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Home My WebLink AboutOC1968-1577 - ESTATE OF CALABROr-----------------------·~~--~·----~--~--------------------------------~--~~~~-------- -/ Testate Form PETITION SUR AUDIT IN THE ORPHANS' COURT OF WASHINGTON COUNTY Estate of ... ~?.~~~~~-~--~-·---~~~~~~~---············---················--No ...... 9J.:-.9.~.:-J.?.?.?. ................ ~ ....................... . Fiduciary .. ~~~~~~--~-·---~~-~~?.!:~:-~~~---··················· .. J!J.:g~P.!-!X8h...~.CJ.tJ.9.IJ.CJ.:J.. .. ~.?.I.1~ ............................. . Deceased Date of Date of . · . Decedent's death ..... ~.?."Y.~-~~-~E .. ~?.J ... ~~?.~ .......................... Grant of Letters .... : ... P.~-~~I_I!~~~-J?.~ ... 19.~!L ..................... . This is the.~_.fJX.l?L.CJ.IJ..<;l __ .fJ.rJ.CJ.L ......................................... account filed in this estate If there have been former accounts filed in this estate, list file number or number and term ................................... . . . .................... N~~~ .. f.J.:J~~---·················---: ......................................................................................................................... . Election to take Date Election Place of; Under or Against will. (cross out one) Filed ·····----------------············· Record ......... c ••..•••.•••••••••••• Name of surviving spouse ..... ~~E.8:~E-~-~-i-~~---<;:_<;~:~~~E~ .......... , ....... .".' ........... ~------·------------------------------------------·--------·-······· List issue, where material: Robert P. Calabro · · · Did deceqent marr~ after execution of will? (indica·~e) Yes. No. Any children born after execution of will? (indicate) lflcfo:( NC?. )If answer yes, name them ..................... ~---·································------·------·--------·····-------------·····-------------------··--··· Leg.atees 1 I Margaret, R. Calabro Dominick C. Calabro Robert P. Calabro Margaret Jean Calabro Pittsburgh National Bank List, if exceptions to above: If partial intestacy, give facts: Adeemed: Relationship Wife Son Son Daughter None Revoked: Interest Life Tenant Remainderman Remainderman Remainderman Trustee Lapsed: Fiduciary, if deceased or not sui juris Abated: Give Cause: Notice to interested parties. Have all parties, having either·vested or contingent interests and all (:rediors entitled to notice (Court Rule No. 9 paragraph C: Section 6: Subdivision c) received written notice of the filing of the account and of call of audit? Yes. No. If any exception give cause: ............................................. . File copy of Notice and date of mail-ing ......................................................................................................................................................... . Is estate subject to the filing of a Federal Estate Tax Return? ........... X~~L ................................................................... . Actual payment made on Pennsylvania Transfer Inheritance Tax. Amount $ .. L.$.9.9 .•. 9.9 .......................................... . l If the Will makes any portion of estate subject to a life-estate,·give nome and birth date of life tenant ..................... . .. I1~E&~E~!:: .. R.-___ g~1~!n;~---···Q~-~~!:?~I; ... U.L.J~.q __ ......................................................................................................... . Give Names and addresses of all unpaid creditors who ore legally entitled to notice, tog·ether with the amounts of such claims; state whether they ore admitted to be correct; and whether the claim is denied. Give reference to such ports of the will as require interpretation by the Court; a reference to all questions re- quiring adjudication, and a statement of any other facts deemed necessary for the preparation of the adjudication: Pf~~~~ '---a a ~ Balance for distribution per account, Itemize any additional debits not shown by account: Income: Interest -Short Term Investments· GMAC Shqrt Term Loans $9,ooo.qp -t 9 12/30/71 $9,000.00 -tq 2/11/72 I, I r: $51.90 39.45 Principal -Personalty Income -Personalty 91.35 11,185.16 2,998.73 $:..:::.::;.:.:.--· ..... :::' ........ I Y o97r <[1{ c__, Total additional debits (AdC:I) Itemize any odditiolibl cred}ts not shown by account: $ .. 9J .35 --------------------------····· jt1 -/'/.~-, Vf{, L Principal: Amount reserv~d re delivery of securities 1972: Penna. Dept. of Revenue-1971 Penna. Feb. t 7 Income Tax'· 1 ::-· :; Norma '-Jean· P'ees-Affidavit to this Petition Income: 1972 County Personal·Property Tax · · .. Pa. Dent • .of Revenve-1971 Pa Io.comS! Tax Total add1t1ona1 cred'lts (;)uofractJ nttsburgh ~at~onal Bank-Executor's Compensation Balance for distribution $20.00 43.49 -..;..;· 7..;.5 ' 64 • 24 .04 $--~~~-~~----················ 5. 48 16. ~ ----r If balance for distribution is not in cosh, list each item held in kind, giving appraised Value (or distribution Value); Items held in kind : Principal -Personalty .... : Stocks: Chartiers Area Development Corp. 2 Shares Conunon DC Transit Systems, Inc. Class A 2 Shares Conunon Ventura International Co. 1 Share-~Conunon Webb and Knapp, Inc. 300 Shares Conunon Miscellaneous Automobile, Truck and Jewelry 1.00 1.00 5.00 45.00 52.00 1,718.50 1,770.50 If Family Exemption claimed by Petition, give place of Record: .................................................................................. . If Family Exemption is claimed at audit, give name, relationship and basis for Claim: ............................................... . List any advancement or distribution on account that has been made, and nature and amount of same: To: Margaret R. Calabro per Item Second of Will: 1965 Ford Thunderbird Coupe -advance distribution 2/11/69 1948 Ford F-5 dump truck -advance distribut.ion 4/21/69 One lot miscellaneous jewelry -advance distribution 9/10/69 To: 'Margaret R. Calabro -Income-Personalty Cash distribution 2/10/71 and 2/19/71 1,500.00 200.00 18.50 2,000.00 3,718.50 Suggested distribution of balance shown, both as to principal and income, attaching signed and itemized elections to take in kind if balance i!? not in cosh: residuary shares being stated in proportions: To: Margaret R. Calabro-: Principal -~~rsonalty .. Stocks ' ChartiersL Area Development Corp. 2 Shares Common DC Transit Systems, Inc. Class A 2 Shares Corranon Ventura International Co. 1 Share · c·ommon Webb and ~app, Inc. 300 Shares Common Miscellaneous -Delivered Automobile, Truck and Jewelry 1.00 1.00 5.oo· 45.00 52.00 (Credit to be taken for advance distribution) Cash 1,718.50 9,350.42 Income -Personalty Advance distribution 2/10/71 and 2/19/71 Cash on hand COUNTY OF WASHINGTON, SS: COMMONWEALTH OF PENNSYLVANIA. The above named Fiduciary or representative thereof, being duly .......... f?:W..9X.U .................. doth depose and say that the facts set forth in the foregoing petition are true to the best of ....... ~:h~--------------------knowledge and belief . .............. ~W9.:r.~L ...................... to and subscribed before me this ....... l'lthday~'~f.·.,· . .-.: ...... Ma.y ................... 19 . .?.~--. '.-·y-:;pi:·.'.' ~~-' .g Signature of Offi~~r-~-~-~---·_g.g__,.v ~ ....... ...~ .. . ·" , ~-------------· Title of Offic~r ..... ~.c?.t:.CJXY ... ~.l.!.l?.t~.S: ................................ . Office . -~ . , "' --. .' • Jt.i\N pt.t.S exp1 res: ................. --~ .... -~~Q.9M~ .•.•..... ·was1riiir.t~!'.Jl9: ••• • P h\'c ''JasniM,ton. 29 197~ ~otarv \h ' .' £.'/.pites oecembet ' -n'"SIOI'I ~~~·, c~~~~~ ,.) 2,000.00 983.56 2,983.56 $14,104.48 And your petitioner will ever pray, etc. .. .P.IT.TS.B.URGH .. .NA'IIONAL .. BANK ..................................... . ... BY. .. ~~.Clt~ ......... . Assistant Trust Officer /' No 63-68.;.15 77 . .. .. ----.............. -....... ---........ -........ -------.......... -................. ------- Estate of ... P.9.m~n~£k:Jl~---Calabro ............................................... -.............. . Deceased Fiduciary ... RRP.~r1 .. f ..... ~i!J~.Q_r;g ___ ~n.9-____________ _ _______ r.i:.t.t.~J?y_r;g_q. ___ ~?-~J-~-~?:~---~~mk ________________ _ PETITION SUR AUDIT FROM WHERE DECEDENT LEFT A WILL Counsel of Fiduciary will submit herewith the following, in conformity with Court Rules adopted effective December 3, 1951, being rule No. 9: pa rag ra ph b-e; and divisions · thereof: shown on pages 23-24. 1. Written praecipes of all Counsel in the case. 2. Copy of order appointing Guardian ad litem, if pertinent. 3. Copy of Order appointing Trustee ad litem, if pertinent. 4. Proof of service of above. 5. Letters Testamentary or Administration C. T. A. or an attest copy of Wi II. 6. Copy of inventory and appraisement. 7. Proof of advertisement of grant of letters if not filed with account. 8. Certificate of liens in case any of the funds for distribution are from judicial sale of real estate. 9. Signed and itemized elections if any distribution in kind. 10. Copy of Federal Estate Tax return if es- tate is subject thereto. -~~~~~~-~--~-~--~~-~-t::~E-~-~-~-l ... 1?.1?.9.'!.~-~-~-------------· Attorney ~2 ,-~ \ l .. \'"' r· , l ~.. ' i ! .. ~. _., .f ~ ll .Jtl\~. G ? \"\ 3 03 RUSSEL'-l11 ·.H\HO P.EGIS1t.r, Or WILLS V!~~S\-\INC10N CO .• PA. ,\ ,~,·,H·I Lofl·r \~' #' ,, .. ,, tJ \\ " I , ......... ~ ....... . .;;: ~ ' .· ... ..!' ......._ ....... •• .. ~........ ( ~ '.. ' \ ( ::.,.:); () r :! m: I~ J ~.-1::~ ..-: l --==-~·. '1:.:. ' -! ·:. •• <f • .... ,-() -~_'.(:'-..... ·... .· ·,.;: r? ... ·,:. •·• /·~ .. I·~ i • 1 • 4 ° • • .. \ • ~ . ~--------~---.......-------------------..... ----~~~~~~~~~ • C!tnmmnnntta:lt4 nf Jruusylua:uia:,} !l!l. 'lhtn~tugtntt cnnuuty; • KNOW ALL MEN BY THESE PRESENTS: Whereas, at Washington, in the County aforesaid on the 17th • day of December A. D. 19 68 , before me, Russell Marino , Register for the Probate of Wills and Granting Letters of Administration in and for the County of Washington, in the Commonwealth of Pennsylvania, the last Will and Test§lment of J Dominick c. Calabro,A/K/A D. c. Calabro,A/K/A D. c. Calabro,Sr. late of Borough of Canonsburg in the County aforesaid, deceased, (a true copy whereof is to these presents annexed), was duly admitted to probate; and Pittsburgh National Bank and Robert P. Calabro the Executor a in said Will and Testament named, having appeared before me and taken and subscribed the oath of office prescribed by law; NOW, THEREFORE, I, Russell Marino , Register as aforesaid, do grant these LETTERS TESTAMENTARY, unto the said Pittsburgh National Bank and Robert P. Calabro committing unto Them the administration of all and singular the goods and chattels, rights and credits, which .were -of said deceased, and requiring . Them to .exhibit a true and perfect inventory thereof into the Register's Office, at Washington, within ninety days from the date hereof, and to render a just and true account of said adJ?inistration at the expiration of six months from the date hereof, and to regard and comply with the provisions of the laws of this Commonwealth relating to inheritance taxes. IN TESTIMONY WHEREOF, I have hereunto set my hand and the seal of ~aid Office at Washington, this 17th. day of December m the year of our Lord one thousand nine 'hundred and Sixty Eight /:) -~- .............................. 1/1.?:.~.~ ..... &~~---· Register ~-. . ,\ • • N . •' ,·_ .. --.·:.; • •:: ""~----~~-.:.'~· ... ;.,_:.---··h-·.;;., . .:.:.-~-<~"--·~---.:..-:..-... -·---"'--~-~-··-· ... ...:.."~ ... ~ .... ~ .... "-·-----»f-........ ......,. .... ·-~"'-.... -..,. .. --~ ,. - LAST WiLL AND TESTAHENT I, DOHINICK C. CALABRO, of Washington County, Pennsylvania, being of sound mind and memory do make, publish and declare this my Last Will and Testament, hereby revoking and declaring null and void any and all Wills and Codicils by me at any time heretofore made. FIRST: I direct my Executor to pay my .debts, the expenses of my last illness and my funeral expenses. SECOND: I give and bequeath all my jewelry, automobiles, clothing and other purely personal effects, as well as all household goods and equipment which I may own, to my -.:·life, HARGARET R. CALABRO, if she survives me. In the event my wife fails to survive me, I give and bequeath the aforesaid items to my then living children, to be dis- . tributed among them as they shall mutually agree, or in the absence of such agreement, as my Executor, in its sole discretion, shall deem advis- .able, making such distribution in as nearly equal shares as possible. THIRD: If my wife, MARGARET R. CALABRO, su~vives me, I give, devise and bequeath to PITTSBURGH NATIONAL Bk~, Pittsburgh, Pennsylvania, as Trustee, under that certain Revocable Life Insurance Trust Agreement dated I r\'\L.\.\ \ _)..-(\ : t q by' and actually executed by me prior to the execution of ..• A this Last Hill and Testament and as the same may be amended from time to time, so much of my estate as will afford my estate the maximum allowable marital • • deduction under Federal Estate Ta.'C Laws \vhen this share of my estate, so given, is considered with any and all other property of mine passing or which has passed to my wife under the provisions of this Will or otherwise, and which other property is included in the marital deduction allowed my estate. There shall be excluded from this devise and bequest any assets which do not qualify for the marital deduction. The property thus bequeathed shall be held as the ~~rital Trust under the terms of said Agreement. In the event my wife and I should die either simultane- ously or under circumstances which do not afford sufficient evidence as to who was the survivor, it is my intention that it be presumed that my wife survived me. FOURTH: All the rest, residue and remainder of my estate re- maining after the pay~ent of taxes as hereinafter provided, I give, devise and bequeath to my said Trustee to be held as the Residuary Trust under the Revocable Life Insurance Trust Agreement referred to above. FIFTH: If for any reason the said Trust Agreement is ineffec- tive as a trust at the time the assets of my estate are to be added to it, then the pro~erty herein given, devised and bequeathed to PITTSBURGH NATIONAL BANK, as Trustee under such Trust Agreement shall be held by it in trust in accordance with the provisions of the said Agreement in its form immediately prior to the execution of this Last \Vill and Testament. SIXTH: In addition to the powers conferred by law, my Execu- tor shall have the follmving discretionary powers: -2- --,.... ~ ' ~-...... ---•. . ---.... -.. ~· .__., .. _.... ~ , . .,,.. .... ....,. .. ....,..,.. . _;.__ -~ ' .__--.... ·--. '-,· I t I . -• • A. To retain as part of my estate any property received he.reunder, without any duty of diversification, and which shall speci;fi- cally include any stock which I may own at my death in PITTSBURGH NATIONAL BANK. B. To invest and reinvest the principal of my estate in stocks, bonds, mortgages, securities or other property, real or personal, without being limited to the classes of securities or investments in which fiduciaries are by law authorized to invest funds. c. To sell, exchange·, lease, encumber, option or otherwise dispose of all or any portion of my estate, real or personal, in such manner and upon such terms and conditions as shall be 9eemed advisable, and to make, execute and deliver deeds, mortgages, leases, assignments and other documents necessary to effectuate any powers herein granted and which shall specifically include the authority to grant leases extending beyond the per- iod authorized by law. D. To make distribution of my estate in kind, in cash, or partly in kind and partly in cash and to this.end, allocation of assets in kind shall be in the sole discretion of my Executor. Assets distributed in kind in satisfaction of any pecuniary distribution under the terms of this ~-Till shall be distributed at their values. on the date or dates of distribution. SEVENTH: I direct my Executor to pay ~ut of the principal of my residuary estate all Federal Estate, State Inheritance, Estate and Succession Taxes imposed upon or with respect to my estate or any -3- l I I ! l I '1 1ll Ill ~I l' ,., h ·: t: !l' 'I I I i r I I ' f I ; t f f • ' ' I .- '·· ·-···- . ~ ' .... .. . property in which I may have an interest, including any property not forming a part of my testamentary estate but included in my gross estate for tax purposes, except any property over which I have a taxable power of appointment in. the event it shall be held that I have not exercised such power of appointment in this Will, at such times and in such manner as my Executor in its sole discretion shall deem advisable, and no such taxes or any portion thereof so paid shall be collected from or paid by any other person, persons, or corporations by way of reimbursement, proration, apportionment or othenvise. JJe.e. EIGHTH: I name and appoint,PITTSBURGH NATIONAL BANK, Pittsburgh, Pennsylvania, Executor of this, my Last Will and Testament. NINTH: I appoint PITTSBURGH NATIONAL BANK as Guardian of any property which passes to a minor and with respect to \<!hich i: am authorized to appoint a Guardian and have not otherwise specifically done so, granting it in this capacity the power to agree to any distri- bution of the said property that it deems advisable; the po\ver to retain any property, real or personal, received by it in kind and the power and authority to sell the same upon such terms and conditions as it believes advisable, giving good title to any real estate thus sold; and the power .and authority to invest in such stocks, bonds_and/or other investments it deems advisable, without being limited to those investments in \vhich guardians are by law required to invest minors' funds; and the pmver and authority to disburse to or for the benefit of the minor wards so much of the income and the principal of the minor's share of the said property as it, in its sole discretion, deems advisable for the minor's comfort, maintenance, support and complete education, including preparatory, college -4- ••t ... . . ~~--~-~.~~·! •. •-~-.~--;1 ----·--' I '~' .,.. ..... \-. . ··::~ ·~... • .. ... and post graduate or professional training, and t~ aid the minor in the event of any illness, injury or other emergency affecting the minor wards wherein money is needed •. Any disbursements hereinabove authorized may be made to the parent, guardian or such other person as may have custody of the person of that minor at the time such payments are made, without lia- bility on the part of PITTSBURGH NATIONAL Bfu\~ to see to the application ·, of said payments by the payee, and the receipt of any such person shall be a full acquittance of PITTSBURGH NATIONAL Bfu~ as to any amount so paid. ·19/(. WITNESS my hand and seal this __ ;z_CJ __ day of . <"?;Jj g Signed, sealed, published and declared by the above named Testa- tor, DOHINICK C. CALABRO, as and for his Last Hill and Testament, in the presence of us, who at his request, in his presence and in the presence of each other have hereunto subscribed our names as witnesses. ? I Address Address Address -5- . . .. ~ .... :·, ·' ~ . ' . ·. · . ! r f I ! I • \ ! f J ~ t t i· . f f l· ~ r I. ., INVENTORY DOMINICK C. CALABRO, a/k/a of all real and personal estate of ................ J?.~ ... 9.~ ... 9.~~-~Q1. .. ~/~~-.P.·~---~~ ... 9.~~.9.L~~-~ ....................... deceased, late of ......... .?.?..?. .. ~h-.<?.!:!}~~.9.<?.~ .. P.r:tY.~ ...... iltmet ....................................................... City ............................................. Ward .................................... 9.~9P..~-~"!!rg .............. Borough ..................................................................... Township, Pennsylvania. PERSONAL ESTATE SCHEDULE 33 Shares Allegheny Airlines Inc., Common $ 1.00 Par Value @ 20 1 Share Alleghe~v Ventura Corp., Capital @ 5 100 Shares Andy Gard Corp. , Common @ 6-5/16 2 Shares Chartier~ Area Development Corp. @ 30 Shares D. c. Transit System IncG, Class A Common $ 0.20 Par Value @ 5-1/8 50 Shares Eastern Air Lines Inc., Common $ 1.00 Par Value @ 29-1/2 100 Shares EXquisite Form Industries Inc., Class A Capital 660.00 5.00 631.25 1.00 153.75 1,475.00 No Par Value ·@ 8-1/8 812.50 20 Shares Northeast Airlines Inc., Common @ 20-3/4 415.00 30 Shares Fan knericran World Airways Inc., Capital $ 0.25 Par Value @ 24-3/4 Dividend paid 11/15/68 33 Shar~s Randy Industries Inc., Comm.on @ 4 Cash in lieu of fractional share 10 Shares Trans Caribbean Airways Inc., Class A $ 0.10 Par Value @ 14-5/8 300 Shares Webb & Knapp Inc., Common $ 1.00 Par Value @ 0.15: Pittsburgh National Bank, Canonsburg Office Certificate of deposit No. 724 dated 8/2/66 in the face amount of $10,000 due 8/2/69 with 5% Interest Chartiers Savings & Loan Association Savings Account No. 294 First Federal Savings & Loan Association of Washington SavinR:s Account No. 24346 Mellon National Bank & Trust Company, Canonsburg Office Savings Account No. 66-2136 Pittsburgh National Bank, Canonsburg Office Savings Account No. 22443 fiTP 742.50 132.00 5.00 146.25 45.00 10,000.00 10,455.06 2,528.17 1,927.45 4?8.58 j •· ... . DOHINICK C. CALABRO, a/k/a D. C. CALABRO, a/k/a D. C. CALABRO, SR. Reliable Savings & Loan Association of Bridgeville Savings Account No. 5169 Slovenian Savings & Loan Association of Canonsburg Savings Account No. 243 5 1965 Ford Thunderbird Coup, Serial No. 5Y832104258 (as per appraisal on file \'lith Executors) 1948 Model Ford F-5 Dump Truck (as per appraisal on file with Executors) Jewelry (as per appraisal on file with Executors) Metropolitan Life Insurance Company Proceeds from Policy N:o. 123471616 Page # 2 1,099.?4 6,906.21 1,500.00 200.00 1H.50 317.25 $ 40,655.21 VINVA'USNN~d NI ~.LV.LS~ 'IY.!IS: ~"'.Cl<r.UIOS ~V.LS~ 'IY.!IS: •.---- ' .. .. ;;: REAL ESTATE SCHEDULE REAL ESTATE IN PENNSYLVANIA 16.06 acres of vacant land, consisting of 2 parcels separted by Route 79, Johnson Road, North Strabane Township, Washington County, Pa. Equity in lot 150 x 480 or 1.65 acres of vacant land on Private lane off West Pike Street, Chartiers Town- ship, Washington County, Pa., being purchased by decedent from John A. Harrison et ux under terms of Article of Agreement dated May 8, 1967 None !v!EMORANDUM OF ID~AL EST ATE OUTSIDE THE COl.fMONWEALTH OF PENNSYLVANIA $ 6,700.00 4,714.45 $ 11,414.45 ~ Co ~ ~ ~ AFFIDAVIT OF EXECUTOR OR ADMINISTRATOR STATE OF PENNSYLVANIA l SS.: COUNTY OF ALLEGHENY ~ Personally before me, the undersigned authority, a Notary Public in and for said County and State, appeared Chas. E. Enlow, Assistant Vice President, Pittsburgh National Bank and Robert P. Calabro who, being duly sworn according to law, depose and say that PITTSBURGH NATIONAL BANK and Robert P. Calabro are the Exe cutorsacx ~ of the estate of DOMINICK C. CALABRO, a/k/a D.C. CALABRO, a/k/a D.C. CALABRO, SR. deceased, that the foregoing schedules constitute a complete inventory and appraisement of the real and personal estate of· DOl.UNICK C. CALABRO, a/k/a D.C. CALABRO, a/k/a D.C. CALABRO, SR. deceased, except real estate outside the Commonwealth of Pennsylvania, that the figures opposite each item of real and personal estate in the foregoing schedules are determined and stated by the undersigned to be the fair value of said items as of the date of the decedent's death. Pittsburgh National Bank _Sworn and su~ribed before me ) this ~day of ~A 19£.7) ~Ja: K£ __ 7 Notary p bl' MABEL E. RUTAN u l c NOTARY PUBLIC WASHINGTON, WASHINGTON COUNTY, PA. M'l COMMISSION EXPIRES FEBRUARY_ l. 1973 .. a) 1""'4 ~ 0 ~ .... ~ ~ ~ ~ t; ............ ~ ~ \ ~ ~ ~ ~ 0 ~ z ~ > z t-1 ~ 0 ~ ES rn ril • ~ .. ) ) .oo: , ...... ~ trl! ........... <t! : 'tl "'~!~ t~~oo: Gl 0 •U ;QI t:t: •:Q ~0! ~ .: <z: t=li 0 : td: ·~ o~: ~~ 0 : H ..: ZOi ~Iii! 0 <l!: 0~! c.:>j •: o: .. o: Executors XIX~ "! I \ \ :_ . \ ~-F I L E"-1J, . ' ~ •fig ncr zo PH 3 jj "' u· : '"': ;;· ·:' , 1~ r ~'"" ,.:;--1· .: ~;0-; n · '0·~,. t-L\· ~· ni ~~: n f't · ~irGI-STEH OF VviLLs ~,\SH-If{GTON CO .• PA: ........... ~ n ~ ~ I 0 0\) t--.' ~ Q) S! Q): t'-' >: ,.....j ll: <l!: C""\ !1): : IJ'\ • .-~: s:::: r-1 Hi Oi ;:j: !1): .Q; Hi .! tl:l, G>• "' .... Co-!' 1'\. ~! Cf-l! ..... : Q): "' •: "':): b() ,_,. , H ..... : ..s::: ;:j r-li ...,: .n G>: H: !ll Gtl: o: s::: ..s::: z: 0 o: : s::: :rl: C\li ro ;a;: ,.;: 0 ' . :>. ' G> rn S:: rn ' . ~ Q) "0 : 0 ~ Q) ~ +" "0 ~ & < ~ ~ ,, TR-2 REV . .8·62 0 .• IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION ESTATE OF DOMINIC C. CALABRO, ALSO KNOWN AS D. C. CALABRO, ALSO KNOWN AS D. C. CALABRO, SR., DECEASED FIRST AND FINAL ACCOUNT OF PllTSBURGH NRTIONRL BRNH AND ROBERT P. CALABRO EXECUTORS NO. 80760-0 PITTSBURGH, PA. DECEMBER 15, 1971 SUMMARY SCHEDULE A PRINCIPAL -PERSONALTY Receipts Pages 3, 4 and 5 $41,866.86 Amount transferred from Principal-Realty 13,761.20 $ 55,628 06 Disbursements Pages 6, 7 and 8 Balance Receipts SCHEDULE B INCOME -PERSONALTY Pages 9 and 10 Disbursements Page 10 Receipts Balance SCHEDULE C PRINCIPAL -REALTY Page 11 Disbursements Amount transferred to Principal-Personalty Balance $ 0.00 13,761.20 NET BALANCE $ 44,442 90 3,919 61 1,010 88 $ 13,761 20 13,761 20 $ 11,185 16 2,908 73 0 00 '• DOMINIC C. CALABRO I TR-2-A REV. 9-62 ' THE BALANCE CONSISTS OF THE FOLLOWING: I PRINCIPAL -PERSONALTY I Stocks ' Chartiers Area Development Corp. $ 2 shares Common 1 00 D C Transit Systems, Inc. Class A 2 shares Common 1 00 Ventura International Co. 1 share·Common 5 00 I Webb amd Knapp, Inc. ool 300 shares Common 45 00 $ 52 I I Short Term Investments General Motors Acceptance Corp. Short Term Loan 9,000 00 Miscellaneous Automobile, Truck and Jewelry Delivered See Exhibit No. 1, page 12 1,718 50 $ 10,770 50 Cash 414 66 $ 11,185 16 INCOME -PERSONALTY Cash -Distributed ;> See Exhibit No. 1, page 12 $ 2,000 00 - " Cash -On hand 908 73 2,908 73 $ 14,093 89 . -2- ' -·-~-·-·· .. ··-----···--... --.. ··-----. DOMINIC C. CALABRO TR-2-A REV. 9-62 ' SCHEDULE A PRINCIPAL -PERSONALTY RECEIPTS 1969 Oct. 20 Inventory filed $ 40,655 21 Additional Assets 1970 Mar. 4 Proceeds from sale of Elgin boat and trail- er, being a later discovered asset $ 100 00 1971 I Feb. 16 c & C Development Co., Inc. - Reimbursement for funds advanced to corporation 500 00 6oo 00 Assets Purchased General Motors Acceptance Corp. Short Term Loans, as follows: . 3/17/69 $11,000.00 5/17/69 16,000.00 6/19/69 14,000.00 11/14/69 33,000.00 1/5/70 34,000.00 2/6/70 11,000.00 3/11/71 3,000.00 11/17/71 9~000.00 $ 131,000 00 General Electric Co. Short Term Loans, as follows: 3/17/70 11,000.00 6/10/70 10,000.00 1/4/71 10,000.00 36,000 5/6/71 5~000.00 00 Ford Motor Credit Co. Short Term Loan - I 8/20/69 19,000 00 I $ 186,000 00 Cash disbursed to purchase above assets 186,000 00 0 00 Stock Dividends 1968 Dec. 23 2 . 90 shares D. c. Transit System, Inc. Class A Com. received as a stock distri- bution on 10 shares Trans Caribbean Airways, .Inc. Class A Com. $ 1 00 23 2.50 shares D. C. Transit System, Inc. Class B Com. received as a stock distri- bution on 10 shares Trans Caribbean Airways, Inc. Class A Com. 1 00 2 00 -3- DOMINIC C. CALABRO TR-2-A REV. 9-62 Gain on Sale and Conversion of Assets '1969 Jan. 13 Cash in lieu of 0.90 share D. c. Transit System, Inc. Class A Com. received as part of a stock distribution on 10 shares Trans Caribbean Airways., Inc. Class A. Com. at 6.00 $ 5.40 Carrying value 0.00 $ 5 40 30 Cash in lieu of 0.50 share D. C. Transit System, Inc. Class B Com. received as part of a stock distribution on 10 shares Trans Caribbean Airways, Inc. Class A Com. at 6.00 3.00 Carrying value 0.00 Feb. 7 Proceeds sale 100 shares Exquisite Form Industries, Inc. Class A Com. at 10.125 1,012.50 Carrying value 812.50 7 Proceeds sale 33 shares Allegheny Airlines, Inc. Com. at 29.25 965.25 Carrying value 660.00 11 Proceeds sale 30 shares Pan American World Airways, Inc. at 27.125 813.75 Carrying value 742.50 June 10 Proceeds sale 33 shares Randy Industries, Inc. Com. at 4.75 156.75 Carrying value 132.00 Conversion of Assets without Gain or Loss Withdrawals of savings accounts, as follows 1/14/69 -First Federal Savings Association of Washington #24346 and Loan Carrying value 2,528.17 2,528.17 $ 1/15/69 -Reliable Savings and Loan Asso- ciation of Bridgeville #5169 1,099.74 Carrying value 1,099-74 1/20/69 -Slovenian Savings and Loan Asso- ciation of Canonsburg 6,906.21 Carrying value 6,906.21 3/11/69 -Mellon National Bank and Trust Co., Canonsburg Office 1,927.45 Carrying value 1,927.45 4/16/69 -Pittsburgh National Bank, Canonsburg Office Carrying value -4- 3 00 200 00 305 25 71 25 24 75 $ 0 00 0 00 0 00 0 00 0 00 .. , 609 65 I ... ' \ . ' ~ DOMINIC c. CALABRO TR-2-A REV. 9-62 7/11/69 -Chartiers Savings and Loan Asso- ciation $10,455.06 Carrying value 10,455.06· $ 0 00 Proceeds sale General Motors Acceptance Corp. Short Term Loans, as follows: 5/12/69 -$11,000 at 100 11,000.00 Carrying value 11.2000.00 0 00 \ 16,000 at 100 16,000.00 6/19/69 - Carrying value 16.2000.00 0 00 11/14/69 -14,000 at 100 14,000.00 Carrying value 14.2000.00 0 00 I 12/29/69 -33,000 at 100 33,000.00 I Carrying value 33.2000.00 0 00 2/6/70 -34,000 at 100 34,000.00 Carrying value 34.2000.00 0 00 3/16/70 -11,000 at 100 11,000.00 Carrying value 11.2000.00 0 00 11/17/71 -3,000 at 100 3,000.00 Carrying value. 3,000.00 0 00 Proceeds sale General Electric Co. . Short Term Loans, as follows: 5/28/70 -$11,000 at 100 11,000.00 Carrying value 11.2000.00 0 00 12/30/70 -10,000 at 100 10,000.00 Carrying value 10.2000.00 0 00 5/6/71 -10,000 at 100 10,000.00 Carrying value 10.2000.00 0 00 12/8/71 -5,000 at 100 5,000.00 1969 Carrying value 5.2000.00 0 00 Aug. 13 Proceeds redemption $10,000 Certificate of Deposit of Pittsburgh National Bank dated 8/2/66, due 8/2/69, 5% 10,000.00 Carrying value 1o.2ooo.oo 0 00 Nov. 14 Proceeds redemption $19,000 Ford Motor Credit Co. Short Term Loan at 100 19,000.00 Carrying value 19.2000.00 0 00 1970 Mar. 4 Proceeds sale Elgin boat and t'railer 100.00 Carrying value 100.00 0 00 I$ 0 00 $ 41,866 86 Amount transferred from Principal-Realty 13,761 20 • ~ -5-55,628 06 ··-·-·----··---· -.-----.. ... ·-···· ... DOMINIC C. CALABRO TR-2-A REV. 9-6 1968-· Dec. 1969 Jan. Feb. Mar. Apr. May June Oct. 1970 Mar. DISBURSErvlENTS Administrative Expenses Charges 6n sales of various securities - 2/7/69 to 6/10/69 23 Washington County Reports - Advertising letters testamentary 23 Russell Marino, Regist.~r of Wills - Grant of letters testamentary 15 short certificates 14 Russell Marino, Register of Wills - 5 short certificates 24 The Daily Notes - Advertising letters testamentary 12 Mabel E. Rutan, Notary - Fee re affidavit of Robert P. Calabro 17 Russell Marino, Register of Wills - 2 short certificates 19 Pittsburgh National Bank - Appraisal charges in re properties situate as follows: Private lane off West Pike, Chartiers Township, Pa. Johnson Road, North Strabane Township, Pa. 337 Thornwood Drive, Canonsburg, Pa. Route 19, North Strabane Township, Pa. 2445-49 West Pike St., Chartiers Township, Pa. 27 Bob Franks, Prothonotary - Costs and satisfaction of liens at #720 and #731 15 Mabel E. Rutan, Notary - Fee re affidavit of Robert P. Calabro 19 John Lieker, Esq. - Satisfaction of lien on account of judgment entered by Louis James Pake against D. C. Calabro 20 Martin R. Hallan - Appraising household goods at property situate 337 Thornwood Drive, Canonsburg 6 A. T. King - Appraising jewelry 21 Russell Marino, Register of Wills - Balance due on grant of letters testa- mentary and filing inventory 21 Mabel E. Rutan - Notary fee re affidavits of Robert P. Calabro 29 Russell Marino, Register of Wills - Certified copy of will 4 Mabel E. Rutan - Notary fee -6- $ 113 38 14 00 13 50 15 00 5 00 12 50 0 75 2 00 535 00 16 00 0 75 9 00 20 00 3 00 19 00 2 00 8 50 1 00 --------- ' .. ' . • " DOMINIC C. CALABRO TR-2-A REV. 9-62 1970 Aug. 3 K. R. Dever - Calculations for description and location I and legal description of property on I $ I Johnston Road, North Strabane Township 50 00 I 1971 I Jan. 29 Pittsburgh National Bank ~ I Appraisal charge in re West Pike Street, I Chartiers Township, Washington County, Pa. 115 00 Nov. 4 Joseph W. Linn - Reimbursement for funds advanced for photo copy of deed of easement from Donald c. McBride et ux to Citizens Water Co. 1 00 ' ,5 Norma Jean Pees -I I Notary fee 0 75 I Maintenance and preservation of property ' situate Johnson Road, North Strabane Township, Washington County, Pa. - Taxes - 1969-71 on surface, Washington I County Cannon-McMillan-Union School District, North Strabane Township 210 00 Insurance - General liability insurance for coverage 11/13/68 to premiums 11/20/72 $ 54.00 I Refund 34.00 20 00 I Dec. 15 Russell Marino, Register of Wills - Filing this account 29 00 15 Michael E. Kusturiss - ' Attorney's fee 2, 750 00 15 Executors' compensation -' Robert P. Calabro 1,200 00 Pittsburgh National Bank 1,850 00 $ 7,016 13 Loss on Sale of Assets- 1969 Feb. 7 Proceeds sale 20 shares Northeast Airlines, Inc. at 18.75 375.00 Carrying value 415.00 $ 40 00 11 Proceeds sale 10 shares Trans Caribbean Airways, Inc. Class A Com. at 13.875 138.75 Carrying value 146.25 7 50 25 Proceeds sale 50 shares Eastern Air Lines Co. Com. at 27.50 1,375.00 4 Carrying value 1, 75.00 100 00 Mar. 6 Proceeds sale 32 shares D. c. Transit Sys- tem, Inc. Class A at 4.125 132.00 Carrying value 154.75 22 75 I 0 I 20 Proceeds sale 100 shares Andy Gard Corp. Com. at 5.125 512.50 Carrying value 631.25 118 75 1-----t--'-"'--289 0 -7- DOMINIC C. CALABRO TR-2-A REV. 9-62 1969 Jan. Mar. June 1969 Mar. Apr. June 14 15 21 4 Preferred Debts The Catholic Cemeteries Association - Cemetery lot in Queen of Heaven Cemetery $ Opening and closing grave Mario L. De Angelo Funeral Home - Funeral expenses Margaret Calabro - Reimbursement for monies advanced Presby- terian Hospital Gaydos Monument Co. - Marker Other Debts 29 Washington County personal property tax for years 1963, 1964 and 1965 as per liens filed to #720 and #731 $ 10 4 Chris Vlaskos - Attorney's services prior to death Internal Revenue Service - Additional federal income tax - Year ending 12/31/66 Interest Year ending 12/31/67 $ 66o.86 _ ___,_7""-9 •_.:::;5_0 553.36 380 00 140 00 2,215 00 1,960 80 385 00 $ 6 59 100 00 740 36 5,080 80 Interest 32 • 88 1------:::5;......8_6 ,_2_4 1,433 19 1969 Feb. 1970 4 Other Taxes Russell Marino, Register of Wills - Pennsylvania inheritance tax -6% on $30,000 Less 5% discount Feb. 10 Internal Revenue Service - Federal estate tax 1971 May 6 Internal Revenue Service - Additional federal estate tax -8- 1,800.00 90.00 $ 1,710 00 23,060 45 5,853 33 30,623 78 ----~~~~~---=~~~~ $ 44,442 90 l========f= , ,. -. r ~ ' •, r: .; ·-. DOMINIC C. CALABRO TR-2-A REV. 9-62 SCHEDULE B INCOME -PERSONALTY RECEIPTS Dividends Eastern Airlines Co. Cap. $ 6 50 shares -3/10/69 25 Pan American World Airways Cap. 30 shares -2/21/69 3 00 I Trans Caribbean Airways, Inc. 251 10 shares -1/30/69 1 00 $ 10 Interest -Short Term Investments Ford Motor Credit Co. Short Term Loan $19,000 -to 11/24/69 $ 362 68 General Electric Co. Short Term Loans $11,000 -to 5/28/70 167 99 I 10,000 -to 12/30/70 394 51 -10,000 -to 5/6/71 155 20 5,000 -to 12/8/71 161 91 General Motors Acceptance Corp. Short Term Loans $11,000 -to 5/12/69 114 89 16,000 -to 6/19/69 119 47 14,000 -to 11/14/69 459 21 33,000 -to 12/29/69 340 92 34,000 -to 2/6/70 256 81 ' 11,000 -to 3/16/70 95 03 3,000 -to 11/17/71 109 17 2,737 79 Interest -Certificate of Deposit Pittsburgh National Bank $10,000 -3/4/69 to 8/2/69 373 98 Interest -Savings Accounts I I Chartiers Savings and Loan Association 12/31/68 and /30/69 $ 502 49 First Federal Savings and Loan Associa- tion of Washington To 12/30/68 56 88 Mellon National Bank and Trust Co. To 3/1/69 38 54 -9- ----~-·------·--·--·--------- . . ' .. ' ' i .. ·. . ' . DOMINIC C. CALABRO TR-2-A REV. 9-62 Pittsburgh National Bank To 4/1/69 $ 9 56 Reliable Savings and Loan Association of Bridgeville To 12/31/68 26 10 Slovenian Savings and Loan Association of Canonsburg I$ To 12/31/69 164 02 797 59 $ 3,919 61 I DISBURSEMENTS 1970-71 county personal property tax $ 0 12 1969-70 income tax on accumulated income 370 41 Internal Revenue Service - Interest on additional federal estate \ tax -5/6/71 380 47 Pittsburgh National Bank - Executor's compensation 259 88 $ 1,010 88 ! I I I I ·-.... " ' -10- I I --·---------·-· ···-····-. " " ' " ------- ' 1 --,. . r c' . • . : ·-. \ . I DOMINIC c. CALABRO TR-2-A REV. 9-62 SCHEDULE c PRINCIPAL -REALTY RECEIPTS 1969 Oct. 20 Inventory filed $ 11,414 4 5 I Gain on Sale of Assets Net proceeds sale 16.06 acres of land situate Johnson Road, North Strabane Township, Washington County, Pa. sold 11/9/70 and 11/12/71 $9,046.75 I Carrying value 6,700.00 2,346 7 51 I I Sale of Assets without Gain or Loss 1969 I Mar. 24 Net proceeds sale property situate I Chartiers Township, Washington County Pa. 4,714.45 Carrying value 4.2714.45 0 0 0 $ 13,761 2 0 DISBURSEMENTS Amount transferred to Principal-Personalty $ 13,761 2 0 ,, ,. I I ' -11- I --------.. --------~---... --· ------- • " -. ' . ~ . -· . .. . " .. ' . ,_ .. 4 . - .:; DOMINIC C. CALABRO TR-2-A REV. 9-62 I I EXHIBIT NO. 1 PRINCIPAL -PERSONALTY Per Item Second of Will - Margaret R. Calabro - 1965 Ford Thunderbird coupe - delivered 2/11/69 $ 1,500 00 1948 Ford F-5 dump truck - delivered 4/21/69 200 00 One lot of miscellaneous jewelry - delivered 9/10/69 18 50 $ 1,718 50 I I INCOME -PERSONALTY Margaret R. Calabro - Cash -2/10/71 and 2/19/71 $ 2,000 00 r I I I S.MK:rw -12- COMMONWEALTH OF PENNSYLVANIA COUNTY OF WASHINGTON ss .. • ROBERT P. CALABRO, the above named accountant, being duly sworn according to law, deposes and says that letters testamentary were granted to him and to Pittsburgh National Bank and advertised more than six months prior to the filing hereof; that the disburse- ments shown in the account have been made to the parties entitled thereto; that the account as stated is true and correct as he verily believes. Sworn and subscribed before me this =< t:f'ZL day of December, 1971 · N6Gry_Public 'AUDREY J. FALCIONE, Notary Public . w~shlngtofl County • !'!· !;1y Commission Expires March 31J, 1974 TFlE: Dc!~!'G, ~-OTES ~· PROOF OF PUBLICATION In compliance with the Newspaper Advertising Act of May 16, 1929, P. L. 1784, Sec. 3, paragraph (3) and (25). State of Pennsylvania } County of Washington ss. Personally appeared before me, a Notary Public in and for said county and state, _____________ !1~"Q~_;h _____ ?__! _____ p_~l _____________________ , who being duly sworn, deposes and says: that ·---------~-h-~-----------is the ~_Q_Q~~-~~_p_e<i the Notes Publishing & Printing Co., a Penn- sylvania corporation, and its agent in this behalf: thart the said company is the pub- lisher of The Daily Notes, published daHy except Saturday and Sunday, having its place of business at Canonsburg, Washington County, Pennsylvania; that the said Daily Notes was eS:tablished August 1, 1875; that the printed nort:ice or advertisement, attached hereto is a copy of a notice or advertisement, exactly as printed or published, which appeared in the said newspaper in its regular issues on the following dates: December 24 December 31 1968 January 6, 1969 -----------------------------'------------------------------------------'---------------------'-----------------------·······-····-······················· ---------------------------------------------------------------------------------------------------······························--· that the affiant or the corporation in behalf of which -----~-~-~-------is acting is not inter- ested in the subject matter of said notice or advertising and that all of the allegations of this affidavit as to rthe time, place and character of~ are true. ----------------------------------------------------~-----------Brook~ ~~.L Sworn to and subscribed before me this ~Yb L" J _______ g_th _____ day of ----------~-~-g?rr ___________ 19_~~~ ------~~~~~~q,-~~~otary Pubik --;nrom:}};!~~~~~~ County, Pa. My Commission Expires '\-larch 30, 1970 LEGAL NOTICES , EXECUTORS' NOTICE _' Estate of D01\CT1'<IC C. CALA- P;RO, A/K/A fl. C". C;ALA.BRO, "\/1 h.-/A D. C'. CALABHO, Ht·. clePeas-' f<,~, )a!P of' Bot·ough df < 'anonslnH·g·, \\ 8.shnrgtot1 {;~Olll1ly, Pf•tJnrt. j LRTTl~RS '1't<Rt:..~_n1Piltat·y upon th: 'd>OVI"e P.Rtale litll"ing· !.JePltl ?"t·a. 1-Jted to tl1e uncleJ·si_gned, notic'' IR hPt"ehy givf'n to those inclPh(,•cl thPreto to make immediate IJ<1Y- ll1f'llt, and to thosr""~ havi11g elairns ot· demands. to Pl"f>sent. t hen1 fut·r ~01 tlement. f{OBJ<>R'T' T'. C'.\ LA BTIO anti Pl'T'T~BUTlC:FJ ".\:A'I'IO_'\ic\1, BANT( 1DxPcutors i G South Main \Stre0t . \VaRhing-ton, J'l't•nn~:rlvaliia ] fi3011 MTCHATG'L R KUS1'LTJUSS Attorne,· ' , ,1,2 1\:ot·th )efferson Avenue 1 Cnnm;Rhurg, PPnnsylvania 1:::~17, lh•(•, :04, :H, 1~HiR, .Jan fi, l!Hi!1 W ashinitO~ Coltty Reports 63 SOUTH MAIN STREET Washington, Pennsylvania (PUBLISHED BY WASHINGTON COUNTY BAR ASSOCIATION) PROOF OF PUBLICATION In compliance with the Newspaper Advertising Act of May 16, 1929, P. L. 1784 Sec. 3, paragraphs (3) and (25). CouNTY OF WAsHINGTON) STATE OF PENNSYLVANIA ( ss. Personally appeared before me, a Notary Public in and for said County and Commonwealth, CHARLES C. KELLER, who, being duly sworn, deposes and says: that he is the Editor of the WASHINGTON COUNTY REPORTS, the official legal periodical for said Washington County, publisbed weekly having its place of business at Washington, Washington County, Pennsylvania, and is act- ing as its agent in this behalf; that the said WASHINGTON COVNTY REPORTS was established on March 31, 1920, and was designated as the official legal publication for Washington County, Pennsylvania, by order of the several courts of said County, dated November 11, 1920; that the printed notice or adver- tisement attached hereto is a copy of a notice or advertisement, exactly as printed or published, which appeared in the said legal periodical in its regular issues on the following dates: ... D.ecemb.e.r ... 2.6.~ .... J.anuaqr .... 2 . ., .... 9 .......... ....... 19.681'!"6.9 ............................................................ .. that the affiant or the corporation in behalf of which he is acting is not interested in. the ~ubjt;J:t ~ter of .said notice or;ad;vertis~j a)ld~t)l;tt . ~f the allegati 'rrs of th1s affidl!t)f o the t~~· place ¥ul 9aract ·~of th t,{>u cat1 n are tr . I (,../ ll,.. j}l/ /J {1..//: 'l/tl ,1,1-! , ___ ., . / --1'(_../ l.V L/ -i.--/J ( ·-----.~ .......................... Edi~~; d subscribed be me-this I' E~ Notices '• ·9egister of Wills has granted letters, testamentary or of administration, in the following estates. Notice is hereby given to all persons indebted thereto to make payment without delay and to those hav- ing claims or demands to present them for settlement to the Executors or Admin- istrators or their Attorneys . • • • • • • • • • • • • • • • • • CALABRO, DOMINIC C.. a/k/a D. C. CALABRO, a/k/a D. C. CALABRO SR., ·Dec'd. ' Late of Borough of Canonsburg Washington County, Penna. ' Executors: Robert P. Calabro & Pitts-burgh_ NationaL-Bank, 6 S. Main St., Washmgton, Pa. 15301 ; Attorney: Michael E. Kusturiss 12 , N. Jefferson Ave., Canonsburg 'Pa :um · · • . . (' ... ' ~\!: G I(~· \ L I . d' ',ILl. s ' \'!P.S\1\.\.-:-:·~: ",').,PA. • "· ' Itt tqr Qtnurt nf Qtnmmnu Jlras nf llasqiugtnu OJnuuty ®rpqaus 9 Qtnurt 1!littisinu In the matter of the Audit of Account in Estate of __ D~OaiDu.l""'. n!..!...!io.lco<.Jk~~CL....CC......,aul-..~a;!Jbi.L.I.r~oL.._ ____ 1 No. __ --=63~6~8~1=5~7~7 ____________ _ Deceased TO THE AUDITING JUDGE: Enter m~ appearance for Trustee under an Irrevocable Insurance Trustgreement, Pittsburgh National Bank 5th day of __ .... M~a""::Y'I--------• 19____8_2 N. B.-Counsel shall, by separate paper, present a concise statement of each claim, with supporting calculation of any interest claimed. Objections to an account as filed, shall be concisely stated in a separate paper. Council suggesting proper distribution shall file a separate concise state- ment in that regard. _/ No. 63 68 15 77 In re Audit of Account in Esta,te of Dominick C. Calabro, Deceasea AUDIT Jrarripr fnr Appraraurr FOR Pittsburgh National Bank Trustee under an Irrevocable Tn!=:rll ::~nrP 'rr11 !=:t: AP'rPPmPnt' ~ Attorney ~2 'I .. ;r-. ~' .. --.J ~n :t4e <ttnurt nf <ttnmmnu Jlens nf llu.alJiugtnu <ttnuuty, Jeuusylunniu, ®rp4uns' <ttnurt iittisinu ESTATE OF No._----.3o6u3~-~68l:L-..:...l.._t)L.J.7-'-7 ______ _ Dominick c •. Calabro a/k/a In the matter of the First and Fi oal D,C. Calabro, a./kla D,C, Ca]ahro Sr. deceased, Account of Pittsburgh National Bank & Robert P, Calabro, Executors ADJUDICATION AND DECREE And now June 6 , 19-12-, this matter came on for hearing, audit and distribution at this session and testimony taken; and thereupon, upon due consideration thereof of the balance for distribution in the hands of the Accountant is determined to be $ 111,1 Olt.ltB · and the ~~count is accordingly confirmed; and it is ordered, adjudgea and decreed that the said balance be. paid out by the Accountant in accordance with the schedule' of disribution hereto attached and made part hereof, un exception hereto be filed sec. reg. or an appeal be taken he ref rom sec. leg.. · SCHEDULE OF DISTRI Balance per account ________________ _ Additional debit asked at audit Additional credit asked at audit Balance ____________________ _ Deduct Clerk's Costs & Receipt;,_c: ___________ _ Attorney __ --:-_ __.M..._i ...... c ..... h.o..:a._..e'"""J~E"'"',.........,..K.u.l.._.l s:>-Jtl,.oJ.J.._,m.:...i.....,s""'s:t-------- Washington County, Division of Personal Property Tax, per praecipe filed, Russell Marino, Agent, transfer inheritance tax, including tax due on life estate and remainder interests, $516.)8 Interest from 2-13-70 to 6-13-72 72.29 Margaret R. Calabro, widow, legacy, under paragraph two of the will, including 1965 Thunderbird Coupe valued at $1500.00; 1948 Ford F-5 Dump Truck valued at $200,00; and Jewelry valued at ·$18.50; h~ld in kind and distributed as such at the appraised value, credit to be taken by the accountant for items advanced prior to distribution by the. Court, Pittsburgh National Bank, Trustee for Margaret R. Calabro widow and life tenant under the terms of Paragraph Third of"the will ~nd Life Insurance Trust Ar-reement; held in kind and distributed as such at th~ ·appraised value, principal and income; credit to be taken by the accountant for income Personalty cash in the amount of $2000,00 advanced prior to distribution by the Court; in- cluding Principal Personalty Stocks rep~esented by 2 shares common stock of Chartiers Area 1 91.35 80.76 588.67 1718.50 $!4.093.89 14,185.24 11,742.62 .. . . .. i. It ' ... ~ 0 ...., -> !r n ::J z ·n i 0 O• -+ 9 Cit c :::r ::J CD -+ ..... 0 3' ~ ...., 0 ...., 0 -+ . -+ CD ., ' ~ g. = 0 ...., -+ :::r CD " ~ ~ ' . ~ ..., ..., r t r ,. ·. .J ... ,: J.: .. (" "' ... Development Corp @ $1.00; 2 shares common stock of D.c. Transit Systems, Inc. Class A @ $1.00; 1 share common stock of Ventura International Co. at $5.00; 300 shares common stock of \tlebb and Knapp, Inc. at $45.00; balance in cash; 11742.6P No balance .~.,----~--------- .- ~~ 0 ~ ~ .... :J z ~ 0 "1-p ~ t:'l 0 ::r (V) c (1) c:::· U) ._.. lit a 3 ,-_:) .. :-:: ~ _j CL 0 0 0 ('<"; ...... _j .... .... it ~ ..... :;..: 0 ..... ... ..... ~. (.....) a 0 t CL. :...~-· .. .... ,,.--~ "~·' a· "1- (:-:. ::r t,":" -.. r::' 1-= (1) .. l.l; uJ . •. ' -,.., ,-·'- .-~ .•.· (/) -· f4 = U) ---r· ~ ""'"'::) ::_") 0 (/) a: Ll.J 4 ,-,.J L ,. -·. r- :..,.,. ' f ~ ~ ~ ~ .. -·· . • • j R E C E I P T ------- AND NOW, this l-i day of February, 1969, I, MARGARET RY. CALABRO, hereby acknowledge to have received of and from PITTSBURGH NATIONAL BANK, Co-Executor of the Estate of Dominick C. Calabro, deceased, Title Certifi- cate for 1965 Ford Thunderbird Coupe, and hereby authorize said Pittsburgh National Bank to take credit for same as an advance distribution to me under the terms of Article Second of the Will of Dominick C. Calabro of said auto- mobile at the appraised value of Fifteen Hundred and no/100 ($1,500.00) Dollars in their Accounting and Petition for Audit to be filed with the Orphans' Court of Washington County as Co-Executor of the Estate of Dominick C. Calabro, deceased. • • R E C E I P T ------- ·?/ AND NOW, this --Lt..:...'J_-__ day of April, 1969, I, MARGARET ill. CALABRO, hereby asknowledge to have received of and from PITTSBURGH NATIONAL BANK, Co-Executor of the Estate of Dominick C. Calabro, deceased, Title Certificate for 1948 Model Ford F-5 Dump Truck, and hereby authorize said Pittsburgh National Bank to take credit for same as an advance distri- bution to me under the terms of Article Second of the Will of Dominick C. Calabro of said truck at the appraised v~lue of Two Hundred and no/100 ($200.00) Dollars in their Accounting and Petition for Audit to be filed with the Orphans' Court of Washington.County as Co-Executor of the Estate of Dominick C. Calabro, deceased. WITNE~~ • • ~ , 1969, I, MARGARET R. CALABRO, hereby acknowledge to have received of and from AND NOW, this .