HomeMy WebLinkAbout10-22-82
COURT OF COMMON PLEAS OF CUMBERLAND COUNTY,
PENNSYLVANIA ORPHANS' COURT DIVISION
NO. 21-78-407
ESTATE OF SARA S. MILLER, Deceased
Late of the Borough of Carlisle
FIRST AND FINAL ACCOUNT OF
FARMERS TRUST COMPANY, ADMINISTRATOR C.T.A.
Date of Death: August 22, 1981
Letters Granted: August 28, 1981
First Complete Advertisement of Grant of Letters: September 18, 1981
Account Stated to October 22, 1982
SUMMARY & INDEX
Pages
PRINCIPAL
Receipts
Net Gain on Conversions
2
2-6
1,037,865.16
4,318.99
1,042,184.15
64,312.28
977 , 871. 87
211,646.70
Less Disbursements
6-7
Less Distributions to Beneficiaries
7-8
Capital Changes
8
Principal Balance Remaining
INCOME
Receipts
Less Disbursements
8-9
9
75,176.90
200.00
74,976.90
50,000.00
Less Distributions to Beneficiaries
10
Income Balance Remaining
COMBINED BALANCE REMAINING
L';,~.) ':,.'2 ")/~
I.~" ..1_ .,..:;,; t H.. ~
L2
766,225.17
24,976.90
g===Z2~:!:~~~=~Z
COMPOSITION OF NET BALANCES
PRINCIP AL
800 shs. Carlisle Corp.
220 shs. Dresser Industries, Inc.
500 shs. Fluor Corp.
500 shs. Ingersoll Rand Co.
540 shs. Standard Oil of California
800 shs. Union Pacific Corp.
845 shs. Brascan Ltd. Class A Cv.
Cash
INCOME
Cash
PRINCIPAL RECEIPTS
Inventory Filed
Per Copy of Inventory Attached
Value 10/18/82
19,300.00
3,355.00
9,375.00
19,312.50
16,335.00
36,200.00
12,041.25
586,525.16
~=b~~:!:~~~=2~
$ 24 976.90
=====:!:======
PRINCIPAL CONVERSIONS INTO CASH
10/13/81
360 shs. Texas Gulf, Inc.
Proceeds
Inventoried at
20,160.00
19,710.00
11/2/81
1014 shs. American Broadcasting Co.
Proceeds 34,943.81
Inventoried at 29,501.06
11/2/81
1050 shs. Archer-Danie1s-Mid1and Co.
Proceeds 16,332.74
Inventoried at 17,620.31
11/2/81
240 shs. CSX Corp.
Proceeds
Inventoried at
13,154.81
11,610.00
2
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0u
Gain
450.00
5,442.75
1,544.81
Account Value
27,925.00
9,391.25
18,890.63
30,546.88
23,220.00
46,700.00
23,026.25
586,525.16
~=bgg:!:~~~=~b
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Loss
1,287.57
11/2/81
11/2/81
11/2/81
11/2/81
11/2/81
11/2/81
11/16/81
11/16/81
11/16/81
11/16/81
232 shs. CPC International
Proceeds
Inventoried at
7,389.28
7,308.00
200 shs. Duke Power Co.
Proceeds
Inventoried at
3,998.71
3,962.50
270 shs. General Telephone & Electronics Corp.
Proceeds 8,569.69
Inventoried at 7,990.31
300 shs. J.P. Morgan & Co.
Proceeds
Inventoried at
16,531. 04
16,809.38
320 shs. Nabisco Brands, Inc.
Proceeds
Inventoried at
8,734.55
8,400.00
800 shs. Norfolk & Western Railway Co.
Proceeds 38,117.06
Inventoried at 34,300.00
400 shs. American Telephone & Telegraph Co.
Proceeds 23,679.20
Inventoried at 22,862.50
317 shs. Federal Signal Corp.
Proceeds
Inventoried at
5,700.50
6,320.19
755 shs. Madison Fund, Inc.
