REGAN, Judge.
Plaintiff, Binnings Equipment Company, Inc., instituted this suit against its insurer, the defendant, Travelers Indemnity Company, endeavoring to recover the sum of $593.83, representing the cost of repairing a crane which the plaintiff had borrowed from a third party, insisting that this loss was covered by the "new acquisition clause" contained in a Contractors Equipment Floater Policy which had been issued to it by the defendant.
The defendant...
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