NO FRY Donuts

2 (1/4 ounce) packages active dry yeast
1/4 cup warm water
1 1/2 cups warm milk
1/3 cup shortening
1/2 cup sugar
2 eggs
1 teaspoon salt
1 teaspoon ground nutmeg
1/4 teaspoon ground cinnamon
4 1/2-5 cups all-purpose flour
1/4 cup melted butter or 1/4 cup margarine
GLAZE
1/2 cup butter
2 cups confectioners' sugar
5 teaspoons water
2 teaspoons vanilla extract
Directions:

1
Dissolve yeast in water.
2
Add milk and shortening.
3
Stir for 1 minute.
4
Add sugar, eggs, salt, nutmeg, cinnamon and 2 cups flour; beat on low speed until smooth.
5
Stir in enough flour to form soft dough but do not knead.
6
Cover and let rise in a warm place until doubled.
7
Punch down and turn onto a floured surface.
8
Roll out to 1/2 inch thickness.
9
Cut with a 2.75 inch doughnut cutter.
10
Place 2 inches apart on greased baking sheets and brush with butter.
11
Cover and let rise in a warm place until doubled.
12
Bake at 350F or 180C for 20 mins or until lightly browned.
13
Meanwhile, melt butter in a saucepan, add sugar, water and vanilla.
14
Stir over low heat until smooth (do not boil).
15
Keep warm.
16
Dip warm doughnuts one at a time into glaze and turn to coat.
17
Drain on wire rack.
18
Serve immediately.


Read more at: http://baking.food.com/recipe/no-fry-doughnuts-86705?ic1=obnetwork&oc=linkback