HomeMy WebLinkAboutOC1970-0317 - ESTATE OF BAKER,~
ESTATE OF
WALTER H.BAKER,DECEASED
FIRST AND PARTIAL ACCOUNT
OF
THE UNION NATIONAL BANK
OF PITTSBURGH
SURVDlING TRUSTEE UNDER THE WILL
TRUST FOR AMY ANNE W.RITTER
-rN~HE-CDURT-OF COMMON PLEAS
OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
NO."3 J7 -tJ./I d/7 iJ/-/'0)
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BALANCE DUE -$204,162.80
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Rex Rowland,Esquire
Buchanan,Ingersoll,Rodewald,
Kyle &Buerger
1800 Oliver Building
Pittsburgh,Pennsylvania 15222
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•'.>.'..-1718
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I'December 31,1~69
(Date of Death of
Edward L.Stockdale
Cc-Truste~N~vember
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUN'rY,PENNSYLVANIA
ORPHANS'COURT DIVISION .;'
NO.j I 7w l'~7 O'.'
ESTATE OF WALTER H.BAKER,DECEASED
FIRST AND PARTIAL ACCOUNT .
OF
THE UNION NATIONAL BANK OF PITTSBURGH
SURVIVING TRUSTEE UNDER THE WILL
TRUST FOR AMY ANNE W.RITTER
--'-:.
,_.-r--
SUM MA R Y
SCHEDULE A
I .
PRINCIPAL -PERSONALTY
!
I Receipts Pages 3 -19 221,401 21
i
I Disbursements Pages 19 -26 17,238 41;
BALANCE 204,162 80
I SCHEDULE B.
INCOME.-PERSONALTY
Receipts Pages 26 -27 9,888 70
Disbursements Page 28 9~888 70"..
BALANCE 0 00
\\--
I·NET BALANCE 204,162 80
-
~'"Consists of the Fo11owing:-The B(:rance ,
;Principal -Personalty,
Stocks
American Telephone and Telegraph Company
190 shares Capital 5,641 50
Anaconda Company
108 shares Common 1,654 43
Cyclops Corporation.
14,480 shares .Common 95,479 67
Duquesne Light Company ..
200 shares Common >3,783 75
General Motors Corporation
,291 shares Common 3,184 00
;.....
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961 99
5,47533
3,724 43
7,041 58
21,110 44
41,100 00·
ESTATE OF WALTER H.BAKER,DECEASED
United States of America Treasury Notes 7 1/2%
$40,000 dated 10/1/69 due 8/15/76 .
National Steel Corporation
300 shares Capital
Texaco,Incorporated
1,280 shares Capital
United States of America Treasurl Bills
$1,000 dated 11/20/69 due 5121/70
The Union National Bank of Pittsburgh
373.44315 shares Capital
United States of America Treasury Notes'
Series A 1970 5%
$21,000 dated 2/15/66 due 11/15/70
Gulf·Oil Corporation
440 shares Capital
Cash on hand
Bonds
.Stocks (continued)
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140,537 15
63,172 43 I
I45322I
I
I
204,162 180
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ESTATE OF WALTER H•.BAKER,DECEASED
SCHEDULE A
PRINCIPAL PERSONALTY
R E CE I P T S
Edward L.Stockdale and The Union National Bank of
Pittsburgh,Executors of the Estate of
Walter H.Baker,Deceased
Awarded by Decree of Distribution dated
December 18,1950 at No.90 August Term,1950 A.A.
by the Orphans'Court of Washington County,
Pennsylvania
Stocks
Anaconda Copper Mining Company
..54 shares Capital
Bristol-MYers Company
8 shares Common
Chesapeake and Ohio Railway Company
26 shares Common
Citizens National Bank of Washington
26 shares Capital
Columbus Gas System,Incorporated
39 shares Common
Donley Brick Company
5 shares Capital
Dunn -Mar Oil and Gas Company
141 shares Capital
General Motors Corporation
45 shares Common
George Washington Hotel Corporation
6 shares .Common
George Washington Hotel Corporation
1 share 5%Cumulative Preferred
Harbison Walker Refractories Company
13 shares Common
Hudson Bay Mining and Smelting Company,Limited
26 shares Capital
- 3 -
1,863 00
320 00
1,168 38
o 00
424 51
350 00
282 00
2,601 56
15 00
9 OC
280 7~
'.17'"•
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ESTATE OF WALTER H.BAKER,DECEASED
Stocks (continued)
Hudson Motor Car Company·
14 shares·Capital
Life Savers Corporation
4 shares Capital
Montgomery Ward and Company
13 shares Common
National Steel Corporation
150 shares Capital
Pittsburgh,Fort Wayne and Chicago Railway Compa~
13 shares 7%Preferred
Pure Oil Company
9 shares Common
Sterling Drug,Incorporated
20 shares Common
Texas Company
30 shares Capital
The Union National Bank of Pittsburgh
21 shares Capital
United States Steel Corporation
525 shares Common
Universal Cyclops Steel Corporation
6,456 shares Common
Vanadium -Alloys Steel Company
65 shares Capital
Vick Chemical Company
8 shares Capital
Bonds
United States of America Treasury Notes
Series D 1 1/4%
$31,000 dated 6/1/50 due 7/1/51
- 4 -
199 17
127 00
757 25
3,724·43
2,249 00
221.63
798 75
1,799 36
5,733 00
11,659.38
98,655 76
2,600 00
264 50
31,006 62
.,
1718 A
.•:.
ESTATE'OF WALTER H.BAKER,DECEASED
Participation in unpaid balance of $900 Demand
Promissory Note of John B.Bigler dated
December 24,1941 with Interest at 6%
Participation in unpaid balance of $1,967.29
Demand Note of Clarence W.Hildebrand,Josie
H.Hildebrand and Mrs.Walter Sprowls dated
June 2,1930 with Interest at 6%
Participation in unpaid balance of $10,000
Demand Promissory Note of John B.Bigler dated
December 26,1945 with Interest at 2%
(1,000 shares Thompson Hardware Company
Capital Stock held as collateral)
Cash
Additional Assets
1
j,
17'".&
Proceeds sale
Proportionate share of Interest in Coal in
Marshall County,West Virginia
Net·proceeds sale -1/8 'share
Lot 5 Block 1 La Gorce Island ,Miami Beach,
Dade County,Florida to Wilbert Harborn
Edward L.Stockdale and The Union National Bank of
Pittsburgh,Executors of the Estate of
Walter H.Baker,Deceased
Unused portion of funds reserved for Income Tax
1 9 5 ~
Feb.7
1 9 5 3
May 5
1 9 5 6
Apr.11
1 9 6 2
Nov.26 Net proceeds sale -1/4 of 1/2 share
Lot in Crafton Borough,Pennsylvania
Purchase of Assets
Stocks
'A lwninwn Company of America
3.75%Preferred
4/9/52 50 shares at 96 1/2
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4,845.29
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Purchase of Assets
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(continued)
Stocks (continued)
American Telephone and Telegraph Company
Capital
2/14/58 25 shares at 1723/8 4,321.88
2/17/58 5 shares at 172 5/8 868.42
3/21/61 5 shares at 86
(through 90 Rights
received and
exercised and 10 430.00
Rights purchased
4/5/61 21.20
35 shares
Armstrong Cork Company
$3.75 Preferred
4/15/52 50 shares at 98
5,641.50
4,922.64
2,141.85
603.71
899.24
2,323.56
2,311.05
1,066.24
9,345.65
Atlantic Richfield Company 3.75%Preferred
(formerly Atlantic Refin~ng Company)
4/17/52 50 shares at 100'5,018.76
5/15/64 7 shares at 84 596.33
5/20/64 1 share'at 84 3/4 85.60
6/2/66 2 shares at 79 3/4 161.09
6/3/66 7 shares at 79 561.07
~shares 6,422.85
Cyclops Corporation Common
(formerly Universal Cyclops Steel Corporation)
2/5/59 0.08 share 2.92
2/22/60 0.50 share 21.63
2/14/61 0.56 share 19.89
2/16/62 0.26 share 9.10--1.40 shsres 53.54
E.1.duPont deNemours and Company
$3.50 Preferred
2/18/53 22 shares at 97
6/10/54 6 shares at 99 3/4
2/24/56 9 shares at 99
9/24/56 25 shares at 92 1/2
9/28/56 25 shares at 92
9/24/57 13 shares at 81 1/4
100 shares
Duquesne Light Company Common
4/9/58 100 shares at 37 1/2
- 6 -
3,783.75
e',••
ESTATE 'OF WALTER H.BAKER,DECEASED
,."""
Purchase of Assets (continued)
Stocks (continued)
Duquesne Light Company 4%Preferred
11/18/55 80 shares at 52 1/2 4,232.20
,12/6/55 15 shares at 52,3/4 799.21
2/21/56 5 shares at 52 3/8 265.39
100 shares ~;296.80
General Foods :Corporation $3.50 Preferred
4/10/52 50 shares at '96 4,817.80
General Motors yorporation Common
12/7/54 3 shares at 92 1/8 282.44
3/4/55 4 shares at 75
(through 93 Rights
received and 80
Rights exercised \300.00
7 shares 582.44
Gulf Oil Corporation Common
11/17/69 10 shares at 32 7/8 and 333.70
430 shares at 32 3/4 14,218.76
440 shares 14,552.46
Montgomery Ward and Company Common
6/24/53 12 shares at 59 5/8 719.33
6/26/53 5 shares at 59 7/8 302.17
'7/3/53'7 shares at 593/8 419.54
24 shares 1,441.04
Texaco,Incorporated Capital
(formerly Texas Company)
3/16/51 22 shares at 92 1/8 2,036.71
2/1/52 10 shares at 58 1/2 588.19
2/7/52 9 shares at 58 3/4 533.11
11/29/54 25 shares at 84 3/4 2,129.62
'12/14/54 2 shares at 85 172.04
1/27/60 0.88 share 69.68
1/25/61 0.74 share 64.95
,69.62 shares 5,594.30
The Union National Bank of Pittsburgh
Capital
4/7/64'0.99 share 39.60
Vasco Metals Corporation Capital
(formerly Vanadium -Alloys Steel Company)
3/20/63 0.10 share 3.31
- 7 -
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ESTATE OF WALTER H.BAKER,DECEASED
Purchase of Assets (continued)
Bonds
,.~
17"1 A
United States of America Certificates
of Indebtedness Series E 1 7/8%
4/7/52 $11,000 dated 10/15/51
,due 10/1/52
at 100.216108
United States of America Treasury Notes
Series C 3 7/8%
11/15/63 $10,000 dated 11/15/63
due 5/15/65
at 100
United States of America Treasurl.Notes
5/19/66 $11,000 dated 2/15/66
due 11/15/70
at 100.21
United States of America Treasury Notes
7 1/2%
11/13/69 $40,000 dated 10/1/69
due 8/15/76
at 102.75
United States of America Treasury Bills
11/20/69 $1,000 dated 11/20/69
due 5/21/70
Cash disbursed for purchase of the
above assets
Received Through Consolidation
11,023.77
10,000.00
5%
11,107.31
41,100.00
961.99
141,536.04
141,536.04
Received through consolidation with
Commonwealth Bank and Trust Company as
Stockholder of record February 28,1964 of
210 shares The Union National Bank of
Pittsburgh Capital Sto.ck
82.01 shares The Union National
Bank of Pittsburgh
Capital Stock
Received through consolidation with
Peoples Union Bank and Trust Company as
Stockholder of record December 31,1969 of
293 shares The Union National Bank ofPittsburghCapitalStock
80.44315 shares The Union Nation 1
Bank of Pittsburgh
Capital Stock
- 8 -
o 00
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·:,.'.-.;
1718 A
ES~ATE"OF WALTER H.BAKER,DECEASED
Liquidating Distribution of Assets
Citi"zens National Bank of Washington,Pennsylvania
Payments First and Final liquidating
distribution on
I
26 shares Capital Stock
1/3/51 $12.00 per share 312.00
11/11/52 10.00 per share 260.00
I4/19/55 7.00 per share 182.00
12/23/59 8.08 per share 210.08
964.08
Carrying value 0.00
964 08
I
I
Stock Rights Received I
I
Anaconda Company
2/20/57 54 Rights allocated value 0 00
"I
American Telephone and Telegraph Company I
3/13/61 90 Rights allocated value ,
exercised 0.00 I
3/5/64 95 Rights allocated value 0.00 I
0 00
I
Columbia Gas System,Incorporated
12/13/51 39 Rights allocated value 1.78
3/5/54 39 Rights allocated value 5.40
7.18
Carrying value of Common Stock reduced I
to reflect above allocation 7.18
0 OD
General Motors Corporation
3/4/55 93 Rights allo~ated value
80 Rights exercised 0 00
The Union National Bank of Pittsburgh
3/23/54 210 Rights allocated value 297.27
Carrying value of Capital Stock reduced
to reflect above allocation 297.27
0 00
Vanadium -Alloys Steel Company
6/12/57 134 Rights allocated value 0 00
0 00
- 9 -
.:,.17'8 •
I
ESTATE'OF WALTER H.BAKER,DECEASED t --
Gain on Sale of Stock Rights
Anaconda Company
Proceeds sale i3/21/57 54 Rights 128.30 ,
Allocated value 0.00-128 30 I
i,
American Telephone and Telegraph Company'I
Proceeds sale
4/7/64 95 Rights 192.77
Allocated value 0.00.I.
192 77 ,
Columbia Gas System,Incorporated I
Proceeds sale I12/13/51 39 Rights 2.04
5/5/54 39 Rights ,7.92
9.96 I
Allocated value 7.18 .
2 78
General Motors Corporation
Proceeds sale
3/28/55 13 Rights 14.83 ,
Allocated value 0.00
14 83 '
The Union National Bank of Pittsburgh IProceedssale
3/29/54 210 Rights 341.25 I,
Allocated value 297.27 ,
I
43 98
Vanadium -Alloys Steel Company ,,
Proceeds sale'
6/14/57 134 Rights 179.01 ,
Allocated value 0.00 "
179 01,
561 67
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ESTATE OF WALTER H.BAKER,DECEASED
•''''e A
Stock Splits and Stock Dividends
Anaconda Company Common
Received as a Stock Split
6/20/67 2 for 1 on 54 shares held
American Telephone and Telegraph Company
Received as a Stock Split
6/8/59 3 for 1 on 30 shares held
7/6/64 2 for 1 on 95 shares held
54 share~
Capital
60 share~
95 share~
155 share~
o 00
o 00
387.36 ~hares
385.92 ~hares·
397.50 ~hares
409.44 sjhares
421.74 shares
8,457.96 ~hares
Cyclops Corporation Common
(formerly Universal Cyclops Steel Corporation)
Received as a Stock Split
7/18/57 2 for 1 on 6,456 shares held 6,456
Received as a Stock Dividend
1/27/58 3%on 12,912 shares held
1/19/59 3%on 12,864 shares held
1/26/60 3%on 13,250 shares held
1/23/61 3%on 13,648 shares held
1/26/62 3%on 14,058 shares held
1 hares
o 00
Duquesne Light Company Common
Received as a Stock Split
1/26/59 2 for 1 on 100 shares held
General Motors Corporation Common
Received as a Stock Split
1/22/51 2 for 1 on 45 shares held
11/11/55 3 for 1 on 97 shares held
National Steel Corporation Capital
Received as a Stock Split
2/16/62 2 for 1 on 150 shares held
100 sharel
45 sharel
194 sharel
239 sharel
150 sharel
o 00
a 00
o 00
Texaco,Incorporated Capital
Received as a Stock Split
6/15/51 2 for 1 on 52 shares held
6/20/56 2 for 1 on 150 shares held
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 held
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 640 shares held
-11 -
52 sh~res
150 shEl:res
6 sh res
6.12 Shl res
6.26 sh res
320 sh res
32 sh res
640 sh res
1,212.38 sh lires 0 OC
••
1'7'"A
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ESTATE.OF WALTER H.BAKER,DECEASED
Stock Splits and Stock Dividends (continued)
The Union National Bank of Pittsburgh Capital
Received as a Stock Split ..
3/23/54 10 for 1 on 21 shares held 189 shares 0 00
United States Steel Corporation Common
Received as a Stock Split ....
6/3/55 2 for 1 on 525 shares held 525 shares 0 00 ,
Vasco Metals 'Corporation Capital
(formerly Vanadi~-Alloys Steel Company)
Received as a Stock Split
6/4/51 2 for 1 on 65 shares held 65 shalres "
Received as a Stock Dividend .~
3/3/54 1%on 130 shares held 1.30 sha lre .,
6/3/54 1%on 131 shares held -1 shalre
Cash received in lieu of fractional
share --
9/3/54 1%on 132 shares held 1 sha lre -
Cash received in lieu of fractional
.share
12/2/54 1%on 133 shares held 1 sh~''''e
Cash received in lieu of fractional
share
6/3/60 3%on 134 shares held 4 sh~res
3/6/63 5%on 138 shares held 6.90 sh~res
Received as a Stock Split
11/19/65 2 for 1 on 145 shares held·145 sh~res-225.20 shl res 0 00
(Cash received in lieu of fractional ,
shares considered to be Income)
0 00
Gain on Sale of Fractional Shares Received as a
Stock Dividend
1 9 5 4
May 4 Proceeds sale -0.30 share
Vasco Metals Corporation
Capital Stock 6.33
Carrying value 5.94
39
1 9 5 8
,
Feb.5 Proceeds sale -0.36 share
Cy'clops Corporation
Common Stock 8.87
Carrying value 2.67
6 20
6 59
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ESTATE OF WALTER H.BAKER,DECEASED
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1 9 5 1
June 26
1 9 5 J
Dec.7
19 5 6
'Dec.12
1 9 5 9
Aug.14
Surrendered for Exchange
Surrendered
$31,000 United States of America Treasury'Notes
-Series D 1 1/4%
dated 6/1/50 due 7/1/51 '
Carrying value 31,006.62
Received in lieu of above
$31,000 United States of America
Certificates of Indebtedness
Series A 1 7/8%
dated 6/15/51 due 4/1/52 31,038.75
Surrendered
$11,000 United States of America Treasury Notes
Series A -1953 2 1/8%
dated 10/1/52 due 12/1/53
Carrying value 11,005.16
32 13
e-'.'7111 •
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161 '1'19
ESTATE OF WALTER H.BAKER DECEASED,
",
Surrendered for Exchange (continued)
9 6 1
ug.2 Surrendered
$10,000 Vnited States of America
Certificates of Indebtedness
3 1/8%
dated 8/15/60 due 8/1/61
Carrying value 10,000.00
Received in lieu of above
$10,000 United States of America
Treasury Notes Series H-1962
3 1/4%
dated 8/1/61 due 11/15/62 10,029.69 ,
29 69
965
y 20 Surrendered
$10,000 United States of America
Treasury Notes 3 7/8%
dated 11/15/63 due 5/15/65
Carrying value 10,000.00
Received in lieu of above
$10,000 United States of America
Treasury Notes Series A-1966 4%
dated 2/15/62 due 8/15/66
9,996.09
Cash 15.00
10,011.09
11'09
-.
Conversion of Assets Without Gain or Loss
953
y 5 Proceeds satisfaction
$1,967.29 Demand Note of Clarence W.
Hildebrand,Josie H.
Hildebrand and Mrs.Walter
Sprowls dated 6/2/30 109·44
Carrying value 109·44
0 00
Pa~ments in Fullarticipationin unpaid balance of
$900 Demand Promissory Note of
John B.Bigler dated 12/24/41
Interest rate ~Principal payments 1 12/62 to 7/16/63
on unpaid balance 76.03
Interest 12/24/41 -6/26/47 33.00
109.03
Carrying value 109.03
0 00
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ESTATE OF WALTER H.BAKER.DECEASED :
Gain on Sale and Conversion of Assets I
1 9 5 2 IJan.22 Net proceeds sale -13 shares
Harbison Walker Refractories Company
Common Stock at 30 1/2 391.82 I
Carrying value 280.72
III 10 .
Net proceeds sale -4 shares
Life Savers Corporation
Capital Stock at 36,7/8 1.45.28
Carrying value 127.00
18 28 I
Aug.5 Proceeds redemption -1 share
George Washington Hotel Corporation
5%Cumulative Preferred Stock 50.00
Carrying value 9.00
41 .00
1 9 5 3
I
,
Jan.19 Net proceeds sale -26 shares
Hudson Bay Mining a~d Smelting Company,
Limited Capital Stock at 42 1,081.44
Carrying value 971.75
109 69.
June 30 Net proceeds sale -9 shares
Pure Oil Company
qommon Stock at 51 5/8 459.27
Carrying value 221.63
237 64
1 9 5 4
Nov.18 Net proceeds sale -37 shares
Montgomery Ward and Company
Common Stock
12 shares at 70 3/4 and
25 shares at 70 7/8 2,599.18
Carry'ing value 2,198.29
400 89
1 9 5 5
Nov.2 Proceeds redemption -50 shares
General Foods Corporation
$3.50 Cumulative Preferred Stock at 101 5,050.00
Carrying value .4,817.80
232 20
1 9 5 6
Sept.5 Net proceeds sale -39 shares
Columbia Gas System,Incorporated
Common Stock
25 shares at 17 1/8 and
1.4 shares at 17 654.71
Carrying value 417.33
237 38
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ESTATE OF WALTER H.BAKER~DECEASED
''118 ...
(continued).
1 9 5 6
Sept.5
Gain on Sale and Conversion of Assets
Net proceeds sale -26 shares
Chesapeake and Ohio.Railway Company
Common Stock
25 shares at 64 1/8 and
1 share at 637/8
Carrying value
,1,653.68
1,168.38
485 30
Sept.6 Net proceeds sale-20 shares
Sterling Drug,Incorporated
Common Stock at 54 1,070.49
Carrying value 798.75
271 74
Sept.27 Net proceeds sale - 5 shares
Donley Brick Company·
Capital Stock at 180 900.00·
Carrying value 350.00
550 00
1 9 5 8
Jan.10 Net proceeds sale -70 shares
Cyclops Corporation Common Stock
20 shares at 21 7/8
20 shares at 22 1/4
10 shares at 22 7/8 and
20 shares at 23 1/8 1,552.50
Carrying value 519.28
1,033 22
Jan.20 Net proceeds sale -20 shares
Cyclops Corporation
Common Stock at 22,7/8 451.39
Carrying value 148.37
303 02
Jan.21 Net proceeds sale -10 shares
Cyclops Corporation
Common Stock at 22 3/4 224.45
Carrying value 74.18
150 27
Jan.23 Net proceeds sale -20 shares
Cy·clops Corporation Common Stock
10 shares at 23 3/8 and
10 shares at 23 457.61
Carr)ring value 148.37
309 24
-16 -
'.'7'11 "
ESTATE OF WALTER H.BAKER,DECEASED ---
Gain on Sale and Conversion of Assets (·continued)
1 9 5 8
Jan.23 Net proceeds sale -20 shares
Cyclops Corporation Common Stock
10 shares at 22 7/8 and
10 shares at 23 1/4 455.12 ,
Carrying value 148.37 j,
306 75 .,
Jan.28 Net proceeds sale -20 shares..
Cyclops Corporation
Common Stock at 23 7/8 471.28 ,
Carrying value '148.37
322 91 ,
Net proceeds sale -10 shares i
Cyclops Corporation
Common Stock at 24 1/2 241.86
Carrying value 74.18
167 68
Net proceeds sale -10 shares i
Cyclops Corporation .j
Common Stock ~t 24 1/4 239.37 !Carrying value 74.18.165 19
Net proceeds sale -25 shares
Cyclops Corporation
Common Stock at 24 3/4 610.88
Carrying value 185.46
4~5 42
Feb.4 Net proceeds sale -80 shares
Cyclops Corporation Common Stock I
50 shares at 24 !
10 shares at 24 3/4 and
20 shares at 25 1,922.48
Carrying value 593.46
1,329 02
Feb.10 Net proceeds sale -15 shares
Cyclops Corporation
Common Stock at 241/2 362.79
Carrying value 111.27
251 52 ,,
Feb.13 Net proceeds sale -10 shares
Cyclops Corporation I
Common Stock at 24 3/8 240.62
Carrying value 74.18
166 44
-17 -
II
•r.''''11 ..
ESTATE OF WALTER H BAKER DECEASED
A
Ma
Ma
.,I,..(continued)Gain on Sale and Conversion of Assets
1 9 5 8
I
o';
eb.25 Net procees sale -25 shares ~,
Cyclops Corporation
Common Stock at 23 567.35
Carrying value 185.46
381 89
r.10 Net proceeds sale -15 shares
Cyclops Corporation
Common Stock at 22 1/2 332.94 ,
Carrying value 111.27 .
221 67
I~Net proceeds sale -15 sharesare17 ,
Cyclops Corporation
Common Stock at 227/8 338.55
Carrying value 111.27
227 28
Net proceeds sale -20 shares
Cyclops Corporation Common Stock
10 shares at 23 1/4 and
10 shares at 23 1/2 461.34
Carrying value 148.38
312 96 ,
I
r.·19 Net proceeds sale -15 shares I
Cyclops Corporation ICommonStockat233/4 351.60 I
Carrying value 111.28 ,
240 32
r.21 Net proceeds sale -25 shares
Cyclops Corporation Common Stock
15 shares at 24 and . I
10 shares at 24 3/8 595.95
Carrying value 185.45
410 5C
r.28.Net proceeds sale -10.shares ,I
Cyclops Steel Corporation
Common Stock at 24 236.89
Carrying value 74.18 •
162 7],
1 9 6 4
I I
pro 7 Proceeds sale -141 shares .
Dunn Mar Oil and Gas Company
Capital Stock at 3.00 423.00
Carrying value 282.00
141 OC
,
-18 -
Ma
F
M
Ma
•17'S ..
.1
ESTATE OF WALTER H.BAKER,DECEASED
-~-r-
Gain on Sale and Conversion of Assets .(continued)I
1 9 6 6
Apr.28 Net proceeds sale -290 shares
Vasco Metals Corporation
Capital Stock at 41-3/4 11,980.01
Carrying value 2,597.37
9,382 64
1 9 6 9
Nov.12 Net proceeds sale -1,050 shares
United States Steel Corporation
Common Stock at 37 1/4 39,112.50 ,
Carrying value 11,659.38
27,453 12
I
Dec.4 Proceeds sale-6 shares
George Washington Hotel Corporation
Common Stock at 10 60.00
Carrying value ·15.00 ...45 00
,46,604 99.-,
Miscellaneous :
1 9 5 5
Nov.11 Anaconda Copper Company
Non-Taxable Dividends ,
1/1/49 to 12/31/54 208.57
Carrying value of Capital Stock
reduced to reflect above dividends 208.57 :,
0 00
221,401 .21
DIS BUR S E MEN T S
,
Administrative Expenses
1 9 5 1
Mar.16 Internal Revenue Service
1950 Fiduciary Income Tax 8 62
Sept.27 Eleanor G.Braun
Notary's certification re Bill of complaint
in matter of Sale of Property
1/8 share 13 ,
,
James H.Douglas,Register of Wills
Exemplification of Record ~1/8 share 1 06
1 9 5 2
Feb.8 Henry-K.Gibson
Expenses in re Sale of Lot No.5,Block No.1
La Gorce Island,Dade County,Florida -1/8 share 109 00 .
-19-II
1 9 5 2
Mar.17
1 9 5 3
Mar.13
Dec.16
1 9 5 4
Jan.18
1 9 5 5
Dec.7
1 9 5 6
Feb.21
.June 12
Sept.18
1 9 5 7
Jan.15
Oct.29
1 9 5 8
Nov.3
1 9 5 9
Jan.15
1 9 6 3
Jan.10
1 9 6 4
.Apr.3
/
•
ESTATE OF WALTER.H.BAKER,DECEASED
Administrative Expenses (continued)
Internal Revenue Service
1951 Fiduciary Income Tax
Internal Revenue Service
1952 Fiduciary Income Tax
.Internal Revenue Service
Income Tax for Fiscal Year ending 9/30/53 .
Internal Revenue Service
Additional Income Tax for Fiscal Year
ending 9/30/53
Stock Transfer Tax on
15 shares Duquesne Light Company
4%Preferred Stock
Stock Transfer Tax on
5 shares Duquesne Light Company
4%Preferred Stock
Stock Transfer Tax on
9 shares E.I.duPont deNemours and Company
$3.50 Preferred Stock
Stock Transfer Tax on
5 shares Donley Brick Company
Capital Stock
Internal Revenue Service
1956 Fiduciary Income Tax .
Smith,Buchanan,Ingersoll,Rodewald and Eckert
Telephone calls to Chicago,Illinois re·
Sale of Cyclops Corporation Stock -1/8 share
Buchanan,Ingersoll,Rodewald,Kyle and Buerger
Professional services from May 1956 to
September 1958 re sale of Cyclops Corporation
Stock
Internal Revenue Service
1958 Fiduciary Income Tax
John Gilfillan,Esquire
Proportionate share Attorney's fee in re
Sale of Lots in Crafton Borough,Pennsylvania
Stock Transfer Tax on
141 shares Dunn Mar Oil and Gas Company
Capital Stock
-20·-
14 73
15 78
16 35
5 56
16
06
10
40
121 53
1 12
67 92
651 29
3 75
17
~•..17111 ..
.~...''''111 A
ESTATE OF WALTER H.BAKER DECEASED,
v .:
Administrative.....Expenses (continued)
1 9 6 7
Jan.17 Internal Revenue Service
I1966FiduciaryIncomeTa~749 Sl
1,767 64
Loss on Surrender for Exchange
1 9 5 2
Oct.9 Surrendered
$11,000 United States of America
Certificates of Indebtedness
Series E 1 7/8%
,-dated 10/15/51 due 10/1/52
Carrying value 11,023.77
Received in lieu of above
$11,000 United States of America
Treasury Notes Series A
2 1/8%
dated 10/1/52 due 12/1/53 11,005.16 I
18 61 I
1 9 5 4
I
Dec.17 Surrendered
$11,000 United States of America
Treasury Notes Series B
1 7/8%
dated .12/1/53 due 12/15/54
Carrying value 11,030.94
Received in lieu of above
$11,000 United States of America
Certificates of Indebtedness
Series E 1 /4%
dated 12/15/54 due 12/15/55 11,010.31
20 63
1 9 5 5
Dec.12 Surrendered
$10,000 United States of America
Certificates of Indebtedness
Series E -1955 1 1/4%
dated 12/12/54 due 12/15/55
Carrying value .10,009.37
Received in lieu of above
$10,000 United States of America
Certificates of Indebtedness
Series D -1956 2 5/8%
dated 12/1/55 due 12/1/56'10,000.00
9 37 I
-21 -
I
-------_.-
''''1 ..
ESTATE OF WALTER H.BAKER,DECEASED===::;===================:::::::::::============~======::;=======r==::::::n===-:.-='::'::'--'---._-
Loss on Surrender for Exchange (co~tinued)
1 9 5 7
Aug.5
1 9 5 8
Aug.11
1 960
Aug.16
Surrendered
$10,000 United States of America
Certificates of Indebtedness
Series D-1957 3 1/2%
dated 12/1/54 due 10/1/57
Carrying value 10,012.50
Received in lieu of above
$10,000 United States of America
Certificates of Indebtedness
4%Series C-1958
dated 8/1/57 due 8/1/58 10,009.38
Surrendered
$10,000 United States of America·
Certificates of Indebtedness
Series C-1958 4%
dated 8/1/57 due 8/1/58
Carrying value 10,009.38
Received in lieu of above .
$10,000 United States·of America
Certificates of Indebtedness
1 5/8%
dated 8/1/58 due 8/1/59 10,000.00
Surrendered
$10,000 United States of America
Treasury Notes Series C-1960
4 3/4%.
dated 8/1/59 due 8/15/60
Carrying value 10,050.00
Received in lieu of above
$10,000 United States of America
Certificates of Indebtedness
Series C-1961 3 1/8%
dated 8/15/60 due 8/1/61 10,000.00
-22 -
3 :'2
9 38
50 00
"Ie ..
ESTATE OF WALTER H.BAKER,DECEASED==._=-==r============================~====$======;:=::;:;:::===---,==------.--
Loss on Surrender for Exchange (continued)
1 9 6 2
Nov.5 Surrendered
$10,000 United States of America
Treasury Notes Series H-1962 3 1/4%
dated 8/1/61 due 11/15/62
Carrying value 10,029.69
Surrendered
$10,000 United States of America
Treasury Notes Series A-1966
4%
dated 2/15/62 due 8/15/66
Carrying.va1ue 9,996.09
Cash'45.00
10,041.09
1 9 6 6
Feb.16
Received in lieu of above
$10,000 United States of America
Certificate of Indebtedness
Series D-1963 3 1/8%
dated 11/15/62 due 11/15/63 10,025.00
4 69
Received in lieu of above
$10,000 United States of America
Treasury Notes Series A-1970
5%
dated 2/15/66 due 11/15/70 10,003.13
37 36
153 76
1 9 5 2
Jan.22
Loss on Sale and Conversion of Assets
Net proceeds sale - 8 shares
Bristbl Myers Company
Common Stock at 33 5/8
Carrying value .
Net proceeds sale -14 shares
Hudson Motor Car Company
Capital Stock
13 shares at 13 1/4 and
1 share at 13 1/8 ~
Carrying value
Net proceeds sale - 8 shares
Vick Chemical Company
Capital Stock at 24 5/8
Carrying value
-23 -
266.25
320.00
181.91
199.17
194.58
264.50
53 75
17 2~
I""A
.1
2
2
3
3
1,01
2,53
)
535.19
561.07
2,761.94
5,296.80
1,235.74
2,249.00
997.18
1,000.94
1,297.50
1,336.43
10,000.00
10,025._00
31,000.00
31,038.75
Railway
-24 :-
ESTATE OF WALTER H.BAKER,DECEASED
Net proceeds sale -100 shares
Duquesne Light Company
4%Preferred Stock at 28
Carrying value
Net proceeds sale -13 shares
Pittsburgh,Fort Wayne and Chicago
Company 7%Preferred Stock
10 shares at 96 1/4 and
3 shares at 95 1/2
Carrying value
Net proceeds sale - 7 shares
Atlantic Richfield Company
3.75%Preferred Stock
5 shares at 78 and
2 .shares at 77 1/4
Carrying value
Net proceeds sale -$1,000
United States of America Certificates
of Indebtedness Series E-1955 1 1/4%
dated 12/15/54 due 12/15/55 at
99 23/32
Carrying value
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 at Net
Carrying value
Proceeds satisfaction -$10,000
Demand Promissory Note of
John B.Bigler dated 12/26/45
with Interest at 2%
Carrying value
Proceeds maturity -$31,000
United States of America Certificates
of Indebtedness Series A-1952 1 7/8%
dated 6/15/51 due 4/1/52 at 100
Carrying value
Loss on Sale and Conversion of Assets (continued)I
,
I,
8 7:5,.
