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OC1969-0768 - ESTATE OF DUNCAN III
rs 8/29/69 Testate Form J PETITION SUR AUDIT .. IN THE ORPHANS' COURT OF WASHINGTON COUNTY Estate of ....... <!.~~~--~! ... ~~~-}}:f.:..t. ............................. . No ........... 7.9.~ .... .9.f. .. J.9.9.9. .. _ ......... _____ ,_ ........... A. A. Fiduciary.~~--~~~S?~--~~~~9~~--~~*--9"K .. f>::t:t;._t_~_burgh ·-·········----~~§QJJ.1.9r ................................................. . Deceased Date of _ Date of Decedent's dearh ...... ?..§l.P.~~~~~~--J.Q,_ _ _19.§:? ....................... Grant of Letters ..... J?.~.P.t&lJ!R~:r.J.4,..J.9.67. ...................... . This is the ...... fir.s.t ... ao.d.F.inal .................. :, ................... account filed in this estate If there have been former accounts filed in this estate, list file number or number and term ................................... . Election to take Not applicable Date Election Place of; Under or Against will. (cross out one) Filed .................................. Record ---------------------------·-- Name of surviving spouse .......... P<?.:r.<?.~~.Y.--~-~~--~Q@. ......................... "--------------------------------------------------------------·-- List issue, where material: Adah Donnan Dilllcan James Edwin Duncan IV Dorothy Donnan Duncan Mary Amy Duncan \(now Flynn): Gloria Griffiths Duncan Andrew Patterson Duncan Frances Elizabeth Duncan Did decedent marry after execution of will? (indicate) 'E!t9c No. Any children born after execution of will? (indicate) ~ No. If answer yes, name them ...... --------------------------------------------___ ............. _____ ... _______ .. ___ .... ___ .... ____ ..... _ ................ ___ .. . · ............................................................................................................................................................................................................................................................................................................................... t. .................................. . Leg.atees Relationship Interest Fiduciary, if deceased or not sui juris Dorothy Donnan Duncan Wife Bequests Dorothy Donnan Duncan and The Union National Bank of Pittsburgh, Trustees under Paragraph Fourth of the Will, Trust for Dorothy Donnan Duncan Trust A Surviving Spouse Marital Deduction Trust The Union National Bank of Pitts- burgh, Trustee under Paragraph Fifth of the Will Trust B Trust for Adah Donnan Duncan Daughter Trust for James Edwin Duncan IV Son Trust for Dorothy Donnan Duncan Daughter Trust for Mary Amy Duncan {Flynn) Daughter Trust for Gloria Griffiths Duncan Daughter Trust for Andrew Patterson Duncan Son Trust for Frances Elizabeth Duncan Daughter Residue Residue Residue Residue Residue Residue Residue (Date of Birth) 5/16/43 5/28/45 10/11/46 12/12/48 5/15/51 8/29/52 6/9/56 List, if exceptions to above: Adeemed: X ~ ~ ~ Give Cause: Dorothy Donnan Duncan All the household goods, furniture, furnishings, books, pictures, paintings, silver, chinaware, jewelry, automobiles and personal effects belong to the surviving spouse If and were not includen ~n the Inventory. partial mtestacy, g1ve Facts. None 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 c) received written notice of the filing of the account and of call of audit? Yes. Jtm: ' If any exception give cause: ..... NQ ... ~XC.~.P.ti.QJllL ........... . File copy of Notice and dote of moiling ....... ~~Y. .. ?.Q, ... 19.~9. ..................................................................................................................... :., Is estate subject to the filing of a Federal Estate Tax Return? ............ ~-~-~------------------------------·········'····'·····------'··········,· Actual payment made on Pennsylvania Transfer Inheritance Tax. Amount $ . .3.5.4 ... 69. ............................................ . If the Will makes any portion of estate subject to a life-estate, give name and birth date of life tenant ..................... . Trust A -Dorothy Donnan Duncan February 29, 1920 ........... ~;r;'~§.t. .. JJ ... ~ ... QJ::!:~J.9J:~:r;~: __ (~~~-l~g~ __ J.l ............................................................................................................... . 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. None 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: Attached hereto and marked Exhibit "C" are schedules indicating the calculations arriving at the distribution to the Marital and Residuary Trusts. Balance for distribution per account, Itemize any additional debits not shown See Schedule "B" Principal -Personalty Income -Personalty Total additional debits (Add) by account: $ o.oo 315.10 Itemize any additional credits not shown by account: See Schedule "B" Principal -Personalty Income -Personalty Total additional credits (Subtract) Balance for distribution $391.69 30.01 $.~.?.1.22~.!'.29. ................ . $ ... :n5..~1Q ____________________ _ $ .. .4?1.70 -----·-------·········-·------ $.~.?.!.'!?.~_._'!.?_ ________________ _ If balance for distribution is not in cash, list each .item held in kind, giving appraised Value (or distribution Value); Stock Freeport Coal Company 64 shares Common Miscellaneous $5,000 Face Value Note of Freeport Coal Company 4% (Accrued Interest from date of note 7/13/50 deemed uncollectable)! .. $2,320.00 5,000.00 $7,320.00 r. c l_. --~----······-·· .. -., ---·~ ______ l .. I ' ...... Estate of James E. Duncan III Balance for Distribution Principal-Personalty Stock Freeport Coal Company 64 shares Common Miscellaneous $5,000 Face Value of Freeport Coal Company 4% (Accrued Interest from date of note 7/13/50 deemed imcollectable) Cash on hand Income-Personalty $ 2,320.00 5,000.00 $ 7,320.00 10,298.69 $17,618.69 866.30 Dorothy Donnan Duncan and the Union National Bank of Pittsburgh Trustees under Paragraph Fourth of the Will, Trust for Dorothy Donnan Duncan, Trust A Principal-Personalty Stock Freeport Coal Company 64 shares Common Miscellaneous $ 2,320.00 $5,000 Face Value Note of Freeport Coal Company 4% (Accrued Interest from date of note 7/13/50 deemed uncollectable) 5,000.00 $ 7,320.00 Cash 5,117.61 Total in accordance with Schedule "C" Income-Personalty Cash (53.759% of $866.30) $12,437.61 465.72 The Union National Bank of Pittsburgh, Trustee under Paragraph Fifth of the Will, Trust B Trust for Adah Donnan Duncan Principal Cash (l/7 of $5,181.08 per Schedule "C") $ 740.16 Income Cash (l/7' of 46.241% of $866.30 per Schedule ''B") 57.22 Schedule "D" $18,484.99 $12,903.33 797.38 .. _ .. ' ..... Trust for James Edwin Duncan IV, 1/7 of 46.241% Principal Cash (1/7 of $5,181.08 per Schedule "C") Income Cash (1/7 of 46.241% of $866.30 per Schedule "B") Trust for Dorothy Donnan Duncan, 1/7 of 46.241% Principal Cash (1/7 of $5,181.08 per Schedule "C") Income Cash (1/7 of 46.241% of $866.30 per Schedule "B") Trust for Mary Amy Duncan Flynn, 1/7 of 46.241% Principal Cash (1/7 of $5,181.08 per Schedule "C") Income Cash (1/7 of 46.241% of $866.30 per Schedule "B") Trust for Gloria Griffiths Duncan, 1/7 of 46.241% Principal Cash (1/7 of $5,181.08 per Schedule "C") Income Cash (l/7 of 46.241% of $866.30 per Schedule "B") Trust for Andrew Patterson Duncan, 1/7 of 46.241% Principal Cash (1/7 of $5,181.08 per Schedule 11C11 ) Income Cash (1/7 of 46.241% of $866.30 per Schedule "B") Trust for Frances Elizabeth Duncan, 1/7 of 46.241% Principal Cash (1/7 of $5,181.08 per Schedule "C") Income Cash (1/7 of 46.241% of $866.30 per Schedule "B") Under Paragraph Seventh, subparagraph {1) of the Will the Trustees are authorized to accept in kind any investments or other property, real or personal. ·~ ., } $ 740.16 27.22 $ 797.38 $ 740.16 27.22 797.38 $ 740.15 27.2~ 797.38 $ 740.15 27.2~ 797.38 $ 740.15 27.2~ 797.38 $ 740.15 27.2~ 79_7.~8 $18,484.99 Estate of James E. Duncan III Net Assets Per Federal Estate Tax Return for Allocation Between Trusts Testamentary Assets per Federal Estate Tax Returns Add: Life Insurance payable to Trusts Less: Loans and interest to 9/10/67 Gross Estate Deductions per First and Final Account and Supplemental Net Assets per Federal Estate Tax Return for allocation between Trusts Calculation of Marital Deduction Trust Gross Estate per Federal Estate Tax Return Less Deductions Claimed Adjusted Gross Estate Maximum Marital Deduction -1/2 of Adjusted Gross Estate Less Qualifying Asset: Jointly Owned Property Marital Deduction Trust $113,081.16 39.250.15 Calculation of Marital Deduction Trust Percentage for Allocation of Assets 49.218.00 ~ 53.759% 91,552.26 .. Schedule "C 11 $ 22,722.93 73,831.01 $ 96,553.94 5.001.68 $ 91,552.26 $142,304.09 40,868.08 $101,436.01 $ 50,718.00 1,500.00 $ 49,218,00 19W ·-- ... Value of Marital Deduction Trust as a Percentage of Balance for Distribution Plus Insurance Principal-Personalty per Additional Receipts and Disbursements Schedule Add: Payment of Pennsylvania Transfer Inheritance Tax to be deducted from Residuary Trusts Insurance paid to Trusts Less: Loans and interest to 9/10/67 Value of Marital Deduction Trust 53.759% $113,081.16 39.250.15 $ 354.69 73.831.01 Portion of Marital Deduction Trust to be Funded from Estate Assets Value of Marital Deduction Trust Less: 50% of Insurance proceeds paid to Trust A Less: 50% of Loans and Interest to 9/10/67 Portion of Residuary Trusts $56,540.58 19.625.07 to be Funded from Estate Assets Value of Residuary Trusts (46.241% of $91,804.39) Less: 50% of Insurance proceeds paid to Trusts B Less: 50% of Loans and Interest to 9/10/67 Less Payment of Pennsylvania Transfer Inheritance Tax *Note: One-seventh (1/7) share of the $5,181.08 is to be allocated to each of the seven (7) Residuary Trusts. $56,540.58 19,625.08 ( '· $17,618.69 74.185.70 $91,804.39 $49,353.12 $49,353.12 36.915.51 $12,437.61 $42,451.27 36.915.50 $ 5,535.77 354.69 $ 5' 181.08* r~-- , I .. If Family Exemption claimed by Petition, give place of Record: .. Q;i;§.~~9-.. J.?Y. .. ;J;~:f!:f!.E?.:r ... t.9 .. ~E?.<;.1Jt..9.:r.~ ... aud .. P.aid .. . . . . . . . . May 19~ 1969 (~e~ F~~s~ ~d Final Account, If Family Exempt1on IS cla1med at aud1t, g1ve name, relat10nsh1p and bas1s for Cla1m .......... Z. ................................... . List any advancement or distribution on account that has been made, and nature and amount of same: None Suggested distribution of balance shown, b~th as to principal and income, attaching signed and itemized elections to take in kind if balance is not in cosh: residuary shares being stated in proportions: See Schedule "D" attached. ALLEGHENY COUNTY OF~ SS: COMMONWEALTH OF PENNSYLVANIA The above named Fiduciary or representative thereof, being duly .......... ~~<?-~.l?: .................. doth depose and say that the facts set forth in the foregoing petition are true to the best of ........ .:trL~L ............... knowledge and belief. ----~~~~---······························· and subscribed before me this ... d. .. day o ...... ··············-~Cf!·~- Signature of Office ... . ................... '?. ... ~.Y-·7··· Title of Officer .............. ~<?.~~~--~:!:?;1;~~---····················· • LELAND T. DAY, NOTARY PUBLIC Office exp1 res .......... f'1ii'SWR6tt;·A:ttE6fltNV·<iHtH¥······················· MY COMMISSION EXPIRES FEBRUARY 1, 1971. And your petitioner will ever pray, etc. THE UNION NATIONAL BANK OF PITTSBURGH EXECUTOR ···········································································'-'············ ~--~·4uA--~~---········· ............................................................. '!'!'•••••!''