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HomeMy WebLinkAbout10-12-06 (2)1. ,. 1 _, D i _, ~ r. ~~ - i .. , ~. / `~In Res - ~ IN THE, COURT OF COMMON PLEAS ~ r ',~ ~,, ~ ~ ' - CUMBERLAND COUNTY, PENNSYLVANIA ~ 'ESTATE OF HOWARD , G GALE ~ ~ .~ ORPHAN'S COURT DIVISION s ' _ N0. 1999-629 ~ ~ . '. ; r ~ ., ,. ' .9TIPULATION~RfiGARDING THfi APPOINTMENT OF A 9VCCfi990R -, ~ TAU9TEfi WITH Rfi9P6CT TO MAINTAINING A BTATU9 QUO „ ' Thie Stipulation is entered into by Petitioners by and , "~ i ' i through theirattorney, Law Offices Stephen C. Nude1,.PC and by I ,~ ~ { .. Reapohdent, Julie F. Gale, ~b}• and through her attorney David H. ,. I Radcliff. ~Petitionera file the following Stipulation in the'' ' above captioned, matter:, i 1. On April 29, 2006, Petitioners filed a "Petition for .. i .. ~ Appointment of SuccessorTrusteein accordance with 20 Pa. ~~. ~, ' Consolidated Statute 57101." (Petition for Appointment). ' <, ~I ~ 2., On May, 4, 2006, a Rule to Show Cause was issued by the ~~ I .Honorable Judge Oler,,~with a Response due twenty days after Che~ s} issuance of the Rule. . On May22, ,2006, a Response to the ' ~s`. Petition for Appointment was filed by Julie F. Gale. , ' ;' ' i H { t S I o. a Petition to File anAmende~ 3. On July '7, 2006, n~~ .r ~ . ~ " . Response was filed by Julie F. Gale. The,Petition to Fi~ Dn ro ,~~~,~ ~ n>.:. ~ ~ ., i AmendedReaponse was granted by Court~Order. ~~ ~ -o ~: ~ !,j ( ~ ,,9 N 7[) i „ --1 = m `:i ' ~ i . ' Il ' I ' ~ 1Y i'. . it y ° L~ i __ ~ , ~ ~ ~ ~ ,.. ' , ~ i ~ j ~. . ~ t . i ~ ~. .. ~ 9. On August 3,~~2006, an Amended Response to the Petition , I 1 II for Appointment was filed by Julie F. Gale. ' ~ ~.~ I -5. Oy Order of Court dated July. 19, 2006, upon } ;~ , ) ~ consideraEion of aletter betweem Stephen C.Nudel,and-David H. , ~ •. ~ ~'~ Radcliff, the hearing in the matteroriginally scheduled for July 20, 2006, was rescheduled to Oct /olber 12, 2006. ~r ~ ~ ~ef ete r.o~01' Or.o ~[ar W~QfS e)~v NlfG ~l~ .,i . 6., The parties hereby stipulate that/,~.~'- -u--`••~.~^^ Court Order the following shall occur:' ;" , Reapondent,.Julie F. Gale, in her individual capacity; ~ . .capacity as President. of Country Club Park Development Company,.Ine., and/or her capacity as President oC _ - ~ Howard C. Gale Development Company, Inc.,ahall in no . . ` . ,way asaign,.transferorconvey the Properties ., , c ' ~ identified~in Attachment.A'("Properties"), or any part. ' i of the Properties, which will include, but not be . i'. s~ ' limited to, selling, mortgaging, and/or leasing, other. d. , ,than residential leases for terms not morehhan one Y"i ' , ~ ~ `: .' ~' year with the Landlord having the ability co,terminate - I ., ' ' a Lease~at theend ofeach one year period prior', to _ ~,f` the Lease being renewed. 'i ,. 