Texas Fudge Cake

½ lb margarine
½ C milk
1 C water
1 t vanilla
4 T cocoa
1 stick margarine
2 C sifted flour
6 T milk
2 C sugar
4 T cocoa
2 eggs
½ C chopped nuts
1 t soda

Bring to a boil ½ lb margarine, 1 C water and 4 T cocoa; pour over 2 C flour and 2 C sugar. Stir until mixed. Add 2 eggs, 1 t soda mixed with ½ C milk and 1 t vanilla. Stir until mixed. Bake in greased and floured 12/x 18 x 1” jelly roll pan, agt 350 degrees approximately 30-40 minutes, or until done. Five minutes before cake is done, bring to boil: 1 stick margarine, 6 tablespoons milk, 4 tablespoons cocoa and ½ C chopped nuts. Pour over 1 lb. powdered sugar. Spread on very hot cake.