HomeMy WebLinkAbout04-24-07
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15056051058
REV-1500 EX (06-05)
PA Department of Revenue '*
Bureau of Individual Taxes
PO BOX 280601
Harrisburg, PA 17128-0601
ENTER DECEDENT INFORMATION BELOW
Social Security Number Date of Death
OFFICIAL USE ONLY
County Code Year
File Number
INHERITANCE TAX RETURN
RESIDENT DECEDENT
21 06
0863
Date of Birth
206-10-9246
08/29/2006
05/04/1918
Decedent's Last Name
Suffix
Decedent's First Name
MI
Shank
William
T
(If Applicable) Enter Surviving Spouse's Information Below
Spouse's Last Name Suffix
Spouse's First Name
MI
Spouse's Social Security Number
THIS RETURN MUST BE FILED IN DUPLICATE WITH THE
REGISTER OF WILLS
FILL IN APPROPRIATE OVALS BELOW
. 1. Original Return
2. Supplemental Return
3. Remainder Return (date of death
prior to 12-13-82)
5. Federal Estate Tax Return Required
6. Decedent Died Testate
(Attach Copy of Will)
9. Litigation Proceeds Received
4a. Future Interest Compromise (date of
death after 12-12-82)
7. Decedent Maintained a Living Trust
(Attach Copy of Trust)
10. Spousal Poverty Credit (date of death
between 12-31-91 and 1-1-95)
o 8. Total Number of Safe Deposit Boxes
4. Limited Estate
11. Election to tax under Sec. 9113(A)
(Attach Sch. 0)
CORRESPONDENT _ THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO:
Name Daytime Telephone Number
Diane M. Oils, Esquire
Firm Name (If Applicable)
",i' '.w, ,
Oils & Oils
First line of address
~ \
1400 North Second Street
L,l.J
Second line of address
First Floor, Front
C?
--J
City or Post Office
State
ZIP Code
OAl L F:Li'~',
Harrisburg
PA
17102
Correspondent's e-mail address:
Under penalties of pe~ury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief,
,t i~ue, correct and complete. Declaration of preparer other than the personal representative is based on all information of which preparer has any knowledge.
(lJi!lv:Ji~'F~R"~NG:TU~_ . /?-t'/,;z #--/:p~/
LGflllL.,df/tt!4/t.T.,iltf&-- OAOE
ADDRESS
PLEASE USE ORIGINAL FORM ONLY
Side 1
15056051058
~
L
15056051058
~
---I
15056052059
REV-1500 EX
Decedent's Name:
William
T Shank
RECAPITULATION
1. Real estate (Schedule A). .................................... . . . . . . .. 1.
2. Stocks and Bonds (Schedule B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 2.
3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) . . . .. 3.
4. Mortgages & Notes Receivable (Schedule D) . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 4.
5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) . . . . . . .. 5.
6. Jointly Owned Property (Schedule F) Separate Billing Requested. . . . . .. 6.
7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property
(Schedule G) Separate Billing Requested.. . . . . .. 7.
8. Total Gross Assets (total Lines 1-7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 8.
9. Funeral Expenses & Administrative Costs (Schedule H). . . . . . . . . . . . . . . . . . . .. 9.
10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I). . . . . . . . . . . . . . . . 10.
11. Total Deductions (total Lines 9 & 10)................................... 11.
12. Net Value of Estate (Line 8 minus Line 11) .............................. 12.
13. Charitable and Governmental Bequests/See 9113 Trusts for which
an election to tax has not been made (Schedule J) . . . . . . . . . . . . . . . . . . . . . . . . 13.
14. Net Value Subject to Tax (Line 12 minus Line 13) . . . . . . . . . . . . . . . . . . . . . . . . 14.
TAX COMPUTATION. SEE INSTRUCTIONS FOR APPLICABLE RATES
15. Amount of Line 14 taxable
at the spousal tax rate, or
transfers under Sec. 9116
(a)(1.2) X .0_
16. Amount of Line 14 taxable
at lineal rate X.O 45 16,765.02
1 7. Amount of Line 14 taxable
at sibling rate X .12
18. Amount of Line 14 taxable
at collateral rate X .15
15.
