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Home My WebLink About75-0376IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA. ORPHANS' COURT DIVISION ii FIRST ACCOUNT OF FIRST UNION NATIONAL BANK (FORMERLY CORESTATES BANK, N.A.) AND SONDRA OSLER, TRUSTEES UNDER IRREVOCABLE AGREEMENT DATED MARCH 08, 1973 OF WILLIAM H. OSLER, RESIDUARY_TRUST FOR THE BENEFIT OF S~ONIS~ZP, OSLER Tax ID Number: Date of First Receipt of Funds: Accounting for the period: 23-6703307 10/21/80 10/21/80 to 05/31/02 Purpose of Account: The Trustees offer this Account to acquaint interested parties with the transactions that have occurred during the Administration. It is important that the Account be carefully examined. Requests for additional information, questions or objections can be discussed with: Counsel: Stanley A. Smith, Esquire Rhoads & Sin~~on, LLP 1 South Market Square P.O. Box 1146 Harrisburg, PA 17108 (717) 233-5731 1519138423 - 1 - SUMMARY OF ACCOUNT TOTAL GROSS ESTATE PRINCIPAL Receipts Net Gain on Sales or Disposition Less Disbursements: Administration - Misc. Exp. Federal State and Local Taxes Fiduciary Fees Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand For Information: Investments Made Changes in Holdings INCOME Balance before Distributions Income Balance on Hand COMBINED BALANCE ON HAND $ 1,095,518.76 ---------------- ---------------- PAGES 3-4 $ 1,095,518.76 5-14 506,342.05 $ 1,601,860.81 15 $ 24,390.84 15-17 99,229.64 17-24 71,086.36 -194,706.84 $ 1,407,153.97 25 -30,000.00 26-29 $ 1,377,153.97 30-35 36-68 69 00 00 $ 1,377,153.97 ---------------- ---------------- Affidavit 70 1519138423 - 2 - PRINCIPAL RECEIPTS Prior Award- Awarded per Adjudication dated June 17, 1980, of Shughart, P.J. sur First Pennsylvania Bank, N. A. and Sondra Stark Osler, Trustees under A Revocable Primary Life Insurance Agreement of William H. Osler, Settlor Composed of: Bonds $145,000 Allegheny Co Pa 1969 5.750 due 07/01/82 $145,000 Carlisle Area School District Pa 1977 5.55°s due 03/15/92 $150,000 Manheim Twp. School Auth. Pa 1978 6.20a due 12/01/94 $75,000 Northampton Co. Pa 1976 5.50% due 06/01/87 $40,000 Northeastern Susquehanna School Auth. 1976 5.85% due 11/15/84 $35,000 Northeastern Susquehanna School Auth. 5.85% due 11/15/84 $150,000 Penna. Commonwealth, 1975, 6.100 due 02/15/83 $150,000 Penna. Commonwealth, 1976 6% due 07/15/88 $145,000 Penna. Housing Financial Agency, 1980 5.750 due 07/01/83 FORWARD $ 145,305.95 124,682.60 130,650.00 72,262.50 40,322.00 35,261.45 150,550.50 141,232.50 145,000.00 $ 985,267.50 1519138423 - 3 - PRINCIPAL RECEIPTS (cont'd) FORWARD Bonds ( cont ' d ) $71,000 US Treasury Note "A" 8% due 02j15/83 $40,000 US Treasury Note, 9.25% due 11/30/80 $ 985,267.50 67,893.75 39,974.80 $ 1,093,136.05 Cash 1,629.24 $ 1,094,765.29 SUBSEQUENT RECEIPTS Transferred from Income 09/22/83 06/14/84 01/09/95 Short Term Capital Gains Distribution on Corefund Fiduciary Tax Free Reserve 11/26/99 Short Term Capital Gains Distribution on Evergreen PA Municipal Bond Fund, Class Y 11/26/99 Long Term Capital Gains Distribution on Evergreen PA Municipal Bond Fund, Class Y TOTAL PRINCIPAL RECEIPTS $ 265.00 88.00 353.00 3.71 170.04 226.72 $ 1,095,518.76 --------------- --------------- 1519138423 - 4 PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS 12/01/80 $40,000 US Treasury Note, 9.25% due 11/30/80 Net Proceeds 40,000.00 Acquisition Value 39,974.80 07/01/82 $145,000 Allegheny Co Pa 1969 5.75% due 07/O1j82 Net Proceeds 145,000.00 Acquisition Value 145,305.95 07/28/82 $150,000 Penna. Commonwealth, 1975, 6.100 due 02/15/83 Net Proceeds 150,000.00 Acquisition Value 150,550.50 07/28/82 $145,000 Penna. Housing Financial Agency, 1980 5.75% due 07/01/83 Net Proceeds 145,000.00 Acquisition Value 145,000.00 02j15j83 $71,000 US Treasury Note "A" 8% due 02/15/83 Net Proceeds 71,000.00 Acquisition Value 67,893.75 05/15/84 $40,000 Northeastern Susquehanna School Auth. 1976 5.85% due 11/15/84 Net Proceeds 40,000.00 Acquisition Value 40,322.00 11/15/84 $35,000 Northeastern Susquehanna School Auth. 5.85a due 11/15/84 Net Proceeds 35,000.00 Acquisition Value 35,261.45 GAIN LOSS $ 25.20 FORWARD $ 3,106.25 305.95 550.50 322.00 261 .45 3,131.45 $ 1,439.90 1519138423 - 5 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN FORWARD 06/01/87 $75,000 Penna St. Higher Edl Facs Auth 6.75% due 06/01/87 Net Proceeds 75,000.00 Acquisition Value 75,000.00 06/01/87 $75,000 Northampton Co. Pa 1976 5.50% due 06/01/87 Net Proceeds 75,000.00 Acquisition Value 72,262.50 09/01/87 $150,000 Federal Farm Cr Banks Consol Systemwide 10.125% due 09/01/87 Net Proceeds 150,000.00 Acquisition Value 150,000.00 06/30/88 $40,000 Washington County Ind. Dev. Auth. 9.25% due 11/01/92 Net Proceeds 40,800.00 Acquisition Value 40,000.00 07/15/88 $150,000 Penna. Commonwealth, 1976 6% due 07/15/88 Net Proceeds 150,000.00 Acquisition Value 141,232.50 06/22/89 $50,000 Penna Commonwealth 1971 5.50% due 07/01/90 Net Proceeds 49,002.50 Acquisition Value 34,812.50 07/02/90 $200,000 Penna Commonwealth 1971 5.50% due 07/01/90 Net Proceeds 200,000.00 Acquisition Value 139,250.00 $ 3,131.45 $ 2,737.50 800.00 8,767.50 14,190.00 60,750.00 LOSS 1,439.90 FORWARD $ 90,376.45 $ 1,439.90 1519138423 - 6 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN LOSS FORWARD 03/16/92 $145,000 Carlisle Area School District Pa 1977 5.55% due 03/15/92 Net Proceeds 145,000.00 Acquisition Value 124,682.60 03/16/92 200 Shs. International Business Machines Corporation, Common Net Proceeds 17,754.41 Acquisition Value 22,498.50 03/23/92 300 Shs. Glatfelter P H Co. Common Net Proceeds 16,619.44 Acquisition Value 10,387.50 03/23/92 35 Shs. ESCO Electronics Corporation, Common Net Proceeds 232.74 Acquisition Value 168.44 12/01/92 $145,000 Penna Commonwealth 1983 8.25% due 12/01/92 Net Proceeds 145,000.00 Acquisition Value 145,000.00 06/01/94 $35,000 Allegheny County PA San 8.7% due 6/1/94 Net Proceeds 35,000.00 Acquisition Value 34,912.50 08/02/94 400 Shs. Thomas & Betts Corp. Common Net Proceeds 24,609.17 Acquisition Value 23,740.00 $ 90,376.45 $ 1,439.90 20,317.40 4,744.09 6,231.94 64.30 87.50 869.17 FORWARD $ 117,946.76 $ 6,183.99 1519138423 - 7 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN LOSS FORWARD 08/03/94 220 Shs. Indresco Industries, Inc., Common Net Proceeds 2,480.41 Acquisition Value 1,715.36 12/01/94 $150,000 Manheim Twp. School Auth. Pa 1978 6.20% due 12/01/94 Net Proceeds 150,000.00 Acquisition Value 130,650.00 08/01/95 500 Shs. WMX Technologies, Inc., Common Net Proceeds 15,324.48 Acquisition Value 21,175.00 08/01/95 400 Shs. Dayton Hudson Corporation, Common Net Proceeds 30,458.98 Acquisition Value 25,240.00 08/01/95 1,100 Shs. Dresser Industries, Inc., Common Net Proceeds 25,051.66 Acquisition Value 20,119.64 04/14/96 Cash received in exchange for SmithKline Beecham PLC ADR Equity Net Proceeds 675.30 Acquisition Value 0.00 04/15/96 $75,000 Pennsylvania State Series A 6.5% due 4/15/96 Net Proceeds 75,000.00 Acquisition Value 73,269.00 $ 117,946.76 $ 6,183.99 765.05 19,350.00 5,850.52 5,218.98 4,932.02 675.30 1,731.00 FORWARD $ 150,619.11 $ 12,034.51 1519138423 - 8 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN FORWARD $ 150,619.11 $ 08/16/96 100 Shs. Compaq Computers Corporation, Common Net Proceeds 5,664.81 Acquisition Value 4,697.50 967.31 08/16/96 50 Shs. Imation Corporation, Common Net Proceeds 1,107.46 Acquisition Value 731.20 376.26 06/02/97 $75,000 University of Pitts PA Series A 7.8% due 6/1/99 Net Proceeds 76,500.00 Acquisition Value 75,000.00 1,500.00 07/30/97 372 Shs. Kimberly Clark Corporation, Common Net Proceeds 18,608.67 Acquisition Value 5,034.52 13,574.15 07/30/97 200 Shs. General Electric Company, Common Net Proceeds 14,442.01 Acquisition Value _ 3,886.25 10,555.76 10/01/97 $150,000 Pennsylvania State Second Series A 7.6o due 10/01/00 Net Proceeds 152,250.00 Acquisition Value 150,000.00 2,250.00 12/05/97 0.5 Shs. Travelers Group, Inc., Common Net Proceeds 25.50 Acquisition Value 18.65 6.85 FORWARD $ 179,849.44 $ LOSS 12,034.51 12,034.51 1519138423 - g - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN FORWARD 04j01/98 $55,000 Northwest Area S/D PA 6.10 due 4/1/09 Net Proceeds 55,000.00 Acquisition Value 55,000.00 10/15/98 $90,000 Carlisle PA SUBN Authority 6.1250 due 12/15/13 Net Proceeds 90,000.00 Acquisition Value 89,100.00 11/16/98 700 Shs. Emerson Electric Company, Common Net Proceeds 44,816.00 Acquisition Value 11,340.66 11/16/98 600 Shs. American Home Products Corporation, Common Net Proceeds 29,076.52 Acquisition Value 11,396.25 11/16/98 500 Shs. Automatic Data Processing, Inc., Common Net Proceeds 41,198.62 Acquisition Value 11,212.50 11/16/98 500 Shs. Kimberly Clark Corporation, Common Net Proceeds 24,542.93 Acquisition Value 6,776.83 01/06/99 0.667 Shs. BP Amoco PLC Sponsored ADR Net Proceeds 60.42 Acquisition Value 20.48 $ 179,849.44 $ 900.00 33,475.34 17,680.27 29,986.12 17,766.10 39.94 FORWARD $ 279,697.21 $ LOSS 12,034.51 12,034.51 1519138423 - 10 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) FORWARD 03/10/99 300 Shs. Boeing Company, Common Net Proceeds 10,132.16 Acquisition Value 6,727.50 03/10/99 350 Shs. Emerson Electric Company, Common Net Proceeds 20,767.43 Acquisition Value 5,670.32 03/10/99 550 Shs. Bristol-Myers Squibb Company, Common Net Proceeds 34,421.98 Acquisition Value 6,346.27 03/10/99 100 Shs. General Electric Company, Common Net Proceeds 10,558.39 Acquisition Value 1,943.13 03/10/99 350 Shs. SmithKline Beecham PLC ADR Ord A Net Proceeds 25,382.90 Acquisition Value 5,958.75 03/10/99 250 Shs. BP Amoco PLC Sponsored ADR Net Proceeds 23,224.22 Acquisition Value 7,676.63 03/10/99 300 Shs. Federal National Mortgage Association, Common Net Proceeds 21,850.52 Acquisition Value 7,001.25 03/26/99 0.64 Shs. Newell Rubbermaid Inc., Common Net Proceeds 31.42 Acquisition Value 10.20 GAIN $ 279,697.21 $ 3,404.66 15,097.11 28,075.71 8,615.26 19,424.15 15,547.59 14,849.27 21.22 LOSS 12,034.51 FORWARD $ 384,732.18 $ 12,034.51 1519138423 - 11 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) FORWARD 04/22/99 Chubb Corporation, Common Rights Sold Net Proceeds 1.75 Acquisition Value 0.00 06/07/99 0.5 Shs. Citigroup, Inc., Common Net Proceeds 21.39 Acquisition Value 12.43 10/01/99 $29,000 Pennsylvania Housing Series 43 7.4% due 10/1/14 Net Proceeds 29,000.00 Acquisition Value 29,000.00 12/10/99 27,397.260274 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y Net Proceeds 300,000.00 Acquisition Value 319,010.93 12/14/99 18,315.018315 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y Net Proceeds 200,000.00 Acquisition Value 213,258.22 12/15/99 $71,000 Pennsylvania Housing Series 43 7.4o due 10/1/14 Net Proceeds 71,000.00 Acquisition Value 71,000.00 12/21/99 11,003.2506 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y Net Proceeds 119,275.23 Acquisition Value 128,120.73 GAIN LOSS $ 384,732.18 $ 12,034.51 1.75 8.96 19,010.93 13,258.22 8,845.50 FORWARD $ 384,742.89 $ 53,149.16 1519138423 - 12 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN FORWARD 08/31/00 0.333 Shs. Citigroup, Inc., Common Net Proceeds 19.31 Acquisition Value 6.21 01/03/01 0.3 Shs. Glaxo SmithKline Sponsored PLC ADR Net Proceeds 16.78 Acquisition Value 4.49 01/08/01 700 Shs. Boeing Company, Common Net Proceeds 41,417.61 Acquisition Value 15,697.50 01/08/01 350 Shs. Emerson Electric Company, Common Net Proceeds 25,783.63 Acquisition Value 5,670.33 01/08/01 300 Shs. Disney Walt Company, Common Net Proceeds 9,144.44 Acquisition Value 8,066.25 01/08/01 200 Shs. Hershey Foods Corporation, Common Net Proceeds 11,533.61 Acquisition Value 10,832.50 01/08/01 600 Shs. American Home Products Corporation, Common Net Proceeds 33,172.89 Acquisition Value 11,396.25 01/08/01 225 Shs. Pfizer, Inc., Common Net Proceeds 9,431.68 Acquisition Value 3,810.68 $ 384,742.89 $ 13.10 12.29 25,720.11 20,113.30 1,078.19 701.11 21,776.64 5,621.00 LOSS 53,149.16 FORWARD $ 459,778.63 $ 53,149.16 1519138423 - 13 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN LOSS FORWARD 01/08/01 100 Shs. Coca Cola Company, Common Net Proceeds 5,860.55 Acquisition Value 6,766.25 Ol/11/Ol 500 Shs. Minnesota Mining & Manufacturing Company, Common Net Proceeds 55,489.39 Acquisition Value 17,822.55 Ol/11/Ol 450 Shs. Federal National Mortgage Association, Common Net Proceeds 35,934.68 Acquisition Value 10,501.88 O1/11/O1 1,000 Shs. Verizon Communications, Common Net Proceeds 53,855.70 Acquisition Value 21,960.82 07/31/01 $50,000 ST. Mary's Hospital Authority 7% due 7/1/94 Net Proceeds 50,000.00 Acquisition Value 50,004.00 11/23/01 105 Shs. Zimmer Holdings Inc, Common Net Proceeds 3,206.60 Acquisition Value 85.34 12/03/01 $100,000 Pennsylvania State Turnpike Revenue Bond 11/15/91 Series N Net Proceeds 100,000.00 Acquisition Value 97,493.50 TOTALS NET GAIN TRANSFERRED TO SUMMARY $ 459,778.63 $ 53,149.16 905.70 37,666.84 25,432.80 31,894.88 4.00 3,121.26 2,506.50 $ 560,400.91 $ 54,058.86 -------------- -------------- -------------- -------------- $ 506,342.05 -------------- -------------- 1519138423 - 14 - DISBURSEMENTS OF PRINCIPAL ADMINISTRATION - MISCELLANEOUS EXPENSES Transferred to Income 03/02/92 $ 16,920.92 11/30/93 7,469.92 $ 24,390.84 FEDERAL STATE AND LOCAL TAXES Internal Revenue Service Federal Fiduciary_Income Tax 06/11/84 $ 88.22 04/13/89 69.00 09/14/89 69.00 04/12/90 2,945.54 09/14/90 2,261.00 01/14/91 754.00 04/09/91 13,107.66 06/12/92 377.00 04/14/93 176.00 07/19/93 Refund -200.82 04/25/94 Refund -176.00 04/03/95 238.00 04/13/95 240.00 04/08/96 679.00 FORWARD $ 20,627.60 $ 24,390.84 24, 390.8^. 1519138423 - 15 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 20,627.60 $ FEDERAL STATE AND LOCAL TAXES (cont'd) Internal Revenue Service Federal Fiduciary Income Tax (cont'd) 04/12/96 920.00 05/20/97 Refund -555.00 04/06/98 4,353.00 04/15/98 49.00 06/16/98 38.00 01/14/99 4,566.00 04/15/99 14,203.00 06/14/99 9,428.00 09/13/99 4,714.00 01/14/00 4,714.00 05/26/00 Refund -4,635.00 05/12/01 Refund -2,844.00 04/11/02 32,373.00 87,951.60 Pennsylvania Department of Reven_ue_ PA Fiduciary Income Tax 04/12/91 $ 3.54 04/12/93 43.50 03/27/95 44.00 FORWARD $ 91.04 $ 87,951.60 $ 24,390.84 24,390.84 1519138423 - 16 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 91.04 $ 87,951.60 $ FEDERAL STATE AND LOCAL TAXES (cont'd) Pennsylvania Department of Revenue PA Fiduciary Income Tax (cont'd) 04/08/96 114.00 04/06/98 644.00 04/08/99 2,758.00 04/10/00 2,951.00 04/10/01 1.00 04/08/02 4,503.00 04/11/02 216.00 11,278.04 FIDUCIARY FEES First Pennsvlvania Bank Compensation as Trustee 01/26/81 $ 815.65 04/23/81 815.66 07/23/81 815.66 10/22/81 815.67 01/22/82 768.50 04/22/82 768.50 07/22/82 768.50 10/22/82 768.50 FORWARD $ 6,336.64 24,390.84 99,229.64 $ 123,620.48 1519138423 - 17 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 6,336.64 FIDUCIARY FEES (cont'd) First Pennsylvania Bank Compensation as Trustee (cont'd) 01/21/83 04/22/83 07/22/83 CoreStates Bank, N.A. Compensation as Trustee 04/22/91 01/25/93 01/29/93 02/22/93 03/23/93 04/23/93 05/24/93 06/23/93 07/23/93 08/23/93 09/23/93 11/30/93 12/31/93 831.47 831.47 831.48 $ 123,620.48 8,831.06 1,599.04 385.38 1,134.45 544.89 550.34 548.26 549.16 547.98 589.40 590.54 590.88 482.52 484.61 8,831.06 $ 123,620.48 FORWARD $ 8,597.45 $ 1519138423 - 18 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 8,597.45 $ 8,831.06 $ FIDUCIARY FEES (cont' d) CoreStates Bank, N.A. Compensation as .Trustee (cont'd Ol/31j94 487.10 02/28/94 481.96 03/31/94 475.49 04/30/94 478.17 05/31/94 480.44 06/30/94 477.07 07/31/94 475.26 08/31/94 475.84 09/30/94 471.10 10/31/94 472.47 11/30/94 466.41 12/31/94 471.29 01/31/95 476.12 02/28/95 482.65 03/31/95 486.92 04/30/95 489.90 05/31/95 492.87 06/30/95 494.46 FORWARD $ 17,232.97 $ 8,831.06 $ 123,620.48 123,620.48 1519138423 - 19 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 17,232.97 $ 8,831.06 $ FIDUCIARY FEES (cont'd) CoreStates Bank, N.A. Compensation as Trustee ~cont'd 07/31/95 494.97 08/31/95 496.41 09/30/95 500.88 10/31/95 504.90 11/30/95 515.34 12/31/95 518.85 01/31/96 524.80 02/29/96 521.70 03/31/96 522.69 04/30/96 513.58 05/31/96 523.40 06/30/96 521.48 07/31/96 525.35 08/31/96 523.95 09/30/96 537.69 10/31/96 546.12 11/30/96 547.38 12/31/96 552.61 123,620.48 FORWARD $ 26,625.07 $ 8,831.06 $ 123,620.48 1519138423 - 20 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 26,625.07 $ 8,831.06 $ FIDUCIARY FEES (cont'd) CoreStates Bank, N.A. Compensation as Trustee (cont'd 01/31/97 561.42 02/28/97 565.71 03/31/97 549.28 04/30/97 563.28 05/31/97 577.05 06/30/97 589.06 07/31/97 591.83 08/31/97 582.38 09/30/97 598.41 10/31/97 584.54 11/30/97 599.14 12/31/97 593.23 01/31/98 612.91 02/28/98 619.65 03/31/98 629.74 04/30/98 619.50 05/31/98 623.06 06/30/98 632.15 123,620.48 FORWARD $ 37,317.41 $ 8,831.06 $ 123,620.48 1519138423 - 21 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 37,317.41 $ 8,831.06 $ FIDUCIARY FEES (cont'd) CoreStates Bank, N.A. Compensation as Trustee (cont'd) 07/31/98 608.27 08/31/98 604.96 09/30/98 593.84 First Union National Bank Compensation as Trustee 11/08/98 $ 488.83 12/08/98 477.40 01/08/99 437.55 02/08/99 434.39 03/08/99 435.55 04/08/99 436.60 05/08/99 441.09 06/08/99 440.48 07/08/99 441.36 08/08/99 441.93 09/08/99 442.36 10/08/99 442.48 11/08/99 482.26 39,124.48 FORWARD $ 5,842.28 $ 47,955.54 $ 123,620.48 123,620.48 1519138423 - 22 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 5,842.28 $ 47,955.54 $ FIDUCIARY FEES (cont'd) First Union National Bank Compensation as Trustee (cont'd 12/08/99 466.67 01/08/00 479.39 02/08/00 478.27 03/08/00 435.98 04/08/00 496.61 05/08/00 471.71 06/08/00 487.48 07/08/00 476.28 08/08/00 492.68 09/08/00 500.90 10/08/00 476.48 11/08/00 500.25 12/08/00 481.25 01/08/01 489.92 02/08/01 691.20 03/08/01 623.30 04/08/01 664.31 05/08/01 659.12 FORWARD $ 15,214.08 $ 123,620.48 47,955.54 $ 123,620.48 1519138423 - 23 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 15,214.08 $ 47,955.54 $ FIDUCIARY FEES (cont'd) First Union National Bank Compensation as Trustee (cont'd 06/08/01 684.86 07/08/01 655.25 08/08/01 674.14 09/08/01 667.41 10/08j01 643.69 11/08/01 674.98 12/08/01 652.99 01/10/02 675.58 02jOSj02 664.62 03/08/02 619.10 04/10/02 667.51 05/10/02 636.61 23,130.82 123,620.48 71,086.36 TOTAL DISBURSEMENTS OF PRINCIPAL $ 194,706.84 --------------- --------------- 1519138423 - 24 - DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES Sondra S. Osler 07/27/94 Cash $ 30,000.00 TOTAL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES $ 30,000.00 1519138423 - 25 - PRINCIPAL BALANCE ON HAND FIDUCIARY VALUE AT ACQUISITION 05/31/2002 VALUE Bonds $50,000 Berks County PA Municipal Authority Hospital Revenue Bond 6% due 11/1/29 57,797.00 49,875.00 $50,000 Blair County PA Bond 5.5% due 8/1/16 54,724.50 49,750.00 $50,000 Coasteville PA Area School District Bond 4.75% due 10/1/14 50,720.50 50,375.00 $50,000 Delaware County PA Bond 7/1/95 5.5% due 10/1/15 52,451.50 49,750.00 $100,000 Delaware River Port Authority PA & NJ Revenue Bond 5.629% due 1/1/26 102,815.00 95,476.50 $50,000 East Stroudsburg PA Area School District Bond 4.625% due 11/15/12 50,727.50 50,050.00 $50,000 Northhampton County PA Higher Education Authority Revenue Bond 5.25% 11/15/21 50,755.00 50,500.00 $100,000 Palmyra PA Area School Dist. Bond 4.20% due 05/01/09 101,977.00 99,871.00 $50,000 Pennsylvania Housing FIN AGY RFDG Bond Series 37 A 5.469% due 10/1/17 50,829.23 47,801.50 $50,000 Pennsylvania State Authority Revenue 5.