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Home My WebLink About98-0259 COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION N0. 21-98-259 TRUST B UNDER THE WILL OF ADELE W. FOX, AS REFORMED BY COURT ORDER DATED DECEMBER 3, 1999 --------------------------------------- --------------------------------------- FIRST AND INTERIM ACCOUNT OF ACCOUNT OF Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust Company, Trustee Date of Death: March 20, 1998 Date of Trustee's first receipt of funds: August 19, 2004 Accounting for the Period: August 19, 2004 to May 31, 2008 Purpose of Account: Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust Company, Trustee, offers this account to acquaint interested parties with the transactions that have occurred during this administration. It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with: Manufacturers and Traders Trust Company Successor to Dauphin Deposit Bank and Trust Company 213 Market Street Harrisburg, PA 17101 (717) 255-2109 or Robert R. Church, Esquire Keefer, Wood, Allen & Rahal, LLP 210 Walnut Street P.O. Box 1~.96~. , ._ -. ''. )~ Harrisburg, PA 17108-196§iG ~ ,.~ ", ~~.,~,~~~ vC~ (717) 255-8038 ~.c~~~~`} ~`1l~ ~ Z~ :~ ~~d ~Z ~!~~ Gf~~Z ,~ ,_ _ _ ~ . _ _ , SU]KMARY OF ACCOUNT Trust B under the Will of Adele W. Fox Fo:r Period of 08/19/2004 through 05/31/2008 Proposed Distributions to Beneficiaries PRINCIPAL Re~~eipts: This Account Net Gain (or Loss) on Sales or Other Disposition Less Disbursements: General Disbursements Fees and Commissions Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand Fo:r Information: Investments Made Changes in Investment Holdings Fiduciary Current Acquisition Page Value Value ------ ------- ----------- 48-49 316,032.53 310,036.19 3 299,468.21 4-14 15,756.38 --------------- 315,224.59 15 8,718.66 0.00 8,718.66 --------------- --------------- 306,505.93 0.00 16 306,505.93 17-23 24-33 INCOME Receipts: This Account Net Gain (or Loss) on Sales or Other Disposition Less Disbursements Balance Before Distribution Distributions to Beneficiaries Income Balance on Hand For Information: Investments Made Changes in Investment Holdings C0:[~INED BALANCE ON HAND 34-43 51,337.63 0.00 ----- ---------- 51,337.63 44-45 3,497.16 --------------- 47,840.47 46 44,310.21 47 --------------- 3,530.26 310,036.19 --------------- --------------- 2 RECEIPTS OF PRINCIPAL CASH: 08/19/04 Cash Received in Accordance with Proposed Statement of Distribution as of February 29, 2004 dated May 11, 2004 - Received from Merrill Lynch CMA Account: Principal: $299,860.00 Statutory 89,566.21 Interest: (5~ 3/20/98 to 2/19/04) Less Income -89,958.00 Distribution on Behalf of Trust B TOTAL RECEIPTS OF PRINCIPAL ............... Fiduciary Acquisition Value 299,468.21 -------------- 299,468.21 -------------- -------------- 3 GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL Gain 10/28/04 $75,000 American General Fin IB-CP 1.765 due 10/28/04 Net Proceeds 75,000.00 Fid. Acq. Value 75,000.00 0.00 11/12/04 $100,000 U.S. Treasury Bill 11/12/04 Net Proceeds 99,874.74 Fid. Acq. Value 99,874.74 0.00 11/29/04 $50,000 Household Finance IB-CP 1.93 due 11/29/04 Net Proceeds 50,000.00 Fid. Acq. Value 50,000.00 0.00 11/30/04 MTB Equity Income Portfolio-Inst I Fund #43 - Long Term Capital Gain Distribution Net Proceeds 368.19 Fid. Acq. Value 0.00 368.19 11/29/05 MTB International Equity-Inst I Fund #270 - Long Term Capital Gain Distribution Net Proceeds 3,233.69 Fid. Acq. Value 0.00 3,233.69 11/29/05 MTB Mid Cap Stock Inst I Fund #402 - Long Term Capital Gain Distribution Net Proceeds 1,961.45 Fid. Acq. Value 0.00 1,961.45 11/29/05 MTB Small Cap Stock-Inst I Fund #571 - Long Term Capital Gain Distribution Net Proceeds 748.71 Fid. Acq. Value 0.00 748.71 Loss 4 11/29/05 MTB Equity Income Portfolio-Inst I Fund #43 - Long Term Capital Gain Distribution Net Proceeds 7,553.63 Fid. Acq. Value 0.00 02/27/06 3,872.134 shares MTB Equity Index-Inst I Fund #134 Net Proceeds 41,548.00 Fid. Acq. Value 38,489.01 02/27/06 2,366.229 shares MTB International Equity-Inst I Fund #270 Net Proceeds 26,596.41 Fid. Acq. Value 25,000.00 02/27/06 5,156.304 shares MTB Large Cap Growth-Inst I Fund #299 Net Proceeds 42,487.94 Fid. Acq. Value 40,000.00 02/27/06 1,084.935 shares MTB Mid Cap Stock Inst I Fund #402 Net Proceeds 17,358.96 Fid. Acq. Value 17,500.00 02/27/06 5,068.432 shares MTB Short Term Corporation Bd-Inst I-#518 Net Proceeds 49,366.53 Fid. Acq. Value 50,000.00 02/27/06 571.354 shares MTB Small Cap Stock-Inst I Fund #571 Net Proceeds 5,485.00 Fid. Acq. Value 5,050.77 02/27/06 4,036.35 shares MTB Equity Income Portfolio-Inst I Fund #43 Net Proceeds 33,299.89 Fid. Acq. Value 40,000.00 06/29/06 16.853 shares American Century Eq Inc. Inst CL Net Proceeds 136.00 Fid. Acq. Value 136.68 7,553.63 3,058.99 1,596.41 2,487.94 434.23 141.04 633.47 6,700.11 0.68 05/29/06 0.829 share CRM Mid Cap Value Fd-Instl #32 Net Proceeds 23.00 Fid. Acq. Value 23.64 06/29/06 394.277 shares Evergreen International Bond Fund -In Net Proceeds 4,065.00 Fid. Acq. Value 4,222.71 06/29/06 2.4 shares Harbor International Fund #11 Net Proceeds 126.00 Fid. Acq. Value 128.81 Oti/29/06 8.509 shares LSV Value Equity Fund Net Proceeds 145.00 Fid. Acq. Value 145.33 OEi/29/06 1.737 shares MTB Equity Index-Inst I Fund #134 Net Proceeds 18.00 Fid. Acq. Value 17.27 OEi/29/06 11,094.473 shares MTB Intermediate Term Bond-Inst I Fund #220 Net Proceeds 105,619.38 Fid. Acq. Value 109,987.00 OEi/29/06 6,824.805 shares MTB US Government Bond Inst I Fund #822 Net Proceeds 61,355.00 Fid. Acq. Value 63,129.45 Ofi/29/06 4.872 shares The Boston Co. International Small Cap Fund Net Proceeds 110.00 Fid. Acq. Value 110.21 11/08/06 147.39 shares Bridgeway Ultra Small Co. Mkt Fd Net Proceeds 2,852.00 Fid. Acq. Value 2,872.81 0.73 0.64 157.71 2.81 0.33 4,367.62 1,774.45 0.21 20.81 6 11./08/06 17.825 shares CRM Mid Cap Value Fd-Instl #32 Net Proceeds 549.00 Fid. Acq. Value 508.37 40.63 11/08/06 87.901 shares LSV Value Equity Fund Net Proceeds 1,671.00 Fid. Acq. Value 1,501.35 169.65 11.108/06 7.746 shares MTB Equity Index-Inst I Fund #134 Net Proceeds 89.00 Fid. Acq. Value 77.00 12.00 11./08/06 30.946 shares MTB Mid Cap Growth-Inst I Fund #401 Net Proceeds 484.00 Fid. Acq. Value 494.05 10.05 11./08/06 358.232 shares MTB Small Cap Stock-Inst I Fund #571 Net Proceeds 3,525.00 Fid. Acq. Value 3,167.13 357.87 11./08/06 42.213 shares Vanguard Long-Term Corporate Fd #28 Net Proceeds 393.00 Fid. Acq. Value 364.72 28.28 12/05/06 MTB Mid Cap Growth-Inst I Fund #401 - Long Term Capital Gain Distribution Net Proceeds 106.52 Fid. Acq. Value 0.00 106.52 12/05/06 MTB Small Cap Stock-Inst I Fund #571 - Long Term Capital Gain Distribution Net Proceeds 216.67 Fid. Acq. Value 0.00 216.67 12/13/06 American Century Eq Inc. Inst CL - Long Term Capital Gain Distribution Net Proceeds 145.27 Fid. Acq. Value 0.00 145.27 7 12/15/06 Bridgeway Ultra Small Co. Mkt Fd - Long Term Capital Gain Distribution Net Proceeds 46.11 Fid. Acq. Value 0.00 46.11 1:?/15/06 LSV Value Equity Fund - Long Term Capital Gain Distribution Net Proceeds 31.88 Fid. Acq. Value 0.00 31.88 12/15/06 The Boston Co. International Small Cap Fund - Long Term Capital Gain Distribution Net Proceeds 298.65 Fid. Acq. Value 0.00 298.65 12/19/06 CRM Mid Cap Value Fd-Instl #32 - Long Term Capital Gain Distribution Net Proceeds 32.94 Fid. Acq. Value 0.00 32.94 1:?/20/06 Harbor International Fund #11 - Long Term Capital Gain Distribution Net Proceeds 320.96 Fid. Acq. Value 0.00 320.96 1:?/22/06 Alpine Intl Real Estate Equity Fund - Long Term Capital Gain Distribution Net Proceeds 58.14 Fid. Acq. Value 0.00 58.14 0£3/14/07 111.848 shares The Boston Co. International Small Cap Fund Net Proceeds 2,834.23 Fid. Acq. Value 2,566.79 267.44 OE3/20/07 528.455 shares American Century Eq Inc. Inst CL Net Proceeds 4,629.27 Fid. Acq. Value 4,354.32 274.95 g 08/20/07 1,114.346 shares Evergreen International Bond Fund -In Net Proceeds 12,057.22 Fid. Acq. Value 11,928.29 128.93 08/20/07 868.458 shares Goldman Sachs High Yield Fd #527 Net Proceeds 6,713.18 Fid. Acq. Value 6,787.00 0£3/20/07 1,126.256 shares Morgan Stanl ey Instl Intl Fixed Inc. Net Proceeds 11,938.31 Fid. Acq. Value 11,396.00 542.31 08/20/07 605.278 shares Northeast In vestors Trust Net Proceeds 4,557.74 Fid. Acq. Value 4,579.00 0£3/20/07 2,525.958 shares Vanguard Long-Term Corporate Fd #28 Net Proceeds 22,127.39 Fid. Acq. Value 21,824.28 303.11 0£3/20/07 4,433.062 shares Vanguard S/T Corporate Fd-Inv #39 Net Proceeds 46,813.13 Fid. Acq. Value 46,172.00 641.13 09/25/07 3.059 shares Alpine Intl Real Estate Equity Fund Net Proceeds 136.00 Fid. Acq. Value 121.11 14.89 09/25/07 8.085 shares Bridgeway Ultra Small Co. Mkt Fd Net Proceeds 160.00 Fid. Acq. Value 155.57 4.43 09/25/07 1.24 shares CRM Mid Cap Value Fd-Instl #32 Net Proceeds 41.00 Fid. Acq. Value 37.35 3.65 73.82 21.26 9 09/25/07 26.674 shares Harbor International Fund #11 Net Proceeds 1,940.00 Fid. Acq. Value 1,595.17 344.83 09/25/07 7.746 shares LSV Value Equity Fund Net Proceeds 154.00 Fid. Acq. Value 138.22 15.78 09/25/07 110.952 shares MTB Equity Index-Inst I Fund #134 Net Proceeds 1,398.00 Fid. Acq. Value 1,210.60 187.40 09/25/07 7.417 shares MTB Mid Cap Growth-Inst I Fund #401 Net Proceeds 118.00 Fid. Acq. Value 113.97 4.03 09/25/07 8.015 shares MTB Small Cap Stock-Inst I Fund #571 Net Proceeds 63.00 Fid. Acq. Value 64.72 09/25/07 1,584.324 shares MTB US Government Bond Inst I Fund #822 Net Proceeds 14,655.00 Fid. Acq. Value 14,623.63 31.37 09/25/07 11.05 shares T. Rowe Price Inst L/C Growth Net Proceeds 181.00 Fid. Acq. Value 169.73 11.27 09/25/07 2.017 shares Vanguard Value Index Fund Admiral #506 Net Proceeds 56.00 Fid. Acq. Value 54.18 1.82 11/26/07 Federated Strategic Value Fund - Long Term Capital Gain Distribution Net Proceeds 121.20 Fid. Acq. Value 0.00 121.20 1.72 10 12/05/07 MTB Mid Cap Growth-Inst I Fund #401 - Long Term Capital Gain Distribution Net Proceeds 239.90 Fid. Acq. Value 0.00 239.90 12/05/07 MTB Small Cap Stock-Inst I Fund #571 - Long Term Capital Gain Distribution Net Proceeds 216.86 Fid. Acq. Value 0.00 216.86 12/06/07 131.966 shares Federated Total Return Bond Fund Net Proceeds 1,416.00 Fid. Acq. Value 1,363.38 52.62 12/06/07 11.064 shares Harbor International Fund #11 Net Proceeds 857.00 Fid. Acq. Value 661.65 195.35 12/06/07 3,541.288 shares MTB US Government Bond Inst I Fund #822 Net Proceeds 33,536.00 Fid. Acq. Value 32,686.80 849.20 12/14/07 LSV Value Equity Fund - Long Term Capital Gain Distribution Net Proceeds 190.87 Fid. Acq. Value 0.00 190.87 12/18/07 CRM Mid Cap Value Fd-Instl #32 - Long Term Capital Gain Distribution Net Proceeds 84.16 Fid. Acq. Value 0.00 84.16 12/19/07 Bridgeway Ultra Small Co. Mkt Fd - Long Term Capital Gain Distribution Net Proceeds 170.76 Fid. Acq. Value 0.00 170.76 11 12/20/07 Harbor International Fund #11 - Long Term Capital Gain Distribution Net Proceeds 773.83 Fid. Acq. Value 0.00 773.83 12/21/07 T. Rowe Price Inst L/C Growth - Long Term Capital Gain Distribution Net Proceeds 9.09 Fid. Acq. Value 0.00 9.09 12/24/07 Alpine Intl Real Estate Equity Fund - Long Term Capital Gain Distribution Net Proceeds 195.01 Fid. Acq. Value 0.00 195.01 01/30/08 361.61 shares Federated Total Return Bond Fund Net Proceeds 3,909.00 Fid. Acq. Value 3,735.90 173.10 01/30/08 72.263 shares MTB US Government Bond Inst I Fund #822 Net Proceeds 693.00 Fid. Acq. Value 667.00 26.00 04/03/08 58.524 shares Alpine Intl Real Estate Equity Fund Net Proceeds 2,070.00 Fid. Acq. Value 2,281.32 04/03/08 0.94 share Bridgeway Ultra Small Co. Mkt Fd Net Proceeds 15.00 Fid. Acq. Value 17.73 04/03/08 657.156 shares Federated Total Return Bond Fund Net Proceeds 7,025.00 Fid. Acq. Value 6,789.27 235.73 04/03/08 7.212 shares Harbor International Fund #11 Net Proceeds 495.00 Fid. Acq. Value 436.29 58.71 211.32 2.73 12 04/03/08 5.221 shares LSV Value Equity Fund Net Proceeds 84.00 Fid. Acq. Value 92.70 8,70 04/03/08 52.599 shares MTB Equity Index-Inst I Fund #134 Net Proceeds 597.00 Fid. Acq. Value 579.04 17.96 041/03/08 61.239 shares MTB US Government Bond Inst I Fund #822 Net Proceeds 583.00 Fid. Acq. Value 565.25 17.75 041/03/08 40.893 shares Vanguard Value Index Fd Signal #1346 Net Proceeds 1,035.00 Fid. Acq. Value 1,137.26 102.26 O~i/19/08 5.403 shares Alpine Intl Real Estate Equity Fund Net Proceeds 199.00 Fid. Acq. Value 210.61 11.61 O~i/19/08 3.413 shares Bridgeway Ultra Small Co. Mkt Fd Net Proceeds 56.00 Fid. Acq. Value 64.37 8,37 O~i/19/08 3.794 shares CRM Mid Cap Value Fd-Instl #32 Net Proceeds 114.00 Fid. Acq. Value 111.99 2.01 O~i/19/08 16.709 shares Harbor International Fund #11 Net Proceeds 1,242.00 Fid. Acq. Value 1,010.82 231.18 O~i/19/08 5.83 shares LSV Value Equity Fund Net Proceeds 98.00 Fid. Acq. Value 103.51 5.51 O~i/19/08 67.032 shares MTB Equity Index-Inst I Fund #134 Net Proceeds 795.00 Fid. Acq. Value 737.92 57.08 13 05/19/08 18.388 shares MTB Mid Cap Growth-Inst I Fund #401 Net Proceeds 267.00 Fid. Acq. Value 263.98 3.02 05/19/08 4.816 shares MTB Small Cap Growth-Inst I Fund #555 Net Proceeds 81.00 Fid. Acq. Value 74.31 6.69 05/19/08 8.942 shares Ridgeworth Seix FL Rate HI Inc Fd-I Net Proceeds 82.00 Fid. Acq. Value 85.97 3,97 05/19/08 15.003 shares T. Rowe Price Inst L/C Growth Net Proceeds 230.00 Fid. Acq. Value 227.38 2.62 ---------------------------- TOTAL GAINS AND LOSSES/PRINCIPAL........... 30,017.58 14,261.20 LESS LOSS ............................. 14,261.20 -------------- NET GAIN OR LOSS ........................... 15,756.38 -------------- -------------- 14 DISBURSEMENTS OF PRINCIPAL GENERAL DISBURSEMENTS --------------------- 03/10/05 Principal transferred to 7,013.06 Income in accordance with 20 Pa. C.S. Section 8104 (a) - Trustee's Power to Adjust 03/10/06 Principal transferred to 1,705.60 Income in accordance with 20 Pa. C.S. Section 8104(a) - Trustee's Power to Adjust -------------- TOTAL GENERAL DISBURSEMENTS ......................... 8,718.66 -------------- TOTAL DISBURSEMENTS OF PRINCIPAL .................... 8,718.66 -------------- -------------- 15 PRINCIPAL BALANCE ON HAND # Units Description Current Value or as Noted Fiduciary Acquisition Value MTB Money Market-Inst I Fund #420 97.585 Alpine Intl Real Estate Equity Fund 287.745 Bridgeway Ultra Small Co. Mkt Fd 71.603 CRM Mid Cap Value Fd-Instl #32 1,223.778 Federated Strategic Value Fund 12,705.801 Federated Total Return Bond Fund 312.11 Harbor International Fund #11 221.516 LSV Value Equity Fund 3,218.894 MTB Equity Index-Inst I Fund #134 198.66 MTB Mid Cap Growth-Inst I Fund #401 13.266 MTB Small Cap Growth-Inst I Fund #555 355.328 MTB Small Cap Stock-Inst I Fund #571 2,356.77 MTB US Government Bond Inst I Fund #822 1,740.26 Ridgeworth Seix FL Rate HI Inc Fd-I 374.946 T. Rowe Price Inst L/C Growth 144.174 Vanguard Value Index Fd Signal #1346 44,322.61 3,494.52 4,767.93 2,137.35 6,473.79 134,935.61 22,709.12 3,630.65 37,532.30 2,874.61 223.93 1,901.00 22,106.50 44,322.61 3,803.96 5,426.52 2,113.65 7,388.28 131,353.45 18,881.26 3,932.89 35,435.16 2,852.00 204.69 2,600.38 21,766.87 16,010.39 16,732.14 5,732.92 5,682.51 3,649.04 --------------- -- 4,009.56 312,502.27 ------------- 306,505.93 16 INVESTMENTS MADE - PRINCIPAL # Units Cost 09/14/04 2,532.928 shares MTB Short Term 25,000 00 Corporation Bd-Inst I-#518 - shares purchased 09/14/04 504.032 shares MTB International 5,000.00 Equity-Inst I Fund #270 - shares purchased 09/14/04 1,013.171 shares MTB Equity Income 10,000.00 Portfolio-Inst I Fund #43 - shares purchased 09/14/04 2,470.356 shares MTB Intermediate Term 25,000.00 Bond-Inst I Fund #220 - shares purchased 09/29/04 $75,000 American General Fin 75,000.00 IB-CP 1.765 due 10/28/04 - purchased 10/13/04 987.167 shares MTB Intermediate Term 10,000.00 Bond-Inst I Fund #220 - shares purchased 10/13/04 1,012.146 shares MTB Short Term 10,000.00 Corporation Bd-Inst I-#518 - shares purchased 10/14/04 $100,000 U.S. Treasury Bill 99 874.74 11/12/04 - purchased 10/28/04 $50,000 Household Finance 50,000.00 IB-CP 1.93 due 11/29/04 - purchased 11/12/04 992.063 shares MTB Intermediate Term 10,000.00 Bond-Inst I Fund #220 - shares purchased 11/12/04 1,015.228 shares MTB Short Term 10,000.00 Corporation Bd-Inst I-#518 - shares purchased 12/13/04 1,862.197 shares MTB International 20,000.00 Equity-Inst I Fund #270 - shares purchased 12/13/04 2,520.161 shares MTB Equity Income 25,000.00 Portfolio-Inst I Fund #43 - shares purchased 17 1:?/13/04 1,018.1 shares MTB Small Cap 9,000.00 Stock-Inst I Fund #571 - shares purchased 1:?/13/04 1,084.935 shares MTB Mid Cap Stock Inst 17,500.00 I Fund #402 - shares purchased 1:?/13/04 5,156.304 shares MTB Large Cap 40,000.00 Growth-Inst I Fund #299 - shares purchased 1:?/13/04 5,533.199 shares MTB Equity Index-Inst 55,000.00 I Fund #134 - shares purchased 01/11/05 503.018 shares MTB Equity Income 5,000..00 Portfolio-Inst I Fund #43 - shares purchased 02/10/05 508.13 shares MTB Short Term 5,000.00 Corporation Bd-Inst I-#518 - shares purchased 02/27/06 104.332 shares The Boston Co. 2,360.00 International Small Cap Fund - shares purchased 02/27/06 266.069 shares Bridgeway Ultra Small 5,191.00 Co. Mkt Fd - shares purchased 02/27/06 221.077 shares LSV Value Equity Fund 3,776.00 - shares purchased 02/27/06 11,734.919 shares MTB US Government Bond 108,548.00 Inst I Fund #822 - shares purchased 02/27/06 88.445 shares MTB Mid Cap 1,416.00 Growth-Inst I Fund #401 - shares purchased 0'1./27/06 465.598 shares American Century Eq 3,776.00 Inc. Inst CL - shares purchased 02/27/06 6,644.887 shares MTB Intermediate Term 64,987.00 Bond-Inst I Fund #220 - shares purchased 0<'?/27/06 131.899 shares Harbor International 7,079.00 Fund #11 - shares purchased 02/27/06 49.649 shares CRM Mid Cap Value 1,416.00 Fd-Instl #32 - shares purchased 18 02/27/06 1,468.907 shares Evergreen 15,732.00 International Bond Fund -In - shares purchased 06/29/06 2,568.171 shares Vanguard Long-Term 22,189.00 Corporate Fd #28 - shares purchased 06/29/06 9.111 shares MTB Small Cap 81.00 Stock-Inst I Fund #571 - shares purchased 06/29/06 7,583.984 shares Federated Total Return 77,660.00 Bond Fund - shares purchased 06/29/06 587.037 shares Northeast Investors 4,438.00 Trust - shares purchased 06/29/06 852.369 shares Goldman Sachs High 6,657.00 Yield Fd #527 - shares purchased 06/29/06 4,262.92 shares Vanguard S/T Corporate 44,377.00 Fd-Inv #39 - shares purchased 06/29/06 4.412 shares Bridgeway Ultra Small 81.00 Co. Mkt Fd - shares purchased 06/29/06 1,097.329 shares Morgan Stanley Instl 11,094.00 Intl Fixed Inc. - shares purchased 06/29/06 3.256 shares MTB Mid Cap 48.00 Growth-Inst I Fund #401 - shares purchased 11/08/06 39.716 shares Evergreen 419.00 International Bond Fund -In - shares purchased 11/08/06 173.769 shares Federated Total Return 1,835.00 Bond Fund - shares purchased 11/08/06 28.927 shares Morgan Stanley Instl 302.00 Intl Fixed Inc. - shares purchased 11/08/06 152 shares MTB US Government Bond 1,406.00 Inst I Fund #822 - shares purchased 11/08/06 40.8 shares Harbor International 2,499.00 Fund #11 - shares purchased 11/08/06 18.241 shares Northeast Investors 141.00 Trust - shares purchased 19 11!08/06 170.142 shares Vanguard S/T Corporate 1,795.00 Fd-Inv #39 - shares purchased 11,/08/06 79.71 shares American Century Eq 715.00 Inc. Inst CL - shares purchased 11%08/06 16.089 shares Goldman Sachs High 130.00 Yield Fd #527 - shares purchased 11/08/06 12.388 shares The Boston Co. 317.00 International Small Cap Fund - shares purchased 11/08/06 74.469 shares Alpine Intl Real 2,841.00 Estate Equity Fund - shares purchased 08/20/07 70.714 shares LSV Value Equity Fund 1,357.00 - shares purchased 08/20/07 64.189 shares MTB Mid Cap 950.00 Growth-Inst I Fund #401 - shares purchased 08/20/07 55.539 shares Alpine Intl Real 2,306.00 Estate Equity Fund - shares purchased 08/20/07 27.034 shares CRM Mid Cap Value 864.00 Fd-Instl #32 - shares purchased 08/20/07 5,555.651 shares Federated Total Return 58,001.00 Bond Fund - shares purchased 08/20/07 147.952 shares MTB Small Cap 1,120.00 Stock-Inst I Fund #571 - shares purchased 08/20/07 2,492.818 shares MTB US Government Bond 22,909.00 Inst I Fund #822 - shares purchased 08/20/07 297.721 shares T. Rowe Price Inst L/C 4,573.00 Growth - shares purchased 08/20/07 879.327 shares Federated Strategic 5,487.00 Value Fund - shares purchased 08/20/07 1,433.25 shares MTB Equity Index-Inst 17,242.00 I Fund #134 - shares purchased 08/20/07 121.537 shares Bridgeway Ultra Small 2,308.00 Co. Mkt Fd - shares purchased 2~ 08/20/07 170.253 shares Vanguard Value Index 4,573.00 Fund Admiral #506 - shares purchased 08/20/07 156.481 shares Harbor International 10,093.00 Fund #11 - shares purchased 09/25/07 327.099 shares Federated Total Return 3,428.00 Bond Fund - shares purchased 09/25/07 5.363 shares Federated Strategic 34.00 Value Fund - shares purchased 09/25/07 1,688.669 shares STI Classic Seix 16,245.00 Floating Rate-I - shares purchased 11/26/07 43.896 shares Federated Strategic 253.28 Value Fund - shares purchased 12/06/07 23.692 shares MTB Mid Cap 326.00 Growth-Inst I Fund #401 - shares purchased 12/06/07 19.319 shares LSV Value Equity Fund 363.00 - shares purchased 12/06/07 5.267 shares Alpine Intl Real 230.00 Estate Equity Fund - shares purchased 12/06/07 88.067 shares MTB Small Cap 524.00 Stock-Inst I Fund #571 - shares purchased 12/06/07 16.252 shares T. Rowe Price Inst L/C 261.00 Growth - shares purchased 12/06/07 45.058 shares Federated Strategic 269.00 Value Fund - shares purchased 12/06/07 169.685 shares MTB Equity Index-Inst 2,099.00 I Fund #134 - shares purchased 12/06/07 27.56 shares Bridgeway Ultra Small 506.00 Co. Mkt Fd - shares purchased 12/06/07 14.1 shares Vanguard Value Index 390.00 Fd Signal #1346 - shares purchased 12/06/07 48.265 shares STI Classic Seix 459.00 Floating Rate-I - shares purchased 21 12/12/07 3.384 shares STI Classic Seix 32.11 Floating Rate-I - shares purchased 12/21/07 4.092 shares T. Rowe Price Inst L/C 63.62 Growth - shares purchased 01/30/08 28.724 shares T. Rowe Price Inst L/C 403.00 Growth - shares purchased 01/30/08 68.566 shares Federated Strategic 373.00 Value Fund - shares purchased 01/30/08 194.96 shares MTB Equity Index-Inst 2,205.00 I Fund #134 - shares purchased 07./30/08 27.995 shares Bridgeway Ultra Small 451.00 Co. Mkt Fd - shares purchased 01/30/08 7.857 shares MTB Mid Cap 99.00 Growth-Inst I Fund #401 - shares purchased 0]./30/08 9.304 shares Vanguard Value Index 238.00 Fd Signal #1346 - shares purchased 01/30/08 46.989 shares Harbor International 3,043.00 Fund #11 - shares purchased 01/30/08 29.296 shares Alpine Intl Real 1,040.00 Estate Equity Fund - shares purchased 01/30/08 25.613 shares LSV Value Equity Fund 418.00 - shares purchased 07./30/08 12.068 shares CRM Mid Cap Value 332.00 Fd-Instl #32 - shares purchased 01/30/08 8.884 shares STI Classic Seix 82.00 Floating Rate-I - shares purchased 01/30/08 29.699 shares MTB Small Cap 158.00 Stock-Inst I Fund #571 - shares purchased 04/03/08 54.21 shares T. Rowe Price Inst L/C 779.00 Growth - shares purchased 04/03/08 18.082 shares MTB Small Cap 279.00 Growth-Inst I Fund #555 - shares purchased 22 04./03/08 166.355 shares Federated Strategic 890.00 Value Fund - shares purchased 04./03/08 6.54 shares CRM Mid Cap Value 183.00 Fd-Instl #32 - shares purchased 04/03/08 67.972 shares MTB Mid Cap 885.00 Growth-Inst I Fund #401 - shares purchased 05/19/08 216.03 shares Federated Total Return 2,318.00 - Bond Fund - shares purchased 05/19/08 15.213 shares Federated Strategic 82.00 Value Fund - shares purchased 05/19/08 60.952 shares MTB US Government Bond 576.00 Inst I Fund #822 - shares purchased 23 CHANGES IN INVESTMENT HOLDINGS - PRINCIPAL Cost $1.00,000 U.S. Treasury Bill 11/12/04 10/14/04 purchased 11./12/04 matured $50,000 Household Finance IB-CP 1.93 due 11/29/04 ------------------------------- 10/28/04 purchased 11./29/04 matured $75,000 American General Fin IB-CP 1.765 due 10/28/04 ---------------------------------- 09/29/04 purchased 10/28/04 matured Alpine Intl Real Estate Equity Fund 11/08/06 74.469 shares purchased 12/22/06 long term capital gain distribution 08/20/07 55.539 shares purchased 09/25/07 (3.059)shares sold 12/06/07 5.267 shares purchased 12/24/07 long term capital gain distribution 01/30/08 29.296 shares purchased 04/03/08 (58.524)shares sold 05/19/08 (5.403)shares sold 97.585 99,874.74 (99,874.74) -------------- 0.00 -------------- -------------- 50,000.00 (50,000.00) -------------- 0.00 -------------- -------------- 75,000.00 (75,000.00) -------------- 0.00 -------------- -------------- 2,841.00 0.00 2,306.00 (121.11) 230.00 0.00 1,040.00 (2,281.32) (210.61) -------------- 3,803.96 24 American Century Eq Inc. Inst CL 02/27/06 465.598 shares purchased 06/29/06 (16.853)shares sold 11/08/06 79.71 shares purchased 12/13/06 long term capital gain distribution 08/20/07 (528.455)shares sold 0 Bridgeway Ultra Small Co. Mkt Fd 02/27/06 266.069 shares purchased 06/29/06 4.412 shares purchased 11/08/06 (147.39)shares sold 12/15/06 long t erm capital gain distri bution 08/20/07 121.537 shares purchased 09/25/07 (8.085)shares sold 12/06/07 27.56 shares purchased 12/19/07 long t erm capital gain distri bution 01./30/08 27.995 shares purchased 09:/03/08 (0.94)share sold 05/19/08 (3.413)shares sold 287.745 CF:M Mid Cap Value Fd-Instl #32 02/27/06 49.649 shares purchased OE~/29/06 (0.829)share sold 11./08/06 (17.825)shares sold 12/19/06 long term capital gain distribution 0£3/20/07 27.034 shares purchased 09/25/07 (1.24)shares sold 12./18/07 long term capital gain distribution 01/30/08 12.068 shares purchased 04/03/08 6.54 shares purchased 0`_i/19/08 (3.794)shares sold 71.603 3,776.00 (136.68) 715.00 0.00 (4,354.32) -------------- 0.00 5,191.00 81.00 (2,872.81) 0.00 2,308.00 (155.57) 506.00 0.00 451.00 (17.73) (64.37) -------------- 5,426.52 1,416.00 (23.64) (508.37) 0.00 864.00 (37.35) 0.00 332.00 183.00 (111.99) -------------- 2,113.65 25 Evergreen International Bond Fund -In 02/27/06 1,468.907 shares purchased 15,732.00 06/29/06 (394.277)shares sold (4,222.71) 11/08/06 39.716 shares purchased 419.00 08;/20/07 (1,114.346)shares sold (11,928.29) -------------- -------------- p ------------- -------------- 0.00 ------------ ------------- Federated Strategic Value Fund 08/20/07 