Combine flour, 1 cup sugar, baking powder, and salt; add milk, condense milk, 1 tsp vanilla, a pinch of nutmeg, 1 tsp cinnamon stirring just until dry ingredients are moistened. Pour batter over butter (do not stir).

Bring remaining 1 cup sugar, peach slices, and lemon juice,a pinch of nutmeg, 1/4 tsp of cinnamon , 1 tsp vanilla to a boil over high heat in medium sized pot. stirring constantly; pour over batter (do not stir).

Bake on 375 for 45 minutes