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HomeMy WebLinkAbout05-01-80 FIRST AND FINAL ACCOUNT OF FLORENCE E. CHRONISTER AND MILDrlED W. ZEIGLER, EXECUTRICES OF THE LAST WILL AND TESTAMENT OF CLARENCE M. SMITH, LATE OF THE BOROUGH OF CARLISLE,. CUMBER- LAND COUNTY, PENNSYLV ANIA, DECEASED. DATE OF DEATH: LETTERS TESTAMENTAR Y A DVER TISED: December 12, 197H CUMBERLAND LAW JOURNAL: February 9, 16 and 23, 1979 THE EVENING SENTINEL: February 6, 13, and 20, 1879 PRINCIPAL RECEIVED Accountants charge themselves with the following principal amounts received: 1979 - Jan. 4 3-story brick building, storeroom, etc., known as Nos. 21>, 27, 29, 31 South Hanover Street $225,000.00 4 Balance Farmers Trust Company checking account No. 4- 3ii27-H 1,65H.HO 4 Balance Farmers Trust Company checking account No. 5-2602-0 ii93.79 4 Balance Farmer s Trust Company- passbook savings account No. 1-0ii9b9...6 ~2.ii6 4 700/0 equity in business known as, Smith Music House 9,721.30 4 1 - $2.50 gold coin dated 1889 50.00 4 1 - $2.50 gold coin dated 1925 45.00 4 1 - $2.00 gold coin dated 1915 45.00 4 1 - $2.50 gold coin dated 1925 45.00 4 1 - $2.50 gold coin dated 1925 45.00 4 1 - $20.00 gold coin dated 1914 4 1 - $20. 00 gold co in dated 1904 160.00 160.00 f TOT AL PRINCIPAL RECEIVED $237,916.75 .., . ~_._-_.. --.-- .- I) (.; uK ~6 tHuE J11 INCOME RECEIVED Accountants charge themselves with the following income amounts received: 1979 Jan. 4 9 9 9 9 9 9 9 9 9 9 10 17 17 Feb. 6 6 6 6 6 6 13 13 13 13 Interest on Farmers Trust Company savings account #1-0tl9b9-6 Bal. 197tl rent from Marion R. Lower January rent - Richard A. rlussell January rent - Lottie B. George January rent - Martha H. Bigler January rent - Marion R. Lower January rent - Judith A. Vianey (partial) January rent... Housing Authority for Judity A. Vianey January rent - Glatfelter Pulp Wood Co. January rent - Ralph R. Sturn December rent - Patric ia S. Spear January rent - Elizabeth Anne Donnelly January rent - PatriciaiS. Spear Bal. 197tl rent from Smith Music House February rent - Martha H. Bigler February rent - Lott ie B. George February rert - Richard A. Russell February rent - Ralph R. Sturn February rent - Glatfelter Pulp Wood Co. February rent - Housing Authority for Judith A. Vianey February rent - Mariop. R. Lower February rent - Elizabeth Anne Donnelly March rent ... Eli.zaliteth Anne Donnelly January and Febru.ary rent... Smith Music House . , , b!J~1\, '.1, ';. , '. (.1,6- '1P . tf~t;E , J.L2 .39 200.00 1bO.00 185.00 130.00 1bO.OO 34.00 116.00 85.00 165.00 225.00 165.00 22:>.00 600.00 130.00 H15.00 1bO.00 165.00 85.00 116.00 1bO.00 165.00 165.00 600.00 Feb. 13 Marc h 1 Apr. 10 May Bal. February rent - Judith A. Vianey 34.00 13 February rent - Patr ic ia S. Spear 225. 00 27 March rent - Ralph R. Stum 165.0n 27 Marc h rent - Lott ie B. Gear ge 195.00 27 March rent - t{ ichard A. Russell 150.00 27 Marc h rent - Martha H. Bigler 130.00 27 Partial March rent - Judith A. Vianey 34.00 March rent - Glatfelter Pulp Wood Co. tiS. 00 1 Bal. March rent - Housing Authority for Judith A. Vianey 116.00 14 Medicare refund H.OO 14 March rent - Sm ith Mus ic House 300.00 14 March rent - Marion R. Lower 150.00 21 Medicare refund 2.00 21 March rent - Patric ia S. Spear 225.00 2~ April rent - Martha H. Bigler 130.00 29 April rent - Glatfelter Pulp Wood Co. liS. 00 2~ April rent - Ralph R. Stum 165.00 29 April rent - Lottie B. George 195.00 April rent - Marion R. Lower 150.00 10 April rent - H ichard A. Hus sell 150.UO 10 Partial April rent - Housing Auth. for J. A. Vianey 116.00 10 197tl tax refund, James Line, Tax Collector 39.61 10 Bal. April Rent - Judith A. Vianey 34.00 11 April rent- Patricia S. Spear 225.00 17 April rent - Elizabeth Anne Donnelly 165. 