879.327 shares purchased 5,487.00 09/25/07 5.363 shares purchased 34.00 11/26107 long term capital gain 0.00 distribution 11/26/07 43.896 shares purchased 253.28 12/06/07 45.058 shares purchased 269.00 01/30/08 68.566 shares purchased 373.00 04/03/08 166.355 shares purchased 890.00 05/19/08 15.213 shares purchased 82.00 -------------- ------------- 1,223.778 ------------- ------------- - - - 7,388.28 -------------- -------------- Federated Total Return Bond Fund 06/29/06 7,583.984 shares purchased 77,660.00 11/08/06 173.769 shares purchased 1,835.00 08/20/07 5,555.651 shares purchased 58,001:00 09125/07 327.099 shares purchased 3,428.00 12/06/07 (131.966)shares sold (1,363.38) 01/30/08 (361.61)shares sold (3,735.90) 04/03/08 (657.156)shares sold (6,789.27) 05/19/08 216.03 shares purchased 2,318.00 -------------- -------------- 12,705.801 -------------- -------------- 131,353.45 -------------- -------------- Goldman Sachs High Yield Fd #527 06/29/06 $52.369 shares purchased 6,657.00 11/08/06 16.089 shares purchased 130.00 08/20/07 (868.458)shares sold (6,787.00) 0 0.00 ------------- ---------- -------------- -------------- 26 Harbor International Fund #11 02/27/06 131.899 shares purchased 06/29/06 (2.4)shares sold 11/08/06 40.8 shares purchased 12/20/06 long term capital gain distribution 08/20/07 156.481 shares purchased 09/25/07 (26.674)shares sold 12/06/07 (11.064)shares sold 12/20/07 long term capital gain distribution 01/30/08 46.989 shares purchased 04/03/08 (7.212)shares sold 05/19/08 (16.709)shares sold 312.11 LSV Value Equity Fund 02/27/06 221.077 shares purchased 06/29/06 (8.509)shares sold 11/08/06 (87.901)shares sold 12/15/06 long term capital gain distribution 08/20/07 70.714 shares purchased 09/25/07 (7.746)shares sold 12/06/07 19.319 shares purchased 12/14/07 long term capital gain distribution 01/30/08 25.613 shares purchased 04/03/08 (5.221)shares sold 05/19/08 (5.83)shares sold 221.516 Morgan Stanley Instl Intl Fixed Inc. ------------------------------------ 06/29/06 1,097.329 shares purchased 11/08/06 28.927 shares purchased 08/20/07 (1,126.256)shares sold -------------- 0 -------------- 7,079.00 (128.81) 2,499.00 0.00 10,093.00 (1,595.17) (661.65) 0.00 3,043.00 (436.29) (1,010.82) -------------- 18,881.26 3,776.00 (145.33) (1,501.35) 0.00 1,357.00 (138.22) 363.00 0.00 418.00 (92.70) (103.51) -------------- 3,932.89 11,094.00 302.00 (11,396.00) -------------- 0.00 27 MTB Equity Index-Inst I Fund #134 12/13/04 5,533.199 shares purchased 02/27/06 (3,872.134)shares sold 06/29/06 (1.737)shares sold 11/08/06 (7.746)shares sold 08/20/07 1,433.25 shares purchased 09/25/07 (110.952)shares sold 12/06/07 169.685 shares purchased 01/30/08 194.96 shares purchased 04/03/08 (52.599)shares sold 05/19/08 (67.032)shares sold 3,218.894 MTB International Equity-Inst I Fund #270 ------------------------------------ 09/14/04 504.032 shares purchased 12/13/04 1,862.197 shares purchased 11/29/05 long term capital gain distribution 02/27/06 (2,366.229)shares sold 0 MTB Large Cap Growth-Inst I Fund #299 -------------------------------- 12/13/04 5,156.304 shares purchased 02/27/06 (5,156.304)shares sold 0 55,000:00 (38,489.01) (17.27) (77.00) 17,242.00 (1,210.60) 2,099.00 2,205.00 (579.04) (737.92) 35,435.16 5,000.00 20,000.00 0.00 (25,000.00) -------------- 0.00 40,000.00 (40,000.00) -------------- 0.00 28 MTB Mid Cap Growth-Inst I Fund #401 02/27/06 88.445 shares purchased 1,416.00 06/29/06 3.256 shares purchased 48.00 11.108/06 (30.946}shares sold (494.05) 12/05/06 long term capital gain 0.00 distribution 08/20/07 64.189 shares purchased 950.00 09/25/07 (7.417)shares sold (113.97) 12/05!07 long term capital gain 0.00 distribution 12/06/07 23.692 shares purchased 326.00 01/30/08 7.857 shares purchased 99.00 04/03/08 67.972 shares purchased 8$5.00 05/19/08 (18.388)shares sold (263.98) -------------- -------------- 198.66 2,852.00 MTB Mid Cap Stock Inst I Fund #402 12/13/04 1,084.935 shares purchased 17,500.00 11/29/05 long term capital gain 0.00 distribution 02/27/06 (1,084.935)shares sold (17,500.00) 0 0.00 MTB Short Term Corporation Bd-Inst I-#518 09/14/04 2,532.928 shares purchased 25,000.00 10/13/04 1,012.146 shares purchased 10,000.00 11{12104 1,015.228 shares purchased 10,000.00 02/10/05 508.13 shares purchased 5,000.00 02/27/06 (5,068.432) shares sold (50,000.00) -------------- -------------- 0 ------------- ------------- - - 0.00 -------------- -------------- MTB Small Cap Growth-Inst I Fund #555 -------------------------------- 04/03/08 18.082 shares purchased 279.00 05/19/08 (4.816)shares sold (74.31) -------------- -------------- 13.266 204.69 -------------- -------------- -------------- -------------- 29 MTB Small Cap Stock-Inst I Fund #571 12/13/04 1,018.1 shares purchased 9,000.00 11/29/05 long term capital gain 0.00 distribution 02/27106 (571.354)shares sold (5,050.77) 06/29/06 9.111 shares purchased 81.00 11/08/06 (358.232)shares sold (3,167.13) 12/05/06 long term capital gain 0.00 distribution 08/20/07 147.952 shares purchased 1,120.00 09/25/07 (8.015)shares sold (64.72) 12/05/07 long term capital gain 0.00 distribution 12/06/07 88.067 shares purchased 524.00 01/30/08 29.699 shares purchased 158.00 -------------- -------------- 355.328 --- - --------- ------------- 2,600.38 -------------- -------------- MTB Equity Income Portfolio-Inst I Fund #43 09/14/04 1,013.171 shares purchased 10,000.00 11/30/04 long term capital gain 0.00 distribution 12/13/04 2,520.161 shares purchased 25,000.00 01/11/05 503.018 shares purchased 5,000.00 11/29/05 long term capital gain 0.00 distribution 02/27/06 (4,036.35)shares sold (40,000.00) -------------- ------------- 0 ------------- ------------- - - - 0.00 - ------------ -------------- MT:B Intermediate Term Bond-Inst I Fund #220 09/14/04 2,470.356 shares purchased 25,000.00 10/13/04 987.167 shares purchased 10,000.00 11/12/04 992.063 shares purchased 10,000.00 02/27/06 6,644.887 shares purchased 64,987.00 06129106 (11,094.473)shares sold (109,987.00) -------------- ------------- p ------------- ------------- - - - 0.00 ------------ -------------- 30 PTPB US Government Bond Inst I Fund #822 02/27/06 11,734.919 shares purchased 108,548.00 06/29/06 (6,824.805)shares sold (63,129.45) 1:1/08/06 152 shares purchased 1,406.00 OE3/20/07 2,492.818 shares purchased 22,909.00 09/25/07 (1,584.324)shares sold (14,623.63) 12/06/07 (3,541.288)shares sold (32,686.80) 01130/08 (72.263)shares sold (667.00) 04/03/08 (61.239)shares sold (565.25) 0`i/19/08 60.952 shares - purchased 576.00 -------------- - ------------ 2,356.77 -------------- -------------- 21,766.87 -------------- -------------- Northeast Investors Trust OEiJ29/06 587.037 shares purchased 4,438.00 1]_/08/06 18.241 shares purchased 141.00 OE3/20/07 (605.278)shares sold (4,579.00) -------------- -------------- 0 0.00 -------------- --------- - --- -------------- -------------- Ridgeworth Seix FL Rate HI Inc Fd-I 06/02/08 1,749.202 units name changed from STI 16,818.11 Classic Seix Floating Rate-I 05/19/08 (8.942)shares sold (85.97) -------------- -------------- 1,740.26 16,732.14 -------------- -------------- -------------- -------------- STI Classic Seix Floating Rate-I 09/25/07 1,688.669 shares purchased 16,245.00 12/06/07 48.265 shares purchased 459.00 12/12/07 3.384 shares purchased 32.11 01.!30108 8.884 shares purchased 82.00 04/02/08 (1,749.202) units Name changed to (16,818.11) Ridgeworth Seix FL Rate HI Inc Fd-I -------------- ------------- p ------------- ------------- - - - 0.00 -------------- -------------- 31 T. Rowe Price Inst L/C Growth 08/20/07 297.721 shares purchased 09/25/07 (11.05)shares sold 12/06/07 16.252 shares purchased 12/21/07 long term capital gain distribution 12/21/07 4.092 shares purchased 01/30/08 28.724 shares purchased 04/03/08 54.21 shares purchased 05/19/08 (15.003)shares sold 374.946 The Boston Co. International Small Cap Fund ---------------------------------- 02/27/06 104.332 shares purchased 06/29/06 (4.872)shares sold 11/08/06 12.388 shares purchased 12/15/06 long term capital gain distribution 08/14/07 (111.848)shares sold 0 Vanguard Long-Term Corporate Fd #28 ----------------------------------- 06/29/06 2,568.171 shares purchased 11/08/06 (42.213)shares sold 08/20/07 (2,525.958)shares sold -------------- 0 -------------- -------------- Vanguard S/T Corporate Fd-Inv #39 --------------------------------- 06/29/06 4,262.92 shares purchased 11/08/06 170.142 shares purchased 08/20/07 (4,433.062)shares sold -------------- 0 -------------- -------------- 4,573.00 (169.73) 261.00 0.00 63.62 403.00 779.00 (227.38) -------------- 5,682.51 2,360.00 (110.21) 317.00 0.00 (2,566.79) -------------- 0.00 22,189.00 (364.72) (21,824.28) -------------- 0.00 -------------- -------------- 44,377.00 1,795.00 (46,172.00) -------------- 0.00 -------------- -------------- 32 Vanguard Value Tndex Fd Signal #1346 10/09/07 161.663 units received in class 4,518.82 conversion of 168.236 units Vanguard Value Index Fd Admiral #506 at the rate of 0.9609 unit for each unit held 12/06/07 14.1 shares purchased 390.00 01/30/08 9.304 shares purchased 238.00 04/03/08 (40.893)shares sold (1,137.26) -------------- ------------- 144.174 -- - -------- ------------- - - - 4,009.56 -------------- - ------------ Vanguard Value Index Fund Admiral #506 08/20/07 170.253 shares purchased 4,573.00 09/25/07 (2.017)shares sold (54.18) 10109/07 (168.236)units delivered in class (4,518.82) conversion of 161.663 units Vanguard Value Index Fd Signal #1346 -------------- -------------- p 0.00 -------------- ------------ ----------- ----------- - - 33 RECEIPTS OF INCOME DIVIDENDS Alpine Intl Real Estate Equity Fund ------------------------------------ 12/22/06 12/24107 American Century Eq Inc. Inst CL 03/15/06 06/14/06 09/13/06 12/28/06 03/14/07 06/13/07 Bridgeway Ultra Small Co. Mkt Fd 12/15/06 12/19/07 CRM Mid Cap Value Fd-Instl #32 ------------------------------ 12/19/06 12/18/07 Federated Strategic Value Fund 08/21/07 09/20/07 10/22/07 11/20/07 12/20/07 01/23/08 02120/08 03/20/0$ 04/22/08 Harbor International Fund #11 ----------------------------- 12/20/06 12/20/07 46.98 69.75 -------------- 22.07 15.83 20.64 44.65 13.42 31.60 -------------- 10.19 11.11 -------------- 6.07 13.50 -------------- 22.42 24.45 19.20 24.51 40.89 3.70 17.93 35.85 11.24 -------------- 248.79 305.02 -------------- 116.73 148.21 21.30 19.57 200.19 553.81 34 LSV Value Equity Fund 12/29/06 35.17 12131/07 73.05 -------------- 108.22 M'TB Equity Index-Inst I Fund #134 --------------------------------- 12/30/04 398.39 03/30/05 204,73 06/29/05 215.79 09/29/05 215.79 12/29/05 254.53 0:3/30/06 64.78 05/29/06 71.43 0:3128106 77.99 12/28106 80.93 0:3/29/07 75.97 06/28/07 79.28 0'3/27/07 154.24 12128107 217.22 0:3128108 157.24 -------------- 2,268.31 M'CB International Equity-Inst T Fund #7.70 ------ - - ---------------------------- 12/30/04 260.29 12/29/05 428.29 -------------- 688.58 M':['B Large Cap Growth-Inst I Fund #299 - -- - ---------------------------------- 17,/30/04 128.54 12./29/05 72.19 -------------- 200.73 M"~B Small Cap Stock-Inst I Fund #571 1'1./28/07 9.18 M'1~B Equity Income Portfolio-Inst I Fund #43 09/30/04 14.18 10/29/04 14.18 11/30/04 14.18 1'1,/30104 166.07 01/28/05 56.51 02/25/05 52.47 03/30/05 44.40 04/28/05 40.36 O~i/27/05 64.58 OEil29l05 64.58 07/29/05 64.58 08/30/05 64.58 35 09/29/05 68.62 10/28/05 72.65 11!29105 72.65 12129!05 48.44 01/30/06 44.40 02/27/06 48.44 -------------- 1,015.87 T. Rowe Price Inst L/C Growth 12/21/07 18.18 The Boston Co. International Small Cap Fund -------------------------------------- 06/30/06 14.61 12/15/06 3.94 06/29/07 16.78 -------------- 35.33 Vanguard Value Index Fd Signal #1346 ------------------------------------ 12/20/07 39.90 03/25/08 32.94 -------------- 72.84 Vanguard Value Index Fund Admiral #506 -------------------------------------- 09/24/07 30.13 -------------- TOTAL DIVIDEND INCOME ..................... 5,507.18 ------------- -------------- INTEREST $100,000 U.S. Treasury Bill 11/12/04 11/12/04 125.26 $50,000 Household Finance IB-CP 1.93 due 11/29/04 11!29/04 85.93 $75,000 American General Fin IB-CP 1."765 due 10/28/04 ----------------------------------- 10!28/04 106.79 36 Evergreen International Bond Fund -In 0:1/17/06 161.58 OEi116/06 161.58 09/15/06 107.46 03/16/07 73.77 OEi/15/07 43.13 -------------- Federated Strategic Value Fund 0`_i/20/08 Federated Total Return Bond Fund 07/03/06 21.81 08/01/06 340.86 09/05/06 349.36 10/02/06 346.48 11./02106 343.75 12/01/06 341.40 12./22/06 134.21 01./03/07 335.1$ 02/01/07 338.83 03101/07 343.60 04/02/07 349.15 05/01/07 347.18 06/01/07 362.17 07/02/07 363.51 08101/07 371.29 09/04/07 465.48 10/01/07 628.89 11/01/07 624.72 12/03/07 620.18 01/02/08 730.72 02/01/08 647.38 03/03/08 587.29 04/01/08 605.60 05/01/08 581.65 -------------- Goldman Sachs High Yield Fd #527 07/03/06 3.99 08/01/06 43.05 09/01/06 44.01 10/02106 44.25 11/01/06 44.55 12/01/06 43.92 12/12/06 1.52 01/02/07 71.98 02/01/07 46.34 03/01/07 43.39 04/02/07 43.66 05/01/07 43.50 547.52 36.10 10,180.69 37 06/01/07 43.67 0'7/03/07 43.50 08/01/07 44.38 09/04/07 27.17 -------------- Morgan Stanley Inst1 Intl Fixed Inc. ------------------------------------- 12l22/06 M':~B Short Term Corporation Bd-Inst I--#518 10/01/04 27.54 17_/01/04 62.31 12/01/04 83.57 07_/03/05 102.90 02/01/05 92.31 03/01105 100.97 04/01/05 102.37 05/02/05 106.89 OED/01/05 105.37 07/01/05 114.91 08101/05 117.60 09/01/05 120.01 10/03/05 125.65 11./01/05 124.74 12/01/05 128.55 01./03106 133.42 02101!06 130.26 03/01/06 131.26 -------------- M'I'B Intermediate Term Bond-Inst I Fund #220 10/01/04 55.30 11/01/04 115.90 12/01/04 145.24 01/03/05 176.90 02/01/05 184.55 03/01/05 162.06 04/01/05 161.45 05/02/05 173.01 06/01/05 174.83 07/01/05 162.79 08/01/05 140.72 09/01/05 134.04 10/03/05 137.85 11/01/05 138.92 12/01/05 149.55 01/03/06 145.37 02/01/06 138.63 03/01/06 157.33 632.88 250.03 1,910.63 38 09:/03/06 380.08 05/01/06 389.74 06/01/06 388.38 07/03/06 373.66 -------------- NIZ'B Money Market-Inst I Fund#420 09/01/04 52.49 10J01/04 246.87 11/01/04 103.69 12/01/04 144.41 01/03/05 134.03 02/01/05 47.34 03/01/05 37.00 04!01/05 28.09 05/03/05 23.85 06/01/05 26.55 07/01/05 27.48 08/01/05 31.13 09/01105 34.02 10/03/05 35.41 11/01/05 39.77 12/01/05 43.50 01/03/06 101.20 02/01/06 107.88 03/01106 103.12 04/03/06 102.24 05/01/06 94.96 06/01/06 101.25 07/03/06 105.08 08/01/06 134.05 09/01/06 142.60 10/02/06 143.49 11/01/06 152.63 12/01/06 142.97 01/02/07 152.42 02J01/07 162.10 03/01/07 150.59 04/02/07 143.71 05/01/07 128.25 06/01/07 136.49 07/02/07 136.23 08!01/07 145.61 09/04/07 119.04 10/01/07 68.99 11,/01/07 71.60 12/03/07 69.21 01,102/08 171.40 02/01/08 189.31 03%03/08 142.65 04!01/08 103.97 05!01/08 92.37 -------------- 4,186.30 4,671.04 39 M'I'B US Government Bond Inst I Fund #822 03!01/06 27.19 04/03106 392.04 05/01/06 388.66 06/01/06 379.40 07/03/06 374.22 08/01/06 166.37 09/01/06 165.56 10/02/06 166.14 11/01/06 164.44 12/01/06 163.53 01/02/07 161.20 02/01J07 166.40 03/01/07 170.91 04/02/07 169.97 05/01/07 173.14 06/01/07 167.32 07/02/07 167.73 08/01/07 174.70 09/04/07 205.23 10/01/07 243.07 11/01/07 191.44 12/03/07 193.54 01/02/08 102.03 02!01108 79.24 03/03/08 82.27 04/01/08 76.99 05/01/08 80.47 -------------- Northeast Investors Trust 08/17/06 70.44 11/21/06 90.79 02/15107 78.69 05/17/07 78.69 08/16/07 90.79 -------------- Ridgeworth Seix FL Rate HI Inc Fd-I 05/01/08 ST:I Classic Seix Floating Rate-I 10,101107 20.74 11,/01/07 104.11 12%03/07 96.61 01!02/08 102.52 02!01/08 101.40 03!03/08 90.97 04!01/08 90.97 -------------- 4,993.20 409.40 77.11 607.32 40 Vanguard Long-Term Corporate Fd #28 07/03/06 7.36 08/01/06 113.68 09/01/06 113.22 10/02/06 109.82 11/01/06 113.95 12/01/06 109.09 01/02/07 112.71 02/01/07 112.29 03/01/07 101.60 04/02/07 112.69 05/01/07 108.45 06J01/07 112.58 07/02/07 108.87 08/01/07 112.21 09/04/07 68.70 Vanguard S/T Corporate Fd-Inv #39 07/03/06 10.91 08/01/06 168.96 09/01/06 173.13 10/02106 169.64 11/01/06 177.17 12/01/06 179.07 01/02/07 188.18 02/01/07 186.56 03/01/07 174.23 04/02/07 192.75 05/01/07 187.32 06/01/07 193.21 07/02/07 188.31 08/01/07 192.59 09104/07 119.08 -------------- 1,517.22 2,501.11 -------------- TOTAL INTEREST INCOME ..................... 32,838.53 ------------- -------------- OTHER INCOME Alpine Intl Real Estate Equity Fund 12;24/07 Short Term Capital Gains 82.90 Distribution American Century Eq Inc. Inst CL 12/13/06 Short Term Capital Gains 144.59 Distribution 41 CFtM Mid Cap Value Fd-Instl #32 12/19/06 Short Term Capital Gains Distribution 12/18/07 Short Term Capital Gains Distribution Federated Strategic Value Fund 11./26107 Short Term Capital Gains Distribution Harbor International Fund #11 ----------------------------- 12/20/07 Short Term Capital Gains Distribution LSV Value Equity Fund 12/15!06 Short Term Capital Gains Distribution 12/14/07 Short Term Capital Gains Distribution Morgan Stanley Instl Intl Fixed Inc. ------------------------------------ 12/22/06 Short Term Capital Gains Distribution MT:B International Equity-Inst I Fund #270 ------------------------------------ 11129/05 Short Term Capital Gains Distribution MT',B Mid Cap Growth-Inst I Fund #401 12105/06 Short Term Capital Gains Distribution 12,/05/07 Short Term Capital Gains Distribution MT13 Mid Cap Stock Inst I Fund #402 ----------------------------------- 11!29/05 Short Term Capital Gains Distribution 18.60 87.95 9.62 32.51 24.89 27.30 106.55 132.08 99.61 42.13 54.17 43.07 52.19 1,320.47 42 MTB Small Cap Stock-Inst I Fund #571 ------------------------------------ 12/05/06 Short Term Capital Gains Distribution 12/05/07 Short Term Capital Gains Distribution M'PB Equity Income Portfolio-Inst I Fund #43 1:1/30/04 Short Term Capital Gains Distribution 11/29/05 Short Term Capital Gains Distribution Principal transferred to Income in accordance with 20 Pa. C.S. Section 8104(a) - Trustee's Power to Adjust ------------------------------------ 03/10/05 03/10/06 67.47 157.65 17.73 1,859.95 7,013.06 1,705.60 -------------- 225.12 1,877.68 8,718.66 STI Classic Seix Floating Rate-I 12/12/07 Short Term Capital Gains Distribution T. Rowe Price Inst L/C Growth 12/21/07 Short Term Capital Gains Distribution Th.e Boston Co. International Small Cap Fund -------------------------------------- 12/15/06 Short Term Capital Gains Distribution TOTAL OTHER INCOME ........................ TOTAL RECEIPTS OF INCOME .................. 32.11 54.53 6.06 -------------- 12,991.92 -------------- - ------------ 51,337.63 -------------- -------------- 43 AISBURSEMENTS OF INCOME 09/07/04 MTB Bank Market Value Fee 74.88 10/06/04 MTB Bank Market Value Fee 74.97 1.1/08!04 MTB Bank Market Value Fee 75.20 12/06/04 MTB Bank Market Value Fee 75.37 0:1/06/05 MTB Bank Market Value Fee 75.35 0?/07/05 MTB Bank Market Value Fee 76.15 03/07/05 MTB Bank Market Value Fee 77.04 04/06105 MTB Bank Market Value Fee 73.01 0`i/06/05 MTB Bank Market Value Fee 72.74 OEi/06/05 MTB Bank Market Value Fee 73.61 07106!05 MTB Bank Market Value Fee 74.06 08/08/05 MTB Bank Market Value Fee 75.01 09/06/05 MTB Bank Market Value Fee 75.29 10/06!05 MTB Bank Market Value Fee 74.13 11./07/05 MTB Bank Market Value Fee 74.76 12/06/05 MTB Bank Market Value Fee 76.64 01./06!06 MTB Bank Market Value Fee 77.78 02/06/06 MTB Bank Market Value Fee 77.80 03/06/06 MTB Bank Market Value Fee 78.53 04/06/06 MTB Bank Market Value Fee 76.28 05/08/06 MTB Bank Market Value Fee 76.49 06/06/06 MTB Bank Market Value Fee 76.07 07/06/06 MTB Bank Market value Fee 75.62 08/07/06 M"I'B Bank Market Value Fee 76.79 09!06/06 MTB Bank Market Value Fee 77.64 10/06/06 MTB Bank Market Value Fee 78.45 11/06/06 MTB Bank Market Value Fee 78.77 44 12/06/06 MTB Bank Market Value Fee 80.56 01/08/07 MTB Bank Market Value Fee 80.17 02/06/07 MTB Bank Market Value Fee 80.49 03/06/07 MTB Bank Market Value Fee 80.78 04/06/07 MTB Bank Market Value Fee 79.04 05/07/07 MTB Bank Market Value Fee 79.96 06/06/07 MTB Bank Market Value Fee 79.60 07!06/07 MTB Bank Market Value Fee 79.42 08/06/07 MTB Bank Market Value Fee 79.45 0'9/06/07 M'I'B Bank Market Value Fee 80.56 10/09/07 MTB Bank Market Value Fee 82.33 1:L/06/07 MTB Bank Market Value Fee 82.38 12/06/07 MTB Bank Market Value Fee 82.95 01/07/08 MTB Bank Market Value Fee 81.85 0:?/06/08 MTB Bank Market Value Fee 80.89 03J06/08 MTB Bank Market Value Fee 80.46 04/07/08 MTB Bank Market Value Fee 78.46 O~i/06/08 MTB Bank Market Value Fee 79.38 -------------- TOTAL DISBURSEM ENTS OF INCOME .................. 3,497.16 -------------- ---------- 45 DISTRIBUTIONS OF INCOME TO BENEFICIARIES Duncannon Cemetery Association 03/10/05 Annual Annuity Distribution 10,000.00 03/10/06 Annual Annuity Distribution 10,000.00 03/12/07 Annual Annuity Distribution 10,000.00 03/10/08 Annual Annuity Distribution 10,000.00 -------------- Franklin & Marshall College 1:2/26/07 Distribution 945.53 0:3/28108 Distribution 3,364.68 -------------- TOTAL DISTRIBUTIONS TO BENEFICIARIES...... 40,000.00 4,310.21 -------------- 44,310.21 ------------- -------------- 46 INCOME BALANCE ON HAND Current Value Fiduciary Acquisition # Units Description or as Noted Value MTB Money Market-Inst I Fund #420 3,530.26 3,530.26 --------------- --------------- 3,530.26 3,530.26 --------------- --------------- ------------- ------------- 47 PROPOSED DISTRIBUTIONS TO BENEFICIARIES Current Value Fiduciary Acquisition # Units or as Noted Value Manufacturers and Traders Trust Company, Trustee under the Last Will and Testament (Trust B) of Adele W. Fox for Duncannon Cemetery Association - Entire Residue for Future Accounting ----------------------------------------- Principal: MTB Money Market-Inst I Fund 44,322.61 44,322.61 #420 97.585 shares Alpine Intl Real Estate 3,494.52 3,803.96 Equity Fund :87.745 shares Bridgeway Ultra Small 4,767.93 5,426.52 Co. Mkt Fd 71.603 shares CRM Mid Cap Value 2,137.35 2,113.65 Fd-Instl #32 1223.778 units Federated Strategic 6,473.79 7,388.28 Value Fund 12705.801units Federated Total Return 134,935.61 131,353.45 Bond Fund 312.11 shares Harbor International 22,709.12 18,881.26 Fund #11 221.516 shares LSV Value Equity Fund 3,630.65 3,932.89 3218.894 shares MTB Equity Index-Inst I 37,532.30 35,435.16 Fund #134 198.66 shares MTB Mid Cap Growth-Inst 2,874.61 2,852.00 I Fund #401 13.266 units MTB Small Cap 223.93 204.69 Growth-Inst I Fund #555 355.328 shares MTB Small Cap 1,901.00 2,600.38 Stock-Inst I Fund #571 2„356.77 shares MTB US Government Bond 22,106.50 21,766.87 Inst I Fund #822 1,,740.26 units Ridgeworth Seix FL Rate 16,010.39 16,732.14 HI Inc Fd-I 374.946 units T. Rowe Price Inst L/C 5,732.92 5,682.51 Growth 144.174 units Vanguard Value Index Fd 3,649.04 4,009.56 Signal #1346 -------------- -------------- 312,502.27 -------------- -------------- 306,505.93 ------- - ----- -------------- 48 Income: MTB Money Market-Inst I Fund #420 T0: Franklin & Marshall College ------------------------------- 1,775.64 -------------- 1,775.64 -------------- -------------- 314,277.91 ($1,705.56 Net Income for Period Beginning March 11,2006 and Ending March 12, 2007 + $49.06 Net Income for Period Beginning March 13, 2007 and Ending March 10, 2008 = $1,754.62) Income: MTB Money Market-Inst I Fund #420 1,754.62 -------------- 1,754.62 -------------- -------------- 316,032.53 -------------- -------------- 1,775.64 -------------- 1,775.64 -------------- -------------- 308,281.57 1,754.62 -------------- 1,754.62 -------------- -------------- 310,036.19 -------------- -------------- 49 AFFIDAVIT Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust Company, Trustee under the Last Will and Testament of ADELE W. F'Ox, deceased, hereby declares under oath that it has fully and faithfully discharged the duties of its 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 its knowledge, there are no claims now outstanding against the Tz-ust; that all taxes presently due from the Trust have been~iv'~ €~RES-DEN~ urers and 'Traders Trust Company Subscribed and sworn to by before me this day of: 2008. ~2 ~~~~ Notary Publi~ CpMMpNWEALTH OF PENNSYLVANIA Notarlei Seal Donna M. , NAY PubNc Cou'~N ~ ~ Ekes Od. 27, 2011 FAember, pe~naytvanle A~u~olellon of NOtefl~~ 50 TRUST COURT OF COMMON PLEAS OF Cumberland COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NAME OF TRUST (TRUST UNDER WILL OF TrustB U/W ofAdele W. Fox, As Reformed by Court Order or Dated December 3, 1999 TR UST UNDER DEED OF DATED ) No. 1998-00259 ~; -, .., _~ { _ ~ ~ ~_-M __ -- c ~ -,-, r..; --~ PETITION FOR ADJUDICATION / . '' ~' - ~ STATEMENT OF PROPOSED DISTRIBUTION `-%i --~ - -` `_ PURSUANT TO Pa. O.C. Rule 6.9 -- .~ - `~ - .., --; --" ~ ,, ~ This fog°m niay be used in all cases involving the Audit of Trust Accounts. If space is insufficief~.t, riders may be attached. INCL UDE A TTACHMENTS AT THE BACK OF THIS FORM. Name of Counsel: Robert R. Church, Supreme Court LD. No.: 40385 Name of Law Firm: Keefer Wood Allen & Rahal, LLP Address: 210 Walnut Street, P.O. Box 11963, Harrisburg, PA 17108-1963 Telephone: ~ 17-255-8059 Fax: 717-255-8003 Fo,~,n oc-o~ ~~~~~ io.ii.o~ Page 1 of 10 Name of Trust: Trust B U/W of Adele W. Fox, As Reformed 1. Name(s) and address(es) of Petitioner(s): Petitioner: Petitioner: Court Order Dated 12/03/1999 N,,,,,~, Manufacturers and Traders Trust Company Address: 213 Market Street Harrisburg, PA 17101 2. Check if any of the following issues are involved in this case: A. Appointment of Tnistee .................................. ......... ^ B. Interpretation .......................................... ......... ^ C. Discharge of Trustee .................................... ......... ^ D. Transfer of Situs ........................................ ......... ^ E. Appointment of Ad Litefn ................................. ......... ^ F. Minor, Unborn or Unascertained Beneficiary(ies) ............. ......... ^ G. Principal Distribution .................................... ......... ^ H. Partial/Full Termination of Tnist ........................... ......... ^ I. Missing Beneficiary(ies) ................................. ......... ^ J. Cy Pr~S ............................................... ......... ^ K. Williamson Issue* ...................................... ......... ^ L. OtlierIssues ........................................... ......... ^ List: Please note: A detailed explanation of issues checked should be set forth at item 13 below. * See Williamson Estnte, 368 Pa 343, 82 A.2d 49 (1951), if Trustee was also Executor of the settlor/decedent's estate and received commissions in such capacity. Form OC-0? rev / 0. /.3.06 Page 2 Of 10 Name of Trust: Trust B U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 3. Testamentary Trust: Decedent's date of death: March 20, 1998 Date of Decedent's Will: January 16, 1998, as Reformed By Court Order Dated 12 /03 / 1999 Date(s) of Codicil(s): Date of probate: March 26, 1998 or Inter Vivos Trust: Date of Trust: Date(s) of Amendment(s): 4. A. If any other Court has taken jurisdiction of any matter relating to this Trust, explain: N/A B. Identify all prior accountings and provide dates of adjudication. None. 5. A. State how each Trustee was appointed: Manufacturers and Traders Trust Company became Trustee by its merger with Allfirst Trust Company of Pennsylvania, N.A. ("Allfirst"). Allfirst was the successor entity of the merger of Allfirst and Dauphin Deposit Bank and Trust Company, a division of FMB ("Dauphin"). Dauphin was mined Trustee under Item VI of the Last Will and Testament of Adele W. Fox, As Reformed by Court Order Dated B. If a Petitioner is not a Tnistee, explain: December 3, 1999 ("Reformed Will") . N/A r-~,»~ oc-o? ~~~, io.~3.0~ Page 3 of 10 Name of Trust: Trust B U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 6. State how and when the present fund was awarded to Trustee(s): The trust property was awarded to the Trustee by Decree dated May 11, 2004, approving and confirming the First Amended First and Final Account of Beatrice Wright, Executrix of the Estate of Adele W. Fox, Deceased, as Supplemented through February 29, 2004. 7. Period covered by accounting: August 19, 2004 to May 31, 2008 Current fair market value of the Trust principal is $ 312,502.27 (See page 16 of Account.) 9. State concisely the dispositive provisions of the Trust: Pursuant to Item VI of the Reformed Will, the Trustee is directed to distribute from the net income of Trust B $10,000 per year to Duncannon Cemetery Association. The Trustee is directed to distribute any remaining net income to Franklin and Marshall College. 10. Explain the reason for filing this Account (if filed because of the death of a party, state name of person, relationship to Trust and date of death): The Trustee is filing this First and Interim Account for its administration of Trust B to provide an accounting of its administration of the trust property during the accounting period. Form oc-oz rev 10.13.06 Page 4 of 10 Name of Trust: Trust B U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 11. State why a Petition for Guardian/Trustee Ad Litem has or has not been filed for this Audit (see Pa. O.C. Rule 12.4): N/A 12. A. State the amount of Pennsylvania Transfer Inheritance Tax and Pennsylvania Estate Tax paid (including postponed tax on remainder interests), the dates of payment and the interests upon which such amounts were paid: Date Payment Interest N/A B. If any such taxes remain unpaid or are in dispute, explain: N/A 13. Describe any questions requiring Adjudication and state the position of Petitioner(s) and give details of any issues identified in item 2: None Form OGO? rein 10.13.06 Page S Of I ~ Name of Trust: Trust B U/W of Adele W. Fox, As Reformed By Court Order Dated ].2/03/1999 14. Written notice of the Audit as required by Pa. O.C. Rules 6.3, 6.7 and 6.8 has been or will be given to all parties in interest listed in item 15 below. In addition, notice of any questions requiring Adjudication as discussed in item 13 above has been or will be given to all persons affected thereby. A. If Notice has been given, attach a copy of the Notice as well as a list of the names and addresses of the parties receiving such notice. B. If Notice is yet to be given, a copy of the Notice as well as a list of the names and addresses of the parties receiving such Notice shall be submitted at the Audit together with a statement executed by Petitioner(s) or counsel certifying that such Notice has been given. C. If any such party in interest is not sui juris (e.g., minors or incapacitated persons), Notice of the Audit has been or will be given to the appropriate representative on such party's behalf as required by Pa. O.C. Rule 5.2. D. If any charitable interest is involved, Notice of the Audit has been or will also be given to the Attorney General as required under Pa. O.C. Rule 5.5. In addition, the Attorney General's clearance certificate (or proof of service of Notice and a copy of such Notice) must be submitted herewith or at the Audit. 15. List all parties of whom Petitioner(s) has/have notice or knowledge, having or claiming any interest in the Trust, whether such interest is vested or contingent, charitable or non-charitable. This list shall: A. State each party's relationship to the Settlor/Decedent and the nature of each party's interest(s); Name and Address o/Each Party in !merest ~ Relationship and Comments, if any ~ ln[erest Attorney General of The Parens Patriae Commonwealth of Pemisylvania 16th Floor, Strawberry Square Han-isburg, PA 17120 Duncannon Cemetery Association Income Beneficiary first $10,000 of 1 13 Denville Road annual net income Duncannon, PA 17020 Attn: Jane Clouser, Treasurer Fo,m oc-oz rev io.i3.o6 Page 6 of 10 Name of Trust: Trust B U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 Name and Address of Each Party in Interest ~ Relationship and Canunents Interest Franklin and Marshall College Income Beneficiary Balance of Any P.O. Box 3003 Annual Net Income Lancaster, PA 17604-3003 Attn: Elizabeth Dunlap, Assoc. Tre B. Identify each party who is not sui juris (e.g., minors or incapacitated persons). For each such party, give date of birth, the name of each Guardian and how each Guardian was appointed. If no Guardian has been appointed, identify the next of kin of such party, giving the name, address and relationship of each; and None C. If distribution is to be made to the personal representative of a deceased party, state date of death, date and place of grant of Letters and type of Letters granted. N/A 16. If Petitioner(s) has/have knowledge that a Trust share has been assigned or attached, provide a copy of the assignment or attachment, together with any relevant supporting documentation. 17. If a trustee's principal commission is claimed: A. If based on a written agreement, attach a copy thereof. Fo,», oc-o? ,-ev ~o. r3.o6 Page 7 of 10 Name of Trust: Trust B U/W of Adele W. FoY, As Reformed By Court Order Dated 12/03/1999 B. If a principal commission is claimed, state amount. None C If a principal commission is claimed, state the amounts and dates of any principal commissions previously paid in prior accounting periods. Amou~st Date Paid 18. If a reserve is requested, state amount and purpose. A» ioa~rl: Pa,~~s~: N/A The Tnlstee will continue to hold, administer and distribute the remaining trust property in accordance with the terms of the Refoi~ned Will. If a reserve is requested for counsel fees, has notice of the amount of fees to be paid from the reserve been given to the parties in interest? ........................................ Q Yes ~ No If so, attach a copy of the notice. 19. Is the Court being asked to direct the filing of a Schedule of Distribution? .......................... ~/ Yes ~No Fo,,>> oc-oz ,~~,~ ro.~3.06 Page 8 of 10 Name of Trust: Trust B U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 Wherefore, your Petitioner(s) ask(s) that distribution be awarded to the par-ties entitled and suggest(s) that the distributive shares of income and principal (residuary shares being stated in proportions, not amounts) are as follows: A. Income: Proposed Disn ibutee(s) Amount/Proportiat SEE ATTACHED SHEET B. Principal: Proposed Disa-ibtaee(s) Antount/Proportion Manufacturers and Traders Trust Company, 100% Trustee of Trust B U/W of Adele W. Fox, As Reformed by Court Order Dated 12/03/1999 Submitted By: (All petitioners must sign. Acld additional lines if necessary): h~ PRESIDrk't ~1 i~ _ .~ 8i TRUST OFF;.~~~ Name of Petitioner: Manufacturers and Traders Trust Company, Trustee of Trust B U/W of Adele W. Fox, As Name of Petitioner: Reformed by Court Order Dated December 3, 1999 Form OC-02 rer 10.13.06 Page 9 Of 10 Name of Trust: Trust B U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 Verification of Petitioner (Verification must be by at least one petitioner.) The undersigned hereby verifies * [that ~si,~ is tuts Vice President and Trust Officer of the above-named ,ta„t~ ofcorporatiat Manufacturers and Traders Trust Co. and] that the facts set forth in the foregoing Petition for Adjudication /Statement of Proposed Distribution which are within the personal knowledge of the Petitioner are true, and as to facts based on the infornlation of others, the Petitioner, after diligent inquiry, believes them to be true; and that any false statements herein are made subject to the penalties of 18 Pa. C.S. § 4904 (relating to unsworn falsification to authorities). ~ss7. vs~: , l~ ~~ Sign re o etitioner * Corporate petitioners must complete bracketed information. Certification of Counsel The undersigned counsel hereby certifies that the foregoing Petition for Adjudication / Statement of Proposed Distribution is a true and accurate reproduction of the form Petition authorized by the Supreme Court, and that no changes to the form have been made beyond the responses herein. I Signat of Counsel for Pet tioner Form OC-0? rein [0.13.06 Page 10 Of 10 Insert to Accompanying Petition To the First And Interim Account of Manufacturers and Traders Trust Company, Trustee of Trust B U/W of Adele W. Fox, As Reformed By Court Order Dated December 3, 1999 ]?age 9, of the Petition: Wherefore, your Petitioner(s) ask(s) that distribution be awarded to the parties entitled and suggest(s) that the distributive shares of income and principal (residuary shares being stated in proportions, not amounts) are as i:ollows: A. Income: Proposed Distributee(s) Franklin & Marshall College Amount/Proportion $1,754.62 ($1,705.56 net income for the period beginning March 11, 2006 and ending IVIarch 12, 2007 plus $49.06 net income for the period beginning March 13, 2007 and ending March 10, 2008 = $1,754.62). Manufacturers and Traders Trust Company, 100% of balance Trustee of Trust B U/W of Adele W. Fox, As Reformed by Court Order Dated 12/03/1999 ~~ ---- 1N RE: iN THE COURT OF COMMON PLEAS OF CL11v18ER'~+,ND COUNTY, PENNSYLVANIA ESTATE OF NO. 21-98-~59 ORPHAh15' COURT AbE:.E U1r'. FOX ; ORDER pF COURT AND NOW, Dec°mber 3,1999, after notice and hearing and after conslderatian of the petition to reform wiil and testamentary trUSt end responses thereto, it is hereby ordered, judged and dsc,"ead that the will is reformed to be ~ansistent in a!i respects with Exhibit C fo the Executrix's petition. Gour;sef far the estate is directed to inform the Interna4 Revenue Service of this order. B e , rge . Hoffer, P.J, Joseph D. Buckley, csquir~ For the Estate Kendra McGuire, Esquire For FB~M Collage Heather Vanes--Rittman, Esquire Attor*+ey Genet~l's Office Jerry A F-hiipott, Esquire For Cuncannon Cemetery P.ssoaatlon A TRIG COPY FRAM R~^.Uf"10 fn 7aat'r;itmy ra~reacl, f heravn,o set rnY hantl Srr~; G`~3 :. ' i.~' ". ,.; .;a 3t ~an!s1~, PA >> ~ - r ,J _ _ ' ~ rk of ttw R:,~c Gcnr.r ~ Cutn~x+anC Gounl~~ LAST WILL AND TESTAMENT I, ADELE W. FOX, of Unit 57, 4905 E. Trindle Road, County Meadows, Mechanicsburg, Pennsylvania 17055, do make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils by me at any time made. Item I: I direct that all inheritance and estate taxes becoming due by reason of my death, whether such taxes may be payable by my estate or by any recipient of any property, shall be paid by the Executor out of the property passing under ITEM XII of this Will, as an expense and cost of administration of my estate. The Executor shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not: passing under this Will. to I direct the Executor to pay the expenses of my last illness and funeral expenses from the property passing under this Will as an expense and cost of administration of my estate. Item III: To the extent not transferred to a co-owner by operation of law, I give and bequeath any jointly owned certificate of deposit or jointly owned bank account, to the co-owner the;reof, so that upon my death the individual whose name is listed on the account becomes the sole owner of the entire account. Item IV: I give and bequeath as follows: A. To Lynn Zale, I give my Jamaican fish necklace and my wedding ring with all diamonds attached; B. To Pat Palmer, I give my amethyst ring, Mobe pearl choker, and pinkie ring with 51.00 gold coin; C. To Kathryn George, of 6 Frost Avenue, Frostburg, Maryland, I give my gold choker with four 51.00 gold coins; , D. To Georgina Walaitis Hearn, of 22 ~6 S. 66th Street, Philadelphia, Pennsylvania, I give my Mexican silver choker, pinkie diamond ring, and one strand pear necklace; E. To Beatrice L~'right. I gig e my necklace with a S?0.00 gold coin, and my S 1000. alligator bag; F. To Joan Lacombe, of.~iken, Georgia. I ;ive my cut-glass vase and the three tivomen figurines, v G. To Ralph Schumack, I give all of the balance of my household furniture and furnishings, books, pictures, jewelry, wearing apparel, and other (ike tangible personal property to be given or distributed in any manner he deems appropriate. Item V; I give and bequeath the sum of ONE THOUSAND FIVE HUNDRED (51,00.00) DOLLARS to ST. GEORGE'S CEti1ETERY, Shenandoah, Pennsylvania, N TRUST NEVERTHELESS, ("Trust A") to be administered as herein provided for the following users and purposes and under the following terms and conditions: The Trustee shall place the sum of ONE THOUSAND FIVE HUNDRED (51,500.00) DOLLARS as a separate fund and shall pay from the income from such separate fund approximately three-fourths of the net income thereof for flowers for the burial lots of my parents, WALAITIS in ST. GEORGE'S CEMETERY, Shenandoah, Pennsylvania, on Memorial Day of each year. The balance of the net income shall be used, if needed in addition to the $1,000.00 already paid during my lifetime, for further care and maintenance of such lots and the grave markers thereon as necessary. jlem VI: A. I give and bequeath the sum of Two Hundred Ninety Nine Thousand Eight Hundred Sixty Dollars and No Cents (5299,860.00) to Dauphin Deposit Bank and Trust Company, Harrisburg, Pennsylvania, IN TRUST, ("Trust B") to be administered as herein provided. The Trustee shall pay 510,000.00 per year from the net income of Trust B to the Duncannon Cemetery Association any remaining net income of Trust B is to be paid to Franklin and Marshall College. Item VI• B. It being my intention to establish a charitable remainder annuity trust within the meaning of section 8 of Rev. Prot. 90-32 and Section 664(d)(1) of the Internal Revenue Code of 1986, as amended (the "Code"), I give, devise and bequeath all the rest, residue and remainder of my estate, whether real, personal, or mixed, and wheresoever situate, to DAUPHIN DEPOSIT EAN-K AND TRUST COMPANY, IN TRUST, ("Trust C") to be administered as herein provided for the following beneficiaries and under the terms and conditions set forth belotiv: (a) In each taxable year of Trust C the Trustee shall pay an annuity amount equal to 5% of the initial net fair market value of the assets of Trust C as finally determined for federal tax purposes. The annuity amount shall be paid from income and, to the extent ghat income is not sufficient, from principal. The annuity amount shall ~e distributed t~o the following beneficiaries: 1. Three Thousand Dollars (S3,000.00) per year to Carol Kudis for her lifetime only. ?. Two Thousand Dollars (5?.000.00) per year to Brian Delancey for his lifetime only. (b) Any remaining annual annuity tnzst amount after satisfaction the annual distributions above shall be paid to the following charitable beneficiaries: 1. Ten Thousand Dollars (510,000.00) per year paid to the EAGLE FOUNDATION of the Cumberland Valley School District and to be known and designated as the "Adele Fox Award"; 2. Five Thousand Dollars (55,000.00) per year paid to the SUSQUENITA SCHOOL DISTRICT for annual scholarship award, to be known and designated as the "Adele Fox Award", to be granted using whatever criteria and determinations, as the School District, in its sole discretion, deems appropriate; 3. Five Thousand Dollars (55,000.00) per year paid to the NATIONAL AMER-ICAN RED CROSS DISASTER RELIEF FUND; and 4. The balance of the annuity trust amount shall be paid to FRANKLIN AND M:ARSHALL COLLEGE, in memory of Richard N. Fox and Adele W. Fox. (c) Any net income of Trust C for any taxable year of Trust C in excess of the annuity mist amount (less the amount of any annuity distributions in prior years that exceeded the net income of the trust for such year. to the extent not previously offset) shall be distributed to the charitable beneficiaries set forth under subparagraph (b) of this Item VI.B. above to the extent the armuity amount was insufficient to satisfy the annual distributions and any such remaining net income for such taxable year shall be paid to FRANKLIN AND MARSHALL COLLEGE. (d) Any amounts paid under Item VI.B. shall be paid in quarterly or other convenient installments. (e) Notwithstanding any other provision of this Trust C, no payment shall be made to an organization under (b), (c), or (f) unless such organization is a "charitable organization" as described in Sections 170(c), 2055(x) and 2522(x) of the Code of 1986 at the time when any assets of Trust C are to be distributed to it. If any of the "charitable organizations", other than Franklin and Marshall College, is not an organization described in Sections 170(c), 2055(x) and 2_>22(a) of the Code at the time when any principal or income of the Trust is to be distributed to it, then the Trustee shall distribute such principal or income to Franklin and Marshall College, provided that it is then an organization described in Sections 170(c), 205~(a) and 2522(x) of the Code. If Franklin and Marshall College is not an organization described in Sections 170(c), 2055(x) and 2522(x) of the Code at the time when any principal or income of the Trust is to be distributed to it, then the Trustee shall distribute such principal or income to such one or more organizations described in Sections 170(c), 2055(x) and 2522(x) of the Code as the Trustee shall select in its sole discretion, taking into consideration my charitable intentions as expressed in this will. No additional contributions shall be made to Trust C after the initial contribution. The initial contribution, however, shall consist of all property passing to Trust C by reason of my death. (t~ I~pon the death of the sur~~i~~or of Carol Kudis and Brian Delancey, the Trustee shall hold al( of the then principal and income of the Trust C (other than any amount due either Carol Kudis or Brian Delancey or their estates under the provisions abo~ e) to be administered as follows. All of the net income of the Trust C shall be paid in the amounts set forth below in quarterly or other convenient installments in perpetuity to the following four (=>•) beneficiaries: 1. Ten Thousand Dollars jS10,000.00) per year to the EAGLE FOUNDATION of the Cumberland Valley School District and to be known as designated as the "Adele Fox ward"; and 2. Five Thousand Dollars (55,000.00) per year paid to the SUSQUENITA SCHOOL DISTRICT for annual scholarship award, to be known and designated as the "Adele Fox Award", to be granted using whatever criteria and determinations, as the School District, in its sole discretion, deems appropriate; 3. Five Thousand Dollars (55,000.00) per year paid to the NATIONAL Ai~1ERICAN RED CROSS DISASTER RELIEF FUND; and 4. The balance of all the annual net income shall be paid to FRANKLIN AN'D MARSHALL COLLEGE, in memory of Richard N. Fox and Adele W. Fox. (g) The taxable year of Trust C shall be the calendar year. (h) If the net fair market value of the assets of Trust C is incorrectly determined, then within a reasonable period after the value is finally determined for federal tax purposes, the Trustee of Trust C shall pa}~ to the beneficiaries (in the case of an undervaluation) or receive from the beneficiaries (in the case of an overvaluation) an amount equal to the difference between the annuity amount(s) properly payable and the annuity amount(s) actually paid. (i) The obligation to pay the annuity amount shall commence with the date of my death, but payment of the annuity amount may be deferred from such date until the end of the taxable year of Trust C in which occurs the complete funding of Trust C. Within a reasonable time after the end of the taxable year in which the complete funding of Trust C occurs, the Trustee of Trust C must pay to the beneficiaries (in the case of an underpayment) or receive from the beneficiaries (i:n the case of an overpayment) the difference bettiveen: (1) any annuity amounts actually paid, plus interest, compounded annually, computed for any period at the rate of interest that the federal income tax regulations under Section 664 of tie Code prescribe for Trust C for such computation for such period; and (2) the annuity amounts payable, plus interest, compounded annually, computed for any period at the rate of interest that the federal income tax regulations under Section 664 of the Code prescribe for Trust C for such computation for such period. (j) In determining the annuity amount, the Trustee of Trust C shall prorate the same on a daily basis for a short taxable year and for the taxable year ending with the death of the survivor of Carol Kudis and Brian Delancey. Item VII: In the settlement of my estate and during the continuance of the foregoing Trust A, Trust B and Trust C, (hereinafter referred to collectively as the "Trusts") the Executor and each Trustee of the respective Tnzsts (hereinafter collectively referred to as the "Trustees") shall possess, among others, the following powers: (a) To retain any investments I may have at my death, including specifically those consisting of stock of any ban(: even if I have named such bank as the Executor or Trustees herein, so Iong as t11e Executor or Trustees may deem it advisable to my estate to do so. (b) To vary investments, when deemed desirable by the >Uxecutor or Trustees. and to invest in such bonds. stocks, notes, real estate mortgages or other securities or in such other property, real or personal, as they shall deem wise. tivithout being restricted to so-cai(ed -~iegal investments", and without being limited by any statute or nile of law regarding investments by fiduciaries. (c) In order to effect a division of the principal of the Trusts or for any other purpose. including any ttnal distribution of the Tntsts, the Executor or Trustees are authorized to make said divisions or distributions of the personalty and realty, partly or wholly in kind, and to allocate specific assets among beneficiaries and Trusts created hereunder so long as the total market value of any share is not affected by such division, distribution or allocation in kind. Should it appear desirable to partition any real estate, the Executor or Trustees are authorized to make, join in and consummate partitions of lands, voluntarily or involuntarily, including giving of mutual deeds, recognizances or other obligations, with as wide poser as an individual owner in fee simple. (d) To sell either at public or private sale and upon such terms and conditions as the Executor or Trustees may deem advantageous to the estate or Trusts, any or all real or personal estate or interest therein owned by the estate or Trusts severally or in conjunction with other persons or acquired after my death by the Executor or Trustees, 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 others writings which may be necessary or desirable in carrying out any of the powers conferred upon the Executor or Trustees in this paragraph or elsewhere in my Will. (e) To mortgage real estate, and to make leases or real estate. (f} To borrow money from any party, including the Executor or Trustees, to pay indebtedness of mine or of my estate, expenses of administration or inheritance, legacy, estate and', other taxes, and to assign and pledge assets of my estate therefor. (g) To pay all cost, taxes, expenses and charges in connection with the administration of my estate or the Trusts. (h) To vote any shares of stock which form a part of the estate or Trusts, and otherwise to exercise all the powers incident to the ownership of such stock. (i) In the discretion of the Executor or Trustees, to unite with other owners of similar property in carrying out any plans for the reorganization of any corporation or company whose secLtrities form a part of the estate. (jj To disclaim any interest in property which would devolve to me or my estate by whatever means, including but not limited to the following means: as beneficiary under a will, as an appointee under the exercise of a power of appointment, as a person entitled to take by intestacy, as a donee of an inter vivos transfer, and as a donee under a third-party beneficiary contract. (k)To do all other acts in their judgement deemed necessary or desirable for the proper and advantageous management, investment and distribution of the estate or the Trusts. (1) I direct that insofar as possible, the stock of banks and bank holding corporations, or the successors thereof, owned by me at my death shall not be sold by my Executor or Trustees. {rn) The laws of the Commom~~ealth of Pennsylvania shall govern the operation of the Trusts and the situs of such tnrsts shall be Cumberland County, Pennsylvania. (n) `notwithstanding the foregoing provisions of this Item VII, the Trustee of Tnrst C shall make distributions at such time and in such maruzer as not to subject Trust C to tax under Section 4942 of the Code. Except for the payment of the annuity amount to the beneficiaries, the Trustee of Trust C shall not engage in anv act of self-dealing, as defined in Section 4941 (d) of r. the Code, and shall not make any taxable expenditures, as defined in Section 4945(d) of the Code. The Trustee of Trust C shall not make any investments that jeopardize the charitable purpose of Trust C, within the meaning of Section 4944 of the Code and the regulations thereunder, or retain any excess business holdings, within the meaning of Section 4943(c) of the Code. (o) The Trustee of Trust C shall have the power, acting alone, to amend Trust C in any manner required for the sole purpose of ensuring that Trust C qualifies and continues to qualify as a charitable remainder annuity trust within the meaning of Section 664(d){1} of the Code. (p} i~lothing herein shall be construed to restrict the Trustee of Trust C from investing Trust C's assets in a manner that could result in the annual realization of a reasonable amount of income or gain from the sale or dispositions of Trust C's assets. 