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IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
_~
In the Estate of
c ~
Adolph Neuber No. 21-2010-00780 ~ x Cc; `=J
Deceased ^~ f ~ ~;
G!~ ~ W 'z? r~-,
~ ~ r-~ ,.._,.
AMICABLE SETTLEMENT, RELEASE ~~~ ~ `.'
AND ACCEPTANCE OF DISTRIBUTION ~~ o ~= m
MADE this ~~ day of ~~~ , 2011, between Jane N. Eshelman and `~`
James B. Eshelman, Executors of the Will of Adolph Neuber, herein called the "Executors",
and Jane N. Eshelman, and as beneficiaries of the Adolph Neuber Grandchildren Trust:
Elizabeth Ann Southwick, Naomi Ruth Nolte and Sara Jane Leone, herein collectively called
the "Beneficiaries".
The Executors have delivered to the Beneficiaries with this Release a First and
Final Account of their administration of the Estate of Adolph Neuber, which Account includes
a Schedule of Distribution of the balance of cash in their hands as Executors. The
Beneficiaries have examined the Account and Schedule of Distribution and found them to be
complete, accurate and satisfactory to them. Because the Beneficiaries of the Adolph
Neuber Grandchildren Trust are all over the age of thirty (30) years, the Trust may be by-
passed and distributions may be made directly to them.
In order to avoid the time, expense and attendant publicity of filing an account
with the Court of Common Pleas of Cumberland County, Pennsylvania--Orphans' Court
Division, all of the parties are satisfied to accept the Account and Schedule of Distribution as
submitted by the Executors and examined by the Beneficiaries without the necessity of the
Account being filed by the Executors for audit by that Court or by any other Court.
ACCORDINGLY, the Beneficiaries hereby acknowledge that they have examined
the Account and Schedule of Distribution and found it to be complete, accurate and
satisfactory, and upon distribution being made as set forth in the schedule of distribution of
~~
the sums of money, such distribution will be in full settlement, satisfaction and discharge of
all liability of the Executors to the Beneficiaries in connection with this Estate.
The Beneficiaries waive their right to require the filing of an account by the
Executors in the Court of Common Pleas of Cumberland County, Pennsylvania--Orphans'
Court Division, or elsewhere, and waive their right to have the account adjudicated by that
Court or any other Court and agree to this Amicable Settlement, Release and Distribution.
In consideration of the Account and Schedule of Distribution and the distribution
to be made in accordance with the schedule, the Beneficiaries remise, release and forever
discharge the Executors and the Estate of Adolph Neuber, from any and all actions, suits,
accounts, reckonings, claims and demands whatsoever. This Release is intended by the
parties to have the same force and effect as though an account had been filed with the Court
and the account adjudicated by the Court and distribution made in accordance with an Order
of Court.
The Executors in making this distribution prior to one (1) year after the first
complete advertisement of the grant of letters in this Estate are subject to the risk that a
claimant may file a claim against the Estate within such year pursuant to the provisions of
Section 3532 of the Pennsylvania Probate, Estates & Fiduciaries Code. In the event such a
claim or claims are filed, the Beneficiaries will refund to the Executors a proportionate
amount of money to pay to the Executors the costs of litigating the claim and the amount of
the claim if the Executors are forced to pay the claims, or in the Executors's sole and
absolute discretion negotiates what to them is reasonable settlement of the claims. In the
event that the Executors are forced to resort to litigation against any beneficiary to enforce
this provision, that beneficiary shall pay to the Executors the expenses of such litigation
including a reasonable attorney fee. This refunding agreement is of the essence of the
-ii-
Executors making this distribution and distribution is made by the Executors in reliance upon
this assurance of the Beneficiaries.
IN WITNESS WHEREOF, I, the undersigned Beneficiaries of the Estate of
Adolph Neuber, deceased, verify that the foregoing Amicable Settlement, Release and
Acceptance of Distribution is true and correct to the best of my knowledge and belief. I
understand that false statements herein are made subject to the penalties of 18 PA. C.S.
Section 4904 relating to unsworn falsification to authorities.
ane N. Eshelman
Dated: `~/- //
-iii-
IN WITNESS WHEREOF, I, the undersigned Beneficiaries of the Estate of
Adolph Neuber, deceased, verify that the foregoing Amicable Settlement, Release and
Acceptance of Distribution is true and correct to the best of my knowledge and belief. I
understand that false statements herein are made subject to the penalties of 18 PA. C.S.
Section 4904 relating to unsworn fal ific ion authorities.
Elizabeth Ann Southwick
Dated: ~ ~3 ~
-iv-
IN WITNESS WHEREOF, I, the undersigned Beneficiaries of the Estate of
Adolph Neuber, deceased, verify that the foregoing Amicable Settlement, Release and
Acceptance of Distribution is true and correct to the best of my knowledge and belief. I
understand that false statements herein are made subject to the penalties of 18 PA. C.S.
Section 4904 relating to unsworn falsification to authorities.
aomi Ruth Nolte
Dated: ~~~o~lj
-v-
IN WITNESS WHEREOF, I, the undersigned Beneficiaries of the Estate of
Adolph Neuber, deceased, verify that the foregoing Amicable Settlement, Release and
Acceptance of Distribution is true and correct to the best of my knowledge and belief. I
understand that false statements herein are made subject to the penalties of 18 PA. C.S.
