HomeMy WebLinkAbout08-17-11 (2)
TRUST
COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
NAME OF TRUST
(TRUST UNDER WILL OF SARAH McCREA CHAPMAN JONES
or
TRUST UNDER DEED OF
DATED ~ y ~~ _ : -~-~
No. 21 2009 0329 ~' ~ -
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PETITION FOR ADJUDICATION / ~ ~' ~•' ~- ' '~'
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STATEMENT OF PROPOSED DISTRIBUTION y c ~ '~
PURSUANT TO Pa. O.C. Rule 6.9
This form may be used in all cases involving the Audit of Trust Accounts. If space is insufficient,
riders may be attached.
INCL UDE ATTACHMENTS AT THE BACK OF THIS FORM.
Name of Counsel: No V Otto III, Esquire
Supreme Court I.D. No.: 27763
Name of Law Firm: Manson Law Offices
Address: Ten East High Street, Carlisle, PA 17013
Telephone: 717-243-3341
Fax: 717-243-1850
F~~,-nr oc-oz ,-~,~ io.~3.oh Page 1 of 10
Name of Trust: SARAH McCREA CHAPMAN JONES
1. Name(s) and address(es) of Petitioner(s):
Petitioner: Petitioner:
Name. M&T Bank Trustee
Ad~,.eJ, One West High Street
Carlisle, PA 17013
221 Doubling Gap Road
Newville, PA 17241
2. Check if any of the following issues are involved in this case:
A. Appointment of Trustee ............................... ............
B. Interpretation ....................................... ............ 0
C. Discharge of Trustee .................................. ...........
D. Transfer of Situs .............. . .
E. Appointment of Ad Litem ............................... ...........
F. Minor, Unborn or Unascertained Beneficiary(ies) ........... ...........
G. Principal Distribution .................................. ........... ~
H. Partial/Full Termination of Trust ......................... ...........
I. Missing Beneficiary(ies) ............................... ........... 0
J. Cy Pres ............................................. ...........
K. WilliamsonIssue* .................................... ...........
L. Other Issues ......................................... ...........
List:
Please note:
A detailed explanation of issues checked should be set forth at item 13 below.
* .See Wi//ramson Estate, 368 Pa. 343, 82 A.2d 49 (1951), if'I rustee was also Executor of the settlor/decedent's estate and
received commissions in such capacity.
Form OG01 ~•ev 10.13.06 Page 2 Of 10
Name of Trust: SARAH McCREA CHAPMAN JONES
3. Testamentary Trust:
Decedent's date of death: July 28, 1978
Date of Decedent's Will: September 8, 1976
Date(s) of Codicil(s): October 6, 1977
Date of probate: August 16, 1978
or
Inter Vivos Trust:
Date of Trust:
Date(s) of Amendment(s):
4. A. If any other Court has taken jurisdiction of any matter relating to this Trust, explain:
B. Identify all prior accountings and provide dates of adjudication.
First & Partial Account filed 12/7/09 adjudicated 1/12/10
5. A. State how each Trustee was appointed:
Last Will and Testament
B. If a Petitioner is not a Trustee, explain:
Form oc-nz ,~e,~ ro.13.n6 Page 3 of 10
Name of Trust: SARAH McCREA CHAPMAN JONES
6. State how and when the present fund was awarded to Trustee(s):
Funded October 16, 1985
7. Period covered by accounting: Nov. 13, 2009
to August 2, 2011
8. Current fair market value of the Trust principal is $ 1,175,010.06
13 of Account.)
9. State concisely the diapositive provisions of the Trust:
10% to Dickinson College
30% to Brown University
10% to National Trust for Scotland
30% to Episcopal Dioceses of Central Pennsylvania
20% to Dickinson School of Law
(See page
10. Explain the reason for filing this Account (if filed because of the death of a party, state
name of person, relationship to Trust and date of death):
Updating Court Filing
Form OG02 rev lOJ3.06
Page 4 of 10
Name of Trust: SARAH McCREA CHAPMAN JONES
11. 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):
Not applicable
12. A. State the amount of Pennsylvania Transfer Inheritance Tax and Pennsylvania Estate
Tax paid (including postponed tax on remainder interests), the dates of payment and
the interests upon which such amounts were paid:
Da[e ParmeM interest
n/a
B. If any such taxes remain unpaid or are in dispute, explain:
None
13. Describe any questions requiring Adjudication and state the position of Petitioner(s) and
give details of any issues identified in item 2:
None
Furor OG02 rrti~ 10.13.06 Page 5 Of 1
Name of Trust; SARAH McCREA CHAPMAN JONES
14. 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 15 below. In addition, notice of any
questions requiring Adjudication as discussed in item 13 above 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 Petitioner(s) or counsel certifying; that such
Notice has been given.
C. If any such party in interest 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.
15. List all parties of whom Petitioner(s) has/have notice or knowledge, having or claiming
any interest in the Trust, whether such interest is vested or contingent, charitable or
non-charitable. This list shall:
A. State each party's relationship to the Settlor/Decedent and the nature of each
party's interest(s);
Form OG03 rer 10.13.06 Page 6 Of 1
Name of Trust; SARAH McCREA CHAPMAN JONES
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 h.ow 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; and'.
Alfred McCrea Chapman DOB 1936, an incapacited person
Henry L. Chapman, Guardian by appointment 9/24/09
C. 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
16. If Petitioner(s) has/have knowledge that a Trust share has been assigned or attached,
provide a copy of the assignment or attachment, together with any relevant supporting
documentation.
17. If a trustee's principal commission is claimed:
A. If based on a written agreement, attach a copy thereof.
Fornr OC-02 rer 10.13.06 Page 7 Of 1
Name of Trust: SARAH McCREA CHAPMAN JONES
B. If a principal commission is claimed, state amount.
None
C. If a principal commission is claimed, state the amounts and dates of an}~ principal
commissions previously paid in prior accounting periods.
Amount Date Pard
18. If a reserve is requested, state amount and purpose.
Amount:
Purpose:
None
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? ........................................ Yes ~No
If so, attach a copy of the notice.
19. Is the Court being asked to direct
the filing of a Schedule of Distribution? .......................... ~ Yes ~No
F-o,~,n oc-oa rev n~. r 3. n6 Page 8 of 10
Name of Trust: SARAH McCREA CHAPMAN JONES
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 Dlstributee(s) Amount/Proportion
None
B. Principal:
Proposed Distributee(s)
None
ArnoundProportion
Submitted By:
(All petitioners must sign.
