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Home My WebLink About07-27-79 " IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN THE ESTATE OF GEORGE JOSEPH KENNEDY, LATE OF THE BOROUGH OF CARLISLE SCHEDULE OF PROPOSED DISTRIBUTION Balance for distribution as per First and Final Account filed July 27, 1979 ~=~~2'!~~~,;~1 DISTRIBUTION: To Farmers Trust Company, Trustee U/Will FBO Lenore Duncan 1579 shs. American Telephone & Telegraph Co. 600 shs. Exxon Corp. 200 shs. Northeast Utilities 200 shs. Penna. Power & Light Co. Principal Cash Income Cash 96,072.28 27,037.50 1,968.75 4,206.25 7,034.95 3,192.58 ~==1~2'!~~~,;~1 STATEMENT OF THE REASONS FOR THE PROPOSED DISTRIBUTION COMMONWEALTH OF PENNSYLVANIA: the Last Will and Testament of The above distribution is proposed in George Joseph Kennedy, late of the Borough is C. Caverly, Se nd Trust Officer COUNTY OF CUMBERLAND Dennis C. Caverly, being duly sworn according to law, deposes and says that he is Senior Vice President and Trust Officer of Farmers Tr Company, the Accountant in the Estate above named, and that the facts set forth in he Statement of the Reasons for the Proposed Distribution are true and correct. r Vice President Sworn and subscribed to before me this J 7 day of July, 1979. USER 94 f;,~[ 317 . , COURT OF COMMON PLEAS OF CUMBERLAND COUNTY PENNSYLVANIA ORPHANS' COURT DIVISION ESTATE OF GEORGE JOSEPH KENNEDY Late of the Borough of Carlisle FIRST AND FINAL ACCOUNT OF FARMERS TRUST COMPANY, EXECUTOR Date of Death: June 18, 1978 Letters Granted: June 27, 1978 First Complete Advertisement of Grant of Letters: July 21, 1978 Account Stated to July 27, 1979 SUMMARY & INDEX Pages PRINCIPAL Receipts Net Gain on Conversions 2 2 Less Disbursements 3 Distributions to Beneficiaries 3 Principal Balance Remaining INCOME Receipts Less Disbursements r:'.~) 3 3 Distributions to Beneficiaries 4 Income Balance Remaining COMBINED BALANCE REMAINING lIfiER S4 ;:"'1" IMuL 313 173,459.16 930.54 174,389.70 36,069.97 138,319.73 2,000.00 11,699.77 639.99 11,059.78 7,867.20 136,319.73 3,192.58 ~=1~2'!~~h~1 . . COMPOSITION OF NET BALANCES PRINCIPAL 1579 shs. American Telephone & Telegraph Co. 600 shs. Exxon Corp. 200 shs. Northeast Utilities 200 shs. Pennsylvania Power & Light Co. Cash Cash 8/21/78 5/31/79 TOTAL PRINCIPAL INCOME PRINCIPAL RECEIPTS Inventory Filed Per Copy of Inventory Attached Subsequent Receipts Lump Sum Death Benefit, Railroad Retirement Board 1978 Federal Income Tax refund Total Principal Receipts 8/4/78 9/7/78 12/26/78 6/28/79 PRINCIPAL CONVERSIONS INTO CASH 2970.864 shs. Enterprise Proceeds Inventoried at Fund, Inc. 18,092.56 17,170.94 $2,100 par AT & T Deb. Proceeds Inventoried at 8.75% 5/15/00 2,122.05 2,113.13 Jewelry Proceeds Inventoried at 1,229.00 1,229.00 Lot 25, Bay Vista Blvd., Proceeds Inventoried at Sarasota, Florida 1,800.00 1,800.00 Totals Net Gain Transferred to Summary 2 liBER 9'4 . t' ~ .,!~ OhJL 314 749.60 213 . 00 Gain 921. 62 8.92 930.54 96,072.28 27,037.50 1,968.75 4,206.25 7,034.95 ~1~g'!~12,;Z~ ~==~~~2~,;~~ 172,496.56 962.60 g=1Z~~~~2,;1g Loss .00 g=====2~~,;~~ 6/28/78 6/29/79 6/30/78 7/3/78 7/6/78 7/7/78 7/14/78 7/18/78 8/11/78 8/15/78 9/15/78 11/3/78 11/14/78 11/24/78 1/3/79 2/12/79 3/5/79 3/7/79 3/8/79 4/11/79 6/15/79 . . PRINCIPAL DISBURSEMENTS Register of Wills, Letters Testamentary Cumberland Law Journal, advertising Letters Testamentary The Evening Sentinel, advertising Letters Testamentary Lenore Duncan, Family Exemption Notary Fees Elizabeth Schiffman, jewelry appraisal UGI Corp., service Hoffman Funeral Home, funeral expenses Carlisle Hospital, balance due Health-Care Rental Co., balance due Harris Associates, P.A., balance due Health-Care Rental Co., balance due Carlisle Hospital, balance due Register of Wills, Short Certificate Kenneth Guistwite, M.D., balance due Herb