A different type of auction will take place this week in Holmes County. The inaugural Memorial Day Benefit Pony Event will take place at Mt. Hope Auction this Thursday, May 22. It will start at 7 p.m. and youngsters will drive their favorite ponies across the grandstand area, hoping to garner bids from supporters in the stands. However, it won’t be the ponies bidders are purchasing, but rather the many gifts attached to each pony. A parade of 50 ponies will be lined up to trek to center stage. Each youngster who signs up will go out and find sponsored items to attach to each pony. All the proceeds from the Memorial Day Benefit Pony Event will go to Rainbow of Hope, a local organization that supports children and their families going through difficult financial times due to medical issues.