Recipe courtesy of Deberah Williams

1 cup butter
1/3 cup sugar
2 teaspoons water
2 teaspoons vanilla flavoring
2 cups plain flour
1 cup macadamia nuts, chopped
36 maraschino cherries, drained
Powdered sugar

In mixer, combine butter and sugar until creamy. Add next 3 ingredients and mix until all ingredients are combined. Mix in nuts. Chill for at least three hours. Roll 1 teaspoon of chilled batter into a ball around a cherry. Place on greased cookie sheet and bake at 325 degrees for 15 to 20 minutes or until cookies are lightly browned. Cool completely and roll in powdered sugar. Reroll in powdered sugar before serving, if desired.