HomeMy WebLinkAbout81-00473
I'
r. (:"1'\
''''.J po" ~_.l.~
\::}~; Q,. (,rOrI
" ~ 1'._"
L..l1 ....f..l
~ .,~~
t,.-' :'r: .U!
Uil~i n.. ,
tiJ~1.i Ii \Sei
m..+I
ir !a
til
wlM liS
"
\j
OATil m' PICR!lONAI, RRPR~:!n;NT^TIVE
COMMONWEAI,TH OF I'IlNN8\'I,VANIA SSi
COUNTY OF Cl)MIlBRI,ANP
Jlorore 1'110, tho ROlllstor ror the Probato or Wills and srantlnll or Lottors of Admlnlstrallon In and for theCo,~nty Qr
Cumborlalld, pomlnl\lIy oame, j<<",,,~, r, ij1'H'Y,"\", .",J f.Lw~\~ ,'ru""tY:h OJ.f'tt'f' ,:A
-1 Il (,,^^W\ol'-W'C(
who, bolnS duly~_. do . depose and 8ny thal,aa 1')' Cllt or s
ortho last Will and Tostnmentor ,J n .'" ~ J' F, ,,~ 1'\1'''' deoeased
I
,_1:k"',( will woll nnd truly ndmlnlster the soods and,chnttels, rlshts and Qrodlls ohald deceased accordlns to lnw. And
also will dlllsontlyoomply with tho provisions or the IlIW relaUns to Transfer Inhorltnnoos. .:>wo,,, nlld subscrlbodbofl.lro mO.
'7 - / ("
toc!lrded the,ln.t Will and testamont of
aah\p.H~~l
Peoe/lSod, Letton Tnlfa\1l11ntarY wero srnnto4 tQ
Witness my hand nod offlolnl sen1the dll)'; nhd year aforesaid;
235
,.
I'.'
i..L
I'J"
"H~-;
. '. ,-~
'W
'~
,...
'9
~
N'
'~
. 4f1/~ (I, #,,,<;..)
" ,,', ., Resister
...
Q.
{/)':'\;
,,_,._,_1
.,t,';-.i'
~~~ ~~:
~i;j"
(Yo: .-
I...
Q
]
III
u.. co
0 I
..J P< l
..J ,
r.. I ~
-
~ i
.1Il ~
1
! '!
1
re
~
fO
I
~.
~
~
!
bolt remombered tIIat on tho ~Oth day of
blCCREE
Jul~
,A,P,.19A... thoro Was probMod IInd
tilto of
James F.P.llnny
, Cumborland Counw. PoimsylvlIn11l,
JamUl! F.penn~rtali\\
Oommonwealth a onal Bank
"
t , . ~
Register
~ .'
. ,_I --,
,
.
;i
(~
amo~nt eq~al to the taxable val~e of s~oh interest shall be
~ClIc'J~oted from the amo~nt of Shar\\! #1.
(d) Share #2 shall be eq~al in amo~nt to the
balanoe of my rfilsid~ary utate after ded~oting the amo~nt
, alloea ted to SMrfil #1.
In making those oomp~tations neoessary to determine
,
the amo~nt of Share #1, the finalde.terminationl for tll.. Federal
eltate tax Ihall QOntrol. The Exeo~tors shall have th.. sole
power and disoretion to pay the amo~nt of Share #1 or Shar.#2, or
both, whOllY or partlY in oash or in kindl provided, hoWav.r, that
,
My asselal seleotedto be d~.stributed in 'kind to sathfy Share #1
"
shallb$ valued at their respeotive fair market value~ at the ,date
o,r dates of tMj,r distribution, and provided, further, that there
.
shall n6t pe inolUded in Share #1 any assets or the 'prooeed~ of
any as/ilet$ (a) whioh Clonot qualifY for ,the marital deCluotiol'l for
FeCleral e/iltate tax pUrpo/iles, or (b) with respect to~ieh al'lY estate
orCl\ilath taxes are paid to anyfore1gn oountry Or any Qf its pos~
/ileu~one,..or subdivisions, or ,(q) with rnpeQ't to whioh anY tax
c;lr.~it orded\.\etion shall be available beoause I:.heysMHb.llubjeot
to both Federal estate anCl Federal :l.heome tax (exe.pt to the extent
that,aBsets Qf my estate ,other, t.han those herein ,d8/ilot'1bsd are ,not
suffioient, in which event aesets or the prooeede of allsets whioh
donotqua+ifY fOr Iiuehmadtal deduotiol'l shall be tM last to be
used to lle.t:l,sfy Share #1). My wife shall have tha PQwet at any'
i:.:l.me ant'l from,time t.o time to compel thl.l Ttustee to oonvert. forth...
with any non...income pr~d\.\oing property held at any time in 8hars'#1
tio :l.nQom~ p~odueing pllOp~u;ty by dliiUverinq to1he 'l'rl,lsts. . wdut.en
d4.11eat:l.on bQ that .tfect.,
.2-
222
t'
o ,
, ,
"
.
ITmM III After dividing m~ residu~r~ estate as pro-
v:l.ded :l.n It.em I; the Executors shall d:l.sP9slI thru:eof in l:lI;1oprdance
, "
with the ~ollow:l.n9 directions I
(a) I give Share l~l and Share #2 to the Trl,\stee,
to be held in separate trusts, The net income from each trust
shall be paid, in quarterl~ :l.nst~llments, to m~ wife,msther ~enn~,
,
during her lifetime, In addit:l.on, there shall be paid to m~w:l.f8,
dUril'\9'l'ler lUet:l.me, out o~,the pr:l.nc:l.pal of Shau #1, suoh amou/:'lh
as ,she ma~ uqueet at all~ Ume and from t:l.me tot:Lme, w:l.thol,\t :e-
str:l.otion, I l'lereb~ grant to my wife, alone and :l.n all event.,
the power to appoint b~ her Will the ent:l.re rema:l.ning prino:l.pal
of ~liare #3." ftee of this tru$t, to her estate orin favor o,fan~
othet petllon 6:11 persons, but :l.n defal.\lt of sl.\cl'l appointment the
rema:l.t'l:l.nq pr:l.no:l.pal of share #1 shall be disposed of :l.n the same
manner as Share #2.
(b) upon the deat,h of my wUe Share #2 (and aho
.
SharI!! '#1, if m~ wUe has fa:Lled to exeroise the power of appolflt..
ment),t qiveto n\~'son, James F. ,Penn~, ,Jr., absolutely, pet s,~il1Pes,
X';PIllM Inl xf my wife, lllsther ,Penny, predeoeaeelil n\8,,;t
give, devheand bequ.ath aU of my Bl!lta~e "of every nature and
wherevet dtuate to my son, JamSl! F, Plilnn~,Jr" per: st:l.rP",
ITlllM IVI ~otw:l.thstand:l.n9 anything to 'the oontrary oon-
tained :l.ri any statute, :l.f'my w:l.fe and I die in a common d:l.slUts# or
othsl:'W:l.se and there is not suffioient evid.nos ElS to,whioh of Us
, ,
died f:l.tlIIt" olithat we have, d:l.edothetW:l.se bhan' s;Lml.\lbaneo~sly, all
mypr9perty pUdnq U\'ld,t this Will shall be dbptl8ed Of.1lI i~ my
wUe.had 8utv:l.vedm8,
~3-
223
it .,
,
"
'.
ITmM VI Whenever purauantto the provisions o~ this
Will all or anY patt of ~na principal of a distributive share of
",y estate, or all or any part of the principal. of ~ny trust, shall
be payable to a minor, title to the shal;',e of such' mim~r ,shall pass
to lliffi, but the payment to him of liluch lilhat'e or tt'uBtf~n(l shall
be defer*ed untiil he ~hall attain theage of twentY~five (25) yeat's.
I
,In tllS meantiims such share ot' trust fund shall be 11e14 by t1:le
Tt'ust.e" who ,s'hall aooUffil,llate the iMomS ft'om suoh shat'e or tt'ust
'func:'l, and apply all pr euuh partot! the income and pdncipal thet'eo:l!
as ths 'l'tuetee i~' iteuncontrolled discref:!.onmay detumine to t'he
euppbrti, education, anc:'l maintenanoe of suoh minot'. Thsauthority
., oonfsrredupon the Trl,l!ltee by thiS pal:ac;Jraph ehall be constt'uedas
'8 pOWSl: only, and s1\iUl not 9pel:ate to suspend, the absolute ownu...
ship of. Ill,lchpropSl:ty ,bY such minor ot to prevent the absol,ute v\,st-
in9 thenof in such minor.
With respect to the administration of
,. ..' i'
al1Y suoh Pl:OPSl:ty whioh shaH ve.t;\.h absoluteownet.h;\.p in a ,minor,
I
liInd'whioh, shall be ~eld by the Truliltee as authorillllld in this paraqraph,
the Trustee ehall h~e liIll the power. vested in it,undet the pro-
visi9ns of Item VUcf this Will, and itlilhaU be entitle4 tCl
oomm;\.ss;\.on.at the rates payable to tes\;amentarytt'uStees.
t'l'EMVII td!reot that all estate, inheritande, transfer,
le9aoy, oreuooession taxes, or c:leathdul:.:Lesi which may ,'be all8eued
Ot', !,mposedwitb respeot to my eBtate, or al'lY part thereOf wherelloever
"
BitiuatediwhethElt' 0;, notpau!n9 undElr my Will, il'lOlud.i.ng, the ta~able
valuEl of ail, p'~l~oies of inBuranCle 01'1 my lUe an40f all tnn"fll:t'll,
pOWElu,tiqhtS, or interests includible in my estate fot' the putPOSElS
of suoh ta~e. and dutiee, .hall, if my wife, msthet' Penny. lu:rviv8B
-4-
224
/'
.
0.~
\(
\~
~
\'.
, '
"
'.
-.
m., bel?ai~ out of ,Share 4~2 of my reaiduaryeatate as def:l.ntlld :l.n
~t:tllm I, ot', :l.fmy w:l.fe pt'edeoeases me" be paid out: of my r.s:l.duuy
'estate, an~ :l.neit.he,t' event. suoh payment shall be madEl as an II)C..
ponse of a~ministration and w:l.thout apport:l.onment,
I'l'I!lM V:tI I In the adminietration of my e.tate and of the
trusts 'established pursuant to this Wil~, the I!lxeoutors and Trustee
"
J
shall have the fopowing powers, duties, and discretions, in l!ld~
'dit:l.on to others now or heroafterconferred by law, t.o be exero:l..ed
in their absolute discretion in any capaoity t.o whioh such power.
m~y be appUoable I
(a) '1'0 retain, in tlleir absolute disoretiol1 and :!lor
such period or periods as shall seem adviaable to them, all or allY
part. of the property owned by me at the" tin\B of my cleath, , the pro..
perty reoeived ,at the comitlepcement. of any t,t'ust,tlnd th' property,
received in substitution therefor,
.
\l
,,(,b) '1'0 invest and reinvlilst the funds of my est~te
or Of .any trust. in property ,of ally kind, 'real, personal, mixlild, or
Cl'l)oses' in action, irrespeot:\.'fe of any stai;:ute, case, rule, or
;, '." ,,'
oUliltom limj,~ing tlle :l.nvestment of' estate or'trust funds.
,. " ;1
(0) '1'0 sell at pUblic or pdvat. ~a,le,exohanqe,
moruqag8." ,~eue (al'thoug~the term of the lease ml'y.uct~nd beYOnd
,.
the' ~e~ of any t,t'ust), and bt~erwi.e manaljJe ancl deal with real
estate,
(d) '1'0 eXElrciee ,all riqhts as the owne~ of oorporate
seouritiea, i~oludin9among others the right to vote bYP~OXY,
),'lartioipl!-\:$ ill teorganizat:ions and votin'il.trust, and ho~d sto(:lj(
~nt.ll.:l.t OW~ narou, jointly or severally, or in uhenameiot II.
-5"""
225
, '
"
"
I.
f"" ,
nominee, with ,or without dholodnq the fiduciary retationJ;lh~p,
",;
(e) '1.'0, oarty out t11e tums ,Of any IIqteement: :t may
have enteted into to 8ell all' or MY Pll);'t of anyptoplu:ty ot llny
"
,
intetest I ,may own in any business at the time of my dellth.
(f) '1.'0 borrow money and mottqage or pledge, the 1'to'"
petty of my estate 0:1:' any trust as secutity ther.,fotl to Eldvance,
ptotection , lluClh
money fot the of my estate ot any ttust Elnd seClute
EldVanoElll by a lien on the propetty of my estate ot any ttustl Elnd
toadvElnoe income to b~neficiatiss and eeoute suoh Eldvano.s~y a
lien on the futute benefits of such benefioiaties.
(q) 'I'o l1\a~e allotments anddisttibutions :Ln kind,
~,' (h) '1.'0 oomptomise an", atbittate olaims in,favot of
ot against my eetateot any ttust.