!'""'"'"'"'"'"'····················· l., • f ' .J " 768 of 1969 ........... A.A. No ............................................... . Estate of ....... ~~;-~.! .. WAT.~--~-+.+.1 .......... . Deceased . . TEE UNION NATIONAL BANK OF F ldUCia ry ·······························--··················-···--· PITTSBURGH, EXECUTOR ................................... -----------.. -.... ------.... ---------.. ---.. -.... ---.. --.... -----... 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-e; and divisions thereof: shown on pages 23-24. 1. Written praecipes of all Counsel in the case. 2. Copy of order appointing Guardian ad litem, if pertinent. 3. Copy of Order appointing Trustee ad litem, if pertinent. 4. Proof of service of above. 5. Letters Testamentary or Administration C. T. A or an attest copy of 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 ~.lections if any distribution in kind. 1 0. Copy of Federal Estate Tax return if es- tate is subject thereto. Martin, Zewe & Fergus 27 South College Street ....... W~!:l~!l.8.~9!l.l .. ~-~~~X-~Y-~~~----~-2?.~~---· Attorney ~2 Slli,'., !J v: tSI[l::Ja O~J1JV!·! ll3SSm.J S V : or 1-!V L K.'£1 OL6I 0.3lf.:l· \. . , '. . -( . . ' ..... ' ... LAST WILL AND TESTAMENT OF JAMES E. DUNCAN, III .•.. -. . .. I, JAMES E. DUNCAN, III, of the Borough of East Washington, County of Washington a·nd Commonwealth of Pennsylvania, being of sound and disposing mind, memory and understanding, do make, publish and declare this to be my Last Will and Testament, hereby revoking and declaring null and void any and all oi;her Wills and . Codicils by me at any time heretofore made. FIRST: I direct that the expenses of my: +ast illness '. I . ., . and fvneral be paid out. of my estate a·s soon as may be convenient ,;_'· : after my death. .., /- SECOND: I give and bequeath to my wife,,DOROTHY DONNAN DUNCAN, all household goods, f'tirniture, furnishing~,:books, pictures, paintings, silver, chinaware, jewelry, a'lliiOfobiles and i': ,. personal effects which I may'' own at the time of my',gf=!~th, to- .·.;.,· ' gather with any policies of insurance thereon; PRO\[;nD.ED, however,·. . -~~-,' ~}~~ ~- that if my wife should fail to survive me, I give a·n~·~ bequeath ·.<:·\ .. to my children surviving a't the time of my death so much of said · propert~ as they or the person havJ.ng custody of them may select, in such shares as they may determine, and the rest of said property. shall be sold and the proceeds added to my residuary estate. In the event any of my children·should then be a minor; I authorize my Executors to deliver such minor's share of said property, ·without bond, to the person. having custody of such minor, and the receipt of such person shall be a complete discharge of all obliga- tions of my Executors with regard to such minor's share of said property. THIRD: For the purposes.of this instrument, if my wife and I shall die as a result·of a common accident or occurrence J' . I ) .. l .. · .. .-..... ~_ ........ _ .......... -...... __ ....., __ ! ! i i I ' i I \ I I I I ; ; :· ' ; i. I' ' ,_ ~ I r I I .t r ! I --------~""""':,_---···-------·~··-.. ~--I . ' . . . . under such circumstances that it is impossible to determine ~hich of us shall have survived the other, then ~y wife shall ·,_ conclusively be presumed to have survived me. FOURTH: If my wife; DOROTHY DONNAN DU~CAN, survives me, I glve, devise and bequeath to. THE UNION :NATIONAL BANJ:C lJF PITTSBURGH, Pittsburgh, Penns,ylvania, and my wife,, DOROTHY DONNAN DUNCAN, IN TRUST NEVERTHELESS, to be held by my $aid Trustees as TRUST A a portion of my estate having a value equal to fifty (50%) per cent of the value of my adjusted gross estate as finally determined for Federal Estate Tax purposes, PROVIDED!, h~wever, tq~~ this portion • ; +::"1 ;~ of m~ es-tate shall !i>e reduced by the value. for Fect@:r~l Estate Tax \'-::~ ·~ purposes of all interests in property and proceeds 9+ .insurance ·· -;: on my life which pass or have passed·to my wife under the other '.~:~. ·! provisions of this Will or otherwise than under thi~<Will, 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 m,Prital deduction. This portion of ... my estate shall be undiminished and unaffected by any death taxes. Notwithstanding anything to the'contrary contained in this my vJill, I direct that there shall not be allocated to this portion of my estate any property or the proceeds of any property ~hich would not be allowed as a part of the marital deduction i:n determining .\·;\.' the Federal Estate Tax ~my estate. (A) During the lifetime of my ~ife, DOROTHY DONNAN DUNCAN, the Trustees shall pay the net income (hereinafter called "Income") from "Trust A11 quarter~aimually to her or for her benefit and shall pay to her in addition such sums from principal as she may from time to time request in writing, even to ·the exhaustion thereof. (B) If such Income shall be insufficient in the opinion of the corporate Trustee to provide for the welfare, comfort, -2- ----···-···· ·------· recreation and support of my wife and she is for any reason unable to exercise her power of'w1thdrawal, the corporate Truste~ is authorized in its discretion to use so much of the principal· of "Trust A" as may in its opinion be advisable therefor. (C) The right _of my wife to the Income of "Trust A" shall not be subject to assignment, alienation, pledge, attach- ment or claims of creditors. (D) Upon thEJ d~ath of .my wife, the corporate Trustee . shall transfer and deliver the remaining principal of "Trust A", together with any accrued or undistributed Income thereon, to or for the benefit of such one or more_ persons, corporations or other . . . . . ,. orga~izations, including her ?wn estate and creditors,-in such ,, amounts and subject to such trusts, terms and conditions as my wife may by her Will, making .specific reference to tne power herein • . ' t granted, appoint. In the event of her failure so to exercise this . ~: ), . power; the remaining principal ~f "Trust A" and any accrued·or undistributed Income shall be added to and become a part of the principal of "Trust B", created under the terms of· .Article FIFTH ~·~:·~: hereof, to be continued in trust or distributed upc>n·the death of ·') my wife as is provided in said Article. FIFTH: All the rest, residue and remainder of my estate, real, personal or mixed, wheresoever situate, including the property covered by Article FOl!RTH hereof if my wife fails to survive me, I give, devise and-bequeath to THE UNION NATIONAL BANK OF PITTSBURGH, Pittsburgh, Pennsylvania, IN TRUST NEV~THELESS, to be held by my said Trustees ps TRUST B for the following uses and purposes: A. The Trustees shall divide the principal of this trust into as many equal shares as I shall have children then living and -3-. ,'%• • ... ...-~-· ....................... . ~--~~--~-------- 1 I ' .. I . : children then deceased who have issue then.living, such issue to take by representation the share to ~hich the. parent if living would have been entitled. 1. Any share so set apart for issue of a deceased child shall be transferred and delivered to such issue absolutely, per stirpes, subject to the provisions of the minor beneficiary clause hereinafter contained. 2. The share set apart for each living child shall be held in a separate trust. During his or her minority, the net income (hereinafter called "Income") therefrom shall be added to principal, to be invested' as such;: PROVIDED, however,, that the ' . . ' . Trustees are authorized in their discretion to use .f;rom time to time so much of the Income and principal as they dee~ advisable for the ,. welfare, comfort; recreation, suppo:rt and. educatio:q;;:~h· each child. ' . ~ '. -:-,· ' After each child attains the age of twenty-one (21); years, the -~~"-e .. , Income shall be paid quarter-annually to him or her or jor his or ... '~ ·: her benefit for so long as he or she shall live; PRq'{IpED, however, -' t-~--~,· . that each child shall have the right to withdraw su~~:from the ·_,_;, '. principal of his or her trust in accordance with the following schedule: a. At any time after attaining· the age of twenty-one (21) years, each child may withdraw such sums as shall not ~xceed one-third (1/3) of the market value of sai~principal as constituted on his or her twenty-first (21st) birthday; b. At any time after attaining the age of twenty-five (25) years, each child may withdraw such sums as, when added to any prE?vious withdrawals under subparagraph a~·abo~e, shall not exceed two- thirds (2/3) of the market value of said principal on his or her twenty-fifth (25th) birthday, and at . . . any time after attaining the age of thirty years, '. each child may ~ithdraw any or all principal remaining •. -4- l i I ~ I I i i ' ' ' ( t J• i. I '. 3· If any child shall die before the complete termination of his or her trust, the remainder thereof shall be transferred and delivered to or ·ror the benefit of such one or more persons, corporations or other organizations~ exclusive of hls or her 0~n estote and creditors, in such amounts and subject to such trusts, terms and conditions as he or she by his or her Will, making specific reference to the power herein ~ranted, may appoint. If he or she should fail so to exercise this power, the remainder of hii or her trust ~hall be transferred and delivered, per stirpes, to ~i·s or her survfving issue or, if none, to my then surviving issue, per stirpes; PROVIDED, however, that any share thus accruing to any other child of mine shall be .'! addeQ to and become a part of the principal of hi~ \or her separate ,, trust hereunder, if the same is still in existenc~. 4. ~ : In the ·event that any payment ~f ·+ncome here- inbefore authorized to be made to any of my child~en shall be .;.,. ·. 0 :' 9';-~ ... : ~ ' 'j· insufficient, in the sole opinion of the Trustees ,'>~Q provide for ' ·.·. the welfare, comfort, recreation, support and education of such ·,!-:. child and members of his·or her immediate .family, the Trustees are authorized in their discretion to use .from time to time so much of the principal of the trust from which such child is then entitled to receive Income as ~ay in the opinion of said Trustees be advisable therefor. 5· The interests of the beneficiaries hereunder shall not be subject to anticipation or to voluntary or involuntary alienation; and the principal and Income shall be paid by the Trustees direct to or for the use·of the beneficiary entitled thereto, without regard to any_assignment, order, attachment or claim whatever. SIXTH: I direct the T:ru'stees to hold, administer and distribute as part of Trust A hereinbefore established fifty (50%) . -5- . ' .. ~. . ...... ~··· ' ...... ~ .. , : l. per cent'of all life insurance proceeds payable to the Trustees as beneficiaries of life insurance policies in effect on my life, and to hold, adrp.inister and distribute as part of Trust B here- inbefore established the balance-of all such life insurarice proceeds payable to the •.rrustees as beneficiaries under said I policies. If this Will for any reason should not be probated, I direct the corporate T"!rustee to administer all life insurance proceeds payable to it as Co-Trustee under trusts having te.rms identical with those established herein. '. SEVENTH: In actir~ as Trustees hereunder, the Trustees shall have full power and authority, without the nec~ssity of obtaining the consent of any· court, t!o do all acts, to execute, ' ' acknowledge and de1~ver all instruments and to exercise for the sole benefit of the beneficiaries hereunder any and all powers and discretions which would be lawful for them we·~e ~hey in their own r,ight the actual owners of tb.e property held J.n ~rust, (~.::. ·~ ~ including by way of illustratio:p., but not limitatip:p;, any or all '· :.