Proceeds
Inventoried at
13,794.05
14,628.13
348 shs. Norlin Corp.
Proceeds
Inventoried at
4,364.72
5,002.50
3
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. .
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81.28
36.21
579.38
278.34
334.55
3,817.06
816.70
619.69
834.08
637.78
11/16/81
11/16/81
12/4/81
1/15/82
2/19/82
4/23/82
4/23/82
4/23/82
4/23/82
4/23/82
5/6/82
752 shs. Shell Transport/Trading Ltd.
Proceeds 21,285.66
Inventoried at 21,831.50
303 shs. Wilshire Oil Co. of Texas
Proceeds 2,864.38
Inventoried at 3,456.09
100M par U.S. Treasury Bonds 4.25% 8/15/92
Proceeds 82,625.00
Inventoried at 77,437.50
60M par Chambersburg PA Area Jt. Sch. 4.50% 1/15/82
Proceeds 60,000.00
Inventoried at 56,700.00
Personal Property
Proceeds
Inventoried at
365.00
365.00
180 shs. Textron, Inc.
Proceeds
Inventoried at
4,135. 39
5,490.00
123 shs. Signode Corp.
Proceeds
Inventoried at
5,998.55
4,681.69
500 shs. Public Service Electric & Gas Co.
Proceeds 10,105.49
Inventoried at 9,343.75
144 shs. Thomas & Betts Corp.
Proceeds
Inventoried at
7,388.49
8,532.00
50M par Bucks Co. PA GrandView Hosp. 9.625% 8/1/84
Proceeds 49,375.00
Inventoried at 45,500.00
244 shs. American Electric Power, Inc.
Proceeds 4,419.90
Inventoried at 4,094.63
L"..., -.i:'~2. 11'."~L:: ~.
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4
545.84
591. 71
5,187.50
3,300.00
1,354.61
1,316.86
761. 74
1,143.51
3,875.00
325.27
5/6/82 320 shs. Borg-Warner Corp.
Proceeds 17.092.42
Inventoried at 16.030.00
1.062.42
5/6/82 300 shs. Carolina Power & Light Co.
Proceeds 6.550.27
Inventoried at 5.821.88
728.39
5/6/82 176 shs. Dana Corp.
Proceeds 4,722.97
Inventoried at 4,697.00
25.97
5/6/82 228 shs. Eastman Kodak Co.
Proceeds 16.709.47
Inventoried at 15,952.88
756.59
5/6/82 500 shs. General Motors Corp.
Proceeds 21,784.26
Inventoried at 23,578.13
1,793.87
5/6/82 596 shs. Royal Dutch Petroleum Co.
Proceeds 20,936.76
Inventoried at 20,338.50
598.26
5/6/82 400 shs. SmithKline Corp.
Proceeds 28,171.05
Inventoried at 28,737.50
566.45
7/30/82 Diamond Ring
Proceeds 250.00
Inventoried at 190.00
60.00
7/30/82 Mink Cape
Proceeds 250.00
Inventoried at 300.00
50.00
8/30/82 327 shs. Sperry Corp.
Proceeds 7,463.40
Inventoried at 12,926.72
5,463.32
5
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8/30/82 304 shs. Pacific Gas & Electric Co.
Proceeds 7,957.94
Inventoried at 7,163.00
794.94
8/30/82 2000 shs. Mobil Corp.
Proceeds 42,438.57
Inventoried at 59,437.50
16,998.93
8/30/82 940 shs. Gulf & Western Industries, Inc.
Proceeds 11,927.89
Inventoried at 16,743.75
4,815.86
8/30/82 800 shs. Exxon Corp.
Proceeds 21,600.26
Inventoried at 27,150.00
5,549.74
8/30/82 396 shs. Edison Brothers Stores, Inc.