(i) 'l.'odetetmine, in thsit sole disotstion, w~at is
inoome 0:1: oorpus of my estllts or at:'ly trust, and,to apportion and
alloeat. aU teoeipts,oredits,disbuuement:s, e~1'enses, andeharg8ll
to incomeot oo/:,1'Us as theYll,hall deem 1'tope:l:' "and, eXQeptinsofllt as
they ,.hall exel:Ohe8ueh disotetion matteu telat~ng to the: tights
of ~enefiCl:l.atiefJ amonlJ tnel1\lIelvee utoo ootpUS and inoome J;lhall ')>$
govetned by t11e tulu of lawapl?l:\.o'ableftom time to time .
\ (~) 'Vo deduot ftomthe indome 'of my ,estate or Ill\Y
trust a'teetu:ve for de1'teoiat.ion of any depteoiable auet al\d to
authodlile theinoomfll beMficiatY the:l:eof to takEl,8uohdiilduotion Ol:,
',to a1'1'ottion suoh deduotion betwsenthSlnselves as ~lduoiadee and
tone il'lcoma 1;lel)efichry in Buch mllnnu u they shall, deem pro1'..l:',~
(k) To se'.1.l 1'l:01'erty ,to or 1'U;l:chUG p,t9Petty, at
p\)blio ol: pdvate .al., from any tru8t created h,eaieunder ot' any
-6-
226
"
"
I"
. .t t
.
.
,
, '
othe~ t~ustoreated by my wife o~, me 'du~ing our lifetimes wit~
the ,prooeeds o~l!Unds, from any liluoh othel: t~ust for a oons;Ldera-
tion equal to the then fai~ market value of the property, not~
withstanding tllat they o~ eith$~ of them may be the fic.'iuoiades or
'fiduoiary of bQth the selling and purohasing t~ust.
(l) To exeoute and deliver any w~itten instrument.
which they may deem advisable to oarry out any power, duty, or
d~Bci:etiongranted to them, and all per.sons /llhall ):,le fully pro_
teoted in rd~ing upon ,their powe~ to execute evsrY,liI\.\ch i~.tr\.\msnt
and no ons shall be Obligated to see ,to the applidation by them of
any money 'ac property reoeived by them pursuant to the exeoution
and deliverY of any suoh instrument.
(m) To:join with my wife infilinCjf any inao1ile tax
for anyyeatin which s\.\oh :joinder is psrmitted by law an<\
to P,M' aU or such ratable share of any taxes thereon IU they shall
deem proper ,and to" oonse,nt to any gifts m,ade by my wife during my
lifetime 1!.Ii! havii'lg 'been made one-half by me for the purpose of any
;, . ".': ", '
I'
,gUt tl'.X law, and the exercbe of suoh authodty' shall be nnal al:ld
concluSive and not, sUbjeQt t,oque,st:\.on by any person.
(1'1)
,
WheneV$r they sha).;!. have ther:l.ght to elect
, ,
whether' any item of sxpense oonnectM with the administration 011'
mY estate Or of any tr\.\st shallba claimed, as a deduotion fOr" ini;lome
ta,cl?urposes orolaimed instead as a deduotion for estate taxp\,\r'"
poses, to exe,roise suo1'\ X'ight of eleotion in suoh manner 'IU they may
iotheir absol,ute disoretion deterll\in~, to be adv:\.sable, eVan thouqh
,
the manner in whioh luoh eleotion is exercUed may r8lult. in an
,adval\tage Or d'i.adva'l'ltage to any benefioiary,as Clomparad with 1\l\Y
-7-
227
, ,
, ,
.
,
... " "l
, '
, '
.
other benefio~aty.
(0) WhenevGl:, l:equiteC! to maM a distribution ot
transfer of all or a pat,t of the a",sets of my e,state Ol= of any
trust, to l=etain thel=efrom auotssuffioient in their juClcaml'U'lt
to oovet any liability whioh may then Ol: latel: pe imposed \\pon
them, iooludinca ,put not limiteCl to,thei.r liability for estat.,
:!.nhedtl1ooe, income, or othel: taxes, untU luoh l:\.abUity'shall
have been f:!.nally determined,
(p) 'rhe ootpotate Il1xeoutor anCl 'rl:ustee ehall hav'
sole Clustody of all seoudtielil, ,papen, perlilonal pl:opert:(,and
Qalilh oomprising my probate or trust estate anCl may solelY perform
all min:!.sterial duties.
(q) I\ll poweu, duUu, and CI;l.scret;ionary authotity
'iP:anted to the lllxeoUton and 'rrustee may be exeroise<l 'by them
w:\.thoutposUnca any 'bond, w:\.thoutobtainingany order from or
"
the apPl10val of any oourt, and, w:!.thout any not:\.08 to or oonsent
o,f anyone, 'rhe Il1xeduton and 'l'l:u~tee are not to he answnablellot
any lOSS that. Clou not occur t;hrQuqh tM:\.r, owo default or nelJl:\...
caElnoe. K sucousot Il1xecutor or a suoces8or 'rrustee ehall Eluoc.ec:l
to all the powers, dut~Ela, and disoretionary authOr:\.ty of the
"o:19;1.l'\.a1. Il1xeoutOt8 and 'rruBts8.
(t)l\ny pOW8l:,Cluty, or diBcrst:\,ol'\.8.rY,author:\'tY
caranted to ths lllxeoutots and~tU8tee shall be Void to the ,extent
tha,t :\'te ,sxetoi~s eMll oal.\s$ my e~tate to lose aU or any part
of the ,tax be nEl f:\.t afforded by themadtal deduot:\.OI'\. under Fedetal
I,
Ot S\)ate lawS.
I'l'Il1M VIII' I appo:\.nt poM L. Snyder, Camp lUll, penn" '.
sylvania, and commonwealth Nat10nal $.n~, >>arri,~u~~1 Penn.ylvan~~,
-8-;
.228
.
.
.
SECOND CODICIL
I, JAMES F, PENNY I of. th~ UOl1ough of Camp llill, Count~,'
of Curilb~l1~and,Pllnnsylvania, having madll my last Will. dated. the
Sthda)' qt! S~ph!"bel1, 1972 and a First Codicil dated the ~,lst
day of May, 1974, doherElby maKe, publiBh lInd dec1al1fa this to
be a Seoond Codicil to my said last Will.,
" FIRS,'r1 I hI\l'rljlby, 1:'~voke ,Item III of my said last
Will ~nd direct that the following pal1agraph be substituted
thel1efor, '
ITEMltI,,1 If my wife , ESTHER ,B, PENNY ,shall pl1e~
"de~ease me,' t,give, devisE!, and bequeath unto COMMONW1l;i\LTH
Ni\TIONAL BANI<, Harrisburg, Pennsylvania, for the benefit of
, ,;.'"
my gr~ndohildt'en, JAMEB F. PEN~Y lIt aM TIMOTllY ROB,S PENNY,
of Bilver spr:l.n~Townshi~, Cumberland County, Pennsylvania,
, thca ,swn"of'l:wentywf:\;ve Thousand and 00{100 ($25, POP .00) 'DollarE!
eaoh, ,IN Tl\UST, to hold,mana~e, invest and rewinves\: thljlQorpus
or p:r1nl;lipal and use or apply the inoomeor prinoipal, 011 so
muoh thereof 'as, in the Trustee's disoretion,may, bll neoellssry
orappropt'1&:te for their support., maintenanoE! and eduoation
, until they t'eE!peotively attain ,t:heageof twenty~five years
whet'. suoh share so haldshall)e ,distributed to him ab~o,lut.1YI
seCOND I I herebY ,ratify and oonfirm my ,aaid' la,st:
,
will. and li',irst O~diciil exospt insofar ,ssthey are ll\od:l.f;J.edby
thill Seoond Oodioil,
t~wI'rNeSBmtE1\EOF,' 1 havehl!!reunto E!et my ,hand and "
~'
thi,S lDAaY of i\ugust, 1978. .-~. ~"-.-.-'-...-
,: seal
'This dooument wason tM
publiShed anq qeolat'aq, by Je,mlls' F, PennY' t e testator therein
named, aB andf r 'A-Seoond codioil to 'hiB, la,st Will in the pre..
,~;~o ';,~~' ~",o~~ ~~e.~:q~~~;ort~e~ Bu~r~:en~e a:\1~i~R tUe
, . '7',
n~' ~"'l /.
,,--.. 2,lt~\,. ,,', V. 'J
\~.<y) l.IXJ:(;,-~ )J(d I u. ~){J n !\<di.{ 1 ;j' I ' 17
.
(,.
COMMONWIALTH OI\PINNSYLVANIA\.
COUNTY,OI\,CUMBlRLAND ,J
....I
James F, Penni, Jr, and the Commonwealth National UaoK by Edward A, Kramer, Senior Trust
,--_..---, , -.....-otttcer
sworn apcptdln9 to I,ew, dopo", ~nd laYI thit thoY{'Il.~~"l'lItnl'q__
" of tho elhto of James f, penny " .
leto pI Borpuqb of G~mp Hil] , .. , OU~~~B~Ell,~'ltYNCho~'ao.rmd an,d th~t the
within II ei1lnvontotymedn by:~,\1.qmes F, Penny, Jr, and, the_,'iho uld_ G9.~ltMUtwtL
of the .ntlto OIhto of laId depodent, ponlhtln\l ofeU,the pmonal pr~p'~rty .nd rOl'"hh, IMP.pt tul"tate o~hlde
the OQmmonwoalth. of Ponnlylvnnle, end th.t tho (I9UtOl oppollh wh Item of tho InvotltOtyteptOl'nflt'l felr yelu.
u of tho dete of deoodont'. d.nth, '
, J,ames F . Penny, Jr ,ancl the Commonwealth
.nd Iubwlbod before me, National ijank _gt)dward Ao ~er, Senior
Trust Offi cer,~v1\.(.t{ u',~" "
19- Sif)' l'1.'I.,aw.."t.-r ' : t ,1.1.l,U-H '
u~. 0 t:\.
(' "',"'~(e- ,r. 'U:Yr (~~
boln\! duly
~INOA 'ft MclAUGIII.IN, NollY NJULIO
HARRiSaURG, OAlIf'1l11l0GUNTY
MY OOMMISSIO,N EXl'IIlES 1(0, 10,1985
M.n,iuJr, P&nnwlvanli AlsnclQIIQn of Nntirlol
...dd"'I
Dat. of Death ,...-;
1
bay
July
Month
1981
'm,
-\
. ' INSTRUCTIONS
I. An Invento'ry mUlt bo fllod within thr.e m.onth, afhr eppolntm.n\ of pmonal rlpr...nhtlve,
2. A. lupplemonflnvontory mull ,be fII.d within thltty daYI of dlloov'tY of addltlon.1 '''Ih. ,r
3, ~ddltlon.l.h..h may bo elteohed 01 to p.rlonally or realty
'II. St. Artl~I.IV,,~ldiJolarl.. Aotof 1949.
I' ~.
" t>, I'll
"
i.,! ..,..", ,
n<i \0 , ;':1 ..~.:
-e);" .- t~: "1,
t:: ~:.'.I r.l'. 'rr~
@i~~ tti ",'IJj
lil'
~'~ ~;.::~.
. .~ ~ WB
;..,t ,
u
~
I
~' ~
1/4 ~m
~;p
ii'
...
~ ]
;0., '6 i.
~ I j
il ~.J
"1
~
~ J
I'
Inventory 01 Ihe reol and per.onol utote of
'James F, Pllnny , ,
, ' ____.__{_~..~_.-"-.~.-,---..-.decto.ed;
__ ..._ ~l7""'-""""',..,~i- _ ___..._,~.....'---''''""'==r.;.''' --.on
REA~~JAT,E
SlApject prQpe~ty 15 known as 3 Bay Colon1al Style Serv1~e Stat10n (lnd 15
locllted on the West S1deof U,S, ROlAte H.1s.. East Pennsboro Towl)sh1p,
ClAmberl and gountt, Pennsyl van1 a, Recorded 1 n ClAmberl and County Recorder
o,f Deeds Sook H, VollAme 29. Page 841, dated 2/2B/811 Appral$ed at
SlAbject property 1$ known as 3 Bay Serv1ce Stat10n and 1s located on the
West S1de of State'Road (U,S, Route 11~16), East Pennsboro Townsh1p,
Cumberland County. F.nola, Pennsylvan1a, Recorded 1n Cumberland County
Deed Book M. Vol lAme 24. Page 471 dated 2/11/721 Appraised at
3, 'SUbject eroperty cons1sts ,Of 3 un1mproved lots located on Valley
Street, ~as t pennsboro Townsh1 p, SlAmn1erda 1 Q, Pa, Recorded 1 n
ClAmberland COlAnty, Deed Book M" VollAme 24, Page 471 dated 2/111721
Appra1sedat ' " '
Total R~al Estate,
1.