Section 4904 relating to unsworn falsification to authorities.
ii
~' Sara J ne Leone
Dated: G~„Z, ,20//
-vi-
` - In the Court of Common Pleas of Cumberland County, Pennsylvania
Orphans' Court Division
File No. 21-2010-00780
Estate of Adolph Neuber, Deceased
Late of Borough of Carlisle
First and Final Account
Jane N. Eshelman and James B. Eshelman, Executors
Date of Death:
07N 4/2010
Date of Executors' Appointment: 08/02/2010
Date of First Complete Advertisement: 08/27/2010
Accounting for the period: 07/14/2010 to 05/31/2011
Purpose of Account: Jane N. Eshelman and James B. Eshelman, Executors, offer this Account to
acquaint interested parties with the transactions that have occurred during the Administration.
It is important that the Account be carefully examined. Requests for additional information or questions
or objections can be discussed with:
James W. Appel
APPEL & YOST LLP
33 North Duke Street
Lancaster, PA 17602-2842
717 394-0521
Supreme Court I.D. No. 07022
~'-
SUMMARY OF ACCOUNT
Estate of Adolph Neuber, Deceased
r the neried of July 1d, 2010 through May 31, 2011
Proposed Distributions
to Beneficiaries
PRINCIPAL
PAGES
35
458,210.76
Receipts: This Account
Net Gain (or Loss) on Sales
or Other Dispositions
Less Disbursements:
Debts of Decedent
Funeral Expenses
Administration Expenses
Federal, State 8 Local Taxes
Commissions
Fees
Family Exemption
Balance Before Distributions
Transfer to (from) Principal
Distributions to Beneficiaries
Principal Balance on Hand
For Information:
Investments Made
Changes in Holdings
1~9mE
Receipts This Account
Net Gain (or Loss) on Sales
or Other Dispositions
Less Disbursements
Balance Before Distributions
Transfer to (from) Income
Distributions to Beneficiaries
Income Balance on Hand
For Information:
Investments Made
Changes in Holdings
COMBINED BALANCE ON HAND
Signature
Verification
3-5
6-10
11 -12 6,844.63
12 -13 72,884.45
13 -16 34,323.95
16 58,855.75
0.00
76 - 17 41,861.00
17 3,500.00
18
19
20
21 - 26
27 - 32
1,530,537.23
24,155.73
1,554,692.96
158,669.78
1,386,023.18
0.00
950,410.00
445,613.18
12,597.58
0.00
12,597.58
0.00
12,597.58
0.00
o.oo
33 12,587.58
34
36
37
458,210.76
-2-
RECEIPTS OF PRINCIPAL
Assets Listed In Inventory
(Valued as of Date of Death)
SSSSh
American Express Travelers Check 100.00
Cash 835.12
Cash 17.00
Cash 800.00
CenturyLink -refund overpayment 16.21
Conseco Life Insurance Co Policy 230248945P - 25,000.00
proceeds
Conseco Life Insurance Company Policy 230288004P 50.000.00
-proceeds
Kiplinger Letter -refund 208.88
Lincoln Financial Group -CIGNA Policy 770901 - 20,000.00
proceeds
Lincoln Financial Group -CIGNA Policy 828210 - 25.000.00
proceeds
Medicare Part D Coverage Gap Rebate 250.00
MS-SB Municipal Money Market Fund CL A 83,561.71
PA Department of Revenue -refund - 2010 income tax 549.00
overpayment
Prudential Insurance Company of America -policy 3,748.18
12199923
TD Bank Checking account 22113552 2,078.63
Wachovia Bank checking account ...3917 6,038.36
Total Cash
l P
P
fi
ersona
roner
r
Personal property - PA -appraised value
1.925.00
Total Personal Property
Stocks/Listed
500.0000 shares Altria Group Inc. 10,830.00
1.151.0000 shares Bank of America Corporation 17,921.07
250.0000 shares Berkshire Hathaway Inc. CI B 19,871.25
1,860.0000 shares BlackRock Municipal Income Trust II 28.384.10
7,500.0000 shares BlackRock MuniVest Fund, Inc 14,790.00
865.0000 shares Camden National Corporation 25,777.00
Fiduciary
Acquisition
Value
218,004.07
1,925.00
-3-
RECEIPTS OF PRINCIPAL
Continued
Accrued dividend on above item through date of 216.25
death
475.0000 shares Citigroup, Inc. 2,002.13
3,870.2110 shares First Eagle Overseas Fund CIA 80,595.28
750.0000 shares Gabelli Global Gold, Natural Resources 8 11,756.25
Income Trust
Accrued dividend on above item through date of 105.00
death
1,350.0000 shares General Electric Co. 20.483.00
Accrued dividend on above item through date of 135.00
death
400.0000 shares Harris PFD Capital Ser A 7.375% 9,944.00
1,380.8580 shares Legg Mason Special Inv Trust CI C 37.835.54
400.0000 shares McDonald's Corp. 28,228.00
1,650.0000 shares Nicholas-Applegate Convertible 8 Income 15,155.25
Fund
3,320.0000 shares Nuveen Municipal High Income Opportunity 42,894.00
Fund
4,485.1560 shares Oppenheimer International Divereified Fund CI 47,228.69
