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Home My WebLink About03-23-10~.~, ~7~ ~ Ff 7 io DECEDENT' S ESTATE COURT OF COMMON PLEAS OF ~ o _,_, ~~ ~ _. -: Cumberland COUNTY, PENNSYLVANIA _,~ _~„ ;-> -, -„ :~ - .,__ ORPHANS' COURT DIVISION T ~~ ~~ •~~~ - rn r~., _-- c.a - _. _ ._-~ -„ ;, ~~. Martha L. Davis ,DECEASED > ~`i N -- s ESTATE OF •_ . ~ f~~ v~ =; , No. 21-08-1113 PETITION FOR ADJUDICATION / STATEMENT OF PROPOSED DISTRIBUTION PURSUANT TO Pa. O.C. Rule 6.9 This form may be used in all cases involving the Audit of the Account of a Decedent's Estate. If space is insufficient, riders may be attached. Attach the spouse's election, if any; the papers required under items 8-19 inclusive; and any instrument pertinent to the adjudication. INCL UDE ATTACHMENTS AT THE BACK OF THIS FORM. Name of Counsel: No V. Otto, III, Esquire Supreme Court LD. No.: 27763 Name of Law Firm: Manson Deardorff Williams Otto Gilroy & Faller Address: 10 East High Street, Carlisle, PA 17013 Telephone: 717-243-3341 Fax: 717-243-1850 Page 1 of 10 Form OC-01 rev. 10.13.06 Estate of Martha L. Davis 1. Name(s) and address(es) of Petitioner(s): Name: M & T Bank, Executor Address One West High Street Carlisle, PA 17013 Deceased Identify any executors or administrators who have not joined in the Petition for Adjudication and Statement of Proposed Distribution and state reason: Is this the first accounting by this fiduciary? ..................... ~ Yes ~ No If not, identify prior accountings, the accounting periods covered, and the date of adjudication of the prior accounting. 2. Decedent died on November 4, 2008 m Letters Testamentary or Letters of Administration were granted to Petitioner(s) on November 12.2008 Date of Will (f applicable): July 7, 2008 Date(s) of Codicil(s) (if applicable): October 24, 2008 Date of probate (f differentfrom date Letters granted): Was a bond required? Yes ~ No If yes, state amount: Are proofs of advertising of the grant of Letters attached? ......... Q Yes ~ No Dates of advertising of the grant of Letters: December 8, 15, 22 2008 Page 2 of 10 Form OC-O! rev. 10.13.06 Estate of Martha L. Davis Deceased. 3. Was decedent survived by a spouse? ............................. Yes ~ No If yes, name of the surviving spouse: 4. Has the surviving spouse filed to take an elective share? ............. DYes ~ No (See Section 2201 et sue. of the Probate, Estates and Fiduciaries Code) If yes, date of election: 5. In the case of an intestacy, state the names of the decedent's surviving children or surviving issue of deceased children (f none, so state): 6. Did decedent marry after execution of Will or Codicil(s)? ........... ~ Yes ~ No Were any children born to decedent after execution of Y N Will or Codicil(s)? ........................................... ® es ® o If yes, give names and dates of birth: Name: Date of Birth: 7. If required by the Medical Assistance Estate Recovery Act, 62 P.S. § 1412, was a request for a statement of claim sent to the Department of Public Welfare? .............................. m Yes ~ No Form OC-01 rev. !0.!3.06 Page 3 of 10 Estate of Martha L. Davis Deceased 8. Written notice of the Audit as required by Pa. O.C. Rules 6.3, 6.7 and 6.8 has been or will be given to all parties in interest listed in item 9 below, all unpaid creditors and all claimants listed in item 10 below. In addition, notice of any questions requiring Adjudication as discussed in item 14 below has been or will be given to all persons affected thereby. A. If Notice has been given, attach a copy of the Notice as well as a list of the names and addresses of the parties receiving such Notice. B. If Notice is yet to be given, a copy of the Notice as well as a list of the names and addresses of the parties receiving such Notice shall be submitted at the Audit together with a statement executed by a Petitioner or counsel certifying that such notice has been given. C. If any person entitled to Notice is not sui juris (e.g., minors or incapacitated persons), Notice of the Audit has been or will be given to the appropriate representative on such party's behalf as required by Pa. O.C. Rule 5.2. D. If any charitable interest is involved, Notice of the Audit has been or will also be given to the Attorney General as required under Pa. O.C. Rule 5.5. In addition, the Attorney General's clearance certificate (or proof of service of Notice and a copy of such Notice) must be submitted herewith or at the Audit. 9. List all parties (charitable and non-charitable) of whom Petitioner(s) has/have notice or knowledge, having or claiming any interest in the estate as beneficiaries under the Will or Codicil(s) or as intestate heirs if there is a complete or partial intestacy: Page 4 of 10 Form OC-0/ rev. 10.13.06 A. State each party's relationship to the decedent and the nature of each party's interest(s): Estate of Martha L. Davis N/A Deceased C. State why a Petition for Guardian/Trustee Ad Litem has or has not been filed for this Audit (see Pa. O.C. Rule 12.4). N/A D. If distribution is to be made to the personal representative of a deceased party, state date of death, date and place of grant of Letters and type of Letters granted. N/A Page 5 of 10 FarmOC-01 rev. ]0.!3.06 B. Identify each party who is not sui juris (e.g., minors or incapacitated persons). For each such party, give date of birth, the name of each Guardian and how each Guardian was appointed. If no Guardian has been appointed, identify the next of kin of such party, giving the name, address and relationship of each. Estate of Martha L. Davis Deceased 10. Other than the claim for the family exemption, list the names of all known claimants and the amount of their claims and state whether each claim is admitted. None Name and Address of Each Claimant Claim Amount of Claim Will Claim I Admitted? I Be Paid /n Full? Yes DYes ~No ~No Yes Q Yes ~No ~No Yes ~ Yes ~No ~ No DYes ~ Yes ~No ~No If the estate is insolvent, attach a schedule setting forth the order of preference under 20 Pa.C.S. § 3392 and the proposed payments. 11. Was family exemption claimed? ............. ................... DYes ~No Was family ............. exemption allowed? Yes ................... mNo Family exemption claimant's name and relationship: Name: Relationship: Page 6 of 10 Form OC-01 rev. 10.13.06 Estate of Martha L. Davis Deceased 12. The amount of Pennsylvania Transfer Inheritance Tax and additional Pennsylvania Estate Tax paid, the date(s) of payment(s), and the interest(s) upon which paid, are as follows: Date January 29, 2009 July 30, 2009 Payment Interest 64,000.00 0 483.10 0 13. On the date of death, was the decedent a fiduciary (personal representative, trustee, guardian, agent under power of attorney) or surety on the bond of a fiduciary? ................... 0 Yes ®No If yes, provide the name of the estate, indicate whether an account has been filed and confirmed absolutely and all awards performed, or, in the alternative, how the decedent's estate will be discharged for the decedent's fiduciary administration of the estate. 14. A. Describe in detail any questions requiring adjudication and state the position of the Petitioner(s) as to each question: None B. Has notice of the question requiring adjudication been given to the parties identified in Paragraph 9 above? .................. ~ Yes ~ No 15. If Petitioner(s) has/have knowledge that a share has been assigned, renounced, disclaimed or attached, provide a copy of the assignment, renunciation, disclaimer or attachment, together with any relevant supporting documentation. Form OC-01 rev. 10.13.06 Page 7 Of 10 1/state of Martha L. Davis Deceased 16. Had the decedent been adjudicated an incapacitated person? .......... 0 Yes ~ No If yes, attach a copy of the Order if available; otherwise state the Court, term, number, date, and name of Hearing Judge. 17. A. List or attach a separate list of additional receipts and disbursements since the closing date of the Account. None B. Has notice of the additional receipts and disbursements been given to the parties identified in Paragraph 9 above? ............. ~ Yes ~ No 18. If a reserve is requested, state amount and purpose. 