1 stick butter
1/2 c. shortening
2 c. sugar
5 egg yolks
2 c. flour (plain)
1 tsp. baking soda
1/2 tsp. salt
1 c. buttermilk
1 tsp. vanilla
1 c. coconut
5 egg whites, beaten
1 c. chopped nuts

Mix butter, shortening, and sugar. Beat well. Add egg yolks, one at a time, beating after each addition. Sift flour, soda, and salt; add alternately with buttermilk. Add vanilla, coconut, and pecans. Fold in beaten egg whites. Pour in 3 or 4 (8 inch) pans and cook 20 minutes at 350 degrees.

ICING:

1 (8 oz.) pkg. cream cheese
1 box confectioners' sugar
1 c. coconut
1/2 stick butter
1 tsp. vanilla
1 c. chopped pecans

Mix cream cheese, butter, and sugar. Add vanilla, coconut, and pecans. Spread on cooled cake layers. Garnish with nuts, if desired.