Friday, December 10, 2010

Bank takes Bucks County Playhouse back from Ralph Miller

By Charlie Sahner

The Stoneridge Bank of Skippack seized back control of the Bucks County Playhouse after no bids for the property materialized at Friday morning's sheriff sale.

Ralph Miller, controversial owner of the New Hope landmark, said yesterday that he was relinquishing ownership of the property.

Miller has been running the theater since 1977, and owed the Stonebridge Bank more than $2 million.  Spokespersons for the bank did not return phone calls requesting information.

The Playhouse had been slated for sheriff sale Nov. 12, but received a reprieve until Dec. 10.  The "sale adjournment" requesting a delay was submitted by an attorney with Philadelphia law firm Fox Rothchild on behalf of Stonebridge Bank of Skippack, filings show.

As previously reported, a group of concerned citizens and civic leaders has been formed and held meetings with additional parties in an attempt to preserve the historic structure as a performance outlet.

A call to the Playhouse ticket office revealed that seats were still being sold for A Christmas Carol, which is running through Dec. 23, but website links to purchase 2011 tickets appeared not to be working.

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