This is the cake we made so successfully for so many parties while we were catering.

2 sticks margarine 
1/2 cup shortening
3 cups sugar
6 large eggs
3/4 cup milk and maraschino cherry juice (from bottled cherries below) to make 1 cup liquid
3 3/4 cups sifted plain flour
1 teaspoon vanilla
1 (10 oz.) bottle maraschino cherries, chopped

Cream margarine, shortening and sugar until light. Add eggs, one at a time.

Mix milk and maraschino cherry juice.

Measure sifted flour and add to first mixture alternately with cherry-milk mixture. Add vanilla. Stir in half the cherries; reserve rest for icing.

Bake in a greased 10 inch tube pan at 300 degrees for 11/2 hours or until cake tests done in your oven.

Cover with the following frosting.

1 (3 oz.) package cream cheese, softened
1/2 stick margarine
1 box 10x powdered sugar
remaining cherries from cake recipe above
1/2 cup chopped nuts 1/2 cup coconut
1/2 to 3/4 teaspoon vanilla

Cream together cream cheese and margarine. Add powdered sugar, cherries, nuts, coconut, vanilla and enough cherry juice to make a good spreading consistency. Frost top and sides of cake.