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Home My WebLink About64-1495COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION N0. 1495 TRUST UNDER THE WILL OF SAMUEL C. HERTZLER F/B/0 EVELYN R. HERTZLER FIRST AND FINAL ACCOUNT OF Allfirst Trust Company of Pennsylvania, NA, Trustee Dates of Deaths for: Samuel C. Hertzler July 26, 1964 Evelyn R. Hertzler April 29, 2000 Date of Trustee's first receipt of funds: June 1, 19$9 Accounting for the Period: June 1, 1989 to October 1, 2001 Purpose of Account: Allfirst Trust Company cf Pennsylvania, NA, Trustee, offers this account to acquaint interested parties with the transactions that have occurred during this administration. It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with: Allfirst Trust Company of Pennsylvania, NA 8 W. High Street Carlisle, PA 17013-2923 (717) 240-6710 Or Martson, Deardorff, Williams & Otto 10 E. High Street Carlisle, PA 17013 SUMMARY OF ACCOUNT Trust Under the Wi11 of Samuel C. Hertzler F/B/0 Evelyn R. Hertzler For Period of 07/26/1964 through 10/01/2001 Proposed Distributions to Beneficiaries PRINCIPAL Receipts: This Account Net Gain (or Loss) on Sales or Other Disposition Page 26 Current Value Fiduciary Acquisition Value 123,323.56 Less Disbursements: General Disbursements Reserves Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand For Information: Investments Made Changes in Investment Holdings INCOME Receipts: This Account Net Gain (or Loss) on Sales or Other Disposition Less Disbursements Balance Before Distribution Distributions to Beneficiaries Income Balance on Hand For Information: Investments Made Changes in Investment Holdings COMBINED BALANCE ON HAND 123,323.56 3 112,469.13 4 3,545.96 --------------- 116,015.09 5-6 839.06 7 800.00 1,639.06 --------------- --------------- 114,376.03 0.00 8 114,376.03 9 10 11-17 99,628.66 0.00 --------------- 99,628.66 18-22 10,492.41 --------------- 89,136.25 23-24 80,188.72 --------------- 25 8,947.53 2 123,323.56 --------------- --------------- RECEIPTS OF PRINCIPAL CASH: 06/07/89 S C Hertzler Trust Under Will 112,469.13 (Lifetime) Account - Principal Cash Balance - Awarded under First and Final Account Confirmed by Cumberland County Court on 1/10/89 -------------- Fiduciary Acquisition Value 112,469.13 -------------- TOTAL RECEIPTS OF PRINCIPAL ............... 112,469.13 -------------- -------------- 3 GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL 04/01/96 11,426.000 units Fixed Income Investment Fund of Deposit Trust Comp Net Proceeds Fid. Acq. Value Gain Loss Collective Dauphin sny 118,584.92 112,416.23 6,168.69 05/03/99 20.305 shares ARK Funds US Government Bond Portfolio Net Proceeds 200.00 Fid. Acq. Value 203.05 3.05 12/07/99 52.687 shares ARK Funds US Government Bond Portfolio Net Proceeds 500.00 Fid. Acq. Value 526.87 26.87 06/28/01 11,785.500 shares ARK Funds US Government Bond Portfolio Net Proceeds 115,262.19 Fid. Acq. Value 117,855.00 2,592.81 ---------------------------- TOTAL GAINS AND LOSSES/PRINCIPAL........... 6,168.69 2,622.73 LESS LOSS ............................. 2,622.73 -------------- NET GAIN OR LOSS ........................... 3,545.96 -------------- -------------- 4 DISBURSEMENTS OF PRINCIPAL GENERAL DIS BURSEMENTS 04/06/90 ----------- Internal Revenue Service ---- - ------ 23.02 1989 Fiduciary Income Tax 04/09/90 Pennsylvania Dept of Reve nue - 9.52 1989 Fiduciary Income Tax 04/09/91 Pennsylvania Dept of Reve nue - 1.53 1990 Fiduciary Income Tax 03/24/92 Internal Revenue Service - 7.79 1991 Fiduciary Income Tax 04/06/92 Pennsylvania Dept of Reve nue - 9.15 1991 Fiduciary Income Tax 04/05/99 Dauphin Deposit Bank and Trus t Co. - 24.02 Trustee Fee 05/05/99 Dauphin Deposit Bank and Trus t Co. - 24.12 Trustee Fee 06/07/99 Allfirst Trust Company of PA, NA - 23.97 Trustee Fee 07/06/99 Allfirst Trust Company of PA, NA - 23.46 Trustee Fee 08/05/99 Allfirst Trust Company of PA, NA - 23.49 Trustee Fee 09/07/99 Allfirst Trust Company of PA, NA - 23.76 Trustee Fee 10/05/99 Allfirst Trust Company of PA, NA - 23.41 Trustee Fee 11/05/99 Allfirst Trust Company of PA, NA - 23.64 Trustee Fee 12/06/99 Allfirst Trust Company of PA, NA - 23.63 Trustee Fee 01/05/00 Allfirst Trust Company of PA, NA - 25.39 Trustee Fee 02/07/00 Allfirst Trust Company of PA, NA - 25.44 Trustee Fee 03/06/00 Allfirst Trust Company of PA, NA - 25.69 Trustee Fee 5 04/05100 Allfirst Trust Company of PA, NA - 25.35 Trustee Fee 05/05/00 Allfirst Trust Company of PA, NA - 24.94 Trustee Fee 06/05/00 Allfirst