1,500.00 Amount: _ P"rpOSe Filing Costs for First & Final Accounting If a reserve is requested for counsel fees, has notice of the amount of fees to be paid from the reserve been given to the parties in interest? ........................................ DYes ONo If so, attach a copy of the notice. 19. Is the Court being asked to direct the filing of a Schedule of Distribution? .......................... mYes ~No As to real estate only? ........................................ ^Yes mNo Form OC-01 rev. 10.13.06 Page 8 of 10 Estate of Martha L. Davis Deceased Wherefore, your Petitioner(s) ask(s) that distribution be awarded to the parties entitled and suggest(s) that the distributive shares of income and principal (residuary shares being stated in proportions, not amounts) are as follows: A. Income: Proposed Distributee(s) Susquehanna University B. Principal: Proposed Distributee(s) Susquehanna University Amount/Proportion 100% Amount/Proportion 100% Submitted By: (All petitioners must sign. Add additional lines if necessary): GGGIl~C ~, Na e of Petitioner: & Bank, Executor Name of Petitioner: Form OC-01 rev. 10.13.06 Page 9 of 10 Estate of Martha L. Davis Verification of Petitioner (Verification must be by at least one petitioner.) The undersigned hereby verifies * that he/she he is tare Vice President Deceased of the above-named name ofcorporatron M & T Bank and] that the facts set forth in the foregoing Petition for Adjudication /Statement of Proposed Distribution which are within the personal knowledge of the Petitioner are true, and as to facts based on the information of others, the Petitioner, after diligent inquiry, believes them to be true; and that any false statements herein are made subject to the penalties of 18 Pa. C.S. § 4904 (relating to unsworn falsification to authorities). ~~ ~ , Sig ture of Petitio er * Corporate petitioners must complete bracketed information. Certification of Counsel The undersigned counsel hereby certifies that the foregoing Petition for Adjudication/ Statement of Proposed Distribution is a true and accurate reproduction of the form Petition authorized by the Supreme Court, and that no changes to the form have been made beyond the responses herein. Signature of Counsel for Petitioner Form OC-01 rev. 10.13.06 Page 10 of 10 Estate of Martha Laudenslager Davis Susquehanna University Charitable Beneficiary 100% Residue Ronald A. Cohen, Vice President 514 University Avenue Selinsgrove, PA 17870 Employer Identification Number 23-1353385 1-800-353-7970 MOAA Scholarship Fund Charitable Beneficiary $10,000.00 Shelley Marshall, Donations 201 North Washington Street Alexandria, VA 22314 Employer Identification Number 54-1659039 1-800-234-6622 Snyder County Historical Society Charitable Beneficiary $20,000.00 Attn: Lee E. Knepp, Secretary P.O. Box 276 Middleburg, PA 17842 Employer Identification Number 23-7352438 1-570-837-6191 Meredith Laudenslager Rials Niece of Decedent $200,000.00 64 Magaw Avenue Carlisle, PA 17015 1-717-249-6409 Phyllis Laudenslager Chirgotis Niece of Decedent $200,000.00 91 Cider Brook Road Avon, CT 06001 1-860-677-4793 (H) Thelma C. Davis Friend of Decedent $25,000.00 315 Hillcrest Avenue Pittsburgh, PA 15237-2523 1-412-366-0532 Kathy Davis Hammond Step Grandchild $25,000.00 8969 Eastview Drive Allison Park, PA 15101 1-412-366-8510 Gary Robert Davis Step Grandchild $25,000.00 307 Tartline Drive Glenshaw, PA 15116 1-412-492-9231 Thomas Edward Davis Step Grandchild $25,000.00 103 McGinley Drive Glenshaw, PA 15116 1-412-492-1374 PROOF OF PUBLICATION State of Pennsylvania, County of Cumberland Erica Peterson Classified Mana;;er, of The Sentinel, of the County and State aforesaid, being duly sworn, deposes and says that THE SENTINEL, a newspaper of general circulation in the Borough of Carlisle, County and State aforesaid, was established December 13th, 1881, since which date THE SENTINEL has been regularly issued in said County, and that the printed notice or publication attached hereto is exactly the same as was printed and published in the regular editions and issues of THE SENTINEL on the following day(s): December 8,15, 22, 2008. COPY OF NOTICE OF PUBLICATION EXECUTOR NOTICE Letters Testamentary on the Estate of MARTHA L. DAVIS, late of South Middleton Township, Cumberland County, Pennsylvania, deceased, have been granted ~: to the undersigned. ~AIf persons knowing themselves to be indebted to the '-'said Estate will make payment immediately, and those ,having claims will present them for settlement to: Manufacturers & Traders Trust Company 1 West high Street ; P.O. Box 220 Carlisle, PA 17013 `-lttorney: No V. Otto, III, Esquire Martson Law Offices 10 East High Street Carlisle, PA 17013 Affiant further deposes that he/she is not interested in the subject matter of the aforesaid notice or advertisement, and that all allegations in the foregoing statement as to time, place and character of publication are true. S~~orn to and subscribed before me this ~- ~ r) ~ 1) o2C' ; ') Notary Public My commission expires: NOTARIAL SEAL BONITA A CANUP Notary Publlc CART ISLE BOROUGH, CUMBERLAND COUNTY My Cammisslon Expires Jun 8, 2009 PROOF OF PUBLICATION OF NOTICE IN CUMBERLAND LAW JOURNAL (Under Act No. 587, approved May 16, 1929), P. L.1784 COMMONWEALTH OF PENNSYLVANIA ss. COUNTY OF CUMBERLAND Lisa Marie Coyne, Esquire, Editor of the Cumberland Law Journal, of the County and State aforesaid, beil~g duly sworn, according to la~v, deposes and says that the Cumberland Law Journal, a legal periodical published in the Borough of Carlisle in the County and State aforesaid, was established January 2, 1952, and designated by the local courts as the official legal periodical for the publication of all legal notices, and has, since January 2, 1952, been regularly issued weekly in the said County, and that the printed notice or publication attached hereto is exactly the same as was printed in the regular editions and issues of the said Cumberland Law Journal on the following dates, viz: December 19 December 26 2008 and January 2 2009 Affiant further deposes that he is authorized to verify this statement by the Cumberland Law Journal, a legal periodical of general circulation, and that he is not interested in the subject matter of the aforesaid notice or advertisement, and that all allegations in the foregoing statements as to time, place and character of publication are true. Lisa arie Coyne, Ed~tor SWORN TO AND SUBSCRIBED before me this 2 day of January 2009 ~~ • / - Notary Davis, Martha L., decd. Late of South Middleton Town- ship. Executor: Manufacturers & Trad- ers Trust Company, 1 W. High Street, P.O. Box 220, Carlisle, PA 17013. Attorneys: No V. Otto, III, Esquire, Martson Law Offices, 10 East High Street, Carlisle, PA 17013. NOTARIAL SEAL DEBORA}•i A COLLWS Notary Public CARLISLE BORO, CUM3ERLAND COUNTY My Commission Expires Apr 28, 2010 N c~ ~ O ;~-, --~ a,? ~ IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA. '~ n ~J ~`- <7 ORPHANS' COURT DIVISION ,..~ ~ _ _ ~ t••~,:i ._,_., ~~ FILE N0. 21-08-1113 ~ : ... ~ .fir,. "~"~ '" i - r ~ _~ ._ `~ ~.) ~~~ ESTATE OF MARTHA L. DAVIS ~ ,~ ------------------------- ------------------------- FIRST AND FINAL ACCOUNT OF Manufacturers and Traders Trust Company, Executor Date of Death: Date of Executor's Appointment: Date of First Complete Advertisement: The Sentinel Cumberland Law Journal Accounting for the period: November 4, 2008 November 12, 2008 December 8, 15 and 22, 2008 December 19, 26, 2008 and January 20, 2009 November 4, 2008 to February 18, 2010 Purpose of Account: The Executor offers this Account to acquaint interested parties with the transactions that have occurred during the Administration. It is important that the Account be carefully examined. Requests for additional information, questions or objections can be discussed with: David C. Gority Manufacturers and Traders Trust Company 1 West High Street Carlisle, PA 17013 (717) 240-4505 Or Martson Law Offices 10 East High Street Carlisle, PA 17013 - 1 - SUMMARY OF ACCOUNT PAGES PRINCIPAL Receipts 3-9 Net Loss on Sales or Disposition 10-17 Decrease in Reappraisement Less Disbursements: Funeral Expenses Legal Fees Debts of Decedent Federal State & Local Taxes General Disbursements Administration - Misc. Exp. Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand For Information: Investments Made Changes in Holdings 18 $ 2,446,421.54 -165,854.78 $ 2,280,566.76 -2,186.80 $ 2,278,379.96 19 $ 1,967.65 19 29,878.10 19-20 2,374.46 20 64,483.10 21 48,028.75 21-22 99,757.83 -246,489.89 $ 2,031,890.07 23-24 -1,536,045.00 25 $ 495,845.07 26 27-45 INCOME Receipts 46-54 Less Disbursements 55 Balance before Distributions Distributions to Beneficiaries 56 Income Balance on Hand 57 COMBINED BALANCE ON HAND Proposed Principal Distributions Proposed Income Distributions Verification 58 59 60 - 2 - $ 67,374.98 -674.42 $ 66,700.56 -63,936.47 $ 2,764.09 $ 498,609.16 ------------------ ------------------ PRINCIPAL 12~CEIPTS Assets Listed in Inventory (Valued as of Date of Death) Bonds $20,000 Allegheny Co IDA 5~ due 12/1/27 $ 20,011.60 Interest accrued to 11/04/08 425.00 $20,000 Blairsville-Saltsburg SC 4.5~ due 3/15/24 18,505.40 Interest accrued to 11/04/08 122.50 $25,000 Bloomsburg ASD 5~ due 9/1/19 26,478.75 Interest accrued to 11/09/08 218.75 $50,000 Central Dauphin ASD 5~ due 11/15/24 52,520.50 Interest accrued to 11/04/08 1,173.61 $25,000 Federal Home Loan Mortgage Corporation 4~ due 6/15/16 23,530.68 Interest accrued to 11/04/08 52.78 $15,000 GMAC 6~ due 3/15/19 4,621.40 Interest accrued to 11/04/08 122.50 $20,000 Pennsylvania State GO 4.5~ due 2/1/22 18,851.60 Interest accrued to 11/04/08 232.50 $10,000 Reading SD 4.375 due 3/1/25 9,190.30 Interest accrued to 11/04/08 96.01 $111,000 U S Series H Savings Bonds 111,000.00 $25,000 U S Treasury Notes 4.75 due 2/28/09 25,328.13 Interest accrued to 11/04/08 213.23 $25,000 US Treasury Notes 4.625$ due 11/30/08 25,085.94 Interest accrued to 11/04/08 495.99 FORWARD $ 338,277.17 - 3 - PRINCIPAL RECEIPTS (cont'd) FORWARD Common Stocks 10,800 Shs. American Express Company Accrued Dividend 2,160 Shs. Ameriprise Financial Incorporated 219 Shs. Arvinmeritor Incorporated 1,000 Shs. Energizer Holdings Incorporated 275 Shs. Fulton Financial Corporation 260 Shs. General Mills Incorporated 800 Shs. General Motors Corporation Accrued Dividend 300 Shs. Hawaiian Electric Industries 300 Shs. Heinz H. J. Company 300 Shs. Johnson & Johnson 4,160 Shs. Lehman Brothers Holdings Incorporated 400 Shs. Lowes Companies Incorporated 400 Shs. Microsoft Corporation 464 Shs. PPL Corporation 880 Shs. Rockwell Automation Incorporated 880 Shs. Rockwell Collins Incorporated 390 Shs. Susquehanna Bancshares Incorporated Accrued Dividend 1,200 Shs. The Hershey Company FORWARD $ 338,277.17 317,898.00 1,944.00 49,323.60 1,273.49 50,345.00 2,846.25 17,696.90 4,520.00 368.75 8,065.50 13,579.50 18,522.00 .261.04 8,446.00 9,306.00 13,414.24 26,061.20 33,990.00 6,331.63 101.40 45,834.00 $ 968,405.67 - 4 - PRINCIPAL RECEIPTS (cont'd) FORWARD Common Stocks (cont'd) 300 Shs. Weis Markets IncorporatQd Accrued Dividend Personal Effects Personal Property (Davis Family)',- Appraised Value Personal Property (Rials/Chirgotis Families) - Appraised Value Mutual Funds 1,211 Shs. Delaware Group Equity'Fund 5,000 Shs. Lord Abbett Municipal'Income Trust 1,000 Shs. NPB Capital Trust II 2,000 Shs. Nuveen Municipal Value Fund 1,971 Shs. Nuveen PA Investment duality Municipal Fund 2,101 Shs. Nuveen Pennsylvania PYemium Income 1,700 Shs. Nuveen Quality Pfd Income Fund 7,500 Shs. USAA Tax-Exempt Long berm Fund Preferred Stock 200 Shs. BGE Capital Trust II 6.2$ Pfd 400 Shs. Indiana Michigan Power Company Sr NT D 6~ PFD FORWARD $ 968,405.67 9,913.50 87.00 2,290.00 3,755.00 16,639.14 22,650.00 20,994.95 17,750.00 20,626.52 19,938.49 9,137.50 87,075.00 3,746.00 9,461.00 $ 1,212,469.77 - 5 - PRINCIPAL RECEIPTS (cont'd) FORWARD $ 1,212,469.77 Certificates of Deposit $44,769.50 Citizens Bank Certificate of Deposit #6140728150 44,769.50 Interest accrued to 11/04/08 38.09 $28,639.76 Citizens Bank Certificate of Deposit #6140730058 28,639.76 Interest accrued to 11/04/08 13.57 $22,911.72 Citizens Bank Certificate of Deposit #6247704661 22,911.72 Interest accrued to 11/04/08 4.66 $20,266.19 Citizens Bank Certificate of Deposit #6252142442 20,266.19 Interest accrued to 11/04/08 8.73 $65,809.11 Citizens Bank Certificate of Deposit #6252143988 65,809.11 Interest accrued to 11/04/08 97.98 $50,000 Citizens Bank Certificate of Deposit #6254357446 50,000.00 Interest accrued to 11/04/08 145.36 $20,000 M&T Bank Certificate of Deposit #445727 20,000.00 Interest accrued to 11/04/08 2.85 $43,320.42 Members 1st Federal Credit Union Certificate o f Deposit #53491-42 43,320.42 Interest accrued to 11/04/08 19.12 $36,546.69 Members 1st Federal Credit Union Certificate o f Deposit #53491-46 36,546.69 Interest accrued to 11/04/08 9.19 $44,162.78 Members 1st Federal Credit ' Union Certificate o f Deposit #53491-43 44,162.78 Interest accrued to 11/04/08 19.49 $35,154.79 Members 1st Federal Credit Union Certificate o f Deposit #53491-48 35,154.79 Interest accrued to 11/04/08 9.54 FO RWARD $ 1,624,419.31 - 6 - PRINCIPAL RECEIPTS (cont'd) FORWARD Certificates of Deposit (cont'd) $59,570.23 Members 1st Federal Credit Union Certificate of Deposit #53491-69 Interest accrued to 11/04/08 $53,494.03 Members 1st Federal Credit Union Certificate of Deposit #53991-70 Interest accrued to 11/04/08 $16,407.13 Orrstown Bank Certificate of Deposit $20,235.45 Orrstown Bank Certificate of Deposit $36,417.02 Orrstown Bank Certificate of Deposit $21,240.53 Orrstown Bank Certificate of Deposit $26,549.14 Sovereign Bank Certificate of Deposit #2895390231 Interest accrued to 11/04/08 $41,301.58 Sovereign Bank Certificate of Deposit #3385019611 Interest accrued to 11/04/08 $34,417.58 Sovereign Bank Certificate of Deposit #3385047133 Interest accrued to 11/04/08 $67,789.67 Sovereign Bank Certificate of Deposit #3385171065 Interest accrued to 11/04/08 $64,399.26 Sovereign Bank Certificate of Deposit #3385171073 Interest accrued to 11/04/08 FORWARD $ 1,624,419.31 59,570.23 18.07 53,494.03 16.22 16,407.13 20,235.45 36,417.02 21,240.53 26,549.14 13.93 41,301.58 21.68 34,417.58 18.06 67,789.67 35.58 64,399.26 33.79 $ 2,066,398.26 - 7 - PRINCIPAL RECEIPTS (oont'd) FORWARD $ 2,066,398.26 Certificates of Deposit (cont'dl $33,074.91 Sovereign Bank Certificate of Deposit #3385058106 33,074.91 Interest accrued to 11/04/08 14.72 $33,114. 28 Sovereign Bank Certificate of Deposit #3385058114 33,114.28 Interest accrued to 11/04/08 16.70 Foreign Stocks 300 Shs. HSBC Holdin gs PLC ADR 6.2o Pfd 5,422.50 800 Shs. Koninklijke Ahold NV 8,672.00 300 Shs. Royal Bank of Scotland ADR 6.258 Pf d 3,088.52 $ 2,149,801.89 Citizens Bank Checking Account #6100728455 12,676.88 Citizens Bank Checking Account #6208397932 147.06 Citizens Bank Checking Account #6221890954 166,508.54 Members 1st Federal Credit Union Savings Account #53491-00 1,238.11 Interest accrued to 11/04/08 .10 Orrstown Bank Checking Account #03438 182.42 Sovereign Bank Checking Account #1691027383 476.46 Proceeds from Sale of 1993 Buick Skylark Custom 3,071.28 FORWARD $ 2,354,102.74 - 8 - PRINCIPAL RECEIPTS (cont'd) FORWARD Proceeds of Sale of Right of Occupancy, Cumberland Crossings Retirement Center US Treasury - Refund - 2008 Form 1040 Janney Montgomery Scott Money Market #2593-3144 SUBSEQUENT RECEIPTS CASH: 11/04/08 Janney Montgomery Scott - Interest and Dividends Posted 11/3/08 $ 11/26/08 M&T Bank Certificate of Deposit #445727 - Interest Payable Prior to Date of Death 11/28/08 Pennsylvania Treasury Department Annuitant 12/02/08 Long Term Masviaach 12/12/08 Proceeds from Sale of $35,154.79 Members 1st Federal Credit Union Certificate of Deposit #53491-47 12/12/08 Accrued Interest on Sale of $35,154.79 Members lst Federal Credit Union 530.40 29.40 732.11 389.61 35,154.79 Certificate of Deposit #53491-47 9.54 12/15/08 Long Term Masviaach 244.35 12/31/08 Pennsylvania Treasury Department Annuitant 732.11 01/26/09 Diakon Lutheran Services - Refund 420.98 TOTAL PRINCIPAL RECEIPTS $ 2,354,102.74 48,028.75 2,592.00 3,454.76 $ 2,408,178.25 38,243.29 $ 2,446,421.54 ------------------ ------------------ - 9 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS GAIN LOSS 11/26/08 $20,000 M&T Bank Certificate of Deposit #445727 Net Proceeds 