HomeMy WebLinkAbout87-0768IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA,
ORPHANS' COURT DIVISION
IN RE: THE AMENDMENT AND RESTATEMENT OF TRUST AGREEMEN'~-~Y AND ~
BETWEEN ELMER L. BITTER, AS SETTLOR, AND MANUFACTURERS AN$c$RADE~ -
TRUST COMPANY, SUCCESSOR BY REASON OF MERGERS TO DAUPHIN POST)
BANK AND TRUST COMPANY and ELMER L. BITTER
~D ~
JR.
AS TRUSTEES - l
,
,
,
MARCH 10, 1986 (Hereinafter called the "Trust") . '='_'_-n -'
~,
__
-,-,
N0.87 of 768 '+.J
, .
• ' LL f
RECEIPT, RELEASE AND INDEMNIFICATION AGREEMENT ~ ~ ~
Receipt, Release and Indemnification Agreement (hereinafter called the "Release") is given
this Day of 1 , 2008 by Janelle R. Swilley of Babson Park, FL (hereinafter
called the "Beneficiary") to and in favor of Manufacturers and Traders Trust Company successor to
Dauphin Deposit Bank and Trust Company and Elmer L. Ritter, Jr., Co-Trustee of the Trust (hereinafter
called the "Co-Trustees").
WITNESSETH:
WHEREAS, Elmer L. Ritter died October 22, 1987, Myron U. Ritter died March 31, 1997 and
Joan R. Hurgeton died October 25, 2007;
WHEREAS, the Beneficiary, pursuant to residuary disposition contained in ARTICLE TV. l.l.c.
of the Trust (A copy of which is attached as EXHIBIT "A"), is beneficially interested in the above
referenced Trust and is entitled to one-third of the Trust assets; and
NOW, THEREFORE, intending to be legally bound hereby, the Beneficiary represents, warrants,
covenants and agrees as follows:
1. Receipt. The Beneficiary requests the above named Co-Trustees to make final distribution of the
following property and effective upon delivery to the undersigned of the property shown as
distributable in the, acknowledges receipt of such property.
DESCRIPTION AMOUNT
Income Cash $1,154.97
Principal Cash $75,269.91
Less 2007 Fiduciary Income Taxes 1/3 -356.00
Net Cash for Distribution $Z~
7 shs Pine Brook Corporation, Common Stock $1~Z66.00
The Beneficiary acknowledges that the final distribution represents the Beneficiary's entire interest in
the above referenced residuary disposition contained in ARTICLE N. l.l.c., and is being made in
full satisfaction thereof.
2
The Beneficiary does further acknowledge receipt of a First and Final Accounting of the
administration of the Trust attached as EXHIBIT "B".
2. Release. Upon having received the above described final property distribution, the Beneficiary does
by these present remise, release, quit-claim and forever discharge the Co-Trustees, their employees,
successors and assigns, from all actions, suits, payments, accounts, reckonings, claims and demands
whatsoever, for or by reason of its administration of the above referenced Trust, or any other act,
matter, cause or thing whatsoever.
3. Indemnification. In exchange for the Co-Trustees' willingness to make the final distribution
hereunder without first securing the benefit of a formal court audit, the Beneficiary agrees to
indemnify the Co-Tn~stees and hold them harmless, to the extent of any fu*:ds er assets received by
the Beneficiary hereunder, from and against the Beneficiary's pro rata share of any and all liabilities,
losses, damages, costs, verdicts, judgments, awards and expenses (including attorney's fees and other
costs or expenses of defense) to which the Co-Trustees may be subjected by reason of its
administration of the Trust, as well as the settlement thereof by means of an informal distribution.
The Beneficiary further agrees to:
a. Refund or return, promptly upon the Co-Trustees' written demand, any funds or assets distributed
by the Bank to the Beneficiary, if the distribution thereof is determined at any time to have been
an erroneous or negligent distribution to the Beneficiary, whether such error or negligence was or
was claimed to have been premised upon a mistake of law or of fact.
b. Modify and displace any otherwise applicable period limiting the time within which the Co-
Trustees' action to collect an erroneous or negligent distribution must be commenced, so as to
provide that the Bank need not commence an action to collect an erroneous or negligent
distribution to the Beneficiary until two (2) years after such time as the Bank shall have obtained
actual knowledge of such en or or negligence.
The provisions of this Release shall be deemed severable in the event that one or more thereof shall
be deemed invalid or unenforceable, with the effect that the remaining provisions shall persist as if such
invalid or unenforceable provision had never beer. a part : ereof. In addition, the construction, effect,
validity and performance of this Release shall be governed in all respects by the laws of the
Commonwealth of Pennsylvania, without regard to its conflict of laws provision.
This Release shall bind the Beneficiary, her heirs, representatives, successors, and assigns together
with any person with respect to whom the Beneficiary is a natural or appointed guardian.
'The Beneficiary hereby acknowledges that this Release may be filed at any time, at the discretion of
the Co-Trustees, with any court of competent jurisdiction, and the Beneficiary consents to any such filing.
TN WITNESS WHEREOF, the Beneficiary has executed and sealed this Release on the date first
above inscribed.
JANELLE R. S E
VERIFICATION
Manufacturers and Traders Trust Company and Elmer L. Ritter, Jr.,
Co-Trustees under Agreement with Elmer L. Ritter, Sr., deceased, hereby
declare under oath that they have fully and faithfully discharged the
duties of their office; that the foregoing Account is true and correct and
fully discloses all significant transactions occurring during the
accounting period; that all known claims against the Trust have been paid
in full; that, to their knowledge, there are no claims now outstanding
against the Trust; and that all taxes presently due from the Trust ha-re
been paid.
This statement is made subject to the penalties of 18 PA. C.S.A.
Section 4904 relating to unsworn falsification to authorities.
Elmer L. Ritter, Jr.
Dated • ~~t/~ ~~~oc1 D
v
Subscribed and sworn to by
before me this~~ day
.,
,~'
f
Notary Public
Notarial Seai
Gwendolyn E. Killian, Notary Public
i Carlisle Boro, Cumberland Caunty
^~1y Commission Expires Nov. 22, 2008
Plsrr~ber, Penr?syivania AssoE;iation Of Notaries
- 72 -
3
STATE OF ~nC:c~o,
COUNTY OF ~ I ~ ~-
On this ~ Day of /t ~ , 2008, before me, the undersigned authority, personally came
Janelle R. Swilley, Known to me (or satisfactorily proven) to be the person whose name is subscribed to
the within Release and acknowledged that s/he executed the same for the purpose therein contained.
Witness my hand and official seal the day and date aforesaid.
(SEAL)
~r P ~- NICOLE M. COSTA NO blic
~, ' ., MY COMMISSION # DD 646880 M commission ex fires:
:o<= EXPIRES: April 21 2011
~~'%°f ~Stid'~` Bonded ThN Notary PuhGc Undervmters
PROPOSED PRINCIPAL DISTRIBUTION SCHEDULE
Market Value Fiduciary
as of Acquisition.
03/07/2008 Value
CHILDREN OF JOAN RITTER HURGETON:
T0: David B. Huraeton, Jr. - 33% share
of Residue as per Item IV(c) of Trust__
under Aareement as Amended
7 Shs. Pine Brook Corporation
Principal Cash
TO: Janelle R. Swilley - 34o share of
Residue as per Item IV(c) of Trust under
Aareement as Amended
7 Shs. Pine Brook Corporation $
$ 10,766.00 $ 6,622.84
75,269.90 75,269.90
$ 86,035.90 $ 81,892.74
Principal Cash
TO: Joellvn R. Collier - 33o share of
Residue as per Item IV(c) of Trust under
Aareement as Amended
7 Shs. Pine Brook Corporation
Principal Cash
TOTAL
The above cash is currently invested in
MTB Money Market-Inst I Fund #420
10,766.00 $ 6,622.84
75,269.91 75,269.91
86,035.91 81,892.75
$ 10,766.00 $ 6,622.84
75,269.90 75,269.90
86,035.90 81,892.74
$ 258,107.71 $ 245,678.23
---------------- ----------------
---------------- ----------------
- 70 -
~~11 J
V .EXHIBIT "A" ~ ~L~,l~$-~Z~~
r~ ~~~~-~-~~~
~
f ( 11 RT~2Q'~~T
G
At~1Q•!E'sdT A'rID :tES~TA'L2~7F aF TRIJSf A
~~~JJ /
y
!
'
'
•
~~~
:i
, 1936, by
TfIIS AGRr~EIEv'F made CIZi3 ,-;'''7day of /
•
and between IIi~2 L. P.TIT1;t, of F.anpden Towrshfp, Qrberland Cotsity,
Persisylvania, (j~iereinafte~ referred to as "Sett'_or"} , and ~'~I7PIIIN DII'C6IT
•
BA:~C ArID Ti~ST CCf~'At3Y a Pennsylvania cornorari.an Itaavirt„ a-place of buai- . "~
U pass at 2 I+teat Aig~h Street, Carl.isle,~ Qd~erl.and Caunty,_ Peraisylvani.a, and :'
;4 i\~ tax u. r,~T~,=`oi' t~cF~anicsburg;:; Pennsylvanf.a,, Czereinafter: referred. to
.. .
~ as "Trastee" .~
-~
E~
:TiTi~SS~i:
(~ ~ i•h~ItPAS, Settlor and DAUPt~J DII'OSIT TRUST Cl2iPAPIY, predecessor
\\~IJI to Thistee, entered into a 'tit Ap~seecient dated Senta~ber 22, 19b4; said
Agreement ;~avlry; been amended Uy. an ~1preea~ent dated January 25, 1979, an
Agreement of 3une 30, 1983, an ltt~enct~ent and I~stater~ent of Trust Agreer.~ent
dated SepterFier <<, 1985, and an An.~endment thereto dated :3ovesrher 13, 1985;
I•Il1F3tF11S, Settlor has transferred certain assets into the said
Trust to be held, managed and distributed under its temps; and
I7l~',PAS, the parties hereto now intend to amend and restate tl~e
said Truat Agreernnt as amended but not to terrsLnate it. Begi:aiic~; at
Article I., the texve of the Trust shall be as follaas:
ARTICLE I.
For all purposes of this Trust Agreement every reference herein to
~J Settlor's children or issue shall include MYENAI U. RIZZER, II2lE: L.
;,ITlE:t, Jr. , MARY GE•iFViL'VC ;3ttQIIEY, and JOAid RITITT'. F1URG1ZUi, so t<~at
each of the said persons shall be considered a child of Settlor and
the issue of Settlor; and the children and issue, of each of the four
named persons shall be considered his or filer caild and issue and the
issue of Settlor.
AItTICiE II.
Zt is agreed that Settlor and airy other party nay transfer assets to
C~
r
~`
DISTRIBUTIONS OF INCOME TO BENEFICIARIES (cont'd)
FORWARD
$ 344,604.OG
Joan Ritter HurQeton (cont'd)
12/12/05 Distribution
Cl/10/06 Distribution
02/10/06 Distribution
03/10/06 Distribution
G4/10/06 Distribution
05/10/06 Distribution
06/12/06 Distribution
07/10/06 Distribution
08/10/06 Distribution
09/11/06 Distribution
1.0/10/06 Distribution
1.1/10/06 Distribution
1.2/11/06 Distribution
CIl/10/07 Distribution
02/12/07 Distribution
03/12/07 Distribution
C)4/10/07 Distribution
C)5/10/07 Distribution
06/11/07 Distribution
07/10/07 Distribution
08/10/07 Distribution
09/10/07 Distribution
7.0/10/07 Distribution
TOTAL DISTRIBUTIONS OF INCOME TO BENEFICIARIES
596.69
1,180.89
543.06
609.90
820.53
667.08
658.90
844.76
682.71
680.73
848.56
667.82
642.39
1,401.76
651.65
656.26
837.25
630.88
614.80
802.07
627.08
606.29
805.91 $ 361,681.97
$ 361,681.97
- 68 -
~'+_']
~~
C
f~
G?,
`))
G,,
subject to Tzustee's approval.
AR;':CLE N.
TRUST "B"
Unan the death of Settlor, if his wife, JUiSA G. BITTER,
survives hirs, Trustee shall retain all the renaix~; assets of
'TRUST "A", both corpus or inccme, and airy additional fends received
from the estate of Settlor or otherwise, and shall marta3e, irroest
and reinvest and disburse the same subject to the followtr~ conditions:
(a) Trustee stall hold in trust (hexeinafter I.~m as TRUST
"B" to be held and administered in accordance with the provisions
of this paragraph for the benefit of Settlor's wife, (the Qualified
Terminable Interest Property 1~'ZSt," herein referred to as the
(jTIP Trust"), all assets held or received by Tn~tee and not other-
wise disposed of in this Agreement. Settlor's Lcecutor shall have
Ghe right to elect on the Federal Estate Tax Return prepared ort
behalf of Settlor's este,tQ.. to stave ~ portion or all of the property
passing under this Item treated as "qualified terminable interest
Property" in order to qualify such portion or all of the property
for the marital deduction for Federal Estate Tas nurooses.in
L.:: E~ci9i ~ ~ '~--S-G:'w . _.: ~.. _ _.i:~:L" Y' 2.1 R:1;S i:5 ~^3C~ a . ii:v' OL' c--
p~_ -_ ..
of ouch asaet§ so qualify, such elected assets shall be held and
nt4iaCairsad by Tztiatea as a separate Trust Fund; the balance, if any,
of the assets which are governed by this Item shall also be-held
aitd maintained as a separate must Fund; and earn of such Trust Funds
shall be held in mist for the £ollocai:~; uses and p~spases and be
subject to the provisions of the followiry; subparac~aphs: ..
(a) Truatea shall have, hold, rsenage, invest and
reinvest the assets paverned by each such Tzvst, collect
-3-
DISTRIBUTIONS OF INCOME TO BENEFICIARIES (cont'd)
FORWARD $ 242,766.68
Joan Ritter Hurgeton (cont'd)
1.0/13/98 Distribution 1,401.7G
1.1/10/98 Distribution 1,449.59
1.2/10/98 Distribution 1,422.65
01/11/99 Distribution 1,474.02
02/10/99 Distribution 1,445.02
03/10/99 Distribution 1,316.32
04/12/99 Distribution 1,536.40
05/10/99 Distribution 1,455.82
06/10/99 Distribution 1,402.89
07/12/99 Distribution 1,386.98
08/10/99 Distribution 1,469.89
09/10/99 Distribution 1,449.83
:.0/12/99 Distribution 1,396.69
11/10/99 Distribution 1,461.47
12/10/99 Distribution 1,439.76
01/10/00 Distribution 1,448.17
02/10/00 Distribution 1,465.75
03/10/00 Distribution 1,420.44
04/10/00 Distribution 1,507.33
05/10/00 Distribution 1,516.66
06/12/00 Distribution 1,539.93
07/10/00 Distribution 1,456.52
08/10/00 Distribution 1,526.19
09/11/00 Distribution 1,533.88
:10/10/00 Distribution 1,512.05
L1/10/00 Distribution 1,527.57
12/11/00 Distribution 1,492.24
Ol/10/Ol Distribution 1,497.78
02/12/01 Distribution 1,525.11
03/12/01 Distribution 1,434.44
04/10/01 Distribution 1,536.34
05/10/01 Distribution 1,502.03
06/11/01 Distribution 1,523.17
07/10/01 Distribution 1,451.56
08/10/01 Distribution 1,499.96
09/10/01 Distribution 1,483.00
10/10/Ol Distribution 1,405.40
11/13/01 Distribution 1,403.26
12/10/01 Distribution 1,341.92
01/10/02 Distribution 1,354.53
02/11/02 Distribution 1,312.24
03/11/02 Distribution 1,175.67
04/10/02 Distribution 1,243.85
FORWARD $ 304,912.70
- 66 -
_,
;i,
~':i
u
it
~!,
c,~~
c
children. and issue have advanced funds to Settlor's
daughter, JCA~^1 R:i?~"2 FZ'E~"?TXt and/or her spouse,
LlA4'ID B. FIURL'EZCN. If arty Party havL-tp; made such
ad~r~.cement s;.all not Katie beers reimbursed in full
at the time of distribution of this 2]vst, Tlvstee
shall distribute fran the TYust tlbe ftrtds advanced
and mt reimbursed, with interest at the rate of six
percent (b'/>) per atatun, from the date of the advance-
ment of said folds to the date of the reimbursement
distribution made by the T~istee.
(c) ...Upax, the death:'. of, JCSAi4 RrT1~It ItURQ7!Ct~ ;if, ;arty; funds
:`::remain in.said Z`nL9C aus:2i::fvnds~"sha1.I, be.pai:d.;.to her y
-s-
DISTRIBUTIONS OF INCOME TO BENEFICIARIES (cont'd)
FORWARD $ 58,673.82
Joan Ritter Huraeton (ccnt'd)
08/12/91 Distribution 1,864.22
09/10/91 Distribution 1,949.27
1.0/10/91 Distribution 1,873.47
1.1/12/91 Distribution 1,855.14
1.2/10/91 Distribution 1,796.30
01/10/92 Distribution 25,558.05
02/10/92 Distribution 3,027.94
C)3/10/92 Distribution 2,104.60
C)4 /10/92 Distribution 2,219.10
05/11/92 Distribution 2,131.94
06/10/92 Distribution 2,166.96
07/10/92 Distribution 2,117.37
08/10/92 Distribution 2,163.23
09/10/92 Distribution 2,020.17
7.0/13/92 Distribution 2,096.05
]_1/10/92 Distribution 2,145.66
7.2/10/92 Distribution 2,060.19
01/11/93 Distribution 2,215.30
02/10/93 Distribution 1,973.79
03/10/93 Distribution 1,947.27
04/12/93 Distribution 2,193.51
05/10/93 Distribution 2,001.37
06/10/93 Distribution 1,792.88
07/12/93 Distribution 2,079.18
08/10/93 Distribution 2,035.79
09/10/93 Distribution 1,885.55
:10/12/93 Distribution 2,084.54
:11/10/93 Distribution 1,828.30
:12/10/93 Distribution 1,855.93
1)1/10/94 Distribution 1,939.35
02/10/94 Distribution 1,739.18
03/10/94 Distribution 1,722.71
04/11/94 Distribution 1,909.79
05/10/94 Distribution 1,626.02
06/10/94 Distribution 1,774.53
07/11/94 Distribution 1,824.03
08/10/94 Distribution 1,621.17
09/12/94 Distribution 1,689.52
10/11/94 Distribution 1,721.23
11/09/94 Distribution 1,550.90
12/12/94 Distribution 1,593.24
01/10/95 Distribution 1,731.11
02/10/95 Distribution 1,629.06
FORWARD $ 165,788.73
- 64 -
iLi~
,,
~v ~
~;
~:
U~~
.`-.
