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Home My WebLink About07-27-79 IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-78-621 YEAR OF 1978 ESTATE OF DANIEL GERALD WISE, DECEASED LATE OF THE BOROUGH OF CAMP HILL, PENNSYLVANIA STATEMENT OF PROPOSED DISTRIBUTION OF FIRST AND FINAL ACCOUNT OF NATIONAL CENTRAL BANK, EXECUTOR The Accountant's Proposed Distribution is as follows: Balance for Distribution: Principal Cash Income Cash $ 3,053.67 5,541.30 $ 8,594.97 Assets - $10,000 Ontario, Province of, Canada Bond, 8.2% due 6/15/82 316 shs. Allied Chemical Corp., Common 2,000 shs. Duquesne Light Co., Common 200 shs. General Telephone & Electronics Corp., Common 200 shs. B. F. Goodrich, Common 1,000 shs. Pa. Power & Light Co., Common 400 shs. Union Pacific Corp., Common 9,612.50 10,052.75 32,937.50 5,718.75 3,706.25 20,062.50 21,437.50 103,527.75 $112,122.72 Distribution is proposed as follows: Arthur Joseph Wise, Share 100% Entire balance, as listed above $112,122.72 The Proposed Distribution is in accordance with the Last Will and Testament of Daniel Gerald Wise, Deceased, and the beneficiary, Arthur Joseph Wise, has indicated to the Executor that the securities as indicated would be accepted in kind. NATIONAL CENTRAL BANK icer Executor of the Estate of Daniel Gerald Wise, Deceased l,',,"t'" q,~,. T l' 1 n v:1 ,'''0. " ~ dJ -78 - c:':i./ PROPOSED DISTRIBUTION , 'i.'/...J .' ju 1.7 ~7.. fl7'1 FIRST AND FINAL ACCOUNT OF NATIONAL CENTRAL BANK, EXECUTOR OF THE ESTATE OF DANIEL GERALD WISE LATE OF THE BOROUGH OF CAMP HILL CUMBERLAND COUNTY PENNSn.VANIA DECEASED: October 29, 1978 , ( ESQ. ATTORNEYS COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION No. 21-78-621 YEAR OF: 1978 Estate of DANIEL GERALD WISE, Deceased Late of the Borough of Camp Hill, Pennsylvania FIRST AND FINAL ACCOUNT OF NATIONAL CENTRAL BANK, EXECUTOR Date of Death: October 29, 1978 Letters Granted: November 14, 1978 First Complete Advertisement of Grant of Letters: November 24, 1978 Account Stated to July 20, 1979 Attorney: Joseph G. Skelly, Esq. SUMMARY & INDEX PRINCIPAL Pages Receipts 2 Net Gain or (Loss) on Conversions 3 $149,820.75 349.79 $150,170.54 41,499.12 $108,671.42 2,090.00 Adjusted Balance Less Disbursements 3-4 Balance before Distributions Distributions to Beneficiaries 4 Investments 4 2 Principal Balance Remaining INCOME Receipts Less Disbursements $ 7,628.10 2,086.80 Income Balance Remaining 4-5 5 2 COMBINED BALANCE REMAINING COMPOSITION OF NET BALANCES PRINCIPAL $106,581. 42 5,541.30 $112,122.72 Value 7-15-79 Account Value Bond ~O,OOO Ontario, Province of, Canada Bond, 8.2% due 6/15/82 $ 9,512.60 Stocks 316 shs. Allied Chemical Corp., Common 11,099.50 2,000 shs. Duquesne Light Co., Common 30,250.00 200 shs. General Telephone & Elec- tronics Corp., Common 5,400.00 1 L"!'lR (~~"'" ; '6 L1 v.tJ: t/101.. ~'it.J $ 9,612.50 10,052.75 32,937.50 5,718.75 Value 7-15-79 Account Value 200 shs. B. F. Goodrich, Common 3,950.00 3,706.25 1,000 shs. Pa. Power & Light Co., Common 19,250.00 20,062.50 400 shs. Union Pacific Corp., Common 27,350.00 21,437.50 Cash 3,053.67 3,053.67 TOTAL PRINCIPAL $109,865.77 $106,581.42 INCOME Cash $ 5,541.30 PRINCIPAL RECEIPTS