Beat eggs, milk, melted butter and vanilla. Add raisins and fruit cocktail, when all ingredients are well blended, dice french bread and add to all the ingredients. Let soak for about 5 minutes, then pour into a 9 inch baking pan and bake 45 minutes in a 350 degree oven. Serve warm in dessert bowls with warm butter rum sauce.
For Rum Sauce.
Melt butter, add rum and sugar, blend well and bring to a boil. This sauce must be served warm.
It can be stored in the refrigerator and reheated.