Proceeds 8,484.86
Inventoried at 11,261. 25
2,776.39
9/2/82 100M par Abington PA Sch. 5% 1984
Proceeds 94,156.00
Inventoried at 81,000.00
13,156.00
9/2/82 30M par Allentown G.O. 8.25% 1985
Proceeds 29,775.00
Inventoried at 25,200.00
Totals
4,575.00
49,626.68
45,307.69
Net Gain transferred to Summary
~===~~~~~~22
8/28/81
8/31/81
9/2/81
9/4/81
9/10/81
9/11/81
9/14/81
PRINCIPAL DISBURSEMENTS
Register of Wills, Letters of Administration C.T.A.
Myers, Myers, Flower & Johnson, reimburse for advertising
Letters of Administration C.T.A.
Mildred R. Brenneman, witness fee
Carlisle Memorial Service, Inc., lettering monument
Stearns & Williams, jewelry appraisal
Musca1us Furs, fur appraisal
MGM Pharmacy, balance due
James L. Price, appraisal of personal property
Hoffman-Roth Funeral Home, Inc., funeral expenses
Internal Revenue Service, quarterly estimate
154.00
36.00
15.00
136.00
25.00
15.00
130.27
25.00
3,220.00
691.00
6
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10/1/81
10/13/81
11/12/81
11/19/81
12/16/81
3/4/82
3/29/82
4/8/82
4/16/82
4/20/82
6/15/82
Herbert P. Lenton, M.D., balance due
Belvedere Medical Corp., balance due
Register of Wills, estimated Pennsylvania Inheritance Tax
Carlisle Memorial Service, Inc., footmarker
T.J. Keith & Assoc., Inc. appraisal of North Carolina properties
Register of Wills, certified copy of Will
Pa. Department of Revenue, 1981 Personal Income Tax
Register of Wills, Short Certificate
Computax
Register of Wills, true copy of Will
Register of Wills, balance Pennsylvania Inheritance Tax
Register of Wills, filing Pennsylvania Inheritance Tax Return
Register of Wills, filing North Carolina Tax Returns
McLean, Stacy, Henry & McLean, attorney fee for North Carolina
filings
Reserved:
Myers, Myers, Flower & Johnson, attorney fee
Farmers Trust Company, commission
Closing and Filing Costs
Total Principal Disbursements
9/23/81
10/19/81
PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES
Betty Parnell
Louise Deaton
Steven Toney Stone
Steven J. Stone
Betty Childress
Gordon B. Porter, Jr.
Joe Porter
Bernice S. Porter
Randolph C. Stone
Ruth Stone
Jake W. Stone
Ben J. Stone
Elizabeth Hamrick
Jonathan Stone
Wista Moody
Marie Stone Custodian
Alice Pearson
Pat Amos
Jean Loughridge
Howard B. Miller
Merlin Miller
Robert Miller
Mary Frances Young
Janice Miller Anderson
Arline Meiss
Jeffrey Miller
Dixon Miller
Annette Miller Leitzel
Marcia E. Hepford
David M. Weigle
William R. Weigle
Stephanie Marie Stone
L;:~r; l: Q P~CL
. -
Lu
7
138.00
14.00
4,500.00
330.00
1,350.00
5.00
555.00
2.00
150.00
2.00
284.01
10.00
24.00
101.00
25,950.00
25,950.00
500.00
~==g~~~J:~=~~
1,000.00
1,000.00
1,000.00
1,000.00
250.00
250.00
500.00
1,000.00
2,000.00
2,000.00
2,000.00
2,000.00
2,000.00
666.67
666.67
666.66
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
1,000.00
300.00
300.00
300.00
300.00
300.00
300.00
10/19/81
10/20/81
12/15/81
3/16/82
'.
