Mary's Ice Box Wonder Rolls or Bread

1/2 cup warm water
1 pkg. dry yeast
2 cups water
1/2 cup margarine
1/2 cup sugar
1 tsp. salt
1 egg, beaten
5-1/2 cups (for rolls) or 6-1/2 cups (for bread) flour

Dissolve yeast in the warm water.  Melt margarine with 1 cup water in microwave.  Add 2nd cup of water, sugar, salt, egg, and yeast mixture.  Mix well; add the flour and stir with wooden spoon until soft and dough forms.  Spray large bowl with Pam.  Place dough in bowl, cover, and let rise for 2 hours.  Punch down and cover again; place in fridge for 3 hours or overnight.

Preheat oven to 350 F.

Remove from fridge; punch down and form into rolls (24) or into loaves (2).  Let rise until double.  Bake for 15-25 minutes for rolls, or until tests done - or bake 35 minutes for bread, or until tests done.

Makes 24 rolls or 2 loaves bread.

From the kitchen of Mary Pinson.