HomeMy WebLinkAboutOC1970-0315 - ESTATE OF BAKER......._--.
:)',:;A1'l'ER 11..
BAKER
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E~and for my L~,~.;t Vi:Ul nnd Tf,otamen-c,l'hereby re"j,ToU.ng and linking null <>.nd,,
void 8.ny snd ?.11 .former ,\Ulfl nnd t.eB'(:,alnentf,by m~11t.an;;!time mt:de,
~LRS1'.t.I dil'at~t my E>:ec:utore hereinafteI'n<!m~d to pe..;~r aJ~my just
debtg a.nd flJncr~..l o::q>ehs6s as 3c.on Rfter m~r neeer~'se ~6 c()n\Te!l:teY1tl~'Ul5.y be
clone.
srpgNDt Due tc the fR(~t that the household g,jods and fll!'nishtngs
f.nd ('thEn'articles of 11ke ldnd cont~lnp,d 1.n the domi.cile r:.bov8,:''lentiol'lea.
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are the p"roperty ,jf my daught.er$ANNE BA.l{.ER V:EIf~ER)which 'tlere acqL\l1'(:1d
through inhe:r:1.tancc from reIn.tives or by gj.ft from her mother or from ',Ie}
no dislJosit.ic!l th''::l'ccf ts made herei~..,
1.l:~IRO:filly and all ho'V.aeho1.d goodfJ ~'lnd effects and ot-hal'artir,les
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of a st.:::-ictly·personal us':and char-acter.'\'jhich lrw.ybe found in 'iny other ?J.i:'C~
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in whh-:1J I am tem.:?orariJ.y residing e.t.the time of m7 de':\th,I giv.;::And bet:ue3th
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unto my wife}TIIL:ilP.1.B.HEH,and in qad.i t5.on t.hel'et:.J fmy Clut,offiQbile O~'
a1.1to;:1o'bi1~s which I may then posserae.
I:tJURTH:I giITe and bequeath unto my son-in-1111...,D.~.vln P.V,EnAU~,JH.,
for him and t.he a?pi~ecl tion of his fi.llal cl)nduct as a rn81!lbsr of my hUl.l6t:h01d,
and it is my wish th,s;t wit.h this gift he purchase SQ,ne article of a.sh·ict.ly
pers....n.d.use .~nd cnaracter
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~I direct that any :~nd all eabte,inh~ritanc6»tr8.tlsfer;;'l
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aT other taxes of a similar'n:iture found to be due and paJt-able upon any
legacYll c.evise..life estate·,and remainder proviCled in this Wi-lIp or upon
any ot.her form of property whatsoever \,;bich Y3ight be .held to be.t~txable as
,·F.;~'\a part of my .state,shall be poid by my Ex~ra 01'by !Troste.es from
the p!]'!l~1pal of my'est~',t€:J so that !.'my)~l4.11 be.neflcLrj6s 'mc.1.eI'the
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'pro'llisio:15 9f this Will shall receive their bequest,life ~stat.e,or rem".lnder,r
w:'Lthout any diminutim'ls in amount or value occasioned by ~.dd taxes .'lnd,~
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without waiting for the termination.of l?ny life esti'j,te t.nd without (lny reim-
buraement of the life tenants th~r£loro
SIXTH:All the rest,residue,and Temainde~of my estate,real,
personal end'mixed»of whatsoever kind and illleresoeve~found,which I may own
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or to 1mich I may be entitled at the time of my death,I give,devise a~j
bequeath unto 'l'HE UNION NATIONAL DANK OF PIT'.l'SBUF.GH g a ('.qrpor'1tion,I=md
EDYJiRD Lo CTOCKDALE,of l\.lt.,Lebanon Township,Allegheny County,Penns~rlVfmiajl
and 'l:,heir successorsII IN TRUST,HOiiEVER,for the persons <;\nd fOT the use~
and purposes hereinafter'set forth»to-wit:-
(a)A ONE-HAI,F (1/2)PART of my residuary estate»which shall
include my property <it 5'7.12 North &"lY Road,Miam.i BeaCh»Florida,if then the
same shall be ovmed by me,shnll be Bet apart a.s a scrpRr..,te trust and the
net income therefrom shall be p;~.id in monthly or other convenient payments
unto my wife ll WIt.\1A L.'E;AlCER»during her lifetime;in addition to such
income ~symentsp the T~:stees a~e authorized to use at any time and from time
to ,tim.e so much of the principal of the corpus of the trust lotS in t.heir
discretion may be deemel;i advifl'1.ble or rlesiTf?ble for her mfdntenance.6\1Pportt
comfort and welfare,dnd I direct the T~~st€es to giv,e ~lib3ral constluction.
to the needs for which such princ:tpul mj.gh:t be used.'
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!(b)My said wife,WI4f~L.BP~ERj shall have the rignt to
occupy the property at 3..,12 North &1.y Roa.d,i11iami Be-.chv Florid~~,fe·T 80 long
as she chooses to remain therein,~nd the ex.peneee of nlcdnt8.ining the pr )?erty
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in habitable condition»taxes»premiums of Hre insul';:nce,and other 'like
charges ahall be paid by the Trustees from the income recei.ved•.In,the event
she should not'wish to continue to reside therein,the 'I'rustees,up,:>n.the)
receipt of her written notice of perilianent removal theref:rol~,mEl.y s~ll the
property to $uch person or persons for Guch price and upon such.ternls and
conditions as they deem satisfacto17o
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(0)Upon the.death of my said wife,Vvlr.,r~A L..BAKERJ'the then.
principal theretofore held for her use 6h~1 continue to be held I~TRUfT by.,
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my said Trv.stees and the net income therefrom.shall be paid in monthly or;
other c~nvenient payments to her son$GARRAl'T LeVANjI during his l.Lfetime and,.1
upon hi:a death,the principe.l then remaining in the trust shftll be .Uvided
into ali:many shares as there ,1re issue of his living at the tL'Ile o.f his death
who shd.l talee per stirpes$and eflch such f-hare shall be held a.nd tadministered
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as a sepr.'r9te trust estate unto such sur"iving issue respectively;t:ttain theI
age of twen.ty-on.e (21)y,ea.:rs \men the princi.pal sp..e,ll be paid to 'hem free end
diacha:=-ged of the tr'Ust.
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Should any of BUell i.saue of the said GAF.F..ATT LeVAN
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die barors a-tta.llling the.age of.t'Flentj~...Qne (21)yearB,leaving is~ue to.
wl"viVEl him,her or theIIl~the ehare of such one or ones so dying sh:i.ll be
divided to and among th~latter,distri butlon to be made as they tseverally
attain the age of twenty-one (21)yenrso Should ;,l.ny of the sur\yiv1ng iSst<e
of the-said GA.l1.BAT'l'leV~1 di.e before Gttainin:g the a~:e.of'tVi61~ty..~ne (..:1)
years without leaving issue to survive.him,her or them,the share of'such
c.
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on€:or ones so dying shall b~divided equally among the aurviviJ"lg brotherfJ
ana/or sisters~aa the caee may be,or the issue of any of them then deceased
and slwll be added to and becom.e a part of the trust e~tates held for them
and the income ah£.ll be p...id rmd the principal dist.ributed 0.6 a part thereof.
(d)Should my SHid wife1>r:ILMp.L B.AKERp predecease me,then
and in that event I give,devise and bsqueath unto.my BCl..i.d Trustees a ONE-·
FIFTH (1/5)PART of my residuary est:·te IN TRUST for the use of GAR.P.~'l"'T Le~TP.Nl!
and the income shall be paid and the principal diatTibuted in the same manner
as above provided for him in Sub-Section (c)of thi.s par"'d.graph and tuis
provision shall be in lieu thereofo8The~emaj.ning ONE-HJiLF (1/2)PART ufmy residu'3.ry est.".te,
and in the event my sa.id wife'should pI'edece~lse me,then a FOUR~·FIFTHS (JJ5)
PART of the net rasio.uary eat~l.te,I give.,devise and beques.th unto my said
Trul:tees to be held 'bythem IN 'l'RUST B.S follows:
.(.1)An 'equal ONE-FOURTH (1/4)PA.R'I'thereof shall be held
for my c'!.aught.er,~NE BA.lCER WEII!f!%and the net income t.herefrom shall be
paid unto her in monthly or other convenient payments durL~g her lifetime,
and,upon l"ler deathll the then principal$together l1i th any income ~l.ccru8d or
accumulated thereon and re~~ining unpaid to her,-shc-ll be divided in equal
shures to ,md tl!llong my thret:grandchl1dren hereinqfter na.med and shf:oll be
added to the trust esta.tes hereinafter cref.ted for them end the incoil1e shall
be paid anj the principal distributed as a part th0reof~
Due to the f~ct that ~ple provision for !uy said!daughter has been
m,.de b:l other reL.tives of ht:.rs,including h6r :'lother ),md n:yself1 ·i t :,.~s
seem~d to me Qdvisable to make provision for her herein upon the same basis
as m~de for my ttlTee 3randchildrenu
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:An equal ONE"~F'OU:KTH (1/4)p.Ar~T shall be held in trust
for my granddaughter,iliff AiiNE WEIMER,atid equnl ONE=FOUPTH (1/4)PAIt::'for my
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gnmddaughit~r,SULIA Vo ¥lEI:iER,b.nd 1'!n equal ONE-FOURTH (1!4)PAHT foX'my.............1"
grandson,iII.ALTtR b.WEIrilER,a.I\..d during their respecth'e mino:rities as much of
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ths,net income us the Trustee$in their discretion My deem necessa.ry may be
used for their maintenance.\'support and education.During ~uch minority any
excess inGome over and above their reasonable needs may be accumul8.ted and
invested by the Trustees until they alllill have respectively attained their
majority,at which time the 'entire net income ehal1be paid unto them.
0)As and when each of the said gr·o.ndchildren shf.t~l have
8.ttained the ~ge of forty-five (45)yeaTss the Trustees ~hal1 distril~te to
him or her a.ONE-FOURT.tI (1/4)PAnT of the prlncip'll of theil~respeetive share
a.nd l-i further ONJt...FOURTH (1/4)P,ART thereof as ::md when they sl1i~.11 have
respectivelyattain.ed the age of fifty-five (55)yeEn'so Thereafter,the income
on the remaining portion oftheil"prin.cipal ahare shall be pv.id to them for
life.@ Upon the d...th of any of my said grendchildr.m,that
;JOrtion of hj.s or her principB~share then remaining in trust,together v;ith
any income ftCCrued or accumulated and re..-nslning undistributed,shall be
divided per atirpes into as many share!3 as there ,are issue him or her 5'111'-"
viving and each share shall be held and 8.dmL'1istered as a separate tru;;.t tL.'1.til
the surviving issue attain the age of twent;y-.,.cne (;21)year~respectively when
the principal shall be distributed to themn Should any of such surviving
issue die b?fore hpving at t..'l.i ned the i:)ge of twenty---one (21)'years,the share
of such one or ones 81"08.11 go per stirpes to incre'"lse theshnres of the other
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surviving lssue then living».and so on from time to time as often as n.death
occu.rl3~
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Should any of my said grandchildren die without
leavin.g iS3Ue to sUl"vi:1fehim or her OT,if le~ving issue.to survive,all 01
such should dte beforeR..ttaining the age of twentJr-one (21)years,·the
und.istribut.ed principal of such one or ones shall be divided equally to p.nd
among the trust estatea of the other two grandchildren r:nd the issue per
stirpes of either of them then dece:;.sadand shall be held,administeredll and
distributed in accordance with th~provisions hereinbefore m~ae for ~hemo
(r)If f1.t any time or times and from time to time the Trus:.ees
in their 6:>16 discretion deem it.necess~ry or advlsable to use any part or
pRI'tS of the princip.-'ll shares herein pI'ovidedfor my wife,my ~aughter,and
for my three grondchildren for their me.inten··'nce,eupport,educationll comfort
and welfA.rejl the Trustees are herewith authorized'so to do :ond they shall ,:siva
a liberal ~onst~~ctiou to this direction inasmuch as their comfort and welfare
are of primary cOIlsi.derdtian to me.'l'he income,and prLwipal if fou-'lld to
be needed so of the shs.re or shares of ~ny Minor beneficiaries w.d.ng hereunder
m~.y be eX};ended during their minority by the Trustees in their discretlon
for the purposes above enumer::-~ted,or may be paid unto the pare!lt or parents
hewing the custody of such one or opee and witHout the ihtervention of a
guardian c·r refeIO':lCe to the Orph~ns'Courtknving ·juri!W.ictiono
(g)Dul'i.ng the continuance of the tru~t6 herein crented,tlhe "
princlpa,l sum or SUlllS of the trust funds and the income thereof sh~>.ll not be \
subject to or liable for ~lY contr'cts~d~bts,engagements,liabilities or
torts of the beneficia:riee r~spectively now or h'.~rei:1.fter made,contrQcted,
incU'\''red or committed,but shall be absolutely free from :'he same,"nd the
beneficbries reDpectively sh~ll h~ve no power to sell,assign or encumJ~r:all
or any part of the principal ~un or ~~s of the trust funds or their interests
therein reE.pectively or the i.ncome thereof,or to Anticip~te said income.
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~VEN111J.I nomim~.te!l constitute and appoint EDWAPn Lo sr.roCKDALE~of
Mt.Lc~nol!l TO'fmAhips Allegheny County,Pennsyl'raniaj)2nd THE UNION NATIONAL
BANK OF PI~TSBURGH,a corpor.ation,and their successors,to be ti~e ExemltoT$
~f'this my l,ast.liill and Testament and t.o be the Trustees h.e!'eundel~J>and I
gi~e to my Executors in the settlement of mjl'est.at.e [~nd to mj~Trllstees after
my est<.lte r..as been settIedII the fol1ow'.:.ng powers any.01"q.11 of whi ch ma.y be-
exercised ES Executors or as Trustees if found to be necessary or a.dvisableg-·
(1)To take over m1d retain unconverted eo long cS they m~y see
fit each and every item of re8.l and personal property of which I may be
possessed without liability for depreciation in tile value thereof,~d in
their discretion to sell or otherwise dispose of <~J.l or any of the ~e.me,or
any securi+.J.ee or property into which they may be converted .as hereinF..fter
provided 8::'public or private sales to such person or persons for E:-llch price
or prices and upon such terms and conditiona as they sh~!ll c1 eem proper.In
cS,~'e of an7 sale or other di!i3position,or any liquidft.tion of any securities
or.pro~rt7 ·:t any time held hereunder,the.Trustees shall from 'c,ime to time
invest and reinvest the proceeds in'such ftocks,bonds,notes,mortg~:ges OF
other securities (l.S they shall deem to be a:.,fe and "ise investments,and they
shall not oe confined nor restricted to such investments as'h&ve been ~'de
.legal for fiduciaries under the laWS of the Corr@.onwealth of Pennsylv~nia.
For the gu.idance of ray Trusteee in the.mana.gement of this trust
estate,I herewith express the desire thHt not more than e ONE-FIFTH (1/5)
PART of mY'interest In the UNIV1.1?BAL-CYCI,OPS STTi;EL COF.PO~ATION as represen:.ed
by the COllr2;Jon capital,::tock helc hereunder be sold solely for the .~ur!)()se of
diverdfic,tion of lnvest~el'its.As a:.nd when it !liight seem ;:-dvis<l.ble,c'esirable
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or necessa.~1 to my Trustees !-?sell any purl or all of the l'em-9.ining FCUR-
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FIFTHS (Ji5)PlI.RT of the common C'.a.pital st.ock of the sRid Uni'Ilersp..l~Cyclops
Steel Corpo:F-:ltion~it is my (~esire that such proposed side or sales sb..a,ll
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first be discuseed with my wife,WIL1~\to a~1~,if she survives me;a~d with
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my oaughtert ANNE RAKER WEIMER,and their written consent t.hereto obtaipedo
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The Trustees are authorlzed cmd empowered H t any-time or :froil time
to time ill their sole discretion for any ;1llr~:;ose to borrow money and foi'
t}l~t purpose to pledge or mortgage any of the assets or property then ~
constituting the fund a.nd to execute e-nd deliver any 8.nd 'fl1 notes,bonds,
obligations~mortgages,assigr.rments,and other instruments ~nd to perfoTIu all
a.cts necessary,proper or convenient in connection therewith,anJr und all
such hans$pledges and mortgages to -be made in the sole discret.ion of :hy
Trustees ani for such amounts and upon such terms as they shall deem proper~
(2)No purch!lser of any seenrities or property ,..t any .timQ,
sold or otherwise disposed of ~!my Trustees shall be l~lder any reBpo~6ibility
or liabi~ity to see to the aJ;Plication of any inco'ue or principa.l dis~ibu.ted
by them to any person entitled to receive the same under the provisions of
this WilL In connection with the sale or trHllsfer of any securities 01"
•property made under the provisiona hereof,my Trudees a.re hereby !:l.utborized
to execute and deliver all such revocable [l.nd irrevocable powers of ::~ttorney,
bills of SE.le,asaign::lents$deeds,conveyances el.11d such other instrum6nts as;
may be necessary or proper i.n ?sking such sale Oi."transfers.The cert.iflC<ltes.
for ~ll shares of stock ~nd ·the title·to all ~eal est~te wtich from time to-
time tDf'y be held by the Trustees hereunder ll1?y be trHnsferred of recoY'd into.
the n;;l.mes of my Trustees as "trustees hereunder,or ma~T be transferred into the
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name of the nominee of ~"he corpo~te fiduC~'try lJ.uthoriz.ed by it.s BeRro:of
Directors to ,!ct in such efipacity0 The voting power u~on all shares 0 E'stock
or other se~ur:f.ties at any time held by my Trustees hel'eUi"loer shz'.ll be'
executed by my Trustees in person or by proJtyv If my Tl"u~tees shp..ll >:1.-(;any
time hold 01:"purchase bonds at D.price in excess of pQr~-:.hey sh::l11 not be
r.equired,except at their optionj to amoFGize tilat pqrt.0:the purchas~price
in excess of par,but all intGrest received on said bonds nmy be treat~a~d
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paid out EI.S income,or at the option of my,T:rus'teefi ap.y-i'i1come in thei~hAndr-
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may be used at the ttme of purchase to apply against that part .01'the ;:lost
of said 'oonda VJhich is in ':$xcesl3 of par.
en The fh.'llstees shall have power to hold'p.nd m.::Ulfi.ge a:lY su.ch
rea.l est.!.te,make repairs a~i.mprovements ~nd make lea.se~thereof to such
tenants for such period and upon ffilCh terms ~s my Trustees in their discretion
may determi:le,:md no les.lSs by my Trustees for a term of fiva
shall be te~inated by reason of the termination of the trust
years or,lees
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befo"rs the. I
expir"ltion ':If the term of the lease»but,in spite of the termimrtion of the
trust,such leaFe shall remain in full force a.nd effect.du.ring the teli
thereofD My Trustee~she.ll :h2:~-epowerto receive a.nd col:'ect ren'i:.s~i!'!.t~rest-
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and other i:lcome of ?aid real est.ate or other '~ru~t proper.-ty,using SU?b.
legRl proce :ldings as they may deem neces6P..!j1"for the purpose>nnd they'shall
have power .3.t any time to sell,convey and transfer any OJ.''u.ll ret'J,l est-:te
and other property which they ma.y hold us Trustees,conve:ing a:.'1d tranaferring
the sa;ns by deed or other instrument in writing 11'1 such form.and 1~1th such
covenants as my Trustees ma.yCl.eem best,wi.thout.the consent of ~Yly court and
•,lwithoutJ.i31:?ility on the part at"any purchaser to see to the P?plicatiQn of
the purchns~money.
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The Trustees are authorized and empo'wel"ed to enter.into,coru;ent to
or oppose any c~rpol'ate reorgani2f.'..tiona,mergers,.consol1d':i.tionl:J,dissolutione
and liquLdr:.tione of any corpore.tions whose stocks or ot.her securities shall
at any time be held by them as part of the trust under the provisions hereof,
and to mak~,consent to or oppose other adjustments of and ch~nges in the
capital funds or property C0i1Stituting the tru.st prope:t'ty~they .m!,y exercis~
any Imd all rights of subscription m.th respect.to any stocks,bonds or other
eecurit\.es included in t.he trusto
(4)The Trustees in ITiRking any eli atribution of pr.inci.pa1 of the
trust fund may ml3.ke the said dist:!:'1rotlon in money or in kind oX'!t.'.rt,].y in
money and p~.rtly in ldndo
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§:GHTH:In the event the said EDV.AP..D Lo STOCKDAT..E should predeceJ::ls~
me orli surviving me,be un&.ble to qualify as Co-Executor arid Co-Trustee
har~under due to illness,accident or incapacity to act for any ~~son
whatever»or,having qualified,be u!lFJ..ble to perform the duties hf:::i,'ewi th
imposed»thEn !.I.nd in thf.:.t event my said Wife,WILi~1A L.BAKER.if she survives
me,and my mid daughter,JUIo'NE BAKJ.!:R WEIMER,shall h ve the right to name
8Ileh individual as his eruccessor as ~.y be frllitA.ble to the corpol';<.te
fiduci?ry he~ein named or its ~lcceSfor in office.In the event my s?id
daug:;lter sho·.l1d ITt"edecs".se mye:iid tvlfe or upon the death of my said duaghter
if she is the survivor of them»then a.majority in int8rest of her j.ssue
who are then sui juris m~.y 8.tany time or from time to time upon filing
their re,:ues-:.or election in wriUng ch'~nge either or both the inrlividual
and the corporate trustee then in offic80 In the event of fllilure of the
benefici-1 ries to nominf,te :~su7ceSFor ind'vidue.l tru~tee in a.ccorrl:mce with
the above prc·v1sjO'llB,then the corpor.1.te trustee or its successor sh..ul9:.ct
as thOUgh solely named hezosundero Any successor corpol'ute t!'llstee n.A.med.
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hereu.nder shedJ.be a trust company or a TII-ltional bnnl~author:t~ed.to do trust
business,whether locRted in Penru;ylvarl..ia.01'elsewhere,and shall l~:~.Ye .'~
ca.pital of not less than ~l,OOO,OOOoOO and a surplus of not leas th8.n
$500,000000.In the event that uny chauge of Truftee or Trustees ls made at
any time herein provided,t..lte Trustees whose services <:'.re discontinued ~h"lll,
effectually transfer or deliver over to their succeSforar successors all the
property held in the trust estnte a'1d shf'~l file an r..ccounting of the ll:i-,
ministr~tion of the trust in a court of app~opriatejurisd1ction.
L~No oond or other ~ecuri,t.y shall be required of the irciividual
named as Executor and av T1"',.u:tee hereunder nor any successor to him seJ..ected
in accord~nce with the above provisi.ons,and the T1"l\13tees,'both individu&~
,.
and corporate,or any substituted Trustee or Trustees,shRll h'~,ve t.lo}e right
to resign upon giving ninety (90)days v written notice of such intenti,*to.
all the baneficbrieE!taking under the provisions of'this Will whether minors
or ac1u1ts.
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l!NTli:All the foregoing pro'visions 'with respect to the Trustees shell
apply whether Olle or more trustee shall be acting,reg~rdlesa of whether the
language herein contained shall be approp1"iate to a trustee si.ngulur in !i1u.mber
or trustees plural in number,.!:lnd all such provisions shall lnure to till'>bznefit:
not only of the 'fruflteel1 herein named,lut also to all successors in said
officeo
.IN WITNESS VIHLREOF,I J WAt'£ER H.BA.KER1 have to this my Le.st Will
and Testament set my hand and seal this 26.th_day of _,.:.A:.::U~gl.:::U;.::B~t _
A.Dc,19..:!:4:::..6_o
Signed,sealedjl published and decla!"ed by the a.hove n,a.mad teBtRtor~
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YlftJ,TER H.BA.K.rn»as and for his L8st Will aucl Testament,in the presp,nce of U1:l s
Viho~l et his ~equests In hi$3 presence nnd in the presence of each othel:,WO;(I
herelmto subscribed our names ns uitnesseo thereto.
WALTER E.:-111KER
Address:621 ",::.C~h::::.as~tz=lU~t:...::::S~t.:.._
__..:;B:.::..r!9~vi11e,Pac
QR&CE P.i"JIRTZ::.-
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Ad{h'ess~7.52 Washington Ave L
Bridgev-lllc,P.ot.
ELVIRA Pu C.A.STEE!.:.~_.•_
Address;·614 B'lnk Street
Bl"ldgeviC Ie,Pa.
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IN BE
ESTATE OF
WALTER H.BAKER,DECEASED
FlliST AND PARTIAL ACCOUNT OF
EDWARD L.STOCKDALE AND
THE UNION NATIONAL BANK
OF PITTSBURGH,
TRUSTEES UNDER THE WILL
TRUST FOR JULIA WEIMER KNISELEY
h i-.?t )•'f \
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Attorney
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BALANCE DUE -$187,852.28
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IN THE ORPHANS"COURT OF WASHINGTON COUNTY,PENNSYLVANIA
,NO;)..b 3 .-/t:lt:;1 0 !2--,
ESTATE OF WALTER Ho BAKER~Di!PEASED ..,
FIRST AND 'PARTIALfACCOUNT OF EDWARD L~STOCIIDALE~AND THE UNION NATIONAL BANK OF PITTSBURGH,
TRUSTEES UNDER THE WILL
~rRUST FOR JULIA WEIMER ](NISELEY)
\.May 23,J9~3~~tD.~~e Jf Death of
,Julia Weimer Xniseley,
Life Tenant)
SUMMA'RY
SCHEDULE A
PRINCIPAL =PERSONALTY
~. .-
Receipts
Income ~Personalty
Disbursements
Pages 4 -21
Pages 22 -26 :''
192~647q87
198920 11
BALANCE
194,539 9~
6,687 7J j
187,852 28
SCHEDULE B •
INCOME =PERSONALTY
Receipts Pages 27 -35
Disbursements Pages 35 -37
Principal ~Personalty
Accrued Net Income to 5/23/63 ;.
