Susie'S Peach Preserve Cake - cooking recipe

Ingredients
    2 sticks margarine
    2 c. sugar
    4 eggs
    1 c. buttermilk
    3 c. flour
    1 tsp. soda
    1 tsp. cinnamon
    1 tsp. nutmeg
    1 1/2 c. chopped pecans
    1 c. peach preserves
    1 1/2 c. peach preserves
    1 c. powdered sugar, sifted
    1 Tbsp. lemon juice
Preparation
    Cream margarine and sugar.
    Add eggs.
    Mix dry ingredients and add alternately with buttermilk.
    Stir in pecans and preserves. Bake in greased and floured Bundt or tube pan at 350\u00b0 for 1 hour and ten minutes or until tests done with toothpick.
    Glaze with the following:

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