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Home My WebLink AboutOC1969-0254 - ESTATE OF DENNISTON,- .-- ., ~n :t4t arnurt nf arUW11tl1U Jlru5 uf lfu511itl!ltnn arnuuty, Jruu5ylnuuiu,Qf)rp4uus'arumt ilinisinu ) ESTATE OF Warren Lawrence Denniston a/k/ W.Lawrence Denniston a/k/m W.Laurence Dennis ton,deceased No.63-69-254 In the matter of the First and Final Account of Edna Denni8 ton &:Western Penn I a I I National Bank,Execute>r8 ADJUDICATION AND DECREE And now December /::],19~,this matter came on for hearing, audit and distribution at this session and testimony taken;and thereupon,upon due consideration thereof t~e balance for distribution in the hands of the Accountant is determined to be $35,50.07 and the account is accordingly confirmed;and it is ordered, adjudged and decreed that the said balance 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 be taken herefrom sec.leg. SCHEDULE OF DISTRIBUTION Balance per account -------- Adqitional debit asked at aUdit, Additional credit asked at audit,Balance,_ Deduct Clerk's Costs &Receipts5--_ AMomey'R.ua..1...,pW'ht.lo,··_T..".......D"-!oSt;.w.JIiI.lI.Llf...a....DooUiQl..·1 Ruesell Berino,Clerk O.C.,c08ts certifying real estate to Recorder, Olga O.Woodward,Recorder,COlts recording certification of real estate, Ruseell Marino,Agent,transfer inheritance tax,$1350.98 Interest from 5/11/70 to 12/24/71 131.32 L.wrence Hughes,gra,ndson,legacy in kind of gun collection held in kind and distributed as such at the appraised value,credit to be taken by the accountants for items advanced prior to distribution by the Court, Edna Denniston and Western 'ennsylvania National Bank,Testamentary Trustees for Edna Denni8ton, as set forth under the terms of the will,resid including cash,Equitable Gas Company Lease Nos. 18499 valued at $1500.00;Lease No.F75 valued at $750.00;and Leese No.1298-3 velued at $270.00;Firm and Acreage as hereinbelow des- cribed valued at $26,500 after correction of value for parcel sold;held in kind end di8tri- buted as such at the values as 8hown, $33,044.27 3928.21 1122.41 $35,850.Q7 115.00 $33,595.27 No balance '.... --.-- '\.\):.0: II \." '. r 0 ~~ .... s:' :I,Z n """ r 9 t:Y ~ 0 :r -..s:CD ~ :I 3a.... 0 0 .........""" ..' ~ @' \'.a ., ..-~....~:~\"" 0 \'Er -1'\ /\... .-to \1,1 "'"= :r(\) ""~~ ~ti~'~ ., ,',r ..'\I.'-\" .i ".) ,.....' I .!' [ .,.".f ., \~.\ r ,., .'~ ,I l -I , I "_\t .\'.' ,. " • REA'L ESTATE TO BE CERTIFIED TOTHR RECORDER OF \lASHING'ID~COUNTY ,~., BY THE CLERK OF THE ORPHANS I COURT DI'ISION Warren Lawrence Denniston,a/k/a,'W~'L~wrence Der~i~ton allk/a W. Laurence Denniston,aevisor,to Edna Denniston Qnd the W~stern Pennsylvania National Bank,Tr~~es,and devisees,in tr~st r~r Edna Denniston under the te~s of the Will,all the righ~title and interest of the devisor in and 'to parcel of real est~te des- cribed as,VIZ:., ALL that certain lot or piece of gram d situat~in the Township of Union,C~unty of "W'a~hin,gton,CODJmGnl ea-lth ofPennsyl- Tania ,containing approximately 117 acres at the corner oF'Gill Hall and Aber Rds.As recorded in the Recorders Office of th above said County in Deed Book Volume 777,page 27. HAVING erected thereon a two-story brick dwell ng known as R.D.#4.Finleyville,Pennsylvania,and subject to a.d rerse con- veyance of record. CERTIFIED TO RECORDER DECEMBER 22,1971. ~~ No.--.-__-----.------"J';i .-i"t- --f /~... .. In the matter of the Accountof .. '}I DEC II·.f~N 9 43 RUerr ",f -,•LI 0,.....J .....,Lt L 1',.H,lr"J nEG ISr £i~0 F VII LLS :,\'/ASHWCTON CO.•PA ...'1 .- ! r of Estcite of ~ ;. '. f' 1\bjubirnfutu nub Irrrrr .....', to. ..' •,.- -. ".' .... ~~~\-- ~a Affibuutt (@f Executnr ®r Abmtutstrutnr J ~ttttt nf 'tttttliyluttttitt }-lili·Q!nutttynf ~.\~- Person3:lly before me,the undersigned authority,a .D.QtgF.Y.......in and for said County and State,appeared ...-~?i~...~dTI~r.b~.gfl~~~-6rr;-r.~8-:t~~M-E5f"S"--..who,being duly sworn according to law,deposes and sa.ys that he is the executor or administrator of the es- tate of ._YII,~!r~_~Wn..~La~!".~-~~-~..·?De::~-~-~-~-~t ceased.,)haLthe..foregooingo schedules fonstitute aaha •awrence ennlS on aiR a w.Laur~n~e Dennls~on cQmplete inventory and appraisement of the real and personal estate of ....W.9*-~-~n---Lgw.r.~-n1j}enniston dElc~ased,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 thefair value of said items as of the date of the decedent's death,based upon a just appraisement of each item made by the above named~ecutor Nt~inistrator.s:.~..'nj_';;;"b.S_~c/rt.obeJ be 1 f 9 0re7.,,:th"JC><t,}.~.y~~.~N..;~;b;4.~~~~.~~~~..BANK ..~QlAffz{~·If}·······~·······r··em~K~~~x P.i.~T ?~~~:111 ~..........................Jay E.Fried~iT~rustOfficerMY(;QM~~re~~~dB'l ~d9 .il "'.....•_il~:,.J~I.r';imsYivan'd,.;sSGC,,,lic'not;~otarli!S ADDITIONAL INSTRUCTIONS BY. 1.An inventory must be filed within three months after appointment JtdrTh~so~~ 2.A supplemental inventory must be filed within thirty days of discovery of additional assets. 3.1 Original and 2 Copies and 2 RCRI-34,Under $10,000;1 Original and 2 Oopies and 2 RCRI-33, J Over $10,000,including Copy of Will;1 Original and 3 Copies and 2 RCRI-33,Over $50,000,in- cluding Copy of Will and copy of Federal Estate Tax Return. REFERENCE FOR ADDITIONAL COpy Act of 1947 P.L.513 Sec.5.2,72 P.S.4844.2 3Jttuttttnry tttro 1\pprttilit1tttttt .of the goods and chattels,rights and credits which were of ~~~~.~.~~.~~F.~~.<::~...P.~.~.~.~.~.~.~~late of ~.~~.~~yy.~.~.~.~. Washington County,Pa.,taken and made in conformity with the above affidavit. Western Pennsylvania National Bank (Finleyville Office) Balance Savings Account No.3632 Equitable Gas Company Lease No.18499 dated 12/2/21 Well No.2938 Union Township Washington County,Pennsylvania Equitable Gas Company Lease No.F-75 Well No.44-F Union Township,Washington County,Pennsylvania Equitable Gas Company Lease No.1298-3,dated 3/10/66 (Sb0rage)Union Township,Washington County,Pennsyl- vania One (1)Gun Collection One (1)lot Live Stock One (1)lot Farm Equipment REAL ESTATE All that certain lot or piece of ground situate in the Township of Union,County of Washington,Commonwealth of Pennsylvania containing approximately 117 acres at the corner of Gill Hall and Aber Rds.A.s recorded in the Recorders Office of the above said County in Deed Book Volume 777,page 27. Having erected thereon a two-story brick dwelling known as R.D.No.4 Finleyville:,Pennsylvania DOLLARS 552.05 1,500.00 750.00 270.00 7l5JOO, I 1,885.00 895100 $6,567105======4:== 28,000.00±======±:== CENTS I -------~-----!=-.- r /,//?:, h3-b7-c2S-i Inventory ana Appraisement IN THE ESTATE OF I ~ '/'.,...,,-\...:, I ::-. '".•";"./~t. :I.••'...... -"Warren Lawrence Denniston a/k/a.,'...·W·~···i.'~~~'~~~~..'D~~'~'i"~'t~~'"~;k;a W.Laurence Denniston Filed ........................................•19 . ......".-..l <='::E::::o;;o ::x:!~»fnc: ::r:-U><:::J;;; ;::;0 rn:::r:U>(fj :;:-f rrl --0n1,.-""0~::0 :-...°0..",..'""Cz...q ~:7Xb::E:x, l...J 0 __ ;I Zl~r 0\»(J)'.~ Ralph T.DeStefano,Esquire 2900 Grant Building Pittsburgh,Pa.15219 DI«81-~.:20 -5 ,I --------------------------------------------------- ,--,1,•i •.•.)• IN THE COURT OF COMMON PLEAS,WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DIVISION FIRST AND FINAL ACCOUNT OF WESTERN PENNSYLVANIA NATIONAL BANK AND EDNA DENNISTON,CO~EXECUTORS ESTATE OF WARREN LAWRENCE DENNISTON A/K/A W.LAWRENCE DENNISTON,DECEASED #1-5963-4 SUMMARY SCHEDULE A PRINCIPAL-PERSONALTY March 16,1971 Receipts Page 1 Amount transferred from principal-Realty Disbursements Pages 1-2 Balance SCHEDULE B INCOME-PERSONALTY $6,682.05 8,737.14 $15,419.19 5,529.89 $9,889.30 Receipts Disbursements Page 3 Page 3 SCHEDULE C 1,132.17 977.20 154.97 PRINCIPAL-REALTY Receipts Pages 3-4 Disbursem~nts Pages 4-5 Amount transferred to principal-personalty Balance Net Balance $855.59 8,737.14 32,592.73 9,592.73 23,000.OC $33,044.21 =========-1=== I II I i I ,I'II ;J \. Estate of Warren Lawrence Denniston The Balance consists of the following:- principal Cash $829.51 $6,000 united states of America Treasury Bills due 7/31/71 5,824.79 Equitable Gas Company Lease No.18499 1,500.00 Equitable Gas Company Lease No.F.75 750.00 Equitable Gas Company Lease No.1298-3 270.00 Advance Distributions (See Exhibit No.1, page 6)715.00 $9,889 30 Realty ~ Farm and acreage Gill~Hall Road,Finleyville,Pa.23,000 00 Income Cash 154 97 $33,044 27 F========:-- I -~ Estate of Warren Lawrence Denniston SCHEDULE A PRINCIPAL-PERSONALTY RECEIPTS Inventory as filed:$6,567 .05 Schedule of Short Term Investments 1970 Dec.30 $8,000 United States of America Treasury Bills due 7/31/71 cost @97.0795 $7,766.37 Redemption $1,941.58 Unredeemed balance 5,824.79 7,766.37 -0- Gain on Sale of Assets 1969 May 15 Proceeds,sale one (1)lot of livestock 2,000.00 Inventory value 1,885.00 115 00 $6,682 05 Amount transferred from Principal-Realty 8,737 14 $15,419 19 ==========:---- DISBURSEMENTS Family Exemption 1969 June 17 Edna Denniston,wife -Cash $105.pO July 25 Delivered one (1)lot farm equipment 895.bo S 1.000 00 Amount forward $1,000 00- . I -1- Estate of Warren Lawrence Denniston Amount forward $1,000.OC 24~50 14.00 12.130 75.00 13.bo $ Register of wills -cost of filing Inventory $4.00 and additional cost Grant of Letters $9.00 Register of wills -Probate of will and five (5)short certificates Washington County-Reports advertising letters testamentary Monongahela Publishing Company advertising letters testamentary Joseph Gilmore,Jr. service fee for appraisal of guns,farm equipment and steer Administrative Expenses 1969 Mar.3 Mar.13 Apr.7 Apr.3 1970 Mar.11 1971 Mar.15 Register of wills -Cost of filing the .'.Account 80 00"Ralph T.DeStefano,Esquire Professional services rendered 1,465 00"Western Pennsylvania National Bank CO-Executor's compensation 1,330 00 3,014.00 1969 May 15 June 17 Preferred Claims Washington Hospital -Balance due on account Edna Denniston -reimbursement of funeral expenses 6 17 1,272 22 1,278.39 Taxes 1969 May 8 Register of wills of Washington County Agent for the Commonwealth of Pennsyl- vania -Payment on account of Inheritance Tax Less:5%discount 250.00 12.50 237.50 $5,529 89 =========~== -2- Estate of Warren Lawrence Denniston SCHEDULE B INCOME-PERSONALTY RECEIPTS Royalties Equitable Gas Company -lease interest paid 4/8/69 -3/5/71 Interest $2,000 united States of America Treasury Bills due 7/31/71 $ $ 1,101.00 31 17 1,132 17 __--=6:....:.7....:..+..:9:;..,;3~:$977 20 1:::========:1:== 1970 June 15;\ July 17 Aug.25 Oct.15 1971 Jan.26 DISBURSEMENTS N.Merle Wanderslice,Tax Collector 1970 Union Township Road Tax $ Malcolm L.Morgan,County Treasurer 1970 Washington County Tax N.Merle Wanderslice,Tax Collector 1970 Ringgold School District tax Finleyville Planing Mill paint and roofing material Edna Denniston -income distribution per request Western Pennsylvania National Bank Income compensation SCHEDULE C PRINCIPAL-REALTY RECEIPTS Inventory as filed: Amount forward -3- ========= 43.19 117.p5 358.~2 90.41 300.00 ~28,000 00 S 28,000 00 .. Estate of Warren Lawrence Denniston ./ 653.70 Bank Credit $539.62 108.95 1970 Nov.24 Amount forward Gain on Sale of Assets Proceeds,sale 21,791 acres on Gill Hall Road,Union Township,Washington County, Pennsylvania to the Equitable Gas Co. Less: Western Pennsylvania National (Monongahela Office)Consumer Loan #04-72-03039 Pa.Transfer tax W.P.N.B.-real estate service fee $28,000.00 $10,895.0( 1,302.2" Inventory value 9,592.7 5,000.0(~::4,592 73 DISBURSEMENTS $32,592 73 1========= 1969 Apr.7 II May 15 June 20 June 25 .July 25 Oct.13 Nov.24 Robert P ./V.anvoorhis -service fee for appraisal of house,barn,other buildings and acreage on Gill Hall Road $ Western Pennsylvania National Bank -service fee for inspection of house and acreage 0 Gill Hall Road David Simpson,Tax Collector 1969 Union Township Road Tax Treasurer of Washington County 1969 real estate tax David Simpson,Tax Collector 1969 Ringgold School District Tax Field &Clarke,Inc.-Public liability insurance premium paid 7/18/69 -5/1/70 Pittsburgh Press Company -sale ads Monongahela Publishing Company -sale ads James B.Patterson,Treasurer Annual assessment -old Elizabeth Mutual Fire Insurance Company -Policy #4451 covering home,barn and contents of stable paid 11/6/69 -11/4/70 Southwestern Mutual Fire Association - assessment and notice -fire policy #35267 paid 2/19/70 -2/19/71 Finleyville Planing Mill -material for repair on Denniston Turkey Farm Amount forward -4- 40 OC 50 00 40 25 117 05 3·38 50 48 00 27 09 11 50 80 50 49 00 53.70 S $ 855.59 855.59 Estate of Warren Lawrence Denniston Amount forward $855.59 Farm and acreage -Gill Hall Road, Finleyville,Pa.23,000.00 $23,855 59Amounttransferredtoprincipal- Personalty for distribution 8,737 14 $32,592 73 ==========-- I I I - -5- Estate of Warren Lawrence Denniston• EXHIBIT NO.1 Payments on account of distributive shares Principal-Personalty 1970 Jan.5 Lawrence Hughes,grandson Bequest under paragraph second of the Will Delivered one (1)gun'collection $715 .00 =========F:---- I -6- Estate of Warren Lawrence Denniston COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF ALLEGHENY depose nd Eugene S.Bender,Trust Officer,Wester Pennsyl Bank and Edna Denniston,being duly sworn ac ording t 1 say that Letters Testamentary were granted t Edna De Western pennsylvania National Bank and adver ised t months prior to the filing hereof;that the t shown in the account have been made to the parties en itled there o and tha the account as stated is true and correct as they verily believe. REQUEST FOR DISTRIBUTION WESTERN rtdetermin By------H-rr'--'----1--tt---e--tP---+--11 MARY COLAIZZI r:OT.~RY PUBLIC PITTS8URGH,.~LLEGHENY COUNTY i.l'i COMMISS:ON EXPIRES APRIL 9,19~3 Member.PennsylvaniaAssociation of Notanes Accountants request that distribution Sworn and subscribed before 1971. in accordance with the Petition for Distribu ion to be 0 fered in evidence at the audit of this account. WESTERN PEN SYLVANIA BY·/ Edna Denn ~-........, .. r, ~ ~~ " No.k.3.'--G9-~.r~..................of 19..........,::: 'I'{,.~. .t\.r I-,f• '<..;,;,'~'.\~~~..,, " I.1 ~"> "~ ~ l'J \\r'. ~i 'l ~!~o "I!..'. ·f J ~ ;: t Ig ( i I / :\,Balance ~,~L1[~"""Mtt,nltrJ (Ji#trk fl.n ........, No•..................;,of 19 . ...--. . ." _"",t " :'!. ,~'-., ,.- to afr ·.nti'.~~(l{:~;~\ f?~r:n,":'.~r :";"t.}'.. -.'j ji~'1 .[;':r:~t\~),.';~.,~ ., i.::i .~.if :~~ !~«('!d·11·~:tlceaiVCr! /)"-13,. ~. ~'W :.....~_.,-R__;c<,'"-'~.-_"",.,...,.".•,..",'J!..'U!!~....... "-, , .,,-t(i~~'(_,."r,;~,~ (j ~a~m~t,~·~~tili"y,. .r.:· I, f'~ '\ I I 1 , 1 ,. \' ~lr·-r i ,; 4 \.~~I •\. _.-'},., :\. I -I'l' -v--..•1""--.J ~ ESTATE OF 0) r-'-:::t:::J 'J i-::::: ••••••••••••••uu~c.:;~..~_..€•.,....••••_ .",..~~;7.J _ on ;.?::..I.!J..•~__••••••••==.._ V)C;';:i C :::':::JI f...--....::r:-.-en -0 t"-.0")rn :=:::7 ••••••••:~~••..•~i"•••~;-;•••••••••••••••••••.•_~~~::~~••_.(;")(;'"1 :~....:.-~l 1='"" ;;1);"".Cln-k ol'f),,1Ian,'CO",,,r~, ~~:C~.~:;:t:::;,...~-"- Fee $:;..M:-:::•••:~ 'Filed ::;r '1 d 0 ""G • Ralph T.DeStefano,Esquire 2900 Grant Building Pittsburgh,Pa.15219 For Sale by P.O.Naly Co••Law Blank Publishers425FourthAvenue.Pittsburgh.Pa.15219 This account was transmitted and pr~sented to the Orphans'Court and confirmed nisi at ~~b "'.~~RE~LAWRENCE DENNISTON A/K/Alw.LAWRENCE DENNISTON,DECEA~E;D \I Fiist ~~inalAccount of, ~ J WES:r ERN ....~.E.NN.S.~A.IA .30~~~~....-;;;-;;;:..~f~Olllip"a.tlM. \ .....~-~!'t"f:~I"?, /"l " •.\ '\'--I'7 ""'\."'.,. ., Testate Form.j.f' •.'-':'""l'.jo i_~."l.", PETITION SUR AUDIT .·jN THE ORPHANS'COURl:OF WASHINGTON COUN~q ,~.~)--:!:i--l-rtJ..,..,lI""""""z.~b.t~---_I Estate of..~~.~~~~~mJ?~.~~.~.~~.C?~.__No ~~.~~.__~~.?~.__~..._. Western Pennsylvania National Fiduciary__..Bank ~. ..__-~-~-,......................................;,:-----_. Deceased. ~~~~~~ Decedent's death .!~!?~~~~y ~~.~..}.~~.?._Grant of Letters ~~~~~~:r:X ?~.~~.?~.~__._.. This is the r~*.Rt..~¥..:!_.~9-J account filed in this estate , If there have been former accounts filed in this estate;list file number or number and term . None................................................................................................_---_-__.__-_..------. Election to take Under or ~~k(cross out one) Date Election Place of; Filed ..___Record __ ____. Name ~surviving spouse __~_9r.9.-.-~~!l.~:t-~~.<?!?------- -___ _.._ __._.__. List issue,where material: Did decedent.marry after execution of will?(indicate)Yes.No.Any children born after execution of will?(indicate) Yes.~o.If answer yes,nClme.them_,____.____.___... . ...........................................- - - ---_.-~_.--- -_.-..--..---_. Leg.atees Relationship Interest Fiduciary,if deceased or not sui juris Lawrence Hughes grandson specific Edna Denniston wife specific Western Penna.National Bank &Edna Denniston Co-Trustees Residue List,if exceptions to above:Adeemed:Revoked:Lapsed:Abated:Give Cause: If partial'intestacy,give facts: Notice to interested parties.Have all parties,having either vested or contingent interests and all crediors entitled to notice (Court Rule No.9 paragraph C:Section 6:Subdivision cl received written notice of the filing of the account and of call of audit?Yes.No. If any exception give cause:. File copy of Noti~~August 26,1971 EXHIBIT XI .. and date of mailing . Is estate subject to the filing of a Federal Estate Tax Return?~.'?. \ Actual payment made on Pennsylvania Transfer Inheritance Tax.Amount $}.~.?~.?.~__. If the Will makes any portion of estate subject to a life-estate,give name and birth date of life tenant . Edna Denniston,April 7,1891 Give Names and addresses of all unpaid creditors who are legally entitled to notice,together with the amounts of such claims;state whether they are admitted to be correct;and whether the claim is denied. All known creditors have been paid Give reference to such parts 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: None ...,\ $:?}.'..9.~.'?-::.?:.?. W.P.N.B.add'l inc.comp.25.69 $__J._,.J..~.~.~_4J... $35,850.07.....................___---_. 253.00 from 550.00 117.05 43.19386.48 175.21 3,500.00 $.._~.,_9_~S.~.~1 _ . $ Balance for distribution Balance for distribution per account, Itemize any additional debits not shown by account: Equitable Gas Company -Royalty paid 4/19/71 -9/3/71 Interest ~$6,000 U.S.T Bills due 7/31/71 Correction-sale of property Total additional debits (Add) Itemize any additional credits not shown by account: Edna Denniston -reimburse -monument Quinet Monument Co. 1971 Washington County Tax 1971 Union TwP.Tax1971Ringgold-School Dist.Tax Total additional credits (Subtract) 2,520.00 26,500.00 1,500.00 750.00 270.00 Farm &Acreage Gill Hall Rd.,Finleyville,Pa. (correction of carrying value of parcel sold"- To $1,500.00) If balance for distribution is not in cash,list each item held in kind,giving appraised Value (or distribution Value); Equitable Gas Company Lease No.18499 Lease No.F.75 Lease No.1298-3 -~---,/ If F 'I E 'I',d b P t'" ,I f 'R d'not anplicableamiyxemptloncalmey e Itlon,give pace 0 ecor ~. If Family Exemption is claimed at audit"give name,relationship and basis for Claim:7 7 .. not applicable List any advancement or distribution on account that has been made,and nature and amount of same: '~l \;',' One (1)Gun Collection $715.00 Suggested distribution of balance shown,both as to principal and income,attaching signed and itemized elections to take in kind if barance is not in cosh:residuary shares being stated in proportions: COUNTY OF WASHINGTON,SS: COMMONWEALTH OF PENNSYLVANIA. The above named Fiduciary or representative thereof, being duly doth depose and say that the facts set forth in the foregoing petition are true ,to the best of..,~~~knoWledge and belief,~ ........~~to and subscribed before h'//.,/d f ~>,Z 192{me t IS a~:.a>;.t.....................,. r~~.-~,Signature of Officer t:7 ..__:~..~-::.-:.-:.f.y- Title of Officer .->~.":. Office exPires ~.;Z !...t..!.r;l..U ." And your petitioner will ever pray,etc, WESTERN PENNSYLVANIA NATIONAL BANK IJ '; ,/ " /i ;, "" ~ 1- No..--. Estate of ~. Deceased ", Fiduciary _- i::'1 I 1')" Li".-..~ '7 IDE [i I-}Ali 9 1+4 EUSSELL rAl\f:;;INO REC!STEf'\OF 'YlILLS fJ,~SIn N;;T(j NCO ..PA.:.1_-,,'" f\ 1\ "1\[~ \ !Iif;l'.lL:~--,.~-.-_.__..~._,~._., 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:paragraph b-c;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 Will. 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. Attorney ~2 , " t'··:·YjJI'•..,I', --: -, .------, QInmmnttlUl'altq of 'l'uunylnauia.~nn: lIanqiugtnu QInunty.\ KNOW ALL MEN BY THESE PRESENTS:Whereas,at Washington,in the County aforesaid on the 28th.day of February A.D.1969 ,before me, Russell Marino ,Register for the Probate of Wills and Granting the last Will and Testament of Letters of Administration in and for the County of Washington,in the Commonwealth of Pennsylvania, Denniston W.Lawrence Denniston,l/K/A Warren Lawrence Denniston,A/K/A W.Laurence/ late of R.D.#4 Finleyville in the County aforesaid,deceased, (a true copy whereof is to these presents annexed),was duly admitted to probate;and ~dna Denniston and Western Pennsylvania National Bank the Executor s 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 Edna Denniston and Western Pennsylvania National Bank 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 administration 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 said Office at Washington,this 28th. day of February nine hundred and Sixty Nine in the year of our Lord one thousand ~0 +:l=~ $.t oM ~~.....~:::CDaq II.CD ::j 0 0 N.....\IJ ~t~J-(,[) ~~HaSl=Ul .~\IJe •~~..........~~ •ef-'.S'.-·."'be-, LAST WILL AND TESTA'>1GJT ..-. ~.--.~... I,W.LAWRENCE DEN~HSTON,of Washington County,P-ennsylv.ania,do make, publish and declare this to be my Last l'iUland Testament,hereby revoking all Wills and Codicils'heretofore made by me. FIRST:I direct my Executors to nay my lawful debts and the expenses of my last illness and funeraL SECOND:I bequeath my entire gun collection to my grandson, LAWRENCE HUGHES,if he survives me. / THIRD:I bequeath all my j eHelry,automobiles,clothing and other purely personal effects,as \vcll as all household goods,furnishings and furniture which I may own,including arlY policies of insurance thereon, to my ,dfe,EDNA DENNISTON,if she surviyesme.In the event my wife fails to survive me,I bequeath the aforedcscribed property to the then living children of my deceased daughter,:'!ARIAl~D.HUGHES,to be distributed in accordance with a memorandum \vhich will be found wi til my Will or among my personal papers. In the event no such memorandum is'found or should it be ineffective for any reason,I bequeath such aforedescribed property to the then living children of my deceased daughter,'lARIA;\D.HUGHES,to be dis": tributed among them as they shall agree among ther;jsel ves,or should they fail to agree,as my Executors,in their sole discretion,shall deem advis- able,making such distributiort wnong them in shares of anuroximately the same~ value. In the event any sucllaforedescrihed grandchild should then be a minor the person having custody of 'such gTandchild may assist in selecting such minor's share,and I authorize my Executors to deliver such minor's share of said property,without bond,to the persons having custody of him or her,and the responsibility of such nerson shall be a complete discharge of my Executors with regard to such minor's shaTe of said property. 1Io-.....IIIIiII_........~IaWr·-.:.. FOURTH:If my wife survives me,I bequeath and devis e to my wife and WESTER1~PENNSYLVA.\;IA NATIONAL <&ANK,in the capacity o£Trustees an aillountequal to'one-half 0/2)of'the value of my adjusted gross estate as finally detenninedfor federal estate tax purposes less the value for such purposesof!lll interests in property and proceeds 0.£insurance on my life which pass or have passed to my wife under the provisions of this Will or otherwise,but only to the extent that such interests in property and proceeds of insurance are included in my.gross estate for federal estate taX purposes and qualify for the marital deduction.In making the ~omputatiohnecessaryto determine such amount,the final determination in the federal estate tax proceedings will control,however,assets dis- tributed in kind in satisfaction of this bequest and devise shall be distributed at their fair market values as of the date or dates of distri- bution.Tnis portion of my estate,undiminished and unaffected by any death taxes,shall be held as Fund 11A'1. , :j ,I 1" ii 1I.1IIi " FIFTH:All the rest,residue and remainder of my estate remain- ing after the payment of taxes.as hereinafter ~rovided,I bequeath and devise to my aforenamed Trustees to be held as Fund "BlI as hereinafter provided. SIXTH:My Trustees shall hold Fund IIA"and Fund liB!!in accordance with the following provisions: A-I.During the lifetime of my wife,my Trustees shall pay all of the net income from Fund lIAlI to her or for her benefit in quarter-annual or other installments convenient to her,but at least annually.In addition, my Trustees shall pay to my wife such sums from principal as she may from time to time request in writing,even to the exhaustion of the trust.Further,if my wife is for any reason unable to exercise such power of withdra\'lal,my Corporate Trustee is authorized in its discretion to disburse to her or for her benefit such sums from principal as it deems advisable for her health, maintenance and support or for any other purpose said Trustee believes to be in her best interest. -2-Il......;.~....;,._.:...::~~., ..U$CI4III(•A.