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HomeMy WebLinkAbout96-00400 Nil. .. 21 - 96 - 400 Esllllc III' ROBERT A STAIGER . neceased nEClmE OF PIWBATE ANn GHANT OF u:rnms MAY 16 g6 ANIl NO\\' _____._____,._-'-, .... H'_'H___ \9 __. ill ~llI"'deralionof Ihe pelilion nn (he feveT'C ,il.Jl' hCfl.'l1f, \Hli\fal.'tnry proof ha\'il1~ hccll pll"l'nlt:d before 1m:, IT IS IlE('I{EElllhal lhe imlntmenl(,) daled. ..QCTO.6.E..!L?J!. J974 de'~rihed Iherein he aumilled In prohale and filed nf .ewld '" Ihe \a\l will nf ROBERT A STAIGER and I.eller' ____~_EST1lMEIITARY - ---- me hereh)' grallled In _..~~~~AE!:_~ER~c:..O_.__ .__. I'} },. 11;~ - to W'i1 /2p.U' UJ /L'l._ /JJt, . U Rl'~hlcr ur Will\ MARY C, LEWIS FEES Prohale, Lelle", Elc. ",',',', $...12.,00_ Short Certificate,( ~"" s...l.~._Q.O__ I{k'~l~~~~~~on """""""., L_6-:-00- JCP -------.- S-5~OO- TOTAl. .__ s.-51,--O.o_ Filed", ,~~y, ,1,6!. ,1,996""""."""" XIH)f~M:Y (Slip. <:1. 1.1>. No.1 ,\llIlRISS 1'1I0:'-ri1 nn -0 _ :0 c: f,- :Jtt' ~ 0' r, ,~ " ,', <. $ ,. . <, -< i ~ 0 ( ~.::' ~ '.:'? &; S. ,j\.. i......1 ~-. ~., ~ - \D Mailed letters and order to Executor on 5-17-96. 21 - 96 - 400 00 .0 :0 c ~ :Olt' 3 CJ\ (!J (] r:- eo q ~.l ~ . ': I;, ., J, 5 - 0 -, ." (": .~. . p a .. r 0 '6) ~ :UL N )>;.1. \D 0\ 1;jif o(/) N .. c=- 0 ('") (l$ :a: " 0 It-' .0 C- O , :; - r.> ~I ,. r: C:. ~: ~ ','} o l'l 110_....... ." OU) l) Ulll ~ ~E 010:: 0:: f1' 08 ~ . ' t r.il :l Cl . H ~~~ r;1 ~ o < Ul CD r.. :a ~ :s 0 . !! < r:t: ~ . tl l';I", ~ I- a: r.il j 0: 0 III w~ ~ lD < 0 0: '- .. ~ " - . ,; ... ., 1liast 3\t\lill aub Qfcstalltcut STATE OF ALABAMA X . . ESCAMBIA COUNTY X I, ROBERT A. STAIGER, now residing in Escambia County, Alabama, being of sound mind and disposing memory, and not acting under any fraud, duress, or undue influence of any person, do hereby make, pub lish, and declare this to be my Last Will and Testament, hereby re- voking all prior wills by me made. ONE I direct that my Executrix, hereinafter named, pay all my just debts and funeral expenses as soon after my death as practicable, provided however, that any indebtedness which has not matured at the time of my death, or which is payable in future installments, may, at the option of my Executrix, be paid in accordance with the original tenor and terms thereof. TWO All my property, of every kind and nature and regardless of where situated, of which I may die seized or possessed, I give, de- vise and bequeath unto my wife, SUZANN S. STAIGER, to be hers abso- lutely. THREE In the event that my said wife should predecease me, or that we should die as a result of a common accident or disaster, I give, de- vise, and bequeath all of my said property in equal shares unto my children, Scott A. Staiger, Timothy A. Staiger, Robert M. staiger, and Jennifer A. Staiger, whose dates of birth are September 22, 1963, September 11, 1964, April 6, 1968, and February 11, 1974, respec- tively, and any other children hereafter born to or adopted by me. FOUR - I hereby nominate, constitute, and appoint my said wife, SUZANN S. STAIGER, to be the Executrix of this, my Last Will and Testament, and I expressly direct that no bond or other security be required of . ~ . her in any jurisdiction to secure the faithful performance of her duties as such Executrix, anu that she shall not be required to file any inventory, appraisal, accounting, final settlement, or other re- port to any court. I said wife predeceases me or otherwise fails In the event that my to qualify for this appointment, then and in such event, I nominate, constitute and appoint my brother-in-law, Michael A. Serluco of Camp Hill, Pennsylvania, to be the Executor hereof, and the Testamentary Guardian of the person and property of any minor bene- ficiaries hereof, with the same exemptions in each capacity as are herein accorded my saia wife as Executrix, and the provisions here- inafter expressed shall be applicable. FIVE If any portion of my estate shall become distributable to a minor, my Executor may retain the same for such minor during minority, applying such principal and the income therefrom to the support, maintenance, and education of such minor, either directly or by payments to the person or institution with whom such minor may reside, in any case without requiring any bond; anu the receipt of any such person or institution shall be a complete discharge to my Executor who shall not be bound to see to the application of any such payment. Any unapplied principal and income shall be paid over to such legatee upon his attaining majority, or, if he shall die be- fore attaining majority, to his estate. In holding any funds for any minor, my Executor shall have all the powers and discretion hereinafter conferred upon him. SIX For the purpose of converting my estate to cash to facilitate its distribution among my legatees and devisees, for reinvestment, or for any other purpose, I expressly authorize my Executor to sell any personal or real property at any time forming a part of my estate, for cash or upon such terms as he may deem best, without the order of any court; and for the purpose of implementing this power, I expressly direct that all instruments of conveyance of any part of ... " . my estate shall be executed by my Executor as such alone. SEVEN I expressly empower my Executor to invest any funds of my estate in any stocks, bonds, notes, or other securities or property, real or personal, and to do so without disclosing his fiduciary ca- pacity, and notwithstanding that such investments may not be of the character allowed to executors or trustees by statute or general rules of law, it being my intention to give the broadest investment powers and discretion to my Executor. IN WITNESS WHEREOF, I have hereunto set my hand and seal this :L?f/.. day of October, 1974. . (SEAL ROBERT A. The preceding instrument, consisting of this and two other type written pages, was, on the date thereof, signed and sealed in our presence by ROBERT A. STAIGER, who first declared the same to be his Last Will and Testament and requested us to become witnesses thereto wh~reu~n we, in his presence and in the presence of each other, sub i"rib~,o~~) ~h~;O " ,uoh witno"o" ~~r (~ ' now residing in Atmore, Alabama Q.,_ ,"M, .A,~\. ~~ , now residing in Atmore, Alabama 21 - 96 - 400 IU:GISTEH 010' WILLS OF COUNTY OATH 010' SUnSCIUlUNG WITNESS ---~._------- cudi~il (each) a subscribing witness lU Ihe will pre,enled herewith. (each) being duly qualified according to law, depose(s) and ,a)'(s) Ilml presenl and saw Ihe teslal , sign Ihe sallie and thaI signed as a witness at the requesl of leslat_ in h_ presence und (in Ihe presen~e uf eueh ulher) (in Ihe presence of the other subscribing witness(es)), Sworn to or (,ffirmed and sub,eribed before me this day uf tl)_ (Name) ( Address) Rt!):islf!r (Nume) (tlddress) REGISTER OF WILLS 01<' COUNTY OATH OF NON-SUBSCRIBING WITNESS IfuChAeA A. r eft )..UCfJ and Seon 1\. STI\IC-tlt . (each) a subscribcr hereto. (ea~h) being dul)' qualified according 10 law, deposc(s) and say(s) that THEY ARE familiar with the ,ignulure nf RORFRT A c;TA' r.FR IXOUI<<i1 will thaI THEY prescntcd herewith and X,JOOl<liK helie\'e, Ihe signalure on Ihe will is in lhe handwriting of teslal!1R- of l'dI*xX)fXXK.xX,j(J(~/lrXooy,~XXVllh'(:X*XXYDl lhe 10 Ihc besl of ROBERT A STAIGER THEIR knowledgc und bclief. Sworn 10 or uffirmed and sub,erihed hcfure melhis 10TH dayur' 1.........OA(Nume) /I Y , (,1'J. 96 " ~ ~ef-S<1UIl~ C. LE~~51-f-H_.1-.:;~tzJ J.ifJ~ Q, ~t~. i," ' I'. (Num!') SJ 1"1 G. \-r;~~ Q,J. ""e<.\"'~,'L5I,,,... Dr\. .... 110b'r- (tlddm,s) 'o~ "l~ ,~> '") "'[~ ~)..)~ <)01 roO: 0: '" <;'! S! a: " ....'" ";0- f', "' ',,; '-) Cl - ~ ~ ;1 . ~ (J .0 - E (l)::t GO coi.l..,..J"dEALTH 01' PENNSYLVANIA COUNTY 01' CUMBERLAND I J ss: boin'] duly i1\, ,l',~" In 'H', 1'.Rardin'] 10 low, depolel ond "Y' Ih..1 he I I" ,.: (" 01 Iha Ellolo 01 1/ " \ ,,' '\ f I, .,1, , ' ., ,,;( q ;'J. loto 01 _.11..1-,-J. "~>.:.lJ..!.~,,_6L~t~U.'" ~,,', ,,~, ..( ,Cumberlond County, Po.. deco.,od .nd Ihot Iho within II an invonlory mado by (--," , .' ,- ' Ihe 'aid' ,," ollh. enlire estale 01 ,aid decedenl, con,iIlin'] 01 alllhe personal pr;a " Iy and re.1 o,lole, excepl real e,lal. ouhido Iho Commonwealth 01 Penn'ylvanio, and Ihal Iha Ii']ure, oppo,ilo .rach t m 01 the Invenlory repre,enl ii', I.ir value as 01 tho dolo 01 decodonl', dealh. " ,-- I"~ '....,. ,- S,',,\.J(1 and ,ub,cribed belora me, ~i'-~\ 1\. c:,c.-\uc..o ElIcutor . Adminiltulot t:." -I,' L,.r ;), \ I' " [,'..,.' .' c-~ ' 19 I , 4~c') \\..kJr t'" <::-.0""-\' -:;Ir. ,~) ~J ,.' ') (. " , /\ "J . ...\,..'.'/.....1t L I Wor",^\'( ~ur'7 ~ tJV\- ClOLl ~ Add,." j \0,'\6 Dale of Oealh A f'vIv... y Month Yu, Ooy INSTRUCTIONS I. An invenlory mu,t ba filed within Ihroe month, after appointmenl of person.1 ropralentative. 2. A ,upploment inventory mu,1 bo filed within Ihirty day' of di,covery of .dditional ."eh. 3. Addilional ,hoo" may bo attached as 10 persoOdlty or realty 4. See Articlo IV, Fiduciarie, Act of 1949. I.. .. .J 1: -0 >- ~ 0 I- UJ I/l ~ ~ '" l- e ~ UJ ..( ~ g ,[ 0. I- , U G 0 g 0 UJ VI .P 0 '" ... \ '" UJ ~ 0 l- X 0. ... ;; 0. C " I- ..J LL <J ~ ~ Z ..( 0 0 ;~: LL ..J A " 0. ~ I W 0 ..( UJ l' ..( '" ;i >- - > Z C ~t, Z 0 0 ..J . VI z t '" 0 0 '" U z I UJ ..( ~ - 0. " ." C --'I - ~ \ J 0 g oJ> ." ... g E ~ 0 - . 0 II ~ u u: ex> ..J - ,,' .- -. (~too-33& -3D!? crCW tuu ~ ~/)/3r, .~ , . , ' , , ' :. , ' . . l, _ ' " ( , , ~~ -'-.-~..JlcI.~ . _ _ l1'lr .,. ~_.:;;-a &. - ..... _&_--~..- --..' AUG-29-9Co TIIU 9157 D D COI.I.t:CTIOIIO 717237Co201 r.02 D Dauphin Deooslt Bank and Trust company MtU&!R 'EDEI\AL D(,.05IT IN'UftAtolC' CO"'O"A,110N July 3, 1996 CO~MUNITY BANKING LOAN CENTeR 3807 D'RAY RTREiT HAnn'SOURG, PENNSYLVANIA 17111 The Estate of Robert A. Staiger ';;/-'114 - l/()O Cumberland county Regieter of Wille courthouse 1, Courthouse Square Carlisle, PA 17013 RE: Credit Card # 4301-7239-0500-0423 Dear Sir/Madam: The purpose of this letter is to advise you of the deceased's outstanding obligation with Dauphin Deposit Bank and Trust Company. The balance of this loan as of July 3, 1996 is $7063.67. please utilize this letter as our claim against the estate in the event of settlement, If you have allY questions, please feel free to contact me at (800)336-3049, extension 4467. FMD/sac '0$ .~,i:~ :J:.. ',:. ~ ,", ,', ~.) . c: ~'~ a:Cl: '" tn ," n. PA.101 ~ ~ jCerelY, -.......' a ~ /YlU~ Fe ita M. Daniels collection Supervisor 1::<( ;II\. 8.' ,. ':.3 .:' 'J ~ '., ~'~ 00 005415-00007l11,17,981EGMiDLMil16364,l IN IU:: ESTATE OF IumEIrJ' A, STAIGEI~, LATE OF UPPER ALLEN TOWNSIIII', CUl\IIIERLANU COIINTY,I'ENNSYL\'ANIA IN TilE COllin OF COMMON PLEAS OF CIIl\IIIEIU,ANU COIINTY, I'ENNSYL VANIA OIU'IIANS' COURT I>IVISION ESTAn: NO, 21%-00~00 PETITION FOR UECREE D1HECTlNG CLE~K OF ORPIIANS' COURT TO EXECUTE DEE TO TilE HONORABLE, TilE ,HlUGES OF SAIl> COIIRT: AND NOW COMES MICIIAEL A. SERLUCO Ihrough his attorneys, Johnson, Duffie, Stewart & Weidner, and respectfully represents as follows: L Petitioner is Michael A. Serlueo, an adult individual wilh an office address with 400 North Front Street, Wonnleysburg, Pennsylvania 17043, 2. Petitioner is Exceulor of Ihe Will of Robert A. Staiger, pursuant to Gmnt of Letters Testamentary by the Register of Wills on May 16, 1996, 3, On Oelober 20, 1988 Petitioner and Ihe Decedent, as tenants in common, financed the purchase of real estate known as 2103 Old Hollow Road. Meehanicsburg, Pennsylvania. 4, In August, 1995, prior to his death, Decedent agreed to convey his undivided one-half interest in thc rcal estatc to PClitioner in exchangc for Pelitioncr's payment of Dcccdent's portion of debt related to thc real cstatc which Dcecdent was unablc to pay and failed to pay and Pc(itioncr's agrcemcntto assumc all of thl' rcal estatc rclatcd dcbt and cxpcnses. 5. Pursuant 10 thc agreement, Pelilioner and Decedent e.xeeutcd a deed, which is attaehcd hcrcto as Exhibit "A", to convey Decedcnt's onc-half interest to Petilioncr, but the dccd was nol datcd, aeknowlcdgcd or rccordcd bceause of qucstions about rcalty tmnslcr lax. - . 005415.00007/1 1 ,17,961EGM/DlM/l 16364,1 6. Petitioner has, since August, 1995, serviced the real eslate debt and paid the expenses in accord with the agreement with Decedcnt. 7. Petitiuner is entitled to a dced, properly cxecllled, acknowledged and delivcred, suflicient for recording, to confirm the conveyance of Deeedcnt's llne.halfinterest tllPetitioner. 8. Decedcnt's childrcn, Seoll A. Staiger, Timothy A. Staigcr, Robert M. Staigcr and Jcnnifcr A. Staigcr arc thc only rcsiduary bencficiaries of the Decedent's Will, arc all sui juris, arc awarc of thc facts and circumstanccs regarding thcir fathcr's conveyance in August, 1995, amI by Consent ami Joindcr allachcd hcrcto as Exhibit "13" signify their joindcr in this Petition and eonscntto thc rclief requcsted herein. 9. Petitioncr avcrs that Scctions 3356 and 3390 of the Probatc, Estatcs and Fiduciarics Codc rcquirc that thc dccd to confirm the conveyancc of Decedent's one-halfintercst be executed by the Clerk ofthc Orphans' Court, and not by Pctitioncr, sincc execution of thc dccd by Petitioner to convcy Dcccdent' s intcrest to himself would on its face appcar to be an act of self-dealing and othcrwisc impropcr, A draft of thc proposed deed is atlachcd hercto as Exhibit "cn, ",IIEREFORE. your Petitioncr respcctfully prays that your Honorablc Court cntcr a Dccrcc dirccting that the Clcrk of the Orphans' Court cxccutc, acknowlcdge and delivcr to pctitioncr a dccd in thc form auached to this Petition to confion thc convcyance of Dccedent's one-half interest in said rcal estatc to petitioner. Respcctfully Submitled, JOIINSON, DUFFIE, STEW ART & WEIDNER By: ft."w..A )o~ r.{,.~ Edmund G. Mycrs Atlomcy LD. No. 20558 301 Market Strect 1'.0. Box 1()9 Lemoyne,PA 17043-0109 Telcphone (717) 761-4540 2 005415-00007/1 1 .17,961EG~VDLMl1 16304,1 YERIFICATION 1.IIt1chncI A, Scrluco, do vcrily thatlhe statements made in thc fl1rcgoingl'etition arc truc and correct to thc bcst ofrny knowlcdgc. information and helieI'. I understand that false statemcnts made hcrein arc subject to thc pcnaltics of 18 Pa.e.S. ~ 4904 rclatingto unsworn falsification to al lOrities. Datcd: }JO.J(~~ 17, (t;<;K 3 Exhibit A JRD/Nowmhcr 27, 1991/11994 TRACT NO. 2: lIEGINNING al a Ihlilllnmtc.! h) ,I '1,'~C .11 Ntllllh',I\t ~tllIlCIIII othcr I:m" of lhc grantccs hcreill, heillg al"l ill Ihc lill.' tll l.\IId 1It111 ," I,M III MilK Associatcs; thcncc cxtelldillg alllllg Ihc lillc III' ,;1111 1.11111 1111\\ III 101111I.'(\) III ~IIIK Associatcs, North 22dcgrce, 32 millOIC' Wc,I, lt2,7h rccl tll a Ih,illl illthc Icgallitlht, of-way linc of U.S, Route 15 (1..lt 123); thClh:C C\I.'llIhllg ;IIo'"g ',Ihl kgalllght'lIr, way of U.S. Routc 15 (L.R. 123), South 39 .Icglcc, 201l111l1l1l" \\'l"1. 17K,~2 rcd hi a point ill thc line of othcr land or the grantcc' hCleill, ;lh'ICIII"lItlllll<'ll; llll'lI':c eXlcnding alung the lille of said othcr \;\IId III' thc I:rallll'e, 1"'1.'111, t-\"llh ~') 1I,'gll'cs 4,\ minutes Easl, 158,85 feel to a stake ill thc lillc of 1,11111 IIt11\' III 1lIlIlIell) III MilK Associates, tirsl ahow mentiolled, at lhc p"int alhl pla.:c III IIE(;I:"\:"\II\(;, TRACT NO. I ANI> TltACT !'iO. 2 IIEING TilE S,\ME I'I(E~IISES "hkh I., Rohcrt Thornton ami Lillda 1\1. Thlll'lllllll. IUI,haml a'lIl " irc. h) thcil 0.,.'11, .Iatcd OClUhcr 20, 1988, rccordcd ill lhc Oflice III' the Ilc':1I1dcl lit lJe.'.!' III l'lIl11hcllallll Cuunly in Dcedl3uok Q, Vululllc 33. Page 20M, "I:lllh..1 allll CtlIlIC).',IIIIIIU Mkhad A. Scrluw alld Ruhert A. Staigcr. as tCllalll' ill CU'"IllUII. 11111 ,1\ jllint ICIWII, IIilh lhc right uf survivorship, GraUlurs hcreill. An"lhe said Gr:llltors hcrehy cuvellant ami aglw thaI Ih.')' \I ill 11;11 ralll 'I'l'ciall) lhc propcrty hcrehy conveycd. IN WITNESS WIIEREOF, Ihe said Gralllur, havc herculIlII ,cllhell 1<;lIhl, 011111 'COIl IIl1thc day :md year tirst ahove wrillen. WITNESS: (SEAL) WITNESS: i .I, I . ., . .(~z'lf. (/'}'7" Illlhcll ,\ ~1.lil"'1 ,~ (SEAl.) exhibit B ~" ".'1'" .,', ""..' ."''"'' G> .., ,,,,,,,,.,,..,., '."".."..@ Exhibit c 004280.00001l11,17,981EOM/DLM/l10592,1 mmn THIS DEED, madc this (199 ) day of in the year of our Lord one thousand ninc hundred nincty- BETWEEN MARY C. LEWIS, C1crk of thc Orphans' Court Division of thc Court of Common Cumberland County, acting pursuant to Dccrce of the Orphans' Court datcd MICHAEL A. SERLUCO, PIcas of and Grantors AND MICHAEL A. SERLUCO, a singlc pcrson, of Lemoyne, Pennsylvania, Grantee W!TN ESS ETH: WHEREAS, Robert A. Staiger, the owner of an undivided one-half interest as tenant in common with Michael A. Serluco of the real estate described hereal1er, died on May 16, 1996; WHEREAS, Michael A. Serluco was appointcd Exccutor of the Decedent's Will by the Register of Wills; WHEREAS, prior to his death, thc Decedcnt exccutcd a deed convcying his one-half intcrest in the rcal estatc dcscribed hereal1er, which deed was not acknowlcdged, datcd or rccordcd; WHEREAS, Pursuant to Petition of Michacl A. Scrluco, Exccutor ofthc Will of Robcrt A. Staigcr,thc Orphans' Court cntcrcd a Dccrcc datcd ,1998 Directing thc Clerk ofthc Orphans' Court to cxccute a dccd to con linn thc convcyance of Dccedcnt's onc-half intcrest in the rcal cstatc to Michael A. Scrluco; \ NOh' 7'/1/:'REFORI:', in eonsideratioll of the slon of Onc ($1.00) Ilollur, III hand paid, reeeipl whercof is hereby acknowledged, the said Grantors do hereby grant and convey un(othe said (jranlee: AU. TIIOSE CERTAIN tracts or parcels of land situate in Upper Allen Township, Cumbcrland ('ounIY, Pennsylvania, bcing more particularly bounded and described as follows: TRACT NO I: IIEGINNING at a point in the center of the public road at comer of land of Zimmennan: thence North 55 degrees 15 minutes East along said Zimmerman land 57.75 fect to a stake; thence North 63 degrees 30 minutes East by the same, 245.45 feel to other land of Zimmcrman; thcnee Soulh 20 degrees East by other land ofZimmennan46H,I2 fect to an iron pin at land of Wesley W. Kaullinan; thence by said Kaullinan land, South 72 degrees 38 minutes West 146.58 leetto a poinl; thence North 20 degrees 45 minutcs West 168.65 leet to a stake; thence South 33 dcgrees West 59.4 feel to Ihe center of the aflJresaid public road; Ihence North 40 degrees West along the center of said public road 303.6 leet to the place of IlEGINNING. HAVING thereon erected a two and lme.half story Irame dwelling house and necessary outbuildings known as 2103 Old Hollow Road, Meehaniesburg. TRACT NO, 2: IlEGINNING al a point marked by a stake at Northeast comer of olher land of the grantees herein, being also in the line of land now or late of MRK Associates; thence extending along the line of said land now or fornlerly of MRK Associates, North 22 degrees 32 minutes West, 62.76 feet to a point in the legal right-of-way line of U.S. Route 15 (L.R. 123); thence extcnding along said legal right-of-way of U,S. Roule 15 (LIt 123), South 39 degrees 20 minutes West, 178.52 fectto a point in the line of olhcr land of thc grantees herein, aforementioned: thcnee ex (ending along the line of said other land of the grantees herein. North 59 degrees 43 minutes East, 158.85 fcct to a stake in the linc of land now or fonncrly of MRK Assoeiates, first above mentioned, at the point and place of BEGINNING. TRACT NO. I AND TRACT NO.2 IlEING TilE SAME PREMISES which 1.. Robert Thornton and Linda M. Thornton, husband and wile, by their Deed, dated Octobcr 20, 1988, recorded in thc Office of the Recorder of Deeds of Cumberland County in Deed Book Q, Volume 33, Pagc 208, granted and conveyed unto Michael A. Serluco and Robert A. Staiger, as tenants in common, not as joint tenants with the righl of survivorship, Grantors herein. UNDER AND SIJll,JECT. NEVERTIIELESS, to conditions, casements, restrictions and mailers of prior record and any matters which a physical inspection or survey of the property would diselosc. And the said Michael A. Serluco hercby covenants and agrees thaI he will warrant specially the property hcrcby conveycd. IN WITNESS WHEREOF, the said Grantors have hereunto set their hands and seal on the day and year first abovc written. 2 I hcrcby ccrtify that the prccisc address of the GrJntee is: Allomey for Gmntcc COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND : ss. RECORDED on this officc ofthc said County in Dccd Book _' Pagc day of , A,D" 1995, in thc Rccordcr's Givcn undcr my hand and scal of thc said office, thc datc above wrillcn. , Rccordcr 4 NOll' TH/:'R/:'FOR/:', in consideralion of the sum of One ($1.00) Ilullnr, in hand paid, rcceipt whercof is hercby acknowledged, the said Grantors do hcreby grunt and convey unto the said Gruntee: ALL THOSE CERTAIN tracls or parccls nf land situate in Upper Allen Township, Cumberland County, Pennsylvania, being morc particularly bounded and described as follows: TltACT NO 1: BEGINNING at a point in :he centcr of the public road at corncr of land of Zimmcmlan; Ihcnce North 55 degrccs 15 minutes East along said Zimmcnnan land 57.75 fcct to a stakc; thcncc North 63 dcgrccs 30 minutcs East by Ihe same, 245.45 feet 10 other land of Zimmcnnan; thcncc South 20 degrces East by othcr land ofZimmennan 468.12 feet to an iron pin at land ofWeslcy W. Kauffman; thcncc by said KaulTman land, South 72 dcgrccs 38 minutcs Wcst 146.58 fcct 10 a point; thcncc North 20 dcgrccs 45 minutcs Wcst 168.65 fcCllo a stakc; thcnce Soulh 33 dcgrccs Wcst 59.4 fcctlo thc ccntcr of thc aforcsaid public road; thcncc North 40 dcgrces Wcst along thc ccntcr of said public road 303.6 feci to thc placc of IlEGINNING. IIA VING Ihcrcon crcctcd a two and one-half story framc dwclling house and ncccssary outbuildings known as 2103 Old Hollow Road, Mcchanicsburg. TRACT NO.2: BEGINNING at a point markcd by a stakc at Northcasl corncr of othcr land of thc grantees hcrcin, bcing also in thc Iinc of land now or latc ofMRK Associatcs; thcnce cxtending along thc linc of said land now or fonncrly of MRK Associatcs, North 22 dcgrccs 32 minutcs WCSI, 62,76 fcctto a point in thc Icgal right-of-way Iinc of U.S. Routc 15 (L.R. 123); thcncc cxtcnding along said Icgal right-of-way of U.S. Routc 15 (L.R. 123), South 39 dcgrccs 20 minutcs West, 178.52 fcet to a point in the line of othcr land of the grantees hercin, aforcmcntioned; thcncc extcnding along thc linc of said othcr land ofthc grantccs hcrcin, North 59 dcgrccs 43 minutcs East, 158.85 feet to a stakc in Ihc linc of land now or fonncrly of MRK Associatcs, first above mcntioncd, at thc point and place of BEGINNING. TRACT NO. I AND TRACT NO.2 BEING THE SAME PREMISES which L. Robcrt Thornton and Linda M. Thornton, husband and wife, by thcir Dccd, dated OClobcr 20, 1988, rccordcd in thc Officc of thc Rccordcr of Dccds of Cumbcrland County in Decd Book Q, Volumc 33, Page 208, grantcd and convcycd unto Michacl A. Scrluco and Robcrt A. Staigcr, as Icnants in common, not as jointtcnanls wilh thc righl of survivorship, Grantors hercin. UNDER AND SUBJECT, NEVERTHELESS, to conditions, casements, reslrictions and mattcrs of prior rccord and any matters which a physical inspcction or survcy of the property would disclosc, And thc said Michacl A. Scrluco hcrcby covenants and agrccs that hc will warrant spccially thc propcrty hcrcby conveyed, IN WITNESS WHEREOF, thc said Grantors ha\'c hcrcunto sctthcir hands and seal on thc day and ycar first abovc writtcn. 2 WITNESS: RItLLH glb9~o ) .I,' \, , . I , ( __ < '{..! _ (SEAL) Mary C, ,ewis" erk of the Orphans' Court Division of the 'ourt of Common Pleas of Cumberland County on behalf of Michael A. Serluco, Executor of thc Will of Robert A. Staiger, deceased WITNESS: (SEAL) Michael A. Serluco COMMONWEALTH OF PENNSYLVANIA : ss. COUNTY OF CUMBERLAND On this, the _ day of , 1999, before me, a notary public, the undersigned officer, personally appeared MICHAEL A. SERLUCO, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that he exccuted thc same for the purposes therein contained. IN WITNESS WHEREOF, I have hereunto set my hand official seaL Notary Public My commission expires: (SEAL) COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND : ss. On this, the _ day of . 1999 before me, a notary public, the undersigned officer, personally appeared Mary C. Lcwis known to me (or satisfactorily proven) to be the Clerk of the Orphans' Court Division of the Court of Common Pleas of Cumberland County, whose name is subscribed to the within instrumcnt, and acknowlcdgcd that shc cxccutcd thc samc pursuant to a Decrce of thc Orphans' Court division of thc Court datcd , 1998 for thc purposcs thcrcin containcd, IN WITNESS WHEREOF, I havc hcrcunto sct my hand official scaL Notary Public My commission cxpircs: (SEAL) 3 . ~'4-. I hcrcby ccrtify thatthc prccisc addrcss ofthc Grantcc is: 400 North Front Strcct Wormlcysburg,l'cnnsylvania 17043 Allomcy for Grantcc COMMONWEALTH OF PENNSYLVANIA : 55. COUNTY OF CUMBERLAND RECORDED on this office ofthc said County in Dccd Book -' Pagc day of . A,D" 1999, in thc Rccordcr's Givcn under my hand nnd seal of thc said office, thc date above wrillen. . Rccordcr 4 lW46U 2000 I- 2 w C w U w C I . __ j REV-1500 I ""'"'' Oil """ COM"O"\\[AlIlI or ~"lPImV^,M INHERITANCE TAX RETURN "" NUM"", 0'"""11." '" or II!Vl/M ), I I tj L, I C 'l/ ex.) ".,,,,,,,,,:~,';r ~~o~~"211000' , RES'-DE~l:. DECEQ!=_NI_ .__ ~~'!!!lY_COC~_ _--,r~~_L-----"'~~I~__ rr.[CWFS~'MMFr['-'!lF"m!iF'-Jm .'l.r"ooCi IfJhl!.1f,,~-=' Lr.llli~LI,ii:r-r')lt:jIij.ife\\liiI" --- ____n_________ Gtniger, Robert A. sooAiSt1:ufITiY-tNMlIlll ---UAlltmiift'-- --TJAir1j-UITITII-- 18~- 30.661 7 J 05/02/96 j 05/07/38 --1!mPlTt.\TmTsmIVWiijlrIJium,T:S~J^k~li[^~1 .TlflsD.m5-..oc;T^i-sTtl)IUIYt~lJrI.Gni -- .IOOt!; ItJflIAlI J f,tV!ttoOI.'fl091Illl _J TillS nlTunN MUST III rll[O IN DUPllCArc Wlnt Tlt[ REGISTER OF WILLS x OruJ,nAI flelwn '2 'jUllp!"rIlotlll.al Rllhm J RernUldt:' llelulIl Id". 1;1 dU111 I"'" 10 11.13 111 4 ll!llllt:d [sllll. .h rUll'!. InltHell Compom'le 1<l~I." dio.!l1 ...,,., 1~.1; e2J S hdelo1l hlale Ta.. Ilelu," R"qUlled 1 D~cerJelll M.1Ifl:u1l'd . LI~mg Tnnl IAlI,.h un 1.1 Tl~\l) .Q4 8 Tol.l1 rJumbet 01 Salo DepOS.1 ooxes o Dc,edenl D.ed Telloll1 jA"'fh ""'P' .,1 W.l1 !} llllQ.lion Pu~cetlh flecei.'ed 10 Spount Povelty Cled,IId'I. oldUlllhl......'ll)I,.,"4 1-1 ~~I 11. [lec'ltm to la. under Sec. 911J{AI "'''lftl htlOI .. ffi o z f i:1 " " o u THIS SECTION MUST DE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD DE DIRECTED TO: 11A17.[ COMPLUE MAILING ADDRESS l1ichael A. Serluco "([11M '''''ME (II Applicablel 400 llorth Front l'iormlynburg, PA Street 17043 'II/A mr~ ,u , 17171761-3558 1. Real ESI.lIo lSchedule ~) I (1) omCIAl U!;E OUl. y 2. Slocks and oonds {Schedulo 81 121 o o 3. ClosolV Uehl COIIlOtollion. P,lIlMlShip vt Sole'PlOp/ielolShiJl 13} o o 2 o ~ ::J l:: ll. <l: U w a: 4 MOIIg3g0S & tloles Rccci"'o1ble (Schedule 0) 5 C.nh. Bank Oeposils & Mi$Cflll3neous P,..,soll.d F,ope/ly (Schedule E) 6, Jointlv Owned PIOIlClly (Schedule F) 7, Inlof,VI.os T,.1nsfc, & Mistcll.:mcous Non.Ptobo1lo PIOPI:!!IV (Schedulo G 0' II 8. Tolal Gross Anal_llol",1 lines 1.7) 18} (~l 151 16) 2,847 o 111 2, 3.J 9 9. Funetal E.penses & AdminisllollivQ CoslS ISthcdulo HI 191 6,5~9 10. Debts 01 Decedent. MOlt[J.l[JQ lidbllities. t. liens (Schedule I) (10) 7,269 11, Tolnl Doducllons (101.11 lines 9 & 101 1111 1121 13,868 -8,G72 12. Nol Vnluo of Eslnla (lino 8 minus Lino I1J 13. CIWil.1ble i1nd (iovemmenroll BequoslS/Scc 9113 Trusls fa, which 8n eleclian 10 tolX has nal been made {Schedule J) (13) 14. Nol Valuo Suhjacllo Tu (line 12 Mlinus line 131 (14) -8,672 z o >= ~;:! '-':> .. ;:; o u 15. Amot/nl of line 14 Idx.tble .11 the SllouslIl tax folfe See inslllIclions un 10VOIse side ~or.:J tlant.,-,,1Htrnr.l!J1! 