Beat eggs, add sugar and flour.
Let milk and butter heat to just short of boil.
Add to egg mixture.
Add vanilla.
Pour into 9 x 13 pan (spray).
Bake at 350 degrees for 30-35 minutes.
When cool, cut in squares and freeze.
Mix everything but peanuts for frosting.
Add hot water to make thin frosting.
Roll frosted cake in peanuts and put on foil.
