Preheat oven to 350°F. Prepare an 8" x 8" pan by lining with 2 strips of parchment paper or Baker's Joy non-stick spray.
Whisk together the cornmeal, sugar and baking powder. Set next to stove.
Beat the 2 eggs, then blend into milk until smooth. Set next to the stove.
Place water and the stick of butter in a medium saucepan. Bring to a low boil. Simmer just until the butter has melted.
Blend dry ingredients into simmering water. Once incorporated, slowly pour in the milk/egg mixture as you continue to whisk.
Continue to whisk over LOW heat until it thickens to a custard-type consistency. Remove from heat and pour into an 8" x 8" prepared pan.
Smooth out the top with a rubber spatula or an off set spatula.
Bake for 90 minutes on middle rack. The top should be golden and may be a little patchy in color.
Place pan on a cooling rack. You will notice it settling over the next hour or so and the "skin" may appear to separate in places.
Slice once cooled and settled, but still warm. YUM!