The Balance Consists of the Followingg~..
Principal =Personalty.'
~•stocks .~Aluminum Company of America ..~l;r 100 shares $3975 Preferred '
316,088/015
1 2892,,11
317,980 26
317,980 26
9,135 55
<American Telephone and Telegr~ph C9~any
95 shares Capital -." .
Anaconda Company (formerly Anacond~Copper
Mining Company)::
55 shares Capital 1,685 0'7
------
.....~..
i'
,.
ESTATE OF WALTER H.BAKER,DECEASED
-,-'..
Armstrong Cork Company -
50 sh?re~_$3~75 Preferred 4,91S SS
Atlantic Refining Company
50 shares $3~75 Preferred 5,OlS 76
I Dun=Mar Oil and Gas Company
142 .shares Capital 2S4'00
I
I E~I~du Pont de Nemours and Company
,
I 100 shares $3050 Preferred 9,424·S3I
Duque sne Light Company
200 shares Common 3,7S3 75
Duquesne Light Company
I 100 shares 4%Preferred 5$296-Sl
General Motors Corporation
2SS shares Common 2,959 3S
George Washington Hotel Corporation
5 shares Common 12:50
National Steel Corporation
300 shares Capital 3,724 43
Pittsburgh'p Fort Wayne and
Chicago Railway Company
13 shares Preferred 2,249 00
Texaco,Incorporated (formerly Texas Company)
640 shares Capital 7A9~S7
The Union National Bank of Pittsburgh
210 shares Common 5,435 73
I United States Steel Corporation
1,052 shares Common 11,6S1 5S
Universal=Cyclops Steel Corporation
.13,920 shares Common 91,SO~65
Vanadium-Alloys.Steel Company
64 shares Capital 2,56~:74 ~20,03/,./l~~
/l~
=2 =
'.
i'
ESTATE OF WALTER H0 BAKER i DIDEASED
~'..
United States of America Certificates of
Indebtedness 3 1/8%.'..'Ll $10,000 dated 11/15/62 due 11/15/63
5~te )
Parti.cipation.in unpaid balance of
$900 Face Value Demand Promissory
Note of John Bo Bigler dated 12/14/44
Interest rate 6%
Unpaid Balance
Principal 6 0 26
Interest 12/14/41 =6/26/47 }3Q01
Cash on hand
=3 "'"
.'
10,025 00
187,852 28
•l··
;,
.ESTATE OF WALTER H~BAKER,DEnEASED
..,
1 95 1
Jano 3
SCHEDULE A
PRINCIPAL PERSONALTY
RECEIPTS
Edward LQ Stockdale and The Union National Bank of
Pittf3burgh,Executors of the Estate of
Walter HoBaker,Deceased =
Awarded by p~cree of Distribution dated
December 18»19~0 at Noo 90 August Term
1950 AA by the Orphans'Court of Washington
Co~tY."Pennsylvania.'
Stocks
Anaconda Copper Mining Company
55 shares Capital 1,897 50
Bristol~MYers Company
8 shares Common 320 00
Chesapeake and Ohio Railway Company
26 shares Common 1,168 37
Citizens National Bank of Washington
26 shares Capital 0 00
Columbia Gas System»Incorporated
39 shares Common 424 51
Donley Brick Company
5 shares Capital 350 00
Dun-Mar Oil and Gas Company
142 shares Capital 284 00
General Motors Corporation
46 shares Common 2 j 659 38
,George Washington Hotel
I 5 shares Common 12 50
George Washington Hotel
1 share 5%Preferred 9 00
Harbison Walker Refractories Company
13 shares Common 280 72
- 4 -.
1-_
;
·-.
.'
ESTATE OF WALTER H~BAKER~D~EASED
.-Hudson Bay Mining and Smelting Company;Ltd"
26 snares.Capital
Hudson Motor Car Company
~4 share~Capital
Life Savers Corporation
3 shares Capital
Montgomery Ward and Company
13 shares Capital
National Steel Corporation
150 shares Capital
Pitts't;lurgh s Fort Wayne and Chicago Railway
Company
J3shares Preferred
Pure .Oil Company
9 shares Connnon
Sterling Drugs Incorporated
21 shares Common
Texas Company
30 shares Capital
The Union National Bank of Pittsburgh
21 shares Common
United States Steel Corporation
526 shares Common
Universal-cyclops Steel Corporation
6s457 shares Common
Vanadium-Alloys Steel Company·
64 shares Capital
Vick Chemical Company
8 shares Capital
=5 =
971 75
199 16
95 25
757 25
2,24S 00
5,73:00
11 s681 58
98,671 04
261 50
,'
ESTATE OF WALTER H.BAKERo DECEASED
~----
1 9 5 2
Feb"7
1 953
May 5
United"States of America Treasurl Notes 1 1/4%
$31,000 dated 6/1/50 due 7/1/51
Notes
Participation in unpaid b~lance of
$900 Fa~~V~lue Dema~d
Promissory No:t;e of
John 13 0 "Bfgler dated
.-12/14/41 -Interest rate-6%
--Participation in uppaid balance of
$1,967 0 29 Face Value Demand Note of
Claren~e Wo Hildebrand,Josie
Ho Hildebrand and Mrs"Walter
Sprowls dated 6/2/30
Interest rate 6%
Participatio~in unpaid balance of
$10,000 Face Value Demand
Promissory Note of
John Bo Bigler dated
12/26/45 -Interest rate 2%
(1,000 shares Thompson
Hardware Company Capital
Stock held as collateral)
Cash
Additional Assets
Net proceeds 'sale -1/8th share
Lot 5 Block 1 La Gorce Island,
Miami Beach,Dade County,
Florida to Wilbert Harborn
Edward Lo Stockdale and The Union
National Bank of Pittsburgh,Executors of
the Estate of Walter He Baker,Deceased
Unused portion of funds
reserved for Income Tax
-6 -
31,006 62
109 03
109 44
1,336 42
1,47C 08
121 06
169,734 13
1,706 20
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ESTATE OF WALTER H~BAKER~DIDEASED
195 6
Apro 11 Proceeds -sale'-..
.PropOrtionate share of Interest in Coal
in Marshall County,West Virginia 4 70
1 9'6 2
Novo 26 Net proceeds sale -'1/4th of 1/2 share
wt in Crafton Borough,Pennsylvania 51 53
1,662 37
.Purchase of Assets
'Stocks'
Alundnum Company of America $3075 Preferred
4/9/52 50 shares at 96 lJ~4,845030
5/3/63 -22-shares at 85 4,2900 25
" _100 shares 9,135055
'21:20. .C)
35 shares "..
..-"."
25 shares at 172 3/8
5 share~at J 72 5/8
5 shares'at~86
.Subsdribed for
through
90 Rights received
and exercised and
10 Rights
;purchased
.'4/18/61.
~I
American Telephqne and Telegraph Company
Capital'
2/14/58
2/17/58
3/21/61
Armstrong Cork Comp~~x $).,,7:>PrefElrred
4/15/52 50 shares at 98 .4,918088
Atlantic Refining Company $3.75 Preferred
4/17/~2 50 share~"at 100 . .5,018 0 76
Eo lo du Pont de Nemours and Company
$3050 Preferred
2/18/53 22 shares at 97 =2,141,,85
6/10/54 6 shares at
99 3/4 -,60~h7t·
2/24/569 shares at 99 =8990 25
9/24/56 25 shares at 92 1/2-
2,323056
9/2.8/56 25 shares at 92-2,311 005
3/7/57 10 shares at 88 7/8=
899035
9/24/57 3 shares at 81 1/4=246.06
100 shares 9,424.83
•
i '
ESTATE OF WALTER H;BAKER,DECEASED
l
Duquesne Light Company'Common'
4/9/58 ..100 shares at 37_.1/2
100 shares
12/6/55
2/21/56
Duquesne Light Company 4%Preferred.
11/18/55 80 shares at 52 1/2
.4,232.20
15 shares at 52 3/4
79g e 21
5 shar~s'at 52 3/8
265040
General Foods Corporation
$3~50 Preferred
4/10/52 50 shares at 96 4,817<>80
General Motors Corporation COlDlDOl'l-,..."
3/4/55 4 shar~~'',....'.
Subscribed for through
80 Rights at 75 300.00
Montgomery Ward and Company Common
6/24/53 12 shares at 59 5/8 719934
6/26/53 5 shares at 59 7/8 302G18
7/3/53 7 shares at 59 3/8 419..55
24 shares .1,441 ~O~
Texaco,Incorporated (formerly Texas .
Gompany)'.
3/16J/Sl!21 shaI'tls at 92 1/8=1;944..13
2/1/52 10 shares at 58 1/2=588~18
2/7/62 8"shares at 58 3/4=.473",87
11/29/54 25,shares at 84 3/4-2:i 129r:62
12/14/54 5 shares at 85 430~08
1/27/60 088 share 69~68
1/25/61 074 share 64012
70.62 shares 5,700 051
Universal-Cyclops Stee+09rporatio~
Common·;"
2/5/59 '002 sharE3 •.1;:..732/22/,60 089 share ....'jg 49
2/14/61 ~40 sha~e 1%:20
2/16/62 058 share 20.,30
1e 89 shares 73e7~
Vanadium-Alloys Steel Company
Capital
3/20/63 ~25 share
-8 =
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ESTATE OF WALTER H~BAKER.DIDEASED.,.
Bonds
United States of America Certificates of
Indebtedness 17/8%
4/7/52 $11,000 dated .%15/51
due 4/1 52
..at .1000219108 ..11,023977
United States of America Treasury Bills
'Purchased Par Value Dated Due
9/2.5/58 $1,000 9/25/58 -12/26/58 993058
10/23/58 7,000 10/23/58'-1/22/59 6,950~37
12/26/58 1,000 ·12/26/58 -3/26/59 993 0 15
1/22/59 7,000 1/22/59 -4/23/59 .6,946 031
I4/23/59 8,000 1/22/59 -7/23/59 7,937 0 20 I
7/24/59 .8,000 4/23/59 -10/22/59 7,932 1148
10/22/59 8,000 10/22/59 -4/21/60 7,818 ..40
,4/21/60 8,000 4/21/60 -10/20/60 7,850 ..16
10/20/60 8,000 10/20/60 -4/20/61 7,886 ..56
4/20/61 8,000 4/20/61 -10/19/61 7,900 0 64 ,
10/19/61 8,000 10/19/61 -4/19/62 7.l'889at44
4/19/62 8,000 4/19/62 =10/18/62 7,885076
10/18/62 8,000 10/18/62 -4/18/63 7,885",04
.153,454,,32
Funds expended for purchase
of above assets 153 9 454032
o 00
Acquisition of Stock Rights
I
American Telephone and Telegraph Compa~,
,
Received
3/13/61 90 Rights
Allocated Value 0",00
Exercised
3/13/61 90 Rights for subscription
for 5 shares capital .
stock 0000
C 00
Anaconda Company
Received
2/20/57 55 Rights
Allocated Value C 00
-9 =
--
39 Ri.gh~s
Allocated Value
39 Rights
Allocated Value
•
,'
ESTATE OF WALTER H~BAKER,DmEASED
•~._.ow
Columbia Gas System,..Jngorporated
Received
12/13/51
5/5/54
.C~rrying value of Capital
Stock reduced to reflect
allocation 7,18
C 0
General MOtors Corporation
Received
3/4/55 92 Rights
Allocated Value 00 00
Exercised
3/4/55 80 Rights for subscription
for 4 shares
Ca i tal Stock _90 00
12 Rights o 00
The Union National Bank of Pittsburgh
Received
4/8/54 210 Rights
Allocated Value
Carrying value of common stock
reduced to reflect allocation
Vanadium-Alloys Steel Company
Received
6/14/57 132 Rights
Allocated Value
-10 -
297 0 27
c 00
c 00
o 00
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IESTATEOFWALTERH;BAKER~DEC'EASED I
367,
;
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1
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4'3:98
I•
1;69
176 35
o 0
341~25
297 0 27
-11 =
The Union National Bank of Pittsburgh
Proceeds sale
3/29/54 210 Rights
Carrying value
CarrYJ-ng va ue
Vanadium-Alloys Steel Company
Proceeds sale
6/14/57 132 Rights
Carrying value
.--..-.-....._.--...-I
Gain on Sale of Stock Rights ·I
-'Anaconda Company 1
Proceeds sale-'----j/21/57 -55 Rights 130~68 •
Carrying value -OeOO.+
,t
I130 68..~....-.-.-I---'..(-Columbia Gas SystemL ~corporated •I
Proceeds sale ,
--'..-__~.;~;%r 39 Rights 2004 I
39 Rights 7092 1
9096 ,
,
Carrying value 7018 I
I..,78""1
General MOtors Corporation IProceedssaleI3/28/55 12 Rights 13~69 j.I o 0
48
6 sharef
6Cl12 Ii
6026 II
he ld 320 sharef
552 0 38 Wi
••
,'
ESTATE OF WALTER H~BAKERg D:mEASED
Stock--·Splits on Stock Dividends··
Ame~ican Telephon~~Ad Telegraph Company
Capital __._
Received as a Stock Split
..6/8/59 ..3 for 1 on 30 shares held 60 shares
Duqu~sne J,.i.ght Comp~ny
Common -..~-.Received as a Stock Split .
1/26/59 2 for 1 on 100 shares held 100 share~
Gene~al Motors Corpo~ation
Common -..Received'as a Stock Split
11/11/55 3 for 1 on 96 shares held 192 sharef
Natiqnal 'Ste~l Corporation
Capital
Received as a Stock Split
2/16/62 2 for 1 on 150 shares held 150 sharef
Texaco ~Incorporated (formerly Texas Company)
Capital'.
Received as a Stock Split ..
6/15/51 2 for 1 on 64 shares held 64 shares
6/20/56 2 for 1 on 150 shares held 150 sharef
Received as a Stock Dividend
1/7/58 2%on 300 shares held
12/30/59 2%on 306 shares held
12/29/60 2%on 313 shares held
Received as a Stock Split
.8/15/61 2 for 1 on'320 shares
United States Steel Corporation
Common ~
Received ::as -a Stock Split.'.~
6/3/55 2 for 1 on 526 shares held 526 sharef
-12 =
o 00
I)00
)00
o 00
c 00
o 00
o 00
OoOC
OeOC
O.O(
OgO(
it
shares
387 shares OeOC
,,42 "3e1;
8,396053 shso042it
-13 =
ESTATE OF WALTER H~BAKER,D~EASED
less -sold 2/5/58
Vanadium-Alloys Steel Company
Capital
Received as a Stock Split
6/4/51 2 for 1 on
64 shares held 64 shares 0000
Received as a Stock Dividend
3/3/54 1%on 128 shares held 1 share 0000
and 028 share 5Q54
6/3/54 1%on 129 shares held 1 share 0,,00
(Cash in -lieu of
029 share considered
to be income)
9/3/54 1%on 130 shares held 1 share 0000
(Cash in lieu of
030 share considered
to be income)
12/2/54 1%on 131 shares held 1 share OgOO
(Cash in lieu of
.31 share considered
to be income)
6/3/60 3%on 132 shares held 3 shares 09 00
(Cash in lieu of
.Q96 share considered
to be income)
3/6/63 5%on 135 shares held 5075 sharesOoOO
77003 shares5054
less =sold 5/4/54 028 share 5054
76075 shares
Un~yersa~-ey-clops S~~el CgrP9ration
Common
Received as a Stock Dividend7/18/57'~--1 00%on 6,457
shares held 6,457
1/27/58 3%on 12,914
shares held
and
1/19/59 3%on 12,366
shares held
1/26/60 3%on 12,737
shares'he ld
1/23/61 3%on .13,120
shares he ld .
1/26/62 3%on 13,514
shares held
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0 00
•
36
o 00
o 00
7 22
=14 --
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Vanadium-Alloys Steel Company -Capital
Proceeds sale
5/4/54'028 share 5090
Carrying value '5,,54
Universal-Gyclops Steel Corporation -Common
Proceeds sale '
,2/5758 .-042 share 10034
Carrying value 3012
Surrendered
46 shares General Motors Corporation
Common Stock
,Carrying 'value 2,659038
Received in lieu of above
92 shares General Motors Corporation
Common Stock ,2,659038
:Surrendered
21 shares The Union National Bank of
Pittsburgh
Common Stock
Carrying value 5,733000
Received in lieu of above
210 shares The Union National Bank of
Pittsburgh
Common Stock 5.733.00
Surrendered for Exchange at No Gain
Gain--on Sale of Fractional Shares Received as
Stock Dividends
ESTATE OF WALTER H~BAKER,DECEASED.....-------_.--
I
7 58
,
II
0 00 ,
,
1 9 5 4
Maro 23
1 9 5 1
Jano 22
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ESTATE OF WALTER Ho BAKER,'D~EASED I
I
1 '<f5 1
Surrendered for Exchange at a Gain
June 26 Surrendered . .-$31~OOO United States of America 1 1/4%
Treasury Notes
,..da~ed.6/1/50 due 7/1/51
_Carrying value ...___.31~006e62
Received in lieu of ~.bove__._
,$31,000 United States of America
1 7/8%Certificates of
Indebtedness'
dated %15/51
due 4/1 52 31,0380 75
32,13
1 9 5 3
Dece 7 Surrendered
$11,000 United States of America
2 1/8%Treasury Notes
,,dated 10/1/52 due
12/1/53
Carrying value ,11 ,O05~16
Received in lieu of above
$11,000 United States of America
1 7/8%Treasury Notes
dated 12/1/53 due
12/15/54 '11,030094
,'25 78
1 9 5 6
Deco 12 Surrendered
$10,000 United States of America
2 5/8%Certificates of
Indebtedness
dated 12/1/55 due
12/1/56
Carrying value 10,000,,00
Received in lieu of above
$10,000 United States of America
3 1/4%Certificates of
Indebtedness
dated 12/1/56 due
10/1/57 10,012'/>50
12 50
=15 -
••
,,
ESTATE OF WALTER He BAKER,D:mEASED
•f
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1 ,9 5 9 .-,--"
Augo 14 Surrendered
$10,000 United Sta~es 9f America 1 5/8%
Certificates of Indebtedness ,
,-dated 8/1/~8 due 8/1/59
CarJ;ying va~ue '..10,000,,00
Received in lieu of above
$10,000 United States of America 4 3/4%
,\Treasury Notes
dated 8/1/59 due 8/15/60 108 050 0 00
50 00
1 9 '6 1
Aug o 2 SUrrendered
$10,000 United States of America 3 1/8%
Treasury Notes I
~9ated 8/15/60 due 8/1/61
Ca~rying value 10,0000 00
Received in lieu of above ..
$10,000 United States of America 3 1/4%
Treasury Notes
dated 8/1/61 due 11/15/62 10,029069
29 69
150 10
Conversion of Assets at No Gain
1 9 5 3
May 5 Proceeds satisfaction -proportionate share I
$1,967029 Face Value Demand Note of
Clarence W~Hildebrand,Josie H.I
Hildebrand and Mrs.Walter Sprowls
dated 6/2/30 -(Unpaid
balance $843045)109044 ,
Carrying value 109.44 I
0 OC
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ESTATE OF WALTER H0 BAKER.DEXJEASED
7,885076
7,889044
7,850 ..16
6,950 ..37
7,885,,04
,86,8690 09
86.869009Carryingvalue,
_..,
Proceeds maturity
United States of America Treasury Bills
12/26/58 $1 1 000 dated 9/25/58
due 12/26/58
1/22/59 $7~000 dated 10/23/58
,due 1/22/59
3/26/59 $1,000 dated 12/26/58
"due,3/26/59
4/23/59 $7~000 dated'1/22/59
""due 4/23/59
7/24/59 $8~qoo dat~d1/22/59
,I",due"7/~'3,59
10/22/59 $~,900 dated 4'23/59
.due 10 22/59.
4/21/60 $8~000 dat~d 10/22/59'
10/20/6Q $~,~~O ~~i:d4/ZX~/60
".due 10/20/60
4/21/61,$~,QPO dat~d '1 0/?O/60
,'J,due'4/20/61
10/19/61 $8,000 dated 4/20/61
due 10/19/61
4/19/62 $8,000 dated 10/19/61
due 4/19/62 '
10/18/62 $8,000 dated 4/19/62
due 10/18/62
4/18/63 $8,000 dated 10/18/62
due.4/18/63
o 00
Payment on Account ".','I J"
.Participation in'unpaid ;'b~lance 'of
$900 Face Value Demand
Promissory Note of John Be
Bigler dated 12/14/41
Interest rate '6%
1/12/62 to 5/16/63
Unpaid balance
Principal 60 26
Interest 12/14/41 to
6/26/47 33901
Carrying value
69.76
39.27
1090 03
109..03
o 00
o 00
-17 -
.'
ESTATE OF WALTER H~BAKER 2 DECEASED
--..:'.--
,.
Gain on Sale and Redemption of Stocks and Bonds
Aug..5
1 953
June 19
June 30
1 954
Novo 18
Net proceeqs,sale -13 shares·
Harbison-Walker Refractories Company
Common Stock at 30 1/2 .
Carrying value
,;, .
Net proc~eds ~ale - 3 shares·
Life Savers Corporation
Capital Stock at 36 7/8
Carrying value
Proceeds redemption -1 share
George Washington Hotel
Corporation 5%Preferred Stock
at 50
Carrying value
Net proceeds sale ~26 shares
Hudson Bay Mining and Smelting
Company 1 LtdQ·Capital Stock at 42
Carrying value
Net proceeds sale -9 shares
Pure Oil Company COIlDl1On Stock
at 51 5/8
Carrying value
Net proceeds sale -37 shares
Montgomery Ward and Company
Common Stock
12 at 70 3/4 and
25 at 70 7/8
Carrying value
-18 -
391 ..83
280.72
50.00
90 00 ..
11 081,.44
971 ..75
459,,29
221,.63
2,599 0 16
2.198 ..32
111 11
41.00
109 69
23'/66
.400 84
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1,
I,
I ESTATE OF WALTER H~BAKER p DECEASED :
,1 955
Nov4 2 Proceeds re~emption -50 shares
I
General Foods Corporation
$3g50Preferred Stock called
at 101 5,050000
I Carrying value '0'.4281 70 80
,'232 20
1 9 56 II
Sept o 5 Net proceed~sale -39 shares
Columbia Gas System,Incorporated
Common Stock .''
25 at '171/8 and
14 at "'17;:6540 68
Carrying valu~:,417033
,
237 35
Net proceeds sale -26 shares
Chesapeake ?nq Ohio Ra~lway CompanyCommonstock".,..,
1 at 63'7/8 and
25 at 64 1/8 1,653068
Carrying value 1,1680 37
485 31
Sept.o 6 Net proceeds sale -2'1 shares .
Sterling'Drug"Incorpora ted •Common Stock at 54 1,124..03 I
Carrying value 838069
285 34
Septo 27 Proceeds sale -5 shares.
Donley Brick Company
Capital Stock at 180 900 ..00
Carrying value 350000
550 00
•
-19 -
,
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.,
ESTATE OF WALTER H~BAKER9 DECEASED
8,,
. ._.-.
..-Net proceeds ~?Je -935 shares
Universal-eyclops_·~teel Corporation
Common Stock
1/10/58 70 shares
20 at 21 7/8
,20 .at 22 1/4,.10 at 22 7/8 and
20 at 23 1/8 1,552~50
1/20/58 20 shares at 22 7/8 451 039
1/21/58 10 shares·at 22 3/4 224045 I
1/23/58 20 shares I
10 at 23 3/8 and I".10 at 23 457061
20 shares
10 at 23 1/4 and
10 at 22 7/8 455012
1/28/58 20 shares at 23 7/8 471 030
·10 shares··at·241/2 ._-241 087
10 snar~s at 24 1/4 239038
25 shares at 24 3/4 610.88
2/4/58 80 shares
50 at 24 I
10 at 24 3/4 and
20 at 25 1,922.47
2/10/58 .15 shares at 24 1/2 362.80
2/13/58 1.0 shares at 24 3/8 240 0 62
2/25/58 ~5 shares at 23 567035
3/10/58 15 shares at 22 1/2 332.95
3/17/58 15 shar~s at 22 7/8 338q/54
20 shares
.10 at 231/4 and
:.::-:10 at:231/2 461.34
3/19/58 ·15 shares at 23 3/4 351.603/21/58 I .~':25 shares --
15 at 24 and
10 at 24 3/8 595.95
3/28/58 10 shares at 24 236 089 ...
9/22/58 300 shares at 24 7,094.68
9/29/58 200 shares at 25'3/4 5,078&02
935 shares 22»287071
Carrying value 6n935.9q
15,351 72
18,055 93
-20 -
!.,
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ESTATE OF WALTER H~BAKER DPnEASED
-.""."'.
,
I
I,
Carrying value
,-Anaconda Copper Company ,
Non-TaxablE!'Dividends 1/1/49 to
J2/31/54 ", "
Carrying value of Capital Stock
reduced to reflect above
Income -Personalty Account
Amount transferred under
Paragraph Sixth -SUb-Paragraphs
(2)and (4)of Will -being Net
,Income Cash on hand and accrued
to May 23~1963 (date of death
of Julia Wo Kniseley~life tenant)
-21 -
312 8 00
260 QOO
1820 00
210~08
9640 08
0.00
~212043
.-2129 43
"'.
