Loading...
HomeMy WebLinkAbout10-20-05 (2) IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYL VANIA ORPHANS' COURT DIVISION NO. "'..l.'\.~ 5 . I\J~ 1.'\ FIRST AND INTERIM ACCOUNT OF PNC BANK, TRUSTEE OF THE CUMBERLAND VALLEY MEMORIAL CEMETERY PERPETUAL CARE TRUST FUND, SETTLOR Start Of Trust: November 8, 2000 Date of Original Appointment: May 4, 2000 Date of Current Trustee's Receipt of Funds: January 25, 2001 Accounting for the period: January 25, 2001 to June 30, 2005 Purpose of Account: The Trustee offers this Account to acquaint interested parties with the transactions that have occurred during the Administration. It is important that the Account be carefully examined. Requests for additional information, questions or objections can be discussed with: Nina B. Stryker, Esquire LD. #36531 Obermayer Rebmann Maxwell & Hippel LLP One Penn Center - 19th Floor 1617 J.F.K. Boulevard Philadelphia, P A 19103-1895 (215) 665-3057 657923 - . ' CUMBERLAND VALLEY CEMETERY PRINCIPAL RECEIPTS NET GAIN/LOSS ON CONVERSIONS ADJUSTED BALANCE LESS DISBURSEMENTS BALANCE BEFORE DISTRIBUTIONS DISTRIBUTIONS TO BENEFICIARIES PRINCIPAL BALANCE ON HAND INVESTMENTS MADE CHANGES IN INVESTMENT HOLDINGS INCOME RECEIPTS LESS DISBURSEMENTS BALANCE BEFORE DISTRIBUTIONS DISTRIBUTIONS TO BENEFICIARIES INCOME BALANCE ON HAND COMBINED BALANCES REMAINING 20-10-102-3002770 SUMMARY AND INDEX PAGES 3 - 5 - 4 8 5BO.184.17 47.108.71 627.292.88 44,282.42- 583.010.46 9 - 9 .00 10 - 10 11 - 11 583.010.46 12 - 17 18 - 18 187,393.09 62.899.83- 124,493.26 124,493.26- 19 - 19 .00 583,010.46 - 2 - CUMBERLAND VALLEY CEMETERY 1/25/01 RECEIPTS OF PRINCIPAL 20-10'102-3002770 TRUSTEE'S FIRST RECEIPT OF FUNDS: M&T INVESTMENT GROUP ACCOUNT # 43 1643 600 PRINCIPAL CASH ADVANCED: 58,950.38 FUNDING FOR CUMBERLAND VALLEY MEMORIAL GARDENS 1/26/01 1/26/01 7/02/01 7/02/01 7/02/01' 7/02/01 7/12/01 8/08/01 8/27/01 9/12/01 10/25/01 11/15/01 12/13/01 1/24/02 2/08/02 3/06/02 4/03/02 5/17/02 6/12/02 7/17/02 8/09/02 9/11/02 10/18/02 11/13/02 12/20/02 1/14/03 2/04/03 3/17 /03 4/14/03 5/06/03 6/10/03 7/22/03 8/05/03 9/12/03 10/10/03 11/04/03 11/24/03 12/03/03 1/14/04 2/10/04 3/08/04 4/13/04 5/11/04 6/08/04 7/13/04 8/09/04 9/10/04 10/14/04 11/04/04 - 3 . 574.93 489.40 587.72 893.07 190.95 785.59 446.95 466.61 709.53 352.73 790.28 338.63 708.52 476.00 361. 45 620.86 626.39 782.16 1.036.68 835.17 587.86 652.01 541.77 739.89 511.33 1,372.22 414.56 531. 05 511.17 824.96 1,404.04 1,043.11 649.75 824.01 968.54 424.82 661. 00 541. 46 510.27 553.47 322.70 407.28 448.36 641.10 399.70 253.02 350.42 341. 21 313 .44 CUMBERLAND VALLEY CEMETERY RECEIPTS OF PRINCIPAL 20-10-102-3002770 11/26/04 1/07/05 2/01/05 3/07/05 4/18/05 5/09/05 6/08/05 666.35 400.85 402.51 512.36 769.36 612.72 401. 61 4/19/01 28,525.834 UTS MORGAN GRENFELL INVT TR FXD INCOME FD 33,583.90 300,990.45 5/25/01 3,007.519 UTS KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A 100,000.00 6/22/01 AMOUNT TRANSFERRED FROM INCOME TO REFLECT DIVIDENDS PAID ON KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A FROM 3/19/01 TO 6/22/01 2,115.36 6/27/01 7,750.143 UTS SCUDDER SHORT TERM FIXED INCOME INSTITUTIONAL FD 77,878.96 7/02/01 AMOUNT TRANSFERRED FROM INCOME TO REFLECT DIVIDENDS PAID ON BLACKROCK MONEY MARKET INSTITUTIONAL CLASS FD #01 FROM 2/01/01 TO 7/02/01 516.55 7/03/01 AMOUNT TRANSFERRED FROM INCOME TO REFLECT DIVIDENDS PAID ON SCUDDER SHORT TERM FIXED INCOME INSTITUTIONAL FD FROM 4/03/01 TO 7/03/01 340.78 7/03/01 AMOUNT TRANSFERRED FROM INCOME TO REFLECT DIVIDENDS PAID ON MORGAN GRENFELL INVT TR FIXED INCOME PO FROM 4/03/01 TO 7/03/01 4,516.66 7/25/01 M&T INVESTMENT GROUP ACCOUNT # 43 1643 600 BALANCE OF PRINCIPAL CASH: 385.13 4/12/04 AMOUNT TRANSFERRED FROM INCOME TO PRINCIPAL TO RECONCILE STATE FIDUCIARY TAX 26.00 10/05/04 INTERNAL REVENUE SERVICE FEDERAL INCOME TAX REFUND 880.00 TOTAL PRINCIPAL RECEIPTS 580.184.17 ------------ ------------ - 4 . CUMBERLAND VALLEY CEMETERY GAINS AND LOSSES ON SALES AND OTHER DISPOSITIONS 3/09/01 11/27/01 12/11/01 .GAIn 11,415 UTS TEMPORARY ASSET FOR INVESTED FUNDS PROCEEDS: ACQUISITION VALUE: 11,415.00 11. 