C~
r
/~?
l' ~j
^~
f
a deceased child of Settlor, L'r~..stee quarterly small pay the rat
incct's to or for tF~e. benefit of t'_3e issue of a deceased child of
Settlor, per s*'rpes, living at eacz time cf quarterly distributioa:.
As each one of the said issue attains the age of t•„aenty-one (21)
years, but in m event later than twenty {20) years followir~ the
deata`~ of the survivor of Settlor's spouse and Settlor, Tcustea
shell pay aver to said issue the pmportiai of the tP.en assets in
the ZYtist from.,,~hich the issue iias been receiving income and the
issue's interest in the hest shall cease.
(e) If, at any tir.~e before final distribution of the assets
of arty of the lkusts established for children of Settlor or the
issue of said children, there are no living beneficiaries of said
'Rust, the Tnsst shall terminate, its assets s'nall be divided into
as many equal shares as there are then e~d.stent Trusts created here-
inbefare for the issue of deceased children of Settlor or their issue,
and one such share shall be added to each such then existent Trust.
Provided that if arty of said Tnlsts herein created previously has
been terminated by payment of its principal to its beneficiaries,
said beneficiaries who received payment of the principal of that
Trust collectively shall 6e considered an "e~dstent 1~ust" for the
propose of this parao aph, and one such equal share shall be paid
directly to such beneficiaries in the same proportion by which they
received the principal of that Trust.
(f) Ig at the time of termination of the Trust as hereinbefore
provided in sub-section (e) there is m then existent Trust as
described aforesaid or, if at arty time before final distribution of
assets under the terns of this Tnsst neither Settlor, Settlor's spouse,
nor any of Settlor's issue is living, the Trust shall teivztnate and
the assets thereof shall be distributed to the persons and in tiie
-7-
DISBURSEMENTS OF INCOME (cont'd)
FORWARD
U.S. Post Office
08/11/89 Charge for sending Check by Express Mail
for 1 Day Delivery
09/14/89 Postage for Special Handling of
September's Check
10/11/89 Postage for Special Handling of
October's Check
11/13/89 Postage for Special Handling of
November's Check
12/12/89 Postage for Special Handling of
December's Check
O1/16/9G Postage for Special Handling of
January's Check
02/15/9G Postage for Special Handling of
February's Check
03/13/90 Postage for Special Handling of March's
Check
04/11/90 Postage for Special Handling of April's
Check
05/14/90 Postage for Special Handling of May's
Check
06/13/90 Postage for Special Handling of June's
Check
07/13/9C1 Postage for Special Handling of July's
Check
TOTAL DISBURSEMENTS OF INCOME
$ 8.75
8.75
8.75
8.75
8.75
8.75
8.75
8.75
8.75
8.75
8.75
34,466.99
8.75 105.00
$ 34,571.99
- 62 -
EXHIBIT "B"
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA.
ORPHANS' COURT DIVISION
N0. 87-768
TRUST UNDER AGREEMENT DATED 5E=.'EMBER 22, 1964 AND AMENDED
WITH ELMER L. BI'T'TER, SR.
F/B/0 JOAN BITTER HURGETON
FIRST AND FINAL ACCOUNT
Manufacturers and Traders Trust Company, Successor to
Dauphin Deposit Bank and Trust Company and
Elmer L. Ritter, Jr., Co-Trustees
Date of Death: Elmer L. Ritter, Sr. October 27, 1987
Joan Ritter Hurgeton October 25, 2007
Date of First Receipt of Funds:
February 13, 1989
Accounting for the period: February 13, 1989 to
March 7, 2008
Purpose of Account: The Co-Trustees offer this Account to acquaint interested
parties with the transactions that have occurred during the Administration.
It is important that the Account be carefully examined. Requests for
additional information, questions or objections can be discussed with:
Thomas E. Morkin
Manufacturers and Traders Trust Company
1 West High Street
Carlisle, PA 17013
(717) 240-4508
or
Elmer L. Ritter, Jr.
712 South Market Street
Mechanicsburg, PA 17055
- 1 -
DISBURSEMENTS OF INCOME (cont'd)
FORWARD $ 24,275.27 $ 3,475.35
Dauphin Depcsit Bank and Trust Compan
Trustee's Fee (cont'dl
05/05/9E3 95.40
06/05/9E3 95.58
07/06/9E3 123.46
08/05/9E3 123.35
09/08/9E3 123.72
10/05/9E3 125.30
11/05/9E3 123.19
12/07/9£3 123.98
01/05/99 123.58
02/05/99 123.11
C3/05/99 121.74
04/05/99 69.78
05/05/99 69.86
06/07/99 69.28 25,786.60
Manufaci=urers & Traders Trust Company -
Trustee Fee
09/08/03 $ 69.62
10/06/03 69.31
11/06/03 68.79
12/08/03 68.53
01/06/04 67.86
02/06/04 67.58
63/08/04 67.51
04/06/04 69.19
05/06/04 68.37
06/07/04 67.73
07/06/04 67.55
08/06/04 67.19
09/07/04 66.90
10/06/C4 66.54
11/08/04 66.17
12/06/04 65.72
01/06/05 70.33
02/07/05 70.03
03/07/05 69.36
04/06/05 80.42
05/06/05 79.90
06/06/05 79.84
07/06/05 79.49
FORWARD $ 1,613.93 $ 29,261.95
- 60 -
PRINCIPAL RECEIPTS
Assets Received from Elmer L. Ritter Trust
Real Estate
1/6 Interest 22 Acres Mountain Land in
Silver Spring and Middlesex Twp. $ 1,533.34
Common Stocks
241 Shs. Holder International Inc. 60.38
20 Shs. Pine Brook Corporation 18,922.40
$ 20,516.12
Final Distribution 2,147.58
Partial Distribution 150,000.00
Partial Distribution 100,000.00
Partial Distribution 100,000.00
Principal as per First and Final
Schedule of Distribution 83,014.34
S 455,678.04
SUBSEQUENT RECEIPTS
10/25/90 Refund of Lost Check from Elmer Ritter
Trust payable to Florida Department of
Revenue 265.84
01/04/91 Received from Julia G. Ritter Trust -
Partial Distribution 100,000.00
04/01/91 1 Shs. Pine Brook Corporation - Received
from Julia G. Ritter Estate: Certificate
#28 for 1 share 946.12
12/10/91 Received from Julia G. Ritter Trust -
Principal Distribution as per First and
Final Account confirmed by Court on
November 26, 1991 54,610.35
TOTAL PRINCIPAL RECEIPTS $ 611,500.35
- 3 -
DISBURSEMENTS OF INCOME (cont'd)
FORWARD
Dauphin Deposit Bank and Trust Company -
Trustee's Fee (cont'd)
09/10/91.
10/08/91.
11/08/91.
12/10/91.
Oi/08/92
02/10/92
03/10/92
04/08/92
05/08/92
06/09/92
07/06/92
08/04/92
09/04/92
10/06/92
11/04/92
12/04/92
01/05/93
02/04/93
03/04/93
04/06/93
05/04/93
06/04/93
07/04/93
08/04/93
09/07/93
10/05/93
11/04/93
12/06/93
01/04/94
02/04/94
03/04/94
04/05/94
05/04/94
06/06/94
07/06/94
08/04/94
09/07/94
10/04/94
11/04/94
12/06/94
FORWARD
$ 5,677.32 $
260.50
244.87
249.56
242.36
297.11
292.99
275.91
291.12
281.35
291.08
284.73
169.17
418.89
289.78
294.12
281.55
168.95
412.83
270.21
174.79
287.16
404.91
167.59
287.25
408.30
170.67
447.03
324.46
209.11
425.94
307.41
204.93
406.28
301.89
196.86
399.86
296.43
193.50
381.93
281.63
3,475.35
$ 17,272.33 $ 3,475.35
- 58 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd)
FORWARD
12/02/94 11 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 109.52
Acquisition Value 110.02
10/03/95 549 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 5,729.76
Acquisition Value 5,491.81
11/02/95 33 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 346.70
Acquisition Value 330.11
12/04/95 765 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 8,101.10
Acquisition Value 7,652.53
04/01/96 34,322 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 356,211.43
Acquisition Value 343,672.60
04/07/99 101.523 Shs. ARK Fds US Government Bond
Portfolio
Net Proceeds 1,000.00
Acquisition Value 1,015.23
11/08/99 52.356 Shs. ARK Fds US Government Bond
Portfolio
Net Proceeds 500.00
Acquisition Value 523.56
02/16/00 106.952 Shs. ARK Fds US Government Bond
Portfolio
Net Proceeds 1,000.00
Acquisition Value 1,009.52
GAIN LOSS
S 2,011.33 $ 1,305.34
50
237.95
16.59
448.57
12,538.83
15.23
23.56
69.52
FORWARD $
15,253.27 $ 1,414.15
- 5 -
DISBURSEMENTS OF INCOME
A1lfirst- Trust Company of Pennsylvania,
rdA - Trustee Fee
07/06/99
08/05/99
09/07/99
10/05/99
11/05/99
12/06/99
01/05/0()
02/07/0()
03/06/0()
04/05/0()
05/05/0()
06/05/0()
07/05/0()
08/07/0()
09/05/00
10/05/00
11/06/00
12/05/00
01/05/0:1
02/05/0:1
03/05/01
04/05/01
05/07/01
06/05/01
07/05/01
08/06/01
09/05/01
10/05/01
11/05/01
12/05/01
01/07/02
02/05/02
03/05/02
04/05/02
05/06/02
06/05/02
07/05/02
08/05/02
09/05/02
10/07/02
il/05/02
12/05/02
01/06/03
FORWARD
69.23
68.88
68.90
68.70
68.89
68.79
68.48
68.35
68.63
68.90
67.87
68.06
68.21
68.38
68.56
68.43
68.49
68.92
69.57
69.57
69.59
69.74
69.48
69.38
69.23
69.92
69.93
69.94
70.09
69.78
69.22
69.29
68.93
68.68
68.83
68.91
69.09
71.21
70.69
70.37
69.71
69.22
68.94
$ 2,973.98
- 56 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd)
GAIN LOSS
FORWARD $ 15,435.78 $ 3,124.57
07/31/02 248.756 Shs. ARK Fds Intermediate Fixed
Income Portfolio
Net Proceeds 2,5C0.00
Acquisition Value 2,522.36 22.36
07/31/02 253.036 Shs. ARK Fds Short Term Bond
Portfolio
Net Proceeds 2,500.00
Acquisition Value 2,555.66 55.66
07/31/02 252.27 Shs. ARK Fds US Government Bond
Portfolio
Net Proceeds 2,500.00
Acquisition Value 2,522.70 22.70
02/04/03 478.927 Shs. ARK Fds Income Portfolio
Net Proceeds 5,000.00
Acquisition Value 4,913.61 86.39
02/04/03 482.625 Shs. ARK Fds Intermediate Fixed
Income Portfolio
Net Proceeds 5,000.00
Acquisition Value 4,893.77 106.23
02/04/03 501.505 Shs. ARK Fds Short Term Bond
Portfolio
Net Proceeds 5,000.00
Acquisition Value 5,065.20 65.20
02/04/03 496.524 Shs. ARK Fds US Government Bond
Portfolio
Net Proceeds 5,000.00
Acquisition Value 4,965.24 34.76
11/21/03 Long Term Capital Ga ins Distribution on
MTB US Government Bond Inst I Fund #822
Net Proceeds 10.68
Acquisition Value .00 10.68
FORWARD $ 15,673.84 $ 3,290.49
- 7 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 6,880.97 S 345,509.1E
MTB US Government Bond Inst I Fund #822
(cont'd)
02/01/06 Dividend 5,552.0554 Shs. 166.47
03/01/06 Dividend 5,552.0554 Shs. 176.45
04/03/06 Dividend 5,552.0554 Shs. 185.48
05/01/06 Dividend 5,552.0554 Shs. 183.88
06/01/06 Dividend 5,552.0554 Shs. 179.50
07/03/06 Dividend 5,552.0554 Shs. 184.31
08/01/06 Dividend 5,552.0554 Shs. 188.04
09/01/06 Dividend 5,552.0554 Shs. 187.20
:LO/02/06 Dividend 5,552.0554 Shs. 187.86
:11/01/06 Dividend 5,552.0554 Shs. 185.94
:12/01/06 Dividend 5,552.0554 Shs. 180.63
()1/02/07 Dividend 5,552.0554 Shs. 176.80
02/01/07 Dividend 5,552.0554 Shs. 182.50
03/01/07 Dividend 5,552.0554 Shs. 187.45
04/02/07 Dividend 5,552.0554 Shs. 186.42
05/01/07 Dividend 5,552.0554 Shs. 189.89
06/01/07 Dividend 5,552.0554 Shs. 183.51
07/02/07 Dividend 5,552.0554 Shs. 183.96
08/01/07 Dividend 5,552.0554 Shs. 191.60
09/04/07 Dividend 5,552.0554 Shs. 189.14
10/01/07 Dividend 5,552.0554 Shs. 186.45
11/01/07 Dividend 5,552.0554 Shs. 161.07 10,905.52
Received from Elmer L. Ritter Trust
07/21/89 Additional Interest earned on 100,000
Transfer from E.L. Ritter Trust for 3
Days $ 75.50
08/31/90 Income Distribution as per First and
Final Schedule of Distribution 14,126.89
10/19/90 Final Income Distribution 2,461.50
10/25/90 Interest due from Lost Check payable to
Florida Department of Revenue 74.48 16,738.37
Received from Julia G. Ritter Trust
12/10/91 Income Distribution as per First and
Final Account confirmed by court on
November 26, 1991 $ 23,551.14
01/29/92 Balance of Income from the Trust 834.11 24,385.25
FORWARD $ 397,538.30
- 54 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd)
GAIN LOSS
FORWARD $ 18,776.42 $ 3,491.09
01/04/05 635 Shs. MTB Short Term Corporation
Bd-Inst I-#518
Net Proceeds 6,254.75
Acquisition Value 6,413.50 158.75
01/04/05 660 Shs. MTB US Government Bond Inst I
Fund #822
Net Proceeds 6,289.80
Acquisition Value 6,392.69 102.89
03/11/05 1,510.574 Shs. MTB Income-Inst I Fund
#143
Net Proceeds 15,000.00
Acquisition Value 15,489.66 489.66
03/11/05 1,504.513 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
Net Proceeds 15,000.00
Acquisition Value 15,257.93 257.93
03/11/05 1,532.175 Shs. MTB Short Term
Corporation Bd-Inst I-#518
Net Proceeds 15,000.00
Acquisition Value 15,474.97 474.97
03/11/05 1,594.049 Shs. MTB US Government Bond
Inst I Fund #822
Net Proceeds 15,000.00
Acquisition Value 15,439.79 439.79
11/29/05 Long Term Capital Gains Distribution on
MTB Income-Inst I Fund #143
Net Proceeds 171.10
Acquisition Value .00 171.10
12/16/05 Long Term Capital Gains Distribution on
CRM Mid Cap Value Fd-Instl #32
Net Proceeds 123.15
Acquisition Value .00 123.15
FORWARD $ 19,070.67 $ 5,415.08
- 9 -
RECEIPTS OF INCOME (cont'd)
FORWARD
S 338,581.7C
MTB Short Term Corporation Bd-Inst
I-#518
09/03/03 Dividend 7,755.838 Shs. $ 38.92
10/01/03 Dividend 7,755.838 Shs. 188.06
11/03/03 Dividend 7,755.838 Shs. 161.14
12/01/03 Dividend 7,755.838 Shs. 138.58
01/02/04 Dividend 7,755.838 Shs. 128.36
02/02/04 Dividend 7,755.838 Shs. 129.38
03/01/04 Dividend 7,755.838 Shs. 135.68
04/01/04 Dividend 7,755.838 Shs. 128.95
05/03/04 Dividend 7,755.838 Shs. 134.66
06/01/04 Dividend 7,755.838 Shs. 133.14
07/01/04 Dividend 7,755.838 Shs. 142.66
08/02/04 Dividend 7,755.838 Shs. 150.07
09/01/04 Dividend 7,755.838 Shs. 146.12
10/01/04 Dividend 7,755.838 Shs. 147.43
11/01/04 Dividend 7,755.838 Shs. 152.77
12/01/04 Dividend 7,755.838 Shs. 154.89
01/03/05 Dividend 7,755.838 Shs. 174.99
02/01/05 Dividend 7,120.838 Shs. 145.56
03/01/05 Dividend 7,120.838 Shs. 146.47
04/01/05 Dividend 5,588.663 Shs. 122.74
05/02/05 Dividend 5,588.663 Shs. 117.83
06/01/05 Dividend 5,588.663 Shs. 116.18
07/01/05 Dividend 5,588.663 Shs. 126.67
08/01/05 Dividend 5,588.663 Shs. 129.71
09/01/05 Dividend 5,588.663 Shs. 132.33
10/03/05 Dividend 5,588.663 Shs. 138.54
:11/01/05 Dividend 5,588.663 Shs. 137.55
12/01/05 Dividend 5,588.663 Shs. 141.74
01/03/06 Dividend 5,588.663 Shs. 147.12
02/01/06 Dividend 4,152.766 Shs. 141.20
03/01/06 Dividend 4,152.766 Shs. 115.89
04/03/06 Dividend 4,152.766 Shs. 117.13
05/01/06 Dividend 4,152.766 Shs. 118.70
06/01/06 Dividend 4,152.766 Shs. 119.46
07/03/06 Dividend 4,152.766 Shs. 126.09
08/01/06 Dividend 4,152.766 Shs. 126.47
09/01/06 Dividend 4,152.766 Shs. 134.27
:10/02/06 Dividend 4,152.766 Shs. 135.40
:11/01/06 Dividend 4,152.766 Shs. 135.53
:12/01/06 Dividend 4,152.766 Shs. 135.08
()1/02/07 Dividend 4,152.766 Shs. 135.84
()2/01/07 Dividend 4,152.766 Shs. 135.58
FORWARD $ 5,664.88 $ 338,581.70
- 52 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd)
FORWARD
12/20/06 Long Term Capital Gains Distribution on
Harbor International Fund #11
Net Proceeds 215.81
Acquisition Value .00
12/28/06 Long Term Capital Gains Distribution on
MTB Income-Inst I Fund #143
Net Proceeds 56.66
Acquisition Value .00
01/02/07 Long Term Capital Gains Distribution on
Loomis Sayles Small Cap Value Fund I
Net Proceeds 555.44
Acquisition Value .00
10/29/07 206.709 Shs. CRM Mid Cap Value Fd-Instl
#32
Net Proceeds 6,970.23
Acquisition Value 5,478.43
10/29/07 236.794 Shs. Loomis Sayles Small Cap
Value Fund I
Net Proceeds 6,857.55
Acquisition Value 6,134.11
10/29/07 98.85 Shs. Thompson Plumb Growth Fd
Net Proceeds 4,861.44
Acquisition Value 4,548.57
10/29/07 318.859 Shs. Vanguard Institutional
Index Fund #94
Net Proceeds 44,780.56
Acquisition Value 35,000.00
10/29/07 118.041 Shs. Harbor International Fund
#11
Net Proceeds 9,237.89
Acquisition Value 5,352.15
GAIN LOSS
$ 20,276.45 $ 6,355.09
215.81
56.66
555.44
1,491.80
723.44
312.87
9,780.56
3,885.74
FORWARD $
37,298.77 $ 6,355.09
- 11 -
RECEIPTS OF INCOME (cont'd)
FORWP.RD
MTB Income-Inst I Fu^.d #143
09/04/03 Dividend 7,716.695 Shs.