16.
17.
18.
19. TAX DUE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.
20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT
15056052059
Side 2
L
Decedent's Social Security Number
206-10-9246
0.00
0.00
0.00
0.00
14,556.50
3,834.03
0.00
18,390.53
1,625.51
0.00
1,625.51
16,765.02
0.00
16,765.02
754.43
754.43
15056052059
---I
REV-1500 EX Page 3
File Number
Decedent's Complete Address:
DECEDENTS NAME
William
STREET ADDRESS
208 Senate Avenue, Apartment 819
21
06
0863
T
Shank
DECEDENTS SOCIAL SECURITY NUMBER
206-10-9246
CITY
Camp Hill
I STATE
PA
ZIP
17011
Tax Payments and Credits:
1. Tax Due (Page 2 Line 19)
2. Credits/Payments
A. Spousal Poverty Credit
B. Prior Payments
C. Discount
(1)
754.43
550.00
Total Credits ( A + B + C ) (2)
550.00
3. Interest/Penally if applicable
D. Interest
E. Penalty
--~--~---~---- Total Interest/Penalty ( 0 + E ) (3)
4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT.
Fill in oval on Page 2, Line 20 to request a refund. (4)
0.00
5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5)
204.43
B. Enter the total of Line 5 + SA. This is the BALANCE DUE.
(SA)
(5B)
A. Enter the interest on the tax due.
204.43
Make Check Payable to: REGISTER OF WILLS, AGENT
PLEASE ANSWER THE FOllOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS
1. Did decedent make a transfer and: Yes No
a. retain the use or income of the property transferred;.......................................................................................... 0 [K]
b. retain the right to designate who shall use the property transferred or its income; ........................................... 0 [K]
c. retain a reversionary interest; or....................................................................................................................... 0 [Xl
d. receive the promise for life of either payments, benefits or care? ...................................................................... 0 [Xl
2. If death occurred after December 12, 1982, did decedent transfer property within one year of death
without receiving adequate consideration? .............................................................................................................. 0 [KJ
3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? .............. 0 [KJ
4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which
contains a beneficiary designation? ........................................................................................................................ 0 [K]
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN.
For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse
is three (3) percent [72 P.S. ~9116 (a) (1.1) (i)].
For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent
[72 P.S. ~9116 (a) (1.1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and
filing a tax return are still applicable even if the surviving spouse is the only beneficiary.
For dates of death on or after July 1, 2000:
The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death to or for the use of a natural parent, an
adoptive parent, or a stepparent of the child is zero (0) percent [72 P.S. ~9116(a)(1.2)].
The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in
72 P.S. 39116(1.2) [72 P.S. 39116(a)(1)].
The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent [72 P.S. 39116(a}(1.3)]. A sibling is defined, under
Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption.
REV-1502 EX+ (6-9.
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE A
REAL ESTATE
ESTATE OF
William T. Shank
FILE NUMBER
21-06-0863
All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be
exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts
Real property which is jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
1. NONE
DESCRIPTION
VALUE AT DATE
OF DEATH
TOTAL (Also enter on line 1, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
000
REV-1503 EX+ (6-98)
SCHEDULE B
STOCKS & BONDS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
William 1. Shank
FILE NUMBER
21-06-0863
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
1.