Add additional lines if necessary):
M&T Bank
Name of I~etitioner: M&T Bank Trustee
Name of Petitioner:
Firm oc-o2 rev !0.13.06 Page 9 of 10
Name of Trust: SARAH McCREA CHAPMAN JONES
Verification of Petitioner
(Verification must be by at least one petitioner.)
The undersigned hereby verifies * [that srersre she is rare Vice President
ofthe above-named name ofcorporalion M&T Bank and] that the facts set
forth in the foregoing Petition for Adjudication /Statement of Proposed Distribution whiclh 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).
Signat re of Petitioner
* 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
Fonn OG02 rev 10. l J.06 Page 1 C- of I 0
15. Parties of Interest:
Alfred McCrea Chapman, an incapacitated person Income Beneficiary
Henry L. Chapman, Guardian Son of Alfred McCrea Chapman
355 Lonely Goose Circle
Harleysville, PA 19438
Dickinson College Remainder Beneficiary
Dana Scaduto, Esquire
P.O. Box 1773
Carlisle, PA 17013
Dickinson School of Law Remainder Beneficiary
Patricia Roenigk, Esquire
7 Old Main
University Park, PA 16802-1502
The National Trust for Scotland Remainder Beneficiary
Hermiston Quay
5 Cultins Road
Edinburgh, Scotland EH11 4DF
Episcopal Dioceses of Central Pennsylvania Remainder Beneficiary
P.O. Box 11937
Harrisburg, PA 17108
Brown University Remainder Beneficiary
Providence, RI 02912
COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
N0. 21 2009 00329
SARAH MCCREA CHAPMAN JONES CHARITABLE REMAINDER
TKUST UNDER WILL DATED 9/8/76, CODICIL DATED 10/6/'17
F/B/O ALFRED MCCREA CHAPMAN
SECOND AND PARTIAL ACCOUNT OF
Manufacturers and Traders Trust Company and
John McCrea, III, Co-Trustees
Date of DE>ath:
Sarah McCrea Chapman Jones July 28, 1978
Date of T:rustee's First Receipt of Funds: October 16, 1985
Accounting for the Period: November 13, 2009 to
August 2, 2011
Purpose of A~~count: The Co-Trustees offer this Account to acquaint
interested parties with the transactions that have occurred during the
administration of the Trust.
It is import~snt that the Account be carefully examined. Requ~=_sts fot:
additional information, questions or objections can be discussed witYi:
Jane F. Burke, Vice President
Manufacturers and Traders Trust Company
One West High Street
Carlisle, PA 17013
(717) 240-4504
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SUMMARY OF ACCOUNT
PRINCIPAL
PAGES
Receipts
Net Gain on Sales or Disposition
Increase in Reappraisement
Less Disbursements:
Fiduciar~~ Fees
Legal Fees
Federal State & Local Taxes
Administration - Misc. Exp.
Balance before=_ Distributions
Distributions to Beneficiaries
Principal Balance on Hand
For Information:
Investments Made
Changes in Holdings
INCOME
Receipts
Less Disbursements
Balance before Distributions
Income Balance on Hand
COMBINED BALANCE ON HAND
Unitrust Statement(s)
Verification
3-5 $ 928,889.71
6-7 4,753.59
$ 933,643.30
8 112.69
$ 933,755.99
9-10 $ 15,335.55
10 3,810.50
10 -180.00
10 530.00 -19,496.05
$ 914,259.94
11 -83,823.70
12-13 $ 830,436.24
14
15-20
21-28 $ 75,456.25
29-30 -70,539.94
4,916.31
31 $ 4,916.31
32-35
36-37
- 2 -
$ 835,352.55
+' ~'
PRINCIPAL RECEIPTS
ASSETS AS PER FIRST AND PARTIAL
ACCOUNTING ADJUDICATED:
Common Stocks
200 Shs. Allstate Corporation
600 Shs. Altria Group Incorporated
1,500 Shs. Bank of America Corporation
500 Shs. Chevron Corporation
600 Shs. Citigroup Incorporated
500 Sh:s. Colgate Palmolive Company
1,500 Shs. Du Pont E I De Nemours &
Company
1,000 Shs. Exxon Mobil Corporation
1,000 Shs. FPL Group Incorporated
1,500 Shs. General Electric Company
300 Sh;s. International Business Machines
Corporation
500 Shs. Kimberly Clark Corporation
415 Sh.s. Kraft Foods Incorporated CL A
500 Sh,s. Merck & Company Incorporated
500 Shs. Pepsico Incorporated
600 Shs. Philip Morris International
Incorporated
1,000 Shs. Verizon Communications
FORWARD
- 3 -
S
11,010.00
5,809.61
15,083.77
32,165.00
26,694.00
25,710.00
11,754.91
2,875.00
15,257.77
1,673.83
26,016.00
25,563.67
5,984.56
25,330.00
27,155.00
13,318.74
8,847.46
$ 280,249.32
~~ r
PRINCIPAL RECEIPTS (cont'd)
FORWARD
Mutual Funds
1,595.E322 Shs. Bridgeway Ultra Small Co.
