HomeMy WebLinkAbout11-19-12 (10),~ -,
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p RECEIPT AND RELEASE
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1 FROM Shippensburg University Foundation, of 1871 Old Main Drive, Shippensburg,
Pennsylvania, 17257 (hereinafter referred to as "Shippensburg University
Foundation")
TO: Hershey Trust Company, by Lisa L. Piergallini, Senior Vice President,
Executor of the Last Will and Testament of Robert H. Long, Jr., deceased,
late of Hampden Township, Pennsylvania, and The Bryn Mawr Trust
Company, agent for Hershey Trust Company
WHEREAS, Robert H. Long, Jr. died March 7, 2011, testate, and his Last Will and Testament
was duly probated by the Register of Wills of Cumberland County, Pennsylvania, and Letters
Testamentary were granted by said Register of Wills to Hershey Trust Company on March 16,
2011, and;
WHEREAS, said testator, by his Last Will and Testament recorded in the office of the
Register of Wills of Cumberland County, Pennsylvania, estate number 21-11-0343, provided,
inter alias
BLACK
AND
DAMSON
ATTORNEYS AT LAW
82 W QUEEN S7REET
CHAMBERSRU RG, NA
17201
717.264.5194
"ITEM IV: I give and bequeath the sum of One Hundred
Fifty Thousand Dollars ($150,000.00) to the SHIPPENSBURG
UNIVERSITY FOUNDATION, Shippensburg, Pennsylvania. It is
my desire that the bequest made by this ITEM be invested and that
the income therefrom be used for scholarships in my name to
students of high academic ability and in need of financial
assistance, all as determined by the Shippensburg University
Foundation in its sole discretion. It is my intention that the bequest
made by this ITEM conform to the provisions for the allowance of
the charitable deduction for federal estate tax purposes. I therefore
direct that any provisions of this Will notwithstanding, the
provisions hereof and powers granted herein to my Executor shall
be construed in accordance with said intention and shall not be
interpreted or exercised so as to disqualify any portion o~ the
bequest made by this ITEM for the federal estate tax charitable
deduction. Any provisions hereof and powers granted herein to
my Executor which would cause any portion of the bequest made
by this ITEM not to qualify for the federal estate tax charitable
deduction shall be null and void and of no force or effect. In the
event that the bequest made by this ITEM would not qualify for the
federal estate tax charitable deduction because at the relevant time
or times the Shippensburg University Foundation is not an entity or
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apart of an entity bequests to which qualify for the federal estate
tax charitable deduction, then the bequest made by this ITEM shall
not be made and the amount thereof shall pass as a part of my
residuary estate anything to the contrary set forth in this ITEM
notwithstanding."
NOW, KNOW ALL MEN BY THESE PRESENTS, that Shippensburg University
Foundation, beneficiary under the Last Will and Testament of Robert H. Long, Jr., deceased,
does hereby acknowledge that it has had and received of and from the said Hershey Trust
Company, Executor of the Last Will and Testament of Robert H. Long, Jr., late of Hampden
Township, Cumberland County, Pennsylvania, deceased, and The Bryn Mawr Trust Company,
agent for Hershey Trust Company, the bequest described in Item IV of the Last Will and
Testament of Robert H. Long, Jr., deceased, and in consideration thereof, does by these presents
remise, release, quitclaim and forever discharge the said Hershey Trust Company, Executor as
aforesaid, and I ne Bryn Mawr -I rust Company, agent for Hershey frust Company, its successors
and assigns, from any further claims or demands in connection with the bequest described in
Item IV of the Last Will and Testament of Robert H. Long, ,Tr., deceased.
IN WITNESS WHE pe s r sity Foundatio~~,,,h~as caused th s insXrument
to be executed by its this i~~, day of / ~ ,
2012. ~ ~~
Attest: SHIPPENSBURG UNIVERS
FOUND ON
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COMMONWEALTH OF PENNSYLVANIA
COUNTY OF
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f , 2012, before me the undersigned officer,
' who acknowledged himself/herself to be the
Shippensburg University Foundation, for the purposes
the name of Shippensburg University Foundation, by
himself/herself as ~ 1 ~~
IN WI"fNESS WHEREOF, I hereunto set
Title::' _ __
My c+or mi ,ion ex 'res: J
I mai ain my office in
CAMMONWEAL7M OF PENNSYLVANIA
Notarial5eal
Jac4ueline L. prawbaugh, Notary Public
Shippensburg TWp., Cumberland County
rah Aug. 14, 2015
M~ TtON OF NOTARIES
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