Loading...
HomeMy WebLinkAbout10-25-12DECEDENT'S ESTATE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION ESTATE OF FRANK E. HOLLAR, JR. No. 21-87-0896 DECEASED PETITION FOR ADJUDICATION / STATEMENT OF PROPOSED DISTRIBUTION PURSUANT TO Pa. O.C. Rule 6.9 C~ ~O T fTl-i-r 1 ~°->-__ ~y ~ ~I ~ LL'~~ . V r-, ,-, v `~~ -~._1 a ~~ rv ~.. J r~ --~ N Ctl ~7 G 3 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. INCLUDE ATTACHMENTS AT THE BACK OF THIS FORM. Name of Counsel: Charles E. Shields, III Supreme Court I.D. No.: 38513 Name of Law Firm: N/A Address: 6 Clouser Road, Mechanicsburg, PA 17055 Telephone: (717) 795-0209 Fax: (717)795-7473 -~ ~ 'z rn c`~ S, r 1 <~f_ ~ ---~ c~ r,-, r~-3 ~a: w> ~,--, ,,_ _~a -,.' .«P~ `f l - ~ } rn ~:.n c~:i ..1.~ Form OC-01 rev. lOJ3.06 Page 1 of 10 Estate of FRANK E. HOLLAR, JR. ,Deceased 1. Name(s) and address(es) of Petitioner(s): Name: W• Mickey Nye Frank C. Nye J. Harold Xauffman Address: 750 East King Street 2681 Ritner Hwy 720 Brenton Street Shippensburg, PA 17257 Cazlisle, PA 17015 Shippensburg, PA 17257 Identify any executors or administrators who have not joined in the Petition for Adjudication and Statement of Proposed Distribution and state reason: None 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 December 14, 1987 m Letters Testamentary or ~ Letters of Administration were granted to Petitioner(s) on December 21. 1987 Date of Will (if applicable): September 1, 1984 Date(s) of Codicil(s) (if applicable): N/A Date of probate (if different from date Letters granted): dame Was a bond required? Oyes ~ 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: The first complete advertisement was made long ago on January 8, 1988. Farm OC-01 rev. 10.13.06 Page 2 of 10 Estate of FRANK E. HOLLAR, JR. ,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? ............. ^Yes ^ 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 (if none, so state): N/A 6. Did decedent marry after execution of Will or Codicil(s)? ........... ^Yes ^ No Were any children born to decedent after execution of Will or Codicil(s)? ........................................... ^Yes ®No 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? .............................. ^Yes ^ No Form oc-Ol rev. IO.I3.06 Page 3 of 10 Estate of FRANK E. HOLLAR, JR. 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: A. State each party's relationship to the decedent and the nature of each party's interest(s): Charles Richard Nye, Jr. Grandchild 1 / 10th 703 Charles Street Shippensburg, PA 17257 Christy A. Hoover Grandchild 1/10th 681 W. Louther Street Carlisle, PA 17013 Form OC-01 rev. 10.13.06 Page 4 of 10 Estate of FRANK E. HOLLAR, JR. ,Deceased Name and Address o Each Par in Interest Retatronshi and Frank C. Nye Grandchild 2681 Ritner Highway Carlisle, PA 17015 Interest 1/10th Timothy M. Nye Grandchild 1/10th 220 Timothy Lane Shippensburg, PA 17257 ** Please see additional sheets. 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. N/A 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 Form oc-ol rev. 10.13.(M Page 5 of 10 Estate of FRANK E. HOLLAR, JR. ,Deceased Name and Address of Each Party in Interest ~ Relationship and Comments, if any ' Interest Christopher A.. Nye Grandchild 1 / 10th 21566 East Wanderlust Place Parker, CO 80138 Timothy E. Nye Grandchild 1 / 10th 708 Maryland Avenue Pittsburgh, PA 15232-2504 ** Please see additional sheets. 