· 2.Upon the death of my wife ,any remaining .principal of Fund 'W!shall be transferred and d~1iveredto or for the benefit of such one or more persons,corporations or other organizations,including her own estate and creditors,in such amounts and subject to such trusts, terms and conditions as my wife may appoint by specific reference in her \~ill t<?this general power of appointment.To the extent that my wife does not effectively exercisetllis pO\'1e.r of appointment by her Will,the remain- ing.principal'shall be added to .and co-mingled with,Fund liB"to be held or distributed in accordance with the then applicable provisions of Fund tIBII • 3.During the lifetime of my wife a"'1d while in the hands of my Trustee,neither the principal nor the income of Fund t'A"shall be liable for the debts of my wife,nor shall the same be subject to seizure or attachment by any creditor of my wife under any writ or proceeding at law or inequity. B-1.During the Iifetime of my wife,my Trustees shall pay all of the net income from Fund "B!!to my wife or for her benerit in quarter-annual or other installments convenient to her.In addition,my Trustees shall be authorized to distribute to or for the benefit of my wife, so much of the principal of Fund "B"as my Corporate Trustee,in its sole discretion,shall deem advisable for her health,maintenance and support provided,however,no principal shall be expended from Fund liB"to or for the benefit of my wife until the principal of Fund "Ail has been exhausted. Further my Trustees is authorized to distribute to or for the benefit of my grandchildren,so much of the principal of Fund "B"as my Trustees s.hall dee.m advisable for their health,maintenance,support and complete education,inc.luding college,post-graduate or professional training,with no duty to equalize such disbursements. 2.Upon the death.of my wife during the period of this trust for her benefit,or upon my death if my \dfe fails to survive me, my Corporate Trustee (hereinafter referred to as my Trustee)shall hold the principal of Fund "B"in accordance \'lith the follOldng provisions. -3- a.One-fourth Cl/4)th<;reof shall be held in separate trust for my SOIl,NILLIA\!DEN~ISTO:-i,andmy .Trustee shall pay the _WitS >.r.''::awe WP 4'4 0 ~.J,"'<'.'• net income therefrom to him or for his beneH t in quarter-annual installments ; such payments to continue until that certain trust created for lily grandchildren under Paragraph b.bela\'!is divided into separate shares for such grandchildren as provided in Paragraph b ..(2),at which tilile the then remaining principal of this separate trust shall be distributed to my son.In addition,during the contiI).uance of this trust,my Trustee shall be authorized·to distribute to or for the benefit of my son,so much of the principal thereof as my I Trustee shall deem advisable for his health,maintenance and support.Upon the death of my son during the continuance or this trust for his benefit,or at the death of the survivor of my wife and me in the event he is not then living,the principal of this separate trust,as it is then constituted,shall be added to the trust created for my grandchildren under the provisions of Paragraph b.belm'!to be held and/or distributed as provided therein. b.The remaining three-fourth (3/4)of the principal of Fund 118 11 or the entire principal in the event my son is not then living, shall be held in trust for the children of my deceaSed daughter,HARlAN D.HUGHES, in accordance \d th the follml'ing provisions,and the term flgrandchi ld" or I1grandchildren"as used in this trust shall be limited specifically and exclusively to the children of my deceased daughter,:'.IARIA\!D.HUGHES. (1)For so long as any Iiving grandchild of mine shall be under the age of twenty-one (21)years,my Trustee shall hold the principal of this Trust as one fund and shall pay all or so much of the net income therefrom to or for the benefi t of my then living grandchildren in such amounts and proportions and at such times as my Trustee,in its sale discretion,shall deem advisable,and any income not so distributed shall be accumulated.In addition,my Trus tee s!1all be authorized to pay to or for the benefit of my grandchildren such sums from principal as it deems advisable for their health,maintenance,support and complete education, including college,post-graduate or professional training.My Trustee shall be under no duty to equalize disbursements of income or principal hereunder. -4- 444 (2)As soon after the death of the survivor of my wire and-me as no living grandchild of mine shall be under the age t\'1enty-one (21)years ,the principal of this Trust shall be divided into as many equal shares as there are grandchildren of mine then Iiving and grand- children of mine then deceased but survived by then IiviIlg issue. (a)Each share created for the issue of a deceased grandchild shall be transferred and delivered to such issue,per stirpes, subject to the provisions of Paragraph ;\I~TH if any beneficiary be a minor. ,(b)Each share created for a living grandchild shall be held in a separa~e trust,and my Trustee shall pay the net income th"ere- from to or for the benefit of such grandchild in installments convenient to him or her,together with so much of the principal as my Trustee,in its sale discretion,shall deem advisable for his or her,health,maintenance,support and complete education including college,post~graduate or professional training;such payments to continue for and during his or her lifetime provided,however,that following the division of Fund "B"into separate shares,said child shall have the right to withdraw sums from principal in accordance with the following schedule: (i)At any time after attaining the age of twenty-five (25)years and prior to attaining the age of thirty (30)years,such sums as shall not exceed one-third (1/3)of the market value of said principal as constituted on his or her twenty-fifth (25th)birthday or on the later division into shares; (ii)At any time after attaining the age.of thirty (30) years and prior to attaining the age of thirty-five (35)years,such sums as when added to any previous withdr.u.;als,shall not exceed two-thirds .(2/3) of such market value; (iii)At any time after attaining the age of thirty-five (35)years,any or all remaining principal. (c)In the event the principal of any separate trust should be less than TEN THOUSA.i\lO ($10,000.00)OOLLARS,my Trustee shall have the right to terminate such trust and distribute the remaining prin- dpal to the beneficiary entitled thereto,provided,hmlever,that such beneficiary has then attained the age of twenty~five (25)years. (d)If any grandchild shoul-d die before the complete I~"" I I ] 11 "enn~na1:'l.on U:i:H.L:)U{"l1I:r separate trust,the 'rema1.nln~{pr.1nCTpal thereof shall be distributed to such grandchild's surviving issue,per stirpes, subject to the minority provisions of Paragraph NINTH or in 'default of issue then surviving,such deceased grandchild,the same shall be distributed to my other then living grandchiidren in equal shares,provided,hO\<iever;any share thus accruing to any grandc.hildfo'r whom a separate trust is still in existence,shall be added to such seo:lrate trust to be held as though an original part thereof. ee)In the event ~~y separate trust created for a grandchild of mine is still in existence upon the twenty-first (21st) anniversary of the date of the death of the last to die among myself,my wife,EDNA DENNISTON,and all of my issue \."ho ,."ere in being at the time of my death such trust shall thereupon terminate and ~y Trustee shall distribute the principal to the income beneficiary thereof. c.While in the hands of my Trustees,neither the prin- cipal nor the income of Fund "B"shall be liable for the debts of any beneficiary nor shall the same be subject to seizure or attachment by any creditor of any beneficiary under any \Hit or proceeding at law or in equity,and no beneficiary shall have any pol'ier to sell,assign,encumber or in any manner to anticipate or dispose of his or her interest in Fund liB" or in the income produced thereby. D.Upon the death of any income beneficiary of Fund "B", any accrued or tindistributed income shall be held and accounted for,or distributed,in the same manner as if it had been received and accrued after the beneficiary's death. E.My Corporate Trustee shall be entitled to receive annual compensation for its services hereunder in accordance with its schedule of compensation currently in effect ,,,,hen the services are performed. SEVENTtl:~Iy fiduciaries,whether in the nature of Executor,Trustee or Guardian of property passing to a minor,shall have thefollo,dng pO\oJer,s in addi'tion to those vested in them,by law,exercisable without court approval: -6- 'I I i'-,~. I II!I~ -.,.J.., securities or other property,real or personal,specifically including any I may own at my death. C.To sell at public or private sale,to exchange or to common trust fund,without being limited by any statute relating to invest- ments by fiduciaries. B.To invest and reinves t in stocks,bonds,mortgages, A.To retain any-or all of the assets of my es tate or any trust created hereunder,without anY duty of diversification,sped fically inCluding any stock in or Obligations of :'lESTER.'l PENNSYLVAt'lIA NATIO~AL BANK f------0 . I..'..L:"i: lease for any period of time,any real or personal property,and to give options for such sales,exchanges or leases,for such prices and upon such terms or conditions as my fiduciaries deem advisable. Notwithstanding the forgoing provisions,it is my desire,although not my direction,that my fiduciaries retain so much I!t-Il! !ItI {III !.. of my real estate as shall be necessary to provide at least a TWO HUNDRED (200)foot property line in all directions from all buildings on said land at the time of my death,together with water rights in connection therewith and a FIFTY (SO)foot right of way for egress and ingress,for and until the death of my wife or such time as my youngest then living grandchild attains the age of twenty-one (21)years,whichever event shall last occur, after which tiine such property shall be allocated to the share of whichever grandchild for whom a trust was created is most desirous of acquiring said property.In 'the event more than one .said grandchild desires said property it shall be allocated to the share of the highest bidder among them and such real estate shall be valued at that amount.In the event such allocation results in unequal'trusts being created for each of my grandchildren,the grandchild receiving said property shall contribute to the trusts created for my other grandchildren such an amount in cash as shall equalize all trusts. ~Iy fiduciaries shall be ,...ithout liability as a result of such retention. -7'- E.To register investments in the name of my Trustee or D.To distribute my.estate or any trust property to the beneficiary entitled thereto in cash or in kind,or partly in each,SUdl allocation of assets to be in the s'ole discretion of my fidUciaries. in the name of a nominee,provided that the records of said Trustee indicate clearly the trust to which such investments belong. F.To borrow money for purposes of my estate or any trust hereunder either from the banking department of my Corporate Trustee or from others,or from any separate trust hereunder,and to 'mortgage or pledge any part of my estate or any trust property as collateral therefor. G.To vote by person or proxy any investments owned by my estate or any trust,and to exercise or seHany rights of subscription or other rights in respect thereof;and to participate in any liquidation, reorganization or merger of any corooration whose investments are so held. H.To compromise any claim or controversy affecting my estate or any trust hereunder~ 1.To retain in kind any business or business interes t owned by me at my death,whether in the nature of a proprietorship,partner- ship or corporation,and tp continue to operate such business during the administration of my estate or any trust thereafter for so long as my fidu- ciaries deem advisable,without any liability for loss or depreciation which may arise by reason of such retention.~;ty fiduciaries may participate in the conduct of any business with respect to its management and affairs in the same manner as an individual could do as owner or stockholder of such business, including but not limited to (1)the voting of stock and the determination of all questions of policy;(2)the participation in any incorporation, reorganization,merger,consolidation,recapitalization,liquidation,sale or dissolution of such business;(3)the investment of additional capital in, subscription to or purchase of additional stock or securities of,or the making of secured,unsecured or suborqinated loans to such business,pledging the assets of my estate or any trust as collateral therefor;(4)the electioIl, -8- employment or retention of directors J officers ,emplOyees or ag~nts of such business,.and the compensation of such persons for services perforiled.In ·addition to,the normal compensation of my fiduciaries·for services performed in the administration of my estate and any trust hereunder,my fiduciaries shall be entitled to additional.compensation for services performed in the management and operation of any business or business interest. J.As between my Trustees,my Corporate Trustee shall perform all ministerial and administrative duties,including the keeping of books and records and acting as custodian of the trust property. EIGHTH:I direct that all Federal,State and other death taxes payable because of my death,\vith respect to the property forming my gross estate for tax purposes,whether or not passing under this Will,including any interest or penalty imposed in connection ''lith such tax,be paid out of the assets of my residuary estate without requiring any apportionment,reimburse- ment or contribution by any beneficiary under this Will or any Codicil thereto. In the absolute discretion of.my Executor,death taxes may be paid immediately, or the payment of taxes on future or remainder interests may be postponed until the time possession 'thereof accrues to the beneficiary,in which event such taxes shall be paid out of the principal of the trust subject thereto. NINTH:I appoint WESTER1'~PENNSYLVANIA NATIONAL BA!\lK,Guardian .of any property,other than tangible personal property,.which passes to a minor,either under this Will or otherwise and with respect to \"hich I aTIl authorized to appoint a guardian and have not otherdise specifically done so.Until the minor reaches majority J the Guardian may,in its discretion, acctnnulate the l"hole or any part of the income from such minor'sproperty , or may distribute or apply the whole or any part of the income and prin- cipal from such minor's property to or for the support,welfare and education of such minor either by making payment directly to the minor or to his or her parent,guardian or other legal representative,without liability on the part of WESTER1\l PENNSYLVAl'JIA NATIONAL BANK to see to :the application of such payments. -9-•...D . .. .~~,,!..---~,~.~..~_•.,:,~~--"':""'~1-";'-".~"~;, :..-. ~, NotNithstanding any of the forgoing provisions ,in.the event any person,other than my loJife,entitled to share in a distribution Wider the terms of this Will or for whom a trust is created hereunder becomes an adverse party in'anypr?ceeding to contest the probate of said Will or any provisions contained herein,such person shall forfeit his or her entire interest in any distribution or trust hereunder and all provisions in this Will in favor of such person shall be void and have the same effect as though he or she had predeceased me. TENTH:I name and appoint my l'life,EDNA DENNISTON,and WESTERN PENNSYLVANIA NATIONAL BA1'l'K,Pittsburgh,Pennsylvania,as Executors of and Trustees under this,my \'Ii11.Should my \-i'ife at any time be umvilling or Wlable to act as Co-Executor orCa-Trustee hereunder,WESTER.L~PENNSYLVAi'l'IA NATIONAL BANK shall serve alone.My fiduciaries shall not be required to furnish any bond or other security in any jurisdiction in \vhich they shall serve. IN WITNESS WBEREOF,I have hereunto set my hand and seal this --- ,19 bS'< I'1 SIGNED,SEALED,PUBLISHED and DECLARED by the above named Testator, Address as wi tnesses . of us,who at his request,in his presence and in the presence of eadl other w.LAWRENCE DENNISTON,as and for his Last Will and Testament,in the presence j \ I 1i .\ I! 1:,j 1 I \ 1I WaShington Conly 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 WASHINGTON1 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,published 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 COl'NTY 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: ..._Ma.:r.ch..20.,.27·T ···196.9 . .............Ap.;d.1...3...,19.69.. that the affiant or the corporation in behalf of which he is acting is not interested in the subject matter of said notice or advertising and that all of the allegations of,hi.'ffid,,;,~m,'2""d W'ofc?~lk";oo '"te". Vriu ~:/~~LL.._____I Editor Sworn to an subscribed before me this .'/. Esta.tlces The .ister 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 t:hem for settlement to the Executors or Admin- istrators or their Attorneys. •• • ••• ••• • • • • • • • • DENNISTON,W.LAWRENCE,a/k/aWARRENLAWRENCEDENNIS-TON,a/k/a W.LAURENCE DEN-NISTON,Dec'd. Late of Finleyville,Washington Coun-ty,Penna..'Executors:Edna Denniston,WesternPennsy-!vania National Bank,P.O.Box 3390,Pittsburgh,Pa.15230Attorney:Ralph T.DeStefano,2900GrantBldg.,Pittsburgh,Pa.15219 In compliance with the Newspaper Advertising Act of May 16,1929 P.L.1784,Sec.3. paragraphs (3)and (25l. County of Washington }ss: State of Pennsylvania personalf);appear:ed before me,a Notary Public in and for said county and state,~_~_~__~~_~~J:l~~~__,who,being duly sworn,deposes and says:thaL ~!l.~is the bQ_Qkk_~_~.P~;r----------------of The Monongahela Publishing Co.,a Pennsylvania corpora- tion,and its agent in this behalf:that the said company is the publisher of The Daily Republican,published daily except Saturday and Sunday,having its place of business at Monongahela,Washington County,Pennsylvania;that the said Daily Republican was established in the year of 1846;that the printed notice 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: THE DAI_REPUBLICAN MONONGAHELA,PA. PROOF OF PUBLICATION • l1argh 14~21~8,L1969_----------------------------------------------------------------------------------------------------------------- ~S~~l~NQT.IQE__O_f.H LAWRENCE DENN~STON a,Lk/a.L-W_ARREN_LAWRENCE DENNISTON 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 the time,place mid character of the publication are true.}tY41I.--4---;Z~--~~~~----------------------------------------------- J)~~~::----e t~is 19i---.~~:~;~~~~~:~::INNG~~~~~,b~~ C ~_m~_m_)m ___uhlir My 'Commission expjre~july 29,1972 Inventory ana Appraisement IN THE ESTATE OF Warren Lawrence Denniston a/k/a····w·~···"i·~~·~·~~~~···D~;~·i·~·t;~···~;k;a W.Laurence Denniston Filed 19 . Ralph T.DeStefano,Esquire 2900 Grant Building Pittsburgh,Pa.15219 ......-5 I )•• IN THE ORPHANS I COURT OF WASHINGTON COUNTY I PENNSYLVANIA In the Matter of the Estate of WARREN LAWRENCE DENNISTON, Deceased .. : : : RECEIPT FOR ADVANCEMENT To the Honorable,The Judges of Said Court: I,EDNA DENNISTON,being beneficially interested in the above titled estate,hereby acknowledge to have received from 'WESTERN PENNSYLVANIA NATIONAL BANK,Corporate Executor of the Estate of WARREN LAWRENCE DENNISTON,deceased,the following: One Lot Farm Equipment,having an appraised value of $895.00 Cash in the amount of 105.00 $1,000.00 said assets passing to me as payment in full of the Family Exemption to which I am entitled,and request your Honorable Court to charge the same to me in the Decree of Distribution to be entered in said estate. ,1969.DATED this Witness: h(2 r$..day Of~ ~//~(SEAL) Edna Denniston •,. •! IN THE ORPHANS I COURT OF WASHINGTON COUNTY,PENNSYLVANIA In the Matter of the Estate of WARREN LAWRENCE DENNIS~ON, Deceased RECEIPT FOR ADVANCEMENT To the Honorable,The Judges of Said Court: I,CHARLES H.HUGHES,Parent and Natural Guardian of LAWRENCE HUGHES,beneficiary of the above titled estate,hereby acknowledge to have received from western Pennsylvania National Bank,Co-Executor of the Estate of WARREN LAWRENCE DENNISTON,deceased,the following: One Gun Collection,per Paragraph SECOND _of_.the_Will,_appraised ~,.a:t.t!e.,I._.'I-",',~,,_•.~,:".~'""..$71.2._00 __:.. and request your Honorable Court'to charge the same to me in the Decree of Distribution to be entered in said estate. In consideration of this advancement being made prior to the filing and audit of a final Account,I hereby agree to refund on demand all or any part of this advancement,or the value thereof, which may be determined to have been improperly made • .A-~DATED this .~~~_ WITNESS: day of _?zty_...!.-..;;....;~;;;..,~.'1969. .--L..::::~~~~~~~~:1i...:__(SEAL) Charles H.Hugh s,rent and Natural Guardian·of Lawrence Hughes,minor •'". August 26,1971 Mrs.Edna DeDDiston R.D.41;4 Box 23 Finleyville,PellDsylvania 15332 Re:Estate of Warren Lawrence Denniston 1-5963-4 Dear Mrs.Denniston: The audit of tbe First ana.Final Accounting of the estate of Warren Lawrence Denniston wll1 'be held Thursday,September 16,1971 at 10 a.m.1nthe WclSh1ngton County Court House in Was'b1ngton,Pennsylvania. Sincerely, Eugene S.Bender Trust Officer ESB/em EXHIBIT II • (ltu~,ql O~'-~.,~J~." L:3 " f ~~n 1'1.Ii ...; '1 GO.,F -j :-.F ~i/1~_!.~S •I.t":!""t, I·,....-~-.,.;t RL:r:-:f~:!!f:~''!',.,\1:':(J RL.'Ir:,-i V/':,~;:~1>~~-: "II "~f"~_:';'L'~':',;) i i ... .<:':'c'· THE ESTATE OF: IN THE MATTER OF: "-. Warren Lawrence Denniston, deceased PETITION FOR DIS T RIB UTI 0 N IN THE COUR.T.OF COMMON PLEAS ,WASHINGTON COUNTY '.PENNSYCVANI WiLLL ,BOOK ).p7 )\(~/I)~ ./ ,:',~ -,:"1'''[".,..-:';'';1''':7:;;''",~=-,,~...,~-_ !i..!~, .,a/i" ;;:1 WE.STERN PENNSYLVANIA NATIONAL BANK',Executor -'.k"~~~''-'._,~~,'::q~':~'-.,J".,\\.':'-','i r I IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS I COURT DIVISION . . NO.63-69-254 FIRST AND PARTIAL ACCOUNT EQUIBANK N.A.(FORMERLY WESTERN PENNSYLVANIA NATIONAL BANK) AND EDNA DENNISTON,NOW DECEASED,CO-TRUSTEES UNDER WILL OF W.LAWRENCE DENNISTON,DECEASED Account No.32-6865-00-3 July 15,1977 I S UMMARY ISCHEDULEA I II PRINCIPAL -PERSONALTY I Receipts pages 1-2 ~139,522 61 Disbursements pages 3-4 23,270 91 II I 1$116,251./70 IIIII I I/ II 2.476 '125 III II I IiIIII I I II, I I I I! 'I I II I III-0-,I II !::~~~:~~~5 '~=~'!I I II I II II $116 ,251 .170 II, I I IIIII,.I 2,476.b5 II i$118,727.95 I Il============riIj I II II Balance SCHEDULE B I INCOME -PERSONALTY Receipts pages 4-5 I~10,827.65 Disbursements pages 5-7 8,351.40 Balance SCHEDULE C II I IPRINCIPAL-REALTY 1IReceiptspages7-8 147,480.100 Disbursements pages 8-9 147,480.00 Balance Net Balance The Balance consists of the following:I Principal cash :>47,788.78 8,373 units Equibank N.A.Collective I Income Fund "A"68,462.92 1 IIIncome Cash I I I,I'I, III'I i II I , II I Ii I I.. I I I II I I,I ( \" • II I I Estate of w.Lawrence Denniston SCHEDULE A PRINCIPAL -PERSONALTY RECEIPTS western Pennsylvania National Bank (now Equibank N.A.)and Edna Denniston, Co-Executors of the Estate of w.Lawrence Denniston,deceased Amount awarded per Decree No.63-69-254 dated December 13,1971 cash $4,017.78 Equitable Gas Company: lease No.18499 $1,500.00 lease No.F.75 750.00 .78 1leaseNo.12983 270.00 2 520.00 6,537 I I Add to Principal I1976 Aug.13 Taxes paid by purchaser at settlement II of sale $'184 651 I II Sept.9 Firemens Insurance Company,return I .6~premium cancel liability policy 16 00 200 I Assets Purchased I1972 IApr.11 291 units western Pa.National Bank ICollectiveIncomeFundIIAII II I @ 10.2751 $2,990.05 I 1977 IJan.18 13,452 units Equibank N.A. Collective Income Fund IIA II II I @ 8.1766 109,992.02 II--------------------- Schedule of Short Term Investments I i--1972 . Feb.25 $3,000.00 C.M.I.Master Note $3,000.00 Redemption 4/13/72 3.000.00 -0- 1976 Apr.29 $6,000.00 Money Market Mgmt.Note $6,000.00 Redemption 5/14/76 $1,000.00 Redemption 6/1/76 1,000.00 Redemption 6/28/76 1,000.00 Redemption 7/30/76 1,000.00 I...Redemption 8/20/76 -.2~000.00 6,000.00 .-0-. Amount Forward -1$6,738 .43 I I-1- Estate of W.Lawrence Denniston Amount Forward $6,73e.4 -0- -0- -0- III II 18.651 I 4.69 1 125 obo 00' $125,000 00 I $122,000 001 122,000~00 $40.000J: 40,000 1.22- I I $ II ___.=..2..::.t.ll::.;0:....+!-__-=2:....:5:..=..+~....:.,4_11 $6,763.87 I 1132.758.174 $139,522·tl L =========F==I I $306.35 287.70 $302.67 297.98 $207.60 205.50 $1,000.00 110,000.00 2,000.00 9,000.00 $2,000.00 ..l,OOO.OO 122>,000.00 Term $125,000.00 Sears Master Note Redemption 8/26/76 Redemption 10/26/76 Redemption 12/28/76 $122,000.00 Trust for Short United States Government Securities Master Note Redemption 12/30/76 Redemption 1/24/77 Redemption 3/1/77 Redemption 7/15/77 $40,000.00 Sears Master Note Redemption 7/15/77 Gain 2£Conversion of Assets Proceeds,sale 28 units western Pa.National Bank Collective Income Fund "A" @ 10.9409 Investment Value 4/11/72 proceeds,sale 20 units Western Pa.National Bank Collective Income Fund "A" @ 10.3802 Investment value 4/11/72 Proceeds,sale 29 units western Pa.National Bank Collective Income Fund "A" @ 10.4368 Investment Value 4/11/72 Amount transferred from principal Realty Total Receipts Aug.16 1977 Apr.19 Dec.29 1972 Dec.13 Apr.13 1973 Mar.12 -2- I II " Estate of W.Lawrence Denniston "..i' DISBURSEMENTS Administration Expenses 1972 Feb.8 Internal Revenue Service,1971 fiduciary income tax $315.35 1973 Mar.20 Register of Wills,Agent for the Commonwealth of Pennsylvania,payment on account of inheritance tax 60.97 1974 Feb.12 Register of Wills,Agent for the Commonwealth of pennsylvania,payment on account of ~nheritance tax 23.04 1977 July 15 Register of Wills,cost of filing this account 183.00 I Thorp,Reed and Armstrong,Attorneys-at-Law}I professional services from 12/13/71 to I 7/15/77,including attendance at audit of First and Partial Account 600.'00 IEquibankN.A.(formerly western pennsylvania National Bank),trustee's compensation taken 3/14/73 to 7/15/77 1,761.59 2,943.S5 I principal Distributions 1976 Sept.2 Old Elizabeth Mutual Fire Insurance Company, premium $64.31 I Edna H.Denniston,remittances 6/9/72 Ito2/28/77 17,742.34 17,806.p5 I IILossQ£Conversion of Assets I II1972IJune8proceeds,sale 100 units I I \1westernPa.National Bank I I Collective Income Fund"A"" @ 10.0089 $1,000.89 Investment Value 4/11/72 1,027.51 $26.62 Amounts Forward $26 62 $20,750.60 -3- "! I.. II I I I I I Estate of W.Lawrence Denniston •.