A
800.0000 shares Philip Morris International, Inc. 44,410.50
900.0000 shares Procter 8< Gamble Co. 56.155.50
3,624.2790 shares Royce Total Return Fund Consultant 40,591.92
2,350.0000 shares Susquehanna Bancshares, Inc. 21,432.00
213.4560 shares Vanguard Total Stock Market Index Fund 5,801.73
526.4160 shares Vanguard Health Care Fund 60,853.65
520.7700 shares Vanguard Windsor II Fund Investor 11,889.18
Total Stocks /Listed
50,000.0000 ~S
Freddie Mac Ser 3002 CL EA 5.00% Maty: 8/15/2034 -
5,145.45
Factor:.08742370
Accrued interest on above item through date of death 20.35
25,000.0000 Freddie Mac Series 3329 Class TD 6.250% Maty: 15,609.31
3/15/2037 - Factor:.53948711
Accrued interest on above item through date of death 78.21
150,000.0000 General Electric Cap Corp Internotes 5.650% Maty: 148,888.50
12/15!2024
Fiduciary
Acquisition
Value
852,886.28
-4-
RECEIPTS OF PRINCIPAL
Continued
Accrued interest on above item through date of death
25.000.0000 Lancaster County PA Hosp Auth Rev Rfdg Hlth Sys
Lancaster Generel-B B/E 4.50°~ Maty: 3/15/2036
Accrued interest on above item through date of death
25,000.0000 Southern Lehigh PA School District 3er AA FSA U.T
B,E 4.50% Maty: 8/1/2026
Accrued interest on above item through date of death
Total Bonds
Condo at 120 Bellevue Street, Unit #3, Owl's Head,
Knox County, Maine -sold for
Total Real Estate
Total Receipts
Su6sanuent Principal Racer
10!08/2070 AARP Health Care Premium -refund -monthly
payments paid beyond cancellation
07/14/2010 Jewelry -Maine -appraisal value
07114/2010 Personal property -Maine House -appraised value
04/28/2071 Pro-rated condo fee refunded at condo settlement
04/28/2011 Pro-rated real estate taxes refunded at condo
settlement
05N3/2011 The Concord Group Insurance Companies -condo
insurance premium refund
05/31/2011 Treasurer, State of Maine -refund -estate tax over-
payment
Total Subsequent Principal Receipts
Fiduciary
Acquisition
Value
702.33
23.408.00
371.88
25,364.75
415.63
220,004.47
425.000.00
425.000.00
1,517,929.77
371.50
2,000.00
7,485.00
696.13
818.83
25.00
1,211.00
12,607.48
Total Adjustments and Subsequent Receipts
Total Receipts of Principal
12so7.as
1,530,537.23
-5-
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS -PRINCIPAL
lain 1_°ss
11/15/2010 50.000.0000 Freddie Mac Ser 3002 CL EA 5.00% Maty: 8/15/2034 -
redemption
Net Proceeds 655.82
Fiduciary Acquisition Value -673.97 -18.15
11/29/2010 500.0000 shares Altrla Group Inc. -sale
Net Proceeds 11,948.18
Fiduciary Acquisition Value -10.630.00 1,318.18
11/29/2010 7.151.0000 shares Bank of America Corporation -sale
Net Proceeds 12,752.40
Fiduciary Acquisition Value -17,921.07 -5.168.67
11/29/2010 250.0000 shares Berkshire Hathaway Inc. CI B -sale
Net Proceeds 19,491.25
Fiduciary Acquisition Value -19,871.25 -380.00
11/29/2010 475.0000 shares Citigroup, Inc. -sale
Net Proceeds 1,866.26
Fiduciary Acquisition Value -2,002.13 -135.87
11/29/2010 3.970.2110 shares First Eagle Overeeas Fund CIA -sale
Net Proceeds 87,108.43
Fiduciary Acquisition Value -80,595.28 6,511.15
11/28/2010 750.0000 shares Gabelll Global Gold, Natural Resources 8:
Income Trust -sale
Net Proceeds 13,097.75
Fiduciary Acquisition Value -11,756.25 1,341.50
-6-
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS -PRINCIPAL
Continued
Sala
11/29/2010 400.0000 shares Harris PFD Capital Ser A 7.375% -sale
Net Proceeds 9,905.30
Fiduciary Acquisition Value -9,844.00
11/29/2010 3,320.0000 shares Nuveen Municipal High Income Opportunity
Fund -sale
Net Proceeds 39,695.68
Fiduciary Acquisition Value -42,994.00
11/29/2010 4,485.1560 shares Oppenheimer International Diversified Fund CI
A -sale
Net Proceeds 52,072.68
Fiduciary Acquisition Value X7,228.69 4,843.97
11/29/2010 900.0000 shares Procter 8 Gamble Co. -sale
Net Proceeds 55,168.58
Fiduciary Acquisitlon Value -58,155.50
11/29/2010 213.4580 shares Vanguard Total Stock Market Index Fund -
sale
Net Proceeds 8.378.07
Fiduciary Acquisition Value -5.801.73 578.34
11/29/2010 1.0480 shares Vanguard Total Stock Market Index Fund -
sale
Net Proceeds 31.31
Fiduciary Acquisition Value _29,24 2.07
11/29!2010 520.7700 shares Vanguard Windsor II Fund Investor -sale
Net Proceeds 12,870.33
Fiduciary Acquisition Value -11,889.18 781.15
L
-38.70
-3,298.32
-988.92
-7-