Diane E. Hepford
Kurt F. Nenstie1
Bonnie L. Strang
Beverly Dean
David W. Nenstie1
Washington & Lee University, advance distribution
St. John's Episcopal Church, advance distribution
Orrum Baptist Church, advance distribution
St. George's-by-the-River Church, advance distribution
Mt. E1iam Baptist Church, advance distribution
Southeastern General Hospital, advance distribution
Carlisle Hospital, advance distribution
Citizens Committee for Gifts Fund, Haz1eton Hospital, advance
distribution
Wake Forest University, advance distribution
Mars Hill College, advance distribution
Roanoke College, advance distribution
Robert College of Istanbul, advance distribution
Lafayette College, final distribution
Total Distributions to Beneficiaries
PRINCIPAL CAPITAL CHANGES
Archer-Danie1s-Mid1and Co.
10/5/81
11/2/81
9/16/81
10/2/81
10/13/81
10/14/81
10/19/81
10/26/81
12/4/81
12/16/81
1/12/82
2/3/82
2/23/82
5/12/82
1000 shs. Inventoried at
50 shs. Received in 5% Stock Dividend
1050 shs.
1050 shs. Sold
====~=ggg=
INCOME RECEIPTS
Dividend, Madison Fund
Dividend, American Telephone & Telegraph Co.
Dividend, General Telephone & Electronics Co.
Dividend, Standard Brands
Dividend, Royal Dutch Petroleum Co.
Dividend, J.P. Morgan
Dividend, CPC International
Interest, U.S. Treas. Bond 4.25% 8/15/92
Dividend, Dana Corp.
Interest, Chambersburg Area Jt. Sch. 4.5% 1/15/82
Annual Income Sarah E. Stone Farm
Dividend, CSX Corp.
Refund, Internal Revenue Service
8
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300.00
500.00
300.00
300.00
500.00
21,000.00
7,500.00
7,500.00
4,500.00
4,500.00
9,000.00
7,500.00
4,500.00
21,000.00
21,000.00
21,000.00
21,000.00
30,946.70
~=~11:!:~~~=Z~
16,781. 25
.00
16,781. 25
16,781. 25
~========QQ
188.75
540.00
191. 70
148.00
567.88
232.50
111.36
1,171.33
70.40
1,072.50
600.00
170.40
2,073.00
Interest, Mortgage Participations 9/4/81 to 10/8/82
Dividends, Edison Brothers Stores 9/14/81 to 6/14/82
Dividends, Dana Corp. 9/16/81 to 3/15/82
Dividends, Dresser Industries, Inc. 9/22/81 to 9/27/82
Dividends, Public Service Electric & Gas Co. 10/1/81 to 4/1/82
Dividends, Thomas & Betts Corp. 10/2/81 to 4/2/82
Dividends, Eastman Kodak Co. 10/2/81 to 3/31/82
Dividends, Union Pacific Corp. 10/2/81 to 10/5/82
Interest, Abington School Dist. 5% 4/1/84; 10/2/81 to 9/2/82
Dividends, Textron, Inc. 10/5/81 to 4/5/82
Dividends, Gulf & Western Industries, Inc. 10/9/81 to 7/6/82
Interest, Certificates of Deposit Farmers Trust Co. 10/13/81 to
8/25/82
Dividends, Pacific Gas & Electric Co. 10/14/81 to 7/16/82
Dividends, Fluor Corp. 10/19/81 to 10/18/82
Dividends, Brascan Ltd. 11/3/81 to 8/10/82
Dividends, Carolina Power & Light Co. 11/6/81 to 5/3/82
Dividends, Sperry Corp. 11/16/81 to 8/17/82
Dividends, Borg-Warner Co. 11/16/81 to 5/17/82
Dividends, Shell Transport/Trading Ltd. 11/30/81 to 8/3/82
Dividends, Carlisle Corp. 12/4/81 to 9/3/82
Dividends, Ingersoll Rand Co. 12/4/81 to 9/3/82
