The URL can be used to link to this page

Home My WebLink About05-16-80 IN THE COURT OF CO~10N PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-78-240 ESTATE OF VINCENT MARAGLIOTTI, Late of East Pennsboro Township FIRST AND FINAL ACCOUNT OF JOHN W. PURCELL, EXECUTOR Date of Death: April 22, 1978 Letters Granted: May 5, 1978 First Complete Advertisement of Grant of Letters: ~1ay 19, 1978 Account Stated to: April 1, 1980 SUMMARY AND INDEX Page No. Principal Realty Principal Personalty Net Loss on Conversions 2 3 4-5 $ 52,117.33 $ 129,695.52 76.75 129,618.77 Adjusted Balance 181,736.10 Less Disbursements 6-10 39,809.44 Balance before Distributions 141,926.66 Distributions to Benefi- ciaries 9 45,292.50 Principal Balance Remaining 96,634.16 Income P,ersonal ty Receipts 10 9,274.28 Balance Remaining for Distribution 105,908.44 bUv~ ~;G 1.'10:: ~i19 COMPOSITION OF NET BALANCES Cash Dauphin Deposit Bank & Trust Company Checking Account No. 57-61-025-8 Cash Dauphin Deposit Bank & Trust Company Investment Savings Account No. 01-63107-1 TOTAL CASH bt;v~ ~:;'G "J: -1- (' ;J'~', .f-" .... .,~ ~ ~.r.V $ 54,498.35 51,410.09 105,908.44 PRINCIPAL REALTY 109 ~1iller Street, East Pennsboro Township, Cumberland County, Pennsylvania, being a 1 story stone and stucco ranch dwelling. See Deed Book V, Vol. 25, Page 324. $ 50,500.00 Add: Tax adjustment at settlement 112.70 Deduct: Settlement charges 995.37 Net Proceeds 49,617.33 Real Estate not inventoried, but received by Executor Lots 19 and 20, Block 340.4, Official Tax ~lap of Berkeley Township, Forrest Hills Parkway, Bayville, New Jersey 2,500.00 TOTAL HEl>.L ESTATE 52,117.33 bLjvi\ , ..'-" ~~u Ih0t .' ,- j Q , ,J.; or..~' .. -2- 1978 5/5 PRINCIPAL PERSONALTY RECEIPTS 5/5 U. S. Series E Bonds 1972 Oldsmobile Coupe #3G7U2Mlll149 5/5 5/5 5/5 5/5 5/5 5/5 5/5 #R37300406E #D88020009E #D88020012E #D80020011E - $200.00 $500.00 $500.00 $500.00 $ 1,000.00 289.28 723.20 723.20 723.20 20,418.52 20,052.42 5,521.01* 20,145.00 10,114.79 10,170.68 19,359.20 5/5 5/5 Wellington Fund Certificate No. KC47964 -1374 shares 12,297.30 5/5 5/5 7/19 9/8 9/19 11/30 11/30 First Federal Savings & Loan Association Certificate No. 218-600428 Dauphin Deposit Bank & Trust Company Certificate #32-03-728577 Cumberland County National Bank& Trust Co. Checking Account No. 320-1513-3 Cumberland County National Bank & Trust Co. Certificate No. 36-12463 Cumberland County National Bank & Trust Co. Certificate No. 36-15401 Cumbl::lrland County National Bank & Trust Co. Certificate No. A-9124 Cumberland County National Bank & Trust Co. Savings Account N-. 032-120348-1 Wellington Fund - Account No. 537316002 233.759 unissued shares 32 personal paintings by Vincent Maragliotti Household Furnishings: Tea cart, white chest and wheel chair Harry & Jean Metz-Down Payment on real estate Sale of Furnishings by Birckner's Auction House Social Security Lump Sum Death Benefit Ohio Casualty - refund on insurance TOTAL RECEIPTS Bell of Pa - refund *Outstanding checks on date of death in the amount of $700.25 have been reported on disbursement schedule. Net received on closeout of account $4,820.76. I f \..