964 08
o 00
964 08
I . .
i .1 9 5 1
I Septo 17
,,.',,-."
1 952
Feb o 8
l'9 5 7
Octo 29
1 9 5 8
Novo 3
1 963
Jan.10
Juno 26
ESTATE OF WALTER H~BAKER g 'DIDEASED
_ D L';S.BUR SE MEN T 'S
Administrative Expenses
--. ...Eleanor Gil.Braun~Notary
Certification of ~otary Q~mmission
in re Bill of.Complaint in matter
of sale of Lot No.5 Block NOll 1
La Gorce'Island»Dade County»
Florida -1/8 share
James H.o Douglas~Register of Wills
Exemplification record o
.Walter Ho Baker Estate -1/8 share
Henry K.Gibson
Expenses in re sale of
Lot No o 5 Block No o 1 La Gorce
Island»Dade County,Florida -1/8 share
Smith,Buchanan~Ingersoll,Rodewald and
Eckert
Telephone call to Chicago~Illinois
in re sale of Universal-Cyclops
Steel Corporation Stock
Buchanan,Ingersoll~Rodewald,~le and
Buerger
Professional'services May 1956 to
October 1958 in re sale Universal-
Cyclops Steel Corporation Stock
John Gilfillan,Esqo
Proportionate share of attorney's
fee in re sale of lots in
Crafton Borough,Fennsylvania
Odel Parkinson
Attorney's fee for this account and audit
Stock Transfer Tax
12/7/55 =6/12/56
-22 -
••,
12
I
1 06
109 00
1 12
146 00
3 75
980 00
72
ESTATE OF WALTER Ho BAKER~DEXlEASED
';.
)
...Internal Revenue Service
Income Tax on Capital Gains
6/4/51 -1950 8862
3/17/52-1951 _..-...-14073
3/13/53-1952___.__ _16038
I12/16/53-Fiscal year ending 9/30/53 16036
1/18/54-Additiona~rorFiscal year ,
ending 9/30/53 5055 I
1/15/57-Fiscal year ending 9/30/56 -122,,89 I
1/15/59-Fiscal year ending 9/30/58 1~772.43 I
I
1~956 96 I
-3~198 73
Surrendered for Exchange at a wss
195 2 !Octo 9 Surrendered -
$11,000 United 'States of America 1 7/8%I
Certificates of Indebtedness ,
dated 10/15/51 due 10/1/52
Carrying value -11~023077 ~
Received in lieu of above
$11,000 United states of America 2 1/8%
Treasury Notes .
dated 10/1/52 due 12/1/53 11,005016
18 61
1 9 5 4 IDec.17 Surrendered
$11,000 United States of America 1 7/8%
Treasury Notes
dated 12/1/53 due 12/15/54
Carrying value 11~030Cl94 I
Received in lieu of above
$11;000 United States of America 1 1/4%
Certificates of Indebtedness
dated 12/15/54 due 12/15/55 11 g010 0 31
20 63
-,
-23 -
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ESTATE OF WALTER H.BAKER~DroEASEDi
"
19:5 5 ,--.---Deco 13 Surrendered
$10~000 U~ited States of America 1'1/4%
Certificates of Indebtedness
,.dateg 12/1.5/54 due 12/15/55
Carrying va1l:le:10,009.37
I Received in lieu of above
$10,000 United States of America 2 5/8%
Certificates of Indebtedness
I dated 12/1/55 due 12/1/56 10.000000
I
I 9 37
1 9 5 7
Aug.5 Surrendered
$10,000 United States of America 3 1/4%ICertificatesofIndebtednessI
Idated12/1/56 due 10/1/57 I
Carrying value 10,012.50 I
Received in lieu of above
$10,000 United States of America 4%
Certificates of Indebtedness
dated 8/1/57 due 8/1/58 10,009~38
3 !12
I
1 9 5 8
Aug ..11 Surrendered
i $10,000 United States of America 4%
I Certificates of Indebtedness!
I dated 8/1/57 due 8/1/58
Carrying value 10,009038
Received in liElU of above
$10,000 ,United States of America 1 5/8%
Certificates of Indebtedness
dated 8/1/58 due 8/1/59 109000~00
9 l38
1 9 6 0
Aug.16 Surrendered
$10,000 United States of America 4 3/4%
Treasury Notes
dated 8/1/59 due 8/15/60
Carrying value 10,0500 00
Received in lieu of above
$10,000 United States of America 3 1/8%
Certificates of Indebtedness
dated 8/15/60 due 8/1/61 100 000,00 I
50 JO
~24-
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I ESTATE OF WALTER H.BAKER~n:roEASED..
I 19:6"2
I Nov.5 SurrenderedI$10,000 Un~ted States'of America 3 1/8%
I Treasury Note s .
,-dated 8/1/61 due 11/15/62
Car;:,yipg va;Lue 10,0290 69 ,
Received in lieu of above.
$10,000 united States of.America 3 1/8%
Certificates of Indebtedness
dated 11/15/62 due 11/15/63 10J)025 000 I
I
I
4 69 ,
!
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I 115 80
!,Loss on Sale and Conversion of Stocks and Bonds
1 9 5 2
I Jan"22 Net proceeds sale -8 shares
I Bristol-ltrers Company
I Common Stock at 33 5/8 266e25
:Carrying value 320000
53 75
Net proceeds sale -14 shares
Hudson Motor Car Company
Common Stock
13 at 13,1/4 and
1 at 13 1/8 181 8 91
Carrying value 1998 16
,17 25 I
,,
Net proceeds sale -8 shares
Vick Chemical Company
Capital Stock at 24 5/8 194057
Carrying value 264e50
69 93
Apr"2 Proceeds maturity
$31,000 United States of America 1 7/8%
Certificates of Indebtedness
dated 6/15/51 due 4/1/52 ,
at 100 31,0000 00
Carrying value 31.0380975
38 75
-25 -
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.-:-,'.~it,.-.
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ESTATE OF WALTER H;BAKERs D:EX:EASED I..
1 ,9 5 5
I Feb.28 Proceed~~aie,,::,$1 ,o(jo"
I United Sta~es of.America 1 '1/4%,
I Certificates of IndebtednessIda~~d,12/15/54 due 12/15/55
at 99 23/32 '997919
Carrying value 1 9000.94
3 75
1 9:5 6 -
Jun.14 Proceeds satisfaction
Participation in unpaid balance of
$10,000 Fac~Value Demand
Promissory Note of
John B.Bigler
,
I "~I t;
I
dated 12/26/45 ~"
Interest rate 2%1,297.50 ICarryingvalue1,3360 42
I '.38 92
,,
."
222 35
Distribution
Payments under Paragraph Sixth (r)
of Will ,-Julia We imer Kniseley,Life Tenant
Cash
9/2%58 1,477.03
11/5 58 19673079
I,3,150 82,
II
6,687 70.
I
I ,
-26 -
\'e,
I
ESTATE OF WALTER H.BA~R,DECEA,SED
SCHEDULE B
INCOME PERSONALTY
RECEIPTS
Ed~ard L.Stockdale and The Union National
Bank of Pittsburgh,Executors of the Estate
of Walter H.Baker,Deceased
Awarded by Adjudication and Decree
dated 12/18/50 at No.90 August
Term 1950 AA.by the Orphans'Court
of Washingto'n County,Pennsylvania
Cash 42,657.84
Less:
Portion of award
represented by this
Trusts Share of 1947
Income Tax paid in
estate
37,885 15
Dividends -Stocks
Aluminum Company of America $3.75 Preferred
,50 shares 7/2/52 -1/2/63 2,015 5
o1,530
337.50
594.00
598,50
4/14/58 -4/10/59
7/13/59 -4/10/61
7/10/61 - .1/2/63
shares
shares
shares(
American Telephone and Telegraph Company
Capital
30
90
95
Anaconda Company Capital
55 shares 10/2/50 -12/27/62 2,200.00
Less -
Non-Taxable Dividends
1/1/49 to 12/31/54 212.43
-27 -
~'..,,
ESTATE OF WALTER H.BAKER DECEASED
,
Armstrong Cork Company $3.75 Preferred
50 shares 6/i7/52 -3/15/63 2,062 39
Atlantic Refining Company 3.75%Preferred
.50 shares 8/4/52 -2/1/63 2,015·57
Bristol Myers Company Common
8 shares 9/1/50 -12/3/51 20 40
Chesapeake and Ohio Railway Company Common
26 shares 9/21/50 -6/20/56 445 ~5
Columbia Gas System,Incorporated Common
39 shares 11/16/50 -8/16/56 209 15
Donley Brick Company Capital
5 shares 1/3/51 -12/29/55 .275 00
Dunn-Mar Oil and Gas Company Capital
142 shares 9/12/50 -3/16/62 376 30
2,579 50
96.25
171.50
64.76
152.24
169.75
:1,925000
4/26/54
1/30/56
7/25/56
1/28/57
7/25/57
1/25/63
4/27/53 -
7/26/54 -
4/25/56 -
10/25/56 -
4/25/57 -
10/25/57 -
E.1.duPont deNemours and Company
$3.50 Preferred
22 shares
28 shares
37 shares
87 shares
97 shares
100 shares
Duquesne Light Company Common
100 shares 7/2/58 -1/2/59
200 shares 4/3/59 -1/2/63
155.00
941.00
1,096 00
Duquesne Light,Company 4%Preferred
95 shares 1/4/56 47.50
100 shares 4/5/56 -1/2/631,400600
1,447 50
-28 -
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ESTATE OF WALTER H.BAKER g DECEASED
-,.,
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I General Goods Corporation Common
50 shares 5/13/52 -11/2/55 656 25
Gener~l Moters Corporation Common
46 shares 9/11/50 .184000
92 shares 12/11/50-3/11/55 1,886.00
96 shares 6/22/55-9/12/55 240.00
288 shares 12/13/55-3/11/63 -4,896.00
7,206 00
II-IHarbisonWalkerRefractoriesCompany
Common
13 shares 9/7/50 -12/27/51 52 00
Hudson Bay Mining and Sme1'ying Company,
Limited Capital
26 shares 9/19/50 -6/23/5J~325 18
Hudson Motor Car Company Capital
14 shares 9/15/50 -6/1/51 35 00
Life Savers Corporation Capital
3 shares 9/5/50 -12/3/51'12 30
Montgomery Ward and Company Common
13 shares 10/16/50 -7/15/53 130.00
37 shares 10/15/53 -10/18/54 148.00
278 00
,
National Steel Co~poration Capital I
150 shares 9/14/50 -12/18/61 5,587.50
300 shares 3/16/62 -3/18/63 600.00
6,187 50 I
Pittsburgh,Fort Wayne ~nd Chicago
Railway Company 7%Preferred
.1/8/6313shares10/4/50-1,137 50
;
•The Pure Oil Company Common
9 shares 9/5/50 -6/'J.-/~3 63 00
-29 -
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ESTATE OF WALTER H.BAKER~DECEASED
'"
Sterling Drug,Incor'porated Capital
21 shares 9/1/50 -9/4/56 304 50
'.
Texaco,Incorporated Capital
30 shares IJ{2/50-3/12/51 135 ..00
51 shares 6 15/51 ·51000
102 shares 9/14/51 -12/11/51 209 ..10
120 shares 3/12/52 -12/13/54 "l,Z18.00
150 shares 3/11/55 -6/12/56 907 •.50
300 shares .9/17/56 -12/10/57 '1,140..00
306 shares 3/21/58 -12/11/59 '1,514..70
313 shares 3/11/60 -12/12/60 892.05
320 shares 3/13/61 -6/12/61 416.00
640 shares 9/11/61 -3/11/63 2,048.00 I
8,531 35
The Union National Bank of Pittsburgh ,Common i
21 shares 9/29/50 -3/31/54 934.50 I
210 shares 6/30/54 -3/28/63 2,6930'25
3,627 75
:
United States Steel Corporation Common
526 shares 9/11/50 -6/13/55 8,494~90
..1,052 shares 9/12/55 -3/11/63 23,144.00
31~638 90
Univ~rs~l-Cyclops Steel Corporation Common I
I
6,457 shares 10/2/50 -7/1/57 I
I
111,383.25
12,914 shares 9/20/57 -12/30/57
6,457000
12,901 shares 4/2/58 '3;225025
12,866 shares 7/2/58 -12/30/58 -6,951 ..30 ,12,737 shares 3/31/59 -12/29/59
3/31/60 -12/29/60
12,737..00
13,120 shares
3/31/61 -12/28/61
15,744..00
13,514 shares I
I
3/29/62 -3/29/63
16,216080 I13,920 shares I
20.,880.00 i
193,594 60
-30 -
,,.
ESTATE OF WALTER H.BAKER;DECEASED
-0.
J
Vanadium~A11oys Steel Company Capital
I 64 shares 9/5/50 -6/6/51·275 ..20
128 shares 9/4/51 -3/2/54 864..00
129 shares 6/3/54 ..51.60 ,
I.130 shares 9/2/54 52~00 I
131 shares 12/2/54 52040 .132 shares 3/2/55-6/2/60 '1,518 ..00
135 shares 9/2/60 -:3/4/63 560 ..25
Cash received in lieu of
fractional shares of Stock
Dividend
6/3/54 -..29 share 6..67
I 9/3/54 -.30 share 7.50
I 12/2/54 -.31 share 7.75
I .7/8/60 -096 share·31006
3,"426 ·43
,Vick Chemical Company Capital
8 shares 9/5/50 -12/6/51 14 40
I 273,150 87
Interest -Bonds
United States of America Certificates
of Indebtedness !
1 1/4%due 1955
,$1,000 -12/15/54 -2/15/55 2 47
I $10,000 -6/1/55-12/1/55 120 20
1 5/8%due 1959
$10,000 -8/1/58 -8/1/59 162 50
1 7/8%due 1952
$31,000-10/15/51 -4/1/52 462 15
$11,000 -10/15/51 -10/1/52 ·198 36
2 5/8%due 1956
$10,000 -6/1/56 -12/1/56 262 50
3 1/8%due 1961
$10,000 -8/1/60 -8/1/61 300 61
I 3 ·1/4%due 1957
$10,000 .-10/1/56 -8/1/57 216 37
4%due 1958
$10,000 -8/1/57 -8/1/58 400 00
2,125 16
. -31 -
ESTATE OF WALTER H.BAKER,DECEASED
"
:
United states of America Treasury Notes
1 1/4%due 1951 ...
$31,000 -6/1/50 -6/15./51 402 36
;
1 7/8%due 1954
$11,000 -12/15/53 -12/15/54 214 :14
2 1/8%due 1953 .
$11,000 -10/15/52 ~12/1/53 272 71
3 1/4%due 1962
418$10,000 -5/15/61 -11/15/~2 61 ,
4 3/4%due 1960
$10,000 ~8/15/59 -8/15/60 493 37
1 801 19,
United States of America Treasury Bills I
Accumulations
$1,000 to 12/26/58 6 ·42
$7,000 to 1/22/59 49 63
$1,000 to 3/26/59 6 -·85
$7,000 to 4/23/59·53 69
$8,000 to 7/24/59 62 80
$8,000 to 10/22/59 67 52$8,000 to 4/21/60 181 60 I
$8,000 to 10/20/60 149 84 I$8,000 to 4/20/61 T13 ~$8,000 to 10/19/61 99$8,000 to 4/19/62 ·110 56$8,000 to 10/18/62 114 24
1,015 95
Miscellaneous
196 0
July 18 1956 Income Tax Refund 10.05
.Interest 1/15/57 -7/15/60 2.46
12 ,51
.-32 -
r --'.0,r -.-.
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ESTATE .OF WALTER H.BAKER,DECEASED
"
I 196 °July 18 Clarence W~Hildebrand,Josie H.'
'Hildebrand,and Mrs.Walter Sprowls
$1,967.29 Face Value Demand Note
dated 6/2/30 Interest Rate 6%'
Interest on $249.77
9/5/47 -2/1.0/49 21.44'
Interest on $112.35
2/10/49 -4/28/53 28.43
49 87
62 :38
Gross Income to 3/29/63 (date of last .'."IremittancetoJuliaWeimerKriiseley,
life tenant 316,040 70 I
I
IIncomereceivedsubsequentto3/29/63 and
prior to Accruals to 5/23/63 (date of death
,of Julia Weimer Kniseley,life tenant)
Dividends -Stocks
Aluminum Company of Amer i ca $3.75
Preferred
50 shares 4/1/63 46.87
American Telephone and Telegraph
Company Capital
95 shares 4/2/63 85.50
Anaconda Company Capital
55 shares 4/1/63 27.50
Atlantic Refining Company $3.75
Preferred'
50 shares 5/1/63 46.87
E.1.duPont deNemours and Company'.$3.50 Preferred
100 shares 4/25/63 87.50\".r_..
:"\1;-:33·-:..\.
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I ESTATE OF WALTER H.BAKER,DECEASEDI
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Duque?ne Light Company Common
200 shares 4/1/63 64.00
Duquesne Light Company 4%Preferred
100 shares 4/1/63 .50 ..00'
Pittsburgh,Fort Wayne and Chicago
Railway Company 7%Preferred
13 shares 4/2/63 22.75 .
.Interest -.Bond s
United States of America Certificate
.ofIndebtedness -3 1/8%due 1963
$10,000 11/15/63 -5/15/63 .156~~5
.
United States of America Treasury
Bills
Accumulation
,$8,000 -4/18/63 114.96
702 20
Accrued Income to 5/23/63
Dividends -Stocks
Armstrong Cork Company $3.75
Preferred
50 shares 6/15/63 46~87
General Motors Corporation Common
288 shares 6/12/63 288.00
Texaco,Incorporated Capital
640 shares 6/10/63 320.00'
United States Steel Corporation
Common ,
1,052 shares 6/10/63 526.00
-34 -
ESTATE OF WALTER H BAKER DECEASED.,
"
Vanadium~Alloys Steel7Company
Capital
142 shares 6/3/63 49.70
Interest -Bonds
United states of America Certificates
of Ineebtedness -3 1/8%due 1963
$10,000 5/;L5/~;3'"5/23/63 6.79
1~237 36
I
1,939 56
317,980 -26
DIS BUR S E ME N-T S ,
Administrative Expenses I1 9 5 1
July 19 Parkinson and Parkinson
Pro rata share of reimbursement
for costs in revival of Judgement II
on Clarence W.Hildebrand,et a1
note 3 131 -I•
195 2 I
Apr.7 Accrued interest of bonds purchased
United States of America Certificates
of Indebtedness - 1 7/8%
193$11,000 10/15/51 -4/4/52 96
1 9 5 8
June 23 Edward L.StockdaleReimburse~ent for 1/8th share of
airplane fare from Pittsburgh,
Pe-nnsylvania to Washington,D.C.
and return for consultation with',
Security and Exchange Commissio~-3 83 -
III/
Personal Property Tax
1951 -1962 County 380 -77
-35 -
130 01
6,175 50
5,560 65
.11
4.66
26.56
33.41
19.20
26.87
19.20
-36 -
Less -
2/14/52 -Return
premium 0,23
Less -
2/7/52 -Reimbursement
of mortgage paYment 10.94
v.L.P.Shriver
Stand~rd Accident Insurance
Company Policy No.GB-600530
expiring 9/21/52
11/16/51 -Additional
premium 0.34
La Gorce Island Association,
Incorporated
1/3/51 -9/4/51 -Mortgage
payments for 2 years ending
8/31/52
1952 Real Estate Tax
1951 Real Estate Tax
County and School
City
1950 Real Estate Tax
County,School and drainage
City
Accountant's compensation
Expenses in re property situate
Lot No.5 Block No.1 La Gorce Is1ano j
Dade County,Florida -1/8th share
Nov.21
1 9 5 2
Feb.7
195 1
Jan.3
Wq'T'll'T'W 011'W'AT.TRR H_BAKER DECEASED I
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196 3 I
Mar.29 The Union National Bank of Pittsburgh
,
:
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ESTATE OF WALTER H.BAKER,DECEASED
I -,
Distribution:-
I P~yrnents under Paragraph Sixth (2)of Will
Ju:lia Weimer Kniseley,life tenant
Net Income -3/12/48 -3/2'9/63 309,865 20
316,040 70
Disbursements from Cash received and
accured from 3/29/63 to 5/23/63
Administrative Expenses I
196 3
June 14 1963 Personal Property Tax
I County 8 66
The Union National Bank of Pittsburgh
Accountantlls compepsation onIIncomereceivedsubsequent
to 3/29/63 and prior to
Accruals to 5/23/63 14.04
Accruals to 5/23/63 24.75
38 79
47 45
316,088 15
.Principal -Personalty Account
,Amount transferred under Paragraph Sixth
(2)and (4)of Will being Net Income Cash
on hand and accrued to May 23,1963 (date
of death of Julia Weimer Knise1ey,life
tenant)1,892 11
317,980 26
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COMMONWEALTH OF PENNSYLVANIA
COUNTY OF ALLEGHENY
SS:
,.•:1
EDWARD L.STOCKDALE and J.DONALD PATTON,Vice President and Trust Officer
of THE UNION NATIONAL BANK OF PITTSBURGH,the above named accountants,.,being duly
sworn according to law depose and say 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 they verily believe.
~=4-4 'to J~ef',
THE UNION NATIONAL BANK,OF PITTSBURGH
BY ~~"€t Officer
Sworn and subscribed before me this /t7/.w,day of M------~-~-,1963...taO«Aa f2~~.-
REQUEST FOR DISTRIBUTIQN
Accountants request that distribution be determined by the Court in
accordance with the Petition for Distribution to be offered in eviden~e at the
audit of this account.
-rf-i t:J~IY1h~1~"T----
THE UNION NATIONAL BANK OF PITTSBURGH
BY(/)~c?~~ice President and ,Trust Officer
~3-7t1
lin tl1t (@rpl1ana f aIourt of lIaal1ington aInunty
In the matter of the Audit of Account in
Estate oC..WA.~~.EB ...:tl:!.....;s.AK.E.RJ....P.E..Q.~...P..!...
-.
..1N...~.RU..S.1.....F.QB....JJJ.~JA ...Y..~.....~;h.r~R......
(now KNISELEY)TO THE AUDITING JUDGE:
·No.....?9.9......rr..tlI.RP.....QJ.IAR~.Ea 19QQ......•MA{o.c.
Enter !!!:y appearance for ~.~..~g~.!}~.~~.~.~..~~..:..
-.
...J•.3.thiay of ....Se.p.temb.e.r.......-;-.....................19..6.3....
..-
N.B.-Counsel shall,by separate 'paper.present a concise statement of
each claim,with supporting calculation of any,interest claimed.
Objections to an account as filed.shall be concisely stated in a
separate paper Counsel suggesting proper distribution shall file
a separate concise statement in that regard.
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third quarter 1963 \'OC'No 263..,,19 ,~...,
In re Audit of Account in Estate of
............wA1.';I;'.ER...B..!~.~KE;lli.J ....;QE.C..EA,EED.....·.
............~.F.....~~.y.~.~r9.B....~:f.~.~A ...Y.~.....~J.M~R
(now KNISELEY)
AUDI.T
'rarripr fnr 1\ppraranrr
FOR
................::A.Q.y..W.m'.A.N'r.9 ..
-ry 0 ~
'..:?J"':,.:.::.
ODEL PARKINSON
Attorney
~2
Estate of w.~.~R~:?~.t ~9.~P.;.
...I.K~.IR1J.S.I ..fQ.B J.rJ1.I~...Y..,....~~...{~9.~~..JS.~~!!..~Y),
For :;..
./
................................._..
~lifetenant
Date of trust
lXlX:@WLkliim..xlxipx:D.e.Q.emR.~.+.JJ~.,\l9.:5..Q ..
If there have been former accounts
filed in this estate,list:
Filed at No 263 of 19l&..9.J O.C.
Edward L.Stockdale and The Union
Fiduciary:..Na:tional...:BaJ1k....Q;t:_.r.j,.t.t.§Jm.r.g,b.,\....';J;'.~.~.~ees
.........................D~~~~~a~f.~r.~JJff?:~t:w.~.t.~~.F.~.~9~~
Kniseley)
Place of record
of appointmenL Wa~mng:t.9.n...Q.gg.P.:~y...
.'
No.90 August Term 1950 AA (Estate of Walter H.Baker,Deceased)
Reason for filing this account P..~{;!..tb Qf J1U.t..~..W.~J!P.:~.r.K&.;:!.~1.~y..1.1?:.f.~~.~.~~~~~_.?!32/§2 .
All persons having any interest,vested or contingent (including clajmants),in the fund now before the Court,
with the nature of their interests are:
Edward .L •.Stockdale.and The Union National Bank of Pittsburgh,
Trustees under the Will of Walter H.Baker,Deeeased -
Trust for Joseph Duncan Kniseley (Date of Birth 10/9/50)
Note:Joseph Duncan Kniseley will resldewith his father at 3664 Hibiscus .St.
Miami 33,Florida..
By order.In the County Judge I s Court in and for Dade County,Florida June Z7,1963
at nUIIlber 60025-B,Joseph D.Kniseley was appointed Guardian of the property of .
Joseph Duncan Kniseley,a Minor..
All of said parties have received notice as required by the Court Rules ~
The fund now before the Court is subject to the following taxes:
None
Set forth any legal problems requiring adjudication by the Court or difficulties that must be met in distribution:
None
..or.-,:
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Balance for distribution per account,Principal $.JJ?7..1.~5..?,..?.§, .
....-...__.'-,._-..-....-~.-.,-..
Income $Q..OO....................................
Additional debits not shown in account:.