7.0/01/03 Dividend 7,716.695 Shs.
7.1/03/03 Dividend 7,716.695 Shs.
11/21/03 Short Term Capital Gains
]_2/Cl/03 Dividend 7,917.557 Shs.
01/02/04 Dividend 7,917.557 Shs.
02/02/04 Dividend 7,917.557 Shs.
03/01/04 Dividend 7,917.557 Shs.
04/01/04 Dividend 7,917.557 Shs.
05/03/04 Dividend 7,525.015 Shs.
06/01/04 Dividend 7,525.015 Shs.
07/01/04 Dividend 7,525.015 Shs.
08/02/04 Dividend 7,525.015 Shs.
09/01/04 Dividend 7,525.015 Shs.
:LO/01/04 Dividend 7,525.015 Shs.
:Ll/01/04 Dividend 7,525.015 Shs.
:Ll/30/04 Short Term Capital Gains
:L2/Ol/04 Dividend 7,601.922 Shs.
()1/03/05 Dividend 7,601.922 Shs.
()2/01/05 Dividend 6,976.922 Shs.
03/01/05 Dividend 6,976.922 Shs.
04/01/05 Dividend 5,466.348 Shs.
05/02/05 Dividend 5,466.348 Shs.
06/01/05 Dividend 5,466.348 Shs.
07/O1/C5 Dividend 5,466.348 Shs.
08/01/05 Dividend 5,466.348 Shs.
09/01/05 Dividend 5,466.348 Shs.
10/04/05 Dividend 5,466.348 Shs.
11/01/05 Dividend 5,466.348 Shs.
12/01/05 Dividend 5,483.897 Shs.
01/03/06 Dividend 5,483.897 Shs.
02/01/06 Dividend 4,970.022 Shs.
03/01/06 Dividend 4,970.022 Shs.
04/03/06 Dividend 4,970.022 Shs.
05/01/06 Dividend 4,970.022 Shs.
06/01/06 Dividend 4,970.022 Shs.
07/03/06 Dividend 4,970.022 Shs.
08/01/06 Dividend 4,970.022 Shs.
09/01/06 Dividend 4,970.022 Shs.
10/02/06 Dividend 4,970.022 Shs.
11/01/06 Dividend 4,970.022 Shs.
12/01/06 Dividend 4,970.022 Shs.
01/02/07 Dividend 4,975.863 Shs.
Distribution
311,283.80
49.99
241.14
283.18
446.80
271.15
264.26
248.98
261.52
272.57
263.67
237.08
249.37
252.08
243.09
228.90
227.72
156.52
243.00
275.63
251.85
213.19
191.16
196.84
214.89
200.72
181.69
177.96
182.20
171.30
181.50
165.61
162.30
161.84
181.29
190.97
186.49
195.65
193.92
189.57
189.28
188.30
183.10
189.20
FORWARD
Distribution
$ 9,257.47 $ 311,283.80
- 48 -
DISBURSEMENTS OF PRINCIPAL
FIDUCIARY FEES
A1lfirst Trust Company of Pennsylvania
NA - Trustee Fee
07/06/99
08/05/99
09/07/99
10/06/99
11/05/99
12/06/99
01/05/00
02/07/00
03/06/00
04/05/00
05/05/CO
06/05/00
07/05/00
O8/07/00
09/05/00
10/05! `0
11/061_-0
12/05/00
01/05/01
02/05/01
03/05/01
04/05/01
05/07/01
06/05/01
07/05/01
03/06/01
09/05/01
10/05/01
11/05/01
12/05/01
01/07/02
02/05/02
03/05/02
04/05/02
05/06/02
06/05/02
07/05/02
08/05/02
09/05/02
10/07/02
11/05/02
12/05/02
01/06/03
02/05/03
s
128.58
127.91
127.95
127.59
127.93
127.75
127.17
126.94
127.45
127.95
126.05
126.39
126.68
127.00
127.34
127.08
127.19
128.00
129.19
129.19
129.25
129.52
129.03
128.86
128.58
129.84
129.88
129.88
130.18
129.60
128.55
128.68
128.01
127.56
127.83
127.99
128.31
132.24
131.28
130.70
129.46
128.56
128.03
135.12
FORWARD $
- 13 -
5,658.27
RECEIPTS OF INCOME (oont'd)
FORWARD $ 85,750.33 S 115,191.40
Fixed Income Collective Investment Fund
_(cont'd)
12/02/93 Dividend 36,604 Shs. 2,173.83
01/05/94 Dividend 35,601 Shs. 2,140.07
02/03/94 Dividend 35,601 Shs. 2,162.07
03/02/94 Dividend 35,601 Shs. 2,027.31
04/05/94 Dividend 35,601 Shs. 2,111.91
05/03/94 Dividend 35,601 Shs. 2,030.64
06/03/94 Dividend 35,601 Shs. 2,074.92
07/05/94 Dividend 35,581 Shs. 2,019.72
08/03/94 Dividend 35,581 Shs. 2,020.13
09/02/94 Dividend 35,581 Shs. 1,984.95
]_0/04/94 Dividend 34,999 Shs. 1,910.96
11/03/94 Dividend 34,999 Shs. 1,930.15
]_2/02/94 Dividend 34,999 Shs. 1,872.24
01/04/95 Dividend 34,988 Shs. 1,914.56
02/02/95 Dividend 34,988 Shs. 2,012.93
03/02/95 Dividend 34,988 Shs. 2,045.36
04/04/95 Dividend 34,988 Shs. 2,151.45
05/02/95 Dividend 34,988 Shs. 2,118.45
06/02/95 Dividend 34,988 Shs. 2,128.98
07/05/95 Dividend 34,988 Shs. 2,043.47
08/02/95 Dividend 34,988 Shs. 2,083.76
09/05/95 Dividend 35,159 Shs. 2,078.82
]_0/03/95 Dividend 35,159 Shs. 1,995.64
7.1/02/95 Dividend 34,610 Shs. 2,007.97
7.2/04/95 Dividend 34,577 Shs. 1,969.24
01/03/96 Dividend 33,812 Shs. 1,979.16
02/02/96 Dividend 33,812 Shs. 1,978.41
03/04/96 Dividend 34,322 Shs. 1,920.38
04/01/96 Dividend 34,322 Shs. 2,078.92 144,716.73
F[arbor International Fund #11
1.2/21/05 Dividend 111.707 Shs. $ 115.13
1.2/20/06 Dividend 114.505 Shs. 167.28 282.41
Internal Revenue Service
E'ederal Fiduciary Income Tax
06/30/95 1994 Refund 24.18
FORWARD $ 260,214.72
- 46 -
DISBURSEMENTS OF PRINCIPAL (cont'd)
FIDUCIP,RY FEES (cont'd)
Manufac_t_urers & Traders Trust Companv -
Trustee Fee (cont'd)
10/06/05
li/07/05
"_2/06/05
01/06/06
02/06/06
03/06/06
04/06/06
04/12/06
05/08/06
0'0/06/06
07/06/06
08/07/06
09/06/06
10/06/06
11/06/06
12/06/06
01/08/0'7
02/06/0'7
03/06/07
04/06/0'7
04/11/0'7
05/07/0'7
06/06/0'7
07/06/0"7
68/06/07
09/06/0`7
10/09/07
11/06/07
12/06/07
Ol/07/OE3
02/06/OE3
FEDERAL STATE & LOCAL TAXES
Internal,
Federal
04/06/90
09/07/90
12/27/90
06/10/91
03/24/92
Revenue Service
Eiduciary Income Tax
1989 Balance due
3rd Quarter Estimated
4th Quarter Estimated
1990 Refund
1991 Balance due
FORWARD $ 3,290.85 $ 6,842.22
144.51
143.77
182.96
183.01
190.67
190.21
189.96
275.00
188.90
186.66
184.76
184.46
184.68
184.94
184.18
185.28
183.89
183.40
180.85
181.92
275.00
182.40
181.73
180.53
177.00
177.35
179.00
232.21
232.51
232.82
233.10 9,287.91 $
$ 7,349.00
3,675.00
3,675.00
-7,308.55
66.95
FORWARD $ 7,457.40
16,130.13
$ 16,130.13
- 15 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 22,354.85 $ 92,566.07
C:apital Reserve Account
(cont'd)
08/01/96 Interest 1.12
09/03/96 Interest 2.3g
]_0/02/96 Interest 1.40
7.1/05/96 Interest 1.88
].2/04/96 Interest 2.00
01/06/97 Interest 1.73
02/03/97 Interest 1.92
03/04/97 Interest 2.gg
04/03/97 Interest 0.98
05/05/97 Interest 0.86
06/05/97 Interest 1.64
07/03/97 Interest 1.14
08/01/97 Interest 0.84
09/03/97 Interest 1.72
].0/02/97 Interest 1.65
].1/03/97 Interest 1.92
]_2/02/97 Interest 1.25
].2/31/97 Interest 1.74
02/02/98 Interest 2.60
03/02/98 Interest 1.51
04/02/98 Interest 2.96
05/01/98 Interest 1.79
06/01/98 Interest 1.32
07/01/98 Interest 1.87 22,396.05
C:RM Mid Cab Value Fd-Instl
].2/16/05 Dividend 190.186 Shs. $ 43.76
].2/16/05 Short Term Capital Gains Distribution 29.63
12/19/06 Dividend 195.822 Shs. 38.36
].2/19/06 Short Term Capital Gains Distribution 117.53 229.28
E?ixed Income Collective Investment Fund
10/04/89 Dividend 8,672 Shs. $ 572.92
7.1/03/89 Dividend 8,672 Shs. 621.29
]_2/05/89 Dividend 8,672 Shs. 600.80
01/05/90 Dividend 8,672 Shs. 549.03
02/05/90 Dividend 8,672 Shs. 583.67
03/05/90 Dividend 8,672 Shs. 555.74
04/03/90 Dividend 8,672 Shs. 594.60
05/04/90 Dividend 8,672 Shs. 577.17
FORWARD $ 4,655.22 $ 115,191.40
- 44 -
DISBURSEMENTS OF PRINCIPAL (cont'd)
FORWARD
GENERAL DISBURSEMEDITS
Julia G. Ritter Estate
01/29/92 Insurance Premium Refund
J & M Asset Management
02/19/02 Administrative Review Fee for Pine Brook
Corporation
12/19/02 Administrative Review Fee for Pine Brook
Corporation
Marsh &_McLennan. Inc.
05/26/93 Insurance Premium on 1/6th Interest 22
Acres Mountain Land in Silver Spring &
Middlesex Township
ADMINIS'PRATION - MISC. EXPENSES
RESERVES:
Manufacturers and Traders Trust Company
- Termination Fee
Cumberland County Register of Wills -
Filing Receipts
TOTAL DISBURSEMENTS OF PRINCIPAL
-16.25
$ 125.00
125.00
250.00
3.00
$ 2,625.00
50.00 2,675.00
28,113.20
236.75
2,675.00
S 31,024.95
- 17 -
RECEIPTS OF INCOME (oont'd)
Capital Reserve Account
07/07/89 Interest
08/03/89 Interest
09/07/89 Interest
7.0/04/89 Interest
7.1/06/89 Interest
7.2/06/89 Interest
01/08/90 Interest
02/05/90 Interest
03/08/90 Interest
04/04/90 Interest
05/02/90 Interest
06/04/90 Interest
07/03/90 Interest
08/03/90 Interest
09/05/90 Interest
__0/05/90 Interest
:'_1/05/90 Interest
:'.2/04/90 Interest
01/03/91 Interest
02/04/91 Interest
03/04/91 Interest
04/02/91 Interest
05/01/91 Interest
06/04/91 Interest
07/01/91 Interest
08/01/91 Interest
09/03/91 Interest
.LO/01/91 Interest
:L1/01/91 Interest
:L2/02/91 Interest
01/02/92 Interest
02/04/92 Interest
03/02/92 Interest
04/01/92 Interest
05/01/92 Interest
06/01/92 Interest
07/01/92 Interest
08/03/92 Interest
09/01/92 Interest
:10/01/92 Interest
:11/02/92 Interest
:12/01/92 Interest
01/04/93 Interest
FORWARD
FORWARD
414.67
1,868.78
1,790.44
1,204.23
1,195.67
1,093.65
784.94
813.54
674.24
718.97
983.61
1,216.22
981.02
1,052.26
959.93
547.72
676.13
469.91
280.92
565.88
546.20
530.56
562.36
384.20
239.94
273.03
245.84
211.29
152.39
136.61
350.00
209.14
46.27
17.81
14.46
12.90
14.05
2.75
0.72
0.99
1.28
0.94
1.08
$ 22,247.54 $
92,566.07
92,566.07
- 42 -
DISTRIBUTIONS_ OF PRINCIPAL TO BENEFICIARIES (cont'd)
FORWARD $ 247,870.62
Joan Ritter Hurgeton (cont'd
01/02;'03 Discretionary Distribution 1,250.00
02/03iv^3 Discretionary Distribution 1,250.00
03/03/03 Discretionary Distribution 1,250.00
04/01/03 Discretionary Distribution 1,250.00
05/01/03 Discretionary Distribution 1,250.00
06/02/03 Discretionary Distribution 1,250.00
07/01/03 Discretionary Distribution 1,250.00
08/01/03 Discretionary Distribution 1,250.00
09/02/03 Discretionary Distribution 1,250.00
10/01/03 Discretionary Distribution 1,250.00
11/03/03 Discretionary Distribution 1,250.00
12/01/03 Discretionary Distribution 1,250.00
01/02/04 Discretionary Distribution 1 250.00
02/02/04 Discretionary Distribution 1,250.00
()3/01/04 Discretionary Distribution 1,250.00
()4/01/04 Discretionary Distribution 1,250.00
05/03/04 Discretionary Distribution 1,250.00
06/01/04 Discretionary Distribution ~ 1,250.00
07/01/04 Discretionary Distribution 1,250.00
08/02/04 Discretionary Distribution 1,250.00
09/01/04 Discretionary Distribution 1,250.00
:'.0/01/04 Discretionary Distribution 1,250.00
it/01/04 Discretionary Distribution 1 250.00
]_2/01/04 Discretionary Distribution 1,250.00
01/03/05 Discretionary Distribution 1 250.00
02/01/05 Discretionary Distribution 1 250.00
03/01/05 Discretionary Distribution 1,500.00
04/01/05 Discretionary Distribution 1,500.00
05/02/05 Discretionary Distribution 1,500.00
C16/01/05 Discretionary Distribution 1 500.00
07/01/05 Discretionary Distribution 1,500.00
08/01/05 Discretionary Distribution 1,500.00
09/01/05 Discretionary Distribution 1 500.00
1.0/03/05 Discretionary Distribution 1 500.00
1.1/01/05 Discretionary Distribution 1 500.00
,
1.2/01/05 Discretionary Distribution 1
500.00
01/03/06 Discretionary Distribution 1 500.00
,
02/01/06 Discretionary Distribution 1
500.00
03/01/06 Discretionary Distribution 1 500.00
04/03/06 Discretionary Distribution 1 500.00
05/01/06 Discretionary Distribution 1 500.00
06/01/06 Discretionary Distribution 1 500.00
07/03/06 Discretionary Distribution 1 500.00
'
FORWARD S 305,870.62
- 19 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 68,382.77 $ 19,189.19
B.RK Fds US Government Bond Portfolio
_(cont'd)
05/01/02 Dividend 8,702.939 Shs. 354.26
06/03/02 Dividend 8,702.939 Shs. 359.03
07/01/02 Dividend 8,702.939 Shs. 350.64
08/01/02 Dividend 8,450.669 Shs. 332.04
09/03/02 Dividend 8,450.669 Shs. 318.40
10/01/02 Dividend 8,450.669 Shs. 309.82
11/01/02 Dividend 8,450.669 Shs. 315.05
12/02/02 Dividend 8,450.669 Shs. 288,38
01/02/03 Dividend 8,450.669 Shs. 271.56
02/03/03 Dividend 8,450.669 Shs. 264.79
03/03/03 Dividend 7,954.145 Shs. 235.01
04/01/03 Dividend 7,954.145 Shs. 247.59
05/01/03 Dividend 7,954.145 Shs. 238.71
06/02/03 Dividend 7,954.145 Shs. 239.41
07/01/03 Dividend 7,954.145 Shs. 204.85
08/01/03 Dividend 7,954.145 Shs. 197.02
08/13/03 Short Term Capital Gains Distribution 59.42
09/04/03 Dividend 7,960.129 Shs. 120.64 73,089.39
ARK Monev Market Portfolio
08/03/98 Interest $ 1.92
09/01/98 Interest 1.46
10/01/98 Interest 1.80
11/02/98 Interest 2,26
12/01/98 Interest 1.44
01/04/99 Interest 1.63
02/01/99 Interest 1.20
03/01/99 Interest 1.55
04/01/99 Interest 1.39
05/03/99 Interest 3.98
06/01/99 Interest 4.26
07/01/99 Interest 4.01
08/02/99 Interest 3.93
09/01/99 Interest 3.01
10/01/99 Interest 2.67
11/01/99 Interest 1.91
12/01/99 Interest 3.36
01/03/00 Interest 3.45
02/01/00 Interest 2.34
03/01/00 Interest 4.45
04/03/00 Interest 6.55
FORWARD $ 58.57 $ 92,278.58
- 40 -
PRINCIPAL BALANCE ON HAND
FIDUCIARY
VALUE AT ACQUISITION
_ 63/07/2008 VALUE
Common Stocks
21 Shs. Pine Brook Corporation
$ 32,298.00 $ 19,868.52
$ 32,298.00 $ 19,868.52
CASH (AUTOMATICALLY INVESTED)
TOTAL PRINCIPAL BALANCE ON HAND
225,809.71 225,809.71
$ 258,107.71 $ 245,678.23
THE ABOVE CASH IS CURRENTLY INVESTED IN
MTB Money Market-Inst I-Fund #420
- 21 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 5,635.18 $
PARK Fds Intermediate Fixed Income
Portfolio
__( cent' d)
C5/O1/03 Dividend 7,799.956 Shs. 269.22
06/02/03 Dividend 7,799.956 Shs. 259.59
07/01/03 Dividend 7,799.956 Shs. 227,22
08/01/03 Dividend 7,799.956 Shs. 219.82
09/04/03 Dividend 7,799.956 Shs. 120.22
A.RK Fds Short Term Bond Portfolio
11/01/01 Dividend 8,561.089 Shs. $ 321.76
12/03/01 Dividend 8,561.089 Shs. 313.32
01/02/02 Dividend 8,561.089 Shs. 310.34
02/01/02 Dividend 8,561.089 Shs. 286.81
03/01/02 Dividend 8,561.089 Shs. 241.35
04/01/02 Dividend 8,561.089 Shs. 271.20
05/01/02 Dividend 8,561.089 Shs. 281.44
06/03/02 Dividend 8,561.089 Shs. 296.41
07/01/02 Dividend 8,561.089 Shs. 289.06
08/01/02 Dividend 8,257.343 Shs. 257.30
09/03/02 Dividend 8,257.343 Shs. 252.33
10/01/02 Dividend 8,257.343 Shs. 232.46
11/01/02 Dividend 8,257.343 Shs. 240.89
12/02/02 Dividend 8,257.343 Shs. 222.00
01/02/03 Dividend 8,257.343 Shs. 225.94
02/03/03 Dividend 8,257.343 Shs. 224.45
03/03/03 Dividend 7,755.838 Shs. 181.29
04/01/03 Dividend 7,755.838 Shs. 214.68
05/01/03 Dividend 7,755.838 Shs. 207.90
06/02/03 Dividend 7,755.838 Shs. 206.06
07/01/03 Dividend 7,755.838 Shs. 173.32
08/01/03 Dividend 7,755.838 Shs. 168.35
09/03/03 Dividend 7,755.838 Shs. 131.13
ARK Fds US Government Bond Portfolio
6,908.15
6,731.25
5,549.79
04/06/98 Dividend 35,621.143 Shs. $ 517.63
05/04/98 Dividend 35,621.143 Shs. 1,727.45
06/01/98 Dividend 35,621.143 Shs. 1,775.06
0'7/01/98 Dividend 35,621.143 Shs. 1,721.76
0'8/03/98 Dividend 35,621.143 Shs. 1,765.50
09/01/98 Dividend 35,621.143 Shs. 1,584.46
10/01/98 Dividend 35,621.143 Shs. 1,525.20
FORWARD
$ 10,617.06 $
19,189.19
- 38 -
PRINCIPAL INVESTMENTS MADE (cont'd)
