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HomeMy WebLinkAbout01-0070 ..... LAST WILL AND TESTAMENT OF JOHN F. BUYER I, JOHN F. BUYER, widower, of West Pennsboro Township (mailing address: 8 Pine Circle, Newville, Pennsylvania 17241), Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this as and for my Last Will and Testament hereby revoking and making void any and all Wills by me at any time heretofore made. 1 . I direct my hereinafter named Executor to pay all of my just debts and funeral expenses as soon after my death as may be found convenient to do so. I direct that my hereinafter named Executor consult my sister, Helen M. Corbett, regarding appropriate arrangements for my funeral services and burial. 2. I give and bequeath the marble statue of a girl to Elizabethtown College, Elizabethtown, Pennsylvania 17022. 3. All of the rest, residue and remainder of my estate, real, personal and mixed, and wheresoever the same may be situate, I give, devise and bequeath to Financial Trust Services Company and its successors, One West High Street, Carlisle, Pennsylvania, in trust, to be added to the trust fund established by me pursuant to Indenture of Trust made June 17, 1985, as amended by instrument executed contemporaneously herewith, as set forth in said Indenture of Trust as amended, and held and disposed of by said Trustee in accordance with the terms and conditions and directions as set forth in said Indenture of Trust, except that any and all household goods and furnishings not otherwise disposed of by me in said Indenture 0 f trust or otherwise shall be distributed by my hereinafter named Executor among my brother and sisters and their children as each of such persons may desire and as my hereinafter Executor shall deem appropriate and fair, and any such items not so distributed shall be given to the Trustees of Green Ridge Village to be used or disposed of by them in such manner as they may deem appropriate. Should any dispute arise as to the fair and reasonable manner of distributing such articles among my brother and sisters and their children, my Executor shall use its own judgment as to fairness and reasonableness and this shall include the right to sell the same at a public or private auction sale at which any of the persons may bid and the successful bidder may have the amount bid charged to his share of my estate or shall be required to pay the same immediately to my Executor, as my Executor shall determine. 4. I hereby nominate, constitute and appoint Financial Trust Services Company and its successors, One West High Street, Carlisle, Pennsylvania, as Executor of this my Last Will and Testament, and further direct that it shall not be required to post any bond to secure the faithful performance of its duties in the Commonwealth of Pennsylvania or in any other jurisdiction. I request my Executor to consult with my friend, Mrs. Judy Weidman, of 154 Harrisburg Avenue, Mt. Joy, Pennsylvania 17552, telephone number 653-4534, in regard to the distribution of my household goods as she is familiar with some of the persons entitled to receive them and has some knowledge as to what is appropriate for distribution to them. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this my Last Will and Testament written on one (1) page, plus a witness page, this 15th day of December, 1995. /""7 I:::::' ;2 : . r ," ' . "..' '. _..., _...,. J4F:/B~~yer . · ''),d-<-T' < I ./ (SEAL) - . Signed, sealed, published, and declared by JOHN F. BUYER, the Testator above named, as and for his Last Will and Testament, in our presence, who, in his presence, at his request, and in the presence of each other, have hereunto subscribed our names as attesting witnesses. 217 1t:~C:;{l~~YI f!-, REV-1500fi'X(fl-GJ) COMMONWEALTH OF REV-1500 PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX RETURN DEPT. 280601 FILE NUMBER HARRISBURG, PA 17128-0601 RESIDENT DECEDENT 2 1 - 0 1 0 0 7 0 COUNTY CODE mR NUMBER DECEDENT'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIA.L SECURITY NUMBER ... John F Buver 113-30-3527 z: OA TE OF DEATH (MM-DD- YEAR) IDA TE OF BIRTH (MM-DD-YEAR) "' THIS RETURN MUST BE FILED IN DUPLICATE WITH THE fil 1/2/2001 2/10/1902 REGISTER OF WILLS lrl (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) SOCIAL SECURITY NUMBER C W [Kj, Original Relurn 02 Supplemenl$IReturn 03 RamalnderRetu<n(date"f<:\eathplioT\o12-n..1l2) ~ ";,,, 04 D4a. 05 ~"'~ limited Estate Future Interest Compromise (date of death after 12-12-82) Federal Estate Tax Return Required U..u WOO C8h 07 "''''~ 8. U..m Decedent Died Testate (Attach copy of Will) Decedent Maintained a living Trust (Attach copy of Trust) - Total Number of Safe Deposit Boxes .. < 09 010. Spo:A.llIa\?llvllrtyCred\\(dlllelltdealhbetweeI112-31-91 and 1-1-95) 011. Election to tax under Sec. 9113(A) (Attach Sch 0) Utigalion Proceeds Received ... THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: z: NAME COMPLETE MAILING ADDRESS W c Roberl M. Frev 5 South Hanover Street z: 0 fIRM NAME (If Applicable) Carlisle, PA 17013 0- f3 Frev & Tiley 0:: 0:: TELEPHONE NUMBER 0 (.) 717-243-5838 OFFICIAL USE ONLY ,. Real Estate (Schedule A) (1) NONE 2. Stocks and Bonds (Schedule B) (2) 1,215.990 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) NONE 4. Mortgages & Notes Receivable (Schedule D) (4) NONE 5. Cash, Bank. Deposits & Miscellaneous Personal Property (Schedule E) (5) NONE 6. Jointly Owned Property (Schedule F) (6) NONE z: o Separate Billing Requested 0 ;:: 7. lJ1ter-Vivos Transfer & Miscellaneous Non-Probate Property :5 ::> (Schedule G or L) (7) 237 ... n: 8. TOTAL GROSS ASS!:TS (total Lines 1-7) (8) 1,216,227. '"' (.) "' 77 ,992 0:: 9. Funeral Expenses & Administrative Costs (Schedule H) (9) 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) 10) 1,165 11. TOTAL DEDUCTIONS (total Lines 9 & 10) (11) 79,157 12. NET VALUE OF ESTATE (Line 8 minus Line 11) (12) 1,137,070 13. Charitable and Governmental Bequests/see 9113 Trusts for which an election to tax has not I:)een made (Schedule J) (13) 0 14. Net Value Subiect to Tax (Line 12 minus Line 13) (14) 1,137,070 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate ,or transfers under Sec.9116 (8)(1.2) x .0 - (15) 0 z: 0 ;:: 16. Amount of Une 14 ta:(able at lineal rate x .0 (16) 0 '"' - ... ::> 0- 17. Amount of Une 14 taxable at sibling rate 568,535 X .12 (17) 68,224 :ii 0 u X 18. Amount of Line 14 taxable at collateral rate 568,535 x .15 (18) 85,280 '"' ... ," Tax Due (19) 153,504 20.0 CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAY!>'IENT . > > BE SURE TO ANSWER ALL QUESTIONS ON REVERSE SIDE AND RECHECK MATH < < 217 John F Buyer 113-30-3527 Decedent's Complete Address: STREET ADDRESS 210 Bia Sorina Avenue CITY I:TATE IZIP Newville PA 17241 Tax Payments and Credits: ,. 2. Tax Due (Page 1 Line 19) CreditS/Payments A. Spousal Poverty Credit B. Prior Payments C. Discount (1) 145,000 7,632 Total Credits (A + B + C) (2) 3. Interest/Penalty if applicable D. Interest E. Penalty 4. Totallnterest/Penatty ( D + E ) If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (3) o 5. (4) (5) (SA) (5B) Make Check Payable to: REGISTER OF WILLS, AGENT If line 1 + line 3 is greater than line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. B. Enter the total of Line 5 + 5A. This is the BAlANCE DUe. 153,504 152,632 o 872 872 ,. PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 2. Did decedent make a transfer and: a. retain the use or income of the property transferred; b. retain the right to designate who shall use the property transferred or its income; c. retaIn a reversionary interest; or d. receive the promise for life of either payments, benefits or care? If death occurred after December 12, 1982,did decedent transfer property within one year of death without receiving adequate consideration? Did decedent own an "in trust for' or payable upon death bank account or security at his or her death? Did decedent own an Individual Retirement Account, annuity or other non~probate property which contains a beneficiary designation? Yes o o o o o o 3. 4. o IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. o No o o o o o o DATE tl6'Jm( Under penalties of perjul)', I declare that I have examined this return, inclutling accompanying schedules and statements, and to the best of my knowledge and belief, it is true, and comclete. Declaration of crecarer other than the cersonal recresentative is based on all information of which crecarer has anll knowledoe. SIGNATURE OF PERSON RESPONSIBLE FOR FILING RET RN f11 fl(M{ (k. ADDRESS -1It & It I rJ. M~ CjJ d/iU11t.&tu/tU1t1 RER OTHER THAN REPRESENTATIVE r- k ,.,... ( ADDRESS 5 South Hanover Street, Carlisle, pennsvlvania 17013 For dates of death on or after July 1, 1994 and before January 1. 1995. the tax rate imposed on the net value of transfers to Of for the use of the surviving spouse is 3% {72 P,S. Section 9116 (a)(1.1)(i)]. For dates of death on or after January 1. 1995, the tax rate imposed on the net vahJe of transfers to or for the use of the surviving spouse is 0% [72 P.S. Section 9116 (a)(1.1)(li)J. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclcsu~e of assets anti f~ing a tax return are s'!i11 applicable even if the surviving spouse is the only beneficiary. For dates 01 death on or after July 1, 2000: The tax rale imposed on the net value of transfers from a deceased child twenty-one years of age Of younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent 01 the child is 0%[72 P.S. Section 9116(a)(1.2)). () / The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5%, eJ(Cept as noteQ.ln 72. P.S. SectiOl'o 9116{1.21 in P.S. SectiOl'o 9116\a)(1)]. The tax rate imposed on the nel value of transfers to or for the use of the decedent's siblings is 12% [72 P.S. Section 9116(a)(1.3)].A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. AT, , REV-1501EX + (1-97) (1) SCHEDULE B STOCKS & BONDS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT OECEDENT FILE NUMBER ESTATE OF John F Buyer All property jointly..owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. DESCRIPTION 10 shares Met Life Inc. $50,000 State Public School Building Authority, Pa. District of York, Series A, 4.05 % daled 02/15/98, due 02/15/2002 360,629.83 units Federated Pa. Municipal Cash Trust Fund #8 20,833.333 units Governor Pennsylvania Municipal Bond Fund 200 shares General Motors Corp. 3,978 shares M & T Bank Corp. 150 shares A T & T Corp. 10 shares Avaya, Inc. 128 shares Lucent Technologies, Inc. 2,500 shares SBC Communications, Inc. 800 shares Verizon Communications 1,000 shares Vodafone Group FLC, New 3,000 shares Allied Irish Banks PLC 984 shares BP Amoco PLC VALUE AT DATE OF DEATH 340 49,934 360,630 210,000 10,438 257,934 2,738 99 1,704 125,938 40,200 34,500 73,688 47,847 TOTAL (Also enter on line 2, Recaoitulation $ (If more space is needed, insert additional sheels of the same size) 1,215,990 John l'. Suyer ~a~e ef Death 01/02/2001 ~R.~~ ~A~~~i~ 01/02/2001 V"ll~ 360,629.83 \mU. Federated fa. IfW>j,dpal cash. fill... f\lnd '8 $360,"',83 20,833.333 un~t. QoY8rnor Paaa.ylvaaia M\micipal Il<lw:l I'IlM 210,000.00 ~50,000 State Public 1<:11.001 IluUditl! ~uthedI:J' Pa. District ,,1' Y.,..k, Series A, 4.05\, dated. 02/15/98, due 02/15/2002 49.933.50 200 ahare. lleJleral Notora COrp. 10,437.60 3,918 ahares M 6 ~ Bank Ccrp. 257,933.92 150 sba..... A II: , :r COr:p. 2,737.50 10 BhIIre. A;,o81a, Inc. 99.38 128 abare. 