~· ~ ~ of the following: (l) To accept in kind any inveq:J,tments or other property, real or personal; (2) To retain any or all securities and other property, real or personal, which at any time may be or become a part of the Trust Estate, as well as any property into which the same or any. ' part thereof may be converted by reason of any re- organization, recapitalization, consolidation, merger, liquidation, exchange or other transaction, l' for such time as the Trustees shall deem advisable; (3) To sell, convert, assign, convey, exchange, transfer or otherwise dispose of, or grant options with respect to, any or all securities or other ·-6- I I ....... .. • .... ... • • ••. ·-...... ~. __ ., ___ -··' I • • •,••• ....... 0' ~•o w•• '' ... ~-. ·-~·~-.:~: l" . ' . .. property, real or personal, at any time con- stituting part of the Trust Estate, at public or private sale, for ·such consideration and upon such terms and conditions as the Trustees shall deem advisable,_and without liability on the part of the purchaser ~o ~ee to the application of the purchase money or to inquire into the validity or propriety of such sale; and to execute and deliver good and sufficient deeds for any real estate, conveying ti tJl:e free and clear of all trusts; (4) To hold in the form of cash, awaiting distribution or desirable investme~~~' such portion ,, of the Trust Estate as at any time· ~nd from time to time the Trustees in their disc;§tion shall dee~ .··:;;.··! •:., !c, )t /" advisable, without liability to acco\4p.t for interest .~-:~ :.~~ ~~-~ : 0 thereon; (5) :' 1 To invest and reinvest the'·,~rust Estate or any part thereof in any kind of property, real or personal, or part interest therein, including,~ without limitation, mortgages or mortgage participa- tions,. common trust funds, common stocks, preferred sto~ks, bonds, notes, and other securities, regard- less of whether the same are l~gal investments for tr~st funds as now or hereafter defined "by law, whether by statutory enactment, judicial decision or otherwise; .. \ '.· (6) To manage and operate all real estate at any time held hereunder; to lease all or any part of the sa~e for such terms and rentals and upon such conditions ,as the Trustees shall deem advisable, -?- , ( .. l. J' "•-.w•-••,;.,,__..,,..,. •·-~~'"'1,. f"•,..-..-••' •· • ••• • ..- notwithstanding the terms of such lease may extend beyond the life of any trust hereunder; to release, partition, vacate'or abandon the same; to grant and acquire licenses and easements with respect thereto; to make improvements to or upon the same; to con- struct, demolish, ~lter, repair, maintain and re- build buildings and other improvements; and to use other assets of the Trust Estate for any of such purposes; (7) To carry the securities and other property held hereunder either in their own names or in the name of a nominee·; (8) To vote, in person or by proxy, all securities held hereunder; to join in or to dissen~ from and oppJ~e the reorganization, recapitaliza- tion, consolidation, merger, liquiqa.tion or sale . . of corporations or properties; to ~fphange securities . . for other securities issued in conqeotion with or .·· . . , resulting from any such transaction;:· to pay any assessment or expense which they may deem advisable for the protection of their interests as holders of any such securities; to deposit securities in any voting trust or with any protective or like committee or with a trustee or depositary; to exer- r . . cise any options appurtenant to any securities for the conversion thereof into other securities; and to exercise or sell any rights issued upon or with respect to the securities of any corporation; all upon such terms as the Trustees shall deem advisable; ( 9) To yrosecute, defend, compromise, arbitrate or otherwise adjust or settle claims in favor of or r '' I • .. against the Trustees or the Trust Estate; (10) To make division or distribution of any trust hereunder in'kind or in cash, or partly in kind.and partly in cash, to determine the fair value of the property then being placed in trust, divided or distributed and to allot different kinds of or interest k,· in property to different shares. The Trustees may take any action that may be necessary or proper in making any such division or distribution, and the designation, cUvision or partition of any or all of said prop:erty, real or personal, sP,all be bi~~ing and. concl.y.sive upon all persons interested therein. I I The Trustees shall have full power, autho;!~ty and discre:: tion to deal with any s"ituation ;which ma~ arise resn~cting the / / Trust Estate or any part thereof in such manner as tqey shall deem advisable and for the best interests of the trust. The grant to the Trustees of any specific 'power,-authority or discretion, or • I . the failure to-grant specifically herein any other pow.er, authority or discretion, shall not be construed to limit or Q~rtail in any way or to any extent said full and -complete power, authority and discretion which it is intended and directed shall be exercisable at all times by the Trustees respecting any and all matters of whatsoever ,character pertaining ~o the Trus_t Estate or any part thereof• EIGHTH: As between the Trustees, the corporate Trustee shall perform all ministerial anP, administrativeduties, including the keeping of books and records, acting as custodicnof the trust property and preparing all necessary tax returns. The individual Trustee shall have full power' and authority to delegate from time to time to the corporate Trustee by an instrument in writing any or all her rights, powers and duties as a Trustee hereunder to the -9- ·. -.. r end and purpose that the corporate Trustee may be enabled to act in all respects for both of the Trustees hereunder during the term of such delegation. In ca~e of the death, resignation or '. incapacity of the individuctl Trustee, no successor shall be appointed, and the corporate Trustee shall have all powers and duties herein given to both'Trustees. NINTH: The corporate Trustee shall be entitled to receive annually compensation for its services hereunder in accordance with the schedule of compensation of the Trustee currently in effect when the services are performed, but not in excess of such compensation as would be approved by a court of competent jurisdic- tion • ... . TENTH: 'lf any minor shall be entitled to receive any property by reason of my death which is not subject to administra+ tion by the Trustees, whether such property is received under this Will. or by the terms of any insurance contract or otherwise, with me exception of the tangible personal property giveri under Article SECOND hereof, I appoint THE UNION NATIONAL BANK OF PITTSBURGH, guardian of the estate of said minor as ta such property, giving and granting to such guardian, in addition to and not in limitation of all powers conferred by law, the following specific powers, tq be exercised in its sole discr·etion and without order of court: to retain in kind any such property, real or personal, received by it from any source; to sell any such property upon such terms and conditions as it believes advisable, giving good title to any real estate thus sold; to invest and reinvest in such stocks, bonds and other investments as it deems advisable, without being limited to those investments in which guardians are by law required to invest a minor's funds; and to disburse to or for the benefit of such minor so much of the income from and the principal of the . · .. minor's said property as it ~eems advisable for the ~inor's comfort, welfare, maintenance, support and complete education, including preparatory, college and post-graduate or professional training • . -10- [> --"-----·~:::.:::.::::;:::::::;:::::::;;:::::::=::::==:::==============:= ,{ q .I \ \ \ i I I : ·, I I 'I I I I '' i ! . ; i \ 1 .• ELEVENTH: I direct that all estate, inheritance and '4 •• , other taxes in the natur~ thereof, together with any interest r . thereon, becoming payable because of my death with respect to the property constituting my gross estate for death tax purposes, whether or not such propert~ passes under this Will, with the ex- ception of any property which may be included in my estate merely because of a power of appointment I may have thereover, shall be paid from the residue of my estate passing under Article FIFTH hereof; and no legatee or devisee or any person having a beneficial interest in any such property, whether under this Will or any . Codicil thereto or otherwise, shall at any time be required to ~efund any pa~t of such t~xes. In the absolute discretion of my I Executors such 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 benef~e+aries, in which . event such taxes shall be .paid by the Trustee~ out of the prinr.ipal . f: .... 1 ~ : of the trust subject thereto. TWELFTH: I appoint THE UNION NATIONAL BANK OF PITTS~lfRGH, Executor of this my Will, giving and granting to my Executor th'e same broad powers of retention, sale, conversion, investment and management of my estate, real and personal, as are granted to my Trustees under this Will, and in addition the right to distribute my securities or other property in kind to my Trustees. IN WITNESS WHEREOF, I have hereunto set my hand and seal to this my Last Will and Testament, this /;._I .... day of February, 1962 named /"'7 . (.I ........ -\ , .... ) ~rl.,,ru, .F \L;•:'"'~-""7/,.< (SEAL) Signed, sea~ed, publish~d and ~eclared by the above- Testator, JAMES E •. DUNCAN, III, as and for his Last Will and ' . • -11- I ~··---·-· :I :i r ·I •• . ( r . ·~· ... , Testament, in the presence of us, who, at his request and in his pr~sence, and in the presence of each other, have hereunto sub-scribed our names as witnesses. ,, .·:> .. Address:._~._~-.· ..... !_·_. ___ .... ....._,_;~'_; .. .,.· -.:.../_·__;. ~_. _, __ ._··/_._ .... _r-_ • ...,·_· _:-_'_ . .; (i (_,' ,. ( ·r;. /~ I ;' ,y ,.. I • \._,,,~"'_!. // .• L/ (c-:· (c.t, ............... ;;~ ·:'J~ ~, ~ ...... ·--... ~~---· --····· ..... -· ~ . ··---···· ... -·~-·--~····-··- ,,· ·, -- -····-······ ·--·----· ··-·-"·--·-·--· I \• I I . _.. ( . -. , .. -~~,_...,.., .. . ·. ·· ... FIRST CODICIL ~0 LAST WILL AND TESTAMENT I, JAMES E. DUNCAN, III, of the Borough of East Washington, County of Washington and Commonwealth of Pennsylvania, do hereby make and declare this First Codicil to my Last Will and Testament dated February 7, 1962. I hereby delete Paragraph FOURTH, subparagraph (A) of my said Last Will and Testament ~nd substitute therefor the following: 11 (A) During the lifetim.e of my wife, DOROTHY ,,DONNAN DUNCAN, the tru~~ees shall pay the net income (hereinafter oalled 'IHcome') from 'Trust A' quarter- annually to her or.for her benefit and, in addition thereto, shall have the right in the event, and only in the event, of severe or critical need or nardship affecting my wife to expend such sums from p~incipal for her benefit (but not directly to her) al;!>rqy corpo- rate trustee in its sole discretion shall de$lri~nec- essary under the circumstances." ~r:~:, .. In all other respects, .I here by confirm··~y said Last Will and Testament dated February 7, 1962. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 30 ..f..JL day of , 1963. .