The URL can be used to link to this page

Home My WebLink About94-0754 . . . .. . . �. . . . . ... . .... . ... :.:.. , .._.. . ..-�..:, --� ............: . .._.. ...... .... ... . .. . . . ...... ........ . ... George F. Dixon Jr. ,��-GJ'�- �]�t� Qtip Trust , Proposed Schedule of Distribution Principal Balance per Subsequent Accounting 3,722,457.91 Additions Auditors Fee For Reallocation . 29,365.00 Balance Sub Total 3,751,822.91 Less Real Estate Frey Farm 232 Acres South Middleton Twp 374,000.00 Sheaffer Farm 129 Acres South Middleton Twp 1,850,000.00 Cash on hand 1,527,822.91 Marshall L Dixon 1/4 Share Frey Farm 232 Acres South Middleton Twp 93,500.00 Cumberland County 1/4 Share Sheaffer Farm 129 Acres South Middleton Twp 462,500.00 Cumberland County Cash 381,955.73 Plus auditor's fees Adjustment 7,341.25 Plus funds due from George Dixon III & Richard Dixon 73,357.50 Minus share auditors fee Portion of funds due from Estate uncashed check (6,935.47) advananced by trust on behalf of Estate (21,509.86) Net Cash 434,209.15 Total 990,209.15 Charlotte I Dixon 1/4 Share Frey Farm 232 Acres South Middleton Twp 93,500.00 Cumberland County 1/4 Share Sheaffer Farm 129 Acres South Middleton Twp 462,500.00 Cumberland County Cash 381,955.73 Plus auditor's fees Adjustment 7,341Z5 Minus share auditors fee Portion of funds due from Estate uncashed check (2,532.75) advananced by trust on behalf of Estate (7,855.14)�; Net Cash �8,�909.09 �--� � � � c, � -< Total � ^`, � 9 � �.09 rn � c-> _., r.� � �. rr rv ��M ��; r � rn � , . � �`' � d `.�'' C� �-;: �� ' C'j C7 -t3 -- O C _'�. t� � ��,,, r� 1"_ i�.i "� � }-� � r E D' � � George F. Dixon 1r. Qtip Trust Proposed Schedule of Distribution Richard E. Dixon 1/4 Share Frey Farm 232 Acres South Middleton Twp 93,500.00 Cumberland County 1/4 Share Sheaffer Farm 129 Acres South Middleton Twp 462,500.00 Cumberland County Plus auditor's fees Adjustment 7,341.25 Cash 381,955.72 Less 1/2 of award per Auditor's Recommendation (36,678.75) Net Cash 352,618.22 Tota I 908,618.22 George F Dixon III 1/4 Share Frey Farm 232 Acres South Middleton Twp 93,500.00 Cumberland County 1/4 Share Sheaffer Farm 129 Acres South Middleton Twp 462,500.00 Cumberland County Plus auditor's fees Adjustment 7,341.25 Cash 381,955.72 Less 1/2 of award per Auditor's Recommendation (36,678.75) Net Cash 352,618.22 Total 908,618.22 Income Balance per Subsequent Accounting Distributions 29,894.56 Marshall L Dixon 1/4 Share Income 7,473.64 Charlotte I Dixon 1/4 Share Income 7,473.64 Richard E Dixon 1/4 Share Income 7,473.64 George F Dixon III 1/4 Share Income 7,473.64 Total Income Distribution 29,894.56 6eorge F. Dixon Jr. qtip Trust � Propased Schedule of Distribution 1}Proposed distribution va(ues are as of 6J22/13 and subject ta char�ge due to market value fluctuation and subsequent receipts and disbursements 2�Cash represents the liquidatian af the mutual funds shown an page 21 ( Principal Balance On Hand )of the subsequent accounting �Zi -��I � `�� IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA. ORPHANS' COURT DIVISION TRUST UNDER AGREEMENT (QTIP) DATED MAY 16, 1985 AMENDED AUGUST 19, 1985 WITH GEORGE F. DIXON, JR. ------------------------------------------------- ------------------------------------------------- RECEIPTS AND DISBURSEMENTS SUBSEQUENT TO FIRST AND FINAL ACCOUNT OF MANUFACTURERS AND TRADERS TRUST COMPANY, SUCCESSOR TO ALLFIRST TRUST COMPANY OF PA, N.A., SUCCESSOR TO DAUPHIN DEPOSIT BANK AND TRUST COMPANY, RICHARD E. DIXON AND GEORGE F. DIXON, III, CO-TRUSTEES ----------------------------------------------------------------------- ----------------------------------------------------------------------- Date of Death: George F. Dixon, Jr. August 28, 1993 Lottie Dixon June 28, 2007 Date of First Receipt of Funds: February 18, 1994 Accounting for the period: August 20, 2008 to June 21, 2013 Purpose of Account: The Co-Trustees offer this Account to acquaint interested parties with the transactions that have occurred during the Administration. It is important that the Account be carefully examined. Requests for additional information, questions or objections can be discussed with: Joseph A. Macri, Vice President Manufacturers and Traders Trust Company 213 Market Street Harrisburg, PA 17101 (717) 255-2174 =; :�. n ^ w � I�'t � '� �- 4§I �rv"5 or C W =� ' __; � ccl� - Mark D. Bradshaw, Esquire � � r" N �� ?:; Stevens & Lee p � � � %'�-' "° 17 North Second Street � � � p t::, 16th Floor � � C� � �` ��-; Harrisburg, PA 17101 � � ._�: c;;: (717) 234-1090 . � � `. �" -D � �a �J«3 {; D• �p '� - 1 - ,� � SUNIl�lARY OF ACCOUNT PAGES PRINCIPAL Receipts 3-4 $ 5,514,612.87 Net Gain on Sales or Disposition 5-9 134,330.81 $ 5,648,943.68 Decrease in Reappraisement 10-12 -276.68 $ 5,648, 667.00 Less Disbursements: Fiduciary Fees 13-14 $ 23, 654.31 Legal Fees 15 24,528.96 Federal State & Local Taxes 15-17 24,113.00 General Disbursements 17 31,767.85 Administration - Misc. Exp. 17-19 350,001.69 -454,065.81 Balance before Distributions $ 5,194,601.19 Distributions to Beneficiaries 20 -1,472,143.28 Principal Balance on Hand 21 $ 3,722,457.91 For Information: Investments Made 22-24 Changes in Holdings 25-33 INCOME Receipts 34-40 $ 369,594.71 Less Disbursements 41-51 -177,700.15 Balance before Distributions $ 191,894.56 Distributions to Beneficiaries 52 -162,000.00 Income Balance on Hand 53 $ 29,894.56 COMBINED BALANCE ON HAND $ 3,752,352.47 ---------------- ------------------ Verification 54-56 - 2 - PRINCIPAI, RECEIPTS ASSETS AS PER FIRST AND FINAL ACCOUNTING ADJUDICATED: Real Estate Frey Farm 232 Acres South Middleton Twp Cumberland County $ 374, 000.00 Sheaffer Farm 129 Acres South Middleton Twp Cumberland County 1,850,000.00 Bonds $50,000 Harrison Township PA Water 4� due 12/1/13 50,000.00 $50,000 Keystone Oaks PA School District 3.8g due 2/15/12 49,747.50 $50,000 King & Snohomish Counties Washington School District #417 Northshore Series C 5g due 6/15/10 50, 152.14 $50,000 Maryland State Industrial Development Financing Authority Revenue Refunding-American Center for Physics Facility 4.3g due 12/15/10 50,034.51 $50,000 Pittsburgh PA Refunding Series D FGIC 4.6a due 9/1/12 50,018.19 $50,000 St. Mary's County Maryland Consolidated Public Improvement 4� due 7/1/10 50,071.84 Mortaaaes George & Kimberly Dixon 3rd Mortgage 3302 County Rd 7.5°s due 6/30/25 98,443.42 George & Kimberly Dixon Note dtd 5/16/95 8.125g due 6/30/10 242,460.74 FORWARD $ 2,864,928.34 - 3 - PRINCIPAL RECEIPTS (cont'd) FORWARD $ 2,864, 928.34 Mutual Funds 10,416.419 Shs. MTB PA Municipal Bond-Inst I Fund #476 103,435.04 $ 2,968,363.38 Principal Cash 