415 00 KENSINGTON SELECT INCOME FD CL A CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 4,695.44 00 4,695.44 SCUDDER SHORT TERM FIXED INCOME INSTITUTIONAL FD CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 177 . 61 .00 177 . 61 12/19/01 11.778.85 UTS MORGAN GRENFELL INVT TR FXD INCOME FD PROCEEDS: 126,976.00 ACQUISITION VALUE: 124 402 11 2,573.89 12/20/01 3,750 UTS TEMPORARY ASSET FOR INVESTED FUNDS PROCEEDS: 3.750.00 ACQUISITION VALUE: 3.750.00 .00 1/30/02 18.416 UTS MORGAN GRENFELL INVT TR FXD INCOME FD 4/17/02 6/04/02 6/04/02 PROCEEDS: ACQUISITION VALUE: 200.00 194 50 5.50 1,489.573 UTS SCUDDER SHORT TERM FIXED INCOME INSTITUTIONAL FD PROCEEDS: ACQUISITION VALUE: 15,000.00 14 . 996. 88 3.12 298.377 UTS KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A PROCEEDS: ACQUISITION VALUE: 12,874.96 10.140 60 2,734.36 10,061.886 UTS SCUDDER SHORT TERM FIXED INCOME INSTITUTIONAL FD PROCEEDS: ACQUISITION VALUE: 101,423.81 101 302.08 121. 73 - 5 - 20-10-102-3002770 ~ .00 CUMBERLAND VALLEY CEMETERY GAINS AND LOSSES ON SALES AND OTHER DISPOSITIONS ~ 6/04/02 5,648.574 UTS MORGAN GRENFELL INVT TR FXD INCOME FD PROCEEDS: ACQUISITION VALUE, 61,343.51 59.657.31 1,686.20 6/05/02 56,528.8 UTS TEMPORARY ASSET FOR INVESTED FUNDS PROCEEDS: 56,528.80 ACQUISITION VALUE: 56.528.80 .00 6/12/02 2,819.938 UTS MORGAN GRENFELL INVT TR FXD INCOME FD PROCEEDS: 30,709.13 ACQUISITION VALUE : 29 782. n 926.41 8/02/02 2,230.874 UTS KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A PROCEEDS: 88,632.64 ACQUISITION VALUE: 75.818.15 12,814.49 9/13/02 1,340.483 UTS MORGAN GRENFELL INVT TR FXD INCOME FD PROCEEDS: 15,000.00 ACQUISITION VALUE : 14.157.49 842.51 12/13/02 MORGAN GRENFELL INVT TR FXD INCOME FD CAPITAL GAIN DISTRIBUTION PROCEEDS: 1,631.73 ACQUISITION VALUE: .00 1,631.73 '2/18/02 KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A CAPITAL GAIN DISTRIBUTION PROCEEDS: 1,278.04 ACQUISITION VALUE: 00 1.278.04 12/23/02 525.947 UTS KENSINGTON SELECT INCOME FD CL A PROCEEDS: 16,804.00 ACQUISITION VALUE: 16.488.44 315.56 12/23/02 10,134.972 UTS MORGAN GRENFELL INVT TR FXD INCOME FD PROCEEDS: 111,079.29 ACQUISITION VALUE: 107.040.32 4,038.97 - 6 - 20-10-102-3002770 ~ CUMBERLAND VALLEY CEMETERY GAINS AND LOSSES ON SALES AND OTHER DISPOSITIONS 12/23/02 12/26/02 3/27/03 12/15/03 1/05/04 1/07/04 4/02/04 9/16/04 12/16/04 4,690.628 UTS VANGUARD FIXED INCOME SEeS FD INC INTER TERM CORP PORTFOLIO FD PROCEEDS: ACQUISITION VALUE: 47,047.00 45.827 44 103,014 UTS TEMPORARY ASSET FOR INVESTED FUNDS PROCEEDS: ACQUISITION VALUE: 103,014.00 103.014.00 1,055.953 UTS KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A PROCEEDS: ACQUISITION VALUE: 39,556.00 36.580 25 KENSINGTON SELECT INCOME FD CL A CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 1,218.23 .00 VANGUARD FIXED INCOME SECS FD INC INTER TERM CORP PORTFOLIO FD CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 884.77 .00 HILLVIEW REMS LEVERAGED REIT CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 1,314.20 .00 VANGUARD FIXED INCOME SECS FD INC INTER TERM CORP PORTFOLIO FD CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 291.19 .00 KENSINGTON SELECT INCOME FD CL A CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 93.59 00 KENSINGTON SELECT INCOME FD CL A CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 2,267.65 .00 - 7 - ~ 1.219.56 .00 2,975.75 1,218.23 884.77 1,314.20 291.19 93.59 2,267.65 20-10-102-3002770 MlS..S. CUMBERLAND VALLEY CEMETERY GAINS AND LOSSES ON SALES AND OTHER DISPOSITIONS 1/04/05 HILLVIEW REMS LEVERAGED REIT CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 2.471.82 00 1/04/05 VANGUARD FIXED INCOME SECS FD INC INTER TERM CORP PORTFOLIO FD CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 324.79 .00 4/04/05 VANGUARD FIXED INCOME SECS FD INC INTER TERM CORP PORTFOLIO FD CAPITAL GAIN DISTRIBUTION PROCEEDS: ACQUISITION VALUE: 201. 