The third show of the season for the Walnut Street Theatre's Independence Studio On 3, will be one of the more popular and acclaimed plays on the regional circuit: Vigil, arriving March 28-April 9 (officially opening March 29). Morris Panych's dark comedy tells of a lonely bank clerk impatiently awaiting the expected death of his aunt. Director and theatre critic Frank Burd will stage the piece.

Veteran Philadelphia performers Greg Wood and Moira Rankin star in the piece. Designing Vigil are Jennifer Goettner (costumes), Laura Wentz (lighting), Scott Smith (sound) and Conrad Maust (set).

For tickets ($15-$25) and information on The Vigil at Walnut Street's Independence Studio On 3, 825 Walnut Street, call (215) 574 3550.

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Following Panych’s Vigil, old age again takes the stage in Visiting Mr. Green, running April 25-May 21. This Off-Broadway hit (a vehicle for Eli Wallach and then Hal Linden) tells of a yuppie who accidentally hits an old Jewish man with his car. As penance, the young exec has to look in on Mr. Green and make sure he's properly taken care of. A friendship develops -- that is, until the young man's sexual orientation becomes an ideological barrier. *

In other Walnut news, the theatre recently passed the 50,000 subscriber mark -- the highest level of subscribership in the company's 17-year history as a regional venue.

According to a Walnut press office release, the Mainstage is subscribed to at 78 percent capacity, while the Independence Studio on 3 space is 85 percent subscriber-filled. The theatre credits its recent hit mounting of Kopit & Yeston's musical Phantom will spurring sales and interest in the venue, while Neil Simon's Hotel Suite and the musical Grand Hotel were also strong draws.

Founded in 1809, the Walnut Street Theatre is the oldest still-in operation playhouse in America. The Walnut was a Shubert tour and pre Broadway venue from the 1940s-1970s. In 1963, the building was declared a National Historic Landmark. In 1983, the not-for-profit Walnut Street Theatre Company was formed by current artistic director Bernard Havard. Future plans include constructing a flexible 350-seat space.

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As for the Walnut Street mainstage season, it's a roster of plain janes and outcasts, featured in Buddy, The Heiress, Phantom, The Last Night of Ballyhoo and La Cage aux Folles.

Though the five productions have no specific connection, each centers on an outsider either forcing his way into the spotlight or finding contentment in being left alone and living differently from others.

Opening the season, Sept. 7-Oct. 24 (officially opening Sept. 15), was Buddy: The Buddy Holly Story, followed by Phantom (Nov. 9 Jan. 9, 2000). Alfred Uhry's Tony-winning The Last Night of Ballyhoo came next (Jan. 18-March 5).

Now on the mainstage, the Walnut has the Goetzes -- Ruth and Augustus, that is, authors of The Heiress, based on Henry James' novel "Washington Square." A 1995 Broadway staging of the show starring Cherry Jones won the Tony Award for Best Revival. The Heiress, running March 14-April 30, tells of a painfully shy young woman who falls in love with a dashing bounder.

Finishing the season, May 16-July 2, are Georges and Albin, the loving couple at the heart of La Cage aux Folles. The two are openly, contentedly gay (Georges runs a nightclub, Albin cross-dresses for the nightly revues), but they're suddenly forced to hide their sexual leanings when Georges' straight son wants to marry into a prudish family. Harvey Fierstein penned the libretto and Jerry Herman the score for this Tony winning musical.

Subscriptions to the Walnut season range from $40 (students/seniors) to $202. For tickets and information call (215) 574-3550.

-- By David Lefkowitz