Sewickley Herald

              The Herald
The Sewickley Valley’s Home-News Weekly
VOL, 52 NO, 48	SEWICKLEY, PENNSYLVANIA, THURSDAY, NOVEMBER 29,1956	Price Ten Cents
Melodrama Friday Night By The Players
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(Photo by Jim Fitzsimmons)
A scene from the Valley Players productipn “Dirty Work at the Crossroads” or “Tempted, Tried and True” to be presented tomorrow evening, Friday, at die Quaker Valley Junior High School. Left to right, Mary Callaway as Little Nell, Jack WTilson as the villain, Munro Murgatroyd, and Mary, Spillsbury as die heroine, Sweet Nell.
An evening of riotous entertainment is in store for everyone who goes to the Junior High Auditorium tomorrow night. Everyone is invited and The Valley Players feel sure that nobody will come away without having enjoyed die evening dioroughly. Besides the melodrama itself, diere will lie several vaudeville acts in between scenes. The audience will also be able to participate by expressing dieir feelings with suitable noisemakers provided them.
Tins will be the fourdi annual production of The Valley Players and tiiey believe it will be even better tiian their previous efforts. Tickets are on sale at die Herald Office and can also he purchased at the door the night of the performance.
New Nursery—Kindergarten At Academy
(Photo by McCandless)
The recently completed Nursery School-Kindergarten building of die Sewickley Academy will be opeii to die inspection of nearly 500 parents and friends on Sunday, December 2nd, from 11 a.m. to 1:30 p.m. With three new faculty houses, the Nursery-Kmdergerten budding is the first stage of a million dollar construction program which will eventually include a new Symnasium and four more faculty residences.__
Series Of Square Dances
Be Held By
Local Choir
(¡nfi,aPJ have been made by the Wickloy Presbyterian Church choir r a series of round arid square ' n<*s, the first of which will bo
held. tomorrow, Friday, November 30. The dances will' be held in the Churoh House of the Presbyterian Church from 8:80 p.m. until midnight.
Adults who are interested are welcome. Callers for the square dancing will be Mr. and Mrs. Joseph Black-hurst«
Miss Sarah Waite is chairman for
the series of dances assisted by Mr. William G. Dyker, co-chairman, Miss Edith Himes, and Mr. Thomas Chal-lis.
Decision to initiate the new series of dances resulted from the suooess of tile recent Hallowe’en party held by the Presbyterian choir with members of die St, Stephen’s Episcopal Churoh choir as guests.
Singer, Deane and Scribner Buys Entire Bond Issue
Edgeworth Council Underwrites Losses Due To Non-Payment of Water Bills
The Edgeworth Water Authority, at a meeting November 14, accepted the offer of Singer, Deane and Scribner to purchase $920,000 of redeemable revenue bonds at an interest rate of 3%%. The brokerage firm submitted a bid to buy $245,000 of the bonds at $980 per $1,000 and $675,000 at $990 per thousand. Representatives of five investment banking houses who have personnel living in the area served by the water company were invited to the meeting, along with a representative of Burgwin, Ruffin, Perry and Pobd, bond counsel. The Authority was assured by these representatives that it was most fortunate to receive the Singer’s bid of 3Vi% and also that the remuneration of 1% and 2% was most reasonable.
.. .One of the reasons for the favorable interest rate is that Edge-worth Borough has agreed to pay any losses incurred through non-payment of water bills by Edgeworth residents. An ordinance to that effect was passed first reading by Edgeworth council at a special meeting on Monday night, November 26th.
At the Authority meeting, Novem-"
her 14th, the proposal made by Singer, Deane and Scribner was discussed thoroughly before being signed by Charles N. Fisher, partner in the firm and-F. Brian Reuter, chairman of the Authority. The proposal outlined the fact that the $920,000 bond issue would mature November 1, 1996, with interest payable the first of May and November. The bonds are to be issued under a trust inden-
ture between the Fidelity Trust Company and the authority. The bonds will be redeemable beginning November 1, 1960, at a redemption price equal to the principal amount, plus accrued interest. They are also redeemable with surplus revenues starting November 1, 1961, at the rate of 104% from ’61 to ’65; 103% from ’65» to ’69; 102% from ’69 to ’73; 101% from *73 to 77 and 100% from 77 to (Continued on Page 12)
Sewickley Academy To Hold Open House On Sunday
Nursery-Kindergarten Building and Faculty Residences To Be Open for Inspection Dec. 2nd
, The Sewickley Academy will open the doors of the new kindergarten-nursery school building, and the newly completed and nearly completed faculty residences to nearly 500 parents and friends of the school on Sunday, December 2, from 11:00 a.m. to 1:30 p.m.
These beautiful and functional buildings are carefully, designed to compliment the existing buildings located on tire main campus. The new school building, a one story structure, is designed to accommodate twenty-five nursery pupils and twenty-five kindergarten pupils. The two new, three-bedroom houses, are to serve as faculty residences. In addition to the new construction, tire former nursery school building located on Hazel Lane has been completely renovated and made into, an attractive house.
The occupancy of these buildings will represent the completion of the first stage of a $1,000,000 development program. The primary building will be occupied by the second week of December, while one bouse is al-
ready occupied. The second house should be completed by Christmas.
The remainder of the construction program will include a new gymnasium and four additional faculty houses. A very important phase of the planning by the board of trustees is the policy of laying aside a dollar (Continued on Page 12)
What’s Doin’
THE VALLEY PLAYERS Present.
“Dirty Work at the Crossroads” or "tempted, Tried and True”
A Melodrama in 8 Acts Friday, November 30	-	8:15 pm.
Quaker Valley Junior High School Tickets $1.00 inch Tax (Advt.) ******
OJE.S. BAZAAR, Saturday, Deoembar 1, 1956, at Sewickley Hardware & Paint Co., 424 Beaver Street, 9:00 A.M.
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Sunday, December 2, TURKEY and CHTTTERLING DINNER, 1 until— American Legion Post 450 1 Chadwick Street Chairman, Mrs. Georgia Gotild President, Mrs. Etta Cook