Mkt Fd
l,il0.E351 Shs. CRM Mid Cap Value
Fd-Instl #32
1,169.344 Shs. Harbor Internationa~ Fund
#11
10,646.556 Shs. MTB Intermediate Term
Bond-Irlst I Fund #220
11,163.998 Shs. MTB US Government Bond
Ins.*_ I Fund #822
10,155.848 Shs. Pimco Total Return Fund
I #35
11,344.043 Shs. Vanguard Long-Term
Corporate Fd #28
Principal Cash
SUBSEQUENT RECEIPTS
CASH TRANSFERS:
12/21/09 Transfer from Income
03/22/10 Transfer from Income
06/21/10 Transfer from Income
09/20/10 Transfer from Income
12/20/10 TransfE=_r from Income
03/21/11 Transfer from Income
FORWARD
$ 280,249.32
30,228.62
32,132.16
68,776.68
105,600.00
106,300.00
105,778.97
106,300.00
$ 835,365.75
31,774.55
$ 867,140.30
8,315.45
8,923.04
7,741.55
8,091.73
11,111.61
9,089.94
$ 53,273.32 $ 867,140.30
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PRINCIPAL RECEIPTS (cont'd)
FORWARD $ 53,273.32 $
SUBSEQUENT RECEIPTS (cont'd)
CASH TRANSFERS: (cont'd)
06/20/11 Transfer from Income 8,476.09
TOTAL PRINCIPAL RECEIPTS
867,140.30
61,749.41
$ 928,889.71
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PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS
N LOSS
12/10/09 Long Term Capital Gain Distribution on
Pimco Total Return Fund I #35
Net Proceeds 245.47
Pcquisition Value .00 $
07/23/10 0.0397 Shs. Frontier Communications
Corporation
Net Proceeds .30
Pcquisition Value .11
12/03/10 Long Term Capital Gain Distribution on
MTB Intermediate Term Bond-Inst I Fund
#220
Net Proceeds 553.62
Pcquisition Value .00
12/09/10 Lonq `Perm Capital Gain Distribution on
Pimco Total Return Fund I #35
Net Proceeds 1,735.89
Acquisition Value .00
12/19/10 240 Shs. Frontier Communications
Corporation
Ne_ Proceeds 2,210.36
Acquisition Value 671.30
04/28/11 345.473 Shs. MTB US Government Bond Inst
I Fund #822
Ne'_ Proceeds 3,358.00
Acquisition Value 3,295.81
05/19/11 39.183 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
Ne= Proceeds 42_2.40
Acquisition Value 395.75
06/23/11 603.7"73 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
Ne= Proceeds 6,520.75
Acquisition Value 6,098.11
FORWARD $
245.47
19
553.62
1,735.89
1,539.05
62.19
26.65
422.64
4,585.71
- 6 -
+' t
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (oont'd)
GAIN LOSS
FORWARD $ 4,585.71
C6/28/11 170.98 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
Net= Proceeds 1,850.00
Acquisition Value 1,726.90 123.1()
07/20/11 61.34 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
Net= Proceeds 664.31
Acquisition Value 619.53 44.78
TOTALS
$ 4,753.59 $ .00
NET GAIN TRANSFERRED TO SUMMARY
$ 4,753.59
- 7 -
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PRINCIPAL REAPPRAISEMENT
ACCOUNT REAPPRAISED
VALUE VALUE
REAPPRAISED AS OF 07/03/10
1,000 Shs. Verizon Communications -
Adjustrnent to Reflect Correct Tax Cost $ 8,176.05 $ 8,288.74
TOTALS
INCREASE TRANSFERRED TO
SUMMARY PAGE
S 8,176.05 $ 8,288.74
112.69
$ 8,288.74 $ 8,288.74
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DISBURSEMENTS OF PRINCIPAL
FIDUCIARY FEES
John McCrea, III - Co-Trustee Fee
06/28/11
Manufacturers and Traders Trust Company
Co-Trustee Fee
11/16/09
12/15/09
01/15/10
02/16/10
03/15/10
04/15/10
05/17/10
06/15/10
07/15/10
08/16/10
09/15/10
10/15/10
11/15/10
12/15/10
01/18/11.
02/15/11
03/15/11
04/15/11
05/16/11.
$ 1,85C.G0
$
621.30
626.55
629.75
606.80
626.52
636.52
623.99
614.12
615.60
622.52
635.93
647.39
544.56
650.70
658.48
671.66
671.02
675.23
681.48
FORWARD $ 12,160.12 $ 1,850.00
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DISBURSEMENTS OF PRINCIPAL (cont'd)
FORWARD $ 12,160.12 $ 1,85C.C0
FIDUCIARY FEES (cont'd)
Manufacturers and Traders Trust Company
Co-Trustee Fee (cont'd
06/15/11
07/15/1.1
LEGAL FEES
Martson Law Offices - Attorney Fee
12/29/09
04/28/11
FEDERAL STATE & LOCAL TAXES
Pennsylvania Department of Revenue
State Fiduciary Income Tax
05/27/10 2009 Refund.
ADMINISTRATION - MISC. EXPENSES
Cumberland County Register of Wills
12/07/09 Filing Fee - First and Partial
Accounting
661.12
664.31 13,485.55 $ 15,335.55
$ 452.50
3,358.00 3,810.50 3,810.50.
-180.00 -180.00
530.00 53C.00
TOTAL DISBURSEMENTS OF PRINCIPAL
$ 19,496.05
- 10 -
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DISTRIBUTIONS OF PRINCIPAL, TO BENEFICIARIES
2009 Unitrust Pavouts
Alfred McCrea Chapman
12/2_/09
20~C Unitrust Pavouts
Alfred McCrea Chapman
03/22/10 $ 13,590.23
06/2"_/10 13,590.23
09/20/10 13,590.23
1'/20/10 13,590.23
2011 Unitrust Pavouts
Alfred McCrea Chapman
03/21/11 $ 14,335.72
06/20/11 14,335.72
TOl'AL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES
$ 791.34
54,360.92
28,671.44
$ 83,823.70
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PRINCIPAL BALANCE ON HAND
FI D[JC IARY
VALUE AT ACQUISITION
08/02/2011 VALUE
Common Stocks
200 Shs. Allstate Corporation $ 5,668.00 $ 1.1,010.00
600 Shs. A1-ria Group Incorporated 15,690.00 5,809.61
1,500 Shs. Bank of America Corporation 14,715.00 1.5,083.77
ci00 Shs. Chevron Corporation 52,690.00 32,165.00
60 Shs. Citigroup Incorporated 2,308.80 26,694.00
500 Shs. Colgate Palmolive Company 42,010.00 25,710.00
1,500 Shs. Du Pont E I De Nemours &
Company 77,325.00 '.._1,754.91
1,000 Shs. Exxon Mobil Corporation 79,600.00 2,875.00
].,500 Shs. General Electric Company 26,955.00 1,673.83
300 Shs. International Business Machines
Corporation 54,225.00 26,016.00
500 Shs. Kimberly Clark Corporation 32,585.00 25,563.67
415 Shs. Kraut Foods Incorporated CL A 14,251.10 5,984.56
500 Shs. Merck & Company Incorporated 16,720.00 25,330.00
1,000 Shs. Nextera Energy Incorporated 55,41.0.00 15,257.77
500 Shs. Pepsico Incorporated 31,930.00 27,155.00
600 Shs. Philip Morris International
Incorporated 42,432.00 ]_3,318.74
1,000 Shs. `Jer_izon Communications 35,870.00 8,288.74
FORWARD S 600,384.90 $ 2_''9,690.60
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PRINCIPAL BALANCE ON HAND (cont'd)
FORWARD $ 600,384.90 $
Mutual Funds
1,595.822 Shs. Bridgeway Ultra Small Co.