00 17 Apr il rent - Smith Mus ic House 300.00 2 May rent - Ralph R. Sturn 105.00 2 May rent - Glatfelter Pulp Wood Co. liS. 00 2 . May rent - Elizabeth Anne Donnelly 165.00 UvuK ~6 rr ,. ~ f~v_ .t :.3 U.1- May ~ 2 ~ ~ 8 15 15 15 21 :n May rent - n ichard A. Russell 150.00 May rent - Lottie B. George 105.00 May rent - Martha H. Bigler 1 :~O. 00 Partial May rent - Housing Auth. for J. A. Vianey 116. 00 May rent - Mar ion R. Lower 150.00 Balance May Rent - Judith A. Vianey 34.00 May rent - Patr ic ia S. Spear ~25.00 \ May rent - Smith Music House :WO.OO Real estate tax pro-ration 588. 15 Interest on sa v ings account, Cumberland Valley Savings and Loan Association 182.66 TOTAL INCOME RECEIVED $10,320.81 DISBURSEMENTS FROM PRINCIPAL Accountants charge themselves with the following amounts paid: 1979 Jan. 4 17 23 ~3 Feb. 6 6 13 13 Mar. 1 1 14 30 A pr il 3 17 11 Checks cleared after death 315.62 Presbyter ian Home, Inc., account 449. 32 Cumberland Law Journal, advert is ing 18.00 The Evening Sentinel, advertising 16.65 MGM Pharmacy, account (part of family allowance) 126.38 Belvedere Medical Corporation, account 10.00 Register of Wills, short certificate 1. 00 Register of Wills, Letters Testamentary and 1 short certificate 60.00 Farmers Tru st Company, February pr incipal 255. !l5 Farmers ,Trust Compariy, March pr inc ipal 258. 13 Hoffman Funeral Home, funeral expenses 2, 198.60 Farmers Trust Company, April principal 259.81 Hoffman Funeral Home, balance due on funeral expenses 255.00 Farmers Trust Company, May principal 261. 76 Farmers Trust Company, balance of principal 3,586.75 bL'vK S6 ti\L;t . '4 J_1_ May 15 21 22 June 4 6 Sept. 5 7 7 7 7 Oct. 17 1980 A pr . 15 . 23 Greater Carlisle Area Redevelopment Author ity 2}400.00 d egister of W ills} filing Report of Asset s 3.00 Carl isle Memor ial Service, Inc., grave rna rkpr .~40. 00 Register of Wills, 2 short cert ificates ~. 00 Margaret M. Smith, balance of family allowanc(' 1,873.62 R. Gerald Lackey, coin appraisal fee 5.00 Register of Wills, filing Debts and Deduct ions 3.00 Register of Wills, Pa. Inheritance Tax 11,953.41 Internal Revenue Service, Federal Estate Tax 2, 183.26 Register of Wills, Filing Supplemental Report 3.00 John Bolan, copies of tax returns 3.00 Internal Revenue Service, 1979 Federal Income Tax 86.03 Internal Revenue Service, Addit ional Federal Estate Tax 1, 592. 03 Reserve for real estate transfer taxes 2, 250. 00 Florence E. Chronister and Mildred W. Zeigler, Executr ices' commissions 11}895.84 Robert M. Frey, Attorney's fee 11,895.84 Reserved to I' ecord releases 7.00 Reserved to'file account 45.00 TOTAL DISBURSEMENTS FROM PRINCIPAL $54,514.00 DISBURSEMENTS FHOM INCOME Accountants charge themselves with the following amounts paid: 1979 Jan. 9 Hunter Janitor ial Services, account 50.00 9 Guy Kuhn & Son, trash removal 12.00 9 Shenk Oil Co., account 400.00 9 Ray Mayberry, repairs to second floor apartment 395.,00 9 Arnold Coal & Supply Co. , account 107.32 b' ~' , ',",Vi' (..,.... ~O n,,,t 315 '. Jan. Feb. Mar. 1 Apr. May 25 9 Pa. Power & Light Co., account 38. '2.7 17 Cole's, ma ilbox repairs 13.25 6 Guy Kuhn & Son, trash removal .12.00 6 Pa. Power & Light Co., account 45.32 6 Arnold Coal & Supply Co., account 58.50 6 Shenk Oil Co., Inc., account 1,325.19 6 Hunter & Sons Janitor ial Service, account 50.00 Shenk Oil Co., account 1,200.99 1 Pa. Power & Light Co., account 44. 