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Show 2B DESERET NEWS, Debt-Ridde. PASADENA. CALIF. (AP) -ifamed Pasadena Playhouse will be auctioned to (lie highest bidder Sept. 13 'tinless a substantial payment is made on the $280,000 woith of morta gages it owes, the he '.theater's president says. 1 We are now paying for a Marty Llrks By Emmy Frday, July 19, 1968 Pasadena Playhouse Faces Auction n of unprofitlong number able operations in the past, said Roland Maxwell, president of the theater-colleg- e which has turned ' out many motion picture stars. We are still hopeful that it can be saved. I think we could make a go of it if we weren't so far in debt. Herbert J. Wamecke, manager of the branch of the Bank of America which holds mortages on the Playhouse, said the auction was set for Aug. 23 but was postponed at the request o Arroyo-Colorad- theaters of the PRE-ELECTI- officials. We as a bank are not on of foreclosing desirous the playhouse, but we have a responsibility to our deposWamecke said. itors, The theater and the actors college is operated on a nonprofit basis by the Pasadena Playhouse Association. ON Its money comes from college tuition and the theaters receipts, Maxwell said. The Playhouse has been operating since 1917 and the college began in 1928. The city of Pasadena has been contributing $15,000 a year in recent years, but donated $25,000 this year in an effort to keep the Playhouse going, Maxwell said. A bene fit by alumni has been pro- posed. Dr. C. Lowell Lees, former director of theater activities at the University of Utah, took an unsuccessful turn at attempting to revive the Playhouse, but the debt situation overwhelmed him, as it has others. He is now top executive at Rutgers University Theater. Belvedere Ml T tf. U. I M. nM Ottr-J- "I've stopped falling in love at first sight . . I keep looking at the wrong boys!" . 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