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HomeMy WebLinkAbout05-18-79 (2) , " . . COURT OF COMMON PLEASE OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS. COURT DIVISION ESTATE OF RICHARD E. BARR, DECEASED LATE OF BOROUGH OF MECHANICSBURG FIRST AND FINAL ACCOUNT OF DEBORAH ELAINE BARR AND THE COMMONWEALTH NATIONAL BANK, CO-EXECUTORS DATE OF DEATH: June 21, 1978 LETTERS GRANTED: July 13, 1978 COMPLETE ADVERTISEMENT OF GRANT OF LETTERS: WILL NO: 21-78-373 The Patriot News- 7/25 & 8/1,8/78 The Cumberland Law Journal- 7/28 & 8/4,11/78 ACCOUNT STATED TO: April 27, 1979 SUMMARY & INDEX Principal Receipts Net Gain/Loss on Conversions Adjusted Balance Less Disbursements Balance before Distributions Distributions to Beneficiaries Investments Capital Changes Principal Balance Remaining Pages $ 61.852.29 922.56 60,929.73 15,013.41 45,916.32 554.00 $ 45,362.32 Income Receipts Less Disbursements Balance Before Distribution Distribution to Beneficiaries Income Balance Remaining Combined Balance Remaining $ 411. 01 318.24 $ 92.77 $ 45,455.09 1I8[R 9~1 fA:j[ -/48 ~ COMPOSITION OF NET BALANCES Principal Real Estate, 306 E. Coover Street Mechanicsburg Cash and amount temporarily invested in Commonwealth National Bank Common Fund A-2 Total Principal Income Cash and amount temporarily invested in Commonwealth National Bank, Common Fund A-2 $ Total Income Total Combined Principal and Income 1I8lR q '} f' 'r -,'..i9 v \J 111)1... -:5 2 Market Value $ 42,000.00 3,362.32 $ 45,362.32 92.77 92.77 $ 45,455.09 . . Account Value $ 42,000.00 3,362.32 $ 42,362.32 $ 92.77 92.77 $ 45,455.09 PRINCIPAL RECEIPTS Per copy of Inventory Attached $ 60,917.83 Adjustment to Inventory 7/28/78 Automobile Inventoried at Revaluation $ 3,600.00 3,525.00 $ (75.00) $ 1,104.63 2,102.19 $ 997.56 7/31/78 Amway Products Inventoried at Revaluation Subsequent Receipts 12/13/78 Refund on overpayment of charge account with Exxon Company $ 3.37 1/3/79 Interest due 8/31/71 on Amway Corp Bond .60 2/8/79 Refund 1977 Privilege Tax from West Shore Tax Bureau 7.93 Total Principal Receipts $ 61,852.29 PRINCIPAL CONVERSIONS INTO CASH Gain Loss 9/12/78 31 Units Commonwealth National Bank, Common Fund A-2 Account Value $ 31.00 Proceeds 31.00 9/21/78 Automobile Proceeds Account Value $ 3,600.00 3,525.00 75.00 9/21/78 Amway Products Account Value Proceeds $ 102. 14 102. 14 9/25/78 13 Units, Commonwealth National Bank, Common Fund A-2 Account Value $ 13.00 Proceeds 13.00 3 USER 93 f/\,;[ 'ljO Principal Conversions continued 9/29/78 1000 Units Commonwealth National Bank Common Fund A-2 Account Vlue $ 1,000.00 Proceeds 1,000.00 10/30/78 1325 Units, Commonwealth National Bank Common Fund A-2 Account Value $ 1,325.00 Proceeds 1,325.00 10/31/78 Amway Products Account Value $ 200.00 Proceeds 200.00 10/31/78 Amway Products Account Value $ 100.75 Proceeds 100.75 11/30/78 $1,410 Amway Corp, 6% Series of 1971, due 8/31/78 Account Value $ 1,410.00 Proceeds 1,410.00 12/15/78 $232.63 Amway Corp., 6% Series at 1974, due 8/31/81 Account Value $ 197.74 Proceeds 197.74 12/15/78 $200 Amway Corp., 6% Series of 1974, due 8/31/80 Account Value $ 180.00 Proceeds 180.00 2/7/79 400 Units Commonwealth National Bank Common Fund A-2 Account Value $ 400.00 Proceeds 400.00 1/18/79 Amway Products Account Value Proceeds $ 1,610.66 613.10 12/15/78 $580 Amway Corp., 6% Series of 1972, due 8/31/79 Account Value $ 551.00 Proceeds 551.00 lI8r.R { ~ ~.., (997.56) fil"[ ~,51 4 Principal Conversions continued 2/12/79 100 Units Commonwealth Bank Common Fund A-2 Account Value Proceeds National $ 100. 