60 .00 TOTAL GAINS AND LOSSES LESS LOSS NET GAIN - 8 - >iAm 2,471.82 324.79 201 60 47,108.71 .00 47,108.71 ---------- ---------- 20-10-102-3002770 ~ .00 CUMBERLAND VALLEY CEMETERY DISBURSEMENTS OF PRINCIPAl. 20-10-102-3002770 6/30/05 OBERMAYER REBMANN MAXWELL & HIPPEL, LLP ATTORNEY'S FEE 1,800.00- AMOUNT TRANSFERRED TO INCOME AS REIMBURSEMENT FOR FIDUCIARY TAXES PAID BY INCOME BUT ALLOCABLE TO PRINCIPAL 9/16/02 4/08/03 4/12/04 4/11/05 6,434.96- 517.00- 6,657.00- 6,677.00- PENNSYLVANIA DEPARTMENT OF REVENUE STATE FIDUCIARY INCOME TAX 20,285.96- 4/15/02 9/11/02 4/08/03 6/10/03 869.00- 55.00- 133.00- 96.00- INTERNAL REVENUE SERVICE FEDERAL FIDUCIARY INCOME 4/15/02 9/11/02 6/10/03 4/12/04 4/11/05 1,153.00- TAX 10,726.00- 1,060.00- 348.00- 113.00- 300.00- PNC BANK NATIONAL ASSOCIATION PRINCIPAL COMPENSATION 12,547.00- 7/18/01 10/24/01 1/23/02 4/17/02 7/17/02 10/23/02 1/22/03 4/23/03 7/23/03 10/22/03 1/21/04 4/21/04 7/21/04 10/20/04 1/19/05 4/20/05 486.74- 505.28- 579.77- 513.53- 624.95- 535.97- 601.13- 536.20- 511.64- 504.38- 503.91- 508.19- 515.80- 521.18- 521.77- 526.02- TOTAL PRINCIPAL DISBURSEMENTS 8,496.46- 44,282.42- ------------ ------------ - 9 - CUMBERLAND VALLEY CEMETERY PRINCIPAL BIUANCE ON HAND ~ 3,329.63 UTS HILLVIEW REMS LEVERAGED REIT 2,301.25 UTS KENSINGTON SELECT INCOME FD CL A 22,086.403 UTS NORTHEAST INVESTORS TRUST SH BEN INT 19.455.265 UTS PIMCO FDS HIGH YIELD FUND INSTL FD #108 11,199.645 UTS VANGUARD FIXED INCOME SECS FD INC INTER TERM CORP PORTFOLIO FD INVESTED CASH TOTAL PRINCIPAL - 10 - 20-10-102-3002770 VALUE 6/30105 ACQUISITION ~ 51,609.27 39,556.00 84,018.64 72,144.20 167,414.93 159,542.80 191,634.36 175.515.00 112,668.43 109,420.53 26,831. 93 26,831. 93 634,177.56 583,010.46 ------------ ------------ ------------ ------------ CUMBERLAND VALLEY CEMETERY PRINCIPAL INFORMATION SCHEDULES - INVESTMENTS MADE 3/08/01 3/09/01 3/16/01 3/16/01 12/19/01 12/19/01 11,415 UTS TEMPORARY ASSET FOR INVESTED FUNDS 288.914 UTS KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A 1,130.198 UTS SCUDDER SHORT TERM FIXED INCOME INSTITUTIONAL FD 3,215.399 UTS MORGAN GRENFELL INVT TR FXD INCOME FD 2,671.118 UTS SCUDDER SHORT TERM FIXED INCOME INSTITUTIONAL FD 12,595.806 UTS PIMCO FDS HIGH YIELD FUND INSTL FD #108 12/19/01 3,750 UTS TEMPORARY ASSET FOR INVESTED FUNDS 12/20/01 92 .183 UTS KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A 6/04/02 56,528.8 UTS TEMPORARY ASSET FOR INVESTED FUNDS 6/05/02 7,370.117 UTS NORTHEAST INVESTORS TRUST SH BEN INT 6/05/02 8/05/02 12/24/02 12/24/02 12/24/02 12/26/02 3/31/03 - 15,890.273 UTS VANGUARD FIXED INCOME SECS PO INC INTER TERM CORP PORTFOLIO FD 2,827.197 UTS KENSINGTON SELECT INCOME FD CL A 196.588 UTS KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A 6,859.459 UTS PIMCO FDS HIGH YIELD FUND INSTL FD #108 103,014 UTS TEMPORARY ASSET FOR INVESTED FUNDS 14,716.286 UTS NORTHEAST INVESTORS TRUST SH BEN INT 3,329.63 UTS HILLVIEW REMS LEVERAGED REIT - 11 - 20-10-102-3002770 11,415.00 11,415.00 11,415.00 34,244.00 27,005.00 117,141. 