Trust Company of PA, NA - 25.20 Trustee Fee 07/05/00 Allfirst Trust Company of PA, NA - 24.91 Trustee Fee 08/07(00 Allfirst Trust Company of PA, NA - 25.30 Trustee Fee 09/05/00 Allfirst Trust Company of PA, NA - 25.56 Trustee Fee 10/05/00 Allfirst Trust Company of PA, NA - 25.20 Trustee Fee 11/06/00 Allfirst Trust Company of PA, NA - 25.45 Trustee Fee 12/05/00 Allfirst Trust Company of PA, NA - 25.96 Trustee Fee 01/05101 Allfirst Trust Company of PA, NA - 27.73 Trustee Fee 02/05/01 Allfirst Trust Company of PA, NA - 27.92 Trustee Fee 03/05/01 Allfirst Trust Company of PA, NA - 28.30 Trustee Fee 04/05/01 Allfirst Trust Company of PA, NA - 28.13 Trustee Fee 05/07/01 Allfirst Trust Company of PA, NA - 27.96 Trustee Fee 06/05/01 Allfirst Trust Company of PA, NA - 28.09 Trustee Fee 07/05!01 Allfirst Trust Company of PA, NA - 33.54 Trustee Fee 08/06/01 Allfirst Trust Company of PA, NA - 34.11 Trustee Fee 09/05/01 Allfirst Trust Company of PA, NA - 34.38 Trustee Fee - ------------- TOTAL GENERAL DISBURSE MEN TS .. ....................... 839.06 6 RESERVES Cumberland County Register of Wills - 400.00 Filing Fees Martson, Deardorff, Williams & Otto - 400.00 Attorney's Fee TOTAL RESERVES ...................................... 800.00 -------------- TOTAL DISBURSEMENTS OF PRINCIPAL .................... 1,639.06 -------------- -------------- 7 PRINCIPAL BALANCE ON HAND Description ARK Money Market Portfolio Current Value or as Noted Fiduciary Acquisition Value 114,376.03 114,376.03 --------------- --------------- 114,376.03 114,376.03 --------------- --------------- --------------- --------------- 8 INVESTMENTS MADE - PRINCIPAL # Units Cost 09/06/89 3,825.000 units Fixed Income Collective 37,490.89 Investment Fund of Dauphin Deposit Trust Company 10/04/89 3,839.000 units Fixed Income Collective 37,499.92 Investment Fund of Dauphin Deposit Trust Company 11/03/89 3,759.000 units Fixed Income Collective 37,394.14 Investment Fund of Dauphin Deposit Trust Company 09/05/95 3.000 units Fixed Income Collective 31.28 Investment Fund of Dauphin Deposit Trust Company 04/01/96 11,858.492 shares Marketvest Funds Inc 118,584.92 Intermediate US Govt Bond Fund #593 9 CHANGES IN INVESTMENT HOLDINGS - PRINCIPAL Cost ARK Funds US Government Bond Portfolio -------------------------------------- 03/23/98 11,858.492 shares received in exchange of 118,584.92 11,858.492 shares Marketvest Interm US Govt Bond Fund #593 05/03/99 (20.305)shares sold (203.05) 12/07/99 (52.687)shares sold (526.87) 06/28/01 (11,785.500)shares sold (117,855.00) -------------- -------------- 0.000 0.00 -------------- -------------- -------------- -------------- Fixed Income Collective Investment Fund of Dauphin Deposit Trust Company 09/06/89 3,825.000 units purchased 37,490.89 10/04/89 3,839.000 units purchased 37,499.92 11/03/89 3,759.000 units purchased 37,394.14 09/05/95 3.000 units purchased 31.28 04/01/96 (11,426.000)units -------------- sold (112,416.23) -------------- 0.000 0.00 Marketvest Funds Inc Intermediate US Govt Bond Fund #593 --------------------------------- 04/Ol/96 11,858.492 shares purchased 118,584.92 03/23/98 (11,858.492)shares exchanged for (118,584.92) 11,858.492 shares ARK Funds US Govt Bond Portfolio 0.000 0.00 ------ ------------- ------ ------------- 10 RECEIPTS OF INCOME INTEREST ARK Funds US Government Bond Portfolio 04/06/98 05/04/98 06/01/98 07/01/98 08/03/98 09/01/98 10/01/98 11/02/98 12/01/98 01/04/99 02/01/99 03/01/99 04/01/99 05/03/99 06/01/99 07/01/99 08/02/99 09/01/99 10/01/99 11/01/99 12/01/99 01/03/00 02/01/00 03/01/00 04/03/00 05/01/00 06/01/00 07/03/00 08/01/00 09/01/00 10/02/00 11/Ol/00 12/01/00 01/02/01 02/01/01 03/01/01 04/02/01 05/01/01 06/01/01 07/02/01 172.35 575.10 590.92 573.17 587.77 527.50 507.77 522.86 514.36 531.33 521.60 478.20 534.26 507.07 489.25 484.00 511.56 505.18 487.54 509.39 502.24 503.26 508.98 494.05 523.16 526.32 534.04 506.30 530.16 532.72 525.83 531.18 519.45 521.81 531.29 501.19 535.57 524.45 531.60 455.40 -------------- 20,470.18 11 ARK Money Market Portfolio 08/03/98 2.40 09/01/98 5.00 10/01/98 4.66 11/02/98 2.10 12/01/98 4.07 01/04/99 3.85 02/01/99 1.89 03/01/99 3.69 04/01/99 3.77 05/03/99 2.30 06/01/99 4.47 07/01/99 4.40 08/02/99 2.16 09/01/99 4.21 10/01/99 4.04 11/01/99 2.24 12/01/99 4.25 01/03/00 5.86 02/01/00 4.27 03/01/00 6.30 04/03/00 6.22 05/01/00 3.98 06/01/00 7.01 07/03/00 6.72 08/01/00 4.02 09/01/00 7.04 10/02/00 6.27 11/O1/00 3.87 12/01/00 6.51 01/02/01 5.83 02/01/01 3.37 03/01/01 4.90 04/02/01 4.53 05/01/01 