17 1 Hunter & Sons Janitor ial Service, account 50.00 1 Farmer s Trust Company, February interest 34.67 1 Farmers Trust Company, February late charge 5.81 1 Farmer s Trust Company, March interest 32.49 14 Lebo's Sheet Metal Shop, repairs to downspout 27.00 14 Irvin Creamer, service to furnace 50.00 14 Borough of Carlisle, water and sewer 223.59 14 Guy Kuhn & Son, trash removal 12.00 29 Hunter & Sons Janitor ial Service, account 50.00 29 George W. Fitzpatrick, plumbing repairs 77.25 30 Farmer s Trust Company. A pr il interest 30.81 3 Pa. Power & Light Co.. electricity 9.05 10 Shenk Oil Co.. Inc.. fuel oil 800.00 10 Guy Kuhn & Son. trash removal 12.00 17 Pa. Power & Light Co.. electr ic ity 25.33 17 Farmers Tr.ust Company,' May interest 28.86 Hunter & Sons Janitorial Service, April cleaning 50.00 2 Pa. Power & Light Co.. account 9.37 2 Pa. Power & Light Co., account 24.01 blivK ~O ti\0t 316 ,. .. .--, May ~ ~ 8 11 15 15 15 15 30 June James Line, Tax Collector, 1979 County & Borough taxe~ 704.78 George W. Fitzpatrick, plumbing repairs 483.80 Guy l(uhn & Son, trash re moval 15. 00 Farmer s Trust Company, satisfaction fee 4. 00 Shenk Oil Co., balance in full 949. 99 Recorder of Deeds, additional satisfaction fee 2.00 Robert M. Frey, amortization schedule 4. 00 William M. Kronenberg and Ronald L. Tanger, pre-paid rents from May 21 to May 31 471. 67 23 Commonwealth of Pennsylvania, cancellation of fictit ious na me 45. 00 23 Cumberland County Prothonotary, cancellation of fictit ious name 5.25 ~9 Pa. Power & Light Co., final 44.41 Borough of Carl isle, final water and sewer 165.05 5 Guy Kuhn & Son, trash removal 15.00 7 Hunter & Sons Janitorial Service, partial May 33.33 7 Irvin Creamer, services 45.00 Florence E. Chronister and Mildred W. Zeigler, Executrices' commissions 5 16. 04 Robert M. Frey, Attorney's fee 5 16. 04 TOTAL DISBURSEMENTS FROM INCOME $9, 056.71 RECAPITULA TION Total Pr me ipal Received $237,916.75 Total Income Received 10,320.81 Total RecQipts 248,237.56 Less Disbursements from Principal - 54,514.00 Less Disbursements from Income 9,056.71 Balance for Distribution $184,666,'85 ._-----------------~ -'--- \ I, I~".' ~;~~ Ili,u.f \J'4.:.,..7 ,';~\ii; _ v _ _ COMMONWEALTH OF PENN5YLV ANI.A ) 55. : COUNTY OF CUMBER LAND Before me, the undersigned officer, personally appeared FLORENCE E. CHRONISTER and MILDRED W. ZEIGLER, Executrices of the Last Will and Testament of Clarence M. Smith, deceased, who, being duly sworn according to law, depose and say that the foregoing First and Final Account is true and correct to the best of their knowledge, informat ion and bel ieL ~......,. - ~-~~ - Florence E. Chron. r ~w~ Mldred W. Zeigler_ , 1980. r3~ , 983 ....., . buvK (.: .--- .~b rl10t 318. FffiST AND FlNAL ACCOUNT OF FLOKENCE E. CHRONISTEH AND MILDRED W. ZEIGLER, EXECUTRICES OF THE LAST WILL AND TESTAMENT OF CLARENCE M. SMITH, LATE OF THE BOROUGH OF CARLISLE, CUMBEH- LAND COUNTY. PENNSYLVANIA. DECEASED f';; _ "'~. , .,..' PROPOSED SCHEDULE OF DISTR IBUTION . BALANCE FOR DIST.:UBUTION TO: WIn ia m F. Kennedy 30 "G" Street Carlisle, PA 17013 Bequest in Paragraph No.4 of Decedent's Will TO: Estate of Margaret M. Smith (died January 30, 1980) One-third of estate per Not ice of Elect ion to Take Against Will of Decedent Total estate for distr ibution after payme nt of Federal Estate Tax Plus Feder al Estate Tax Net estate before payment of Estate Tax Elect ive share is one-th ird of gross estate Less Fed. Estate Tax attributable to $2, 000.00 family exemption Net elective share after payment of Pa. and Fed. taxes applicable thereto Less life insurance paid to Margaret M. Smith as designated beneficiary: Prud. Life Ins. Co. Policy No. 405 631 2. 