% due 6/15/24 48,826.50 49,000.00 $100,000 Pennsylvania State Bond 5/15/96 5.375% due 5/15/16 103,863.00 97,078.00 FORWARD $ 725,486.73 $ 689,527.00 1519138423 - 26 - PRINCIPAL BALANCE ON H AND (cont'd) FORWARD $ 725,486.73 $ 689,527.00 Bonds (cont'd) $50,000 Pennsylvania State Rev Bond Higher Ed Fac Auth Temple University 5o due 4/1/19 50,062.50 49,408.50 $50,000 Pennsylvania State University Second RFDG Bond 5.900 due 8/15/16 51,392.50 48,929.00 $50,000 Pine-Richland School District PA Bond Series 1999 5.8750 due 9/1/24 56,509.00 50,250.00 $50,000 Radnor Township PA School District Bond 5.750 due 3/15/19 51,961.50 49,875.00 $35,000 Solanco PA School District 6.30 due 2/15/13 37,330.30 35,175.00 $50,000 SouthEastern PA Transportation Authority PA 5.25% due 3/1/15 52,285.00 47,726.50 $50,000 Upper St Clair Township PA School District Bond 5.2% 7/15/27 50,045.50 49,750.00 Common Stocks 1,000 Shs. Automatic Data Processing, Inc., Common 51,920.00 11,212.50 822 Shs. BP Amoco PLC Sponsored ADR 41,979.54 12,620.39 1,050 Shs. Bristol-Myers Squibb Company, Common 32,676.00 12,030.27 616 Shs. Chevrontexaco Corporation, Common 53,746.00 23,340.00 700 Shs. Chubb Corporation, Common 52,612.00 10,303.13 FORWARD $ 1,308,006.57 $ 1,090,147.29 1519138423 - 27 - PRINCIPAL BALANCE ON H AND (cont'd) FORWARD $ 1,308,006.57 $ 1,090,147.29 Common Stocks (cont'd) 1,800 Shs. Cisco Systems, Inc., Common 28,404.00 7,512.50 337 Shs. Citigroup, Inc., Common 14,551.66 6,285.21 1,000 Shs. E. I. Dupont de Nemours & Company, Common 46,000.00 17,007.50 1,600 Shs. Exxon Mobil Corporation, Common 63,888.00 22,790.00 450 Shs. Federal National Mortgage Association, Common 36,004.50 10,501.87 2,700 Shs. General Electric Company, Common 84,078.00 17,488.12 1,125 Shs. Genuine Parts Company, Common 41,118.75 23,800.00 967 Shs. Glaxo SmithKline Sponsored PLC ADR 39,405.25 14,466.76 2,400 Shs. Intel Corporation, Common 66,288.00 20,475.00 1,480 Shs. J. P. Morgan Chase & Company, Common 53,206.00 23,740.00 200 Shs. Johnson & Johnson, Common 12,270.00 6,147.50 1,000 Shs. Kimberly Clark Corporation, Common 64,920.00 13,523.65 400 Shs. Microsoft Corporation, Common 20,364.00 14,325.00 630 Shs. Newell Rubbermaid Inc., Common 21,514.50 10,035.80 600 Shs. Pfizer, Inc., Common 20,760.00 10,161.82 FORWARD $ 1,920,779.23 $ 1,308,408.02 1519138423 - 28 - PRINCIPAL BALANCE ON HAND (cont'd) FORWARD $ 1,920,779.23 $ 1,308,408.02 Common Stocks (cont'd) 200 Shs. Procter & Gamble Company, Common 17,910.00 14,722.50 1,176 Shs. Verizon Communications, Common CASH (AUTOMATICALLY INVESTED) TOTAL PRINCIPAL BALANCE ON HAND The above cash is currently invested in First Union Evergreen Select Municipal Money Market Fund Class I 50,568.00 25,825.93 $ 1,989,257.23 $ 1,348,956.45 28,197.52 28,197.52 $ 2,017,454.75 $ 1,377,153.97 1519138423 - 29 - PRINCIPAL INVESTMENTS MADE 08/28/82 $250,000 Penna Commonwealth 1971 5.50% due 07/01/90 174,062.50 03/02/83 $150,000 Federal Farm Cr Banks Consol Systemwide 10.125% due 09/01/87 150,000.00 03/17/83 $75,000 Penna St. Higher Edl Facs Auth 6.75% due 06/01/87 75,000.00 06/05/83 $40,000 Washington County Ind. Dev. Auth. 9.25% due 11/01/92 40,000.00 07/06/83 $145,000 Penna Commonwealth 1983 8.25% due 12/01/92 145,000.00 07/04/85 $35,000 Allegheny County PA San 8.7% due 6/1/94 34,912.50 06/11/87 $75,000 Pennsylvania State Series A 6.85% due 4/15/96 73,269.00 06/11/87 $75,000 University of Pitts PA Series A 7.8% due 6/1/99 75,000.00 10/16/87 $150,000 Pennsylvania State Second Series A 7.6% due 10/Ol/00 150,000.00 10/03/88 200 Shs. Rubbermaid, Inc., Common 5,023.00 10/03/88 150 Shs. Minnesota Mining & Manufacturing Company, Common 9,618.75 10/03/88 300 Shs. Glatfelter P H Co. Common 10,387.50 10/03/88 200 Shs. Rubbermaid, Inc., Common 5,023.00 10/03/88 100 Shs. E. I. Dupont de Nemours & Company, Common 8,112.50 10/03/88 100 Shs. International Business Machines Corporation, Common 11,387.50 1519138423 - 30 - PRINCIPAL INVESTMENTS MADE (cont'd 10/03/88 225 Shs. Bristol-Myers Squibb Company, Common $ 9,900.00 10/03/88 150 Shs. Bell Atlantic Corporation, Common 10,612.50 10/03/88 350 Shs. Emerson Electric Company, Common 10,368.75 10/03/88 175 Shs. Chubb Corporation, Common 10,303.13 10/03/88 125 Shs. Amoco Corporation, Common 9,281.25 06/21/89 100 Shs. International Business Machines Corporat ion, Common 11,111.00 06/21/89 350 Shs. Emerson Electric Company, Common 12,481,00 06/21/89 175 Shs. Bristol-Myers Squibb Company, Common 8,561.88 06/21/89 50 Shs. Bell Atlantic Corporation, Common 4,399.25 06/21/89 250 Shs. Amoco Corporation, Common 11,036.25 03/23/92 500 Shs. Waste Management Inc. Common 21,175.00 03/23/92 400 Shs. Thomas & Betts Corp. Common 23,740.00 03/23/92 400 Shs. Texaco, Inc., Common 23,340.00 03/23/92 300 Shs. SmithKline Beecham PLC ADR Equity 20,430.00 03/23/92 600 Shs. Scott Paper Company, Common 25,335.00 03/23/92 400 Shs. J. P. Morgan & Company, Inc., Common 23,740.00 1519138423 - 31 - PRINCIPAL INVESTMENTS MADE (cont'd 03/23/92 100 Shs. Minnesota Mining & Manufacturing Company, Common $ 8,935.00 03/23/92 500 Shs. Genuine Parts Company, Common 23,800.00 03/23/92 300 Shs. General Electric Company, Common 23,317.50 03/23/92 800 Shs. GTE Corporation, Common 24,280.00 03/23/92 400 Shs. Exxon Corporation, Common 22,790.00 03/23/92 400 Shs. Dayton Hudson Corporation, Common 25,240.00 03/23/92 500 Shs. Boeing Company, Common 22,425.00 03/23/92 200 Shs. Bell Atlantic Corporation, Common 8,495.00 03/23/92 500 Shs. Automatic Data Processing, Inc., Common 22,425.00 03/23/92 300 Shs. American Home Products Corporation, Common 22,792.50 03/23/92 200 Shs. E. I. Dupont de Nemours & Company, Common 8,895.00 03/23/92 1,100 Shs. Dresser Industries, Inc., Common 21,835.00 01/19/93 $90,000 Carlisle PA Subn Authority 6.125% due 12/15/13 89,100.00 01/20/93 $55,000 Northwest Area S/D PA 6.10 due 4/1/09 55,000.00 06/21/94 $35,000 Solanco PA School District 6.3o due 2/15/14 35,175.00 1519138423 - 32 - PRINCIPAL INVESTMENTS MADE (cont'd 11/02/94 1,141 Units CoreStates PA Tax Exempt Trust $ 9,998.31 12/07/94 $50,000 ST. Mary's Hospital Authority 7o due 7/1/94 50,004.00 12/15/94 $100,000 Pennsylvania Housing Series 43 7.4% due 10/1/14 100,000.00 08/01/95 300 Shs. Federal National Mortgage Association, Common 28,005.00 08/01/95 300 Shs. Intel Corporation, Common 20,475.00 09/05/95 2,181 Units CoreStates PA Tax Exempt Trust 19,995.49 01/03/96 100 Shs. Compaq Computers Corporation, Common 4,697.50 01/03/96 100 Shs. Cisco Systems, Inc., Common 7,512.50 05/02/96 8,240 Units CoreStates PA Tax Exempt Trust 74,999.32 08/11/97 100 Shs. Coca Cola Company, Common 6,766.25 08/11/97 100 Shs. Johnson & Johnson, Common 6,147.50 08/11/97 100 Shs. Procter & Gamble Company, Common 14,722.50 08/11/97 100 Shs. Warner Lambert Company, Common 13,972.50 08/11/97 100 Shs. Salomon Inc., Common 6,322.50 08/11/97 200 Shs. Hershey Foods Corporation, Common 10,832.50 08/11/97 100 Shs. Disney Walt Company, Common 8,066.25 08/11/97 100 Shs. Microsoft Corporation, Common 14,325.00 1519138423 - 33 - PRINCIPAL INVESTMENTS MADE (cont'd 04/02/98 16,051.1125 Units CoreStates PA Tax Exempt Trust $ 150,000.00 11/30/98 28,535.715142 Units CoreStates PA Tax Exempt Trust 270,000.00 03/31/99 14,388.728445 Units CoreStates PA Tax Exempt Trust 135,000.00 11/26/99 15.486 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y 170.04 11/26/99 20.648 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y 226,72 12/08/99 $50,000 Delaware River Port Authority PA & NJ ..Revenue Bond 11/15/95 Ser 1995 47,801.00 12/08/99 $50,000 Radnor Township PA School District Bond 5/15/97 49,875.00 12/09/99 $50,000 Pennsylvania Housing FIN AGY RFDG Bond Series 37 A 47,801.50 12/14/99 $50,000 SouthEastern PA Transportation Authority PA 47,726.50 12/16/99 $50,000 Pennsylvania State Turnpike Revenue Bond 11/15/91 Series N 48,883.50 12/16/99 $50,000 Blair County PA Bond 10/15/96 49,750.00 12/16/99 $50,000 Delaware County PA Bond 7/1/95 5.5% due 10/1/15 49,750.00 12/16/99 $50,000 Pennsylvania State University Second RFDG Bond 8/15/92 48,929.00 12/16/99 $100,000 Pennsylvania State Bond 5/15/96 5.375% due 5/15/16 97,078.00 1519138423 - 34 - PRINCIPAL INVESTMENTS MADE (cont'd) 12/16/99 $50,000 Berks County PA Municipal Authority Hospital Revenue Bond 6o due 11/1/29 12/23/99 $50,000 Pennsylvania State Turnpike Revenue Bond 11/15/91 Series N 12/27/99 $50,000 Delaware River Port Authority PA & NJ Revenue Bond 11/15/95 Ser 1995 12/29/99 $50,000 Pine-Richland School District PA Bond 12/1/99 Series 1999 5.875% due 9/1/24 01/30/01 $50,000 East Stroudsburg PA Area School District Bond 4.625% due 11/15/12 01/30/01 $50,000 Pennsylvania State Revenue Bond Higher Education Facility Authorization Temple University 5% due 4/1/19 01/30/01 $50,000 Coasteville PA Area School District Bond 4.750 due 10/1/14 02/13/01 $50,000 Northhampton County PA Higher Education Authority Revenue Bond 5.25% 11/15/21 02/20/01 $50,000 Upper State Clair Township PA School District Bond 5.2% due 7/15/27 03/12/01 $50,000 Pennsylvania State Authority Revenue 5.% due 6/15/99 02/15/02 $100,000 Palmyra PA area School Dist. Bond 4.20% due 05/01/09 TOTAL PRINCIPAL INVESTMENTS MADE $ 49,875.00 48,610.00 47,675.50 50,250.00 50,050.00 49,408.50 50,375.00 50,500.00 49,750.00 49,000.00 99,871.00 $ 3,652,314.64 --------------- --------------- 1519138423 - 35 - CHANGES IN PRINCIPAL HOLDINGS Account Value Alleg heny Co Pa 1969 5.75% due 07/01/ 82 $145,000 Received $ 145,305.95 07/01/82 5145,000 Matured -145,305.95 ------ $0 ----------- $ 0.00 Alleg heny County PA San 8.7% due 6/1/94 07/04/85 $35,000 Purchased $ 34,912.50 06/01/94 535,000 Matured -34,912.50 ------ $0 ----------- $ 0.00 Berks County PA Municipal Authority Hospital Revenue Bond 6% due 11/1/29 12/16/99 ------ ------ $50,000 ----------- --- Purchased $ -- 49,875.00 Blair -------- County PA Bond -- ------------- ------------- 5.5% due 8/1/16 12/16/99 ------ ------ $50,000 ----------- ----------- Purchased $ -- -- 49,750.00 ------------- ------------- 1519138423 - 36 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Carlisle Area School District Pa 1977 5.55% due 03/15/92 $145,000 Received $ 124,682.60 03/16/92 $145,000 Matured -124,682.60 $0 $ 0.00 Carlisle PA Subn Authority 6.1250 due 12/15/13 01/19/93 $90,000 Purchased $ 89,100.00 10/15/98 $90,000 Full Call -89,100.00 $0 $ 0.00 Coasteville PA Area School District Bond 4.75% due 10/1/14 01/30/01 $50,000 Purchased ----------------- $ --- -- 50,375.00 ------------ ------------- ----------------- Delaware County PA Bond 7/1/95 5.5% due 10/1/15 12/16/99 $50,000 Purchased ----------------- ----------------- $ -- -- 49,750.00 ------------- ------------- 1519138423 - 37 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Delaware River Port Authority PA & NJ Revenue Bond 5.629% due 1/1/26 12/08/99 $50,000 Purchased $ 47,801.00 12/27/99 $50,000 Purchased 47,675.50 $100,000 $ 95,476.50 East Stroudsburg PA Area School District Bond 4.625% due 11/15/12 01/30/01 $50,000 Purchased $ 50,050.00 Federal Farm Cr Banks Consol Systemwide 10.125% due 09/01/87 03/02/83 $150,000 Purchased $ 150,000.00 09/01/87 $150,000 Matured -150,000.00 $0 $ 0.00 Manheim Twp. School Auth. Pa 1978 6.20% due 12/01/94 $150,000 Received $ 130,650.00 12/01/94 $150,000 Matured -130,650.00 $0 $ 0.00 1519138423 - 38 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Northampton Co. Pa 1976 5.50% due 06/01/87 $75,000 Received $ 72,262.50 06/01/87 $75,000 Matured -72,262.50 $0 $ 0.00 Northeastern Susquehanna School Auth. 1976 5.85% due 11/15/84 $40,000 Received $ 40,322.00 05/15/84 $40,000 Matured -40,322.00 $0 $ 0.00 Northeastern Susquehanna School Auth. 5.85% due 11/15/84 $35,000 Received $ 35,261.45 11/15/84 $35,000 Matured -35,261.45 $0 $ 0.00 Northhampton County PA Higher Education Authority Revenue Bond 5.250 11/15/21 02/13/01 $50,000 Purchased $ 50,500.00 --------------- ----------------- --------------- ----------------- 1519138423 - 39 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Northwest Area S/D PA 6.1% due 4/1/09 01/20/93 $55,000 Purchased $ 55,000.00 04/01/98 555,000 Full Call -55,000.00 $0 $ 0.00 Palmyra PA Area School Dist. Bond 4.20% due 05/01/09 02/15/02 $100,000 Purchased $ --- --- 99,871.00 ------------ ------------ Penna Commonwealth 1971 5.50% due 07/01/90 08/28/82 $250,000 Purchased $ 174,062.50 000 550 Sold -34,812.50 06/22/89 , $200,000 $ 139,250.00 0 000 $200 Matured -139,250.00 07/02/9 , $0 $ 0.00 Penna Commonwealth 1983 8.25% due 12/01/92 07/06/83 $145,000 Purchased $ 145,000.00 12/01/92 $145,000 Matured -145,000.00 $0 $ 0.00 1519138423 - 40 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Penna St. Higher Edl Facs Auth 6.75% due 06/01/87 03/17/83 $75,000 Purchased $ 75,000.00 06/01/87 575,000 Matured -75,000.00 $0 $ 0.00 Penna. Commonwealth, 1975, 6.10% due 02/15/83 $150,000 Received $ 150,550.50 07/28/82 5150,000 Sold -150,550.50 $0 $ 0.00 Penna. Commonwealth, 1976 6% due 07/15/88 $150,000 Received $ 141,232.50 07/15/88 $150,000 Matured -141,232.50 $0 $ 0.00 Penna. Housing Financial Agency, 1980 5.75% due 07/01/83 $145,000 Received $ 145,000.00 07/28/82 5145,000 Redeemed -145,000.00 $0 $ 0.00 1519138423 - 41 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Penns ylvania Housing FIN AGY RFDG Bond Series 37 A 5.469% due 10/1/17 12/09/99 ------ $50,000 Purchased ----------- $ 47,801.50 Penns ylvania Housing Series 43 7.4% due 10/1/14 12/15/94 $100,000 Purchased $ 100,000.00 10/01/99 $29,000 Redeemed -29,000.00 $71,000 $ 71,000.00 12/15/99 $71,000 Redeemed -71,000.00 ------ $0 ----------- $ 0.00 ------ Penns ----------- ylvania State -- -- ------------- ------------- Series A 6.85% due 4/15/96 06/11/87 $75,000 Purchased $ 73,269.00 04/15/96 $75,000 Matured -73,269.00 So $ 0.00 Pennsylvania State Authority Revenue 5.% due 6/15/24 03/12/01 $50,000 Purchased $ 49,000.00 ----------------- ----------------- --------------- --------------- 1519138423 - 42 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Pennsylvania State Bond 5_/15/96 5.375% due 5/15/16 12/16/99 $100,000 Purchased $ 97,078.00 ----------------- Pennsylvania State Rev Bond Higher Ed Fac Auth Temple University 5% due 4/1/19 01/30/01 $50,000 Purchased $ 49,408.50 ----------------- ----------------- --------------- --------------- Pennsylvania State Second Series A 7.6% due 10/Ol/00 10/16/87 $150,000 Purchased $ 150,000.00 10/01/97 5150,000 Full Call -150,000.00 $0 $ 0.00 Pennsylvania State Turnpike Revenue Bond 11/15/91 Series N 12/16/99 $50,000 Purchased $ 48,883.50 12/23/99 $50,000 Purchased 48,610.00 $100,000 $ 97,493.50 12/03/01 5100,000 Redeemed -97,493.50 $0 $ 0.00 1519138423 - 43 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Pennsylvania State University Second RFDG Bond 5.90% due 8/15/16 12/16/99 $50,000 Purchased ----------------- $ 48,929.00 Pine-Richland School District PA Bond Series 1999 5.875% due 9/1/24 12/29/99 $50,000 Purchased ----------------- $ 50,250.00 Radnor Township PA School District Bond 5.75% due 3/15/19 12/08/99 $50,000 Purchased ----------------- ---------------- $ -- 49,875.00 - Solanco PA School District -- ------------- ------------- 6.3% due 2/15/13 06/21/94 $35,000 Purchased ----------------- ----- - $ 35,175.00 - ---------- SouthEastern PA Transportation Authority -- -- ------------- ------------- PA 5.250 due 3/1/15 12/14/99 $50,000 Purchased ----------------- ----------------- $ -- -- 47,726.50 ------------- ------------- 1519138423 - 44 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value ST. Mary's Hospital Authority 7% due 7/1/94 12/07/94 $50,000 Purchased $ 50,004.00 07/31/01 $50,000 Redeemed -50,004.00 $0 $ 0.00 ----------------- --------------- ----------------- --------------- University of Pitts PA Series A 7.8% due 6/1/99 06/11/87 $75,000 Purchased $ 75,000.00 06/02/97 $75,000 Full Call -75,000.00 $0 $ 0.00 Upper St Clair Township PA School District Bond 5.2% 7/15/27 02/20/01 $50,000 Purchased $ 49,750.00 ----------------- --------------- ----------------- --------------- US Treasury Note "A" 8o due 02/15/83 $71,000 Received $ 67,893.75 02/15/83 $71,000 Matured -67,893.75 $0 $ 0.00 1519138423 - 45 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value US Treasury Note, 9.250 due 11/30/80 $40,000 Received $ 39,974.80 12/01/80 $40,000 Matured -39,974.80 $0 $ 0.00 Washington County Ind. Dev. Auth. 9.25a due 11/01/92 06/05/83 $40,000 Purchased $ 40,000.00 06/30/88 $40,000 Redeemed -40,000.00 $0 $ 0.00 American Home Products Corporation, Common 03/23/92 300 Shs. Purchased $ 22,792.50 05/07/96 300 Shs. Received as a 2 for 1 stock split 0.00 600 Shs. $ 22,792.50 05/06/98 600 Shs. Received as a 2 for 1 stock split 0.00 1,200 Shs. $ 22,792.50 11/16/98 600 Shs. Sold -11,396.25 600 Shs. $ 11,396.25 01/08/01 600 Shs. Sold -11,396.25 o shs. $ o.oo 1519138423 - 46 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Amoco Corporation, Common 10/03/88 125 Shs. Purchased 03/28/89 125 Shs. Received as a 2 for 1 stock split 250 Shs. 06/21/89 250 Shs. Purchased 500 Shs. 04/29/98 500 Shs. Received as a 2 for 1 stock split 1,000 Shs. 12/31/98 1,000 Shs. Delivered in exchange for BP Amoco PLC Sponsored ADR 0 Shs. Automatic Data Processing Inc. Common 03/23/92 500 Shs. Purchased 01/02/96 500 Shs. Received as a 2 for 1 stock split 1,000 Shs. 11/16/98 500 Shs. Sold 500 Shs. 01/04/99 500 Shs. Received as a 2 for 1 stock split 1,000 Shs. $ 9,281.25 0.00 $ 9,281.25 11,036.25 $ 20,317.50 0.00 $ 20,317.50 -20,317.50 $ 0.00 $ 22,425.00 0.00 $ 22,425.00 -11,212.50 $ 11,212.50 0.00 $ 11,212.50 1519138423 - 47 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Bell Atlantic Corp oration, Common 10/03/88 150 Shs. Purchased 06/21/89 50 Shs. Purchased 200 Shs. 05/02/90 200 Shs. Received as a 2 for 1 stock split 400 Shs. 03/23/92 200 Shs. Purchased 600 Shs. 06/30/98 600 Shs. Received as a 2 for 1 stock split 1,200 Shs. 07/07/00 1,200 Shs. Delivered in exchange for Verizon Communications, Common 0 Shs.. Boeing Company , Common 03/23/92 500 Shs. Purchased 06/10/97 500 Shs. Received as a 2 for 1 stock split 1,000 Shs. 03/10/99 300 Shs. Sold 700 Shs. 01/08/01 700 Shs. Sold 0 Shs. Account Value $ 10,612.50 4,399.25 $ 15,011.75 0.00 $ 15,011.75 8,495.00 $ 23,506.75 0.00 $ 23,506.75 -23,506.75 $ -- -- 0.00 ------------- ------------- $ 22,425.00 0.00 $ 22,425.00 -6,727.50 $ 15,697.50 -15,697.50 $ -- -- 0.00 ------------- ------------- 1519138423 - 48 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value BP Amoco PLC Sponsored ADR 12/31/98 661.667 Shs. Received in exchange for Amoco Corporation, Common 01/06/99 0.667 Shs. Sold 661 Shs. 03/10/99 250 Shs. Sold 411 Shs. 10/04/99 411 Shs. Received as a 2 for 1 stock split 822 Shs. Bristol-Myers Squibb Company Common 10/03/88 225 Shs. Purchased 06/21/89 175 Shs. Purchased 400 Shs. 03/03/97 400 Shs. Received as a 2 for 1 stock split 800 Shs. 03/01/99 800 Shs. Received as a 2 for 1 stock split 1,600 Shs. 03/10/99 550 Shs. Sold 1,050 Shs. 08/08/01 0 Shs. Adjust value due to stock distribution of Zimmer Holdings, Inc. Common 1,050 Shs. $ 20,317.50 -20.48 $ 20,297.02 -7,676.63 $ 12,620,39 0.00 $ 12,620.39 $ 9,900.00 8 561.88 $ 18,461.88 0.00 $ 18,461.88 0.00 $ 18,461.88 -6,346.27 $ 12,115.61 -85.34 $ 12, 030.2' 1519138423 - 49 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Chevrontexaco Corp oration, Common 10/10/Ol 616 Shs. Received in exhchange for Texaco Inc., Common $ 23,340.00 Chubb Corporation, Common 10/03/88 175 Shs. Purchased $ 10,303.13 05/31/90 175 Shs. Received as a 2 for 1 stock split 0.00 350 Shs. $ 10,303.13 05/06/96 350 Shs. Received as a 2 for 1 stock split 0.00 700 Shs. $ 10,303.13 04/22/99 Rights Sold 0.00 700 Shs. $ 10,303.13 Cisco Systems, Inc. , Common 01/03/96 100 Shs. Purchased $ 7,512.50 02/20/96 100 Shs. Received as a 2 for 1 stock split 0.00 200 Shs. $ 7,512.50 12/17/97 100 Shs. Received as a 3 for 2 stock split 0.00 300 Shs. $ 7,512.50 09/16/98 150 Shs. Received as a 3 for 2 stock split 0.00 450 Shs. $ 7,512.50 1519138423 - 50 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Cisco Systems, Inc. , Common (cont' d) 06/22/99 450 Shs. Received as a 2 for 1 stock split $ 0.00 900 Shs. $ 7,512.50 03/23/00 900 Shs. Received as a 2 for 1 stock split 0.00 1,800 --------------- Shs. -- $ 7,512.50 Citigroup, Inc., Common 10/09/98 169 Shs. Received in exc hange for Travelers Group Inc., Common $ 6,303.85 06/01/99 84.5 Shs. Received as a 3 for 2 stock split 0.00 253.5 Shs. $ 6,303.85 06/07/99 0.5 Shs. Sold -12.43 253 Shs. $ 6,291.42 08/25/00 84.333 Shs. Received as a 4 for 3 stock split 0.00 337.333 Shs. $ 6,291.42 08/31/00 0.333 Shs. Sold -6.21 337 --------------- --------- Shs. -- $ - 6,285.21 ------ Coca Cola Comp -- any, Common - -- ------------- ------------- 08/11/97 100 Shs. Purchased $ 6,766.25 01/08/01 100 Shs. Sold -6,766.25 0 Shs. $ 0.00 1519138423 - 51 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Compaq Computers Corporation, Common 01/03/96 100 Shs. Purchased 08/16/96 100 Shs. Sold 0 Shs. Dayton Hudson Corporation, Common 03/23/92 400 Shs. Purchased 08/01/95 400 Shs. Sold 0 Shs. 08/11/97 07/10/98 Disney Walt Company, Common 100 Shs. Purchased 200 Shs. Received as a 3 for 1 stock split 300 Shs. 01/08/01 300 Shs. Sold 0 Shs. $ 4,697.50 -4,697.50 $ 0.00 $ 25,240.00 -25,240.00 $ 0.00 $ 8,066.25 0.00 $ 8,066.25 -8,066.25 $ 0.00 1519138423 - 52 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Dresser Industries, Inc., Common 03/23/92 1,100 Shs. Purchased $ 21,835.00 08/21/92 0 Shs. Adjust value due to stock distribution on INDRESCO Industries, Inc. , Common -1,715.36 1,100 Shs. $ 20,119.64 08/01/95 1,100 Shs. Sold -20,119.64 0 Shs. $ 0.00 E. I. Dupont de Nemours & Company, Common 10/03/88 100 Shs. Purchased $ 8,112.50 01/22/90 200 Shs. Received as a 3 for 1 stock split 0.00 300 Shs. $ 8,112.50 03/23/92 200 Shs. Purchased 8,895.00 500 Shs. $ 17,007.50 06/16/97 500 Shs. Received as a 2 for 1 stock split 0.00 1,000 Shs. $ 17,007.50 1519138423 - 53 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Emerson Electric Company, Common 10/03/88 350 Shs. Purchased $ 10,368.75 06/21/89 350 Shs. Purchased 12,481.00 700 Shs. $ 22,849.75 11/05/90 0 Shs. Adjust value due to stock distribution of Esco Electronic Corp. Common -168.44 700 Shs. $ 22,681.31 03/11/97 700 Shs. Received as a 2 for 1 stock split 0.00 1,400 Shs. $ 22,681.31 11/16/98 700 Shs. Sold -11,340.66 700 Shs. $ 11,340.65 03/10/99 350 Shs. Sold -5,670.32 350 Shs. $ 5,670.33 01/08/01 350 Shs. Sold -5,670.33 0 Shs. $ 0.00 ESCO Electronics Corporation, Common 11/05/90 35 Shs. Received as a stock distribution from Emerson Electric Co. Common $ 168.44 03/23/92 35 Shs. Sold -168.44 0 Shs. $ 0.00 1519138423 - 54 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Exxon Corporation, Common 03/23/92 400 Shs. Purchased $ 22,790.00 04/14/97 400 Shs. Received as a 2 for 1 stock split 0.00 800 Shs. $ 22,790.00 12/01/99 800 Shs. Delivered in exchange for Exxon Mobil Corporation, Common -22,790.00 0 Shs. $ 0.00 Exxon Mobil Corporation, Common 12/01/99 800 Shs. Received in exchange for Exxon Corporation, Common $ 22,790.00 07/19/01 800 Shs. Received as a 2 for 1 stock split 0.00 1,600 Shs. $ 22,790.00 Federal National Mortgage Association, Common 08/01/95 300 Shs. Purchased $ 28,005.00 01/18/96 900 Shs. Received as a 4 for 1 stock split 0.00 1,200 Shs. $ 28,005.00 03/10/99 300 Shs. Sold -7,001.25 900 Shs. $ 21,003.75 O1/11/O1 450 Shs. Sold -10,501.88 450 Shs. $ 10,501.87 1519138423 - 55 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value General Electric Company, Common 03j23j92 300 Shs. Purchased $ 23,317.50 05j16j94 300 Shs. Received as a 2 for 1 stock split 0.00 600 Shs. $ 23,317.50 05j12/97 600 Shs. Received as a 2 for 1 stock split 1,200 Shs. 07/30/97 200 Shs. Sold 1,000 Shs. 03j10j99 100 Shs. Sold 900 Shs. 05j08j00 1,800 Shs. Received as a 3 for 1 stock split 2,700 Shs. Genuine Parts Company, Common 03/23j92 500 Shs. Purchased 0.00 $ 23,317.50 -3,886.25 $ 19,431.25 -1,943.13 $ 17,488.12 0.00 $ 17,488.12 $ 23,800.00 04/16j92 250 Shs. Received as a 3 for 2 stock split 750 Shs. 04j15j97 375 Shs. Received as a 3 for 2 stock split 1,125 Shs. 0.00 $ 23,800.00 0.00 $ 23,800.00 1519138423 - 56 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Glatfelter P H Co. Common 10/03/88 300 Shs. Purchased $ 10,387.50 03/23/92 300 Shs. Sold -10,387.50 0 Shs. $ 0.00 Glaxo SmithKline S ponsored PLC ADR -- ------------- 01/02/01 967.3 Shs. Received in exchange for SmithKline Beecham P L C ADR ORD A $ 14,471.25 01/03/01 0.3 Shs. Sold -4.49 967 -------------- Shs. --- $ -- 14,466.76 ------------- ----------------- GTE Corporation, Common -- ------------- 03/23/92 800 Shs. Purchased $ 24,280.00 07/07/00 800 Shs. Delivered in exchange for Verizon Communications, Common -24,280.00 0 Shs. $ 0.00 -------------- -------------- Hershey Foods --- --- Corp oration, Common -- -- ------------- ------------- 08/11/97 200 Shs. Purchased $ 10,832.50 O1/08/Ol 200 Shs. Sold -10,832.50 0 -------------- -------------- Shs. --- --- $ -- -- 0.00 ------------- ------------- 1519138423 - 57 - CHANGES IN PRINCIPAL HOLDINGS (cont'd} Account Value Imation Corp oration, Common 07/01/96 50 Shs. Received as stock distribution on Minnesota Mining & Manufacturing Company, Common $ 731.20 08/16/96 50 Shs. Sold -731.20 0 Shs. $ 0.00 Indresco Industries , Inc., Common 08/21/92 220 Shs. Received as a stock distribution on Dresser Industries Inc., Common $ 1,715.36 08/03/94 220 Shs. Sold 0 Shs. Intel Corporation, Common 08/01/95 300 Shs. Purchased 07/14/97 300 Shs. Received as a 2 for 1 stock split 600 Shs. 04/12/99 600 Shs. Received as a 2 for 1 stock split 1,200 Shs. 07/31/00 1,200 Shs. Received as a 2 for 1 stock split 2,400 Shs. -1,715.36 $ 0.00 $ 20,475.00 0.00 $ 20,475.00 0.00 $ 20,475.00 0.00 $ 20,475.00 1519138423 - 58 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Corporation, Common 10/03/88 100 Shs. Purchased 06/21/89 100 Shs. Purchased 20o shs. 03/16/92 200 Shs. Sold 0 Shs. 03/23/92 01/02/01 International Business Machines J. P. Morgan & Company, Inc., Common 400 Shs. Purchased 400 Shs. Delivered in exchange for J P Morgan Chase & Company, Common $ 11,387.50 11,111.00 $ 22,498.50 -22,498.50 $ 0.00 $ 23,740.00 -23,740.00 $ 0.00 ----------------- --------------- ----------------- --------------- J. P. Morgan Chase & Company, Common 01/02/01 1,480 Shs. Received in exchange for J P Morgan & Company, Inc., Common $ 23,740.00 Johnson & Johnson, Common 08/11/97 100 Shs. Purchased 06/13/01 100 Shs. Received as a 2 for 1 stock split 200 Shs. $ 6,147.50 0.00 $ 6,147.50 1519138423 - 59 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Kimberly Clark Corporation, Common 12/12/95 936 Shs. Received in exchange for Scott Paper Company, Common 04/03/97 936 Shs. Received as a 2 for 1 stock split 1,872 Shs. 07/30/97 372 Shs. Sold 1,500 Shs. 11/16/98 500 Shs. Sold 1,000 Shs. $ 25,335.00 0.00 $ 25,335.00 -5,034.52 $ 20,300.48 -6,776.83 $ 13,523.65 Microsoft Corporation, Common 08/11/97 100 Shs. Purchased $ 14,325.00 02/23/98 100 Shs. Received as a 2 for 1 stock split 0.00 200 Shs. $ 14,325.00 03/29/99 200 Shs. Received as a 2 for 1 stock split 400 Shs. Minnesota Mining & Manufacturing Company, Common 10/03/88 150 Shs. Purchased 03/23/92 100 Shs. Purchased 250 Shs. 0.00 $ 14,325.00 $ 9,618.75 8,935.00 $ 18,553.75 1519138423 - 60 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Minnesota Mining & Manufacturing Company, Common (cont'd) 04/11/94 250 Shs. Received as a 2 for 1 stock split $ 0.00 500 Shs. $ 18,553.75 07j01/96 0 Shs. Adjust value due to stock distribution on Imation _ Corporation, Common -731.20 $ 17,822.55 .~vv val.. O1/11/O1 500 Shs. Sold 0 Shs. Newell Rubbermaid Inc., Common 03/25/99 630.64 Shs. Received in exchange for Rubbermaid Inc., Common 03/26/99 0.64 Shs. Sold 630 Shs. Pfizer, Inc., Common 06/21/00 825 Shs. Received in exchange for Warner Lambert Company, Common O1/08/O1 225 Shs. Sold 600 Shs. -17,822.55 $ 0.00 $ 10,046.00 -10.20 $ 10,035.80 $ 13,972.50 -3,810.68 $ 10,161.82 1519138423 - 61 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Procter & Gamble Company, Common 08/11/97 100 Shs. Purchased $ 14,722.50 09/22/97 100 Shs. Received as a 2 for 1 stock split 0.00 200 Shs. $ 14,722.50 ------------- ------------- Rubbermaid, ---- ---- Inc., Common 10/03/88 200 Shs. Purchased 10/03j88 200 Shs. Purchased 400 Shs. 12/02/91 400 Shs. Received as a 2 for 1 stock split 800 Shs. 03/25/99 800 Shs. Delivered in exchange for Newell Rubbermaid Inc., Common ----------------- ----------------- Salomon Inc., Common 08/11j97 100 Shs. Purchased 12/02/97 100 Shs. Delivered in exchange for Travelers Group Inc., Common $ 5,023.00 5,023.00 $ 10,046.00 0.00 $ 10,046.00 -10,046.00 $ 0.00 $ 6,322.50 -6,322.50 $ 0.00 --------------- --------------- 1519138423 - 62 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Scott Paper Company , Common 03/23/92 600 Shs. Purchased $ 25,335.00 05/15/95 600 Shs. Received as a 2 for 1 stock split 0.00 1,200 Shs. $ 25,335.00 12/12/95 1,200 Shs. Delivered in exchange for Kimberly Clark Corportaion, Common -25,335.00 0 Shs. $ 0.00 SmithKline Beecham PLC ADR Equity 03/23/92 300 Shs. Purchased $ 20,430.00 07/27/92 300 Shs. Received as a 2 for 1 stock split 0.00 600 Shs. $ 20,430.00 04/14/96 Cash received with exchange 0.00 600 Shs. $ 20,430.00 04/15/96 600 Shs. Delivered in exchange for SmithKline Beecham PLC ADR ORD A -20,430.00 0 Shs. $ 0.00 SmithKline Beecham PLC ADR Ord A 04/15/96 600 Shs. Received in exchange for SmithKline Beecham PLC ADR Equity $ 20,430.00 08/29/97 600 Shs. Received as a 2 for 1 stock split 0.00 1,200 Shs. $ 20,430.00 03/10/99 350 Shs. Sold -5,958.75 850 Shs. $ 14,471.25 1519138423 - 63 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value SmithKline Beecham PLC ADR Ord A (cont'd) 01/02/01 850 Shs. Delivered in exchange for 967.3 shs. Glaxo SmithKline Sponsored PLC ADR ~ -14,471.25 0 Shs. $ 0.00 Texaco, Inc., Common 03/23/92 400 Shs. Purchased $ 23,340.00 09/30/97 400 Shs. Received as a 2 for 1 stock split 0.00 800 Shs. $ 23,340.00 10/10/O1 800 Shs. Delivered in exchange for 616 shs. Chevrontexaco Corporation, Common -23,340.00 0 Shs. $ 0.00 Thomas & Betts Corp. Common 03/23/92 400 Shs. Purchased $ 23,740.00 08j02/94 400 Shs. Sold -23,740.00 0 Shs. $ 0.00 1519138423 - 64 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Travelers Group, Inc., Common 12/02/97 169.5 Shs. Received in exchange for Salmon Inc., Common $ 6,322.50 12/05/97 0.5 Shs. Sold -18.65 169 Shs. $ 6,303.85 10/09/98 169 Shs. Delivered in exchange for Citigroup Inc., Commo n -6,303.85 0 --------------- ------------- Shs. -- $ 0.00 ---- Verizon Communications, Common 07/07/00 1,200 Shs. Received in exchange for Bell Atlantic Corporation, Common $ 23,506.75 07/07/00 976 Shs. Received in exchange for GTE Corporation, Common 24,280.00 2,176 Shs. $ 47,786.75 O1/11/O1 1,000 Shs. Sold -21,960.82 1,176 --------------- --------------- Shs. -- -- $ 25,825.93 Warner Lambert Comp any, Common -- -- ------------- ------------- 08/11/97 100 Shs. Purchased $ 13,972.50 05/26/98 200 Shs. Received as a 3 for 1 stock split 0.00 300 Shs. $ 13,972.50 1519138423 - 65 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Warner Lambert Com pany Common (cont'd) 06/21/00 300 Shs. Delivered in exchange for Pfizer Inc, Common $ -13,972.50 0 -------------- -------------- Shs. --- --- $ 0.00 Waste Management Inc. Common 03/23/92 500 Shs. Purchased $ 21,175.00 05/28/93 500 Shs. Delivered in exchange for WMX Tech. Inc. Common -21,175.00 0 -------------- Shs. --- $ 0.00 WMX Technolog ies, Inc., Common 05/28/93 500 Shs. Received in exchange for Waste Management Inc. Common $ 21,175.00 08/01/95 500 Shs. Sold -21,175.00 0 -------------- Shs. --- $ 0.00 Zimmer Holdin gs Inc, Common 08/08/01 105 Shs. Received as a stock distribution from Bristol-Myers Squibb Company, Common $ 85.34 11/23/01 105 Shs. Sold -85.34 0 Shs. $ 0.00 1519138423 - 66 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value CoreStates PA Tax Exempt Trust 11/02/94 1,141 Uts. Purchased 09/05/95 2,181 Uts. Purchased 3,322 Uts. 05/02/96 8,240 Uts. Purchased 11,562 Uts. 04/02/98 16,051.1125 Uts. Purchased 27,613.1125 Uts. 11/30/98 28,535.7151 Uts. Purchased 56,148.8276 Uts. 03/31/99 14,388.7284 Uts. Purchased 70,537.556 Uts. 06/28/99 0 Uts. Evergreen Pennsylvania Municipal Bond Fund, Class Y 06/28/99 56,679.3951 Uts. Received in exchange for CoreStates PA Tax Exempt Trust 11/26/99 20.648 Uts. Purchased 56,700.0431 Uts. 11/26/99 15.486 Uts. Purchased 56,715.5291 Uts. 12/10/99 27,397.2602 Uts. Sold 29,318.2689 Uts. 70,537.556 Uts. Delivered in exchange for Evergreen Pennsylvania Municipal Bond Fund, Class Y $ 9,998.31 19,995.49 $ 29,993.80 74,999.32 $ 104,993.12 150,000.00 $ 254,993.12 270,000.00 $ 524,993.12 135,000.00 $ 659,993.12 -659,993.12 $ 0.00 $ 659,993.12 226.72 $ 660,219.84 170.04 $ 660,389.88 -319,010.93 $ 341,378.95 1519138423 - 67 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Evergreen Pennsylvania Municipal Bond Fund, Class Y (cont'd) 12/14/99 18,315.0183 Uts. Sold 11,003.2506 Uts. 12/21/99 11,003.2506 Uts_._ Sold 0 Uts. Account Value $ -213,258.22 $ 128,120.73 -128,120.73 $ 0.00 1519138423 - 68 - INCOME BALANCE ON HAND FIDUCIARY VALUE AT ACQUISITION 05/31/2002 VALUE TOTAL INCOME BALANCE ON HAND $ .00 $ .00 First Union National Sank _ ._ i `._._~._ By: .__ ~~.,~ ~, _ Thomas J. M '`~~ Vice Presid And ~ ~, J By; ~~. Sondra Osler Trustees Prepared by: C.R.W. Examined by: T.M.C. 1519138423 -69- COMMONWEALTH OF PENNSYLVANIA: COUNTY OF SS: Thomas J. McCarthy, Vice President of First Union National Bank,Trustee, being duly sworn, declares and says that the foregoing Account, as stated, is just and true to the best of his knowledge and belief. omas J. arth Vice Presid Sworn and Subscribed to before me this /,J" ~ ~' day of ~ /~~~ A.D., 2002 ~,/, Notary Public 1519138423 Notarial Seal Sandra A. Christman, Notary PubVic Reading, Berks County r,ny Commiss'ron Expires Oct. 2s, 2002 - 70 - sber, i~ennsytvania A~^, ~~~ti^n ^` Notan~ STATE OF NEW YORK SS: COUNTY OF -~~ti~,~: Sondra Osler, being duly sworn, declares and says that the foregoing Account, as stated is just and true to the best of her knowledge and belief. _~.,,~ Sondra Osler Sworn to and subscribed before me this •=day o'€ _ , 2002: ~-~ r NOTARY PUBLIC MY COMMISSION EXPIRES: NOTARY PUa~C S a~ a ofNNewYork No. 01 WI6060441 Qualified in Saratoga County (SEAL) My Commission Expires ~_'~~~-~ 437711.1 ~ ~ a R u ° M, ~ ~ t~ ~~ ~ :7 ~- ~ r~ ~ ~~ s., ~r,F, <i ~ fir. _ !, :s c b' a A t~~ '~ H ~ O :CJ ~ ~ ,-,y ~ Z ~ U~ D O ~ ~ H H ~~~O~Hcn ~ ~ ~`''~xy ~- ~ .,,) ~m cn D ~ ~ O~C~~~~ty n~ d ~~~ +' 00, m o -~ t~ ~ ~ o ~ r ~ d ~yOr~ ~~~ ~~~~°O~-+ ~ -°y A 0 = A '~ Z ~ ~~O~ ~~~ ~~00 e~ D~ A N ~ ~ t?i ~ C ~ y~ H ~ J '~ ~-C ~ ~ v O N r~ ~~;..,..,... H H H CrJ H ~ 3 ~~0~ t~ Hx to CU Z~ ;.St t-] C7Fd i H~ ~ Q ~ ~ ~`'~`..,. ~ xJt~Jx~Ly~rO H ~ m ~ .