2,412,063.48 $ 5,380,426.86 SUBSEQUENT RECEIPTS CASH: 03/17/10 Proceeds from Lucent Technologies Class Action Settlement $ 57.39 07/08/11 Proceeds from Lucent Technologies Class Action Settlement 11.39 06/20/13 Received from Lottie Ivy Dixon Account - Back Interest & Late Charges 134,117.23 134,186.01 TOTAL PRINCIPAL RECEIPTS $ 5,514, 612.87 ------------------ ------------------ - 4 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS GAIN LOSS 09/19/08 $50,000 Pittsburgh PA Refunding Series D FGIC 4.6� due 9/1/12 Net Proceeds 50,000.00 Acquisition Value 50,000.00 12/03/08 Long Term Capital Gain Distribution on MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 1,667.09 Acquisition Value .00 $ 1,667.09 12/15/08 $50,000 King & Snohomish Counties Washington School District #417 Northshore Series C 5g due 6/15/10 Net Proceeds 50,000.00 Acquisition Value 50,000.00 04/08/09 $50,000 Keystone Oaks PA School District 3.8o due 2/15/12 Net Proceeds 50,000.00 Acquisition Value 49,747.50 252.50 12/16/09 111,386.139 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 1,125,000.00 Acquisition Value 1,067,966.02 57,033.98 12/22/09 George & Kimberly Dixon Note dtd 5/16/95 8.125g due 6/30/10 - Paid in full Net Proceeds 242,460.74 Acquisition Value 242,460.74 12/23/09 George & Kimberly Dixon 3rd Mortgage 3302 County Rd 7.5$ due 6/30/25 - Paid in full Net Proceeds 98,443.42 Acquisition Value 98,443.42 03/26/10 49,504.951 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 500,000.00 Acquisition Value 474,651.57 25,348.43 FORWARD $ 84,302.00 - 5 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont'd) GAIN LOSS FORWARD $ 84,302.00 04/07/10 4,970.179 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,653.89 2,346.11 04/08/10 4,970.179 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,653.89 2,346.11 04/09/10 4,965.243 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 ' Acquisition Value 47,606.56 2,393.44 04/12/10 4,965.244 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,606.57 2,393.43 04/13/10 4,965.243 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,606.56 2,393.44 04/14/10 4,960.317 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,559.33 2,440.67 04/15/10 4,955.401 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,512.19 2,487.81 04/16/10 4,955.401 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,512.19 2,487.81 FORWARD $ 103,590.82 - 6 - PRINCIPAL GAIN3 OR LOSSES ON SALE3 OR OTHER DISPOSITIONS (cont'd) GAIN LOSS FORWARD $ 103,590.82 04/19/10 4,955.401 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,512.19 2,487.81 04/20/10 4,950.495 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,465.16 2,534.84 04/21/10 4,950.495 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,465.16 2,534.84 04/22/10 4,945.598 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,418.20 2,581.80 04/23/10 4,940.711 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,371.35 2, 628.65 04/26/10 4,945.598 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,418.20 2,581.80 04/27/10 4,940.711 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,371.35 2,628.65 04/28/10 4,935.834 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,324.59 2,675.41 FORWARD $ 124,244.62 - 7 - PRINCIPAL GAINS OR LOSSE3 ON SALES OR OTHER DISPOSITION3 (cont'd) GAIN LOSS FORWARD $ 124,244.62 04/29/10 4,935.834 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,324.59 2,675.41 04/30/10 4,935.834 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 50,000.00 Acquisition Value 47,324.58 2,675.42 05/03/10 8,633.534 Shs. MTB PA Municipal Bond-Inst I Fund #476 Net Proceeds 87,457.70 Acquisition Value 82,777.99 4,679.71 05/05/10 797.607 Shs. Federated Muni Ultrashort Fd Inst Net Proceeds 8,000.00 Acquisition Value 7,999.19 .81 06/10/10 314.07 Shs. Vanguard Short-Term Tax-Exempt Fund #41 Net Proceeds 5,000.00 Acquisition Value 4,997.67 2.33 07/01/10 $50,000 St. Mary's County Maryland Consolidated Public Improvement 4g due 7/1/10 Net Proceeds 50,000.00 Acquisition Value 50,000.00 12/15/10 $50,000 Maryland State Industrial Development Financing Authority Revenue Refunding-American Center for Physics Facility 4.3� due 12/15/10 Net Proceeds 50,000.00 Acquisition Value 50,000.00 Ol/10/11 $50,000 Harrison Township PA Water 4� due 12/1/13 Net Proceeds 50,000.00 Acquisition Value 50,000.00 FORWARD $ 134,278.30 - 8 - PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISP03ITIONS (cont'd) GAIN LOSS FORWARD $ 134,278.30 05/31/13 1,491.054 Shs. Federated Muni Ultrashort Fd Inst Net Proceeds 15,000.00 Acquisition Value 14,953.77 46.23 06/18/13 298.507 Shs. Federated Muni Ultrashort Fd Inst Net Proceeds 3,000.00 Acquisition Value 2,993.72 6.28 TOTALS $ 134,330.81 $ .00 ----------------- ----------------- ----------------- ----------------- NET GAIN TRANSFERRED TO SUMMARY $ 134,330.81 ----------------- ----------------- � - 9 - PRINCIPAL REAPPRAISEMENT ACCOUNT REAPPRAISED VALUE VALUE REAPPRAISED AS OF 09/02/08 $50,000 Pittsburgh PA Refunding Series D FGIC 4.6� due 9/1/12 - Current Year ' Amortization $ 50,018.19 $ 50,009.21 $50,000 Pittsburgh PA Refunding Series D FGIC 4.6� due 9/1/12 - Current Year Amortization 50,009.21 50,000.00 REAPPRAISED AS OF 12/15/08 $50,000 King & Snohomish Counties Washington School District #417 Northshore Series C 5� due 6/15/10 - Current Year Amortization 50,152.14 50,000.00 $50,000 Maryland State Industrial Development Financing Authority Revenue Refunding-American Center for Physics Facility 4.3o due 12/15/10 - Current Year Amortization 50, 034.51 50,027.99 REAPPRAISED AS OF 01/02/09 $50,000 St. Mary's County Maryland Consolidated Public Improvement 4o due 7/1/10 - Current Year Amortization 50,071.84 50,054.40 REAPPRAISED AS OF 06/15/09 $50,000 Maryland State Industrial Development Financing Authority Revenue Refunding-American Center for Physics Facility 4.3% due 12/15/10 - Current Year Amortization 50,027.99 50,021.21 FORwARD S 300,313.88 $ 300,112.81 - 10 - PRINCIPAL REAPPRAISEMENT (cont'd) ACCOUNT REAPPRAISED VALUE VALUE FORWARD $ 300,313.88 $ 300,112. 81 REAPPRAISED AS OF 07/O1/09 $50,000 St. Mary's County Maryland Consolidated Public Improvement 4$ due 7/1/10 - Current Year Amortization $ 50,054.40 $ 50,036. 