FORWARD $ 737,581.80
10/03/01 8,561.089 Shs. ARK Fds Short Term Bond
Portfolio 86,467.00
10/03/01 8,527.219 Shs. P.RK Fds Intermediate
Fixed Income Portfo lio 86,466.00
10/03/01 8,427.583 Shs. ARK Fds Income Portfolio 86,467.00
12/11/01 14.102 Shs. ARK Fds Income Portfolio 141.58
12/11/01 4.118 Shs. ARK Fds Intermediate Fixed
Income Portfolio 40.93
08/13/03 5.984 Shs. ARK Fds US Government Bond
Portfolio 59.42
11/21/03 1.104 Shs. MTB US Government Bond Inst I
Fund #822 10.68
11/21/03 93.493 Shs. MTB Intermediate Term
Bond-Inst I Fund #220 960.17
11/21/03 200.862 Shs. MTB Income-Inst I Fund #143 2,038.75
11/30/04 76.907 Shs. MTB Income-Inst I Fund #143 768.30
03/11/05 135.305 Shs. Vanguard Institutional
Index Fund # 94 15,000.00
03/11J05 326.513 Shs. Thompson Plumb Growth Fd 15,000.00
03/11/05 190.186 Shs. CRM Mid Cap Value Fd-Instl
#32 5,000.00
03/11/05 193.125 Shs. Loomis Sayles Small Cap
Value Fund I 5,000.00
03/11/05 111.707 Shs. Harbor International Fund
#11 5,000.00
03/17/05 183.554 Shs. Vanguard Institutional
Index Fund # 94 20,000.00
11/29/05 17.549 Shs. MTB Income-Inst I Fund #143 171.10
FORWARD
$ 1,066,172.79
- 23 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
Vanguard Institutional Index Fund #94
03/11/05 135.305 Shs. Purchased
C13/17/05 183.554 Shs. Purchased
318.859 Shs.
1.0/29/07 318.859 Shs. Sold
0.0 Shs.
ACCOUNT
VALUE
s 15,000.00
20,000.00
$ 35,000.00
-35,000.00
$ 0.00
- 36 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOUNT
VALUE
ARK Fds Intermediate Fixed Income
Portfolio
:10/03/01 8,527.219 Shs. Purchased $
86,466.00
:12/11/01 4.118 Shs Reinvested Capital Gain
s 40
93
8,531.337 Shs. $ .
86,506.93
:'.2/11/01 Long Term Capital Gain Di
t
ib
s
r
ution 0
00
8,531.337 Shs. $ .
86,506.93
07/31/02 248.756 Shs. Sold
-2,522 36
8,282.581 Shs
. $ 83,984.57
C)2 /04/03 482.625 Shs. Sold
7,799.956
Shs -4,893.77
. $ 79,090.80
08/15/03 7,799.956 Shs. Delivered in merger due to
conversion to MTB Intermediate Term
Bond-Inst I Fund #220
-79,090 80
0.0 Shs. $ 0.00
MTB Intermediate Term Bond-Inst I Fund
#220
08/15/03 7,799.956 Shs. Received in merger due to
conversion of ARK Fds Intermediate
Fixed Income Portfolio at the rate
of 1 share for each share held $ 79,090.80
11/21/03 93.493 Shs. Reinvested Capital Gains
960.17
7,893.449 Shs. $ 80,050.97
11/21/03 Long Term Capital Gain Dist
ib
ti
r
u
on 0.00
7,893.449 Shs. $
80,050.97
04/05/04 391.007 Shs. Sold
-3,965 38
7,502.442 Shs. $ 7
6,085.59
01/04/05 620.0 Shs. Sold
_ -6,287 69
6,882.442 Shs
. $ 69,797.90
03/11/05 1,504.513 Shs Sold
-15 257.93
5,377.929 Shs. $ 54,539.97
- 27 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCO~N
VAL L' E
ARK Fds US Government Bond Portfolio (cont'd)
07/31/02 252.27 Shs. Sold $ -2 522 70
8,450.669 Shs. $ 84,506.69
02/04/03 496.524 Shs. Sold -4.965.24
7,954.145 Shs. $ 79,541.45
08/13/03 5.984 Shs. Purchased 59.42
7,960.129 Shs. $ 79,600.87
08/18/03 7,960.129 Shs. Delivered in merger due to
conversion to MTB US Government
Bond Inst I Fund #822 -79,600.87
0.0 Shs. $ 0.00
MTB US Government Bond Inst I Fund #822
08/18/03 8,218.2234 Shs. Received in merger due to
conversion of ARK Fds US Government
Bond Portfolio at the rate of
1.03242339 shares for each share
held $ 79,600.87
11/21/03 1.104 Shs. Reinvested Capital Gains 10.68
8,219.3274 Shs. $ 79,611.55
11/21/03 Long Term Capital Gain Distribution 0.00
8,219.3274 Shs. $ 79,611.55
04/05/04 413.223 Shs. Sold -4,002.43
7,806.1044 Shs. $ 75,609.12
01/04/05 660 Shs. Sold -6,392.69
7,146.1044 Shs. $ 69,216.43
03/11/05 __ 1,594.049 Shs. Sold -15,439.79
5,552.0554 Shs. $ 53,776.64
10/29/07 5,552.0554 Shs. Sold -53,776.64
0 Shs. $ 0.00
- 34 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOUNT
VALUE
MTB Short Term Corporation Bd-Inst
I-#518
08/22/03 7,755.838 Shs. Received in merger due to
conversion, of ARK Fds Short Term
Bond Portfolio at the rate of 1
share for each share held $ 78,333.97
01/04/05 635.0 Shs. Sold -6,413 50
7,120.838 Shs. $ 71,920.47
03/11/05 _ 1,532.175 Shs Sold _ -15,474 97
5,588.663 Shs. $ 56,445.50
01/30/06 _ 1,435.897 Shs. Sold -14,502 s6
4,152.766 Shs. $ 41,942.94
].0/29/07 4,152.766 Shs. Sold -41,942.94
0.0 Shs. $ 0.00
Cash
CRM Mid Cap Value Fd-Instl #32
03/11/05 190.186 Shs. Purchased $ 5,000.00
12/16/05 5.636 Shs. Reinvested Capital Gains 152.78
195.822 Shs. $ 5,152.78
12/16/05 Long Term Capital Gain Distribution 0.00
195.822 Shs. $ 5,152.78
12/19/06 10.887 Shs. Reinvested Capital Gains
325.65
206.709 Shs. $ 5,478.43
12/19/06 Long Term Capital Gain Distribution C.00
206.709 Shs. $ 5,478.43
10/29/07 206.709 Shs. Sold -5.478.43
0.0 Shs. $ 0.00
- 29 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOUNT
VALUE
Harbor International Fund #11
03/11/05 111.707 Shs. Purchased $ 5,000.00
:12/21/05 2.798 Shs. Reinvested Capital Gains 135.34
114.505 Shs. $ 5,136.34
:12/21/05 Long Term Capital Gain Distribution 0.00
114.505 Shs. $ 5,136.34
:L2/20/06 3.536 Shs. Reinvested Capital Gains 215.81
118.041 Shs. $ 5,352.15
12/20/06 Long Term Capital Gain Distribution 0.00
118.041 Shs. $ 5,352.15
10/29/07 118.041 Shs. Sold -5,352.15
0.0 Shs. $ 0.00
Holder International Inc.
241 Shs. Received $ 60.38
03/14/94 241 Shs. Delivered to Customer
-60.38
0 Shs. $ 0.00
Loomis Sayles Small Cap Value Fund I
03/11/05 193.125 Shs. Purchased $ 5,000.00
12/30/05 18.439 Shs. Reinvested Capital Gains 466.52
211.564 Shs. $ 5,466.52
12/30/05 Long Term Capital Gain Distribution 0.00
211.564 Shs. $ 5,466.52
01/02/07 25.23 Shs. Reinvested Capital Gains 667.59
236.794 Shs. $ 6,134.11
01/02/07 Long Term Capital Gain Distributi
on 0.00
236.794 Shs. $ 6,134.11
- 32 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
Fixed Income Collective Inves+ment Fund (cont'd)
11/03/93 541 Shs. Sold
36,604 Shs.
12/02/93 _ 1,003 Shs Sold
35,601 Shs.
06/03/94 20 Shs. Sold
35,581 Shs.
09/02/94 582 Shs. Sold
34,999 Shs.
1.2/02/94 11 Shs. Sold
34,988 Shs.
08/02/95 171 Shs. Purchased
35,159 Shs.
10/03/95 549 Shs Sold
34,610 Shs.
11/02/95 33 Shs. Sold
34,577 Shs.
12/04/95 765 Shs. Sold
33,812 Shs.
02/02/96 510 Shs. Purchased
34,322 Shs.
04/01/96 34,322 Shs Sold
0 Shs.
ACCOUNT
VALUE
5,410.75
$ 366,C90.84
-10,031 39
$ 356,059.45
-200.03
S 355,859.42
-5 820 81
S 350,038.61
-110.02
$ 349,928.59
1,777 49
$ 351,706.08
-5 491 81
$ 346,214.27
-330.11
S 345,884.16
-7 652 53
$ 338,231.63
5,440 97
$ 343,672.60
-343,672 60
$ 0.00
- 31 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
Fixed Income Collective Investment Fund
09/06/89 8,672 Shs. Purchased
05/04/90 2,635 Shs. Purchased
11,307 Shs.
06/05/90 2,591 Shs. Purchased
13,898 Shs.
11/05/90 3,085 Shs. Purchased
16,983 Shs.
1.2/05/90 _ 3,034 Shs. Purchased
20,017 Shs.
01/04/91 _ 3,010 Shs. Purchased
23,027 Shs.
05/02/91 2,993 Shs. Purchased
26,020 Shs.
06/04/91 2,997 Shs. Purchased
29,017 Shs.
Ol/C6/92 4,656 Shs. Purchased
33,673 Shs.
02/05/92 2,863 Shs. Purchased
36,536 Shs.
03/04/92 478 Shs. Purchased
37,014 Shs.
07/03/92 396 Shs. Purchased
37,410 Shs.
04/05/93 155 Shs. Sold
37,255 Shs.
06/03/93 92 Shs. Sold
37,163 Shs.
09/02/93 18 Shs. Sold
37,145 Shs.
ACCOUN'?'
VALUE
$ 84,998.95
24,995.76
$ 109,994.71
__ 24,998.69
$ 134,993.40
29,996.10
$ 164,989.50
29,993.67
$ 194,983.17
29,999.04
$ 224,982.21
29 995 52
$ 254,977.73
29,994.33
S 284,972.06
49,991.83
$ 334,963.89
29,999.57
$ 364,963.46
4,991.76
$ 369,955.22
4,196.75
$ 374,151.97
-1,550.22
$ 372,601.75
-920.13
$ 371,681.62
-180.03
$ 371,501.59
- 30 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOUNT
VALUE
Loomis Savles Small Cap Value Fund I (cont'd)
10/29/07 236.794 Shs. Sold
0.0
Shs $ -6 134 11
. $ O.OC
Marketvest Funds Inc. Intermediate US
Government Bond Fund #593
04/01/96 35,621.143 Shs. Purchased $
356,211.43
03/23/98 35,621.143 Shs. Exchanged for 35,621.143 shares ARK
Fds US Government Bond P
tf
l
or
o
io -356,211.43
0.0 Shs. $
0.00
ARK Fds US Government Bond Portfolio
03/23/98 35,621.143 Shs. Received in exchange of 35,621.143
shares Marketvest Funds
Intermediate US Government Bond
Fund #593 at the rate of 1 share
for each share held $ 356,211.43
C4/07/99 101.523 Shs. Sold
35,519.62
Shs -1,015 23
. $ 355,196.20
11/08/99 52.356 Shs. Sold
35,407.264
Shs -523 56
. $ 354,672.64
02/16/00 106.952 Shs. Sold
-1,069 52
35,360.312 Shs
. $ 353,603.12
11/07/00 106.045 Shs. Sold
_ -1,Oo0 45
35,254.267 Shs
. $ 352,542.67
07/09/01 153.846 Shs. Sold
-1 538 40
35,100.421 Shs
. $ 351,004.21
09/20/01 300.903 Shs. Sold
-3,009.03
34,799.518 Shs
. $ 347,995.18
10/02/01 26,096.579 Shs Sold
-260,965.79
8,702.939 Shs
. $ 87,029.39
- 33 -
CHANGES IN PRINCIPAL, HOLDINGS (cont'd)
MTB Intermediate Term Bond-Inst I Fund
#220 (cont'd)
01/30/06 509.684 Shs. Sold
4,868.245 Shs.
:10/29/07 4,868.245 Shs. Sold
0.0 Shs.
ARK Fds Short Term Bond Portfolio
.LO/03/01 8,561.089 Shs. Purchased
07/10/02 50.71 Shs. Sold
8,510.379 Shs.
07/31/02 253.036 Shs. Sold
8,257.343 Shs.
02/04/03 501.505 Shs. Sold
7,755.838 Shs.
