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HomeMy WebLinkAbout12-09-94 (2) IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY PENNSYLVANIA ORPHAN'S COURT DIVISION NO. 550 OF 1978 ESTATE OF KARl MICHELLE MORRISON. A MINOR DECREE DATED: OCTOBER 3,1978 FIRST AND FINAL ACCOUNT OF FARMERS TRUST COMPANY, GUARDIAN STATED FROM OcrOBER 3,1978 TO DECEMBER 9,1994 Summary and Index Pages Principal Receipts Net Gain on Conversions 2-3 3 Less Distributions to Beneficiaries 4 50,113.05 24.709.97 74,823.02 411.00 74,412.02 4.777.21 Less Disbursements 4 Principal Balance Remaining 69,634.81 Income Receipts Less Disbursements 4 5 Less Distributions to Beneficiaries 5 46,001.84 42.105.66 3,896.18 3.082.93 Income Balance Remaining 813.25 Combined Balance Remaining $70.448.06 Cash Cash 5-3-79 11-12-79 12-5-79 5 -8-80 11-6-80 5-8-81 11-10-81 4-1-82 7-9-82 10-25-82 3-14-83 6-14-83 9-16-83 11-30-83 12-23-83 4-30-84 6-18-84 9- 24-84 5-30-85 9-16-86 12-31-87 12-31-88 12-31-89 12-31-90 Composition of Net Balances Principal $69.634.81 Income $ 813.25 Principal Receipts 15,483.26 Estate of Shirley Maxine Shatto Morrison $500 par Great Hope Baptist Church First Mtg. 8% due 11-1-83 Transferred from Income Estate of Shirley Maxine Shatto Morrison Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income 684.28 653.48 20.25 612.60 509.71 562.28 743.14 679.40 367.25 435.72 756.52 345.35 500.45 560.87 517.48 440.77 390.09 572.07 1,121.80 4,007.13 1,858.34 3,691.27 1,502.99 4,070.98 2 12-31-91 12-31-92 12-31-93 3-31-94 9-30-94 Principal Receipts Cont. Transferred from Income Transferred from Income Transferred from Income Transferred from Income Transferred from Income Total Principal Receipts 11-3-83 4-11-89 10-13-93 10-11-94 Totals Principal Conversions Into Cash $500 par Great Hope Baptist Church 8% due 11-1-83 Proceeds Account Value 28 units Collective Fund A Proceeds Account Value 250 units Collective Fund A Proceeds Account Value 3041 units Collective Fund A Proceeds Account Value Net Gain on Conversions . 500.00 684.28 507.14 305.47 5,679.64 2.727.40 65,101.30 43.360.96 3 Gain 201.67 2,952.24 21.740.34 24,894.25 3,327.37 2,202.58 1,321.58 813.01 1.361.03 $50.113.05 Loss 184.28 184.28 $24.709.97 3-31-82 4-6-87 3-23-89 8-16-93 9-21-93 6-24-94 10-3-94 11-3-83 5-16-86 6-7-90 8-18-94 Principal Disbursements P A Department of Revenue, tax due P A 40 P A Department of Revenue, tax due P A 40 ReselVed: Saidis, Guido & Masland Closing and Filing Costs Total Principal Disbursements Principal Distributions to Beneficiaries Master Card, reimburse Charlene Y. Morrison for Space Camp Educational Opportunities, Israel travel expenses Acceso America, travel insurance Farmers Trust Co. Master Card, reimburse Charlene Morrison CPA Administrators, trip insurance Panterra Education & Cultural Programs Farmers Trust Co., replace returned Refund check Panterra Education & Cultural Programs Farmers Trust Co., selVice fee on returned Panterra Education & Cultural Program check Total Principal Distribution Income Receipts Interest, Great Hope Baptist Church 8% due 11-1-83 P A Department of Revenue, 1985 P A 40 tax refund P A Department of Revenue, 1989 P A 40 tax refund Panterra Educational & Cultural Program, refund Interest, Mortgage