• a.."'"'' E ,fh_,-. "''"' -i'"' (SEAL) (JF P /L Signed, sealed, published and declared by JAMES E. DUNCAN, III, the Testator above named, as and for the First Codicil to his Last Will and Testa~ent dated February 7, 1962, in the presence of us, who, at his request, in his presence and in the presence of each other, have hereunto subscribed our names as witnesses thereto. · Schedule "A" --.2 -("'-- ~ ~ '-...... , . "0 6'--- ~ <_______ .) l ·~· • 4 ;!. ESTATE OF JAMES E. DUNCAN III, DECEASED FIRST AND FINAL ACCOUNT OF THE UNION NATIONAL BANK OF PITTSBURGH UTOR BALANCE ~t-$18, 5~. 5~, l> {"I"J :::0 c.o .t . (/) 0 c: ..........,_ ...,.. -' This accouii.t ~iJa-s' transmitted and Presented to·~-::tl;J.e ,.'Cburt .~ Co:ITmron ' -, -:.(.) -"' Pleas, Orph~~trs6 Court :Dfhs;Lol'l and confirmed ntsi~at=No. ~ ~; ~=€.:;;... ::r . -:::0 . r--""0 r-=::: ~ ~(/)0 Clerk of Orph~' Court Fee $. _________ _ Filed --------------------- Q K'\ .. J.f;;>-?~ .)_oO Edward S. Martin, Esquire Martin, Zewe and Fergus Washington, Pennsylvania William D. Sutton, Esquire Thorp, Reed and Armstrong 2900 Grant Building Pittsburgh, Pennsylvania 1521~ 391-1780 I ):!.;~· ~apo "'T-'S> ' 'i -J·'t .-;:-~;·;. -~,_;..-/ uu~:.-.:t_~/, ~ -:::;. I r\·i rrrf:·-~::/ r-_:. -~·t l h.f:,:;-~ :~hx;n l~~qa/ .~ .. utie;:; t1 a!! r.er.~tJn3 r:r·~;·-:,,_,.. ·.·;~~-·.. t.-.e .~.~!'.: .. -~: :;/' :i.·c r:.:'i;/I/n u.C'tJ!!!t'tit ia ~}?.-; n.a,.;.;er fJY5- ;~;_,~:..~,_; ":;:''r ~'!~;~: '~~~-(i~3!~'t cJ~·, Cb:"(j· as evJd:':ICi'{i by pru:JJ·f.~ ~!/::;;··s·;· , ... · '!r;.:; .. i "'·d, r-• . /) ,-- 11 cfl ·-~)_,;~::-,·tli ~,ef:t.J fhi"" C?(' ~ ~ :;f.... . ............ , ;g b.1.... · . .-................................. drr~.; k926 .... ' Hv:Jiidl?.~-·--.. --......... . ......... \ ~:0..~-,_,,..,.._,__ __ ~ IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. ESTATE OF JAMES E. DUNCAN III, DECEASED FIRST AND FINAL ACCOUNT OF THE UNION NATIONAL BANK OF PITTSBURGH EXECUTOR '171!1 May 19. 1969 SUMMARY SCHEDULE A PRINCIPAL PERSONALTY Receipts Pages 3 - 4 From Principal -Realty Disbursements Pages 4 -5 SCHEDULE B 21,908.39 1,066.67 BALANCE INCOME PERSONALTY Receipts Disbursements Page 6 Page 6 SCHEDULE C BALANCE PRINCIPAL REALTY Receipts Page 6 Disbursements Page 6 To Principal -Personalty The Balance Consists of the Following:- Principal -Personalty Stock. Freeport Coal Company 64 shares Common Inventory value 0.00 1,066.67 BALANCE NET BALANCE 22,975 06 4, 964 68 611 80 30 59 1,066 67 1,066 67 18,010 38 581 21 0 00 18,591 59 2,320 00 17111·A . . ·-. . . ESTATE OF JAMES E. DUNCAN IIIz DECEASED Bonds United States of America Treasury Bills $10,000 dated 3/13/69 due 9/ll/69 Purchased 3/13/69 9,684 90 Miscellaneous $5,000 Face Value Note of Freeport Coal Company 4% (Accrued Interest from date of note 7/13/50 deemed uncollectable) Inventory value 5,000 00 Cash on hand 1,005 48 18,010 38 Income -Personalty Cash on hand 581 21 18,591 59 - 2 - I - 17111-A I . . . ' ESTATE OF JAMES E. DUNCAN III, DECEASED SCHEDULE A PRINCIPAL -PERSONALTY R E C E I P T S 1 9 6 9 Feb. 4 Inventory filed 21,656 26 Plus Adjustment to reflect actual cash surrender value received on Northwestern Mutual Life Insurance Company Policies No. 5173254 from 5 ,681. 76 to 5,877.38 195.62 No. 5173255 from 2,268.89 to 2,325.40 56.51 252 13 21,908 39 Purchase of Assets United States of America Treasury Bills 6/13/68 $14,000 dated 3/14/68 due 9/12/68 13,797.84 9/12/68 14,000 dated 9/12/68 due 3/13/69 13,626.48 3/13/69 14,000 dated 3/13/69 due 9/11/69 13,558.86 $42,000 40,983.18 Cash disbursed for purchase of the above assets 40,983.18 0 00 Sale and Conversion of Assets Without Gain or Loss Proceeds maturity United States of America Treasury Bills 9/12/68 $14,000 dated 2/14/68 due 9/12/68 13,797.84 Purchased 6/13/68 13,797.84 0 00 3/13/69 $14,000 dated 9/12/68 due 3/13/69 13,626.48 Purchased 9/12/68 13,626.48 0 00 -3 - 1 9 6 9 May 19 1 9 6 7 Sept.26 Oct. 5 Nov. 16 Dec. 18 1 9 6 8 Feb. 13 ESTATE OF JAMES E. DUNCAN III, DECEASED Sale and Conversion of Assets Without Gain or Loss (continued) Proceeds sale United States of America Treasury Bills 5/19/69 $4,000 dated 3/13/69 due 9/11/69 Purchased 3/13/69 From Principal -Realty Account Amount transferred for Distribution D I S B U R S E M E N T S Family Exemption Dorothy Donnan Duncan, surviving spouse Administrative Expenses 3,873o96 3,873.96 Register of Wills of Washington County, Pennsylvania Cost of four Short Certificates Register of Wills of Washington County, Pennsylvania Fee for probating Will and Codicil, Two Short Certificates and eleven extra pages of Will Guy A. Rogers, Deputy Register of Wills Fee for trip to Pittsburgh to probate Will and Codicil Register of Wills and Clerk of Orphans' Court of Washington County, Pennsylvania Filing acceptance of Trust and five copies Piatt Funeral Home Payment of statement dated 9/12/67 for six Certified copies of Death Certificate of James E. Duncan, III Harold V. Fergus Reimbursement for Advertising Grant of Letters Testamentary Washington County Reports Observer -Reporter -4 - 0 00 4 00 24 50 .20 00 8 00 6 00 12 50 12 50 171111-A 0 00 21,908 39 1,066 67 22,975 06 1,000 00 I I ESTATE OF JAMES Eo DUNCAN III2 DECEASED Adm.inistra ti ve Ex2enses (continued) 1 9 6 8 May 28 Register of Wills and Clerk of Orphans' Court of Washington County, Pennsylvania Cost of Short Certificate 1 00 Novo 12 Register of Wills and Clerk of Orphans' Court of Washington County, Pennsylvania 1 9 6 9 Cost of Certified Copy of Will 17 00 ·May 19· .. · Attorneys' fees Thorp, Reed and Armstrong 575 00 Martin, Zewe and Fergus 575 0() I I The Union National Bank of Pittsburgh Accountant's compensation 1,148 75 2,404 25 I I Preferred Debts 1 9 6 7 Octo 5 Washington Manor Balance due for room and service to 9/10/67 64 38 Octo 10 Taylor's Pharmacy I Per scription 9/2/67 6 00 1 9 6 8 Apro 11 Piatt Funeral Home ' Funeral expenses 1,490 05 1,560 43 Charged Off As Worthless 1 9 6 8 I Oct. 3 Washington Airport Association I 1 share Capital I Inventory value 0 00 4,964 68 I ! I I '1:". I ' - 5 - ------------------------------------------------------------------ l 9 6 9 May 19 l 9 6 9 ESTATE OF JAMES E. DUNCAN III, DECEASED SCHEDULE B INCOME -PERSONALTY R E C E I P T S Interest -Bonds United States of America Treasury Bills Accumulation on $14,000 to 9/12/68 14,000 to 3/13/69 4,000 to 5/16/69 D I S B U R S E M E N T S Administrative Expense The Union National Bank of Pittsburgh Accountant's compensation SCHEDULE C PRINCIPAL -REALTY R E C E I P T S 202.16 373.52 36.12 Feb. 4 Inventory filed l 9 6 8 Mar. 12 Sale of Real Estate Without Gain or Loss Proceeds sale - Property known as l/3 interest in lots 17 and 43 to 48 inclusive being seven lots in all in the Wade Land Company Plan of Lots, 5th Ward, Washington County, Pennsylvania to Dorothy D. Duncan Inventory value D I S B U R S E M E N T S None To Principal -Personalty Account Amount transferred for Distribution - 6 - 1,066.67 1,066.67 611 80 30 59 1,066 67 0 00 1,066 67 0 00 1,066 67 1,066 67 COMMONWEALTH OF PENNSYLVANIA SS: COUNTY OF ALLEGHENY J. DONALD PATTON, Senior Vice President of THE UNION NATIONAL BANK OF PITTSBURGH, the above named Accountant being duly sworn according to law deposes and says that Letters Testamentary were granted to THE UNION NATIONAL BANK OF PITTSBURGH and advertised more than six months prior to the filing hereof; that the disbursements shown in the account have been made to the parties entitled thereto and that the account as stated is true and correct as he verily believes. Sworn and subscribed before me this __ _.k-t:;;...~.C_,.d ____ day of '),1{tu;r , 19 C,f, @&:~~~;:IM Notary Public CLAIR A. NEwTON, NOTARY PUBI.IC PITTSBURGH, ALLEGHENY COUNTY REQUEST FOR DISTRIBUTION MY COMMISSION EXPIRES FEB. 21; 1972. Accountant requests that distribution be determined by the Court in accordance with the Petition for Distribution to be offered in evidence at the audit of this account. THE UNION NATIONAL BANK OF PITTSBURGH BY~~~ Senior Vice President Washington County Reports Washington, Pennsylvania (PUBLISHED BY WASHINGTON COUNTY BAR ASSOCIATION) PROOF OF PUBLICATION In compliance with the Newspaper Advertising Act of May 16, 1929, P. L. 1784 Sec. 3, paragraphs (3) and (25). CoUNTY OF WASHINGTON} STATF: OF PENNSYLVANIA 88. 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, publis'hed 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: ...... 5?.~!?..b..~-~ .... ~.?.-~ .... ?.~-~----~-?~! ..................... . ....... N.ov.embe.r ... 2., .... 19.67 .................................. . that the affiant or the corporation in behalf of which he is acting is not interested in_the ~ubj~ct mat~~r of _said notice or advertising and that ~II ~f the allcgatio.ns·ok<~ .. ~~~ thts afftdavtt a~;.ro·~e ttme, place and charac(f)the f~re true:__,. ~~:~\ . ~.f?·:f-_ ___________ ~---~---L4/.'z:./ '· --__ .. _ Edt tor Sworn to and sul:j'scri efore me this ' ---. ------., ' l ' --------~ .. ~-~~-day ~L. ....... ~ .. ~-~-~~~-~ ...... ~:::::;-196~?_~-. -· ..... .71:~ .... & ........................ .. /N, tary Public KATHERINE C. YARD, Notary P l Q Washington, Washington Co., Pa. My Commission Expires November 1, 1969 Estate Notices The Register of Wills has granted letters, testamentary or of administration, in the following estates. Notice is hereby given to all persons indebted thereto to make payment without delay and to those hav- ing claims or demands-· to present them for settlement to the Executors or Admin- istrators or their Attorneys . . . . . . . . . . . .. . . . . . . 1 DUNCAN, .TAMES E., III, Dec'd. I Late of East Washington, Washington County, Penna. Executor: Union National Bank 4th ' I & Wood St., Pittsburgh, Pa ' Attorneys: William D. Sutton, (Thorp, Reed & Armstrong), Grant Bldg 1 Pittsburgh, Pa. & Harold v Fergus' 733 Washington Trust Bldg., Wash: ington, Pa. Washington County Reporl$ Washington# Pennsylvania • (PUBLISHED BY WASHINGTON COUNTY BAR ASSOCIATION) PROOF OF PUBLICATION In compliance with the Newspaper Advertising Act of May 16, 1929, P. L. 1784 Sec. 3, paragraphs ( 3) and ( 25). CouNTY oF WASHINGToN} 88 STATE OF PENNSYLVANIA • 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 officiatl legal periodical for said Washington County, published weekly hav·ing its place of business at Washington, Washington County, Pennsylvania, and is acting as its agent in this behalf; that the said WASHINGTON COUNTY 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 advertisement 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: ............... O.c:t.o.be.r. .... 1.9 . ., .... 26 ..•.... 19.6.7 .................... . ............... N.oY.~.m.D.~.~ .... ~., .... J.2.9.7. .................................. . that the affiant or the corporation in behalf of which he is acting is not interested in t~hubje t matter of said no;iee, or~d-v rtising and that all of the allegations of · a:it~s ~t~e time( f!Je an Vac}9 o.i'he publication are true. ULUJ (L·:, . r$~ev~ Editor ······6-nQ. ....... day of .............. Ncw.em.be.x: ........... , 19 ..... 6.7.. .... .. .4'/ .. ·I} ........... ..!U.dLLa:.~ .. C!J .. : ...... ,. .. . . ... · • otary Public Estate Notices The Register of WiHs 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 having claims or demands to present them for settlement to the Executors or Administrators or their Attorneys. • • • • • • • • • • • • • • • • • -~--------~ --f ---. !DUNCAN, JAMES E., III, Dec'd: Late of East Washington, Washington County, Penna. I Executor: Union National Bank, 4th & Wood St., Pittsburgh, Pa. Attorneys: William D. Sutton, (Thorp, : Reed & Armstrong), Grant Bldg., Pittsburgh, Pa. & Harold V. Fergus, 733 Washington Trust Bldg., Wash-1 l ington, Pa. ... I Observer -Reporter WASHINGTON, PENNSYLVANIA PROOF OF PUBLICATION In compliance with the News,paper Advertising Act of 16 May, 1929, P. L. 1784, aJs amended. Commonwealth of Pennsylvania, County of Washington, SS: ........... . Personally appear·ed before me, a Notary Public in and for said County an~ State, ....... RJ:.