HomeMy WebLinkAbout12-11-08DECEDENT'S ESTATE
COURT OF COMMON PLEAS OF ,.,,
CUMBERLAND COUNTY, PENNSYLVANIA ~ m
ORPHANS' COURT DIVISION ~ o '
_- ~.~ c
--
ESTATE OF JESSIE E. SMITH, DECEASED ~ ~-? - ~ ..
~,
__
-.,, -n -,
No. 21-07-100] J\~' ~
~~~
_._~
-.~ ,
PETITION FOR ADJUDICATION / '~ `~ '
rn
STATEMENT OF PROPOSED DISTRIBUTION
PURSUANT TO Pa. O.C. Rule 6.9
This form may be used in all cases involving the Audit of the Account of a Decedent s Estate. If
space is insufficient, riders may be attached. Attach the spouse's election, if any, the papers
required under items 8-19 inclusive, and any instrument pertinent to the adjudication.
INCL UDE ATTACHMENTS AT THE BACK OF THIS FORM.
Name of Counsel: Stanley A. Smith
Supreme Court I.D. No.: 33782
Address: 213 Market Street 12`h Floor Harrisbure PA 17101
Telephone:
Fax: 717
For,» oaoi ,e~ in_i3_ob Page 1 of 12
722?26.1
YJ
Estate of Jessie E. Smith, Deceased
Name(s) and address(es) of Petitioner(s):
Name: Manufacturers and Traders Trust Company, Successor to
Dauphin Deuosit Bank and Trust Company
Attention: Ruth Ann McMillen, Asst. Vice President
nnmess: 213 Market Street, 2°d Floor
HamsburQ, PA 17101
Identify any executors or administrators who have not joined in the Petition for
Adjudication and Statement of Proposed Distribution and Account and state reason:
Is this the first accounting by this fiduciary? ....................... ^O Yes ^No
If not, identify prior accountings, the accounting periods covered, and the date of
adjudication of the prior accounting.
Decedent died on September 26, 2007
^D Letters Testamentary or ^ Letters of Administration were granted to
Petitioners on November 13, 2007
Date of Will (hereinafter the "Will") (if applicable): November 9, 1990
Date(s) of Codicil(s) (hereinafter the "Codicil") (if applicable): March 19, 1991
and November 16, 1994
Date of probate (if different from date Letters granted:
Was a bond required? ^ Yes x^ No If yes, state amount:
Are proofs of advertising of the grant of Letters attached? ........ O Yes ^ No
Dates of advertising of the grant of Letters: The Patriot News on November 21 and
28, 2007 and December 5, 2007, and in the Cumberland Law Journal on
November 23 and 30, 2007 and December 7 2007
~o.,,, oc-oi ~E-,.. ~o-is oe Page 2 of 12
Estate of Jessie E. Smith, Deceased
3. Was decedent survived by a spouse? ...................... ^ Yes ~ No
If yes, name of the surviving spouse: Decedent's spouse, Hugh E. Smith
died on March 20, 2002, prior to Decedent's date of death
4. Has the surviving spouse filed to take an elective share? ....... ^ Yes ^O No
(See Section 2201 et s~ of the Probate, Estates and Fiduciaries Code)
If yes, date of election:
5. In the case of an intestacy, state the names of the decedent's surviving children
or surviving issue of deceased children (if none, so state):
N/A
6. Did decedent marry after execution of Will or Codicil(s)? ...... O Yes ^D No
Were any children born to decedent after execution of
Will or Codicil(s)? ................................... ^ Yes ^D No
If yes, give names and dates of birth:
Name:
Date of Birth:
7. If required by the Medical Assistance Estate Recovery Act,
62 P.S. § 1412, was a request for a statement of claim sent to
the Department of Public Welfare? ...................... D Yes ^ No
By letter dated November 20, 2007, the Department determined that the
Decedent did not receive any type of assistance from the Department of Public
Welfare.
fo.,,~ oc-oi ~~e~- io-i3-ob Page 3 of 12
Estate of Jessie E. Smith, Deceased
8.
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 9 below, all unpaid
creditors and all claimants listed in item 10 below. In addition, notice of any
questions requiring Adjudication as discussed in item 14 below 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 a Petitioner or counsel certifying
that such notice has been given.
C. If any person entitled to Notice 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 Attomey General as required under Pa. O.C. Rule 5.5. [n
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.
List all parties (charitable and non-charitable) of whom Petitioner(s) has/have
notice or knowledge, having or claiming any interest in the estate as beneficiaries
under the Will or Codicil(s) or as intestate heirs if there is a complete or partial
intestacy:
A. State each party's relationship to the decedent and the nature of each party's
interest(s):
Name and Address o Ench Part in /merest Re[a(ianship gttd Comments, iany /nteres!
