Boil 1 lb. pinto beans in water until done. Drain & reserve liquid. Fry 8 slices bacon in large skillet till brown. Drain & crumble.
In bacon drippings in skillet, saute ¼ cup chopped onion, ¼ cup green pepper, 1 tsp. salt, 1 tsp. chili powder & cook over medium heat, stirring and mashing beans until all are mashed. Add enough bean juice to make a creamy mixture.
Pour into baking dish & top with ¼ cup Cheddar cheese shredded & the crumbled bacon. Heat.