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HomeMy WebLinkAbout05-21-79 '" -rr l ' , '"'"^), RCC~3~,(4-731 ._ .f ^" . ? 'JI , I ( I :?-/ _ 7 ? ~/,p P .sj.:l/j77 - , , COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS RESIDENT DECEDENT 'COUNTY OF CUMBERLAND IMPORTANT, This return must be completed in detail and filed in duplicate, with all attached, with the Reg"isler of Wills -of the County where decedent resided; Return is due within nine months, after date of death, unless an extension is. granted by the Secretary of Re\t.enne. (Section703 of ~he Inheritance and Estate Tax Act of 1961,) Cumberland ,"oJ EXECUTOR ,-," IN THE MATTER OF THE ESTATE OF Emmett Shelley lSTATE FULL NAME OF DECEDENTl AFFIDAVIT OF Late of ADMINISTRATOR State o-f Pennsylvania County of Cumberland } 5" Administrator George E. Hoffer of the estate of the above-named decedent being duly sworn, depose . Executor and soy (MONTH) Nome and address of ot'orney or } other authorized representotive to whom 011 carres.ponden'ce should be moiled. (DAY) 19~{testate leaving a last will, copy of.~hich !s"here!o attached. )' (YEARl bllHX1KH Decedent died March 27 George E. Hoffer '9 Irvine Row,. Carlisle; Penna. 17013 , . the assets th'ereoF and their Fair market value. That a~ such 'R~p('l1rn,.. deponent is Familiar with the aFfairs of said estate and the property constituting (EXECU TO R-ADMINIST RA TO R) . That at the time of death there was no saFe deposit box registered in decedent's individual name, O.T jointly with, or as agent or deputy of another, or in decedent's individual name, \vith right of access by- another as agent or .deputy, with the exception of the following: - 'NAME AND ADDRESS OF BANK OR OTHER INSTITUTION IN WHICH DECEDENT RENTED A S....FE DEPOSIT BOX THIS SAFE DEPOSIT BOX RENTED IN NAME OR NAMES OF REL A TIONSHIP 0 F JOIN T HOLDERS TO DECEDEN T NONE That the contents of said safe deposit box or boxes are itemized undei Schedules wi th the exception' of the following, for the reasons hereinafter set forth: of this return, That Schedule A attached hereto and made part hereof sets forth fully and in detail all the real property' in the Commonwealth of Pennsylvania of which decedent died having an interes.t therein., It also ~ets forth the' mortgage encumbrances upon each parcel of real property at the date.of death, giving the amount still due at ~ death, name of mortgagee, date, rate of interest, and book and pa~e o~ record thereof. .It also sets forth i~ tIi~ columns provided therefore the assessed valuation of each of said parcels, the estimated market value thereof as of date of death of decedent. That Schedule B attached hereto and made part hereof sets forth fully and in dt?tail all personal property wheresover sit~~~Jt?d owned by the decede'nt at the time of death; all moneys left by. the decedent at the time of death, whether in decedent's immediate possession, standing to decedent's credit in banks of deposit, savings banks I trust companies, or other institutions, whether individually, or in trus t fo.r, any other person or person,s giving also separately the accrued ip.terest thereon, if any, down to the last 'interest day prior to decedent's death in the case of. savings, banks, and to the date of decedent's death in all other cases;.aH'\~,p'~d~',"pbstal savings, treasury certificates or notes and other evidence of indebtedness of the United~~SJri'~'~:;'Q"~tlie/-d't:': . ~.., -- .. .....;,' ~'r.- ~ \Y -:. cedent; all'~bbligations, whether _ by ~statute or agreement they are designated as tax free.:--~of::the,JJ.ri~'tea~S.t'a-te.s', ~ .~. . _...... _ .~-.../ J/t.-~_ or any state, or political subdivision thereof, or of any foreign country, which are owne"}J at"th"e time of dfith.P;. all wearing apparel,. jewelry, si-Iv.erware, pictures, books, works of art, household f~rnit~rle,:hQ.rsesrCa~ri'-ges~-~E . . . ,... ' ........ - - automobiles, boats, .and any and all other personal chattels of whatsoever. kind or na{ur:::.;-)~; by dec,fd:~nt, g together with the fairly- estimated market value thereof; all bonds and mortgages held bY. dece-d~ent?aJd.-6r;8:-ll~ , - ,,"" / '- """'.'............ claims due and owing decedent at the time of death, and all promissory notes or other'ins.~r.u'nie.n'(s:'-iri..~ri(ing. ' for the payment of money- of which decedent died possessed, of ~hatsoever .natuc'e, ~ith iriLe'r~si.fnc7e6~~ if any, giving the face value and estimated fair market value .thereof, a~d if such est~m~ted fair'mar~~t .value he less than the face value, it sets forth briefly the reasons for such depreciation as.' to each item; all moneys payable to the estate from life insurance policies carried by deced~nt; all annuity and e'ndowment co'ntracts the proceeds of which were payable upon the death of the decedent; all and the corporate stocks and. dividends due thereon and unpaid as of the date of death, bonds and accrued interest thereon to the date of decedent's death and other investment sccuriti,;s owned by the decedent at the time of death, with the.market value there. of at such time. ; , In the case of securities of close or famll;y corporations, the values reported are as f'ar as possible substantiaten by financial statements of the corporations, showing the assets and liabilities tht"reof ftS of the date of death. The schedule also sets forth the interest of rtecedent at the time of dl?at.h In an~' co-partnership or business, and in support of the value of such interest there Is annexed to said schf>ctule, flnflnctal statements showing the assets and liabilities of said co-partnership or huslness. A eopy r)1' thp co-partnership ag;reement, (if oral, a statement setting forth the nature of the I'l.