11g~V~. I hereby nominate, constitute and appoint BEATRICE WRIGHT to be my Executrix (hereinafter referred to as "Executrix"), provided she agrees to serve for a fee of no more than Twenty Thousand ($20,000.00) Dollars. In the event that she is unable or unwilling to serve, I hereby nominate, constitute and appoint Carol Kudis as Executrix under the same terms and conditions. The Executrix and Trustees are specifically relived from the duty or obligation of filing any bond or other security. Ttem IX I request that my Executrix and Trustees insofar as possible retain the services of Allen E. Hench, Esq., Newport, Pennsylvania. IN WITNESS WHEREOF, I have set my hand and seal to this, my Last Will and Testament, consisting of this and the preceding five (5) pages, at the end of each page of which I have also set my initials for greater security and better identification this day of January 1998. SEAL) ADELE bV. FOX We, the undersigned, hereby certify that the following will was sign€d, 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 first above ~ti~ritten, and we certify that at the time of the execution thereof, the said Testatrix was of sound and disposing mind and memory. (SEAL) Residing at IN RE TRU5T B U/W OF ADELE W. FOX, AS REFORMED BY COURT ORDER DATED, DECEMBER 3, 1999 IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 1998-00259 CERTIFICATE OF SERVICE I hereby certify that on the 23rd day of July, 2008, a true an correct copy of the foregoing document was served by either hand delivery or certified mail, X>ostage prepaid, upon the following, and that the requirements of Rule 6.31(a) and Rule 6.31(b) have been met: Manufacturers and Traders Trust Company c;/o Keefer Wood Allen & Rahal, LLP 210 Walnut Street P.O. Box 11963 Harrisburg, PA 17108-1963 =Duncannon Cemetery Association 113 Dellville Road .Duncannon, PA 17020 .Anne; Jane Clouser, Treasurer Dated: July 23, 2008 Attorney General Of The Commonwealth of Pennsylvania 16t'' Floor Strawberry Square Harrisburg, PA 17120 Franklin and Marshall College P.O. Box 3003 Lancaster, PA 17604-3003 Attn: Elizabeth Dunlap, Assoc. Tress. Stepha e Kleinfe ter, Es ~. Keefer ood Allen & Rahal LLP Counsel for Petitioner =3,a~~,~~5~~i COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION N0. 21-98-259 TRUST (C) UNDER THE WILL OF ADELE W. FOX AS REFORMED BY COURT ORDER DATED DECEMBER 2, 1999 ------------------------------------------------- FIRST AND INTERIM ACCOUNT OF Manufacturers and Traders Trust Company, Trustee, Successor to Dauphin Deposit Bank and Trust Company, Trustee Date of Death: March 20, 1998 Date of Trustee's first receipt of funds: August 19, 2004 Accounting for the Period: August 19, 2004 to May 31, 2008 Purpose of Account: Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust Company, Trustee, offers this account to acquaint interested parties with the transactions that have occurred during this a<~nini s trat ion . It= is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with: ~..:~ Manufacturers and Traders Trust Company ~ c~ w - 213 Market Street -0 ~ `~_ Harrisburg, PA 17101 ,' _:~t~-~ r---- - (717 ) 2 5 5 - 210 9 r--- ~ rE N ~ ,': _ z, c~ - -- .. ~ ;f, ~-~ ~_; C --t ~ s.. ~" 7 ~ Robert R. Church, Esquire ;{ -' Keefer, Wood, Allen & Rahal, LLP y '-" 210 Walnut Street ~ P. 0. Box 11963 Harrisburg, PA 17108-1963 (717) 255-8038 SL(MMARY OF ACCOUNT Trust (C) Under the Will of Adele W. Fox as Reformed by Court Order Dated December 2, 1999 For Period of 08/19/2004 through 05/31/2008 Proposed Distributions to Beneficiaries Page Fiduciary Current Acquisition Value Value 85-86 2,676,726.77 2,505,334.71 PFt I NC I PAL Receipts: This Account Adjustments Net Gain (or Loss) on Sales or Other Disposition 3-4 2,719,048.08 4-5 1,222.00 6-18 272,712.65 --------------- 2,960,012.08 Less Disbursements: General Disbursements Fees and Commissions Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand For Information: Investments Made Changes in Investment Holdings 19-20 12,834.00 20 23,952.30 36,786.30 --------------- --------------- 2,923,225.78 21 454,653.29 22-23 2,468,572.49 24-31 32-55 ITQCOME RE=_ceipts: This Account NE=t Gain (or Loss) on Sales or Other Disposition 56-78 247,213.63 0.00 --------------- 247,213.63 L~_ss Disbursements Balance Before Distribution Distributions to Beneficiaries Income Balance on Hand For Information: Investments Made Changes in Investment Holdings COMBINED BALANCE ON HAND 79-81 84,237.98 --------------- 162,975.65 82-83 126,213.43 --------------- 84 36,762.22 2 2,505,334.71 --------------- --------------- RECEIPTS OF PRINCIPAL CASH: 08/19/04 Merrill Lynch CMA Account - 856,131.79 Cash 09/01/04 Merrill Lynch Account - Cash 609.83 Balance 11/10/04 First National Bank of Newport 13,854.10 - Balance of Adele W. Fox Estate Checking Account 09/28/05 Pennsylvania Dept of Revenue - 2.44 Interest on 2004 Fiduciary Income Tax Refund 09/28/05 Pennsylvania Dept of Revenue - 119.00 2004 Fiduciary Income Tax Refund 09:/09/08 Transfer From Income - To 257.00 Cover State Estimated Tax Overpayment 05/28/08 Internal Revenue Service - 1,252.00 2007 Fiduciary Income Tax Refund - ------------- STOCKS/LISTED: RECEIVED IN ACCORDANCE WITH EST ATE OF ADELE W. FOX PROPOSED STATEMENT OF DISTRIBUTION AS OF FEBRUARY 29, 2004, DECREE DATED MAY 11, 2004: 08/10/04 10,360 shares First Perry Bancshares, 208,909.40 Inc. 08/10/04 3,604 shares National Penn 42,840.00 Bancshares, Inc. 0£3/18/04 22,587 shares PNC Financial Services 1,366,513.00 Group Fiduciary Acquisition Value 872,226.16 3 RECEIVED FROM MERRILL LYNCH CMA ACCOUNT: 08%27/04 4 shares Agere Systems, Inc. 92.67 Class A 08/27/04 121 shares Agere Systems, Inc. 2,278.11 Class B 08/27/04 1,800 shares Allied Irish Bks Plc 46,425.00 Spons ADS 08/27/04 133 shares AT&T Corporation 8,254.25 08/27/04 214 shares AT&T Wireless Services 6,348.80 08/27/04 38 shares Avaya, Inc. 752.35 08/27/04 628 shares BellSouth Corp 20,008.00 08/27/04 216 shares Comcast Corp New A 13,815.82 08/27/04 460 shares Lucent Technologies, 10,615.87 Inc. 08/27/04 247 shares Qwest Communications 7,779.00 International, Inc. 08/27/04 1,171 shares SBC Communications Inc 46,657.00 08/27/04 494 shares Verizon Communications 25,873.00 08/27/04 350 shares Vodafone Group Plc ADS - 6,689.00 ------------- 1,813,851.27 ADJUSTMENTS: 12/31/04 $50,000 Treasury Investment 156.95 Growth Rcpt/Prin due 11/15/05 - Accreted Discount 12/31/04 $75,000 Treasury Investment 437.40 Growth Rcpt/Prin due 11/15/05 - Accreted Discount 02/15/05 $75,000 Treasury Investment 149.81 Growth Rcpt/Prin due 11/15/05 - Current year Taxable OID 02/15/05 $75,000 Treasury Investment (587.21) Growth Rcpt/Prin due 11/15/05 - Disposition of Accretion 11./15/05 $50,000 Treasury Investment 1,065.05 Growth Rcpt/Prin due 11/15/05 - Accreted Discount 4 07/31/06 (75)shares Vodafone Group Plc ADS - 0.00 Share adjustment - Reverse Split 08/04/06 600 shares Vodafone Group PLC 1.00 Class B Spons ADR - Received in Reverse Split 08/18/06 (600)shares Vodafone Group PLC (1.00) Class B Spons ADR - Distributed - Deemed Worthless -------------- TOTAL RECEIPTS OF PRINCIPAL .............. 1,222.00 -------------- 2,687,299.43 -------------- -------------- s GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL Gain Loss 08/23/04 3,604 shares National Penn Bancsh ares, Inc. Net Proceeds 102,729.61 Fid. Acq. Value 42,840.00 08/25/04 22,587 shares PNC Financial Services Group Net Proceeds 1,184,660.40 Fid. Acq. Value1,366,513.00 09/02/04 4 shares Agere Systems, Inc. Class A Net Proceeds 4.75 Fid. Acq. Value 92.67 09/02/04 121 shares Agere Systems, Inc. Class B Net Proceeds 143.98 Fid. Acq. Value 2,278.11 09/02/04 1,800 shares Allied Irish Bks Plc Spons ADS Net Proceeds 56,072.68 Fid. Acq. Value 46,425.00 05/02/04 133 shares AT&T Corporation Net Proceeds 1,941.75 Fid. Acq. Value 8,254.25 09/02/04 38 shares Avaya, Inc. Net Proceeds 476.88 Fid. Acq. Value 752.35 09/02/04 628 shares BellSouth Corp Net Proceeds 16,666.72 Fid. Acq. Value 20,008.00 09/02/04 460 shares Lucent Technologies, Inc. Net Proceeds 1,407.56 Fid. Acq. Value 10,615.87 59,889.61 181,852.60 87.92 2,134.13 9,647.68 6,312.50 275.47 3,341.28 9,208.31 6 09/02/04 09/02/04 10/27/04 10/28/04 11./23/04 11./24/04 11./24/04 11_/24/04 0.00 0.00 Fid. Acq. Value 208,909.40 100,847.35 247 shares Qwest Communications International, Inc. Net Proceeds 691.58 Fid. Acq. Value 7,779.00 1,171 shares SBC Communications Inc Net Proceeds 30,257.93 Fid. Acq. Value 46,657.00 214 shares AT&T Wireless Services - Mandatory Cash Merger Net Proceeds 3,210.00 Fid. Acq. Value 6,348.80 $150,000 American General Finance IB-CP 1.765 due10/28/04 Net Proceeds 150,000.00 Fid. Acq. Value 150,000.00 $75,000 Mortgage Int. Network IB-CP 1.7~ due 11/23/04 Net Proceeds 75,000.00 Fid. Acq. Value 75,000.00 10,360 shares First Perry Bancshares, Inc Net Proceeds 309,756.75 Loomis Sayles Small Cap Value Fund I - Long Term Capital Gains Distribution Net Proceeds 786.97 Fid. Acq. Value 0.00 Loomis Sayles Small Cap Value Fund I - Short Term Capital Gains Distribution Net Proceeds 497.29 Fid. Acq. Value 0.00 11/29/04 $75,000 Household Finance IB-CP 1.93 due 11/29/04 Net Proceeds 75,000.00 Fid. Acq. Value 75,000.00 786.97 497.29 0.00 7,087.42 16,399.07 3,138.80 7 12/02/04 Microsoft Corp - Special Dividend Net Proceeds 2,550.00 Fid. Acq. Value 0.00 2,550.00 12/23/04 CRM Mid Cap Value Fund-Instl #32 - Long Term Capital Gains Distribution Net Proceeds 663.45 Fid. Acq. Value 663.45 12/23/04 CRM Mid Cap Value Fund-Instl #32 - Short Term Capital Gains Distribution Net Proceeds 1,568.61 Fid. Acq. Value 0.00 1,568.61 12/28/04 $150,000 General Electric Co IB-CP 1.88 due 12/28/04 Net Proceeds 150,000.00 Fid. Acq. Value 150,000.00 0.00 01/03/05 Harbor International Fund #11 - Long Term Capital Gains Distribution Net Proceeds 711.27 Fid. Acq. Value 0.00 711.27 01/26/05 $150,000 General Electric Cap IB-CP 2.07 due 1/26/05 Net Proceeds 150,000.00 Fid. Acq. Value 150,000.00 0.00 02/14/05 40 shares PHH Corporation Net Proceeds 843.97 Fid. Acq. Value 809.19 34.78 02/15/05 $75,000 Treasury Investment Growth Rcpt/Prin due 11/15/05 Net Proceeds 74,412.79 Fid. Acq. Value 74,412.79 0.00 03/03/05 800 shares Cendant Corporation Net Proceeds 17,651.66 Fid. Acq. Value 16,770.81 880.85 g 03/22/05 375 shares Lear Corporation Net Proceeds 16,816.81 Fid. Acq. Value 20,158.25 03/29/05 $150,000 Pru Funding IB-CP 2.32 due 3/29/05 Net Proceeds 150,000.00 Fid. Acq. Value 150,000.00 0.00 04/05/05 800 shares Morgan Stanley Group Inc Net Proceeds 45,620.02 Fid. Acq. Value 40,773.00 4,847.02 05/10/05 $50,000 Federal Home Loan Mortgage Discount Notes due 5/10/05 Net Proceeds 49,668.86 Fid. Acq. Value 49,668.86 0.00 06/09/05 $50,000 Federal Home Loan Mortgage Discount Notes due 6/9/05 Net Proceeds 49,415.00 Fid. Acq. Value 49,415.00 0.00 07/05/05 $75,000 Federal National Mortgage Assn Disc Notes due 7/5/05 Net Proceeds 74,389.71 Fid. Acq. Value 74,389.71 0.00 08/12/05 600 shares Viacom, Inc. Class B Net Proceeds 20,720.55 Fid. Acq. Value 21,173.00 08/15/05 150 shares Cerner Corporation Net Proceeds 11,797.00 Fid. Acq. Value 7,084.67 4,712.33 08/15/05 150 shares Express Scripts, Inc. Net Proceeds 8,239.15 Fid. Acq. Value 4,752.50 3,486.65 3,341.44 452.45 9 09/21/05 $50,000 Federal National Mortgage Assn Disc Notes due 9/21/05 Net Proceeds 49,218.25 Fid. Acq. Value 49,218.25 0.00 10/26/05 $25,000 Federal Home Loan Bank Discount Notes due 10/26/05 Net Proceeds 24,780.40 Fid. Acq. Value 24,780.40 0.00 11/02/05 $50,000 Federal National Mortgage Assn Disc Notes due 11/2/05 Net Proceeds 48,906.04 Fid. Acq. Value 48,906.04 0.00 11/15/05 $50,000 Treasury Investment Growth Rcpt/Prin due 11/15/05 Net Proceeds 50,000.00 Fid. Acq. Value 50,000.00 0.00 12/01/05 $50,000 American International Group 2.85 due 12/1/05 Net Proceeds 50,000.00 Fid. Acq. Value 50,311.50 12/16/05 CRM Mid Cap Value Fund-Instl #32 - Long Term Capital Gains Distribution Net Proceeds 1,358.58 Fid. Acq. Value 0.00 1,358.58 12/21/05 Harbor International Fund #11 - Long Term Capital Gains Distribution Net Proceeds 5,939.44 Fid. Acq. Value 5,939.44 12/23/05 $100,000 Federal National Mortgage Assn Disc Notes due 12/23/05 Net Proceeds 97,476.34 Fid. Acq. Value 97,476.34 0.00 311.50 1~ 12/30/05 Loomis Sayles Small Cap Value Fund I - Long Term C apital Gains Distribution Net Proceeds 1,070.90 Fid. Acq. Value 0.00 01/24/06 $50,000 Federal Home Loan Mortgage Discount No te due 1/24/06 Net Proceeds 49,072.38 Fid. Acq. Value 49,072.38 03/30/06 $50,000 Bear Stearns Cos, Inc. • 3~ due 3/30/06 Net Proceeds 50,000.00 Fid. Acq. Value 50,092.00 03/30/06 $50,000 U S Bancorp MTN 2.75 due 3/30/06 Net Proceeds 50,000.00 Fid. Acq. Value 49,664.00 04/06/06 Burlington Resources Inc - Cash received in Cash and Stock Merger Net Proceeds 23,250.00 Fid. Acq. Value 0.00 04/19/06 0.7 share ConocoPhillips Net Proceeds 47.03 Fid. Acq. Value 36.33 05/24/06 200 shares Microsoft Corp Net Proceeds 4,509.86 Fid. Acq. Value 5,407.21 05/24/06 300 shares Target Corporation Net Proceeds 14,669.54 Fid. Acq. Value 12,990.00 05/24/06 306 shares Verizon Communications Net Proceeds 9,501.00 Fid. Acq. Value 16,026.60 1,070.90 0.00 336.00 23,250.00 10.70 1,679.54 92.00 897.35 6,525.60 11 07/17/06 $100,000 Federal National Mortgage Assn 3.125 due 7/15/06 Net Proceeds 100,000.00 Fid. Acq. Value 100,099.00 09/29/06 $50,000 Citi Group Inc. 2.875 due 9/29/06 Net Proceeds 50,000.00 Fid. Acq. Value 49,989.00 11.00 11/01/06 $50,000 IBM Corp 2.375 due 11/1/06 Net Proceeds 50,000.00 Fid. Acq. Value 49,257.00 743.00 11/30/06 0.4 share Idearc, Inc. Net Proceeds 11.20 Fid. Acq. Value 15.92 12/15/06 Boston Company International Small Cap Fund - Long Term Capital Gains Distribution Net Proceeds 2,261.84 Fid. Acq. Value 2,261.84 12/15/06 Bridgeway Ultra Small Co Market Fund - Long Term Capital Gains Distribution Net Proceeds 1,948.00 Fid. Acq. Value 1,948.00 12/19/06 CRM Mid Cap Value Fund-Instl #32 - Long Term Capital Gains Distribution Net Proceeds 2,229.96 Fid. Acq. Value 0.00 2,229.96 12/20/06 Harbor International Fund #11 - Long Term Capital Gains Distribution Net Proceeds 9,171.67 Fid. Acq. Value 9,171.67 99.00 4.72 12 01/02/07 Loomis Sayles Small Cap Value Fund I - Long Term Capital Gains Distribution Net Proceeds 1,270.52 Fid. Acq. Value 0.00 05/15/07 $50,000 PepsiCo Inc 3.2~ due 5/15/07 Net Proceeds 50,000.00 Fid. Acq. Value 49,837.00 08/01/07 $50,00 0 US Bank NA 3.7~ due 8/1/07 Net Proceeds 50,000.00 Fid. Acq. Value 50,472.00 08/31/07 847.099 units Boston Compan y Intern ational Small Cap Fund Net Proceeds 21,431.60 Fid. Acq. Value 20,000.00 09/14/07 $50,00 0 Federal Hom e Loan Bank 3.375 due 9/14/07 Net Proceeds 50,000.00 Fid. Acq. Value 50,413.00 09/14/07 525 shares Abbott Labor atories Net Proceeds 27,220.83 Fid. Acq. Value 21,866.25 09/14/07 800 shares Accenture Lt d - Class A Net Proceeds 31,712.31 Fid. Acq. Value 20,957.00 09/14/07 1,000 shares ALCOA, Inc. Net Proceeds 34,109.47 Fid. Acq. Value 31,895.00 09/14/07 120 shares American Intl Group Inc Net Proceeds 7,724.28 Fid. Acq. Value 8,580.90 09/14/07 300 shares Bank of America Corpor ation Net Proceeds 14,699.77 Fid. Acq. Value 13,395.57 1,270.52 163.00 1,431.60 5,354.58 10,755.31 2,214.47 1,304.20 472.00 413.00 856.62 13 09/14/07 600 shares Cerner Corporation Net Proceeds 32,754.69 Fid. Acq. Value 14,169.33 18,585.36 09/14/07 400 shares ChevronTexaco Corpor ation Net Proceeds 35,011.46 Fid. Acq. Value 20,264.50 14,746.96 09/14/07 725 shares Cisco Systems, Inc. Net Proceeds 23,134.39 Fid. Acq. Value 14,192.78 8,941.61 09/14/07 485 shares Citigroup, Inc. Net Proceeds 22,078.70 Fid. Acq. Value 22,435.22 356.52 09/14/07 324 shares Comcast Corp New A Net Proceeds 8,233.71 Fid. Acq. Value 13,815.82 5,582.11 09/14/07 20 shares ConocoPhillips Net Proceeds 1,647.97 Fid. Acq. Value 1,037.98 609.99 09/14/07 850 shares Darden Restaurants, Inc. Net Proceeds 34,716.27 Fid. Acq. Value 17,926.00 16,790.27 09/14/07 1,075 shares Dell, Inc. Net Proceeds 28,648.31 Fid. Acq. Value 39,777.75 11,129.44 09/14/07 375 shares Du Pont De Nemours E I Co Net Proceeds 17,761.75 Fid. Acq. Value 16,886.25 875.50 09/14/07 650 shares Edwards Lifesciences Corpor ation Net Proceeds 31,149.21 Fid. Acq. Value 22,684.00 8,465.21 09/14/07 1,500 shares EMC Corporation Net Proceeds 29,120.55 Fid. Acq. Value 19,155.00 9,965.55 14 09/14/07 520 shares Exelon Corporation Net Proceeds 38,359.59 Fid. Acq. Value 19,671.46 18,688.13 09/14/07 900 shares Express Scripts, Inc. Net Proceeds 48,509.25 Fid. Acq. Value 14,257.50 34,251.75 09/14/07 325 shares Exxon Mobil Corporation Net Proceeds 27,697.21 Fid. Acq. Value 15,557.50 12,139.71 09/14/07 690 shares General Electric Co Net Proceeds 27,000.45 Fid. Acq. Value 23,724.42 3,276.03 09/14/07 500 shares Home Depot Inc Net Proceeds 17,041.15 Fid. Acq. Value 18,396.50 09/14/07 9 shares Idearc, Inc. Net Proceeds 301.85 Fid. Acq. Value 358.22 09/14/07 210 shares Intl Business Machines Corp Net Proceeds 24,525.80 Fid. Acq. Value 18,668.18 5,857.62 09/14/07 500 shares Intl Rectifier Corp Net Proceeds 16,382.74 Fid. Acq. Value 18,113.00 09/14/07 900 units iShares Russell 2000 Index Fund Net Proceeds 69,559.93 Fid. Acq. Value 50,282.50 19,277.43 09/14/07 850 shares Jabil Circuit, Inc. Net Proceeds 19,211.32 Fid. Acq. Value 17,948.75 1,262.57 09/14/07 50 shares Johnson & Johnson Net Proceeds 3,089.95 Fid. Acq. Value 2,945.00 144.95 1,355.35 56.37 1,730.26 15 09/14/07 200 shares Lehman Brothers Holdings Net Proceeds 11,029.83 Fid. Acq. Value 13,452.00 2,422.17 09/14/07 350 shares Lockheed Martin Corp Net Proceeds 34,197.59 Fid. Acq. Value 19,187.00 15,010.59 09/14/07 500 shares Masco Corp Net Proceeds 12,032.81 Fid. Acq. Value 16,035.00 4,002.19 09/14/07 235 shares Microsoft Corp Net Proceeds 6,742.06 Fid. Acq. Value 6,353.48 388.58 09/14/07 600 shares Midcap SPDR Trust Series 1 S&P 400 Net Proceeds 93,250.57 Fid. Acq. Value 63,807.00 29,443.57 09/14/07 800 shares Nabors Industries, Ltd Net Proceeds 24,002.67 Fid. Acq. Value 17,974.00 6,028.67 09/14/07 450 shares Nike Inc C1-B Net Proceeds 24,731.62 Fid. Acq. Value 18,891.24 5,840.38 09/14/07 295 shares PepsiCo Inc Net Proceeds 20,455.78 Fid. Acq. Value 14,845.88 5,609.90 09/14/07 1,000 shares Pfizer Inc Net Proceeds 23,931.63 Fid. Acq. Value 29,794.00 5,862.37 09/14/07 225 shares Procter & Gamble Co Net Proceeds 14,841.38 Fid. Acq. Value 12,307.76 2,533.62 09/14/07 400 shares St. Joe Company Net Proceeds 12,875.80 Fid. Acq. Value 18,893.25 6,017.45 16 09/14/07 50 shares Staples, Inc. Net Proceeds 1,124.98 Fid. Acq. Value 1,020.54 104.49 09/14/07 900 shares Sysco Corporation Net Proceeds 29,801.96 Fid. Acq. Value 29,129.50 672.4E 09/14/07 100 shares Target Corporation Net Proceeds 6,149.90 Fid. Acq. Value 4,330.00 1,819.90 ~09/I4/07 1,000 shares Time Warner Inc Net Proceeds 18,071.72 Fid. Acq. Value 17,510.00 561.72 09/14/07 275 shares United Technologies Corp Net Proceeds 20,436.42 Fid. Acq. Value 13,074.13 7,362.29 09/14/07 525 shares Vodafone Group Plc ADS Net Proceeds 17,372.87 Fid. Acq. Value 13,476.50 3,896.37 09/14/07 825 shares Wachovia Corporation Net Proceeds 39,729.14 Fid. Acq. Value 38,896.50 832.64 09/14/07 600 shares Walgreen Company Net Proceeds 26,591.59 Fid. Acq. Value 22,268.00 4,323.59 09/14/07 1,400 shares Wells Fargo and Company Net Proceeds 50,052.03 Fid. Acq. Value 41,172.00 8,880.03 11/15/07 $50,00 0 Merrill Lynch Mtnb 4~ due 11 /15/07 Net Proceeds 50,000.00 Fid. Acq. Value 50,551.50 11/26/07 Federa ted Strategic Value Fund - Long Term Capital Gains Distribution Net Proceeds 1,315.20 Fid. Acq. Value 1,315.20 551.50 17 11./28/07 76.602 shares Transocean, Inc. - Cash and Stock Merger Net Proceeds 8,422.65 Fid. Acq. Value 8,216.94 205.71 12/05/07 0.398 share Transocean, Inc. Net Proceeds 54.34 Fid. Acq. Value 61.16 6.82 12/11/07 Loomis Sayles Small Cap Value Fund I - Long Term Capital Gains Distribution Net Proceeds 1,149.53 Fid. Acq. Value 0.00 1,149.53 12/18/07 CRM Mid Cap Value Fund-Instl #32 - Long Term Capital Gains Distribution Net Proceeds 3,109.48 Fid. Acq. Value 0.00 3,109.48 12/19/07 Bridgeway Ultra Small Co Market Fund - Long Term Capital Gains Distribution Net Proceeds 3,426.88 Fid. Acq. Value 3,426.88 12/20/07 Harbor International Fund #11 - Long Term Capital Gains Distribution Net Proceeds 13,028.26 Fid. Acq. Value 13,028.26 12/24/07 Alpine International Real Estate Equity Fund - Long Term Capital Gains Distribution Net Proceeds 2,039.53 Fid. Acq. Value 2,039.53 04/17/08 0.73 share Farpoint Communications, Inc Net Proceeds 5.58 Fid. Acq. Value 7.35 1,77 - TOTAL GAINS AND LOSSES/PRINCIPAL........... --------------------------- 555,090.15 282,377.50 LESS LOSS ............................. 282,377.50 NET - GAIN OR LOSS ........................... - - ------------- 272,712.65 ------------- ------------- 18 DISBURSEMENTS OF PRINCIPAL GENERAL DISBURSEMENTS 12/27/04 --------------------- Pennsylvania Dept of Revenue - 303.00 2004 4th Quarter Estimated Fiduciary Income Tax 09/01/05 Alan J. Ceperich, CPA EA - 450.00 2004 Estate Tax Preparation Fee 09/15/05 Pennsylvania Dept of Revenue - 4.00 2005 3rd Quarter Estimated Fiduciary Income Tax 04/11/06 Pennsylvania Dept of Revenue - 143.00 2005 Fiduciary Income Tax - Balance Due 04/12/06 Pennsylvania Dept of Revenue - 60.00 2006 1st Quarter Estimated Fiduciary Income Tax OE~/13/06 Pennsylvania Dept of Revenue - 60.00 2006 2nd Quarter Estimated Fiduciary Income Tax OSi/12/06 Pennsylvania Dept of Revenue - 60.00 2006 3rd Quarter Estimated Fiduciary Income Tax 12/27/06 Pennsylvania Dept of Revenue - 60.00 2005 4th Quarter Estimated Fiduciary Income Tax 09:/12/07 Pennsylvania Dept of Revenue - 992.00 2006 Fiduciary Income Tax - Balance Due 12/24/07 Pennsylvania Dept of Revenue - 953.00 2007 4th Quarter Estimated Fiduciary Income Tax 09:/12/07 Pennsylvania Dept of Revenue - 283.00 2007 1st Quarter Estimated Fiduciary Income Tax 09:/12/07 Pennsylvania Dept of Revenue - 992.00 2006 Fiduciary Income Tax - Balance Due 12/24/07 Pennsylvania Dept of Revenue - 953.00 2007 4th Quarter Estimated Fiduciary Income Tax 19 04/09/08 Internal Revenue Service - 6,765.00 2007 Fiduciary Income Tax - Balance Due 04/09/08 Pennsylvania Dept of Revenue - 1,477.00 2007 Fiduciary Income Tax - Balance Due 04/10/08 Internal Revenue Service - 884.00 2008 1st Quarter Estimated Fiduciary Income Tax 04/10/08 Pennsylvania Dept of Revenue - 340.00 2008 1st Quarter Estimated Fiduciary Income Tax -------------- TOTAL GENERAL DISBURSEMENTS ......................... 12,834.00 FEES AND COMMISSIONS 09/07/04 -------------------- Keefer, Wood, Allen & Rahal, 2,839.03 LLP - Legal Fee 09/13/04 Keefer, Wood, Allen & Rahal, 7,723.65 LLP - Legal Fee 09/14/04 Keefer, Wood, Allen & Rahal, 12,485.62 LLP - Legal Fee 07/31/07 Keefer, Wood, Allen & Rahal, 904.00 LLP - Legal Fee -------------- TOTAL FEES AND COMMISSIONS .......................... 23,952.30 --- ----------- TOTAL DISBURSEMENTS OF PRINCIPAL .................... 36,786.30 -------------- -------------- 20 DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES Eagle Foundation of the Cumberland Valley School District 03/10/05 Annual Annuity Distribution Franklin & Marshall College 0:3/10/05 Annual Annuity Distribution 120,216.68 0:3/10/06 Annual Annuity Distribution 105,791.93 0:3/12/07 Annual Annuity Distribution 93,039.50 03/12/08 Annual Annuity Distribution 120,216.68 -------------- N<~tional American Red Cross Disaster Relief Fund 03/10/05 Annual Annuity Distribution Susquenita School District 03/10/05 Annual Annuity Distribution TOTAL DISTRIBUTIONS TO BENEFICIARIES...... 