00 3,750.00 3,750.00 56,528.80 56,528.80 155,247.97 88,632.64 7,374.00 58,374.00 103,014.00 103,014.00 39,556.00 CUMBERLAND VALLEY CEMETERY 7/25/01 - RECEIPTS OF INCOME 20-10'102-3002770 M&T INVESTMENT GROUP ACCOUNT # 43 1643 600 BALANCE OF INCOME CASH, OTHER INCOME 8,149.53 HILLVIEW REMS LEVERAGED REIT 7/11/03 10/08/03 1/07/04 4/08/04 7/01/04 10/01/04 1/04/05 4/01/05 270.70 430.19 507.44 339.62 333.96 372.59 673.79 348.00 KENSINGTON SELECT INCOME FD CL A 3,276.29 KENSINGTON STRATEGIC REALTY MUTUAL FUND CLASS A 3/19/01 6/22/01 9/26/01 12/19/01 3/19/02 6/18/02 9/17/02 12/18/02 3/17/03 9/17/02 12/18/02 3/17 /03 6/16/03 9/15/03 12/15/03 3/16/04 6/16/04 9/16/04 12/16/04 3/16/05 6/16/05 1,724.59 2,007.31 1,403.76 1,449.79 1,426.78 1,610.88 1,426.78 1,426.78 1,449.79 1,725.94 1,449.79 1,449.79 18,551. 98 170.46 1,944.90 1,944.90 2,307.50 1,999.28 1,823.24 507.03 635.93 623.01 11,956.25 SCUDDER SHORT TERM FIXED INCOME INSTITUTIONAL FD 4/03/01 31. 81 5/01/01 56.17 6/01/01 57.03 7/03/01 195.77 8/01/01 438.59 9/04/01 434.48 10/01/01 407.57 11/01/01 367.61 12/03/01 344.38 1/02/02 424.14 2/01/02 523.30 3/01/02 477.87 4/02/02 537.56 . 12 CUMBERLAND VALLEY CEMETERY RECEIPTS OF INCOME 20-10-102-3002770 CONTINUED: SCUDDER SHORT TERM FIXED INCOME 5/01/02 6/03/02 6/14/02 7/03/02 454.41 394.83 11.44 23.17 MORGAN GRENFELL INVT TR FXD INCOME FD 5.180.13 4/03/01 5/03/01 6/01/01 7/03/01 ' 8/02/01 9/04/01 10/01/01 11/01/01 12/03/01 1/02/02 2/01/02 3/01/02 4/03/02 5/01/02 6/04/02 7/03/02 8/02/02 9/03/02 10/04/02 11/01/02 12/02/02 12/23/02 99.53 897.21 1.787.86 1.732.06 1.771.52 1.768.91 1.723.08 1.729.44 1.690.97 1.417.28 1.028.58 983.19 1.061.05 1.040.75 1,048.42 667.53 584.41 582.01 521.69 496.14 488.97 357.10 NORTHEAST INVESTORS TRUST SH BEN INT 8/16/02 11/22/02 2/21/03 5/19/03 8/22/03 11/20/03 1/02/04 2/19/04 5/20/04 8/27/04 11/23/04 2/23/05 5/27/05 23,477.70 958.12 1,179.22 3,312.96 2,650.37 2,871.23 3,975.55 441. 73 3,092.10 3,312.96 3,092.10 2,871.23 2,871.23 3,092.10 P IMCO FDS #108 1/14/02 2/01/02 3/01/02 4/01/02 5/01/02 6/04/02 7/02/02 33,720.90 HIGH YIELD FUND INSTL FD 412_48 753.23 755.17 759.03 790.93 828.40 704.28 - 13 - - CUMBERLAND VALLEY CEMETERY RECEIPTS OF INCOME 20-10-102-3002770 CONTINUED: P1MCO FDS HIGH YIELD FUND INSTL FD 8/02/02 9/05/02 10/01/02 11/01/02 12/02/02 1/06/03 2/05/03 3/03/03 4/02/03 5/01/03 6/03/03 7/02/03 8/04/03 9/03/03 10/03/03 11/05/03 12/02/03 1/06/04 2/03/04 3/01/04 4/01/04 5/03/04 6/01/04 7/01/04 8/02/04 9/01/04 10/01/04 11/01/04 12/01/04 1/03/05 2/01/05 3/01/05 4/01/05 5/03/05 6/01/05 745.70 844.04 721. 87 791. 72 809.93 925.10 1,245.14 1,168.49 1,070.03 1,151.90 1,246.02 1,054.07 1,119.91 1.127.20 1,098.83 1,182.62 1,010.02 1,193.71 1,052.71 1,045.26 1.189.38 1,156.70 1,113.00 1,046.70 1.143.33 1.106.47 1,067.67 1,090.04 1,055.00 1,146.61 1.045.69 1.029.65 1,137.38 1, 121. 86 1,057.76 VANGUARD FIXED INCOME SECS FD INC INTER TERM CORP PORTFOLIO FD 7/01/02 718.75 8/01/02 757.35 9/03/02 748.41 10/01/02 720.74 11/01/02 744.78 12/02/02 698.36 1/02/03 658.61 2/03/03 514.94 3/03/03 487.81 4/01/03 539.93 5/01/03 521.80 6/02/03 540.35 7/01/03 577.70 8/01/03 505.84 9/02/03 369.80 10/01/03 432.40 11/03/03 482.65 42.115.03 - 14 - CUMBERLAND VALLEY CEMETERY CONTINUED: VANGUARD FIXED INCOME SECS FD INC RECEIPTS OF INCOME 20-10-102-3002770 12/01/03 1/02/04 2/02/04 3/01/04 4/06/04 5/03/04 6/02/04 7/01/04 8/02/04 9/02/04 10/04/04' 11/01/04 12/01/04 1/04/05 2/01/05 3/01/05 4/01/05 5/02/05 6/01/05 TEMP FUND FD #24 3/01/05 3/01/05 4/01/05 4/01/05 5/02/05 5/02/05 6/01/05 6/01/05 BLACKROCK MONEY MARKET INSTITUTIONAL CLASS FUND #01 2/01/01 3/01/01 4/02/01 5/01/01 6/01/01 7/02/01 8/01/01 9/04/01 10/01/01 10/01/01 11/01/01 11/01/01 12/03/01 12/03/01 1/02/02 1/02/02 2/01/02 2/01/02 3/01/02 3/01/02 4/01/02 4/01/02 5/01/02 - 15 - 445.50 450.01 447.13 426.91 455.25 438.22 459.23 434.73 449.23 441.52 428.74 444.78 432.93 447.92 444.75 398.45 442.17 423.28 438.28 18,369.25 3.68 59.44 4.65 72.94 13.16 66.41 4.55 68.96 293.79 59.06 256.58 147.34 14.43 16.84 22.30 40.35 40.78 24.60 39.99 38.14 33.80 35.39 29.36 37.29 21.99 40.54 .05 38.01 .51 46.56 1. 