62 REAPPRAISED AS OF 12/15/09 $50,000 Maryland State Industrial Development Financing Authority Revenue Refunding-American Center for Physics Facility 4.3$ due 12/15/10 - Current Year Amortization 50,021.21 50,014.29 REAPPRAISED AS OF O1/04/10 $50,000 St. Mary's County Maryland Consolidated Public Improvement 4� due 7/1/10 - Current Year Amortization 50,036.62 50,018.51 REAPPRAISED AS OF 06/15/10 $50,000 Maryland State Industrial Development Financing Authority Revenue Refunding-American Center for Physics Facility 4.3� due 12/15/10 - Current Year Amortization 50,014.29 50,007.22 REAPPRAISED AS OF 07/01/10 $50,000 St. Mary's County Maryland Consolidated Public Improvement 4� due 7/1/10 - Current Year Amortization 50,018.51 50,000.00 FORWARD $ 550,458.91 $ 550,189.45 - 11 - PRINCIPAL REAPPRAISEMENT (cont'd) ACCOUNT REAPPRAISED VALUE VALUE FORWARD $ 550,458.91 $ 550,189.45 REAPPRAISED AS OF 12/15/10 $50,000 Maryland State Industrial Development Financing Authority Revenue Refunding-American Center for Physics Facility 4.3� due 12/15/10 - Current Year Amortization $ 50,007.22 $ 50,000.00 TOTALS $ 600,466.13 $ 600,189.45 DECREASE TRANSFERRED TO SUMMARY PAGE 276. 68 $ 600,466.13 $ 600,466.13 --------------- --------------- --------------- --------------- - 12 - DISBUR3EMENT3 OF PRINCIPAL FIDUCIARY FEES Manufacturers and Traders Trust Companv Real Estate Administration Fee 08/21/08 2008 Springville Rd Property $ 275.00 08/21/08 2008 Adams Rd Property 275.00 10/15/08 2008 Country Rd Mortgages 120.00 08/14/09 2009 Springville Rd and Adams Rd Properties 550.00 10/06/09 2009 Country Rd Mortgages 240.00 08/10/10 2010 Springville Rd and Adams Rd Properties 550.00 08/15/11 2011 Springville Rd and Adams Rd Properties 550.00 $ 2,560.00 Manufacturers and Traders Trust Company Trustee Fee 10/08/12 $ 1,413.92 11/06/12 1,412.76 12/06/12 1,413.32 O1/07/13 1,405.47 02/06/13 1,398.09 03/06/13 1,397.86 04/08/13 1,393.36 05/06/13 1,381.89 06/06/13 1,371.28 12,587.95 FORWARD $ 15,147.95 - 13 - DISBIIR3EMENTS OF PRINCIPAL (cont'd) FORWARD $ 15,147.95 FIDUCIARY FEES (cont'd) Georae Dixon, III - Co-Trustee Fee 10/08/12 $ 270.80 11/06/12 270.28 12/06/12 270.53 Ol/07/13 579.96 02/06/13 576.64 03/06/13 576.54 04/08/13 574.51 05/06/13 569.35 06/06/13 564.57 4,253.18 Richard E. Dixon - Co-Trustee Fee 10/08/12 $ 270.80 11/06/12 270.28 12/06/12 270.53 O1/07/13 579.96 02/06/13 576.64 03/06/13 576.54 04/08/13 574.51 05/06/13 569.35 06/06/13 564.57 4,253.18 $ 23,654.31 FORWARD $ 23,654.31 - 14 - " DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 23, 654.31 LEGAL FEES Rhoads & Sinon, LLP - Attornev Fee 10/17/08 Matter #2 $ 1,925.18 10/17/08 Matter #4 - Sale of Farm 1,109.84 11/17/08 2,754.97 12/17/08 Sale of Farm 1,268.00 O1/14/09 4,028.20 02/12/Q9 Matter #2 1,713.37 03/13/09 Matter #4 - Sale of Farm 2, 948.80 03/13/09 Matter #2 3, 972.71 04/01/09 2,268.31 05/20/09 Matter #4 923.40 07/07/09 Matter #4 - Sale of Farm 596.85 23,509.63 Central PA Court Reportinq Services 04/22/10 Original Transcript & Attendance Fee 575.39 Filius & McLucas ReportincT Service 04/22/10 Transcription 443.94 24,528.96 FEDERAL STATE & LOCAL TAXES Internal Revenue Service Federal Fiduciarv Income Tax 04/09/09 2008 Balance Due $ 233.00 FoRwAxD $ 233.00 S 48,183.27 - 15 - DISBURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 233.00 $ 48,183.27 FEDERAL STATE & LOCAL TAXES (cont'd) Internal Revenue Service Federal Fiduciarv Income Tax (cont'd) 04/09/10 2009 Balance Due 8,557.00 06/09/10 2nd Quarter Estimated 3,612.00 09/10/10 3rd Quarter Estimated 2,140.00 Ol/12/11 4th Quarter Estimated 2,140.00 04/11/11 2010 Balance Due 3,507.00 20,189.00 Pennsvlvania Department of Revenue State Fiduciarv Income Tax 04/09/09 2008 Balance Due $ 51.00 06/11/09 2nd Quarter Estimated 9.00 09/10/09 3rd Quarter Estimated 4.00 04/09/10 2009 Balance Due 1,102.00 06/09/10 2nd Quarter Estimated 553.00 09/10/10 3rd Quarter Estimated 366.00 12/28/10 4th Quarter Estimated 366.00 04/11/11 2010 Balance Due 1,238.00 09/09/11 3rd Quarter Estimated 1.00 12/29/11 4th Quarter Estimated 1.00 04/11/12 2011 Balance Due 139.00 04/12/12 2011 Balance Due 418.00 10/19/12 2011 Refund -419.00 FORWARD $ 3,829.00 $ 20,189.00 $ 48,183.27 - 16 - DI3BUR3EMENT3 OF PRINCIPAL (cont'd) FORWARD $ 3,829.00 $ 20,189.00 $ 48,183.27 FEDERAL STATE & LOCAL TAXES (cont'd) PennsVlvania Department of Revenue State Fiduciarv Income Tax (cont'd) 04/09/13 2012 Balance Due 95.00 3,924.00 24,113.00 GENERAL DISBURSEMENTS Transfer to Income 12/21/09 $ 27,856.72 04/09/10 349.00 11/16/11 3,562.13 31,767.85 31,767.85 ADMINISTRATION - MISC. EXPENSES Ad-iustments to First and Final Accountinq 08/21/08 Refund of Federal Estate Tax from Lottie Dixon Estate - Anticipated on First and Final Accounting - Never Received $ 137,812.50 08/21/08 Correction of Reappraisement to Book Value on Mortgages per First and Final Accounting 1,294.95 139,107.45 Donald E. Diehl Realtor - Real Estate ExAense 04/18/13 Sheaffer Farm 129 Acres S. - Repairs per Donald Diehl Invoice #1 150.00 FORWARD $ 139,257.45 $ 104,064.12 - 17 - DISBUR3EMENTS OF PRINCIPAL (cont'd) � FORWARD $ 139,257.45 $ 104,064.12 ADMINISTRATION - MISC. EXPENSES (cont'd) F.T. Kiltlinski & Associates Incorporated - Real Estate Expense 06/05/13 Sheaffer Farm 129 Acres S - Sinkhole Repair 750.00 Land DesicTn & Division Ltd - Real Estate Expense 12/12/12 Sheaffer Farm 129 Acres - Deposit per Invoice #2008-806-1 $ 14,520.00 O1/25/13 Sheaffer Farm 129 Acres - Payment on Account per Invoice #2008-806-2 11,615.00 03/11/13 Sheaffer Farm 8,837.50 04/11/13 Sheaffer Farm 129 Acres S Payment on Account through April 5th 17,707.50 05/30/13 Sheaffer Farm 129 Acres S - Payment on Account for Invoice #2008-806-5 15,298.50 67,978.50 Cumberland Countv ReQister of Wills O1/28/09 Filing of First and Final Account 7,430.00 Rhoads & Sinon, LLP - Attornev Fee O1/30/09 Reimbursement of Additional Filing Fees 65.00 Cumberland Geoscience Consultants - Professional Enaineerincr Services 02/02/09 Sheaffer Farm $ 393.00 02/03/09 Sheaffer Farm 393.00 786.00 FORWARD $ 216,266.95 $ 104,064.12 - 18 - DI3BURSEMENTS OF PRINCIPAL (cont'd) FORWARD $ 216,266.95 $ 104,064.12 ADMINISTRATION - MISC. EXPENSES (cont'd) Duffield Associates - ConsultinQ Work 11/17/08 Sheaffer Farm $ 1,253.89 12/05/08 Sheaffer Farm 1,801.25 04/02/09 Sheaffer Farm 922.25 04/06/09 Refund -393.00 3,584.39 Earth Resources Associates Incorporated - Professional Services Rendered 12/29/08 Sheaffer Farm 1,158.92 Mid-Atlantic Valuation Group Incorporated 03/29/12 Appraisal & Development Consultation on Sheaffer Farm 129 Acres South Middleton Twp Cumberland County 6,500.00 South Middleton Township 12/O1/08 Sheaffer Farm - Hydrogeolic and Carbonate Hazard Review 700.00 Wavne F. Shade, Esauire - Auditor's Fee 07/03/12 29,365.00 RESERVES: Rhoads & Sinon - Legal Fee $ 27,514.59 Stevens & Lee - Legal Fee 64,911.84 92,426.43 350,001.69 TOTAL DISBURSEMENTS OF PRINCIPAL $ 454,065.81 - 19 - DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES Georcte Dixon, III - Distribution 12/22/09 $ 375,000.00 12/22/09 Less Interest Paid on Mortgages -27,856.72 $ 347,143.28 Marshall Dixon - Distribution 12/18/09 375,000.00 Charlotte Ivv Dixon - Distribution 12/18/09 375,000.00 Richard Dixon - Distribution 12/18/09 375,000.00 TOTAL DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES $ 1,472,143.28 --------------- --------------- - 20 - PRINCIPAL BAI,ANCE ON HAND FIDUCIARY VALUE AT ACQUISITION 06/21/2013 VALUE Real Estate Frey Farm 232 Acres South Middleton Twp Cumberland County $ 374,000.00 $ 374,000.00 Sheaffer Farm 129 Acres South Middleton Twp Cumberland County 1,850,000.00 1,850,000.00 Mutual Funds 71,547.908 Shs. Federated Muni Ultrashort Fd Inst 717,625.52 717,553.32 46,409.917 Shs. Vanguard Short-Term Tax-Exempt Fund #41 734,668.99 738,502.33 $ 3,676,294.51 $ 3,680,055.65 CASH (AUTOMATICALLY INVESTED) 42,402.26 42,402.26 TOTAL PRINCIPAL BALANCE ON HAND $ 3,718,696.77 $ 3,722,457. 