The URL can be used to link to this page

Home My WebLink About1059_GRAYSON_ELIZA_95_71_06-26-1962_07-02-19621F I()g-C; ST WILL AND TESTAMENT OF ELIZA H.GRAYSON 'osephine M Douglas Regj.ster. G.ASHTON BROWNLEE ATTORNSVAT LAW WASHINGTON.PA. • _t ~- i\ppltratinn fnr Jrohatr of lllIItll nf.~l.t.~g ~.~g;r.~y..1?.9.P.:.. ......................................................late of ~.h.~~9..r..Q.lJ.h .Q.f.~g.~.:t Wg.1?p.Jp.gt.Q.P.:,Washington County, Pennsylvania deceased,and lJrant of tGl'ttrr.a wr.alamrnlary. REGISTER'S OFFICE } WASHINGTON COUNTY,88.: Before the Register of Wills of Washington County,personally appeared E.li2i.~b.e..t G.r..ays.o.n !I")J.r..Q.o.Qh ~ng M.~;r.gar.~.t.A who being Long duly sworn says that Eli.z.~H G.r..e:y..S.On ..late resident of Borough of ..E.as.t W.a.shingt.o.n ,Washington County,Pennsylvania,a citizen ofIJ.•.S..,of Am.er.ic..a died testate at ..N:ashin t.on.,P..a on the..2.6t.b..day of...J.un~A.D.19 6.2.. at.1Q.:.0.Q o'clock..p m.,age 95 leaving an estate of the estimated value of $.1.,.5.QO'.,..Qo.Q.•.0.Q . personalty,and $.lO'Q.,.O.Q.O QO realty,said real estate being located in the.. J?9..r.Q.g.gh 9.f.t.;g.~.t..W.g.~htn t.9..P.:"W..?:.~.h.t.p.g:~9...p.gQ.Id.p.y..y...L r..~P..Q.~.Y..1y..~J?:.. The decedent's legatees and devisees are as follows: NAME Sara Grayson Harris Elizabeth Grayson Murdoch Louisa Grayson Ferree RELATIONSHIP Dau hter Dau hter Daughter RESIDENCE Testator has na.t married and UQ children have been born since the execution of the will offered for probate. Petitioner prays that the paper writing filed herewith dated e.~P~.~!??:p..~!:J.3...L ..}.9.?2 .. may be admitted to probate as the last Will and Testament of said decedent,and to grant Letters Testamen- tary thereon to....Elizab.e.th...G.r..a.y.s.o.o....ur.do..c.h".....6.l5 E.......~.e..au....s..tr.".........a.sb.ln.:t.Q.:n.......P~,and whose post office address is t..Q M.~rg~~.~.t.M.,~.QP.:gJ 13.Q3 ~.~.QP.~~..;?f?..?.:p.¥~.1.g,g,!':..,J.Q.7.. Fourth Ave.,Pittsburgh 22,Pat Sworn to and subscribed before me this...i.A:-..L ........yiLL..•........,r.3t 2 A.D.19 (>.2... .~~.-:.:.1-.: .y..~.RegIster COMMOl\TWEALTH OF PENNSYLVANIA,l SS. WASHINGTON COUNTY,(..Elizabeth Grayson Murdoch and And now .'!.~~.Y.:!::.:1:!.~,19 ??.,comes M.~.r.g!?:.r.~.tJ~~..~T:-!.QP.g . who being duly sworn doth depose and say that...t.h~.Y.:will well and truly administer the goods and chattels,rights and credits of.......Eli.za...H......G:c.a¥.s.o.n................................................................................................deceased, to the best of .their.skill and judgment in strict compliance with the laws of this Commonwealth,mind- ful of the laws relating to inheritance taxes. Sworn and subscribed before me this....~~~... ....................."...JJ.l~2 >7 A.D.19 62... "/h<'/~~..m •••::?::1/.~.~. :tL~~......';I)ili!,1bd<l~ ,&).,>1•...(~1..:".. I ..c:~h~C\Jj (,), 01 :;.,...-l~1 ~j '0::v..c:s::::Hj :c::: 0>.... ~·or 0);j~::s:: 0 '""':....cd o~"",: F\lEO :....""~j~\)-.'")~o~~1~~L~w ~~1 o~~Qj,~~0)0:0): cd ~~~a co,~~~~1cd cd:f.-=l 3 :23 rlIQzQ):-.-f H:2 Hi ~II,~~,.....0 Ulli-t on ~§~CJi c JUl ~Cf.l ~o..c:'3 ~.a.......c:1~~t i ~U 0)1?~,qr '\r'"'',~.\.t.,S ~~Q~alH ~~~r:Q:s:::~Q),Qj JOf'(I\I.\.I \r..~::s ~rn ~..a~~~.".....l .I~'!\:--""."\J o 0\'1=:Q)al~~'...1-,.\r.('''0 v QHr:::~s::+'t'J:r >-•~"•\i\• •.~r,.-",t·oj '-,\..\-~::r1 o O~Q)c;j on1 ~./.. i 1:Q~J:4 ;...r-{as:u.t<t 0 ~~4 ~N ......Ul0;...rciHQ)0 •H Q)+'+'Q cj+'+'~~co Q)~~....:l ~ •~ -.-'"--- OInmmnnmraltl1 Df Jrnu!iyluanta DlIa.6l1tngton (llountg•.6.6:~ ;k."'- .:l-f .BE IT REMEMBERED,That upon thls day 0 . 19.~~..,before me.~.~~.~p.~.~~.~~~.~~.~.~Registel'for the probate of Wills and granting Letters of Administration within and for said county,came . ................................Ce.c.al.e B ap.r.1 .&I3d G ·Aaht.n·..Bl'••n1ee············..···..·..··..· ·..··.. ............................................................................................................the subscribing witnesses to the foregoing attached Will of ........................................E11.za H.Gr&7-s.on . deceased,who,after being duly qualified according to law,depose and say:That they were present at the execution of said Will-saw the testat....~.~~sign the same-heard R~.r.publish it as and for ..........~~.r..last VVill and Testament;that they at...~~.