~ :'~~ ~,' ~ I, 1/ ~.~ 'r) t"jv~ ,-,,0 I f'V~ ...., -,';" -3- 2,092.14 3,600.00 110.00 400.00 1,694.40 255.00 6.00 .18 129,695.52 PRINCIPAL CONVERSIONS INTO CASH Gain 9/15/78 CCNB $10,000 Certificate of Deposit No. A9142 - Proceeds $ 10,099.72 Inventoried 10,170.68 10/4/79 1972 Oldsmobile Coupe: Taking by Vivian Cannavaro, daughter, at 50% value per Item V of Will Inventoried 10/13 Household Furnishings Proceeds Inventoried *represents commission 12/27 CCNB $20,000 Certificate of Deposit No. 36-12463 - Proceeds Inventoried 1/15/79 Wellington Fund KC47964 1374 shares sold at 8.79 Proceeds Inventoried 1/15 Wellington Fund - 233.759 un- issued shares sold at 8.79 Proceeds Inventoried 3/9/ 32 Personal Paintings - Gross receipts Less:Commission & advertising Less:Vincent MarIotti, son,purchased 1 paint- ing at 50% value per Item V of Will Inventoried 4/18 CCNB $10,000 Certificate or Deposit No. 36-15401 - Proceeds Inventoried b~!vr, (.:,,'-' ""i.I,; I ,,"-';..'J:l \.~/U I, ,lJ... "'r-~.JtJ -4- 500.00 1,000.00 1,186.10 1,694.40 20,000.00 20,145.00 12,077.46 12,297.30 2,054.74 2,092.14 5,670.00 (1,310.00) ( 292.50) 4,067.50 3,600.00 467.50 10,104.72 10,114.79 Loss 70.96 500.00 508.30* 145.00 219.84 37.40 10.07 , , Conversions Into Cash Con't 4/24/79 CCNB Savings Account No. 032-120348-1 Proceeds 20,240.30 Inventoried 19,359.20 5/4 First Federal S & L $20,000 Certificate of Deposit No.218-600428 Proceeds Inventoried 7/16 Dauphin Deposit Bank & Trust Co. $20,000 Certificate No.32-03-728577 Proceeds Inventoried 8/22 U. S. Series E Bonds Proceeds Inventoried TOTALS NET LOSS TRANSFERRED TO SUMMARY 'i:'.,~. \..00..--' > ,~. '.' ':'.04 ~v".. '"'" I.i~u_ A..,!'.../:t -5- 20,448.76 20,418.54 20,000.00 20,052.42 2,547.28 2,458.88 Gain 881.10 30.24 88.40 1,467.24 Loss 52.42 1,543.99 1,467.24 76.75 PRINCIPAL PERSONALTY DISBURSEr.lliNTS 1978 4/12 4/14 4/14 4/16 4/16 4/19 4/21 7/13 7/13 7/13 7/13 8/9 8/10 8/10 8/10 8/10 8/10 8/10 8/10 8/18 9/8 9/21 9/27 9/27 Americans for John Tower Pa. Department of Revenue: 1977 personal tax Internal Revenue Service: 1977 income tax Stark Bros., Nurseries A .A. l.I[ C Kenneth H. Ginter,Treasurer: 1978 taxes ll'Jilliam McCommon William McCommon - lawn care P P & L - electric Bell of Pa. - telephone East Pennsboro Twp. - sewer Gilbert L. Dailey Funeral Home - services Bell of Pa. - telephone In-ternal Revenue Service - 1977 penalty J. F. Kenny, Jr. - insurance on paintings Keystone Oil - fuel P P & L - elec-ric Harrisburg Dairies Twp. of Berkeley, NJ - tax on NJ lots Chuck Brickner Auctioneer - appraisal Twp. of Berkeley, NJ - real estate tax Pa. Dept. of Transportation - duplicate auto title William r.-1cCommon - lawn care P P & L - final electric b~}v~ ....-. r('0~ ...,\} i. "'5 ,l...t"" -6- $ 10.00 133.52 363.00 3.04 10.00 160.69 20.00 63.00 50.81 54.04 48.00 2,373.00 22.63 12.98 67.00 108.79 44.34 17.73 31. 