20,000.00 Acquisition Value 20,000.00 11/30/08 $25,000 US Treasury Notes 4.625$ due 11/30/08 Net Proceeds 25,000.00 Acquisition Value 25,085.94 $ 85.94 12/11/08 $26,599.14 Sovereign Bank Certificate of Deposit #2895390231 Net Proceeds 26,549.14 Acquisition Value 26,549.14 12/11/08 $41,301.58 Sovereign Bank Certificate of Deposit #3385019611 Net Proceeds 41,301.58 Acquisition Value 41,301.58 12/11/08 $34,417.58 Sovereign Bank Certificate of Deposit #3385047133 Net Proceeds 34,417.58 Acquisition Value 34,417.58 12/11/08 $67,789.67 Sovereign Bank Certificate of Deposit #3385171065 Net Proceeds 67,789.67 Acquisition Value 67,789.67 12/11/08 $64,399.26 Sovereign Bank Certificate of Deposit #3385171073 Net Proceeds 64,399.26 Acquisition Value 64,399.26 12/12/08 $33,114.28 Sovereign Bank Certificate of Deposit #3385058114 Net Proceeds 33,114.28 Acquisition Value 33,114.28 FORWARD $ 85.94 - 10 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) N LOSS FORWARD $ 85.94 12/12/08 $33,074.91 Sovereign Bank Certificate of Deposit #3385058106 Net Proceeds 33,074.91 Acquisition Value 33,074.91 12/12/08 $43,320.42 Members 1st Federal Credit Union Certificate of Deposit #53491-42 Net Proceeds 93,320.42 Acquisition Value 43,320.42 12/12/08 $44,162.78 Members 1st Federal Credit Union Certificate of Deposit #53491-43 Net Proceeds 44,162.78 Acquisition Value 44,162.78 12/12/08 $36,546.69 Members 1st Federal Credit Union Certificate of Deposit #53491-46 Net Proceeds 36,546.69 Acquisition Value 36,546.69 12/12/08 $35,154.79 Members 1st Federal Credit Union Certificate of Deposit #53491-48 Net Proceeds 35,154.7.9 Acquisition Value 35,154.79 12/12/08 $59,570.23 Members 1st Federal Credit Union Certificate of Deposit #53491-69 Net Proceeds 59,570.23 Acquisition Value 59,570.23 12/12/08 $53,494.03 Members 1st Federal Credit Union Certificate of Deposit #53491-70 Net Proceeds 53,494.03 Acquisition Value 53,494.03 12/17/08 $25,000 Federal Home Loan Mortgage Corporation 4$ due 6/15/16 Net Proceeds 23,968.75 Acquisition Value 24,197.95 229.20 FORWARD $ 315.14 - 11 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) FORWARD 12/18/08 1,000 Shs. Energizer Holdings Incorporated Net Proceeds 41,170.76 Acquisition Value 50,345.00 12/18/08 880 Shs. Rockwell Automation Incorporated Net Proceeds 24,666.26 Acquisition Value 26,061.20 12/18/08 880 Shs. Rockwell Collins Incorporated Net Proceeds 30,440.25 Acquisition Value 33,990.00 GAIN LOSS $ 315.14 9,174.24 1,394.94 3,549.75 12/18/08 219 Shs. Arvinmeritor Incorporated Net Proceeds 663.93 Acquisition Value 1,273.49 12/18/08 400 Shs. Lowes Companies Incorporated Net Proceeds 8,644.75 Acquisition Value 8,446.00 $ 12/18/08 260 Shs. General Mills Incorporated Net Proceeds 15,486.03 Acquisition Value 17,696.90 12/18/08 300 Shs. Heinz H. J. Company Net Proceeds 10,902.67 Acquisition Value 13,579.50 12/18/08 1,200 Shs. The Hershey Company Net Proceeds 42,170.56 Acquisition Value 45,834.00 12/18/08 800 Shs. Koninklijke Ahold NV Net Proceeds 9,463.99 Acquisition Value 8,672.00 12/18/08 300 Shs. Weis Markets Incorporated Net Proceeds 8,996.34 Acquisition Value 9,913.50 609.56 198.75 2,210.87 2,676.83 3,663.44 791.94 917.16 FORWARD $ 990.69 $ 24,511.93 - 12 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) FORWARD 12/18/08 2,160 Shs. Ameriprise Financial Incorporated Net Proceeds 39,831.46 Acquisition Value 49,323.60 12/18/08 390 Shs. Susquehanna Bancsh ares Incorporated Net Proceeds 5,161.23 Acquisition Value 6,331.63 12/18/08 300 Shs. Johnson & Johnson Net Proceeds 17,229.50 Acquisition Value 18,522.00 12/18/08 400 Shs. Microsoft Corporation Net Proceeds 7,557.03 Acquisition Value 9,306.00 12/18/08 300 Shs. Hawaiian Electric Industries Net Proceeds 6,672.08 Acquisition Value 8,065.50 12/18/08 464 Shs. PPL Corporation Net Proceeds 13,322.29 Acquisition Value 13,414.24 12/18/08 300 Shs. HSBC Holdings PLC ADR 6.2~ Pfd Net Proceeds 4,877.97 Acquisition Value 5,422.50 12/18/08 10,800 Shs. American Express Company Net Proceeds 205,744.24 Acquisition Value 317,898.00 12/18/08 4,160 Shs. Lehman Brothers Holdings Incorporated Net Proceeds 108.15 Acquisition Value 261.04 FORWARD GAIN LOSS $ 990.69 $ 24,511.93 9,492.14 1,170.90 1,292.50 1,748.97 1,393.42 91.95 544.53 112,153.76 152.89 $ 990.69 $ 152,552.49 - 13 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) FORWARD 12/18/08 300 Shs. Royal .Bank of Scotland ADR 6.25 Pfd Net Proceeds 2,176.98 Acquisition Value 3,088.52 12/18/08 800 Shs. General Motors Corporation Net Proceeds 2,418.98 Acquisition Value 4,520.00 12/18/08 2,000 Shs. Nuveen Municipal Value Fund Net Proceeds 15,950.07 Acquisition Value 17,750.00 12/18/08 1,971 Shs. Nuveen PA Investment Quality Municipal Fund Net Proceeds 15,669.36 Acquisition Value 20,626.52 12/18/08 2,101 Shs. Nuveen Pennsylvania Premium Income Net Proceeds 15,148.12 Acquisition Value 19,938.49 12/18/08 400 Shs. Indiana Michigan Power Company Sr NT D 6~ PFD Net Proceeds 9,271.94 Acquisition Value 9,461.00 12/18/08 1,700 Shs. Nuveen Quality Pfd Income Fund Net Proceeds 5,831.00 Acquisition Value 9,137.50 12/18/08 200 Shs. BGE Capital Trust II 6.2a Pfd Net Proceeds 3,325.76 Acquisition Value 3,746.00 12/18/08 $16,407.13 Orrstown Bank Certificate of Deposit Net Proceeds 16,407.13 Acquisition Value 16,407.13 GAIN LOSS $ 990.69 $ 152,552.49 911.54 2,101.02 1,799.93 4,957.16 4,790.37 189.06 3,306.50 420.24 FORWARD $ 990.69 $ 171,028.31 - 14 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN LOSS FORWARD $ 990.69 $ 171,028.31 12/18/08 $20,235.45 Orrstown Bank Certificate of Deposit Net Proceeds 20,235.45 Acquisition Value 20,235.45 12/18/08 $36,417.02 Orrstown Bank Certificate of Deposit Net Proceeds 36,417.02 Acquisition Value 36,417.02 12/18/08 $21,240.53 Orrstown Bank Certificate of Deposit Net Proceeds 21,240.53 Acquisition Value 21,240.53 12/19/08 $10,000 Reading SD 4.375$ due 3/1/25 Net Proceeds 7,926.20 Acquisition Value 9,190.30 1,264.10 12/19/08 $50,000 Central Dauphin ASD 5$ due 11/15/24 Net Proceeds 52,461.50 Acquisition Value 50,670.01 1,791.49 12/19/08 $20,000 Blairsville-Saltsburg SC 4.5~ due 3/15/24 Net Proceeds 16,574.20 Acquisition Value 18,505.40 1,931.20 12/19/08 $25,000 Bloomsburg ASD 5~ due 9/1/19 Net Proceeds 26,595.25 Acquisition Value 25,478.57 1,116.68 12/19/08 $20,000 Pennsylvania State GO 4.5~ due 2/1/22 Net Proceeds 18,470.80 Acquisition Value 18,851.60 380.80 12/19/08 $15,000 GMAC 6~ due 3/15/19 Net Proceeds 1,771.50 Acquisition Value 4,621.40 2,849.90 FORWARD $ 3,898.86 $ 177,454.31 - 15 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (oont'd) GAIN LOSS FORWARD $ 3,898.86 $ 177,454.31 12/19/08 1,000 Shs. NPB Capital Trust II Net Proceeds 20,515.88 Acquisition Value 20,994.95 479.07 12/23/08 275 Shs. Fulton Financial Corporation Net Proceeds 2,686.73 Acquisition Value 2,846.25 159.52 01/06/09 $44,769.50 Citizens Bank Certificate of Deposit #6140728150 Net Proceeds 44,769.50 Acquisition Value 44,769.50 01/06/09 $28,639.76 Citizens Bank Certificate of Deposit #6140730058 Net Proceeds 28,639.76 Acquisition Value 28,639.76 01/06/09 $22,911.72 Citizens Bank Certificate of Deposit #6247704661 Net Proceeds 22,911.72 Acquisition Value 22,911.72 01/06/09 $20,266.19 Citizens Bank Certificate of Deposit #6252142442 Net Proceeds 20,266.19 Acquisition Value 20,266.19 01/06/09 $65,809.11 Citizens Bank Certificate of Deposit #6252143988 Net Proceeds 65,809.11 Acquisition Value 65,809.11 01/06/09 $50,000 Citizens Bank Certificate of Deposit #6254357446 Net Proceeds 50,000.00 Acquisition Value 50,000.00 01/26/09 Long Term Capital Gain Distribution on USAA Tax-Exempt Long Term Fund Net Proceeds 453.78 Acquisition Value .00 453.78 FORWARD $ 4,352.64 $ 178,092.90 - 16 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) FORWARD 03/03/09 $25,000 U S Treasury Notes 4.758 due. 2/28/09 Net Proceeds 25,000.00 Acquisition Value 25,328.13 04/07/09 $111,000 U S Series H Savings Bonds Net Proceeds 111,000.00. Acquisition Value 111,000.00 09/02/09 5,000 Shs. Lord Abbett Municipal Income Trust Net Proceeds 24,150.00 Acquisition Value 22,650.00 GAIN LOSS $ 4,352.64 $ 178,092.90 328.13 1,500.00 09/02/09 7,539.391 Shs. USAA Tax-Exempt Long Term Fund Net Proceeds 