Virtual Sefer Peach French Toast

Peach Of a French Toast
1 C. brown sugar
1/2 C. butter or margarine
2 T. water
1 (29 oz.) can sliced peaches
5 eggs
1 1/2 C. milk
1 T. vanilla
Loaf French bread (sliced)
Drain peaches and excess syrup. Set aside. In a saucepan, heat butter and sugar on medium heat until butter is melted. Add water and continue to cook until sauce becomes thick and foamy. Pour into a 9x13-inch dish and cool 10 minutes. Place peaches on top of cooled sauce and cover with slices of bread placed close together. Blend eggs, milk and vanilla until well mixed. Pour over bread, cover pan and refrigerate overnight. Bake in 350 degree oven for 40 minutes. Loosely cover with foil for the last 10-15 minutes. (If browning) Serve with remaining peach syrup or your syrup of choice.