Dividends, Signode Corp. 12/4/81 to 3/1/82
Dividends, American Electric Power Co. 12/16/81 to 3/11/82
Dividends, General Motors Corp. 12/16/81 to 3/11/82
Dividends, Mobil Corp. 12/16/81 to 9/13/82
Dividends, Exxon Corp. 12/16/81 to 9/14/82
Dividends, Standard Oil Co. of California 12/16/81 to 9/9/82
Dividends, SmithK1ine Corp. 12/22/81 to 3/22/82
Interest, Allentown Sch. Dist. G.O. 8.25% 8/1/85; 2/5/82 to 9/2/82
Interest, Bucks County GrandView Hospital 9.625% 8/1/84; 2/5/82 to
4/23/82
Interest, Fed Fund 2/5/82 to 10/6/82
Interest, T Fund 4/6/82 to 10/6/82
Total Income Receipts
INCOME DISBURSEMENTS
Computax 3/25/82 to 10/19/82
9
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2,345.12
570.24
140.80
206.80
915.00
214.56
627.00
1,760.00
5,027.78
243.00
705.00
13,355.40
848.16
500.00
1,051.09
540.00
627.84
672 . 00
1,073.44
712.00
1,760.00
123.00
275.72
600.00
4,000.00
2,400.00
1,296.00
464.00
2,488.75
3,195.01
17,537.85
1,763.52
~=b~:!:~bg~29
~====~99;.99
INCOME DISTRIBUTIONS TO BENEFICIARIES
6/29/82
Washington & Lee University
Robert College of Istanbul
Roanoke College
Mars Hill College
Wake Forest University
Citizens Committee for Gifts Fund, Hazleton State General
Hospital
Carlisle Hospital
Southeastern General Hospital
Mt. Eliam Baptist Church
St. George's-by-the-River Church
Or rum Baptist Church
St. John's Episcopal Church
Total Income Distributions to Beneficiaries
(E" 7
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Den is C. Caverly, Seni
and Trust Officer
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CUMBERLAND
7,000.00
7,000.00
7,000.00
7,000.00
7,000.00
1,500.00
2,500.00
3,000.00
1,500.00
1,500.00
2,500.00
2,500.00
~=~g:!:ggg=gg
President
Dennis C. Caverly, Senior Vice President and Trust Officer Farmers Trust Company,
being duly sworn according to law, deposes and says that the Account as stated is true
and correct and that the Grant of Letters and the firs omplete advertisement thereof
occurred more than four (4) months before the filing of the Account.
De nis C. Caverly, Se
and Trust Officer
Vice President
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IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
IN THE ESTATE OF SARA S. MILLER, LATE OF THE BOROUGH OF CARLISLE
SCHEDULE OF PROPOSED DISTRIBUTION
Balance for distribution as per First and Final Account filed
October 22, 1982
DISTRIBUTION:
Farmers Trust Company Substitute Trustee
for Lumberton National Bank, Lumberton, NC
Principal Cash
Income Cash
St. John's Episcopal Church
40 shs. Carlisle Corp.
11 shs. Dresser Industries, Inc.
25 shs. Fluor Corp.
25 shs. Ingersoll Rand Co.
27 shs. Standard Oil of California
40 shs. Union Pacific Corp.
42 shs. Brascan Ltd. Class A Cv.
Principal Cash
Income Cash
Orrum Baptist Church
40 shs. Carlisle Corp.
11 shs. Dresser Industries, Inc.
25 shs. Fluor Corp.
25 shs. Ingersoll Rand Co.
27 shs. Standard Oil of California
40 shs. Union Pacific Corp.
42 shs. Brascan Ltd. Class A Cv.
