The URL can be used to link to this page

Home My WebLink About03-23-06 COURT OF COMMON PLEAS OF CUMBERLAND COUNTY PENNSYLVANIA ORPHANS' COURT DIVISION No. 21-05-0459 Estate of LAURENCE C. WESTCOTT, Deceased Late of West Pennsboro Township FIRST AND FINAL ACCOUNT OF MANUFACTURERS AND TRADERS TRUST COMPANY, ADMINISTRATOR CTA Date of Death: Letters Granted: First Complete Advertisement of Grant of Letters: Account Stated to March 27, 2005 June 1, 2005 July 1, 2005 March 8, 2006 SUMMARY & INDEX Paoes PRINCIPAL Receipts Net Gain on Conversions 2 2 1,463,178.82 174.28 1,463,353.10 100,421.90 1,362,931.20 609,230.65 Less Disbursements 3 Less Distributions to Beneficiaries 3 Principal Balance Remaining INCOME Receipts Less Disbursements 4 5 18,095.40 840.25 17,255.15 9,309.23 Less Distributions to Beneficiaries 5 Income Balance Remaining COMBINED BALANCE REMAINING 753,700.55 7,945.92 $ 761,646.47 ~ '.". '1 ~""".) c...:; c.,.) o -...J COMPOSITION OF NET BALANCES Principal 25234.051 shs. Fidelity Spartan Muni Income Fund 28667.292 shs. Fidelity Spartan PA Muni Income Fund Money Market Fund Income Money Market Fund PRINCIPAL RECEIPTS I nventorv Filed Per Copy of PA Inheritance Tax Return Subseauent Receiots: 205.202 shs. T. Rowe Price Tax Free Income Fund #45 Reinvested Dividends 571.829 shs. Fidelity Spartan Muni Income Fund Reinvested Dividends 615.773 shs. Fidelity Spartan PA Municipal Income Fund Reinvested Dividends 12/19/05 Long Term Capital Gain Fidelity Spartan Muni Income Fund Long Term Capital Gain Fidelity Spartan Muni Income Fund 02/06/06 Long Term Capital Gain Fidelity Spartan Muni Income Fund Total Principal Receipts PRINCIPAL CONVERSIONS INTO CASH Market Value March 10, 2006 Cost Basis 321,734.15 321,745.46 308,173.39 308,470.19 123,484.90 123,484.90 $ 753,392.44 $ 753,700.55 $ 7,945.92 $ 7,945.92 1,448,500.00 2,065.91 3,479.49 3,129.41 3,406.61 2,092.71 504.69 14,678.82 $ 1,463,178.82 07/20/05 318 shs. Barrick Gold Corp Proceeds I nventoried at 7,536.28 7,530.48 08/03/05 5 shs. PA Insured Muni #05 Proceeds I nventoried at 371.95 407.40 03/10/06 11661.173 shs. T. Rowe Price Tax-Free Income Fund Proceeds 116,261 .89 Inventoried at 116,057.96 Totals Net Gain on Conversions -2- Gain Loss 5.80 35.45 203.93 209.73 35.45 $ 174.28 06/02/05 06/03/05 06/06/05 06/07/05 06/10/05 06/13/05 06/29/05 07/06/05 08/12/05 08/22/05 09/12/05 09/13/05 09/21/05 10/27/05 12/23/05 PRINCIPAL DISBURSEMENTS Register of Wills, Letters of Administration CT A Register of Wills, Short Certificates Cumberland Law Journal, advertising Letters of Administration CTA Neighborcare Pharmacy Services, Inc., balance due Vascular Associates, medical expense Yellow Breeches EMS, Inc., service 2/8/05 West Shore EMS-BLS, service 3/7/05 West Shore EMS-BLS, service 3/18/05 Guistwite Family Practice, medical service PPL, utility service Sprint, telephone service Register of Wills, Short Certificates