Bake at 325° for about 1 hour or till a toothpick comes out clean. (Don't over bake or the cake will be dry.)
Let sit in pan for 10 minutes, then carefully dump out onto a cooling rack. Cool cake completely and frost with lemon cream cheese frosting.
Frosting: Beat cream cheese and butter till smooth. Beat in remaining ingredients, adding enough milk or cream to achieve spreading consistency. Frost cooled cake.