Principal Cash
Income Cash
... 'J
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Value 10/18/82
10,000.00
583.33
10,583.33
965.00
167.75
468.75
965.63
816.75
1,810.00
598.50
28,829.81
1,219.68
35,841. 87
965.00
167.75
468.75
965.62
816.75
1,810.00
598.50
28,829.82
1,219.68
35,841. 87
FLGC
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Account Value
10,000.00
583.33
10,583.33
1,396.25
469.56
944.53
1,527.35
1,161.00
2,335.00
1,144.50
28,833.08
1,219.68
39,030.95
1,396.25
469.56
944.53
1,527.35
1,161.00
2,335.00
1,144.50
28,833.08
1,219.68
39,030.95
t'
St. George's-by-the-River Church
24 shs. Carlisle Corp. 579.00 837.75
7 shs. Dresser Industries, Inc. 106.75 298.81
15 shs. Fluor Corp. 281. 25 566.72
15 shs. Ingersoll Rand Co. 579.37 916.41
16 shs. Standard Oil of California 484.00 688.00
24 shs. Union Pacific Corp. 1,086.00 1,401.00
25 shs. Brascan Ltd. Class A Cv. 356.25 681.25
Principal Cash 17,300.69 17,296.81
Income Cash 731. 81 731. 81
21,505.12 23,418.56
Mt. E1iam Baptist Church
24 shs. Carlisle Corp. 579.00 837.75
7 shs. Dresser Industries, Inc. 106.75 298.81
15 shs. Fluor Corp. 281.25 566.72
15 shs. Ingersoll Rand Co. 579.38 916.41
16 shs. Standard Oil of California 484.00 688.00
24 shs. Union Pacific Corp. 1,086.00 1,401.00
25 shs. Brascan Ltd. Class A Cv. 356.25 681.25
Principal Cash 17 , 300 . 68 17,296.81
Income Cash 731. 81 731. 81
21,505.12 23,418.56
Southeastern General Hospital, Inc.
48 shs. Carlisle Corp. 1,158.00 1,675.50
13 shs. Dresser Industries, Inc. 198.25 554.94
30 shs. Fluor Corp. 562.50 1,133.44
30 shs. Ingersoll Rand Co. 1,158.75 1,832.81
32 shs. Standard Oil of California 968.00 1,376.00
48 shs. Union Pacific Corp. 2 , 172 . 00 2,802.00
51 shs. Brascan Ltd. Class A Cv. 726.75 1,389.75
Principal Cash 34,602.41 34,609.08
Income Cash 1,463.60 1,463.60
43,010.26 46,837.12
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Carlisle Hospital
40 shs. Carlisle Corp. 965.00 1,396.25
11 shs. Dresser Industries, Inc. 167.75 469.56
25 shs. Fluor Corp. 468.75 944.53
25 shs. Ingersoll Rand Co. 965.62 1,527.34
27 shs. Standard Oil of California 816.75 1,161.00
40 shs. Union Pacific Corp. 1,810.00 2,335.00
42 shs. Brascan Ltd. Class A Cv. 598.50 1,144.50
Principal Cash 28,829.82 28,833.08
Income Cash 1,219.68 1,219.68
35,841. 87 39,030.94
Citizens Committee for Gifts Fund
Haz1eton State General Hospital
24 shs. Carlisle Corp. 579.00 837.75
7 shs. Dresser Industries, Inc. 106.75 298.81
15 shs. Fluor Corp. 281. 25 566.72
15 shs. Ingersoll Rand Co. 579.38 916.41
16 shs. Standard Oil of California 484.00 688.00
24 shs. Union Pacific Corp. 1,086.00 1,401.00
25 shs. Brascan Ltd. Class A Cv. 356.25 681.25
Principal Cash 17,300.68 17,296.81
Income Cash 731. 81 731. 81
21,505.12 23,418.56
Wake Forest University
112 shs. Carlisle Corp. 2,702.00 3,909.50
31 shs. Dresser Industries, Inc. 472.75 1,323.32
70 shs. Fluor Corp. 1,312.50 2,644.69
70 shs. Ingersoll Rand Co. 2,703.75 4,276.56
76 shs. Standard Oil of California 2,299.00 3,268.00
112 shs. Union Pacific Corp. 5,068.00 6,538.00
118 shs. Brascan Ltd. Class A Cv. 1,681. 50 3,215.50
Principal Cash 80,702.65 80,695.95
Income Cash 3,415.10 3,415.10
100,357.25 109,286.62
