SUMMERS, Justice.
Barouco, Inc., leased to Advance Coating, Inc., an air compressor, a sandblasting machine, fifty feet of air hose and two hundred feet of sandblasting hose. By the terms of the lease Advance expressly agreed to indemnify Barouco, Commercial Union Insurance Company's insured, for any and all loss or damage occurring to the leased equipment.
On or about August 16, 1974, while Advance was in possession of the leased equipment, a barge afloat...
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