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HomeMy WebLinkAbout2059_COOPER_ARTHUR_90_425_12-19-1959_02-10-1955r /fa JoS7l ARTHUR B.COOPER W ILL Dated:February ~,1955. And now J'anua ry 28,196M, it being a dj udged that said Will has been duly proved, it is hereby admitted to probate and ordered to be recorded,and Letters Testa mentary a re issued to Louis J.Cooper,in s aid Testa- ment named,who w as duly qua~~~t~d~~~~E~~~~~~' ATTORNEYS ;,ll~fii'-ste...• SO EAST CHERRY AVENUE WASHINGTON.PA. \1JTT.r·R00¥"90 P-"~~h25 • Appliration for Jrohatr of lItH of..A..!::.../b.kf..I:::73 ~(QQ.p.i.=::.f:. ........................................................late of '?Q.i::5t..!.h $..Tr..:J.!?.a.&..cM 7i:.f!..f!...:,Washington County, Pennsylvania deceased,and ~rant of iGrttrrs wr£itam.L'utary. REGISTER'S OFFICE, WASHINGTON COUNTY,}SS.: Before the Register of Wills of Washington COW1ty,personally appeared A.(2.,.I.~.<:;z;(f?.9..p.~j:::who being duly sworn says that..A..t::..ih.kJ.t:3..I.Cf2Qj2.e.r:.late resident of c./.1-'.....r7}.:JI r,~b '::J N £/i/J/),WI'0'C Pl'. .f /./S d'd..~:,.l...~.f :i"/o ,as llnt:>ton ounty,ennsy vama,a cItIzen 0 '4....Ie testate at.....)yQ$./zI.Ny:7.0I.II......!iC?.¥?.i..t:¥..l.......,.......on the......I.;i....day of.......lk.(;(;!Jt.A.~J::A.D.19.~!j. I 8 -,~ at....!.t o'clock..q m.,age :t leaving an estate of the estimated value of $?~..A20 . personalty,and $IOOa ~realty,said real estate being located in . ........,/fJ,P!.:t.I....~&Y'..IL ~.t...~.((~~.?P.f?N~(!1:z .. The decedent's legatees and devisees are as follows: NAME RELATIONSHIP RESIDENCE ." bl.214/S£ -_._-~------ I Testator has ?~#.i married and 2:?t.?children have been born since the execution of the will offered for probate. ~~,/'9"--. . .,. ..r (,0 -/'.'-.5PetltlOneIpraysthatthepaperwntmgfiledherewIthdated.........:t?:'. day 0 }M.!Y.A.D.19.60... .............'-~.J.Lff~··R;~~;;;··· mEy be admitted to probate as the last Will and Testament of said decedent,and to grant Letters Testamen- t ~::r:Coo -etarythereontoR::t1.t.5..e.:~1.:::.. whose postoffice address is I..p.??6.!..?j(,lJ:la.~~.i..5J.!!.?!.q:.:5.Ii.f...rY.~~&: . Sworn to and subscribed before me this ?Z . COMMONWEALTH OF PENNSYLVANIA,} WA8HINGTON..~.:gNTY'88.:___who :'::g:::~_.:~;~:::~·::;-;~a:.::~~".:::~::I:~::~~:::::::;~~:t: tels,rights and credits of..A:r.:.~,,/.:.f1.e;,.a;Jl..~f.;:deceased, to the best of ..!J:6.r...skill and judgment in strict compliance with the laws of this Commonwealth,mind- ful of the laws relating to inheritance taxes. da _/(]//(7~";Y'/~ 0) » f'\~I'\~'"} ,...., OJ~~ r''L f-'0 ....:0 V)\)~Ki ....., r _r..:0:::,..;~ ~~~ lS3J J/.N 28 Ai~10:51 ~~~t ..cJ JAhi E~;H.D(1UG1./\(:,~r v ~4-'r,r ('\.:T.1 ',"'ll Il l C ~cd II''l,.\I"_.,) l-<0 -:.-.I',I \Cir~1 ).[:RK 0 C. ~0 rJJl-< V V 0 \)~; 4-'4-' ro 4-'4-'~~V ~ ~0 ~ W ILL I,ARTHUR B.COOP~R,of Washington,Pennsylvania,do hereby make and declare this my Last Will: 1.All of my Just debts and my funeral ex- penses shall be paid as soon after my decease as convenient. 2.All the rest and residue of my estate I devise and bequeath to my wife,Louise J.Cooper,if she is living and if she is living I appoint her executrix of this will.If my wife has predeceased me,however,I devise and bequeath my entire residuary estate unto Peoples First National Bank and Trust Com- pany,a banking institution with its principal offices in Pitts- burgh,Pennsylvania,in trust,however,for the benefit of my children born of my marriage to Louise J.Cooper,under the following conditions and for the following purposes: (a)The said Trustee shall manage,in- vest and reinvest my entire estate and shall pay the income there- from to the person who has custody of my children at the time in monthly installments,if possible,but at least quarterly,for the maintenance and education of said children.It is my intention that the children will live with some of our people,but if it becomes necessary,the Truotee shall arrange for a proper person to care for said children and shall pay whatever is required to obtain such care.It is my intention and I direct that the children be raised together and treated as a family in so far as possible. (b)The Trustee in investing my estate shall not be limited to so-called legal investments as now defined or hereafter defined by Pennsylvania law,but shall have complete discretion in investing said fund in order that the fund produce as much income as shall be consistent with safety and prudence. (c)In the event that