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Combine dry ingredients in mixing bowl
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Add eggs, oil, milk and vanilla. Beat 2 minutes on medium speed
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Gradually add boiling water on slow speed
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Pour into greased and floured 9 x 13 pan
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Bake 350 degrees for 35-40 minutes or until done
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Fudge sauce:
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In 2 quart sauce pan melt butter and chocolate ships over low heat
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Stir in evaporated milk and powdered sugar
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Continuously still and bring to boil over medium low heat. Continue to stir and boil until quite thick. About 10 minutes. Remove from heat and stir in vanilla. Sauce will continue to thicken as is cools. Fudge sauce can be made ahead and warmed in microwave for serving.
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Whipped Cream:
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Chill bowl and whisk attachment in fridge several hours before making whipped cream
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Add heavy whipping cream to chilled mixing bowl
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Whip on high until soft peaks begin to form
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Add powdered sugar on low speed until combined.
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Whip on high until stiff peaks form.
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Serve by cutting individual pieces, drizzled with fudge sauce, whipped cream and walnuts