.
,
3 76,
8 93
,
,
,,
5 CO
I I I
i I I
~
5 E:8
j
f
3 26,
.
4 86
,
,
1 9 6 9
Nov.12'
1 9 5 6
June 14
1 9 6 3
Nov.15
1 9 5 2
Apr.2
1 9 6 7
Jan.18
1 9 5 5
Feb.28
,--------------------------------1
''''e "
ESTATE OF WALTER H.BAKER,'DECEASED
Loss on Sale and Conversion of Assets (continued)1
1 9 6 9 I
Nov.12 Net proceeds sale -60 shar~s ,
IAtlanticRichfieldCompany,
3.75%Preferred Stock ,,45 shares at 53 and ,
15 shares at 53 1/2 3,152.31 ~I
Carrying value 5,861.78 ,I,I
2,709 47:
Net proceeds sale -50 shares t
IAluminumCompanyofAmericaI
$3.75 Preferred Stock
35 shares at 54 3/8 and I
15 shares at 54 1/4 2,689.60
Carrying value 4,845.29
2,155 &9
Nov.14 Net proceeds sale -50 shares •
Armstrong Cork Company ,
I
$3.75 Preferred Stock at 56 2,772.]0 ,
I
Carrying value 4,922.64 I
2,150 34-
I
Net proceeds sale -'100 shares I
IE.1.duPont deNemours and Company I
$3.50 Preferred Stock at 53 5,250.59 ,
Carrying value 9,345.65 I
I4,095 06
14,931 93
to 7/16/63
,
Charged Off -Accrued Interest Cancelled
I
Interest 12/24/41 -6/26/47 on )I
Participation in unpaid balance of ,
$900 Demand Promissory Note of ,
John B.Bigler dated 12/24/41
Interest rate 6%33 00I ,
II
I
If!
I,
1
,,
,
,
-25 -
---------- - ----------------
.",.
17'8 •
ESTATE OF WALTER H.BAKER,DECEASED
Distribution
Stock
Dividends -Stocks
RECEIPTS
.
I,
:352 08,,
I
17,238 41
,
,
j
!
I
l
I
I
,.
,
J
;
I
I,
II
I
,
46
,
87
I,
114 ;00
I
51 30
II
46 18E
:
56 2~
6,878 00 I
II
I
,
PERSONALTY
SCHEDULE B
INCOME
Atlantic Richfield Company 3.75%Preferred
60 shares 11/3/69
Cyclops Corporation Common
14,480 shares 12/30/69
Anaconda Company Common
108 shares 12/30/69
-26 -
5/10/65 32 shares Texaco,Incorporated
Capital Stock
Armstrong Cork Company $3.75 Preferred
50 shares 12/15/69
To Income -Personalty Account for distribution
to Income Beneficiary of Stock Dividend Shares
("in kind"or the proceeds sale .thereof)deemed
to be Income under the Principal and Income Act
of ·1947 as amended September 30,1963
American Telephone and Telegraph Company Capital,
190 shares 10/2/69 -
Aluminum Company of America $3.75 Preferred
50 shares 10/1/69
Income received subsequent to Statement ending
September 30,1969 .
$352.08 being Distribution from Principal to Income
Beneficiary of Stock Dividend Shares ("in kindil or
the proceeds sale thereof)deemed to be Income and \
all Income received and Disbursements made from
December 18,1950 (date of Decree of Distribution)
to September 30,1969 (date of last Quarterly State-
ment)have been accounted for by Quarterly Statements
rendered Amy Anne W.Ritter,Income Beneficiary
.~~---}
•
17111 &
ESTATE OF WALTER H.BAKER.DECEASED
Dividends -Stocks (continued)
,
E.I.duPont deNemours and Company $3.50 Preferred ~
100 .shares 10/27/69 87 50
Duquesne Light Company Common t
200 shares 10/1/69 83 00,
j
Duquesne Light Company 4%Preferred I :,
100 shares 10/1/69 50 00
,
General Motors Corporation Common !291 shares 12/10/69 436 50
National Steel Corporation Capital ,
300 shares 12/12/69 187 50
Pittsburgh,Fort Wayne and Chicago Railway Company !7%Preferred
13 shares 10/8/69 22 '75 I
Texaco,Incorporated Capital
1,280 shares 12/15/69 512 )0
The Union National Bank of Pittsburgh Capital
293 shares 12/29/69 161 15 .
United States Steel Corporation Common .!.
1,050 shares 12/10/69 630 JO ,
I 9,363j 70
I,
Interest -Bonds I
United States of America Treasury Notes 5%
$21,000 5/15/69 -11/15/69 -525 00,
9,888 70
I
,
I
II
j
,,
I
•
\
:
-27 -
_.
•'''II ..
!ESTATE OF WALTER H.BAKER,DECEASED·
I,
I,
I DIS BUR S E MEN TSi
I
Administrative Expenses
;1 9 6 9
I Nov.13 .Accrued Interest on i
I United States of America Treasury Notes 7 1/2%!II,
I
$40,000 8/15/69 -11/12/69
Purchased 11/13/69 342 39
I Dec.31 The Union National Bank of Pittsburgh
I Accountant's compensation .190 9.3
533 32
Distribution
Payments in accordance with
Paragraph Sixth (e-2)of the Will I
IAmyAnneW.Ritter
12/31/69 Payment account Net Income 9,355 38
9,888 70
.
-28 -~
I I--------
'I'.,:-....
believes.
COMMONWEALTH OF PENNSYLVANIA
:.55:
COUNTY OF WASHINGTON
J.DONALD PATTON,Senior Vice President of THE UNION NATIORAL BANK OFj.
,"!PITTSBURGH,the above named Accountant being.dUly sworn according to~law deposes
and ~ays that the disbursements shown in the account have been made ~o the parties
i
entitled thereto and that the account as stated is true and correct as he verily
f,
I
q~t~I
Sworn and subscribed before me thiS'_·-47.~vg=--4,__day of__.....)1{'"-.;...:...::~~::::·~,:...l ,1970.
t,
~:A:~
REQUEST FOR DISTRIBUTION
Notary ,Public
I
ClAIR A.NEWTON,NOTARY PUBl.IC
PITTSBURG-I,ALLEGHENY COUNTY
'lP,Y cOMMi~SlciN 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•.IfI•t
ITHEUNIONNATIONALBANKOF PITTSBURGH
By-&~&1k,Senior Vice President
t,
.,
.-.-.
Form fJr~r Trustee
~'r'Jtlitinn ~ur Aubit1.).3ln IDqr (@rpquu5~OJourt of lIu51Jtugtou mouuty
J
.,
Walter H.Baker,DeceasedEstateof .
Trust Under Will.................................................................................................................................:
For ~~~..:w.~;i,m~;r.rA9.:w ~.~.t.~~.r.L ..
Filed at N0 J:J:.7 of 1~...79
.Fiduciary...~h~V.g.~9.A N.~l~.Qn~...f.:.~....Q.+.....:r.ttt.~.1?y,rgh,
Surviving Trustee,
pi;~;·~f"~~~~;d..·..·..Register..·of"·Wiiis · ·........·..·..·..·.....
of appointment........w.~.~P,..;!.P..g~9.~...9.9.~~.Y.:~~~gg!?y.J:y.~ia
Date of t~'.'.:-~:.AugUflt ~6,1.9.46..:.:..
If there have been former accounts
filed in this estate,list:No.90 August Term 1950 A. A.(Estate of "lalter H.Baker,Dec'd)
Reason for filing this account...p..~.~~~9.f...~9:~~9:~~§.~.?.~~.9:~.~L ..9.~.:~E.~~.~.~.~~.~~.~.;:.~!:?:~~.:.~.?~?.§?..
.......
.•.1)All persons having any interest,vested or contingent (including claimants),in the fund now before the Court,
with the nature of their interests are:
Under Pa.ragraph Sixth (e),(2)of the Will is a life estate for Amy AruleWeimer,.
(now Ritter),granddaughter,and on her death distribution would be for the benefit
of her issue.
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 distributiori:...'~..
In accordance With P'aragraph Eighth of the Will,upon the death of Edward L.Stockdale,
Co-Trustee the wife Wilma L.Baker,and the daughter Anne Baker "leimer,hsd the right to
appoint a Successor Trustee•.Anne Baker Weimer who had the right to appoint anIndividual
Successor Trustee has waived her right and has given this selection to her daughter,Amy
Anne Weimer Ritter,and this right has been exercised by ~tRitter designating her
husband,William C.Ritter,Successor Trustee,as evidenced By letter markEd Exhibit "A"
and the Release of Mrs.Weimer·'1IiarK'e·.d:Exhibit "A-I".These two Exhibits 9.re,attached .:
to the acceptance of William C.Ritter as the Successor Trustee,along wi~~the approval
of The Union National Bank of Pittsburgh attached hereto and marked Exhibit "B"•
.)
I
Balance for distribution per account,
Additional debits not shown in account:
(Indicate whether income or principal)
Principal
Income
$204,162.80............................................................
$NQD.e ..
~.-II ~
See Additional Receip"ts and Disbursements -Exhibit "G".
:p"rincipal
Income
Total additional debits
Additional credits riot shown in account:
(Indicate whether income or principal)
See Additional R.eceipts an<disbursements -Exhibit "G"
:P.rincipal
Income
Total additional credits
111.62
20,121.01
$20,232.63............................................................
670.49
18,410.74
$~??.~~~.~.~:?...
Balance for distribution Principal
Income
$2.Q3.".6Q3.A9.3..
$1,710.27............................................................
Total $gQ?1.:?.;!;4.~.gQ : .
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 Distbursements -EXhibit "G".
,.'.~'.
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·1
I
August 20,1970.
The Union National Bank of Pittsburgh
Post Office Box No.837
Pittsburgh,Pennsylvania 15230
Attention:Mr.J.Donald Patton,.Senior Vice President
,,
In re:Estate of ·Walter H.Baker,Deceased Trust Under Will
for Amy Anne Weimer (now Ritter,#2991)I
I
Dear Mr.Patton:!
"!Under the Will of my Grandfather,Walter H.Baker and due to
the death of Wilma L.Baker on May 4,1963 and also the death of the:Individual
Trustee Edward L.Stockdale on November 5,1969,and as my mother Arnie Baker
Weimer has released to me the right to name the Individual Co-Trustee for this
trust for my benefit,this letter is to advise you that I appoint my husband
William C.Ritter of 4101 LaPlaya Boulevard,Coconut Grove,Miami 33=~Florida
to serve with the Union National Bank of Pittsburgh,and/or its successor.
I
Mr.Ritter is filing a separate Individual Acceptance as the
IndividUal Trustee and this letter is attached with the Acceptance arid is to
be filed with the Court records.
Ia:DL~LIb
~~e Weimer Ritter
The Union National Bank of Pittsburgh approves the appointment of William"C.
Ritter as the Successor Individual Trustee and hereunto adds its approval.
II
I
..,
The Union National Bank of Pittsburgh,
Surviving Trustee Under the Will of
Walter H.Baker,Deceased Trust for
Amy Anne W.Ritter,#299)1".'By-U()aAlfla!tb.
-Senior Vice President
Exhibit "A"
leMOyne Avenue Extension
Washington,iennsylvania,15.301
March 2.3,1970.
In reI Walter H.Baker,Deceased for Amy Anne Weimer,Ritter
Dear Amy Annel
Under your Grandfather Baker's Will the Eighth Paragraph provides 'that
with the death of Edward L.Stockdale,the Co-Trustee with The Union National
Bank,that I as the survivor 'Would have the right t~name such individual as
his successor as may be suitable to the Corporate fiduciary.
I have given consideration to this matter and.this letter is to let you
know that I am Yaiving my right to designate the individual Successor Trustee,
and that you then will have the right to designate that Successc:r Trustee.'
You can consider this matter and write directly to the Bank,sending it
for the attention of Don Patton,but sending me a copy of the letter to the
Bank.This should be done before the first of Mayas an acceptance will need
to be filed with the audit papers for your Trust under the Will.It is my
intention for the other Trusts under the Will,as 'Well as Walter's Trpst,and
'Trust #1830,to have U.'Grant Miller as Successor Trustee.,Walter approv~d
this action.'
I assume that you would want Bill to serve and the Ninth PE.ragraph of the '
1'1ill indicates that no bond or other security shall be required of the individ-
ual Trustee or any successor,and I understand that the Orphans'Court will no
doubt honor this provision of the Will even though Bill 'WOuld be a non-resident
of the Commonlrlealth of Pennsylvania,as long as all of the assets are still
handled in Pennsylvania by ,the Corpo~ate Trustee.
Lovingly,
#2991
~';.:....,
,:
".";
\".....~i\\~l'i ,<s--,,-l:.lW
-Mother'
<\.
Exhibit "A_I"
NO.317 OF 1970
It 8/20/70
IN THE COURT OF COMMON PLEAS OF \J.ASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE ESTATE OF
WllLTER H.BAKm,DEXJEllSED
TRUST UNDER WILL FOR
AMY llNNE WEIMER (NOW RITTER)#2991
ACCEPTANCE OF APPOINTMENT 1lS
SUCCESSOR INDIVIDUiIL TRUSTEE UNDER THE WILL
\.JHEREilS,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 \~ashington County,Pennsylvania,in Will Book Volume 70,Page 561,Edward L
Stockdale and The Union National Bank of Pittsburgh were appointed Testamenta
Trustees;and
WHEREAS,the Eighth Paragraph of the Will provided,"In the event
the said Edward L.Stockdale should predecease me or,surviving me,be unable
to qualify as Co-Executor and Co-Trustee hereunder due to illness,accident or
incapacity to act for any reason whatever,or having qualified,be unable to
perform the duties herewith imposed,then and in that event my said wife,
WILMA L.B.AK.ER,if she survives me,and my said daughter.ANNE BAKER WEIMER,
shall have the right to name such ~ndividual 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
by letter dated March 23,1970 a copy ·of which is attached hereto as Exhibit
released to Amy .f\.nne Weimer Ritter the right to name an individual Co-Trustee,
and as by letter attached hereto as Exhibit A exercised such right by appointi g
her husband William C.Ritter of 4101 LaPlaya Boulevard,Coconut Grove,lvIiami
33,Florida as the Successor Individual Trustee to act with The Union National
Bank of Pittsburgh,and/or its successor.
NOW THEREFORE,The Union National Bank of Pittsburgh,approves this
appointment by its proper corporate signature to the letter !Jf appointment by
Amy .Anne Weimer ,~i~.:ter,and William C.Ritter does accept the appointment as
,-,\."
Successor Indiv~dual Trustee ~adding his Signat~
."Executed this'&1 ~d8¥of w~a'1970.
William C.Ritter
'Exhibit "B"
,,~-..,.~-'-'.'I.,
I1'tll
,
IN "THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA i
ORPHANS I COURT DIVISIDN "NO.317 OF 1970
ESTATE OF WALTER H.BAKER,DECEASED .
ADDITIONAL RECEIPTS AND DISBURSEMENTS I
TO THE :
,FIRST AND PARTIAL ACCOUNT I
lOFI
TaE UNION NATIONAL BANK OF PITTSBURGH I
SURVIVING TRUSTEE UNDER THE WILL 1
TRUST FOR AMY ANNE W.RITTER j
IIAuO'ust 24 1970
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ISUMMARY
I
SCHEDULE A !I.
PRINCIPAL -PERSONALTY
Receipts Page 3 221;512 83
Disbursements Page 4 17,908 90
-,
BALANCE 203,603 93
SCHEDULE B I
IINCOME-PERSONALTY
I
Receipts Pages 4 - 5 30,009 71 IIDisbursementsPages5 - 6 28,299 44;I,
BALANCE 1,710 27
NET BALANCE 205,314 20
The Balance Consists of the Following:-.
\
Principal -Personalty l
IStocksI
American Telephone and Telegraph Company •190 shares Capital 5,641 50-,
Anaconda Company
108 shares Common 1,654 43
Cyclops Corporation I14,480 shares Common 95,479 67
Duquesne Light Company ,"I,
200 shares Common ,3,783 7-5,
I General Motors Corporation ,
291 shares Common 3,184 00I
)
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...Exhibit "c"i I
------------I
;
•.".A
~.-....•..-._--._-•..._._--:-_-__-_-~-===ES=T=A=TE===O=F=W=AL=T=E=R==H =.=B:=AK:=ER:=:=:,=D=:;E=:CEA==;S;=ED=====_==;:::=;:;::=:::C.::::_::.
Stocks (continued)
Gulf Oil Corporation
.440 shares Capital
National Steel Corporation
300 shares Capital
Texaco,Incorporated
1,280 shares Capital
The Union National Bank of Pittsburgh
374 shares Capital
Bonds
United States of Americt:!o Treasury Notes
Series A 1970 5%
$21,000 dated 2/15/66 due 11/15/70
United States of America Treasury Notes 7 1/2%
$40,000 dated 10/1/69 due 8/15/76
Cash on hand
Income -Personalty
Cash on hand
- 2 -
14,552 46
1
3,724 43
7,041 5~I
5,494 8;211
,
.
I
21,110 44
41,100 00
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140,556 i64
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62,210 ,44,
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836 :85::!
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203,603 i 93:
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1,710 i 27j
I205,314 20:
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221,401 1211
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SCHEDULE A
PRINCIPAL -PERSONALTY
RECEIPTS
Purchase of Assets
Receipts in accordance with the First and Partial
Account filed
__.._._..___...---:E::::S~T:::.::A.=.::TE::.....:;O=_F_=_W:.:.:AL=T::.::ER=....;H:.:.;.:......=BAK=ER:..:.z....,-=D:=E.=.::CEA=S.=ED=---'-..._._.,..-.._.-....-...-------.------...'j'...r.-
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Stock
The Union National Bank of Pittsburgh Capital
2/9/70 0.55685 share 19.49
Stock.Rights Received
American Telephone and Telegraph Company
5/1/70 190 Rights allocated value
Gain on Sale of Stock Rights
United States,of America Treasury Bill
5/26/70 .$1,000 dated 8/31/69
due 8/31/70
Cash disbursed for purchase of the
above assets
982.09
1,001.58
1,001.58
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III ,0100:
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0:001
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1 9 7 0
May 21
American Telephone and Telegraph Company
Net proceeds sale
5/8/70 190 Rights at 40/64
Allocated value
Conversion of Asset Without Gain or LOss
Proceeds maturity -$1,000
United States of America Treasury Bill
dated 11/20/69 due 5/21/70
Carrying value
111.62
0.00
961.99
961.99
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1111 62
!
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O.08
221,5121 8~
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- 3 -
·_--_..-:-.::.-:_.._:::.=.':-;-:..•.,=:======_=_===ES:::::::::;T=AT=:E===OF===W=AL=T:=ER===H.===B=AK=ER==,=D:=E=C=EA=S~E==D=====;;:=::::;:r==
DISBURSEMENTS
Disbursements in accordance with the First and
Partial Account filed
'''1...
1 9 7 0
Apr.1
July 7
Administrative Expenses
Russell Marino,Register of Wills of
Washington County,Pennsylvania
Cost of filing First and Partial Account
Buchanan,Ingersoll,Rodewald,Kyle and Buerger
AttorneysI fee
197 0
June 26
Loss on Sale of Asset
Net proceeds sale -$1,000
United States of America Treasury Bill
dated 8/31/69 due 8/31/70 at 98.771
Carrying value
976.60
982.09
! '
17,908 190!i i
SCHEDULE B
INCOME -PERSONALTY
RECEIPTS
Receipts in accordance with the First and Partial
Account filed
Dividends -Stocks
Amer~can Telephone and Telegraph Company Capital
190 shares 1/2/70 -7/1/70
Anaconda Company Common
108 shares 4/1/70 -'7/1/70
Cyclops Corporation Common
14,480 shares 3/31/70 -6./30/70
Duquesne Light Company Common
200 shares 1/2/70 -7/1/70
General Motors Corporation Common
291 shares 3/10/70 -6/10/70
-4-
370 50
102 S(
13,756 OC
249 OC
49~7C
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I I1,024 00 '1 ii.I ~
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239 36 j
.16,941 116
I
National Steel Corporation Capital
'300 shares 3/16/70 -6/18/70
Texaco,Incorporated Capital
1,280 shares 3/13/70 -6/11/70
The Union National Bank of Pittsburgh Capital
374 shares 3/31/70 -6/30/70 '.
Gulf Oil Corporation Capital.
·440 shares 3/11/70 -6/11/70
Dividends -Stocks (continued)
ESTATE OF WALTER H.BAKER,DECEASED=-=''::''-;':.::-'=::-:-:...•.-.-.---===::=:-.'::=.=========================~=====~======,:.=:;;::::.-=
Interest -Bonds
United States of America TreasUry Notes 7 1/2%
$40,000 10/1/69 -8/15/70
United States of America TreasUry Notes 5%
$21,000'11/15/59 -5/15/70 . .
United States of America TreasUry Bill
Accumulation on
$1,000 to 5/21/70
2,616 ~4
525.00
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1 9 7 0
July 2
Aug.24
DISBURSEMENTS
Disbursements in accordance with the First and
Partial Account filed
Administrative Expenses
1970 Personal Property Tax -County
The Union National Bank.of Pittsburgh
Accountant's compensation
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."',ESTATE OF WALTER H.BAKER,DECEASED----_.--__.._0
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n accordance with Paragraph Sixth (e-2)I
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W.Ritter I ItsofNetIncome,I
/70 9,294.49 i i I•I
(70 8,701.46 I
/951j17,995!
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Amy Anne
Paymen
3/31
6/30
Payments i
of the Wi1
Distribution
.,.)..
~-------~--~;..------~---.
Set ~ortli.accountan~s suggestion as to manner and form of distribution to be made,awards to be.stated in pro-
por~?r:-s unless specIfic amounts or items .are designated by instrument under which estate is bei:ig distributed:
In accordance with Paragraph Sixth (e),(2)and Paragraph'Eighth of the Will,
if Your Honorable Court concurs,the balance for distribution is to be ds·creed to William
C.Ritter and The Union National Bank of Pittsburgh,Trustees in Trust for Amy AnneWeimer,mr
Ritter,subject to further administration and accounting:
Amy Anne W.'Ritter,party in interest,'is not in the Military Services of the United States
of America
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Wherefore,your F'etitioner prays Your Honorable Court to confirm.the account as filed and
award the Balance for Distribution,bothfsecurities and cash comprised c::f principal and
income cash on hand to '\William 'C:;Rit:te.r:>and The Union National Bank of;Pittsburgh,
Trustees for further administration and order of Your Honorable Court.'
ql.,1 I'l l
Allegheny
COUNTYOF~
COMMONWEALTH OF PENNSYLVANIA,~SS
The above named Fiduciary or representative thereof,
being duly...s:w.Qm doth depose and say that the
facts set forth in the foregoing petition are true to the
best of..hi.s ~knowledge and belief.'
.........~!!:~.~~to and subscribed before me
This --.c.l.~~day of k.~1911..9..
Signature of Oifi6@i'~'1!..,..~.
'.;":~\
••\tLAIR A.NEW,1qN,"JOTI\Ry:~~Bl:I~.'\TItle of Offlcer ltlnSBUR~it;..'Att£6t'EN.y..GOA~~n;..:..
• •W <t.QMMISSIO~,EXPIR!-~FEB;·~1.1972
OffIce expIres ,::.
And your petitioner will ever pray,etc.
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-.'
,.',
'ptition sur i\u~it
IN THE
ORPI-IANS'.COURT
OF WASHINGTON COUNTY
FORM USED FOR GUARDIAN-INCOMPETENTS
-OR TRUSTEES
No .3..l.7 of 19G.7.Q .
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ESTATE OF:W.glt.§;r..:H..•~9.J~.§r."'.P.§.g..~.9:.§~.g
i"~_•,-TrustUtlfJeI'"'TI[rh 11
•
FOR.~i.7-i.~!?-.~~..~~.~.~.~~.
..············..·..··········..·T·;;;·;;~=;;;..~;;~pet;;;;-t=i·;f;;·te-,:.;;;..~t··......·........·..........·..
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..P?:~....y.~9.P....N9:.t.~.9..J:?:9:);....~.9:.~....9.:f.....~tt.:t.e.1?urgh,
Surv~ying Trustee'
",.
c"Counsel for (the accountant shall submit herewith the
:.;following,if pertinent:
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SllU.~.:W }J31SW3-H-
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1.Will or "trust instrument-attested.
2.Inventory.
s.Signed 'lrlections of items to be taken in kind-
if distri~tion acco.p.nt.
4.Stipulati9n or certificate by minor approving
account.,-:
5.Praecipl{for those represented.
6.Brief-fQr any question of law raised.
Rex Rowland,Esq.
Buchanan~Ingersoll,Rodewald,Kyle,ana .I:suer5 er..·..·....i86'O....0ii·;·er....·B;:rl·i&e·~~i ..·i;~..·~~~~~~t~~L···..
IIEEsbwgfr,.P~varila 15222
ES Z ~,jd 8 l~'"OL.£Ii)tl
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IN THE COURT OF COMMONPLFAS OF WASHINGTON COUNTY,PENNA...',
ORPHANS'COURT DIVISION
No.317 of 1970
,)
)
)
)
)
)
)
.'
Mr.Rowland,did you have a ~otion for the Cou
Yes,sir;
HEARING ON AUDIT.
RE~ROtWLAND,ESQ.,of Pittsburgh;Alleghen
County,Pa.,representing the Accountant.
Yes,sir.With regard to the Baker Trusts,whi
Is Mr.Rex Rowland present?
Wednesday,May 20,1970,at 10:00 olclock A.M.
,EDST.
,THE ~ONORABLEP.VINCENT MARINO,Judge
of the said Court.
WALTER H.BAKER Trust
for AMY ANNE W.RITTER.
IN RE:
are the last seven on the audit list,wewould like to request tha't tho e
".
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ZZIIIII.
ieo~BEFORE:'%'
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ti~APPEARANCES:
ii
~Uii:Jt TIME:
01
aiII:III...'~THE COURT:
II.IIIII:~Mil.ROWLAND:
:Jo
,~THE.COUR T:
c(
Uii:~MR.ROWLAND:
Ie
be postponed to a later date for this reason:we had intended to file-
Our Petition fOr Distribution at this time on the ground tha the
individual t-rustee in those trusts"had died and a new one needed to
be appointed.We had talked with the beneficiarles about this and as
of,this date we have not been able to a n who shall be the______H --=:;;...:.::=-=;;.;;",;;"r.-...:.;:...;:;..=~....;;,;;,;;.~;.;;;,.;:.,;;;;,..;:...;.;..:;;..:.,.....;;..:.,.....;;;;a.:::....;;..;;;~~;;.."";,;....;,,;;,,,;;,...;;;.;:.=~..::...;;..:.:..:.__I---!
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matters.Ie there anyone in Court at tl:\ta time interested in any
of the Baker Trusts?
(NO RESPONSE )
THE COURT:They will all be continued to J.ne 29 at 10:00 aIel ck
A.M.
(AUDIT CONTINUED)
The fore(loi~g record of the proceedings upon tbe hearilli of the
I hereby certify that the proceedings and evidence are contained
L __..
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..I«~...'.~above cause is hereby apProwd and directed to be filed.
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~-';<:'.~,.'I~fu'Uy and accurately in the notes taken by me on the.hea~lng.CJf the above
~,.,
~cause:aDd tbat this copy is a ~orreettr.nscrlpt of th~I1JQme.til
I,
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNA
j
ORPHANS'COURT DIVISION
Baker Weimer had the right to appoint a SuccesSor Trustee.Anne
No.317 of 1970
)))
)
)
)
)
)
)
REX ROWLAND,ESQ.,of Allegheny County,
Pa.,repreSenting the Accountant.
Monday,August 24,1970,at 10:00 o'clock
A.M.,EDST .
THE HONORAB~E P.VINCENT MARINO,
Judge of the said COurt.
HEARING ON CONTINUED AUDIT
ESTATE OF
WALTER H.BAKER,
\Trust fOr Amy Anne W.Ritter.
IN RE:
~z<>oJ>-OlZZIIIII.
ie BEFORE:
Clz
i1tI<~
~APPEARANCES:
~III
Cl
oJ<~TIME:
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vi~MR.ROWLAND:The next petition is in Number 317 of 1970,
0:oII.~the Trust under the Will of Walter H.Baker.deceased,fOr Amy..0:
5 Anne Weimer,now Ritter.Under Article eight of the Will,uponII
oJ«
u the death of Edward L.Stockdale,Wilma L.Baker and Anneii:II.o
Baker Weimer has waived her right and has given this selection
to her daughter,Amy Anne Weimer Ritter.This right has been
exercised by Mrs.Ritter designating her husband,William C.
Ritter,SuccesSor Trustee,as evidenced by letter marked Exhibi
"A"and and Release of Mrs.Weimer marked Exhibit "A-I"and
2
attached to the Petition.These two exhibits are attached to the
Acceptance of William C.Ritter as SuccesSOr Trustee along with
the apProval of the Union National Bank of Pittsburgh,which is
attached as Exhibit liB".The approval is required under the Will
and we have in this instance attached an approval by the bank of
Mr,Ritter as SuccesSor Trustee.
William C.Ritter and his wife?
in Our office and they are here this morning.And their answer to
that is that they have been married 18 years and they have always
We raised that question yesterday.They were
Would there be any possible conflict between
MR.ROWLAND:
~z~THE COURT:..I>-IIIZ
Z
IIIII.
iol-I!)z
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decided things unanimously so far and they think they can continu
to do so from now on in.I thought that was a very good answer.
(Proceedings Closed).
llyIherebycertifythattheProceedingsandevidencearecontained
that this copy is a cOrrect transcript of the same.
ai0:IIII-0:oII.~and accurately in the notes taken by me on the hearing of the above cause,and
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The fOregoing record of the proceedings upon the hearing of the
above cause is hereby apProved and directed to be filed.
J.
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En t4t Qtaud nf QtnmUlnn 'lrus nf lIu,6qiugtnn Qtnunty,
Jrnnsylunnin,®rp4nns'aLnm ilitrisinu
ESTATE OF No.__-,,3~1:..!-7....:0=f~1=9~7-=.0 ~
Walter H.Baker,Trust for In the matter of the First and Final
Amy .Anne W.Ritter -.
Account of Union National Bank of Pittsburgh
Surviving Trustee
$204,162.80
20232.63
$224,395.43
19081.23
ADJUDICATIOYND DECREE
And now September,19~,this matter came on for hearing,
audit and distribution at this session and testimony taken;and thereupon,upon due consideration
thereof tge /tl.1~ce for distribution in rthe hands of the Accountant is determined to be
$20,3.and the account is accordingly confirmed;and it is ordered,
adjudged and decreed that the said balance be paid out by the Accountant in accordance with the
schedule of distribution hereto attached and made a part hereof unless exceptions hereto be filed
sec.reg.or an appeal be taken herefrom sec.leg.
Additional credit asked at audit
SCHEDULE OF DISTRIBUTION
Balance per account _
.Additional debit asked at audit
Balance ~$205.314.20
Deduct Clerk's Costs &Receipts'--_
Attorney Rex Rowland for Buchanan.Ingersoll.Rodewald.
Kyle and Buerger
William C.Ritter and the Union National Bank of
Pittsburgh,Trustees,in Trust for Amy .Anne Weimer now
Ritter,in accordance with Paragraph Sixth (e),(2)and
Paragraph Eighth of the Will,for further administration
and accounting,including cash and the following assets,
held in ldnd and distributed as such at the value as
sho~m:-
3184.0C.
$5641.50
1654.43
21110.411
4ll00.0C
811.8'
1710.2~
,
I
205289.2C
Principal Personalty
190 shares capital stock of American Telephone
and Telegraph Company
108 shares common stock of Anaconda Company
14480 shares common stock of Cyclops
Corporation 95479.67
200 shares common stock of Duquesne Light Company 3783.75
291 shares common stock of General Motors
CorporEition
440 shares Capital stock of Gulf Oil
Corporation
300 shares Capital stock of National steel
Corporation 3724.43
1,280 shares Capital stock of Texaco,Incorporated 7041.5€
374 shares Capital stock of The Union National Bank
of Pittsburgh 5494.82
United States of America Treasury Notes,
Series A 1970 5%$21,000
dated 2-15-66 due 11-15-70
United States of America Treasury Notes
.7 1/2%$40,000 dated 10-1-69 due 8-15-76
Principal cash
Income Personalty cash
No balance
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ESTATE OF
W.ALTER.H.B.AKER.,
D.:&:E.ASED
SECOND AND PARTIAL ACCOUNT
OF
ONE OF THE TRUSTEES BEING
THE UNION ,NATIONAL BANK
OF PITTSBURGH
SURVIVING TRUSTEE UNDER
PARAGRAPH SIXTH (e)'i,(2)
OF THE WJLL
TRUST FOR
AMY ANNE W.RITTER.
IN THE COuRT OF COMMON PLEAS OF
WASHINGTON COUNTY,PENNSYL.VANIA
ORPHANS,!1 COURT DIVISION
NO.317 OF 1970
Rex Rowland,Esquire
Buchanan,Ingersoll,,Rodewald,
Kyle and Buerger
1800 Oliver Buildin~
Pittsburgh,Pennsyl-.vania 15222
(562-8,800)
I BALANCE DUE -$193,088,20 I
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
NO.317 OF 1970
ESTATE OF WALTER H.BAKER.,DEDE.ASED
SECOND AND PARTIAL ACCOUNT
OF
ONE OF THE TRUSTEES BEING
THE UNION NATIONAL BANK OF PITTSBURGH
SURVIVING .TRUSTEE UNDER PAR~RAPH SmH (e),(2)OF THE WTI.L
.TRUST FOR AMY ANNE W.RmER
July IS,1974
(Amy Ar~e Wo Ritter
attained age 45 July
)1.197~
SUMMARY
SCHEDuLE A
PRINCIP AL -PERSONALTY
Receipts Pages 3 - 5 203,698 87
Disbursements Page 5 10,831 35
..-BALANCE 192,867 52
SCHEDULE.B
INCOME -PERSONALTY
Receipts Page 6 232 30
Disbursements Page 6 11 62
BALANCE 220 68
NEI'BALANCE 193,088 20
The Balance Consists of the Following:IPrincipal-Personalty
Stocks
American Telephone and Telegraph Company·
190 shares Capital 5,641 50
Anaconda Company.'108 shares Common 1,654 43
I
Cyclops Corporation
14,480 shares Common 95,479 67
..Duquesne Light Company
:-"200 shares CODmon 3,783 75'.