91 ------------------ ------------------ ------------------ ------------------ - 21 - PRINCIPAL INVE3TMENTS MADE 10/08/08 123,036.649 Shs. MTB PA Municipal Bond-Inst I Fund #476 $ 1,175,000.00 10/28/08 84,210.526 Shs. MTB PA Municipal Bond-Inst I Fund #476 800,000.00 12/03/08 176.225 Shs. MTB PA Municipal Bond-Inst I Fund #476 1,667.09 04/O1/09 30,737.705 Shs. MTB PA Municipal Bond-Inst I Fund #476 300,000.00 04/22/09 10,090.818 Shs. MTB PA Municipal Bond-Inst I Fund #476 100,000.00 03/26/10 24,925.225 Shs. Federated Muni Ultrashort Fd Inst 250,000.00 03/26/10 15,703.518 Shs. Vanguard Short-Term Tax-Exempt Fund #41 250,000.00 04/07/10 2,492.523 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/07/10 1,572.327 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/08/10 1,572.327 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/08/10 2,495.01 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/09/10 2,495.01 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/09/10 1,572.327 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/12/10 1,572.327 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/12/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/13/10 1,572.327 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 FoRwARD S 3,101,667.09 - 22 - PRINCIPAL INVESTMENTS MADE (cont'd) FORWARD $ 3,101,667.09 04/13/10 2,495.01 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/14/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/14/10 1,572.327 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/15/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/15/10 1,572.327 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/16/10 2,492.523 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/16/10 1,571.339 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/19/10 1,571.339 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/19/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/20/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/20/10 1,571.339 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/21/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/21/10 1,571.339 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/22/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/22/10 1,571.339 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 FORWARD $ 3,476,667.09 - 23 - PRINCIPAL INVESTMENTS MADE (cont'd) FORWARD $ 3,476,667.09 04/23/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/23/10 1,571.339 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/26/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/26/10 1,571.339 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/27/10 1,571.339 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/27/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/28/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/28/10 1,570.352 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/29/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 04/29/10 1,570.352 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/30/10 1,570.352 Shs. Vanguard Short-Term Tax-Exempt Fund #41 25,000.00 04/30/10 2,492.522 Shs. Federated Muni Ultrashort Fd Inst 25,000.00 05/03/10 4,336.989 Shs. Federated Muni Ultrashort Fd Inst 43,500.00 05/03/10 2,732.412 Shs. Vanguard Short-Term Tax-Exempt Fund #41 43,500.00 TOTAL PRINCIPAL INVESTMENTS MADE $ 3,863,667.09 --------------- --------------- - 24 - CHANGE3 IN PRINCIPAL HOI,DING3 ACCOUNT VALUE Federated Muni Ultrashort Fd Inst 03/26/10 24,925.225 Shs. Purchased $ 250,000.00 04/07/10 2,492.523 Shs. Purchased 25,000.00 27,417.748 Shs. $ 275,000.00 04/08/10 2,495.01 Shs. Purchased 25,000.00 29,912.758 Shs. $ 300,000.00 04/09/10 2,495.01 Shs. Purchased 25, 000.00 32,407.768 Shs. $ 325,000.00 04/12/10 2,492.522 Shs. Purchased 25,000.00 34,900.29 Shs. $ 350,000.00 04/13/10 2,495.01 Shs. Purchased 25, 000.00 37,395.3 Shs. $ 375,000.00 04/14/10 2,492.522 Shs. Purchased 25,000.00 39,887.822 Shs. $ 400,000.00 04/15/10 2,492.522 Shs. Purchased 25, 000.00 42,380.344 Shs. $ 425,000.00 04/16/10 2,492.523 Shs. Purchased 25,000.00 44,872.867 Shs. $ 450,000.00 04/19/10 2,492.522 Shs. Purchased 25,000.00 47,365.389 Shs. $ 475,000.00 04/20/10 2,492.522 Shs. Purchased 25,000.00 49,857.911 Shs. $ 500,000.00 04/21/10 2,492.522 Shs. Purchased 25,000.00 52,350.433 Shs. $ 525,000.00 04/22/10 2,492.522 Shs. Purchased 25,000.00 54,842.955 Shs. $ 550,000.00 04/23/10 2,492.522 Shs. Purchased 25,000.00 57,335.477 Shs. $ 575,000.00 04/26/10 2,492.522 Shs. Purchased 25,000.00 59,827.999 Shs. $ 600,000.00 - 25 - CHANGES IN PRINCIPAL HOLDING3 (cont'd) ACCOUNT VALUE Federated Muni Ultrashort Fd Inst (cont'd) 04/27/10 2.492.522 Shs. Purchased $ 25,000.00 62,320.521 Shs. $ 625,000.00 04/28/10 2,492.522 Shs. Purchased 25,000.00 64,813.043 Shs. $ 650,000.00 04/29/10 2,492.522 Shs. Purchased 25,000.00 67,305.565 Shs. $ 675,000.00 04/30/10 2,492.522 Shs. Purchased 25,000.00 69,798.087 Shs. $ 700,000.00 05/03/10 4,336.989 Shs. Purchased 43,500.00 74,135.076 Shs. $ 743,500.00 05/05/10 797.607 Shs. Sold -7, 999.19 73,337.469 Shs. $ 735,500.81 05/31/13 1,491.054 Shs. Sold -14, 953.77 71,846.415 Shs. $ 720,547.04 06/18/13 298.507 Shs. Sold -2, 993.72 71,547.908 Shs. $ 717,553.32 --------------------- ------------------ --------------------- ------------------ Frev Farm 232 Acres South Middleton Twn Cumberland Countv 0 Received $ 374,000.00 ------------------ ------------------ - 26 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Georqe & Kimberlv Dixon 3rd Mortqaqe 3302 Countv Rd 7.5� due 6/30/25 0 Received $ 98, 443.42 12/23/09 Paid in full -98,443.42 0 $ 0.00 ------------------ ------------------ Georae. & Kimberlv