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HomeMy WebLinkAbout06-06-08' ~ 15056051047 J REV-1500 ~c06-o5> _ _ _. PA Departnentof Revenue County Code Year File Number Bureau oflndividual Taxes INHERITANCE TAX RETURN Po Box 2aosol 2 1 0 7 ` 1 0, 0 1 Harrisburg, PA 17128-0601 RESIDENT DECEDENT __ _ .__ ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth ' 2 0 7 0 7 8 6' 4 9` 0 9' 2 6 i 2 0` 0 7 0 ], ' 1 4 1 9' 1 7 Decedent's Last Name Suffix Decedent's First Narne MI S M I T H' J E S S I E E (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's Social Security Number FILL INAPPROPRIATE OVALS BELOW _ 1. Original Retum Spouse's First Name MI THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS 2. Supplemental Retum 3. Remainder Return (date of death prior to 12-13-82) 4. Limited Estate 4a. Future Interest Compromise (date of 5. Fed. Estate Tax Return Required death after 12-12-82) 6. Decedent Died Testate ~ 7. Decedent Maintained a LiNng Trust __j]_ 8. Total No. of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) 9. Litigation Proceeds Recei~,ed 10. Spousal Poverty Credit (date of death 11. Election to tax under Sec. 9113(A) betvveen 12-31-91 and 1-1-95) (Attach Sch O) CORRESPONDENT- THI S S ECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFI DENTIAL TAX I NFORMAiION S HOULD BE DI RECTED T0: Name Daytime Telephone Number R U T H A N' N M C M' I L L E N 7 ', 1' 7 2 5 5 2 1 0 9 ___ _ rv Firm Name (If Applicable) 7 C'~ C Frst line of address ~.~ i 2 1 3 M A R K' E T S T R E E T ~ ~~' ~" - = _. r ~ -~I _; _. Second line of address _ ,. ~ ~; ~ - r _. ._ --- . !'~ . . r ti ~ -? -) City or Post Office State ZIP Code - H A R R'I S B U-R G P A 1 7 1 0 1 Conespondent's a-mail address: Under penallies''gqf perjury, I declare that 1 have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, co rect/and complete. Dedaratlon of preparer other than the personal representative is based on all informamon of which preparer has any knowledge. SIGNA R ~OF RSON{RES I F/~~ LI URN ~~/ (_ _ '.~//t, ' ASST. ~'1__ r','.E~'!~f,.? TE __ _ _ t~ LL~``'\::- _ & TRUST OFFICER \ t~ ~~~_,,. AQD Manu cturers and Traders Trust Company 213 Market Street, Harrisburg, PA 17101 SIGNATURE OF PREPARER OTHER THAN REPRESENTATIVE DATE ADDRESS Manufacturers and Traders Trust Company 213 Market Street, Harrisburg, PA 17101 PLEASE USE ORIGINAL FORM ONLY Side 1 15056051047 15D56051047 J • REV-1500-EX 15056051047 Decedent's Name: Jessie E. Smith RECAPITULATION 1. Real estate (Schedule A) .................•••••.~~~•~••••••-----•••• 1. 2. Stocks and Bonds (Schedule B) ••••••••~~-~••••••••-~~-•••••••••~~-- 2~ 3. Closely Held Corporation, Partnership or Sole-Proprietorship (Schedule C) ... 3. 4. Mortgages 8~ Notes Receivable (Schedule D) • • • • • • - - - - • • • • • • • • • ~ ~ - - - • • • 4. 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E} ..... 5. 6. Jointly Owned Property (Schedule F) Separate Billing Requested ..... 6. 7. Inter-Vvos Transfers & Miscellaneous Non-Probate Property (Schedule G} Separate Billing Requested ..... 7. 8. Total GrossAssets(totalLinesl-7)~~-~~--••••••••••••-~~-••••••••••• 8. 9. Funeral Expenses & Administrative Costs (Schedule H) - ~ ~ - - • • • • • • • • • • • • • • 9. 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) .............. 10. 11. Total Deductions (total Lines98~10) ~~~~~~~~~~~•••••••••-•-----~---- 11. 12. Net Value of Estate (Line 8 minus Line 11) ............................ 12. 13. Charitable and Governmental BequestslSec 9113 Trusts for which an election to tax has not been made (Schedule J) • ~ ~ - ~ - ~ - - • - • • • • • • • • • • • 13. 14. Net Value Subject to Tax (Line 12 minus Line 13) •~ ••••••••••-•-• •~~- •~14. TAX COMPUTATION -SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate, or transfers under Sec. 9116 (a)(1.2) X .0 0 0 , 0 15. 16. Amount of Line 14 taxable 0 0 , 16. at lineal rate X .0 45 17. Amount of Line 14 taxable 17. at sibling rate X .12 0 0 18. Amount of Line 14 taxable 1 4 4 9 2 7 9' 3 18. at collateral rate X .15 19. Tax Due ........................................................19. 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT Side 2 15056051047 Decedent's Social Security Number 2 0 7 0 7 8 6 4 9 0 0 2 0 7 5 6 2 4 8 5 2 0 0 D 0 D 1 2 5 2 9 . 0 5 .0 D 0 D 2 2 0 6 1 1 .5 3 3 4 2 0 4 0 5 6 2 5 .3 D 3 4 8 2 9 .3 5 1 8 5 7 8 2 .1 8 4 0 8 5 4 2 5 1' 4' 4 9: 2:7 , 9 3 __ __ __ 0 0 0 D D 0 2 1 7 3' 9. 1 9 2 1 7 3 9. 1<'9' 15056051047 J REV-150Q-EX Page~3 Decedent's Complete Address: Fle Number 21 07 loos DECEDENT'S NAME Jessie E. Smith STREET ADDRESS 442 Walnut Bottom Road CITY Carlisle, STATE PA ZIP 17013 Tax Payments and Credits: 1. Tax Due (Page 2 Line 19) (1) 21, 739.19 2. Credits/Payments A. Spousal Poverty Credit . 00 B. Prior Payments . 00 C. Discount .00 Total Credit~o (A + B + C) (2) . 00 3. InteresUPenalty if applicable D. I nterest . 0 0 E. Penalty . 00 Total InteresUPenalty (D+ E) {3) . 00 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. FIII In oval on Page 2, Llne ZO to request a refund. {4) 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 21, 739.19 A. Enter the interest on the tax due. (SA) B. Enter the total of Line 5+ SA. This is the BALANCE DUE. (SB) 21, 739.19 Make Check Payable to: REGISTER OF WILLS, AGENT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred : ............................................................................ ....... X^ ^ b. retain the right to designate who shall use the property transferred or its income : .................................. ....... ~ ^ c. retain a reversionary interest; or ......................................................................................................... ....... ~ ^ d. receive the promise for life of either payments, benefits or care? ......................................................... ....... ^ X^ 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? ............................................................................................ ^ ^ 3. Did decedent own an "intrust for" or payable upon death bank account or security at his or her death? ...... ....... ^ X^ 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ....................................................................................................... ....... ^ 0 IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU M UST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent [72 P.S. 9116 (a) {1.1} (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. § 9116 (a) (1.1) (ii)]. The staAtte does not exempt a transfer in a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even I ee s~lving spspouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or younger at death ip or for the use of a natural parent, an adoptive parent, or a stepparentofthe child is zero (0) [72 P. S. '3 9116(a)(1.2)]. The tax rate imposed on the net value of transfers in or for the use of the decedents lineal beneficiaries is four and one-half {4.5} percent, except as noted in 72 P.S. ~ 9116(1.2) [72 P.S. § 9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedents siblings is twelve (12) percent [72 P.S.~9116(a)(1.3)]. A sibling is defined under Section 9102, as an individual who has at leastone parent in common with the decedent, whether by blood or adoption. ,REV-1503 EX+ (1-97) COMMONWEALTH OF PENNSYLVANIA SCHEDULE B INHERITANCE TAX RETURN STOCKS & BONDS RESIDENT DECEDENT ESTATE OF FILE NUMBER Jessie E. Smith 21-07-1001 All property Jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NO. DESCRIPTION OF DEATH 1. 1,641.439 Shs. MTB Large Cap Value-Inst 2 Fund #327 - Date of Death 22,143.01 Value - Received from Hugh 6 Jessie Smith Trust Accrued Dividend 50.88 2. 11,054.059 Shs. MTB US Government Bond Inst I Fund #822 - Date of Dea h 102,360.59 Value - Received from Hugh 6 Jessie Smith Trust 3. 933.834 Shs. STI Classic Seix Floating Rate-I - Date of Death Value - 9,002.16 Received from Hugh 6 Jessie Smith Trust 4. 1,574.64 Shs. Vanguard Value Index Fund #6 - Date of Death Value 43,885.22 -Received from Hugh & Jessie Smith Trust 5. $39.12 GNMA Pool #25697 8.5$ due 7/15/08 - Date of Death Value - 39.12 Received from Hugh ~ Jessie Smith Trust 6. 200 Shs. Du Pont E 2 De Nemours ~ Co. - Date of Death Value - Receive 9,941.00 from Hugh 6 Jessie Smith Trust 7. 600 Shs. Washington Real Estate Invt (REIT) - Date of Death Value - 19,887.00 Received from Hugh 6 Jessie Smith Trust Accrued Dividend 253.50 TOTAL (Also enter on line 2, Recapit (If more space is needed, insert additional sheets of the same size) 0 PA1S031 NTF 33300 Copyright 2000 Cueatlan d/N alto LP- Forms Software Only 207,562.48 REV-1504 Ex+ (1-97) SCHEDULE C COMMONWEALTH OF PENNSYLVANIA CLOSELY-HELD CORPORATION INHERITANCE TAX RETURN RESIDENT DECEDENT PARTNERSHIP or SOLE-PROPRIETORSHIP ESTATE OF FILE NUMBER Jessie E. Smith 21-07-1001 Schedule C-~ or C-2 (Including all supportng information) must be attached for each closely-held corporation/partnership interest of the decedent, other than asole-proprietorship. See instructions for the supporting information to be submitted for sole-proprietorships. 0 PA15041 NTF 33301 Copyright 2000 Greatland/Nalco LP-Forms Software Only (If more space is needed, insert additional sheets of the same size) .REV-ysos Ex+ (i-s~) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, $c MASC. INHERITANCE TAX RETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Jessie E. Smith 21-07-1001 include proceeds ct ~Itigation a date proceeds were received by the estate. All prop. Jointly-owned with right of survivorship must be disclosed on Sch. F. ITEM VALUE AT NO. DESCRIPTION DATE OF DEATH 1. Household Effects - Appraised Value 365.00 2. State Employees' Retirement System - Annuity 159.86 3. ~T Bank Checking Account #10041575 - Date of Death Value 2,191.42 4. Received from Embarq - Refund 11.91 5. Received from Hugh & Jessie Smith Trust - Principal Balance as of Dat 6,588.88 of Death 6. Received from Hugh 6 Jessie Smith Trust - Income Balance as of Date o 616.91 7. Received from Internal Revenue Service - Refund on 2007 Individual 123.00 Federal Income Tax Return 8. Received from Pharamerica Corporation - Refund 1,265.09 9. Received from Treasury Department - Unclaimed Property of Dividends f om 86.25 ashington Real Estate Investment Trust 10. Received from United Christ Homes - Refund 1,120.73 TOTAL (Also enter on line 5, Recapitulation) ~$ 12 , 529.05 (If more space is needed, insert additional sheets of the same size) 0 PA15081 NTF 33305 Copyright 2000 Greatlan d/Nalco LP- Forms Software Only REV-tstiEx+ (t-s~) SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES & INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Jessie E. Smith 21-07-1001 Debts of decedent must be reported on Schedule I. ITEM NO. DESCRIPTION AMOUNT A. FUNERAL EXPENSES: ~. ers-Harner Funeral Home, Inc. Funeral Expense 13,319.00 B. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative(s) Mt~T Bank /EIN No. of Personal Representative(s) 16-0538020 Street Address 213 Market Street CityHarrisburg State PA Zip 17101 Year(s) Commission Paid: 2008 2. Attorney Fees 3. Family Exemption: (If decedent's address is not the same as claimants, attach explanation) Claimant _ Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees Cumberland County Register of Wills 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Schedule attached 10,901.36 8,750.00 .00 369.00 .00 .00 864.69 TOTAL (Also enter on line 9, Recapitulation) $ 34,204.05 (If more space is needed, insert additional sheets of the same size) 0 PA15111 NTF 33308 Copyright 2000 Greatland/Nalco LP- Forms Software Only HB 7.- MISCELLANEOUS EXPENSES Estate of Jessie E. Smith Cumberland County Register of Wills 7. Reserve for Filing Costs B. Reserve for Additional Probate Fee George Haar Auctioneer 9. Appraisal of Estate Property The Patriot-News Company 10. Cost of Advertising and Proof of Publication Rhoads 6 Sinon, LLP 11. Reimbursement for Cost of Advertising and Proof of Publication in The Cumberland Law Journal 12. Out of Pocket Expenses File Number 21-07-1001 300.00 50.00 350.00 50.00 181.50 75.00 208.19 283.19 HB- MISCELLANEOUS ADMINISTRATIVE COSTS TOTAL 864.69 REV-1512 EX+ (1-97) SCHEDULE I COMMONWEALTH OF PENNSYLVANIA DEBTS OF DECEDENT, INHERITANCE TAX RETURN RESIDENT DECEDENT MORTGAGE LIABILITIES, & LIENS ESTATE OF FILE NUMBER Jessie E. Smith 21-07-1001 Include unreimbursed medical expenses. 