~request,in Jl~r.presence,and in the presence of each other,subscribed their names thereto as witnesses;and at the time of the doing thereof said testat..~~was of sound,disposing mind,memory and understanding,to the best of the affiants' "'..........-......." knowledge and belief. J::~Sworn and Subscribed Before Me .~.n ~~a.~~ ·ll , • LAST WILL AND TESTAMENT I,ELIZA H.GRAYSON,of the Borough of East Washington, County of Washington and State of Pennsylvania,do make,pUblish and declare this to be my Last Will and Testament,hereby revok- ing any and all wills heretofore made by me. I. II FIRST:I give and bequeath the sum of Seven Thousand and nO/100 ($7,000.00)Dollars to each of my three (3)daughters, SARA GRAYSON HARRIS,ELIZABETH GRAYSON MURDOCH and LOUISA GRAYSON FERREE;said legacies of $7,000.00 each to be paid to them during the administration of my estate by my Executors hereinafter named, in convenient payments,during the period between my death and the settlement of my estate;the amount and time of said payments to be at the discretion of my said Executors. SECOND:I give and bequeath to my three daughters hereinabove named,in equal shares,all my household goods, furnishings,jewelry,silverware and personal effects,to be divided among them in kind.I direct my Executors,hereinafter named,to sell those things which my daughters prefer not to take in kind and to divide the proceeds among my daughters,so that each will receive an equal division thereof. THIRD:I direct my Executors hereinafter named,to pay all estate,inheritance and succession taxes upon the foregoing legacies out of the residue of my estate. -1- FOURTH:The rest,residue and remainder of my estate, of whatsoever kind and wheresoever situate,I give,devise and bequeath as follows: (a)One-third (1/3)thereof to my daughter,SARA GRAYSON HARRIS,her heirs and assigns forever. (b)One-third (1/3)thereof to my daughter,ELIZABETH GRAYSON MURDOCH,her heirs and assigns forever. (c)One-third (1/3)thereof to my Executors and Trust- ees,hereinafter named,and their successors,in trust,however, for the following uses and purposes: (d)To pay the net income therefrom to my daUghter, LOUISA GRAYSON FERREE,in convenient payments,preferably monthly, for and during her natural life,and upon her death to pay the principal of this trust estate to her children then living,and the issue then living of any deceased child,per stirpes,their heirs and assigns forever. (e)In the event that any of the children or the issue of a deceased child of my daughter,LOUISA GRAYSON FERREE,is a minor at the time of the death of my said daughter,I direct that the said minor or minors'share of this trust estate shall con- tinue to be a part of this trust estate until said minor or minors shall have reached the age of twenty-one,at which time they shall be paid their share of the principal of this trust estate. FIFTH:I authorize the Trustees of the trust estate herein created in Paragraph Fourth (c)to accept and take in -2- kind upon the distribution of my estate,any property,real,per- sonal or mixed,or any undivided interest therein,which I may own at the time of my death;to retain the same or to sell the same at their discretion;to invest and re-invest the trust funds in stocks,bonds,notes,mortgages and other securities,leases or property of any kind or character,real or personal,without being limited to those investments which are designated by the laws of the Commonwealth of Pennsylvania as legal investments for trust funds.In making such investments,my Trustees shall not be personally liable for any loss or losses unless such loss or losses are due solely to the wilful default of said Trustees. SIXTH:I further authorize and direct that the Trust- ees of said trust estate may accept in kind as part of said trust estate,any oil or gas leases,or any undivided interest in any oil or gas leases,owned by me at the time of my death,together with the material and equipment necessary for their operation, and continue to operate the same as long as it is profitable to do so.My Trustees may drill upon any lease owned by me at the time of my death where it seems necessary or is required by law, but they shall not drill upon any leases purchased by them after my death as part of this trust estate. SEVENTH:I further direct that all ordinary dividends declared as such,from time to time,upon the corporate stocks held in said trust estate,shall be considered as income and shall be distributed to my said daughter and