The 48th annual Fall Festival at Grayson Highlands will be held Saturday and Sunday, September 28 and 29, in the Picnic Area of Grayson Highlands State Park. This community event is sponsored by the Rugby Rescue Squad and Volunteer Fire Department and Ladies Auxiliary, with assistance from the Virginia Division of State Parks. This year's festival will feature live bluegrass and old-time music, barbecued chicken dinners, molasses-making and other demonstrations of pioneer living in addition to the crafts fair. The auction of "wild" pony colts, sponsored by the Wilburn Ridge Pony Association, will take place at 2 p.m: on Saturday.