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Mars Hill College
112 shs. Carlisle Corp. 2,702.00 3,909.50
31 shs. Dresser Industries, Inc. 472.75 1,323.32
70 shs. Fluor Corp. 1,312.50 2,644.69
70 shs. Ingersoll Rand Co. 2,703.75 4,276.56
75 shs. Standard Oil of California 2,268.75 3,225.00
112 shs. Union Pacific Corp. 5,068.00 6,538.00
119 shs. Brascan Ltd. Class A Cv. 1,695.75 3,242.75
Principal Cash 80,718.65 80,711. 70
Income Cash 3,415.10 3,415.10
100,357.25 109,286.62
Roanoke College
112 shs. Carlisle Corp. 2,702.00 3,909.50
31 shs. Dresser Industries, Inc. 472.75 1,323.32
70 shs. Fluor Corp. 1,312.50 2,644.69
70 shs. Ingersoll Rand Co. 2,703.75 4,276.56
76 shs. Standard Oil of California 2,299.00 3,268.00
112 shs. Union Pacific Corp. 5,068.00 6,538.00
118 shs. Brascan Ltd. Class A Cv. 1,681. 50 3,215.50
Principal Cash 80,702.65 80,695.95
Income Cash 3,415.10 3,415.10
100,357.25 109,286.62
Robert College of Istanbul
112 shs. Carlisle Corp. 2,702.00 3,909.50
30 shs. Dresser Industries, Inc. 457.50 1,280.62
70 shs. Fluor Corp. 1,312.50 2,644.69
70 shs. Ingersoll Rand Co. 2,703.75 4,276.56
76 shs. Standard Oil of California 2,299.00 3,268.00
112 shs. Union Pacific Corp. 5,068.00 6,538.00
119 shs. Brascan Ltd. Class A Cv. 1,695.75 3,242.75
Principal Cash 80,703.65 80,711.40
Income Cash 3,415.10 3,415.10
100,357.25 109,286.62
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Washington & Lee University
112 shs. Carlisle Corp.
30 shs. Dresser Industries, Inc.
70 shs. Fluor Corp.
70 shs. Ingersoll Rand Co.
76 shs. Standard Oil of California
112 shs. Union Pacific Corp.
119 shs. Brascan Ltd. Class A Cv.
Principal Cash
Income Cash
. ,
2,702.00
457.50
1,312.50
2,703.75
2,299.00
5,068.00
1,695.75
80,703.65
3,415.10
3,909.50
1,280.62
2,644.68
4,276.56
3,268.00
6,538.00
3,242.75
80,711.41
3,415.10
100,357.25
109,286.62
~===Z21:!:~9~~9Z
STATEMENT OF THE REASONS FOR THE PROPOSED DISTRIBUTION
The above distribution is proposed in accordance with the terms of the Last Will
and Testament of Sara S. Miller, late of the Borough of Carlisle, Cumberland County,
Pennsylvania with the exception of the Trust under Paragraph 14 which named
Lumberton National Bank, now Southern National Bank of North Carolina, as trustee.
On September 29, 1981 Southern National Bank of North Car ~~a declined to accept the
Trust. Farmers Trust Company will accept the Trust as b~itute Trustee. Therefore,
distribution is proposed to Farmers Trust Company as T usV~e under Paragraph 14.
.I __""',
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V.L/l,Vl~' .//1..-01,... ,-..
Dennis C. Caverly, Vice President
and Trust Office
COMMONWEALTH OF PENNSYLVANIA:
COUNTY OF CUMBERLAND
Dennis C. Caverly, being duly sworn according to law,
Senior Vice President and Trust Officer of Farmers Trust
Estate above named, and that the facts set forth in the
Proposed Distribution are true and correct.
Sworn and s~bscribed before me
this ,).7l},;/day of October, 1982.
J)/ '~""'/-'/~ I'll
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.--- ~W!l~'.R 'iM(~l.'J,. N:?tary Public::
: :::..' C~~!s^.C"~b\~-!. ,~iK,(!),':'<,
~ ~~CCJrV~~rM b.tfrir~.J~dY 23, 1983
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