08/22/03 7,755.838 Shs. Delivered in merger due to
conversion to MTB Short Term
Corporation Bd-Inst I-#518
0.0 Shs.
ACCOUNT
VALUE
$ -5,168.93
$ 49,371.C4
-49,371.04
$ 0.00
$ 86,467.00
-512.17
$ 85,954.83
-2,555.66
S 83,399.17
-5,065.20
$ 78,333.97
-78,333.97
$ 0.00
- 28 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOUNT
VALUE
Pine Brook Corp oration
20 Shs. Received $ 18,922.40
04/01/91 1 Shs. Received from Julia G. Ritter
Estate: Certificate #28 f
or 1 share 946 12
21 Shs. $ 19,868.52
Thompson Plumb Growth Fd
03/11/05 326.513 Shs. Purchased $
15,000.00
:12/19/05 8.154 Shs. Reinvested Capital Gain
s 364 71
334.667 Shs. $
15,364.71
"12/19/05 Long Term Capital Gain Di
t
ib
s
r
ution 0 00
334.667 Shs. $
15,364.71
01/30/06 238.974 Shs. Sold
95.693
Shs -10,971.40
. $ 4,393.31
12/18/06 3.157 Shs. Reinvested Capital Gain
s 155 26
98.85 Shs. $
4,548.57
1.2/18/06 Long Term Capital Gain Di
t
ib
s
r
ution 0
00
98.85 Shs. $ .
4,548.57
1.0/29/07 98.85 Shs. Sold
0.0
Shs -4,548.57
. $ 0.00
- 35 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOliNT
VALUE
MTB Income-Inst I Fund #143
08/22/03 7,716.695 Shs. Received in merger due to
conversion of ARK Fds Income
Portfolio at the rate of 1 share
for each share held $ 79,170.45
:Ll/21/03 200.862 Shs. Reinvested Capital Gains 2,038.75
7,917.557 Shs. $ 81,209.20
:L1/21/03 Long Term Capital Gain Distribution 0.00
7,917.557 Shs. $ 81,209.20
04/05/04 392.542 Shs. Sold -4,026.24
7,525.015 Shs. $ 77,182.96
]_1/30/04 76.907 Shs. Reinvested Capital Gains 768.30
7,601.922 Shs. $ 77,951.26
]_1/30/04 Long Term Capital Gain Distribution 0.00
7,601.922 Shs. $ 77,951.26
01/04/05 625.0 Shs. Sold _ -6,408.84
6,976.922 Shs. $ 71,542.42
03/11/05 1,510.574 Shs. Sold -15,489.66
5,466.348 Shs. $ 56,052.76
1.1/29/05 17.549 Shs. Reinvested Capital Gains 171.10
5,483.897 Shs. $ 56,223.86
11/29/05 Long Term Capital Gain Distribution 0.00
5,483.897 Shs. S 56,223.86
01/30/06 513.875 Shs. Sold -5,268.52
4,970.022 Shs. $ 50,955.34
12/28/06 5.841 Shs. Reinvested Capital Gains 56.66
4,975.863 Shs. $ 51,012.00
12/28/06 Long Term Capital Gain Distribution 0.00
4,975.863 Shs. $ 51,012.00
10/29/07 4,975.863 Shs. Sold _ -51,012.00
0.0 Shs. $ 0.00
- 26 -
RECEIPTS OF INCOME
ARK Fds Income Portfolio
1i/O1/01 Dividend 8,427.583
12/03/01 Dividend 8,427.583
01/02/02 Dividend 8,441.635
02/01/02 Dividend 8,441.685
03/01/02 Dividend 8,441.685
04/01/02 Dividend 8,441.685
05/01/02 Dividend 8,441.685
06/03/02 Dividend 8,441.685
07/01/02 Dividend 8,441.685
08/01/02 Dividend 8,195.622
()9/03/02 Dividend 8,195.622
:LO/01/02 Dividend 8,195.622
:L1/Ol/02 Dividend 8,195.622
:L2/02/02 Dividend 8,195.622
01/02/03 Dividend 8,195.622
02/03/03 Dividend 8,195.622
03/03/03 Dividend 7,716.695
04/01/03 Dividend 7,716.695
05/01/03 Dividend 7,716.695
06/02/03 Dividend 7,716.695
07/01/03 Dividend 7,716.695
O8/01/03 Dividend 7,716.695
09/04/03 Dividend 7,716.695
Si-:s• $ 357.49
sr.s. 370.78
Shs. 377.94
Shs. 373.56
Shs. 335.26
Shs. 352.19
Shs. 345.32
Shs. 343.12
Shs. 330.16
Shs. 300.94
Shs. 312.21
Shs. 298.29
Shs. 316.19
Shs. 278.39
Shs. 275.53
Shs. 277.96
Shs. 246.40
Shs. 269.60
Shs. 270.56
Shs. 267.06
Shs. 231.51
Shs. 214.96
Shs. 162.73 $
P,RK Fds Intermediate Fixed Income
Fortfolio
6,908.15
11/O1/O1 Dividend 8,527.219 Shs. $ 353.80
12/03/01 Dividend 8,527.219 Shs. 350.33
01/02/02 Dividend 8,531.337 Shs. 360.08
02/01/02 Dividend 8,531.337 Shs. 356.69
03/01/02 Dividend 8,531.337 Shs. 322.78
04/01/02 Dividend 8,531.337 Shs. 330.74
05/01/02 Dividend 8,531.337 Shs. 334.96
06/03/02 Dividend 8,531.337 Shs. 349.95
07/01/02 Dividend 8,531.337 Shs. 339.03
08/01/02 Dividend 8,282.581 Shs. 312.25
09/03/02 Dividend 8,282.581 Shs. 294.55
10/01/02 Dividend 8,282.581 Shs. 285.33
11/01/02 Dividend 8,282.581 Shs. 309.12
12/02/02 Dividend 8,282.581 Shs. 275.37
01/02/03 Dividend 8,282.581 Shs. 282.35
02/03/03 Dividend 8,282.581 Shs. 277.28
03/03/03 Dividend 7,799.956 Shs. 218.05
04/01/03 Dividend 7,799.956 Shs. 282 52
FORWARD
$ 5,635.18 $
6,908.15
- 37 -
PRINCIPAL INVESTMENTS MADE (cont'd)
FORWARD $ 1,066,172.79
12/16/05 5.636 Shs. CRM Mid Cap Value Fd-Instl
#32 152.78
12/19/05 8.154 Shs. Thompson Plumb Growth Fd 364.71
12/21/05 2.798 Shs. Harbor International Fund #11 136.34
12/30/05 18.439 Shs. Loomis Sayles Small Cap
Value Fund I 466.52
12/18/06 3.157 Shs. Thompson Plumb Growth Fd 155.26
12/19/06 10.887 Shs. CRM Mid Cap Value Fd-Instl
#32 325.65
12/20/06 3.536 Shs. Harbor International Fund #11 215.81
12/28/06 5.841 Shs. MTB Income-Inst I Fund #143 56.66
01/02/07 25.23 Shs. Loomis Sayles Small Cap Value
Fund I 667.59
TOTAL PRINCIPAL INVESTMENTS MADE
$ 1,068,714.11
- 24 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 1C, 617.06 $
ARK Fds US Government Bond Portfolio
_ (cont'd)
:11/02/98 Dividend 35,621.143 Shs• 1,570.52
:12/01/98 Dividend 35,621.143 Shs. 1,545.19
01/04/99 Dividend 35,621.143 Shs. 1,595.97
02/01/99 Dividend 35,621.143 Shs. 1,566.93
03/01/99 Dividend 35,621.143 Shs. 1,436.51
04/01/99 Dividend 35,621.143 Shs. 1,604.79
05/03/99 Dividend 35,519.62 Shs. 1,521.70
06/01/99 Dividend 35,519.62 Shs. 1,467.91
07/01/99 Dividend 35,519.62 Shs. 1,452.20
08/02/99 Dividend 35,519.62 Shs. 1,534.84
09/01/99 Dividend 35,519.62 Shs. 1,515.72
1.0/01/99 Dividend 35,519.62 Shs. 1,462.72
1.1/01/99 Dividend 35,519.62 Shs. 1,528.45
1.2/01/99 Dividend 35,467.264 Shs. 1,505.19
Ol/03/00 Dividend 35,467.264 Shs. 1,513.20
C2/Ol/00 Dividend 35,467.264 Shs. 1,531.76
03/01/00 Dividend 35,360.312 Shs. 1,484.62
04/03/00 Dividend 35,360.312 Shs. 1,569.68
05/01/00 Dividend 35,360.312 Shs. 1,579.10
06/01/00 Dividend 35,360.312 Shs. 1,602.33
07/03/00 Dividend 35,360.312 Shs. 1,519.02
08/01/00 Dividend 35,360.312 Shs. 1,590.76
09/01/00 Dividend 35,360.312 Shs. 1,598.27
10/02/00 Dividend 35,360.312 Shs. 1,577.58
11/01/00 Dividend 35,360.312 Shs. 1,593.79
12/01/00 Dividend 35,254.267 Shs. 1,554.84
01/02/01 Dividend 35,254.267 Shs. 1,561.06
02/01/01 Dividend 35,254.267 Shs. 1,589.23
03/01/01 Dividend 35,254.267 Shs. 1,499.13
04/02/01 Dividend 35,254.267 Shs. 1,602.01
05/01/01 Dividend 35,254.267 Shs. 1,568.74
Oo/O1/O1
' Dividend 35,254.267 Shs. 1,590.24
0
7/02/01 Dividend 35,254.267 Shs. 1,519.26
08/01/01 Dividend 35,100.421 Shs. 1,565.50
O:a/04/01 Dividend 35,100.421 Shs. 1,547.71
1()/Ol/Ol Dividend 34,799.518 Shs. 1,471.31
1:1/01/01 Dividend 8,702.939 S hs. 416.87
12/03/01 Dividend 8,702.939 S hs. 374.18
O:L/02/02 Dividend 8,702.939 S hs. 373.31
02/01/02 Dividend 8,702.939 S hs. 362.55
03/01/02 Dividend 8,702.939 S hs. 343.70
04/01/02 Dividend 8,702.939 S hs. 357.32
FOR WARD $ 68,382.77 $
19,189.19
19,189.19
- 39 -
PRINCIPAL INVESTMENTS MADE
09/06/89 8,672 Shs. Fixed Income Collective
Investment Fund
05/04/90 2,635 Shs. Fixed Income Collective
Investment Fund
06/05/90 2,591 Shs. Fixed Income Collective
Investment Fund
11/05/90 3,085 Shs. Fixed Income Collective
Investment Fund
12/05/90 3,034 Shs. Fixed Income Collective
Investment Fund
01/04/91 3,010 Shs. Fixed Income Collective
Investment Fund
05/02/91 2,993 Shs. Fixed Income Collective
Investment Fund
06/04/91 2,997 Shs. Fixed Income Collective
Investment Fund
01/06/92 4,656 Shs. Fixed Income Collective
Investment Fund
02/05/92 2,863 Shs. Fixed Income Collective
Investment Fund
03/04/92 478 Shs. Fixed Income Collective
Investment Fund
07/03/92 396 Shs. Fixed Income Collective
Investment Fund
08/02/95 171 Shs. Fixed Income Collective
Investment Fund
02/02/96 510 Shs. Fixed Income Collective
Investment Fund
04/01/96 35,621.143 Shs. Marketvest Funds Inc.
Intermediate US Government Bond Fund
#593
FORWARD
S 84,998.95
24,995.76
24,998.69
29,996.10
29,993.67
29,999.04
29,995.52
29,994.33
49,991.83
29,999.57
4,991.76
4,196.75
1,777.49
5,440.97
356,211.43
$ 737,581.86
- 22 -
RECEIPTS OF INCOME (cont'd)
FORWARD
F,RK Mor.ev Market Portfolio
_(cont'd)
$ 58.57 $
C5/O1/00 Interest 5.43
C6/Ol/00 Interest 5.66
07/03/00 Interest 5.71
C8/Ol/00 Interest 3.81
C9/O1/00 Interest 4.17
10/02/00 Interest 2 90
11/01/00 Interest 2 27
12/01/00 Interest 6.32
01/02/01 Interest 6.29
02/01/01 Interest 5.45
03/01/01 Interest 4.90
04/02/01 Interest 4.07
05/01/01 Interest 2 77
06/01/01 Interest 2.31
07/02/01 Interest 1.53
OS/O1/O1 Interest 4.38
09/04/01 Interest 5 22
10/01/01 Interest 4.03
11/O1/Ol Interest 23.43
12/03/01 Interest 3.09
01/02/02 Interest 2.08
02/01/02 Interest 1.92
03/01/02 Interest 1.51
04/01/02 Interest 1.08
05/01/02 Interest 1.08
06/03/02 Interest 0.84
07/01/02 Interest 0.40
08/01/02 Interest 1 27
09/03/02 Interest 11.15
10/01/02 Interest 8.41
1:1/01/02 Interest 6.83
12/02/02 Interest 4 29
0:1/02/03 Interest 2.64
0:?/03/03 Interest 1.01
03/03/03 Interest 14.29
04/01/03 Interest 16.10
05/01/03 Interest 14.03
06/02/03 Interest 13.32
0'7/01/03 Interest 10.63
0£3/01/03 Interest 8 82
0£3/27/03 Interest 3.48
FORWARD
92,278.58
287.49
$ 92,566.07
- 41 -
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES (cont'd)
FORWARD
Joan Ritter Huraeton (cont'd)
08/01/06 Discretionary Distribution
09/01/06 Discretionary Distribution
10/02/06 Discretionary Distribution
11/01/06 Discretionary Distribution
:12/01/06 Discretionary Distribution
01/02/07 Discretionary Distribution
02/01/07 Discretionary Distribution
03/01/07 Discretionary Distribution
04/02/07 Discretionary Distribution
05/01/07 Discretionary Distribution
06/01/07 Discretionary Distribution
07/02/07 Discretionary Distribution
08/01/07 Discretionary Distribution
09/04/07 Discretionary Distribution
:10/01/07 Discretionary Distribution
David B. Huraeton, Jr.
:11/01/07 Advanced Distribution per Signed
Receipt, Release and Indemnification
Agreement
Joellyn R. Collier
:11/01/07 Advanced Distribution per Signed
Receipt, Release and Indemnification
Agreement
Janelle R. Swilley
:11/01/07 Advanced Distribution per Signed
Receipt, Release and Indemnification
Agreement
$ 305,870.62
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00
1,500.00 $
328,370.62
10,000.00
10,000.00
10,000.00
TOTAL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
$ 358,370.62
---------------
---------------
- 20 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 22,247.54 $ 92,566.07
Capital Reserve Account
(cont'd~
02/01/93 Interest 0.86
03/01/93 Interest 0.86
04/01/93 Interest 0.84
05/03/93 Interest 0 92
06/01/93 Interest 0.57
07/01/93 Interest 1.69
08/03/93 Interest 1.15
09/02/93 Interest 1.19
1.0/04/93 Interest 1.37
1.1/02/93 Interest 0 87
1.2/02/93 Interest 6.56
01/04/94 Interest 8.39
C2/02/94 Interest 3.05
03/01/94 Interest 2.81
04/01/94 Interest 2.81
05/03/94 Interest 1.66
06/01/94 Interest 1.50
07/01/94 Interest 1.17
08/02/94 Interest 0.90
09/01/94 Interest 1.00
10/03/94 Interest 3.77
11/01/94 Interest 2.68
12/01/94 Interest 2.63
01/03/95 Interest 3.44
02/01/95 Interest 1.54
03/01/95 Interest 2.08
04/03/95 Interest 2.31
05/01/95 Interest 1 79
06/01/95 Interest 2.23
07/03/95 Interest 2.53
08/01/95 Interest g_gg
09/01/95 Interest 2.34
10/02/95 Interest 1.39
11/01/95 Interest 6.34
12/01/95 Interest 3.31
01/02/96 Interest 5.45
02/01/96 Interest 3.66
03/01/96 Interest 4.67
04/01/96 Interest 1.37
05/01/96 Interest 1.87
06/03/96 Interest 1.53
07/01/96 Interest 1.33
FORWARD
$ 22,354.85 $ 92,566.07
- 43 -
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
Joan Ritter HurGe+-on
1.1/20/89 Winter Haven Hospital - Medical Expense $ 848.93
1.1/21/89 Gessler Clinic PA - Medical Expense 869.00
1.1/30/89 Winter Haven Hosptial - Medical Expense 337.15
1.2/06/89 Radiology Physicians - Medical Expense 430.00
1.2/06/89 University Physicians - Medical Expense 9,655.51
1.2/06/89 Shands Hospital - Medical Expense 38 670.31
C8/29/90 Demand Note of David B. & Joan Hurgeton
Payoff Demand Notes Advanced by Elmer L.