7. Petitioners or their designee shall. have the right to ~. i purchase 520Colony Road, Hampden Township and/or 7 Fargreen Road, East Penneboro•TOwnship under the terms and conditions ' _. acceptable to Julie F. Gale. Petitioners or their. designee ' shall have seventy-five (75)daya from the date of thin stipulation to. enter intoterma and,conditiona acceptable to Julie F. Gale, otherwise,ghose properties shall be transferred to trust. e. Within sixty (60) days fromthe datehereof, Julie F. Gale shall deposit into Trust the net proceeds from the sale of ,the properties identified on Attachment B. 9. The parties agree thata trust willbe established within forty-five {95),days from the date hereof., The Truet'ee will be a third party acceptableto Petitioners and Julie F. Gale. In the event the Petitioners and~JUlie F. Gale cannot agree on the Trustee within thirty (30) daysfrom'the date of .Upon ,•t+~id' this Stip~~u~,,//lation the Court shall appoint aTruetee. The Court 'shall name.the~Truatee from.a list submitte1d by Petitioners or $sld ~utlcl `a ~~ from a 1l ia~ submitted by ~JUlie F. Gale °'--" ---- -- -+- -•-e`L~~,~/'QJ~] - ~~ rto [.Sl ~~ ~e Ca..~~~. /'fr~n - The decision of the Court I` shall occur without further hearing. 10. Thepartiea agree that the entry into this Stipulation, is without prejudice to any aspect of Petitioners' or ~ ~ ' Respondent's legal position on any matter. The parties agree that entry into the stipulation will not result in~the waiver of the parties' individual abilities to pursue additional recourse ~'r .and defenses with the Court related to any matter. Both parties', reserve the bighC to present all unsettled disputes knownor ',~~ ~ .. "~ ~later discovered to Chia Court £or di~osition. y i ~/~ ~/mss ~ , ' - ~ ephen C. Nu el, Esquire .. ~- ~ AttorneyID 891703 ' ~;: ~ ~ Andrew T. Kravitz Attorney ID gB0142 - 219 Pine Street ~ ,' , - Harrisburg, PA.17101 ~ ,~, ,+ ,. ~ (717) 236-5000 Attorney for Petitioners, ~ Michael J. Gale, Howard 0. Gale, ,III,' ' ~ ~ ~ Ellen Michele Gale, Milisea G.Gale ,, ~ ~ '. • ~ avi H. Radcllff,.Es re ' - Attorney I.D. No. 2 3 - - 20 Erford Road, Suite 200 Lemoyne, PA 17043 ' ' ~ (717) 236-9310 , Attorney for Respondent; ~. Julie'F. Gale. (iPp~,av°c~ ~d vyodG xn c~~ J ' 12~~ d~•~ '~7 Oa~'I~rJ,~ Zeo6 ' (~• r. w~ ~~ a1~,1~., T. l I , '~ ., ~ ~ , ~ ` ~ _ ~C ~`_; . ~ .. ~ ~ .~ ~~ ATTACHMENT A ... ' . ~~ ~ ,.. 1. 530-Fairway.Drive, Eaet Penneboro Township, 09-20-1050-267 ~~ 2.- 6 Fargreen Road, Eaet Penneboro Township, 09-20-1850-110 ~ ~ 3. 49 Circle Drive, EaOt Pennaboro Township, 09-20-1050-195 r ~. ~ 4. 22 Country Club Place, ~Eaet Penneboro Townahip; 09-20-1850- - 4 A 133 ' ~ 5: SSCircle Drive, Eaet Penneboro Townahip, 09-20-1050-198 ' .. ~ ~ 1 .. ~ ~,~'~ , , I, J 1 ' I ... ~ ~ 1 ~.i U i - ~1 L a .. ~ ' ~ ~ i ~ 1 . ~ ' ~ Iti "~::~ i i a t a ~~ F,~; , . .. , - T v, `I i.,I ~ ~ . . . , ', _ ' I ~ ~ .. ~ ', ~.: i i 1 ~. r i