2,
rANG IBl..E PERSONA\:P.ROPERTV
4t' Automoblllli 1976 Cadl1h\CI appraised at
6, AlAtomoblle, 1970 Chevrolet trlAckl sold at
.1.ti!.MGIBLEPERSONAU' PROPERTY
I' ' - -
6; Cert1f1cateof, Depos1tNo, 16~2694 w1th the Commonwealth NatHlI1al Bank
dllted 417/81
7, IntEll'est lIccrlAedon Item No, 6to 7/1/B1
8. Prom1 uory Note dated March 31, 1978. w1th Jam,es F, PennY,Jr,
9t Interll$tacorlAed on' I teh\No ,8 to 71 i/B1
PremflAm reflAnd from ,Un1on F1delity ~1fe InsUrence Co,'
total Personalty"
I'
120,000 00
36,000 uu
'.1Q.IQPO 00
18600 00
2.009 00
360 00
"
60,000 00
1.6~6 61
76,046 00
3.377 00
69 22
~~
REGISTER OF WI LLS t CUMBEllLANO COUNTY
Election to Pay l,nher1tance, Tax on Fut\lre Interest
ESTATE OFl
DATE OF BIRTH,
FILE NUMBERl
James F, P,enny
July t I t98t '
473 of 198t
An 81 ecti on, 1 sheraby made a~ of April 2, t982 to have the val ue !;If .the
future 1 nterutde~ermi ned 1nthe, Trust created Ilnder the WH10f James, F, Penny
and to Plly, Inheritance Tax assElssed thereon withi n three .months as of thh date,'
THE COMMONWEALTH NATlONALBANK t
CO-EXECUTOR
BYl
006864
,1
1
I
I'.
f*un O"IC"
fMiYl'lI''''''' ~~mt\WI ,
.WH p'1J~lnuiO
.,"h'~\.'
'J,~"DIVIIIONQ
NO, 195036
,J'
,
L
ACCOUNT NAMe
JM\~S F PCld~V
\,AMOUNT
~ ~
'\'..? ,nJ ~.I\ 3
"CCOUNT NO,
1':lh~2 w';1..7
D"U" '
lJ,AR ;1'1" l')fl~
07
CO"U
,'- ,'.
"beSCRIPTION
,
!'A ll)' CU 11Bf:R LAND clY HEG t 'iTE II Of ';)1 lL ': FO!! P ^
. INH lAX
R$lAiN THIS STMSMENTF(,)R YoUUI\Be '
fHl .All"~H~b Clilck Ii IN ;A~MiNT o.-mM'()Uf!~I"Q ,,~l, I; NOI.CO...c;t plIA" .~Nl,l,IJ_noMP1\", HQ ."'1" .DttlUO,
"
lIi.comm~nwulth Natlonallhnk,'O South Mp\kM Squaro,HertlabutU. ,P/!. '1\08 11,\1!Be4.sMiO'
REV.I bQO [Xl (0.611
PUflUAU OP eKAMINATION
PENNSVLVANIA DePAflTMUNT or flUVeNUU
P,O. OOK 8321
HMRlSOUf\Q, M 17108
--. --
Dtcedont'l. Nomo ll,OIt, Flllt,ond Mlddlo Inlllall
O"CeA8ED 0 n ,lames F,
· soolll soolliTiV NUlOlm
- - 464
1. Orlolnol ROIurn 0
.
3. R.m.lnd.rR.lurn W
Valuation as of 4-2-82
4, L1fo,Blloto 0 6, PodmIElt.19T.M 0
, ROIurn Roqulr.d,
nOCK8 0, Oooodent dlbd tOilet. 7, Decedonl mllntllnod 0 IIvlno 0 ' 8, Numb., of ..fo dOPollt 0
(AtlochoopyofWIIII IIUII (Atloch 00 oftrlllll. ' bom Inv.ntorlod ,
All oorlllpondonco .nd ooi\f1donllol tlM Informlllon Ihollldbl dlrectid 101
CORRE.
8PONOSNT Nlm.
---
Undor ponolllol ofper)Uiv, IdoclofOthat I hovo o~om!ned thll rOlurn,lnolud'lno occam ponying ,ch.dulllond ,IOtlmonll,ond to tho bOlt of my knowlodg.
ond belllf.1l IllIu'i corrtet. ond compllto, Doclmllon of pr.wer other thon the PlfIOnol fOPI8I'ntollvoll hied on .lIlnformotlon of which proplf'r hOl
onv knowlodo" " '
ThO COl11monwealth
SIGNATUA op BABON
cneCK
APPRO.
PRIATE
, 1.
2,
3,
4,
6.
RSCAPlT. 0,
ULATION 7,
AND 8,
0.
TAX 10,
11,
12"
CALCU, 13,
LATION 14,
INHERITANCIl TAX RETURN
R lDeNT DEcePIlNT
a _
-
Fill Numbor -11::..01-473
Ooto 01 OOlth
Docodont'l Addron
?700 CUmberland Boulev~rd
Camp Hill. Pennsylvania 17011
l:l:ill.
2, 8upplomontol ROIurnO
Tolophony Nn,
a ,C9~EKecVtor
o South Market quare
Oil
A
"o"pIIUlollon
Rell Qlloto (80hodulo AI
Otookl8udBondl (Soll~ulo PI
Clololv Hold stock/Partnorllllp Intlrolt (Sohedulo CI
Jt\9ttgOgOl and Notol (Schodul, 01 .
COlli floMllcollenooul Pononll Property (Schodulo Ql
Jolntlv Qwnod ~ropor\y (Soh,dula Fl
TtOl1llen (Schodule 01,
TOtel Oroll AIIOtl \totel IInll 1.71
Funorol ~~MnlBl Admlnlltrotlvo COltl/MllcollDnooul
, EMponlol'(Scllodule III
Debtl/MoligaOOl/~lanl (Sohedulo n
Totol DOductlonl ftotolllnol8& 101
Not Volua o/EllltO (IIno S mlilulllno 111
Charlllblo B,O~uoltl (Schedule JI
,N" Voluo ,Ubjoot to teM III no 12mlllu,IIno 1 ~l
III 186,090.00
(2) 69~277.?2
( 31
( 4)
( 61
( 81
( 71
(01 ?44, 277 t22
(81~ 2A,24,1l.00
(101_3,007.63
~t.~40.53
~p.027.~9
17g.2~4,g:l
(Ill
l121
Value of rem~lndor Interest ll::
per attachedSchedulo
oomputtllon OmH
16, A,mount of line 14,texeblo at 811 roto
(Include valuOt/rom Schedulo Kl
IS. . Am,euntof IIno 14 taMoble et 1614 rIte
lInclude voluol fto/11Sohedule K)
17, Prlnolpal te~ dUa (edd tlM ,from line 18 plulta~ from IIno IS)
18, Totelprlor Pavmontti
(e) Amount Peld
(bl PIUI DllCOunt
(e) MlnUtlnterell
18, hlonne Due ((Ine 17 mlnutllne 10)
Meke, Chock Poyable lo! Roglltor of WillI, Agont '
... PLEAS. ASCHBOK MATH · · .
(16) ..179:264,93
M,OO"
10,766.90
(101
x.16.
(171
10.766.90
(161
(16) ,
1nt7RR.,on
N~t1QOailT BM~. Co-Exocutol'
BPABBBNATIVB(SI, ' APPM88
Estate TaK ~I~na er
bATU
'" ',ill., Ii;;.
SIGNATURE OF pf1EPAnEtl OTHEf1 tHAN f1EPRESeNTATIVB
AODtlMe
OATU
~SS~S8M~NT AND TAX~SI
r..llllIS~S'
m;aIllSST AND nllls'j! USlllI
;,"<'
r
..
VALutl'rXQNI
~
},
,
. ,
. 'l'axell ,ore I Dorqu'ilh 7 mUla
Cou,nW 7 II
sohool, 58 II
-
Total 72 mlJ,l.lI
To~al, 72 mU11I li the llSll~lIl1ec.'l val.\Iadon of $8IP~O ·
$64S,84, total. taxes,
Bubjoot WIlS le~Bllc.'l ~o BunooQ in NQvllmbe~, lP72,
termUyearll with 3w 5 yur opdonll . n,Q~O peN
month or $22,6,80 peN yeaN'
The hi'ilhallt anc.'l belltUlle ill :c.'Iefinllc.'l all ~ha\: Use
whioh ,At the time, of apprllhlll is mos\: loikelY 1;0
pto<,UPcb the; grelltoal: nlill: ratu~n tol;hlil lllnc.'lllnc.'l/ol:
buUc.'Iing ,OVClF A givCln per~Od,of);im.. a,inCls,the
oil orislls of 1974 , it hasbssn the \:enc.'lIJ,l1oy: ofths
mArke\: thl\t ths, inc.'livic.'lUall.Y opeNIll;lIc.'1llmlllll;lrtYPe
sElNvioa sutiqns hl\VIJ beel'l"olol!ing Md ,~he J,ar\JIlN
o~pl\ny opll1.'l\tec.'l Mc.'I c.'IiaClo\lntgUOl.ine s,rViCle IIta"
donll hl\ve Clome intQ lIfho\:. MlinY:'Qf thellllllt1\al.l.er
tY1?1l servioe ,stl\\:ionahAve beell, SQlc.'l fQ~'~ll;srMte
IISIlS other \:hl\l1 \lllsQHoe sGrvios stl\dol'l', ,some
of ths alternate ,uses hl\ve belm c.'Iryollll\ning8I:ore./
IImlll:L \lrOClery lI~ores /,bll,nk bllUc.'Iings' oUiCle builc.'l-
in\lll, c.'Irive"ins, mini-marketll, O\:Cl',
"
ThasUbjeqt property, in myopiniol'll ,hac.'lan .stioi
ml\tec.'lml\rket Vl\lue 1\11 Qf .:rilly 1/ lo~Ol Q,ll
, " '"", ' ,...-}.,
, , '
ONlll \J\JNbRlllD T\'IIilNT~" TH9USAND
($120/000) DOLLAR$,
~_~~.~~___~~_R_.W~.~.~~__.__~..~M~~M~.-~_.~~.M~~W~.~
J;:mploynlont, in l\Od OOmPIlI1Sa\:~()n tQ~,n\ak~I'\il" I:l\bflPpr~'~..
SlIl,arein,no mllnnerClQntin\lel1t IIpOI1 ths va~",e'r,p()rI:Gdi
Qh~ I oertify \:hl\t I have no int:orest: in ~ho propert:y
I\pprllistlc.'l, preson\: or oontemplllted,orinllny ",ortM
gfl~~, seollred thereb~. ~he aPpraiser' ~aGP.r_onl\ll~
lnspeo\:ed the property. '
I' ,
t
XNCOMlll S'l.'UO'l1
.
.
.
.
~
, '.l'h~ Inoomo/\pprooClh Clons~c1llr6 \:he esdmat:erl ~nCloh\e
oC tl,)I,I property, makil\\l <luo allOWlInClO for eXPllnsell
inourredwith 1\:11 opClrlltion and oapitalill1ng the
. not 1noomo lit a fi<;J,\lrCl Whioh wO\lld, ,eprellent lIn
att;rllotive yield ':0 /In investor t
I examined \:ho monthly and Ilnnual rentals lind, all
a basillCormy inoomo study, I have sQtforth !;he
base ront,!ot 1<;)01 whioh refleOts'a total of .l,190
par month or ~~2, 680 (:let' yaar.
"
^ review hall been ,modo of the C/urrqn\: il1!;erellt rotell
in tho markat: preellnt:ly being ohargd<lpy banke /.Ind
ioe\lranOa oompnnillll for ClonBt:ruot~on pUrpOllGSt Vrom
intorviClws Wit;h Dauphin Depoeil:'BlInkl CQrnmonWaaJ,l:h
Nlltiol1al Bank and other Bouroes, X haVe determined
" thllt tho,tiurrant int:er~st rata would, bll "prime plulI
~%" or 19% with variaple adjulltmenl:a,
, ' ,
'l.'a'king /.I "long look" at the mllrkllt, I have ~eb
forth II possibility oC 17% as II morl:gllge 1.nterllst
rota lit 70~ of value for II term of'~O yeaUt I
Qonsidert:hat: 1111 investor Oontrlput:ing tM blllllnoe
oC 30% would ,bo Mt:raClt:od to 111'1' il1vestmenll wil:h II
return of 12%, reSUlting in 1111 oVerall rlllle,of l5,92%
all follows I
Wli1IGH'l.'ED
l'OR'l.' I ON Rl\TI!l AA'l!lil
- .
, (Constllnt)
MortgaljJ~ ,70.' II .l760 . .~232
Equit~ ..4l.Q. II .l2 . ,036Q
J."OO .15fl2
OYmRhLL RATm l5.fl~~
Net II1Cloma $lfj,746 C"p1l:alh~d,@l5t92% .