Ritter Trust 96,818.25
08/31/90 Myron Ritter & Jean Ritter - Loan
Principal Payment 13,333.33
08/31/90 Lee Ritter, Jr. & Gladys S. Ritter -
Loan Principal Payment 13 333.33
08/31/90 Genevieve Bromley & William Bromley -
Loan Principal Payment 13,333.34
09/16/91 Winter Haven Hospital - Medical Expense 17,361.61
10/01/91 Bond Clinic PA - Medical Expense 2,645.50
11/15/93 Winter Haven Hospital - Hospital Expense 5,489.13
12/08/93 Winter Haven Hospital - Hospital Expense 6,734.35
12/08/93 Bond Clinic PA - Hospital Expense 3 333.50
02/11/94 Anesthesia Assoc of Winterhaven -
Medical Expense 397.50
03/14/94 241 Shs. Holder International Inc. 60.38
09/07/94 Winter Haven Hospital - Hospital Expense 2,925.18
09/07/94 Bond Clinic PA - Hospital Expense 415.00
09/07/94 Radiology Physicians - Medical Expense 169.90
09/07/94 Central FL M.R.I. - Physician Expense 925.00
09/07/94 Donald L. Avery, MD PA - Physician
Expense 167.00
09/07/94 Winter Haven Emergency Physicians -
Physician Expense 159.00
0'9/07/94 Neurology & Neurosurgery Associates PA -
Physician Expense 440.00
10/06/95 Winter Haven Hospital - Hospital Expense 5,720.05
1:?/07/95 Bond Clinic PA - Medical Expense 2 451.00
l:?/07/95 Anesthesia Assoc MDPA - Physician
Expense 154.80
1<?/07/95 SmithKline Beecham - Medical Expense 415.30
09/19/01 Reimbursement for Prescription Drugs 2,331.37
09/19/01 Balance due for Carlisle Hospital 445.90
0'7/30/02 Discretionary Distribution i 250.00
08/08/02 Discretionary Distribution 1 250.00
09/03/02 Discretionary Distribution 1 250.00
10/01/02 Discretionary Distribution 1 250.00
l~_/Ol/02 Discretionary Distribution 1 250.00
12/02/02 Discretionary Distribution 1,250.00
FORWARD
S 247,870.62
- 18 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 4,655.22 $ 115,191.40
Fixed Income Collective Investment Fund
_(cont'd;
06/05/90 Dividend 11,307 Shs. 772.31
07/05/90 Dividend 13,898 S:,s• 919 27
08/03/90 Dividend 13,898 Shs. 945.49
09/06/90 Dividend 13,898 Shs. 941.96
10/03/90 Dividend 13,898 Shs. 918.43
11/05/90 Dividend 13,898 Shs. 939.13
12/05/90 Dividend 16,983 Shs. 1,117.73
01/04/91 Dividend 20,017 Shs. 1,357.30
02/05/91 Dividend 23,027 Shs. 1,559.33
03/05/91 Dividend 23,027 Shs. 1,425.80
04/03/91 Dividend 23,027 Shs. 1,553.84
05/02/91 Dividend 23,027 Shs. 1,484.47
06/04/91 Dividend 26,020 Shs. 1,828.76
0'7/02/91 Dividend 29,017 Shs. 1,931.23
08/02/91 Dividend 29,017 Shs. 1,976.45
09/04/91 Dividend 29,017 Shs. 1,963.93
10/03/91 Dividend 29,017 Shs. 1,907.05
1:1/05/91 Dividend 29,017 Shs. 1,952.31
1:?/04/91 Dividend 29,017 Shs. 1,902.05
0:1/06/92 Dividend 29,017 Shs. 1,954.02
02/05/92 Dividend 33,673 Shs. 2,277 68
03/04/92 Dividend 36,536 Shs. 2,334.24
04/02/92 Dividend 37,014 Shs. 2,492.41
05/05/92 Dividend 37,014 Shs. 2,398.83
OEi/03/92 Dividend 37,014 Shs. 2,445.14
07/03/92 Dividend 37,014 Shs. 2,388.05
08/05/92 Dividend 37,410 Shs. 2,454.65
09/03/92 Dividend 37,410 Shs. 2,438.34
10/02/92 Dividend 37,410 Shs. 2,384.84
11./03/92 Dividend 37,410 Shs. 2,438.50
12/02/92 Dividend 37,410 Shs. 2,340.80
01./05/93 Dividend 37,410 Shs. 2,383.17
02/03/93 Dividend 37,410 Shs. 2,385.76
03/03/93 Dividend 37,410 Shs. 2,216.62
09:/05/93 Dividend 37,410 Shs. 2,367.46
05/05/93 Dividend 37,255 Shs. 2,287.61
06/03/93 Dividend 37,255 Shs. 2,322 22
07/06/93 Dividend 37,163 Shs. 2,245.08
08/04/93 Dividend 37,163 Shs. 2,321.89
09/02/93 Dividend 37,163 Shs. 2,292.66
10/05/93 Dividend 37,145 Shs. 2,253.84
11/03/93 Dividend 37,145 Shs. 2,274.46
FORWARD $ 85,750.33 $ 115,191.40
- 45 -
DISBURSEMENTS OF PRINCIPAL (cont'd)
FOR.VJARD $ 7, 457.40
FEDERAL STATE & LOCAL TAXES (cont'd)
internal Revenue Service
Federal Fiduciary Income Tax (cont'd
03/31/93 1992 Balance due 1,481.00
06/11/93 2nd Quarter Estimated 740.00
09/13/93 3rd Quarter Estimated 370.00
12/27/93 4th Quarter Estimated 370.00
03/25/94 1993 Balance due 138.00
04/08/91 1st Quarter Estimated 404.00
06/13/91 2nd Quarter Estimated 404.00
09/13/94 3rd Quarter Estimated 404.00
12/28/94 4th Quarter Estimated 404.00
G6/30/9`i 1994 Refund -1,545.00 10,627.40
Dauphin Deposit Bank and Trust Companv
07/23/9]_ 1991 County, Township and School Real
Estate Tax for Mountain Land in Silver
Spring and Middlesex Township $ 4.29
08/14/92 Real Estate Tax for Musgrave Mountain
Land 4.88 9.17
Pennsvlvania Department of Revenue
State Fiduciarv Income Tax
04/09/90 1989 Balance due $ 691.00
x4/09/97. 1990 Balance due 12.10
03/25/92 1991 Balance due 19.40
03/24/93 1992 Balance due 214.00
06/14/93 2nd Quarter Estimated 108.00
09/10/93 3rd Quarter Estimated 53.00
12/27/93 4th Quarter Estimated 53.00
04/13/94 1st Quarter Estimated 48.00
05/18/941 1993 Refund -25.00
06/10/941 2nd Quarter Estimated 48.00
09/09/941 3rd Quarter Estimated 48.00
12/28/941 4th Quarter Estimated 48.00
06/21/9`i 1994 Refund -170.00
04/09/04 2003 Balance due 74.00
12/27/04': 4th Quarter Estimated 84.00
05/09/05 2004 Refund -45.00
04/11/OFi 2005 Balance due 15.00
04/12/06 1st Quarter Estimated 36.00
04/12/07 1st Quarter Estimated 35.00 1,346.50
FORWARD
$ 16,130.13
11,983.07
$ 28,113.20
- 16 -
RECEIPTS OF INCOME (cont'd)
FORWARD
Loomis Savies Sma11 Cao Value Fund I
1.2/30/05 Dividend 193.125 Shs• $ 28.1'0
1.2/30/05 Short Term Capital Gains Distribution 39.15
01/02/07 Dividend 211.564 Sirs. 36.98
C11/02/07 Short Term Capital Gains Distribution 112.15
Market Sauare Cash Manaaer I
03/02/89 Interest $ 515.43
04/05/89 Interest 1,131.44
05/03/89 Interest 1,106.86
06/05/89 Interest 1,130.13
07/06/89 Interest 792.39
N[arketvest Funds Inc. Intermediate US
Government Bond Fund #593
05/02/96 Dividend 35,621.143 Shs. $ 1,720.14
06/03/96 Dividend 35,621.143 Shs. 1,784.76
07/03/96 Dividend 35,621.143 Shs. 1,785.23
08!01/96 Dividend 35,621.143 Shs. 1,854.22
09/03/96 Dividend 35,621.143 Shs. 1,851.30
10/01/96 Dividend 35,621.143 Shs. 1,835.49
11/01/96 Dividend 35,621.143 Shs. 1,967.46
12/02/96 Dividend 35,621.143 Shs. 1,946.11
01/02/97 Dividend 35,621.143 Shs. 2,095.91
02/06/97 Dividend 35,621.143 Shs. 2,115.96
03/05/97 Dividend 35,621.143 Shs. 1,930.44
04/04/97 Dividend 35,621.143 Shs. 2,174.29
05/06/97 Dividend 35,621.143 Shs. 2,082.02
06/05/97 Dividend 35,621.143 Shs. 2,136.72
07/G3/97 Dividend 35,621.143 Shs. 2,072.51
08/04/97 Dividend 35,621.143 Shs. 2,156.60
09/03/97 Dividend 35,621.143 Shs. 2,073.07
10/03/97 Dividend 35,621.143 Shs. 2,033.33
11/05/97 Dividend 35,621.143 Shs. 1,889.56
12/02/97 Dividend 35,621.143 Shs. 1,861.78
12/31/97 Dividend 35,621.143 Shs. 1,924.62
02/03/98 Dividend 35,621.143 Shs. 1,866.48
03/03/98 Dividend 35,621.143 Shs. 1,709.28
03/20/98 Dividend 35,621.143 Shs. 1,309.11
FORWARD
$ 260,214.72
216.44
4,676.25
46,176.39
S 311,283.80
- 47 -
DISBURSEMENTS OF PRINCIPAL (cont'd1
FIDUCIARY FEES (cont'd)
Allfirst Trust Company of Pennsylvania
NA - Trustee Fee (cont'd)
03/05/03
04/07/03
05/05/03
06/05/03
07/07/03
08/06/03
Dauphin Deposit Bank and Trust Company -
Trustee':s Fee
04/05/99
05/05/99
06/07/99
Manufacturers & Traders Trust Company -
Trustee ]?ee
09/08/03
10/06/03
11/06/03
12/08/03
01/06/04
02/06/04
03/08/04
04/06/04
05/06/04
06/07/04
07/06/04
08/06/04
09/07/04
10/06/04
11/08/04
12/06/04
01/06/05
02/07/05
03/07/05
04/06/05
05/06/05
06/06/05
07/06/05
08/08/05
09/06/05
FOR6VARD $ 5, 658 .27
134.78
133.64
133.09
133.12
131.72
129.64 $
$ 129.58
129.73
128.65
129.30
128.73
127.75
127.27
126.04
125.51
125.37
128.50
126.97
125.78
125.46
124.78
124.23
123.57
122.88
122.04
130.62
130.06
128.80
149.34
148.39
148.28
147.63
147.09
146.46
6,454.26
387.96
FORWARD $
- 14 -
3,290.85 $ 6,842.22
RECEIPTS OF INCOME (cont'd)
FORWARD $ 9,257.47 $
M:TB Income-Inst I Fur_d #143
_(cont'd)
02/01/07 Dividend 4,975.863 Shs.. 196.23
03/01/07 Dividend 4,975.863 Shs. 200.77
04/02/07 Dividend 4,975.863 Shs. 200.90
05/01/07 Dividend 4,975.863 Shs. 192.85
06/01/07 Dividend 4,975.863 Shs. 192.45
07/02/07 Dividend 4,975.863 Shs. 187.87
08/01/07 Dividend 4,975.863 Shs. 192.04
09/04/07 Dividend 4,975.863 Shs. 186.18
10/01/07 Dividend 4,975.863 Shs. 190.05
11/01/07 Dividend 4,975.863 Shs. 173.50
M'TB Intermediate Term Bond-Inst I Fund
#220
09/04/03 Dividend 7,799.956 Shs. $ 142.27
10/01/03 Dividend 7,799.956 Shs. 272.22
11/05/03 Dividend 7,799.956 Shs. 282.76
1:1/21/03 Short Term Capital Gains Distribution 95.94
12/01/03 Dividend 7,893.449 Shs. 288.81
0:1/02/04 Dividend 7,893.449 Shs. 312.89
0:?/02/04 Dividend 7,893.449 Shs. 330.90
03/01/04 Dividend 7,893.449 Shs. 322.14
04/01/04 Dividend 7,893.449 Shs. 313.71
0`x/03/04 Dividend 7,502.442 Shs. 298.61
OED/01/04 Dividend 7,502.442 Shs. 295.35
0"7/01/04 Dividend 7,502.442 Shs. 280.55
OE3/02/04 Dividend 7,502.442 Shs. 289.54
09/01/04 Dividend 7,502.442 Shs. 293.11
10/01/04 Dividend 7,502.442 Shs. 297.10
11/01/04 Dividend 7,502.442 Shs. 283.65
1'1./01/04 Dividend 7,502.442 Shs. 266.93
07./03/05 Dividend 7,5C2.442 Shs. 298.31
02/01/05 Dividend 6,882.442 Shs. 288.14
03/01/05 Dividend 6,882.442 Shs. 250.73
0~'~/O1/05 Dividend 5,377.929 Shs. 211.59
0_`x/02/05 Dividend 5,377.929 Shs. 209.09
06/01/05 Dividend 5,377.929 Shs. 211.31
07/01/05 Dividend 5,377.929 Shs. 196.74
OE'/01/05 Dividend 5,377.929 Shs. 170.11
09/01/05 Dividend 5,377.929 Shs. 162.02
10/03/05 Dividend 5,377.929 Shs. 166.61
11./01/05 Dividend 5,377.929 Shs. 167.91
FORWARD
311,283.80
11,170.31
$ 6,999.04 $ 322,454.11
- 49 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd)
FORWARD
10/29/07 4,975.863 Shs. MTB Income-Inst I Fund
#143
Net Proceeds 48,116.60
Acquisition Value 51,012.00
10/29/07 4,868.245 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
Net Proceeds 47,854.85
Acquisition Value 49,371.04
10/29/07 4,152.766 Shs. MTB Short Term
Corporation Bd-Inst I-#518
Net Proceeds 40,904.75
Acquisition Value 41,942.94
10/29/07 5,552.0554 Shs. MTB US Government Bond
Inst I Fund #822
Net Proceeds 51,856.19
Acquisition Value 53,776.64
TOTALS
NET GAIN TRANSFERRED TO SUMMARY
GAIN LOSS
$ 37,298.77 $ 6,355.69
2,895.40
1,516.19
1,038.19
1,920.45
$ 37,298.77 $ 13,725.32
$ 23,573.45
- 12 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 58.23 $
NITB Mo^.ev Marxet-Inst I Fund #420
_fcont'd)
11/01/04 Interest 3.83
12/01/04 Interest 2.49
01/03/05 Interest 0.74
02/01/05 Interest 35.86
03/01/05 Interest 37.26
04/01/05 Interest 42.04
05/03/05 Interest 29.31
06/01/05 Interest 28.35
07/01/05 Interest 24.84
08/01/05 Interest 23.07
09/01/05 Interest 20.42
10/03/05 Interest 16.59
11/01/05 Interest 13.50
12/01/05 Interest 8.65
01/03/06 Interest 4.53
02/01/06 Interest 8 75
03/01/06 Interest 102.71
04/03!06 Interest 109.53
05/01!06 Interest 104.23
06/01/06 Interest 103.22
07/03/06 Interest 96.51
08/01/06 Interest 96.13
09/01/06 Interest 92 02
10/02/06 Interest 83.39
11/01/06 Interest 79 32
12/01/06 Interest 69.75
01/02/07 Interest 64.99
02/01/07 Interest 57.76
03/01/07 Interest 45.13
04/02/07 Interest 42.84
05/01/07 Interest 33.93
06/01/07 Interest 27 25
07/02/07 Interest 19.70
08/01/07 Interest 13.60
09/04/07 Interest 6.32
10/01/07 Interest 1.14
11/01/07 Interest 102.62
12/03/07 Interest 873 82
01/02/08 Interest 864.10
02/01/08 Interest 832.90
0:3/03/08 Interest 667.79
FORWARD
333,632.54
4,949.16
$ 338,581.70
- 51 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS cont'd
GAIN LOSS
FORWARD $ 19,070.67 $ 5,415.08
12/19/05 Long Term Capital Gains Distribution on
Thompson Plumb Growth Fd
Net Proceeds 288_g0
Acquisition Value .00 288 80
12/21/05 Long Term Capital Gains Distribution on
Harbor International Fund #11
Net Proceeds 136.34
Acquisition Value .00 136.34
12/30/05 Long Term Capital Gains Distribution on
Loomis Sayles Small Cap Value Fund I
Net Proceeds 427.37
Acquisition Value .00 427.37
01/30/06 238.974 Shs. Thompson Plumb Growth Fd
Net Proceeds 11,000.00
Acquisition Value 10,971 40 28.60
01/30/06 513.875 Shs. MTB Income-Inst I Fund #143
Net Proceeds 5,000.00
Acquisition Value 5,268 52 268.52
01/30/06 509.684 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
Net Proceeds 5,000.00
Acquisition Value 5 168 93
168.93
()1/30/06 1,435.897 Shs. MTB Short Term
Corporation Bd-Inst I-#518
Net Proceeds 14,000.00
Acquisition Value
14,502
56
_
. 502.56
12/18/06 Long Term Capital Gains Distribution on
Thompson Plumb Growth Fd
Net Proceeds 116.55
Acquisition Value .00 116.55
1.2/19/06 Long Term Capital Gains Distribution on
CRM Mid Cap Value Fd-Instl #32
Net Proceeds 208.12
Acquisition Value .00 208.12
FORWARD $ 20,276.45 $ 6,355.09
- 10 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 5,664.88 $ 338,581.76
MTB Short Term Corporation Bd-Inst
1:-#518
_~cont'd)
03/01/07 Dividend 4,152.766 Shs. 137.67
C)4/02/07 Dividend 4,152.766 Shs. 139.00
05/01/07 Dividend 4,152.766 Shs. 137.51
06/01/07 Dividend 4,152.766 Shs. 135.99
07/02/07 Dividend 4,152.766 Shs. 142.70
08/01/07 Dividend 4,152.766 Shs. 145.74
09/04/07 Dividend 4,152.766 Shs. 145.89
7.0/01/07 Dividend 4,152.766 Shs. 146.41
]_1/01/07 Dividend 4,152.766 Shs. 131.67 6,927.46
b1TB US Government Bond Inst I Fund #822
09/04/03 Dividend 8,218.2234 Shs. $ 134.69
10/01/03 Dividend 8,218.2234 Shs. 275.14
11/05/03 Dividend 8,218.2234 Shs. 259.29
]_2/01/03 Dividend 8,219.3274 Shs. 267.39
01/02/04 Dividend 8,219.3274 Shs. 277.13
02/02/04 Dividend 8,219.3274 Shs. 267.85
03/01/04 Dividend 8,219.3274 Shs. 267.04
04/01/04 Dividend 8,219.3274 Shs. 273.87
05/03/04 Dividend 7,806.1044 Shs. 286.99
06/01/04 Dividend 7,806.1044 Shs. 281.47
07/01/04 Dividend 7,806.1044 Shs. 269.25
08/02/04 Dividend 7,806.1044 Shs. 268.88
09/01/04 Dividend 7,806.1044 Shs. 274.31
10/01/04 Dividend 7,806.1044 Shs. 281.76
11/01/04 Dividend 7,806.1044 Shs. 272.32
12/01/04 Dividend 7,806.1044 Shs. 281.09
01/03/05 Dividend 7,806.1044 Shs. 294.45
02/01/05 Dividend 7,146.1044 Shs. 255.35
03/01/05 Dividend 7,146.1044 Shs. 233.88
04/01/05 Dividend 5,552.0554 Shs. 212.82
05/02/05 Dividend 5,552.0554 Shs. 211.80
06/01/05 Dividend 5,552.0554 Shs. 213.22
07/01/05 Dividend 5,552.0554 Shs. 200.29
08/01/05 Dividend 5,552.0554 Shs. 168.65
09/01/05 Dividend 5,552.0554 Shs. 158.62
:10/03/05 Dividend 5,552.0554 Shs. 165.00
:11/01/05 Dividend 5,552.0554 Shs. 170.59
:12/01/05 Dividend 5,552.0554 Shs. 182.57
()1/03/06 Dividend 5,552.0554 Shs. 175.26
FORWARD $ 6,880.97 $ 345,509.16
- 53 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd)
GAIN LOSS
FORWARD $ 15,673.84 $ 3,290.49
11/21/03 Long Term Capital Gains Distribution on
MTB Intermediate Term Bond-Inst I Fund
#220
Net Proceeds 864.23
Acquisition Value .00 864.23
11/21/03 Long Term Capital Gains Distribution on
MTB Income-Inst I Fund #143
Net Proceeds 1,591.95
Acquisition Value .00 1,591.95
04/05/04 392.542 Shs. MTB Income-Inst I Fund #143
Net Proceeds 4,000.00
Acquisition Value 4,026.24 26.24
04/05/04 391.007 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
Net Proceeds 4,000.00
Acquisition Value 3,965.38 34.62
04/05/04 413.223 Shs. MTB US Government Bond Inst
I Fund #822
Net Proceeds 4,000.00
Acquisition Value 4,002.43 2.43
11/30/04 Long Term Capital Gains Distribution on
MTB Income-Inst I Fund #143
Net Proceeds 611.78
Acquisition Value .00 611.78
01/04/05 625 Shs. MTB Income-Inst I Fund #143
Net Proceeds 6,275.00
Acquisition Value 6,408.84 133.84
01/04/05 620 Shs. MTB Intermediate Term Bond-Inst
I Fund #220
Net Proceeds 6,249.60
Acquisition Value 6,287.69 38.09
FORWARD $ 18,776.42 $ 3,491.09
- 8 -
DISBURSEMENTS OF INCOME (cont'd)
FORWARD
Allfirst: Trust Company of Pennsylvania
NA - Trustee Fee (cont'd)
02/05/03
03/05/03
04/07/03
05/05/03
06/05/03
07/07/03
08/06/03
Dauphin Deposit Bank and Trust Company -
Trustee's Fee
03/13/89
04/11/89
05/11/89
06/13/89
07/27/89
08/11/89
09/12/89
10/11/89
11/13/89
12/12/89
01/11/90
02/13/90
03/13/90
04/11/90
05/11/90
06/12/90
07/11/90
08/08/90
09/10/90
10/10/90
11/08/90
12/10/90
01/08/91.
