Cork was used as an insulation until the late 60's early 70's in industrial applications. Most often in refrigeration situations. To the best of my recollection, never more than 3" thick, unless large walk in coolers were being made. It seems as though the builder had access to, or knowledge of working with, cork. With good seals at any openings, you should feel as snug as a bug in a rug. Armstrong was one manufacturer who used it, and after the 70's came along, cork disappeared as an insulating material.
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