General Motors Corporation
291 shares CODmon 3,184 00
.Gulf Oil Corporation
44D shares Capital 14,552 46
National Steel Corporation
300 shares Capital 3,724 43
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ESTATE OF WALTER.'H.BAKER.DECEASED
Stocks (continued)
.,.
Texaco,Incorporated
1,280 shares Capital 7,041 r5S
The Union National Bank of Pittsburgh
467 shares Capital·5,4S8 95
I 140,550 77.
Notes
United States of America Treasury 7 1/2%
$40,000 dated 10/1/69 due 8/15/76 41,100 00
United States of America Treasury 8 3/4%I
$20,000 dated 5/15/74 due 8/15/78 20,01.4 00
61,114 00
201,664 77
Less amount due Accountants for'Jldmi.nistrative Expense!8,797 25
,
,
192,867 52
Income -Personalty
Cash on hand 220 68.'.
193,088 20 I
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ESTATE OF WALTER.H.BAKER,D~E.ASED
,
SCHEDULE A
PRINCIPAL -PERSONALTY'
RECEIPTS ~!
The Union National Bank of Pittsburgh,Surviving
Trustee Under the Will of Walter H.Baker,Deceased
Awarded by Adjudication and Decree dated September
8,1970 at No.317 .of 1970 in the Court of Common
Pleas,Orphans'Court Division of Washington County,
Pennsylvania
-Stocks
American Telephone and Telegraph Company
190 shares Capital"5,641 50
Anaconda Company
1,654108sharesCommon 43
Cyclops Corporation
1.4,480 shares Common 95,479 6'7
Duquesne Light Company
"200 shares Common 3,783 75
General Motors Corporation
291 shares Common 3,184 00
Gulf Oil Corporation
440 shares "Capital 14,552 46
National Steel Corporation
3,724
:300 shares Capital 43
Texaco,Incorporated
1,280 shares Capital "7,041 58
The Union National Bank'of Pittsburgh
374 shares Capital 5,494 82
"Notes
United States of America Treasury 5%Series A 1970
$21,000 dated 2/15/66 due 11/15/70 21,110 4L
United States of America Treasury 7 l/'Zf,
$40,000 dated 10/1/69 due 8/15/76 41,100 OC
Cash 811 85 '
203,578 93
;
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~'l'A'l'E OF W.AI['ER H.BAKER.DECEASED
-
Purchase of Asset
Notes
United states of America ['r.easury 8 3/4%
5/15/74 $20,000 dated 5/15/74
I
due 8/15/78 20,014.00
I
.,Cash disbursed to purchase the above
asset 20,014.00I o 00
I
Stock Rights Received
American Telephone and Telegraph Company I6/3/71 190 Rights Allocated value o 00
I
Gain on Sale of Stock Rights I
:I
Proceeds sale I
American Telephone and Telegraph Company I
I
7/7/71 190 Right s 47.50
Allocated value 0.00
47 50 I
Stock Dividend I
I
The Union National Bank of Pittsburgh ICapital,
Received as·a Stock Dividend
3/15/71 25%on 274 shares held 93.50 shares (00
I
I Gain on Sale of Fractional Share Received as a
t Stock Dividend I
1 9 7 1
I
I
Apr.12 Proceeds sale -0.50 share
The Union National Bank of Pittsburgh
Capital Stock 15.00
Carrying value 5.87
S 13
Gain on Exchange
1 970
Mov.17 Surrendered
$21,000 United States of America Treasury Notes 5%
dated 2/15/66 due 11/15/70 .
Carrying value 21,110.44
Received in lieu of above
$21,000 united States of America Treasury Notes ,
7 1/4%I
I
dated 11/15/70 due 5/15/74 21,164.06
5 62
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ESTATE OF WALTER H BAKER DECEASED.,
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Gain on Sale of Asset I
I1 9 7 1
I
Jan.7 Proceeds sale -$1,000 . .I
United states of America Treasury Notes 7 1/4%
dated 11/15/70 due 5/15/74 at 101.24 1,017.50 I
ICarryingval,ue 1,007.81
!9 69
i
i 203,698 87I
.I,
DISBURSEMENTS ,
Administrative Expenses
1 9 7 1
jan.18 Internal Revenue Service
Fiduciary Income Tax for fiscal year ended 9/30/70 1,19~91
1 9 7'4
July 19 Buchanan,Ingersoll,Rodewald,~le and Buerger
Attorneys'fee 3,000 00
;
The Union National Bank of Pittsburgh
191Accountant's compensatio~6,48~
10,675 10
Loss on Conversion of Asset <.
1974 -I MaY 15 Proceeds maturity -#20,000
United States of America Treasury Notes 7 1/4%
I dated 11/15/70 due 5/15/74 20,000.00 ICarryingvalue20,156.25 I 156 25
10,831 35
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ESTATE OF WALTER H BAKER DE£EASFD•I
SCHEDULE B
INCOME -PERSONALTY
$1,710.27 being amount awarded by Decree of Distributi(n·
dated September 8,1970 and &11 income received and
disbursements made to June 30,1974 (date of last
Quarterly statement)have been accounted for by I
Quarterly Statements rendered AJrv Anne W.Ritter
R E C E"I P T.S •
,
Balance in accordance with statement dated 6/30/74 o 00
Dividends -Stocks
American Telephone and Telegraph Company
Capital
190 shares 7/1/74 146 30
-Duquesne Light Company .Common
200 shares 7/1/74 86 00
232 30
I :232 30
I
I
i DISBURSEMENTS
Administrative Expense
1 974
J~J1y 19 The Union National Bank of Pittsburgh
Accountant's compensation 11 62
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COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF ALLEGHENY
FRANK M.LYLE,Vice President of THE UNION NATIONAL BANK OF PITTSBURGH,
the above named Accountant,being duly sworn according 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 and correct as he veriiy
believes.
Sworn and subscribed before me this 1Vp/ZAV
Vice Preside
day of._....:7j~I/~t;;..L.V ,197~
J&I~.rUe/'4.Not ry Public )'
WILlIl!M J.PROBST,SR••NOrAf~Y PUBLIC
PITTSBURGH.ALlt:GHEN"I COUNTY
MY COMMISSION EXPIRES ~.AR.8.1976
~ember.r,eilnsylvaniaAssociatiOllofNotaries
REQUEST FOR DISTRIBUTION
Accountant requests that distribution be determined by the Court in
accordance with the Petition for Distribution to be offered in evidence at the audit
of this account.
THE UNION NATIONAL BANK OF PITTSBURGH
BYh:Ap
Vice Pr~t
I
!IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,
'",:,I PENNSYLVANIA ORPHANS'COURT DIVISION
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ESTATE OF:
WALTER H.BAKER,DECEASED
Trust for Amy Ann W.Ritter
o R D E R
6)-70-317
&AND NOW August ~>;1975,the Audit of the Second and Partial
Account filed in the above entitled Estat~having heretofore been
continued indefinitely,is hereby called for Audit on Tuesday,
September 9,1975 at 9:30 O'Clock A.M.Counsel shall present his
petition sur audit and be ready to proceed at that time.
Notice to all interested parties of the time and place of Audi
shall be given by counsel.
~n t4t aLuun uf aLnmnmn JUras uf lIas~ingtnn C1!nunty.
'rnnsyluania.(@rp~an!l t atuun Dittisinn
ESTATE OF No.317 Qf 1970
Walter H.Baker,Deceased In the matter of the SecQnd and Partial
Trnst Under Will fQr
Amy Anne W.Ritter
Account of The UniQn NatiQnal Bank Qf
Pittsburgh,One of the Truste3s Under...
the Will
ADJUDICATION AND DECREE
And now September D2 't tf ,19-2.5-,this matter came on for hearing,
audit and distribution at this session and testimony taken;and thereupon,upon due comideration
thereof the balance for distribution in the hands of the;Accountant is determhed to be$200,096.62 and the account is accordingly confirmed;and it is ordered,
adjudged and decreed that the said balance be paid out by'the Accountant in accordance with the
schedule of distribution hereto attached and made Q part hereof,unless exceptions here-to be filed
sec.reg.or an appeal be taken herefrom sec.leg.
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SCHEDULE OF DISTRIBUTION
Balance per account -I $133,088 20
Debits asked at audit 54;877.61 '
247,965.81
Credits asked azti audit 47,869.19,
Bolance:.--_
Deduct Clerk's Costs &Recelpts 1
105,425.1~
I
5,281.18
2,385.26
2,837.81
2,793.32
4.116.71
71,609.75
10,914.34
35,125.61
10,879.75
,178.52 .
,/46,183.88
William C.Ritter',SuccessQr Individual Trustee,I
and The UniQn NatiQnal Bank Qf Pittsburgh,
Surviving Trustee Under the Will,in Trust for I
Amy Anne W.Ritter fQr further administratiQn and I
accQunting,including the fQllQwing assets:
143 Shares American TelephQne and
Telegraph CQmpany,Capital 4;245.97
81 Shares AnacQnda CQmpany,CQmmQn 1,240.82 i
10,860 Shares CyclQps CQrpQratiQn
CQmmQn
150 Shares Duquesne Light CQmpany
CQmmQn
218 Shares General MotQrs
CQrpQratiQn,CQmmQn
330 Shares Gulf Oil CQrpQratiQn
Capital
225 Shares NatiQnal Steel
CQrpQratiQn,CQmmQn
960 Shares TexacQ,IncQrpQrated
Capital
420 Shares The Union NatiQnal Bank
Qf Pittsburgh,Capital
Carried fQrward
TQ:
Attorney RQbert F.PattQn.Buchanan.IngersQll.RQdewald~•
Kyle and Buerger
TQ:Amy Anne W.Ritter,1/4 Share per paragraph ,
Sixth (e)(3)Qfthe Will,credit tQ be taken by the
Trustee fQr advancements made as reflected in
Supplemental ACCQunt and Receipts filed
Securities Advanced
Cash Advance
Cash Due
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5,100.00
560.62
1.994·96
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Brought Forwarded
30,000 Par Value United States of America Treasury
Notes 7 1/2%due 8/15/76 30,825.00
10,000 :Par 'Valu.e United States of America Treasury
Rotes 8 3/4%due 8/15/78 10,007.00
The Union National Bank of Pittsburgh
Master Savings Account
?rincipal Cash
Income Cash
105,425.1S
153,912.74
NC BALANCE
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No.317 of 1970
In the matter of the Second and Partial
Account of The Union National Bank of
Pittsburgh,One of the Trustees Under
the Will
ofE~oteof Walter H.Baker,Deceased
Trust for Amy Anne W.Ritter
i\bjubitatinu aub mrtrrr
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Form OC Div.91
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lin tlJr ilattrr pf t4t Estate pf
]u lqt (@rpl1auu'<t1ourt iliniaiou of tl1t
.C!!nurt of arnmmou 'leaB of ~
WASHINGTON<1!nuuty Jeunsylnanin
Walter H.Baker,
Trust for Any Anne DEOEASED
W.Ritter
No.317 of 19 70
I(nulU .All mtn iiy m~tst tllrtstnts.that I,ANY ANNE W.RITTER
do hereby acknowledge to have received from THE UNION NATIONAL BANK )F PITTSBURGH,
~O~n~e.-:o~f::..........::t~h:.::.e_T=..:ru~s~t~e~e:=..s ~U~n=:::do:::e=-r_t~h~e~W=.i=ll=---t he sum of
(EXECOTOR-ADMINISTRATOR-THOSTEE-GOARDIAN)
_--.:.S::.,:e:..:c:..::u=.r.=.it..:.:i::.,:e:..:s:.....=A-=dv..:...:a::.:n..:.:c:..::e:...::d:.--($35,125.61 )Dollc.rs
and Cash Advanced
Cash
10,879.75
178.52
$46,183.88
in full of the amount awarded me under the decree of the Orphans'Court Division of the Court
Washington ,
of Common Pleas of ~JU{County,Pennsylvania,entered at the above number.
And I do further authorize and direct the Clerk of the Orphans'Couer Di,ision to
enter a receipt on the Audit Docket in my name,place and stead.
lIitnrBs my hand and seal this 9 day of~__,19 '1S-.
Witness;~
5:::/~Il
NO:317 of 19-7Q
AUDIT VOL.__------'_
iaereipt
ESTATE OF
Walter H.Baker,
PAGE_~
r
DECEASED
Filed _
)
J1lt,Fee .l~I Rex Rowland,Esqu~le3~Attorney ~gag~~~~riR~llaerger
1800 Oliver Building
Address Pitts-cmrgh,Pennsylvan~a
15222 '~.'.
(
IN RE:WALTER H.BAKER TRUST
SHARE OF AMY ANNE RITTER
CO~10NWEALTH OF PENNSYLVANIA)
)SS:
COUNTY OF ALLEGHENY )
No.63-70-311
J
Before me appeared GILBERT L.HAAG,who being
duly sworn did state that
(1)He is an Assistant Trust Officer of The Union
National Bank of Pittsburgh;
(2)On December 3,1976,he served notice on all
the parties in interest known to him of the hearing set before
the Orphans'Court of Washington County at 9:30 A.M.~n Courtroom
No'.5 of the matter to interpret the language of Article Three
o£the trust agreement of Walter H.Baker,dated AUgU3t 25,1936,
.together with a copy of the petition bringing this matter before
the Court;
(3)Service was made by sending a copy of the
Preliminary Order,dated November 23,1976,petition and cover
letter by first class mail,charges prepaid,to each person at
his last known address or place of business.
S''lorn to and subscribed before me
-
this;)8t4day of ~v ,197h
MARGARET W.BAUMAN.NOTARY PUBliC
Pil TSBURGH.AllEGl-lfNY COUNT'(
MY COMMISSION EXPIRES JAN.31.1977
Member.PennsylvaniaAssoC1ationofNotaries
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IN THE COURT or COMMON ~LEAS ~or WA,SHJNGTON COUNTY',PENNA..•J
ORPHANS ,.COURT DnlISION
NO.63-70-317 of 1970
j
IN RE:
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d~':,~-.U;,' "I'~("';,',,:::0 'f"~rT1o .'1'J~,I~\::}..,
):)',.'1~\::;.~r :
ROSE,SCHMIDT,DIXON,,
HASLEY,WHYTE &HARDESTY ~,
900 OLIVER BUILDING i
PITrSBURGH,PA.15222 i-.....
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.........
Deceased.
Trust Under Wj:l1 of Walter
H.Ba.ker,
PET~T~ON FOR REMOVAL or
CO-TRUSTEE ,AND A?l?OINTMENT
OF SUCCES'S'OR CO-TRUSTEE
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:)
)
Trust Under Will of Walter H.)
)
Baker,)
)
Deceased.)
No.63-70-317 of ~970
PETITION FOR REMOVAL OF CO-TRUSTEE
AND APPOINTMENT OF SUCCESSOR CO-TRUSTEE
TO THE HONORABLE,THE JUDGES OF SAID COURT:
The Petition of Amy Anne Weimer Ritter,by her attorneys,
Rose,Schmidt,Dixon,Hasley,Whyte &Hardesty,respectfully
represents:
1.The decedent,Walter H.Baker,died June 26,1947,
leaving a Will dated August 26,1946 (the "Will"),which was duly
probated and Letters Testamentary thereon granted on Jul}"8,1947,
to'Edward L.Stockdale and The Union National Bank of Pittsburgh,
Executors,by the Register of Wills,Washington County,Pennsyl-
vania.
2.Under Article SIXTH,Paragraph (e)of the Will~dece-
dent established a trust for the benefit of Amy Anne Wei~er,now
Amy Anne Weimer Ritter ("Trust"),to pay the income to her for
life,subject to her right to receive portions of the principal
of the Trust upon the attainment of certain ages and,ufon her
death,the then remainder of the principal of the Tr~st to be
divided among her surviving issue,per stirpes.Dec2dent,by the
Will,appointed Edward.L..stockdale and The Union National Bank of
Pittsburgh,Co-Trustees of the above Trust.
3.On December 18,1950,this Honorable Court ordered
distribution to be made from the Estate of Walter H.Baker to
Edward L.Stockdale and The Union National Bank of Pittsburgh,
as Co-Trustees,in accordance with the provisions of Article
SIXTH,Paragraph (e)of the Will.
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4.On September 8,1970,William C.Ritter succeeded
Edward L.Stockdale as individual Co-Trustee,serving ~ith The
Union National Bank of Pittsburgh,being nominated by Amy Anne
Weimer Ritter,in accordance with Article EIGHTH of the Will.
At the time of his appointment,William C.Ritter and Amy Anne
Weimer Ritter were husband and wife.
5.On April 20,1977,per the Order of the Honorable
W.A.Herin,Circuit Judge in and for Dade County,Florida,a
copy of which Order is attached hereto as Exhibit A and made a
part hereof~Amy Anne Weimer Ritter and William C.Ritter were
divorced.
6.Your Petitioner is a party in interest as the sole
life income beneficiary of the Trust.
7.Your Petitioner asserts the following grounds for
removal of William C.Ritter,Co-Trustee,in accordance with
20 Pa.C.S.A.Sections 7121 and 3182:
(a)such Co-Trustee has been adjudged,by a
court of competent jurisdiction,as being incapabiLe
of performing the duties of Co-Trustee of the Trust.
See Exhibit B attached hereto and made a part here-
of;and
(b)the interests of.the Trust are jeopar-
dized by the continuance in office of William C.
Ritter,since the acrimony between Co-Trustee and
Petitioner,the sole income beneficiary of the Trust,
ar.ising out of their divorce and the events precipitat-
ing the same has eradicated any loyalty to Petitioner
which may have existed on the part of the Co-Trust:e
and,in.fact,such Co-Trustee is hostile to Petitioner.
8.The languag~governing the appointment of a successor
Co-Trustee is contained in Article EIGHTH of the Will and reads
in part,as follows:
2.
r.
"In the event the said EDWARD L.STOCKDALE
should predecease me or,surviving me,be unable to
qualify as Co-Executor and CO-Trustee.hereunder due
to illness,accident or incapacity to act for any
reason whatever,or,having qualified,be unable to
perform the duties herewith imposed,then and in that
event my said wife,WILMA L.BAKER,if she survi7es
me,and my said daughter,ANNE BAKER WEIMER,shall
have the right to name such individual as his succes-
sor as may be suitable to the corporate fiduciary
herein named or its successor in office.In the event
my said daughter should predecease my said wife or
upon the death of my said daughter if she is the sur-
vivor of them,then a majority in interest of her
issue who are then sui juris may at any time or from
time to time upon filing their request or electicn in
writing change either or both the individual and the
corporate trustee then in office.In the event of
failure of the beneficiaries to nominate a successor
individual trustee in accordance with the above pro-
visions ....11
9..Your Petitioner nominates.Evans Rose,Jr.as 3ucces-
sor Co-Trustee,whose acceptance of such appointment is attached
hereto as Exhibit C and made a part hereof.
110.The following persons are minors and have the inter-
ests indicated in the Trust estate:
Jonathan Baker Ritter
c/o Mrs.Any Anne Ritter
3537 Royal Palm Avenue
Coconut Grove
Miami,Florida 33133
Anne Elizabeth Ritter
c/o Mrs.Amy Anne Ritter
3537 Royal Palm Avenue
Coconut Grove
Miami,Florida 33133
Minor born
9/18/65
Minor born
1/21/63
Contingent remainder in-
terest as a child ,of Amy
Anne Weimer Ritter as per
Article SIXTH of ~ill.
Contingent remainder in-
terest as a child ,of Amy
Anne Weimer Ritter as per
Article SIXTH of Will.
11.The following persons .are sui juris and have the indi-
3,
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,i
cated interests in the Trust estate:
Christopher Burns Ritter
Box D84
Lehigh University
Bethlehem,Pa.18105
Andrew Duncan Ritter
R.D.#2
Knox,Pa.16232
Susan Duncan Ritter
1821 N.W.7th Street
Gainesville,Florida
32601
William Jeffrey Ritter.,
Whereabouts unknown
(Trailer in Everglades)
David Michael Ritter
2925 S.W.28th Place
Lot 349
Gainesville,Florida
32608
Adult born
9/20/60
Adult born
4/20/59
Adult born
4/16/57
Adult born
2/8/55
Adult born
8/27/53
Contingent rema~nder in-
terest as a chi:"d of Amy
Anne Weimer Ritter as per
Article SIXTH of Will.
Contingent remainder in-
terest as a child of Amy
Anne Weimer Ritter as per
Article SIXTH of Will.
Contingent remainder in-
terest as a child of Amy
Anney.]eimer Ritter as per
Article SIXTH of Will.
Contingent remainder in-
terest as a child of Amy
Anne Weimer Ritter as per
Article SIXTH of Will.
Contingent remainder in-
terest as a child of Amy
Anne Weimer Ritter as per
Article SIXTH of Will.
12.In addition to the persons named in Paragra~hs 10 and
11,any unborn or unascertained future issue of Amy AnnE Weimer
Ritter may have an interest in the Trust estate under the lan-
guage of Article SIXTH of the Will.
13.The provisions of the Will under which Petitioner's
vested income interest and her issue's contingent remainder in-
terests are derived,read in part as follows:
"(2)An equal ONE-FOURTH (1/4)PART shall be
held in trust for my granddaughter,AMY ANNE WEIMER,
(3)...Thereafter the income on the remain-
ing portion of their principal share shall be paid to
them for life.
'(4)Upon the death of any of my said grand-
children,that portion of his or her principal share
then remaining in trust,together with any income
accrued or accumulated and remaining undistributed,
shall be divided per stirpes into as many shares as
there are issue him or her surviving and each sha~e
o
4.
shall be held and administered as a separate trust
until the surviving issue attain the age of twenty-
one (21)years respectively,when the principal shall
be.distributed to them.Should any of such surviving
issue die before having attained the age of twenty-
one (21)years,the share of such one or ones shall go
per stirpes to increase the shares of the other sur-
viving issue then living,and so on from time to time
as often as a death occurs."
14.The Trust is comprised of cash and securities with
an approximate market value of $510,000.
15.The present address of William C.Ritter,C~-Trustee
of the Trust,is R.D.#2,Knox,Pa.16232,and the present address
of The Union National Bank/of Pittsburgh,Co-Trustee of the Trust,
is P.O.Box 837,Pittsburgh,Pa.15230,Attention:JohnR.Echement,
Senior Vice President.
WHEREFORE,your Petitioner therefore prays this 30nor~ble
Court:
(a)To award a citation,directed to Wil1ia~C.
Ritter and The Union National Bank of Pittsburgh under
the provisions of Sections 7121 and 3182 of the ?robate,
Estates and Fiduciaries Code to show cause why William C.
Ritter should not be ordered to account and be removed
from his office as Co-Trustee of the Trust;
(b)To remove William C.Ritter as Co-Trustee of
the Trust;and
(c)To confirm the appointment of Evans Rose,Jr.
as successor Co-Trustee of the Trust.
ROSE,SCHMIDT,DIXON,HASLEY,
WHYTE &HARDESTY
ByJ!~?~;f,
900 Oliver Building ,
Pittsburgh,Pennsylvania 15222
5.
STATE OF FLORIDA
COUNTY OF ~a~
)
)SS.:
I )
I,Amy Anne Weimer Ritter,being duly sworn ~ccord-
L
ing to law,depose and say that I am the Petitioner herein
and that the facts set forth in the foregoing Petition ·are
true and correct to the best of my knowledge,information and
belief.
Sworn to and subscribed
before me this /S-p.C day
f .,..'of Mardi,"1979.
Notary Public
NOT.'IRY PUBLIC ST<\TE 0,Fl.ORfDA AT LARGE
MY COMMISSION EXPIRES JAN.tI 1982
BOND,:O THRU GENERAL INS .UNDERWRITERS
IN RE:
t,
..•
",
(..'
Marri~ge of
AMY ANNE RITTER,
l'7ife,
and
r'•..'I~.THE CIRCUIT..COURT OF THE;
'ELEVENTH JUD(")AL CIRCUIT;IN
~ND FOR DADE COUNTY,.rLORIP~
,GENERAL JURISDICTION DIVISION
I
NO.74-25594 (ll
:'..
··
··
WILLIAM C.RITTER,
Husband.:
':-----------------
,AMENDED FINAL 'JUDGMENT
,,.
THIS CAUSE having come before th~'Court on f~nal
I
hea'ring regarding the'issues of'dissolution of marriag~,
I •child custody,.claims relating to support,property,speclal
equities,.attorneys'fees and costs
And the Court by order dated March 11,1977 ~aving
entered its'final judgment dissolving the marriage and
l
awarding custody but reserving jurisdiction of the rem~ining
issues in the cause,
And the'Court intending,by incorporation of,the
provisions of the March 11,1977 Order into this Order,to
amend the Final Judgment and herewith by this Amended Final
I
Judgment to resolve all the issues raised by the Petition
and Counter-Petition and the Answers thereto,
And the cause having thereafter come before the
!
Court on final 'argument of counsel,the parties having~
submitted proposed orders,findings of fact and conclusions
of law,the Court,having reviewed the depositions an~other
evidence in the file and being oth.erwise fully adviseo in
the premises,makes the following
FINDINGS OF FACT:
1.The parties were married to one another on
August 23,1952,in Washington,Pennsylvania.
EXHIBIT "A"
"
"resident of Dade County,:Florida,since Dec'ember of 1953,
and including the 'six'months next prior ,to :the 'fi1i~g of the
petition in ~his cause.
,.
•
2.'(,ebh par,ty ,i,s,and:'has been ,,"1.,ona fide ,'\1
3.Seven children have bee'n born of this .rn~rriage:
D.Michael Ritter,presently ~ge 23;W.Jeffrey Ritter,
presently age 21;Susan D.Ritter,presently age 19;Andrew
D.Ritter,presently ~ge 17;Christopher B.Ritter,presently
age 16;Anne E.Ritter,presen'tly ~ge 14;and Jonathan B.
Ritter,presently age 11.
4.The marriage between the parties is irre-
trievably broken.
5.The Court also finds,the Husband havi~g
withdrawn his petition for custody of the fuinoi children,
th~t altho~gh both parties would be fit and proper persons
to have care arid custody of the'children,and are both
deserving'of reasonable visitation privileges,no matter who
received the custody,it is,in fact,the Court's duty on
the testimony that has been received,and in l~ght of the
withdrawal of the petition for custody by the'Husband.to
award the custody of the three minor children to the Wife,
their mother,Amy Anne Ritter,with reasonable visitation to
the father.
6.This matter commenced with Wife's filing of a
Petition for Dissolution on September 5,1974.Paragraphs 6
and 8 of the Petition for Dissolution constitute Petitioner-
Wife's assertion of special equities in the horne,held by
the entireties,located at 4101 La Playa Avenue.Coconut
Grove,Miami,Florida,and more particularly describej as
Lots 105 and 106,Utopia,according
to Plat Book 8 at page 94 of the
Official Records of'Dade County,Florida
and in other real and personal property held by the entireties
during the marriage of the parties.
7.After a series of motions,he'ar-ings ar..d
orders regarding Husband's compliance with the Court~s
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I
interlocutory orders,~he~Court denied Husband's motion to
dismiss filed l-fay 5,,1976 and directed Husband to answer,the
Petition.On June 14",1976,~usband filed his Answer and
Counter-Petition.In that plea"di~g Husband admitted the
parties'ownership of ,the,'La Playa Avenue 'property by the
entireties but denied that the funds for its purchase ~~re
provided by Wife,claimi!1g that "the parties contributed
joint funds"which they intended "to be,gifts each to the
other".Husb~nd further denied the allegations of paragraph
B concerning special equities and asserted that "joint funds
have been th~source of the funds used to purchase the,
assets"and all~ged further that he had "devoted his f~ll
time efforts to the fal!\ily~s financial interests".
B.In his Counter'-Petition Husbarid alleged::
'tal "That upon th~parties'marriage the
Wife,through her wealth,immediately dominated the Husband's
life by hamperi!1g him in his employment;making her pa=ents'
ill health a matter of prime activity for him,so that he
could not devote himself to a career . .."
(b)That the'y had "at the Nife's insis::ence
agreed that the Husband would devote himself to managi~g the
parties'joint brokerage account instead of findi~g inde-
pendent employment,in fact,Husband studied formally the
intricacies of the stock market.II
(c)He "devoted himself to study,so that he
could protect the Wife's trust interests,even to the point
of graduating from law school ll and that he "led the strug.Ig]le
to protect the Wife's interests"in a certain trust.
ld)"The Wife's monies and the Husband's
prudent investment of them permitted the parties to live on
a luxurious scale .
(e)
"
And he "has no employment or income,
other than th~vagaries of the stock market . •~[ant]is
without funds for his support,attorneys'fees and costs
9.In his prayer Husband asked the Court:
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II
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('\aj to deny dissolution of'.~~rri~ge,l:ut
(b)should dissolution be 'granted,
-(i),to partition th~jointly held real
property and 'stock interests;and
(ii)to award him sufficient'monies "to
rehabilitate himself".
10.The Court has reviewed the 336 page deposition
taken of Husband and the 91 p~ge deposition of Wife.The
Court has also reviewed th~documentary evidence subm~tted
at th~trial,'the ~arties'answers to extensive interr~gatories,'
the financial statements submitted by the parties and the
149 p~ges of transcript of trial testimony.
11.As a preliminary matter,th~Court finds as a
fact that Husband has failed to demonstrate by the,greater
weight of the evidence that the Wife or her "wealth""dominated"
him in any sense that he could not have voluntarily and
freely at any time duri~g the marri~ge chosen some other
line of endeavor independent of Wife's capital and in=ome
and by her various trust funds.The Court finds that although
the Wife acquiesced in her Husband's handli~g of her financial
af£a.~rs she did not "insist"or demand that the Husband
"devote himself"to the management of her monies or study
the intricacies of the stock market or go to law schcol
merely to protect her trust interests or otherwise cause him
to refrain from independent employment.On the contrary,
the Court finds that the Husband,trained in the stock
market and as a lawyer,has been urged by Wife both to find
independent employment and to apply for admission to the
Florida Bar so that he could earn an independent income.
The Court finds no basis in the record to support Husband's
position that his decisions in these regards were anything
but voluntary.
12.In this regard,the Court furth€r notes that
although Wife attended several years of college she is not a
college graduate;Husband,on the other hand,is a graduate
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(i (
,..of Washi~gton and Jefferson 'Un'iv~rsity and.)the Univers'ity'
of Miami Law Scho'ol.The Court's obser'vation of the pa::-ties'
demeanor,responsiven'es's 'and candor duri!'lg the final he.~ring
and its review of the responsiveness and apparent candor
duri!'lg the course of their depositions provides no support
for the Husband's positi.on that he has been anythi!l9 but a
free agent throughout the ~ourse ~f the marriage.In fact,
it would appear that he 'ha's been,.if anythi:ng,th.e domfnatlt
party during the parties'marriage.Am0!l9 other·thing~he
continually ~gnored Wife's pleas to reduce their indebtedness.
13.'The Court finds that Husband voluntarily and
freely assumed and undertooK a position of,great 'trust'and
confidence 'and thereby imposed upon himself a fiduciary duty
of the'highe'st degree of loyalty to his Wife in the handling
of her'assets and financial affairs.The Court finds no
credible evidence that the Wife insisted,demanded or even
requested that the Husband do anything other than be primarily
responsible for preparing or having prepared the parties',
joint tax returns during their marriage.
14.The Court finds that,although he may ~ot
have had any conscious intention to violate his fiduciary
duty to his Wife or to his family,at least in recent years
Husband has dealt with his Wife's assets and income in a
manner which does not appear to the Court to have been in
the Wife's best interests.
15.In this regard,and among other things,the
Court finds that at the present time by virtue of his decisions,
Husband has placed in his own separate name assets having a
present value of approximately $207,441.00.Of thes~assets
only $29,750.00 is presently subject to the lien of a bank
loan which Husband has caused to be made partly to himself
individually and partly ,to the parties jointly;to secure
these loans Wife's independently owned 'assets in excess of
the remainder of the amount of the Coconut Grove Bank indebtedness
have been pledged~By Husband's own estimate,of th~assets
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I
I
/";
.ple~ged as co1\·:-.•t.ctal'for the 'various loan(.kife's assets
"
are probably six ·times the'value of Husband's.
16.In addition,.Husband caused Hife to make
gifts of securities to the parties'minor children;placed
the securities in his own name .as custodian and thereafter
used the'monies gener·ally by ostensibly "lending"to l'Hfe
(on the stated theory that a loan to himself would have
"violated"his fiduciary duty as custodian).
17.Moreover,.the Court firids that undisputed and
apart from $207,441.00 in assets which he ·admits are ho?ld in
his own name,Husband also has other assets of indeterminate
amount.One of.the·se is '1.stock In a private company known
as J.M.Williams·Company and purchased in the Husband's
individual name with $25,OOO~OO of the pariies'joint funds
{and which he·failed to list at cost or some portion cf cost
on his financial statementl ..Husband anq a witness b0th
te~tified that the prospects for the company "were.good"but
th~Court is unable to determine the exact value of that
asset.
18.During the course of the trial there was~£a~~testimony concernin~the source oi the
funds with which the parties purchased both the residence on
La Playa Avenue and a residential lot in the Snapper :reek
Lakes.Although Husband attempted to suggest that the funds
used to purchase these prope~ties were "joint",Wife testified
that the funds were hers and identified by check amount,
number and date the specific funds which were used tc purchase
these assets.Cross-examination of her on this point cast
no doubt upon the accuracy or verity of her testimony.And
Husband admitted that he "had no income when 'ole came,here."
19.During the final hearing,Wife proffe~ed bank
deposit books and cancelled checks covering most of the some
twenty-four years of the parties'marriage to substantiate
her position that nearly all of the funds throughout the
course of the marriage used to support,not only Wife and
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•.(-(-~
"their seven children but '~lso Husband,in a manner he terms
"luxurious,"were hers.'The Court denied th~Wife's proffer
of these extensive records ,for the reason that should such
records'become pertinent th~only effective utilization of
judicial time would require that an auditor be 'appointed to
revie~and audit the~e papers"at what presently appears to
be excessive 'expenditure of effort and money.
