I got this recipe years ago from Elizabeth Grayson's website. She got it from someone, who got it from someone, who got it from someone. And they're not even Southern!
Pumpkin Cake
2 cups sugar
4 whole eggs
2 cups canned pumpkin (plain, not pie filling)
3 cups flour
2 teaspoons baking powder
1/2 teaspoon salt
2 teaspoon baking soda
1/2 teaspoon cinnamon
6 oz. chocolate chips
1 cup chopped pecans (optional)
Blend together by hand the oil, sugar, eggs and pumpkin.
Sift together remaining ingredients separately. Actually, don't sift. Put all the ingredients together and use your whisk. It's a lot easier, makes less of a mess and does the same thing as sifting.
Add dry mixture to wet. Stir only until moistened.
Bake in greased bundt pan on the lowest rack in oven at 350 degrees for 1 hour and 10 minutes. Oven temperatures vary so make adjustments as necessary.
Remove cake from pan when partially cooled. Lightly dust with powdered sugar.
You can also use this recipe to make muffins.