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HomeMy WebLinkAbout97-0611 "r COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION TRUST UNDER AGREEMENT DATED 2/2/82, AMENDED 8/17/83, 2/29/88 and 9/27/95 with WILLIAM B. HAMMOND II ---------------------------------------------------- ---------------------------------------------------- SECOND AND PARTIAL ACCOUNT OF Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust Company, Trustee -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Date of Death: William B. Hammond II William B. Hammond III June 6, 1996 June 16, 2006 Date of Trustee's first receipt of funds: September 14, 1982 Accounting for the Period: July 15, 1997 to October 16, 2006 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Purpose of Account: Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust Company, Trustee, offers this account to acquaint interested parties with the transactions that have occurred during this administration. It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with: Manufacturers and Traders Trust Company Successor to Dauphin Deposit Bank and Trust One M&T Plaza Bldg 9 Buffalo, NY 14203 (716) 842-5581 Company ~ c::.:") ~::';-.:;;J 0.... or (") C::;;o c~ ~~1 ~ ;9 /' z c:> ...:;:: I W -'- C) 'I ~i-l (U) ;'TI Jean Seibert Wion, Zulli & Seibert 109 Locust Street Harrisburg, PA 17101 (71 7) 236-9301 ">("0 (~ ~:rl L_ :::0 --I :'0 _T:.:>> -u U1 .c- \ _ .'.~. 1"-."' SUMMARY OF ACCOUNT Trust under Agreement dated 2/2/82, amended 8/17/83, 2/29 William B. Hammond II For Period of 07/14/1997 through 10/16/2006 Proposed Distributions to Beneficiaries PRINCIPAL Receipts: Prior Account This Account Net Gain (or Loss) on Sales or Other Disposition Less Disbursements: General Disbursements Fees and Commissions Balance before Distributions Distributions to Beneficiaries Principal Balance on Hand For Information: Investments Made Changes in Investment Holdings INCOME Receipts: Prior Account This Account Net Gain (or Loss) on Sales or Other Disposition Less Disbursements Balance Before Distribution Distributions to Beneficiaries Income Balance on Hand For Information: Investments Made Changes in Investment Holdings COMBINED BALANCE ON HAND Page Current Value Fiduciary Acquisition Value 65-66 518,544.31 504,886.08 3 3-7 447,917.52 135,996.88 8-13 (23,842.18) 560,072.22 14-17 17-22 20,878.18 14,760.11 35,638.29 23 524,433.93 20,906.04 24 503,527.89 \ 25-29 30-38 39 39-52 29,122.09 144,173.67 0.00 173,295.76 53-59 22,997.27 60-63 150,298.49 148,940.30 64 1,358.19 504,886.08 2 09/19/97 12/10/97 12/10/97 03/23/98 03/26/98 RECEIPTS OF PRINCIPAL Assets as per First and Partial Accounting Adjudicated CASH: Capital Reserve Account STOCKS/LISTED: 1,000 shares Edison International 3,974.011 shares Marketvest Funds Inc. Equity Fund #590 33,763.084 shares Marketvest Funds Inc. Intermediate US Government Bond Fund #593 250 shares U.S.F.& G. Corporation SUBSEQUENT PRINCIPAL RECEIPTS: Received from William Hammond Estate - Reimbursement for Estate Expenses paid from Trust Marketvest Funds Inc. Equity Fund #590 - Long Term Capital Gains Distribution Marketvest Funds Inc. Equity Fund #590 - Short Term Capital Gains Distribution Bank Adjustment due to conversion of Funds Marketvest Funds Inc. Equity Fund #590 - Long Term Capital Gains Distribution 3 51,846.90 16,562.50 43,279.37 332,228.75 4,000.00 19,434.52 7,946.96 1,921.45 0.01 285.03 Fiduciary Acquisition Value 51,846.90 396,070.62 11/16/98 ARK Fds Value Equity Portfolio - Long Term Capital Gains Distribution 12/09/98 ARK Fds Blue Chip Equity Portfolio - Long Term Capital Gains Distribution 12/09/98 ARK Fds Blue Chip Equity Portfolio - Short Term Capital Gains Distribution 12/09/98 ARK Fds Value Equity Portfolio - Long Term Capital Gains Distribution 12/10/99 ARK Fds Blue Chip Equity Portfolio - Long Term Capital Gains Distribution 12/10/99 ARK Fds Intermediate Fixed Income Portfolio - Long Term Capital Gains Distribution 12/10/99 ARK Fds Value Equity Portfolio - Long Term Capital Gains Distribution 12/08/00 ARK Fds Blue Chip Equity Portfolio - Short Term Capital Gains Distribution 12/08/00 ARK Fds Blue Chip Equity Portfolio - Long Term Capital Gains Distribution 12/08/00 ARK Fds Capital Growth Portfolio - Short Term Capital Gains Distribution 12/08/00 ARK Fds Capital Growth Portfolio - Long Term Capital Gains Distribution 12/08/00 ARK Fds Mid Cap Portfolio - Long Term Capital Gains Distribution 12/08/00 ARK Fds Mid Cap Portfolio - Short Term Capital Gains Distribution 12/08/00 ARK Fds Value Equity Portfolio - Short Term Capital Gains Distribution 4 5,734.97 490.89 296.73 1,376.07 755.87 110.10 25,667.75 242.62 1,708.08 729.64 2,812.20 653.51 301.86 758.01 12/08/00 ARK Fds Value Equity Portfolio - Long Term Capital Gains Distribution 12/11/01 ARK Fds Equity Income Portfolio - Long Term Capital Gains Distribution 12/11/01 ARK Fds Income Portfolio - Long Term Capital Gains Distribution 12/11/01 ARK Fds Intermediate Fixed Income Portfolio - Long Term Capital Gains Distribution 12/11/01 ARK Fds Value Equity Portfolio - Long Term Capital Gains Distribution 12/31/01 Harbor International Fund #11 - Long Term Capital Gains Distribution 12/20/02 ARK Fds Value Equity Portfolio - Long Term Capital Gains Distribution 12/31/02 Harbor International Fund #11 - Long Term Capital Gains Distribution 11/21/03 MTB Income-Inst I Fund #143 - Long Term Capital Gains Distribution 11/21/03 MTB Intermediate Term Bond-Inst I Fund #220 - Long Term Capital Gains Distribution 12/31/03 Harbor International Fund #11 - Long Term Capital Gains Distribution 11/30/04 MTB Mid Cap Growth-Inst I Fund #401 - Long Term Capital Gains Distribution 11/30/04 MTB Equity Income Portfolio-Inst I Fund #43 - Long Term Capital Gains Distribution 11/30/04 MTB Income-Inst I Fund #143 - Long Term Capital Gains Distribution 5 12,294.27 51. 23 209.33 60.21 4,223.82 341.17 749.37 207.87 2,564.83 1,390.49 217 .16 344.61 615.60 1,013.31 12/16/04 MTB Large Cap Stock Inst I Fund #315 - Long Term Capital Gains Distribution 01/03/05 Harbor International Fund #11 - Long Term Capital Gains Distribution 05/09/05 Transferred from Income - For P&I Act Pwr to Adj Remit 06/09/05 Transferred from Income - For P&I Act Pwr to Adj Remit 07/11/05 Transferred from Income - For P&I Act Pwr to Adj Remit 08/09/05 Transferred from Income - For P&I Act Pwr to Adj Remit 09/09/05 Transferred from Income - For P&I Act Pwr to Adj Remit 10/11/05 Transferred from Income - For P&I Act Pwr to Adj Remit 11/09/05 Transferred from Income - For P&I Act Pwr to Adj Remit 11/29/05 MTB International Equity-Inst I Fund #270 - Long Term Capital Gains Distribution 11/29/05 MTB Large Cap Value-Inst I Fund #327 - Long Term Capital Gains Distribution 11/29/05 MTB Small Cap Stock-Inst I Fund #571 - Long Term Capital Gains Distribution 11/29/05 MTB Large Cap Stock Inst I Fund #315 - Long Term Capital Gains Distribution 12/07/05 Evergreen International Bond Fund -In - Long Term Capital Gains Distribution 12/09/05 Transferred from Income - For P&I Act Pwr to Adj Remit 12/15/05 The Boston Co. International Small Cap Fund - Long Term Capital Gains Distribution 6 9,723.61 61.29 843.98 639.87 816.87 312.94 418.40 785.25 331.33 5,845.05 1,671.90 3,894.94 4,734.24 20.25 730.66 982.47 12/16/05 CRM Mid Cap Value Fd-Instl #32 471.23 - Long Term Capital Gains Distribution 12/19/05 Thompson Plumb Growth Fund - 845.99 Long Term Capital Gains Distribution 12/28/05 Transferred from Income - For 1,309.66 P&I Act Pwr to Adj Remit 01/09/06 Transferred from Income - For 2,447.56 P&I Act Pwr to Adj Remit 02/09/06 Transferred from Income - For 340.09 P&I Act Pwr to Adj Remi t 03/09/06 Transferred from Income - For 446.81 P&I Act Pwr to Adj Remit 04/10/06 Transferred from Income - For 715.61 P&I Act Pwr to Adj Remit 05/09/06 Transferred from Income - For 376.03 P&I Act Pwr to Adj Remit 06/09/06 Transferred from Income - For 482.30 P&I Act Pwr to Adj Remi t 07/10/06 Transferred from Income - For 836.06 P&I Act Pwr to Adj Remit 08/09/06 Transferred from Income - For 402.95 P&I Act Pwr to Adj Remit -------------- 135,996.88 ADJUSTMENTS: ------------ 08/18/03 0.0002 share MTB Large Cap Stock Inst 0.00 I Fund #315 - Share Adjustment -------------- 0.00 -------------- TOTAL RECEIPTS OF PRINCIPAL.......... ..... 583,914.40 -------------- -------------- 7 GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL Gain Loss 04/08/98 389.495 shares ARK Fds US Government Bond Portfolio Net Proceeds 3,856.00 Fid. Acq. Value 3,832.63 23.37 05/12/98 0.525 share St. Paul Companies Inc. Net Proceeds 42.79 Fid. Acq. Value 29.78 13.01 06/08/98 98.684 shares ARK Fds US Government Bond Portfolio Net Proceeds 975.00 Fid. Acq. Value 971 . 