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HomeMy WebLinkAbout02-22-79 (3) , . # RCC-33.14-73L COMMONWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS (Q.i~;8-333)j ~_._---- .2-cV..-11 .. RESIDENT DECEDENT COUNTY OF r.TlMRRRT ANn IMPORTANT: This return must be completed in detail and filed in duplicate, with all attached, with the Register 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 Revenue. (Section 703 of the Inheritance and Estate Tax Act of 1961.) IN THE MATTER OF THE ESTATE OF } AFFIDAVIT OF EXECU'lRlB{ ~ County PAUL W. SNYDER (STATE FULL NAME OF DECEDENTI Lote of Borough of Carlisle, Cumber1>'lnd State of Pennsylvania County of Cumberland } II: ~ MARIE M. SNYDER of the eltat. of the above-named decedent being duly Iworn, depoalll6 Execut'l'ix and eay S Decedent died June (MONTH) Name and address of attorney or } other authorized representative to whom a II correl.pondence should be rr,~: led. 24 (DAYI , 19..lli...-J te.tate leaYlng 0 lo.t will, copy of which i. hereto OIlOCh..d..} (YEAR) ~1lIIaX WILLIAM F. MARTSON. P.C. 10 East High Street, Carlisle. FA 17013 That as such Executrix deponent is familiar with the affairs of said estate and the property constituting (EXECUTO R~ADMINIST RA TO R) the assets thereof and their fair market value. That at the time of death there was no safe deposit box registered in decedent's individual name, or jointly with, or as agent or deputy of another, or in decedent's individual name, with 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 RENTE:D A S.-\.FE DEPOSIT BOX RELATIONSHIP OF JOINT HOLDERS TO DECEDENT Dauphin Deposit Bank an Two West High Street r.>'lr1is1e, FA 17011 That the contents of said safe deposit box or boxes are itemized under Schedules with the exception' of the following, for the reasons hereinafter set forth: R 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 interest therein. It also sets forth the mortgage encumbrances upon each parcel of real property at the date of death, givinj! the amount still due at death, name of mortgagee, date, rate of interest, and book and page of record thereof. It also sets forth in the 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 detail all personal property wheresover situated owned by the decedent at the time of death; all moneys left by the decedent at the time of death, whether in decedent's immediate pos session, standing to decedent's credit in banks of deposit, savings banks, trust companies, or other institutions, whether individually, or in trust for any other person or persons giving also separately the accrued interest thereon, if any, down to the last interest day prillJl' to decedent's death in the case of savings banks, and to the date of decedent's death in all other cases; .aJI bonds, postal savings, treasury certificates or notes and other evidence of indebtedness of the United States to the de- cedent; all obligations, whether by statute or agreement they are designated as tax free, of the United States, or any state, or political subdivision thereof, or of any foreign country, which are owned at the time of death; all w~aring apparel, jewelry, silverware, pictures, books, works of art, household furniture, horses, carriages, automobiles, boats, and any and all other personal chattels of whatsoever, kind or nature, left by decedent, together with the fairly estimated market value thereof; all bonds and mortgages held by decedent and of all claims due and owing decedent at the time of death, and all promis sory note s or other instruments in writing for the payment of money of which decedent died possessed, of whatsoever nature, with interest thereon, if any, giving the face value and estimated fair market value thereof, and if such estimated fair.market value be 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 decedent; all annuity and endowment contracts the proceeds of which wer 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 secw;ties 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 family corporations, the values reported are as far as possible substantiated by financial statements of the corporations, showing the assets and liabilities thereof as of the date of death. The schedule also sets forth the interest of decedent at the time of death in any co-partnership or business, and in support of the value of such interest there is annexed to said schedule, financial statements showing the assets and liabilities of said co-partnership or !J,usiness. A copy of the co-partnership agreement, (if oral, a statement setting forth the nature of Hie agreement) together with a statement setting forth the character of the business, its location, and such other facts pertaining to the business as may be pertinent to a fair and just appraisal of the decedent's interest therein must be submitted. It should also set forth in itemized form, together with the fair market value thereof, any other property owned or bequeathed by the decedent at the time of death. The Schedule C attached hereto and made part hereof sets forth a true answer to each inquiry contained therein and in the case of tral'\Sfers of property, real or personal, wi thin two years of decedent's death, in contemplation of decedent's death,\or intended to take effect in possession or enjoyment at or after death, said schedule sets forth the nature and value of such property, to whom transferred, the relationship of the transferees to the decedent, the proportionate share received by each transferee and all other facts of a pertinent nature regarding said transfers. In the ease of transfers intended to take effect in possession or enjoyment at or after death, there is also attached to the schedule a CORY of the deed, trust agreement or other instrument creating the trust. Ther'~ is also set forth in said schedule a list of all property, real and personal, with its value, which paEses at decedent's death by virtue of the exercise by decedent, either individually, or jointly with another, or any power of appoint- ment vested in decedent, either individually or jointly, by the will, deed, or other instrument of another, with a copy of the instr.Dftent creating such power attached to the schedule. That Schedule D attached hereto and made part hereof sets forth the names and addresses of all