OPINION AND ORDER
CONNER, District Judge:
This is an action to recover for damages to a shipment of pharmaceuticals shipped from San Juan, Puerto Rico to New York aboard defendant's vessel, the S/S BAYOMON, pursuant to a bill of lading issued by defendant in August 1977 at San Juan.
The bill of lading, on its face, contains the following wording: "Drugs & Medicines Agreed declared value not to exceed 50 cents per pound-Item No. 17.120."
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