~ Amounts Forward $26.62 $20,750.~O 1973 Aug.8 Proceeds,sale 21 units western Pa.National Bank Collective Income Fund IIA" @ 9.9916 $209.82 Investment Value 4/11/72 215.78 5.96 sept.13 proceeds,sale 93 units western Pa.National Bank Collective Income Fund IIA" @ 9.7738 $908.96:Investment Value 4/11/72 955.58 46.62 1977 Apr.15 proceeds,sale 5,079 units IEquibankN.A.Collective Income Fund IIA II @ 7.87610 $40,002.71 I Investment Value 1/18/77 41,529.10 1 526.39 1 605.59 I $22,356.~9 Amount transferred to Income Personalty I 914.02 Total Disbursements I I 23,270.~l!1=========== SCHEDULE B I I INCOME -PERSONALTY RECEIPTS western Pennsylvania National Bank I{now Equibank N.A.}and Edna Denniston, Co-EXecutors of the Estate of I W.Lawrence Denniston,deceased II Amount awarded per Decree No.63-69-254 dated December 13,1971 Icash $557.49 I Final Distribution 9.84 $567.S3 Equitable Gas Company,lease interest paid 10/21/71 to 7/19/76 1$2.44l.bo Amount Forward 3,008•S3 . -4- .-.. ,.- I I II ,I Estate of W.Lawrence Denniston Amount Forward $3,008.~3 Interest-corporate Notes C.M.I.received 3/3/72 to 5/3/72 $16.96 Money Market Mgmt.Note received 5/4/76 to 9/3/76 54.24 Sears received 9/3/76 to 7/5/77 2,990.98 Trust for Short Term United States Government Securities Master Note received 1/17/77 to 7/5/77 583.23 3,645.~1 Conunon Fund Distributions- Western Pennsylvania National Bank Collective Income Fund IIA II 31.169291unitsreceived5/1/72 to 6/1/72 $ 191 units received 7/1/72 to 12/1/72 62.185 163 units received 1/1/73 to 3/1/73 26.1 98 134 units received 4/1/73 4.192 114 units received 5/1/73 to 8/1/73 ' I I 27.11 I93unitsreceived9/1/73 8.041 113,452 units received 4/1/77 1,892.31 8,373 units received 7/1/77 1.205.29 3.259.9 1$9,912.133 I1 Amount transferred from principal Personalty 914."2 Total Receipts $10,827.55 ---------===-------- DISBURSEMENTS II I IAdministrationExpenses 1972 IApr.21 Commonwealth of Pennsylvania,1971 state 1 fiduciary income tax $1.~O Equibank N.A.(formerly Western Pennsylvania National Bank),trustee's compensation taken 1/24/72 to 2/23/77 1,771.43 $1.773.b3 Amoun t Forward $1,773.b3 -5-1, .....•o. II Estate of w.Lawrence Denniston I Amount Forward $1,773.03 Income Distributions 1971 sept.29 Vickers Brothers Garage,gasoline for farm use $61 60 Dec.17 Tony Dearmont,painting barn roof '135 00 Vickers Brothers,per garage statement 10/71 27 081 Finleyville Planing Mill,per statement dated 10/6/71 50 25 Edna Denniston,remittances 12/22/71 to 2/4/77 4'7::l::IvanVoorhisAgency,premium policy No.36517660 paid 7/2/73 to 6/30/75 I I1973 IAug.14 Orkin Exterminating,termite work 40 .1E I IITaxCollector,Ringgold School District,I 1973 through 1975 school tax paid 9/18/73 to 9/11/75 892 61 I JamesB.patterson,Treasurer,annual assessment Old Elizabeth Mutual Fire IpOlicyNo.4451 paid 11/12/73 to 12/5/75 109 02 IIS.W.Mutual Fire Association,premium IpaymentpolicyNo.37782 paid 2/21/74 to 4/6/76 84 00 Ii1975I Mar.12 pittsburgh Press Company,sale ads 43 50 031AmountsForward$6,220 4E $1,773 I I I -6- i I..I. I I I I I Estate of w.Lawrence Denniston Amounts Forward $ I 6,220 48 $1,773.03 Aug.22 Aug.22 1976 July 15 Treasurer of Washington county,1975 and 1976 personal property tax paid 3/21/75 to 7/15/76 Observer Reporter,sale ads Daily News,sale ads Tax Collector,Union Township,1976 township tax Total Disbursements SCHEDULE C PRINCIPAL -REALTY RECEIPTS western Pennsylvania National Bank (now Equibank N.A.)and Edna Denniston, Co-Executors of the Estate of w.Lawrence Denniston,deceased Amount awarded per Decree No.63-69-254 dated December 13,1971 Real Estate situate R.D.No.4,Finleyville, Pennsylvania Amount Forward -7- 257 33 18 24 25 20 57 12 6.578.37 $8,351.40 1:===========: I ·$26.500.100. $26,500.001 II Estate of W.-Lawrence Denniston Amount Forward $26,500 00 $26,500.00 2,520.00 1976 Aug.13 Gain on Conversion of Assets Proceeds,sale real estate situate R.D.No.4,Finleyville,pennsylvania and Equitable Gas Company leases: No.18499 No.F75 No.12983 to Thomas S.Alvord Decree Value -real estate Leases Total Receipts DISBURSEMENTS $150,000.OC 29,020.0C 120,980 00 $147,480 00 =========1=== 1972 Mar.21 May 8 Aug.17 Sept.6 James B.patterson,Treasurer,annual assessment Old Elizabeth Mutual Fire policy No.4451 paid 2/8/72 to 12/5/75 Treasurer of Washington County,1972 county tax Tax Collector,Union Township,1972 township tax Tax Collector,Ringgold School District, 1972 tax Ronald Belback,house painting $133.4 109.8~ 47.0 387.5< 586.0( $84.00 20.16 1973 Apr.5 Apr.5 Apr.13 S.W.Mutual Fire Association,premium policy No.37782 paid 2/22/73 to 3/3/75 LESS:refund received 8/30/76 Tax Collector,Union Township,1973 township tax Treasurer of Washington County,1973 county tax Field and C]a rke,premium policy No.KSLG262A752A payment 63.8' 47.9" 109.8" 54.0( Aug.14 orkin Exterminating Company,Inc.,termite work 209.8 Sept.18 Tax Collector,Ringgold School District, 1973 tax Amount Forward -8- $ 184.5~ 1,933.9' Estaie of w.Lawrence Denniston 1974 Mar.28 Mar.28 JUne 27 Sept.19 1975 May 1 May 27 Amount Forward Treasurer of Washington County,1974 county tax Tax Collector,Union Township,1974 township tax Van Voorhis Agency,premium policy No.36517660 Tax Collector,Ringgold School District, 1974 tax orkin Exterminating Company,Inc.,renewal termite certificate Pittsburgh press,sale ads paid 5/12/75 to 10/27/75 Tax Collector,Union Township,1975 township tax $1,933.9 115.97 47.01 20.00 48.68 32 00 97.94 47.02 sept.11 Tax collector,Ringgold School District, 1975 tax 1976 June 9 Firemens'Fund,Inc.,premium policy #308883 62.12 25.00 Amount transferred to principal Personalty Total Disbursements estate: $8,000.00 386.92 1,500.00 54.66 750.00 1,600.00 Aug.13 Expenses re:sale of real broker's commission pro-rata taxes state stamps gas royalties attorney fee real estate service fee -9- ... 12,291.58 14,721.2E $14,721.2E 132,758.7~ $147,480.0C =========1::== -II··I \ Estate of w.Lawrence Denniston COMMONWEALTH OF PENNSYLVANIA : :SS COUNTY OF ALLEGHENY Richard E.Dolan,Vice President,Eq ibank N.A.formerly Western pennsylvania National Bank)being dul lT sworn acco ding to law I,f deposes and says that the disbursements shown in the aCCOl nt have b~en made to the parties entitled thereto and that the accou~t as stated is true and correct as he verily believes. day of EQUIBANK hi.A.(FORMERLY WEbTERN PA.NA'IONAL BAN~) CO-TRUnE \\<:..<::::J 10_ BY:\L o.~L- Richard E.Dolan,Vic ~presideq1t " Sworn and subscribed before me this 30th! I,, I I.~~C.i LI~W " ___.:.::A,-=u:.;:;gL.:::u:.::s~t=--,1977. Notary Public 1J.7 MARLENE c.SPlTll:~.~_(fARY PUBLIC PlTISBURGH.AUjEGHfJY COUNTYREQUESTFORDISTRIBUTIONMYCOMMISSIONO!'IRO JAN.31.1981 ,1ember,Pennsylunla~lOClllIllnOf Nolarioa Accountant requests that distributio~be deteI~i ed by the Court in accordance with the Petition for Dis ribution evidence at the audit of this account. EQumANK N.A.(FORMERLY WE~TERN PA. CO-TRUSTEE to be Offere~~~ 'NA'rONAL BANK)II \!J ~(\~_C::l~.. BY:_-.:e..\_~-----=-----='-:"""'-!I-----+-+-----+----iI , 63-69-254 5'3f:~........-_No 1)&v1+.30 .}f!j£J~'~-~ ~~ IN THE MATTER.OF: THE ESTATE OF: W.IAWRENCE DENNISTON, DECEASED x~~coWltcmx FIRST AND PARTIAL ACCOUNT OF EQUIBANK N.A.(FORMERLY WEST. PA.NATIONAL BANK),CO-TRUSTEI WITH EDNA DENNISTON,NOW DECEASED "., ,..~:;:;;~~.:t,"~.~~~;;-..~""...'::::h ,c ~~0-:tJ:::::;)~'"....:::.'l -:"-.",.~C";:,~~~~c.......s::&~"'t ::;: Co ~t:::::......~ .7i!:~:-::.~~~,;.;o 'Cob::::--" ~~~~"'"'~j;)~~~""';..~-."c.~:::r:,-.Co:J(,J~~~•.(\,~<;;:~ \c E ~'-J "'....~,......;,,:,:) ~1 C"~:::~. '"(","');.::::tb;:s,-;;:;,: .......Q ,r:;-........2::, ;:::;~~c.,~__ tli --g ('I ~.'"~~~~.~~;::,-c Q)~ <tl.C~3 ~ I':;-.<:::--- -Ii::::-::"t!tb aa~....~o ~::l·S.~~ ~....::I!lcoC:> :::0- SQ. j;} ~~ :sIC:: !~I~!~ li:\.l:l:e:"" ::;,-c.;' <"c~~ -\l::)ci"J S;l {"~ ~!!~r~ :i~ e~.....~ ~: :11::1-·1ii=~! t,(:"- .~ "- ~ pt;,.,2.(,2 -J..73 Cl,f'Y~f Orphans'Court .....:-e...v VOL 170 ....~.....-.......... J'his account was transmitted a~~d pre~ented"'to'thll- Orphans'Court and confirmed ~i~i at ....- :Tf :;0 ----~-~~:5:g~ :,:;~rn -r-C~'1--'-:~ ...{f)G':';:-:-.!:;'-191 Af':,"'_1'lD ...,.w,;z "';()!.............""'""~"""::::~ ...k.(f'l -n ..rr'".".-z ~.;.~~,:~t :...-~;..~+~ OD ~:~~••;~••:~•••••••••••••=:~~_c:1~~~.._::f~:.:: '~~~1 =..~"~c.t:";··:· .:.':'i••-r-:;-;:;:.?~~;;-......r--i>(f) Fee $:.. Balance Due $: . For Sale by P.O.Naly Co.,Law Blank Publishers425FourthAvenue,Pittsburgh,Pa.15219 Filed - -..-----Thorp,Reed and Armstm ng Attorneys-at-Law 2900 Grant Building Pittsburgh,Pa.15219 ~~.~l~.i-:..~ t~ ~c::l:l f !o$I:Cis .....j~ ~~I ...~!~a :...:.:;:,:C:~g:!t! e -.~-I::-.........~-~~'i!E~~:a... \3 ~.A:,.~.....co.:~~~c...,", a--.'- !! I." In t1}t.Qtnurt at Qtl1ttU1111U 'has at lIas4tttDtnn Qtounty. 'rnnsyluanin.(0rpll~s'.Qtl1U11 Biuistnn ESTATE OF WARREN LAWRENCE DENNISTON a!k!a W.LAWRENCE DENNISTON, a/k/a W.LAURENCE DENNISTON, DECEASED No.63-69-254 In the matter of the FIRST AND PARTIAL A"ount of EQUIBANK,N.A.AND EDNA DENNISTON,NOW DECEASED, TRUSTEES UNDER WILL .ADJ~ICATIONAND DECREE And now .May .~.....I 19-11L,this matter come on for hearing, audit and distribution at this session and testimony taken;and thereupon,upon due considerationther~~t~~~a~~ce for distribution in the hands of the Accountant is determined to be $.,'..and the account is accordingly confirmed;and it is ordered, adjudged and decreed that the said balance be paid out by the Accountant in accordance with the schedule of distribution hereto attached and made a port hereof,unless exceptions hereto be filed sec.reg.or on appeal be token herefrom sec.leg... BY THE COURT J. SCHEDULE OF DISTRIBUTION Balance per account to July 15,1977 Net change as reflected in account restated to March 2,1977 and adjusted to March 9,1978 Bolonc....e --------------- Deduct Clerk's Costs &Recelpts"'--:'~~~~---'-------ITHORP,REED &ARMSTRONG, AMorney W.Ro dger s Mo 0 r e,Es 9.(288-7 718) $118,727.95 (70,219.00) $48,508.95 To:William Denniston Cash $278.42 48,230.53 To:Marilyn Stevenson ICash11,106.44 37,124.09 To:Equibank,N.A.,Trustee for Lawrence Hughes,son of Marian D.Hughes,under paragraph SIXTH B-2.b.of the Will of Warren Lawrence Denniston,deceased. Cash 1,437.08 1588 Units of Equibank,N.A. Collective Income Fund "A"12,984.49 To:Equibank,N.A.,Trustee for Rebecca Hughes Santina,daughter of Marian D. Hughes,under paragraph SIXTH B-2.b. of the Will of Warren Lawrence Denniston, deceased. 14,421.57 22,702.52 Cash (44.87) l 2782 Units of Equibank,N.A. Collective Income Fund "A"22,747.39 22,702.52 NO BALANCE In the matterofthe FIRST AND PARTIAL Account of EQUIBANK,N.A.AND EDNA DENNISTON, NOW DECEASED,TRUSTEES UNDER WILL No.63-69-254 of Estoteof WARREN LAWRENCE DENNISTON a/k/aW.LAWRENCE DENNISTON, a/k/a W.LAURENCE DENNISTON, DECEASED Ab~irntinU nub ittttt W.Rodgers Moore Thorp,Reed &Armstrong 2900 Grant Building Pittsburgh,PA 15219 412/288-7718 9E 21 ~ld 6 A~~J 8L '0 "",-1 1 I;.,-f J -~. '"_.il\j-.!l ~ ~~~/S- IN THE COURt OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DIVISION ESTATE OF WARREN LAWRENCE DENNISTON, a/k/a W.LAWRENCE DENNISTON, a/k/a W.LAURENCE DENNISTON. DECEASED NO.63-69-254 IN THE MATTER OF THE FIRST AND PARTIAL ACCOUNT OF EQUIBANK,N.A.(FORMERLY WESTERN PENNSYLVANIA NATIONAL BANK)AND EDNA DENNISTON,NOW DECEASED, TRUSTEES UNDER WILL. PETITION FOR DISTRIBUTION TO THE HONORABLE,THE JUDGES OF THE SAID COURT: The Petition of EQUIBANK,N.A."surviving Trustee,re- spectfu11y represents that: 1.The First and Partial Account of Equibank,N.A.,and Edna Denniston,now deceased,Trustees under the Will of W.Lawrence Denniston,deceased,was filed in the office of the Clerk of the Orphans'Court Division of Washington County, Pennsylvania,on September 2,1977.A copy of the Will of W.Lawrence Denniston is attached hereto,made a part hereof and marked Exhibit A. 2.W.Lawrence Denniston died February 11,1969,a resident of Washington County,Pennsylvania. 3.The funds embraced in this account were distributed to Western Pennsylvania National Bank (now Equibank,N.A.)and Edna Denniston,Testamentary Trustees by Decree of Court dated December 13,1971.A copy of the Decree is attached hereto, made a part hereof and marked Exhibit B. 4.Edna Denniston,a resident of Allegheny County, Pennsylvania,who was a life beneficiary of this trust and co- trustee,died March 2,1977,which has occasioned the filing of your Petitioner's account now before this Court. 5..Paragraph B-2.of Article SIXTH of the Will (Exhibit A)provides: "Upon the death of my wife during the period of this trust for her benefit,or upon my death if my wife fails t~survive me,my Corporate Trustee (hereinafter referred to as my Trustee)shall hold the principal of Fund 'B'in accordance with the following provisions. "a.One-fourth 0/4)thereof shall be held in separate trust for my son,WILLIAM DENNISTON,and my Trustee shall pay the net income therefrom to him or for his benefit in quarter-annual install- ments;such payments to continue until that certain trust created for my grandchildren under Paragraph b. below is divided into separate shares for such grand- children as provided in Paragraph b.(2),at which time the then remaining principal of this separate trust shall be distributed to my son.In addition, during the continuance of this trust,my Trustee shall be authorized to distribute to or for the benefit of my son,so much of the principal thereof as my Trustee shall deem advisable for his health, maintenance and support.Upon the death of my son during the continuance of this trust for his benefit, or at the death of the survivor of my wife and me in the event he is not then living,the principal of this separate trust,as it is then constituted,shall be added to the trust created for my grandchildren under the provisions of Paragraph b.below to be held and/or distributed as provided therein. "b.The remaining three-fourth (3/4)of the principal of Fund 'B'or the entire principal in the event my son is not then living,shall be held in trust for the children of my deceased daughter, MARIAN D.HUGHES,in accordance with the following provisions,and the term 'grandchild'or 'grand- children'as used in this trust shall be limited specifically and exclusively to the children of my deceased daughter,MARIAN D.HUGHES." 6.Any accrued or undistributed income at the death of the life tenant,Edna Denniston,has been accounted for as if -2- received and accrued after her death pursuant to paragraph D of Article SIXTH. 7.Edna Denniston was 'survived by her son,William Denniston,an adult;and three children of Marian D.Hughes,her deceased daughter:Marilyn Stevenson,age 31;Rebecca Hughes Santina,age 23;and Lawrence Hughes,age 26,who are the only parties who now have an interest in the trust. 8.The youngest grandchild of the testator,Rebecca Hughes Santina,is over the age of twenty-one (21)years.There- fore,one-fourth (1/4)of the trust is distributable to William Denniston outright under paragraph B-2.a.of Article SIXTH. 9.The remaining three-fourths (3/4)of the trust is to be held in separate trusts by your Petitioner for the benefit of the three above named grandchildren under paragraph B-2.b.of Article SIXTH,subject to the right of each to one-third (1/3) thereof at age twenty-five (25);an additional one-third (1/3) (total of two-thirds)at age thirty (30);and the remaining prin- cipal after age thirty-five (35). 10.Article SIXTH,paragraph b.2 (b)(iii)(c)of the Will provides that if the "principal of any separate trust should be le~s than TEN THOUSAND ($10,000)DOLLARS,my Trustee shall have the right to terminate such trust and distribute the re- maining principal to the beneficiary entitled thereto,provided, however,that such beneficiary has then attained the age of twenty-five (25)years." 11.The testator's grandson,Lawrence Hughes (age 26), has exercised his right to withdraw one-third (1/3)of the funds allocable to his trust and the trustee advanced the sum of -3- $7,600 to him on September 29,1977 on account thereof.A copy of Mr.Hughes'letter exercising his said right of withdrawal is attached hereto and marked Exhibit C-l.A receipt for said sum will be submitted for attachment to this Petition as Exhibit D-l prior to the submission of the second supplement to this account and proposed Schedule of Distribution. 12.The testator's granddaughter,Marilyn Stevenson (age 31),has exercised her right to withdraw two-thirds (2/3) of the funds allocable to her trust and the trustee advanced the sum of $10,000 to her on August 30,19]7,on account thereof. A copy of Mrs.Stevenson's letter exercising her said right of withdrawal is attached hereto and marked Exhibit C-2 and her receipt for said sum is attached hereto and marked Exhibit D-2. 13.In addition to the distribution to which Mrs. Stevenson is entitled,the trustee has exercised its right under paragraph b.2 (b)(iii)(c)of Article SIXTH of the will to distribute the remaining principal allocable to the trust for Mrs.Stevenson to her,which balance will be less than $10,000. 14.The testator's granddaughter,Rebecca Hughes Santina (age 23),has no present right of withdrawal. 15.The decedent's son,William Denniston,and all the children of Marian D.Hughes,Marilyn Stevenson,Rebecca Hughes Santina and Lawrence Hughes,have received copies of the account and written notice of the filing of the account and call for audit. Copies of the notices sent to parties in interest are attached hereto and marked Exhibits E-l -E-4. 16.No party in interest known to Petitioner is in the military service. -4- 17.Pennsylvania inheritance tax on .the entire remainder interest of the trust has been paid. 18.A supplement which shows receipts and disbursements since the date of the account,July 15,1977,is attached hereto and marked Exhibit F~l. 19.Additional shares of units of Equibank,N.A. Collective Income Fund "A"will have to be sold to enable the trustee to distribute the balance of principal allocable to Marilyn Stevenson's trust to her,consequently a second supplement to this account will be prepared after said sale is consummated and will be submitted herewith as Exhibit F-2. WHEREFORE,your Petitioner prays that its First and Partial Account,as supplemented,be confirmed and that the balance for distribution be distributed in accordance with a proposed schedule of distribution which will be submitted with Petitianer's second supplement to the Account. Respectfully submitted, EQUIBANK,N.A. By -5- COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF ALLEGHENY ) The above named Fiduciary or representative thereof, being duly sworn,doth depose and say that the facts set forth in the foregoing petition are true to the best of his knowledge and belief. Sworn to and subscribed before me this ~C;t:I'ry Public My Commission Expires: DORIS J.JOHNSON,NOTARY PUBLIC PITTSBURGH,ALLEGHENY COUNTY MY COMMISSION EXPIRES APRIL 2,1981 Member,PennsylvaniaAssociation ofNotaries day of " LAST WItL AND TESTN·1ENT I,W.LAWRENCE DENNIS1UN,of Washington County,Pennsylvania,do make, pub lish and declare this to be my Last Wi 11 and Testament,hereby revoking all Wills and Codicils heretofore made by me. FIRST:I direct my Executors to pay my lawful debts and the expenses of my last illness and funeral. SECOND:I bequeath my entire gun collection to my grandson, LAWRENCE HUGHES,if he survives me. THIRD:I bequeath all my jewelry,automobiles,clothing an4 other purely personal effects,as well as all household goods,furnishings and furniture which I may own,including any policies of insurance thereon, to my wife,EDNA DENNISTON,if she survives me.In the event my wife fails to survive me,I bequeath the aforedescribed property to the then living children of my deceased daughter,~tARIAN D.HUGHES,to be distributed in accordance with a memorandum which will be found with my Will or among my personal papers. In the event no such memorandum is found or should it be ineffective for any reason,I bequeath such aforedescribed property to the then living children of my deceased daughter,'1ARIAN D.HUGHES,to be dis- tributed among them as they shall agree among themselves,or should they fail to agree,as my Executors.in·their sole discretion.shall deem advis- able,making such distribution among them in shares of annroximately the same' value. In the event any SUCl)aforedescrihed grandchild should then be a minor)the person having custody of such ~randchild may assist in selecting such minor's share,and I authorize mv lxecutors to deliver such minor's share of said property,without hond,to the persons having custody of him or her,and tile responsihi Iity of SUCil llerson shall be a complete discharge of my Executors with regard to suen mi lIor 's silare of said property. We hereby certify that this is a true and correct copy of the EXHIBIT A original filed in the within entitled case.TH~~~ARMSTRONG By ~.~~ FOURTH:If my wife survives me,I bequeath and devise to my wife and WESTERN PENNSYLVANIA NATIONAL BANK,in the capacity of Trustees an amount equal to one-half (1/2)of the value of my adjusted gross estate as fInally determined for federal estate tax purposes less the value for such purposes of all interests in property and proceeds of insurance on my life which pass or have passed to my wife under the provisions of this Will or otherwise,but only to the extent that such interests in property and proceeds of insurance are included in my gross es tate for federal estate tax purposes and qualify for the marital deduction.In making the computation necessary to determine such amount,the final determination in the federal estate tax proceedings will control,however,assets dis- tributed in kind in satisfaction of this bequest and devise shall be distributed at their fair market values as ~fthe date or dates of distri~ bution.This portion of my estate,undiminished and unaffected by any death taxes ~shall be held as FLUld "A". FIFTIi:All the rest,residue and remainder of my estate remain- ing after the payment of taxes as hereinafter provided,I bequeath and devise to my aforenamed Trustees to be held as Fund "B"as hereinafter provided. SIXTH:My Trustees shall hold Fund "A"and Fund "B"in accordance with the following provisions: A-I.During the lifetime of my wife,my Trustees shall pay all of the net income from Fund "A"to her or for her benefit in quarter-annual or other installments convenient to her,but at least annually.In addition, my Trustees shall pay to my wife such sums from principal as she may from time to time request in writing,even to the exhaustion of the trust.Further,if my wife is for any reason unab Ie ts exercise such power of withdrawal,my Corporate Trustee is authorized in its discretion to disburse to her or for her benefit such sums from principal as it deems advisable for her .health, maintenance and support or for any other purpose said Trustee believes to be in her best interest. -2- II,-f 2.Upon the death of my wife,any remaining principal of FWld "A"shall be transferred and delivered to or for the benefit of such one or more persons,corporations or other organizations,including her own estate and creditors,in such amounts and subject to such trusts, terms and conditions as my wife may appoint by specific reference in her Will to this general power of appointment.To the extent that my wife does not effectively exercise this power of appointment by her Will,the remain- ing principal shall be added to and co-mingled with FWld "B"to be held or distributed in accordance with the then applicable provisions of Fund tlB". 3.During the Iifetime of my wife and whi Ie in the hands of my Trustee,neither the principal nor the income of FlDld "A"shall be liable for the debts of my wife,nor shall the same be subject to seizure or attachment by any creditor of my wife lDlder any writ or proceeding at law or in equity. B-1.During the lifetime of my wife,my Trustees shall pay all of the net income from Fund "B"to my wife or for her benefit in quarter-annual or other installments convenient to her.In addition,my Trustees·shall be authorized to distribute to or for the benefit of my wife, so much of the principal of Fund "B"as my Corporate Trustee,in its sole discretion,shall deem advisable for her health,maintenance and support provided,however,no principal shall be expended from FlDld liB"to or for the benefit of my wife lD1til the principal of Fund "A"has been exhausted. Further my Trustees is authorized to distribute to or for the benefit of my grandchildren,so much of the principal of FlD1d "B"as my Trustees shall deem advisable for their health,maintenance,support and complete education,including college,post-graduate or professional training,with no duty to equalize such disbursements. 2.Upon the death of my wife during the period of this trust for her benefit,·or upon my death if my wife fails to survive me, my Corporate Trustee (hereinafter referred to as my Trustee)shall hold the principal of Fund "B"in accordance with the following !,rovisions. -.)- ..---------------~-------_.._-_._----- .. a.One-fourth 0/4)thereof shall be held in separate trust for my son,WILLIA~DENNISTON,and my Trustee shall pay the net income therefrom to him or for his benefit in quarter-annual installments; such payments to continue until that certain.trust created for my grandchildren lDlder Paragraph b.below is divided into separate shares for such grandchildren as provided.in Paragraph b.