05 3.95 07/14/98 1,000 shares Edison International Net Proceeds 29,461.51 Fid. Acq. Value 16,562.50 12,899.01 07/14/98 140 shares St. Paul Companies Inc. Net Proceeds 5,918.30 Fid. Acq. Value 3,970.22 1,948.08 08/31/98 76.028 shares ARK Fds US Government Bond Portfolio Net Proceeds 758.00 Fid. Acq. Value 748.12 9.88 08131/98 10.933 shares ARK Fds US Government Bond Portfolio Net Proceeds 109.00 Fid. Acq. Value 107.58 1. 42 12/03/98 86.07 shares ARK Fds US Government Bond Portfolio Net Proceeds 865.00 Fid. Acq. Value 846.93 18.07 03/19/99 101.626 shares ARK Fds US Government Bond Portfolio Net Proceeds 1,000.00 Fid. Acq. Value 1,000.00 0.00 8 03/19/99 67.024 shares ARK Fds Value Equity Portfolio Net Proceeds 1,000.00 Fid. Acq. Value 843.36 156.64 04/06/99 305.499 shares ARK Fds US Government Bond Portfolio Net Proceeds 3,000.00 Fid. Acq. Value 3,006.11 6.11 04/06/99 66.979 shares ARK Fds Value Equity Portfolio Net Proceeds 1,000.00 Fid. Acq. Value 842.79 157.21 08/23/99 525.21 shares ARK Fds US Government Bond Portfolio Net Proceeds 5,000.00 Fid. Acq. Value 5,168.07 168.07 11/04/99 32,169.539 shares ARK Fds US Government Bond Portfolio Net Proceeds 305,932.32 Fid. Acq. Value 316,548.26 10,615.94 07/11/00 1,044.932 shares ARK Fds Income Portfolio Net Proceeds 10,000.00 Fid. Acq. Value 10,119.77 119.77 07/11/00 1,053.741 shares ARK Fds Intermediate Fixed Income Portfolio Net Proceeds 10,000.00 Fid. Acq. Value 10,131.33 131. 33 07/11/00 3,513.703 shares ARK Fds Value Equity Portfolio Net Proceeds 50,000.00 Fid. Acq. Value 44,212.59 5,787.41 07/03/01 2,500 shares ARK Fds Income Portfolio Net Proceeds 25,000.00 Fid. Acq. Value 24,211.55 788.45 9 07/03/01 2,535.497 shares ARK Fds Intermediate Fixed Income Portfolio Net Proceeds 25,000.00 Fid. Acq. Value 24,377.87 622.13 11/05/01 1,232.742 shares ARK Fds Value Equity Portfolio Net Proceeds 12,500.00 Fid. Acq. Value 15,511.47 3,011.47 10/07/03 48.17 shares MTB Income-Inst I Fund #143 Net Proceeds 500.00 Fid. Acq. Value 466.54 33.46 11/25/03 98.814 shares MTB Income-Inst I Fund #143 Net Proceeds 1,000.00 Fid. Acq. Value 958.20 41.80 03/09/04 193.424 shares MTB Income-Inst I Fund #143 Net Proceeds 2,000.00 Fid. Acq. Value 1,875.63 124.37 04/26/05 419.323 shares Harbor International Fund # 11 Net Proceeds 17,858.97 Fid. Acq. Value 13,500.00 4,358.97 04/26/05 1,527.507 shares MTB Mid Cap Growth-Inst I Fund #401 Net Proceeds 22,209.95 Fid. Acq. Value 21,000.00 1,209.95 04/26/05 3,522.42 shares MTB Multi Capital Growth-Inst I Fund #430 Net Proceeds 51,039.87 Fid. Acq. Value 77,500.00 26,460.13 04/26/05 1,693.989 shares MTB Equity Income Portfolio-Inst I Fund #43 Net Proceeds 16,516.39 Fid. Acq. Value 18,500.00 1,983.61 10 04/26/05 12,591.266 shares MTB Income-Inst I Fund #143 OS/26/05 OS/26/05 06/28/05 07/26/05 08/29/05 09/27/05 10/26/05 11/28/05 Net Proceeds Fid. Acq. Value 125,157.19 122,134.87 6,977.823 shares MTB Intermediate Term Bond-Inst I Fund #220 Net Proceeds Fid. Acq. Value 69,848.00 67,144.46 3,570.744 shares MTB Large Cap Stock Inst I Fund #315 Net Proceeds Fid. Acq. Value 135.435 shares MTB Small Cap Stock-Inst I Fund #571 Net Proceeds Fid. Acq. Value 122.557 shares MTB Small Cap Stock-Inst I Fund #571 Net Proceeds Fid. Acq. Value 30,886.93 42,948.54 1,195.89 1,143.17 1,167.97 1,034.47 61.407 shares The Boston Co. International Small Cap Fund Net Proceeds Fid. Acq. Value 1,210.33 1,101.61 124.512 shares MTB International Equity-Inst I Fund #270 Net Proceeds Fid. Acq. Value 15.718 shares MTB Large Cap Value-Inst I Fund #327 Net Proceeds Fid. Acq. Value 181.916 shares MTB Large Cap Value-Inst I Fund #327 Net Proceeds Fid. Acq. Value 1,453.05 1,356.77 184.53 172.27 2,277.59 1,993.80 11 3,022.32 2,703.54 52.72 133.50 108.72 96.28 12.26 283.79 12,061.61 11/28/05 5.756 shares MTB Small Cap Stock-Inst I Fund #571 Net Proceeds 55.26 Fid. Acq. Value 48.58 6.68 12/28/05 234.234 shares MTB International Equity-Inst I Fund #270 Net Proceeds 2,475.85 Fid. Acq. Value 2,537.26 61. 41 12/28/05 137.052 shares The Boston Co. International Small Cap Fund Net Proceeds 2,852.06 Fid. Acq. Value 2,481.11 370.95 02/28/06 139.222 shares MTB Small Cap Stock-Inst I Fund #571 Net Proceeds 1,347.67 Fid. Acq. Value 1,178.06 169.61 03/28/06 123.387 shares MTB Small Cap Stock-Inst I Fund #571 Net Proceeds 1,210.43 Fid. Acq. Value 1,044.07 166.36 04/26/06 114.076 shares MTB International Equity-Inst I Fund #270 Net Proceeds 1,376.90 Fid. Acq. Value 1,235.69 141. 21 05/31/06 66.56 shares MTB International Equity-Inst I Fund #270 Net Proceeds 772 .10 Fid. Acq. Value 720.99 51.11 06/22/06 1,534.898 shares MTB Large Cap Stock Inst I Fund #315 Net Proceeds 12,401.98 Fid. Acq. Value 18,088.78 5,686.80 06/22/06 79.809 shares The Boston Co. International Small Cap Fund Net Proceeds 1,804.48 Fid. Acq. Value 1,444.82 359.66 12 06/22/06 07/26/06 08/28/06 09/26/06 50.833 shares Vanguard #94 Institutional Index Fund Net Proceeds Fid. Acq. Value 5,840.67 5,402.04 57.18 shares MTB Large Cap Value-Inst I Fund #327 Net Proceeds Fid. Acq. Value 702.74 629.07 32.675 shares MTB International Equity-Inst I Fund #270 Net Proceeds Fid. Acq. Value 388.83 353.94 37.329 shares MTB International Equity-Inst I Fund #270 Net Proceeds Fid. Acq. Value 445.34 404.35 TOTAL GAINS AND LOSSES/PRINCIPAL........... LESS LOSS............................. NET GAIN OR LOSS. . . . . . . . . . . . . . . . . . . . . . . . . . . 13 438.63 73.67 34.89 40.99 36,464.07 60,306.25 (23,842.18) 60,306.25 07/23/97 07/23/97 07/24/97 07/25/97 12/29/97 04/08/98 04/13/98 04/13/98 06/10/98 06/11/98 09/10/98 09/11/98 12/31/98 DISBURSEMENTS OF PRINCIPAL GENERAL DISBURSEMENTS Cumberland County Register of Wills - Recording Fee for Trust Agreement Cumberland County Register of Wills - Cost of Filing First and Partial Account Cumberland County Register of Wills - Cost of Filing First and Partial Account Liberty Mortgage Corporation - Mortgage Payment PA Department of Revenue - 1997 4th Quarter Estimated Fiduciary Income Tax PA Department of Revenue - 1997 Fiduciary Income Tax - Balance due Internal Revenue Service - 1998 1st Quarter Estimated Fiduciary Income Tax Internal Revenue Service - 1997 Fiduciary Income Tax - Balance due PA Department of Revenue - 1998 2nd Quarter Estimated Fiduciary Income Tax Internal Revenue Service - 1998 2nd Quarter Estimated Fiduciary Income Tax Internal Revenue Service - 1998 3rd Quarter Estimated Fiduciary Income Tax PA Department of Revenue - 1998 3rd Quarter Estimated Fiduciary Income Tax Internal Revenue Service - 1998 4th Quarter Estimated Fiduciary Income Tax 14 16.00 95.00 306.00 890.18 76.00 356.00 758.00 3,027.00 218.00 757.00 758.00 109.00 757.00 12/31/98 04/08/99 04/12/99 04/14/99 04/14/99 06/11/99 09/09/99 09/09/99 12/28/99 12/28/99 06/12/00 06/12/00 09/14/00 09/14/00 PA Department of Revenue - 1998 4th Quarter Estimated Fiduciary Income Tax 108.00 Internal Revenue Service - 1998 Fiduciary Income Tax - Balance due 1,361.00 PA Department of Revenue - 1998 Fiduciary Income Tax - Balance due 212.00 Internal Revenue Service - 1999 1st Quarter Estimated Fiduciary Income Tax 1,099.00 PA Department of Revenue - 1999 1st Quarter Estimated Fiduciary Income Tax 163.00 Internal Revenue Service - 1999 2nd Quarter Estimated Fiduciary Income Tax 1,099.00 Internal Revenue Service - 1999 3rd Quarter Estimated Fiduciary Income Tax 1,099.00 PA Department of Revenue - 1999 3rd Quarter Estimated Fiduciary Income Tax 325.00 Internal Revenue Service - 1999 4th Quarter Estimated Fiduciary Income Tax 1,098.00 PA Department of Revenue - 1999 4th Quarter Estimated Fiduciary Income Tax 162.00 Internal Revenue Service - 2000 2nd Quarter Estimated Fiduciary Income Tax 168.00 PA Department of Revenue - 2000 2nd Quarter Estimated Fiduciary Income Tax 39.00 Internal Revenue Service - 2000 3rd Quarter Estimated Fiduciary Income Tax 766.00 PA Department of Revenue - 2000 3rd Quarter Estimated Fiduciary Income Tax 115.00 15 12/29/00 12/29/00 04/10/01 04/10/01 09/13/01 09/13/01 04/09/02 04/09/02 04/09/02 04/10/03 04/10/03 09/15/03 12/24/03 04/09/04 Internal Revenue Service - 2000 4th Quarter Estimated Fiduciary Income Tax 762.00 PA Department of Revenue - 2000 4th Quarter Estimated Fiduciary Income Tax 115.00 Internal Revenue Service - 2000 Fiduciary Income Tax - Balance due 374.00 PA Department of Revenue - 2000 Fiduciary Income Tax - Balance due 52.00 Internal Revenue Service - 2001 3rd Quarter Estimated Fiduciary Income Tax 122.00 PA Department of Revenue - 2001 3rd Quarter Estimated Fiduciary Income Tax 54.00 Internal Revenue Service - 2001 Fiduciary Income Tax - Balance due 27.00 PA Department of Revenue - 2001 Fiduciary Income Tax - Balance due 1. 