Dixon Note dtd 5/16/95 8.125$ due 6/30/10 0 Received $ 242,460.74 12/22/09 Paid in full -242,460.74 0 $ 0.00 ------------------ ------------------ Harrison Township PA Water 4g due 12/1 13 $50,000 Received $ 50,000.00 O1/10/11 $50,000 Full Call -50,000.00 $0 $ 0.00 --------------------- ------------------ --------------------- ------------------ Kevstone Oaks PA School District 3.8g due 2/15/12 $50,000 Received $ 49,747.50 04/08/09 $50,000 Full Call -49.747.50 $0 $ 0.00 --------------------- ------------------ --------------------- ------------------ - 27 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE Kina & Snohomish Counties Washincxton School District #417 Northshore Series C 5� due 6/15/10 $50,000 Received $ 50,152.14 12/15/08 Current Year Amortization -152.14 $50,000 $ 50,000.00 12/15/08 $50,000 Full Call -50,000.00 $0 $ 0.00 M_aryland State Industrial Development FinancinQ Authoritv Revenue RefundincT-American Center for Phvsics Facilitv 4.3o due 12/15/10 $50,000 Received $ 50,034.51 12/15/08 Current Year Amortization -6.52 $50,000 $ 50,027.99 06/15/09 Current Year Amortization -6.78 $50,000 $ 50,021.21 12/15/09 Current Year Amortization -6.92 $50,000 $ 50,014.29 06/15/10 Current Year.Amortization -7.07 $50,000 $ 50,007.22 12/15/10 Current Year Amortization -7.22 $50,000 $ 50,000.00 12/15/10 $50,000 Matured -50,000.00 $0 $ 0.00 - 28 - CHANGES IN PRINCIPAL HOI,DINGS (cont'd) ACCOUNT VALUE MTB PA Municipal Bond-Inst I Fund #476 10,416.419 Shs. Received $ 103,435.04 10/08/08 123,036.649 Shs. Purchased 1,175,000.00 133,453.068 Shs. $ 1,278,435.04 10/28/08 84,210.526 Shs. Purchased 800,000.00 217,663.594 Shs. $ 2,078,435.04 12/03/08 176.225 Shs. Reinvested Capital Gain 1, 667.09 217,839.819 Shs. $ 2,080,102.13 12/03/08 Long Term Capital Gain Distribution 0.00 217,839.819 Shs. $ 2,080,102.13 04/O1/09 30,737.705 Shs. Purchased 300,000.00 248,577.524 Shs. $ 2,380,102.13 04/22/09 10,090.818 Shs. Purchased 100,000.00 258,668.342 Shs. $ 2,480,102.13 12/16/09 111,386.139 Shs. Sold -1,067, 966.02 147,282.203 Shs. $ 1,412,136.11 03/26/10 49,504.951 Shs. Sold -474,651.57 97,777.252 Shs. $ 937,484.54 04/07/10 4,970.179 Shs. Sold -47,653.89 92,807.073 Shs. $ 889,830.65 04/08/10 4,970.179 Shs. Sold -47,653.89 87,836.894 Shs. $ 842,176.76 04/09/10 4,965.243 Shs. Sold -47,606.56 82,871.651 Shs. $ 794,570.20 04/12/10 4, 965.244 Shs. Sold -47,606.57 77,906.407 Shs. $ 746,963.63 04/13/10 4,965.243 Shs. Sold -47,606.56 72,941.164 Shs. $ 699,357.07 04/14/10 4,960.317 Shs. Sold -47,559.33 67,980.847 Shs. $ 651,797.74 - 29 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE MTB PA Municipal Bond-Inst I Fund #476 (cont'd) 04/15/10 4,955.401 Shs. Sold $ -47,512.19 63,025.446 Shs. $ 604,285.55 04/16/10 4,955.401 Shs. Sold -47,512.19 58,070.045 Shs. $ 556,773.36 04/19/10 4,955.401 Shs. Sold -47, 512.19 53,114.644 Shs. $ 509,261.17 04/20/10 4, 950.495 Shs. Sold -47, 465.16 48,164.149 Shs. $ 461,796.01 04/21/10 4, 950.495 Shs. Sold -47, 465.16 43,213.654 Shs. $ 414,330.85 04/22/10 4, 945.598 Shs. Sold -47. 418.20 38,268.056 Shs. $ 366, 912.65 04/23/10 4, 940.711 Shs. Sold -47,371.35 33,327.345 Shs. $ 319,541.30 04/26/10 4,945.598 Shs. Sold -47, 418.20 28,381.747 Shs. $ 272,123.10 04/27/10 4, 940.711 Shs. Sold -47,371.35 23,441.036 Shs. $ 224,751.75 04/28/10 4,935.834 Shs. Sold -47, 324.59 18,505.202 Shs. $ 177,427.16 04/29/10 4, 935.834 Shs. Sold -47.324.59 13,569.368 Shs. $ 130,102.57 04/30/10 4,935.834 Shs. Sold -47,324.58 8,633.534 Shs. $ 82,777.99 05/03/10 8,633.534 Shs. Sold -82.777.99 0.0 Shs. $ 0.00 - 30 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) � ACCOUNT VALUE Pittsburqh PA Refundina Series D FGIC 4.6$ due 9/1/12 $50,000 Received $ 50, 018.19 09/02/08 Current Year Amortization -9.21 $50,000 $ 50, 008.98 09/02/08 Current Year Amortization -g.gg $50,000 $ 50,000.00 09/19/08 550,000 Full Call -50, 000.00 $0 $ 0.00 --------------------- ------------------ --------------------- ------------------ Sheaffer Farm 129 Acres South Middleton Twp Cumberland Countv 0 Received $ 1,850, 000.00 St. Marv's Countv Marvland Consolidated Public Improvement 4% due 7/1/10 $50,000 Received $ 50,071.84 O1/02/09 Current Year Amortization -17.44 $50,000 $ 50,054.40 07/O1/09 Current Year Amortization -17.78 $50,000 $ 50,036.62 Ol/04/10 Current Year Amortization -18.11 $50,000 $ 50,018.51 - 31 - CHANGES IN PRINCIPAL HOLDINGS (cont'd) ACCOUNT VALUE St. Marv's Countv Marvland Consolidated Public Improvement 4� due 7/1/10 (cont'd) 07/O1/10 Current Year Amortization $ -18.51 $50,000 $ 50,000.00 07/Ol/10 $50,000 Matured -50,000.00 $0 $ 0.00 --------------------- ------------------ --------------------- ------------------ Vanquard Short-Term Tax-ExemAt Fund #41 03/26/10 15,703.518 Shs. Purchased $ 250,000.00 04/07/10 1,572.327 Shs. Purchased 25,000.00 17,275.845 Shs. $ 275,000.00 04/08/10 1,572.327 Shs. Purchased 25, 000.00 18,848.172 Shs. $ 300,000.00 04/09/10 1,572.327 Shs. Purchased 25,000.00 20,420.499 Shs. $ 325,000.00 04/12/10 1,572.327 Shs. Purchased 25, 000.00 21,992.826 Shs. $ 350,000.00 04/13/10 1,572.327 Shs. Purchased 25,000.00 23,565.153 Shs. $ 375,000.00 04/14/10 1,572.327 Shs. Purchased 25,000.00 25,137.48 Shs. $ 400,000.00 04/15/10 1,572.327 Shs. Purchased 25,000.00 26,709.807 Shs. $ 425,000.00 04/16/10 1,571.339 Shs. Purchased 25,000.00 28,281.146 Shs. $ 450,000.00 04/19/10 1,571.339 Shs. Purchased 25,000.00 29,852.485 Shs. $ 475,000.00 04/20/10 1,571.339 Shs. Purchased 25,000.00 31,423.824 Shs. $ 500,000.00 - 32 - CHANGES IN PRINCIPAL HOLDINGS fcont'd) ACCOUNT VALUE Vanquard Short-Term Tax-Exempt Fund #41 (cont'd) 04/21/10 1,571.339 Shs. Purchased S 25, 000.00 32,995.163 Shs. $ 525,000.00 04/22/10 1,571.339 Shs. Purchased 25, 000.00 34,566.502 Shs. $ 550,000.00 04/23/10 1,571.339 Shs. Purchased 25,000.00 36,137.841 Shs. $ 575, 000.00 04/26/10 1,571.339 Shs. Purchased 25,000.00 37,709.18 Shs. $ 600,000.00 04/27/10 1,571.339 Shs. Purchased 25.000.00 39,280.519 Shs. $ 625, 000.00 04/28/10 1,570.352 Shs. Purchased 25.000.00 40,850.871 Shs. $ 650,000.00 04/29/10 1,570.352 Shs. Purchased 25,000.00 42,421.223 Shs. $ 675,000.00 04/30/10 1,570.352 Shs. Purchased 25,000.00 43,991.575 Shs. S 700, 000.00 05/03/10 2,732.412 Shs. Purchased 43,500.00 46,723.987 Shs. $ 743,500.00 06/10/10 314.07 Shs. Sold -4, 997.67 46,409.917 Shs. $ 738,502.33 --------------------- ------------------ --------------------- ------------------ - 33 - RECEIPTS OF INCOME ASSETS AS PER FIRST AND FINAL ACCOUNTING ADJUDICATED: Income Cash $ 28,998.59 Federated Muni Ultrashort Fd Inst 04/Ol/10 Dividend 24,925.225 Shs. $ 39.57 05/03/10 Dividend 69,798.087 Shs. 383.26 06/Ol/10 Dividend 73,337.469 Shs. 654.69 07/O1/10 Dividend 73,337.469 Shs. 676.87 08/02/10 Dividend 73,337.469 Shs. 661.16 09/O1/10 Dividend 73,337.469 Shs. 683.01 10/O1/10 Dividend 73,337.469 Shs. 709.66 11/01/10 Dividend 73,337.469 Shs. 668.94 12/O1/10 Dividend 73,337.469 Shs. 821.40 O1/03/11 Dividend 73,337.469 Shs. 914.04 02/O1/11 Dividend 73,337.469 Shs. 869.35 03/02/11 Dividend 73,337.469 Shs. 878.74 04/O1/11 Dividend 73,337.469 Shs. 817.71 05/02/11 Dividend 73,337.