5,388.50 439,264.79 5,000.00 5,000.00 -------------- 454,653.29 -------------- -------------- 21 PRINCIPAL BALANCE ON HAND Current Value MTB Money Market-Inst I-Fund #42 $50,000 Household Finance 4.125 12/15!08 $50,000 Wachovia Bank NA 4.375 8/15/08 365 Abercrombie & Fitch Co. Class A 1,458.894 Alpine International Real Estate Equity Fund 415 Altria Group, Inc. 530 American Intl Group Inc 545 Amgen, Inc. 200 Apple, Inc. 715 AT&T, Inc. 625 Bank of America Corporation 295 Boeing Co 5,497.433 Bridgeway Ultra Small Co Market 435 Capital One Financial Corp 875 Cisco Systems, Inc. 775 CIT Group, Inc. 615 Citigroup, Inc. 775 Citrix Systems, Inc. 340 ConocoPhillips 2,098.196 CRM Mid Cap Value Fund-Instl #3~ 745 CVS/Caremark Corp 825 Disney Walt Company 660 Dominion Resources, Inc. 675 Dow Chemical Co 400 EOG Resources, Inc. 700 Estee Lauder Co, Class A 380 Exelon Corporation 325 Exxon Mobil Corporation 12 Farpoint Communications, Inc. 10,076.34 Federated Strategic Value Fund :38,244.413 Federated Total Return Bond Funs 260 FedEx Corp 710 General Electric Co 440 Genzyme Corp 150 Goldman Sachs Group, Inc. 4,866.358 Harbor International Fund #11 475 Harris Corp 197,878.25 due 50,030.00 due 49,992.50 Fund 320 Hartford Financial Services Group, Inc. 510 Harsco Corp 240 Intl Business Machines Corp 425 Jacobs Engineering Group Inc 450 Johnson & Johnson 350 Legg Mason Inc 483.933 Loomis Sayles Sma11 Cap Value Fund I 1,870 Lowes Companies Inc 965 Microsoft Corp 630 Moodys Corp 26,499.00 52,242.99 9,237.90 19,080.00 23,996.35 37,750.00 28,528.50 21,256.25 24,417.15 91,092.46 20,932.20 23,380.00 7,750.00 13,462.35 26,528.25 31,654.00 62,631.15 31,878.55 27,720.00 30,558.00 27,270.00 51,452.00 33,320.00 33,440.00 20,847.00 108.00 53,303.84 406,155.67 23,844.60 21,811.20 30,122.40 26,461.50 354,076.21 31,245.50 22,742.40 32,293.20 31,063.20 40,281.50 30,033.00 18,833.50 11,740.21 44,880.00 27,328.80 23,360.40 Fiduciary Acquisition 197,878.25 50,082.50 49,700.50 27,491.80 62,906.51 8,500.89 37,898.98 30,633.00 27,194.66 28,239.71 27,907.43 28,437.76 105,374.88 27,883.50 17,129.22 28,614.75 28,448.78 27,926.82 17,645.69 50,000.00 27,734.86 27,770.73 28,040.10 27,816.75 28,422.92 29,828.38 14,375.29 15,557.50 120.74 62,748.48 400,000.00 28,372.19 24,412.08 27,907.44 24,158.00 187,500.00 28,078.30 27,976.51 27,876.55 21,335.07 28,500.16 26,505.00 27,720.00 12,500.00 56,254.65 26,089.81 28,198.74 22 525 Nucor Corp 435 Penney J.C. Co Inc 405 PepsiCo Inc 415 Philip Morris Intl, Inc 425 Procter & Gamble Co 1,250 Staples, Inc. 515 Thermo Fisher Scientific, Inc. 178 Transocean, Inc. 565 UnitedHealth Group, Inc. 375 United Technologies Corp 675 Verizon Communications 350 Zimmer Holdings, Inc. 400 Zions Bancorporation 39,270.00 17,504.40 27,661.50 21,853.90 28,071.25 29,312.50 30,395.30 26,733.82 26,640.00 19,328.65 25,967.25 25,480.00 17,236.00 2,639,964.55 --------------- - ------------ 28,192.50 27,486.13 20,381.62 19,488.62 23,247.99 25,513.46 27,947.09 19,136.40 27,624.26 17,828.37 29,632.54 28,329.67 28,067.96 2,468,572.49 --------------- ------------- 23 INVESTMENTS MADE - PRINCIPAL # Units Cost 08/23/04 $75,00 0 Treasury Investment 74,412.79 Growth Rcpt/Prin due 11/15/05 08/24/04 1,352.448 units Harbor International 50,000.00 Fund # 11 08/25/04 $75,00 0 Mortgage Int. Network 75,000.00 IB-CP 1.7~ due 11/23/04 0'8/26/04 325 shares American Intl Group 22,961.25 08/26/04 200 shares United Technologies Corp 18,730.00 0.8/26/04 750 shares Darden Restaurants, Inc 15,315.00 08/26/04 850 shares Microsoft Corp 23,171.00 08/26/04 450 shares Sysco Corporation 14,481.00 08/26/04 400 shares Walgreen Company 14,652.00 08/26/04 375 shares Wachovia Corporation 17,317.50 08/26/04 500 shares Masco Corp 16,035.00 08/26/04 500 shares ALCOA, Inc. 16,000.00 08/26/04 800 shares Cendant Corporation 17,580.00 08/26/04 600 shares Staples, Inc. 17,328.00 08/26/04 425 shares Procter & Gamble Co 23,349.50 0!3/26/04 400 shares Target Corporation 17,320.00 0!3/26/04 300 shares Lear Corporation 15,779.00 08/26/04 750 shares Pfizer Inc 23,856.50 0!3/26/04 450 shares Edwards Lifesciences Corp 15,571.00 0!3/26/04 400 shares Amgen, Inc. 23,224.00 0!3/26/04 300 shares Lockheed Martin Corp 16,248.00 0!3/26/04 450 shares Intl Rectifier Corp 15,966.00 08/26/04 250 shares Johnson & Johnson 14,357.50 0!3/26/04 500 shares Citigroup, Inc. 22,905.00 0!3/26/04 325 shares Wells Fargo and Company 18,895.50 24 08'~f26104 1,000 shares Cisco Systems, Inc. 19,030.00 08/26/04 350 shares St. Joe Company 16,182.25 08/26/04 600 shares Accenture Ltd - Class A 15,849.00 08126/04 250 shares Express Scripts, Inc. 15,337.50 08/26/04 650 shares Exelon Corporation 23,554.25 08/26/04 150 units i Shares Russell 2000 16,358.50 Index F und 08/26/04 350 shares Morgan Stanley Group Inc 17,538.50 08/26/04 275 shares Intl Business Machines Corp 23,465.75 08/26/04 475 shares PepsiCo Inc 23,669.25 08/26/04 650 shares Dell, Inc. 22,756.50 08/26/04 475 shares Viacom, Inc. Class B 16,829.25 08/26/04 725 shares General Electric Co 23,620.50 08/26/04 775 shares Jabil Circuit, Inc. 16,081.25 08/26/04 400 shares Abbott Laboratories 16,560.00 08/26/04 225 shares Bank of America Corp 19,854.00 08/26/04 350 shares Lerner Corporation 16,140.00 08/26/04 400 shares Estee Lauder Co, Class A 17,259.00 08/26/04 300 shares Midcap SPDR Trust 31,470.00 Series 1 S&P 400 08/26/04 450 shares Home Depot Inc 16,240.50 09/07104 $50,00 0 American International 50,311.50 Group 2.85 due 1211105 09/07/04 $50,00 0 Citi Group Inc. 49,989.00 2.875 due 9/29/06 09108104 500 shares Burlington Resources Inc 18,720.00 09/08/04 400 shares Nabors Industries, Ltd 17,974.00 09/08/04 150 shares ChevronTexaco Corporation 14,852.50 09/08/04 450 shares Exxon Mobil Corporation 20,997.00 09/13/04 1,311.647 units Harbor International 50,000.00 Fund #11 25 09/14/04 325 shares American Intl Group Inc 23,518.63 09/14/04 225 shares Bank of America Corp 9,954.00 09/14/04 350 shares Morgan Stanley Group Inc 18,042.50 09/14/04 375 shares Wachovia Corporation 17,621.25 09/14/04 325 shares Wells Fargo and Company 19,175.00 09/14/04 500 shares Citigroup, Inc. 23,452.00 0'9/15/04 300 units iShares Russell 2000 33,924.00 Index Fund 0'9/15/04 300 shares Midcap SPDR Trust 32,337.00 Series 1 S&P 400 0'3/29/04 $150,000 American General Finance 150,000.00 IB-CP 1.765 due 10/28/04 0'3/29/04 $150,000 General Electric Co 150,000.00 IB-CP 1.88 due 12/28/04 10/13/04 2,098.196 units CRM Mid Cap Value 50,000.00 Fund-Instl #32 10/13/04 1,279.754 units Harbor International 50,000.00 Fund #11 10/13/04 483.933 units Loomis Sayles Small Cap 12,500.00 Value Fund I 10/20/04 $50,000 Federal National Mtg 50,414.00 Assn 3.125 due 7/15/06 10/28/04 $150,000 General Electric Cap 150,000.00 IB-CP 2.07 due 1/26/05 10/28/04 $75,000 Household Finance 75,000.00 IB-CP 1.93 due 11/29/04 1:1/05/04 $50,000 Federal Home Loan 50,413.00 Bank 3.375 due 9/14/07 1:L/10/04 $50,000 US Bank NA 3.7~ due 8/1/07 50,472.00 1:L/10/04 $50,000 Bear Stearns Cos. 50,092.00 Inc. 3~ due 3/30/06 1:L/12/04 922.509 units Harbor International 37,500.00 Fund #11 1:L/15/04 $50,000 Treasury Investment 48,778.00 Growth Rcpt/Prin due 11/15/05 l:L/26/04 200 shares Accenture Ltd - Class A 5,108.00 26 11/26/04 125 shares United Technologies Corp 12,172.50 11/26/04 50 shares Lockheed Martin Corp 2,939.00 11/26/04 75 shares Lear Corporation 4,379.25 11/26/04 550 shares Microsoft Corp 14,679.50 11/26/04 50 shares Wells Fargo and Company 3,101.50 11/26/04 75 shares Wachovia Corporation 3,957.75 11/26/04 100 shares Estee Lauder Co, Class A 4,519.00 11/26/04 75 shares Jabil Circuit, Inc. 1,867.50 11/26/04 125 shares Johnson & Johnson 7,621.25 11/26/04 100 shares Staples, Inc. 3,126.00 11/26/04 225 shares PepsiCo Inc 11,558.25 11/26/04 125 shares Abbott Laboratories 5,306.25 11/26/04 250 shares Bank of America Corp 11,495.00 11/26/04 225 shares Procter & Gamble Co 12,206.25 11/26/04 50 shares Intl Rectifier Corp 2,147.00 11/26/04 675 shares General Electric Co 24,516.00 11/26/04 100 shares Citigroup, Inc. 4,527.00 11/26/04 125 shares Viacom, Inc. Class B 4,343.75 11/26/04 250 shares Vodafone Group Plc ADS 6,787.50 11/26/04 100 shares Darden Restaurants, Inc 2,611.00 11/26/04 200 shares Exxon Mobil Corp 10,118.00 11/26/04 100 shares ChevronTexaco Corp 5,412.00 11/26/04 200 shares Sysco Corporation 7,046.00 11/26/04 50 shares St. Joe Company 2,711.00 11/26/04 425 shares Dell, Inc. 17,021.25 11/26/04 375 shares Du Pont De Nemours E I Co 16,886.25 11/26/04 100 shares Cisco Systems, Inc. 1,892.00 11/26/04 100 shares Cerner Corporation 5,114.00 11/26/04 50 shares Home Depot Inc 2,156.00 27 11/26/04 50 shares Express Scripts, Inc. 3,672.50 1:1/26/04 200 shares Edwards Lifesciences Corp 7,113.00 1:1/26/04 200 shares Walgreen Company 7,616.00 1:1/26/04 175 shares Intl Business Machines Corp 16,537.50 1:1/26/04 250 shares Exelon Corporation 10,492.50 1:1/26/04 100 shares Morgan Stanley Group Inc 5,192.00 1:1/30/04 $50,000 Merrill Lynch Mtnb 4~ 50,551.50 due 11/15/07 12/03/04 $50,000 Household Finance 50,082.50 4.125 due 12/15/08 l:Z/23/04 $50,000 IBM Corp 2.375 due 11/1/06 49,257.00 12/29/04 $150,000 Pru Funding IB-CP 150,000.00 2.32 due 3/29/05 1:x/29/04 $50,000 Federal Home Loan Mtg 49,415.00 Discount Notes due 6/9/05 0:1/03/05 $50,000 PepsiCo Inc 3.2~ due 5/15/07 49,837.00 O:Z/08/05 $50,000 Federal National Mtg 48,906.04 Assn Disc Notes due 11/2/05 02/08/05 $50,000 Federal Home Loan Mtg 49,668.86 Discount Notes due 5/10/05 03/28/05 $50,000 Federal National Mtg 49,218.25 Assn Disc Notes due 9/21/05 0:3/30/05 $75,000 Federal National Mtg 74,389.71 Assn Disc Notes due 7/5/05 0:3/30/05 $100,000 Federal National Mtg 97,476.34 Assn Disc Notes due 12/23/05 06/06/05 $50,000 U S Bancorp MTN 2.75 49,664.00 due 3/30/06 06/30/05 $50,000 Federal National Mtg 49,685.00 Assn 3.125 due 7/15/06 0'7/27/05 $50,000 Federal Home Loan Mtg 49,072.38 Discount Note due 1/24/06 0'7/27/05 $25,000 Federal Home Loan Mtg 24,780.40 Bank Discount Notes due 10/26/05 08/12/05 225 shares Nike Inc Cl-B 18,891.24 28 10/14/05 $50,000 Wachovia Bank NA 49,700.50 4.375 due 8115/08 05/22/06 19,305.019 units Federated Total Return 200,000.00 Bond Fund 05/22/06 5,200.208 units Bridgeway Ultra Small 100,000.00 Co Market Fund 05/24/06 100 shares Goldman Sachs Group, Inc. 14,842.00 05/24/06 1,000 shares Time Warner Inc 17,510.00 05!24/06 125 shares Johnson & Johnson 7,471.25 05/24/06 500 shares Cisco Systems, Inc. 10,400.OQ 05124106 250 shares Pfizer Inc 5,937.50 05/24/06 1,500 shares EMC Corporation 19,155.00 05/24/06 500 shares ALCOA, Inc. 15,895.00 05/24/06 250 shares Sysco Corporation 7,602.50 05/24/06 200 shares Lehman Brothers Holdings 13,452.00 05/24/06 250 shares Staples, Inc. 6,080.00 07/03!06 847.099 units Boston Company 20,000.00 International Small Cap Fund 12/15/06 100.051 units Bridgeway Ultra Small 1,948.00 Co Market Fund 09!12107 1,382.807 units Alpine International b0,000.00 Real Estate Equity Fund 09/12/07 9,600 units Federated Strategic 60,000.00 Value Fund 09/12/07 18,939.394 units Federated Total Return 200,000.00 Bond Fund 09/14/07 775 shares CIT Group, Inc. 28,614.75 09/14/07 435 shares Penney J.C. Co Inc 27,486.13 09/14/07 200 shares Apple, Inc. 27,194.66 09/14/07 510 shares Harsco Corp 27,876.55 09/14/07 475 shares Harris Corp 28,078.30 09/14/07 400 shares EOG Resources, Inc. 28,422.92 09/14/07 440 shares Genzyme Corp 27,907.44 29 09/14/07 295 shares Boeing Co 28,437.76 09/14/07 435 shares Capital One Financial Corp 27,883.50 09/14/07 775 shares Citrix Systems, Inc. 27,926.82 09/14/07 715 shares AT&T, Inc. 28,239.71 09/14/07 675 shares Dow Chemical Co 27,816.75 09/14/07 745 shares CVS/Caremark Corp 27,734.86 09/14/07 525 shares Nucor Corp 28,192.50 09/14/07 350 shares Zimmer Holdings, Inc. 28,329.67 09/14/07 350 shares Legg Mason Inc 27,720.00 09/14/07 320 shares Hartford Financial 27,976.51 Services Group, Inc. 09/14/07 487 shares Verizon Communications 20,288.37 09/14/07 515 shares Thermo Fisher 27,947.09 Scient ific, Inc. 09/14/07 415 shares Altria Group, Inc. 27,989.51 09/14/07 200 shares Estee Lauder Co, Class A 8,050.38 09/14/07 630 shares Moodys Corp 28,198.74 09/14/07 50 shares Goldman Sachs Group, Inc 9,316.00 09/14/07 330 shares Dominion Resources, Inc 28,040.10 09/14/07 145 shares Amgen, Inc. 7,409.00 09/14/07 255 shares Transocean, Inc. 27,414.50 09/14/07 425 shares Jacobs Engineering 28,500.16 Group Inc 09/14/07 825 shares Disney Walt Company 27,770.73 09/14/07 260 shares FedEx Corp 28,372.19 09/14/07 400 shares Zions Bancorporation 28,067.96 09/14/07 1,870 shares Lowes Companies Inc 56,254.65 09/14/07 565 shares UnitedHealth Group, Inc 27,624.26 09/14/07 365 shares Abercrombie & Fitch 27,491.80 Co. Class A 30 11./26/07 476.34 units Federated Strategic 2,748.48 Value Fund 12/19/07 197.174 units Bridgeway Ultra Small 3,426.88 Co Market Fund 12/24/07 76.087 units Alpine International 2,906.51 Real Estate Equity Fund 31 CHANGES IN INVESTMENT HOLDINGS - PRINCIPAL Cost $1.00,000 Federal National Mortgage Assn Disc Notes due 12/23/05 ---------------------------------- 03/30/05 purchased 12/23/05 matured $100,000 Federal National Mortgage Assn 3.125 due 7/15/06 ---------------------------------- 10/20/04 purchased $50,000 06/30/05 purchased $50,000 07/17/06 matured $150,000 American General Finance IB-CP 1.765 due 10/28/04 --------------------------------- 09/29/04 purchased 10/28/04 matured $150,000 General Electric Co IB-CP 1.88 due 12!28/04 --------------------------- 09/29/04 purchased 12/28/04 matured $150,000 General Electric Cap IB-CP 2.07 due 1/26/05 --------------------------- 10/28/04 purchased 01/26/05 matured 97,476.34 (97,476.34) -------------- 0.00 -------------- -------------- 50,414.00 49,685.00 (100,099.00) -------------- 0.00 -------------- -- - ---------- 150,000.00 (150,000.00) -------------- 0.00 ------------- -------------- 150,000.00 (150,000.00) -------------- 0.00 -------------- -------------- 150,000.00 (150,000.00) -------------- 0.00 -------------- -------------- 32 $150,000 Pru Funding IBS-CP 2.32 due 3/29/05 ----------------------- 12/29/04 purchased 150,000.00 03/29/05 matured (150,000.00) -------------- 0.00 -------------- ------ ------- $25,000 Federal Home Loan Bank Discount Notes due 10/26/05 ------------------------------ 07/27J05 purchased 24,780.40 10/26/05 matured (24,780.40) -------------- 0.00 -------------- ------------ $50,000 American International Group 2.85 due 12/1/05 ------------------------------ 09/07/04 purchased 50,311.50 12/01/05 matured (50,311.50) -------------- 0.00 -------------- -------------- $50,000 Bear Stearns Cos, Inc. 3~ due 3/30/06 ------------------------- 11/10/04 purchased 50,092.00 03/30/06 matured (50,092.00) -------------- 0.00 ---- --------- -------------- $50,000 Citi Group Inc. 2.875 due 9/29/06 ----------------------- 09107104 purchased 49,989.00 09/29!06 matured (49,989.00) -------------- 0.00 ------------- -------------- $50,000 Federal Home Loan Mortgage Discount Note due 1/24/06 ---------------------------------- 07/27/05 purchased 49,072.38 01/24/06 matured (49,072.38) -------------- 0.00 -------------- -------------- 33 $50,000 Federal Home Loan Bank 3.375 due 9/14/07 11./05/04 purchased 50,413.00 09/14/07 matured (50,413.00) -------------- 0.00 -------------- -------------- $50,000 Federal Home Loan Mortgage Discount Notes due 5/10/05 02/08/05 purchased 49,668.86 05110/05 matured (49,668.86) -------------- 0.00 -------------- -------------- $50,000 Federal Home Loan Mortgage Discount Notes due 6/9/05 12/29/04 purchased 49,415.00 06/09/05 matured (49,415.00) -------------- 0.00 ------- ------ -------------- $50,000 Federal National Mortgage Assn Disc Notes due 11/2/05 02/08/05 purchased 48,906.04 11./02/05 sold (48,906.04) -------------- 0.00 ------------ ---------- --- $50,000 Federal National Mortgage Assn Disc Notes due 9/21/05 --------------------------------- 03/28/05 purchased 49,218.25 09121/05 matured (49,218.25) -------------- 0.00 ----------- ------------ $50,000 Household Finance 4.125 due 12/15/08 ------------------------------------ 12/03/04 purchased 50,082.50 -------------- 50,082.50 -------------- ------------ 34 $50,000 IBM Corp 2.375 due 11/1/06 ----------------------------------- 12/23/04 purchased 11/01/06 matured $50,000 Merrill Lynch Mtnb 4~ due 11/15/07 --------------------- 11/30/04 11/15/07 purchased matured $50,000 PepsiCo Inc 3.2~ due 5/15/07 ------------------------------------ 01/03/05 purchased 05/15/07 matured $50,000 Treasury Investment Growth Rcpt/Prin due 11/15/05 ----------------------------- 11{15/04 purchased 12/31/04 accreted discount 11/15/05 accreted discount 11/15/05 matured $50,000 U S Bancorp MTN 2.75 due 3/30/06 ----------------------- 06106/05 purchased 03/30/06 matured $50,000 US Bank NA 3.7~ due 8/1/07 ---------------------------------- 11/10/04 purchased 08/01/07 matured 49,257.00 (49,257.00) -------------- 0.00 -------------- ----------- 50,551.50 (50,551.50) -------------- 0.00 ------------ -------------- 49,837.00 (49,837.00) -------------- 0.00 -------------- ------------ 48,778.00 156.95 1,065.05 (50,000.00) -------------- 0.00 -------------- -------------- 49,664.00 (49,664.00) 0.00 -------------- ------- ------ 50,472.00 (50,472.00) -------------- 0.00 ------------ ------------ 35 $ri0,000 Wachovia Bank NA 4.375 due 8/15/08 10/14/05 purchased 49,700.50 -------------- 49,700.50 -------------- -------------- $75,000 Federal National Mortgage A:>sn Disc Notes due 7/5/05 ---------------------------------- 03/30/05 purchased 74,389.71 0;'/05!05 matured (74,389.71) -------------- 0.00 -------------- -------------- $75,000 Household Finance IB-CP 1.93 due 11/29104 10/28/04 purchased 75,000.00 11./29/04 matured (75,000.00) -------------- 0.00 -------------- -------------- $75,000 Mortgage Int. Network IE3-CP 1.7~ due 11/23/04 75,000.00 OE4/25/04 purchased 11./23/04 matured {75,000.00) -------------- 0.00 -------------- ----------- -- $75,000 Treasury Investment Growth Rcpt/Prin due 11/15/05 OE~/23/04 purchased 74,412.79 12131/04 accreted discount 437.40 02!15/05 current year taxable OID 149.81 02;/15/05 disposition of accretion {587.21) 02/15/05 sold (74,412.79) 0.00 Ak>bott Laboratories 08/26/04 400 shares purchased 16,560.00 11./26104 125 shares purchased 5,306.25 09/14!07 (525)shares sold (21,866.25) -------------- -------------- 0 0.00 36 Ak>ercrombie & Fitch Co. Class A 09114/07 365 shares purchased 27,491.80 -------------- -------------- 365 27,491.80 -------------- -------------- ------------- -------------- Ac;centure Ltd - Class A OE;/26/04 600 shares purchased 15,849.00 11/26/04 200 shares purchased 5,108.00 09/14/07 (800)shares sold (20,957.00) -------------- -------------- 0 0.00 -------------- -------------- -------------- -------------- Aqere Systems, Inc. Class A OE4/27l04 4 shares received 92.67 09/02/04 (4)shares sold (92.67) -------------- -------------- p 0.00 Acfere Systems, Inc. Class B 08/27/04 121 shares received 2,278.11 09/02/04 (121)shares sold (2,278.11) -------------- -------------- p 0.00 -------------- -------------- -- ----------- AL~COA, Inc . 08'/26/04 500 shares purchased 16,000.00 05!24!06 500 shares purchased 15,895.00 09/14/07 (1,000)shares sold (31,895.00) -------------- -------------- p 0.00 -------------- -------------- -------------- ----------- -- Allied Irish Bks Plc Spons ADS ------------------------------ 08/27/04 1,800 shares received 46,425.00 09/02/04 (1,800)shares sold (46,425.00) -------------- -------------- 0 0.00 -------------- ---- --------- -------------- -------------- 37 Alpine International Real Estate Equity Fund 0'9/12/07 1,382.807 units purchased 60,000.00 1:2/24/07 Long Term Capital Gains 0.00 Distribution 12{24/07 76.087 units purchased 2,906.51 1,458.894 62,906.51 Altria Group, Inc. 0'114/07 415 shares purchased 27,989.51 04/02/08 reduce book value from spin-off of (19,488.62} 415 shares Philip Morris Intl, Inc -------------- -------------- 415 8,500.89 - ------------ ---------- -- -------------- -------------- American Intl Group Inc 08/26/04 325 shares purchased 22,961.25 09/14/04 325 shares purchased 23,518.63 0!3114!07 (120)shares sold (8,580.90) -------------- -------------- 530 37,898.98 -------------- -------------- -------------- ------------ - Amgen, Inc. 08/26/04 400 shares purchased 23,224.00 0!3/14/07 145 shares purchased 7,409.00 -------------- -------------- 545 30,633.00 -------------- -------------- -------------- ---------- Apple, Inc. 09/14/07 200 shares purchased 27,194.66 -------------- -------------- 200 27,194.66 ----------- -------------- -------------- -------------- AT&T Corporation ----------------- 0£3/27/04 133 shares received 8,254.25 0!3/02/04 (133}shares sold (8,254.25} -------------- -------------- 0 0.00 -------------- -------------- -------------- -------------- 38 AZ'&T, Inc . 09/14/07 715 shares purchased 28,239.71 -------------- -------------- 715 28,239.71 -------------- -------------- -------------- AT&T Wireless Services ---------------------- 08/27/04 214 shares received 6,348.80 10/27/04 (214)shares sold - mandatory cash merger (6,348.80) -------------- -------------- 0 0.00 -------------- -------------- -------------- -------------- Avaya, Inc. 08/27104 38 shares received 752.35 09/02104 {38)shares sold {752.35) -------------- -------------- p 0.00 -------------- -------------- -------------- -------------- Bank of America Corporation 08/26/04 225 shares purchased 19,854.00 08/30/04 225 shares received in 2-for-1 0.00 stock split 09/14/04 225 shares purchased 9,954.00 11126!04 250 shares purchased 11,495.00 09/14/07 (300)shares sold (13,395.57) -------------- ----- ----- ----- --------- 625 --------- --------- 27,907.43 -------------- -------------- BellSouth Corp -------------- 08/27/04 628 shares received 20,008.00 09/02/04 (628)shares sold (20,008.00) -------------- ----- ----- ----- --------- 0 --------- --------- 0.00 -------------- -------------- Boeing Co 09/14/07 295 shares purchased 28,437.76 -------------- -------------- 295 28,437.76 - ------------ -------------- -------------- -------------- 39 Boston Company International Small Cap Fund ---------------------------- 07/03/06 847.099 units purchased 12/15/06 Long Term Capital Gains Distribution 08/31/07 (847.099)units sold 0 Bridgeway Ultra Small Co Market Fund 05/22/06 5,200.208 units purchased 12/15/06 100.051 units purchased 12/15/06 Long Term Capital Gains Distribution 12/19/07 Long Term Capital Gains Distribution 12/19/07 197.174 units purchased 5,497.433 ------------- ------------- - - Burlington Resources Inc ------------------------ 09/08/04 500 shares purchased 04/06/06 (500)shares delivered to ConocoPhillips in cash and stock merger -------------- 0 -------------- -------------- Capital One Financial Corp -------------------------- 09/14/07 435 shares purchased -------------- 435 -------------- -------------- Cendant Corporation 08/26/04 800 shares purchased 02/07/05 reduce book value from spin-off of 40 shares PHH Corporation 03/03/05 (800)shares sold -------------- 0 -------------- -------------- 20,000.00 0.00 (20,000.00) -------------- 0.00 100,000.00 1,948.00 0.00 0.00 3,426.88 105,374.88 -------------- -------------- 18,720.00 (18,720.00) -------------- 0.00 -------------- -------------- 27,883.50 -------------- 27,883.50 -------------- -------------- 17,580.00 (809.19) (16,770.81) -------------- 0.00 -------------- -------------- 40 Ce~rner Corporation 08/26/04 350 shares purchased 11./26/04 100 shares purchased OE~/15/05 (150)shares sold 01./11/06 300 shares received in 2-for-1 stock split 09/14/07 (600)shares sold 0 ChevronTexaco Corporation 09/08/04 150 shares purchased 09/13/04 150 shares received in 2-for-1 stock split 11./26/04 100 shares purchased 09/14/07 (400)shares sold 0 Cisco Systems, Inc. OE'/26/04 1,000 shares purchased 11./26/04 100 shares purchased 05/24/06 500 shares purchased 09/14/07 - (725)shares ------------ sold - - - 875 ------------- ------------- CIT Group, Inc. 09/14/07 775 shares purchased -------------- 775 -------------- -------------- Citigroup, Inc. 08/26/04 500 shares purchased 09/14/04 500 shares purchased 11./26/04 100 shares purchased 09/14/07 (485)shares sold 615 Ci.trix Systems, Inc. 09/14/07 775 shares purchased 775 -------------- -------------- 16,140.00 5,114.00 (7,084.67) 0.00 (14,169.33) -------------- 0.00 14,852.50 0.00 5,412.00 (20,264.50) -------------- 0.00 19,030.00 1,892.00 10,400.00 (14,192.78) -------------- 17,129.22 -------------- -------------- 28,614.75 -------------- 28,614.75 -------------- -------------- 22,905.00 23,452.00 4,527.00 (22,435.22) -------------- 28,448.78 27,926.82 27,926.82 -------------- -------------- 41 Comcast Corp New A OE3/27/04 216 shares received 03/23/07 108 shares received in 3-for-2 stock split O5~/14/07 (324)shares sold 0 ConocoPhillips 04/06/06 360.7 shares received in cash and stock merger with Burlington Resources, Inc. at the rate of 0.7214 shares for each share held 04/19/06 (0.7)share sold 09/14/07 (20)shares sold -------------- 340 -------------- CF;M Mid Cap Value Fund-Instl #32 10/13/04 2,098.196 units purchased 12/23/04 Long Term Capital Gains Distribution 12./23/04 Short Term Capital Gains Distribution 12./16/05 Long Term Capital Gains Distribution 12/19/06 Long Term Capital Gains Distribution 1`1./18/07 Long Term Capital Gains Distribution ---------- ---- 2,098.196 -------------- -------------- CVS/Caremark Corp 09/14/07 745 shares purchased -------------- 745 -------------- -------------- Darden Restaurants, Inc. ------------------------- 0£3/26/04 750 shares purchased 17_/26/04 100 shares purchased 09/14/07 (850)shares sold -------------- 0 -------------- -------------- 13,815.82 0.00 (13,815.82) -------------- 0.00 18,720.00 (36.33) (1,037.98) -------------- 17,645.69 50,000.00 0.00 0.00 0.00 0.00 0.00 -------------- 50,000.00 -------------- -------------- 27,734.86 -------------- 27,734.86 -------------- -------------- 15,315.00 2,611.00 (17,926.00) -------------- 0.00 -------------- -------------- 42 Dell, Inc. OE3/26/04 650 shares purchased 11./26/04 425 shares purchased 09/14/07 (1,075)shares sold -------------- 0 -------------- Disney Walt Company 09/14/07 825 shares purchased -------------- 825 -------------- Dominion Resources, Inc. 09/14/07 330 shares purchased 11./20/07 330 shares received in 2-for-1 stock split -------------- 660 -------------- -------------- Dow Chemical Co 09/14/07 675 shares purchased -------------- 675 -------------- -------------- Du Pont De Nemours E I Co 11./26/04 375 shares purchased 09/14/07 (375)shares sold -------------- 0 -------------- -------------- Edwards Lifesciences Corporation --------------------------------- OEl/26/04 450 shares purchased 11./26/04 200 shares purchased 09/14/07 (650)shares sold -------------- 0 -------------- -------------- Er1C Corporation 05/24/06 1,500 shares purchased 09/14/07 (1,500)shares sold -------------- 0 -------------- -------------- 22,756.50 17,021.25 (39,777.75) -------------- 0.00 27,770.73 -------------- 27,770.73 28,040.10 0.00 -------------- 28,040.10 -------------- -------------- 27,816.75 -------------- 27,816.75 -------------- -------------- 16,886.25 (16,886.25) -------------- 0.00 -------------- -------------- 15,571.00 7,113.00 (22,684.00) -------------- 0.00 -------------- -------------- 19,155.00 (19,155.00) -------------- 0.00 -------------- -------------- 43 EC)G Resources, Inc. 09/14/07 400 shares purchased 28,422.92 -------------- -------------- 400 28,422.92 -------------- Estee Lauder Co, Class A OE~/26/04 400 shares purchased 17,259.00 11./26/04 100 shares purchased 4,519.00 09/14/07 200 shares purchased -------------- 8,050.38 700 -------------- -------------- -------------- 29.,828.38 -------------- -------------- Ex:elon Corporation 08/26/04 650 shares purchased 23,554.25 11./26/04 250 shares purchased 10,492.50 09/14/07 (520)shares sold (19,671.46) -------------- -------------- 380 14,375.29 -------------- -------------- -------------- -------------- Express Scripts, Inc. OE'/26/04 250 shares purchased 15,337.50 11./26/04 50 shares purchased 3,672.50 