income is not sufficient to maintain and educate said children,I direct that the Trustee shall be authorized to expend principal in such amounts as the Trustee shall deem necessary,and the Trustee shoul not hesitate to use principal in the event of sickness or other emergency where the use of money would be helpful.It is my in- tention that the children be treated as equally as possible,but they shall be treated as a family and the Trustee may expend more money for the care of one child t han for another child if it is necessary because of illness or because there is some sound reason for expending more money for the care of one child more than an- other. (d)The Trustee shall be authorized to retain any property I own at my death or to sell and convey any property which I own,real or personal,at public or private sale, for such price and upon such terms and conditions as to it seems wise and shall be authorized to make,execute and deliver deeds or documents of title for said property the same as I could do if living. (e)The trust fund described herein shall not be subject to assignment or sale by any beneficiary thereof,nor may it be attached or executed upon by any creditor of any beneficiary as a result of any proceeding at law or in equity as it is my intention that the trust fund shall be kept in tact for the purposes already mentioned and for no other purpose. (f)When the children or anyone of them shall have reached the age at which he or she may decide to go to school away from home or when the Trustee deems it wise, the Trustee shall be authorized to pay income directly to such child in such amounts as shall be dictated by the circumstances existing. (g)The trust shall thus continue until my youngest child reaches twenty-one (21)years of age,at which time the trust shall cease and the balance of the trust fund,if - 2 - any,shall be divided equally among my said children.If any child shall be deceased without issue,the share said child would have taken shall be distributed to the surviving children in equal portions but if any child shall be deceased leaving issue, the share said deceased child would have taken shall be distribute to his issue in equal shares. 3.In the event my wife has predeceased me, I appoint Peoples First National Bank and.Trust Company executor of this will,and I authorize my executor,whether my wife or said institution,in the discharge of its duties to retain:any propert which I own at my death or to sell any of my property,either at public or private sale,for such price and upon such terms as the executor deems wise,and to make,execute and deliver deeds or documents of title therefor the same as I could do if living. In the event my capital stock of Jessop Steel Company is sold,I request but I do not direct my executor or Trustee to offer said stock in equal proportions to the President,Secretary,Treasurer and the Vice-Presidents of said corporation at the then market price defined as the average between the bid and asked price on the date in question,and extend to them a period of ten (10)days within which to purchase the same.Any stock not so purchased may after said ten (10)day period,be sold to any person whomsoever. In Witness Whereof,I have hereunto set my hand and seal this IO~day of February,Nineteen Hundred and Fifty-five (1955). - 3 - We,the undersigned witnesses,subscribe that while we were in the presence of Arthur B.Cooper we did witness him sign the above instrument and declare it to be his Last Will. -' Q!ommnumraltl1 of Jrnu!iyluanta , Iht.al1iugtnu mnuuty..a.a: 1riR..Q..,before.me ~.iI.JJ2r :.Registe for the probate of WIlls an»rantmg L ers of AdmmIstratlOn wIthin and for smd county,came . ................l1a&1:17J a.m ..~e~~.:::?~.~.~.~~~.~.~.~~~.~~~.~.~.?:.. ........................................................:77.~::jJ'the subscribing witnesses to the foregoing attached Will of .......0.1!.!21&./v.i1.¥"'................. deceased,who,after being duly qualified according to law,depose and say:That they were present at the eX'i'ttion of said Will-saw the testat~"'"tbe same-he"'d...~Publish it as and for ..#v.:k .last Will and Testament;that they at...~request,in k presence,and in the presence of each other,~ubscribed their names thereto as witnesses;and at the time of the doing thereof said testatdJ.!.Y.:was of sound,disposing mind,memory and unqerstanding,to the best of the affiants' knowledge and belief. 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