(ROllt/OIlil))
~1~4,032
$l~41000
MARKET STUDY w COMPARAn~E SALES
Thill Arp~onoh yillldu <In inMcl\ti.on of Vl\lllll by oompl\r ing rlloent all10B of
llimilll~ l?ropllrtioa, and makin'J IIdjUBtmonto for dmll, loclltion, ,Phya.~olli. IInd
,
other difforonollll', Amonll the urllll llllllle uvillwod were the followin\ll
, '
,
~,~provomlln tll
Lot si~o
011 to sold
Conaidorlltion
Priee por SqiFtt
of !3uildir\\l
, Mobil-a Oil corporation
~Oooph At Oenllbiglllr ,
cornar 36th & MarkEltStrlleta, Hampdan Township,
Cllmp'Hil1, "I'at
1 Sl;ory, 3 allY sor,vioo Station dontdnin\l 1,680
llCj.f,t.
130' II 150'
JUly, 1978
$00,500
Q47.92
.
'\ i
(1) Grantor
Orllntoo
Loclltion
..~
r
I
I
Lot Shll,
Ollta sold
Conaidllration
JlriQe per Sq,Ft.
of suilc'\in\l
Arthur b'AlloBtin~,
o. Roberto
2000 Markel: str'eot, Cllmp Hill, Pa.
1 Story, SerVioe stlltiqn oonvllrtlld tostOtQ oonw
tnining, ~,302 aCjtft.
87.93' x 1501 (Irre\lUler)
,1un,'i', 1979 '
$90,000
Q39.10
(2)
OrllOtor
Grimtoo
X.oontion
'I\1lprovomenta,
(3)
Grl\ntor
GuntllG
Ltiontion
Mil1llr & NOrford, 11'10.
ChllrlBll, J; Nello, i1r. ..
cprnorSpora odva' &ol.doa\:\:yaburll 1\0a,<1/ Lowu
/lllen ~'owl'\llhip, Camp Hill, PII." "..
1 ,story sll~vloG S~II\:ioo & Tire storB oontaining
6,000 Ilq,ft, .
lOa I x 300' "
Peoombllr" 1978
$180,000
$30.00
Imprpvom,nta
Lot' S1 ZG
l)atoSold
C!0I\llidOrtlt1on.
l:'doll 'Pllr Sqtlll\li
~f !3Uildin\l
~
I'
M^RK&~ STUDY w COMP^RAP~~ B^~mS (QONT'D)
(0) acatl\:ac
araMOIl
Looation '
" J, W, Irwin, Jr.
Ut p, Oil ComPAOY
10th & ~owtl\ec $tClllll;a, Leh\oyn" 1'11' Oppoeit;e
'shopping oentsr.
2 Day aae Station oontaining 1,U4 /Iq.llt,
100' K 150'
Maroh, 1970
$l~O,OOO
$116,00
Xmpl'~JVlJrnontB
Lot Sl~o
illite $o~d
ConllidorLltlon
Pcioo Pllt llq.li'I:.,
oil, O\lUdinll
\
I
'f,
QlOlnsidQd~llthoa8 and othor sahs, wHh adjuBtmentB for \lime, 100lll:.ioll I.
, I
flndphylioal o~ArQoterhtioll, ) vAlue for the !lubjeOt oil $61 por eq.llt, Qverdl
pr ioo inoludir.\J lAnd And b\lUdin\Js ia 'iridio~tBd.
TotA1VA1UG, AooordinglY, is 1,960 sq, ft.QIl b\l,Udin\JB .$6l.0Q Ii $lU ,960
. I
(ROUNDlllD)
,13.9,00Q
"
\,
1
\
"
"il
I\ECONCI J.,II\'j.'I9.tl,
Tho inclicntionB of valuQ ae cloVQloped bl' th<!three approllchu \;0 vduII a~lI
CUI followa,
Vnlull indidntecl bl' tho C6atl\pp~oach $30,500
" Value inc1icntlld by tho II100me I\pp~cIH;:h $10,000
, ValuQ indioated bl' the Ma,tket tlpptcach $35,000
'lihll, cOllt .Jacto~1I ulled ill thlil OOllt approaoh havo blllll'l developed h'ol1\ looal'
Qon~ra(l\:orll, MlIrtlhllll VIIl.I.lrltion ~orviOll" all' wlilllall, but. not lif1\itedto, I1\Y ,oil'"
perionoa 1111 (In apprllhar and realtor, whioh roflllcU the locd PUleot COllI: Of
oonD\l~uotio"" ' ,
\l'h<l' C,OD~ I\PProl\Oh 1l0nerllllY will result ~n 110 EllloeJ.lf!nt IlII\:irnato Qf vlIluo
if tho bu~ld~n9 ill now or reasonably now" and tho improvomeotll reUllot ,~hClh1.'ilhw
aet and bellt \lSf! of tlwbndt Howovllr, whlln illems of phl'e1oal clllller1orat10n Mcl
obllolGSr,llJnCO ',\~\lst bOe$\:imlltel;l, an 111.'011 of jul;l\le~lent ill involv,ed whiooh lIubject
\l0 error t Thill app~olloh Wall, ulled ~n tniE' I\Pp~ahlll I\ll II Iluid\l ,to, the final ind1w
Qlltionof val,\lo, howQvor ,dUO \:9 tho lAr90 IImount of ellt,imated depreciation '
li,~tle Weillht, JII;appli'Od to th1ll, IIppr~lIch,
GoM~1l111' P\lrohi:\oo~s of 09mmQtcial, buildin\lB are mo1.'ll concllrnlld whh \lha
inoom&~heprOl)ertl' win produoe .rather than ita rllprodUoUgn oOst. ,Tho" ,oa$
b8110 IIllffiohn\l market data, \:0 p~ovide ~olil\b).e an" f!\ctual informa\:iQn tl;! cleVelQP
II \loo,~ indip<l\:ion o~ .v~lue on \lhe Inoome IIpproaoht The I\biJ,H,1' of the propertl'
t9 oonllinuQ to provido II roaeonllbl$r,etu~nl\ncl \lhll compG\:l.tivll poeitionof this
iiwllll,tmlJne were opnDiderlld. Noell purohasers of inoome p~oPerbiee, similar, tQ ,the
lIubjeo\;1 take in,\lo OOIHI,idara\lion tax shelter through depreoiation, lIGekinlllllon\l
\lllr.m ,rlll\l elltatll iOVelltmGnh al1cl/ot' re\:iremen\l,fUncl line!, do not ,hlllSi tllt.G to ~a:i .
lil:\;le more for 111'1 JncomlJwp~ol;luo~n\lpr.oPlJrty Buoh lIS the B\lbjeo\:, pr.oP1Uty. SUb..
~llot 1.11,!\bol,\\lat tho end of itil, eoonom1.o lih lIl\d 11tll,le Weillht 1,11 IIl,)Pl1ed)lO
this "appro!\ch. . ,
\l'hQ:Markq\l I\ppr.o/1oh reflaolla thll tel\O\lioM of tha tI'Pio~l' pUYan" "1'13 IlGUora
'" , in ,\lhe mtlr~a\l p,lqco I , SalOIl of 5 ObmparablG Sa1GB were IInllll'eed lInd ,this IIpp~olloh
Wllll'\lSe"IlQ in<Hba\l.e VAlUe. '
.
1If4Qr. Ql\reful oooBi~\),tlltiono~'(lll \:ha faotors whioh inflUenoe,VII~Uei .ill
1./111\1' opiniOn, thllt$3!l,OOO rofloolll;l \lhe markQt ,Vi:\lIlS of llhiil i~rOpGr.\lI'"
Thill ',urn l1\al' b(j 1I11ooated aB follows.
Land
. Buil(\inll " ImprOVements
TOTAL
'"
.",
$:10,000
U,OOO
$3&,000
;;
, ,
. t,l
;'
" .,
,
,
"
II.,
I',,'"
IISaUMP'l'XONS liNn, I.XMI'l'IN(l CONDITIONS
,
I'.
I IIssurne 110 oSI'one~b~lity for 11\atters leljlsl 1n9hllr,ftotllr nor Clo :r
rlln~QrMY 0lHO,10n s-to the t~tle, whi9h 18 (lOSUJl\Q~ to ~. Ijlooc.\. AU.
'1l~1l\:1h\lliQnll anll engumbrllnoQs hllVII ~een d1ors;Arded 1Inl,\ IIhll proptrllyh
apprAis8d aB IIhQ";h ftsQ IInd oloar, UhdQt rosponBible owner,h1p and Oo11\pe~en~
/11111)(\\1 oman \; .
NO ,llUrV8:,' of IIhe BUb~Qo\l_p~OPQr~YWlla undertaken,
, .'
X believe \:0\)0 reliable the ~nformllllion, idll\,\,-Uhd 11'1 lI,hUrllpClr\l
118 being f\lrnhhe!:l Il~ 11\8 by othou, ~\lt:. I 1181U11\e...,0 roeponllib1:l,hy for 11111
t "
lI(jQ\lrllo,Y'
POBSQII1l10li of th1s rllpor\: / or' aoopy ~horQof ,dQ811 no\: Clllrry wh\'l it
\:h8 r1;hll of publioation, ~or mllY it b8 UIad for IIny purpo88 by IIny bUll IIh.
IIppl10llnt, IInd in an:,' Qvont, only w1\:h proper qUlIl~f101l\:ion8. '
;, I' '
I,hllVen,O present. or, 0,ont.8mPlateIl1nt.erut 1n the property .apPr!lUe~,.
Theaist.rib\ltion ot the \:o\:lIl VlIl\l.a\:~on of',\:h1s rapOrt between h\'ld
:l\1'Id ~11\prove11\ont.eQPplieB ol1l:,o \lndllr \:he o>l1ot.~nljl pto;U11\ of ullllhallion., ;~h~
lI\lparllte'Val\lat~Onll for lMd Md bu~ld1n\l ,ll\uat. 110t. be und in oontlun(j\lion Willh
IInY' (jllhor lI.p.p~l\i~Ql- (lnll an invlllid U, BO uull, '
('Illl\ .nOt taqu1~Qdt.o9j,'VQ lIes\:i11\9ny ot, 110 Ali'l'litlrin O(lUrtl;lYUliBonof
i\li'prl\1Slil/ wit.h uforenQo 1\0 IIhepr(lpllrt~ ,~n quullion, uI'Il,,,,, IIrlllin9I1m,n~,li
balin pnv1ou8l:,o 11\lIdo \lhlir.for, " ", ' , , ' ,
IIhis
h.vll
.' "
rih~B~~li'9~1\' hasbli~n, mM1a in Qonforrm:,o ,whh \lha .\\lln~l\td.and tul'.',9f
P~o~l'IUiQl'\Ill eilhiqu ofllh') N1\or,~oao Xnll\\it.uto olll\S,B3. l1lal\lIte APptllhen "and
o,~ theSOOi,~~YOf l\~lIl:l1lrlla\:'lIPprah8t~", ""
I'
~~**~***.*********.**"***~*"*~~~*~~*
ii' ", " ,., :':' "'; "''',
,.'
~
, ,
",I "
",
J.ANPI (CON'1"Dl
SUnnOt1NPINOS I
U'1'IJ.I'1'ItS,
,
"
'1'AXSS , ASSESSMENT,
2t;lNINGI
HIOIlES'1' AND DEST USE.
"'",
J.andio Dligh~ly obove Qrade of VallllY S~ree~ and
level with grade of ~D" St~oa~.
'1'rao~D aro unimprovlld reeidehtial lo~s and'entiro
tracta orn in grolle., (Seo ^~tochlld Plot Plan) ,
Area conaista of. rllllidllntiol dwellings with the e~~
coption of. a neighborhood mini~market looated on thll
Bouth aidll of. Valley B~Uet andCllntrol Penn ~uoine88
Sohool locatod one block eouth of Valloy Strllett
Arlla ia improving due ~o tho pro~imi~y to the Capitol
City of Hor r Leburg and the expanding W8IIt Sho" area,t
PUblic allwar is availablll from Valley Street. public
wator is locatlld ,an thll south dde of VallllY s~ree~
ond would hove to be brought aoroos Valley strhet a~
the property owner'll eXPllnSO, which would be qUi~e
Il~penoive, Estimated ooat $1,500 to $2,000 per indi~
vidual'tuct,
,
,
,
,
Aaaollllment', Trac~R NOt 1 and a . $a,810
Traot No, 3 . a,alO
Total $5,oao
Milla;1l1 County 7 ' Hilh
Townahip 7 II
! School 56 II
" -
To till 72 M Lllll
"
'1'01:01 '1'OXIlS $5,020@ .072 . $:l61t44.