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.. N/A 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 Form OC-01 rev. 10.13.1X Page 5 of 10 Estate of FRANK E. HOLLAR, JR. Name and Address of Each Party in Interest Christopher A.. Nye 21566 East Wanderlunst Place Parker, CO 801.38 telationship and Comments Grandchild Deceased Interest 1/10th Timothy E. Nye Grandchild 1/10th 708 Maryland Avenue Pittsburgh, PA 15232-2504 ** Please see additional sheets. 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 Guazdian 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. N/A C. State why a Petition for Guazdian/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 Form OC-O1 rev. 10.13.01 Page 5 of 10 Estate of FRANK E. HOLLAR, JR. . Deceased Name and Address of Each Pi Cathy Jo Heisey 501 Taylor Drive Chillicothe, IL 61523 in Interest Grandchild I 1/10th Peter T. Nye Grandchild 1/10th 230 Timothy Lane Shippensburg, PA 17257 ** Please see additional sheet. 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. N/A 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 Fnrm OC-O1 rev. 10.13.06 Page 5 of lU Estate of FRANK E. HOLLAR, JR. ,Deceased Name and Address o Each Par in Interest Relationshi and Comments, i an /nterest W. Mickey Nye Grandchild 1/10th a/k/a Wade Mickey Nye 730 East King Street Shippensburg, PA 17257 Harriett Sue Scharfenberg Grandchild 1/10th a/k/a Sue Nye Scharfenberg 116 Cumberland Avenue Shippensburg, PA 17257 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 Guazdian and how each Guazdian was appointed. If no Guardian has been appointed, identify the next of kin of such party, giving the name, address and relationship of each. N/A C. State why a Petition for Guazdian/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 Form OC-01 rev. 10./3.06 Page 5 of 10 Estate of FRANK E. HOLLAR, JR. 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. Name and Address of Each Claimant Amount of Claim Claim Will Claim Admitted? Be Paid /n Full? All Claimants have been paid in full in ^Yes ®Yes the normal course of the continuing ®No ~ No Estate Administration. Yes ~ Yes ~No ~ No DYes ~ Yes No Q No Yes ~ 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. 1.1. Was family exemption claimed? ................................ ®Yes ~No Was family exemption allowed? ................................ Yes ~No Family exemption claimant's name and relationship: Name: Relationship: Form OC-01 rev. 10.13.1K Page 6 of 10 Estate of FRANK E. HOLLAR, JR. 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 Payment Interest Not applicable. Was long ago paid and accepted as paid in full. 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? ................... ~ Yes m 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. Farm oc-o~ rev,10.13.06 Page 7 of 10 Estate of FRANK E. HOLLAR, JR. Deceased 16. Had the decedent been adjudicated an incapacitated person? .......... ~ 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. N/A 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. Amuunt: Purpose: N/A. This is an ongoing Estate Administration. 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? .......................... DYes ~No As to real estate only? ........................................ Yes ~ No Form OC-01 rev. 10.13.06 Page 8 of 10 Estate of FRANK E. HOLLAR, JR. Deceased Wherefore, your Petitioners} ask(s) that distribution be awarded to the parties entitled and suggests} that the distributive shares of income and principal (residuary shares being stated in proportions, not amounts) are as follows: A. Income: Proposed Dluribw+et(a) Distributions are ongoing and have already been made as detailed in the Account. B. Principal: Proposed Dlurlbwetf.r! Amwo~NProporr(oh AmoahNProportion Submitted By: (All petitioners must sign. Add additrona! lines ijltecessary): C ~ vim' Na~of Petitioner: W. Mickey e `i ~-'' .