This recipe came from my friend Annette. Her grandma makes it every year for her family. I love giving it as a gift!

1 1/2 cups butter, softened
1 (8 oz.) package cream cheese, softened
3 cups sugar
6 large eggs
1 1/2 tsp. vanilla extract
3 cups all purpose flour
1/8 tsp. salt

Beat butter and cream cheese at medium speed with an electric mixer for two minutes. Gradually add sugar, beating five to seven minutes. Add eggs, one at a time, beating just until yellow disappears. Add vanilla, mixing well.

Combine flour and salt; gradually add to butter mixture, beating at low speed just until blended after each addition. Pour batter into a greased and floured 10-inch tube pan or loaf pan.

Bake at 300 degrees for one hour and 30 minutes or until wooden pick inserted in center of cake comes out clean. Cool in pan on a wire rack 10-15 minutes; remove from pan and cool completely on wire rack.