Inventory, as filed Subsequent Receipts 1-12-79 Long Meadows Apts., Return of Security Deposit 1-23-79 Myers-Hall Funeral Home, Inc., Overcharge of funeral expenses 1-31-79 Newsweek, Cancellation of subscription 2- 8-79 Social Security Administration, Lump-sum benefits 2-20-79 Colonial Penn Insurance Co., Cancellation of auto policy 2-20-79 Forbes, Inc., Cancellation of subscription 3-20-79 Medicare and Pennsylvania Blue Shield, Re- imbursement of medical expenses 4-18-79 Internal Revenue Service, Refund of 1978 Individual Income Tax 4-30-79 National Geographic Society, Cancellation of subscription $148,111.14 TOTAL PRINCIPAL RECEIPTS 100.00 30.00 31. 51 240.56 135.90 59.50 282.70 827.49 1. 95 $149,820.75 PRINCIPAL CONVERSIONS INTO CASH Gain Loss 11-24-78 Harris Savings Assn., Savings Account #1-51753 Proceeds - $ 366.45 Inventoried at - 366.45 11-24-78 Harris Savings Assn., Savings Certificate ifl-09-115590 Proceeds - $15,000.00 Inventoried at - $15,000.00 1- 9-79 $2,000 U. S. due 5/31/79 Sold Carried at Treasury Bills - $ 1,905.76 - $ 1,905.76 li5ER 94 ~ ' 'j",-.)\.- 437 2 1-30-79 5-31-79 $18,000 U. S. due 5/31179 Sold Carried at Gain Treasury Bills - $17,151.89 - $17,151.89 $2,000 U. S. Matured Carried at Treasury Bills - $ 1,905.77 $ 1,905.77 6-29-79 480 shs. Manufacturers Hanover Corp. Proceeds - $16,849.79 Inventoried at - $16,500.00 TOTAL 11-15-78 11-15-78 11-15-78 11-17-78 11-17-78 11-20-78 11-24-78 11-24-78 11-28-78 11-28-78 11-28-78 11-28-78 12- 8-78 12- 8-78 12-11-78 12-29-78 1-29-79 1-29-79 3- 8-79 4-27-79 6-29-79 6-29-79 349.79 349.79 Net Gain Transferred to Summary PRINCIPAL DISBURSEMENTS Register of Wills, Probate and Short Certificates Lucy Evans, Witness to signature on Will Dora K. Prayer, Witness to signa- ture on Will M. D. Mills, M.D., Outstanding check #497 re checking account of Daniel G. Wise Long Meadows Apts., Rental for Oct. and Nov. 1978 Cumberland Law Journal, Adver- tising Letters Testamentary Harry M. Wimer, Appraiser, Appraisal of personal property Register of Wills, Short Certificates Myers-Hall Funeral Home, Inc., Funeral services Holy Spirit Hospital, Balance due Blue Ridge Haven West, Balance due M. Duane Mills, Professional services Bell of Pa., Final telephone bill Pa. Power & Light Co., Final electric bill Patriot-News Co., Advertising Letters Testamentary Lucy Evans, Services provided Daniel G. Wise during 1977 and 1978 Register of Wills, Payment on account of Pa. Inheritance Tax $ 19,000.00 Less: Discount, 5% 950.00 Register of Wills, Filing inventories and statement of debts and deductions Pa. Dept. of Revenue, 1978 Individual Income Tax Register of Wills, Balance of PA Inheritance Tax Internal Revenue Service, Federal Estate Tax Ball and Skelly, Es~., Professional serv~ces l,&ER 94 fMuC ':1J8 3 Loss 0.00 349.79 $ 65.00 10.00 10.00 65.00 450.00 18.00 30.00 10.00 1,696.00 4.83 1,057.95 100.00 32.71 33.70 20.25 5,000.00 18,050.00 9.00 84.34 261. 