Cream the butter and sugar until light & fluffy. Beat in egg & extracts. Combine the flour, cinnamon, cream of tartar, soda & nutmeg – whisk together and gradually beat into the creamed mixture. Fold in the peaches. Drop dough onto parchment lined cookie sheets. Bake at 350°F for 14 – 16 minutes. Cool on pans for 2 minutes and remove to wire racks.