16 Amount 01 line 14 follllble al G~, 1.110 17, Amaunl of lino 14 t;rxoIhlll 011 151~ lolle .15 (15) 00 (10) 1171 1181 18. Tax Duo 19, K HEnE IF YOU ARE REOUEST'NG A REFUND OF All OVEnPAYMENT > > DE SURE TO ANSWER ALL OUESTIONS ON REVERSE SIDE AND RECHECK MATH < < Uff. 1:IC 110 t loll .....e I!umlnl! III' relurn. m,;", 'l'Ig llceomp.anrlng .e Ie u III o1n staTements. an 10 lIe en 0 my no\\' e ge .n plep othel th.n Ihe peuanal lepU!Ienl.all....e I' b.ased on .11 inlorm.ltion of whIch pfeparef /1.as .nr lno"'edge, ADDRESS 400 Non 1 Front Street l'iormlysburg, PA 170-13 ADDRESS H O~ Car In c Pl e Camp Hill, PA 17011 Ie. Ills tfUO. COlleel In OAT /0/ ~3/G 'is' Docodont's COfllllloto Addross: 5TnHT ^ODI'\[~S . 2103 Old 1101101' !load -CITY fo1echanicuuurg, --pmr-----pIP IPA . 117055 Tax PlIyrnonts and Crodits: 1. To1l!: Out) (P.100 1 Lino 18) 2. CIC{htS/P.'\VI11CII15 A. SpOllS;)' Poverty Cmdll III 0.00 B Puor Payments C Discount ToI.,1 Crefl.ls (A . IJ . CI 12) 0.00 3 Interest/PellallV if applicablo O. Inlcresl E. PflllallV Tolal Inlcrusl/Pc/lLllly (0'" E) (3) 4. II line 2 is urcalcr 1hiln line 1 ... line 3. enter tho tl1lfcrcncc. This is tho OVERPAYMENT. Check box on Pogo 1 Lino 19 to request 0 rofund (t1) 0.00 0.00 S. If lmo 1 t line 3 is (},caICr than line 2. enter lho differenco. This is tho TAX DUE. 0,00 15) A Enter Iho interost on tho lax duo. 0.00 (SA) IJ, Enl'" Iho 10101 01 Lino 5 + SA, This is Ihe BALANCE DUE. 15B) 0,00 Make Check Payable (0: REGISTER OF WillS. AGENT '_.-~: '" ..'. . .-;~:~~:.;~:.~r;~l ?::S'l~::::~~:' 2~~..;:~31:':.~~': SlL:~~';~:':'~_.. ~ '" :..' ";._:~'.' -', i': :~~:.~'\~1:;{~ '~~?P:~~::~..~rL:}:;:'?:~.:.:!:/r::. .il~~'(I~~~;~il PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN X IN THE APPROPRIATE BlOCl(S 1. Did decedent ll1ako a transfer and: a, retain the uso or income of the property uansfcrred; ................ h, retain Iho right to designale who shall use tho property transfclled or ils income; c. fCtain a rcversion"HY interest; or .......................... d. rccoivo the promise for life 01 either payments. benehts or care? ......... 2. II dC.lth occurretJ on or beforo DecemlJer 12. 1982. did decedent within two yoms IHcccdlno death transfer proJlerty without receiving adequate consideration? If dnath occlIlled alter DccellllJcI 12, 1982, did decedent transfer properly within 0110 year of death witholJl receiving ildequato consideration? .......................... 3 Did decedent own lln -in trusl for. or payable lIpon death bank ilccount or sccurily at his or her death? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. Did decodent OWI1 an individual retirement account. OJnnuity. or olher non.probate property? IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN Yos No X X' ,X: L___ ~. 'X' " X ..X x' , _ .. _ ,-' .~: .~~~:':'\ ;'I:~.:;';:~:~;I'0:~-;:::{D~~~;~':;ft-:ff ..i;r:rilCJ E::ti.t;~~~':, ~~.:,.~~: .'."_7~',:~ :::"~:" ~~Y:.:.~\~YI~~~'j: ~I~'.:~/~~:~~~~~~'~:~~~. :::~:~'.~,:k~;:j}~~~Ji.H 72 P,S. ~911 G 1,1) (1,1) (II provided for tho reduction 01 11m lax rale imposed on Iho not value of transfers to or for the use of tho surviving spouse frorn 6% to 3% lor dates of dealh on or after July 1. 1994 and before Jill1UJry 1. 1995, 72 P$ 99116 (011 (1.1) (ill provided for 1110 reduction of Ihe rate imposed on the net value of transfers to or (or 1he use of lhe surviving SIJOuse from 3~; to O~" for dates of death on or aller Janu,uy 1, 1995. The statute docs 1I0t exempt n transfer to a surviving SPOUSO from ta'(. and tho s1<Ilutory requirements for disclosure of assets and filing a tall relurn Jro stili applicable even if tho surviving spouse is tho only bencflciary. FOR DATES OF DEATH ON OR AFTER JANUARY 1,1995. Ple.,e answer Ihe lollowino question bV pl,,;no on 'x' in Ih. appropriale sp..cc. Did tho decedent craato n trust or similar arrangoment which Is solely for tho surviving spouse's benefit for his or her entiro lifetlmo? Yes No :_~j If you answered yes to 1he nbovo question. the tax on the trust or similar arrangemenl is postponed unlil tho death of tho second spouse. nl which timo it will be fully taxable at the ratels) applicable to the remainder beneflclary(ies). Enter the value of the trust on Schedule J. Part II. in order to remove it Itom the calculalion of tho tax duo in Ihis eslalo. You I1lJy wish to file Schedule 0 in order to make the election available under Section 9113. If the election is made. the trus1 or similar arrangement is tailed in the estate of tho first decedent spouso. the portion of the trust or similar arrangement which benehts the surviving spouse is taxed at the lero tax rnte. and lho remainder is taxed at 1he rate(sl applicable to the remoJinder bel1eficiar~'{ies). If you choose 10 make tho election. you muSl atloJch Schedulo 0 to a timelv.filed tilX return. olano \\'Ith Schedule\s) K and/or M in order to show the apportionment of the trust or sinlllilr arrangement between tho surviving spouse and the remainder benelici..rYlies). lWU'''HOO f1l\' ,f(~ Iii 'lltll CQMMmN.'r.Al Tll or rt W~S'11 VA'M IWI[tlltANCL lAX fl[lUllt~ fll51[)lrH Il[CIO[Nl SCHEDULE C-' CLOSELY-HELD CORPORATE STOCI< INFORMATION REPORT 'ESTATE 01' FILE NUMBER Robert A. Staiger 21 9G 0.100 1. N,ll1llt 01 Corpur.llion \'lcot Shore Taxi Company, Inc, Add",ss 2103 Old Hollow Road 51.1ltJ or Incolpora1ion PA O.lltl 01 IncorporJtion 03/27/G8 CIty 11echanicoburg 5..10 PA ZIIJ Codo 17055 Tol.,1 Number of Sh:ucholdcrs 2 2. FedNal Employer 10. Number 23-1'10957'1 DU!.llless Reporting Year 1/1 to 12/31 3. Typo 01 Business Service Product/Servico Tranoportation of Packages and paoocngers .1 STOCK TYPE TOTAL NUMBER OF NUMBER OF SIIARES VALUE OF THE Voting/Non,YolinO SHARES OUTSTANDING PAR VALUE OWNED BY TIlE DECEDENT DECEDENT'S STOCK Common Voting 20,000 1 10,000 S 0 PlCfcrred S Provide all fights and restrictions pertaining to each c1<lSS of slock. 5, Was tho decedent employed by the Corporation? II yus. Position pre13idcnt x Yo, No Annual Salary S None Timo Devo1ed 10 Businoss 100\ 6. WilS tho Corporation indebled to Iho decedent? x Yes No If yes. provide amount of indebtedness S 150,000 7. Was Ihete lile insurance payable 10 Iho corporalion upon tho death 01 tho deecdonl? x Yo, No It yes. Cllsh Sutlcndcr Yaluo S N/ A Net proceeds p,'yablu S 100,000 Owner of till! policy Nest Shore Taxi Company, Inc. 8 Old Ihl) dor.cdcnt sell or lIanslel sloek 01 this company wilhin Yes X No II yes. Transfer Translmco or Purr-h.1Ser f~ltJch {l SelJar.,to sheel lor addilional !taRslelS antf/or sales. ono year prior to dcalh or wilhin Iwo years lItho dalo of deadl was plior 10 12.31.821 Salo NUl11her of Shares Consideration S Dalo 9. W.1S thero a \\'rillen shareholder's agreement in effect <1t tho timo of Ihe decedcnt's dcath? Yes X No If yes. previd!] a copy of tho agreement. 10. Was Iho decedent's stock sold? 1-; Yes X. No If yes. provide a copy 01 thu ngreel1lent 01 sale, etc. 11. Was the corporation dissolved or liquidated lIlter tho dn.cedent's death? Yes X No It yes. provide a bre.,kdown of dislllbulions leceived by tho estato, including dales and amounts received. 12. Did Ihe corporation have an inlerest in olher corporations or partnerships? x Yes No If yos, report Iho necessary information on a separale sheel. includino a Schedule C.1 or C.2 for each inlerest. THE FOLLOWING INFORMATION MUST BE SUBMITTED WITH THIS SCHEDULE A. Detailed c..leulalions used in tho valualion 01 the decedent's slack. B. Complelo copies ollinancial slalemenls 01 Federal COlporalo IncomoTa~ relmns {Form 11201 lor Iho vear of death and 4 pfeccding YCilrs, C. IIlho cOfporalion owned toal estalo. submit II lisl showing the complele address/es "nd estimaled fair m:lIl:c1 v"lue/s. II real eslato opprnisllls have been secllled. allach copies. D. li'it of IllinCillal sloekholders .11 Ih., dato 01 dealh, numbel of shales held and theit rl!lationship 10 Ihe decedent E. list of olficclS. Ihoir salatin, bonuses llnd any olhor bone,.ls received hem lho corporal ion. F. Slalement of dividends paid each year, tin Ihose declared llnd unpaid. G. Anv olhor inlormitlion rcl.llinQ 10 Iho valualion 01 the decedent's slock. 1W~6911 000 Eslato of Robort A, Slaigol Valuation of Wost Shoro TaXI Tho company has boon valood al zoro, Tho valualion Is basod on bolh dolicilS in cash flow and Iho oxcoss of liabihlios OVOI slockholdo(s oquily, Reviow of oporations ond tax roturns show lhat conlinual inlusions of cap'lal, illlho 10lms 01 loans from bolh shaloholdols was roqullod 10 koop Iho company solvonl on a day to day basis, Additionally, OVOII givon tho facl procoods flom lilo insuranco oliminatod debl owod to financial institutions, Ihe surviving sharoholdol was lequired 10 loan tunds 10 tho corporation to provido oporaling cash flow. Lassos lor tho company alo as follows: 1996 (Voar of dealh) 1995 1994 1993 1992 1991 and plevious (6,522) (6,696) (1,244) (27,546) (47.653) (347,743) For Iho years 1994.1996,lho10 was no salary paid to the docedonl lor his offorts, With the dealh of the sharoholder, an oporations managol was roqullod 10 bo hllod. furthol incroaslng operating cosls, If Ihe assets of Ihe company wore reslated at fair markol value at the timo of Iho shaleholde(s dealh, il would show the following: The company ownod the following assols al the timo of tho sharoholde(s doath, Threo cabs wilh an averago mlloago of 250.000 miles each originally pUlchased for approximaloly S2,500 usod, Thore value was estimatod al a scrap value of S500 each 1,500 Radios and Anlennae, mosl radios wero in oxcoss of 5 yoals old. Iho company owned Thleo lor the cabs, and a baso station, Tho valuo was ostimated al 50% of replacomenl cosls. 2,500 Subsidiary Corporation _ Consotidated Mechanicals - Has no assols and has not been in operation slnco 1992. It was only kepI opon as a company 10 provido payroll sorvicos to Wesl Shale Taxi, as its Unemploymenl and Workman's Compensalion rates alo beltel Ihan Ihoso of Wosl Shore TaxI. The only remaining assets is the operating franchise fOI Iho corporation, This asset can be obtalnod relativoly cheaply by a pOison wishing 10 go Into Iho Taxi Buslnoss, The Company allemptod to dofend ils franchise from competition subseqoont 10 Ihe shareholdels' dealh, Per Ihe ruling plovldod by Ihe PA Pubtic Utilily Commission. the Commission will not provide barriers to onlry via Ihe franchiso, AccOldingly, tho major competition in Ihe alea was able to oveldrive Wost Shale Taxi's operating lerritory and provldo laxl sorvlces wholO ONL V Wosl Shore Taxi could provldo tho services on an exclusivo basis. Addiflonally, anolhor compotilol oponed fOI businoss subsequenl 10 Ihe shareholdo(s doath and plovidos tho sorvlco, It Is tho conclusion of Iho company that Iho Public Utility Commission lakes Iho stand Ihat competition is good and will nol plevenl enlry of compolilolS unloss Ihoy arc proved 10 oporale onsafely, Finally. the Franchiso I call1mmedlaloly gonorolo thoso funds. 01 oblaln oulsldo financlng,lho PA Public Utilily Commission could cancolll)o company's co~ilicalos 01 Public Convonionco 05 lllOY aID In vlolallon 01 66Pa.C.S. Soclion 510(C), Accordingly, tho lranchisa Is valued at a roplacomont cosl, tho oslimaled amounllo oblaln a co~ificalo 01 oporallons Ihrough Iho PA Public Utilily Commission, tho advo~islng 1005, and allornoy foos, 12,000 16.000 Valuo 01 055015 rostatod 01 FMV Tho doblS owed by Iho corporallon, as 01 tho dalo of tho docodonl's doalh Includo ovor $70,000 owed to Fedoral and Stalo AgoncioS 101 unpaid laxos and regulalory assossmonls, Loans to Iho surviving shaloholdar in oxcoss 01 $20,000 and accounls payablo In oxcoss 01 $60,000. Tho company's dobl owed 10 financlallns\ilulions was salisfiod 110m procoeds of Koy,man Lilo Insuranco pUlchased spocmcally 101 thaI pUlpose. Tolal Debl. Restaled 150,000 Regardless, the debl ollhe corporallon oulwelghs Ihe assots if Ihey wele 10 bo sold apploxlmalely 14 to 1. Thereforo, In its present slluallon, the company should be consideled wo~hloss. It was doclded by Ihe surviving shaleholdel to conlinue oporallons, wilh tho Inlonllo 5011, Local compelilol wore approached for possible sale. The company was nol ablo 10 be sold, local compe\ilors could nol be onlico 10 pOlchaso what they could apply 10 Ihe stale 10 recolve, COMMONW[ALlII OF NNUSnVA'M INIl[RITM~CE TN( II[TURN mSIOWT OEClOwr SCHEDULE E CASH, BANI< DEPOSITS, & MISC, PERSONAL PROPERTY I rilENUi.lUm 21 96 0400 11('MtlCIUot1"1 Include the proceeds of hltglhon .nd Iho d.le Ihe ploueds we'. 't1cerved hy Ihe ul.le. AII11UlpIIly jolnUyowned wilh th_ right 01 aurvlvo"hip !null b_ dilclo..d Oil Schedul. F. [s1'^1rli~ Robert A. Staiger ITEM NUMBER I OESCRlPTlml VALUE AT DATE OF DEAHl 38 2 Caoh On Hand Caoh In Bank York Federal Account<< 090-436411 104 South George Street York, PA 17405-7068 Clothing and other peroonal property Boat and trailer, damaged 9 2,000 BOO 3 4 TOTAL (Also enter on line 5. Recapitulation) s 2,B47 (II mot. sp'ce is netdtd, inset1 addltion.1 shtets olth. limo site) lWClAO 1000 "tV.1UD ";011"1 SCHEDULE G INTER.VIVOS TRANSFERS & MISC. NON.PROBATE PROPERTY COMMOtlWfAl1ll or NNNSYlVAf~IA INJl[R1TANct TAX Illwrm R[SIDWT orc[OLNl -~lli'A1TOF Robert A. staiger ----.--------- ----- - ..--- I fi[ENUMOTI1 21 9G 0.100 Thi, sthedule musl be completod and Mod il tho .ns",of 10 any 01 quoslions IlhlOlIOh 4 onlho IOVOlSO sido of lho nEV.ISOO COVER SHEET I, '1'01, ITEM DESCRWIION of rllOFllIIY D~C~~ 5 EXClUSlotl INClUOE fliE NIJ/[ OF TII[ TRAP/mRH, nt(IR RHAltOll$Il:P TO C{C[O(POl M.O TIl( OAt( 0' D.'IL OF DEAlII TAXABLE VALUE NUMBEIl lRAtISftR AnAW A C09Y 0' WE DIED lOA FIAl (5TAT( VALUL OF A5!;ET INTEIlLST llf AI'PUCA8UI I, ~laBoaclluoetto I.lutual Lac 2,3.19 100 2,349 1295 Statc Strcet springficld, I~A 01111-0001 Lump sum pcnoion oiotribution used to pay fUnCL"al expenscD TOTAL (Also enlor on line 7. Recapitul31ion) $ 2.349 III molt space IS needed. insel1 ,ddlhonal t.hUIt. clume size.) rW4flAF 1000 !l:(V.'S" IX'Il'" COMMONWEALTlt OF PENNSYLVA/IIA INIlERITANCE TA'( RnUA" RES'OEtlr OECEDENT -[SIDE OF Robert A. Staiger SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS I1LEmlMUER 21 96 0400 Includo ul1Iolrnhurlod hlodlcll! OXI'O"IOI. ITEM NUMBER 1. V va DESCRIPTION Account AMOUNT 4226 9001 2014 4093 19086-5650 236 2 Dauphin DepoDit Bank Gold ViDa Account U 5409 9539 0500 0424 P.O, Box 4332 Harrivburg, PA 17111-0332 7,033 o TOTAL (Also enler on line 10. Recllpilulalion) $ 7,269 (II more 'pace is needed. insert addilion..1 sheels oltha same sile) 7W41AH 1000 R.EV.1513 [X: IHH) SCHEDULE J BENEFICIARIES COMMONW[AlTlt or r[NUSYLVAtM INtI[RIIANCE TAA RETURN IlESIDHlT DlCEDtNT ~STATrOF Robert A. Staiger F1LENUMUEII 21 9G 0400 IlELAT'OrlSll'P TO DECEDENT AMOUNT OR SIlARE Do Not Lilt Tfllltcols) OF ESTAlE NUMBEIl I, NAME AND ADDRESS OF PERSONISI nECEIVING PROPERlY TAXABLE DISTRIBUTIONS (include outrighl spolllal disUibulion!) Scott A. Staiger 5179 Eaot Trindle Road Hechanicoburg, PA 17055 Son 25\ " 2 Timothy A, staiger 210 North Front Street wormlyoburg, PA 17043 Son 25\ 3 Robert H. Staiger 803 North Arch Street Hechancisburg, PA 17055 son 25\ 4 Jennifer A. Staiger 310 Glendale Drive Shiremanstown, PA 17011 Daughter 25\ ENTER DOLLAR AMOUNTS FOR D'STR'BUlIONS SHOWN ABOVE ON LINES 15 THROUGIl 17. AS APPROPR'ATE, ON REV 1500 COVER SHEET II, NON,TAXABLE D'STP'BUT'ONS: A, SPOUSAL DISTRIBUlIONS UNOER SECTION 9113 FOR WHICH AN ELECTIOII TO TAX'S NOT BE'NG MADE " N/A B, CHAR'TABLE AND GOVERNMENTAl D'S~RIBUTIDNS 1. N/A TOTAL OF PART II, ENTER TOTAL NDlHAXABLE D'STRIBUTlONS ON LINE 13 OF REV 1500 COVER 51lEET $ (II mOle space is needed. in!efl addilion.11 sheels 01 same silO) 1WUAllooo f~LE ~~(V JERRY R, DUFFIE RICH^RD W. HEW^RT C. ROY WEIDNER, IR, EDMUND C, MYER~ D^VID W. DfLUCE RALPH H, WRlCHT, JR, D^VID J, ~NZ^ JOSEPH L, HITCHINC~ M^RK C, DUFFIE L^\~' OFFICH JOHNSON. DUFFIE. STEWART & WEIDNER ^ Pro(culonlll Corporation 301 MARKET STREET Po O. DOX 109 LEMOYNE, PENNSYLVANIA 17043-0109 HORACE ^, JOHN~ON OF COUN!.(L TFlErIlONE 717,761,4540 f^CS'MllE 717.761,3015 January 23, 1997 John C. Nurphy, Chief Inheritance Tax Division Departm:mt of Revenue Bureau of Individual Taxes Dept. 280601 Harrisburg, PA 17128-0601 Re: Estate of Robert A. Staiger, Deceased Date of Death: May 2, 1996 Cumberland County - No. 21-96-0400 Dear Nr. ~lurphy: This firm represents ~uchael A. Serluco, Executor of the Estate of Robert A. Staiger. Nr. Staiger died on ~lay 2, 1996. An Inheritance Tax Return should be filed for the Estate on or before February 5, 1997. However, we have been unable to establish a value for the decedent's interest in the Nest Shore Taxi Company. The business was not doing well prior to the decedent's death, and since his death, the Executor and family members have been negotiating for the sale of the business, which includes the decedent's interest. I~e "..ould appreciate receiving a Inheritance Tax Return for the Estate. rrade. sil: (6) rronth extension to file the No Inheritance Tax payrrents have been' If you have any questions or need additional information to grant the extension, please contact me or Cindy Hubler of my office, Very truly yours, JOHNSON, DUFFIE, STEWART & l'lEIDNER JRD:csh <..... ;.) ,jr: ':,'" _~I COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES INII[RIfANC[ TAN DIVISION D[PI. Zao601 HARRISBURC. PA 111Za-0601 NOTICE OF INHERITANCE TAX APPRAISEHENT, ALLOWANCE DR DISALLOWANCE OF DEDUCTIONS AND ASSESSHENT OF TAX MICHAEL A SERLUCO 400 N FRONT ST WORMLYSBURG PA 17043 DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 02-08-1999 STAIGER 05-02-1996 21 96-0400 CUMBERLAND 101 Allount Ren1tted ..' ( , * In.lkln "p 11'."1 ROBERT A MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUM8ERLAND CO COURT HOUSE CARLISLE. PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ iiEV:is4-j-E'if-Aiip.foij:97rNoricniF-YNHEiiifAiicE-rAX-A-PPR'iiiiiEifENT~--ALrOwiiNCE-ijR--.--.----_.__._- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF STAIGER ROBERT A FILE NO. 21 96-0400 ACN 101 DATE 02-08-1999 If an assessment was issued previously, lines 14, 15 and/or 16, 17 and 18 will reflect figures that include the total of Ahh returns assessed to date. ASSESSMENT OF TAX: 15. Allount of Line 14 at Spousal rat. (15) 16. Anount of LIn. 14 taxable at Lineal/Class A rate <<16) 17. Anount of Line 14 taxable at Collateral/Class Brat. <<17) 18. Principal Tax Due TAX RETURN WAS: I X I ACCEPTED AS FILED RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Est.te <<Schedule A) 2. stocks and Bonds (Schedule B) 3. Closely Held stock/Partnership Interest <<Schedule C) 4. Hortgages/Notes Receivable <<Schedule D) S. Cash/Sank Deposits/Misc. Personal Property <<Schedule EI 6. Jointly Owned Property <<Schedule F) 7. Transfers (Schedule GI 8. Total Assets CHANGED III 121 131 141 ISI 161 171 .00 ,00 .00 .00 2,847,00 .00 2,349.00 IBI APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Ad... Costs/Hisc. Expenses <<Schedule H) 10. Debts/Mortgege Liabilities/Liens <<Schedule II 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governnental Bequests; Non-elected 9113 Trusts <<Schedule JI 14. Net Value of Estate Subject to Tax 191 1101 6,599.00 7,269.00 IIll 1121 1131 II41 NOTE: TAX CREDITS: PAYHENT DATE ,00 X .00= ,00 X .06= ,00 X .15= lIB I. RECEIPT NUHBER DISCOUNT 1+1 INTEREST/PEN PAID I-I AHOUNT PAID TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE · IF PAID AFTER DATE INDICATED, SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. NOTE: To insure proper credit to your account, subnit the upper portion of this forn with your tax paynent. 5,196,00 B .A6A on 8,672.00- .00 8,672.00- .00 ,00 .00 .00 .00 .00 ,00 .00 IF TOTAL DUE IS LESS THAN $1, NO PAYHENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" ICRI, YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.) RESERVATION. Est.t.s 01 d...d.nt. dying on or b.for. D....b.r IZ, I'.Z -- 11 ony futuro Int.r..t In th. ..t.t. I. tron.l.rred In po.....Jon or enjoy..nt to C18.S B (collat.ral) bM~flc18rl.. of the decodent aft.r the ..plt.lion of eny ..tate for 11f. or for ye.r., the Co..anw.81th hor.by expre.slY r.s.rv.' the right to apprals. end as,8" transf.r II~rltanc. 'ax8' at the lav'ul Clan B (collatera.) rat. on any such futun Inhrut. PURPDSE OF MOTlCE: To fulfill the requir...nts of Section 2140 of the Inheritance and E,tate 'ax Act, Act 21 of 1995. 172 P.S. Section 9140). PAYHEHTt o.tach the top portlon of this HotlcCI and subelt with your pay.ont to the Reglste,. of WUls printed on the r.".ne side. uKake cheek or 110M)' ordor payable to: REGISTER Of lULLS, AGENT REFUND <CRl. A r.fund of . t., .r.dlt, whl.h ... not r.qu..t.d on th. t., R.turn, ..y b. r.quost.d by ...pl.tlng on .Appll..tlon for Refund of Pennsylvania inheritance end E,tate l.x~ (REV.l31]). Application. ar. available at the Office of t~ Regl.tor of Will., any of the 2S Rovonue Dl.trlct Offices, or by calling the special 2~-hoUr an.~rlng .ervlce nuaber. for for.' ordering: In PennsYlvania 1-800-S62-20~0, outside Penn.ylvanla and within local Harrisburg .rea (717) 787-809~, 1001 (717) 77Z-ZZS2 (Hearing 189alred Only). OIJECTJONS: Any party In Intorost not ..tl.fled with tho appr.lse.ent, allowance or dlsallowanco of deductions, or as.ossoent of tax (Including discount or Intorost) a. shown on this Hotico .ust objoct within sixty (60) days of receipt of this Notice by: OR --written protest to the PA Depart.ent of Revenue, loard of Appeals, Dept. 281021, Harrl.burg, PA -.electlon to have the .attor deter.lned at audit of the account of the per.onal representative, --app..l to the Orphan.' Court. 171Z8-1021, OR AD"I" ISIRATlVE CORRECTIONS: Factual .rror. dl.covered on this ..so..oont shoUld be addre.sed In writing to: PA O.part.ent of Rovenue, lureau of Individual Tax.', ATTN: po.t A..o.s.ent Review unit, Dept. 280601, Harrisburg, Pi 17128-0601 Phone (717) 787-6~0~. Soe pago S of the bookl.t -Instructions for Inh.rltance Tax R.turn for a Ro.idont Docedent- (REY-ISOl) for an oxplanatlon of .d.lnl.tratlvlly correctabl. errors. OISC~T: Jf any tax dUe I. paid within throe (S) calondar .onths after the d.c.dent'. doath, . flvo percent (SX) dl.count of the tax paid I. allowod. PENAL TV: T~ ISX tax .enesty non-participation penalty Is co~ut.d on the total of the t.x and Inter..t ...o.sed, and not paid before January 18, 1996, tho flr.t d.y aft.r the end of tho tax ..nosty period. This non-participation penalty Is app.alabl. In the .... eann.r and In tho the sa.e tl.o poriod 8. you would appeal tho tax and Int.ro.t that has b.en a...s..d as Indlcat.d on thl. notice. INTEREST: Int.r..t I, chargod b.glnnlng with flr,t day of dellnqu.ncy, or nino (9) .onth. and ono II) day froe tho date of d.ath, to the date of pay..nt. 'ax.' which boc..o dollnquont be foro January 1. 1982 b.ar Int.r.st at the rat. of six (6X) p.rc.nt por annu. calculated at 0 dally r.t. of .OOOI6~. All tax.s which b.ca.. dellnqu.nt on and .ft.r January I, 1982 will b.ar Int.r..t at . rate which will vary fro. cal.ndar yoar to cal.ndar yoar with that r.t. .nnouncod by tho Pi Oepart.ont of Rovenue. Tho applicable lntor..t rat.. for 1982 through 1999 aro: '!!.!! Jntore.t Rat. Dally Into"lSt rftctor ~ Intoro.t Rat. Unlly Intoro.t factor 1982 20X .OO05lt8 1988-1991 1\% .000501 1983 16% .000ltS8 199Z .% .ODDZ~7 1964 11% .000501 1995-1"9~ 7% .00019Z 1985 \3% .00055& 1995-1998 .% .000Z47 1986 \0% .000274 I'" n .000192 1987 .% .000247 --Intore,t I. calculatad a. follows: INTEREST = BALANCE OF TAX UNPAID X NUnBER OF OAYS DELINQUENT X OAILY INTEREST FACTOR .-AnY Notice I.sued aft.r tho tax becooeS d.llnquent will roflect an Int.re,t calculation to flft..n lIS) day. tMyond the date of the a..usoent. If pay..nt Is .ad" aft.r the lnternt co.putaUan date shown on the Hotlce, additional Inter.st .ust be c.lculated. I "m 1120 OtP~! tmenl CIUl! TrUSUIV 1r'!"II'.Ill1t~tnul! ~;t'rv'CI! U.S. corporation Income Tax Return lor UltlHur 'tU11\l\JUOll"I.,Ur tltgnn:ng . 'tl'lll.tfHP\~ .1U .... Instructions oro IODoralo. SC~-D~;' -; r~ p~Dorwo'k nod~ctl~; AC~ No.t1co. U.o IRS labol. Olhor- wlsD. print or Iypo, ^ Cllt,to"I.JI , C(ln,Ollll.aletf!tlwn (.III.;hl orml!l~q o WEST SHORE TAXI COMPANY, 2103 OLD HOLLOW ROAD MECHANICSBURG, PA 17055 INC. 2 1'f:lIon"'hOIt1on1'O' (.Il1"'C 11 ~>cll1'11 o 3 PtISOn.a'St'llcecap. i::gse'~~~~t4~~~.ni'''Y 0 m '-1 Fl11lo1lt!llfn PI [J Ctlloll\lCu!;UH1ren 906. I b ltUlelurnsl.1llow I Ie U.&' .... E ellte"- ;lpphcatl:e bOles (1) LJ Inlh.lllelurn 10QlonltCe<UIsOlU1U I 127 I n e o m o 2 Cosl 01 goods sold (Schodulo A. hno B) 3 Gross proM. Subtract hne 2lrom line lc 4 D'Vldonds (Schodulo C. hno 19) 5 Inlerest 6 Gross ronts 7 Gross royaltlos 8 Cap,tal gain nollncomo (attach Schodulo 0 (Form 1120)) 9 Not gain or (loss) Irom Form 4797, Part II, hno 20 (o!tach Form 4797) 10 Othor Incomo lottach schodulo) 11 Tolallneomo. Add hnos 31hrounh 10 12 Componsalion of olllcors (Schodulo E.I,"o 4) 13 Salaries and wages (loss employment credits) 14 Repairs and maintenance 15 Bad dobts 16 Ronts 17 Taxes and IlcenS9S 18 Intorost 19 Charitable contributions (SOC instructions f()( 10% limitatIon) . . ," I' 20 Doproclalion (altach Form 4562) , I 20 21 less depreciatIOn claimed on Schedule A and elsewhere on relurn . 1210 I 2Z DoplotlOn 23 Advertising 24 PenSion, profit-sharing, etc., plans 25 Employoo bonollt programs 26 Oth01' doductlons (aUach schodulo) 27 Tolal daducllon.. Add lines 12 through 26 ~ 28 Taxable income bolero net operatin~ loss deduction and special deductl~ns. S~btract line 27 from line 11 29 los,: a Not oporotlng loss doducl,on ..""",,"',. I 29a I 430 . 884 . b Spocial doducl,ons (Schodulo C. IIno 20) , I 29b 30 Taxable Incomo. Subtract line 29c from line 28 31 TOlallox (Schodulo J, hno 10) ,. " 32 Paymonts: a ~~~g~fftft~ '06 ~2lI b 11l90esllmaledlupaymenls 32b C ~~s~~~~~el~~gapP:le? . 32c ( 32d o Tax dopositod w,th Form 7004 320 f Crod,l from rogulatod Invostmont companios (attach Form 2439) 321 g Crod,t for Fodorallax on luols (aUach Form 4136) 329 33 Est,matod tax ponally, Chock ,f Form 2220 Is attachod ~ IJ 34 Tax duo. If hne 32h IS smaller than tho lolal of hnes 31 and 33. cotm amount owed 35 Ovorpayment. 111100 32h is larger than tho total 01 hnes 31 and 33. cnler amount overpaid 36 Enter amount olin 35 you want: Crodltod to 1997 cstlmntod tax ... f Do o r d u I ~~ II 01 no . I I So on o. 3.966. 10 nn s I d r 0 ud cu Ie II 01 no sn s T a x tll"~ a n d p a y m o n I . Rofunded ... ~ $ Ie 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 oMU Nn 1!.4!..OIO'J 'il~~;)96 U 1.rT1llloytlllltfll,l,e.."onllUrT1tJtr 23-1709577 C OalellleUlpculell 03/27/68 o lOl.ll.lueU 69.183. 127 906. 1. 404. 126.502. 9. 126.511. 43.461. 16.644. 4.667. 4.075. 3.966. 563. 59.657. 133.033. <6 522.> 430 884. <437 406.> O. urH.ltT penalt,es 01 pcqwy, Illeelale Itl;lill "..wc r..mlnctl 111'51 ct..l!!. Inc:..