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"
COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
No. of
ESTATE OF LESTER G. BIXLER, JR., DECEASED
LATE OF LOWER ALLEN TOWNSHIP
FIRST AND FINAL ACCOUNT OF THE
COMMONWEALTH NATIONAL BANK
AND
SUELLYN BIXLER YOHE
CO-EXECUTORS
DATE OF DEATH: November 13, 1978 WILL NO: 21-78-668
LETTERS GRANTED: December 11, 1978
FIRST COMPLETE ADVERTISEMENT OF GRANT OF LETTERS: The Patriot -
December 12 & 26/1978, January 2/1979; Cumberland Law
Journal - December 22 & 29/1979, January 5/1979
ACCOUNT STATED TO: June 30, 1980
PRINCIPAL
SUMMARY & INDEX
PAGES
Receipts
Net Gain on Conversions
Adjusted Balance
Less Disbursements
Balance Before Distributions
Distributions to Beneficiaries
Investments
Capital Changes
Principal Balance Remaining
$178,548.24
1,468.43
180,016.67
102,999.67
77,017.00
8,850.00
$ 68,167.00
INCOME
Receipts
Less Disbursements
Balance Before Distribution
Distribution to Beneficiaries
Income Balance Remaining
Combined Balance Remaining
$ 3,743.50
239.99
3,503.51
$ 3,503.51
$ 71,670.51
lI~[R 96 f,~CE 72..1
'.
COMPOSITION OF NET BALANCES
TOTAL PRINCIPAL
Book Market
Value Value
$ 2,500.00 $ 2,500.00
65,667.00 65,667.00
$ 68,167.00 $ 68,167.00
PRINCIPAL
5,000 shs Sun & Splash Health Club, Inc.
25% Interest in RBML Farms, joint venture
INCOME
Cash
3,503.51
3,503.51
TOTAL INCOME
TOTAL PRINCIPAL AND INCOME
3,503.51
$ 71,670.51
3,503.51
$ 71,670.51
USER 96 PflCE 725
2
'.
PRINCIPAL RECEIPTS
Per copy of Inventory attached
$158,881. 65
Less: NML Insurance Policies
Items 17 and 18 not probate assets
-1,799.15
Subsequent Receipts:
8/9/79 Transfer from Lester G. Bixler Trust Account
#12797-00-7 advance to cover administraiton
expenses
6/ /80 Transfer form Lester G. Bixler Trust Account
#12797-00-7 advance to cover administration
expenses
TOTAL PRINCIPAL RECEIPTS
CONVERSIONS INTO CASH
Gain
1/17/79 100 shares Texaco, Inc. common
proceeds $2,391.91
account value 2,312.50
$
79.41
1/17/79 250 shares United Guaranty Corp., common
proceeds $5,294.50
account value 3,937.50 1,357.00
1/17/79 100 shares American Telephone &
Telegraph Co., common
proceeds $6,059.34
account value 6,037.50 21.84
1/18/79 209 shares Government Services Savings
& Loan, Guaranty
account value $1,828.75
proceeds 1,796.71
1/18/79 50 shares Goodyear Tire & Rubber Co.
common
proceeds $842.22
account value 800.00
NET GAIN AS SHOWN ON SUMMARY PAGE
42.22
1,500.47
$ 1,500.47
UBER 96 fACE 726
3
157,082.50
2,500.00
18,965.74
$178,548.24
Loss
32.04
32.04
1,468.43
$ 1,500.47
PRINCIPAL DISBURSEMENTS
12/5/78 Cumberland Law Journal - legal advertising
12/6/78 Cumberland County Register of Wills - probate
costs and fifteen short certificates
12/12/78 Suellyn Bixler - bills paid on behalf of
decedent
12/12/78 Internal Revenue Service - late payment,
penalty and interest on 1976 return
12/18/78 Cumberland County Register of Wills - cost of
certified copy of Will
12/26/78 Pennsylvania Department of Transportation -
title and transfer fee on 1978 Ford Bronco
12/27/78 Harry M. Wimer - appraisal of personal
property
1/4/79 Stuard Derrick Real Estate Inc. - appraisal
of 5021 Woodbox Lane, Mechanicsburg
1/10/79 The Patriot News, Co. - legal advertising
2/6/79 Clyde B. Coble, Funeral Director - funeral
expenses
2/6/79 Pierson K. Miler, Inc. - appraisal fee
2/12/79 Suellyn Bixler - reimbursement for bills
paid on behalf of decedent
2/20/79 Cumberland County Register of Wills -
payment on account of Pennsylvania Inheritance Tax
3/27/79 Thomas Jefferson University - final balance
of pledge to Sesquicentennial Fund
5/14/79 Internal Revenue Service - 1979 U. S. Individual
Income Tax
5/14/79 Pennsylvania Department of Revenue - 1978
State Individual Income Tax
1I8ER 96 F,~G[ 727
4
$ 18.00
82.00
323.10
7.30
4.50
9.00
30.00
160.00
51. 78
2,129.00
150.00
1,243.85
7,600.00
600.00
1,289.00
732.00
Principal Disbursements (continued)
5/24/79 Keefer, Wood, Allen and Rahal Escrow Account -
share of final settlement Sprenkle vs. Davis
et al Litigation Claim
5/24/79 Transfer to account #13883-00-4 Richard E.