94,242.39 Acquisition Value 87,528.78 TOTALS NET LOSS TRANSFERRED TO SUMMARY 6,713.61 $ 12,566.25 $ 178,421.03 --------------- --------------- --------------- --------------- $ 165,854.78 --------------- --------------- - 17 - PRINCIPAL REAPPRAISEMENT REAPPRAISED AS OF 12/17/08 $25,000 Federal Home Loan Mortgage Corporation 4~ due 6/15/16 - Accreted Discount REAPPRAISED AS OF 12/19/08 $25,000 Bloomsburg ASD 5o due 9/1/19 - Prior Year Amortization $25,000 Bloomsburg ASD 5°s due 9/1/19 - Current Year Amortization $50,000 Central Dauphin ASD 5g due 11/15/24 - Prior Year Amortization $50,000 Central Dauphin ASD 5% due 11/15/24 - Current Year Amortization REAPPRAISED AS OF 06/01/09 $20,000 Allegheny Co IDA 5~ due 12/1/27 - Prior Year Amortization $20,000 Allegheny Co IDA 5o due 12/1/27 - Current Year Amortization TOTALS DECREASE TRANSFERRED TO SUMMARY PAGE ACCOUNT REAPPRAISED VALUE VALUE $ 23,530.68 $ 24,197.95 26,478.75 25,629.32 25,629.32 25,478.57 52,520.50 50,973.96 50,973.96 50,670.01 20,011.60 20,Ob7.84 20,007.84 20,008.20 $ 219,152.65 $ 216,965.85 2,186.80 $ 219,152.65 $ 219,152.65 --------------- --------------- --------------- --------------- - 18 - DISBURSEMENTS OF PRINCIPAL FUNERAL EXPENSES Auer Cremation Services of Pennsylvania Incorporated 11/26/08 Funeral Expense - Balance Due Cumberland Crossinas 12/11/08 Funeral Expense - Memorial Service George's Flowers 12/11/08 Funeral Expense - Flowers Phyllis L. Chiraotis 11/26/08 Reimbursement for Expenses for Burial at Fort Indiantown Gap St. Paul's Lutheran Church 11/26/08 Arranging Memorial Service for Martha L. Davis LEGAL FEES Martson Law Offices 12/07/09 Attorney Fee DEBTS OF DECEDENT Cumberland Crossinas 11/26/08 Nursing Home Expense - Balance Due 12/11/08 Nursing Home Expense Citi Cards 11/25/08 Paid from Citizen's Account 12/10/08 Balance Due 03/30/09 Refund Embara 12/30/08 Telephone Expense $ 894.31 622.75 130.38 120.21 200.00 $ 1,967.65 29,878.10 29,878.10 $ 952.14 932.00 1,884.14 $ 20.00 20.00 -20.00 20.00 35.18 FORWARD $ 1,939.32 $ 31,845.75 - 19 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 1,939.32 $ 31,845.75 DEBTS OF DECEDENT (cont'd Joan Kuntz 11/26/08 Final Care for Martha L. Davis 90.00 Met-Ed 01/06/09 Electricity Expense 112.52 Pennsylvania Dept of Revenue State Individual Income Tax 04/13/09 2008 Balance Due 199.00 UGI Utilities Incorporated 01/05/09 Gas Expense $ 244.62 02/04/09 Gas Expense 166.61 04/28/09 Refund -2.29 408.94 USAA Investment Management Company 03/02/09 Auto Insurance Premium $ 70.10 03/24/09 Auto Insurance Premium 173.79 04/23/09 Auto Insurance Premium 18.59 06/24/09 Refund of Auto Policy -160.55 07/23/09 Refund of Membership -783.50 -681.57 Visiting Angels 11/26/08 Nursing Care Expense 306.25 FEDERAL STATE & LOCAL TAXES Cumberland County Register of Wills 01/29/09 Pennsylvania Inheritance Tax Payment $ 64,000.00 07/30/09 Pennsylvania Inheritance Tax - Balance Due 483.10 64,483.10 FORWARD 2,374.46 64,483.10 $ 98,703.31 - 20 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD GENERAL DISBURSEMENTS Transfer to Income 03/31/09 For Distribution ADMINISTRATION - MISC. EXPENSES Carl E. Ocker, Auctioneer 12/11/08 Appraisal Fee - Personal Property Cumberland County Register of Wills 02/11/09 Short Certificates 03/13/09 Short Certificates 07/30/09 Filing Fee 08/03/09 Additional Probate Costs Citizens Bank Checking Account #6100728455 11/12/08 Outstanding Check #1102 11/18/08 Outstanding Check #1103 Citizens Bank Checking Account #6208347932 11/21/08 Monthly Maintenance Fee 12/21/08 Monthly Maintenance Fee Cumberland Law Journal 12/03/08 Cost of Advertising and Proof of Publication $ 4.00 8.00 15.00 350.00 48,028.75 $ 98,703.31 48,028.75 Embarg 11/17/08 Telephone Expense 01/06/09 Telephone Expense 02/18/09 Refund Martson Law Offices 11/26/08 Reimbursement of Probate Costs FORWARD $ 200.00 90.00 $ 10.00 10.00 $ 36.55 47.84 -35.86 150.00 377.00 290.00 20.00 75.00 48.53 1,153.00 $ 2,113.53 $ 146,732.06 - 21 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ ADMINISTRATION - MISC. EXPENSES (cont'd) Meredith L. Rials 11/26/08 Reimbursement of Shipping Costs for Personal Property Manufacturers and Traders Trust Company 02/04/09 Reimbursement for Shipping Costs for Personal Property Phyllis L. Chirgotis 11/26/08 Reimbursement of Shipping Costs for Personal Property $ 438.70 12/23/08 Reimbursement for Move of Furniture to Avon, CT 925.68 Pennsylvania State Employees Retirement System 02/01/10 Return of November 2008 Benefit 02/02/10 Return of December 2008 Benefit The Sentinel 11/12/08 12/31/08 Cost of Advertising and Proof of Publication UGI Utilities Incorporated 11/12/08 Gas Expense $ 732.11 732.11 $ 12.00 166.60 2,113.53 $ 146,732.06 506.31 111.11 1,364.38 1,464.22 178.60 44.68 RESERVES: Manufacturers and Traders Trust Company - Executor Fee $ 62,600.00 Martson Law Offices - Attorney Fee 29,875.00 Cumberland County Register of Wills - Filing Fee 1,500.00 93,975.00 TOTAL DISBURSEMENTS OF PRINCIPAL 99,757.83 $ 246,489.89 --------------- --------------- - 22 - DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES Davis Family 02/24/09 Personal Property Rials/Chiraotis Families 02/24/09 Personal Property Susquehanna University - The Laudenslaaer Fund for Education 11/24/09 Advance Distribution Meredith Laudenslaaer Rials - As per Item Two (B) of the Will 03/20/09 Specific Bequest Phyllis Laudenslaaer Chiraotis - As per' Item Two (B) of the Will 03/20/09 Specific Bequest Gary Robert Davis - As per Item Two (C) of Codicil to the Will 03/20/09 Specific Bequest Kathy Davis Hammond - As per Item Two (C) of Codicil to the Will 03/20/09 Specific Bequest Thelma C. Davis - Specific Bequest as per Item Two (C) of Codicil to the Will 03/20/09 Specific Bequest Thomas Edward Davis - Specific Beauest as per Item Two (C) of Codicil to the Will 03/20/09 Specific Bequest FORWARD $ 2,290.00 3,755.00 1,000,000.00 200,000.00 200,000.00 25,000.00 25,000.00 25,000.00 25,000.00 $ 1,506,045.00 - 23 - DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES (cont'd) FORWARD $ 1,506,045.00 Snyder County Historical Society - As per Item Two (D) of the Will 03/20/09 Specific Bequest 20,000.00 MOAA Scholarship Fund - As per Item Two (E) of the Will 03/20/09 Specific Bequest 10,000.00 TOTAL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES $ 1,536,045.00 --------------- --------------- - 24 - PRINCIPAL BALANCE ON HAND FIDUCIARY VALUE AT ACQUISITION 02/18/2010 VALUE Bonds $20,000 Allegheny Co IDA 5~ due 12/1/27 $ 19,998.80 $ 20,008.20 $25,000 US Treasury Note 1.25$ due 11/30/10 25,185.50 24,990.66 Mutual Funds 1,982.88 Shs. Delaware Foundation Funds 19,491.71 16,639.14 $ 64,676.01 $ 61,638.00 CASH (AUTOMATICALLY INVESTED) 434,207.07 434,207.07 TOTAL PRINCIPAL BALANCE ON HAND $ 498,883.08 $ 495,845.07 ------------------ ------------------ ------------------ ------------------ THE ABOVE CASH IS CURRENTLY INVESTED IN MTB Money Market-Inst I Fund #420 - 25 - PRINCIPAL INVESTMENTS MADE 12/01/08 $25,000 US Treasury Note 1.25 due 11/30/10 01/26/09 39.391 Shs. USAA Tax-Exempt Long Term Fund TOTAL PRINCIPAL INVESTMENTS MADE $ 24,990.66 453.78 $ 25,444.44 --------------- --------------- - 26 - CHANGES IN PRINCIPAL HOLDINGS 06/01/09 AlleQheny Co IDA 5~ due 12/1/27 $20,000 Held as of Date of Death Current Year Amortization $20,000 06/01/09 Prior Year Amortization $20,000 --------------------- --------------------- American Express Company 10,800 Shs. Held as of Date of Death 12/18/08 10,800 Shs. Sold 0 Shs. --------------------- --------------------- Ameriprise Financial Incorporated 2,160 Shs. Held as of Date of Death 12/18/08 2,160 Shs. Sold 0 Shs. Arvinmeritor Incorporated 219 Shs. Held as of Date of Death 12/18/08 219 Shs. Sold 0 Shs. --------------------- --------------------- ACCOUNT VALUE $ 20,011.60 0.36 $ 20,011.96 -3.76 $ 20.,008.20 ------------------ ------------------ $ 317,898.00 -317,898.00 $ 0.00 ------------------ ------------------ $ 49,323.60 -49,323.60 $ 0.00 ------------------ ------------------ $ 1,273.49 -1,273.49 $ 0.00 ------------------ ------------------ - 27 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) BGE Capital Trust II 6.2% Pfd 200 Shs. Held as of Date of Death 