�69 Shs. 858.03 06/O1/11 Dividend 73,337.469 Shs. 875.04 07/O1/11 Dividend 73,337.469 Shs. 857.98 08/02/11 Dividend 73,337.469 Shs. 908.57 09/O1/11 Dividend 73,337.469 Shs. 932.26 10/03/11 Dividend 73,337.469 Shs. 906.36 11/01/11 Dividend 73,337.469 Shs. 850.38 12/O1/11 Dividend 73,337.469 Shs. 744.25 O1/04/12 Dividend 73,337.469 Shs. 724.20 02/O1/12 Dividend 73,337.469 Shs. 681.26 03/02/12 Dividend 73,337.469 Shs. 583.60 04/03/12 Dividend 73,337.469 Shs. 588.68 05/O1/12 Dividend 73,337.469 Shs. 604.28 06/01/12 Dividend 73,337.469 Shs. 626.11 07/02/12 Dividend 73,337.469 Shs. 604.86 08/O1/12 Dividend 73,337.469 Shs. 590.33 09/04/12 Dividend 73,337.469 Shs. 555.78 10/Ol/12 Dividend 73,337.469 Shs. 541.11 11/02/12 Dividend 73,337.469 Shs. 554.46 12/03/12 Dividend 73,337.469 Shs. 504.59 O1/02/13 Dividend 73,337.469 Shs. 501.78 02/01/13 Dividend 73,337.469 Shs. 465.19 03/O1/13 Dividend 73,337.469 Shs. 412.91 04/01/13 Dividend 73,337.469 Shs. 462.96 05/O1/13 Dividend 73,337.469 Shs. 474.75 06/03/13 Dividend 71,846.415 Shs. 492.58 25,680.70 FORWARD $ 54, 679.29 - 34 - RECEIPTS OF INCOME (cont'd) FORWARD $ 54,679.29 Frev Farm 232 Acres South Middleton Twp Cumberland Countv 02/17/09 Rental Income $ 3,403.00 02/08/10 Rental Income 3,310.00 O1/27/11 Rental Income 2,333.33 O1/10/12 Rental Income 3, 667.40 12,713.73 Georqe & Kimberlv Dixon 3rd MortaaQe 3302 Countv Rd 7.5$ due 6/30/25 12/31/08 Partial Interest due 10/2/08 - 7/31/08 $ 2, 907.72 12/31/08 Interest due 10/1/08 4,546.14 12/31/08 Interest due 7/1/08 4,546.14 09/29/09 Late Charge on Interest due 1/1/09 113.34 09/29/09 Balance of Interest due 10/2/07 - 1/1/08 1,231.14 09/29/09 Interest due 4/1/08 1,845.82 09/29/09 Interest due 7/1/08 1,845.82 09/29/09 Interest due 10/1/08 1,845.82 09/29/09 Late Charges due on Interest due 7/08 - 10/08 226.68 12/23/09 Interest 9,301.57 28,410.19 GeorQe & Kimberly Dixon Note dtd 5/16/95 8.125� due 6/30/10 09/29/09 Partial Interest 4/09 $ 87.62 09/29/09 Interest due 10/2/08 - 12/31/O8 1, 688.68 09/29/09 Late Charges on Interest due 1/08 - 10/08 1,115.08 12/22/09 Interest 18,555.15 21,446.53 Harrison Township PA Water 4� due 12 1 13 12/O1/08 Interest $50,000 $ 1,000.00 06/O1/09 Interest $50,000 1,000.00 12/O1/09 Interest $50,000 1,000.00 06/O1/10 Interest $50,000 1,000.00 12/O1/10 Interest $50,000 1,000.00 Ol/10/11 Sale of interest accrued to O1/10/2011 216.65 5,216.65 FORWARD $ 122,466.39 - 35 - RECEIPTS OF INCOME (cont'd) FORWARD $ 122,466.39 Kevstone Oaks PA School District 3.8� due 2/15/12 02/17/09 Interest $50,000 $ 950.00 04/08/09 Sale of interest accrued to 04/08/2009 279.72 1,229.72 Kinq & Snohomish Counties Washinqton School District #417 Northshore Series C 5� due 6/15/10 12/15/08 Sale of interest accrued to 12/15/2008 1,250.00 Marvland State Industrial Development Financina Authoritv Revenue Refundina-American Center for Phvsics Facilitv 4.3g due 12/15/10 12/15/08 Interest $50,000 $ 1,075.00 06/15/09 Interest $50,000 1,075.00 12/15/09 Interest $50,000 1,075.00 06/15/10 Interest $50,000 1,075.00 12/15/10 Sale of interest accrued to 12/15/2010 1,075.00 5,375.00 MTB Monev Market Fund Select Shs 02/01/12 Interest $ 1.04 03/O1/12 Interest 3.77 04/02/12 Interest 1.43 6.24 MTB Monev Market-Inst I Fund #420 09/02/08 Interest $ 4,329.41 10/Ol/08 Interest 4,337.25 11/03/08 Interest 2,171.93 12/O1/08 Interest 420.44 O1/02/09 Interest 277.34 02/02/09 Interest 208.62 03/02/09 Interest 117.92 04/Ol/09 Interest 55.66 05/O1/09 Interest 10.34 06/O1/09 Interest 3.81 07/O1/09 Interest 0.60 O8/03/09 Interest 7.90 09/01/09 Interest 5.72 10/01/09 Interest 4.32 FORWARD $ 11,951.26 $ 130,327.35 - 36 - RECEIPTS OF INCOME (cont'd) FORWARD $ 11,951.26 $ 130,327.35 MTB Monev Market-Inst I Fund #420 (cont'd) 11/O1/09 Interest 2.93 12/O1/09 Interest 2.38 O1/04/10 Interest 4.15 02/O1/10 Interest 1.08 03/O1/10 Interest 0.95 04/O1/10 Interest 0.99 05/03/10 Interest 1.13 06/O1/10 Interest 1.37 07/O1/10 Interest 1.77 08/02/10 Interest 4.47 09/O1/10 Interest 4.70 10/O1/10 Interest 4.32 11/01/10 Interest 3.84 12/O1/10 Interest 3.01 O1/03/11 Interest 3.06 02/Ol/11 Interest 4.26 03/O1/11 Interest 4.20 04/O1/11 Interest 4.63 05/02/11 Interest 3.91 06/O1/11 Interest 3.00 07/Ol/11 Interest 2.44 08/O1/11 Interest 1.99 09/O1/11 Interest 2.06 10/03/11 Interest 2.39 11/O1/11 Interest 2.47 12/O1/11 Interest 2.66 Ol/03/12 Interest 3.09 O1/03/12 Rate Adjustment for December 2011 0.02 O1/25/12 Rate Adjustment for December 2011 2.23 12,030.76 MTB PA Municipal Bond-Inst I Fund #476 09/02/08 Dividend 10,416.419 Shs. $ 321.79 10/Ol/08 Dividend 10,416.419 Shs. 323.97 11/03/OS Dividend 217,663.594 Shs. 3,605.64 12/O1/08 Dividend 217,663.594 Shs. 6,985.05 O1/02/09 Dividend 217,839.819 Shs. 7,470.17 02/02/09 Dividend 217,839.819 Shs. 7,744.46 03/02/09 Dividend 217,839.819 Shs. 6,565.26 04/O1/09 Dividend 217,839.819 Shs. 6, 969.93 05/O1/09 Dividend 258, 668.342 Shs. 7,961.89 06/O1/09 Dividend 258, 668.342 Shs. 8,633.94 FORWARD $ 56,582.10 $ 142,358.11 - 37 - RECEIPTS OF INCOME (cont'd) FORWARD $ 56,582.10 $ 142,358.11 MTB PA Municipal Bond-Inst I Fund #476 (cont'd) 07/O1/09 Dividend 258, 668.342 Shs. 8,403.24 08/03/09 Dividend 258,668.342 Shs. 8,669.91 09/O1/09 Dividend 258,668.342 Shs. 8,615.10 10/O1/09 Dividend 258,668.342 Shs. 8,173.51 11/O1/09 Dividend 258,668.342 Shs. 8,297.72 12/01/09 Dividend 258,668.342 Shs. 8,024.73 01/04/10 Dividend 147,262.203 Shs. 6,248.12 02/O1/10 Dividend 147,282.203 Shs. 4,494.99 03/01/10 Dividend 147,282.203 Shs. 4,258.00 04/01/10 Dividend 97,777.252 Shs. 4,802.44 05/03/10 Dividend 97,777.252 Shs. 1,945.67 128,515.53 Pittsburah PA Refundina Series D FGIC 4.6� due 9/1/12 09/02/08 Interest $50,000 $ 1,150.00 09/19/08 Sale of interest accrued to 09/19/2008 115.00 1,265.00 Sheaffer Farm 129 Acres South Middleton Twp Cumberland Countv 11/21/08 Rental Income $ 3,150.00 07/07/09 Rental Income Received from Ralph & Linda Deitch 3,150.00 12/O1/09 Rental Income 3,150.00 05/25/10 Rental Income 3,150.00 06/08/10 Rental Income 475.00 12/27/10 Rental Income Received from Ralph & Linda Deitch 3,625.00 05/16/11 Rental Income 3,625.00 12/05/11 Rental Income 3,625.00 05/31/12 Rental Income 3,625.00 12/27/12 Rental Income 3,625.00 03/13/13 Rental 2ncome 4,000.00 35,200.00 St. Marv's Countv Marvland Consolidated Public Improvement 4$ due 7/1/10 O1/02/09 Interest $50,000 $ 1,000.00 07/O1/09 Interest $50,000 1,000.00 O1/04/10 Interest $50,000 1,000.00 07/O1/10 Sale of interest accrued to 07/Ol/2010 1,000.00 4,000.00 FORWARD $ 311,338.64 - 38 - RECEIPTS OF INCOME (cont'd) FORWARD $ 311,338. 