1.""....1: 1'ecbDolog~..., 1M. 1,704.06 2,500 .ha~es sse ~eatiOD., Inc. 125,931.50 800 .here. Verben ComIIluJ1ieat~ol\a 40,200.00 1,000 shares VoQ~fQDa Group PLO, New 34r500.0Q 3,000 ahareR Allied IriSh ~ PLC 73.687.50 984 abare. I3P llmDco ~ 47.847.00 .110 obare. Met Life Inc. 340.00 TOTALS $1,215,987.39 AT REV-1510'EX + (1-97) III COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE G INTER.VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY ESTATE OF John F Buyer FILE NUMBER 21-01-0070 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPERTY % OF DECO'S ITEM INO-U(lE THE NAME OF THE TRANSFEFlEf.,Tl1EJRRElJ\TIOOSHIP TO OECEOENT.lNO THE DATE OF TRANSFER DATE OF DEATH INTEREST EXCLUSION TAXABLE VALUE NUMBER ATTACH A copy QfTHEOEED FOR REAl ESTATE VALUE OF ASSET IFAP ICABLE 1. Elizabethtown College Charitable Gift Annuity #234 36 36 Distribution due at death 0 0 2. Elizabethtown College Charitable Gift Annuity #253 24 24 Distribution due at death 0 0 3. Elizabethtown College Charitable Gift Annuity #260 24 24 Distribution due at death 0 0 4. Elizabethtown College Charttabie Gift Annuity #266 69 69 Distrtbution due at death 0 0 5. New York State Retirement System Distribution due at death 84 84 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL (Also enter on line 7 Recanitulation $ 237 (If more space is needed, insert additional sheets of the same size) AT REV-i511 EX-+{i~97)(\I' COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS ESTATE OF John F Buyer FILE NUMBER 21-01-0070 Debts of decedent must be renorted on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Hoffman Roth Funeral Home 32 2. 8. ADMINISTRATIVE COSTS: 1. Personal Representative's Commissions Name of Personal Representative (s) Manufacturers & Trader Trust Company Social Secur\1y Number(s) I E1N Number of Personal Representative{s) Street Address City State Zip Year(s) Commission Paid: 2001 3B,B24 2. Attorney Fees 3B,B24 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 3B 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. Register of Wills, Short Certificate 3 8. The Sentinel, Advertising 71 9. Cumberland Law Journal, Advertising 75 10. Register of Wills, File Account 125 TOTAL I Also enter on line 9 Recanitulation $ 77,992 (If more space is needed, insert additional sheets of the same size) AT , REV-~5'2 EX -j. (1-97) (1) SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES & LIENS COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF John F, Buyer FILE NUMBER 21-01-0070 Include unreimbursed medical eXDenses. ITEM NUMBER 1, 2, 3, 4, 5, DESCRIPTION Final bill owed to Continuing Care RX Final bill owed to Presbyterian Homes. Inc, Final bill owed to Graham Medical Clinic Final bill owed to Pinker and Associates Final bill owed to Green Ridge Village AMOUNT 497 644 6 8 10 TOTAL {Also enter on line 10 Recaoitulation\l$ (If more space Is needed, insert additional sheets of the same size) 1165 217 REV-1513 EX '" (9-00) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF SCHEDULE J BENEFICIARIES FILE NUMBER John F Buver 21-01-0070 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSONiS\ RECEIVING PROPERTY 00 Not List Trustee/51 OF ESTATE I. TAXABLE DISTRIBUTIONS [include outright spousal distributions, and transfers under Sec. 9116 (aJ (1.2)J 1. Becky Jachimowicz 324 Forest Avenue Middletown, Rhode Island 02842 Grand-Niece 25% of residue of estate 2. Lois Carlisle 146 Victorian Road Miilersviile, Pennsylvania 17551 Grand-Niece 25% of residue of estate 3. Judy Weidman 1540 Harrisburg Avenue Mt. Joy, Pennsylvania 17552 Friend 50% of residue of estate ENTER DQLLARAMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18 AS APPROPRIATE ON REV.1500 COVER SHEET II. NON-TAXABLE DISTRIBUTIONS: 21-01-0070 A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE 1. B. CHARITABL.E AND GOVERNMENTAL DISTRIBUTIONS 1. Elizabethtown College 600 East High Street Elizabethtown, Pennsylvania 17022 This statue was delivered to Elizabethtown College several years prior to his death when most of the personal and household goods were distributed. TOTAL OF PART II. ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0 (If more space is needed, insert additional sheets of the same size) I,' .. ~""'"'' ::~;.._'~''''":\f'\l';::':;;~''';;:'~~~:': ~~_ - 'p;<<~lI.': '','.'T:i:-j'':':'''''' ," ~{l.:'~;'T"~ ".,,;, ~' ",1'-' i~'. ,,'-. n.~., "'~-;~!,",:~.1.;:>,-,., '-' ',a:, '. i' LAST WILL AND TESTAMENT OF JOHN F. BUYER I. JOHN F. BUYER, widower, of West Pennsboro Township (mailing address: 8 Pine Circle, NewviHe, Pennsylvania 17241), Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this as and for my Last Will and Testament hereby revoking and making void any and all Wills by me at any time heretofore made. 1 . I direct my hereinafter named Executor to pay a1l of my just debts and funeral expenses as soon after my death as may be found convenient to do so, I direct that my hereinafter named Executor consult my sister, Helen M. Corbett, regarding appropriate arrnngements for my funeral services and burial. 2. I give and bequeath the marble statue of a girl to Elizabethtown College. Elizabethtown, Pennsylvania 17022. " , ,i 3. All of the rest, residue and remainder of my estate, real, personal and mixed, and wheresoever the same may be situate, I give, devise and bequeath to Financial Trust Services Company and its successors, One West High Street, Carlisle, Pennsylvania, in trust, to be added to the trust fund established by me pursuant to Indenture of Trust mnde June 17, 1985, as amended by instrument executed contemporaneously herewith, as set forth in said Indenture of Trust as amended, and held and disposed of by said Trustee in accordance with the terms nnd conditions and directions ns set forth in said IndentureofTrust, except that any and all household goods and furnishings not otherwise disposed of by me in said Indenture 0 f trust or otherwise shall be distributed by my hereinnfter named Executor among my brother and sisters and their children us each of such persons may desire and as my hereinafter Executor shall deem appropriate and fair, and any such items not so distributed shall be given to the Trustees of Green Ridge Village to be used or disposed of by them in such manner as they may deem appropriate. Should nny dispute arise as to the fair and reasonable manner of distributing such articles among my brother and sisters and their children, my Executor shall use its own judgment as to fairness and reasonableness and this shaH include the right to sell the same at a public or private nuction sale at which any of the persons may bid and the successful bidder may have the amount bid charged to his share of my estate or shall be required to pay the same immediately to my Executor, as my Execlltor shall determine, .' " i ~ 4, r hereby nominate, constitute and appoint Financial Trust Services Company and its successors, One West High Street, Carlisle, Pennsylvania, as Executor of this my Last Will and Testament, and further direc~ that it shaH not be required to post any bond to secure the faithful performance of its duties in the Commonwealth of Pennsylvania or in any other jurisdiction. I request my Executor to consult with my friend, Mrs, Judy Weidman, of 154 Harrisburg Avenue, Mt. Joy, Pennsylvania 17552, telephone number 653-4534, in regardlo the distribution of my household goods as she is farr.:liarwith some of the persons entitled to receive them and has some k.nowledge as to what is appropriate for distribution to them. IN WITNESS WHEREOF. I have hereunto set my hand and seal to this my Last Will and Testament written on one (1) page, plus a witness page, this 151h day of December, 1995. ,; , ~ " 11' r, ',. ~+. ~ c7.4'~/ ;; lL'u'r.." ./ J'o/' F. Buyer (SEAL) .' . ~,..--c~"._.. . ~ .~- , ..". .. " SECOND AMENDMENT TO INDENTURE OF TRUST BETWEEN JOHN F. BUYER AND FARMERS TRUST COMPANY DATED JUNE 17, 1985 AND FIRST AMENDMI,NT THERETO DATED DECEMBER IS, 1995 TilE INDENTURE OF TRUST dntedlune \7, 1985, entered into by lohn p, Buyer ns Settlor with Farmers Trust Company flS Trustee is hereby amended as follows: 1. Settlor and Trustee acknowledge that Financial Trust Services Company, One West High Street, Carlisle, Pennsylvania, is successor to Farmers Tmst Company as Trustee under si,id JndentUl'e of Tmst. . 2. AI1icJe II of said Indenture of Trust and of the First Amendment thereto dated December 15. 1995 which sets forth in detaillhe plan of distribution in Schedule "n" thereof, arc herehy revoked in their entirety nod s~~bslitllted therefor is the following: AUTICLE II DISTRIBUTION The Settlor directs the Trustee to disburse the income and principal of the trust est:.ue in the milnnerhereinnfterset forth in detail in the foIIowingSchedule "0" which, signed by Sealor, is as follows: FTRST: The Trustee is directed to disburse the net income of the Tl11st Estate quarterly or tit morc frequent intervals to or [or the use or bencfi.lof the Settlor, John F. Buyer, of 8 Pine Circle, Newville, Pennsyl\,ilnia 17241, so long as Seulorshalllive. Tn addition, Tru:'>tccis direcled I~ disburse so much of the principal of the Trust Estate rlS in its opinion is necessary or de~irahle to be expended for the proper maintenance and support 0 f Settlor, which expenditures or principnl shall he made to or for the use or benefit of Settlor. Trustee is directed to disburse income and principal from lime to time in whatever manner and to whomever SetHor may in writing direct, so long as Seltlor remains mentally competent ! Should the mental condition. of Settlo.r huve deteriorated so that Settlor is no longer i.,ble 10 give intelligent directions to the Trustee to ml1ke gifts to persons to whom Settlor has customarily given gifts, then to the extent that the Tnlstee deems the assets of lhe Trust Estate and of other resollrces of Settlor outside the Trust Estate to be in excess of the amounts reasonably anticipilled to he required for the proper slIpport and maintenullce of Settlor, in stich case Ihe Trustee is directed \0 make payments of the specific amounts hereinafter set forth in pnragrnph Second of Ihi!'i Schedule "0"'0 the persons named therein, in whole or in part, ns if Settlor had become deceased. and any and all such pi.\ymenls made shall be pro tnnto satisfaClion of Ihe amount to which such persons named in paragrnph Second would otherwise have been entitled to receive had snch persons survived Settlor and aU such payments made by Trustee sh:.\H be deemed proper :'lIld binding upon the Trust even if the person receiving sllch payment may, in fact, fail to survive Settlor. SECOND: Upon the death of the said Settlor, John F. Buyer, the Trust Estate as then constituted sl1i.\ll be retained by said Tmstee and in Ihe event the prob,lIe estate of Senior .shnllb~ insufficient to pay the just debls of Settlor, specific bequests contained in Selllor's Will, pillS the reasonable administration exrenses and funeral expenses of SeHlor and inheritance, lnmsfer and slIccession taxes which mny he payahle on accolint of Seltlor's death including interesl and penalties thereon, to the extent thac Settlor's probate estate is unable [0 pay the Siune, sucl\ expenses shall be paid from the Trust Estate nnd the balance of the Trust Estl.lle shall be dividt:d into two equal shnres and di!itrihuted ns follows: I) One(l) shnreshall be divided equally between Ihe Iwo (2) grnnddnughlers of Settlor's sister, Anna K. Urub.