1 1/2 lbs. round steak
Salt
Pepper
Flour

Cut steak in "serving size" pieces. Beat with a meat mallet. Sprinkle salt lightly over meat and coat with flour. Heat fat in a skillet, about 1/4-inch deep. Brown meat on both sides. Slowly add about 1 1/2 cups of water. Cover skillet and simmer until meat is tender, about 1 hour.

Remove meat from skillet and sprinkle with pepper. Make gravy in the skillet by removing from heat and stirring in 1/4 cup flour. Add water to desired consistency and return to heat to boil. Season to taste. Serve over meat.