~reement) to,gt>tllf'l' .'lith Il statement setting forth the character of the business, its location, and such other facts p!;>rtdjnir~c: to the business tlS may be pertinent to a fair and just appraisal of the decedent's interest thf'rpill J'lIlSt he suhmitted. It should also set forth in itemized form, together with the fair market value thero:'()f. I'ln~. other propert;y owned or bequeathed by the decedent at the time of death. Thf" Sc/1edule C attached hereto and made part hereof sets forth a true I'lnswer to each inquiry contatnf>d Hll'rein and in the case of' transf'ers of'property, real or personal, within two years of decedent' 5 death, in C(Hltemplation of decedent's death, or intended to tll.ke ef"f'ect in possession or enJoyment at or arter death, said schedule sets forth the nature and value of' such property, to whom trlUlsferred, the relationship of the transferees to the liecedent, the proportionate share received by each transferee and all other facts of a pertinent nature re.e;ardin,g; sairl transf'ers. In the case of transfers intended to take ef'fect in possession or enjoyment at or af'ter deat.h, there is also attachen to the schedule a copy of the deed, trust agreement or other instrument creatin!!; the trust. Tl1er,~ is also set forth in said schedule a list of all property, real and personal, wit.h its value, which pa~ses at decedent's rleath by virtue of the exercise by decedent, either individually, or jointly with another, or any power of appoint- ment vl~sted In decedent, either inrlividually or jointl;y, by the will, deed, or ot.her instrument of' another, with It copy of the instrmnent creating such power attached to the schedule. That Sc/1edufe D attached hereto and made part hereof' sets forth the names anrt addresses of all persons l;('l1eficially interested in this estate at the time 01' decedent's death, the nature 01' their res- pective interests, their relationship, if any, to the rlecedent, to~ether with the ages at the time of decf>dent!s death of all minors, annuitants and beneficiaries for life nnder rlecedent's Will. It also contains a statement showing which of the beneficiaries named in the decedent's will, if any, died prior to der:edent, the dates of their death, their issue, lUlrl the relationship of such issue to the beneficiary. That 5..-t>edule E attached hereto and made a part hereof SE"ts forth all property, real and per- sonal, aImed by the decedent jointly with another or others, inclurHng intangible, standing in the name of the decedent and others, plus the date and place of record of instruments effecting the \-esti ture of real pstnt,t> and the date of acquisition of' personalty, plus the name, address and relationShip, if any, of co-owners to the decedent. That Sct>edule F attached hereto and made a part hereof sets forth fully and in dPtail all rleilts and deductions claimed for and on behalf of this decedent's estate, includin~ hlneral expenses patd; family exemption, where applicable; costs of Rrlministration of this estatej counsel fees anrl fudlcinry's commissions paid or to be paid; cost expended for burial trusts, tombstones or gravemarkers, and reli- gious services, in consequence of the death of the decedent; debts and claims owing ann Ilnpatrl at time of' deathj taxes accrued chargeable for periorl prior to decedent' 5 death (except those allowed under Section 651 of the Inheritance and Estate Tax Act); together with tl statement of collateral plerl.e;erl for obliga- tions, if any. It is agreed that the fiduciary will present proof of said claimed obligations upon re- quest, that if the amount actually paid in settlement of any fee, commission or debt is less than the estimated amount claiming and allowed, that the same will he reported to the Register of Wi) Is, f1.nd thfl.t the amount of tax assessed can be reassesserl in accordance therewith. That the totals of the appropriate columns in Scherlules "A", "B", "e", "E", ann "F" as directed therein, have heen carried forward and properly registered in the Summary. Subscribed and sworn to before me this .................... ,&J~J.. .... ..d~y of '--[h~. .............. 19Jq ,~}~tU--mcuJluJ:.~... MERLENf gARHEVKA, NoIary Poblic; odislo,'Cumbed""a Counti'p.... f . . Cotnml..IOilbpl.. ~"I.1t I:\d... ~ .................