2 cups sugar
½ cup (1 stick) oleo
1 cup water
½ cup cooking oil
3 tablespoons cocoa
2 cups all-purpose flour
½ teaspoon salt
1 teaspoon soda
2 eggs
½ cup buttermilk
1 teaspoon vanilla

Frosting: ½ cup (1 stick) margarine
6 tablespoons milk
4 tablespoons cocoa
1 (16-ounce) box powdered sugar
1 cup nuts, chopped

In a boiler melt sugar, oleo, water, oil and cocoa. Add while warm to remaining dry ingredients. Beat with mixer to combine. Add eggs, buttermilk and vanilla. Bake in greased 7’-x11’-inch pan for 30 minutes at 350 F.

In a saucepan, stir together margarine and next three ingredients over low heat until melted. Add 1 cup chopped nuts. Pour over hot cake.