Richard M. Smith Brother-in-law Bequest of tangible
1070 Barry Lane personal property; 75%
Cincinnati, OH 45229-1747 ofresidue
Robert Cover Nephew Specific bequest of
605 E. Martin Street $1,000.00
Jacksonville, Arkansas 72076
norm oc-ot re.•. to.ij-oe Page 4 of 12
Estate of Jessie E. Smith, Deceased
Nnrne and dddress o(Eneh Vnrp~in M(eres! ~ Relrt(i°nship and Commen ts, ifnny ~ /nlere~l
Hugh Cover Nephew Specific bequest of
202 Bridge Street, Floor #2 $1,000.00
New Cumberland, PA 17070
Richard E. Smith Nephew Specific bequest of
315 Golden Gate $1,000.00
Pt. Richmond, CA 94801-
3813
Geoffrey A. Smith Nephew Specific bequest of
5445 Miami Road $5,000.00
Cincinnati, OH 45243
Mrs. Raymond C. Equi, Jr. Niece Specific bequest of
2696 Bemnger Station Lane $5,000.00
Knoxville, TN 37932
Mrs. Timothy P. Dinsmore Niece Specific bequest of
107 Lawrence Street $5,000.00
Pepperell, MA 01463
Salem United None Bequest of 3% of
Church of Christ residue
231 Chestnut Street
Harrisburg, PA 17101
Shriners Hospital None Bequest of 3% of
2900 Rocky Point Drive residue
Tampa, FL 33607
United Church of None Bequest of 3% of
Christ Home residue
Division of Development
30 N. 31s` Street
Camp Hill, PA 17011
United Way of the None Bequest of 3% of
Capital Region residue
2235 Millennium Way
Enola, PA 17025
roan oaoi ,~~,, ro-is_ob Page 5 of 12
Estate of Jessie E. Smith, Deceased
American Red Cross None Bequest of 3% of
Capital Region residue
Elizabeth Daniel, Esquire
HOLLAND c~ KNIGHT
1201 West Peachtree St., N.E.
One Atlantic Center
Suite 2000
Atlanta, GA 30309
Bethesda Mission None Bequest of 3% of
Director of Development residue
2101 N. Front Street
Building 1, Suite 301
Hamsburg, PA 17110
Shippensburg University None Bequest of 3% of
Foundation residue
Director of Development
1871 Old Main Drive
Shippensburg, PA 17257
Gettysburg College None Bequest of 4% of
Director of Planned Giving residue
300 N. Washington Street
Campus Box 423
Gettysburg, PA 17325-1485
Office of the Attorney General None Parens Patrei
Charitable Trusts and
Organizations Section
14~ Floor, Strawbetty Square
Hattisburg PA 17120
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.
None
~-°~„~ oc-oi ~~P~~- io i3 oa Page 6 of 12
Estate of Jessie E. Smith, Deceased
C. 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).
All parties in interest are sui juris.
D. 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
10. Other than the claim for the family exemption, list the names of all known
claimants and the amount of their claims and state whether each claim is admitted.
None
Nrtme and Address of Fnch C[rtimrtn! Amount afClnim C/nirn Will C[rtim
Admitted? Be Prtid [n
Fuff?
^ ^ Yes ~ ^ Yes
None ^ ^ No ~ ^ No
^^ Yes ^^ Yes
^^ No ^^ No
^^ Yes ^^ Yes
^^ No fJ^ No
^^ Yes ^^ Yes
^^No ^^No
If the estate is insolvent, attach a schedule setting forth the order of preference under
20 Pa.CS. § 3392 and the proposed payments.
N/A
Frt,vn oc-ol rev_ lo.le-oe Page 7 of 12
Estate of Jessie E. Smith, Deceased
11. Was family exemption claimed? ............................ ^ Yes ^D No
Was family exemption allowed? ............................ ^ Yes ^ No
Family exemption claimant's name and relationship:
Norse:
Reln(ianship:
12. The amount of Pennsylvania Transfer Inheritance Tax and additional Pennsylvania
Estate Tax paid, the date(s) of payment(s), and the interest(s) upon which paid, are
as follows:
Dale Pnymen! 7n(eres(
5/22/08 $21,739. ] 7
13. On the date of death, was the decedent a fiduciary
(personal representative, trustee, guardian, agent under power
of attorney) or surety on the bond of a fiduciary? ............... ^ Yes ^D No
[f yes, provide the name of the estate, indicate whether an account has been
filed and confirmed absolutely and all awards performed, or, in the
alternative, how the decedent's estate will be discharged for the decedent's
fiduciary administration of the estate.
14. A. Describe in detail any questions requiring adjudication and state the
position of the Petitioner(s) as to each question:
None. For the information of the Court, Decedent's brother, Carl F. Hatter,
and his wife, Ethel Hatter, died before the decedent so the bequest under
ITEM V(a) lapsed. Also, John Cover, nephew of the decedent died
prior to Decedent so the bequest under ITEM V(b) lapsed.
B. Has notice of the question requiring adjudication been given
to the parties identified in Paragraph 9 above? .......... ^ Yes ^ No
Fo.,,, oc-oi re. io ~j.oe Page 8 of 12
Estate of Jessie E. Smith, Deceased
15. If Petitioner(s) has/have knowledge that a share has been assigned, renounced,
disclaimed or attached, provide a copy of the assignment, renunciation,
disclaimer or attachment, together with any relevant supporting documentation.
16. Had the decedent been adjudicated an incapacitated person? ...... ^ Yes ^D No
If yes, attach a copy of the Order if available; otherwise state the Court,
term, number, date, and name of Hearing Judge.
17. A. List or attach a separate list of additional receipts and disbursements
since the closing date of the Account.
B. Has notice of the additional receipts and disbursements been
given to the parties identified in Paragraph 9 above? ...... ^ Yes ^ No
18. If a reserve is requested, state amount and purpose.
Amount:
b) 10,901.36
vn,yos~: a) Rhoads & Sinop LLP -Attorney fees and expenses
b) Manufacturers and Traders Trust Company -Executor fees and
c) Cumberland Countv Register of Wills -filing fees
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? ................................. x^ Yes ^ No
Notice given by enclosed copy of account and petition.