$. 1 day of Pittsburgh National Bank, Co-Executor of the Estate of Dominick c. Calabro, deceased, the jewelry of said Dominick c. Calabro, and hereby authorize said Pittsburgh National Bank to take credit for same as an advance distribution to me under the terms of Article Second of the Will of said Dominick C. Calabro of said jewelry at the appraised value of Eighteen and 50/:100 ($18.50) Dollars in their Accounting and Petition for audit to be filed with the Orphans' Court of Washington County as Co-Executor of the estate of Dominick c. Calabro, deceased. WITNESS: ~·~ • • ,. Il' ~) I 11 .. l .i. .. Jt I' 't ' {4·~: ~ ~~ (/'j f'-' . --! .... rn r ~ -u I 0 :r~,.. U> _ .... ESTATE OF IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION DOMINICK C. CALABRO NO. 63-68-1577 DECEASED PETITION FOR DISTRIBUTION To the Honorable, the present Judge of said Court: Your Petitioner is Trustee under an Irrevocable Insurance Trust Agreement of Dominick C. Calabro dated May 29, 1968. Dominick C. Calabro died on November 13, 1968 and in accor- dance with the terms of the Agreement of Trust, your Petitioner collected proceeds of certain life insurance policies deposited thereunder. By Decree of your Honorable Court entered on June 7, 1972 at the above number and term, there was awarded additional assets in accordance with the Last Will and Testament of Dominick c. Calabro. There is attached hereto for reference of the Court and mar~ed Exhibit "A", a copy of the Agreement of Trust. That agreement provides inter alia, that upon the death of the settlor, the Trustee should collect proceeds of insurance on the life of the settlor and to which the Trustee was entitled as beneficiary and would invest the same and should pay the income arising for the use and benefit of the insured's wife, Margaret R. Calabro, together with so much of the principal as the Trustee in its sole discretion deemed advisable for her health, maintenance and support. In addition, the Trustee was authorized to use the principal of the trust for the health, maintenance, support and complete education of the settlor's children. It was further provided that in exercising its discre- tion, the Trustee should take into consideration, although it was not required to do so, the existence of other assets and benefits available to the insured's wife. Upon the death of the insured's wife, the Trustee was to divide the remaining principal into as many shares as there may be children of the insured and his wife surviving. When each child reached the age of 25 years, he or she was given the right to withdraw any or all of the principal repre- senting his or her share of this trust. The insured was survived by his wife, Margaret R. Calabro, who is living, is of full age, is sui juris and is not in the Military Service of the United States; and three children, Dominick c. Calabro, born February 22, 1936, Robert P. Calabro, born May 25, 1927, and Margaret Jean Calabro, born August 7, 1941, all of whom are living, are of full age, are sui juris and none of whom are in the Military Service of the United States and have reached 25 years of age. All transactions including receipts and disbursements and reinvestments since the filing of the First and Final Account are shown in a Supplement which is attached hereto and made a part hereof. -2- This account is filed at the request of Margaret R. Calabro, Dominick C. Calabro, Robert P. Calabro and Margaret Jean Calabro, all of the parties in interest, on the assertion that the trust has not accomplished the purpose for which it was intended and should be terminated under those provisions of the Pennsylvania Probate, Estates and·Fiduciaries Code applicable to the termination of trusts. Petition on behalf of the life tenant and remaindermen will be presented to your Honorable Court. Your Petitioner takes no position in the matter of failure of purpose of this trust and stands at the pleasure of the Court in this matter. Wherefore, your Petitioner prays that its account.ing be confirmed and that distribution be made in accordance with the Court's finding and the terms of the Agreement. Respectfully submitted, PITTSBURGH NATIONAL BANK By~~~ent -3- .. ·, TR-t·B~BV. z.-10 IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 68-1577 ESTATE OF DOMINIC C. CALABRO, DECEASED SUPPLEMENT TO FIRST AND FINAL ACCOUNT OF PITTSBURGH NATIONAL BANK TRUSTEE UNDER IRREVOCABLE INSURANCE TRUST AGREEMENT DATED MAY 29, 1968 FOR MARGARET R. CALABRO RESIDUARY TRUST No. 80761-8 APRIL 21 1982 ' S U M M A R Y ------- SCHEDULE A PRINCIPAL -PERSONALTY Receipts Page 3 25,663 48 Disbursements Page 3 2,932 75 Balance 22,730 SCHEDULE B INCOME -PERSONALTY Receipts Page 4 18,688 03 Disbursements Page 4 18,070 34 . -Balance 617 NET BALANCE 23,348 73 69 42 ' ,. . I ' DOMINIC C. CALABRO TR-2-A REV. 9-62 THE BALANCE CONSISTS OF THE FOLLOWING: PRINCIPAL -PERSONALTY Cash 22,730 73 INCOME -PERSONALTY Cash 617 69 23.348 42 Note: The above balance is subject to an attorney's fee in an amount to be I determined payable to Michael E. I Kusturiss. I I ' ' -2- -------------------------------------------------------------------------------------- TR-2-A REV. 9-6 1982 April 21 DOMINIC C. CALABRO SCHEDULE A PRINCIPAL -PERSONALTY RECEIPTS Per First and Final Account Sale of Assets Without Gain or Loss Proceeds sale 227 units rnent Fund Personal of Bank @100.00 Carrying Value Short Term Invest- Pittsburgh National 22,700.00 22,700.00 DISBURSEMENTS Per First and Final Account -3- 25,663 48 0 00 25,663 481 2,932 75 TR-2-A REV. 9-6 DOMENIC C. CALABRO SCHEDULE B INCOME -PERSONALTY RECEIPTS Per First and Final Account Income -Cash Equivalents Short Term Investment Fund Personal of Pittsburgh National Bank 227 units 2/4/82 to 2/28/82 l unit 2/28/82 to 3/8/82 228 units to 3/31/82 231 units to 4/21/82 Assets Purchased Units Short Term Investment Fund Personal of Pittsburgh National Bank purchased as follows: 3/2/82 4/2/82 2 units 3 units Sale of Assets Without Gain or Loss 200.00 300.00 Proceeds sale units Short Term Investment Fund Personal of Pittsburgh National Bank @100.00 as follows: 3/8/82 l unit 100.00 Carrying Value 100.00 4/21/82 4 units Carrying Value DISBURSEMENTS Per First & Final Account Administrative Expenses 400.00 400.00 1982 Mar. 5. 1982 Personal Property Tax MM:lk,gs Trustee's Compensation Distribution Margaret Calabro Income distribution Paid 3/2/82 -4- 221 22 0 23 275 99 182 76 0 00 0 00 21 47 40 81 18,007 831 I 68o 20 I 0 00 18.688 03 17,618 92 62 28 389 14 18 070 34 }\ I (t (( ~~,· lj by nud bet'•'""" llONlNICK C. CAJ.AilRO of Hashing ton County, Pcnunyl.vania, (lo".:~il1.:tft~r r<:fcrr~d to "s the "INSUIUW") and I'I'f1'SI:UKC:II NATlOi~AL BANK, of Pitt!ihurch, Alle::heny County, Pcnnsylvanin (hereinafter referred to as the "'£KUS'i'Elf'); W I T N K S S ~ T II: wm:RJlAS, the pol:l.cies of life and/or nccid~nt insurance issued 0:1 the< li.fc e>f the Insured n!tich arc li.r.teci O:l Ute nttachecl s~.hedllle "A", arc to bc n•.::<uc either dir:!ctly or cont5.ngcnt1y l':tynbl.c to and may be tl-:i'u~iten ~<ith the Trustee; NIJi~, Ttl~:i\EI'ORE, TilE !:'ARTIES HERETO ACliliF. that at the denth of . the Insured, or at such other time or timas th<'reaft<·r as mr.y be pro,•iC:ed ·in tile ::foremcntioncd policies, the Tru:.tee &hall collect the total amount of i"cur~Hce then t•arahl.c to it as Tr .. slec hcrt>.nuccr. &ncl the< !ruste:e shall hold the mr.o,.nt so coll.ccted, togetl:er uith e.nj· other. l'roperty recdved by it frc.:n the Insured's estate or from any other cource, either then or there- after, upo1\ th•' follO'.Jin& trusts. IJriiCLf. •• TRUSTS. '(>. lf the Insuced' s l<ifc, W.RC!,!U':1' P.. CALAIJRO, survives the Insured, the Tru!'ten shall 'hol~ in Trust as the H.•.rital 'l'rust such &L:our.t of the Certified a true copy ·········•·····•· ····a••······ nt --··••••"""-• Attorney for Accounta EXHIBIT "A" property in its hands as, when added to any property which may be re- ceivable aa:d designated for the Harital Trust under the Insured's J.ast Will and T<'.stament, will afford the Insured's estate the mmdmum allowable marital deduction under Federnl. Estate Tax l.m<s when this property is con- sidered with any and all othcr property of the Insured pa'.lsinr,, or which has passed to his wife under the terms of his IHll ot· under the terms of this Agreement or otherwise, and which other property is included in the o1arital deduction alloued his estate. The Trustee shall exclude from this amount any essets which do not qualify for the marital deduction. The Trustee shall hold in trust as the Residuary Trust any and ~.11 ot11er property in its hands not held in the Marital Trust, together with any property which may be receivable and designated for the Residuary Trust under the provisions of the Insured's Will. In the event the Insured's wife and the Insured die either simul- taneously or under circumstances which do not afford sufficient evidence as to who was the survivor, it is the Insured's intentiCin that it be pre- su!lled that his wife survived him. A. 1. The Trustee shall pay the net income from the Marital Trust to the Insured's ~ifc, or for her benefit, in installments convenient to her but not less frequently than annually for and durin& her lifetime, During her lifetime, the Insured's wife shnll have the right to withdraw, consume, denand and. rE'.ceive, all·or any part of the princi!'al of the Mari- tal Trust, absolutely and free of truRt, regardless of the purpose of such withdt·awal, and the trust created ·hereby shall terminate to the extent of -2- each withdrawal so made. In nddition to the forecoin& provi,.ions, in the event of the incapacity of the Insured's ~life through illness or otherwise, the Trustee is nuthorizcd to disburse to her, or for her benefit, so much of the principal of the Harital Tru"t as the Trustee, in its sole discre- tion, shall dceo ndvis.1blc for her comfort, ov.lintenance 11nd support, and to aid her in the event of any circumstance or condition affecting her wherein money is needed. 2. Upon the death of the Insured's wife, the 'l.'rustee shall pay and distribute the then remeining principnl of the Harital Trust as the Insured Is wife shall appoint and direct by specific reference to this cen- eral pO\·ter of appointment in her Last Will and Testament, whether to her.sel(, her estate, her ct·editors, the creditors of her estate or otherwise. In default of such appointment or direction by tne I•~sured's wife in her Last Will and Testaruenf, the Trustee shall add the. then rem.1ining princip~l of the l-larital 'l.'rust to the Residuary Trust and such amount so added shall be held in trust and/or distributed as if it had constituted an original part of the Residuary Trust. 3. Neith<!r the principal nor the income of the Harital Trust while in the hands of the Trustee, shall be liable for the debts of the Insured's wife nor shall the same be subject to seizure or att~ch ment by any creditor of the Insured 1 s wife under any wr.it or proceeding at l.1w or in equity. B. 1. l'he Trustee shall hold the principal of the ResidOJary Trust for the use and benefit of the Insured's wife, and shall pay to her, -3- ·. ~ or for her be1:efit, the net income therefrom, in infitallmcnts convenient to her, but not less frequently than annually, for and durinr; her lifetime, together with ~o much of the principal thereof as the Trustee, in its sole dlscretion, deems advisable, for her health, maintenance and support. In addition, the Trustee is authorized to pay and distribute to the Insured's children, or for their benefit, so much of the principal of the l:csiduary Trust as the Trustee, in its discretion, deems advisable for their henlth, maintenance, support nnd complete education, including preparatory, college, post-grnduate or professional training. The Trustee chall be under no_ duty to equalize disbursements of principal as herein authorized. In the exe1·cise of discretion relative to the distri- bution of jlrincipal from the Rcsidunry Trust to or for the benefit of the Insured's wife,,it is the Insured's desire but in no way his direction that en effort b2 made to first expend those assets then held in the iinrital. T"rust an1 considerntion be given to prior utilization of the nssets which the Insured's wife may h&ve i11 her own name. 2. Upon the death of the Insured's wife during the trust for her benefit, or upon the death of the Insured in the event his wife fails to su1vive him, the principal of the Residuary Trust, as it is then constituted, shall be divided irato as many equal shares ns there are children of the Insured living at the time for ~his. division and children of the Insured then decensed with issue of them then surviving. a. One of su_ch equal shares shall iL1mediately vest -4- ·~·· in and be distributed to the then living insuc, per stirpes, of each deceased child of the Insured, such distribution to be absolute and free of t.rust, subject, ho>~ever, to the minority provision~ herdn~ftcr set forth. b. One of such equal shares shall be held for the use and benefit of each of the Insured • s then living children, and during the rninority of each such child of the Insured, the l'rustee shall disburse to or f.Jr the benefit of each such child cf the Insured, 'so U\Uch of the net income from and. so much of the prio:~cipal of his or her share of the trust as the Trustee, in its sole discretion, deems advisable for his or her health, maintenance, support and complete education, including preparatory, college and post-graduate or professional training, and the Trustee shall accumulate any b:1l:mce of the net income. As and when each such child of the: Insured attains the ace of twenty-one (21) years, the Trustee shall add any accumulated inco~ there.on to his or her share of the trust and shall pay to each such child of the Insured, or for.his or her benefit, in quarter-annual installments, the net income from the thus augmented principal of his or her share of the trust, for and during his or her lifetime, together_ with so n•uch of the principal of such child's share as the Trustee, in its sole discretion, deems advisable for his or her health, maintenance, support and com~lete education as the same is described above. Notwithstanding the foregoing provisions, and follo-.tir.g the division of the Residuary Trust into shares, as and when each child c.f the Insured attains the age of twenty-five (25) years, or at any time thereafter, he or she shall have the rieht to withdra" any -s- I ·I I I '----------------------------------~--------~-==-.. -... -"'·--..·"'···"'··"'·--"-~·~·==========~-= .. -·------··--~-·-··""· .. --·----~ ..... and all of thc: theu reonalnln~; prlnclp.,l of his or her t:h~n·. of the Rc:oiduary Trust, absolutely and free of tru~t. In the event any sl"tr.c should be less than Ten Thousand ($10,000.00) Dollars, the Trustee shall h:wc the right to pay out to the beneficiary entitled therc:to the then r<•malnln& principal of such· share; provided, however, that such bcnefici.uy has then attained the ace of b<enty-five (25) years • . · c. In the event any child o( the Insured dies dur.in~ the separate trust herein created for his or her benefit, the Trustee shAll pAy and distribute the then remaining principal of his or her share of the trust to his or her then living issue, per stirpes, absolutely and free of trust, subject, however, to the minority provisions hereinafter set forth. In default of issue of sucll deceased child of the Insure<! ~hen surviving, such share shall be paid and distributed to the then livin& issue of the Insured, per stirpes and absolutely, subject, however, to the minority provisions hereinafter set forth; provided, however, any portion of such share, which othcn•ise would be distributable to any bcneficinry for ~<hom a share is then held for his or her benefit, shall be added to such sh:tre to be held as though an original part thereof. C. If, at the time distdbutiOI\ is to be made hcrem\der in accordance with the forccoins prcovlsions, none of the persons named or described above is living to take the principal of the Residuary Trust, the then rclnaining l'rincipal of the Residuary Trust shall be distributed to the Insured's then living heirs and next of kin in accordance with the -6- . ·,·.- -, Intestate Laws of the Cor:uoom·•calth o! l'enn~ylv.1nin in effect at the ·time of the Insured's death. ARTICLE II. TEJ!l-JS AND CONJJI'CIONS. A. '-'Idle in the hnnds of the Trustee, neither the principal nor the income of the Residuary Trust shall be liable for the debts of any beneficiary hereunder, nor shall the samc be su!:>ject to seizure or Attach- ment by any cre<litor of any beneficiary under any writ or procecdin:; at lm~ or in equity, _and no beneficiary hcl·eullder sh11ll have any power to sell, assign, encumber, or in any manner to anticipate or dispose of his or her interest in the Residuary Trust or in the incOUie produced thereby. B. If any benP.fici.ary who is entitled to receive a share of the principal of, the trust estate shall be a minor, the Trustee is hereby authorized and empowered to continue to hold and manage such sh<~re for the benefit of such a-J.nor during his or her minority, and the Trustee may accu- mulate all or any part of the inco1oe from such n•inor's share or pay so much thereof, together with such amounts of the principal of his or her share of the trust estate as it shall deem proper for his or her education, mainten- ance and welfare. In the disbursement of funds directed to be paid to or for the use and benefit of any beneficiary who shall be a minor, the trustee may make payment of the SBin_e to the parent, guardian or such other person as may have custody of the person of the minor at t!17 time such payments are made, to be used for the education, maintenance ond welfare of such minor, but without liability on the part of the Trustee to see to the application of said payments by the payee, and. the receipt o! any &uch persoi\ shall be a full acquittance of the Trustee as to any amounts so paid, or the Trustee -7- may make payment of the snme directly to or (or the L••ndl.t Clf r.uch minor beneficiary. This shnll be con~trued as a J>CIIIcr only and uh31l not OJH)rate to suspend the absolute 01mership thereof by cuch "d.nor nor to prcv~nt the ab<Jol.ute vesting thereof in such minor. ARTICLE III. IN ADDITION '£0 TilE PO\~ERS CO~n;;:REIJ 1\Y LAH, TilE TRUSTEE SliALL HAVE TilE ~'OLLO\HNG DISCt:J:nm;AJ:Y 1'0\~t:J:S : A. To retain as an investment for the trust estnte, >~ithout any duty of diversificatiot~, any and all propct·ty, rc.~l or personal received by the Trustee, .which shall specifically 1.ncludc the authority to retain .~ny stock received by it hereunder in PITTSllUt:CII NATIONAL HANK. B. To invest and reinvest the principal of the trust estate, together \lith any income accumulated thereon, in such stoc;ks, bonds, mortgages, sccuritie!' or other property, t·cnl or personal, as it rony believe advisable, without being limited to the classes of securities or invest~ents in which trustees are authorized by la~< to invest trust funds. C. To sell any and all real e~tate held as a trust asset, at such times, 6t public or private sale, for such prices and upon such terms as it shall believe advisable, and to make, execute and deliver any deed or deeds therefor, conveying title thereto in fee simple absolute, or for any less estate to any purchaser or purcha!!ers, freed nnd discharged of any and all trusts hereunder. D. To sell, exch.ange, lease, encumber, option or other~<io>e -s- ., di~posc of nll or any portion of the trust eot~tc Jn ~uch r.:;onncr and upon such terms and conditions as it shall believe ndvis>hlc, anu to make, c~ccutc: and deliver deeds, mortgaces, leases, nssicnmcnts and other docu"1c.nts neccssnry to effect any of the po.-ers granted the Trustee and >~hich :;h.1!1 r.pcc1Hcnll.y include the authority to grant leases 11hich eY.tend beyond tl11, term uf nny trust hereunder and be)•ond the period authorized by 1~"· E. To make distribution of the trust r.~tate to :ony person entitled thereto in kind, in cash, or partly in kind and pnrtly in cash, as it shall believe advisable. Assets distrihuted in kind shall be distributed nt their values on the date or dates of distribution. F. To purchase as an investment for the trust estate :my securities or other property, real or personal, belon~ing to the estate of the Insured, and to 'hold the same for such period of ti"'e as the 1'rus tee believes advisable, without liability for any depreciation in the value thereof, or, in it!' discretion, to make loans, secured or unsecured, to the Insured's cstntc without liability for the nonpay1nent thereof; provided, h01-1Cver, that in no event shall the proceeds of any qualified Employee Benefit Plan payable to the Trustee hereunder be made avnilable for' such purpose!:. G. To resister or carry any :l.nvestments held by it hereunder in its own name or in the na~e of a nominee or no~inees; provided, however, that all such investments shall be so designated upon the records of the. Trustee th~t the trust to which said investments belong shall appear clearly at all times. H. To vote by persol\ or proxy ar.y and all stock held in thB trust estate and to participnte in any rB~rcanization or merger of companies -~- . ~- , ~ -~---~ ......... ··"' ··-·-&-,_ __ ••. _ .. ~-.... ~-..._-. ._ ...... -.. ~.---.. .... -..... ~ ............ -~ .• , .. "'--· ....... ~-... --... ..- \. <'r corporations uhose stock is held in the truut cutatc, I. To borrCK< money for the purpose of the l ru~ t ( rolll any source, which shall include the authority to borrow from My separate trust hereunder and as security for rerayment to hold or pledge the wlwlr or any part of the trust estate. J, To pay from the principal of the Residuary Tru"t, if the Iuuurr.d's Executor is unable to c.omply with the direction to p:•y sud1 ta:<cs fro:n the residue of the Insured's testamentary estate, any Federal t:sL:ttc, State Inheritance, or Estate and Succession Taxes imposed upon or with rest'ect to the Insured's estate passing under the Insured 1s Hill or. othcrwiue, e.t such time or times as it deems advisable, and no such tax so paid shall be collected from any beneficiary hereunder or under the lnsurc.d 1 s Will by vay of apportionrn<:nt or proration; provided, hovever, that in no event sh:ll.l the proceeds of any qualified Employee Benefit Plan payable to the Trustee hereunder be made available for such purposes. ·: I ARTICLE IV. It is asreed that the Trustee shall in no vay be bound to pay the premiums on any policy or polic~es payable hereunder nor to see that any such policy or policies are kept in force, its obligation regarding the policies during the Insured 1 s lifetime being confined to tl1e safekeeping thereof. ARTICLE V. A. The Insured reserves the right during his lifetime to revoke this trust at any tim!! upon deH,·ery to the Trustee of an ir:stnnacnt in writing settins forth such revocation and in addition, the -10- ··:< .. Insured retains the right to alter or amend tlob lru:;L >L any t!r..c hy nn instrument in writing accepted by the Trustee. B. All benefits, privilc;;cs and 01,t ion~ :~ccruinc or ~.vailable under ally of snid insurance policies p~ior to the Jcnth or the Insured, including any right reserved in any of said policies to thl' Insured to chanze the beneficiary thereundet·, to convert the snid polici e" into othcL" forms of policies, to borrow in accordance with the tHrms of 11nid policlc~, to pledge, hypothecate, sell or assign the same nr any of thc1n, and lc:> receive and collect all dividends and other payments, and the proceeds of m;~turing policies shall be for the sole benefit of the Insured and shall not be subjP.ct to this trust. If the Insured changes the bencfic1.ary under any of s:~ld policies or surrenders any such policy for its cash surrender value, such act shall have the e'ffect of revoking th1.s trust with respect to the policy or policies so changed or surrendcred. c. lt is also ex?ressly undcrstood and agreed that any or all of the policies deposited under the terms of this a;:reement 11\ay be assigned·by the Insured for the purpose·of ohtainin;: a loan on the said policy or policies, and that upon the Insured's request, thc l"rustee, as beneficiary named in any or all policies deposited hereunder. 