HomeMy WebLinkAbout01-11-80 (2)
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IN THE ORPHANS' COURT OF CUMBERLAND COUNTY, PENNSYLVANIA
FIRST AND FINAL ACCOUNT OF
JEAN MCLEOD CROFT,
NANCY MCLEOD STEPHENSON,
KATHRYN S. MCLEOD AND
DAUPHIN DEPOSIT BANK AND TRUST COMPANY
EXECUTORS OF THE ESTATE OF
MURDOCK MCLEOD
LATE OF EAST PENNSBORO TOWNSHIP
CUMBERLAND COUNTY, PENNSYLVANIA
DECEASED
DATE OF DEATH:
January 28, 1978
DATE OF ISSUANCE OF LETTERS:
February 27, 1978
DATE OF ADVERTISING:
Cumberland Law Journal
March 10, 17 and 24, 1978
The Patriot & Evening News
March 6, 13 and 20, 1978
ATTORNEY:
Henry W. Rhoads
Rhoads, Sinon & Hendershot
410 North Third Street
Harrisburg, Pennsylvania 17101
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1978
Apr.
20
FIRST AND FINAl ACCOUNT OF
JEAN MCLEOD CROFT,
NANCY MCLEOD STEPHENSON,
KATHRYN S. MCLEOD AND
DAUPHIN DEPOSIT BANK AND TRUST COMPANY
EXECUTORS OF THE ESTATE OF
MURDOCK MCLEOD
LATE OF EAST PENNSBORO TOWNSHIP
CUMBERLAND COUNTY, PENNSYLVANIA
DECEASED
PERSONALTY
PRINCIPAL RECEIPTS
The Accountants charge themselves with the items of Personalty
as per Inventory and Appraisement as filed:
AlSO WITH THE FOLLOWING:
Gain on sale of 40 shares Atlantic Richfield Company $2.80
Cumulative Convertible Preferred
Realized
Carried at
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$ 2,254.07
2,169.75
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$ 416,131.27
84.32
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Apr. 20 Gain on sale of 48 shares Atlantic Richfield Company, Common
Realized $ 2,268.10
Carried at 2,168.60 $ 99.50
Apr. 20 Gain on sale of 66 shares Exxon Corporation
Realized $ 2,937.47
Carried at 2,909.23 28.24
Apr. 20 Gain on sale of 75 shares Ford Motor Company
Realized $ 3,517.66
Carried at 3,125.32 392.34
Apr. 20 Gain on sale of 63 shares General Motors Corporation
Realized $ 3,904.21
Carried at 3,672.82 231. 39
Apr. 20 Gain on sale of 55 shares Harsco Corporation
Realized $ 1,604.72
Carried at 1,492.98 111. 74
Apr. 20 Gain on sale of 96 shares Louisiana-Pacific Corporation
Realized $ 1,392.56
Carried at 1,231.10 161.46
Apr. 20 Gain on sale of 158 shares National Central Financial
Corporation
Realized $ 3,673.50
Carried at 3,556.10 117.40
Apr. 20 Gain on sale of 79 shares Pacific Gas & Electric Company
Realized $ 1,867.41
Carried at 1,855.13 12.28
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Apr. 20 Gain on sale of 80 shares Westinghouse Electric Corporation
Realized $ 1,475.66
Carried at 1,421.10 $ 54.56
Apr. 21 Gain on sale of 1,480 shares American Telephone & Telegraph
Company
Realized $ 90,982.48
Carried at 84,684.85 6,297.63
Apr. 21 Gain on sale of 252 shares Standard Oil of California
Realized $ 9,752.79
Carried at 9,010.10 742.69
Apr. 25 Gain on sale of 180 shares Philip Morris, Inc.
Realized $ 10,656.22
Carried at 10,322.98 333.34
June 12 Gain on sale of 918 shares American Telephone & Telegraph
Company
Realized $ 55,583.66
Carried at 52,526.81 3,056.85
1979
Jan. 29 Gain on distribution of 3,300 shares American Telephone &
Telegraph Company to partially satisfy bequest to Kathryn S.