0 PA75121 NTF 33309 Copyright 2000 Greatland/Nalco LP- Forms Software Only (If more space is needed, insert additional sheets of the same size) REV-1513 EX+ (9-00) COMMONWEALTH OF PENNSYLVANIA SCHEDULE .1 INHERITANCE TAX RETURN BENEFICIARIES RESIDENT DECEDENT ESTATE OF Jessie E. Smith FILE NUMBER 21-07-1001 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not Llst Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)) 1, Schedule attached ENTER DOLLAR AMTS. FOR DISTRIBS. SHOWN ABOVE ON LINES 15 THR OUGH 18, AS APPROPRIATE, ON R EV-1500 COVER SHEET II NON-TAXABLE DISTRIBUTIONS: A. SPOUSAL DISTRIBUTIONS UNDER SEC. 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 1. Schedule attached 40,854.25 TOTAL OF PART II -- ENTER TOTAL NON-TAXABLE DISTRIBS. ON LINE 13 OF REV-1500 COVER SHEET $ 40 , 854.25 (If more space is needed, insert additional sheets of the same size) 0 PA15131 NTF 33293 Copyright 2000 Greailand/Nalco LP-Forms Software Only SCHEDULE JI -TAXABLE DISTRIBUTIONS Estate of Jessie E. Smith NAME AND ADDRESS OF PERSON(S) NUMBER RECEIVING PROPERTY 1. Geoffrey A. Smith 5445 Miami Road Cincinnati, OH 45243 Specific Bequest per Item V(c) of the Will 2. Hugh Cover 202 Bridge Street, Floor #2 New Cumberland, PA 17070 Specific Bequest per Item V(b) of the Will 3. Robert Cover 605 E. Martin Street Jacksonville, AR 72076 Specific Bequest per Item V(b) of the Will File Number 21-07-1001 RELATIONSHIP AMOUNT OR SHARE TO DECEDENT OF ESTATE Nephew 5,000.00 Nephew 1,000.00 Nephew 1,000.00 4. Mrs. Raymond C. Equi, Jr. 2696 Berringer Station Lane Knoxville, TN 37932 Specific Bequest per Item V(c) of the Will 5. Richard M. Smith 644 Maple Trace Cincinnati, OH 45246 75~ share of Residue as per Item V(d) 9 of the Will 6. Richard M. Smith 644 Maple Trace Cincinnati, OH 45246 Household Effects 7. Richard E. Smith 315 Golden Gate Pt. Richmond, CA 94801-3813 Specific Bequest per Item V(c) of the Will 8. Mrs. Timothy P. Dinsmore 107 Lawrence Street Pepperell, MA 01463 Specific Bequest per Item V(c) of the Will Niece 5,000.00 Brother-in-Law 122,562.93 Brother-in-Law 365.00 Nephew 5,000.00 Niece 5,000.00 SCHEDULE JII B -CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS Estate of Jessie E. Smith File Number 21-07-1001 AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY OF ESTATE 1. Gettysburg College 6,536.68 Director of Planned Giving 300 N. Washington Street Campus Box 423 Gettysburg, PA 17325-1485 4~ share of Residue as per Item V (d) 8 of the Will 2. Shippensburg University Foundation Attn: John E. Clinton 1871 Old Main Drive Shippensburg, PA 17257 3~ share of Residue as per Item V(d) 7 of the Will 3. Bethesda Mission Director of Development 2101 N. Front Street Building 1, Suite 301 Harrisburg, PA 17110 3~ share of Residue as per Item V(d) 6 of the Will 4. American Red Cross PA Capital Region PO Box 4624 Lancaster, PA 17604-4624 3~ share of Residue as per Item V(d) 5 of the Will 5. United Church of Christ Home Division of Development 30 N. 31st Street Camp Hill, PA 17011 3~ share of Residue as per Item V(d) 3 of the Will 6. United Way of the Capital Region 2235 Millennium Way Enola, PA 17025 3~ share of Residue as per Item V (d) 4 of the Will 7. Shriners Hospital for Crippled Children 2900 Rocky Point Drive Tampa, FL 33607 3~ share of Residue as per Item V(d) 2 of the Will 4,902.51 4,902.51 4,902.51 4,902.51 4,902.51 4,902.51 SCHEDULE JII B -CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS Estate of Jessie E. Smith File Number 21-07-1001 AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON{S) RECEIVING PROPERTY OF ESTATE 8. Salem United Church of Christ 4,902.51 231 Chestnut Street Harrisburg, PA 17101 3~ share of Residue as per Item V(d) 1 of the Codicil of the Will JII B - CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS 40,854.25 ' ~t"~+ ia"'~ ~ '~ Bivoiv .,.: ~'~~- ' ATTORNEYS A'T LAW .: ....nom+~ - ~~~ ;r. AGREEMENT OF TRUST THIS AGREEMENT made and entered into this ~`~- day of ~~~~^~ _ 1988, by and between HUGH E. SMITH and JESSIE E. SMITH, of Cumberland County, Pennsylvania, hereinafter called the "Settlors", and DAUPHIN DEP05IT BANK AND TRUST COMPANY, a banking corporation with its principal office located in Harrisburg, Dauphin County, Pennsylvania, hereinafter called the "Trustee". WITNESSETH: WHEREAS, the Settlors are the owners of certain assets more fully described in Schedule "A", attached hereto and made a part hereof; and WHEREAS, the Settlors are desirous of placing the active management and control of certain property in the hands of the Trustee; and WHEREAS, the Settlors intend that all of their rights and interests hereunder shall be held by Settlors as tenants by the entireties during their joint lifetimes. NOW, THEREFORE, for and in consideration of their mutual covenants and promises, the parties agree as follows: ARTICLE I. The Settlors hereby transfer and convey to the Trustee the assets listed on Schedule "A" attached hereto and made part hereof, and the Trustee, in consideration thereof, agrees to hold and administer said assets and any additions thereto, IN TRUST NEVERTHELESS, for the following uses and purposes: 1. To have, hold, manage, invest and reinvest the same, to collect the income and to pay over the net income in quarterly installments, after payment of all proper charges and expenses, to Settlors during their lifetime, and then to the survivor, during his or her lifetime. The Trustee is authorized and directed to pay and use such portion or all of the principal of the Trust assets as it, in its sole discretion, from time to time, shall deem necessary to provide for the proper maintenance, support, medical, hospital, nursing or nursing home care of the Settlors or the surviving Settlor. 2. The Trustee at all times shall have the power to pay either from the principal or income of the Trust assets any outstanding bills or obligations owing by the Settlors or the surviving Settlor. 