11\ay join in such assignment to any ind1.vidual, partnership, corporation or association, and ir, so doing shall not by reason of such joinder in any way be or become li~ble to any person interested hereL~der. D. Upon receipt of written requP.st from the Insured, the Trustee shall be bound tn. deliver to the Insured any policies -11- in its possession and to reassicn to the Insured any l'"llcle:o theretofore assigned to it. E. The In1:ured at any time shall h~vc 1 ior rl1:ht to include >~ithin this Agreement addition.:~l policies of life and/:or •1cci<'cnl in~ur"ncc. AR'flCLE VI. The payment by an insurance company of tl"' procc·~cls of any policy of insurance to the Trustee shall be a full disch~t·cc of. snid insurance company on account of such policy, ancl such insurance co:apnny siooll in no respect be responsible for the proper disch"rge nf the trust or nay p:lrt thereof. ARTICLE VII. The Trustee shall be responsible for the proceeds of lh«.> policic:; only as, if and when paid to the Tru::;tee, and the Trustee shall not be liable to anyone if for nny reason the policies, or any of them, shall lapse or othetvise be uncollectible. Except at its own option, the. Trustee shall not enter into or maintnin any litigation to enforce pa)~er.t of the policies, or any of them, until it shall have been indemnified to its satisfaction against all expenses and liabilities to which it may in it1: judgment be subject by such action on its part, but the Trustee mny utilize the proceeds of any policy to meet expenses incurred in connection with enforcing payment of a~y other policy. AR"£ICLE VIII. Durin:; the lifetime n( the Insured, unless and until the trust receives assets for investment, the Trustee shall receive no couopensatiun for its services hereunder. Follo-.ling the Insured's death, -12- or upon receipt of assets for investment, the Trustc~ :;lo;oJ.l ;,,. •·o:llll•·d to d~duct ns compensation for its services hereunder a. rcn:.:on01hl(~ ( c.·t~. \:h tell fee shall be in accordance with the then prevailinc rnte o[ conol'•·n::.ollno. chnrced by the Trustee for like services. lN WITNESS HIIEREOF, the Insured has hereunto set his lwnd «nd seal and the Tru~ r.ee has caused this Acreement to be executed by l.ts duly authorized officers and its corporate seal to be hereunto affiY.ed as of the day and year first above written. WITN:':SS: lNSURm>: TRUSn:E: ATTEST: PlTTSIIURGII NATIONAl. UANI~ / .01 ;;.-·· ,.~,. /1-/..-__.,··· . ... . v. ,. / . ?1 /'•' 1-.-. ·( .. 'Sf/ -C.· v -·-------.J Vice !'resident -13- '-------------------------------~~~=~~~--~----· --~-=----~--· --~·-~''-'''-''-'''-''"-''"-'"---"'''-'-~'-="--'=·'-'"--"''"---'.'"-'--"""-"-'-'-'-""'""-''"-''"-'---''"-'-"''-''''-'''-"'CO'"CC'·C'-~ .,...._., ...... -~·~..-,7"f-. ._..,..,. . ..---.-••. .., ........ • ~·~ ..,. 17 (;:07 l,!il 1.074!if,.j SC!ll:.JULE "A'' £1.! .. :-~ o::.:a _(!f21i?,\{l'l.:_ }L::t~opoli.i:nn Life lu::.urr.nt:·! llctropol.i.C.:~:; LHc lnstl!'no.cc Union C~ntrnl T.!.(c l!l~urnnca ·•· t-:~21:. 1,000 10,000 5,000 l ,t• • ~ IN THE COURT OF COMMON PLEAS O;F WASHI~GTQN COUNT~,' -~:A~ ORPBANS L COURT DIVIS IQN No . 6 3 6 8 15 7 7 IN RE: ESTATE OF DOMINICK C. CALABRC Deceased Petition for Distribution . . . ' 'NJLLJA~·1 E. SPEAKMAN, JR. ATTORNEY AT LAW WASH/SGTON TRUST BLDG. \'t.!.SHINGTON PA 16301 14121 228·4465 ' .. ;. IN RE: RESIDUARY TRUST OF D. C. CALABRO ESTATE WHEREAS, on November 13, 1968, D. C. Calabro died testate and his wil was admitted to probate by the Register of Wills of.Washington County, Pennsylvania; and WHEREAS, pursuant to the terms of said will and a life insurance trust agreement executed by the decedent on May 29, 1968, a residuary trust was established wherein Pittsburgh National Bank is the trustee, Margaret R. Calabro is the life tenant and the children of Margaret R. Calabro and the decedent are the remaindermen; and . WHEREAS, this trust has been and is being administered by Pittsburgh National Bank as trustee and is designated by the Bank as Account 10-01-001- 0807618; NOW THEREFORE, I, Margaret R. Calabro, for whose ben~fit a trust was established by D. C. Calabro do hereby !enounce, disclaim and relinquish all right in and to said trust and/or any income produced thereby and/or any other benefit incident thereto which I might enjoy. sealed this instrument this 1982. t ' ' Wll.LIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHJN(I;TON TRUST BLDG. WASHINGTON PA 15301 (412) 228·4465 STATE OF PENNSYLVANIA COUNTY OF WASHINGTON ) ) ) SS: On this, the ~~day of April, 1982, before me, the undersigned officer, personally appeared MARGARET R. CALABRO, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained. In Witness Whereof, I hereunto set my hand and official seal. Notary My Commission ·~· " ~·t ",/·•"" 'i ~ .~ :~: :fl '·' ~~(I ·~ _y_~ ... ' ·' ;..;) . ·-~ ' ' ;() ·~ ~ 3-{:;f-/~-;77 IN THE COURT OF COMMON PLEAS OF WASHING.TONCOUNTY, PENNSYLVANIA .. . ORPHANS·' COURT DIVISION IN RE: RESIDUARY TRUST OF D. C. CALABRO ESTATE RENUNCIATION ,.....<J~ L''~~ ,.·:.···:~ c '• '~) '· ; " (,j ~ zs \ \\d e .1\ti 1 .. n r, fhd~· to' 0:;\]J'\d ·.~. ·, .. WIL'LIAM E. SPEAKMAN, JR~ i: :~(;"~!;; ~ '~,.,.~ ;.; .. - -... -~~ ; "" •. :~~ ... -~ .. :". ' '"~ --.~ . ~:' ~ ... ;_.,:_~ . ,. • . . -.. , Y;' ' . . . ATTORNEY AT~;L:Aw WASHINGTON TRUsT'' BUILDING WASHINGTON, PENNSYLVANIA 15301 - . ·'~- "''' -~ '/ .,,, ---------··-------------------------------------------------------------------~ j Date _.:.._:f\1:..!.._A.....!. .. ,_,=-~-.:.....:'9_g_v ___ _ T0-868 A. FRANKS, Prothonotary c Lt_sf?J.(. eF lJ-1 u Oil. PJ..li!.N s I c.o (j ~'i" ~9 IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PA. o/lPJ.ftJ.rJS' Cou!<r 'l>n!IS to;J No. ~ ~ -.....!/c..::::S::..._7_:_;_7 ____ Term, 19 __ , __ _ Attorney for 6t.f'NtSFtC./1121~ t9F r~sq- Address: 44-7 W )QS~ttJC1'0N li'W.sf' i3uiLD~tJC. WASt-lt/JG'Tl),../ pA, /SJOI . I WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG, WASHINGTON. PA IS301 (412) 228·4465 IN RE: WILL OF IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION TRUST UNDER THE ) ( No. 63-68-1577 D. C. CALABRO ) PETITION UNDER PROBATE, ESTATE AND FIDUCIARIES CODE SECTION 6102 TO TERMINATE TRUST TO THE HONORABLE JUDGE OF SAID COURT: Your Petitioner, Margaret R. Calabro, respectfully represents that: 1. D. C. Calabro died on November 13, 1968, leaving a last will admitted to probate by the Register of Wills of Washington County. Under the provisions of Item Fourth of that will a bequest was made to a previously established trust. Your Petitioner is the decedent's widow. 2. Pursuant to the will and the terms of the trust instrument, the sum of Twenty-Five Thousand Five Hundred Ninety-Nine and 10/100 ($25,599.10) Dollars was placed in a residuary trust fund which is the subject of this Petition. 3. A copy of the will is attached hereto as Exhibit A. A copy of the applicable provisions of the trust instrument is attached hereto as Exhibit B. The applications provisions of the trust, Article I, Section B (Residuary Trust), provide that income is to be paid to Margaret R. Calabro for and during her natural life and following her death the corpus is to be distributed to her children in equal portions. 4. Data regarding the performance of the trustee with respect to the production of income and growth of principal is attached hereto as Exhibit c. 5. Your Petitioner has an estate of approximately Three Hundred Ninety Thousand and no/100 ($390,000.00) Dollars which she manages. The return on principal is currently approximately 6.7%. If the value of the Petitioner's home, furniture, automobile and jewelry are removed from WILLIAM E. SPEAKMAN. JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG, WASHINGTON. PA 15301 (412) 228·4465 !'• consideration, the return is approximately 9.7% which should again be increased because some of the income is tax free. The return earned by the trust has been approximately 5.14%. 6. The purpose of the trust agreement and the will was to provide your Petitioner with the services of a bank to manage her estate and to conserve principal for the benefit of her children. Obviously, your Petitioner is capable of managing her own estate and she is investing to produce a higher yield than the trustee. Your Petitioner has relinquished her interest in the trust in favor of her children as she believes it is imperative that the yield be increased. A duplicate original of the renun- ciation is attached hereto and made a part hereof as Exhibit D. The Marital Trust established by the Testator has been terminated, your Petitioner having withdrawn all the funds therefrom believing that she could manage them in a fashion superior to that of the trustee. A third purpose of the trust (of the entire estate plan) was to reduce federal estate taxes and this purpose will not be thwarted if the trust is terminated and the corpus distributed to your Petitioner's children. 7. Your Petitioner requests the Court to terminate and pay over the entire principal and accumulated income after deduction of expenses and commissions to her children outright under Section 6102(a) of the Probate, Estate and Fiduciaries Code. The children of Margaret R. Calabro and the decedent are: a. Margaret Jean Terling, Age 40, 1600 Hollowtree Drive, Pittsburgh, Allegheny County, Pennsylvania 15241. b. Dominick C. Calabro, Jr., Age 45, 115 Benton Drive, Canonsburg, Washington County, Pennsylvania 15317. c. Robert P. Calab:ro, Age 44, 707 Alpine Drive, Canonsburg, Washington County, Pennsylvania 15317. The children consent to the prayer of this Petition. 8. The trustee evidently does not actively oppose the prayer of this Petition (which it knew would be filed) as it filed a "First and Final Account". -2- WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST SLOG. WASHINGTON, PA 15301 (412) 228·4465 9. The trust~should be terminated because its original purpose has failed. Your Petitioner is capable of managing funds and is investing in such a:::manner as to. produce more income than the trustee. Moreover, now that the life estate is terminated, the remainders have vested. 10. The balance of the trust is considerably less than One Hundred Thousand and no/100 ($lOO,OOO.OO) Dollars. 11. The trustee has filed a "First and Final Account" which is scheduled for audit by your Honorable Court on May 6, 1982. WHEREFORE, your Petitioner prays that your Honorable Court enter an order that a Citation be issued to Pittsburgh National Bank, Trustee, to show cause why the aforementioned trust should not be terminated under Section 6102 of the Probate, Estate and Fidueiar;tes Code and why the trustee should not file an account and after approval thereof make distribution outright to Petitioner's children of the entire net balance available for distribution from this trust; and further prays that the audit of the trustee's First and Final Account be continued and scheduled simultaneously with the return date on the Citation. -3- Respectfully submitted, iam E. Spe m n, Jr. Attorney for Petitioner 447 Washington Trust Building Washington, Pennsylvania 15301 Phone: (412) 228-4465 WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG. WASHINGTON PA 15301 1412) 22.8·446!5 ,i COMMONWEALTH OF PENNSYLVANIA) ) SS: COUNTY OF WASHINGTON ) Before me, the undersigned authority, personally appeared MARGARET R. _, CALABRO, who, being duly sworn according to law; deposes and says that the averments of fact contained in the foregoing Petition are true and correct to the best of her knowledge, information and belief • .. Sworn to and subscribed before me this :;,qf!l day of April, 1982. ~ i .. fitu m. v?alrtde~' Notary Public-WQ S n. > \NQS~. Co.) PA tv'\v 'QomM; s~ lor\ E~pires: Y-IS~~s I .::! 1 ' ,, ~ ] I J .) j :! j ~ j ·; t i :1 t 1 I " ~ ;j ~-j ~-j 1 -~ " ~ I ~ J ! .:i i ·; ·.I -l 'l I 1 I .I ! . , ·l ! i I I i I ·' l I .J l l .l I l : 'j i j I ' 1- I t l il: ! ' ~ ~ ~ F t > ~ ' • ' t ! LAST HILL AND TESTt\HENT · I, .DmHNICK C. CALABRO, of Hashington County~ Pennsylvania, being of sound mind and memory do Tr'ake, publish and declare this my ~ . . . . . ·Last Hill a;d· Testament, hereby revo1dng~\d declaring null and void · :':~::.,any and all. lUlls. and Codicils by me at any time heretofore made. _---~~~ '"----._,· .· :::~:~_.-. -·> -_; .· <-.--~-~ --x; .. _ .-. :.::::_·-·:~·· .. --,::·,,;~~ -.. -. -~---r·--;fi~-:-~~t~/~:--· ·· ). ·.·· · ·-~--":;' -. . . . . ·-.. ,_-~_FIRST · · I~ direct my Executor to pay my debts, the expenses ~-i;:~--.= 7~' :- expenses • -~;,~-. ' -;_· 'i-~-.-:_ .. ;.:£'>~:: .·-·.::_.-_ ,. •:·.::----.-: SECOND: . -·.· .. _. . . I give and bequeath all t;J.Y jeuelry, autor.1obiles;' c1oth~ng and :.c>.ther purely personal effects' as l·7ell· as all household .··"'-T-~-; .. . ---~ -~,-..:-·,_. ~--. ::.-"::\:>:;~ .. 0.-.: · ____ -, .... I may mm, to my 'tdfe, lrARGARET R. CALABRO, < -~ .. ~-.~··'-0:: ."; ;.··· •c·. - . --,.-'· and bequcathc~ the aforesaid items to ny then living children, to be dis- . tribtited ~~ong them as they shall mutually agree, or in the absence of . -~ ·. . . I stich agreement, as my E:{ecutor, in its sole discretion, shall deem advis- :able, naking such distribution in as nearly. equal shares as possible. _._::.. THIRD: If my wife, HARG:'\RET R •. CALABRO, su;rvives me, I give, devise and bequeath to PITTSBURGH NATIONAL Bfu.'iK, Pittsburgh, PeP.nsylvania, I as Trustee, u11.der that cert?in Revoc~ble Life Insurance Trust Agreement dated . ~ . . . . . -.. . {\""'\.; ·; "1..--C\ , ILl l-,-,, , and actually executed by r:1e. prior to the execution of / i) I . . this L2s t Hill and Test<!::Jent and as the sar.1e nay be amended from time to tir:!e., so muci1 of sy estate as 't·lill afford ucy estate the reaximum allo",rable r:w.rital EXHIBIT A .. '' L r i . '; " ' deduction under Federal Estate Tax La-;.rs \.;hen this share of my estate, so given, -is· considered 'tdth any and all other property of mine passing or 't·lhich has .. passed to my wife under the provisions of_ this Hill or otherwise, ~md which · other property is included in the oarital deduction allm.red my estate. There . shall be e.xcluded from this devise and bequest any assets which do not qualify 3for the marital deduction. The property thus bequeatped shall be held as the ::::. _,. ___ . '_ ---~--... · "::.: c~·;:<Harital Trust u~cler the terms of said Agreement. 'J~~~;;0E{"fii~;:~'In~e event my wife and I should 1 die either simultane- ·~o~ly·;·~r_ uhder':·~ircurnstances Hhich do not afford sufficient evidence as to -.. ~. ___ -~ .. _ -:;: -.-·":.: ·-.:--~~:.., :-;· '----_· -· ·_ ·. . . -who~~~s'th~·::~u~·:_tvor, it is my intention that. it bepresumed that my··~ife -->---~-: . .: : ~ -::>---~;-_:;..· . ~- 0 :-':· ·::...::· .-~~ .-.-•• -':..;, ~ ~ •• • · s-~&ived m~_:jf}~~~-.'7'' ,. -, •" . ~--~~~ -:l·-~-~~-> .. .·_;.:_FOURTH: =·· All the rest, residue and remainder of my estate re- ... -. ~~·-;: ... ~--·--; ;~. _._,_ -. maining a~tei>the 'payment of taxes as hereinafter provided, I give, devise ~--·.,_, .·-.. , .. · \ _arid bequea~h: 'to my· said Trustee to be held as the Residuary Trust unc!er the --:.·· Revocable Life· Insurance Trust Agreement referred to above. -~: ... ~ .. --.. ·;. .. FIFTH: If for any reason the said Trust Agreement is ineffec- tive as a trust at the time the assets of my estate are to be add_ed to it, then the pro~erty herein given, devised and bequeathed to PITTSBURGH ------ NATIO)JAL BANK, as Tr1.,1stee under such Trust Agreel:'tent shall be held by it in trust in accordance Hith1 the provisions of the said Agreement in its form immediately prior to the execution of this Last Hill and Testament. SIXTH: In addition to the pm·lers conferred by lm-1, my Execu- tor shall have the follo~·ling discretionary po'\-7crs: 1J \ .. ------- . ; .. :. '- ' 1 1 l ~-...... A. - -To retain as part of ny estate any property received· _< hereunder -.--__ -, l·lithout any duty of diversification, and which shall_ specifi-- ,~ally include any stock which I may own at my death in PITTSBURGH-- liATIO~ltu. --~.t\NK. ... ~ . · .. · __ __..--.... ,--~ ' ---•..•• -•..__f-.,_,_. -::' .---~--~.::.._. . ·~ .. ':: 1:fi"{ .·c. ::Y;:;~,( B. . To invest and reinvest the prin.cipal of my estate in -,_,_-,·-•. _·_:r:~_.· __ -_.:,-_,_·._,: ..... ~. ' ~-·' ~--~-.,..:·.~\ -;··-< .. ~""· .. --: .... -···.---:..:·" .. .:.-:~~~;:.. ,_ ·. ~c--·-_--:-=r;:· ··.-::,~-:_,;·-:.;·; .;:.-__ .. . . : ·: ' :'&•:::Stocks , ; bOi\as {inor tgilges , securities or other p rope~ty , real or pe]C's onal, --,,~~;!~:r~~~t~~ii:: .;,:~:_\.\;::'r;;~:::: , ----· - ----~ · ·''tO»:lth<mt:belligflimited to the classes of securities .Pr investmenfs innhich . ~~~t;t:~~~tJ~~la~.~uthorized to invest funds.. . . ·.-( ~-i·}W:~;.;:tc. ~---To sell, exchange·, lease, encumber, option or othernise ~~~!~:n[till;:n:n;o:::::t::n~y ~:s::::~ ·::·;e:e:e:::::~l:: :::h t~~ne~~ ·-~ _ Jl1ake; execute-~tnd deliver deeds, mortgages, leases, assignr:1ents and other . -. -.. -.::-.. ,... ... ~.:~.:... . --· •co:-:-_, __ ;-s.;.•c :: . , ' ~-~-~~~en~-~::~~~~~sary to effectuate any pmo1ers herein granted and which shall -~ __ ;~:;;;:_~:.: :-~ _,·<: specifically_-Al1clude the authority to grant leases extending beyond the per-:;..-~_ · ___ ._.. ·-. -~:;~,~:f~--~~i: .. >-. . ·-4 :D. To make distribution of my estate in kind, in cash, ~ or-partly in kind and partly in cash and to this-end t allocation -of -assets in kind shall be in the sole discretion of my Executor. Assets ~i~-tribut~d in kind in satisfaction of any pecuniary distribution under -.. ~-.. •· ... the terms of this Hill shall be distributed at their values. on the date or dates of distribution. SEVENTH: I direct my E:<ecutor to pay _out of the principal of my residuary estate all Federal Estate,_;: State Inherit-ance, Estate and Succession Taxes imposed upon orHith respect to my e~tate or any / .· _,- ~ j l i '! : 1 I : ~ ·• ~ i l: ' -'~ i i- ' : I I j ~ i ' 3 j , .. .,.- prop~rty i~ 'lvhich _I may have an interest, in_cluding any pro;?erty not - ·forming a part of my testamentary estate but included in ny grossestate .for tax purposes, except any property over _,..,hich I. have a taxable power .. ·._. ;··: -_ of appointme-nt in the event it shall be held that I have not exercised -such pm-1er of appointment in this \Ull at su~h tines and in such manner ----, 'as ___ my Executor in its sole discretion shall deem advi~able, and no such . • ·--.--• -. ·-·--~--·• I <;><~ .. :· . . \ taxes' :or-a:r1y. portion thereof so paid _shall be collected fron or paid by }~i~~eri~.~~?~; p~rsons, or corporations by way of rei.,burse8ent, .-_·pr~~~tior{~ apportionment or othenvise. ~: :,;_,~~;~:::-':::;~·; : ~j ~~·-c,.>,,-': L. -------~-- ;{~~~~~~~?:·;:;~(~c -~.--/J e.'a. rnV -SotJ, Qo 5~<Z-r -~· CA.L~t\ e.o -~hcF ._:_·.:.:.. ~1"-::_: _ ::::2};,:.:_:~:: : EIGHTH:_ -.I name and appoint11 PITTSBURGH _NATIONAL BANK, ---~-~~-.. ""~--·: . --. .., .. Pittsburgh ;-·~Pe~flsyl vania, ---~-----· • ~ 1--< • • t-. -. . -: - Executor of this, my Last Hill and Testament. Y\.:·/~ t . .:·~\?:";(:.. . . . -:~.----0,_,-:: )"'" ~~.: :': : . -:·-. -NINTH:-.: .· I appoint PITTSBURGH NATIONAL BANK as Guardian of any proper-ty: which ·pass-es to a minor and >vith respect: to't-rhich t am ·_ .. '--. -~ ::-.- <):Uth.orized _to ,appoint a Guardian and have not othen1ise specifically don~-·so; gr~nting it in this capacity the poHer to agree to any dis_t~i-=: ___ _ buti6n -of tl-le said property that it deews advisable; the pm"er to retain . any. property, real or personal, rece!ved by it· in kind and the power and authority to sell the same upon such terms and conditions as it believes · --' advisable, giving good title to any real estate thus sold; and the pm-Ter---- ,and_authority to invest in such stocks, bonds and/or other investments ./ it deems advisable, Hithout being limited to those investnents in 'tvhich guardians are by law required to invest minors' funds; and the pm-1er. and authority· to disburse to or for the benefit of the minor \o;ards so much of the income and the principal of the ninor's share of the said property as it, in its sole discretion, dee2S advisable for the ninor's comfort, maintena.nce, support and co:nplctc education, including preparatory, college -,/. ~·] l'l '·' <; ' ' : ~ 1 l I \ \ ·i -· 1 -~ ': r ' . . i 'l ' ; l ' 1 I i .. ~-~ -·-· •..• ,-. J;······ ........ --- ·, \~ ·: . \- '< and post gradu3te or professional training, and to aid the ~incr in the event of ·a:.'l.y illness,-injury or other emergency affecting the oinor wards ·.~~herein mon~y is needed. .Any disbursements hereinabove authorized may be • < < < >,~ade to the parent, guardian or such other person as oay have custody of -# , . . ~he personof that minor at the time ~.':l~b-r~yoents aremade, without lia- . ··.-bility on the part of PITTSBURGH NATimiAL B1\:iK to see to the application of any such person shall be as . to any amount so paid. day of ~.~· ..... -· . ·--.· -:.-~-~~ ,-:-~_~(: ___ ~·. · S:igrt~d; ~ealed, published and declared by the above naned Testa- _._·:.·~.-:.... ~--{-~:_<-~-~'-·~· · tor'~:-~DOl1INici6:C.-;:CALABRO, as and for his Last Hill and Testa"Uent, in the •• ·-·:c-.. :.· ·:... .-.; . .:..> '~ presence of:~~-~-\.rho. at his request, in his presence and in the presence of ./..:.~~ -:.' :·_·-.; ... each other have -hereunto subscribed our names as witnesses. Address I' ' \· .. ---~ ./ .. , .. . . -<- ·. ; . > .-1 ~. . ~ .• --~:~ . ?~~-~-~/:~>.-7 ,,:_ ,... __ "/:' .. _":_---: __ :~'--·'-,.,._,.., _ _, ... /' j) . ; /'), . __,_.,.t--.:--l-~=; i~r /~ - - . .. ' ~> r .• •; --:-:1-Y-~:.-~-:.:~ .:. c.--/ • I ,) . ! Address Address -., ., :: uher~in mon(:y :!.a needed~ .;, 3. .. .. )r 7.'1:'u:Jt ~ .. il!lq in tho han"ua of tho' '!r\JOtc~t of r · . .... , n • '1 .. ...... ' ,,. ·.; · .. ~ ,..._ ' .~.1 '· ' ..... . '::~ : .. '•: ·-;:. r I i I dbt,;y·ot'!.on. d.:;.e:~~l n.,~vJ.r.;::Jlc, for her h..ralth. l" • ..lint:cn:mcc lW<t llUPf·<~t:t. ' ... . .· r· !~h.,\;~.::; .'!.·:> t\~n ~·~t·•.•·:1:r:L~, l.n .tc;:t coJ.<: 1H:-~t~c..::~tQI\~ ~.:k,~:;,}J l'H!'ILH•thla (or h'lo:; . . .. , '. '· . ~ ~·-... , •. , .......... ,., '· • .. , ()~ :., . .,. ''··•t·l liv"'\" ·f··'•'l'" .... ··~ ...... '''tl"'' . nl·····ul··r· ... ly ~ .. !:o. l~,~_:: ~L •. ~ ...... ,' ... ~ ... ~ ... ~-..~ • ~ .'.',•-0•11 t.t~·i;" " .,\,, . .,: .• ,.,,.;.)·~-:I ~,.~ .. ~.:.t-....... 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II '; ~-:lJ-7sh-?.7·7~ -~~;. -~;;·t·~~~~---I .. ;~~-~ ~--r~·;·~·;·;T ~~:;-· J.o/ .. ;~·;: I ;~-~~-7~--J r . ~~~ i·;?.:~~-;e; ·--~---..... ----~-----·r·~-1-~ ... l ~;·;7~-: 3~;-~ B · il· /S i ... ;:• ;~;~;27.? 6 l }3 ~;;-t-·l9. 7'S-j z;.2.~~ I g. 29. / )~·-;· ;,-q~ -~-tJ;·~-~~J~ :· ·-_:· -·-----~-. ----!-------·--r-----· -------,' ~~~ 7;-~:~;;:-;-~ :2.7:~-!.:?30.;-;-r /?,S3--r:;)~:i~-t;-.:~-~r-r;:~.-~-~-·r~~-3: .. -~-¥1·1~-.-;-s-·--;--~;~-r~~~-----~r-----~r._ ::-~:?;; :. ~~9 ?~=-i ·· ~~-o-6-r;.;_--Y.-: -~ --~ ~-;_-q~~i-~v;-79i;.~-'J--.7-~~~.!~ _-,,-;;3;·:-~} -_-------___ 'f_£ ___ T -± ---+ -1 , ' , , • • 1 1 ~ I I ; . I I I I : · __ _ ~----------r-~ ---n,--·if:l;~~--r-~;~;~ J;;-~:---~~~--~A-,~~~~;-~-~~-rr··-------:, -5----~,~~;;~~ ------~ --~~~-:-~----~1---------_., ,..,.._, . ; .... _ .. ·· -~-~-'""'~ .... --·"'"1'••"'":,-" !0""' ...... . ---------..----- WILLIAM E. SPEAKMAN. JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG. WASHINGTON PA 15301 (412) 228·4465 ',• IN RE: RESIDUARY TRUST OF D. C. CALABRO ESTATE .... '·~ . WHEREAS, on November 13, 1968, D. C. Calabro died testate and his wil was admitted to probate by the Register of Wills of Washington County, Pennsylvania; and WHEREAS, pursuant to the terms of said will and a life insurance trust agreement executed by the decedent on May 29, 1968, a residuary trust was established wherein Pittsburgh National Bank is the trustee, Margaret R. Calabro is the life tenant and the children of Margaret R. Calabro and the decedent are the remaindermen; and I WHEREAS, this trust has been and is being administered by Pittsburgh National Bank as trustee and is designated by the Bank as Account 10-01-001- 0807618; NOW THEREFORE, I, Margaret R. Calabro, for whose benefit a trust was established by D. C. Calabro do hereby renounce, disclaim and relinquish all right in and to said trust and/or any income produced thereby and/or any other benefit incident thereto which I might enjoy. IN WITNESS WHEREOF, I have signed and sealed this instrument this ~~ day of April, 1982. /s/Jeo.n S. ~fscb I I Witness /s/ A1ctr~aref R. G !C<bro (sEAL) I f Marga et R. Calabro EXHIBIT D .