IIrlla is dllsignll\:lld on the East Plll'\nsboro Township
20ning Mop liS n~,I Sil1g1e Fllmily RllaLdontLII1.,
'thll highollt and bllat use of II proporty ill that u,..
to whiClh thll Innd con be put which will creoto the
'gtllotoot utility for thll land, bll i~' in profL~ or
in IImonLtLoo, and thllt which is pormL\:~od or would
bo pormittod by tho 10001 municipal or township
/lu~hodtioa, /lnd I',hat whiQh would not bll unduly
objootionabla ~o tho character of the surrounding
proporty, ,lIhd keopinll wi thin tho acope of the
.
VilWNl'XON I
Comparab~o nalon,of land in tho ~roa rango in prioo
Crom $7,500 to $10,000 por lot dopondin\l c;>n locatIon,
si ~o, ,and otha,ram(lnitios t DUll \:0 1~ok c;>f p\lbl1o '
Wp\:or'at \:ho prciporty llitOf,1, 16olltic;>n, litO., i\:,is my
opinion tho Va1UG of tho sVbjoot'propllttills bY tho
Marko\: Approaoh os of July 1',,1961 is liB fc;>llowSI
Trllot No, 1 $ 7,500
Trao\: No. 2 7,SOO
Trao\: No, 3 16,000
, '
Total $30,000
_.""~~.~~__~~_~~__""_.M._~~~.~_"~_"~_~~~_~~.~~~...____"M
~mploymon\: in Ilnd componllation fo~ makin\l this appraisal
ortl in no mDnMr oontin\lent ,upon ,tho value ~epor\:ed,
a,nd I cllrtil!ythllt, I have no financialinterllBt in' \:hd
properties appraiaod, prllsont or oontemplllted, or in any
mort<;Jllgll soo\lred thllrllby. The appraiser has Ji!IIUonlllly
inBpeo\:ed tho proJ?ertha.
I
,
\,
1
"
... "I' , . ~ " ." ,... ,.
'0"'''''''''' ,....
'I .
\~~:"J" , ~;r \\ n';(i,~,~i('1~~lt:,:;t(~I~::: "',,: ',\,1,:'" ,::',~ ~\I:(~;',r ~~r, l~!\X\~:';'~' "!~1~\;'~;W;~~'!~ 1\I,11~:I;~~~ :~r.I~~J~f:;~~~:tgr~f:~:I:~1 .;:.7"
\f,1 "\I"t.'iq4''')~I'''\('~<''''\ ~.. ,I"" I 0\..1 ""1 Ihl\I"~,\I'''I~ltl'I'',, \\.: ,.\tI~~:'\ll~~,t~'"ltfA.:~"t.
"'~~~"" 1~".1\\' ~~ ,~t,lnlll '):f; If',' I' ',t'~ 'I \ ")"1'1\ ;l:,"~lt;~I>'l~'\"\;\~!'''I''t':~~ ""'\\,t':'''~''l;I,~I,'t/l\i,'tlll\i\''~",,'j
, ''', ',u,',t \, 'I!;"~"I ,I,ll I ''I I,. ,\!' \ ' .r,\I, , ':11'1,1"""';'\11"1'\ ,,'yi, ,'I'W", ,,'.\,.;',(\)/1,\\
t I~ , ,1, " ,,'. I" ,\ j 'I ,h JI If I I' , '," ~t I,' ~
,:'~.'\', ; I' 'f I '.... ,I" .::.: ""'; . """ \ ,:: """'''''''''\ 1,\~''\.'~;::':\'l~1 :.:,1, ,1(:, :,'.1. .. ,~';i'i,"'",,"."':
Ii, ".'1.;""'1'.""."';'1":'" '/~I"'IlI"I' '.' .... ll~I\I,)',I,\.I"",\",I,":.\I'(':'\"'~' ,,:""\~':I ,I, " : .,,~,,'~.'~''''
"~,,..., I,:. 'JIll,," ~lt.r;I'rllli\lll/illl'III'itl".r?';.'!'J' 11~:,I",lj:;I,'1\\\'I:I\:.'~III\"~II\\:\,V,~I'~\I'111 \,"11"" 1 I, ...}~". '\JII\ "?':'.t"t,"
. (/,\1.: ",' " II "~I 1 tll,ltl~~"'" i I\,J \,,,,,.11 II t'",t,l\ I ,,-lOt 't, ".,.
11ft '\' '" ~f / ,(, I I ~" I '/:11 ~I " ~j;, ~I t ~\Jh, \(.. ,I'~ 1'11~~ )." \, 1~1:':1 tll, 1~'\'!~" ,I, I ,~h'.t, t'il'I~,...
.:tr, "~.' ',I'i,"" ".( .', . i.\,I; ..::\,,:': I ::" .,,':",, :: ',: ?:'.;"',:,.:o" '':<',\':;i;:,\I' '{.';,', '" ,',:~~.. ,~\\..~~ "". '';:t',.., .~.~'ti":..:~:~.~ . ~;\I"~,,ti(:c;,"'.,I,lill'': ,/ ,'~
,t1".~1 ",' I t, ",', \\ \ j':' 'qli'l\ 1 ~.:\ .' ',:,(;1, '" \ '. ',I i' /. 1),\,\ ,,' I,,,~ v/ (", ,\,':\.", ~'~'~ i 17 ',1, ~".., ~ ,I, II .,...\t! "::1, II, '1,1 ~..~ or;; I .
..,I' ,,' , 1\\,,':~t":J 1\,:';f'\'~'I' I'\~ itl'I".'i '" ",I' "," I :,,' ,d~,' l,iiU.:.j/ ,~~'j~\;\I' ,:,41, ;,; ~),,~,\,}v(.{,'rr,ji:(J..'~^~'\'1 ,;i-t
'::. :' '\',', ,:,,',l,\q,l' ,\ 1,\, fI'", t :'.i"I~~.~. 't",'I".;ill,,-",I,V' i' '(I' I ~"""1,"\'(I,H"~~~t,.,il,;)'t\I'i"'1
\ ,I I' { ,,'11\' ~~\~""~' ~;jl':,,1 '~'t."\',/.,l\ll ,:\\ '~i;/ :," "I,,:.,'.. 1,.", ~~~1 V " (r" 1 ';'1 ' "\~'~\lr~l\ '~'l~~'\ "",ll::)~,!~:~ tl~\~ ,\o:."~;~ 1::;:,;'~'}':~J.J ~'/lt \:, \.
II' t,'''' ',,' " 11'\ I,i.," I':"., 1;.,\1' ' ,~:', ./\,1, " "I':; ",o' '1;;- , t'N '4{.1.." "lIt~, " "\",' 'ii' ',il, t'J" ' ,11\'1'1) ",;. :.t.\, t ,I",
I' "\,, '.." 1\\ \ 'I")id''', 1:'1> ',"" ~ \' I' , " ,', t I .~~"~~~ I \'tl'~ ~ ~ ~,~,' ',I . "1" ,"( I:' ';":1,1\;8'\1/\"( ",11': ,4" '1"\ "~\", :~, I
; , :', ~. ;~i1" ~~ t .,\',~,\\A~I \,;'1 ~J.t 11,1: ' ;'\" :.: ~1:i\W,:/';i,"'\:-/'~:{\ :I,~~,':' ':~\l':'I'" , , ,\~ (N~) 1~1~~1 t,ii~ It~\':~,,\\ 1~~i,:,~/ri\~,~fk~~,}'~j},;tt:t't~,I,
, ,lqr, I'" ';, ,,\ \,~\ ~I".'.,jl' "">(4(~"\\"jl'~'('\:;~\\\,"~I" ,,~"i ',,'\',\'~'I,\'\ ',1,.;";~~1 "'''I:~(", ':t" l.IV,',1
".t A\~:,\~~" ;'{.!;1~:i\;~1'J::;~{ i/~:;\,;, ";:l ';\:;~~f~~'t~l, !~::~:;:~'?~'~ +: :,~):;':'8,..~,;f.'i~\ ,I : 1,:'~~~~1; ; h~~~~&~:::itJ~~W{~~~J;~~\~..::;t:~\(i
'I'I,,'I..'~~ "i\\' ~ \,;,:,.\.'1,,\ i'V,i ,1;i~'I~':\"i ',,'I)i I "I'J'\'1 ,I \ '\"11111\ \'" ,h ~ll.;l:,!I ~~ " " " ~k"" .tl(,''r~~t v\" ':~l\r"'~:'~.!:' ',:' '....., '~"")'>:\\~;"';7\I"i .
'!'\" "f.~I' 'I" 'n"I, I" I ,~\"'I 'il,I\' \1 '\ "" ......".."..~"t, ' '" "1'1' q'l\ A"" ~' ,If' t;~"""""l'l' , , I
1",,~,t\l~l~1 !~'fl 1,i;l, \""I:l:'r"/'~~l' 11'1.;f"It;l.I\,\",,-','i I., ',....f~,..\t.}\' I i:1 rL,'.~, i)~li, l,'lf't! I I" ,II 't"IY',1 . 'I' ~'"I I','
'i J 1~',I\,f",'I"I" '\"'", ", '\/"",',1 ',,'(',,'1,'1 'I II'~\-!"~'II'I"'" II '" ~..; "'.1....'" l'
I , "I ' j I ill f ,'ll ",\ i"" I' " \ " ,j 'JI" , , 'I"~ i :1', l 'I ~", I r
'!I t :' 'I';' 'If ,'t:"I. I,'~ 'il,1 ,; '\'''Ij < I,' ,.1,1, ,,1/;',' ,',i,\' ., 'J,I*i"ll, '.... . ,I .~ .tl,,,,' \","1,., i.t '..I , '~" N'. " ' I'" II'
, ',~:, " :1., '/,;..\. :;',:\", .I-! 1"':,\~(..,',.Vi," :,'>:l~,.i ;,;:".1'1/11:, \,1 ,Jt.1:.\';;I'fl',IA( 'i,.~\; III '~,JA ""il~'~,'l'I}' ~ f,~~ .-~~ ,', ""'~"II~" .~'" ~ I,'.
I, '. I", ,,'("'/,'.,I\i'I:\,,\I\\ ",I ~I \'\('1 '."'\~j''''' y'~/,ll,41/ ("'.'I'''~1 "'/' I ,. :"~"'rt ~ I~"" .. I ~ ~ .:.., " , t..;( t It'
.'", ~1"'I~/'I\t~.~JI!'~;',lj"~""'I'.I'\'I"lk,.//I";,,~;"r, i,.., ~~\;' "I'" '/il"'_'~ !I,~\l',~ ~\'\:I '~\'''lll~.:; I, .Y~~'~"'I"
. "'t" f""~' 1'0'. 7,' I.i t ~" "'{,I',\txf'j \'It l' ~ 'J'~~ "",n Irl~ .t I'," 'of'" ,
"',' . '.111, I',' ", \ I r:,t, ~l,\ll\',' /1,'1 ",',.'\1 II)' '", ~/'I' .~, I,,'f' ""\:' ; " .. ,"IJI Ii,,;', a',,, \ I ,l'",' ~ I ,111\,.....1 " 'I I,
I.,' Iii' \'/',' "r." lt~\l"\ t,' " " It,.\,,'t "t... I, .ij \ 1'L "J ..
"," , .f" .;.;::1 I' '\";"1 (1" 'h~:'~:{~~I~'V', ;i"j\'J,tIJ~~,',~, It! ".',,~("l''':~ ~\ 'I :. f' ~"';I 16\"v~\:,,,~~: '~;J~"'~, t.: '~'\~.L ""~ I
. ,. ~,; ,:.~.t,.,;', \1',', ,\'1, '~,~ 11'\Wtl'!'f;~ ,1 ~ ,,'/\','fl ;;",','(' ~t:/,~'r''''l .~, '1(" ,,' ,', t \'1 ' ,\\~V' I "',',,..,..' /,,,,..., t' l'~.