2.26 06/01/01 4.12 07/02/01 42.93 08/01/01 390.03 09/04/01 375.63 -------------- 961.17 Capital Reserve Account 07/07/89 219.47 08/03/89 842.63 09/07/89 812.59 10/04/89 551.66 11/06/89 317.78 12/06/89 51.42 01/08/90 9.22 02/05/90 3.62 03/08/90 7.98 04/04/90 7.94 05/02/90 3.41 06/04/90 7.15 12 7.06 07/03/90 3.82 08/03/90 8.76 09/05/90 7.85 10/05/90 4.01 11/05/90 8.29 12/04/90 7.55 01/03/91 3.39 02/04/91 6.86 03/04/91 6.48 04/02191 3.07 05/01/91 6.96 06/04/91 6.03 07/01!91 3.05 08/01/91 6.20 09103/91 5.91 10/01/91 2.73 11/01/91 5.29 12/02/91 5.11 01/02/92 2.06 02/04/92 4.06 03/02/92 4.10 04/01/92 1.98 05/01/92 3.83 06/01192 4.35 07/01/92 1.61 08/03/92 3.11 09/01/92 3.12 10/01/92 1.40 11/02/92 3.04 12/01/92 3.00 01/04/93 1.31 02/01/93 2.68 03/01/93 3.17 04/01/93 1,27 05/03/93 2.53 06/01/93 2.89 07101/93 1.04 08103/93 2.96 09/02/93 2.70 10/04/93 1.05 11/02/93 2,77 12/02/93 2.60 01/04194 1.16 02102/94 2.55 03/01/94 2.84 04/01/94 1.18 05/03/94 3.41 06/01/94 3.18 07/01/94 1.47 08/02/94 4.17 09101/94 3.56 10/03/94 1.98 11/01/94 4.38 12/01/94 4.26 01/03/95 2.40 02/01/95 5.07 03101!95 13 04/03/95 5.21 05/01/95 2.58 06/01/95 6.57 07/03/95 5.41 08/01/95 2.59 09/01/95 5.89 10/02/95 4.99 11/01/95 2.62 12/01/95 5.46 01/02/96 4.91 02/01/96 2.64 03/01/96 4.88 04/01/96 4.52 05/01/96 2.63 06/03/96 4.97 07/01/96 4.35 08/01/96 2.13 09/03/96 4.74 10/02/96 4.46 11/05/96 2.44 12/04/96 4.62 01/06/97 4.62 02/03/97 2.72 03/04/97 4.67 04/03/97 4.70 05/05/97 2.37 06/05/97 5.35 07/03/97 5.23 08/01/97 2.40 09/03/97 5.27 10/02/97 6.10 11/03/97 2.73 12/02/97 4.74 12/31/97 5.73 02/02/98 2.70 03/02/98 4.52 04/02/98 4.90 05/01/98 2.28 06/01/98 4.64 07/01/98 4.76 -------------- 3,216.57 Fixed Income Collective Investment Fund of Dauphin Deposit Trust Company 10/04/89 252.70 11/03/89 549.07 12/05/89 791.39 01/05/90 723.20 02/05/90 768.83 03/05/90 732.04 04/03/90 783.23 05/04/90 760.26 06/05/90 780.23 07/05/90 755.57 08/03/90 777.12 14 09!06/90 774.21 10/03/90 754.87 11/05/90 771.89 12/05/90 751.80 01/04/91 774.56 02/05191 773.54 03/05/91 707.30 04/03/91 770.81 05/02/91 736.40 06/04/91 802.84 07/02/91 760.26 08/02/91 778.06 09/04/91 773.13 10/03/91 750.74 11/05/91 768.56 12/04/91 748.77 01/06/92 769.23 02/05/92 772.67 03/04/92 729.80 04/02/92 769.19 05/05/92 740.31 06/03/92 754.60 07/03/92 736.98 08/05/92 749.52 09/03/92 744.54 10/02/92 728.20 11/03/92 744.59 12/02/92 714.75 01/05193 727.69 02/03/93 728.48 03/03/93 676.84 04/05/93 722.89 05/05/93 701.42 06/03/93 712.03 07/06/93 690.08 08/04/93 713.69 09/02/93 704.71 10/05/93 693.11 11/03/93 699.45 12/02/93 678.38 01/05/94 686.67 02/03/94 693.73 03/02/94 650.49 04/01/94 677.63 05/03/94 651.55 06/03/94 665.76 07/05/94 648.41 08/03/94 648.55 09/02/94 637.25 10/04/94 623.70 11/03/94 629.96 12/02/94 611.06 01/04/95 625.07 02/02/95 657.19 03/21/95 667.78 04104/95 702.41 05/02/95 691.64 IS 06/02/95 695.08 07/05/95 667.16 08/02/95 680.31 09/05/95 675.40 10/03/95 648.54 11/02/95 662.90 12/04/95 650.74 01/03/96 668.81 02/02/96 668.56 03/04/96 639.31 04/01/96 692.09 ------------ -- 55,792.28 Marketvest Funds Inc Intermediate US Govt Bond Fund #593 ------------------------------------ 05/02/96 572.64 06/03/96 594.16 07/03/96 594.32 08/01/96 617.28 09/03/96 616.31 10/01/96 611.05 11/01/96 654.98 12/02/96 647.87 01/02/97 697.74 02/06/97 704.42 03/05/97 642.65 04/04/97 723.84 05/06/97 693.12 06/05/97 711.33 07/03/97 689.95 08/04/97 717.94 09/03/97 690.14 10/03/97 676.91 11/05/97 629.05 12/02/97 619.80 12/31/97 640.72 02/03/98 621.40 03/03/98 569.01 03/20/98 435.79 ------------ -- 15,372.42 Market Square Cash Manager I ---------------------------- 07/06/89 406.88 TOTAL INTEREST INCOME ..................... 96,219.50 16 OTHER INCOME Income Distribution - Reimbursement from the Estate of Evelyn R. Hertzler, Deceased -------------------------------- 07/10/O1 6120/2000 Distribution S C Hertzler Trust Under Will (Lifetime) Account ----------------------------- 06/01/89 Income earned from 3/18/89 to 6/1/89 06/08/89 Income earned from Navigator and Fixed Income Funds for June plus Closing Interest 06/16/89 Dividend on 1400 shares Travelers Corp Common 1,033.46 715.62 100.00 -------------- TOTAL OTHER INCOME ....................... TOTAL RECEIPTS OF INCOME .................. 