\ker, who are Mrs. Decky Jackimowicz, of 8 Williamsburg Court, Apt. II, Shrewsbury, Mnssnchusetts 01545, and Mrs, Lois Carlisle, of 146 Victorian Rond, Millersville, Pennsylvania 17551. 2) One (I) share shall be distributed to Settlor's friend, Mrs. Judy Weidman, of 15'10 Harrisburg Avenue, Mt. Joy, Pennsylvania 17552, but should she fail to survive Settlor, then the same shall be pai.d in equal shares to her three (3) children, their heirs und llssigns, but should any of her three children be deccnsed, the same shall pass to his or her issue, per stirpes. Page I of 2 Pnges f.e..~ r. /1r~./'''------- j",;. ." . ',.,' ..~'"..~:.",,-!,... ;:!ll, ~:L'~.6.lit~~rvgltit~"j*j"~""'\:aI'~~~.~"lrf':'h'__~' "-,,.- - LAST WILL AND TESTAMENT OF JOHN F. BUYER I. JOHN F. BUYER. widower. ofWesl Pennsboro Township (mailing address: 8 Pine Circle. Newville. Pennsylvania 17241). CumbedandCounty, Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this as and for my La" Will and Testament hereby revoking and making void any and all Wills by me at any time heretofore made. I . 1 direct my hereinafter named Executor to pay all of my just debts and funeral expenses as soon after my death as may be found convenient to do so. I direct that my hereinafter named Executor consult my sister, Helen M. Corbett, regarding appropriate arrangements for my funeral services and burial. 2. 1 give and bequeath the marble statue of a girl to Elizabethtown College, Elizabethtown, Pennsylvania 17022. 3. All of the rest, residue and remainder of my estate, real, personal and mixed. and wheresoever the same may be situate. I give, devise and bequeath to Financial Trust Services Company and its successors, One West High Street, Carlisle, Pennsylvania, in trust. to be added to the trust fund established by me pursuant to Indenture of Trust made June 17, 1985, as amended by instrument executed contempornneously herewith, as set forth in' said Indenture of Trust as amended, and held and disposed of by said Trustee in accordance with the terms and con(li!i:'lns and directions as set forlh in said fn(knture of Trust, except that any and all household goods i'od furnishings not otherwise disposed of by me in said Indenture 0 f trust or otherwise shall he distributed by my hereinafter named Executor among my hrOlher and sisters and their childrr'1lls each of such per$ons may desire anc as my hereinafter Executor shall deem appropriate and fnir, and any such items not so distributed shall be given to the Trusteeji of Green Ridge Village to be used or disposed of by them in slIch manner llS they may deem appropriate. Should any dispute arise as to the fair and reasonable manner of distributing such articles among my brother and sisters and their children, my Executor shall use its own judgment as to fairness and reasonableness and this shall include the right to sell the same at a public or private auction sale at which any of the persons may bid and the successFul bidder may have the amount hid charged to his share of my estate or shall be required to pay the same immediately to my Executor, as my ExecLltor shall determine. 4. I hereby nominate, constitute and appoint Financial Trust Services Company al1d its Sllccessors, -<:>ne West High Street. Carlisle, Pennsylvania, as Executor of this my Last Will and Teswmen[,~nd Further direct that it shall not be required to post any bond to secure the faithful performance of its duties in the Commonwealth of PennsylvrlOia or in any other jurisdiction. I request my Executor to consult with my friend, Mrs. Judy Weidman, of 154 Harrisburg Avenue, Mt. Joy, Pennsylvania 17552, telephone number 653-4534, in regard to the distribution of my household goods as she is familiar with some of the persons entitled to receive them and has some knowledge as to what is appropriate for distribution to them. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this my Last Will and Te,;tament written on one (I) page, plus a wilness page, this 15th day of December, 1995. u:..',__ r: /3 ley_.j) ./ JQj!Ii F. Buyer (SEAL) Signed, sealed, published, and declared by JOHN F. BUYER, the Testator above named, as and for his Last Will and Testament, in our presence, who, in his presence, at his request, and in the presence of each other, h'?\'c hereunto subscrihed our names as attesting witnesses. rc~-c1.M- ),... , .;, .~. .,1. :> , :~ ., I.y , \.' ,:1 ,J ..,' .:, ~ "::: " I:; "-. ,; .~ "~l:. :-'.,-': ~- ;--".'/ ~;"'- '-;"','-' SECOND AMENDMENT TO INDENTURE OF TRUST BETWEEN JOHN F. BUYER AND FARMERS TRUST COMPANY DATED JUNE 17, 1985 AND FIRST AMENDMENT THERETO DATED DECEMBER 15,1995 TIlE INDENTURE OF TRUST dated June 17, 1985, entered into by John F. Buyerns Settlor with Farmers Trust Company us Trustee is hereby amended ns foHows: 1, Settlor and Trustee acknowledge that Financial Trust Services Company, One West High Street, Carlisle, Pennsylvania, is successor to Farmers Tmst Company as Trustee under said Indenture of Tmst. . 2. Article II of said Indenture of Trust and of the First Amendment thereto dated December 15, 1995 which sets forth in detail the plan of distribution in Schedule uB" thereof, are hereby revoked in their entirety and substituted therefor is the following: ARTICLR II DISTRIBUTION The Settlor directs the Trustee to disburse the income and principal of the trust estace in the manner hereinafter set forth in detail in the following Schedule uB" which, signed by Sealor, is as follows: FIRST: The Trustee is directed to disburse the net income of the Trust Estate quarterly or ut more frequent intervals to or forehe use or benefit of the Settlor, John F. Buyer. of 8 Pine Circle. Newville, Pennsylvania 17241, so long as Settlor shall live. In addition. Trustee is dil"ected t'J disburse so much of the principal of the Trust Estate ::IS in its opinion is necess.ary or desirnble to be expended for the proper maintenance and support 0 f Settlor, which expenditures of principal shall be made to or for the use or benefit of Settlor. Trustee is directed to disburse income Ilnd principal from time to time in whatever mann~r and to whomever Settlor may in writing direct, so long as Settlor remains mentally competent. Should the mental condition of Settlor have deteriorated so that Settlor is no longer able to give intelligent directions to the Tmstee to make gifts to persons to whom Settlor has customarily given gifts. then to the extent that the Trustee deems the assets of the Trust Estate and of other resources of Settlor outside the Trust Estate to be in excess of the amounts reasonably anticipated to be required for the proper support and maintenance of Settlor. in such case the Trustee is 4tI:~_r;t~~ to _IJ.laK~ Q.<I;~~n~!5!.f_t~~ ~pecifJc ~ounts het:C~n~I-" set forth in paragr!:lph_ S~cQ.n.~ o( ~his S&hequle UBt.!o tQ.c persons named therein.,i.n whole.()r in p~!. as if Settlorhnd become deceased, and any !!!!d alLgll;h payments made shall be pro tanto satisfaction of the amount to which such persons- named in paragraph Second would otherwise nave been' entitled to receive had .such persons - survived Settlor and an such payments made by Trustee shall be deemed proper alld binding upon the Trust even if the person receiving such payment may, in fact, fail to survive Settlor. SECOND: Upon the death of the said Settlor, John F. Buyer. the Trust Estate as then constituted sb.all be retained by said Trustee and in the event the probate estate of Settlor shaH be insufficient to pay the just debts of Settlor, specific bequests contained in Settlor's Will. pillS the reasonable administration expenses and funeral expenses of Settlor and inheritance, transfer and succession taxes which may be payable on account of Settlor's death including interest l.lnd penalties thereon. to the extent that Settlor's prob<lle estate is unable to pay the same, such expenses shall be paid from the Trust Estate and the balance of the Trust Estate shall be dividt"d into two equal shares and distributed as follows: t) One (1) share shall be divided equally between the two (2) grnnddaughters of Settlor's sister. Anna K. Brubaker, who are Mrs. Becky Jackimowicz, of 8 WilliamsburgCollrt, Ape. 11. Shrewsbury, Massachusetts 01545, and Mrs. Lois Carlisle, of 146 Victorian Road, MiIlersville, Pennsylvania 17551, 2) One (1) share shall be distributed to Settlor's friend, Mrs. Judy Weidl'r:an, of 1540 Harrisburg Avenue, ML Joy, Pennsylvania 17552, but should she fail to survive Settlor. then the same shall be paid in equal shares to her three (3) children, their heirs and assigns. but should any of her three children be deceased, the same shall pass to his or her issue, per stirpes. Page 1 of 2 Pages F of!.- r. 11;.J'-------- :!lllRD.: Trustee shall be paid its annual compensation for its services in accordancewitb its schedule of fees as from time to time established. This compensation shall be paid from income and shall be the sole compensation of Trustee who shall receive no further compensation on the tennination of the Trust Estate, except such compensation to which it may be entitled as part of the expenses of administration of Settlor's estate. IN WITNESS WHEREOF, Settlor and Trustee have executed this instrument this 11th day of August, 1998. FINANCIAL TRUST SERVICES COMPANY ~~A_!;-;~ J n F. Buyer, Settlo COMMONWEALTH OF PENNSYLVANIA: COUNTY OF CUMBERLAND 55: On this, the 11th day of August, 1998, before me, the subscriber, a Notary Public in and for said Commonwealth and County. came the above-named lohn F. Buyer, the person whose name is subscribed to the within instrument, and acknowledged the above Second Amendment to Indenture of Trust between John F. Buyer and Farmers Trust Company dated June 17, 1985, and of the First Amendment thereto dated December 15, 1995, to be his act and deed, and desired tlle same be recorded as such. WITNES S my hand and notarial seal the day and year aforesaid. NOT...... ROBERTa. FREY. NOTAR'fPUaUC C!\RlISl6. CUM8IRLANDCOUNIY, PA '.". "''''~SSIOH !XJlIIIIRES JUNR:t.JDO:Z \~,-<t~'j' -1 I " ~ COMMONWEALTH OF PENNSYL V ANJA: COUNTY OF CUMBERLAND I hereby certify that on this /.:< /-<-. day of August, 1998, before me, the subscriber, a Notary Public in and for said Commonwealth and County, personally appeared David C. Garity, who acknowledged himselfto be the Vice President and Trust Officer of Financial Trust Services Company. o.amed in the foregoing Second Amendmentto Indenture of Trust between John F. Buyer and Farmers Trust Company dated June 17, 1985, and the First Amendmenttl1ereto dated December 15, 1995, and by virtue and in pursuance of the authority therein conferred upon him. acknowledged the signed instrument to be the act of the said Financial Trust Serv~ces Company. 55: WITNESS my hand and notarial seal the day and year aforesaid. ~~YI(O<L~. Notarial Seat Wanda L Dale, NOtary Public Carlisle Bora, Cumberland County My Commission expIres July 1, 2002 Member, PennsylVania AssocialJon 01 Nolaries Page 2 of 2 Pages AMENDMENT TO INDENTURE OF TRUST BETWEEN JOHN F. BUYER AND FARMERS TRUST COMPANY DATED JUNE 17, 1985 THE INDENTURE OF TRUST dated June 17, 1985, entered into by JohnF. Buy.eras Settlor with Fanners Trust Company as Trustee is hereby amended as follows: 1. Settlor and Trustee acknowledge that Financial Trust Services Company, One West High Street, Carlisle. Pennsylvania, is successor to Farmers Trust Company as Trustee under said Indenture of Trust. 