~l "\.1 ,lC~G'~;;J"\o ,f'll s:rlt'\J..'C5 ;litHJ s,.tc!l'crl!S, ..nllto lilt' tlcsl cl my ...,l.:l.....tell~e '"' .,~', ,",,,mp"" D'"'''''''''' p',,,,,, ,nll'" u'," ''''''.'' , " """ e"'" '"M'''O''' """" In",,,,, ""'". ,"0""0,. ~ 5,,""'''0'011'''' .~ 11(,t~/4'1 ~ l~~~"''JQ VI't:-. Prep.'!:!'s lilt.. (J ............. ~i . \''j'.'''./ \Ct1CCil1I Il'rt'p.'t'I'SSO;:I,IISCCUlIlynU>T1ber ",00"" ,. /cJ0 Il."-/!\:::---- 1/567 """m,,,,.,,,N-!160-60-9654 Fwm'sn.ame(OI '1"0"1 C C t. u... ... yOUlS,'lsell- ~' Cl.'-\I';)~ I 0(. /II'Cc\lt' ... ,mp'O.") (", fl 1\;", n(.\ I 70 II olntl;liCl1'tSS ""'" r /70ll Sign Here Paid Prcpnrcr's Uso Only 1 JUA cr{j~CO 11/011% 21b 2Z 23 24 25 26 27 28 29c 30 31 32h 33 34 35 36 Formi120(19961 WEST SHORE TAXI COMPANY INC. 23-1709577 Po 02 Schedule A Cost 01 Goods Sold 1 Inventory 01 beginning 01 yoar 1 2 Purchosos ..,...... 2 1404. 3 Cosl of labor '.,.,.', 3 4 Addlhonal soctlon 263A costs (nllach schedulo) 4 5 Olher costs lolloch schodulo) 5 6 Total. Add Imos Ilhrough 5 ".'""" 6 1 4 0 4 . 7 Invenlory at and of year ............ 7 8 Cost 01 goods sold. Sub~ocl"no 7 fiom lino 6, Enl'" horo and on pogo I. 11002 8 1 404. 9n Chac,", nil mothods usod lor valUing clOSing invonlory: It) ~ Cost as doscubod In Regulations section 1.471-3 1"1 0 Lower of cost or markot as descflbod In RegulatIons secllon 1.471-4 ('''I 0 Olher (Specily molhod used and olloch explonal,on,) ~,_________________________________________ b Chock II thoro was 0 wfllodown of subnormal goods as deSCribed In RegulatIons section 1.471-2(c) . . . . . . . . . . . . . ... 0 c Chock II Ihe LIFO invonlory melhod was edoplod IhlS tax year for eny goods III checked. olloch Form 970) , , , , , . , , , , . , . . . 0 d II tho LIFO invonlOfY mothod was used for thiS lax yoar, onlor percentage (or amounts) of closing I I Invonlory compulod under LIFO .'.".,..'""",.",'."..",'.'."", ~ o II proporty is produced or acqUired lor resale, do Ihe rulos of soclion 263A apply 10 Iho corporelion? . . . . , . , , . 0 Ves ~ No Was there any change in determining quantIties. cost. Of valuations between opening and clOSing inventory? If "Yes," oltach ex lenahon ',.,.,",.."""".""",."""",.""",. 0 Ves ~ No Schedule C I Dividends and Special Deductions (a) OIYlclenclS rece"..ecl (b)% (c) 5Pect~1 delJucltons (01 x lb) Dividends from less-than-20%-owned domestic cOfpOfatlons that are subject to the 70% deducl'on (olhor Ihon debl-Imanced slock) ".,'..",.",,'. 2 Dividends from 20%-or-more-owned domeshc corpOfobons that arc subject to the 80% deduclion lolher Ihan debl-f,nanced slock) ,'...""",'.", 3 DIvidends on debt-financed stock of domestic ond lOfeign corpOfollons (sectIOn 246A) 4 Dividends on certain preferrod stock of loss-than-20%-ownod public utilitIes . . . . . 5 Dlvrdends on certain preferred slock of 20%-or-moro-owned public utilities 6 Dlvidonds fiom less-lhan-20%-owned foreign corpore lions end certain FSCs thaI ora subjocllo the 70% deducllon ""'...""'..",,,,'..,.,, 7 DIVidends from 20%-or-more-owned fOfeign corpOfutions and certain FSCs that are subjecllo the 80% deduction "'.,."""'.."",.",,,, 8 Dividends from wholly owned fOfeign subsidianes subj to the 100% deductlon (soc 245(b)) 9 Total. Add lines 1 Ihrough 8, See Instruclions for lim,tahon "'."",,.,,'. 10 DiVidends from domestic cOfporatrons received by (] small business investment company operellng under the Small8usmess Inveslmenl Act of 1958 , , , . , , 11 D,vldends from certain FSCs thaI ere subjocllo tho 100% deduclion (section 245(c)( 1)) . . 12 DiVidends horn efhliated group members subject 10 Ihe 100% deducl,on (seclion 243(0)(3)) 13 Other dividends from foreign cOfporations not included on lines 3, 6. 7, 8, or 11 14 Incomo fiom controlled loreign corporations under subpar I F laltach Form(s) 5471) 15 Foreign dlvidond gross-up (sechon 78) .",'.".".,.,..."" 16 IC-DISC end former DISC dlvidonds nol included on lines I, 2, or 3 lsecl,on 246(d)) 17 Olhor d,vidends "'..",.,.".,..'..,.",.'" 18 Deduction for dividends paid on certain preferred stock of public utlllties 19 Tolal dlvldonds. Add lines 1 Ihrough 17, Enler hero and on '100 4. page 1 '.,." ~ 70 80 ... Instrucllons 42 48 70 80 100 100 100 100 20 Total social doducUons. Add lines 9.10.11,12, and 18. Enter hero and on line 2gb. page 1 . . . . . . . . . . . . . . ... Schedule E Compensation 01 Olllcers (Sea Inslrucl,ons for lino 12, page 1.) Complelo Schedulo E only illotal receipls lime 10 plus lines 4 through 10 on page I. Form 11201 ore $500.000 or more, (c) flelcent 01 f'erc~~::~ ~~~~OI'lon (a) NOIme 01 olllcer (b) SOCIOlI security number I,me cleyotecllo (f) Amounl 01 compensation buSiness % % % % % % % % % % 2 Tolal compensation 01 officers ...................... 3 Compensnhon of officers claimed on Schedule A and elsowhofO on rei urn 4 Subtract lino 3 from lino 2. Enter the result hero and on hne 12. page 1 2 JUA Cf61101 CU1191!l(o FOlln 112011996) W S R . - Pane I Schedule J I Tax Computation 1 Chac,", II tho COfpOfotlon is a member of a controlled OIOUP (SOD sectIons 1561 and 1563) " ' ~I.I 2a If tho box on II no 1 IS chocked, cnler lho COIporatlon's sharo ollho $50,000. $25.000. and $9,925,000 l.:l.ablo Incomo brackots (In thai ader): (3) 1$ (1) 1$ I (2) 1$ I b Enter the COI'poratlon's sharD of: (1) AddlUonal5% lax (nol mo<c than $11.750) I: I (2) Addllional3% tax (nol mora Ihan $100.000) 3 Incomo tnx. Chock this box If tho corporatlon is a qualifIed personal SOP/ICD corporation os dolmed In secUon 448(d)(2) ............................ . ,. , . . . . . . . . . . ~D 3 O. 4a Foreign tax credll (altach Form 1118) .................. . 4a b Possessions tax credit (altach Form 5735) . . . . , . , , , , , , , , ' , , 4b 0 Check: DNonconvonllonal sourco luel c<cdlt 0 aEV crodll(oll Form 8834) 40 d General busmess credit. Enter hero Bnd check which forms ore attached: o 3800 o 3468 o 5884 o 6478 o 6765 o 8586 o 8830 o 8826 o 8835 o 8844 o 8845 o 8846 o 8820 o 8847 . . 4d 0 Crodltlor prior year minimum tax (allach Form 8827) .......... . 40 S Tolal oradlll, Add lines 4a through 40 ............... . ' , S O. 6 SubUact Ime Slrom Itno 3 ................... . ' , 6 7 Personal holding company tax (altach Schedule PH lForm 1120)) , . 7 8 Recaplure taxes, Check II Itom, 0 Form 4255 o Form 8611 . , . , 8 9 Allernalive minimum tax (altach Form 4626) .......... . ' . 9 10 Total tax. Add lines 61hrouoh 9, Enter here end on hne 31. paoe 1 ' . ., , 10 O. r Schedule K I Other Information 1 Check melhod 01 accounling: a 0 Cash Ves No 7 Was lhe corporallon e U,S, shareholder 01 any conUolled Ves No b illI Accrual 00 Other (speclly) ~___________ lorelgn corporallon? lSee secUons 951 end 957.) .. . X 2 Refer to the InsUucUons end stale Ihe principal: II "Ves," attach Form 5471 lor each such corporetlon, a Business activity code no. ~ __4J_0_0__________ Enler number 01 Forms 5471 allached ~ --------- b Business eclivlty ~ :x'_Rl\ltSYJ'-R_Tl\_T).91t_____ 8 At any lime during lhe 1996 calendar year, did the corp 0 Product or service ~ :x'l\_X)__S]:_RyJ_C_E_______ havo an Inlerest in or n signature or other authorIty over a 3 Did the corporallon al the end 01 the tax year own, financial account (such as a bank account, securities directly or Indlreclly, 50% or more of Ihe voUng stock 01 account. Of' other financial account) in a foreign country? X a domesUc corporaUon? (For rules 01 atUlbulion, see II "Ves," the corp may have to lile Form TO F 90-22,1, seclion 2671c),) ................. . .. . X II "Yes," enler name of foreign country... _________ tt "Ves," allach a schedule showing: la) name and 9 During the tax year, did tho corporation receive n distribution IdenUlylng number, lb) percentage owned, and (c) taxable from, or was it the grantor of, or transferor to. a foreign Income or (loss) belore NOL and special deduclions 01 liust? 1I''Yos," see page 16 of Ihe insUuctlons lor olher such corporation for the tax year ending with or within your forms the corporation may have to Ide ....... . . . X tax year. 10 Did onB loreign person at any timo during the tax year own, 4 Is tho corporation a subsidiary in an olfilialed group or 0 directly or Indirectly. at leosl25% of: la) the lotal voling parenl-subsldlary conliolled group? ......... . X power 01 all classes of slock of tho COfporaUon enlLlJed If "Yes," enter employer Identification numbor and name of to vole, or lb) Ihe total value 01 ell classes 01 slock ollhe tho parent corporation JII:_________________ corporation? II "Yes," X ------------------------------ a Enler percentago owned... _____________ ___ b Enter owner's country... ----------------- 5 Did any Individual, partnership, corporation, estate or c The corporallon may have to file Form 5472. Enter number Uuslat lhe end of Ihe lex year own. directly or Indtreclly, 01 Forms 5472 allached ~ ----------------- 50% or mOfe 01 the corpOfotion's voting stock? (For rules 11 Check thiS box II tho corporallon issued publicly offered 01 ellilbulion, see seclion 267(c),) , , . . , . . . . , , , X debt instruments With onginallssuQ discount .' , .~D If "Yes," attach a schedule showing name and identllving If so. the corporallon may have 10 Ille Form 8281. number. (Do not Include any information already entered 12 Enter the amount of tax-exempt interest received or In 4 above,) Enler percentage owned ~ __5_0_._0_0-,,;___ accrued during tho tax yoar ... $._____________ 6 During this tax year, did tho cOfporaUon pay dividends 13 If thero were 35 Of fewer shareholders althe end 01 tho tax (other than stock dividends and distributions In exchango year, enler tho number... ____2_____________ for stock) In excess of tho corporabon's current and 14 If the corporatlon has an NOL for tho tDle year and IS accumulated earnings end profits? lSoe secs, 301 and 316,) X electing 10 forego the carryback perIod. check hero ~D II "Ves."ltIe Form 5452, II this Is e consolidaled return. 15 Enter tho aVOllabte NOL carryover Irom prior tax ycms answer hero for the parent corporatlon and on Form 851, (00 not reduce it by any deducllon on IlOe Alfllialions Schedule. for each subsidiary. 293,) ~ $ 430.884. E T SHO E TAXI COMPANY INe 23 1709577 3 JUA 3 CF(jB02 1211419U 23-1709577 4 . WEST SHORE TAXI COMPANY, INC. Form 1120 (1996) Paco fSchedule L I Balance Sheets per Books nogmlllllg 01 lax year End at tnl( yoar AlSots (a) lb) (c) (d) I Cash. , , , , , , , , , , , , , , ' , .., . 2a Trudo noles ond accounts recolvable .., . 9420. 8254. b Loss allowanco lor bad debts ' , , , " , ( 9420. ( 8254. 3 InvontOfloS ........ . . . . . . . . . , 4 U.S. govornmonl obligations ........ . 5 T dx-exompt SOCUfltlOS ....... . .,. . 6 Other curront ossets (attach schedulO) .,. . 2117. 1130. 7 Loans 10 stockholders ........... . 8 MOt'tgago Bnd rool ostoto loans ...... . 9 Olher Inveslments (atlach schedule) . . . . . lOa BUIldIngs Bnd other doprOClBblO ossets " , 146837. 15542. b Less accumulatod deprocl8t1on ...... . ( 145605. 1232. ( 5301. 10241. l1a Oeplelable asselS ............. . b Less accumulated depletIon ........ . ( ( 12 Land lnel 01 any amorbzation) ....... . 130 Intanglbla assels (amorlizable only) .... . b less accumulated amorlizntion ...... . ( ( 14 Olber assels lallach schedule) . . . . . , , . 34658. 49558. 15 Tolal assels . . . . . . . . . . . . . . . . . 47427. 69183. LloblllUes end Stockholder.' Equity 16 AccounlS payable ............. . 38961. 73115. 17 MorlgllgU. noles. bondS plIYlIble In IUS lhlln 1 yUr 18 Olher currenlliabllibes (atlach schedule) ., . 61101. 58661. 19 Loans kom stockholders ......... . 20 Morlgllges. notes, bondS plIYlIble In I yur or more . . 287539. 184103. 21 Olher Iiabilibes (allach schedule) ...... . 2Z Capllal stock: a Preferred slock ...... . b Common stock ...... . 20000. 20000. 20000. 20000. 23 Paid-in or capital surplus . . . . . . . . . . 49933. 49933. 24 RetlllneO urn,ngs _ APpropflllted 11l1l1lCh schedule) 25 Relalned earnings - Unapproprlaled . . . . . <410107.> <316629.> 26 Less cosl of treasury slock ......... . ( ) I ) 'l:I Totalliabihties and stockholders' equity .. . 47427. 69183. Note: YoU nre nol required to complele Schndules M-l and M-2 below Illhe lolal nssels on line t5. column (d) 01 Schedule L ere less than $25.000, Schedule M-1 Reconclllallon 01 Income Loss er Books With Income er Return 1 Netincome (loss) per books . . . . . . . . , 93478 . 7 Incomn recorded on books Ihis yenr nol 2 Federal income lax .""".'.'.. included on this relurn (llemlZe): 3 Excess of capital losses over cnpilal gnins ' , ~:'~;:~fmPI , $-------------- 4 Income subject to lax nol recorded on books SEE ATTACHED Ihisyear (1Iemize):_______________ :===========XO])..o=o][.=: 100000. ------------------------ 8 Deductions on this relurn not charged 09alnst book income this year (itemizo): o Depreciation $____________. b Conlllbut,ons $ (olrlyo~tl ' . . ------------- 5 Expenses recorded on books this year not deducled on this relurn (1Iemize): o Depreciation $ _____________ b CO"IllDUhons $ caHyo~tr . . . ., ------------- C lrl1~el lInd $ enttltllmmtnl .., ------------- --------------------- --------------------- --------------------- 100000. <6522.> ________________________ 9 6 Add Imes Ilhrou h 5 93478. 10 Schedule M-2 ro rlated Retained Earnln 1 ealancealbeglnmng 01 year """,. <410107.> 5 2 Net mcome (loss) per books """" 9 3 4 7 8 . 3 Other increases (ItemIze): - - - - - - - - - -- ------------------------ 6 ------------------------ --------------------- ------------------------ 7 Add lines 5 nnd 6, , ' , , , , , , , . , <316629. > 8 Balance al end 01 ear (Ime 4 less line 7 <316629. > ------------------------ 4 4 Add lines ,. 2. and 3, JUA CF6!1':lJ 12/16/98 . . . . . . . . , . . . . Question 5 Shareholder Information 1996 Form 1120 Schedule K Statement EST SHORE TAXI COMPANY INC. 23-1709577 (0) Nomo: ...,...........,.,...,',...,. Addross: .,..............,.....,...,' TIN: . . . , . . . . . . . . . ' . . . , . . . . . , , . . , , , . (b) pc<conlago ownod: .....,."....,........ (0) Nomo: ..,........,..........,',.... Addross: .,............"......,..... TIN: . . , . . . . . . . . . . . . . . . . , , , . . , . . . . . , lb) pc<cenlage owned: ...............,...... (0) Nome: ...........,.......,........, Address: ............................ TIN: . . . . . . . . . . . . . . , . . . . . , . . . . . . . . . . lb) Pc<cenlage owned: ....................,. (0) Neme: .,.............,.....,....". Address: ."...,....,......,.,.,..," TIN: . . . . . . . . . . . . , . . . . . . . . ' . . . . . . . . . (b) Percenlage owned: .,.................... t998SCSICompul. cr0ll11 (l41l0196 B Net Operating Loss Carryover - 1996 Regular and Alternative Minimum Tax I 23-1709577 Forms 1120 and 4626 WEST SHORE TAXI COMPANY. INC. Statement REGULAR TAX From NOL Carrylorward 10 Amount Doductod In Flsc.1 V..r End Curront Voar Curront VotU NOL Carryforw.rd 10 N..I Vo.r 12 '31 81 12 '31 82 12 31 83 12 31 84 12 31 85 12 31 86 12 31 87 12 31 88 12 31 '89 12 31 90 298 060. 298,060. 12 31 91 49.683. 49.683. 12 131 92 47 653. 47.653. 12 31 93 27.546. 27 546. 12 31 94 1. 244. 1. 244 . 12 31 95 6 698. 6.698. 12 31/96 6.522. Total T 430 884. I 437.406. ALTERNATIVE MINIMUM TAX From AMTNOl Carryforward 10 Amount Doductod In Fiscal Vo.r End Curront Yoar Current Yoar AMTNOl CarrYforward 10 No.1 Vo.r 12/31 81 12/31 82 12 31 83 12 31 84 12 31 85 12 31 86 12 31 87 12 31 88 12 31 89 12 31 90 298.060. 298.060. 12 31 91 49.683. 49.683. 12 31 92 47.653. 47.653. 12 '31 93 27.546. 27.546. 12 31 94 1 244. 1 244. 12 31 95 6.698. 6.698. 121 31 96 6.522. Total I 430.884. I 437.406. 1990SC5/Compule 11 Cff3~Ol N/l01fHl I .... --. ...... _... 6' .... Sheel1 West Shole Texi Company Form 1120, 10 #23.1709577 December 31, 1996 #23.1709577 #23.2029935 West Shore Consolidated Tolal Intelcompany Taxi Company Mechanicals, Inc Page 1, Chalges Line # 1 Sales 127,906 $127,906 2 Cosl of goods sold 1,404 1,404 ....n......... ...n....................... ......-..................... 3 GlOSS Profit 126,502 126,502 0 5 Interest 9 9 9 Net gain/loss 0 10 Othel Income 0 143,4611 43,461 .................... un...n.................... ............................. Tolal income 126,511 (43,4611 126,511 43,461 ................... ...-.........-.................... .............................. 12 Componsation of 0 officers 0 13 Salaries and wages 43,461 143,4611 43,461 43,461 14 Repails 16,644 16,644 15 Bad debts 0 16 Rents 0 17 Taxes 4.667 4,231 436 18 Inlelest 4,075 4,075 19 Contributions 0 20 Depreciation 3,966 3,473 493 23 Adveltising 563 563 26 Other deductions 59,657 58,490 1,167 ........n........ un_.......................... ................................ 27 Total deductions 133,033 143,4611 130,937 45,557 ...................... ....n.................................................. .............................. 28 Taxable income before net operating loss deductions 1$6,5221 $0 1$4,4261 1$2,0961 ===== ====== ======== ======= 11,1511 Pogo 1 Shoot2 Wost Sholo Taxi Company Form 1120, 10 #23,1709577 Oocombor 31, 1996 #23.1709577 #23,2029935 Wosl Shoro Consolidotod Total Intol Camp Taxi Company Mochonicols, Inc Pogo 2, Schedulo A. Elimenotion Lino # 1 Invontory at beginning yoar $0 $0 $0 2 Purchasos 1,404 1,404 3 Cost of labor 0 4lblOthor costs 0 .................. ......................... .......................... 5 Total, linos 1 through 4(bl 1,404 0 1,404 0 6 Inventory at ond of yoar 0 0 0 ............................. ................................ ................................ 7 Cost of goods sold $1,404 $0 $ 1 ,404 $0 ----- ------ ------ ----- ------ ------ Page 1 O~ OOOONO;:= ~ II)OOO"'M~MOa; ~ m mm .. ~ '! ~ M ot Oltl .. ... \DO M .... .. ~ - ~ ~ N ~ ~~ ... CO'" en ID 0'" '" 0 ai - .,; uiai .,; ~ ~:t~~ ~ .,; ,.; uio:i .; .. - -. '" '" N ~ '" - <:! ~ ,i!lili 00000 .. ,"0 N .. _m~- ;; N 0 0 \ 0 . - Ii i8:.;;.!6 ~ . '" ~ ~ ~ 0" m m ~ . .. ~ 'Ni" ~ M, ~ ~ -~ .. .. ~ . '" 12 a.~ ... ~ ..:":df"i '" . ;0 .. "'..~ .. . lr,C,2 '" I N a 1: . , . ,. i , I i .. > i .. . . 0 6.. .. .. O~M iD N mm .. 0 ~1a. OM S~ ~ . . I m .. ..m 0 .. '" M .. .. ~~ m . . 0"'_ N N NtO M N m m N '" N'" to ! "-8 ... ri:vi 3 ;~ ,.; .,; aidei' ,.; ai ... ,!!cO ,.; . . ~ = N ~ M ~N'" ; ~ N . . ~~ . . . ~~ . .. . . > . . .. '0 I ~ i ;:; ~ 0 ;:; ;:; ~~ ;; :1 0 0 .. '" .. '" '" I I to .. to '" .. .. ... .,; 2 '" ... OM !i '" ci 2 g '" g <:!- '" ~ , Shool5 WoSI Sholo Taxi CompallY Form 1120, 10 #23,1709577 Docombor 31, 1996 #23.1709577 #23.2029935 Wost Sholo Consolidalod Total Elimination Taxi Company Mochallicals, Inc. ................ ............... ............... ............... Pa90 4, Schodulo M,1 ................. lillo 1 Nol Incomo lIoss) pOI Books 93,4 7B 14,4261 97,904 5c travol & ont 0 0 0 5d officors lifo 0 0 0 50 penalties/ovordra! 0 0 Non,Taxablo Insulanco 1100,0001 (100,0001 ................ ....n...nn.... ................ ................. Lillos 6 & 10 (6,5221 0 14,4261 12,096) =:::::::::= ===== ==A== ;==== Page 4, Schodulo M.2 Balanco Beginning of (410,1071 19,651 1141,8621 (287,896) Yoar Not Income lIossl per Books 93,4 78 0 (4,4261 97,904 ................... .......nn.... ................ .................... Balance Al Yoar End 1316,6291 19,651 1146,2881 1189.9921 ===== = ==::::= = ----- ==:::== ----- Pago 1 1120 u.s. CorpornIlon Income Tax Return <HI-II No 154!,.Oln '.,,," I .. I (01 :r'"l~' ~ ('.I' I\"i~, ,11 1.l' ) t.., 1'1 il ;;'. ,. I --.------- '\j',~.tr"l"':l. _ __ __ __~ . 1~_ _ ___ ']@95 "f..,'II~('rlll'l 1"; 11~~~,.I~' .. InstrucUort5 am ~e,).u.ll". fiee P:'IClO 1 tor P.1ncrwork Reduction Act flaileD. ".'r'I1'IIII"..r"..r.,......(' ^ t:'\e~" 1101 U!Oo U In'ployC'f tdtnl!l'Calo;:ll'l numbtr , C,)"~cl'll,lt\1Itt,.'" Ii illS 23-1709577 (J1t,.;lll (~mt!.', Inbcl. WEST SHORE TAll I COMPANY, INC. C tJ.ltemcufjJl)I',Utd 1'1 , Ii 0 ".1 I rl<~ .: ".j C ;:l Othcr~ 2103 OLD HOLLOW ROAD 03/27/68 (Jlla:tl ~Cll I't'l U wi!;o, ) 1'( I ~ 1:11.1.1 ~t ..e e 'c" OJ print or MECIIANICSBURG, PA 17055 0 Tt;!.llaaeh($t'C'!:;ptt,I,C:lnSlrl }U llC'1 or,e ,1 ,'1 ~(.'~.[.'rJ'Y ItG\ :1:, 144'.41. U Iype. ~ C'(' ,'" ~" lie I ,~,. ~I E CtlH~ ,)PtJi,."b~e t'C.t!. ") fjrll,I'Jllt'urrJ m Ilr""I""Il.'1l PI II C~,J":je (;! ~~~-e~~ S 47.427. 1a(l!C~~'He.,'~crUIt$1 131,330. I btt~$~t~,,'n/.1.I~)y/ I Ie Bolol ~ Ie 131 330. 2 Cost of goods sold (Schcdu:o A.lmo Bl 2 3,260. 3 Gross proM, Subtrtlctllne 2lrom IIno Ie 3 128.070. I ~ DIVidends (Schcdu!e C, lmo 19) ~ n 5 Interesl 5 e 6 Gross rents 6 0 m 7 Gross rOi/allies 7 e 8 Capl!al gain nct mcon~o (allach Schcdu~o [J (Form 1120)) 8 9 Nel galO cr (loss) frem Form .1797, Pari II, line 20 (attach Fcrm 4797) 9 10 Othor income (attach schedule) 10 11 Totilllncomc. Add I:nos 3throuoh 10 ~ 11 128 070. f 12 Compensation of o!llcers (Schedule E. Iin~ 4) 12 Do 13 Salaries nnd wages (less employment credits) 13 26 575. e , Repairs and maintenance 18 919. d I~ 1~ u I 15 Bad debls 15 3,215. c 1 1m 16 Rents 16 I 1 17 Taxes and licensos 17 3,932. o I n. 18 Interest 18 11,281. 5 I 1 19 Charitable contrIbutions (seo instructions ler 10~o Ilmi!at:cn) , 'I' ;0'" ' 19 So 20 Dcpreci,ltion (allach Form 45&2) 8,510. en e 5 21 Loas dcprcciatioJl claimod on Schedu:e A and ci~c",..llorC on relurn , 121. I 21b 8 510. 10 22 DopletJon 22 nn 23 Adverlising 23 602. 5 I d 2~ Pension, proht-sharing, etc., plans 2~ , e 25 Emplo}'cQ bcneM programs 25 ud eu 26 Othor deductions (aU.lch schedule) 26 61 734. Ie TotOlI dcducllons. /\dd lines 12 through 26 134,768. I t 27 .. 27 01 28 Tax.bla incomo balmo nol oporolmg 100' daduc!'on and ol'oc'al daduClrS, ~lbtr.Cllma 27 110m 'ina 11 28 <6,698.> no 5n 29 less:. Ne'opor.'mglossdoducl,on ,.""""'.,,, 29. 424 186. 5 b Special deducllOns (Schedule C, lino 20) , 129b I 2ge 424.186. 30 TOll3blo Income. Subtract hne 29c from line 28 30 <430 884.> T 31 Tot,t! till (Schedule J, line 10) 31 O. . ,., ,,' x 32 Payments: a'o4c.r;I'T,luc"Mcl1llll!,~S ~~ L".i" . b 19')~UI:r,~lcoJlolo.;a,l'T_t!)IS n C Len 1':1',5 rch.nl1.ar;'c:: I.... on FCtm4,~Cr. ~~: ( d e Tax depositcd WIth Form 7004 32e p f Credit from regulated investment companias (att,lch Form 21,39) 321 . Y gCredtt for Fcder,lllJx on fuels (allJch Form 4136) 32g 3211 m 33 Estimated tax penalty. Check If Form 2220 is nllached [J e ~ 33 n 3~ T:lx due. If lino 32h is $OlJller th.ln the total of lincs 31 and 33. anler amount ow(!d 3~ I 5 35 Overpayment. If line 32h is larger than tho lotal cllincs 31 and 33. enter amount ovcrpald 35 36 Enter amount of In 35 you want: Credited to 1996 esllmOltcd tax ... Refunded ~ 36 Please UrCtf tJC?,leSCI pCfl..ry,1 dtC!J'C ilIa 'l.1\C CU-, C:llt] Srt'~'1 ,,'.or: ~Jolo::::C~i.1n~ln~ ~Cl"1t::..'es olo"O Slololtr:ccnls olortl1lOIl\C tt~' 01 my I,ncwltl1!;e ~'~1 ~'~." "'~ ~~"':"" p,,,',' t''''' "'" ''''';~/;l;;;'o.m'''," 0'.." ," p""", "n "y '00.'"'' Sign Here !>'..'1.luteclclll~ D.11e ~ T.:lt Prtllolortf'S ~ 'X.~. I CiJ1i) J ~~~: t . ,I '':tpJrtt'$ SOC:JIStcur,lynumtef .. . Cltcl,,1 , .'j .. Paid l'(:"ololU11.' '~\' ....... Is ""-'~P">'"~ ~ ~"" ~ "5 \.I Preparer's h:~'~namt(ar f'''C; E.tr,,,cJloQ At.) EI"'i ~ U5e Only you's,IIUH_ ~ l'P CO", ~ J 7 or; ~ tl1"pl0~'td' Wl..e e. \c.. \ , '=- ~ un I ,,~ olol1l1"Odrc~~ 1 JUA eFt!:J C211GIlfa Foron i 120 (1005) schedule A WEST SHORE TAXI COMPANY Cost 01 Goods Sold INC. 23-1709577 Pago 2 Inventory at beginning 01 year purchases ...,..... , 2 3 4 1,695. 1 565. , 2 3 4 5 6 7 B Cosl 01 labor ........ Additional section 263A costs (allach schedule) Olher costs (attach schc::fulo) Totnl. Add Imes 1 through 5 .......... Inventory 0.1 end 01 year ......,..... Cost of goods sold. SubtraclllnD 71rem lmo 6. Enter MfO and on pago 1, 111m 2 9n Check 0.11 methods used lor valuing closing inventory: (<) ~ Cost as described in Regulations sochon 1.471-3 I") 0 Lower 01 cost or mar"cl as described in Regulations secllon 1.471-.1 ('''I 0 Other (Specily method used and allach e,planallon,) ~.---- ----- -- ------------------------------ b Check il thero was wnlcdo'....n 01 subnormal goods as dCSCflbcd in Rngul.1Itons secllon 1 A71-2{c) . . . , . ~ 0 c Check if tho UFO InventOlY melhod was adopted this tax year for any goods (If cha6.cd, attach Form 970) . . . . . . . . . . . . . . .... 0 d litho LIFO inventory method was used for this lax \'car, enler percentaga (or amounts) of closing I I inventory computed under LIFO .............. . . . . . . . . . . . . . . . . . . . . . . . . . ~ c Do the rules 01 section 263A (for property produced or acquired for resale) apply to the cOlporation? . . . . . . . . . Was thero any chango in determining quantllies, cosl, or valuations between opcning and closing inventory? If "Yes," attach explanation .................,......,...,..,......,....... 5 6 7 B 3 260. 3 260. DYes ~ No Schedule C I Dividends and Special Deductions (3) Olwl::1t'1<J$ rece,~l.'d (b) '/, o Yes ~ (e) 5;::e:1al dedu:llCns: . , b No Dividends from less~lh3n_20%-owned domestic corporations that aro subJcclto the 70% daduction lather than dabt-flnanced stock) "".,...,,"',.. Z Dividends from 20%~or-more-owned domestic ccrpora!ions that are subject to the eO% deduction (other than debt~fmanced stock) ......,.,...,.... 3 Di'/idends on debt-financed slack 01 domestic and foreign corporations (section 24GA) 4 Dividends on certain preferred slack 01Ie5s-than-20~a-awned public utilities . . . . . 5 Dividends on cerbln preferred stock of 20%-or-marc-owncd publiC utilities 6 Dividends from less-than-20%-0'....ned foreign corporations and certain FSCs that arc subject to tho 70% deduction ..,....................,.... 7 Dividends from 20%-or-more-owned foreign corpornlions nnd cerlain FSCs that arc subject to the eo'%. deduction ...................,..,.... 8 Dividends from wholly o.....ned loreign subsidiaries subj to the 100~Q deduction (see 245(b)) 9 Total. Add lines 1 through B. See instructions fer limitation .....,......... to Dividends from domestic corporations received by a small business investment company operating under the Small Business Investment Act 011958 . . . . . . 11 Dividends Irom certain FSCs that arc subject to the 100% deduction (section 2.15(c)( 1)) . . 12 Dividends from affiliated group member!> subject to tho 100",:" deduction (section 243(a)(3)) 13 Other dividends Irom foreign corporatIons not included on lines 3, 6. 7, e, or 11 14 Income from controlled foreign corporations under subpart F (allach Form(s) 5.171) 15 Foreign dividend gross-up (seclion 78) ...................... 16 IC-DISC and lormer DISC dividends not included on lines 1.2, or 3 (section 246(d)) 17 Other dividends ....,.,...................... 18 Deduction for dividends paid on certain preferred stock 01 publiC utilities 19 Total dividends. Add lines 1 through 17. Enter here and cn line 4, page 1 . .... 70 80 ~tt In~lrl.lcI1cns 42 48 70 80 100 100 100 100 ZO Tolal !Opcclal deductions. Add lines 9. 10. 11, 12, and 18, Enter hero and on line 2gb. pago 1 , . . . . . . . . . . . . . .... Schedule E Compensation 01 Officers (See ins~ucllons lor finO 12. page 1,) ComplC!lo Schedule E only il total receipts (line 1a plus hnes 4 trJough 10 on page " Form 1120) arc 5500.000 or marc. (c) Pcfcl.'nl cl I'trc~7~~~ ~~~~lfd"'Lcn (b) ~O;lal Stell! ,ly r,,~.~l.'t lilT.e <:l.'~cle<J lo t:us,r.e:s (a) "'",meclcH,:er C)PrelentCl (I) Amounl cl compensahcn % % % % % % % % % % % % % % % 2 Tolal compensation 01 olliccrs ...................... 3 Compensation of officers claimed on Schedule A and elsewhero on return 4 Subtract Iinc 3 from Ii no 2. Enter tho result hero and on line 12. pago 1 2 JUA CFe!C1 C~ll€I!i6 For., 1120 (1995) I Schcdulc J I WEST SHORE Tax Compulatlon TAXI COMPANY, INC. 23-1709577 Pago 3 . 