Form oc-ot .e~. io. r3-oe Page 9 of 12
Estate of Jessie E. Smith, Deceased
19. [s the Court being asked to direct
the filing of a Schedule of Distribution? ...................... ^ Yes O No
As to real estate only? .................................... ^ Yes ^ No
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 follows:
A. Income:
Proposed Uistributee(s) AmaunUPropor(ion
Salem United Church of Christ $21.00
Shriners Hospital for Crippled Children $21.00
United Church of Christ Home $21.00
United Way of the Capital Region $21.00
American Red Cross of the Susquehanna
$21.00
Bethesda Mission $21.00
Shippensburg University Foundation $21.00
Gettysburg College $28.00
Richard M. Smith $524.96
B. Principal:
Proposed Distributee(sJ Amount/Proportion
Salem United Church of Christ $5,197.71
Shriners Hospital for Crippled Children $5,197.71
United Church of Christ Home $5,197.71
United Way of the Ca itp al Region $5,197.71
Pbrm oc-oi re~_ io.is.ob Page 10 of 12
Estate of Jessie E. Smith, Deceased
American Red Cross of the Susquehanna
$5,197.71
Bethesda Mission $5,197.71
Shippensburg University Foundation $5,197.71
Gettysbure College $6,930.30
Richard M. Smith 400 shares of New
View Corporation
$520.00; Cash in the
amount of 129,422.86
Submitted By:
Manufacturers and Traders Trust Company,
Executor
By:
Ruth Ann McMillen, Asst. Vic President
Fo,moc-oi.~~ io.~3.06 Page 1I of 12
Estate of Jessie E. Smith, Deceased
Verification of Petitioner
(Verification must be by at least one petitioner.)
The undersigned hereby verifies that she is the Assistant Vice President of the
above-named Manufacturers and Traders Trust Company 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 true; that the grant of
letters and the first complete advertisement thereof occurred more than four months
before the filing of the account; and that any false statements herein are made subject to
the penalties of 18 Pa. C.S. § 4904 (relating to unsworn falsification to authorities).
Sig ature of Petitioner
ASST. ~ . ~,. ~ . _ h'u5a i
& TRUST OffICR
CertiScation of Counsel
The undersigned counsel hereby certifies t the foregoing Petition for
Adjudication / Statement of Proposed Distribut' n is a true and accurate reproduction of
the form Petition authorized by the Supre,. ours, and hat no changes to the form have
been made beyond the responses herei~r.'~ ~~ ~
of
Forn~ OC-0/ ree_ 10-13-06 Page 12 Of 12
PROOF OF PUBLICATION OF NOTICE
IN CUMBERLAND LAW JOURNAL
(Under Act No. 587, approved May 16, 1929), P. L.1784
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
ss.
Lisa Marie Coyne, Esquire, Editor of the Cumberland Law Joumal, of the County and
State aforesaid, being duly sworn, according to law, deposes and says that the Cumberland Law
Journal, a legal periodical published in the Borough of Cazlisle in the County and State aforesaid,
was established January 2, 1952, and designated by the local courts as the official legal
periodical for the publication of all legal notices, and has, since January 2, 1952, been regularly
issued weekly in the said County, and that the printed notice or publication attached hereto is
exactly the same as was printed in the regular editions and issues of the said Cumberland Law
Journal on the following dates,
November 23 November 30. and December 7 2007
Affiant further deposes that he is authorized to verify this statement by the Cumberland
Law Journal, a legal periodical of general circulation, and that he is not interested in the subject
matter of the aforesaid notice or advertisement, and that all allegations in the foregoing
statements as to time, place and chazacter of publication aze true.
a Marie Coyn ,Editor
SWORN TO AND SUBSCRIBED before me this
Smith, Japie E., decd.
Late of the Borough of Cazlisle.
Executor: Manufacturers and
Traders Trust Company, Attn.:
Ruth Ann McMillen, 213 Market
Street, Harrisburg, PA 17101.
Attorneys: Stanley A. Smith, Es-
quire, Rhoads & Sinon LLP, One
South Market Square, P.O. Box
1146, Harrisburg, PA 17108.
7 day of December. 2007
D `
Notary
NOTARIAL SEAL
DEBORAH q COLLINS
Nofary Public
CARLISLE BORO, CUMBERLgND COUNTY
My Commisslon Expires Apr 28, 2010
Th P N C ~ ~
e atrlot- ews o. •
812 Market St.
Harrisburg, PA 17101
Inquiries - 717-255-8292
RHOADS & SINON, LLP
ATTN:JUDIKRAPE
ONE S. MARKET SQUARE
P.O. BOX 1146
HARRISBURG
cue ~latriot~~ews
Now you know
PA 17108
THE PATRIOT NEWS
THE SUNDAY PATRIOT NEWS
Proof of Publication
Under Act No. 587, Approved May 16, 1929
Commonwealth of Pennsylvania, County of Dauphin} ss
Shannon D. Billhime, being duly sworn according to law, deposes and says:
That she is a Staff Accountant of The Patriot News Co., a corporation organized and existing under the laws of the
Commonwealth of Pennsylvania, with its principal office and place of business at 812 to 818 Market Street, in the City of
Harrisburg, County of Dauphin, State of Pennsylvania, owner and publisher of The Patriot-News and The Sunday Patriot-News
newspapers of general circulation, printed and published at 812 to 818 Market Street, in the City, County and State aforesaid; that
The Patriot-News and The Sunday Patriot-News were established March 4th, 1854, and September 18th, 1949, respectively, and
all have been continuously published ever since;
That the printed notice or publication which is securely attached hereto is exactly as printed and published in their regular
daily and/or Sunday/ Metro editions which appeared on the date(s) indicated below. That neither she nor said Company is
interested in the subject matter of said printed notice or advertising, and that all of the allegations of this statement as to the time,
place and character of publication are true; and
That she has personal knowledge of the facts aforesaid and is duly authorized and empowered to verify this statement on
behalf of The Patriot-News Co. aforesaid by virtue and pursuant to a resolution unanimously passed and adopted severally by the
stockholders and board of directors of the said Company and subsequently duly recorded in the office for the Recording of Deeds
in and for said County of Dauphin in Miscellaneous Book "M", Volume 14, Page 317.