The Sentinel, advertising Letters of Administration CT A Lancaster HMA Physician Management Center, medical expense Lancaster HMA Physician Management Center, medical expense Eby Granite Works, monument and engraving Smith Elliott Kearns & Co., LLC, tax preparation fee 2004 Personal Tax Returns Carlisle Regional Medical Center, medical service Healthdrive Eye Care Group Register of Wills, PA Inheritance Tax Register of Wills, filing fee Reserved: Roger M. Morgenthal, Esq., attorney fee Manufacturers and Traders Trust Company, executor's fee Closing and Filing Costs Total Principal Disbursements 06/09/05 06/20/05 07/08/05 08/03/05 08/22/05 09/02/05 PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES Camilla Westcott William W. Westcott Neil W. Cayey Big Spring Presbyterian Church Diane C. Anderson Nancy Oshier Vicki Cayey Ayers Mary Ellen McGregor Chasm Falls Methodist Cemetery Association Vicki Westcott MacDonald Ricky Westcott Margarette J. Lyon William W. Westcott, Allstate Life & Annuity Contract GA272469 Camilla R. Westcott, Nationwide Life & Annuity Ins. Co. Contract 071070434 Total Principal Distributions -3- 645.00 40.00 75.00 93.66 20.66 56.66 63.00 55.52 12.27 57.00 38.92 40.00 129.77 9.30 19.19 1,294.00 225.00 182.40 24.70 49,457.85 15.00 15,289.00 30,578.00 2,000.00 $ 100,421.90 5,000.00 5,000.00 1,000.00 5,000.00 1,000.00 1,000.00 1,000.00 3,000.00 5,000.00 1,000.00 1,000.00 1,000.00 301,465.84 277,764.81 $ 609,230.65 PRINCIPAL CAPITAL CHANGES Fidelitv Spartan Muni Income Fund #37 24662.222 shs. Inventoried at 571.829 shs. Dividend Reinvestment 25234.051 318,265.97 3,479.49 $ 321,745.46 305,340.78 3,129.41 $ 308,470.19 112,318.98 2,065.91 114,384.89 404.46 114,789.35 450.14 115,239.49 393.98 115,633.4 7 424.49 116,057.96 116,057.96 $ .00 2.39 29.73 47.90 1,138.39 415.67 555.35 510.73 440.42 1,148.37 1,056.22 389.66 1,039.43 1,099.13 404.46 378.51 1,039.88 450. 14 1 ,139.67 1,058.97 393.98 1,141.71 940.50 1,015.00 424.49 1,834.70 $ 18,095.40 Fidelitv Spartan PA Municipal Income Fund 28051.519 shs. Inventoried at 615.773 shs. Dividend Reinvestment 28667.292 shs. T. Rowe Price Tax-Free Income Fund 11288.34 shs. Inventoried at 205.202 shs. Dividend Reinvestment 11493.542 shs. 12/01/05 40.731 shs. Purchased 11534.273 01/03/06 45.059 shs. Purchased 11579.332 02/01/06 39.477 shs. Purchased 11618.809 03/01/06 42.364 shs. Purchased 11661.173shs. 03/10/06 11661.173 shs. Sold o 06/13/05 06/23/05 06/30/05 08/02/05 09/01/05 10/03/05 11/01/05 12/01/05 12/19/05 01/03/06 02/01/06 03/01/06 INCOME RECEIPTS Interest, M&T Bank Checking Account 2670019146 Dividend, Barrick Gold Corp. Dividend, PA Insured Muni #05 Interest, Certificate of Deposit MBNA 40-375549-3 Dividend, T. Rowe Price Tax Free Income Fund Dividend, Fidelity Spartan Muni Income Fund Dividend, Fidelity Spartan PA Muni Income Fund Dividend, T. Rowe Price Tax Free Income Fund Dividend, Fidelity