Mkt Fd
1,110.851 Shs. CRM Mid Cap Value
Fd-Instl #32
1,169.344 Shs. Harbor International Fund
#11
9,875.144 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
10,818.525 Shs. MTB US Government Bond
Inst I Fund #822
10,771.671 Shs. Pimco Total Return Fund
I #35
11,344.643 Shs. Vanguard Long-Term
Corporate Fd #28
TOTAL PRINCIPAL BALANCE ON HAND
23,857.54
32,459.07
73,002.15
107,342.82
106,670.66
119,780.98
111,511.94
$ 1,175,010.06 $
$ 1,175,010.06 $
THE ABOVE CASH IS CURRENTLY INVESTED IN
MTB Prime Money Market-Inst I Fund #142
279,690.60
30,228.62
32,132.16
68,776.68
97,864.82
103,004.19
112,939.17
106,300.00
830,436.24
830,436.24
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PRINCIPAL, INVESTMENTS MADE
12/10/09 103.573 Shs. Pimco Total Return Fund I
#35
12/03/10 103.864 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
12/09/10 512.25 Shs. Pimco Total Return Fund I
#35
TOTAL PRINCIPAL INVESTMENTS MADE
S 1,127.91
1,105."_1
5, 532. 29
$ 7, 765. 31
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CHANGES IN PRINCIPAL HOLDINGS
ACCOUNT
VALUE
Allstate Corporation
200 Shs. Received S 11,010.00
Altria Group Incorporated
600 Shs. Received $ 5,809.61
Bank of America Corporation
1,500 Shs. Received $ 15,083.77
Bridgeway Ultra Sma11 Co. Mkt Fd
1,595.822 Shs. Received $ 30,228.62
Chevron Corporation
500 Shs. Received $ 32,165.OC
Citigroup Incorporated
600 Shs. Received $ 26,694.00
05/09/11 540 Shs. Delivered in 1 for 10 reverse split 0.00
60 Shs. S 26,694.00
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CHANGES IN PRINCIPAL, HOLDINGS (cont'd)
ACCOUNT
VALUE
06/03/10
Colgate Palmolive Company
500 Shs. Received $ 25,710.00
CRM M_d Cap Value Fd-Instl #32
1,110.851 Shs. Received $ 32,132.16
Du Pont E I De Nemours & Company
1,500 Shs. Received $ 11,754.91
Exxcn Mobil Corporation
1,000 Shs. Received $ 2,875.OC
FPL Group Incorporated
1,000 Shs. Received $ 15,257.77
1,000 Shs. Name changed to Nextera Energy
Incorporated -15,257.77
0 Shs. $ 0.00
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CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOUNT
VALUE
Nextera Eneray Incorporated
06/03/10 1,000 Shs. Name changed from FPL Group
Incorporated $ 1.5,257.77
General Electric Company
1,500 Shs. Received $ 1,673.83
Harbor International Fund #11
1,169.344 Shs. Received $ 68,776.68
International Business Machines
Corporation
300 Shs. Received $ 26,016.00
Kimberly Clark Corporation
500 Shs. Received $ 25,563.67
Kraft Foods Incorporated CL A
415 Shs. Received $ 5,984.56
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CHANGES IN PRINCIPAL HOLDINGS (cont'd)
Merck & Company Incorporated
500 Shs. Received
ACCOUNT
VALUE
$ 25,330.00
MTB I:itermediate Term Bond-Inst I Fund
#220
10,646.556 Shs. Received $ 105,600.00
12/03/10 103.864 Shs. Reinvested Capital Gain 1,105.11
10,750.42 Shs. $ 106,705.11
12/03/10 Long Term Capital Gain Distribution 0.00
10,750.42 Shs. S 106,705.11
05/1.9/11 39.183 Shs. Sold -395.75
10,711.237 Shs. S 106,309.36
06/23/11 603.773 Shs. Sold -6,098.11
10,107.464 Shs. S 100,211.25
06/28/11 170.98 Shs. Sold -1,726.90
9,936.484 Shs. $ 98,484.35
07/20/11 61.34 Shs. Sold -619.53
9,875.144 Shs. $ 97,864.82
MTB US Government Bond Inst I Fund #822
11,163.998 Shs. Received $ 106,300.00
04/28/11 345.473 Shs. Sold -3,295.81
10,818.525 Shs. $ 103,004.19
- 18 -
Pepsico Incor
500
Philip Morris
600
Pimco Total R
10,155.848
12/10/09 103.573
10,259.421
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
orated
Shs. Received
International Incorporated
Shs. Received
turn Fund I #35
Shs. Received
Shs. Reinvested Capital Gain
Shs.
ACCOUNT
VALUE
$ 27,155.00
$ 13,318.74
$ 105,778.97
1,127.91
$ 106,906.88
12/10/09 Long Term Capital Gain Distribution 0.00
10,259.421 Shs. $ 1.06,906.88
12/09/10 512.25 Shs. Reinvested Capital Gain 5,532.29
10,771.671 Shs. $ 112,439.17
12/09/10 Long Term Capital Gain Distribution 0.00
10,771.671 Shs. $ 112,439.17
Vanguard Long-Term Corporate Fd #28
11,344.043 Shs. Received $ 106,300.00
- 19 -
+' a
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
Verizon Communications
1,000 Shs. Received
07/02/16 0 Shs. Reduce Tax Cost value from spin-off
of 240.0397 shares Frontier
Communications Corporation
1,000 Shs.
07/03/10 Adjustment to Reflect Correct Tax
Cost
1,000 Shs.