-, Name of Petitioner: Frank C. ye /..Name of Petitioner: J. Harold auflman v Form OC•!11 rev. !0.!3.06 Page 9 of l0 Estate of FRANK E. HOLLAR, JR. ,Deceased Verification of Petitioner (Verification must be by at least one petitioner.) The undersigned hereby verifies * [that n~,~~ is drls of the above-named ~~+~ n~mr~x-rorran 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). Signature of Petitioner • Corporate petinto»srs must complete bracketed iry jormotio». 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 Counse for Petitioner Fwmoc•Ol r.v. io.~dA6 Page l0 of 10 Estate of FRANK E. HOLLAR, JR. ,Deceased Verification of Petitioner (Verification must be by at least one petitioner.) The undersigned hereby verifies * [that rKrd,~ is ,rr~ of the above-named „~ nJrorporatrnn andJ 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). / ` c Signature of Petitioner • Corporate petftioaers mrut 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 fpm oc•a ,~. ro.r.~.os Page 10 of 10 Estate of FRANK E. HOLLAR, JR. Verification of Petitioner (Verification must be by at least one petitioner.) Deceased The undersigned hereby verifies * [that n~~s~ is -;~r~ of the above-named ~ o~corpoa~;,,,, and] that the facts set forth in the foregoing Petition for Adjudication /Statement of Proposed Distribution which aze 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). ~~ ~ gna a of Petitioner • Corponrle ptNNoners must complsra 6racketsd fnjormatlon. 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 fom- have been made beyond the responses herein. G` Signature of Counsel for Petitioner F~ a•o; .~~. ro.l~.oe Page 10 of 10 e IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION FILE NO. 21-87-896 EIGHTH AND PARTIAL ACCCOUNT OF W. Mickey Nye, Frank C. Nye and J. Harold Kauffman, Co-Executors For ESTATE OF FRANK E. HOLLAR, JR., DECEASED Social Security #: 171-28-7082 Tax ID# 23-6899523 Date of Death: December 14, 1987 Date of Executor's Appointment: December 21, 1987 Date of First Complete Advertisement: January 8, 1988 Accounting for the Period: June 1, 2008 to May 31, 2010 Purpose of Account: The Co-Executors offer this account to acquaint interested parties with the transactions that have occurred during this administration. It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with: Charles E. Shields, III 6 Clouser Road Mechanicsburg, PA 17055 717-766-0209 Supreme Court I.D. No. 38513 ~a _~ ~... p ~ -.~-, , © L.~ :a 3 ~.~- --1 .. f• - T7 Estate of Frank E. Hollar, Jr. Summary of Account Period June 1, 2008 through May 3 i, 2010 PRINCIPAL Receipts Net Loss on Sales or Disposition (Sinkhole repairs to previously sold lots) Less Disbursements: Fees and Commissions Real Estate Capital Expenditures Balance before Distributions Distributions to Beneficiaries (None) Principal Balance on Hand For Information: Changes in Holdings INCOME Receipts Less Disbursements Balance before Distributions Distributions to Beneficiaries Income Balance on Hand PA ES 3-5 $ 533,914.52 6 (13,381.43) $ 520,533.09 7 1,908.6b 7-9 142,195.10 (144,103.76) $ 376,429.33 $ - 10 $ 376,429.33 10 11 13,610.43 12 (13,610.43) 0 COMBINED BALANCE ON HAND Verification 376,429.33 13 -2- Estate of Frank E. Hollar, Jr. Receipts of Principal Period June 1, 2008 through May 31, 2010 Assets Listed in Inventory (Values as Per Previous Accounting) Real Estate Lot 5, 15.948 Acres along Route 11 Southampton Township, Cumberland Co., PA 100,886.86 Lot 4 Residue, 12.09 Acres Shippensburg Twp., Cumberland Co., PA 43,718.23 67 Walnut Bottom Road (Mrs. Nye