(Indicate whether income or principal)
Principal
Income
80.89
118.86
.$ee AdditionalReceipts and Disbursements -Exhibit n,An.,
.See Additional Receipts and Disbursement·s -Exhibit "A:n
Balance for distribution'
See Additional Re~eiptsand
Disbursements -Exhibit "An
".Total additional debits,.
Total additional credits
+.
Total $J.9.J.".5.9.5..,.§;!,.
Principal $~87..,.;,:~7.1.~3.9 .
Income $5.,.824-..22 : :..
.8.00
5,943.08
Principal
Income
Additional credits not shown in account:
(Indicate whether income or principal)
,
If the balance for distribution is not in cash,list.items held in kind with carrying value designated,and if this is
a distribution account,file elections to take in kind for all items so listed:
;
See Additional Receipts and Disbursements -Exhibit ."A"
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IN THE-ORPHANS',CCURT OF WASHINGTONCElJNTY,PENNSYLVANIA
NQ.263 OF 1963 OC
ESTATE OF WALTER H.BAKER,DECEASED
ADDITIONAL RECEIPTS AND DISBURSEMENTS TO THE .
FIRST AND 'PARTIAL ACCaJNT:QF .:'!
EDWARD·L.STCCKDATI,E.AND-THE·U.NION NATIONAL BANK;OFPITTEBURGH,
.TRUSTEES UNDER THE WILL
TRUST FOR JULIA 1JF.TMER J(1\1.~H'-.H'Y September 11 1963
Receipts
Disbursements
Receipts
Disbursements
SUMMARY
SCHEDULE A
PRIN~IPAL -PERSONALTY
Page 3
Page 4
SCHEDULE B
.INCOME -'PERSGNALTY
Pages 4 -5
Page 6
BALANCE
BALANCE
NET BALANCE
187,85;;:28
8e -S9
5,943 b8
118 86
187,771 39
5,824 22
193,595 61
II============~I ,-
The Balance Consists of the Following:-
Principal -Personalty
Stocks
As ShQWll in First and Partial Account
(Page 2)
Armstrong Cork Company
39 shares $3.75 Preferred
Purchased 6/14/63
)
EXHIBIT ,"A"
17;-,120 03
3,514.4
176,634 17
ESTATE OF WALTER H.BAKER DECEASED
"
Banas
As shown in First ,and :Partial Account
(Page'2)10,025 00
.
Cash on Hand 1,11~22
187,771 39
IIncome-Personalty
I,
Cash on hand 5,82~22
I
193,595 61 I
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ESTATE OF WALTER H.BAKER -DECEASED
SCHEDULE A
PRINCIPAL -PERS0NALTY
R E-C E-]P T S
Balance in accordance with First and
Partial Account
Purchase of Assets
Armstrong Cork Company $3.75 Preferred Stock
6/14/63 - 9 shares at 89 3/4 811.79
30 shares at 89 2,702.25
_39 shares 3,514.14
187,852 28
Amount expended for purchase
of above-assets
Conversion of Assets at No Gain
Payment in full -
Participation in unpaid balance of
$900 Face Value Demand Promissory
;Note of John B.Bigler dated
12/14/41 -interest rate 6%
6/14/63 -7/16/63 6.26
Unpaid Balance
(as shown in First
and Partial Account -
Page 17)6.26
- 3 -
3,514.14
II
o 00
o 00
187 ,85~28
1 9 6 3
June 27
July 29
1 9 6 3
Aug.26
ES TATE -OF WALTER H.BAKER j DECEASED -
DISBURSEMENTS
Administrative Expenses
Piatt Funeral Home
~eimbursement for payment for
4 Copies of Death Certificate and
telegram -1/4th share
Josephine M.Douglas -Registered Clerk
Cost of filing the;First'and Partial Account
Charged Off -~ccrued Interest to 6/26/47
Cancelled)
Interest -12/14/41 -6/26/47 on
Particip~tion in unpaid balance of
$900 Face Value Demand Promissory
-Note of John B.Bigler dated
+2/14/41-interest rate 6%
SCHEDULE B
INCOME--PERSONALTY
R E C E I P T S
Balance in accordance with First and
Partial Account
Dividends -Stocks
I
Aluminum Company of America $3.75
Preferred
50 shares 7/2/63
American Telephone and Telegraph
Company Capital
95 shares 7/1/63
- 4 -
1,88
46 00
93 75
85 50
17180&
33 01
80 ~9
r -.I :,.,.,.I ,.,.,".~.,
.
a:lU'"•
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ESTATE OF WALTER H•.BAKER,DECEASED.,.
..
Anacenda Company Capital
55 shares 6/27/63 27 50
Armstreng Cork Company $3.75
Preferred
39 shares 7/3/63 36 56
Atlantic Refining Company 3.75%
Preferred
50 shares 8/1/63 46 ·37
Dunn-"Mar Oil Company Capital
:1.42 shares 6/20/63 14 20
:E.I.duPont deNemours and Company
$3.50 Preferred,~OO shares 7/25/63 87 ~O
Duquesne Light Company Common
200 shares 7/1/63 64 0)
Duquesne Light Company 4%Preferred
'100 shares 7/1/63 50 00
General Motors Corporation Co~on
288 shares 9/10/63 144 00
National Steel Corporation Capital
300 shares 6/14/63 ·120 OC
p.i,ttsburgh,Fort Wayne and Chicago I
Railway Company 7%Preferred
:13 shares'7/3/63 .22 75
I
Texaco,Incorporated Capital ..
640 shares 9/10/63 320 00,
The Union National Bank of Pittsburgh
Gommon
210 shares 6/28/63 78 75
United States Steel Corporation Common
:1.,052 shares 9/10/63 526 00
"
Universal -Cyclops Steel Corporation
.p ?920 shares 6/28/63 4,176 00
Vanadium -Alloys Steel Company Capital
142 shares 9/3/63 49 70
5,943 08
- 5 -.
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ESTATE-OF WALTER H.BAKER,DECEASED
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D I S BU R S E ME N T S
Admiriistrative Expenses
-1 9 6 3
Sept.ll The Union National Bank of Pittsburgh
Accountant1s compensation 118 86,
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Set forth accountants suggestion as to manner and form of distribution to be made,award3 to be stated in pro-
portions unless specific amounts or items are designated by instrument,under which estate is being distributed:
In accordance with Paragraph Sixth (e)(4)of the Will,Balance feT'Distribution
is to qe Decreed to Edward L.,Stockdale and TheUpionNational Bank of Pittsburgh,
Tru,stees in Trust for Joseph Duncan Kniseley and subject to further accounting.
There are no parties in interest now in the military service of the United ,States of
America.~:.,,0.,v T J .II'..,.iJ:·.:<.:•h
WJiEREFORE,your petitioners pray your "Honorable.Court tocbnfirl1ll the account
as filed and award the balance shown'for distribution,both securities and cash
comprising:principal and income cash on hand,to.your.accountants for further
administration and order of your Honoraqle Court.
COUNTY OF Wi&S:IlI1NaK~~X ALLEGHENY }
SS
COMMO~-EALTH OF PENNSYLVANIA,
The above named Fiduciary or representative thereof,And your petitioner&W111 ever pray,etc.
being duly s.w:o.r.n doth depose and say that the
facts set forf1.in the foregqing petition are true to the ~
best of th~.ir knowledge and belief...1..~Jfn ..i~'iiii .
.................s.Y.Qr.~....to and subscribed before me
Th
',:'71>"~d""f contomber 19lJt"6<~y..mQ.~~1'IQ.~..}}~..9.f.RI1:1:e.~Y];gg .
IS ~._;...ay 0 M."~"..............................:1"..1.-./7"J /?
Signature ~f Officer:.~~j.&~lJ:r.··~·~~j'ficer·········_.,···-
Title of Offker N.o.t.arY.pg.Qli~:.
•ELEANOR G.BRAUN,No~ary Public
Office explres P.msb.lJ.toh Alleotumy..:Cll P.a..
-.'My Commission Expires '
January 7,1967
l-------------------------------------------
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'ptUton ~ur·Au~it
IN THE
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ORPHANS'COURT
OF WASHINGTON COUNTY
FORM USED FOR GUARDIAN-INCOMPETENTS
-OR .TRUSTEES
No 263.:of 19~..63 0.,0.
ESTATE OF.......WAJ./r.m tl.~.....~M.ER.,.....D.E.C.EAS.ED
.Pi:...~gv..§~....!..9.~....!.9J~~A Y.~...~~~:....c.N.9.1'!...........
,KNISELEY).
FOR :,:..
minor-incoMpetent-lifetenant...-
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>::;;:0 0 .'.:
,f IT'<(I)C.",..-'lw.,rd'?'r.;~:nstQ,...''"~alo .,'n~.....~"*......:..01.1',".Ilil;/,."'oJ.="..
.The Un1J6rt:=Nat1brial Bank IOf~.~~Y"'·~I-A'~Pittswrgh"~Tr1¢§~ees,.uruier the
Will <:2::J;:'"I....·..· ·..·ki~Jg·~··:··..·Rl;..·..· ·..
Counsel for ii~~Ulltaiit>llhall 8~t herewith the
.Jollowing,,if pertinent:c?.-•U>a
1.Will or trust instru~llt-attested.
2.Inventory.
3.Signed elections of items to be taken in kind-
if distribution account.
4.Stipulation or certificate by minor approving
account.
5.Praecipe for those represented.
6.Brief-for any question of law raised.
Odel Parkinson,Esq.
Parkinson &Parkinson,
;,J5hi"'~OU'[;t'·n·..·cOlpTege·..s~£~~~rf~~··~~~~~~~~~:..·..
was ng on.a.
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"--==-J=====jj:===-=.._==::=,-====-==-=..==.~-=.__o=::::================t===
.,IN THE ORPHANS'COURT OF WASHINGTON COUNTY,
PENNSYLVANIA
IN RE:(&j-7()'J/r,),
Trust estate of (.
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WALTER H.BAKER for (No.263 of 1963,O.C.•)
JULIA WEIMER KNISELEY.(
Stockdale and the Union National Bank of Pittsburgh;tne attorney is Odel
of Walter H.Baker for Julia Weimer Kniseley;the trustees are Edward ...J.
MR.PARKINSON:The same applies b this case,Your
Friday,Sept.13,1963,at 10:00 a.m.,EDST.
No.263 of 1963,O.C.,the trust estate
HEARING ON AUDIT
ODEL PARKINSON,ESQ.,of Washington,Pa.,for
the accountant.
The HONORABLE P.V.MARINO,P.J.,of the
said ·Court.
Parkinson.Mr.Parkinson?
BEFORE:
THE COURT:
TIME:
APPEARANCES:
i,
II~
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•Honor,as in the other.There are no complications;everything is set
forth in the audit petition.
THE CDURT:Is there anyone else in court intereste:l
in the trust estate for Julia Weimer Kniseley?
(NO RESPONSE)
THE COURT:The audit of this ectate is ordered clo ed-----,-,.-...-.....-------1r--------.----------------------------1----
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by the Court.
(A UDIT CLOSED)
I hereby certify that the proceedings and evidence
are contained fully and accurately in the notes taken by me on the hearing
of the above cause,and that this copy is a corre-~t transcript of the same.
The foregoing record of the pro(::eedings upon the
1D..,5 hearing of the above cause is hereby approved and directed to be filed.
~OJ~
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--------------ij---------------------------------+---
.19...??.....,~O.C.ESTATE OF
Walter H.Baker deceased ...............••..•.......••.••••..•.J••.•..•..•..•••••••••J•••••••••••••.
;-'\'\'b 3~1;~~5 /5 J
~n t4e~-(@rp4att!1'<t1anrt of ma!1~ingtatt <tlauttty
,No....~.??....Of
" In the matter of the X.~~~·~..'?:~~..?~!.~~'?:~.
Account of....~.g~?-I.g..1.~..~.tQ~.tg?-.\~..9:~g....
.';I;'.~~..v~~.'?~.H~t~Qg~:1..~.9:!!.~.9~~.~.~~~~~.~~g.~,
Trustees
ADJUDICATION AND DECREE
And now .Q.~.tQP..~r.._ _I.+,19..6.~..,this matter canne on for he'aring,
audit and distribution at this session and testimony'~~ken;and thereupon,upon dt;e consideration
t~irg§fJ5'9~~§la_~.ce:f~r.~i~t~i~~tion in the hands ~f the Ac.countont.is d~termiin.ed to~e$ _..1 _•••••_••••••••••••••••••••••••••••and the account~ls accordingly confirmed,and t IS order d,
adjudged and decreed that the sai8 balance be paid out by the Accountant in acc:::>rdance wilth the
schedule of distribution hereto attached and made a part hereof,unless exceptio,s hereto be filed
sec.reg.or an appeal be taken herefrom sec.leg.
.~.
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SCHEDULE OF DISTRIBUTION
Balance per account...................................................................................$1$.7..1.$.Q2.~.?8
Additional Debit asked at audit 5943.08
Additional credit asked at audit
Balance ·.
Deduct Clerk's Costs &Receipts _ .
Attorney 'O'del.J?a.r.kinsQ.Q _.
Edward L.Stockdale and the Union National Bank of
Pittsburgh,Testamentary Trustees for Joseph Duncan
Kniseley,a minor,in accordance with Paragraph Sixth
(e)(4)of the will of Walter H.Baker,deceased,the
said minor being an only child of Julia.Weimer Knisel:~j
(named ~n the will as Julia V •.Weimer),including the
following assets,held in kind and distributed as such
at the values as shown:
284.OC
3514.1£:1
$5824.22
988.7~
1685.0~
4918.8E
5018.7E
.9424.8~
3783.7~
5296.8
Income cash.
Principal Cash
39 shs.$3.75 pfd.stock of Armstrong Cork
Co.
Aluminum Company of America 100 shs.
$3.75 Preferred 9135.55
Amedcan.Telephone and r~legr.aph~Co.rqp'allY""":"~"...L,
95 shs.Capital'5641.5C
Anaconda Company (formerly Anaconda
Copper Mining Company)55 shs.Capital
Armstrong Cork Company 50 shs..$3.75 Pfd.
Atlantic Refining Company 50 shs.$3.75 Pfd.
Dun-Mar Oil and'Gas Company
142 shs.Capital
E.1.du Pont de Nemours and Company
100 shs.$3.50 Preferred
Duquesne Light Company 200 shs.Common
Duquesne Light Company 100 shs.4%Pfd.
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7499.87
2959.38
2249.00
12.50
3724.43
General Motors Corporation 288 shs ..Com.
George Washington Hotel Corporation
5 shs.Common
National Steel Corporation 300 shs.Capital
Pittsburgh,Fort Wayne and Chicago Railway
Company 13 shs.Preferred
.Texaco,Incorporated (formerly Texas
Company)640 shs.Capital
The Union National Bank of Pittsburgh
210 shs.Common 5435.73
United States Steel Corporation 1052 shs.Com.
.11681.58
Universal-Cyclops Steel Corporation.
.13,920·shs.Common . '
Vanadium-Alloys Steel Company
64 shs.Capital
91805.65
2,562.74
Bonds United States of America
Certific.ates of Indebtedness 3-1/8%
$10,000 dated 11/15/62 due 11/15/63;10025.00
193472.11
No balance
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N.c 2J~3 ..~!QL..1.B-6.3.~0.•...(;.•......19 _.._
.ac:;count of Edward L.Stockdale arid I
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.The Unio"n National Bank of Pittsburgh,',.
,,Trustees,-,'f
qf Estate of .Walter E.·Baker,deceased ~'
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In the matter ,of the First and Partial
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trust for Julia Weimer Kniseley,
1\~ju~irntinu nu~mtrrtt
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Form for~rustee
.Jrtitinn ~ur 1\u~it
lin Wijr ®rpl1uns ~illourt of lIusl1tngtott (!lount!}
Estate of W..~.t.~r n ;e.~e.r."Ueceased .
.T.r.U~:t Uxul~r.J~lill..i.'.Qr J.uUa..:v.w.eimer...
KniseleYb Deceased,now
For..J.Q~.~.P..P.:tm£~~l~.~l~~..
~life tenant
Filed at ~e"·~I~n"Ne:t'r~W.gf~of Pittsburgh,
Fiduciary.~.~~Y~~~;r.~y'.~,?,..
Place of record Re~~~:t of"Wills....I'of appomtment...WaS Oll..:.l.OllD.t¥-.
Will
Date of ~..'.A -ust;Z6 1946~na)(,~P.iL ,1..................................................
If there have been former accounts No.90 August.Term 1950 A.A.(Estate of Walter H.Baker,Dec'd.)
filed in this estate,list:No.263 of 1963 0..C.(First and Partial Account of the .Estate of
Walter H.Baker,Dec'd,Trust for Julia 'I.Weimer Kniseley)
Reason for filing this account..p..~f.),t.~...9.f....Ji!g:w~d...It!....S..tQQkdal.e.,....OrigiDaJ ..Q.Q..::"1'r.us.tea...an..NQlr.ember....5~..1969
All persons having any interest,vested or contingent (including claimants),in the fund now before the Court,
with the nature of their interests are:.
The Union National Bank of Pittsburgh,Surviving Trustee under the vlill of Walter H.Baker,
Dec'd.Trust for Joseph Duncan Kniseley (date of birth 10/9/50).~Joseph Duncan Kniseley was
married November 15,1969 and now resides at 9452 Southwest 77th Avenue,Apt.R-6,Miami,
Florida 33133.
By '9rder in the County Judge's Court in and for .Dade County,Florida January 31,1969 at
No.60025B,the First National Bank of Miami,Florida was appointed Guardian of the
property of Joseph Duncan Kniseley,A Minor now terminated under Florida Law by reason of
marriage.If Joseph Duncan Kniseley is not iiving on October 9,1971,but leaves i:ssue then
his issue would take his share,,,but if no issue!.distribution would then be added to the sharesof~Anne wermer-Ritter and walterlBakerlWe~er or hIs lssue.
All of said parties have received notice as required by the Court Rules.~:
The fund now before the Court is subject to the following taxes:
None
"Set forth any legal problems requiring adjudication by the Court or difficulties that must be met in distribution:
In accordance with Paragraph Eighth of the \-Iill,upon the death of Edllard L.Stockdale,
Co -Trustee,the wife,\Ulma L.Baker,and the daughter,Anne Baker Weimer,have the right
to appoint a Successor Trustee.Wilma L.Baker died May 4,1963 and Anne Baker Weimer who
is living is exercising this right as evidenced by letter marked Exhibit flAil,designating
William G.Stewart,Successor Trustee.The acceptance of itJilliam G.Stewart as
Successor Trustee is attached hereto and marked Exhibit ''B II•
Balance for distribution per account,..Principal $J.4.?.99..?.,,,44 ..
Additional debits not shown in account:
(Indicate whether income or principal)
Income $1.7·t.66J..·~·..
See .Additional Receipts and Disbursements -Exhibit "C".
Principal
Income
8,446.62
23,316.22
Total additional debits
Additional credits not shown in account:
(Indicate whether income or principal)
..
See Additional Receipts and,Disbursements -Exhibit "C".
$:n.t.7.Qg.,.~4 ..
Principal
Income
797.00
27,@.iJ3
Balance for distribution
Total additional credits
Principal $...3.5.Qf.5.5.2 Q6 ~.
Income $*.2.t.2.!.7..,.9.~..
Total $~§.4".9.~2.!J4 .
$?~.l.?.?..7.!\.4.~.
If the balance for distribution is not in cash,list items held in kind with carrying value designated,and if this is
a distribution account,Jile elections .to take in kind for all items so listed:
'See .Additional Receipts and Disbursements -Exhibit "0'"
<;~
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-_.__-.I
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IN THE COURT OF COMMON PLEAS·WASHINGTON COUNTY"PENNSYLYANIA
.ORPHANS I COURT DIVISION
IN RE ESTATE OF
WALTER H.BAKER,DECEASED
TRUST UNDER THE WILL FOR
JULIA V.WEIMER KNlSEIEY,DECEASED
(NOW FOR JOSEPH DUNCAN KNISELEY)
#2992
..
NO~315 OF 1970
ACCEPTANCE OF APPOINTMENT AS
SUCCESSOR INDIVIDUAL TRUSTEE UNDER THE WILL
WHEREAS,under the Last Will and Testament of Walter H.Baker,dated
August 26,1946,probated and recorded in the Office of the Register of Wills
of Washington County,P·ennsylvania,in Will Book Volume 70',Page 561,Edward
L.Stockdale and The Union National Bank of Pittsburgh werel-appointed
Testamentary Trustees;and
WHEREAS,the Eighth P~ragraph of the Will provided,}'In the event
the said Edward L.Stockdale should predecease me or,surviving me,be ~able
to qualify as Co-Executor and Co-Trustee hereunder due to illness,accident or.
inca.p.{icity to act for any reason whatever,or,haviflg qualified,pe unable.
to perforn;L the duties herewith imposed,then and in th~t eve~t'mysaid wife,
.WILMA L.BAKER,if she survives me,and my said daughter,.ANNE BAKER WEIMER,
shall have the right to name such individual as his successor as may be
suitable to the corporate fiduciary herein named or its successor in office.",
and as Wilma L.Baker died on May 4,1963 and the daughter Anne·Baker Weimer
.-~now has the right to name an individual Co-Trustee;·aqq/as by letter attached
hereto as Exhibit A exercised such right;and
WHEREAS,William G.Stewart of 135 LeMoyne Avenue,Washington,
Pennsylvania,15301 has been designated by Ann e Baker Weimer as the Successor
Individual Trustee to act with The Union National Bank of Pittsburgh:
NOW THEREFORE,The Union National Bank of Pittsburgh,appro~s"._'.
this appointment by its proper corporate signature to the letter of appointmen
\lit'
by Arme Baker Weimer,and William G.Stewart does accept the appointment;as
Successor Individual Trustee by adding his si~ature hereto.
Executed this ~.q{day of
,William G.Stewart
Exhibit "B"
\,.
.1
.'7111
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
.ORPHANS'COURT DIVISION
NO.315 OF 1970
ESTATE OF WALTER H.BAKER,DECEASED
ADDITIONAL RECEIPTS AND DISBURSEMENTS
TO THE
SECONI>AND PARTIAL ACCOUNT
OF
THE UNION NATIONAL BANK OF PITTSBURGH
SURVIVING TRUSTEE UNDER THE WILL
TRUST FOR JULIA W..KNISELEY,DECEASED,NOW .
(JOSEPH DUNCAN KNISELEY A MINOR
UNDER PARAGRAPH SIXTH (e)(4~OF THE WILL)
August 24,1970
I
SUMMARY
SCHEDULE A
PRINCIPAL -PERSONALTY .
Receipts Page 3 371,948.99 ,
From Income -Personalty 8,334.99
380,283 98
I Disbursements Page 4 29,731 92I1j
,BALANCE f 350,552 06I
SCHEDULE B
INCOME -PERSONALTY I
Receipts Pages 4 - 5 41,509 03
Disburse'ments Pages 5 - 6 19,656.96
To Principal -Personalty 8,334.99
27,991 95
BALANCE -13,517 08
NET BALANCE 364,069 14
,The Balance Consists of the Following:.iPrincipal-Personalty
Stocks
,
American Telephone and Telegraph Company ,
190 shares Capital 5,641.50
Oyclops Corporation
13,920 shares Common 91,805 65·
Duquesne Light Company
200 shares Common 3,783 75
,Exhibit "C",..,
I
,'-------------------------------------------
...-..
'''f.A
ESTATE OF WALTER Ho BAKER DECEASED,_._-------_._._.-
.-l,
inued)1II
tors·Corporation ,I
+
es Common 2,959 38
I
rporation I IaresCapital40,572 45
teel Corporation
es Capital 3,724 43 I i
-I
corporated .,
es Capital ~7,4~9 87 I
IationalBankofPittsburgh
s Capital 5,494 82 I I
,161,481 i5 I
I:
I
es of America Treasury Notes I
1970 5%
I
dated 2/15/66 due 11/15/70 100,129 75
es of America Treas~Notes 5 3/8%iated11/15/66 due 11 15/71 .39,547 26
I II,
es of America Treasury Notes 7 1/2%I
ated 10/1/69 due 8/15/76 49,291 00 I
.188,968 61
,
102 20
!06,350,552
Income -Personalty !
I 13,517 08 I
i
,1
364 069114 !
,';I!
:
i :I
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I J
I
I
I
I,I,
I
I
I
I,
I
II
I I
-2-IIII
Gulf Oil Co
1,2~8 sh
National S
300 shar
United stat
Series A -
$100,000
United stat
$40,000 d
United stat
$48,000 d
General Mo
288 shar
Texaco,In
1,344 shar
The Union N
.374 share
Cash on hand
Cash on hand
Bonds
Stocks (cont
---_.-._.---..-~------...._..-.-_.
.'
,.,••&
ESTATE OF WALTER H.BAKER,DECEASED ..._-.--'--_.
I 1-I
SCHEDULE A
PRINCIPAL -PERSONALTY I
RECEIPTS I II
I
371,837 ~6ccordancewiththeSecondandPartialII
I
!II
ssets iI
t
,
I
Ii,
iNationalBankofPittsburghi
;I0.55685 share 19.49 I
,I
-\!
I IatesofAmericaTreasuryNotesI
,-
jI
$8,000 dated lJ{1/69 I
due 8 15/76 8,088.00 ,!
I I
8,107.49 I Iursedforpurchase!I
ove assets •8,107.49
0100 'II i
Received ,I,I1I
lephone and Telegraph Company ,0100RightsallocatedvalueI
I I
of Stock Rights '-I I,
i
Iephone and Telegraph Company
,I,.
eds sale ,
190 Rights at 40/64 111.63 II Ialue0.00 ;
I 111 63 iI
!