2. Artic1elI of said Indenture of Trust which sets forth in detail the plan of distribution in Schedule "B" thereof, is hereby revoked in its entirety and substituted therefor is the following: ARTICLE IT DISTRIBUTION The Settlor directs the Trustee to disburse the income and principal of the trust estate in the manner hereinafter set forth in detail in the following Schedule "BOO which, signed b y Settlor, is as follows: ElRSI.: The Trustee is directed to disburse tbe net income of the Trust Estate quarterly or at more frequent intervals to or for tbe use or benefit of the Settlor, John F. Buyer, oiS Pine Circle, Newville, Pennsylvania 17241, so long as Settlor shall live. In addition, Tl1lsteeis directed to disburse so much of the principal of the Trust Estate as in its opinion is necessary or desirable to be e;pended for the proper maintenance and support 0 f Settlor, which expenditures of principal shall~ made to or for the use or benefit of Settlor. . Tfllstee is directed to disburse income and principal from time to time in whatever manner and to ~homever Settlor may in writing direct, so long as Settlor remains mentally competent. SIi~uld the mental condition of Settlor have deteriorated so that Settlor is no longer able to give int611igentdirections to the Trustee to make gifts to persons to whom Settlor has customarily given gifts, then to the extent that the Trustee deems the assets of the Trust Estate and of other resources of Settlor outside the Trust Estate to be in excess of the amounts reasonably anticipated to be required for the proper support and maintenance of Settlor,in such case the Trustee is directed to make payments of the specific amounts hereinafter set forth in paragraph Second of this Schedule "B~' to the persons named therein, in whole or in part, as if Settlor had become deceased, and any and all such payments made shaIl be pro tanto satisfaction of the amount to which such persons named in paragraph Second would otherwise have been entitled to receive had such persons survived Settlor and all such payments made by Trustee shall be deemed proper and binding upon the Trust even if the person receiving such payment may, in fact, fail to survive Settlor. SECOND: Upon the death of the said Settlor, John F. Buyer, the Trust Estate as then constituted shall be retained by said Trustee and in the event the probate estate of Settlor shall be insufficient to pay the just debts of Settlor, specific bequests contained in Settlor's Will, plus the reasonable administration expen~s and funeral expenses of Settlor and inheritance. transfer and succession taxes which may be payable on account of Settlor's death including interest and penalties thereon, to the extent'"' that Settlor's probate estate is unable to pay the same, such expenses shall be paid from the Trust Estate and tbe balance of the Trust Estate shall be distributed as follows: a) The sum of Ten Thousand and nollOO ($10,000.00) Dollars ($5,000.00 each) shall be paid to the two granddaughters of Settlor's sister Anna K. Brubaker, who are Mrs. Becky Jackimowicz, of 8 Williamsburg Court, Apt. II, Shrewsbury, Massachusetts 01545, and Mrs. Lois Carlisle, of 146 Victorian Road, Millersville, Pennsylvania 17551. b). The sum of Ten Thousand and no/IOO ($10,000.00) Dollars shall be paid to Settlor's sister, Mrs. Elizabeth B. Leach, of Scoville Center, Apt. 619, 545 Public Avenue, Beloit, Wisconsin 5351 I, but should she fail to survive Settlor then to her daughter, Dolly Schumacher, ofR. D. #1, Box 69-A. Merrimac, Wisconsin 53561. c) The sum of Ten Thousand and no/IOO ($10,000.00) Dollars shall be paid to Settlor's sister, Mrs. Helen M. Corbett, of 1020 Ross Thrush Road, Cambridge, Maryland 21613, but should she fail to survive Settlor then payment of said sum shall be divided equally among the shares hereinafter provided in subparagraph "g". Page I of 3 Pages ~ !~flt~ d) The sum of Ten Thousand and nollOO ($10,000.00) Dollars shall be paid to Settlor's sister, Mrs. Margaret B. Cassidy, of 9222 Wooden Bridge Road, Philadelphia, Pennsylvania 19 I 14, but should she fail to survive Settlor tben said amount sball be divided equally among the shares hereinafter provided in subparagraph "g", e) The sum of Five Tbousand and nollOO ($5,000.00) Dollars shall be paid to Settlor's niece, Miss Ethel McEntire, of 23 I Perry Street, Columbia, Pennsylvania 17512, but sbonld she fail to survive Settlor tben said sum shall be divided equally among the shares hereinafter provided in subparagraph "g". f) The sum of Five Thousand and nolI 00 ($5,000.00) Dollars shall be paid to Settlor's nepbew, Robert Buyer, of 28 Power Street, Norton, Massachusetts 02766, but sbould be fail to survive Settlor then the same shall be divided equally among tbe shares bereinafter provided in subparagraph 109". g) The balance tbereof shall be divided into two (2) equal sbares as follows: 1) One (I) share shall be divided equally between tbe two (2) granddaughters of Settlor's sister, Anna K. Brubaker, who are Mrs. Becky Jackimowicz, of 8 Williamsburg Court, Apt. 11, Shrewsbury, Massachusetts 01545, and Mrs. Lois Carlisle, of 146 Victorian Road, MillersviIle, Pennsylvania 17551. 2) One (I) share shall be retained by Financial Trust Services Company in trust for the benefit of Settlor's sister, Mrs. Margaret E. Cassidy, of 9222 Wooden Bridge Road, Philadelphia, Pennsylvania 19114, and the income arising therefrom shall be paid at regular intervals at least annually to or for the benefit of Mrs. Margaret E. Cassidy, so long as she shall live, and at her death said trust shall terminate and the principal thereof shall be distributed to Settlor's friend, Mrs. Judy Weidman, of 1540 Harrisburg Avenue, Mt. Joy, Pennsylvania I75~, but should she fail to survive both Settlor and Mrs. MargaretE. Cassidy, tben the same shall 6e paid in equal sbares to the three (3) children of Mrs. Judy Weidman, their heirs and assigns. \ 3) Should any distribution provided i.n this subparagraph ug" be incapable of payrneBt to the person entitled thereto on account of such person or persons having failed to survive -Settlor. then the amount thereof shall be divided among the others entitled to the share and if there are no others, then the amount shall be added to the other sbare of this subparagraph "g". l:H1E.Q: Trustee shall be paid its annual compensation for its services in accordance with its schedule of fees as from time to time established. This compensation shall be paid from income and shall be the sole compensation of Trustee who shall receive no further compensation on the tennination of the Trust Estate. except such compensation to which it may be entitled as part of the expenses of administration of Settlor's estate. IN WITNESS WHEREOF, Settlor and Trustee have executed this instrument this 15th day of December, 1995. FINANCIAL TRUST SERVJCES COMPANY (leilAV' f: !~LJfi1--' Jol1J;'F. Buyer, Settlor . COMMONWEALTH OF PENNSYLVANIA: COUNTY OF CUMBERLAND ss: On this, the 15th day of December, 1995, before me, tbe subscriber, a Notary Public in and for said Commonwealth and County, came the above-named John F. Buyer, the person whose name is subscribed to the within instrument, and acknowledged the above Amendment to Indenture of Trust between John F. Buyer and Farmers Trust Company dated June 17, 1985, to be his act and deed, and desired the same be recorded as such. WITNESS my hand and notarial seal the day and year aforesaid. ~ ~f;> . ~YI'i Page 2 of 3 Pages NOTARIAL SEAL KRISTA KING, NOTARY PUSLIC CARLISLE, CUMBERLAND COUNTY PA MY COMMISSION EXPIRES JUNE 27,1998 COMMONWEALTH OF PENNSYL VANIA: COUNTY OF CUMBERLAND 5S: I hereby certify that on this 15th day of December, 1995, before me, the subscriber, a Notary Public in and for said Commonwealth and County, personally appeared David C. Gority, who acknowledged himself to be the Vice President and Trust Officer of Financial Trust Services Company, named in the foregoing Amendment to Indenture of Trust between John F. Buyer and Farmers Trust Company dated June 17, 1985, and by virtue and in pursuance of tbe authority therein conferred upon him. acknowledged the signed instrument to be the act of the said Financial Trust Services Company. WITNESS my hand and notarial seal the day and year aforesaid. C,hfl"T1 ,rner ~ ~., C0.Osv.. NotartalSeaI s~Tt~,S. P~sser. Notary PubUc M alon Wfl., Cumberfand County Y CommissIon Expires Oct 25, 1999 Memher, Pennsyl'o'ar..a AsSOClatlofl at tJotanes "", ....'. Page 3 of 3 Pages .)0 DDI/q5 I U THIS INDENTURE OF TRUST, made this 17TH day of June 1985, by and between JOHN F. BUYER, of West Pennsboro Township (mailing address: 8 Pine Circle, Newville, Pennsylvania 17241), Cumberland County, Pennsylvania, (hereinafter referred to as "SETTLOR") I AND FARMERS TRUST COMPANY, a corporation organized and existing under the laws af the Commonwealth of Pennsylvania, having its office and principal place of business at 1 West High Street in the Borough of Carlisle, Cumberland County, Pennsylvania, (hereinafter referred to as 1"l'ROSTEE" ) : WITNESSETH: WHEREAS, Settlor desires to transfer and deliver to the Trustee certain property and securities, hereinafter described, for the pur- pose of creating a voluntary revocable trust, and WHEREAS, the Trustee has agreed to accept the said property and ... , secu{,~ ties and any property and securities which may hereafter be assign'=d to it by Settlor or others and to hold the same and the procee,fs' and income thereof upon the trust hereby created. NOW, THEREFORE, in consideration of the covenants herein contained and the sum of One ($1.00) Dollar by the Trustee in hand paid to the Settlor at and before the ensealing and delivery of these presents, the receipt whereof is hereby acknowledged, the Settlor has granted, conveyed, ass,igned, set over and delivered, and by these presents does grant, convey, assign, set over and deliver unto the Trustee, all the right, title and interest of the Settlor in and to the property and securit:..i.es described in Schedule "A", which, signed by the Settlor, is att;ched hereto and made a part hereof, together with the appurtenances and all the estate and rights of the Settlor thereto. TO HAVE AND TO HOLD all and singular the above granted described property and securities unto the said Trustee and any property and securities which'may hereafter be assigned, devised or bequeathed, IN TRUST, NEVERTHELESS, for the following purposes and uses, and subject to the terms. conditions, powers and agreements hereinafter set forth. ARTICLE ! POWERS AND DUTIES OF TRUSTEE Section 1: The Trustee shall hold and manage the property and securities, together with such other property as may be acquired, during the existence of the trust, all of which said property will hereinafter be referred to as the "Trust Estatel/, upon the terms and conditions, and for the uses and purposes, and with the duties and powers! that is to say: TO hold and manage the said Trust Estate and every part thereof with full power to invest and reinvest the same in such loans, stocks, bonds, securities and real estate as shall be deemed by it to be suitable and proper for ,the investment of trust funds and without being restricted to a class of investments which a Trustee is or may hereafter