00 Transferred to Income - To cover State Estimated Tax Overpayment 13.00 Internal Revenue Service - 2002 Fiduciary Income Tax - Balance due 66.00 PA Department of Revenue - 2002 Fiduciary Income Tax - Balance due 27.00 PA Department of Revenue - 2003 3rd Quarter Estimated Fiduciary Income Tax 28.00 Internal Revenue Service - 2003 4th Quarter Estimated Fiduciary Income Tax 68.00 Internal Revenue Service - 2003 Fiduciary Income Tax - Balance due 397.00 16 04/09/04 PA Department of Revenue - 2003 Fiduciary Income Tax - Balance due 89.00 12/27/04 Internal Revenue Service - 2004 4th Quarter Estimated Fiduciary Income Tax 87.00 12/27/04 PA Department of Revenue - 2004 4th Quarter Estimated Fiduciary Income Tax 132.00 04/11/05 Internal Revenue Service - 2004 Fiduciary Income Tax - Balance due 1,443.00 04/11/05 PA Department of Revenue - 2004 Fiduciary Income Tax - Balance due 230.00 09/15/05 PA Department of Revenue - 2005 3rd Quarter Estimated Fiduciary Income Tax 273.00 12/28/05 PA Department of Revenue - 2005 4th Quarter Estimated Fiduciary Income Tax 91.00 04/11/06 PA Department of Revenue - 2005 Fiduciary Income Tax - Balance due 204.00 04/12/06 PA Department of Revenue - 2006 1st Quarter Estimated Fiduciary Income Tax 143.00 06/13/06 PA Department of Revenue - 2006 2nd Quarter Estimated Fiduciary Income Tax 143.00 TOTAL GENERAL DISBURSEMENTS.. ....................... FEES AND COMMISSIONS -------------------- 04/05/99 Dauphin Deposit Bank and 139.43 Trust Company - Trustee's Fee 05/05/99 Dauphin Deposit Bank and 140.54 Trust Company - Trustee's Fee 06/07/99 Dauphin Deposit Bank and 139.20 Trust Company - Trustee's Fee 07/06/99 Allfirst Trust Company of PA, 139.96 NA - Trustee Fee 17 20,878.18 08/05/99 Allfirst Trust Company of PA, 138.03 NA - Trustee Fee 09/07/99 Allfirst Trust Company of PA, 140.33 NA - Trustee Fee 10/05/99 Allfirst Trust Company of PA, 137.93 NA - Trustee Fee 11/05/99 Allfirst Trust Company of PA, 159.71 NA - Trustee Fee 12/06/99 Allfirst Trust Company of PA, 161. 38 NA - Trustee Fee 01/05/00 Allfirst Trust Company of PA, 162. 71 NA - Trustee Fee 02/07/00 Allfirst Trust Company of PA, 141.25 NA - Trustee Fee 03/06/00 Allfirst Trust Company of PA, 141.93 NA - Trustee Fee 04/05/00 Allfirst Trust Company of PA, 143.85 NA - Trustee Fee 05/05/00 Allfirst Trust Company of PA, 141.12 NA - Trustee Fee 06/05/00 Allfirst Trust Company of PA, 143.31 NA - Trustee Fee 07/05/00 Allfirst Trust Company of PA, 142.77 NA - Trustee Fee 08/07/00 Allfirst Trust Company of PA, 142.40 NA - Trustee Fee 09/05/00 Allfirst Trust Company of PA, 144.59 NA - Trustee Fee 10/05/00 Allfirst Trust Company of PA, 141.47 NA - Trustee Fee 11/06/00 Allfirst Trust Company of PA, 142.03 NA - Trustee Fee 12/05/00 Allfirst Trust Company of PA, 140.96 NA - Trustee Fee 01/05/01 Allfirst Trust Company of PA, 142.57 NA - Trustee Fee 02/05/01 Allfirst Trust Company of PA, 143.21 NA - Trustee Fee 18 03/05/01 A11first Trust Company of PA, 140.88 NA - Trustee Fee 04/05/01 A11first Trust Company of PA, 137.59 NA - Trustee Fee 05/07/01 A11first Trust Company of PA, 140.86 NA - Trustee Fee 06/05/01 A11first Trust Company of PA, 140.98 NA - Trustee Fee 07/05/01 A11first Trust Company of PA, 145.59 NA - Trustee Fee 08/06/01 A11first Trust Company of PA, 145.50 NA - Trustee Fee 09/05/01 A1lfirst Trust Company of PA, 143.01 NA - Trustee Fee 10/05/01 A11first Trust Company of PA, 140.89 NA - Trustee Fee 11/05/01 A11first Trust Company of PA, 141. 94 NA - Trustee Fee 12/05/01 A1lfirst Trust Company of PA, 143.50 NA - Trustee Fee 01/07/02 Al1first Trust Company of PA, 145.34 NA - Trustee Fee 02/05/02 Allfirst Trust Company of PA, 142.74 NA - Trustee Fee 03/05/02 A1lfirst Trust Company of PA, 143.71 NA - Trustee Fee 04/05/02 Al1first Trust Company of PA, 140.98 NA - Trustee Fee 05/06/02 A1lfirst Trust Company of PA, 13 9 . 74 NA - Trustee Fee 06/05/02 Allfirst Trust Company of PA, 138.26 NA - Trustee Fee 07/05/02 Allfirst Trust Company of PA, 131.46 NA - Trustee Fee 08/05/02 Allfirst Trust Company of PA, 128.45 NA - Trustee Fee 09/05/02 Allfirst Trust Company of PA, 129.71 NA - Trustee Fee 19 10/07/02 Allfirst Trust Company of PA, 126.71 NA - Trustee Fee 11/05/02 Allfirst Trust Company of PA, 129.32 NA - Trustee Fee 12/05/02 Allfirst Trust Company of PA, 129.58 NA - Trustee Fee 01/06/03 Allfirst Trust Company of PA, 130.23 NA - Trustee Fee 02/05/03 Allfirst Trust Company of PA, 128.26 NA - Trustee Fee 03/05/03 Allfirst Trust Company of PA, 127 . 61 NA - Trustee Fee 04/07/03 Allfirst Trust Company of PA, 128.73 NA - Trustee Fee OS/05/C3 Allfi=st Trust Company of PA, 130.92 NA - '!=-.;stee Fee 06/05/C:; ~lfi=st Trust Company of PA, 134.15 NA - Trustee Fee 07/07/03 Allfirst Trust Company of PA, 133.53 NA - Trustee Fee 08/06/03 Allfirst Trust Company of PA, 131. 46 NA - Trustee Fee 09/08/03 Manufacturers and Traders 134.37 Trust Company - Trustee Fee 10/06/03 Manufacturers and Traders 134.67 Trust Company - Trustee Fee 11/06/03 Manufacturers and Traders 135.71 Trust Company - Trustee Fee 12/08/03 Manufacturers and Traders 137.17 Trust Company - Trustee Fee 01/06/04 Manufacturers and Traders 138.50 Trust Company - Trustee Fee 02/06/04 Manufacturers and Traders 138.43 Trust Company - Trustee Fee 03/08/04 Manufacturers and Traders 140.29 Trust Company - Trustee Fee 04/06/04 Manufacturers and Traders 140.11 Trust Company - Trustee Fee 20 05/06/04 Manufacturers and Traders 137.68 Trust Company - Trustee Fee 06/07/04 Manufacturers and Traders 136.78 Trust Company - Trustee Fee 07/06/04 Manufacturers and Traders 137.37 Trust Company - Trustee Fee 08/06/04 Manufacturers and Traders 135.37 Trust Company - Trustee Fee 09/07/04 Manufacturers and Traders 136.34 Trust Company - Trustee Fee 10/06/04 Manufacturers and Traders 137.55 Trust Company - Trustee Fee 11/08/04 Manufacturers and Traders 138.81 Trust Company - Trustee Fee 12/06/04 Manufac::urers and Traders 144.96 Trust Company - Trustee Fee 01/06/05 Manufacturers and Traders 143.40 Trust Company - Trustee Fee 02/07/05 Manufacturers and Traders 144.04 Trust Company - Trustee Fee 03/07/05 Manufacturers and Traders 144.61 Trust Company - Trustee Fee 04/06/05 Manufacturers and Traders 142.54 Trust Company - Trustee Fee 05/06/05 Manufacturers and Traders 174.21 Trust Company - Trustee Fee 06/06/05 Manufacturers and Traders 194.05 Trust Company - Trustee Fee 07/06/05 Manufacturers and Traders 194.77 Trust Company - Trustee Fee 08/08/05 Manufacturers and Traders 197.00 Trust Company - Trustee Fee 09/06/05 Manufacturers and Traders 197.04 Trust Company - Trustee Fee 10/06/05 Manufacturers and Traders 194.71 Trust Company - Trustee Fee 11/07/05 Manufacturers and Traders 194.62 Trust Company - Trustee Fee 21 12/06/05 01/06/06 02/06/06 03/06/06 04/06/06 05/08/06 06/06/06 07/06/06 08/07/06 09/06/06 10/06/06 Manufacturers and Traders Trust Company - Trustee Fee 248.61 Manufacturers and Traders Trust Company - Trustee Fee 245.60 Manufacturers and Traders Trust Company - Trustee Fee 244.21 Manufacturers and Traders Trust Company - Trustee Fee 245.58 Manufacturers and Traders Trust Company - Trustee Fee 248.87 Manufacturers and Traders Trust Company - Trustee Fee 251.40 Manufacturers and Traders Trust Company - Trustee Fee 244.30 Man:..::'", -':~e~ and Traders ': ~ <~!"<_~~ - ':::--..:stee Fee 247.29 Ma.::..:~ a,~~e:s and Traders ':::--~": ::;~V - ':'=ustee Fee 24E. 03 Ma~ufac~~rers and Traders Trust Comp~~y - Trustee Fee 252.53 Manufacturers and Traders Trust Company - Trustee Fee 256.28 Reserves: Wion, Zulli & Seibert - Attorney Fees 500.00 TOTAL FEES AND COMMISSIONS........... ............... TOTAL DISBURSEMENTS OF PRINCIPAL. .... ............... 22 14,760.11 35,638.29 DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES William Buehler Hammond ----------------------- 05/10/05 Distribution under P&I Act 1,445.80 06/10/05 Distribution under P&I Act 1,445.80 07/11/05 Distribution under P&I Act 1,445.80 08/10/05 Distribution under P&I Act 1,445.80 09/12/05 Distribution under P&I Act 1,445.80 10/11/05 Distribution under P&I Act 1,445.80 11/10/05 Distribution under P&I Act 1,445.80 12/12/05 Distribution under P&I Act 1,445.80 01/10/06 Distribution under P&I Act 1,445.80 02/10/06 Distribution under P&I Act 1,315.64 03/10/06 Distribution under P&I Act 1,315.64 04/10/06 Distribution under P&I Act 1,315.64 05/10/06 Distribution under P&I Act 1,315.64 06/12/06 Distribution under P&I Act 1,315.64 07/10/06 Distribution under P&I Act 1,315.64 -------------- 20,906.04 -------------- TOTAL DISTRIBUTIONS TO BENEFICIARIES.... .. 