HomeMy WebLinkAbout10-25-12 (2)DECEDENT'S ESTATE
COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY
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ESTATE OF FRANK E. HOLLAR, JR. DECEASED ~: ~~~~ =
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No. 21-87-0896 r;;V ~~ `-`
PETITION FOR ADJUDICATION /
STATEMENT OF PROPOSED DISTRIBUTION
PURSUANT TO Pa. O.C. Rule 6.9
This form may be used in all cases involving the Audit of the Account of a Decedent's Estate. If
space is insufficient, riders may be attached. Anach 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
Form OC-0! rev. 10.13.01 Page 1 of 10
Estate of FRANK E. HOLLAR, JR.
1. Name(s) and address(es) of Petitioner(s):
Nome: W • Mickey Nye
address: 750 East King Street
Deceased
Frank C. Nye J. Harold Kauffman
2681 Ritner Hwy 720 Brenton Street
Shippensburg, PA 17257 Carlisle, 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
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): Same
Was a bond required? [,Yes ~ No If yes, state amount:
Are proofs of advertising of the grant of Letters attached? ......... ~ Yes ~ No
Dates of advertising of the grant of Letters: The first complete advertisement was
made long ago on January 8, 1988.
Form 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)? ........... Q 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-01 rev. 10.]3.06 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):
Each
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.
Name and Address of Each Pa
Frank C. Nye
2681 Ritner Highway
Carlisle, PA 17015
in Interest Relationshi and
Grandchild
_, Deceased
Interest
1/10th
Timothy M. Nye Grandchild 1/10th
220 Timothy Lane
Shippensburg, PA 17257
** Please see additional sheets.
li. ldentiiy 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-oI rev. 10.13.06 Page 5 of 10
Estate of FRANK E. HOLLAR, JR.
Name and Address o Each Par in Interest Relationshi and Comments, i an Intere
Christopher A.. Nye Grandchild 1/10th
21566 East Wanderlust Place
Parker, CO 80138
Deceased
Timothy E. Nye Grandchild 1/10th
708 Maryland Avenue
Pittsburgh, PA 15232-2504
** Please see additional sheets.
t3. Identity 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).
IV/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. 10.13.06 Page 5 of 10
Estate of FRANK E. HOLLAR, JR.
Name and Address of Each Parry in Interest ~ Relationship and
Cathy Jo Heisey Grandchild
501 Taylor Drive
Chillicothe, IL 61523
Peter T. Nye Grandchild
230 Timothy Lane
Shippensburg, PA 17257
** Please see additional sheet.
_, Deceased
Interest
1 / 10th
1/10th
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
Pprm oc-O1 rev. 10.13.06 Page 5 of 10
Estate of FRANK E. HOLLAR, JR.
Name and Address o Each Par in Interest Relationshi and
W. Mickey Nye Grandchild
a/k/a Wade Mickey Nye
730 East King Street
Shippensburg, PA 17257
_, Deceased
Interest
1 / 10th
Harriett Sue Scharfenberg Grandchild 1/10th
a/k/a Sue Nye Scharfenberg
116 Cumberland Avenue
Shippensburg, PA 17257
ts. lcientity 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.(X 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 In
Full?
All Claimants have been paid in full in Yes ®Yes
the normal course of the continuing ~No ~ No
Estate Administration.
DYes ~ Yes
~No ~ No
Yes ~ Yes
~No ~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 l . Was family exemption claimed? ................................ Yes ®No
Was family exemption allowed? ................................ Yes ~No
Family exemption claimant's name and relationship:
Name: Relationship:
Form OC-01 revJ0.13.06 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
Not applicable. Was long
ago paid and accepted as
paid in full.
Interest
Payment
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 ~ No
If yes, provide the name of the estate, indicate whether an account has been filed and
confirmed absolutely and all awards performed, or, in the alternative, how the
decedent's estate will be discharged for the decedent's fiduciary administration of the
estate.
14. A. Describe in detail any questions requiring adjudication and state the position of the
Petitioner(s) as to each question:
None.
B. Has notice of the question requiring adjudication been given
to the parties identified in Paragraph 9 above? .................. ~ Yes ~ No
15. If Petitioner(s) has/have knowledge that a share has been assigned, renounced, disclaimed
or attached, provide a copy of the assignment, renunciation, disclaimer or attachment,
together with any relevant supporting documentation.
Form OC-01 rev.10.13.06 Page 7 of 10
Estate of FRANK E. IIOLLAR, JR.
Deceased
16. Had the decedent been adjudicated an incapacitated person? .......... ~ Yes m 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.
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? ........................................ DYes ~ 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
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 Petitioner(s) 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:
ProposedArsnrbaree(aJ
Distributions arc ongoing and have already been
made as detailed in the Account.