persons beneficially interested in this estate at the time of decedent's death, the nature of their res- pective interests, their relationship, if any, to the decedent, together with the ages at the time of decedent's death of all minors, annuitants and beneficiaries for life under decedent's Will. It also contains a statement showing which of the beneficiaries named in the decedent's will, if any, died prior to decedent, the dates of their death, their issue, andthe relationship of such issue to the beneficiary. That SChedule E attached hereto and made a part hereof sets forth all property, real and per- sonal, owned by the decedent jointly with another or others, including intangible, . standing in the name of the decedent and others, plus the date and place of record of instruments effecting the vestiture of real estate and the date of acquisition of personalty, plus the name, address and relationship, if any, of co-owners to the decedent. That Schedule F attached hereto and made a part hereof sets forth fUlly and in detail all debts and deductions claimed for and on behalf of this decedent's estate, including fUneral expenses paid; family exemption, where applicable; costs of administration of this estate; counsel fees and fUdiciary'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 and ..npaid at time of death; taxes accrued chargeable for period prior to decedent's death (except those allowed under Section 651 of the Inheritance and Estate Tax Act); together with a statement of collateral pledged 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 be reported to the Register of Wills, and that the amount of tax assessed can be reassessed in accordance therewith. That the totals of the appropriate columns in Schedules "A", "B", "C",. "E", and "F" as directed therein, have been carried forward and properly registered in the Summary. Subscribed and sworn to before me this ..............."...................:6.0.""'.... day of ...,1,~....... ........... 19...7..9...... ............~....~...~..... J,,~J<y L":I\' <,'.OO'y (f; . ~ _Y-l.~' .,,(, ,'L:;\"I!Y rj'rlf-~ CorJiJ'./ Gun};)..;, k....d Co / PA. ~ Cort'flli.alion ~i'oQf ~~:..)7, 1 (,,r,.,, NOTE: Before signing affidavit make sure all blank spaces in the affidavit and schedules annexed are filled in with details or the word. "None", and in case the assets include rare and unlisted securities, securities of close or family corporations or an interest in any co-partnership or business, that the data and statements required under the paragraph above relating to Schedule "B" are attached. Also make certain that column #1 in the "Summary" has been properly completed as above-directed. .....~E~;~~~~..._.......__... .....~A.~....~g!..~:\l:....~gAb~.s~.....~.t.E.~~.!:............................_........-.. (Street Number) ...<::<l:r.::I,~.s..:I,.E'!.,.....:E'.A......:I,.?.9.J}................................................... (City or Town and Sto.te) .' RC C.34 (4-73) c'OMMOtolWEAL TH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS TRANSFER INHERITANCE TAX RESIDENT DECEDENT, SCHEDULE IlA" 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 jn 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 as joint tenants with right of surviorship or tenancy by entireties should be reported on Schedule "E.") The real property locat.d In the Common_alth of P.nn.ylvanla .hould bo (1) (2) (3) ducrlbed by lat and block number, .treet and atre.t number, tOll.ther with DEPARTMENT a lIen.ral ducrlptlon of the prop.rty, with 0 referonc. to the r.card of the ASSESSED VALUE VALUA TION conv.yance by which the decedent taok title; If a farm .tat. number of a. FOR YUR 01' ESTIMATED CAUTION ere.; 01.0 .tatem.nt of mortllag. .ncumbrance. upan eoch parc.1 at d.ath DECEDENT'S MARKET VALUE (Do not write of d.cedent. Tax.., all...m.nt., accru.d Inter..t on mortgage., etc.,ore DEATH In thl. .poco) to be Ii.ted on Sch.dul. "F" and mu.t not be deducted from thl. .ch.dule. NONE NONE / j 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. NONE YU-ruu RC-C -35 ~ ~~ ,~))~ CO'I!IIONWEALTH' OF PENNSYLVANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE fiB" PERSONAL PROPERTY Investment Income Certificate No. 06-03-012446, Dauphin Deposit Bank and Trust Company, 4 years, 7~, dated 11/17/76, i/n/o Decedent Balance at date of death Accrued Interest to date of death Investment Income Certificate No. 06-03-012447, Dauphin Deposit Bank and Trust Company, 4 years, 7~, dated 11/17/76, i/n/o Decedent Accrued Interest to date of death 3. Investment Income Certificate No. 06-03-012448, Dauphin Deposit Bank: and Trust Company, 4 years, 7~, dated 11/17/76, i/n/o Decedent Balance at date of death Accrued Interest to date of death Item No. 1 . 2. 4. 5. 6. 7. 8. 9. 10. 11 . 12. 13. 14. 15. 16. 17. INSTRUCTIONS: This Schedule must disclose all tangible IllId intangible personal property owned individually by the decedent, at the time of his death. Property owned by the decedent Jointly with another or others must be listed under Schedule "E". Intangible personal property, titled in the name of the decedent, but payable at death to another or others, including but not limited to P.O.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 first (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 fiduciary in said capacity, partnership interests, interest in any undistributed estate or or income from any property h"ld in trust under the will or agreement of another, even though located outside of the State, at the time of death, should be listed in this schedule. ITEM List and describe fUlly UNIT ESTIA~TED VALUE MARKET VAWE DEPARTME""f VALUATlOl (Do not write in this space) ~ I 20,000.0 ~53.63 30,000.00. ~230.44 Refund, Belvedere Medical Center Promissory Note, "K" Street Motors, dated 9/24/63 6% per annum Promissory Note, Keen Transport, 'Incorporated, dated 8/1/77, ~ per annum 100 shares, capital common, American Telephone and Telegraph, i/n/o Decedent 400 shares, common, Carlisle Corporation, i/n/o Decedent 1,090 shares, common, Chrysler Corporation, i/n/o Decedent 100 shares, couunon, Harcourt Brace Jovanovich, Inc., i/n/o Decedent 100 shares, common, Kroger Co., i/n/o Decedent 203 shares, common, Ryder System, Inc., i/n/o Decedent 60 shares, 4i% Cumulative Preferred, Series A, United Telephone Co, of Penna., i/n/o Decedent 44.00 239 shares, common capital, Dauphin Deposit Bank and Trust Company, i/n/o Decedent 32,00 34 shares, capital, Cumberland Valley Cooperative Association, i/n/o Decedent 1\0.00 (Nu-.