Baer E/W - reimbursement cost of one short
certificate
7/11/79 Gingrich Memorials of Mechanicsburg - Barre
Granite Monument
7/24/79 Stockton, Bates & Company - preparation of
1978 tax return and conference on estate
tax
7/30/79 Suellyn Bixler - reimbursement for 1978
contribution paid in behalf of Estate1s
interest in RBML joint venture
8/7/79 Joseph McGraw, Inc. - appraisal on partnership
and RBML Farms joint venture
8/13/79 Cumberland County Register of Wills - cost for
filing Statement of Debts and Deductions
8/13/79 Cumberland County Register of Wills - balance
account of Pennsylvania Inheritance Tax
8/13/79 Internal Revenue Service - Federal Estate Tax
2/15/80 1978 Pennsylvania Fiduciary Income Tax
2/28/80 Cumberland County Register of Wills - cost of
filing inventory
Reserves:
Suellyn Bixler Yohe - family exemption
Suellyn Bixler Yohe - reimbursement of 1979
1/4 share expenses RBML joint venture
USER 96 P,~CE "28
5
100.00
1. 00
885.00
965.00
2,000.00
1,350.00
6.00
on
566.43
65,872.72
45.99
3.00
2,000.00
2,000.00
Principal Disbursements (continued)
Tax preparation re: Estate paid to accountant
Stockton Bates
William E. Miller, Attorney - counsel fee
Commonwealth National Bank - Co-executor's fee
Reserve for Closing Costs
PRINCIPAL DISTRIBUTION
4/19/79 The following items distributed to Suellyn
Bixler per First item of Will -
1977 Sears Gamefisher boat
1978 Ford Bronco
Gun collections
Gun Cabinet
1976 Yarborough boat trailer
TOTAL PRINCIPAL DISTRIBUTIONS
PRINCIPAL INVESTMENTS
12/27/78 500 units Commonwealth National Bank
Common Fund A-2
1/17/79 16,384 units Commonwealth National Bank
Common Fund A-2
3/23/79 63,517 units Commonwealth National Bank
Common Fund A-2
6/1/79 200 units Commonwealth National Bank
Common Fund A-2
LlBER 96 P,~CE -'29
6
'.
450.00
5,525.00
6,500.00
300.00
$102,999.67
$ 360.00
7,800.00
400.00
50.00
240.00
$ 8,850.00
$
500.00
16,384.00
63,517.00
200.00
'. .
Principal Investments
6/8/79 2,131 units Commonwealth National Bank
Common Fund A-2
8/24/79 1,459 units Commonwealth National Bank
Common Fund A-2
CONVERSIONS INTO CASH NO GAIN/LOSS
2/6/79 3,000 units Commonwealth National Bank
Common Fund A-2
2/14/79 7,000 units Commonwealth National Bank
Common Fund A-2
3/28/79 410 units Commonwealth National Bank
Common Fund A-2
5/18/79 1,985 units Commonwealth National Bank
Common Fund A-2
5/23/79 100 units Commonwealth National Bank
Common Fund A-2
7/9/79 885 units Commonwealth National Bank
Common Fund A-2
7/12/79 941 units Commonwealth National Bank
Common Fund A-2
7/23/79 965 units Commonwealth National Bank
Common Fund A-2
7/27/79 2,000 units Commonwealth National Bank
Common Fund A-2
8/3/79 1,350 units Commonwealth National Bank
Common Fund A-2
8/9/79 64,096 units Commonwealth National Bank
Common Fund A-2
2/21/80 60 units Commonwealth National Bank
Common Fund A-2
"','30
lIBtR .96 fACE
7
, .
2,131. 00
1,459.00
3,000.00
7,000.00
410.00
1,985.00
100.00
885.00
941. 00
965.00
2,000.00
1,350.00
64,096.00
60.00
INCOME RECEIPTS
12/22/78 Goodyear Tire & Rubber Co., common $
Dividend 16.25
1/8/79 United Guaranty Corp., common
Dividend 15.00
American Telephone & Telegraph Co. common
1/8/79 Dividend 115.00
Commonwealth National Bank Common Fund A-2
2/6/79 -
6/30/80 Earnings 3,597.25
TOTAL INCOME RECEIPTS $ 3,734.50
INCOME DISBURSEMENTS
2/15/80 Pennsylvania Fiduciary Tax $ 52.81
Reserve:
Commonwealth National Bank - Co-Executor's fee
5% on income earned 187.18
TOTAL INCOME DISBURSEMENTS $ 239.99
~~~'-b~~"-' ~_
- AND -
COMMONWEALTH NATIONAL BANK
By:
USER 96 P^CE "31
8
"
'.
COMMONWEALTH OF PENNSYLVANIA )
COUNTY OF CUMBERLAND )
We, Suellyn Bixler Yohe and Lois B. Copeland, Trust Officer of The
Commonwealth National Bank, accountants in the foregoing Account, being duly
sworn according to law, depose and say that the above Account is just and
true, both as to items of charge and discharge, and that the grant of letters
and the first complete advertisement thereof occurred more than four months
prior to the filing of the Account.
5;,-~'-J~~~ ~
- AND -
THE COMMONWEALTH NATIONAL BANK
By -~~ 'ff ~~~dJ
Vlf,:;;rt rJfficeY T'
Co-Executors of the Estate of
Lester G. Bixler
Sworn to and
this ,(/
A. D. 1980
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