• Jn Wqr Q!nurt nf Q!nmmnn Jlra.s nf lla.eqingtnn O!nunty. Jrnn.eylttant~ In re: Trust Under the (@rpqann' Q!ourt iEiittt!ilOlt Will of D. c. Calabro Q.tttattnu @nmmnnm.rultq of Jrtttt!iylunnia ) (!lnuuty nf lit! ruJ4iugtnu ) .65: 63-68-1577 To: Pittsburgh National Bank, Trustee Sur Petition of: Margaret R. Calabro <Srrrtiug: m.r illnttttttUttll lou, Pittsburgh National Bank, Trustee that, laying aside all business and excuses whatsoever, you do file in the office of the Clerk of our Orphans' Court of Washington Couniy, a full and com- plete answer, under oath, to· each and every of the averments of the said petition, on or before_.M~olol,,n~do!!.Sa~yt.__ ___ , the 2ls t day of__,J"""'un=e'-------- 1982 , at 9:30 o'clock_A. M., and show cause why the aforementioned trust should not be terminated under Section 6102 of the Probate, Estate and Fiduciaries Code and why the trustee should not file an account and after approval thereof make distr~but~on outr~ght to etit' ~er's c ildranfof€~he entire gef ~Slace ~~aifa~frrf~r dtst~ibu~rs an ~nj ·Aggoun¥rc_ee~oRt~fiflet-[na-s~h~Mfiiea0s~m--taB~~u§!y5with ne feturn a e Qn tne ~tat~on. and urther a i e the order of our said · Court in the premises, If you fail hereof, the petition i:nay be taken PRO CONFESSO and a decree made against you. WITNESS the Honorable Thomas J. TerputacJudge of our said Court, of the Orphans' Court~!-. William E~ Speakman, Jr. E sq. Attorney for Petitioner. (Seal) · • . .. .. ,. ,. r WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG. WASHINGTON. PA 15301 (412) 228·4465 i, { ·'' .. IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA IN RE: TRUST UNDER THE WILL OF D. C. CALABRO ORPHANS' COURT DIVISION ) ( ) No. 63-68-1577 ORDER AND NOW, this · · 3 day of · ·· 1'111 '/ , 1982, upon consideration of the within Petition and upon motion of William E. Speakman, Jr., Esquire, it is hereby ORDERED and DECREED: 1. That a Citation be awarded as prayed for; 2. That a full hearing shall be conducted o~ J V J1V r ~ J , 1982, before the undersigned at f:3Do'clock A_.M. in Court~oom No. '-f , Washington County Courthouse, Washington, Pennsylvania; r:::z:: ·::z:z::z::z:~::zz :' 4. That service of a copy of this Order, the Citation and the within Petition shall be served on the children of Margaret R. Calabro and on Michael E. Kusturiss~ Esquire, counsel for Pittsburgh National Bank either by personal service by an adult individual or by certified mail, return receipt requested. BY THE COURT: J ~).~~~ Thomas J. Ter{tltac ~:.; .~ ''J ~"1- '•.:.. t~ " ~ ' -I l i I \ l I \ c ( I • l i ~:.-j ~~ .,, .• t ,. .-r 'Ji "'.'.;-f\•: '·~' ~?' IN RE: TRUST UNDER THE WILL OF D. C. CALABRO PETITION UNDER PROBATE, ESTATE AND FIDUCIARIES CODE SECTION 6201 TO TERMINATE TRUST A ~-L76!- b(-2$ ~. o'd 1d f,s 0 0 -& ! .· ~ :·=. \·;-1·,.-~ ;:;: ~ ~ !, ·J ·~l-~1 \ {f, .:t j\..i j :; •I·~ c •• • i ~-· El __ £ tt~ S !"ll "I!' n'l h £. t~' GJ:':lil$' < . _ :::.) .· L TR·2•B REV • 2•80 IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. lo 5-lo 8-1~17 ESTATE OF DOMINIC C. CALABRO, DECEASED FIRST AND FINAL ACCOUNT OF PITTSBURGH NATIONAL BANK TRUSTEE UNDER IRREVOCABLE INSURANCE TRUST AGREEMENT DATED MAY 29, 1968 FOR MARGARET R. CALABRO RESIDUARY TRUST 80761-8 FEBRUARY 25, 1982 S U M M A R Y ------- SCHEDULE A PRINCIPAL-PERSONALTY Receipts Pages 3-5 25,663 48 / Disbursements Pages 6-7 2,932 75 v Balance 22,730 SCHEDULE B INCOME-PERSONALTY Receipts Pages 8-9 18,007 83 ..,-- Disbursements Page 10 17,618 92 L,../ Balance 388 NET BALANCE 23,119 ' 73 91 64 L r # ,. .. . i DOMTNH' (' C'AT.A'RRO ' TR-2-A REV. 9-62 I THE BALANCE CONSISTS OF THE FOLLOWING: PRINCIPAL-PERSONALTY Cash Equivalents Short Term Investment Fund Personal of Pittsburgh National Bank 227 units 22,700 00 Cash 30 73 INCOME-PERSONALTY 22,730 73 Cash 388 91 l 23,119 64 IV Note: Attorney's fee in an amount to be determined payable to Michael E. Kusturiss will be charged and shown as paid in the Supplement /~;/< to this account. (lbb-6l. '\.... ---- I -2-/ TR·2·A REV. 9·62 DOMINIC C. CALABRO SCHEDULE A PRINCIPAL-PERSONALTY RECEIPTS Proceeds of Insurance Policies on the life of Dominic C. Calabro, deposited pursuant to terms of Life Insurance Trust Agreement dated 5/29/68 as follows: Metropolitan Life Insurance Co. No. 17857461A Metropolitan Life Insurance Co. No. 13728375A Union Central Life Insurance Co. No. 2074486 Pittsburgh National Bank and Robert P. Calabro, Executors of the Estate of Dominic C. Calabro, No. 80760-0 Assets awarded per Decree of the Orphaps' Court of Washington County, PA dated 6/6/72 at No. 63-68-1577 Stocks 2 shares Chartiers Area Development Corp. 2 shares D.C. Transit Systems Inc., Class A 1 share Ventur~ International Co. 300 shares Webb & Knapp Inc. Cash Refund of amount reserved re delivery of securities -"-3- 10,808 13 1,046 46 5,019 73 16,874 32 v 1 00 1 00 5 00 45 00 I 8,707 06 I I I 8,759 06 20 00 8,779 06 t/ ' . DOMINIC C. CALABRO TR-2-A REV. 9-62 ' I Assets Purchased I Units of Common Fund Discretionary Investments of Pittsburgh National I ! Bank purchased as follows: I 5/12/69 1,611 units 15,994.14 7/31/69 99 units 877.90 4/30/73 996 units 8,692.98 1969 Feb. 7 Ford Motor Credit Co. Short Term Loan 16,000.00 1973 March 13 Ford Motor Credit Co. Demand Note ~ 8,000.00 I 1982 I Feb. 4 228 units Short Term Investment Fund Personal of Pittsburgh National Bank 22,800.00 Gain on sale and Conversion of Assets Liquidation payments on 1 share Ventura International Co. as follows: Cash 12/27/73 @2.50 per share 2.50 1/11/74 @5.50 per share 5.50 12/26/74 @2.50 per share 2.50 12/23/75 @1.11 per share 1.11 11.61 Carrying Value 5.00 6 61 1981 Feb. 19 Net proceeds sale 2 shares D.C. Trading I i and pevelopment Corp., I I Common @2.25 4.49 I Carrying Value 1. 00 --3 49 10 10 I I I I I -4- - ----------------------------------- DOMINIC C CALABRO . TR-2-A REV. 9-62 ! I Sale and Conversion of Assets Without Gain or Loss 1969 May 2 Proceeds sale Ford Motor Credit Co. Short Term Loan @100.00 16,000.00 Carrying Value 16,000.00 0 00 1970 July 31 1,710 units Common Fund Discretionary, Segregation Account received at 190.70 due to segregation of Penn Central Co. stock as of 7/31/70 from 1,710 units Common Fund Discretionary i Reduction in I Carrying Value 190.70 0 00 I Aug. 27 2.746 shares Penn Central Co. Common at 190.70 I Received in exchange for 1,710 units Common Fund Discretionary, Segregation Account Carrying Value 190.70 0 00 1973 April 30 Proceeds sale Ford Motor Credit Co. Demand Note @100 8,000.00 Carrying Value 8,000.00 0 00 1978 Nov. 16 2 shares D.C. Trading & Development Corp., Common 1. 00 Received in exchange for 2 shares D.C. Transit Systems Inc., Class A 1. 00 0 00 1982 Feb. 25 Proceeds sale 1 unit Short Term Investment Fund Personal of Pittsburgh National Bank @100.00 100.00 Carrying Value 100.00 0 00 0 00 25,663 48 v -5- - DOMINIC C. CALABRO I TR-2-A REV. 9-6 I DISBURSEMENTS I I Administrative Expenses 1972 Dec. 18 Pennsylvania Department of Revenue 1972 Pennsylvania Fiduciary Income Tax on Capital Gains 11 55 1981 March 6 Postage & insurance charges re sale of sundry securities 0 50 1982 Feb. 25 Clerk of Orphans' Court Filing fee 85 00 Trustee's Compensation I Paid 2/27/76 to 2/12/82 435 87 532 92 ly Loss on Sale and Conversion of Assets Proceeds redemption units of Common Fund Discretionary Investments of Pittsburgh National Bank as follows: 4/30/76 3 @8.805532 26.42 (./ Carrying Value 28.13 1 71 4/30/77 6 @8.977 53.86 / Carrying Value 56.26 2 40 4/30/78 8 @8.518 68.14 / Carrying Value 75.01 6 87 1/31/79 12 @8.599 103.19 t/ Carrying Value 112.52 9 33 4/30/80 2_@8.620 17.24 Carrying Value 18.75 1 51 (/ 4/30/81 6 @9.274 55.64 Carrying Value 56.26 0 62 t../ 1/31/82 2,669 @8.569 22,870.66 l/ Carrying Value 25,027.39 2,156 73 1970 Dec. 31 Proceeds sale 2.746 shares Penn Central Co., Common as follows: 0.746 @6.9973 5.22 2 @5.408752 10.82 16.04 .........-v Carrying Value 190.70 174 66 2,353 83 -6- DOMINIC C. CALABRO TR-2--A REV. 9-62 Securities determined to be worthless and withdrawn 1973 Oct. 26 300 shares Webb & Knapp Inc. 45 00 Nov. 12 2 shares Chartiers Area Development Corp. 1 00 46 00 2,932 75 !- I I I ' -7- I DOMINIC C. CALABRO I TR-2-A REV. 9-62 I ! SCHEDULE B i INCOME -PERSONALTY RECEIPTS Pittsburgh National Bank and Robert P. Calabro, Executors of the Estate of Dominic C. Calabro, No. 80760-0 Cash per Decree of the Orphans' Court of Washington County, PA dated 6/6/72 at No. 63-68-1577 983 56 Less: Amount transferred for administra-I iv tive expenses 10/24/73 0 32 983 24 Income -Common Funds I Common Fund Discretionary Investments of I Pittsburgh National Bank 1,611 units 8/5/69 194 27 1,710 units 11/5/69 to 4/30/73 3,169 07 2,706 units 7/31/73 to 4/30/76 4,020 25 2,703 units 7/31/76 to 4/30/77 1,416 02 2,697 units 7/31/77 to 4/30/78 1,495 11 2,689 units 7/31/78 to 1/31/79 1,126 76 2,677 units 4/30/79 to 4/30/80 2,018 80 2,675 units 7/31/80 to 4/30/81 1,816 17 v 2,669 units 7/31/81 to 1/31/82 1,414 16 16,670 6lt Income -Cash Equivalents Ford Motor Credit Company Short Term Loan $16,000 2/7/69 to 5/2/69 248 96 Ford Motor Credit Company Demand Note $8,000 3/13/73 to 4/30/73 74 29 Short Term Investment Fund Personal of Pittsburgh National Bank 4 units 2/4/82 to 2/23/82 2 95 1 unit 2/4/82 to 2/25/82 0 82 327 02 Assets Purchased 1982 Feb. 4 4 units Short Term Investment Fund Personal of Pittsburgh National Bank 400.00 -8- .. ... • . - '2 DOMINIC C. CALABRO I TR-2-A REV, 9-62 Sale of Assets Without Gain or Loss 1982 Feb. 23 Proceeds 4 units Short Term Investment Fund Personal of Pittsburgh National Bank at 100.00 400.00 Carrying Value 400.00 0 00 Miscellaneous 1969 Feb. 4 Union Central Life Insurance Company I Interest on Policy No. 2074486 26 96 18,007 83 v I I -9- - ' .. DOMINIC C. CALABRO I I TR-2-A REV. 9-62 i I DISBURSEMENTS I I Administrative Expenses Pennsylvania Department of Revenue 1971, 1973-1981 Pennsylvania Fiduciary Income Tax Paid 3/27/72 to 12/14/81 33 28 Fee for preparation and filing 1971-1980 Pennsylvania Fiduciary Income Tax returns Paid 12/4/72 to 8/5/81 225 00 Personal Property Tax I I 1970-81 Washington County Paid 7/28/70 to 6/4/81 129 89 Trustee's Compensation On Principal Paid 2/27/70 to 2/24/75 587 92 On Income 1,021 48 1,997 57 v Distribution Margaret R. Calabro Income distributions Paid 2/26/69 to 11/27/81 15,621 35 17,618 92 v I ' I I -10- Mlvt: rc:ds I I I I STATE OF PENNSYLVANIA; }. ALLEG.HENY COUNTY, .· SS: The within named Accountant b'eing duly sworn according to law, depose and say :t:f1at the ;above account d . d he ·1 b 1· as state IS true an correct as ........ ven y e 1eve. ).!) \:) Sworn and subscribed before me this . ?( .~ ... ··... . /!lJcUz:rU.../ . tv-day of .......................... , 19 ..... . . ' Al,ft~ ....................... " .............. . ' RGARCT 0 G'"" N'OT·;){"UBL'C (i I I I.:. I • H ... .::J, tl\n r I iTTSBliRGH, ALLEGHENY COUfn¥ , MY COMMiSSION EXPIRES JUNE 7, 1984 Member, Pennsylvania Association of Notanes Washington County, ss': <") ... 0 Q): +J: ... " c: .!>:::' r-1. J::. :I t:; 0 J::· ..0· Q)· u co: co· S· u <( CCI: u· Q)' ~· . o: Q): .~··.:::.\) r-1· !>-~-0· co· Q)· b> ~~ ~· J::• ~· ~: ..o· o: ~: . . ~ LL· co: ~ •·r-i . H. +J: o; r-1. cU .j..l; U). " w· co· p .co~ ~· ::S· " f.'-': ·,-, .rx <(' U' ~r-t z: Q)• H" "" 1-'-. Iii: .r::: "d' ~:-~: tm: . J::: "": W·.:'· CJ. rtj· t:J'I.' ::s.· Q) • . :X· p·,· ~·) U· .... ,, .. u· ·~ ::s· Q)' J::• '.~: ·r-i: ..0'•' Q)' co: J::. +i.. Ul. +J. H. I ·r:-l· U} .j..l. Ul· ::S· ~: S· l-1 .j..l· ::S· oo· o· . ..; ·r-i" ~· J::' ~ o: r..i P-4' E-( H: 0 z - ~. I do certify th'at ·1 have given,)eg~l notice~:J~),$1ftper.s6ns. concerned of the filing of .the wi!ffin~~ccount~~i·rr$~e:manber prescribed by ·Statute and R ~le of Cou~t/as ev'idf?ri't~,by proofs ·. · . . . . ·' ~3 _....<<··" . thereof filed to No. .·. ~.3.-:-.. C.~. :-. ~: .. ~ .. ~.':,,·.' · ·. · ~ ,'··...: Witness niy hand and official seal i~is .. :i~Y:2 ..... ~ .. davot ...• '·: .. ~:· ..•...•.• ' .. :.::;·~~S19.f.:j~ ' ... ,L? .. ~ ./) '.w..J~ ... ····.· ;~.·.·· ·.·· ........ :·.·.· ....... ·' .. ·.·.· .. ·.: .. 14',, · ~ · f7 .. Reg1sterofW,ills "'/i'l ,•, '. ' >; ,',' --. " -·-:· ... ·,·_._··-~ ~ .. 5(-~~~ · G3"UJ Q3llJ •:-' F ~ :' ~::... T~~73,R,EV. 7-10 NS ~-~-~~ .. _ .. ,.~• • ' &"' ./'/ •.. /. / // ~ . //. 0/' ) /'~/ /'/ --"'~ The Court is respectfully requested to determine proper~:~~············· . -'-J:f:t~~cel for Acc·ountant ~'. -"'~' ,------------------------------------------------------------------------------------ ...:. ··~~ IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 68-1577 ESTATE OF DOMINIC C. CALABRO, DECEASED SECOND SUPPLEMENT TO FIRST AND FINAL ACCOUNT OF PITTSBURGH NATIONAL BANK, TRUSTEE UNDER IRREVOCABLE INSURANCE TRUST AGREEMENT DATED MAY 29, 1968 FOR MARGARET R. CALABRO RESIDUARY TRUST NO. 80761-8 SEPTEMBER 7, 1982 S U M M A R Y SCHEDULE A PRINCIPAL -PERSONALTY Receipts Page 3 Disbursements Page 3 Balance SCHEDULE B INCOME -PERSONALTY Receipts Page 4 Disbursements Page 5 Balance NET BALANCE 25,663 48 3,332 75 19,842 81 18,914 63 22,330 73 928 18 23,258 91 r ,.,,., DOMINIC C. CALABRO THE BALANCE CONSISTS OF THE FOLLOWING: I PRINCIPAL -PERSONALTY I Cash 22,330 73 INCOME -PERSONALTY Cash 928 18 23_L258 91 • - 2 - ~ -~~~ ~-~------------------------- ·-' 1982 DOMINIC C. CALABRO SCHEDULE A PRINCIPAL -PERSONALTY RECEIPTS Per Supplement to First and Final Account Assets Purchased Units Short Term Investment Fund Personal of Pittsburgh National Bank purchased as follows: 4/22/82 227 units 22,700.00 Sale of Assets Without Gain or Loss Proceeds sale units Short Term Investment Fund Personal of Pittsburgh National Bank at 100 as follows: 6/28/82 9/7/82 4 units Carrying Value 223 units Carrying Value DISBURSEMENTS 400.00 400.00 22,300.00 22,300.00 Per Supplement to First and FinAl Account Administrative Expenses June 28 Michael E. Kusturiss Attorney's fee - 3 - '· "" 25,663 48 0 00 0 00 0 00 25.663 48 2,932 75 400 00 3 332 75 ~ ... f, ; I , ;. , .. ~.:; .·I, .. DOMINIC c. CALABRO SCHEDULE B I INCOME -PERSONALTY RECEIPTS I p er s upp 1 emen t t 0 F. 1rs t an d F. 1na 1 A ccoun t 18 ' 688 03 Income -Cash Equivalents Short Term Investment Fund Personal of Pittsburgh National Bank 233 units 4/22/82 to 4/30/82 82 94 7 units to 5/18/82 4 60 227 units to 5/31/82 275 22 4 units 6/1/82 to 6/28/82 4 15 225 units 6/1/82 to 6/30/82 260 54 227 units 7/1/82 to 7/30/82 267 54 230 units to 8/31/82 221 45 232 units 9/1/82 to 9/7/82 38 34 1,154 78 Assets Purchased Units Short Term Investment Fund Personal of Pittsburgh National Bank purchased as follows: 4/22/82 6 units 600.00 5/3/82 1 unit 100.00 6/1/82 2 units 200.00 7/1/82 2 units 200.00 8/2/82 3 units 300.00 9/1/82 2 units 200.00 Sale of Assets Without Gain or Loss Proceeds sale units Short Term Investment , Fund Personal of Pittsburgh National Bank at 100.00 as follows: 5/18/82 7 units 700.00 Carrying Value 700.00 0 00 9/7/82 9 units 900.00 Carrying Value 900.00 0 00 0 00 19 842 81 -4 - i:;: ......... ~ ...... . DOMINIC C. CALABRO I DISBURSEMENTS Per Supplement to First and Final ' Account 18,070 34 I I Administrative Ex12enses 1982 Aug. 5 Fee for 1981 Pennsylvania Fiduciary Income Tax Return 25 00 Trustee's Compensation 69 29 94 29 Distribution 1982 ~ay 18 Margaret R. Calabro Income distribution 750 00 18J914 63 • M:rc - 5 - \ ~ . -··· ,. . -' • j ~-- , .. . ; •, ' .. r, .. -· '· . ., '- . . . ' -~ .. • .. 63-68-1577 ~ • J • f,,., • ~ ..... ' t ~,{- • . ~ . ... . , ... _ w. HEARING _ON PETIT I ON s'uR AUDIT , ·• 1': .. •· ~ 1 • H' lft , h--•. . , , .'t ~t i ~ '• '' · ~ <f. • f > ' f 'f I ' . 1 'g .... ..., ~~ ill! .... ~ -... ~ ~ ~ 'it: \r} ~· • ., :t ... ~ BEFORE: ui II: Ill ... II: DATE:· 0 ~ .APPEARANCES : II: ... II: :::> ·O u .J. .(' u ii: a.. 0 • '· ,. '· ~ .. . l.. ( ' ~ ·· :Thomas J •. Te_rputac./ Judge ''"' r-... Thursday i May 6 , 198.2 · · . : . . .~ . , .. Michael E~ K:Us.turiss·,· Esq., of Canonsburg, Pa. i representing the ·~accountant· (riot p'rese:nt in court)-~· .... 7 .t· .... ··, ,·William E. SpeaJcinan,, Jr:, Esq., of· ~Tashington, .Pa. 1 repre.senting. the beneficiaries of the .trus.t. ' . , " I •' .. .. ,.,y :• •, ,....,.. . . . :~Rose M:· Pacilla . . -Official court Reporter· ~ashington, Pa. 15301 ' ' . ' ~ •A. . ·, ' ' ./ .. li .,,. '11 e ~ z < > .J )-en z z Ill II. I i <~ 0 1- ~. 1.? z- X en < ~ ~ u It 1-en 0 .J < u 0 :::> .., :t .. ,.. ... 0 I • THE COURT: This is the Estate of Dominic c. Calabro. Mr. MR. VLACHOS: The court please,· there was ·handed t.o me 'this . . morning a petition for dist-ribution pur.po.rted to be_ 'all the 'necessary papers in' this: ·estate,-and he asks this ·estate,· which is a first·. and P.artial account, be closed subject to bein.g open~d for .- objections ·at the ~time 'of the 'hearing on terinina tion of the trus.t, the said hear ir g having beeri set by the .Court. THE COURT:-Very well. r/'·-.Anybody else .in .Court-:interest-ed in the .... '"' • ;/.1 j, L " -' -~-~ i"~ Estate ~io,f-~pominic c. -Calabro? ;r~ ., ·-·~:.,_,_---',<"·• . • , '... "'F ' \,-\ --· ' MR. SPEAKMAN: May it please the ·court-, I represent the 'beneficiaries of the -.trust. Mr: Vlachos~ st·ate:rrient 2. is. ·essentially corr:ect. There 'is a healing .· on June '21st regarding termination of the trust and Mr. Kusturiss· and I have agreec that any objections my clients have ~t~ tle . ' -.. • 1 . ~) •. ·. c I • ' (' ::: ... ·- ~ ,. f -, . I ' ' . ; ' . '." ... -._ .- .. ·. ' ': ', c( z· l. .. <-, -> ,.I .> " ~-~' .. -Z-Ill II. ' • t i- 0 1-~ :!:~. :r tl) < 3: .. ..: .!:l a: 1-tl) 0 .J . -c· ·' u 0 ::> ., :t• ,_ i'" I' t\1 ui a: Ill 1-a: 0 II. Ill a: 1-a: ::>_ 0 u .J < u iL ·u. 0· ."!> • ... i., "'"" -. .. '} .... , t .. .. ' :.~ . r~ . h p-.f~- . ' -. account of -t~e ·audit: .. petition -can be ·other th_an -·· -· ·that, .we have no -opjectio~ ·to closing the. . ' -,Audi:t: a~~ t ~!ll handing· ,Mr ~ Vlachos my_ appear.anc~ ·C:t this ·time:. · .; TH~ COURT: · , All right. Except for the:·.reso'l.ution of the ·issues f 1 ~. • ' -~'1 0~-'the ;teimin~tion· of the 'trust· and J ••• ··the ,.rig~ts' of t~e ~en:e~iciaries ,. the Audit·is close~. * * * * * * * ... .· -, . . ' -.. .. .. ' .. .- .\o ,. -•· ,· '• '3. •· ~ "'" .. • • .. ' ·r hereby t' :r.certify that the p·rocee'dings ·are ·contained f-ully a~d ,..,. ~., 1 ,n. . . . - ·) :· ~.c'(lu~a·~7'ffi~.·~~~"t the ~t~t~s· ta~e·n b1 me 'during the :hearing in the t ( !" • If< fl ,. ~ ... ,. I -~ above c~use···and that this -copy is a .correct tran.~cript of the 'J _. __ ~ •. ,_,' • -· ~-........... \ "'(. ~ • ' ' ('\ '.~_..:samte·~:-!~ ~ f ~--l ~ ' II) - ' . -• z z Ill 0. i 0 1- 1!1 z J: (I) < ~ ..: u ' 1!: -.... II) c· ~- '- -. .. Court~~ Reporter The 'foregoin .. ~-0 record of the proceedings. of the heari~g in the ·above cause ::J ., .. ~ is hereby approved and directed to be· 'filed. N ~ Ill I-ll: 0 0. Ill a: I-ll: ::J 0 u .J < u <ii: u. _0 . ' 4 ·- ., ..,. ;I f " t. I i~ -- WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG. WASHINGTON. PA lfi301 (412} 228·4465 < • IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA IN RE: TRUST UNDER THE WILL OF D. C. CALABRO ORPHANS' COURT DIVISION ) ( ) No. 63-68-1577 CONSENT I, Dominick C. Calabro, Jr., one of the named remaindermen in the trust established by D. C. Calabro, have read the Petition Under Probate, Estate and Fiduciaries Code Section 6201 to Terminate Trust filed by my mother, Margaret R. Calabro, and I join in the prayer thereof requesting the Court to terminate the trust and distribute the entire net balance of principal and income available for distribution to the children of Margaret R. Calabro outright. ;~ c ~~(SEAL) Dominick c. Calabro, Jr. Dated: \ !· ~;,,' f \ . :'1 \,, . ' t ') ;,;,-1 L ., IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ··. ORPHANS' COURT DIVISION IN RE: TRUST UNDER THE WILL OF D .. C. CALABRO {,;i CONSENT ., ' 1•,: ·'" .. . ·~· . ,. : :} ~ .... ·~· .. , .. , I,, . ~ ~ 1 :j i'T~ .:J 1) s·j II U~ • ~ !J.-'~· t,,' .< ~ " . :..·., .. u :J.J~ :; r -~ J ·:3 C' fUll "JI] t I nui'll c..b@ G31f.-1 t WILL~M E: 'SfEA.~iA;~; JR . . ATTC>RNEX·:A:r;: LAw WASHINGTON TRUS~ BUILDING .·"< •,JI I I 'I I .. ! ! I WiLLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST SLOG. WASHINGTON, PA 15301 {412) 228·4465 IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN RE: TRUST UNDER THE WILL OF D. C. CALABRO ) ( ) No. 63-68-1577 CONSENT I, Margaret Jean Terling, one of the named remaindermen in the . . trust established by D. c. Calabro, have read the Petition Under Probate, Estate and Fiduciaries Code Section 6201 to Terminate Trust filed by my mother, Margaret R. Calabro, and I join in the prayer thereof requesting the Court to terminate the trust and distribute the entire net balance of principal and income available for distribution to the children of Margaret R. Calabro outright. Dated: ~ /P, /fiJ. ....---:-- ~-~ '-~) t~l .• /.J ,, t;·'i ) " t.·~ ; I. : ·;-~- '· IN THE COURT OF CO:MMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN RE: TRUST UNDER THE WILL OF D. C. CALABRO CONSENT ..4. O v d 1b/. i ·l.! ! ~d·l~.,., rn· ·~~ (t t~~L~. :~: ~ ,. ""'~ . . •. i il yf c l t'rlll. ·: t• '· '(~ c;;, "".-... th. a.31J;J ,· ·-•wJ,ii.·!*~:~1~$:~~~-~fl~:J;~ ;··· wAsH,i--Jcn)N ;.-'iuisT. awLr:>INc WAsHINGTON, PENNSYLVANIA 15301 .·. < ·', WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST SLOG. WASHINGTON, PA 15301 (4 t 2) 228·4465 r IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA IN RE: TRUST UNDER THE WILL OF D. C. CALABRO ORPHANS' COURT DIVISION ) ( ) No. 63-68-1577 CONSENT I, Robert P. Calabro, one of the named remaindermen in the trust established by D. C. Calabro, have read the Petition Under Probate, Estate and Fiduciaries Code Section.6201 to Terminate Trust filed by my mother, Margaret R. Calabro, and I join in the prayer thereof requesting the Court to terminate the trust and distribute the entire net balance of principal and income available for distribution to the children of Margaret R. Calabro outright. Dated: ~ . '-' ,I \!/ , ~ ,, ' ' ~ ' ' ' ,."l. -····''' IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA 'ORPHANS' COURT DIVISION· IN RE: TRUST UNDER THE WILL OF D. C. CALABRO CONSENT • ,, t •!fl''.: • f .• '\ : ~,· : I ,J·I: i. \ JlU . . "-·<:·-~ • • e ti A~W ~lR, ; . .~.-~ i . .'WyJ~~~:•}!iE~~~~J').I<. ', .. ·<·.: ATTO'i~~NE¥'·,.._T·'LAW' ·~Asf:i.I~C~btJ T!i~sT,BUILDI~b WASHINctdN, PEN~SYLVANIA IS30i I '! ,;·_i ·' ---------------..-------------------------,,...---------------~-....... - ... 1 .• '·· · ... ·';-. r·t• ~ IN THE COURT OF COM}10N PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA IN RE:: TRUST UNDER THE WILL OF D. C. CALABRO ORPHANS'· COURT DIVISION ) ) ) ) ) ) ) ) ) No. 63-68-1577 ACCEPTANCE OF SERVlCE -~-----·---------- AND NO\.J, this ~~day of May , 19 82, the under- Petition Under Probate, lEState and signed hereby accepts service of the Fiduciaries Code Section 6102 to Terminate Trust and Order dated May 3, 1982 filed in the above-captioned matter correct copy of the same. and acknowledges receipt of a true and /7 t~/l fi_tf-tf,._ ~11.'~a5ro ~x~x "' r:o '· (-....; -.~ ::;~; -t~~,: ............. . , i ''J t..o , -'~:,) r- ·rr -n r"r1 :::::::.: 0 -· t..<..J ¥<-''<1<. ~-· .... ~ ~ ..... ' .. -...;::- ..--------------,-----------------------------~--------.-----, ' 1 .-, IN THE COURT OF COMMON PLEAS OF \~i\SllTNGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN RE: TRUST UNDER THE WILL OF D. C. CALABRO ) ) ) ) ) ) ) ) ) No. 63-68-1577 ACCEPTANCE OF SERVICE AND NOW, this i~~day of----------~~y , 1982, the under- Petition Under Probate, Estate and signed hereby accepts service of the Fiduciaries Code Section 6102 to Terminate- Trust and Order dated May 3, 1982 filed in the above-captioned matter and acknowledges receipt of a true and correct copy of the same. -I . ' ·~ .., r:o .... > .... .. ·f ......... ~.