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS -PRINCIPAL
Continued
fain Ls~
11/30/2010 1,650.0000 shares AGIC Convertible 8< Income Fund -sale
Net Proceeds 15,807.07
Fiduciary Acquisitlon Value -15,155.25 751.82
11/30/2010 1,860.0000 shares BlackRock Municipal Income Trust II -sale
Net Proceeds 25,515.85
Fiduciary Acquisition Value -28,384.10 -888.25
17/30/2010 1,500.0000 shares BlackRock MunlVest Fund, Inc -sale
Net Proceeds 14,418.83
Fiduciary Acquisition Value -14,790.00 -370.17
11/30/2010 865.0000 shares Camden National Corporation -sale
Net Proceeds 28,905.25
Fiduciary Acquisition Value -25,777.00 4,128.25
11/30/2010 1,350.0000 shares General Electric Co. -sale
Net Proceeds 21,088.79
Fiduciary Acquisition Value -20,483.00 585.79
11/30/2010 1.380.8590 shares Legg Mason Special Inv Trust CI C -sale
Net Proceeds 40,390.13
Fiduciary Acquisition Value -37,835.54 2.554.59
11/30/2010 400.0000 sharea McDonald'a Corp. -sale
Net Proceeds 30,804.67
Fiduciary Acquisition Value -28,228.00 2,876.67
11/30/2010 900.0000 shares Philip Morcis International, inc. -sale
Net Proceeds 50,692.18
Fiduciary Acquisition Value X14,410.50 8.281.88
-8-
11/30/2010
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS -PRINCIPAL
Continued
3,624.2780 shares Royce Total Retum Fund Consultant -sale
Net Proceeds 45,484.70
Fiduciary Acquisition Value .40,591.92
ilE/KI~1E'~~7~I~]
3.1990 shares Royce Total Return Fund Consultant -sale
Net Proceeds 40.15
Fiduciary Acquisition Valus -36.24
11/30/2010 2.350.0000 shares Susquehanna Bancshares, Inc. -sale
Net Proceeds 18,420.51
Fiduciary Acquisition Value -21,432.00
11/30/2010 526.4160 shares Vanguard Health Care Fund -sale
Net Proceeds 63,543.68
Fiduciary Acquisition Value -60,653.65
12/01/2010 150,000.0000 General Electric Cap Corp Internotes 5.650°h Maty:
12H 5/2024 -sale
Net Proceeds 148,650.00
Fiduciary Acquisition Value -148,888.50
12/01/2010 25,000.0000 Lancaster County PA Hoap Auth Rev Rfdg Hlth Sys
Lancaster General-B B/E 4.50% Maty: 3/15/2036 -sale
Net Proceeds 22,471.50
Fiduciary Acquisition Value -23,408.00
12/01/2010 25.000.0000 Southern Lehigh PA School District Ser AA FSA U.T
B,E 4.50% Maty: 9/1/2026 -sale
Net Proceeds 24,897.00
Fiduciary Acquisition Value -25,384.75
Sain
4,892.78
3.91
2,890.03
-3,011.49
-238.50
-936.50
-467.75
-9-
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS -PRINCIPAL
Continued
Spain
01/18/2011
25,000.0000 Freddie Mac Series 3329 Class TD 6.250% Maty:
3/15/2037 -redemption
Net Proceeds 147.39
Fiduciary Acquisition Value _222.25
04/28/2011 Condo at 120 Bellevue Street, Unit #3, Owl's Head,
Knox County, Maine -proceeds of sale
Gross Proceeds 425,000.00
Fiduciary Acquisition Value ~t25,000.00 0.00
TOTAL GAINS AND LOSSES/PRINCIPAL
LESS LOSS
NET GAIN OR LOSS
Loss
-74.86
40,148.88
-15,994.15
24,155.73
-10-
DISBURSEMENTS OF PRINCIPAL
AABP Heakh Care P remium
08/04/2010 balance due 185.75
09/07/2010 balance due 185.75
371.50
ARne18 Yost LLP -a ttorney fee
08103/2010 for services prior to DOD 1,155.00
1,155.00
Si3L@
07/16/2010 balance due 15.00
08/20/2010 balance due 15.00
30.00
Centre/ Malne Power
07/21/2010 balance due 64.00
64.00
CenturvLink
08/31/2010
balance due
25.45
25.45
Cumberland Goodwi
08/31/2010 ll EMS
balance due
87.00
87.00
FairPoint Communic ations
08/04/2010 balance due 14.46
-11-
DISBURSEMENTS OF PRINCIPAL
Continued
ia.as
Heritage Foundation
07/16/2010 pledge payment 20.00
08/17/2010 pledge payment 20.00
09/17/2010 pledge payment 20.00
60.00
James B. Eshelman -reimbursement
09/03/2010 payment to GM Credit Card -balance due 641.12
09/03/2010 payment of 2010 taxes due 3115/2010 (plus interest) 2,398.10
for Owls' Head, Maine
08/03/2010 payment to Concord Group for insurance for Owls' 86.00
Head, Maine
3,135.22
Wachovla Bank chec king account ...3917 -outstanding check cashed after death
07/19/2010 2.000.00
2,000.00
Wachovia Bank chec king account ...3917 -service fee
08!06/2010 2.00
2.00
Total Debts of Decedent 6,944.63
Funeral Exne
James B. Eshelman -reimbursement
09/03/2010 gift certificate for funeral speaker 100.00
09/03/2010 gift certificate for funeral musician 50.00
08/03/2010 drop-in gathering -Maine 227.26
-12-
DISBURSEMENTS OF PRINCIPAL
Continued
08/03/2010 funeral luncheon -Lancaster 682.53
1.059.79
Kearney A. 3nydar F
08/03/2010 uneral Home. Inc.
