Cut corn cobs to half and add to saucepan. Add milk and bay leaf. Bring to boil and reduce heat to a bare simmer. Cover the pot and cook for 30 mins. Make sure mixture doesn’t boil to prevent scalding the milk on the bottom of the pan.
Take out bay leaf, corn cobs and raise heat. Add potato and red pepper, salt, pepper. Reduce to simmer and continue cooking for 15 mins. Or until potatoes are tender.