<:;? 103 shares, capital, Carlisle Fair Assbci~on, i/n/o Decedent ~ ,.."\. _'\ c\. \.,,:,.J 00,00 { 100 shares, capital, Paul W. Snyder, Inc., l i/n/o Decedent * 11... ~_/\.l\. S~ 3, J'" 'V "'Vie. * See attached statements x X 1495,218.44 Insert this total opposite "Personal Property., Schedule "BO in the .As Reported" column on the last page of this return. ,I.f 9..j"- ~ I g. '1'1 I . , PAUL W. SNYDER, INC. BALANCE SHEET AS OF DATE OF DEATH, JUNE 24, 1978 ASSEr'S CURRENT ASSEr'S: Cash Investments * Interest Receivable * Notes Receivable * TOTAL CURRENT ASSEr'S: $ 15,001,18 259,147.40 4,005.16 7.900.00 $286,053.74 FIXED ASSEr'S. AT COST: Land Buildings Revenue Equipment Service Equipment Office Equipment Total Cost LESS: Accumulated Depreciation to 6/24/78 TOTAL FIXED ASSEr'S: 12,349.00 73,411.00 38,149,00 14,349.00 6.341. 00 144,599.00 91,243.00 53,356.00 TOTAL ASSEr'S: LIABILITIES AND SHAREHOLDER'S EQUITY CURRENT LIABILITIES: Accrued Payroll, 6/1/78 to 6/24/78 $ 1,848.00 FICA and Withholding Tax, 2nd Quarter 1,668.78 Carlisle Boro Payroll Tax, 2nd Quarter 51.80 Penna. Unemployment Compensa- tion Fund, Payroll Tax, 2nd Quarter 51.80 Penna. State Income Payroll Tax, 2nd Quarter 113.96 TOTAL CURRENT LIABILITIES: $ 3,734.34 SHAREHOLDER'S EQUITY: Common Stock Retained Earnings 13,325,00 322.350.40 TOTAL SHAREHOLDER I S EQUITY: 335.675.40 TOTAL LIABILITIES AND SHAREHOLDERtS EQUITY: * See attached statements , $339.409.74 $339.409.74 \. PAUL W. SNYDER, INC. INVESTMENTS AND INTEREST RECEIVABLE DATE OF DEATH, JUNE 24, 1978 INVESTMENTS: Certificate No. 121846, Cumberland Valley Savings and Loan Association 2. Optional Payment Share Certificate No. 615, Carlisle Building and Loan Assn. 1. 3. Optional Savings Account Certificate No. 001-0005083, State Capital Savings and Loan Association 4. United States Treasury Bonds: (a) Eight (8), $1,000.00, 4% of 1980, dated January 23, 1959, Serial Nos. 6812, 6813, 6814, 6815, 12746, 35482, 60972, 79853, due February 15, 1980 (b) Five (5), $10,000.00, Series L-1980, 7-5/8% of 1980, dated February 28, 1978, Serial Nos. 302, 303, 304, 305, 306, due February 29, 1980 (c) Two (2), $10,000.00, 4% of 1980, dated January 23, 1959, Serial Nos. 8685, 8686, due February 15, 1980 (d) Two (2), $10,000.00, Series J-1980, 7-1/8% of 1980, dated November 15, 1977, Serial Nos. 434, 435, due November 15, 1980 (e) One (1), $5,000.00, Series J-1980, 7-1/8% of 1980, dated November 15, 1977, Serial No. 253, due November 15, 1980 5. Certificate No. 6686835, Cumberland Valley Savings & Loan Association 6. Certificate No. 6689542, Cumberland Valley Savings & Loan Association 7. Certificate No. 07-1992, Carlisle Building and Loan Association 8. Certificate No. 1700, Dauphin Deposit Bank and Trust Company 9. 50 shares, 4~% Cumulative Preferred, Series A, United Telephone Co. of Penna. at 44.00 10. 748 shares, common, Chrysler Corporation at 10.90625 11. 51 shares, capital, American Motors at 5.71875 12. 5,000 shares, Associated Eastern Convoys, Inc., Certificate No.4, March 16,' 1956, par value $1.00 per share, registered i/n/o Paul W. Snyder, Inc. TOTAL INVESTMENTS: TOTAL INTEREST RECEIVABLE: Date-of-Death Value $ 23,686.72/--/ 22,385.32 39,425.82 8,000.00/' 50,000.0~ 20,000.00 20,000.00 5,000.00 20,000.00/ 10,000.00 20,000.00 10,000.00 2,200.00 8,157.88 291. 66 -0- $259,147.40 . Accrued Interest $ 600.8~' 567.28 1,048.55 72 8 . 9S-----' 327.41 659.32 72.76 $4,005.16 PAUL W. SNYDER, INC. NOTES RECEIVABLE AS OF DATE OF DEATH, JUNE 24, 1978 1. Promissory Note of $2,000.00, dated March 1, 1969, H & S Leasing, Inc.; interest payable at 6% per annum each December 2. Promissory Note of $4,900.00, dated January 1, 1970, H & S Leasing, Inc.; interest payable at 6% per annum each December 3. Promissory Note of $1,000.00, dated May 1974; personal loan with no interest charge TOTAL NOTES RECEIVABLE , ./ $2,000.00 4,900.00 1,000.00 $7,900.00 D Dauphin Deposit Bank and Trust Company MAIN OFFICE: 213 MARKET STREET. HARRISBURG, PENNSYLVANIA 17105 717/255- 2121 Membe,. F ederlJI Depo!it fnsurlJnce CorporlJtion July 20,1978 William F. Hartson Henderson 8lck. Ten East High Street Carlisle, Pennsylvania Re: Paul W. Snyder June 24,1978, Deceased Dear Mr. Hartson: In regards to the above mentioned, we submit the following information as of the date of death: Savings account balance /;:C" Interest { · Account number ~ Certificate of deposit Interest Account number v Certificate of deposit Interest Account number V Certificate of deposit Interest Account number $20,758.17 S32~.09 06-4-00302 $20,000.00 $153.63 06 03 012446 $30,000.00 $230.44 06 03 012447 $30,000.00 $230.44 06 03 012448 The above savings account was in the names Paul W. Dr Mrs. Paul W. Snyder. The Certificate of Deoosits are held in the name Paul Snyder only_ If we can be of any further assistance, please do not hesitate to contact us. Very truly yours, ~,~~-<e:_ Donald E. Cromwell Assistant Vice President DEe/ pf .. U) Dauphin Deposit Bank and Trust Company MAIN OFFICE: 213 MARKET STREET, HARRISBURG. PENNSYLVANIA 17105 717/255 - 2121 Member Feder~' Deposit Insuronce Corpor"tion Augus~ 16. 1978 CARLISLE OfFICE 2 WEST HIGH 5TREkT CARLISLE. PENNSYLVANIA 17013 171712""'-2323 \olilliam F. Martson Attorney-At-Law Henderson Block 10 E. High Street Carlisle. Pennsylvania 17013 Re: Paul W, Snyder. Inc. Investment Income Certificate of Deposit # 1700 - 7~ Dated: February 19. 1974 Amount: $10.000.00 Dear Mr. Martson: With reference to the above certificate of deposit. please be advised that accrued interest earned to date of death of Paul W. Snyder. deceased June 24. 1978 is $72.76. If you have any further questions concerning the above. please feel free to contact the bank at your convenience. Very truly yours.~ /0- ~ ~:v /~: {/-~" ,~:/.:Z/_ Doris L. Trostle DLT:pc CUMBERlAND ~lLEY ~~IN(;5 AND L04N ASSOCI!