“Hey Lolly Loily” by Woody Guthrie. First recording and first release by Woody Guthrie, Blind Sonny Terry, Cisco Houston (April 25, 1944 / 1945). Woody is given credit for writing because he recorded it, but it was around for many years. Used as a group song, as a verse says, make up the 1st line and then write the one to rhyme. If y ou would like, just make up your own verse and keep singing.