DESCRIPTION
VALUE AT DATE
OF DEATH
NONE
TOTAL (Also enter on line 2, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
0.00
REV-1504 EX+ (6-98) t
_9/&~~
~
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE C
CLOSELY-HELD CORPORATION,
PARTNERSHIP OR
SOLE-PROPRIETORSHIP
ESTATE OF
William T. Shank
FILE NUMBER
21-06-0863
Schedule C-1 or C-2 (including all supporting information) must be attached for each closely-held corporation/partnership interest of the decedent. other than a
sole-proprietorship. See instructions for the supporting information to be submitted for sole-proprietorships_
ITEM NUMBER
NUMBER
1. NONE
DESCRIPTION
VALUE AT DATE
OF DEATH
TOTAL (Also enter on line 3, Recapitulation) $
(If more space is needed. insert additional sheets of the same size)
0.00
REV-1507 EX+ (6-98) t.
'*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE D
MORTGAGES & NOTES
RECEIVABLE
ESTATE OF
William 1. Shank
FILE NUMBER
21-06-0863
All property jointly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
DESCRIPTION
VALUE AT DATE
OF DEATH
NONE
TOTAL (Also enter on line 4, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
0.00
REV-15G8 EX+ (6-98) t.
'*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE E
CASH, BANK DEPOSITS, & MISe.
PERSONAL PROPERTY
ESTATE OF
William T. Shank
FILE NUMBER
21-06-0863
Include the proceeds of litigation and the date the proceeds were received by the estate.
All property jolntly-owned with right of survivorship must be disclosed on Schedule F.
ITEM
NUMBER
DESCRIPTION
PNC Checking Account #51-4005-6798 - PNC Money Market #50-0190-1671
VALUE AT DATE
OF DEATH
12,63405
United Health Care - Reimbursement
527.10
AIMCO Reimbursement
455 00
AIMCO Reimbursement
617
CIGNA Group Insurance - Reimbursement
300.00
T-Mobile Reimbursement
2541
Comcast Reimbursement
46.29
Verizon - Reimbursement
948
Erie Insurance Group - Reimbursement
453.00
Couch, Bed, Dresser, Table with 2 Chairs, Misc. Kitchen Items
100.00
TOTAL (Also enter on line 5, Recapitulation) $
14,55650
(If more space is needed, insert additional sheets of the same size)
REV-1509 EX+ (6-98) r,
'*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE F
JOINTLY-OWNED PROPERTY
ESTATE OF
William T. Shank
FILE NUMBER
21-06-0863
If an asset was made joint within one year of the decedent's date of death, It must be reported on Schedule G.
SURVIVING JOINT TENANT(S) NAME
ADDRESS
RELATIONSHIP TO DECEDENT
A Robert G. Shank
609 Magaro Road
Enola, PA 17025
Son
B
c
JOINTLY-OWNED PROPERTY:
LETTER DATE DESCRIPTION OF PROPERTY % OF DATE OF DEATH
ITEM FOR JOINT MADE INCLUDE NAME OF FINANCIAL INSTITUTION AND BANK ACCOUNT NUMBER OR SIMILAR DATE OF DEATH OECOS VALUE Qf
NUMBER TENANT JOINT IDENTIFYING NUMBER. ATTACH DEED FOR JOINTL Y.HELD REAL ESTATE VALUE OF ASSET INTEREST DECEDENTS INTEREST
1. A. 08/29/96 Bank of Landisburg Checking #0622214 7,668.05 50% 3,834.03
TOTAL (Also enter on line 6, Recapitulation) $ 3,834.03
(If more space Is needed, insert additional sheets of the same size)
REV-1510 EX+ (6-98) r,
'*
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE G
INTER-VIVOS TRANSFERS &
MISC. NON-PROBATE PROPERTY
ESTATE OF
William 1. Shank
FILE NUMBER
21-06-0863
This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes.
DESCRIPTION OF PROPERTY
ITEM INCLUOE THE NAME OF THE TRANSFEREE. THEIR RELATIONSHIP TO DECEDENT AND DATE OF DEATH % OF DECO'S EXCLUSION TAXABLE
NUMBER THE DATE OF TRANSFER. ATTACH A copy OF THE [)fED FOR REAL ESTATE. VALUE OF ASSET INTEREST (IF APPLICABLE) VALUE
1. NONE
TOTAL (Also enter on line 7 Recapitulation) $ 000
(If more space is needed, insert additional sheets of the same size)
REV.1511 EX+ (12'99).