00 100.00 2/13/79 150 Units Commonwealth Bank Common Fund A-2 Account Value Proceeds National $ 150. 00 150.00 3/9/79 8865 Units Commonwealth Bank Common Fund A-2 Account Value Proceeds National $ 8,865.00 8,865.00 3/22/79 2 Units Commonwealth National Bank Common Fund A-2 Account Value $ 2.00 Proceeds 2.00 4/23/79 50 Units Commonwealth National Bank Common Fund A-2 Account Value $ 50.00 Proceeds 50.00 Total $ Net Loss Transferred to Summary Page $ 75.00 922.56 997.56 $ 997.56 $ 997.56 PRINCIPAL DISBURSEMENTS 7/17 /78 Register of Wills, Cumberland County, probate cost and five short certivicates $ 40.00 7/19/78 Cumberland Law Journal, legal advertising 18.00 7/31/78 Commonwealth National Bank, outstanding check, Account #1421321165 33.04 7/31/78 Commonwealth National Bank, outstanding check, Account #1621323714 194.25 8/7/78 Deborah Barr, reimbursement for new locks on real estate. 38.18 8/11 /78 Andrew L. Ebert, Jr., debt owed by decedent 210.00 5 li3i:R 9~l fMG[ ., ~2 .. Principal Disbursement continued 8/11/78 Commonwealth National Bank, outstanding loan 8/11/78 The Patriot News, legal advertising 8/11/78 P. P. & L, electric service to 7/27 8/11/78 UGI Corp., gas service to 8/22/78 8/15/78 Cocklin Funeral Home, funeral expenses 8/17/78 Greenawalt & Co., balance due on preparation of tax returns 8/17/78 Edmond F. Shedlosy , dental services rendered decedent 8/17/78 Ray W. Anderson, 1978 School Real Estate Taxes 8/17/78 Ray W. Anderson, 1978 Real Estate Taxes 8/17/78 FHN Associates Inc. medical services rendered decedent 8/17/78 Commonwealth National Bank, balance due on Master Charge account 8/17/78 Gulf Oil Corporation, balance due on account 8/17/78 Montgomery Ward, balance due on account 8/17/78 Sears & Roebuck, balance due on account 8/17/78 Exxon Co., balance due on account 8/17/78 Mechanicsburg Borough, sewer and refuse to 6/30/78 8/29/78 M. C. Walker Realty, appraisal of real estate 9/4/78 Bell of Pennsylvania, final telephone bill 9/19/78 UGI, gas service to 8/22/78 9/21/78 Harry M. Wimer, appraisal of personal property 9/21/78 Mechanicsburg Water Supply Co., water service to 8/7/78 113LR CYl i",T '1':'~3. V't 'thJL '" 6 $ 1 ,021. 70 47.25 42.30 41.41 1,156.80 125.00 15.00 285.15 120.78 95.00 140.91 41.78 24.78 188.92 132.18 15.40 75.00 56.37 13.18 30.00 19.27 " Principal Distributions continued 8/29/78 Register of Wills, Pennsylvania Inheritance Tax 10/02/78 City Publishing Co., Harrisburg Cross Reference Directory 10/16/78 Mechanicsburg Borough, sewer and refuse to 9/30/78 10/16/78 P. P. & L., electric service to 9/27/78 10/16/78 UGI, gas service to 10/20/78 11/09/78 Byerly Insurance Agents & Brokers, Inc., coverage on dwelling 11/01/78 to 11/01/79 11/06/78 Geraldine E. Beil, loan claimed against estate 12/20/78 P. P. & L., electric service to 11/28/78 12/20/78 Mechanicsburg Water Co., water service to 11/6/78 2/8/79 Register of Wills Cumberland County, balance of Pennsylvania Inheritance Tax due 2/8/79 Register of Wills Cumberland County, cost of filing statement debts & deductions, RCC & inventory 3/1/79 Register of Wills Cumberland County, filing fee for inventory 4/13/79 West Short Tax Bureau, 1978 Wage Tax 4/23/79 Register of Wills, Cumberland County, one short certificate Reserves: Commonwealth National Bank Executor1s fee James D. Bogar, Esq. Attorney's Fee Closing Cost Total Principal Disbursements 1I3i:R 93 fi\0[ ~,54 7 $ 2,565.00 50.24 14.00 35.94 44.00 94.00 1,325.00 27.28 19.27 354.29 9.00 2.00 10.74 1. 