In a medium saucepan, bring 2 cups of water to a boil. Combine the cornmeal, salt and remaining 1 cup of water. While stirring, slowly pour into the boiling water.
Reduce heat and continue to cook, stirring constantly. Cook for 5 - 8 minutes or until thick enough for spoon to stand up in pan.
Stir in 2 Tbs. of butter until combined.
Spread evenly into a lightly greased, 8x4, loaf pan. Cover and refrigerate overnight.
Run a knife around the edge of the pan to loosen the loaf from pan. Cut loaf into 3/8 inch slices. Fry until golden brown in a hot, buttered skillet.