~.h.9.-.! .. <J .... $..~ .... Q.Q~.~.!2 ................ , who beirug duly sworn according to law, deposes and says that he is the .. ~-~-~--~-X-=····-~----~!.~-~ . .:' of the Observer Publishing Company, a Pennsylvania corporation, and its agent in thi·s behalf; that the said Company is, the owner and publisher of the Observer-Reporter, succ'essor to The Washington Observer, established Septembe,r 18, 1871, and The Washington Reporter, established August 15, 1808, a daily news,pap'er of general circulation, printed and published and having its place of busines's at Washington, Washington County, Pennsyl- vania, where it or its predeces.sors have been established and published continuousiy for more than six months' prior to the publication of the notice hereto attached; that the printed notice or advertisement hereto attached is a ·copy of an official advertisement, official notice, legal notice or legal advertisement, exactly a:s printed or published in the Obslerver-Reporter in its regular editions on the following date or dates; ········································-··· ............................ .9.~.t-~ .... J:?:., .. ~A .... ~.!2.4 .... ~J.,___.J.9..9..7.. ................................. _ .... . that neither the affiant nor the Observer Publishing Company is interested in the subject matter of said notice or advertising and that all of the allega- tions of this affidavit as to the time, plCJe and char~ter of publication are true. ·························--~~kr..~_t{ __ ,_c;;;.f...~C~---········ . . 31 October 1967 Sworn to and subscnbed before me thls.-.......... day of ............................... . ·\g{~«!<d .. ~Rii~~' w. 267!52 WA~H"NGTON. \V!SHINGTON COUNTY HY COt!.:~I~S:Oil EXPIRES MAY 6, 1968 Commonwealth of Pennsylvania, County of Washington, SS:.~ ••• Personally appeared before me, a Notary Public in and for said County and State, Richard s. Cowan , who being duly sworn according to law, deposes and says that he is the -----------=s_e_c_r_e_t_a_r~Y---------------of Observer Publishing Company, a Pennsylvania Corporation, and its agent in this be4alf; that the said Company is the publisher of the ----~·~~~-0-B_s_E_R_VE __ R_-_RE_P_o_R_T_E_R ____________ ; that an Estate Notice for Estate James E. Duncan III .\,appeared in the OBSERVER-REPORTER --------------------~--~ October 17, 24 and ;31, 1967. Sworn to and Subscribed before me this ___ 2_6 ___ day of _______ J_u_n_e._ ______ , 1969 MARGARET M. BRADLEY, NOTARY PUBLIS WASHiNGTON. WASHINGTON COUNTY MY COMMISSION EXPIRES MAY 6, 1972 -. ,,. .... ·~' - Affi~auit ®f fxrrutnr ®r i\~miuistratnr !;tatr nf Jrnnayluania. t ss: C!Lnunty nf ~ \ Personally before me, the undersi-Afr.fd authorit~, a ...................... ti:Q:it.§:F.Y. ... P.M)?.;\;~.C?. ....................... in and for said County and State, appeared .... ~nEf.BmmR .. ffii8N.a~ERi~~Q¥.~~~hT§Bflkalf.~ ... ~: ....... who, being duly sworn according to law, deposes and says that he is the executor mc::mboiwia;m1rolr of the estate of ............................. ~~e. ... ~.~ .... P.Y.~.9~~.L .. !.!.!.L ................................ deceased, that the foregoing schedules constitute a complete inventory and appraisement of the real and personal estate of ......... ~.~\? .... ~.~ .... P..1l.W.QAW.., .. JJ.+. ......... , · deceased, except real estate outside the Commonwealth of Pennsylvania; that the figures opposite each item of real and personal estate in the foregoing schedules are determined and stated by the undersigned to be the fair value of said items as of the date of the decedent's death, based upon a just appraisement of each item made by the above named Executor ~-. . 9' «: THE UNION NATIONAL BANK OF PITTSBURGH Sworn fd subscrzbed before me thzs........................ l ~ ~ . -r day ..... :c:J7 ~']: .... ..!.~ ........ ;7 ... }1.6./.. ~.~ff.'~ ...... ~~~~A:;~~.~.~~~l:.qf'~.~~ ~~g;:uR1GH~AAYL~EGH~~ .. ~~UNT .... ..-.N~t~;y ... fub~~~~;·~·~;;~·~ ... INSJUCTIONS MY COMMISSION EXPIRES FEBRUARY 1, 1971 l. An inventory must be filed within three months after appointment of personal representative. 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 Copies and 2 RCRI-33, 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 .Jun.rutnrg au{l "pprai.a.rm.rnt of the goods and chattels, rights and credits which 112 Le Moyne Avenue were of ................... J.~S. ... ~.r .... P.J.Uif.QAN.a .... l.lla ................... Jate of .......... :J?..9.r..9.Y.€D .... Q.f. .... ~.~.'!;. .... W.~.~.h~.D:g:'t.QtL .......... . Washington County, Pa., taken and made in conformity with the above affidavit. DOLLARS CENTS See attached schedule $22,722 93 ,f ~ (" I 13?1 Inventory and Appraisement IN THE EST ATE OF ................... J.~m.~.~ .... :!i{.~ .... P.:\m.g.§..ll.t .... J.J.I. ...................... . Filed .................................................................. , 19 .......... . :S;n >m;:;o c.n0c: :t:-c;n -<ncn Z--tm C>rrr,.... '-i::Or-0 . .... 0 <;; -n sz::· C") }.;>. O~;;JJ ..; ;= :;; '"'Cr-..... '!'"'cno .. -CT') ~-.-'0 vr-·'S""'" -··- c:.... :=r- c..... r11 -n!=J ::::X tAo) I::) (.Q Edward S. Martin, Esq. Martin, Zewe & Fergus 27 South College Street Washington, Pennsylvania 15301 ~ ~ ~i William D. Sutton,Esq. cr~~ 2900 Grant Building ~-~ Pittsburgh, Pennsylvania 15~ DkT~87>-f"1t -· /!3~ )~ '! .. ,.:~, -, -· INVENTORY of all real and personal estate of JAMES E. DUNCAN, III, Deceased, late of 112 Le Moyne Avenue, Borough of East Washington, Washington, Washington County, Pennsylvania. PERSONAL ESTATE SCHEDULE The Union National Bank of Pittsburgh, Agent Principal cash Income cash Northwestern Mutual Life Insurance Company Policy# 5173254-terminal reserve Policy# 5173255 -terminal reserve Massachusetts Mutual Life Insurance Company Refund of premiums under waiver of premium provision on policy # 1517029 (1963 to 1966) Dorothy Donnan Duncan _ Reimbursement for overpayment of 1967 Income Tax liability by decedent which was applied to her 1967 tax liability. Stocks 1 share Washington Airport Association Capital @ 1.00 64 shares Freeport Coal Company Common @ 36.25 Miscellaneous $5,000 face value, Note of Freeport Coal Company @ 4% . Accrued Interest from date of note 7/13/50 deemed uncollectable $ 350.61 45.79 5 ,681. 76 2,268.89 2,080.94 3,908.27 0.00 2,320.00 5,000.00 0.00 $21,656.26 •• ,. , 1'\. . .REAL. ESTATE SCHEDULE REAL ESTATE IN PENNSYLVANIA 1/Jrds interest in lots 17 and 43 to 48 inclusive being seven lots in all in the Wade Land Company Plan of Lots, 5th Ward, Washington, Pennsylvania. Proceeds sale J/12/68 None MEMORANDUM OF REAL ESTATE OUTSIDE THE COMMONWEALTH OF PENNSYLVANIA $1,066.67 $ 0.00 .-----; ~ . I . ; ·In the matter or the Audit of Account ln E•tato ol ,' ~ ~· piM<&&n -w. No 7 /; { . _____ __. 19l!!..!i. A~ A. TO THE AUDITING JUDGE: ,· .·• Enter ____ ~_./J'-'·L...:;..· ---v<'>~· __ .appOa.an:• r0 , __ :~~=.-:=.~;::·.::l!...:~:.:-::...!:...-=-..:u:::;Jo~ :=·=·--"· ... ~_·· _··------------- N. B._..:.counsel shall. by separate plper. present a concise statement o( each claim, with supporting calcubtion of any interest claimed. Objections to an account as filed, snail b'l concisely stated in a separate paper. Council sug::;estin:;; proper distribution shall file a separate concise state- ment in that regard. · 19_l[j__ ) ~. -..... ··t ~n t4t <lrnurt nf <lrnmmnn l}llrns nf llns~ingtnn <lrnunty. Jrnusylnnnin, ®rp~nns· <lrnurt lliniainn 7t...% ESTATE OF No. 486 of ] 969 James E. Duncan III deceased. In the matter of the First and Fina.l Account of The Union National Bank of Pittsburgh, Executor ADJUDICATION AND DECREE And now a.r . , 19_JJJ_, this matter came on for hearing, audit and distribution at this sessic;>n and testimony aken; and thereupon, upon due consideration thereof the balance for distribution in the hands of the Accountant is determined to be $ 18, l18h ,99 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 ________________ _ Additional debit asked at audit 315.10 $ 18,906,69 421.70 Additional credit asked at audit Balance'--------------------- Deduct Clerk's Costs & Receiptc::l-------------- Attomey ___ ...;M=a=r'-'t=i=n.::.J'a......;;F~e-r;..,l;g.u;;.;;s;.....;&.;......;Z;;.;e;...;w.;..;e;.._ ______ _ Dorothy Donnan Duncan and the Union National Bank of Pittsburgh, Trustees under Paragraph Folrth of the Will, Trust for Dorothy Donnan Duncan, Trust A, including the following assets, held in kind and distributed as such at the value as shown:• $ 18,484.99 36.50 $ 18,448.49 ~.-p1-7 tJ l ;?mE-r at:-.J-c (d~11-~p~ ~C' Principal Personalty including 64 shares common stock of Freeport Coal Compa.ny valued at $2320.00; $5000~00 Face Value Note of Freeport Coal Company 4% (Accrued Interest from date of note 7-13-50 deemed uncollectable) $5ooo.oo and cash in the amount of $5117.61 together with Income Person- alty cash in the amount of $465.72; ~290 • $ The Union National Bank of Pittsburgh, Trustee der Paragraph Fifth of the Will, Trust B; 1/7 as 5,545.16 Trust for Adah Donnan Duncan including principll cash of 734.94, income cash of 57.22, 792.16 Trust for James Edwin Duncan IV, 1/7 including principal cash of $734.94, income cash of 57.2~, 792.16 Trust for Dorothy Donnan Dunca.n, 1/7 including principal cash of $734.94, income cash of 57.2c, 792.16 Trust for Mary Amy Duncan Flynn, 1/7 including principal cash of $734.94, income cash of 57.2 , 792.17 Trust.for Gloria Griffiths Duncan, 1/7 includin~ principal cash of $734.94, income cash of 57.2 , 792,17 0 ~ ~ oofoo :; w z g ..... p =r ._.. i c Cl) ~ a 3 0 0 0 -· oofoo oofoo ::t Cl) .. ~ a t 0 er -..... = =r N Cl) ~ & s ~ . ~ ~ ~ Trust for Andrew Patterson Duncan, 1/7 includin principal cash of $734.94, income cash of 57.2 , 792.1 Trust for Frances Elizabeth Duncan, 1/7 includ- ing principal cash of $734.94, income cash of $57.23, 792.1 No balance 31 0 )> z ..... ::J ~ n ~ n ...... ? ~ 0 :::r ty 0 1: CD ~· nr ::1. 3 J.--1t> ~ 0 0 0 ..... .... :::1: .... CD ~ .., ~ 0 ..... ...... :::r CD t = .. ~ s ~ ::t ~ ~ ....... c.o 25 ::n r . 'l~., ' - ' ., -) I • ., l ...J .. . . . :--.i . ;"~ I i .. r •• : 0 ,-c.j • (./) '-' ~ Ul Form OC 91 3Jn t!Jt ilatttr of t!Jt £atatt of James E. Duncan, III DECEASED IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION 1~g No. .!:fSb--of 19 69 rs 1/22/70 THE UNION NATIONAL BANK OF PITTSBURGH J(uont .i\11 tQ!lru ifily wl-,tat Jrraruta, that l,Trustee Under the Will of James ,E. Duncan, III do hereby acknowledge to have received from THE UNION NATIONAL BANK OF PITTSBURGH ______________ E_XE __ C_U_T_O_R _________________________ thesum of (EXEOOTOR-ADMINISTR.ATOR-THOSTEE-GOARDIAN) Cash-Eleven Thousand One Hundred Twenty($11,128.49 Eight Dollars and .49/100 ) Dollars and various securities having a value of $7,320.00 having a total value of $18,448.49 allocated to various Trusts as indicated on the Adjudication and Decree AdJud1cat1on and in full of the amount a warded me under the! decree of the Orphans' Court of~ Washington County, Pennsylvania, entered at the above number. And I do further authorize and direct the Clerk of the Orphans' Court to en- ter a receipt on the Audit Docket in my name, place and stead. lllitttt55 my hand and seal this .;).IJ ~ day of ~ 19 7Q /---~ THE UNION NAT~ OF PITTSB=+.UR'*'G"""H,..... L~/~~-r,~~Trustee Under the Will of James E. Duncan, III, Dec'd lA,.