Contrary to:Wife's testimony and repeated reference
to cancelled checks,bank.,statements and,the ,like,Husband
has not demonstrated to the 'Court by reference to ch.~cks or
even by his unsupported recollec'tions that any specific
amount of support.moneys was ever generated by his efforts
apart from watching over her'investments.'~In fact,HU~band
took the bank statementS for the ea'rliest years of the marriage
from Wife duri~g th.e course 'of this litigation and did not
produce them at Wife~s request at th~final hearing tr2al.
The Court finds that the Husband did not proffer them as
evidence himself.
20.It appears to be effectively undisputed that
virtually all of th~assets presently in Husband's individual
name derived directly or were but one step'removed fro:n
l-life's assets and inc'ome.It is similarly undisputed that
Dffl <lAl-l.Y
everyone 'of Wife ~s individually-held assets wer~derived :by
her independently of Husband's efforts and by virtue cf her
own trust funds and,gifts or bequests by her family.Nor is
it disputed that the substantial indebtednesses which are
collateralized almost entirely by Wife's assets were incurred
either generally for the support of the parties and their
seven children or for Husband's direct purchase of assets
which he presently has in his individual name.
21.In short,Husband has throughout the course
of this twenty-four year marriage voluntarily refrained from
any independent,gainful employment;has received his own
support (as well as whate~er support was given to the Parties'
children)directly from the Wife's assets and income;and
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,.")~'i .
•t.has by his own a...,.sertions 'e'njoyed 'in retUrl..d,luxurious
life-style "in payment"for such 'services as he ha's rendered.
22.On th~~ther h~nd,Husband did testify on
cross-examination that the various assets he has in his own
name wer'e placed the're :"for the''use and benefi t of the
family"pursuant to an alle~ed oral agreement.And he
testified th,at it was always their intention and understandi!lg
(which '''changed''only,accordi~g to Husband,"when Mrs.
,Ritter'filed for a divorce")that all of th.e indebtedness
was joint.He also testified that the "debt against the
custodian account t$l22,OOO~00)"was just a part of'o'U:::-
total debt picture"'"and furthe'r that '''we 'hoped to pay that
back as soon as''we had funds available."
23.-There is no sho'wi~g that Husband needs :lnything
in the nature of "rehabilitative"alimony;a man trained in
the law and in the ~ectiritie~'markets cannot be he~rd to
assert tha't his former Wife should support him while he
"learns a trade".In addition,Husband has admitted that he
.is involved with the disposition of his own fathers estate
and has made no effort since this case commenced in September,
1974,to find gainful employment.
24.On the testimony elicited at the trial,Wife
has demons~~ated conclusively that she is entitled to a
special equity in such properties as are wholly or paItly in
Husband's name.
.CONCLUSIONS OF L'AN
Based upon the .for~goi~g f.indings of fact and upon
the testimony,depositions,financial statements and demon-'
strated evidence received at trial and the Court being
otherwise fully advised in the premises,it is,upon considera-
tion,
ORDERED AND ADJUDGED as follows:
A.The Court has jurisdiction of t'he parties and
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"(
~of the subject ~atter of this 'ac~i6n•
C--')
..;
.B.The marri~ge between the parties is hereby
dissolved.
C.Based upon the .Court's knowledge of and
observation of these parties and knowledge 'of this record,
.
permanent custody of th.e minor children is awarded t.o F-etitioner-
Wife~reasonable rights of visitation (other than in the .
residence of Petitioner-l"life)are reserved to Responder,t-
Husband.
D.The equities are generally with Wife ant
~gainst Husband.
E.Petitioner-Wife,Amy Anne Weimer Ritter j is
awarded a special equity in theone-half l.egal interest held
by Respondent-Husband,_William C.Ritter',in the marital
residence on La Playa Avenue described above and in the
residential lot located in Snapper Creek Lakes,Dad2 County,,
Florida,being more particularly described as
Lot 2,Block 6,.Snapper Creek Lakes
Subdivision,according ··to the "Official
Records of Dade County,Florida,
and Petitioner-Wife is hereby declared to be the sole and
exclusive owner of such properties together with all improve-
ments and fixtures found thereon,and of the joint brokerage
account at Merrill Lynch,Pierce,Fenner &Smith.
F.The parties'indebtedness.to the Coconu~
Grove Bank on joint notes and ,on the indebtedness of t~e
account known as William C.Ritter,as custodian for tje
parties'seven children under the Gifts to Minors Act is
also declared to be joint.Each party shall be responsible
for one-half of this indebtedness.Amy Anne Weimer.Ritter
is hereby awarded a lien on all of the personal property of
William C.Ritter to secure his contribution to th~repayment
of his one-half of the foregoing indebtedness.
G.Otherwise,the parties shall each retai~full
and complete ownership of the various assets and properties
-listed in their individual names and each'shall execute,
-9-
subject to the lien required py.the foregoi~lg par~graph,
..
........(I-=''.,.\
j
I
,
I:r
such further papers as may be riece~sary to indicate such
ownership.
H.The ~arties shall further apportion sudh
personal property as may have been in storage accordi~g to
the source of such ownershfp and shall make arrangemen'ts to
transfer such items to the appropriate party.
I.Neither party shall oth~rwise be.respo~sible~.
in any way for the other '.s debt's to third parti.es or for th~
other's debts to third parties'incurred since the c'ommencement
of this litigation.
J.Beeause of th~complicated fncome tax ,con-
,
sequence~of,th~partie~t financial situation,the Court
directs that the parties,~ithout more specific rulinqs by
the Court,attempt to re~olve 'among themselves the.methods
and manner of repayment of ,th~ir joint i.ndebtedness.'The
Court reserves jurisdiction for the purpose of disposing of
any disputes which,may exi.st in the future and makingK
such 'determinations as may be required,but the Court proposes
that the 'parties each 'use,'good faith bes't judgments t·::)
resolve these'matters,with the admonition,however,that
the joint indebtedness be retired as soon as practicable
under all the circumstances.
K.The Court makes no award of child support to
AMy Anne Ritter at this time,but reserves jurisdiction to
consider this matter in the future.
L.Because of the Court's rulings in Paragraph E
hereof concerning special equities and joint indebtedness,
the Court makes no award of periodic or lump sum alimony or
support monies to Amy Anne Ritter,but reserves jurisdiction
concerning such matters in the event of a substantial change
in the parties'circumstances.
M.William C.Ritter's prayer for rehabi~itative
alimony is denied..
N.In part because of the parties'conduct
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( !
,.duri~g the cour~
('.\
I ibfthislitigation,Amy'h ...Ie Ritter'shall
•I
be entitled to an award of attbrneys'fe~~and costs fro~
William C.Ritter to 'be taxed upon appropriate motion a'nd
notice.
o.Th~court otherwise generally'reserve~~uris-l .~
diction of the parties and this controveisy to make such
other and further rulings as may be necessary and appropriate
.'
under all of the circumstances•.
P.The Clerk of this court is hereby directed to
seal this file so that it may not be generally reviewed.,
except upon a showing of good cause by anyoth~r person.'
VPONEXPJfVlsTION of THE IJI'1l£foR TAXING ItIY APPEAL rn()Yh TI+.IS 'J1lDG-MENT,
th~~arties will be ~ermitted to withdrav exhibits they have
-Isubmitted,but counsel are directed to maintain int~grity of
such exhibits pending furthe~order of this Court.
DONE AND ORDERED in Chambers,at Miami,Dade
County,Florida,this '.:JvO day of April,1977 .
.......~
CIRCUIT 'COURT JUDGE
Copies furnished to:
GUy B.Bailey,Jr.,Esquire
William H.Peeples,Esquire
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'i.:,',
IN RE:
j
,";:~If';
I',I It.,_,·.f',.:,":",
Marriage of
IN THE CIRCUIT COURT OF T-nE
ELEVENTH JUDICIAL CIRCUIT IN
AND FOR DADE COUNTY,FLORIDA
GENERAL JURISDICTION DIVISION
CASE NO.74-25594 (Ol)
AMY ANNE RITTER,
Petitioner-Wife,
and
WILLIAM c.RITTER,
Respondent-Husband.
'RECORDED
':,oel 2 191e
FINAL JUDG~1ENT DECLARING WILLIAM C.RITTER
UNQUALIFIED TO ACT AS TRUSTEE
THIS CAUSE having come before the Court on certain
disputes between the parties,and the Court having jurisdiction
of the parties and the subject matter,and each party having..
appeared with counsel and having testified'and presented
evide~ce,and the Court having considered said evidence and
having heard argument of counsel,and being otherwise fully
advised in the premises,it is,upon consideration,
ORDERED AND ADJUDGED as follows:
1.Because of certain disputes and other activities
of the parties,William C.Ritter is found and determined
not to be a proper or qualified person to serve as trustee
for any trust in which Amy Anne Weimer Ritter has any beneficial
interest.
2.William C.Ritter is forthwith ordered to
resign and withdraw from any such trust,including,without
limitation,the Walter H.Baker Testamentary Trust for'Amy
Anne Weimer Ritter,U/W#2991 (Bank No.8-12/430,Union
National Bank of Pittsburg,Pennsylvania).
DONE AND ORDERED in Chambers in Hiami,Dade
County,Florida,this ~day of September,1978.
~~CIRCUIT JUDGE
Copies furnished:~H.'0170 PC 988
Mr.William C.Ritter
GUy B.Bailey,~r.,Esq.
,;
t:U/'Il:-'llf 11!~.':HI.J\'(Il/-:[If.!(V,'i 'I
MAllF[)TI'""'IY·'1I.,\"!i 1.:',1',;
DN JJiE DM l Pf.HnRY TII[;,III::
ffv C£22J,_':"
EXHIBIT "B"
A C C E PTA N C E
I,.Evans Rose,Jr.,agree .to accept the appoint-
mentas a Co-Trustee of the Trust under the Will dated
August 26,1946,of Walter H.Baker,for the benefit of
Amy Anne Weimer Ritter.
Evans Rose,Jr.~
EXHIBIT "c"
PRELIMINARY ORDER OF COURT
AND NOW,to-wit,this 17M.•
day of ~
1979,after consideration of the annexed Petition,and upon
motion of Amy Anne Weimer Ritter,by her attorneys,Rose,
Schmidt,Dixon,Hasley,Whyte &Hardesty,it is hereby'
ORDERED and DECREED that the Register of Wills of
Washington County award a citation to William C.Ritte~and
The Union National Bank of Pitts~u~gh to show cause whv t~e
said William C.Ritter should not be removed as individual
Co-Trustee of the Trust for the benefit of Amy Anne Weimer
Ritter,contained in Article SIXTH,Paragraph (e)(2)of the
,
Last Will and Testament of Walter-H.Baker,deceased,and to
show cause why the appointment of Evans Rose,Jr.,as successor
individual Co-Trustee of such Trust should not be confirmed.,
Said citations are returnable the ~2r..-4.day of ~~
~,
1979,and a hearing will be held thereon on the 2,;).¥day
7~~F.-'--~~-----'1979,in Court Room No.~~_-,Washing~on
VCounty Court House,Washington County,Pennsylvania,
M.
of
Notice of the issuance of such citations and the date
set for hearing thereon shall be given to all other parties in
interest.
BY THE COURT
J
':.
FINAL ORDER OF COURT
AND NOW,to-wit,this day of
1979,upon consideration of the annexed Petition,and after
.hearing thereon,this Honorable Court hereby finds that ade-
, IquategroundsexistfortheremovalofWilliamC.Rltter as
Co-Trustee of the Trust for the benefit of Amy Anne Weimer
\
Ritter under Article SIXTH,Paragraph (e)(2)of the Will of
Walter H.Baker,deceased..Accordingly.the .said William'C.
Ritter and The Union National Bank of Pittsburgh are directed
to file an accounting of the Trust within s'ixty (60)days here-
of.After audit and confirmation of such account,WillLaffi C.
Ritter will be removed as Co-Trustee and he will then forth-
with turn over to The Union National Bank of Pittsburgh all
property,books,accounts,papers and monies belonging or re-
lating to the Trust.
It is further ordered that upon the removal of William C.
Ritter as Co-Trustee,Evans Rose,Jr.will succeed to the posi-
tion of Co-Trustee of the Trust for the benefit of Amy Anne
Weimer Ritter.under Article SIXTH,Paragraph (e)(2)of the Will
of Walter H.Baker,deceased.
BY THE COURT
J
IN RE:
In m4r QIourt of QIommnn 'has of lIas4ingtnn QIountg,IIrMsulttania
(@rpqnttS'<!taud mUtisinn
TRUST UNDER WILL OF
DECEASED.
<!tammatt1tttttltl1 af Jtnusylunttia
Qtnunty af lfulJingtnn
WALTER H.BAKER,Qtttatinn
\SS:
NO.63-70-317
I
To:.William C.Ritter
Sur Petition of:Amy Arme Weimer Ritter
~r~~tiU9:
1ft <!tammunb iau,_--IJW....i.....1....1""-Jia....m...........C......---"'-'-Rl....•t.lo<.'t......e.....r _
.that,laying aside all business and excuses whatsoever,you do file in the office
of the Clerk of our Orphans'Court of Washington County,a ful and com-
plete answer,under oath,to each and every·of the averments-of the said
petition,on or before Friday ,the 22nd.day of_-=-J..:::un=e.=...-_
19.12....,at 9:30 o'c1ock..-A...M.,and show cause why the said William
C.Ritter should not be removed as individual Co-Trustee of the Trust
for the benefit of Amy Arme Weimer Ritter,contained in Article SIXTH,
Paragraph (e)(2)of the Last Will and Testament of Walter H.Baker,
deceased,and to show cause why the aP:J20intment of Evans Rose,Jr.,asctiHfcl1fiJeR~~aliffit~rgg~-TcWs~s2itl ~8ftr~IMs\~h~se~,t be confirmed.
If you fail hereof,the petition may be taken PRO CONFESSO and
a decree made against you.
Christopher F.Farrell E___----"'~----'~____:.=____sq.
Attorney for Petitioner.
(Seal)
e ~~e·'.'• •..,,",",...,"..":'••'".,..~,~•••",.•"w."'.".....,",..".'1
I
.In m4t QInurt af Q!ammnn Juas af lIas4iqtnn Q!auntg.JtM.!1!Jltnutia
IN RE:(@rpl1ans'arnurt 1Btnisinn
TRUST UNDER WILL OF
WALTER H.BAKER,<llttuttnu NO.63-70-317
DECE}}SED .}atnmmnnmtnlI!1 nf Jtnnsylnanin (
atnunty nf IInsl1ingtnn )S.6:
To:The Union National Bank of Pittsburgh
Sur Petition of:Amy Anne Weimer Ritter
~rtttiug:
lit Q!nmmmro Inu.The Union National Bank of Pittsburgh
that,laying aside all business and excuses whatsoever,you do file in the office
of the Clerk of our Orphans'Court of Washington .County,a full and com-"
plete answer,under oath,to each and every of the averments-of the said
petition,on or before_F::..:r::...:~=·d=a::.;:y ,the "22nd .day of---.:J=-.:un=e=----_
19~,at 9;30 o'clock-A..M.,and show cause why the said William C.
Ritter should not be removed as individual Co-Trustee of ~he Trust for
the benefit of Amy Anne Weimer Ritter,contained in Articje SIXTH,Paragraph
(e)(2)of the Last Will and Testament of Walter H.Baker)deceased,and
to show cause why the appointment of Evans Rose,Jr.,as successor
individual Co-Trustee of such Trust should not be confirmed.
and further abide the order of our said Court in the premises,
If you fail hereof,the petition may be taken PRO COl\-FESSO and
a decree made against you.
-SAMPEJ.:I;...t RODGERSWITNESStheHonorable~Judge of our said Court,
at Washington,Penna.,the17th.day of_-.&l~.::.=!=.'19 79
Clerk of the Orphans'Co'JI:~
Christopher F.Farrell Esq----=:;.=.;==-.:::;",,=..,-=::..=.--=-..::.--=-==....:::;.:==---.
Attorney for Petitioner.
(Seal)'-'9
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I.N THE COURT Qf..cOMMON ;PLE,l\S
Q~WA.~H~NGTQN .COUN.TY.,;P.ENNA.
OR,l?HA,N$"COURT D~V'~:$J::QN
NO.63~7Q~317 ot 197Q
~/¥-;atJ·
rN RE.;
T:r.ust Under Wt.11 of WALTER
H.BAKER"
Dece.ase.d •
A:FF:;r-DAVl:T'Qr SER,VI,CE
T'---,--..-;:-
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ROSE,SCHMIDT,DIXON,
HASLEY,WHYTE &HARDESTY
900 OLIVER'..~LDlNG
PITTSBURGH,PA,15222
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
Trust Under Will of WALTER
H.BAKER,
Deceased.
No.63-70-317 of 1970
Arthur E.Sachon
AFFIDAVIT OF SERVICE
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF ALLEGHENY
Before me,the undersigned authority,personally appeared
,who,being first duly sworn--------------------
according to law,deposes and says that he personally served a
true and correct copy of the Petition for Removal of Co-Trustee
and Appointment of Successor Co-Trustee and the Citation thereon
per Order of the Honorable Samuel L.Rodgers,dated Ap~il 17,1979,
upon William C.Ritter on the 19th day of April,1979,at 10:30
o'clock A.M.,prevailing time,by handing same to him at
R.D.#2,Knox,Pennsylvania 16232
and that he made known to him the contents thereof,and that all of
the foregoing statements are true and correct according to the best
of his knowledge or as he is informed and believes.
Sworn to and subscribed
before me this ,:;~"'!"
day of 1M£,1979.
;;~!c.~
PATRICIA E.HANSEN,Notary Public
Piflsburgh,Allegheny County,Pa.
My Commission Expires April 12,1982
•
IN THECOU~T or COMMON ?LEAS
.Qf WA$.a~N~.TON.(..CQURT¥f.r.ENN~.~.
ORPHJ\N~~'COURT DJVr.S·I:ON
No~63~70~317 of 1970
)&Od l¥(/'f7
IN RE:
Tx-ust Unde;i.::W.'J:.11 uf W.AL~;BX
H •.BAKER.,
De,ce.a:;:;·ed.
AF;F:J;DJ\VI'T'Qf''SER:V;rCE
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ROSE.SCHMII>T.DIXON,
HASLEY.WHYTE &HARDESTY
900 OLIVER BUILDING
PITTSBURGH,PA.15222 ~\'
,
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
Trust Under Will of WALTER
H.BAKER,
No.63-70-317 of 1970
Deceased.
AFFIDAVIT OF SERVICE
CO~~ONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF ALLEGHENY
Before me,the undersigned au~hority,personally appeared
Arthur E.Sachon ,who,being first d~ly sworn--------------.,...-------
according to law,deposes and says that he personally ~erv~d a
true and correct copy of the Petition for Removal of Co-Trustee
and Appointment of Successor Co-Trustee and the Citation thereon
per Order of the Honorable Samuel L.Rodgers,dated April 17,1979,u~on
Union·:t-la.tiona:lcBank on:.::the _2.Qth.:.dayo"o.f,Apri.l{.:;1979,·;d~a,t·~~)4,~:...~.__.,;..
o'clock A.M.,prevailing time,by handing same to William Angeloff,
CQ;rpopa,te,Of;t;~.ce.;t;'{a,t Co;rpora.t.e,Headqua,r·te:q;,?ittsbu;cgh.;J?a,'•.
and that he made known .to him the contents thereof,and tl:at all of
the foregoing ,statements are true and correct according to the best
of his knowledge or as he is informed and believes.
Sworn to and subscribed
before me this d..O cI:!
day 0rl ~.1979.
Y~jf~
Notary'P,ublic
PATRICIA E.HANSEN,NotClI'V Publk
Pittsburgh,Allegheny County,Pa.
My Commission Expires April 12,1982
.~
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,l:N'TlJE,C~U~T G,f COMMON PLEAS
OF WASH!NGTON CQUNTY,PENNA .
ORPHANS'"COURT OIVTSroN"..'.~73°7
NO.63~70-317 of 1970
IN RE:
Trust Unde~Wlll o£W.ALTER
-H.BAKER,
Oeceas:ed.
AFFIOAVITOFSERVr.CE
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ROSE,SCHMIDT,DIXON,
HASLEY,WHYTE &HARDESTY
900 OLIVER BUILDING
PIITSBURGH,PA,15222
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•SENDER:Complete item;1,2,and 3..,
Add your address in the "REnJRN TO"space on
~erse.
1.The following service is requested (check one).
'0 Show to whom and date delivered............15~
,....o Show to whom,date,&address of delivery..35~o RESTRICTED DELIVERY.
Show to whom and date delivered.............651
0 RESTRICTED DELIVERY.
Show to whom,date,and address of delivery 85~
2.ARTICLE ADDRESSED TO:
Andrew Duncan Ritter
R.D.#2
Knox,Pa.16232
3.ARTICLE DESCRIPTION:
REGISTERED NO.I CERTIFIED NO.I INSURED NO.
721584
(Alweys obtllin slsneture of eddressee or qent)
.I have received the article described above.r\NATURE.0 Add,,~~0 Au,ho,i~d ."..
"-:i ~'1!",'4 X.I if.A7"i(7,f~'/'",;~ffi L
ADA~OF DELIVERY.I POSTMARK71-~5',;Z9
.:5.ADDRESS (Complete only if requested)
6.UNABLE TO DELIVER BECAUSE:CLERK'S
INITIALS
,
ok GOP:1976-0-203-45&
PENAmroitp~rVlrr ..~..--~-
USE TO AVOID PA.YMEN.T--''-'."OF POSTAGE,-UO~_"~'"~.'._.,..,....~.....!I!Il!I!!!i!~.'--..:::::=.--:--_U.S.MAIL.---...........-_~--'---
UNITED STATES POSTAL SERVJCE _
OFFICIAL BUSINESS ~.~)~1;:.......
SENDER INSTRUCTIONS'f.PR C:>'~\
Print your name,address,and ZIP Code in the space below.,.)
•Complete items I,2,and 3 on the reverie:•
•Moisten gummed ends and attach to 'front of articleifspacepermits.Otherwise affix to back of article.•Endorse article "Return Receipt Requestiul'"adja-'cent to number..
RETURN ITO
C.F.Farrell,Esquire
(Name of Sender)
900 Oliver Building
(Street or P.O.Box)
}Pittsburgh,PA 15222
(Cltr,State.and ZIP Code)Rt 1;ter '
.--~•S£NDER:Complete itemi 1,2.and 3.
;;'Add your address in the "RETURN TO"space on3'rtver$e..
1.T~following service is requested (check one).
~Show to whom and date delivered............15;o Show to whom,date,&address of delivery..35;o RESTRICTED DELIVERY.
Show to whom and date delivered 65;o RESTRICTED DELIVERY.
Show to whom,date,and address of delivery 85;
CLERK'SINITIALS
INSURED NO.
..ts GOP,f&-O-203-456
...~
6.UNABLE TO DELIVER BECAUSE:
~----~-
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2.ARTICLE ADDRESSED TO:a Anne Elizabeth Ritter
i 3537 Royal Palm Ave.
:Miami,Fla.33133
~I----------------------I...~
(Name of Sender)
900 Oliver Building
PENALTY FOR PRIVATE
USE TO AVOID PAYMENT
OF POSTAGE,$300
(Street or P.O.Box)
Pittsburgh,PA 15222
RETURN ITO
C.F.Farrell,Esquire
UNITED STATES POSTAL SERVICE
OFFICIAL BUSINESS
SENDER INSTRUCTIONS
Printyour name,address,and ZIP Code in the space below.
•Complete Items I,2.and 3 on the reverse.
•Moisten gummed ends and attach to front of articleifspacepermits.Otherwise affix to back of article.•Endorse article "Return Receipt Requested"adja·cent to number.
t'
(CIt;y.State,and ZIP Code)
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ill •SENDER:Complete item;1.2,.nJ ,".c:'Add your address in the "RETURN TO"space on3.reversc.
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1.The folIowing service is requested (check one).~how to whom and date delivered ~151oShowtowhom,~~!e,&address of delivery..351oRESTRICTEDDELIVERY.
Show to whom and date delivered 65¢o RE'STRICTED DELIVERY.
Show to whom,date,and address of delivery 85¢
32601
INSURED NO.
2.ARTICLE ADDRESSED TO:~Susan Duncan Ritter
i 1821 N.W.7th St.z~Gainesville,Fla.
~I------------:-----------I
PI 3.ARTICLE DESCRIPTION:
~REGISTERED NO.I CERTIFIED NO.
~72158511l1-------..L...-------------1!!l (Alweys obgln slsneture of eddressee o,r ..ent)
PI I have received the article described abO've:;Q9 SIGNATURE 0 Addressee 0 Authorized agent
§
=i\1-::~~............"""""'..................__......."""""'-....-...,....................-1iii6.UNABLE TO DELIVER BECAUSE:CLERK'S
...INITIALS
I:»-;::--:--_.r:-'l<---------------lI:(:(GOP,197?&203-.S6
rI.
""
if UNITED STATES POSTAL SERVICE
OFFICIAL BUSINESS
SENDER INSTRUCTIONS
Printyour name,address,and ZIP Code in the space below.
•Complete items I,2,and 3 on the reverse.
•Moisten gummed ends and attach to front of articleifspacepermits.Otherwise affix to back of article.•Endorse article "Return Receipt Requested"adja·cent to number.
RETURN ITO
PENALTY FOR PRIVATEUSETOAVOIDPAYMENT
OF POSTAGE,$300
.,I
I.
I
I.
I.
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i
C.F.Farrell,Esquire
(Name of Sender)
900 Oliver Building
(Street or P.O.Box)
Pittsburgh,PA 15222
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(City,State,and ZIP Code).Ritt~r
~•SENDER:Complete items 1,2.and 3.
;;'Add your address in the "REruRN TO"space on3.reverse.
CD....a>
1.The following service is requested (check one).
~Show to whom and date delivered 15;o Show to whom,date,&address of delivery..351oRESTRICTEDDELIVERY.
Show to whom and date delivered.............65·¢o RESTRICTED DELIVERY.
Show to whom,date,and address of delivery 85;
CLERK'SINITIALS
POSTMARK
INSURED NO.
-(:(GOP:1976-0-203-456
6.UNABLE TO DELIVER BECAUSE:
2.ARTICLE ADDRESSED TO::u2 Jonathan Baker Ritter
~3537 Royal Palm Ave.
:u Miami,Fla.33133~I----------------------I'"3.ARTICLE DESCRIPTION:
~REGISTERED NO.I CERTIFIED NO.
:u 721581~I-------------~-------I~(Alw8YS obtain slsn.ture of .ddressee or qent)
~I have received the article described above.
'"SIGNATURE 0 Addressee 0 Authorized agent!'
UNITED STATES POSTAL SERVICE
OFFICIAL BUSINESS
SENDER INSTRUCTIONS
Print your name,address,and ZIP Code in the space below.
•Complete items I,2.and 3 on the reve~e.•Moisten gummed ends and attach to front of article
if space permits.Otherwise affix to back of article.
•Endorse article "Return Receipt Requested"adja·
cent to number.
PENALTY FOR PRIVATE
USE TO AVOID PAYMENT
OF POSTAGE.$300
1I
I
.<f
RETURN ITO
c.F.Farrell,Esquire
(Name of Sender)
·f(
~~
900 Oliver Building ~
(Street or P.O.Box)
Pittsburgh,PA 15222
(City.State,and ZIP Code)
R~tter
""j
~•SENDER:Complrte itemi 1,2.and ~.
;;',.....Add YGUr address in the "REruRN TO"space on3.reverse.
3:~...'"....en
1.The following service is requested (check one).~Showto whom and date delivered 15~o Show to whom,date,&address of delivery..35~o RESTRICTED DELIVERY.
Show to whom and date delivered.............65¢o RESTRICTED DELIVERY.
Show to whom,date,and address of delivery.8i¢
2.ARTICLE ADDRESSED TO:~Christopher Burns Ritter
;u Box 0 84 Lehigh University
~Bethlehem,Pa.18105a·-3-.-A-RT-IC-L-E-O-ES-C-R-'-PT-'-O-N-:-------:-}-.-1-:-.-'·
~REGISTERED NO.I CERTIFIED NO.INSURED NO.
..721583
(Always obtain .I«nature of address••or qent).i :
I have received the article described above.
SIGNA Authorized agefl"t
*GOP:197&-0-203-456
,),)
I
RETURN ITO
r..··~-,\l!-:)A'~:-~':--;-;-..p'.I Lily;u;\!d ..'.rio.~"~I)l.•.,..".r-p~'...·.,1 :.~~li:~.''·I"l'''':P 'I !'\~;l:Ul~l \.;i:...1 0.,n:.PENALTY FO~PR vAT
0,E TO AVOID ·PAYMENT r-,(,,y .
<;)OF POSTAGE.$300'•..
C.F.Farrell,Esquire
(Name of Sender)
900 Oliver Building
r ..
(Street or P.O.Box)
Pittsburgh,PA 15222
(City,State,and ZIP Code)Ritter
\
l~r.~S"'E"N~D"'E""R-:C"'0-m-p-'e-te-j-te-m-s-1.-2-.a-n-d""'3-.-------.,
6'Add your address in t~e "RETURN TO"space on3reverse.
POSTMARK
INSURED NO.
co........
~\
c.J~1.The following service is requested (check one).o Show to whom and date delivered __¢o Showto whom,date,and address of delivery..__¢
o RESTRICTED DELIVERY
Show to whom and date delivered __¢
o RESTRICTED DELIVERY~Showto whom,date,and address ofdelivery.$__
--i (CONSULT POSTMASTER FOR FEES)~1-2.-A-R-T-I-C-LE-A-D-D-R-E-S-SE-D-T-O-:---------1
~William Jeffrey Ritter
~c/o 3537 Royal Palm Avenue
.~-Miami,Fla_~.~3",,3.......1>L3>L3 1
~3.ARTICLE DESCRIPTION:
m REGISTERED NO.CERTIFIED NO.~614515
~I-------_....I...._---_-..I.------I
:Xl (Always obtain signature of addressee or agent)ml----'--~----..:-'--------.::..........;,...--I
,0 I have received the article describedabove.
SIGNATURE 0 Addressee 0 Authorized agent
Christopher F.Farrell,Esq.
(Name of Sender)
900 Oliver Building
"(Street or P.O.Box)
\Pittsburgh,PA 15222
\1 (City,State,and ZIP Code)
"<."-?,.t1
UNITED STATES POSTAL SERVICE
OFFICIAL BUSINESS ~
(
f
(
Uo::li.MAIL
~PENALI YFOR PRIVATEUSETOAVOIDPAYMENTOFPOSTAGE,$300
IRETURN
TO
SENDER INSTRUCTIONS
Print your name,address,and ZIP CODE in the space below.•Complete items 1,2,and 3 on the reverse.•Moisten gummed ends and atlach to front of article if spacerpermits.Otherwise affix to back of article.~.•Endorse article "Return Receipt Requested"adjacent tonumber.
/1
•+
~•SENDER:Complete items 1,2.and ~.
;;'Add your address in the "RETURN TO"space on3.reverse.•
1.The following service is requested (check one).
l2r1 Show to whom and date delivered ~151oShowtowhom,~a!e:&address of delivery..351oRESTRICTEDDELIVERY.
Show to whom and date delivered _l!.5¢o RESTRICTED DELIVERY..
Show to whom,date,and address of delivery 85¢
:II 2.e~~lLd tRf~~~~T~i t ter~2925 S.W.28th Place:II
Z Gainesville,Fla.32608:IIa1-3-.-A-R-T-IC-L-E-D-ES-C-R-I-PT-I-O-N-:--------~--....!I
~REGISTERED N0'1_7_~R_IT_~_8E_g>_~..:N,...O'"...-I 1
(Always obtain .Isnature of acidressee or es~t"!)
I have received the article described a !QGW C.
SIGNATURE ~Addre~ce 0 ~~~jj;z'~"a3~9)L
§
:!!1-6-.-U-N-A-B-L-E-T-O-D-E-L-IV-E-R-B-E-CA-U-SE-:-....I-~~~-C-L-E-R-K-·S-O•a iNITIALS
~a..",-_1t__ta__-Iri
-{:(GOP:197&-<>--~03-456 '
_7_;_'~~".••--.'........_,_~'......w.-...._
_4';-'...._.1';;.........../<.",.~
:.'.•<;JI,{}".:..~\.'1;-"-..1.....:.:
UNITED STATES P()~TAL'SEij,XJCE.,/·i
OFFICIAL Blntl,~JS~O ;'~'"
SENDER INSTR~IQMSf...,~
Print your name,address,and ZIP l;ode in'the~pace below.•Complete items I,2,and 3'on the reverse.
•Moisten gummed ends and attach to front of article
if space permits.Olherwise affix 10 back of article.•Endorse article "Return Receipt Requested"adja-cent to number.
RETURN ITO
c.F.Farrell
,.~.---~._.-
(Name of Sender)
'.J I
1
I
I
1
~'
900 Oliver Building
(Street or P.O.Box)
P;t"r"h1l'roh _~__15222
---.--0''I(Clty,State,and ZIP Code).Rltte:r:
,I
Jl".:-S~E~N~D~E~R-:C~o-m-p-le-te~i-te-m-s-l,~2-,a-n~d~3-.-------,'?l Add your address in the "RETURN TO"space on3reverse.
INSURED NO.
"trGfO:1977-0-249-595
t
6.UNABLE TO DELIVER BECAUSE:
co..........
c.>~1.The following service is requested (check one).o Show to whom and date delivered __¢
o Show to whom,date,and addressofdelivery..__¢
o RESTRICTED DELIVERY
Show to whom and date delivered __¢
o RESTRICTED DELIVERY~Showto whom,date,and address of delivery.$__
-;(CONSULT POSTMASTER FOR FEES)
c l--------------------1~2.ARTICLE ADDBESSED TO:
JJ Wilham Jeffrey R1 tter
~c/o 3820 Kwnquat Ave .
.~Miami,Fla.33133
~3.ARTICLE DESCRIPTION:
m REGISTERED NO.CERTIFIED NO.~614516
rril--------....I....--------I.------IJJ(Always obtain signatureofaddressee oragent)m I---~-..;....----=:...---------=--~--I
.9 I have received the article described above.
SIGNATURE 0 Addressee 0 Authorized agent
F'•
(City.State,and ZIP Code)
Christopher F.Farrell,Esq.