3. The Trustee shall pay such portion or all of the principal of the Trust assets to the Settlors or to the surviving Settlor as they or he or she may from time to time request. - 2 - 4. Upon the death of the survivor of the Settlors during the existence of this Trust, the Trustee shall pay over all then assets of the Trust, whether corpus or income, to the Executor or Administrator of the Estate of the surviving Settlor, to be distributed as part of the assets of that Estate. ARTICLE II. The Settlors during their point lives or the surviving Settlor may at any time alter, modify, amend or revoke any or all of the provisions of this Trust Agreement, and add additional assets to this Trust. ARTICLE III. The Trustee shall render annual statements of the receipts and disbursements of income and principal of the Trust to the Settlors. ARTICLE IV. During the continuance of the foregoing Trust, the Trustee shall possess, among others, the following powers, exercisable in all events, for the best interests of the Settlors: 1. To retain any property or investments which the Settlors have herein transferred and conveyed in trust, as long as the Trustee may deem it advisable so to do. 2. To vary investments, when deemed desirable by the Trustee, and to invest in such bonds, stocks, notes, real estate mortgages or other securities or in such other property, real or personal, as it shall deem wise, without being restricted to 3 - so-called "legal investments", and without being limited by any statute or rule of law regarding investments by fiduciaries. 3. To sell either at public or private sale and upon such terms and conditions as the Trustee may deem advantageous, any or all real or personal estate or interest therein owned by the Trust severally or in conjunction with other persons, and to consummate said sale or sales by sufficient deeds or other instruments to the purchaser or purchasers, conveying a fee simple title, free and clear of all trust and without obligation or liability of the purchaser or purchasers to see to the application of the purchase money or to make inquiry into the validity of said sale or sales; also, to make, execute, acknowledge and deliver any and all deeds, assignments, options or other writings which may be necessary or desirable, in carrying out any of the powers conferred upon the Trustee in this paragraph or elsewhere in this instrument. 4. In the discretion of the Trustee, to unite with other owners of similar property in carrying out any plans for the reorganization of any corporation or company whose securities form a part of the Trust assets. 5. To place and carry any asset of the Trust in the name of a nominee. - 4 - 6. To assign to and hold in the Trust an undivided portion of any asset. 7. To make any division of the principal of the Trust assets or any distribution of the assets partly or wholly in kind. If such division or distribution is made in kind, said assets are required to be divided or distributed at their respective values on the date or dates of their division or distribution. 8. To pay all costs, taxes, expenses, compensation and charges in connection with the administration and termination of the Trust and in connection with the settlement of either Settlor's Estate. 9. To do all other acts in its judgment deemed necessary or desirable for the proper and advantageous management, investment and distribution of the Trust assets. 10. To mortgage real estate, and to make leases of real estate, extending beyond the term of the Trust hereunder. 11. To borrow money and to assign and pledge assets of the Trust therefor. - 5 - 12. L+Ilienever and as often as the Settlors or the surviving Settlor, to whom payments of income and principal are herein directed to be made, shall be unable to act, or shall lack ability, or, in the sole judgment of the Trustee, shall otherwise be unable to apply such payment; to the Settlors' or the surviving Settlors own best interest and advantage, the Trustee may make all or any portion of such payments in any one or more of the following Ways: (a) Directly to such Settlors or to the surviving Settlor. (b) To the Legal Guardian or Conservator of the Settlors or to the surviving Settlor. (c} To a relative of such Settlors or of the surviving Settlor to be expended by such relative for the benefit of the Settlors or the surviving Settlor. (d) By the Trustee expending the same for the benefit of the Settlors or the surviving Settlor. ARTICLE V. It is the intention of the parties to be legally bound by this instrument. ARTICLE VI. This Trust shall be governed by the laws of Pennsylvania, and its situs shall be Cumberland County, Pennsylvania. ARTICLE VII. No part of the income or principal of the property held under the Trust created hereunder shall be subject to - 6 - attachment, levy or seizure by any creditor, spouse, assignee or trustee or receiver in bankruptcy of any beneficiary prior to his or her actual receipt thereof. The Trustee shall pay over the net income and the principal to the parties herein designated, as their interests may appear, without regard to any attempted anticipation (except as specifically provided herein), pledging or assignment by any beneficiary under the Trust created hereunder, and without regard to any claim thereto or attempted levy, attachment, seizure or other process against any beneficiary. ARTICLE VIII. Trustee shall be entitled to compensation in accordance with its standard schedule of fees in effect when the services are rendered. IN WITNESS WHEREOF, HUGH E. SMITH and JESSIE E. SMITH, Settlors, have hereunto affixed the their hands and seals and DAUPHIN DEPOSIT BANK AND TRUST COMPANY, Trustee, has caused this Agreement of Trust to be signed by its (Vice) President, attested by its (Asst.) Secretary and affixed hereunto its corporate seal under authority of its Board of Directors and all on the day and year first above written. WITNESS: SETTLORS: ,E _ / :' 1r ~,<~~- ;~~,rrr,'.:f'Zf, (SEAL) ~" Hugh E. Smith c, _I- ~~ ;~: C:; ~~,~,, `, ~ (SEAL) Jessie E. Smith `~ i - 7 - ATTEST: ~; ~ ~~,} -- (As"s .) Secretary TRUSTEE: DAUPHIN DEPOSIT BANK AND TRUST COMPANY ~\ By _ ~-- F ~ ______,-~, "'~~~c ,(Vice) Preside \ (SEAL) SCHEDULE "A" 90 174 50 15 Shares 100 Shares 34 Shares 20 Shares 45 Shares 10 Shares ~2 Shares 0 Shares 10 Shares American Information Techologies Corporation, Common American Telephone and Telegraph Company, Common Baltimore Gas and Electric Company, Common Bell Atlantic Corporation, Common Bell South Corporation, Common Consolidated Gas Electric Light and Power Compan~yr, Common Core State Financial Corporation, Common Corning Glass Works, Common Crystal Brand Incorporated, Common 440 Shares Dauphin Deposit Corporation, Common 55 Shares Eastman Kodak 100 Shares 40 Shares 100 Shares 80 Shares 720 Shares 100 Shares 20 Shares 400 Shares 20 Shares 40 Shares 100 Shares 