06 20.00 30.85 5.00 57.00 46.91 Disbursements Con't. 1978 9/27 10/4 11/8 11/9 12/19 12/19 1979 1/4 1/17 1/17 3/9 4/3 4/3 4/4 4/17 5/1 5/9 7/11 Purcell, Nissley,Krug & Haller - Reimbursement for: R. Buffington-plumbing repair 159.97 Register of Wills - Letters 65.00 Witness fees and mileage 48.50 C. Stroup - garden care 37.32 Patriot News - advertising Letters 45.75 Cumberland Law Journal - advertising 18.00 Wm. J. Daylor - real estate appraisal 125.00 Eric deJonge - art appraisal 150.00 Notary Fees 1.00 Bell of Pa. - final telephone Joseph F. Kenny,Jr. Lost instrument bond Re:: Wellington Fund Register of Wills - o/c Inheritance tax CCNB - safety deposit box rental Register of Wills - short certificates John W\ Pu:r;cell"Esqu~re, on account Exedutor's fee Purcell, Nissley, Krug & Haller - Preparation 1977 Federal and State Income tax returns Register of Wills - filing inventory and debts and deductions Stony Creek Auction House - sale expense, travel to pick up paintings,etc. New Jersey Inheritance Tax Dept. Register of Wills - balance of Pa. Inheritance Tax Pa. Department of Revenue - 1978 income tax Internal Revenue Service - Federal Estate tax County Clerk of Ocean Co. - NJ tax certificate Ocean County Clerk - copy of NJ lot deed Vital Statistics - copy of death certificate for Miriam Maragliotti b L~v:\ \.... .-, <<.n. ,-; 0 i i10 ~ ~ ,,;t> -7- 650.54 8.99 260.00 5,000.00 5.00 2.00 5,000.00 35.00 9.00 60.00 65.02 5,571.86 21. 40 2,490.23 3.00 2.00 2.00 Disbursements Con't 1979 7/17 Internal Revenue Service Additional Federal Estate Tax 8/30 Purcell, Nissley, Krug & Haller-Reimb. for: Exemplification for NJ proceeding Notary Fees Ocean Co. NJ - filing fee Register of Wills-short certific. 12/14 Purcell, Nissley, Krug & Haller Attorney's Fee 4/10/80 Samuel D. Thuma, Preparation U. S. Fiduciary Income Tax Return - 1978 4/10/80 Internal Revenue Service Fiduciary Tax RESERVED: John W. Purcell, Esquire Balance of Executor's fee RESERVED: Additional Administration ex- penses, filing fees, preparation fees, taxes, etc. TOTAL DISBU:RSE~1ENTS btIV!\ (",-- '-~U """7 ~",." "',.' l- I f..--':~ -8- $ 535.81 $ 10.50 5.00 18.00 4.00 37.50 8,982.35 225.00 1,107.00 3,982.35 2,000.00 39,809.44 PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES TO: VINCENT MARLOTTI 10/11/78 12/29/78 4/9/79 Painting purchased at auction for $585.00 - at 50% value per ITEM V of Will TO: VIVIAN CANNAVARO 10/11/78 12/29/78 4/5/79 1972 Oldsmobile Coupe valued at $1,000. - 50% value per ITEM V of Will Lots 19 and 20, Block 340.4 Official Tax Map of Berkeley Twp. Forest Hills Parkway, Bayville, NJ TO: IRIS GUARDUCCI 10/11/78 12/29/78 4/5/79 TO: CATHERINE STROUP 3/9/79 7/11/79 1/2/80 TOTAL DISTJRIBUTIONS TO BENEFICIARIES -9- bL.v'\ ("\'.