Frontier Communications Corporation
07/02/10 240.0397 Shs. Received i~~ spi.n-off from Verizon
Communications at a rate of
0.24003973 shares
07/23/10 0.0397 Shs. Sold
240 Shs.
12/14/10 240 Shs. Sold
0 Shs.
ACCOUNT
VALUE
$ 8,847.46
-671.41
S 8,176.05
112.69
S 8,288.74
$ 671.41
-0.11
$ 671.30
-671.30
S 0.00
- 20 -
~• ~
RECEIPTS OF INCOME
Prior Award:
ASSETS AS PER FIRST AND PARTIAL
ACCOUN?ING ADJUDICATED:
Income Cash
Allstate Corporation
01/05/10 Dividend 200 Shs.
09/01/10 Dividend 200 Shs.
07/01/10 Dividend 200 Shs.
10/01/10 Dividend 200 Shs.
01/03/11 Dividend 200 Shs.
04/01/11 Dividend 200 Shs.
07/05/11 Dividend 200 Shs.
Altria Group Incorporated
O1/11/10 Dividend 600 Shs.
09/09/10 Dividend 600 Shs.
07/09/10 Dividend 600 Shs.
10/12/10 Dividend 600 Shs.
Ol/10/11 Dividend 600 Shs.
04/11/11 Dividend 600 Shs.
07/11/11 Dividend 600 Shs.
Bank of America Corporation
12/24/09 Dividend 1,500 Shs.
03/26/10 Dividend 1,500 Shs.
06/25/10 Dividend 1,500 Shs.
09/24/10 Dividend 1,500 Shs.
12/24/10 Dividend 1,500 Shs.
03/25/11 Dividend 1,500 Shs.
06/27/11 Dividend 1,500 Shs.
Bridaewav Ultra Small Co. Mkt Fd
$ 3,795.91
$ 40.00
40.00
40.00
90.00
40.00
42.00
42.00 284.00
$ 204.00
210.00
210.00
228.00
228.00
228.00
228.00 1,536.00
$ 15.00
15.00
15.00
15.00
15.00
15.00
15.00 105.00
12/16/09 Dividend 1,595.822 Shs.
12/15/10 Dividend 1,595.822 Shs.
Chevron Corporation
12/10/09 Dividend 500 Shs.
FORWARD
$ 275.84
234.17 510.01
$ 340.00
$ 340.00 $ 6,230.92
- 21 -
RECEIPTS OF INCOME (cont'd)
FORWARD $ 340.00 $
Chevron Corporation
(cont'd)
03/10/10 Dividend 500 Shs.
06/10/10 Dividend 500 Shs.
09/10/10 Dividend 500 Shs.
12/10/10 Dividend 500 Shs.
03/10/11 Dividend 500 Shs.
06/10/11 Dividend 500 Shs.
Citigroup Incorporated
06/17/11 Dividend 60 Shs.
Colgate Palmolive Company
11/13/09 Dividend 500 Shs.
02/16/10 Dividend 500 Shs.
05/14/10 Dividend 500 Shs.
08/13/10 Dividend 500 Shs.
11/15/10 Dividend 500 Shs.
02/15/11 Dividend 500 Shs.
05/16/11 Dividend 500 Shs.
CRM Mid Cap Value Fd-Instl #32
12/16/09 Dividend 1,110.851 Shs.
12/15/10 Dividend 1,110.851 Shs.
Du Pont E I De Nemours & Company
12/14/09 Dividend 1,500 Shs.
03/12/10 Dividend 1,500 Shs.
06/11/10 Dividend 1,500 Shs.
09/10/10 Dividend 1,500 Shs.
12/14/10 Dividend 1,500 Shs.
03/14/11 Dividend 1,500 Shs.
06/13/11 Dividend 1,500 Shs.
Exxon Mobil Corporation
12/10/09 Dividend 1,000 Shs.
03/10/10 Dividend 1,000 Shs.
06/10/10 Dividend 1,000 Shs.
09/1.0/10 Dividend 1,000 Shs.
FORWARD
340.00
360.00
360.00
360.00
360.00
390.00
6,230.92
2,510.00
60
$ 220.00
220.00
265.00
265.00
265.00
265.00
290.00
$ 130.79
186.42
$ 615.00
615.00
615.00
615.00
615.00
615.00
615.00
1,790.00
317.21
4,305.00
$ 420.00
420.00
440.00
490.00
$ 1,720.00 $ 1.5,153.73
- 22 -
~~ N
RECEIPTS OF INCOME (cont'd)
FORWARD $ 1,720.00 $ 1.5,153.73
Exxon Mobil Corporation
(cont'd)
12/10/10 Dividend 1,000 Shs. 440.00
03/10/11 Dividend 1,000 Shs. 440.00
06/10/11 Dividend 1,000 Shs. 470.00 3,070.00
FPL Group Incorporated
12/15/09 Dividend 1,000 Shs. $ 472.50
03/15/10 Dividend 1,000 Shs. 500.00 972.50
Frontier Commun-cations Corporation
09/30/10 Dividend 240 Sh s. $ 45.00
12/31/10 Dividend 240 Sh s. 45.00 90.00
General Electric Compan
01/25/10 Dividend 1,500 Shs. $ 150.00
04/26/10 Dividend 1,500 Shs. 150.00
07/26/10 Dividend 1,500 Shs. 150.00
10/25/10 Dividend 1,500 Shs. 180.00
01/25/11 Dividend 1,500 Shs. 210.00
04/25/11 Dividend 1,500 Shs. 210.00
07/25/11 Dividend 1,500 Shs. 225.00 1,275.00
Harbor International Fund #11
12/21/09 Dividend 1,169.344 Shs. $ 824.20
12/20/10 Dividend 1,169.344 Shs. 1,019.28 1,843.48
International Business Machines
Corporation
12/10/09 Dividend 300 Shs. $ 165.00
03/10/10 Dividend 300 Shs. 165.00
06/10/10 Dividend 300 Shs. 195.00
09/10/10 Dividend 300 Shs. 195.00
12/10/10 Dividend 300 Shs. 195.00
03/11/11 Dividend 300 Shs. 195.00
06/13/11 Dividend 300 Shs. 225.00 1,335.00
FORWARD $ 23,739.71
- 23 -
~ ,'
RECEIPTS OF INCOME (cont'd)
FORWARD
Kimberly Clark Corporation
01/05/10 Dividend 500 Shs.
04/05/10 Div~dend 500 Shs.
07/02/10 Dividend 500 Shs.