208. 74 Consistory benefit 1,000.00 100F Lodge death benefit 300. 00 Zembo Temple Emergency fund 1.000.00 Masonic Lodge Immediate Relief fund .' 1. 000.00 Balance of elective share to be pa id from probate estate Less partial distribution paid June 6. 1979 Balance due . \ , bltvK (/...." ..Jb ti\0t i. 184,666.85 13,545.44 198,212.29 66,070.76 132.32 65,938.44 -5.508.74 319 $184,666.85 1,000.00 60,000.00 429.70 Balance for distribution to Florence E. Chronister and Mildred W. Zeigler - $123, ~37. 15 TO: Florence E. Chronister Box 587 Carl isle, PA 17013 One-half residue of estate 61,618.58 Gold coins, in kind Bal. for d istr ibution Payment to estate to make possible distribution in kind of an undivided one-half interest in title to real estate at 25-31 South Hanover Street subject to installment sales contract on wh ich there is an unpaid principal balance of $180,000.00 as of June 21, 1979 (one-half of sa id unpa id pr mc ipal balance be ing $90, 000. oel: Payment June 21, 1979 Payment Sept. 10, 1979 Payment Dec. 7,1979 Payment Apr il, 1980 6,460.00 7,150.00 6,000.00 9,046.42 28,656.4~ TO: Mildred W. Zeigler R. D. I, Ridge Road Boiling Springs, PA 17007 One-half residue of estate 61,618.57 Gold co ins, in kind Bal. for distribution Payment to estate to make possible distribution in kind of an undivided one-half interest in title to real estate at 25- 31 South Hanover Street subject to installme.nt sales contract on wh ich there is an unpaid principal balance of $180,000.00 as of June 21, 1979 (one-half of said unpaid principal balance being $90,000.00): Payment June 21, 1979 Payment Sept. 10, 1979 Payment Dec. 7, 1979 Payment April, 1980 6,460.00 7,150.00 6,000.00 9,046.42 28,656.42 \ l1~v~ . So .,r.o '", ~'i' r}~ut .u'/"".,' /. :.'; . ~.." ~, '. 275.00 61,343.58 275.00 61,343.57 $184,666.85 COMMONWEALTH OF PENNSYLV AN IA ) SSe : COUNTY OF CUMBERLAND Before me, the under signed officer, per sonally appeared 1<'1 ,OI{ENC E E. CHRONISTER and MILDRED W. ZEIGLER, Executrices of the Last Will and Testament of Clarence M. Smith, deceased, who, being duly swor n according to law, depose and say that the foregoing Proposed Schedule of Distribution is true and correct to the best of their knowledge, information and belief. ~" E~~ orence E. Chronlster ~ ~~ ~l!~r. -7 ~,,~~",;}").:~n to and subscribed before me ..,tt":>!:.",,,,<,:-~~li,: ....- 0 ..........~.c.-:' l.,. i /'~~~,.."b...J1tiS.~~th day of April , 1980. . ."'i~. - O''!::.' :: <:0: - i ~ .....,;. ~,~==: CO .ki&!.-t. .- (Jl--:" ). ,: .'...,1. ~; ..0( - .r '>,"':"- . :~')~. :, ~s;.,.. ,__~"..i<."-, : ';.:: '. 7("~". 0 - .... . ....... ~ a. .. "~'~~~~;~;' , ~?;~...1a..,.,.,t.~.,,~t,"':,,' .'"',~. " ""'.'..."',,,-,.'.'.....". ''''-': """",,,; 1tl,:Q,mmission Expires June 13, 19 Pub'it: Cotfi~e, Cumberland County bliv~ (.; ;.: ~v tiiut J21 o )> UI ::0 !: ~ Ul c: r -l !" :I: :I: 11 )- rr1 Z Z 0 Z < Ul ~ -< CII r -l < ;U )> III Z ~ )> )>: :u ~, 0 ~. m O'm ::01;U Z;.. -I I'll' -<' ..~ )>, . ~. ", "II ri., "II )>; <IV ~Im 1-< ~ ~ ,. l-I ~_: r+ p.. 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