Preheat your oven to 350 degrees Fahrenheit.
Prepare your loaf pan by lining it with parchment paper and then spraying it with vegetable oil. Set aside. See Recipe Notes.
In a medium size bowl whisk together the flour, salt, baking soda and vanilla powder. Set aside.
2 cups (300 grams) flour, all-purpose, 1 tsp baking soda, ½ tsp salt, ½ tsp vanilla powder
In the bowl of your stand mixer fitted with the paddle attachement beat the eggs with the sugar at medium speed for 5 minutes.
1 cup (200 grams) sugar, 2 large eggs
Add the oil and maraschino cherry liquid and beat for an additional 3 minutes.
½ cup (125 mL) liquid from the jar of maraschino cherries, ½ cup (125 mL) vegetable oil
With the mixer speed on low, slowly add in the dry ingredients and mix until just combined. Next add in the chopped maraschino cherries and the chocolate chips and mix until just combined. You can use a rubber spatula to do this, and to scrape down the sides of your bowl.
10 ounces chopped maraschino cherries, ½ cup (87 grams) chocolate chips
Spoon batter into your prepared loaf pan (the batter will be thick and sticky) and bake in middle rack of your oven for 60 - 70 minutes or until a toothpick inserted into the center comes out clean.
Allow to cool completely on a wire rack before frosting your cake.