B. Principal:
P-oposed n~urrearcers)
Maunr/Proponron
M~oan-/ProPar-iwt
Submitted By:
(All petitioners must .sign.
Add additiara! Imes if ~tecessary):
~ L--a/ ~
N of Petitioner: W. Mickey N
Name of Petitioner: Fra k .Nye
a of Petitioner: J. Haro Kauffman
Foy or-~!r rev. !0.!3.06 Page 9 of l0
Estate of FRANK E. HOLLAR, JR.
Verification of Petitioner
(Verification must be by at least one petitioner.)
Deceased
The undersigned hereby verifies * [that r~,,r>K is rrrr~
of the above-named „~~,~ o~r„rr,-rnaoA 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).
Cr-
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Signature of Petitioner
• Corporate petitioners mast complete bracketed Irt/orntation.
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
Fwm OC•O! rrv. )0.13A6 Page 10 of 10
Estate of FRANK E. HOLLAR, JR. ,Deceased
Vcrification of Petitioner
(Verification must be by at least one petitioner.)
The undersigned hereby verifies * [that 6rr.:rre is arts
of the above-named pv,~ oJcorporrrNon 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).
c
Signature of Petitioner
* Corporate petJNonera mrut courplete bracketed injornralioA.
Certification of Counsel
The undersigned counsel hereby certifies that the foregoing Petition far 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.
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Signature of Counsel for Petitioner
FwmOC-Or rev. !0.13.06 Page 10 of 10
Estate of FRANK E. HOLLAR, JR. ,Deceased
Verification of Petitioner
(Verification must be by at ieast one petitioner.)
The undersigned hereby verifies # (that ~~s-~ is ri~r~,
of the above-named ~p/~~.~.~r~~M 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).
r
% ~ i a re of Petitioner
• Carponate petllloners must complete bracketed t>vorniatlon.
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
F~,oc•o~ rer.10.1).Ob Page 10 of ]0
IN THE ORPHANS COURT OF COMMON PLEAS OF CUMBERLAND COUNTY,
PENNSYLVANIA
ORPHANS' COURT DIVISION
FILE N0.21-987-896
NINTH AND PARTIAL ACCOUNT OF
W. Mickey Nye, Frank C. Nye and J. Harold Kauffman, Co-Executors
For
ESTATE OF FRANK E. HOLLAR, JR., DECEASED
Social Securirty #:
Tax ID#:
Date of Death:
Date of Executor's Appointment:
Date of First Complete Advertisement:
Accounting for the Period:
171-28-7082
23-6899523
December 14, 1987
December 21, 1987
January 8, 1988
June 1, 2010 to May 31, 2012
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
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Estate of Frank E. Hollar, Jr.
Summary of Account
Period June 1, 2010 through May 31, 2012
PRINCIPAL PAGES
Receipts 3-5 $ 410,375.52
Net Loss on Sales or Disposition
(Sinkhole repairs to previously sold lots) 6 (11,769.10)
$ 398,606.42
Less Disbursements:
Real Estate Capital Expenditures 7-9 (33,946.19)
Balance before Distributions $ 364,660.23
Distributions to Beneficiaries (None) $ _
Principal Balance on Hand 10 $ 364,660.23
For Information:
Changes in Holdings 10
INCOME
Receipts 11 11,283.10
Less Disbursements 12 (10,469.59)
Balance before Distributions 813.51
Distributions to Beneficiaries 0
Income Balance on Hand 813.51
COMBINED BALANCE ON HAND 365,473.74
Verification 13
-2-
Estate of Frank E. Hollar, Jr.
Receipts of Principal
Period June 1, 2010 through May 31, 2012
Assets Listed in Inventory
(Values as Per Previous Accounting)
Real Estate
Lot 4 Residue, 12.09 Acres
Shippensburg Twp., Cumberland Co., PA
Lot 5, 15.948 Acres along Route 11
Southampton Township, Cumberland Co., PA
67 Walnut Bottom Road (Mrs. Nye Residence)
4.89 Acres with residential building
Shippensburg Twp., Cumberland Co., PA
Cash
Estate Checking Account
Liabili
Line of Credit, payable to Orrstown Bank
105,903.45
180,896.74
93,197.50
6,431.64
(10,000.00)
376,429.33
PERIOD ADJUSTMENTS/CAPITALIZATION TO INVENTORY
Real Estate -Capital Expenditures which simultaneously increase
carrying value and decrease princi al cash
06/30/10 Orrstown Bank
Interest 42.80
08/02/10 Orrstown Bank
Interest 44.22
08/04/10 Orrstown Bank
Line of Credit fees 199.50
08/19/10 Vivian F. Coy
Real Estate Taxes 6,350.02
08/19/10 Vivian F. Coy
Real Estate Taxes 4,780.44
09/01/10 Orrstown Bank
Interest 66.45
-3-
Estate of Frank E. Hollar, Jr.