PUBLICATION COPY This ad # 0001778844 ran on the dates shown below:
November 21, 2007
November 28, 2007
December 05, 2007
Sworn to and S ~cribed before me this 05 day of December, 2007 A. D.
l;'
Notary Public
COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
James L gaik, Noiary Public
Ctty OF Harrisburg, Dauphin County
MY Canmisabn E~Ires June 2, 2008
Member, Pennsylvania Assoclatlon of Notaries
IN RE: IN THE COURT OF COMMON PLEAS
ESTATE OF JESSIE E. SMITH, :CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
NO.21-07-1001
CERTIFICATION OF NOTICE
I, Stanley A. Smith, Esquire, attorney for the above-captioned estate, do hereby
certify that on .~~~ I I , 2008, I caused notice of the filing of the First and Final Account
of Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust
Company, Executor of the Estate of Jessie E. Smith, to be served on all parties in interest
identified in the Petition for Distribution, by certified mail, return receipt requested, and that the
requirements of Cumberland County Orphans' Court Rules 6.3.1.(a) and 6.3.1.(b) have been met.
A copy of the Notice is attached hereto.
RH
Date: ~___~_, 2008 By
One South Market Square
PO Box 1146
Harrisburg, PA 171 08-1 1 46
(717) 233-5731
IN RE: IN THE COURT OF COMMON PLEAS
ESTATE OF JESSIE E. SMITH, :CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
NO.21-07-1001
ORDER
AND NOW, this day of
2009, proper notice
having been given of the filing of the First and Final Account of Manufacturers and Traders Trust
Company, Successor to Dauphin Deposit Bank and Trust Company, Executor of the Estate of
Jessie E. Smith, and of the call thereof For audit and no objections having been filed, the
Account, including all prior distributions reported therein, is hereby confirmed and distribution
of the remaining assets is awazded as set forth in the Proposed Distribution attached to said
Account. This is a nisi order which shall become absolute as of course unless written exceptions
are filed within ten (10) days after the date of the filing hereof.
Judge
In the Orphans' Court Division
Certified from the record
as Absolute
Clerk of the Orphans' Court Division
"123390.7
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA.
ORPHANS' COURT DIVISION
NO. 21-07-1001
a~l~
n
ESTATE OF JESSIE E. SMITH, DECEASED ~^ O
17
?; r-
FIRST AND FINAL ACCOUNT OF ~"~~
MANUFACTURERS AND TRADERS TRUST COMPANY _ -
~'i
Date of Death:
Date of Executor's Appointment:
Date of First Complete Advertisement:
The Patriot News:
Cumberland Law Journal:
September 26, 2Q(~7
November 13, 2007
November 21, 28 and
December 5, 2007
November 23, 30 and
December 7, 2007
Accounting for the period: September 26, 2007 to
October 2, 2008
PwJ
!~
i7
O
!T7
C )
Tl
~:
cn
Purpose of Account: The Executor offers this Account to acquaint interested
parties with the transactions that have occurred during the Administration.
It is important that the Account be carefully Examined. Requests for
additional information, questions or objections can be discussed with:
Ruth Ann McMillen
Manufacturers and Traders Trust Company
213 Market Street
Harrisburg, PA 17101
(717) 255-2109
or
Stanley A. Smith, Esquire
Rhoads & Sinon, LLP
One South Market Square,
Harrisburg, PA 17108
(717) 233-5731
- 1 -
i ~~
fr '.'i
~"
SUMMARY OF ACCOUNT
PRINCIPAL
PAGES
Receipts
Net Loss on Sales or Disposition
Less Disbursements:
Funeral Expenses
Debts of Decedent
Federal State & Local Taxes
Administration - Misc. Exp.
Balance before Distributions
Distributions to Beneficiaries
Principal Balance on Hand
For Information:
Changes in Holdings
INCOME
Receipts
Less Disbursements
Balance before Distributions
Distributions to Beneficiaries
Income Balance on Hand
COMBINED BALANCE ON HAND
Proposed Principal Distributions
Proposed Income Distributions
Verificat ion
3-5 $ 255,191. 39
6-7 -2,511. 96
$ 252,629. 93
8 S 13,319. 00
8 930. 30
8 21,992. 95
8-9 21,315. 05 -57,007. 30
$ 195,622. 13
10 -22,365. 00
11 S 173,257. 13
12-19
15-16 $ 6,396. 61
17 -277. 08
$ 6,119. 53
18-19 -5,919. 57
20 $ 699. 96
$ 173,957.09
21-22
23-29
25
- 2 -
PRINCIPAL RECEIPTS
Assets Listed in Inventory
(Valued as of Date of Death)
Bonds
$39.12 GNMA Pool #25697 8.5% due 7/15/08