funeral services
11,824.66
11,924.66
Total Funeral Expenses
Administration Expenses 12.984.45
Antique Treasures G
10/12/2010 roup Shon
Personal property appraisal fee
300.00
05/05/2011 cleaning/moving assistance 250.00
550.00
Aonel & Yost LLP -
09/28/2010 reimbursement
payment to Register of Wills for probate fee
742.50
09/28/2010 payment to Register of Wills for short certificates (3) 12.00
09/28/2010 payment to Register of Willa for fee for oath of 20.00
Executors
09/28/2010 payment to Register of Wills for Exemplification of 40.00
Record for Maine probate
05/31/2011 payment to Register of Wills for short certificates (3) 12.00
05/31/2011 payment to Antique Treasures Group Shop for 50.00
moving items from Maine condo
876.50
Anne/ & Yost LLP -r
05/31/2011 eserve
final costs/fees
500.00
500.00
-13-
~ ~-
DISBURSEMENTS OF PRINCIPAL
Continued
Bruce Gamaya. Jr. Antiques
10/08/2010 jewelry appraisal fee
100.00
Central Maine Power
08/19/2010
09/20/2010
10/11 /2010
11 /10/2010
1 211 4/201 0
02N 8/2011
03/09/2011
05/05/2011
balance due
balance due
balance due
balance due
balance due
balance due (January 8 February)
balance due (March)
final balance due
100.00
64.00
64.00
84.00
64.00
64.00
208.00
104.00
598.62
Crandall, Hanscom &
09/03/2010 Collins. P.A. -reimbursement
copies from Knox County Registry of Deeds
8.50
09/03/2010 recording fee -Knox County Registry of Deeds 16.00
08!03/2010 recording fee -Knox County Probate Court 578.00
09/03/2010 copies -Knox County Probate Court 3.00
1,230.62
606.50
Crescent Beach Association - condo fee
01/21/2011 January-March, 2011
03/23/2011 April~une, 2011
1,000.00
1,000.00
2,000.00
Cumberland Law Journal
09/16!2010 estate notice
75.00
75.00
-14-
~ -.
DISBURSEMENTS OF PRINCIPAL
Continued
E~nenses of condo settlement
04/28/2011 broker commission -- 20,935.00 21,870.00
realty transfertax -- 935.00
,lames B. Eshelman
08/03/2010 -reimbursement
gasolineftolls - 8110-8117/10 trip to Maine re probate
176.36
09!03!2010 lunch with Atty E. Collins re Maine probate 46.36
08/03/2010 smoke detectors for Maine condo for sale 33.58
09/03/2010 postage 5.54
1 012 212 01 0 gasoline - 8125-9/7/10 trip to clean out Maine house 439.60
10!22!2010 payment to Marion McMahan -cleaning Maine house 110.50
prior to sale
10/22/2010 payment for hotel on trip to Maine house 125.66
10/22/2010 payment for meal on trip to Maine house 79.10
10/22/2010 payment for U-Haul rental for trip to Maine to empty 133.00
house prior to sale
10/2212010 payment to Lowe's for repairs to Maine house prior to 25.88
sale
10/22/2010 payment to plumber for repairs to Maine house prior 40.00
to sale
01/21/2011 gasoline -1/14-1/18 trip to clean out Maine house 154.26
prior to sale
01/21/2011 payment for meals on 1/11 trip to Maine house 87.50
01/21/2011 payment for motels on 1111 trip to Maine house 215.88
05/05/2011 postage 54.90
04/14/2011 filing fee for inheritance tax return 15.00
TD Bank Checking account 22113552 -closing adjustment
10/19/2010 20.00
21,870.00
1,662.12
15.00
-15-
DISBURSEMENTS OF PRINCIPAL
Continued
20.00
The Sentinel
09/16/2010 estate notice
Town of Owl's Head
09!08/2010 one-half 2011 real estate taxes
02/28/2011 balance of 2011 real estate taxes
Total Miscellaneous Administrative Exoenses
Federal, State, and Local Taxes
Register of Willa. Agent
09/27/2010 payment on account of inheritance tax due
04N2/2011 balance of Inheritance tax due
Treasurer. State of Maine
04/12/2011 estimated estate tax payment
Total Taxes
FQQS
AQpel & Yost LLP -attorney fee
05/31/2011
113.20
113.20
2.352.51
2,352.50
4,705.01
34,323.85
40.185.00
420.75
40,605.75
18,350.00
18,350.00
58.855.75
35.660.00
-16-
~ r o
DISBURSEMENTS OF PRINCIPAL
Continued
35.660.00
Crandall. Hanscom &
09/03/2010 Collins. P.A.