~ '-:.:: '.;"j -,...:: ~·....., ·q (.O :#= t 0-l ~.:/ .{ ... -.. . .,,.,.,._T """0 r;ftt ·'¥·~' \c~ I ::=: 0 -... ::::: ~ J .. .. r§= ~1'~~ '?' -~i;:'· i• IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA IN RE: TRUST UNDER THE WILL OF D. C. CALABRO AND NOW, this j~ , ORPHANS' COURT DIVISION ) ) ) ) ,) ) ) ) ) No. 63-68-1577 NCE OF SERVlCE ------~M~aLy _________ , 19~, the under- Petition Under Probate, Estate and signed hereby accepts service of the Fiduciaries Code Section 6102 to Terminate Trust and Order dated May 3, 1982 filed in the above-captioned matter and acknowledges receipt of a true and correct copy of the same. Dominick C. Calabro, ~ .. ... ~~ c:o """"" ;> ··-~·~·~ "' : .. ~, ~~ ~ -c. -'-~ .., -; f,t::;; !t:~ ,.._, r .... ~l ::1 ITl ..... , ""'0 0 : •:."l . ~ ·-r! :::!l:: ~ . - ·f' ~ ....... -; (J.) -""' -r- ;..~ r: ~) -r- ... . . IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA I ORPHANS' COURT DIVISION IN RE: TRUST UNDER THE WILL OF D. C. CALABRO AND NOW, this II .__ __ ) ) ) ) ) ) ) ) ) No. 63-68-1577 OF SERVICE y of May , 19]2, the under- Petition Under Probate, Estate and Fiduciar es signed hereby accepts service of the erminate Trust filed in the above-captioned matter and acknowledges receipt of a true and correct copy of the same. :M. E. Kusturiss Attorney for Pittsburgh National Bank . ,.:! -~ . -~:.-. ;·l rJ-~-,;_ ~ IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA IN RE: Trust Under the Will of D. C. Calabro ) ) ) ) ) ) ) ) ) ACCEPTANCE OF SERVICE AND NOW, this ~ day of ,....rn.· ..!..L..,AJ:-j-1------------' 1982, the under- signed hereby accepts service of the Citation ------~~~---------------------------+ filed in the above-captioned matter and acknowledges receipt of a true and correct copy of the same. Michael E. Kusturi s Attorney for Respondent 1,----------~-...... \ N { ,, -' C> ~ ·-· -·-r""> ,_, CVl ,. ..... '·· ' ... t~ u. :::c: c I • 0- ~·. , .. 0 w ~~ _I (">.,.\ ·-Ll-·. "'".:::.~ ;:. ~;) ~~ -::> ("'+..-1 c.:: ... ~ WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG. WASHINGTON, PA 15301 1412) 228·4465 I o IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN RE: TRUST UNDER THE l No. 63-68-1577 WILL OF D. C. CALABRO 0 R DE R ----- .-. AND NOW, this Z Jl. day of June, 1982 after a review of the plead- ings and the records of the estate and after a hearing, the Court makes the following FINDINGS OF FACT: 1. That Pittsburgh National Bank has administered, as Trustee, a trust estate of some $25,000.00 for the benefit of Margaret R. Calabro (life tenant) and D. C. Calabro, Jr., Margaret Terling and Robert P. Calabro (re- maindermen) since approximately 1969; 2. That the opinions rendered by Pet1tioner's expert witness dur- ing the hearing are correct; J. That the Petitioner, Margaret R. Calabro, has an estate of approximately $400,000.00 and needs neither the income from nor the corpus of the trust in order to maintain herself comfortably; ' 4. That the Petitioner is capable of managing her own financial affairs and has been doing so since her husband's death; 5. That the children of the Petitioner are not exerting pressure on the Petitioner to seek to terminate the trvst and request distribution to them; 6. That the Petitioner understands the legal and financial con- sequences of what she has done and what she seeks to do; 7. That the Petitioner is not being influenced by designing per- sons; AND, THEREFORE, it is ORDERED AND DECREED that: 1. The prayer of the Petition be granted, that the trust be ter- · minated; ' ' WILLIAM E. SPEAKMAN, JR. ATTORNEY AT lo.AW WASHINGTON TRUST SLDG. WASHINGTON. PA 15301 (412) 228·4465 . ,. ~ ' ' ', j i . ' .. 2. The trustee submit and file a supplemental audit petition with this Court within JO days of the date hereof together with a proposed schedule of distribution; J. The trust estate be distributed to the remaindermen, namely the children of the Petitioner and the decedent, after a review of the supple- ment audit :petition by this Court. BY THE COURT / J \{ ·? "": ., .• I; ;. _·,; ~, ·r n": ·.·''" . . y < •''' • ' ... ·:·,·.,~ ,. ,, ' ·:·:,c. {. '.·'·' ','·' ' ,' . ~ Plt/~m lJp~f3/ <:. •' t~~ I I .I l IN THE: COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN RE: TRUST UNDER THE WILL OF D. C. CALABRO 0 R DE R .., -----~ ''..;·: .%·'' 'f. ~\ . ~ .. . G' 'r1Hh i. :~ :I E 0 h \hi t{l ,, !~nr lin;;" Q31'd ~ ~r:~~M-~!~~~c~~·~,A:hT::j.~:~· .. ~ASHIN;.:;TON ;~~ST BUl{DING WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG. WASHINGTON, PA 15.301 (412) 228·4465 '• IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA IN RE: TRUST UNDER WJ;LL OF D. C. CALABRO ORPHANS' COURT DIVISION ) ( ) No. 63-68-1577 PETITION TO SHOW CAUSE WHY TRUSTEE AND TRUST OFFICER SHOULD NOT BE HELD IN CONTEMPT OF .THIS COURT PURSUANT TO SECTION 7133(22) OF THE PROBATE, ESTATE AND FIDUCIARIES CODE The Petition of MARGARET R. CALABRO respectfully represents: 1. That by Order dated June 24, 1982, your Honorable Court directed that the Trust be terminated and that distribution be made. A copy of said Order is attached hereto and made a part hereof as Exhibit A. 2. The Trustee has assigned supervisory duties regarding the Trust to Gary C. Goodlin and he has acted in such capacity for at least the past fou (4) years. 3. That Gary C. Goodlin, Trust Officer responsible for this Trust, and Pittsburgh National Bank, the Trustee, have not complied with said Order and continue to refuse to do so. 4. On June 28, 1982, counsel for your Petitioner sent a copy of said Order to counsel for Trustee. A copy of the cover letter is attached hereto and made a part hereof as Exhibit B. 5. Counsel for the Trustee acknowledged receipt of the June 28, .1982, letter. 6. On August 25, 1982, counsel for your Petitioner wrote to Gary c. Goodlin regarding distribution of the Trust Estate. A copy of said letter is W!LLIA:.-1 E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG. WASHINGTON, PA 15301 (4 I 2) 228·4465 ., attached hereto and made a part hereof as Exhibit c. A copy of Mr. Goodlin's reply is attached hereto and made a part hereof as Exhibit D. 7• Copies of other relevant correspondence are attached hereto and made a pait hereof as Exhibits Rand F. WHEREFORE, your Petitioner prays that a Citation issue directed to Gary C. Goodlin and Pittsburgh National Bank to show cause why they should not be held in contempt of this Court and why the Trustee should not (1) pay ·Petitioner's attorney's fees with regard to this proceeding and (2) provide any other relief the Court deems appropriate. -2- Respectfully submitted, kman, Jr. #19972 Attorney for Petitioner 448 Washington Trust Building Washington, Pennsylvania 15301 Phone: (412) 228-4465 IN RE: )tt Wqr C!!nurt nf C!!nmnun1 tnras nf Masqingtntt C!!nunty. ttfrttttsyluania ®rpqann' illnurt Elininintt TRUST UNDER WILL OF D.C. CALABRO Qlttattnu No. 63-68-1577 (ltnmmoumralt~ nf Jruu.sylnauta (' Qlnuuty of m anqiugtnu !Hi: ·To: Gary c. Goodlin and Pittsburgh National Bank Sur Petition of: Margaret R. Calabro · ~rrrting: ... ~ .. lfr illonttttan!l tqnu, Gar:v c. Goodlin and Pittsburgh National Bank ~ that, laying aside all business and excuses whatsoever, you do file in the office of the Clerk of our Orphans' Court of Washington County, a full and com- -plete--answer, under oath, to. each and every of the averments of the said petition, on or before____.F"--~r-....~.i..~.~d""'eyl----' the 8th. day of Octahpr 19 ___§£, at 1 : 30 o'clock_L. M., and show cause why you should not ·be beJd in comtempt o.:f this Court a.nd why the Trustee should not (1) pay Petit~oner's attorney's fees with regard tb this proceeding and (2) provide any ,oth~r relief the Court deems appropriate. 'and further abide the order of our said Court in the premises, If you fail hereof, the petition may be taken PRO CONFESSO and a decree made against you. WITNESS the Honorable Thomas. J. Terpu tac., Judge of our said Court, at Washington, Penna., William E. Speakman, Jr. Esq. Attorney for Petitioner. (Seal) .~·9 I' COMMONWEALTH OF PENNSYLVANIA) . ) COUNTY OF WASHINGTON ) Before me, the undersigned officer, personally appeared MARGARET R. CALABRO, who, being duly sworn according to law, deposes and says that the averments of fact cqntained in the foregoing Petition to Show Cause Why Trustee and Trust Officer Should not be Held in Contempt of This Court Pursuant to Section 7133(22) of the Probate, Estate and Fiduciaries Code are true and correct to the best of her knowledge, information and belief. Sworn to and subscribed before me · 1r ti , this ,. . · day of September, 1982. {:;,' 1 \u~ A. ~ ," ·ld .· ,Not:,ry Public ~~ ' ~ ~ ~ "' --;.~ . ·.""'~ .... ~ WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG. WASHINGTON, PA 15301 1412) 226·4466 JEANS. PATSCH, Notary Public Washington, Washington Co., Pa. My Commission Expires J~ .... ~ .13, 1q 'lt:. IN THE COURT OF COMMON l'LEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN RE: TRUST UNDER THE No. 6)-68-1577 WILL OF D. C. CALABRO .,,,../iJ AND NOW, this L-L-day of June, 1982 after a review of the plead- ings and the records of the estate and after a hearing, the Court makes the following FINDINGS OF FACT: 1. That Pittsburgh National Bank has administered, as Trustee, a · ..;· ·, trust estate of some $25,000.00 for the benefit of Margaret R. Calabro (life tenant) and D. c. Calabro, Jr., Margaret Terling and Robert P. Calabro (re- maindermen) since approximately 1969; :...;.:._1.~ E. S;:::~l.C.V . .L_,,, JR. ·.:..e .. : ... GTOS -~· .. -s-:-e~G. ·n.:.S:-\ISG':'O~L ,..,. : !l>: 1 2. That the opinions rendered by Petitioner's expert witness dur- ing the hearing are correct; J. That the Petitioner, Margaret R. Calabro, has an estate of ' . approximately $400,000.00 and needs neither the income from nor the corpus of the trust in order to maintain herself comfortably; 4. That the Petitioner is capable of managing her own financial affairs and has been doing so since her husband's death; 5. That the children of the Petitioner are not exerting pressure on the Petitioner to seek to terminate the trust and request distribution to them; 6. That the Petitioner understands the legal and financial con- sequences of what she has done.and what she seeks to do; . 7. That the Petitioner is not being influenced by designing per- sons; AND, THEREFORE, it is ORDERED AND DECREED that: 1. , The prayer of the Petition be granted, that the trust be ter- minated; EXHIBIT A I', :..· ~ ··~ E. SFEAKMAN, JR • .:.s-.... ~TOS lRUST BLDG. ·,o..t.S~I~GTOS, PA 15301 ~• t ZJ aze-••es ~ 2. The trustee submit and file a supplemental audit petition with this Court within JO days of the date hereof together with a proposed schedule of distribution; ). The trust estate be distributed to the remaindermen, namely the children of the Petitioner and the decedent, after a review of the supple- ment audit petition by this Court. BY.THE COURT ! h./s~/~:....1 :../1.:...0.,:...,_) -~;c.,:-i~.:..· ...;J~ .... -_T.....:.....:""_~-r4,1.~.:.t;.:..' f~..:.r:;.:;.l-::G;;;;. ;;..:.· __ .J. ! 'Thomas J. Terputac I '.,· I. . { \ ' M. E. Kusturiss, Esquire 12 North Jefferson Avenue Canonsburg, Pennsylvania 15317 June 28, 1982 IN RE: Calabro Trust Dear Mr. Kusturiss: Enclosed herewith please find a true copy of Judge Terputac's Order terminating the Calabro trust which I am serving on you as counsel of record for the trustee, Pittsburgh National Bank. We assume that there will be no additional problems with respect to termination of the trust and distribution of the corpus and any accumulated income to Mrs. Calabro's children. I understand that you will submit your statement-to the bank and you will be paid by the bank prior to the distribution. Very truly yours, William E. Speakman, Jr. WES/clo Enclosure cc Mrs. Margaret R. Calabro bee Mr. Robert P. Calabro .. E~HIBIT B ', \. Mr. Gary c. Goodlin -Assistant Vice Pres:i,dent· Pittsburgh National Bank .Trust Division Pittsburgh, Pennsylvania 15265 August 25, 1982·· IN RE: Termination of Calabro Trust Dear Mr. Goodlin: On Jun~ 24, 1982, Judge Terputac signed a decree directing the termination of the Calabro Trust and distribution of the corpus. As of this date PNB holds the funds and is evidently doing nothing to comply with the Oider. ' This is outrageous. The original audit petition did not specify what Mr. Kusturiss' fee would be. He informed me that he submitted a bill and was promptly paid. Thus, all that is needed to wrap this up is for the trustee to file a supplemental audit petition showing payment of the.fee and a decree of distribution. Preparation of the supplemental petition and decree are completely within your control. I can see no justification for the delay. If the distribution to Mrs. Calabro's children is not made by September 15, 1982, I shall file a pet~tion asking the Court to find you and the bank in contempt and asking for any other relief which seems appropriate. Very truly yours, William E. Speakman, Jr. WES/clo cc The Honorable Thomas J. Terputac Michael E. Kusturiss, Esqu~re Chris Vlachos, Esquire, Audit Clerk Mrs. Margaret R. Calabro Mr. Robert P. C?labro EXHIBIT C •,. PITTSBURGH, PENNSYLVANIA 15265 TRUST DIVISION 80761-8 August 26, 1982 William E. Speakman, Jr., Esquire Washington Trust Building Washington, PA 15301 In re: Trustee, Margaret R. Calabro Residuary ,. Dear Mr. Speakman: We acknowledge herewith your letter of August 25, 1982 with respect to the tr:ust ,..·.·established by Dominick C. Calabro. I was most appreciative to learn that ·Ju.dge ,Terputac had signed an Order on June 24, 1982 directing termination of the trust arid the distribution of the corpus. We had been quite concerned because we had heard nothing from you, our counsel, or the Court directly with respect to this matter. Please be assured that our bank stands ready to comply with the Order. All that would have been required was for us to have received a copy of the Order or in the alternative some word that such an Order had been entered. I hope that you and the Calabro family will accept our apologies for not doing something about which we had no knowledge. What puzzles me the most is why you, as attorney for the Calabro family, would have waited two months to inquire of us regarding this matter and then take an insulting and offensive posture. While I can submit to the Court a second supplement to our account detailing transactions, both receipts and disbursements, since the filing of our account and the presentation of the Petition for Distribution, I cannot prepare and sub- mit a "suggested" Decree of Distribution until I know what basis that Decree of Distribution is to be framed. I would suggest that you use your good office to induce the Clerk of the Orphans' Court Division to provide us with some informa- tion regarding the Judge's Order so that we may know what it is we are expected to do. GCG/jl cc: The Honorable Thomas J. Terputac Michael E. Kusturiss, Esquire Mrs. Margaret R. Calabro Ga Assistant Vice President Chris Vlachos, Esquire, Audit Clerk EXHIBIT D ·. Mr. Gary c. Goodlin: .. Assistant Vice President Pittsburgh National Bank Trust Division Pittsburgh, Pennsylvania 15265 .. .. ·' August 27, 1982 IN RE: Calab~o +rust Dear Mr. Goodlin: I am i,n receipt of your letter of August 26, 1982. . : ·ram sorry you feel my letter of Augus~ 25, 1982, was insulting and offensive. I waited two months to inquire because !.assumed you would comply with the Order. I enclose a copy of my letter of June 28, 1982, to Mr. Kusturiss.· You will note I enclosed a copy of Judge Terputac's Order with that letter. In any event, do you not have an obligation to make inquiry as the Trustee and petitioner? I assume ~hat you can . ,· Since your attorney has a copy of the Order now prepare the Decree of Distribution. I trust for me to do any additional work on this matter. already been substantial. it will not be necessary My clients' fees have Very truly yours, William E. Speakman, Jr. WES/clo Enclosure cc The Honorable Thomas J. Terputac Michael E. Kusturiss, Esquire Chris Vlachos, Esquire, Audit Clerk Mrs. Margaret R. Calabro Mr. Robert P. Calabro EXHIBIT"E •, ' ' / . f ... Michael E. Kusturiss, Esquire 12 North Jefferson Avenue Canonsburg, Pennsylvania 15317 September 10, 1982 ·· IN RE: ·calabro Trust Dear Mr. Kusturiss: I have been informed by the secretary of the.Audit Clerk of the O~phans' Court Division of the Washington County Court of Common Pleas that Pittsburgh National Bank has taken no action to complete the audit and ·distribute the trust estate. I am writing to you as counsel for the trustee. My clients have this day authorized me to prepare a petition to cite the trustee and Mr. Goodlin for contempt. I shall file it on September 16, 1982, and present it to Judge Terputac at the motion and rule session that afternoon. You will recall that I previously estab- lished September 15 as the deadline for distribution. The Calabro family takesthis action relunctantly, but with deter- mination. They believe, as do I, that the bank's attitude is inexcus- able and reprehensible. WES/clo cc Mrs. Margaret R. Calabro Mr. Robert P. Calabro Very truly yours, William E. Speakman, Jr. EXHIBIT F ' . ... I . ;} ~c~, 1· ;,. :;:_: :,.,, ,.: :T ''"~ rj__.tJV IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PEl\INSYLVANIA ORI'FOO\IS' 'COURT :Ot'VIS ION ~ . IN RE: TRUST UNDER WILL OF D. C. CALABRO PETITION .. ·vd ··oo NOlDNIHSlt,\\ ;., ' . s ·n 1 Ni ~ o ~ J .l s w ::1 ~! z.,S · · z·. Wd· L l d3S lB·, Ffl ' ;; t···;:: .,.. .. )4 .• > .• ~ •. 0'3·11~ • ~ ,.:, ~; "ll !I : '· ;·:.•:.".:.,X:: · :, .. ;. ,:.c,;1i}".~;~·3·.;~J<'i:~:f~~) > ... · .. 'W;ll'Jil~~·~;.Eq~SPE•J\·IQ¥l'AN;,:JR~.· <;;'' ' •, .\·. !~~~~~;{~~~/~~ -~~">> .. '· ... WASHINGTON TRUST BUILDING r' / ·--~~· .:;~;:·;~.;>:til: ··--"'-~~ •. ,- WILLIAM E. SPEAKMAN, JR. ATTORNEY AT LAW WASHINGTON TRUST BLDG. WASHINGTON, PA 15301 (412) 228·4465 -' IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA IN RE: TRUST UNDER WILL OF D. C. CALABRO ORPHANS' COURT DIVISION ) ( ) No. 63-68-15 77 ORDER AND NOW, this 17 day of September, 1982, upon consideration of the within Petition and upon motion of William E. Speakman, Jr., Esquire, it is hereby ORDERED arid DECREED: 1. That a Citation, as prayed for, be issued to Gary C. Goodlin and Pittsburgh National Bank; 2. That said Citation shall be returnable on the 8th day of October, 1982, at J:31o'c1ock P.M., before the undersigned in Courtroom No. 4, Washington County Criurthouse, Washington, Pennsylvania; and 3. That said Citation, a copy of this Order and a copy of the within Petition be served on Michael E. Kusturiss, Esquire, counsel for Pittsburgh National Bank, either personally or by certified mail, return receipt requested and upon Gary C. Goodlin, Trust Officer of said bank, personally. .-~~;- I· •,.J,, .. •; IN THE COURT OF COMMON PIEAS OF WASHINGTON COUNTY, IENNSYLV ANIA ORPHANS' COURT DIVISION IN RE: TRUST UNDER WILL OF D. C. CALABRO 0 R D E R --·--- ·~ ~.:t ~;;} -"'Ill g: -=rl( e:O' -ii':!' ~ ~ C:S"' .•,,' ·~: .~z" .'!--. • 1-r'r. ; .. ' \."<· ·t.. ,;:r....,...-• W.illil~~1j~~~f¢~fN:'.~i5· • . wAsl.i!'Nc"io~ TRUST aun.:DI~'c.:. WASHINGTON, PENNSYLVANIA 1530i -;: -~-; #80761-8 ~ lu tift Cttnurt nf Cttnmmnn Jltas nf llaslfill!lhttt <trnunty, Jrnnsyluania ®rp~ans' Cttnurt ilitti.aintt ESTATE OF DOMINIC C. CALABRO DECEASED No. 63-_ 68-J 51J__ _________ _ EECOND SUPPLEMENT TO In the matter of the FIRST AND FINAL AccountofPITTSBURGH NATIONAL BANK, TRUSTEE ADJUDICATION AND DECREE And now September k 3 , 19...a2_, this matter having came on for hearing, audit and distribution and testimony taken; upon due consideration thereof, the bal- ance for distribution in the hands of the Accountant is determined to be $ ..... 2 .... 3Lf, ..... 2'"""58 .......... 9 ....... 1.__ ___ _ and the account is accordingly confirmed; and it is ordered, adjudged and decreed that the said bal- ance be paid out by the Accountant in accordance ·with the schedule of distribution hereto attached and made a part hereof, unless exceptions hereto, be filed sec. reg. or an appeal taken herefrom sec. leg. , .. ' _, SCHEDUL!E OF DISTRIBUTION.:; : ,. . ~ ·. ' Balance~ per account-------"':c-" -':----------! i\ Additional debits -Audit Additional tredits -Audit Additional debits -Supplement to Audit Additional credits -Supplement to Audit , Balance·------------!...----'--------. Attorney __ MICHAEL E. KUSTURISS TO: MARGARET JEAN TERLING Principal -Personalty -Cas~ Income -Personalty -Cash TO: DOMINICK C. CALABRO, JR. Principal -Personalty -Cash Income -Personalty -Cash TO: ROBERT P. CALABRO Principal -Personalty -Cash Income -Personalty -Cash • .r $~1 19 6'4 . ' ·:680.20r~ 23,799.84 451.42~: 23,348.42 1;154.78:: 24,503.20 1',~44 '29 $23,258.9~ 7,443.57 309.40 7,443.58 309.39 15,815.34 15,505.94 8,062.36 7,752.97 7,443.58 309.39 309.39 NO BALANCE •' ... ;11 ... · .. .; ~-., ;"': :• l· . ,. . . . j j ( ~ en· l'!.. " ~ N - t.b· X:: t co Q.., ~ -("f') Ill f.&. N o_ I..U V) Po.l 00 .. .. ·'I . '. ' ' • ~ t ... · ·. ., , <t. (f) ... --J .c.. -J : ;;;: 0 (_)" u.. :;;:: 0 C) 0.::: 1-- I.J.J (.;I t·--(.") . ..,. <.;.l v.') ·!! . .... f f'" ;..~ . • t -~ ~:-l ..... ' l • , .. I.~ • .. ; ~ ·i < .... " -= g. = = & • ~· ~ ~ ~ . ' : , .. , ~ . ~ ' -.. .· . .. ._ ' ·. ' . I , \ ... • ... ~ ·' rt.·' ' , ~ "It I\,.~ ,. . , ··)· -~. " .. .. 0 ' . . ·. -~ '~ '· ) i t ..:· ~ .. 0 ~ ... £t' n 0 a c :J Cll .. ,•. 0 0 ...... --. \ t ~ .... :J z .. !) ::r o-(I) 3 w I D :; Cll -· -· .. ..... 0 ' • ' .. , . ..,.1 ... ..... ::r (I) -' IN THE COURT OF COMMON ~LEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN RE: TRUST UNDER WILL ) ) ) No. 63-68-1577 OF D. C. CALABRO 0 R D E~~R AND;:NOW, this ---'---. day of October, 1982, upon motion of William E. Speakman, Jr., Esquire, it is hereby ORDERED and DECREED: 1. That the Citation directed to Pittsburgh National Bank and Gary C. Goodlin in this matter is quashed, it appearing to the Court that: a. Any contempt on the part of the bank and/or Goodlin was inadvertant and, b. The bank and Goodlin have fully complied with the Orders of this Court and are therefore purged of any contempt. 2. That the hearing set for October 8, 1982, at 1:30 p.m. is cancelled. 