31 3,592.03 4,175.00 6-29-79 National Central Bank, Executor's fee 6-29-79 Estimated cost of filing final account and final administra- tion costs TOTAL PRINCIPAL DISBURSEMENTS PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES Arthur Joseph Wise Personal Property 1975 Chevrolet Automobile TOTAL PRINCIPAL DISTRIBUTIONS PRINCIPAL INVESTMENTS 11-29-78 $22,000 U. S. Treasury Bills, due 5/31179 5-31-79 $ 2,000 U. S. Treasury Bills, due 11/29179 INCOME RECEIPTS Allied Chemical Corp., Common 12- 8-78 Dividend on 316 shs. 3- 9-79 Dividend on 316 shs. 6- 8-79 Dividend on 316 shs. $ 158.00 158.00 158.00 Duquesne Light Co., Common 1- 1-79 Dividend on 2,000 shs. 4- 1-79 Dividend on 2,000 shs. 7- 1-79 Dividend on 2,000 shs. 860.00 860.00 860.00 General Telephone & Electronics Corp. 1- 1-79 Dividend on 200 shs. 4- 1-79 Dividend on 200 shs. 7- 1-79 Dividend on 200 shs. 124.00 124.00 124.00 B. F. Goodrich & Co., Common 12-30-78 3-31-79 6-30-79 Dividend on 200 shs. Dividend on 200 shs. Dividend on 200 shs. 66.00 72 .00 72.00 Manufacturers Hanover Corp., Common 1-25-79 Dividend on 480 shs. 4-25-79 Dividend on 480 shs. 7-25-79 Dividend on 480 shs. 273.60 273.60 273.60 Penna. Power & Light Co. , Common 1- 1-79 Dividend on 1,000 shs. 4- 1-79 Dividend on 1,000 shs. 7- 1-79 Dividend on 1,000 shs. 480.00 510.00 510.00 4 l,'v"t 0 c, ~ .'. r 1 '~.t f\ ",i':! tf<.Vl. .~- V::, 6,424.00 300.00 $ 41,499.12 $ 490.00 1,600.00 $ 2,090.00 20,963.42 1,905.36 $ 474.00 2,580.00 372.00 210.00 820.80 1,500.00 Union Pacific Corp., Common 1- 2-79 Dividend on 400 shs. 4- 2-79 Dividend on 400 shs. 7- 2-79 Dividend on 400 shs. 230.00 230.00 230.00 690.00 $10,000 Ontario, Province of, Canada 8.20% due 6/15/82 12-15-78 Interest, 10/29/78 - 12/15/78 6-15-79 106.71 410.00 516.71 Harris Savings Assn. Account #1-51753 11-20-78 Interest 1.18 Harris Savings Assn. Account #1-09-115590 11-20-78 Interest 67.42 U. S. Treasury Bills 1- 9-79 1-30-79 5-31-79 $ 2,000 18,000 2,000 11-29-78 - 11-29-78 - 11-29-78 - 1- 9-79 1-30-79 5-31-79 19.93 281. 83 94.23 395.99 $ 7,628.10 TOTAL INCOME RECEIPTS INCOME DISBURSEMENTS Internal Revenue Service Fiduciary Income Tax, 7/31/79 Pennsylvania Department of Revenue Fiduciary Income Tax, 7/31/79 National Central Bank Income Commission TOTAL INCOME DISBURSEMENTS $ 1,522.91 182.49 381.40 $ 2,086.80 STATE OF PENNSYLVANIA COUNTY OF DAUPHIN ) ) EXECUTOR ~cer SS Personally appeared before me, a Notary Public in and for said State and County, Raymond T. Cameron, a Vice President and Trust Officer of National Central Bank, who being duly sworn by me, accord- ing to law, deposes and says that the foregoing account is true and correct to the best of his knowledge and belief and that no persons claiming to be interested in the said Estate as creditor, legatee, next of kin, or otherwise, has given notice of his claim in writing to the deponents, or to Ball and Skelly, its attorneys, in writing. ~cer ic Executor of the Estate of Daniel Gerald Wise, Deceased 5 l;~tR 94 f,..;;[ -!l"~U ..". l.hi.a. ;j 8' ./977- ..' Account Coatfrmea absoJut.ty and distribution 4ecf'e.. In accordance with pro.GSed sched. tllie of gi 'ibutIO"h~;; ~1 /-Sf Court t.. 1-. . '" f?j, til ' ~ fJ~ >-'j>xj HH >t ~ gfj; gj ~>-'j ~ b .~ ~ 0 > ~ ~ >xj Rs oS-'1:l E:5 H "- t'l t'l ~ Z . t'l ~ t"' >-'j>xj o z ~ c: r-- M' !t> z ~ t'l ~~ ~ CO) r-- .Q~ t'l = t'l 0" ~ CJ:l (1" t:I 0 0 ~ tt! 1'( 'Q< >xj ~g t..P .. 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