attorney fee -Maine
1,243.00
03/08/2011 attorney fee -Maine 830.50
04/05/2011 attorney fee -Maine 360.00
05/06/2011 attorney fee -Maine 1,967.50
Norman G. Strosser
04/04/2011
preparation of 2010 federal and Pennsylvania income
1,900.00
tax returns
4,401.00
1.900.00
Total Fees 41,961.00
Jane N. Eshelman
05/31/2011 family exemption 3,500.00
3,500.00
Total Familv Exemption
TOTAL DISBURSEMENTS OF PRINCIPAL
3,500.00
158,668.78
-17-
._
DISTRIBUTIONS OF PRINCIPAL
Elizabeth Ann Southwick
12/28/2010 Cash -advance distribution
01114/2011 Cash -specific bequest
150,000.00
13,000.00
163.000.00
bane N. Eshelman
07!1612010
12/28!2010
04/27/2011
04/27/2011
Personal property - PA -specific bequest
Cash -advance distribution
Jewelry -Maine -specific bequest
Personal property -Maine House -specific bequest
1,925.00
450,000.00
2,000.00
7,485.00
461,410.00
daomi Ruth Nolte
12/28/2010
01N4/2011
Cash -advance distribution
Cash -specific bequest
150.000.00
13.000.00
163.000.00
163,000.00
Sara Jane Leone
12/28/2010
01 /14/2011
TOTAL DISTRIBUTIONS TO BENEFICIARIES
Cash -advance distribution
Cash -specific bequest
150,000.00
13.000.00
950.410.00
-18-
.-
PRINCIPAL BALANCE ON HAND
Fiduciary
Acquisition
# Units Description Value
lrasb
[BankOut Name] -39.722.00
Citizens Estate Checking 149.40
Citizens Estate MM 483,974.78
Total Cash 444,402.18
ASSStB
Treasurer, State of Maine -refund 1.211.00
Total Assets 1,211.00
445,613.18
-19-
PRINCIPAL INVESTMENTS MADE
# Units
09/09/2010 3.1980 Royce Total Return Fund Consultant
09/24/2010 1.0480 Vanguard Total Stock Market Index Fund
Total
-20-
S:sat
36.24
29.24
85.48
CHANGES IN PRINCIPAL HOLDINGS
AGIC Convertible & Income Fund
06/25/2010 1,650.0000 name change -from Nicholas-Applegate Convertible 8 Income Fund
11/30!2010 -1,650.0000 Sold
0.0000 Ending balance as of 5/31/2011
stria Groug inc,
07/14/2010 500.0000 Inventoried
11/29/2010 -500.0000 Sold
0.0000
dank of America Corporation
07H 412010 1,151.0000 Inventoried
11/28/2010 -1,151.0000 Sold
0.0000
Berkshire Hathaway Inc. CI B
07114/2010 250.0000 Inventoried
11/29/2010 -250.0000 Sold
0.0000
BlackRock Municipal Income Trust II
07/14/2010 1, 860.0000 Inventoried
11/30/2010 -1,860.0000 Sold
0.0000
BlackRock MuniVest Fund. Inc
07114/2010 1,500.0000 Inventoried
11/30/2010 -1,500.0000 Sold
0.0000
15,155.25
-15,155.25
0.00
10,630.00
-10,630.00
Endinst balance as of 5/31/2011 0.00
17,921.07
-17,921.07
Ending balance as of 5/3112011 0.00
19,871.25
-19,871.25
Ending balance as of 5/3112011 0.00
26,384.10
-28,384.10
Ending balance as of 5/31/2011 0.00
14,790.00
-14,780.00
Endins~ balance as of 5/31/2011 0.00
-21 -
Camden National Cor op ration
07/14/2010 865.0000
11/30/2010 -865.0000
0.0000
~s$t
Citiaroun Inc•
07/14/2010 475.0000
11/28/2010 -475.0000
0.0000
CHANGES IN PRINCIPAL HOLDINGS
Continued
Inventoried 25,777.00
Sold -25,777.00
Endinp balance as of 5/3112011 0.00
Inventoried 2,002.13
Soid -2,002.13
Endinp balance as of 5/31/2011 0.00
Condo at 120 Bellevue Street. Unit #3.Owl's Head. Knox Countv. Maine
07/14/2070 Inventoried
04/28/2011 Sold
First Eaale Overseas Fund CI A
07/14/2010 3,970.2110 inventoried
11!2812010 -3,970.2110 Sold
0.0000
Freddie Mac S er 3002 CL EA 5.00% Macy: 8/15/2034
07/14/2010 50,000.0000 Inventoried
0 7/1 51201 0 retum of principal
08/16/2010 return of principal
08/15/2010 return of principal
10115/2010 return of principal
11115/2010 -50,000.0000 Sold
0.0000
Endinp balance as of 5/31/2011
Ending balance as of 5/31/2011
Endinp balance as of 5/31/2011
reddie Mac Series 3329 Class TD 6.250% Maty: 3/15/2037
07/14/2010 25.000.0000 Inventoried
07/15/2010 return of principal
425.000.00
-425,000.00
0.00
80,595.28
-80,595.28
0.00
5.145.45
-756.12
-910.20
-1.531.23
-1,273.93
-673.97
0.00
15,609.31
-2,047.27
-22-
..
CHANGES IN PRINCIPAL HOLDINGS
Continued
# Units Solt
08/18/2010 return of principal -2,030.62
09/15/2010 return of principal -1,984.45
10/15/2010 return of principal -2,338.21
11N5/2010 return of principal -2,296.18
12/15/2010 return of principal -4,690.33
01/18/2011 -25,000.0000 Sold -222.25
0.0000 Ending balance as of 5/31/2011 0.00
Gabelli Globa
07/14/2010 l Gold. Natural Re
750.0000 sources & Income Tr
Inventoried ust
11,756.25
11129/2010 -750.0000 Sold -11,755.25
0.0000 Ending balance as of 5/31/2011 0.00
General Elect
07/14/2010 ric Co.
1,350.0000
Inventoried
20,493.00
11/30/2010 -1,350.0000 Sold -20,493.00
0.0000 Ending balance as of 5/31/2011 0.00
General Elect ric Cao Corn Inter notes 5.650% Matv: 1 2115/2024
07/14/2010 150,000.0000 Inventoried 148,888.50
12/01/2010 -150,000.0000 Sold -148,888.50
0.0000 Endins~ balance as of 5131/2011 0.00
Harris PFD C apital Ser A 7.375%
07/14/2010 400.0000 Inventoried 9,944.00
11/29/2010 X00.0000 Sold -9,944.00
0.0000 Ending balance as of 5/31/2011 0.00
,~ewelq/ -Mai
07/14/2010 ne
Subsequent Principal
Receipt
2,000.00
04/27/2011 Distributed -2,000.00
Ending balance as of 5/37/2011 0.00
-23-
._
CHANGES IN PRINCIPAL HOLDINGS
Continued
# Units
Lancaster Countv PA Hosn Auth Rev Rfdg Hlth Sys Lancaster General-B B/E 4.50% Maty:
3/15/2036
07/14/2010 25,000.0000 Inventoried
12/01/2010 -25,000.0000 Sold
0.0000
Laaa Mason Special Inv Trust CI C
07/14!2010 1.380.8590 Inventoried
11/30/2010 -1,380.8580 Sold
0.0000
23,408.00
-23,408.00
Ending balance as of 5/3112011 0.00
37,835.54
-37,835.54
Endins~ balance as of 5/3112011
0.00
McDonald's Co rn.