be permitted by law to make. In so doing, it is specifical- ly authorized, in its sole discretion and as it deems. fitting and prop~1 to retain, sell, mortgage, partition, exchange or otherwise dispdse of any or all of the property of the Trust Estate, both real . \ and personal, including specifically the authorization to retain, buy or sel~ any shares of the stock of t~e Trustee; to v~te, exchange and otherwise exercise all rights, privileges or options in any way per- taining to the stocksr bondsr securities and other assets at anytime belonging to the Trust Estate, provided, however, that with respect to any shares of stock of the Trustee, the Settlor may determine the manner in which said shares shall be voted and may actually direct how such shares shall be voted; to borrow money, to execute and renew promissory notes and to pledge the assets of the Trust Estate as security therefor; to ~ake alterations of, repairs upon, additions to and erect ~mprovements upon real estate, and to make leases therefor for such term even though in excess of five (5) years, as it may deem advisable; to make distribution of the principal and undistributed income of the Trust Estate to and among those entitled thereto at the termination of the tr~st in kind or in cash, or partly in kind and partly in cash, as to it seems proper, just and equitable; to deter- mine the manner of ascertainment of income and principal and the apportionment of receipts and expenses by the tenants and remaindermen of the Trust Estate; to make, execute and acknowledge and deliver all instruments deemed necessary or required in the exercise of the here- inbefore mentioned powerSj and otherwise in the management and conduct of said Trust Estate to do any and all things which the Settlor could do in his own right. Section ~: The Trustee, if and whenever it may be deemed advisable, or more convenient to do so, may cause any shares of stock, securities or other property of whatsoever character. constituting part of the Trust Estate to be taken or stand in the name of its nominee, with full power and authority in such nominee to receive and receipt for all income therefrom. All taxes and governmental charges, of whatsoever character, levied or assessed upon or payable by the Trustee with respect to the corpus or income of the Trust Estate, and all expenses of the administration of the trust and all interest pay- able on account of any indebtedness ~r liabilities contracted, ~~ inc~~ed or assumed by the Trustee, shall be paid out of the incom~ of the T~ust Estate, unless the Trustee, in its discretion, shall deem that under the circumstances all or some part thereof should equitably be paid out of the corpus of the Trust Estate. Section 1: In any case in which the Trustee is required to divide the principal of the Trust Estate in parts or shares, and to distribute the same, it is authorized and empowered in its sole dis- cretion to make division or distribution in kind, or partly in kind and partly in cash. The judgment of the Trustee concerning the values for the purposes of such division or distribution of the property or securities shall be ~inding and conclusive on all parties herein interested. Section !: No title, in the Trust Estate hereby created, or in the income accruing therefrom, or in its accumulation, shall vest in any beneficiary and no beneficiary shall have the right or power to transfer, assign, an~icipate or encumber his or her interest in said Trust Estate, or the income therefrom, prior to the actual distribu- tion thereof by the Trustee to said beneficiary. Further, neither the income nor the principal of said Trust Estate shall be liable in any manner, in the possession of the Trustee, for the debts, contracts or engagements of any of the beneficiaries. Section ~: Anything in this Indenture of Trust to the contrary notwithstanding, so long as Settlor is mentally competent, the Trustee shall nat in the absence of an emergency liquidate any investment of the Trust or make any new investment for the Trust without first having given Settlor and the hereinafter named Associate Trustee ten (10) days' written notice of any such proposed change, following which notice Trustee shall take whatever action is directed. by Settlor in writing and in the absence of any such written direc~ion the Trustee shall then take whatever action the Trustee deems appropriate. Section 6: D. S. Poorman who is a neighbor and friend and confidential advisor of Settlor, shall be an Associate Trustee to serve without compensation from the Trust or Trustee and shall be notified in writing of any proposed chanqe in ~rust investments, as ?,"..." setvf~rth in Section 5 above, at the same time such written notice is give~' to Settlor, but only so long as Settlor is mentally competent. In addition, any request from said D. S. Poorman to Trustee to make expenditures to or for the benefit of Settlor shall be acted upon by Trustee in the same manner as if such request haq been made by Settlor, even if Settlor shall have become mentally incompetent. ARTICLE Q DISTRIBUTION The Settlor directs the Trustee to disburse the income and prin- cipal of the Trust Estate in the manner hereinafter set forth in detail in Schedule "B." which, signed by Settlor, is attached hereto and made a paFt hereof. ARTICLE III GENERAL PROVISIONS Section 1: It is agreed that the Settlor may by instrument in , writing, delivered to the Trustee, (a) modify or alter this Agreement, in whole or in part, provided that the duties, powers and liability of the Trustee, shall not be changed without its written consent; (b) revoke this Agreement in whole or in part. Section 2: The Settlor reserves the right for himself and others to assign or devise or bequeath additional property, securities or cash to the Trustee to be held under the terms hereof, and the Trustee is authorized and empowered to receive the same for the uses and upon the trust set forth herein. Section 1: The Trustee by joining in the execution of this instrument signifies its acceptance of the trust and acknowledges that it has received this day from the Settlor all and singular the proper- ty and securities described in Schedule "A" attached hereto and made a part hereof and agrees that it will hold the same and use and dispose of the proceeds thereof upon and subject to all and singular the trusts, terms and provisions set forth in this Indenture.. FARMERS TRUST COMPANY doth hereby constitute and appoint Dennis c. Caverly to be its attorney for it and in its name. and as and for its ~corporate act and deed to acknowledge this instrument before any . perso~ having authority by the laws of the Commonwealth of Pennsyl- vania, ."to take such acknowledgment, to the intent that the same may be duly recorded. IN WITNESS WHEREOF, JOHN F. BUYER, the Settlor, has hereunto set his hand and seal, and FARMERS TRUST COMPANY, the Trustee, has caused these presents to be signed in its corporate name by its Senior Vice President, and its corporate seal to be hereto affixed, attested by its Assistant Secretary, the day and year first; above written. :8j~~~' <' ~. r~ (SEAL) crohn F. Buyer ATTEST: By: Ass,istant Secretary SCHEDULE uN' PROPERTY AND SECURITIES TRANSFERRED BY JOHN F. BUYER TO FARMERS TRUST COMPANY UNDER TRUST DATED JUNE 17, 1985 Certificate 54605 Farmers Trust Co. dated 7/12/84 $20,000 Face @ 10.25% due 7/11/85 Certificate SBIB8 Farmers Trust Co. dated 2/26/85 $25,000 Face @-c.9.c05%'due:'.8/26/B$ , Certificate 61001 Farmers Trust Co. dated 5/2/85 $10,000 Face @ 8.50% due 5/2/B6 Certificate 58500 Farmers Trust Co. dated 3/19/85 $30,000 Face @ 9.10% due 3/19/86 Certificate 61159 Farmers Trust Co. dated 3/19/85 $25,000 Face @ 9:10% due 3/19/85 Certificate 1000123908 York Federal Savings & Loan Asan. dated 3/12/85 Face $30,000 @ 9.50% due 9/12/B6 Certificate 1000124000 York Federal Savings & Loan Assn. dated 4/22/85 Face $15,000 @ 9% due 10/22/85 Certificate 1000125932 York Federal Savings & Loan ~sn. dated 5/3/85 Face,~5,OOO @ 9.20% due 5/3/86 1202 afts. Chemical Fund. Inc. 315.944\shs. Chemical Fund. Inc.--Unissued Certific~te 720761 Investors Flanning Corp. of America Systematic Investm~nt Plan Without Life Insurance (Axe-Houghton B, Inc.) $100,000 Cash SCHEDULE "B" \ k~~/l {' ~J I f.JklJ ~I~ JAvJ, ~~' ' QoN~ r0 ,filii, ( \}/ I ~Jli,}I net income of the PLAN OF DISTRIBUTION OF TRUST ESTATE OF JOHN F. BUYER, UNDER AGREEMENT DATED JUNE ,1985 ~; The Trustee is directed to disburse the Trust Estate quarterly or at more frequent intervals to or for the use or benefit of the Settlor, John F. Buyer, of 8 Pine Circle, Newville, Pennsylvania 17241, so long as Settlor shall live. In addition, Trustee is directed to disburse so much of the principal of the Trust Estate as in its opinion is necessary or desirable to be expended for the proper maintenance and support of Settlor, which expenditures of principal shall be made to or for the use or benefit of Settlor. Trustee is directed to dispurse income and principal from time to time in whatever manner and to whomever Settlor may in writing direct, so long as Settlor remains mentally compet~nt. ~'f ",.Should the mental condition of Settlor have deteriorated so that Settidr is no longer able to give intelligent directions to the Truste~ .to make gifts to persons to whom Settlor has . customarily given gifts, then to the extent that the Trustee deems the assets of the Trust Estate and of other resources of Settlor outside the Trust Estate to be in excess of the amounts reasonably anti9ipated to be required for the proper support and maintenance of Settlor, in such case the Trustee is directed to make payments of the specific amounts hereinafter set forth in paragraph Second of this Schedule B to the persons named therein, in whole or in part, as if Settlor had become deceased, and any and all such payments made shall be pro tanto satis- faction of the amounts.to which such persons named in paragraph Second would otherwise have been entitled to receive had such persons survived Settlor and all such payments made by Trustee shall be deemed proper and binding upon the Trust even if the p~rson receiving such payment may, in fact, fail to survive Settlor. SECOND: Upon the death of the said Settlor, John F. Buyer, the Trust Estate as then constituted shall be retained by said Trustee and in the event the Probate Estate of Settlor shall be insufficient to pay the just debts of Settlor plus the .reasonable administration expenses and funeral expenses of Settlor and inheritance transfer and succession taxes which may be payable on account of Settlor's death including interest and penalties thereon, tcthe extent that Settlor's Probate Estate is unable to pay the same, such expenses shall be paid from the Trust Estate and the balance of the Trust Estate shall be distributed as follows: a. The baby grand piano which had belonged to Settlor's wife shall be given to Settlor's niece, Marilyn Beardslee, of 147 Victorian Road, Mi1lersburg, Pennsylvania 17551. b. The marble statue of a girl shall be given to Elizabeth- town College, Elizabethtown, Pennsylvania 17022. c~ The sum of Ten Thousand ($lO,OOO.OO) Dollars shall be paid to Settlor's sister and her husband, Anna K. Brubaker and Marlin Brubaker, as tenants by the entirety, provided at least one of them shall survive Settlor by a period of ninety (90) days, but should both