100 Shares 30 Shares 20 Shares 44 Shares 12,151.45 13,000.00 6,527.51 32,179.17 87.84 16,119.69 32,210.76 5,000.00 10,000.00 25,000.00 ,375.00 2,500.00 Shares AMP Incorporated, Common Shares American Electric Power Company Shares American Home Products E. I. DuPont De Nemours and Company, Common Exxon Corporation, Capital General Mills Incorporated, Common The Gillette Company, Common The Gillette Company, Common International Business Machines Corporation, Cap=ital International Harvester Company, Common New View Corporation, Common NYNEX Corporation, Common Pacific Telesis Group, Common Pennsylvania Power & Light Company, Common Pittsburgh and West Virginia Railroad Southwestern Bell Corporation, Common U. S. West Incorporated, Common West Point-Pepperelli Incorporated, Common Commonwealth National Bank, Money Market #11-0-0001471 Dauphin Deposit Bank, Certificate of Deposit #21793 Hill Financial, Passbook Savings Account #003-000-3531 Janney Montgomery Scott-Trust for U.S. Treasury Obligations Janney Montgomery Scott-Trust for U.S. Treasury Obligations Janney Montgomery Scott-Trust for U.S..Treasury Obligations Acct. #04249405-4 Acct. #0427$053-1 Acct. #04275053-1 Merril Lynch - CMA Money Fund West Shore Area Hospital Authority, Hospital Revenue Bond #IIR-R 5 U. S. Treasury Note, Series C-1887 dated 05/15/84 GNMA 8.50 #25697 dated 09/10/82 U. S. Treasury Series E Bonds U. S. Treasury Series HH Bonds Hugh E. Smith and Jessie E. Smith, Settlors Dauphin Deposit Bank and Trust Company, Trustee SCHEDULE "A" COMMONWEALTH OF PENNSYLVANIA ) } SS: COUNTY OF DAUPHIN } On this, the ~.,lC;~l~ day of pwl~t~.R 1988, before me, the ;-~-: undersigned officer, personally appeared HUGH E. SMITH and JESSIE E. SMITH, known to me to be the persons whose names are subscribed to the within instrument, and separately and severally acknowledged that they executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Notary Public My Commission Expires: P'~ ' _ 7 it (SEAL) .~, L s: ~, COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF DAUPHIN ) On this, the ',~3~ day of ~ ,~~r. 1988, before me, the undersigned officer , personally appeared ~E®RGE ~'. A~icKEOl~I who acknowledged himself to be tie ~x~cu~ive ~;~e ~'~-~~~~`~~ of DAUPHIN DEPOSIT BANK AND TRUST COMPANY, Harrisburg, Pennsylvania, a corporation, and that he as such ,~- v.t ~~:,~; ~r;,~ ~~ .~~ly>~~~,being authorized to do so, executed the foregoing Agreement of Trust for the purposes therein contained by signing the name of • the corporation by himself as IN WITNESS WHEREOF, I hereunto set my hand and official seal. ,.~ , ~' i ,~ I Notary Public My Commission Expires: (SEAL) ARN^Y F.": Pt P, PdL`FxISOPt, P~CT;~,2Y fU" LiC N~RRIt'£O'?G, DAi.~?H!.t( ~"J!dTY RrY C(lfrfhhlsSlOY ~YP~ini:S OCT. 30, 19SO 6s~mt~er. Pennsylv,~ia kssociatk;r c. P:cta,~2s . CODICIL • TO THE LAST WILL AND TESTAMENT OF JESSIE E. SMITH I, JESSIE E. SMITH, of Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do make, publish and declare this to be a Codicil to my Last Will and Testament dated November 9, 1990. ITEM 1: I hereby revoke subparagraph I of paragraph (d) of ITEM V of my said Will and, in lieu thereof, provide the following new subparagraph V(d)1: 1. THREE PERCENT (3~) to SALEM UNITED CHURCH OF CHRIST, 231 Chestnut Street, Harrisburg, Pennsylvania, to be added to its endowment fund. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this Codicil to my Last Will and Testament, consisting of this one (1) page, this -N, ~_ day of _ ~ 0'~ r~~~ ~ r 1994. ~ `~~ S t ~, ~ ~ ~ ~ ( SEAL ) Jess. Smith We, the undersigned, hereby certify that the foregoing Codicil was signed, sealed, published and declared by the above-named Testatrix as and for a Codicil to her Last Will and Testament, in the presence of us, who at her request and in her presence and in the presence of each other, have hereunto set our hands and seals the day and year above written, and we certify that at the time of the execut' n thereof, the said Testatrix was; of sound and disposing mind and ~, '/~// . - ~'~ ~~ ( ) Residing at:~~ ~~,.~`:t~1'~j :~;;~.. l': , ~~~._l ~ `~'_" : ~^~ ~,,:7~~~ ;(SEAL) (SEAL) 60 69 r ~ J f Residing at: ~-~ ~}•<~ ~ ~"" Residing at: /p/(~ ~;~y~Q„v/ ~_ _,,. ~ ~ ~_ ~ t +- CODICIL TO THE LAST WILL AND TESTAMENT OF JESSIE E. SMITH I, JESSIE E. SMITH, of Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do make, publish and declare this to be a Codicil to my Last Will and Testament dated November 9, 1990. ITEM l: I hereby revoke sub-paragraph 9 of paragraph (d) of ITEM V of my said Will and, in lieu thereof, provide the following new subparagraph V(d) 9: "9. The balance of said rest, residue and remainder to my brother-in-law, RICHARD M. SMITH, if he survives me, or if he does not survive me, to his wife, VIRGINIA B. SMITH, if she survives me. If RICHARD M. SMITH and VIRGINIA B. SMITH both fail to survive me, then I give the balance of my said residuary estate to RICHARD M. SMITH's issue living at my death, per stirpes. It is hoped that this bequest will enrich the lives of Richard and Virginia and their family as much as they have enriched our lives." _ _ . _. _ _ _ . ,.~ _ ~ _ t ,, ,~ ~ IN WITS WHEREOF, I have hereunt~set my hand and seal to this Codicil to my Last Will and Testament, consisting of t-+'~ ~~- this and the preceding page, this `i ~ day of ~ ~ i{ ~ ~~-' , :_'+-, 1991. ,_ _ r-- _~,;~ ^~~ (SEAL) Jessie E. Smith :~ We, the undersigned, hereby certify that the foregoing Codicil was signed, sealed, published and declared by the above- named Testatrix as and for a Codicil to her Last Will and Testament, in the presence of us, who at her request and in her preserce and iII tiG presence of each other, have hereunto set our hands and seals the day and year above written, and we certify that at the time of the execution thereof, the said Testatrix was of sound and disposing mind and memory. ~' / ~ -' (~ -'."~~_ ` %I• ; .. (SEAL) Residing at : f~, ~`~ 1 ~ ~,:L.~.~} ~~ f`;, ,.~--~ ~` (SEAL) Residing at: ~~'7 T!S'tc5y,~l1(l1~~~- 1 ICI/ tj~'t~'r i r'H ~ /L 3 _3 (SEAL) Residing at: ~~.