900 01 'INaroeaof Sender)lver BUll lng
u.::oo.MAlL
~PENALTY rOR PRIVATEUSETOAVOIOPAYMENTOFPOSTAGE,$300
I
(Street or P.O.Box)
Pittsburgh,PA 15222
RETURN
TO
,)
UNITED STATES POSTAL SERVICE
OFFICIAL BUSINESS
S6NDER INSTRUCTIONS
Print your name,'address,and zip COOE in the space below.•Complete items 1,2,and 3on the reverse.•Milisten 8ummed ends and atlach to front of article if spacepermits.therwise affix to back of arlicle.•Endorse article "Return Receipt Requested"adjacent tonumber.
'1
~
·"
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
Trust Under Will of WALTER
H.BAKER,
Deceased.
)
)
)
)
)
)
No.63-70-317 of 1970
AFFIDAVIT OF SERVICE
COMMOM~EALTH OF PENNSYLVANIA
COUNTY OF ALLEGHENY
)
)
)
SS:
Before me,the undersigned authority,personally appeared Christopher F.Farrell,
who,being first duly sworn according to law,deposes and says that he personally
mailed,by certified mail,a true and correct copy of the Petition for Removal of
Co-Trustee and Appointment of Successor Co-Trustee and the CitEtion thereon,per
Order of the Honorable Samuel L.Rodgers,dated April 17,1979,to the following
parties-in-interest:
Andrew Duncan Ritter
R.D.#2
Knox,Pa.16232
Anne Elizabeth Ritter
3537 Royal Palm Ave.
Miami,Fla.33133
Susan Duncan Ritter
1821 N.W.7th Street
Gainesville,Fla.32601
Jonathan Baker Ritter
3537 Royal Palm Ave
Miami,Fla.33133
Christopher Burns R~tter
Box D 84,Lehigh Un~versity
£ethlehem,Pa.18105
David Michael Ritter
2925 S.W.28th Plac~
Gainesville,Fla.32608
PATRICIA E.HAtJSEtt ~otary Pub:;~
Pilldburgh,Allegheny County,Pa..
My Commission E:-.pircs April 12,1982
William Jeffrey Ritter
3537 Roual Palm Ave.
Miami,Fla.33133
As proof of ,service on the above individuals,attached hereto are the United
States Postal Return Receipts.
ROSE,SCHMIDT,DIXON,HASLEY,WHYTE &HARDESTY
CllI'iStPkT F.FaTrell
Sworn and subscribed before
me this jlJ'f!:day of May,1979.
~ILJ
Notary Public
"
R.MICHAEL DANIEL
BUCHANAN,INGERSOLL,RODEWALD,
KYLE 8<BUERGER
57TH FLOOR -600 GRANT ST,
PITISBURGH,PA:15219
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~N THE COURT qr.COMMON ?LEAS
Of'WASH.:LNGTON COWr.y'~.fENNA ...
NO.63~70~317 o£1970
IN REt
Trust Unde~Wt,11 o~WALTKR
H,BAKER,
D:e.ceas·e.d 0.
FlNA,L ORDER Of CC)URT
Chiis,toph.e.:r F...Far~e11?Es:qut.re
ROSE,SCHMIDT,DIXON,
HASLEY,WHYTE &HARDESTY
900 OLIVER BUILDING
PITISBURGH.PAc 15222
/;<3-5 71
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORP1~NS'COURT DIVISION
FINAL ORDER OF
IN RE:
Trust Under Will of WALTER
H.BAKER,
Deceased.
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)
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,-)
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AND NOW,to-wit,this ~ftDt day of -,~~:.-.-,1979,
upon motion of Amy Anne Weimer Ritter,and after hearing thereon,
it is hereby ORDERED and DECREED that William C.Ritter is
removed as Individual ,Co-Trustee of the Trust for the benefit
of Amy Anne Weimer Ritter under Article SIXTH,Paragraph (e)(2)
of the Will of Walter H.Baker,Deceased.Accordingly,The'Union
National Bank of Pittsburgh and William C.Ritter are directed to
file an accounting of the Trust within sixty (60)days hereof,and
the said William C.Ritter will forthwith turn over to The Union
National Bank of Pittsburgh all property,books,accounts,papers
and monies belonging or relating to the Trust.
It is further ORDERED and DECREED that the appointment of
Evans Rose,Jr.as successor Individual Co-Trustee of the Trust
for the benefit of Amy Anne Weimer Ritter under Article SIXTH,
Paragraph (e)(2)of the Will of Walter H.Baker,Deceased is
hereby confirmed and Evans Rose,Jr.is to succeed to such position
effective immediately.
--
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II IN
WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
NO.63-70-317
-oJ
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ESTATE OF
WALTEB H.BAKER,DECEASED
THIRD AND PARTIAL ACCOUNT
OF
THE UNION NATIONAL BANK
OF PITTSBURGH
ONE OF THE TRpSTEES
~NDER PARAGRAPH SIXTH (e),(2)
OF THE WILL
TRUST FOR
AMY ANNE W.RITTER
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BALANCE DUE $186,645.04
Yo L J?tf 'a'~L/--31./-
BOaM 1'40'"
Robert F.Patton,Esquire
Buchanan,Ingersoll,Rodewald,
Kyle and BU81~ger
600 Grant Street 57th Floor
Pittsburgh,Pennsylvania·15219
562-8800
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
NO.63-70-317
ESTATE OF WALTER H.BAKER,DECEASED
THIRD AND PARTIAL ACCOUNT
OF
WILLIAM C.RITTER,SUCCESSOR INDIVIDUAL TRUSTEE
AND
THE UNION NATIONAL BANK OF PITTSBURGH
SURVIVING TRUSTEE UNDER PARAGRAPH SIXTH (e),(2)OF THE WILL
TRUST FOR
AMY ANNE W.RITTER
JulJ~6,1979
SUMMARY
SCHEDULE A
PRINCIPAL . -PERSONALTY
Pages 3 - 6Receipts
Disbursements
Receipts
Disbursements
Pages 6 - 7
BALANCE
SCHEDULE B
INCOME .-PERSONALTY
Page 8
Page 8
BALANCE
NET BALANCE
.189 ,087 59
2,242 55
186,845 04
.
7,016 11
7,016 11 ~0 00
186,845 04
The Balance Consists of the Following:
Principal -Personalty
Stocks
American Telephone and Telegraph Company
258 shares Common
Coca-Cola Company
95 shares Common
Cyclops Corporation
21,793 shares Common
Dravo Corporation
200 shares Common
General Motors Corporation
289 shares Common
Gulf Oil Corporation442sharesCapital
National Steel Corporation
300 shares Common
Texaco,Incorporated
1,233 shares Capital
,,
I
9,567 67
3,949 35
95,800 90
4,381 16
3,115 79
14,618 59
3,724 43
6,884 29
1.:,.
ESTATE OF WALTER H BAKER DECEASED.!;
!Stocks (continued)
:The Union National Bank of Pittsburgh
561 shares Capital 5,498 75
,
147,540 ~3
Bond--
Federal Farm Credit Banks 8.45%
$10,000 dated 9/5/78 due 4/1/82 10,000 PO
,Note--
United States of America Treasury 6.875%
$30,000 dated 8/16/76 due 8/15/79 29,972 10
187,513 03
Less amount due Accountant for Administrative
Expenses 667 99
186,845 04
I
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,
II
:
-2-
••I
ESTATE OF WALTER H BAKRR s ..:
SCHEDULE A
PRINCIPAL -PERSONALTY
R E C E I P T S
William C.Ritter and The Union National Bank of
Pittsburgh,Trustees Under the Will of Walter H.
Baker,Deceased,Trust for Amy Anne W.Ritter
Amount awarded by Decree of Distribution dated
September 24,1975 at No.317 of 1970.in the
Court of Common Pleas of Washington County,
Pennsylvania,Orphans'Court Division for further
administration and accounting
Stocks
American Telephone and Telegraph Company
143 shares Common 4,245 97
Anaconda Company
81 shares Common 1,240 82
Cyclops Corporation
10,860 shares Common 71,609 75
!Duquesne Light Company,
150 shares Common 2,837 81
General Motors Corporation I
218 shares Common 2,385 26
Gulf Oil Corporation
330 shares Capital 10,914 .34
National Steel Corporation .
225 shares Common 2,793 32
ITexaco,Incorporated I
I960sharesCapital5,281 18 ,
The Union National Bank of Pittsburgh I
420 shares Capital 4,116 71
Notes
United States of America Treasury 7 1/2%I
$30,000 dated 10/1/69 due 8/15/76 30,825 00
United States of America Treasury 8 3/4%I$10,000 dated 5/15/74 due 8/15/78 10,007 00 I
ISavingsAccount
The Union National Bank of Pittsburgh
Master Savings Account 5,100 00
Cash 560 62
151,917 78
-3-
----
,
'."..,...1.:',-
ESTATE OF WALTER H.BAKER,DECEASED
Additional Assets
William G.Stewart,Successor Individual Trustee
and The Union National Bank of Pittsburgh,
Surviving Trustee Under the Will,Trust for Anne
Baker Weimer
I
Amount awarded by Decree of Distribution dated I
October 21,1975 at No.63-70-313 in the Court
IofCommonPleasofWashingtonCounty,
Pennsylvania,Orphans'Court Division I II
I I
IStocksI
American Telephone and Telegraph Company
47 shares Common 1,395 53
Anaconda Company
27 shares Common 413 60 I
Cyclops Corporation II
3,669 shares Common 24 J 191 15
Duquesne Light Company
50 shares Common 945 93
General Motors Corporation
71 shares Common 730 53
Gulf Oil Corporation
112 shares Capital 3,704 25
National Steel Corporation
75 shares Common 931 1.
Texaco,Incorporated
I273sharesCapital1,603 ,1',I
The Union National Bank of Pittsburgh
141 shares Capital 1,382 04
Notes I
I
United States of America Treasury 7.50%I
$1,000 dated 10/1/69 due 8/15/76 1,022 44
Proceeds sale $1,000 p.v.United States of
America Treasury Notes 7.50%
dated 10/1/69 due 8/15/76 990.00
Cash 143.09
1,133.09
Subject to payment of pro rata
share of termination expenses 715.00
.418.09 ILess:New York Transfer Tax on I
27 shares of Anaconda
Company received in Trust .85
417 2£·
-4-36,736 92.
42,71
1 9 7 6,
July 26
ESTATE OF WALTER H,BAKER,DECEASED
Additional Assets (continued)
Proceeds on sale of 1/8 share in 12,5 acres
undivided interest in coal land,Phillips
Tract 128,13
Proceeds on sale of 1/24 share in 12,5 acres
undivided interest in coal land,Phillips
Tract 42,71
170,84
Less:Amy's 1/4 share of proceeds under
Paragraph Sixth (e)(1),(3)of
the Will
Puchase of Assets
Stocks
American Telephone and Teiegraph Company
Common
1/16/76 26 shares at 53 5/8 1,419,00
2/9/76 8 shares at 54 5/8 447.11
8/10/76 34 shares at 59 3/4 2,060.06
68 shares 3,926.17
128 13
36,865 06
i.,i••
ESTATE OF WALTER H BAKER DECEASED.!;
Withdrawals -Savings ACGount
Proceeds withdrawals
The,Union National Bank of Pittsburgh
Master Savings Account I4/29/76 3,400.00 !
8/17/76 1,700.00 I
,5,100.00
Carrying value 5,100.00
0 00
Stocks Split
ICyclopsCorporation
ICormnon
Received as a Stock Split ,
2/1/79 3 for 2 on 3,669 shares I
held 1,834.50 shares I
2/5/79 3 for 2 on 10,860 shares I
,
held 5,430.00 shares I7,264.50 shares 0 00 II
Gain on Sale and Conversion of Assets I
1 976
Jan.16 Net proceeds sale -81 shares
Anaconda Company
Cormnon Stock at 18 1,432.47
Carrying value 1,240.82 I
191 65
Feb.6 Net proceeds sale -27 shares
Ananconda Company
,Cormnon Stock at 19 5/8 518.31
Carrying value 413.60
104 71
191 9
Feb.12 Proceeds sale -.50 share
Cyclops Corporation
Cormnon Stock at 16.80 8.39
Carrying'value 0.00--8 29
304 75
189,087 59
DIS BUR S E MEN T S
I
Administrative Expenses
1 976 "Jan.13 Internal Revenue Service ,
1975 Federal Fiduciary Income Tax 10 20
Jan.14 Pennsylvania Department of Revenue
1975 Pennsylvania Fiduciary Income Tax 3 11
-6-
..''.I'."••
ESTATE OF WALTER H.BAKER DECEASED
,
Administrative Expenses (continued)
197 9
July 6 Clerk of Orphans'Court of Washington County,I
Pennsylvania i
Cost of filing this account 105 01)I
.
Buchanan,Ingersoll,Rodewald,Kyle and Buerger
I Attorneys'fee re hearing and accounting 500 00
i The Union National Bank of Pittsburgh i
Accountant's compensation re accounting 500 00
1,118 91
I
Loss on Sale and Conversion of Assets
1 976
Aug.16 Proceeds maturity -$31,000
Unit~d States of America Treasury Notes 7.50%,
dated 10/1/69 due 8/15/76 31,000.00
Carrying value 31,847.44
847 4~
1 978
Apr.17 Net proceeds sale -200 shares
Duquesne Light Company
Common Stock at 17 7/8 3,514.54 I
Carrying value 3,783.74
269 20
Aug.1~Proceeds maturity -$10,000
United States of America Treasury Notes 8.75%
dated 5/15/74 due 8/15/78 10,000.00
Carrying value 10,007.00
7 00
1,123 64 I
I
2,242 55 I,I
i
i
.
-7-
'.,
ESTATE OF WALTER H BAKER DEC~ASED.,~;
SCHEDULE B
INCOME -PERSONALTY
$1,994.96 being amoupt awarded by Decree of
Distribution dated September 24,1975 at
No.317 of 1970 and all income received and I
disbursements made to June 30,1979 (date of last I
,Quarterly Statement)have been accounted for by I
Quarterly Statements rendered Amy Anne W.Ritter and
William C.Ritter
I R E C E I P T S
I
Balance in accordance with ·last Quarterly Statement
dated June 30,1979 1,852 60
Dividends -Stocks
American Telephone and Telegraph Company
Common
258 shares 7/2/79 322 50,\
Coca-Cola Company
Common I
95 shares 7/3/79 .46 55 ,
Cyclops Corporation
Common·
21,793 shares 7/2/79 4,794 56
5,163 51
7,016 11
DIS BUR S E MEN T S
Administrative Expense
197 9
July 6 The Union National Bank of Pittsburgh
Accountant's compensation
4/1/79 -7/6/79 206 96 ,
,
,
Distribution
Distribution in accordance with Paragraph Sixth
(e)(1}Under the Will
Amy Anne W.Ritter
Quarterly distribution
7/3/79 6,809 15
7,016 11
i
,
I
I
I
-8-
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF ALLEGHENY
WILLIAM C.RITTER,one of the above named accountant being duly
sworn according to law deposes and says that the disbursements shown in
the account have been made to the parties entitled thereto and :hat the
account as stated is true and correct as he verY~.rrireS.?_/I)
(JUJJl f O~L
William C.RitJer
Sworn and subscribed before me this r2.f~day of_.l",a~~~=----;----1979.
Accountant requests that distribution be determined by the Court in
accordance with the Petition for Distribution to be offered in ~vidence at
the audit of this account.
William C.Ritter
".
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF ALLEGHENY
FRANK"M.LYLE,Vice President ,of THE UNION NATIONAL BANK OF-PITTSBURGH,
the above named Accountant,being duly sworn according 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-and correct as he,veriiy
...
believes.
Sworn and subscribed before me this 1-/~day of'_--I?lry~:::::f'~=:::~'1979.-
REQUEST FOR DISTRIBUTION
Accountant requests that distribution be determined by the Cour~in
accordance with the Petition for Distribution to be offered in evidence a~the audit
of this account.
THE UNION NATIONAL BANK OF P2TTSBURGH
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~n tlft (!tom of Q!DUtUUtn 'lrns of Ifns~ingtnn Gbnmty.
Jrnnsylnanin.~rp~uns'atom lJitrisiDn
ESTATE OF
WAJ.!TER_JI.BAKER,DECE!AS!D
~ST UNDER WILL FOR
AMY ANNE WEIMER RITTER
No 63-70-317.---..:_...;.;;.;~-=--~---------
In the matter of the Third and Partial
Account of William C.Ritter"Successor Indiv.idua1 I
Trustee and The Union Natio~a1 Bank of Pittsburgh,Surviving Trustee Under the Will
J.
ADJUDICATION AND DECREE
December .3 ..And now ,19-1..2....-,thiS matter came on for heaYlng,
audit and distribution at this session and testimony takenj and thereupon,upon due consideration
thereof the balance for distribution In the hands oT the Accountant is deter-nined to be
$187,754.82 ond the account is accordingly confirmed;ane it is ordered,
adjudged and decreed that the said balance be paid out by the Accountant in accordance with the
schedule of distribution hereto attached and made a part hereof,unless exceptions hereto be filed
sec.reg.or on appeal be token herefrom sec.leg.
BY THE COURT:
---------------------~~
SCHEDULE OF DISTRIBUTION
Balance per account _
Debits asked at audit
~redits asked at audit
801once:_
Deduct Clerk's Costs &Recelpts _
At'torney Robert F.Patton,Buchanan,Ingersoll,Rodewald,
Kyle,and Buerger
TO:Evans Rose,Jr.,Successor Individual Trustee and
The Union National Bank of Pittsburgh,Surviving
Trustee Under the Will,Trust for Amy Anne Weimer
Ritter,for further administration and accounting,
the following assets:
Principal-Personalty I
258 shares American Telephone and Telegraph I'
Company Common '9,567.67
95 shares Coca-Cola Company Common ,3,949.35
21,793 shares Cyclops Corporation Common 95,8°.°.901
200 shares Dravo Corporation,Common 4,381.16
289 shares General Motors Corporation .I
Common .3,115.79
400 shares Gulf Oil Corporation
Capital 13,229.49
300 shares National St'e'el Corporation I
Common 3,724.43'
1,233 shares Texaco,Incorporated
Capital 6,884.29
561 shares The Union National Bank
of Pittsburgh Capital 5,498.75
$10,000 par value Federal Farm Credit
Banks Bond 8.45%dated 9/5/78
due 4/1/82 10,000.00
$30,000 par value Montgomery County,
Pennsylvania Community College
Authority Revenue 5.20%Bonds
dated 9/16/79 due 9/1/85 30,000.00
$700 Federated Trust for Short-Term
United States Government Securities 700.00
Principal cash 8.72
186,860.55
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ESTATE OF N 63-70-317o.__...-..:~~",--"~_
WAJ!TER _.J.I-!-~AKER,DEC~AS~A._
~ST UNDER WILL FOR
AMY ANNE WEIMER'RITTER
In the matter of the Third and Partial
Account of William C.Ritter,Successor Indiyidual I
Trustee and The Union National Bank of Pittsburgh,
Surviving Trustee Under the Will
ADJUDICATION AND DECREE
,December.3 ''And now ,19--7.L,thIs matter came on for hearing,
audit and distribution at this session and testimony takenj and thereupon,upon due consideration
thereof the balance for distribution In the hands ot the Accountant is determined to be
$187,754.82 and the account is accordingly confirmed;and it is ordered,
adjudged and decreed thot the said balance be paid out by the Accountant in accordance with the
schedule of distribution hereto attached and made a part hereof,unless exceptions hereto be filed
sec.reg.or on appeal be taken herefrom sec.leg.
BY THE COURT:-----_._-------------
J.
SCHEDULE OF DISTRIBUTION
Balance per account ~_
Debits asked at audit
Credits asked at audit
80Iance:_
Deduct Clerk's Costs &Recelpts'--_
At'torney Robert F.Patton,Buchanan,Ingersoll,Rodewald,
Kyle,and Buerger
6,884.29
10,000.00
30,000.OC
700.00
8.72
I
3,724.43'
13,229.49
Evans Rose,Jr.,Successor Individual Trustee ,and
The Union National Bank of Pittsburgh,Surviving
Trustee Under the Will,Trust 'for Amy Anne Weimer
Ritter,for further administration and accounting,
the following assets:
Principal-Personalty I
258 shares American Telephone and Telegraph I'
Company Common '9,567.67
95'shares Coca-Cola Company Common .3,949.352l,79~shares ,Cyclops Corpora~ion Common 95,800.90 /
200,shares Dravo Corporation,Common 4,3$1.16
289 shares General Motors Corporation I
Common 3,115.791
400 shares Gulf Oil Corporation
Capital
300 shares National St'eel Corporation
Common
1,233 shares Texaco,Incorporated
Capital
5~1 shares The Union National Bank
of Pittsburgh Capital
$10,000 par value Federal Farm Credit
B~ks Bond 8.45%dated 9/5/78
due 4/1/82
$30,000 par value Montgomery County,
Pennsylvania Community College
Authority Revenue 5.20%Bonds
dated 9/16/79 due 9/1/85
$700 Federated Trust for Short-Term
United States Government Securities
Principal cash
TO:
186,860.55
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Form OC Div.91
j
No63-70-317 (~X~_X__
11n tl1t (@rpl1unB'aIourt !inision of thrWl\~HINGTON(!tourt of aIommon ,trus of ~~~'D!f
<nounty 'rnnsylnania
RITTER)nEOII:ASEO
3Jn t~r tlattrr of t~r£stntr of \
WALTER H.BAKER,DECEASEd,
FOR AMY ANNE W.LEVIN )
(FORMERLY AMY ANNE W.
i'now All mrn my ijJ~rsr lIJrl'srnts.that NORTHERN TRUST BANK OF E'LORIDA
do hereby acknowledge to ha ve recei \'cd from The Union National Bank of
-LP.6i~t~t.2s/:;!.b~u.!o.r..:;lg~h:..r.r~T-=r~u~s~t::..::e::..::e::..-t he sum of
,:(EXECOTOH-ADMINISTHA'I'OH-'I'HUS'I'I':E-OUAHDIAN)-.....
)Dollars____.....Su,to.!ooo!.!oocUlk.....sL..-($152 ,105.32
Bonds 80,000.00
principal cash 1,678.82and------,Ir-;;n"'c"'o"'m;;;e"'c"i"a~s.....htor-------------i8~5:r.~lh4It---------
Less fees per Decree 29,400.00
$204,469 28
in full of the amount awarded me under the decree of the Orphans'Court Division of the Court
of Common Pleas of Allegheny County,Pennsylvania,entered at the above number.
And I do further authorize and direct the Clerk of the Orphans'Court Division to
enter a receipt on the Audit Docket in my name,place and stead,
Illitnrss my hand and seal this !ltid"~'of ~,19 f'5.
.!'J _~rJ~!lICE P~ESIDENI
\V i t ness:-bUJ.>.:."¥-I-"-"-.LLo-:........:::::::L-"'fI'oJ-o<..!("""'-O-----l""4.<'-"--''''T-.(SLA1..,
NORTHERN BANK TRUST COMPANY
OF FLORIDA
{I
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\..~..,,0 NO.63-70-317 ~
\l
AUDIT VOL._
I{rrript
ESTATE OF
PAGE__
L
WALTER H.BAKER,DECEASED,
FOR NYri ANNE W.LEVIN
(ffiRMERLY NYri WNNE W.RITl'ER)
DECEASED
t~LED
./2 -'-~~/tl /??s-
.~'/(':7'".8'01.';7
\
•.'1 ~EGJSTER Of WillS;
I.,
j:...•"('File'cf :...~\__,--'-_\.<'.!Fee ~,':-....L--.,
A~torne~::,James Urrmer,Esqlljre.. .Buchanan,Ingersoll,P.c.
Address -.:-:--.J?700 U.S.Steen,Bliilding
Pittsburgh,PA 15219
L'','J_(-----'
Ir
The Union National Bank of Pittsburgh
Pittsburgh,Pa.15278
412644 8501
UnionNationalBank
June 7,1985
J"seph E,Wolny
Assistant Vice Presid'ent
Kathleen F.Reda,
Register of Wills
and Clerk of Orphans'
Court
Washington County Courthouse
Washington,PA 15301
In re:Walter H.Baker,Deceased,for Amy Anne W.Levin
No.63-70-317
Dear Ms.Reda::
Attached is an Orphans'Court Receipt for the distribution under the
Walter H.Baker Trust as per the Adjudication and Decree.Please'enter this
Court Receipt in your records.
If you have any questions,please feel free to contact me.
Very truly yours,
?J::t E~:!::t
Assistant Vice President
JEW:jat
Enclosure
IfH02991000
(P3-7()-317 J
IN THE CIRCUIT COURT IN AND
FOR THE ELEVENTH JUDI:IAL
CIRCUIT DADE COUNTY,FLORIDA
IN RE
ANNE A.DUNCAN'TRUST
"BAKER TRUST"FOR.AMY
ANNE W.LEVIN (FORMERLY
AMY ANNE W.RITTER)
File No.:<t?5-'76t..j}
Div.No.:OJ
Fla.Bar No.:~28982
Order Of This Court Assuming
Jurisdiction Of The Trust In
Order To Comply With Pennsylvania
Court Order And To.Appoint
Successor Co-Trustee
On the petition of ELAINE DOYLE ROSEMOND,attorney-for AMY
ANNE .WEIMER LEVIN,the primary beneficiary of the above re:ferenced
trust and the party therein given·the power to change the Trust's
situs and the proper party to appoint a successor'individual
Co-Trustee,that an Order be entered whereby this Court assumes
jurisdiction of the Trust in order to comply with·Pennsylvania
Court Order and to appoint successor Co-Trustee,the Court being
.fully advised 'in the premises,it'is ADJUDGED that this Court
assumes jurisdiction of the above referenced Trust and appoints
E.
ORDERED this
essor
of
thereof.
LAW OfFICES ELAINE DOYLE ROSEMOND,2127 BRICKELL AVENUE,MIAMI,fLORIDA 33129·TELEPHONES 856-2219.854-0629
.t·
COMMONWEALTH OF PENNSYLVANIA
SS:
COUNTY OF ALLEGHENY
GILBERT L.HAAG,Vice President of THE UNION NATIONAL B~~K OF
..,
I
PITTSBURGH,the above named accountant being dUly sworn according
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 and correct as he verily believes.
1984.
Y ub ic
NANCY L HIR N07ARY PUBLIC
PITTSBURGH,ALLEGHENY COUNTT
MY COMMISSION EXPIRES,JUNE 30,19~
REQUEST FOR DISTRIBrrrfl~bffnnsYlvania Association of-Notaries
~"""t---
Sworn and subscribed before me this a(~day of ~
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 Bk~K OF PITTSBURGH
BY
Wcshington COWLty,53,
I do certify that I 1ta~Je giJJzn ICI;nllJ'l!Jtice to aU personS.,-
d f I t.,.fl··1 ...j-I_",jconcerne0tl.e ]'l!.li1.g or tne c:.V;;d,m r.:C.f:Gu::da.:·lt;£mannerY'''-''d
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scribed by Statue and Eulz of C:;:".·~I .G$£Z'Jl3Enced by Proof~
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
WALTER H.BAKER,
DECEASED
ORPHANS'COURT DIVISION
NO.63-70-317
FOURTH AND FINAL ACCOUNT
OF EVANS ROSE,JR.
SUCCESSOR INDIVIDUAL
TRUSTEE AND THE UNION
NATIONAL BANK OF
PITTSBURGH,SURVIVING
TRUSTEE UNDER PARAGRAPH
(e)(2)OF THE WILL
"CODE "'-----------TRUST UNDER THE WILL
FILED ON BEHALF OF WALTER
H.BAKER,DECEASED
COUNSEL OF RECORD
JAMES W.UMMER,ESQUIRE
PA.1.0.#16428
BUCHANAN INGERSOLL
PROFESSIONAL CORPORATION
FIRM #038
UNITED STATES STEEL BUILDING
57TH FLOOR
600 GRANT STREET
PITTSBURGH,PENNSYLVANIA 15219
(412)562-8923
(412)562-8800
VOL,1ft.!~.J.tf7-;;..5f
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THE KILLI
,
•TO APRIL 3,1984
I
,
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION j
NO.63-70-317
WALTER H.BAKER,DECEASED
FOURTH AND FINAL ACCOUNT
OF
EVANS ROSE,JR.,SUCCESSOR INDIVIDUAL TRUSTEE
AND
THE UNION NATIONAL BANK OF PITTSBURGH
SURVIVING TRUSTEE UNDER PARAGRAPH SIXTH (e)(2)OF
TRUST FOR
AMY ANNE LEVIN
ACCOUNT STATED FROM DECEMBER 3,1979
),·,
t
SUMMARY AND INDEX •iPagesIPRINCIPAL-PERSONALTY
I·Receipts 4-5 $186,860 55 /.
No Gain or Loss on.Surrenders 5-6 0 00 ,
Net Gain on Conversions 6-.1 65,686 35 VI
i
",
Sub-Total $252,546 90 I
Less Disbursements 7-8 48,875 13 /1
Investments 8 ·
Capital Changes 8-10 ,,
:rPrincipalBalanceRemaining~203,671 77
INCOME PERSONALTY ,-
IReceipts10$0 00 ,
Less Disbursements 10 0 00 ,
Income Balance Remaining 0 00
5203,671 77 i/COMBINED BALANCE REMAINING
\
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WALTER H.BAKER,DECEASED
COMPOSITION OF NET BALANCES
PRINCIPAL -PERSONALTY
Stocks
Mean Market
Value as of
4/2/84
Account
Value
25 shares American Information
Technologies Corporation,Common
258 shares American Telephone and
-Telegraph Company,Common
25 shares Bell Atlantic Corporation,
Common
25 shares Bell South Corporation,Common
64 shares Coca-Cola Company,Common
19,000 shares Cyclops Corporation,Common
300 shares Dravo Corporation,Common
443 shares Exxon Corporation,Capital
300 shares National Intergroup,
Incorporated,Common
25 shares NYNEX Corporatio~,Common
25 shares Pacific Telesis Group,Common
25 shares Southwestern "Bell Corporation,
Common
1;233 shares Texaco,Incorporated,Common
748 shares Union National Corporation,
Common
25 shares United States West,
Incorporated,Common
Bonds
$1,632 81 $951 48
4,047 37 2,726 40
1,742 18 956 61
2,285 93 1,234 19
35,970 00 22,689 94
667,375 00 83,522 89
4,068 75 4,381 16
17,083 18 16,962 47
9,093 75 3,724 43
1,492 18 897 64
1,429 68 809 64
1,423 43 865 43
48,934 68 6,884 29
4,768 50 5,498 75
1,435 93 815 53
$30,000 Montgomery County,Pennsylvania
Community Guaranteed College Authority
Revenue 5.20%dated 9/16/79 due 9/1/85
$50,000 Norristown,Pennsylvania Area
School District 6.70%dated 3/1/80 due
3/1/90
-2-
29,226 00
45,450 00
30,000 00
50,000 00
------------------------------------- i
,,
WALTER H.BAKER,DECEASED
.
PRINCIPAL -PERSONALTY Mean Market
(continued)Value as of Account I
4/2/84 Value
Temporary Investment
$9~900 Federated Trust for Short-Term
IUnitedStatesGovernmentSecurities
(Treat as Cash)$9,900 00 $9,900 00
$887,359 37 $242,820 85 t./'
Less Amount due Accountant for ~c \~.\~
Administrative Expenses u~39,149 08 39,149 08
TOTAL PRINCIPAL $848,210 29 v $203,671 77 V'
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WALTER H.BAKER,DECEASED
PRINCIPAL -PERSONALTY
RECEIPTS
William C.Ritter,Successor Individual
Trustee and The Union National Bank of
Pittsburgh,Surviving Trustee under the
Will of Walter H.Baker,Deceased,Trust
for Amy Anne W.Ritter
Amount awarded by Adjudication and Decree
dated December 3,1979 at No.63-70-317
in the Court of Common Pleas of
Washington County,Pennsylvania,Orphans'
Court Division for further administration
and accounting
Stocks
.258 shares American Telephone and
Telegraph Company,Common
95 shares Coca-Cola Company,Common
21,793 shares Cyclops Corporation,
Common
200 shares Dravo Corporation,Common
289 shares General Motors
Corporation,Common
400 shares Gulf Oil Corporation,
Capital
300 shares National Steel Corporation
Common
1,233 shares Texaco,Incorporated,
Common
561 shares The Union National Bank
of Pittsburgh,Capital
Bonds
$10,000 Federal Farm Credit Banks
8.45%dated 9/5/78 due 4/1/82
$30,000 Montgomery County,
Pennsylvania Community Guaranteed
College Authority Revenue 5.20%
dated 9/16/79 due 9/1/85
-4-
$9,567 67
3,949 35
95,800 90
4,381 16
3,115 79
13,229 49-
3,724 43
6,884 29
5,498 75
10,000 00
30,000 00
WALTER H.BAKER,DECEASED
RECEIPTS
(continued)
William C~Ritter,Successor Individual
Trustee and The Union National Bank of
Pittsbu~gh,Surviving Trustee under the
Will of Walter H.Baker,Deceased,Trust
for Amy Anne W.Ritter (continued)
Amount awarded by Adjudication and Decree
dated December 3,1979 at No.63-70-317
in the Court of Common Pleas of
Washington County,Pennsylvania,Orphans'
Court Division for further administration
and accounting (continued)
Temporary Investment
$700 Federated,,"Trust for'Short-Term
United States Government Securities -$700 00,
-/
Cash
TOTAL PRINCIPAL RECEIPTS
$186,851 83
8 72:
$186,860 55 v1
I
2/22/84
SURRENDER FOR EXCHANGE
Surrendered
258 shares American Telephone
and Telegraph Company,Common
Carrying value $9,567.67
Gain Loss
Received in lieu of above
258 shares American
Telephone and Telegraph
Company,Common,$2,726.40
25.8 shares American
Information Technologies
Corporation,Common 988.74
1,003.50
1,294.69
,
941.64
849.33
-5-,
,
25.8 sha~es Pacific
Telesis Group,Common
25.8 shares Bell
Atlantic Corporation,
Common
25.8 shares NYNEX
Corporation,Common
25.8 shares Bell South
Corporation,Common
-.1
WALTER H.BAKER,DECEASED
SURRENDER FOR EXCHANGE
(continued)
Received in lieu of abo~e (continued)
25.8 shares Southwestern
Bell ·Corporation,.