~~ _~. s, ' Cd O ~ ~ . td ~ H ~t~-~C7 ~ Z t n b H ~C r ~C~ ~ tr] trJ ° ~7~~~y 'TJ U1 y x ~ ~~ O (D ~• ~1, (D (D ~ rt ~' ~ ~ ~Q ~ fO'h O rt IO-h (OD N O r~-t ~ O ~ O ~ ~ N ~ O ~ rn o ~ rr ~ cn ~ cn m n ri G ~' rt, ~ rr m ~~'a~~oo~°m~m • cor-r~mmrr~~~H,r-t, caonom°N'-~~~ ~~ rn ~ G ~ w rn t~ rr N• r-r I-'•m G~ ~ N• ~ G' N • rt N O i7 rl- ~ (~D (~D ~ rat t-S ~ ~~-r ~' O O ~ ~ A~ r0-h '~C (D G r-h I~• ~i G ~' O ~ rat I-' ~ ill ¢ ~' n. ~'ro ~~- ~ m~ N~r+ rrmocnN• amp ~ a rt n ~r rt rt o m m O G ~ G rt IN RE: TRUST U/A WILLIAM H. IN THE COURT OF COMMON PLEAS OF OSLER, deceased, dated March 8, :CUMBERLAND COUNTY, PENNSYLVANIA 1973, f/b/o Sondra Stark Osler ORPI-TANS' COURT DIVISION Residuary Trust N 21 75-376 STATEMENT OF PROPOSED DISTRIBUTION OF FIRST UNION NATIONAL BANK AND SONDRA STARK OSLER, CO-TRUSTEES OF THE RESIDUARY TRUST UNDER AGREEMENT OF WILLIAM H. OSLER. DECEASED The balance for distribution as shown on the First Account of First Union National Bank and Sondra Stark Osler, Trustees of the Residuary Trust under Agreement with William H. Osler dated March 8, 1973, for benefit of Sondra Stark Osler, is the principal balance on hand shown on the Account, which at fiduciary acquisition value is $1,377,153.97. As requested in the "Petition for Approval of Resignation and Discharge of Co-Trustee and Appointment of Successor Co-Trustee" filed contemporaneously with the Account, the Accountants hereby respectfully request that the Court confirm the Account including all disbursements and distributions set forth therein, and award the balance of the Residuary Trust to Sondra Stark Osler and Nancy O. Derrick as Successor Co-Trustees, for further administration according to the terms of the Trust. ~~ ~% Sondra Stark Osler FIRST UNION NATIONAL BANK By. ( ice) t 437374.1 COMMONWEALTH OF PENNSYLVANIA ss: COUNTY IN ~~ Thomas J. McCarthy, Vice President and Senior Trust Advisor for First Union National Bank, Petitioner in the foregoing Statement of Proposed Distribution and Accountant in the annexed Account, being duly sworn according to law, deposes and says that the facts set forth in the foregoing Statement of Distribution and Account are true and correct to the best of his knowledge, information and belief. FIRST UNION NATIONAL BANK -~ B- Thomas y, _i e Presdent and Senior SWORN TO AND S[JBSCRIBED before me this / 7 day of 2002. otary M Commission Ex fires: Notarl"ism"~ ~~~~ y p Br®nde s. Junker, Notary Putrlic , pending, Berke County My Commission Expires A~ (SEAL? ~- Member. p~nne,~r,~5,,,, ,; Notarial Seal Brenda S. Dunker, Notary Public Reading, Barks County My Commission Expires Apr. 7, 2pQ~ Member, ~nnsvNania Associntinn n+R~~ STATE OF NEW YORK ) SS: COUNTY OF / ~°-~~~~~- ) Sondra Stark Osler, Petitioner in the foregoing Statement of Proposed Distribution and Accountant in the annexed Account, being duly sworn according to law, deposes and says that the foregoing Statement of Distribution is true and correct to the best of her knowledge and belief. ~1 Sondra Stark ler SWORN TO AND SUBSCRIBED b fore me this ,fin ~ day of 2002. r ~~ ~~ _ Notary Public -_- PAMELA L. WIGGINS My Commission Expires: NOTA~v Pust_tc, State of New York No. 01 WI606044i Clueiified in Saratog County ,-. (SEAL) MY Commission Expires~..,~, C ~ •~ N ~ N-E ~~U O ~ o~ 3 G ~ O~ O~ U X a~i~oa~°~+~C~'x'roo ~°~~~~~v~a~o ro•~ o~ ~ oc~n °~ ~ ro ~ ~ ,~ .~ •~ C O ~, ~ '~ C O +~ ~ +~ N U ro '~ C A N ~ ,C '~ •~ cn r0 O .~ ~ ~ O ~ v~ ~ ~ ~ C ~ C ~ U ~ (~ f.~, ~ C ~+ ~ ~ N ~4-i ~'~~~•O~ O~ N U ~ ~ ~ N UOl O N ~ r0 ~ •C-i N t-i O ~ ~ ~ R3 O Q ~ ,x ~ ,Q ~.. ~ x o ' a ~ ~z ~ ~ ~~ r ~ao a~H Qc n ~aa 'Wwom a N W ~ `~ z~~~ O z~~ Q x~ a Q ~ J~ p ~W Cary aOW~ ~ao W v ~ Q w ~ n v ' ~ ~ ~ ~ ~ ~ a ~ ~ ~ ~ ~ q~q ~ r Q o ~ O ~N i~~ Wa3t Z fx w ~ ~ ~ E•+ ~ wo~~i ~wa~ o0 ~" ~ = o ~ r ~ ~ a ~n ~ ~~ off ~~~~~~~° w ~ ~; o m ~ c `~ m ~ aQ ~~ ~ W ~ Hw aw~`~ ~ n ~ ~ H ~ ~ C ] ~ ~ ~ fZ ~ I-r ~, E-'~ H tl~ °~ ~~,~r ~~_ ~ ,~T__.. i ~`T-A! ~~~~J a ~ 4 V ~, a +~ ~ , ~ • .y i ~, ~. ~~ __ z< IN RE: TRUST U/A WILLIAM H. IN THE COURT OF COMMON PLEAS OF OSLER, deceased, dated March 8, :CUMBERLAND COUNTY, PENNSYLVANIA 1973, f/b/o Sondra Stark Osler :ORPHANS' COURT DIVISION Marital Trust No. 21-75- :~r7 STATEMENT OF PROPOSED DISTRIBUTION OF FIRST UNION NATIONAL BANK AND SONDRA STARK OSLER, CO-TRUSTEES OF THE MARITAL TRUST UNDER AGREEMENT OF WILLIAM H. OSLER, DECEASED The balance for distribution as shown on the First Account of First Union National Bank and Sondra Stark Osler, Trustees of the Marital Trust under Agreement with William H. Osler dated March 8, 1973, for benefit of Sondra Stark Osler, is the principal balance on hand shown on the Account, which at fiduciary acquisition value is $157,089.31. As requested in the "Petition for Approval of Resignation and Discharge of Co-Trustee and Appointment of Successor Co-Trustee" filed contemporaneously with the Account, the Accountants hereby respectfully request that the Court confirm the Account including all disbursements and distributions set forth therein, and award the balance of the Marital Trust to Sondra Stark Osler and Nancy O. Derrick as Successor Co-Trustees, for further administration according to the terms of the Trust. ....-~ ) Sondra Stark Osler FIRST UNIO~1 NATIONAL BANK B (Vice) 437387.1 COMMONWEALTH OF PENNSYLVANIA ss: COUNTY OF DA IIN ~~ : Thomas J. McCarthy, Vice President and Senior Trust Advisor for First Union National Bank, Petitioner in the foregoing Statement of Proposed Distribution and Accountant in the annexed Account, being duly sworn according to law, deposes and says that the facts set forth in the foregoing Statement of Distribution and Account are true and correct to the best of his knowledge, information and belief. FIRST UNION NATIONAL BANK By: _. omas J. y, Vice sdent and Senior Trus dvisor SWORN TO ANDS BSCRIBED be re me this day of `Jl~. ~ , 2002. otar u ' Notarial Seal My Commission Expires: Brenda s. Dunker, Notary Public Reading, Berks County My Commission Expires Apr. 7, 2005 (SEAL) Member, PennsylvaniaAssoaiaticu~ of Notaries STATE OF NEW YORK ) SS: COUNTY OF .~,-cs.kS~,:~ ) Sondra Stark Osler, Petitioner in the foregoing Statement of Proposed Distribution and Accountant in the annexed Account, being duly sworn according to law, deposes and says that the foregoing Statement of Distribution is true and correct to the best of her knowledge and belief. Sondra Stark Osler SWORN TO AND SUBSCRIBED before me this ~~;~~ day of 2002. Notary Public PAMELA L. WIGGINS My Commission Expires: ~OT/~RYNa~01HilSt~at~e~1NewYork QWtltEied in Sarsto a Camty ~~ (SEF~L) MyCommiesion Expires` c 0 c m c~~ 3 0~ o 0 o ro ro o N ~ 4-a U U ~ +~ C ~ ~ ~ •~ ~~C ~4O-i4~a N ~1~~ N~ +~ m +~ ~ a-% +~ N +~ ro +~ ~ ~ •~+ to ro O +~ U •~ O =~ O ~ ~ ~ ~ C ~ ~O-I N ~ C~ -F [UO O ~ ~ C ro U +U-' N N •rl Ul r-I +~ O -~ ~ C ~ ~~ o m ~ ~ ~~ ~~= ro o ~ o a~u•r,v~ a~o•ro ~ c H O~ ~ Q., C O Q ~ .x U U x o~ x w ~W~ ° ~ z ~ ~ ~ ~` ~~a ~>z ° z~~ ~ ~ aw Q n ~ ~ ~ ~ ~ ao ~ ~ C W a ~ ~ v z W H~ UzCgtJ Qx~rx Q ~``16' ~ J N o acar~ aOwNZ~~~ q -~,..~ ~ Q w ~ ~ a ~ ~ E--1 ~ VHa O ~N ~ a ~ ~ ~ v~ Y Q ~" ~ c o a w o ~+ O~UN H ~ H ~~W ~l~~~fa ~ `~ \ Z = aUCnO z aHOO'~O~O~ ~ ~~ ~., G O ~ ! ~ ~ ~ ~ o ~ ~ m ~ ~r1 ~ o C~~~ ~~a~ a Ca H E'' Q ~ ~ 3 ~ ,a.~ W WO ,. ~ ~ ~~ WO~ ~ ~ ,/ ~~ z ~ ~ O -~ j C H ~' ~ [] H 2 CJ3 IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA_ ORPHANS ' COURT DIVISION -- ~ '~> ~ ~ ~~.~. ~ ~ - )) - .~ FIRST ACCOUNT OF FIRST UNION NATIONAL BANK (FORMERLY CORESTATES BANK, N.A.) AND SONDRA OSLER, TRUSTEES UNDER IRREVOCABLE AGREEMENT DATED MARCH 08, 1973 OF WILLIAM H. OSLER, MARITAL TRUST FOR THE BENEFIT OF SONDRA OSLER Tax ID Number: Date of First Receipt of Funds: Accounting for the period: 23-6703306 1Oj21/80 l0/21/8o to 05/31/02 Purpose of Account: The Trustees offer this Account to acquaint interested parties with the transactions that have occurred during the Administration. It is important that. the Account be carefully examined. Requests for additional information, questions or objections can be discussed with: Counsel: Stanley A. Smith, Esquire Rhoads & Sinon, LLP 1 South Market Square P.O. Box 1146 Harrisburg, PA. 17108 (717) 233-5731 1519138414 - 1 - SUMMARY OF ACCOUNT TOTAL GROSS ESTATE PRINCIPAL Receipts Net Gain on Sales or Disposition Less Disbursements: Administration - Misc. Exp. Federal State and Local Taxes Fiduciary Fees Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand For Information: Investments Made Changes in Holdings INCOME Balance before Distributions Income Balance on Hand COMBINED BALANCE ON HAND Affidavit $ 398,645.51 PAGES 3-4 5-11 $ 398,645.51 150,788.31 $ 549,433.82 12 $ 13,908.38 12-14 28,169.83 14-21 25,068.43 -67,146.64 $ 482,287.18 22 -325,197.87 23 $ 157,089.31 24-26 27-42 43 ~ .00 $ .00 $ 157,089.31 44 1519138414 - 2 - PRINCIPAL RECEIPTS Prior Award- Awarded per Adjudication dated June 17, 1980, of Shughart, P.J. sur First Pennsylvania Bank, N.A. and Sondra Stark Osler, Trustees under A Revocable Primary Life Insurance Agreement of and Schedule of Distribution Composed of: Bonds $55,000 Allegheny co. Pa. 1969 5.75% due 07/01/82 $55,000 Carlisle Area School Dist. Pa 1977 5.55% due 03/15/92 $50,000 Manheim Twp. School Auth. Aa. 1978 6.20% due 12/01/94 $25,000 Northampton Co. Pa 1976 5.50% due 06/01/87 $10,000 Northeastern Susquehanna School Auth. Pa. 1976 5.70% due 05/15/84 $15,000 Northeastern Susquehanna School Auth. 5.85% due 11/15/84 $50,000 Penna. Commonwealth, 1975 6.10% due 02/15/83 $50,000 Penna. Commonwealth, 1976 6% due 07/15/88 $55,000 Penna. Housing Financial Agency, 1980 5 3/4% due 07/01/83 FORWARD $ 55,116.05 47,293.40 43,550.00 24,087.50 10,080.50 15,112.05 50,183.50 47,077.50 55,000.00 $ 347,500.50 1519138414 - 3 - PRINCIPAL RECEIPTS (cont'd) FORWARD $ 347,500.50 Bonds (cont'd} $29,000 U.S. Treasury Note "A" 8% due 02/15/83 27,731.25 $20,000 U.S. Treasury Note 9 1/40 due 11/30/80 19,987.40 $ 395,219.15 Cash 518.56 SUBSEQUENT RECEIPTS $ 395,737.71 06/14/84 Transferred from Income 110.00 11/26/99 Short Term Capital Gains Distribution on Evergreen PA Municipal Bond Fund, Class Y 33.82 11/26/99 Long Term Capital Gains Distribution on Evergreen PA Municipal Bond Fund, Class Y 45.0` 12/13/99 Short Term Capital Gains Distribution on Evergreen Select Core Equity Fund, Class I 35.6 12/08/00 Long Term Capital Gains Distribution on Evergreen Select Core Equity Fund, Class I 2,683.% TOTAL PRINCIPAL RECEIPTS $ 398,645.` 1519138414 - 4 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS 12/01/80 $20,000 U.S. Treasury Note 9 1/40 GAIN due 11/30/80 Net Proceeds 20,000.00 Acquisition Value 19,987.40 $ 12.60 07/01/82 $55,000 Allegheny co. Pa. 1969 5.75% due 07/01/82 Net Proceeds 55,000.00 Acquisition Value 55,116.05 02/15/83 $50,000 Penna. Commonweal th, 1975 6.10% due 02/15/83 Net Proceeds 50,000.00 Acquisition Value 50,183.50 02/15/83 $29,000 U.S. Treasury Not e "A" 8% due 02/15/83 Net Proceeds 29,000.00 Acquisition Value 27,731.25 1,268.75 07/01/83 $55,000 Penna. Housing Fi nancial Agency, 1980 5 3/4% due 07/01/83 Net Proceeds 55,000.00 Acquisition Value 55,000.00 05/15/84 $10,000 Northeastern Susq uehanna School Auth. Pa. 1976 5.70s due 05/15/84 Net Proceeds 10,000.00 Acquisition Value 10,080.50 07/05/85 $15,000 Northeastern Susq uehanna School Auth. 5.850 due 11/15/84 Net Proceeds 15,000.00 Acquisition Value 15,112.05 FORWARD $ LOSS 116.05 183.50 80.50 112.05 1,281.35 $ 492.10 1519138414 - 5 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN FORWARD 10/15/85 $50,000 Altoona Area School Dist. Pa 9 3/4o due 10/15/85 Net Proceeds 50,000.00 Acquisition Value 50,000.00 06/01/87 $25,000 Northampton Co. Pa 1976 5.50% due 06/01/87 Net Proceeds 25,000.00 Acquisition Value 24,087.50 06/01/87 $25,000 Penna. St. Higher Ed. Facs. Auth. 6 3/4% due 06/01/87 Net Proceeds 25,000.00 Acquisition Value 25,000.00 09/01/87 $50,000 Federal Farm Consol Systemwide 10 125% due 09/01/87 Net Proceeds 50,000.00 Acquisition Value 50,000.00 06/30/88 $35,000 Washington County Indl. Dev. Auth. 9 1/4% due 11/01/92 Net Proceeds 35,700.00 Acquisition Value 35,000.00 07/15/88 $50,000 Penna. Commonwealth, 1976 6% due 07/15/88 Net Proceeds 50,000.00 Acquisition Value 47,077.50 06/23/89 $25,000 Carlisle Area School Dist. Pa 1977 5.55% due 03/15/92 Net Proceeds 24,125.00 Acquisition Value 21,497.00 $ 1,281.35 $ FORWARD $ 912.50 700.00 2,922.50 2,628.00 LOSS 492.10 8,444.35 $ 492.10 1519138414 - 6 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) FORWARD 03/16/92 $30,000 Carlisle Area School Dist. Pa 1977 5.55% due 03/15/92 Net Proceeds 30,000.00 Acquisition Value 25,796.40 03/23/92 100 Shs. International Business Machines Corporation, Common Net Proceeds 8,877.20 Acquisition Value 11,249.25 03/23/92 150 Shs. Glatfelter P H Co Common Net Proceeds 8,309.72 Acquisition Value 5,193.75 03/23/92 200 Shs. Shell Trans & Trading PLC New York Sh Net Proceeds 9,329.68 Acquisition Value 7,008.88 12/01/92 $55,000 Penna Commonwealth 1983 8 1/40 due 12j01/92 Net Proceeds 55,000.00 Acquisition Value 55,000.00 06/01/94 $15,000 Allegheny County PA San 8.70 due 6/01/94 Net Proceeds 15,000.00 Acquisition Value 14,962.50 08/02/94 123 Units CoreStates Growth & Income Equity Trust Net Proceeds 20,149.46 Acquisition Value 20,645.56 FORWARD GAIN LOSS $ 8,444.35 $ 492.10 4,203.60 2,372.05 3,115.97 2,320.80 37.50 496.10 $ 18,122.22 $ 3,360.25 1519138414 - 7 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) FORWARD 12/01/94 $50,000 Manheim Twp. School Auth. Aa. 1978 6.200 due 12/01/94 Net Proceeds 50,000.00 Acquisition Value 43,550.00 02/01/95 $50,000 Allegheny County Fin. Auth. 1985 B 8.700 due 08/01/95 Net Proceeds 50,000.00 Acquisition Value 50,000.00 04j15/96 $25,000 Pennsylvania State 1st Series A 6.85% due 04/15/96 Net Proceeds 25,000.00 Acquisition Value 24,422.75 08/15/96 $50,000 Chester County PA Hospital 7% due 7/1/16 Net Proceeds 50,000.00 Acquisition Value 50,004.00 06/02/97 $25,000 University Pittsburgh PA Higher Ed Series A 7.80% due 06/01/99 Net Proceeds 25,500.00 Acquisition Value 25,000.00 10j01/97 $50,000 Pennsylvania St Second Series A 7.60% due 10/Ol/00 Net Proceeds 50,750.00 Acquisition Value 50,000.00 04/29/98 150 Shs. Bristol-Myers Squibb Company, Common Net Proceeds 15,687.60 Acquisition Value 3,423.12 GAIN LOSS $ 18,122.22 $ 3,360.25 6,450.00 577.25 4.00 500.00 750.00 12,264.48 FORWARD $ 38,663.95 $ 3,364.25 1519138414 - 8 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) rT TAT FORWARD 04/29/98 250 Shs. Air Products & Chemicals, Inc., Common Net Proceeds 22,224.25 Acquisition Value 5,203.13 04/29/98 200 Shs. Chubb Corporation, Common Net Proceeds 16,179.46 Acquisition Value 2,943.75 08/12/98 200 Shs. AMP, Inc., Common Net Proceeds 7,829.73 Acquisition Value 2,800.00 10/13/98 26 Shs. AMP, Inc., Common Net Proceeds 1,157.00 Acquisition Value 364.00 03/26/99 0.32 Shs. Newell Rubbermaid Inc., Common Net Proceeds 15.71 Acquisition Value 5.10 04/06/99 0.622 Shs. Tyco Intl Ltd, New Common Net Proceeds 45.54 Acquisition Value 25.31 04/09/99 100 Shs. General Electric Company, Common Net Proceeds 11,345.87 Acquisition Value 1,212.31 04/20/99 150 Shs. General Electric Company, Common Net Proceeds 16,568.82 Acquisition Value 1,818.47 $ 38,663.95 $ FORWARD $ 17,021.12 13,235.71 5,029.73 793.00 10.61 20.23 10,133.56 14,750.35 T !1 (~ [~ 3,364.25 99,658.26 $ 3,364.25 1519138414 - 9 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN FORWARD 04/22/99 Chubb Corporation, Common Rights Sold Net Proceeds Acquisition Value 0.50 0.00 $ 99,658.26 $ 09/20/99 450.4504 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y Net Proceeds 5,000.00 Acquisition Value 5,218.97 11/23/99 3,639.6724 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y Net Proceeds 40,000.00 Acquisition Value 42,169.69 11/23/99 115.6604 Units Evergreen Select Core Equity Fund, Class I Net Proceeds 10,000.00 Acquisition Value 3,264.17 12/30/99 4,625.346901 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y Net Proceeds 50,000.00 Acquisition Value 53,588.04 04/18/00 228.912 Units Evergreen Select Core Eguity Fund, Class I Net Proceeds 20,000.00 Acquisition Value 6,465.42 04/18/00 3,216.912 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y Net Proceeds 35,000.00 Acquisition Value 37,270.29 FORWARD $ 50 6,735.83 13,534.58 LOSS 3,364.25 218.97 2,169.69 3,588.04 2,270.29 119,929.17 $ 11,611.24 1519138414 - 10 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) FORWARD 01/09/01 884.5061 Units Evergreen Select Core Equity Fund, Class I Net Proceeds 67,673.52 Acquisition Value 26,727.17 11/28/01 30 Shs. Zimmer Holdings Inc, Common Net Proceeds 916.17 Acquisition Value 165.07 12/19/01 5,021.9913 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y Net Proceeds 56,296.52 Acquisition Value 57,825.78 02/04/02 260 Shs. Tyco Intl Ltd, New Common Net Proceeds 7,591.88 Acquisition Value 5,289.69 TOTALS NET GAIN TRANSFERRED TO SUMMARY GAIN LOSS $ 119,929.17 $ 11,611.24 40,946.35 751.10 1,529.26 2,302.19 $ 163,928.81 $ 13,140.50 -------------- -------------- -------------- -------------- $ 150,788.31 -------------- -------------- 1519138414 - 11 - DISBURSEMENTS OF PRINCIPAL ADMINISTRATION - MISCELLANEOUS EXPENSES Transferred from Principal 03/02/92 $ 7,592.93 01/08/01 1,921.45 $ 12/06/93 CoreStates Bank, N.A. and Sondra Osler Trustees under Agreement of William H. Osler, Settlor Residuary Trust A/C # 04-14267-00 FEDERAL STATE AND LOCAL TAXES Internal Revenue Service Federal Fiduciary Income Tax 06/11/84 04/13/89 06/12/92 09/11/92 04/14/93 07/19/93 Refund 04/05/94 04/12/94 06/06/94 04/26/95 Refund 9.09 56.85 630.00 165.00 388.00 -407.12 1,218.00 402.00 402.00 -804.00 9,514.38 4,394.00 FORWARD $ 2,059.82 $ 13,908.38 13,908.38 1519138414 - 12 - DISBURSEMENTS OF PRINCIPAL__~cont'd FORWARD $ 2,059.82 $ 13,908.38 FEDERAL STATE AND LOCAL TAXES (cont'd)_ Internal Revenue Service Federal Fiduciary Income Tax (cont'd)_ 04/08/96 20.00 04/12/96 20.00 04/08/97 1,553.00 04/14/97 1.00 06/12/97 386.00 09/17/97 496.00 04/15/98 31.00 06/16/98 183.00 09/15/98 183.00 01/14/99 182.00 04/15/99 10,040.00 06/14/99 5,386.00 09/13/99 2,693.00 01/14/00 2,692.00 06/18/01 Refund -1,693.00 $ 24,232.82 Pennsylvania Department of Revenue PA Fiduciary. Income Tax 04/12/93 $ 110.01 FORWARD $ 110.01 $ 24,232.82 $ 13,908.