07/14/2010 400.0000 Inventoried 28.228.00
11/30/2010 -400.0000 Sold -28,228.00
0.0000 Ending balance as of 5/31/2011 0.00
Nicholas-ARpj@ yate Convertibl e & Income Fund
07/14/2010 1,850.0000 Inventoried 15,155.25
08/25/2010 -1,650.0000 name change - to AGIC Convertible 8: Income Fund -15,155.25
0.0000 Ending balance as of 5/31/2011 0.00
Nuvean Munici a~~h Income Ott o~ty Fund
07/14/2010 3,320.0000 Inventoried 42,994.00
11/29/2010 -3.320.0000 Sold -42,994.00
0.0000 Endins~ balance as of 5/31/2011 0.00
Onoenheimer I nternational Div ersified Fund CI A
07/74/2010 4,485.1560 Inventoried 47,228.68
17/28/2010 ~i,485.1560 Sold X7,228.69
0.0000 Endins~ balance as of 5/3112011 0.00
-24-
..
CHANGES IN PRINCIPAL HOLDINGS
Continued
# Units
p~rsonsl ~}ropg~ -Maine House
07/14/2010 Subsequent Principal Receipt
04/27/2011 Distributed
Endinsl balance as of 5/31/2011
Personal ~rop~y - PA
07/14/2010 Inventoried
07/16/2010 Distributed
Ending balance as of 5/31/2011
Philio Morris International. Inc.
07/14/2010 900.0000 Inventoried
11/30/2010 -900.0000 Sold
0.0000 Ending balance as of 5/3112011
Procter 8 Gam ble Co.
07/14/2010 900.0000 Inventoried
11/29/2010 -900.0000 Sold
0.0000 Endinsl balance as of 5!3112011
Royce Total R eturn Fund Cons ultant
07/14/2010 3,624.2790 Inventoried
08/09/2010 3.1990 dividend reinvestment
11/30/2010 -3,624.2790 Sold
11/30/2010 -3.1990 Sold
0.0000 Ending balance as of 5/31/2011
Southern Lehi gh PA School Di strict Ser AA FSA U.T B .E 4.50% Maty_ 8/1/2026
07/74/2010 25,000.0000 Inventoried
12/01/2010 -25.000.0000 Sold
0.0000 Ending balance as of 5/31/2011
-25-
7,485.00
-7,485.00
0.00
1,925.00
-1,925.00
0.00
44.410.50
X4,410.50
0.00
56,755.50
-56,155.50
0.00
40,591.82
36.24
-40,581.92
-36.24
0.00
25,364.75
-25,364.75
0.00
CHANGES IN PRINCIPAL HOLDINGS
Continued
# Units
Susquehanna Bancshares, Inc.
07/14/2010 2.350.0000 Inventoried
11/30/2010 -2.350.0000 Sold
0.0000
Endlnq balance as of 5!31/2011
jreasurer. State of Maine -refund
05/3112011 Subsequent Principal Receipt
Ending balance as of 5/3112011
Vanguard Health Care Fund
07/14/2010 526.4160 Inventoried
11/30/2010 -528.4160 Sold
0.0000
Vanguard Total Stock Market I ndex Fund
07/14/2010 213.4560 Inventoried
09/24/2010 1.0480 dividend reinvestment
11/29/2010 -213.4560 Sold
11/29/2010 -1.0480 Sold
0.0000
~(anguard Windsor II Fund Investor
07/14/2010 520.7700 Inventoried
11/29/2010 -520.7700 Sold
0.0000
1.211.00
Ending balance as of 5/31/2011
Ending balance as of 5/31/2011
Ending balance as of 5/31/2011
-26-
Stott
21,432.00
-21,432.00
0.00
1,211.00
1,211.00
60,653.65
-60,653.65
0.00
5,801.73
29.24
-5.801.73
-29.24
0.00
11,888.18
-11,889.18
0.00
RECEIPTS OF INCOME
AGIC Convertible 8 I ncome Fund
08/01/2010 dividend
08/28/2010 dividend
11/01/2010 dividend
12/01/2010 dividend
Altria GrouR Inc.
10/12/2010 dividend
Bank of America Cor on ration
08/24/2010 dividend
BlackRock Municipa l Income Trust II
08!02/2010 dividend
08/01/2010 dividend
1 0101120 7 0 dividend
11/01/2010 dividend
12/01/2010 dividend
BlackRock MuniVest
08/02/2010 Fund. Inc
dividend
08102/2010 dividend
10!0112010 dividend
11/01/2010 dividend
1 2/0112 01 0 dividend
148.50
148.50
148.50
148.50
594.00
190.00
190.00
11.51
11.51
150.66
150.66
152.52
152.52
152.52
758.88
84.00
84.00
85.50
85.50
85.50
-27-
RECEIPTS OF INCOME
Continued
Camden National Corporation
10/29/2010 dividend
08/24/2010 dividend
09/23/2010 dividend
10122/2010 dividend
11/22/2010 dividend
General Electric Co.
10/25/2010 dividend
Harris PFD Capital S er A 7.375%
10/04/2010 dividend
McDonald'a Coro.