371,948HI,
,
.-'"
,i !Personalty Account---, IiisferredforInvestment18,334:99 iI
j ,
I 380,283 i98 ;i ;
I
"
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I
i
j
II
I I
.,I
I
-3-
The Union
Capital
2/9/70
United St
7 1/2%
4/29/70
Cash disb
of the ab
.American Te
Net proce
5/8/70
Allocated v
Stock
.American Te
5/1/70 190
Bond.-
From Income -
Amount tran
Gain on Sale
Stock Rights
Purchase of A
Receipts in a
Account filed
,."...
ESTATE OF WALTER H.BAKER,DECEASED -----'~.'--'_.----r··-·I
I,IDISl3U R S E ME N_T S I I I
I
,
I
ta in accordance with the Second and I I!• I
ount filed 28,934\92 I
1 I I
ive Expenses I I,II
I I Iino,Register of Wills of Washington !
Iennsy1vaniaI !IfilingSecondandPartialAccount3700!,
!
•I i
Ingersoll,Rodewald,Kyle and Buerger i I
I I
a f fee .760 00 I !I
I .797100 i
!II
29,731192,
·
I
,
SCHEDULE B ,
INCOME -PERSONALTY
R E C E.I P T S ·I
•
18,192\81 IaccordancewiththeSecondandPartial
d ,. I
Stocks ·I .
1 I II
elephone and Telegraph Company ,I
I I
es 1/2/70 -7/1/70 37C 50 I.I
rp~ration j I I
shares 3/31/70 -6/30/70 l3,~00
I
III
ight Company I I!i
es 1/2/70 -7/1/70
,I
249 00 i
i i
itorsCorporationIi
I!!
es 3/10/70 -6/10/70 48~60 I ,
!I
orporation I
res 3/11/70 -6/11/70 921 00
,
\·
-4-
Cyclops Co
Common
13,920
Russell Mar
County,P
Cost of
American T
Capital
190 shar
General Mo
Common
288 shar
Duquesne L
Common
200 shar
Buchanan,
Attorney
Gulf Oil C
Capital
1,228 aha
Receipts in
Account file
Dividends -
Administrat
Disbursemen
Partial Acc
July 7
1 970
April 1
!L~-.'='~7.'-.-
.....
,,,,...
. j
t!
1
I
------_.._.----1 T"-
I
I IiI
\I IIII
I
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i!
175 00
1
~39 36
1,C75 20
The Union National Bank of Pittsburgh
Capital
374 shares 3/31/70 -6/30/70
Texaco,Incorporated
Capital
1,344 shares .3/13/70 -6/11/70
National Steel Corporation
Capital
300 shares 3/16/70 -6/15/70
Dividends -Stocks (continued)
__.-;':::--='7:7 ::::_-::===-=-==:==:::_===E=ST==AT=E===OF==W=AL=T=ER==H=.====BAKER==~,=D::::E=CEA:;:=S:=Rn=====;:::::..::::;:;:=_==
Interest -Bonds
United States of America Treasury Notes 5 3/8%
$40,000 11/15/69 -5/15/70
United States of America Treasury Notes 5%
$100,000 11/15/69 -5/15/70
United States of America TreasurY Notes 7 1/2%
$40,000 10/1/69 -2/15/70 1,116.84
Less accrued interest on
$8,000 2/15/70 -4/28/70 119.34
$48,000 2/15/70 -8/15/70.
1,(75 06
1
99/50
1,SOC 00
I
I
II .
I
6,372 156
41,509 03
DISBURSEMENTS
I
Disbursements in accordance with the Second and
Partial Account filed
Administrative Expenses
I !
I I
i I
531 147 J
, IIIi!• I, I
1 970
Jan.15 Internal Revenue Service
Fiduciary Income Tax for fiscal year ending
9/30/69 18,65C 16
I :
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1"'~..
ESTATE OF WALTER H.BAKER,DECEASED -.---_.....-.---TeExPenses(continued),
t,!J
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I
ationa1 Bank of Pittsburgh !
tis compensation 466 33 ji
19,125 149j
,
19,656 196 !
,
-Persona1t,y Account 1 . I I
sferred for Investment I 8,334 991,
,I I
I 27,9911951
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The Union N
Accountan
To Principal
Amount tran
Administrativ
-_.._--_..-.------
II .....,..,-•y
Set forth accountants suggestion as to manner and form of distribution to be ~ade:aw~rds ~o be.st~ted in pro-
portions unless specific amounts or items are designated by instrument under whIch estate IS bemg dIstnbuted:
In accordance with P~agraph Sixth (e),(4)and Paragraph Eighth of the Will,if Your
Honorable Court concurs,the balance for distribution is to be decreed to William G.
Stewart and The Union National Bank of Pittsburgh,Trustees in Trust :::or Joseph Duncan
Kniseley SUbject to further administration and accounting.
Joseph Duncan Kniseley,party in interest,is not in the Military Services of the United
States of America.
Wherefore,your PEltitioner prays Your Honorable Court to confirm the account as filed
and award the Balance for Distribution,both securities and cash comprised of principal
and income cash.on hand to William G.Stewart and The Union National Bank of Pittsburgh,
Trustees for further administration and order of Your Honorable Court.
,-
Ii
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\_,,',~I t r
Allegheny
COUNTY OF 1'ImgJmNl&1IXDl[,
COMMONWEALTH OF PENNSYLVANIA,
The above named Fiduciary or representative thereof,
being duly §:w.Qrn doth depose and say that the
facts set forth in the foregoing petition are true to the
best of..h~~knowledge and belief.
......QW.Q;r.D to and subscribed before me
Thi~J.,J.t.0 day Of..•..:..~9•.~.
Signature of OfIiceF eP.~A..,..
Title of Officer :~:i..,NE.WJ'ON;..N~T~Y..l'JlBLlC .
. . •PItTSBURGH;ALLEGHENy.COUNTY
Office exPires MY...~.Q~.~.~~~!~~~.~.I.~~~..~~~·:.~.~:..~?!.~.
And your petitioner will ever pray,etc.
.......!h~...JJ.~.;9.p....N.~.;t.1Qn.~l ..;e.MJs;...Qt:..l?ittsbur.g14-.....
Surviving Trustee ~'.......~;[q~.!?~tiJ 1!/i;,...~~~Senior Vice President
\~
.''!I 'rtiti1J.U ~ur l\uilit
IN THE
ORPI-IANS'COURT
OF WASHINGTON COUNTY
FORM USED FOR GUARDIAN-INCOMPETENTS
-OR TRUSTEES
l,
',.
No ,..,J.J5.of 19~:r.Q
'.:''<;"
ESTATE o~y§.Jj:,.~r.H..~J?~.~!..1..J?.~g..~.§1:.~.~.~.
Trust for Julia V.Weimer Kniseley,Dec'd ...............................::;~.
now FOR.J..9..~.~.1?h..)?~.g.§.n ~.~.~.~~y..
·..····· ·..·..· ·-;;;·i~·~~=~·..· ·..
.-
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'r.h.~.....v.m.Qn...N§..t.t.9.n~J......~§..M....9.f.....:P.t.t..t.§.1?:urgh,
Surviving Trustee under the Will of
Walter:H.Baker,Deceas~d,now for
Joseph Duncan Kniseley,AMinor..........................,.;~.
Counsel for the accountant shall submit herewith the
~following,if pertinent:
_._~.
'C~""'""'Mi a ~.'..•..A ".1 "I_f~!~~..;...1
'Vd "00 N01;)NIHSVh\
5111'"~O 'tL31SI~3B
ON 1H'.1 h 1"13 SSn'd
82 ~nv OL~60 ~'~id
1.Will or trust instrument-attested.
2.Inventory.:
3.Signed eJ~ctions.of items to be taken in kind-
if distribution account.
4.Stipulatio~or certificate by mino~approving
account."
5.Praecipe for those represented.
6.Brief-for'any question of law raised.Rex Rowl~nd,Esquire
Buchanan;;Ingersoll,Rodewald,Kyle.~:!?,::!:~!'.g,~~.8 L'Counsel for accountant.1 00 OJ j ver Buil dj ng
"~2
Pittsburgh,Pennsylvania 15222
~
Ii
I
L
,j
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY"PENNA
ORPHANS'COURT DIVLSION
I:IEA,&NG ON AUDIT
for JULIA W.KNISELEY.
WALTER H.BAKER,Trust
No.315 of 1970
)
)
)
)
)
)
)
Mr.Rowland~did you have a motion for the Cour ?
Yes"sir.With regard to the Baker Trusts.,whic
Wednesday"May 20,1970"at 10:00 o'.:ock A.M..
EDST.
REX R<D}WLAND.~ESQ.~of Pittsburgh~Alleghen.
County~Pa."representing the Accountant •
THE HONORABLE P.VINCENT MARINO,Judge
of the said Court.
Is Mr.Rex Row land pres ent ?
IN RE:
::E:(
:>.I..J!Z
Z
IIID.
ie~BEFORE::r
Ql~
ti~APPEARANCES:
Q
.JetUCi:::l~TIME:
~l\I
aiII:11/~THE COURT:
D.11/II:
I-MR.ROWLAND:II::::lo~THE COURT:
etu~MR.ROWLAND:o
'..
are the last seven on the audit list"wewould like to request that th e
be postponed to a later date for this reason:we had intended to file
our Petition for Distribution at this time on the ground thai:t he
individual trustee in those trusts had died and a new one needed to
-,e-appointed.We had talked with the beneficiaries about this and a
of this date"we have not been able to agree upon who shall be the
~.
successor trustee.Mr.Patton,the Trust Officer at the bank,is
handling this trust,is now away..but he will return shortly and we
t<.t.hink that upon his return and upon f~,rther discussions with the
beneficiaries we will be able to agree upon who shall be the success r
trustee.An~therefore,we would request a contir~uance.Now Mr.
Patton advised me that Your Honor had suggested June 15 as the
!
ii1:~date for the continuance.But since tha t time,I talked with Mr.
.J~
Jl~Ritter,representing one of the trust beneficiaries"and Mrs.Ritter;'
IIIDo
i~has a diffioulty with the school problem down in Florida..in that the
o:z
~children are not out of school until close to the 15th of June ..and
~t she would prefer it to be some later date if at all possible without
ii:..~D throwing it over into the fall term of Court .
.Jt(
~THE COUR T:Did you have another suggested date..Mr.Rowlan ?
:J.,
2
5MR.ROWLAND:"Mr.Ritter is present.Is there any date you
ai~suggest,Mr.Ritter?
II:oII.~MR.RITTER:,No,sir..no specific date;just later in the month f..II::J8 June .
...t(
§THE COUR T:Would two additional weeks be sufficient if we
II.II.o
fixed it for June 29..Monday,June 29?
MR.RITTER:
MR.ROWLAND:
THE COURT:
Yes,sir.
Yes,sir..that would be satisfactory.
Very well.All of the Baker Trusts listed today
will be continued to June 29,1970 at 10:00 o'clock A.M.PresJ.6mtl
we will inquire whether there is anyone in Court interested in these
matters.Is there anyone in Court at this time interested in any
of the Baker Trusts?
(NO RESPONSE)
3
,
\
1
::!
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ia...Q':;::
ti<~
THE COURT:
A.M.
They will all be continued to June 29 at 10:00 o'clock
( A UDIT CONTINUED)
Of l<bal zyenographerU.
The foregoing record of the proceedings upon the hearing of the
~a:
""!I hereby certify that the proceedings and evidence are containedQ
..I<~fully and accurately in the notes taken by me on the hearing of the above
;)...
~cause,and that this copy is a correct transcript of the same.
t't
g;a:...
""a:c·a..
D..!!
Cc.:
;;
Cii:II.above cause is hereby approved and directed to be filed.c
1If,_-------1t--------------J-
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY.PENNA.
ORPHANS'COURT DIVISION
WALTER H.BAKER.
HEARING ON CONTINUED AUDIT
No.315 of 1970
)
)
)
)
)
)i
)
ESTATE OF
IN RE:
:3z~Trust fOr Julia W.Kniseley.
oJ>-III~ZUr..
~ot-g BEFORE:
:5
0(
~
rTHEHONORABLEP.VINCENT MARINO.Jud.5e
of the said Cou rt.
Trust under the Will of Walter H.Bd.ker.deceased.fOr Julia V.
~~APPEARANCES:•Q..<Q
Q
=:TIVIE:
~"..I:III...~MR.ROWLAND:•II•to!
Cl
REX ROWLAND.:frS~.•of Allegheny County.
Pa .•repres enting the Accountant.
Monday.August 24.1970.at 10:00 o'clock
A.M.•EDST.
Th e next petition is Number 315 of 1970,
..tiiIIC
Weimer Kniseley.deceased.,now J9seph Duncan Kniseley.Unde
par~graph eighth of the Willi.upon the death of Edward L.Stockd e.
Co-Trustee,the wife,Wilma L.Baker.and the daughter.Anne
Baker Weimer.have the right to appoint a SuccesSOr Trustee.
Wilma L.Baker died May 4,1963 and Anne Baker Weimer who
is living is exercising this right as evidenced by letter marked
Exhibit "A ",designating William G.Stewart.Successor Trustee.
Mr.Stewart's acceptance is ~tached to the f?¥~~:9B-and rna ked
...--------------n-----------------
.~1lo'_....---..--.._-1__2_
Exhibit "B"..I pres ent the Petition in 315 of 1970.
(Proceedings Closed).
e
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"..1tJe1.~",ce'rtJ!ti'tbUt tho t1~0t::fSt'74~ntd ct~9 nr-Q .:o:atatncd
.·~~D~r~~~-~·~-~~-......
..:;~upcn C.O t~~lQg of ttlo
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~U t4t Qinurt nf (tlnmmnn 'lrus nf lfus!1ingtDu mnunty.
Jrnnsylttttuia.(@rp4uns f mnun J3itti.alnu
ESTATE OF No._~31:::..5~of:::-...:!!l:..L97.L.:O~_
Walter H.Baker trust for
Julia W.Kniseley now for
In the matter of the Second and Partial
Account of The Union National Bank of Pittsburgh
Joseph D1mcan Kniseley (#2992)Surviving Trustee
ADJUDICATION AND DECREE
And now August £y ,19..'lJJ-,this matter came on for hearing,
audit and distribution at this session and testimony taken;and thereupon,upon c'ue consideration
thereof th~4b8LQ.n~~for distribution in the hands of the Accountant is c~etermined to be
$20,J O'1.J.4 .and the account is accordingly confirmec1;and it is ordered,
adjudged and decreed that the said balance be paid out by the Accountant in ac·:ordance with the
schedule of distribution hereto attached and made a part hereof,unless excepti.)ns hereto be filed
sec.reg.or an appeal be taken herefrom sec.leg.
SCHEDULE OF DISTRIBUTION
Balance per account _
Additional debit asked at audit
Additional credit asked at audit
31762.84
28257.4::3
$360,563.78
$392,326.62
Balance·_$364,069.JJ!.
49291.00
52.20
13517.08 364019,14
No balance
50.00
2959.38
3783.75
39547.26
40572.45
Deduct Clerk's Costs &Receipts'-_
Attorney Rex Rowland for Buchanan,Ingersoll,Rodewald
Kyle and Buerger"
vlilliam G.Stewart and The Union National Bank of PittsbUl gh,
Trustees for Joseph Duncan Kniseley,under Paragraph Sixtt
(e),(4)and Paragraph Eighth of the Will,subject to
further administration and accounting,including the
following assets,held in kind and distributed as such at the
value as shown:-
Principal Personalty
190 shares capital stock of American Telephone and Telegr8ph
Company $5641.50
13920 shares common stock of Cyclops Corporation 91805.65
200 shares common stock of Duquesne Light
Company
288 shares common stock of General Motors
Corporation
1228 shares Capital stock of Gulf Oil
Corporation
300 shares capital stock of National Steel
Corporation 3724.43
1344 shares capital stock of Texaco,Incorporated 7499.87
374 shares Capital stock of the Union National
Bank of Pittsburgh 5494.82
United States of America Treasury Notes Series A -
1970 5%$100,000 dated 2-15-66 due 11-15-70 100129.75
United States of America Treasury Notes 5 3/8%
$40,000 dated 11-15-66 due 11-15-71
United States of America Treasury Notes 7 1/2%
$48,000 dated 10-1-69 due 8-15-76
Principal Personalty cash
Income Personalty cash
~-
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ty 0 c:m
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S~~~~
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j
..
BALANCE DUE -$360,563.78
IN THE COURT OF COMMON PLEAS
OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
NO.~I s-tJ/I Vj 1 ()
I"s....,'~.)
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::
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t~a'"
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f dll ,~,~rrHfI ~ht:tt /h(we (lfiJen hfrjrll notfne ta aJl nus"",,:
{)o,:l:n'lll!fi (~/the ,,'1/!ng of the within 'account in the man"er pre",.
tli',";'Ilij ,'iflnl'iI/(I fInd Rille of Oourt,as Bvidenoed by proo!9r,
:f1r;;"":;'/.i'i'MIi ~Q No.b.3 -7o-/lJ t:,.
I'h'",,",,;",."I II ""J ,..'d o·<i':'n··,I """/il'l's )/.ii,..d"lt~"';f rU~'~'::\J Sf"t~(f.,rn1'(Afl ~,i~Ji\.la,w,?V4 - (•••••7.~..,.,__"~
~.~~~~l1()
w"."'''LU'(''''r:J''''6l.~9lL~._
~;;!Jii;l6"of '1m/;:
"1"1...-..;
e:::;:,
ESTATE OF
WALTER H.BAKER,DECEASED
SECOND AND PARTIAL ACCOUNT
OF
THE UNION NATIONAL BANK
OF PITTSBURGH
SURVIVING TRUSTEE UNDER THE WILL
TRUST FOR JULIA W.KNISELEY
~::;o>,.,,::0~(;");;;.~t~~-"
:::::{f)(/)::l'.:'•.:.-_-!,..~~,r-'OC-~~Jm;.::'.)l'~_I ~,__:4"1 I"~
1:::::J r-,.~~oJ;
Z ~.'-2 ;;t;">=:~
.~..~~~:,.::.I 'I\..".""C;',I~~Anti nuwtto Wit...~.y .,lb:
70 the withm aCOOUlJf1 orq'iiiijeo co "'et COf!
,_/irmotlfJft.."
____~./J .IJ ()em(1)LU);U}-~.7!J&'_,..
.'fMtI'~Rr miff /7/(l'rk 0 r
~~J':_-
Rex Rowland,Esquire
Buchanan,Ingersoll,Rodewald,
Kyle &Buerger
1800 Oliver Building
Pittsburgh,Pennsylvania 15222
281-0770 31',01>roHM 1740.6.
________...-..o..-......o=....-:..D_KrIS3~t?o~S5'~~._.-j,--~~-~=~---"
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,
.ORPHANS.,'COURT DIVISION
NO •~t r i.I tf 7 b
ESTATE OF WALTER H.BAKER,DECEASED
SECOND AND PARTIAL ACCOUNT
OF
THE UNION NATION~BANK OF PITTSBURGH
SURVIVING TRUSTEE ·UNDER THE WILL
TRUST FOR JULIA W.KNISELEY
DecembE~31,1969
(Date cf Death of
Edward L.Stockdale
Co-Tr~stee,November 5,1969)
PRINCIPAL
SUMMARY
SCHEDULE A
PERSONALTY
PERSONALTY
NET BALANCE
BALANCE
Pages 11 -12
Page 13
,
"
371,837 36
28,93~92
342,902 44,
i,
18,192 81
531 47
17,661 34
,
360,563 78
,,
BALANCE
226,514.31
145,323.05
Pages 8 -11
SCHEDULE B
INCOME
Receipts .Pages 3 - 8
From Income -Personalty
12/31/63 -9/30/69
Receipts
Disbursements
Disbursements
The Balance Consists of the Following:-\
Principal -Personalty
Stocks.
American Telephoneaild.5elegraph Company
190 shares Capital
Cyclops Corporation
13,920 shares Common
Duquesne Light Company
200 shares Common
General Motors Corporation
288 shares Common
Gulf Oil Corporation
1,228 shares Capital
5,6~1 50
•91,8)5 65
,
3,~3 75
2,959 3e
40,lJ72 4~
ESTATE OF WALTER H.BAKER,DECEASED
stocks (continued)I.
National Steel Corporation
300 shares Capital 3,724'43
Texaco,Incorporated r1,344 shares Capital 7,499 '87
,
The Union National Bank of Pittsburgh
373.44315 shares Capital 5,475 33•
'161,462 36
,
Bonds !,
United States of America Treasury Notes
Series A 1970 5%
i $100,000 d~ted 2/15/66 due 11/15/70 100,129 75
,
United States of America Treasury Notes 5 3/8%
$40,000 dated 1~/15/66 due 11/15/71 39,547 26 ~
~
United States of America Treas~Notes 7 1/2%
$.40,000 dated 10/1/69 due 8 15/76 41,203 00
180,880 01
Cash on hand 560 07
342,902 44
Income -Personalty
Cash on hand 17,661 34
,,
~360,563 78,
!
~.
!,
:
- 2 -
I
====r==========E::::S=TA=:T:=E::::O:::;F===:WAL===:T:=ER==:H:::.=B=AK~ER~,~DE~C~EA~S~E~D======r=;:;=====r===r==I
SCHEDULE A·
PRINCIPAL-PERSONALTY
R E CE I P T S
Edward L.Stockdale and The Union National Bank of
Pittsburgh,Trustees Under the Will of Walter.H.
Baker,Deceased Trust for Julia Weimer Kniseley
Awarded by Decree of Distribution dated October
14,1963 at No.263 of 1963 O.C.by the Orphans'
Court of Washington County,Pennsylvania
Stocks
AluminUm Company of America
100 shares $3.75 Preferred
American Telephone and Telegraph Company
95 shares Capital
Anaconda Company
55 shares Capital
Armstrong Cork Company
89 shares $3.75 Preferred
Atlantic Richfield Company
(formerly Atlantic Refining Company)
50 shares 3.75%Preferred
Dunn Mar Oil and Gas Company
142 shares Capital
E.1.duPont deNemours and Company
100 shares $3.50 Preferred
Duquesne Light Company
200 shares Common
Duquesne Light Company
100 shares 4%Preferred
General Motors Corporation
288 shares Common
George Washington Hotel Corporation
5 shares Common
National Steel Corporation
300 shares Capital
Pittsburgh,Fort Wayne and Chicago
Railway Company
13 shares 7%Preferred
- 3 -
9,135 55
5,641 50
1,685 07
8,433 02
5,018 76
284 00
9,424 83
3,783 75
5,296 81
2,959 1 3E
12 5C
3,724 4:
2,249 OC
r-
ESTATE OF WALTER H.BAKER,DECEASED
Stocks (continued)I
Texaco,Incorporated
640 shares Capital 7,499 87
The Union National Bank of Pittsburgh
210 shares Common 5,435 73
United States Steel Corporation
1,052 shares Common 11,681 58
Universal Cyclops Steel Corporation
13,920 shares Common 91,805 65
Vanadium -Alloys Steel Company
64 shares Capital 2,562 74
Bonds
United States of America Certificates of
Indebtedness 3 1/8%
-$10,000 dated 11/15/62 due 11/15/63 10,025:00
Cash.988 72
187,647 89
Purchase of Assets
Stocks ,
Armstrong Cork Company $3.75 Preferred
,
!
2/26/64 10 shares at 90 1/2 920.00 ,
7 shares at 91 1/4 and 646.19
10 shares at 90 1/2 913.80
5/27/64 80 shares at 88 1/2 and7,126.08
4 shares at 89 1/2 357.36
III shares 9,963.43
Atlantic Richfield Company 3.75%Preferred
2/18/64 90 shares at 87 7,876.83
2/20/64 60 shares at 87 5,261.62--.150 shares 13,138.45 ..
Duquesne Light Company 4%Preferred I
6/13/66 4 shares at 41 1/8 and 166.14
10 shares at 40 3/4 418.83 .