- Date of Death Value - Received from
Hugh & Jessie Smith Trust
Stocks-Closely Held
900 Shs. New View Corporation
Common Stocks
200 Shs. Du Pont E I De Nemours & Co. -
Date of Death Value - Received from Hugh
& Jessie Smith Trust
600 Shs. Washington Real Estate Invt
(REST) - Date of Death Value - Received
from Hugh & Jessie Smith Trust
Accrued Dividend
Life Insurance Policies
Northwester^ Mutual Life Insurance
Policy #5129079
Northwestern Mutual Life Insurance
Policy #2960552
Personal Effects
Household Effects - Appraised Value
Mutual Funds
1,641.939 Shs. MTB Large Cap Value-Inst
I Fund #327 - Date of Death Value -
Received from Hugh & Jessie Smith Trust
Accrued Dividend
11,054.059 Shs. MTB US Government Bond
Inst I Fund #822 - Date of Death Value -
Received from Hugh & Jessie Smith Trust
FORWARD
$ 39.12
520.00
9,991. 00
19,887. 00
253. 50
21,933. 53
12,271. 43
365. 00
22,193.01
50.88
102,360.59
$ 189,765.06
- 3 -
PRINCIPAL RECEIPTS (cont'd)
FORWARD $ 189,765.06
Mutual Funds (cont'd)
933.839 Shs. STI Classic SEIX Floating
Rate-I - Date of Death Value - Received
from Hugh & Jessie Smith Trust 9,002 .16
1,579.64 Shs. Vanguard Value Index Fund
#6 - Date of Death Value - Received from
Hugh & Jessie Smith Trust 93,885 .22
$ 292,652 .49
M&T Bank Checking Account #10091575 -
Date of Death Value 2,191 .92
Received from Embarq - Refund 11 .91
Received from Hugh & Jessie Smith Trust
- Principal Balance as of Date of Death 6,588 .88
Received from Hugh & Jessie Smith Trust
- Income Balance as of Date of Death 616 .91
Received from Pharmerica Corporation -
Refund 982. 90
Received from United Christ Homes -
Refund 1,120. 73
State Employees' Retirement System -
Annuity 159. 86
$ 254,329.55
SUBSEQUENT RECEIPTS
CASH:
11/30/07 Received from Hugh & Jessie Smith Trust
- Remaining Principal Cash $ 29.90
09/08/08 Received from Pharmerica Corporation
Additional Refund 282.69
FORWARD $ 307.59 $ 259,329.55
q _
PRINCIPAL RECEIPTS (cont'd)
FORWARD
SUESEOUENT RECEIPTS (cont'd)
CASH: (cont'd)
09/29/08 Received from Treasury Dept - Unclaimed
Property
06/26/08 2007 Federal Individual Income Tax
Refund
07/02/08 Received from Treasury Dept - 2007
Economic Stimulus Payment
TOTAL PRINCIPAL RECEIPTS
$ 307.59 $ 254,324.55
86.25
123.00
300.00 816.84
$ 255,141.39
----------------
------------------
- 5 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS
GAIN LOSS
12/03/07 933.839 Shs. STI Classic SEIX Floating
Rate-I
Net Proceeds 8,880.76
Acquisition Value 9,002.16
12/04/07 1,691.939 Shs. MTB Large Cap Value-Inst
I Fund #327
Net Proceeds 21,179.56
Acquisition Value 22,143.01
12/09/07 1,574.69 Shs. Vanguard Value Index Fund
#6
Net Proceeds 91,539.00
Acquisition Value 93,885.22
12/09/07 11,059.059 Shs. MTB US Government Bond
Inst I Fund #822
Net Proceeds 109,903.02
Acquisition Value 102,360.59 $
12/05/07 200 Shs. Du Pont E I De Nemours & Co.
Net Proceeds 9,133.88
Acquisition Value 9.991.00
12/05/07 600 Shs. Washington Real Estate Invt
(REST)
Net Proceeds 19,075.70
Acquisition Value 19,887.00
12/17/07 $6.82 GNMA Pool #25697 8.So due 7/15/08
- Paid Down
Net Proceeds 6.82
Acquisition Value 6.82
01/15/08 $6.88 GNMA Pool #25697 8.5% due 7/15/08
- Paid Down
Net Proceeds 6.88
Acquisition Value 6.88
02/07/08 Northwestern Mutual Life Insurance
Policy #2960552
Net Proceeds 12,271.43
Acquisition Value 12,271.93
FORWARD $
$ 121.40
968.45
2,396.22
2,592.93
807.12
811.30
2,542.93 $ 5,059.99
- 6 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'dI
FORWARD
02/07/08 Northwestern Mutual Life Insurance
Policy #5129079
Net Proceeds 21,933.53
Acquisition Value 21,933.53
02/15/08 $6.93 GNMA Pool #25697 8.5% due 7/15/08
- Paid Down
Net Proceeds 6.93
Acquisition Value 6.93
03/17/08 $6.98 GNMA Pool #25697 8.5°s due 7/15/08
- Paid Down
Net Proceeds 6.98
Acquisition Value ____ 6.98
09/15/08 56.86 GNMA Pool #25697 B.So due 7/15/08
- Paid Down
Net Proceeds 6.86
Acquisition Value 6.86
05/15/08 $9.75 GNMA Pool #25697 8.5% due 7/15/08
- Paid Down
Net Proceeds 9.75
Acquisition Value 9.65
TOTALS
NET LOSS TRANSFERRED TO SONNARY
GAIN LOSS
$ 2,592.43 $ 5,059.99
10
S 2,592.53 $ 5,054.99
$ 2,511.96
-------------
---------------
- 7 -
DISBURSEMENTS OF PRINCIPAL
FUNERAL EXPENSES
Myers-Harney Funeral Home. Inc.