Fink, appraisal of lot in Florida Register of Wills, partial Pa. Inheritance Tax Register of Wills, Short Certificate Kenneth Guistwite, M.D., balance due Rebecca Eger, Tax Collector, 1978 real estate taxes Florida lot William A. Duncan, Esquire, partial attorney fee John Esposito Memorial Co., erecting monument Internal Revenue Service, Federal Estate Tax Register of Wills, balance Pa. Inheritance Tax Notary Fees Register of Wills, filing Inventory and Debts & Deductions Register of Wills, certified copy of Will Internal Revenue Service, balance Federal Estate Tax Pa. Department of Revenue, income tax due Carlisle Hospital, claim Reserved: William A. Duncan, Esquire, balance attorney fee Farmers Trust Company, commission Closing and Filing Costs 69.00 18.00 16.65 2,000.00 10.00 40.00 15.36 3,319.00 169.70 21. 06 20.00 21.10 17.56 1.00 86.00 100.00 8,500.00 1.00 544.00 7.64 7,000.00 355.00 4,407.02 188.86 6.00 6.00 2.00 1,068.29 108.74 57.00 857.84 6,786.15 250.00 Total Principal Disbursements 6/28/78 6/30/78 g==~g~~g2,;2Z PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES Dorothy Walsh Lenore Duncan 1,000.00 1,000.00 ~===~=~~~,;~~ Total Principal Distributions 6/30/78 8/7 /78 9/7/78 INCOME RECEIPTS Interest, Savings Acct. 8809, Carlisle Building & Loan Assn. Interest, Prudential Insurance Co. Policy 01 914 253 Interest, AT & T Deb. 8.75% 5/15/2000 Dividends, Exxon Corp. 9/12/78 to 6/11/79 Dividends, American Tel & Tel Co. 10/2/78 to 7/2/79 Dividends, Penna. Power & Light Co. 10/3/78 to 7/3/79 Dividends, Northeast Utilities 10/3/78 to 7/2/79 Interest, Certificate of Deposit Farmers Trust Co. 10/2/78 to 6/1/79 17.01 8.20 56.15 2,100.00 7,579.20 396.00 203.28 1,339.93 Total Income Receipts 3/6/79 g==U,!g22,;ZZ INCOME DISBURSEMENTS Computax Farmers Trust Co., income commission 55.00 584.99 Total Income Disbursements ~=====g~2,;22 3 LWLR 94 fi,,;[ 315 .. I . . INCOME DISTRIBUTIONS TO BENEFICIARIES 8/2/78 James Line, Tax Collector, personal taxes for Lenore Duncan James Line, Tax Collector, real estate taxes for Duncan property Gilbert & Steig1eman, Inc., extermination of termites Lenore Duncan property INA, insurance premium for Lenore Duncan property Leonard & Rotz, Inc., repairs Lenore Duncan property James Line, Tax Collector, 1979 county and borough real estate taxes for Lenore Duncan property James Line, Tax Collector, 1979 personal taxes for Lenore Duncan Pa. Dept. of Revenue, income tax due for Lenore Duncan Internal Revenue Service, income tax due for Lenore Duncan Angelos Athanasatos, painting Lenore Duncan property UGI Corp., service for Lenore Duncan 7/26/78 to 6/26/79 Penna. Power & Light Co., service for Lenore Duncan 8/15/78 to 7/12/79 Borough of Carlisle, service for Lenore Duncan 9/7/78 to 5/25/79 Lenore Duncan 7/26/78 to 6/29/79 9/8/78 9/20/78 9/28/78 3/22/79 4f16/79 7/20/79 Total Income Distributions nis C. Caverly, Senio ust Officer, Farmers 9.90 149.59 300.00 52.20 16.00 76.20 9.90 56.00 54.00 435.00 626.76 171.65 77 . 00 5,833.00 ~===Z~~gZ,;~~ Vice President and ust Company COMMONWEALTH OF PENNSYLVANIA: COUNTY OF CUMBERLAND Dennis C. Caverly, Senior Vice President and Trust being duly sworn according to law, deposes and says and correct and that the Grant of Letters and the f occurred more than four (4) months before the fi1i Officer, Farmers Trust the Account as stated complete advertisement the Account. Sworn to and Subscribed before me this p 7 day of July, 1979. Company, is true thereof Vice President .' '/ . ,.::' '? ,,:',,',:,'.:: :: ,<.,;. >" DORCAS A. ALBR! T, NOTARY PUBLIC .: ''J'' :"':'.0'<' \ .:/i.,'i\ /-, CARLISLE BORO. C MBERLAND COUNTY ,:..; . 'i:'. . . ",F' . --' : MY COMMISSION EXPIRES AUG, 16. 1982 : (~~ \<:-:.';l. \.+t:~J u Member, Pennsylvania Association of Notaries . "~';:'(;~;'~tf.r~~~/ <"...,.... USER 9.1 fllUr J16 4