-......... (Street Number) Carlisle, Penna. 17013 (City or Town aM Stnte) NOTE: .Flefore- sigu~ng af'f'idavit make sure f1.11 blank Sllaces in the f1.ffidavit and schedules annexed are filled in wtth details or the word "None", and in case the assets include rare ami unlisted securities, securities of' close or family corporations or fl.n interest in any co-partnership or business, thl'lt the Qutll flnri statements required under the pnragraph above relating; to Scherlule "B" are attachert. .\lso make cp-rtldn that col\unTl #1 in the "Surmlary" hilS been properly completerl as flbove-tlirected. <'," " RCC-34 (4-73) ,,/COMMONWEAL1'HOF PENliSYLVAl'U'A . DEPART.MENT 01' REVENUE BUREAU OF COUNTY COLLECTIONS :TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "A" REAL PROPERTY * Real property in Pennsylvania, with statement of mortgage encumbrances upon each parcel at death of dece- dent. Property held by the decedent as tenant .in common with another or other, should be identified as to quantum of interest and the estimated value should be that of the decedent's interest only. (Property held os joint tenants with right of surviorship or tenancy by entireties should be reported on Schedule "E.") The real property located In the Commonwealth of Pennsylvania should be described by lot and block number, street and street number, together with Q generol description of the property, with Q reference to the record of the conveyance by which the decedeM 'took 'tl'tle; If a farm state number of a. eraS; also statement of mortgage encumbrances upon each parcel at death of decedent. TDxes, assessments, accrued Interest on mortgages. etc.,are to be Ilsted- on Schedule.. F'. and must not be deducted from this schedule. (1) (2) (3\ DEPARTMENT VALUATION CAUTION (Do not write In this space) ASSESSED VALUE FOR YEAR OF DECEDENT'S DEATH ESTIMA TED MARKET VALUE House at34 South East Street, Carlisle, Pa. containing two apartments. One occupied by Emmett Shelley, the other. rented to Mr. and Mrs. Hummer, situated on two tracts as recorded August 8, 1975 in Deed Book "E", Vol. 26, Page 675 5,750.00)/ 28,800.00",1-- . /', , Insert this total opposite "real property", Schedule "A" in the X X X X X "As Reported" column on the last page of this return. 28,800.00 ). ? K (){J. () tJ ) / , ~.... . ' ". RCC -36 *~.."..~ ... I t 1\ .1, , . " COMMONWEALTH OF PENNSYLVANIA , TRANSFER INHERITANCE TAX SCHEDULE lIB" PERSONAL PROPERTY Item No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20;' 21. 22. 23. RESIDENT DECEDENT INSTRUCTIONS: This Schedule must disclose all tangible and l.ntangible personal property owned individually by the decedent, at the time or his death. Property owned by the decedent jointly with another or others must be listed under Schedule "En. Intangible personal property, titled in the name of the decedent, but payable at death to another or others, including but not limited to P.D.D. U. S. Savings Bonds and tenta- tive trust accounts, must be listed, despite the fact that they are not of the administered estate. Tangible personal property should be listed ~lrst (e.g. jewelry, wearing apparel, household goods, and furnishings, books, paintings, automobiles, boats, etc.) Intangible personal property, such as bonds, treasury certificates, cash on hand and in bank, stocks, mortgages, notes, together with accrued interest or dividends, salaries or wages, insurance pay- able to the estate or ~iduciary in said capacity, partnership interests, interest in any undistributed estate of' or income from any property held in trust under the will or agreement of another, even though located outside of the State, at t~e time of death, should be listed in this schedule. ITEM List and describe fully UNIT VALUE DEPARTMENT VALUATION (Do no t wri te in this space) ESTIMATED MARIlli"1' VALUE Household goods and furnishings, appraisal attach 1934 Ford Roadster, appraisal attached 1963 Pontiac Sedan, appraisal attached 1952 Lincoln, salvage value Coin collection, appraisal attached Cash 40 shs. Carlisle Corp. ~,~. O'~' Balance Checking Acct. 4 3690 9, Farmers Trust Co. Balance Checking Acct. 5 2159 0, Farmers Trust Co. National Ben Franklin Life Insurance Co., Immediate Relief Fund National Ben Franklin Life Insurance Co., policy proceeds . . Savings Acct. 1256808, Farmers Trust Co.~~~ Interest accrued on item 12 until date of death Savings Acct. 6631, Carlisle Building & Loan Assn. Interest accrued on Item 14 until date of death March rent, Mr. and Mrs. Hummer Eagles' Benefit Pa. Income Tax refund Revocable Trust, Farmers Trust Co. Mortgage Participations 50M par Pfizer Notes 8.875% due 8/15/85 @ 102.125 Income 1. 8125 1,965.50' 3,500.00 300.00 100.00 388.0 25.02 872. 50 2 ,092 . 15, 2,293.47 1,000.on ,," \""It> . 1,000.00' 4,183.96 %,4J...~ 4,668.46 56.82 125.0 262.00 61. 36 30,000.00 51,062.50 233.33 Refund, Old Town Run Lodge Refund, Blue Shield Refund, Medicare Refund, U.S. Treasury 81,295.83 400.00 1.4 5.60 537.00 x x \05 l '8'0. ~'\ J lnsert this total opposite "Personal Propertyn, Schedule I1B" in the "As Reported" column on the last page of this return. 