~-(SEAL) S~or Vice President Fee for Filing this Receipt -$2.00 If ·•] ., • ., • ...., t ~ ( ..... g J ••• ~ \. -J ! ; ..... ~ 15-'--S·I'L IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY, PENNSYLVANIA .. --·-·--· -~ .. :c . ~ -. . < . ... -·-· L() ... t "' --: ~. ·. -•. -; c:r-r:-J ,- ~· •J JAMES E. DUNCAN, III, DECEASED TRUST A ~ -.... u ) -· -·-~ (=~ --~ ::.> ( t.....t-·-C) --<--~~ Cc !--'-' t ·, -· ~..L.! (./ D ..... : ~;? ORPHANS' COURT DIVISION NO. 768 OF 1969 RECEIPT AND RELEASE PAGES WITH STATEMENTS "CODE ·------- II TRUST UNDER WILL FILED ON BEHALF OF DOROTHY DONNAN DUNCAN (NOW DECEASED) AND NATIONAL CITY BANK FORMERLY NATIONAL CITY BANK OF PENNSYLVANIA, SUCCESSOR TO INTEGRA TRUST COMPANY, NATIONAL ASSOCIATION, INTEGRA NATIONAL BANK/PITTSBURGH, AND THE UNION NATIONAL BANK OF PITTSBURGH, TRUSTEE COUNSEL OF RECORD NONE / I r IN THE COURT OF COMMON PLEAS OFWASHINGTON COUNTY, PENNSYLVANIA IN RE: JAMES E. DUNCAN, III, DECEASED TRUST A No. 768 OF 1969 RECEIPT, RELEASE, INDEMNIFICATION AND REFUNDING BOND We, JPMorgan Chase Bank, N. A., formerly Bank One Trust Company, Trustee for the Dorothy Donnan Duncan Trust, hereby acknowledge having received and reviewed a copy of the Will of James E .. Duncan, III. In addition, we hereby acknowledge having examined the Statement prepared by Dorothy Donnan Duncan (Now Deceased) and National City Bank formerly National City Bank of Pennsylvania Successor to Integra Trust Company, National Association, Integra National Bank/Pittsburgh, and The Union National Bank of Pittsburgh, Trustees under the Will of James E. Duncan, III (hereinafter referred to as "the Trustees"), attached hereto and made a part hereof as Exhibit "A", detailing the principal receipts and disbursements and the income receipts and disbursements and are satisfied that the Statement represents a true and accurate representation of the activity occurring in the James e. Duncan, III, Deceased Trust A during the period beginning December 1, 2008 and ending on the date last set forth below. We ratify and confirm the completeness and accuracy of the Statement, waive our right to receive Statements from the inception of the Trust, and accept the distribution hereunder, together with all previous distributions set forth in said Statement, in full satisfaction of any and all rights, interest and claims which we may have therein. We hereby acknowledge receipt of the following: See Attached I : PRINCIPAL-PERSONALTY Temporary Investments *$165,198.72 Short Term Investments Trust Treasury Portfolio Inst (Treat as Cash) Less Reserve: Register of Wills of Washington County, Pennsylvania Cost of Filing Receipt & Release Pages National City Bank 2008 Tax Service Fee 2009 Tax Service Fee $165,198.72 100.00 $165,098.72 240.00 240.00 INCOME -PERSONALTY **Cash Less Reserve: National City Bank 2008 Tax Service Fee 2009 Tax Service Fee $ 3,421.57 240.00 240.00 *Note: Subject to Market Value Fees until account closes. **Note: All cash is invested in Short Term Investments Trust Treasury Portfolio Inst. Account Value $ 164,618.72 2,941.57 $ 167.560.29 In consideration of the Trustees' willingness to make the distribution hereunder without first securing the benefit of a formal court audit, we agree to be bound hereby and to bind our heirs, personal representatives and assigns, to: . I • A. Release the Trustees, their successors and assigns, from any and all liability which they ' - may have by reason of their administration of said Trust through the date below, including but not limited to any liability for federal, state or local income taxes, all estate taxes, inheritance taxes, transfer taxes and other taxes of a similar nature, and any interest or penalties related thereto which may be assessed against us or our estate; B. Release the Trustees from proceeding with any further steps in the administration of said Trust including the filing of a final Account, holding of an Audit or petitioning for issuance of a Decree; C. Indemnify the Trustees and save them harmless from and against our pro rata share of any and all liabilities and expenses (including attorneys' fees and other costs of litigation or taxes of any type} which may be assessed against the Trustees or the said Trust arising by reason of the Trustees' administration of said Trust through the date below, or to which the Trustees or the said Trust may be subjected after the date below by reason of such administration; D. Waive the issuance of any notice whatsoever that may be required to be given to us either by law or Rules of Court; and E. Refund or return promptly, upon the Trustees' written demand, any property received by . us hereunder, or the value thereof, which may be determined to have been distributed to us improperly by mistake, negligence or otherwise. DATED this _75=--#.--~-day of ~a·· ,&ooq Morgan Chase Bank, N. A., formerly Bank One Trust Company, Trustee for the Dorothy Donnan Duncan Trust --+--""~~,._____...~~~~------=:c-=-~'-'¥F-" f_.-=~-·~ ______ (SEAL) U Cathy E. Simons, Vice President I r- National~ National City Bank RELATIONSHIP MANAGER: MICHELLE L VEGA PHONE: 800-628-8151 ADMINISTRATIVE OFFICER: LAURIE A BAISCH PHONE: 800-628-8151 STATEMENT OF.ACCOUNT FOR THE PERIOD 12/01/08 THROUGH 12/10/08 · CO-TRUSTEE U/W OF JAMES E DUNCAN III DEC'D FOR DOROTHY DONNAN DUNCAN TRUST A ACCOUNT NUMBER: 46P00532005 ACCOUNT COPY La~. ~ E-t H r:CI H ~ ~ IMPORTANT INFORMATION ABOUT YOUR ACCOUNT MARKET VALUES SHOWN ON THIS STATEMENT ARE OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE. HOWEVER, NATIONAL CITY AND ITS AFFILIATES CANNOT GUARANTEE THEIR ACCURACY NOR THE LIQUIDITY OF ANY INVESTMENT. FOR ASSETS NOT TRADED ON AN EXCHANGE, INCLUDING BUT NOT LIMITED TO CLOSELY-HELD SECURITIES, LIMITED PARTNERSHIPS AND HEDGE FUNDS, THE MARKET VALUE IS REPORTED BASED ON EITHER A VALUATION/ESTIMATE OR COST OR AT A NOMINAL AMOUNT. IN ANY EVENT, THE REPORTED MARKET VALUE MAY NOT BE CURRENT TRUE MARKET VALUE AND SHOULD NOT BE RELIED UPON FOR PURPOSES SUCH AS LOAN COLLATERAL. STATUTE OF LIMITATIONS: A STATUTE OF LIMITATIONS IS THE PERIOD OF TIME WITHIN WHICH AN ACTION MUST BE FILED OR ELSE BE BARRED. AN ACTION FOR BREACH OF TRUST BASED ON HATTERS DISCLOSED IN A TRUST ACCOUNTING OR OTHER WRITTEN REPORT OF THE TRUSTEE MAY BE SUBJECT TO A STATUTE OF LIMITATIONS PERIOD THAT COMMENCES FROM THE DATE A BENEFICIARY IS SENT OR RECEIVES THE TRUST ACCOUNTING OR OTHER WRITTEN REPORT. IN ORDER FOR THE STATUTE OF LIMITATIONS TO COMMENCE IN SOME STATES, SUCH AS FLORIDA, MICHIGAN, MISSOURI, OHIO AND PENNSYLVANIA, TRUST BENEFICIARIES MUST ALSO RECEIVE NOTICE THAT DISCLOSES THE STATUTE OF LIMITATIONS PERIOD. IN FLORIDA THIS STATUTE OF LIMITATIONS PERIOD IS SIX MONTHS FROM THE DATE SUCH AN ACCOUNTING OR REPORT IS RECEIVED. IN MICHIGAN AND MISSOURI THIS STATUTE OF LIMITATIONS PERIOD IS ONE YEAR FROM THE DATE SUCH AN ACCOUNTING OR REPORT IS SENT. IN OHIO THIS STATUTE OF LIMITATIONS PERIOD IS TWO YEARS FROM THE DATE SUCH AN ACCOUNTING OR REPORT IS SENT. IN PENNSYLVANIA, THE STATUTE OF LIMITATIONS RUNS SIX MONTHS AFTER THE TRUST BENEFICIARY RECEIVES THE FOURTH CONSECUTIVE ANNUAL TRUST ACCOUNTING OR REPORT SUBSEQUENT TO THE ANNUAL ACCOUNTING OR REPORT FOR THE YEAR IN WHICH THE TRANSACTION OCCURRED. STATUTE OF LIMITATIONS PERIODS VARY FROM STATE TO STATE, OR MAY DIFFER BASED ON ACCOUNT TYPE, AND IN SOME STATES, MORE THAN ONE STATUTE OF LIMITATIONS MAY APPLY TO AN ACTION. IF YOU HAVE QUESTIONS REGARDING ANY STATUTES OF LIMITATIONS, PLEASE CONSULT YOUR ATTORNEY. MUTUAL FUNDS ARE NOT INSURED OR GUARANTEED BY NATIONAL CITY OR ANY OF ITS AFFILIATES, THE FDIC OR ANY OTHER GOVERNMENT AGENCY OR GOVERNMENT-SPONSORED AGENCY. COMMON TRUST FUNDS / COLLECTIVE FUNDS: ERNST & YOUNG COMPLETES AN ANNUAL AUDIT OF OUR COMMON AND COLLECTIVE FUNDS. IF YOUR ACCOUNT HOLDS ONE OF THESE FUNDS, A COPY OF THE HOST RECENT REPORT WILL BE PROVIDED TO YOU UPON REQUEST. TEMPORARY INVESTMENT PRACTICES: · IF THIS ACCOUNT UTILIZES A MONEY MARKET SWEEP VEHICLE, AVAILABLE CASH IS AUTOMATICALLY TRANSFERRED EACH BUSINESS DAY TO A DESIGNATED HONEY MARKET FUND. NO FEE IS CHARGED FOR THIS SERVICE, UNLESS SPECIFICALLY ARRANGED BY AGREEMENT WITH YOU AND REFLECTED ON YOUR STATEMENT. SHAREHOLDER SERVICING FEES: CERTAIN MUTUAL FUND FAMILIES PAY FINANCIAL INSTITUTIONS FOR PROVIDING SHAREHOLDER SERVICES, INCLUDING BUT NOT LIMITED TO, AGGREGATING AND PROCESSING PURCHASES AND REDEMPTIONS, ALLOCATING DIVIDENDS AND DISTRIBUTING PROXY MATERIALS. PAYMENT FOR SUCH SERVICES IS NOT CHARGED TO YOUR ACCOUNT; IT IS A FUND LEVEL EXPENSE AND VARIES ACCORDING TO FUND. GENERALLY, THE ANNUAL AMOUNT RANGES BETWEEN 0.15% AND 0.40% OF THE DAILY NET ASSETS. UPON REQUEST, NATIONAL CITY WILL PROVIDE DETAILS ABOUT SUCH FEES, IF ANY, FROM MUTUAL FUNDS HELD IN YOUR ACCOUNT. NATIONAL CITY'S RECEIPT OF ANY FEES OF THIS TYPE WILL HAVE A DE HINIMUS OR NO IMPACT ON THE FUND'S YIELD. NATIONAL CITY DOES NOT RECEIVE SHAREHOLDER SERVICING FEES FOR ALLEGIANT FUNDS HELD IN YOUR ACCOUNT. INVESTMENT MANAGEMENT FEES: NATIONAL CITY BANK RECEIVES A CO-ADMINISTRATOR FEE FROM ALLEGIANT FUNDS OF .0375% PER ANNUM. ALLEGIANT ASSET MANAGEMENT COMPANY, AN AFFILIATE OF NATIONAL CITY CORPORATION, RECEIVES INVESTMENT ADVISORY FEES PeR ANNUM AS FOLLOWS: ALLEGIANT ADVANTAGE INSTITUTIONAL MONEY HKT FD $1.50 PER $1000 ALLEGIANT INTERMEDIATE TAX EXEMPT BOND FUND $5.50 PER $1000 ALLEGIANT TREASURY HONEY MARKET FUND $3.00 PER $1000 ALLEGIANT TOTAL RETURN ADVANTAGE FUND ~5.50 PER $1000 ALLEGIANT GOVERNMENT MONEY MARKET FUND $3.00 PER $1000 ALLEGIANT GOVERNMENT MORTGAGE FUND $5.50 PER ~1000 ALLEGIANT HONEY MARKET FUND $3.00 PER $1000 ALLEGIANT LARGE CAP CORE EQUITY FUND $7.50 PER HOOO ALLEGIANT OH MUNICIPAL HONEY MARKET FUND $2.00 PER $1000 ALLEGIANT LARGE CAP GROWTH FUND $7.50 PER $1000 ALLEGIANT TAX EXEMPT MONEY MARKET FUND $2.00 PER $1000 ALLEGIANT LARGE CAP VALUE FUND $7.50 PER $1000 ALLEGIANT PA TAX EXEMPT MONEY MARKET FUND $2.00 PER $1000 ALLEGIANT BALANCED ALLOCATION FUND $7.50 PER $1000 ALLEGIANT S&P 500 INDEX FUND $3.50 PER $1000 ALLEGIANT MID CAP VALUE FUND $10.00 PER $1000 ALLEGIANT ULTRA SHORT BOND FUND $4.00 PER $1000 ALLEGIANT MULTI-FACTOR SMALL CAP CORE FUNDl $10.00 PER $lCOO ALLEGIANT LIMITED MATURITY BOND FUND $4.50 PER $1000 ALLEGIANT MULTI-FACTOR SHALL CAP GROWTH FUNDl $10.00 PER $1000 ALLEGIANT HIGH YIELD BOND FUND $5.00 PER $1000 ALLEGIANT MULTI-FACTOR SMALL CAP FOCUSED VALUE FUNDl $10.00 PER $1000· ALLEGIANT OH INTERMEDIATE TAX EXEMPT BOND FUND $5.50 PER $1000 ALLEGIANT MULTI-FACTOR SMALL CAP VALUE FUNDl $10.00 PER $1000 ALLEGIANT HI INTERMEDIATE MUNICIPAL BOND FUND $5 .. 50 PER $1000 ALLEGIANT MULTI-FACTOR MID CAP GROWTH FUND $10.00 PER $1000 ALLEGIANT PA INTERMEDIATE MUNICIPAL BOND FUND $5.50 FER $1000 ALLEGIANT SMALL CAP CORE FUNDl $10.00 PER HOOO ALLEGIANT BOND FUND $5.50 PER $1000 ALLEGIANT SHALL CAP GROWTH FUNDl $10.00 PER $1000 ALLEGIANT INTERMEDIATE BOND FUND $5.50 PER $1000 ALLEGIANT INTERNATIONAL EQUITY FUND $11.50 PER $1000 1 THE INVESTMENT MANAGEMENT FEES FOR ALLEGIANT SMALL CAP FUNDS ARE TIERED AS FOLLOWS: 1.00% ON ASSETS UNDER MANAGEMENT LESS THAN $500 MILLION, 0.95% ON ASSETS FROM $500 MILLION TO LESS THAN $1 BILLION AND 0.90% ON ASSETS OF $1 BILLION AND OVER. National~ National City Bank • JAMES E DUNCAN III, DEC'D TRUST A ACCOUNT NO. 46P00532005 ASSil __ CAI~G.ORY PRINCIPAL CASH INCOME CASH CASH EQUIVALENTS TOTAL ASSETS ASSET SUMMARY AS OF 12/10/08 BOOK !LA.I..!J..E. 3,421.57- 3,421.57 168,620.29 168,620.29 PERCENT MARKET OF ~ ACCOUNT 3,421.57-2.03-% 3,421.57 2. 