of them fail to so survive Settlor then.the same shall be paid to \1*-.,> their daughter, Marilyn Beardslee, wife of Edward Beardslee, of 146 y' " Victokian Road, Millersville, Pennsylvania 17551. d. The sum of Ten Thousand ($10,000.00) Dollars shall be paid to Settlor's sister, Mrs. Elizabeth Leach, of Scoville Center Apartments, 545 Public Avenue, Beloit, Wisconsin 53511, prOVided she shall survive Settlor by a period of ninety (90) days, but should she fail to so survive Settlor then to her daughter, Dolly Schumacher, wife of Elmer Schumache!, of R. D. #1, Box 69A, Merrimack, Wisconson 53561. e. The sum of Ten Thousand ($10,000.00) Dollars shall be paid to Settlor's sist~r, Mrs. Helen M. Corbett, of R. D. #3, Box 124B, Cambridge, Maryland 21613, provided she shall survive Settlor by a period" of ninety (90) days, but should she fail to so survive Settlor then payment of said sum shall be divided equally among the five shares hereinafter provided in subparagraph "j". f. The sum of Ten Thousand ($10,000.00) Dollars shall be paid to Settlor'"s sister, Mrs. Margaret E. Cassidy, of 9922 Wooden Bridge Road, Academy Gardens, Philadelphia, Pennsylvania 19114, pro- vided she shall survive Settlor by a period of ninety (90) days, but should she fail to so survive Settlor then said amount shall be added to the five equal shares hereinafter provided in subparagraph lljll. g. . The sum of Ten Thousand ($10,000.00) Dollars shall be paid to Settlorls brother and his wife, Chester A. Buyer and Charlotte E. Buyer, as tenants by the entirety, of 1722 Elm Street, New Cumber- land, Pennsylvania 17070, provided at least one of them shall survive Settlor by a period of ninety (90) days, but should both of them fail to so survive Settlor, then said sum shall be added to the five equal shares hereinafter provided in subparagraph Iljll. h. The sum of Five Thousand ($5,000.00) Dollars shall be paid to Settlor's cousin, Miss Ethel McEntire, of 231 Perry Street, Columbia, Pennsylvania 17512, provided she shall surviVe Settlor by a period of ninety (90) days, but should she fail to so survive Settlor then said sum shall be added to the five equal shares hereinafter pro- vided in subparagraph II j II. i. The sum of Five Thousand ($5,000.00) Dollars shall be ~" paid'to Settlorls .nephew, Robert Buyer, of 28 Power Street, Norton, . Massa~husetts 02766, provided he shall survive Settlor by a period of ninety;:. . (90) days, but should he fail to so survive Settlor then the same shall be paid to the issue of Robert Buyer, per stirpes, and if there be no such issue then the same shall be added to the five equal shares hereinafter provided in subparagraph I'jll. j. The balance thereof shall be divided into five (5) equal shares and paid to the following persons, their heirs and assigns: 1. One (1) share to Settlor's sister and her husband, Anna K. Brubaker and Marlin Brubaker, as tenants by the entirety, provided at least one of them shall survive Settlor by a period of. ninety (90) days, but~shou1d both of them fail to so survive Settlor, then to their-daughter, Marilyn Beardslee, wife of Edward Beardslee, of 146 Victorian Road, Millersville, Pennsylvania 17551. 2. One (1) share to Settlor's sister, Mrs. Elizabeth L. Leach, of Scoville Center Apartments, 545 Public Avenue, Beloit, Wisconsin 53511, provided she shall survive Settlor by a period of ninety (90) days, but should she fail to so survive Settlor then to her daughter, Dolly Schumaqher, wife of Elmer Schumacher, of R. D. #1, Box 69A, Merrimac, Wisconsin 53561. 3. One (1) share to Settlorls sister, Mrs. Helen M. Corbett, of R. D. 33, Box 124~, Cambridge, Maryland 2161], provided she shall survive Settlor by a period of ninety (90) days; but should she fail to so survive Settlor then the same sha~l be divided equally among the other four shares of this subparagraph IIjll. 4. One (1) share to Settlor1s sister, Mrs. Margaret E. Cassidy, of 9222 Wooden Bridge Road, Academy Gardens, Philadelphia, pennylvania 19114, provided she shall survive Settlor by a period of ninety (90) days, but should she fail to so survive Settlor, then the same shall be divided equally among the other four shares of this sub- paragraph /I j 'I. 5. One (ll share to Settlor1s brother and his wife, Cheste A. Buyer and Charlotte E. Buyer, as tenants by the entirety, of 172Z Elm Street, New Cumberland, Pennsylvania 11070, provided at least one of them shall survive Settlor ~y a period of ninety (90) ~ days,' ~ but should both of them fail to so survive Settlor, then such -y,'. share' \ shall be divided equally among the other four shares of this subparagraph I. j 1/. 6. Should any of the shares provided in this subpara- graph IIjll be incapable of payment to the person entitled thereto on account of such person or persons having failed to survive Settlor by a period of ninety (90) days, then the amount of such shares shall be divided equally among the remaining shares of this subparagraph Ilj". ~: Trustee shall be paid its annual compensation for its services in accordance with its schedule of fees as from time to time established. This co~pensation shall be paid fro~ income. This compensation shall be~ the sole compensation of Trustee who shall receive no further compensation on the termination of the Trust Estate, except such compensation to which it may be entitled as part of the expenses of administration of Settlorls AUTHENTICATED BY SETTLOR: (J1:4g/ r Ii ~ Jtyn . Buyer .uy. COMMONWEALTH OF PENNSYLVANIA: 55: COUNTY OF CUMBERLAND On this I the n"'day of June 1985, before me, the subscriber, a Notary Public in and tor said Commonwealth and County, came the above-named John F~ Buyer, the person whose name is sub- scribed to the within instrument, and acknowledged the above Indenture of Trust to be his act and deed, and desired the same might be recorded as such. WITNESS my hand and notarial seal. '.. 01~~ Q,)Y} .. . DONNA MAS CALAMAN NOiRR'I PUBLIC Car~isle Bora cum~erland ~~U~~87 M commission ExplresJan. I ~ennsylvania AssociatiOl'l 01 Notary ... .''r COMM~NWEALTH OF PENNSYLVANIA' ., COUNTY .OF CUMBERLAND S5: I '.hereby certify that on this . 11'" . day of June 1985. before me, the subscriber, a Notary Public in and for said Common- wealth and County, personally appeared Dennis C. Caverly, the attorney named in the foregoing Agreement, and by virtue and in pursuance of the authority therein conferred upon him, acknowledged the said Agree- ment to be the act of the said Farmers Trust company. ~ ':' ',:;!~L.!:..\\'l;:.t~ ;,-\:::,1(, I\~,~~:;~~:~~,:"P;,";;"~'~.;:;;);;~\~:~/ PETITION FOR PROBA1'E and GRANT OF LETTERS 113-30-3527 No 21-01- It) To: Register of Wills for the County of Cumberland in the Commonwealth of Pennsylvania Estate of also known as John F. Buyer Social Security No. The petition of the undersigned respectfully represents that: Your petitioner(s), who is/are 18 years of age or older and the eXt cutor named in the last will of the above decedent, dated Dec. 15, 1995 and codici1( s) dated N/ A 1'1.B. IVI & T Bank is su~cessor to Financial Trust Services Company by merger (state relevenat circumstances, e.g. renunciation, death of executor, etc.) Decedent was domiciled at death in Cumberland County, Pennsylvania, with his last family or principal residence at Green Ridge Village, 210 Big Spring Avenue, West Pennsboro Township, Newville, Pennsylvania. (list street, number and municipality) Decedent, then . 98 years of age, died Jan.2,2001 at West Pennsboro Township, Cumberland County, Pennsylvania Except as follows, decedent did not marry, was not divorced and did not have a child born or adopted after execution of the will offered for probate; was not the victim of a killing and was never adjudicated incompetent: No Exceptions Decedent at death owned property with estimated values as follows: (If domiciled in Pa.) All personal property (If not domiciled in Pa.) Personal property in Pennsylvania (If not domiciled in Pa.) Personal property in County Value of real estate in Pennsylvania situated as follows: $ unestimated $ $ $ Total: 0.00 WHEREFORE, petitioner(s) respectfully request(s) the probate of the last will and codicil(s) presented herewith and the grant of letters testamentary (testamentary; administration c.t.a.; administration d.b.n.c.t.a.) there~ FilfltV 71Zt5r t1FRCC< M fRank " 14 N.Main Street Chambersburg, PA 17201 UA'l'H U.lf PEKSUNAL K~PKS~Nl'Al1 V ~ COMMONWEA TLH OF PENNSYLVANIA COUNTY OF CUMBERLAND The petitioner(s) above-named swear(s) or affirm(s) that the statement in the foregoing peition are hue and correct to the best of the knowledge and belief of petitioner(s) and that as personal represen- tative(s) of the above decedent petitioner(s) will well and truly administer the estat~ing to law. Sworn to or ~ffirmed and subscribed ~~ <r/Ctsr C/T1CFf: before me thIS day of \ # " 'r h/f/tl.<' -,;}anuary(/~~ p.u-~~, ., \ n~~5ewiS Risler 1/0- &O~-l Estate of No. 21-01- 70 John F. Buyer Deceased DECREE OF PROBATE AND GRANT OF LETTERS AND NOW 16 It-Jan-Ol the reverse side hereof, satisfactory proof having been presented before me, IT IS DECREED that the instrument(s) dated_ Dec. 15, 1995 described therein be admitted to probate and filed of record as the last will of John F. Buyer and Letters Testamentary are hereby granted to M & TBank successor to Financial Trust Services Company by merger FEES $ 18.00 $ 1 2 . 00 $ $ 1.00 ~.OO Total_ $ 18.00 Filed......... .y.~~.V.~RY... J.9.~...? 9.9.1 cm~no(!J2x~ ~a ~1- RegIster of WIlls ~'r;z MARY CLEWIS Robert M. Frey 6274 ATTORNEY (Sup. Ct. LD. No.) 5 South Hanover Street Carlisle, Pennsylvania 17013 ADDRESS Probate, Letters, Etc. Short Certificates~) Renunciation X-Page JCP (717) 243-5838 . . PHQNE Called attorney on 1-17-2001 ..., 21-01-70 REGISTER OF WILLS OF CUIVIBERLAND COUNTY OATH OF SUBSCRIBING WITNESS Robert 1\1. Frey c~1{ (each) a subscribing witness to the will presented herewith, (each) being duly qualified according to law, depose(s) and say(s) that he was present and saw John F. Buver the testat or , sign the same and that he signed as a witness at the request of testat or in h is presence and (in the presence of each otl}.er) (in the presence of the other subscribing witness(es)). /f:r6~ hi ~ t/~ Robert M. Frey (Name) 7 5 Rosuth Hanover St., Carlisle PA 17013 Sworn to or affirmed and subscribed before 11TH day of ~ 2 1 (Address) (Name) (Address) REGISTER OF WILLS OF CUl\1BERLAN'n COUNTY OATH OF NON-SUBSCRIBING WITNESS Robert G. Frey and Mary C. Wert (each) a subscriber hereto, (each) being duly- qualified according to law, depose(s) and say(s) that they are familiar with the signature of Krist Kingf \," XHmt:K testat rix of (one of the subscribing witnesses to) the will presented herewith and ~rXau that they believes the signature on the will is in the handwriting of Krist King to the best of their knowledge and belief. Sworn to or affirmed and subscribed before 11TH day of x cr-~, . rey (Name) .5 South Hanover Rtreet, Carlisle P 'I1~J Qt!J;;J ary C.. Wert ('1\1 name) 5 SOlJth Hanover Street, Carlisle P A 17013 (Address) nlVJ.IIIJ) Kl'.V'J/1"l6 This is to certify that the information here given is correctly copied from an original certificate of death duly filed with me as Local Registrar. The original certificate will be forwarded to the State Vital Records Office for permanent filing. WARNING: It is illegal to duplicate this copy by photostat or photograph. No. ~~.