105,194.4 ~ -(\l- "--:?- GEORGE E. HOFFER , 'ATTORNEY-AT-LAW 9 IRVINE ROW CARLISLE, PA. OCTOBER 27, 1978 APPRASIAL MADE FOR: EMMETT SHELLY ESTATE, 34 SOUTH EAST STREEi 1 ST. FLOOR APARTMENT. CARLISLE, PA. SOUTH FRONT BEDROOM: MARBLE TOP DRESSER (ROUGH)-------------------- $ VICTORIAN STYLE SOFA--------------------------$ ADMIRAL COLOR TV------------------------------$ WALNUT 4 DRW. CHEST OF DRWS. W/PORCELIAN PULLS $ 2-BEDROOM CHAIRS------------------------------$ LAMPS, FAN & MISC ITEMS-----------------------$ LIVING ROOM: SYLVANIA COLOR TV-----------------------------$ OAK CASE GRANDFATHER CLOCK--------------------$ SOFA BED------ ---- --------------___________..__ $ WING TYPE LIVING RM. CHAIR-----------------..--$ PLATFORM ROCKER-------------------------------$ EASY CHAIR------------------------------------$ WRITING DESK----------------------------------$ 2-END TABLES & COFFEE TABLE-------------------$ RECORD PLAYER & CABINET-----------------------$ TABLE LIGHTS, PICTURES & MISC. ITEMS----------$ NORTH FRONT BEDnOOM: DBL. WOODEN BED---------------~---------------$ WRITING DESK & CHAIR--------------------------$ VINYL EASY CHAIR------------------------------$ MARBLE CHEST OF DRWS. W/MIRROR----------------$ 4 DRW. CHEST OF DRWS.-------------------------$ TABLE LIGHTS & RUG-~--------------------------$ 65.00 165.00 77.50 200.00 10.00 22.50 85.00 365.00 32.50 37.50 25.00 15.00 10.00 12.00 SET 35.00 17.50 15.00 17.50 14.00 97.50 35.00 12.00 .0 0 T 65.00 J 6 5.00 7 7.50 2 0 0.0 0 1 0.00 22.50 85.0 O. :5 6 5.0 0 32.5 0 37.50 2 5.00 1 5.0 O. I 0.00. 1,2.0 O. 3 5.0 0 1 7.50 . J 5.00 ' 1 7.50 I 4.00 9 7.50 3 5.0 0 1 2.0 O. 1,365.50T- < ~-.-.,. "'~. ....... EMMETT SHELLY ESTATE, CONT. KITCHEN: . 5 PC. WOODEN BREAKFAST SET--------------------$ PEDESTAL BAR &: SHELF UNIT---------------------$ RCA REFRIGERA~OR,OK---------------------------$ DISHES, POTS &: PANS-------------------~-----..-$ PICTURES &: MISC. ITEMS------------------------$ GARAGE AT THE REAR OF HOUSE: ALUM DBL. LADDER------------------------------$ 2-0LD BENCH DRILL PRESSES---------------------$ CHAIN HOIST-----------------------------------$ ROTARY LAWN MOWER-----------------------------$ SNOW BLOWER (NEEDS REPAIR)--------------------$ MISC. HAND TOOLS, WRENCHES, ETC.--------------$ BASEMENT OF 1ST. FLOOR APT. MISC. HAND & GARDEN TOOLS---------------------$ 35.00 22.50 65.00 37.50 8.00 .00 T 35.00 22.50 6 5.00 37.50 8.0 0 30.00, 27.50 1 7.5 o- J 7.0 0 1 5.00' C 5 0.0 0 . " 5.00 6 0 0.0 0 T 30.00 27.50 17.50 17.M 15.00 250.00 75.00 1. 3 6 5.5 0 6 0 0.0 0 1. 9 6 5.5 0 T THE ABOVE APPRASIAL WAS MADE BY: ROY D. GOTTSHALL, AUCTIONEER ROUTE # 1 BOILING'SPRINGS, PA. .// "" .'co? 'Lr.e;;/ ~-U. ~d7~-C/C_, /C -=---- '. f -V, Ii - - '-..-' '-) ~\i:o/-u.r.\~y" en/ele ~ c/luto SafeJ. CHARLES ZIMMERMAN. OWNER CARUSLE. PA 17013 . PHONE 243.0777 }!AY 25. 1'70 I?. GE:OttGE Ii:. BorfER. ATTY. 9 IRVINE ROW, CARLISlE, PEllNA. 1701.) SU5JECT, ESTATE 011' EY.METT SIlEtI.EY, USED CAR VAIlJATIONS. 1'34 rOll!) ltD. (ANTIQUE) MFG. NO. 1661700' $3500.00 1963 PONTIAC SEDAN MFC. NO. B63w45,a7 $ 300.00 I'd!. 1l0Fb'E~, ITIS MY OPINION TiE Allon PRICES WOULD RED'I&CT TODAYS 1'.ARIET V A.llJES . '?" ECTrULY~ %) I ",--.-.- . ,~ . .{M '1',/ ClIAS. D. ZIN~1jj;i'(}'.Alr ~ ~ Emmett Shelley Estate-Coin Collection U. S. Coins Face Value $ 42. 59 22 Foreign Coins Numismatic Value of coin collection $ 388.00 fG~La~~ Appraiser , "., t"J .----- - ~~;:~-"-'!'~.~~~""!'..~;~~-~---:----~Lr,.,~~~.....~..,.,....';i """j.. ______."(;$_. i' ETT:SI'IELLlri<-=-F-;-:-~ =<~~ '9089' II .~~~T::~~~~:ii~'~~"':----";' ~ .;;~~ - Ii -.- - - -- 61W1/311 - l~'! - --~. ../i--/'7.,. :::';jj?=~-:--=. ~ --- ~ - .- :.-..... """...- _.7-/~--'~19:.L!L: -". ~I' PJC"~''::- 0:l~ ,I &itr~1f!~JI;-.;_.'=--;:~7$_~9),,)5 If~I' ~ Z't'". __ J'tVP.f',4'#"~' m L .--. . . oil'".=-. --,';1iiJ.'b,,~ , C^RLISI,E,PENNSYLVANiA-'::='~. ~'::.i:J~,,~~=J~- _.-.~~~: ,'*:::'j _~._ ~._=--{ ~ _ -~-/~ _'""_ _ _ -7. .... ....- ----.'..__-(::,", -- - - ,~ '. 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'" 0" 0 .- N ,~ ~o 2 '" ... z -", .- e>- ~~ 0 .. ~: N '8 " -f ~ .~. o . or E ~ ~ . ~~ .~ :: ~ to' . < v "E ~ ~~ ~ .,' ~ " c e ;f~ ~. ~ ~ e ~ < .: ~ " , ~ .'. ~ : ~ .~ o . ~} < C . v . , ~, :':: c ~ . -' ; "f e.:: v _ c . ., ~. -. , " ' >. ~, o 0 -", < . ~ =- .!:: Cl "1J ~ , , t:: ~ 0.. Q< . . - , " -. ::.: g 0 . , g ; . . " . o .:- ""j 7 . ..... .- 469 EMN'.ETT SHELLEY 34 S. 'EAST STREET / CARLISLE, PA. 17013 . ... It; 'A'l '-- (~ 7 ~ $o;l~2 ~~~;~~;~f2'TH(!l.. ~f- GJlf1f.tfl; If JtL~ 1: ;.1;193.1( 7 -r -r:. If.: rY.7 j ) '"7"; nero J:''":</ 7~"'; - . LWf-w7l.:I_f~O ~tv~~ (V~~!-)'18(~Kt:~ ';' ~~D~l~^RS .FAR~~~~.r~~~VAS~~~/]~/ ~~tI':"~ -' . .'.0 l':; ~_ .t,: p _-=- WI:oH:l"'OI.,721: ~.~"_21r~"'O '\7,1'0 00 2qt~.U c= -~"~......._..;;..;::.. _Wi....... fd .;.~.... ,_,.. ....".~~~~~~~ !- ffi ill !( Ii; ~L:J ~. ~ ~~ o ~. 