McLeod as per Item IV of the Will
Distribution value $200,475.00
Carried at 188,821.87 11,653.13
TOTAL PERSONALTY PRINCIPAL RECEIPTS $ 439,508.14
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1978
Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
10
15
16
17
17
17
17
20
22
23
PERSONALTY
PRINCIPAL DISBURSEMENTS
6
Richard E. Anderson, Register of Wills - Probating Will
6
Richard E. Anderson, Register of Wills - 25 Short Certificates
2
Cumberland Law Journal - Cost of advertising & proof of
publication
Musselman Funeral Home - Funeral expenses
Kathryn S. McLeod - Reimbursement for expenses paid to Boca
Raton Community Hospital
Pennsylvania Department of Revenue -
Fee for certification
of title
Registration plate
transfer fee
$
5.00
4.00
Boca Radiology Group - Professional services
J. M. Mauceri - Professional services
A. C. Edmundowicz, M.D. - Professional services
Quality Ambulance Service - Balance due
Ray B. Reichert - Appraisal of household effects
Royal Palm Cardiovascular Clinic, Schilling & Associates
Chartered - Professional services
Patriot News Company - Cost of advertising & proof of
publication
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$
89.00
25.00
10.00
3 , 712 . 71
203.12
9.00
115.00
450.00
15.00
50.00
26.00
100.00
54.75
1978
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
20
20
20
21
24
25
25
25
27
Loss on sale of 91 shares Dauphin Deposit Corporation
Carried at
Realized
$ 2,821.00
2,809.63
Loss on sale of 55 shares International Harvester Company
Carried at
Realized
$ 1,582.35
1,446.11
Loss on sale of 14 shares New England Telephone & Telegraph
Company
Carried at
Realized
$
489.79
466.23
Loss on sale of 160 shares Dresser Industries, Inc.
Carried at
Realized
$ 6,226.10
5,754.93
Dauphin Deposit Bank & Trust Company - Principal payment on
loan
Loss on sale of 474 shares Cincinnati Bell, Inc.
Carried at
Realized
$ 13,865.60
13,059.53
Loss on sale of 330 shares Georgia-Pacific Corporation
Carried at
Realized
$ 8,096.41
8,062.12
Loss on sale of 100 shares Gulf Oil Corporation
Carried at
Realized
$ 2,460.48
2,391.15
Dauphin Deposit Bank & Trust Company - Reimbursement for postage
& insurance costs for transfer of stock
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$
11. 37
136.24
23.56
471.17
105,300.00
806.07
34.29
69.33
3.00
1978
May
May
May
22
June 13
July 18
July 27
Sept. 4
Sept. 27
Oct. 27
Oct.
30
Oct.
30
1979
Jan.
10
2
Richard E. Anderson, Register of Wills -
Balance on account of
Inheritance Tax
Less: 5% Discount
$ 18,000.00
900.00
5
Richard E. Anderson, Register of Wills - 1 Short Certificate
Loss on sale of 34 shares Cincinnati Bell, Inc.
Carried at
Realized
$
994.50
963.81
Homemakers International Company - Nursing services for week
ending 1/27/78
Connecticut Mutual Life Insurance Company - Premium on policy
insuring Nancy McLeod Stephenson
Internal Revenue Service - Additional 1977 Federal Income Tax
Cumberland Law Journal - Additional cost for advertising &
proof of publication
Rhoads, Sinon & Hendershot - Reimbursement for miscellaneous
expenses paid to the Register of Wills
Richard E. Anderson, Register of Wills - Cost for filing:
Inventory
RCC
Debts & Deductions
$
3.00
3.00
3.00
Internal Revenue Service - Federal Estate Tax
Richard E. Anderson, Register of Wills - Balance of Penna.
Inheritance Tax
Jardine, Stephenson, Blewett, & Weaver - Reimbursement for
expenses incurred by Nancy Stephenson as Co-Executor
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$ 17,100.00
1.00
30.69
663.76
20.94
10.20
8.00
10.00
9.00
11,999.00
3,965.78
47.18
1979
Apr.
Apr.
June
June
July
1979
Dec.
10
10
27
17
13
Internal Revenue Service - 1978 Federal Fiduciary Income Tax
Pennsylvania Department of Revenue - 1978 Penna. Fiduciary
Income Tax
6
Richard E. Anderson, Register of Wills - Payment on Penna.
Inheritance Tax
Richard E. Anderson, Register of Wills - Balance of Penna.
Inheritance Tax
Connecticut Mutual Life Insurance Company - Premium on policy
insuring Nancy McLeod Stephenson
Notary fees
RESERVE TO PAY THE FOLLOWING:
Dauphin Deposit Bank & Trust Company - Co-Executor's Fee
Rhoads, Sinon & Hendershot - Attorney's Fee
Kathryn S. McLeod - Family Exemption
Reserve to File Account
TOTAL PERSONALTY PRINCIPAL DISBURSEMENTS
REALTY
PRINCIPAL RECEIPTS
The Accountant charges itself with the items of Realty as
shown by the Inventory & Appraisement as filed
ALSO WITH THE FOLLOWING:
Gain on sale of real estate located Beach Farm Road, Wormleysburg,
Pennsylvania
Realized
Carried at
$125,000.00
100,000.00
TOTAL REALTY PRINCIPAL RECEIPTS
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$
2,758.00
208.00
343.32
12.77
14.85
47.00
15,403.28
8,000.00
2,000.00
1,000.00
$ 175,367.38
$ 100,000.00
25,000.00
$ 125,000.00
1978
Apr.