Spartan Muni Income Fund Dividend, Fidelity Spartan PA Muni Income Fund Dividend, T. Rowe Price Tax Free Income Fund Dividend, Fidelity Spartan PA Muni Income Fund Dividend, Fidelity Spartan Muni Income Fund Dividend, T. Rowe Price Tax Free Income Fund Short Term Capital Gain Fidelity Spartan Muni Income Fund Dividend, Fidelity Spartan PA Muni Income Fund Dividend, T. Rowe Price Tax Free Income Fund Dividend, Fidelity Spartan Muni Income Fund Dividend, Fidelity Spartan PA Muni Income Fund Dividend, T. Rowe Price Tax Free Income Fund Dividend, Fidelity Spartan Muni Income Fund Dividend, Fidelity Spartan PA Muni Income Fund Dividend, Fidelity Spartan Muni Income Fund Dividend, T. Rowe Price Tax Free Income Fund Dividends, Money Market Fund 6-9-05 to 3-1-06 Total Income Receipts -4- . INCOME DISBURSEMENTS Manufacturers and Traders Trust Co., income fees 7-15-05 to 2-15-06 $ 840.25 INCOME DISTRIBUTIONS TO BENEFICIARIES 12/30/05 William W. Westcott $ 9,309.23 MANUFACTURERS AND TRADERS TRUST COMPANY ADMINISTRATOR CTA LAURENCE C. WESTCOTT a.~~ Ja F. Burke, Vice President COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND Jane F. Burke, Vice President, Manufacturers and Traders Trust Company, Executor being duly sworn, depose and say that the foregoing Account, both as to the items of charge and discharge, are just and true to the best of her knowledge and belief. MANUFACTURERS AND TRADERS TRUST COMPANY ADMINISTRATO CTA LAURENCE C. WESTCOTT Jan Sworn to ~nd Subscribed before me this ~tvt1-ctay of March, 2006. Public COMMONWEALTH OF PENNSYLVANIA Notarial Seal Gwendolyn E. Killian, Notary Public Carlisle Boro, Cumberland County My Commission Expires Nov. 22, 2008 Member Pennsvlvania Association Of Notaries -5- . IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY PENNSYLVANIA ORPHANS' COURT DIVISION IN THE ESTATE OF LAURENCE C. WESTCOTT LATE OF WEST PENNSBORO TOWNSHIP SCHEDULE OF PROPOSED DISTRIBUTION Balance for distribution as per First and Final Account, Filed March 24, 2006 $ 761,646.47 Distribution Market Value March 10, 2006 Cost Basis Manufacturers and Traders Trust Co. Trustee ulWill Laurence C. Westcott FBO William W. Westcott 25234.051 shs. Fidelity Spartan Muni Income Fund 28667.292 shs. Fidelity Spartan PA Muni Income Fund Principal Money Market Fund Income Money Market Fund 321,734.15 321,745.46 308,173.39 308,470.19 123,484.90 123,484.90 7,945.92 7,945.92 $ 761,338.36 $ 761,646.47 STATEMENT OF THE REASONS FOR THE PROPOSED DISTRIBUTION The above distribution is proposed in accordance with the terms of the Last Will and Testament of Laurence C. Westcott, late of West Pennsboro Township, Cumberland County, Pennsylvania. J8~~u~;~ent COMMONWEALTH OF PENNSYLVANIA : COUNTY OF CUMBERLAND Jane F. Burke, being duly sworn according to law, deposes and says that she is Vice President of Manufacturers and Traders Trust Company, the Account in the Estate above named, and that the facts set forth in the Statement of the Reasons for the Proposed Distribution are true and correct. SWOilfl tOJ..nd Subscribed before me this !2 day of March, 2006 COMMONWEALTh OF PENNSYLVANIA Notarial Seal Gwendolyn E. Killian, Notary Public Carlisle Bore, Cumberland County My Commission Expires Nov. 22, 2008 Member Pennsvl ~ Association Of Notaries ~rS ~~ i ~.. ~~ Q~ ~ ~ -.