Over low heat, melt chocolate with sweetened condensed milk, vanilla and salt
Remove from heat, stir in cherries
Spread into foil-lined 8-9" square pan
Chill 2 hours or until firm
Turn fudge out onto cutting board, peel off foil, cut in squares
Store covered in refrigerator
Variations:
Rum Raisin White Fudge: Omit vanilla and cherries. Add 1-1/2 tsp white vinegar, tsp rum flavoring and 3/4 cup raisins. Proceed as above
Toasted Nutty White Fudge: Omit cherries. Add 1 cup chopped toasted nuts. Proceed as above