03 % 168,620.29 100.00 % --- 168,620.29 100.00 % ESTIMATED ANNUAL ll!..C..Q.JiE 3,339 3,339 L~ ·.PAGE INCOME YIELD AT .tiAB..K..E..I 1.98 % 1.98% .1 -·· National City Bank JAMES E DUNCAN III, DEC'D TRUST A ACCOUNT NO. 46P00532005 BEGINNING BALANCES ASSET RELATED ACTIVITY CASH SWEEP ACTIVITY TOTAL ASSET RELATED TRANSACTIONS ~ CASH EQUIVALENTS TOTAL INCOME ENDING BALANCES CASH/COST RECONCILIATION 12/01/08 THROUGH 12/10/08 PRINCIPAL CASH 3,228.05- 193.52- 193.52- 0.00 o.oo· 3,421.57- PAGE 2 INCOME -C.A.S.I:L BOOK VALUE 3,228.05 168,426.77 !L...Q.Q. l23,SZ 0.00 193.52 l.ll...S.Z. Q,QQ 193.52 0.00 3,421.57 168,620.29 ·~ . '. National City Bank JAMES E DUNCAN III, DEC'D TRUST A ACCOUNT NO. 46P00532005 PAR VALUE OR SHARES CASH EQUIVALENTS ASSET DESCRIPTION PRINCIPAL CASH INCOME CASH CASH EQUIVALENTS -TAXABLE MONEY MARKET FUNDS-TAXABLE 168,620.29 SHORT TERM INVTS TR TREAS PORT-INST CUSIP: 99FED0572 TOTAL CASH EQUIVALENTS TOTAL ASSETS -- ASSET STATEMENT AS OF 12/10/08 BOOK VALUE COST PER UNIT 3,421.57- 3,421.57 168,620.29 l. 00 168,620.29 168,620.29 MARKET VALUE MARKET PRICE 3,421.57- 3,421.57 168,620.29 1. 0 0 0 168,620.29 168,620.29 UNREALIZED GAIN/LOSS <BOOK TO MKTl 0.00 o.oo 0.00 PAGE 4 INCOME ACCRUED YIELD AT l..li.C..!ll1f. MARKET 50 1.98% 50 1.98% 50 l.98 % ;,a.' ' National Cit}t National City Bank JAMES E DUNCAN III, DEC'D TRUST A ACCOUNT NO. 46P00532005 BEGINNING MARKET VALUE ~ CASH EQUIVALENTS TOTAL INCOME ENDING MARKET VALUE ACCRUED INCOME TOTAL VALUE ~ MARKET VALUE RECONCILIATION 12/01/08 THROUGH 12/10/08 PAGE 3 168,426.77 193.52 193.52 168,620.29 50.47 168,670.76 . . . National Cit¥ National City Bank JAMES E DUNCAN III, DEC'D TRUST A ACCOUNT NO. 46P00532005 DATE 12/01/08 TRANSACTION QESCRIPTION BEGINNING BALANCES CASH RECEIPT OF INTEREST EARNED ON FEDERATED SHRT TRM US GOV TR FD 57 INTEREST FROM 11/1/08 TO 11/30/08 CASH SWEEP ACTIVITY FEDERATED SHRT TRM US GOV TR FD 57 TOTAL PURCHASES TOTAL SALES TOTAL CASH SWEEP ACTIVITY ENDING BALANCES TRANSACTION ACTIVITY 12/01/08 THROUGH 12/10/08 PRINCIPAL CASH 3,228.05- 193.52- 193.52- $3,421.57- INCOME ~ 3,228.05 193.52 0.00 0.00 $3,421.57 ~ PAGE BOOK VALUE 168,426.77 193.52 0.00 193.52 $168,620.29 5 oc ;i' 7 J ; Form RCC-.. 33 COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS (' .... ~ RESIDENT DECEDENT COUNTY OF ...... WASlUNGTON ............................. . IMPORTANT: This return must be completed in detail and filed in duplicate, with will attached, with the Register of Wills of the County where decedent resided; Return is due within one year after date of death, unless an extension is granted hy the Secretary of Revenue. (Section 703 of the Inheritance and E_st;ate Tax Act of 1961.) ...... ~~J.::.:~=~:~l;;~TE OF ................. }::::UA;~: OF (State full name of decedent) Late of ............ ....... .. .:Waahington. ....... . ... . . . .. . .. .... County " .... . • 4 • 4' ll 4\. <II~ ... \ • >'t ,.;;o I f ,. State of ..... •••.••• ~-=:::~:::::~::}·" County of . . .... . ... ......... DE. UllOli .. BAT.IOBAL BUlK Ol. PmSBURGB ............................... . Executor of the estate of the above-named decedent being duly sworn, depose 8 and say 8 Decedent ·died ................ 10 ............ , 19 .... 67 .... ,J testate leaving a last will, copy of which is hereto attached. } (lJay) (Year) l'DXliD'J& ....................... September . (Month) otherNaamuet:::i:::·:::r:fse:\t::;:: ;:} ~-9oo illir:~t tfttsieq_ • .. aDCL ·Mo'":ib ~h!a.· !,~et·················· .. . whom all correspondence should be PJ.t\eb\Jrgh, Penn.j'ivarda lS219 . Waab!.ngton, Peanoiben.la-.. 15301 ........ mailed. That as such ........... E:Qcu.tor ................. deponent is familiar with the affairs of said estate and the property con- <Ex.,rutor-~IJIQ!t> 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:- THIS SAFE DEPOSIT BOX RENTED IN NAME OR NAMES OF RELATIONSHIP OF JOINT HOLDERS TO DECEDENT That the contents of said safe deposit box or boxes are itemized under Schedules ______ of this return, with the exception of the following, for the reasons hereinafter set forth: That Schedule A attached hereto and made part hereof sets forth full v 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 th'e 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- debtedness of the United States to the decedent; all obligations, whether by statute or agreement they are designated as tax free, of the United States, or any state, or political subdivision thereo~ or of any foreign country, which are owned at the time of death; all wearing apparel, jewelry, silverware, pic- tures, books, works of art, household furniture, horses, carriages, automobiles, boats, and any and all other personal chattels of whatsoever kind or nature, left by decedent, together with the fairly estimated market value thereof; all bonds and mortgal!es held by decedent and of all claims due and owing decedent at the time of death, and all promissory notes or other instrl~ents in writing for the payment of money of which decedent died possessed, of whatsoever nature, with interest thereon, if any, giving the face value and estimated fair market value thereof, and. if such estimated fair market value be less than the face value, it sets forth briefly the rP-asons for such depreciation-as to each item; all m?neys payable to the P-state from life insurance polici-es carried by decedent; all annuity anrl endowment contracts the proceeds of which were payable upon the death of the decedent; and all the corporate stocks and dividends due thereon and unpaid as of the date of death, bonds and accrued interest thereon to the date of· dece- dent's death and other investment securities owned by the decedent at the time of death, with the market value thereof at such time. .. ' In the case of securities of close or family corporations, the values reported are as far as possible substantiated by financial statements of the corporations, showing the assets and liabilities thereof as of the'date of death. The schedule also sets forth the interest of decedent at the time of death in any co-partnership or business, and in support of the value of such interest there is annexed to said schedule, financial statements showing the assets and liabilities of said co-partnership or business. A copy of the co-partnership agreement, (if oral, a statement setting forth the nature of the agreement) together with a statement setting forth the character of the business, its location, and such other facts pertaining to the business as may be pertinent to a fair and just appraisal of the decedent's interest therein must be submitted. It should also set forth in itemized form, together with the fair market value thereof, any other property owned or bequeathed by the 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 t~ke 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 transfe~ee 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 copy of the deed, trust agreement or other instrument creating the trust. Thero~ is also set forth in said schedule a list of all property, real and personal, with its value, which passes at decedent's death by virtue of the exercise by decedent, either individually, or jointly with another, or any power of appoint- ment vested in decedent, either individually or jointly, by the will, deed, or other instrument of another, with a copy of the instrument creating such power attached to the schedule. That Schedule D attached hereto and made part hereof sets forth the names and addresses of all persons beneficially interested in this estate at the time of decedent's death, the nature of their res- pective interests, their relationship, if any, to the decedent, together with the ages at the time of decedent's death of all minors, annuitants and beneficiaries for life under decedent's Will. It also contains a statement showing which of the beneficiaries named in the decedent's will, if any, died prior to decedent, the dates of their death, their issue, andthe relationship of such issue to the beneficiary. That Schedule E attached hereto and made a part hereof sets forth all property, real and per- sonal, owned by the decedent jointly with another or others, including intangible, standing in the name of the decedent and others, plus the date and place of record of instruments effecting the vestiture of real estate and the date of acquisition of personalty, plus the name, address and relationship, if any, of co-owners to the decedent. That Schedule F attached hereto and made a part hereof sets forth fully and in detail all debts and deductions claimed for and on behalf of this decedent's estate, including funeral expenses paid; family exemption, where applicable; costs of administration of this estate; counsel fees and fudiciary's commissions paid or to be paid; cost expended for burial trusts, tombstones or gravemarkers, and reli- gious services, in consequence of the death of the decedent; debts and claims owing and unpaid at time of death; taxes accru~d charge.able for period prior to decedent's death (except. those allowed under Section 651 of the Inheritance and Estate Tax Act); together with a statement of collateral pledged for obliga- tions, if any. It is agreed that the fiduciary will present proof of said claimed obligations upon re- quest, that if the amount actually paid in settlement of any fee, commission or debt is less than the estimated amount claiming and allowed, that the same will be reported to the Register of Wills, and that the amount of tax assessed can be reassessed in accordance therewith. That the totals of the appropriate columns in Schedules "A", "B", "C", "E", and "F" as directed therein,. have been carried forward and properly registered in the Summary. Subscribed and sworn to before me this ................................ . ................ ~ ............ 9.t.h ................. day of ................ P..~.9.~mP.~r ............... 19 .... 68. .. . LELAND T. DAY lotu)t Public Pittsburgh, Allegheny County My Commission Expires February 1, 1971 mE UHIOI HATIOHAL BAmt or PMSBU.RGB B;r ............................... J .. ~ .... P..QN.M!P. .... J?..AT.!.QN ....................... ~ .. ·····-··· Sanior(Executor-lo• Preaident f.o.at ... Ot.t1c.t .... ~ ... ~l7. ........................................................ -.. -.. (Street Number) P.ittaWr.alb ..... r..~g~J.~ .... ~.~."