10/31/68 3 shares at 33 3/4 and 102.26
20 shares at 33 3/8 681.18
5/2/69 6 shares at 32 1/2 and 197.73
10 shares at 32 1/8 330.68
8/19/69 5 shares at 30 7/8 and 160.38
~shares at 30 1/2 2.471.20
138 shares 4,528.40
~4 -
• I
I
ESTATE OF WALTER H.BAKER DECEASED'
Purchase of Assets (continued)
Stocks (continued)
.Gulf Oil Corporation Common
11/18/69 1,220 shares at 32 3/4 40,306.26
11/24/69 . 8 shares at 32 7/8 266.19
1,228 shares 40,572.45
The Union National Bank of Pittsburgh Capital
4/7/64 0.99 'share 39.60
Bonds
United States of America Treasury Notes
11/15/63 $10,000 3 7/8%dated 11/15/63
due 5/15/65
at 100 10,000.00
8/13/64 7,000 3 7/8%dated 11/15/63
due 5/15/65
at 100 1/4 7,021.88
12/2/64 7,000 3 7/8%dated 11/15/6.3
due 5/15/65
at 100 2/32 7,008.76
5/13/65 8,000 4%dated 2/15/65
due 8/15/66
at 100 11/32 8,027.50
8/13/65 7,000 4%dated 2/15/62
due 8/15/66
at 100 4/32 7,013.13
11/15/65 9,000 4%dated 2/15/62
due 8/15/66
at 99 29/32 8,997.19
5/5/66 9,000 5%dated 2/15/66
due 11/15/70
at 100 9/32 ,9,076.50
5/19/66 11,000 5%dated 2/15/66
due 11/15/70
at 100 31/32 11,107.31
8/17/66 6,000 5%dated 2/15/66
due 11/15/70
at 99 10/32 5,962.50
9/9/66 2,000 5%dated 2/15/66
due 11/15/70
at 99 . .1,981.25
11/17/66 9,000 5%.dated 2/15/66
due 11/15/70
at 98 16/32
5/5/67 8,000 5%dated 2/15/66
due 11/15/70
- 5 -
ESTATE OF WLATER H.BAKER DECEASED
Purchase of Assets (continued)
Bonds (continued)
9,000 5%
5/6/69
11/3/67
6/3/68
11/4/68
United States of America Treasury Notes (continued)
8/14/67 $10,000 5%dated 2/15/66
due 11/15/70 9,987.50
dated 2/15/66
due 11/15/70 8,870.63
4;000 5 3/8%dated 11/15/66
due 11/15/71
at 97 5/8 3,905.00
9/6/68 16,000 5 3/8%dated 11/15/66
due 11/15/71
at 100 16,023.00
7,000 5 3/8%dated 11/15/66
due 11/15/71
at 100 2/32 7,004.38
3,000 5 3/8%dated 11/15/66
due 11/15/71
at 98 30/32 2,968.13
8/13/69 10,000 5 3/8%dated 11/15/66
due 11/15/71
at 96 14/32 9,646.75
11/7/69 40,000 7 1/2%dated 10/1/69
due 8/15/76
at 103 41,203.00
261,042.42
Cash disbursed for purchase of the
above assets 261,042.42 .
o 00
Received Through Consolidation
Received through consolidation with
Commonwealth Bank and Trust Company as
Stockholders of record February 28,1964 of
210 shares The Union National Bank of Pittsburg
Capital Stock
82.01-shares The Union National Bank of
Pittsburgh Capital Stock o 00
Received through consolidation with
Peoples Union Bank and Trust Company as
Stockholders of record December 31,1969 of
293 shares The Union National Bank of Pittsburg
Capital Stock
80.44315 shares The Union National Bank of
Pittsburgh Capital Stock o 00)
o 00
- 6 -
ESTATE OF WALTER H.BAKER DECEASED
Stock Rights Received
American Telephone and Telegraph Company
3/5/64 95 Rights allocated value
Gain on Sale of Stock Rights
o 00
American Telephone and Telegraph Company
4/6/64 95 Rights
Allocated value
Stock Splits and Stock Dividend
American Telephone and Telegraph Company
Received as a Stock Split
7/6/64 2 for 1 on 95 shares held
Texaco,Incorporated Capital
Received as a Stock Dividend
,12/16/64 5%on 640 shares held
Received as a Stock Split
8/21/69 2 for 1 on 672 shares held
192.77
0.00
Capital
95 shares
32 shares
672 shares
704 shares
o 00
o 00
192 77
Vasco Metals Corporation Common
(formerly Vanadium -Alloys Steel Company)
Received as a Stock Split
11/19/65 2 for 1 on 142 shares held 142 shares o 00
o 00
..
196'4
pro 7
196 5
Mar.9
1 9 6 6
Apr.17
Gain on Sale of Assets
Net proceeds sale -142 shares
Dunn Mar Oil and Gas Com~ny
Capital Stock at 3:00
Carrying value
Net proceeds sale -55 shares
Anaconda Company Capital Stock
at 63 5/8
Carrying value
Net proceeds sale -284 shares
Vasco Metals Corporation
Capital Stock at 41 3/4
Carrying value
- 7 -
426.00
284.00
3,463.41
1,685.07
11,732.14
2,562.74
142 00
1,778 34
9,169 4
I.
ESTATE OF WALTER H.BAKER DECEASED
1'967
Jan.17
1 9 6 9
Nov.7
Dec.4
Gain 'on Sale of Assets (continued)
Net proceeds sale -$5,000
United States of America Treasury Notes
5%dated 2/15/66 due 11/15/70 .
at 100.24
Carrying value
Net proceeds sale -1,052 shares
United States Steel Corporation
Capital Stock
1,000 shares at 37 5/8 and
52 shares at 37 1/2
Carrying value
Proceeds sale -5 shares
George Washington Hotel Corporation
Common Stock at 10
Carrying value
From Income -Personalty Account
Funds transferred for Investment
12/31/63 to 9/30/69
DISBURSEMENTS
5,034.37
4,925.38
39,119.00
11,681.5
108 99
27,437:42
37 50
38,673 65
226,514 31
145,323 05
371,837 36
1 9 6 4
Apr.3
196 5
Jan.15
1 9 6 6
Jan.14
Administrative Expenses
Stock Transfer Tax on
142 shares Dunn Mar Oil and Gas Company
Capital Stock
Internal Revenue Service
1964 Fiduciary Income Tax
Internal Revenue Service
1965 Fiduciary Income Tax
-8 -
17
ESTATE OF WALTER H.BAKER DECEASED
23,990.62
36.00
1 9 6 7
Jan.17
1 9 6 B
Jan.15
196 5
May 20
Administrative Expenses (continued)
Internal Revenue Service
1966 Fiduciary Income Tax
Internal Revenue Service
1967 ·Fiduciary Income Tax
Loss on Surrender for Exchange
Surrendered
$24,000 United States of America Treasury Notes
3 7/B%dated 11/15/63
due 5/15/65
Carrying value 24,030.64
Received in lieu of above
$24,000 .United States of America
Treasury Notes 4%Series A
1966 dated 2/15/62
due B/15/66
Cash
24,026.62
22 12
2,27B .54
45,026.66
202.50
45,229.16
1 9 6 6
Feb.16 Surrendered
$45,000 United States of America
4%Series A 1966
dated 2/15/62
due B/15/66
Carrying value
Cash
Treasury Notes
4 02
Received in lieu of above
$45,000 United States of America
Treasury Notes 5%Series A
1970 dated 2/15/66
due 11/15/70
- 9 -
45,014.06
215 10
219 12
ESTATE OF WALTER H.BAKER.DECEASED
1 9 6 3
Nov.15·
1 9 6 6
Jan.17
1 9 6 8
Feb.15
1 9 6 9
Nov.7
Loss on Sale and Conversion of Assets
Proceeds maturity -$10,000
United States of America Certificates
of Indebtedness Series D-1963 3 1/8%
dated 11/15/62 due 11/15/63
Carrying value
Net proceeds sale -$3,000
United States of America Treasury Notes
4%dated 1/15/65 due 8/15/66
at 99 15/32
Carrying value
Net proceeds sale -$4,000
United States of America T~easury Notes
5%dated 2/15/66 due 11/15/70
at 98.2
Carrying value
Net proceeds sale -200 shares
Atlantic Richfield Company
$3.75 Preferred Stock
100 shares at 53 1/2 and
100 shares at 53 1/4
Carrying value
Net proceeds sale -238 shares
Duquesne Light Company
4%Preferred Stock
50 shares at 28 1/4
180 shares at 28 and
8 shares at 27 7/8
Carrying value
Net proceeds sale -13 shares
Pittsburgh,Fort Wayne and Chicago
Railway Company 7%Preferred Stock
10 shares at 96 and
3 shares at 95
Carrying value
-10 -
10,000.00
10,025.00
2,982.18
3,001.78
3,922.50
3,940.30
10,576.10
18,157.21
6,579.76
9,825.21
1,225.61
2,249.00
2.5 00
IS'60
17 80
7,581 11
3,245 !..5
1,023 71
F=ESTATE OF WALTER H.BAKER,DECEASED
Loss on Sale and Conversion of Assets (continued)I
1 9 6 9 INov.7 Net proceeds sale -100 shares ,,
Aluminum Company of America .
$3.75 Preferred Stock at 53 1/4 5,275.56
Carrying value 9,135.55 ,
3,859 99
Net proceeds sale -100 shares
E.1.duPont deNemours and Company t
$3.50 Preferred Stock at 54 1/2 5,400.44 ~
Carrying value 9,424.83 I
·4,024 39
Nov.12 Net proceeds sale -200 shares I
Armstrong Cork Company
$3.75 Preferred Stock
170 shares at 59 1/2 and
30 shares at 58 1/2 11,755.92 !
Carrying value 18,396.45
6,640 53
,
26,437.26
28,934 92
INCOME
SCHEDULE B
PERSONALTY
$5,824.22 being amount awarded by Decree of
Distribution dated October 14,1963 at No.263
of 1963 and all Income received and Disbursements
made to September 30,1969 (date of last Quarterly
Statement)have been accounted for by Quarterly
Statements rendered Joseph D.Kniseley,Guardian
and The First National Bank of Miami,Successor
Guardian for Joseph Duncan Kniseley,a minor
RECEIPTS
Balance in accordance with last Quarterly Statement
ending September 30,1969 .
Income received subsequent to Statement ending
Sep~ember 30,1969
Dividends -Stocks
Aluminum Company of America $3.75 Preferred
100 shares 10/1/69
-11 -
93 75
6,000 00
ESTATE OF WALTER H.BAKER,DECEASED
Dividends -Stocks (continued)
American Telephone and Telegraph Company Capital
190 shares 10/1/69 .
Atlantic Richfield Company 3.75%Preferred
200 shares 11/3/69
Universal Cyclops Steel Corporation Common
13,920 shares 12/30/69
E.I.duPont deNemours and Company $3.50 Preferred
100 shares 10/27/69
Duquesne Light Compa~Common
200 shares 10/1/69
Duquesne Light Companl 4%Preferred
238 shares 10/1/69
General Motors Corporation Common
288 shares 12/10/69
National Steel Corporation Capital
,300 shares 12/12/69
Pittsburgh,Fort Wayne and Chicago
Railway Company 7%Preferred
13 shares 10/8/69
Texaco,Incorporated Capital
1,344 shares 12/15/69
The Union National Bank of Pittsburgh Capital
293 shares 12/29/69
Interest -Bonds
United States of America Treasury Notes 5 3/8%
$40,000 5/15/69 -11/15/69
United States of America Treasury Notes 5%
$100,000 5/15/69 -11/15/69
-12 -
114 00
187 50
6,612 00
87 50
8;00
99'00
432 00
187 50
22 75
537 60
161 15
1,075 U6
2,500 00
8,617 75
3,575 06
18,192 81
ESTATE OF WALTER H.BAKER DECEASED
DIS BUR S E MEN T S
1 9 6 9
Nov.7
Dec.31
Administrative Expenses
,
Accrued Interest on
United States of America Treasury Notes 7 1/2%
$40,000 10/1/69 to 11/6/69
Purchased 11/7/69
The Union National Bank of Pittsburgh
Accountant'.s compensation
":'13 -
531 47
'.1
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF WASHINGTON
.-.,
SS:
,,'
Jo DONALD PATTON,Senior Vice President of THE UNION:NATIONAL BANK ,OF
PITTSBURGH,the above named Accountant being,dUly sworn accord~ng to law deposes
and says that the disbursements shown in the account have been made to the parties
entitled thereto and that the account as stated is true ana correct as he verily
believes.
"
,/Sworn and subscribed before me thiS__'Vo__--tL__day of ....:YU-.;..~~;;....;;;.-==-,1970.
I'
REQUEST FOR DISTRIBUTION
No:.ary Pu.Qli~q
CLAIF A.NEwtON;-NOTARY PUBLIC
.'PITT::SURGH.ALLE.GHENY.COUNTY
MY COM:v1I:;stON 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 BA~K OF PITTSBURGH
BY tJ~~t
,
:;;.
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BALANCE~P1!J!1 _
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"ORM .17.0.&
WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
NO.
ESTATE OF
WALTER H.BAKER,DECEASED
THIRD AND FINAL ACCOUNT
OF
WILLIAM G.STEWART
SUCCESSOR INDIVIDUAL TRUSTEE
AND
THE UNION NATIONAL BANK
OF PlDTTSBURGH
SURVIVING TRUSTEE UNDER WILL
(TRIJST FOR JULIA W.KNlSELEY,
DECEASED NOW
.(JOSEPH DUNCAN KNISELEY,A
MINOR
UNDER PARAGRAPH SIXTH (E)(4)
OF THE WILL
----=~,---.,~.
~/.",;'
••_.u ':-.-".>nw:""""'(~ll
Rex R6 wland, E~q.,m-,.,.I1nrJ I?/prk n.n .,
Buchanan,Ingersoll,Rodewald,Kyle
and Buerger
1800 Oliver Building
Pittsburgh,Pennsylvania
281-0770
o{\
~
......
r,.
\)/<{i /67-(fUJ~__4-.$·8~
r"Y}
1718
January 5,1972
,(Date of 21st Birthday
of Joseph Duncan
Knise1ey-October 9,1971)
. I
PENNSYLVANIA
3ISi/9?O
,~
IN THE COURT OF COMMON PLEAS OF-WASHINGTON COUNTY,
ORPHANS'COURT DIVISION'
"NO.,
ESTATE OF"WALTER H.BAKER,DECEASED
THIRD AND FINAL ACCOUNT
O!"\
WILLIAM G.STEWART
SUCCESSOR INDIVIDUAL TRUSTEE
AND
THE UNION NATIONAL BANK OF PITTSBURGH
SURVIVING TRUSTEE UNDER WILL
TRUST FOR JULIA W.KNISELEY,DECEASED,
NOW
(JOSEPH DUNCAN KNISELEY,A MINOR
UNDER PARAGRAPH SIXTH (E)(4)OF THE WILL)
,J
SUMMARY
SCHEDULE A
PRINCIPAL -PERSONALTY
Receipts Pages 3 - 6
From Income -Personalty 9/30/70
351,700.00
15,515.92
Disbursements Pages 6 - 7
367,215 92
23,70~95
BALANCE 343,512 97
SCHEDULE B
INCOME -PERSONALTY
Receipts
Disbursements
Pages 7 - 8
Page 8
•6,52E:23
6,.17~21
BALANCE 354 02
NET BALANCE 343,866 99
The Balance Consists of the Following:-
Principal -Personalty
Stocks
Am~rican Telephone and Telegraph Company
190 shares Capital
Cyc1op~Corporation'
13,920 shares Common
Duquesne Light Company
200 shares Common
General Motors Corporation
288 shares Common
Gulf Oil Corporation
590 shares Capital
5,641 50
91,80~65
3,78':;75
2,95-:;38
19,493 28
"------'--------------------------'----------------
ESTATE OF WALTER H.BAKER,DECEASED
Stocks (continued)
,
National Steel Corporation.,.
300 shares Capital I -3,724 43•,
Texaco,Incorporated
1,344 shares Capital 7,499 87
The Union National Bank of Pittsburgh
468 shares Capital 5,509 82
140,417 68
Bonds
United States of America Treasury Notes 7 1/2%
$148,000 dated 10/1/69 due 8/15/76 150,572 25
Note
General Motors Acceptance Corporation
001-$31,000 Demand Note 31,000
Distribution
(See Exhibit No.I Page 9)21,079 17
\
Cash on hand 443 87
343,512 97
Income - .Personalty
Cash on hand 354 02
343,866 99
I
I
,
~1\.,.
I
- 2 -
I
"UI 1
ESTATE OF WALTER H BAKER DECEASED.,
SCHEDULE A
PRINCIPAL -PERSONALTY
I
RECEIPTS
William G.Stewart and The Union National Bank of
Pittsburgh,Trustees for Joseph Duncan Kniseley,
Under Paragraph Sixth (E)(4)and Paragraph Eight
of the Will
Awarded by Adjudication and Decree dated
August 28,1970 at No.315 of 1970 by the
Common Pleas of Washington County,
Pennsylvania Orphans'Court Division
II
Stocks
;American Telephone and Telegraph Company
190 shares Capital 5,641 50
,Cyclops Corporation
13,920 shares Common 91,805 65
Duquesne Light Company
200 shares Common 3,783 75
Gelleral Motors Corpora tion
288 shares Common 2,959 38
Gulf Oil Corporation
1,228 shares Capital 40,572 45
National Steel Corporation
300 shares Capital 3,724 43
Texaco,Incorporated
1,344 shares Capital 7,499 87
The Union National Bank of Pittsburgh
374 shares Capital 5,494 82
161,481 85
I Bonds,
United States of America Treasury Notes
Series A -1970 5%
$100,000 dated X15/66
due 11 15/70 100,129 75
Uni ted States of America Treasury
Notes 5 3/8%
$40,000 dated 11/15/66
due 11/15/71 39,547 26
- 3 -
I .
I====r===========E=S=TA=TE===OF===WAL==TE==R~H;:;;.=BAKE~~R~,~DE~CEA~SE~D~==;::===;:;::=====:::;:=:;:::=:=
Bonds (continued)
United States of America Treasury Notes 7 1/2
$48,000 dated 10/1/69
due .8/15/76
Cash on hand
Purchase of Assets
The Union National Bank of Pittsburgh
Capital
4/2/71 0.50 share 15.00
'49,291 OC
188,968 01
102 20
350,552 06
CorporationGeneralVlOtorsAcceptance
Demand Note
11/16/71 $40,000 at 100
1/4/72 4D,000 at 100
Cash disbursed for purchase of the
above assets
Stock Rights Received
40,000.00
40,000.00
80,015.00
80,015.00
o DC
American Telephone and Telegraph Company
6/3/71 190 Rights allocated value
Gain on Sale of Stock Rights
o OC
American Telephone and Telegraph
Net proceeds sale
7/7/71 190 Rights
Allocated value
- 4 -
Company
43.70
0.00
43 7C
ESTATE OF WALTER H BAKER DECEASED·,,
I
,
Stock Dividend
The Union National Bank of Pittsburgh Capital
Received as a Stock dividend
3/15/71 25%on 374 shares held 93.50 shar ~s ,0 DC
Surrendered for Exchange
1 9 7 0
Nov.17 Surrendered ,
$100,000 United States of America Treasury ,
Notes 5%dated 2/15/66
due 11/15/70
carrying value 100,129.75
Cash 500.00
100,629.75
Received in lieu of above
$100,000 United States of Ii
America Treasury Notes
I
7 1/2%dated 10/1/69
due 8/15/76 101,281.25
·651 5C
Conversion of Assets Without Gain or Loss
1 9 7 1
I
Dec.29 Proceeds redemption -$40,000
General Motors Acceptance Corporation
Demand Note at 100 40,000.00
Carrying value 40,000.00
0 00
1 972
Jan.5 Proceeds redemption -$9,000
General Motors Acceptance Corporation
Demand Note at 100 9,000.00
Carrying value 9,000.00
01 00
i
I o 00Ii
iI,
~,
,
- 5 -j
ESTATE OF WALTER H.BAKER,DECEASED
"'Ii
Stocks (continued)
National Steel Corporation
300 shares Capit~•3,724 .+3.
Texaco,Incorporated
1,344 shares Capital 7,499 87
The Union National Bank of Pittsburgh
468 shares Capital 5,509 82
140,417 68
Bonds
United States of America Treasury Notes 7 1/2%I
$148,000 dated 10/1/69 due 8/15/76 150,572 25
Note
General Motors Acceptance Corporation I 001-$31,000 Demand Note 31,000
Distribution
(See Exhibit No.I Page 9)21,079 17
\
Cash on hand 443 87
343,512 97
Income -,Personalty
Cash on hand 354 02
34.3,866 99
I
- 2 -
-,
,I
ESTATE OF WALTER H.BAKER,DECEASED
SCHEDULE A
PRINCIPAL -PERSONALTY
RECEIPTS
William G.Stewart and The Union National Bank of
Pittsburgh,Trustees for Joseph Duncan Knise1ey,
Under Paragraph Sixth (E)(4)and Paragraph Eight
of the Will
Awarded by Adjudication and Decree dated
August 28,1970 at No.315 of 1970 by the
Common Pleas of Washington County,
Pennsylvania Orphans'Court Division
Stocks
American Telephone and Telegraph Company
190 shares Capital 5,641 50
Cyclops Corporation
13,920 shares Common 91,805 65
Duquesne Light Company
200 shares Common 3,783 7ll
Gerleral Motors Corporation
288 shares Common 2,959 38
Gulf Oil Corporation
1,228 shares Capital 4fJ,572 45
National Steel Corporation
300 shares Capital 3,724 4'}
Texaco,Incorporated
1,344 shares Capital 7,499 87
The Union National Bank of Pittsburgh
374 shares Capital 5,494 8~'/c.
161,481 85
United States of America Treasury Notes
Series A -1970 5%
$100,000 dated 2/15/66
due 11/15/70
Uni ted States of America Treasury
Notes 5 3/8%
$40,000 dated 11/15/66
due 11/15/71
-3 -
100,129 75
ESTATE OF WALTER H.BAKER,DECEASED
Bonds (continued)
United States of America Treasury Notes 71/2cb
$48,000 da-ted 10/1/69
due 8/15/76
Cash on hand
Purchase of Assets
~
The Union National Bank of Pittsburgh
Capital
4/2/71 0.50 share 15.00
49,291 OQ
188,968 01
102 20
350,552 06
CorporationGeneralV~tors Acceptance
Demand Note
11/16/71 $40,000 at 100
1/4/72 40,000 at 100
Cash disbursed for purchase of the
above assets
Stock Rights Received
40,000.00
40,000.00
80,015.00
80,015.00
o DC
43.70
0.00
American Telephone and Telegraph Company
6/3/71 190 Rights allocated value
Gain on Sale of Stock Rights
American Telephone and Telegraph Company
Net proceeds sale
7/7/71 190 Rights
Allocated value
- 4 -
o OC
43 7C
1"8 i.
ESTATE OF WALTER H BAKER DECEASED.,I
I
Stock Dividend I
The Union National Bank of Pittsburgh Capital
Received as a Stock dividend
3/15/71 25%on 374 shares held 93.50 shar es 0 DC
Surrendered for Exchange
1 9 7 0
,
Nov.17 Surrendered I,
$100,000 United States of America Treasury •
Notes 5%dated 2/15/66
due 11/15/70
carrying value 100,129.75
Cash 500.00 ,
100,629.75 I
Received in lieu of above
$100,000 United States of til
America Treasury Notes I
7 1/2%dated 10/1/69
,
I due 8/15/76 101,281.25 I
j ·651 5(1
Conversion of Assets Without Gain or Loss .
1 9 7 1
I
Dec.2S Proceeds redemption -$40,000 ;
General Motors Acceptance Corporation .
Demand Note at 100 40,000.00 II
Carrying value 40,000.00 t
I
0 00 ,
I
I
1 9 7 ~,
Jan.5 Proceeds redemption -$9,000 ,
General Motors Acceptance Corporation ,
Demand Note at 100 9,000.00 I
:Carrying value 9,000.00 .,.,
0 00
I o 00.t
i
j,
:
;,
- 5 -
I I,!
,
I
I
ESTATE OF WALTER H'BAKER DECEASED.,
GaIn on Conversion.of Asset I ,
1 9 7 1
I
I
Nov.15 Proceeds maturity -$40,000 1
United States of America Treasury Notes 5 3/8~
dated 11/15/66 due 11/15/71 at 100 40,000.00
Carrying value 39,547.26
452 74
351,700 00
From Income -Personalty Account ,
,,'Amount transferred for Distribution
9/30/70 '15,515 92
I 367,215 92
I~
I
I
DIS BUR S E MEN T S
II,
Administrative Expenses I
1 97O ISept.15 Russell Marino,Register of Wills of
IWashingtonCounty,Pennsylvania ICostofAdjudicationandDecreeinre ISecondandPartialAccountfiled5000II
1 9 7 1 I
Jan.18 Internal Revenue Service I
Fiduciary Income tax for Fiscal
.year ending 9/30/70 54 °J
1 9 7 2
~
Jan.5 ~uchanan,Ingersoll,Rodewald,Kyle and IBuergerI
Attorneys'fee 1,750 C;C
I
The Union National Bank of Pittsburgh I
I
Accountant's compensation 7,033 CiC
I
I 8,887 04
I'
~
1
I,
j
I,
:
i
I
I
t
- 6 -,
-------
$e
1
ESTATE OF WALTER H.BAKER,DECEASED
Distribution
Payments under Paragraph Sixth (f)of Will
First National Bank of Miami as trustee
of the property of Joseph D.Kniseley,
a minor
12/4/70 Cash distribution
representing income earned during
the fiscal year ended 9/30/70 14,815 91
11+------+---1
I 23,702 95
RECEIPTS
Dividends -Stocks
Income received subsequent to Statement ending
September 30,1971
General Motors Corporation
Common
288 shares 12/13/71
j
!,
I,
I
J
J
I
I,
I
!:
I
I
I
I
,,
I•Ii I·247 on
It,·I
I3,480 co
j
II
166 ·00
1
I
!