1,560.08 1,849.08 -------------- 3,409.16 -------------- -------------- 99,628.66 -------------- -------------- 17 DISBURSEMENTS OF INCOME 06/16/89 Dauphin Deposit Bank and Trust Co. - 231.40 Trustee Fee 09/18/89 Dauphin Deposit Bank and Trust Co. - 263.70 Trustee Fee 12/18/89 Dauphin Deposit Bank and Trust Co. - 271.07 Trustee Fee 03/16/90 Dauphin Deposit Bank and Trust Co. - 251.46 Trustee Fee 05/08/90 Dauphin Deposit Bank and Trust Co. - 125.00 1989 Tax Preparation Fee 06/18/90 Dauphin Deposit Bank and Trust Co. - 258.69 Trustee Fee 09/18/90 Dauphin Deposit Bank and Trust Co. - 257.60 Trustee Fee 12/18/90 Dauphin Deposit Bank and Trust Co. - 258.64 Trustee Fee 03/18/91 Dauphin Deposit Bank and Trust Co. - 257.61 Trustee Fee 06/18/91 Dauphin Deposit Bank and Trust Co. - 263.40 Trustee Fee 09/16/91 Dauphin Deposit Bank and Trust Co. - 125.00 1991 Tax Preparation Fee 09/17/91 Dauphin Deposit Bank and Trust Co. - 265.55 Trustee Fee 12/17/91 Dauphin Deposit Bank and Trust Co. - 265.87 Trustee Fee 03/17/92 Dauphin Deposit Bank and Trust Co. - 265.76 Trustee Fee 06/16/92 Dauphin Deposit Bank and Trust Co. - 267.39 Trustee Fee 07/27/92 Dauphin Deposit Bank and Trust Co. - 125.00 1991 Tax Preparation Fee 09/16/92 Dauphin Deposit Bank and Trust Co. - 270.98 Trustee Fee 12/16/92 Dauphin Deposit Bank and Trust Co. - 263.33 Trustee Fee Ig 03/16/93 Dauphin Deposit Bank and Trust Co. - 264.59 Trustee Fee 05/25/93 Dauphin Deposit Bank and Trust Co. - 125.00 1992 Tax Preparation Fee 06/16/93 Dauphin Deposit Bank and Trust Co. - 266.94 Trustee Fee 09/16/93 Dauphin Deposit Bank and Trust Co. - 268.80 Trustee Fee 12/16/93 Dauphin Deposit Bank and Trust Co. - 332.51 Trustee Fee 03/16/94 Dauphin Deposit Bank and Trust Co. - 327.20 Trustee Fee 06/15/94 Dauphin Deposit Bank and Trust Co. - 318.14 Trustee Fee 09/15/94 Dauphin Deposit Bank and Trust Co. - 314.44 Trustee Fee 12/15/94 Dauphin Deposit Bank and Trust Co. - 304.69 Trustee Fee 03/15/95 Dauphin Deposit Bank and Trust Co. - 312.90 Trustee Fee 06/16/95 Dauphin Deposit Bank and Trust Co. - 325.14 Trustee Fee 09/15/95 Dauphin Deposit Bank and Trust Co. - 321.10 Trustee Fee 12/18/95 Dauphin Deposit Bank and Trust Co. - 320.72 Trustee Fee 03/18/96 Dauphin Deposit Bank and Trust Co. - 319.70 Trustee Fee 06/17/96 Dauphin Deposit Bank and Trust Co. - 139.67 Trustee Fee 09/17/96 Dauphin Deposit Bank and Trust Co. - 139.88 Trustee Fee 12/17/96 Dauphin Deposit Bank and Trust Co. - 140.99 Trustee Fee 03/17/97 Dauphin Deposit Bank and Trust Co. - 139.76 Trustee Fee 06/17/97 Dauphin Deposit Bank and Trust Co. - 140.20 Trustee Fee 19 09/16/97 Dauphin Deposit Bank and Trust Co. - 140.19 Trustee Fee 12/16/97 Dauphin Deposit Bank and Trust Co. - 140.73 Trustee Fee 12131/97 Dauphin Deposit Bank and Trust Co. - 24.14 Trustee Fee 03/05/98 Dauphin Deposit Bank and Trust Co. - 93.22 Trustee Fee 06/05/98 Dauphin Deposit Bank and Trust Co. - 140.12 Trustee Fee 09/08/98 Dauphin Deposit Bank and Trust Co. - 140.72 Trustee Fee 12/07/98 Dauphin Deposit Bank and Trust Co. - 140.66 Trustee Fee 03/05/99 Dauphin Deposit Bank and Trust Co. - 138.47 Trustee Fee 04/05/99 Dauphin Deposit Bank and Trust Co. - 12.93 Trustee Fee 05/05/99 Dauphin Deposit Bank and Trust Co. - 12.99 Trustee Fee 06/07/99 Allfirst Trust Company of PA, NA - 12.91 Trustee Fee 07/06/99 Allfirst Trust Company of PA, NA - 12.63 Trustee Fee 08/05/99 Allfirst Trust Company of PA, NA - 12.65 Trustee Fee 09107/99 Allfirst Trust Company of PA, NA - 12.79 Trustee Fee 10/05/99 Allfirst Trust Company of PA, NA - 12.61 Trustee Fee 11105/99 Allfirst Trust Company of PA, NA - 12.73 Trustee Fee 12/06/99 Allfirst Trust Company of PA, NA - 12.72 Trustee Fee 01/05/00 Allfirst Trust Company of PA, NA - 13.67 Trustee Fee 02/07/00 Allfirst Trust Company of PA, NA - 13.70 Trustee Fee 20 03/06/00 Allfirst Trust Company of PA, NA - 13.83 Trustee Fee 04/05/00 Allfirst Trust Company of PA, NA - 13.65 Trustee Fee 05/05/00 Allfirst Trust Company of PA, NA - 13.43 Trustee Fee 06/05/00 Allfirst Trust Company of PA, NA - 13.57 Trustee Fee 07/05/00 Allfirst Trust Company of PA, NA - 13.42 Trustee Fee 08/07/00 Allfirst Trust Company of PA, NA - 13.63 Trustee Fee 09/05/00 Allfirst Trust Company of PA, NA - 13.76 Trustee Fee 10/05/00 Allfirst Trust Company of PA, NA - 13.57 Trustee Fee 11/06/00 Allfirst Trust Company of PA, NA - 13.70 Trustee Fee 12105/00 Allfirst Trust Company of PA, NA - 13.98 Trustee Fee 01/05/01 Allfirst Trust Company of PA, NA - 14.93 Trustee Fee 02/05/01 Allfirst Trust Company of PA, NA - 15.03 Trustee Fee 03/05/01 Allfirst Trust Company of PA, NA - 15.24 Trustee Fee 04/05/01 Allfirst Trust Company of PA, NA - 15.15 Trustee Fee 05/07/01 Allfirst Trust Company of PA, NA - 15.06 Trustee Fee 06/05101 Allfirst Trust Company of PA, NA - 15.12 Trustee Fee 21 07/05/01 08/06/01 09/05/01 Allfirst Trust Company of PA, NA - 18.06 Trustee Fee Allfirst Trust Company of PA, NA - 18.37 Trustee Fee Allfirst Trust Company of PA, NA - 18.51 Trustee Fee -------------- TOTAL DISBURSEMENTS OF INCOME .................. 