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
SCHEDULE H
FUNERAL EXPENSES &
ADMINISTRATIVE COSTS
ESTATE OF
William T. Shank
FILE NUMBER
21-06-0863
Debt. of decedent must be reported on Schedule I.
ITEM
NUMBER
A.
DESCRIPTION
AMOUNT
1.
FUNERAL EXPENSES:
James R. Gingrich Memorials
125.00
B. ADMINISTRATIVE COSTS:
1. Personal Representative's Commissions
Name of Personal Representative(s) Waived
Social Security Number(s)/EIN Number of Personal Representative(s)
Street Address
City
. State
Zip
Year(s) Commission Paid:
2.
Attorney Fees
1,20000
3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation)
Claimant NONE
Street Address
City State .Zip
Relationship of Claimant to Decedent
4. Probate Fees
5. Accountant's Fees
6. Tax Return Preparer's Fees
7. Cumberland Law Journal
Carlisle Sentinel
103.00
7500
122.51
TOTAL (Also enter on line 9, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
1,62551
REV-1512 EX+ (12-03)
'*
SCHEDULE I
DEBTS OF DECEDENT,
MORTGAGE LIABILITIES, & LIENS
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
William 1. Shank
FILE NUMBER
21-06-0863
Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses.
ITEM VALUE AT DATE
NUMBER DESCRIPTION OF DEATH
1. NONE
TOTAL (Also enter on line 10, Recapitulation) $
(If more space is needed, insert additional sheets of the same size)
000
REV.1513 EX+ (9.00)
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~
SCHEDULE J
BENEFICIARIES
COMMONWEALTH OF PENNSYLVANIA
INHERITANCE TAX RETURN
RESIDENT DECEDENT
ESTATE OF
William 1. Shank
FILE NUMBER
21-06-0863
RELATIONSHIP TO DECEDENT AMOUNT OR SHARE
NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE
I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under
Sec. 9116 (a) (1.2)]
Randy G. Shank, 609 Magaro Rd., Enola, PA 17025 Son 331/3
Kathleen Helen King, 831 Humer St., Enola, PA 17025 Daughter 331/3
Jeffrey Lynn Shank, 904 Humer St., Enola, PA 17025 Son 331/3
ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET
II NON-TAXABLE DISTRIBUTIONS:
A SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE
B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS
TOTAL OF PART 11- ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 00
(If more space is needed, insert additional sheets of the same size)
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REGISTER OF WILLS
CUMBERLAND County, Pennsylvania
CERTIFICATE OF GRANT OF LETTERS
No. 2006-00863 PA No. 21-06-0863
Es ta te Of: WILLIAM T SHANK
(First, Middle, Last!
Late Of:
CAMP HILL BOROUGH
CUMBERLAND COUNTY
Deceased
Social Securi ty No: 206-10-9246
WHEREAS, on the 2nd day of October 2006 an instrument dated
March 21st 2000 was admitted to probate as the last will of
WILLIAM T SHANK
(First, Middle, Last!
late of CAMP HILL BOROUGH, CUMBERLAND County,
who died on the 29th day of August 2006 and,
WHEREAS, a true copy of the will as probated is annexed hereto.
THEREFORE, I, GLENDA FARNER STRASBAUGH Register of Wills in and
for CUMBERLAND County, in the Commonwealth of Pennsylvania, hereby
certify that I have this day granted Letters TESTAMENTARY to:
DIANE M DILS
who has duly qualified as EXECUTOR(RIX)
and has agreed to administer the estate according to law, all of which
fully appears of record in my office at CUMBERLAND COUNTY COURT HOUSE,
CARLISLE, PENNSYL VANIA.
IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal
of my office on the 2nd day of October 2006.
