OPINION
FRYE, District Judge:
The following matters are before the court:
1) the motion for partial summary judgment of Columbia Steel Casting Co., Inc. (Columbia) (# 72); and
2) the cross-motion for summary judgment of Portland General Electric Company (PGE) (# 82).
UNDISPUTED FACTS
On July 18, 1972, PGE and Pacific Power & Light Company (Pacific) entered into an agreement to exchange electric distribution properties...
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