12/05/07 Funeral Expense
DEBTS OF DECEDENT
Embarg
12/05/07 Telephone Expense
Millenium Phvc Svs, Inc
12/05/07 Medical Expense
Pennsylvania State Employees' Retirement
System
12/28/07 Reimbursement of Prorated September
Annuity
Souder Tax Service
12/05/07 2006 Tax Preparation Fee
FEDERAL STATE & LOCAL TAXES
Cumberland County Register of Wills
05/22/08 Pennsylvania Inheritance Tax Payment
Pennsylvania Dept of Revenue
05/13/08 2007 Individual Income Tax - Balance Due $ 195.00
07/25/08 2007 Individual Income Tax - Additional
Balance Due 8.76
ADMINISTRATION - MISC. EXPENSES
Cumberland County Register of Wills
05/30/08 Filing Fees for Inventory and PA
Inheritance Tax $ 30.00
06/09/08 Probate Costs 50.00
George Haar. Auctioneer
12/10/07 Appraisal Fee - Personal Property
FORWARD
$ 13,319.00 $ 13,319.00
51.23
40.58
243.99
95.00 930.30
21,739.19
203.76 21,992.95
80.00
50.00
$ 130.00 S 35,692.25
- 8 -
DISBURSEMENTS OF PRINCIPAL (cont'd)
FORWARD $ 130.00 $
ADMINISTRATION - MISC. EXPENSES (cont'd)
The Patriot News Co.
O1/OB/OB Cost of Advertising and Proof of
Publication 181.50
Rhoads & Sino r.
01/11/08 Reimbursement for Cost of Advertising
and Proof of Publication in Cumberland
Law Journal $ 75.00
01/11/08 Reimbursement for Probate Fees paid to
Cumberland County Register of Wills 369.00 449.00
Thomson Fast Tax - Individual Income Tax
Preparation Fee
06/24/08 For 2007 900.00
RESERVES:
Rhoads & Sinon, LLP - Attorney Fee
Manufacturers and Traders Trust Co. -
Executor Fee
Cumberland County Register of Wills -
Filing Fee
Rhoads & Sinon, LLP - Out of Pocket
Expenses
TOTAL DISBURSEMENTS OF PRINCIPAL
$ s,7so.oo
10,901.36
300.00
208.19 20,159.55
35,692.25
21,315.05
57,007.30
- 9 -
DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
Richard M. Smith
02/13/08 Household Effects - Dist ribu ted i n Kind $ 365 .00
Hugh Cover
02/15/08 Specific Bequest as per Item V(b) of the
Will ].,000 .00
Robert Cover
02/28/08 Specific Bequest as per Item V(b) of the
Will 1.,000 .00
Geoffrey A. Smith
05/09/08 Specific Bequest as per Item V(c) of the
Will _~, 000. 00
Mrs. Timothy Dinsmore
02/28/08 Specific Bequest as per Item V(c) of the
Will °~, 000. 00
Mrs. Raymond C. Egui, Jr.
02/15/08 Specific Bequest as per Item V(c) of the
Will 5,000.00
Richard E. Smith
02/28/08 Specific Bequest as per Item V(c) of the
Will
TOTAL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
5,000.00
S 22,365.00
---------------
---------------
- 10 -
PRINCIPAL BALANCE ON HAND
Stocks-Closely Held
400 Shs. New View Corporation
CASH (AUTOMATICALLY INVESTED)
TOTAL PRINCIPAL BALANCE ON HAND
FIDUCIARY
VALUE AT ACQUISITION
10/02/2008 VALUE
$ 520. 00 $ 520. 00
$ 520. 00 $ 520. 00
172,737. 13 172,737. 13
S 173,257. 13 $ 173,257. 13
THE ABOVE CASH IS CORRENTLY INVESTED IN
MTB Money Market-Inst I Fund #920
- 11 -
CHANGES IN PRINCIPAL HOLDINGS
ACCOUNT
VALUE
Household Effects
0 Inventoried $ 365.00
02/13/08 0 Distributed in Kind -365.00
0 $ 0.00
Du Pont E I De Nemours & Co.
200 Shs . Inventoried $ 9,991 .00
12/05/07 200 Shs . Sold -9.941 .00
0 Shs
--------------------
--------------------- .
-
- $ 0 .00
GNMA Pool #25697 8.