` ~ ,/~1~~~,, ._ ~ ` f"~ _. i • LAST WILL AND TESTAMENT OF JESSIE E. SMITH I, JESSIE E. SMITH, of Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils by me at any time previously made. ITEM I: All inheritance, estate and similar taxes becoming due by reason of my death ("Death Taxes" ). whether such Death Taxes shall be payable by my estate or by any recipient of any property, shall be paid by my Executor out of my residuary estate (before the calculation of any shares thereof) as an expense and cost of administration of my estate. luty Executor shall have no duty or obligation to obtain reimbursement for any Death Taxes paid by my Executor, even though paid with respect to proceeds of insurance or other property not passing under this Will. ITEM II• I hereb ov r ~- y e_ci~e all powers of appointment which I may have at the time of my death in favor of my Executor, and all property subject to all such powers of appointment shall be included in my estate and be governed by the provisions of this Will. Page 1 of 7 pages ,~ ___ -~-~------~--~-.T-~--- ----~-_ ,~ • ITEM III: I give and bequeath all of my household furniture and furnishings, automobiles, books, pictures, jewelry, china, crystal, appliances, silverware, wearing apparel and all other like articles of household or personal use or adornment to my husband, HUGH E. SMITH ("My Husband"), if he survives me. If My Husband does not survive me, I give such articles to my brother-in-law, RICHARD M. SMITH, if he survives me. My brother-in-law may distribute any or all such personal property he receives hereunder to such persons as he deems appropriate. If My Husband and my said brother-in-law both fail to survive me, I give such articles to my said brother-in- law's children living at my death in as nearly equal shares as they shall select under the supervision of my Executor. If any such articles cannot be fairly divided or distributed in kind in the opinion of my Executor, such articles shall be sold and the proceeds thereof shall pass as a part of my residuary estate. ITEM IV: I give, devise and bequeath all the rest and residue of my property, real, personal and mixed, not disposed of in the preceding portions of this Will, to My Husband, HUGH E. SMITH, if he survives me. ITEM V: If My Hu:,?~a::d does not survi~-2 me: (a) I give and bequeath the sum. of SEVEN THOUSAND FIVE HUNDRED ($7,500.00) to my brother, CARL F. HATTER, now of Annandale, Virginia, if he survives me, or if he does not survive me, to his wife, ETHEL HATTER, if she survives me. I ~~ave provided this bequest as an expression of my appreciation to my brother who Page 2 of 7 pages ~~ ti F ;~ .- . - .. .. _. ..k;~o .__..,i, listened to ~ and counseled me countle hours during • childhood and later years. (b) I give and bequeath the sum of ONE THOUSAND DOLLARS ($1,000.00) each to My Husband's nephews, JOHN COVER, ROBERT COVER and HUGH COVER, if living at my death. (c) I give and bequeath the sum of FIVE THOUSAND DOLLARS ($5,000.00) each to My Husband's nieces and nephews,,who have given me many joyous hours, RICHARD E. SMITH, GEOFFREY A. SMITH, MRS. RAYMOND C. EQUI, JR. and MRS. TIMOTHY P. DINSMORE, if living at my death. (d) I give, devise and bequeath all of the rest, residue and remainder of my estate, not disposed of in the preceding portions of this Will, as follows: 1. THREE PERCENT (3%) to the HARRISBURG HOSPITAL FOUNDATION, South Front Street, Harrisburg, Pennsylvania. 2. THREE PERCENT (3%) to the SHRINERS HOSPITAL FOR CRIPPLED CHILDREN, a Colorado not-for-pro°it corporation, 2900 Rocky Point Drive, Tampa, Florida, for the use and benefit of all the hospitals owned and maintained by such corporation. 3. THREE PERCENT (3%) to the UNITED CHURCH OF CHRIST HOME, Annville, Pennsylvania. 4. THREE PERCENT (3%) to the UNITED WAY OF THE CAPITAL REGION, Harrisburg, Pennsylvania, to be added to its endowment fund. 5. THREE PERCENT (3%) to the AMERICAN RED CROSS, .?ennsylvania Capital Region Chapter, 1804 North Sixth Street, Harrisburg, Pennsylvania.. 6. TI~IREE PERCENT (3%) to the BETHESDA MISSION, Harrisburg, Pennsylvania, 7. THREE PERCENT (3%) to the SHIPPENSBURG UNIVERSITY FOUNDATION, Shippensburg, Pennsylvania. Page 3 of 7 pages ~ ~ ' 8. FOUR PERCENT (4%) to GETTYSBURG COLLEGE, Gettysburg, Pennsylvania, in memory of my uncle and his wife, Mr. and Mrs. George G. Hatter. 9. The balance of said rest, residue and remainder to my brother-in-law, RICHARD M. SMITH, if he survives me, or if he does not survive me, to his issue living at my death, per stirpes. It is hoped that this bequest will enrich the lives of Richard and his family as much as he, Virginia and their children have enriched our lives. ITEM VI: No interest in income or principal of my estate shall be subject to attachment, levy or seizure by any creditor, spouse, assignee or trustee or receiver in bankruptcy of any beneficiary of my estate prior to the beneficiary's actual receipt thereof. My Executor shall pay over the net income and the principal to the beneficiaries herein designated, as their interests may appear, without regard to any attempted anticipation (except as may be specifically provided herein), pledging or assignment by any beneficiary of my estate and without regard to any claim thereto or attempted levy, attachment, seizure or other process against said beneficiary. ITEM VII: Any person, who shall have died at the same time as I or under such circumstances that it is difficult or impossible to determine who shall have died first, shall be deemed to have predeceased me. ITEM VIII: In the settlement of my estate, my Executor shall possess, among others, the following '~ powers to be exercised for the best interests of the beneficiaries: Page 4 of 7 pages • ',. (a) To~etain any investments I may have at my death so long as my Executor may deem it advisable to my estate so to do. (b) To vary investments, when deemed desirable by my Executor, and to invest in such bonds, stocks, notes, real estate mortgages or other securities or in such other real ar personal property as my Executor shall deem wise, without being restricted to so-called "legal investments." (c) In order to effect a division of the principal of my estate or for any other purpose, including any final distribution of my estate, my Executor is authorized to make said divisions or distributions of the personalty and realty partly or wholly in kind. If such division or distribution is made in kind, said assets shall be divided or distributed at their respective values on the date or dates