Common $907.86
Gain Loss
25.8 shares United
States West,
Incorporated,Common 855.51
$9,567 .67 I------+----+lf-------+---
No Gain or Loss Transferred to Summary Pagel====-===F==#====-===4===
PRINCIPAL CONVERSIONS INTO CASH
1/2/80
1/2/80
1/9/80
4/1/82
12/8/83
1,463 shares Cyclops
Corporation,Common
Net proceeds
Carrying value
289 shares General Motors
Corporation,Common
Net proceeds
Decreed at
1,330 shares Cyclops
Corporation,Common
Net proceeds
Carrying value
$10,000 Federal Farm Credit
Banks Bond 8.45%dated
9/5/78 due 4/1/82
Matured
Decreed at
400 shares Gulf Oil
Corporation,Capital
.Net proceeds
Decreed at
$31,212.65
6,431.34
$14,199.18
3,115.79
$31,840.17
5,846.67
$10,000.00
10,000.00
$16,997.81
13,229.49
Gain
$24,781 31
11,083 39
25,993 50
3,768 32
Loss
3/12/84 .80 share American Information
Technologies Corporation,Common
Redeemed $
Carrying value
52.96
'37.26 15 70
3/12/84 .80 share Bell Atlantic
Corp0ration,Common
Redeemed
Carry-ing value
$
-6-
56.25
46.89 9.35
I~·•.---1
WALTER H BAKER DECEASED.,
PRINCIPAL CONVERSIONS INTO CASH
(continued)Gain Loss----
3/12/84 .80 share Bell South
Corporation,Common
Redeemed $74.73
Carrying value 60.50 $14 23 v -
3/12/84 .80 share NYNEX
Corporation,Common
Redeemed $48.89 vCarryingvalue44.00 4 89 -
3/12/84 .80 share Pacific Telesis ,
Group,Common
Redeemed $44.03 vCarryingvalue39.69 4 34 -
3/12/84 .80 share Southwestern
Bell Corporation,Common
Redeemed $47.01 vCarryingvalue42.43 4 5B -
3/12/84 .80 share United States
West,Incorporated,Common
Redeemed $46.71
Carrying value 39.98 6 73--
$78,000 Federated Trust 'for
.Short-Term United States
Government Securities
Redeemed 1/24/80 -10/6/83 $78,000.00
Carrying value 78,000.00 --
TOTALS $65,686 35 v -;/
Net Gain Transferred to Summary Page -$65,686 35
PRINCIPAL -PERSONALTY
DISBURSEMENTS
1/14/81 Internal Revenue Service
Federal Fiduciary Income Tax for
the fiscal year ended 9/30/80 $8,683 98
1/14/81 Pennsylvania Department of Revenue
Pennsylvania Fiduciary Income Tax
for the fiscal year ended 9/30/80 199 78
./
10/4/83 The Union National Bank of Pittsburgh
Annual principal compensation taken
"10/4/83·..I ()/),j 354 37
-7-
WALTER H.BAKER,~ECEASED
DISBURSEMENTS
(continued)
4/3/84
4/3/84
4/3/84
Clerk of Orphans'Court of Washington
County,Pennsylvania
Cost of filing this account
.Buchanan Ingersoll Professional Corporation
Attorneys'fee
The Union National Bank of Pittsburgh
Accountant's compensation
TOTAL PRINCIPAL DISBURSEMENTS
PRINCIPAL INVESTMENTS
$237 00
/,<t 4,500 00
/Fl'Z 34,900 00
$48,875 13 1/7.
I
1/17/80 500 shares Coca-Cola Comp~ny,Common at 33
1/29/80 59 shares Coca-Cola Company,Common at
34 1/2 .
1/31/80 $50,000 Norristown,Pennsylvania Area
School District Bond 6.70%dated 3/1/80 due
3/1/90 at 100
12/9/83 443 shares Exxon Corporation,Capital at 38
$16,675 00
2,065 59
50,000 001
16,962 47
1/10/80
1/17/80
4/2/82
Federated Trust for Short-Term United
States Government Securities
$45,400
31,800
10,000 87,200 OC'
o 00
PRINCIPAL CAPITAL CHANGES
American Information Technologie·s
Corporation,Common
2/22/84 25.80 shares Received in Surrender $988 74
3/12/84 .80 share Sold 37 26
25.00 shares $951 48
.'American Telephone and Telegraph Company,
Common
12/3/79 258 shares Decreed at $9,567 67
2/22/84 258 shares Surrendered 9,567 67oshares$ 0 00
2/22/84 258 shar.es Received in Surrender 2,726 40
258 shares $2,726 40--
-8-
.._------_..__.._------------------
2/22/84
3/12/84
2/22/84
3/12/84
12/3/79
1/17/60
1/29/80
12/3/79
1/2/80
1/9/80.
12/3/79
3/9/81
12/3/79
1/2/80
12/3/79
12/8/83
WALTER H.BAKER,DECEASED
PRINCIPAL CAPITAL CHANGES
(continued)
Bell Atlantic Corporation,Common
25.80 shares Received in Surrender
.80 share Sold
25.00 shares
Bell South Corporation,Common
25.80 shares Received in Surrender
.80 share Sold
25.00 shares
Coca-Cola Company,Common
95 shares Decreed at
500 shares Purchased
595 shares
59 shares Purchased
654 shares
Cyclops Corporation,Common
21,793 shares Decreed at
1,463 shares Sold
20,330 shares
1,330 shares Sold
19,000 shares
Dravo Corporation,Common
200 shares Decreed at
100 shares Received in a 3 for 2
Stock Split as holder
of record on 2/4/81
300 shares
General Motors Corporation,Common
289 shares Decreed at
289 shares Sold
Gulf Oil Corpo~ation,Capital
400 shares Decreed at
400 shares Sold
-----------------,..
$1,003 50
46 89
$956 61
$1,294 69
60 50
$1,234 19
$3,949 35
16,675 00
$20,624 35
2,065 59
$22,689 94
$95,800 90
6,431 34
$89,369 56
5,846 67
$83,522 89
$4,381 16
o 00
$4,381 16
$3,115 79
3,115 79
$13,229 49
13,229 49
2/22/84
3/12/84
2/22/84
3/12/84
NYNEX Corporation,Common
25.80 shares Received in Surrender
.80 share Sold
25.00 shares
Pacific Telesis Group,Common
25.80 shares Received in Surrender
.80 share Sold
25.00·shares
-9-
$
$
$
941 64
44 00
897 64
849 33
39 69
809 64
".
WALTER H.BAKER,DECEASED
PRINCIPAL CAPITAL CHANGES
(continued)
..
2/22/84
3/.12/84
2/22/84
3/12/84
12/3/79
5/10/82
12/3/79
4/1/82
Southwestern Bell Corporation,Common
25.80 shares Received in Surrender
.80 share Sold
25.00 shares
United States West,Incorporated,Common
25.80 shares Received in Surrender
.80 share Sold
25.00 shares
Union National Corporation,·Common
(formerly The Union National Bank of
Pittsburqh,Capital)
561 shares Decreed at
187 shares Received in a 4 for 3
Stock Split as holder
of record on 4/26/82
748 shares
Federal Farm Credit Banks Bond 8.45%
dated 9/5/78 due 4/1/82
$10,000 Decreed at
10,000 Matured
$907 86
42 43
$865 43
$855 51
39 98
$815 53
$5,498 75
o 00
$5,498 75
$10,000 00
10,000 00
Federated Trust for Short-Term United
States Government Securities
12/3/79 $700 Decreed at
87,200 Purchased 1/10/80 -4/2/82
$87,900
78,000 Redeemed 1/24/80 -10/6/82
$9,900
INCOME -PERSONALTY
$894.27 being amount awarded by
Adjudication and Decree dated December 3,
1979 at No.63-70-317 and all Income
received .and disbursements made to April 3,
1984 (date of last Quarterly Statement)
have been accounted for by Quarterly
Statements rendered Amy Anne R.Levin and
Evans Rose,Jr.
RECEIPTS
$700 00
87,200 00
$87,900 00
78,000 00
$9,900 00
Balance in accordance with last Quarterly
Statement dated April 3,1984
INCOME -PERSONALTY
DISBURSEMENTS
None
-10-
$
$
o 00
°00
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF ALLEGHENY
SS:
EVANS ROSE,JR.,one of the above named accountants being duly
sworn according to law deposes and says that the disburs~me~ts shown
in the account have been made to the parties entitled thereto and
that the account as stated is true and correct as he verily believes.
Evans Rose,Jr.
Sworn and subscribed before me this day of ,1984.--------------
Notary Public
REQUEST FOR DISTRIBUTION
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.
Evans Rose,Jr.
I'''"""
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IN THE COURT OF~CO~~~N PLEAS OF WASHINGTON COUN~Y,PENNSYLVANIA
ORPHANS'COURT DIVISION
RE:Trust under Indenture
No.63-70-311
~of WALTER H.BAKER
RE:Trust under Will of
h'ALTER H.BAKER
No.63-70-317
RE:Trust under Indenture
of ANNE A.DUNCAN
No.63-73-1032
AND NOW,this
o
3/
R D E R
day of May,1984.upon request
of the individual trustee in the above-captioned Trusts,the ,)
,J
audit will be called on Friday,June 22,1984,but .IT IS FURTHE~
....ORDERED that it will be continued and heard by the Court on ,.
Friday,June 29,1984 at 1:15 o'clock p.m.,in Courtroom No.4,
Courthouse,Washington,Pennsylvania.
Thomas J.rputcc,J.
/
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IN THE COURT OF COMMON PLEAS OF
WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR·
AMY ANNE WEIMER LEVIN
NO.63-70-317
ORDER
ROSE,SCHMIDT,DIXON &HASLEY
900 OLIVER BUILDING
PI'ITSBURGH,PA 15222
/$I~Sjr
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
•
TRUST UNDER WILL OF
WALTER H.BAKER FOR
M~Y ANNE WEIMER LEVIN
AND Nmv this
NO.63-70-317
ORDER
2-7 day of S &/,i rvt11.3 t:?f.1984,
hearing sur audit of the Account filed in the above-captioned
Trust,previously continued,is hereby fixed for Friday,the
9th day of November,1984,at 11:00 o'clock a.m.,Courtroom No.
4,Washington County Courthouse,Washington,Pennsylvania.
Counsel for the Accountant is directed to give notice hereof
to all parties in interest.
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
(Formerly Amy Anne
Weimer Ritter)
ORPHANS'COURT DIVISION
NO.63- 70-317
OBJECTIONS TO ACCOUNT
CODE OBJECTIONS TO
ACCOUNT
FILED ON BEHALF OF:
ANY ANNE WEIMER LEVIN
/VI
COUNSEL OF RECORD FOR
THIS PARTY:
RICHARD DiSALLE,ESQ.
PA.1.D.#05444
ROSE,SCHMIDT,DIXON &
HASLEY
FIRM #043
900 OLIVER BUILDING
PITTSBURGH,PENNSYLVANIA
15222-5369
(412)434 -8600
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
NO.63-70-317
OBJECTIONS TO ACCOUNT
AND NOW,comes Amy Anne Weimer Levin,Income
Beneficiary under the above-captioned Trust,by her attorneys,
Rose,Schmidt,Dixon &Hasley and Richard DiSalle,and objects
to the Fourth and Final Account (Sic)filed by The Union
National Bank of Pittsburgh,Trustee,in the above-captioned
matter for the following reasons:
1.The termination fee charged by Trustee,The Union
National Bank of Pittsburgh,in the amount of ·$34,900.00 is
improper since the above-captioned Trust does not terminate but,
instead,continues on for the lifetime of the income
beneficiary,Amy Anne Weimer Levin.The occasion for the
present accounting is simply the voluntary resignation of the
Trustee,The Union National Bank of Pittsburgh.(See Copy of
Letter attached hereto marked as Exhibit "A"~)
2.In the event it is held by this Honorable Court
that a termination fee is permissible by Trustee,The Union
National Bank of Pittsburgh,the fee charged in this matter is
HASLEY
..
'..-
excessive in light of the services performed,the
responsibilities assumed and the results achieved.
3.The fees of the law firm,Buchanan Ingersoll
Professional Corporation,are excessive in light of the services
performed,the responsibilities assumed and the results achieved.
R~CHMIDT,DIXON &
(~,L..-~~~~~~..f....:,L'¥-=~~-
.\
-2-
•..•32(,.('·61
,.•
."•
.,•••
•
Very truly yours.
g~.
Gilbert L.Baal
Vice President
December 14,1983
"..
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COpy
EXHIBIT "A"
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Union
NationalBank
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"...........
GLBlkmc
ees Evans &olle,Jr.,laq.
James W.Ummer.Esq.
ISO-1630-00-8
150-1830-10-2
IBO-2991-OO-o
h re 1 Anne A.Duncan-Ba~r -Tr\aSt -ISO-l630-o0-8
W.Baker for ADue W.1IBar -Shara of Amy Anne Levu -150-1830-10-2
W.Baker for I:Jay Anne Levin -1110-2991-00-0
Dear Mrs.Lavin:
Upon receipt of your letter dAted November 23,1983,disapproving our request
for a fee increase iu the '50-1630-00-8 and 150-1830-80-2 Accounts,I met vi~h our Trust
Administrative Committee where it was determined that this Bank could DO lOQger continue
to economically admini&ter these Trusts at the current levels of compeneatlon.As a
result.it was concluded by the Committee at ita'meeting on December 6,1ge3.that this
JankAj.ll reaNRL from its'position as Corporate Trustee for all three ,Truste.
In tbis regard.I have directed our Court Accounting Department to proceed to
prepare the appropriate accoWltingS.which will be filed 1n the Court of Common Plesa
of Washington County,Pennsylvania.Orphans'Co\lrt Divi8ion.hoPef~.t!!!u::xta~
At that time.Counsel for the Corporate Trustee will submit a p~t!on~o tte Eourt to
respectfully d1scharg~this Bank 8&Co-Trustee and relieve it from any further responsi-
bility with respect to the administration of these Trusts.':l'bu&.as soon as the account-
ings are completed and filed,copias will be made available to you and tbe "tema1n4ermem
of the Trusts.
Krs.Robert H.Levin
3537 Royal Palm Avenue
Coconut Grove
Miami,FL 33133
.,,
/'..
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_____-·..!-l_~------=..-__=..;.z:,.......=~-,:.;;:o:':.......__-_---::..-~><:91"-'--.....'-1
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IN THE COURT OF COMMON PLEAS OF WASHINGTON 'COUNTY,PENNSYLVANIA...
(<
IN RE:ORPHANS'COURT DIVISION
CODE WITHDRAWAL 'OF
OBJECTIONS TO ACCOUNT
t
WITHDRAWAL OF OBJECTIONS
TO ACCOUNT
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
(Formerly Amy Anne
Weimer Ritter)
.NO.63 - 70-317 ..
FILED ON BEHALF OF:
AMY ANNE WEIMER LEVIN
COUNSEL OF RECORD FOR
THIS PARTY:
RICHARD DiSALLE,ESQ.
PA.I.D.#05444
ROSE,SCHMIDT,DIXON &
HASLEY
FIRM #043
900 OLIVER BUILDING
PITTSBURGH,PENNSYLVANIA
15222-5369
(412)434-8600
'.
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLV~NIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
NO.63-70-317
WITHDRAWAL OF
OBJECTIONS TO ACCOUNT
TO THE HONORABLE,THE JUDGES OF SAID COURT:
Amy Anne Weimer Levin,Income Beneficiary under the
above-captioned Trust,by her attorneys,Rose,Schmidt,Dixon &
Hasley and Richard DiSalle,hereby withdraws her Objections to
the Fourth and Final Account of The Union National Bank of
Pittsburgh,Trustee of the above-captioned Trust.
ROSE..,~·-SCHMIDT,DIXON &HASLEY'".
for Amy Anne Weimer Levin
"I
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
ORPHANS'COURT DIVISION
NO.63-70-317
RESIGNATION OF TRUSTEE
CODE
TRUSTEE
RESIGNATION OF
"
..
•.FILED ON BEHALF C'F:
EVANS ROSE,JR.
COUNSEL OF RECORD FOR
THIS PARTY:..ROSE,SCHMIDT,DIXON &
HASLEY
FIRM #043
900 OLIVER BUILDIN3
PITTSBURGH,PENNSyiVANIA
15222-5369
(412)434-860 0
--
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
NO.63-70-317
RESIGNATION OF TRUSTEE
TO THE HONORABLE,THE JUDGES OF SAID COURT:
WHEREAS,Evans Rose,Jr.is the successor Individual
Trustee of the Trust for the benefit of Amy An~e Weimer Levin
created under Article SIXTH,Paragraph (e)(2)of the Will of
Walter H.Baker,Deceased ("Trust"),having been appointed to
such position by the said Amy Anne Weimer Levin;and
WHEREAS,since the confirmation of said appointment by
this Honorable Court,dated June 26,1979,Evans Rose,Jr.has
served with The Union National Bank of Pittsburgh as Co-Trustee
of the aforementioned Trust;and
WHEREAS,The Union National Bank of Pittsburgh has
indicated its intention to resign as Corporate Trustee of the
::-j ~.-
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\
"Trust,such resignation to be e~fective upon confirmation of its
Fourth and Final Account by this Honorable Court~and
WHEREAS,as a result of the resignation of '['he Union
National Bank of Pittsburgh,Any Anne Weimer Levin has
designated Northern Trust Bank of Florida as success~r Corporate
Trustee of the Trust and has also requested this Honorable Court
to transfer the situs of the Trust to the State of Florida~and
WHEREAS,Evans Rose,Jr.believes that,should the
situs of the Trust be transferred to the State of Florida,the
interests of the beneficiaries of the Trust will be better
served from the standpoint of administrative ease and
convenience by an Individual Trustee who is also a resident of
such jurisdiction~
NOW,THEREFORE,Evans Rose,Jr.hereby resigns from his
position as Individual Trustee of the Trust created for the
benefit of Amy Anne Weimer Levin under Article SIXTH,paragraph
(e)(2)of the Will of Walter H.Baker,Deceased.ihis
resignation shall be effective upon confirmation by this
Honorable Court of the Fourth and Final Account of Evans Rose,
Jr.and The Union National Bank of Pittsburgh,and after
transfer of the situs of such Trust to the State 0=Florida.
IN WITNESS WHEREOF,Evans Rose,Jr.has h,:reunto set
his hand and seal this 9th day of November,1984.
l
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
,.
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
NO.63-70-317
ORDER OF COURT
AND NOW,to-wit,this _--,-:2_day of ;I",";I.,/4 YS-;
~4,the foregoing Resignation of Trustee,executed by Evans
Rose,Jr.,is hereby accepted,and upon confirmation of the
Fourth and Final Account filed herein by Evan~Rose,Jr.and The
Union National Bank of Pittsburgh,and after transfer of the
situs of the above referenced Trust to the State of Florida,the
said Evans Rose,Jr.shall be relieved of all rights,powers and
liabilities with
respect to such _T_r~~~s~t_'~~~~~~~~~~:2~~~~
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IN THE COURT OF CO~~ON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
(Formerly Amy Anne
Weimer Ritter)
ORPHANS'COURT DIVISION
NO.63-;-70-317
DESIGNATION OF SUCCESSOR
,TRUSTEE
CODE '..'DESIGNATION OF
,SUCCESSOR TRUSTEE
FILED ON BEHALF OF:
AMY ANNE WEIMER LEVIN
"COUNSEL OF RECORD FOR
THIS PARTY:
RICHARD DiSALLE,E3Q.
PA.I.D.#05444
ROSE,SCHMIDT,DIXON &
HASLEY
FIRM #043
900 OLIVER BUILDING
PITTSBURGH,PENNSYLVANIA
15222 -5369
(412)434-8600
IN THE COURT OF-COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION I
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
(Formerly Amy Anne
Weimer Ritter)
)
)
)
)
)
)
)
NO.63-70-317
DESIGNATION OF SUCCESSOR-TRUSTEE
WHEREAS,the Decedent,Walter H.Baker,died on
June 26,1947,leaving a Last Will and Testament dated
August 26,1946,which was duly probated on July 8,194i;
\WHEREAS,under Article SIXTH,paragraph (e)(2)of the
Decedent's Last Will and Testament,the Decedent established a
Trust for the benefit of Amy Anne Weimer,now Amy Anne ~eimer
Levin ("Trust");
WHEREAS,pursuant to the terms of the Trust,Amy Anne
Weimer Levin is to receive the net income therefrom during her
life,and the principal'thereof is to be distributed upon her
death to her then living i~sue,per stirpes,subject to the
right of Amy Anne Weimer Levin to receive one-quarter shares of
such principal upon attaining the ages of forty-five and
fifty-five years;
WHEREAS,since December 18,1950,which was the date
the Trust was formally funded,The Union National Bank of
Pittsburgh has served as the corporate Trustee of the Trust;
WHEREAS,The Union National Bank of Pittsburgh has now
notified Amy Anne Weimer Levin that it intends to resign its
position as corporate Trustee of the Trust,thereby creating a
vacancy in such position;
WHEREAS,pursuant to Article EIGHTH of the Decedent's
Will,in the event of a vacancy in the office of corporate
Trustee,a majority in interest of the issue of Anne Baker
Weimer,who are then sui juris,are entitled to appoint a
successor corporate Trustee;and
WHEREAS,Amy Anne Weimer Levin,being the only issue of
Anne Baker Weimer·having a present interest in the Trust,is now
solely entitled to designate the successor corporate Trustee;
NOW,THEREFORE,AMY ANNE WEIMER LEVIN,pursuant to the
authority vested in her by Article EIGHTH of the Last Will and
Testament of Walter H.Baker,hereby nominates and appoints
NORTHERN TRUST BANK OF FLORIDA a's corporate Trustee of the Trust
created under Article SIXTH,Paragraph (e)(2)of such Will for
the benefit of Amy Anne Weimer Levin,with the same title,
powers,rights,duties and discretions with respect to the
-2-
;
administration of the Trust as the original corporate Trustee
possessed,such appointment to be effective upon the formal
resignation of The Union National Bank of pittsburgh.
WHEREFORE,IN WITNESS WHEREOF,AMY ANNE WEIMER LEVIN
,j •I
has set her hand and seal this ~day of July,1984 •
..
WITNESS:
-3-
ACKNOWLEDGEMENT
STATE OF 0"-F /0 r-l J.Qi .
COUNTY OF ....pad2 e,'..
}
}
}
SS:
On this,the ~6~day of July,1984,before ne,a
Notary public,personally appeared AMY ANNE WEIMER LEV:N known
to me (or satisfactorily proven)to be the person whose nam~is
subscribed to the within instrument,and acknowledged ~hat she
executed the same for purposes therein contained.
IN WITNESS WHEREOF,I have hereunto set my hand and
official seal~
.t)~P.CJ~.
Notary publ
m'J~~;
tij:J-b!8C
.'
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
(Formerly Amy Anne
Weimer Ritter)
}
}
}
}
}
}
}
NO.63-70-317
ACCEPTANCE OF APPOINTMENT
I,PAUL T.WILLIAMS,Vice President and Senior Trust
Officer of Northern Trust Bank of Florida,being authorized and
empowered to do so,hereby accept on behalf of Northern Trust
Bank of Florida,the appointment as corporate Trustee of the
Trust for Amy Anne Weimer Levin created under Article SIXTH,
Paragraph (e)(2)of the Will of Walter H.Baker •
ATTEST:.NORT~RUST BANK OF FLORIDA
BYV~~-
PAUL T.-WILLIAMS,VICE PRESIDENT
AND SENIOR TRUST OFFICER
.--1
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
(Formerly Amy Anne
Weimer Ritter)
)
)
)
)
)
)
)
NO.63-70-317
ORDER'OF'COURT
AND NOW,to-wit,this .~day of :)4 ~""~"_:'"I 9'f S/
the foregoing Designation of Northern Trust Bank of Florida as
Successor Trustee to The union National Bank of pittsburgh is
.hereby confirmed and it is to be made part of the record hereof.
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First and FinalInthematterofthe,_
Evans Rose,Jr.,Ac§a'C~tecsfsot Individual 'frustee
and The Union National Bank of
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JIruusyluania
JJ
tl1r .((Lourt of ((Lommnu JHras of l1as4ingtnn
(@rp4auB'maUd lIinisinn
·70-317
No.63-....._..__
In
AMY ANNE W.RITTER)
AMY ANNE W.LEVIN (FORMERLY
WALTER H.BAKER,DECEASED,FOR
ESTATE OF
ADJUDICATION AND DECREE
And now Apr;J ~,19~,this motter having come on for
hearing,audit and distribution and testimony taken;upon due cansjdeB:O"~~i!le>fh tne bal-
ance for distribution in tne honds of the Accountant is determined to·be $2.1LL.......4'""6....9'-'.'-'Z::..;o::.-_
ond the account is accordingly confirmed;and it is ordered,adjudged and decreed that the said bal-
once be paid out by the Accountont in accordance with the schedule of distribution hereto attached
and mode a port hereof,unless exceptions hereto,be filed sec.reg.or an appeal token herefrom sec.
leg.
SCHEDULE OF DISTRIBUTION
Balance per account 1
Additional Debits -Audit <19,187.12
!.l>222,858.89
Additional Credits -Audit
Balance'1
James W.Ummer for Buchanan Ingersoll
Attorney Professiona.l COJ:poJ:atiop
18,389.61
$204,469.28.-----
To:Northern Trust Bank of .Florida,
Successor Corporate Trustee under the
Will of Walter H.Baker,Deceased,in
Trust for Amy Anne W.Levin (formerly
Amy Anne W.Ritter,)for further
administration and accounting,
full share balance viz:
Principal -Personalty
Stocks
25 shares American Information
Technologies Corporation,Common $951.48
258 shares American Telephone and
Telegraph Company,Common 2,726.40
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Stocks (Continued)
25 shares Bell Atlantic Corporation,
Common 956.61
75 shares Bell South Corporation,
Common 1,234.19
654 shares Coca-Cola Company,
Common 22,689.94"
19,000 shares Cyclops Corporation,
Common 83,522.89
300 shares Dravo Corporation,
Common 4,381.16
443 shares Exxon Corporation,
Capital 16,962.47
300 shares National Intergroup,
Incorporated,Common 3,724.43
25 shares NYNEX Corporation,
Common 897.64
25 shares Pacific Telesis Group,
Common 809.64
25 shares Southwestern Bell
Corporation,Common 865.43
1,233 shares Texaco,Incorporated,
Common 6,884.29
748 Union National Corporation,
Common 5,498.75
Bonds
$30,000 Montgomery County,Pennsylvania,
Community Guaranteed College Authority
Revenue 5.20%dated 9/16/79
due 9/1/85 30,000.00
$50,000 Norristown,Pennsylvania Area
School District 6.70%dated 3/1/80
due 3/1/90 50,000.00
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Temporary Investment
$1,300 Federated Automated
Government Money Trust
(Treat as cash)
Principal cash
The foregoing balance is subject
to payment of the following:
Accountant's compensation
Balance due $24,900.00
$1,300.00
378.82
$233,784.14
Attorney's fee
Income -Personalty
Cash
4,500.00
29,400.00_
$204,384.14
,85.14
$04,469.28
No Balance
Note:The foregoing distribution has been
equalized with cash based upon the
Mean Market:Value of the Securities...:J 'as of June,30,1984 and July 2,1984
per Schedule filed.
~,.,
VI
No.63-19-31-1-,---..--..--.--.-----..
In the matter of theFirst and Final
Account of Evans Rose~Jr.~
Successor Individual Trustee and The
Union National Bank of Pittsburgh,
Surviving Trustee .
of Estate of WALTER U.BAKER,DECEASED.
FOR AMY ANNE W.LEVIN (FORMERLY AMY
ANNE Y.RITTER)
AbjtmitUfutu nub Irart
'Irld "0'"'1~···lf.'1·\'\\\I"V"v'v Ii V .v 1\I ::.I r:'.
S11\~\.:!0 'cl31's \~"3B
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G3B31S\f)3U
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVhNIA
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
ORPHANS'COURT DIVISION
NO.63-70-317
PETITION FOR CHANGE O?
SITUS
CODE PETITION FOR
CHANGE OF SITUS
FILED ON BEHALF OF:
AMY ANNE WEIMER LEVIN
COUNSEL OF RECORD FOF
THIS PARTY:
RICHARD DiSALLE,ESQ.
PA.I.D.#05444
ROSE,SCHMIDT,DIXON &
HASLEY
FIRM #043
900 OLIVER BUILDING
PITTSBURGH,PENNSYLVANIA
15222-5369
(412)434-8600
I .
IN THE COURT OF COMMON PLEAS OF WASH~NGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
NO.63-70-317
PETITION FOR CHANGE OF SITUS OF A TRUST PURSUANT
TO SECTION 725 OF THE PENNSYLVANIA PROBATE,
ESTATES AND FIDUCIARIES CODE (20 Pa.C.S.A.§725)
TO THE HONORABLE,THE JUDGES OF SAID COURT:
The Petition of Amy Anne Weimer Levin,by her
attorneys,Richard DiSalle and Rose,Schmidt,Dixon &Hasley,
respectfully represents that:
(1)Your Petitioner,Amy Anne Weimer Levin,is an
individual currently residing at 3537 Royal Palm Avenue,Coconut
Grove,Florida 33133,and is the present income beneficiary of a
Trust created for her benefit under Article SIXTH,Paragraph
(e)(2)of the Last Will and Testament of Walter H.Baker,dated
August 26,1946,("Trust").
(2)Pursuant to the terms of the Trust,your
Petitioner,Amy Anne Weimer Levin,is to receive the net income
,------
therefrom during her life,and the principal thereof is to be
distributed upon her death to her then living issue,per
stirpes,subject to the right of Amy Anne Weimer Levin to
receive one-quarter shares of such principal upon attaining the
ages of forty-five and fifty-five years.
(3)In addition to your Petitioner the issue of your
Petitioner also have a potential interest in the Trust.At the
present time,the issue of your Petitioner consist of her
following children:
David Michael Ritter
Route 2
Box 101
Newberry,Florida 32669
William Jeffrey Ritter
6907 Moore Street
Stuart,Florida 33490
Susan Duncan Ritter
6907 Moore Street
Stuart,Florida 33490
Andrew Duncan Ritter
Route 2
Box 101
Newberry,Florida 32669
Christopher Burns Ritter
72 Woodvale Road
Glenrock,New Jersey 07452
Anne Elizabeth Ritter
7026 South Claiborne Avenue
Apartment D
New Orleans,Louisiana 70118
Jonathan Baker Ritter
940 West Brevard Street
Apartment C.3-4
Tallahassee,Florida 32313
-2-
All of the aforementioned individuals are sui juris.In the
event your Petitioner should die without leaving issue to
survive her,the Last Will and Testament of Walter H.Baker
provides that Julia V.Weimer and Walter B.Weimer,and their
issue,are entitled to the principal of the Trust.
(4)At the present time the corpus of the Trust
consists entirely of securities and cash having a market value
of approximately $848,000.00.These assets are more
particularly set forth in the Fourth and Final Account filed
herein by The Union National Bank of Pittsburgh.
(5)The present Trustees of the Trust are Evans Rese,
Jr.and The Union National Bank of Pittsburgh.However,The
Union National Bank of Pittsburgh has advised your Petitioner
that it now intends to resign its position as corporate Trustee
of the Trust.In view of this resignation,your Petitioner.
pursuant to the authority vested in her by Article EIGHTH of the
Will,has nominated Northern Trust Bank of Florida as corporate
Trustee of the Trust.Once Northern Trust Bank of Florida
assumes the position of corporate Trustee,the entire principal
of the Trust will be placed in its possession in Florida.
(6)As indicated heretofore,your Petitioner is a
resident and domiciliary of the State of Florida,and none of
her children currently resides in Pennsylvania.
(7)Since you~Petitioner and her issue do not reside
in the Commonwealth of Pennsylvania,and considering the fact
that the entire principal of the Trust will be"transferred to
-3-
Florida by the newly designated corporate Trustee,your
Petitioner believes that a transfer of the situs of the Trust to
Florida is advisable.Such a change in the situs·of the Trust
is desirable from the stanppoint of administrative ease and
convenience since it will enable the beneficiaries of the Trust
to monitor the actions of the corporate Trustee,and to redress
the same,if necessary,in a convenient forum.
(8)Attached hereto and made a part hereof are the
consents of Evans Rose,Jr.and the Northern Trust Bank of
Florida to the proposed change in the situs of the Trust.
WHEREFORE,your Petitioner,Amy Anne Weimer Levin,
pursuant to Seqtion 725 of the Pennsylvania Probate,Estates and
Fiduciaries Code (20 Pa.C.S.A.§725),respectfully requests
that this Honorable Court transfer the situs of the Trust
created for her benefit under the Last Will and Testament of
Walter H.Baker to the State of Florida.
,~,~~MIDT,DIXON &HASLEY
-4-
I
. I
STATE OF FLO/(,:PI)
COUNTY OF -p{j:J)[
AFFIDAVIT
)
)
)
SS:
Before me,the undersigned authority,personally
appeared AMY ANNE WEIMER LEVIN,who,being duly sworn according
to law,deposed and stated that the averments of fact set forth
in the foregoing Petition For Change of Situs are true and
correct to the best of her knowledge and belief.
/
Sworn to and subscribed
before me this J"jr-ci day
of fJ J.A11J~,1984.
,gj~ta[:E~
~1W1.~~~
LJ/~/~b
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
CONSENT
NO.63-10-317
I,PAUL T.WILLIAMS,Vice President and Senior Trust
Officer of Northern Trust Bank of Florida,being authorized and
empowered to do so,hereby consent on behalf of Northern Trust
Bank of Florida to the proposed change in the situs of the Trust
for Amy Anne Weimer Levin created under Article SIXTH,
Paragraph (e)(2)of the Last Will and Testament of Walter H.
Baker.
ATTEST:NOR~ST BANK OF FLORIDA
By·'ZZ..--~-
PAUL T.WILLIAMS,VICE·PRESIDENT
AND SENIOR TRUST OFFICER
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
CONSENT
NO.63-70-317
I,EVANS ROSE,JR.,individual Trustee of the Trust for
Amy Anne Weimer Levin created under Article SIXTH,
Paragraph (e)(2)of the Last will and Testament of Walter H.
Baker,hereby consent to the proposed change in 'the situs of
such Trust.
By
EVANS ROSE,JR.
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY;PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
NO.63-70-317
PRELIMINARY ORDER OF COURT
AND NOW,to-wit,this ~day of ~V-,1984,it
is hereby ORDERED AND DECREED that a hearing is to be held on
the foregoing "Petition For Change Of Situs"on the ~day
of AbJ·,1984 at II~Oo 11 ,fJ1 ,Courtroom No.4,
Washington County Courthouse,Washington,Pennsylvania.Counsel
for the Petitioner is directed to give notice of this hearing to
all living issue of Amy Anne Weimer Levin.