12/18/08 200 Shs. Sold 0 Shs. Blairsville-Saltsbura SC 4.5% due 3 15 24 $20,000 Held as of Date of Death 12/19/08 $20,000 Sold $0 Bloomsburg ASD 5% due 9/1/19 $25,000 Held as of Date of Death 12/19/08 Current Year Amortization $25,000 12/19/08 Prior Year Amortization $25, 000 12/19/08 $25,000 Sold $0 ACCOUNT VALUE $ 3,746.00 -3,746.00 $ 0.00 $ 18,505.40 -18,505.40 $ 0.00 $ 26,478.75 -150.75 $ 26,328.00 -849.43 $ 25,478.57 -25,478.57 $ 0.00 - 28 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Central Dauphin ASD 5~ due 11/15/24 $50,000 Held as of Date of Death 12/19/08 Current Year Amortization $50,000 12/19/08 Prior Year Amortization $50,000 12/19/08 $50,000 Sold $0 Citizens Bank Certificate of Deposit #6140728150 $44,769.500 Held as of Date of Death 01/06/09 $44,769.500 Sold $0.000 Citizens Bank Certificate of Deposit #6140730058 $28,639.76 Held as of Date of Death 01/06/09 $28,639.76 Sold $0.00 --------------------- --------------------- ACCOUNT VALUE $ 52,520.50 303.95 $ 52,216.55 -1,596.54 $ 50,670.01 -50,670.01 $ ----- ----- 0.00 ------------- ------------- $ 44,769.50 -44,769.50 $ 0.00 ------------------ ------------------ $ 28,639.76 -28,639.76 $ 0.00 ------------------ ------------------ - 29 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Citizens Bank Certificate of Deposit #6247704661 $22,911.72 Held as of Date of Death $ 22,911.72 01/06/09 $22,911.72 Sold -22,911.72 $0.00 $ 0.00 Citizens Bank Certificate of Deposit #6252142442 $20,266.19 Held as of Date of Death $ 20,266.19 01/06/09 $20,266.19 Sold -20,266.19 $0.00 $ 0.00 Citizens Bank Certificate of Deposit #6252143988 $65,809.11 Held as of Date of Death $ 65,809.11 01/06/09 $65,809.11 Sold -65,809.11 $0.00 $ 0.00 Citizens Bank Certificate of Deposit #6254357446 $50,000 Held as of Date of Death $ 50,000.00 01/06/09 $50,000 Sold -50,000.00 $0 $ 0.00 - 30 - CHANGES IN PRINCIPAL HOLDINGS (cont'd] ACCOUNT VALUE Delaware Group Ecruity Fund 1,211 Shs. Held as of Date of Death $ 16,639.14 04/20/09 1,211 Shs. Delivered in merger to Delaware Foundation Funds -16,639.14 0 Shs. --------------------- $ ----- ----- 0.00 ------------- ------------- --------------------- Delaware Foundation Funds 04/20/09 1,982.88 Shs. Received in merger from Delaware Group Equity Fund --------------------- ---- $ ----- ----- 16,639.14 ------------- ------------- ----------------- Energizer Holdings Incorporated 1,000 Shs. Held as of Date of Death $ 50,345.00 12/18/08 1,000 Shs. Sold -50,345.00 0 Shs. --------------------- $ ----- 0.00 ------------- ------------- --------------------- Federal Home Loan MortctaQe Corporation ----- 4$ due 6/15/16 $25,000 Held as of Date of Death $ 23,530.68 12/17/08 Accreted Discount 667.27 $25,000 $ 24,197.95 12/17/08 525,000 Sold -24,197.95 $0 $ 0.00 - 31 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Fulton Financial Corporation 275 Shs. Held as of Date of Death $ 2,846.25 12/23/08 275 Shs. Sold -2,846.25 0 Shs. $ 0.00 --------------------- ------------------ General Mills Incorporated 260 Shs. Held as of Date of Death $ 17,696.90 12/18/08 260 Shs. Sold -17,696.90 0 Shs. $ 0.00 --------------------- ------------------ --------------------- ------------------ General Motors Corpo 800 Shs. 12/18/08 800 Shs. 0 Shs. --------------------- --------------------- GMAC 6g due 3/15/19 $15,000 12/19/08 $15,000 $0 --------------------- --------------------- ration Held as of Date of Death $ 4,520.00 Sold -4,520.00 $ 0.00 ------------------ ------------------ Held as of Date of Death $ 4,621.40 Sold -4,621.40 $ 0.00 ------------------ ------------------ - 32 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE , Hawaiian Electric Industries 300 Shs. Held as of Date of Death $ 8,065.50 12/18/08 300 Shs. Sold -8,065.50 0 Shs. $ 0.00 Heinz H. J. Company 300 Shs. Held as of Date of Death $ 13,579.50 12/18/08 300 Shs. Sold -13,579.50 0 Shs. $ 0.00 HSBC Holdincts PLC ADR 6.2~ Pfd 300 Shs. Held as of Date of Death $ 5,422.50 12/18/08 300 Shs. Sold -5,422.50 0 Shs. $ ---- 0.00 -------------- Indiana Michigan Power Company Sr NT D 6~ PFD 400 Shs. Held as of Date of Death $ 9,461.00 12/18/08 400 Shs. Sold -9,461.00 0 Shs. $ 0.00 - 33 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Johnson & Johnson 300 Shs. Held as of Date of Death $ 18,522.00 12/18/08 300 Shs. Sold -18,522.00 0 Shs. $ 0.00 Koninkli~ke Ahold NV 800 Shs. Held as of Date of Death $ 8,672.00 12/18/08 800 Shs. Sold -8,672.00 0 Shs. $ 0.00 Lehman Brothers Holdings Incorporated 4,160 Shs. Held as of Date of Death $ 261.04 12/18/08 4,160 Shs. Sold -261.04 0 Shs. $ 0.00 Lord Abbett Municipal Income Trust 5,000 Shs. Held as of Date of Death $ 22,650.00 09/02/09 5,000 Shs. Sold -22,650.00 0 Shs. $ 0.00 - 34 - CHANGES IN PRINCIPAL HOLDINGS (oont'd) ACCOUNT VALUE Lowes Companies Incorporated 400 Shs. Held as of Date of Death $ 8,446.00 12/18/08 400 Shs. Sold -8,446.00 0 Shs. $ 0.00 M&T Bank Certificate of Deposit #445727 $20,000 Held as of Date of Death $ 20,000.00 11/26/08 $20,000 Sold -20,000.00 $0 $ 0.00 Members 1st. Federal Credit Union Certificate of Deposit #53491-42 $43,320.42 Held as of Date of Death $ 43,320.42 12/12/08 $43,320.42 Sold -43,320.42 $0.00 $ 0.00 Members 1st Federal Credit Union Certificate of Deposit #53491-46 $36,546.69 Held as of Date of Death $ 36,546.69 12/12/08 $36,546.69 Sold -36,546.69 $0.00 $ 0.00 - 35 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Members 1st Federal Credit Union Certificate of Deposit #53491-43 $44,162.78 Held as of Date of Death $ 44,162.78 12/12/08 $44,162.78 Sold -44,162.78 $0.00 $ 0.00 Members 1st Federal Credit Union Certificate of Deposit #53491-48 $35,154.79 Held as of Date of Death $ 35,154.79 12/12/08 $35,154.79 Sold -35,154.79 $0.00 $ 0.00 --------------------- ------------------ --------------------- ------------------ Members 1st Federal Credit Union Certificate of Deposit #53491-69 $59,570.23 Held as of Date of Death $ 59,570.23 12/12/08 $59,570.23 Sold -59,570.23 $0.00 $ 0.00 --------------------- ------------------ --------------------- ------------------ Members 1st Federal Credit Union Certificate of Deposit #53491-70 $53,494.03 Held as of Date of Death $ 53,494.03 12/12/08 $53,494.03 Sold -53,494.03 $0.00 $ 0.00 - 36 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Microsoft Corporation 400 Shs. Held as of Date of Death 12/18/08 400 Shs. Sold 0 Shs. --------------------- --------------------- NPB Capital Trust II 1,000 Shs. Held as of Date of Death 12/19/08 1,000 Shs. Sold 0 Shs. Nuveen Municipal Value Fund 2,000 Shs. Held as of Date of Death 12/18/08 2,000 Shs. Sold 0 Shs. --------------------- --------------------- Nuveen PA Investment Quality Municipal Fund 1,971 Shs. Held as of Date of Death 12/18/08 1,971 Shs. Sold 0 Shs. $ 9,306.00 -9,306.00 $ 0.00 ------------------ ------------------ $ 20,994.95 -20,994.95 $ 0.00 ------------------ ------------------ $ 17,750.00 -17,750.00 $ 0.00 ------------------ ------------------ $ 20,626.52 -20,626.52 $ 0.00 ------------------ ------------------ - 37 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Nuveen Pennsylvania Premium Income 2,101 Shs. Held as of Date of Death $ 19,938.49 12/18/08 2,101 Shs. Sold -19,938.49 0 Shs. $ ----- 0.00 ------------- Nuveen Quality Pfd Income Fund 1,700 Shs. Held as of Date of Death $ 9,137.50 12/18/08 1,700 Shs. Sold -9,137.50 0 Shs. ------------------ $ ----- ----- 0.00 ------------- ------------- --- --------------------- Orrstown Bank Certificate of Dep osit $16,407.13 Held as of Date of Death $ 16,407.13 12/18/08 $16,407.13 Sold -16,407.13 $0.00 --------------------- $ ----- ----- 0.00 ------------- ------------- --------------------- Orrstown Bank Certificate of De posit $20,235.45 Held as of Date of Death $ 20,235.45 12/18/08 $20,235.45 Sold -20,235.45 $0.00 --------------------- --------------------- $ ---- ---- 0.00 -------------- -------------- - 38 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Orrstown Bank Certificate of Dep osit $36,417.02 Held as of Date of Death $ 36,417.02 12/18/08 $36,417.02 Sold -36,417.02 $0.00 --------------------- $ ----- ----- 0.00 ------------- ------------- --------------------- Orrstown Bank Certificate of Dep osit $21,240.53 Held as of Date of Death $ 21,240.53 12/18/08 $21,240.53 Sold -21,240.53 $0.00 $ 0.00 Pennsylvania State GO 4.5$ due 2 /1/22 $20,000 Held as of Date of Death $ 18,851.60 12/19/08 $20,000 Sold -18,851.60 $0 $ 0.00 Personal Property (Davis Family) 0 Held as~of Date of Death $ 2,290.00 02/24/09 0 Distributed in Kind -2,290.00 p $ ---- ---- 0.00 -------------- -------------- - 39 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Personal Property (Rials/Chiraotis Families) 0 Held as of Date of Death $ 3,755.00 02/24/09 0 Distributed in Kind -3,755.00 0 $ 0.00 PPL Corporation 464 Shs. Held as of Date of Death $ 13,414.24 12/18/08 464 Shs. Sold -13,414.24 0 Shs. --------------------- $ ---- 0.00 -------------- --------------------- Reading SD 4.375 due 3/1/ 25 ---- -------------- $10,000 Held as of Date of Death $ 9,190.30 12/19/08 $10,000 Sold -9,190.30 $0 --------------------- $ ---- 0.00 -------------- --------------------- Rockwell Automation Incorp orated ---- -------------- 880 Shs. Held as of Date of Death $ 26,061.20 12/18/08 880 Shs. Sold -26,061.20 0 Shs. --------------------- --------------------- $ ---- ---- 0.00 -------------- -------------- - 40 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Rockwell Collins Incorporated 880 Shs. Held as of Date of Death $ 33,990.00 12/18/08 880 Shs. Sold -33,990.00 0 Shs. $ 0.00 Royal Bank of Scotland ADR 6.25 Pfd 300 Shs. Held as of Date of Death $ 3,086.52 12/16/08 300 Shs. Sold -3,088.52 0 Shs. $ 0.00 Sovereign Bank Certificate of Deposit #2895390231 $26,549.14 Held as of Date of Death $ 26,549.14 12/11/08 $26,549.14 Sold -26,549.14 $0.00 $ 0.00 Sovereicxn Bank Certificate of Deposit #3385019611 $41,301.58 Held as of Date of Death $ 41,301.58 12/11/08 $41,301.58 Sold -41,301.58 $0.00 $ 0.00 --------------------- ------------------ --------------------- ------------------ - 41 - CHANGES IN PRINCIPAL HOLDINGS (cont'dl ACCOUNT VALUE Sovereign Bank Certificate of Deposit #3385047133 $34,417.58 Held as of Date of Death $ 34,417.58 12/11/08 $34,417.58 Sold -34,417.58 $0.00 $ 0.00 Sovereign Bank Certificate of Deposit #3385171065 $67,789.67 Held as of Date of Death $ 67,789.67 12/11/08 $67,789.67 Sold -67,789.67 $0.00 $ 0.00 Sovereign Bank Certificate of. Deposit #3385171073 $64,399.26 Held as of Date of Death $ 64,399.26 12/11/08 $64,399.26 Sold -64,399.26 $0.00 $ 0.00 Sovereign Bank Certificate of Deposit. #3385058106 $33,074.91 Held as of Date of Death $ 33,074.91 12/12/08 $33,074.91 Sold -33,074.91 $0.00 $ 0.00 - 42 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) Sovereign Bank Certificate of Deposit #3385058114 $33,114.28 Held as of Date of Death 12/12/08 $33,114.28 Sold . $0.00 Susquehanna Bancshares Incorporated 390 Shs. Held as of Date of Death 12/18/08 390 Shs. Sold 0 Shs. --------------------- --------------------- The Hershey Company 1,200 Shs. Held as of Date of Death 12/18/08 1,200 Shs. Sold 0 Shs. --------------------- --------------------- U S Series H Savings Bonds $111,000 Held as of Date of Death 04/07/09 $111,000 Sold $0 --------------------- --------------------- ACCOUNT VALUE $ 33,114.28 -33,114.28 $ 0.00 $ 6,331.63 -6,331.63 $ 0.00 ------------------ ------------------ $ 45,834.00 -45,834.00 $ 0.00 ------------------ ------------------ $ 111,000.00 -111,000.00 $ 0.00 ------------------ ------------------ - 43 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) U S Treasurv Notes 4.750 due 2/28/09 $25,000 Held as of Date of Death 03/03/09 $25,000 Matured $0 US Treasurv Note 1.250 due 11/30/10 12/01/08 $25,000 Purchased --------------------- --------------------- US Treasurv Notes 4.625 due 11/30/08 $25,000 Held as of Date of Death 11/30/08 __ $25,000 Matured $0 ACCOUNT VALUE $ 25,328.13 -25,328.13 $ 0.00 $ 24,990.66 $ 25,085.94 -25,085.94 $ 0.00 ------------------ USAA Tax-Exempt Long Term Fund 7,500.0 Shs. Held as of Date of Death $ 87,075.00 01/26/09 39.391 Shs. Reinvested Capital Gain 453.78 7,539.391 Shs. $ 87,528.78 01/26/09 Long Term Capital Gain Distribution 0.00 7,539.391 Shs. $ 87,528.78 09/02/09 7,539.391 Shs. Sold -87.528.78 0.0 ---------------- ---------------- Shs. ----- ----- $ ----- ----- 0.00 ------------- ------------- - 44 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Weis Markets Incorporated 300 Shs. Held as of Date of Death $ 9,913.50 12/18/08 300 Shs. Sold -9,913.50 0 Shs. $ 0.00 ------------------ --------------------- ------------------ --------------------- - 45 - RECEIPTS OF INCOME Alleahenv Co IDA 5$ due 12/1/27 11/04/08 Interest accrued to 11/04/2008 $ -425.00 12/01/08 Interest $20,000 500.00 06/01/09 Interest $20,000 500.00 12/01/09 Interest $20,000 500.00 $ 1,075.00 Ameriprise Financial Incor porated 11/21/08 Dividend 2,160 Sh s. 367.20 Arvinmeritor Incorporated 12/08/08 Dividend 219 Shs. 21.90 Blairsvil le-Saltsburcr SC 4.5o due 3 15 24 11/04/08 Interest accrued to 11/04/2008 $ -122.50 12/19/08 Sale of interest accrued to 12/19/2008 235.00 112.50 Bloomsbur a ASD 5~ due 9/1/ 19 11/04/08 Interest accrued to 11/04/2008 $ -218.75 12/19/08 Sale of interest accrued to 12/19/2008 375.00 156.25 Central Dauphin ASD 5~ due 11/15/24 11/04/08 Interest accrued to 11/04/08 $ -1,173.61 11/17/08 Interest $50,000 1,250.00 12/19/08 Sale of interest accrued to 12/19/2008 236.11 312.50 Citizens Bank Certificate of Deposit #6140728150 11/04/08 Interest accrued to 11/04/2008 $ -38.09 01/06/09 Interest $44,769. 50 301.07 262.98 Citizens Bank Certificate of Deposit #6140730058 11/04/08 Interest accrued to 11/04/2008 $ -13.57 01/06/09 Interest $28,639. 76 104.62 91.05 FORWARD $ 2,399.38 - 46 - RECEIPTS OF INCOME (cont'd) FORWARD Citizens Bank Certificate of Deposit #6247704661 11/04/08 Interest accrued to 11/04/2008 $ -9.66 01/06/09 Interest $22,911.72 79.32 Citizens Bank Certificate of Deposit #6252142442 11/04/08 Interest accrued to 11/04/2008 $ -8.73 01/06/09 Interest $20,266.19 144.31 Citizens Bank Certificate of Deposit #6252143988 11/04/08 Interest accrued to 11/04/2008 $ -97.98 01/06/09 Interest $65,809.11 374.79 Citizens Bank Certificate of Deposit #6254357446 11/04/08 Interest accrued to 11/04/2008 $ -145.36 01/06/09 Interest $50,000 480.67 Citizens Bank Checking Account #6100728455 11/2.1/08 Interest $ 3.05 12/18/08 Interest 4.89 01/06/09 Interest 878.28 Citizens Bank Checking Account #6208347932 11/21/08 Interest $ 0.06 12/21/08 Interest 0.05 Delaware Foundation Funds 12/28/09 Dividend 1,982.88 Shs. Delaware Group Equity Fund 12/26/08 Dividend 1,211 Shs. $ 03/25/09 Dividend 1,211 Shs. FORWARD $ $ 2,399.38 74.66 135.58 276.81 335.31 886.22 11 442.18 255.52 115.05 370.57 $ 4,550.25 - 47 - RECEIPTS OF INCOME (cont'd) FORWARD $ 370.57 $ Delaware Group Eauitv Fund (cont'd) 04/15/09 Dividend 1,211 Shs. Federal Home Loan Mortaaae Corporation 4~ due 6/15/16 11/04/08 Interest accrued to 11/04/2008 11/17/08 Interest $25,000 12/15/08 Interest $25,000 12/17/08 Sale of interest accrued to 12/17/2008 Fulton Financial Corporation 01/15/09 Dividend 275 Shs. GMAC 6g due 3/15/19 11/04/08 Interest accrued to 11/04/2008 12/19/08 Sale of interest accrued to 12/19/2008 Hawaiian Electric Industries 12/10/08 Dividend 300 Shs. HSBC Holdings PLC ADR 6.2~ Pfd 12/15/08 Dividend 300 Shs. Janney Advantage Insured Sweep 12/08/08 Interest Johnson & Johnson 12/09/08 Dividend 300 Shs. Lord Abbett Municipal Income Trust 11/05/08 Dividend 5,000 Shs. 12/08/08 Dividend 5,000 Shs. 01/07/09 Dividend 5,000 Shs. 02/03/09 Dividend 5,000 Shs. 03/05/09 Dividend 5,000 Shs. FORWARD 53.28 $ -52.78 83.33 83.33 $ -122.50 235.00 92.11 92.03 92.09 92.07 92.06 06 4,550.25 423.85 119.44 41.25 112.50 93.00 116.25 138.00 460.36 $ 5,594.60 - 48 - RECEIPTS OF INCOME (cont'd) FORWARD $ 460.36 $ Lord Abbett Municipal Income Trust (cont'd) 04/03/09 Dividend 5,000 Shs. 91.97 05/05/09 Dividend 5,000 Shs. 92.10 06/05/09 Dividend 5,000 Shs. 92.03 07/07/09 Dividend 5,000 Shs. 92.10 08/05/09 Dividend 5,000 Shs. 91.97 09/04/09 Dividend 5,000 Shs. 8E3.93 M&T Bank Certificate of Deposit #445727 11/04/08 Interest accrued to 11/04/2008 $ -?