51 49.92 CUMBERLAND VALLEY CEMETERY 20-10-102-3002770 RECEIPTS OF INCOME CONTINUED: BLACKROCK MONEY MARKET 5/01/02 6/03/02 6/03/02 7/01/02 7/01/02 8/01/02 8/01/02 9/03/02 9/03/02 10/01/02 10/01/02 ' 11/01/02 11101102 12/02/02 12/02/02 1102103 1/02/03 2/03/03 2/03/03 3/03/03 3/03/03 4/01/03 4/01/03 5/02/03 5/02/03 6/02/03 6/02/03 7/01/03 7/01/03 8/01/03 8/01/03 9/02/03 9/02/03 10/01/03 10/01/03 11103103 11/03/03 12/01/03 12/01/03 1102104 1/02/04 2/02/04 2/02/04 3/03/04 3/03/04 4/01/04 4/01/04 5/03/04 5/03/04 6/01/04 6/01/04 7/01/04 7/01/04 8/02/04 8/02/04 4.15 53.87 7.21 45.03 7.65 59.04 1.54 59.46 5.95 20.94 6.91 2.31 12.54 2.32 11. 68 3.31 25.64 1. 50 20.15 1. 73 16.84 2.33 18.38 1.49 16.96 2.06 17.02 1. 84 17.11 1.19 16.29 1.37 16.13 1. 36 15.14 1. 04 15.90 1. 79 16.05 1.43 17.95 1.44 19.59 1.49 18.46 1.32 19.61 3.36 16.55 1. 93 15.32 1. 39 16.20 1. 37 20.20 - 16 - CUMBERLAND VALLEY CEMETERY 20-10-102.3002770 RECEIPTS OF INCOME CONTINUED: BLACKROCK MONEY MARKET 9/01/04 9/01/04 10/04/04 10/04/04 11/01/04 11/01/04 12/01/04 12/01/04 1/03/05 1/03/05 2/01/05 2/01/05 3/01/05 1. 60 23.39 2.41 28.26 2.04 31. 90 2.74 34.24 3.49 43.65 3.62 52.91 1. 75 MISCELLANEOUS 1,958.17 10/05/04 INTERNAL REVENUE SERVICE INTEREST PAID ON REFUND OF INCOME TAX RETURN 58.11 AMOUNT TRANSFERRED TO INCOME AS REIMBURSEMENT FOR FIDUCIARY TAXES AS PAID BY PRINCIPAL BUT ALLOCABLE TO INCOME 9/16/02 4/08/03 4/12/04 4/11/05 6,434.96 517.00 6,657.00 6,677.00 TOTAL INCOME 20,285.96 187,393.09 ------------ ------------ - 17 - " CUMBERLAND VALLEY CEMETERY 20-10-102-3002770 DISBURSEMENTS OF INCOME 9/10/02 CMS WEST REIMBURSEMENT 47.855.48- AMOUNT TRANSFERRED FROM INCOME AS REIMBURSEMENT FOR FIDUCIARY TAXES AS PAID BY PRINCIPAL BUT ALLOCABLE TO INCOME 4/12/04 26.00- 26.00- AMOUNT TRANSFERRED FROM INCOME TO REFLECT DIVIDENDS ALLOCABLE TO PRINCIPAL 6/22/01 ' 7/02/01 7/03/01 7/03/01 2,115.36 - 516.55- 340.78- 4,516.66- 7,489.35- PENNSYLVANIA DEPARTMENT OF REVENUE STATE FIDUCIARY INCOME TAX 9/11/02 4/12/04 4/11/05 599.00- 83.00- 167.00- 849.00- INTERNAL REVENUE SERVICE FEDERAL FIDUCIARY INCOME TAX 9/11/02 6,680.00- TOTAL INCOME DISBURSEMENTS 6,680.00- 62.899.83 . ========== - 18 - , . - CUMBERLAND VALLEY CEMETERY DISTRIBUTIONS OF INCOME TO BENEFICIARIES 20-10-102-3002770 CORNERSTONE FAMILY SERVICES CASH DISTRIBUTED 9/30/02 10/31/02 11/29/02 12/31/02 1/31/03 2/28/03 3/31/03 4/30/03 5/30/03 6/30/03 7/31/03 8/29/03 9/30/03 10/31/03 11/28/03 12/31/03 1/30/04 2/27/04 3/31/04 4/30/04 5/28/04 6/30/04 7/30/04 8/31/04 9/30/04 10/29/04 11/30/04 12/31/04 2,231.62- 1.992.15- 3,226.71- 5,011.60- 1. 612 . 66- 5,094.69- 3,701.64- 2,147.67- 4,342.52- 3.255.24- 1,921.42- 4,514.46- 2,941.28- 1,977.92- 5,657.76- 3,084.24- 2,612.27- 4,612.97- 2,918.90- 8,553.18- 4,927.79- 3,016.26- 1,832.98- 4.706.23- 3,022.77- 1,957.78- 4,439.99- 3.250.85- 98,565.55- 98,565.55- STONEMOR CASH DISTRIBUTED 1/31/05 2/28/05 3/31/05 4/29/05 5/31/05 6/30/05 2.315.46- 4,418.20- 2,942.76- 8.515.14- 4,716.81- 3,019.34- 25,927.71- 25,927.71- TOTAL INCOME DISTRIBUTIONS 124,493.26- PNC BANK, NA BY: KATHLEEN L. SINGLETO - 19 - ~ PNCADVlSORS As of March 31, 2004 Mutual Funds are one of the investment vehicles that PNC Advisors' uses to manage investments made on behalf of its clients' accounts. All mutual funds pay fees to various service providers for services rendered to the mutual funds. This fund fee disclosure grid is sent to you on a semi-annual basis so that PNC Advisors can inform you of the service fees earned by PNC Advisors or by another member of The PNC Financial Services