Apr.
July
Sept.
Oct.
Nov.
1979
Mar.
Aug.
Nov.
28
24
20
30
10
21
20
13
..
REALTY
PRINCIPAL DISBURSEMENTS
7
Jerome VanNest, Tax Collector - 1978 Real Estate Taxes:
County
Borough
$
158.88
145.64
William J. Daylor - Appraisal of real estate
Jerome VanNest, Tax Collector - 1978 School Taxes
Insurance Company of North America - Premium on homeowners
policy # A14360l28 from 11/26/78 to 11/26/79
Kathryn S. McLeod - Reimbursement for the following real estate
bills:
Barry L. Stoner
Central State
Distributors, Inc.
John E. Cohick
$
580.00
163.00
89.50
Lawrence C. Frank, Esquire Trustee for Wampler Brothers _
Repairs to heating unit 2/16/78
Jerome VanNest, Tax Collector - 1979 Real Estate Taxes:
County
Borough
$
119.16
172 .12
Jerome VanNest, Tax Collector - 1979 School Taxes
Joseph McGraw, Inc. - Appraisal of real estate
TOTAL REALTY PRINCIPAL DISBURSEMENTS
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$
304.52
125.00
717.60
684.25
832.50
34.18
291. 28
744.07
150.00
$
3,883.40
1978
Mar.
l".ar.
Mar.
Mar.
Har.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
-
13
13
15
15
15
15
15
22
30
10
10
10
13
17
17
20
21
PERSONALTY
INCOME RECEIPTS
Dividend: Louisiana-Pacific Corporation
Dividend: Westinghouse Electric Corporation
Dividend: Exxon Corporation
Dividend: Georgia-Pacific Corporation
Dividend: Gulf Oil Corporation
Dividend: Standard Oil of California
Dividend: Atlantic Richfield Company
Dividend: Dresser Industries, Inc.
Dividend: Atlantic Richfield Company $2.80 Cumulative
Convertible Preferred
3
Dividend: Dauphin Deposit Corporation
Dividend: American Telephone & Telegraph Company
Dividend: Cincinnati Bell, Inc.
Dividend: New England Telephone & Telegraph Company
Dividend: Philip Morris, Inc.
Dividend: International Harvester Company
Dividend: Pacific Gas & Electric Company
Dividend: National Central Financial Corporation
Interest: U.S. Savings Bonds Series E
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$
9.60
19.44
52.80
82.50
47.50
151. 20
28.80
35.20
28.00
45.50
6,552.70
243.84
10.08
92.25
28.87
42.66
58.46
3.22
1978
May
July
July
Sept.
Oct.
Oct.
Dec.
1979
Jan.
Jan.
Jan.
Feb.
Feb.
Mar.
Apr.
May
June
"
15
17
27
14
20
14
10
19
15
10
10
14
Dividend: Harsco Corporation
Dividend: American Telephone & Telegraph Company
Interest: Dauphin Deposit Bank & Trust Company 5% Statement
Savings Account
Interest: $55,000. U.S. Treasury Bills due 9/14/78
2
Dividend: American Telephone & Telegraph Company
Interest: Dauphin Deposit Bank & Trust Company 5% Statement
Savings Account
Interest: $55,000. U.S. Treasury Bills due 12/14/78
4
Dividend: American Telephone & Telegraph Company
Interest: Dauphin Deposit Bank & Trust Company 5% Statement
Savings Account
Received from Kathryn S. McLeod - Reimbursement
for premium on Aetna Insurance Policy #57P1365PCA
paid to 11/19/79 covering personal effects
6
Interest: Dauphin Deposit Bank & Trust Company 5% Statement
Savings Account
7
Interest: Dauphin Deposit Bank & Trust Company 5% Statement
Savings Account
Interest: $55,000. U.S. Treasury Bills due 3/15/79
Interest: Dauphin Deposit Bank & Trust Company 5% Statement
Savings Account
Interest: $15,000. U.S. Treasury Bills due 5/10/79
Interest: $55,000. U.S. Treasury Bills due 6/14/79
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$
22.00
4,850.70
390.72
907.86
3,795.00
569.12
1,069.75
3,795.00
478.89
49.00
50.02
93.17
1,241.35
126.92
346.94
1,312.42
1979
July 11 Interest: Dauphin Deposit Bank & Trust Company Master Savings
Account $ 61. 96
Aug. 9 Interest: $15,000. U.S. Treasury Bills due 8/9/79 364.80
Sept. 5 Earnings: U.S. Treasury Daily Repurchase Agreement to 8/31/79 47.52
Sept. 13 Interest: $55,000. U.S. Treasury Bills due 9/13/79 1,245.20
Oct. 2 Earnings: U.S. Treasury Daily Repurchase Agreement to 9/30/79 412.00
Oct. 3 Interest: Dauphin Deposit Bank & Trust Company Master Savings
Account 37.27
Nov. 2 Earnings: U.S. Treasury Daily Repurchase Agreement to 10/31/79 654.06
Dec. 3 Earnings: U.S. Treasury Daily Repurchase Agreement to 11/30/79 758.36
TOTAL PERSONALTY INCOME RECEIPTS $ 30,212.65
PERSONALTY
INCOME DISBURSEMENTS
1978
Apr.