02/08/91.
03/08/91.
04/09/91.
05/08/91
06/10/91
07/09/91
08/08/91
FORWARD
S 2,973.98
72.76
72.58
71.96
71.66
71.68
70.93
69.80 $
83.50
120.75
117.44
120.69
132.48
200.40
196.45
192.21
198.33
167.92
152.34
154.92
137.97
146.78
197.21
223.5.3
215.51
224.88
195.40
170.08
183.52
178.91
226.37
251.42
229.66
249.00
242.83
255.74
250.82
260.26
3,475.35
$ 5,677.32 $ 3,475.35
- 57 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS cont'd
GAIN LOSS
FORWARD $ 15,253.27 $ 1,414.15
11/07/00 106.045 Shs. ARK Fds US Government Bond
Portfolio
Net Proceeds 1,000.00
Acquisition Value 1,060.45 60.45
07/09/01 153.846 Shs. ARK Fds US Government Bond
Portfolio
Net Proceeds 1,500.00
Acquisition Value 1,538.46 38.46
09/20/01 300.903 Shs. ARK Fds US Government Bond
Portfolio
Net Proceeds 3,000.00
Acquisition Value 3,009.03 9.03
10/02/01 26,096.579 Shs. ARK Fds US Government
Bond Portfolio
Net Proceeds 259,400.00
Acquisition Value 260,965.79 1,565.79
12/11/01 Long Term Capital Gains Distribution on
ARK Fds Income Portfolio
Net Proceeds 141.58
Acquisition Value .00 141.58
12/11/01 Long Term Capital Gains Distribution on
ARK Fds Intermediate Fix ed Income
Portfolio
Net Proceeds 40.93
Acquisition Value .00 40.93
07/10/02 50.71 Shs. ARK Fds Short Term Bond
Portfolio
Net Proceeds 500.00
Acquisition Value 512.17 12.17
07/31/02 246.063 Shs. ARK Fds Income Portfolio
Net Proceeds 2,500.00
Acquisition Value 2,524.52 24.52
FORWARD $ 15,435.78 $ 3,124.57
- 6 -
DISBURSEMENTS OF INCOME (cont'd)
FORWARD
l/~dUpl"11n DepOSlt B3nK and `I'TUSt COIilpdny -
Trustee's Fee (cont'd)
01/04/9`1
02/06/9`1
03/06/9~i
04/04/9`1
05/04/95
06/06/95
07/05/95
08/04/9`1
09/06/9.`1
10/04/9`.1
11/06/9`.1
12/05/9`_1
01/04/96
02/06/96
03/05/9Ei
04/04/9Ei
05/06/9Ei
06/04/9Ei
07/05/9Ei
08/06/9Ei
09/04/96
10/04/9F>
11/05/9E>
12/04/9F>
Gl/06/97
C2/04/97
03/04/97
04/04/97
05/06/97
06/04/97
07/07/97
08/05/97
09/04/97
10/06/97
11/04/97
12/04/97
12/31/97
02/05/9E3
03/05/9E3
04/06/9E3
FORWARD
$ 17,272.33 $
186.89
385.41
293.91
190.64
405.74
303.19
197.78
403.10
195.37
400.77
296.06
194.50
391.14
295.69
195.83
393.47
95.46
95.36
95.66
95.56
95.12
95.92
96.62
97.42
96.65
94.03
93.65
92.32
92.75
92.90
95.08
94.32
95.01
95.65
94.25
95.65
87.33
95.95
95.15
95.64
3,475.35
$ 24,275.27 $ 3,475.35
- 59 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS
GAIN LOSS
04/05/93 155 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 1,701.23
Acquisition Value _ 1,550.22 $
06/03/93 92 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 1,004.49
Acquisition Value 920.13
09/02/93 18 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 200.46
Acquisition Value 180.03
11/03/93 541 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 6,001.92
Acquisition Value 5,410.75
12/02/93 1,003 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 11,003.31
Acquisition Value 10,031.39
01/19/94 1/6 Interest 22 Acres Mountain Land in
Silver Spring and Middlesex Twp.
Net Proceeds 228.00
Acquisition Value 1,533.34
06/03/94 20 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 207.15
Acquisition Value 200.03
09/02/94 582 Shs. Fixed Income Collective
Investment Fund
Net Proceeds 6,006.13
Acquisition Value 5,820.81
FORWARD $
151.01
84.36
20.43
591.17
971.92
$ 1,305.34
7.12
185.32
2,011.33 $
1,305.34
- 4 -
DISBURSEMENTS OF INCOME (cont'd)
FORWARD $ 1,613.93 $
Manufact:urers & Traders Trust Comoan
Trustee Fee (cont'd
08/08/05 79.20
09/06/05 78.86
10/06/05 77,82
li/07/0_`i 77,42
12/06/0`1 98.52
01/06/06 98.55
02/06/06 102.67
03/06/OEi 102.42
04/06/OEi 102.28
05/08/OEi 101.72
06/06/06 100.18
07/06/06 99.49
08/07/06 99.33
09/06/06 99.45
10/06/OEi 99.59
11/06/06 gg,18
12/06/OEi 99.77
01/08/07 99.01
02/06/07 98.75
03/06/07 97.38
04/06/07 97.96
05/07/07 98.22
06/06/07 97.85
07/06/07 97.21
08/06/07 95.30
09/06/07 95.50
10/09/07 96.38
11/06/07 125.03
12/06/07 125.20
01/07/08 125.36
02/06/08 125.51
Dauphin Deposit Bank and Trust Company -
Tax Preparation Fee
09/25/90 1989 $ 125.00
08/06/91. 1990 125.00
07/27/92 1991 125.00
05/25/93 1992 125.00
29,261.95
4,705.04
500.00
FORWARD $
34,466.99
- 61 -
SUMMARY OF ACCOUNT
F'RINCI PAL
PAGES
Receipts
Net Gain on Sales or Disposition
Less Disbursements:
Fiduciary Fees
Federal State & Local Taxes
General Disbursements
Administration - Misc. Exp.
Balance before Distributions
Distributions to Beneficiaries
Principal Balance on Hand
For Information:
Investments Made
Changes in Holdings
INCOME
Receipts
Less Disbursements
Balance before Distributions
Distributions to Beneficiaries
Income Balance on Hand
COMBINED BALANCE ON HAND
Proposed Principal Distributions
Proposed Income Distributions
Verification
3
4-12
$ 611,500.35
23,573.45
$ 635,073.80
13-15 $ 16,130.13
15-16 11,983.07
17 236.75
17 2,675.00 -31,024.95
$ 604,048.85
18-20 -358,370.62
21 $ 245,678.23
22-24
25-36
37-55 $ 399,718.87
56-62 -34,571.99
$ 365,146.88
63-68 -361,681.97
69 $ 3,464.91
$ 249,143.14
70
71
72-73
- 2 -
DISTRIBUTIONS OF INCOME TO BENEFICIARIES
Joan Ritter Hurgeton
03/15/89 Distribution $ 431.93
04/17/89 Distribution 1,010.69
05/15/89 Distribution 989.42
06/i4/89 Reimbursement for Travel Expense to Camp
Hill for Distribution of Household
Contents 364.54
06/15/89 Distribution 644.90
07/17/89 Distribution 1,043.47
07/24/89 Distribution - Additional Income and
Adjustment 105.61
08/11/89 Distribution of August Cash on Hand sent
by Express Mail at Request of Joan 1,656.03
09/14/89 Distribution 1,589.84
10/11/89 Distribution 1,576.19
11/13/89 Distribution 1,608.21
12/12/89 Distribution 1,515.00
01/16/90 Distribution 1,177.33
02/15/90 Distribution 1,233.00
03/13/90 Distribution 1,083.00
04/11/90 Distribution 1,158.62
05/14/90 Distribution 1,355.00
06/13/90 Distribution 1,755.00
07/13/90 Distribution 1,677.00
08/10/90 Distribution 1,773.19
08/31/90 Myron Ritter & Jean Ritter - Loan
Interest Payment - Note at 6o Interest
on Loan to Dave & Joan Hurgeton 4,533.33
08/31/90 Lee Ritter, Jr. & Gladys S. Ritter -
Loan Interest Payment - Note at 6%
Interest on Loan to Dave & Joan Hurgeton 4,533.33
08/31/90 Genevieve Bromley & William Bromley -
Loan Interest Payment - Note at 60
Interest on Loan to Dave & Jcar. Hurgeton 4,533.34
09/10/90 Distribution 1,527.03
09/11/90 Distribution - Balance of Income earned
for September 1990 706.35
10/10/90 Distribution 1,171.07
11/13/90 Distribution 3,967.72
12/10/90 Distribution 1,408.73
01/10/91 Distribution 1,411.85
02/11/91 Distribution 1,873.79
03/11/91 Distribution 1,742.34
04/10/91 Distribution 1,835.40
05/10/91 Distribution 1,804.00
06/10/91 Distribution 1,957.22
07/10/91 Distribution 1,920.35
FORWARD $ 58,673.82
- 63 -
DISTRIBUTIONS OF INCOME TO BENEFICIARIES (cont'd)
FCRWARD $ 165,788.73
Joan Ritter Hurgeton (cont'd)
03/10/95 Distribution 1,753.53
C)4 /10/95 Distribution 1,963.12
05/10/95 Distri;~;~ution 1,714.50
06/12/95 Distrl;~ution 1,828.02
C)7/10/95 Distribution 1,872.40
C)8/10/95 Distribution 1,689.54
09/11/95 Distribution 1,885.79
1.0/10/95 Distribution 1,596.26
1.1/10/95 Distribution 1,718.25
1.2/11/95 Distribution 1,778.05
01/10/96 Distribution 1,593.47
C)2 /12/96 Distribution 1,686.38
C13/11/96 Distribution 1,729.22
04/10/96 Distribution 1,686.82
05/10/96 Distribution 1,626.55
06/10/96 Distribution 1,690.93
07/10/96 Distribution 1,690.90
C18/12/96 Distribution 1,759.78
09/10/96 Distribution 1,758.56
1.0/10/96 Distribution 1,740.97
1.1/12/96 Distribution 1,872.72
1.2/10/95 Distribution 1,850.69
01/10/97 Distribution 2,000.99
02/14/97 Distribution 2,023.85
C)3 /10/97 Distribution 1,839.77
C14/10/97 Distribution 2,082.95
C)5/12/97 Distribution 1,990.13
C16/10/97 Distribution 2,045.46
07/10/97 Distribution 1,978.57
C)8/11/97 Distribution 2,063.12
09/10/97 Distribution 1,979.78
1.0/10/97 Distribution 1,939.33
1.1/10/97 Distribution 1,797.23
1.2/10/97 Distribution 1,767.38
C)1/12/98 Distribution 1,839.03
02/10/98 Distribution 1,773.13
C)3/10/98 Distribution 1,615.64
04/10/98 Distribution 1,734.06
C)5/11/98 Distribution 1,633.84
C)6/10/98 Distribution 1,680.80
C)7 /10/98 Distribution 1,600.17
08/10/98 Distribution 1,644.07
C)9/10/98 Distribution 1,462.20
FORWARD $ 242,766.68
- 65 -
L .
~;+:I
r=
~?
Z
~:
of ~ ~'• ~•'•~~~ 19 S"~, li'sew-ise creates a Test for the
benefit of JOAN RITT~t Hi)EtGCIDFd. The prrnrisions of both Trusts are
identical.. Settlor therefore authorizes Tn:stee to ccrsolidate far
the rnavases of ad*iinistration and distribution the t~ Trusts so
that for all practical »urooses they can be deemed one Trust.
ARTICLE X.
Upon the death of Settlor and the resultir~ tcrminatian o£ T^,IJST
"A", Settlor directs that the 2~ustee for all Trusts created under
this instzunent and continuing after the death of Settlor shall be
DAUPKIII DEPOSIT BALL ANC} T'RI3ST CQII'ANY, 2 tdest High Street, Carlisle,
and 1JY!tCN U. RiTTER, •of PSechani.csburg, Pennsylvania. In the event
that MYfiON U. RITTEP. is unable or ursviiling to act in said capacity,
at arty time, ET~."R L. ILITTIIt JR. , shall act in his stead, and the
legal situs of this Trust shall for all rnsrnoses be deemed the Cotmty
of Ctmberland, in the Coamrnxrealth of Penrss;~Ivania.
IN tdiTNESS Fh~F, the parties hereto have caused this Agreement
oP Trust to be duly executed the day and year first above ~~ri.tten.
~litneas
9TTEST:
~~~~!/C~
Witne
7
r tter
,7AUPItt:~ DEPOSIT BA`dC ALGID TP3y3S/~T CCP2PANY
•'7 ce ea nt stee
and Trust Officer
'1
f t~_•
(Trustee)
1Q -
DISTRIBUTIONS OF INCOME TO BENEFICIARIES (cont'd)
FORWARD $ 304,912.70
Joan Ritter Huraeton (cont'd)
05/10/02 Distribution 1,248.23
0'0/10/02 Distribution 1,280.44
07/10/02 Distribution 1,240.?0
08/12/02 Distribution 1,132.59
09/10/02 Distribution 1,117.95
10/10/02 Distribution 1,063.94
11/12/02 Distribution 1,118.37
12/10/02 Distribution 999.21
01/10/03 Distribution 989.08
02/10/03 Distribution 972.73
03/03/03 Distribution 822.46
04/10/03 Distribution 958.53
05/12/03 Distribution 928.76
06/10/03 Distribution 913.76
07/10/03 Distribution 776.60
08/11/03 Distribution 739.17
09/10/03 Distribution 897.92
10/10/03 Distribution 912.90
:11/10/03 Distribution 922.54
:12/10/03 Distribution 1,444.26
01/12/04 Distribution 917.88
02/10/04 Distribution 911.86
()3/10/04 Distribution 920.21
()4/12/04 Distribution 920.69
()5/10/04 Distribution 921.08
()6/10/04 Distribution 885.06
1)7/12/04 Distribution 879.40
08/10/04 Distribution 898.93
09/10/04 Distribution 895.02
:10/12/04 Distribution 893.32
:11/10/04 Distribution 874.12
12/10/04 Distribution 1,039.20
O1/10/OS Distribution 973.79
02/10/05 Distribution 906.73
03/10/05 Distribution 812.17
04/11/05 Distribution 843.42
05/10/05 Distribution 684.97
06/10/05 Distribution 704.11
07/11/05 Distribution 810.07
08/10/05 Distribution 594.03
09/12/05 Distribution 572.49
10/11/05 Distribution 769.68
11/10/05 Distribution 583.43
FORWARD $ 344,604.00
- 67 -
C-
il`
~,r
_~
c~
~~,
. . ~.
proportions wfi~o wtiuld be entitled to t'^.e estate of Settlor had
Settlar then died a resident of Pera~sylvania
(g) T~-,e foregoing provisions of this Trust shall be
subject to the folla~inp, liritation:
Zf, in the sole and uncontrolled discretion of the
Trustee the cantirruation of airy Trust sha1L becrne i~rac-
tical because of paucity of funds, Trv9tee may tezrrdnate
the Trust and distribute the principal to the income
recipients in proportion to their interest in said incase.
ARTZCLg V.
If Settlor's wife,.JULTA G. RITT11t, predeceases him, all the
provisions oP this Agreement pertaining to TRUST "II" sha11 be wid
as to her and the entire assets of the Trust sfia11 be given, in
equal shares, to (a) MYRON U. RTITFR, (b) EL2gR L. RITITR, JR.,
(c) .`iARY GF2~VIE`VE S12QSLEY, and <d} DAUPf{IN DEPOSIT aAI~IlC AND TRUST
COMPANY, Trustee ceder the, terms and conditions set forth in ARTICLE
IV., TRUST "B". subparagraph (b)I, (b)1.1, (b) 1.1(a), (b)l.l(b) and
(b)1.1(c) .
ARTICLE VI.
do part of the inane or principal of the property held under arty
trust created hereur:der shall,ba subject to attac2~ent, Levy or seizure
by any creditor, spouse, assignee or.trustea or receiver in banim~ptcy
of arty beneficiary prior to the beneficiary's actual receipt thereof.
Trustee shall pay over the net income and the principal to the l~etse-
ficiaries herein designated, as their interests may appear, without
regard to arty atteq~ted anticipation (except as specifically provided in
this instruoent) pledging or assigroent by any beneficiary.
-8-
INCOME BALANCE ON HAND
CASH (AUTOMATICALLY INVESTED)
TOTAL INCOME BALANCE ON HAND
VALUE AT
03/G7/2009
FIDUCIARY
ACQUISITION
VALUE
$ 3,464.91 $ 3,464.91
$ 3,464.91 $ 3,464.91
THE ABOVE CASH IS CURRENTLY INVESTED IN
MTB Money Market-Inst I Fund #420
- 69 -
sr
li';,.'
s
~,..