(2),at which time the then remaining ~rincipal of this separate trust shall be distributed to my SOIl.In addition,during the continuance of this trust,my Trustee shall be authorized to distribute to or for the benefit of my son,so much of the principal thereof as my Trustee shall deem advisable for his health,maintenance and support.Upon the death of my son during the continuance of this trust for his benefit,or at the death of the survivor of my wife and me in the event he is not then living,the principal of this separate trust,as it is then constituted;shall be added to the trust created for my grandchildren under the provisions of Paragraph b.below to be held and/or distributed as provided therein. b.The remaining three-fourth (3/4)of the principal of Food liB'!or the entire principal in the event my son is not then Iiving, shall be held in trust for the children of my deceased daughter,MARIAN D.HUGHES, in accordance with the following provisions,and the term "grandchild" or "grandchildren"as used in this trust shall be limited specifically and exclusively to the children of my deceased daughter,MARIAN D.HUGHES. (1)For so long as any living grandchild of mine shall be lDlder the age of twenty-one (21)~ears,my Trustee shall hold the principal of this Trust as one food and shall pay all or so much of the net income therefrom to or for the benefit of my then living grandchildren in such amolDlts and proportions and at such times as my Trustee,in its sole discretion,shall deem advisable,and any income not so distrihuted shall be accumulated.In addition,my Trustee shall be authorized to pay to or for the benefit of my grandchildren such sums from principal as it deems advisable for their health,maintenance,support and complete education, including college,post-graduate or professional training.~.Iy Trustee shall be under no duty to equali ze disbursements of income or principal hereunder. -·1- (2)As soon after the death of the survivor of my wife and me as no living grandchild of mine shall be under the age twenty-one (21)years,the principal of this Trust shall be divided into as many equ~l shares as there are grandchildren of mine then living and grand- children of mine then deceased but survived by then living issue. (a)Each share created for the issue of a deceased grandchild shall be transferred and delivered to such issue,per stirpes, subject to the provisions of Paragraph NINTH if any beneficiary be a minor. (b)Each share created for a living grandchild shall be held in a separate trust,and my Trustee shall pay the net income there- from to or for the benefit of such grandchild in installments convenient to him or her,together with so much of the principal as my Trustee,in its sole discretion,shall deem advisable for his or her,health,maintenance,support and complete education including college,post-graduate or professional training;such payments to continue for and during his or her lifetime provided,however,that following the division of Fund "B"into separate shares,said child shall have the right to withdraw sums from principal in accordance with the following schedule: (i)At any time after attaining the age of twenty-five (25)years and prior to attaining the age of thirty (30)years,such sums as shall not exceed one-third (1/3)of the market value of said principal as constituted on his or her twenty-fifth (25th)birthday or on the later division into shares; (ii)At any time after attaining the age of thirty (30) years and prior to attaining the age of thirty-five (35)years,such sums as when added to any previous withdrawals,shall not exceed two-thirds (2/3) of such market value; (iii)At any time after attaining the age of thirty-five (35)years,any or all remaining principal. (c)In the event the principal of any separate trust should be less than TEN THOUSANU ($10,000.00)DOLLARS,my Trustee shall have the right to terminate such trust and distribute the remaining'prin- cipal to the beneficiary entitled thereto,provided,however,that such beneficiary has then attained the age of twenty-five (25)years. (d)If any grandchild should die before the complete ...--------------------------------~~------~-..--.------------" ..,.,.•f'< termination of his or her separate 'trust,the remaining principal thereof shall be distributed to such grandchild's surviving issue,per stirpes, subject to the minority provisions of Paragraph NINTH or in default of issue then surviving such deceased grandchild,the same shall be distributed to my other then living grandchildren in equal shares,provided,however,any share thus accruing to any grandchild for whom a separate trust is still in existence,shall be added to such separate trust to be held as though an original part thereof. (e)In the event any separate trust created for a grandchild of mine is still in existence upon the twenty-first (21st) anniversary of the date of the death of the last to die among myself,my wife,EDNA DENNISTON,and all of my issue who were in being at the time of my death such trust shall thereupon terminate and my Trustee shall distribute the principal to the income beneficiary thereof. C.While in the hands of my Trustees,neither the prin- cipal nor the income of FWld "B"shall be liable for the debts of any benefiCIary nor shall the same be subject to seizure or attachment by any creditor of any beneficiary under any writ or proceeding at law or in equity,and no beneficiary shall have any power to sell,assign,encumber or in any manner to anticipate or dispose of his or her interest in Fund "B" or in the income produced thereby. D.Upon the death of any income benrficiary of Fund liB", any accrued or undistributed income shall be held and accounted for,or distributed,in the same manner as if it had been received and accrued after the beneficiary's death. E.My Corporate Trustee shall be entitled to receive annual compensation for its services hereunder in accordance with its schedule of compensation currently in effect when the services are performed. SEVENTH:r-ty fiduciaries,whether in the nature of Executor,Trustee or Guardian of property passing to a minor,shall have the following powers in addition to those vested in them by law,exercisable without court approval: I I -6-, I' I I A.To retain any or all of the assets of my estate or any trust created hereunder,without any duty of diversification,specifically including any stock in or obligations of WESTERN PENNSYLV~~IA NATIONAL BANK I may own at my death. B.To invest and reinvest in stocks,bonds,mortgages, securities or other property,real or personal,specifically including any common trust fund,without being limited by any statute relating to invest- ments by fiduciaries. c.To sell at public or private sale,to exchange or to lease for any period of time,any real or personal property,and to give options for such sales,exchanges or leases,for such prices and upon such terms or conditions as my fiduciaries deem advisable. Notwithstanding the forgoing provisions,it is my desire,although not my direction,that my fiduciaries retain so much of my real estate as shall be necessary to provide at least a TWO HUNDRED (200)foot property line in all directions from all buildings on said land at the time of my death,together with water rights in connection therewith and,a FIFTY (50)foot right of way for egress and ingress,for and until the death of my wife or such time as my youngest then living grandchild attains the age of twenty-one (21)-years,whichever event shall last occur, after which time such property shall be allocated to the share of whichever grandchild for whom a trust was created is most desirous of acquiring said property.In the event more than one ,said grandchild desires said property it shall be allocated to the share of the highest bidder among them and such real estate shall'be valued at that amount.In the event such allocation Iresultsinunequaltrustsbeingcreated for each of my grandchildren,the grandchild receiving said property shall contribute to the trusts created for my other grandchildren such an amount in cash as shall equalize all trusts. My fiduciaries shall be without liahility as a result of such retention. -7- D.To distribute my estate or any trust property to the beneficiary entitled thereto in cash or in kind,or partly in each,such allocation of assets to be in the sole discretion of my fiduciaries. E.To register investments in the name of my Trustee or in the name of a nominee,provided that the records of said Trustee indicate clearly the trust to which such investments belong. F.To borrow money for purposes of my estate or any trust hereunder either from the banking department of my Corporate Trustee or from others,or from any separate trust hereunder,and to mortgage or pledge any part of my estate or any trust property as collateral therefor. G.To vote by person or proxy any investments owned by my estate or any trust,and to exercise or sell any rights of subscription or other rights in respect thereof;and to participate in any·liquidation, reorganization or merger of any corporation whose investments are so held. H.To compromise any claim or controversy affecting my estate or any trust hereunder. I.To retain in kind any business or business interest owned by me at my death,whether in the nature of a proprietorship,partner- ship or corporation,and to continue to operate such business during the administration of my estate or any'trust thereafter for so long as·my fidu- ciaries deem advisable,without any liability for loss or depreciation which may arise by reason of such retention.My fiduciaries may participate in the conduct of any business with respect to its management and affairs in the same manner as an individual could do as owner or stockholder of such business, including but not limited to (1)the voting of stock and the determination of all questions of policy;'·(2)the participation in any incorporation, reorganization,merger,consolidation,recapitalization,liquidation,sale or dissolution of such business;(3)the investment of additional capital in, subscription to or purdlase of additional stock or securities of,or the making of secured,unsecured or subordinated loans to such business,pledging the assets of my estate or any trust as collateral therefor;(4)the election, ..~.t employment or retention of dixectors,officers,employees or agents of such business,and the compensation of such persons for serVices performed.In addition to the normal compensation of my fiduciaries for services performed in the administration of my estate and any trust hereunder,my fiduciaries shall be entitled to additional compensation for services performed in the management and operation of any business or business interest. :1.As between my Trustees,my Corporate Trustee shall perform all ministerial and administrative duties,including the keeping of books and records and acting as custodian of the trust property. EIGlITH:I direct that all Federal,State and other death taxes payable because of my death,with respect to the property forming my gross estate for tax purposes,whether or not passing under this Will,including any interest or penalty imposed in connection with such tax,be paid out of the assets of my residuary estate without requiring any apportionment,reimburse- ment or contribution by any beneficiary \D1der this Will or any Codicil thereto. In the absolute discretion of my Executor,death taxes may be paid immediately, or the payment of taxes on future or remainder interests may be postponed until the time possession thereof accrues to the beneficiary,in which event such taxes shall be paid out of the principal of the trust subject thereto. NINTH:I appoint WESTERN PENNSYLVANIA NATIONAL BANK,Guardian of any property,other than tangible personal property,which passes to a minor,either under this Will or otherwise and with respect to which I am authorized to appoint a guardian and have not otherwise specifically done so.Until the minor reaches majority,the Guardian may,in its discretion, accumulate the whole or any part of the income from such minor's property, or may distribute or apply the whole or any part of the income and prin- cipal from such minor's property to or for the support,welfare and education of such minor either by making payment directly to the minor or to his or her parent,guardian or other legal representative,without liability on the part of WESTERN PENNSYLVAJ\lIA NATIONAL BAN~to see to the application of such payments. -9- ,."6 t Notwithstanding any of the forgoing provisions,in the event any person,other than my wife,entitled to share in a distribution under the terms of this Will or for whom a trust is created hereunder becomes an adverse party in any proceeding to contest the probate of said Will or any provisions contained herein,such person shall forfeit his or her entire interest in any distributipn or trust hereunder and all provisions in this Will in favor of such person shall be void and have the same effect as though he or she had predeceased me. TENTH:I name and appoint my wife,EDNA DENNISTON,and WESTERN PENNSYLVANIA NATIONAL BANK,Pittsburgh,Pennsylvania,as Executors of and Trustees under this,my Will.Should my wife at any time be unwilling or unab Ie to act as Co-Executor or Co-Trustee here\D1der,WESTERN PENNSYLVANIA NATIONAL BANK shall serve alone.My fiduciaries shall not be required to . furnish any bond or other security in any jurisdiction in which they shall serve. IN WITNESS WHEREOF,I have here\D1to set my hand and seal this --- day 191z5L. SIGNED,SEALED,PUBLISHED and DECLARED by the above named Testator, W.LAWRENCE DENNISTON,as and for his Las t Wi 11 and Tes tament,'in the pres ence of us,who at his request,in his presence and in the presence of each other have here\D1to subscribed our names as witnesses."-: Address·------------- :-10- / ~U t4eQ!nurt nf Qtnmmnn 'leali nf man4ittgfnu IDnuttty, 'euuliylnauia,®rp4uttli'Qtnurt 13inininu ESTATE OF No,_6~3_-_69_-_2-=-5~4 _ Executors Edna Denniston &Western Penn'sAccountof National Bank, Harrf":n L~nJren~e Denniston e!k/Inthematterofthe First end Final vI.L~nlrence Denniston a/k/a W.Laurence Denniston,decesged I ' II Ifj I \·tI1; I'~ .1It $33'044.21r~1 $36,972.4 .I $35,850.07 Balrn~e per account ~I!~~'I AjJltionS1 debi t asked at Bud I t,t::I 1928.2" II Ii ~~ Additional credit asked at audit,1l22.u.J Balance:1 ADJUDICATION AND DECREE A d December'/3 19 71 h'f h 'n now .;,__, t IS matter came on or eanng, audit ~md distribution at this session and testi.mony taken;and thereupon,upon due consideration there6fr:'t~Jalancefor distitibution in rt~e handsll of the Accountant is determined to be !l $~";2~O.R?.~,and t~e G~SG'?U~t is accordingly conf.irmed;and it is o~dered,Ii!adJud~ed ~nd ,d~ree~that the.::;sald balance :~e J?Qld out by the Accountant In accordance with the sChfdyle 9f dlstnbutlon heretQ.~attached an.4!mad~a!!part hereof,unless exceptions hereto be filed " sec.!r~g.~an ~(ppeal be take~herefrom secl!'eQt~I p I ~ ,.'2 I ~I or-,,~/\-..r----' Q)I '§-tI----t------'''--.,>j-T------- !.(\A~I ./ I l '~~. II ~~./ I SCHEDULE lp~D~STRIBU'rION Deduct Clerk's Costs &Receipts,i 4~.C;c Attorney ....:..R.!.1::a:....:il!::...!p~h~m;:.....!..•....;D~e:::;;S~t~e.=.f~a~n~o:.....-_ :1u8sell H8rino,Cl~"rk O.C.,costs certify:i.ng reol est9t~to Recorder,$35,800.07 Ol~a o.Woodward,R~corder,costs recording certification of reol est~te,7.SC $35,792.57 'Russell f1arino,Agent,transfer inheritrmce tax,$1350.98 Interest from 5/11/70 to 12/24/71 J31 .32 1h.82.'l,C IJawrenc~Hughes,grandson,legacy in kind.of tun collection held in kind and distributed ES such at the snoraised value,credit to be taken bv the ~ccollntants for items advr.nc~d Drior to dIstribution by the Court,, $33,595.27 No balance Edna Denniston Rnd vlest~rn Pt'mnsy1venia national!-Vic;\l1~reb!cmriJv ~hat thta within Bank,TcstBmentary Trustees for Edna Denniston,i:.;a hiM,1ir~~(\;l"ij"(~d I';~py of the as set.forth und~r ~~e tflrtnS of the will,re~j d~~q;x<:d L"'::ib:;vc cn[ii!::}d case. includ1.nf!,cash,E.qUl vB ble Gas Company LeB se l~os.~::,""-'r~':':"r"-.O,lH7''~"'.'"'RONGIm~99 valued at ~)l500.00j Lease No.F75 vslued tn·...:;>;.l,!·;A=,·.....·C'Ji~~ at t750.00:and Leqse No.1298-3 valued at ''''./A ~~~~h .."vrL $>270.00;Ferm and Acreage as he reinbelow dfls-";>YVy...:r..v··.,··zr*.'''''<·.·,_·,w.__··,·,,,-a..'''''',,· cribed valued at $26,500 afte:correction ~r .):dh::iy\:::rys Lw J4::!:£!::!!!:!:::::.""-"",,,value for pqrcel sold:held In kind end dJ..strl-- buted 88 such at the values 8S shown,1'3591).2 EXHIBIT B I I I s II c ~,g 11 C!I -t:8 ~Jk~ i1 1 hl -rT!>.r~TO 5"C.l:TTl-'Ii'll r WImCO?,llRH OF "!>.SrIIiG'l'Cii CClJllTY J ~BY THP.CLT'RK OP Tn"~HAj ,18 t COURT PI 'l~lION ;:'I e;La",,~nce l1ennis ton,atlk;~"JI Lawrence De p.nlston '/k/a W. Li'ttrerfce Denniston,deVisor,;,otJ~dti~Denniston nd the Vo:est€Jrn P dhsylvania National Bp.nk,,t'u~e~~and devlaeH8,in tl ust for E rikl Denni~ton under'the te!'T a ~,he viill,sll the r1rtt titleenf~1 interest of the devisor ~~$~d to p?rcel of real eetpte des- c 1bed a a,VI ZI I =.I. I I AT.l,thot certdn 1,it 1r ,~ece "r emu d situoh in the?f1l1Shin of'Union,Count"of llo&bi1l'ten,Common ·".1th 01 P"nMyl-'I vJnlia containing apPr'OXi:9te1i~;;'7 [oroR "t the corne-r cf G111 Hall ~md Ab~r Bds.Af;recorded.in tht;Recorders (Iff .ce of tte above neld County in Deed nook Volume 777,pE'ge 27. 19VHm erected th~reon e.t\lO-StOry br ok dwol lng known as R.D.#4 Finleyville,Pennsrlvsnia,and sUbj ct to ~cverge con- veysnce of record. We hereby certify that the within is a true and corred t:.opy of the origin<iil Hk!d in til:;<,:bov~tmlitk,d case. Equibank N.A. Two Oliver Plaza Pittsburgh,PA.15222. ATTN:Martin J.Randal Trust Department Gentlemen: -.._-..__._..."'...,'1'"........-'--~"-. I,Lawrence Hughes,grandson of W.Lawrence Denniston,having attained the age of twenty-five (25)years on May 11,1975,do hereby exercise my right to withdraw one-third (1/3)of the market value of that certain trust created for me under Paragraph SIXTH of the Last will and Testament of W.Lawrence Denniston,dated June 4,1968. I am presently in need of funds for reasons explained to Mr.Randal and would appreciate an advance distribution of as much of my share as the Trustee will approve at this time. 9-0'9-,1 Date EXHIBIT C-l Gentlemen: I,z..tarilyn H.Stevenson,granddaughter of W.Lawrence Denniston, havinq attained the age of thirty (30)~'ears on October 27,1975,do hereby exercise my right to withdraw two-thirds (2/3)of the market value of that certain trust created for me under Paragraph SIXTH of the,Last will and Testament ofW.Lawrence Denniston,dated June 4, 1968. • I, I ."~.·t..~. .,-.'-.'.,'.-,,','"'.;...',....,.,.;. .'.,: ."" .~: ,•..:- Equibank N.A. Two Oliver Plaza Pittsburgh,Pa.15222 ATTN:R.E.Dolan' '"Trust Department I am presently in need of funds for reasons explained to Hr.Dolan and would appreciate an advance distribution of as much of my share as the Trustee will approve at this time. ,••J Sincerely yours, :~.'. '" ", /.11 Dated!'/U;} :., EXHIBIT C-2 ('l '-, I .'. -I " ,. IN THE COMMON PLEAS COURT~OF'WASHINGTON COUNTY,PENNSYLVANIA ,,ORPHANS ~,'COURT DIVISIONt'~t _..j .;.., ",••"·Ito In the Mat'ter of the Estat.e',of w.Lawrenoe Den.nist.on, Deceased :. s.,. NO.63"'69-254 RECEIPT FOR ADVANCEMENT '1'0 the Honorable,The Judges of Said Court: I"MARILYN H.STEVENSON,'being'beneficially'interested 1n t.he above titled estate,hereby acknowledge to have reoeived from Equ!bank N .A., Surviving Trustee un~er the Will of W.Lawrence Denniston,Deceased,the , sum of Ten Thousand ($10,000)dollars and request your Honorable Court to charge the same to me in the DeOl'ea of Distribution to be entered in said estate.!.~-I-DATED this _.-..-d_CJ day of --kl<£U..r:'-.,/,1977. r~"' W_.~_tn_e_ss_:~C_/.......(~_,_.'._.~_.....'.....J)i!I-'_..'._':_S_'_.t~~ .'. ,, .' " ",J - EXHIBIT D'-2 ' " ..~;~. ~...-;... ", ,.~ ....·_·_.1.....',.,._,~..." .'--.~~----------------------------"'" December 7,1977 Mr.William L.Dennis.ton 11 Bailey Street Nashua,NH 03060 Dear Mr.DennistonI Enclosed please find a supplement to the First and Partial Account of w.La\irence Denniston,'Trustee Under Will for Edna Denniston,deceased. The date of the audit is December 13,1977,1130 p.m.,in the Court of Co1mIlOn Pleas of Washington CoWlty,Pennsylvania,Orphans'Court Division<.No.63-69-254. Please feel.free to contact me if you have any questions. Very truly yours, Hartin J.Randal Assistant Vice President MJRl1 enclosure EXHIBIT E-l .-.....-- December 7,1977 ~trs.Rebecca H.Santina 500 Hoodridge Drive -Apt.#204 Pittsburgh,PA 15234 Dear Mrs.Santina: Enclosed please find a supplement to the First and Partial Account of w.Lawrence Denniston,Trustee Under Will for Edna Denniston,deceased. The date of the audit is December 13,1977,1:30 p.m.,in the Court of COmmon Pleas of t~ashin9ton County,Pennsylvania,Orphans'Court Division No.63-69-254. Please feel free to contact me if you have any questions. Very truly yours, l'Jart!n :1.Randal Assistant Vice President I1JR:l enclosure EXHIBIT E-2 ,.. tC"~'-' December 7,1977 Mr.Lawrence lIughes 238 Dan Drive Pittsburgh,PA 15216 Dear Mr.HughesI Enclosed please find a supplement to the First and Partial Account of w.Lawrence Denniston,Trustee Under t-lill for Edna Denniston,deceased. The date of the audit is December 13,1977,1:30 p.m.,in the Court of Common Pleas of Washington County,Pennsylvania,Orphans'Court Division No.•63-69-254. Please feel free to contact me if you have any questions. Very truly yours, Martin J.Randal Assistant Vice President ~URll enclosure EXHIBIT E-3 December 7,1977 ~1rs.Marilyn H.Stevenson 211 Hutchinson Road Southerington,CN 06489 Dear Mrs.Stevenson: Enclosed please find a supplement to the First and Partial Account of u.Lawrence Denniston,Trustee Under Will for Edna Denniston,deceased. The date of the audit is December 13,1977,1:30 p.m.,in the Court of Cooa:non Pleas of \iashington County,Pennsylvania,Orphans'Court Division No.63-69-254. Please feel free to contact me if you have any questions. Very tr\11y yours, Martin J.Randal Assistant Vice President l-1JR:1 enclosure EXHIBIT E-4 l .L WARREN L.DENNISTON FOR EDNA T.DENNISTON .- Since filing the account,there have been the following recei~ts and disbursements: IAug.30 ilMarilyn H.stevenson,advance distribution Sept.291 Lawrence Hughes,advance distribution' Oct.13 Commonwealth of pennsylvania,1976 fiduciary income tax oct.13 Internal Revenue Service,1976 fiduciary income tax THORP,REED &ARMSTRONG EXHIBIT F-l I I, I I, II Ii $69,078'125,'-=========== I I I, II ' I I I I Il25~00 I 43,728J62 2l,000JOOI $ I I! I $I II I I I I i 1 I ; I, $131.19 I I,I I 1 707 '1°0 I II;!1,169 f 3 Il!__~~~~~j~~Jr---------1 I I I 1 I ~ $24,0011861 I'I 24.734.30 732.44 I'I II ',II II I !I I II I i ii 10,0001001 II 7,600 "100 I - I '1,~18'170I I 31,806.148 ~:=::~::~1::~ I !IIII .,I II 64,853 .62 I! I ,I 4,224.:63 IIVI/e hereby certify that the within is a true and corr~d I.:opy of the origin,"!filed in th::-;above eniHled case. DISBURSEMENTS IRECEIPTS I ! Trust for Short Term U.S.Government Securities Master Note interest received 8/3/77 to 11/3/77 Sears Master Note interest received 8/5/77 to 11/3/77 Common Fund Distributions -Equibank N.A. Collective Income Fund nAn -8,373 units received 10/13/77 IIThe Balance consists of: II Principal I cash 15348 units Equibank N.A.Collective I Income Fund nA"I 'I $21,000.00 Sears Master Note Income i CashI I I' I ILosS on Conversion of Assets IProceeds,sale 3,025 units Equibank N.A. Collective Income Fund nAn @ 7.93449 Investment Value 1977 oct.14 ri j,,, In the Court of Common Pleas ofI~ashington County,Pennsylvania Orphans'Court Division No.63-69-254 ESTATE OF WARREN LAWRENCE DENNISTON, a/k/a W.Lawrence Denniston, a/k/a W.Laurence Denniston, Deceased , -1 I "U 0:j :0 (Jl N "UCD• C ({):::0 :0 °rCl0fT]:l>.,:r (;,fT]~ "U :0 0 0 TTl:l>"zz..,..."Z -l )C'(i (Jl (Jl »fT1'¢c,'(f)'. ~rlJ 0 j~~~"»~(J)--I~:0 <D 0 Z Q t,f') In the Matter of the First and Partial Account of Equibank,N.A. (formerly Western Pennsylvania National Bank)and Edna Denniston, now deceased,Trustees under Will PETITION FOR DISTRIBUTION .: ~II,.., '" W.Rodgers Moore,Esquire LAW OFFICES THORP,REED &ARMSTRONG 2900 GRANT BUILDING PITTSBURGH,PENNSYLVANIA 15219 ,,, IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNA ORPHANS I COURT DIVISION .' No.254 of 1969 . HEARING ON AUDIT The Honorable P.VINCENT MARINO,Judge of'the sqid Court. Estate of ( ) (..) WARREN LAWRENCE -DENNISTON,'a/k/a ( \W •LAWRENCE DENNISTON,a/k/a ) W.LAURENCE DENNISTON;( ) ( ,IN RE: «, ~'Deceased. >oJ>IIIZZIIIII. ieCl~BEFORE:' tilc(~ , .. " Denniston,deceased.The Executors are'Edna Denniston and Panna. Western/National Bank and the'attorney is Ralph T.DeStefano, .,. Number 254 of i969,the estate of Warren Lawre ce RALPH T.DeSTEFANO,Esq.;of Pittsburgh,Penna., representing the accountants. Thursday,Sept~mber 16,1971,at 10:00 o.'clock A.M.,EDST~ Mr.Hart? TIME: ~, IIII-0:~THE COURT:11/0: I-0::JoU ~U~...o ..:!:!'0:~APPEARANCES: Q oJ«Q o:J.., I:~(II .W ILLIA M HA RT :',Mayi,t.please the Court,I would like to pres ent to the Courf Mr.R,alph.T.,DeStefano,who is am,em,ber of the Alleg!eny . County Bar.He has asked me to present him 'to the Court and asked that he be admitted specially for this,'Vrr.Hoffmann generally represents the Western Pennsylvania National Bank,but {they were u~~1:?le to fhcate him this morning. 2 ~ I THE COURT:Very Vi ell.We will admit "'/fr.,DeStefano speciall for this proceeding. .in this matter have bee~fi.1ed:and the Executors know of nO ~now.:n·':-;.,< ,. ·creditors.And there are no questions for adjudication,by the Court. ·VIR.DeSTEFANO: ,·in this decedent's'estate? the Court. ,e MR.DeSi:EFANO: ~. Z<C~THE COURT: )0. IIIZZI,LlL i~THE COURT:CIzxIII~. .,:u irIii~.THE COYRT:<c .' § Q j., :I:I::'{II ,,'Thank you,Your Honor.All the'necessary paper 1Fhere is,no Federal Estate Tax here,is there? No,'sir,there isn't. Is th~re anyone else in Court at this ti:ne interested (NO RESPONSE) The audit of this account is ordered closed by _(A trDrT CLOSED) 'I oj ll:III.... ll:o.. IIIII:... ll: ::lo-u .I<coii:...o I hereby certify that the,proceedings and evidence~re contained full and accurately in the notes taken by me on the hearing of the above ~ause, and t,hat this copy is a correct transcript of the same. .'. The foregoing record of the proce .gs upon the hearing of the above cause is hereby approved and directed to be filed. . .