64 Transfer from Principal 12/21/09 $ 27,856.72 04/09/10 349.00 11/16/11 3,562.13 31,767.85 Vanauard Short-Term Tax-Exempt Fund #41 04/O1/10 Dividend 15,703.518 Shs. $ 57.15 05/03/10 Dividend 43,991.575 Shs. 496.12 06/O1/10 Dividend 46,723.987 Shs. 879.76 07/Ol/10 Dividend 46,409.917 Shs. 829.59 08/02/10 Dividend 46,409.917 Shs. 806.67 09/O1/10 Dividend 46,409.917 Shs. 794.17 10/O1/10 Dividend 46,409.917 Shs. 760.63 11/O1/10 Dividend 46,409.917 Shs. 771.21 12/O1/10 Dividend 46,409.917 Shs. 752.09 01/03/11 Dividend 46,409.917 Shs. 808.99 02/O1/11 Dividend 46,409.917 Shs. 828.05 03/02/11 Dividend 46,409.917 Shs. 748.90 04/O1/11 Dividend 46,409.917 Shs. 813.02 05/02/11 Dividend 46,409.917 Shs. 783.27 06/O1/11 Dividend 46,409.917 Shs. 794.70 07/Ol/11 Dividend 46,409.917 Shs. 718.34 08/01/11 Dividend 46,409.917 Shs. 708.08 09/O1/11 Dividend 46,409.917 Shs. 722.02 10/03/11 Dividend 46,409.917 Shs. 696.30 11/O1/11 Dividend 46,409.917 Shs. 713.21 12/O1/11 Dividend 46,409.917 Shs. 687.24 O1/03/12 Dividend 46,409.917 Shs. 700.08 02/O1/12 Dividend 46,409.917 Shs. 679.32 03/02/12 Dividend 46,409.917 Shs. 642.50 04/02/12 Dividend 46,409.917 Shs. 673.05 05/O1/12 Dividend 46,409.917 Shs. 664.10 06/O1/12 Dividend 46,409.917 Shs. 692.39 07/02/12 Dividend 46,409.917 Shs. 642.72 08/02/12 Dividend 46,409.917 Shs. 648.23 09/04/12 Dividend 46,409.917 Shs. 629.27 10/O1/12 Dividend 46,409.917 Shs. 618.58 11/02/12 Dividend 46,409.917 Shs. 638.77 12/03/12 Dividend 46,409.917 Shs. 618.93 O1/02/13 Dividend 46,409.917 Shs. 618.01 02/O1/13 Dividend 46,409.917 Shs. 593.63 03/O1/13 Dividend 46,409.917 Shs. 524.35 04/O1/13 Dividend 46,409.917 Shs. 561.69 FORWARD $ 25,315.13 $ 343,106.49 - 39 - RECEIPTS OF INCOME (cont'd) FORWARD $ 25,315.13 $ 343,106.49 Vancruard Short-Term Tax-Exempt Fund #41 (cont'd) 05/O1/13 Dividend 46,409.917 Shs. 561.48 06/03/13 Dividend 46,409.917 Shs. 576.95 26,453.56 WilmincTton Prime Monev Market Fund Select Shs 04/02/12 Interest $ 2.71 05/O1/12 Interest 4.03 06/O1/12 Interest 3.72 07/02/12 Interest 3.62 08/O1/12 Interest 2.85 09/04/12 Interest 2.76 10/O1/12 Interest 2,74 11/O1/12 Interest 2.81 12/03/12 Interest 2.64 01/02/13 Interest 2,22 02/O1/13 Interest 1.65 03/O1/13 Interest 0.95 04/01/13 Interest p,7g 05/O1/13 Interest 0.69 06/03/13 Interest 0.49 34.66 TOTAL RECEIPTS OF INCOME $ 369,594.71 - 40 - DISBURSEMENTS OF INCOME Manufacturers and Traders Trust Company Trustee Fee 09/08/08 $ 1,986.94 10/06/08 1,985.17 11/06/08 1,715.78 12/08/06 1,712.45 O1/06/09 1,707.80 02/06/09 1,725.22 03/06/09 1,716.64 04/06/09 1,635.45 05/06/09 1,606.86 06/08/09 1, 613.11 07/06/09 1,613.57 08/06/09 1, 627.12 09/08/09 1,637.17 10/06/09 1,633.25 11/06/09 1,621.98 12/07/09 1,635.41 O1/06/10 1,026.72 02/08/10 1,031.11 03/08/10 1,035.87 04/06/10 1,227.04 05/06/10 1,469.53 FORWARD $ 32,964.19 - 41 - DISBUR3EMENTS OF INCOME (cont'd) FORWARD $ 32,964.19 Manufacturers and Traders Trust Companv Trustee Fee (cont'd) 06/07/10 1,470.73 07/07/10 1,469.85 08/06/10 1,470.33 09/07/10 1,468.50 10/06/10 1,466.25 11/08/10 1,465.74 12/06/10 1,464.23 01/06/11 1,449.48 02/07/11 1,449.10 03/07/11 1,448.33 04/06/11 1,447.15 05/06/11 1,445.11 06/06/11 1,447.94 07/06/11 1,447.23 08/08/11 1,448.05 09/06/11 1,443.92 10/06/11 1,441.75 11/07/11 1,440.89 12/06/11 1,442.51 O1/06/12 2,137.74 FORWARD $ 62,729.02 - 42 - DISBURSEMENTS OF INCOME (cont'd) FORWARD $ 62,729.02 Manufacturers and Traders Trust Companv Trustee Fee (cont'd) 02/06/12 2,138.94 03/06/12 2,138.04 03/21/12 Fee Adjusment Credited - March -695.54 03/21/12 Fee Adjusment Credited - February -695.11 03/21/12 Fee Adjusment Credited - January -695.74 04/06/12 1,437.13 05/07/12 1,435.45 06/06/12 1,436.76 07/06/12 1,419.15 08/06/12 1,418.91 09/06/12 1,414.52 $ 73,481.53 Geor4e Dixon, III - Co-Trustee Fee 09/08/08 $ 841.62 10/06/08 840.83 11/06/08 719.60 12/08/OS 718.10 O1/06/09 716.01 02/06/09 723.85 03/06/09 719.99 FORWARD $ 5,280.00 $ 73,481.53 - 43 - DISBURSEMENTS OF INCOME (cont'd) FORWARD $ 5,280.00 $ 73,481.53 GeorQe Dixon, III - Co-Trustee Fee (cont'd) • 04/06/09 683.45 05/06/09 670.59 06/08/09 673.40 07/06/09 673.61 08/06/09 679.70 09/08/09 684.23 10/06/09 682.46 11/06/09 677.39 12/07/09 683.43 01/06/10 409.52 02/08/10 411.50 03/08/10 413.64 04/06/10 499.67 05/06/10 608.79 06/07/10 609.33 07/07/10 608.93 08/06/10 609.15 09/07/10 608.32 10/06/10 607.31 11/08/10 607.08 12/06/10 606.40 FORWARD $ 17,987.90 $ 73,481.53 - 44 - DISBURSEMENTS OF INCOME (cont'd) FORWARD $ 17,987.90 $ 73,481.53 Georcxe Dixon, III - Co-Trustee Fee (cont'd) O1/06/11 599.76 02/07/11 599.59 03/07/11 599.25 04/06/11 5gg,'72 05/06/11 597.80 06/06/11 599.07 07/06/11 598.75 08/08/11 599.12 09/06/11 597.26 10/06/11 596.29 11/07/11 595.90 12/06/11 596.63 O1/06/12 909.48 02/06/12 910.02 03/06/12 909.62 04/06/12 594.21 05/07/12 593.45 06/06/12 594.04 07/06/12 586.12 08/06/12 586.01 09/06/12 584.03 31,433.02 FORWARD $ 104,914.55 - 45 - DZSBURSEMENTS QF INCOME {cont�d) FORWARD $ 104, 914.55 Richard E. Dixan - Ca-Trustee Fee 091OS108 S 8�1.62 1oI06108 844.83 11IQ6/48 719.6Q 12/0$/08 718.10 01/06/Q9 716.01 p�/p�/�g 723.$5 03l06149 719.99 04Jo6/o9 6s3.45 05/06/09 670.59 Q6/0$/09 673.40 07106/d9 673.61 081o61og �79.�0 09108109 684.23 �p�p�/Q9 682.46 11/06/09 677.39 12/0'7/09 b83.43 01106/20 409.52 02148/10 411.5Q 03/08/10 413.64 04/06/10 499.67 05Iob110 608.79 FORWAFtD $ 13,731.38 $ 104, 914.55 - 46 - DISBUR3EMENTS OF INCOME (cont'd) FORWARD $ 13,731.38 $ 104,914.55 Richard E. Dixon - Co-Trustee Fee (cont'd) 06/07/10 609.33 07/07/10 608.93 08/06/10 609.15 09/07/10 608.32 10/06/10 607.31 11/08/10 607.08 12/06/10 606.40 Ol/06/11 599.76 02/07/11 599.59 03/07/11 599.25 04/06/11 598.72 05/06/11 597.80 06/06/11 599.07 07/06/11 598.75 08/08/11 599.12 09/06/11 597.26 10/06/11 596.29 11/07/11 595.90 12/06/11 596.63 01/06/12 909.48 02/06/12 910.02 FORWARD $ 26,985.54 $ 104,914.55 - 47 - DISBURSEMENTS OF INCOME (cont'd) FORWARD � , $ 26,985.54 $ 104,914.55 Richard E. Dixon - Co-Trustee Fee (cont'd) 03/06/12 909.62 04/06/12 594.21 05/07/12 593.45 06/06/12 594.04 07/06/12 586.12 08/06/12 586.01 09/06/12 584.03 31,433.02 Internal Revenue Service Federal Fiduciary Income Tax 04/09/09 2008 Balance Due $ 6,115.00 04/12/10 lst Quarter Estimated 668.00 