06/27/05 300 shares received in 2-for-1 0.00 stock split OE/15/05 (150)shares sold (4,752.50) 06/25/07 450 shares received in 2-for-1 0.00 stock split '09/14/07 -- (900)shares ------------ sold (14,257.50) -- 0 ------------ -------------- 0.00 Exxon Mobil Corporation 09/08/04 450 shares purchased 20,997.00 11./26/04 200 shares purchased 10,118.00 09/14/07 (325)shares sold -------------- (15,557.50) 325 -------------- -------------- -------------- 15,557.50 -------------- -------------- Fa.rpoint Communications, Inc. 04/02/08 12.73 shares received in spin-off of Verizon 128.09 Communications at the rate of 0.01885921 shares for each share held 04/17/08 (0.73)share sold (7.35) -------------- -------------- 12 120.74 -------------- 44 Fe°derated Strategic Value Fund 09/12/07 9,600 units purchased 60,000.00 11./26/07 476.34 units purchased 2,748.48 11./26/07 Long Term Capital Gains 0.00 Distribution 10,076.34 62,748.48 Federated Total Return Bond Fund 05./22/06 19,305.019 units purchased 200,000.00 09/12/07 18,939.394 units purchased 200,000.00 -------------- -------------- 38,244.413 400,000.00 ------------ - ------------ ------------- -------------- FedEx Corp 09/14/07 260 shares purchased 28,372.19 -------------- -------------- 260 28,372.19 -------------- -------------- ------------ -------------- First Perry Bancshares, Inc. 08/10/04 10,360 shares received 208,909.40 11{24/04 (10,360)shares sold (208,909.40) -------------- ------------- 0 0.00 -------------- -------------- -------------- ------------- General Electric Co 08126/04 725 shares purchased 23,620.50 11/26/04 675 shares purchased 24,516.00 09/14/07 (690)shares sold (23,724.42) -------------- -------------- 710 24,412.08 ------------- -------------- -------------- -------------- Genzyme Corp 09/14/07 440 shares purchased 27,907.44 -------------- -------------- 440 27,907.44 -------------- -------------- -------------- -------------- Goldman Sachs Group, Inc. ------------------------- 05/24/06 100 shares purchased 14,842.00 09/14/07 50 shares purchased 9,316.00 -------------- -------------- 150 24,158.00 ------------ -------------- ------------- - ------------ 45 Harbor International Fund #11 08/24f04 1,352.44$ units purchased 50,000.00 09/13/04 1,311.647 units purchased 50,000.00 10/13/04 1,279.754 units purchased 50,000.00 11/12/04 922.509 units purchased 37,500.00 01/03105 Long Term Capital Gains 0.00 Distribution 12/21/05 Long Term Capital Gains 0.00 Distribution 12/20/06 Long Term Capital Gains 0.00 Distribution 12/20/07 Long Term Capital Gains 0.00 Distribution -------------- ------------- 4,866.358 ----------- ------- ----- - - - 187,500.00 -------------- ------------- Harris Corp 09/14/07 475 shares purchased 28,078.30 -------------- -------------- 475 28,078.30 ------------ -------------- -------------- -------------- Hartford Financial Services Group, Inc. -------------------- 09/14/07 320 shares purchased 27,976.51 -------------- -------------- 320 27,976.51 Harsco Corp 09114/07 510 shares purchased 27,876.55 -------------- ----_ - 510 27,876.55 ------------ ------------- ----------- -------------- Home Depot Inc 08/26/04 450 shares purchased 16,240.50 11/26/04 50 shares purchased 2,156.00 09/14/07 (500)shares sold (18,396.50) -------------- -------------- 0 0.00 -------------- ------------- ------------ -------------- 46 Idearc, Inc. 11/24/06 9.4 shares received in spin-off of Verizon Communications at the rate of 0.05 shares for each share held 11/30/06 (0.4)share sold 09/14/07 (9)shares sold -------------- 0 -------------- -------------- Intl Business Machines Corp --------------------------- OS/26/04 275 shares purchased 11/26/04 175 shares purchased 09/14/07 (210)shares sold -------------- 240 -------------- -------------- Intl Rectifier Corp 08/26/04 450 shares purchased 11/26/04 50 shares purchased 09/14/07 (500)shares sold -------------- 0 i5~hares Russell 2000 Index Fund 08',/26/04 150 units purchased 09/15/04 300 units purchased 06/09/05 450 shares received in 2-for-1 stock split 09/14/07 (900)units sold 0 Jabil Circuit, Inc. OE~/26/04 775 shares purchased 11./26/04 75 shares purchased 09/14/07 (850)shares sold -------------- 0 -------------- -------------- Jacobs Engineering Group Inc 05i/14/07 425 shares purchased -------------- 425 374.14 (15.92) (358.22) -------------- 0.00 -------------- -------------- 23,465.75 16,537.50 (18,668.18) -------------- 21,335.07 -------------- -------------- 15,966.00 2,147.00 (18,113.00) -------------- 0.00 16,358.50 33,924.00 0.00 (50,282.50) -------------- 0.00 16,081.25 1,867.50 (17,948.75) -------------- 0.00 -------------- -------------- 28,500.16 -------------- 28,500.16 47 Johnson & Johnson 08/26/04 250 shares purchased 14,357.50 11/26/04 125 shares purchased 7,621.25 05/24/06 125 shares purchased 7,471.25 09/14/07 -- (50)shares ------------ sold (2,945.00) -- -- 450 ------------ ------------ -------------- 26,505.00 -------------- -------------- Lear Corporation 08/26/04 300 shares purchased 15,779.00 11/26/04 75 shares purchased 4,379.25 03/22/05 (375)shares sold (20,158.25) -------------- -------------- 0 0.00 -------------- -------------- -------------- -------------- Legg Mason Inc -------------- 09/14/07 350 shares purchased 27,720.00 -------------- -------------- 350 27,720.00 -------------- -------------- -------------- -------------- Lehman Brothers Holdings 05/24/06 200 shares purchased 13,452.00 09/14/07 (200)shares sold (13,452.00) -------------- -------------- 0 0.00 -------------- -------------- -------------- -------------- Lockheed Martin Corp 08'/26/04 300 shares purchased 16,248.00 11./26/04 50 shares purchased 2,939.00 09/14/07 (350)shares sold (19,187.00) -------------- -------------- 0 0.00 -------------- Loomis Sayles Small Cap Value Fund I 10/13/04 483.933 units purchased 12,500.00 11./24/04 Long Term Capital Gains 0.00 Distribution 11./24/04 Short Term Capital Gains 0.00 Distribution 48 12./30/05 Long Term Capital Gains Distribution 01/02/07 Long Term Capital Gains Distribution 12/11/07 Long Term Capital Gains Distribution -------------- 483.933 Lowes Companies Inc 09/14/07 1,870 shares purchased -------------- 1,870 -------------- -------------- Lucent Technologies, Inc. 08/27/04 460 shares received 09/02/04 (460)shares sold -------------- 0 -------------- -------------- Masco Corp OE3/26/04 09/14/07 Microsoft Corp OE3/26/04 11./26/04 12/02/04 05/24/06 09/14/07 500 shares purchased (500)shares sold -------------- 0 -------------- 850 shares 550 shares specia (200)shares (235)shares 965 purchased purchased 1 dividend sold sold Mi.dcap SPDR Trust Series 1 S&P 400 08/26/04 300 shares purchased 09/15/04 300 shares purchased 09/14/07 (600)shares sold -------------- 0 -------------- -------------- 0.00 0.00 0.00 -------------- 12,500.00 56,254.65 -------------- 56,254.65 -------------- -------------- 10,615.87 (10,615.87) -------------- 0.00 -------------- -------------- 16,035.00 (16,035.00) -------------- 0.00 23,171.00 14,679.50 0.00 (5,407.21) (6,353.48) 26,089.81 31,470.00 32,337.00 (63,807.00) -------------- 0.00 -------------- -------------- 49 Moodys Corp 05/14/07 630 shares purchased -------------- 630 -------------- -------------- Morgan Stanley Group Inc 08/26/04 350 shares purchased 09/14/04 350 shares purchased 11./26/04 100 shares purchased 04/05/05 -- (800)shares -- sold -- -- ---------- 0 ------------ ------------ Nabors Industries, Ltd 09/08/04 400 shares purchased 04/18/06 400 shares received in 2-for-1 stock split 09/14/07 (800)shares sold 0 National Penn Bancshares, Inc. 08/10/04 3,604 shares received 08/23/04 (3,604)shares sold -------------- 0 N` ke Inc C1-B 0£3/12/05 04/04/07 09/14/07 Nucor Corp 09/14/07 225 shares purchased 225 shares received in 2-for-1 stock split (450)shares sold -------------- 0 525 shares purchased -------------- 525 -------------- 28,198.74 -------------- 28,198.74 -------------- -------------- 17,538.50 18,042.50 5,192.00 (40,773.00) -------------- 0.00 -------------- -------------- 17,974.00 0.00 (17,974.00) -------------- 0.00 42,840.00 (42,840.00) -------------- 0.00 18,891.24 0.00 (18,891.24) -------------- 0.00 28,192.50 -------------- 28,192.50 -------------- 50 Penney J.C. Co Inc 09/14/07 PepsiCo Inc 0£3/26/04 17_/26/04 09/14/07 Pfizer Inc 0£3/26/04 0_`i/24/06 09/14/07 435 shares purchased -------------- 435 -------------- 475 shares purchased 225 shares purchased (295)shares sold 405 -------------- -------------- 750 shares purchased 250 shares purchased (1,000)shares sold -------------- 0 -------------- -------------- PHH Corporation 02/07/05 02/14/05 40 shares received from spin-off of Cendant Corp at the rate of 0.05 shares for each share held (40)shares sold -------------- 0 -------------- -------------- Philip Morris Intl, Inc 04/02/08 415 shares received in spin-off of Altria Group, Inc. at the rate of 1 share for each share held -------------- 415 -------------- -------------- PDdC Financial Services Group 0£3/18/04 22,587 shares received 0£3/25/04 (22,587)shares sold -------------- 0 -------------- 27,486.13 -------------- 27,486.13 23,669.25 11,558.25 (14,845.88) 20,381.62 -------------- -------------- 23,856.50 5,937.50 (29,794.00) -------------- 0.00 -------------- -------------- 809.19 (809.19) -------------- 0.00 -------------- -------------- 19,488.62 -------------- 19,488.62 -------------- -------------- 1,366,513.00 (1,366,513.00) -------------- 0.00 51 Procter & Gamble Co OE;/26/04 425 shares purchased 11./26/04 225 shares purchased 09/14/07 (225)shares sold -------------- 425 -------------- -------------- Qwest Communications International, Inc. OE!/27/04 247 shares received 09/02/04 (247)shares sold 0 SE3C Communications Inc 0£!/27/04 1,171 shares received 09/02/04 (1,171)shares sold -------------- 0 St:. Joe Company 0£!/26/04 350 shares purchased 11./26/04 50 shares purchased 09/14/07 (400)shares sold -------------- 0 -------------- -------------- Staples, Inc. 0£3/26/04 600 shares purchased 1]_/26/04 100 shares purchased 04/18/05 350 shares received in 3-for-2 stock split O~i/24/06 250 shares purchased 09/14/07 - (50)shares ---------- sold - - --- 1,250 ------------- ------------ - S}rsco Corporation 0£3/26/04 450 shares purchased 17_/26/04 200 shares purchased O~i/24/06 250 shares purchased 09/14/07 -- (900)shares ------- sold -- ----- 0 ------------ 23,349.50 12,206.25 (12,307.76) -------------- 23,247.99 -------------- -------------- 7,779.00 (7,779.00) -------------- 0.00 -------------- -------------- 46,657.00 (46,657.00) -------------- 0.00 -------------- -------------- 16,182.25 2,711.00 (18,893.25) -------------- 0.00 -------------- -------------- 17,328.00 3,126.00 0.00 6,080.00 (1,020.54) -------------- 25,513.46 -------------- -------------- 14,481.00 7,046.00 7,602.50 (29,129.50) -------------- 0.00 -------------- 52 T<~rget Corporation 08/26/04 400 shares purchased 05/24/06 (300)shares sold 0!x/14/07 (100)shares sold -------------- 0 Thermo Fisher Scientific, Inc. 0!x/14/07 515 shares purchased -------------- 515 -------------- -------------- Time Warner Inc 05/24/06 1,000 shares purchased 09/14/07 (1,000)shares sold -------------- 0 -------------- -------------- T:ransocean, Inc. 0!3/14/07 255 shares purchased 1:1/28/07 (76.602)shares sold - cash and stock merger 1:x/05/07 (0.398)share sold -------------- 178 UnitedHealth Group, Inc. 0:x/14/07 565 shares purchased -------------- 565 -------------- -------------- United Technologies Corp 08/26/04 200 shares purchased 11/26/04 125 shares purchased 06/13/05 325 shares received in 2-for-1 stock split 0'9/14/07 (275)shares sold 375 17,320.00 (12,990.00) (4,330.00) -------------- 0.00 27,947.09 -------------- 27,947.09 -------------- -------------- 17,510.00 (17,510.00) -------------- 0.00 -------------- -------------- 27,414.50 (8,216.94) (61.16) -------------- 19,136.40 27,624.26 -------------- 27,624.26 -------------- -------------- 18,730.00 12,172.50 0.00 (13,074.13) -------------- 17,828.37 53 Verizon Communications 08/27/04 494 shares received 25,873.00 05/24/06 (306)shares sold (16,026.60) 11/24/06 reduce book value from spin-off (374.14) of 9.4 shares Idearc, Inc. 09/14/07 487 shares purchased 20,288.37 04/02/08 reduce book value from spin-off (128.09) of 12.73 shares Farpoint -- Communications, Inc. ------------ -- -- 675 ------------ ------------ -------------- 29,632.54 -------------- -------------- Viacom, Inca Class B 08/26/04 475 shares purchased 16,829.25 11/26/04 125 shares purchased 4,343.75 08/12/05 (600)shares sold (21,173.00) -------------- -------------- 0 0.00 -------------- -------------- -------------- -------------- Vodafone Group Plc ADS 08/27/04 350 shares received 6,689.00 11/26/04 250 shares purchased 6,787.50 07/31/06 (75)shares adjusted - reverse 0.00 split 09/14/07 -- (525)shares ------------ sold (13,476.50) -- -- 0 ------------ ------------ -------------- 0.00 -------------- -------------- Vodafone Group PLC Class B Spons ADR 08/04/06 600 shares received in reverse split 1.00 08/18/06 (600)shares distributed - (1.00) deemed worthless -------------- -------------- 0 0.00 -------------- -------------- -------------- -------------- Wachovia Corporation 08/26/04 375 shares purchased 17,317.50 09/14/04 375 shares purchased 17,621.25 11/26/04 75 shares purchased 3,957.75 09/14/07 -- (825)shares ------------ sold (38,896.50) -- -- 0 ------------ ------------ -------------- 0.00 -------------- -------------- 54 Walgreen Company 08/26!04 400 shares purchased 14,652.00 11./26/04 200 shares purchased 7,616.00 09/14/07 (600)shares sold (22,268.00) -------------- -------------- 0 0.00 -------------- -------------- -------------- -------------- Wells Fargo and Company 08/26/04 325 shares purchased 18,895.50 09/14/04 325 shares purchased 19,175.00 11.126/04 50 shares purchased 3,101.50 08/14/06 700 shares received in 2-for-1 0.00 stock split 09/14/07 (1,400)shares sold (41,172.00) -------------- - - - ------------ 0 ------------ ------------ - - - 0.00 -------------- --------- ---- Zimmer Holdings, Inc. 09/14/07 350 shares purchased 28,329.67 -------------- -------------- 350 28,329.67 -------------- -------------- -------------- ------------- Zions Bancorporation ----------------- p 09/14/07 400 shares urchased 28,067.96 -------------- -------------- 400 28,067.96 -------------- -------------- 55 RECEIPTS OF INCOME DIVIDENDS Abbott Laboratories 11/15/04 02/15/05 05/16/05 08/15/05 11/15/05 02/15/06 05/15/06 08/15/06 11/15/06 02/15/07 05/15/07 08/15/07 Abercrombie & Fitch Co. Class A ------------------------------- 12/18/07 03/18/08 Accenture Ltd - Class A 11./17/05 11./15/06 ALCOA, Inc. 11/26/04 02/25/05 05/25/05 0£3/25/05 11/25/05 0'1./27/06 O~i/25/06 08/25/06 11/27/06 02/26/07 05/25/07 08/27/07 A:11ied Irish Bks Plc Spons ADS 10/06/04 104.00 136.50 144.38 144.38 144.38 144.38 154.88 154.88 154.88 154.88 170.63 170.63 -------------- 63.88 63.88 -------------- 240.00 280.00 -------------- 75.00 75.00 75.00 75.00 75.00 75.00 75.00 150.00 150.00 170.00 170.00 170.00 -------------- 1,778.80 127.76 520.00 1,335.00 915.89 56 Alpine International Real Estate Equity Fund 12/24/07 Al.tria Group, Inc. 10/10/07 311.25 01/10/08 311.25 04/10/08 311.25 -------------- Arnerican Intl Group Inc 09/17/04 24.38 l:?./17/04 48.75 03/18/05 81.25 06/17/05 81.25 0.'3/16/05 97.50 12/16/05 97.50 03/17/06 97.50 06/16/06 97.50 09/15/06 107.25 12/15/06 107.25 03/16/07 107.25 06/15/07 107.25 09/21/07 130.00 12/21/07 106.00 03/21/08 106.00 -------------- AT&T, Inc. 11/01/07 253.83 02/01/08 286.00 05/01/08 286.00 -------------- Bank of America Corporation 09/24/04 202.50 12/22/04 416.25 03/25/05 416.25 06/24/05 416.25 09/23/05 462.50 12/23/05 462.50 03/24/06 462.50 06/23/06 462.50 09/22/06 518.00 1.2/22/06 518.00 03/23/07 518.00 06/22/07 518.00 729.48 933.75 1,396.63 825.83 57 09!28/07 592.00 12!28/07 400.00 03!28/08 400.00 -------------- 6,765.25 Boy=ing Co 12/07/07 103.25 03/07/08 118.00 -------------- 221.25 Boston Company International Small Cap Fund ---------------------------- 12/15/06 29.88 06/29/07 127.06 -------------- 156.94 Bridgeway Ultra Small Co Market Fund ------------------------------------ 12/15/06 430.58 12/19/07 222.93 653.51 Burlington Resources Inc 10/12/04 42.50 01/11/05 42.50 04/08/05 42.50 07/08/05 42.50 10/11/05 50.00 01./10/06 50.00 09:/10/06 50.00 -------------- 320.00 Capital One Financial Corp 11/23/07 11.60 02/20/08 163.13 0`_i/21/08 163.13 -------------- 337.86 Ce>_ndant Corporation 12/14/04 72.00 03/15/05 72.00 -------------- 144.00 58 ChevronTexaco Corporation 12/10/04 120.00 03/10/05 160.00 06/10/05 180.00 09/12/05 180.00 12/12/05 180.00 03/10/06 180.00 06/12/06 208.00 09/11/06 208.00 12/11/06 208.00 03/12/07 208.00 06/11/07 232.00 09/10/07 232.00 -------------- 2,296.00 CIT Group, Inc. --------------- 11/30/07 193.75 02/29/08 193.75 05/30/08 77.50 -------------- 465.00 Citigroup, Inc. 11./24/04 400.00 02'./25/05 484.00 05/27/05 484.00 OE~/26/05 484.00 11./23/05 484.00 02/24/06 539.00 0-`i/26/06 539.00 OE3/25/06 539.00 1]_/22/06 539.00 02/23/07 594.00 O~i/25/07 594.00 0£3/24/07 594.00 1]_/21/07 332.10 0'1./22/08 196.80 05/23/08 196.80 -------------- 6,999.70 ConocoPhillips 06/01/06 129.60 09/01/06 129.60 12/01/06 129.60 0:3/01/07 147.60 06/01/07 147.60 0'x/04/07 147.60 12/05/07 139.40 0:3/03/08 159.80 -------------- 1,130.80 59 CRM Mid Cap Value Fund-Instl #32 12/23/04 186.74 12/16/05 482.79 12/19/06 411.04 12/18/07 498.70 -------------- CVS/Caremark Corp 11/02/07 44.70 02/01/08 44.70 O~i/02/08 44.70 -------------- Darden Restaurants, .Inc. 11/01/04 30.00 05/02/05 34.00 11/01/05 170.00 0`.i/01/06 170.00 11/01/06 195.50 05/01/07 195.50 08/01/07 153.00 -------------- Disney Walt Company 01/11/08 Dominion Resources, Inc. ------------------------ 12/20/07 260.70. 03/20/08 260.70 -------------- Dow Chemical Co --------------- 10/30/07 283.50 01/30/08 283.50 04/30/08 283.50 -------------- Du Pont De Nemours E I Co 03/14/05 131.25 06/13/05 138.75 09/12/05 138.75 12/14/05 138.75 03/14/06 138.75 06/12/06 138.75 09/12/06 138.75 1,579.27 134.10 948.00 288.75 521.40 850.50 60 12/14/06 138.75 03/14/07 138.75 06/12/07 138.75 09/12/07 138.75 -------------- 1,518.75 EOG Resources, Inc. ------------------- 10/31/07 36.00 01/31/08 36.00 04/30/08 48.00 -------------- 120.00 Estee Lauder Co, Class A 12/28/04 200.00 12/28/05 200.00 12/27/06 250.00 12/27/07 385.00 -------------- 1,035.00 Ex:elon Corporation 12/10/04 260.00 03/10/05 360.00 OE~/10/05 360.00 09/12/05 360.00 12/12/05 360.00 0~'~/10/06 360.00 06/12/06 360.00 09/11/06 360.00 12/11/06 360.00 03/12/07 396.00 OEi/11/07 396.00 09/10/07 396.00 12/10/07 167.20 03/10/08 190.00 -------------- 4,685.20 Exxon Mobil Corporation 17/10/04 121.50 03/10/05 175.50 06/10/05 188.50 0!x/09/05 188.50 12/09/05 188.50 0:3/10/06 208.00 06/09/06 208.00 09/11/06 208.00 12/11/06 208.00 0:3/09/07 208.00 05/11/07 227.50 61 09/10/07 227.50 12/10/07 113.75 03/10/08 113.75 -------------- Federated Strategic Value Fund 09/20/07 266.88 1G/22/07 208.32 11./20/07 265.92 12/20/07 423.21 01./23/08 38.29 02/20/08 173.31 03/20/08 346.63 09:/22/08 93.71 05/20/08 297.25 -------------- Fe~dEx Corp 01/02/08 26.00 04/01/08 26.00 -------------- First Perry Bancshares, Inc. ----------------------------- 09/15/04 General Electric Co 10/25/04 145.00 0:1/25/05 308.00 04/25/05 308.00 0'7/25/05 308.00 10/25/05 308.00 0:1/25/06 350.00 04/25/06 350.00 0'7/25/06 350.00 10/25/06 350.00 01/25/07 392.00 04/25/07 392.00 0'7/25/07 392.00 10/25/07 198.80 01/25/08 220.10 04/25/08 220.10 -------------- Goldman Sachs Group, Inc. 08/24/06 35.00 11/20/06 35.00 02/22/07 35.00 05/24/07 35.00 2,585.00 2,113.52 52.00 1,968.40 4,592.00 62 08/30/07 35.00 11/26/07 52.50 02/28/08 52.50 05/29/08 52.50 -------------- 332.50 Harbor International Fund #11 01./03/05 2,701.99 12/21/05 5,015.41 12/20/06 7,109.41 12,/20/07 5,135.32 -------------- 19,962.13 Harris Corp 1'1./07/07 71.25 O~S/14/08 71.25 -------------- 142.50 Hartford Financial Services Group, Inc. ---------------------------------------- 01/02/08 169.60 04/01/08 169.60 -------------- 339.20 Harsco Corp 1:1/15/07 90.53 O:Z/15/08 99.45 05/15/08 99.45 -------------- 289.43 Home Depot Inc 09/16/04 38.25 12/16/04 42.50 03/24/05 50.00 06/23/05 50.00 09/15/05 50.00 12/15/05 50.00 03/23/06 75.00 06/22/06 75.00 09/21/06 75.00 12/14/06 112.50 03/22/07 112.50 06/21/07 112.50 09/13/07 112.50 -------------- 955.75 63 Idearc, Inc. 03/15/07 3.08 06/07/07 3.08 09/07/07 3.08 -------------- 9.24 Intl Business Machines Corp 12/10/04 49.50 03/10/05 81.00 06/10/05 90.00 09/12/05 90.00 12/12/05 90.00 03/10/06 90.00 OE/12/06 135.00 09/11/06 135.00 12/11/06 135.00 03/12/07 135.00 OE~/11/07 180.00 09/10/07 180.00 12/10/07 96.00 03/10/08 96.00 -------------- 1,582.50 is>hares Russell 2000 Index Fund 09/30/04 119.11 1'1./30/04 185.00 03/31/05 246.66 Ofi/24/05 131.77 09/29/05 177.97 1:?/29/05 234.85 0:3/30/06 151.81 06/28/06 94.67 11)/02/06 207.93 12/27/06 296.30 0:3/29/07 138.17 0'7/05/07 143.10 -------------- 2,127.34 J~abil Circuit, Inc. 06/01/06 59.50 09/01/06 59.50 12/01/06 59.50 03/01/07 59.50 06/01/07 59.50 09/04/07 59.50 -------------- 357.00 64 Johnson & Johnson 12/07/04 71.25 0?',/08/05 106.88 OEi/07/05 123.75 09/13/05 123.75 12/13/05 123.75 03/14/06 123.75 OEi/13/06 187.50 09/12/06 187.50 12/12/06 187.50 03/13/07 187.50 OEi/12/07 207.50 09/11/07 207.50 10/12/07 0.03 12/11/07 186.75 03/11/08 186.75 -------------- 2,211.66 Le>_ar Corporation O5~/13/04 60.00 12/13/04 75.00 03/14/05 93.75 -------------- 228.75 Legg Mason Inc 10/15/07 84.00 12/31/07 84.00 04/07/08 84.00 -------------- 252.00 Le=_hman Brothers Holdings 0£3/24/06 24.00 11/22/06 24.00 0`1,/21/07 30.00 O~i/23/07 30.00 0£3/24/07 30.00 -------------- 138.00 Lockheed Martin Corp 09/30/04 66.00 12/30/04 87.50 03/31/05 87.50 OEi/30/05 87.50 09/30/05 87.50 12/30/05 105.00 03/31/06 105.00 OEi/30/06 105.00 09/29/06 105.00 65 12/29/06 122.50 03/30/07 122.50 06/22/07 122.50 09/28/07 122.50 -------------- 1,326.00 Loomis Sayles Small Cap Value Fund I 12/17/04 10.89 12/30/05 70.56 01/02/07 84.59 12/11/07 29.33 -------------- 195.37 Lowes Companies Inc ------------------- 11/02/07 149.60 02/01/08 149.60 05/02/08 149.60 -------------- 448.80 Masco Corp 11/08/04 90.00 02/07/05 90.00 05/09/05 100.00 08/08/05 100.00 11/07/05 100.00 02/06/06 100.00 05/08/06 110.00 08/07/06 110.00 11/06/06 110.00 02/05/07 110.00 05/07/07 115.00 08/06/07 115.00 -------------- 1,250.00 Microsoft Corp 12/02/04 68.00 03/10/05 112.00 06/09/05 112.00 09/08/05 112.00 12/08/05 112.00 03/09/06 126.00 06/08/06 126.00 09/14/06 108.00 12/14/06 120.00 03/08/07 120.00 06/14/07 120.00 66 09/13/07 120.00 12/13/07 106.15 03/13/08 106.15 -------------- 1,568.30 Midcap SPDR Trust Series 1 S&P 400 10/29/04 141.03 01/31/05 183.53 04/29/05 138.30 07/29/05 291.95 10/31/05 190.02 01/31/06 218.60 04/28/06 228.13 07/31/06 243.21 10/31/06 204.05 01/31/07 359.31 04/30/07 368.10 07/31/07 254.17 -------------- 2,820.40 Moodys Corp 12/10/07 50.40 03/10/08 63.00 -------------- 113.40 Morgan Stanley Group Inc ------ ------------------ 10/29/04 175.00 01/31/05 216.00 ------------ -- 391.00 National Penn Bancshares, Inc. - ----------------------------- 08/31/04 864.96 Nike Inc Cl-B 10/03/05 56.25 01/03/06 69.75 04/03/06 69.75 07/03/06 69.75 10/02/06 69.75 01/02/07 83.25 04/02/07 83.25 07/02/07 83.25 10/01/07 83.25 -------------- 668.25 67 Nucor Corp 11/09107 320.25 02/11/08 320.25 05/09/08 273.00 -------------- 913.50 Penney J.C. Co Inc ------------------ 11/01/07 87.00 02/04/08 87.00 05/01/08 87.00 -------------- 261.00 PepsiCo Inc 09/30/04 109.25 01/03/05 161.00 03/31/05 161.00 06/30/05 182.00 09/30/05 182.00 01/03/06 182.00 03/31!06 182.00 06J30/06 210.00 09/29/06 210.00 01/02/07 210.00 03/30/07 210.00 06/29/07 262.50 09/28/07 262.50 01/02!08 151.88 03/31/08 151.88 -------------- 2,828.01 Pfizer Inc 12/03/04 127.50 03/08/05 142.50 06/07/05 142.50 09/06/05 142.50 12/06/05 142.50 03/07/06 180.00 06/06/06 180.00 09/05/06 240.00 12/05/06 240.00 03/06/07 290.00 06/05/07 290.00 09/05/07 290.00 -------------- 2,407.50 68 Procter & Gamble Co 11/15/04 106.25 02/15/05 162.50 05/16/05 182.00 08/15/05 182.00 11/15/05 182.00 02/15/06 182.00 05/15/06 201.50 08/15/06 201.50 11/15/06 201.50 02/15/07 201.50 05/15/07 227.50 08/15/07 227.50 11/15/07 148.75 02/15/08 148.75 05/15/08 170.00 -------------- 2,725.25 St. Joe Company 09/30/04 49.00 12/31/04 56.00 03/31/05 56.00 06/30/05 56.00 09/30/05 64.00 12/30/05 64.00 03/31/06 64.00 06/30/06 64.00 09/29/06 64.00 12/29/06 64.00 03/30/07 64.00 06/29/07 64.00 -------------- 729.00 Staples, Inc. 04/14/05 175.00 04/20/06 231.00 04/19/07 377.00 04/17/08 412.50 -------------- 1,195.50 Syysco Corporation 10/22/04 58.50 01/28/05 97.50 04/22/05 97.50 07/22/05 97.50 10/28/05 97.50 01/27/06 110.50 04/28/06 110.50 07/28/06 153.00 10/27/06 153.00 69 01./26/07 171.00 09:/27/07 171.00 07/27/07 171.00 ------------ -- 1,488.50 Tairget Corporation 1;/10/04 32.00 0?',/10/05 32.00 OE~/10/05 32.00 09/12/05 40.00 1;/12/05 40.00 0~'~/10/06 40.00 06/12/06 40.00 09/11/06 12.00 12/11/06 12.00 0_'/12/07 12.00 06/11/07 12.00 09/10/07 14.00 318.00 Time Warner Inc OE~/15/06 50.00 09/15/06 55.00 12/15/06 55.00 03/15/07 55.00 OE~/15/07 55.00 09/17/07 62.50 332.50 UriitedHealth Group, Inc. 04/16/08 16.95 United Technologies Corp 12/10/04 70.00 03/10/05 143.00 OEi/10/05 143.00 09/12/05 143.00 12/12/05 143.00 03/10/06 143.00 OEi/12/06 172.25 09/11/06 172.25 12/11/06 172.25 03/12/07 172.25 OEi/11/07 172.25 09/10/07 208.00 1`1./10/07 120.00 03/10/08 120.00 -------------- 2,094.25 70 Verizon Communications 11/01/04 190.19 02/01/05 190.19 05/02/05 200.07 08/01/05 200.07 11/01/05 200.07 02/01/06 200.07 05/01/06 200.07 08/01/06 76.14 11/01/06 76.14 02/01/07 76.14 05/01/07 76.14 08/01/07 76.14 11/01/07 290.25 02/01/08 290.25 05/01/08 290.25 -------------- Viacom, Inc. Class B 10/01/04 28.50 01/03/05 42.00 04/01/05 42.00 07/01/05 42.00 Vodafone Group Plc ADS 02/04/05 213.90 08/05/05 226.86 02/03/06 232.24 08/04/06 423.91 02/02/07 241.93 08/03/07 473.36 -------------- Vodafone Group PLC Class B Spons ADR ------------------------------------ 08/16/06 Wa.chovia Corporation 09/15/04 150.00 12/15/04 379.50 03/15/05 379.50 06/15/05 379.50 09/15/05 420.75 12/15/05 420.75 03/15/06 420.75 06/15/06 420.75 09/15/06 462.00 12/15/06 462.00 02/15/07 1,093.75 2,632.18 154.50 1,812.20 1,699.02 71 03/15/07 462.00 06/15/07 462.00 08/15/07 1,093.75 09/17/07 528.00 -------------- 7,535.00 Walgreen Company 12/13/04 21.00 03/14/05 31.50 OE~/13/05 31.50 09/12/05 39.00 12/12/05 39.00 03/13/06 39.00 OE~/12/06 39.00 09/12/06 46.50 12/12/06 46.50 03/12/07 46.50 06/12/07 46.50 09/12/07 57.00 483.00 Wells Fargo and Company 12/01/04 312.00 03/01/05 336.00 OE./01/05 336.00 09/0'1/05 364.00 1;/01/05 364.00 0?'