-~ J.r ,,~. -'#i,,~,...>0:IJ .:.I •'.{.: IN THE COURT ,, '; ,.I·....~. .'. ,, THE HONORABLE PAUL 'A.SIMMONS, Judge of the said Court l.•·"; ,, TUE;lsday,Jan,uary 10,1978 .At 10:00 A.M~'.. ..., ..' ".f " w~Rodgers Moore,Esquire ~..,2900 brant Building,Pittsburgh,PA .Rep~esenting -the accountant' HEARING DN CONTINuED AUDIT------------ APPEARANCE:. Estate of ) ) ) ) W.LAWRENCE DENNISioN,a}k/~) WARREN LAWRENCE DENNISTQN;,A/k/c;t), W.LAURENCE DENNISTON,')' ) ) TIME: In Re: Deceased ~ z«>..J>1IJ ZZIII Q. i0I- elZ I:1IJ«3 ...:u ItI-1IJ a .J« u a ::l.., J:l-I' N tila:IIII-a:0Q.IIIa: I-a:::l0U .J« u LI.LI. 0 .. .v ""..'} .'.Janet A,.Jackson' "Official Court Reporter ......., 0.1., .'" , ,I.,. .' • ~ z«>.J>-UlZZIll·a. i01-. C) Z(,.I: Ul«3.. I ....O' II:l-e Ul a .J« u a~., :tI-....N UllI:IIIl-ll: 0a.III II: 1-. lI:~0U .J«. u l&.l&.0e • J .. TH~·COURT:The first case is th~ "case of .W-;-"rbaw.renTce Dennis ton"Number 63-69-~~4;Thi~is the time and place fo I ~.,"j < a contiguedaudit in.regard to the ~state of ~&:Lawcen~e.Denniston,decased.By • '..t. letter.dated Janu~ry .:5,1978,Mr.W. ..~Rodgers·Moore.of th~firm Of,Thorp,Reed and Armstrorig requested the Court t6 con- tiriue thi's matter to the next audit 'list which would be the "earliest possible time•..;••"...i _. •'i:. this ca~e could be audited.At this " time,.the Court 'W'ill,request our court crier.to announce this,estate in the 'hall' r'".,/' of th'e,90Grthouse. (Mr •.Tubin,court crier,leaves .the courtroom to make';this announcement, returping in a few moments.) ,TH,E COURT :Did you get a response? -MR.TUBIN:-No response,your Honor~ THE COURT:,Do we have anybody in the courtroom interested in the estate'of '.' W.Lawrence Denniston? .'{NO RESPONSE.:.-~-...'~-,"" i","•[; .. I-" ~. ". ", '. .J I·' '3. " ~audi t of this es~t'ate J.s "con tinued'until the next qu~rter~~~melY~beginning March 13';'1978 ~ ..',. ******* '. c z0(>.J~j ZZIIIQ. iol-e>z I:III0( 3: ...= " Ui'f''"i~~1~ ,>,t U)- '--"0' .J~ Uo:>., ,~ 'r-N ...-<'.~ ., 0.:,•~ ,. '., ", (Pr6ceedings.c6nciude6) \ " ,• .~-. .~'''"., ...- -~ ., /' ~I IIIa:III I--a:.',oQ. IIIa: I-a::>ou .J0( U "-"-o 4. •are conta1n~d fully and 'accurately in tbe'notes taken by me ,..-,.,~....'" at,.the hear-ins,'in the 8,bove cause,:end that this eopy 1$a ,. ". The foregoing record of proceedings at to be filed. IIIa: 1&II-a:o·lL1&Ia:II the h8tlrlng in the abQve cause 1s here by s'pproved and dtrected' :JoU ..J>( U I&.I&.o ~~the Court, >,•.l ,, .' ,.~.~,".+ IN .THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PA. •.i t ..Orphans~Court Division " 'THE HONORABLE PAUL A"SIMMONS,' Judge of the.said Court. Tuesday,December 13,1977 at·1:30 P.M.' ~orp,Reed and,Armstrong,'Esq. of Pittsburgh,Pennsy1vania'. representi~g the Accountant. ~U ll:I-UIec ..J«,~c:J., J:I-"N UIll:III f l-ll:0Il.III ll: l-ll::J0U ..J« U 11..II.0 e BEFORE: TIME: APPEARANCES: HEARING ON AUDIT ;- " " James C.McCreight,Esquire 800 Washi:ngton Trust Bldg.,Washin~ton' Representing ~illiam L.Dennipton J"ane,t A~Jackson Official Court Reporter • c z0(>...J>(/)zz'~Q. i0 , t-elZ :r:(/)0( == 'w ..:u .~~.. Itt-e (/) 0 ...J0(u' 0 " :>.,,,"J:l-I'N (/) 0:~t-o:0Q.~0: t-o: :l0 U ...J 0( U u.u.0 ..... 2. ~HE COURT:The next case is the ,.case ofW.Lawrence Denniston.What is your name,please? 'MR.MOORE:W.Rodgers Moore of the -.., firm~of Thorp,Re~d and Armstrong.D " THE-COURT·:M-o-o':'r-e? MR.MOORE:Yes sir.We represent Equ'ibank who is,tJ::1e continuing trustee under the'trust under the will of ,.~ Warren Lawrence'Denniston.Your Honor, "i";,this is the first and partial accounting '·occasioned'by the de~th of the Tife ""tenant,~dna Denniston.,And,under the terms of the:will,at,this tim~;one~ " .fourth ,of the 'co~pus is distributable outright to ,the decedent's son,William f f.FDennist6n.The remaining three-fourths' go back int~'trust for the three children. ,l •of th~deced~nt's,dec~ased daughter, t1arion Hughes.",One of those trusts,_ your Hon6r,'will b~i~~s,th~n $10,000.00 aft~r'the beneficiary'exercises',her ,..},'\"•,;.,0',".,(f, right to withdraw two-thirds of th,e ,'-" trust.w(.,~',~d"'~~~/~~"{~z';~lt·J~'~;}s·{~orr1g~'("I";'<.'·7'I ,, .. 3. "-;, • " ,".'V.",i'~'I "'~,the account was prepared.,0ince we.;have •..r\.,~~',..,J (',~.....i'.g J:-~~".,".~..1(",'I./'.~?~.,.dii,-,i,'j~."~-,'\.,"".;'f ').c~ir;'eali~~d)"t:ha"t~"n,o.w.,~t~:e:.t'rustee.:has:".'J;•':,.J elected to d-i'stribute::the entlre b~l~nce ,~'':'~~tpr :-:~~:~,,'.~.",'~;, , as permitt:e'd under jthe~'terms :,'r--However ,~>~.t~.1 ~~,,~~,~,,",1l~'·~t4...~f(6~.,!.-, the funds are:vested,in the common funds And But nowt~,me . ~l~.ri~ht,now;'I notice~JI._ - • #,;"~..:;,,'1 ..t T ~,;-I ~~;~.~._ l-~t.-",.~,",..s .;'So'we ,would.;respectfully ~..~~ THE COURT: we,'d~like t~'present ;t,hepetition sUb'j ect t'o ,:the ,attachment,of·thos~documents'. .~-, '~, reque~t that 'the'Court accept'our peti_ tio'p.for d~stri,butiori,subject to a ,supplementalac~~~nt,which will show the ,.'..''-~al~of ~h~~~,~dditional!sh~res so thai comple,te distri,b.utiop ca~be made"to ,~~rilyn S'te~'erisQn",the pen~ficia~y(. t'"~.''.J ,~;",,• I ,.' ," o(Equibank . .' "we wquld'f3.ls0 prese'rit a proposed schedule' •.:,.'..J ~/..'il· "'f •.,~of ~istribution at thatr'~"• '. .."J~'mes McCre'ight is befor"e the bar.Are ,.,~r '~.~or'!, '.~!'.-. '. -, '1 'y'?~appearing for,somebody?' " _t '/' .0< Z<>..J>-!IIZ ZIII0.. Zol-e>z J:!II<~ ...=u lrI-!II a ..J<'ua:J.., :t'l-I' N !II0:IIII-0:o0..III0: I-,0: .:JoU ..J "< ~.......o .' e' '.f l",' MR~.MicREIGHt:Yes,'you~Honor.I ,if·:.,.I...... wou,~d-ask that my appearance 'be entered •;",:~~r":'l ,., f~r~Wil}iam·L.'Denniston,one of the,. .remainders;;:'l , I. " .........."THE COURT:,~Al'l rig,ht,is there ,. ,.t,;...<', .(~\.~ ,.... ,...!}-~',<.'"'1;~-;'-~~~~/:'''~•...}~ ",".i.,,) .-~~ ",'c. ..', ...','" .',4 •'..~_ .' ....;I.",'0".-,..... ,.'.~,..;'~.,t .MR.'McCRt:I~HT ; ,' There'are''a few' ,.,•'~...~•~II ".:;;_i·" ,minor problems','which Mr.-Moore'aqd I.,;..~ •" have dis.c~·~~e·q.:~'~':Ohe is that the,tru~tee •'\,..-.".,I~,...1"'.~.'" ',':inad,yer.t·~ntly ov~'r,paid'inheritance -taxE?s :.~. in',,:1973 and 1974 ..in',tOtal of a.ratJier~•4''4 ,, de~ited back~nto-the a6countand'made I ...11 tiohs 't'o"t~o ;of~the thr'ee remaini:lerme'n.,",..' ."......, al-so',,~,the0e ha;e~'beerl"9-d;ance distribu- I.' ,.'".a'p~rt of the :distr'ibution ~The're is .f'•.~ And:I ha;~requesled 'cind.I exp~ct ther.e t ••••.,.., wiil peLl,lib,di'fficulty\'about th~act va:ike.., J t r/ill,'I""'f.-_J,~\\{ d "'i,.(.',;.J':':'d·;.flr.."~'C~.~~/:'.!"~'11"'',f!>,~1 :"!'.?;s,~rluutjL;9n.t(otl:ClT~IJ.<"AV~epn:L;S~,dtJ.Slnce.•.e,·s '.(,:-!-t:_..1 5.~';'4.,""••~r .,1 ".~;r+)..'"t f -\..-ft....•~-'~~-;.;.-~,,!./'i,..f,j"i -~~.'"......:/.....''.-;.',j;.J.,,_.;._~:~~..-~4-~',;•..:~-rJI!',tF -{~.-.. ent i tled.'to .an outr.igt\t...distribution . !0'.,•.it ""4.......'"~i"-'V"," Ther.e wa73.,d.uring.,,~Re~..:~.'C3;,st...m..,·.~l!ls.(~..fatt.o~of, ,..,..';';''t-i ,"".,~',,.f.':l ,A' the·trust ~nd a.'t ,t'f1l:iti~e/oftnis~distri .... bution'~'slighto,\';~_h:?;dit3"ty,<itb'(lJ~aqh'tinder ,.~·1 ~~:-.':t;l~,~:d .,,~/~:~'~_~'i!..';;.f.:,f '. tpeterms of th~'trust 'to a b~,neficiary other than Mr.Denni~ton.And 'ou~only concern,in that matter ,is that that not .f -...~ ,small amo~nt,'und~r:,,~l,OO.90.And this', l~.see~s iO'm~,'y6~~:Honor,should be ' -."•'-'4 ".~:l •• ., ,. ", .....~ z«>.J>-I/)zZIIIII. Zol-e>z I:I/)«~ I/) 0::III I-0::oII.III0:: I-0:: :JoU .J« u l&.l&.o ..=~ II -l-I/) O' ~: u o:J ''"., :t;:, 1'1 .' ~I ~;~•, • ,"redu'ce -any of.,the income that would be ,, paya~le to Mr.Deriniston."I'm sure that the bank will take care of that.at the proper time.Those are 'the.only matters. .,THE COURT:Well now,'would these ".. '" "..." 5 . the';nheritance tax,as I understand, certify that party!.s share for both--- Fir~t'of all~the claim ~or refu~d of ". We were uriaware of They're going to ), THE COURT:' has 'been .filed",Secondly,the over-, distribution to the one beneficiary of Randail,we feel that there's no p~oblem. in ~~e cburt,toda~. MR.MOORE:~.yes,you~·H~nor.I see no problem.Martin 'J.Randall, Assistant Vice ,'President of~Equibank is.~,." 'the ,trust will 'be taken care of by Equibank and that will 'be shown by--- t~e precise nature'6f the mattern which .'.J '..'t ~ • ':;~'+.~~.I , Mr.,McCreight,now.calls to your attention. ,'"~.',..~ Ho~ever,dis;u~~ing these with Mr..~ ~.... I/)a:, ,\IIl-ll:oII.\IIa: I-a::J,oU .J< U ILILo c z'<>.J>-I/)zZ\II II. Zol-t'Z J:I/)<'~ ~ a:I-~,e .J<U'e :J.., ,:tl- I'N ". e. • whole from their assets.We haven't .decided exactly what method of coriectio it b~ck and then,your '~onor,make it _The~'ll either collecMR.MOORE: '. we~lr use.C~rtainly it's--- ., ., ".{..6 . '-- ..~.-,~... ¥"r~~.~"1,/J;"i-.t\.....~. THE COURT:.Well,don't you think it ~rght be ~good idea just to 'continue •'i:, this to,'our regular continuance date, January la,in order-to take care of all these little ma~ters,includ~ng the supplemental account'ing? .'/ MR.MOORE: " .,, Well,it doesn't .'~.' f·, .".- Honor,-except that the date on which the .. comm6~fund wil'l be liquidate'd is Decem- ber:31'..Norinal'iy',,dfstribution would not." be effe~tive until a -'subsequent to o'~..~... that date:". -i ' THE COURT:' ,,i' So JarlUa.r:y lOwouid ,,~.....', be ~n appr~priate d~t~..We could 'just I,·f , continu~the matter until the ,lath of ",January.-(~.And then somebody could appear........."I ... t'-"'_. ,. t.J",here on that date and request that the ~,..+" ,audf't'be closed.And that will be the end o~the whoJe thing,all these.minor'.. matters ~:'"Is that ~.pos'sibility? .;' ",,MR.McCreight:,I hate _to have -your •Hqnor 'describing i'~:as minor but I guess I .did. t,_. }- ,, ,, 7• THE-COURT:,},That's what you spid 'they were.1 don't'know.'s,'~.,.. ~R.MqCREIGHT:Subj~ct t6 one (matter if 1 may ..',' ','"~f •r ,, please. ., Al~,right,announce , Do we have anybody .1 think we might ~Ye,s,go right ahead. L ;.:•.- THE/COURT,: THE"COURT: " THE Co.URT: 0'" ,,....t. I··~ .MR.MOORE :~. announcement ,:'returning in'a few moments.).."',. the estat~of W..LawrenceDen9iston; (Off.,.recor'd ,distussi.on.) leaves-the courtroom to make thi~ ,'(Mr&.Muti,acting'Gourt crier, '.~t •i .." '-else in,the'courtroom 'other than'Mr:',j', 'McCr'eighL and Mr.Moore who are inter- .,'f'~'(/',I.f_, est~'~.Jn'thi.s·r'estate?'. ,," ;.'-~ " .,'« z«>.J>-l/)zZIII II. i0~ClZ x l/)«~ ..:u II:~l/) 0 .J« u 0::J... "J:..,.r- III l/) II:III~II: 0II.IIIII: ~II: ::J0U .J«u II.II.0 .', ~~ave:a problem:with,January 10 disiribu~ "".tion':because we--- "...;.......'/THE COURT: " We~~;this gentle-.~, :".., ,.,,, •,'4 8';" MR.RANDALL: " ,/THE'COURT:.,.r ,',f'•~•~, Yes. ......"".>. Arid what is your .. name,-please?'- '- " ·'·"MR.RANDALL::' " ,THE COURT: ~M'R.R'ANDALL:· t·.' Martin J.'Ran,dall .. Randall? '"I <-0",.. Yes~.We_Ire not too sure if we Ire go"1'ng to have 'a problem.''.~ here with this distribution'as of Janu-:, ,... anylO. " MR.',MOORE:._" value -at th~t time,?~,.~ 0.,•• ;, ., Will you have a '.... ..~.., ," MR.RANDALL:~.~;-I,'can't guarahte.e 'it.I think we :~hoUld set a di·fferent 1 ., date ju~t'~6 be iure~ i ~,-'.- ,:THE COURT:.<Well,·,supp.ose 'we, }".-' • ". '. set the date'and then ,'.if .necessary,ybu,.1 '0,.Ii comeback and ask (or an 'extension,-if ""'t'" .. ~<• ..."9. '.'. ,. .,'. .....:..... ". sei another one:for you. MR.McCREIGHT:.'1"'d like the record ~:. to ~ho_w,YO\lr Hon~r,my"concurr~.nce in this ~o~tinuance is based"upon my under~· ," standing.that the'~dvanc'e distribution.," .-"~ ",*',:i"•'"which we have.requested ,for Mr.Wiilili'am Denniston will not,be delayed~';,..''.....'.".- ., MR:MOORE: .<."",, ..'.Ii.. '. ,j,' '\"~.,~ THE COURT: ...~~:. .Is 'that agreeable? .As I understand it, '. '.'.~ your Hoho~,th~re's cash'~vailable for th~i'distti~ution arid i~will be made.' Denniston's advance distribution will be ',' .,....:t..•'. ".THE COURT:, All ,r1ght , 'Mr. ; "./, " accomplished imm~d~ately.-,' MR.McCREItHt;i Th~nk you. THE COURT:Very'good.All.'~i~h£,'iet's do ~~e,folioWi~g here. kea~~ng no response a§to any other...'.", ,. • .', parties,the audit of this matter wIll be c'ontinued,untiiJanuary 10,1978 at 10':00'A.M.in-this courtroom.",'.-/~"..-'..:: •~c ,1**,******,'f·J,.~.·'"",.P,~""•.'~"",,,',T.'f .~"'!.,•,,~..'~r':J·.'~t\'r()";~.'"ti"'\'J 'N:;fr'.".;•Jl-1',;./f}"'f-~~-:~""-"'I~''''''_-4t,t t,'~,:':~~"'I..'f:·~,,,;.:·-'·..{t···~',..;.~~.1.;J".'.·~i ~~~~.~..,'"\' (Proceedings closed) .,.h ~"'~•• • •,> ,"<.. ;;.. ,',,'., I'h'~reby cett1:fyl the t the proc'eedings «ere contained tUlly and aecura.tely in th;~nO~$8 taken brUle z '.«.....~at the hearing in the 8,OOV$cause,and that this oopy 1s a >-l/l.~oorrect tranecr-tpt ot ,the eame. lL The to:regoing reoord or proceedings at the hearing in the above cause 1s hereby approved anq.directed to be tiled. By the Cour~, 10 . ....". .•i Ii., f' i.'~'lr ......',. " ~.", IN THE'COURT.OFCOMMON·PLEAS OF WASHINGTON COUNTY,PA. ••-.~,j.'"-..'.._.'"", "" '. I 0( z0(>.J>-'UlZ Z1IJII. ~Zo!-e) Z :I Ul0(:: ..,;o "0::-!-Ul0' .J0( o 0, :J., X~!'"l'I Ul0::1IJ!-0::oII.1IJ 0:: !-0:::Joo .J0( o IL.ILo ...; t i. In re: ,-.0. ·.i ., BEFORE: .~-. APPEARANCE:'I,"; ,. !''''V 'C,.::;>,••,~c:> " ".', h .'"·1. ,'.-.HEARING ,ON,AtJDIT .; •.~:I ,I. ,.,,; THE HONORABLE .PAUL A.SIMMONS, Judge;of tl)e said Court. ~T1.!~l?d:ay,March 21,1978, at1:'30P.M. ,,. W.RODGERS MOO~E,ESQ.,' or'the fi.~'m Thorp,R'eed ',&Armstrong, t-~.. representing the 'Accountanf., JAMES M6CRE~GH,T,ESQ., 'of the Flrm McC~eight.Marriner and Crumrine,"repre/:?enting William L.Den'niston,a remainderman•... ,MARY JANE DREYER OffiCial Court Reporter ,', t ·t. :,,. ,I ..:.9. ":\2. " ""r THE COURT:The next estate is the estate of W.'Lawrence De~niston.,ivIr.Mo'ore.· ;{. ,.'.,-t-, •':)Oi! adv"ance dis.tribution from Lawrence Denn~stori"which we I Ve ,marked anybody else might·be ,interested,in this est~te..Will you announce ,' and request that'these 'documents'be admitted into,the record and .r j 'If:.r·"/.f~~'....... t'J ,;• ,."'...."l"""'~t .'.~r.i:•. " \': bid you .,get a response?'~;.h l.~in";1'"I,':• .....~,t 'f ,,'jj.J..',-";,l,.{1·'1!~.,~.~:~. If'it p~e'asel~h~Court,this'is"the ,con- /,••I .,'.- ", , make this annou,nceinent, ;f ... • I THE ;COURT:·· ,, THE COURT: attached~to,the petition...'"-...'. .~': Exhibit'''D-1";and receipt from'William,Denni~t(lJn,r'ora 'd'{stribution.;."',~.';.'.-f["-."~~.,r .• , made,subseq1.!ent ·to that audit,which we':h,ave marked -,exhibit "D-3 tt,.., ~,f:','j .t'.'.:'~"~~.•J.,It i',.~J/ tinuance of the audit of this estate from ..December 13,1977.:At that evidence :at:that'time.Subsequently;we have"obtained :rece ipts for...';.... MR;MOORE:' ."".'.-audit,,I presented'-a peqtion 'for distribution which was admitted ,into "y; •, c Zc(>.J>.'Ul ZZ'Ill'a. i0I- elz :IUlc( ~ ...:·u 0:I-Ul a .Jc( U a ::J., J:I-"N Ulll:IIIl-ll:0a.IIIll:, l-ll: ::J0U .Jc( U ILIL0• COURT CR1EtR :'No res,ponse,your Honor. ,. THE COURT:,. ,,'Do we have anybody in.the courtroom, f' other than Mr.Moore,who m rght be interested in this .estate? .' ·-.'b " ,,.3. -'/",-; Mr.James McCreight.,.1.,. /' t .?..~ MR.McCREIGHT:May it please the,'C ourt,'our appearanc e .'.. was entered in De~:ember,of 1977,for William L~Denniston,~Cl:" .~:J ,•remainderman.,,". "D-1',land the other ExhibU'~,']j;:-3".~ ." the exhibits "AudUExhi bit A,B,,1I and so forth.,If 'you'll hand t • , Well,let's have the reporter mark All .right,you may proceed.HoW are .~.'.. 'One of ,the exhibits',your,Hohor,is ,' ,~.We:have non,e,'your Honor. .-¥J ,~ JfI .~:~~..,,'0 ,011'\-':.ii/ 7·~d'j.fI.:I:....,..n,r f \,r, ,",/"-1,,.)1,,#'4" ""~,;~\•.f'":::.....\.....If the Court please"we 'have some ,/ THE COURT: (~' y.ou iden'tifying them? MR.,MOpRE ,: other ,exhibits.' f MR.McCREIGHT: ,Mft.,'MOORE:, THE ICOURT: exhibits being ,TH~COURT: « z«>.J.>-'l/)z.ZI.llII. Z0, I-Cl·z J>Ul«~ ..:u ,Il:'j-. Ul a oJ«u· c ~.., J:'I-"N' Ul,D: I.ll'!-'D: '0II.I.ll.D: 1-'D: ~o" uoJ,« ,A.~ I&,1&"'0 ",' ".e th.em to the Court H~por,ter"she'll ~nar,k'them;so you cankeelf •,>.track of all your exhibits."~Now h'ow about producing all of the rest' Jf ~., I 'of.your expibits,too,and",having -'all 'of those introduced. ~..~'.•••'*'f·, ..~:.MR,"MOORE:All right.,r " " ,., ,<I:.4.r. 0')•'-:0, ",I 1...:"-.(~.'.\,~ ,.... ,;t, {I (Audit Exhibit "B"Refunding Receipt,.datedr1'('.',.p.j ~..,0 *l\,),'.'."'''~7 ..:~,...r:.t "VJ:~'~p.~,....l~":.;.,t •(I,\~'V·~\ik~~:-~.:.'~i·'- December 1;3,1977;',and signed .by William L.Denniston, Hughes,o marked.) (Audi,t Exhibit:"e fl~Adjustme~ts to March 2,1977 ", •'.'-f,I _•."'•.~"L_.' '(Audit Exhibit 1,1A):',/~eC·eipt.for r?dvance~ent .da:~~~!I~ o !,'*i,.,',\..'"",c ,¥,'...4<:-..' .lj;'.tii1:',1·1f·#..~.,.••u .-('"'",:'t . September,2~~..,1~}'7.'<a:ri;!.~~~gtl·~d.~b~/~a.'kr~np~.t·.'l/""f {,'( .-f(..•~-"r".,....~"r.,~./I ~, ,~. Z'C. >0 .J>-o Ul..z ZiiiII. ioI-el Z J:Ul.<~ • (Audit ..~xhibit"ttn",0 First 'and Final Account,dated' March,2,.1977",'m'arked:') ..:~ lr--.~i-"Ul C .J',<,,.Ug,.., I:l-I'N _Ahd~t,mar~e9.),..",'".,;~," ~.' .,' .' That fund only.has sale.' ..~ The .~ccount as origi~ally In ':corhputing the d istrib-q~ive' .'"..\~..,; 1"'0.; Your Honor,the purpose for the con- '",ji'•Tha~.,;,has been done. .t MR.MOORE :~'" ,, f iled'was dated to July 15;/1977., dates quarterly. UllriiiI-0:oII.iii0:I-••'~'tinuation of the':account waEl ,to allow tim~for-,the'trustee to sello.,0 0", ·u·.'"~_l \..t'"i~'.additio'nal units',of th,e it COfilm cin f~nd~. U '_C,••),"~1-'1, II.~'• shares there are two shares t9~ldistribute.out;tght;two 'shares ~:. that 'remain in "trust., '~\.~ It became necessary.;to restate that-account .- ._~'~'0...~) to March 2,the date of-,death of the life tena'nt·:i ;and that account ,'"has been marked'-'-~-'r.estated .account has'been i'mark~d as Audit +'..' t ,'.."".,' "~,'-'. ~, 5. ,'<.fit. ,Exhibit"D "e'.' jl ••,, " the'receipt for advancement 9f Lawrenc.e Hughes. stipulated,both ~., j . ~:,Why was it l1ecessary,for them ,to file, :.. .>.The fundsr were distributed prior to the '.\ j.! i 'j"'\J""..'\ A{l,r.ight••,Also,r/'vVould appre'ciat~'t ~if. .',(',"1'(~".>'~,,c..J-f,Jj',I!'::"l '4'"•.J '~ll'"i'v ',',.....>:.',.'..,. for ,this]~~'~or~:;';i~dlc\~t~~rr;;hat'E~h'rbits,,'l;A\;;";~~'t ~f'i}~,l;., a refunding bond? THE COURT: refunding,receipt of William it if you would,just '·MR.'MOORE-: THE ,COURT: '0( z0(~,~,:MR.MOORE: zz 1&1ll. ZoI-el Z ,J: Ul0(~ "'and .I1B"and "~'~I are,too/'if you will. ..:u ItIii a oJ0( u a.:l... ~•• .If:!-:.',. N "confirmation of the account,and,on'that basis,we • '. distribution s~bject to a "refund'ing bOt:ld.· Mr.'McCr~ight and 1,thaf,we .{;,ould make 'that'afmostlOO%advance ""•,....,•i • Ul "D:'1&1I-D:~, 1&1 D: I-D:,:loU oJ0( U 11.'II.o THE COURT: MR.MOORE: Wit.hout surety. And the schedule for distr.ibution does show a small sum to Mr.Denniston,so no amount will be~reqUired to be refunded..,',, ,' TH'E ..COURT:Any other problems ? MR.MOORE:Well~your Honor~a couple cf -things t." "I ". .,.-f. 1 might mention."Audit Exhibit "e"fs a schedule'of the :'com:putation~ I ., accout)ting'purpose.,s,and.diffe"rent~s~les •~nd'qistril::>.utions were',, .".,.'.'"J,'::'-:}.,.,",~~,,'l,....,.:}~,/'.'r',f aIl6cateq.to the specific shares.of ;the'.individuals..,to·itreat them ~Il·.·...:,f';>..'.,Ie'-';;.'£'j ,i -,'~",t '(- ;t"1 ~'/~,.,I.-;~!,','"\:,_,!'"'""...~.t r .".'," -!-:'1,"•. ..~ .",-"."" -, at'tdifferent times.~,~.~-£,.- .,if .".' J •"•--,'.",'"IsubJe-ct 1\,';;-'':''"''''-,.~;{ ,j....,t ','.~t'-!,-f"",r,l/:.j ~.'I'\..'...'.:.4 .'-':r.",r , '.•'~.c," ,- Now,were any 'of these attorneY'13 fees ..."( I.". Well,;there were,Some-,made In'kind, '.~. Units of,<:omm~n'fund were retaine~'b~-the' THE COURT: trust.I have represented to Mr.:tVIcCreight that there 'Yill be adq.itional attorney's fees --- .yo~r H~mor.In addition,~here'were.$?OO.00 of attorney's .fees, MR.ModRE: trust,so that would be tantamoilnt.to the distribution ip.kit;ld,yes, and some in cash. i •it? 'ailocated $300.00 to each of·the .two terminating'portions ·of.the " THE COffiT: So that :restatement and cOITlPutati'ons were done,'; " equitably,'because there were distributions made which were used to arrive at the ,individual shares of the dtstribute"es. Wha t'wai done'was·the trti'st was separ~ted'as "of'date of'death,fot-.~. c z'0('>~>-1Il .. ZZIIIQ. i0I-elZ J:1Il0(~ ---.t ll:I-1Il a ~0( u a:J.., :x:l-f'-l\I 1Illl:IIIl-ll:0Q.IIIll: l-ll:::l'0,U ~0( uiLLI.0e .attributable to to the principal,or.the 'income,or ,to w.hat? ,MR.MOORE:Attributable to the work,,your Honor, that's b~en done by our firm up to '. '. -I I....~ -,# " "' : ,.' ,. 7. , THE COURT: , ,Are you taking,·it frorri\iprinci'pal-'--,r;",'\,; .",;\-; '"And,you never took these fees'yearly;• MR.MOORE: '\... THE COURT: From'principal.,your'Honor. :'! .... .,',>' Well,',actually,your honor;thes~are.~..~,'~~ ....',! '.. " really fees based on wOrk .'that we've dor:~'a;dvis,ing the bank'and trust,is that it? 'you :allowed these fees to accumulate until the termJnation.of the,',~ ,.Z '0(>.J>-,,'00 ,',~, IIIQ. Zo1-'~Z :I00 /....; t.preparing this,document for thisaccbunting.',',",~, ••f I •." basedod"pnincJp9-.:l,"as wel(;as on'the income? .•'f'I ' •'~'MR.MOORE:, .IJJ •' I-'It0'.,'lli, ..~THE COURT: 0::lo, u ~ .J0('0'MR.MOORE: iL'ILo .":.f ,0: "I-,!!!a :.J0( U a::>......., :rl-I"N THE COURT: tiori fees '. Well;did you'have'additional termina- .''The'trustee,did,your Honor;';but--...; Bwt I mean the a.ttorney~? No;your 'Honor...,..k',1 ,' THE CQURT: .',.You're just on'~ri'hourly basis,or whatever that might.be? .,1. .~," MR •MOORE:Yes,your Hono!.'"fO~'purposesof this , " .~ " particular account,.we are.and,I have represented to Mr.McCreig t , that there will be additional fees in the fU:tu~e.'but,those additional'. ,. ; " 1-1-. ";.' ,,,8. '.'"" ~. fees will be allocated to the shares retained,.by ·the trustee still open ,"" THE COURT: J .~ On the basis"of principal,or income, ,, .~. THE COURT:Well,what 'about,are you laying any of these fees on the.continuing trust for work accomplished as,to ,., ,. Yes,your·Honor.That'will be billed '. .' Again,basis of time spent by our ~'t .'.~..1 I see. ,~../if '.So we tried to'w,ork it equitably,so ". ! ...,', MR.MOORE:. MR.MOORE: MR.,MOpRE: ,I,., that each,particular ,trust will ,eventually treat about the same ~.""" or both? amoun~'of attorney's,fees',:based'on,the w'ork that':we've 'done.'We THE 'cou'i~T: for work.done in respect to the terminating ;trust. those,trust up to this point'? firm. didn't think it was appropriate for the continuing trust to bear fees t'• • c z,«>.J>(/)zZIIIlL •,z0l-t!) Z :r(/)«~ ....~, IIl-(/) Q .J« ·uc:J.., J:l-I'-N (/)IIIll.l-II0lLIII II l-II:J 0U .J« u 1.1.l£. 0e at a subsequent date,.though.' THE COURT: ..:f ,." Then you are':not billing for that now? •.f.,' MR.MOORE:,That is'corr~ct'. ,;;I'"J.".t I /,.;-":'~"'\.. '".;r ' ~~(/,~ \..~.'i;, -."r<i:" r'/~..,.f J •, -'.,~ ,! ~;".. "".' ;'. comment? ",f ,. ..'~ 'THE COURT: -; -MR.McCREIGHT: .and disturbed by the'impo$it!on of all d"the alt9rn,ey'S'Jees on two shares th:~.t happened 'tope 'availab;le 'for distributio,n.now,because it 'appeared,~,~me'that 'the "serv~ce~of the.attorhe;in bri~ging 'this''., 'account to'its,present state is ,§9~nething that sh01;l1,cfbe bor~e.by .-..-.'".- ~-.~-..~". 'the,whole fund,and not ,simply by'those who'h~ppen to be'the per--".,-'.,''., sons to have:,t~eir shares 'split ,outcof::ithebfunCl.but 'I understand -fro Mr.¥ooretvat th,e ar:qoun~set f9rth,in,E?Chihit fle'''_.represents ~pproximately oqe-half of the .feeswhi'ch wili be billed for Jhe work ~,,.__-•i ~.... done in bringing the estate to this'·p,?int.Am L right on ,that?.,.,~. MR.MOORE:,Yes~ ".'.. ~! THE COURT:As I und,erstand,-1l~~s going to defer the charge ~m those -trusts :that remain,in 'existence.,is that true? 'MR.MOOR E:' .", We have riot·billed that yet,your Honor•. MR.McCREIGHT: .:'~. ,'Those -funds ~ill·.StilLbe available'Jar billing.Therefore,I have no.str'ong objection. I:' ". ,,-.' "10. ,. "THE COURT: mitting all'of these in light of the explanation,the audit of this ~state is ordered 'Court our prop~sed ,?chedule of'distribution,.based on these docu":' .t " " .ht "'E h'b'·t·"A""B":"e"rtg."X 1 ,~~',',••.,'.,:,.,q."t,,;j i'", ,'j,"~·t":','".,1 "i,,,,,,:,'''..~~..,~.1 '..~.A ~....(~~+,,"~ a part of the record.Is there ..All right~'Under the c ircuinstances, I would just like to present to the All I do q,ot,your " ,, "" ments. anything else? THE COURT: MR •.McCR EIGHT: ,THE COURT: .and "D"are admitted and made • ~z~.J>-IIIZZllJQ. i.0I-elZ J: III >(.~ "t-= "u a:l-•III 0 .J>( U 0 ::J., J:l-i'•,N ..... III 15 closed."I-a:oQ.llJa: 1-'~MR.MOORE: oU " .J >( U II.II.o Thank you,.your Honor. ++'+ + +++$. .:" ,r., '. '. ". " ;~: I.~• .-". -254 11. '.-., ". at the hearing in the above cause is tle~eby approved and directed The foregoing r,ecord o(proceedings' •f.~.1I ,J. -.i /'-': ., I her.e~y ~~rtify that the proceedings .',. By the Court, '.~ Paul A.0 Simmons,J._.(",~. .', ,- .,. to be filed. :'" .j'-.L to 0 , hearing in the above cause.",'and that .t1?is copy is a correct tran';~-~:..t';.,.,::r....I,--r~I '.f,fJ I ,,'~~'j!',L.I,....,.:"~.)lr'C:~.;'....,-r"./"f,J I;~l ~t ~It.'..-~ \-,....." t""sc~ipt of the same•t o~l ~I ~, are contained fully and ac6tirat~.lj in the notes.tak~n by me at the, .~.~ " • .~z'0(>.J>l/)zZIolQ. i0I-~ Z xl/) 0( ~ ....U It'l-e l/) a .J0( u·a:l...., :tl-I'(II l/)0:IolI-~a::~ .~ Iol 0: I-0:::l 0U ~:...J0( U I&. I&.0 e .',' " mnnrt nf mnmmon 'ltUll nfllu1l4iugtnu <1J:nutity ®rp4UUll'<l!nurt iiuillinu j In the mllitter of the Audit of Account in Estat~of .W.LAWRENCE DENNISTON TO THE AUDITING JUDGE: N 63~69-254o._=...c.....:::...::..--=:..=..,..:;,...----'~__ Enter'our appearance for William L.Denniston,remai'nderman' McCREIGHT,MARRINER &CRUMRINE ~..c./;Ie&"F _~hday of December ,19-.:rL N.B.-Counsel shall,by separ.a;te 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 concLse state- ment in that regard. No.63-69-254 In re Audit of Account in Estllite of W.LAWRENCE DENNISTON AUDIT 'rarripr fnr !