shall not be apportioned or allotted to the principal of the trust.Provided, -3- .. II ..,, r however,that all extraordinary dividends whether payable in cash, stocks,rights to subscribe to stock of the issuing or another corporation,or otherwise,and the profits realized from stock either upon the sale or dissolution of the issuing corporation shall be treated in whole or part,either as principal of this trust estate or income as the Trustees,from time to time,in their judgment and discretion may decide and determine.I further direct that any and all capital gains,as defined in Section 117 of the Internal Revenue Code or corresponding provisions of future Revenue Acts,realized by the said trust estate,may be either distributable to the beneficiary herein or retained by the Trust- ees and added to the principal of the said trust estate,as the Trustees from time to time in their sole judgment and discretion may decide and determinee I further direct that any capital losses,as defined in Section 117 of the Internal Revenue Code or corresponding provisions of future Revenue Acts,sustained by the said trust estate may be either charged to the said beneficiary and deducted from income otherwise distributable to her,or charged against the corpus of the said trust estate without diminishing the income otherwise currently distributable to her, as the Trustees from time to time in their sole judgment and dis- cretion may decide and determine. EIGHTH:None of the beneficiaries of said trust estate shall have the power to anticipate or assign any payment of income or principal,nor shall the same be liable for their debts and obligations,or be subject to attachment,sequestration or other legal process.However,the Trustees,may in their sole dis- cretion and not subject to any direction or control of the I -4------------- •.. beneficiary or beneficiaries,encroach upon the principal of this trust estate for the purpose of buying a home for my daughter, LOUISA GRAYSON FERREE;for the education of her children;for any serious illness of my daughter or her children entailing unusual or heavy expense;or for some unforseeable emergency. NINTH:I direct that all estate,inheritance and succession taxes on the trust estate hereinabove created,shall be paid from the principal of said trust estate,to the same effect as if said taxes were expenses of administration,and I leave to the discretion of my Executors and Trustees as to whether to pay such taxes immediately,or postpone the payment of taxes on future or remainder interests until the time possess- ion thereof accrues to the beneficiaries. TENTH:I also give to my Executors and Trustees full power to sell and convey all my real estate at public or private sale,upon such terms and at such prices and at such times,as to them seem fit and proper,and to make and deliver deeds and con- veyances therefor,without seeking any permission or leave of Court,and to exchange or lease for any period of time,any real or personal property,and to give options for sales,exchanges or leases of real estate. ELEVENTH:I also authorize and empower my Executors and Trustees,as the case may be,to borrow any moneys deemed to be necessary and required in the interest,operation and preser- vation of my estate,or for the payment of estate,inheritance and succession taxes,or for the payment of administrative costs -5- ...,..... and expenses,and to pledge or mortgage any real or personal property therefor. TWELFTH:I appoint my daughter,ELIZABETH GRAYSON MURDOCH,and MARGARET M.LONG,as Co-executors of this will and as Co-trustees of the trust estate created herein in Paragraph Fourth (c);no bond to be required.In the event of the death, resignation,inability or refusal of Margaret M.Long to serve as r a Co-executor of this will,or as a Co-trustee of the trust estate herein created,I appoint the PEOPLES FIRST NATIONAL BANK &TRUST COMPANY,a corporation,domiciled in the City of Pittsburgh, Pennsylvania,as a Co-executor of this will,and as a Co-trustee of the trust estate herein created. IN WITNESS WHEREOF,I have hereunto set my hand and seal to this,my Last Will and Testament,this 1955. I ~day of September,-e:- Signed,sealed,published and declared by the above named Testatrix as and for her Last Will and Testament,in the presence of us,who,at her request,in her presence and in the presence of each other,have hereunto subscribed our names as witnesses hereto. -6-