~ ...,1.) ,,,rI8 t4. r.. ,~, , '" , ;'0~ $ 2,000.00 2,000.00 8,000.00 292.50 2,000.00 2,000.00 8,000.00 500.00 2,500.00 2,000.00 2,000.00 8,000.00 3,000.00 2,000.00 1,000.00 / ... $ 12,292.50 15,000.00 12,000.00 6,000.00 45,292.50 . . . DIVIDENDS 10/10/78 11/30/78 INCOME PERSONALTY RECEIPTS Wellington Fund Wellington Fund $ 1;71.81 328.00 TOTAL DIVIDENDS 499.81 INTERES'I' - 7/13/78 Dauphin Deposit Bank & Trust Co. 365.77 7/13/78 CCNB 362.52 7/13/78 First Federal Savings & Loan 680.72 7/19/78 CCNB 350.00 9/8/78 CCNB 362.52 9/15/78 CCNB 362.52 11/2/78 Dauphin Deposit Bank & Trust Co. 365.77 12/18/78 CCNB 362.52 1/3/79 First Federal Savings & Loan 692.19 1/10/79 Dauphin Deposit Bank & Trust Co. 365.77 2/27/79 CCNB 362.52 4/12/79 Dauphin Deposit Bank & Trust Co. 365.77 7/10/79 Dauphin Deposit Bank & Trust Co. 365.77 -- TOTAL INTEREST 5,364.36 TOTAL DIVIDENDS AND INTEREST 5,864.17 Investment Account Savings Account No.01-6-3107-1 Dauphin Deposit Bank & Trust Company 1/4/79 4/1/79 4/6/79 4/17/79 7/1/79 10/1/79 1/1/80 4/1/80 Deposit Interest Withdrawal Withdrawal Interest Interest Interest Interest $ 64,000.00 773.26 (15,000.00) ( 1,000.00) 629.07 662.78 671. 69 673.31 773.26 629.07 662.78 671.69 673.31 Balance Investment Account Total Interest Investment Account 51,410.11 3,410.11 TOTAL INCOME RECEIPTS 9,274.28 -10- ,-,,'" ,,; 0 " i~ " ~ b~'V'\ . "9"- . . IJIia.,.., .. , . ~ .' COMMOMNEALTH OF PENNSYLVANIA SS: COUNTY OF DAUPHIN Personally appeared before me, a Notary Public in and for said County and Commonwealth, JOHN W.PURCELL, who, being duly sworn according to law, deposes and says that he is the Executor of the Estate of Vincent Maragliotti, Deceased, and Accountant herein, and that the Account as stated is true and correct to the best of his knowledge and belief. ") -_.~ ,,'" //.. ;~~__~.<>-c/c>c-c-r-' JO~ W. PURCELL ~~~" Sworn and subscribed to ..L/L before me this /~ day 1980. :;ept~;1"jcr 4, 1981 Dc;~hin COIIIlt If k.LII..I\., \.." ,','-' ",.' c" ",~-.O- L~ _ v - '-~ U f r~ J:' A.. '.Ii r ~ - r. _. .... .. .. .. r; (/; :;- / , ,;.~ r; (; ('. ~ r; Q" r- ~ >~ (~ >-: c.:... r) 0 ~ '--; ,'- .... C ~ ~ .... r, -~- ~ ;::; r~ ;... :t ~. - Cj ~ '"' ~.; , . .r '--: 0:- -- r.: .- r- C -- '~.'-l E; C' '"t ~ (; CJ ::.l ....~ :I: t:l c., [~ ;:;., > r c ...... ,. (ll c. >-' " r) :;. ~ ~ :>1 ...... tr. ~ r& ...... CD V...:-. '.- ~.,. CD :!. '"C 0 CD -' .... (' ...... c-P; ...... (/) re ...... r~ e- ...... ...... ", 0 ::.l (ll ." :>;' ...... ,.rD ::s rn .... ...... :': 0 -....-rz ? .., 0 :::: - z ," Q :to 0 ; T?- S. .... (0 -' ...... ~ .... -:: (D ::s r.;' " (D (~ '. -' ~ .~ ...... :1. 0 (l> (1) (D ,~... r';- !/J ~. ::.l 0 ,.. i ...... g. C g C ;:J ... s:,; '"t ..... "...., ...... (ll ::l r-!"- 0.. (ll 'd C ..... s:,; ::.l tiJ c- 2 "2.. ::r' (D en () 2 ~. '"' U r; r;; () 0 r; r; n n ~ '"t C ...... ~ (D (ll - C s' e: .., .., .... rt 23 .., ~ .... ~' !1 ...... t'Ij \, i ,. H \''t ::u r L.j (f.l ~ 0 f-c3 ::r: \\ Z ~ ~, ~ tJ I1J t'Ij ~ c:: H ~ ::u z f'. n ~ ~ t:Ij t-l t-l t-l ~ .. n n t:Ij 0 :><: c:: f:Ij z nf-c3 c:: f-c3 0 0 t'Ij ::u ","'" .. ~i-" j~'-. 17.L,r.?'t?Account CW9fl.., abSolutely anCll ~stribution dee. in ac.Cordance with proposed sc;- ute of III ributlon herewith. By ISl " eOUt't p , tJ f:Ij H u2:0 f:Ij (f.l Z ~~. n f-c3 f:Ij ~ [g == ~ f-c3 ~...~ (f.l f:Ij f:Ij J 00 tJ 0 -..J .. t'Ij CD J n <: rv 0 H ~ c: z 0 ~. n 8; f:Ij Z 0: f-c3 ..... ~ <:- H 00; SZ Hi 0': G) Z~ t-l r H 0 .1. f-c3 ~ f-c3 ~ H ~ ;.