3. That this matter is closed • . I PITTSBURGH, PENNSYLVANIA 1S265 TRUST DIVISION 80761-8 William E. Speakman, Jr., Esquire Washington Trust Building Washington, PA 15301 August 26, 1982 In re: Trustee, Margaret R. Calabro Residuary Dear Mr. Speakman: We acknowledg~ herewith your letter of August 25, 1982 with respect to the trust established by Dominick C. Calabro. I was most appreciative to learn that Judge Terputac had signed an Order on June 24, 1982 directing termination of the trust and the distribution of the corpus. We had been quite concerned because we had heard nothing from you, our counsel, or the Court directly with respect to this matter. Please be assured that our bank stands ready to comply with the Order. All that would have been required was for us to have received a copy of the Order or in the alternative some word that such an Order had been entered. I hope that you and the Calabro family will accept our apologies for not doing something about which we had no knowledge. What puzzles me the most is why you, as attorney for the Calabro family, would have waited two months to inquire of us regarding this matter and then take an insulting and offensive posture. While I can submit to the Court a second supplement to our account detailing transactions, both receipts and disbursements, since the filing of our account and the presentation of the Petition for Distribution, I cannot prepare and sub- mit a "suggested" Decree of Distribution until I know what basis that Decree of Distribution is to be framed. I would suggest that you use your good office to induce the Clerk of the Orphans·' Court Division to provide us with some informa- tion regarding the Judge's Order so that we may know what it is we are expected to do. GCG/jl cc: The Honorable Thomas J. Terputac Michael E. Kusturiss, Esquire Mrs. Margaret R. Calabro Very truly yours, cD' Gary C. Goodlin Assistant Vice President ~~ris Vlachos, Esquire, Audit Clerk -Jl J . WILLIAM E. SPEAKMAN, JR. 81-1 SOUTH MAIN STREET HOUSTON, PENNSYLVANIA 15342 (412) 746-3280 Mr. Gary C. Goodlin Assistant Vice President Pittsburgh National Bank Trust Department ATTORNEY AT LAW August 25, 1982 Pittsburgh, Pennsylvania 15265 WASHINGTON TRUST BUILDING WASHINGTON, PENNSYLVANIA 15301 (412) 228-4465 IN RE: Termination of Calabro Trust Dear Mr. Goodlin: On June 24, 1982, Judge Terputac signed a decree directing the termination of the Calabro Trust and distribution of the corpus. As of this date PNB holds the funds and is evidently doing not~~ng to comply with the Order • • This is outrageous. The original audit petition did not specify what Mr. Kusturiss' fee would be. He informed me that he submitted a bill and was promptly paid. Thus, all that is needed to wrap this up is for the trus~ee to file asupplemental audit petition showing payment of the fee and a decree of distribution. Preparation of the supplemental petition and decree are completely within your control. I can see no justification for the delay. If the distribution to Mrs. Calabro's children is not made by September 15, 1982, I shall file a petition asking the Court to find you and the bank in contempt and asking for any other relief which seems appropriate. Very truly yours, William E. Speakman, Jr. WES/clo cc The Honorable Thomas J. Terputac Michael E. Kusturiss, Esquire Mrs. Margaret R. Calabro Mr. Robert P. Calabro Chris Vlachos, Esquire, Audit Clerk .,-.. .IN THE (;OURT OF COMMON PLEAS OF WA~HINGTON COUNTY, PENNA . · .' . ; , -. ·. -.ORPHANS\ COURT DNISIQ\J · z 0 1-CI z IN RE: :Estate of i -BEFORE: (I) • • < • ~ t-= u .o:: I-ll) ~ APPEARANCES: < u 0 :J ""I X .. " "' -~ TIME: Ill 1-0:: 0 IL Ill 0:: ~ THE .COURT: :J 0· , ; ' . .. No. ·1577 of 1968 HEARING ON AUDIT The Honorable P. VINCENT MARINO, Judge of the , said Court. M. E. KUSTURISS, Esquire,_ of Canonsburg,· Pa., representing the Accountants. : Thursday, May _18, 1972-, at 10:00 A. M., EDST Number 1577 of 1968, the estate of Dominick C. u· .J < u ii: decease.d. The Executors are Pittsburgh National Bank and Robert II. 0 . P. Calabro· and the.attorney isM. E. Kusturiss. Mr. Kusturiss'r -. . MR. ··KUSTURISS: If Your Honor please, I have here all the necessary papers. ··There are no complications, no outstanding claims of any . . ~ . kind~ =except, o~ course, the PersonaL Property Tax which is being paid, $24: 68. THE COU.I:\T: fs; that being paid now? .. \ 2 - Mrt. KUSTUhiSS:·. Y~s. . . . THE COURT:. -Is there anyone else i.n· Court. interested in' this decedent's estate? ( NO hESPONSE ) . THE COU.hT: The audit of this account is ordered closed by the Court. ~ z . ·' < ~ · . (AUDIT CL_OSED). > •'(I) z z Ill D. i 0 ... " z x Ill < ~ .. ..: 2 a: ... !!! : Q .J < u Q :::1 I hereby certify that the proceedings and evidence are . ., :t .. " til contained fully and accurately in the notes taken by me on the hearing oi a: Ill ... of the above cause, and that this copy is a correct transcrip_t of the same a: 0 II. Ill a: ... a: :::1 0 u .J <(. u ii: ... 0 The foregoing record of the proceedings ·upon the hearing of the above cause is hereby approved and directed to be 'filed. " -... ' !' .. -.. \ , .t:.: 6 g c~·:. ' .. ·.· ' .. ·!".'.·.'···-:' ;;-... · .. •· .•. • ·.r.'('. c ..... ·.·.·.··.•.·.·.~:--.·: :.") .. 1 •• ". .. ... ,·',• .. '."! :: L'' ··',·:·.-",1:.·~~:,, .. ) ,.,., .• l;',"·~H:~;·· -~":~."'"';: ·.·· -~·-·r:··. ·.·.r '?~I~:;'" "' .... -· -... !· ··' -... . ~ \• ... .>..'!./ ..... ~···· ' :. f. ......... t .... ·.\_,,~ ~, ... _} .. ·II'\". •.# .... ,·~·-'·', , ... f: ~-·. \,'\. ·.v· •.•• ;·:' \ ! \ ' ':, ; I 1 ',, ·, ;:' : ~ , .. ,. j' \t.l', t' ;\ •• , i I;'-, ; • ·~: !. • · 'i ,;(}' I .1. \~ ; ~; ·-.~.:·:··, ·: ' : .. : ~ ·." ·.·\ f.:.; ... _r f":,;~ .! .. ~.l ~: 0 1 t: (':,;·; i' ;::~t:3 ~· .. •. 0 !:~c?.t"f:U ~·:·:: ~-~ r ,·: f: (! t.: ~ !:·~ ''L'}:~~ ~; t ~.·~ ~ i1 :: .. ~ . .ll ·:.. :. : . ' ~. ,•. ...... '·· .·::\:'\·,: t-.---~·:.' i~~._::.~-. !: • ·-~~!<:.r:-j·_~:s. ':" ::-.... , .•. ~- . .. , .. · .. ~ , ., . ' . ;.: .. :·~~--~_;;/~). .-. ., ''.•. .· d·.3>;i:.·,)~! v.tth ::.ny ;.md oJ.l other property of th(.) ln!lurerl pMsint,, or uhich .. . , thl:J Ar,1."o·;.~;,~nt ot' othenti~u. end ~th!ch otht'l: pt·o\•c:rty itJ 1nchulct.S in tho . ' ~d.th t~:i.'J r•or•(!;r:;y .,,bich ;.·my he r(!C<:it:able a'.id cl~sit~;n~tr.\d · f'c~ t~t(~ ·rto.'qlciunry ~-'• . '"' r>:j to ~~~!:o \-:·;\:; th·;J survivor, it i~J the lnsur.4i:J 'a !nt~ntion tha~ ft b~ pru- ~ ' .. ·-~---~-~--· -----~'--'-- .... ·'. ·, .~; .. '!:wna·r~.'i •:;; ,,-:Uc ahd.l flppo!!1t atlJ dh:cct by npcr:Hi<: rt.""!orcr:c~ t:o thia gcn~ .. n. ..J. .. ~ . ~· ... ..!_ -·-. ... In the e:-:i)rc.ice of dJ.scrnt1on 1'det1.va to th!! d.iutri-· l ----------------~------------------------------------------------------------------------ I \.....· 0 • .. ,. Gh;n~(; D.~l t!~rJ 1:t:tute.~. 1l' H:a coJ.c: u1.<1CC(:t1.Ql\~ G(;\7'::;}) tl<i•J.t::;~hle (or hle ' .... ·I --'-----1 I I • . ~!,.l.ll ,.,, _,..,...,f r!1.,,., .• ~'-·t~" t\,n t~'"'') 90"'····1""-~ o .. -',..,~ir"·l of h~ ... r.~· ",:•r ,t.,,r"" '-.Hh,. r-~~~ u:!t..~, "'.~-,. . .J ~•.au\ \-\,; ~,....., ~-"•··• •"N~U ~~i.tlt~ r.a.L~~. • .., ··'-" ,_...,, va. ... .. ita• .. ~~. ~ . . ,, ~~n~i L-rc:~ Gt tnmt;, c~;hJ<~cr., hcw~!vcr. to tho t>tinority provLdcn:l ht·:~.;-;1.n~-:f~c.r for t.·ho:;; u !1~un:a :l~t tb{,m held fm: hi:, or hOlr lHm~£it, sh<1ll h,;~ ;Hldad to ' .. ~uc!1 cl1:~;:·i: to be: h~lld no t;ho~o:th an orir,tntll pnr;; thereof. ···o ··-·~,. ,. . .., ... , •. ..,,,,,., .. t, .•.• ~. 1·h·dn" ... \.•··· .z.;.... ... ~! ... l. ... ~t.t .;.) ..._r. • .t.. •. u, .J~·""'4-lj bclro und next of k!n in ~ccardanca w1ch tho . . .. ···-· ---------·-· ·····---------l I • . . . ·.· . ~ ; .. •· c.:~nt h;,r ~r:y <:.l:•::,:itcr of eny l.·cnc.ficinry l!: .• ,le.: :.m:.t l;d r. or p;occ~.u~U.r.:; ae • ,. ;:;.u.:;~: c:;:d t·N~lfan. !''1 tho <U.G\i~n::1t~:wnt o.l ,:'imr!:l dlt:~ctcd to t.H'! p.!lid to or .... , .. --~----· -~:..:... .. .. ' '! \_ I '-" .. :·.,,. . . to !nvo~t and reinvc~t ths princi~ol of tho tru~~ ' ~"1)'\:\i'.;!;".!'J, g:·•~tn:U:1.i:,, n\' otl;r:q:-proi'(:rty, t'l~tll ot· pnrnoni\1, <W :f.t. r.m:,• br.•lli.!Vi'l ····C- ·-·----·------~ I I J • . ~ • . <J :' ..• ~~·;. E. To ank~ dlntribution of th~ tru~t c~tmtc to euy pcr~on c!".t.U:l.e;i t:~~·~.·.~eo :ln k!n•'· in cash. or pnrtly in l~f.nd and pr.rtly in co~~. c:1 '·. . . .. . -. .. .... or cor~a~~t!Dn~ uhc3c atock 1~ bold in tho trust estate. I. 1"o horrc\.1 ~nc1 for the ~!tt"roi.JtZ of tho trtwt from any • -10- ~ -~-~-~----~---- l I I '--../ . . ... ·;··.••.] •. !t•.·'f">-!J ·.,.·'~.•t,._1_1 ~ ....... ft"!.,. •·'·''·•-' "·•·"ln t.,,,!",t:'!fi,f' ,..,r-~T,•,•• I"'·"pt•;•'i ~~,J ""''"!l "'""t b•:-. ,,,<.j..,"'"• ~ • J. . • • •· .• a. 'v-• W ._. 1)-...-.. .,.., ~ 1.A "'" ·'""' •• ,., •"••U ""' •, o,7o,V <rC\, • 'l"'~t' ',~ ••. -! ....... ,.. ··(·~c.••t ,-,c ·•('VC~~·i'"' t,•i•• ·~ :.-:I<A ~ '•'·' "f\. lot\\. '"C·,. :., ·• ~ ,\ 5. '• .... '~.(~ \4 ... .,"1 I' ~:;:ld l;t)Llc; or z~oJ.t;::!~J:J, .<mel thav: t.1r.cn the I~.~;:.n.·cd'~ rett\.!C!Oi:, ttl(~ "''ru::?-t~o, . .. :-.· .. •• : •• -.:,·,•..-!,~ .. J.;,•.··.t,•)·.;· ., · .... ,..,J ·t·1 -~-,,, o~· •.·,1 ·t ·1.,o''ic-t·'tl i',., ... c")"{f.:~·•l h···r•·•l·;-.~h-r •i!a·.t ·•oJn ~ ._. _ ..l. ••··-·;.,,., ... , ,._ .. J >A ~••• * ~·· ',,...,•J" i.J4.,. ..... viW ~#'> _,.,':-I ;. .. J .I • ·~11-· •,J. •. ... • . AF.'::ICL~ VI. , ., .. , • rru1tca G~a11 ~at ~ntcr into o~ ~n1~ta!u ~ny litigation to en!orcc pB~~eut }t.,,1,:,.1 ........... ~ };!"\ ~,,.~,j"'f'"" J"--.\ .... ~~·,.Ao.•fi\.. ... ~ •• W-"• .. ·,•...,·w~ thQ vrocc~~n of ~ny policy to meet QXpOUBG~ lncurrad 1n conncct1ou vtth I . .., .. • . ... ... . \ ·: .. -· l!4SURl~D: .• Is/ Robert. P. Calabro Is/ Domin1.ck c. Calabro ' · (SE.\r.) ·-····----.......... ___ -·~·-~--...... ,. ........ -... ~-· ...... --~· -.. -•... -... -::._. .... _ ..... _ .. _ ... _. :: ... , ....... ~-.. ·----' ............. . ...... ~~"'""·-· .................... -... ·-· 6, /s'/ ·Francis A. Devlin . •/ ... _,. ...... ······-~ ....... _._,, .. __ ... _ · ..... --·····"-"···-·· ... , ... -.. ·····-·-/s/ H.· H. Bingler Vice l?r.es!d<!ut ' .: .. . ·. -l.h .......... _ -........... -.. --.~'-''-·----·-··· --~'--1 • •· "· T'/ .... '1'"1 ... \.;:.J '~:.; • ~·,. .. c: ,....~ ..... ~ ....... t.;IJ .. , .. .. . '\. ~~ ------------------------------------ ,tfs oJC. ()cr IS, t?'ll f ::2. 7, (J (), I Sly /(), ().() o .• 0 0 9,?f!',o~ ~ ;l.t'c,t,~ 0 :J.D,O oo,Oo :l,.S, ooo ,oo :lS, Ooo.~ .:ts;ooo.o~ ·1 ~SD,OO I 11 ~S~7.4o I 39(), a?(),o7 Po I/ (j w 1 ~ ~ L 1 .; r..e-r! 4 .$' ..>e T5 Co '"1 ~It!" Hot)" Co,...., 7"K.o//ccl 87 .Aj,r!.s NAJZ6'!.4~ ~' {] 19/ .-'} J A!.,. 0 ,: . :. :C.}). >, C"" s.4 lf11f~ 14.6~ ~ ~ ,., 1 ~ v,.; J ;r-,..,, . ;1, :.rrJ buJ! (, J -;V;r-r; a~~+<. /;.J-N/t.. _.~ c,,,v o,., .J .6v,e 6, ~~ (~-NJ.-f, r< ~~~~ /i~ !.T 4 J # ,t*' /... .JI'J-VI ",./ • J v· J.c~4~ ~ 14-NCJIVJ b vJl '· / 4CV /t:,.A.T"/,,~AT~) /Jie//o~AJ B~'~,.J~ Wr1sJ,ifl),r-c,.J /LI92..14, 14/lui!,IJ·,~ 1 /6./(r'".tJ-r;~:,"rttU) J'kiJ/~o#1 /hDI4Jt!J .tLoe~ ~~~~;,!..J~;I /J11~11J1 ,1/,.,;,~t/lt~( _ . · l /o (~), erlAS o;..) ])19,' /y /); ~iJ I"M' ;J:'~v'~JrJ"f-t-~7) . --.. - ~/~;T t:'e.J~A-/11 L 5J19~;~A.I6J -.J..;:z'o,t~~ ~ C,-,rJdw.;J:,v,e~,/e-(/,;sr/oo Jt) Bru·nl;-~h~J-n-A. ~~~",J"Y ~rl~ /J.D.I/-'trA-1.. o've /Jo,.;J.s,-~~WJy/VIINi' -~~7« ·C119IIA J/<: otvc. BoAJJ./'-f?J~J/tJJ//411'AJ.i,,.. $7;97e .. Co~~i/A)I/~ cJ ve.. /D;.k/J-hWNJ7/111111r11 ~~~~n M&Jw'!Y rive 84,.;d$-~~wsy/vtt4111J #FA tiue_ ~4~1-IA,'I ~~J~J!A,'A /;;, /)JA'f?'~.; s~..uCA~vr~ ""f. BoNds.-fbll~o~ -M~~c.~Jt t;,,l,,., ll.s/JJ r11'-d ~e. 81JIJds-5~~L.· ~l/7 ,/}A~;4) .fe.Aoo L AvrJ !'1 ~ J ve ,41/t-~/46(!-BAI!l~C.~ /!.!,t ~IJ~,J,,;.J<. //~(.OCI~ /)uQ.vu~w~e. 1./,Jtrc~, t'",.,r-tfJ..., ;lti4A.~.t ~t3a 7-t'JI• g' . . -. ~-:-1r-9z.. z _,_~-:--, .3 ;!-_,, ~ t/ '·"I"' 8'! /l.·D I• 'i'l ,_,,_ 9.] ~~~~-'() ~a. sa "-'If-(.. ~-. .t ... _ ..... ________ ... 37 7 TA<J,~L~W&oci /)rlv(. ~~··~ L!> ~ .J hl./lliJ.~lA-< .. -" -.. " ·-· . . I? ?tg !=oA-J. L. r D 1'11/T't:JI"f oJ/ /-e ___ .. I ' I ,t:'A,(l Ml1-~~r Y'Ai ""e l.'t-~AAJ ,.,.~~~~---__ Mtlt.. Ni~~ILIJ.e7" V4--lv(. __ 'Tt!'w~IA)' _______ .. _ * ~J I 8"~ J) ;tP ll e. Pe,cL ~12.11 L 1 .S 14-n! ""'.,.~J _ L o e t:J (., /;9")( -e~e.,l>f ,tJr; _ ... _ _ ____ ... _ ... _ Forni RCC-33 ,. COMMONWEALTH OF PENNSYL VAN lA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS ' RESIDENT DECEDENT COUNTY OF · ........ J'f.As._I-g~~QI~J... ......................................... .. IMPORTANT: This return must be completed in detail and filed in duplicate, with will attached, with the Register of Wills of the County where decedent resided; Return is due within one year after date of death, unless an extension is granted by the Secretary of Revenue. (Section 703 of the InlJ.eritl'l.nce_ an!! E.~ tate Tax A,ct of 1~61o) '~ .. ! ...... G .. ! .... c~R.~~-~Jl~Bo~~8.4.i~~~~~R.~ ......................... }:::uA:;: :F (State full name of decedent) WASHINGTON ~ Late of ...... .... ......... ...... ..... . . .. . .. . . . ... . . .... .. . ... ....................... County Slaje of __ :=:;;~---------~}· s~: County of .................. ··············· ...................................... ,.................................. \ve, Cha!. E. Enlow' . Y.'~~-~-----P.!.-~-~~~-~~~-"-····~~-~~-~Pl?:~·l~!l ..... ~~~-~.S?.!J:~ ... ~-~----·~I.:l4 .... R~P..~~~---·~-! .... C.~~?~.<?. ................................................. . Eeeutor! of the estate of the above-named decedent being duly sworn, depose and say Decedent· died ......................................... N.:<;>yember ~? ............ , 19 ........ §..?. ... ,f testate leaving a last will, copy of which is hereto attached •. } (llay) (Y...,r) l ~ (Month) Name and addr~ss of attorney or} other authorized representative to whom all correspondence should be m·ailed. 1are ·That as such ........ ~~2~!-.!?.:r.~ ................. deponentsilf familiar with the affairs of said estate and the property con- ( Executor-~ stituting the assets thereof and their fair market value. That at the time of death there was no safe deposit box registered in decedent's individual name, or jointly with, or as agent or deputy of another, or in decedent's individual name, with right of access by another as agent or deputy, with the exception of the following:- NAME AND ADDREss oF BANK oR OTHER nisnTuTioN IN WHICH DECEDENT RENTED A SAFE DEPOSIT BOX THIS SAFE DEPOSiT BOX RENTED IN NAME OR NAMES OF RELATIONSHIP OF JOINT HOLDERS TO DECEDENT That the contents of said safe deposit box or boxes are itemized under Schedules ______ of this return; with the exception of the following, for the reasons hereinafter set forth: That Sc_hedule A attached hereto and made part hereof sets forth full v and in· detail all the real property in the Commonweti.l th of PennsylvMia of which decedent died having an interest therein. 1 It also sets forth the mortgage enct.m~brances upon each parcel of real property at the date of death, giving the amo~nt still due at death, name of mortgagee, date, rate of interest, and book and page of record thereof. It also sets forth in the columns provided therefore the assessed valuation of each of said parcels, the estimated market value thereof as of date of death of decedent. That Schedule B attached hereto and made part hereof sets forth fully and in detail all personal p ropertywheresover situated owned by the decedent at the time of death; all moneys left by the decedent at the time of death, whether in decedent's immediate possession, standing to decedent's credit in banks of deposit; savings banks, trust companies, or other institutions, whether individually, or in trust for any other person or persons giving also separately the accrued interest thereon, if any, down to the last interest day prior to decedent's death in the case of savings banks, and to the date of decedent's death in all other cases; all bonds, postal savings, treasury certificates or notes and other evidence of in- debtedness of the United States to the decedent; all obligations, whether by statute or agreement they are designated as tax free, of the United States, or any state, or political subdivision thereof, or of any foreign country, which are owned at the time of death; all wearing apparel, jewelry, silverware, pic- tures, books, works of art, household furniture, horses, carriages, automobiles, boats, and any and all other personal chattels of whatsoever kind or nature, left bydecedent, together with the fairly estimated market value thereof; all bonds and mortga~tes held by .decedent and of all claims due and owing decedent at the time of death, and all promissory notes or other instruments in writing for the payment of money of which decedent died possessed, of whatsoever nature, with interest thereon, if any, giving the face value and estimated fair market value thereof;; and if such estimated fair market value be less than the I face value, it sets forth briefly the reasons for such depreciation·as to each item; all moneys payable to the estate from life insurance polici-es carried by decedent; all aJUiuity and endowment contracts the proceeds of which were payable upon the death of the decedent; and all the corporate stocks and dividends due thereon and unpaid as of the date of death, bonds and accrued interest thereon to the date of dece- dent's death and other investment securities owned by the decedent at the time of death, with the market value thereof at such time. HTP 't I In the case of securities of close or family corporations, the values reported. are as far as possible substantiated by financial statements of the corporations, showing the assets and. liabilities thereof as of the· date of death. The schedule also sets forth the interest of decedent at the time of death in any co-partnership or business, and in support of the value of such interest there is annexed to said schedule, financial statements showing the assets and liabilities of said co-partnership or business. A copy of the co-partnership agreement, (if oral, a statement setting forth the nature of the agreement) together with a statement setting forth the character of the business, its location, and such other facts pertaining to the business as may be pertinent to a fair and just appraisal of the decedent's interest therein must be submitted.· It should also set forth in itemized form, together with· the fair "market value thereof, any other property owned or bequeathed by the decede'nt at the time of death. The Schedule C attached hereto and made part hereof sets forth a true answer to each inquiry contained therein and in the case of transfers ofproperty, real or personal, within two years of decedent's death, in contemplation of decedent's death, or intended to take effect in possession or enjoyment at or after death, said schedule sets forth the nature and value of such property, to whom transferred,· the relationship of the transferees to the decedent, the proportionate share received by. each transferee and all other facts of a pertinent nature regarding said transfers. In the case of transfers intended to take effect in possession or enjoyment at or after death, there is also attached to the schedule a co~y of the deed, trust agreement or other instrument creating the trust. Thero~ is also set forth in said schedule a list of all property, real and personal, with its value, which passes at decedent's death by virtue of the exercise by decedent, either individually, or jointly with another, or any power of appoint- ment vested in decedent, either individually or jointly, by the will, deed, or other instrument of another, with a copy of the instrument creating such power attached to the schedule. That Schedule D attached hereto and made part,hereof sets forth the names and addresses of all persons beneficially interested in this estate at the time of decedent's death, the nature of their res- pective interests, their relationship, if any, to the decedent, together with the ages at the time of decedent's death of all minors, annuitants and beneficiaries for life under decedent's Will. It also contains a statement showing which of the beneficiaries named in the decedent's will, if any, died prior to decedent, the dates of their death, their issue, andthe relationship of such issue to the beneficiary. That Schedule E attached hereto .and made a part hereof sets forth all property, real and per- sonal, owned by the decedent jointly with another or others, including intangible, standing in the name of the decedent and others, plus the date and place of record of instruments effecting the vestiture of real estate and the date of acquisition of personalty, plus the name, address and relationship, if any, of co-owners to the decedent. That Schedule F attached hereto and made a part hereof sets forth fully and in detail all debts and deductions claimed for and on behalf of this decedent's estate, including funeral expenses paid; family exemption, where applicable; costs of administration of this estate; counsel fees and fudiciary's commissions paid or to be paid; cost expended for burial trusts, tombstones or gravemarkers, and reli- gious services, in consequence of the death of the decedent; debts and claims owing and tmpaid at time of .. . . death; taxes accrued. charge.able for period prior to decedent's death (except. those allowed under Section . 651 of the Inheritance and Estate Tax Act); together with a statement of collateral pledged for obliga- tions, if any. It is agreed that the fiduciary will present proof of said claimed obligations upon re- quest, that if the amount actually paid in settlement of any fee, commission or debt is less than the estimated amount claiming and allowed, that the same will be reported to the Register of Wills, and that the amount of tax assessed can be reassessed in accordance therewith. That the totals of the appropriate columns in Schedules "A", "B", "C", "E", and "F" as directed therein,. ,I have been carried forward and properly registered in the Summalfitt~burgh National Bank Subscribed and sworn to before me this ............................... .. ....................... d.!?. ....................... day of ....... &.ui&.'?..-. ................ 19 ... k..J .. .. .......... ~~.¢;.~~~~~ .. ~: .. R.U!.~~ ............ . NOTARY PUBLIC WAS!IINGTON, WASHINGTON COUNTY, PA. MY COMMISSION EXPIRES FEBRUARY 1, 1973 (Execut~ ~.~ ... ~.?.~Y..h .... ~~.~!1: ... §.~.r.~.~t ................................................ ,_ ...... .. (Street Number) ~~~~~.~~~.?.~.t ... ~.~.~ ........ ~.22.9.~ ...................................................... .. (City or Town and State) NOTE: Before signing affidavit make sure all blank spaces in the affidavit and schedules annexed are filled in with details or the word. "None", and in case the assets include rare and unlisted securities, securities of close or family corporations or an interest in any co-partnership or business, that the data and statements required under the paragraph above relating to Schedule "B" are attached.. Also make certain that column #1 in the "Summary" has oeen properly completed as above-directed, RCC-34 (1-64) ,· COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE .BUREAU OF COUNTY COLLECTIONS TRANSFER INHERITANCE TAX RESiDENT DECEDENT SCHEDULE HAll ~EAL PROPERTY ---------- Real property in Pennsylvania, with statement of mortgage encumbrances upon each parcel at death of dece- dent. Where property held as joint tenant or tenancy by entireties, report on Schedule "E". Property hf'ld by the decedent as tenant in common with another or others, should be identified as to quantum of interest and the estimated value should be that of the decedent's interest only. The real property located In the Commo['lwealth of Pennsylvania should be described by lot and block number, street and street number, together with a general description of the property, with a reference to the record of the conveyance by which the decedent took title; if a farm state number of a- cres; also statement of mortgage encumbrances upon each parcel at death of decedent. Taxes, assessments, accr.ued Interest on mortgages, etc.,are to be listed on Schedule "F" and must not be deducted from this schedule. 16.06 acres of vacant land, consisting of 2 parcels separted by Route 79, Johnson Road, North Strabane Township, Washington County, Pa. Equity in lot 150 x 480 or 1.65 acres of vacant land on Private lane off West Pike Street, Chartiers Town- ship, Washington County, Pa., being purchased by decedent from John A. Harrison et ux under terms of Article of Agreement dated May 8, 1967 ( 1) ASSESSED VALUE FOR YEAR OF DECEDENT'S DEATH Insert this total opposite "real property", Schedule "A" in the X X X X X "f,s R.eported" column on the last page of this return. (2) (3) DEPARTMENT VALUATION ESTIMATED CAUTION MARKET VALUE (Do not write In this space) $ 6,700.0~ ·~ 4,714.45 $ 11,414.45 RCC . .:.35 COMMONWEALTH OF PENNSYLVANIA TgANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "B" PERSONAL PROPERTY INSTRUCTIONS: This Schedule must disclose all tangible and intangible personal property owned individually by the decedent, at the time of his death. Property owned by the decedent jointly with another or others must be listed under Schedule "E", Intangible personal property, titled in the name of the decedent, but payable at death to another or others, including but not limited to P.Q.D, u. S. Savings Bonds and tenta- tive trust accounts, must be listed, despite the fact that they are not of the administered estate. Tangible personal property should be listed first (e. g. jewelry, wearing apparel, household goods, and furnishings, books, paintings, automobiles, boats, etc.) Intangible personal property, such as bonds, treasury certificates, cash on hand and in bank, " . stocks, ·mortgages, notes, together with accrued interest or dividends, salaries or wages, insurance pay- able to the estate or fiduciary in said capacity, partnership interests, interest in anyundistributed estate or or income from any property held in trust under the will or agreement of another, even though located outside of the State, at the time of death, should be listed in this schedule, . Item ITEM UNIT ESTIMATED DEPARTMENT VALUATION No. List and describe fully As per attached schedule . ; . . ,·,,_ .. .. .• .. '· \ .·•·-·-· ~ ~- "' .. '' ..- Insert this total opposite "Personal Property", Schedule "B~ in the "As Reported" column on the last page of this return. J I I I I I VALUE MARKEr VALUE $ 40,655.?