Combine Ingredients for Cake. Bake at 250 degrees in a bundt pan for 1 hour or a 9x13 pan for 40 minutes.
For the Glaze: In a sauce pan, mix water and sugar on medium– high heat until it boils.
Let cool then add 1 Tbsp. butter; 1 1/4 cup Confectioners sugar; 1 tsp. vanilla.
Mix well and put on cake.