Whisk cream, milk, 3/4 cup sugar, vanilla, and 1 tablespoon almond extract.  If you have time to chill this mixture, chill for a few hours.  Process according to ice cream maker instructions.  

When ice cream is about half way done churning, roughly chop cherries, or process in a blender or small food processor until finely chopped.  Mix in remaining 1/4 cup sugar and 1 teaspoon almond extract.  Place mixture in freezer to remain chilled. 

When ice cream is in final moments of churning, add cherry mixture OR wait until ice cream is finished and stir in by hand.  Place in freezer-safe container and chill until firm, several hours or overnight.