00 3,045.00 3,045.00 150.00 $ 15,013.41 PRINCIPAL INVESTMENT 12/19/78 1649 Units Commonwealth National Common Fund A-2 $ 1,649.00 12/21/78 200 Units Commonwealth National Bank Common Fund A-2 200.00 1/4179 1135 Units Commonwealth National Bank Common Fund A-2 1 , 135. 00 3/9/79 9673 Units Commonwealth National Bank Common Fund A-2 9,673.00 PRINCIPAL DISTRIBUTION 11/07/78 Deborah E. Barr, household goods $ 554.00 Total Principal Distributions $ 554.00 INCOME RECEIPTS First Federal Savings & Loan Savings Account 8/25/78 Interest $ .28 $ .28 Amway Corp, 6% Series of 1971, due 8/31/78 10/16/78 Interest $ 84.60 Less: Accrued interest to 6/21/78 68.38 16.22 per inventory Amway Corp. , 6% series of 1974, due 8/3/81 10/16/78 Interest $ 13.96 Less: Accrued interest to 6/21/78 11.23 2.68 per inventory Amway Corp. , 6% Series of 1972, due 8/31/79 10/16/78 Interest $ 34.80 Less: Accrued interest to 6/21178 28.13 6.67 per inventory ll'Q-T_R q:~ · . '5 LI_ ....,J fl~:~[ iJ 8 ., Income Receipts continued Amway Corp., 6% series of 1973 due 8/31/80 10/16/78 Interest Less: Accrued interest to 6/21/78 per inventory $ 12.00 9.70 2.30 Commonwealth National Bank Common Fund A-2 9/12/78 Earnings $ .13 $ 9/25/78 Earnings . 10 10/30/78 Earnings 18.43 12/6/78 Earnings 138.10 12/21/78 Earnings 5.89 2/7/79 Earnings 6.26 2/12/79 Earnings 1. 66 2/12/79 Earnings 2.43 3/9/79 Earnings 209.33 4/23/79 Earnings .53 328.86 Total Income Receipts $ 411.01 INCOME DISBURSEMENTS 12/05/78 David Carr, liability insurance premium $ 27.34 52.97 2/8/79 2/8/79 3/9/79 3/9/79 3/9/79 4/6/79 UGI Corp., gas service to 2/20/78 Mechanicsburg Borough, sewer and refuse 14.00 P. P. & L., electric service to 1/26/79 24.25 Mechanicsburg Water Co., water service to 2/7/79 19.27 UGI Corp., gas service to 1/25/79 68.40 91.46 Raymond W. Anderson, 1979 Real Estate Tax Reserve: Commonwealth National Bank, executor's commission on income collected 20.55 Total Income Disbursements $ 318.24 liBi:R 9:1 fi\;j[ ./56 9 '. .. COMMONWEALTH NATIONAL BANK BY:~~~ ~~~ C2;t:J~ And: Co-Executors of the Will of Richard E. Barr, Deceased 1I8lR 9;3 f~0[ .'57 10 '. ... COMMONWEALTH OF PENNSYLVANIA ) COUNTY OF CUMBERLAND I, Lois B. Copeland, Trust Officer, of The Commonwealth National Bank, accountant in the foregoing Account, being duly sworn according to law, depose and say that the above Account is just and true, both as to items of charge and discharge, and that the grant of letters and the first complete advertisement thereof occurred more than four months prior to the filing of the Account. THE COMMONWEALTH NATIONAL BANK By ~~~~ Trus t OfTi cer Sworn to and subscribed before me thi s / It; <.fA- day of A.D. 1979 !Jl.g;1 :.. . \\\\'t\'" I r ~~,\\\\.. ,. " ~,/ '~':~ , . l!rn.tury , ,,~ . .1\ 1" ._(<:; $,.1 ,..\.... "':_~..~',,-I.. ~ l wi 'l.~' " .\ 1.:1.'. ". = _'" . CJ,,~~~ ,,~~~t.." j~:~ :; ~;(.),'ofr\.' ;;tic,; :: ,. ,", ','..... "~I:. :; . ~.~ '2A 1" ,-' t' ::. ~ ,,1 ('\, , ;:.......,: ;;.' /, "5''''\\ .....;:- ....-a 0 ., 4. \... "",~'...'" "'... ',- I'- \ '.'