10,492.41 -------------- -------------- 22 DISTRIBUTIONS OF INCOME TO BENEFICIARIES Evelyn R. Hertzler ------------------ 06/20/89 09/20/89 12/20/89 03/20/90 06/20/90 09/20/90 12/20/90 03/20/91 06/20/91 09/20/91 12/20/91 03/20/92 06/22/92 09/21/92 12/21/92 03/22/93 06/21/93 09/20/93 12/20/93 03/21/94 06/20/94 09/20/94 12/20/94 03/20/95 06/20/95 09/20/95 Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution Income Distribution 1, 617.68 2,017.87 2,242.95 2,131.26 1, 820.70 2,068.94 2,040.07 2,015.59 2,063.16 1, 936.18 2,016.13 2,OI7.17 2,006.62 1,844.13 1, 931.77 1,875.41 1,751.37 1,846.57 1,744.95 1,710.00 1, 684.23 1,628.59 1,569.95 1, 648.87 1,778.35 1,715.66 23 1'2120/95 Income Distribution 1,654.53 03/20/96 Income Distribution 1,669.41 06/20/96 Income Distribution 1,731.34 09/20/96 Income Distribution 1,699.25 12/20/96 Income Distribution 1,784.43 03/20/97 Income Distribution 1,917.06 06/20/97 Income Distribution 2,000.51 09/22/97 Income Distribution 1,970.74 12/22/97 Income Distribution 1,798.60 03/20/98 Income Distribution 1,726.72 06/22/98 Income Distribution 1,645.86 09/21/98 Income Distribution 1,559.88 12/21/98 Income Distribution 1,415.16 03/22/99 Income Distribution 1,402.09 06/21/99 Income Distribution 1,502.29 09/20/99 Income Distribution 1,473.44 12/20/99 Income Distribution 1,471.64 03/20100 Income Distribution 1,481.52 06/20/00 Tncome Distribution 1,560.08 -------------- TOTAL DISTRIBUTIONS TO BENEFICIARIES...... 80,188.72 -------------- 80,188.72 -------------- -------------- 24 INCOME BALANCE ON HAND Description ARK Money Market Portfolio Current Value or as Noted Fiduciary Acquisition Value 8,947.53 8,947.53 --------------- --------------- 8,947.53 8,947.53 --------------- --------------- --------------- --------------- 25 PROPOSED DISTRIBUTIONS TO BENEFICIARIES Current Value or as Noted A1lfirst Trust Company of Pennsylvania, NA, Trustee Under Will of Samuel C. Hertzler (Charitable) Account #1204461009 ------------------------------------------- Income: ARK Money Market Portfolio Principal: ARK Money Market Portfolio Total 7,930.36 114, 376.03 Fiduciary Acquisition Value 7,930.36 114,376.03 -------------- -------------- 122,306.39 122,306.39 Estate of Evelyn R. Hertzler ARK Funds US Government Bond Portfolio - Accrued Dividends ARK Money Market Portfolio - Undistributed Income as of Date of Death ARK Money Market Portfolio - Accrued Interest on Principal Balance as of Date of Death ARK Money Market Portfolio - Accrued Interest on Income Balance as of Date of Death Total Less Pro-rated Trustee`s Fee to Date of Death Net Accrued and Undistributed Income as of Date of Death Payable to the Estate of Evelyn R. Hertzler 508.78 508.78 515.73 515.73 1.76 1.76 2.09 2.09 -------------- -------------- 1,028.36 1,028.36 (11.19) (11.19) -------------- -------------- 1,017.17 1,017.17 -------------- -------------- 123,323.56 123,323.56 26 AFFIDAVIT Allfirst Trust Company of Pennsylvania, N.A., Trustee under the Will of Samuel C. Hertzler, deceased, for the benefit of Evelyn R. Hertzler, deceased, hereby declares under oath that it has fully and faithfully discharged the duties of its office; that the foregoing account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Trust have been paid in full; that, to its knowledge, there are no claims now outstanding against the Trust; that all taxes presently due from the Trust have been paid. Allf st C P n~sylv~a~nia, N.A. ~~-~--~ - Subscribed and sworn to by e ore me this ~ day of ~~~ , 2001. c. Notary Public Notarial Seal Gwendolyyn E. Killian, Notary P~,^blic Carlisle Boro, Cumberland County My Commission Expires Nov. 22, 2004 Member, Pennsylvania Association of Notaries 27 LAST WILL AND TESTAMENT I, SAMUEL C. HERTZLER, of Carlisle, Pe~ns~.