\ppraraurr FOR William L.DennLs:ton McCREIGHT~MARRINER &CRUMRINE Attorney ~2 CHARLES M.THORP 1888-1942 EARL F.REED 1918-1963 CLYDE A.ARMSTRONG 1922-1975 THOR:B REED-g ARMSTRONG 2900 GRANT BUILDJ;NG PITTSBURGH,PENNSYLVANIA 15219 TELEPHONE(412)2B6-7711 CABLE THORREED,PITTSBURGH TWX 710-664-4290 WRITER'S DIRECT DIAL NUMBER 412/288-7718 January 5,1978 KENNETH G.JACKSON WILLIAM C.O'NEIL JAMES 5.CRAWFORD,:m: JOSEPH E.MADVA W.GORDON RAUCK WILLiAM D.SUTTON CLYOE W.ARMSTRONG HENRY A.MORROW,JR. FRANK J.GAFFNEY WILLIAM W.SCOTT,JR. JAMES 8.HECHT CHARLES WEISS CHARLES R.VOLK ELI KRIVOSHIA,JR. EDMUND S.RUFFIN,m THOMAS J.JACKSON RALPH T.DESTEFANO FRANK MAST RALPH F.SCALERA OAVID S.WATSON CHARLES M.THORP,:m: G.DANIEL CARNEY WILLIAM M.WYCOFF JOSEPHDUFF SHUMAN MICHAEL YUKEVICH,JR. R08ERT H.SHOOP,JR. PETER G.VEEDER JOHN H.BINGLER,JR• ROGER M.GOLDEN. CARL H.HELLERSTEDT,JR. JAMES K.GOLDBERG RICHARD I.THOMAS JOHN DEAN O'BRIEN FRANK J.CLEMENTS SCOTT E.HENDERSON RICHARD V.SICA JACQUES M.WOOD CHESTER R.BABST,:m: J.FRANK McKENNA,:m: KEITH H.WEST DAVID A.SCOTT RICHARD M.20MNIR W.RODGERS MOORE JEFFREY S.BLUM DAVID G.RIES MARTIN J.SAUNDERS MARY M.DUPLAIN JOHN W.EICHLEAY,JR. RONALD J.WERHNYAK C.JAMES ZESZUTEK JOHN T.FERGUSON,I[ JANEA.LEWIS WILLIAM ROOGERS,JR. JOSEPH MACK m JERRY F.PALMER TIMOTHY M.SLAVISH SENIOR COUNSEL LOUIS CAPLAN WILLIAM ANOERSON Clerk Orphans'Court Division Court of Common Pleas of Washington County Court House Washington,Pa.15301 •AOMITTED OISTRICT OF COLUMBIA ONLY Re:First and Partial Account of Equibank,N.A.-Estate of Lawrence W.Denniston,Deceased,No.69-254 Gentlemen: At the audit in the above captioned account held on Tuesday, December 13,1977,Judge Simmons granted a continuance to January 10,1978. The purpose of this continuance was to permit liquidation of units of the Equibank Co~~on Trust Fund A in order to generate cash for distribution. ~lr.Randal of Equibank has informed me that the liquidation will not be consummated in sufficient time to permit this transaction to be shown on any documents prepared before January 14th.Judge Simmons indicated that if we were unable to meet the January lath deadline we could informally request that the audit be continued until the next available date.Consequently,we request that the above case be stricken from the January lath audit list and be scheduled for audit at the earliest possible time. Please notify me of the new audit date and feel free to contact me if there is any problem with arranging the rescheduling of this matter. WRM:jm cc:Hon.Paul A.Simmons James C.McCreight,Esq. Mr.Martin J.Randal w.Rodgers Moore WASHINGTON OFFICE:1050 SEVENTEENTH STlmET,N.W.,SUITE 820,WASHINGTON,D.C.20036 202-8,2-1189 'JUDGE',S CHAMBERS ORPHANS'.COUR·T .~'. TWENTY-SEVENTH JUDICiAL DISTRICT OF PENNS:VLVANIA' PAUL A.SIMMONS.PRESIDINci JUDGE t 'O,-WASHINGT9~'PEN.NSYL~ANIA• • .t:}:;~,.t . j' .Janua~y25,1978 ...... -.." "j..• ' ....l ,," .'I."~.~~.t· ".""~.:.......",' J"r''.!. I .,£I; In Re:Estate of:Lawrence W.Denniston,Deceased• .No.63 ...69..254....,... .....1Ip.,"-..'.. w.RodqersMool"e.,.,~'. Thorp"R~ed'&Armstrong....,·~'i{ 2900 Grant Building , Pittsburgh,'Pa~15219 +,l Dear Mr.Moore:. "w~reCeived a copy'of your Letter of J~nuary"5 tn regard to the t;bove captioned es tate."~,, '"This .estate will bepIaced on the Audit List beginning the afternoon of March 20 at 1:30P.M.. '..You will be notified as to the exact time of youraudlt . by Mr.Vlachos,the Audtt Cle~k. Very truly'yours, ?' I I PAS/vh .~~ Paul A.Simmons,J.' cc:Chris Vlachos,'Audit.Clerk IN THE COMMON PLEAS COURT OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DIVISION In the Matter of the Estate of J W.Lawrence Denniston, Deceased No.63-69-254 RECEIPT FOR ADVANCEMENT' To the Honorable,The Judges of Said Court: I,LAWRENCE HUGHES,being beneficially interested in the above- titled estate,hereby acknowledge to have received from Equibank N.A., Surviving Trustee under the Will of W.Lawrence Denniston,Deceased, the sum of Seven Thousand Six Hundred ($7,600.00)dollars and request your Honorable Court to charge the same to me in the Decree of Distri- bution to be entered in said estate. Dated this_____11::'-_ ~IXHI81TlAUDIr ,s A 'l.}-?r/78'/J?-g EXHIBIT "D.-I" ,I IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DIVISION ESTATE OF: W.LAWRENCE DENNISTON ) )No.63-69-254 ) REFUNDING RECEIPT KNOW ALL HEN BY THESE PRESENTS,,·that :the undersigned {.vILLIAM L.DENNISTON does hereby acknowledge to have received of and from EQUIBANK,N.A",Surviving Trust:ee under;the wi;U,'of W.Lawrence Denniston,deceased,the sum of Twenty-one Thousand ($21,000.00)Dollars on account of and to be charged ~against the distributive,share of the undersigned in the residuary trust under the Last Will and Testament of the said W.Lawrence Denniston as ultimately 'determined 'by the Court: In consideration of said distribution of Twenty-one ~.~.Th~lisand ($21,000.00)Dollar's,Xi:.heu'n'dersigned does hereby ~...~'"I J "...l~I}'.j-... j J ~-1';.-,'"~.~~,'*',-r ~.....s.,.r ...f-..t ,.,"covenant and agree to:re~und.such:part thereqf as may hereafter.~'. be determined-.by:Court Decree to exceed the share ultimately due the undersigned..~~ it i ,-II {""~.:t,,~~ ..-.~ IN WITNESS WHEREOF,I hereby set my hand and seal this "t'·l !I'Jr;'~':.I :13th day of December;-197.7.,lntendlng to be legally bound . WITNESS: ,0 .; z EXHIBITJAlil}'/( ~IS~..2//).P'~q';f; .);~~(SEAL)WILLI~1 L.~IffiNNISTON EXHIBIT D-3 ~---~-----------------~~~ W.LAWRENCE DENNISTON,DECEASED TRANSACTIONS SUBSEQUENT TO ADJUSTED FINAL ACCOUNT Account No.32-6865-00-3 Stated to March 9,1978 INCOME PRINCIPAL INVESTMENTS $6,525.54 (7,996.74) 7,000.00 2,000.00 5,000.00 ========== (7,000.00) (1,000.00) $41,731.88 (7,000.00) (24,734.30) (41,529.10) $116,992.02 ------------ 7,000.00 1,000.00 $251.53 (600.00) $263.70 7,643.59 (7,000.00) (176.82) (5,000.00) (7,600.00) 40,002.71 (33,283.51) 7,000.00 24,001.86 (21,000.00) (2,000.00) (10,000.00) -0- 4.05 33.40 11.21 34.02 11.71 7.16 17.03 140.42 132.14 208.99 38.37 (176.82) 1,892.31 ------------------ 2/24/78 3/3/78 3/3/78 3/3/78 4/15/77 5/5/77 5/5/77 6/3/77 6/3/77 7/5/77 7/5/77 7/13/77 8/3/77 8/5/77 8/30/77 Balance Final Account 3/2/77 Attorney fee to be taken 1/2 from Marilyn 1/2 William 4/1/77 Fund distribution on 13,452 units 4/5/77 Trust for Short Term United States Government Securities Master Note interest Sold 5079 units @ 7.8761 Government interest 33.25 Sears Master Note interest 68.39 Sears interest 190.51 Government interest 34.45 Government interest 35.11 Sears interest 189.30 Fund distribution/8373 units 1,205.29 Government interest 37.39 Sears interest 197.72 Advance distribution to Marilyn 9/2/77 Sears interest 9/2/77 Government interest 9/29/77 Adv.Distribution/JJawrence 10/6/77 Government interest 38.40 10/6/77 Sears interest 159.87 10/13/77Fund Distribution/837 3 units 1,169.73 10/13/771976 fiduciary taxes (41.67) 10/14/77So1d Government Note 10/14/77So1d 3025 units Fund @ 7.93449 11/3/77 Government interest 11/3/77 Sears interest 12/6/77 Sears interest 12/15/77Adv.Distribution/William 1/3/78 purchase Sears Note 1/5/78 Sears interest 78.06 1/18/78 Fund Dis tribution/5348 uni ts 775.75 1/19/78 Sold 978 units @ 7.81553 1/26/78 Purchase Government Note 2/3/78 Sears interest 2/9/78 Government interest 2/22/78 Equibank N.A.fees (from 2 trusts) Purchase Money Market Note Money Market Note interest Government interest Sears interest Redeem Government Note Redeem Sears Note Income cash principal cash Money Market Note Sears Note 4370 units Fund $6,525.54 251.53 5,000.00 1,000.00 35,731.88 ..~EXHIBIT,I AufJlT i 0o~/)y ~J1 Jot',; .--------------------------_._--_._--~--------------- MARILYN STEVENSON 1/4 SHARE ------------------ 1,000.00 ----------------......- 6,000.00 (7,000.00) 5,000.00 (4,268.20) 7,000.00 (7,219.96) (16,009 .84 ) INVESTMENTS $27,498.00 3,702.34 ------------------ PRINCIPAL 4.05 33.40 5.61 $1,404.10 INCOME 3363 units Fund IIA II cash 1/2 Attorney fee 1/4 fund income 4/1/77 sold 1958 units 4/15/77 @7.8761 income 4/5/77 to 7/5/77 7/13/77 fund distribution on 1405 units income 8/3/77 to 10/6/77 Advance Distribution 8/30/77 10/13/77 fund distribution on 1405 units 1/4 1976 fiduciary taxes sold 883 units 10/14/77 @ 7.93449 income 11/3/77 to 12/1/77 purchase Sears Note 1/5/78 Sears Note interest 1/18/78 fund distribution on 522 units sold 522 units 1/19/78 @ 7.81553 purchase Government Note 2/3/78 Sears interest 2/9/78 Government interest sold Government Note purchase Money Market Note 3/3/78 Money Market Note interest 3/3/78 Government interest 3/3/78 Sears interest 1/2 Consisting of: income cash principal cash Sears Note Money Mark.Note $1,404.10 3,702.34 1,000.00 5,000.00 $11,106.44 -------------------- WILLIAM DENNISTON 1/4 SHARE INCOME PRINCIPAL INVESTMENTS 16.75 72.40 66.14 473.08 (3,728.54) -0- (10 , 384 .32 ) $27,498.00 (13,385.14) 1,815.93 (300.00) ========== 3,563.88 (1,249.66) (8,320.88) 12,988.76 10,002.65 (21,000.00) 292.40 (10.42) 301.29 170.18 146.26 ------------------ 3363 units Fund "A" cash 1/2 attorney fee 1/4 fund income 4/1/77 sold 1270 units 4/15 @ 7.8761 income 4/5/77 to 7/5/77 7/13/77 fund distribution/2093 units income 8/3/77 to 10/6/77 10/13/77 fund distribution on 2093 units 1/4 1976 fiduciary taxes sold 1637 units 10/14/77 @ 7.93449 income 11/3/77 to 12/6/77 advance distribution 12/15/77 1/5/78 Sears interest 1/18/78 fund distribution 456 units sold 456 units 1/19/78 @ 7.81553 $1,528.08 consistsing of: income cash principal cash $1,528.08 (1,249.66) $278.42 ---------------- TRUST FOR LAWRENCE HUGHES 1/4 SHARE ------------------ $1,620.87 3363 units Fund "A" cash 1/4 fund income 4/1/77 sold 1270 units 4/15/77 @ 7.8761 income 4/5/77 to 7/5/77 7/13/77 fund distribution on 2093 units income 8/3/77 to 10/6/77 Advance Distribution 9/29/77 10/13/77 fund distribution on 2093 units 1/4 1976 fiduciary taxes sold 505 units 10/14/77 @ 7.93449 income 11/3/77 to 12/6/77 purchase Sears Note 1/5/78 Sears interest 1/18/78 fund distribution on 1588 units 2/3/78 Sears interest 2/22/78 Equibank N.A.1/2 fees 3/3/78 Sears interest 1/2 redeem Sears Note INCOME 473.08 146.26 301.29 170.18 292.40 (10.42) 72.40 22.28 230.35 5.86 (88.41) 5.60 PRINCIPAL 1,815.92 10,002.65 (7,600.00) (8,320.88) 4,006.93 (1,000.00) (88.41) 1,000.00 (183.79) ------------------ INVESTMENTS $27,498.01 (10,384.32) .(4,129.20) 1,000.00 (1,000.00) 12,984.49 ------------------ Consisting of: income cash principal cash 1588 units $1,620.87 (183.79) 12,984.49 $14,421.57 ---------------------- ,-~ TRUST FOR REBECCA SANTINA 1/4 SHARE INCOME PRINCIPAL INVESTMENTS 3363 units Fund "A"$27,498.01 cash 1,815.92 1/4 fund income 4/1/77 473.08 sold 581 units 4/15/77 @ 7.8761 4,576.01 (4,750.62) income 4/5/77 to 7/5/77 146.25 7/13/77 fund distribution on 2782 units 400.46 income 8/3/77 to 10/6/77 170.19 10/13/77 fund distribution on 2782 units 388.65 1/4 1976 fiduciary taxes (10.41)(8,320.88) income 11/3/77 to 12/6/77 72.39 1/5/78 Sears interest 16.75 1/18/78 fund distribution on 2782 units 403.54 2/22/78 Equibank N.A.fees 1/2 (88.41)(88.41) $1,972.49 (2,017.36)22,747.39 ---------===================--------- consisting of: income cash principal cash 2782 units $1,972.49 (2,017.36) 22,747.39 $22,702.52 -------------------- <J:....i .~",I IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DIVISION NO.63-69-254 FIRST AND FINAL ACCOUNT EQUIBANK N.A.(FORMERLY WESTERN PENNSYLVANIA NATIONAL BANK) AND EDNA DENNISTON,NOW DECEASED,CO-TRUSTEES UNDER WILL OF W.LAWRENCE DENNISTON,DECEASED Account No.32-6865-00-3 SUMMARY SCHEDULE A PRINCIPAL -PERSONALTY March 2,1977 PRINCIPAL -REALTY The Balance consists of the following: principal Cash 13,452 units Equibank N.A.Collective Income Fund "A" $7,000.00 Trust for Short Term united States Government Securities Master Receipts Disbursements Receipts Disbursements Receipts Disbursements pages 1-2 pages 3-4 Balance SCHEDULE B INCOME -PERSONALTY pages 4-5 pages 5-6 Balance SCHEDULE C pages 6-7 pages 7-8 Balance Net Balance Note $1~9,522 6J 22,266 8c $l17,255h2 $8,351.4C 8,351l4C I I I -0-I I I I I I $147,480LOC!ill 147,480loci i -0-I $263 109.992 0211 1 ,I 7,000 001 $117.255 j721 F========i==T I il I I III Estate of W.Lawrence Denniston SCHEDULE A PRINCIPAL -PERSONALTY RECEIPTS western pennsylvania National Bank (now Equibank N.A.)and Edna Denniston, Co-Executors of the Estate of W.Lawrence Denniston,deceased Amount awarded per Decree No. dated December 13,1971 Cash Equitable Gas Company: lease No.18499 lease No.F 75 lease No.12983 63-69-254 $1,500.00 750.00 270.00 $4,017 78 2,520loo;;6,537 781 Add to Principal 1976 Aug.1 3 Taxes paid by purchaser atsettlema"l t I, of sale $184 651 200ts III sept.9 Firemens Insurance Company,return premium Ii cancelled liability policy 16 001 I I Assets purchased 1972 Apr.11 291 units Western pennsylvania National Bank collective Income Fund "A"@ 10.2751 $2,990.05 I 1977 I I Jan.18 13,452 units Equibank N.A. ICollectiveIncomeFund"A"I @ 8.1766 109,992.02 I I ----------- I ----------- Schedule of Short Term Investments I---1972 Feb.25 $3,000.00 C.M.I.Master Note $3,000 00 Redemption 4/13/72 3,000 00 -0- Amount Forward S 6,738.43 -1- , I , • T Estat~of w.Lawrence Denniston Amount Forward S 6,738 43 1976 Apr.29 $6,000.00 Money Market Mgrnt.Note $6,000 00 Redemptioo.5/14/76 $1,000.00 Redemption 6/1/76 1,000.00 Redempt ioo.6/28/76 1,000.00 Redemption 7/30/76 1,000.00 Redemption 8/20/76 2,000.00 6,000 00 -0- Aug.16 $125,000.00 Sears Master Note $125,000 00 Redemption 8/26/76 $2,000.00 Redemption 10/26/76 1,000.00 Redemption 12/28/76 122,000.00 125,000 00 -0- Dec.29 $122,000.00 Trust for Short Term United States 122,000}00 IGovernmentSecuritiesMasterNote$ Redemption 12/30/76 $1,000.00 IRedemption1/24/77 110,000.00 IRedemption3/1/77 2,000.00 I I IRedemption3/2/77 2,000.00 122,000loo! I Unredeemed Balance 7,000.00 -0-I IiGainonConversionofAssets---- I1972 Dec.13 Proceeds,sale 28 units I western pennsylvania National Bank Collective Income Fund IIA II @ 10.9409 $306.35 6511InvestmentValue4/11/72 287.70 $18 I1973I IMar.12 Proceeds,sale 29 units IwesternPennsylvaniaNationalBank Collective Income Fund IIA II I I@10.4368 $302.67 I Investment value 4/11/72 297.98 4.69 IApr.13 proceeds,sale 20 units I western pennsylvania National Bank Collective Income Fund IIA II @ 10.3802 $207.60 Investment value 4/11/72 205.50 2 10 25.44 6,763.87 Amount transferred from principal Realty 132,758.74 Total Receipts 139,522.61 ============ -2- ---- I ,{ t'~1 I ! , i Estate of W.Lawrence Denniston DISBURSEMENTS Administration Expenses 1972 Feb.8 Internal Revenue Service,1971 fiduciary income tax $315 .3 c Register of Wills,Agent for the Commonwealth of pennsylvania,payment on account of inheritance tax: paid 3/20/73 $60.97 paid 2/12/74 23.04 $84.01 Reimbursed 84.01 -0- .1977 July 15 Register of Wills,cost of filing this account 183 .oc Equibank N.A.(formerly western pennsylvania INationalBank),trustee's compensation 94'taken 3/14/73 to 7/15/77 1,761 .5c 1$2,259 II Principal Distributions I:1976 IiSept.2 Old Elizabeth Mutual Fire Insurance Company,Ii premium $64 .311 i Edna H.Denniston,remittances 6/9/72 I I to 2/28/77 17,742 .3.::1 17,806 65 Loss ~Conversion of Assets II -1972 IJune8proceeds,sale 100 units Western pennsylvania National Bank ICollectiveIncomeFundIIAII @ 10.0089 $1,000.89 I IInvestmentValue4/11/72 1,027.51 $26 62 II, II 1973 Aug.8 proceeds,sale 21 units western Pennsylvania National Bank IICollectiveIncomeFundIIAII. I@9.9916 $209.82 Investment Value 4/11/72 215.78 5 9E Amoun t Forward $32 5E ~20,066 59 -3- Estate of W.Lawrence Denniston Amount Forward $ r • , 32 58~20,066 59 sept.13 Proceeds,sale 93 units western pennsylvania National Collective Income Fund "A" @ 9.7738 Investment Value 4/11/72 Bank $908.96 955.58 46 62 79 20 Amount transferred to Income personalty to cover overdraft Total Disbursements SCHEDULE B INCOME -PERSONALTY RECEIPTS 20,145 79 2,121 10 ~22,266 89 F===========: western pennsylvania National Bank (now Equibank N.A.)and Edna Denniston, Co-Executors of the Estate of W.Lawrence Denniston,deceased Amount awarded per decree No.63-69-254 dated December 13,1971 cash $ Final Distribution Equita~le Gas Company,lease interest paid 10/21/71 to 7/19/76 Interest-corporate Notes C.M.I.received 3/3/72 to 5/3/72 $ Money Market Mgmt.received 5/4/76 to 9/3/76 Sears received 9/3/76 to 7/5/77 Trust for Short Term united States Government Securities received 1/17/77 to 7/5/77 Amount Forward -4- 557 49 9 84~ 16 96 54 24 2,542 '78 446 40 I II I 567 1 33! 2,441.00 1 1 I \1 II 3,060.38 ' 6,068.71 I •, Estate of w.Lawrence Denniston Amount Forward 6 6,068 71 Common Fund Distributions.- western pennsylvania National Bank (now Equibank N.A.),Collective Income Fund "A" DISBURS EMENTS Amount transferred from principal personalty to cover overdraft Total Receipts 5/1/72 to 6/1/72 7/1/72 to 12/1/72 1/1/73 to 3/1/73 4/1/73 5/1/73 to 8/1/73 9/1/73 8,351.40 '~============ 161.59 6,230.30 I 2,121.10 '~ ii II i I1.60! 31 69 62 85 26 98 4 92 27 11 8 04 $ 1971 state 291 units received 191 units received 163 units received 134 units received 114 units received 93 units received Administration Expenses Icommonwealth of pennsylvania, fiduciary income tax 1972 Apr.21 1,771.43 S l,773.b3 i I I61.60 I I I 135.00 I 27.08 II 50.251 273.93~1,773.)3 Equibank N.A.(formerly western pennsylvania National Bank),trustee's compensation taken 1/24/72 to 2/23/77 Income Distributions Finleyville Planing Mill,per statement 10/6/7+-~~~~--------+_~1 Amounts Forward ~ ~ickers Brothers,per garage statement 10/71 1971 Sept.29 Vickers Brothers Garage,gasoline for farm useS Dec.17 Tony Dearmont,painting barn roof -5- ,--------------------_.__._------ It 1(I I I Estate of w.Lawrence Denniston Amount Forward $273 93 $1,773 03 1973 Aug.14 1975 Mar.12 Aug.22 Aug.22 1976 July 15 Edna Denniston,remittances 12/22/71 to 2/4/7" Van voorhis Agency,premium policy No.36517660 paid 7/2/73 to 6/30/75 orkin Exterminating,termite work Tax Collector,Ringgold School District, 1973 through 1975 school tax paid 9/18/73 to 9/11/75 James B.Patterson,Treasurer,annual assessment Old Elizabeth Mutual Fire policy No.4451 paid 11/12/73 to 12/5/75 S.W.Mutual Fire Assn.,premo payment pol. No~37782 paid 2/21/74 to 4/6/76 pittsburgh Press Company,sale ads Treasurer of washington County,1975 and 1976 personal property tax paid 3/21/75 to 7/15/76 observer Reporter,sale ads Daily News,sale ads Tax collector,Union Township,1976 township tax Total Disbursements SCHEDULE C PRINCIPAL -REALTY RECEIPTS western pennsylvania National Bank (now Equibank N.A.)and Edna Denniston Co-Executors of the Estate of W.Lawrence Denniston,deceased Amount awarded per decree No.63-69-254 dated 12/13/71 Real Estate situate R.D.#4,Finleyville,Pa. Amount Forward -6- 4,737 24 40 00 40 18 892 61 109 1 02 , 84loc I 43 i.5d, I! IIIII 257 3:31 I 18 24 25 20 I 57 12 6,578 37 $8,351 40 =========-== I , I II $26,500 00 $26,500 00 , "J Estate of W.Lawrence Denniston Amount Forward S 26,500 00 $26,500.00 2,520.00 Gain Q£Conversion of Assets 1976 Aug.13 proceeds,sale real estate situate R.D.4,Finleyville,Pennsylvania Equitable Gas Company leases: No.18499 No.F75 No.12983 to Thomas S.Alvord Decree value-real estate Decree value-leases Total Receipts and $150,000 00 29,020 00 120,980 00 $147,480 00 1, ;============I III Il33~43 i ! 109.8 11 47 01'1 $ DISBURSEMENTS Tax Collector,Union Township,1972 township tax James B.Patters::>n,Trea surer,annual assessment Old Elizabeth Mutual Fire policy No.4451 paid 2/8/72 to 12/5/75 Treasurer of washington county,1972 county tax May 8 1972 Mar.21 Aug.17 Sept.6 1973 Apr.5 Tax Collector,Ringgold School District, 1972 tax Ronald Belback,house painting S.W.Mutual Fire Association,premium payment policy No.37782 paid 2/22/73 to 3/3/75 $84.00 LESS:refund received 8/30/76 20.16 Tax collector,Union Township,1973 township tax 387 5c 586 OCI I !, ! 63 84 I I 47 9~ Apr.5 Treasurer of Washington County,1973 county tax 109.8~ Apr.13 Field and Clarke,premium policy No.KSLG 262 A 752'A Amount Forward $ 54.0C 1,539.51: -7- -------------------------------------------~.. I'" . Estate of W.Lawrence Denniston Amount Forward $1,539.5~ Aug.14 Sept.18 1974 Mar.28 Mar.28 June 27 sept.19 1975 May 1 May 27 Orkin Exterminating Company,Inc., termite work Tax Collector,Ringgold School District, 1973 tax Treasurer of Washington County,1974 county tax Tax Collector,Union Township,1974 township tax Van Voorhis Agency,premium policy No.36517660 Tax Collector,Ringgold School District, 1974 tax orkin Exterminating Company~Inc. renewal termite certificate Pittsburgh Press,sale ads paid 5/12/75 to 10/27/75 . Tax Collector,Union Township,1975 township tax 209 8~ 184 54 115 97 47 01 20 00 48168 I I 32 i 001 IIIi 97 941 47 02 Firemens Funp,Inc.,premium policy #308883 Tax Collector,Ringgold School District, 1975 tax Sept.11 1976 June 9 Aug.13 Expenses re:sale of real broker's commission pro-rata taxes state stamps gas royalties attorney fee real estate service fee estate: $8,000.00 386.92 1,500.00 54.66 750.00 1,600.00 62 121 25,00 I 12,291 58 $14,721.26 Amount transferred to principal personalty Total Disbursements -8- 14,721.26 132,758.74 ==:~~~~~~J~~ ." Estate of w.Lawrence Denniston COMMONWEALTH OF PENNSYLVANIA : :SS COUNTY OF ALLEGHENY Martin J.Randal,Assistant Vice president,Equ bank N.A. (formerly western pennsylvania National Bank),being du y worn acccrd'pc to law deposes and says t1'B t the disbursements shown in th ~account ha\e been made to the.parties entitled ther eto and that the ccc unt as st atE d is true and correct as he verily believes. EQUIBANK N.A.(FORMERLY WESTERN PA.NA~IONAL BA~iK) CO-TRUSTEE ! BY:--M-'a-r-t-i-n-J-.-R-a-n-d-a-l-,-A-S-S+tt-.-V-i-c-e-p-r+-e-s....;~I-'d-e-n-t---+-/ Sworn and subscribed before me thi s I I day of I11------+--+1- ____________,1978. Not Firy Public court in REQUEST FOR DISTRIBUTION Accountant requests that distributicr be dete accordance with the Petition for Dist~ibution evidence at the audit of this account. I EQUIBANK N.A.(FORMERLY WE~TERN PA.NArIONAL BA~iK)11 CO-TRUSTEE II BY:-II--+----+t -t_-t:-I Martin J.Randal,As::ft.Vice Pl es dent II I ~ IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PA. ORPHANS'COURT DIVISION NO.63-69-254 IN THE MATTER OF: THE ESTATE OF: Wo LAWRENCE DENNISTON,DECEASED FIRST AND FINAL ACCOUNT OF EQUIBANK N.A.(FORMERLY WESTERN PA.NATIONAL BANK),AND EDNA DENNISTON (NOW DECEASED),CO-TRUSTEES Thorp,Reed and Armstrong Attorneys-at-Law 2900 Grant Building Pittsburgh,Pa.15219 Farm RCC-33 RESIDENT DECEDENT COMMONWEALTH Of PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS COUNTY OF f1I".,.,.'.t WASHINGTON J IMPOIlTANT: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 hy the Secretary of Revenue.(Section 703 of the Inheritance and Estate Tax Act of 1aut.) IN THE MATTER OF TH,EESTATE Qf'tWarrenLawrenceDennlstona/Kia AFFiDAVIT OF_".Y!,.~,,,,,,~a.:~,:I::',,~!.l:,<;~,,,,,p',~J.:l,!.l:ts.t.()l'l,.,,.~/~/~,.,,,,,"'''''''',''"''''''''''Co;..EXECUTOR s W.Laurenc~St';E!'t\h'1n13f.b~edent) Late of ..""",,,,,,,,,,,,,Y.'!.9.,,::;;,J::l:~!.l:g:t:9.n,C.ounty)Mx,mn~xlCIDR state of "."..". Connty of Administrator :::::~~::~~:::::=:.::.=}'" ,.."."'!.c:lY.~~,,f.Et~.9.:.I:~J.:l~~':J:'.:r.::\l:.s.:t:""..QJ.tt.q~:r;,.W~~t~:r;J:1.?~~,..Nat 'l!3.~l'1~""""G.q.-Executor of the estate of the above-named decedent being duly sworn,depose and say Decedent died """",,,.,,,,,....,,,,,,Feb. (Month) 11 ......".."".",19"?"~.",,,,..,r testate 'leaving a last will,copy of which i.hereto attached.} (lIay)(Ym)LH~U{j* Name and address of attorney or} other authorized representative to whom all correspondence should be mailed. EugeneS •..,Bender,"."Trust.,Officer,WPNB ..". P.O.Box 3?90,.....Pt.:t.t:~bllrgJ1L Pa.15230",.....",.""..,,,,,,,,,.,,,,,,,.,,.,,,,.,,.,,,, That as such ..~.~.:.~.~~.~.~.~.9.E deponent is familiar with the affairs of said estate and the property con- (Executor-Administrator) 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 BN'K OR OTHER INSTITUTION IN WHICH DECEDENT RENTED A SAFE DEPOSIT BOX None THIS SAFE DEPOSIT BOX RENTED IN NAME OR NAMES OF T 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 Schedule A attached hereto and made part hereof sets forth fullv and in'detail all the real property in the Commonwealth of Pennsylvania of which decedent died having an interest therein.It also sets forth the mortgage encumbrances upon each parcel of real property at the date of death,giving the amount 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 property wheresover 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,sl\vings banks,trust companies,or other institutions,whether individuaH.y,o~"il':trust for>•• any other person or persons giving also sepl\rately the accrued interest thereon,,if a!IY,down to the last intet~est day prior to decedent's death in the case of saVings banks,and to the :ctate,of decedent's death in all other cases;all bonds,postal savings,treasury certificates or notes ;nd ~ther evidence'of in- debtedness of the Uni ted 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 SUbdivf~t~n,thel'eof,or of any foreign country,which are owned at the time of death;all wearing apparel,je;et;y,~;i~V~rware,pic- tures,books,works of art,household fu.rniture,horses,carriages,automobiles,boats~and any and all other personal chattels of whatsoever kind or nature,left by decedent,together with the fairly estimated market value thereof;all bonds and mortg8!!:es 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 (lied 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 face value,it sets forth briefly the reasons for such depreciation-as to each item;all moneys payable to the estate from'life insurance polictes carried by decedent;all annuity and endowment contracts the proceeds of which were payable upon the death of the decerlent;and all the corporate stocks and dividends due thereon and unpaid as of the date of death,bonds and accrlled 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. Subscrib€d and s"Yorn to before me this . L 07~.r2'_'f/)().................,:cay of L.