Bolta Rubber Co. v. Lowell Trucking Corp.

The defendant Lowell Trucking Corporation, a common carrier of goods by motor trucks, with places of business in Lowell and in the city of New York, was insured by a policy of insurance issued by the defendant Niagara Fire Insurance Company in the amount of $25,000 (increased by indorsement to $30,000) covering the loss of property upon a motor truck equipped with the Babaco alarm system and in the amount of $10,000 for the loss of property upon a motor truck not so equipped, against various perils, including “ (g) Theft of entire package (excluding pilferage).” The policy provided: “This…