!,,' ",11. ,i~. :'tIP:\~":"f1 'n\A.\ ""111\~\';';\"I~~ ""/~1>~~l';';"" " ,!, :;r.\', I" '''''r';\'~~1 ;"'f' "h , ..,',',;.!', ,;;~I\'~.;,,~" 'I
~';\ ,\:!,,,gl,;~,'~~:!I;\i,I;!I:;/~I'~'t';':~i:'::',"'\P,"W"i~~,.(;1 ,;\~;~ ,'" ::III;:,..",~ '~'/lt~1\~ ''t-,~, ,;': f ~41 .\ f:~~1 i' 1~~l,,\~f' ~/t"
, i~' \','1 \""I';'~'~ 1";'::".,\"':';::"',":"';',F:l:.\":, P , ...'!,t" .' ~'\:;i,.~:,:Iih\:,1 . I' " :J~i~"\ ' / \""l~~' "i'~" '\~'~i ," \
'.,'1 ",I,'I'..I:'\""""'''''~'I~''t''''i11 ^".\,,,I,,:.."'\\\.,,,, ~, '\1 '.. ,..It~I"
",',1,. ,:'11 Ir;\"~jl:lt'~" .(~'qi \\1\\I:'~~,.r1 , 1 \,\\II~';tll,"I~114t\jI'II"'II"l,,\I\, .,,,-'''' 18('II('t,~ro' ~'~:\',~'
I ~'I;':~i;'i>;;'{':': '\;::~'::~,\\\ir;::,;i~b',:'~" ~:' " II," ,': ~ " I'\I::$;',~ '1\ ','j '~l:;'~"\:'~' 'l\)~"t ~'t"~l/ ~~' t'f ;Il:~"'~{" "
(,1\....',' , ," I, I' I' ",.: ! ,',,,,.; I"J I IIA~ ".,.. :' " :'X\':'o":.'~ v,\ '" . ,., '/,) ,
"I.:' "J\ ,ff' t, 'III t;,'~'\.'~1 ,j,,,,, ""\11
'. 'I' .tl" 't. "~I:,,'.,'r~I~\~\\,.,\~:l:"I.,,:.~~~,I~
.<t! I.." If oI....r.,.. 'I I 1\ '
Jt.'t'~~""'\i;i,.' fC\~t~. .~ t' "Itl.- ,.\
. t~"~t'~\'~t\~)iT"'l~'~\""'''/f \,1 .,f,' '"
.' t~ltl ,'.I~"" ",1 ""I' II, ,I.,
'" 'I'~' 'I~I~'. ."\'~h". '." ~ '1,1. \" 'I
) r"'II}'}\I"nrrl~':' \I.\,;"l+.:, k 'I"~.'\ ,h".J..
\,IJ 1'/',,\,'1 I"'li','r',,~ ..'Y';"I~I' I'
1.....,,\",\\11',..,' I I' " .'," \, II'"
"1i1 ,.f, . j~ ,'~.., it~1 \" ','I' I,. t'
1,' ~~~:~li \'(..~ 'tl~-:lt,~~~1. ..~' '~"\I\'~', '.:
,,.,,,~,,\,,\'I',,,,~L"'d',~,lt\~ i ." \~'.
IU~'i'; Y'\'I."'~I\'I'I,\,!,\,,\,-',,,,,,,'i'H lIt \'
",III,\j','\~f " .~",~....'II"',\\"...,'trl' ,'.',
I. .\,/, ....-;'f ,t-", ,I' ,
I ~I':'~'~""}I~ I\~\I',,-~J,t'~ I'J'~' '.~ " '~l,.\,.",.,\,I",
't f\" ,J 11,' ,', 1~"1. ,.. I I " ,'" ", \
~I"\'I""" '\:",'1 f,.'l~.~,."I,.'I'I"'II,J,' : ,,~."
~ l'I"';IIa..llil", f\'."" '\',,'1' \ "1'0\',. 'I
. "'\~I/(T\'..'l;'J' l i,,' ;~t,. 'U\',~rc ,\' .:~I: i: 1l:1.~' ..1:'~.:,! I
'i tll. I I ,'. .. I \ .,~ I ~ " "~" ~ t ," . I', I
I ~'V ,\,' (:1": 1/"I~.'\I'.\"" ~l"" 'I" 'I ' "I
'11"'''1.;,:, 't\+~\f:,"\ ~t'l;~\~~ "'\ I II '\",,'.,
,'~.:,~rl~"\") r:~ ,t1\':~7~1.' "IJ~j~.; '~'~~~~ ,I':. ",.:
I J}.\'.I\'lJ~~ltlj"~'l'~\'tt..,:~\i.\}\t ': ,fl"~' \' I'il
'r
,
t
1
9-3.2w29\l~w03.B
\lw12.2\l9~w052
f'"
'1"'\
';l:~r, ",,~~
"
, ".
"
\" ,
'.:,
',',"
','
, Ii
,~" ,,; ,. ~~';";'.
" ,
,'I
l
'I" d" " ;:' "', .': ~.. ..
,
":'
,:'j:-", . .~,' "'.'.
'I' ',iSl~I;,,!,~i;I''''\ ,\'Il.\'/~'i "
'lfi,l'r, ~,
,.\1' , ' , i,
,,"
"
" ~
:i
"
".,''', ,
"
"
,,', ,i 'I'''' "~~''''''I
\,:,"".-'i, ";, ,j :'-'__';' L';",."."" ',' ,', .:'",,:':
! j.';I'''.Ul;r.I~ '('\&f(~.4.."'I'.aVi!.f\\V:I.!;~>>:U,ji,~{\io'J"
":', ':'I1J\~..~.'; .!fi~~'l~'~if;o.i~'ji:':'~('~\\~:!" ~,":Jt "?; ~ ~1
",'.' ,I, .''--\'...."''i'.'' -,',h' ''':,.h".."l,.,...I'~'~.i
, _..'......-"I.......~~-\.."..
"_."~" '...~" "
__, '," """'.L....,.....;.":"'._.._"..._....."'.._.._.,...'I.'.._..'. ...'
%'mH V I \>Ihof1Qvdr puruu"n~ to tho provL'"'Lono ,ot, thh
"
WUl "11 or ony P"~t of tho pdnaipa~ of n dintributLvo ohara ot
",y OOt"tO, or "ll or any part of ~hG principal 'ot nny ~r\U~, eh~ll
bo 'I),'yabl" ,~\l a minor i ~it:~l1" to tho ohn~o of suah minor o,hall papo
~o himrbut tho payment. to hLm of suohshare or trust funashsU
llo dQfarred until ho sl\on at.t!'in tho agQ ot twsntY~fiv. (25) y.nn.
,
Xn thQ mOMtimo suah sharQ or t1'UBt fund sh~~l lla hdd by "tho
'l'ruAteQ, who ,Bh~ll' "ooum\\l"tQ tho Lnaome from p\loh ah~ra or trueu.
fund, nnd opply "ll'or suoh p~rt of uh~ inao",e and prinoipal uha~nof
ao tho '1'ruotQO in iUBuna6nuro~10d diBer.tion may ~eu.rmine ee uho
oupport," QduaaUon, ll,n!l,,,,nintenonoe of 8\1eh mino~'; The ll,u~hori~y
aonfQrpod upon thQ '1'r\lotaQ by uh10 par.9raph Bhl\11 lls aonPt~\l.d' CI8
a pO\'lor only, and 1\1\011 not oPQratc ,to Buspenl1 hho .bB61u\\a owno"H
or UP prevsnt e1\.,..llsoluto voou~
~
.liip of ouch proporty lly o\lohmLnor
. ' . . '
I
ing uhstoof in ouo1\ mino~.
ony
with rupoet to tho" .~min1.~r.t1Qn pC
I \'
B\loh prpplJrt:y,which ,sML1 voo~ 1n ""lloolu"., owne.Bhip in II .minor I .
,
onl1 wh1d1\0)101L bo:held by ~1\e Trustoo, on authorhed, in \lhis p.ca9rl\ph,
tho 'l'r,\tlotoo Bh.t1hn.'0 .11 thc !,oWarB/v.Bted, in i\l \\"dcit the pro~
If
v1tll,ono .0tXtQm vn Of ,thiowHLI and iu .haH lle QnuitL".f to
ob~iB.iontl au tho ra~oB p"yabLo to tOBtomohtaty \lruatcs..
X'1'E;N VX I X .\liract \lhat I\HG.tn~QI inl\lIriellnd., erllnafar I
lQ900Y, ot O\loaeaaion tll~.., or <:loath d\l~i.ol whiah r'ay ba ~a.G88.d
o~ i"'pooe\l with rQapQc~ to my o.tnuQ," orn'nY port uharoof w1il1lro~oa\,or
dtuntod,'w1\Qthor or."o\: pnanin~t undormy, \>I~ll, ino~\\ding thO ~~t<hllh
v.LUQ of a~l p'oLic~o'o of inouronoO on my lifo ~~dOfl\ll utllnBfcirol
POWQU, rivhto, or intar4n\'" ii\olul1ib~o ,in ",y ant.t.. for \lh" p\lrpo.oo
of ouch to~.n ~nU du\:ioo, 01\011, if. ",y wit., Ihthor p.nny, ou;viVca
J
...4-
\
, "
,
.iiA;.'tt~;:.\'~r;\~\")'S;(. ','-; .,,'.Il .{",,',
'.o~".~\i~'" .,~,~, ",~,~!".,~fJ'I\t!'J.Vi"i'i '. "", H'"
, '-' __'~ ,~ .' 'T''-' ,., !" ,j '''''''-';~' '.1 ,,'" ;" ,i. "','" t
'\'.','\::'--'~.'~"i,.,I;,.'.,;r-'!I-..\..,,',:I~' ;,,' , ' 'I
-' "_""",1;"',, _;:,,-,'-.,,.;,-:'d\t...
i'I>~'~lly;.'\",',~t':,t..;\-;,
~./:,~:;;"H,-;~~('(' "i';',', ',--
\
<1' ,
-- !~,' "'.',
1 ", 1..,.'1: ~ II -- ....:,~,';
i' ,~ ';'i ,I '.,'
!.!'.'.:r:,(Ti'::,'::.,',' ""
',.1- .I ~,,:i'J' ~' " i''-, ,--,;::,;' -- ',"" .-
, ..,,",-- ," ","'" "',,
I'"':,;;';,},.I-\';},:I"'.\,o;-, ",:,.\,T; __".- ",
, I.t ""1,'\"."1'''' t.rl,'"t",.j. ",.i'.'\'p"~ ;'+ ;',
:,,~?~~;i~:,::::'!:b!t::>::
.; ::,~,7~~';i:' \ ',<', ,
.,','
'--;..:,.
, "
, "
, '
.;lh,lli,'..I'\'II' "':"j,~:, '- ,I, .,., .//-1
",'("\ .. 1. '~."'" , ..' 1.0 ,II , .
!,\.'t~,\("ljf "\,, ,t~l'l\"\" ".;."",,,). "..,' " " ~
, , l .\ '," ' ~ I"., 'i" 'J
, ,~".. .,",
I';. --,
-J ,,;:,I,~:\ '~~~~.~ i"f.l\<~~''';;'';'''~'~''''''\' i:""i::,;'(I:';"';""\I~':"t'.,J..""'~'
" ,),1,1' .' , . f~~i~i:i't"IW"~.'--' \Ii..-""i"""'"
"1,\ !""I ,'~I,\,'.'!~:<'I",I/<,~)iS;l~i
-""
:', .~~'::;,i,:}::)>,,::\','
;,;',.--, ,,',.
."
"
/' ','
i~! ';; :;" ,'",.: ,{
:":--,,p.
.1, : 'Y~/;;\\:~~/';':X+"
':"i\';~'/'-_"\",(:\"~ "', :(;
,'i"" "
." "
1:.;1;\,i;}h~~~:\~~'~.~~,/.4't.~,.~F",~,,\',\~,..~tH.';/I/~"~~';~i~
_':'- j.. "j\~'~'l:l ~rj/!I;~ti;~\fi'V"l.(i\'.i~~~'ii:~~;:v,~l~:i:;';~\~~:ii~'
,.,'_',"" i..',', ., "".' ",,"
;",:", "'',''''i,:;
".' ,:','
";,"
,
"',,"
''i:i-'',;:'--
t'--i,',t
::'.; ,\ ':.! \__.l~: ,~' ",':~"" '!"
","'~:t<1~4~'r,~""';'I<O,":J.I04:~.I,;.,L:.'",..--~...~. J
J't'..:. ,'.. ;':', ':ti~~" ",...~.... 4i1., " '
. f "Po" ~l"l'l; S'~irt' t ."41i!t1,\t~'~?i:\~~~/1I
, . .", rl i" ."" h', 't "''', 1.,;..I-",,~
1 "':"-,\ ....""'iX,'... ....'l".I"....~...,... ..1.;..':.
h'.",'",'f'.'"
1l~"'I'
tf', 'l'.h;..",~j;-M ,,' "t",!+"'~ ';" I,.,,,jjt..
"
.. "....... ,. :
;-,--"-~,' L; , .
"\" .
.--..j...,..:.--..I_...~....".,~.....,...~ .\
mQ, hQ pa~d OuU of ShtlrO 112 \'Jt roy ruull.dunry Qnunuu lID dQf~nQd in
'""-"---~""-'''''''-''''''''.;''''''-'''''''' ....._P.,.....'
",I ~
, '
\,
!\: \ \
\
~
~.
" ,.....~........--........