0 ~o "''' w ~z u >: z [X) < 0 ;--.. 01> :< z ....: " z " ~" m " <r ~:r "u 0 ..., ~ 0 ~>- . "- ~z I~ <r " L---E. I ~ I ~ ,A "-< 0.. ~ - ~ .,.., r:: f":; ~ 0 <<: H U z ..: H ~ ... ~ ifl >' P if- I: '" ~ Z .... ~ <::> :-.. . ..... "- .... - (/).... >-. ifl ~ 'WI- ..:I _J(ll ~ rll -I...... H WW<l. ~ H :r :<: tlJIUJ .,.., -<. .....J /""j . . .....~(/) ~ ~ I- 0- WtlLJ '" a:: -< :>:<r" ~ I w,..,u ~ L .... z' 0 .... '" , ~O . ou ,. u I ~" 0 e~ I ~'" 0- wO ~~ '" ~ wI> .... >z '" ~ - ~~ I ~v '" ~z "'0 u ~ ~ _.-.. . "- C) _~ _ _t:;! _ _ _ _ _ _ _ _____ _ _ _ _ _ _ __ __._ _ _ ___ _ ______ _____ 0- N N w ~ " o ., ... "- ... ::> '" w J: ~ O"'f-_________________________________________ o~ z- <0 w ",,,, ~U in o "- "' o '" w " '" < J: U ~ ~---------------------------------~------- x ~ o o Z < '" '" u w o :t: -- "- -~--------------~----- 0> N N ~ ( " --'- ..- ~ < ~ , 0 ~ IoU tJ) 0 v .J ~ --(\). 8 -- " !~~ . . e;5 } ~ 00 8 <:> . - 0 '. I , ~~ c ,. I 6 v h v QO v c f. ;: . .... c " ti~ ~ 69 . Zv , " ] (S~ 0 0.' 2~ ~ ~ c ~ e i ~ . 0 ~ '" o~ v 0- '0 ,; v < o. ..... ;; _"!t t; I ,.., E. '" ~ N .g: N ....,. ~, ~ , 'E: 0' <, o' ., ~ : C\':: , ,. ~~ <0 ~o 9 I >- r'- ~ _'I: :; [5 , M i '" < N ~ N 0 8 >- '" i < :li :li :> .n MEMO The CARLISLE Building &. Loan Association 17 WEST HIGH STREET CARLISLE. PA. 17013 TO.~. t~f; FROM ~. r/i fl~ e-.<- _ DATE UJ~-~JU7 t2-e- d # t t. 3/ (}3.d ~ i 3h7/7.i' <It?? <Ie ac.~d .-e ~~ ;. '/7)if -/- J,- t. 8 ;) ! p-{'J ~ d j.,:t;. 17 di- j-: d- t { ,h,aXJ. 340/ /7? o'/~ t~~d- 1/ & ~',f. yt a.e~Wu-u- J.~.'7 / a 9 /11 I 'f q 17. 7 ~ ,.-,' .- ,'. RCC.43 (S.65). .. ';IJ . ' COMMONWEAL Tij;OF PENNSYLVANIA , DEPARTMENT OF REVENUE . , HARRISBURG Fj; 3111 ( 1), '~,-. : "''.1: , ,~' eV"'''' NOTE: TO BEStJBMITTED IN TRIPLICATE " Pennsylv'~niaDepartin~nt of Revenue Bureau ~f County Collections 26,S. 4th Street Harrisburg, Perinsylv,ania Dear Sir: Pursuant to Section 742, Pennsylvania In'heritance and Estate Tax Act of 1961, we herewith submit the fallowing report: NAME OF REPORTING FINANCIAL INSTITUTION tvn.~~ ~'11:t+. '1(!~f.iIV ADDRESS ACCOUNT NO. OF JOINT, TRUST OR INVESTMENT DEPOSIT NAMES ON ACCOUNT OR INVESTMENT " 1 West Htcl'i ,Street Cll.t'1.t.s1l'l.. Pa.;' i7nl~ 1-2S68Q..8 ~tShG1i61 ' DECEASED JOINT DEPOSITOR, TRUSTEE 'OR INVESTOR ADDRESS DATE.OF:,DEATii SURVIVING DEPOSITOR, BEN EFI ClARY OR INVESTOR El:lmott 6he13.ey 34 S. &.st Street Ga.rltslej1'a.. 11013, M$rcll 27. 1911 ADDRESS' ". ,.... ,. .' ~;'::, .'. ..;....i:.,..... RELATIONSHIP TO DECEDENT DATE DEPOSIT OR INVESTMENT WAS ESTABLISHED .r.1nAP~ lQon: BALANCE, INCLUDING INTEREST DUE, AT DATE OF DEATH. $ , $4.183.86 . '., '; ; . . f, RCC - 36 . Cl)~Ml)\W"EAl.TII lW PE~N~YLrJ\NI'" TRA\~r,~i\ I\Hl':!\IH.1\CE TAX SCHEDULE "c" THANSFEIIS ;\ES I nE\T DECFnENT (1) Did decedent, within two years ordeath, make any truns:fer of any material part of his estate, without receiying tl valuable ar.cl adequRte consideration theref'or? (Answer yes or no) no (~) Dirl rlecerlent, wi t.hin two years of rleuth, transfer l'rol'erLY from himself to himself anrl another or c.thers (inclllrling It spouse) in joint ownership? (Answer yes or no) no (:J) If the answer to (1) or (2) above is in the aff'irmative state: (a) Age of decedent at time of transfer (b) State of' decedent' 5 heal th at time of making the transf'er. (Note 1). (6) Cause of' decerlent' 5 death. (Note 1). (4) Did decedent, in his lifetime, make any trans:fer of' property without receiving a valuable or adequate consideration there~or which was to take effect in possession or enjoyment at or after his death? (Answer yes or no) no (a) Was there any possibility that the property transferred might return to transferer or his estate or be subject to his power of disposition? (Answer yes or no) (b) What was the transferee's age at time of decedent's death? (5) Did decerlent In his lifetime make any transfer without receiving a valuable anrl arlequate consideration therefor. under which transferor expressly or impliedly reserves for his life or any period which does not in fllct end berore his death: (n) The possession or enjoyment of or the right to income rrom the 'property transferred? (Answer yes or no) no (b) The right to designate the persons who shall possess or enjoy the property transferred or income therefrom? (Answer yes or no) nn . (G) If the answer to (5) (b) above is in the affirmative, state whether the right was reserved in decedent alone or others (7) Did decedent .in hls lifetime make a transfer, the consideration for which was transferee's promise to pay income to or f'or the benef'it of care of' transferor? (Answer yes or no) no (8) Did decedent, at any time, transfer property, the beneficial enjoyment of which was subject to change, because of' a reserverl power to 0.1 tel', amend, or revoke, or which cOllld revert to ctecedent under terms of' transfer or by operation of' law? (Answer yes or no) nn (9) If' the answer to (8) above is in the affirmative, was the power to alter, est of the beneficiary J'eserverl in the