~/01/06 364.00 06/01/06 364.00 09/06/06 392.00 12/01/06 392.00 0:'/01/07 392.00 OEi/01/07 392.00 09/04/07 434.00 -------------- 4,442.00 Zions Bancorporation 17_/21/07 172.00 02/20/08 172.00 0`i/21/08 172.00 -------------- TOTAL DIVIDEND INCOME ..................... -------------- 124,203.68 -------------- -------------- 72 INTEREST $100,000 Federal National Mortgage Assn Disc Notes due 12/23/05 ---------------------------------- 12/23/05 $100,000 Federal National Mortgage Assn 3.125 due 7/15/06 ---------------------------------- O1/18/05 07/15/05 01/17/06 07/17/06 $150,000 American General Finance IB-CP 1.765 due 10/28/04 --------------------------------- 10/28/04 $150,000 General Electric Co IB-CP 1.88 due 12/28/04 --------------------------- 12/28/04 $150,000 General Electric Cap IB-CP 2.07 due 1/26/05 --------------------------- O1/26/05 $150,000 Pru Funding IB-CP 2.32 due 3/29/05 ----------------------- 03/29/05 $25,000 Federal Home Loan Bank Discount Notes due 10/26/05 ------------------------------ 10/26/05 $50,000 American International Group 2.85 due 12/1/05 ------------------------------ 12/01/04 06/01/05 12/01/05 368.92 846.34 1,562.50 1,562.50 -------------- 332.50 712.50 712.50 -------------- 2,523.66 4,340.26 213.57 708.33 780.29 875.08 219.60 1,757.50 73 $50,000 Bear Stearns Cos, Inc. 3~ due 3/30/06 ------------------------- 03/30/05 09/30/05 03/30/06 $50,000 Citi Group Inc. 2.875 due 9/29/06 09/29/04 03/29/05 09/29/05 03/29/06 09/29/06 $50,000 Federal Home Loan Mortgage Discount Note due 1/24/06 ---------------------------------- 01/24/06 $50,000 Federal Home Loan Bank 3.375 due 9/14/07 ------------------------- 03/14/OS 09/14/05 03/14/06 09/14/06 03/14/07 09/14/07 $50,000 Federal Home Loan Mortgage Discount Notes due 5/10/05 ---------------------------------- 05/10/05 $50,000 Federal Home Loan Mortgage Discount Notes due 6/9/05 ---------------------------------- 06/09/05 $50,000 Federal National Mortgage Assn Disc Notes due 11/2/05 --------------------------------- 11/02/05 $50,000 Federal National Mortgage Assn Disc Notes due 9/21/05 09/21/05 583.33 750.00 750.00 -------------- 71.87 718.75 718.75 718.75 718.75 -------------- 604.69 843.75 843.75 843.75 843.75 843.75 -------------- 2,083.33 2,946.87 927.62 4,823.44 331.14 585.00 1,093.96 781.75 74 $50,000 Household Finance 4.125 due 12/15/08 12/15/04 68.75 06/15/05 1,031.25 12/15/05 1,031.25 06/15/06 1,031.25 12/15/06 1,031.25 06/15/07 1,031.25 12/17/07 1,031.25 -------------- 6,256.25 $50,000 IBM Corp 2.375 due 11/1/06 05/02/05 422.22 11./01/05 593.75 05/01/06 593.75 11/01/06 593.75 -------------- 2,203.47 $50,000 Merrill Lynch Mt.nb 4~ due 11/15/07 05/16/05 916.67 11./15/05 1,000.00 05/15/06 1,000.00 11./15/06 1,000.00 05/15/07 1,000.00 11./15/07 1,000.00 -------------- 5,916.67 $50,000 PepsiCo Inc 3.2~ due 5/15/07 05/16/05 586.67 11./15/05 800.00 05/15/06 800.00 11./15/06 800.00 05/15/07 800.00 -------------- 3,786.67 $50,000 U S Bancorp MTN 2.75 due 3/30/06 09/30/05 435.42 03/30/06 687.50 1,122.92 $50,000 US Bank NA 3.7~ due 8/1/07 ----------------------------------- 02/01/05 416.25 08/01/05 925.00 0'1,/01/06 925.00 75 08/01/06 925.00 02/01/07 925.00 08/01/07 925.00 -------------- $50,000 Wachovia Bank NA 4.375 due 8/15/08 --------------------- 02/15/06 735.24 08/15/06 1,093.75 02/15/08 1,093.75 -------------- $75,000 Federal National Mortgage Assn Disc Notes due 7/5/05 --------------------------------- 07/05/05 $75,000 Household Finance IB-CP 1.93 due 11/29/04 ------------------------- 11/29/04 $75,000 Mortgage Int. Network IB-CP 1.7~ due 11/23/04 ----------------------------- 11/23/04 $75,000 Treasury Investment Growth Rcpt/Prin due 11/15/05 ----------------------------- 02/15/05 Federated Total Return Bond Fund 06/01/06 271.25 07/03/06 835.98 08/01/06 867.66 09/05/06 889.34 10/02/06 881.93 11/01/06 875.03 12/01/06 854.OS 12/22/06 333.98 01/02/07 834.11 02/01/07 843.14 03/01/07 855.03 04/02/07 868.88 05/01/07 863.95 06/01/07 901.26 07/02/07 904.56 08/01/07 923.94 09/04/07 907.16 10/01/07 1,474.51 11/01/07 1,751.54 12/03/07 1,738.83 5,041.25 2,922.74 610.29 128.89 320.11 587.21 76 01./02/08 2,065.95 02/01/08 1,835.97 03/03/08 1,708.52 09:/01/08 1,761.68 05/01/08 1,774.79 -------------- Merrill Lynch Account 10/20/04 M'I'B Money Market-Inst I-Fund #420 09/01/04 386.97 10/01/04 940.04 11./01/04 522.45 12/01/04 267.33 01./03/05 274.64 02/01/05 147.11 0../01/05 283.39 04/01/05 209.41 Obi/03/05 98.72 OEi/01/05 201.45 07/01/05 226.78 OF3/01/05 274.78 09/01/05 194.14 10/03/05 271.23 17_/01/05 325.96 1`1./01/05 558.88 07_/03/06 974.81 02/01/06 1,327.17 03/01/06 1,374.38 04/03/06 1,211.55 Obi/01/06 1,490.82 OEi/01/06 1, 148.81 07/03/06 148.58 08/01/06 288.23 09/01/06 519.43 10/02/06 540.36 11/01/06 762.77 17./01/06 952.31 01/02/07 1,033.80 0?./01/07 1,111.65 03/01/07 1,017.77 04/02/07 778.61 05/01/07 526.18 06/01/07 663.77 0"7/02/07 750.70 08/01/07 787.25 0!x/04/07 1,000.99 10/01/07 1,041.87 1:1/01/07 1,141.90 1:?/03/07 1,165.63 27,823.07 10.75 77 07_/02/08 1,322.73 02./01/08 1,350.78 03/03/08 1,091.78 01/01/08 697.55 O~i/01/08 474.09 -------------- TOTAL INTEREST INCOME .................... OTHER INCOME A]_pine International Real E:>tate Equity Fund - Short Term Capital Gains Distribution -------------------------------- 12/24/07 Boston Company International Small Cap Fund - Short Term Capital Gains Distribution ---------------------------------------------- 12/15/06 CRM Mid Cap Value Fund-Instl #32 - Short Term Capital Gains Distribution -------------------------------------- 1'1./16/05 326.90 1<?/19/06 1,259.34 1'1./18/07 3,249.66 -------------- 31,879.55 -------------- 113,601.24 -------------- -------------- 866.98 45.87 4,835.90 FE=_derated Strategic Value Fund - Short Term Capital Gains Distribution -------------------------------------- 11/26/07 Harbor International Fund #11 - Short Term Capital Gains Distribution -------------------------------------- 12/20/07 Loomis Sayles Small Cap Value Fund I - SlZOrt Term Capital Gains Distribution 1:x/30/05 9g.p9 O:L/02/07 256.53 12/11/07 195.02 -------------- TOTAL OTHER INCOME ........................ TOTAL RECEIPTS OF INCOME .................. 1,433.28 1,677.04 549.64 -------------- 9,408.71 -------------- -------------- 247,213.63 -------------- -------------- 7g DISBURSEMENTS OF INCOME 09/07/04 Manufacturers and Traders 1,721.65 Trust Company - Trustee Fee 10/06/04 Manufacturers and Traders 1,720.12 Trust Company - Trustee Fee 11./08/04 Manufacturers and Traders 1,737.97 Trust Company - Trustee Fee 12/06/04 Manufacturers and Traders 1,763.31 Trust Company - Trustee Fee 01./06/05 Manufacturers and Traders 1,758.66 Trust Company - Trustee Fee 02/07/05 Manufacturers and Traders 1,775.69 Trust Company - Trustee Fee 0:'/07/05 Manufacturers and Traders 1,786.63 Trust Company - Trustee Fee 09:/06/05 Manufacturers and Traders 1,715.37 Trust Company - Trustee Fee 05/06/05 Manufacturers and Traders 1,712.59 Trust Company - Trustee Fee OE~/06/05 Manufacturers and Traders 1,726.63 Trust Company - Trustee Fee 07/06/05 Manufacturers and Traders 1,732.01 Trust Company - Trustee Fee 08/08/05 Manufacturers and Traders 1,744.84 Trust Company - Trustee Fee 09/06/05 Manufacturers and Traders 1,744.35 Trust Company - Trustee Fee 10/06/05 Manufacturers and Traders 1,735.49 Trust Company - Trustee Fee 11/07/05 Manufacturers and Traders 1,748.56 Trust Company - Trustee Fee 1<'?/06/05 Manufacturers and Traders 1,902.29 Trust Company - Trustee Fee 0_./06/06 Manufacturers and Traders 1,919.31 Trust Company - Trustee Fee 02/06/06 Manufacturers and Traders 1,921.85 Trust Company - Trustee Fee 79 03/06/06 Manufacturers and Traders 1,932.54 Trust Company - Trustee Fee 04/06/06 Manufacturers and Traders 1,893.26 Trust Company - Trustee Fee OGi/08/06 Manufacturers and Traders 1,903.19 Trust Company - Trustee Fee OEi/06/06 Manufacturers and Traders 1,860.09 Trust Company - Trustee Fee 07/06/06 Manufacturers and Traders 1,856.24 Trust Company - Trustee Fee 0£3/07/06 Manufacturers and Traders 1,866.07 Trust Company - Trustee Fee 09/06/06 Manufacturers and Traders 1,892.90 Trust Company - Trustee Fee 10/06/06 Manufacturers and Traders 1,915.79 Trust Company - Trustee Fee 11/06/06 Manufacturers and Traders 1,922.06 Trust Company - Trustee Fee 12/06/06 Manufacturers and Traders 1,960.65 Trust Company - Trustee Fee 01/08/07 Manufacturers and Traders 1,960.01 Trust Company - Trustee Fee 02/06/07 Manufacturers and Traders 1,986.13 Trust Company - Trustee Fee 03/06/07 Manufacturers and Traders 1,942.71 Trust Company - Trustee Fee 04/06/07 Manufacturers and Traders 1,929.31 Trust Company - Trustee Fee 05/07/07 Manufacturers and Traders 1,963.83 Trust Company - Trustee Fee 06/06/07 Manufacturers and Traders 1,978.91 Trust Company - Trustee Fee 0'7/06/07 Manufacturers and Traders 1,983.35 Trust Company - Trustee Fee 0'B/06/07 Manufacturers and Traders 1,928.84 Trust Company - Trustee Fee 0'9/06/07 Manufacturers and Traders 1,954.54 Trust Company - Trustee Fee g~ 10/09/07 Manufacturers and Traders 2,013.01 Trust Company - Trustee Fee 11/06/07 Manufacturers and Traders 1,982.85 Trust Company - Trustee Fee 12/06/07 Manufacturers and Traders 1,978.78 Trust Company - Trustee Fee 01/07/08 Manufacturers and Traders 1,937.65 Trust Company - Trustee Fee 02/06/08 Manufacturers and Traders 1,903.02 Trust Company - Trustee Fee 03/06/08 Manufacturers and Traders 1,909.70 Trust Company - Trustee Fee 04/07/08 Manufacturers and Traders 1,869.00 Trust Company - Trustee Fee 04/09/08 Transfer To Principal - To Cover 257.00 State Estimated Tax Overpayment 05/06/08 Manufacturers and Traders 1,889.23 Trust Company - Trustee Fee TOTAL DISBURSEMENTS OF INCOME ........ -------------- .......... 84,237.98 -------------- -------------- 81 DISTRIBUTIONS OF INCOME TO BENEFICIARIES Brian Delancey 0~'~/10/05 03/10/06 03/12/07 O:i/10/08 Annual Annuity Distribution Annual Annuity Distribution Annual Annuity Distribution Annual Annuity Distribution 2,000.00 2,000.00 2,000.00 2,000.00 -------------- 8,000.00 Eagle Foundation of the Cumberland Valley School District -------------------------- ------ --- 03/10/05 Annual Annuity Distribution 03/10/06 Annual Annuity Distribution 03/12/07 Annual Annuity Distribution 03/10/08 Annual Annuity Distribution 4,611.50 10,000.00 10,000.00 10,000.00 -------------- 34,611.50 Franklin & Marshall College 03/10/06 Annual Annuity Distribution 0:3/12/07 Annual Annuity Distribution 14,424.75 27,177.18 -------------- 41,601.93 Carol W. Kudis 0:3/10/05 0:3/10/06 03/12/07 03/10/08 Annual Annuity Distribution Annual Annuity Distribution Annual Annuity Distribution Annual Annuity Distribution 3,000.00 3,000.00 3,000.00 3,000.00 -------------- 12,000.00 82 National American Red Cross Disaster Relief Fund --------------------------- 03/10/06 Annual Annuity Distribution 03/12/07 Annual Annuity Distribution 03/10/08 Annual Annuity Distribution 5,000.00 5,000.00 5,000.00 -------------- 15,000.00 Susquenita School District 03/10/06 Annual Annuity Distribution 5,000.00 03/12/07 Annual Annuity Distribution 5,000.00 0:'/10/08 Annual Annuity Distribution 5,000.00 -------------- 15,000.00 -------------- TOTAL DISTRIBUTIONS TO BENEFICIARIES...... 126,213.43 83 INCOME BALANCE ON HAND Current Value Fiduciary Acquisition Description or as Noted Value MTB Money Market-Inst I-Fund #420 36,762.22 36,762.22 --------------- --------------- 36,762.22 36,762.22 --------------- --------------- 84 PROPOSED DISTRIBUTIONS TO BENEFICIARIES Current Value Fiduciary Acquisition # Units or as Noted Value Manufacturers and Traders Trust Company, Trustee under Will of Adel W. Fox Dated 1/16/98 (Trust C) - Entire Residue for Future Accounting --------------------------------------------------- Principal: MTB Money Market-Inst I-Fund #420 197,878.25 197,878.25 $50,000 Household Finance 50,030.00 50,082.50 4.125 due 12/15/08 $50,000 Wachovia Bank NA 49,992.50 49,700.50 4.375 due 8/15/08 365 shares Abercrombie & Fitch Co. 26,499.00 27,491.80 Class A 1458.894 units Alpine International 52,242.99 62,906.51 Real Estate Equity Fund 415 shares Altria Group, Inc. 9,237.90 8,500.89 530 shares American Intl Group Inc 19,080.00 37,898.98 545 shares Amgen, Inc. 23,996.35 30,633.00 200 shares Apple, Inc. 37,750.00 27,194.66 715 shares AT&T, Inc. 28,528.50 28,239.71 625 shares Bank of America 21,256.25 27,907.43 Corporation 295 shares Boeing Co 24,417.15 28,437.76 5497.433 units Bridgeway Ultra Small Co 91,092.46 105,374.88 Market Fund 435 shares Capital One Financial Corp 20,932.20 27,883.50 875 shares Cisco Systems, Inc. 23,380.00 17,129.22 775 shares CIT Group, Inc. 7,750.00 28,614.75 615 shares Citigroup, Inc. 13,462.35 28,448.78 775 shares Citrix Systems, Inc. 26,528.25 27,926.82 340 shares ConocoPhillips 31,654.00 17,645.69 X)99.196 units CRM Mid Cap Value 62,631.15 50,000.00 Fund-Instl #32 745 shares CVS/Caremark Corp 31,878.55 27,734.86 825 shares Disney Walt Company 27,720.00 27,770.73 660 shares Dominion Resources, Inc. 30,558.00 28,040.10 675 shares Dow Chemical Co 27,270.00 27,816.75 400 shares EOG Resources, Inc. 51,452.00 28,422.92 700 shares Estee Lauder Co, Class A 33,320.00 29,828.38 380 shares Exelon Corporation 33,440.00 14,375.29 325 shares Exxon Mobil Corporation 20,847.00 15,557.50 12 shares Farpoint 108.00 120.74 Communications, Inc. 10706.34 units Federated Strategic 53,303.84 62,748.48 Value Fund 38244.41 3units Federated Total Return 406,155.67 400,000.00 Bond Fund 260 shares FedEx Corp 23,844.60 28,372.19 710 shares General Electric Co 21,811.20 24,412.08 440 shares Genzyme Corp 30,122.40 27,907.44 85 150 shares Goldman Sachs Group, Inc. 48',66.358 units Harbor International Fund #11 475 shares Harris Corp 320 shares Hartford Financial Services Group, Inc. 510 shares Harsco Corp 240 shares Intl Business Machines Corp 425 shares Jacobs Engineering Group Inc 450 shares Johnson & Johnson 350 shares Legg Mason Inc ~l83.933 units Loomis Sayles Small Cap Value Fund I 1,870 shares Lowes Companies Inc 965 shares Microsoft Corp 630 shares Moodys Corp 525 shares Nucor Corp 435 shares Penney J.C. Co Inc 405 shares PepsiCo Inc 415 shares Philip Morris Intl, Inc 425 shares Procter & Gamble Co 1,250 shares Staples, Inc. 515 shares Thermo Fisher Scientific, Inc. 178 shares Transocean, Inc. 565 shares UnitedHealth Group, Inc. 375 shares United Technologies Corp 675 shares Verizon Communications 350 shares Zimmer Holdings, Inc. 400 shares Zions Bancorporation Income: MTB Money Market-Inst I-Fund #420 26,461.50 354,076.21 31,245.50 22,742.40 32,293.20 31,063.20 40,281.50 30,033.00 18,833.50 11,740.21 44,880.00 27,328.80 23,360.40 39,270.00 17,504.40 27,661.50 21,853.90 28,071.25 29,312.50 30,395.30 26,733.82 26,640.00 19,328.65 25,967.25 25,480.00 17,236.00 2,639,964.55 36,762.22 -------------- 36,762.22 -------------- 2,676,726.77 -------------- -------------- 24,158.00 187,500.00 28,078.30 27,976.51 27,876.55 21,335.07 28,500.16 26,505.00 27,720.00 12,500.00 56,254.65 26,089.81 28,198.74 28,192.50 27,486.13 20,381.62 19,488.62 23,247.99 25,513.46 27,947.09 19,136.40 27,624.26 17,828.37 29,632.54 28,329.67 28,067.96 2,468,572.49 36,762.22 -------------- 36,762.22 -------------- 2,505,334.71 -------------- -------------- 86 AFFIDAVIT Manufacturers and Traders Trust Company, Trustee under the Will of ADELE W. FOX, deceased, hereby declares under oath that it has fully and faithfully discharged the duties of its 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 its knowledge, there are no claims now outstanding against the Trust; that all taxes presently due from the Trust have been paid. Subscribed and sworn before me this ~ day of ~/ 2008. Notary Public COMMONWEALTH OF PENNSYlVAN1A Nobaiel Sed Donna Mr Lonpr+aloer, Notary Pubic CRy Of Hanisbtrp, DauphYt County My Carrrdeaion Ekes Oct 27, ZQ'11 Member, PennaylvaMa AssxieMon of NW~A~~ AifT, VK~ PRAT ~ ~ ~. 87 TRUST COURT OF COMMON PLEAS OF Cumberland COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NAME OF TRUST (TRUST UNDER WILL OF Trust C U/W ofAdele W. Fox, As Reformed by Court Order Dated December 3, 1999 or TRUST UNDER DEED OF DATED No. 1998-00259 ~, :~, _._, `_, , , _,- , _.~ ; ;__ ~ > c__ ~..._ . _, ,, .~.~ `. , . .~ __ PETITION FOR ADJUDICATION / ~ `~ c ~ = _- STATEMENT OF PROPOSED DISTRIBUTION ~.; ~ ; .";~, - ~- PURSUANT TO Pa. O.C. Rule 6.9 -' '' --~' " - =~ _J ~~; :" .~- This form nay be used in. all cases involving t12e Audit of Trust Accou~lts. If space is irasufficie».t, riders may be attached. INCL UDE ATTACHMENTS AT THE BACIf OF THIS FORM. Name of Counsel: Robert R. Church, Supreme Court LD. No.: 40385 Name of Law Firm: Keefer Wood Allen. & Rahal, LLP Address: 210 Walnut Street, P.O. Box 11963, Harrisburg, PA 17108-1963 Telephone: 717-255-8059 Fax: 717-255-8003 ro~~„~ oc-o' rw ~o. r3.o~ Page 1 of 10 Name of Trust: Trust C U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 1. Name(s) and address(es) of Petitioner(s): N~r,»,~ Petitioner: Petitioner: Manufacturers and Traders Trust Company at~~ress 213 Market Street Harrisburg, PA 17101 2. Check if any of the following issues are involved in this case: A. Appointment of Tnistee ................................ ........... ^ B. Interpretation ........................................ ........... ^ C. Discharge of Trustee .................................. ........... ^ D. Transfer of Situs ...................................... ........... ^ E. Appointment of Ad Litern ............................... ........... ^ F. Minor, Unborn or Unascertained Beneficiary(ies) ........... ........... ^ G. Principal Distribution .................................. ........... ^ H. Partial/Full Termination of Trust ......................... ........... ^ I. Missing Beneficiary(ies) ............................... ........... ^ J. Cy Pres ............................................. ........... ^ K. WilliamsonIssue* .................................... ........... ^ L. Other Issues ......................................... ........... ^ List: Please dote: A detailed explanation of issues checked should be set forth at item 13 below. * See Willinnaon Estate, 368 Pa 343, 82 A.2d 49 (1951), if Trustee was also Executor ofthe settlor/decedents estate and received commissions in such capacity. Fa-nr OC-0? rev 10.13.06 Page 2 Of 1 ~ Name of Trust: Trust C U/W of Adele W. Fox, As Reformed By Court Order Dated 12!03/1999 3. Testamentary Trust: Decedent's date of death: March 20, 1998 Date of Decedent's Will: January 16, 1998, as Reformed By Court Order Dated 12 /03 / 1999 Date(s) of Codicil(s): Date of probate: March 26, 1998 or Inter Vivos Trust: Date of Trust: Date(s) of Amendment(s): 4. A. If any other Court has taken jurisdiction of any matter relating to this Trust, explain: N/A B. Identify all prior accountings and provide dates of adjudication. None. 5. A. State how each Trustee was appointed: Manufachirers and Traders Trust Company became Tnistee by its merger with Allfirst Trust Company of Pennsylvania, N.A. ("Allfirst"). Allfirst was the successor entity of the merger of Allfirst and Dauphin Deposit Bank and Trust Company, a division of FMB ("Dauphin"). Dauphin was named Trustee under Item VLB of the Last Will and Testament of Adele W. Fox, As Reformed By Court Order Dated B. If a Petitioner is not a Trustee, explain: December 3, 1999 ("Reformed Will") . N/A f-o~~,» oc-o Yw io.i3.o6 Page 3 of 10 Name of Trust: Trust C U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 9 10 State how and when the present fined was awarded to Trustee(s): 'rhe mist property was awarded to the Tnlstee by Decree dated May 11, 2004, approving and confirming the First Amended First and Final Account of Beatrice Wright, Executrix of the Estate of Adele W. Fox, Deceased, as Supplemented through February 29, 2004. Period covered by accounting: August 19, 2004 to May 31, 2008 Current fair market value of the Trust principal is $ 2,639,964.55 22 and 23 of Account.) State concisely the dispositive provisions of the Trust: See Attached Statement. (See page Explain the reason for filing this Account (if filed because of the death of a party, state name of person, relationship to Trust and date of death): The Trustee is filing this First and Interim Account for its administration of Trust C to provide an accounting of its administration of the trust property during the accounting period. Form OC-0? rev lQ13-06 Page 4 Of 1 0 Name of Trust: Trust C U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 11. State why a Petition for Guardian/Trustee Ad Litern has or has not been filed for this Audit (see Pa. O.C. Rule 12.4): N/A 12. A. State the amount of Pennsylvania Transfer Inheritance Tax and Pennsylvania Estate 'Tax paid (including postponed tax on remainder interests), the dates of payment and the interests upon which such amounts were paid: Date Payment Interest N/A B. If any such taxes remain unpaid or are in dispute, explain: N/A 13. Describe any questions requiring Adjudication and state the position of Petitioner(s) and give details of any issues identified in item 2: None Form oc-oz ,-e~ ro.i3.o~ Page 5 of 10 Name of Trust: Trust C U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 14. Written notice of the Audit as required by Pa. O.C. Rules 6.3, 6.7 and 6.8 has been or will be given to all parties in interest listed in item 15 below. In addition, notice of any questions requiring Adjudication as discussed in item 13 above has been or will be given to all persons affected thereby. A. If Notice has been given, attach a copy of the Notice as well as a list of the names and addresses of the parties receiving such notice. B. If Notice is yet to be given, a copy of the Notice as well as a list of the names and addresses of the parties receiving such Notice shall be submitted at the Audit together with a statement executed by Petitioner(s) or counsel certifying that such Notice has been given. C. If any such party in interest is not sui juris (e.g., minors or incapacitated persons), Notice of the Audit has been or will be given to the appropriate representative on such party's behalf as required by Pa. O.C. Rule 5.2. D. If any charitable interest is involved, Notice of the Audit has been or will also be given to the Attorney General as required under Pa. O.C. Rule 5.5. In addition, the Attorney General's clearance certificate (or proof of service of Notice and a copy of such Notice) must be submitted herewith or at the Audit. 15. List all parties of whom Petitioner(s) has/have notice or knowledge, having or claiming any interest in the Trust, whether such interest is vested or contingent, charitable or non-charitable. This list shall: A. State each party's relationship to the Settlor/Decedent and the nature of each party's interest(s); Nance and Address o~Ench Party in Interest I Relationship and Comments, ifanv I Interest Attorney General of The Parens Patrice Commonwealth of Pennsylvania 16th Floor, Strawberry Square Harrisburg, PA 17120 Carol Kudis Income Beneficiary $3,000 of the annual 2253 Arden Street annuity Dunn Loring, VA 22027 fo,~m oc-oz rev ~ai3.o6 Page 6 of 10 Name of Trust: Trust C U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 Name and Address o~Ench Parry in Interest ~ Relationship and Comments, ifany ~ /merest Brian Delancey 230 Lincoln Street Duncannon, PA 17020 Income Beneficiary I $2,000 of the annual annuity See Attached List for Additional Interested Parties B. Identify each party who is not sui juris (e.g., minors or incapacitated persons). For each such party, give date of birth, the name of each Guardian and how each Guardian was appointed. If no Guardian has been appointed, identify the next of kin of such party, giving the name, address and relationship of each; and None C. If distribution is to be made to the personal representative of a deceased party, state date of death, date and place of grant of Letters and type of Letters granted. N/A 16. If Petitioner(s) has/have knowledge that a Tnist share has been assigned or attached, provide a copy of the assignment or attachment, together with any relevant supporting documentation. 17. If a trustee's principal commission is claimed: A. If based on a written agreement, attach a copy thereof. Fo,~n~ oc-oz re,~ l0.l3.or Page 7 of 10 Name of Trust: Trust C U!W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 B. If a principal commission is claimed, state amount. None C. If a principal commission is claimed, state the amounts and dates of any principal commissions previously paid in prior accounting periods. Amount Date Paid 18. If a reserve is requested, state amotmt and purpose. Pw posy: N/A The Trustee will continue to hold, administer and distribute the remaining trust property in accordance with the terms of the Reformed Will. If a reserve is requested for counsel fees, has notice of the amount of fees to be paid from the reserve been given to the parties in interest? ........................................ ~ Yes ~No If so, attach a copy of the notice. 19. Is the Court being asked to direct the filing of a Schedule of Distribution? .......................... ~/ Yes ~No Form OG02 rei' 10.13.06 Page 8 Of I~ Name of Trust: Trust C U/W of Adele W. Fox; As Reformed By Court Order Dated 12/03/1999 ~~1lerefore, your Petitioner(s) ask(s) that distribution be awarded to the parties entitled and suggest(s) that the distributive shares of income and principal (residuary shares being stated in proportions, not amounts) are as follows: A. Income: Proposed Disu•ibutee(sJ Manufacriirers and Traders Trust Company; Trustee of Trust C U/W of Adele W. Fox, As Reformed by Court Order Dated 12/03/1999 B. Principal: Proposed Disu•ibutee(s) Manufacturers and Traders Trust Company, Trustee of Trust C U/W of Adele W. Fox, As Reformed by Court Order Dated 12/03/1999 Amount/Proportion 1.00% Amount/Proportion 100% Submitted By: (All petitioners must sign. Add additional lines if necessary): ~ ~ ~ ~ : ~. (?L. Name of Petitioner: Manufacturers and Traders Trust Company, Trustee of Trust C U/W of Adele W. Fox, As Name of Petitioner: Reformed By Court Order Dated December 3, 1999 Fo~~n~ oc-o~ rev i(i.