20,906.04 -------------- -------------- 23 # Units 601.008 749.337 1,267.337 771.362 4,379.993 4,364.464 2,458.723 3,025.217 5,480.921 5,994.373 7,848.462 756.335 862.195 980.341 212.646 PRINCIPAL BALANCE ON HAND Description MTB Money Market-Inst I Fund #420 Alpine Intl Real Estate Equity Fund CRM Mid Cap Value Fd-Instl #32 Evergreen International Bond Fund -In Goldman Sachs High Yield Fd #527 MTB Short Duration Government Bond Inst I Fund #120 MTB International Equity-Inst I Fund #270 MTB Large Cap Value-Inst I Fund #327 MTB Short Term Corporation Bd-Inst 1-#518 MTB Small Cap Stock-Inst I Fund #571 MTB Intermediate Te~ Bond-Inst I Fund #220 MTE Large Cap Stock Inst I Fund *315 N=~heast Investors Trust ~h~ Eoston Co. International Small Cap Fund Thompson Plumb Growth Fund Vanguard *94 Institutional Index Fund 24 Current Value Fiduciary Acquisition or as Noted Value 14,438.93 14,438.93 21,780.53 19,310.38 22,644.96 19,084.62 13,053.57 14,485.61 6,186.32 6,105.24 41,741.33 41,970.80 53,595.62 47,276.64 32,258.45 27,050.01 29,556.37 29,624.41 54,096.69 46,378.00 58,325.25 57,734.91 68,595.56 92,494.18 5,785.96 5,807.57 21,003.07 15,608.69 47,566.15 43,559.94 26,557.36 22,597.96 --------------- --------------- 517,186.12 503,527.89 --------------- --------------- --------------- --------------- 07/16/97 08/18/97 10/16/97 12/17 /97 07/15/98 11/16/98 12/09/98 12/09/98 11/04/99 11/04/99 12/10/99 12/14/99 12/28/99 01/12/00 INVESTMENTS MADE - PRINCIPAL # Units Cost 1,835.536 shares Marketvest Funds Inc. Equity Fund #590 - shares purchased 25,000.00 1,933.164 shares Marketvest Funds Inc. Equity Fund #590 - shares purchased 26,039.72 1,325.019 shares Marketvest Funds Inc. Equity Fund #590 - shares purchased 18,934.52 760.839 shares Marketvest Funds Inc. Equity Fund #590 - shares purchased 9,791.99 1,969.041 shares ARK Fds Blue Chip Equity Portfolio - shares purchased 35,423.05 417.696 shares ARK Fds Value Equity Portfolio - shares purchased 5,734.97 97.663 shares ARK Fds Value Equity Portfolio - shares purchased 1,376.07 45.007 shares ARK Fds Blue Chip Equity Portfolio - shares purchased 787. 62 12,846.865 shares ARK Fds Income Portfolio - shares purchased 125,000.00 12,953.368 shares ARK Fds Intermediate Fixed Income Portfolio - shares purchased 125,000.00 11.445 shares ARK Fds Intermediate Fixed Income Portfolio - shares purchased 110.10 467.727 shares ARK Fds Blue Chip Equity Portfolio - shares purchased 10,000.00 382.538 shares ARK Fds Blue Chip Equity Portfolio - shares purchased 8,500.00 3,157.895 shares ARK Fds Income Portfolio - shares purchased 30,000.00 25 01/12/00 07/11/00 07/11/00 07/11/00 12/29/00 12/29/00 07/03/01 07/03/01 07/03/01 07/03/01 07/03/01 11/05/01 12/11/01 12/11/01 03/05/02 03/05/02 03/05/02 06/21/02 3,167.899 shares ARK Fds Intermediate Fixed Income Portfolio - shares purchased 30,000.00 1,876.173 shares ARK Fds Capital Growth Portfolio - shares purchased 50,000.00 626.566 shares ARK Fds Blue Chip Equity Portfolio - shares purchased 15,000.00 265.675 shares ARK Fds Mid Cap Portfolio - shares purchased 5,000.00 180.115 shares ARK Fds Mid Cap Portfolio - shares purchased 2,500.00 856.898 shares ARK Fds Equity Income Portfolio - shares purchased 10,000.00 228.519 shares ARK Fds Equity Income Portfolio - shares purchased 2,500.00 817.884 shares ARK Fds Capital Growth Portfolio - shares purchased 15,000.00 525.762 shares ARK Fds Blue Chip Equity Portfolio - shares purchased 10,000.00 376.223 shares ARK Fds Mid Cap Portfolio - shares purchased 5,000.00 386.877 shares Harbor International Fund #11 - shares purchased 12,500.00 828.363 shares ARK Fds Capital Growth Portfolio - shares purchased 12,500.00 20.85 shares ARK Fds Income Portfolio - shares purchased 209.33 6.057 shares ARK Fds Intermediate Fixed Income Portfolio - shares purchased 60.21 94.697 shares ARK Fds Equity Income Portfolio - shares purchased 1,000.00 277.778 shares ARK Fds Mid Cap Portfolio - shares purchased 3,500.00 32.446 shares Harbor International Fund #11 - shares purchased 1,000.00 513.875 shares ARK Fds Equity Income Portfolio - shares purchased 5,000.00 26 06/21/02 11/21/03 11/21/03 11/30/04 04/26/05 04/26/05 04/26/05 04/26/05 04/26/05 04/26/05 04/26/05 04/26/05 04/26/05 04/26/05 04/26/05 427.716 shares ARK Fds Mid Cap Portfolio - shares purchased 5,000.00 323.613 shares MTB Income-Inst I Fund #143 - shares purchased 3,284.67 150.424 shares MTB Intermediate Term Bond-Inst I Fund #220 - shares purchased 1,544.85 127.383 shares MTB Income-Inst I Fund #143 - shares purchased 1,272.56 607.111 shares Evergreen International Bond Fund -In - shares purchased 7,000.00 476.84 shares Thompson Plumb Growth Fund - shares purchased 21,000.00 2,096.627 shares MTB International Equity-Inst I Fund #270 - shares purchased 23,000.00 727.772 shares CRM ~~d Cap Value Fd-Instl #32 - shares purchased 18,500.00 2,554.746 shares MTB Large Cap Value-Inst I Fund #327 - shares purchased 28,000.00 263.479 shares Vanguard #94 Institutional Index Fund - shares purchased 28,000.00 3,336.81 shares MTB Short Duration Government Bond Inst I Fund #120 - shares purchased 32,000.00 2,346.939 shares MTB Short Term . Corporation Bd-Inst 1-#518 - shares purchased 23,000.00 2,798.995 shares MTB Small Cap Stock-Inst I Fund #571 - shares purchased 23,931.41 2,761.103 shares MTB Small Cap Stock-Inst I Fund #571 - shares purchased 23,000.00 715.216 shares Northeast Investors Trust - shares purchased 5,500.00 27 04/26/05 04/26/05 OS/26/05 OS/26/05 OS/26/05 OS/26/05 OS/26/05 OS/26/05 OS/26/05 OS/26/05 11/29/05 11/29/05 11/29/05 12/07/05 12/15/05 693.568 shares Goldman Sachs High Yield Fd #527 - shares purchased 5,500.00 552.485 shares The Boston Co. International Small Cap Fund - shares purchased 10,000.00 658.321 shares Evergreen International Bond Fund -In - shares purchased 7,465.36 41.119 shares Northeast Investors Trust - shares purchased 307.57 479.616 shares Thompson Plumb Growth Fund - shares purchased 21,491.57 523.201 shares The Boston Co. International Small Cap Fund - shares purchased 9,297.29 2,304.963 shares MTB International Equity-Inst I Fund #270 - shares purchased 24,962.75 140.036 shares MTB Short Duration Government Bond Inst I Fund #120 - shares purchased 1,345.75 88.283 shares MTB Short Term Corporation Bd-Inst 1-#518 - shares purchased 866.06 77.794 shares Goldman Sachs High Yield Fd #527 - shares purchased 605.24 447.18 shares MTB Small Cap Stock-Inst I Fund #571 - shares purchased 3,894.94 158.791 shares MTB Large Cap Value-Inst I Fund #327 - shares purchased 1,845.15 572.26 shares MTB International Equity-Inst I Fund #270 - shares purchased 5,922.89 1.905 shares Evergreen International Bond Fund -In - shares purchased 20.25 64.777 shares The Boston Co. International Small Cap Fund - shares purchased 1,338.94 28 12/16/05 21.565 shares CRM Mid Cap Value Fd-Instl #32 - shares purchased 584.62 12/19/05 23.885 shares Thompson Plumb Growth Fund - shares purchased 1,068.37 12/28/05 903.147 shares MTB Short Duration Government Bond Inst I Fund #120 - shares purchased 8,625.05 12/28/05 611.373 shares MTB Large Cap Stock Inst I Fund #315 - shares purchased 5,074.39 12/28/05 589.995 shares MTB Short Term Corporation Bd-Inst 1-#518 - shares purchased 5,758.35 01/26/06 272.241 shares MTB Intermediate Term Bond-Inst I Fund #220 - shares purchased 2,673.41 06/22/06 601.008 shares Alpine Intl Real Estate Equity Fund - shares purchased 19,310.38 29 CHANGES IN INVESTMENT HOLDINGS - PRINCIPAL Cost Alpine IntI Real Estate Equity Fund 06/22/06 601.008 shares purchased 19,310.38 601.008 19,310.38 ARK Fds Blue Chip Equity Portfolio 07/15/98 12/09/98 12/14/99 12/28/99 07/11/00 07/03/01 08/18/03 1,969.041 shares purchased 45.007 shares purchased 467.727 shares purchased 382.538 shares purchased 626.566 shares purchased 525.762 shares purchased (4,016.641)shares delivered in merger due to conversion of MTB Large Cap Stock Inst I Fund #315 35,423.05 787.62 10,000.00 8,500.00 15,000.00 10,000.00 (79,710.67) o 0.00 ARK Fds Capital Growth Portfolio 07/11/00 07/03/01 11/05/01 08/22/03 1,876.173 shares purchased 817.884 shares purchased 828.363 shares purchased (3,522.42)shares delivered in merger due to conversion of MTB Multi Capital Growth-Inst I Fund #430 50,000.00 15,000.00 12,500.00 (77,500.00) o 0.00 ARK Fds Equity Income Portfolio 12/29/00 07/03/01 03/05/02 06/21/02 08/22/03 856.898 shares purchased 228.519 shares purchased 94.697 shares purchased 513.875 shares purchased (1,693.989)shares delivered in merger due to conversion of MTB Equity Income Portfolio-Inst I Fund #43 10,000.00 2,500.00 1,000.00 5,000.00 (18,500.00) o 0.00 30 ARK Fds Income Portfolio 11/04/99 01/12/00 07/11/00 07/03/01 12/11/01 08/22/03 12,846.865 shares purchased 3,157.895 shares purchased (1,044.932)shares