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

Cream together butter, shortening, and sugar; add eggs, one at a time, beating well after each. Sift together flour, baking powder, salt, and nutmeg; add alternately with milk and vanilla to creamed mixture, beating until well blended after each addition.

Pour batter into lightly greased and floured 9-inch tube pan; bake in preheated 325 degree oven for 1 hour or until done.