-'''''~ "',0" ,{~ r: \' t' \:. <\,,4.'" / l'"i't'.t~~;pi'~,ii;'~'t 1;('\ ic JOAN E. ARNOLD, Notary Public Shiren:anstown, CU:lberland Co., Pa. My Commission Expires Sept. 6, 1982 lI3t:R 9.1 fi1G[ "58 '. COMMONWEALTH OF PENNSYLVANIA ) COUNTY OF CUMBERLAND I, Deborah Elaine Barr, Co-Executor, accountant in the fore- going Account, being duly sworn according to law, depose and say that the above Account is just and true, both as to items of charge and discharge, and that the grant of letters and the first complete adver- tisement thereof occurred more than four months prior to the filing of the Account. THE COMMONWEALTH NATIONAL BANK By A!J~/iA 6! 6n/v'V Co-Executor Sworn to and subscribed before me this /fR W- day of ~ A.D. 1979 .' ,/';. . '?, o/(;ary ,\ \;. 0 '., , ~ ,'" (/" ..' () , " \.' . ~ '. ,,':" ~ ~) ". / '1> i"" ."~, '\ :. 2Af",,< : ; , -<' '. .... (': : ' . ~ .' '. .,..., 4\~"'" '~"'.","'" : 4 ,,'" ~, "'s' ,\'~. ,-: '.... () I, p.',' <::'.' '. 't-. . ,\. ""';[""\' ,.' ~, '.. ~: .' ';', , i : -_ "\ '.' '. ..........,..,. ",i;' JOAN E. ARNOLD, Notary Public Shirerrar.stown, CU1berland Co" Pa. My Commission Expires Sept. 6, 1982 liBt:R 9a f/\~[ .'59 Inventory of the reo I ond personoi estate of \ RICHARD E. BARR ~. Real Estate 1. Property situate and known as 306 East Coover Street, Mechanicsburg Cumberland County, Pennsylvania being a one story brick dwelling Recorded on Deed Book N, Volumn 19, Page 443; appraised at Total Realty Tangible Personal Property 2. Household goods - appraised at 3. Automobile 1976 Buick LaSabre, sold at 4. Amway Products, sold at Intangible Personal Property 5. $232.63 Amway Corp. 6% Series of 1974 due 8/31/81 6. Interest accrued on item 5 to 6/21/78 7. $200 Amway Corp 6% Series 1973 due 8/31/80 8. Interest accrued on item 7 to 6/21/78 9. $500 Amway Corp. 6% Series of 1972, due 8/31/79 10. Interest accrued on item 9 to 6/21/78 11. $80 Amway Corp. 6% Series of 1972, due 8/31/79 12~ Interest accrued on item 11 to 6/21/78 13. $1,000 Amway' Corp. 6% Series of 1971, due 8/31/78 14. Interest accrueq on item 13 to 6/21/78 15. $10 Amway Corp. 6% Series of 1971, due 8/31/78 16. Interest accrued on item 15 to 6/21/78 17. $400 Amway Corp. 6% Series of 1971, due 8/31/78. 18. Interest accrued on item 17 to 6/21/78 19. Savings Account No. 2-3462 from First Federal Savings & Loan Association 20, Interest accrued on item 19 to 6/21/78 21. Checking AccouQt.No. 142-132116-5 with The Commonwealth National Bank 22. Checking Account No. 162-132371-4 with The Commonwealth National Bank -.....,.,..,.... de~e.ased. $ 42,000 00 $ 42,000 00 $1 554100 3,600100 1,104'63 197 74 11 28 180100 9 70 475,100 24 25 76 00 3 88 1,000 00 48 50 10 00 48 400 00 19 40 32 17 81 264 22 1,479 39 ~ " '. . . ", 23. Death Benefits from National Home Life Assurance Co. $ 5,029.84 24. Refund from Nationwide Insurance - Net balance of insurance proceeds after payoff Commonwealth National Bank Loan No. 16-07-26903-0 4,063.69 25. Debts due the decedents for selling Amways Products 231. 25 26. Refund from Byerly Insurance Agents & Brokers Inc. 27.00 27. Refund of premium from Blue Cross 66.70 28, Refund cable service from West Shore TV 7.90 Total Personalty $ 18,917.83 Total $ 60.917.83 \ r.: ,.c _ \'J E'.; ~,.i ,""':' () 11 :< I (fl t:J.... r :E ". .~, , r.-, ; r- ~ ~-. . 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