----------------------------m
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
NO.63-70-317
ORDER OF COURT
AND NOW,to-wit,this day of
~'i,upon consideration of the foregoing Petition,and after
hearing thereon,it is hereby
ORDERED AND DECREED that the situs of the Trust created
for the benefit of Amy Anne Weimer Levin under Article SIXTH,
Paragraph (e)(2)of the Last Will and Testament of Walter H.
Baker be transferred to the State of Florida.This Order is
conditional upon the Petitioner,Amy Anne Weimer Levin,filing
with the Court satisfactory proof that a Court of competent
jurisdiction within the State of Florida has assumed
jurisdiction over the aforementioned Trust.
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IN THE COURT OF C0M110N PLEAS OF WASHINGTON COUNTY,PENNA t
ORPHANS'COURT DNISION
)·1
INRE:
Estate of
WALTER H.BAKER,
<Deceased.
(
)
(
)
(
)
(
No.63-70-317
Walter H:Baker.Mr.Rowland.
MR.ROWLAND:If the Court please,this is an estate
which there is to be a partial distribution of a
trust and we are filing an account.We have a co-trus ee
...:)
~BEFORE:
!:
-J~APPEARANCES:
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HEARING ON AUDIT
The Honorable PAUL A.SIMMONS,Judge of the
said Court.
REX ROWLAND,Esquire,of Pittsburgh,Pennsylvania,
representing the Accountant.
Tuesday,September 10,1974,at 10:00 A.M.,EDST
The next estate is the estate of
in Florida.He has not returned the Petition for
Distribution.We also have a beneficiary in Florida
and she hasn't returned the consent to distribute
in kind.Therefore,I would request a continuance in
this matter.
THE COURT:Would you announce the estate of Walter
2
H.Baker,pfease?
in the estate of Walter H.Baker?'•
MR.ZERMANI:
(Court Crier)
THE COURT:
Your Honor,I received no response.
Is anybody in the Courtroom interested
(NO RESPONSE)
-,
upon the'hearln
"'
Hearing no response,the audit of this
.,
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The,f~rGgolna~recor~'
COURT:
A.M.
estate is continued until October 28th at 10:00 o'cloc
(AUDIT CONTINUED )
I hereby certify that the proceedings and evidence
contained fully and accurately in tho notes taken by me on
hearing of the above caus.,and that this copy is a correct
~transcrlpt of the same.u
h.h.o
~THEz
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of the above cause I.hereby~approv.d and directed to be filed.
r.':By 'the -.Court,.,'
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANI
ORPHANS'COURT DIVISION
IN RE:
ESTATE OF
WALTER H.BAKER,
Deceased.
)
)
)
)
)
)
)
No.63-70-317
BEFORE:
APPEARANCES:
TIME:
THE COURT:
HEARING ON CONTINUED AUDIT
THE HONORABLE PAUL A.SIMMONS,Judge of
the said Court.
REX ROWLAND,ESQUIRE,of Pittsburgh,
Pennsylvania,representing the Accountart.
Monday,October 28,1974,at 10:00 o'cl(ck
A.M.
The estate of Walter H.Baker.Mr.
Rowland.
MR.ROWLAND:If the Court please,I am Rex Rowland;
I represent the Union National Bank of Pittsburgh.
I am sorry to say that we are no further along in this
estate than we were at the previous hearing.With
Yotlr permission,I would like to make a statement for
the record to show the Court why we are unable to
proceed at this time.Walter H.Baker died over 2S
years ago.And the Union National Bank of Pittsburgh
Edward L.Stockdale were appointed trustees under his
Will.There were many trusts under the Will,and the on
we are concerned with today is a trust for Amy Anne Wei er,
who is now Mrs.William C.Ritter.Mr.Stockdale,the
co-trustee,died approximately five years ago,and at
that time,at the suggestion,I think,of the Union
National Bank of Pittsburgh,Amy Anne Weimer~snow Ritte 's
husband,was appointed co-trustee.
There has been some litigation in this
case,quite extensive at one time,and the litigation
was instituted by the Ritters.
COURT:
ROWLAND:
Has that been determined?
Yes,it was determined against them.
The Union National Bank has been administering this
trust for over 25 years.And during that time,it,of
course,on distributions of income,has collected
the normal fee that is collected.But we get up to
the point where Mrs.Ritter is now 4S years of age
and there is one fourth of the corpus of her trust to
be distributed to her.And the Union National Bank
prepared all the necessary papers,the accounting
and the Petition for Distribution,and submitted them
to Mr.Ritter for his approval or disapproval and
signature.
THE COURT:He is her husband.
as I can determine,that it is useless to file an
Now he says,without benefit of legal advice,so far
MR.ROWLAND:He is her husband and he is the co-trust
at this time.However,I have advised my client,by no
means can you make any distribution without filing an
account.
THE COURT:
MR.ROWLAND:
Of the corpus.
A distribution of the corpus.Now I am
basing that on approximately 35 years practice ip the
Orphans'Court,and I have never allowed a trustee
to make a distribution of corpus---
THE COURT~
MR.-ROWLAND:
Why does he oppose it?
_,He opposes ~t,so far as I can make out,
because the bank and my firm is charging,or are charg"ng
fees for our services over this 25 year period,with
respect to the administration of the estate.
THE COURT:·
out fee.
MR.ROWLAND:
l
0,'In other words,you want to get your
Yes.We tell him whether we file the
account or not,we are entitMd -to this fee.And this
is the bone of contention,I believe.And in that
connection,let me point out that this estate consists
entirely of stocks,securities.As of September 16,
1974,and that is the nadir of the stock market,
the securities have just gone down so much,at that ti e
this trust alone had approximately $800,000 of stock
in it.Mrs.Ritter's share is $200,000 at this time.
4
She gets one fourth.The bank's fee is about $6,000,
with a few others.
THE COURT:Is it based on today's values?
represents 25 years of representing this particular
it might havebeen.And my fee is $3,000.And this•
MR.ROWLAND:It is based on today's values,not what
fiow with this background,I would ask
that time,~y firm'w'as always representing them.
trust.Now I think that both those fees are quite
repre'sented the estate since that tine.But prior to
Buchanan,Ingersoll,Rodewald,Kyle and
My firm has.
What is the name of your firm?
You represented the trust for the entire
I was retained to litigate,this question tha
25 years?
~,
the Ritters raised about five years ago.And I have
Buerger.
reasonable.
Your Honor to set this down for audit,say in December,n
your regular audit list,or whatever you want.And
with your permission,I would like to be able to advise I
Mr.Ritter that if he does not appear or someone in
ROWLAND:
ROWLAND:
COURT:
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his behalf does not appear for him,in my opinion,
that is contumacious for this Court,for a co-trustee
not even to .bother to appear.This is the second time
we have tried to get him here.
------T--------------------------I--
THE COURT:Probably you will have to cite him to
5
show cause why----
MR.ROWLAND:Some such thing as that.What I was goi g
•
to suggest is that if he were notified that I would
present a Petition to have him discharged as trustee,
because he isn't performing his duties as trustee,at
that time if he does not appear,I think that would be
perfectly proper.Because as it is now,this thing is
at a:;:
Clf-
~THE COURT:.
lit
~MR.ROWLAND:
stalemate.
Because you only have two trustees .
We have two trustees and the one has
I '
~v no experience in these matters.itf-101~THE COURT:You mean his wife .
.J0(
~MR.ROWLAND:Neither he nor his wife have any
Co:.
experience ln the administration of estates,and they
jurisdiction of this Court.
do not realize that these estates are under theui
~II;
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It THE COURT:I-It
How are you going to distribute this,
cc.:in kind,the stocks in kind?
THE COURT:
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u MR.ROWLAND:ii:
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Yes,we are going to distribute in kind
In order to preserve the potential up-
grading of the stock market •
MR.ROWLAND:'.•".e,.fIt's come up considerably since Septemb~r
and we hope it keeps going up.But the Will specifical y
authorizes a distribution in kind.But I did want
Your Honor to have tpe background here.
---------jH------------------------------~-___l
-------------.-----1r
THE COURT:It seems to me what you should do is to may-
be petition for Citation on him to show cause why he
prepare a petition.
to charge for that.
'to me requesting a Citation for him to show cause,and
in the alternative,cite his objections thereto.It
That's right.I have advised him that
I will do that,Your Honor.
It seems to me,what you ought to do is
Append a copy of your proposed account.
engage counsel and come in here and have a hearing on
it.I think that would take it off dead center,
because otherwise,we are postponing it indefinitely.
then we would set a date for a hearing and he could
of the account on his wife and on him both,two copies
shouldn't join in the execution of this accounting,or
everytime I come down here from Pittsburgh,it takes
a whole morning of my time and I am going to have
We will set a date for a hearing,you will serve a cop
seems to me that would be maybe the best procedullal
way to get this off dead center.You present a Petiti n
ROWLAND:
COURT:
THE COURT:
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one on each,and we will set a date for a hearing and
we will have him come .in with his attorney and if he
Iwantstoengageana~torney and cohtest whatever he
feels is improper,he can.So as soon as you prepare
your Petition,you:,will have a suggested Order there
----------------------------------------,II
'-.....
with blanks left for a date and we will set a'date and
move the thing off dead center.
work it out amicably this week.
else you could ·do.I would like to have this announced•
IIi
MR.ROWLAND:
THE COURT:
I will do that,Your Honor,if I can't
If he won't cooperate,there is nothing
~
~out in the halls.>;
)-~MR.ZERMANI:Your Honor,I received no response.
~(Court Crier)
in the Walter Baker Estate other than Mr.Rowland
who is the attorney here?
be continued generally until we receive a Petition
from Mr.Rowland in regard to the filing of an accounting
RESPONSE )
Hearing no response,this matter will
Is anybody in the Courtroom interested
(AUDIT CONTINUED )
(NO
in this estate.ff.'a:III
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Stenographers Certificate
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
correct transcript of the same.
Certificate of Hearing Judge
The foregoing record of the proceedings upon the heari g
of the above cause is hereby approved and directed to be filed
By the Court,
lmmons,
8
·-~:,.~
.~/
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANI
HEARING ON AUDIT .
No.63 ..70-317
)
)
)
)
)
;)
)
ORPHANS t COURT DIVISION /~
(,
WALTER H.BAKER,
IN RE:
ESTATE OF
:(~Deceased.0(
~~
:!:'P'li
L
•
"5;BEFORE:
:!:THE HONORABLE PAUL A.SIMMONS,Judge
of the said Court.
.:APPEARANCES:J
t:
n5
oJ~TIME:J
5
:l,
:t.....
:'4
ROBERT F.PATTON,ESQ.,of Pittsburgh,
representing the Accountant.
September 9,1975.
Pa.,~
I
1l
via Court Order.Would you please present that,Mr.
:Ii
%~THE
%:>:L-'l
%
COURT:The next estate has been added on the list
-%5 Patton?
J
oJ~MR.PATTON:J Yes,Your Honor.This is the Second and
L..:>Partial Account of the Union National Bank of Pittsburgh
of a surviving trustee under the Will of Walter H.Baker
for Amy Anne Weimer,now Amy Anne Weimer Ritter.
This trust provides when the income beneficiary reaches
the age of 45 years,that income beneficiary is entitled
to receive outright a one-fourth share of the corpus
of the trust.Mrs.Ritter has reached the age of 4S
years on July 1st,1974,and is therefore eligible
to receive a one-fourth share.
•
THE COURT:
.of the Will?
Is that her option or is this by operation
MR.PATTON:It is by operation of the Will,Your Honor.
.=!:I
~THE COURT:In other words,you don't have pOlver of>...J:>-1Il appointment here.zz
1&1II.we do That's the only matteriMR.PATTON:No,not.
0l-I!)presented in this case.An account 1S filed in order toz
xen~have a terminationof the trust with respect to the one-~
on this,Your Honor.
Is anybody in the Courtroom other than
No complications on this.
Your Honor,I received no response.
Would you announce the Estate of Walter
I believe there are no complications
fMr.Patton interested in the fourth trust under the
H.Baker concerning the Amy Anne Weimer Ritter Trust?
fourth share...=\)
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.THE COURT:ena:lI.II-a:oQ.
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a:MR.ZERMANI:
~(Court Crier)
ou~THE COURT:
ui&:
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Will of Walter H.Baker in re:Amy Anne Weimer Ritter?
The Audit Clerk has a question.
MR.VLACHOS:
(Audit Clerk)
He handed me some papers now,Judge,and
I presume they answer my question.
THE COURT:No objection?
MR.VLACHOS:,".~
~/,"
No objection.
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THE COURT:Hearing no response,the audit of this
3
correct transcript of the same.
on the hearing of the above cause,and that this copy is a
f
•
estate is ordered closed.
(AUDIT CLOSED )
I hereby certify that the proceedi?gs and evidence
z are contained fully and accurately in the notes taken by meJ
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~The foregoing record of the proceedings upon thell:
11-~hearing of the above cause is hereby approved and directedo~
~to be filed.
'U
ii:~By the Court,
,~aul A.Simmons,J.
326·0 THEUfHOr~!I\L'\T!ONl\L B.;~Ni{
OF PITTSBURGH
June 18,1945
j
1'J.!".Walter H.Baker
.Universal-Cyclops Steel Company
Bridgeville,Pennsylvania
Dear Walter:
In connection with the creation of the trust for ~~y Anne Weimer wherein
Mr.Edward L.Stockdale and The Union National Bar~of Pittsburgh are named.Trustees,
may I advise you that the fees to be charged by the corporate fiduciary for it ser-
vices performed in and about the management of this trust.are suggested to be as
follows:
1.Where the investments are made up largely of f~~ly owned securities,
the fee of the corporate fiduciary to be 2%upon the annual gross income.
2.When and if a sale of fa~ly owned securities is made and funds re-
invested in diversified securities,the compensation of the corporate
trustee to be 3%upon the annual gross income.
3.~Upon the.termination of the trust and final distribution of principal,
compensation of the corporate trustee to be 2%of the value of the securities
as of the date of the creation of the trust.'
4.In the event the beneficiaries of the trust should ask for the resignation
of the corporate fiduciary·named in the agree~ent und have substituted therefor
another bank or trust company,the fee of this bank as such trustee upon the
principal at the termination of the.trust at the rate above stipulated to be
apportioned upon the basis ot the length of time the trust has been in
existence compared to the total time the trust might be expected to continue.
The above statements are based upon the assumption that there would be no
fee for services perf~rmed by the individual trustee or his successors.
V~ry truly yours,
SMITH N.WHITWORTH
Smith N.Whitworth
SNW:eb
COpy
)
October 22,1974
~T~'1 r"ttt:7"~~~;..~
J'Hu·'"fJ,,~~..,.,;:,iT 'f'~:tt~I'iJe "'~.J ..~"""TI ....\.1.."
4.-!.Cl L..~'lC.Jra 2oule"i'lll'd
CC.H~On.U.t C:rovo
Hlc.'i!ll,i"lorida 33D3
In ra:
Deur Era.Ritter:
WalterH.Ee~er,Decensed
Trust for L.-:ry Anne H.Ritter
A re'de1,l of our.n,l,as dooanot refle,ct an:r f.P.rea:ne~t
be7,TrJfJC;;U YOUl"~Ft,nti.'"tt'iliii~a'5.(rt:r:'-;:;til.ti.'{)r1:1t~s t:'6"··cc:ip:~;,;atr;);Q.-,r;r»~rgod
tU'rnla*"iru:it '~dGr the HUl•.The ~atter of c:ompt:.neation 1a S':~cif·.i.S1}l)'Y
statf-d in the 'I1.'1lSt £..greomenta being your Grandf~lthe!"ts Inter Vivos
\r'-
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~!rs.kry Anne W.Ritter
Paga2
October 22,1974
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Trust end tha Duncan Inter Vivos Trust and we ha.ve adhered to that 9'~'"..~>.''-
sit'..le.tion over the years...~~".~"".,,;c"'>-(~
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;Vith rczerd to c~g1ng a principal fee at this tiDe,r ·(l-.i'""..-\',
again our position is tb:t tbi s charge is related to the portion of U l,~:~.....-;-:.
the Trtlst now being dist~it:ut(;d cmd th:l.a cl~~~-5.;?!:~~?:~u~~_!~~~n.ati~n ;-f'',"'oj "'".1'
end f'i.r:..'.ll di~tribution of that portion or-tne u"".;.s-r..--"\......v ,..
~~,,,.....-............~--..........."'~_.~•.J1It-.·...~--.....·......--~.._•••fol--~~~.'!;;.r,«..,~""i w"<""~:I have determined that the income feo was incraaaed to <if ':':"'J'~~!.""
5%in the Trust under the Will PlU'suant to directions by Hr.Pa.tton p")~~'
prior to tho end of'the year.Unfortunately,r do not find a.letter \...~.....,1
in the file to you reg:u,"ding this change and,therafore,<.:E.unable ~.\.~.;f.1
__.."'"to datermine in t>Tcat 1!1:.:.nneror if the matter of this change was r-/.,'
_W~..\-'\.~"\d1~cu:s:)d;:~~~~~~.......Huwever,....under.a~~circumst~ces ~VO~!t2;!.....F~6"~.~"J'"
this a.djus ....J.en~S,;e,""1S proper.,)I t~"".......,,\1'"d,!C1,j.\.....~U..;I Vj,~Ij ll~"~~4,j v';I\..;jh~\~f l.".".
In my conversation "11th your husband it was clee..r that we
would not have tho necessary papers in order to have the audit held IJ.I -
on Octob~4'2S.1>10 sinc&Oly regret that it will hl,~necessary to once (r...)~'·~1:"5..:~:'···"t
again postpone this account,since the Court 'Y8.S most generous.in.,-t (f~.),-Iyl!)\l..il_
scheduling the audit date in,advnnce of'the normal lluc1it list for ~'t'-r";:--.,~l ..I:~"
Doce::l.bcr.It is quite concel-vab1e that the Cour'c will be aOill,~!w.t':";A t:,;)1"l;<t(·1:<_~_\
disturbed by another clel~y and we had hoped to ba able to coo!)arate .~~",~\~.\\.~.\d
with the Cour"c in completing the audit as cf this date.Since,'there
are many unresolved me.tters at the present time,we believe tha.t it
is nec·gGaary to meet with you end have these items resolved before
e:DJ'further considera.tion can be giv€·n to a distribution in advance
of the audit and Court Decree.Therefore,you should make every
effort to come to Pittseurgh as soon as possibl~80 that we may
determine f'arther steps to be taken to resolve the areas of disagreem~t
and complete the audit.
~7".//l-94--.l.~
OIIN R.ECHEHENT
Senior Vice President
JREljai
#HD-2991-o0-0
cc:Hr.tUllia.m C.Ritter"
Rex Howland,LSq.~·
"-------------------------------------------------
\..'
\
Miami,Florida
September 23,1974
Mr..John R.Echm'::nt
Se::l'lior Vice President
Union National Bank of Pittsburgh
P ..O.Box 837
Pittsburgh,Pennsylvania 15230
Dear l'A.r.Ec11J."l'lent:
Sm{:c your call to me t'.:vo weeks ago,I have l·eviewedwhat has been done with
regard to the distribution due me on July 1.Bill told me in 11arch,after he
ha.d met with you at the Bank,that he had discussed the possibility of a
selective distribution which would be advantageous to me for tax reasons,
and that you thought it better to make an even·division of all stocks and notes
because of the remainder interest and possible IRS problenls for the Trust
arising fTom selective distribution.I agreed to this and asked Bill to so
indicate \vhen he went north at the time of the Cyclops meeting in April.At
this time,1 understand Bill l·aised the question of whether you would deliver
the securities to me on a receipt basis as had been done with the int-3rvivos
trust distributions and that you had said you preferred an audit.I assumed
I t"¥"culd hear from you sometime before my birthday.I expected to have
securities distributed to me and had planned sale of several things in which
the-r·e was a loss.However,I heard nothing until your letter of 9 August,two
weeks after an audit had been filed.
I want to make clear my objections:
(1)Under the terms of Grandfather's \vill,no audit is required
except on change of trustees.
(2)It is my understanding that n'!audit is required under Pennsylvania law.
.(3)I did ~request nor want an audit at this time.It seems to be
an unnecessary expense and is most inconvenient.
If you,alone.insist on an audit.I further object to the proposed compensation
for attorneys as excessive.You have told me these fees do not arise because
of the audit but fox legal services to the Trust for the entire time since Grand-
father"s death.I would like to point out that legal fees were paid at the time
of the first audit.1 can't believe the attorneys sat by with fees due for the
period from 1947 until 1970 without presenting a bill.If not for the audit,what
in particular am I pa.ying for?.
As -to Trustee compensation,Grandfather's agreement with Mr.Whitworth was
for payment of 2%0£income to the corporate trustee for all the family trusts,
so !.ong as the principal holdings were family owned securities,in Universal
Cyc'lops Stock and in the Duncan Trustll Duncan Miller Glass Co.,and for
J
.,
.,.
i• J:\
:IItI·,II
~j, !
!,I
i III
ii
I j,I
I I.,
I .
I J
"
....",~..":'
~._.........------_.....----
Union riational Banko!Pittsburgh
page Z
payment of a percentage of principal on termination and final distribution
of the Trusts..·.
The intcrvtvos trusts were administered according to this a,greenlcnt.The
Duncan Trust has been so adnlinistcred,to the best of my know"ledge,and
the Trusts lUlder'\Vill have been so administered,except that the income
compellsation 'was increased to 5*effective with this payment for the first
quarter 19'74 without previous notice.
As I indicated ·earlier,I want to get D.dvice and discuss this further if I can
come to Pennsylvania the latter parto!October.I think,therefore,if
there is going ·,to be .anaudit,the regular December time would be preferable.
In the mea."1tirne,I would appreciate transfer to me of all common stock due.
and of at least-that portion of the notes not required to cover whatever amount
may finally bedetermi:Iied as'fees due.
Very truly yours,
.Amy Anne W.Ritter
cc:Wm.C.Ritter
a,
)
:1
\:~
\"".."..'".
"j';~,
Ij
I
-I
III""j
.1
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:WALTER H.BAKER,
j
DECEASED,FOR AMY
ANNE W.LEVIN (FORMERLY
M~Y ANNE W.RITTER)
NO.63-70-317
ELECTION TO TAKE IN KIND
NORTHERN TRUST BANK OF FLORIDA,SUCCESSOR CORPORATE
TRUSTEE UNDER THE WILL OF WALTER H.BAKER,DECEASED IN TRUST FOR
~lY ANNE W.LEVIN (FORMERLY AMY ANNE W.RITTER)do hereby elect
and agree to take "In Kind"from EVANS ROSE,JR.,SUCCESSOR
INDIVIDUAL TRUSTEE AND THE UNION NATIONAL BANK OF PITTSBURGH,
SURVIVING TRUSTEE,the following:
Stocks Carrying Value
25 shares American Information
Technologies Corporation,Common
258 shares American Telephone and
Telegraph Company,Common
25 shares Bell Atlantic Corporation,
Common
75 shares Bell South Corporation,
Common
654 shares Coca Cola Company,
Common
19,000 sha~s Cyclops Corporation,Common r'\f
Exhibit "B"
$951.48
956.61
22,689.94
83,522.89
Stocks (Continued)
300 shares Dravo Corporation,Common
443 shares Exxon Corporation,Capital
300 shares National Intergroup,
Incorporated,Common
25 shares NYNEX Corporation,Common
25 shares Pacific Telesis Group,
Common
25 shares Southwestern Bell Corporation,
Common
1,233 shares Texaco,Incorporated,
Common
748 shares Union National Corporation,
Common
Bonds
$30,000 Montgomery County,Pennsylvania
Community Guaranteed College Authority
Revenue 5.20%dated 9/16/79 due 9/1/85
$50,000 Norristown,Pennsylvania Area
School District 6.70%dated 3/1/80
due 3/1/90
Temporary Investment
I
$1,300 Federated Automated 'Government
Money Trust
Cash
The foregoing balance is subject
to payment of the following fees:
$4,381.16
16,962.47
3,724.43 \
397.64
809.64
865.43
6,884.29
5,498.75
30,000.00
50,OOQ.OO
1.300.00
378.82
$233.784.14
Accountant's compensation
Balance due $24,900.00
-2-
Buchanan Ingersoll
Professional Corporation
Attorney's fee $4,500.00
$29,400.00
$204,384.14
this
ATTEST:
;;~N TRUST lANK ~F FLORIDA
V~J",,--(SEAL)
I/P tMA ~i1()~
-3-
,.;":"..~""::3;."-
...~,..
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:WALTER H.BAKER,
/
DECEASED,FOR AMY
ANNE W.LEVIN (FORMERLY
AMY ANNE W.RITTER)
NO.63-70-317
ELECTION TO TAKE IN KIND
NORTHERN TRUST BANK OF FLORIDA,SUCCESSOR CORPORA~E
TRUSTEE UNDER THE WILL OF WALTER H.BAKER,DECEASED IN TRUST FOR
AMY ANNE W.LEVIN (FORMERLY AMY ANNE W.RITTER)do hereby e:ect
and agree to take "In Kind"from EVANS ROSE,JR.,SUCCESSOR
INDIVIDUAL TRUSTEE AND THE UNION NATIONAL BANK OF PITTSBURGH,
SURVIVING TRUSTEE,the following:
Stocks Carrying 'Jalue
25 shares American Information
Technologies Corporation,Common
258 shares American Telephone and
Telegraph Company,Common
25 shares Bell Atlantic Corporation,
Common
75 shares Bell South Corporation,
Common
654 shares Coca Cola Company,
Common
19,000 shares Cyclops Corporation,
Common
Exhibit "B"
$951.48
2,726.40
956.61
1,234.19
22,689.94
83,52:;:.89
..........'
Stocks (Continued)
300 shares Dravo Corporation,Common
443 shares Exxon Corporation,Capital
300 shares National Intergroup,
Incorporated,Common
25 shares NYNEX Corporation,Common
25 shares Pacific Telesis Group,
Common
25 shares Southwestern Bell Corporation,
Common
1,233 shares Texaco,Incorporated,
Common
748 shares Union National Corporation,
Common
Bonds
$30,000 Montgomery County,Pennsylvania
Community Guaranteed College Authority
Revenue 5.20%dated 9/16/79 due 9/1/85
$50,000 Norristown,Pennsylvania Area
School District 6.70%dated 3/1/80
due 3/1/90
Temporary Investment
$1,300 Federated Automated Government
Money Trust
Cash
The foregoing balance is subject
to payment of the following fees:
$4,381.16
16,962.47
3,724.43
897.64
809.64
865.43
6,884.29
5,498.75
30,000.00
50,000.00
1,300.00
378.82
$233,784.14
Accountant's compensation
Balance due $24,900.00
-2-
•
.'".'•.
L .•.-
~-----------------------------.
Buchanan Ingersoll
Professional Corporation
Attorney's fee $4,500.00
$ 29 ,400 ••)0
$204,384.14
hand and sealINWITNESSWHEREOF,I1~this /-I--day of__--=-,1984.
ATTEST:
-3-
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:WALTER H.BAKER,
j
DECEASED,FOR AMY
ANNE W.LEVIN (FORMERLY
AMY ANNE W.RITTER)
NO.63-70-317
ELECTION TO TAKE IN KIND
NORTHERN TRUST BANK OF FLORIDA,SUCCESSOR CORPORATE
TRUSTEE UNDER THE WILL OF WALTER H.BAKER,DECEASED IN TRUST FOR
AMY ANNE W.LEVIN (FORMERLY AMY ANNE W.RITTER)do hereby elect
and agree to take "In Kind"from EVANS ROSE,JR.,SUCCESSOR
INDIVIDUAL TRUSTEE AND THE UNION NATIONAL BANK OF PITTSBURGH,
SURVIVING TRUSTEE,the following:
Stocks
18 shares American Information
Technologies Corporation,Common
194 shares American Telephone and
Telegraph Company,Common
19 shares Bell Atlantic Corporation,Common
56 shares Bell South Corporation,Common
490 shares Coca Cola Company,Common
14,250 shares Cyclops Corporation,Common
225 shares Dravo Corporation,Common
332 shares Exxon Corporation,Capital
225 shares National Intergroup,
Incorporated,Common
19 shares NYNEX Corporation,Common
/
Exhibit "B-1"
Carrying Value
$685.07
2,050.08
.727.02
921.53
17,000.11
62,642.17
$3,285.87
12,712.28
2,793.32
682.21
CI.r.-'i""".'.~
Stocks (Continued)
18 shares Pacific Telesis Group,Common
19 shares Southwestern Bell Corporation,
Common
925 shares Texaco,Incorporated,Common
561 shares Union National Corporation,
Common
Bonds
$20,000 Montgomery County,Pennsylvania
Community Guaranteed College Authority
Revenue 5.20%dated 9/16/79 due 9/1/85
$40,000 Norristown,Pennsylvania Area
School District 6.70%dated 3/1/80
due 3/1/90
Temporary Investment
$1,200 Federated Automated Government
Money Trust
Cash
The foregoing balance is subject
to payment of the following fees:
582.94
5,164.E1
4,124.(6
20,OOO.CO
40,000.00
1,200.00
325.97
$175,554.97
Accountant's compensation
Balance due
Buchanan Ingersoll
Professional Corporation
Attorney's fee
$18,675.00
$3,375.'00
$22,050.010
$153,504.9'7
IN WITNESS WHEREOF,4hreunto set my hand and seal
g-fL>
this day of ~,1984.
Akd
2nd Vice preS1den~
4rf---------------(SEAL)
Vice President &Sr.Trust Officer
-2-
In t4t arourt of·arommon 'ltttll of Ifttll4ingtnn atounty
(@rpqttnll'atom iitrillinn
In the mllltter of the Audit of Account in
j
t
Estate of Wal;ter H•..::Baker Deceased,
for Amy'AnQe W.Levin (formerly
Amy Anne W.Ritter)
•
TO THE AUDITING JUDGE:
.':,'".:..\No.,---"6,-,,,3~--l.7~O~-......3,-,1-l.7 _
Enter__..::m:.:..yl....-appearance for The Union National Bank of Pittsburgh,
Surviving Trustee
J:~t~~~M-
N.B.-Counsel shall,by separate paper,present a concise statement of each
claim,with supporting calculation of any interest claimed.Objections
to an account as filed,shall be concisely stated in a separate paper.
.Council suggesting proper distribution shall file a separate concise state-
~ent in that regard.
.,;a-,.....-
"
•
No.63-70-317
In re Audi,t of Account in Estate of
Walter H.~Baker,Deceased,
for Amy Anne W.Levin
(formerly Amy Anne W.Ritter)
AUDIT
'ratript fnr !\pptaraUtt
FOR
The Union National Bank of
Pittsburgh,Surviving Trustee
Ja~es w.Ummer,Esquire
Buchanan Ingersoll,P.c.
United States Steel Building
57th Floor
Pi~~R~lrnh_PA 1~?1q
Attorn&)'.......
-
.......l.';••-...<.,./
IN THE COURT 0F COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVrlNIA
WALTER H.BAKER,
DECEASED
ORPHANS'COURT DIVISION
NO.63-:,70-317
PETITION SUR AUDIT OF EVANS
ROSE,JR.,SUCCESSOR INDIVIDUAL
TRUSTEE AND THE UNION NATIO~AL
BANK OF PITTSBURGH,SURVIVI~G
TRUSTEE,UNDER PARAGRAPH (et (2)
OF THE WILL
"CODE "TRUST:-=:U::-::N=-D=E=-R~T=H=E:O--:W:7.I==L:-::L=-------
PRESENTED ON BEHALF OF THE ESTATE
OF WALTER H.BAKER,DECEASED
COUNSEL OF RECORD
JAMES W.UMMER,ESQUIRE
PA.I.D.#16428
BUCHANAN INGERSOLL
PROFESSIONAL CORPORATION
FIRM #038
UNITED STATES STEEL BUILDING
57TH FLOOR
600 GRANT STREET
PITTSBURGH,PA 15219
(412)562-8923
(412)562-8800
,,
PETITION SUR AUDIT
IN THE ORPHANS'COURT OF WASHINGTON COUNTY
Estate of Walter H.Baker,
Deceased
For Amy Anne W.Levin
(formerly Amy Anne W.Ritter)
Life tenant
Filed at No.63-70-317
Fiduciary Evans Rose,Jr.,
Successor Individual Trustee
And The Union National Bank of
Pittsburgh,Surviving Trustee
Place of record
of appointment Register of Wills
of Washington County,Pennsylvania
Date of trust August 26,1946
If there have been former accounts filed in this estate,list:
No.90 August Term 1950 A. A.(Estate of Walter H.Baker,
Deceased)
No.317 of 1970 First and Partial Account (due to death of
Co-Trustee)
No.317 of 1970 Second and Partial Account (1/4 share
distribution,life tenant having attained age 45,JU~y 1,1974)
No.63-70-317 Third and Partial Account (removal of Co-Trustee
and appointment of Successor Co-Trustee)
Reason for filing this account Amy Anne Levin attaining age 55 on
July 1,1984 and is entitled to a 1/4 share distribution from
principal of trust.Also,it is the request of the Corporate
Trustee for permission of the Court to resign as Corporate Trustee
and to permit the life tenant to petition the Court for transfer of
the situs of the trust to Florida and approve the appointment of a
Successor Corporate Trustee.
All persons having any interest,vested or contingent (including
claimants),in the fund now before the Court,with the nature of
their interests are:
Amy Anne Levin,life tenant
Children of Amy Anne Levin (remainderman)(All are sui juris)
David Michael Ritter
William Jeffrey Ritter
Miss Susan Duncan Ritter
Christopher Burns Ritter
Miss Anne Elizabeth Ritter
Jonathan Baker Ritter
Andrew D~ncan Ritter
,,
-~.
"
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:
Amy Anne W.Levin,life tenant of the trust,is a resident of
Florida.Your petitioners have been advised by letter dated
June 29,1984,of Richard DiSalle,Esquire,of the intent of
Amy Anne W.Levin to request the transfer of the situs of this
trust to Florida.Since the time that your petitioners received
said notice of the intent to request the transfer of the situs of
this trust to Florida,petitions for change of situs and
designation of successor trustee were filed in Orphans'Cou~t of
Washington County,Pennsylvania by counsel for Amy Anne Weimer
Levin,life tenant of said trust.
Balance for distribution per account,Principal $203,671.77
Additional debits not shown in account:
Income $0.00
SEE EXHIBIT "c"ATTACHED
Principal -Personalty
Income -Personalty
$712.37
18,474.75
Total additional debits
Additional credits not shown in account:
$19,187.12
SEE EXHIBIT "C"ATTACHED
Principal -Personalty
Income -Personalty
$0.00
18,389.61
Total additional credits $18,389.61
Balance for distribution Principal
Income
Total
-2-
$204,384.14
$85.14
$204,469.28
· .
