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INVESTMENT SYNDICATES, INC. v. RICHMOND

Civ. Nos. 70-564, 70-610.

318 F.Supp. 1038 (1970)

INVESTMENT SYNDICATES, INC., a Washington corporation, Plaintiff, v. H. R. RICHMOND, Administrator, Bonneville Power Administration, Defendant. UNITED STATES of America, Plaintiff, v. INVESTMENT SYNDICATES, INC., et al., Defendants.

United States District Court, D. Oregon.

October 27, 1970.

Attorney(s) appearing for the Case

Stephen P. Ryder, Monheimer, Schermer, VanFredenberg & Smith, Seattle, Wash., for Investment Syndicates, Inc.; Richard Maizels, Portland, Or., associated counsel.

Sidney I. Lezak, U. S. Atty., D. Oregon, Jack G. Collins, First Asst. U. S. Atty., Portland, Or., for H. R. Richmond and United States of America.

OPINION

BELLONI, District Judge.

Investment Syndicates, Inc., land speculators, purchased five hundred acres of southwestern Oregon ocean-view property through which runs a 115 kv power transmission line. The Bonneville Power Administration (BPA) had been planning since 1967 to enlarge the line's capacity by constructing a new 230 kv line beside the existing one. It was to run the fifty-two miles between Bandon and Gold Beach. The government had acquired...

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