~#n~G~J
!Jqii)Jk ..
**NOTE** ALL NAMES ABOVE APPEAR (FIRST, MIDDLE, LAST)
LAST WILL AND TESTAMENT
OF
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o
WILLIAM T. SHANK
9
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te:
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N ~~:waLIAM T. SHANK of the Borough of Lemoyne, Cumberland County,
~ ~iEi:
trenn'ij~~, declare this to be my Last Will and revoke any Will previously made by me.
S; aS
g ITIN\f 1: 1 devise and bequeath all of my estate of every nature and wheresoever situate,
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together with insurance thereon, in equal shares, to my three (3) children, RANDY G. SHANK
of 609 Magaro Road, Enola, Cumberland County, Pennsylvania; KATHLEEN BELEN KING
of 831 Humer Street, Enola, Cumberland County, Pennsylvania; and JEFFREY LYNN SHANK
of 904 Humer Street, Enola, Cumberland County, Pennsylvania; and 1 direct that issue be made
on a per capita basis.
ITEM 2: 1 direct that all taxes that may be assessed in consequence of my death, of
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~
~ whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as
~'\ '" a part of the expense of the administration of my Estate.
Bi' ~ ITEM 3: I direct that all my just debts aud funeral expenses be paid as soon as practical
~ ; after my death.
~ H ITEM 4:1 appoint my son, RANDY G. SHANK of 609 Magaro Road, Enola,
~ H
~ ~ Cumberlaud County, Pennsylvania, Executor of this my Last Will. Sbould my SOIl, RANDY G.
SHANK, fail to qualify or cease to act as my Executor, 1 appoint my daughter, KATHLEEN
;t
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HELEN KING of 831 Humer Street, Enola, Cumberland County, Pennsylvania, Executrix of
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this my Last Will.
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ITEM 5: I direct that my personal representatives or their successors shall not be
required to give bond for the faithful performance of their duties in any jurisdiction.
ITEM 6: Upon my demise I direct that my body be buried in the Stone Church
Cemetery, Wertzville Road, Silver Spring Township, Cumberland County, Pennsylvania.
IN WITNESS WHEREOF, I have hereunto set my hand and seal to this, my Last Will
and Testament, this M day nf /l1I~' ,2000.
w~~~~yfl
WILLIAM T. SHANK
Signed, sealed, published and declared by the above-named Testator as and for his Last
Will and Testament in our presence, who, at his request, in his presence and in the presence of
each other, have hereunto subscribed our names as attesting witnesses.
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COMMONWEALTH OF PENNSYL V ANlA )
) ss:
COUNTY OF CUMBERLAND )
We, WILLIAM T. SHANK, (!4t-yCIt. St .J....j~<V, and
, the Testator and the witnesses respectively, whose
names are signed to the attached or foregoing instrument, being first duly sworn, do hereby
declare to the undersigned authority that the Testator signed and executed the instrument as his
Last Will and that he had signed willingly, and that he executed it as his free and voluntary act
for the purpose therein expressed, and that each of the witnesses, in the presence and hearing of
the Testator, signed the will as witness and that to the best of his or her knowledge, the Testator
was at the time eighteen (18) years of older, of sound mind and under no constraint or undue
influence.
~~~~
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WItness
~ >;.'J1Ik~
Witness
Subscribed, sworn and acknowledged before me R",,-%r. ;1,.fo;,"<---- by
~LIAM T. SHANK, the Testator, and subscribed and sw to be ore me by
~t...Jt... St,~~4"" and , the witnesses,
this~S"" day of 111.~ ,2000.
Notary Public
~"-:mJ~~-~
OO.;.R1d r~i3;~.:. ,
H:N~V F. COYNE, i.f'::"~.i7 F<;S~;e
Ham,.,don Twp., Cumb,'!'k:oj C':;l'r:y, ?A
My Commluion E::pln.:$ .'Jf.;, i ,,/, 2000 i
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