1 CtlCck 111M corporation is a mcrnllCr of a conllo!!cd gloup (:;00 ~ecl:on~ l!iGl and l~oJ) " , ~Il 2. II the box on Ii no 1 is checked. enter lhe corporation's !ohare 01 U:c SSO,OOO, $25,000. amt $9,925.000 laJilb!o 1I1CQmO brnckcls (in that ordCf): I (3) 1$ (1) 1$ I (2) 1$ b Enter tho corporation's sh,:UC 01: (1) Addllional5% lax (not morc than $11,750) I: I (2) Addllional3% lax (nol molO Ihan $100.000) 3 Incomo tax. Chock this box lItho corporation is a quahflCd person,,' !.crvico corporatIon as dQllr~cd in sectloll 448(d)(2) ............. . . . . . . . . . . . . . . . . " , ...... . , , ~[J 3 0, 4. Foreign lax cradll (allach Form 1118) .................. . 4a b Possessions tax credit (allach Form 5735) . . . . . . . . . . . . . . . . . 4b 0 Check: DNonconvontional source fuel credit 0 aEV credit (alt Form 8834) 40 d General business credit. Enter here and check which lorms arc a!lached: o 3800 o 3468 o 5884 o 6478 o 6765 D 8586 o 8830 o 8826 o 8835 o 8844 o 8845 o 8846 o 88,17 4d 0 Credit for prior year minimum t.ax (attach Form 8827) " , 40 5 Tolal crodlts. Add hnes 4alhrough 40 . . . . . . . . . . . . . . 5 O. 6 Subtracllino 5 from Ii no 3 ................... . 6 7 Personal holdIng company tax (allach Schedule PH (Form 1120)) 7 8 Recaplure laxe" Check if from: 0 Form 4255 o Form 8611 8 9. AlternallvQ minimum tax (attach Form 4626) . . . . . . . . 9a b Environmenlallax <aUach Form 4626) .' , ....... . 9b 10 Tolallax. Add lines 6 throuah 9b. En!er here and on line 31. cace 1 10 O. I Schcdulc K I Othcr Information CF0802 02/16196 1 Check method 01 accounting: . 0 Cash Yes No 7 Wa-; tho corporation a U.S. shareholder of any controllad Yes No b ~ Accrual 00 Olher (specIfy) ~___________ foreign corporalion? (See sections 951 and 957.) . , X 2 Roler to tho instructions and stato tho principal: If "Yes," allach Form 5471 lor each such corporation. . Business .clivlly coda no, ~ _ _4_1_0_0_ _ _ _ _ _ _ _ __ Enter number 01 Forms 5471 aUached ... .-------. b Business achvily ~ :r_R_A1LSJ'_O_R_TJ._T)_O_N_ __ _ _. a At any timo during the 1995 calendar year, did Iho corp 0 Producl or servica ~ :rJ._X)__S_E_R_V_I_C_E___ _ __, have an interostln or a signature or other 3uthoflly over 3 3 Did tho corporation at the end of the tax yem OWll. linancial account in a foreign country (such as a bank directly or indirectly, 50~~ or more 01 the voting stock 01 account, securities account. or other flnancial account)? X a domestic corporation? (For rules of allnbution. see II "Yes."tho corp may have to fIle Form TO F 90-22.1. secllon 267(c),) ................. . " , X If "Yos." enler namo of fcrelgn country .... . _ _ _ _ _ _ _. II "Yes." attach a schedule showing: (a) name and 9 Was the corporation the grantor of, or tmnsferor to. a identllying number, (b) percontage owned, and (c) taxable fcreign trust that existed during the current tax year, incomo or (loss) beforo NOL and special deductions of whether or not the corp h3S any benaflcial inlerest in it? If such corporation for tho lax year ending With or WIthin 'lour "Yes."the corp may havo to file Forms 926. 3520. or 3520-A X tax yetlr. 10 Did one foreign person al any timo during tho tax year own, 4 Is tho corporation a subsidiary In an afWiatcd group or a directly or indimclly, at leilst 25% of: (a) tho 101.11 voting parent-subsidiary controlled group? ......... . X power of all clnsscs or slack 01 the corporation entitred If "Yes." enler employer idenlification number and name to vole. or (b) tho lolal value of nit classes of stock 01 tho 01 parent corporation.... __________________ corpcrahon?lf "Yes." X ------------------------------ a Enter percentage O.....Il(~d ~,--------------- b Enter owner's country.... .---------------. 5 Old any individual, partnership. corporation, estate or c The corporation m3Y have to hIe Form 5,172. Entor number trust at the end of the tax ~'ear, own, directly or md:rcctly. 01 Forms 5.172 illlached .... ----------------. 50% or mora of the corporation's voting stock? (For rlJles 11 Check this box if the corporalion issued publicly altered 01 al~lbulion, sea seclion 267(c),) . , . . . . , . . . . . X debt instruments With origin.lllssue discount ,. . ,~D If "Yes," all3ch a schedule shOWing name and identil~'ing If so. the corporation may h3ve 10 lile Form 82Bl. numbor. (Do not include any information already cnlerod 12 Entcr the amount of tax.exempt interest received or In 4 above,) Enler percenlago owned ~ )._O_O_,_O_OJ;__. accrued during tho tax year.... $.____________. 6 During this tax year, did the corporation pay dividends 131f there wmo 35 or fower Sharoholders allho end ot tho lax (other than stock dividonds and dlstl'lbutions in exchango year, enler the number.... ____2____________. for stock) in excess of tho corporation's current and 14 If the corporation has nn NOL lor tho tax )'ear and Is accumulaled earnings ond proM'? (Sea secs, 301 and 316,) X electing to forego the carryback pmlod. check here ~~ U"Yos," llIe Form 5452. If this is a consolidated return, 15 Enter the aV3ilable NOL carryover from prior tax yoars answer here for tho parent corporation and on Form 851, (Do not reduco it by nny deduction on line Afflliation5 Schedule. lor each subsidiarv. 29a,) ~$ 424,186. , I r . ' 3 JUA WEST SHORE TAKI COMPANY, INC. FOIf1l11:'O{IU95) 23-1709577 rnoo 4 [ Schedule L I Balnnce Sheets l!e{fl/Hllfl{J ollJK Yf~:lr End 01 lax year ___U~_ . Assets (n) _, (h) (c) (d) 1 C.l~h " , , , " , " , 2. Tfnd~ notes and accounts rccclv.lt)lo __!.?79...!.., 9420. h less .1110','.'.10CO lor bad debts ( 19791. I 9420. 3 In\lemlenos " , '" . " , 1695. 4 U.S. government obligations , , , , 5 Tollc-exempt sCCUrlhos , , , , , , G Other current assets (attach schedule) , , 6417. 2117. 7 loans 10 stockholders .... . ' , , , 8 Mortgngo and real 051.110 loans , , , , 9 Other investments (allach schedule) , , IOn Bu:ldings and clhor depreclablo assets , , 217222, 146837. b Less accumulated depreciation , , I 214610. 2612. ( 145605. 1232. 11. Depletablo JssclS " , , , , , b less accumulated dcp!ehon , , , . ( ( 12 land (nel 01 any amortization) , , 13. Intanglblo assets (amortlzablo only) , , b Less accumulated amortization , . , . ( ( ) 14 Other assets (attach schedulo) " . , , 34658. 34658. 15 Total assels " , ... . " , , , " , 65173. 47427. L1nbillllcs nnd Slockholdcrs' Eqully 16 Accounts payable ... . ..... . .. . 59525. 38961. 17 '.1C<lgJ~tS. n:.J~e~. cC'''lfs IlJ)'~t;te In Ita In.1n I YC'Jr 18 Other current liab:lities (allach schedule) 41586. 61101. 19 Loans Irom stockholders ...... . 20 tJ:O'"'9.19tS. ~,cle~. ccn~:i r.a,'.atle In I )'tJI Cl mcre 295827. 287539. 21 Other liabilllies (allach schedulo) , , 22 Capital stock: a Preferred stock , , b Common stock , , , , 20000, 20000. 20000. 20000. 23 PaidRin cr capital surplus " , , , , , 49933. 49933. 24 nllt~llled rJ~fl;ng:4/'il~fCFI.aI(d !olt!Jch :ctledu1e) 25 Retained c3rnings-Unappropri3tcd , . <401698.> <410107.> 26 Le:;s cest of treasury steck '" . " , , , ( J ( ) 27 Totalltabllilles and stockholders' eQully , . 65173. 47427. rlolc: You are nol reqUired 10 complelo Schedules M-l and 1.'-2 below If tho total assets on lino 15, corumn (d) of Schedulo L arc less than $25,000. Schedule M-1 Reconciliation 01 Income Loss er Books With Income er Relurn t Net income (loss) per bocks '" . . . . < 8 4 0 9 . > 7 Income recorded on books this year not 2 Feder:ll income 1,1X ........... included on this return (Itemize): 3 Excess 01 capllallosses over capItal g,1in5 ,;~~~:~trr';:~ . $. _ _ _ _ _ __ _ _ _ __. 4 Income subjocllo lax not recorded on books this year (llemizeJ:__ ____ _________ 4___________________ -------------------- ---------------________4 8 Deductions on Ihis retJrn nol charged ilgainst book incomQ Ihis ~'car (Itemize): i1 Depreciation $_____________ b CC'llrltull;;ns $ . c~rfy(.:..er .. _____________ 5 Expenses recorded on books this }'ear not deducled on thIS relurn (Itomize): tI Depreciation $ _____________ b ~"'~~~~;~rIIC~'. $ _____________ c :~l~;ii.a~;f~e." S _____________ -------------------- -------------------- ---------------________4 S!tE_]\_T_TltC_H_EP_______1J_U_.__ 1711. 9 A~d Ii no, 7 nn~ B ',."""., G Add IIncs 1 Ihrou h 5 "",,"'," < 6 6 9 8 . > 10 Schedule M-2 Anal sls 01 Unn/! ro ria led Relalned Earnln t Balance al bcginnino of year < 4 01 698 . > 5 Dlstnbutlons: a Cash 2 Nol incomo (10$$) pcr books . , . , , , , . < 8 4 0 9 . > 3 Other increases (Itemizo): _ _ _ _ _ _ _ _ _ _ __ -------------------- <6698.> ------------------------- b Slock '., c Properly . . 6 Other decreases (Itemize): ._______ ------------------------. --------------------- ----------------________4 7 Add lines 5 and 6 . . . . . . . . . . . . < 41 0 107 . > 8 enlnneo 01 end 01 car (Ii no 4 'c$S Imo 7) crC!;J C;'II(l96 <410107.> 4 Add Iinos t. 2. and 3 4 JUA ............. . rt-.r'l 4562 Depree/allan and Amarl/zallan (Including Information on lIslod Proporly) OMU No. 1!l45.0IU O'Jl~llm'l1loll"e Tr",ur)' Inlrrl1.l11hv.l1lI1 r.'IV'~e 11111) !\:.lm'(SIltlOI'trI0I11f'IUlI1 .. AII.1ch Ihls 'arm to your return. ~~95 AII.lChmenl 67 G'Quel1ceNo. lu,nlr')'ltlgnulnuer WEST SHORE TAXr COMPANY, rNC. III,s,neu or .l"lwIIV to rwtllCtllhlS hllmrel.llrs 23-1709577 I 2 3 4 5 Eloctlon To Exponso Corlaln Tanglblo Proporly (Socl/on 179) (NOlO: II you hovo ony "lislod Properly; complolo Pari V beforo ou com 1010 Part I. Maximum dollar limitallon II an entorpriso Zono business, ~eo instruclions Total cost of seclion 179 proporly pl<1ced in service during Ihe Imc year . . Threshold cosl of section 179 properly bofOle reduclion in limllation ". Reduclion In IImilation. Subtmct lino 3 Irom lino 2. If zero or less, enler -0- . Dollar lim,lol'on lor lax your. Sub~ocllmo 4 /rom 1100 1. II lero or less. enler -0-, (II morried "ling sa aralel . see instruclions.) " . . . . . . . . . . . . . . . . . . . . . . . . . . f~) Dncr'Pllon 01 prC.ally IVICes, I 2 3 4 17 500. 200 000 O. 6 ..... . 5 IC)Elecl'dCOSl 7 lislod properly, Enlor omounllrom IIno 27 , . , , . . . . . . , , , , . . , . . " 7 8 TOlol elecled cosl 01 secl'on 179 properly, Add amounls In Column (C),linos 6 and 7 8 9 TenlOlive dOduclion, Enlor tho smaller of 1100 5 or "no 8 ",....,."". 9 10 Corryover of disallowed doduclion from 1994 . . , , , , . . , , , , . , 10 II Toxablo incomo IImllation, Enlor Ihe smaller of laxoblo Incomo (nolloss Ihan 10ro) or lino 5 . II 12 Section 179 exponso dOduclion, Add lines 90nd 10, bul do nol enler moro Iholllmo II ..,.. 12 13 Carryover of disal/owed doduclion 10 1996, Add lines 9 ond '0, less lino 12 . . . ~ 13 /Iole: Do nol uso Pari II or Pari III bolow for lislod properly (aulomOb"es, corlain olhor vohiclos, cel/ulor lolephonos, cerloln compUlors, or properly usod for enlerloinmonl, recroolion, or omusomont.) Ins lead, uso Pari V lor IlSlod properly. Part" MACRS Ooprocfalion For Assols Placod In Sorvlco ONLY During Your 1995 Tax Yoar (00 Notlncludo Llstod Pro ort . Section A - General Asset Account Election 14 1/ you oro making Iho oloclion under seclion 168(1)(4) 10 9rouP ony ossels placed in sorvico during Iho lax year inlo ono or moro genorol ossel occounls. chock Ihis box . . , " ',.."...,...,......."... ...... . . . . ~ 0 (b)MonlhAl1d (')C'm"'''',on 01 P'OPUly Y'" pl."o (.) Con"nl,on 101 o'P"""'on .'.,,<lIon "'seritiee ISo 3-yoor properly b 5- ear property c 7-year proper I d 10-year prOporly o 15..year propert , 20-yoor prOporly 9 Resldonli.1 renlol property h Nonresidential real prOperly MM MM MM MM Seello" C .. AllornaUvo Depreciation Syslcm (ADS) 27,5 yrs, 27,5 yrs. 39}1S, S/L S/L S/L S/L 22 16. b 12}1s, 40 yrs. MM S/L S/L S/L 17 18 19 8 510. ......................... . 20 21 8 510. 5 C~12C6 1'2121195 Form 4562 (1995) WEST SIIORE TAXI COMPANY, INC. 23-1709577 Form 4562(1995) Pmlo 2 Listed Property _ Automobiles, Certain Other Vehicles, Cellular Telephones, Certain Computers, and Property Used lor Entertainment, Recreation, or Amusement Uola: For any \'Ohlclo lor which you .,ro U':.1I10 1110 ~land,lId 1I1110<1go rnlo or dCHlllcl'rl') lHiI!,U I~'pen:;e. cOrTlnlC'lo only ~Ja. 23b, column'J (0) lhfountl (el 01 Snellon ^. nil 01 SQcllon n. nnd Secllon C II appllcahlo. Section ^ _ Ooprcclnllon nnd Olhor lnfonnntlon (C:lUtlon: SHO ino;.l1ucllcno:, lor 11I111!.ltIOI~~Jor automobl!e!..) 2301 00 you 11,1\/0 eVldenco 10 5uppoflltlc bU5Inc!>':./uwo-:.trncnt u!:.o CI;lIITlcd? (l Yes f J Uo 23b If ..Yu!.... i-:. Iho oVldonco wntlen? n Vas [] tlo 'I'Y')"'" ] '-I ".'1 I,) I~I llJt ... (tJl 1l~~,SIl.Wt:l'll!l"Jt(.1I 1'1 (11) (Iected THle 01 p~j erly n~'e IlIJcell 1I1~U!ITl('1l1 Cl.J~' O' ell U IlJ...~, t~..1 tl~esllT tn! f1H!J~tJ'( f/ctll()'JI Ot~ltcl,l"C.fl UtllCfl II:) 1,..I~l'llIC'tSI"'~!1 ,"'al~,ce (J~e 11."lt "to'll I I;CI,Oll CCI;wtnlICll l.lcl.l....~ll()" prlcenIJ';CI u. ) cosl 24 Property used moro Ulan 50'l:' in a qunlillod businoss U5e: 25 Properly used 50~:' or less In a Qualified business use: S/L - S/L - S/L - 26 26 Add amounts in column (h). Enter Ihe total hare and on line 20, page 1 . . . . . . . . . . . . . . . 27 Add amounts in column (i). Enler the tolal hero and on line 7. paQe 1 ..................... Section B - Information on Use of Vehicles Complele this section for vehicles used by a solo proprietor, partner, or other "more than 5% owner," or related person. II you provided vohicles to your emploi'ees. llrst answer the Questions in Section C to 5eo il you meet an exception 10 completing this section lor Ihose vehicles. W ~ 00 ~ 00 Vehicle 1 Vehicle 2 VC!hicle 3 Vehicle 4 VC!hicle 5 27 If) Vehicle 6 28 Total businessllnvestment mHes driven during IhO year (DO NOT include commuting miles) 29 Total commutlOg miles driven during the year 30 Total olher personal (noncommuling) mllesdnvon . . . . . . . . . . . TOt31 miles driven during the year. Add lines 28 Ihrough 30 . , , . . 31 flo Ves flo Ves flo Yes flo Ves flo Ves No Ves 32 Was tho vehicle available lor personal use during Olf-duly hours? . . . . . . . . . . 33 Was tho vehicle used primarily by a more than 5% owner or related person? . . . 34 Is 3nother ....ehicle available lor personal use? . . . . . . . . . . . . . . . . . . Section C _ Questions for Employers Who Provldo Vehicles for Use by Their Employees Answer these Questions to de!ermino il you meet an exception 10 completing Section B for vehicles used by employees who are not more than 5% owners or relaled persons. Yes No 35 Do you m3intain n \\'flllen policy statement that prohibits all personal use of vehicles. including commuting. by your employees? .......................................... ...... 36 Do you maintain a wrillen policy statement that prohibits personal use 01 vehiclcs. oxcept commuting, by your employees? See instructions lor vehiclcs used by corpor3lo olk:ers, directors, or 1~~ or more owners . . . . . . . 37 Do you treat all use of vehicles by employeC!s as person31 use? .......................... 38 Do you provido more than livQ vehicles to your employees, obtain information from your employees about tho use of the vehicles. and retain tho inform3lion received? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Do you meet the reqUlroments concerning qualified automobile demonstration use? . . . . . . . . . . . . . . . Note: If your answer to 35. 36. 37. 38. or 39 is "Yes." you need nct complete Section B lor the covered vehicles. Part VI Amortization I') AmorllullOfl lorlhts.,.Uf I-I Descflpllcn 01 cc~ls tOI D.lle.lrl"orhzallz~ bee.nS I') Mr.OlI'l.lble .Irr.cunt (clAmorl perIOd 01 ptleenuge 1'1 Cctlest'cl,on ~o ~1 ~2 41 Amortization 01 costs thai began beloro 1995 .................... 42 Tolal. Enter hero and on "Other Deductions" or "Olher Expenses"lino of ~'our return JUA 6 C~-2;:;1 1;?/27/!J5 .\ " _.~---_._-_.- _.. - ---- ----- Net Operating Loss Carryover - 1995 Regular and Alternative Minimum Tax . L~l::.! 70J577 Forms 1120 and 4626 WEST SHORE TAKI COMPANY, INC, Statement IlEGUl/l1l T/lX Frol11 NOL Cnrrylolwnrd 10 Amount Deducted In fl:;cnl VO"f End Curront Yenr Current Yonr 1l0L Cnrrylorwnrd 10 Nod VOilr 12 31/BO -' 12 31 Bl 12 31 B2 12 31 'B3 12 31 B4 12 31 B5 12 31 B6 12 31 B7 12 31 BB 12 31 B9 12 31 90 29B.060. 29B.060. 12 31 91 49 6B3. 49.6B3. 12 31 '92 47.653. 47.653. 12 31 93 27 546. 27.546. 12 31 94 1 244. 1 244. 12 T31 95 6.69B. -, Total I 424 IB6. I 430.BB4. /lLTEIlNATIVE MIUIMUM TAX From AMiNOL Carryforward to Amount Deducted In Fiscal Year End Current Year Current Yenr AMTNOl Carryforward to Noxt Voar 12/31/BO 12/31/B1 12731 /B2 12/31 /B3 12/31 B4 12/31 B5 12/31 B6 12731 B7 12/31 BB 12/31 B9 12 31 90 29B.060. 29B,060. 12 31 91 49,6B3. 49.6B3. 12 31 92 47.653, 47.653. 12 31 93 27.546. 27.546. 12 31 '94 1.244. 1.244. 12 31 /95 6,69B. Total I 424,lB6. 430.BB4. lM!I 5C5lCcmp..le eru')l <-lIttt!.!, 11 ., ... _'~"'.""..... Shoot!) Wost Shoro Taxi Companv Form 1120, 10 #23-1709577 Docombor 31, 1995 #23.1709577 #23.2029935 WOSI Sho,o Consolidalod Total Elil11iniUion Taxi Company Mochanicals, Inc. a.u........... .....a......... .....u........ ................ Pago 4, Schodulo M-l ................. Lino 1 NOI In como (Ioss1 pel Books IB,4091 (3,7321 14,6771 5c lIavol & ont 0 0 0 5d offlcols Iifo 1,711 1.711 0 5e penoltles/ovold,of 0 0 ................ ........u..... ................a.. ...........uu. Lillos 6 & 10 16,69BI 0 (2,021) (4,6771 ===== :=0::;=,== ===== :;;==== Pogo 4, Schodule M'2 Balance Beginnillg of (40 " 6981 19.651 113B,1301 12B3,2191 Yeol Not Incomo (Ioss1 per Books (8,4091 0 (3,7321 (4,6771 ......................... ................... ..................... .............a..... Balance At Yeol End (410,1071 19,651 (141,B621 (2B7,8961 ===== ====c =:::c=== ===a= Page 1 :!;'2i g:~~ :n~ N . i e.3~ ~ ,"0 M ,t ~ ~ ~ oD o o~~;;; :? ........(SW w ":"':ori ,.." lDWM W " ;:; ~ "! ; ~ ~ .; N M " M n M ..; ~ ,; " o ~ ..; o "'''' ~M N~ lTilli o ~ ~ .; o 2 :0 N M " 00000 ~ ~ .. ..; ., '" .. ..; N o " . > N > N 0 a on 15 it ~ .c e N"'O ~n~ ::::: ~ . " OM '" N ..; o ~ N g OOO,..OO,..ooncn ~ "OOO-Chg'"'O;: N '" "'''' ., ~ " '''''' M 0 III N l.:I 01"1 M 0 N '" _M '" . ., ~~ . t'J _'" CI ... . O~ ~ E .; ..; oD .n.," " iii ,,:,...:eioi d " ..; Ida) .i " ~ . M . M <DU)....or - . N M ~ N :! . ; 0 0 '" < ~ '" ~i] 0"''''00 N ;;;0 '" N ~08- ,;; ~ 0 0 . 0 0 . ~ . g;.~ 0- ., N ~ 0 ~M '" ~ ....3.. NO 0 0 N ., NO ., N N . . N . o C).\I N": .; .; ..; .; "':":ol"i ..; ..; . . " . N . a ., " '" M~M ., . . M . Mg2 " . . . t'U~ ~ N > N . [ 0 ;:;., 0 0 0"'8" 5 0 0 N '" 0 '" a 0,..0""8 8 "'''' "'<~ ..,- . .,'" ., N'" M M 0 :; ~M '" N 0", M~' ~., '" q MN '" '" N~ ., M N _ ei .Don " ~M .; .irzidoi .; .; .; ltirzi ..; oj ;;; tL_ ~ N ~ 2.... N ~N" M N ....:::: a . " > . . " "0 r a ;:; 5 0 ;:; ;:; 5;: :;; ;:; " 0 . ~ 0 ~ " ~ gg; 0 ~ ~ a ~ N U N on N ~ on N ~ . ..; ..; g " ,.; ad .; " .; g ~ ! :! " oe :! " oe ., 5", N'" N'" .; M 'N ~ N N ..; M "8M ~ M '" ., cioci ~f'I" ::8 _0 N~ N o N N oj ~ ., " M ..; ~ o " "0 1! ~ a . J ~ r; N '" ..; g 5 8 ..; " M ~ ., " o ~~ ci.-i ,,- o M ~ ~ d ,..: N N .'" A'" 00 ON E - 8:;: . . '0 ,,- o . .0. ",N~ ",,::q ;:E~ o _ ::.f ;0 E " O_on"'OONOOII) mon_ tot_o(I ,..."'., .... lDID oj.." oD ,.:.j.; ... "''''M N " M :: ..; ~ ",OOOIO,..OMOiii :.:; ~;8~ m C"i ..:lIidai ..: "., of t'J N or 0 N :! s ... ~.." ~ ~.~g;;;5 ,. .. 5'2 .. :J ~ ... E .. :; ~ ... - ~ ~ n .. ~ tl ~ ~. :2.~a,~3~2" i~5;';&;~aE~i _"~>SSCD"Jl}- UotSOO~'08'Uo _NMtl)C'I_ ... :! ~ ~ . .a , ~ c:'l ~.! D l!: - ~ a~ 5= ~:;~fi .. .. E C ... " _~~ :J.. o~'O _Ut/!:E;"- ti~t-o.e 'i~ U-"'<:.aCO"ii'!:!_ :t~~c5~~~:~s 11)'" = ON"'" .. ....NNN 'x ~ < . '" , . ~ ,~ 1- . ~ . o " E " :!! ... "t_ t :il 0;: :;'2~ ~ . 0 .1 ~P:! ;0 - . Q i '5 " 0 g ~ N M ~ ..; ~ '" '" ..; "'''' _M o~ Qui N ~ o ~ o ;; . ~ ~ ~ ;;: ~ < . 0'2 . 0 '" . ... S . ~ :< ~ ti~ 5l~ :! ~ . S ., '" ~ oj M '" ., "1 . ~ j 2 ~ . . - 0 <> :; ..., u ~" t . . < . Z o?" . 5 · e?el o. S Shoot2 Wost Shorn Taxi Company FOlm 1120, ID #23,1709577 Docombor 31, 1995 #23.1709577 #23,2029935 Wost Shoro ConsolidOlod TOlol Intor Comp Taxi Company Mochanicals, Inc Pago 2, Schodulo A, Elimonation Lino # 1 Inventory at be9inning yoar $1,695 $680 $1,015 2 Purchasos 1.565 (1.0151 2,580 3 Cost of labor 0 4lb)Other costs 0 ................ .........--......... ..................... 5 Total - Iinos 1 thlough 4(b) 3,260 (1,015) 3,260 1.015 6 Invontory at end of yoar 0 0 0 ................ ...............-..... ................... 7 Cost of goods sold $3,260 ($1,015) $3,260 $1,015 ----- ------ ------ ----- ------ ------ Pogo 1 West Shoro Taxi Corllllany FOlm 1120, 10 1123.1709577 Decemhor 31, 1995 1123.1709577 1123,2029935 Intercompany West Shoro Consolidated Total Elimenolions Toxi Company Mechonicals, Inc Page 1, Line 26 . Other Deductions Office supplies ond expenses $3,221 ($336) $3,077 $462 Ulilities 3,454 3.454 Telephone 5,463 5.463 Plofessional services $1.224 (6751 1,224 675 Insulonce $43,156 (3,102) 43,032 3,226 Licenses and permits 379 379 RegulatolY ossossments 2,017 2,017 Miscellaneous 0 Dues & subscriptions 2.616 2,616 ~.................. .......................... .....................n....... .............................. $61,734 ($4,315) $61.464 $4,565 ------ ------- --------- --------- ------ ------- --------- --------- " 1120 u.s. Corporation Income Tax Return m.An No. IS<lS-011J ':olm fo' ,.llnd'U Y'" l!)'U 0".. '1".' ba'l""'"'1 _________' l!l'J.....,dln<)_________ .1'1.___. ~@94 0,,,.IIII""1'110I'h_T,,II,"','I' ... Instructions lUG SOP81010, SOO pnoo 1 lor Pnporwork Roductloll Act UotleD. 10Illlr'l.I"...."1I.5.'_"a A Ch"_lla: Uso U Emplo,., Id'""llcallon I'l",mtl', , Contotle.l'dlat",," 0 IRS 23-1709577 1..1l1lCI1Form8511 labol Othor- WEST SHORE TAXI COMPANY C Oa"'''CQIPOlll.ld , ~~;:~~'Jch~.I~j~~? co. 0 who, 2103 OLD HOLLOW ROAD 03/27/68 , r"'IOl'lI"',,'CllCO'D. plO850 MECHANICSBURG, PA 17055 0 fot.IU....".. :'pllclllcln'ln Illld,rl"'Olnfl'mDOIIlY prlnlor ~....q~,.;.lt~~' 111r,'".,II-H- 0 Iypo. E Ct"'C'.COIIUbll.bu.." ,to Cll",'"",,'IUIn ," LJ r'''"l'oth,,'l ." tJ CI'lI.n'j"lll.dd"." S 65 173. 1 OCi'OIl'ltC"1l1101ulnI 146,603. I b L... fllwn.,llIo.. I Ie 0.1 .. Ic 146 603. 2 Cost at goods ~ord (Scnedulo A, rino OJ 2 6,976. 3 Gross profit. SUbtr3ct rino 2 from lino 1c 3 139,627. I 4 Dividends (Schedule C,line 19) 4 n 5 Interest 5 625. c 6 GrosSfents 6 0 m 7 Gross royalties 7 0 8 Capital gain net incomo (attach Schedulo 0 (Form 1120)) 8 9 Net gain or (Ioss)lrom Form 4797, Part II, lino 20 (attach Form 4797) 9 10 Other income (anach schedulo) 10 11 Totallncomo. Add lines 3 1hrouQh 10 .. 11 140,252. r 12 Componsation 01 officers (Schedulo E,line 4) 12 Do 13 Salaries and wages (less employment credib) 13 14 431. or Repairs and maintenance 14 20,887. d 14 u I 15 Scd deblS 15 c I 1~ 16 Aenls 16 26,481. 01 17 TaJ(es and licenses 17 4 148. n. 18 Inlerest , , 18 11,490. 5 t Chatit:tblo contnbutions (seD instructions for 10~~ limitaten) I 19 ',.(~'( 19 So 20 Depteci.1tion (attach Fcrm 4562) 9.175. on , . 05 21 Less depreciation claimod on Schedulo A and elsowhere on roturn , 12101 21b 9 175. 10 22 Depletion " , 22 nn 2J Advertising " . , . 2J 399. 5 I d 24 Ponslon, profit-sharing, etc" plans 24 r 0 25 Employee benefit programs 25 ud cu 26 Other deductions (ar.ach schedule) 26 54 485. t c Tolal doducUons. Add lines 12lhrough 26 .. 7:7 141,496. II Z7 , . 01 2S r:lXablo inc,ome belo.'e nel oper.ting loss deduction and spec..' dedUCti!"s, Subtiacl lino 27 Irom lino 11 2S <1,244.> no 5n 29 Loss: . NOI opero'ng loss deduction .,..""",.,.. 29al 422.942. 5 b Spccial deductions (Schedule C, rino 20} . l29b I 29c 422,942. :lO Taxablo Incomo. Subtract lino 29c from line 28 JO <424 186.> r 31 TolalL1x (Schedule J. line 10) '" , 31 o . a ~ J do.... . J2 Paymonts: a '93 o~lpml C/ltllled 10 1994 a b 1994u1!ml,edla.j:lIV".,."I, n c LII. 1994 Ilfund IlDpH'd lot 011 Form .u6G ~: ( 32d d o Tax deposited with Form 7004 , . 320 P I Crodit from regulated investment companies (attach Form 2439) J2f a y 9 Crodil fer Federal \.1x on fuels (alloch Form 4136) 32g J2h m J3 Estimatod tax ponalty. Check if Form 2220 is attached .. 0 J3 0 n J4 Tax duo. It line 32h is smallor than tho lotal at lines 31 and 33, onter amount owed , . J4 I s 35 OvorpaymenL If lino 32h is larger than lho total of lines 31 and 33. enlor amount overpaid J5 36 Enler amount of In 35 you want: Crodltod to 1995 ostlmatod tax ~ Rofundod .. JG Unllll Denllll" 01 p"JU'Y, I dltGlll' '".1 1 "hll..am,neIlIIH' I.lll,", InClUQlng IccomQN'lYlng ,e"_dul" Ilnd UII.mllnl..ltH110 Ih. tie" 01 my kno"tedge Plesse and tltll,r, II I' tille, corr.d, and complele, O,ellllllon 01 p'ePI'II 10Ih" IhIl111a,p'y.'II, b"ua on III Inform.llon 01 ""hleh pr.pIII' "11 U'ly '/lowlldge, Sign ~ I 'lIb-I,;., ~ Y,<=>S,'dF"-\- Here 5Iqnllur.orollIC,r Oal. 1111. Prell"et', ~ I ~Il~ I : I Plepl,,'" 'OClAlucu'lly numbe, '!:J1'i CheC:kll Pold Ilgnllu'. '1 I::> 'r'l' ..,r'.m,"".O I 1,0' b:/-C\ c? If. Preparer" J:hm'lnam.lor s:...:>,,. f\, s'r "'lC:c~ E.l.No. .. U50 Onfy YOUII,ifull. ~ ;; 11" 1:. "I-...-cl 10_ itc.J, ZIP COd." .mlllorecll Ilndlda,,,,. Mt'~\..c..,,\'(". \.,,,,,<, ,-ll~, \ 1[;:; '5" 1 Hn3 CJ:68CO IO,OJt94 WEST SHORE TAKI COMPANY Form 1120 1994 Scheduto A Cost 01 Goods Sold , Invontory ot boginnmg 01 ~O.lr Z purchasos 3 Co!.t ot labor 0\ Addition31 section 263A costs (ar..1ch schedulo) 5 Other costs (attach schodulo) 6 TolDl. Add linos 1 through 5 .......... 7 Invontory at end 01 yoar ......,..... B Cost of goods sold. SubU3Ct Uno 7 horn lino 6. Enter hOlo and on pago 1. lino 2 9a Check all melhods usod lor valuing closing inventory: o Cost E Lower ot cost or m:1rlo.ot as dm:cllbod in Regulations section 1.471.4 o Writedown of subnormal goods as dosCllbed in Rogulations :Iection 1.471.2(0) o O1hor ISpoc,lymolhad usod and ntuch e.planatian,) ~ ,------------------------------------------ b Check ilthollFO inventory method was adapted this ~'lJ( year lor any saads Iii checked. al\.1ch Farm 970) . ' , , , . , . ~ 0 c If lho LIFO invontory method witS usod for this tax year. ontor porcent3go (or amounts) of closing Inventory computed under LIFO ....,................................. d Do Iho rules 01 section Z63A (for properly produced or acqu;red lor rosalo) apply 10 lho corporation? o WO' Ihero any chango ;n dotormin;ng quontities. casl. or valuations bolWoen apon;ng and closing inventory? II "Vo.: attach explanation . . . . . . . . . . . . . . . . . . . . . . . . Dividends ftom loss_than_20%-cwned domestic corporations that aro subject to tho 70%. deduction (other than debt-financed stock) ................. 2 Dividends from 20%_Or_more-owned domestic corporations that aro subject to tho eo~~ deduction (other than debt-financed stock) ................. 3 Dividends on debt-financed stock of domestic and foreign corpcration~ (section 246A) 4 Dividends on certain preferred stock at less_than-20%-owned public utilities . . . . . 5 Dividends on ceruin pretected stock of 20%_Cr_moro-owned put:!:c utilities 6 Dividends ftom less_than-20%-Owned foreign corporations and certain FSCs that aro subject to the 70% deduction ............................ 7 Dividends from 20~:'_or_more-owned foreign corporations and certain FSCs that ate subiect to tho 80% deduction ........................... B Dividends ftom wholly owned foroign subsidiaries subj to the loa~:. deduction (see 245(b)) 9 To\.:ll. Add lines 1 through 8. See instructions for limitation ......... . . . . . . 