~3.o6 Page 9 of 10 Name of Trust: Tnist C U/W of Adele W. Fox, As Reformed By Court Order Dated 12/03/1999 Verification of Petitioner (Verification must be by at least one petitioner.) Vice President The undersigned hereby verifies * [that ti~ishe is atr~ and True off; e of the above-named ,ta,ne of corpornrion Manufacturers and Traders Trust Co. and] that the facts set forth in the foregoing Petition for Adjudication /Statement of Proposed Distribution which are within the personal knowledge of the Petitioner are true, and as to facts based on the information of others, the Petitioner, after diligent inquiry, believes them to be tnie; and that any false statements herein are made subject to the penalties of 18 Pa. C.S. § 4904 (relating to unsworn falsification to authorities). 7 ~,` ~ ~ ~"~ ~ 7 .~ a Signathre of Petitioner * Co~7~ornte petitioners nu~st complete Gracketecl information. Certification of Counsel ~Sf~ WISE ~~ wr TRIfS'~ ,~~t~ ~ ,. The undersigned counsel hereby certifies that the foregoing Petition for Adjudication / Statement of Proposed Distribution is a true and accurate reproduction of the form Petition authorized by the Supreme Court, and that no changes to the fornl have been made beyond the responses herein. Signature f Counsel for titioner Fo,~n, oc-o2 rev ro.i3.o~ Page 10 of 10 Insert To Accompanying Petition To The First And Interim Account of Manufactures and Traders Trust Company, Trustee of Trust C U/W of Adele W. Fox, As Reformed By Court Order Dated December 3, 1999 Item 9 of Page 4 of the Petition: State concisely the diapositive provisions of the Trust: Pursuant to Item VI.B of the Reformed Will, Trust C is intended to be a charitable remainder annuity trust within the meaning of Section 8 of Rev. F'roc.90-32 and Section 664(d)(1) of the Internal Revenue Code of 1986, as in effect from time to time. The Trustee is directed to pay an annuity equal to 5% of the initial net fair market value of the trust property. This annuity is paid, at least, quarterly each taxable year to the following persons as described below: (1) Carol Kudis - $3,000 per year for lifetime; and, (2) Brian Delancey - $2,000 per year for lifetime. The Trustee is directed to pay the amounts described above from income, to the extent thereof, and, then, from principal. The balance of the annuity, if any, is divided and distributed among the following charitable organizations: (a) Eagle Foundation of Cumberland County Valley School District - $10,000 per year; (b) Susquenita School District for annual scholarship award - $5,000 per year; (c) National American Red C'.ross Disaster Relief Fund - $5,000 per year; and, (d) Franklin and Marshall College -the balance of the annuity amount, if any. To the extent the annuity amount is insufficient to satisfy the above stated dollar amounts to the respective charitable organizations, the Trustee is directed make up such deficiency (ies) in those years where the net income exceeds the annuity amount (after deducting the amount by which any annuity distributions in prior years exceeded the net income in those prior years to the extent not previously offset). The Trustee is directed to distribute the remaining net income, if any, to Franklin And Marshall College. Upon the death of the survivor of Carol Kudis and Brian Delancey, the Trustee is directed to hold the then remaining trust property in perpetuity and distribute the net income of the trust as follows: (1) Eagle Foundation of Cumberland County Valley School District - $10,000 per year; (2) Susquenita School District for annual scholarship award - $5,000 per year; (3) National American Red C",ross Disaster Relief Fund - $5,000 per year; and, (4) Franklin and Marshall College -the balance of the annuity amount, if any. Insert To Accompanying Petition To The First And Interim Account of Manufactures and Traders Trust Company, Trustee of Trust C U/W of Adele W. Fox, As Reformed By Court Order Dated December 3, 1999 Item 15 of Page 7 of the Petition: List all parties of whom Petitioner has notice or knowledge, having or claiming any interest in the Trust, whether such interest is vested or contingent, charitable or non-charitable. Continued: Name and Address of Each Party Relationship and Interest in Interest Comments, if any The Eagle Foundation Income Beneficiary $10,000 of the annual c/o Cumberland Valley School annuity District 6746 Carlisle Pike Mechanicsburg, PA 17055 Susquenita School District Income Beneficiary $5,000 of the annual 1725 Schoolhouse Road annuity Duncannon, PA 17020 National American Red Cross Income Beneficiary $5,000 of the annual Disaster Relief Fund annuity 2025 E. Str., N.W. Washington, D.C. 20006 Franklin & Marshall College Income Beneficiary Balance of annual P.O. Box 3003 annuity/net income Lancaster, PA 17604-3003 1N RS: IN TNT COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ESTATE OF NO. 21-96-~59 ORPHAhlS' COUP.T Ao~?.~ w. pox ORp~i~ Q~ CQIJRT ,yNrJ' NOW, D~ec~rnber 3,1999, after notice and hearing and attar cansiderat;on of the petition to reform will and testamentary trust erld responses tl~reio, ti is hereby ordered, judged and .deo,'Bed that the Will is retormeq to be consistent in al! respects with Exhibit C fo the >=XeCUtrtX's petition. Counsel for the estate is directed to Inform the lnterna4 Revenue Service of this order. 8 a , rge .Hoffer, P.J. .loseph D. Buck;ey, Esquire for the Estate Kendra McGuire, Esquire For FPM Co}lugs Heather Vance-Rittman, Esquire Atlomey Gerecat's <Jifice Jerry A Fhi)pott, Esquire For Cun:annon Cemetery Association A 1~4~ CXlPY FROM ~CCJf-lU !n 7a~f'r;icx~y ar~xscl, 1 lurvurS;o ae; rnY hand st1, p,:3 : ' C,: ~.,.~, ;;cc 3t ~:;ar~iaie, PA Gi. ` 1 n nrJ~ ~ ~~-.~,-~~-- GlorYc of itw v,-pr~r,c C;c~„i "p Cumt~s~rar~ Goun!•r LAST WILL AND TESTAMENT I, ADELE W. FOX, of Unit 57, 490 E. Trindle Road, County Meadows, Mechanicsburg, Pennsylvania 1705, do make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills and Codicils by me at any time made. Item I: I direct that all inheritance and estate taxes becoming due by reason of my death, whether such taxes may be payable by my estate or by any recipient of any property, shall be paid by the Executor out of the property passing under ITEM XII of this Will, as an expense and cost of administration of my estate. The Executor shall have no duty or obligation to obtain reimbursement for any such tax so paid, even though on proceeds of insurance or other property not passing under this Will. to I direct the Executor to pay the expenses of my last illness and funeral expenses from the property passing under this Will as an expense and cost of administration of my estate. I e To the extent not transferred to a co-owner by operation of law, I give and bequeath any jointly owned certificate of deposit or jointly owned bank account, to the co-owner thereof, so that upon my death the individual whose name is listed on the account becomes the sole owner of the entire account. to V: I give and bequeath as follows: A. To Lynn Zale, I give my Jamaican fish necklace and my wedding ring with all diamonds attached; B. To Pat Palmer, I give my amethyst ring, ivlobe pearl choker, and pinkie ring with $1.00 gold coin; C. To Kathryn George, of 6 Frost Avenue, Frostburg, Maryland, I jive my gold choker with four $1.00 gold coins; D. To Georgina bValaitis Hearn, of 22 ~6 S. 66th Street, Philadelphia, Pennsylvania, I give my iVlexican silver choker, pin]~ie diamond ring, and one strand pearl necklace; E. To Beatrice bY'right. I jig e my necklace with a 520.00 gold coin, and my 51000. allijator bag; F. To Joan Lacombe, of :~.iken, Georgia. I jil e my cut-glass vase and the three women figurines; G. To Ralph Sch~imack, I jive all of the balance of my household furniture and Furnishings, books, pictures, jewelry, weannj apparel, and other like tangible personal property to be jiven or distributed in any manner he deems appropriate. jtem Vy I give and bequeath the sum of ONE THOUSAND FIVE HUNDRED (51,00.00) DOLLARS to ST. GEORGE'S CE;ti1ETERY, Shenandoah, Pennsylvania, N TRUST NEVERTHELESS, ("Trust A") to be administered as herein provided for the following uses and purposes and under the following terms and conditions: The Trustee shall place the sum of ONE THOUSAND FIVE I3LTNDRED (51,500.00) DOLLARS as a separate fund and shall pay from the income from such separate fund approximately three-fourths of the net income thereof for flowers for the burial lots of my parents, WALAITIS in ST. GEORGE'S CEMETERY, Shenandoah, Pennsylvania, on Memorial Day of each year. The balance of the net income shall be used, if needed in addition to the 51,000.00 already paid during my lifetime, for further care and maintenance of such lots and the grave markers thereon as necessary. Item VI• A. I give and bequeath the sum of Two Hundred Ninety Nine Thousand Eight Hundred Sixty Dollars and No Cents (5299,860.00) to Dauphin Deposit Bank and Trust Company, Hamsburg, Pennsylvania, IN TRUST, ("Trust B") to be administered as herein provided. The Trustee shall pay 510,000.00 per year from the net income of Trust B to the L)uneannon Cemetery Association any remaining net income of Trust B is to be paid to Franklin and Marshall College. Item VI B. It being my intention to establish a charitable remainder annuity trust within t)ze meaning of section 8 of Rev. Proc. 90-32 and Section 664(4)(1) of the Internal Revenue Code of 1986, as amended (the "Code"), I give, devise and bequeath all the rest, residue and remainder of my estate, whether real, personal, or mixed, and wheresoever situate, to DAUPHIN DEPOSIT I::AN"K AND TRUST COMPAi~'Y, IN TRUST, ("Trust C") to be administered as herein provided for the following beneficiaries and under the terms and conditions set forth below: (a) In each taxable year of Trust C the Trustee shall pay an annuity amount equal to 5% of the initial net fair market value of the assets of Trust C as finally determined for federal tax purposes. The annuity amount shall be paid from income and, to the extent ghat income is not sufficient, from principal. The annuity amount shall be distributed to the following beneficiaries: 1. Three Thousand Dollars (S3,000.00) per year to Carol Kudis for her lifetime only. ?. Two Thousand Dollars (S?.000.00) per year to Brian Delancey for his lifetime only. (b) Any remaining annual annuity tntst amount after satisfaction the annual distributions abo~ e shall be paid to the following charitable beneficiaries: 1. Ten Thousand Dollars (510,000.00) per year paid to the EAGLE FOLTN~DATION of the Cumberland Valley School District and to be knotivn and designated as the "Adele Fox Award"; 2. Five Thousand Dollars (5,000.00} per year paid to the SUSQUENITA SCHOOL DISTRICT for annual scholarship award, to be known and designated as the "Adele Fox A~~ard", to be granted using whatever criteria and determinations, as the School District, in i1:s sole discretion, deems appropriate; 3. Five Thousand Dollars (55,000.00) per year paid to the NATIONAL P,MERICAN RED CROSS DISASTER RELIEF FUND; and 4. The balance of the annuity trust amount shall be paid to FRANKLIN AND MARSHALL COLLEGE, in memory of Richard N. Fox and Adele W. Fox. (c) Any net income of Trust C for any taxable year of Trust C in excess of the annuity trust amount (less the amount of any annuity distributions in prior years that exceeded the net income of the trust for such year. to the extent not previously offset) shall be distributed to the charitable beneficiaries set forth under subparagraph (b) of this Item VI.B. above to the extent the annuity amount was insufficient to satisfy the annual distributions and any such remaining net income for such taxable year shall be paid to FRANKLIN AND MARSHALL COLLEGE. (d) Any amounts paid under Item VI.B. shall be paid in quarterly or other convenient installments. (e) Notwithstanding any other provision of this Trust C, no payment shall be made to an organization under (b), (c), or (f) unless such organization is a "charitable organization" as described in Sections 170(c), 205~(a) and 2522(a) of the Code of 1986 at the time when any assets of Trust C are to be distributed to it. If any of the "charitable organizations", other than Franklin and Marshall College, is not an organization described in Sections 170(c), 20>j(a) and 2522(a) of the Code at the time when any principal or income of the Trust is to be distributed to it, then the Trustee shall distribute such principal or income to Franklin and Marshall College, provided that it is then an organization described in Sections 170(c), 20>j(a) and 2522(a) of the Code. If Franklin and Marshall College is not an organization described in Sections 170(c), 205~(a) and 2~22(a) of the Code at the time when any principal or income of the Trust is to be distributed to it, then the Trustee shall distribute such principal or income to such one or more or;;anizations described in Sections 170(c), 205~(a) and 2~22(a) of the Code as the Trustee shall select in its sole discretion, taking into consideration my charitable intentions as expressed in this will. No additional contributions shall be made to Trust C after the initial contribution. The initial contribution, however, shall consist of all property passing to Trust C by reason of my death. ((~ upon the death of the sure i~ or of Carol Kudis and Brian Delancey, the 7 rustee shall hold all of the then principal and income of the Trust C (other than any amount due either Carol I<udis or Brian Delancey or their estates under the provisions above) to be administered as follows. A11 of the net income of the Trust C shall be paid in the amounts set forth below in quarterly or other convenient installments in perpetuity to the following four (=1) beneficiaries: 1. Ten Thousand Dollars (SIO,000.OOl per year to the EAGLE FOL`?~DATION of the Cumberland Valley Schoo4 District and to be l:notivn as designated as the "Adele Fox ward": anti 2. Five Thousand Dollars (55,000.00) per year paid to the SUSQUENITA SCHOOL DISTRICT for annual scholarship award, to be known and designated as the "Adele Fox Award", to be granted using whatever criteria and determinations, as the School District, in its sole discretion, deems appropriate; 3. Five Thousand Dollars (5,000.00) per year paid to the NATIONAL AMERICAN RED CROSS DISASTER RELIEF FUND; and 4. The balance of all the annual net income shall be paid to FRANKLIN AND MARSHALL COLLEGE, in memory of Richard N. Fox and Adele W. Fox. (g) The taxable year of Trust C shall be the calendar year. (h) If the net fair market value of the assets of Trust C is incorrectly determined, then within a reasonable period after the value is finally determined for federal tax purposes, the Trustee of Trust C shall pay to the beneficiaries (in the case of an undervaluation) or receive fi-om the beneficiaries (in the case of an overvaluation) an amount equal to the difference between the annuity amount(s) properly payable and the annuity amount(s) actually paid. (i) The obligation to pay the annuity amount shall commence with the date of my death, but payment of the annuity amount may be deferred from such date until the end of the taxable year of Trust C in which occurs the complete funding of Trust C. Within a reasonable time after the end of the taxable year in which the complete funding of Trust C occurs, the Trustee of Trust C' must pay to the beneficiaries (in the case of an underpayment) or receive from the beneficiaries (in the case of an overpayment) the difference bettiveen: (lj any annuity amounts actually paid, plus interest, compounded annually, computed for any period at the rate of interest that the federal income tax regulations under Section 664 of t~i_e Code prescribe for Trust C for such computation for such period; and (2) the annuity amounts payable, plus interest, compounded annually, computed for any period at the rate of interest that the federal income tax regulations under Section 664 of the Code prescribe for Trust C for such computation for such period. (j) In determining the annuity amount, the Trustee of Trust C shall prorate the same on a daily basis for a short taxable year and for the taxable year ending with the death of the survivor of Carol Kudis and Brian Delancey. Item VII: In the settlement of my estate and during the continuance of the foregoing Trust A, Trust B and Trust C, (hereinafter referred to collectively as the "Trusts") the Executor and each Trustee of the respective Trusts (hereinafter collectively referred to as the "Trustees") shall possess, among others, the following powers: (a) To retain any investments I may have at my death, including specifically those consisting of stock of any banl: even if I have named such bank as the Executor or Trustees herein, so long as t11e Executor or Trustees may deem it advisable to m}~ estate to do so. (b) To vary investments. when deemed desirable by the F_xecutor or Trustees. and to invest in such bonds, stocks, notes, real estate mortgages or other securities or in such other property, real or personal, as they shall deem ,vise. without being restricted to so-called "legal investments", and without being limited by any statute or Wile of law regarding investments by tiduciaries. (c) In order to effect a diti ision of the principal of the Trusts or for any other purpose. including any final distribution of the Tntsts, the Executor or Trustees are authorized to make [N RE 'TRUST C U/W OF ADELE W. FOX, AS REFORMED .BY COURT ORDER DATED, :DECEMBER 3, 1999 IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 1998-00259 CERTIFICATE OF SERVICE I hereby certify that on the 23rd day of July, 2008, a true an correct copy of t;he foregoing document was served by either hand delivery or certified mail, postage prepaid, upon the following, and that the requirements of Rule 6.31(a) and ]yule 6.31(b) have been met: Manufacturers and Traders Trust Company c/o Keefer Wood Allen & Rahal, LLP 210 Walnut Street 1?.O. Box 11963 Harrisburg, PA 17108-1963 1?ranklin and Marshall College I.O. Box 3003 Lancaster, PA 17604-3003 Attn: Elizabeth Dunlap, Assoc. Tress. Brian Delancey x;30 Lincoln Street I)uncannon, PA 17020 >usquenita School District 1.725 Schoolhouse Road I)uncannon, PA 17020 Dated: July 23, 2008 Attorney General Of The Commonwealth of Pennsylvania 16th Floor Strawberry Square Harrisburg, PA 17120 Carol Kudis 2253 Arden Street Dunn Loring, VA 22027 Eagle Foundation of the c/o Cumberland Valley School District 6746 Carlisle Pike Mechanicsburg, PA 17055 National American Red Cross Disaster Relief Fund 2025 E. Str., N.W. Washington, D.C. 20006 Stepha Kleinfelter, E q. Keefer ood Allen & Rahal LLP Counsel for Petitioner COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNYSLVANIA ORPHANS' COURT DIVISION Docket No: 21-1998-0259 IN RE: FIRST AND INTERIM ACCOUNT OF MANUFACTURERS AND TRADERS TRUST COMPANY, TRUSTEE, SUCCESSOR TO DAUPHIN DEPOSIT BANK AND TRUST COMPANY, TRUSTEE FOR TRUST (C) UNDER THE WILL OF ADELE W. FOX AS REFORMED BY COURT ORDER DATED DECEMBER 2, 1999. AND PETITION FOR ADJUDICATION/STATEMENT OF PROPOSED DISTRIBUTION ORDER OF COURT AN NOW, this 26th day of August, 2008, the herein account is confirmed absolutely. BY THE COURT, w -~ ~~_ ,__ ; . v~_ '_ : , c c- ~: ` ~c c~ ~~_- J. }~/esley Oler, Jr., COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNYSLVANIA ORPHANS' COURT DIVISION Docket No: 21-1998-0259 IN RE: FIRST AND INTERIM ACCOUNT OF MANUFACTURERS AND TRADERS TRUST COMPANY, SUCCESSOR TO DAUPHIN DEPOSIT BANK AND TRUST COMPANY, TRUSTEE FOR THE ESTATE OF TRUST B UNDER THE WILL OF ADELE W. FOX, AS REFORMED BY COURT ORDER DATED DECEMBER 3, 1999 AND PETITION FOR ADJUDICATION/STATEMENT OF PROPOSED DISTRIBUTION ORDER OF COURT AN NOW, this 26th day of August, 2008, the herein account is confirmed absolutely and distribution is decreed in accordance with the proposed schedule of distribution herewith. __~ e~`. V r ~~ ;- -- c<: ~-~. ~~' BY THE COURT, KEEPER WOOD ALLEN &RAHAL, LLP CHAI4LES W RUBENDALL II ATTORNEYS AT LAW ESTABLISHED IN 1878 ROBI~RT L. WELDON 635 NORTH 12'" STREET, SUITE 400 - EUGE_NE E. PEPINSKY, JR. OF COUNSEL: JOHIV H. ENOSIII LEMOYNE, PA 17043 HEATH L. ALLEN GAR`f E. FRENCH N. DAVID RAHAL DONINA S. WELDON PHONE 717-612-5800 SAMUEL C. HARRY BRADFORD DORRANCE FAX 717-612-5805 - JEFF'REY S. STOKES HARRISBURG OFFICE: ROBERT R. CHURCH EIN No. 23-0716135 210 WALNUT STREET STEPHEN L. GROSE www.keeferwood.com HARRISBURG, PA 17101 R. SG:OTT SHEARER ELYS~E E. ROGERS PHONE 717-255-8000 CRAIG A. LONGYEAR _ JOHIJ A. FEICHTEL STEPHANIE KLEINFELTER DONALD M. LEWISIII 717-901-7786 ERIC R. AUGUSTINE skleinfelter@keefer d TODD F. TRUNTZ woo .com CAROL L. VERISH Fax: 717-612-5805 August 25, 2008 <..~ f, ..-- c `~ r..~ Glenda Farner Strasbaugh - C"' Register of Wills . Cumberland County Courthouse - ' -- One Courthouse Square .., ''; ~=•' Carlisle, PA 17013-3387 Re: Trust C Under the Last Will and Testament of Adele W. Fox, As Reformed By Court Order Dated December 3, 1999 ("Trust C") Trustee's First and Interim Account of the Trust stated from August 19, 2004 to May 31, 2008. _ File No. 21-98-259 Dear Glenda: I have enclosed for filing the "No Objection Letter" from the Office of Attorney General of the Commonwealth of Pennsylvania. Please submit the original as part of the above-referenced matter and date stamp and return the enclosed copies thereof for my records. I have enclosed aself-addressed stamped envelope for your convenience. Thank you in advance for your assistance w ith this matter. Sincerely, KEEPER WOOD ALLEN & RA ,LLP y ~ a B .~, ~ _ Stephan Kleinfelter SK/waw Enclosures cc: Ruth Ann McMillen, Assistant Vice President. & Trust Officer, M&T Investment Group (w/encl.) Robert R. Church, Esquire (w/o encl.) ~. yr~ COMMONWEALTH OF PENNSYLVANIA OFFICE OF ATTORNEY GENERAL T"OM CORBETT ATTORNEY GENERAL August 22, 2008 Charitable Trusts and Organizations Section 14th Floor, Strawberry Square Harrisburg, PA 17120 Telephone: (717) 705-1611 Facsimile: 71.7-787-1190 hvance r;tt,nan~attornevveneral.gov Stephanie Kleinfelter, Esquire KEEFER, WOOD, ALLEN & RAHAL, LLP 635 North 12th Street, Suite 400 Lemoyne, PA 17043 Re: Trust C Under the Last Will and Testament of Adele W. Fox, as reformed by court order dated December 3, 1999 ("Trust C"), No. 21-98-259 (Cumberland County). Dear Ms. Kleinfelter: This will acknowledge receipt of your notice pursuant to Supreme Court Orphans' Court Rule ~.~~ regarding the above-captioned matter. I have reviewed the First and Interim Account and have no objections. Please forward a copy of the Orphans' Court Order as soon as it is available so that I can complete my file. Please be advised that. the above review was conducted pursuant to the purens patriae role of the ofl-ice and has no bearing on any matter unrelated to that function. Thank you for your time and attention to this matter. Sincerely, ~~ 9 v--~ x'~ - Heather J. Vance-Rittman Deputy Attorney General a ~. ~;~ COMMONWEALTH OF PENNSYLVANIA OFFICE OF ATTORNEY GENERAL TOM CORBETT ATTORNEY GENERAL August 22, 200$ Stephanie Kleinfelter, Esquire KEEFER, WOOD, ALLEN & RAHAL, LLP 635 North 12t" Street, Suite 400 Lemoyne, PA 17043 Charitable Trusts and Organizations Section 14`" Floor, Strawberry Square Harrisburg, PA 17120 Telephone: (717) 705-1611 Facsimile: 717-78 7-1190 hvance_ritt~nan~attorneygeneral. goy- Re: Trust B Under the Last Will and Testament of Adele W. Fox, as reformed by court order dated December 3, 1999 ("Trust B"), No. 21-98-259 (Cumberland County). Dear Ms. Kleinfelter: This will acknowledge receipt of your notice pursuant to Supreme Court Orphans' Court Rule 5.5 regarding the above-captioned matter. I have reviewed the First and Interim Account and have no objections. Please forward a copy of the Orphans' Court Order as soon as it is available so that 1 can complete my file. Please be advised that the above review was conducted pursuant to the parens patriae role of t:he office and has no bearing on any matter unrelated to that function. Thank you for your time and attention to this matter. Sincerely, 1~-21r r~"'° Heather J. Vance-Rittman Deputy Attorney General CHARLES W RUBENDALLII ROBERT L. WELDON EUGENE E. PEPINSKY, JR. JOHN H. ENOSI72 GARY E. FRENCH DONNA S.WELDON BRADFORD DORRANGE JEFFREY S. STOKES ROBERT R, CHURCH STEPHEN L. GROSE R. SCOTT SHEARER ELYSE E. ROGERS CRAIG A. LONGYEAR JOHN A. FEICHTEL STEPHANIE KLEINFELTER DONALD M. LEWISIIC ERIC R. AUGUSTINE TODD F. TRUNT2 CAROL L. VERISM KEEPER WOOD ALLEN &RAHAL, LLP ATTORNEYS AT LAW 635 NORTH 12T" STREET, SUITE 400 LEMOYNE, PA 17043 PHONE 717-612-5800 FAX 717-612-5805 EIN NO. 23-0716135 www.keeferwood.com Glenda Farner Strasbaugh Register of Wills Cumberland County Courthouse One Courthouse Square Carlisle, PA 17013-3387 ESTABLISHED IN 1878 OF COUNSEL: HEATH L, ALLEN N. DAVID RAHAL SAMUEL C:. HARRY HARRISBURG OFFICE: 210 WALNUT STREET HARRISBURG, PA 17101 PHONE 717-255-8000 717-901-7786 skleinfelter@keeferwood.com Fax: 717-~~2~-5805 August 25, 2011$ ;1.-~ ,' .._ = ~^.~ _, cs` _~ Re: Trust B Under the Last Will and Testament of Adele W. Fox, As Reformed By Court Order Dated December 3, 1999 ("Trust B") Trustee's First and Interim Account of the Trust stated from August 19, 2004 to May 31, 2008 File No. 21-98-259 Dear Glenda: I have enclosed for filing the "No Objection Letter" from the Office of Attorney General of the Commonwealth of Pennsylvania. Please submit the original as part of the above-referenced matter and date stamp and return the enclosed copies thereof for my records. I have enclosed aself-addressed stamped envelope for your conve~iience. Thank you in advance for your assistance with this matter. Sincerely, KEEPER WOOD ALLEN &RAHAL, LLp ~ __ BY Z.u,~ .'L~,ri~ Steph nie Kleinfelt r SKlwaw Enclosures cc: Ruth Ann McMillen, Assistant Vice President & Trust Officer, M&T Investment Group (w/encl.) Robert R. Church, Esquire (wlo encl.}