Preheat oven to 325 degrees.

1 c. butter, softened
1/2 c. sugar
1/2 c. brown sugar
2 eggs
1/2 c. flour
1 c. walnuts
1 (6 oz.) pkg. semi-sweet chocolate morsels
1 (9 inch) pie shell, unbaked

Cream butter and sugar. Add eggs and mix well. Add flour and blend well. Add walnuts and chocolate morsels and stir to blend. Pour into pie shell and bake for 1 hour. Before serving, garnish pie with whipped cream or ice cream.