Receipts of Principal
Period June 1, 2010 through May 31 , 2012
09/27/10 Orrstown Bank
Interest 84.47
11/04/10 Orrstown Bank
Interest 87 28
11/27/10 Orrstown Bank
Interest 84.47
12/29/10 Orrstown Bank
Interest 87 28
O 1 /31 / 11 Orrstown Bank
Interest 87 28
02/16/11 Orrstown Bank
Letter of Credit fee 279.97
03/01/11 Orrstown Bank
Interest 78 84
03/31/11 Orrstown Bank
Interest 87 28
04/25/11 Vivian F. Coy
Real Estate Taxes 1,590.26
04/25/11 Vivian F. Coy
Real Estate Taxes 1,195.44
04/29/11 Orrstown Bank
Interest 84.47
05/26/11 Orrstown Bank
Interest 87 28
06/07/11 Orrstown Bank
Interest 195.58
07/07/11 Orrstown Bank
Transfer to satisfy mortgage 55.00
07/28/11 Orrstown Bank
Interest 173.39
08/01/11 Orrstown Bank
Partial refund for letter of credit (163.32)
08/21/11 Orrstown Bank
Interest 173.39
09/13/11 Orrstown Bank
Line of Credit fees ~ 100.00
09/26/11 Vivian F. Coy
Real Estate Taxes 7,784.08
-4-
Estate of Frank E. Hollar, Jr.
Receipts of Principal
Period June 1, 2010 through May 31, 2012
09/29/11 Vivian F. Coy
Real Estate Taxes 5,851.55
09/30/11 Orrstown Bank
Interest 185.86
11 /02/ 11 Orrstown Bank
Interest 216.45
11 /28/ 11 Orrstown Bank
Interest 209.46
12/28/11 Orrstown Bank
Interest 216.45
01/27/12 Orrstown Bank
Interest 216.45
02/28/12 Orrstown Bank
Interest 202.49
03/29/12 Orrstown Bank
Interest 216.44
04/23/12 Vivian F. Coy
Real Estate Taxes 1,590.26
04/23/12 Vivian F. Coy
Real Estate Taxes 1,195.44
04/24/12 Orrstown Bank
Interest 209.47 33,946.19
Above amounts capitalized to the following parcels as follows:
Lot 5, 15.948 Acres along Route 11
Southampton Township, Cumberland Co., PA 19,338.88
Lot 4 Residue, 12.09 Acres
Shippensburg Twp., Cumberland Co., PA 14,607.31
TOTAL PRINCIPAL RECEIPTS
33,946.19
$ 410,375.52
-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)
05/26/11 Snoke's Excavating, sinkhole repair
GAIN L SS
11,769.10
(11,769.10)
TOTALS $ (11,769.10)
NET LOSS TRANSFERRED TO SUMMARY $ (11,769.10)
-6-
Estate of Frank E. Hollar, Jr.
Disbursements of Principal
Period June 1, 2010 through May 31, 2012
REAL ESTATE Capital Expenditures which simultaneousl
increa
i
y
se carry
ng
value and decrease principal cash
06/30/10 Orrstown Bank
Interest 42.80
08/02/10 Orrstown Bank
Interest 44.22
08/04/10 Orrstown Bank
Line of Credit fees 199.50
08/19/10 Vivian F. Coy
Real Estate Taxes 6,350.02
08/19/10 Vivian F. Coy
Real Estate Taxes 4,780.44
09/01 / 10 Orrstown Bank
Interest 66.45
09/27/10 Orrstown Bank
Interest 84.47
11 /04/ 10 Orrstown Bank
Interest 87 28
11/27/10 Orrstown Bank
Interest 84.47
12/29/10 Orrstown Bank
Interest 87 28
O 1 /31 / 11 Orrstown Bank
Interest 87 28
02/16/11 Orrstown Bank
Letter of Credit fee 279.97
03/01/11 Orrstown Bank
Interest 78 $4
03/31/11 Orrstown Bank
Interest 87 28
04/25/11 Vivian F. Coy
Real Estate Taxes 1,590.26
04/25/11 Vivian F. Coy
Real Estate Taxes 1,195.44
-7-
Estate of Frank E. Hollar, Jr.