7
Internal Revenue Service - 1977 Federal Income Individual
Tax
$
1,031.19
Apr.
7
Pennsylvania Department of Revenue - 1977 Penna. Income
Individual Tax
28.00
Apr.
24
Dauphin Deposit Bank & Trust Company - Interest on loan to
April 24, 1978
2,618.20
Dec.
7
Aetna Life & Casualty Company - Insurance premium on policy
# 57P1365PCA paid to 11/9/79 covering personal effects
49.00
1979
Apr.
10
Internal Revenue Service - 1978 Federal Fiduciary Income Tax
5,354.00
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1979
Apr.
10
Pennsylvania Department of Revenue - 1978 Penna. Fiduciary
Income Tax
Dauphin Deposit Bank & Trust Company - Commission on income
(5% of $30,212.65)
Dauphin Deposit Bank & Trust Company - Service charge for
preparation of 1978 & 1979 Fiduciary Income Tax Returns
TOTAL PERSONALTY INCOME DISBURSEMENTS
REALTY
INCOME RECEIPTS
ItNONE"
REALTY
INCOME DISBURSEMENTS
"NONE"
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$
405.00
1,510.63
50.00
$ 11,046.02
1978
Har.
1979
Jan.
22
29
---
SUHHARY
TOTAL PERSONALTY PRINCIPAL RECEIPTS
TOTAL PERSONALTY PRINCIPAL DISBURSEHENTS
$439,508.14
175,367.38
$264,140.76
TOTAL REALTY PRINCIPAL RECEIPTS $125,000.00
TOTAL REALTY PRINCIPAL DISBURSEHENTS 3,883.40 121,116.60 $385,257.36
TOTAL PERSONALTY INCOHE RECEIPTS $ 30,212.65
TOTAL PERSONALTY INCOHE DISBURSEHENTS 11,046.02 $ 19,166.63
TOTAL REALTY INCOHE RECEIPTS $ 0.00
TOTAL REALTY INCOHE DISBURSEHENTS 0.00 0.00 19,166.63
$404,423.99
RECONCILIATION ACCOu~T
Balance as per First and Final Account
LESS ADVANCED DISTRIBUTIONS
$404,423.99
Kathryn S. HcLeod - Distributed in kind in accordance
with Item III of the Will
1977 Cadillac Fleetwood
Golf Clubs & Bag
University of Nevada
Centennial Coin
University of Nevada -
Bequest as per Item IV of the
Codicil of the Will dated
Harch 25, 1976
Less: Amount of previous gifts
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$ 8,050.00
50.00
1.00
8,101.00
$ 20,000.00
7,686.00
12,314.00
1979
Jan.
29
Kathryn S. McLeod - Bequest as per Item V of the
Codicil of the Will dated November 22, 1977,
consisting of:
3,300
Shares - American Telephone
& Telegraph Company
Cash
$ 210,000.00
$ 174,008.99
$200,475.00
9,525.00
BALANCE CONSISTS OF THE FOLLOWING
PRINCIPAL
Cash:
$153,962.76
Miscellaneous:
Connecticut Mutual Life Insurance Company
Policy # 1732911 insuring the life of
Nancy L. McLeod (owner Murdock McLeod)
879.60
$ 154,842.36
INCOME
Cash:
19,166.63
$ 174,008.99
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Exhibited into the Office of the Register of Wills in
the County of Cumberland this
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day of l,e'"
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and for
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, '1-9-7-9.:,
by
DAUPHIN DEPOSIT BANK AND TRUST COMPANY,
Jean McLeod Croft, Nancy McLeod Stephenson
and Kathryn S. McLeod, Executors of the
Estate of Murdock McLeod
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We hereby certify that actual notice of the time of presentation
of this account and of the character thereof has been given to
every unpaid creditor who has given written notice of his claim
to the accountants and to every other person to whom the accountants
have knowledge or notice who claim an interest in the estate as a
beneficiary.