10 Dividends hom domestic corporations received by a small businO!.S investment company operating under thO Small Business Investment Act of 1958 . . . . . . 11 Dividonds from certain FSCs that aro subject to tho 100% dedu~on (section 245(c)( 1H . . 12 Dividends from affiliated group members subject to the 100% deduction (section 243{a){3)) 13 Other dividends from foreign corporations not included on lines 3, 6, 7. e, or 11 14 Incomo from controlled foreign corporations under subpart F (attach Form(s) 5471) 15 Forolgn divldond grass-up (section 78) ..,.....""..,",..,' 16 IC-DISC and falmer DISC dividends nal included on lines 1,2. CI 3 (section 246(d)) 17 Other dividends ............................. 18 Doduction fer dividonds paid on certain preforred stock of public utllities 19 Total dlvldond.. Add lines 1 thlaugh 17. Enter horo and an line 4. paso 1 . ~ 20 Total .poclol deduction.. Add lines g. 10. 11. 12, and 18, Enlor hero and on lino 29b. ogo 1 , , , , , ' ' , . , , ' , . ~ Schedule E Compensallon 01 Olllcars (Seo insUuctians far lino 12. pago 1,) Camploto Schodulo E only if 10\.11 rccoipts llino 'a olus linos 4 Ihraugh 10 an paso I. Farm 1120\ ale 5500.000 or moro. Ie) Peltrnl 01 P1'rurI' 01 COlpOlallon (0) or""..1 .""" (b) s.,.r ,,,",", n,m'" 1m. 4...". ,. I ,.0n.O (I) Am...n,.1 ..mpon..".n but"'l!St d Common Schedulo C I Dividends and Special Deducllons 2 Totll compensation of officors ...................... 3 Componsatlon of officors claimed on Schedule A and elsQwhere en roturn 4 Subtract line 3 from lino 2. Enter the result hero and on lino 12. p3qo 1 2 Hm cruol 'O,03:9~ 23-1709577 Pogo 2 1 Z 3 4 5 6 7 a 3 295. 2.925. 2 186. 265. 8 671. 1 695. 6 976. ~\ o Vos ~ No o ~ No (3) OI_u1,ndt "'l~.t..d (b).(" 70 80 ". InsllUctlo'\t 42 48 70 80 100 100 100 100 % % % % % % % % % % % % % % % Form 1120 t19'l-1l WEST SIIORE TAXI COMPANY 23-1709577 P.no 3 r Schedulo J I Tax Comoulallon 1 Chl'Gk litho COlpOfBbon 1'S i1 mllmber of" conuoUod lJroup (500 50CtJon!J 1!;G1 amJ 1~31 ..' . .0 2. II tho bolt on lintl 1 is checked, enlor tho cOfpOrlllJOlfs ~tl.llU 011110 $~,OOJ, $2~.<XX>, .1nd $9.9;:!5.COJ u..:lblu incomo brackot:1 tin lMt CldOl): I (311 ~ (1) 1$ I (2) 1$ b Enter tho COIPCI.ltiOn'S !;ll.l10 at: I (1) AddibonaI5~:' 1.'\.11. (1101lnOrO than $11.7501 I~ (2) Addition313~:' u.. (nol mOtD than $100,000) 3 Income laX. Check \IllS bolC. llthu CO,pOI.Hlon i3 a qUilllliofJ por~on.]l ~CfVlCU corporatlOn.15 definod ill .oction 448(d)(21 " ' ' , . . . . . . . . . . . ..' . ' , ..... . " , .0 3 O. .1. Foreign ~ Clcdlt (attaCh Form 1110) .1. b Possessions tax CIOClt (.uUtch FOlm 5735) , . . . 4b c Orphan drug credIt (atUch FOlm 6765) .,. . 4c d Chock: DNoncon\len~onnl sour eo luol cfedll 0 aEV crodlt {alt Form 8634) 4d a GanClal business credit. Entor here and check which forms alO ar..1ched: o 3800 03458 o 588-1 o &178 o 5765 o 8586 o 8ll3O o 8828 o 88J5 o 8844 o 88-15 o 8848 o 8847 40 I Credit for prior year minimum tax (attach Form 8827) " , '" 5 Totnl cradlts. Add linos 4a through 4f . . . . . . . . . . . . , , 5 O. 8 Subtract line 5 from line 3 ................... . 6 7 Personal holding company tax (att.1ch Schedule PH (Form t12011 7 B Recapture meso Chock if Irom: 0 Form 4255 o Form 8811 B 9. Alternative minimum tax (attach Form 4626) . . . . . . . . 9. b Environment.1\ tax (at"..1ch Form 4626) .. , . . . . . . . . 9b 10 Tolol tax. Add lines 6 ~hrouah 9b. Enter hero and on line 31. Dace 1 10 O. I Schedule K I Other Information (See DaDes 17 and 18 of instructions.) CFEi802 10103:9' 1 Check method of accounting: .0 C..h Ye. No 7 Was tho corporation il U.S. shareholder of any controlled Yes No b ~ Accrual cO Other (.pecily) ~___________ foreign corporation? (Seo sections 9S I and 951.) . . X 2 Refer to Page 19 of the instl'uctions and st.1to tho principal: If "Ves; attach Form 5471 fer each such corporation. . Business activ.tycode no. Ii- __4_1_0_0__________ Enter number (;f Forms 5471 attachod ~ --------- b Bu.iness .ctivity .. :r'_Rl'Ji_SYJ'-RYJl.Y)J'-N-----. 8 At any time during tho 1994 c.1lendar year, did the corp c Product or .eNica .. :r'JI._X)__S]:jty)-C]:------- have an interest in or il signaturo or other authority over a 3 Did the corporation at the end of tho tax year own, financial account in a foreign country (such as 3 bank direcUy or indirecUy, SO%. or more of tho voting stock of account, securities account. or other financial account)? X a domestic corporation? (For rules of atttlbution, see If "Ves," the corp may have to fite Form TO F 9O~22.1. .action 257(c),) ................. . .. , X If "Ves," entor name of foroign country ~ _________ If "Vos," attach a schedule showing: (a) name and 9 War:; tho corporation the grantor of, or transferor to, a identifying number. (bl percenlnge owned. .nd (c) Lu.bl. foreign Uust that existed during the current tax year, incomo or (loss) belore NOL and special deductions of whether or not tho corp has any beneficial Interest In it? If such corporation for the tax year ending with or Within your "Ves," the corp may have to file Forms 926. 3520, or 3520-A X tall. year. 10 Oid ono foreign person at any time duting tho tax year own, .\ Is tho corporation a subsidiary In an affilialed group or 3 directly or indirectly, atlo35t 25% of: (n) tho total voting parent-subsidiary controlled group? ,........ . X power 01 all class~ of stock of the corporation cntiUcd II "Ves," cnter employer identification number and nama to vote, or (b) tho total valuo of all classes of stock of tho of parent corporation ... ~_________________ corporation? If "Yes," X ------------------------------ Q Enter percentage owned... ._______________ b Enter owner's country Ii- ----------------.- 5 Oid any Individual, partnership, corporation, estate or c The corporation may have 10 file Form 5472. Enter number trust at the cnd of the t.1x year, own, directly or indirectly, 01 Forms 5472 attached ..._________________ 50% or moro of tho corporation's voting stock? (For rules 11 Check this boll. il tho corpOf'ation issued publicly o1fered 01 .t1Jibution, .ea soction <67(c),) . . . , , , . . , , . , X debt instruments wT\h originaJ issue discount ., . ,..0 If "Yes," attach a schedule showing namo and identifying If so, the corporation may havo to fila Form 828" number. (00 not Include any information already entered 12 Enter the amount of tax-exempt interest received or In 4 .bova,) Ent.r pelc.nlnga ownad .. ;to_O_._O_O_%___ accrued during the tax y831 ... $______________ 8 During this tax year, did tho corporation pay dividends 13 II thero wero 35 or fewer shale holders at tho end 01 tho tax (other than stock dividends and distributions in eJl.chnngo year, enter the number... ____2_____________ for stock) In excess at tho corporation's curren1,lnd 1411 the corporation has an NCl for tho tax year and Is accumulated earnings and profits? (See secs. 301 and 316.) X electing to forego the carryback period, chock hero ..~ If "Vos," filo Form 5452. If this is a consolidated return, 15 Enter tho available NOL canyover from prior tax years answer hero for tho parent corporation and on Form 651, (00 not reduce it by any deduction on Iino Alfiliations Schedule. for each subsidiaN. <9.,) . $ 422.942. 3 WEST SHORE TAXI COMPANY 23-1709577 Form 11;:0 (199'" PAn" 4 I Schedulo L I Balance Sheets Uoqlnnlnq Olt.l. 'Jcaf End 01 t:u: yont Auols --'n) (bl Ie) ld) , CJ:>h .,. . .,. . .., , ' ' z. Tfildo notes .1nd .1ccounts rt.ocolvablo 41795. 19791. b Loo;s allowanco for bad debts ( 41795. ( I 19791. J Inventories ....,... . 3295, 1695. .. U.S. government obligations 5 Tax-c.-ampt sccullties ... . 6 Othor curront assets (attach schodule) 8417. 6417. 7 Loans 10 stockholdors " , " , 6 Mortgage 3nd 1031 est.1to loans , ' 9 Othor lnvo!>tmonts (attach schodulo) 10. BUildings and other dcprcci.1bto J,sseti 250611. 217222. b Less accumulaled doprocialion ' , I 234779. 15832. I 214610. ) 2612. 11. Depletablo assets .... . b Loss accumulated depletion , , ( ( i lZ Land (not of any amorti:alion) 13n Intanglblo assots (amortizablo only) b Loss accumulated amortiz3tion I I ) '" Other Bssets (lutach schedule) " , ' , 34658, 34658. 15 Tot.,1 assets ......... . ' , 103997. 65173. llobIllU.. ond Slockholdor.' Equity 16 Accounts payablo ...... . , . .' , 82318. 59525. 17 MOllql<]lI, 1'10111, tlondl PlIWftble In len Itlln 1 yl'III 16 Other current liabilities (attach schedule) , , 31088, 41586. 19 loans from stockholdors ....... . ;:0 '''01'91;,s,no.,., bond. pllIy"b1e In 1 '1I1BI or mOte 321016. 295827. Zl Other liabilitios (attach schodulo) ZZ Capital stock: a Preferrod stock b Common stock ' , 20000. 20000. 20000. 20000. Z3 Paid-in or capitoll surplus ,. , 49933. 49933. z.. Retain,d ..r","g'_~PPIOpll'l.d call1en ,chedulel Z5 Rot.Jlncd earnings-Unappropriated .' . <400358.> <401698.> Z6 Les!I cost of troasury stock ...... . I I ( ) Z1 Toul liabilitlos and stockholder5' equity 103997. 65173. Uola: You aro not required to completo Schedules M~ 1 and M-2 below if tho 101.11 assets on Ii no 15. column (dl 01 Schedule L are less than 525.000. Schedule M-l Reconcillallon of Income Loss er Books With Income er Return 1 Not Incomo (loss) por books . . . . . . . < 13 4 0 . > 7 Incomo recordod on books this year not Z Fodornl incomo tax ........... included on this relurn (itemize): 3 e..coss of capiullosses Oller capit..1t gains ~~~;:;~tT'P~ . $~------------- 4 Income subject to bx nol recorded on books this yelH (itcmizol:_______________ a .------------------- -------------------- 5 Deductions on this roturn nol charged against book income this year (itemizo): a OeptCGiation $.____________ b Conlllbutlon' $ o;.lIfI)'O'.' .. ~-----------... ~----------------------- e..ponses recorded on books this year not deducted on this return (itemize): a Deprociation $ _____________ b Co"lrlbuHoM $ carryon' . . . c ~~~:~:.:~.nl' $ ____________~ ------------- -------------------- -------------------- ~------------------- 96 . 9 Add lines 7 ond a .,........, <1244. > 10 'ncomo (lin. 28. a . ll-lin. 6 loss Ii no 9 ro rioted Retained Earnln s er Books Line 25, Schedule L <400358. > 5 DisUibutions: a C1sh <1340.> bSlock ". cProperty .... 6 Other decreasos (itemize): ._______ .----------------------- S~_E_ AT.JAC]lJ:lt ____ _ _ _ JL6_._. Balanco at beginning of year Net Income (loss) per books ., . . . . . Other increases (itemizo): ~___________ ~------------------------ <1244.> ------------------------- .----..--------------- <401698.> 7 Add lines 5 and 6 . . . . . . . . . . . . < 4 01698 . > 6 Balnnco al ond of 00' (lin. 4 less lino 7 CFEi80J lOiOJ,9~ ------------------------- 4 Add lines 1.2. and 3 4 H773 r.'m 4562 Depreciation and Amortization (Including Information on Listed Property) ~~94 "'"i11ehmllnl !;'QUII"CIINo.67 Idll"lllylngnumtlll' OMI1 No. 1511'5.0112 O"pIIII",.nlollhll r,...tI'l' ,,.,..n.lfl,,..,,...S,,...c. .9". ~ Att.,ch this torm to your raturn. ".'''''I",.o..no,,'.IUI.' WEST SHORE TAXI COMPANY 23-1709577 1)(..1'''''' Ollltlhllv lu ....hleh It'"~ 'olmr.'.'.. FORM 1120 I Part I I Election To Expense Certain Tangible Property (Section 179) (Note: If you havu any "LiSlud Propurt,; complolo Part V bolalo au comelata Part I.) 1 Mo1JllmUm dollor limL3tion (If an onlcrpllso :0110 buslnes!I. seD instluctJons.) 2 Total cost at section 179 proporty placed in sOPlico during tho ton 'Ioar 3 Throshold cost of !taction 179 property boforo roduction in lirTllL1tion .. . . ., Reduction in limitation. Subtract lino J from Ii no 2. II :010 or less. onter ~O~ 5 Dollar limitation fOl tax yoar. Subtract lino 4 from lino 1. II :oro or less, enler .0., (II married filing se aratel , sea instruction!].) 1 2 3 4 17 500. 200 000 5 IIIOetcllPllcnolpICP'''Y IbleOll lCl(lel;lIlO'Oll 6 7 Listed property. Enter amount from lino 26 ..................... 7 o Total elected cost of section 179 property. Add amoun~ in column (c), lines 6 and 7 0 9 Tenl.3tivo deduction. Enler Iho smaller of lina 5 or Hno 8 .............. 9 10 Carryover of di:1allowod deduction from 1993 . . . . . . . . . . . . . . . . . . . . 10 11 Tallablo incomo limlbtion. Enter tho srm.ller of t..u:ablo incomo (not less than :oro) or lino 5 . II 12 Section 179 eltponso deduction. Add lines 9 and 10, but do net enlcr moro than line 11 .. 12 13 Car over of disallowed deduction to 1995, Add lines 9 and 10. less line 12 ...... 13 Nato: Do not use Par1l1 or Part III below for listed property (automobiles, cert.1in other vehiclos, cellul;u telephones, cortain computers, or property used for entcrtainmont. recreation. or 3musomont.) Instcad. usa Part V for lis led prope . Part II MACRS Depreciation For Assets Placed In Service ONLY During Your 1994 Tax Year (Do Not Include Listed Pro ert IblMonlhMcf '1."plaCllcf In 'ltl~ICfI tl,Cllulllcallon 01 plopltlly lA' O.p'lIcl8llon dedu,llon SecUon A - General Deprocl.ltlon 5 stem GoS) 14 a 3- ear prope b 5. car property c 7-yoar ptopor d 10. onr prope o 15- ear property , 20-yuar property 9 Residential renbl prope h Nonresidential tonl property 27,5\,s, 27.5 yrs. 39\,9, SoctJon 0 .. Alta,nntJvo Daproclatlon S starn 101M 101M 101M 101M ADS SiL S,L S,L S,L 15 a Class lira b 12.yoar c 40. ear MM ParI III Other De reclaUon Do Not Include Listed Pro ert 16 GDS and ADS deductions for assets placed in servico in bx yoars beginning boforo 1994 17 Propurty subject 10 section 168(1)(1) election 16 ACRS and othur depreciation "'," Port IV Summa 19 Listed proporty. Entor amountfrom lino 25 ............................. 20 Total. Add doductions on Iino 12, lines 14 and 151n column (g), and lines 16 through 19. Enlor hero and on tho apptoptlato lines of your ,eturn. (Partnerships and S corpotations - see instructions) 21 For assets shown abovo and placed In service doting tho current YOol', ontor tho ortlon of tho basis attributablo to section 263A costs . . . . . , . , . . . . . . ,. 21 Hna For Paperwo,k Roductlon Act NoUco, 500 pago 1 or tho soparato InstrucUons. S,L SiL S,L t6 17 16 9 175. 19 20 9 175. Form 4562 (1994) 5 CFZ206 09;21'94 WEST SHORE TAXI COMPANY 23-1709577 Form 4562 (10<).1) Pn 02 Part V Listed Properly - Automobiles, Certain Other Vehicles, Cellular Telephones, Certain Computers, and Property Used for Entertainment, Recreolion, or Amusement Fer any vulllclo lor which ','ou aro using tho 5t.lndard ml6.1go raiD or doducting tOJ50 a.pumo, complOIO only 223, 22b. column~ (<I) Ihroul)h (el 01 Sl'C!IOn ,\, all of Section O. and Sf!'Ctlon C;f acolicable. 50cllon A ... Ooproclntlon nnd Othor InlormntJon ,C.1utlon: S~O In::,uuctlon!J lor linllL1UOn'l for nutomobllo:J.1 Z2.3 00 ou hil\lO o\lidonco 10 '3UPPOft tho busine5sIinvostmon1 U50 clalmOll? Ll Yes 0 No 22b U"Ycs: is tho l]\lidonco wrllton? 0 Yos 0 No '" Type 01 '"0p."'I' 1II,I.'l\Itl., 111111 '" alll,pl.cea in,,'WIC, '" Ou..nll" in.e'lmenl "'" p..t.nt,'), ,., Co.l 0' OHIlII CUI. '" 0..", 1m '::_p,.c;lIllon 10u\,n..",'nwulmrnl H.nn!...1 '" O!!co...,'I' pelino lql ~.l"od' Con..nllan '" O.p,.c..llon d.dl,lcUon '" EI.(l.d uc.tlon 119 co,1 2J Prop.ny u,od morol" 50'~ in a QUrfiOd bU'i"Or' u.o: 24 Property used 50% or les, in a qualified business use: I I SiL - SIL - S/L - 2S Add amounts in column (hJ. Enter tho total hero and on line t9, pJt;e 1 ............... 25 26 Add amounts in column fiI. Enler the total here and on lino 7. ace 1 26 Section 0 - InformllUon on Usa of Vehlclos - II you deduct expenses for vehicles: . Always complete this scction for vehicles u:;ed by a solo proprielcr, partner. or other "moro than 5% owner," or related pOIson. . If au provided vehicles to employees. first answer the questions in Sec. C to see if you meel an ollccation to completing this sec. for thoso vehicles. W I ~ ~ ~ W W ZT Tolal business/investment miles driven during Vehicle 1 Vehicle 2 Vehicle 3 Vehiclo 4 Vehicle 5 Vehicle 6 the year (00 NOT include commuting mles) . 28 Total commuting mIles driven during tho year 29 Total other personal (noncommuting) milosdriven ........... ...... 30 Tolal miles driven during tho ye,3r. Add lines 27 through 29 Yos No Yos No Yos No Yos No Yos No Yos No 31 Was tho vohiclo availablo for personal uso during olf-duty hours? . . . . . . . . . . 32 Was tho vehicle used prilTl3flly by a more than 5% owner or related person? ... 33 Is another vehicle availablo for personal uso? ................ SecUon C .. QuesUons for Employers Who Provide VehIcles for Usa by TheIr Employees Answer those questions to determine if you meet an Q)lception to ccmpleting Section B. Nolo: St'CtJon B must always be com Iclcd for vchicles t:sed b solo ro rielofS. artners. or othl'f mero than 5% owners or related crsons. Yes No 34 00 you rroin13in a written policy statement that prohibib all perscnaJ uso of vehicles, Including commuting, by your employees? ................................................. 35 00 you maintain a written policy statement that prohibits personal ~e of vohicles. except commuting, by your employeos? (See imnructions for vehicles used by corporate OffiCCfS. directors. or 1% or mora owners.) 36 Do you treat all uso ot vehicles by employees as personal use? .................... 37 00 you provide moro than fivo vehicles to your employees and re~n lho information received from your employees concerning the use of tho vehicles? ...................................... 38 00 you meet tho requirements concerning qualified automobile demonstration use? .............. Note: If out answer 10 34. 35. 36. 37. or 38 is "Yes." au need nct complete S~on B for tho covered vehicles. Part VI Amortization '" O.,c/tptlol1o! CDII, 'b' Cat. amo,lIl.llo" !:I.gln, '" Amortlllbl. "moun' ,., Code ucllol1 lalAmorl perIod or pe,canlage <II AmorllUllon lotlhlsye"" 39 Amortization of costs that begins during your 1994 tax year: 40 Amortization of costs that be an beforo t994 . . . . . . . . . . . . . . 41 Total. Enter hero and on "Other Deductions" or "Other Ex our return Hn3 40 41 6 C;:~OI C!J120/9fo Net Operating Loss Carryover - 1994 Regular and Alternative Minimum Tax I 23-1709577 Forms 1120 and 4626 WEST SHORE TAXI COMPANY Worksheet REGULAR TAX From 110l C1rryforw.rd 10 Amount Doductod In Fiscal YOtU End Current Year Currant Yaar 1I0l C.rrvforward to lIaxl Va.. 12 31 79 12 31 80 12 31 81 12 31 82 12 31 83 12 31 84 12 31 85 12/31 86 12 31 87 12 31 88 12/31 89 12 '31 90 298 060, 298.060. 12 /31 91 49 683. 49 683. 12/31 92 47.653. 47.653. 12/31 93 27.546. 27.546. 12131)94 1 244. Total I 422 942. I 424.186. AlTERIIATIVE MIIIIMUM TAX From AMTIIOl Carryforward to Amount Deductod In Fiscal Year End Current Yoar Curront Yoar AMTNOl Corrvlorward 10 Naxl Va.. 12 31 79 12 31 80 12 31 81 12 31 82 12 31 83 12 31 84 12 31 85 12 31 86 12 31 87 12 31 88 12 31 89 12 31 90 298 060. 298 060. 12 31 91 49.683. 49.683. 12 31 92 47 653. 47 653. 12 31 93 27.546. 27.546. 12 31 94 1.244. Total I 422,942. I 424.186. C 1994 SC!l/Compul. 11 CF'CA91 10/:'0(94 851 Affiliations Schedule ... Fila ~Ilh each con9olld.lted Incomo Lu return Taxyear ending .. . L")=--.).':>.l.L 5 ~__...... "g --... .... FOlm (Rev. Scp'ember 1994) OMIl No. 1545-0025 D,p.'lm.nlolll'1.T'''''lIlY I""HI"I ""'''U' S"lI,n Corrunon paro('ll corporation \ . \ ~ \l. I=' 11\ X .L CCN, I~ 'V Number, streel, and room or SUllO no. {II a P. .001(, sou tn~tructlons.1 ;)..\0:' OLD '~'I\\1 ity or town, sUlo, and ZI cado \\A 't:c..1A \- " '\1..(. V'~ Employer IdcnUllc.:atlon number J:.') - i -, ,r, -7 I ~\ ( (";":l ~\) - f 7 C-l' '> I Part Il preoovment Credits Em~loyer Prepayment Cred~ No. Name and 3ddrcs~ of cotpor:ltion identification Portion of Porlion of estirT\Jted number Form 7004 t.1x credits t.u deoo5i~ ilnd denosits 1 Common p31ent corpor.atlon ........ . . . . . - - Subsidiary corporaUons: I. 2 Coy..<;c. \,,,....\,,,01 \';\ec.\-<.",c.", \.~ . v..c h '2, -:>-C).c,q~S - - 3 4 5 b 7 8 9 10 Tobls (Must eaual amounts shown on the consolidated tax return} . . . . ... .. .~ I Pari II I Votlna Stock Information, Prlncloal Business Actlvltv. Etc. (See in.uuction..l Oldlhe Slock holdings at beginning of year $ub$ldI4I1V PBA ml'..nv nondl.,.ld.nd Percent Owned by No. Principal bu~iness activity (PBA) Code dislI,bullon,i Number Percent or No. lS.. 01 voting 01 corporation In'lluellen$,l shares power value no. Yes No 1 Common parent corpor.1Uon , '. I. " ,.' "', . .' ", ! Subsidiary corpor.1Uons: 'X \QJ '/, \ 2 C.C'\.-:tV \"G'q,~ \'<'eC 'w:.. '^ ,c.', \s l'"y- . lOG ~' 3 ~' '/, 4 ~, II 5 ~, " G ~, '/, 7 ~' '/, 8 ./, 'f 9 ~' , 10 . , For Pap.rwol. R.ducllon Acl Nolle.. ".II'\'U. CSl Fo"" &51 cR.... 9.9'1 Form 851 (nev. 9-94) Pano 2 I Part 11I1 ChanQos In Stock HoldlnQs OurlnQ tho Year (See im.uuctions.) Ch3nljIJ in slock holdinl):i durinQ tho YC3I Corporation Slock- lbl_"-harcs. hCIO. anor holder (a) Change. c anfJM do~cr.bed (Corp. in column (a) No. Namo No.) 0.110 Percent Percent S h3u,~ Shares 01 01 3cquiwd disposed 0 ~~ting valuo ower tv I y),,- .. .. ~ . ., .. ~. % '% .. .. ~, ., .. '% % ~' .. .. ~. % Uota: If additional slock was issued, or if any stock WilS retired during the year, show tho dates and amounts for these u:J.ns.a.ctions. If the equitable owners of any capital stock shown above were other than the holders of record, give full details. ..~..l~....._.............._...................................-................-.-..-.........-............ ._---_....._-----_.._.--_..-------_.~--_.-------_._......._-_.~...__._..-.--_.-_..~----_..__....~_.........--...- .._..-_....__....._--~..._~...-.~..-.._..._...-_._....-....--....--.-..---...-...--.....-.--....--.--...--....-.. ...---.....--.-.----...---.-----.----......-...-..-......--.........--....................---.-..-.-..-.-..-.-..- ...--...-....-....-.......-.............-...--.---...............-..........-.-...-.-.--......-.-..-...-..-..-.-- -......-.............-..................---...-........-.-.......................-.....--.-..........--..-.....-. _..._......_-_..-......__..~._...._............_...........................-.........-............-..-.--...-.... .-.--.....-..-.....-..----.........-.....-....-..........-.......-.-....................-...-.....--...-......... Fo, Pap.,."OIl Reduc.llon Ac.t Nolin,... II\$Ir. cs. Fou" aStiR.....'.!., West Shore Taxi Company Form 1120, 10 #23-1700577 December 31, 1994 #23-1709577 #23-2029935 West Shore Consolidated Total Taxi Company Mechanicals, Inc Page 1, Line # 1 Sales $146,603 $121,995 $24,608 2 Cost of goods sold 6,976 2,295 4,681 ----------- ------------ ----------- 3 Gross Profit 139,627 119,700 19,927 5 Interest 625 580 45 9 Net gain/loss 10 Other Income ----------- ------------ ----------- Total income 140,252 120,280 19,972 ----------- ------------ ----------- 12 Compensation of officers 13 Salaries and wages 14,431 14,431 14 Repairs 20,887 20,827 60 15 Bad debts 16 Rents 26,481 26,481 17 Taxes 4,148 2,317 1,831 18 Interest 11,490 4,989 6,501 19 Contributions 20 Depreciation 9,175 8,662 513 23 Advertising 399 236 163 26 Other deductions 54,485 42,526 11,959 ----------- ------------ ----------- 27 Total deductions 141,496 120,469 21,027 ----------- ------------ ----------- 28 Taxable income before net operating loss deductions ($1,244) ($189) ($1,055) ----------- ------------ ----------- ----------- ------------ ----------- . . West Shore Taxi Company Form 1120, 10 #23-17095n December 31, 1994 Total #23-1709577 West Shore Taxi Company #23-2029935 Consolidated Mechanicals, Inc Page 1, Line 26 - Other Deductions Office supplies and expenses $3,416 $3,184 $232 Utilities 3,160 2,392 768 Telephone 6,926 6,281 645 Professional services 405 405 Insurance 36,819 26,505 10,314 Licenses and permits 300 300 Regulatory assessments 2,533 2,533 Miscellaneous 811 811 Dues & subscriptions 115 115 --------- ------------- ------------ $54,485 $42,526 $11,959 ========: ============= ------------ ------------ l'l]i $,;;,,; @~~ , ~ e fJol! "ul: ::< "'''' 0- "0 r;.: ~It~ ~I~~t ~ I I " U f- I fJ~'~ ~I" f- onl , , I , I , , , , , , , I , , , t-.O""o VGJ-O MID"" 0 ci uilli '" N e o '" ~ :~ w N '" N ri :!. -'" " 0>0>_ ,,"'... ol':ui jj ~ o , . I", U I (91"2.E 'Sl!- . 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II " , iii : , , " " , " " 8 : 0> , ui II , " " " " " Nfl 0" "lll " " !!!., " " , " 0_ o '" o '" :g~gc;; ("00 CD ,.:r-:ciri M~C") a;- N Ii C!. o m 0, o I') Ot--OM Nt7l0(") (")""0(1) -.irDOoi "'N... lli N N '" N ri :!. 0'= 00> 0'" On l:!.- '" '" .; M ti " " an ~ <0 " " , (0""01") UlNar) IllCOOC71 ':lI'ioO; ..,mNoo:r N in '" "! o :!. '" N '" .,; '" '" N '" oD 0> in <0 o oJ '" C!. M,...O_ r)t?OCJl W-OtO ":ociri Nt-I') '" a> "! ;;; =- " 0> ..: I') :g~g~ VCDOCh riodm ~N"f ::. '" 0> ... on !!!. 0'::- 8m dri l:!.- '" <0 .,; a> I') oJ '" in '" I') 8 :!. CDtOOM CO-OM 00001 ":"':oai MNN'lt I') .. " Z I -~ C) e~ ~ l::'il.. tt..J E "01Jl~~ u., ~ e c g. '" en it s to U"C En -.,-ecCl :Jel'CuCSo1elt:=' 04: CD c.r;!! ao"Cc.y H-....I:.-cU-1il1.:: <:~BO~.sJl~c:! ~,.., co @~~~ '" ~ h": :E =- - O'u ;g:l': 111:E. -tJl>- It' .~ -'0' OeD' >-10'" " '" '" ' " , " , ui~ . , " " . , , 8 n m Ii on , " , , " . , . , " , . , , . " " " , " . , " " on , . , " " " . ; , . " , . . , , Nii 0, "! . ,- , !!!ou , , , " CO) ii " " g ~ " , " 0'1 i: 0> " ri l~ , " " '" : ... , oD , ~ ~ , " " , " , . ~ : I') , .; , I') , " , " " , o ' 8 : N: , , " , " " , , 0> , 0> , ri :: I' " , " , , ; , " " , I , , " r;~ I') " ~ 11 o , !!lo, , , , , , Si ~ ~ $I o ~ , , 01 Ii 0> , ri : " , I " ~ on 10 '5 " " ~ " ~ u ~ ~ 0. .c ~ O~ I 'c <02- ~n: :::i ~ .. " " < b~ ,&-.- o~'5 I g ~ "Clu. . c :; 0>0> "'I') N<O trim a> " 0> " '" " ri r. '" " , " " " , o ii <0, " , ci It I " " " " o '" " o - 0>0> _I') 0<0 cOm N co ii m I: .; , In ~ " , 0>0> "'I') N<O trim , " " " " " " " , , " " " a> " 0> , '" " ri II N" " " , " " o ii <0 " " , ci II " " " , " o OD " o 0>0> -I') 0<0 cOcO N " a> " :a II ~. It M ~ " , " " " " " , " , " , " , U) r, :\l , ..: , ., " , " " " , , " 0' N" I') " ooi " " I " " I " ~ , " " , , " " " U) ii '" , "1 II ~ ~ " I In U f3 II ..: I '" , " " " " " I , II LO I: '" " " , ri u " " , " " " , " " " " " ,; " " " mil q :: (') ~ I; " " ~ :c J! i S~1J, ~i~ ! ~:g o"'.c Ii-I co 2'0 -;;~li e :; 1120 u.s. Corporation Income Tax Return l';'.UJ'w '0,4'1..)';) ;",m F<Jlc.""dll,..,"J'J10' tl.,,,.II]''',''''''"'1 . __ _ _ __ _.' ,']'J), '''i1I1l'I. _ ___ _ __. ." . - - -- ~~~)93 :)11Ulln,."IQIH..T",,"lY ~ In,UlJctJOIl" Atn '''"ftrnlf'!. Sn., PIIQQ I lor Pltluuwork nnducllol1 ,\cl thlllcn. ",.'''.111.~.."". !:...,c.. .\ Chl''lll,; Usn II i;"'O"J,fI'oj,,,,.'lca"f)f'''''''''lll' I C~,."Qllr="." ",,,,,n Z illS 23-1709577 lall.,,, O'Qpn "~1I Inbel QUill'" WEST SIIORE TAXI COHPMIY c i).I' '''C~'ClO,,,.':l , ~.~::~~~;;.'70'~?(o. [j Wl50, 2103 OLD 1I0LLOW ROAD 03/27/61L-_ J P"IO'''II ,'.,e.cO'P ple/lSo HECIIANICSBURG, PA 17055 o TQI"'U""U'::'OIC'"C''''''' ,,,.,,.II"'<J,,,t'''':H''.'Y print or Mlql.,I' 1 HI-H- 0 typo. ,.. ."'!r.:...~"~n" E C"It'" IICO:I,,,!:,. t"'" ." t! :,"I'II!..,".I" ':1 l.! r -".1 ,.!,~,,, ,J' , . c~.",;. 01 IJ':t." S 103 997. 1 B GrDH 1f(I,PIt 0' ''''.1 I 154,649. J b ltl"'''\.I'"I....Il,l.. I Ie ih, ~ 'e I 154,649. 2 Cost of ~CCd~ ~cld (ScnlJdulu t\ linu 81 2 I 19,784. 3 Gross prelil. Subtract Ii no 2 Irom hnt! ~c 3 134,B65. I . OiVldl!ndS (SChIH~ulo C. :inu 191 ., n 5 Inlere~t 5 I 1. e 6 Gross rcnt5 6 0 m 7 GlOSS IOlal!;!!!) 