10/04/10 Dividend 500 Shs.
01/04/11 Dividend 500 Shs.
09/04/11 Dividend 500 Shs.
07/05/11 Dividend 500 Shs.
Kraft Foods incorporated CL A
01/13/10 Dividend 415 Shs.
04/14/10 Dividend 415 Shs.
07/14/10 Dividend 415 Shs.
10/14/10 Dividend 415 Shs.
01/14/11 Dividend 415 Shs.
04/14/11 Dividend 415 Shs.
07/14/11 Dividend 415 Shs.
Merck & Company Incorporated
01/08/10 Dividend
04/07/10 Dividend
07/08/10 Dividend
10/07/10 Dividend
01/07/11 Dividend
04/07/11 Dividend
07/08/11 Dividend
MTB Intermediate '
#220
12/01/09 Dividend
01/04/10 Dividend
02/01/10 Dividend
03/01/10 Dividend
04/01/10 Dividend
05/03/10 Dividend
06/01/10 Dividend
07/01/10 Dividend
08/02/10 Dividend
09/01/10 Dividend
10/01/10 Dividend
11/01/10 Dividend
500 Shs.
500 Shs.
500 Shs.
500 Shs.
500 Shs.
500 Shs.
500 Shs.
Perm Bond-Inst I Fund
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
10,646.556 Shs.
FORWARD
$ 300.00
330.00
330.00
330.00
330.00
350.00
350.00
$ 120.35
120.35
120.35
120.35
120.35
120.35
120.35
$ 190.00
190.00
190.00
190.00
190.00
190.00
190.00
$ 434.94
451.50
447.12
385.32
370.06
266.47
375.84
386.27
371.03
329.27
330.23
343.11
2,320.00
842.45
1,330.00
$ 4,491.16 $
$ 23,739.71
28,232.16
- 24 -
t A
RECEIPTS OF INCOME (cont'd)
FORWARD $ 9,491.16 $ 28,232.16
MTB Intermediate Term Bond-Inst I Fund
#220
(cont'd)
12/01/10 Dividend 10,646.556 Shs. 321.09
12/03/10 Short Perm Capital Gain Distribution 551.49
01/03/11 Dividend 10,750.42 Shs. 327.95
02/01/11 Dividend 10,750.42 Shs. 335.75
03/01/11 Dividend 10,750.42 Shs. 316.41
04/01/11 Dividend 10,750.42 Shs. 361.50
05/02/11 Dividend 10,750.42 Shs. 337.20
06/01/11 Dividend 10,711.237 Shs. 333.65
07/01/11 Dividend 9,936.484 Shs. 300.83
O8/O1/11 Dividend 9,875.144 Shs. 254.55 7,931.58
MTB Prime Monev Market-Inst I Fund #142
12/01/09 Interest $ 1.97
01/04/10 Interest 1.51
02/01/10 Interest 1.25
03/01/10 Interest 1.21
04/01/10 Interest 1.14
05/03/10 Intere:>t 0.90
06/01/10 Intere:>t 1.16
07/01/10 Interest 1.30
08/02/10 Interest 1.16
09/01/10 Interest 1.55
10/01/10 Interest 1.07
11/Ol/10 Interest 0.64
12/01/10 Interest 0.71
01/03/11 Interest 0.71
02/01/11 Interest 0.35
03/01/11 Interest 0.56
04/01/11 Interest 0.40
07/01/11 Interest 0.18 17.77
MTB US Government Bond Inst I Fund #822
12/01/09 Dividend 11,163.998 Shs. $ 337.19
01/04/10 Dividend 11,163.998 Shs. 362.62
02/01/10 Dividend 11,163.998 Shs. 364.63
03/01/10 Dividend 11,163.998 Shs. 329.97
04/01/10 Dividend 11,163.998 Shs. 362.54
05/03/10 Dividend 11,163.998 Shs. 314.81
06/01/10 Dividend 11,163.998 Shs. 350.91
FO RWARD $ 2,922.67 $ 36,181.51
- 25 -
i' 1
RECEIPTS OF INCOME (cont'd)
FORWARD $ 2,422.67 $ 36,18E 51
MTB US Government Bond Inst I Fund #822
(cont'd)
07/01/10 Dividend 11,163.998 Shs. 352.58
08/02/10 Dividend 11,163.998 Shs. 362.87
09/01/10 Dividend 11,163.998 Shs. 358.83
10/Ol/10 Dividend 11,163.998 Shs. 333.96
11/O1/10 Dividend 11,163.998 Shs. 349.87
12/01/10 Div:i.dend 11,163.998 Shs. 335.67
01/03/11 Dividend 11,163.998 Shs. 319.71
02/01/11 Dividend 11,163.998 Shs. 312.37
03/01/11 Dividend 11,163.998 Shs. 301.75
04/01/11 Dividend 11,163.998 Shs. 354.86
05/02/11 Dividend 10,818.525 Shs. 357.03
06/01/11 Dividend 10,818.525 Shs. 383.71
07/01/11 Dividend 10,818.525 Shs. 393.26
08/01/11 Dividend 10,818.525 Shs. 387.11 7,326.25
Nextera Eneray Incorporated
06/16/10 Dividend 1,000 Shs. $ 500.00
09/15/10 Dividend 1,000 Shs. 500.00
12/15/10 Dividend 1,000 Shs. 500.00
03/15/11 Dividend 1,000 Shs. 550.00
06/15/11 Dividend 1,000 Shs. 550.00 2,600.00
Pepsico Incorporated
01/04/10 Dividend 500 Shs. $ 225.00
03/31/10 Dividend 500 Shs. 225.00
06/30/10 Dividend 500 Shs. 240.00
09/30/10 Dividend 500 Shs. 240.00
01./03/11 Dividend 500 Shs. 240.00
03/31/11 Dividend 500 Shs. 240.00
07/01/11 Dividend 500 Shs. 257.50 1,667.50
Philip Morris International Incorporated
01/11/10 Dividend 600 Shs. $ 398.00
04/09/10 Dividend 600 Shs. 398.00
07/09/10 Dividend 600 Shs. 348.00
10/08/10 Dividend 600 Shs. 384.00
Ol/10/11 Dividend 600 Shs. 384.00
04/11/11 Dividend 600 Shs. 384.00
07/11/11 Dividend 600 Shs. 384.00 2,580.00
FORWARD $ 50,355.26
- 26 -
! ~
RECEIPTS OF INCOME (cont'd)
FORWARD
Pimco Total Return Fund I #35
12/01/09 Dividend 10,155.848 Shs. $ 378.02
12/10/09 Short. Term Capital Gain Distribution 882.44
01/04/10 Dividend 10,259.421 Shs. 355.97
02/01/10 Dividend 10,259.421 Shs. 272.05
03/01/10 Dividend 10,155.848 Shs. 268.11
04/01/10 Dividend 10,259.421 Shs. 281.52
05/03/10 Dividend 10,259.421 Shs. 289.96
06/01/10 Dividend 10,259.421 Shs. 264.93
07/01/10 Dividend 10,259.421 Shs. 295.86
08/02/10 Dividend 10,259.421 Shs. 316.66