Residence) 4.89 Acres with residential building Shippensburg Twp., Cumberland Co., PA 93,197.50 Cash Estate Checking Account 153,91b.83 391,719.42 PERIOD ADJUSTMENTS/CAPITALIZATION TO INVENTORY Real Estate -Capital Expenditures which simultaneously increase carrying value and decrease principal cash 06/01/08 Carl E. Bert & Assoc. Engineering Fees 2 145.00 06/10/08 Carl E. Bert & Assoc. Application for HOP 2,500.00 07/28/08 Vivian Coy Real Estate Taxes 4,614.62 07/28/08 Vivian Coy Real Estate Taxes 6,129.76 08/19/08 Carl E. Bert & Assoc. Engineering for HOF 2,000 ~ 09/23/08 Carl E. Bert & Assoc. Engineering for HOP 3,000.00 10/22/08 Carl E. Bert & Assoc. Engineering for HOP 4 115.22 11/18/08 Carl E. Bert & Assoc. Engineering for HOP 2,000.00 -3- Estate of Frank E. Hollar, Jr. Receipts of Principal Period June 1, 2008 through May 31 , 2010 11/24/08 Shippensburg Township Engineering and review by Martin and Martin 1,269.32 01/12/09 Carl E. Bert & Assoc. Engineering for HOP 2,869.OS 01/23/09 Orrstown Bank Interest on Bond -Shippensburg Twp 419.96 01!23/09 Orrstown Bank Interest on Line of Credit -Penn Dot 199.50 01/29/09 Reimbursement Received Hogan Shrine Lot Engineering Expense (1,490.14) 02/10/09 Southampton Twp Engineering and Legal Review S 10.00 04/21/09 Vivian Coy Real Estate Taxes 909.87 04/21/09 Vivian Coy Real Estate Taxes 1,208.62 OS/OS/09 Dennis E. Black, Engr Engineering 41.50 OS/08/09 Orrstown Bank Interest on Bond -Southampton Twp 198.00 07/14/09 Shippensburg Township Engineering and review by Martin & Martin 302.00 08/14/09 Carl E. Bert & Assoc. Engineering for HOP 5000,00 08/14/09 Vivian Coy Real Estate Taxes 6,190.68 08/14/09 Vivian Coy Real Estate Taxes 4,660.49 09/23/09 Snoke's Excavating Progress Drive 3,480.00 11/20/09 John Chastain Seeding at Progress and Ritner 140.19 11/2S/09 Pennsylvania Department of Transportation Inspection permits 1 357.12 11/25/09 Fennsylvania Department of Transportation Inspection permits 439.39 11/28/09 Pague & Fegan Seeding at Progress and Ritner 80.33 -4- Estate of Frank E. Hollar, Jr. Receipts of Principal Period June 1, 2008 through May 3I, 2010 11/28/09 Snoke's Excavating Paving and work on Progress 78,664.67 12/03/09 Orrstown Bank Maintenance Bond 927,72 12/03/09 Shippensburg Township Consultant Fee -Martin & Martin 40.00 12/09/09 John Chastian Fertilizer for Progress and Ritner 33.90 01/07/10 Carl E. Bert & Assoc. Occupancy Permit -Ritner Highway 2,868.01 02/05/10 Pennsylvania Department of Transportation Permit inspection fees 2,761.77 03/09/10 Orrstown Bank Loan Fees 279.97 03/23/14 Orrstown Bank Interest 28 83 03/26/10 Orrstown Bank Interest 94.23 04/02/10 Vivian Coy Real Estate Taxes 909,87 04/02/10 Vivian Coy Real Estate Taxes 1,208.62 04/29/10 Orrstown Bank Interest 42.80 05/29/10 Orrstown Bank Interest 44.23 Above amounts capitalized to the following parcels as follows: Lot 5, 15.948 Acres along Route I 1 Southampton Township, Cumberland Co., PA 80,009.88 Lot 4 Residue, 12.09 Acres Shippensburg Twp., Cumberland Co., PA TOTAL PRINCIPAL RECEIPTS 142,195.10 62,185.22 142,195.10 $ 533,914.52 -5- Estate of Frank E. Hollar, Jr. Principal Gains or Losses on Sales or Other Dispositions Period June 1, 2008 through May 31, 2010 REAL ESTATE Net Loss on Sales or Disposition (Sinkhole repairs to previously sold lots) 06/19/08 Snoke's Excavating, sinkhole repair 4,253.09 07/24/08 Snoke's Excavating, sinkhole repair 2,196.21 07/24/08 Reimbursement received from gas company (2,196.21) (for right of way) 11/03/08 Snoke's Excavating, sinkhole repair 2,923.00 12/23/09 Snoke's Excavating, sinkhole repair 6,205.34 TOTALS NET