Caramel Icing - cooking recipe

Ingredients
    1/2 c. sugar
    2 c. sugar
    3/4 c. milk
    1 slightly beaten egg
    1 stick oleo or butter
Preparation
    Place 1/2 cup sugar in iron skillet over low heat.
    Mix in saucepan 2 cups sugar, milk, egg and oleo or butter.
    Cook and stir this mixture over low heat until oleo or butter melts.
    Increase heat and cook until it boils rapidly.
    (Scorches easily.) Meanwhile, the sugar in the skillet has begun to melt.
    When it is a light brown, pour it into the other boiling mixture, stirring constantly.
    Cook to soft ball stage.
    Add 1 teaspoon vanilla. Beat until consistency to spread.
    (I use this on 1-2-3-4 cake layers.)

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