1/4 cup butter
1/2 cup packed light brown sugar
1/4 teaspoon nutmeg
5 fresh peaches – peeled, pitted and halved
1/2 cup butter, softened
1/2 cup sugar
1 1/4 cups all-purpose flour
2 teaspoons baking powder
1/2 teaspoon salt
1/2 cup milk
Melt 1/4 cup butter or margarine in an 8-inch round pan. Sprinkle with brown sugar and nutmeg. Arrange peach halves, cut side down, in pan. In a large bowl, cream the butter and sugar until light and fluffy. Beat in egg. Stir together flour, baking powder and salt. Add flour mixture to creamed mixture alternately with milk, beating well after each addition. Spread batter over peaches.
Bake at 375 for 40 minutes. Turn upside down on serving plate. Fresh whipped cream goes great with.