LOSS TRANSFERRED TO SUMMARY GAIN LOSS (13,381.43) $ (13,381.43} $ (13,381.43) -6- Estate of Frank E. Hollar, Jr. Disbursements of Principal Period June 1, 2008 through May 31, 2010 FEES AND COMMISSIONS 07/24/08 Charles Shields Attorney 3,047.05 08/05!08 Orrstown Bank, fee 60.85 09/18/08 Beard Miller Co. LLP: Acctg. Svc. 3,350.00 11/25/08 Register of Wills 130.00 02/03!09 Recorder of Deeds 29,00 11/16/09 Beard Miller Co. LLP: Acctg. Svc. 1,750.00 12/23/09 Shelbaker & Brenneman Attorney 1,969.50 01/23/10 Orrstown Bank, fee 10.00 02/08/10 Shelbaker & Brenneman Attorney 151.50 10,497.90 Less: Amount of above fees allocable to income to the extent of receipts of income (8,589.24) REAL ESTATE Capital Expenditures which simultaneously increase carrying value and decrease principal cash 06/01/08 Carl E. Bert & Assoc. ~~ Engineering Fees 2,145.00 06/10/08 Carl E. Bert & Assoc. Application for HOP 2,500.00 07/28/08 Vivian Coy Real Estate Taxes 4,614.62 07/28/08 Vivian Coy Real Estate Taxes 6,129.76 08/19/08 Carl E. Bert & Assoc. Engineering for HOP 2,000,00 09/23/08 Carl E. Bert & Assoc. Engineering for HOP 3000,00 10/22/08 Carl E. Bert & Assoc. Engineering for HOP 4,115.22 11/18/08 Carl E. Bert & Assoc. Engineering for HOP 2,0(?0.00 11/24!08 Shippensburg Township Engineering and review by Martin and Martin 1,269.32 01/12/09 Carl E. Bert & Assoc. Engineering for HOP 2,869.05 01/23/09 Orrstown Bank Interest on Bond -Shippensburg Twp 419.96 -7- 1,908.66 Estate of Frank E. Hollar, Jr. Disbursements of Principal Period June 1, 2008 through May 31, 2010 REAL ESTATE Capital Expenditures which simultaneously increase carrying value and decrease principal cash 01/23/09 Orrstown Bank Interest on Line of Credit -Penn Dot 199.50 01/29/09 Reimbursement Received Hogan Shrine Lot Engineering Expense (1,490.14) 02/10/09 Southampton Twp Engineering and Legal Review 510.00 04/21/09 Vivian Coy Real Estate Taxes 909.87 04/21/09 Vivian Coy Real Estate Taxes 1,208.62 05/05/09 Dennis E. Black, Engr Engineering 41.50 05/08/09 Orrstown Bank Interest on Bond -Southampton Twp 198.00 07/14/09 Shippensburg Township Engineering and review by Martin & Martin 302.00 08/14/09 Carl E. Bert & Assoc. Engineering for HOP 5,000.00 08/14/09 Vivian Coy Real Estate Taxes 6,190.68 08/14/09 Vivian Coy Real Estate Taxes 4,660.49 09/23/09 Snoke's Excavating Progress Drive 3,480.00 11/20/09 John Chastian Seeding at Progress and Ritner 140.19 11/25/09 Pennsylvania Department of Transportation Inspection permits 1,357.12 11/25/09 Pennsylvania Department of Transportation Inspection permits 439.39 11/28/09 Pague & Fegan Seeding at Progress and Ritner 80.33 11/28/09 Snoke's Excavating Paving and work on Progress 78 664.67 12/03/09 Orrstown Bank Maintenance Bond 927.72 -8- Estate of Frank E. Hollar, Jr. Disbursements of Principal Period June 1, 2008 through May 31, 2010 REAL ESTATE Capital Expenditures which simultaneously increase carrying value and decrease principal cash 12/03/09 Shippensburg Township Consultant Fee -Martin & Martin 40,00 12/09/09 John Chastain Fertilizer for Progress and Ritner 33.90 01/07/10 Carl E. Bert & Assoc. Occupancy Permit -Ritner Highway 2,868.01 02/05/10 Pennsylvania Department of Transportation Permit inspection fees 2,761.77 03/09/10 Orrstown Bank Loan Fees 279.97 03/23/10 Orrstown Bank Interest 28 83 03/26/10 Orrstown Bank Interest 94.23 04/02/10 Vivian Coy Real Estate Taxes 90y.87 04/02/10 Vivian Coy Real Estate Taxes 1,208.62 04/29/10 Orrstown Bank Interest 42.80 05/29/10 Orrstown Bank Interest 44.23 142,195.10 TOTAL DISBURSEMENTS OF PRINCIPAL $ 144,103.76 -9- Changes ar Principal Holdings