\TION 16 West High Sfreet. Carlisle. Pennsylvania 17013 249-2525 ." July 7, 1978 Law Offices William F. Martson, P.C. Henderson Block Ten East High street Carlisle, PA 17013 RE: . Estate of Paul W. Snyder Date of Death--Ju~e 24, 1978 Dear Mr. Martson: Please find listed below the information requested on all savings accounts held by the late Mr. Snyder as of June 24, 1978: Names on the below accounts: Paul W. or Marie Snyder #120733 #6686836 Balance --------------$10,000.00 ~- Accrued Interest --:-- 327.41 Total ---------$10,327.41 ~ Balance ---------------$11,614.31 Accrued Interest ------ - 666.49 Total ----------$12,280.80 l N~mes on the below accounts: Paul W. Snyder, Inc. , #121846 "" #6686835 Balance ---------------$23,686.72 Accrued Interest ------ 600.86 Total ----------$24,287.58 Balance --------------$20,000.00 Accrued Interest -:--- 728,98 Total ---------$29,728.98 #6689542 Balance ------------------$~O,OOO.OO Accrued Interest --------- 327.41 Total --~----------$10,327.~1 Very truly YOKrs, .1?~~ j:'11u~ Richard L. Kunti Bookkeeping Dept. - ~~- ....................- ---..-- The Carlisle Building and Loan Association ,,\ Ito., . "''''tn\'' FOUNDED IN 1868 THE O~DEST IN THE COUNTY 17 WEST HIGH STREH. CARLISLE. PENNA. 17013 Phone 243-2915 August 9, 1978 ~illiam F. Martson l-leildnrson 6lack Ten East High St. C~rlisle, Pa. 17013 Dear Mr. Martson: Ue hold -l;t:Jo iJccounts in the nai'le of PiJu1 W. Silycler, Inc. iJnd two accou;-:ts in the name of Paul !1l. or t~<lrie r~. Snyder. O~tional account # 615 in the name of Paul 8. Snyder Inc. with a bc1~nce of S22,385.32 would have received $567.28 e<lrnings 85 of JUile 24, 1978 for u total viJlue of :].22,952.60. Certificate 007-1992, in the GDme niJ~e with a b~lance of $20,000.00 would have received ~5S9.32 earnings as of JUile 24, 1973 for a total value of $20,659.32. Optional account C2203 in the n~me of Paul W. or Marie M. Snydp.r with a ba!;:;nce of ~6,654.40I1J:Juld hiJve received ~590.47 eurnings as of June 24, 1978 for a total value of ;9,244.87. Cprtificate U07-19911 in the SiJme name with a balance of $13,000.00 would have rp.ccived ~42B.55 earnings as of June 24, 1978, for a total v~Juc of S13,42A.SG. I tru:::t ~his inforr.!L;tlon jr; sLltisf",ctory. If hie may be of ~ilY furth8r scrvic~, r1~~3e feel freE to CS~. Sincerely, ~\V-~ _-h'J.l~ Judy Sundcy, Teller ~e hold un ~cc~unt in th~ n~~c of r=~l ~. or ~~rie M. 3nyder with c bLJ~nc~ of :3Jn8~.oo w~u!d h~ve re=e!ved :95.18 E~rnings as Df J~~e 2~, 197~, fnr c t~tal v~l~e of ~3,O~5.}B, 2cccu,t :OG-~408. / I ( I I , , , . .' (7/.;: (i/-:'"T/' ( ,",. . t.._ .1.. r '... l - f A I.! ... ~ ,\ \1 _ ~ ; \,; ; \. I. ". _ ~...) .".~. lr-.'-...- ~,rr t . ,.' .. I) " \ I. ;........ . .. .........-.. ,. '\. \, .' ---- ------ ---------------.- \ , July 21,1978 william F. Marston Henderson Block 10 East High street Carlisle, pa 17013 Re: The Estate of Paul w. Snyder Dear Mr. Marston: This letter is in regards to our telephone conversation of July 21, 1978, concerning the above referenced account. Mr. Snyder has an optional Account #001-0005083, which is held in the name of Paul W. Snyder Inc.. The balance of the account as of June 24,1978 was $39,425.82. on June 28, interest was added bringing the balance to $40,474.37. If you have any further questions regarding this ac- count, please do not hesitate to contact this office at 238-8252. Ver~ truly yours, f/, / 9 A } JJ Y:J Ul1/i-. ,.' It' .f-.iPl... /' Debra J ~'Ward Branch Manager DJW/jar .. , . ' LAW orFlCES or J. M. DRYDEN HALL,JR. rREDERICK STEINMANN GORDON D. rRONK WILSON K. BARNES DAVID J. McDONNELL JAMES W. HIMES WILLIAM C.C.BARNES THOMAS G. YOUNG HARRIET B. GRANET LITTLE, HALL & STEI N MAN N, P. A. SUITE 1212 TEN EAST BALTIMORE STREET BALTIMORE, MARYLAND 21202 TELEPHONE (301) 685-4400 WILLIAM J. LITTLE COUNSEL January 8, 1979 William F. Martson, P.C. Henderson Block Ten East High Street Carlisle, Pennsylvania 17013 Re: Estate of Paul W. Snyder, Deceased Stock of Associated Eastern Convoys, Inc. Dear Bill: I am in the hospital and will take two or three more weeks to recuperate, so I am dictating this letter to my secretary who will sign my name. I had nothing to do with Associated Eastern Convoys, Inc.; but I understand that it was organized before I came into the picture, and that no assets were transferred to any of the potential stockholders. At least Nicholaus Kalaman never transferred any assets and never received stock certificates. I am sure that the operating authorities of the various persons, such as Paul W. Snyder, Inc., were transferred to P & M, the corporation which I incorporated, the stock of which was subsequently sold many years ago. It is my opinion that any of the stock of Associated Eastern Convoys, Inc., is worthless and was never of value. Frank Balsbaugh a Certified Public Accountant at Harrisburg is no doubt familiar with the same subject matter and will confirm the worthlessness of Associated Eastern Convoys, Inc., stock. WJr&J Very truly yours, tf/_/~/!Jlb.j~ J .tlLt& William J. Little RCC-36 COMMONWEALTH OF PENNSYLVANIA TRANS~~R INHERITANCE TAX SCHEDULE "c" TRANSFERS *' RESIDENT DECEDENT (1) Did decedent, within two years of'death, make any transf'er of' any material part of' his estate, without receiving a valuable and adequate consideration therefOr? (Answer yes or no) no (2) Did decedent, within two years of' death, transf'er proper~y f'rom himself' to himself' and another or others (including a spouse) in joint ownership? (Answer yes or no) no (3) If' the answer to (1) or (2) above is in the af'f'irmative state: (a) Age of' decedent at time of' transf'er (b) State of' decedent's health at time of' making the transf'er. (Note 1). (c) Cause of' decedent's death. (Note 1). (4) Did decedent, in his lif'etime, make any transf'er of' property without receiving a valuable or adequate consideration theref'or which was to take ef'f'ect in possession or enjoyment at or af'ter his death? (Answer yes or no)~______ (a) Was there any possibility that the property transf'erred might return to transf'erer or his estate or be subject to his power of' disposition? (Answer yes or no) no (b) What was the transf'eree's age at time of' decedent's death? (5) Did decedent in his lif'etime make any transf'er without receiving a valuable and adequate consideration theref'or under which transf'eror expressly or impliedly reserves f'or his lif'e or any period which does not in f'act end bef'ore his death: (a) The possession or enjoyment of' or the right to income f'rom the property transf'erred? (Answer yes or