He died within a short time of this letter in July , 1954 , and within two years of his death the musical `` My Fair Lady , '' which Pascal had managed to retain an option on by borrowing money from a Baba follower named Margaret Scott , opened on Broadway . He died within a short time of this letter in July , 1954 , and within two years of his death the musical My Fair Lady , which Pascal had managed to retain an option on by borrowing money from a Baba follower named Margaret Scott , opened on Broadway .