~~an~~ ~^ ~^-~'~-•' maze, puol>.sh, and declare the following to be my Last Will and Tdstament:y~ FIRST: I hereby direct that my executor shall pay all inheritance taxes or death transfer taxes or estate taxes as a debt of my estate without collecting any part thereof from any legatee or devisee or deducting any part thereof from the share of any legatee or devisee. If any property held by my wife and myself as tenants by the entireties at the time of my death or any gifts made by me prior to my death or the proceeds of any life insurance assigned by me on my life prtq~to my death, shall be included in my taxable estate for either inheritance or estate tax purposes, then the 'tax thereon shall likewise be paid as a debt of my estate from the residue thereof and no part thereof shall be collected from the surviving tenants by the entireties or any donee or assignee. In the event that it shall be deemed advisable to use proceeds of my life insurance for payment of inheritance taxes to prevent forced liquidation of any of the real estate or securities composing part of my estate, then I authorize my executor to borrow from my wife any such amounts, on such terms as shall be agreed upon between my wife and my executor. SECOND: I give, devise, and bequeath the corpus of the Trust now existing under an agreement of trust with Dauphin Deposit Trust Company,., dated April 26, 1948, to Dauphin Deposit Trust Company at Carlisle in trust for the following uses and purposes: 1. To pay the income therefrom in periodic payments not less frequently than every three (3) months, share and share alike, to my wife, Mary E. Hertzler, for her lifetime; to rs~y sister, Mrs. Fannie Miller of Lebanon, Pennsylvania for her lifetime; to my sister, Mrs. Elda Eckels of Mechanicsburg, Pennsylvania, for her lifetime. 2. In the event that one or two of said life beneficiaries shall have predeceased me or at their death, then the income from said sum shall be equally divided to the remaining two or paid entirely to the remain~g one of such persons. - 3. I authorize my trustee in its discretion to make payments of said income either•directly to said income beneficiaries or to any person or organization furnishing to any of said beneficiaries either a home or hospital or institutional care. LAw ornc¢s l,ANDIS AND MCINTOSN CA1,Ll5L[. rCNNfYLVAN,A THIRD: ~At the termination of the trust set up in Paragraph Second or at my death should the life beneficiaries named in Paragraph Second have predeceased me, then I give, devise, and bequeath to Dauphin Deposit Trust Company in trust for the uses hereinafter set forth, a one- eighth (1/8) share of the corpus of the trust referred to in Paragraph Second, each one-eighth (1/8) share for the benefit of each of such of the following named persons as shall be living at the time this paragraph becomes effective, husbands and wives or the survivor of them as hereinafter named to be ~ considered as a single beneficiary within the meaning of this paragraph. T,~ - 1 - A Tdit1'~ Ct",~1f F'rK~t R~Ufif~ Tsadbta~srj- ~t~e.•reoi, I t~reunto art Iny Me+'d ltsv ~; of ~rta4tS COL,St at Cnrltsld, iT.> . ~, -/~ Clerk Ltir~d County ` ~L~V / art /. i. / / it A ~ 1, J. Woodward Hertzler and Ardeli Hertzler as tenants by the entireties or to whichever of them may survive the other; 2. Mrs. Jane H, Sheafer ar~d John C. Sheafer as tenants by the entireties or to whichever of them may survive the other; 3. Austin B. Hertzler, Jr, , and Evelyn Hertzler as tenants by the entireties or to whichever of them may survQi~ the others 4, Mrs. Dora H. Campbell and Robert Campbell as tenants by the entireties or to whichever of them may survive the other; 5. Miss Margaret Hertzler; 6, Miss Jane Kyle; 7, Joseph H. Kyle and Virginia Kyle as tenants by the entireties or to whichever of them may survive the other; 8. Edward H. Miller and Mildred Miller as tenants by the entireties or to whichever of them may survive the other. FOURTH: The bequests contained in the preceding paragraph shall be subject to the following provisions: i. The income of the funds so held for each beneficiary shall be paid semi-annually or quarterly to each of the named beneficiaries or the respective surviving tenant by the entireties, for their respective lifetimes. 2, At the death of any of the said nameQ beneficiaries, or the last of beneficiaries holding their interest as tenants by the entireties, the amount so held in trust for them for their lifetime shall become a part of and be distributed to the residuary trust set up in Paragraph Eighth. 