Bring to a rapid boil:

2 sticks butter
1 c. water

Pour over:

1 tsp. salt
2 c. sugar
1 tsp. baking soda

Mix and add:

2 unbeaten eggs
1/2 cup buttermilk
2 cups flour

Pour into a greased and floured sheet pan and bake at 350 degrees for 20-25 minutes.

FROSTING:

1/2 c. peanut butter, crunchy or smooth
1 stick butter
6 tbsp. buttermilk

Bring to a boil; pour over 4 cups of powdered sugar. Add 1 teaspoon vanilla. Mix real good and frost cake while still hot.