OPINION
SHAW, District Judge.
This action arises out of a robbery which occurred at the C. F. Mueller Company (Mueller) plant in Jersey City on February 2, 1967. Plaintiff, Mueller, brings the action against defendant insurance carrier (Maryland) to recover its loss pursuant to the provisions of a policy of insurance issued by defendant. The policy of insurance is known as Paymasters Broad Form Coverage Policy which insured plaintiff for loss of payroll...
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