~~~19 . ....>~..~~..~~~~~'~. fIIY COMMiSSIOW;::;(~l·~rm 9 1973~~er:.P~nns¥lvan{aAsSQciationof NGtilIies. (;',.' I .,., " In the case of securities of close or fami]y corporations,the values reported are as far as possible substantiated by financial statements of the corporations,showing th~assets and liabilities thereof as of the'date of death.The schedule also sets forth the interest of rlecedent at the time of death in allY co-partnership or business,and.in support of the value of such interest there is annexed to said schedule,f:l.nancial statements showing the assets ami liabilities of said co-partnership or business. A copy of tllf'eo-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 decedent at the time of death. The Schedule C atte-cheo.tlereto 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 COllY of the deed,trust agreement or other instrument creating the trust.Ther'~Is also set forth in said schedule a list of all property,real and personal,with lts value,which pa~ses at decedent's death by virtue of the exercise by dece~ent,either individually,or jointly with another,or any power of appoint- ment vested in decedent,ei tiler indivtdually or joIntly,by the Will,deed,or other tnstrument of another, with a copy of the instrlUne~t 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,and the 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 juintly with unother 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 nanie,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 f:es 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 unpaid at time of,.death;taxes accrued charge.able for period prior to decedent's rleath (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 11'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 Scherlules "A","B","C","E",and "F"as directed therein,· have been carried forward and properly registered in the Summary. WESTERN PENNSYLVANIA NATIONAL BANK BY:~,~Q~_. J~~~:~~e~19ne,Trust Officer..0 _. (Street Number) ~.~~.~.~~~E.<J.?~I?~.~.~.~.Y.~y?:.~A?.:X?..?...~..Q . (City or Town and State) NOTE:Before signing affidavit make sure all blank spaces in the affidavit and schedules annexed are filled in wi th 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 stlltements required under the paragraph allove relating to Schedule "B"are attached.Also make certain that column #1 in the "Summary"has been properly completed as Ilbove-directerl. I----------------------------- RCC-34 (1-64) COMMONWEAL'rH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU 6F COUtlTY COLLECT.IONS TRANSFER INHERITANCE TAX RESIDENT DECEDENI SCHEDULE IIA" REAL PROPERTY Real propert)'in Pennsylvania,with statement of r.lOrtgage encumbrances upon each parcel at death of dece- dent.Where property held as joint tenant or tenancy by entireties,report on Schedule II~".Property h~ld by the decedent as tencnt in cornmon with another or others,should be identified as to quantum of interest and the estimated value snould be thot of the decedent's interest only. The real property located in the Commo~wealth 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,acc~ued Interest on mortgages,etc.,.are to be listed on Schedule "F"and must not be deducted from this schedule_ All that certain lot or piece of ground situate in the Township of Union,County of Washington,Commonwealth of Pennsylvania containing approximately 117 acres at the corner of Gill Hall and Aber Rds.As recorded in the Recorders Office of the above said County in Deed Book Volume 777, page 27. Having erected thereon a two-story brick dwelling known as R.D.No.4 Finleyville,Pennsylvania (1) ASSESSED VALUE FOR YEAR OF DECEDENT'S DEATH (2) ESTIMATED MARKET VALUE (3\ DEPARTMENT VALUATION CAUTION (Do not write In this spoce) Insert this total oppositp.IIrea l property",Schedule IIA"in the X X X X X liAs Reported"column on the last page of this return. $28,000.00 ,,' Rc'C ~35 ,jCOMMONWEALTH OF PENNSYLVANIA TIUWSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "13" PERSONAL PltOPEHTY INSTRUCTIONS:This Schedule must disclose all tangitle 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".Inta,;gible pf'\'sonal property,titled in the name of the decedent,but pa~'able at death to another or others,including but not limited to P.O.D.U.S.SaVings Bonds and tenta- tive trust accounts,must be listen,despite the fact that the~'are not of the administered estate. Tangible personal property shouln be listed first (e.g.Jewelry,wearing apparel,household goods,and furnishings,hooks,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 divinends,salaries or wages,insurance pay- able to the estate or firluciary in said capacity,partnership interests,interest in anyundistributed estate of 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 listen in this schedule. Item No. ITEM List and describe fully Western Pennsylvania National Bank (Finleyville Office)Balance Savings Account No.3632 Equitable Gas Company Lease No.18499 dated 12/2/21 Well No.2938 Union Township Washington County, Pennsylvania Equitable Gas Company Lease No.F-75 Well No.44-F Union Township, Washington County,Pennsylvania Equitable Gas Company Lease No.1298-3, dated 3/10/66 (Storage)Union Town- ship,Washington County,Pennsylvania UNIT VALUE ESTIMATED MARKEr VALUE d1(/.,..:::J $552.05 p-7(/f7 1,500.00 1'11"t~ 750.0C 270.0C DEPARTMENT VALUATION (Do not write in this space) One (1)Gun Collection ) ~t1VOne(1)lot Live Stock I,f]. ) One (1)lot Farm Equipment 715.0C 1,885.0C 895.0C $6,567.01: Insert this total oppostte "Personal Property",Schedule "B"in the "As neportell"column on the last page of this return. x x $6,567.05 RCC-3b romiO~Tr~'\LTII OF PF~NstLV"Nf.\ l~lL\NSFEll INllElUTANCE TAX ILSS InE;';T DECEDENT SCHEDULE "c" TH.ANSFEftS (1)Did decedent,within two years ofdeuth,make any transfer of any material part of his estate,without receiving a valuable and adequate consideration therefor?(Answer yes or no)no (2)Did decedent,within two years of death,transfer property from himself to himself and another or others (including 11 spouse)in joint ownership?(Answer yes or no)no (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 the 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)no (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 prolnise to pay income to or for the benefit of care of transferor?(Answer yes or no)~n~o~__ (8)Did decedent,at any time,transfer property,the beneficial enjoyment of which was subject to change, because of a reserverl power to alter,amend,or revoke,or which c01lld revert to decedent under terms of transfer or by operation of law?(Answer yes or no)no (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)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 transferred,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 NONE MARKET VALUE (Estimated) '. DEPT.VALUATION (Dept.Only) Insert this total opposite "Transfers",Schedule "C"in the "As Reported"column on the last page of this return. t FtCC-38 " CCMMONWEt\tTH OF l'ENNSYIWANTA" THi'~t\SFEH INHEIUTANCE TAX Rf,SIDENT DECEDENT SCHEDULE "E" JOINTLY O'NNED PROPEH.TY r I~STRrCTI01\S:This schedule must disclose 8,11 property,real anrl personal,owner!by the r!ecedent jointly wi t.h 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 tmder 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-~wners to the decedent. Description of Property,Date of Acquisition,Name I Address and Relationship of Co-Owners,and Place I of Record of Instrument,where Real Estate.I NONE Unit Value percentage Share Estate Valuation DEPART~iliNT VALUATION CAUTION-Do not Write In This Space. Value of I Value of Entire Decedent's ,. i, I,.. Insert this total opposite "Jointly Owned Property",Schedule "E" in the "As Reported"column on the last page of this return. "., RCC-37 (12-63)•COMMONWEALTH OF PE;-':;-';SYYU.NIA I "TRANSFi~I\I~mEHITANCE TAX RESIDENT DECEDENT SCHEDULE "D" BENEFICIARIES '. -, BENEFICIARIES AND ADDRESSES RELATIONSHIP I T(If step·children or 'SURv IVED DATE INTEREST OFstatefullnamesandaddressesofallwho'Jl "h'Id I DECEDENT OF BENEFICIAHYlegitImatec1renSTATEYESaveaninterest,vested,contingent or other-are Involved,set OR NO BIRTH IN ESTATE wise,in estate)forth this fact.)I I Lawrence Huqhes qrandson yes I specific R.D.#4,Finleyville,Pa.I I I -, "" Edna Denniston wife yes I specific R.D.#4"Finleyville,Pa. Western Pennsylvania Residue Trust "B" National Bank and Edna Dennlston,Co-Trustees I i .' ~ ;I i - I I i .'I --!I Deponent further says that all the above-named beneficiaries are livin~at this time except below: NAME None DATE OF DEATH RESIDENCE Deceased REPORT AND APPRAISAL ~IATTER OF THE APPRAISE?-.IENT Warren Lawrence Denniston t· f ., • (Executor-Administrator must complete "As Reported"column #1.) ()....,'"tl ~...,..,ro ro0$:I)...,$:I)Vl :::l Vl -Vl Vl 0......:::l '"tl~]ro J;-'..,..,-0Po'Vl:><"0::.>'"tl roCJ..,-. ~0 ...- "0 '< t=j ~.., Vl ...-...-.<: $:I) ~ro!I!II I IIIIIIIIII U)c:s::~>::::--><:C/)en enn~n?"?"?" q ~>;......- .'*-&'>-Ef)~~~'w ::tv:~~O'.0:>;: ~....Vl:In 'Ln :0 _ '0':0':0 ....,_ -...]~-...]~o.g -;.:.0- 0 :0:0 .., Ln ,LnO ~ .-- Q~ ~'""-,~~"\r t ~~(d, ~~~,~~'(~~(~\.1ftQ.~(> " Year D:THE !No. OF THE ESTATE OF Late of :Fin.leyy.i.1..1.~. Commonwealth of Pennsylvania County of Washington.,-. Will Administration Ralph T.DeStefano,Esquire 2900 Grant Building Pittsburgh,Pa.15219 o :0 :'"':CI --.,.. .\____________A .' .~~,~~o:~:l't_::C);:::-t-:> ,",c :3-:"'-J :<::>::.:.:.;2 .9.: L,.l' fh,*-Ef)~*,* ~. ;~ :~.'"''-.1LII '1 ~-.. 37-193-4 RCC-SI (2-64) COMMONWEALTH OF PENNSYLVAN IA • DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS INHERITANCE TAX DIVISION NOTICE OF FILING OF APPRAISEMENT IN YOUR REPLYPLEA8. REPER TO J EDNA DENNISTON &WESTERN PEI'::lJSYLVANIA NATIONAL BANK (Executor~~~), In Re:Estate of ...:.\'~rAl=o:il=o:REN='~;:.::.T..;:LA=WREl=~::;.;\],:;:.CE;;;....:D~EN;:;;:.:;N:.;;;I;,:;;S.:;.TO;:;.;~N:.:...__ _____i,:.:;'JAS:,=.:H;.:;;:I:;.:,N;.:;;G..:.,T.:;.;OI;;:.,'J County -File No.63-69-254 You are hereby notified that the original appraisement in the estate of Warren Lav~ence Denniston has been filed in the office of the Register of Wills Qf WashinFton County on April 9 ,19~.Said appraisement reflects the following valuations: Real Estate ...:2:::.;8::;;.:,1.::0::.::0;.;::0;.:..,;;;,00;:;.....__ Personal Property ~6~,~56~7~.~0~5 _ Transfers ~~_,.-_ Total .......3:.l;1;4oa.,~56:.::.7~.~O:..o5:..--_ As to such tax that is paid within three months from date of death,a five'(S.)percent discount is allowable.As to any tax that remains unpaid after one year from date of deatn,interest at the rate of six (6.)percent per annum is charged. Any party in interest who is aggrieved by an appraisement may appeal therefrom as prOVided by law. Date ;..;A~p~I'1:.=·:.=1~9.l..'..:1;:.:9:..:,7..;;0 _ DATE OF DEATH:February 11,1969 Note:This is not a bill. SiQnedQJ.12 cl",~8_~~ Title \'1,R.CHANEY,CH~APP11,AIS:rn C15M.MO'NWEALTH OF PENNSYLVANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT SUMMARY Estate of DENNISTON, (Last Name) liP.RFi.EN (First Name) 1A\,,jRENC~ (Initial) DATE OF DEATH_....:.::2-=-1=1=---=-'69~FILENO.63-69-254 REPORT OF INHERITANCE TAX APPRAISER Dated:....04:t.-;;:,,0"'-9L:.-:..L7-"'0'---_ 02-11-69 I,the undersigned duly appointed Inheritance Tax Appraiser in and for the County of \'lashington 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". C11~~~ REPORT OF THE REGISTER OF WILLS I,the undersigned duly elected Register of Wills in and for County,Pennsylvania,do respect- fully report that I have allowed deductions in the amounts claimed by deponent,except as to those items 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:_ REGISTER OF WILLS 28.000 0061:.,-67 OS 34.567 05 $28.000 '00 (..,~&)(..,?Ot:: ?'L.•r::,67 Or::, VALUE AS REPORTED VALUE AS APPRAISED VALUE AS REAPPRAISED $$-------+-- INVENTORY Real Property (Schedule A) Personal Property (Schedule B) Transfers (Schedule C) Joint-Held Property (Schedule E) TOTAL GROSS ASSETS Less Debts and Deductions (SCHEDULE;F) CLEAR VALUE OF ESTATE Valuation of life estates or annuities . ESTATE TAX ASSESSMENTS :--=1= FOR USE OF REGISTER ONLY Tax on $_.-+-__ Tax on $----------+---7 Tax on $----------1--Tax on $--1__ Tax on $-!-__ Exemptions========I==Total Estate ....L..__ TOTAL TAX 10% 15% * COMPUTATION OF TAX $_._--------1-- $-------+-- $-------+-- $-------+-- $---------+-- $-------'-- (*)As evidenced by Charitable Exemption Certificates issued by the Secretary of Revenue. Less tax previously paid BALANCE Less 5%of tax if paid within 3 months after death ::~::==t= BALANCE OF INHERITANCE TAX DUE $$L'Add interest at rate of 6%from_____to _ AMOUNT OF ESTATE TAX ASSESSED $------IL- Estate tax paid $--Jl- BALANCE DUE $---.JL- Add interest at rate of 6%from ------lto-----TOTAL TAX BALANCE :==========~~ PAID $--..lL FOR USE OF REGISTER ONLY ADJUSTMENTS NOTE:Where subsequent 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. Will t...No.Admlmstration IN THE year . MATTER OF THE APPRAISEMENT OF THE ESTATE OF WARREN.1A~ffiENCEP~NISTON Deceased Late of . County of .FINL.EIVlILE ..'ViASHING'lON . Commonwealth of Pennsylvania REPORT AND APPRAISAL F Form RCC-2 DEPARTMENT OF REVENUE.., BUREAU OF COUNTY COLLECTIONS),.- HARRISBURG,PENNA.17127 COMMONWEALTH OF PENNSYLVANIA RESIDENT INHERITANCE TAX APPRAISEMENT DATE Ap:r.;i.l ..9,J:97.9 . COUNTY W~e.b.:j::!.l.gt..q;t . FILE NO ??:.?9.::.?.?..4.. Whereas..W:?:r.r..~.n 1.?:xr.r..~n~..~p.~D:.:i::>:t:-gP late of ~.~~.E:J;Zy.:i}~~. in the County of .J:l.?:.~.t4.!.l:l?;~.9.n..Commonwealth of Pennsylvania.having died on the l..l t.b.day of E.~:b.F~.Y 19.?9.seized and possessed of an estate subject to Inheritance Tax under the laws of the Commonwealth of Pennsylvania; Therefore.I 3f..,.R QB.ANJ);X..................................... ,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. REALTY: Description of Asset Unit Values $ Appraisement Made for Inheritance Tax Purpoles All that certain lot or piece ()f ground situate inI------------------=-----=--------------f----ft-------f--.- the Tovmship,of Union,County of \~as'hington,Corrrrnon- wealth of Pennsv1vanian containimr aDDroxima.telv 117 acres at the corner of Gill Hall and Aber Rds.As re- corded in the Recorders Office of the above said County in Deed Book Vol.777.page 27.28,000 00 I I----------------------------------------t-----tl-------+--: PERSONALTY:~==.=::::===----------------------t__-_U_----_4_-: 1----=S--=e--=e--=c.:::,oJ::.lL,py_o=.:f:..-.;S....:c:..:::h:....:e....:.d;.:.:u:..:::l..:..e_IfB_l_1....:a....:t:....:t....:a:....:ch_e_d_t_o_a-"p'-"D~r_a_i_s_e_m_en_t ---+---tt 6:....,5_6_7-+-_0_5_: I---------------------------------------+----tt!------t---; I-----------------------------+----H-----+--I I Total 34,567 05 Having been duly sworn accg.r.ping../~w.I do hereb ce ~t e above appraisement is made in c~-d formity with law on this ...~day of ..........:..~~·:·,·0"·JJ."·;1·""','"..~9~~.AO "'Y'\:.......~-Appraiser'"'-- 'j);(M\;Zh.~~~t).......... .........-~0 ...Penna.(Post Office) J WASHINGroN County RESIDENT INHERITANCE TAX APPRAISEMENT Estate of WARREN LA\'JRENCE DENliJIS'ION Deceased. Late of FINLEYVILLE Date of Death,f..~p.;r.1.,@;ry.U,.b.9.6.9.. Appra1°semel!t Docket Volo,.3.7.. Page,-+.93.':':':4 No..q3..~.q.9':':':?54.. Filed in Register's Ofjice,.Ap;r..:i,..b 9..,197.Q. Amount of tax due,?J . DEPARTMENT OF REVENUE Received, Examined and Approved,. Wrote ab(),ut Appra.isement, Appeal f"om Appraisement,. Entered and charged,. , • " -----~~~- t;,3-(;,f -eX-S'/..}~~410J-,OFFICE OF THE STATEMENT OF DEE3TS THE SUM OF ............$............. 'REGISTER OF WILLS AND DEDUCTJ.c0NS D,,~~t~-11'lashington0")-COUNTY AND AGENT 0,..THIt COMMONWEALTH _f1_.____...~ Regill..of Wills.A ~ Warren Denniston_.._.___LATI 01"__F2-.nleyvi lIe ________...ESTATE OF -_. April 9,1970 DATI 01'DIATH February 11,1969["IAn:or FILING APPAAISIMINT --_...__._-----,-_.._.'.'. --_..,-_...--_.._.~.._._...-.. DATI':NO.OF Itoif'c ,,!Ayr;:.OF :;tYEE $J -l~\/REMARKS AMOUNTVOUCM~"I_~""'".~ 1969 'J ....,......ltV 'f'...~.1 ~'~AA ,n.......~~-(p {'"'''V...."/P -'JJune17EdnaDenniston family exemotion -C"rl!=:h lnt:;nn. family exemption - R95 00June25EdnaDennistononelotfarmeauioment . 1969 3 Register of Wills Office probate of,~ill and five 24 I:)nMarchshortcert~~cates March 13 Washington County Reports advertising Letters Test.14 00 April 3 Mononqahela Publishinq Co.advertisinq Letters Test.1 2 I:)n April 7 Joseph Gilmore,Jr.service fee for appraisal 75 00 1970 .Rpai!=:tpr nf will!=:()ffir-p LlMarrh1 1 r-nst of filing;Tnventnry no..._ March 11 Register of Wills Office add'l cost Grant of Letters 9 00 -_... 1971 March 15 Reaister of Wills office cost of filina Account Rn C2..0-.- March 15 Ralph T.DeStefano,Esq.professional servo rendered 1.465 00 March 15 w.pa Nat'l Rank Co-:or's I~;=trinn 1 iin nn 1969 Iwashi h;=tl;=tn~e due ~17..-15 U ~JI ~n~rli tal .~.'.:L June 17 Edna Denniston reimburse.for funeral exps.1.272 22 1\Tf"\U I?Ll w.Pa.Nat'!.Bank Consumer Loan No.047203039 539 62 Nov.:24 Reaister of Wills office Penna.Transfer Tax lnR q5 Nov.!24 W.Pa.Nat'l.Bank Real Estate service fee 653 70 t~~~l 7 ~P Vrln ."L i !=:'ce fee for i..!=:;=tl Lln nn Apirl 7 w.pa.Nat'l.Bank senrice fee for inspection 50 00 May 15 David Simpson,Tax Collector 1969 Union Twp.Road Tax 40 25 June 20 Treasurer of Washinaton ctv 1969 Real Estate Tax 1 17 nc:; June 25 David Simpson,Tax Collector 1969 Ringgold Sch.Dist.Tak 338 50 - June 25 Field and Clarke,Inc.pub.liab.ins.premo paid 48 00 .Tnl v :2S pi tt-c:::hl1rah ~~'nv salp ads ?7 nq Oct.13 Mononqahela Publishing Co.sale ads 11 50 J 1($7,267 ~ 1"~wJ /7 ll4A~MI~=5~~F---t:i(J COMMONWEAL.TH oFdpENNSYLVANIA }..:COUNTY OF Allegheny I.Robert c.Atwell.Trust Qfficer,WPNB HEREBY CERTlI"Y.THAT.TO THE BEeT OF MY kNOWLI!:DGE AND BELIEF.THE FOREGOING 18 A JUST AND TRU It erAT.MENT OF DEBT8 FUNERAL EXPENSES AND EXPENSES 01" ADIol.NISTRATION SUBMITTED TO THE ElJT"TE 01"Warren Denniston .DECEASED.AS DEDUCTIONIl I"OR INHERITANCE TAX PURP08ES._Jl1d~e.M-veli't4 (L.Ii.) SWORN AND SUBSCRIBED BEFORE ME THIS ?DAY 01"Robert C.Atwell,Trust Officer'>if::::;~;-:I ,,'Notary Public .-.:tJ1.ZZI.'cr:-4RY PLBl.:r; p "sBUIlGH~.All EGliP1Y COU'lTY ,.:.,':.:••.1.S~il ';,liltS "I'RIL ~.1973 :ilf",iJ[Pt '1sylvaniaAssoc'i1tlOnl1l'.:, ._....._-...-._..>_.".__.____~._.__._~.~A___·_•____••___•____•••_,H___•__-'-___~.____•___._._._•.••~___••__••_._.___._.____...______._"_••____•____~___•______~.________~____._•.__•___.__•------ j ~~ Washington Forni HCC-33 RESIDENT DLCEDE:'\T ._."APPRAISEMEN1:-0N CONSUMPT.ION OF.PRING~PAt OF EIFE ESTATE~,,'"-\.'..~.;-..~-,...,.....~~.;:<-..I '.~...':;)'f ___ CO~TH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS COUNTY OF--_...._---....;-.-----------~---'----------------:----OIPtJlll.\'iT:Th i"return mus t be completed in detail anrl filed in duplicate,with will attached.wi th t iiI- lIegister of Wills of the County where decedent resided;Return is due within one year al't.pr lht.l~of'deatli,unless an extension 1.s granted hy the Secretary of Revenue.(Section 70:1 of' t Ii..Inheritance and Estate Tax Act of HHiL)--_.._._..._...----~--------------------------- Trust Officer, Co-Eueutor 'I I(ss: ...)James H.Garrett, Pennsylvania~a.:..~.~ona1 Bank,Western WashingtonCountyof State of . 11J:.,'I'HE MATTER OF TilE ~STATE~r }Law~~~~~nDe~~I~~g~~7R?~Sw~~~~~~~~~~~.u....~~;:.u:::OF (State full name of decedent)Dennls ton Late of \"lashington County ~ Pennsylvar:l.~c:\. of the estate of the above-named decedent being duly SWOt'II,depose and say \ N,lme ~:l'l ~Jdress of attorney (>r l other auttl'Hized representativf'to, '-J,'h()f:;l:!(rresponnencc should f,-I IT!::li led. Decedent died February (M.•nt"I 11 ,196..~,j testate leaving a last will,copy of which is hereto attached,J1 \11'"-")(V )LXiKM~e Eugene S.Bender,Trust Officer Westenl Pennsylvania Na'fiOriaT Bank. P.O.Box 3390,Pittsburgh,Pa.15230 r h h Co-Executor d t'f 'I''th th ff"f 'd ttl th .rtrat<1:-;sue epo,nen IS aml Jar WI e a alrs 0 sal es a e ant e prope y con-CO"t1·:x,·,·"tor~~M~KOO sti.tuting the assets thereof and tlleir fair 111arket value, Thatat the time of (!I'ath there W%'.S no safe deposit box registered in decedent's individual name,or jointly with,or as agent or deputy of another,:)1'in decedent's individual name.with right of access b~'another as agent Of deputy,with the exception of the following:- RELATIONSHIP OF JOINT HOLDERS TO DECEDENT =========-==========;;===============.:======THIS SAFE DEPOSIT DOX RENTED IN NAME OR NAMES OYNone ------_._----_._-_._-_._--- -----------------+---------------- +----------------+--------- ======:!========--====!::::====== '[bitt the content.s of saio safe deposit box or boxes are itemized under Rchedules of this rC!t!lrll,"ith t.he exception of the following,for the reasons hereinafter set forth: Th/l t Schedule A (lttached hereto and made part hereof sets forth rill 1v and in detail f11)the r'>ld pro)'Pt'ty in the Commonweal th of Pennsylvania of which decedent died haVing an interest therpln.It it I sn ",-,ts forth the mortgflJ1."enctullbrances IIpon each parcel of real property at the date of dealt.,.v,1ving thp flITlount still clu"at d,~ut.h.name of mortgagee,date,ra.te of interest,and hook and page of record thpreof.It 'also SI'ts forth in the columns provided therefore the aSS(~Ssf~rl valuation of each (If said parcel s,th"estimated market value thereof as of date of death of decedent. That Schedule B /lttached hE'reto and made part hereof sets forth fully and in det.ail all!'''rsonal I'r,,!,prt~·II'lleresQver "1 tUllteri owne,i by the decedent at the time of death;all moneys left hy thp.d(!(:edent lit the timE'of deat.h,whethpr in decerlent's immediate possession,standIng to decedent's I:rerlit ill banks n f'd'~posj t,savings banks,trust companJes,or other instltlltions,whether individually,or in t.rust for--.","'any othpr person or l'ersons giving also separately the accrued interest thereon,ifcanY".down to t!ie last. interest day prior to oecedent's death in the case of savings banks,and to the dai'e_df decedent's delith .:'......I............... in all other cuses;all bonds,postal savings,t.reasury certificates or notes and'oth~~evidence of In- .'.&0 \i,lIdebtednessoftheUnitedStatestothedecedent;all obligations,whether by statyte,or agr'e~ml:nt they are dfJ.si~nated /IS tax free,of the United States,or any state,or political SUbdiJiSio~/thereOf,('1'of "ny forpign country.which are ownefl at the time of death;A.II wearing apparel,jewel.ry:~i~verw.are,pic- turps,books,works of al't,household furniture,horses,carriages,automobiles,boats,and any lind all nthpr persollftl ch/lttels of whatsoever kind or nature,left by decedent,together with the fairly estt.mated marke t vallie thereof';all bonds and mortg8!!es held by decedent and of all claims due and owing decedent ,It.the time of tieath,and all promissory notes or other instruments in writing for the pliyment.of money of which oecedent nied possessed,of whatsoever nature,With interest thereon,if any,giving the face vllllle anti estimateo fair market value thereof,ann if such estimated fair mA.rket v/llue be less thlin the face valllP,.i t sets forth briefly the reasons for such depreciA.tion ·as to each item;all moneys payable to the I~st.ilte from IU'e insurance policles carried by decedent;all annuity and endowment contracts the proceeds of Which were payable upon the death of the decedent;and all the corporate stocks and dividends rill"?t.hereon and unpaid as of the date of death,bonds lind liccrued interest thereon to the date of dece- r1pnt's death anel other investment securities owned by the decedent at the time of r1elith,with the market \'aIIlP t.hereof'at such time. ...-•....... .In t.he Clise of securities of close or famil y corporations,the values reporteli are as far as possihle suhstllnt.tat{'li hy financial statements of the corporations,showinl';the asset.s /lnd l1ahllit1es tht'renf liS of the'l1lite of de/lth.The schenllle /llsn sets fort.h the interest of liecedent at the Ume of Ileath in lin~'co-plirtnership or business,ann in support of tile value of such interest there is annexed t.o sain schelillle,f'inlincial statements showing the assets ann liabilities of sa·id co-part.nership or business. "copy of thp co-partnership agreement,(if oral,a statement setting forth the nature of the agr{'ement.) together wi th a statement setting forth the character of the business,its location,and such other facts p{'rtlitntng to the husiness as may be pertinent to a fair lind .lust appraisal of the decedent'8 interest. thprein HUlst be sllhmitten.It should also set forth in Hemized form,together with the fair market valul'? there'of,any other property owned or bequeathed by the decedent at the time of death. The Schedule C attached hereto Ilnrl made part hereof sets forth a true answer to each inquiry contaIned therein anrl in the case of transfers ofproperty,real or personal,within two years of decedent's d{'at.h,in contemplation of decedent's neath,or intenrled to t'l.ke effect in possession or enjoyment at or after neath,sairl schedule sets forth the nature anrl value of such property,to whom transferred,the relationship of the transferees to the decenent,the proportionate share receiverl by each trlinsferee and all other facts of a pertinent nature rel';arding sain transfers.In the case of transfers intended to take effect.in possession or enjoyment at or after rleath,there is also attacherl to the scherlule a copy of'therleerl,trust a~reement or other instrument creating the trust.Ther.