This is my mom's recipe. I occasionally jazz it up a bit by adding a little bit of unsweetened cocoa powder.
1/4 cup milk
1/2 teaspoon vanilla extract
1/2 teaspoon ground cinnamon
1/8 teaspoon ground nutmeg
6 slices of white bread (or store bought white/wheat if that floats your boat)
In a shallow bowl, with a whisk or fork, beat the eggs until foamy. Add milk, vanilla, cinnamon and nutmeg. Beat well; set aside.
Lightly spray a nonstick skillet (or electric skillet if you have one, I think they work the best) with cooking spray. Heat over medium heat (or 325 degrees for the electric). Dip the bread slices into the egg mixture, turning to coat and draining the exess back into the dish.
Place bread slices in prepared skillet. Cook until golden brown, turning once, about 3-4 minutes per side.
Serve with butter and maple or fruit-flavored syrups. We also like these with warmed apple pie filling. Joe thinks they're best with maple syrup, sliced bananas and cool whip (but keep in mind he's 5 and this flavor combo might not suit everyone).