DAUPHIN DEPOSIT BANK AND TRUST COMPANY,
Jean McLeod Croft, Nancy McLeod Stephenson
and Kathryn S. McLeod, Executors of the
Estate of Murdock McLeod
\
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. Vice President & Trust Officer
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By: >" 7 ~-\ .:,...d<-~ \..... '
Je~~ McLeod' croft.. ,\
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By('/4;;v.-... //,/_- ~ _
Nancy Mc e~ Stephenson
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By: 'K ()",ClLt~ ' .
Kathryn S. MLeod
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COMMONWEALTH OF PENNSYLVANIA )
) SS:
COUNTY OF DAUPHIN )
I hereby certify that on this gt,-
day of ~L'"
(,
nso
, 19--19-,
before me the subscriber, a Notary Public in and for the said
Commonwealth and County, personally appeared Thomas W. Walker,
Vice President and Trust Officer of Dauphin Deposit Bank and Trust
Company, the above named accountant, who, being duly sworn according
to law, deposes and says that the foregoing is a true and correct
account of all the rights, goods, chattels and credits which came
into the hands or possession of Dauphin Deposit Bank and Trust Company,
Co-Executor as aforesaid, or into the hands or possessions of any other
person or persons for them.
The affiant further says that no person claiming to be interested
in said estate, whether as creditors, legatees, next of kin or other-
wise, gave written notice of such claim to Dauphin Deposit Bank and
Trust Company, Co-Executor as aforesaid.
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STATE OF f',l.OIf"lPI} )
) SS:
COUNTY OF !f?OtJIl/j))
I hereby certify that on this J. '7 tii day of 1)/3; e. ,1979,
before me the subscriber, a Notary Public in and for the said State
and County, personally appeared Jean McLeod Croft, the above named
accountant, who being duly sworn according to law, deposes and says
that the foregoing is a true and correct account of all the rights,
goods, chattels and credits which came into the hands or possession
of Jean McLeod Croft, Co-Executor as aforesaid, or into the hands
or possessions of any other person or persons for them.
The affiant further says that no person claiming to be interested
in said estate, whether as creditors, legatees, next of kin or other-
wise, gave written notice of such claim to Jean McLeod Croft, Co-
Executor as aforesaid.
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Sworn to and subscribed before
. 1*"
me this ,) day
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STATE OF ""O~..r.....
COUNTY OF t..r.'.t.
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I hereby certify that on this 2 J IJI
day of l;)ee..,..J._ , 1979.
before me the subscriber, a Notary Public in and for the said State
and County, personally appeared Nancy McLeod Stephenson, the above
named accountant, who being duly sworn according to law, deposes and
says that the foregoing is a true and correct account of all the rights,
goods, chattels and credits which came into the hands or possession of
Nancy McLeod Stephenson, Co-Executor as aforesaid, or into the hands
or possessions of any other person or persons for them.
The affiant further says that no person claiming to be interested
in said estate, whether as creditors, legatees, next of kin or other-
wise, gave written notice of such claim to Nancy McLeod Stephenson, Co-
Executor as aforesaid.
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Sworn to and subscribed before
me this '"J II. day of .ot" . 1979,
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COMMONWEALTH OF PENNSYLVANIA )
) SS:
COUNTY OF DAUPHIN )
I hereby certify that on this
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day of
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, 19+9-,
before me the subscriber, a Notary Public in and for the said
Commonwealth and County, personally appeared Kathryn S. McLeod, the
above named accountant, who being duly sworn according to law,
deposes and says that the foregoing is a true and correct account
of all the rights, goods, chattels and credits which came into the
hands or possession of Kathryn S. McLeod, Co-Executor as aforesaid,
or into the hands or possessions of any other person or persons
for them.
The affiant further says that no person claiming to be interested
in said estate, whether as creditors, legatees, next of kin or other-
wise, gave written notice of such claim to Kathryn S. McLeod, Co-
Executor as aforesaid.
~~.L(LA-J>--- ,S dY~.rI-e..-L
Sworn to and
subscribed before
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day 0 f J<~ ".' , l-9-79.
me this 9; t\~
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C) \.' ";~" \... : ~~sburg, PA CC::J,JII:n County
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NOTARY PU311C
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