Instructions

  1. Preheat oven to 325F degrees.
  2. Grease and flour a 10-inch tube pan.
  3. Combine the butter and cream cheese in a large mixing bowl.
  4. Beat until well blended.
  5. Add the sugar and beat until smooth and creamy.
  6. Add eggs, one at a time, beating well after each addition (This is an important step because the eggs add the leavening to the cake).
  7. Add the flour, alternately with the milk, starting and ending with flour.
  8. Stir in chocolate chips.
  9. Pour into a prepared pan and bake for about 1½ hours, or until a wooden toothpick comes out clean, when inserted near the center of the cake.
  10. Remove from pan immediately and turn upright onto a serving plate.
  11. Allow cake to cool before slicing.