PICKETT, Circuit Judge.
This is an action by Beard Well Servicing Company, Inc., a Texas corporation, against Commercial Standard Fire & Marine Company, a corporation, to recover on an insurance policy covering damages to a cable tool well drilling machine known as a Cardwell unit. The policy included damages to the unit caused by "cratering." The parties agreed as to the amount of damages, and upon trial to the court without a jury, it was found that the damages...
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