, ,
Hunl t, 01', if my wUQ prod<louu"nQ mo, PO pun1 Qut of "'y tuni~unry
QuUnUQ, nl1d' in Qi\;hQr QVant uuch pnyinQnU uhull>>u l1\adu no an !"x~
PQnoQ of ndminioUrQt!.on and W~tllOUU apport~onmQnt,
n'flM VXII xn UhU l\~lnin~oUru\:ion of "'y entat!" and of the
truo\:Q ooUabt~oh.J;! purQuanl: Uo'Uhio Will,'. \lhu l!IxooUtollW and TrUQtoo
"., .-"', .
ahull' hUVQ UhQ follow~n9 powou, dU\:'~QP, and diboratiollU, in ad~
dit~On to othQru' noW orhorlllnfUor. oonfarteJ;! by laW, to ~ eMordiud
,
.
in Uhdr al\noluUil dhol!nUion in any onpooitY Uo whioh suoh 1I0Wuo
rooy ,~ appl~cablel
I
(0) TO rel;ain, in t11air absoluUe dis?ret~on Ma for
" Buch I'QrioJ;! or ,periods as slmU soe", advisable ,to Uhe"" all or any
, pnrt of uhQ propel.'Uy ownoa \>1' ",e al: the time, of my aea\:h, tho pro~
pUl.'ty receivod at thQ OOlMlancQmont of aliI', "trust, llnd ,t\\o III.'0PIII.'\:Y
,
"
rQcuivocl in nuho\:~tut~on thel.'ofor.
,(b)
,
T\'J invent and I.'einvoat the' fllncls of my estate
, ..
._ v
{~ ,
::.\/'
~
01.' of nny truo\: in pl.'oPQrty of any ~~nd, real, lIel.'opnal" mixod, , or
ol\oollS ~n ,I\PUiQn"il.'l.'eoPBot~Vn of any' ~tatute, cas~,tUlll, or
ouutom Hm~Un\J thO ~lIv.nulnel\t of ;otaUo 01.' tl.'UsU' 'fun"s',
(0) Touoll al; pUbl10 or pdva\lG ad", .l(;'~anIlO,
morU\lallo, lllauG (alU110U\lh tlw' tol.'m'ofthe leaso roa'y lll(tenc:\ ))syond
tl10 turn of IIny tl.'uut)" lIOd o~,\1~lI:wiPe It\II\1l1CjJG and deal wit" teal
OAtnbo','
(d) To GMOrO,~B(> ,ljl,l .;~ghUe aa thQ own'.t o~ OOl.'pOl.'lIto
allcl\;iU~cU, il\Ql\\qing amon\lo,I;.l\OI.'l\ thu 1.'~9ht to, votO by ptoX)'"
'lIarU~cipnuo ~I\ rQol.'CjJnn~lIotiono IInd yo'Hn\l UtUl\\:, nhtl, '\1o~t\ atOQ~
I;
ir,l tho~r own riomQn,~Ql.nUly 0; uoVllrnllY, orinll\1o I\~!\\jj Of' II '
J
""I)..
REI~P',!i{ I
n ,IlL" i
'82 SI 1',' fi I::'
1'1. .", ",,~ (
"''-I''i'II-~'~ ,:
'" .',
',"1
,
I. "'i I
INF('lRMA TION
1'hlf dOOijmenl I, the Nolio. ,'.qultea 10 be giv.n unaer S.ollon 709 of,lh. 'Inl1erll,no. .na et!~I' T.. Aol
of 1961(72 p,S, ..ollon 2486), '
If Ih. I'. I', ,p.la wllhln Ihr.. 13) monlh' efl.r 'h, a~o.lI.n\" auth, . 'alaoount of 6% of Ihe lex P.ill, I' 'lIow.a
,lnheril.nC. T.. becomu 1I.lintfuinl nln, (9) nlonlh..fler Ihe dec.aenl', 'a,,'h, Inl,'UI I' Ch,rg.a at ,Ih.
iele of ,Ix (6) Pilo.n, per .nnum o~ lh. .mounlOf unpata, Ie., Isaa eXAMP.e ae.ow) , ,
e)(AMP~ellf. ,bjl,nc, of I'jx d~e of $2,000,00 I' In e d.llnqu.nl 1I.lu, frClm 3-3-80, .nll p.vm,nl II nlta.
, an 6-23",80, the )018'..'1' c.loulat.d ., Indlo.18d b'loW:
SUP,
Pe,,'mln, lh' rate of
In,.,eat fr,onldh. I,bl. b,low,
,mp 2
MulllplV Ihe bal.nce of
18>< du, bV' the rale of,'
Inlereal,
SUP G
Aad th' In18ret!
to the b'lanci of
l.x dU.,
Inl8'..1 fronl 3~03-80 IO,6-23-ao
R,.Ull' In[ , -
, , ..2 Monlhe. , ,010
20!;lm . + .%0336
~.t.,of Int.,..t . ',1336
Belino. of Ie. du.
Rat,e of In'TN~~IResr
$2,000,00
x .01336
$ 26,70
B'I.no. of ,.x due
PTu, Inl.'",10
~' 9fP~yw.nl(+)
,.. .n
Int.,.., ,\0 0".
of p,vm,nl
$2,0()Q,00
$ 2a:70
$2,D2a,70
~,
, ,.'
, , ' ',' .
-w .....~...... ..,......... ~ ....,..........,;,...... "'...... _," -.. .......... ..'-.. ..,-.... -'......"':......-... -,.... ...0...... ",,"'- 1".... ..'-....
.. ;,0 ","" ..'. '"'................. .... ..:_,........... "." ..'...... .. ..,........ ..... _.. .;... ... .. _......... .. .."," ","" .'00 ..,.........;.; "'.00 ..,'......
,," ti
Anv perlv In In18",I, Inolullln9 th. Commonw..l\h endlh. per.on.1 ttp"..nlellv., nOI uu.ofl.dwlihlh.
$ppral,.mtnt ,nd ......m.nl meVobltOI Within ',.'V laOl d,V' 'fler "O,lpl of till, Notlc' .. provld.d bV
8,01l0nlPOl Clf Ill' Inh,rll8not .nd hlat~, Tex Ac' of 1961,172 P,8, "0, 2486 - 1001),
MAK8 tI~8I:KJl~MQN8Y I:~Q.~, PAYAm TOI "~8Qt'T8R O~ ,WmS,AQ.~TII
OaTA,CH THa' TOP PORTION c>PTHIS PQRMANO $UIlMI'r WITH, YOUR PAYM~N'r T,d THa ReOI$1'~R ,OP WILL$PC>R
TI'IGOOUNTV8HOWN ON THa ReVe~Se, SGe tHe INHeRITANce TA)( INSTRl,JCTION aOOK FOR AOoRe8S, "
ImClnlh ,006 4 m~nlh' ,020 7 monlho ,036 10 nlonlh, ,060
2 nlClnlha ;010 6 nlOnlha ,026 a monlh, .040 1 I month, ,Olle
3 mClnlha ,016 6 monlha .030 9 monlha ,046 12 monilia ,060
ll1av ,00017 11 diva ,00186 21'dm ,00362
2 deva' ,00034 .12 lIava ,00203 22 d'Va ,00369
3 dm ,000&1 13dm ';00220 2 ~ deVa ,00~Be
4 dav' ,000a8 1 4 d.v' ,00237 24 dm ,00403
IIdeV, ,080136 III dm ,00260 26 d'va ,00420
a am ,0 '01 16dava ,00267 2 e dava ,00437,
7 am' ,001,a 17 d'Va .002B4 27 ' dave ,00464
B d.v' ,001311 18 dm ,00301 2B'dm ,0047'
9 deva ,0011;12 19'dm ,00318 2S.d'va ,00488
10 dm ,00169 20 d.va ,00336 30 dave ,001100
Rt:coRni t, ,
Ilriil!, , I
'8? SIl' 1 Ii 1':)'
tH,!tj{; "/ 'I
Li.if 1:1"", 1';.
~~TION
Thl. ~ooum,nl Illhe NOllo' required 10 be giv,n untler $eollOn 70,9 ,of Ihe Inheilllnce lnd allllf Tl~ Aol
of I ge I (72 P.ll, 1I0llon 249&1, ' ' ,
If \lle \I~ II, plld Wllhin We,' 131 month' Ifler Ihl dlcedenl'l dUlh, I dllcounl of 6t. of lho IIX plid I. 111~wed'
lnherlllnoe, TI" booom.. aelinquenl nine 191 monlh. Ifler lile ao"denl" dealh, Internl I. charg,a ,t lh'
ril' olel>< (~l poro.nl per Innum on Ihl .mounl of unPlla II~. IseE aXAMPl-e eEl-OWl . ,
eXAMPl-SIIf a bll.n.. ,of II~ dU, of ,2,000,00 I. In I a.linquenllllluj Irom a-3-aO, In,d Plymenll. mlal
, ' on 8-2a-eo; Ihe Inler,.l 18 OIioullled88 indlcat,d b8lew, " "
--;.., ".'
STlP 1
Pelermln,,'lhe rIle, 01
Inleree' ,from the. ,llble b.low,
STIP a
Mul\lply Ihe b.l.noe 01
". due by, Ihe rile 01
'Inlfte.l,
,TIP G
Ada lh,' Inlfr."
10 Ihe 'blllnee 01
II"du',
In\.rll' Irom 3-03-80 10&"23-90
Rllull,ln,.. ,,' , ._~
2 MOnlh' :.. ,010
20 PeY'. + ,%0"6
RII. of In\,rll" ..' " ", 6
aillnc. of I" aue
lU\UI..JoITN..I'
TERSST
,~,OOO,OO
. ,0 ~ 33Q
, 8:10
alllMI of II' due
Plu. inlfr'" 10
~~ ~f PiY~'nll+1
.Xln '
Inllrlll \0 Dill
01 ,plym.nl
,a.oOO,OO
. 28.10
'2.02e,10
", ,. ". ;,',
.. '. .", ~, ... ,_ .. .'.. ..,.. ... .. .. .. ... '-.'" '.. ... .. .. ... ,'0' ,\,"", ,'" ",,_ ... .. .. .. ,.. _. .. - .. .. .. .. ',t' - ",," .. .. .. .. .. .. .. .. ... .. .. "" .. ft,,'" .. .. ~ ,.; ',. .. -;, ," .. ..
I monlh ,006 4,mcnlh. .020 7 mO"lh. ,Oa& 10 nlonlh, ,0eO
2 nlonlh' ,010 ' 9 monlh', ,029 9 mOnth' .040 I Inlonlh' ,O&e
3 monlhf' ,016 e monlh. .030 9 month. .046 I 2 monthi .080
~ .'
I d'Y ,00017 1 \ diY' ,001ge 2 b ~iYi ,003e2
2 'gIYI :8U~t q ~IYi ,00.503 22 diy. .Q03Oi
3 !I'l'l I 3 ~'Y. ,Do. 20 23,~'Yi .OOGS
4 ~iYI ,0 &8 14,dm ,00231 24 d'Y' .004i3
II diyi ,go.o ,II 16 d'y, ,00260 28 dm .OO~ 0.
e d.y, ' 010\ 18 aay, ,o~m 28 d.y, ,00'37
1 diY' .0.0.1 IS 17 diY' ,0 284 U dm ,004114
e divi ,00.138 Ie a'VI ,0 301 d'Yi ,00.471
II day.' ,001e2 \9 diY' ,00318 U d'y~ .OQ4B8
10. ~'Y. ,001e9 20 dlY' ,00.336 30 d'Y' .00.80.0.
,'" ~, ..,... .. ,'.. ,.. ..,.. ..: ,-. .. .. ";,,,-'.. __'" j,,; '.. .. .. .. .. . f'I .. .. ..',;. .. >-, .. .. ... .. .. .. .. .. .. '.. ..,,;. ..'.. "','" .. .., -, .' .. ," .. ., TO, ...' '.. .. - ,.,. ..' .. ,,' ," .;. .. .. ..
Any petlY In Inl....t. lr'e,l~dlnO Ihl C,l)mmo~W'''lh .nd Ihi Plt,onll'ttprnentlllv., nol .,II,lild \'illh Ihl
.pptil..m.nl Ind ......",.nl,,,,.yobj.OI '\'Vllhin' BI~lV \eO,I aiy. .fl~r rlcelpl ,elf Ihll 11/01101 .. provldld by
S'ollon 100\ of \h.lnherlllnOI 'nd S""llaxAc\ of 1981 (72 P,S, "0,2486 ,~'IOOll,
"'AKa CHICK, OR MQNav OReaR PAVAaI.I 101 "RaouTI" oP WI~~';AoaN'f"
lllllTACH THI TOp PORTIOII/ O~ THIS FORM ANDsuaMIT WITH YOUR PAYMsNT TO THI! RIQISTSR OP WILl-S ~OR
THe COUNTY !lHOWN ON THe ReveRse, SSS THE INHERIT ANCS T AX INSTRUCTION SOOK FOR APORSSS,
Rti';I)!)