Group, Inc. ("PNC") from the mutual funds or their affili- ates in connection with mutual funds which may be held in your account. Certain types of accounts may hold Service Class shares of the BlackRock Funds, which have a service fee of 0.30% in addition to the expenses listed Investments: Not FDIC Insured. No Bank Guarantee. May Lose Value. PNC affiliates may earn compensation for providing any or all of the following services: acting as investment adviser; providing accounting, transfer agency and cus- tody services; or providing omnibus record keeping and associated shareholder services to the mutual funds. Most of these fees are earned on a percentage basis; however, some fees are earned in specific amounts which are shown in the footnotes. The total expense ratio for each investment is also shown on this grid. These expenses are paid by the mutual funds or their affiliates and are separate from and in addition to any account level fees paid to PNC Advisors. In addition, certain funds used in client accounts, which are not mutual funds, also pay fees to PNC affiliates.' NAME OF FUND BLACKROCK FUNDS INSTITUTIONAL CLASS EXPENSE RATIOS* TOTAL EXPENSE RATIO TOTAL TO PNC BANK OR ITS AFFILlATES23 Asia Pacific Equity Ba I anced Core Bond T ota I Return Core PLUS Total Return DE Tax-Free Income European Equity Opportunities GNMA High Yield Bond Index Equity Intermediate Bond Intermediate Government Bond International Bond International Equity International Opportunities KY Tax-Free Income Large Cap Growth Equity Large Cap Value Equity Low Duration Bond Managed Income Mid-Cap Growth Equity Mid-Cap Value Equity Money Market Municipal Money Market NC Municipal Money Market NJ Municipal Money Market NJ Tax-Free Income OH Municipal Money Market OH Tax-Free Income PA Municipal Money Market PA Tax-Free Income Select Equity Small Cap Core Equity Small Cap Growth Equity Small Cap Value Equity Tax-Free Income U.S. Opportunities U.S. Treasury Money Market VA Municipal Money Market 1.45% 1.09% 0.55% 0.55% 0.70% 1.45% 1.43% 0.64% 0.76% 0.18% 0.60% 0.60% 0.94% 1.17% 1.45% 0.70% 0.82% 0.79% 0.55% 0.65% 1.23% 1.26% 0.42% 0.42% 0.30% 0.39% 0.60% 0.39% 0.60% 0.42% 0.60% 0.81% 1.30% 0.92% 0.94% 0.60% 1.59% 0.41% 0.30% 1.12% 0.78% 0.50% 0.50% 0.64% 1.24% 0.98% 0.54% 0.64% 0.13% 0.56% 0.54% 0.84% 1.03% 1.27% 0.65% 0,73% 0.73% 0.51% 0.61% 1.07% 1.06% 0.39% 0.38% 0.24% 0.35% 0.55% 0.35% 0.55% 0.39% 0.56% 0.71% 1.14% 0.81% 0.81% 0.55% 1.34% 0.38% 0.22% 1) PNC Advisors is a registered service mark of The PNC Financial Services Group, Inc. ("PNC") for investment management and fiduciary services and certain FDIC-insured banking prod- ucts and services provided by the PNC subsidiaries, PNC &mk, National Association and PNC Bank, Delaware, which are Members FDIC. PNC Advisors does not provide legal, tax or accounting advice. 2) A description of the services provided to the BlackRock Funds and the BlackRock liquidity Funds by PNC affiliates and the compensation received for each service may be found in the prospectuses. You can obtain a prospectus for the BlackRock Funds or the BlackRock liquidity Funds by calling your account officer or 1-800-441-7450. 3) (i) PNC Advisors may also receive an account level fee for services provided to your account. However, in light of the compensation for the services described above. for certain accounts, PNC Advisors discounts the account level fee for the portion invested in portfolios of the BlackRock Funds (other than a money market fund) and (Ii) PNC Advisors also receives compensation from its affiliate, BlackRock, Inc., for servicing and administration activities, 4) A description of certain of the services provided and fees earned may be found in the mutual fund prospectuses or other disclosure documents for the mutual fund. You can obtain the prospectus for a particular mutual fund by calling your account officer or 1-800-821-7432. If the fund you hold is not a mutual fund, you should have a copy of the disclosure document. If you have any questions. please call your account officer. "Servicing fees paid from the Fund's advisor. 