A very moist chocolate cake due to the mayonnaise base, with a very rich frosting. The name of the cake comes from the story that somebody (I think around the turn of the last century) supposedly paid $100 to a restaurant in Chicago for the recipe--equivalent to paying several thousand dollars today. The story is widely known but I don't know whether it's fact or fiction. I myself don't like chocolate, so when I have to make a dessert and don't want to be "tempted" I like to make something chocolate. Therefore I haven't eaten it myself. However, a number of people I've served it to have asked for the recipe so I feel confident that it's quite good.
I make Hundred dollar cake frequently--it is my husbands favorite Cake and everyone seems to love it. I read that the original restaurant source was the Waldorf Astoria. Have not tried the buttercream icing, but it also tastes great with a cream cheese icing, with or without pecans added. Will try the buttercream icing--thanks for sharing it!
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I *love* this cake! I made the icing also, I have to say that I used milk in place of water and it was still wonderful, also I increased the vanilla to 1 tablespoon and increased the sugar by 1/4 cup, thank you echo!...Kitten
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My mother used to make this when I was a child, many years ago. It takes no longer than any scratch cake and always turns out moist. It stays moist for days. I will make no other chocolate cake.
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