'ft"'-'
, ,
,'ffi ,IUt, 1 ( 1\1 \
Inl,r,.1l
If '~Y Ilx ~UI I. p.11! wllhl~ Iht.. (01 m.;mlhl Ift,rlh, ~,o'~lh"1 ~"lh, I ~lloOunl of
fIV.p,ro.n' ,(&%)oHh' Ilx P.I~ I' IlIow,~, "
,Ih,' ~Iaoou~' P.rlol! la olloulll.~ In oll'n~lr monlh'. ex,mpl.: ~11I of d"lh' 1 ~ IIHI2,
dl"OOUnl p.Ilod .xplr., 4~ '&-82,.,
~r~\'~.l f~o~i~, o,~,o~ f(~~r'dI\~'~"~,~1~~rl\lno. II~ b.oom.. d.lInq~.nl ,I' lh. '~,Plr.llon ,of
,lnh.i,ll.noo I.XOnl lulur,' InW'" b.oom" d.lInqu.nl II Ih' .~plrl\lon 01 Iht.. mO~,lh'
Homl' ,",' ", '
-\hO dll' 0' .1,0110n 10 pr,p,y ,or" '
_ Ih. dIll of d..lh of Ih, IIf. I.nlnl or .nnulllnl
, In,.r,,1 I, o,loUlllId on I dIlly baall frqm
," 1!,IInqu,nl dll' \0 dll. of p.ymlnl On Iny II~ unplld On dlllnqu.n\ dll'
_ d,I' Of 1,,1 d.lInqu,nl Plym.nl 10 dIll of p.ym.nl on .ny unplld bll,no.,
, 1"I,r,,1 IIoh'rll,.d II Ih. following rll'"
!?!llr\Q\J.nl 0.10, AnnUli 1,~I.r..1 RII. P.IIY Irillr"IPIO,tor
a/21/43Ib ."d In~IUdlhg \2/3\1$1 8% ,000184
1/1/82 10 .nd InOludlng( 12/31/82 " 20% ,000&411
II \/83 10 Inl! InClUding 12/3 I /83 .18% ,,000438
, ThO,. '"I.lta Ih.\ b.oom' dlllnqu.nl on or. b.fqr.O.O_Mb.t 3,1, 'HI$ I will m,lntlln
. oonal.nl Inlll'" r'lt, Th', tll' In'U,ol Wh.n lh. \I~ tlr'l b,oom.. d.llnqu.nt Will
rtfll.ln oonll.nl Unlll Ih. d,lInqu.nl \IX blllnO' II plld,ln l,ulI, '
. Thlll..'I.lt, Ih.\ ~.ool\'1' ,dlllMutnl on or 1f1.1 J.nUlry' 1,'1982 will oonllln .v.rlllll.,
Inl.r,,1 r.I., ,ThUI. \lll'l Ihllr,mllnoull\lndlnll from o.I,nd.r y"r 10 o.lInl!.r y'" Will;
b. lubltol lolh. dlff,r,nl r,l" In ,ff'OIO~"OhJ,nUlrY ".
,lhlft"IIII O'loulll.d "fOllOW':
tHtllft..T "A~~. or UNPAID TAX ,)( HUM"" Dr QAV")( DMl.V IHt'''IIl'T' PAOTOft,
, ' ,
, II, t,~ b.llnot t.MllnloUllllndlngfor mllt'lh.n on. o'"nd.rV"I, .'..p.rtl.lnllr."
dtl.rmln,tlon mu.1 b' m.d. tor lIoh YII' tI Ih. ",p)lO.bl. rtl.. (OnlY on. OlloullllPh'
II n.c....ry If Ih. "\III m.I~III", Ih, Oon,lInl !"I.ra.1 r'",1 ' '
, AnY, NOIIO' I"uld ,ft,rlh, I'~ btOPM', d.llnqU.nl wlllr"l.ol ." Inl'I,II otloul,tlOn 10
fl,"'11 n 81 d,YI b,YOnd Ih. dll' oUn' nollOI, If p.ym.n\ l$ n\*dn".r IhI
Inllrlll oompul.llcn d.te ,~c\'/n on, 11\1 Notlo., .ddltlO"lllnt.rlll mu'l b. ,o.loullt,d. ..
,TOA.iIIll p'YM.nl: 1;I,1I0hl~'loP pprllon cf Ihl$ NCIIO', .nd 'ubmllWllh your p,ym,nl 10 Ih, A_Ol$t., "of Will,
ollh,opunlY .hewn pn Ih' Notle" , '" , " '
. Mdr,n infprm,llpn l$ I"I'~ On p.g. 13 pllh' boo~let,'ln'lruollpn. for Inh.rlt~O' 'h~
A,turn lor I A.,ld.nl,D'O'd.nl.', ' , ," ..,' ' , ,I:
, MI~' Oh,CO~ Orhlen,y \lrd,r p,yt!lt, 101 R,gl".r pf' Willa, M,nl.
PIIoou"l:
6/24/61
9/18/61
10/9/61
2/10/82
3/22/62
3/29/82
.,411/82
4/21/82
817/61
8124/61
8/24/81
6/24/61
8/25/81
'8/27/81
, ,
f131NClPA~RECElPTS
llalancR per inventory attached
Adjustment to the inventory d~e to typirlg error
TOTA~PRINCIPAL
$316,~69.22
0.0,00)
B~6,649.22
flill!\UPA~CONVERSIONS mo CASH NO GAIN!~OSS
Certificate of Deposit #16"2594 with Commonwealth
National Bank dated 417/81" $ 60,000,00"
660 units Commonwealth National sonk
Common Fund A"2 660.00
, ,
300 units Commonwealth National Bank
Common Fund A~2 ' 300.00
6un1ts Commonwealth National Bank
Common Fund A~2 ' 5,00
$76';046 Promissory,Note dated March,,31, 1978
with James F, Penny, ,~r. ' 76,046.00
13..800 units 'commonweal th National Bank
Common Fund N2 13.,600.00
'62,000 units Commonwealth ,National Bank
Common Fund A"2 62,000.00
2,961 unit" Commonwealth National Bank
Common Fund A"2 21961,00
$ 1.74
60,00
"
1,200,00
4,718.26 "
1,620.63
18.00
3
eUOK ;U.lI) 11'~i'A;6
COMMONWBALTH of PBNNSYI.VANIA
cOUNTY Of QUMBIRI,AND
}
Itl
:::,-~~~\h\.~-S'
... I~' - .:-':i., 'f}j~", C!
, , 4.laJ{.1" ' , ,
{",6, ,~I,,' .,.-;:
I 'j f);t LINp'~ M,'MCL,~UGtJLIII, NO,I, 'PUULIO
\ .'\ .. "\ ,HMRlSOURG, O^UPHlN ,CGIJlHY
... .); ',,I','J'l' '/\ I MY COMMIS$tGNEXPIRLSrLO, 10, 1985
\, (1/.."" ,"", ;'~tm\'llr: Penn"IVlntl AI10CIlllon of Notlrles
"" 'In'l ';''', '
'III. ...'
D 11111'11' \'h 1
at. ot ,,,..I ----
OI,V
James fl. Penny, Jr, ~nd the Commonwealth National Bank by Edward A. ~ramer. Senior Trust
" , " ___________ ,~.--- , ," .--~fftcer
beln9d~ly , SWOrlL-____ according to law, dop(l1Ol and UYI that the y...:.,cp...Exec.u.tQ.l:.5 .
_ _~. 01 Iho Ellateol James P. Penny
lele'ol Boroyqh ofC~mn H11 J ", '" ,",' " '. ' C~~81~d8!1d'ei,~l\t'YNgt~o~ea~...d en,d thetthe
wllhln II an Inventorymadqby -,,-_.J.~.!etL"'pennY I Jr." a,nd" the_~, 'the lala "Co.Exec4tors
o,llho onllro 011410 III uld dooodonl"ollnllllh\9 ,of all Iho, porlonal prop'~rty and roal uhle, exoept ,r..1 uhle 1I~,hldu
the Cllmmllnw..lth, 91 Ponnlylvftnla, ftnd thaI tho 119~rO\ oppollte eaoh lIem III Ihe Inventoryreproltnl It', hlr value
II III tho dalo 01 dooodonl'l MAth,
James P. Penny. Jr., and thllCommOnwealth
Nat1onalBa, nk~.Jdwarcl A. .Kl::A, m"el"~lln10r
Trust Off1cerLc<~~ l1..I'itj,~ ..
19..r'l.a- ' ' ,C:Q;h..~t~r' M',lh.llI.IIJI ' ' ,.
.-c_~-~,?,_ e~..r. ~
~~ ~
__ _ end ,ubI ~rlbed bolor., m~,
"'dd,,,,
I
JulY
Month
t9~1 .
V..,
INSTRUC,.,ONS
" All Inytnl9ry m~,1 ,be flied within Ihr~e moMhl ~ltor tpp91ntmenhl pe'lantl repreltnhltve.'
2. A luppltmonl Inventory 'm~11 be IlIeel wlthlnthlrlydltYI QI dhoovory 01 tddltlontl lI'th.
3. . Addltlonthhooh mty bo .ttaahed ,~. to Perlonally or really
4. S.. A,t1~I. IV,Fldllola,luAat Q11949,
,.. 1
m I'!<!i"
~ =
t; ~ ! j l
i ~ Q; I,
I; ~ '... i.
~ i 0
IJ
"'"
. ~
u.
" I)
i ~ J
,-!~_:t-:_,
8tH
Wi.:
~"':
""
N
.l.1.:t,
:;;r~
fX5
~i N
CO
" ~ ~
~8 ....
f:l
.~ ~
~I~
8 ~
~ ~
III 'U
. ~ ..
. ~ ~ "I
~ h ',"I
I 'i U
~ .
u
r
. ~ 'T
,r.,
~ 1) ~.
"o-,,!
~ "i
e ". _~J
!.l ',~~ ..:!}
f:l ~ 'n~'
~ , i~~'-:
e ffi
p III
~ I
rH 0
; -',
~
[;IJ
.~
c t
...
"
,.
."
0:
W
~,~ g,
R ~ ~, ~ f.G
r '~#. na
l..l 0 I' ,
) ,," ~, ~
~ ~ I
o
o
i! '
If - H
RE~~ PROPER~Y SIT~AT~ and known ,as three
unimproved 19ts, Valley Street, East
pennsborq Township, Summet'<:tll1e,
Pennaylvania. See Deed <:tated February J.l r
1972 and reoO;l:'ded in Cumberland County Deed
13qok, Mr Volume 24, Page 471, more
partioularly ,boUnded and desoribed as
follows, to Witl
~:ti;y N~hel~t, 131~:~::ri, :;p~~ ;rh~n leitfe~~
Road,thenol\l lI1on9 lands of Paul E. Gill,
formetlyWill,iam R. Imd Miriam C. WhitMre,
.,NOrth ~ <:Iegrees Eallt;l.50 feet to an' iron pin
in t~e southern ine Of a 15 fee~ widl\l l!l+ley,t
henoe along the southern line of said 15 feet
wide ,alley South BB de9,rees Illast, 150 feet to
o.n iron .pin, thenoe along lands Of Ilarvey
Franklin Sh~man South ~ degrees West 150 feet
to an, i,ron pin ,in ValleyStrElll!,t,thenoe alon9
Vdley Gree Notth 88, degrees West 150 feet to
'an );ron pin, the plaoe Of BJl1GINN;I;NG. '
"
TRACT NO. 2113l11GINNING ata poin't in the
'Qenterof ValleYStr~et", formerly Qall,ed the.
Seifert Road, at, the, western +,ine of "13"
Stpeet, thende. alon9, th\'l Qentet line, of
Vell1ey Str\llet Sout,h 84 degrees 30 ,minutes
wes,t' 411 feet, more or, 'less, to, eI poj:nt,
, ,the,noealon~ the oenterline of Vlllley Street
Nortr ,8Baegrees we,st 180.85 feet to a point"
thenoeellong.lands .of Jelmes F. Md Esthelt B.
j?enny ,North' 2 degrees East, 15.0 ,feet to elpin
:Lnth\l s,outher,n +:Lnli! of sa:Ld' lS feetw:Lde
!~+~he~~~t~h~~a~e~~e:~~rEaoBl :N~,f~:t I:;~t: a w~a~
al,ley ~nd "a" S.tr~et' thenoe. along ,the
W~,l!tern 'Une ,oS: "Bu Street. South 3,B <:te'l1rees
EMt 1~5,feet, more or leBs; too. point, the
p+aoe,of' 13EGINNING. " ' ,
I))MCTNO. 31 l3mG:tNN:tNG at; a l?0~\it. :Ln. the
Cel~t:.r of Valley $treet at thawester,n Une
o1l1and!l of, <Tames F.and Kathryn I. Baddorf,
thence dong thecent.er line, of Valley Bt.:tl~e1i
South 87 degrees 2~ minutes West 225 feet to
~t~~;~t~9~~~n~~ ~~~~~~t:ew:Nt.i:t i:Lf:e~f t~B:
" p4.n' thenoe i\l,onCjJ the BC)uthe%:,n Una Of a 15
f$et wide,aUey, NOrth as d,egre$B :1:9 minuteB
E~st 326~5 fl\let. to a pin, thenoe a1,on9 landS
DuOK ..I,' " '17