V
L~~
,~;
issue who survive`fes:in equal shares. ~'~
(c) In .each 1Yust established for.' tt-de benefit of . tt~:e issue . o¢ ;~j
a deceased child of Settlor as hereinbefore'pzv~i.ded,tsstee sha1~
... ..,.
ho3d, . message, irroest and reiitveat the principal thereof, ~ collect the ~!v
iTICCIIIB and 8ha11, , if .the fieneficiaxy pie under twenty one; (21);;years ;43
of age;;-add_said;i.ncaoe'to':the princi~aZ; the.resilting fund':to b~
hereinafter referred: ta.'as "the Trust .F`~azd.•'`.::' Trustee shall pay to ~~~
or for the benefit of such beneficiary from time to time as much of
.the Trust FLaid as, in the sole discretion of the Trustee, is adequate
to maintain beneficiary in his or tier proper station in life, includ-
~ proper support, maintenance, medical. ex{~enses, and fees for college,
university ar any other field of learnin;. As each beneficiary attains
the age of twenty-one (21) years, the Trustee shall pay to the beneficiary
the net income frccn his or her 1Yust FS.atd. lfien each beneficiary attains
the a.<;e of twenty-five (25) years, one half (1/2) of the then assets of
the Trust held for him or for her shall be distributed to hici or to her;
at age thirty (3Q), Trustee shall distribute to the beneficiary all the
ratsir-ing assets of the said Trust held for the beneficiary. If, at
the establishment of said Trust, any beneficiary has already attained
an age at which he or she would have been entitled to one or more dis-
tributions of income or principal as above provided, the portion(s)
which would have been distributed at such prior age(s) s2Ta11 be distrib-
uted to such beneficiary forthwith. Should such beneficiary die before
final distribution of his or her share and mt be survived by then living
issue, the then remaining assets shall be distributed, per atirpes, to
the then living issue of the parent of such beneficiary or, if there
is none, to the person.9 who would be entitled to Settlor's estate
had he .or she then died intestate a resident of Pennsylvania.
(~~j) (d) In each Tnsst established for the benefit of the issue of
v -6-
O
~~
L~
PROPOSED INCOME DISTRIBUTION SCHEDULE
Market Value Fiduciary
as of Acquisition
03/07/2008 Value
CHILDREN OF JOAN RITTER HURGETON:
T0: David B. fiurgeton, Jr. - 33 share
of Residue as tier Item IV(c) of Trust
under Agreement as Amended
Income Cash $ 1,154.97 $ 1,154.97
$ 1,154.97 $ 1,154.97
T0: Janelle R. Swilley - 34% share of
Residue as per Item IV(c) of Trust under
Agreement as Amended
Income Cash $ 1,154.97 $ 1,154.97
1,154.97 1,154.97
T0: Joellyn R. Collier - 33% share of
Residue as per Item IV(c) of Trust under
Agreement as Amended
Income Cash $ 1,154.97 $ 1,154.97
1,154.97 1,154.97
TOTAL $ 3,464.91 $ 3,464.91
---------------- ----------------
The above cash is currently invested in
MTB Money Market-Inst I Fund #420
- 71 -
,i
ur
I ;~
~.~
ij.
s
~v
-'
Ir;
,,
the in,cane therefraa and, berinntr~; at Settlor's death,
pay aver tl~e net ircone of each such Trust to Settler's
wife dur~-~ her lifetima, in i-3stalL:nents m less frequently
than quarterly.
(b) Upcn the death of Settlor's wife, JU13A G. BITTER,
Trustee sEiall distribute airy accim~lated income from TRUST
"B" to her estate. In addition, Trvstee shall distribute the
principal of TRUST "B" in equal shares to (a) t2XRLYi U. RITTL't,
(b) Ef~Tt L. BITTER, ,TR. , (c) ttARY GLTcUI~ BRCTq.EY, and to
(d) DAUPt:II~I DEPOSIT BAtM APID TRUST OCriPAIJY Co be held, adnini.s-
tered and distributed under the terns and conditions hereinafter
set forth.
_ 1. If a child of Settlor shall predecease Settlor's
wife but leave issue surviving; her, the Trustee shall divide
the maze of principal which the deceased child would have.
received into as many equal shares or parts as there are
living children of said deceased ch11d and deceased children
of said deceased child having issue surviv3.np Settlor's j~ife.
Trustee shall hold one such share as a separate Trust for
the benefit of each then living child. of the deceased child
and one such share for the benefit of each deceased child
as aforesaid. 2~usCee shall hold, administer and distribute
each Trost so created acoordin; to the terra and conditions
hereinafter set forth.
1. The share of the Trust directed to be paid to
DAUPEfftI DEPOSIT BAI~C APII} TRUST CQ~ANY in the preceding;
pazag,~raph shall be held, aded.nistered and distributed
under the following, term and conditions:
(a) Settlor and his wife and certain of their
-4-
VERIFICATION (cont'd)
Manufacturers and Traders Trust Company and Elmer L. Ritter, Jr.,
Cc-Trustees under Agreement with Elmer L. Ritter, Sr., Deceased, hereby
declare under oath that the•1~ have fully and faithfully discharged the
duties of their office; that the foregoing Account is true and correct and
fui_y discloses all significant transactions occurring during the
accounting period; that all known claims against the Trust have been paid
in full; that, to their knowledge, there are no claims now outstanding
against the Trust; and that all taxes presently due from the Trust have
been paid.
This statement is made subject to the penalties of 18 PA. C.S.A.
Section 4904 relating to unsworn falsification to authorities.
Manufact e s and Traders Trust Company
B Y : ~'
as E. Morkin, Vice-President
Dated: LX.~ v~ i
Subscribed and sworn to by
before me this 4 1 ~ day
of ~ ~' 2008.
i
,,,
Notary Public
~ C Killian, Notary ~~ ~~~_,
. ~o~o, CumbEr':ar~d t~c rr?y
ri~~'; r ~ F~xph~s i~io'J. 2~, ~Cii~ I
- 73 -
~,
u;
[~i
the Trust, fzam time to tine, either by ,~.ft inter vvos ar by will and
tha said assets sha11 be held, administered and distributed under the terms
heratnafter aeC forth.
ARTECLE IIZ.
TRtTST "A"
Trustee aha11 l~ld all assets now or hereafter acquired subject
2N 'IItUST, under the folla+it~; tears and conditions and far the
fallowis,q uses and purposesr
(a) To have. hold, mana~, invest aryl zeircvest
tke saeie, to collect the incase and after payment of
all proper char;es and ea~enses to pay avez the nat income
therefrom in quarterly inatallr~enta (or at such otn~c tfnes
as tha parties detertiine) to 5ettlor during his lifetime.
(b) 'Ilse Trustee shall pay such poztian or all of the
principal of tha TRUST "A" to the Settlar as he nsy fron
tuna to time request.
(c) Trustee is authorized to disburse ary part of Gee
(~ ~ inocme or principal of this Trust, at arty time or fztm time
U\\II to tine, to arty party when Tn~stee deans it to be for the
~"J best interest artid for the benefit of Settlor or Settlor's
spouse
(d) 4he Trustee shall render quarterly statet~ettts of
the
eoei
ts
d di
b
t
f i
l
i
i
l
f
;
p
an
s
ursar.~en
s o
ncu~e ari
pr
nc
pa
o
this TnLSt to the Settlar:
(e) ~e Settlor reserves the ri,~tt at any time to
alter, cydify, amend ar revoi:a any ox all of the provisions
of this 'host gs¢eee~nzt, provided tfiat if any aodificaticn
or amendment shall advae~ely"a:i?ect Trustee, it shall ba
-2-
O
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA,
ORPHANS' COURT DIVISION
~ N
[N RE: THE AMENDMENT AND RESTATEMENT OF TRUST AGREEMENT ND ~ -'~~
BETWEEN ELMER L. BITTER, AS SETTLOR, AND MANUFACTURERS AND.- _ ER~ - -}
'TRUST COMPANY, SUCCESSOR BY REASON OF MERGERS TO DAUPHIN D IT '{
BANK AND TRUST COMPANY and ELMER L. BITTER, JR., AS TRUSTEES, w ~~F`T
_,' c
MARCH 10,1986 (Hereinafter called the "Trust") `} ~ ~• -_- ~ ~
__ ~ .-r~
N0.87 of 768 , `J ~ o == ~r
_~ ~.
co ''~
RECEIPT, RELEASE AND INDEMNIFICATION AGREEMENT
Thjs Receipt, Release and Indemnification Agreement (hereinafter called the "Release") is given
this ~ Day of ~ , 2008 by Joellyn R. Collier of Winter Haven, FL, (hereinafter
called the "Beneficiary") to and in favor of Manufacturers and Traders Trust Company successor to
Dauphin Deposit Bank and Trust Company and Elmer L. Ritter, Jr., Co-Trustee of the Trust (hereinafter
called the "Co-Trustees").
WITNESSETH:
WHEREAS, Elmer L. Ritter died October 22, 1987, Myron U. Ritter died March 31, 1997 and
Joan R. Hurgeton died October 25, 2007;
WHEREAS, the Beneficiary, pursuant to residuary disposition contained in ARTICLE N. 1.1 .c.
of the Trust (A copy of which is attached as EXHIBIT "A"), is beneficially interested in the above
referenced Trust and is entitled to one-third of the Trust assets; and
NOW, THEREFORE, intending to be legally bound hereby, the Beneficiary represents, warrants,
covenants and agrees as follows:
1. Recei t. The Beneficiary requests the above named Co-Trustees to make final distribution of the
following property and effective upon delivery to the undersigned of the property shown as
distributable in the, acknowledges receipt of such property.
DESCRIPTION AMOUNT
Income Cash $1,154.97
Principal Cash $75,269.90
Less 2007 Fiduciary Income Taxes 1/3 -356.00
Net Cash for Distribution $~SZ_
7 shs Pine Brook Corporation, Common Stock $14~
The Beneficiary acknowledges that the final distribution represents the Beneficiary's entire interest in
the above referenced residuary disposition contained in ARTICLE TV. l .1.c., and is being made in
full satisfaction thereof.
2
The Beneficiary does further acknowledge receipt of a First and Final Accounting of the
administration of the Trust attached as EXHIBIT "B".
2, Release. Upon having received the above described final property distribution, the Beneficiary does
by these present remise, release, quit-claim and forever discharge the Co-Trustees, their employees,
successors and assigns, from all actions, suits, payments, accounts, reckonings, claims and demands
whatsoever, for or by reason of its administration of the above referenced Trust, or any other act,
matter, cause or thing whatsoever.
3. Indemnification. In exchange for the Co-Trustees' willingness to make the final distribution
hereunder without first securing the benefit of a formal court audit, the Beneficiary agrees to
indemnify the Co-Trustees and hold them harmless, to the extent of any funds or assets received by
the Beneficiary hereunder, from and against the Beneficiary's pro rata share of any and all liabilities,
losses, damages, costs, verdicts, judgments, awards and expenses (including attorney's fees and other
costs or expenses of defense) to which the Co-Trustees may be subjected by reason of its
administration of the Trust, as well as the settlement thereof by means of an informal distribution.
The Beneficiary further agrees to:
a. Refund or return, promptly upon the Co-Trustees' written demand, any funds or assets distributed
by the Bank to the Beneficiary, if the distribution thereof is determined at any time to have been
an erroneous or negligent distribution to the Beneficiary, whether such error or negligence was or
was claimed to have been premised upon a mistake of law or of fact.
b. Modify and displace any otherwise applicable period limiting the time within which the Co-
Trustees' action to collect an erroneous or negligent distribution must be commenced, so as to
provide that the Bank need not commence an action to collect an erroneous or negligent
distribution to the Beneficiary until two (2) years after such time as the Bank shall have obtained
actual knowledge of such error or negligence.
The provisions of this Release shall be deemed severable in the event that one or more thereof shall
be deemed invalid or unenforceable, with the effect that the remaining provisions shall persist as if such
invalid or unenforceable pro~~ision had never been a par*. hereof. ?z: addition, *.he cers~!ctior., effect,
validity and performance of this Release shall be governed in all respects by the laws of the
Commonwealth of Pennsylvania, without regard to its conflict of laws provision.
This Release shall bind the Beneficiary, her heirs, representatives, successors, and assigns together
with any person with respect to whom the Beneficiary is a natural or appointed guardian.
The Beneficiary hereby acknowledges that this Release may be filed at any time, at the discretion of
the Co-Trustees, with any court of competent jurisdiction, and the Beneficiary consents to any such filing.
IN WITNESS WHEREOF, the Beneficiary has executed and sealed this Release on the date first
above inscribed.
~~
JOELLYN R. COLLIER
3
STATE OF ~ 1 0 '~ ~ ~ a`-
COUNTY OF ~~~
~ ed authority, personally came
On this ~~`_ Day of , 2008, before me, the undersign
'er Known to me or satisfactorily proven) to be the person whose name is subscribed to
Joellyn R CoW g ose therein contained
the within Release and acknowled ed that s/he exec ate aforesa d for the pure
Witness my hand and official seal the day and d f
~~
~ . _~ ~~~- `` -('SEAL)
C~ '~*:-
Notary Public
My commission expires:
~.~''Y A~e~,~ Karen S. Strnad
.Commission # DD466310
`~ dd` E~ires September 23, 2009
~ ~' ~ F1~1' BonCetl Tmy Fain • Inwranca, Inc 80085.1018
i
r.
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA,
ORPHANS' COURT DIVISION
r--~ ,: ,
IN RE: THE AMENDMENT AND RESTATEMENT OF TRUST AGBEEMEN~BY AND~'_
BETWEEN ELMER L. BITTER, AS SETTLOR, AND MANUFACTURERS A-~~~RAD - ',
TRUST COMPANY, SUCCESSOR BY REASON OF MERGERS TO DAUPHIN`, SIE ~ _~
-,,
BANK AND TRUST COMPANY and ELMER L. BITTER, JR., AS TRUSTEES, ~t~'D w ."-~
MARCH 10, 1986 (Hereinafter called the "Trust") - ;- ;; ~ ~ , --.~
;~~ ~ =,
N0.87 of 768 ~%~~ j
-~ ~ ~
v cp
RECEIPT, RELEASE AND INDEMNIFICATION AGREEMENT
This Receipt, Release and Indemnification Agreement (hereinafter called the "Release") is given
this ~ Day of ~ ~~ , 2008 by David B. Hurgeton, Jr. of Winter Haven, FL,
(hereinafter called the "Beneficiary") to and in favor of Manufacturers and Traders Trust Company
successor to Dauphin Deposit Bank and Trust Company and Elmer L. Ritter, Jr., Co-Trustee of the Trust
(hereinafter called the "Co-Trustees").
WITNESSETH:
WHEREAS, Elmer L. Ritter died October 22, 1987, Myron U. Ritter died March 31, 1997 and
Joan R. Hurgeton died October 25, 2007;
WHEREAS, the Beneficiary, pursuant to residuary disposition contained in ARTICLE N. l.l.c.
of the Trust (A copy of which is attached as EXHIBIT "A"), is beneficially interested in the above
referenced Trust and is entitled to one-third of the Trust assets; and
NOW, THEREFORE, intending to be legally bound hereby, the Beneficiary represents, warrants,
covenants and agrees as follows:
1. Receipt. The Beneficiary requests the above named Co-Trustees to make final distribution of the
following property and effective upon delivery to the undersigned of the property shown as
distributable in the, acknowledges receipt of such property.
DESCRIPTION AMOUNT
Income Cash $1,154.97
Principal Cash $75,269.90
Less 2007 Fiduciary Income Taxes 1/3 -356.00
Net Cash for Distribution $Z~
7 shs Pine Brook Corporation, Common Stock $~~
The Beneficiary acknowledges that the final distribution represents the Beneficiary's entire interest in
the above referenced residuary disposition contained in ARTICLE IV. l.l.c., and is being made in
full satisfaction thereof.
2
The Beneficiary does further acknowledge receipt of a First and Final Accounting of the
administration of the Trust attached as EXHIBIT "B".
2. Release. Upon having received the above described final property distribution, the Beneficiary does
by these present remise, release, quit-claim and forever discharge the Co-Trustees, their employees,
successors and assigns, from all actions, suits, payments, accounts, reckonings, claims and demands
whatsoever, for or by reason of its administration of the above referenced Trust, or any other act,
matter, cause or thing whatsoever.
3. Indemnification. In exchange for the Co-Trustees' willingness to make the final distribution
hereunder without first securing the benefit of a formal court audit, the Beneficiary agrees to
indemnify the Co-Trustees and hold them harmless, to the extent of any funds or assets received by
the Beneficiary hereunder, from and against the Beneficiary's pro rata share of any and all liabilities,
losses, damages, costs, verdicts, judgments, awards and expenses (including attorney's fees and other
costs or expenses of defense) to which the Co-Trustees may be subjected by reason of its
administration of the Trust, as well as the settlement thereof by means of an informal distribution.
The Beneficiary further agrees to:
a. Refund or return, promptly upon the Co-Trustees' written demand, any funds or assets distributed
by the Bank to the Beneficiary, if the distribution thereof is determined at any time to have been
an erroneous or negligent distribution to the Beneficiary, whether such error or negligence was or
was claimed to have been premised upon a mistake of law or of fact.
b. Modify and displace any otherwise applicable period limiting the time within which the Co-
Trustees' action to collect an erroneous or negligent distribution must be commenced, so as to
provide that the Bank need not commence an action to collect an erroneous or negligent
distribution to the Beneficiary until two (2) years after such time as the Bank shall have obtained
actual knowledge of such error or negligence.
The provisions of this Release shall be deemed severable in the event that one or more thereof shall
be deemed invalid or unenforceable, with the effect that the remaining provisions shall persist as if such
invalid er unenforceable rro~~ision had a~ever been a part hereof. In addition, the canstnuction, effect,
validity and performance of this Release shall be governed in all respects by the laws of the
Commonwealth of Pennsylvania, without regard to its conflict of laws provision.
This Release shall bind the Beneficiary, her heirs, representatives, successors, and assigns together
with any person with respect to whom the Beneficiary is a natural or appointed guardian.
The Beneficiary hereby acknowledges that this Release may be filed at any time, at the discretion of
the Co-Trustees, with any court of competent jurisdiction, and the Beneficiary consents to any such filing.
IN WITNESS WHEREOF, the Beneficiary has executed and sealed this Release on the date first
above inscribed.
~~ ~.
DAVID B. HURGETON, JR.
3
STATE OF ~( pC ~ tc`
CO[JIv'TY OF }~ ~~
On this 2~ Day of C! ~ , 2008, before me, the undersigned authority, personally came David
B. Hurgeton, Jr., Known to me (or satisfactorily proven) to be the person whose name is subscribed to
the within Release and acknowledged that s/he executed the same for the purpose therein contained.
Witness my hand and official seal the day and date aforesaid.
`-"' ~ SEAL
( )
;~4"•' "y~ i NICOLE M. COSTA Notary ublic
*~ r MY COMMISSION # DD 646880 My commission expires: ~~ Z ~"
~:` EXPIRES: April 21, 2011
'~ QF;^c:E`~~ BaxJed Thru Nota P
ry ~8c Underwriters