sold (2,500)shares sold 20.85 shares purchased (12,480.678)shares delivered in merger due to conversion of MTB Income-Inst I Fund #143 125,000.00 30,000.00 (10,119.77) (24,211.55) 209.33 (120,878.01) o 0.00 ARK Fds Intermediate Fixed Income Portfolio 11/04/99 12/10/99 01/12/00 07/11/00 07/03/01 12/11/01 08/15/03 12,953.368 shares purchased 11.445 shares purchased 3,167.899 shares purchased (1,053.741)shares sold (2,535.497)shares sold 6.057 shares purchased (12,549.531)shares delivered in merger due to conversion of MTB Intermediate Term Bond-Inst I Fund #220 125,000.00 110.10 30,000.00 (10,131.33) (24,377.87) 60.21 (120,661.11) o 0.00 -------------- -------------- ARK Fds Mid Cap Portfolio 07/11/00 12/29/00 07/03/01 03/05/02 06/21/02 08/22/03 265.675 shares purchased 180.115 shares purchased 376.223 shares purchased 277.778 shares purchased 427.716 shares purchased (1,527.507)shares delivered in merger due to conversion of MTB Mid Cap Growth-Inst I Fund #401 5,000.00 2,500.00 5,000.00 3,500.00 5,000.00 (21,000.00) o 0.00 31 ARK Fds US Government Bond Portfolio 03/23/98 33,763.084 shares name changed from Marketvest Funds Inc. Intermediate US Government Bond Fund #593 (389.495)shares sold (98.684)shares sold (76.028)shares sold (10.933)shares sold (86.07)shares sold (101.626)shares sold (305.499)shares sold (525.21)shares sold (32,169.539)shares sold 332,228.75 04/08/98 06/08/98 08/31/98 08/31/98 12/03/98 03/19/99 04/06/99 08/23/99 11/04/99 (3,832.63) (971.05) (748.12) (107.58) (846.93) (1,000.00) (3,006.11) (5,168.07) (316,548.26) o 0.00 ARK Fds Value Equity Portfolio 03/30/98 9,828.569 shares received in exchange of 9,828.569 shares Marketvest Funds Inc. Equity Fund #590 at the rate of 1/1 417.696 shares purchased 97.663 shares purchased (67.024)shares sold (66.979)shares sold (3,513.703)shares sold (1,232.742)shares sold (5,463.48)shares delivered in merger due to conversion of MTB Large Cap Stock Inst I Fund #315 123,045.61 11/16/98 12/09/98 03/19/99 04/06/99 07/11/00 11/05/01 08/18/03 5,734.97 1,376.07 (843.36) (842.79) (44,212.59) (15,511.47) (68,746.44) o 0.00 CRM Mid Cap Value Fd-Instl #32 04/26/05 12/16/05 727.772 shares purchased 21.565 shares purchased 18,500.00 584.62 749.337 19,084.62 Edison International 07/14/97 07/14/98 1,000 shares received (l,OOO)shares sold 16,562.50 (16,562.50) o 0.00 32 Evergreen International Bond Fund -In 04/26/05 OS/26/05 12/07/05 607.111 shares purchased 658.321 shares purchased 1.905 shares purchased 7,000.00 7,465.36 20.25 1,267.337 14,485.61 Goldman Sachs High Yield Fd #527 04/26/05 OS/26/05 693.568 shares purchased 77.794 shares purchased 5,500.00 605.24 771.362 6,105.24 Harbor International Fund #11 07/03/01 03/05/02 04/26/05 386.877 shares purchased 32.446 shares purchased (419.323)shares sold 12,500.00 1,000.00 (13,500.00) o 0.00 Marketvest Funds Inc. Equity Fund #590 07/14/97 07/16/97 08/18/97 10/16/97 12/17 /97 03/30/98 3,974.011 shares received 1,835.536 shares purchased 1,933.164 shares purchased 1,325.019 shares purchased 760.839 shares purchased (9,828.569)shares delivered in exchange of 9,828.569 shares ARK Fds Value Equity Portfolio 43,279.37 25,000.00 26,039.72 18,934.52 9,791.99 (123,045.60) o 0.00 Marketvest Funds Inc. Intermediate US Government Bond Fund #593 07/14/97 03/23/98 33,763.084 shares received (33,763.084)shares name changed to ARK Fds US Government Bond Portfolio 332,228.75 (332,228.75) o 0.00 33 MTB Short Duration Government Bond Inst I Fund #120 04/26/05 OS/26/05 12/28/05 3,336.81 shares purchased 140.036 shares purchased 903.147 shares purchased 32,000.00 1,345.75 8,625.05 4,379.993 41,970.80 MTB International Equity-Inst I Fund #270 04/26/05 OS/26/05 09/27/05 11/29/05 12/28/05 04/26/06 05/31/06 08/28/06 09/26/06 2,096.627 shares purchased 2,304.963 shares purchased (124.512)shares sold 572.26 shares purchased (234.234)shares sold (114.076)shares sold (66.56)shares sold (32.675)shares sold (37.329)shares sold 23,000.00 24,962.75 (1,356.77) 5,922.89 (2,537.26) (1,235.69) (720.99) (353.94) (404.35) 4,364.464 47,276.64 MTB Large Cap Value-Inst I Fund #327 04/26/05 10/26/05 11/28/05 11/29/05 07/26/06 2,554.746 shares purchased (15.718)shares sold (181.916)shares sold 158.791 shares purchased (57.18)shares sold 28,000.00 (172.27) (1,993.80) 1,845.15 (629.07) 2,458.723 27,050.01 MTB Mid Cap Growth-Inst I Fund #401 08/22/03 1,527.507 shares received in merger due to conversion of ARK Fds Mid Cap Portfolio at the rate of 1 share for each share held (1,527.507)shares sold 21,000.00 04/26/05 (21,000.00) o 0.00 34 MTB Multi Capital Growth-Inst I Fund #430 04/26/05 3,522.42 shares received in merger due to conversion of ARK Fds Capital Growth Portfolio at the rate of 1 share for each share held (3,522.42)shares sold 77,500.00 08/22/03 (77,500.00) o 0.00 MTB Short Term Corporation Bd-Inst 1-#518 04/26/05 OS/26/05 12/28/05 2,346.939 shares purchased 88.283 shares purchased 589.995 shares purchased 23,000.00 866.06 5,758.35 3,025.217 29,624.41 MTB Small Cap Stock-Inst I Fund #571 04/26/05 04/26/05 06/28/05 07/26/05 11/28/05 11/29/05 02/28/06 03/28/06 2,761.103 shares purchased 2,798.995 shares purchased (135.435)shares sold (122.557)shares sold (5.756)shares sold 447.18 shares purchased (139.222)shares sold (123.387)shares sold 23,000.00 23,931.41 (1,143.17) 0,034.47) (48.58 ) 3,894.94 (1,178.06) (1,044.07) 5,480.921 46,378.00 MTB Equity Income Portfolio-Inst I Fund #43 08/22/03 04/26/05 1,693.989 shares received in merger due to conversion of ARK Fds Equity Income Portfolio at the rate of 1 share for each share held (l,693.989)shares sold 18,500.00 (18,500.00) o 0.00 35 MTB Income-Inst I Fund #143 08/22/03 12,480.678 shares received in merger due to conversion of ARK Fds Income Portfolio at the rate of 1 share for each share held (48.17)shares sold 323.613 shares purchased (98.814)shares sold (193.424)shares sold 127.383 shares purchased (12,591.266)shares sold 10/07/03 11/21/03 11/25/03 03/09/04 11/30/04 04/26/05 o -------------- -------------- MTB Intermediate Term Bond-Inst I Fund #220 --------------------------------- 08/15/03 12,549.531 shares received in merger due to conversion of ARK Fds Intermediate Fixed Income Portfolio at the rate of 1 share for each share held 150.424 shares purchased (6,977.823)shares sold 272.241 shares purchased 11/21/03 OS/26/05 01/26/06 5,994.373 -------------- -------------- MTB Large Cap Stock Inst I Fund #315 ------------------------------------ 08/18/03 6,879.2508 shares received in merger due to conversion of ARK Fds Blue Chip Equity Portfolio at the rate of 1.71268748 shares for each share held 5,463.48 shares received in merger due to conversion of ARK Fds Value Equity Portfolio at the rate of 1 share for each share held 0.0002 share adjustment (3,570.744)shares sold 611.373 shares purchased (1,534.898)shares sold 08/18/03 08/18/03 OS/26/05 12/28/05 06/22/06 7,848.462 -------------- -------------- 36 120,878.01 (466.54) 3,284.67 (958.20) (1,875.63) 1,272.56 (122,134.87) 0.00 -------------- -------------- 120,661.11 1,544.85 (67,144.46) 2,673.41 57,734.91 -------------- -------------- 79,710.67 68,746.44 0.00 (42,948.54) 5,074.39 (18,088.78) 92,494.18 Northeast Investors Trust 04/26/05 OS/26/05 715.216 shares purchased 41.119 shares purchased 5,500.00 307.57 756.335 5,807.57 -------------- -------------- St. Paul Companies Inc. 07/14/98 70.525 shares received in merger of 250 shares U.S.F.& G. Corporation at the rate of 0.2821 shares for each share held (0.525)share sold 70 shares received in 2 for 1 stock split (140)shares sold 4,000.00 04/27/98 05/12/98 05/13/98 (29.78 ) 0.00 (3,970.22) o 0.00 -------------- -------------- -------------- -------------- The Boston Co. International Small Cap Fund 04/26/05 OS/26/05 08/29/05 12/15/05 12/28/05 06/22/06 552.485 shares purchased 523.201 shares purchased (61.407)shares sold 64.777 shares purchased (137.052)shares sold (79.809)shares sold 10,000.00 9,297.29 (1,101.61) 1,338.94 (2,481.11) (1,444.82) 862.195 15,608.69 -------------- -------------- Thompson Plumb Growth Fund 04/26/05 OS/26/05 12/19/05 476.84 shares purchased 479.616 shares purchased 23.885 shares purchased 21,000.00 21,491.57 1,068.37 980.341 43,559.94 -------------- -------------- -------------- -------------- 37 U.S.F.& G. Corporation 07/14/97 04/27/98 250 shares received (250)shares delivered in merger of 70.525 shares St. Paul Companies Incorporated 4,000.00 (4,000.00) o 0.00 Vanguard #94 Institutional Index Fund 04/26/05 06/22/06 263.479 shares purchased (50.833)shares sold 28,000.00 (5,402.04) 212.646 22,597.96 38 RECEIPTS OF INCOME Assets as per First and Partial Accounting Adjudicated Capital Reserve Account 07/14/97 ARK Fds Blue Chip Equity Portfolio 10/01/98 01/04/99 04/01/99 07/01/99 10/01/99 12/30/99 04/03/00 07/03/00 10/02/00 01/02/01 04/02/01 07/02/01 10/01/01 01/02/02 04/01/02 07/01/02 10/01/02 01/02/03 04/01/03 07/01/03 08/13/03 ARK Fds Capital Growth Portfolio 01/02/01 DIVIDENDS 68.13 50.55 55.39 30.61 31. 