~~~~~ Local Registrar Fee for this certificate, $2.00 p 6960593 JAN 3 2001 Date Hl05. ; 43 R... 2187 COMMONWEALTH OF PENNSYLVANIA · OEPARTMENT OF HEALTH · VITAL RECORDS CERTIFICATE OF DEATH ''''T ~) ... I. 2. SIRTHPLACE ,Coly and Slale 01 f c,809'' Country) :HT "'K NAME OF DECEDENT (F.r51 M.d.;e~- -..-.-.- u____________________ 98 Vrs. Hours ~ MinuI.. $. COUNTY OF DEATH MARITAL STAT US . Married N._ Ma"iecl. Woaow.a. ilMltcecl (Speclly) . If.. "... DECEDEN ' M l AOOAESS {SI,..I. CitylTown. ~,Zop COdeI Green Ridge Village 210 ~i Sprin Ave. llb. Coun Did dec~ Ii..-".. Cumberland township? 174.0 :":::::=01 MOTHER'S NAME iF.sl. ModCle. MaoCleo Surnamel Wpqr Ppnnq!-lnrn lWp ACTUAL RESIDENCE (See onsIr\lChQrlS on ott>er Sldel l1a. Sla,a cltylboro 21. 1~I"m.la I inl...... bMween :_anddalllt\ I : PART 11: 0lfIer 19'illcanl condllions CllnlTibulIng 10 da.tll. but not"""'lng in !tie Uftdet'Iylng _ QMn in PAAT I. I :. d. WERE AUTOPSY FINOtNGS Alll\JlA8U PRIOR 10 COMPlETION Of CAUSE Of' OERH7 DUE 10 (OA AS A CONSEOUE NeE OF): MANNER OF DEATH .........1 ~ o o OATE OF INJURY (Month, O.y, ....ar) TIME OF INJURY INJURY JIJ WORK? DESCRISe HOW INJURY OCCURRED. AecicIent Pendirw.!'nwsl",alion o o o Pt..ACE OF INJURV. AI home, la';~;"l. ,actor" otfiee building. etc. ISpec,M :lOa. ..,.. 0 No 0 Homicide ..,..0 Norn/' M. :JOe. ~. ~~&.~~ ~(lct\IOI JIl/1 / ') ~ </( $uic;de Could not be delerm,ned 2IL 2.... CUlTtFtER IC"eck oniy ~) .~TIFY1NG PMYSICIAH (Physocoan certJtyong cauw d death wf'l"" anothe< pl\V$lCoan haS pronounced dealh ana compleled "em 231 To _ best 01 "'y llnowledge. c1aetll occumod due to the c.uH('land manM' .. a'.'ed. . . . . , . , . . . . , . . . . , . . . , . . . , . , . . . . . . . . . . . . . . . , . , . 29. 'PFlOHOUNCING AND CEATIFYING PHYSICIAN fPtlYSOClan bOCIl ;>r:v>ounc:ong death and cen~Y"'910 cause ot death! To ,he "-' 01 my kno..led9", d.alh occur"" a'thelttne, dal.. and place. and d... 10 ,he cause(aland manner.. ..aled .MEDICAl EXAMIHEFIICORONER On the b..i. 0' eumin.lIon and/or Invesllgalion, in my opinion, d..lh occurred allhe time. dale. .nd place. and due 10 Ihe eauae(a) and manne' aa .,.Ied. . , . , . . , . . . . . , . , . , . . . . . . . . . . . . , , . , ... . . . . . . . . . , . . . . . . . . . . . . . , , . . . , . , . , , . . . . . . , , , . . . . , . . , " ........ ::11.. REGISTRAR'S SIGNATURE AND o 34. - t:: .....-' CERTIFICATION OF NOTICE UNDER RULE 5.6(a) Name of Decedent: John F. Buyer Date of Death: January 2, 2001 Will No. Admin.No. 21-01-0070 To the Register: I certify that notice of (beneficial Interest) estate administration required by Rule 5.6(a) of the Orphans' Court Rules was served on or mailed to the following beneficiaries of the above-captioned estate on: Name Address M& T Trust 14 North Main Street, Chambersburg P A 17201 Elizabethtown College 600 East High Street, Elizabethtown PA 17022 Notice has now been given to all persons entitled thereto under Rule 5.6)a) except NO EXCEPTIONS Date: April 26, 2001 I ~'-...k ,/ l {, Signature Name: Robert M. Frey Address: 5 South Hanover Street Carlisle P A 17013 'P~ Capacity:_ Personal Representative -X Counsel for personal representative C; v STATUS REPORT UNDER RULE 6.12 Name of Decedent: JOHN H. BUYER Date of Death: January 2, 2001 Will No. Admin. No. 21-01-0070 Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate if complete: Yes (X ) No ( ) 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to No.1 is Yes, state the following: (a) Did the personal representative file a final account with the Court? Yes (X ) No ( ). (b) The separate Orphans' Court no. (if any) for the personal representative's account is: (c) Did the personal representative state an account informally to the parties in interest? Yes ( ) No ( ) (d) Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this report. Date: June 27, 2002 (/"'J ,. -- :- ht ~ r ~v-vu , ~ Signature Robert M. Frey Name (Please type or print) r-- 5 South Hanover Street Address (717) 243-5838 Telephone No. Capacity: ( ) Personal Representative r~ ( X) Counsel for personal representative \ /;., ..,.', /- --? .' .. -(~_t I_,~ ., - I '- ",-.J' BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRIS8URG~ PA 17128-0601 ROBERT M FREY FREY & TILEY 5 S HANOVER ST CARLISLE COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER DATE ESTATE OF DATE OF DEATH FILE NUMBER f\PR -1 :4 ~OUNTY ACN *' REY-7U EX AFP (01-02> '02 03-25-2002 BUYER 01-02-2001 21 01-0070 CUMBERLAND 202 JOHN F Amount Remitted .., th :" : PA 17011;'ITH./ MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credit to your account, submit the upper portion of this for. with your tax payment. CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES ~ REv::; 36--iiC--AFP--{oi:.-o2i-----..-Niffic'E--oF--DETERMlifATION-AifD-AS-SESS-MENT------------------------ -- --- OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER .. ESTATE OF BUYER JOHN F FILE NO.21 01-0070 ACN 202 DATE 03-25-2002 ESTATE TAX DETERMINATION I. Credit For State Death Taxes as Verified 40,341.00 2. Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 162,928.92 3. Inheritance Tax Assessed by Other States or Territories of the United States (Excluding Discount and/or Interest) .00 4. Total Inheritance Tax Assessed 162,928.92 5. Pennsylvania Estate Tax Due .00 6. Amount of Pennsylvania Estate Tax Previously Assessed Based on Federal Estate Tax Return .00 7. Additional Pennsylvania Estate Tax Due .00 TAX CREDITS: PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) TOTAL TAX CREDIT .00 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 -IF PAID AFTER THIS DATE, SEE REVERSE SIDE (IF TOTAL DUE IS LESS THAN $1, NO PAYHENT IS REQUIRED FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.) ROBERT M FREY FREY & TILEY 5 S HANOVER ST CARLISLE PA 17013 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN '* BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG, PA 17128-0601 REV-7U EX AFP (01-02) 03-25-2002 BUYER 01-02-2001 21 01-0070 CUMBERLAND 202 JOHN F Amount Remitted MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES ~ REfV:73Er-Ex-~FP--[oi~-02)-----j(.-NoificEf-oF--DETEiiMIN~TiO-N-Aiiu-AS-SESS-HENif---------------------------- OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL CLOSING LETTER .. ESTATE OF BUYER JOHN F FILE NO.21 01-0070 ACN 202 DATE 03-25-2002 ESTATE TAX DETERMINATION 1. Credit For State Death Taxes as Verified 40,341.00 2. Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 162,928.92 3. Inheritance Tax Assessed by Other States or Territories of the United States (Excluding Discount and/or Interest) .00 4. Total Inheritance Tax Assessed 162,928.92 5. Pennsylvania Estate Tax Due .00 6. Amount of Pennsylvania Estate Tax Previously Assessed Based on Federal Estate Tax Return .00 7. Additional Pennsylvania Estate Tax Due f...._) .00 TAX CREDITS. '~".~.:) . ,", " PAYMENT 'RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) .-'''") c'-J ,......... \~-:;- :~. N , ;- p ~'~ :: ,....,... ~".., --..... TOTAL TAX CREDIT .00 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 -IF PAID AFTER THIS DATE, SEE REVERSE SIDE (IF TOTAL DUE IS LESS THAN $11 NO PAYMENT IS REQUIRED FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A uCREDITn (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) /6~dtJ3 --/ COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE ... dUREAU' OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. Z80601 HARRISBURG, PA 171Z8-0601 NOTICE OF INHERITANCE TAX APPRAISEMENT 1 ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN ROBERT M FREY FREY & TILEY 5 S HANOVER ST CARLISLE PA>17013 10-29-2001 BUYER 01-02-2001 21 01-0070 CUMBERLAND 101 *' REV-1547 EX AFP (12-00) JOHN F Allount Rellitted (1) (2) (3) (4) (5) (6) (7) .00 1,215,990.00 .00 .00 .00 .00 237.00 MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE1 PA 17013 CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ RE-V =iS4-j-ix--AFP--fi2-:oiir-NOY-ici--OF-'rNHiifiTAifci-y-AX-A-PPRA-isii"-ENT~--AL1-OWAtrCE-O-R----------- - - - - -- DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF BUYER JOHN F FILE NO. 21 01-0070 ACN 101 DATE 10-29-2001 TAX RETURN WAS: ( ) ACCEPTED AS FILED ( X) CHANGED SEE ATTACHED NOTICE RESERVATION CONCERNING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/Partnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adll. Costs/Misc. Expenses (Schedule H) 10. Debts/Mortgage Liabilities/Liens (Schedule I) 11. Total Deductions 12. Net Value of Tax Return 13. Charitable/Governllental Bequests; Non-elected 9113 Trusts (Schedule J) 14. Net Value of Estate Subject to Tax 771992.00 1.165.00 (11) (12) (13) (14) (9) (10) NOTE: To insure proper credit to your accountl subllit the upper portion of this forll with your tax paYllent. (8) 112161227.00 79.157 00 111371070.00 .00 111371070.00 NOTE: I~ an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will re~lect ~igures that include the total o~ ALL returns assessed to date. ASSESSMENT OF TAX: 15. Allount of Line 14 at Spousal rate (15) 16. Allount of Line 14 taxable at Lineal/Class A rate (16) 17. Allount of Line 14 at Sibling rate (17) 18. Allount of Line 14 taxable at Collateral/Class B rate (18) 19. Principal Tax Due TAX CREDITS: .00 X 00 = .00 .00 X 045 = .00 .00 X 12 = .00 1,1371070.00 X 15 = 1701560.50 (19)= 1701560.50 PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUHBER INTEREST/PEN PAID (-) 03-26-2001 AA478206 71631.58 1451000.00 09-17-2001 CDOO0269 .00 872.00 INTEREST IS CHARGED THROUGH 11-13-2001 TOTAL TAX CREDIT 153,503.58 AT THE RATES APPLICABLE AS OUTLINED ON THE BALANCE OF TAX DUE 171056.92 REVERSE SIDE OF THIS FORM INTEREST AND PEN. 176.95 TOTAL DUE 171233.87 . IF PAID AFTER DATE INDICATED 1 SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $11 NO PAYHENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR)I YOU HAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORH FOR INSTRUCTIONS.) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG PA 17128-0601 DECEDENT'S NAME REV-1470 EX (6-88) .. .. REVIEWED BY ITEM SCHEDULE NO. J 1,2 INHERITANCE TAX EXPLANA TION OF CHANGES Buyer, John F. FILE NUMBER Daniel Heck ACN 2101-0070 101 EXPLANATION OF CHANGES Changed tax rate from 12 percent to 15 percent since grand-nieces are collateral beneficiaries. ROW Page 1 \. / b -o2cJ $-- / BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. 280601 HARRISBURG I PA 17128-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF DETERMINATION AND ASSESSMENT OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN * REY-IiIS EX .FP H2-00> ROBERT M FREY FREY & TILEY 5 S HANOVER ST CARLISLE DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 10-29-2001 BUYER 01-02-2001 21 01-0070 CUMBERLAND 201 JOHN F Amount Rellitted PA 17013 MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credit to your account, submit the upper portion of this form with your tax payment. CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR FILES ...... RE-Y-: 4u--iic-AFP--fi2:.ooj-----..