09/16/2010
dividend
1 211 5/201 0 dividend
08/02/2010 dividend
Nuveen Municipal Hiyh Income Oooortun' Fund
08/02/2010 dividend
216.25
106.00
105.00
105.00
105.00
162.00
184.38
220.00
220.00
148.50
277.22
424.50
216.25
420.00
162.00
184.38
440.00
148.50
-28-
RECEIPTS OF INCOME
Continued
09/01!2010 dividend 277.22
10/01/2010 dividend 277.22
11/01/2010 dividend 277.22
12/01 /2010 dividend 277.22
1,386.10
Philip Morris Inte rnational
Inc
10/08/2010 .
.
dividend
576.00
576.00
erocter 8 Gambl e Co.
08/16/2010 dividend 433.62
11/15/2010 dividend 433.62
867.24
Royce Total Retu rn Fund Consultant
08/08/2010 3.1990 shares reinvest dividend 36.24
36.24
Susnuehanna Ba ncshares
Inc
08/20/2010 .
.
dividend
23.50
11/19/2010 dividend 23.50
47.00
Vanguard Total S tock Market Index Fund
09/24/2010 1.0480 shares reinvest dividends 29.24
28.24
TOTAL DIVIDEND INCOME 6,491.84
Interest/Bank
-29-
..
RECEIPTS OF INCOME
Continued
citizens Estate MM
11130/2010 interest 6.40
12/31/2010 interest 34.17
01!31!2011 interest 11.57
02/28/2011 interest 9.17
03/31/2011 interest 9.86
04/29/2011 interest 8.39
~S SB Estate MM -C itibank
08/31/2010 interest 0.63
09/30/2010 interest 1.57
10/29/2010 interest 0.93
11/30/2010 interest 1.04
12/15/2010 interest 24.00
12/21/2010 interest 7.38
MS-SB Municipal Mo nev Market Fund CL A
07/30/2010 interest 27.84
08/20/2010 interest 3.40
Prudential Insurance Com~ny of America
12/08/2010 policy 12199923 --interest 38.74
78.56
35.55
31.24
38.74
TOTAL BANK INTEREST
185.09
-30-
~-
RECEIPTS OF INCOME
Continued
0
Freddie Mac Ser 300 2 CL Fro 5.00% Matj/: 8/15/2034
07/15/2010 interest 0.71
08/16/2010 interest 18.21
09/15/2010 interest 14.42
10/15/2010 interest 8.04
11/15/2010 interest 2.73
07/15/2010 interest 2.70
08/16/2010 interest 70.25
09/15/2010 interest 59.67
10/15/2010 interest 49.34
11H 512010 interest 37.16
1 211 5/201 0 interest 25.20
01/18/2011 interest 0.77
l~awwMl ClwwbCw /~.iw /~w~w Iw~e~ww{eis G CG(10% ~h6i..191.I CI9f19A
07115/2010 interest 3.92
08/16/2010 interest 706.25
09H 5/2010 interest 706.25
10/15/2010 interest 706.25
11/15/2010 interest 706.25
12/01/2010 interest at sale 494.38
Lancaster Countv PA Hoso Auth Rev Rfdg Hlth Sys Lancaster General-B B/E 4.50% Matv:
3H 512036
09/15/2010 Interest 190.82
12/01/2010 interest at sale 253.13
44.11
245.09
3,323.30
443.75
-31-
._
RECEIPTS OF INCOME
Continued
Southern Lehigh PA School District Ser AA FSA U.T B.E 4.50% Maty: 9/1/2026
08/01/2010 interest 146.87
12/01/2010 interest at sale 286.88
443.75
12/22/2010
12/22/2010
TOTAL BOND INTEREST
CIGNA Policy 770801 -dividends
CIGNA Policy 828210 -dividends
TOTAL RECEIPTS OF INCOME
4,500.00
631.40
789.25
1,420.66
1,420.65
12,587.58
-32-
,_
COMBINED BALANCE ON HAND
Fiduciary
Acquisition
# Units Description Value
~.3T'T'
[BankOut Name] -39,722.00
Citizens Estate Checking 149.40
Citizens Estate MM 496,572.36
Total Cash 456,998.76
AS88tS
Treasurer, State of Maine -refund
1,211.00
Total Assets 1,211.00
458,210.76
-34-
,.
~ ~-
PROPOSED DISTRIBUTIONS TO BENEFICIARIES
TO:
RESERVE
RESERVE: Treasurer, State of Maine -refund
TO: Elizabeth Ann Southwick
Caah -Distribution
TO: Jane N. Eshelman
Cash -Distribution
TO: Naomi Ruth Nolte
Cash -Distribution
TO: Sara Jane Leone
Caah - Distribution
Total
Fiduciary
Acquisition
Value
1,000.00
1,211.00
2,211.00
75,899.96
75,898.86
227.989.88
227,999.68
75,999.96
75,999.96
75,999.96
75,999.98
458.210.76
-35-
r,
'- In the Court of Common Pleas of Cumberland County, Pennsylvania
Orphans' Court Division
File No. 21-2010-00780
Estate of Adolph Neuber, Deceased
Verification
Jane N. Eshelman and James B. Eshelman, Executors under the Last Will and Testament of Adolph
Neuber, Deceased, hereby declare under oath that they have fully and faithfully discharged the
duties of their oftlce; 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
Estate have been paid in full; that, to his/her knowledge, there are no claims now 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 occurred more than four
months before the foregoing Account.
This statement is made subject to penalties of 18 Pa. C.S.A. Section 4804 relating to unsworn
falsification to authorities.
Dated: ~~~~ /~
N. Eshelman, Co-Executor
Dated: ~~ ~- /~
B. Eshelman, Co-Executor
-36-