02 72.75 34.66 60.15 60.39 53.76 64.93 30.37 55.03 31.33 29.24 50.45 65.59 74.63 115.12 75.23 79.65 39 29,122.09 1,188.98 30.39 ARK Fds Equity Income Portfolio 01/02/01 02/01/01 03/01/01 04/02/01 05/01/01 06/01/01 07/02/01 08/01/01 09/04/01 10/01/01 11/01/01 12/03/01 01/02/02 02/01/02 03/01/02 04/01/02 05/01/02 06/03/02 07/01/02 08/01/02 09/03/02 10/01/02 11/01/02 12/02/02 01/02/03 02/03/03 03/03/03 04/01/03 05/01/03 06/02/03 07/01/03 08/01/03 10.37 21. 68 13.11 11.14 19.11 12.94 7.71 20.19 19.86 14.11 13.03 14.98 12.05 11. 61 20.51 11.10 10.15 21. 69 21.85 17.77 27.85 28.27 11.15 43.04 14.82 26.00 31. 07 23.46 34.63 26.95 21.40 12.25 605.85 ARK Fds Mid Cap Portfolio 10/01/02 04/01/03 9.75 2.25 12.00 ARK Fds Value Equity Portfolio 07/01/98 10/01/98 01/04/99 04/01/99 07/01/99 10/01/99 12/30/99 04/03/00 07/03/00 10/02/00 01/02/01 04/02/01 07/02/01 294.86 239.82 211. 02 141.82 117.41 85.76 40.84 20.42 30.63 0.67 74.33 32.14 61.61 40 10/01/01 01/02/02 04/01/02 07/01/02 10/01/02 01/02/03 04/01/03 07/01/03 08/13/03 CRM Mid Cap Value Fd-Instl #32 12/16/05 Edison International 07/31/97 10/31/97 01/31/98 04/30/98 07/31/98 Harbor International Fund #11 12/31/01 12/31/02 12/31/03 01/03/05 Marketvest Funds Inc. Equity Fund #590 08/01/97 09/02/97 10/01/97 10/31/97 12/01/97 12/31/97 02/03/98 02/28/98 03/27/98 MTB International Equity-Inst I Fund #270 12/29/05 69.64 67.75 29.50 30.49 112.98 79.71 59.39 58.73 93.97 500.00 250.00 250.00 260.00 260.00 103.25 140.87 212.09 232.82 82.50 114.59 81. 30 108.81 110.63 11 7.94 98.29 11 7.94 121. 87 41 1,953.49 167.46 1,520.00 689.03 953.87 877.73 MTB Large Cap Value-Inst I Fund #327 06/29/05 09/29/05 12/29/05 03/30/06 06/29/06 09/28/06 MTB Equity Income Portfolio-Inst I Fund #43 09/30/03 10/31/03 11/28/03 12/31/03 01/30/04 02/27/04 04/05/04 04/30/04 06/01/04 06/30/04 07/30/04 08/31/04 09/30/04 10/29/04 11/30/04 12/30/04 01/28/05 02/25/05 03/30/05 04/28/05 MTB Large Cap Stock Inst I Fund #315 09/30/03 12/31/03 04/05/04 07/01/04 09/30/04 12/30/04 03/30/05 06/29/05 09/29/05 12/29/05 09/28/06 St. Paul Companies Inc. 07/17/98 53.65 53.65 60.38 70.45 70.45 71.30 28.80 28.80 27.10 28.80 20.33 18.63 11.86 11.86 22.02 20.33 20.33 22.02 23.72 23.72 23.72 79.62 23.72 22.02 18.63 16.94 49.37 61. 71 49.37 49.37 98.74 382.62 37.03 78.95 105.26 982.46 117.73 42 379.88 492.97 2,012.61 35.00 The Boston Co. International Small Cap Fund -------------------------------------- 06/30/05 12/15/05 06/30/06 86.05 52.31 120.71 Thompson Plumb Growth Fund 12/19/05 IJ U.S.F.& G. Corporation 07/31/97 10/31/97 01/31/98 04/30/98 17.50 17.50 17.50 17.50 Vanguard #94 Institutional Index Fund 06/27/05 09/26/05 12/29/05 03/20/06 06/26/06 09/25/06 115.93 147.55 158.09 134.37 110.58 114.83 TOTAL DIVIDEND INCOME..................... INTEREST ARK Fds Income Portfolio 12/01/99 01/03/00 02/01/00 03/01/00 04/03/00 05/01/00 06/01/00 07/03/00 08/01/00 09/01/00 10/02/00 11/01/00 12/01/00 01/02/01 02/01/01 03/01/01 04/02/01 537.13 615.31 724.07 741. 92 789.35 775.97 803.13 784.99 775.23 753.31 734.03 761.64 747.67 771.80 751.20 685.65 737.44 43 259.07 258.24 70.00 781. 35 41,410.01 -------------- -------------- 05/01/01 06/01/01 07/02/01 08/01/01 09/04/01 10/01/01 11/01/01 12/03/01 01/02/02 02/01/02 03/01/02 04/01/02 05/01/02 06/03/02 07/01/02 08/01/02 09/03/02 10/01/02 11/01/02 12/02/02 01/02/03 02/03/03 03/03/03 04/01/03 05/01/03 06/02/03 07/01/03 08/01/03 09/04/03 ARK Fds Intermediate Fixed Income Portfolio 12/01/99 01/03/00 02/01/00 03/01/00 04/03/00 05/01/00 06/01/00 07/03/00 08/01/00 09/01/00 10/02/00 11/01/00 12/01/00 01/02/01 02/01/01 03/01/01 04/02/01 05/01/01 06/01/01 07/02/01 08/01/01 09/04/01 10/01/01 715.48 724.73 695.37 609.39 580.85 540.24 564.38 548.18 558.78 552.27 495.63 520.66 510.55 507.30 488.10 445.37 475.46 454.26 481.42 423.91 419.62 423.31 395.86 436.11 437.65 431. 82 374.47 347.62 263.21 505.21 580.92 676.06 692.68 739.81 732.15 756.73 731.37 720.64 707.54 688.54 717.86 691.38 708.99 706.90 651. 68 702.70 686.55 707.67 674.05 574.34 555.64 541.51 44 26,911.84 11/01/01 12/03/01 01/02/02 02/01/02 03/01/02 04/01/02 05/01/02 06/03/02 07/01/02 08/01/02 09/03/02 10/01/02 11/01/02 12/02/02 01/02/03 02/03/03 03/03/03 04/01/03 05/01/03 06/02/03 07/01/03 08/01/03 09/0-'/03 556.66 515.27 529.71 524.70 474.83 486.53 492.69 514.77 498.72 459.73 446.36 432.33 468.37 417.25 427.74 420.08 348.44 454.61 433.15 417.73 365.58 353. 72 193.42 ARK Money Market Portfolio 07/01/98 08/03/98 09/01/98 10/01/98 11/02/98 12/01/98 01/04/99 02/01/99 03/01/99 04/01/99 05/03/99 06/01/99 07/01/99 08/02/99 09/01/99 10/01/99 11/01/99 12/01/99 01/03/00 02/01/00 03/01/00 04/03/00 05/01/00 06/01/00 07/03/00 08/01/00 09/01/00 10/02/00 11/01/00 12/01/00 0.02 7.52 1. 83 2.86 2.59 1. 30 4.89 1. 32 1. 42 4.61 14 .12 12.58 9.23 8.15 13.20 23.19 22.11 242.46 327.91 133.58 31.10 33.00 31.69 33.51 33.09 32.06 32.28 32.26 38.68 44.67 45 25,683.31 01/02/01 02/01/01 03/01/01 04/02/01 05/01/01 06/01/01 07/02/01 08/01/01 09/04/01 10/01/01 11/01/01 12/03/01 01/02/02 02/01/02 03/01/02 04/01/02 05/01/02 06/03/02 07/01/02 08/01/02 09/03/02 10/01/02 11/01/02 12/02/02 01/02/03 02/03/03 03/03/03 04/01/03 05/01/03 06/02/03 07/01/03 08/01/03 08/27/03 ARK Fds US Government Bond Portfolio 04/06/98 05/04/98 06/01/98 07/01/98 08/03/98 09/01/98 10/01/98 11/02/98 12/01/98 01/04/99 02/01/99 03/01/99 04/01/99 05/03/99 06/01/99 07/01/99 08/02/99 91.11 54.21 44.62 45.87 39.13 35.43 30.88 43.90 42.61 36.06 29.80 24.44 26.71 28.66 24.80 18.39 16.71 16.83 11.13 1. 82 1. 64 1.19 1.30 0.90 0.83 1. 51 1. 00 1. 05 0.90 0.85 0.48 0.47 0.14 490.64 1,622.89 1,663.08 1,609.44 1,649.26 1,479.96 1,421.02 1,463.18 1,439.60 1,483.32 1,456.06 1,334.90 1,489.36 1,402.10 1,351.16 1,336.72 1,412.83 46 1,852.60 09/01/99 10/01/99 11/01/99 12/01/99 Capital Reserve Account 08/01/97 09/03/97 10/02/97 11/03/97 12/02/97 12/31/97 02/02/98 03/02/98 04/02/98 05/01/98 06/01/98 07/01/98 Evergreen International Bond Fund -In 06/17/05 09/16/05 03/17/06 06/16/06 12/16/05 09/15/06 Goldman Sachs High Yield Fd #527 05/02/05 06/02/05 07/05/05 08/01/05 09/01/05 10/03/05 11/02/05 12/01/05 01/03/06 02/01/06 03/01/06 04/03/06 05/01/06 06/01/06 07/03/06 08/01/06 09/01/06 10/02/06 1,388.72 1,324.84 1,384.33 135.60 208.37 190.21 68.70 43.53 1. 63 11.53 2.60 1.78 3.15 4.38 1. 79 2.38 151.85 151. 47 139.41 139.41 139.41 126.73 7.84 39.78 43.16 43.09 43.09 42.99 43.02 42.95 43.02 39.56 39.38 39.58 36.12 36.19 36.00 39.00 39.68 40.05 47 28,339.01 540.05 848.28 694.50 Marketvest Funds Inc. Intermediate US Government Bond Fund #593 08/04/97 09/03/97 10/03/97 11/05/97 12/02/97 12/31/97 02/03/98 03/03/98 03/20/98 MTB Short Duration Government Bond Inst I Fund #120 --------------------------------------- 05/02/05 06/01/05 07/01/05 08/01/05 09/01/05 10/03/05 11/01/05 12/01/05 01/03/06 02/01/06 03/01/06 04/03/06 05/01/06 06/01/06 07/03/06 08/01/06 09/01/06 10/02/06 MTB Short Term Corporation Bd-Inst 1-#518 05/02/05 06/01/05 07/01/05 08/01/05 09/01/05 10/03/05 11/01/05 12/01/05 01/03/06 02/01/06 03/01/06 04/03/06 05/01/06 06/01/06 2,044.10 1, 964.93 1,927.27 1,791.00 1,764.67 1,824.23 1,769.13 1,620.10 1,240.79 12.89 70.63 70.19 74.64 78.00 82.55 79.46 86.23 109.49 116.12 120.62 123.46 125.68 127.02 128.84 129.90 135.30 137.59 8.50 49.14 55.21 56.52 57.64 60.37 59.94 61.76 66.11 77.75 84.42 85.31 86.47 87.02 48 15,946.22 1,808.61 07/03/06 08/01/06 09/01/06 10/02/06 MTB Income-Inst I Fund #143 09/04/03 10/01/03 11/03/03 12/01/03 01/02/04 02/02/04 03/01/04 04/01/04 05/03/04 06/01/04 07/01/04 08/02/04 09/01/04 10/01/04 11/01/04 12/01/04 01/03/05 02/01/05 03/01/05 04/01/05 05/02/05 MTB Intermediate Term Bond-Inst I Fund #220 09/04/03 10/01/03 11/05/03 12/01/03 01/02/04 02/02/04 03/01/04 04/01/04 05/03/04 06/01/04 07/01/04 08/02/04 09/01/04 10/01/04 11/01/04 12/01/04 01/03/05 02/01/05 03/01/05 04/01/05 05/02/05 06/01/05 07/01/05 91.85 92.13 97.82 98.63 80.84 390.06 456.49 436.17 422.55 398.00 418.01 430.82 433.73 392.70 412.99 417.48 402.62 379.13 377.16 402.51 456.54 450.24 384.73 407.08 376.59 228.91 438.03 454.96 464.64 503.45 532.43 518.27 504.67 502.10 499.97 474.92 490.18 496.15 502.90 480.19 451.80 504.96 526.78 462.68 460.85 493.84 444.41 209.33 49 1,276.59 8,326.44 08/01/05 09/01/05 10/03/05 11/01/05 12/01/05 01/03/06 02/01/06 03/01/06 04/03/06 05/01/06 06/01/06 07/03/06 08/01/06 09/01/06 10/02/06 MTB Money Market-Inst I Fund #420 09/02/03 10/01/03 11/05/03 12/01/03 01/02/04 02/02/04 03/01/04 04/01/04 05/03/04 06/01/04 07/01/04 08/02/04 09/01/04 10/01/04 11/01/04 12/01/04 01/03/05 02/01/05 03/01/05 04/01/05 05/03/05 06/01/05 07/01/05 08/01/05 09/01/05 10/03/05 11/01/05 12/01/05 01/03/06 02/01/06 03/01/06 04/03/06 05/01/06 06/01/06 181.01 172.40 177.27 178.65 192.32 186.95 179.65 191. 