20-10-102-3002770 COMMONWEALTH OF PENNSYLVANIA COUNTY OF ALLEGHENY SS Kathleen L. Singleton, Trust Officer ofPNC Bank, N.A. Trustee, hereby declares under oath that said Trustee has fully and faithfully discharged the duties of their office; that the foregoing First and Intermediate Account is true and correct, and fully discloses all significant transactions occurring during the accounting period; that all known claims against the trust have been paid; that, to the best of their knowledge, there are no claims now outstanding against the trust; and that all taxes presently due from the trust have been paid. PNB BANK, N.A. BY: '(' d a.,~ i 4~ Kathleen L. Singleton Trust Officer Subscribed and sworp.}o ~e~ this / Y day of )6 'fl. ~ , 2005 NOTNlW. SIAl. MMv K DtWID() Noby PubIc CIIY OF PfrIIIWIGH. AUlGIBN COUNIY MvComn..........""" II. 2CI09 .'''. .. o PNCADVlSORS As of March 31, 2004 NAME OF FUND BLACKROCK LIQUIDITY FUNDS (formerly BLACKROCK PROVIDENT INSTITUTIONAL FUNDS) EXPENSE RATIOS INSTITUTIONAL SHARES ADMINISTRATION SHARES TOTAL TOTAL TO TOTAL TOTAL TO EXPENSE RATIO PNC AFFILlATES2 EXPENSE RATIO PNC AFFlLlATESv 0.18% 0.18% 020% 0.20% 0.20% 0.20% 0.20% 0.20% 0,20% 0.20% 0.16% 0.16% 0.18% 0.18% 0,18% 0,18% 0,18% 0,18% 0,18% 0.18% 0.28% 0.28% 0.30% 0,30% 0.30% 0,30% 0.30% 0.30% 0.30% 0.30% 0.26% 0.26% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% TempFund T empCash FedFund T-Fund Treasury Trust Federal Trust MuniFund MuniCash California Money New York Money NAME OF FUND OTHER FUNDS TOTAL EXPENSE RATIO 1.06% 0.79% 090% 0.70% 1.05% 0.80% 1.21% 1.17% 1.77% 1.29% 0,98% 1.22% 1,27% 1.27% 0.59% 0.67% 0.60% 0.85% 2.40% 1.74% 1.08% 1.10% 1.43% 1.42% 1.25% 1,98% 1.42% 1.60% 0,72% 0,80% 1.55% 0.76% 0.80% 0.91% 0.97% 1.00% TOTAL TO PNC AFFILIATES' Ailiance Growth & Income Fund American Advantage Inti Equity American Century Capitai Value American Century large Company Value American Century Smail Cap Value American Century Uitra Fund Artisan International Equity Fund Artisan Smail Cap Value Calvert New Vision Small Cap Calvert Social Equity Fund Cohen & Steers Equity Income Columbia Smail Cap Growth Consteilation Ciover Smail Cap Value Federated Capital Appreciation Franklin Fl Tax Free Franklin Insured MA Tax Free Franklin NY Tax Free Harbor International GAM Avalon lancelot ING Piigrim International Value Janus Mid Cap Value Janus Smail Cap Value Managers Special Equity MFS Core Growth MFS Vaiue Munder Micro Cap Equity Olstein Financial Alert RS Investors Smailer Company Growth Scudder Massachusetts Tax Free Scudder Short Muni Fund State Street Aurora Fund T. Rowe Pnce Growth Stock T. Rowe Price Mid Cap Growth T. Rowe Price MCV T. Rowe Price Value T. Rowe Price Real Estate a a c c c c a,c a,c a a a,c a,c a,c a,c a,b a,b a,b a,c d a a a a a a a,b,d c a,e b b a c c c c c a) PNC affiliates receive between $100 and $8,900 in annual revenue for providing State securities filing services, b) PNC affiliates receive between $99,200 and $582,500 annually for printing and mailing of fUnd financial statements and certain related services for the fund family of which this fund is a part. c) PNC Bank receives a fee between, 10% and .35% Of the average daily net asset value of assets invested in the Funds for omnibus accounting services. di PNC affiliates receive between $154.753 and $250,584 in annuai revenue as transfer agent e PNC affiliates receive $151,000 annually for fund accOunting services. f .. s :El Q,l 3 ... ~ ;,..rlJ3; Q,l't:l 0 ~..: "'C - \Ill . is ; - "Cl ~ I: ; = .