Real Estate Lot 4 Residue, 12.09 Acres Shippensburg Twp., Cumberland Co., PA Previously inventoried at 43 718.23 Additions to carrying value for capitalized 62,185.22 principal disbursements 105,903.45 Lot 5, 15.948 Acres along Route 11 Southampton Township, Cumberland Co., PA Previously inventoried at 100,886.86 Additions to carrying value for capitalized principal disbursements 80,009.88 180,896.74 Estate of Frank E. Hollar, Jr. Principal Balance on Hand and Changes in Principal Holdings Period June 1, 2008 through May 31, 2010 FIDUCIARY VALUE AT ACQUISITION May 31, 2010 VALUE Principal Balance of Hand Real Estate Lot 4 Residue, 12.09 Acres Shippensburg Twp., Cumberland Co., PA 590,000.00 105,903.45 Lot 5, 15.948 Acres along Route 11 Southampton Township, Cumberland Co., PA 750,000.00 180,896.74 67 Walnut Bottom Road (Mrs. Nye Residence) Shippensburg Twp. 4.89 Acres with residential building 199,000.00 93,197.50 Shippensburg Twp., Cumberland Co., PA 1,539,000.00 379,997.69 Cash 6,431.64 6,43 i .64 Line of Credit, payable to Orrstown Bank (10,000.00) (10,000.00) 1,535,431.64 376,429.33 ACCOUNT VALUE -10- Estate of Frank E. Hollar, Jr. Receipts of Income Period June 1, 2008 through May 31, 2010 INTEREST INCOME Orrstown Bank: Various dates 2,330.43 2,330.43 TOTAL INTEREST INCOME 2,330.43 RENTAL INCOME Dorothy Nye -Rent Payment Various dates 8,400.00 8,400.00 Robert E. Keefer: Farm Rent 12/30/08 1,440.00 12!23/09 1,440.00 2,880.00 TOTAL RENTAL INCOME 11 280 0 TOTAL RECEIPTS OF INCOME .0 13,610.43 -I1- Estate of Frank E. Hollar, Jr. Disbursements of Income Period June 1, 2008 through May 31, 2010 RENTAL EXPENSES Insurance 02/23/09 Everett Cash Mutual 751.00 02/23/10 Everett Cash Mutual 747.00 1,498.00 Real Estate Taxes 07/28/08 Barry Negley: Real Estate Taxes 2 426.39 04/21/09 Barry Negley: Real Estate Taxes 654.63 08/14/09 Barry Negley: Real Estate Taxes 2,450.52 04/02/10 Barry Negley: Real Estate Taxes 654.65 6,186.19 FEDERAL STATE & LOCAL TAXES 07/05/08 PA Dept of Revenue, fiscal year May 31, 2007 refund (5,110.00) 09/09/08 US Treasury, fiscal year May 31, 2008 balance due 1,169.00 09/09/0$ PA Dept of Revenue, fiscal year May 31, 2008 balance due 180.00 09/09/08 US Treasury, fiscal year May 31, 2009 estimate 300,00 09/09/08 PA Dept of Revene, fiscal year May 31, 2005 refund (160.00) 11/10/08 US Treasury, fiscal year May 31, 2009 estimate 300,00 02/10/09 US Treasury, fiscal year May 31, 2009 estimate 300.00 06/10/09 US Treasury, fiscal year May 31, 2009 estimate 300.00 09/04/09 PA Dept of Revenue, fiscal year May 31, 2009 balance due 58.00 (2,663.00) FEES AND COMMISSIONS (See Disbursements of Principal for detailed Listing) Amount of fees allocable to income to the extent of receipts of income 8,589.24 TOTAL DISBURSEMENTS OF INCOME 13,610.43 -12- Estate of Frank E. Hollar, Jr. Verification Period June 1, 2008 through May 31, 2010 W. Mickey Nye, Frank C. Nye and J. Harold Kauffman, Co-Executors of the Estate of Frank E. Hollar, Jr., herby declare under oath the we have fully and faithfully discharged the duties of this office; that the foregoing Eighth and Partial Account is true and correct and fully discloses all significant transactions occuring during the accounting period; that all known claims against the Estate have been paid in full; that, to our 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 occurred more than four months before the filing of the foregoing Eighth and Partial Account. This statement is made subject to penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. C~ C ~ W.Mickey Nye Y ~~ Frank C. Nye ar d Kauffman ,. Dated: /o~b~y -13-