39 205.35 210.58 209.84 216.54 218.53 218.05 221. 69 0.04 0.10 0.41 0.53 0.33 0.47 0.19 1. 08 0.96 0.74 0.76 0.82 0.76 0.89 0.86 0.84 15.80 17.60 17.26 20.26 21.19 40.27 57.42 63.75 67.48 68.98 75.05 75.12 95.58 58.51 44.92 51. 69 52.55 55.45 50 13,606.64 07/03/06 08/01/06 09/01/06 10/02/06 54.84 56.94 59.61 62.38 Northeast Investors Trust OS/26/05 08/18/05 11/22/05 02/16/06 05/18/06 08/17/06 100.13 105.89 155.05 98.32 98.32 90.76 TOTAL INTEREST INCOME................ ..... OTHER INCOME CRM Mid Cap Value Fd-Instl #32 12/16/05 Short Term Capital Gains Distribution Harbor International Fund #11 12/31/02 Short Term Capital Gains Distribution Short Term Capital Gains Distribution 18.08 12/31/03 16.36 MTB International Equity-Inst I Fund #270 11/29/05 Short Term Capital Gains Distribution MTB Large Cap Value-Inst I Fund #327 11/29/05 Short Term Capital Gains Distribution MTB Equity Income Portfolio-Inst I Fund #43 11/30/04 Short Term Capital Gains Distribution 51 1,142.43 648.47 127,624.99 -------------- -------------- 113.39 34.44 77.84 173.25 29.64 MTB Income-Inst I Fund #143 11/21/03 Short Term Capital Gains Distribution Short Term Capital Gains Distribution 719.84 11/30/04 259.25 MTB Intermediate Term Bond-Inst I Fund #220 -------------------------------------- 11/21/03 Short Term Capital Gains Distribution MTB Large Cap Stock Inst I Fund #315 ------------------------------------ 12/16/04 Short Term Capital Gains Distribution The Boston Co. International Small Cap Fund -------------------------------------- 12/15/05 Short Term Capital Gains Distribution Thompson Plumb Growth Fund 12/19/05 Short Term Capital Gains Distribution Transferred from Principal 04/09/02 To cover State Estimated Tax Overpayment TOTAL OTHER INCOME...... ............ ... .,. TOTAL RECEIPTS OF INCOME............. ,..., 52 979.09 154.36 2,106.90 356.47 222.38 13.00 4,260.76 -------------- -------------- 173,295.76 -------------- -------------- DISBURSEMENTS OF INCOME 07/16/97 Dauphin Deposit Bank and 195.14 Trust Company - Trustee's Fee 08/18/97 Dauphin Deposit Bank and 180.28 Trust Company - Trustee's Fee 09/10/97 Dauphin Deposit Bank and 110.49 Trust Company - Trustee's Fee 09/16/97 Dauphin Deposit Bank and 110.49 Trust Company - Trustee's Fee 10/07/97 Dauphin Deposit Bank and 156.21 Trust Company - Trustee's Fee 11/06/97 Dauphin Deposit Bank and 143.57 Trust Company - Trustee's Fee 12/08/97 Dauphin Deposit Bank and 145.02 Trust Company - Trustee's Fee 12/31/97 Dauphin Deposit Bank and 124.34 Trust Company - Trustee's Fee 02/05/98 Dauphin Deposit Bank and 147.13 Trust Company - Trustee's Fee 03/05/98 Dauphin Deposit Bank and 148.29 Trust Company - Trustee's Fee 04/06/98 Dauphin Deposit Bank and 151.97 Trust Company - Trustee's Fee 05/05/98 Dauphin Deposit Bank and 150.97 Trust Company - Trustee's Fee 06/05/98 Dauphin Deposit Bank and 150.49 Trust Company - Trustee's Fee 07/06/98 Dauphin Deposit Bank and 150.71 Trust Company - Trustee's Fee 08/05/98 Dauphin Deposit Bank and 125.82 Trust Company - Trustee's Fee 09/08/98 Dauphin Deposit Bank and 122.99 Trust Company - Trustee's Fee 10/05/98 Dauphin Deposit Bank and 125.25 Trust Company - Trustee's Fee 11/05/98 Dauphin Deposit Bank and 126.58 Trust Company - Trustee's Fee 53 12/07/98 01/05/99 02/05/99 03/05/99 04/05/99 05/05/99 06/07/99 07/06/99 08/05/99 09/07/99 10/05/99 11/05/99 12/06/99 01/05/00 02/07/00 03/06/00 04/05/00 05/05/00 06/05/00 Dauphin Deposit Bank and Trust Company - Trustee's Fee 129.58 Dauphin Deposit Bank and Trust Company - Trustee's Fee 129.94 Dauphin Deposit Bank and Trust Company - Trustee's Fee 129.47 Dauphin Deposit Bank and Trust Company - Trustee's Fee 127.72 Dauphin Deposit Bank and Trust Company - Trustee's Fee 75.08 Dauphin Deposit Bank and Trust Company - Trustee's Fee 75.67 Dauphin Deposit Bank and Trust Company - Trustee's Fee 74.96 A11first Trust Company of PA, NA - Trustee Fee 75.37 Allfirst Trust Company of PA, NA - Trustee Fee 74.32 Allfirst Trust Company of PA, NA - Trustee Fee 75.56 A11first Trust Company of PA, NA - Trustee Fee 74.27 Allfirst Trust Company of PA, NA - Trustee Fee 86.00 Allfirst Trust Company of PA, NA - Trustee Fee 86.90 Allfirst Trust Company of PA, NA - Trustee Fee 87.61 Allfirst Trust Company of PA, NA - Trustee Fee 76.05 Allfirst Trust Company of PA, NA - Trustee Fee 76.43 Allfirst Trust Company of PA, NA - Trustee Fee 77.45 Allfirst Trust Company of PA, NA - Trustee Fee 75.98 Allfirst Trust Company of PA, NA - Trustee Fee 77.16 54 07/05/00 Allfirst Trust Company of PA, 76.87 NA - Trustee Fee 08/07/00 Allfirst Trust Company of PA, 76.68 NA - Trustee Fee 09/05/00 Allfirst Trust Company of PA, 77.86 NA - Trustee Fee 10/05/00 Allfirst Trust Company of PA, 76.18 NA - Trustee Fee 11/06/00 Allfirst Trust Company of PA, 76.48 NA - Trustee Fee 12/05/00 Allfirst Trust Company of PA, 75.90 NA - Trustee Fee 01/05/01 Allfirst Trust Company of PA, 76.77 NA - Trustee Fee 02/05/01 Allfirst Trust Company of PA, 77.12 NA - Trustee Fee 03/05/0: Allfi.rs:: '!'rust Company of PA, 75.86 NA - '!'rus-cee Fee 04/05/01 Allf:.rs-c Trust Company of PA, -". !}~ NA - ':'rustee Fee 05/07/01 Allfirst Trust Company 0: PA. -'::' p::. NA - Trustee Fee 06/05/01 Allfirst Trust Company of PA, 75.91 NA - Trustee Fee 07/05/01 Allfirst Trust Company of PA, 78.40 NA - Trustee Fee 08/06/01 Allfirst Trust Company of PA, 78.34 NA - Trustee Fee 09/05/01 Allfirst Trust Company of PA, 77.00 NA - Trustee Fee 10/05/01 Allfirst Trust Company of PA, 75.87 NA - Trustee Fee 11/05/01 Allfirst Trust Company of PA, 76.43 NA - Trustee Fee 12/05/01 Allfirst Trust Company of PA, 77.27 NA - Trustee Fee 01/07/02 Allfirst Trust Company of PA, 78.26 NA - Trustee Fee 55 02/05/02 Allfirst Trust Company of PA, 76.86 NA - Trustee Fee 03/05/02 Allfirst Trust Company of PA, 77.38 NA - Trustee Fee 04/05/02 Allfirst Trust Company of PA, 75.91 NA - Trustee Fee 05/06/02 Allfirst Trust Company of PA, 75.24 NA - Trustee Fee 06/05/02 Allfirst Trust Company of PA, 74.44 NA - Trustee Fee 07/05/02 Allfirst Trust Company of PA, 70.79 NA - Trustee Fee 08/05/02 Allfirst Trust Company of PA, 69.16 NA - Trustee Fee 09/05/02 Allfirst Trust Company of PA, 69.85 NA - Trustee Fee 10/07/02 Allfirst Trust Company of PA, 68.23 NA - Trustee Fee 11/05/02 Allfirst Trust Company of PA, 69.63 NA - Trustee Fee 12/05/02 Allfirst Trust Company of PA, 69.78 NA - Trustee Fee 01/06/03 Allfirst Trust Company of PA, 70.13 NA - Trustee Fee 02/05/03 Allfirst Trust Company of PA, 69.07 NA - Trustee Fee 03/05/03 Allfirst Trust Company of PA, 68.71 NA - Trustee Fee 04/07/03 Allfirst Trust Company of PA, 69.31 NA - Trustee Fee 05/05/03 Allfirst Trust Company of PA, 70.49 NA - Trustee Fee 06/05/03 Allfirst Trust Company of PA, 72.24 NA - Trustee Fee 07/07/03 Allfirst Trust Company of PA, 71.90 NA - Trustee Fee 08/06/03 Allfirst Trust Company of PA, 70.78 NA - Trustee Fee 56 09/08/03 Manufacturers and Traders 72.35 Trust Company - Trustee Fee 10/06/03 Manufacturers and Traders 72.51 Trust Company - Trustee Fee 11/06/03 Manufacturers and Traders 73.08 Trust Company - Trustee Fee 12/08/03 Manufacturers and Traders 73.86 Trust Company - Trustee Fee 01/06/04 Manufacturers and Traders 74.57 Trust Company - Trustee Fee 02/06/04 Manufacturers and Traders 74.54 Trust Company - Trustee Fee 03/08/04 Manufacturers and Traders 75.54 Trust Company - Trustee Fee 04/06/04 Manufacturers and Traders 75.44 Trust Company - Trustee Fee 05/06/04 Manufacturers and Traders 74.13 Trust Company - Trustee Fee 06/07/04 Manufacturers and Traders 73.65 Trust Company - Trustee Fee 07/06/04 Manufacturers and Traders 73.97 Trust Company - Trustee Fee 08/06/04 Manufacturers and Traders 72.89 Trust Company - Trustee Fee 09/07/04 Manufacturers and Traders 73.41 Trust Company - Trustee Fee 10/06/04 Manufacturers and Traders 74.07 Trust Company - Trustee Fee 11/08/04 Manufacturers and Traders 74.74 Trust Company - Trustee Fee 12/06/04 Manufacturers and Traders 78.06 Trust Company - Trustee Fee 01/06/05 Manufacturers and Traders 77.22 Trust Company - Trustee Fee 02/07/05 Manufacturers and Traders 77.56 Trust Company - Trustee Fee 03/07/05 Manufacturers and Traders 77.86 Trust Company - Trustee Fee 57 04/06/05 05/06/05 05/09/05 06/06/05 06/09/05 07/06/05 07/11/05 08/08/05 08/09/05 09/06/05 09/09/05 10/06/05 10/11/05 11/07/05 11/09/05 12/06/05 12/09/05 