Coat a tube pan or bundt pan with solid vegetable shortening and a dusting of sugar (about 1/4 cup) swirl the pan so the sugar coats all the shortening. Be sure not to miss any areas. Or you can coat the pan with Wilton cake release.
Preheat oven to 350°F
In the bowl of an electric mixer, beat butter and cream cheese until smooth.
1 and 1/2 cups butter, 8 ounce cream cheese
Add sugar and beat until fluffy. The mixture will lighten in color slightly. Stop the mixer and scrape the sides and bottom of the bowl. Return the mixer to low.
3 cups granulated sugar
Add eggs one at a time, beating after each addition. Stop the mixer and scrape the sides and the bottom of the bowl. Return to low.
6 large eggs
Slowly add the flour to the mixture and stir it in gently. Be careful not to overmix.
3 cups all-purpose flour
Add lemon extract and stir it in. Stop the mixer and scrape the sides and the bottom of the bowl.
1 tablespoon lemon extract
Pour batter into your prepared pan.
Bake 60 to 70 minutes at 350℉ (or 75 to 80 minutes at 325℉ - I've baked it both ways) or until a pick inserted in the center comes out clean or with 'dry' crumbs. Or, you can test with your cake thermometer.
Allow to cool on the countertop on a wire rack 30 minutes before inverting on a serving tray. Cool completely on the counter before covering in an airtight container.
Store in an airtight container on the counter for 5 to 6 days. To revive dried-out 'old' pound cake, spread butter on both sides and toast until it's lightly browned. Or, you can make a Nutella Strawberry Grilled Sandwich. The link is in the notes below.