7 I e 8 I 8 C.lplt..11 g31n nel income (..ltt.1Ch SCl1edulc 0 IForm 11:01) 9 Net g310 or (IO~5l trem FOlm .1797. P:Ul11. lino;:O iJ.t'.Jcn Felm .J7lJ71 ~l - 10 ethor incemo (ar...lch ~ChcduJol 11 Totnllncome. Add lines 3 ttuounh 10 . ~ II 134.866. I 12 Compcns3tJon of ctflcels (SChedule E. tine 01) 12 I 00 1:3 0 Sal.:uilJs and ...."ges I 16,992. I b \.tn~""Dlmt :r_.::.l,j I c Boll .. 130 I 16.992. e , Repairs and maintenance I,' I 17.858. d 1. u I 15 end deots .5 I ~~ 16 Rents 16 I 31.100. II 17 Tolles 3nd Iiccn::>cs 17 I 1.836. o I no 18 Inlerest 18 14.208. . t Ch.1lltacle contnou:;cns (see instructions ler 1O~:' limlt.1tlcn) I I 19 I~ 19 So 20 Depreciation (olr..Jen Form J!;;62) I 14L037. on 121b e. 21 Le~ depreci3ticn c!olimed on SChedulo A 3nd else.....nero on return . 121. I 14.037. 10 22 Depletion Z1 nn 23 Advertslng 23 2.092. . 1 d Z4 PenSIon, proflt-sholr1ng, etc.. plans 24 , 0 Z5 Employee benefit prc<;rarr.$ Z5 ud eu 26 Other decuc::ons (olr.J.cn SCheCuie) :G 64.289. I e Tolill deductJons. ACd lene$ 12 ~nrou~n:'5 .. 'Z7 162 412. I t Z7 01 Z8 Taxable ir:~cme t:::efC.'o net cceraling Icss Ceduc:icn ar:c 'Scee:al deCL.:Cti1n:;. Subtr3Ct line 27 Irem line 11 28 I <27.546.> no 2901 .n 29 Lo.s: . .Iel ece,..ngloss deduc'cn .... .......... 29. I 395 396. . b Soecin\ deductions (Schedule C. line rol . I Z9b I 395.396. 30 TaKable Income. SuCtJ3ct line ,9c trom lir:e 28 30 I <422.942.> T 31 TolDl t.1x (SCtlCdule J. :ine 10) 31 O. . \~I I x 32 Paymonts: a ''12 o.,pml e'ec.tl!C'Q 199] . b 199~ nIt",.,,,,, I.. :llym.nl' II de.... n ct.." 1993 "'\.In" "DDlled 10' on fc'~ .10&66 ::1 32d I d e Tax deposited WIth Form 700J 320 I P I Credit ltom rcgulolled investment companIes {ar...1cn Fcrm 24391 321 I . y gCrecit far Federal t3Jt en fuels (ar..1cn Form J1361 32gl 32h m 33 Estmaled t3Jt panMy. Chetk If FOlm 2220 is oltt..1cned .. U ~ . n 34 Tax due. If line 32h is smaller than the t01.11 o'lines 31 and 33. enter amount owed t . 35 Overpaymont. If line 32h is 10lrger tholn the Ictal cllinos 31 and 33. enter :lIT~ount overpaid :l6 Enter olmount oil" 35 'fOU w3nt: Crodlted to 1'39-' estimated b;( .. Refunded ~ ~ I Unl::'" ll"n.III'" al ,1I'1\o1ly,1 I::ttl.l. U'II' M... ....'T"ntdltl" ,elu,n. nCIUd'"'1ac:crrCM1,n'l,en.C\.II''' IInd "l.,m"nl', IfId to Inll 0"1 CI ~1''lC'''ltd1jt Please &rid bto.l. ,III I'UI, tClltel. lfIC (C""OI.". ;Jtc.tI.ltDn ct :l'~c'''' 10'"'' 1~1lI'I1..llIWf!'llt tllttd en ..,. ,n'a,mlllc" ot "",etl p'"e.'" "It &1'1, ."C..I'lCq. Sign ~ I ~ Here 519"""IUI. 01 ollle'~/7 0".. tlll~ - P"O".'" ~ X tfr- i/ ! 10'" I uJ- .".".,' ,~.. ,.<u"" ",m..' - ':"/6/<jY- C"..c.11 P.ld '1<Jl'I.IUI. R~( (j -./7"' ttll.'I'T"C!'oy.,,(1 (f;e -r;':-';.,c;~ - Pre parer's ::clI * A.. "::no.."er -<,., -- \ FlrmlnA!T'l..ot ;1-::: t.~,-' t. ..- "-:.. E.1. 'io. .. Us. Only WOIJI'.I"'II~ ~ ;::!PCOOI ~ ~ ._ .",CIOYldl I'.l,~.~'." .;;~ Aridldd',,' ~ .. ,. f /~;-:: 1 Hn3 ::~ljac'J q::~,'J] 'a'", 7004 Application for Automatic Extension of Time To File Corporation Income Tax Return eMU '10, t5A~.02]] E.p".. 10-ll-'. ,,,,_.0'100" 19911 ;:"PlltI".nIOlll'..r""UIW :"""""Rew,m.,l' S."". [...Ol01.,'0."II.;(.1I(m.......0., ~um. 01 COIOOI.,lon 23-1709577 WEST SHORE TAXI COMPANY Ojlolmo.,. ,U"',"'iJ 'oomOI tll'" "o,lIl.P 1,). tlOI, .,.,"tlIU(IIO"1I 2103 OLD HOLLOW ROAD ClIy <II 10"", "",,&1'111 ZIP c;o':' HECHANICSBURG. PA 17055 Check type of 'clum to be filed: .JlI Form 1 I~O 0 Form I "OF o Form tt~O-A 0 Form tt~O-FSC o Form tt~O.DF 0 Form tt~O-H o Form l1::~L o Fcrm 11:0~NO o Form t1~O.PC o Ferm \l~O-FCL o Form 11=O.~EIT o Form tt~O-R1C o Fcrm t 1205 o Ferm S90-C o FCfm990~i Form l1ZOF 1II0rs: Check hero it you do not have an offico or placo or bUSlnoss in tho Umled Slates. . . . .. 0 . . . . . . . . . . . . 1 ;I I roquest an .3ulCrNtic 6~month extension of timo until.__ ___ ___ _ _jj_l_5___. 19 ~_4.. to (ile tho incomo tax roMn ol1ho corpomtion named 300'10 lor" ~ calendar year '9 ..-9..3..or .. [J L1.c. year beginmng ._______________.19 __a' and ending ._______________' '9 ._.' b If this tall year is fer less than 12 months. check reOlson: o Initial relurn 0 Final relurn 0 Change in accounting period 0 Consolidated return to be tiled z Tnx period CONSOLIDATED HECHANICALS, INC. 2103 OLD HOLLOW ROAD HECHANICSBURG PA ....,..... . . . . . . . . . . . . . . , . . . . 3 3 Tentative tax ............ . 4 Crodlt.: a Overpayment credited from prior year b Estimated t3Jl. payments for tho UlX year ...........,.... c Less retund for the tax year applied for on Form 4466 ......... o Credit from regulated Invostment companies I Credit for Federal tax on fuel. . . . . . . . . ""I 4bl ,J i Sal 4dl 4e 41 I 5 Total. Add line. 4d through 4f ................... ...... ............. 5 I 0 . 6 Balance duo. Subuact line 5 Irom line 3, Deposit this ..mount with a Fodoral Tax Deposit (FTO) CouDon. 6 I 0 . slqn.'u'....unc.' """.111.' 01 O.'IUf'l.1 CIC""ll'lalI nll.~1 Clf'" .ulI'lOIlUct Cy 11'1' .llC.I-fOlI.mlct ceree'.llcn 101'1'.". tnl' aCCloc.al1Cf'l. /II'Ict 10 In. cuI el my .nowlt'ctg. ano tlt'tl".lI'lIO'I:r;'I'm.ClI.,~I'II' ._~;tQ__~_______. .___LP~~-----------------_. ?;LtXb.'t_- 131c;naU,l1. 01 elllu' Of ag,nll Irml' 10.111 H773 For Paporwork Reduction Act Notice, Soe Instructions. Form 7004 (Rev. 10-91) C;:4!3: :!t1993 o. Inventory at beginning 01 ye.u Purch3ses ......... Cost cf labcr ........ " AaClibon31 sectlon Z6.3A cost; (ar.acn ~chedulo) 5 Other costs (3~Ch schedulo) 6 Tolal. Add lines 1 through 5 . 7 Inventory :1\ end 01 'Icar B Cost 01 gQods sold. SutlU3Ct line 7 lromlinO 6. Enter tlNO .1nd on p.Jgo I, line 2 9a Check 311 methOds used lor valuing closing inventory: o Co.t il!j Lower 01 cost or malket"' deSCl,bed in Regul."ns socbon 1.471-. o Writedown of subnormal gOOOS as described in Aegul3liOnS scc::on 1.-I71-2{C) o Other (Spoc.ty me'hod used .nd .nach e,pl.n.tion)" .------------------------------------------ b Check iI\ho LIFO .nven'ory method wa> .dop,ed Ih" "" year lor .ny gCCds 1.1 checked. .nacn Foron 9701 . . . . . . . . .. 0 C IllhO LIFO inven'o'Y m.thod was used lor th"'" year. entCf porcen,.'ge (cr .moun") 01 closing I I inventory compu,ed under liFO . . . . . . . . . . . . . . . . . . . . . . . . . .' W d Do the rules 01 soc"on .63,\ (lor prcpcl1y ploduc.d or 3Cqu;red Icr rc..iel.pply 10 Ihe ccrpor.lIon? ....... oW.. thero ony ch.nge in do'elminrng quonbti.., ccst. cr v.lu.tionS berHeen opening .nd closing invontcly7 if "Yes" attach exolanation WEST SHORE TAKI COMPANY Cost 01 Goods Sold Schedule C I DivIdends and Special Deductions 23-1709577 PIlr.O 2 1 Z 3 3 6 11 615. 167. 859. " 5 6 7 8 1 23 3 19 438. 079. 295. 784. DYes l!: No Yes il'l No (a) Qlw,c:llllnCI IlIIclt,..ood 70 80 I i"llI~i~jc", I .2 1 .8 1 70 \ 80 \ lCO I lCO \ 100 100 Dividends !rom le~$-th3n-'O~:.-cwned domestic corporations that atc s\Ocjec: to the 70~~ deduction (other than debt-financed steck) . . . . . . . 2 DividendS ftom 20~.fJ-or_more-owned dcmostic corporations that Olte subje-:t to the 8O~~ deduction (other than debt_financed stock) . , . . . . . , . . . . . . 3 Dividonds on debt-financed steck of domestic 3nd fcreign ccrporaticns (sec::cn 246M 4 Dividends on certain prelerred stock ollcss_than-2a~~-cwned public utlities . . . . . 5 Dividends on cer".ain prof erred Slock of zo%_or_mcre-owned public utllltes 6 Dividends trcm less_than-ZO~:'-owned foreign corpcrations and certain F5Cs that are subject to tno 70% deduc-Jon ............................ 7 DividendS trom zo%_or_more-owned foreign corpcrations and certain FSC3 that are subject to tho 8O~:' dedu~on ................ .......... 8 Dividends from wholly owned fereign subsici3ries subj to the 1CO~~ decu~on (see 245(b)) 9 Total. Add lines. \ through 8. See insUuctlons for lirrJutlcn ........ . . . . . . . 10 Dividends from dcmestic corporations received by a small business investment company operating under tho Small Business Investment Act of \95a . . . . . . 11 Dividends from corUlin FSCs that atc subject to the 100% deduction (seo::on 2ol5(cJ(1)) . . 12 Dividends from affillaled group members ~ubiect to tM lCO~~ deduction (sec:on 243(a}(J)) 13 Other dividends from foreign corporations not included on lines 3. 6. 7, 8. Of 11 14 Incomo from controlled fcreign ccrpcration3 under subpart F (attach Fcrm(sI5~11l 15 Foreign dividend gross-up (section 18) ...................... 16 IC-OISC and former DISC dividends nct included on iinos 1.2. or 3 (scc:on 246(dll 17 Other dividends ..................,.......... 18 Deduction for dividendS paid on certain prelerred stOCk 01 public utilities 19 101.31 dividends. Add lines 1 tntougn 17. Enler hero and on lino ol. page 1 ~ 20 Talal .peclal d.ducllon.. Add lines 9. 10. I I. 12. and 18. En,.r hero ond on line .9b. ooqe I . . . . . . . . .. Schedule E CompensaUon 01 011lcers (See instrue'Jon. fcr line 12, p.g. I.) Ccmple" Schedule E only il tc",1 reee;o" (line I. olu. line.. throuqh 10 on o.g. t. Form 1 1201.re S5CO.OOO or moro. (c) P'tIClnl 01 tlC~~~~~ ~~;~"lIon (.) N."" 01 ell'''' (b) Se,'" ,,'."" ".m'" 10m. ...oI...e (f) Am..."' el ,eme."''''." ::ut111ln 2 T0\:11 compensation 01 officors .................. 3 Compensa.tion of officers c!aimed on Schedule A and elsowhere on return 0\ Subtract line 3 frem lino 2. Emor 1M result here and on line 12. ca e 1 2 CFUO' 11 CV)] %1 %1 %1 ~ %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 1 For',n 11~ 11993' WEST SII - 577 P3CfI 3 I Schedulo J I Tnx Comoulatlon 1 Ch~k If Ihl) corpcr3bcn IS a momo.,r 01.1 conuclled Group (~~O "ec':lon~ 1:;61 and 1~6J1 ~Cl 23 II tho bo. on Iino 1 j" checked, tnlor thO cCfpcrallon's Sharo eltho $~O,C((), S:!5.c-.:O, ,]nd SJ.9;S,OCQ t.1J3blo incemo brackot:i (in that crderl: (1) Is I (~) Is I (3) Is b Enter tho corpOr3t10n', ~nJ.ro 01; (1) additional 5~~ 1."1X (n01 moro than S 11.7~OI I ~ I (2:) .1dClitionaI3~~ t.'l..1.(not mero th3n $1oo,C(01 J Inccmo laX. Check thIs bO. It tho ccrper.Hlcn is J quallfiod p~l~cn31 stH'Jlce ccrper.lten ,]5 definod in section 44ald)(21 .. . ..... . . . . . ~O 3 O. 4. Foreign tax credit (ar..1ch Form 1118) . . . . a. I b Possessions tJJt credit (att.1ch Form 5735) ab c Crphan drug crodit (anncn Form 6765) .le I d Check: ONonconventlonal source fuel crcdll 0 CEV credit Ian Fcrm a8341 ad I . Goneral businoss credit. Enler hcro and cneck .~hicn fcuns are iHt.:1Cnect o FOlmJBeo o FOlmJ"Ga o FOlm!;U" o FOI,"6H9 o ;:'cl",6T6S o Fal",85B6 o Falm al!~o o FOlm aa~6 o ;:':rmi!a~!:I . . a. f Credit for prior year minimum tax (alUch Form eS::!7) 41 5 ToUlI crodlts. Add lines 43 through Jf .,. . .,. . ., . 5 o . 6 Subtract line 5 from line 3 . . . . . . . . . . . . . . .. . 6 7 Personal holding company UX (attJ.ch Schedule PH (Fcrm 11;20)) 7 8 Recapture taxes. Check II horn: 0 Form 4,~5 o Forme6t1 8 9. Alternativo minimum t.u (attach Fcrm .1625) .,. . . . 9n b Environment.11 u.x (anacn Form 4625) .. . ... . . . 9b 10 ToUJ11nx. Add lines 6 :r.rouch St). Enter here ana on line 31, oace , . . 10 I o . I Schedule K I Other Information ISeeDaQeS 17 and 18 of instructions.) CF.liac:! I\.C!.9) 1 Check method of accounting: . 0 Cash VeslNol7 WJ~ the corporation a U.S. sharetlclder of nny conuolled Vesl No b E Accrual cO Other (specify) >:__________. fcreign corporation? (See sections 551 3nd 951.) .. . IX 2 Refer to Pago 19 at tno insltuctlons and st3le the principal: It "Ye~," ar..3Cn Form 5471 lor each scch corporaten. . Business activity code no. ... ._4)_0_0_________. Enler numcer 01 Forms 5.\71 ar..Jched ... ~-------- b Business .ctivity ~ :r_^lt1__SJ:_RyJ_C_E_______. 8 At any time during tho 1993 calencar year. did the corp c Product or service ~ :r_lY<_N_Sl'_O_R_T,!\_TJ_O.!L____ have 3n interest in or a signaturo cr other authority over a J Did tho corporation at tho end of the tax year c.....n, financial account in 3 foreign country (SUCh as a cank directly or indirectly, !O% or more of the vo:mg stctk at account. securities account, cr ether financial a~cunt)? X a comestic corporation? (For rules cf arJlbu:ion, see If "Yes,"lhe ccrp rr'.ay have to file Form iO F 00-22. t se<:tion 267(c).) .,.",..,.... . .. . .. . X 11 "Yes," enter name of foreign country .. _________ It "Yes," attach a schecule showing: (a) name and 9 VIas the ccrporation the granlor cf, or transfercr ::'1, a identifying number, (b) percentage owned. anCl (c) ~acle fcreign tru~t that exj~ted during the current tax year. income or (loss) bofere NCL and special decudons ot whether or nct tho corp has any beneficial interest in it? If such corporation for the ux year ending with cr within your "Yes." tho corp rr.ay have to file Forms 925, 35,0. or 35,O-A X tax year. 10 Did one foreign person at any time during the I.3..l year own, 4 Is the corporation a subsidiary in an affiliated ;reup cr a dir~y cr indirec'jy, at least 25% ci: (a) tho tct...1l',~ng parent-subsidiary contrciled sroup? . . . . . . . . . . X power of all classes 01 stock of the corporaton em:t:ed If "Yes" enter employer identification number and name :0 vote, or (b) tho totll value ct ail classes ot st:<:k of the of parent corporation" __________________ corporaton? If "Yes," X -----------------------------~ 3 Enter percentage awned ~.--------------- b Enter owner's country.. ~---------------- 5 Did any individual, partnership, corpor3lJOn, es~te or c iho ccrporatien may have to file Ferm 5472. Enter number trust at the end 01 the tax year, own. direc~y or indirectly, of Fcrms 5472 ar.3ched .. ----------------- 50% or moro of tho corporation.s vcting stock? (For rules 11 Check thiS box it tho corporation issued publicly cHefed ot attribution, see section ~57(c).) . . . . , . . . . , . , . X debt Instruments with original issue discount .. . .~D If "Yos," att.1ch a schedule showing name and identifying It so, the corporation may havo to fole Form 8281. number. (00 n01include any information already entered 1Z Enter the amount of tax-exempt interost received cr in a .bov..) En,., percen13ge owned ~ J._O_O_,_O.9J__. accrued during the lilX yoar ~ S ~ _ _ _ _ _ _ _ _ _ _ _ _. 6 Outing this tax year, did tho corpcmtion pay ci'/idends 1311 there were 35 cr fower sharenolders at Ihe end ci tho tax: (other than stock dividends and distributions in exchange year, onter the number ~ ____2____________. rer stock) in excess of the corporation's cuuem and 14 \I the COfporOltion has an NOL fer the t3.x year and is accumulated earnings and profits? (Seo sees. 301 and 316,) X elec:;ng to fcrego tho carryback ;:eriod, check here ~[J II "Yes." file Form 5452. If this is 3 consolidateC return, 15 Enler thO available NOL carryover trom prior ~ 'fears answer hero for the parent corporation and en Form 851, (00 nct reduce It by OIny deduc:on on line Affiliations Schedule. fer each subsiciarv, 293.1 .. S 395.396, ORE TAXI COMPANY 23 1709 3 WEST SHORE TAXI COHPANV Form 11~ 1993\ I Schedule L I Balance Sheets Assets 23-1709577 P~C::d ., End ot !.l. 'feta, lei I Beglnnu1Q ct l..11 'Ie;,! I "1 (bl l 67. ~ 59583. I 59583.1 3615. I I, Cd) 41795. c.un . . . . ::1 Tr3do notes "nct .1CCounr.s rC'Ct]lv.1CIO b Le!>:I 311ow3r.CO for bold deOI:S 3 Invontcfles.... " U.S. govefOment cbliC;:UIOM . 5 Tax-e:&cmpt securltU!5 ..' 6 Otner current ...s~els \atuch schlldulol 7 Loans to stockholders . 8 Mcngage 3nd fColl cs~to leans 9 Other investments (3:"..1Cn schedule) lOa Bulldings 3nd other depreciablo assets bLess accumulatod deprcciation t 13 Ooplotablo assols bLess accumul.llcd deoletion . 12 L:md (net 01 any amcrti:ation) 133 Intangible assotS (01mcrtl:ablo only) b Less accumulated amcrtization 14 Q1her assels (3tuch schedule) . . . 15 Tola135:;01S LI.bIllUe. .nd Stockholders' Equity Accounts payablo .......... 41795. 3295. 5199. 8417. 18000. 250611. 29972 . 234779. .( .1 3610l. I 152537. 72499. 3618l. 346281. 20000. 20000. 49933. 250611. I 220639:1 I 15832. \ 34658. 103997. 82318. 16 17 18 19 20 21 22 31088. ,",Olllj.-;.t.nOIU, bonc' Cl')'IOI' ,,..lft' I"'.'" l.,"ft! Other current liabilities (a\1.Jch schedule) . Loans from stockholders 321016. MattC;'I}It,I'lOIIt. bene' :lly'DI"l" 1'1".' or '"101. Other Iiacililies (atuch schedule) Capital stock: a Preferred sleck b Corr.rr:on steck Z3 P3id~in or capital surclus 24 R.I.,,,.4 .1I"'lI'Ig,..l.P:lIC:l11...4 c.lIltn ,en"Cl.Il.. 25 Retained earnings-Unapprcpri.ted < 3 7 2357 . > 26 Less cost of treasurl steck . , . . . . . } 27 TctalliabiHtie..nd Slcckholders' eou'ty 152537 . 103997 . 1/010: Vou are no1 reow/eo:o como Ie'. Scnedul.. M- 1 and M-2 bolow ,I ,he :...al ..selS on line IS. cclumn 101 01 Scnodule L ore less tMn $25.000. Schedule M-l Reconciliation of Income Loss er Books Wilh Income er Return 1 Net Income (loss) per books . . . . . , , < 2 8 0 0 1 . > 7 Income recorded on bocks this year not 2 Federallncomo tax .,........, I Included on this return (itemi:e): 3 e...ccss ot C:1pibllcsses over capital gains ~~~;:;~IT'Il~ . $.------------. 4 Income subject to tax not recorded on books this year (itemj:e):~______________ 20000. 49933. 20000. <400358.> } .------------------- -------------------- ------------------------ 8 Dcduc~ons on this relurn nct charged against ceck incomo this year liternl:c): .. Deprec:.1:lcn $_____________ b CCflH'CIlI-C"' $ '"Iya..., ,. ------------- 5 8pense~ recerded on books thiS year net deducted on lhis relurn (itemi::e): a Depreciation S _____________ b CcnUlbullcnS S Ulffyo~a' , , . C TI.~al and S enla,."t\m.nl . <27546.> -------------------- ------------- -------------------- ------------- -------------------- S~XXT=TXC}t}:A======)))=.=: 455. 9 <27546. >1 10 ro rialed Retained Earnin <372357. >1 $ DisU,bu,ons: <28001.> Balanco at beC;lOning ct'lear Net Income (loss) per bocks ....... Other increases (itemize): ____________ a C.1Sh b Slock .., c Prcpett'1 . , 6 Other cecreases (itemi:ej: ________ ------------------------- --------------------- ------------------------- 7 Add lin6 5 and 6 . . < 4 0 0 3 5 a . >1 8 Balance at end of ~eaf lline oS less lino 71 C;:;(.01 lUS.')] <400358.> ------------------------- 4 Add lines 1.2. and :3 4 ~orm 3~' Ine". t.~21 P~l;e 2 os In Slock Holdln s Durin the Ycar ISe~ Ins:"JC:lonS.1 :J?:'.al,on i::-:.t!'\c;~ ,n S'::.. "10'0"':;\ C:u"'''q :1'1" '.fUf ~~c. ~..I~.e Sloe... nO;CN I lCot:)O'~, I,on 1'01 lOll C~"'.;n lbl Snares 1Ie'c: .t~I!' C::-:.1rc;~\ Cl!~efl~ ,n C::lumnlJoI I ~l!.te~~:)t I P,reenl of I ...Clu'''Q :<l....er 'I31Ue CJo~e Snilres .a::',,:rt-: Sr.;]'es :'~:o::~CC cl I ! hJ/~ I ' I I I ~'o! % , I I % %. , J % I , I %i % i i %i % i I 1 %1 '% I I %1 % I ! %1 % Note; If ac:c;~Jcntll S:OCK 'Has i:wuec. or of a.,y s:::,i( was re:,rea c:.:nr:; =.":! ;/~!,'. s,-::..... ~.":e ca:es !.":: amc:.o::=s fe! :."lese :;am:a::icn::. If the equitable owners of any capital slock shown above were othcr than the holdcrs of recortl, give full details. ...................................................................................................................................................... ...................................................................................................................................................... \, . t- ....J:V..}...:i'....................................................................................................................................... ...................................................................................................................................................... ...................................................................................................................................................... ...................................................................................................................................................... ...................................................................................................................................................... ......................................................................................................................................................, 851.: ?I.:olisnec ~y iax Man3gomen~ Inc.. a Sucsldiary c! The euroau or Natlcr.aJ "(talrs. Inc. :.':.1/9~ ~2 '.'~ 4562 Depreclallon and Amorllzatlon (Including Informallon on L1gted Properly) ~~93 All.e""...,' S'Q~."(~ '40 fj1 121;:"~';~;~; 7 a...n "0. 154'!1-QI12 lltt...."....."".l...."., nlt...,II'..,<""."." ~ AU.,ch this form to ~our return. .. ,n" ,'-__ .___._._._., .",~_..,--~.- ""',""1/_"""""""'" WI';!;'\' 111100U: '\'M( I COMPANY 1I..ll"'I'" """'. ",..'\otIlU", fu""r""'1 11 ~O [ii'jl,iTTTloclhln 1'0 !:xpllnge Certain Tangible Properly (Secllon 179) (NOle: r1;l!l_~..ltl,!~_j~~.~..'.:~'ICI" you cQffloteld P311 U , M.'lI1l111111 dtJ",1I11Ullt.1l111ll11l an enll"pli!>1I ::0"0 busines~. se~ insUuCtlon~.) 2 ld.,' (0\11,)1 ,m;\JtHl Ill) plcpOIt'( placed in sef\'ICe during tho UJt Yll.1f J Th,..,llI:llt rust 01 ,,,ctllHl 179 plope'ty beloto reduction in lirr.!t.1tlOn . .l IlI,dudHlp Itl hnul.IIICHl SUbtr3Ct Iino 3 Ifom lino 2. but do nct enler 105" tl'1an -0- if you t1;1'o'1! .)1\'( "ll~ll'd P'CPClt/." .1 17,500. ~ J S2Q.Q...,JLll9- . " [Juli." 11lll,t.llllllllllf I.tll 'il',u, 5ubllJct lino 4 frOIll lino ,. but CO nOI cnler le~~ lt1an -0. (II mamcd filing "H~"p'~~!~IL~.~!!~~~tfUCllon"j ) 5 l.llhttl'pIlOMOI;>loo-Il't ,eleot! ltl El.cr." to,1 n 7 lYttoU plqlltlly. (nUH ilfllount !rom tino ~5 .'"... 7 B TuMI ~Im;totl co~l 01 ~p.ctJon 179 p,eperty, Add amount!! in cclumn (cl. line5 6 and 7 8 9 TltIlt.ltJ'l'O IJIJlJuclion, Enlof thQ smaller of line 5 or line 8 9 I 10 C.\If"O'lct 01 dj~i\lIo....cd deduction from 1992 , . . , . . 10 tiT .l,ablll Inceme h'11l1.11J0n, Enter thO SrNllef of wl1bte inceme or line 5 11 12 Section 119 "penn deduclJon. Add lines 9 3nd 10. but do nCl enter mcre th3n lino 11 121 1:) C.1U'fO'/f.'r 01 dl!i\lIo...."d deducncn to 199-'. Add line!! 900d to. less line 12 ' ...1,3 I I Uoto: 00 nol uso Part II or P3rl11l below fer listed prcpert( (3lJtCmObiles, cer..1ln Olner venic~es. cetlu!3r telepnanes. celt3ln computers. or property lJud ler ~nlftrt.,jnmflnf, rccre.1tion, 0' amusemenll, Instead. use P:ut VIer lis led prccertV. Port II MACRS Depreciallon For Assets Placed in Service ONLY During Your 1993 Tax Year Do Not Include Listed Pro ert lCIBul.lcrdpCII'C'lIllcn I tBut'''PU/,,,...If''!''PtH ute leI Reco.~ly Ct'Ily."",n"luc:IOr:U l)"ltod 191 Cpl)r.ct.llon dpcucllon IP,Ccnvenllon '.IC'.",llulIlono! DleD.'I,;, ,., Gontlral OOOlcCmllon Syo;lern (GDSi: _~t!a' (lICP"!I" lJ 5-'/l'lU PfOp,,1 C 1.yft.1I PIOOOl1', d 10- oar PfOf)""1'/ . Hi.yfHH pfOOl!lt :'O.yonr proom", no,It..lontal runtoll property 27.5 yr. MM 9 27.5 yr. 101M MM h tlontosldcnll,,1 real propert'1 MM 1~ AllafOau~o DeCre1:Hll10n S'r-item {,ADS I: n Clnss hIe I b 12. ear o .0- car I MM Part III Other De Do Not Include Ligted Pro 16 GDS and ADS deduc~ons fer 3sset:! placed in service in lJJt yeaf!l begInning belere 1993 17 Properly subject 10 section 1681111 II elCC'.ion 18 ACRS and other depreciation ..".. Part IV Summa 19 Listed property. Enter amount from line 25 "..',., ' , . , , . . , . . . , . , 20 Total. Add deduc:Jon5 on line 12. lines 14 Md 15 in cclumn 19l. and lines 16 thtOugh19, Enter hero and on tno approprl31e IInos of your tutum. (pannetshlp!l and S corporations - see insuucuonsl 21 FOf assets shown abavQ and placed in service during 1he current ye3f. enter the rr conion ot the basis altllbut.,blo to s~on :!63A co:;c 1211 ttn3 For Paperwork ReducUon Act UoUco. see pago 1 01 tho saparOlte InstrucUons. S,L S,L 5iL ~I 181 14,037. 19 ro 14 037. Form 456Z119931 6 CF;;':G :']:;'1] WEST SHORE TAXI COMPANY 23-1709577 '" Typ.at;llcOllly \",'....rlltl.' 111111 .b' CIIIgl.ud .(I,....,e. ". Ou'/ ,n.."lm'''' v" ;II'IC'l"Illq. '" 9..., leI ClIIOI.(,.IIOI"I ID""."""lrl'f.'II'Tl"'" u,",of'lI.,1 ," R.tc..~ly :l.lIod ";l "-A.'"Odf Ccn..ntlon ." O'IlI.tll'CO" d.dut!lcn I.' CO,I 01 011',.11 l:!.... 23 Prooert, used mero than SO'::' in a Qualified business use: I 24 Prooert., used ~O~. or less in 3 qualified busmess use: I S,L - SiL. 5iL - Z5 2.5 Add amounts in celumn (hI. Entor tho total hero and on lino 19. pago 1 ..........,.... 26 Add amounts in column li1. Enter 1he total here and on line 7. pa 01 . . . . . . . . . . . . . . . . . . SecUon B .. Information Regarding Uso of Vehiclos .. II you deduct expenses ler venic!es: . Alwa'f-l completo'his soc:on lor vehicles used by a sole proprie'cr, panner. er Olher "moro than 5~'. owner." or "Ia,ed person. . If you provided vehicles 10 emoloyees. f<rsl answer ,he ouestions in Soc. C:o sce if yeu meel an e,ceolion '0 completing 'his 'oc. (a) \ (b) (c) \ (d) (0) 27 Total businesS/investment moles driven during 'Ichic!e 1 Venicle 2 Vehicle 3 Vehicle' Vehicle 5 the year (DO NOT inclu~e commuling m,lesl . I I 28 Total cerr.rnuling miles droven during Ihe year I I Z9 iotal other personal (nonccmmuting) \ \ miles driven ........... ...... 30 iotal miles driven during the 'lear. \ \ Add lines 27 through Z9 Ye. No 1 Ye. flo Ye. flo I Ye. I flo \ I \ \ \ Ye. 31 Was the vehicle available fer personal use during otf-dut'1 hOUIS? . . . . . . . . , . 3Z Was the vehicle used pnm.'lrl1y by a more than 5% owner or related pefson? .., 33 Is another vehicle avaIlable for personal use? .................. Seellen C ... OuestJons for Employers Who Provldo Vehlclos for Usa by Their Employeos Answer theso quesbons to determ,no if you meet an e,ceplion to completing Scc'jon B. Not.: Soc:on B muSl .Iwa'f-l be comoleted fer vehicles used by seto proorietCf:l, oiutners. or omer mere tMn 5~~ owners or rel3ted cersons. 34 Do you maintain a wronen pelicy statemenlthat prohibits a,1 persenal use cf vehicles. including ccmmuting, by 'leur employe..? ................................................. 35 Do you maintain a wriMn policy sta\eme,lI thaI prcnibi's personal use ef ."nicles. except commutng, by your employees? (Seo insUucoons for vehicles used by corpof3'e officers. e.r""'ors, or 1~~ or mere cwnelS.) 36 00 you treat ail use of venie!es by employees as personal use? . . . . . . . . 37 Do you provode more than five vehicles :0 your employees and retam Ihe inform-alion roceived frcm your employeeS concerning the usa ot the venicles7 ,.."",..,..,.......,..,.,....,...... 38 00 you meet the reqUIrements concerning qualified au1cmoblle demonstJ'3tlCn uso? . . . . . . . . . . . Noto: If your answer 10 34. 35. 36. 37. er 38 is ..Y..... you need not cemelele Sec:ion B for Iho co',ered vehicle.. p art VI Amortization ...... . .bl cat,amoll ~.q'rn ". '\I"!"Cllllltll, 1~cunl ,.. Cc~' "c!lon 1.I,lmoll p"tOdOI :l~fC.,,"q" ". cucflPllonol ce,lS 39 Amerti::ation ct cos~ that t1egans dunnq your ~993 tax ye:u: I 40 Amortl:3t1on at cests that began before 1993 41 Tou!. Erner hero and on "Other Oeduc::Ons. or "~her E,:censes' line ct "cur return 40 .,1 c~:::::Ir ~4.' IG. ~3 7 ," E'.c"" ucl1onl19 (011 . ::51 fer ~hose vehicles. No \ I I \ \ lYe. I \ I (f) Vehicle 6 Yes No ,Ii ,1"'OIl'"t1en 'CflPlt,..".r /10 1 443. 1 443. 4626 Alternative Minimum Tax-Corporatlons OM9 No. l'U5.01U 'IlIm (Including environmental tax) UI,lllImfl1Iolt".t"..l.l,'I' ~ 500 sep.ral' InltructJons, ~~93 ''''I''''''''''''UIS."ICI ~ AtbCh to lho corporatJon', tAx return. ......... I E;P~O:~;~'~~';n;umD" WEST snonE TAXI COMPANY I h.."bld i"COIllO 01 (Iou) belolO net operating ton de<3uc:Jon. (Important: SOD instluctions if tne COfpOHltlOn IS .ubject 10 lho envi,onmunt.1' w.) ... . . . ..' . . . ... . ..... . . . . . . . . 1 <27.546.>. 2 Alllullmentl: . OeprocliSijOn 01 t.1n91bto pfOpOfty pl.lead in servico "lie' 1906 .... . ., . 