09/01/10 Dividend 10,259.421 Shs. 293.98
10/01/10 Dividend 10,259.421 Shs. 301.90
11./O1/10 Dividend 10,259.421 Shs. 332.32
12/01/10 Dividend 10,259.421 Shs. 341.23
12/09/10 Short Term Capital Gain Distribution 3,796.40
01/04/11 Dividend 10,771.671 Shs. 375.81
02/01/11 Dividend 10,771.671 Shs. 310.04
03/01/11 Dividend 10,771.671 Shs. 321.26
04/01/11 Dividend 10,771.671 Shs. 333.49
05/02/11 Dividend 10,771.671 Shs. 336.42
06/01/11 Dividend 10,771.671 Shs. 338.37
07/01/11 Dividend 10,771.671 Shs. 323.20
08/01/11 Dividend 10,771.671 Shs. 304.92
Vanguard Loner-Term Corporate Fd #28
12/01/09 Dividend 11,344.043 Shs. $ 488.69
01/04/10 Dividend 11,344.043 Shs. 523.73
02/01/10 Dividend 11,344.043 Shs. 505.49
03/01/10 Dividend 11,344.043 Shs. 460.77
04/01/10 Dividend 11,344.043 Shs. 510.02
05/03/10 Dividend 11,344.043 Shs. 491.59
06/01/10 Dividend 11,344.043 Shs. 508.06
07/01/10 Dividend 11,344.043 Shs. 488.39
08/02/10 Dividend 11,344.043 Shs. 502.11
09/01/10 Dividend 11,344.043 Shs. 501.93
10/Ol/10 Dividend 11,344.043 Shs. 482.05
11/01/10 Dividend 11,344.043 Shs. 500.45
12/01/10 Dividend 11,344.043 Shs. 484.73
01/04/11 Dividend 11,344.043 Shs. 503.15
02/01/11 Dividend 11,344.043 Shs. 503.74
03/02/11 Dividend 11,344.043 Shs. 457.15
04/01/11 Dividend 11,344.043 Shs. 507.48
FORWARD
7.1,314.86
$ 8,419.53 $
$ 50,355.26
61,670.12
- 27 -
1 I
RECEIPTS OF INCOME (cont'd)
FORWARD $ 8,419.53 $
Vanguard Long-Ten
(cont'd)
05/02/11 Dividend
06/01/11 Dividend
07/01/11 Dividend
08/01/11 Dividend
n Corporate Fd #28
11,344.043 Shs.
11,344.043 Shs.
11,344.043 Shs.
11,344.043 Shs.
Verizon Communications
02/01/10 Dividend 1,000 Shs.
05/03/10 Dividend 1,000 Shs.
08/02/10 Dividend 1,000 Shs.
11/O1/10 Dividend 1,000 Shs.
02/01/11 Dividend 1,000 Shs.
05/02/11 Dividend 1,000 Shs.
08/01/11 Dividend 1,000 Shs.
TOTAL RECEIPTS OF INCOME
490.27
506.20
489.21
505.92
61,670.12
10,411.13
$ 475.00
475.00
475.00
487.50
487.50
487.50
487.50 3,375.00
$ 75,456.25
- 28 -
~ r
DISBURSEMENTS OF INCOME
John McCrea, III - Co-Trustee Fee
11/12/10
Manufacturers and Traders Trust Company
Co-Trustee Fee
11/16/09
12/15/09
01/15/10
02/16/10
03/15/10
04/15/10
05/17/10
06/15/10
07/15/10
08/16/10
09/15/10
10/15/10
11/15/10
12/15/10
Ol/18/11
02/15/11
03/15/11
04/15/11
FORWARD
$ 1,750.00
S
320.07
322.77
324.41
312.59
322.76
327.90
321.45
316.36
317.12
320.69
327.60
333.50
332.04
335.21
339.21
346.01
345.68
347.85
$ 5,913.22 $ 1,'750.00
- 29 -
1 .T
DISBURSEMENTS OF INCOME (cont'd)
FORWARD $ 5,97.3.22 $ 1,75C'.00
Manufacturers and Traders Trust Company
Co-Trustee Fee (cont'd)
05/16/11
06/15/11
07/15/11
Pennsylvania Department of Revenue
State Fiduciary Income Tax
04/12/10 1st Quarter Estimated
06/16/11 2010 Refund
Transfer to Principal
12/21/09
03/22/10
06/21/10
09/20/1.0
12/20/10
03/21/11
06/20/11
John McCrea, III
05/31/11 Reimbursement for Filing Fees and
Postage
TOTAL DISBURSEMENTS OF INCOME
3`11.06
340.57
342.22
$ 161.00
-161.00
$ 8,31.5.45
8,923.04
7,741.55
8,091.73
11,111.61
9,089.94
8,476.09
6,941.07
00
61,749.41
93.46
$ 70,539.94
- 30 -
~' ~
INCOME BALANCE ON HAND
FIDUC;IARY
VALUE AT ACQUISITION
08/02/2011 VALUE
CASH (AUTOMATICALLY INVESTED)
$ 9,916.31 $ 4,916.31
TOTAL INCOME BALANCE ON HAND
$ 9,916.31 $ 4,916.31
THE ABOVE CASH IS CURRENTLY INVESTED IN
MTB Prime Money Market-Inst I Fund #142
Manufacturers and Traders Trust Company
i /~1
By
Jan F. Burke, Vice President
Co-Trustee under the Will of
Sarah McCrea Chapman Jones, Deceased
John McCrea, III
r I, ,,
Co-Tr t e under the Will of
Sara Mc rea Chapman Jones, Deceased
- 31 -
1 1
UNITRUST STATEMENT
Fair Market Value as of 01/01/2010
Common Stocks
200 Shs. Allstate Corporation
600 Shs. Altria Group Incorporated
1,500 Shs. Bank of America Corporation
500 Shs. Chevron Corporation
600 Shs. Citigroup Incorporated
500 Shs. Cclgate Palmolive Company
1,500 Shs. Du Pont E I De Nemours &
Company
1,000 Shs. Exxon Mobil Corporation
1,000 Shs. FI?L Group Incorporated
1,500 Shs. General Electric Company
300 Shs. International Business Machines
Corporation
500 Shs. Kimk~erly Clark Corporation
915 Shs. Kraft Foods Incorporated CL A
500 Shs. Merck & Company Incorporated
500 Shs. Pepsico Incorporated
600 Shs. Philip Morris International
Incorporated
1,000 Shs. Verizon Communications
FORWARD
MARKET
VALUE
6,008.00
11,778.00
22,590.00
38,495.00
1, 9x36.00
41,075.00
50, 50-`i. 00
68,~~90.00
52,820.00
22,695.00
39,270.00
31,855.00
11,279.0
18,270.00
30,400.00
28,914.00
33,130.00
$ 509,260.70
- 32 -
1
1
UNITRUST STATEMENT (cont'd)
FORWARD
Mutual Funds
1,595.822 Shs. Bridgeway Ultra Small Co.