= 1519138414 - 13 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 110.01 $ 24,232.82 $ FEDERAL STATE AND LOCAL TAXES (cont'd) Pennsylvania Department of Revenue PA Fiduciary Income Tax (cont'd) 03/22/94 188.00 04/13/94 47.00 06/06/94 47.00 04/27/95 Refund -94.00 04/08/96 101.00 04/08/97 159.00 04/06/98 109.00 04/08/99 1,727.00 04/10/00 04/10/01 FIDUCIARY FEES First Pennsylvania Bank, N.A. Compensation as Trustee 01/28/81 04/21/81 07/21/81 10/21/81 01/21/82 1,432.00 111.00 3,937.01 $ 429.16 429.17 429.16 429.17 394.32 13,908.38 28,169.83 FORWARD $ 2,110.98 $ 42,078.21 1519138414 - 14 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 2,110.98 $ FIDUCIARY FEES (cont'd) First Pennsylvania Bank, N.A. Compensation as Trustee (cont'd) 04/21/82 07/21/82 10/21/82 01/20/83 04/21/83 07/21/83 04/21/87 01/18/90 CoreStates Bank, N.A. Compensation as Trustee 04/24/92 10/20/92 01/21/93 02/22/93 03/22/93 04/21/93 05/21/93 06/21/93 FORWARD $ 394.32 394.33 394.34 441.58 441.60 441.60 509.46 593.57 5,721.78 $ 744.00 743.99 160.92 249.60 253.51 253.58 251.64 251.53 2,908.77 $ 5,721.78 $ 42,078.21 42,078.2 1519138414 - 15 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 2,908.77 $ 5,721.78 $ FIDUCIARY FEES (cont' d) CoreStates Bank, N.A. Compensation as Trustee (cont'd 07/21/93 291.73 08/23/93 292.08 09/21/93 294.23 12/02/93 305.24 01/04/94 213.12 02/02/94 213.08 03/02/94 211.48 04/04/94 206.18 05/03/94 203.46 06/02/94 204.34 07/05/94 201.15 08/02/94 204.24 09/02/94 195.08 10/04/94 192.04 11/02/94 191.52 12/02/94 187.36 01/04/95 190.41 02/02/95 192.86 42,078.21 FORWARD $ 6,898.37 $ 5,721.78 $ 42,078.21 1519138414 - 16 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 6,898.37 $ 5,721.78 $ FIDUCIARY FEES (cont'd) CoreStates Bank, N.A. Compensation as Trustee (cont'd 03/02/95 195.99 04/04/95 196.90 05/02/95 198.97 06/02/95 201.57 07/05/95 200.89 08/02/95 202.53 09/05/95 203.13 10/10/95 203.19 11/08/95 198.15 12/08/95 201.49 01/09/96 202.25 02/08/96 204.22 03/08/96 203.47 04/08/96 201.26 05/08/96 188.85 06/10/96 190.25 07/09/96 188.93 08/08/96 188.12 42,078.21 FORWARD $ 10,468.53 $ 5,721.78 $ 42,078.21 1519138414 - 17 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 10,468.53 $ 5,721.78 $ FIDUCIARY FEES (cont' d) CoreStates Bank, N.A. Compensation as Trustee (cont'd 09/09/96 186.17 10/08/96 191.66 11/12/96 193.51 12/09/96 196.16 01/09/97 195.56 02/10/97 199.35 03/10/97 199.90 04/08/97 192.84 05/08/97 197.30 06/09/97 204.68 07/09/97 210.64 08/08/97 212.67 09/09/97 210.02 10/08/97 216.27 11/10/97 210.98 12/08/97 215.25 01/09/98 215.58 02/09/98 219.42 42,078.21 FORWARD $ 14,136.49 $ 5,721.78 $ 42,078.21 1519138414 - 18 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 14,136.49 $ 5,721.78 $ 42,078.21 FIDUCIARY FEES (cont'd) CoreStates Bank, N.A. Compensation as Trustee (cont'd) 03/09/98 221.76 04/08/98 224.64 05/08/98 201.62 06/08/98 203.41 07/08/98 206.54 08/10/98 202.75 09/09/98 197.14 10/08/98 192.68 First Union_National Bank Compensation as Trustee 15,787.03 11/18/98 $ 105.24 12/10/98 103.81 01/11/99 94.93 02/10/99 98.09 03/10/99 96.93 04/09/99 95.88 05/10/99 91.39 06/10/99 92.00 FORWARD $ 778.27 $ 21,508.81 $ 42,078.21 1519138414 - 19 - DISBURSEMENTS OF PRINCIPAL (cont"d) FORWARD $ 778.27 $ 21,508.81 $ FIDUCIARY FEES (cont'd) First Union National Bank Compensation as Trustee (cont'd) 07/09/99 08/10/99 09/10/99 10/08/99 11/10/99 12/10/99 O1/10/00 02/10/00 03/10/00 04/10/00 05/10/00 06/09/00 07/10/00 08/10/00 09/08/00 10/10/00 11/10/00 12/08/00 FORWARD $ 91.12 90.55 90.12 90.00 96.00 81.93 83.68 83.71 76.90 86.10 70.39 72.30 70.77 72.90 73.49 70.41 73.51 71.24 2,223.39 $ 21,508.81 $ 42,078.21 42,078.21 1519138414 - 20 - DISBURSEMENTS OF PRINCIPAL_ (cont'd) FORWARD $ 2,223.39 $ 21,508.81 $ FIDUCIARY FEES (cont'd) First Union National Bank Compensation as Trustee (cont'd) O1/10/O1 02/09/01 03/09/01 04/10/01 05/08/01 06/08/01 07/10/01 08/10/01 09/10f01 10/10/01 11/09/01 12j10/O1 01/10/02 02/08/02 03/08/02 04/10/02 05/10/02 73.10 87.49 78.57 85.37 83.64 86.83 83.94 86.73 86.27 84.68 87.03 83.17 69.85 67.01 62.15 66.23 64.17 3,559.62 TOTAL DISBURSEMENTS 4F PRINCIPAL 42,078.21 25,068.43 $ 67,146.64 --------------- --------------- 1519138414 - 21 - DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES To: Sondra Osler Cash 08/02/94 $ 20,000.00 04/15/96 25,000.00 04/17/98 50,000.00 l0/o2/9s lo,ooo.oo 04/14/99 14,500.00 11/23/99 50,000.00 01/09/01 50,000.00 04/18/01 50,000.00 01/02/02 50,000.00 11/03/95 235 Shs. General Electric Company, Common TOTAL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES 319,500.00 697.87 325.197.87 $ 325,197.87 --------------- --------------- 1519138414 - 22 - PRINCIPAL BALANCE ON HAND FIDUCIARY VALUE AT ACQUISITION 05/31/2002 VALUE Bonds $25,000 Pennsylvania State Higher Education Rev Bond 5.8o due 6/15/24 25,885.48 24,052.25 $15,000 Solanco PA School District 6.3o due 2/15/13 15,998.70 15,075.00 $55,000 Somerset PA 6.125% due 01/01/13 55,847.00 54,525.90 $25,000 SouthEastern PA Transportation Authority Rev Bond 5.25% due 1/1/15 26,142.50 23,988.25 Common Stocks 300 Shs. Bristol-Myers Squibb Company, Common 9,336.00 3,258.06 200 Shs. Chubb Corporation, Common 15,032.00 2,943.75 240 Shs. General Electric Company, Common 7,473.60 969.85 315 Shs. Newell Rubbermaid Inc., Common 10,757.25 5,017.90 500 Shs. Verizon Communications, Common 21,500.00 9,705.50 $ 187,972.53 $ 139,536.46 CASH (AUTOMATICALLY INVESTED) 17,552.85 17,552.85 TOTAL PRINCIPAL BALANCE ON HAND $ 205,525.38 ---------------- ---------------- $ 157,089.31 ---------------- ---------------- The above cash is currently invested in First Union Evergreen Select Municipal Money Market Fund Class I 1519138414 - 23 - PRINCIPAL INVESTMENTS MADE 07/30/82 $50,000 Altoona Area School Dist. Pa 9 3/4% due 10/15/85 50,000.00 03/02/83 $50,000 Fedearal Farm Consol Systemwide 10 125% due 09/01/87 50,000.00 03/17/83 $25,000 Penna. St. Higher Ed. Facs. Auth. 6 3/4% due 06/01/87 25,000.00 07/06/83 $55,000 Penna Commonwealth 1983 8 1/4% due 12/01/92 55,000.00 06/05/84 $35,000 Washington County Indl. Dev. Auth. 9 1/4% duell/01/92 35,000.00 07/05/85 $15,000 Allegheny County PA San 8.7% due 6/01/94 14,962.50 11/18/85 $50,000 Allegheny County Fin. Auth. 1985 B 8.70% due 08/01/95 50,000.00 06/11/87 $25,000 University Pittsburgh PA Higher Ed Series A 7.80% due 06/01/99 25,000.00 06/11/87 $25,000 Pennsylvania State 1st Series A 6.850 due 04/15/96 24,422.75 10/16/87 $50,000 Pennsylvania St Second Series A 7.600 due 10/Ol/00 50,000.00 10/27/88 100 Shs. Bristol-Myers Squibb Company, Common 4,400.00 10/27/88 100 Shs. AMP, Inc., Common 4,200.00 10/27/88 125 Shs. Air Products & Chemicals, Inc., Common 5,203.13 10/27/88 75 Shs. Shell Trans & Trading PLC New York Sh 5,090.63 10/27/88 100 Shs. Chubb Corporation, Common 5,887.50 1519138414 - 24 - PRINCIPAL INVESTMENTS MADE (cont'd 10/27/88 50 Shs. International Business Machines Corporat ion, Common $ 5,693.75 10/27/88 150 Shs. Glatfelter P H Co Common 5,193.75 10/27/88 100 Shs. General Electric Company, Common 4,325.00 10/27/88 75 Shs. Bell Atlantic Corporation, Common 5,306.25 10/27/88 200 Shs. Rubbermaid, Inc., Common 5,023.00 06/21/89 50 Shs. Shell Trans & Trading PLC New York Sh 1,918.25 06/21/89 50 Shs. International Business Machines Corporation, Common 5,555.50 06/21/89 100 Shs. General Elec tric Company, Common 5,373.50 06/21/89 50 Shs. Bristol-Myers Squibb Company, Common 2,446.25 06/21/89 50 Shs. Bell Atlantic Corporation, Common 4,399.25 06/21/89 100 Shs. AMP, Inc., Common 4,279.00 04/08/92 324 Units CoreStates Growth & Income Equity Trust 54,383.43 01/12/93 $55,000 Somerset PA 6.125% due 01/01/13 54,525.90 06/21/94 $15,000 Solanco PA School District 6.3% due 2/15/13 15,075.00 11/02/94 1,141 Units CoreStates PA Tax Exempt Trust 9,998.31 1519138414 - 25 - PRINCIPAL INVESTMENTS MADE (cont'd) 12/07/94 $50,000 Chester County PA Hospital 7% due 7/1/16 $ 08/02/95 3,283 Units CoreStates PA Tax Exempt Trust 08/04/97 8,556.2929 Units CoreStates PA Tax Exempt Trust 01/05/99 6,138.5743 Units CoreStates PA Tax Exempt Trust 11/26/99 3.08 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y 11/26/99 4.107 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y 12/13/99 0.417 Units Evergreen Select Core Equity Fund, Class I 12/31/99 $25,000 SouthEastern PA Transportation Authority PA 12/31/99 $25,000 Pennsylvania State Higher Education 12/11/00 33.217 Units Evergreen Select Core Equity Fund, Class I 01/17/01 1,584.507 Units Evergreen Pennsylvania Municipal Bond Fund, Class Y TOTAL PRINCIPAL INVESTMENTS MADE 50,004.00 29,995.55 80,000.00 58,000.00 33.82 45.09 35.63 23,988.25 24,052.25 2,683.26 18,000.00 $ 874,500.50 --------------- --------------- 1519138414 - 26 - CHANGES IN PRINCIPAL HOLDINGS Allegheny co. Pa. 1969 5.750 due 07/01/82 $55,000 Received 07/01/82 $55,000 Matured $0 Alleahenv County Fin. Auth_ 1985 B 8.700 due 08/01/95 11/18/85 $50,000 Purchased 02/01/95 $50,000 Full Call $0 Alleahenv County PA San 8.7% due 6/01/94 07/05/85 $15,000 Purchased 06/01/94 $15,000 Matured $0 Altoona Area School Dist. Pa 9 3/4% due 10/15/85 07/30/82 $50,000 Purchased 10/15/85 $50,000 Sold $0 Account Value $ 55,116.05 -55,116.05 $ 0.00 $ 50,000.00 -50,000.00 $ 0.00 $ 14,962.50 -14,962.50 $ 0.00 $ 50,000.00 -50,000.00 $ 0.00 1519138414 - 27 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Carlisle Area School Dist. Pa 1977 5.55% due 03/15/92 $55,000 Received $ 47,293.40 06/23/89 525,000 Sold -21,497.00 $30,000 $ 25,796.40 03/16/92 530,000 Matured -25,796.40 $0 $ 0.00 Chester County PA Hospital 7o due 7/1/16 12/07/94 $50,000 Purchased $ 50,004.00 08/15/96 $50,000 Sold -50,004.00 $0 $ 0.00 Fedearal Farm Consol Systemwide 10 125% due 09/01/87 03/02/83 $50,000 Purchased $ 50,000.00 09/01/87 $50,000 Matured -50,000.00 $0 $ 0.00 1519138414 - 28 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Manheim Twp. School Auth. Aa. 1978 6.20% due 12/01/94 $50,000 Received $ 43,550.00 12/01/94 $50,000 Matured -43,550.00 $0 $ 0.00 Northampton Co. Pa 1976 5.50% due 06/01/87 $25,000 Received $ 24,087.50 06j01/87 $25,000 Matured -24,087.50 $0 $ 0.00 Northeastern Susquehanna School Auth. Pa. 1976 5.70% due 05/15/84 $10,000 Received $ 10,080.50 05/15/84 $10,000 Matured -10,080.50 $0 $ 0.00 Northeastern Susquehanna School Auth. 5.85% due 11/15/84 $15,000 Received $ 15,112.05 07/05/85 $15,000 Matured -15,112.05 $0 $ 0.00 1519138414 - 29 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Penna Commonwealth 1983 8 1/4% due 12/01/92 07/06/83 $55,000 Purchased $ 55,000.00 12/01/92 $55,000 Matured -55,000.00 $0 $ 0.00 Penna. Commonwealth, 1975 6.10% due 02/15/83 $50,000 Received $ 50,183.50 02/15/83 $50,000 Matured -50,183.50 $0 $ 0.00 Penna. Commonwealth, 1976 6% due 07/15/88 $50,000 Received $ 47,077.50 07/15/88 $50,000 _ Matured -47,077.50 $0 $ 0.00 Penna. Housing Financial Agency, 1980 5 3/4% due 07/01/83 $55,000 Received $ 55,000.00 07/01/83 $55,000 Matured -55,000.00 $0 $ 0.00 1519138414 - 30 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Penna. St. Higher Ed. Facs. Auth. 6 3/4% due 06/01/87 03/17/83 $25,000 Purchased $ 25,000.00 06/01/87 $25,000 Matured -25,000.00 $0 $ 0.00 Pennsylvania St Second Series A 7.60% due 10/O1/00 10/16/87 $50,000 Purchased $ 50,000.00 10/01/97 $50,000 Full Call -50,000.00 $0 $ 0.00 Pennsylvania State 1st Series A 6.85% due 04/15/96 06/11/87 $25,000 Purchased $ 24,422.75 04/15/96 $25,000 Matured -24,422.75 $o $ 0.00 Pennsylvania State Higher Education Rev Bond 5.8% due 6/15/24 12/31/99 $25,000 Purchased $ 24,052.25 ----------------- ----------------- --------------- --------------- 1519138414 - 31 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Solanco PA School District 6.3% due 2/15/13 06/21/94 $15,000 ----------------- Purchased $ 15,075.00 Somerset PA 6.125% due 01/01/13 01/12/93 $55,000 ----------------- ----------------- Purchased $ - 54,525.90 SouthEastern PA Transportation - -- ------------- ------------- Authority Rev Bond 5.25% due 1/1/15 12/31/99 $25,000 ----------------- Purchased $ 23,988.25 U.S. Treasury Note "A" 8% due 02/15/83 $29,000 Received $ 27,731.25 02/15/83 529,000 Matured -27,731.25 $0 ----------------- $ 0.00 U.S. Treasury Note 9 1/4o due 11/30/80 $20,000 Received $ 19,987.40 12/01/80 $20,000 Matured -19,987.40 $0 ----------------- ----------------- $ -- -- 0.00 ------------- ------------- 1519138414 - 32 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value University Pittsburgh PA Higher Ed Series A 7.80% due 06/01/99 06/11/87 $25,000 Purchased $ 25,000.00 06/02/97 $25,000 Full Call -25.000.00 $0 $ 0.00 Washington County Indl. Dev. Auth. 9 1/4% due 11/01/92 06/05/84 $35,000 Purchased $ 35,000.00 06/30/88 $35,000 Sold -35,000.00 $0 $ 0.00 Air Products & Chemicals, Inc., Common 10/27/88 125 Shs. Purchased $ 5,203.13 03/09/92 125 Shs. Received as a 2 for 1 stock split 0.00 250 Shs. $ 5,203.13 04/29/98 250 Shs. Sold -5,203.13 o shs. $ o.oo 1519138414 - 33 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value AMP, Inc., Common 10/27/88 100 Shs. Purchased $ 4,200.00 06/21/89 100 Shs. Purchased 4,279.00 200 Shs. $ 8,479.00 03/02/95 200 Shs. Received as a 2 for 1 stock split 0.00 400 Shs. $ 8,479.00 08/12/98 200 Shs. Sold -2,800.00 200 Shs. $ 5,679.00 10/13/98 26 Shs. Sold -364.00 174 Shs. $ 5,315.00 04/05/99 174 Shs. Delivered in exchange for Tyco Int'1 Ltd. Common -5,315.00 0 Shs. $ 0.00 Bell Atlantic Corp oration, Common 10/27/88 75 Shs. Purchased $ 5,306.25 06/21/89 50 Shs. Purchased 4,399.25 125 Shs. $ 9,705.50 05/02/90 125 Shs. Received as a 2 for 1 stock split 0.00 250 Shs. $ 9,705.50 06/30/98 250 Shs. Received as a 2 for 1 stock split 0.00 500 Shs. $ 9,705.50 1519138414 - 34 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Bell Atlantic Corp oration Common (cont'd) 07/07/00 500 Shs. Delivered in exchange for Verizon Communications, Common ~ -9,705.50 0 -------------- -------------- Shs. --- -- $ 0.00 Bristol-M ers - S uibb Com an Common 10/27/88 100 Shs. Purchased $ 4,400.00 06/21/89 50 Shs. Purchased 2,446.25 150 Shs. $ 6,846.25 03/03/97 150 Shs. Received as a 2 for 1 stock split 0.00 300 Shs. $ 6,846.25 04/29/98 150 Shs. Sold -3,423.12 150 Shs. $ 3,423.13 03/01/99 150 Shs. Received as a 2 for 1 stock split 0.00 300 Shs. $ 3,423.13 08/08/01 0 Shs. Delivered in exchange for Zimmer Hldgs Inc., Common -165.07 300 --------------- Shs. -- $ 3,258.06 Chubb Corporation, Common 10/27/88 100 Shs. Purchased $ 5,887.50 05/31/90 100 Shs. Received as a 2 for 1 stock split 0.00 200 Shs. $ 5,887.50 1519138414 - 35 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Chubb Corporation, Common (cont'd) 05/06/96 200 Shs. Received as a 2 for 1 stock split $ 0.00 400 Shs. $ 5,887.50 04/29/98 200 Shs. Sold 200 Shs. 04/22/99 200 Shs. Rights Sold General Electric Company, Common 10/27/88 100 Shs. Purchased 06/21/89 100 Shs. Purchased 200 Shs. 05/16/94 200 Shs. Received as a 2 for 1 stock split 400 Shs. 11/03/95 235 Shs. Distributed 165 Shs. 05/12/97 165 Shs. Received as a 2 for 1 stock split 330 Shs. 04/09/99 100 Shs. Sold 230 Shs. 04/20/99 150 Shs. Sold 80 Shs. -2,943.75 $ 2,943.75 0.00 $ 2,943.75 $ 4,325.00 5,373.50 $ 9,698.50 0.00 $ 9,698.50 -5,697.87 $ 4,000.63 0.00 $ 4,000.63 -1,212.31 $ 2,788.32 -1,818.47 $ 969.85 1519138414 - 36 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value General Electric Company Common (cont'd) 05/08/00 160 Shs. Received as a 3 for 1 stock split $ 0.00 240 Shs. $ 969.85 Glatfelter P H Co Common 10/27/88 150 Shs. Purchased 03/23/92 150 Shs. Sold 0 Shs. International Business Machines Corporation, Common 10/27/88 50 Shs. Purchased 06/21/89 50 Shs. Purchased 100 Shs. 03/23/92 100 Shs. Sold 0 Shs. $ 5,193.75 -5,193.75 $ 0.00 $ 5,693.75 5,555.50 $ 11,249.25 _ -11,249.25 $ 0.00 ----------------- Newell Rubbermaid Inc., Common 03/25/99 315.32 Shs. Received in exchange for Rubbermaid Inc. Common $ 5,023.00 03/26/99 0.32 Shs. Sold 315 Shs. -5.10 $ 5,017.90 1519138414 - 37 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Rubbermaid, Inc., Common 10/27/88 200 Shs. Purchased 12/02/91 200 Shs. Received as a 2 for 1 stock split 400 Shs. 03/25/99 400 Shs. Delivered in exchange for Newell Rubbermaid Inc., Common 0 Shs. Shell Trans & Trading PLC New York Sh 10/27/88 75 Shs. Purchased 12/12/88 75 Shs. Received as a 2 for 1 stock split 150 Shs. 06/21/89 50 Shs. Purchased 200 Shs. 03/23/92 200 Shs. Sold 0 Shs. Tyco Intl Ltd, New Common 04/05/99 130.622 Shs. Received in exchange for AMP Inc., Common 04/06/99 0.622 Shs. Sold 130 Shs. Account Value $ 5,023.00 0.00 $ 5,023.00 -5,023.00 $ 0.00 $ 5,090.63 0.00 $ 5,090.63 1,918.25 $ 7,008.88 -7,008.88 $ 0.00 $ 5,315.00 -25.31 $ 5,289.6 1519138414 - 38 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Tyco Intl Ltd, New Common (cont'd) 10/22/99 130 Shs. Received as a 2 for 1 stock split $ 0.00 260 Shs. $ 5,289.69 02/04/02 260 Shs. Sold 0 Shs. Verizon Communications, Common 07/07/00 500 Shs. Received in exchange for Bell Atlantic Corporation, Common Zimmer Holdings Inc, Common 08/08/01 30 Shs. Received in exchange for Bristol-Myers Squibb Company, Common 11/28/01 30 Shs. Sold 0 Shs. CoreStates Growth & Income Equity Trust 04/08/92 324 Uts. Purchased 08/02/94 123 Uts. Sold 201 Uts. -5,289.69 $ 0.00 $ 9,705.50 --------------- --------------- $ 165.07 -165.07 $ 0.00 $ 54,383.43 -20,645.56 $ 33,737.87 1519138414 - 39 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value CoreStates Growth & Income Equit y Trust ( cont'd) 10/16/95 804 Uts. Received as a 5 for 1 stock split ~ 0.00 1,005 Uts. $ 33,737.87 07/12/99 1,005 Uts. Delivered in exchange for Evergreen Select Core E quity Fun d, Class I -33,737.87 0 -------------- Uts. --- $ 0.00 CoreStates PA Tax Exempt Trust 11/02/94 1,141 Uts. Purchased $ 9,998.31 08/02/95 3,283 Uts. Purchased 29,995.55 4,424 Uts. $ 39,993.86 08/04/97 8,556.2929 Uts. Purchased 80,000.00 12,980.2929 Uts. $ 119,993.86 01/05/99 6,138.5743 Uts. Purchased 58,000.00 19,118.8672 Uts. $ 177,993.86 06/28/99 19,118.8672 Uts. Delivered in exchange for Evergreen Pennsylvania Municipal Bond Fund, Class Y -177 993 86 0 Uts. ----------------- ----------------- $ 0.00 --------------- --------------- 1519138414 - 40 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Account Value Evergreen Pennsylvania Municipal Bond Fund, Class Y 06/28/99 15,362.679 Uts. Received in exchange for CoreStates PA Tax Exempt Trust $ 177,993.86 09/20/99 450.4504 Uts. Sold -5,218.97 14,912.2286 Uts. $ 172,774.89 11/23/99 3,639.6724 Uts. Sold -42,169.69 11,272.5562 Uts. $ 130,605.20 11/26/99 4.107 Uts. Purchased 45.09 11,276.6632 Uts. $ 130,650.29 11/26/99 3.08 Uts. Purchased 33.82 11,279.7432 Uts. $ 130,684.11 12/30/99 4,625.3469 Uts. Sold -53,588.04 6,654.3963 Uts. $ 77,096.07 04/18/00 3,216.912 Uts. Sold -37,270.29 3,437.4843 Uts. $ 39,825.78 01/17/01 1,584.507 Uts. Purchased 18,000.00 5,021.9913 Uts. $ 57,825.78 12/19/01 5,021.9913 Uts. Sold -57,825.78 0 Uts. $ 0.00 1519138414 - 41 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Evergreen Select Core Equity Fund, Class I Account Value 07/12/99 1,195.4445 Uts. Received in exchange for CoreStates Growth & Income Equity Trust $ 33,737.87 11/23/99 115.6604 Uts. Sold _ -3,264.17 1,079.7841 Uts. $ 30,473.70 12/13/99 0.417 Uts. Purchased 1,080.2011 Uts. 04/18/00 228.912 Uts. Sold 851.2891 Uts. 12/11/00 33.217 Uts. Purchased 884.5061 Uts. 01/09/01 884.5061 Uts. Sold 0 Uts. 35.63 $ 30,509.33 -6,465.42 $ 24,043.91 2,683.26 $ 26,727.17 -26,727.17 $ 0.00 1519138414 - 42 - INCOME BALANCE ON HAND TOTAL INCOME BALANCE ON HAND VALUE AT 05/31/2002 FIDUCIARY ACQUISITION VALUE $ .00 $ .00 First Union National Bank B Thomas . ~ c rth Vice Pres'de And i By: !