~is also set forth in said scllnrlule /l list of all property,real and personal,with its value,which pa~ses at decedent's death by virtue of the exercise by decedent,either indiVidually,or..1ointly with another,or any power of appoint- ment vested in decedent,either individUlilly or jointly,by the Will,deed,or other instrument of another, 'Iii th a copy of the instrument creating such power attached to the schedule. Th~t Schedule D /lttached hereto and made.part hereof sets forth the names and addresses of lill persons beneficiall y interested in this estate at the time of decedent's rleath,the nature of their res- pectin'interests,their relationship,if any,to the decedent,to~ether with the ages at the time of o.ecl:'rlent's rleath of all minors,annuitant.s ami beneficiaries for life unrler rlecedent's Will.It also cont.ains a stat.ement shOWing which of the beneficiaries nl\lllen in t.he o.ecerlent's Will,if any,died prior to o.ece,ipnt.,the rlates of their death,their issue,l\Ilo.the reiationship of such issue to the,beneficiary. ThlH Schedule E attached hereto and marle a part hereof sets forth all property,real and per- sonlll,ownerl by the decedent jointly with linother or ,others,including intang;ible,standing in the name of the necerlent anrl others,plus the date and place ()f record of instnunents effecting the vesti ture of real estatp ilnri the date of acquisition of personalty,plus the nl\llle,address and relationship,if any, of CO-Qwnel"S to the decedent. That.Sch~dule F attached hereto and made a part hereof sets forth fully and in detail all rlebts ano.deductions claimeo.for and on behalf of this deceo.ent's estate,inclurling funeral expenses pairl; family exemption,where applicable;costs of administration of this estate;counsel fees ann fudiciary's conunissions paid or to be paid;cost expenden for burial trusts,tombstones or gravemarkers,and reli- gious sprvices.in consequence of the death of the decedent;debts and claims owing anrl unpairl at time of death;taxes accrll~o.chargeable for period.prior to decerlent's rleath (except.those allowerl under Section 651 of t.he Inheri t aIlee and Estate Tax Act):together with a statement of collateral pled~erl for Obliga- tions,if any.It is agreed that the fiduciary will present proof of said claimed obligations upon re- quest,that if the Rmount actuall y paid in settlement of any fee,commission or debt is less than the estimuterl amollnt claiming and allowed,that the same wtll be reported to the Register of WillS,and that the 6m()!mt of'tax assessed can be reassessed in accorrlance therewi tho That the totllls of the appropriate columns in Scherlules "A","B","C","E",ano."F"as liirected therein, have been ~arried forward and properly registered in the Slmmary~.WESTERN PENNSYLVANIA NATIONAL BANK Subscribed and sworn to before me this .. /..f~day of ~..'C:::.~..:~~7..19 6r By:/~. ...........6..·..rE;;;;;t~~~rTr·us·E ...oTflcer Ave.&Smithfield St•....'~;J~~~~~~~~;~~;~r;~~~,:'~..··~~·~~·:~:~;;~··~:~b;;f~;·~·~······..····..··..·.. ~~.HSS::.JI-l cXPiil~'S APRIL 9.19 13 . .".:.,r.Pc'Insylvanicp,ssnci?thnctNot"rl'(City or TOtOn aM State) NOTE:Before s'lgning affidavit make sure all bllink spaces in the affidavit and schedules annexed /lre filled in with details or the word "None",ano.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 r:lata Illlrl st.!l.t.ement.s requirerl unrler the paragraph above relating to Scherlule "B"are attached.Also make certain that column #1 in the "Sununary"has been properly completed as above-directed. COMMONWEALTH OF PENNSYLVANIA TRANSFER 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.O.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 of 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 No. ITEM List and describe fully UNIT VALUE ESTIMATED MARKET VALUE DEPARTMENT VALUATION (Do not write in this space) 1.1972 consumption of principal 1,207.60 Less:Value of life estate attributed to Edna H.Denniston Life Teant age in 1972 -81 Factor applicable .15849 Value of life estate previously paid 191.39 Clear value of consumption of principal Insert this total opposite "Personal Property",Schemlle "B"in X X the "As Reported"column on the last page of this return. sellEDULE "n" .-.,._~r'.- ...-::'"'.RCC-37 (l?-€>;,) Cml:\Hl'\\n:..\I.TH or Pf::\\SYYI.ANIA THVJSFEI\t:\IWH1T.\!\l'\~TAX REsmt:i':T PECEI>ENT BEl'\EFICIAHIES INTEHES'r OF BENEFICIAllY IN f<:STATE ]);\'1'1': 01' Ini{TH -------_.-.__._--_._-_.._._._.___.---'-----'--'--____-------:,=:-_._.======::;:::::::=====:::;::=:=============== --l~-t:N-:r:F-f{'-lA-R-I-E;-~~r)-~~~~;;;;~SES-----·1!---(IY~EAI)~j~I~~~;P ~-I SURVIVr:D I l S fat p fu11 nar:](',;and acid l't':;f,l~S of all who dlcgitimnte children I DEC:EI?ENT 1 haw an inte!'pst,\'e,:ted,c'ontiI!gent or other-I arc involved,set STAff.YES I \ljSl',i:1 <',.,LaLe)!f(jrth this fact.)OR NO I-----..-----.-.,---,-.------:.---Ir------+----_~_a_wre.n~~__H~9h_=,~__. .._+---_-~---~.!-l ..._ _~..:p.#4 Finleyville,Pa._t-~..E_a_n_d_s_o_n___+--y_e-s--+--------t--~cii.i-C ______.__...__...~__L .__...._.-++----- Edna Denniston I I --R-.0-.-#4-,-;-ini e~v i i-le,--P-a·-.-+-1-w-i-f-e-----+[I --y-e-s----+i-----~·-~·c ific --=---_:...-_--+--------+~---+--~---+--=---~-------I :---.-----..-----...----------+--------r-.-----+-------j------------- _w_e_~!_e_rn__p_e_n_!1_sy.~._v_a_n_i_a +-.__-+-++_ National Bank &Edna Denni~ton,Co-Trustees-------.,----.-.---------t--------+-----+------t----------:----- I Residue Trust B______-+---J~---.--+----~---- I---.--....--------~---~--------+-----_+-------f-------------- ----------..--..--.------+--.-------+-.-----_+---r-----If-------~------- -_.-·------'-------------+----------+----------'1------1-------..--------- --------_._---------+-----------~-----+--------+-----------_. -------------------+---------+------r-.----I--------·-·----.... ------_._------------+- -----------.-------+,----------+-------1'-'------+---- =~~_.._-_-_~_~_~_-__-_-_--_-_-_-_--11=_··_----t----t-----+---.-.---:.._ =----=----'-r----+-----'---+---+----- --------------J--------l------t---:----+------------- -----_._-------------+--------+-----+------~------'----_..-'----- Deponent further says that all the above-named beneficiaries are living at this time except below: NAME DATE OF DEATH RESIDENCE Warren Lawrence Denniston a/k/a W.Lawrence Denniston a/k/a W.Laurence Denniston Deceased 1:"1 THE .\IATTER OF TilE APPHAISE~lENT OF THE I"-.,.....) ~~'1.I.. (Executor-Administrator must complete "As Reported"column #1.) 0 >-l "tl ::::c..,..,C1:(l)0 III ..,e:..Vl ::s '"Vl '"0 >-l .....::s "t:l(l)~...... III '"0 '"'0III"t:l (l) 0-...... (t ·0 -<"0 tr:I (l)... '"........'<III....(l) Rus;:'F::L.L ;,\J:\\,<,\N0 REG1STEi~Of WILLS ViASri1NGTON CO.,PA. ~:-ij FO --~i l_1_-.~~f, '13 Jr,!1 ZJ M1 \\46 Year 63-69-254 ESTATE OF Will {~ .-\dministration f j o. L.lte of .Finleyville REPORT AND APPRAISAL Commonwealth of Pennsylvania Ralph T.DeStanfano,Esq. 2900 Grant Building Pittsburgh,Pa.15219 County of Washington enc:::: :::::>~ W en en >< ()() ?"'?"'?"' g ~~-- ~~~~~~ .-............>......Vl 0 0 -............~.- (jI (jI ~.::..~rv rv............ ~~~.:P.~.:Po :,;.. .r " ~ ~;; ""' ;'r .~(J;,-." -;,- RCC-Sl (6-71) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS HARRISBURG 17127 NOTICE OF FILING OF APPRAISEMENT JAMES H.GARRETT (Executor QlUl~ IN YOUR REPLY PLEASE REFER TO Inheritance Tax Division ,; In Re:Estate of W=A=R=RE=N~L~AW~RE=N,-,-,C",-"E~D~E~N~N~I!!o!.ST~O!!!JH~_ WASHINGTON County -File No.63-69-254 Dear Mr.Garrett: You are hereby notified that the Consumption of Principal of LIfe Estate appraisement in the estate of Warren Lawrence Denni ston a/k/a has been filed in the office of the Regjster of Wi lis of Washington County on January 26 ,19...11,Said appraisement reflects the following valuations: Real Estate _ PersonaI P roperty __----""1'-J,--"O'-"'1..,,6.......w2.....1"'---_ Transfers _ Jointly Owned ---=_ Total 1=.,...,O=1=6,,--,,"--,2~1~_ 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 nine (9)months (fifteen months when death occurred from December 22,1965 to June 16,1971,inclusive; and twelve months when death occurred prior to December 22,1965)from date of death, interest at the rate of six (6%)percent per annum is charged. Any party in interest who is aggrieved by an appraisement may appeal therefrom as provided by 10W'~ Dote January 26,1973 SI9ned~~<d-~<\ Title __A_P_P_RA_I_SE_R_I _ DATE OF DEATH:February 11,1969 Note:This is not a bi II. r AP~RAISEMENT ON CONSUMPTION OF PRINCIPAL OF LIFE ESTATE R'pC-39 (5-68) COMMONWEALTH OF PENNSYLVANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT SUMMARY !Estate of DENNISTON,\vARREN I (Last Name)(First Name) LAWRENCE (Initial) DATE OF DEATH 2-11-69 FILE NO.63-69-254 REPORT OF INHERITANCE TAX APPRAISER January 26,1973Dated:---------'----- I,the undersigned duly appointed Inheritance Tax Appraiser 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 Schedu es "A","B","C",and "E". INHERITANCE TAX APPRAIS REPORT OF THE REGISTER OF WILLS I,the undersigned duly elected Regis ter of Wills in and for County,Pennsylvania,do respect- fully report that I have allowed deductions in the amounts claimed by deponent,except as to those items 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:_ REGISTER OF WILLS 1.016 21 1.016 21 None 1,016 21 $ 1 016 21 1.016 21 None 1,016 21 VALUE AS REPORTED VALUE AS APPRAISED VALUE AS REAPPRAISED $$-------+-- 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) CLEAR VALUE OF ESTATE Valuation of life estates or FOR USE OF REGISTER ONLY Tax on $------:--=:=-=---t,;=-- Tax on $--=1~.-=0:.::1:..::6:....;=2::.:1~ Tax on $---------+--- Tax on $-+-__ Tax on $---------f--- Exemptions========*==Total Estate ---J - TOTAL TAX % 6% o 10% 15% * COMPUTATION OF TAX $-----_x-+...........--$.=.6i-=-+I09=..7.=..-- $------__4-- $-------~ $--~---__4-- $-----_--...:1-.-- (*)As evidenced by Charitable Exemption Certificates issued by the Secretary of Revenue. Less tax previously paid BALANCE Less 5%of tax if paid within 3 months after death ::::::::::"'=.t===== BALANCE OF INHERITANCE TAX DUE $l= Add interest at rate of 6%from _____to $------ AMOUNT OF ESTATE TAX ASSESSED $------Il- Estate tax paid $-..Jl- BALANCE DUE $----IL- Add interest at rate of 6%from t= ------lto-----$-------l' TOTAL TAX BALANCE $------lPAID$....J ,.' FOR USE OF REGISTER ONLY ADjUSTMENTS NOTE:Where subsequent 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. Will { Administration ~No......Year . IN THE MATTER OF THE APPRAISEMENT OF THE ESTATE OF WAREN LAWRENCE DENNISTON a/k/a..... Deceased Late of 'vASHINGTON J County of WASHINGTON Commonwealth of Pennsylvania REPORT AND APPRAISAL .< .,J l'""unn RCC-2 DEPAETMENT OF REVENUE. BUREAU OF COUNTY COLLECTIONS ,,~ HARRISBURG.PENNA...17127 COMMONWEALTH OF PENNSYLVANIA RESIDENT INHERITANCE TAX APPRAISEMENT TE January 26,1973DA. COUNTY ..:!:!.~.~.P...:i.:~.g~.~.~. FILE NO•.......~..~.::::.§.~.:.~.?.~. Whereas,W~r..r..~p.~~W.r..~~.~.~~.~.~~.~.~.~.~.r.>:~.I.~I.~iate of ~~~.~.~~~.~~~.~. in the County of :Wa.shingt..Q.n Commonwealth of Pennsylvania,having died on the l.l..t..h day of ~.~.~!.~.~.~19 ~.~.,seized and possessed of an estate subject to Inheritance Tax under the laws of the Commonwealth of Pennsylvania; Therefore,T,F.r.ed T.o..si.,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. Unit AppraisementDescriptionofAssetValuesMadeforInheritance APPRAISEMENT ON CONSUMPTION OF PRINCIPAL OF LIFE ESTATE Tax Purposes $ PERSONALTY: T (~.....,- ~...".... 1972 consumption of principal 1,207.60 Less:Value of life estate attributed--to Edna H.Denniston Life Tenant Af!e'in 1972-81 F~~1-nr :'-T\T\'~~~hle .15849 .. Value of life estate previously .191.39 \naid , . Clear value of consumption of . ,.principal ,..",...1.016 21, l ; '...~. "I I I I..,.. c' , Total 1.016 21 .County APPRAISEMENT ON SONSUMPTION OF PRINCIPAL OF LIFE ESTATE Wa.SlUNQTQN RESIDENT INHERITANCE TAX APPRAISEMENT Estate of WARREN LAW'RENCE DENNISTON Deceased. Late of WASHINGTON Date of Death,.....r..~.p.r.:t.t.~.IT.....:I,.l..,l.9§.~.. Appraisement Docket Vol"~7... Page)../7..~=1 No....§.~.~.§~.:'..~.!?.4. Filed in Register)s Office)..J..~.~.~:Z§19 73 Amount of tax due)$.., DEPARTMENT OF REVENUE .J Received, Examined and Approved)".. Wrote abo.ut Appraisement) -. Appeal it-om Appraisement):.. Entered and charged,,. &........,,.- I "'. ., ;.'....,Ig RCC-33 (4-73) " /l/JJ1~.-f,:.s.E~E.#1 d''':'Cd~J'(/d1 e;(j_.;flSSE ts /11/"tJ-6 9'-~--5 y SkW PLliStt!l~if'fARY COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS J RESIDENT DECEDENT 71]-37-/?.3-Li' COUNTY OF WASHINGTON IMPORTANT:This return must be completed in detail and filed in duplicate,with all attached,with the Register of Wills of the County where decedent resided;Return is due within nine months after date of death,unless an extension is granted by the Secretary of Reuenue.(Section 703 of the Inheritance and Estate Tax Act of 1961.) and say i CO-EXECUTOR } AFFIDAVlT OF ~~ ~JMSrRXJDm{ Co-Exec. Sr.,Asst.Tr.Off.Equibank N.A.,forrnerly W.Pa.Nattl.Bk~~K of the estate of the above-named decedent being duly sworn,depose Late of washington County State of Pennsylvania }'"County of Washington Bruce W.Boul, t~~~~ IN THE MATTER OF THE ESTATE OF Warren Lawrenge Denniston a/k/a W.Lawrence Dennlston alkla W T.aurence (STATE FULL NAME OF DECEDENT) Trust OfficerEugeneS.Bender, Equibank N.A. Decedent died F_e_b_r_u_a_r-=-y_l_l_t_h ~,19~{testate leaving a last will,copy of which is hereto attached.,} (MONTH)(DAY)(YEAR)iMiKKKX Name and address of attorney or } other authorized repres.entative to whom all correspondence should be mailed. P.O.Box 3390,Pittsburgh Pa,15230 That as such Co-Executor deponent is familiar with the affairs of said estate and the property constituting (EXE CUTOR-ADMINISTRATOR) 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 INSTITUTION IN WHICH DECEDENT RENTED A SAFE DEPOSIT BOX THIS SAFE DEPOSIT BOX RENTED IN NAME OR NAMES OF RELATIONSHIP OF JOINT HOLDERS TO DECEDENT None That the contents of said safe deposit box or boxes are itemized under Schedules of this return, wi th the exception'of the following,for the reasons hereinafter set forth: That Schedule A attached hereto and made part hereof sets forth fully and in detail all the real property in the Commonwealth of Pennsylvania of which decedent died having an interest therein.It also sets forth the mortgage encumbrances upon each parcel of real property at the date of death,giving the amount 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 property wheresover 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!lebtedness of the United States to the de cedent;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,pictures,books,works of art,household furniture,horses,carriages, automobiles,boats,and any and all other personal chattels of whatsoever,kind or nature,left by decedent, together with the fairly,estimated market value thereof;all bonds and mortgages 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 es timated fair market value thereof,and if such estimated fair,market value be less than the face value,it sets forth briefly the reasons for such depreciation as to each item;all moneys payable to the estate from life insurance policies carried by decedent;all annuity and endowment contracts the proceeds of which were payable upon the death of the decedent;all and the corporate stocks and dividends due thereon and unpaid as of the date of death,bonds and accrued interest thereon to the date of decedent's death and other investment securities owned by the decedent at the time of death,with the market value there of at such time. ..... 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 husiness. 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 decedent 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 t~ansfers 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.Ther,~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 0 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,and the 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 lmpaid at time of death;taxes accrued chargeable 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. r,l;lllEdF J.~FifLE:;NO 1AfU PlitlUC Notary public PITTS LJRGI1.ALlEGHFNY COUNTY .MY Cor.I,'.lISSiON £XI'IR£S JAN.31,1977 Member.Penn:y!Jz.ueA~!'.oC;ttlOI1 ofr:otaries 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 been properly completed as above-directed. That the totals of the appropriate columns in Schedules "A","B",nCR,"E",and "F"as directed therein, have been carried forward and properly registered in the Summary.Equibank N.A.(formerly w.pa.Nat'l.Bank),Co-Executor BY:i~-··--------- B.f.)J.w..,B.Q)J.J..,s..f...l.V?.§..t.TE..:.Q.fK • (Street Number) .?~.b.....~.....~.~.~.~.~.~.~.~.!.?......~..~..~...~.9.~.~..I.'.~..:..~..~.??..2 (City or Town and State) Subscribed and sworn to before me this . ________J.2"!!day of ~192~ .............................................~....~.' RC<'-35 COMMONWEALTH OF PENNSYLVANIA TRANSFER 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.O.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 of 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 No. ITEM List and describe fUlly UNIT VALUE ESTIMATED MARKET VALUE DEPARTMENT VALUATION (Do not write in this space) 1.1973 consumption of principal $451.56 LESS:Value of life estate attributed to Edna H.Denniston Life tenant age in 1973 -82 Factor applicable .14970 Value of life estate previously paid 67.60 Clear value of consumption of principal Insert this total opposite "Personal Property",Schedule "B"in the "As Reported"column on the last page of this return. x X $383.96 ========== RCC-'37 (12-63).. COMl\lO~WEALTH OF PEN:\,SYYLANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "D" BENEFIqARIES BENEFICIARIES AND ADDRESSES RELATIONSHIP SURVIVED(If step-children or DATE INTEREST OFStatefullnamesandaddressesofallwhoillegitimatechildrenDECEDENTOFBENEFICIARYaveaninterest,vested,contingent or other-are involved,set STATE YES IN ESTATE wise,in estate).forth this fact.)OR NO BIRTH Lawrence Hughes 'grandson yes specific R.D.No.4 Finlevville Pa. Edna Denniston wife ves specific R n 1\1f"'1 L1 .Finleyville,Pa. Western Pa ..National Bank Residue Trust "B" (Now Eauibank N.A.)and Edna Denniston,Co-Trustees ._-~ I t h Deponent further says that all the above-named beneficiaries are liVing at this time except below: NAME DATE OF DEATH RESIDENCE OF THE ESTATE OF ~IATTER OF THE APPRAISEMENT Warren Lawrence Denniston a/k/a W.Lawrence Denniston a/k/a W•.Lc;l\l,~(2nG~.p.~nni$1::Qn .. Deceased ( ~'"0 ::c...~~Il'...Il'::l '"...-'"0.....::l '"C~Il'.....,.-0 '"'t:l'"0 ~.......g ~ ~.., M-'< (Executor-Administrator must complete "As Reported"column #1.) ~'.><~~ ~'"M-Il'M-~ CJ...o'"'"D<THE !No...63-6~;~54Will Administration . Late of ....Finleyville .Commonwealth of Pennsylvania REPORT AND APPRAISAL Ralph T.DeStanfano,Esquire 2900 Grant Building Pittsburgh,Pa.15219 "\~~<O"(O:~;N D.l~NtHS'rJ.'£i ~'i\l1airA JiO :~].1S\\',~·3',B «Dil\i\\Lt\'''1;~{"il~~J S:SJfi~m ~ >-:r. t:Jrt_t=rrv...-3 :::lr.c... en C~~>--~-><:W en en 0 0?"'?"'?"' g ca ;>••---- -619 -619 -(n --619 -619 -619 ->-'"w w ::c_OO (X)~.....w w 'g-.....\.0 \.0 ....~(j\(j\c...- -619-619-(n-619~-619h.\old \t ~~rht, ."flU "~!i U':\Ul ':1\Hj .::1 \l.l.II 1.1 washingtonCountyof RCC-81 (6-73) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS HARRISBURG 17127 NOTICE OF FILING OF APPRAISEMENT IN YOUR REPLY PLEASE REFER TO 37-193-4 Inheritance Tax Division BRUCE W.BOUL,SR.-ASST.TRUST OFFICER (Executor munx~ In Re:Estate of __W_ARR_E_N_'_L_AW_RE_N_C_E_D_EN_TN_I_S_T_O_N _ _'_\Y_AS_H_I_NG_T_O_N__County -Fi Ie No.63-69...254 Dear Mr.Soul: You are hereby notified that the original consumed assets appraisement in the estate of Warren Lawrence Denniston has been filed in the office of the Register of Wi lis of_..:..:.W-=a:.=s=h=i:..=:n:£lg~t=-=o~n~_ County on January 22 ,19~,Said appraisement reflects the following va Iuations: Real Estate ----:::::-=-=,...---"c-=-_ Persona I Property ----=-3-=.8-=.3...::..-=.9...::::6 _ Transfers _ Jointly Owned ~~~--- Total 3_8_3....:...._9_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 nine (9)months (fifteen months when death occurred from December 22,1965 to June 16,1971,inclusive; and twelve months when death occurred prior to December 22,1965)from date of death, interest at the rate of six (6%)percent per annum is charged. Any party in interest who is aggrieved by this notice may object thereto within sixty days after receipt of said notice as provided by Section 1001 of the Inheritance and Estate Tax Act of 1961,72 P.S.2485-1001,P.L.~.3.d Date January 22,1974 Signed~~~;;JJ(J Title CHIEF APPRAISER DATE OF DEATH:February 11,1969 Note:This is not a bi II. RCC-1l9 (5-68) •COMMONWEALTH OF PENNSYLVANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT CONSUMED ASSETS APPRAISMENT SUMMARY Estate of DENNISTON,WARREN (Last Name)(First Name) LlWRENCE (lnitial) DATE OF DEATH 2-11-69 FILE NO.63-69-254 REPORT OF INHERITANCE TAX APPRAISER I,the undersigned duly appointed Inheritance Tax Appraiser in and for the County of~_W_a_s_h_1_'n--=g=--t_o_n ~-- Pennsylvania,do respectfully report that I have appraised the real and personal property as reported in the foregoing return at the values set rouh opposite each hem 1u the last column to the doht ~"A'""B","C",and "E" Dated:January 22,1974 ~T~~f' REPORT OF THE REGISTER OF WILLS I,the undersigned duly elected Register of Wills in and for County,Pennsylvania,do respect- fully report that I have allowed deductions in the amounts claimed by deponent,except as to those items 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:_ REGISTER OF WILLS None 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) CLEAR VALUE OF ESTATE VALUE AS REPORTED VALUE AS APPRAISED VALUE AS REAPPRAISED $$$383 96 -----+-- 383 96 - 383 96 Valuation of life estates or -1= FOR USE OF REGISTER ONLY Tax on $---------f--- Tax on $----------4-~6% Tax on $----------4--% Tax on $----------4--10% Tax on $15% &~ptioos * Total Estate -4-__ TOTAL TAX COMPUTATION OF TAX $--------4--- $-------+-- $-------+-- $---------4--- $--------+--- $--------'---- (*As evidenced by Charitable Exemption Certificates issued by the Secretary of Revenue; Less tax previously paid BALANCE Less 5%of tax if paid within 3 months after death :::::::::::!::::.t==== BALANCE OF INHERITANCE TAX DUE $t= Add interest at rate of 6%from_____to $---.J AMOUNT OF ESTATE TAX ASSESSED $----~I- Estate tax paid $--Il- BALANCE DUE $ ----JL- Add interest at rate of 6%from -------lto-----$------<ETOTALTAXBALANCE$------.j. PAID $.....J FOR USE OF REGISTER ONLY ADJUSTMENTS NOTE:Where subsequent 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. Will !...No.Administration IN THE Year . MATTER OF THE APPRAISEMENT OF THE ESTATE OF WARREN LAWRENCE DENNISTON Deceased Late of . County of \vASHINGTON WASHINGTON Commonwealth of Pennsylvania REPORT AND APPRAISAL Fonn RCC-2,....., DEPARTMENT OF REVENUE.'BUREAU OF COUNTY COLLECTIONS """I HARRISBURG.PENNA.17127 CONSUMED ASSETS APPRAISEMENT COMMONWEALTH OF PENNSYLVANIA RESIDENT INHERITANCE TAX APPRAISEMENT DATE !.~.~~.~E;y ~.~..?!..~.?..4.. COUNTY ~~.~.!?:~.P.:g.!..2.P.-. FILE NO...§..~.::..§..9..::.7..?.4 .. Whereas...~~~.~~.~~~~~~.~9..~p..~~~.!.?T9.~late of ..Y.[g,.s.h..i.ngt..on . in the County of ~~.~.~.P.:.~.~.g.~.Q.!L Commonwealth of Pennsylvania.having died on the Jl t.p day of F..e.b..r.u.ary...............................19 6.9.sei~ed and possessed of an estate subject to Inheritance Tax under the laws of the Commonwealth of Pennsylvania; Therefore.I...F..r.an.c..e.s L..e.o 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 Ufe 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. : Unit ApprahementDelcrlptlonofAlletValuesMadeforInheritance Tax Purpolel $ PERSONALTY:....-, See Schedule "B"attached heret:n°383 96 .. I I I , I I, Total 383 96 I fonn~~v::~hbJ:e:~:J~i~W~~"~~:~a~o~e~~~~:~:;~~~ d&2fij£.;~~~~I •••••••••.••.•••...•.••••••••••..•:~:::.. "CONSUMED ASSETS APPRAISEMENT WASF:U:.NG'r..QN .....County . ~ .... , RESIDENT INHERITANCE TAX APPRAISEMENT Estate of WARREN LAWRENCE DENNISTON..............................................................~~:~:..········ij;~~a~;d: Late of WASHINGTON Date of Death,~.~:t?El:1.~.~.Y.~.!.J.:~..~.~.9.· Appraise/lzel!t Docket Vol...~7,. Page,.J..~.~.::':.4 No §.1~.6..Q.~..45.4 . Filed in Register's Office,.J...~.n.L ~.4..,J9 7.4 A'InOunt of tax due,$. DEPARTMENT OF REVENUE Received, Examined and Approved,;.. Wrote abo.ut Appraisement,.. Appeal f"om Appraisement,. Entered and charged,. / /.• ,. J ONE THOUSAND FOUR HUNDRED EIGHTY TliO,and 30/100 ---... "dollars 'f.mST,E N PENNSvrVANIA NATIONAL DANK _'ti"_...:~r~senting Pennsylvania Inh:ritance or n1:l R '.U,.l ,.,~~}~te.,Tax due from the following estate: From:--------------------,------~.::..-....:.....;~-----------------I!lI 15%Tax on{·,;$,....;...$.1 ~:.~. 131.32 $--------lr.tI $,---------11I %Tax on $':-$---------m Estate Tax,Act of May 7,1927 2%Tax Qn.$_'_"~'$---------,[f;I1i .....',( /....,/t26,683.00 6%Tax on _.$~';:;_"$---------111I '~;~' to _ 1,600.98 TOTAL TAX CREDIT Prev..P8f-T.---;;:::~2~5~O~.O~O;t.l Less five percentum of tax if Bal.Due ~1,350.98 paid within three months after dote of death $---------UI ~us interest at ~~I3!~ro -_%from -'l1)'ha....,t~e..-------- BOX 3390 l¥ASHINGTON WARREN LAWRENCE DENNIS1\() PITTSBURGH,PENNSYLVANIA 15219 Nome of Decedent ---------------1 63-69...254 2..11..69 File No.Dote of Death -l December 21,1971 Dote of Payment -; County --1 Address -i SEA L NOTE:This Triplic:ie Receipt to be retained lor au;Jt't~Jo93.-4 1,482.30 TOTAL AMOUNT PAID $========I~ (~~--)I'J r1''~l . Received b'f',--_)'X.~!LX.-l O.J"..A,,/'r.J:J . NOTE:In accepting the transf~"inheritance tax an future estates,prior to the death of the lif,~"--.+-'(Sig no re).t£i;/ tenant or tenant for years,as evidenced by this receipt,it is understood that the Commonwealth sHall ,'\"(f I I'.I not be precluded or prevented from hereafter assessing additional inheritance tax at the death of t'h~."")·\,_.O,!..{J,/...i....-lC.......tJ..:1 v\~,<l./ life tenant or tenant for years whenever it appears that such additional tax may be legally due and --""I ')(TitI6) collectible for any reason whatsoever.(" --,------~---_._-----~-----,--_.~-~~~._-~-----------_.----------