Mkt Fd
1,110.851 Sh:>. CRM Mid Cap Value
Fd-Inst1 #32
1,169.344 Shs. Harbor International Fund
#11
10,646.556 Shs. MTB Intermediate Term
Bond-Inst I Fund #220
11,163.998 Shs. MTB US Government Bond
Inst I Fund #822
10,155.848 Shs. Pimco Total Return Fund
I #35
11,344.043 Shs. Vanguard Long-Term
Corporate Fd #28
Cash
Principal Cash
Income Cash
Fair Market Value
Payout Rate
2010 Unitrust Payout
Number of Payments per Year
Installment Amount
- 33 -
$ 509,260.70
19,070.07
26,949.25
64,1.61.91
111,362.98
107,39;.66
11.0,801..75
101,188.86
$ 1, 050, 1.93.8
36,1.85.87
839.20
$ 1,08'7,218.25
5.0000°
$ 54,360.91
4
$ 13,590.23
r
UNITRUST STATEMENT
Fair Market Value as of 01/01/2011
Common Stocks
200 Shs. Allstate Corporation
600 Shs. Altria Group Incorporated
1,500 Shs. Bank of America Corporation
500 Shs. Chevron Corporation
600 Shs. Citigroup Incorporated
500 Shs. Colcate Palmolive Company
1,500 Shs. Du Pont E I De Nemours &
Company
1,000 Shs. Exxon Mobil Corporation
1,500 Shs. General Electric Company
300 Shs. International Business Machines
Corporation
500 Shs. Kimberly Clark Corporation
415 Shs. Kraft Foods Incorporated CL A
500 Shs. Merck & Company Incorporated
1,000 Shs. Nextera Energy Incorporated
500 Shs. Pepsico Incorporated
600 Shs. Philip Morris International
Incorporated
1,000 Shs. Verizon Communications
FORWARD
MARKE'P
VALUE
6,376.00
14,772.00
20,010.00
45,625.00
2,838.00
90,1.85.00
74,87.0.00
73,120.00
27,435.00
44,028.00
31,520.00
13,076.65
18,0?_0.00
51,990.00
32,665.00
35,118.00
35,780.00
$ 567,378.65
- 34 -
,)'
UNITRUST STATEMENT (cont'd)
FORWARD
Mutual Funds
1,595.822 Shs. Bridgeway Ultra Small Co.
Mkt Fd
1,1.10.851 Shs. CRM Mid Cap Value
Fd-Instl #32
1,1.69.344 Shy;. Harbor International Fund
#11
10,750.42 Shs. MTB Intermediate Term
Bond-Inst I E'und #220
11,163.998 Shs. MTB US Government Bond
Inst I Fund #822
10,771.671. Shs. Pimco Total Return Fund
I #35
11,344.093 Shs. Vanguard Long-Term
Corporate Fd #28
Cash
Principal Cash
Income Cash
Fair Market Value
Payout Rate
2011 Unitrust Payout
Number of Payments per Year
Installment Amount
$ 567,378.65
23,57C.29
31,848.10
70,803.78
113,846.95
108,402.42
116,872.63
105,953.36
$ 1,138,676.18
8,181.25
1,079.28
$ 1,147,936.71
5.0000;
$ 57,396.84
4
$ 14,349.21
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~ I
VERIFICATION
Manufacturers and Traders Trust Company and John McCrea, III,
Co-Trustees under Agreement with SARAH MCCREA CHAPMAN JONES, deceased,
hereby declares under oath that they have fully and faithfully discharged
the duties of their offices; that the foregoing Account is true and
correct and fully discloses all significant transactions occurring du_°ing
the accounting period; that all known. claims against. the Trust have been
paid in fu11_; that, to their knowledge, there are no claims now
outstanding against the Trust; and that all taxes presently due from she
Trust have been paid.
This statement is made subject to the penalties of 18 PA. C.S.A.
Section 4904 relating to unsworn falsification to authorities.
Manu acturers and Traders Trust C~~mpany
Dated: _~~,_~l ~ I;~j. .~ ~ Y~
- 36 -
VERIFICATION (cont'd)
Manufacturers and Traders Trust Company and John McCrea, lII,
Co-Trustees under Agreement with SARAH MCCREA CHAPMAN JONES, deceased,
hereby declares under oath that they have fully and faithfully discharged
the duties of their offices; that the foregoing Account is true and
correct and fully discloses all significant transactions occurring during
the accounting period; that all known claims against the Trust have been
paid in full; that, to their knowledge, there are no clams now
outstanding against the Trust; and that all taxes presently due from the
Trust have been paid.
This statement is made subject to the penalties of 1B PA. C.S.A.
Section 4904 relating to unsworn falsification to authorities.
John M ea, III
Dated: ~ ~°~~~~
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