- -- ----. ----- ---- - ~ d d C">~<1>>sjt"'~~~~g ~ ~ ~ o 0r-\~H d ~ c::l ~ ~ <; \l>:' ~ t:P I"l (JQ ~ ~ >sjt:l~ t-'ll-> ~t-'l ('0 0 ~ ~ ';l>" c::l 0 t"1 .... rl C"> t"' ~..... 0 b <1>~ r' ~ ~ '$. d . ~ t"1 \::l .c >sj V' ~ ~ ~ '" \ C"> \::l C"l ~ ~ ~t"1~>sjtJlt"'OO 0 ~ ~ :3:\d ....,.,\l>:~c::lC">~ ~ ....<1>'""'~ c::lV'~~O rl ';0 ~ ~~I"d~\.O ~ (JQ G') . . .... ~ 0 '" ~ t:l tj ~ . . tJ) I"d P r-\ I"d '$. H O~p ~ ..c.... ~ c;. ~ ~ ~ <1>C">~ .... t"1 ~ rl t-'l~'@goC"> ~~~ ~ rl g- O d rl . .- g. ..., t:l~O.c ~~O ~ N ~r-\HH~ t/l~ tp N -i ~~~\l>:O<1> ..4 ~ j::- ... \>>~~~~'3 ~ ~. N ~~ <&'A ~ rl N 0 ('0 0 0 tJ) H ~. H r-\ ,0 V' H r-\ "d'" ';P" C1' ~ d l l' l ~ ~ l l \ l ~ .-'~' - -.--- i~\i\\~tl " ~l~Oi\:>~i !l i~ ,1, l~\ 9.1.. wI! \'-I\\li \i\\\i\1\\ l ~i\ !St.' 1\\\ ~ \!Slli;~~ '\ It\~(,.~! \ f.l ~ o.\i \ ; 1 g &llg. of<<~O ~ ~ia. ~o..i'': 6 . -a3 l'gto~ g -o~, - << "" :r5~!g.~~~; ~, i 2 ~ 10 0 i (It. ~ OCDc;-=2no~~(I) ....fa-=' i~~hcr :)".~\ ~ o~ (D5'o go ~4~ '~ois;!.~ 9..~a g'i-.z J\\\ii~~t i l. ii~~ ~\ ~ IS 6. \. 1Ii \I~ \io'2:( ,g ~ ~ cdi 1~ 'g: ~ ! 1;! g · 9- '50%~tS45..g. " 1:, CD ~. ;! lD \ CD g. '3 - (l') c.'D 0 ~ ~ll!"O::o:to 5' _ ':1~OaSC'fr.c ~ CD 0 ~ ';::! -'" ~-'" ..... c c: ; Q) i .. . t:=: 0.... ~".&) :J 'C - Q) C . ::~o~io.ca~ -.= -a 0 CD > % E.m !!!~ji!1 8BjfJ >~. ~s J!~!i i-8~!li~b j~Jjl5J-illl ~i~iijili ~ ~ -~8 me ~ ig m ~glz=i. ~~..... >- 0 ~ ~! .e .S: ! .0 H ti c j c: 1;} '- '~ ecli8~~~dlO ~ ~ .!! .c ~ :0 ~ g i 'a3 - -6 ~ ~ 0 Q) .:.: .5 .r:: - B ti :~~O<D i- ~ 5. ii:Qi:IEji~ c O<DJlS ~5 .~ en:; i >- 8 .- iil;%i~: 1 '5C:!~I~~i -g Dg~15 I 1 ~ t i Iii I ~ ~i 1I1II:II!1 fii~li fl~" ~i~8:& s21il J!~CD€. 'SlIEu _0::::5 ~ i.c~< "d u aJ ~ Z 0 < ., Po< HH \0 H H 'M HCJ) 1J') 0 ~ H..c: pp 0 0 o CJ) ~~ 0 N aJ :> U&~HH N l-l H H Z~ < 'M >-' CJ)O<HCJ)H c, -.::t ;:j J:%.lCJ) ~H CJ)~U I'-. N 0"' OZZ ~ HH~ N CJ) ZO OZ~~~ ..c: -- ~ CJ)~H . l-l P 0 ..c: u <~CJ) UOO~ H u l-l ~ H ..cU~H~ l-l cU r--i H ,,:> ~ CI) U CJ) cU ~ cO ~>-'H UC<O~H ~ ..c: H~ ZC P-lZCJ) .w ZZ ~aJHO<H C OPHO\~~<~ Z 0 aJ ~O~1J')P Z~CJ)H ::c: Z bO Up-.::t<.wH ~~ H H l-l o OOHCJ)J:%.lJ:%.l~~ < H 0 U~U! aJ O~ ~ H ~ Z 1J')~~~ P ~ ~ ~<.. 00 Z~H r. OHCJ); ~<HU>-' ~ ~ ~ P:::~...-l~O P<~ 0 0 H~ NH H~~ l-l ~~ <aJCJ)~P~ ~ ~ aJ PS~ 'H.w~::cZ~ H H bO o ~OCJ)cUHU~O < < 0 UUOZ~H~CJ) U ~ ~ ~ ~ 11jl ~...... "0 I.... " III " . ~ c:4DJ: ~ .2~:1J - Q.. ~O. &;j~~ - Q.. ... .I:- ~=c:~ " - 0 i}"- q ~;= ~" :J C.~ . .U-;: r I C_ ~.CIO tI'.~;:;4 A.. 0 S ,- _ja ! '0 ~ ~ .!~ a - - - ,- ~ ~ ~ ~ ~ ~5 ~= ~~ B~ = ~