Disbursements of Principal
Period June 1, ZO10 through May 31, 2012
REAL ESTATE Capital Expenditures which simultaneously increase carrying
value and decrease principal cash
04/29/11 Orrstown Bank
Interest 84.47
05/26/11 Orrstown Bank
Interest 87.28
06/07/11 Orrstown Bank
Interest 195.58
07/07/ 11 Orrstown Bank
Transfer to satisfy mortgage 55.00
07/28/11 Orrstown Bank
Interest 173.39
08/01/11 Orrstown Bank
Partial refund for letter of credit (163.32)
08/21 / 11 Orrstown Bank
Interest 173.39
09/13/11 Orrstown Bank
Line of Credit fees 100.00
09/26/11 Vivian F. Coy
Real Estate Taxes 7,784.08
09/29/11 Vivian F. Coy
Real Estate Taxes 5,851.55
09/30/11 Orrstown Bank
Interest 185.86
11/02/11 Orrstown Bank
Interest 216.45
11/28/11 Orrstown Bank
Interest 209.46
12/28/11 Orrstown Bank
Interest 216..45
01/27/12 Orrstown Bank
Interest 216.45
02/28/12 Orrstown Bank
Interest 202.49
03/29/12 Orrstown Bank
Interest 216.44
-8-
Estate of Frank E. Hollar, Jr.
Disbursements of Principal
Period June 1, 2010 through May 31, 2012
REAL ESTATE Capital Expenditures which simultaneousl
increase car
i
y
ry
ng
value and decrease principal cash
04/23/12 Vivian F. Coy
Real Estate Taxes 1,590.26
04/23/12 Vivian F. Coy
Real Estate Taxes 1,195.44
04/24/12 Orrstown Bank
Interest 209.47
TOTAL DISBURSEMENTS OF PRINCIPAL
$ 33,946.19
-9-
Estate of Frank E. Hollar, Jr.
Principal Balance on Hand and Changes in Principal Holdings
Period June 1, 2010 through May 31, 2012
Principal Balance of Hand
Real Estate
Lot 4 Residue, 12.09 Acres
Shippensburg Twp., Cumberland Co., PA
Lot 5, 15.948 Acres along Route 11
Southampton Township, Cumberland Co., PA
VALUE AT
May 31, 2012
590,000.00
750,000.00
FIDUCIARY
ACQUISITION
VALUE
120,510.76
200,23 5.62
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
1,539,000.00 413,943.88
Cash
1,529.86 1,529.86
Line of Credit, payable to Orrstown Bank
Changes in Principal Holdings
Real Estate
Lot 4 Residue, 12.09 Acres
Shippensburg Twp., Cumberland Co., PA
Previously inventoried at
Additions to carrying value for capitalized
principal disbursements
Lot 5, 15.948 Acres along Route 11
Southampton Township, Cumberland Co., PA
Previously inventoried at
(50,000.00) (50,000.00)
1,490,529.86 365,473.74
ACCOUNT
VALUE
105,903.45
14,607.31
120,510.76
180,896.74
Additions to carrying value for capitalized
principal disbursements 19,338.88
200,23 5.62
-10-
Estate of Frank E. Hollar, Jr.
Receipts of Income
Period June 1, 2010 through May 31, 2012
INTEREST INCOME
Orrstown Bank:
Various dates 3.10
TOTAL INTEREST INCOME
RENTAL INCOME
Doroth~Nye -Rent Payment
3.10
3.10
Various dates 8,400.00 8,400.00
Hard Earned Acres: Farm Rent
11 /29/ 10 1,440.00
12/27/11 1,440.00 2,880.00
TOTAL RENTAL INCOME 1
TOTAL RECEIPTS OF INCOME
1,280.00
11,283.10
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Estate of Frank E. Hollar, Jr.
Disbursements of Income
Period June 1, 2010 through May 31, 2012
RENTAL EXPENSES
Insurance
02/16/11 Everett Cash Mutual
02/22/12 Everett Cash Mutual
Real Estate Taxes
08/19/10 Barry Negley: Real Estate Taxes
04/25/11 Barry Negley: Real Estate Taxes
09/26/11 Barry Negley: Real Estate Taxes
04/23/12 Barry Negley: Real Estate Taxes
742.00
737.00 1,479.00
2,513.58
737.31
2,713.39
737.31 6,701.59
FEDERAL, STATE & LOCAL TAXES
10/26/10 United States Treasury, fiscal year May 31, 2010 refund (1,200.00)
09/01/10 PA Dept of Revenue, fiscal year May 31, 2010 balance due 14.00 (1,186.00)
FEES AND COMMISSIONS
10/23/10 ParenteBeard, LLC; Acctg. Svc.
12/19/11 ParenteBeard, LLC; Acctg. Svc.
TOTAL DISBURSEMENTS OF INCOME
2,500.00
975.00 3,475.00
10,469.59
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Estate of Frank E. Hollar, Jr.
Verification
Period June 1, 2010 through May 31, 2012
W. Mickey Nye, Frank C. Nye and J. Harold Kauffinan, 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 Ninth 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.
~~ v -
W.Mickey Nye
C
Frank C. Ny
a old Kau fman
Dated: / o~G ~i~
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