24 I b Amortlzatlon of co.t1fled pollution control facIlities placed in servico after 1986 2b c ,\mott 01 owning Gaploratlon and development cosLS paId Of incurred after 198 2c d Amortization 01 circulation o..ptlnditures paid or incurred aNer 1986 (personal holding companlos only) ........ . . . . . , , . . . . . . . 2d . Onlll adlf1ltS in delt'UrT\loing gain or loss frem salo or e.chango 01 prcpert'( 20 f Lana-lor", contracts entered into 3"or Febru3ry 28,1986 2' Q Im1l4l1lmont sales 01 certain proport( .. . ,.."".. . 2g h MOlchant marino capital consuuction fuod~ .,...,., , 2h I Soctlon 63J(bl dod (BlUD Cross, Bluo Shield. similar type crgani:.1tions cnly) 2J I TdX shelter farm activities (personal servico corporations only) , . , . . . . , 21 k Passlvo activities (closoly held corp', and personal service corporations only) 2k I Cert.1.in loss lirruL3tions . . . , 2J I m Othor adjustmonts ",. , 2m n Combine lines 2a through 2m . . . . . . .,. . .. . . , , , . . , . .. . .,..,...,..,. . 2n 3 Tax proference Itoms: a Doplotion ,......., . .. . .., . ...,......... . 3a b Tax-exempt Inle,est from pllvalo activity bonds issued after August 7, 1986 3b C Ch3rit3ble conulbutions .... . ,.....,.,. , 3c d Intanglblo drilling costs .....,."".,., . 3d o Reserves for lassos on bad debts of financial im:ts1utions 3<l , Accelerated depreciation of real property placed in service before 1987 3' 9 Accelofl:lted depreciation of leased personal property placed in service belore 1987 (personal holding companies only) . , , . , . , . , , . , .. . 3g h Add lines 3a 'hrough 3g ."....,..,.,.,...,....., ..' .. . . . 3h 4 PreadJusunent atternativo minimum taxable inceme (AMTI), Combine lines 1, 2n. and Jh 4 I <27.546.> 5 Adlustod curront oamlngs (ACe) adJustmant: a Enl.' U'I. cafPafllllcn', .ACE ham Ii". 10 allh. waf_,"nl anOI;. a 011"4 Instlucllent . , sa I <27 546.> b Subtract line 4 from line Sa. II Uno 4 exceeds line !:a. enler the dir.erence 3S a I neg3t!vo number ....."...,...,......,."., , . . 5b c Multiply line 5b by 75% and enler the result as a positive number ,..' . 50 d Enter the excess. if any. of the corporation's total increases in AMTI frem prier year ACE adjustments over Its tetll reduc:ions in AMTI frem prior year ACE adjustments. Uota: You must en1er an amt en lino 5d (even if line Sb is positive) ,..,..,....,...,.,."...,.. , . . . . 5d o ACE adjustment: . If you enlered a positive number cr ::ero on line Sb. enter the amount from line Sc on lino 50 as 01 positive amount. } So . If you enlered a negative number on line Sb, enter the smaller of line 5c or line 5d on line 5e as a negative amount. 6 Combino lines" and 5e. If zero or loss, step here (tho corporation is not subject to the alternative minimum tax) ,.....',...., . 6 <27.546.> 7 Allornadvo tax not operating loss deduction 7 B AlIernatlvo minimum wablo Incomo. Subtract line 7 ~rcm lino 6 .. . ,....,."., . , . . . . , B <27.546.> Hn3 For Paperwork RoductJon Act HcUco, soe separate InsUuctlons. Form 4626 (1993) 8 Ci=;a82 11117.93 WEST SHORE TAXI COMPANY 23-1709577 Fo"" 462&"'131 Plq.2 9 Entrr the amount from line 8 (alternativo minimum w3ble income) ................. 10 E;tomptJon phue-out compuLaUon (it line 9 is $310.000 or mOle, skip linos lOa and lOb and enlor -0- on line IOc): a Subtract S 150.000 from IIno 9 (if you are completing this line for a member of a controllod group of corporations, see Instructions). JI the result is zero or less. enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 1001 0 . 9 <27 546.> b Multiply lino lOa by 25% ........................ . lOb c E:<emptlon. Subttaclllno lOb from $40,000 (it you .]f0 completing lhis line for it memcer 01 a controlled group of corporations, soe Instructions). If the result Is :010 or loss, enler ..0- ............. IOc 40 000. 11 Subllact line 10c from Iino 9. If the rosull is :elo or less. enter -0- ................... . 11 o. 12 Multiply lino 11 by 20% ......................................... . 12 13 Alternative minimum tax foreign tax crodit (See Instructions for lirroibtions.) 13 ............... . 14 Tentative minimum tax. Subtract lino 13 from lino t2 . . . . . . . . . . . " 15 Regular tax liabIlity before all credits except the foreign L1ll: cre~it and possessions tax credit 15 16 AllornatJvo minImum tax. Subtract line 15 from line 14. If the result is ::ero or less. enler -0-. Also enter the result on the Iino provided on lho corporation's income talt relurn (e.g.. if you are filing Form 1120 for 1993. enter this amount on line 9a. Schedule JI 17 Environmental tax. Subtract 52,000.000 frem line 6 (compu:ed without regard to the corporation's environmental tax deduction) and mutliply the excess, if any. by 0.12~~ (.0012). Enter tho result nero and on the line provided on tho corporation's income tax relurn (e.g., if you are filing Form 1120 for 1993. enter this amount on line 9b. Schedule J). If you are cemplenng this line for a member of a controlled group of corcorations. see Instructions . . . . . . . . . . . . . . . . . . . . 16 17 o. 9 :';;&95 11,.C<)/9] Question 3 Corporate Ownership 1993 Form 1120 Schedule K Su ortln Schedule EST SHORE TAXI COMPANY 23-1709577 (a) N.mo: ............................. Address: ............................ ONSOLIDATED MECHANICALS INC. 2103 OLD HOLLOW ROAD ECHANICSBURG PA ~7055 23-2029935 100.00 TIN: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (b) Percontage owned: ...................... (cl T"".ble incomo (loss): ..................... (a) Name: ............................. Address: ............................ TIN: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (b) Percont.1go owned: ...................... (c) T"".ble income (loss): ..................... (.) N.me: ............................. Address: ......................... TIN: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (b) Percentage owned: ...................... (c) T"".ble Incomo (loss): ..................... (0) N.me: ............................. Address: ............................ TIN: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (b) Percentago ownod: ...................... lc) T"".blo income (loss): ..................... o 1993 SCS,Ccmpule 10 CFOIU 01l/21f93 Net Operating Loss Carryover - 1993 Regular and Alternative Minimum Tax \ 23-1709577 Forms 1120 and 4626 WEST SHORE TJ\XI CO}olPMl'l Suooortlnq Schedule nEGlJU\n TAX \ From UOL c.1rf'tlorwoud \0 ,\mounl Oeductod In Fiscal Yo a' End Cunell' Yonf Current Yunr tieL C."ryforwftfd to Uaxt Yenr 12/31 78 I 12/31 79 \ 12 31 80 12 31 81 12 31 82 I 12 311 83 I I 12 31 84 \ 1 12 31 85 I 1 12 31 86 I T 121 31 87 I I 12 31 88 T 12 31 89 I I 12 31 90 298.060. I 298 060. 12 31 91 \ 49.683. 49 683. 121 31 92 I 47 653. I 47.653. 121 31 93 1 I 27.546. 1 Total I 395.396. I \ 422.942. AL lEntlAlIVE MllnMuM lAX From \ AMTllOL c.1Irylorword \0 \ Amount Doducted In \ AMTNOL carryforward to Next Year Fiscal Year End Current Vear Current Year 12731 78 1 1 -I 12 31 79 I I I 12 31 80 I I I 12 31181 \ I I 12 31 82 \ I I 12 31 83 -\ I I 12 31 84 I I T 12 31 85 I I I 12 31 86 -\ \ 12 31 T87 I 1 12 31 /88 I -\ 12 31 89 T I 12 31 90 I 298.060. I 298 060. 12 31 91 \ 49.683. I I 49.683. 12 31 92 I 47.653. I I 47 653. 12 T31 93 \ T I 27.546. I Total 1 395.396. I I 422.942. o 1993 SCS/Comoute 16 CF;i1'l\ ':.1:,;:3 West Shore Taxi Company Form 1120, 10 #23 -1700577 December 31, 1993 #23-1709577 #23-2)29935 West Shore Consolidated Total Taxi Company Mechanicals, Inc Page 1, Line # 1 Sales 5154,649 $121,300 533,340 2 Cost of goods sold 19,784 2,597 17,187 ----------- ------------ ----------- 3 Gross Profit 134,865 118,712 16,153 5 Interest 1 1 9 Net gainAoss 10 Other Income ----------- ------------ ----------- Total income 134,866 118,712 16,154 ----------- ------------ ----------- 12 Compensation of officers 13 Salaries and wages 16,992 12,623 4,369 14 Repairs 17,858 17,573 285 15 Bad debts 16 Rents 31,100 15,550 15,550 17 Taxes 1,836 997 839 18 Interest 14,208 5,411 8,797 19 Contributions 20 Depreciation 14,037 8,145 5,892 23 Advertising 2,092 1,110 982 26 Other deductions 64,289 47,816 16,473 ----------- ------------ ----------- 27 Total deductions 162,412 109,225 53,187 ----------- ------------ ----------- 28 Taxable income before net operating loss deductions ($27,546) $9,487 ($37,033) ----------- ------------ ----------- ----------- ------------ ----------- West Shore Taxi Company Form 1120, 10 #23-1700577 December 31, 1993 #23-1709577 #23-~29935 West Shore Consolidated Total Taxi Company Mechanicals, Inc Page 2, Schedule A, Line # 1 Inventory at beginning year $3,615 $1,000 $2,615 2 Purchases 6,167 2,277 .. 3,890 3 Cost of labor 11,859 11 ,859 4(b)Other costs 1,438 1,438 ---------. ---------- -------------. 5 Total - lines 1 through 4(b) 23,079 3,277 19,802 6 Inventory at end of year 3,295 680 2,615 ---------. ---------- -------------. 7 Cost of goods sold $19,784 $2,597 $1},187 ---------. ---------- -------------. ---------. ---------- -------------- Page 2, Schedule A, Line #4 Miscellaneous delivery expenses uniforms, and supplies Vehicle Expenses Licenses & Permits Education & Training Selling expenses & Brochures 523 602 217 60 36 523 602 217 60 36 ---------. ---------- -------------. _________. __________ -------______0 ---------. ---------- -------------. 1,438 1,438 ** Net change in repair parts and gasoline inventories West Shore Taxi Company Form 1120, 10 #23-1709577 December 31, 1993 Total #23-1709577 West Shore Taxi Company #23-2)29935 Consolidated Mechanicals, Inc Page 1. Line 26 - Other Deductions Office supplies and expenses $2,900 $2,591 $309 Utilities 3,832 3,512 320 Telephone 8,594 7,484 1,110 Professional services 2,Ce8 848 1,220 Insurance 40,266 30,653 9,613 Vehicle repairs and maintenance 0 Licenses and permits 419 419 Regulatory assessments 2,100 2,100 Amortization 1,443 1,443 Meals & Entertainment 0 Miscellaneous 0 Franchise fees 2,458 2,458 Dues & subscriptions 209 209 --------. ------------- ------------ $64,289 $47,816 $16,473 --------. ------------- ------------ --------. ------------- ------------ 1120 u.s. Corporation Incomo Tax Hoturn 1:',U'"n, l!>a~.t)ln fo.;l (",,,nil'" '')~': t" 1110 ~"" "'oJ'''''''''l . _ __._ _ _...._.' ~'J'Jl..,,~"''J. _._ _ _ _ _ -. ."1 'il!f]92 ~~~::fl"'."llllln.ll"u'''i ~ II1!Olfucllon'l aft) !il!l1iH.llU, 5l!11 naolt I lor P.llll'lwork Uollucllon Acl Ilo1h:n. . -_. m,,,,,,,,IP,,.,,",,,,:;..,,,rll ^ ,;111'(",1,,: U'$1l II t. r1'r"J~.' 1J;l..,Ullcl'Il!un "''"'Elf! tIlC..."cII,!..'".J'''I."" ~ IllS 23-1709577 IAIlI\C" I l:,mf.!.,ll Int.H~1 Olhcr- WES'l' SIlORE 'l'AXI COMPANY G u." "'tlllpOlllll.'1 ,:, ".'\0",,'111,1,11.,.1") (] wlsu, 2103 OLD 1l00.LOW ROAD _QU27L68 --- 1111"",.:;,,.,.1"11 1)1 1,."c""I,...I<." ('')1[1 I1llJ,'~I) MECIlANICSDURG, PA 17055 U Tlll.lIU'''UI'.''::jJII<:llIcl",U IH "..Il.....lh' ~..wrl:!/lIl prInt ur jI"q\.HC. I.U'.<4'~ rl typo. --1.'::' '''1It"cll".~U--..-_..:..- t:. Ct'...cll /I1'~IIU~'.I.c'''\' ,11 1.1"\11'111''''''11\ ,:, I J r ,,,~I '..h,'" '0' i..J ~""".""'""C'"'' 5 152,537. 1 nlhcJI''"'''';I11cl 111'1:1 L_~ 00 3. I b l..".rl\," 1." :... L Ie Unl ~ ~c~ 230,003. 2 Cc~t 01 9ccd~ scld (~cht!l1u!o ,\, lino 0) 30.564. J GIO::;~ prcl,t. SlJblt.1Ct Ilno 2 !rom Ii no Ie _3 199,439~ I 0\ Dividend:; (Schedul') C, lin!) 19) 0\ 11 5 Intc/cst ..L_ 26. c 6 G,O:::S relit::; 6 0 111 7 Gres.. rC"J~tic:; 7 0 8 CapItal GJin net incclI1!J {attach Schedule 0 (Fclln 11;:0)) 8 9 Not Qain or (Ies:::) flom FOlln 4197, Pmt II, lino ~O (;1.1\;1CIl Fc~m ';7Ji) 9 I 10 Other ir,cemo (~co inslrwction5nalt..lcll ::;chcdu:c) 10 11 Tot01II"col11o. AcId lir.cs 3 tluounh 10 ~ 11 199.465. D 12 Compensation 01 C~f;CC(~ (Schedulo c,lino .1) 12 . 13nSalarics and w.1~csl 5 5 ~~J b te:> jco, c,eC'! I I C Soli 13c 55,345. dl ~ u I 1.\ Rcpa;ls I,' 602. elll 293. I I IS Il.d deb" IS I I 16 RenlS 16 32,189. 0. 111 17 T:ue:$ =it1 8 953. s I Intetest 18: 710. . 10 511 19 Chari'..1b!c ccnltibutiom (sea InsUuctlon~ for 10':~ Iilllit:1tion) 19 .s I 20 I 16.347. . 20 Deprecia'Jan {ar..:lch Form 4~G2) 0 21 Less depreciation claimed on Schedu!~ A and elscwhero C~ rc:...rn 21b 16,347. I n 21. I n 22 Depletion 22 sd 1 160. r 0 2J Ad'lertislng 23 lid 24 Pcns!cn, prafit~sh,"ing. c:e.. pl.:1n5 2,' c u I c 25 Emplo;'!!o benefit programs 25 1 I 26 ~her ceduelicns (.ll:ach schcdt;:p.) 113.519. 01 26 110 27 Tolal deductions. ;'.dd lincs 12 through ~6 ~ 27 247.118. on <47,653.> s 28 T~ablc ir:ccrr.o befere net cpcra:mg le55 do.:duCl,c.n J.r,d s;:t:.': .11 C:~::L.'::'r!;' Sl.Oblj:.Cl hrc 21 frcm hnc 11 28 r 29 Less: .. tJct apcra:mg 105'3 deductJon ,.,.... . .' . 29" I 347 .743 . 2901 0 r b Special dcduc:ion'3 (Schedl;:c C. line ;'0) . 12Gb I 347 743. 30 Taxablo Incomo. Subtr3Ct lino 29c !rcmliM ,8 30 <395,396.> T 31 Totalt...u: (Schedu!o J. lino 10) 31 O. " x 32 P"ymcnl5: a '91 Cllpml clet:lled 10 19~;! 3Z. I I b l':92est,:r."ledll\lp'\JT"tnl' 32b I , n I n Olen IS~2,,:lund";'lpl'ed 101 c"lFolr:'l.::.:CG 3ZC II I d",,~ ~l d o Tax depc::ited wilh Form 7004 3Zo I P f Cred:t from regulaled i1westment companies (i1r-aclt Fcrm ~~3;1 3ZfT n y gCred:t for Federal lax on fuels (attach Ferm ~ 1JG). See ins:I'..:c:J~ns 3Zg I JZh III 33 Estirr.J.tcd tax penalty (see instructions), Check if Form 22,0 ;'i a~~Jct1ed 0 0 ~ 33 n 34 Tax duo. If lino 32h is smaller than the total of lines 31 and 33, enter amount c....'cd 34 I 0 3S Overpayment. If Hna 3211 is larger lhan the total olliMS 31 arid 33, er.:cr amount c'lcfp~id 35 36 Enler amount of In 35 you Wi1n1: Credited to 1993 estimated t.:u ... Rofunded .. 36 Please tine., p"r.IIII., cl p"qUlY,' e:"C:Alel:"1al I hllw" ~..:r:I"le~ 1fl,' "L..r,~, ,!'\';''':-::'~; .::j..r'::4fI,,'~:J \C!lfClJ',,"' l'ld ,11I1,,"~..nll.llnd 10 11'1" cui 01 mv Il,nowltt"ge and b.llef.1t J, lful!, cOII,el, end CCf'npl"IIJ', Ofcl.rlltlen 01 ~!t'p.,,: lel!"'..' :".., ~ll.;:.,.tlll, t:"'tC: el1 111 infOllT.IlI'on 01 ",hleh p"pllle' flU any Il,l1owwl"dg". Sign ~ I ~ Here Slgnalule cl ollice' Oil" r.l:e P/e;::III,,'1 ~ &- 1tJ ~' , 10... I: J P"p.""..o,~, u<u'''Y numb" .... _. Checll.U Paid ,1!iflIlIUle /.. 1-,u'_L -"'_ l;'LUI}---'.r::::- '1/.<, /<.'1 .."-.mb'.Y'c& led .6Q.J.j \,;:)'-{- Pre parer's Fhrn"r.am"lol~ Sc:.:rtA.'.:,.;.".":.}.....J / E.'. r40. ~ Us. Only yours.,lnlf- -S'I"~. ~.ir"""';;"-(\"'" ZIP Co~. .. em;::loYIC~1 ;7(.'<;-;'- &1'Idlddren . "'"....~ ..,. '_':~~,...: 11:- ;> .~ , . 1 H113 CFH~3 !;,?,'1.'~2 TAXI COMPANY 23-1709577 PiHJ!) 2 Cost of Goods Sold ---.---.- -.-------.----------- ---.,- -- 546"5:'- __._._ _1____ __~. __,__-1,583-'-- _~____,__ 16} 663. " -5- -- '---T-T6~ _._ ________'-1-.___ .-!!... _____ 3 ,\_t-!JJl_,--_ -.!..-, ~ 615-,-- o 30,564. 1 1""cnloIY at bCGinfllnu cl ye.u Z Purchases ....,.... 3 Co~t of 1011)01 ..".., ., Addition;'!l section 263A cosl'l (01Il.1cl1 ~Cllc(hJ!l>) 5 Other c051~ (a113cl1 5cl1cduio) G lotnl. Add line! 1 through 5 ... 7 Inventory at cnd of ~'oar 8 Cost 01 goods sold. Sublr..,c' line 7 !rcmlino 6. EnW helo nnd C:l ,.:llJtJ 1, lino 2 9a Check nil methods used lor valuing clo:ling inventory: (I) 0 Gost (II) ~ Lewer 01 C05! or rTwkct as t1e~cribcd;1l Regulatioll:> !:occlle" 1.4/1.': (III) 0 \'Ilitcdown OI"5ubnorrnal~ goods JS dC~Clibcd in ncg'J::.::cns !.cct~an 1.-1;1-,(c) (Iv) 0 Other (Specity method us~d and altach e,planation,) ~ .-- --..---- ------- - - ------ --- ------- -----. b Check ,('he LIFO inventory me'hod \'1,15 adcpt.d th;' la. '1." fe' "roy ~aod' (,I chec~.ed, a"aell Form 9;el .. IJ c 11 tho UFO inventory mettled was used lor this la.. yellr. cntL'r pc:cef.~,lr,l) (Qr arnount:>) cl clc:;ing \ I inventOlY ccmpu,ed under LIFO .......... . . . . . . . . . . . . . . . . . . . . . . . . . .. ~ 0 . d 00 tho rules cf :;cction ::6~A (for properly produced or acquirr:d 'cr r~'ialc) apply to !lIC ccrpcra:,GIl? LJ YO!i ~ No o Was thero any chango in dete/mining quantities, cost, cr \'3Iuat;c:-,~ between opening and elcs;nq inventel,? U"Ycs,4 Bttach c~pI3r.1tiof1 ..........,.... (")D;...:,'nc.:\ o Yes ill! No (c) 311'H.11l1 ue":utlIQnl: lal"lbl (b) ". Schedule C I Dividends and Special Deductions ,~t..,.~u 2 Dividend:; frem less.tl1an~20%-owncd dOIllt!Slic COlporMiens u..:;.t ~rl! :>ubjl!C' to the 70~~ deduction (ether ttlJn debt-linar,ced stock) .....,....,...... Dividends frcm 20%_or~morc-owned dorncs\ic celpcr:ttioM :t',~~ ,:HC ~ubjcclto till} eQ% deduction (ether tr,iln dctt.linanccd !:tock) "..,., ' . . , . . . . Dividcnd~ on cet.t-financed steck cI dClT~e!ltic and fcrc:gn cc(r-crJ.::cr.~ ($ec~ion 2.liJA) Dividend~ on certain pre!t'rfed ~tock ef :es'i_than_20;~-owncd p:.ot:Fc utll;tiQ~ , . . , . Dividends on cer'3il\ preferred steck 01 ::::O%.(Jr_molo-ollncd p;o:Fc l..t:litics Dividends from Icss_thiln_20%_owned foreign ccrporations :tnd ccr~:'lin FSCs that ala subjec' 10 'ho ;0% deduction ,....,..... . . . . . . . . , . Dividends frem 20%.or-morc-owncd ler\!inn cOlpofaticn~ and ccr-ain FSCs that :lre 5ubjectlo thQ 80% deduction . . . . . . . . . . . . . . . . . . . . . . Dividends Irem wholl" owned ~crc;gn stobsidiarle5 subj to tho 'C')~,; ccducticn (see 2.1={b)) Tot"'. Add lines 1lhrough a. See inS!Iucl;Ons for limjt3~icn ' , . . . . . . . . . . . Dividends frcm domestic ccrperatiom received by a sm,dl busir,es~ :r1'Jcstn',cnt company operating under thl: Srr.all Business Inve!:.trr.cnt Act 01 ~E~ . . . . . . Dividends from certain FSCs thai aro SlJbjcct ~o tho iCO% deduc:.:cn (section 24S{cl( 1)) Dividends frem aff;liated group melr.bels subject 10 tho 100% deO::l..c~cn (scc:ion 2":!(a)(3)) Other dividends Irem fereign CClpCl.'~on~ net ir,cludcd on line').;,!J. 7, 8. or 11 Incerno flam contrcned foreign CClpcrations under !a.bpar' F (a:-.a~h rcrrn(::;) 5,\71) Foreign dividend gfC'iS-Up (::;ecticn 76) ...................... Ie-DISC and lor mer DISC di'Jidcnds net included on linc~ 1, 2. ~r J {section 2.\G(lJ)) Other dividends ......................, Deduction let dividcnd~ paid on certain preferred ::;tociot cf public U:I:,";CS To,.,1 dividends. Add lines 1lhrcugh 17. Enter hero and on line .:. p.:!go 1 ~ 100 100 100 70 _~ 80 I ,,..,,,~",llcr., 0\1.176 n.059 3 4 5 6 70 7 80 100 o 9 10 11 12 13 14 15 16 17 18 19 20 Total doductlon5./~dd lines 9. to. 1" 12. tlnd 18. Enter hero ar,C: on lino 29b. page 1 . . . . . . . . . . . ~ Schedule E Compensation of Officers (See [n,uucticM !cr line 12, page 1.) Completo Schedule E cnly il total feceip:s (Iino 13 :lu5 lines 4 through '001 page 1. Form 1120) aro S5oo.oo0 or mOIO. I (C)f'elcenlol r.~'c~~~~. ~':.:~~~"I,on (3) N..",. or oil Ice' (b) Socl11 ucv"IV ,.,\;~,:tl I.m. ~e.ol." III (I) ;'",ou,.,1 01 comp.Mullon tu,l~e" % % % % % 2 Total componsation 01 officer3 .................... 3 Compensation of officers claimed on Schedule A and elsewhere en return 4 Subunclline 3 from lino 2. Enter tho result hero and on Hno 12. par;e 1 2 CHI:l C";;:9,'j:! I Chcl;k illlllJ coqJOr,lliofl i'i.' 11llJllil;I'f nl.Il:0Ilth)l:ntl UIOUjl (SUl! ~.'d'lln.. IUil ,1I1tl I!':li:l) 2 IIthu bow. en linn 1 i~ l;heclu'lJ: n (nter t1H! corpcfi\!ion''i Sh.lllt ollllu S!iQ,COO .'\Ill! i;;!;,OOO t.,.abiu II\r.O:l~O Ilf.1C"r.t ,ullOunI5!illltl,11 t;tdCl)' (II IS J(II}I~____________J L b [fllt!f 1110 ccrp'$ !.ollarll of tllo .1~d,lJtJr1;11 ~{,:. t." (nella (..cceLl S 11.7~OI" ~______.nn,.".______J 3 IncQlIio '..1;0:, Cla'ck "Ii.. tw;o: 11 !f\u cO/llc,,\Iinl1 i'l a qlJ.llil;L'(j Pl'lscr.:t1 :;tJr'VICO CO'l101:1.lion a.. 11ej,nl!d 111 ~cctjOf1 .'48(d}(;') (::01) imttuctioll~ on p3IJO 101) 4., Fercign 1.11( CfClllt tatt.leh Form 111ll) b PC!i~t!:;!>jon~ 1.1,( crctll! (allllch Fefm 5/J~!) c Crphan llru!J crellll (;l113c/1 Far III n"G~) tI Crodl! fer luel plOduccd fforn :t nonconvention.ll !;OUfCO . o Goner.,1 bu~inc~s credi!. Enler hOlD am! clll!ck which lorn~. .!.fD a~~J.cr.IJ{1: [] Fcrm35CO L1Folln3.leO [J FClIlIS504 IJ ForI1\6.I,O o Fcrm 5.55 0 Falin eS85 [] Forl1\ 0020 L] Fell" 85:0 f ClcCl1 for prier YCM lninimurn 1.lJ( (at:,lch Form 0827) 5 Total credits, Add lines 411 through';f G Subtract lino 5 from I;no 3 7 PClsonal herding company 1.1.( (a!lach Schcclu!o PH (Felm 112JI) 8 Recapture t.1..es. Check jf ftom: 0 Fcrrn ';,~5 0 Form Cull 901 ,\llernati...e mir.imum t.1X (allach Form .\62G) b En....ironmental t..1X (att,lch FOlm .:6,6) 10 Tol:ll tax, ;..dd lines 61hrouQh 9b. En:€lr here afid en tino 31. QJ~~ 1 I Schedule K I Other Information 1 Check method 01 accounting: a 0 C"h biZ ,\ccruJI e [] Other (,pecrty) .. ._________________. 2 Refer to tho list in the ir;struc:.ions :lnd sUlo Ihe p/lncip.ll: a 9u!:inessactivitycodeno. ~ ._4_1_0_0_________. b 8u,ineso activity .. f_A_X)__S-',_R_V)_C_E_______. c Product orscrvice .. f..R!'_N_Sl'_O_R_T_A_T_tOY_ _ _ _. 3 Did tho corporation at tho end of the la:( yeJ.r o.....n, Citectly or indirectly, 50~:' or moro oltl1o ....oting stcck ef n domestic corporation? (For rules of attribu:icn, ::ce sec~on :;57(c).) If "Yes," attach a schedulo shewing: (a) narr:~ Mid iccmifyir.g number; (b) percentage o.'med; :lr.d (cl ~a'.1b!e ir,ccme or (loss) belcro NOL and spec;.11 deducticns of sueh corporation ror the tax ~'ear ending with cr .....;th;n your tax icar. 4 O:d any indi....idual. p.lltnership, corporation, eSL.1te, or ttusl at tho end or tho 1.1.X year cwn, c;reetly or indirec:::I, 50% or mOfl;! of the ccrpolation's vo:.ing steck? (Fer rules of O'!.~ujbution, see section 267(c).) If "'(es," cOlr:plele .1, b. and c below a Is tile corporaticn :1 subsidiary in an a!MiJ.tcd gree!) cr a parent-subsidiary contlollud group? CHi'lC? 1111.3.n IY~s I ~:o 6 ':I3S tho cor~cr,'::on a U.S. :;hnreholder of any conlfol:ed vesJ No !creign cCIJ:erJ.ticn? (Sc~ sections 951 and 957,) I X If "Yes," al~ch Form 5471 for each such cQrpCralicn. Enter number cl FCHllS 5471 <lUnched ~ ______..__ 7 I\t ar.y time dutir.g tho 1992 c.,lemf.,r YO,", did tho corporation have an intere~l in or a signal'Jro or other lluthcrity o'/er it linanC:,ll account in it foreign country (such as a bJnk account, ~ecutities account, or other fonancial 3ccour.l)? If "Yes," tho corporation fT1JY have 10 We Form TO F 90-t;2,l :f "Yes," cnler nJm~ of lcreign country to- . _ _ _ _ _ _ _. 8 WiJ~ tho ccrporat:on tho granter of, or transferor la, it fcreign :Iust that e1jsted during the cunent tax )lear, whether cr not lr,e corpota:icn has an~' beneficial interest in it? If '''{tlS,'' tho corpol31:on may have to fllo FOlfm 926. 35::0, cr 35,0-,\. 9 Did ono foreign person <it any timo during tho lax year cwn, c:rectly or inc:tec::y, i11lcast 25% of: (.,) tho toUI voting pONl~r of all classes 01 slack of the corpcration entitled ~o vo:e, or (bJ the tet;\1 vnlue of all classes of slock of the corpora.tion? II "Yes", see paga 1701 instructions ami 3 Enter pmcent.Jgo owned ~ .______________. b Enter owner's country to- ~________________ c ihe corporation 01.'1 have to fila Form 5472. (Sea pago 18 for pen31lJcs th.1t m.'y apply,) Enler number of Forms 5':72 attached to- 10 Check this bcx. I' the cOlporation issued publicly offered debt instrun~ents with original issuo discount ~ 0 II so. tho co/potation mJ.Y havo to fila Form 8281. 11 Eliter tho mnounl 01 t.1.X-exemr' inlorest raceived or accrued during tho t..1X year to- I S lZ If thero were 35 or fewer shareholders 311he end of tho bx year, enter tho number ~ 2, 1311 the corporation has 3n NOL for tho tax year and is electing under soc. 172(b)(3) 10 forego tho c.rryb.ck cedod. chl'Ck hero W"S'I' SIIOIn; 'l'A:< J __u ..1.!1.~~~1!!!!l!.\!.t1'.1---- COHI'Ml'i b Enter tho name and identifying number of the parcnt corporation or olher entity wilh !::O% or mora ol'lne"hip.. . _ _ _S_E_E_ _"-T_T_^_CJt.E..!l_ _ _ _ _ _ _. e E~I;r~;;~e;.;g-;;~\~n-;;d;}Jf(.=(('C======: 5 During this t.1x. year, did tho corporation PilY dividencs (othor Ihan slock dividonds and di!itlibutions in exchange fer Slock) In exce:s of thQ corporation's current and accumulated e3rning~ and profits? (500 sees. 301 and 316.) If "Ye:.," file Form 50452.11 this Is 3 con!iolid3led return, answer hero for tho parent corporation and on form 051, A!filiatJoO!l SCheduht, lor each subsidi;uv, 3 Z 3-17 0 9 5.,.' ~I J ..u ".l .--- .---.--.------ .lb --- .1e ----- ad J .to .if 5 (, 7 o 9a 9b 10 KI :< 1:< x ..0 1"''10 J o. o. o . x x x 23-l"IO'.l~"" POql, .\ snonE 'rAl( 1 COMPANY L11.ql~lIrllllJl 1,1. 'l!'If-~\ I Ill! ul t,l( ')":\1 ---(~._- 67. ___..____..?_L~._, _____.---?615 . --.---..--.-- ---- .'--62~L::" ==--'-5T~ Balance Sheets ASSlJlS C3~h . . . Z.. Tl3do noloS "nd .,ccount'l wcci....ablu b Lc~S ,,110W<1nco tor bOld debt'l 3 In....entories......,.. .1 U,S. go....crnrnonl obligations . 5 T.1X.O;o:,cn1pl securitieS .... 6 aller CUHOllt 3.!Osots (attach schedule) 1 Leans to stockholders .,. o Mong3go nnd 103.1 estate loans 9 Other in....estrTlents (a1t3.ch schedule) 103 Buildings and other dCplcciatlo ;15:015 b Less accumulated depreciation 113 Depletablo assets ...... b Lc~'J 3ccumul:\tcd depletion . 12 Land (net of anI' 3morti;:atian) 13<1 Int.lngiblo asset' (amortizablo only) bLesS 3cc\Jmul3tod amortization 14 Other 3sset~ (altach schedullJ) , , , 15 Total assets ..',.....,' L1obllltle. .nd 5tockholder>' Eqully Accoun~s payable "",."" 18000. 18000. 250611. H117'1~_ 2~d639-:- li 38851. 1- 213isT:- 248409. 204292. 29972 . 36101. 152537. 72499. 58777 . 203183. 26638. rn626-:- 36181. -346281. 16 17 18 19 20 21 22 t.'CIl:;S';U,fl01U, benC:' pa.,II~le L., lut Il""',n 1 y..ar Other cultcnt li3bilitie::o (J.113Ch !;chcdu!c) , Lcan::i from stockholder!> "",.,' MOII~4;n, flot'!', t:o"C:' plI,at)!" in 1 )1I!!lr cr...a:" Other liJ.bilities (J.t~ch schedule) CapitJ.1 stock: 01 Preferred stock b Common steck 23 Paid-in or capit.:'ll sUlplu!; 24 A.laifled 'la.lningt-:,pollcpTillled lllllllch seMc!u1el 25 Retained e:unings-Unappropri:tted 26 ll~ss cest ot treasury steck . ' , . . . , , 27 To,.IU.bililiesand sloekhcldm' equit{ 213251. 152537 . "ole: You ar. not requirod 10 cemplelo Schedule, 1.1-1 .nd :.1-2 beleN ,\ :h. 'olol.sse', en tine 15. column (dl 0\ Schedule L .10 less Ihan S25.CCO. I Schedule M-1 I ReconcillaUon of Income Loss cr Books With Income er Return 1 Nel inceme (less) per book' . . . . . . . . < 4 8 4 51 . > 7 Ineem. recorded on beckOlh;' year nel 2 Feder.1 ineom. tox ............ included en :hi, relurn (ilem;,e): 3 Excess of e.pil.,losses over "pitol g.ins . · Jo~;;;;~~:r. 5. - - - - - - - - - - - -. 4 Inceme subject 10 tall. not reccldcd en books this year (itemi:e):._____________. 20000. 20000. 49933. 20000. 20000. 49933. <323906.> <372357.> I -------------------. .------------------. -----------------------. 8 Dcd~dons on tl1i-:; return not charged 31)3inst beck inccme this. year (itemize): a Depreciaticn $.___________. b t;onll.l:ul:cns $ C3l1yc~rf " ------------. 5 Expense:; reccrded on becks this year not deducted en thi!l return literni;:c): a Depreciation S .____________ b Ccnlllbu,Icn, S clIlIyo,er . . . .-----------. c ~~~~i:"~~~fll' $ _________4_8___. .------------------- ._Sl'_E_ ]\Y_T]\j:Jll'.P_ --- --. -------------------- 9 Add lines 7 and 8 . , . , . . . . . . , <47653.> s((X-&XcXr;:P=======JXl[.=: Balanco at beginning of year Nellneome (loss) pc, book. Other Increases litemi:o): .___________ 6 ------------------------. --------------------. 7 Add lines 5 and 6 ........ - . . < 3 7 2 3 57 . > 8 B,'.nce al end of car (lino 4 less line 71 CH~:3 1 '/l~,~2 <372357.> .------------------------ ~_E_E_]\_TY]\_CJll'P____________. 4 Add line. 1,2, and 3 . . . . . . . . . . . . . . 4 r.'