5% due 7/15/08 ------ --------- ---
$39.12 Inventoried $ 39 .12
12/17/07 S6.82 Paid Down -6 .82
$32.30 $ 32 .30
O1/15/OB 56.88 Paid Down -6 .88
$25.92 $ 25 .92
02/15/08 56.93 Paid Down -6 .93
$18.99 $ 18 .49
03/17/08 56.98 Paid Down _6 .98
511.51 5 11 .51
09/15/08 $6.86 Paid Down -6 .86
$9.65 $ 4. 65
05/13/08 50.10 Par Value Adjustment 0. 00
$9.75 $ 9. 65
05/15/08 $9.75 Paid Down -9. 65
$0.00 $ 0. 00
- 12 -
CHANGES IN PRINCIPAL HOLDINGS (cont'dl
MTB Larae Cap Value-Inst I Fund #327
1,691.939 Shs. Inventoried
12/04/07 1,691.439 Shs. Sold
0.0 Shs.
MTB US Government Bond Inst I Fund #822
11,059.059 Shs. Inventoried
12/04/07 11,059.059 Shs. Sold
0.0 Shs.
New View Corporation
900 Shs. Inventoried
Northwestern Mutual Life Insurance
Pol i.cv #5129074
0 Inventoried
02/07/08 Received Proceeds
0
ACCOUNT
VALUE
S 22,193.01
-22,193.01
$ 0.00
$ 102,360.59
-102,360.59
$ 0.00
$ 520.00
S 21,933.53
-21,933.53
S 0.00
- 13 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
Northwestern Mutual Life Insurance
Policv #2960552
0 Inventoried
02/07/08 Received Proceeds
0
STI Classic SEIX Floating Rate-I
933.834 Shs. Inventoried
12/03/07 933.839 Shs. Sold
0.0 Shs.
--------------------
---------------------
Vanguard Value Index Fund #6
1,579.69 Shs. Inventoried
12/09/07 1,579.64 Shs Sold
0.00 Shs.
Washington Real Estate Invt (REST)
600 Shs. Inventoried
12/05/07 600 Shs. Sold
0 Shs.
ACCOUNT
VALUE
$ 12,271.93
-12,271.93
S 0.00
S 9,002.16
-9.002.16
$ 0.00
$ 93,885.22
-43,885.22
S 0.00
$ 19,887.00
-19,887 00
5 0.00
- 14 -
RECEIPTS OF INCOME
Received from Huah & Jessie Smith Trust
11/30/07 Remaining Income Cash - $806.69 less MTB
Large Cap Accrued Dividend ($50.88) and
Washington Real Estate Inv Accrued
Dividend ($253.50) $ 502.31
12/13/07 Final Income Cash 296.91
12/20/07 Dividend on E I Du Pont Denemours - __ 82.00 $ 880.72
GNNA Pool #25697 8.5% due 7/15/08
12/17/07 Interest $39. 12 $ p. 2g
01/15/08 Interest $32. 30 0. 23
02/15/08 Interest $32. 30 0. 18
03/17/08 Interest $25. 37 0. 13
04/15/08 Interest $18. 39 0. 08
05/1.5/08 Interest $11. 63 _.. 0. 03 .93
MTB Monev Market-Inst I-Fund #920
12/03/07 Interest $ 3 .08
01/02/08 Interest 702 .39
02/01/08 Interest. 732 .76
03/03/08 Interest 655 .82
09/01/08 Interest 538 .79
05/01/08 Interest 996 .59
06/02/08 Interest 395 .17
07/01/08 Interest 3gg ,9q
08/01/08 Interest 364 .88
09/02/08 Interest 365 .62
10/O1/OB Interest 356 .28 9,910.22
MTB OS Government Bond Inst I Fund #822
12/03/07 Dividend 11,059.059 Shs. $ 24.39
01/02/08 Dividend 11,095.059 Shs. 35.33 59.67
Northwestern Mutual Life Insurance
Policv #5129079
02/07/08 Interest 229 49
Northwestern Mutual Life Insurance
Policv #2960552
02/07/08 Interest 125.57
FORWARD
$ 6,201.55
- 15 -
RECEIPTS OF INCOME (cont'd)
FORWARD
Northwestern Mutual Access Fund
#80200611058959
02/07/08 Interest for Jan & Feb, 2008 $ 167.39
03/05/08 Interest 29,19
STI Classic SEIX Floating Rate-I
12/03/07 Dividend 933.834 Shs.
TOTAL RECEIPTS OF INCOME
S 6,201.55
191.98
3.58
$ 6,396.61
---------------
---------------
- 16 -
DISBURSEMENTS OF INCOME
Manufacturers and Traders Trust Comoanv
12/06/07 Commission
01/07/08 Commission
02/06/08 Commission
03/06/08 Commissio^
09/07/08 Commission
05/06/08 Commission
06/06/08 Commission
07/07/08 Commission
08/06/08 Commission
09/08/08 Commissio^
TOTAL DISBURSEMENTS OF INCOME
S
1.85
99.28
93.98
39.36
32.39
26.79
23.7].
20.94
21.89
$ 277.08
$ 277.08
-------------
- 17 -
DISTRIBUTIONS OF INCOME TO BENEFICIARIES
Shriners Hospital for
Crippled Children -
3% Share of Residue as
per Item V(d)2 of the Will
08/25/08 Distribution
United Church of Christ Home -
3% Share of Residue as
per Item V(d)3 of the Will
08/25/08 Distribution
United Wav of the Capital Region -
3o Share of Residue as per
Item V(d)9 of the Will
08/25/08 Distribution
American Red Cross of the
Susquehanna Valley - 3% Share
of Residue as per Item V(d15
of the Will
08/25/08 Distribution
Bethesda Mission -
3% Share of Residue as
per Item V(d)6 of the Will
08/25/08 Distribution
Shippensburg University Foundation -
3% Share of Residue as per
Item V(d)7 of the Will
08/25/08 Distribution
Gettysburg College -
9% Share of Residue as
per Item V(d)8 of the Wi11
08/25/08 Distribution
FORWARD
$ 162.59
162.59
162.59
162.58
162.58
162.58
216.79
S 1,192.30
- 18 -
DISTRIBUTIONS OF INCOME TO BENEFICIARIES (cont'd)
FORWARD
Richard M. Smith -
75% Share of Residue as
per Item V(d)9 of the Will
08/25/08 Distributio^
Salem United Church of Christ -
3% Share of Residue as per
Item I(1) of the Codicil
to the Will
08/25/08 Distribution
TOTAL DISTRIBUTIONS OF INCOME TO BENEFICIARIES
$ 1,192.30
4,069.68
162.59
$ 5,919.57
- 19 -
INCOME BALANCE ON HAND
FIDOCIARY
VALOE AT ACQOIS]:TION
10/02/2008 VALUE
CASH (AUTOMATICALLY INVESTED)
$ 699.96 $
699.96
TOTAL INCOME BALANCE ON HAND
$ 699.96 $
----------------- -
