Preheat oven to 350 degrees F.
Cream butter and powder sugar together.
Add egg and vanilla and slowly incorporate flour to mixture and mix well.
Fold into the dough the quartered cherries and nuts.
Continue folding the cherries in the dough so that the cherries are distributed evenly throughout.
Place a piece of parchment paper or waxed paper on the counter and place approximately ⅓rd of the dough on the paper.
Using your hands roll the dough into a log shape about 2 inches round.
Once you have your shape, then roll the log in the paper and secure the ends of the parchment or waxed paper and place in the refrigerator.
Continue 2 more times until all of the dough has been rolled and placed in the refrigerator.
Allow the dough to stay in the refrigerator for at least 3 hours.
Take out of the refrigerator and unroll the dough from the paper.
Cut the dough with a knife into ¼ inch slices and place on a cookie sheet lined with parchment paper.
Bake for approximately 13-15 minutes or until the cookie is light golden in color.
