Larry Smith (brother-in-law) used to make this for me when I would visit Maxine and him during my summers growing up. I would do almost anything to get him to make this for me.
4 C Sugar
2 T Cocoa
1 1/2 C Milk
1/2 C Peanut Butter
Heat sugar, cocoa, milk and butter to soft boil. Cool in sink of cold water. Beat until it grains. Add in peanut butter, pour into butter platter. Set and server