decedent alone or the decedent and (Answer yes or no) , NOTE 1: The answers to these questions should be SUPpoT'ted by affida.vit by the attenrUng ph;ysician as well as a copy of the death cert.ifi.cate. NOTE 2: If answer to any of the above questions is yes, set forth below a description of the property transferred, it's :fair market value at rtate of death, dates of transfers and to whom transferred, with relationship of transferees to ciecedent, if any. Submit copy of any trust deed or instrument, if trans- fers are claimed. to be non-taxable, also submit detailed statement of' facts on which said claim is based. NOTE 3: List applicable property below in manner in which provided in Schedules A, B, or E. - amend, or revoke the inter- others? ITEM IIAJUillT VALUE (Es tima terl) DEPT. VALUATION (Dept. Only) DESCRIPTION NONE i , , , ; , i i I Insert this tntrJ..l opposite "Tra.nsfers", Schedule "e" in the "As Reported" colunm on the last page of this return. NONE r__ /",w -(rJ J)-d'^' f _ ifF' l' -? ,.', " REV-405S (8-18)" T COMMONWEALTlI OF PENNSYLVANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "D" BENEFICIARIES - BENEFICIARIES AND ADDRESSES RELATIONSHIP - - (State full names and addresses of all who (If' I!l.tep--chiLdren or SURVIVED DATE INTEREST OF have an interest..vested. contingent or other- illegitimate children DECEDENT OF BENEFICIARY wise,. in estate) are involved, set STATE YES BIRTH IN ESTATE forth this fact,) OR NO - - GeOrge E. Hoffer Trustee Under D__' - Agreement dated 8/19/77 9 Irvine Row Carlisle Penna. 17013 Farmers Trust Co. Trusree U~"o~ Residue Agreement dated 7/28/75 - P.O. Box 220 - Carlisle Penna. 17013 Beneficiaries of both these trus s are Mr. Shelle ,,'s "randch 1dren David Mallov and She11pv M""- - , - . . -, - , - Deponent further says that all the above-named beneficiaries are living at thi s time except below~ NAME DATE OF DEATH RESIDENCE - , =L "''': .... : "" ., " = ~ 8 - " 0.0 E <J .!. 8 : B_] e ~ ~ " E Co >< " !:! a: SUMMAR Y Real Property Personal Property Transfers (Sch. "A") $ (Sch. "8") $ (Sch, "C") $ $ $ $ (1) (As Reported) 28,800.00 105,194.42 .00 n~ .'~Qt.. t..? " -, (2) (As Determined) $ $ $ $ $ $ Gross Taxable Estate I-< ." ~ Z " .. ~ ., " >- :::;; '" " ~ <J '" " OJ ..J :;: Q ..... '"CI < .. g on c.: tl. ..... ~ tl.. ..... ..... '" 0 ~ ~ 'c '" tl.. .. OJ '" Go " < ,,~ U ~ >- Go ..c ~ ..cl-< l>< >. < 0 I-< 1-<< r>I .... ., :c '-I-< ....:I 0 U " Q Z .S I-< ....:I " :z 0", r>I .c " < tl. ~ := eo c.. .. 0 '" ;:l - I- 0 0 0 '" .~ c.: Eo< ~ oS 0 - ~ Eo< 0 Go .. I I:<l ";j ~ I-< w - " ., I-< - ;. '" 0 'c < - " .~ :::;; 0 ... 0 -8 " ;: E :-=-0 "'" " 8 ~< 0 ..J U U .".'; .. RCC"-38 RF~IDENT DECEDENT SCHEDULE nEn JOINTLY OWNED PROPERTY c COMM0lo1WEI\l;rH OF I'ENNSYLV,\NIA THI\~~}l:1t !XHl,lUTANCE TAX I:'\STRl'CTIOSS: This sched.ule must disclose all property, real and personal, owner! by the decedent jointly wi t.h another or others, including intangibles, standing in the name of the decedent and others. List real estate first, as entireties, or joint tenants, giving brief description, as indicated lmder Schedule "A", plus the date and pl.ace of record of instrument effecting vestiture, but do not include entireties or out of' state real estate value in estate valuation column. Personal property should. be listed as in Schedule "B", plus date of acquisition, and the name, address and relationship (if any) of co-owners to the decedent. Description of Property, Date of Acquisition, Name' unit - percentage Estate DEPARTJ{ENT VALUATION Address and Relationship of Co-Owners, and Place 1 Value Share Valuation CAUTION-Do not Write of Record of Instrument, where Real Estate. , In This Space. , = <X- XX ~ :xx ~ ~ :x> X ~ :xx % Value of' Value of' :x Y> X)<. ~ :xx xX :x ~ :x> Y> Y> Xi< ::x ::x Entire Decedent' 5 :x ..JV< :x> ;(9' :x xX ;X :x >0<: Property Interest :x NONE I . . I I I I I I I I , I 1 I I I I 1 I , ! I I I I ! i I , , I I I i .1 1 I 1 i ! i Insert this total opposite "Jointly Owned Property", Schedule "En in the" As Reported" column on the last page of' this return. NONE . REV-S1B (3-79) COMMONWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS P. 0: BOX 2970 HARRISBURG 17105 IN YOUR REPL V PLEASE REFER TO I nV8stigation Division NOTICE OF FILING OF APPRAISEMENT George E. Hoffer 9 Irvine Row Carlisle, Penna. (Executor or Administratorl In Re: Estate of Ennnett Shelley Cumberland County - File No.21~78c,;0188 Dear You are hereby notified that the Original appraisement in the estate of Ennnett Shelley has been fi led in the office of the Register of Wills of Cumberland County on 18 June ,19Z2-. Said appraisement reflects the following valuations: Real Estate Personal Property Transfers Jointly Owned Total 28,800.00 105.180.49 None None 133.980.49 As to such tax that is paid within three months from date of death, a five (5%) percent discount is allowable. As to any tax that remains unpaid after nine (9) months (fifteen months when death occurred from December 22, 1965 to June 16,1971, inclusive; and twelve months when death occurred prior to December 22, 1965) from date of death, interest at the rate of six (6%) percent per annum is charged. Any party in interest who is aggrieved by this notice may object thereto within sixty days after receipt of said notice as provided by Section 1001 of the Inheritance and Estate Tax Act of 1961, 72 P. S. 2485-1001, P. L. 373. Date .18 June 1978 Signed Le~ ~~~ Administrative Officer Title NOTE: This is not a bill. REV-457 (8..76) DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS P.O. BOX 2970 HARRISBURG. PENNA. 