12/28/05 01/06/06 Manufacturers and Traders Trust Company - Trustee Fee 76.75 Manufacturers and Traders Trust Company - Trustee Fee 93.81 Transferred to Principal - For P&I Act Pwr to Adj Remit 843.98 Manufacturers and Traders Trust Company - Trustee Fee 104.49 Transferred to Principal - For P&I Act Pwr to Adj Remit 639.87 Manufacturers and Traders Trust Company - Trustee Fee 104.87 Transferred to Principal - For P&I Act Pwr to Adj Remit 816.87 Manufacturers and Traders Trust Company - Trustee Fee 106.07 Transferred to Principal - For P&I Act Pwr to Adj Remit 312.94 Manufacturers and Traders Trust Company - Trustee Fee 106.10 Transferred to Principal - For P&I Act Pwr to Adj Remit 418.40 Manufacturers and Traders Trust Company - Trustee Fee 104.84 Transferred to Principal - For P&I Act Pwr to Adj Remit 785.25 Manufacturers and Traders Trust Company - Trustee Fee 104.79 Transferred to Principal - For P&I Act Pwr to Adj Remit 331.33 Manufacturers and Traders Trust Company - Trustee Fee 133.86 Transferred to Principal - For P&I Act Pwr to Adj Remit 730.66 Transferred to Principal - For P&I Act Pwr to Adj Remit 1,309.66 Manufacturers and Traders Trust Company - Trustee Fee 132.25 58 01/09/06 02/06/06 02/09/06 03/06/06 03/09/06 04/06/06 04/10/06 05/08/06 05/09/06 06/06/06 06/09/06 07/06/06 07/10/06 08/07/06 08/09/06 09/06/06 10/06/06 Transferred to Principal - For P&I Act Pwr to Adj Remit 2,447.56 Manufacturers and Traders Trust Company - Trustee Fee 131.50 Transferred to Principal - For P&I Act Pwr to Adj Remit 340.09 Manufacturers and Traders Trust Company - Trustee Fee 132.24 Transferred to Principal - For P&I Act Pwr to Adj Remit 446.81 Manufacturers and Traders Trust Company - Trustee Fee 134.01 Transferred to Principal - For P&I Act Pwr to Adj Remit 715.61 ~~ufacturers and Traders '!='..lSt Company - T=ustee Fee 135.37 7=ansfe~red ~o P=incipal - Fer P.I Act Pw= ~o Adj Remi~ 'i.C:: ~ac~are:s an: ~raders :r.;s~ ::::::pa.=.y - :r-'...s:ee Fee :::".54 '==ar..s =e=-~e-C. "':: r~:...=::i::>al - II ",,- -<"'"- Y. !'" ..... .. -'_ For P.: A~ Pv=- :::: Adj Remi~ Manufacture=~ .n: Traders Trust Company - Trustee Fee 133.16 Transferred to Principal - For P&I Act Pwr to Adj Remit 836.06 Manufacturers and Traders Trust Company - Trustee Fee 133.55 Transferred to Principal - For P&I Act Pwr to Adj Remit 402.95 Manufacturers and Traders Trust Company - Trustee Fee 135.97 Manufacturers and Traders Trust Company - Trustee Fee 137.99 TOTAL DISBURSEMENTS OF INCOME............ ...... 59 22,997.27 DISTRIBUTIONS OF INCOME TO BENEFICIARIES William Buehler Hammond 09/08/97 10/10/97 11/10/97 12/10/97 01/12/98 02/10/98 03/10/98 04/10/98 Distribution 33,758.38 Distribution 1,810.57 Distribution 2,067.27 Distribution 1,731.91 Distribution 1,829.36 Distribution 1,990.39 Distribution 1,591.53 Distribution 1,704.4P 05/11/98 Dist=ib~i.Ol:. 06/10/96 Dis't.ri:;lu~ '- ~.;. 1:/-*; :......s~~.:..=-.l'"::~-~ .:-f-- =-::.: /9-E c BC..-:- 2-bu:~ ~::::tr_ ....:t :.. :, !:.." 198 >J _ s": r -,-!J(;C ~::r.: ..... ~ ..:;:;:: . ~... :::/:3/98 Distribution 1,606.58 11/10/98 12/10/98 01/11/99 02/10/99 03/10/99 Distribution 1,339.19 Distribution 1,311.32 Distribution 1,619.84 Distribution 1,327.91 Distribution 1,208.60 04/12/99 Distribution 1,616.10 05/10/99 Distribution 1,340.55 06/10/99 07/12/99 08/10/99 09/10/99 Distribution 1,288.78 Distribution 1,418.60 Distribution 1,346.66 Distribution 1,326.36 60 10/12/99 Distribution 1,390.54 11/10/99 Distribution 1,320.44 12/10/99 Distribution 1,333.50 01/10/00 Distribution 1,550.12 02/10/00 Distribution 1,457.66 03/10/00 Distribution 1,389.27 04/10/00 Distribution 1,539.79 05/10/00 Distribution 1,463.83 06/12/00 Distribution 1,516.21 07/10/00 Distribution 1,563.36 08/10/00 Distribution 1,451.25 12/06/00 Distribution ~,-:L5= 01/10/01 Distribution :.... €Mi2 . 98 02/12/01 Distribution :....45,t.E- 03/12/01 Distribution lr319.20 04/10/01 Distribu-:=ioI: :,520.14 05/10/01 Distribution 1,384.42 06/11/01 Distribution 1,404.86 07/10/01 Distribution 1,421.59 08/10/01 Distribution 1,169.48 09/10/01 Distribution 1,121.96 10/10/01 Distribution 1,180.72 11/13/01 Distribution 1,087.44 12/10/01 Distribution 1,025.60 01/10/02 Distribution 1,251.32 02/11/02 Distribution 1,040.38 03/11/02 Distribution 938.39 04/10/02 Distribution 1,032.51 05/10/02 Distribution 954.86 61 06/10/02 Distribution 986.15 07/10/02 Distribution 1,029.95 08/12/02 Distribution 855.53 09/10/02 Distribution 881.46 10/10/02 Distribution 1,036.14 11/12/02 Distribution 892.61 12/10/02 Distribution 815.32 01/10/03 Distribution 1,106.17 02/10/03 Distribution 801.83 03/10/03 Distribution 707.66 04/10/03 Distribution 1,022.68 05/12/03 Distribution 835.84 06/10/03 Distribution 8,~5.1: 07/10/03 Distribution b ~.k.. 08/11/03 Distribution >-,4 . ..~ t 09/10/03 Distribution t+E, 10/10/03 Distribution B3:;.85 11/10/03 Distribution 867.58 12/10/03 Distribution 1,728.78 01/12/04 Distribution 1,170.72 02/10/04 Distribution 876.69 03/10/04 Distribution 879.56 04/12/04 Distribution 922.36 05/10/04 Distribution 874.52 06/10/04 Distribution 841.78 07/12/04 Distribution 884.40 08/10/04 Distribution 855.92 09/10/04 Distribution 848.14 62 10/12/04 Distribution 931. 31 11/10/04 Distribution 807.19 12/10/04 Distribution 3,196.60 01/10/05 Distribution 1,595.14 02/10/05 Distribution 940.78 03/10/05 Distribution 808.83 04/11/05 Distribution 867.10 -------------- 148,940.30 TOTAL DISTRIBUTIONS TO BENEFICIARIES.. . . . "i"!~=:-2~~~~~~:~= ..:- 63 " # Units Description INCOME BALANCE ON HAND MTB Money Market-Inst I Fund #420 64 Current Value or as Noted 1,358.19 Fiduciary Acquisition Value 1,358.19 1,358.19 1,358.19 --------------- --------------- --------------- --------------- .. PROPOSED DISTRIBUTIONS TO BENEFICIARIES Current Value # Units or as Noted Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust Company, Trustee under Agreement with William B. Hammond II, dated 2/2/82, amended 8/17/83, 2/29/88 and 9/27/95 - Entire Balance for Future Accounting --------------------------------------------- Principal: MTB Money Market-Inst I Fund #420 601.008 shares Alpine Inti Real Estate Equity Fund 749.337 shares CRM Mid Cap Value Fd-Instl #32 1267.337 shares Evergreen International Bond Fund -In 771.362 shares Goldman Sachs High Yield Fd #527 4379.993 shares MTB Short Duration Government Bond Inst I Fund #120 4364.464 shares MTB International Equity-Inst I Fund #270 2458.723 shares MTB Large Cap Value-Inst I Fund #327 3025.217 shares MTB Short Term Corporation Bd-Inst 1-#518 5480.921 shares MTB Small Cap Stock-Inst I Fund #571 5994.373 shares MTB Intermediate Term Bond-Inst I Fund #220 7848.462 shares MTB Large Cap Stock Inst I Fund #315 756.335 shares Northeast Investors Trust 862.195 shares The Boston Co. International Small Cap Fund 980.341 shares Thompson Plumb Growth Fund 212.646 shares Vanguard #94 Institutional Index Fund 14,438.93 21,780.53 22,644.96 13,053.57 6,186.32 41,741.33 53,595.62 32,258.45 29,556.37 54,096.69 58,325.25 68,595.56 5,785.96 21,003.07 47,566.15 26,557.36 Fiduciary Acquisition Value 14,438.93 19,310.38 19,084.62 14,485.61 6,105.24 41,970.80 47 , 27 6 . 64 27,050.01 29,624.41 46,378.00 57,734.91 92,494.18 5,807.57 15,608.69 43,559.94 -------------- -------------- 22,597.96 517,186.12 503,527.89 -------------- -------------- -------------- -------------- 65 ., Veterinary Hospital of the University of Pennsylvania ---------------------------------------- Income: MTB Money Market-Inst I Fund #420 66 1,358.19 1,358.19 1,358.19 1,358.19 -------------- -------------- -------------- -------------- 518,544.31 504,886.08 -------------- -------------- -------------- -------------- ~ , AFFIDAVIT Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust Company, Trustee under Agreement with WILLIAM B. HAMMOND II, deceased, hereby declares under oath that it has fully and faithfully discharged the duties of its office; that the foregoing Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Trust have been paid in full; that, to its knowledge, there are no claims now outstanding against the Trust; that all taxes presently due from the Trust have been paid. ManUf~' ~ and Traders Trust Company Subscribed and sworn to by before me this ~I.-\-tv\ day of Oi;.:~~l.::..~1'"' , 2006. JU!i,~ Notary Public SHEILA M. BLUM Notary Public. State of N9w York QuaHlled in Erie County My Commj~"sion Expires Sept. 30. 20.JQ. 67 z o H cncn ~ H ~ > ....:l H p.. 0 Z E-< o p::; :E ::> :E 0 o U U ..... cn o Z ~ E-< ::r:: p::; p.. ::> p::; 00 U E-< Z ::> o U U ~ ....:l ~ H E-< p::; ~ p.. ..... o o Z ~ o Z o U ~ cn E-< cn >. ::> c:: c:: p::; '.-\ CO E-< ..c:: 0.. 0.. 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