I
244 SO,
i,
•
t,
;
SCHEDULE B
-PERSONALTYINCOME
Duquesne Light Company
Common
200 shares 11/15/71 -1/4/72
Cyclops Corporation
Common
13;920 shares 12/31/71
American Telephone and Telegraph Company
Capital
190 shares 10/1/71 -1/4/72
$13,517.08 being amount awarded by Adjudication
and Decree dated August 28,1970 at No.315 of
1970 and all Income received and Disbursements
made to September 30,1971 (date of last
Quarterly Statement)have been accounted for by
QUarterly Statements rendered Joseph D.Kniseley,
Guardian and the First National Bank of Miami,
Successor Guardian for Joseph Duncan Kniseley,
a minor
- 7 -
ESTATE OF WALTER H BAKER DECEASED.,
Dividends.-Stocks (continued)
Gulf Oil Corporation
Capital
12/9/71590shares 221 25
National Steel Corporation
Capital
12/16/71 187300shares 50
Texaco,Incorporated
Capi tal
12/13/711,344 shares 537 60
The Union National Bar~of Pittsburgh
Capital
468 shares 12/29/71 131 04
5,215 19
Interest -Bonds
.United States of America Treasury Notes 5 3/8%
$40,000 5/15/71 -11/15/71 1,075 06
Interest -Note
General Motors Acceptance Corporation
Interest Distribution
$40,000 to 12/29/71 235 98
6,526 23
DIS BUR S E MEN T S
Administrative Expense
1 9 7 2
Jan.5 The Union National Bank of Pittsburgh
Accountant's compensation 130 52
Distribution
The First National Bank of Miami as Trustee
of the property of Joseph Duncan Kniseley,a
minor
Account Net Income to 12/31/71 6,041 69
-6'1721~
I
l - 8 -
I
'H'i
ESTATE OF WALTER H BAKER DECEASED.,---------._._-
EXHIBIT NO.I
Payment on account of Distributive share
Principal -Personalty
Distribution Under Paragraph Sixth (f)of the Will
First National Bank of Miami as Successor
Guardian of ·the prope~ty of
Joseph D.Kniseley,a minor
..Delivered 1/11/71
638 shares Gulf Oil Corporation
Capi tal Stock 21,079 17
~
/
l - 9 -
COMMONWEALTH OF PENNSYLVANIA :
COUNTY OF ALLEGHENY •.ss:
WILLIAM G.STEWART,Successor Individual Trustee,and J.OONALD PATTON"Senior
Vice President of THE UNION NATIONAL BANK OF PITTSBURGH,the above named Accountants,
being duly sworn according to law depose and say that the disbursements shom in the
account have been made to the parties entitled thereto and that the account as stated
is true and correct as they verily believe.
William G.Stewart
Sworn and subscribed before me this I '-f-<l--dtq of 1~'1971.(
eJ~A,~
Notary Public
eLAIR A.NEWTON,NOTARY PUBUC'
PITISBURGH,P,;EGHENY COU[JTY
MX COMMISSION UPIRES FEB.21,1972
REQUEST FOR DISTRIBUTION
Accountants request that distribution be determined by the Court in accordance
'With the Petition for Distribution to be offered in evidence at the audit o:?this account.
William G.Stewart
THE UNION NATIONAL BANK OF PITTS3URGH
By-J~~Senior Vice President
)
"
~lt tqr <trnurt nf QInmmnn Jlru.a nf Ifunqiugtnu QJ:n1Utty
®rpquun'mnnrt 1Bittininn
In the matter of the Audit of Account in
Estate of Walter H.Baker,Deceased
Trust Under Will for Julia V.Weimer
Kniseley,Deceased now for Joseph
315 of 1970No._
DUncan Kniseley
TO THE AUDITLNG JUDGE:/J-/lu jJ 11jJjl
Ente<n .ppn.~fo,Y2d~l!I~adjlk~f}:.::t
.9k t0~.C Sl-0J74;~
N.B.-Counsel shall,by separate paper,present a concise statement of each
claim,with supporting calculation of any interest claimed.Objections
to an account as filed,shall be conc·isely stated in a separate paper.
Council suggesting proper distribution shall file a separate concise state-
ment in that regard.
--
,.,t::[J:
912 APR 14 tHi 10 17
RUSSE LL :,L~RIN0
REGISTEH CF WILLS
WASHlN,nON CO..PA.
_._._..._------
......./
No,3iB:of 1970
In re Audit of Account in Esta:te of
Walter H.Baker,Deceased Trust Under
Will for Julia V.Weimer Kniseley,
Deceas'e,d''no\{for Joseph Duncan
AUDIT
'ta~ripr fnt i\pp~ataur~
/FOR
Qf!2/2(___
. /Attorney
~2
,,"
I'-_.;'.,
Form for GUlL,dian or Trustee
J
'ttitinn jur 1\ubit
1In IDl1l'®rpl1un.a·QIonri of lIusqiugton Olonuty
i .
Estate of W.~~'t.§;r.ff..,..J?~§;r..,p..~g.~.~~.~.9:.
Trust Under Will for Julia V.Weimer
"KnIs'eIey~""Decease;f"now""""'"''''''''''''''''''''''''''''''''''''.
For J..9.§.!il.P.h RJP.:l9.m1 KP.j,§.§.+..~y...
minor-incompetent-life tenant·
Filed at No.......J.,+,.?....;.;........I-\......of 19S1.0.William u.utewa:rt.,Successor Individual
Fiduciary...'J'.r.1J§.:t.§§...!m~...:n~.~....V.:nJ.9.n..N.gt.;i.Qt\§:l...~§,P.k
.of Pittsburgh,Surviving Trustee._v.ng,~.r W.;i.ll :...
Place of record G~er:tc of O~han~I C£UI't Offic~
of appointment..WaShiJ).g!;..OJ.l,....:.Qutn~y..,....l:"enn~y.l:v.atUa
Will
Date of:tmtt . .)()~...Augus.t ~Q"J9.I.I.Q .
If there have been former accounts No.90 Aug.Term 1950 A.A.(Estate of Walter H.Baker,Deceased)
filed in this estate,list:No.263 of 196.3 O.C.(First and Partial Account of the Estate of
.Walter H.Baker,Deceased,Trust f.0.r .Ju;Lia V.'Weimer Kniseley)
No.315 of 1970 (Second and Partial Acc6Uht of the Estate of
.'.Walter H.Baker•.Trust fQr ,J'JY.ia V.Weimer Knisley,now for...Joseph Duncan KtuseleyC.-"':::":'~:;)Reason for fihng thIS account.:_..
Joseph Duncan Kniseley ~ttained age of 21 years on October 9,1971
All persons having any interest,vested or contingent (including claimants),in the fund now before the Court,
with the nature of their·interests are:~G
Joseph Duncan Kniseley,beneficiary of this .Trust presently resides at 1415·)
West Talton Avenue,Deland,Florida 32720
All of said parties have received notice as required by the Court Rules~
The fund now before the Court is subject to the following taxes:.~
NONE
Set forth any legal problems requiring 'adjudication by the Court or difficulties that must be met in distribution:
Paragraph Sixth (e)(4)provided:
o.~."(4)Upon the death of any of my said grandchildren,that portion
of his or her principal share then remaining in trust,together with
any income accrued or accumulated and re~aining undistributed,shall be
divided per st~~es into as many shares .~s there are issue him or her
surviving and each share shall be held ~d administered as a separate trust
until the surviving issue attain the age of twenty-one (21)yea+~
respectively when the principal shall be distributed to tli:em~ll,.~.
A copy of the Will is·attached hereto and marked Exhibit "A"
.~.
."
Balance for distribution per account,Principal $....242"512.97 **.......................................a•••••
~.
Additional debits not shown in account:
(Indicate whether income or principal)
Income $:??.4.!.9.?.........u..······u.u.u
See Additional Receipts and Disbursements Exhibit "B"
Principal
Income
Total "additional debjts
Additional credits not shown in account:
(Indicate whether income or principal)
See Additional Receipts and Disbursements Exhibit "B"
Principal
Income
Total additional credits
0.00
6,963.03
$?~.:.~~.~.??'.............................
43.66
139.26
$......182.92
••••••••••••••••••••••••••••u
Balance for distribution Principal $:?4:?.~.4§2.~}~.
Income $7..,.l7.7.7.9 "...........................
Total $~.?9..7.§4?.~.~9.~.~.
If the balance for distribution is not in cash,list items held in kind with carrying value designated,and if this is
a distribution account,file elections to take in kind for all items so listed:"
An "Election To Take In Kind"signed by Joseph Duncan Kniseley
is attached hereto and marked Exhibit "C".
**It is called to the Courts attention that the Distribution sho"wn on Page 9 of the
Third and Final Account was actually a distribution in kind .in lieu of cash from
income accumulated during the fiscal Federal Income Tax year ended September 30,
1970 to conform with the throw back rules under the Tax Reform Act of 1969 per
receipt attached hereto as E:xhibit "D".
See Additional Receipts and Disbursements Exhibit "B"
"Balance Consists of"
'"1"
•l~.·(:"
".
,,-"I"'"
--~
. I
-~.\....J";;':r ..._-
/
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.~-('
iHUf£1l H
3AKER
OK .
Tev!lsh:lpjJ \'Ia15hingc.C'Il County,Pe:onsylvania,do 1l1?keII publi8h 5.nd c1eclr;re this
as and for IUy LI1.~rt.Will ~l.nd,Test.ament,herehtJ rev(.'king rmd m:lkir..g !lull !llld
!
void 2.ll;)p<ind e..1.1 former 'l'iilif~and t.astaJ1!ents by !tle .qt P..liY time m:.:d{":.
FIR§.l;..,Y.direct my ~xecutors hureina.fter named to ~y aJ.l my jll~t
debts and funeral m.-penssa ,as soon Rfter my neceLse as conveniently i.'1ay be..
done.
SECOND.!..Due to the f~.ct t.hat ·the household g.:>Od5 ar4d furniehings
and other articles of like kind cont!:'ined In the domicile n.hove mentioned
are the property of my daughter,.Ar·lN i!:BAKEH V.EIr.~ER,which were c3.CqU 1[Oed
througi1 i~eritance from relnt.ives or by glft frolll her uother or froll ',Ie,
no dispQsition thereof is ~de herein•
.'!1:illiP:f~lY wd all household gooa~and effscts a:nd other ~rticl-ss
of a 15t:rictly personal use and churactet'\·;hi<.~h may be found in any olher pJ.<.1·:;C
llrlt..J my \l:j fe,vrrL..f.A L.BA.KER,and in ~.dd1t.ion t.heret.o P.nj.automobile,or
auto~:lo·oih's which I may then posseas.,
the sum.of fi'EN THOHS.4ND ($10,OC'J,OO)DOLLARS l\S !1n e3'.pl'se~:i.r.m of my ~ffo';ction
for hi.ill and the app:i:'cci tion of his filial conduct as a member of my h~m8<lh(jld.
and it it:my wish thz.t with this gift he r)urch::tse SOll1e article of a 'stri,ctly
persvn.i.l IloB b.nd Cha!'cH;ter~.....
- 1 ~
EXHIBIT "A"
.ElF-TIlt I direct that any '~'nd all 8st:).te,inheritance,tr8.r:sfer~
or other t,fl.xes of a simiJ.::!.!'n;-.ture found to be due an.d pa~rable upon in-:l
legacYD 0ev2ss3 life estate,mld remainder provided in this Will~or:upon
any ot.her form 'of property whats08'\f'er \';r1ich aight be held to be t.'<1..:3.ble C.S
a part of my estate,shall be pa:\.d,by my Exeeu"Cc)!'s or b:r ny Trilsteeg 'from
•I
the pd,!1cipal of my est:l.tt.lJ)so that Cl.ny ,'~na 8.11,benet'icLries 1.1n0.er i.-he
provisiong of ·t.his Will shall roceive their bequ.est,1.ife est<:<.te,01';rema.:tndel'
m.thout a.ny diminutions in;amount o:r value oeca.sioned by f:mid tH.xes !:.nd
~ithout w~itillg for the terrrJL~ationof ~ny life estate ;~d without ar~y reim-
bux:sement of the life tenants th~r(ro!'o
~AJ~the rest,residue,and remainder of my estate,.real»
personal c:..nd mixed$of whatsoever kind anq,whe:cesoever found,which ~l1lB.y ovm
or to which I may be entitled at t.he t:1.l11e of my death,I give,dev:i.se and
bequeath unto TfIE UNION NATIONA.I.BANK OF PITTSBUB.GH~a corporl~tj.on,F;A'l.d
Em·!RD Lo ['TOCKDALE,of Mt~I,ebanon '!owl.1Sh:tp.t Allegheny Count~r,Penn~ylv&.nia,
and their successors,IN TRUSTs tIm/EVER,for the persons and for the 'usee
and pm.'poses hereinafter set forth,to~witc~·
(a)A ONE~Hiu..F O/2}P~\.RT of my residua.ry estcde,V!h~ch sheJ.l
include m~property ~t 5712 North R~y Road,Mi~mi Beach~Florida~if1then the
saIne Shf-L.ll be ovmed by me,shil11 be set apart as a sepRr..,te trust tine:the
net L"lc:ome therefrom shall be p;,iid in monthly or other convenient payments
unto my wife:WIL:'\1.A 1'0 B.I·"-.i(ER.,duringhel'lifetlme.o j.n addition to such
income p8.!ffient.s,the 'l'rust.eea are authorized to use at any tinE;and from time
to t.ime so much of t.he principal of the,corpus of the t:rust H.S in thel1r
I
discretion lIll;.t~T be deemed <::.dvitl,:>blc or ciesirF'll.€for'hermdntenance,r,vpport.
comfort and welfare,-d..l'ld I direct the Trust.ees to glv.e a lib?rJ.l constructioni
to the needs for which such princ:!.pcl.might be used.
')
r .
.',.i'
f
(b)My said wife,WIL~.1A 1.BAKEF,shall have the right to
occupy the pl~p6rty at 3712 North &~y Road 9 Miami Be~ch,r1Lorida,for so long
j
a.s ahe cho;)ses to remain therein,and the expenses of maint,r;.ining the pr perty
in habitable conditioh;taxes,premiums of flre insul'i:nce,and other ~ike
charges shall be paid by the Trustees from the income received.In the event
she should not wish to continue to reside therein,the Trustees,upon.the
•receipt of her written notit:e of permanent removal therefrom,1ll8,y sel~the'
property to such person o~persons for ouch price and upon such terms and
conditi.ons aB they deem satisfactory.
(c)•Upon th~de8.th of my said wife,iHLM..4.La BAKER~the then
principal theretofore held for hex'use sh~Ll continue to be held IN TRUf:T by
my said Trustees and the net income ther~f~lIl shell be p-.lid in monthly or
other conv~nient payments to her sou,GARRATT LeVAN,during his lifetime andp
upon his death,the priIlcifX'·.l then remaining in the tl'Ust,shRll be div:1.ded
into as many sharel3 asthei-e nre issue of his living at the time of his death
I
vmo shf:~l talee per stirpes,and en ch such '~h81'e shall be'held I:md.adlI'J.nistered
a.s a sepF.r.'Jte trust estate'Ul.'lt.o such sU!"'living iC:l&'Ue respectivel:r d:;min the
age of twenty-oue (21)yea.rs when the princip.:Jl she.ll be,paid to them'free,8.nd
discharged of the trust.Should any of !3Uch issue of the said GAFItA'Ij'LeVJL~
die before attaining the age of twenty-on~(21)years,leeving issue ~o
Erl1rV'ive him,her or them~the !'Share of such on.e or ones 'so dying shill be
divided to and among the la'tter,distrl bt.ltion to be made as they severally
attain the aee of twenty-one (21)years.Should ..my of the surviving issue
years witilout-leaving issue to survive him,her or thein,the Sl1are of such
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one or ones :so dying shall be ,divided equally among the surviving brothers
'.,..,~'
and/or sisterss as the ca Be may be,or the issue of any of them then decalj.sed
and shall be added to a~~become a ~~rt of the trust estates held for them
and the income she.1l be p""id [\.nd the principal diatrlbuted SoS a part tbereofo
(d)Should my s~id wife,rIUv~.LG BJ~EHJ predecease me,then
and in that event I give,denoeal'ld bequeath unto my l!le<.id Trustees a CNE-
and the income shall be pa.id ~nd the principal distributed in the ~r.Jl!le .manner
as above provided for him in Sub-Section (c)of this parC!.graph and tHis
provision shall be in lieu thereof0
(e)The remaining ONE-HALF (1/2)PART of Tty residu:ll"Y est.--cte,
and in the event my scdd wife should predeceA.se me,then L FOUR-FIFTHS.UJ5)
PART of the net.residuary est~teJ I give,devise and bequeath unto my 5uid
Truftees to be held by them IN TRUST aa folloWB:
{.l)An equal mm~·FOURTH (1/4)P~RT thereof shall oe held.
for my C'.aug:1t~r,ANNE BAKER WEIMER,and the net income therefrom shall be
paid unto h~r in monthly or other convenient payments during her lifetime,
and,upon her death,the then principal,t~gether with any income ~cc~led or
accumulated.thereon aM.remaining unpaid to herJ shell be d.ivided in 81ual
shares to and a~ong lUy three grandchildren h8reinqfter n8med and sh:~l be
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added to the tr'Ust estates hereiID:l.fter cret ted for them Er,ld the inco,£le shall
be paid and the priY.lcip8~distributed a.B a part th0reofn
rue to the fl'l ct that CWIple provision for my sai'j de.ughter ha;s been
m,.de b:/otte!"reL tives of he.rs,lncludine !l':.:T!'lother 1:nd r.:yself,i t ~~~S
seemed to ~e Qdvieable to make provision for her herein ~pon the same basis
&6 m~de for my three g~andchildreno
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(2):All equal ONE·~FOUETH (J'/4)PART shall be held in trust
for my granddaughter,AMY-AiiliE m~IM:C1t,jl arid equal ONE-FOUPTH (1/4)PART ~for my
g?anddaughter,JULIA V.~I?jERjI ,~d :>,n equal ONE-FOURTH (l/le.)PART fo!'my
,
grandaon,WALTtR B.\VEI~ERb and during their respective minoriti~~as ~~ch of
the net income as the Trustees in their discretion ~ay deem necess~ry may be
used for their maintenance,support a."ld education.During such mi.nority any,,
)
eXC2as income over and above their reasonable needs m..qy be accumulated !and
invested by the Tlusteea until they shall have respectively attained their
majority,at which time.the entire net income shall be paid unto them.
l
(3)As and when ee.ch of the said gr'cmdchildren sh""ll ha.ve,
,attained the rl.ge of fortY-fiv9 (45)yeaTi3 s 'the Trustees shall distrnut~to
him or her 8.ONE-FOURTH (l!l,,)PAH'l'of the princip'll of theil"-respective share
and a.furthe['ONE-FOURTH (1/loJ;)P,A..RT thereof as R.nd when they shrtll have
,
respectively attained the ageo!fiftY'-five (55)yem's~Thereafter the'income
on the remai::ling portion of their prin,cipal ahare shall be paid to them ~for
life.
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(4)I Upon ,the death of any of my said gr-undchildren,thilt
iJOrtion of his or her principa,.l share then r~Jllaining in tx:ust,together I v;i th
any income l-'CCY,·IlOO or accumulated and remaJ.ning u,."ldistribu:ted,'shall be
divided per stirpes into as many shares as t.here are issue him or her sur~.
viving and each share shall be'held and 8.dminiatered as a sep..'irate tru~,':.wltil
the surviving issue attain the age of tWEll.·ty-one (21):rears respect.ive:!.:;·when
the principal -ahall be dist:t'ibuted to them~t Should any of such surviving
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issue die b3:~ore h~ving attained the vge of twenty-one (21)years J the share
of t:llch one or ones ehCl.ll go per stirpt)s to incre'--lse the abn.res of the other
surviving issue t.hen living,and so 011 from time to time as often a.s a death
occu!'s.
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(5)Shuuld a~ny of my said grandchil~ren die without
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lea',ing iSSU03 to surviv,~him or her or:;if le'1.ving issue to survive,gIl of
such should (Ue before attaining the a.ge of twenty-one (21)ye.''1.rs s the
und·istril:Y.lteol principal of such one or ones shall be divided equally to .fl.nd
among the trust estates of the other tow-Q grandchildren ;·;.nd the issue per
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stirpes of either of them then dece~seaand shall be held,administered,and
distributed in accordance ~ith the provisions hereinbefore m~oe fOT th~.
(f)If at any time Oi~times and from tiule to time the Trustees
in their sola discretion deem it neces~lry or advisable to use any p~rt or
pRrts of the princip.''ll shares herein provided for my wife,my ,-laughter,,and
for my three grn.ndchildren for.their In::J.ihten<·nce,support,educ.;:ttion,comfort
and welfare,the Trustees are herewith Huthorized so t.o do "'nd they shHll give
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a liberal construction to this direction in~arrIDch as their comfort and welf~re
are of primary consideration tome.The income,and prLlcipc.l if found to
'be needed,of the sh!:.re or shares of allY rlinor beneficiaries t<l~ing hereunder
mA.y be expended during their minodty by the Trustees in their discreUon
for the purposes above emunerated,or may be pa.id tmto the parent or parents
h"'.vlng the clWtody of such one or one13 and·wituout the intervention of a
gualdial1 01'refere:we to the Orph:ma'Court hTving jurisc'lictiol1o
(g)During the ,continuance of the truEts herein cre~ted,·the
princip,'1,1 sum or sums of the trust funds ~md the income thereof sh~lllnot be
subject to or li·?ble for any contr·.cts,debts,engagements,liflbilities or
torts of the ·:leneficiari.ea reapectively nolY or h-.:lreafter Jrk1.de,contrQcte~,
incurred or committed,but shall be absolutely free from the same,<'od the
benefici'.!'ies respectively sh~11 h1've no power to sell,Resign or e!1~u.m;';er (1.11
or any part of the principal sum or ~vms of the trust funds or their inteTe~ts
therein respecthrelJ!'or the income tbsreof,ai'to A.nticip":<t€said income ~
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SEVEN1'll:I llomin'J.te;constitute and appoint EDWAiRD Lo S'lDCKDALE,of
Mt.L€b"::1.non 'l'otmfihip,Allegheny Coun:tyJI Pennsylvanias 2.11d 'l'3E UNION NATI)I~JLL
BANK OF PITTSBURGH,a corporation,and their successors,to be the Executors
of this my Last Will and Testament and to be the Tr~stees hereunder,and I
giv.e to my Ex~outors in the settlement of Illy estate rmd to nj~Trustees after
my este.l.te ha.s been settled,the following powers a.ny or all of whi.ch may be
exercised as Executors or as Trustees if found to be necesscry or advisable:-
.(1)To take over and retain unconverted eo long ~s they a~y see
Ifiteachandeveryitemofre::..l and personal pl'OpeTty of which I IDa.y be '
possessed wittout liability for deprec:i_ation in the value thereof"p.nd in.
their discretion to sell or otherwise dispose of all or any of the ~me,01'
any securities or property into which they me.y be converted as hereinHfter
provided at public or privat.e ~es to Buch person or persons for f-11ch pr~ce
or prices and -~pon &11ch terms and condltlons as they shnll deem proper.In"cs.'·e of any sale or other dioposition,or a:ny liquidEtion of any seC'tlri ties
,
or property ,·t a.ny time held hersundeT,the Trt).stees shall from time to t:"me
invest and reinvest the proceeds in such ftocks,l~nds,notes,mort~~ges or
other securities £l.6 they shall deem to be 8:-,fe and ;,ise inveetments,nnd t:hey
shall not be ccnfined nor restricted to such investments as h&ve been ~~de
legal for fiduciaTies under the l~ws of the Co~~onwealth of PerL~sylv~nia.
For the gu.idance of my Trustees in the management of this trust
estc>.te,I here'lath express the desire thHt not more them a ONE~FIFTII O./S)
PART of my interest in the UNITh'RSAL···CYCI.OPS STEEL COHPOILATIJi-l as represented
by the COJl.u·lon c-apiv.,1 ;;;tOCi,hdC'bL~reunder be sold solely for the ::ur'Y,JEe of
diverdfic tj.on of investments o AS ~.nd when it might seem ::-dvis~1ble,~esi:::'able
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or neeessa~j to my Tritstees to sell any part or all of the rem~ining FOJR-
FIFTHS {4/5}PART of the common capit3,l st.ock of the sl'iid Univer~l'd~Cyctops
Steel Corpor;'.tion~it is my ";esire that,8uch propossd sn.le or sales'sh..a.11
.first be disrnls~edwtth my wife,WIL~\19 BAKER,if she survives me;8nd with
my oaughter,ANNE.BAr.~R WEII~E,R,and their written consent the:reto obtabled.
The Trustees are authorized ffild empowered At any time or from time
.to time in their sole discretion for any ~lr~ose to borl~~money and for
th~<.t purpose to pledge or mortgage any of the assets or prope:rty then
conatituth'lg the fund and to execute pnd deli.v·er any e..nd I'll notes,bonds,
obligations~mortgngesg ,assignments,e;nd other instruments and to perform all
a.cts necessaryJ proper or convenient.i.1IJ.con.nection therewit.~p any and 311
such :bana,pledges and mortgages to be made in t.he sole discretion of.lly
Trustees and for such amounts and upon such term~as they shall deem proper.,
,(2)No purch.'lser of any secul'i.ties or property (j,t any time
sold or otherwise disposed of by my Trustees shall be Ul1der any reBpo~sibility
or liability to see to the applicati0i1 of any li:1CO!TIe or principa.l distributed
by them to any person elltitled to recei"e the same u.Tlder the provisions of
this Willo In connection with the sale or transfer of any securities or
property made under the provisions he?eof3 llly Trurtess are hereby·~uthorized
to execute and deliver all such revocable and irxevocable powers of :'-i-torney,
bills of 69.1e,<'.8sign::lentes deeds,conveyances and such other instnim~ts as
may be necass::,ry or proper i.n p.sk.i.ng such sale 01'transfers.The certific-<.djes
for :tll shares of stock tmd the title to all .:.'ei:Jl eat:-:tte w!:ich fr-om time to
.time mPy te held by the Trustees hereunder l:l<'.y be transferred of record into
the n~~mes of my 'frustees ~s tl"US tees heremlder~or may be tr;.,nsferrd ir:to the
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name of the nominee of the coi:-por~te fiducl".ry nuthorized by i t.a·BORro -of
Director's to ,l at in c>uch c!-i.paci ty.The voting powe:{'u?on all SfJares o:~stock
or other se·:mrlties at any time held by m:r Trust.ees hereunde?shz'.ll be
executed by-my Trustees in person or by,proxy.If my TTu~tees shp~l ,::t an;~r
time hold or purchase tonGs at v.price in excess of pO.r~they sh;)J.l not be
required,except at their option,to a.mortize tha.t P'll"t of the purcht~se price
in excess of par,but all int~rest received on sa:td bonds may be tre~ted and
paid out f:l.S income,or at the option of my'T:rustees any::i.ncome in their h"l.nds
may be used at the time of purchase to apply a~linst ti1at part of the cost
of said b:mds which is:in excess ,of pA.r.
