3/4 cup butter
1 (8-ounce) package cream cheese
1/2 cup granulated sugar
1 1/2 teaspoons vanilla extract
4 large eggs
2 cups all-purpose flour
1 1/2 teaspoons baking powder
1 package wax paper
1/4 cup powdered sugar
Preheat oven to 325*F.
Thoroughly blend together butter, cream cheese, sugar, and vanilla. Add eggs, one at a time, mixing well after each addition. Sift together flour and baking powder; add to the creamed mixture. Pour into a wax paper lined loaf pan.
Bake at for 1 hour. Let stand for 5 minutes then remove from the pan and sprinkle with powdered sugar.
Makes 8 servings.