_.85 11/26/08 Interest $20,000 23.72 Members 1st Federal Credit Union Certificate of Deposit #53491-42 11/04/08 Interest accrued to 11/04/2008 $ -19.12 12/12/08 Interest $43,320.42 248.81 Members 1st Federal Credit Union Certificate of Deposit #53491-46 11/04/08 Interest accrued to 11/04/2008 $ -9.19 12/12/08 Interest $36,546.69 119.56 Members 1st Federal Credit Union Certificate of Deposit #53491-43 11/04/08 Interest accrued to 11/04/2008 $ -19.49 12/12/08 Interest $44,162.78 253.65 Members 1st Federal Credit Union Certificate of Deposit #53491-48 11/04/08 Interest accrued to 11/04/2008 $ -9.54 12/12/08 Interest $35,154.79 124.03 Members 1st Federal Credit Union Certificate of Deposit #53491-69 11/04/08 Interest accrued to 11/04/2008 $ -18.07 12/12/08 Interest $59,570.23 235.04 FORWARD 5,594.60 1,009.46 20.87 229.69 110.37 234.16 114.49 216.97 $ 7,530.61 - 49 - RECEIPTS OF INCOME (cont'd) FORWARD $ 7,530.61 Members 1st Federal Credit Union Certificate of Deposit #53491-70 11/04/08 Interest accrued to 11/04/2008 $ -16.22 12/12/08 Interest $53,494.03 211.06 194.84 Members 1st Federal Credit Union Certificate of Deposit #53491-47 12/12/08 Interest $35,154.79 114.99 Members 1st Federal Credit Union Savings Account #53491-00 11/04/08 Interest accrued to 11/04/2008 $ -0.10 12/12/08 Interest 1.33 1.23 Microsoft Corporation 12/11/08 Dividend 400 Shs. 52.00 MTB Monev Market-Inst I Fund #420 12/01/08 Interest $ 1.29 01/02/09 Interest 494.75 02/02/09 Interest 893.64 03/02/09 Interest 517.35 04/01/09 Interest 234.07 05/01/09 Interest 118.93 06/01/09 Interest 84.73 07/01/09 Interest 12.19 08/03/09 Interest 139.33 09/01/09 Interest 99.00 10/01/09 Interest 94.41 11/02/09 Interest 70.41 12/01/09 Interest 47.63 01/04/10 Interest 16.23 02/01/10 Interest 14.54 2,838.50 Nuveen Municipal Value Fund 12/01/08 Dividend 2,000 Shs. $ 78.00 12/31/08 Dividend 2,000 Shs. 82.00 160.00 FORWARD $ 10,891.67 - 50 - RECEIPTS OF INCOME (cont'd FORWARD $ 10,891.67 Nuveen PA Investment Ouality Municipal Fund 12/01/08 Dividend 1,971 Shs. $ 112.35 12/31/08 Dividend 1,971 Shs. 112.35 224.70 Nuveen Pennsylvania Premium Income 12/01/08 Dividend 2,101 Shs. $ 109.25 12/31/08 Dividend 2,101 Shs. 11'1.82 222.07 Nuveen Quality Pfd Income Fund 12/01/08 Dividend 1,700 Shs. $ 119.00 12/31/08 Dividend 1,700 Shs. 112.20 231.20 Orrstown Bank Certificate of Deposit 12/18/06 Interest $16,407.13 67.31 Orrstown Bank Certificate of Deposit 12/18/08 Interest $20,235.45 83.02 Orrstown Bank Certificate of Deposit 12/18/08 Interest $36,417.02 195.72 Orrstown Bank Certificate of Deposit 12/18/08 Interest $21,240.53 77.62 Pennsylvania State GO 4.5~ due 2/1/22 11/04/08 Interest accrued to 11/04/2008 $ -232.50 12/19/08 Sale of interest accrued to 12/19/2008 345.00 112.50 PPL Corporation 01/06/09 Dividend 464 Shs. 155.44 Readincr SD 4.375$ due 3/1/25 11/04/08 Interest accrued to il/04/2008 $ -96.01 12/19/08 Sale of interest accrued to 12/19/2008 150.69 54.68 FORWARD $ 12,315.93 - 51 - RECEIPTS OF INCOME (oont'd) FORWARD Rockwell Automation Incorporated 12/08/08 Dividend 880 Shs. Rockwell Collins Incorporated 12/08/08 Dividend 880 Shs. Ronal Bank of Scotland ADR 6.250 Pfd 12/31/08 Dividend 300 Shs. Sovereign Bank Certificate of Deposit #2895390231 11/04/08 Interest accrued to 11/04/2008 12/11/08 Interest $26,549.14 Sovereian Bank Certificate of Deposit #3385019611 11/04/08 Interest accrued to 11/04/2008 12/11/08 Interest $41,301.58 Sovereian Bank Certificate of Deposit #3385047133 11/04/08 Interest accrued to 11/04/2008 12/11/08 Interest $34,417.58 Sovereign Bank Certificate of Deposit #3385171065 11/04/08 Interest accrued to 11/04/2008 12/11/08 Interest $67,789.67 Sovereign Bank Certificate of Deposit #3385171073 11/04/08 Interest accrued to 11/04/2008 12/11/08 Interest $64,399.26 FORWARD $ -13.93 111.66 $ -21.68 173.72 $ -18.06 144.76 $ -35.58 284.12 $ -33.79 270.85 $ 12,315.93 255.20 211.20 117.19 97.73 152.04 126.70 248.54 237.06 $ 13,761.59 - 52 - RECEIPTS OF INCOME (cont'd FORWARD $ 13,761.59 Sovereign Bank Certificate of Deposit #3385058106 11/04/08 Interest accrued to 11/04/2008 $ -14.72 12/12/08 Interest $33,074.91 118.01 103.29 Sovereign Bank Certificate of Deposit #3385058114 11/04/08 Interest accrued to 11/04/2008 $ -16.70 12/12/08 Interest $33,114.28 133.81 117.11 Sovereign Bank Checking Account #1691027383 12/11/08 Interest .04 The Hershey Company 12/15/08 Dividend 1,200 5hs. 357.00 Transfer from Principal 03/31/09 For Distribution 48,028.75 U S Series H Savings Bonds 12/01/08 Interest $111,000 $ 170.00 01/02/09 Interest $111,000 170.00 03/30/09 Interest $111,000 545.00 885.00 U S Treasurv Notes 4.75 due 2/28/09 11/04/08 Interest accrued to 11/04/2008 $ -213.23 03/03/09 Interest $25,000 593.75 380.52 US Treasurv Note 1.25 due 11/30/10 12/01/08 Purchase of interest accrued to 12/01/2008 $ -0.86 06/01/09 Interest $25,000 156.25 11/30/09 Interest $25,000 156.25 311.64 FORWARD $ 63,944.94 - 53 - RECEIPTS OF INCOME (cont`d) FORWARD US Treasury Notes 4.625 due 11/30/08 11/04/08 Interest accrued to 11/04/2008 11/30/08 Interest $25,000 USAA Tax-Exempt Lona Term Fund 02/03/09 03/02/09 04/01/09 05/01/09 06/01/09 07/01/09 08/03/09 09/01/09 10/01/09 Dividend 7,539.391 Shs. Dividend 7,539.391 Shs. Dividend 7,539.391 Shs. Dividend 7,539.391 Shs. Dividend 7,539.391 Shs. Dividend 7,539.391 Shs. Dividend 7,539.391 Shs. Dividend 7,539.391 Shs. Dividend 7,539.391 Shs. TOTAL RECEIPTS OF INCOME $ -495.99 578.13 63,944.94 82.14 $ 427.28 923.67 411.30 421.19 412.62 407.31 443.95 386.88 13.70 3,347.90 $ 67,374.98 - 54 - DISBURSEMENTS OF INCOME Manufacturers and Traders Trust Company - Commission 01/15/09 02/17/09 03/16/09 04/15/09 05/15/09 06/15/09 07/15/09 08/17/09 09/15/09 10/15/09 11/15/09 12/15/09 01/15/10 02/16/10 TOTAL DISBURSEMENTS OF INCOME $ 171.14 87.26 61.98 51.15 41.13 74.74 30.70 40.52 34.49 6.98 4.22 42.24 27.50 0.87 $ 674.42 $ 674.42 - 55 - DISTRIBUTIONS OF INCOME TO BENEFICIARIES Susquehanna Universitv - The Laudenslager Fund for Education 03/31/09 Distribution 06/30/09 Distribution 09/30/09 Distribution 12/31/09 Distribution $ 58,507.43 2,501.45 1,655.95 1,271.64 TOTAL DISTRIBUTIONS OF INCOME TO BENEFICIARIES $ 63,936.47 $ 63,936.47 --------------- --------------- - 56 - INCOME BALANCE ON HAND CASH (AUTOMATICALLY INVESTED) TOTAL INCOME BALANCE ON HAND FIDUCIARY VALUE AT ACQUISITION 02/18/2010 VALUE $ 2,764.09 $ 2,764.09 $ 2,764.09 $ 2,764.09 THE ABOVE CASH IS CURRENTLY INVESTED IN MTB Money Market-Inst I Fund #420 - 57 - PROPOSED PRINCIPAL DISTRIBUTION SCHEDULE Susquehanna University - The Laudenslaaer Fund for Education - Entire Residue as per Item 2 (F) of the Will $25,000 US Treasury Note 1.25% due 11/30/10 $20,000 Allegheny Co IDA 5% due 12/1/27 1,982.88 Shs. Delaware Foundation Funds Principal Cash TOTAL THE ABOVE CASH IS CURRENTLY INVESTED IN MTB Money Market-Inst I Fund #420 Market Value Fiduciary as of Acquisition 02/18/2010 Value $ 25,185.50 $ 24,990.66 19,998.80 19,491.71 20,008.20 16,639.14 434,207.07 434,207.07 $ 498,883.08 $ 495,845.07 $ 498,883.08 $ 495,845.07 ---------------- ---------------- ---------------- ---------------- - 58 - PROPOSED INCOME DISTRIBUTION SCHEDULE Market Value Fiduciary as of Acquisition 02/18/2010 Value Susquehanna University - The Laudenslaaer Fund for Education - Entire Residue_as per Item 2 (F) of the Will Income Cash TOTAL $ 2,764.09 $ 2,764.09 $ 2,764.09 $ 2,764.09 $ 2,764.09 $ 2,764.09 THE ABOVE CASH IS CURRENTLY INVESTED IN MTB Money Market-Inst I Fund #420 Manufacturers and Traders Trust Company By Ex cutor of the Wil of Martha L. Davis, D ceased - 59 - VERIFICATION Manufacturers and Traders Trust Company, Executor of the Will of MARTHA L. DAVIS, Deceased, hereby declares under oath that it has fully and faithfully discharged the duties of its office; that the foregoing First and Final Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Estate have been paid in full; that, to its knowledge, there are no claims outstanding against the Estate; that all taxes presently due from the Estate have been paid; and that the grant of Letters Testamentary and the first complete advertisement thereof occured more than four months before the filing of the foregoing First and Final Account. This statement is made subject to penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. ~~I.GG~C Manu acturers and ader Trust Company Dated: ~QR 2 2 2Q~Q - 60 -