~ Sondra Osler Trustees Prepared by: C.R.W. Examined by: T.M.C. 1519138414 - 43 - STATE OF NEW YORK SS: COUNTY OF.~>5~.: Sondra Osler, being duly sworn, declares and says that the foregoing Account, as stated is just and true to the best of her knowledge and belief. _~ l Sondra Osler Sworn to and subscribed before me this ,~~~ day o , 2002: ,i`-~ NOTARY PUBLIC ' PAMELA L. WIGGINS MY COMMISSION EXPIRES: NoraRY Pusuc, State of New York No. 01 WI6060441 Qualified in Saratog C,~ou~nt~,/,,~~~ My Commission Expires ~~~~~,y-,-~.. (SEAL j 437711.1 COMMONWEALTH OF PENNSYLVANIA: COUNTY OF ~~ SS: Thomas J. McCarthy, Vice President of First Union National Bank,Trustee, being duly sworn, declares and says that the foregoing Account, as stated, is just and true to the best of his knowledge and belief. Sworn and Subscribed to before me r `l this %~~ day of ~~~~ A.D., 2002 Notary Public Notarial Seal Sandra A. Christman, Notary Public i . Reading, Berks County s ,~~~~,~ Commission Expires Oct. 28, 2002 1519138414 -44- " v +' o ~ o ~ ~ ~ U ~ ~ ~ N d ~ y~ O ~ C~ ~^ p~ ~~~~~o~~~~~ p c.. ~-' ~ O +' ~ ~ ~' ~ ~o~~~~~~~ ~~~~~~o~~~~~~x ~ ~~ ~~~~ U ~ ~ ~ ~ y> ~ J ~ ~ `~ ~ O~~~ p U •~j U U~ U C C -~ n ~ ~ S-~ F' H ~ ~ ~ ~ ~ O ~ ~ O ~ C W U w O a', cs.~ w ~ ca `r' ~ ,~ ~ W ~ ~ d N~ z~~ O W ~ ~ ~ ~ ~ W H d ~ P-~~~ U dd cNf1~x W ~' ~ ~ z O W N~ P. Q ~ ~ ~, r-t F' Q H W ~ Q ~ W ~ ~ , ~ O ,~N~ ~ ~ . , ~ ~~ ~ W ~~O ~ '~ ~ '~ O O N w O ~U d W H O a-a° O~ ~~ ~U1 ~ U ~ ~ ~~ U ~ a M~ ~ Q 2 Q' ~' d ~., 7' p ~, U ~ , ~ ~ ~ W O r~l~ ~ W ~ O ~ N ~' ~ ~ ~ ~ W O ~ ~• O ~~ ~~ ~ H ~ ~~ H 0 U d d M d Pa P d H W c ~~~ `~~~ ~~~~ -~ ~~ ~~~ MO ~ ~ ~ ~ ~ ~ 6] ti~~'S ~ 1 .n+ ~~ ~ t.7 ~~ ~_ ~.~ ~ ~ .~ ~ ~ ~ ~ ~~, ~~ ~~~ a ~. ' ~..~,. ; b~ Q h 7 " ~~ . .,t ' ~ '~ u r- ~a t- .,. ~ Q ~ 0 y ~ ~ ~ ~'~`. Z ~a ~ ~ ® d p{es ~~ /~do~ d -~~~y iQ i~~ ~ ip ~i ~~sutW~a44~ at ~ at ~~ 1~p®sado~d ~ ~~uapl'~ p ~ aw~A ~~~ ~~~~~ CA lyti`~~~ ~~ t~~ti ~~~ RQe~i em~P e0.p #o ~ 4~ ~a~,~1 - ~~~~ o d O r Q d ~ a ` ~ L ~ N ~ ~ Q d Z C ~ ~ r--~, u ~ sa - ts , ~~ ~ ~ ~ ~~.~ ~. - ~1 J ~: ~ ~~ ----~- .~:; ' _ ,~ ~k a V ~~ f~3t: ` Stanley A. Smith Attorney ID No. 33782 Joanne Book Christine Attorney ID No. 82028 Rhoads &Sinon LLP One South Market Square P. O. Box 1146 Harrisburg, PA 1 7 108-1 146 (717)233-5731 Attorneys for Petitioner IN RE: TRUST U/A WILLIAM H. IN THE COURT OF COMMON PLEAS OF OSLER, deceased, dated March 8, :CUMBERLAND COUNTY, PENNSYLVANIA 1973, f/b/o Sondra Stark Osier :ORPHANS' COURT DIVISION No. 21-75-376 PETITION FOR APPROVAL OF RESIGNATION AND DISCHARGE OF CO-TRUSTEE AND APPOINTMENT OF SUCCESSOR CO-TRUSTEE NOW COMES Petitioner, SONDRA S. OSLER, individually and as Co-Trustee of the Trust under Agreement with William H. Osier, dated March 8, 1973, by and through her attorneys, Rhoads &Sinon LLP, and files the within Petition for Approval of Resignation and Discharge of Co-Trustee and for Appointment of Successor Co-Trustee, as follows: 1. Petitioner, Sondra Stark Osier ("Mrs. Osier") is an adult individual who resides at 23 Longwood Drive, Saratoga Springs, New York 12866. 2. Mrs. Osier is the surviving spouse of William H. Osier (the "Decedent") who died March 10, 1975, a resident of Cumberland County. 3. On March 8, 1973, the Decedent executed a Revocable Primary Life Insurance Trust Agreement (the "Trust"), a copy of which is attached hereto as Exhibit "A". 423484.1 4. Decedent named Mrs. Osier and First Pennsylvania Bank as Co-Trustees of the Trust. 5. The successor by merger to First Pennsylvania Bank is First Union National Bank ("First Union") 6. The Trust provides that in the event Mrs. Osier is unable or unwilling to serve as Co-Trustee, Kenneth R. Stark, Sr. shall serve in her place, and in the event he is deceased, Hasbrouck S. Wright is to serve in his place. 7. Kenneth R. Stark, Sr. is now deceased. 8. The Trust makes no provisions regarding a successor to the corporate Co-Trustee. 9. Pursuant to Paragraph 4 of the Trust, upon the death of the Decedent, the funds of the Trust were divided into two funds, designated as Trust A and Trust B. 10. Trust A is a Marital Trust. Pursuant to Paragraph 4(a) and (b) of the Trust, Mrs. Osier has a lifetime income interest in the Marital Trust, a discretionary right to principal, and an annual right to withdraw $50,000 or three percent (3%) of the principal, whichever is greater. 11. Pursuant to Paragraph 4(d) of the Trust, Mrs. Osier has a general testamentary power of appointment over the funds in the Marital Trust, If Mrs. Osier does not exercise her power of appointment with regard to the Marital Trust, the funds pass in the same manner as Trust B. 12. Trust B is a Residuary Trust. Pursuant to Paragraph 4(c) of the Trust, the Co- Trustees have the discretion to distribute both the income and principal from the Residuary Trust among Mrs. Osier and Decedent's children. In addition, Mrs. Osier has an annual right to -2- withdraw $5,000 or five percent (5%) of the principal from the Residuary Trust, whichever is greater. 14. Pursuant to Paragraph 4(e) of the Trust, upon the death of Mrs. Osier, any unappointed assets of the Marital Trust are to be added to the Residuary Trust. 15. Pursuant to Paragraph 4(f) of the Trust, after Mrs. Osier's death the Decedent's children have a discretionary right to income and principal from the Residuary Trust. 16. Commencing one year after the death of Mrs. Osier, the assets in the Residuary Trust are to be divided into as many equal shares as the Decedent's children and those separate shares are to be placed in trust for Decedent's children. 17. Under the separate trusts for Decedent's children, as provided in Paragraph 4(h) and (i) of the Trust, they are entitled to discretionary distributions of income and principal, and to outright distributions of the principal in the following percentages: '/a immediately upon the trust establishment; 1/3 of the balance on the fifth anniversary; '/2 of the balance on the tenth anniversary; and the remaining balance on the fifteenth anniversary. 18. If any child of Decedent dies before final distribution, her share passes to her issue per stirpes, pursuant to paragraph 4(j) of the Trust. 19. If any of the above distributions fail, Paragraph 4(k) provides that the Trust assets shall pass in specified percentages to the following contingent beneficiaries: 25% in Trust to Mary Hull O'Fallen and upon her death to Elizabeth H. Roberts and her issue per stirpes; 25% to Elizabeth H. Roberts and her issue per stirpes; and 50% to both or the survivor of Kenneth R. -3- Stark, Sr. and Dorothy R. Stark, or in the event that neither is then living to Kenneth R. Stark, Jr. and his issue per stirpes. 20. Mary O. Fallon, Elizabeth H. Roberts, Kenneth R. Stark, Sr. and Dorothy R. Stark are all deceased. 21. Elizabeth H. Roberts is survived by issue. 22. Kenneth R. Stark, Jr. is living and has living issue. 23. The interests of the contingent remainder beneficiaries under Paragraph 4(k) are remote and highly unlikely to vest, since Decedent was survived by three children who are still living and each of those children has several children. 24. Decedent and Mrs. Osier had three children: Nancy O. Derrick, Ellen O. Caldwell, and Sally O. Songster, who are all adult individuals. 25. Nancy O. Derrick has three children: James Derrick, whose date of birth is October 3, 1985 and who is now 16 years old; William Derrick, whose date of birth is March 4, 1987 and who is now 15 years old; and Thomas Derrick, whose date of birth is August 24, 1988 and who is now 13 years old. 26. Ellen O. Caldwell has two children: Neil Caldwell, whose date of birth is April 26, 1991 and who is now 11 years old; and Wade Caldwell, whose date of birth is March 18, 1993 and who is now 9 years old. 27. Sally O. Songster has three children: Robert Mumma, III, whose date of birth is May 12, 1982 and who is now 20 years old; Peter Songster, whose date of birth is January 14, -4- 1988 and who is now 14 years old; and Nicholas Songster, whose date of birth is August 18, 1997 and who is now 4 years old. 28. The interests of Sally O. Songster, Nancy O. Derrick and Ellen O. Caldwell and their minor children are identical, thus there is no need for the appointment of a guardian ad litem to represent the minor contingent remainder beneficiaries. 29. Mrs. Osler has requested that First Union resign as Co-Trustee of the Trust and First Union has agreed. First Union's resignation is attached hereto as Exhibit "B". 30. Mrs. Osler wishes to consent to First Union's resignation and nominate Nancy O. Derrick as Successor Co-Trustee. Mrs. Osler's Consent and Nomination is attached hereto as Exhibit "C". 31. Nancy O. Derrick is now 44 years old and a resident of Franklin County, Pennsylvania. She has attained designation as a Certified Financial Planner, although she does not currently maintain that designation, and is a 1979 graduate of Vanderbilt University. 32. Nancy O. Derrick consents to First Union's resignation. She is willing to serve as Co-Trustee, subject to the condition that she is released from any and all actions, claims and liability relating to the administration of the Trust prior to her appointment as Co-Trustee. Her Consent is attached hereto as Exhibit "D". 33. Sally O. Songster and Ellen O. Caldwell also consent to First Union's resignation and join in Mrs. Osler's nomination of Nancy O. Derrick as successor Co-Trustee. Their Consents and Joinders are attached hereto as Exhibit "E". -5- 34. The interests of Nancy O. Derrick, Sally O. Songster and Ellen O. Caldwell are identical to their children's interest, thus the consents of their children to this Petition are not necessary. 35. The interests of the contingent remainder beneficiaries are remote and identical to the interests of the Decedent's issue, thus notice to and the consents of the contingent remainder beneficiaries are not necessary with regard to this Petition. 36. Pursuant to 20 Pa. C.S.A. §7101, the Court, after such notice to parties in interest as it shall direct, may appoint a Trustee to fill a vacancy in the office of Trustee, subject to the provisions, if any, of the Trust. 37. As set forth above, although the Trust provides a successor for Mrs. Osler, there is no successor named to the corporate Trustee. 38. Nancy O. Derrick is qualified to serve as successor Co-Trustee, and is familiar with the administrative and fiduciary responsibilities of serving as Co-Trustee. 39. Contemporaneously herewith, First Union and Mrs. Osler have filed a First Account of Trust A, the Marital Trust, and Trust B, the Residuary Trust, and Statements of Proposed Distribution proposing distribution of the assets of both Trusts to Sondra S. Osler and Nancy O. Derrick as Co-Trustees. The Accounts cover only principal transactions. Mrs. Osler has received periodic statements of income receipts and disbursements and she and Decedent's daughters have waived the income accounting as evidenced by their consents attached hereto. 40. In Paragraph 12 of the Trust, the Decedent directed that the fiduciaries under the Trust were not required to furnish bond, or other security. -6- 41. Mrs. Osler and her daughters have excused the successor Co-Trustee, Nancy O. Derrick, from filing a bond or other security. WHEREFORE, Petitioner, Sondra Stark Osler, requests that the Court enter an order discharging First Union National Bank from its duties as Co-Trustee of the Trust under Agreement of William H. Osler, releasing Nancy O. Derrick from any and all actions, claims and liability relating to the Trust prior to her appointment as Co-Trustee, appointing Nancy O. Derrick as Co-Trustee of the Trust, excusing Nancy O. Derrick from filing a bond or other security as Co-Trustee of the Trust under Agreement of William H. Osler, and awarding the assets set forth on the Statement of Proposed Distribution for the Residuary Trust and Marital Trust to Sondra Stark Osler and Nancy O. Derrick as Co-Trustees. Date: a BROADS & SINON LLP By: tanley A. Smith, Esquire ID No. 33782 Joanne Book Christine, Esquire ID No. 82028 Rhoads & Sinon LLP One South Market Square P.O. Box 1146 Harrisburg, PA 17108-1146 Attorneys for Petitioner -7- VERIFICATION Sondra Stark Osler deposes and says subject to the penalties of 18 Pa. C.S.A. §4904 relating to unsworn falsification to authorities that the facts set forth in the Petition for Approval of Resignation and Discharge of Co-Trustee and for Appointment of Successor Co-Trustee are true and correct to the best of her knowledge, information and belief. B ~~ Y• Sondra Stazk Osler Date: ~'l7- ,~ov ~-- 17/207/17 3/8/73 REVOCABLE PRIidARY LIFE INSURANCE TRUST AGREEMENT BY THIS AGREEi~NT, WILLIAM H. OSLER, presently of Cumberland County, Pennsylvania, as Settlor, hereby establishes a Trust of primary beneficiary designations under certain policies of insurance, and Sondra Stark Osler and First Pennsylvania Bank agree to perform as Trustees hereunder and to hold said respective primary beneficiary designations, any proceeds from said insurance policies, and such additional property as may be placed in trust hereunder, subject to the terms and conditions set forth below. If ever Sondra Stark Osler is unable or unwilling to serve or continue serving as a Trustee, Kenneth R. Stark, Sr., shall serve in her place, and if he is unable or unwilling so to serve or to continue so serving, Hasbrouck S. Wright shall serve in his place, and if he is unable or unwilling so to serve or to continue so serving, no successor shall be appointed to serve in his place. 1. The Settlor has applied for and has had issued to himself the policies of insurance on his life listed in Appendix A hereto. The primary beneficiary of the policies has been designated as "'Sondra Stark Osler and First Pennsylvania Bank as Trustees ~/~ under an Agreement of Trust dated M6.-G~+ ~~ 1973." Said policies and the proceeds thereof shall form the initial principal of the Trust established herein. 2. During the lifetime of the Settlor, the relationship between him and the fiduciary (s) hereunder shall be as follows; (a) The Trust may be revoked by the Settlor ~ by five (5) days' written notice to the fiduciary (s) hereunder, and in case of such revocation, all property then held in trust shall be given over to him. The Trust may be altered or amended by agreement between the Settlor and the fiduciary (s) hereunder. (b) All incidents of ownership including, but not by way of limitation, the right to change the beneficiary of the policies held in trust shall at all times be held by the Settlor. (c) The Settlor shall at all times have the right to possession and use of said policies without limitation of any type, including the right to sell, pledge, assign, receive the cash surrender value or otherwise dispose of them without any liability to account for the proceeds of any such disposition. (d) All premiums on the policies shall be paid by the Settlor, and the fiduciary (s) hereunder shall not in any way be liable for the failure to make such payments or for any loss in value of the policies which may result from such failure. The Settlor does not by this agreement in any way obligate himself to make any premium payment, and no such payment may be enforced by the fiduciary (s) hereunder or any beneficiary hereunder. Any dividends or other receipts of account of said policies shall be the property of the Settlor. 