69-11-429. Liability for valuable cargo. (1) Unless a common carrier has knowledge of the nature of the freight upon its receipt by mark upon the package or otherwise, a common carrier is not liable for more than $50 upon the loss or injury of any one package of:

(a) gold, silver, platina, or precious stones or of imitations of those items in a manufactured or unmanufactured state;

(b) timepieces of any description;

(c) negotiable paper or other valuable writings;

(d) pictures, glass, or chinaware;

(e) statuary, silk, or laces; or

(f) plated ware of any kind.

(2) A common carrier is not liable with regard to any package carried for more than the value of the articles named in the receipt or the bill of lading.