-Q ......................... . (City or Town and State) NOTE: Before signing affidavit make sure all blank spaces in the affidavit and schedules annexed are filled in with details or the word "None", and in case the assets include rare and unlisted securities, securities of close or family corporations or an interest in any co-partnership or business, that the data and statements required under the paragraph above relating to Schedule "B" are attached. Also make certain that column #1 in the "Summary" has been properly completed as above-directed. RCC-34 (1-64) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "A" REAL PROPERTY Real property in Pennsylvania, with statement of mortgage encumbrances upon each parcel at death of dece- dent. Where property heid as joint tenant or tenancy by entireties, report on Schedule "!:". Property hf'ld by the de.cedent as tenant in common with another or others, should .be identified as to quantum of interest and the estimated value should be that of the decedent's interest only. The real property located In the Commo(lwealth of Pennsylvania should be (1) (2) (3) described by lot and block number, street and street number, together wl th D~PARTMENT a general description of the property, with a reference to the record af the ASSESSED VALUE VALUATION conveyance by which the decedent took title; If a farm state number of a-FOR YEAR OF ESTIMATED CAUTION cres; alsa statement of mortgage encumbrances upon each parcel at death DECEDENT'S MARKET VALUE (Do not write of decedent. Taxes, assessments, accrued Interest on mortgages, etc.,are DEATH In this spoce) to be listed on Schedule "F" and must not be deducted from this schedule. See cow ot inventory attat:hed &1,066.6~ '- Insert this total opposite "real property", Schedule "A" in the X X X X X "As Reported" column on the last page of this return. / RCC-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 or or income from any property held in trust under the will or agreement of another, even though located outside of the State, at the time of death, should be listed in this schedule. Item No. ITEM List and describe fully See COP1 ot invento17 ataobad , Insert this total opposite "Personal Property", Schedule "B" in the "As Reported" column on the last page of this return. UNIT VALUE X X ESTIMATED MARKET VALUE $21,6.56.26 DEPARTMENT VALUATION (Do not write in this space) . RCC-% CmP.IfON'I'EALTH OF PENNSYLVANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT SCHEDULE "C" TRANSFERS (1) Did decedent, within two years of death, make any transfer of any material part of his estate, without receiving a valuable and adequate consideration therefor? (Answer yes or no) HQ (2) Did decedent, within two years of death, transfer property from himself to himself and another or others (including a 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 1 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) No (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 val_u_a_b_l_e __ a-nd-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) No (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 promise to pay income to or for the benefit of care of transferor? (Answer yes or no) lo (8) Did decedent, at any time, transfer property, the beneficial enjoyment of which was subject to change, because of a reserved power to alter, amend, or revoke, or which could revert to decedent under terms of transfer or by operation of law? (Answer yes or no) 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) __________ __ 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 l~one Insert this total opposite "Transfers", Schedule "C" in the "As Reported" column on the last page of this return. MARKET VALUE (Estimated) ;o.oo DEPT. VALUATION (Dept. Only) RCC-38 COMMONWEALTH OF l'ENNSYLV!\NIA TRANSFl<;R INHF.IUTANCE TAX RESIDENT DECEDENT SCHEDULE "E" JOINTLY OWNED PROPERTY INSTRrCTIOKS: This schedule must disclose all property, real and personal, owned by the decedent jointly with another or others, including intangibles, standing in the name of the decedent and others. List real estate first, as entireties, or joint tenants, giving brief description, as indicated under Schedule "A", plus the date and place of record of instrument effecting vestiture, but do not include entireties or out of state real estate value in estate valuation column. Personal property should be listed as in Schedule "B", plus date of acquisition, and the name, address and relationship (if any) of co-owners to the decedent. Description of Property, Date of Acquisition, Name l Unit Address and Relationship of Co-Owners, and Place I Value of Record of Instrument, where Real Estate. ! U~ed real eate.te situate Stevart Stree1 , 'th Ward, W~ton Count7, Wash1qton, PcmneJlvania, oon111ting ot lots 18, 19, and 8ne-half' of 20. Hon-tomble Above lots owed ae tenanta-tzy'-ent1retl•o with Doro~ D. ::Duncan, wUe. percentage Estate Share Valuation oo.oo DEPARTMENT VALUATION CAUTION-Do not Write In This Space. Value of Entire Property Value of Decedent's Interest I I Insert this total opposite "Jointly Owned Property", Schedule "E" ·aa.oo in the "As Reported" column on the last page of this return. h (12-63) COMMONWEALTH OF PENNSYYLANIA TRANSFER INHERITANCE TAX RESIDENT DECEDENT BENEFICIARIES AND ADDRESSES State full names and addresses of all who ave an interest, vested, contingent or other- wise, in estate) .. , ..... .._ n. nnn,. ..... .... 112 l.a :u. I ••· ... lJAAhi.-... +..._.,.. 'PJilnn.vlvi1.1'\4A 1C)101 .. The Union National Bonk of P2h. D--•"'-Donnan Duncan .. Trustees under Fourth Paragraph (Trust A) of the Will The Unfnn Na+.4~nn1 Bank of Pazh. ..... .... n'I'M1-Fif"t.h p .. -..... aoh • (Trust B) of the Will ··.~· .. SCHEDULE "D" BENEFICIARIES RELATIONSI;IIP SURVIVED DATE INTEREST OF (If step-children or illegitimate children DECEDENT OF BENEFICIARY are involved, set STATE YES IN ESTATE forth this fact.) OR NO BIRTH Wif"A YAA .Sni .TnP'lA .,., . . --~ - Marital Deduction Trust Residue -- Deponent further says that all the above-named beneficiaries are living at this time except below: NAME DATE OF DEATH RESIDENCE --- Will Administration ( No. Year .. 19.6... ..8. .. i-, L r-· 0 -J c IS THE ~lA TIER OF THE APPRAISEMENT Ir -r 1 t ' ' , -"' J tj i') •• •: l ...! t.. 1 ,, l l /1; I --.J Jo 45 OF THE ESTATE OF r'• ..... rrt '~ "1·~fi'.''~ r. __ ... ; :.c, •. ,~-~s . James .. E.. .P.une.an., ... III. Deceased Late of . ~at. .. W.~ob1n.gton. :eoroup ... County of \14ehington ... Commonwealth of Pennsylvania REPORT AND APPRAISAL WUliall D. Sutton, Esq. Thorp, Reed & /nurtrong 2900 Grant &1ilding Pittsburgh, Pennsylvania 15219 Martin, ~e & Fergus 27 Sou.th College Street \lashington, Pennsylvania 15.301 (Executor-Administrator must complete "As Reported" column #1.) 0 ... 0 "' "' ...., ll> X ll> 0'"' (b' trl "' ..... ll> ..... (1) ...., "' ~ ... (1) (1) ll> ... ll> ::s "' -"' 0 ...,.., ::s "' (1) ll> ... ... -0 "' '"0 ~ (1) 0 ... '"0 ~ ~ ~ en c:: ~ ~ . > g-g;c;;c;;:J I=" ?" ~ g. : :a : • . t~J Q t;xj > ~.._;: : : -fh-fh-E/)-fh-fh~ ~ ... ~ N .. .;.0 \.iJ 00 88 ~~-..... > 0'2_"' ~~ ~-• .. (1) ,_ ~va-5-a-s:::~- (1) c.. - -fh~-E/)-fh~~ > "' v rt_ ctt-.:> ...,_ 2. ::s c-.: c.. I ~ . _.;.-. _f Fimilv Exemption ESTATE OF JAMES E. DUNCAN III, DECEASED 6'TATF.MENT OF DEBTS MfD DEDUCTIONS Dorothy Donnail Duncan, surviving spouae Administrative ExPftnSe§ Register of Wills of \o/ashington County, Pennsylvania Cost of four Short Certificates Register ot rJUls of Washington County, Pennsylvsnia Fee for probating llill and Codicil, Two Short Certificates and eleven extra pages of Will · Guy A. Rogers, Deputy Register of Wills Fee for trip to Pittsburgh to probate Will and Codicil Register of Wills and Clerk of Orphans' Court of Washington County, Pennsylva.nia Filing acceptance of Trust and :five copies Piatt Funeral Home Payment of statement dated 9/12/67 for six Certified copies of Death Certificate of James E. Duncan, III Harold V. Fergus Reimbursement for Advertising Grant of Letters Testamentary Washington County Reports Observer -Reporter Register of Wills and Clerk of Orphans' Court of Washington County 1 Pennsy1 vania Cost of Short Certificate Register ot Wills and Clerk of Orphans • Court or i{ashington County 1 Pennsylvania Cost of Certified Copy of t·lill .Attorneys' fees Thorp, Reed and Armstrong Martin, Zewe and Fergus The Union National Bank of Pittsburgh Accountant's compensation Cost of filing A/C account $1,000.00 24.50 20.00 s.oo 6.00 12.50 12.50 1.00 17.00 575.00 575.00 1,148.75 24.00 ·"'. '" -. .. J ESTATE OF JAMES E. DUNCAN III, DECEASID STATEMENT OF DEBTS AND D.E..DUCTIONS Preferred Debts Washington Manor Balance due for room and service to 9/10/67 Taylor's Pharmacy Prescription 9/2/67 Piatt Funeral Home Funeral expenses Total "":' ... - 6.00 1,490.05 Form RC C -10 ' DEDUCTIONS ALLOWED IN ' OFFICE OF TME RI;,GISTER OF WILLS OF~ COUNTY AN'& .AGENT OF TME COMMONWEALTH STATEMENT OF DEBTS AND DEDUCTIONS -~i?f,' [ ~ THE SUM OF ............ $ .................................... . DATE APPROVED . n~·-. ~~jll. .. ~<y~ J Register of Wills, Agent J ESTATE OF .Tames E. Duncan ur, Dec'd LATE OF Washington, Pennsylvania DATE OF FILING APPRAISEMENT Aug!l~t 6, 1969 CATS: OF DEATH Se:gtember 10, 1267 - DATE NO. OF NAMIL OF PAYEE REMARKS AMOUNT VOUCHE!It See attached schedule l.Q88 68 I .. QRR ()R COMMONWEALTH OF PENNSYLVANIA }sa: COUNTY OF ALLEGHENY BANK OF PITTSBURGH 1, .lohn R. Ecllement, Trust Officer of THE UNION NATIONAL HEREBY CERTIFY. THAT. TO THE BEaT OF MY KNOWLI!:DGE AND BELIEF, THI!: FOREGOING IS A JUST AND TRUE STATEMENT OF DEBTS, FUNERAL EXPENSES AND EXPENSU OP' AOIOIINISTRATION SUBMITTED TO THE ESTATE OF J:ame~ E. Dtmca;n III DECEASED, AS DEDUCTION» FOR INHERITANCE TAX PURPOSES. 7-Ld. &. -IZ -<L. 5.) OWOR".!l~D OUOOCR, .. O O"OR£ M£ ~ 2 y DAY Of' ;/ ,..,.A,. j..., "~ r ( _2X /Z,..~~ I ;:; ,( A-'. ~ ..) I' lELAND T. DAY, NOmY PUBliC PITmURGH, ALLEGHEilY COUNTY MY COMMISSION EXPIR~S FEBRUARY 1, 1971 R C C-49 (8·7 I) COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE BUREAU OF COUNTY COLLECTIONS INHERITANCE TAX DIVISION HARRISBURG, 17127 PENNSYLVANIA ESTATE TAX DETERMINATION /£,- 'Hv,d 11d_ / Date 7Yiu"( I 9 19 72.. __!....:=..__ -Estate of: .Joh!e.s E Duncan JIC. Date of Death 7/Jo/t. 7 County Wa.s~~~91oV~ D t1T J 7 .$ 0 · 'I Bureau Fi I e N o. __ Cj'..Lij_-1-~5-=6_·-=,(~0=------- l. Taxable estate per U. S. Estate Tax Return, Form /i.Z06 $ NoNe.. 2. Taxable estate per final change in Federal Return dated .] .lo.&2 $ JVotJt... - 3. Amount of credit for State death taxes. As shown on return form or final change notice{$ NoAJe. ~s verified by computation NotJe.. 4. Penna. Inheritance Tax due and/ or paid $ JI .. K· 9'-1 5. Normal Inheritance taxes paid to other States '-n ()/, c:.. 6. Total Inheritance tax credits (4 + 5) 3l8.9L/ 7. Total liability for Penna. Estate Tax (3-6) '--11 (J he_ 8. Less: Previous payments on a/ c of Penna. Estate T ox Dote of payment Amount of Tax paid Amount of Interest paid $. _____ _ $. ________ _ 9. Balance of Penna. Estate Tax due (7 -8) 10. Interest due from _______ to ______ @ 6% per annum 11. Balance of Penna. Estate Tax and interest due as of ------------$===/1±::::::<l:::=IIJ=L==== Prepared by /)1ST. ,SL(puR (TITLE) Reviewed and approved by --------------------------------------- (NAME) (TITLE) (DATE) ·! . ... , l . I .. I ,Address any reply to: P. 0. Box 2488, Pittsburgh, Pa. 15230 ~ 3 -~ r -1 t, r / QD® W®®©Q!Jr?'r? @®~®r?tmw®ouQ 'J 7 -06· 'f @a~~[[a@~ @tl[[®@~@[[ Internal Revenue Service· Estate of: Date: MAR 2 0 1969 lin reply refer to: ~ Union National Bank of Pittsburgh,Exec., P. O. Box 837 Pittsbur*h, Pa. 15230 Date of Death: James E. Duncan, III September 10, 1967 ESTATE TAX CLOSING LETTER The Federal estate tax liability for the estate named above is as follows: Gross estate tax ........•..............••.•.•.• ,. • • . • • $ -0- Less credits allowed: State death taxes ......... $ -0- Federal Gift Tax ........ ~ $ -0- Tax on prior transfers ..... $ -0- Foreign death taxes ....... $ -0- LESS TOTAL CREDITS ........... ~ ............... $ _-_0_-________ _ NET ESTATE TAX ••••.•••••••••••.•••.••••..••••..•• $. -0-" If proof of settlement of the Federal estate tax liability is required by a third party, this closing letter, together with cancelled check(s) or receipt(s) showing payment of the net estate tax shown above, and interest and penalties (if any), may be exhibited to such third party as evidence that the Federal estate tax liability has been discharged for the above named estate. / fry ~ yoms, I h. u&?V ·O(r-t.() ... ~.r-~ District Director / .; THIS IS AN IMPORT ANT DOCUMENT t •• .L __ _ FORM L·15.t (REV, 8-661 -----..,....------'-·------·--------·-----