17105 . COMMONWEALTH OF PENNSYLVANIA RESIDENT INHERITANCE TAX APPRAISEMENT DATE COUNTY FILE NO. 18 .Tune tq79_ Cumberland - 21-78-0188 Whereas, Emmett Shelley late of Carlisle in the County of Cumberland Commonwealth of Pennsylvania, having died on the 27th day of March 19'~, seized and possessed of an estate subject to Inheritance Tax under the laws of the Commonwealth of Pennsylvania; Therefore, I, Leo Fulginiti ,an appraiser duly appointed according to law, having been designated to make a fair and conscionable appraisement of the said estate, and to assess and fix the cash value of all annuities and life estates growing out of said estate, hereby file the following appraisement: In the event that any future interest In this estate is transferred in possession or enjoyment to collateral heirs of the decedent after the expiration of any estate for Ilfe or for years. the Commonwealth hereby expressly reServes the right to appraise and assess transfer inheritance taxes at the lawful collateral rat~ on any such future interest DESCRIPTION OF ASSET UNIT APpraisement VALUES Made for J nheritance Tax Purposes Real Estate $ ?ll linn nn In~ Illn L.Q None T_<_~"" U..I..l \" , Total" Assets 133,980 49 " . , . . Have been duly sworn accf'sding to law, I do hereby certify that the abj,ve appraisement is made in con.f~rmity with the law on this day of \ une _. 19'~ _. '----.(2._^''' ~ ( 0 ......:A:) U . Appraiser (!::iLJmber at'J,d Street) llarrisDurg, (Post Office) . Penna. >, ~ e: 5 C) \~ ~ ~: ~~ ,. v, ~ "" 'Ii'!; ... z w ~ w Ul <( II: ... ~ x ~ w U Z <l: !: II: w :J: Z !Z w o in w II: '0 '" ~ :g ~ 1 . '" ~ ~ ~Cl ! 1 "! ... - . . . . "" ,...: 0- :N ..... \Q~\Q 8~ w :> z co: ...~ W "'" 0: > ~ ~ ~ .: ...: co: W e: "'" ...: a: ~~ '" ~ N: ,J,; :@ ... ~ 1 .: 0 .2l 0; ~ 0 '" :.'! ....: 0 .... a ";:a '0 .: 2: ~ ....: :> !;:: ... z Q, -g '" il~ ~ 0 ",- w ~ ~ ~ '" ::s :e ~ g ~ J ~! "'" -'" la 8 ~ .... e: ~ <"l ~ ~ a: 'Il 5 <J::: ] Cl ~ '" '" ~ <( 11 .0 '" ..r::- ~ ~ 's, '0 0.. 1 " 'Il ~ ~ ~ '" w "E '" ~ 'Il 0:: ~ C 0 ~ ~ ~ "S " .~ 'Il ~ ::s ~ '0 '" 0 '" ";:a 11 0:: .... g, ~ ~ ~ ..... ~ ~ fi: -... ...,.. '" -, TRUS'!' AGREEMENT THIS AGREEMENT entered into by and between E!<U~ETT SHELLEY, of Carlisle, Cumberland County, Pennsylvania, hereinafter called SETTLOR, l\ND FA~ffiRS TRUST COMPANY, of Carlisle, Cumberland county, Pennsylvania, hereinafter- called TRUSTEE: WHEREAS, Settlor desi.res to place certain funds in the hands of Trustee for the purpose of investing the same and paying the income to Settlor for and during his lifetime; NOW THEREFORE, Settlor does hereby deposit wi,th Trustee the sum of Eighty Thousand Dollars ($80,000.00) and Trustee does hereby acknowledge rece~pt of said sum, IN TRUST, NEVERTHELESS, upon the following t:erms and conditions: 1. Trustee shall invest and reinvest the corpus of the Trust and pay the income derived therefrom and so much of the principal as agreed upon by the Settlor und Trustee from time to time to the Settlor upon a monthly basis. 2. Settlor shall have the right to add to the corpus of this Trust from time to time. 3. Settlor shall have the right to terminate the Trust in whole or in part upon ninety (90) days written notice to the 'frustee. 4. Trustee shall be paid as compensation for its services a fee of one-half of one percent per annum based upon the invested principal as of ,July 31 of each year. In no evcn1:, hO\oI- evel-, shnll the annual compensation be less than Fifty Dollars "':\" /~ ;>>,:~~ft; > ~ .. 'i _~ .~\~ ..~ ' ~. ~ .t: . ($50.00). Trustee shall not be entitled to any ad~itj.onal fee upon termination of the Trust. Should the Trust be terminated within one year from the date of this Agreement, Trustee shall be entitled either to receive the full annual fee or a reasonable fee for the work performGd to date which shall not exceed the annual fee. 5. Trustee shall have full powers of investment as provided by law and in addition thereto shall have the following powers: (A) 'ro hold investments either in its own name or the name of its nominee. (B) To pay on account of the Settlor reasonable expenses of medical care and support of Settlor should Settlor be incapa- citated for any reaso~nd should insurance proceeds or other funds not be readily available to provide such care and support. should thG income be insufficient to carry out the provisions of thG above paragraph Trustee is au.thorized to use Trust prine ipa 1 for such purpose or purposes. . (e) In the event of any incapacity to act in Settlor's place <Jnel ste<Jd to receive <Jnd dispurse funds to meet sUCh obil- gations as Settlor would otherwise be required to meet in the normal course of events. 