Participations 5-3-79 to 6-2-80 Interest, Collective Fund A 9-6-79 to 10-7-94 Interest, Fed Fund 5-6-82 to 11-2-94 Total Income Receipts 4 34.00 2.00 225.00 150.00 $411.00 490.00 1,192.00 135.00 612.91 151.00 1,090.65 1,090.65 15.00 $4.777.21 553.43 10.00 80.00 1,090.65 1,129.97 41,690.96 1.446.83 $46.001.84 4-11-80 4-14-81 4-14-82 4-13-84 4-15-85 4-13-88 4-13-92 4-8-94 4-26-89 5-24-89 3-15-90 7-16-90 12-20-90 1-23-91 8-27-91 3-30-93 5-12-93 7-27-93 8-16-93 1-28-94 Income Disbursements P A Department of Revenue, tax due P A 40 P A Department of Revenue, tax due P A 40 P A Department of Revenue, tax due P A 40 P A Department of Revenue, tax due P A 40 P A Department of Revenue, tax due P A 40 P A Department of Revenue, tax due P A 40 P A Department of Revenue, tax due P A 40 Internal Revenue Service, tax due Form 1040 Internal Revenue Service, tax due Form 1040 P A Department of Revenue, tax due P A 40 P A Department of Revenue, quarterly estimates 4-13-84 to 9-15-94 Internal Revenue Service, quarterly estimates 4-15-92 to 9-15-94 Transferred to Principal 11-12-79 to 9-30-94 Tax preparation fees 4-16-82 to 11-25-94 Farmers Trust Co., trustee fees 47.00 30.00 34.00 47.00 7.00 3.00 81.00 551.00 425.00 68.00 619.00 Total Income Disbursements 1,316.00 33,925.26 690.00 4.262.40 $42,105.66 Income Distribution for Beneficiary Charlene Morrison, reimburse for Trindle Travel expense Charlene Morrison, reimburse for Space Camp expense Messiah College, Drama Camp deposit Messiah College, Drama Camp registration Charlene Morrison, reimburse for clothing and shoes Charlene Morrison, reimburse for Space Camp registration Master Card, payment Space Camp Cumberland Valley School District, Wallops Island trip Educational Opportunities, deposit for trip to Holy Land Tele Trip Co., Inc., whale trip The Whale Camp, marine biology camp The Whale Camp, transportation Prothonotary of Cumberland County Passport Services, passport fee Pastor David Reed, transportation to/from JFK Airport 228. 00 77.50 50.00 166.00 34.08 545.00 318.00 125.00 200.00 47.50 1,115.00 80.00 10.00 30.00 56.85 Total Income Distribution $3,082.93 5 Farmers Trust Company, Guardian Kari Michelle Morrison COMMONWEALTH OF PENNSYLVANIA: COUNTY OF CUMBERLAND: Jane F. Burke, Vice President and Trust Officer Farmers Trust Company, being duly sworn, deposes and says that the foregoing Account, both as to the items of charge and discharge, is just and true to the best of her knowledge and belief. Jan F. Burke, Senior Vice President and Trust Officer Sworl}...,and subscribed to before me this "6 day of December, 1994. J ~^" a. J/iXJTdiiJ.. Notarv Public "' ---I Sh::;,r;r :\. ~" ", .\::.: I VJest fJlTi. i' ' .: .... " i '" _ i ;:~()~;~~n~~,;",~,~,;j~;~:.:=-:;~.~),~,:j"n;'sJ n :T1~ ~ 5f~ ~e ~UJ9j ~~tJJ 2. PJ ~ C3 ~ V-J ~ - - , =r -, 1."0 (.1 ::;' ~r j Q ;t; ~. ~ Q =~ ~(! ~~~ t>:l 0. ~ \U t-j 0. t>:l .... -3'... '1':' 0 -'ell ? ::J l'D -. < ::J l'D ... .., l'D-< .., 0 ... =r l'D .., f,J'; (: ,', ~, (') 0. C) )> ~. ;:~ :"~ c:. ..., ,,," ~~ C"> ~ _ o - ..... r..t c:?J.'C(1~ ~ 9' ~ ~l :l I" ':) ::r (e, () Ol ~S:.~. (f) 0.. :3- Sil r~ '.,) !!l::JgSl..;,c a~CD'''S:: CD::J::J::r<i:,::J" ell 0 III ('(l VI ~ <e. 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