~ I I I I ! X X 1$ 40,655.21 ! (Do not write in this space) ~ I "' ,. ·· ~CC-36 f'0\~!0~'\'E\LTH OF PENN SYLVAN I A. T1L\NSFER INHERITANCE TAX v HESIDE~T DECEDENT SCHEDULE "C" TRANSFERS (1) Dirl rlecedent, within two years of death, make any transfer of any material part of his estate without ~Jo ' receiving a valuable and adequate consideration therefor? (Answer yes or no) r (2) Did decerlent, within two years of death, transfer property from himself to--h-i~m~s~e-1-f-and another or others (including a spouse) in joint ownership? (Answer yes or no) --=N~o:.._ __ (3) If the answer to (1) or (2) above is in the affirmative state: (a) Age of decedent at time of transfer ---------- (b) State of decedent's health at time of making the transfer. (Note 1), (c) Cause of decedent's death, (Note 1), (4) Did decedent, in his lifetime, make any transfer of property without receiving a valuable or adequate consideration therefor which was to take effect in possession or enjoyment at or after his death? (Answer yes or no) __ N_o __ _ (a) Was there any possibility that the property transferred might return to transferer or his estate or be subject to his power of disposition? (Answer yes or no) No (b) What was the transferee's age at time of decedent's death?------ (5) Did decedent in his lifetime make any transfer without receiving a valuable and adequate consideration therefor under which transferor expressly or impliedly reserves for his life or any period which does not in fact end before his death: (a) The possession or enjoyment of or the right to income from tht' property transferred? (Answer yes or no) __ N_o ___ _ (b) The right to designate the persons who shall possess or enjoy the property transferred or income therefrom? (Answer yes or no)_~N~0~---- (6) If the answer to (5) (b) above is in the affirmative, state whether the right was reserved in decedent alone or others ____________________________________________________________________ ~------------ (7) Did decedent in his lifetime make a transfer, the consideration for which was transferee's promise to pay income to or for the benefit of care of transferor? (Answer yes or no) No (8) Did rlecedent, at any time, transfer property, the beneficial enjoyment of which was subject to change, because of a reserved power to alter, amend, or revoke, or which could revert to decedent under terms of transfer or by operation of law? (Answer yes or no)_~I~~0~------ (9) If the answer to (8) above is in the affirmative, was the power to alter, amend, or revoke the inter- est of the beneficiary reserved in the decedent alone or the decedent and others? (Answer yes or no) _________ _ NOTE 1: The answers to these questions should be supported by affidavit by the attending physician as well as a copy of the death certificate. NOTE 2: If answer to any of the above questions is yes, set forth below a description of the property transferred, it's fair market value at date of death, dates of transfers and to whom tr~nsferred, with relationship of transferees to decedent, if any. Submit copy of any trust deed or instrument, if trans- fers are claimed to be non-taxable, also submit detailed statement of facts on which said claim is based, NOTE 3: List applicable property below in manner in which provided in Schedules A, B, or E. ITEM DESCRIPTION Insert this total opposite "Transfers", Schedule "C" in the "As Reported" column on the last page of this return. MARKET VALUE (Estimated) DEPT. VALUATION (Dept. Only) ~ RCC-3!:1 COMMONWEALTH OF PENNSYL~ANIA n TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "E" JOINTLY OWNED PROPERTY INSTRUCTIONS: This schedule must disclose all property, real and personal, owned by the decedent jointly with. another or others, including intangibles, standing in the name of the decedent and others. List real estate first, as entireties, or joint tenants, giving brief description, as indicated under Schedule "A", plus the date and place of record of instrument effecting vestiture, but do not include entireties or out of state real estate value in estate valuation column. Personal property should be listed as in Schedule "B", plus date of acquisition, and the name, address and relationship (if any) of co-owners to the decedent. Description of Property, Date of Acquisition, Name I Unit Address and Relationship of Co-Owners, and Place I Value of Record of Instrument, where Real Estate. ! Lot 45 x 137 x 73.30 in the rear Thornwood Drive, having erected thereon a brick \dth stone front dwelling and a l-ear integral gar~ge known as 337 Thornwood Drive, 2nd Ward, Canonsburg Borough, Washington County, Pa. 24,500.00 • (owned by the entireties ~dth Margaret R. Calabro, wife) Lot 100 x 100 or 0.344 acre on Route 19, having erected thereon a 1-story brick and clapboard dwelling and a 2-car attached garage known as Sam 1s Warehouse, Route 19, North Strabane Township, vvashington County, Pa. 20,774.00 Less : 1-1ortgage thereon to Union National Bank of Pittsburgh with balance due as of date of death '912~43 $ 19,861.57 • Lot 200 x 746 West Pike Street, having erected thereon 2 1-story concrete block with brick front warehouse buildings and a 1-stor,y concrete block warehouse build-- ing known as 2445 -2449 West Pike Street, Chartiers Township, Washington County, - Pennsylvania $ 262,000.00 Less: Mortgage thereon to c·anons- burg Office of Pittsburgh Niltional Bank with balance thereon as of date of death 26,934•19 $ 235,065.81 . (the above two properties owned by the entireties with Margaret R. Calabro, ·~,vi.fe) Pittsburgh National Bank, Canonsburg Checking Account (registered Dominick c. Calabro and Margaret R. Calabro, wife) Household Goods (jointly ovmed \'lith Hargaret R. Calabro, wife) 350.92 • 1,1$7.50 . percentage Estate Share Valuation I Insert this total opposite "Jointly Owned Property", Schedule "E" in the "As Reported" column on the last page of this return. DEPARTMENT VALUATION CAUTION-Do not Write In This Space. Value of Entire Property I I i I Value of Decedent's Interest . ,. l • '~CC-37 ." (l2-6j) COMMONWEALTH OF PENNSYYLANIA TRANSFER, Il'ilHERITANCE TAX .. RESIDENT DECEDENT .. I · .. I .... ,. -. ' BENEFICIARIES AND ADDRESSES ( h State full names and addresses of all who ave an interest, vested, contingent or other wise, in estate) rgaret R. Calabro Jv!a 3 c 37 Thornwood Drive anonsburg, Pa. ' I t p u ittsburgh National Bank. Trustee nder Life Insurance Trust ARree- ent dated 5/29/68 per Paragraph m HIRD of Will, Trust T R • Calabro, wife for Hargaret SCHEDULE "D" BENEFICIARIES RELATIONSHIP (If step-children or SURVIVED DATE INTEREST OF illegitimate children DECEDENT OF BENEFICIARY are involved, set STATE YES IN ESTATE forth this fact.) OR NO BIRTH· Wife Yes Legatee and Beneficiary Under 'l'rust . .. ,.. . -. ' - " - .. . Deponent further says that all the above-named beneficiaries are living at this time except below: NAME DATE OF DEATH RESIDENCE " Will Administration ~ No. P.ll THE Year .......... . ~lATTER OF THE APPRAISEMENT OF THE ESTATE OF DOMINICK C. CALABRO, a/k/a D.C. . qAJ,.PJ3RO ~ .. ?J./1</ a. . P. .~ .. C" . C&.I$RO, .. :S.R •.. Deceased Late of . . . . . 3.37 .'I'llO.r.!l:W.()O.ci D.r.:i, "'T~ Canonsburg Borough County of Wet~l1:i.ng:tqn . Commonwealth of Pennsylvania REPORT AND APPRAISAL i· 'V<JJ (D(j) /Iii(() t! 'S?,!Ifl'l.!!((llo.MfJ!JI ' ""-."-'·~·lffli .. ~)I',J:lli ! fSl71Hil.l, dJ!f; !)J:o, l;; ,1:y :ill;l @f!l!!!l}Jfl'f1N; J/7/.~~;l,;,;,~~,' . . -.;;;~, .... 1rJ4-;:g ,. ~t t tta til 11!1 69. ~(}:-,~II . .J .::J i! !j .,~J (• (Executor-Administrator must complete "As Reported" column #1.) '- 0 .... 0 "' "' ..., ~ :.< ~ cr (;) t'%1 "' ~ ~ .... ~ ~ :Vl : l\). :,.. :o :"' '..O :• :"' :"' ~ -€19 ~ :~ :~ " D·' "'. ~ 6'- :~ : ::? '"t1 :::0 :~ ~ ~ ~ .... e. : t-J• ::I "' 0 :!:j ~ ::I '"t1 'ci" ~ e. .... , ..... ;:;; 0 "< '0 '"t1 ~ .... .... :§ 0 ~ '0 ~ :CD .... ~ :p. '< '"' ''i :o 1i :~ ~ CJ') c::: ~ ~ > :....-....: :::0 :(I) ............. ....-.... ....-.... .....:: 'Ow :: ?"" :~ 0 . = : :'"-" ....._. -<n ~ C/) CJ') () () ?"" ?"" ~ ~ ~ ~ :.::-: ..... ;; : .. o t"' "' : "' '+:-!:0 :Vl :f-1 ~-. : Vl :.::-"0 ,_ :. ·:. 0 ...._ : 1\.) .::-.... :f-1 VI [ -<n~-€19~ ........_ .-..k "-.... > . :& :---.::..cr. ~ ~ tJ :~ :.Jo.. It........_ .("" ~8"1'0 ~~3- 1 . ..... -~~~ .. ' r ,.. . ' R C C-81 (2-64) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS INHERITANCE TAX DIVISION NOTICE OF FILING OF APPRAISEMENT IN YOUR REPLY PLEA8E REP'IER TO 37-169-4 PITTS .BURGH NATIONAL BANK & ROBERT P. AALABRO (Executor ~ In Re: Estate of ____ _;D::..:O:::.M:::I:=.:N=I.::..:CK:::.....:C::...:•~CA:.::LA:::..::B::.R:.::O ___ _ _____ W..:.:.AS_;:_;_H_IN_G:.....:T:....O_N _____ County _ File No. 6}-68-1577 You are hereby notified that the original appraisement in the estate of Dominick C, Calabro has been filed in the office of the Register of Wills qf Washington County on November 13 , 19~. Said appraisement reflects the following valuations: Real Estate __ ~--~1=1~,~~~,1=1~,·~4~5~------- Personal Property __ ~4~0~,~6~5~5~.2~1=--------Transfers _____________________ __ Total ___________ ~52~1~0~6~9~·~6~6 ____ __ As to such tax that is paid within three months from date of death, a five (5%) percent discount is allowable. As to any tax that remains unpaid after one year from date of death', interest at the rate of six (8%) percent per annum is charged. Any party in interest who is aggrieved by an appraisement may appeal therefrom as provided by law. Date ____ ~N~o_v_em..:.:.b_e..:.:.r~l4~,~1~96_9~-----Signed (b) R. ~ 2•...;-th ~ «._ Title W.R. CHAN.l!.Y, C APPRAISER DATE OF DEATH: November 13, 1968 Note: This is not a bill. RCC-39 ( 6-64) ~ CO\JMONWEALTH OF 1'.\NN~)'INAN:Io'\. CALABRO, DOMINICK C. FILE # 63-68-1577 November 13, 1968 ·T~AN:3FEH INHFRITANCE TAS SUMMARY ~'-':SIDENT DBCE~ENT TtEPOl\T OF INHERITANCE TAX APPRAISER I! the undersigned duly appointed Inheritance Tax ~ppraiser in and for the County of Washington , Pennsylvania, do respectfully report that I have appraised the real and personal property as reported in the foregoing return at the values set forth opposite each item in the last column to the right in Schedules "A", "B", "C" and "E". Dated: 11-14-69 11-13-68 REPORT OF THE REGISTER OF WILLS I, the undersigned duly elected Register of Wills in and for----------- County, Pennsylvania, do respectfully report that I have allowed deductions in the amounts claimed by deponent, except as to those i terns where a greater or lesser amount is set forth in the last column to the right in Schedule "F", which greater or lesser amount represents the sum allowed as a deduction. Dated: INVENTORY Real Property (Schedule A) Personal Property (Schedule B) Transfers (Schedule C) Joint-Held Property (Schedule E) TOTAL GROSS ASSETS LESS Debts and Deductions (SCHEDULE F) CLE~~ VALUE OF ESTATE Valuation of life estates or annuities ESTATE TAX ASSESSMENTS FOR USE OF REGISTER ONLY Tax on $ _______________ ; ___ ~% Tax on $ .. ~~~o Tax on $ ________________ ~~u Tax on $ . __ lf'l% Exemptions := (':') Total Estate __________ __ TOTAL TAX Less tax previously paid BALANCE Less ~% of tax if paid within 3 months after death BALANCE OF INHERITANCE TAX DUE Add interest at rate of H% from to AMOUNT OF ESTATE TAX ASSESSED Estate tax paid BALANCE DUE Add interest at rate of 6% from to FOR USE OF REGISTER ONLY REGISTER OF WILLS VALUE $ AS REPORTED VALUE AS APPRAISED V..:...;"'=~L=U"-"'E~A;::.;S_""'RE""AP=-=P~RA=I..:.:S""'"ED"'" ll,J.J/, .,L,.5__ $ ll_..hl,l!-.45._ $ _____ _ /10,655--2l_ 4U,695.2l 52,069.:6b =====""'-·~ ======·~ =======·- $ ____ ~ $ ------ COMPUTATION OF TAX d> ~~) _____ _ !1: ------$ _____ _ $ _____ _ $ ____ _ $ ~~======~==·-·-- '!'.;_· ------ $===== := TOTAL TAX BALANCE PAID ADJUSTMENTS (':') As evidenced by Chari table Exemption Certificates issued by the Secretary of Revenue. ~ ,,, ________ _ $ ______________ __ $_. ____________ __ $ NOTE: Where subse~uent adjustments are made to the above computation of tax by the Register of Wills, for proper reason, same should be noted below, with short explanation. \ I Will Administration t No. I:-.< THE Year ........... . ~lATTER OF THE APPRAISEMENT OF THE EST.\TE OF DOMINICK C. CALABRO Deceased Late of .. . Ci\N.ON$B.l.JRG . County of WASHINGTON Commonwealth of Pennsylvania REPORT AND APPRAISAL X /' ~ - ' ...; ~--------------------··~·-------. ---.. --------------------------------------, Fonn RCC-2 DATE November 14, 1969 DEPARTMENT OF REVENUE BUREAU~ OF COUNTY COLLECTIONS 'HARRISBURG. PENNA. 77 12 7 COMMONWEALTH OF PENNSYLVANIA RESIDENT INHERITANCE TAX APPRAISEMENT COUNTY ..................... \.'f.~~~J~~.~~ ................................ . FILE NO. .. ...... Q).::.Q.~.+-?.7.7 .............................................. . Whereas, .......................... D.aminick. ... C ....... Cal.~9..r.9. ........................................................ late of ................................ 9.~?.~~.?.~~ ......................................... .. in the County of .............................. Washingt.on. ..................................................................... Commonwealth of Pennsylvania, having died on the .................................... l3 .... th ....................................... day of ...................... NQY.~m:t>.~.:r. ............................ 19 ... §~ ... seized and possessed of an estate subject to Inheritance Tax under the laws of the Commonwealth of Pennsylvania; Therefore, I, ............................. W.~R.~ .... 9.~D:~Y. .................................................................. , an appraiser duly appointed according to law, having been designated to make a fair and conscionable appraisement of the said estate, and to assess and fix the cash value of all annuities and life estates growing out of said estate, hereby file the following appraisement: In the event that any future interest in this estate is transferred in possession or enjoyment to collateral heirs of the decedent after the expiration of any estate for life or for years, the Commonwealth hereby expressly reserves the right to appraise and assess transfer inheritance taxes at the lawful collateral rate on any such future interest. Description of Asset REALTY: 16.06 acres of vacant land, consisting of 2 parcels separted by Route 79, Johnson Road, North Strabane Township, Washington County, Pa. Equity in lot 150 x 480 or 1.65 'lCres of vanant land on Private lane off West Pike Street, Chartiers Township, 1'/.::.shington County, Pa., being purchased by decedent from John A. Harrison et ux under items of Article of Agreement date May 8, 1967 PERSONALTY : See copy of inventory attached 6, 700.00 4,714.45 ll,414.45 Total Unit Values $ Appraisement Made for Inheritance Tax Purpoaes 11,414 45 40,655 21 52,069 66 ~=======================-======II form~·!:;~ht;:: ::~~w()O"!l ·ccr~I;?.t~~· ~:; .~·~~~~ ~·~·~~".~b·~· ~~==~;': 7;:1~~ Ap~¢i·~r ................................ ····················· .................................................................. . fW······················c··· .... '~·.:::z:·.......................... ••····;:~:. I I I ............. .. . . W.A$.H+.NG',l'Q~ ..... County RESIDENT INHERITANCE TAX APPRAISEMENT Estate of DOMINICK C. CALABRO Deceased. Late of CANONSBURG Date of Death, ............. ~gy~-~~ .. ;L,?., .... ?.-:?.§.~: ......... . AppraisemeHt Docket Vol. 3.7 , ·················· ................................ . Page, ..... l.6..9~.4. ...................... No ... 9.3.~.6.~l.5.7.l ......... . Filed in Register's Office, .. N9Y~P.~;r .... l..419.9.9 .. . Amount of tax due, $ ................................................................... . DEPARTMENT OF REVENUE Received, " J• Examined and Approved, l. Wrote abo.ut Appra-isement, Appeal f1'om Appraisement, Entered and charged, '* I Form RC C·lO .. , -' OFfiCE OF TME •: REGISTER OF WILLS oF Washington COUNTY AND AGENT OF THE COMMONWEALTH STATEMENT OF DEBTS AND DEDUCTIONS ESTATE OF Dominick C. Calabro LATE oF Canonsburg DEDUCTIONS ALLOWED IN THE SUM OF ............ $ .. DATE APPROVED .....•.. Register of Wills, Agent DATE OF FILING APPRAISEMENT November 14, 1969 OATS OF DEATH Noyember 1 3, 1968 DATE NO. OF NAME OF PAYEE REMARKS AMOUNT Dec. Jan. Feb. Mar. Apr. May June Oct. Mar. Aug. VOUCH<:" 19( 8 23 Washington County Reports Advertisinrr letters test.<~ml"nr.<~nr 1l 00 23 Russell Marino~ Register of Wills Grant of letter!': tel':tament"'r'' p "\(} 23 Russell Marino, Register of Wills 15 Short Certificates 15 00 19E 9 14 Russell Marino, Register of Wills 5 Short Certificates 5 00 24 The Daily Notes Advertising letters testamentarv 1 'l ')0 Fee re affidavit 12 Mabel E. Rutan, Notary of Robert P. Calabro 7') 17 Russell Marino,~ Register of Wills 2 Short Certificates ? 00 Appraisal charges in re propertie 19 Pittsburgh National Bank situate as follows· Private land off West Pike, Chart Township, Pa. ers Johnson Road, North Strabane Twp. Pa. 337 Thornwood Drive, Canonsburg, Pa. Route 19 North Strabane Township, Pa. 2445-49 West Pike St., Chartiers TownshiP Pa "\'Fi (}(} 27 IBob Franks Prothonotarv Costs and #~tisfaction of liens a 4f720 and ~711 16 00 15 Mabel E. Rutan~ Notary Fee re affidavit of Robert P. Cal bro 75 Satisfaction of lien on account o 19 John Lieker, Esquire iudgment entered by Louis James Pake against D. c. Calabro 9 00 Appraising household goods at 20 Martin R. Hallam oronertv situate 317 Thornwnnil Drive, Canonsburg 20 00 6 A. T. King Appraising jewelry 3 00 21 Russell Marino Register of Wills Balance due on grant of letters testamentarv and filinrr inventor, 1Q 21 Mabel E. Rutan Notary fee re affidavits of Robert P. Calabro 2 29 Russell Marino Register of Wills Certified conv of will R lC 704 !Mabel _Rutan !Notary fee 1 E 3 K. R. Dever Calculations for description and location and legal description of property on Johnston Road, North Strabane Township 50 COMMONWEALTH OF PENNSYLVANIA } - __ se: COUNTY OF I, ----------------------~-------HEREBY CERTIFY, THAT. TO THE BE•T OF .... y KNOWLEDGE AND BELIEF, THE FOREGOING IS A JUST AND TRUE SfATEMENT OF DEBTS, FUNERAL EXPENSES AND EXPENSES OF ADMINISTRATION SUBMITTED TO THE ESTATE OF -------------------DECEASED, AS DEDUCTION$ FOR INHERITANCE TAX PURPOSES. ----------------------cL. s.l SWORN AND SUBSCRIBED BEFORE ME THIS -----DAY 01" ---------------------18 __ __ (}0 00 "\(} 1 00 00 I I I I I I I I Form RC C ·10 -• OF;FICE 'OF THE REGISTER OF WILLS OF---------COUNTY AND AGENT OF THE COMMONWEALTH . ' STATEMENT OF DEBTS AND DEDUCTIONS DEDUCTIONS ALLOWED IN THE SUM OF ............ $ .. . DATE APPROVED ....... . Register of Wills, Agent ESTATE OF-----------------LATE OF------------------------------------ DATE OF FILING APPRAISEMENT -----------DATE OF DEATH---------------------------- DATE NO. OF NAMii: OF PAYEE REMARKS AMOUNT VOUCH.-111 19 ~1 Appraisal charge in re West Pike .T::~n 29 Pittsburgh National Bank Street. Chartiers Townshin Washington County, Pa. 115 po Reimbursement for funds advanced Nov. 4 Joseph W. Linn for photo copy of deed of easeme t from Donald C. McBride et·ux to Citizens Water Co. 1 hn 5 Norma Jean Pees Notarv Fee t7c; Maintenance and preservation of propertv situate Johnson Road North Strabane Township, Washing on Countv. Pa. -Taxes - 1969-71 on surface, Washington Countv Cannon-McMillan-TTninn School District, North Straban,e bo Township 210 Insurance - r.PnPr.<~1 1i.<thi1irv in",,..,. •n<> premiums for coverage 11~_13/68 tl 11/20/72 54.00 Refund 34.00 20 bo Dec. 15 Russell Marino, Register of Wills Filing this account 29 0 15 ~ichael E. Kusturiss Attorney's fee 2 750 )0 15 Executors' Compensation to Robert P. Calabro & Pittsburgh National 1 ?nn ~n Bank 1,850 0 Jan. 19 ~f4 IT' he Catholic Cemeteries Associatic Cemeterv lot in Oueen of n I Heaven Cemetery 380 00 Opening and closing grave 140 00 15 !Mario L. DeAngelo Funeral Home !Funeral Exnenses ? ?1<; Inn Mar. 21 Margaret Calabro Reimbursement for moni eq <>rhr"'"""'rl Presbyterian Hospital 1,960 80 June 4 Gavdos Monument Co. M.<~rker 38<; Inn Mar. 29 f'Jashington County personal propert w tax for vears 1963 1964 and 1965 as per liens filed to :/1720 a pd :/1731 6 59 . Anr 10 rhris Vlaskos 1\ttornev's services Prior to death 100 00 COMMONWEALTH OF PENNSYLVANIA }ss: COUNTY OF I, HEREBY CERTIFY, THAT. TO THE BE8T OF MY KNOWLEDGE AND BELIEF, THE FOREGOING IS A JUST AND TRUE STATEMENT OF DEBTS, FUNERAL EXPENSES AND EXPENSES OP' ADMINISTRATION SUBMITTED TO THE ESTATE OF DECEASED, AS DEDUCTION!il FOR INHERITANCE TAX PURPOSES. (L. 5.) SWORN AND SUBSCRIBED I!IEFORE ME THIS CAY 01"' 18 __ I I I I I I - I Form RCC·lO DEDUCTIONS ALLOWED IN . . OFFI.CE •OF THE REGISTER OF WILLS '-~/ ~ ~ OF------.:).~---COUNTY STATEMENT OF DEBTS AND DEDUCTIONS THE SUM OF ...•........ $!.?({4"Jc'JP -~·-=1~.?~ AND AGENT OF THE COMMONWEALTH ESTATE OF---------------LATE OF--------------------- DATE OF FILING APPRAISEMENT -----------DATS: OF DEATH ----------------- DATE NO. OF VOUCHS:" NAME OF PAYEE REMARKS AMOUNT Additional federal income tax- June 4 Internal Revenue Service Year ending 12/31/66 660.86 Interest 79.50 740 36 Year ending 12/31/67 553.36 Interest 32.88 586 24 $13.416 74 fA tv~7~. L.A n.•1l...J '~~~l~ (~t,~ J( .,~ (AM~~~ ~~ ' -~~ ~ I' ' COMMONWEALTH OF PENNSYLVANIA }as: COUNTY OF Washington I, Llosenh W Linn Assistant Trust Officer of Pittsburgh HEREBY CERTIFY, THAT. TO THE BEaT OF .N_at~onaT !3.all~. 114Y KNOWLEDGE AND BELIEF, THE FOREGOING IS A JUST AND TRUE SfATEMENT OF DEBTS, FUNERAL EXPENSES AND EXPENSES 01" ADMINISTRATION SUBMITTED TO THE ESTATE OF Dominick C • Calabro DECEASED, AS DEDUCTION$ FOR INHERITANCE TAX PUR~OS£8. d --~scpJ. CQJ. ~ ' ""' -b CL. 5.) ~N ANO SU08CR0"'00"0R~ DAY 01' Ass stant Trust Officer - , ~ • . -::-_ ·;:_ 1 e ;;1. ~ Z~2 Es~ha LaJOSt· 7;; Notary PuMir., Washingto~ W~!!~ington Co. My Commis~icu ExpiresS~ptember 4, 1972 \ ,'\' - - ·-··o i-· ::::: ,..,.,_, l> (f) 0 . . ·. .. ·-·, .-. ,,--," ' , .. , ~ . \: .'' ~~ . •'' / 1Ju tbr ®rpqaus' <tlnurt nf lllasqtugtnu Qlnuuty IN THE MATTER OF THE AUDIT OF ACCOUNT a/k/a D.D. Calabro, Sr. ~ In re Estate of _____ ,, ___ ?_~-~~~~1...~~~~~~~---:··----------------------No .... §?.~§~~~?.F .............. ~~-~-~: 1972 ........ , AA ...... ~itt~'Q~gh __ ~~.-m.Qn~_:t, __ ;I?_~n-~.~--~'Q-~~t.:~!' .. :~~~-~h~-'---~~;~--~~h~~;I; __ .E..! .. ~~~J~rt-~.~~---~~~Y!> ............... . ~ Date of death ... J~q"'·--;l.j,__).26~L ...... Date of filirig Inventory Appraisement ...... 9.c::.~_9J?.~-~--?.Q, __ J9.~9. ____________________ _ ~ TO THE AUDITING JUDGE: Enter my appearance for Personal Property Tax Due Washington County, viz: ------·--·- ITEM Valuation 1969 100 sh Andy Gard Exempt 20 sh Northeast Airlines @ 18.75 375.00 30 sh Pan Am World Airlines @ 29.125 873.75 33 sh Randy Industries Not Listed 10 sh American'Airlines @ 35.00 350;00 1968 100 sh Anqy Gard Exempt 20 sh Northeast Airlines @ 19.875 397.50 2-1 split 30 Sh Pan Am World Airways @ 23.875-716.25 33 sh Randy Industries Not Listed 2-1 split 10 sh American Airlines @ 33.75 337.50 1967 100 sh Andy Gard Exempt 20 sh Northeast Airlines @ 23.75 J.a5;,oo 33 sh Randy Industries Not Listed 5 sh American Airlines @ 69.00 345.00 15 sh Pan Am World Airways @ 54.75 821.25 I Year Inventory Assessment Valuation 12% Asse-ssment Tax at 10% Collection 6% Interest Total Claim Appraisement Returned Penalty 4 Mills Penalty 19 19 19 19 19 19 69 1600 None 1600 --6.Lo .64 .99 8.03 68 1450 None 1450 ---5.80 .58 1.35 7.73 67 16Lo None l6Lo ---6.56 .66 1.71 8.93 TOTAL CLAIM 24.69 The foregoing is a statement of all items taxable as they appear in the Inventory Appraisement, Affi- davit or Assessment filed for the purpose of determining the Personal Property Tax on said Estate . .......... J.~-~---·---daY of ...... ~!....................... 19 ... ?? .... . A. V. CAPANO, Solicitor } f ' -~-~ -1 -. . 1 No .... 63~~1 ........ end ...• 19.?2 ....... , AA In re Audit of Account in Estate of _______________ r.ct.&~~--J:or::!.~tctt-------~----------------------· AUDIT Jrarripr fnr 1\ppraranrr FOR WASHINGTON COUNTY PERSONAL PROPERTY TAX ~A. V. CAPANO, . Solicitor ~9 ~-, c·!·,.~ ""r"'~ --~ 1~ ~·· ·~'" ~ ... ,.., ·--l. .,..... ·~ ,., ''· ~?') 1'1111' r ptl { ;"'; ", c.. ·~Ll·· f' , I· ,., u.J '·1u··'(· .. _ . ._,. "'I'" f\ " ..,) . .; i.~ I • . .... \ r \ u r_ E G I S f E.: ~ (J r: 'r'f i L L S ~:ASHil~·:Tcq CO .. PA.