of their division or distribution. In making any division or distribution in kind, my Executor shall divide or distribute said assets in a manner which will fairly allocate any unrealized appreciation among the beneficiaries. (d) To sell either at public or private sale and upon such terms and conditions as my Executor may deem advantageous to i1y estate, any or all real or personal estate or interest therein owned by my estate severally or in conjunction with other persons or acquired after my death by my Executor, and to consummate said sale or sales by sufficient deeds or other instruments to the purchaser or purchasers, conveying a fee simple title, free and clear of all trust and without obligation or liability of the purchaser or purchasers to see to the application of the purchase money or to make inquiry into the validity of said sale or sales; also, to make, execute, acknowledge and deliver any and all deeds, assignments, options or other writings which may be necessary or desirable in carrying out any of the powers conferred upon my Executor in this paragraph cr elsewhere in this Will. (e) To borrow money from any party, including my Executor, to pay indebtedness of mine or of my estate, expenses of administration, Death Taxes or other taxes. (f) To pay all costs, Death Taxes or other taxes, expenses and charges in connection with the administra- tion of my estate, and my Executor shall pay the expenses of my last illness and funeral expenses. Page 5 of 7 pages rd`` s~ ' ~ ., !rr ,'~ vote an shares of stock which form a part " " of my estate or trust and to otherwise exercise all the powers incident to the ownership of such stock and to actively manage and operate any unincorporated business, including any joint ventures and partnerships, and to incorporate any such unincorporated business, with all the rights and powers of any owner thereof. (h) To compromise controversies. ITEM IX: If at any time any minor shall be entitled to receive any assets free of trust by reason of my death, whether payable hereunder, by operation of law or otherwise, I appoint DAUPHIN DEPOSIT BANK AND TRUST COMPANY, as Guardian of such assets authorized by law payable to such minor. The Guardian may receive, administer and shall have full authority to use such assets, both principal and income, in any manner the Guardian shall deem advisable for the best interests of the minor, including college, university, graduate or other education, without securing a court order. The Guardian shall have all the rights and privileges in its capacity as Guardian as are herein granted to my Executor as to my estate. ITEM X• I hereby appoint My Husband, HUGH E. SMITH, as Executor of this Will. If for any reason he should fail or cease to act, I appoint DAUPHIN DEPOSIT BANK AND TRUST COMPANY, and my brother-in-law, RICHARD M. SMITH, as Co- Executors and if my brother-in-law for any reason should fail or cease to act, DAUPHIN DEPOSIT BANK AND TRUST COMPANY shall act alone. All references in this Will to my "Executor" shall also i • refer to my successor Co-Executors or Executor, as the case may 1 ~~ be. ITEM XI• Any Guardian or Executor shall qualify and serve without the duty or obligation of filing any bond or other security. My corporate fiduciary shall be entitled to compensation for services in accordance with the standard schedule of fees in effect when the services are rendered. I direct that the law firm of Rhoads & Sinon shall be employed as the attorney for my estate. IN WITNESS WHEREOF, I have set my hand and seal to this, my Last Will and Testament, consisting of this and the preceding six (6) pages, this ~~~ da of bra- 1990. Y ` lc~~; :~~ ~_ i~, ~ S ~'~~ S ; ~ nn .~ (SEAL) Jessie E. Smith We, the undersigned, hereby certify that the foregoing Will was signed, sealed, published and declared by the above- named Testatrix as and for her Last Will and Testament, in the presence of us, who, at her request and in her presence and in the presence of each other, have hereunto set our hands and seals the day and year above written, and we certify that at the time of the execution thereof, the said Testatrix was of sound and disp~,ps~g mind an memory. _ ~ .i `~ j r (SEAL) Residing at: x="7`1 ~~~~~~~ (,~~ ~~uc~{ ~' ~~1.~..~.:L~.-e.~ (SEAL) t-2esiding at: G~.~-,~ ~~~ ~'~` ',. Page 7 of 7 pages .~ ~~ Residing at: ~' -,~.~ ~C'/ r' „ ~!'-' 11-14-' 07 13:28 F130h1- T-027 P002/003 F-108 ~ •. t • . Q MBTB 499 Milchcll Road, Millsboro, Dfi 199GG Mail Codc llt~ M[3-12 Phone (888) 502-4349 Pax (302))34-2955 November 14, 2007 Estate of: Jessie E Smith M&T Trust Company Mail Code PAl-HM21 P O Box 2961 Harrisburg, Pennsylvania 17105-2961 Re: Estate of.• Jessie l; Smith Social Security: 207-07-8649 Date~Death: ,Septetnher 26, 2007 Dear Sir or Madam.: Per yow~ inquiry dated November 09, 2007, please be advised that at tine time of death, the above-named decedent had on deposit with this bank the following: Type ofAccourtt Cl:eckingtlccou»t ,4c•cou»t Nu»rbc)• ]004/575 Ownership (Nu„res• oJ) Hugh E Smtih Jessie E Smith Ope»i»g Date 08/28/88 13u1a»ce oar Date of Deat1: $2,191.92 Accrued Itlteres•t $ Q(TO Tolal $2,191.42 Please contact the Wes[ Shore Plaza Oflicc for the possible existence of a safe deposit box. * I2' upott reviewing the information above, you believe there are additional accounts not referenced, please provide us with an account number and/or the name of any possible joint account holder. For any additional informatiwt on the above accowits, including ownership and any changes, closures and/or reimbursement of funds, please call the West Shore Plaza OI'licc # 717-255-2271. Sincerely, ~ ~ i Nancy Clag`ett ~1 Records Management x .. Estate Valuation Estate of: Jessie Smith Date of Death: 09/26/2607 Account: 1109823929 Valuation Date: 09/26/2007 Report Type: Date of Death Processing Date: - 11/09!2007 Number of Securities: 10 File ID: Smith, Jessie Mean andlor Div and L^.t Security Shares Security i i High/Ask Low/Bid Adjustments Accruals Value or ?ar on pt Descr 6,588.68 1) 6588.88 Cash (CASH) MTE GROUP FDS MMKT INSTL I 2i 69.02 GNN.A PP.SS-THRU X S_NGLE FAMILY (362059RS9) Financial Times Interactive Data Mat: 07/'.5/2008 B.SODo Fact: 0.0025642 09/26/2007 101.32999 A/B 17 0 101.329987 . 