no) no (b) The right to designate the persons who shall possess or enjoy the property transf'erred or income theref'rom? (Answer yes or no) no (6) If' the anSwer to (5) (b) above is in the af'f'irmative, state whether the right was reserved in decedent alone or others (7) Did decedent in his lif'etime make a transf'er, the consideration f'or which was transf'eree's promise to pay income to or f'or the benef'it of' care of' transf'eror? (Answer yes or no) no (8) Did decedent, at any time, transf'er property, the benef'icial enjoyment of' which was subject to change, because of' a reserved power to alter, amend, or revoke, or which could revert to decedent under terms of' transf'er or by operation of' law? (Answer yes or no) no (9) If' the anSwer to (8) above is in the af'f'irmative, was the power to alter, amend, or revoke the inter- est of' the benef'iciary reserved in the decedent alone or the decedent and others? (Answer yes or no) NOTE 1: The anSwers to these questions should be supported by af'f'idavit by the attending physician as well as a copy of' the death certif'icate. NOTE 2: If' anSwer to any of' the above questions is yes, set f'orth below a description of' the property transf'erred, it's f'air market value at date of' death, dates of' transf'ers and to whom transf'erred, with relationship of' transf'erees to decedent, if' any. Submit copy of' any trust deed or instrument, if' trans- f'ers are claimed to be non-taxable, also submit detailed statement of' f'acts on which said claim is based. NOTE 3: List applicable property below in manner in which provided in Schedules A, B, or E. ITEM DESCRIPTION MARKET VALUE (Estimated) DEPT. VALUATION (Dept. Only) NONE NONE Insert this total opposite "Transf'ers", Schedule "CO in the "As Reported" column on the last page of' this return. NONE ~ " :. ." LAST WILL AtID TESTAMENT I, PAUL W. SNYDER, of the Borough of Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind and memory, do make, publish and declare this to be my Last Will and Testament, hereby revoking all Wills or Codicils by me at any time made. ITEH ONE PAYMENT OF TAXES I direct that all inheritance and estate taxes becoming due by reason of my death, whether such taxes may be payable by my estate or by any recipient of any property, shall be paid by my Executrix out of the property passing into ITEM FIVE, the Residuary Trust, of this Will, as an expense and cost of administration of my estate. My Executrix shall have no duty or obligation to obtain reimbursement for any such tax paid by her, even though on proceeds of insurance or other' property not passing under this Will. In the absolute discre- tion of my Executrix, she may pay such taxes immediately or she may postpone the payment of taxes on future or remainder interests until the time possession thereof accrues to the beneficiaries. ITEM THO DISTRIBUTION OF PERSOHAL EFFECTS If I predecease my wife, MARIE M. SNYDER, I give and bequeath to her, absolutely, all of my household furniture and furnishings, books, pictures, jewelry, silverware, auto- mobiles, wearing apparel and all other articles of household or personal use or adornment. If I do not predecease my wife, LAW O,.,.'CE. UA" F. ""A"TSON. P.c. I make said bequest to my daughter, DONNA M. HOWELL. if she is living at the time of my death. l.dsn~ery~ -1- .. ;. '- .' ITEM THREE DISTRIBUTION OF ESTATE I give, devise and beqpeath unto my TRUSTEE, my entire estate .hereafter called the Trust Estate as follows: If I predecease my wife, MARIE M. SNYDER, the Trust Estate shall be divided into two (2) separate trusts to be designated as the "Marital Trust" and the "Residuary Trust". The Trustee shall transfer to the Marital Trust assets of the Trust Estate selected by it having a value which, when added to the value of all interests in property passing to my wife, MARIE M. SNYDER, either by my Will or apart from my Will, in a manner qualified for the marital deduction under the provisions of the United States Internal Revenue Code in effect at the time of my death, will equal the lesser of: (1) the maximum marital deduction allowable to my estate under the provisions of the said Code; or (2) the minimum amount (if any, and if there is no such minimum amount, then (1) shall be deemed the lesser of (1) and (2)) which, after taking into account all credits and deductions (except the marital deduction) available to my estate under the provisions of the said Code, will result in no federal estate tax due from my estate. The Trustee shall satisfy the foregoing division by transferring to the Marital Trust only cash or other assets which are capable of qualifying for said marital deduction. The Trustee shall determine all values of assets for the purposes of this Section in accordance with the federal estate tax values finally determined in my estate except that assets transferred to the Marital Trust in satis- faction of the amount called for shall be valued at the date of transfer to the Marital Trust. In no event shall the assets transferred to the Marital Trust be liable for the payment of LAW o",..cc. JAM F. M"ftTSON. P.c.. g~ vJ Pau W. Snyder ~~~ -2- '" .:. " .' inheritance, estate or other similar taxes of the United States of America, or of any state or territory thereof, or of any foreign country or territo~!, imposed against my estate, or the re~ipients thereof, whether passing by my Will or otherwise. The Residuary Trust shall be comprised of the remaining assets of the Trust Estate, or the entire Trust Estate, if my wife does not survive me. ITEM FOUR MARITAL TRUST The Trustee shall pay the net income from the Marital Trust to my wife, MARIE M. SNYDER, at least quarter-annually, or upon request, monthly, and shall pay to my wife, MARIE M. SNYDER, such sums from the principal of the Marital Trust as will permit her to maintain a standard of living comparable to that enjoyed by her during my lifetime, including medical care. Upon the death of my wife, MARIE M. SNYDER, the Trustee shall pay the principal to such person or persons, including her estate, in such proportions, in such manner and for such estates as she shall appoint by her Last Will and Testament. In default of such appointment, either in whole or in part, the Trustee shall payout of the unappointed principal of the Marital Trust,any