Try this:
Extract a new copy of the file TIMEDATE.CPL to the Windows\System folder, from either your Windows 95 CD or from the CAB files on your hard drive.
HOW TO: Extract Original Compressed Windows Files:
http://support.microsoft.com/default.aspx?scid=kb;EN-US;129605
How to use System File Checker (SFC) to extract a file:
http://support.earthlink.net/mu/1/psc/img/walkthroughs/windows_9x_nt/dialers/dun
_1.3/0850.how.to.sfc.psc.html
and
http://users.westelcom.com/rogersr/sfc.htm#1pp
http://users.westelcom.com/rogersr/sfc.htm#2pp
Description of Control Panel (.cpl) Files
http://support.microsoft.com?kbid9648
How to Troubleshoot Control Panel Issues in Windows
http://support.microsoft.com?kbid)9923

Signature
Glen Ventura, MS MVP W95/98 Systems
http://dts-l.org/goodpost.htm
> When I attempt to change/adjust the time, then hit apply,
> my computer freezes. It then shows date/time properties
> not responding after Ctrl-Alt-Del option. This happens
> every time. Win 98 SE.
> Any help appreciated.