6,783.00 Pennsvlvania Department of Revenue State Fiduciarv Income Tax 04/09/09 2008 Balance Due $ 76.00 04/13/09 lst Quarter Estimated 47.00 06/11/09 2nd Quarter Estimated 150.00 09/10/09 3rd Quarter Estimated 152.00 04/12/10 lst Quarter Estimated 179.00 06/10/11 2nd Quarter Estimated 207.00 EORWARD $ 811.00 $ 143,130.57 - 48 - DISBURSFMEN'�3 OF INCOME (cont'd) FORWARD $ 811.00 $ 143,130.57 Pennsvlvania Department of Revenue State Fiduciarv Tncame Tax (cont'd} Q9l09/].1 3�d Quarter Estimated 230.00 12/29/11 4th Quarter Estimated 127,00 04/09112 lst Quarter Estimated 57.00 04112122 2011 BaZance Due 280.00 Q6I48/12 2nd Quarter Estimated 104.OQ 09110/12 3rd Quarter Estimated 115.00 10/19/12 Interest on 2011 Refund -5.35 12/21/12 4th Quarter Estimated 102.00 04109113 2012 Balance Due 143.00 04110113 2st Quarter Estimated 45.00 p6/11/S3 2nd Quarter Estimated 143.00 Z,I51.65 Robert C. Cairns Tax Collector - Real Estate Taxes - Sheaffer Farm 129 Acres Scsuth Micldleton Twt� Cumberland Countv 04111/09 County RIP Tax $ 951.96 68/10/09 School Tax 3,870.44 04/19/10 County R/P Tax 951.96 0$/06/10 School Tax 3,928.50 03I30111 Connty R1P Tax 1,473,48 p8J22/11 Schaal Tax �,�3�� FOR6dARD $ i7,113.13 $ 145,282.22 - 49 - DISBURSEMENTS OF INCOME (cont'd) FORWARD $ 17,113.13 $ 145,282.22 Robert C. Cairns Tax Collector - Real Estate Taxes - Sheaffer Farm 129 Acres South Middleton Twn Cumberland Countv (cont'd) 04/25/12 County R/P Tax 1,473.48 08/06/12 School Tax 5,936.79 03/18/13 Coui�ty R/P Tax 1,625.81 26,149.21 SES Brokeracre Insurance BrokeraQe Service Incorporated - Insurance Premium 03/25/09 Sheaffer Farm 129 Acres South Middleton Twp Cumberland County $ 1,229.00 03/25/09 1/6th Interest Frey Farm 232 Acres South Middleton Twp Cumberland County 250.00 03/29/10 Sheaffer Farm 129 Acres South Middleton Twp Cumberland County 1,229.00 03/29/10 1/6th Interest Frey Farm 232 Acres South Middleton Twp Cumberland County 250.00 03/02/11 Sheaffer Farm 129 Acres South Middleton Twp Cumberland County 1,229.00 03/02/11 1/6th Interest Frey Farm 232 Acres South Middleton Twp Cumberland County 250.00 02/15/12 Sheaffer Farm 129 Acres South Middleton Twp Cumberland County 350.78 02/15/12 1/6th Interest Frey Farm 232 Acres South Middleton Twp Cumberland County 49.78 11/O1/12 Sheaffer Farm 129 Acres South Middleton Twp Cumberland County 541.58 FORWARD $ 5,379.14 $ 171,431.43 - 50 - D23HUR3EME23'1'S O� INCCIME (COat'd� FORWF.RD $ 5,379.14 $ 171,431.43 SES Brokeraae Insurance Brokeracre Service Incarparated - Insurance Premium Econt'd} 11/01/12 1/6 Interest Frey Farm 232 Acres South Middleton Twp Cumberland County $9.58 5,468.72 South Middleton Township 09/1$I08 Reimbursement far Township Fees for Conditional Use of Sheaffer Farm ��•dd TOTAL DISBURSEMENTS OF INCQME $ 177.70Q.15 - 51 - DISTRIBUTIONS OF INCOME TO BENEFICIARIES Georqe Dixon, III - Distribution 12/29/08 To be Applied to Outstanding Interest on - George & Kimberly Dixon 3rd Mortgage 3302 County Rd 7.5g due 6/30/25 $ 12,000.00 09/24/09 To be Applied to Outstanding Interest on George & Kimberly Dixon 3rd Mortgage 3302 County Rd 7.5� due 6/30/25 10,000.00 12/28/09 8,500.00 12/10/10 10,000.00 $ 40,500.00 Marshall Dixon - Distribution 12/17/08 $ 12,000.00 09/18/09 10,000.00 12/28/09 8,500.00 12/10/10 10,000.00 40,500.00 Charlotte Ivv Dixon - Distribution 12/17/08 $ 12,000.00 09/18/09 10,000.00 12/28/09 8,500.00 12/10/10 10,000.00 40,500.00 Richard Dixon - Distribution 12/17/08 $ 12,000.00 09/18/09 10,000.00 12/28/09 8,500.00 12/10/10 10,000.00 40.500.00 TOTAL DISTRIBUTIONS OF INCOME TO BENEFICIARIES $ 162,000.00 - 52 - INCOME BALANCE ON HAND FIDUCIARY VALUE AT ACQUISITION 06/21/2013 VALUE CASH (AUTOMATICALLY INVESTED) $ 29,894.56 $ 29,894. 56 TOTAL INCOME BALANCE ON HAND $ 29,894.56 $ 29,894.56 Manufacturers and Traders Trust Company B y L1 C�.�-.-.- Jo ep Macri, Vice sident -T stee under the Agreement with George F. Dixon, Jr., Deceased and By By Richard E. Dixon George F. Dixon, III Co-Trustee under the Agreement Co-Trustee under the Agreement with George F. Dixon, Jr., Deceased with George F. Dixon, Jr., Deceased - 53 - VERIFICATION Manufacturers and Traders Trust Company, Successor to Allfirst Trust Company of PA, N.A., Successor to Dauphin Deposit Bank and Trust Company, Richard E. Dixon and George F. Dixon, III, Co-Trustees under Agreement with George F. Dixon, Jr. deceased, hereby declare under oath that they have fully and faithfully discharged the duties of their office; that the foregoing Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Trust have been paid in full; that, to their knowledge, there are no claims now outstanding against the Trust; and that all taxes presently due from the Trust have been paid. This statement is made subject to the penalties of 18 PA. C.S.A. Section 4904 relating to unsworn falsification to authorities. �G>-, � Ma ufa turers and Tr s Trust Company `.-- v �c.� t��ZFS:rb�,cfT-k-l�.�5t Jr'-�=�r��!` Dated: ��'S�3 1 - 54 - VERIFICATION (cont'd) Manufacturers and Traders Trust Company, Successor to Allfirst Trust Company of PA, N.A., Successor to Dauphin Deposit Bank and Trust Company, Richard E. Dixon and George F. Dixon, III, Co-Trustees under Agreement with George F. Dixon, Jr. deceased, hereby declare under oath that they have fully and faithfully discharged the duties of their office; that the foregoinq Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Trust have been paid in full; that, to their knowledge, there are no claims now outstanding against the Trust; and that all taxes presently due from the Trust have been paid. This statement is made subject to the penalties of 18 PA. C.S.A. Section 4904 relating to unsworn falsification to authorities. Richard E. Dixon Dated: - 55 - VERIFICATION (aont'd? Manufacturers and Traclers Trust Company, Successor to Allfirst Trust Company of PA, N.A., 3uccessor to Dauphin Deposit Bank and Trust Company, Richarct E. Dixon and George F. Dixon, III, Cq-Trustees uncler Agreement with George F. Dixan, Jr. deceased, hereby declare under oath that they have fully and Eaithfully discharged the duties af their office; �hat the foragaing Account is true and carrect and fully discloses alI significant transactians accurrzng durinq the accounting period; that all known claims ac}ainst the Trust have been paid in full; that, to their knowledge, there are no claims now autstanding against the Trust; and that a31 taxes presently due from the Trust have been paid. This statement is made subject to the penalties of 1$ PA. C.S.A. Sectian 4904 relating ta unsworn falsification ta authorities, Gearge F. Dixon, III Dated� - 56 -