~ 4562 Dcprcclnllol1 nnd ^mOrllz.1110n (Including Information on Listed Property) OMII ".,. l!.oj!j.Qln o.p,.'r.,,'"IOf lh.".."'!)' 1"1'111.111.",.\1' SI'"'" .. Attach thl, (Olm 10 your relurn. il~92 A'loU:hm.nl C"lu.nc. tln tj"1 h.l'l\hl~I"<J 'll."nD'f ~.II.Il1,,'I'flo...n '-'" ,.1\,01" WEST SlIORE_~ COMPANY l)u.,n...t1I."hltr1lJ ",,,,,n u",lcrm,,,i.1l'" .23-1709577 Elecllon To Expense Certain Tangible Property (Section 179) (t/ote: \I you 1m. 'flY "U".,II',opollY," completo Part V ',cloro you completo Pall I. ) 1 M'>I",U"' doll." l;mi'.I;on ...................... I 10 , 000 . 2 Total cost 01 scc~on t79 prcpcr'y pl.lecd in sOlvico during tho taJ: 'i~3r 2 J Threshold ccst of section 179 property bolero reducticn in limitation . 3 S ? 0 0 . 0 0 0 .\ Reduction in l;n'~latjon, Subtract Ii no 3 ~fOOlI;nQ 2. but do not enter less lhan -O~ 4 5 0011;11 limitation ler t.1X yoar. Subtr.lcllino.\ from Ii no 1, but do nct enter les~ thall .0- 5 (a) Dntl,;:rc~ 01 DIOC'!'!'" (b r;r:\1 (el (IPC!"" (Q~I 6 ! 12l 8 9 10 It 12 7 U:;tcd propcrt/. Enter amount !rom line 25 ....... . . . . . . . 8 Total elected co:;t cf section 179 pfcp~rty. Add amoun::i in column (c), lines G and 7 9 Tcnt.1tive deduction. Enter tho smaller of lino 5 cr Ii no 8 .....,. 10 Carryover of C:isanowed deduction frcm1991 . . . . . . . . 11 Taxable Incemo limitation. Enter tho !:omallar of taxable inceme or lit,a 5 1Z Section 179 e.-pense deduclion. Add line!:i 9 aOLI 10, but do not er.:cr mOlo tll;'!.n lino \1 13 C:wyovcr al disallowed deduction to 1993. I\dd lines 9 and 10.le~s line 12 ..' ~ 13 Uota: 00 not usa Part II cr Part 111 below ler automobiles, ccrt.1in elher '.'ch:clcs. ccllular telephones. computers, or plapcrtl used for cI11ertLl.inmenl. recreation, or nmusement 11iste~ prcpclt'll. Instoad. use Part 'J for listed Ofoccrt'{. I Part III MACRS Depreciation For Assets Placed In Service ONLY During Your 1992 Tax Year Do Not Include Listed Pro ert (b) f.'onlhMd .,.~IH ptl\ted In'l!"iC~ (n)c1u',lIcllIO.,crpIC;ll!ll.,. (c) i;lIsls lot c'!:r'c,~l;\,ln IDr.:',n'!1tlin~Ulf'1"'!I"Il.l'" '=1"1... H" i:-t1';,,;~~e""'1 (9) Ol!PIl!d<'lllon d'!dL:cllo" 1,\ General Depreciation S~'StelO (GOS): . 3~year prope,ty b 5- oar prooert 2 201 5.0 IIY SL 220. c 7.year property d 10-yellr prcperty . 15-year prc;:crty \ t:O-year prcper:y Residentiallent.11 property 27.5 ylS Mr.1 SiL 9 27.5 yrs rl~r.1 S,L II Nonresidential real p,opclt'1 31,5 ~1S :,".1 SiL 31.5 y'S r.~M S,L 15 Allernalive Ocprecia~on System (f\OS): . Class life b 12-year c 40~ ear 40 'fS ~.'M Part III Other De 16 GOS and ADS deductions lor assets placed in service in tax YC~lrS ~eg:nnino before 1992 17 Plopelty .ubj.CIIO ,.ction 168(1)( I) eleclion 18 ACRS and other depreciation ...... Part IV Summar 19 Listed praperty. Enter amount homline 25 ............................. 20 Total, Add deductions on line 12, Unes t4 and 15 in column (g), and lines 16 through 19. Enter hero and on the appropriate lines ol.,.aur return. (Partnerships and S ccrpora.tions -- see insttuctions) 21 For assets shown abovo and placed In service during the current ,ear, enter tho penlon of the basis atttibutablo to section 263A casts ...... . . . . . . . . .. 21 Hn3 for Paperwork Reduction Act NaUco, seD pago 1 of tho separate InsUuctlons. 16 17 18 16 127. ,.... . 19 ,.,., . 20 16 347. FOlm 4562 (1992) CF:cC$ 11,"..92 6 WEST snORE "AKI COMPANY 23-1709577 FOlln 4562 (19!J:!) P,Wl) ;! Part V Listed Property Automobiles, Cerlnill Ollter Vehlclns, Cellulnr Telephones, Cumputers, nlHJ Property Used for Entertnlnmenl, necrenlion, or Amusement Fer .1ny vohidu for which you ,liD u~inl) tho 51.lrHf.111.1 fnI'l.'.lgu '.110 Of doduclill!] rL';l~lJ c.pon:oo, CQnJptl'to only 223, 2:'1>, cclllltln~ (.l) lhlcuqh {el 01 S('ction ,\. 0111 ()f Section n, :1ntl SL'Clion C ,I ,1r.plic.lb!e, Section ^ -- Ocplcclntlon (CO\ullon: SelJ Iw.lruclI0fl') 1m IIm,lal cr'11cr .1ulofll(.:tl!"~ ) ~YOtJ h;l\.O eVidence 10 ~uppart tho lJu~lncs:>lm\f!Slnlc7tl u~o cJJ rnC17 (1 Ye~ U"o 1.2311 il''('~5,''~~.vldllnco ,..IIl:r.n? [] Yus [J ,i;; (b) 0... (e) Ow (e) (I) E (I) .,,,'.. (01) T)pr of pfC'~'!llf 'm.,'r'l..rl (d) Ct~1 G' ['1\, II,;I Cflll('C At o:.n (g) ,.."I'H':'" (11) Urp'I'('Il11flr\ p.!ltrdlll b I 1'.(<)0.11 '.ttlon 11ltt ~"n.(lr\ lu,ll ""0 CU"lt"" ( ult"",n n.lOII" eo' l.,;r.I1,.nl U'l (:'dutl,un I..,~lt~ "..rt,,"I,,]. U'" 0"1,1 ;;"":1,1 11'] tOl' 23 P,opert.{ uoed mele urn 50% in · llUf,e<t bu"nr' uoe, 2' P,cperty ",cd 50~~ 0' r" in · GU""'I IM,n." (" --\ -I I_JS,L- I I SIt. - I I S:L - I 25 t\dd amount!> in celumn (II). En:er lha tet..,1 hero and on line 19, t:J.;lJ I ."".". 25 26 t\dd amcunts in column (iI. Enter the lot.,l here and on line 7, p:l:::e 1 ...... 26 Section 0 --Information Regiudlng Use 01 Vehicles -- II 'lou ccdwct C;I;pensc:; for \'ohicles: , Al"".ays con;p:e~e Ihis sec:icn ler vehicles used by a sole p,opriclcr. ;:.u1r.er, or ether "mole t!lJn 5~. o.....ner... or related person. . If you provided 'Jehiele:; to crt1p'oye~5, first an:;wcr ttlO questions ;:1 ~cc. C 10 :et1 if you meet:l.n clc~pljon to compleling thi! ~ee, for thosa vehicles. (.1 I (b) (e) I (d) (e) (I) 27 'iotal business,ir....c51mcnt miles driven during Vehicle 1 j Vehic!e 2 Veh:c!~l Vehic!e ,t 'Jehiclo fi Vehiclo G tr.e year (DO f\OT include commuting rnill]~' ' 1 28 To:al ccmmu:.ing mH!'!s drh'en during the year t::jl I 29 Tc:al other person;:!l (ncncommulingl n1i:es ddven .,.."."" ,.,." 30 TO!.11 rrjlc~ dri\len during tho year. ;'.cd lir.c:~ 27 Ir,tough 29 .,.., Vo. 110 Yl]~ 110 Yo~ 110 v.. 110 Vo. 110 Ve. 110 31 \'/a3 :t',e vehicle available for personal use during aff-duty hour~? , , . , . . , , , , 32 \'.'a'i :I~I) ...chic!c used plirnarity by II mere than 5% owner cr related person? 33 l~ ancmer \'et;:c!e :\'.'allJblQ fer persollal us']? " , " ,.."",.,., tt Section C -- auc~t1ons for Employers Who Provide Vehicles fer Use by Their Employees. Ans.....er thesa ~weslions to delermino if you meet an e.o:cl2plion:o ,:,:(r.ple:ing Sec~on B. Uote: S~ctjon 0 must ~Iw;'lys bo cornpllJ:ed ler -..chicles used by solo prepriclor,. partners. or ether ;;~~ro than 5% ewners cr re!ated persons. Yc~ 110 -- 34 00 yOlJ m.1ir.Uin 3 written pelicy !>tatemenl that prohibit:> all perscr.a.luso cf vehicles. including comrnuting, by your err:pla.,.ees? ,..".....",.""""".,. ,..,....,..",.."". 35 00 ~'ou maintain 3. written policy statement that pfohlbl:s PCI50P.:l.1 1,;:;0 el vChir::C5, e;l;cept corr.muling, by your emplo~'ee:j? (See instructions far vehicles used by corperato ol~;ccr:;, aircclOls, cr 1~1.. or mero owncls,) 36 Do you Iteat ~il uso of vehicles by en1ployees as personal use? , . . , . , , , . . , . , , , , , , 37 00 you provido moro than fi...u vehicles 10 your (!mplo~'ce:; and re~;n thlJ inferm::ltiCl1 received frem your en~p~o)'ec~ concerning the use af tho vehiclcs? ...""".,." ..,......."".,.,..... 38 00 you mccllho requirements concerning qualif:ed automobilo de:T',cnstr~ticn use? ,.,.,."...... Uoto: II our answer to 34, 35. 35. 37, or 38 is "Yes:' you need net corr.plcle Section 0 for the coveted vehicle9. Part VI Amorlizatlon ""T'cunl ,,,llcn C).Amollll". llonp.,lodo, flCfnl/ll" (f) AmOlllllllllon 10' thh Y'" (0) Cuc,iplicn 01 'OIlS (b) Col. lImOIlIIlI!cn b'l' :'~, (c) ^rno'l:'lblo (d) Ced. 39 AmOl1i:ation of costs that begins during our 1992 I.\x year: 40 Amorti:ation of ecst!> that began beforo 1992 . . . . . . . . . , . , , , 41 Total. Entcr here and on "Other Deductions" or "Other E)'ccn!:es" line cf our relurn 40 41 2 850. 2 850. 7 C;:C4~" 11117.n 'o,m 4626 Altcrnallvc Minimum Tax--Corporatlons (Including envlronmcntal tax) ... Sou $opnrnto Instruction., ... AU.,ch to Hll) corporation's I.u, rfJturn. O"pIIIII'I,nlollh"IUIU'Y In,.tr\.ll1n'''Il,S...lt. f4""" WEST SHORE TAXI COMPANY ................ . 2. 2b 20 2d 20 21 2 211 21 2L 2k 21 2111 "'.ll! '''J 1'j..~.al1" "il~92 t,rpIQ."llJ.nhll'"IIQ1l"""'b.1 23-1709577 -'-,- ............. . 3. 3b 30 3d 3. 31 32- 311 5b So <47 653.> } ......... . 9 Alternatlvo minimum tAxablo Incomo. Subtract tho sum of lines 7 3nd 8 from line 6 Hn3 For Paporwork Reduction Act UaUco, soo separata InsUucUons. T:u.ablo Incomo or Iloss) belato net opernting la~'l (JclluCI;Ol1 (ImpoU:lI1l: Sea in~:.ructjon~ illllo corporation is subi~ct to tho cnvirOtimont.11 tou.) Z Adjustments: a Ocprccl3tion of tang1blo property pl",ccd in sCI...ico aUct l!JSG b Amolti:ation 01 ccrtified pollution control fac:lilic!; placcd in :icr....ic~ J.ft~r 1906 c An"t at mining e.proraUon and de....elopment COsl:1 paid or incurred at:er 1986 d AmorU:atlcn of circulation elpendilurcs paid or lncuflcd altcr lS8G (pcrsonnl holding COOlp':lOies onlv) ................. ....... o Basis ndjmts in determining gain or 1055 ham ~Jlc or c,changc of prq:clly , Long.term con:taCIS cnlefed into aller FcbluJfY ;:a,19cG 9 Installment sales 01 cCft.,in property . . . . . . . . . . . . . . . . . . . . h Mc/chant marir.o CJpibl construction lunl,j:; . . . . . ' . . . , . , . I Section 83.3lb) ded (SlUG Cross, Oluo Shield, simlar tiPo orOJni:~:;or.s only) I Tax sheller 13rm 3c~j."ities (personal ser....ico COrpOf.1tions only) . . . . k Passlvo activi::es (erosely held corp's :'I.Ild personal !;(!(vico ecrpcra~CM onljl) I Cerbin loss limit.,tions . , , . mOther adJuSUT,enl:t n Combino lines 23 through 2m 3 Tax preferenco Items: .. Depletion ....,.." , . , . , , . . , . . . , . . ' . . , b Tax-exempt interest from pri....ala activity bonds issucd 31:('r Au~u~: 7, 1986 c Appreci:1ted property Ch3ubble deduction ....... d Inbngiblo drilling costs ,........".,..,',....., o Reselves for losse' on bad debts of financial institutions ..,.... r Accelerated depreciation of leal property placed in servico belote '~67 9 P.ccelerated depreciation 01le3scd personal prcpcrty placed in sef'fice beforo 1987 (personal holcing companies only) , . . h Amcrti:ation of ceftified pollution con:tol13cilities placed in serll telcre 19B7. 1 Add lines 3.1 through 311 ......,..,.,...,. ",....'. 01 Pre-adjustment nllernative minimum 13Jlablo incomc (AMTi). CCrT.cir.o Ilnc~ 1, 2n, and 3i 5 Adlustod current earnings (ACE) ndlusllTIant: a EI'Il~f Ihe cCI;lo'al1cn', ACE !rem Iir,,, lOcI In. ....crk'hnl c"ra'i't 7 cl t"'t '''''~',,;::o''' .. 53 b Subtract line" from Ii no SOl. If line" ollceedslir.c Sa, cnler tho c:iHercnce ;'15" negative nUff.ber (seo Instr1Jcticn~ fer examples) ..,.".,."... c Multiply line ~b by 75% nnd enter the result as a posithe nun'.ber d Enter the e.cess, if any. of the corperation's tet.11 increases in AMil frcm prior year ACE adjustments over i:s teul reductions in AMTI !rem prier )'c3r ACE adjustments (see instructions). Hoto: You must enter an 3mt on IIr.a 5d (evt:!n if lino 5b Is positive) . . , . . , . . , . . . , , . . . . . . . , , . . . , " Sd o ACE ndlu'lment: . " you enlered a positive number or :ero on line 5b, enler tho amount from line !:e en lillQ 50 as a positive amount . II you entered n negativo number on line ~b, cnler the smaller clliflQ 5e or line 5d on line So U.:1 negativo amount 6 Combine lines 4 and 50, If zero cr tes~, stop hero (tho corporation i~ nct ~ubJect to tho a\(err.auva rninlmunlt...,.x) ....".,.,.....",..,..,..,',......,.. 7 Adjustmont based on energy prelerences, (00 not cnler moro than .:O~~ of Iino 6.) . . . . 8 Allernatlvo ta.x net operaling loss deduction. (00 not enler moto th3n the e).ccSS, if any. of: (n) 90% otlino G. over (b) lino 7.) .......................... 8 cn.u~ 09/::9:92 ...,....,... . 2n <47,653.> 31 4 <47,653.> So G 7 <47 653.> B 9 <47 653.> Form 4626 (1992) WEST SlIORE TAXI COMPANY 'ontl 4&:'811D!Jl1 23-1709577 "111]_2 10 Enler tho amount hem lino 9 (nllcrn.,tivo minimum Lu..1bhJ income) ...,.... 1 t I!UlI1pllon phR50-0lJl computation (illino 10 i:l $310.000 or morc, ~kip lines 11.1 and l1b and cnlel -0- on line Itcl: II Sublri'lct S 150,000 from lino '0 (if you .1fO comploling this fino lor .., nlombo( of ,1 controlled (]IO'Jp 01 CO'poIi11ion~, 5UO inslIuclion:;). If tho 'c~ult is :CIO or Ics" cnler -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 11.1 0 . 10 <47,653.> b Multiply line 11.1 by 25% lib c E,o;omplion. SubtlaCllino l1b from $.10.000 (il you ara completing thi~ Iina for a rT1Cllltlcr 013 conl:cil(.'d group of corpcralions, sea instructions). II tho .csull i:1 zero or less. cnler -0- . . . . . . . 14 Allcr"atlvo rr:inimum (.1)( foreign L'lX credit. (See jn~Uuctjons fel lim::.Jtions,) ............... , lIc 40 000. IZ o. ~ I.' I IS I 16 lZ 5ubtrll,ct lir:o 11e from lino to. If tho resull is ::e(o or Ic~s. enter .0. .,...,.,...,... , 13 Multiply lino ~2 b:l20% ..."..........,..,..,...,...... . IS Tentative IT'inimum W, SublraCllino 14 from line 13 , . . . , . . , . . . . 16 Rcgular t.1.'( liability beforo all credits e).:::ept tho foreign lax crcclt and po:>secsions t.3x cred:t 17 Altorniltlvo minImum Lu. Subtr3ctlinc 16 horn lino 15. If Iho rcsu:1 is ::ero or Ie:>:>, er,ler -0-. ,\1::0 enter the resuit on lho lino pro~ided on the corporation's income Ux return (e.g., il you <Jre filing Form 1120 for lS?2. er.t'!r lhi~ alTlount on line 9a, Schedulc J) 18 Envlronmenl&llla.t. Sublmct $2,000.000 from lino 6 (computed without rcoard 10 lhe ccrporalicn':> environmental lax deduction) and mut~iply the excess, if any, by 0.12% (.0012). Enler tho resull here and en the line provided on the corporation's lncclnl) t3.'( return (e,g" jf ycu arc filing Form 1120 for 1992. enler this amount on Iino Qb, Schedule J). II you aro completing this line fer i1 member cf it controlled g!CUP of corporations. see Instructions ..........,.,........... 17 18 9 tFUliS CI'2G.~2 Question 4 Shareholder Information EST SHORE TAXI COMPANY tol Nomo: ....................... Addle..: ......................... TIN: . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . lul pClcent:lQI! owned: ..................,. (al Nome: .......................... Address: .......................... TIN: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (bl PCfccntaGo owned: .................... (al Name: ......................... Address: ..........................., TIN: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (bl PercentaGe awned: ,..................... (0) Nome: ............................. Addle..: ......................... TIN: . . . . . . . . . . . , . . . . . . . . . . . . . . . . \b) Pelcent.:lGe owned: ...........,...... .;, lS!!2. scs..CCfT'~..M 23-1709577 C;'U71 101:)0:52 1992 Forl11 1120 Schedulo K supportlnQ Schedule 12 Detail Schedule 1992 WEST SHORE TAXI COMPANY 23-1709577 Su OTHER INVESTMENTS BEGINNING ENDING 18,000. ----------------- 18,000. INVESTMENT IN TRANS SERVE -------------- -------------- TOTAL 18,000. 18,000. =====:::::::======= =========:::1==== o 1992 SCS,Compul, 14 CFUtS C81C~/92 Detail Schedule 1992 WEST SHORE TAXI COMPANY Schedule M 1 & M2 Su orUn Schedule 23-1709577 nOOK EXPENSES NOT ON RETURN AMOUNT --------------------------- PENALTIES 750. TOTAL -------------- 750. ============:::= C 1992 SCS,Compur. 15 C;:'UE6 C8:C!,92 rO'"' 851 l';I"'. JilnUJr)' l~!}:'l c,;.t...T>.<'I", t., t...,..,.,. 1"~''''''' fop.,,,,,,,, ~....,(. Affiliations Schedule O.~~l !., .~,~!..oo=) ... File with uach con5olidatt'!d income \.11 r~turn T.II';"iH~ndmg D~~f..!,~~.h~.,-...~~~. ." ("\1-.... EIO"I.~ ".JJ.g.l Common parcnl ccrporal:cn I' (mployr.-r !dMltlI1l:.1t.l0I1 numbcf S - .~ :;:l' .. 11 .. 1 '1 \"~:".L. .HC,.\\.'l.. _J_l'}Od_)._.L_htL..__._----~-.-.---- .----.---.----.---..-------- _.l_~_-2..__._f:_D....:.~____._ Nurl'ot:~r. slrcel, .1rill mum or SU\!~ "0. (II .i r.o. ~O.. ~t)C lr,<;l......::'-;~:;) _~_\.O..L.s.L"'j).-'19!,I.!'~. _i\.!'-<" I~-.-.--_.-._---_.. .-- ,--'---'--' ------ -----.--- ---- C.t)' cr to....n. sl.lt,~, and ZIP COOl.! M,"Ch,,>.J<<-,,]I'rJ,. P:\ 11'::S'S- ~ Prcpaymcnt Credits ._..___ 1 "0.1 2 I ;:'(''::ilr'~''..l CII.-:~~ I ~l;:;:;r,-;;'. -,. "" -c'~~;;n~I.:;'~;;,j:;~-- I Fo;;"ll ;:.:~ I ..." Cll"\J~~ ~.l.l c:"::.orJ"',~3 I 3nl.1 c::..'pC~~~ ..~?!_1}'7!_~~'~?<':r~~,:_c:.9!~'?ril.I~~).n_ ~~.~_~-=~'..-;-~_..--~ ~_ .~}7.~F{~~B~rBYmEr=~-,\)O,\;-i; .J _ _ u_~C.l')J.c___ ..-. Sl.l~5IGI:lry corc:or3t:cns: i I ! I ~~:::;,~....\)'~\~O .}i\<t;I1I'~Jr.';"J\l...;.,_;r:N(.c. !<1-,3~.:20.J..'I',.i;;i' NCI}vr:. -"'1- ....No..\J.c-:.....,. l i ; [ ! .,.- i__. -If'-- .....---..-....-. \--.."..---- -'-. ...---.......\-.-..--.-..1 ....T..--..--. [.-.___. nun ,.-"'.. ... -- .un_"" i .'.-"'_- ,. ..~-~..=-_~-~~.., , , I I r;':~T1oJ .tre: .l::.::'c..... ~! c:';j~I:t:'C.., E-l~::i"~ '::'!:'".~I'.r:.l":~ n;.:t':"t..~. 3 , " 5 6 i ---.!-.. i i.--' 1_'''''._ - ..- .m. 1--.---.---- r I 5 I __.J I I ._.m......... ---... -....--' - -..........-.-.- .---- -.- '.---1---'" -.-...--.--.-.--- ..-..-....--.--- .-.,..-' ---..'.-r ,-- n'_ ---. Totals a.lvs: .,e..,,' amocn:: shc;'.n cr, :r-.e cee,o',02:." :a< return) > I NOiv" ~i Voting Stock Informa,:on, Principa! SUSinc5S ~ctivi!YLEtc. (S~ ln5tructions,) ,,,I I 9 10 I'J("'/I.: i'"'~,r,:'~.:!: =:.;:; :~:1 ~-::.'~~ ;::;;"1 i :'I~ ~~~ S:J~S'~,l:'; I pat'., I :'::~,~ lr"i r,Cr,d,\ICt~.j c....,. I ~;\:f'~IJ:I'~l"IS' ~:;,- ($l"! Ir.W'J;:'~~SI r ~.u'i:::'.-! IP~~1 ;u1P. .t II Q...l'!("j~' :-:--l Cf ,..o:.,.;,,~ . 0 ::O~oGr.l:,tn ! I Ye-:;. I ria I ~.J'l.~ 1 pJwo;" I v3hr. no .-....~---~:l.-=7.7-..,.=.=.-"" >:;%v.w=- J__~~'~::{:I@"yi&/jft:-V'~~~!_:fff){;tr:<<:w%~~ij;2.;J~ , I I I ' I I ! , 1..x-B:2.L\."L I'D0 s-;Il~ %_~,cro I 1 I I' I s-;! ,..I I I I I ~I %1 I I I I %\ %1 I I I I ~I~ I I I I %1 %1 I I I I ,I .1 I I i ~I %1 I I I I %1 %1 s:~.:-". !'oO~:\n95 J~ :,.:w;,r:r.iroJ o! ),W 2 ~!l'mcn care:-'',t coroorlit'cn Subsidiarl cc~pcrations: ~--=-=" , M,,,,,, ",,,,-,,--,,,,~ I I I I For.'1'l 851 (fiev, '.9'2) 3 4 5 6 7 a 9 10 For Poporwork Aoductlon Act Nolica, 500 instructions. ColI. No. 1e,ae.o.:i 1/24/92 Pu:Jhsneo =:y Tax '.~ar:3gorr:er.t lr:c.. a SlJosidiary of Tho Buroau of Uational Atfairs. Inc. 85 t.I " ;::...,SS11fle-... 1.9~} P.le" 2 Changes in Stock Holdi~s During.the. Yea!.~~~!.':'_s:ruc,~~.~L__._._....u.___________. , I I , ------i ~!~.:.. I r.... ! '~;.~t:~:;~,; J~!~ I '::'='-:1'o'1IIC:'1 C~Jr.;.: n "!CPI t::,.:,rr,.. lJ~;1':'1<) :".0 ,C,1t '.0 '~d""'~ ~---I.----'----- ------.-r--I~T~s r.....: il!:;~-'-. . l,']j ~~..l"~':~ I eral',t!. '::~~:',:('a I~, ! ~o"Jm' 1.11 ,-.-----i--------r--. I I $!1.JreS I ~t'.ar~':i I r:'1'Cl:!~t cl I ;:'!~Cr.,..: 01 I .1:::", Il'~ ! ~ -;;:>-::;.:..,: r..1 \'C~,~'j p'h..er 'o',lll.:t! I l , I I %1 % I I .JE1\: I I i I %1 .~~ I I ~~: % c' I % .c' '1;1 % , ; oj % J % I I %1 % NO:Q: If JdC:I:cr.JI !:'::;~.o:. ....'JS IS!:t.:e-c:, c.. If Jr.)' ~:'::.... ~~'as f(::j'''r:~ =~..r; :."~ :~."!,~. :;,>:C..... :.'1.:; ':;H~5 ;Jr.C J"~:Cl,.r.rs fo.. :j;-=:e :r.1,"lS2:::Cr.S. If tha equitable owners of any capilnl stock shown abc'/e wam othar than tha holders of record. give full details. .......N.1A....................................................................................................................................... ...................................................................................................................................................... S5\.~ Pu:Jlished ~y iax Man3t;jement Inc.. 3 Su!::s;:iary of ThO Bureau of Na1ional Affairs. Inc. .:2 2/24/92 Fotm 851In~'oI, '.921 Page 3 ~ Additlo~~ollnformatlon (See instructions.l -:r' Durin9..!!'~~~car. OHl tI1e corooralion hJ"e_rn0-'.?_~':!2...Y~~":'~::':jl s:oc~ OUls1andlnQ.~_ rlo. U,lme iQ~. II yes. 11!.1 .1n(j d(!$Cnb.j each CI.1S\ :1 slcei<. ! Vesl 110 11 'vJr:.,r::'\ICl\.E il\'>:r -j-T;r-.--- ~~- ~CI,.r.,s_~~l\,,,lI_)j1>d!n!,,l:q~ I l:xJ I I I I ,-- i-II 2 During :n~ lax year. was there any mcmoor of th~ cc~ ~CLC.1.!~O Group mat r02a~;hltcd Wl:tlin 60 months of cis3tfl!ia:ion. or was :n~roJ a~lY memtcr cf :hc affif:at<:'c grcup that was c.~::c(',sQlic;,;.t'2d l.inder Rev. Free. 91.11. 1991.1 C.B, .:70 (as modiried by fl.,v. Free. 91.39.1991.27 IRB 11)? Uo. Il,es ~cr :lny part of ques:ion 2. Itst ana explain tho circu~s:ancQS. Name I W<!::,'r..,."'C..... 1/\><.\ ?-I C0,,,x,\ ..~'" 't-ec.\ N.;c..h,'"", \'J 110 I l.xl 1><1 I I 3a During the t<lX year. .....as there any arrar.gern~~t in Sx;slcr.ce by which one cr more plJrsons that WOre not members or the ll;tiliated group could acquire ani' sieck, cr ncc:uire a~l' voting power wIthout acquiring !>:ock. in the corporation. other than it ce min:rnis amount. frem the corpcra:icn or ar.c:hcr :::emb;..:r cf thc atfi!ia:oa group? No, I At.5'....er 10 Item 3:, Il~m 3c Item 3d f},'..t"~n " .......-.. .... (S';"! instructions) (St-c ins:nJclicliS) ($"'1 instructiC"S) Iv.s i 110 I I )('r %1 %1 % I Ivl ~,1 %1 % I , I %1 %1 I I % I I , %1 ,.1 I % .~ :--~.1r;.! ?--I Ct~~cl" \..,d. ~L\~:>'\-)\-..!>,~ ~ I "".01:. \\<..V\"C'O \ "-, '\1,. i No. I Item 3e--De5criOf.cn cl autlnl;err.er.!5. f-J J I\- Please Sign Here Uncer pen,\llin cl P~HIU"I.1 CCCla'-:lt';.1ll !",.11o-0 exa:-:"lr,(:o; tf\;S term. includmg a::ompanying ~:.1temfmts. and 10 lno toaSl 01 my ...nO....ledOO and b!Jllel. it IS V\,If. conK1, and ccmoll:;l!Ct lot 1M t3.x )'car as $~a:N, ~ S'9na1tsfe 01 offlCct Cafe ~ Tille ~/24/9~ Publishod by Tax M:lnagomon1 Inc.. a SUbsidiary 01 Tho Buroau of Nalion31 Affairs. Inc. 8SI.J ., -- Charitable Contributions 1992 WEST snORE TAXI COMPANY Chnrilable Conlribulions Cnrryover ConUlbutlons CiUly'orwnrd 10 Current Yoar Form 1120 Sup-porting Schedule 23-1709577 Amount OctJuclad In Current Vel'll Contribution:; C.lIryfolwnrd 10 Noxt Vllal FlsCRI Yonr End 12 31 87 12 31 88 12 31 89 12 31 90 12 31 91 12 31 92 271. Total C:trr forward 271. Current Yenr Charilnble Conlributlons Oeserl tlon "mount TotOlI curront yonr ch3rHablo conlributlons (l H!:c! SC:;'Compll!. 16 C~(U9 Cll:C5:n -- Net Operating Loss Carryover - 1992 Regular and Alternative Minimum Tax r Forms 1120 and 4626 WEST SHORE TAXI COMPANY 23-1709577__ SUEjJortlng Schedule REGULAR TAX tlOL C.urylorw.ud 10 I Amount Doduclod In Flscol Yenr End Current Year Curren I YeM tlOL Cnrlvforwnrd 10 tlo..t Vanr 12 31 77 I 12 31 78 I 12 31 79 I 12 31 80 I 12 31 81 I 12/31 82 J 12 31 83 I 12 31 84 I 12 31 85 I 12 31 86 I 12 31 87 I 12 31 88 I 12 31/89 I 12 31 90 298,060. I 298,060. 12 31 91 49,683. I 49.683. 12 31 92 I 47 653. Total 347,743. I 395,396. ALTERlIATlVE MIIIIMUM TAX AMTIIOL Corrylorward 10 I Amount Deducted In Fiscal Year End Current Yl'nr Currenl Yenr AMTUOL COIrrvrorwnrd to fled Yenr 12/31, 77 I 12/31 78 I 12 31 79 I 12 31 80 I 12 31 81 I 12 31 82 I 12 31 83 I 12 31/84 I 12 31 85 I 12 31 86 I 12 31 87 I 12 31 88 I 12 31 89 I 12 31 90 298,060. I 298,060. 12 31 91 49,683. I 49 683. 12 31 92 I 47,653. Total 347,743. I 395,396. (l1S'I2SC!>.Ccrrpullt 18 CHUI CS:O$/'J2 West Sllore Taxi Company Form 1120, 10 #23-1700577 December 31, 1992 tf23 - 1709577 #23-::D29935 West Sllore Consolidated Total Taxi Company Mecllanicals, Inc Page 1, Line # 1 Sales 5230,003 5172,741 $57,262 2 Cost of goods sold 30,564 3,270 27,294 ----------- ------------ ----------- 3 Gross Profit 199,439 169,471 29,968 5 Interest 26 20 6 9 Net gain~oss 10 Other Income ----------- ------------ ----------- Total income 199,465 169,491 29,974 ----------- ------------ ----------- 12 Compensation of officers 13 Salaries and wages 55,345 51,491 3,854 14 Repairs 602 602 15 Bad debts 293 293 16 Rents 32,189 15,816 16,373 17 Taxes 8,953 5,945 3,008 18 Interest 18,710 7,514 11,196 19 Contributions 20 Depreciation 16,347 8,882 7,465 23 Advertising 1,160 898 262 26 Otller deductions 113,519 86,564 26,955 ----------- ------------ ----------- 27 Total deductions 247,118 177,403 69,715 ------------ ------------ ----------- 28 Taxable income before net operating loss deductions (S47,653) ($7,912) ($39,741 ) ----------- ------------ ----------- ----------- ------------ ----------- . . West Shore Taxi Company Form 1120, ID #23-1709577 December 31, 1992 1123-1709577 1123-2029935 West Shore Consolidated Total Taxi Company Mechanicals, Inc Page 2, Schedule A, Line II 1 Inventory at beginning year 55,465 $1,600 $3,865 2 Purchases 7,583 2,670 ** 4,913 3 Cost of labor 16,663 16,663 4(b)Other costs 4,468 4,468 ---------. ---------- -------------. 5 Total - lines 1 through 4(b) 24,179 4,270 29,909 6 Inventory at end of year 3,615 1,000 2,615 ---------. ---------- -------------. 7 Cost of goods sold $30,564 $3,270 $27,294 ---------. ---------- -------______0 ---------. ---------- --------------. Page 2, Schedule A, Line #4 Miscellaneous delivery expenses uniforms, and supplies Vehicle Expenses Licenses & Permits Education & Training Selling expenses & Brochures 325 2,778 50 10 1,205 325 2,778 50 10 1,305 ---------. ---------- -------------. 4,468 4,468 _________. __________ -------______0 ---------. ---------- -------------. ** Net change in repair parts and gasoline inventories West Shore Tnxl Compnny Form 1120, 10 #23-1709577 December 31, 1992 1123-1709577 West Shore Tolnl Elimination Tnxi Company 1123 - 2029935 Consolidnled Mecl1nnicnls, Inc. ---------. ---------. ---------- ------------- Pnge 4, Schedule M-l Une 1 Nellncomo (loss) per Books 5c travel & ent 5d officers life 50 penallles/overdrnfts (46,451) 46 (7,912) (40,539) 46 750 750 ---------. ---------. ---------- ------------- Lines 6 & 10 (47,653) (7,912) (39,741) ---------. ---------. ---------- ------------- ---------. ---------. ---------- ------------- Page 4, Schedule M-2 Balance Beginning of Year (323,906) 19,651 (139,516) (204,041 ) Net Income (loss) per Books (46,451) (7,912) (40,539) Balance At Year End ---------. ---------. ---------- ------------- (372,357) 19,651 (147,426) (244,560) ---------. ---------. ---------- ------------- ---------. ---------. ---------- ------------- West Shore Taxi Company Form 1120, ID #23-1709577 December 31, 1992 Total 1123-1709577 West Shore Taxi Company 1123-2029935 Consolidated Mechanicals, Inc Page 1, Line 26 - Other Deductions Office supplies and expenses S3,256 $2,484 $772 Utilities 5,C61 3,763 1,298 Telephone iO,039 8,557 1,482 Professional services 703 118 585 Insurance 56,011 39,868 16,143 Vehicle repairs and maintenance 27,528 27,528 Licenses and permits 494 494 Regulatory assessments 3,013 3,013 Amortization 2,850 2,850 Meals & Entertainment 187 187 Miscellaneous 691 691 Franchise fees 3,608 3,608 Dues & subscriptions 78 48 30 --------.. ------------- ------------ $li3,519 S86,564 $26,955 --------. ------------- ------------ --------. ------------- ------------ PLEASE FILE THIS REPORT WITHIN TWO YEARS OF DATE OF DEATH REGARDLESS OF THE STATUS OF THE ESTATE. IF ESTATE IS NOT COMPLETED, FILE a 6.12 FORM YEARLY UNTIL COMPLETION. STATUS REPORT UNDER RULE 6.12 Name of Decedent: ROBERT A. STAIG.EB Date of Death: MaY. 2. 1996 Will No.: ~ Admin No.: Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: Yes ),( No If the answer is No, state when the personal representative reasonably believes that the administration will be complete:. If the answer to No.1 is yes, state the following: A. Did the personal representative file a final account with the Court? Yes No ),( The separate Orphans' Court No. (if any) for the personal representative's account is:. Did the personal representative state an account informally to the parties in interest? Yes No ),( -Insolvent Estate Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this report. 2-1--CJ iJ, - /.+0 0 2. 3. B. C. D. Date: '2-(17(19 f&}f~ Edmund G. Myers, Esq. Johnson, Duffie, Stewart & Weidner 301 Market Street, P.O. Box 109 Lemoyne. PA 17043-0109 Address f717) 761-4540 Telephone No. Capacity: Personal Representative ),( Counsel for Personal Representative