------------------ -
THE ABOVE CASH IS CORRENTLY INVESTED IN
MTB Money Market-Inst I Fund #420
699.96
- 20 -
PROPOSED PRINCIPAL DISTRIBUTION SCHEDULE
Market Value Fiduciary
as of Acquisition
10/02/2008 Value
Shriners Hospital for
Crippled Children -
3% Share of Residue as
per Item V(d)2 of the Will
MTB Money Market-Inst I-Fund #920 -
Principal Cash
$ 5,197.71 $ 5,].97.71
$ 5,197.71 $ 5,197.71
United Church of Christ Home -
3% Share of Residue as
per Item V(d)3 of the Will
MTB Money Market-Inst I-Fund #920 -
Principal Cash
$ 5,197.71 $ 5,197.71
5,197.71 5,197.71
United Wav of the Capital Region -
3% Share of Residue as per
Item V(d)9 of the Will
MTB Money Market-Inst I-Fund #420 -
Principal Cash
$ 5,197.71 $ 5,197.71
5,197.71 5,197.71
American Red Cross of the
Susquehanna Vallev - 3% Share
of Residue as per Item V(d)5
of the will
MTB Money Market-Inst I-Fund #920 -
Principal Cash
$ 5,197.71 ~ 5,197,71
5,197.71 5,197.71
Bethesda Mission -
3°o Share of Residue as
per Item V(d)6 of the Will
MTB Money Market-Inst I-Fund #920 -
Princi.pal Cash
$ 5.197.71 $ 5,197.71
5,197.71 5,197.71
- 21 -
PROPOSED PRINCIPAL DISTRIBUTION SCHEDULE (cont'd)
Shippensburq University Foundation -
3o Share of Residue as per
Item V(d)7 of the Will
MTB Money Market-Inst I-Fund #920 -
Principal Cash
$ 5,197.71 S 5.197.71
5,197.71 5,197.71
Gettvsburg College -
9% Share of Residue as
per Item V(d)8 of the Will
MTB Money Market-Inst I-Fund #920 -
Principal Cash
~ 6,930.30 $ 6,930.30
6, 930.30 6, 930.30
Richard M. Smith -
75$ Share of Residue as
per Item V(d)9 of the Will
900 Shs. New View Corporation
MTB Money Market-Inst I-Fund #420 -
Principal Cash
$ 520.00 $ 520.00
129,922.86 129,422.86
129,992.86 129,942.86
Salem United Church of Christ -
3o Share of Residue as per
Item I(1) of the Codicil
to the Will
MTB Money Market-Inst I-Fund #420 -
Principal. Cash
$ 5,197.71 $ 5,197.71
S 5,197.71 $ 5,197.71
TOTAL
S 173,257.13 S 173,257.13
- 22 -
PROPOSED INCOME DISTRIBUTION SCHEDULE
Market Value Fiduciary
as of Acquisition
10/02/2008 Value
Shriners Hospital for
Crippled Children -
3°s Share of Residue as
per Item V(d)2 of the Will
MTB Money Market-Inst I-Fund #920 -
Income Cash
$ 21.00 $ 21.00
S 21.00 $ 21.00
United Church of Christ Home -
3% Share of Residue as
per Item V(d)3 of the Will
MTB Money Market-Inst I-Fund #920 -
Income Cash
$ 21.00 $ 21.00
21.00 21.00
United Wav of the Capital Region -
3% Share of Residue as per
Item V(d)9 of the Will
MTB Money Market-Inst I-Fund #420 -
Income Cash
S 21.00 $ 21.00
21.00 21.00
American Red Cross of the
Susquehanna Vallev - 3o Share
of Residue as per Item V(d)5
of the Will
MTB Money Market-Inst I-Fund #920 -
Income Cash
$ 21.00 $ 21.00
21.00 21.00
Bethesda Mission -
3% Share of Residue as
per Item V(d)6 of the Will
MTB Money Market-Inst I-Fund #420 -
Income Cash
21.00 $ 21.00
21.00 21.00
- 23 -
PROPOSED INCOME DISTRIBUTION SCHEDULE (cont'd)
Shippensburg University Foundation -
3% Share of Residue as per
Item V(d)7 of the Will
MTB Money Market-Inst I-Fund #920 -
Income Cash
$ 21.00 $ 21.00
21.00 21.00
Gettysburg College -
9% Share of Residue as
per Item V(d)8 of the Will
MTB Money Market-Inst I-Fund #920 -
Income Cash
S 28.00 S 28.00
28.00 28.00
Richard M. Smith -
75% Share of Residue as
per Item V(d)9 of the will
MTB Money Market-Inst I-Fund #920 -
Income Cash
S 524.96 $ 524.96
529.96 524.96
Salem United Church of Christ -
3% Share of Residue as per
Item I(11 of the Codicil
to the Will
MTB Money Market-Inst I-Fund #920 -
Income Cash
S 21.00 $ 21.00
$ 21.00 $ 21.00
TOTAL
$ 699.96 $ 699.96
______ _________ ________________
- 29 -
MANUFACTURERS AND TRADERS TRUST COMPANY, Executor of the Will of JES:SIE
E. SMITH, Deceased, hereby declares under oath that i.t has fully and
faithfully discharged the duties of its office; that the foregoing First
nd Final Account is true and correct and fully discloses all significant
transactions occurring during the accounting period; that all known claims
against the Estate have been paid in full; that, to its knowledge, there
are no claims outstanding against the Estate; that all taxes presently due
from the Estate have been paid; and that the grant of Letters Testamentary
and the first complete advertisement thereof occured more than four months
before the filing of the foregoing First and Final Account.
This statement is made subject to penalties of 18 Pa. C.S.A. Section
9904 relating to unsworn falsif ication to authorities.
Ma u cturers and Traders Tr st Company
Dated: ~0
Subscribed and sworn to by
befor/e/me this/u^ day
of Lk~,af'e ~iL. 2008.
~~'L1~ ~l~/'GGJ~F~i3 Z.
Notary Public
COMMONWEALTH OF PENNSYLVANIA
NotaAal Seel
Dome Nt LagrMtet Nofa~y PWAc
CnY ~ N. ~Y
My CanrNeebn E~kea Oct 27.2011
Momwr, PannaylwMa Asaoclatbn of NouAes
A55T.
& TRUS7 OFfICGR
- 25 -