3. In addition to such other powers as may be given in this agreement, the fiduciary (s) hereunder shall have the power with regard to the policies placed in trust herein or of which they are the beneficiaries in accordance with the terms ~ of this agreement to make all necessary proofs of death under said policies, to execute any receipts for the proceeds thereof, - 2 - unproductive property is held in Trust A at any time, the Settlor's wife shall have the power to require the fiduciary (s) hereunder either to make the property productive or to dispose of it and reinvest the proceeds in productive property within a reasonable time. (c) To pay to or for the benefit of the Settlor's wife or to or for the benefit of the Settlor's children, as the case may be, from time to time, such portions of the income and principal of Trust B as may be necessary to support the Settlor's wife and the dependent children of the Settlor, as the case may be, in their accustomed manner of living, to meet the Settlor's wife's and the Settlor's dependent children's medical, dental, hospital and nursing expenses, and expenses of invalidism, and to meet the expenses of education, including college and professional educations, for the children of the Settlor. In determining whether to make distributions under this Subparagraph (c) from Trust B, the fiduciary (s) hereunder shall consider such other resources as may be available to the Settlor's wife and children, and particularly as to the Settlor's wife, any amounts available to her under Trust A hereof. The Settlor's wi±e shall not participate in any decision affecting the making of any invasion from Trust B for her benefit ~ or for the benefit of anyone she is legally . . obligated to support. The foregoing provisions of this Subparagraph (c) notwithstanding, the wife - 5 - and to institute any actions to collect said proceeds, provided, however, that the fiduciary (s) hereunder need not institute any action unless they shall have been indemnified against all expenses and liabilities to which they may become subject as a result thereof. If, however, the fiduciary (s) hereunder desire to institute such action without indemnification, they are hereby authorized to reimburse themselves for all expenses and liabilities incurred as a result thereof from any accounts which may be held in trust hereunder then or thereafter. 4. The primary purpose for the establishment of this r Trust is to provide for the wife and children of the Settlor in the event of his death. The Settlor anticipates that a major portion of his estate may be administered hereunder as a result of bequests in his will to the fiduciary (s) hereunder. If the Settlor's wife, Sondra Stark Osler, survives him, then at the death of the Settlor, the total property held hereunder, including property received from the estate of the Settlor, shall be divided into two parts. One of the parts, which shall be called Trust A, shall include an amount equal to the maximum marital deduction available in determining the Federal Estate Tax on the estate of the Settlor, after taking into account all other items of the Settlor's gross estate, whether passing under his will, this instrument, or otherwise that qualify for said deduction. In valuing the assets passing to Trust A, the value of the assets on the date of distribution to Trust A shall control, and only assets that qualify for the marital deduction shall be included in Trust A. The remaining property passing hereunder shal?. be included in a separate trust which shall be called Trust B. If the Settlor's wife does not survive him, then all of the property passing hereunder shall be included in Trust B and there shall be no Trust A. - 3 - The property in Trust A and Trust B shall be held in trust by the fiduciary (s) hereunder for the following purposes and subject to the following terms and conditions: (a) To pay the net income from Trust A to the Settlor's wife for her lifetime in such installments, but not less frequently than monthly, as they may determine. (b) To pay to or for the benefit of the wife of the Settlor from time to time such portions of the principal of Trust A as may be necessary in the discretion of the fiduciary (s) hereunder to support her in her accustomed manner of living and to meet her medical, dental, hospital and nursing expenses, and expenses of invalidism, provided, however, that the foregoing provisions of this Subparagraph (b) notwithstanding, the wife of the Settlor during her lifetime may in her sole discretion demand that she be paid from the principal of Trust A during any one calendar year of the existence.of Trust A, an amount not in excess of Fifty Thousand Dollars ($50,000) or three percent (3$) of the value of the principal of Trust A as of January 1 of the calendar year during which the request is made, whichever is greater. The unlimited right permitted the Settlor's wife in the next preceding sentence to take from the principal of Trust A shall not be cumulative if not exercised and the right must be r exercised by notice in writing to the corporate fiduciary hereunder before December 31 of the calendar year to which the right applies. If any - 4 - of the Settlor during her lifetime may in her sole discretion demand that she be paid from the principal of Trust B during any one calendar year of the existence of Trust B, an amount not in excess of Five Thousand Dollars ($5,000) or five percent (5$} of the value of the principal of Trust B as of January 1 of the year during which the request is made, whichever is greater. The unlimited right permitted the Settlor's wife in the next preceding sentence to take from the principal of Trust B shall not be cumulative if not exercised and the right must be exercised by notice in writing to the corporate fiduciary hereunder before December 31 of the calendar year to which the right applies. There shall be no restriction as to the use the Settlor's wife may make of any distribution hereunder for her benefit. (d) At the death of the Settlor's wife, to distribute the total sum then held in Trust A as she may by her will appoint. The power to make such appointment, the conditions to which it may be made subject, and the permissible beneficiaries, including her estate, shall be without restriction or qualification of any kind. The power of appointment shall be exercisable by the Settlor's wife alone and in all events. There shall be no power in any person other than the Settlor's ~ wife to appoint any par* '` the ^Y~ncira'. oassinq under this section to any person other than the Settlor's 6 - wife. Zn addition to the methods provided by law, this power may be released in whole or in part during the lifetime of the Settlor's wife by an instrument acknowledged by her and filed in any court which has granted probate of the estate of the Settlor. (e) At the death of the Settlor's wife, if she survives the Settlor and fails effectively to exercise her power of appointment under Subparagraph (d) above, to add and combine the fund in Trust A to and with the property in Trust B and to administer and distribute the £und from Trust A thereafter in Trust B, in the same manner as the property originally in Trust B. If the Settlor's wife fails effectively to exercise her power of appointment, the following taxes and expenses shall be paid out of the unappointed principal of Trust A to the fiduciary (s) of the estate of the Settlor's wife, whose written statement to the fiduciary (s) hereunder as to the amounts thus payable may be accepted by the fiduciary (s) hereunder as being correct, namely: (1) any increase in estate or other death taxes caused by the Settlor's wife possessing the power of appointment created by Subparagraph (d) above; and (2) any increase in administration expenses in the estate of the Settlor's wife resulting from inclusion therein of the unappointed principal. (f) At the death of the Settlor's wife if she survives the Settlor, or at the death of the Settlor - ? - of age, or at the end of said one year period as to each child of the Settlor who has by then already attained twenty-five (25) years of age, to establish the market value of the assets then held in Trust B and from said assets to create a separate trust for said child of the Settlor from the assets then held in Trust B, the separate trust to receive from said total assets then remaining in Trust B, assets with a market value equal to such proportion of the market value of the total assets then remaining in Trust B determined by multiplying such total market value by a fraction the numerator of which is one and the denominator of which is the number of children of the Settlor on account of whom a separate trust as aforesaid has not theretofore been established. If any child of the Settlor dies before attaining twenty-five (25) years of age and is survived by living children at the time when said deceased child of the Settlor would otherwise have attained twenty- five (25) years of age, a separate trust shall be established for such children of said deceased child of the Settlor in the same fashion as would have been established a separate trust for said deceased child if said deceased child were then living. Any separate trust so established for the children of a deceased child of the Settlor shall be further subdivided into equal sub-trusts for the children of the deceased r child of the Settlor. Immediately upon the establishement of a separate trust for a child of the Settlor there shall be distributed to such child one-quarter thereof. - 9 - r The remainder of each such separate trust for a child and subsequently distributed and any such separate trust for a child of a deceased child of the Settlor shall be administered for such child and subsequently distributed, all as hereinafter provided. If a child of the Settlor dies before attaining twenty-five (25) years of age and if at the time said deceased child of the Settlor would otherwise have attained twenty-five (25) years of age there are no children them living of said deceased child of the Settlor, there shall be distributed to each child of the Settlor for whom a separate trust as aforesaid has theretofore been established (or ger stirpes to the issue of any such child if such child died subsequent to the establishment of a separate trust for him), assets with a value equal to such proportion of the amount which would have been placed in separate trust for said deceased child of the Settlor had such child been living determined by multiplying such amount by a fraction the numerator of which is one and the denominator of which is the total number of children of the Settlor, not counting children of the Settlor who died before attaining twenty-five (25) years of age and who were not survived by children living at the time they would otherwise have attained twenty-five (25) years of age. (h) To pay to each beneficiary of a separate trust created under Subparagrpah (g) above such portion of the net income or principal of his trust - 10 - as may from time to time be necessary to enable him to maintain a reasonably comfortable standard of living, to meet the costs of his collegiate and professional educations, and to meet his expenses ,_ of an unusual or emergency nature, such as those arising from serious illness, physical incapacity or the like. In making a determination under this Subparagraph (h) it is the intention of the Settlor that all sources of support available to the beneficiary shall be taken into account in de*_ermining whether to make any given invasion. (i) To pay to each beneficiary of a separate trust created under Subparagraph (g) above for a child of the Settlor, one-third of the separate trust for the child's benefit on the fifth anniversary of the separate trust, one-half of the remaining balance on the tenth anniversary of the child's separate trust and the entire remaining balance thereof on the fifteenth anniversary of the child's separate trust, and, to pay to each beneficiary of a separate trust created under Subparagraph (g) for other than a child of the Settlor, one-half of the sum then held in separate trust for him when he attains twenty-five (25) years of age and the remaining sum then held in separate trust for him when he attains thirty (30) years of age. (j) If any beneficiary for whom a separate trust has been established under Subparagraph (g) r above shuulu uie before receiving the entire amount held in separate trust for him, to distribute such - 11 - amount as he has not received, per stirpes to his issue, or if he has no issue, to distribute such amount per stirpes to the issue of the Settlor, the share of any one of said issue of the Settlor ~~ who is then the beneficiary of a trust created under this instrument being added to and administered as part of such trust. (k) If at any time this Trust or any separate trust created herein would otherwise fail because of the failure of any beneficiary (s) therefor heretofore herein named, to distribute the assets thereof as follows: (1) Twenty-five percent (25~) shall be held in a separate trust for the benefit of Mary Hull O'Fallon, presently of Vika's Nursing Home, Ambler, Pennsylvania, to support her in her accustomed manner of living and to meet her medical, dental, hospital and nursing expenses and expenses of in- validism, and at her death the assets of such separate trust shall be distributed to Mrs. Elizabeth H. Roberts, presently of Villanova, Pennsylvania, and her issue per stirpes. (2) Twenty-five percent (25~) to Mrs. Elizabeth H. Roberts and her issue per stirpes. {3) Fifty percent (50~) to both or the ~ survivor then living of, Kenneth R. Stark, Sr., and Dorothy R. Stark, his wife, and if neither of said persons is then living, to Kenneth R. Stark, Jr., and his issue per stirpes. - 12 - 5. The foregoing provisions of this Trust notwithstand- ing if any portion of this Trust has not permanently vested in interest within twenty-one (21) years after the death of the last to die of the Settlor, the Settlor's wife as of the date of this Trust, or any child of the Settlor, such portion(s) of this Trust shall then terminate and the same shall be distributed equally to the beneficiary (s) then entitled to the income thereof. 6. Zn addition to such other powers and duties as may have been granted elsewhere in this Agreement, or which may be granted by law, the fiduciary (s) hereunder shall have the following powers and dutiesc (a) To retain all or any part of the property of the Settlor, real or personal, in the form in which it may be at the time of its receipt, including any business owned or controlled by the Settlor, so long as in the exercise of their discretion it may be advisable so to do, notwithstanding that said property may not be of a character authorized by law. (b) To invest and reinvest any funds in the Trust in any property, real or personal, including, but not by way of limitation, bonds, preferred stocks, common stocks, and other securities of domestic or foreign corporations or investment trusts, mortgage or mortgage participations ar,d wasting investments, even though such property, by reason of its character, amount, proportion to the total trust estate, or otherwise, would not be considered appropriate, or legal for a fiduciary (s) apart from this provision. (c) To sell, convey, exchange, partition, give options upon, or otherwise dispose of any property, - 13 - real or personal, at any time held by them, at public or private sale or otherwise, for cash or other con- sideration or on credit, and upon such terms and for such price as they may determine, and to convey such property free of all trusts. (d) To borrow money for any purpose in connec- tion with the administration of the Trust, to execute promissory notes or other obligations for amounts by mortgages or pledges of any property, real or personal, which may be included in the Trust. (e) To make loans, secured or unsecured in such amounts, upon such terms, at such rates of interest, and to such persons, firms or corporations as they may deem advisable. (f) To renew or extend the time for payment of any obligation, secured or unsecured, payable to or by the Trust, for as long a period or periods of time and on such terms as they may determine, and to adjust, settle and arbitrate claims or demands in favor of or against the Trust. (g) In distributing any property, real or personal included herein, to distribute in cash, in kind, or partly in cash and partly in kind as they may determine, and to allot specific securities or other property or an undivided interest therein to any sha:-e or part. (h) To hold, manage, and develop any real estate which may be held by them at any time, to mortgage r any. such property in such amounts and on such terms as they may deem advisable, to lease any such property for such term or terms, and upon such conditions and - 14 - rentals as they may deem advisable, irrespective of whether the term of any such lease shall exceed the period permitted by law or the probable period of retention under this instrument; to make repairs, replacements and improvements, structural or otherwise, in connec- tion with any such property, to abandon any such property which they may deem to be worthless or not of sufficient value to warrant keeping or protecting, and to permit any such property to be lost by tax sale or any other proceeding. (i) To employ such brokers, banks, custodians, investment counsel, attorneys, and other agents, and to delegate to them such duties, rights and powers as they may determine, and for such periods as they think fit. (j) To register any securities at any time in their own names, in their names as fiduciary (s) or in the names of nominees, with or without indicating the trust character of the securities so registered. (k) With respect to any securities forming part of the Trust, to vote upon any proposition or election at any meeting of the corporation issuing such securities, and to grant proxies, discretionary or otherwise, to vote at any such meeting; to join or become a party to any reorganization, readjustment, merger, voting trust, consolidation or exchange, and to deposit any, such securities with any committee, depository, trustee ~ or ~'-'~erwiG~ and to pay out of the Trust created herein, any fees, expenses, and assessments incurred in connec- tion therewith; to exercise conversion, subscription - 15 - or other rights and to receive or hold any new securities issued as a result of any such reorganization, readjust- ment, merger, voting trust, consolidation, subscription or other rights and generally to take ail action with respect to any such securities as could be taken by the absolute owner thereof. (1) To receive such other property, including, but not limited to, other policies of insurance and/or the proceeds thereof upon the life of the Settlor, as may from time to time be deposited with them by the Settlor, his estate, or his spouse or her estate, and to administer such property including such policies and the proceeds thereof in accordance with the terms of this agreement. 