increase in the federal estate tax on the estate of my wife, MARIE M. SNYDER, resulting from her posses- . sion of the power of appointment over the principal of the Marital Trust and shall add the balance of the Marital Trust to the Residuary Trust. ITEM FIVE RES IDUARY TRUST 11y Trustee shall set aside all other assets payable at my death, or at any other time, as the Residuary Trust, and' LAW OFFIC~. .JAM F. MART50N. P.C- my Trustee shall hold said assets for the following purposes: ga~/ uJ ~~ Pau W. Snyder -3- .. .' (a) To pay the net income, at least quarter-annually, to my wife, MARIE M, SNYDER, for her life. In addition, the Trustee, in its sole discretion, may at any time after the principal of the Marital Trust has been exhausted, invade the principal of the Residuary Trust to provide for the proper and adequate support of my wife. (b) Upon the death of my wife, HARlE M. SNYDER, my Trustee shall distribute the principal of the Residuary Trust to my daughter, DONNA M. HOWELL, absolutely. (c) In the event that my daughter, DOm~A M. HOlVELL, shall fail to survive my wife, then the principal of the Residuary Trust shall be held by my Trustee and the net income therefrom shall be used for the support, maintenance and education of my grandsons, JAMES P. HOWELL, MARK E. HOWELL and RICHARD K. HOWELL. My Trustee shall use as much of the principal as it shall deem desirable for said purposes. My Trustee shall distribute absolutely the principal of the Residuary Trust in equal shares to my grandsons, JAMES P. HOWELL, MARK E. HOWELL and RICHARD K. HOlVELL. My Trustee shall use as much of the principal as it shallcdeem desirable for said purposes. My Trustee shall distribute absolutely the principal of the Residuary Trust in equal shares to my grandsons, JAMES P. HOWELL, MARK E. HOWELL and RICHARD K. HOWELL upon the youngest grandson attaining the age of thirty-five (35) years. (d) In the even~ that any said grandson shall die before final distribution, then his share shall be held for the benefit of his issue and shall be distributed equally to his issue upon the youngest attaining the age of thirty-five (35) years, but in no event shall said share be distributed to said issue later than twenty (20) years after the death of LAW O,.,.ICI:. UAN F. MAfIITSON. P.c. /0 Cl-oC-<_ L ",-1 Paul W. Snyder .2)",,,,;, c;.C::<.'t_ / -4- ," o. ". my wife, MARIE M. SNYDER. In the event that any said grandson shall die before final distribution without issue, then his share shall be added equally to the shares of the other grand- sons as if originally a part thereof. ITEM SIX POWERS OF EXECUTRIX AND TRUSTEE In addition to the powers conferred by case law, by statute, and by other provisions hereof, my Executrix and my Trustee, and their successors, shall have the following discretionary powers applicable to all property held by them which powers shall be effective without Order of any court and shall exist until final distribution. (a) To retain any property of any nature received by them for whatever period they shall deem advisable; (b) To invest and reinvest all or any part of said property in such stocks, bonds, securities or other property, real or personal, as in their discretion they shall deem proper, without regard to statutes limiting the property which a fiduciary may purchase, provided, however, that no investment shall be made in the securities issued by regulated investment companies or mutual funds; (c) To sell, transfer, exchange or otherwise dispose of, any part of said property, for cash or on terms, publicly or privately, or to lease, even for a term exceeding five (5) years or the duration of any trust herein, without liability on the purchasers or lessees to see to the application of the proceeds, and to give options for these purchases without the obligation to repudiate them in favor of a higher offer; (d) To execute and deliver any deeds, leases, assignments or other instruments as may be necessary to carry out the LAW o""cc. JAM F. M...IIITSON. P.c. provisions of any trust hereunder; p~w Paul W. Snyder ~77 &-4 -5- .. " " (e) To borrow money, including the right to borrow money from any bank and to mortgage or pledge any asset of the estate as security; (f) To assume continuance of the status of any beneficiary with regard to death, marriage, divorce, illness, incapacity and the like in the absence of information deemed reliable without liability for disbursements made on such assumption; (g) To pay from the Residuary Trust, or the income there- from, all debts or claims against my estate, or any taxes or similar charges on my estate; (h) To make any distribution hereunder either in kind or in money, or partially in kind and partially in money. Distribution in kind shall be made at the market value of the property distributed, and my Trustee, in its absolute discretion, may cause the share distributed to any distributee to be composed of property similar to or different from that distri-. buted to any other distributee; (i) To exercise any subscription right in connection with any security held hereunder, to consent to or participate in any recapitalization, reorganization, consolidation or merger of any corporation, company or association, the securities of which may be held hereunder, to delegate authority with respect thereto, to deposit investments under agreements, to pay assessments, and generally to exercise all rights of investors; (j) To invest in endowment, . insurance or annuity policies on the lives of beneficiaries of any trust hereunder; (k) To continue in any partnership, joint venture, joint ownership or other business enterprise of which I am a part at the time of my death; (1) To compromise claims; LAW OF''''CCS JAM F. M.RTSON. "'.Co p ~ ,; --0-7 ~{" z... Paul W. Snyder -6- .. .. '. .' (m) To continue for whatever period of time as they shall deem necessary any ownership as a tenant in common or as a partner, in real estate or :other property and to act as I could have done had I been living; (n) To do all other acts in their judgment necessary or desirable for the proper management, investment and distribution of my Estate. ITEM SEVEN PROTECTIVE PROVISION' All income or principal held for the use and benefit of the beneficiaries of any trust hereunder shall not be in any way or manner