3. Should any of said named beneficiaries not be living at the time Paragraph Third shall become effective, then the amount which would have been put in trust for their benefit shall likewise become part of and be distributpd.as part of my residuary estate. uw ornces LANDIS AND MGINTOSF CARLIiL[. rcNNMLVANIA FIFTH: I bequeath the sum of T'en Thousand Dollars ($10, 000, 00) to Hattie Shope of Carlisle, Pennsylvania, if she shall have been in my employ at the time of my death. SIXTH: I consider all the household furnishings now located in our home at 60 Conway Street, Carlisle, as the joint property of myself and my wife, and in the event my wife survives me> no part thereof is to be disposed of as part of my estate, but it shall be absolutely the property of Imy wife. I hereby give to my wife any automobile or automobiles which I may own at the time of my death. 11 3.~ - 2 - SEVENTH: All the rest, residue and remainder of my estate I give to Dauphin Deposit Trust Company, Carlisle, Pennsylvania, to hold in trust for the benefit of my wife for her lifetime subject to the following: 1, The income therefrom 9ha11 be paid to her or for her benefit in periodic payments not less freq~fently than every three (3) months. 2. In making payments of such income, my said trustee may pay them directly to my wife or may make payments to any person or organization furnishing to my said wife either a home, or hospital or institutional care. EIGHTH: At the termination of the trust set up in Paragraph Seventh or at my death, should the life beneficiary have predeceased me, then I give, devise, and bequeath the income from the residue of my estate to the following charitable institutions in the percentages shown, to be used for their charitable purposes or for the purposes I have herein indicated; nam el}~•~ 1. Three-eighths (3 f 8) to the United Church of Christ at Carlisle, Pennsylvania, to be used by it toward the pastorts income and the support of the Church Choir in such proportions as to the Board of Trustees of said Church shall be deemed proper. Z. One-eighth (1/8) to the Carlisle YMCA to be used for work among or for underprivileged boys. 3. One-eighth (1 /8} to the Carlisle YWCA to be used for work among or fir underprivileged girls. 4. One-eighth (X/8) to the Garlisie Hospital. 5. One-eighth (1/8) to the T. Herman Bosler Free Library of Carlisle, Pennsylvania. 6. One-eighth (1 /8) to the Sarah A. Todd Memorial Home at Carlisle, Pennsylvania. , Lww orrlces LANOIS ANG Me1NTO5H QAR L161E. ICNNfYIY ANIA NINTH: As a condition to the right to receive such income, each such organization shall erect and maintain in their building, and at their ex- pense, a memorial tablet, approved by my executors having inscribed thereor~ "In memory of Samuel C. Hertzler and Mary E, Hertzler. ", or such other (memorial as my trustee shall approve. - TENTH: In the event that at any time hereafter any of six named organizations shall cease to exist, then the income from such trust fund which such organization would have received shall be paid to such other charitable organisations as my trustee shall deem qualified to most nearly carry out the purposes for which said charities exist or which I have designated. If any such substitute organization shall cease to exist or shall cease to carry out the purposes which I have designated, then my trustee is authorized to revoke or cancel such designation, and to redesignate other organizations to receive such said income and to carry out said purposes. This designation may be exe.~cised a number of times. 3 - ,.. a ELEVENTH: For the composition of and administration of the various trusts heretofore created in this Wi11, the following instructions are hereby made: 1, Said trustees shall have ,the right, power and privilege of re- taining as part of the corpus of any~said trusts, any or all property, either real or personal, which I may own at the time of my death, or which may constitute the corpus of my inter vivos trust or trusts, which I may have set up during my lifetime, and which shall form a part of my estate. 2. If any of the assets coming into the hands of said trustee shall consist of capital stock of Dauphin Deposit Trust Company, said trustee shall be empowered to own and to hold said stock. 3. Said trustee shall have the power to purchase and hold as part of the corpus of any said trusts, any interests in real estate which were during my lifetime owned by myself and my wife as tenants by the entire- ties, or which shall have been owned by my wife at the time of her death. The price to be paid for the purchase of said interests, shall be the value at which said interests were appraised for Pennsylvania State Inheritance Tax purposes, or such greater price as may be agreed upon by said trustee, or at such lower prices as may be agreeable to the beneficiaries of any particular trust for whose benefit said real estate is purchased. 