1 1/2 c. butter
3 c. sugar
5 eggs
1/4 tsp. baking powder
1/2 tsp. salt
3 c. all-purpose flour
1/2 c. cocoa
1 c. milk
1 tsp. vanilla

ICING:

1/2 c. butter
3 oz. unsweetened chocolate
1/3 c. evaporated milk
1 lb. powdered sugar
1 tsp. vanilla

Preheat oven to 300. Grease and flour a 9x10 inch tube pan.

Cream butter and sugar. Beat in eggs one at a time. Sift together dry ingredients and add alternately with milk. Stir in vanilla. Pour into pan and bake 1 hour and 20 minutes. Cool.

Icing: Melt butter and chocolate over low heat. Beat milk and sugar together and gradually add melted chocolate. Add vanilla and beat until smooth.