subject to anticipation, assignment, pledge, sale or transfer, nor shall any such interest, while in the possessio of my Trustee, be liable for or subject to the debts, contracts, obligations, liabilities or torts of any beneficiary, or to attachments, executions or sequestrations under process of law~ If any beneficiary of either Trust shall, in the sole opinion of my Trustee, be or become mentally or physically incapacitated, by reason of illness, accident, minority or otherwise, my Trustee may apply either income or principal for the support and welfare of such beneficiary directly or to the person who has the care and control of such beneficiary, without the intervention of any guardian and without obligation to supervise application of said amounts in any way. ITEM EIGHT COMMON DISASTER PRESUMPTION If any beneficiary (except my wife, MARIE M. SNYDER) and I shall die under circumstances that it cannot be determined who survived the other, it shall be conclusively presumed that I survived. However, if my wife, MARIE M. SNYDE~ and I shall LAw OFFICES .J.... F. MUTSDN, P.c. die under such circumstances that it cannot be determined who ~~~/ c.J Pau W. Snyder ~S7~ -]- ~. , " '. " survived the other, it shall be conclusively presumed that my wife, MARIE M. SNYDER, survived me. ITEM NINE APPOINT~lliNT OF EXECUTRIX Al~D TRUSTEE I hereby appoint my wife, MARIE M. SNYDER, as Executrix of my estate. In the event that my said wife shall predecease me or fail to act as Executrix, then I appoint my daughter, DONNA M. HOWELL, as Executrix of my estate. I hereby appoint DONNA M. HOWELL as Trustee of any trust created hereunder. In the event that DONNA M. HOWELL shall fail to act as Trustee, then I appoint DAUPHIN DEPOSIT BAJ~K AND TRUST COMPAl~Y as Trustee of any trust created hereunder. ITEM TEN WAIVER OF BOND I direct that neither my Executrix nor my Trustee shall be required to file any bond in any jurisdiction to secure the faithful performance of their duties, nor shall they be required to obtain any Order. or approval of any court for the exercise of any power or discretion set forth in this Will. IN WITNESS WHEREOF I have hereunto set my hand and seal this 8th day of June , 1978. f o~_ W 4r-v c U-z.-(SEAL) Paul W. Snyder / SIGNED, SEALED, PUBLISHED and DECLARED by the above-named Testator, as and for his Last Will and Testament in the . . presence of us, who at h1s request have hereunto subscribed our names as witnesses thereto, in the presence of said Testator and of each other. W JL., 1f1/J-~::. LAW OFFICES UA."" F. MARTS-ON. P.e.. (~~ ~ /lty/uJ -8- .,. .. '-', \ , COMHOHHEALTH OF PEi:mSYLVANIA ) SS COUNTY OF CilloiBERLAHD . . . . ), 1, PAUL W. SNYDER Testator , whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed the instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. Sworn or affirmed to Paul W. Snyder of June . 1978. P ~/ 0 ~7Y'f (j-&-~. and acknowledged befo~ me by , the Testator . this 8th day COMMONWEALTH OF PENNSYLVANIA n~u?&~ ~\hJ MARY LEA SHENK, Notary P\bIlc ) .farlisle Cumberlond Co., PA S"My ~ Expl_ Feb. 27. 1982 ) ComITY OF CUl1BERLAl'lD We, William F. Martson and. Corrine L. Myers the witnesses whose names are signed to the attached or foregoing instrument, being duly qualified according to law, do depose and say that we were present and saw Paul W. Snyder , Testator , sign and execute the instrument as his Last Will; that Paul W. Snyder signed willingly and that Paul W. Snyder executed it as his free and voluntary act for the purposes therein expressed; that each of us in the hearing and sight of Paul W. Snyder . Testator . signed the Will as witnesses; and that to the best of our knowledge the Testator was at that time 18 or more years ~Of age of sound mind and under no constraint or und~e ~;:fluen e --L-- -1~)i~ ~ Address 10 East High Street Carlisle, PA 17013 f 4t )1/;" I / ;;e 'J?Ut~ ~ Address R. D. 9 Carlisle, PA 17013 Sworn or affirmed to and subscribed before me, by William F. Martson and Corrine L. Myers this 8th day of June . 1978. LAW O'''ICES JAM F. MARTSON. P.C. r/LdA(lfif~ VAr~ Notary) u ie MARY lEA SHENK, Notary Public Corlisle. Cumberland Co" PA My ~ian Expl_ Fob. 71. 1982 ~ ,RCC-31 (12-63) COMMONWEALTH OF PENNSYYLANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "D" BENEFICIARIES \ h BENEFICIARIES AND ADDRESSES RELATIONSHIP SURVIVED (If step-children or DATE INTEREST OF State full names and addresses of all who illegitimate children DECEDENT OF BENEFICIARY ave an interest, vested, contingent or other are involved, set STATE YES IN ESTATE wise, in estate) forth this fact.) OR NO BIRTH Donna M. Howell Dau2hter Yes Trustee of Trust 608 Sherwood Drive Estate, per Item Carlisle. PA 17013 Three of Last Will and Testament Marie M. Snyder Surviving Yes 12/17/03 Marital Trust - 448 North College Street Spouse Item Four; Life Carlisle. PA 17013 Esta te. per Item I Five (a) of said Wi1: ! -.- i - M Rnw.eo" Da ughter Yes Contingent Remainder 608 Sherwood Drive per Item Five (b ~ Carlisle PA 17013 sai if Will - u,._~.__~._ - - Deponent further says that all the above-named benericiaries are living at this time except below: NAME DATE OF DEATH RESIDENCE Will Administration ~ No. Year ........... (Executor-Administrator must complete "As Reported" column #1.) GJ ""'l "d ::c a ... <1> <1> I\> ... e. '" ::l en en en 0 ""'l if ::l "d e. ... .e; en 0 '- . ~ 'tl ~ <1> ... ~ 0 ~ .) 'tl ~ CIl ... ... ... '< I\> ... <1> P.< THE ~IA TIER OF THE APPRAISEMENT OF THE ESTATE OF Deceased Late of REPORT AND APPRAISAL tIl c::: ~ ~ > ....... ::c ~ tIl tIl 0< n n ?" ?" q ~ ~ .... '.... -GI> .... .... .... > en ::C....... <1>..... 