4, In the event that at the time of my death I shall have the right to purchase the undivided one-half (1/2) interest in the building now occupied by Kinney Shoe Store in Carlisle, I authorize:.-and empower my executor and trustee to exercise such right of purchase. In the event that at the time of my death I shall be under a duty to sell the one-half (1 J2j interest which I own at the time of my death in said building, then I direct my executor and trustee to carry out and perform such duty. 5, In addition to the above powers, said trustee is hereby author- ized and empowered to purchase and hold as assets of any of sand trusts, any real estate located in Cumberland County, Pennsylvania, regardless of whether or not investments in such real estate shall now or hereafter be designated as legal investments for trust funds by any act of the Legislature of Pennsylvania. 6. Said trustee in the exercise of its discretion shall have the right and power to sell, dispose of or exchange any part of the principal of any of said trust funds, either at public or private sale, on such terms and for such prices as it shall deem proper, and in the event of any sale or sales of assets, shall have the same powers to reinvest as the powers heretofore given regardless of how frequently said powers may be exercised. 7, In the event of the sale of any assets by my trustee, I hereby authorize and empower them to make, execute, acknowledge and deliver deeds of conveyance therefor. Lww orrlccs LANDIS wN0 MCINTOSH CAAUfLE. -LNN6YLVANIA ~'.~ - ~ - TWELFTH: I hereby direct my executor to sell at public or private sale all of the real estate which I may own at the time of me death, and to carry out this direction, I authorize and empower said executor to execute, acknowledge and deliver good and sufficient deeds for said real estate. The aforesaid direction shall include the power to transfer any of said real estate to the trustee above named. In no event shall my executor be compelled to complete the liquidation of my estate within two years of the date of my death. LAW O-f ICES LANDIS AND MCINTOSH WRLISLE. PENNfYLVANI4 THLRTEENTH: I hereby appoint my wife, Mary E. Hertzler, and Dauphin Deposit Trust Company as executors of this Will. At the death of my wife, Dauphin Deposit Trust Company shall serve as the sole executor. FOURTEENTH: I furhter authorize and empower'my executor in the event that my wife shall have predeceased me, to sell privately to any of my nieces and nephews named in Paragraph Third, any item or items of tangible personal property or household goods at the value placed thereon by the appraisers of my estate. in the event that any particular item or items of property are selected by more than one of said such persons, then my executor is given full power to decide which of said persons shall have any particular items or item, or shall have the right to sell any of said items to any of said nieces or nephews at values in excess of the appraised value, or to refuse to sell any item or items to any of said persons, In carrying out the duties imposed upon my executor in this paragraph, I direct that my executor shah furnish to each of said nieces and nephews a copy of the appraisement of all items of tangible personal property, and for a period of thirty (30) days after such appraisal is furnished, said nieces and nephews shall have the right to designate any item or items thereof which such nieces and nephews may desire to purchase at the appraisal. During this period of thirty (30) days I excuse my executor from any duties to file such appraisal in the office of the Register of Wills of Gumberland'~ounty, Pennsylvania, and authorize said executor to continue the employment of such appraisers to place a value on any items of tangible personal property which may have been omitted from the original appraisement. FIFTEENTH: I direct that J. Boyd Landis, Esquire, of Carlisle, Pennsylvania, shall be employed by my executor and trustee as the Attorney in the settlement of my estate and as counsel in the administration of the trusts herein provided for, _ ~ IN WITNESS WHEREOF, this ~~ ~ day of _ j' ~ 1964. I have hereunto set my hand and seal .X L) Samuel C, Hertzler We, the undersignes witnesses, in the presence of the above- named testator and in the presence of each other, did hear Samuel C. Hertzler declare the foregoin to be his Last Will and Testament and did witn/e~ss the signing of thus e by him. 1 '~~ . '_\ ~~~-~ /, ~.~ ` _5_