7. Notwithstanding any powers granted to the fiduciary(s) hereunder by the foregoing paragraphs or any other provisions of this instrument, the fiduciary (s) hereunder are directed to manage, invest and otherwise administer the principal of Trust A in such a manner that the Trust will qualify for the marital deduction for Federal Estate Tax purposes. 8. The fiduciary (s) hereunder may, if they deem it necessary or advisable for the protection of the estate of the Settlor or the estate of the 5ettlor's wife, lend money to their executors or administrators, without security, upon their note, in such amount or amounts, and payable at such time or times and at such rates of interest as the fiduciary (s) hereunder shall deem proper; and the fiduciary (s) hereunder may with trust funds ~ purchase, at the market value thereof at the time of purchase, any securities or other property tendered to them by the executors or administrators of such estates, at any time and from time to time within a period of nine (9) months after the deaths of - 16 - the Settlor or his wife, as the case may be. If there shall be any difference of opinion as to the market value of such property, it shall be fixed by the executors or administrators of the Settlor's estate or the 5ettlor's wife's estate, as the case may be, and their determination as to such value shall be conclusively binding upon all persons claiming under this Agreement. 9. No interest of any beneficiary of this trust shall be subject to anticipation or to pledge, assignment, sale or transfer in any manner, nor shall any beneficiary have power in any manner to charge or encumber his interest nor shall the interest of any beneficiary be liable or subject in any manner while in the possession of the fiduciary (s) hereunder for any liability of such beneficiary, whether such liability arises from his debts, contracts, torts or other engagements of any type. 10. All estate, inheritance and succession taxes that may be assessed in consequence of the death of the Settlor, of whatever nature and by whatever jurisdiction imposed, may be paid out of the principal of Trust B created in Paragraph 4 hereof to the same effect as if the taxes were expenses of administration chargeable to said Trust B, and all other property includible in the gross estate of the Settlor, whether or not passing hereunder, shall be free and clear thereof. Taxes on future interests may be prepaid in the discretion of the fiduciary (s) hereunder and of the Settlor's estate. 11. Any amounts which are payable hereunder to a minor, or to a person otherwise under legal disability, or to a person not adjudicated incompetent, but who, by reason of illness or ~ mental or physical disability is, in the opinion of the fiduciary (s) hereunder, unable properly to administer such amounts, may be paid by the fiduciary (s) hereunder in their sole discretion in - 17 - such of the following ways as they deem best: (a) directly to such a beneficiary; (b) to a legally appointed guardian of such a beneficiary for the benefit of such beneficiary; (c) to a person having custody of such a beneficiary for the benefit of such ' beneficiary; (d) by the fiduciaryes) hereunder using such amounts directly for the benefit of such a beneficiary. Evidence of the application or payment of an amount in such a manner shall be a full and complete discharge of the fiduciary(s) hereunder to the extent of such payment or application. This Paragraph shall be applicable to payments of income as well as principal. 12. The fiduciary (s) hereunder shall serve as guardians of the progerty of any minor beneficiaries hereunder. No individual fiduciary shall be liable for *,he acts, omissions or defaults of any agent appointed with due care or of any co-fiduciary. The fiduciaries hereunder shall not be required to furnish bond or other security for the proper performance of their duties and no fiduciary hereunder shall be prevented from acting by reason of any rule of law relating to conflicts of interest which might otherwise be applicable. 13. In the event that any assets hereunder are to be r allocated to a separate part or trust hereunder and if such assets will immediately distribute upon the creation of the separate part or trust, such assets shall be distributed by the fiduciary(s) hereunder in exactly the same manner as provided for in the involved separate part or trust. 14. If the Settlor and his wife should die under such circumstances that it cannot be determined which of them died first, she shall be deemed to have survived the Settlor for all purposes hereunder. - 18 - 15. The masculine gender shall be deemed to include 16. The foregoing provisions of this Trust to the contrary the feminine gender herein where the context so requires, and the singular shall be deemed to include the plural where the context so requires. notwithstanding, no part of any amount paid to this Trust which is not subject to Federal Estate Tax as the result of the death of the Settlor because paid pursuant to a deferred compensation arrangement qualified as exempt from federal estate tax under the Internal Revenue Code or Pennsylvania inheritance tax shall be used to pay any expenses for administering the estate of the Settlor, to pay any claims (including claims for taxes) against the estate of the Settlor, or be expended in any other way related to the estate of the Settlor, and shall be allocated to Trust B hereunder. 17. This Trust shall be administered and interpreted t in accordance with the laws of the Commonwealth of Pennsylvania. • IN WITNESS WHEREOF, the Settlor and Trustee have hereunder set their hands and seals this ~~day of .~~~ 1973. WITNE A o_ - ~~ SETTLOR: (SEAL) WIL IAf9 H. OSL R WIT ~, `ATTEST: ~ L A:;SIST~,\'_' ~L:cr~,1T~LRY _~ \ ~, TRUSTEES; `` Jj so sTARx osLE' FIP~ flE:~;'!SYLVAt~IA P.r,?~K! ~~ ,,~ - /~ ^ ~~/ i /' C. _ri I ~SY / ~'~~/ ~i~ _l x~- ~= ~ \ `"_~°• - 19 - Attorney ID No. 33782 Joanne Book Christine Attorney ID No. 82028 Rhoads & Sinon LLP One South Market Square P. O. Box 1146 Harrisburg, PA [7108-1146 (717)233-5731 Attorneys for Petitioner IN RE: TRUST U/A WILLIAM H. IN THE COURT OF COMMON PLEAS OF OSLER, deceased, dated March 8, :CUMBERLAND COUNTY, PENNSYLVANIA 1973, f/b/o Sondra Stark Osler :ORPHANS' COURT DIVISION No. 21-75-376 RESIGNATION OF TRUSTEE AND NOMINATION OF SUCCESSOR CO-TRUSTEE KNOW ALL MEN BY THESE PRESENTS, that effective upon the issuance of Orders by the Orphans' Court Division of the Court of Common Pleas of Cumberland County discharging it from its duties as Co-Trustee of the Trust under Agreement with William H. Osler dated March 8, 1973 (the "Trust") and confirming the First and Final Accounts of the Marital Trust and Residuary Trust under said Trust Agreement by First Union National Bank and Sondra Stark Osler as Co-Trustees, First Union National Bank hereby resigns as Co-Trustee of the Trust and nominates Nancy O. Derrick as Co-Trustee of the Trust. IN WITNESS WHEREOF, First Union National Bank has caused this document to be executed by its duly authorized officer this `5 ~ day of _, 2002. ATTEST i~(~. FIRST UNION NATIONAL BANK By: (Vice) Pre ' n 423532.1 COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF ) 7h On this, the ~~ day of , 200a, before me, the undersigned officer, personally appeared ~ ~~ %~ ~ ~~ ,who acknowledged himself/13erself to be 1 (~ ( / ~,~,~,,,, ~ ~,~ of First Union National Bank, a national bank, and that he/she, as such ~~,. r~,„~_..~ ,being authorized to do so, executed the foregoing instrument for the purposes therein contained by signing the name of the bank by himself/l~erse~f as ~~,_~,~ IN WITNESS WHEREOF, I hereunto set my hand and official seal. ~, - -- Notary Public My Commission Expires: (SEAL) Notarial Seal Sandra A. Christman, Notary Public Reading, Berks County 2002 My Commission Expires Gct. 2II, ,~.. ~,.~rP. ,~ ASSOC~~all(+;'~ ~l ~~~f1h!"]Y,S `E . F,~ Further, I excuse Nancy O. Derrick from posting or filing any bond or security in connection with her service as Co-Trustee of the Trust. IN WITNESS WHEREOF, I have hereunto set my hand and seal this ~~7~ day of 2002. ~r ~~ ~ -` ~ Witness j' / 1 ~__.. ~_- ondra Stark Osler -2- ~,rc~t~, ~~ns~ ~/a.n+ a, ~T-~E OF aT~~~ ) { ) SS: COUNTY OF C~~~/~ ) On this, the ~ ~~ day of i~GLU , 2002, before me, the undersigned y officer, personally appeared SONDRA STARK OSLER, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Notary Public , j My Commission Expires: ~' ~~ ~7 (SEAL) N07ARIAL SEAL Jean H. Kel{y, Notary Public Wormleysburg Borough, County of Cumber{atxl My Commission Expires June 19, 2004 Attorney ID No. 33782 Joanne Book Christine Attorney ID No. 82028 Rhoads & Sinon LLP One South Mazket Square P. O. Box 1146 Harrisburg, PA 17108-1146 (717) 233-5731 Attorneys for Petitioner IN RE: TRUST U/A WILLIAM H. IN THE COURT OF COMMON PLEAS OF OSLER, deceased, dated March 8, :CUMBERLAND COUNTY, PENNSYLVANIA 1973, f/b/o Sondra Stark Osler :ORPHANS' COURT DIVISION No. 21-75-376 CONSENT AND WAIVER KNOW ALL MEN BY THESE PRESENTS, that I, Sondra Stark Osler, as life tenant and Co-Trustee of the Trust under Agreement with William H. Osler dated March 8, 1973 (the "Trust"), hereby consent to the resignation and discharge of First Union National Bank as Co- Trustee of the Trust, and consent to the appointment of Nancy O. Derrick as Successor Co- Trustee of the Trust. I further declare, intending to be legally bound hereby, that I have received periodic statements of income receipts, distributions and disbursements and that I hereby waive my right to require the filing of an Account of income receipts, distributions and disbursements in any Court of Common Pleas having jurisdiction over the same. 423536.1 Attorney ID No. 33782 Joanne Book Christine Attorney ID No. 82028 Rhoads & Sinon LLP One South Market Square P. O. Box ] 146 Harrisburg, PA 17108-1146 (717)233-5731 Attorneys for Petitioner IN RE: TRUST U/A WILLIAM H. IN THE COURT OF COMMON PLEAS OF OSLER, deceased, dated March 8, :CUMBERLAND COUNTY, PENNSYLVANIA 1973, f/b/o Sondra Stark Osler :ORPHANS' COURT DIVISION No. 21-75-376 CONSENT AND WAIVER KNOW ALL MEN BY THESE PRESENTS, that I, Nancy O. Derrick, as a remainder beneficiary of the Trust under Agreement with William H. Osler dated March 8, 1973 (the "Trust"), hereby consent to the resignation and discharge of First Union National Bank as Co- Trustee of the Trust. I further declare, intending to be legally bound hereby, that I hereby waive my right to require the filing of an Account of income receipts, distributions and disbursements in any Court of Common Pleas having jurisdiction over the same. I further state that subject to the issuance of an Order by the Orphans' Court Division of the Court of Common Pleas of Cumberland County that I am released from any and all actions, claims and liability relating to the Trust prior to my appointment as Successor Co-Trustee thereof 423534.1 and excused from filing any bond or other security, I hereby consent to the appointment of myself as Successor Co-Trustee of the Trust. IN WITNESS WHEREOF, I have hereunto set my hand and seal this ~ <-~ day of 'w\ ~>, -.l_ , 2002. ,~ ,~ _ ~ ~ Witness Nancy O. Derrick -2- COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF ~ rG~.~-`) r~ ) On this, the ~ day of , 2002, before me, the undersigned officer, personally appeared NANCY O. DE ICK, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Notary Public My Commission Expires: (SEAL) ~ ~~°"~'~ NO.x.R;AL ~,~=AL ~ 7RAC Y N P ~A~21 ~'J ti ~ `AKY PUS LI ~ '; WA.YNr SL~ORO r ~-~^ k' !N Cpl ~~ Y P~ 1 Attorney ID No. 33782 Joanne Book Christine Attorney ID No. 82028 Rhoads & Sinon LLP One South Market Square P. O. Box 1]46 Harrisburg, PA 17108-1146 (717)233-5731 Attorneys for Petitioner IN RE: TRUST U/A WILLIAM H. IN THE COURT OF COMMON PLEAS OF OSLER, deceased, dated March 8, :CUMBERLAND COUNTY, PENNSYLVANIA 1973, f/b/o Sondra Stark Osler :ORPHANS' COURT DIVISION No. 21-75-376 CONSENT AND WAIVER KNOW ALL MEN BY THESE PRESENTS, that I, Sally O. Songster, as a remainder beneficiary of the Trust under Agreement with William H. Osler dated March 8, 1973 (the "Trust"), hereby consent to the resignation and discharge of First Union National Bank as Co- Trustee of the Trust, and consent to the appointment of Nancy O. Derrick as Successor Co- Trustee of the Trust. I further declare, intending to be legally bound hereby, that I hereby waive my right to require the filing of an Account of income receipts, distributions and disbursements in any Court of Common Pleas having jurisdiction over the same. 423536.3 Further, I excuse Nancy O. Derrick from posting or filing any bond or security in connection with her service as Co-Trustee of the Trust. ~~ IN WITNESS WHEREOF, I have hereunto set my hand and seal this ~ day of i ~ , 2002. Wit ess d Sally O ongster i -2- COMMONWEALTH OF PENNSYLVANIA ) COUNTY OF C~~y~~~I-~~~ ~ SS: On this, the ~ day of ~ G~ ~-( , 2002, before me, the undersigned officer, personally appeared SALLY O. SONGSTER, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Notary Public My Commission Expires:,~~-l/-~,~ (SEAL) Notarial Seal Anne Carmody, Notary Public Meohaniceburg Boro, Cumberland County My Commiselon Expires Expires Mar.1 t, 2006 Attorney ID No. 33782 Joanne Book Christine Attorney ID No. 82028 Rhoads & Sinon LLP One South Market Square P. O. Box 1146 Harrisburg, PA 17108-1146 (717)233-5731 Attorneys for Petitioner IN RE: TRUST U/A WILLIAM H. IN THE COURT OF COMMON PLEAS OF OSLER, deceased, dated March 8, :CUMBERLAND COUNTY, PENNSYLVANIA 1973, f/b/o Sondra Stark Osler :ORPHANS' COURT DIVISION No. 21-75-376 CONSENT AND WAIVER KNOW ALL MEN BY THESE PRESENTS, that I, Ellen O. Caldwell, as a remainder beneficiary of the Trust under Agreement with William H. Osler dated March 8, 1973 (the "Trust"), hereby consent to the resignation and discharge of First Union National Bank as Co- Trustee of the Trust, and consent to the appointment of Nancy O. Derrick as Successor Co- Trustee of the Trust. I further declare, intending to be legally bound hereby, that I hereby waive my right to require the filing of an Account of income receipts, distributions and disbursements in any Court of Common Pleas having jurisdiction over the same. 423536.2 Further, I excuse Nancy O. Derrick from posting or filing any bond or security in connection with her service as Co-Trustee of the Trust. IN WITNESS WHEREOF, I have hereunto set my hand and seal this /' 7 ~ day of ~. , 2002. n ~` ~, Witness <~) Ellen O. Caldwell -2- COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF Ck~ ~~ ) On this, the 1'7 ~`' day of , 2002, before me, the undersigned officer, personally appeared ELLEN O. CALDWELL, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. ~ ¢~_ ~ Notary Public My Commission Expires: (~'1 q`py (SEAL) NOTARIAL SEAL Jean H. Kelly, Notary Public Wormleysburg Borough, County of Cumberland My Commission Expires June 19, 2004 CERTIFICATE OF SERVICE I hereby certify that on this .- ,~1~ day of_) ~( ~ ~ / , 2002, a true and correct copy of the foregoing Petition for Approval of Resignation and Discharge of Co-Trustee and for Appointment of Successor Co-Trustee was served by means of United States mail, certified, return receipt requested, upon the following: First Union National Bank 600 Penn Street Reading, PA 19602 Attention: Thomas McCarthy William Derrick c/o Nancy O. Derrick 45 Eastland Circle Waynesboro, PA 17268 Peter Songster c/o Sally O. Songster 19 East Marble Street Mechanicsburg, PA 17055 Sondra Osler 23 Longwood Drive Saratoga Springs, NY 12866 Nancy O. Derrick 45 Eastland Circle Waynesboro, PA 17268 Ellen O. Caldwell 11 Westwind Drive Lemoyne, PA 17043 Sally O. Songster 19 E. Marble Street Mechanicsburg, PA 17055 James Derrick c/o Nancy O. Derrick 45 Eastland Circle Waynesboro, PA 17268 Thomas Derrick c/o Nancy O. Derrick 45 Eastland Circle Waynesboro, PA 17268 Neil Caldwell c/o Ellen O. Caldwell 11 Westwind Drive Lemoyne, PA 17043 Wade Caldwell c/o Ellen O. Caldwell 11 Westwind Drive Lemoyne, PA 17043 Robert Mumma, III 19 E. Marble Street Mechanicsburg,, PA 17055 Nicholas Songster c/o Sally O. Songster 19 East Marble Street Mechanicsburg, PA 17055 James Derrick 45 Eastland Circle Waynesboro, PA 17268 William Derrick 45 Eastland Circle Waynesboro, PA 17268 Thomas Derrick 45 Eastland Circle Waynesboro, PA 17268 Peter Songster 19 East Marble Street Mechanicsburg, PA 17055 ~' c / IN RE: TRUST U/A WILLIAM H. IN THE COURT OF COMMON PLEAS OF OSLER, deceased, dated March 8, :CUMBERLAND COUNTY, PENNSYLVANIA 1973, f/b/o Sondra Stark Osler :ORPHANS' COURT DIVISION No. 21-75-376 ORDER AND NOW, this ~ day of , 2002, upon consideration of the Petition for Approval of Resignation and barge of Co-Trustee and for Appointment of Successor Co-Trustee filed by Sondra Stark Osler, and upon the final confirmation of the First Accounts of the Marital Trust and Residuary Trust under Trust Agreement with William H. Osler dated March 8, 1973, filed by First Union National Bank and Sondra Stark Osler, Co- Trustees, it is hereby ORDERED AND DECREED that: 1. The resignation of First National Bank is hereby accepted and it is forever discharged from its duties as Co-Trustee of the Trust under Agreement with William H. Osler dated March 8, 1973 (the "Trust"). 2. Nancy O. Derrick is hereby appointed as Co-Trustee of the Trust to serve together with Sondra Stark Osler, Co-Trustee, and is excused from filing a bond or other security. 3. Nancy O. Derrick is hereby released from any and all actions, claims and liability relating to said Trust occurring or arising prior to her appointment as Co-Trustee. 4. Sondra Stark Osler and Nancy O. Derrick are awarded as Co-Trustees the assets specified in the Statements of Proposed Distribution for the Residuary Trust and Marital Trust filed with the First Accounts of the Residuary Trust and Marital Trust, for further administration according to the terms of the Trust.