5~ ... ... i!. ~ County of Commonwealth of Pennsylvania ..... .... ~0*-OO '. > :r. o ~~ \,,:t-:,) 3~ 5' t: c.. : 'Rce-3a RESIDENT DECEDENT SCHEDULE "E" JOINTLY OWNED PROPERTY COMMONWEALTH OF PENNSYLVANIA TRANSFER INHERITANCE TAX INSTRVCTIONS: This schedule must disclose all property, real and personal, owned by the decedent jointly with another or others, including intangibles, standing in the name or the decedent and others. List real estate rirst, as entireties, or joint tenants, giving brier description, as indicated under Schedule "A", plus the date and place or record or instrUlllent erfecting vestiture, but do not include entireties or out or state real estate value in estate valuation column. Personal property should be listed as in Schedule "B", plus date or acquisition, and the name, address and relationship (ir any) or co-owners to the decedent. Description of Property, Date or Acquisition, Namel Address and Relationship or Co-Owners, and Place or Record or InstrUlllent, where Real Estate. Unit Value Percentage Share Estate Valuation '" "" V' "" "" ><,. ~ DEPARTMENT VALUATION CAUTION-Do not Write In This Space. Value or Value or Entire Decedent's Property Interest NONE NONE Insert this total opposite "Jointly Owned Property", Schedule "E" NONE in the "As Reported" column on the last page or this return, LYUm.L-: ;- .. REV-SIB (3-79) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS p, O. BOX 2970 HARRISBURG 17105 IN YOUR REPLY PLEASE REFER TO Investigation Division NOTICE OF FILING OF APPRAISEMENT Marie M. Snyder 448 North College Street Carlisle, PA 17013 (Executor or Administrator) In Re: Estate of Paul W. Snyder Cumberland County - File No. 21-78-0333 Dear Mrs. Snyder: You are hereby notified that the original appraisement in the estate of Paul W. Snyder has been filed in the office of the Register of Wills of Cumberland County on September 5 , 1979. Said appraisement reflects the following valuations: None 495,218,44 None None $495,218.44 Real Estate Personal Property Transfers Jointly Owned Total 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 September 5. 1979 Signed Jfi..nflA/lj vlrA'nv / Title Appraiser NOTE: This is not a bill, R~c..30 t1lo7]) Cumberland 21 78-133 June 2ft.. 1978 September 5, 1979 P>'lul W. (FIRST NAME) (INITIAL) SUMMARY County, Humber and Name File Number Date of Death File Date Estate Name SlIlYDF.R r (LAST NAME) COMMONWEALTH OF PENNSYLVANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT REPORT OF INHERITANCE TAX APPRAISER I, the undersigned duly appointed Inheritance Tax Appraiser in ond for the County of Cumberland Pennsylvania, do respectfully report that I have appraised the real and personal property as reported in the foregoing return at the values set forth opposite each item in the last column to the right in Schedules "A", liS", "C", and liE". Dated: September 5, 1979 ~tf) 01fYUJ / INHERITANCE TAX APPRAISER REPORT OF THE REGISTER OF WILLS I, the undersigned duly elected Register of Wills in and for County, Pennsylvania, do respect- fully report that I have allowed deductions in the amounts claimed by deponent, except as to those items where a greater or lesser amount is set forth In the last column to the right in Schedule "F", which greater or lesser amount represents the sum allowed as a deduction. Dated: REG1STER OF WILL.S INVENTORY VALUE AS REPORTED VALUE AS APPRAISED CODE VALUE AS REAPPRAISED CODE Real P'aperty (Schedule A) $ _no $ None 004+- 00+ Personal Property (Schedule B) I.a" ?1 R 16.6. 49'\_?lR 6.6. 10+ TO+ Joint-Held Property (Schedule E) -0- None 20+ Transfers (ScheduleC) -0- None 30+ TOTAL GROSS ASSETS 6.Q'\?1R 6.6. 495 218 44 Les s Debts ond Deductions 40. (SCHEDULE F) CLEAR VALUE OF ESTATE annultl.s....................._ $ PRINCIPL.E FACTOR VAL.UE I~ Valuation of life estates or .:!:....- 1= E ESTATE TAX ASSESSMENTS _ $ FOR USE OF REGISTER ONL.Y Tax on $ Tax on $ Tax on $ Tax on $ Tax on $ Exemptions Total Estate ~ COMPUTATION OF TAX 2% 6% 5% 10% 15% $ $ $ $ $ * TOTAL TAX $ (*) As evidenced by Chorltoble Exemption Certificates luued by the Secretory of Reyenue. t= Leu tax preYlously pold BALANCE Leu 5% of tax If paid within 3 month. after deoth $ $ $ BALANCE OF INHERITANCE TAX DUE Add interest at rate of 6% from to AMOUNT OF ESTATE TAX ASSESSED Estate tax paid ~ $ t:= $ $ BALANCE DUE $ $ TOT AL TAX BALANCE $ PAID $ Add interest at rate of 6% from to Supplemental Codes: {FOR USE IN HARRISBURG ONL Y) 48-Adjustment 49+Adjustment 56-Annuity 6O-Life Estate 92+Remainder Appraisal 93-Remainder Deduction 93C-Charity 94-Remainder Residue 96-Successive Life Estate ADJUSTMENTS . FOR USE OF REGISTER ONLY HOTE: Where subsequent adjustments are made to the above computation of tax by the Register of Wills for proper reason same should be noted below, with short explanation. " Will '\ Administration) No. Year IN THE MATTER OF THE APPRAISEMENT OF TIlE ESTATE OF Deceased La te of County of Commonwealth of Pennsylvania REPORT AND APPRAISAL ,~ ' o , REV-457 (S-78) DEPARTMENT OF REVENUE BUREAU OF FIELD OPERATIONS P,O, BOX 2970 HARRISBURG, PENNA. 17105 COMMONWEALTH OF PENNSYLVANIA RESIDENT INHERITANCE TAX APPRAISEMENT DA-'i:: September 5, 1979 Cumberland 21-78-0333 COUNTY FILE NO. Whereas, Paul W. Snyder late of Borough of Carlisle in the County of Cumberland Commonwealth of Pennsylvania, having died on the 24th day of June 19 .nL, seized and possessed of an estate subject to Inheritance Tax under the laws of the Commonwealth of Pennsylvania; Therefore, I, Sandra L. Stone , 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 life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer inheritance taxes at the lawful collateral rate on any such future interest. DESCRIPTION OF ASSET UNIT APpraisement VALUES Made for Inheritance Tax Purposes Real Pronertv $ None 495,218 I Personal Property 44 Joint-Held Property None Transfers None I I .. TOTAL ASSETS 495,218 44 Have been duly sworn acccg-~ng to law, I do hereby certify that the above appraisement is made in conformity with the law on this t day of ~ ~~e;ber 19 12-. / cLto.) ~ Appraiser (Number and Street) Harrisburg (Post Office) , Penna. ;{(-7J-333 .."...... ..,.... ..9.W!l.Q.~.+':J..@~.. .",......." "..,., County RESIDENT INHERITANCE TAX APPRAISEMENT Esta te of PAUL W. SNYDER Deceased, Late of ,........... ..,~,?,7i.?,'!-.~!}...?~.. .c;:.~.t-!.~.~.+.~............ ,........ Date of Death, ..:!.~,~..,?,~,~..;1;.n~..................... Appraisement Docket Vo1., ..~~..........~~......... Page,....,~.~.~.................... No. ~.....................,' Filed in Register's Office, ..........?/~!..... 19,.?? Amount of tax due, $..........,............................ DEPARTMENT OF REVENUE Recei ved, .............,.".."...................,...,..,..",.... Examined and Approved, ................................. Wrote about Appraisement, ..,...,...................... Appeal from Appraisement, ........,.................... . Entered and charged, ..............,........................