3) 200 D'J PONT E I DE NEMOURS & CO (263539109) COM Nea~ York Stock Exchange C9I26/2007 50.10000 99.31000 F_/L 99.705000 9,99;.00 9) 600 WASHINGTON REAL ESTATE INVT TR (939653101) SH BEN INT New York Stock Exchange 09/26/2007 33.93000 32.66000 H/L 33.195000 19,887.00 Div: 0.9225 Ex: 09/12/2007 Rec: 09/19/2007 Pay: 09/28/2007 253.50 ~, 1691.939 MTB GROUP FDS (553767668) LCP VAL INST I Mutual Fund {as quoted by NASDAQ) 09/26/2607 ?3.49000 Mkt 13.490000 22,143.01 Div: 0.031 Ex: 09/20/2007 Rec: 09/19/2007 Pay: 0 9/27/2007 50.88 6) 1579.69 VANGUARD INDEX FDS (922908905) 'v'ALJE PT FL Mutual Fund (as quoted by NASDAQ) 09/26/2007 27.87000 Mkt 27.870000 43,885.22 7; 11059.059 MTB GROUP FDS (55376V705) US GV BD I I Mutual Fund las quoted by NASDAQ) 09/26/2007 9.26000 Mkt 9.260000 102,360.59 933.834 STI CLASSIC FDS (78976A587) SEI:~. FLRT HI I Mutual Fund (as quoted by NASDAQ) 09/26/2007 9.69000 Mkt 9.690000 9,002.16 9) 50.88 Cash (CASH) 50.88 101 616.91 Cash (CASH) 616.91 MTB GROUP FDS MMKT INSTL I Tcta1 Value: $219,97.82 Total Accrual: 5309.38 To*_al: $214,780.20 __ Page 1 This report was produced with EstateVal, a product of Estate Valuations & Pricing Systems, Inc. If you have questions, p-lease coctact EVF Systems at (818J 313-6300 or www.evpsys.com. iRevision x.0.3) ~ r GEORGE HAAR AUCTIONEER 933 W. SIDDONSBURG RD. DILLSBURG, PA 17019 t~ JESSE E. SMITH ESTATE ~, 442 WALNUT BOTTOM ROAD THORNWALL MANOR CARLISLE, PA. 17013 LISTED BELOW IS MY APAB VE NAMEDHESTATE~ FURNISHINGS FOR THE MISC STUFFED TOYS - BAROMETER MISC DECORATIONS ELECTRIC CLOCK MISC BEDDING AFGHAN SEVERAL CHRISTMAS DECORATIONS BEDDING, SHEETS, BLANKETS ETC. ZENITH COLOR TABLE MODEL TV CHILDS CHAIR NEST OF 3 TABLES MAHOGANY CHEST MAHOGANY DRESSER W/MIRROR MAHOGANY NITE STAND MODERN 2PC SECRETARY DESK 3 PICTURES PARLOR LIGHT WHAT NOT SHELF LUGGAGE WOOL RUG DESK CHAIR MISC ITEMS 6 BOXES CLOTHING 6.00 3.00 5.00 3.00 3.00 3.50 10.00 25.00 5.00 15.00 - 50.00 - 50.00 20.00 75.00 3.00 50.00 4.00 1.00 25.00 5.00 3.50 N.A. TOTAL APPRAISAL $365.00 GEORGE HAAR UCTIONEER 933 W. SIDDONSBURG ROAD DILLSBURG, PA. 17019 PHONE 717-432-3815 - Register of Wills of CUMBERLAND INVENTORY Estate of Jessie E. Smith also known as County, Pennsylvania 21-07-1001 No. Date of Death 09/26/2007 Deceased Social Security No. 207-07-8649 Manufacturers and Traders Trust Compsny Personal Representative(s) of the. above Estate, deceased, verify that the items appearing in the following Lwentory include all of the personal assets whea~eves situate and all of the real estate in the Commonwealth of Pennsylvania of said Decedent, that the valuation placed opposite each item of said Inventory represents its fair value as of the date of the Decedent's death, and that Decedent owned no real estate outside of the Commonwealth of Pennsylvania exe.ept that which appears in a memorandum at the end of this Inventory. 1lWe verify that the statements made in this Inventory are true and correct. i/We understand that false statements herein are made subject to the penalties of ] 8 Pa. C.S. Section 4904 relating to unsworn falsification tq~uthorities. ASST. VICE Pi:ES:DEiJT Personal Represent iye UST OFFICER Name of Rhoads & Sinon, LLP L ~J , ~ '~ Atternev: _Stanley A. Smith, Esquire Signature >:%'>!~ ..%~~~ .f ~~ Ma facturers and Traders Trust Co. 1 D No 3~78~ ~ Signature: Address: One South Market Square Harrisburg, PA 17108 Telephone. (717) 233-5731 Description Address: 213 Market Street Harrisburg, PA 17101 Telephone: (717) 255-2109 Dated. (See continuation page(s) attached) (Attach additional sheets if`necessary) Value ;tea c:~ n -i ~,=„ ~ ~ t ~ r _ __ -; ; tT+ - `-- :!~ ~ = C " - ,..~ ~~ ~ N ' .v ~ ~~, ~~ Total $ 254 , 816.49 NOTE. The Memorandum of real estate outside the Convi~onwealth of Pennsylvania may, at the election of the personal representative, include the value of each item, but such figures should not be extended into the total of the Inventory. Prepared b~~ the Pennsylvania Bar Association Copyn~ht O ]996 form software only CP Systems, hoc- Form #R~~~-7 (1992) WILL NUMBER: 21-07-1001 INVENTORY FOR THE ESTATE OF JESSIE E. SMITH Who Died on 09/26/07 Bonds $39.12 GNMA Pool #25697 8.5o due 7/15/08 - Date of Death Value - Received from Hugh & Jessie Smith Trust 39.12 Stocks-Closely Held 400 Shs. New View Corporation 520.00 Common Stocks 200 Shs. Du Pont E I De Nemours & Co. - Date of Death Value - Received from Hugh & Jessie Smith Trust 9,991.00 600 Shs. Washington Real Estate Invt (REIT) - Date of Death Value - Received from Hugh & Jessie Smith Trust 19,887.00 Accrued Dividend 253.50 Life Insurance Policies Northwestern Mutual Life Insurance Policy #2960552 12,271.93 Northwestern Mutual Life Insurance Policy #5124079 21,933.53 Personal Effects Household Effects - Appraised Value 365.00 Mutual Funds FORWARD $ 65,210.58 - 1 - WILL NUMBER: 21-07-1001 INVENTORY FOR THE ESTATE OF JESSIE E. SMITH Who Died on 09/26/07 FORWARD $ 65,210.58 Mutual Funds (cont'd) 1,641.439 Shs. MTB Large Cap Value-Inst I Fund #327 - Date of Death Value - Received from Hugh & Jessie Smith Trust 22,193.01 Accrued Dividend 50.88 11,054.059 Shs. MTB US Government Bond Inst I Fund #822 - Date of Death Value - Received from Hugh & Jessie Smith Trust 102,360.59 933.834 Shs. STI Classic Seix Floating Rate-I - Date of Death Value - Received from Huah & Jessie Smith Trust 9,002.16 1,574.64 Shs. Vanguard Value Index Fund #6 - Date of Death Value - Received from Hugh & Jessie Smith Trust 43,885.22 Other State Employees' Retirement System - Annuity 159.86 Bank Accounts M&T Bank Checking Account #10041575 - Date of Death Value 2,191.42 Cash Received from Embarq - Refund 11.91 Received from Hugh & Jessie Smith Trust - Principal Balance as of Date of Death 6,588.88 Received from Hugh & Jessie Smith Trust - Income Balance as of Date of Death 616.91 FORWARD $'~ 252,221.42 - 2 - WILL NUMBER: 21-07-1001 INVENTORY FOR THE ESTATE OF JESSIE E. SMITH Who Died on 09/26/07 FORWARD Cash (cont'd $ 252,221.92 Received from Internal Revenue Service - Refund on 2007 Individual Federal Income Tax Return 123.00 Received from Pharamerica Corporation - Refund 1,265.09 Received from Treasury Department - Unclaimed Property of Dividends from Washington Real Estate Investment Trust 86.25 Received from United Christ Homes - Refund TOTAL PRINCIPAL RECEIPTS 1,120.73 $ 254,816.99 -------------- ------------ - 3 -