0),'The 'trustees shall have power to hold p.nd 11l!1.11R.ge any such
real eskte,make repaira and improvements ~nd make lC:lsES thereof to such
tenants for such period and UPOri su(.~h terms ~,6 my Tl:ustees in their discretion
may determ~ne,8nd no le&ssby my Trustees for.a term of five years aT less
shall be terminated by reason of the ter'llliM.tion of the trust befc~e the
expir~tion of the term of the lease,but,in spite of the termin~tion of the
trust,suc:"l leae:e shall remain ill f'.111 fo!'ce and effect during the term
thereof.\1y Trustee~she.ll l}!!!''repower to receive and collect rents;i.nt~rest
and other income of said real estate or other -srust prop~rtY1 using ~~ch
legRl proceedings as they may deem necessp..ry for the purpose'.[lnd they shall
'ihavepowera.t any ti!ne to sell,convey aud transfer any :>1:'all reA.I est-,te
and other property which they may hold us Trusteas,conve;ling and tra."1sferring
the fia;ne by deed .or other instrument in iiriting in such form and with such
cove,'lants as my Trustees may 0.eem best,without the consent of Rny cc:Urt and
'lili.thout J.:j'1bility on the part or-f'.ny purchi1ser to see 1".0 the F;:>plic:'\td.on of
the purchRse money.
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The Trustees:are uuthorized and empowered to 'e:nte:~~into,consent to) !
or oppose any corpora·t,e I·eorganizationa,me:rgers,consolid;,ttiona,dissolutions
R1ld liqu~dation6 of any corpol'~rtion8 ~ihoae stocks or other secuL'ities s!l.."'.ll
at any time be held bY them as part of the trust under the provisions hereof.
and to make,consent to or oppose other adjust-ments of and chC'.nges in the
capital funds 01'p1'operty cOl1stituting the tr'J.st prope1·ty;they JilHy exercif:l~
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any ~nd all rights of subscription with respect to any ptocka~bonds CT other
.Becurities included in the trust.
~4)The Trustees in m~king any distribution of pTinci~ll o~the
trust fund may make the said distribution in money or in kind or p:~,rt::.y in
monny Hnd :?~.rtly in kind0
EIGHTH:In t.he e'!ent 'the said EDV,AP.D J..~STOCKDALE should predece:·!S~
me or,surviving me,be unf.o,ble to qU1.l.1ify as Co-Exec;utor and CO-Tl--ust8e
here:under '~ue to illnesG,acc.i.dent 01':incapacity to act for any reason
whatsver,':>1',having qUfllified.be unable to perform the.duties h6rewith
imposed,then :md in the.t event my said Wife,WILi,iA t"BAKER.if she survives
me.and iny said daughtsrl)iwr~E BAKE;R WEIMER~s..iJ.all h 've the right to niime
such individual as his successor as may be 5'J.itable to the corpor;/.te ,
fiduci;:.ry herein ufimed or its t':>"I.1CCeSfor ir~office.In the event my s~id
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daug~lter should pI"edece-<,se IDJt-e::l.id tiife or .upon the death of my said ,J.uaghter
if she is the survivor pf them51 then 8.majority ill intsreet of her iesus
who ;l:re then sui jurh ms.y at 2.ny time or from time t.o time upon filing
their re(;u-est or electioi in writing ch'mge either or both the in,-lividual
and the corporate trustee then in office.In the event of fTiilure of the
benefiei"ries to nOl.nilH·,te\a 511CCeG~Or :'~nd 'vidu:.l.l t,ruf·t,e~in !tc~orrl"1.nc'E!with
the above provisio;'ls,then the COrpor."l.te trustee or itssucce::.so:t'sh",J.l 8I.ct
as thOUgh solely n~med herelxoder.Any successor corporute trustee rrRmed
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hereU11d.e'i~6bi?l.11 be a 'Lru~t company 01'H nlltional bn.nk aut.hol'i:lIed to do :'l'ust.
business,whet.her locl'i.ted.in P,emwylvania.OJ:"elsewhere,and shall h~~Ye ~
capital of not less than ~l,OOO.sOOOoO\?and a surplus of not less thfl.l'A
$500f'OOOoOO.In the event that liny change of Truf'tee OT Trustees is maae at
any time herein provided.,the .Trustees whose service,s ~.re discontir:.i.led E:hall
effectually transfer or deliver over to their succeSforar ,successors all the
Pl'Ofi:lrty held in the trust estate a.'1d armll file an accounting of the 00-
ministratiorl of the trtlst in a court of Rppropriate juri.sdiction.
liINTH~No bond or other ~ecurity shall be required of the individual
namecl as ~(ecutor and as Tructee hereunder nor any successor to him se:ected
in at:cordc:n:e with the above provisiona,E'.nd th~Trustees,both indivi(l.U8~
and corporate,or any substituted Trustee or.Trustees,sY1R.ll h·,:.ve t.he right
I
to resign upon giving niilety (90)days!wrltten notice of such intenti~n to
all the beneficbries taking under the provisions of this Will whether.minora
or ac:ults.
TEN'rn.!.All the foregoing prov'isions n'ith respect to the Trt:stees shall
apply whether one or more t~uste$sh~..J.1 bs acting,regardless of '?\l!Jetl'"!el't.he
langnagc herein contalned shs.ll be apPl"Op1"iata to a trustee stnguh.r in..number
or tl'Usteea plural in number"nnd all such provisions shall illUre to -:.he benefit
not only of the Tru~tee~hereln named,rot also t.o ull successo:t'!;:i in said
office.'1
IN WlTi~ESS 'ffi{:':HEOF~I~WALTER H.BAKER,have to this flY'Le.st Will
and ~'ol3t.al1ient set my hand {.\nd seal this ~da.y of .,_._Au.gggL.-:...-;
A.D.,19..:::;;L;;.,6_
_~[ALTEl\H.~AKER
Signed,sealed,~~bliahed and.declared by the above named testator,
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WAr/fER Ho BAK:\!1t,as and for'!;lis L$st Will and Testament,in the prese;:ce of U6~
who"8 t his request,in hit;presence tUld in the presence of e8.ch othel',h.a\Te
hereunto subscribed our rlam.e~as m.t.ueases thereto.
Address:621 Chlliill!..t,::..._..::S:;..:t;,.:..__
Bridgeilllli..E~__.__~_
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_~RACJ...~.;;,;;.n;;;;;T=Z ~......._
AddTess:611+:Ba:nk Street
,_--=B;.::rig.Z!Lvil1e,J.Pa.
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IN THE OOURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSILVANIA.
ORPHANS'COURT mVISION :
.NO.315 OF 1970 ·
~ALTER H.BAKER,DECEASED
ADmTIONAL RECEIPl'S AND mSBURSEMENTS
,TO THE
THIRD AND FINAL ACOOlmT
OF
WILLIAM G.STEWART
SUCCEssOR·INDIVIDUAL TRUSTEE
AND
THE UNION NATIONAL BANK.OF PITTSBURGH
SURVIVING TRUSTEE UNDER THE WILL
TRUST FUR
JULIA W.KNISELEY,DECEASED
NOW
.(JOSEPH·IXJNCAN KNISELEY A MINOR
UNDER PARAGRAPH SIXTH (E)(4~OF THE WILL)
..March 17,1972
;
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SUMMARY I
SCHEmLE A .,.
PRINCIPAL -PERSoNALTY ,.
I~Receipts Page 3 367,215 92.j I
.Disbursements Pa.ge .3 23,746 61 t
I
BALANCE 343,469 31..
,
SCHEmLE B ..l
INCOME -PERSONALTY 1
Receipts Pages 3 - 4 13,489 26 ~I
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Disbursements Page 4..6,311 47 i
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IBALANCEi7,177 79•
f
NET BALANCE ·350,647 10
,.· .
,The Balance Consists of"the Following:-I
..,
Principal -PersoDaltvr
Stocks
.American Telephone and Telegraph ~.,
190 shares Capital 5,641 50 l
Cyclops Corporation
13,920 shares.Common 91,805 65
.,DuqUesne Light ComPaD;y:
200.shares·Common 3,783 75
'.
Exhibit "B"
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WALTER-H.BAKER,DECEASED
,,
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Stoaks (continued),I
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General Motors Corporation ;
,,
288 shares Common 2,959 38 1
Gulf'Oil ,Corporation I
590 shares Capital 19,493 28 ','
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l
National Steel Corporation :I300sharesCapital,3,724 43 ",
Texaco,IIncorporatedI
,1,344 shares Capital 7,499 Pt7 I
i I
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The Union National Bank ot Pittsburgh
,
I
468 shares ,Capital,5,509 82 ,
,140,417 68,,
Notes ,
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United states ot AJDerica ~a8U17 Notes 7 1/2$
$148,000 dated 10/1/69 due 8/15/76 '150,572 25
General Motors Acceptance Corporation ',
$31,000 Demand 'Notes 'i(To be treated as cash tor purpose of distribution)31,000 00 I
";181,572 25
,
Distribution
(See Exhibit No.I ,page 9 '6t~,the Third and Final r
J
AccC?unt).21,079 171,
Cash on hand I 400 21
I
343,469 31 ,
I Income,-,Personalty
.'~~,Caflh on hand 7,177 79
,.
350,647 10
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WALTER·H.BAKER,DECEASED I!
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SCHEOOLE A I,
PRINCIPAL PERSONALTY
,-1
RECEIPTS '.I
!
Receipts in accordance with the Third and Final
Account filed ,367,215 92
;
,,.
DISBURSEMENTS ;
!I
Disbursements in accordance with the Third and Final I
Account filed 23,702 95
AdDrl.n1strative Expenses
I
1 9 7 2
Jan.18 Internal Revenue Service
Fiduciary Income Tax for fiscal year end1Dg 9/30/71 20 66
.Jan.25'·Clerk of Orphanst Court of Washington County,
Penn.8Y1vania ICostoffiling.Third and F1nal Account -23 00 :
43 66,
23,746 61
SCHEOOLE B
INCOME -PERSONALTY
RECEIPTS
Receipts:±n accordance with·the Third and Final
Account filed 6,526 23
D1vidends -Stocks j
I
~neral Motors Corporation
Common
288 shares 3/10/72 244 80
Gulf Oil Corporation
Capital
590 shares 3/9/72 221 25
National Steel CorPoration I
Capital ..
300 shares 3/15/72 ·187 50
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WALTER H.BAKER,DECEASED
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Dividends -stocks (continued)tI
'.,
fTexaco,Incorporated lCapital',I
1,3M.shares 3/10/72'557 76 ''II,
1,211 31
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Interest -Notes I I
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United states of America TreasUl7 Notes 7 1/2%I I
($148,000 11/15/71 ~2/15/72 5,550 00 ,
I
General Motors ,Acceptance Corporation !,•,'Demand Note ,
Interest Distribution'..
$31,000 1/31/72 -2/29/72 201 72,·
I 5,751 72
I 13,489 26 ,
'.
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i IDISBURSEMENTS;
"I
Disbursements in accordance witil the Third and Final ,
Account filed ,6,172 21
"Administrative Expense ,,
I1,972
March 11 The Union National·BanJc of Pittsburgh ,,·-,Accountant's compensation 139 26I
i.6,311I 47
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•.~-•••..•·-..wro -·•~I/••-----------'-.=.=--~..-p-__:_o---
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1~:::'-0 J')so~h £;~~1c~m 1\ni801ey
lL:l~5 ~··~csti :I·ult.o~1 1!."'~'0:!:lU0
I.'01~.nd;'l"la:::'ida 3?.r/20
J'a:cuary 26 'lc;72,,..
,":
"
~'JG erG enclosil1.g Do copy of each ~of the acco'Un"Cs of ..·\ia:...ter
·lI ...I-:'s}:er for 'T:..o'\...·'\1 b~n~-rit,","h"~r'l"h ~~;~')~a 4·"ilc,··~by~~·,ril'..jam.Go S';'e~~~·:",·'--:'\~d this_II ~\oJ ......._~~•oJ"",J.._\Ju,.tll _.....-1,\.U ~",-_"~
02..;.'":l:ac 'fl"'ustee Under ..4.g1~ec~ent ~t,Gd JUlle 183 1945 6ncl 'll:rust,GS UnQGr the
~~'ilL Tnz;sG 5.CCOU-:.'1ts ~'!e:!:'e filed on Jallu~~l'Y ;'21~1972 1..1 'the Court cf CC~"!l'\on'
:::'102.3 of 'U2.chiJ.'l.gton County,Pi;;.T.:nsylvi9,nia fJ.·c :N'os..314 of 1970,315 of 1970
2r.C 905 of 1970 respectively~~1d will COlliS before the Court for audit en
~:l:.e .:n,.1di-:List,uhicli.corr£;.:=ncas the "d<3<:lk of'l:1arcb.20g 1972.Pet:i,.tions :0....
Dist~ibution ~r.l;be p~Gscnted at the audit4
Bill you kindly ackno~ledger~c0iptof these accounts}
:::.otice of their fil:L.-1g and subsequent cill fo'!'audit by signing and rG:'uruigg
to us the 0llclosed copy of this letter..j"
,Very JFuly yours,..c::L'~(.',1 /J./?(/7 /~(h~(;:',/.,7..."':-,
,(f..(V~~II',
~-?"_r,\
J"Donald ratton'
Senior vice President".,
-\gT
DATED_'_,:+"()":';:":.:.,"'.!..'_"",,~~l:...\_s:=,1972.
\,
, I ACKNOWLEDGE RECEIPT OF THE A30VE-MENT'IONED
',:c ACCOlJNTS,NOTICE OF THEm FILTI~G AND SV"'oSEQUENT
,CALL FOR AUDIT.
\~I '\'/'..f!.1\(k\JI,:,b ~cJ "-'\'\(",,'1\\.'~'\'\))y':"!,
....
RECE1Vl::D FE8 3
COpy
','
,~-------'--'------,------.--.----'-------::--'1 --
/
IN THE COURT OF COMMON PLEllS OF WASHINGTON COUNTY,PENNSYLVAKIA
ORPHANS'COURT DIVISION
IN RE ESTATE OF
WALTER H.BAKER
FOR JULIA W.KNISELEY
NOW FOR JOSEPH DUNCllN
KNISELEY UNDER PARAGRAPH
SIXTH (E)(4)OF THE WILL
TRUST NO.2992
..o.
..
NO.315 OF 1970
:EL.ECTION TO TAKE IN KIND
I,JOSEPH DUNCAN KNISELEY,do hereby elect and agree to take ''In Kind"
from William G.Stewart,Successor Individual Trustee and The Union National
Bank of Pittsburgh Surviving Trustee Under Will the following:
Stocks
American Telephone and Telegraph Company
190 shares Capital
Cyclops Corporation
13,920 shares Conrrnon
Duquesne Light Company
200 shares Conrrnon
General MOtors Corporation
288 shares Conrrnon
Gulf Oil Corporation
590 shares Capital
National Steel Corporation
300 shares Capital
Texaco,Incorporated
1,344 shares Capital
The Union National Bank of Pittsburgh
468 shares Capital .
United States of America Treasury Notes 7 1/2%
$148,000 dated 10/1/69 due 8/15/76
5,641.50
91,805.65
3,783.75
2,959.38
19,493.28
3,724.43
7,499.87
5,509.82
140,417.68
150,572•25
290,989.93
IN WITNESS WHEREOF,I have hereunto set my hand and seal this_..;;l.u_1tI
1
day of--il1JlJ..,1972.
'WITNESS:
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLyANIA
ORPHANS'COURT DIVISION
IN RE ESTATE OF
WALTER H.BAKER,DECEASED
(TRUST FOR JULIA W..KNISEI:EY
DECEASED NOW FOR THE BENEFIT
OF JOSEPH DUNCAN KNISELEY UNDER
PARAGRAPH SIXTH (E)(4)OF THE
WILL
RECEIPT
NO.315 OF 1970
FIRST NATIONAL BANK OF MIAMI,as Successor Guardian of the
property of Joseph Duncan Kniseley,A Minor,does hereby acknowledge to have,..
received from WILLIAM G.STEWART and THE UNION NATIONAL BANK OF :PITTSBURGH,
Trustees,a distribution in kind in lieu of cash from income accumulated
during the fiscal Federal Income Tax year ended September 30,1970 to conform
with the throwback rules under the Tax Reform Act of 1969.
Delivered 1/11/71
638 shares Gulf Oil Corporation
Capital Stock $21,079.17,
I
i
IN WITNESS WHEREOF,the First National Bank of Mi~,Successor
Guardian,has properly signed this Receipt this,__---.,;s:;.;e:.,.v;..;e:;.:n:;.:t.::h_-i-_
day of M_a_r_c_h ,197,2.
FIRST NATIONAL BANK OF MIAJ.1I
ATTEST:
EXHIBIT "D"
/.
II II
b
..
Set forth accountants suggestion as to manner and form of distribution to be made awards to be stated in pro-
portions unless specific amounts or items.are designated by instrument under which e~tate is )eing distributed:
In accordance with Paragraph Sixth (e)(4)of the Will,if Your Honorable Court concurs,
the balance for distribut~on is to be decreed to Joseph Duncan Kniseley.Your Petitioners
suggests that the $3l,OOO~GeneralMotors Acceptance Corporation Demand :Notes be treated as
a cash item as a sale will be made at the time of distribution..
Joseph Duncan Kniseley,party in interest,is not in the Military Services of the
United States of America.
WHEREFORE,your Petitioners pray that Your Honorable Court confirm the account as filed
and award the Balance for Distribution,both sec~ities and cash comprised of principal
and income cash on hand to Joseph Duncan Kniseley.
And your petitioner will
ever pray,et:::.
William G.Stewart
&/~cessor Individual Trustee
OffJ-ce ExPires liNtEl IttiU WI II.IUWWfO~J '
~.....
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(I:'
,.
...
'elitinn ~ur i\ullit
IN THE
ORPI-IANS'COURT
OF WASHINGTON COUNTY
FORM USED FOR GUARDIAN-INCOMPETENTS
-OR TRUSTEES
,N0 3..15 of 1~.7.Q..
ESTATE OF w.~J.t-.§F ~..~.....!?§:;ls;~r..J....p§.9..~.9:.e..~9:.
f.);:.~;?,.~...f.9.r.J..~±t.9:....Y.~W.§j..m§;r.....K.~.§.~J...~y.".....Deceased
Now FOR J.Qs.e.;tth Doo.c.fl.n Ktlis.e.ley ..
••~·=:~·i~·~~::::.·i~..
William G.Stewart,Successor
~.!.?:9:t..y..t.9:~Sl:J....::r.:r.!::l:~.:t~.§.'-.....Sl:p.9:....rh.~....v.~.9..~
National Bank of Pittsburgh
Surviving Trustee under the Will
of Walter H.Baker,Deceased Trust for
,.
Julia V.Weimer Kniseley,Deceased,now
for Joseph Dw:tean Kniseley,A :MinorCounselfortheaccountantshallsubmitlierewiththefollowing,if pertinent:
1.Will or trust instrument-attested.
2.Inventory.
S.Signed elections of items to be taken in kind-
if distribution account.
4.Stipulation or certificate by minor approving
account.
5.Praecipe for those represented.
6.Brief-for any question of law raised.
Rex Rowland,Esquire
...~~.8.B.~.8Ii~e;.~~i[I~~g ....~~.~.~.~.~.~~.~.....~~==.and Buerger
Pittsburgh,Pa.l52~~sel for accountant.
~"'''~r.il
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I
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNA.
ORPHANS I COURT DIVJSION
j
INRE:
Estate of
WALTER H.BAKER,
Deceased.
(
)
(
)
(
)
(
No.315 of 1970
hex Rowland.Mr.Rowland?
Baker.deceased.The Successor Trustee is William G.Stewart
and Union National Bank of Pittsburgh.and the attorney is Mr.
1
If
I
)r..
e
":2c,
>(J
:2:21.1a
~"BEFORE:..c:2
:r,
(Jc'
3'..
L APPEARANCES:a..
1.Ic:.
•TIME:r.CI
Uc~c~THE COURT:
DI:
l-I::l
I)
I)
~~c
i:LC
Mh.ROWLAND:
HEARING ON AUDIT
The Honorable P.VINCENT MARINO,Judge of the
said Court.
REX ROWLAND,Esq.,of Pittsburgh_Penna .•
representing the Accountant.
Monday,March 20,1972,at 1:30 P.M.,EST
Number 315 of 1970.the estate of Walter H.
If the Court pleas e.I wish to pres ent the Petiti n
Sur Audit in this matter.This Petition and account is filed by
reason of the fact that Joseph Duncan Kniseley reached the age of
21 years on October 9,1971.Attached to the Petition I have what
I consider the necessary papers and there are no complications a
there are no claims outstanding that we are aware of.
2
I-
Ii
..
2c
~>-III....
Ut.
I)..o..
HE COURT:
estate?
HE COURT:
the Court.
Is there anyone else in Court interested in this
(NO RESPONSE)
The audit of this account is orciered closed by
( AUDIT CLOSED)
iii.~I hereby certify that the proceedings and evidence..a:o~are contained fully and accurately in the notes taken by me on the hear ing
a:..a:g of the above cause,and that this copy is a correct transcript of the same.
o..<I:Uii:...o
The foregoing record of the proceedings upon the
hearing of the above cause is hereby approved and.direc~ed to be filed.
J
ESTATE OF
Qrnurt nf Qrnmmnu 'lrUll nf mu.aqingtnu Qrnuuty.
Jrnusylnuuiu.(@rpqnu.a'Qrnurt ilini.ainu
315 of 1970No._~-=---__--:-_
Walter H.Baker,deceased for
Julia W.Knieeley now for
Joseph Duncan Kniseley
In the motter of the~_'----.IF.:...iLJ.DJ.J:8u1L--_
Account of William G.Stewart,Succ Tr.&
Union Ntl.Bk.of Pgb,Surv.Tr.
ADJUDICATION AND DECREE
And now April /3 ,19 72 ,this motter came on for hearing,
audit and distribution at this session and testimony taken;and thereupon,upon due consideration
thereof the balance for distribution in -the hands of the Accountant is determined to be
$3.50 ,6',7,10 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 mode a port hereof,unless exceptions hereto be filed
sec.reg.or on appeal be token herefrom sec.leg.
SCHEDULE OF DISTRIBUTION
Balance per account _
Additional debit asked at audit
Additional credit asked at audit
Balance _
Deduct Clerk's Costs &Receipts..s _
Afltorney Rex Rowland for BuchAnan Ingersoll
Rodewald Kyle &Buerger
Joseph 1~c8n Kniseley,balance including cash
and the followingassets,held in'kind and dis-
tributed as such at the vaue as shC101 n,per
election filed:-
l82.9~
201.00
$343,866.99
$350,830,,02
$350.647.10
Income Cash
Principal Personalty
$7177ti7lJ 7177.79
15°572.25 343268.11 No balance
3724.43
7499.87
5509.82
190 shs,Captial American Telephone &
Telegraph Co.stock 5641~50
13920 ehs.com.stock of Cyclops Corp,91805.65
200 ahs,com.stock of Duquesne Light
Co.3783.75
288 shs.com.stock of General Motors
Corp.2959.38
590 shs.Capital stock of pulf Oil Corp 19493.28
300 she.Capite.1 stock of Nationa.1
Steel Corp.
1344 shs,Capital stock of Texaco Inc.
468 sha.The Union Ntl.Bank of Pitts-
burgh CApital stock
United States of America Treasury Notes
77!~/$148,000 dated 10/1/69 due
8 15 76
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Form OC Div.91
1Jn t~r .attrr of t~r fstatr of
Walter H.Baker,Deceased fo
Julia W.Kniseley now for
Joseph Duncan Kniseley
DEOEASED
lin 1Qt (@rpQuna'Qtourt minision of lQt
Otourl of Q!ommon 'ltus of ~l1tgQtny
<1tounty Jtnnuylnuniu
No ..,....--_.L..31=..:5~_of 197-,--=0:...-..:..._i
J
I(now .All mrn my W4rsr'rrsents,that I,Joseph Duncan iKniseley
do hereby acknowledge to have received from The Union National Bank of Pittsburgh
Trustee the sum cf
THUS'1'EE ~)
Securities having a value of $290,989.93
Income Cash 7,177.79 ($:.Dollars
Principal Cash 31,199.21
and Advance Distribution 21,079.17 350,446.10
in full of the amount awarded me under the decree of the Orphans'Court Division of the Court
Washington
of Common Pleas of ~County,Pennsylvania,entered at the above number.
And I do further authorize and direct the Clerk of the Orphans'Court Pivision to
enter a receipt on the Audit Docket in my name,place and stead.
Witness my hand and seal this e i g h tc!Ja y of M--..:a.:....yL...,19 72 .
Witness~~~
~
NO.315 of 19-.2Q
-------,
AUDIT VOL._
i&tttipt
ESTATE OF
PAGE,_'__
,
\.:'
Walter H.Baker,Deceased
Julia W.Kniseley now for
Joseph Duncan Kn1seleYDEcJIlAsJIlD
Filed
Fee
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Attorney _
Address