6. If not sooner terminated, upon the death of the Settlor The Trustee sl1all pay all estate, inheritance, succession and similar taxes becoming due and payable by reason of the Settlor's death, whether or not levied upon property forming a corpus of the Trust, as well as all administraU.ve expenses upon the estate -2- t, J'l'" f ":::-'~,.. ~ , .~ 0, , ,. .' ." . ( ~ of the Settlor, including both trust and non-trust property. The Trustee shall then hold the renaining balance of the Trust in further trust and pay the net income derived therefrom to Nellie E. Myers in either monthly or quarter-annual payments. 7. At the death of said Nellie E. Myers. or at the death of Settlor should he survive her, the Trust shall continue under the following terms: (a) The benefic-iaries of the Trust shall be Settlor's daughter, Mary Jane Malloy, and Settlor's two grandchildren. or their issue, per stirpes; (b) The beneficiaries of the Trust shall share equally in the Trust; (c) One year from the death of the survivor of Nellie E. Myers or Settlor, the Trustee shall pay to the beneficiaries One-sixth (1/6) of the principal and accumulated income; and each respective year thereafter, the Trustee shall pay to the benefi- ciaries One-fifth (1/5), One-fourth (1/4), One-third (1/3), One-half (1/2), and the r~aining balance of the fund until the Trust is liquidated. (it being the intention of the Settlor that the Trust shall terminate seven years (7) from the date of death of the survivor of Settlor or Nellie E. Myers); (d) Upon the death of Mary Jane Malloy during any period v of the existence of this Trust, the interest of Mary Jane Malloy in ,this Trust shall terminate. IN WITNESS WHEREOF, the Settlor has hereunto set his hand and -3- ..Ii:'). . ~ , . I~; (\ seal. and the Trustee has caused this Agreement to be executed by the Trust Officer and its corporate seal affixed hereto this .z.!" day of .:It.-Ii,! ll1 -l<\- , VlITNE~p? ~~#' < '/- -y- 191:7 ~~~H~a-v.. . (j (SEAL) FARMERS TRUST COMPANY BY: , I'" i. . I , (' ., .-. , U" (\.._'- '_.' j " G"",',', ....j.v......I.-.~___ Trust Officer -4- .,J, ,; _." :-.. .. " '.... SECOND AMENDMENT TO TRUST AGFEEMENT BY AGREEMENT of the parties hereto, the following amendment is made to the Amendment to Trust Agreement dated August 27, 1975: I hereby revoke completely the Amendment to Trust Agreement dated August 27, 1975. It is my specific intention that Terry Owen Malloy is not and shall not be a beneficiary of my Trust Agreement which is dated July 28, 1975. IN WITNESS WHEREOF, The Settlor has hereunto set his hand and seal and the Trustee has caused this amendment to be executed by the Trust Officer and its corporate seal affixed hereto this 19th day of August, 1977. HITNESS: /'\ y: - .1\ j. c.f7)."",,~.v:..k..ll',.f/-,,- ......:-L~,_. Emmett Shelley ./'1 FARMERS/TRUST /,. . BY: /:;/ Trust (SEAL) '.. {J~ G ~ Ie. . ~~ . '-\ ' . ~>;;,Sj . ;'''<,. ') " .- . ~ ~ .;',"' , .",-..; REVOCATION OF AMENDMENT TO TRUST AGREEMENT BY AGREEMENT of the Parties hereto, the Amendment To Trust Agreement dated August 27, 1975, is hereby revoked. and declared null and void. The Trust Agreement shall be as originally stated on July 28, 1975. IN WITNESS WHEREOF, the Settlor has hereunto set his hand and seal and the Trustee has caused this revocation of amendment to be executed by the Trust Officer and its cor- porate seal affixed hereto this ~.f41\ day of October. 1975. " .C\ (/ -;. ATTEST: /Ju( Secretary ) FARMERS TRUST COMPANY /\ L ( /J / , _ / i'! , ' ( BY:!;'! /IL{ r;'", Trust Officer ) . . .r -.. . . "0.. . . . \ . . AMENDMENT 12 TRUST AGREEMENT BY AGREEMENT of the parties hereto. the following amendments .. are made to the Trust Agreement dated July 28, 1975: ~aragraph 7 (a) is amended to read as follows: (a) The beneficiaries of the Trust shall be . Of~~ Settlor's daughter, Nary Jane Malloy; ~ettlor' s son-in-law, Terry O\"en Malloy; and Settlor's two grandchildren. or thel.r issue, per stirpes; Paragraph 7 is amended to include sub-paragraph (e) as follows: (e) Upon the death of Terry Owen Malloy during any period of the existence of this Trust. the interest of Terry Owen Malloy in this Trust shall terminate. IN \HTNESS \1HEREOF, the Settlor has hereunto set his hand and seal and the Trustee has caused this amendment to be executed by the Trust Officer and its corporate seal atfixed hereto this 1.. 7 day of August 1975. o /D 1/1 ,.p...t.<..~~//.k't."(""~.....~__ (SEAL) Emmett She}ley ! WITNESS: FA~lERS TRUST COMPANY ,,,, {' p ~ " . Iv' ;:::: 1...-'" i'\....A /1$;5;Jrl~~re~ry. -. -/7 , ~. I BY ! . U'. \.. . " - : ---1_.LJ.-:... ": _ .-..:.._ .1!-.. _~. =-- +~_ _" , Trust Otf~cer tfV 0\' ./ nd -/1~ \\." 0 f t 1\,\'1 I \ '\ ~ \ o L .('"~_'l-