= ~Q,l~:=~8~~ Q,lCc-=cu.5o, ~ ~'~~~ee:~;; Vi ~ 04ol:;:-<.-.cQ,lQ,l V':') c. I: ~ c.. '0 "C ~ ; of;: ",'-"'_ C "'C 4i "Cl'. _ 1:1 rJ'J. ~~~ c~:5! !=::':W' =l '-_-"=[$:(lJQ,l ~~'is:cQ~..c : ","C;.J'';::S=~~t' Z ~=a8,=c>=.5= - ~ ~ ~ t ~ i I: 'C ..c."" Q,l t:: '_ Q,l .. = to: t:;;;.g.s~E~ Q,l8=CJcc~';1:: CJ(JQ,l..Q,l4ol..c~ s< i ~.;.:: Q .. ~ ~:;Q,lt:~~,,~~ ;.J_~=Q"lQ;Q,l>"2 ='oQ.aiE~~':b gf Q,l;O S :: ~~.~:~o= ..c.~_ ~~"'e=..c:-s . ..c.-Q,i",-c"'CC<I.lci:t ="S-5"Ei~;;;::!i!~ o:Sco:s=-u~~"Cl f:l~~~o:5!;;:t;;~= ~ .- ~ 0 = ~ e Q,l Q,l ~ u gO Q,l~ ~.~.;;~ ~'=I "Cl ~t:'-::~<:i 0"""; ~ SQ.; ~"S:E ;.5 ~ i:t .; c,"C U ..S!: = = ~ ~.~ - ~ E ; ~ t:: c.. g. 0 ~ -= (Q"l ....=-Q,j-oE=124i .8 ,:'0 e.s~~ C'c.! ~~ ---"::"CC'i~Q,l~c'CS ~~Q.i~~-~t=r.=~ "Ce-;5;~=c.e~.- t~"'C"'-e-"';Q,l~ . UCliQ,ltQ,lQ,lCQ,l_.Q,-Q,l >'V) -= c..; .... ~ of ~ ~ 0 .~ .c II'J"'""' Q,lf+,ol!'iSilo 0 Q >''0 ::::2 o.c oCl.i c C-Q,l:S Sc "':::_"'C="Cl::!Q,iQ,i>Q,l(,.lQ,l _'0 ;'~;;~.! t': b<-= r.. ~ Q 0 ~ ICl ~ 0:: "" Eo< Eo< z II. W ci Ol 0 Z r/J ... ...J I- <rl Z ~ ~~r.. ..., z ...J Z ::i 00. 0 ;:J II) <( ...J w W <r:>< ... 0 'oC U ,,"E-< 00 Eo< ...:i~Eo< ..., ~ W >- C') 0 ..J~<r:> u ...:iEo<r/J 'It lD D.. z c 0 0 u -<~;:J z w - 0 ~ ...... 1 OJ <fl W D.. w z Ol zOzQ -< ;,~~~ ... LU 0:: - a.. C') os U z ou<r:E-<J, z ~ I w JJ ~ Q~~O C" L:: w ~ ~Q>~Q :i = '" "- ffi~ z <{ ID ~..J~~ s:: Eo< Zu ...:i "" 0 0 LL a.. ID ~ >< 0 . z -<...:i-<Eo< .: ~ ~ ...J 8Eil~~~ ~ -< r.. ;a~u~ OJ <( II z ~ Eo< 0 ..:.: ...J ~ ...J 0 :r :r ICl l:Q ..... 0 - "",,"Zoo Z ~ ...:ir/J ... 0:: W 0 J n. N ... ...J ...J o=~~ - -< l:QO-< 00 w s: u.. w E-<~ == Q - ~~;:J = lD ~ f'. c ;, :r :l ~~ ~ Z ;:J~Eo< I- ID -< 0 ~ OL Ol ~u u~~ c :r 0 0 Eo< = Z a.. U r/J U ~ ~ -< ~ - e: ~ r.. ..s U-) C) (".j \...0...; L".':l 1[:;:-- c=' <"'-J on o M '" '" r-y I I I I ~ o z ~~ 9 ~E-< ~ ,..;:z~;, ~~........ ZOZQ OU~E-<~ ~Q;'~~ ~z~5~ oj~uo u~z~ z ~~~~ o=~~ E-<~ == ~~ ~ ~u ~ o 0 u .5 ~ Q ~ iE -5;':E; ~~E.g.c~=:= =:]'t;;i=;Q,l:r2 ~e=.!=c~~'o '~~~~~6~it< g~~=<';~~~ C~Q,l'::5!Cj.s;; ~Q,l.c=~~C'_1. .-:: '5 == ~ ~ ~ :f; 't;; .~ ~'o~;:cg~-: ""CtQ,l'=c=..::.::~~ ':c58~"c.50l ...... ~. ~ "'" ~ ~ ~ == 'y c...... Q,l!.:: "_Q,,) I. <<Ir.:: ;;-sc-g:o~e~ t8ce=~t'c;~ ~"~;=~-sCj~ .Q< ~...._.- c'" c ~:a ~t: ~ ~~~:a ~:~S~t~;~ - c Cl.Uc.Q....c OJ ~ o ~ z ~ o u u < ~ .s;: ~ ~ z ..... ~ z < ~ r.rJ. ~ .... ~ ell Q,l; = .s :a e;....~ ..... c==E~.c.s; :E ~.::C,lI.'S="OC~c~ :=;~'E.~;; ~~~ Q:S~O:E'=""U~'-"C Q,l "'" r..I ..c = u..... Q = ~~-;;~:Se~:J~Cj gQ t-=.~:!-s~ ~.: 1:l Ol t:: .- Q OJ c .... ... Oi .B ~Q.g ~1:l:5! ;.5 ~ ~ .-:: c. -= U ~ ~ = ~ 't;; .~ c ~e;ll;'::Cl.g.c~..c.. ....~...... c e =12.. >;S 0l...50......~>. ........;<li ..c C._ ....;., ...~ ~.5 Ol 't;; .................."C ='0 OJ ~ c'o.- cC~~~~-tl=t::1Jj '-S't;;c",cc S""Cl 1:: Q.l"O ~ <<I e-j.'- ~.; ~=Q,l~-;:~~ !!.cC:Qj >'00; c..;. > ~I.:'Q.~ .cfl.ll.-Q,,)r..-'6il =0>.= ~:c C.Q crll c t-..:a g.c ~_"O=-=:EQ,lQ,l>Q,lC"lQ,l .. '0 :; 'i ; = ~ t ~ b -< -S ~ ~ ~ r.rJ. ~ ~ ~ i ~ ~ Q:l :$ ;;, o 0:: u < ~ ~ 0:: ~ ~ o ~ z >o>o~ ~~~ ...:l~~ ...:l~r.rJ. <~~ ;;,~~~ ~~~O ZU~...:l <...:l<~ ~~U~ ~~...:lr.rJ. Q:lO< ~~~ ~~~ U~~ ~ ~ ~ / '''t>o;- 1111 Ai · cl_ 00- =A. ::IO! ,a... -.: A.c - .6:- ~") 'g i .I ~ 'g !t ,1 ~ cZ~ '. O'.c.= ~.. .'2;; A 0;1 ~ (' - '5 ~ j I~I I .... l"'l lI'l '00 l"'l =It: Q.l .. '3 C" '" ~ .; Q.l .:.Ii ..... .. - 00 ~ ~ = Z z ~ Z ..J <( ...J ~ W m n.. lIJ W n.. tJ c:: - G: I lJ~KS ~ ~ ...J ...J ~ ...J 0:: W ~ ~ ~ O~ II: 10 ~ 0 Ol z ~ (() w CD () cry 0 z ~ 0 0 z w ~ ~ Ol g w ' W ::;::: <l: 10 z 11.. <D o u.: <D II: Z ~ o I I 10 o 0 n. ..J J ..J (\J lJ... " ~ ~ <D j Ol I 11.. or) o M 'D 'D