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

Cream butter and sugar. Add eggs, one at a time and beat well. Sift dry ingredients 3 times and add alternately with the milk and vanilla. Pour into a greased and floured 10 inch tube pan. Bake at 325 degrees for 80 minutes.

FROSTING:

2 sq. unsweetened chocolate
4 tbsp. butter or shortening
1/2 tsp. salt
1 1/2 c. sugar
1/2 c. milk
1 tsp. corn syrup
1 tsp. vanilla extract
1 c. chopped nuts

Grate chocolate. Combine all ingredients except vanilla and nuts. Bring to a boil and cook 2 minutes. Remove from heat, cool, then beat. Add vanilla and nuts and spread thin fudgelike glaze.