-Ncrfici--oF--IiETERMINATI'fti-Airi-ASSESSMENy------------------------ - - --- OF PENNSYLVANIA ESTATE TAX BASED ON FEDERAL ESTATE TAX RETURN .. ESTATE OF BUYER JOHN F FILE NO.21 01-0070 ESTATE TAX DETERMINATION ACN 201 DATE 10-29-2001 1. Credit For State Death Taxes as Verified 40,341.00 2. Pennsylvania Inheritance Tax Assessed (Excluding Discount and/or Interest) 162,928.92 3. Inheritance Tax Assessed by Other States or Territories of the United States (Excluding Discount and/or Interest) .00 4. Total Inheritance Tax Assessed 162,928.92 5. Pennsylvania Estate Tax Due .00 TAX CREDITS: PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) TOTAL TAX CREDIT .00 BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 -IF PAID AFTER THIS DATE, SEE REVERSE SIDE (IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED FOR CALCULATION OF ADDITIONAL INTEREST. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS.) Ik-- d~ 3,- / BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION DEPT. Z80601 HARRISBURG, PA 171Z8-0601 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE INHERITANCE TAX STATEMENT OF ACCOUNT ~~ *' REV-In7 EX AFP (12-00) Recoraed Register of of \rViH s DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN 11-26-2001 BUYER 01-02-2001 21 01-0070 CUMBERLAND 101 JOHN F .01 NOV 30 P 3 :20 ROBERT M FREY FREY 8 TILEY 5 S HANOVER ST CARLISLE Clerk ~c; .. (~.purt PAr11'llRfSriand c:o~:--' PA Allount Rellitted MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE, PA 17013 NOTE: To insure proper credit to your account, subllit the upper portion of this forll with your tax paYllent. CUT ALONG THIS LINE ~ RETAIN LOWER PORTION FOR YOUR RECORDS ~ RE-y-=i6o-j-ix--AFP-ci2"=ofir------...--iNifERITANCE--YAX--STA-fEME-tiy-OF'-Accouiff--...---------------- ----- ESTATE OF BUYER JOHN F FILE NO.21 01-0070 ACN 101 DATE 11-26-2001 THIS STATEMENT IS PROVIDED TO ADVISE OF THE CURRENT STATUS OF THE STATED ACN IN THE NAMED ESTATE. SHOWN BELOW IS A SUMMARY OF THE PRINCIPAL TAX DUE, APPLICATION OF ALL PAYMENTS, THE CURRENT BALANCE, AND, IF APPLICABLE, A PROJECTED INTEREST FIGURE. DATE OF LAST ASSESSMENT OR RECORD ADJUSTMENT: 10-29-2001 P R I NC I PAL TAX DUE: ........................................................................................................................................................................................................................... 170,560.50 PAYMENTS (TAX CREDITS): PAYMENT RECEIPT DISCOUNT (+) AMOUNT PAID DATE NUMBER INTEREST/PEN PAID (-) 03-26-2001 AA478206 7,631.58 145,000.00 09-17-2001 CDOO0269 .00 872.00 10-26-2001 CDOO0442 101.11- 17,233.87 TOTAL TAX CREDIT 170,636.34 BALANCE OF TAX DUE 75.84CR INTEREST AND PEN. .00 II IF PAID AFTER THIS DATE, SEE REVERSE TOTAL DUE 75.84CR SIDE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1, NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CRl.. YOU MAY BE DUE A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. l COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG. PA 17128-0601 REV-1162 EX(11-96) RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT M & T INVESTMENT GROUP 14 NORTH MAIN STREET CHAMBERSBURG, PA 17201 -------- fold ESTATE INFORMATION: SSN: 113-30-3527 FILE NUMBER: 21-2001- 0070 DECEDENT NAME: BUYER JOHN F DATE OF PAYMENT: 09/17/2001 POSTMARK DATE: 00/0010000 COUNTY: CUMBERLAND DATE OF DEATH: 01/02/2001 NO. CD 000269 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 I $872.00 I I I I I I I I TOTAL AMOUNT PAID: $872.00 REMARKS: M & T INVESTMENT GROUP CHECK#1040194 SEAL INITIALS: VZ RECEIVED BY: MARY C. LEWIS REGISTER OF WILLS REGISTER OF WILLS COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1162 EX(11-96) RECEIVED FROM: PENNSYLVANIA INHERITANCE AND ESTATE TAX OFFICIAL RECEIPT FREY ROBERT M 5 S HANOVER STREET CARLISLE, PA 17013 -------- fold ESTATE INFORMATION: SSN: 113-30-3527 FILE NUMBER: 21-2001- 0070 DECEDENT NAME: BUYER JOHN F DATE OF PAYMENT: 10/26/2001 POSTMARK DATE: 00/0010000 COUNTY: CUMBERLAND DATE OF DEATH: 01/02/2001 NO. CD 000442 ACN ASSESSMENT CONTROL NUMBER AMOUNT 101 I $17,233.87 I I I I I I I I TOTAL AMOUNT PAID: $17,233.87 REMARKS: ROBERT M FREY ESQUIRE CHECK# 754088 SEAL INITIALS: AC RECEIVED BY: MARY C. LEWIS REGISTER OF WILLS REGISTER OF WILLS it c..o o <"J 00 ,,". te;1' <( <{ o z >< <( .... w .... <(<( -.... ztn <(W >0 -Jz ~<( ZW zO WZ n.<( .... CE W :I: ~ ~ z ~ > ;>! ffi ~w~ 0 z:::>~ co wZ..J 0 ~g;~ ~ o~9 ;::::. 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I o COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-01-0070 ESTATE OF JOHN F. BUYER, DECEASED --------------------------------- --------------------------------- FIRST AND FINAL ACCOUNT OF Manufacturers and Traders Trust Co., Executor ================================================================================ Date of Death: January 2, 2001 Date of Executor's Appointment: January 16, 2001 Date of First Advertisement of Letters: January 16, 2001 Accounting for the Period: January 2, 2001 to February 28, 2002 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- . Purpose of Account: Manufacturers and Traders Trust Co., Executor, offers 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: John Schall, Trust Officer Manufacturers and Traders Trust Co. 14 N. Main Street Chambersburg, PA 17201 717/267-7625 GROSS ESTATE (Principal Receipts + Income Receipts) 407,811.18 SUMMARY OF ACCOUNT Estate of John F. Buyer, Deceased For Period of 01/02/2001 through 02/28/2002 Page Current Value Proposed Distributions to Beneficiaries 0.00 PRINCIPAL Receipts: Per Inventory Filed This Account 1-2 Net Gain (or Loss) on Sales or Other Disposition 3 Less Disbursements: Debts of Decedent 4 Funeral Expenses 4 Administration Expenses 5 Federal and State Taxes 5 Fees and Commissions 6 Family Exemption 1,204.20 32.17 1,202.15 310,448.87 77,648.00 0.00 Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand 7 For Information: Investments Made Changes in Investment Holdings 8 INCOME Receipts: This Account 9 Net Gain (or Loss) on Sales or Other Disposition Less Disbursements 10 Balance Before Distribution Distributions to Beneficiaries Income Balance on Hand 11 Investments Made Changes in Investment Holdings COMBINED BALANCE ON HAND SCHEDULE OF PROPOSED DISTRIBUTION 12 Fiduciary Acquisition Value 0.00 402,876.96 (47.64) 402,829.32 390,535.39 12,293.93 0.00 12,293.93 4,934.22 0.00 4,934.22 296.08 4,638.14 0.00 4,638.14 16,932.07 SCHEDULE A RECEIPTS OF PRINCIPAL CASH: 02/02/01 Elizabethtown College Charitable Gift Annuity - Distribution due at death acct. 11234 02/02/01 Elizabethtown College Charitable Gift Annuity - Distribution due at death acct. 11253 02/02/01 Elizabethtown College Charitable Gift Annuity - Distribution due at death acct. 11260 02/02/01 Elizabethtown College Charitable Gift Annuity - Distribution due at death acct. 11266 02/02/01 10/25/01 John Buyer Trust #411195605 John Buyer Trust #411195605 - For Inheritance tax 01/04/02 John Buyer Trust #411195605 - For fees, taxes & closing costs 02/15/01 New York State Employees Retirement - Pension due at death 03/05/01 New York State Employees Retirement - Survivor's benefit -1- 35.77 24.27 24.27 68.98 300,000.00 15,000.00 85,000.00 83.67 2,000.00 Fiduciary Acquisition Value 08/13/01 04/04/01 United States Treasury - Income tax refund - one-time tax relief 300.00 STOCKS/LISTED: 10.000 shares MetLife, Inc. 340.00 TOTAL RECEIPTS OF PRINCIPAL......... ...... -2- 402,536.96 340.00 402,876.96 SCHEDULE B GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL Gain 04/17/01 10.000 shares MetLife, Inc. Net Proceeds Fid. Acq. Value 292.36 340.00 TOTAL GAINS AND LOSSES/PRINCIPAL........... 0.00 LES S LO S S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47.64 NET GA IN OR LOS S. . . . . . . . . . . . . . . . . . . . . . . . . . . (47.64) -3- Loss 47.64 47.64 02/02/01 02/02/01 02/02/01 02/02/01 02/13/01 09/13/01 02/02/01 SCHEDULE C DISBURSEMENTS OF PRINCIPAL SCHEDULE C-l DEBTS OF DECEDENT Continuing Care RX - Drug expense 497.09 Graham Medical Clinic - Medical expense 6.42 Pinker and Associates - Medical expense 7.85 Presbyterian Homes, Inc. - Nursing home expense 643.56 Green Ridge Village - Nursing home expense 9.88 Swaim Health Center - Co-insurance due for 10/00 medical treatment 39.40 TOTAL DEBTS OF DECEDENT................. ........ .... SCHEDULE C-2 FUNERAL EXPENSES Hoffman-Roth Funeral Home - Funeral expenses over prepaid service 32.17 TOTAL FUNERAL EXPENSES............ . . . . . . . . . . . . . . . . . . -4- 1,204.20 32.17 04/03/01 09/07/01 02/21/02 02/28/02 03/13/01 03/13/01 03/27/01 09/07/01 09/07/01 10/29/01 SCHEDULE C-3 ADMINISTRATION EXPENSES Register of Wills - Fee for short certificate Register of Wills - Fee to file Inheritance tax return & copy of 706 return Frey & Tiley, Ptrs. - Reimbursement for probate costs $38, & advertising costs $146.15 RESERVE - For filing & miscellaneous closing costs 3.00 15.00 184.15 1,000.00 TOTAL ADMINISTRATION EXPENSES................... .... SCHEDULE C-4 FEDERAL AND STATE TAXES Pennsylvania Department of Revenue - Balance 2000 personal income tax United States Treasury - Balance 2000 personal income tax Register of Wills - Inheritance tax estimated payment Internal Revenue Service - Federal estate tax Register of Wills, Agent - PA Inheritance tax Register of Wills, Agent - Inheritance Tax for collateral heirs - tax computed at 15% - additional tax due estate 1,966.00 9,597.00 145,000.00 135,780.00 872.00 17,233.87 TOTAL FEDERAL AND STATE TAXES....................... -5- 1,202.15 310,448.87 02/28/02 02/28/02 SCHEDULE C-S FEES AND COMMISSIONS Manufacturers & Traders Trust Co. - Executor's fee - TO BE PAID 38,824.00 Robert M. Frey, Esq. - Attorney's fee - TO BE PAID 38,824.00 TOTAL FEES AND COMMISSIONS................ .......... TOTAL DISBURSEMENTS OF PRINCIPAL.. ....... ........ ... -6- 77,648.00 390,535.39 # Units Description PRINCIPAL BALANCE ON HAND Vision Instit. Prime Money Market -7- Current Value or as Noted 12,293.93 Fiduciary Acquisition Value 12,293.93 12,293.93 12,293.93 MetLife, Inc. 04/04/01 04/17/01 SCHEDULE F CHANGES IN INVESTMENT HOLDINGS - PRINCIPAL Cost 10.000 shares inventoried (10.000)shares sold 340.00 (340.00) 0.000 0.00 -8- SCHEDULE G RECEIPTS OF INCOME SCHEDULE G-2 INTEREST Vision Institutional Prime Money Market 03/01/01 04/03/01 04/03/01 05/01/01 05/01/01 06/01/01 06/01/01 07/02/01 07/02/01 08/01/01 08/01/01 09/04/01 09/04/01 10/02/01 10/02/01 11/01/01 11/01/01 12/03/01 12/03/01 01/02/02 01/02/02 02/01/02 02/01/02 1,003.04 1,150.76 4.04 549.57 7.64 9.43 525.02 459.93 9.68 444.43 10.77 415.01 11.31 130.19 10.95 10.36 23.15 10.82 7.93 9.42 6.93 117.42 6.42 TOTAL INTEREST INCOME........ ... .......... TOTAL RECEIPTS OF INCOME...... ............ -9- 4,934.22 4,934.22 4,934.22 02/15/02 SCHEDULE I DISBURSEMENTS OF INCOME Income Commission - Manuacturers & Traders Trust Co. - 4/4/01-2/15/02 296.08 TOTAL DISBURSEMENTS OF INCOME....... ........ ... 296.08 -10- 11 Units Description INCOME BALANCE ON HAND Vision Instit. Prime Money Market -11- Current Value or as Noted 4,638.14 Fiduciary Acquisition Value 4,638.14 4,638.14 4,638.14 # Units SCHEDULE OF PROPOSED DISTRIBUTION Current Value Fiduciary Acquisition Value or as Noted Per Item 3, of Last Will and Testament -- Residuary Balance to Manufacturers and Traders Trust Co. (Successor by Merger to Financial Trust Services Co.), Trustee Under Agreement dated June 17, 1985, and as subsequently amended: Principal Balance On Hand $ 12,293.93 $ 12,293.93 Income Balance On Hand 4,638.14 4,638.14 Combined Balance On Hand, Available For Distribution $ 16,932.07 $ 16,932.07 ------------ ------------ ------------ ------------ MANUFACTURERS AND TRADERS TRUST CO. (Successor by Merger to Financial Trust Services Co.), Executor By: ;;g;;;it/t John Schall, Trust Officer -12-