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 "C"for listing of assets held in kind.Elections to take
in Kind are attached hereto and marked Exhibits "B"and "B-1".
Set forth accountants suggestion as to manner and form of
distribution to be made,awards to be stated in proportions
unless specific amounts or items are designated by instrument
under which estate is be.ing distributed:
To:Amy Anne W.Levin (formerly Amy Anne W.Ritter)
1/4 share in accordance with Paragraph Sixth (e)
(3)of the Will of Walter H.Baker,deceased,
balance viz:
Principal -Personalty
Stocks
7 shares American Information
Technologies Corporation,Common
64 shares American Telephone and
Telegraph Company,Common
6 shares Bell Atlantic Corporation,
Common
19 shares Bell South Corporation,
Common
164 shares Coca-Cola Company,
Common
4,750 shares Cyclops Corporation,
Common
75 shares Dravo Corporation,
Common
111 shares Exxon Corporation,
Capital
$266.41
676.32
229.59
312.66
5,689.83
20,880.72
1,095.29
4,250.19
-3-
,.
Stocks (continued)
75 shares National Intergroup,
Incorporated,Common
6 shares NYNEX Corporation,Common
7 shares Pacific Telesis Group,
Common
6 shares Southwestern Bell
Corporation,Common
308 shares Texaco,Incorporated,
Common
187 shares Union National
Corporation,Common
Bonds
$10,000 Montgomery County,
Pennsylvania,Community Guaranteed
College Authority Revenue 5.20%
dated 9/16/79 due 9/1/85
$10,000 Norristown,Pennsylvania
Area School District 6.70%dated
3/1/80 due 3/1/90
Temporary Investment
$100 Federated Automated Government
Money Trust (Treat as cash)
$931.:.1
215.43
226.70
207.70
1,719.68
1,374.69
10,000.00
10,000.1)0
100.)0
Principal cash
The foregoing balance is subject to
payment of the following:
Accountant's compensation
Balance due $6,225.00
52.35
$58,229.l7
Attorney's fee 1,125.00
7,350.JO
$50,879.17
Income -Personalty
Cash
-4-
85.14
$50,964.31
,,,'
To:Evans Rose,Jr.,Successor Individual Trustee,
and Northern Trust Bank of Florida,Successor
Corporate Trustee under the Will of
Walter H.Baker,Deceased,in Trust for
Amy Anne W.Levin (formerly Amy Anne W.Ritter)
for further administration and accounting,
3/4 share balance viz:
Principal -Personalty
Stocks
18 shares American Information
Technologies Corporation,Common
194 shares American Telephone
and Telegraph Company,Common
19 shares Bell Atlantic Corporation,
Common
56 shares Bell South Corporation,-
Common
490 shares Coca-Cola Company,Common
14,250 shares Cyclops Corporation,
Common
225 shares Dravo Corporation,Common
332 shares Exxon Corporation,Capital
225 shares National Intergroup,
Incorporated,Common
19 shares NYNEX Corporation,Common
18 shares Pacific Telesis Group,
Common
19 shares Southwestern Bell
Corporation,Common
925 shares Texaco,Incorporated,
Common
561 Union National Corporation,Common
-5-
$685.07
2,050.08
727.02
921.53
17,000.11
62,642.17
3,285.87
12,712.28
2,793.32
682.21
582.94
657.73
5,164.61
4,124.06
Bonds
$20,000 Montgomery County,
Pennsylvania,Community Guaranteed
College Authority Revenue 5.20%
dated 9/16/79 due 9/1/85
$40,000 Norristown,Pennsylvania
Area School District 6.70%dated
3/1/80 .due 3/1/90
Temporary Investment
$1,200 Federated Automated Government
Money Trust (Treat as cash)
Principal cash
The foregoing balance is subject
to payment of the following:
Accountant's compensation
Balance due $18,675.00
(;'
$20,000.00
40,000.00
1,200.00
325.97
$175,554.97
Attorney's fee 3,375.00
Note:The foregoing distribution has been
equalized with cash based upon the
Mean Market Value of the Securities
as of June 30,1984 and July 2,1984.
Proposed Schedule of Distribution is
attached hereto as Exhibit "D".
-6-
COUNTY OF ALLEGHENY
COMMONWEALTH OF PENNSYLVANIA,
The above named Fiduciary or
representative thereof,being
duly sworn doth depose and
say that the facts set forth
in the foregoing petition are
true to the best of his
knowledge and belief.
Sworn to and subscribed
before 9'\~This--r_0.L..W1..,....-_---"-..",....,,,....,-
day of ~2 '1984
SS
And your petitioners will ever
pray,etc.
EVANS ROSE,JR.
and
THE UNION NATIONAL BANK OF
PITTSBURGH
BY
-7-
.-~
..-.,
\\\.
LAST WILL AND TESTAMENT
.I,WALTER H.BAXEl\,~f LeMoyne Avenue ExtEmsion~South Strabane
T01mship,Hash1:ngton County;Penns1lvania,do make,publish and declare thi::-
as and for my Last Wllland Testament,hereby revoking and Ir.:lking null and
void any aM all former wills and testaments by me at any time'made.
FIRST:'I'direot my Executors hsreinaf'ter named to pay all my jU!lt
debts and funeral expenses aa soon after !l\,V deoease as conveniently-'!t:3."]be. I
done.I
SEXiQND:Du(i\to the fact that the household goods and £w.'n:i.ahing~~
llnd other articles of like kind contair.ed in the domioile above mention(l~
are the property of my daughter,ANNE BAKER \lEIMER,which were soqu1r~.
through inheritancFl !'rom relatives or by gift ·tram her mother or f1'9m mup
no diapoaition thereof is made herain.
~.Any and all household goods and effects end othar Il!'ticles
of a ~j;rictly pel'sonal use and.characte:t"vhioh may be found ~.n Pony other ~,Jll'~e
in vhich I am temporarily residing at the tims of my death,I give and bflquee.tb.
unto my >.'if'e,m:Li·~L.BAKER,and in addition thereto any automobil~')1'
automob116~which!may then possess.
FOURTH:'I'giva and bequeath unto my son-in-law,DAVID P.~lE:m.f!1l.,.m.,
the eum of TEN THOUSAND ($10,000.00)DOLLA1\S as an expression .of my afrectlo:l
WALTER H.
BUER for him and the appreciation of his filial conduot &s a member of my houaebold,
OK-
a.nd it is my wish that with this girt he purchase soma article of a strictly
personal use and characte~.
-1 -
Exhibit "A"
1t:
\
FlFTH:I 'direct that any and all estate,inhe:ritanoe$t.",ansfEl:r.,.
,:.;c other taxes of a sfmUar nature .found to be due and payable upon erJ3·
le~cy,devise,life estate,and remainder provided in this Will,or upon
~~l:r ot.her form of property vbatsoever \/bich might be held to be taxable afi
'-')a:'t of my eatate,shall be paid by my Executors or by my Trustees from
t.it",¢ncipal of my estate,80 that 1lIl1 and all benefioiaries under the
,rovisions of this Will 911&11 receive their bequest,life estate,or r8lllllind8l"
i-;~.thout an,v diminutions in amount or value occasioned by said tar-as and
tJ-j:;·.J",.out witing fOl'ths termination of any life estate;and without.any reim-
~l~sement of tha life tenantR ther~ror.
~.All th6 rest,:residue$and rerralnder of my ea~~te,~'eal,
:;"':~>30l)2.1 and mixed,of 'Jhatsoever kind and \1heresoevel'round,;rh',"~h I ll1O~~ow.
..::''Co whict.r ~jr be clltitled at the time or my de.'lths .!:;1vc~devifJfl an.i
::;Y;l~~.r.l L.:.;;:roCilJ1.1l.!.E,cf Mt;Lebanon 'Iov.lls1llPi AlleghenY'('~tyl .lJennsylva.'lia,
!U"!<:'tU9:Lr'!'l'll.coeasors,::W TRUST,EOWEVER,for the persoDs und :r01:t.!le uses
(a)!~ONE-HALF (1/2)PART of my residuary estate,~,Thich Clball
:~.n<:~.ud~JiJ,V :firoperty !\t.5712 North &1 Road:Hiaini BElQch~F1oride.~if .then the
:>il,;!~nOOll be owed ~r me,shall be set apart 8S Ii separate trust and the
'oet income therefrom shall be paid in monthly or othel'convenient pa;}'1i1euts
1)J.",i:.o my .,Tife,HIWA L.BAKER,dur1l1~her lifetime:.in addition .to SUC!l
·~.;-,.come payments"the Truste~s are authozoized .~use at fUly time and from 11.m~
"0 'i:·i:ne so muC.b.of the principal of we corpus of the trust as in their
r:.lac:-etion my 1:e deemed advisable .?r e.esirab1Q for her lIl:lintsnance~i3upport1.....
r.c~1f.'ort and v.elfarp.~::'ud I direc~the'~l'rulltaes to Bive a 1~beral COI;.st:rot'""-;'C!'.
t-a tila needs for.i!hic'il such ?ri1lO5.pal ·dl.-tght be used•.
-~...
';';.
it .....
(b)Hy said vite,WILMA L.BAnR,shall have the right to
occupy the property at 3712 North &.y Road,Miami Beach,.Florida,for so'long
.:,~j she chooses to remain therein,and the ezpensBS ot maintaining the ~per~.i1
::.ll bilbitable condition,taxes,premiums of fire insurance,and other like
Gbarges shall ba paid by the Trustees !':rom the income received.In 'lihe event
"ha silould not wiflh to continue to r.eaida tbarein,T/he l'rustees,upon ths
:~ece:l,pt of bar 'JIritten notice of permanent removal therefrom,!!JIll sell th~
,:.::,opsZ't/to such person or persons for such price and upon such t~rm8 and.
conditions as they defllll satisf'actory.
(oj upon the death of my said wife,WILMA L.BAKER,the 'uhan
:j::':,:1.~;ipeJ.theretC'fol"e held for har use shall continue to '00 hald TIl TRUST b;r
J'~7'l1€l~.c1 '!'rustel~S 2:ud the net income therefrom shall be paid :!.;'l DlonthlY'C:'
,•.:,"':.,.,';.'.1 ~!l:l sbares aa there are issue oi'hill livIng £It '(-.):,8 dJ);.(;d'.~l:la c:.sath
'.1''.:·::';~~.Ll take p~:::-El'Cirpea,and each such share shall '003 :laiC!u~:j ar1N:\.:a1:::terea.
-1".1 separate trlu:t eatate unto such surviving issue respecti...e:.y !\~:tsin tJ:.e
'lc;<::'r:~'twer.:c.y-one (21)years wen the principal shaH be paid to them free and
.~~~.iicMrged of the trust.Should any of such'issue of th~said GARRATT LeVAN
oJ;!before sttaining the age of twenty-onG (21)years,leaving issue to
.',~'2vlW:l m,her or them,the share of such one or ones so dying eMU ~
...t;.·:id~:l to and llI!\ong the latter,distribution to be r~dc as they 30v'oraUy
,,:,'l;I).i~the age of twenty-one (21)yeare.Should any of the surviving'issue
~f the snit!GlL'UlATT 1eVMl die before attaining the llJe of twentY-OIlG (21)
ye;~.:'i>int.hO'lt leaviDg ~.!"sue to surv:J.ve him;her or them,tho sh'lre of such
- 3 -
I
one 0:'.'ones 00 dYing ohall be divided equally among the surviving bl'OtheI'$
I!:od/or sisters,aa the case may be,or the issue of any of them then deceaeoJ
l'.nd shall be added to and become a pert of the trust,estates held for t.hem
fl...nd the income shall be paid and the principal distributed as a part thereof.
(d)Should T1I1 said vite,WlUM L.BAm,predecease me~then
:;::ld in that event I give,devise and bequeath unto m:I seid Trustees a ONE-
F:':F1'H (1/5)PART of my residuary estate IN TRUST for the use of GARRATT I.eVAJl$
:>.r<-l thoa i.ncoros shall be paid and the ~incipal diBtributed in the saUle i!l!'.Ili!0..:·
.'1f.;e.tove provided 'lor:him in Sub-Section (c)of this paragraph and thil'
~roviaicin shall be in lieu thereof.
(e)The remaining ONF.,..ltALF (1/2)PART of lilY residt1&r)!asi;s';',e,
.:~'l :i.r,tho "vent my 9Clid \dfe should predec680e me,then Ii FOUR-FIFTHS (4/5)
~..
?).;~T .0;.[t.l:e :'let residuary estate;I give,devise and bequ~th unto my Sf:id
·~'r'lf,i;e.eEl t.o be held by them IN TRUST as follow:
{I)An equal ONE-Jl'OURTH (1/4)PART thereof shaH be hp.le
')Ilid unto her in monthly or other convenient payments during her lif(~t.:lme,
£.nd,ilpoll her death,the then principal,together \lith 8D,y income aocruud or
.~t::~uu;u1Eted t.~ereon aml remaining unpaid to her,shall be divided i.;equal
3£:!1 :C03 ~~O and Vo!.li')ng my threo grandchildren hereinafter nB.llied and oha:!.l bEl
~~d.C:ld to tilo t.l,'ust,eDtatea hereinafter created for them and ·..;he inaome :;Ibn::L
'C'C 9<:id RnJ t,h..}l?illciijUl diatributed as a part thereof.
tue to the fact that ample proviaion tor rsry said daughter D'3B 'baen
oocle by other relati'1es of hers,including her IIIOther end.myself,it bas
geemed to me edvisablo i.e maka pl"ovision for.her herein upon til~same baRf.':
£Ie ::I'ld&for ~.tbr.oG lr.rendchildren.
,-...-
.';;-"..
;1
(2)An equal ONE-.FQURTH (1/4)PART stiaU be held in trust
t'Ol'my granddaughter,.AMI ANNE WEIMER,and equal 0N~URTH"(1/4)PART for my
6~a:1ddaughte:r,JULIA V.wmIER,aDd an·equal ONE-POURni (1/4)PART for TJq
gl'lUldson,WALTElt B.WEIHER,and during their reSpective minorities as lIILlob of
the net income as the Trustees in their discretion may del!llll necessary may be
~
::::ed for their maintenance,support and education.During such ID1nority any
,JH'O:ICS ~.nco!l\O over and above their reasonable needs may be accumulated and
:'.c!"J'83t"d 01 the Trustees until they shall have respectively attained their
:."'lj.;>::'.tty,at which time the entire net incollle shall be llSld Unto ·lihma.
(.3)As aIldwen sach of the said grandchildren sb.ttll have
attained the e.ge of forty.•five (45)years,the 'l'.rustees sbBll distribute to
;:l.....m or iter a ONF.-FOURTH (1/4)PART .of the principal of their respective.share
H;~(.i ,.l .tw."'thar ON"'.....FOURTH (1/4)PART thereof Ilsand vhcm thGY shall have
,.·:';.:;?e(;t~cvoly .attained the age of fitty-five (55)years.'Thereefil'lr th'3 income
..""1 t;\e remai::li.n~portion of their principal share shell be palo.to them for
(4)Upon the death '.'f ~l'~'"/"If'my AII~.d grandoh:l.ld:t'en~than
i···.:rt:hm of his or her principal share then remaining in trust,together vith .
.::.;1;;~!1coro.e accrued or 9cOuinulated and r_ining undistributed,shaD.be
f:.i.v:i.dcd per SUrp6&into as JIl6117 shares s.s there are issue him or her sur-
":trine and each share shall be .held end ac1min1stered as a separate trust Until
·;-.f:9 ';lll"'7:l.v:l.ng issue attain thG age of twnty-one (21)years respectively ,.,1len
·;;he principal allall be distributed t..o the:n.·Should any-of such Survivj.llg
j.ElS~die.bGf'ora hav:l.ng attained the age of t.lIenty-one (21)years,the share
·)f such one or ones shall go per stirpes to inarease the shares of the other
surviving issue then living,and so on from t1Jlie to time as otten as a death
"ceurs.
- 5 -
....
~---------------------
(5)'Sbou.l.ci ~of 'I1l1 said grandch11dren die without
leaving issue to survive him or her or,if leaving issue to survive,all of
Imoh should die before attaining the age of twenty-one (21);years,the
undistributed prinoipe.l of suoh one or ones shall be divided equallY'to and
mno!1s the trust estates of the other two grandahildren and the,issue par
~;tirpes of either of them then deceased and shall be held,adm1nistered,and
distributed in accordance with the provisions hereinbefore made for them.
(i'),Ii'at lUlY time or times and from time to time the Trustees
~,:l tbeil'solo diSCl'stion deem it necessary or e.dvisable to use an"v par,t or
!:arts of the principal shares herein provided tor my wife,mY daughter~and
for i!l,.v threa grandchildren tor their maintenanoe,support,education,~omrort
",;~,d 'Jt"lfue,the TrustMB e.re herew1t.h author.had GO to do and tho:Jy obltil give
":.:cberal Cl)n!ltruct.1.on t.n this direction i:nafllllUoh as their comfOl"'l".Bnd w1fare
:.,":"<l of primary cor.a1dsl"&tion t.o me."The income,and principal 11'le,und to
tn lv"eded,of the abara 01'shares of airr minor baneticiaries taking heI'eunde:-
"iI't.y bt:l,expended clurlng tl::air Diinorit;y b;y the Trustees in their di3C=~tio~
l:ev:..aa the custody of suoh one or ones and without the intervention of ~
guar('.,;i.sn or :.-eference to the Orphans'Court haviDg jurisdiction.
(g)During the Continuanoe of the trusts herein created,the
'~·inc:!.pal su:n or aums ot '~o trust funds and the income thereof shall not be
·l:h;i,~et.to or liable for any contraots,debts,engagements,liabilit1en or
';:,ort~)of th.e ooneficiaries respectively nov or hereafter made,con'c..--actad,
:~:JmU"I'p.d oX'COIr.;nitted,but shall be absolutely free trow t111:'1 s:':':;J,e.~~f',t.l1e
beuef'i'31aries respGctively shall have no poWer to sell,assign or encumber all
cr an;?'pe.rt of the principal SUIII or sums of the trust funds OJ:'their uterests
therei.~'respective1y o~'the income thereof,or to e.ntic1pate said j.r,c'Jma.
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~..~;;-..,.:..:...~
,-..'.'
eEVEmHs'I nominate,constitute and appoint EDWARD L.STOCKDALE,of
Nt.Lebanon Township,Al1eg~CouDt;y,PeDnB;ylvazda,aDd THE UNION NA'tlOIW,
l1UlX OF PITTSBtJRGB,a coi'poration,and their SI1coes&ors,to be the Exeoutors
.:If this UI1 Last Will and Test«ment and to be the Trustees hereunder,and I
(,':1ve to my Ex&cutors in the settlement of m:r estate and to m:r Trustees atter
nur estate bas been settled,the tolloving pavers 8J11 or all ot whioh ma:r be
exercised QS ExeC'"J.tors or as Trustees it tound to be neoessar,y or advisables-
(1),To t.ake over and retain ~Oonverted so long filS they may see
of::,t..foa~h and ever.!item ot real and personal propertY'ot which I may bo
pos'sassed .:itbout liabilitY'for depreciation in the value thereot,and in
their discretion to sall or otherwise dispose of all or any of the same:or
t.":-lJ'eoc-J.rlties cr property into which they may be converted as hereinafter,
,~:':',')vJ,(~ed at public or pr-:.vate/:lues to such person or pe:t'sons tOi:'such prioe
':2'~,)'::.oe!l and upo~mlch terms and Oonditions as tbe;y shall deem proper.In
c,'1C;",::J!any I3sle or ether disposition,or any liquidation of any saauritiss
or property at an;y t1IUe held hereunder,the Trustees eball from t1ll'.e to time
LlVe~t.anci reinvest the prooeeds in suoh stocks,bonds,IlDtes,mrtgages or
other secur1~iGs as they shall deem to be safe and vise invesnnente,llJl:i they
shall not be confined !Lor restricted to suoh investments 4S have been made
~.
legal £or fiduciaries unde~the lava of the Commonwealth ofPEIDn8;ylVEUlia.
For the guidan.ce of 'tt13'Trustees in the I118.D8gement ot this trust
~3tatO,I herewi~h ClxpreSt3 the desire tbllt not more than a ONE-FIFID (1/5)
P.<1..RT ':Jt ~interest in the UNIVEaSAL-CYCLOPS STEEL OORPORATION as represented
b.r the COIIIIIlOn capital stock held hereunder be sold solely for the ~se of
diversification of'invaetments.As and when it might seem advisable,desirable
-7-
~...
or necessary to l113'Trustees to sell ~pert or all of the remainin,s EOUR-
FIFTHS (4/5)PART of the common capital stock of the said Universal-Cyclops
Steal Corporation,it is l113'desire that such proposed sale or salss shall
f'irst be discussed vith l113'vite,VIOO L.llAIER,it sha survives me,and lith
!DY daughter,ANNE BAKEa WIMER,and their written consent thereto obtained.
The Trustees are authorized and empowered at.~time or from time
-00 tUna in their sole discretion for IU11 purpose to borrov mone:?and for
thst purpo~e to pledge or mOrtgage any'of the assets or property then
c.m:)tituting tho 1'u:ld and to execute and deliver any and all notea,bonds,
obligations,mortgages,assignments,and other instruments and '.:.0 perf'crm all
acts ne0913881'7,proper or convenient in connection therewith,any and all
such bans,pledges and IilOrtgllges to be made in the sole disortltion of T1f1'
Trustees and fo::,such IUIIOUIltA and upon 8uch tar:na as they aha11 deem proper.
(2)No p1.U"cbas8r of any securl.ties or prO?ert7 ~t any ·tiLlo
.1,2.cl 0:'-otherwise dispoaed of by my Tru.steos shall be under aD,Y rssponsib1llty
rll'litibility to soe to tha application of ~inoomo or principal distributed
by them to uq pereon entitled to reoeive the same under the pro"rl.oions of'
this 1vill.In co!mection vith the sale or tranaf'al'of'any securities ot
pl'opertyo made UDder the provisions hereof,T1f1'Trustees are hal'eby authorized
tc;execute and detival'oil such revocable and irrevocable povers of attorney,
~lls of sale,assignments,deeds,conveyances and such other instruments as
may be necessary or proper in asking such sale or transferee The certificates
for all shares of stock and the t1Ue to all real estat.e vbich !'rom tim8 to
time may M held by the'lrustess hereunder III!lY ba transferred of record into
the names of my'Trustess liS trustees berenDder,or may be transferred into the
...~....
,..
DlllIIa of the nominee of the corporate fiducial'1 authorized by its Board of
Direotors to act in such capaoit,'~The voting Power upon all shares of stock
or other securities at any t1.m8 held b7 'trI1 Trustees hereunder shall be
a.xecuted by 'trI1 Trustees in person or by proq.It 'trI1 Trustees shall at aIl3'
t1:na hold or purchase bonds at a prioe in ex08SS of par,they shall not be
required,exoept at their option,to amortize that part of the purchase price
:I.n exoess of par,but all interest received on said bonds 1118y be treated and
!Jeid out as income,or at the option of 'trI1 Trustees 8II3'income in their hands
h',..:;bP.used at th9 tiL:lS of ~cl:&se to apply a~st that .pert of:the coat
..J!'said.bonda 'Which is in exoess of par.
(3)The Trustees shall have power to hold and man8~IU11 such·
r6al estate,mako repairs and 1mp~vements and make leases thereof to such
t~~nts for euch period end upon Such terms as 'trI1 Trustees u.thsi:discretion
may deta:rminc,a..'I'ld Ill)laase b7 'trI1 Trustees tor Ii term of five years or lesa
,,1::.:111 be tarmine.ted by reason ot the term1Jlation of the trust before the
·J7.ylrlltion of tho term ot the lease,but,in spite ot t~termirJation of the
t~,'UBt,such leUE;shall remain in full force and effect during the term
tharsof.By Trustees shall have paver to receive and collect rente,interest
anrl oths!'inCOI!1El of said real estate or other trust propert,',uc1ng sl10h
j.<::£,'I:lJ.prooeedings as theylll!iy deem necessary far the purpose,and they shall
h~7~paller at allY time to sell,convey and transfer an;r or all real estate
and other property which they may hold as Trustess,ooxrveying and transferring
·~h.a same by deed or other instrument in vriting in such form and ~1ith suoh
covenants as 'trI1 Trustees llI!iy deem best,vithout the consent of 8II3'court and
-..lthout liability on the part or any purohaser to see to the application of..
the purchase money.
- 9 ,..
(.....,"~..
,.
1,
The Trustees are authorized and empover8d to enter into,consent to
or oppose a~corporate reorganizations,mer~s,oonsolldations,dissolutions
and liquidations ot an1 corporations Wose stoaks or other seourities shall
at any time be held b1 them as part ot the trust under the provisions hereof,
and to make,consent ~or oppose other adjustments of and cbanges in the
cap!tal funds or propert1 oonstituting the trust prope1'tr;the1 ma1 exeroise
o.:DJ'and all rights of subscription vith respeot to any stocks,bonds,or other
:)3our1ties inoluded in the trust.
(4)'l'he 'l'rustees in making &n1 distribu.tion of prinoipal of the
trust f\md may make the said distribution in mone;y or in kind or ~in
money and,partly in k.ind.
EIGHTH:In the event the said EDWARD L.STOCItIlALE should predeoease
me or,surviving me,be unable to qualifY as Co-Eltecutor and Co-Trustee
::9rauuder due to UlnGSS,accident or incapaoiiyr to act tor a~reason
loIhlit.aver,or.,llliving qualified,be unable:to perform the duties herewith
imposed,thc:Jn Qnd Ii:that event ~add vite,WII&L.BAIER,if.sha sUMivea
;\'.:';<.ll::d ~:laid :la'.lghtor,ANNE BAKER WEIMER,shall b:1va tho right to mel>:>
euch individual aa his successor as may be suitable to the corporata
f!cl:.uciary here!::named or ita successor in otfioe.In the event fI(f said
daughter should predecease ~sa1d vite or upon the death ot ~said duaghter
if she it:t;he Elurvivor at them,then a IlI1jorit1 in interest ot her issue
who are then sui juris TJa1 at &n1 time or from time to time upon tUins
their ~equest or eleotion in writing change either,or both the individual
and the corporate tI1l3tee then in office.In the event of failure ?f the
beneficiaries to nominate 11 succes30r individual trustee in accordanoe \lith
the above provisions,than the corporate trustee or its suocessor ohall act
as though solel1lJ8J1lE)d her8UJlder.Arry successor corporate trustea named
.,..,
-10 -
_____________------'.4
~.
4·"","l·..·
hereunder Ilhall be a trust OOIIIP8Df or a national bIUIk autborbGd to do trust
business,vbetber located 1D.P8DDB11VaD1a or elsewhere.,and shall have a
caP:1:tial of not less than tl,ooo,OOO.OO and a surplua ot not less.tban
$500,000.00.In the event that I1J.'1 change of Trustee or Trustees is made at
any tme herein provided,the Trustees whose services are discontinued sba1l
effectually transfer or deliver over to their suocessor or suocessors all tl:ie
property held in the 'trust estate and sball tlle an aOOO1Ulting of the ad-
ministration of the trust in a cOUrt of approPriate jurisdiotion.
NINTH:No bond or other security shall be required ot the individual
DBmed as Executor and as'Trustee hereunder nor 8D;Y succeesor to WJn seleoted
:I.n.aocordance with 'the above provisions,and the Trustees,both individual
and corporate,or any substituted Trustee or Trustees,shsll have the right
to 'r.eeign upon giving ninety (90)days'vritten notice of euch intention to
all the benetio1aries taking under .the provisions of this W1llwhetber m.1.nors .
or adults•
.Imm!All the'foregoing provisions with respect to the Trustees shall
appl:r wheth6r one or more trustee shall be acting,regardlsDG of vhother ths
language herein contained shall be appropriate to a trustee singular in number
or trustees plural in 1JUIIIber,and all such provisions shall iDU1"e to the benet!t
not only ot tba Trustses berein D81II8d,blt also to all suocessors in said
oftice.
IN WITNESS WHERmF ~I,WAL'ml.H.BAm,have to this rtr1 Last Will .
aDd Testament set rtr1hand and seal this .26th··~of __aAWNloWliIlilS...t --'
A.D.,19L6'OQl~_
WALTm H.!lAW
Signed,sealed,published and deolartd by the 'above named testator,
-11-
\'0'
,.,.
,
I.;
WALTER H.llAXER,as and tor bis Last 'Will and Testament,in the presence or us,
\11:10,at bis request,in his presenoe and in the presence of each other,haV8
hereunto subscribed our names as vitness8s thereto.
WAI.Tm E.BAKER
Address a 621 Chestm1i st.
Brldmills.fa.
GRACE P.WIRTZ
Address:753 Washington Ave.
Bridmille.PI.
ELVIRA P.CASW.T.I
AddressI 614 Bank Street
Bridgevills.Pa,
I'
/
l
-12-
;
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:HALTER H.BAKER,
DECEASED,FOR Al1Y
..
NO.63-70-317
ANNE W.LEVIN (FORMERLY :
AMY ANNE W.RITTER)
ELECTION TO-TAKE IN KIND
AMY ANNE W.LEVIN (FORMERLY AMY ~~NE W.RITTER)IN
ACCORDANCE WITH PARAGRAPH SIXTH (e)(3)OF THE WILL OF WALTER H.
BAKER,DECEASED,does hereby elect and agree to take "In Kind"
from EVANS ROSE,JR.,SUCCESSOR INDIVIDUAL TRUSTEE AND THE UNION
NATIONAL BANK OF PITTSBURGH,SURVIVING TRUSTEE,the following:
Stocks Carrying Value
7 shares Pacific Telesis Group,Common
6 sharesNYNEX Corporation,Common
$266.41
676.32
229.59
312.66
5,689.83
20,880.72
.1,095.29
4,250.19
931.11
215.43
226.70
I.
164 shares Coca Cola Company,Common
19 shares Bell South'Corporation,Common
"
4,750 shares Cyclops ~orp~ration,common
75 shares Drayo Corporation,Common,
111 shares Exxon Corporation,Capital
75 shares National Intergroup,Incorporated,
Common
7 shares American Information
Technologies Corporation,Common
64'shares &~erican Telephone and
Telegraph Company,Common
6 shares Bell Atlantic Corporation,Common
Exhibit "B"
Stocks (Continued)
6 shares Southwestern Bell Corporation,
Common
308 shares Texaco,Incorporated,Common
187 shares Union National Corporation,
Common
Bonds
$10,000 Montgomery County,pennsylvania
Community Guaranteed College Authority
Revenue 5.20%dated 9/16/79 due 9/1/85
$10,000 Norristown,Pennsylvania Area
School District 6.70%dated 3/1/80
due 3/1/90
Temporary Investment
$100 Federated Automated Government
Money Trust (Treat as cash)
$207.70
1,719.68
1,374.69
10,000.00
10,000.00
100.00
--l
Cash
The foregoing balance is subject to
payment of the following fees:
Accountant's compensation.
Balance due $6,225.00
I
52.85
$58,229.17
Buchanan Ingersoll
Prof~ssional Corporation
Attorney's.fee $1,125.00
7,350.00
$50,879.17
IN WITNESS WHEREOF,I hereunto set my hand and seal
this day of_'_"_.,1984.
---,~--,.-.",,-___.........,.,.,.....,..-----(SEAL).AMY ANNE W.LEVIN
WITNESS:
-2-
IN THE COURT OF CO!~10N PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORP~~SI COURT DIVISION
IN RE:WALTER H.BAKER,
DECEASED,FOR AMY
ANNE W.LEVIN (FORMERLY
AMY ANNE W.RITTER)
..
NO.63-70-317
ELECTION TO TAKE IN KIND
NORTHERN TRUST BANK OF FLORIDA,SUCCESSOR CORPORATE
TRUSTEE UNDER THE WILL OF WALTER H.BAKER,DECEASED IN TRUST FOR
AMY ANNE W.LEVIN (FORMERLY ~~ANNE W.RITTER)do hereby elect
and agree to take "In K~nd"from EVANS ROSE,JR.,SUCCESSOR
INDIVIDUAL TRUSTEE AND THE UNION NATIONAL BANK OF PITTSBURGH,
SURVIVING TRUSTEE,the following:
Stocks
18 shares American Information
Technologies Corporation,Common
194 shares American Telephone and
Telegraph Company,Common
19 shares Bell Atlantic Corporation,Common
56 shares Bell South Corporation,Common
490 shares Coca Cola Company,Common
14,250 shares Cyclops Corporation,COlwnon
225 shares Dravo Corporation,Common
332 shares Exxon Corporation,Capital
225 shares National Intergroup,
Incorporated,Common
19 shares NYNEX Corporation,Common
Exhibit "B-1"
Carrying Value
$685.07
2,050.08
727.02
921.53
17,000.11
62,642.17
$3,285.87
12,712.28
2,793.32
682.21
Stocks (Continued)
18 shares Pacific Telesis Group,Common
19 shares Southwestern Bell Corporation,
Common
925 shares Texaco,Incorporated,Common
561 shares Union National Corporation,
Common
Bonds
$20,000 Montgomery County,Pennsylvania
Community Guaranteed College Authority
Revenue 5.20%dated 9/16/79 due 9/1/85
$40,000 Norristown,Pennsylvania Area
School District 6.70%dated 3/1/80
due 3/1/90
Temporary Investment
$1,200 Federated Automated Government
Money Trust
Cash
The foregoing balance is subject
to payment of the following fees:
582.94
657.73
5,164.61
4,124.06
20,000.00
40,000.00
1,200.00
325.97
$175,554.97
Accountant's compensation
Balance due
Buchanan Ingersoll
Professional Corporation
Attorney's fee
$18,675.00
$3,375.00
$22,050.00
$153,504.97
IN WITNESS WHEREOF,I hereunto set my hand and seal
this day of ,1984.
NORTHERN TRUST BANK OF FLORIDA
____________(SEAL)
ATTEST:
-2-
-------~--------------------------.......,
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
NO.63-70-317
WALTERH.BAKER,DECEASED
ADDITIONAL RECEIPTS AND DISBURSEMENTS
TO THE
FOURrH AND FINAL ACCOUNT
OF
EVANS ROSE,JR.,SUCCESSOR INDIVIDUAL TRUSTEE
AND
THE UNION NATIONAL BANK OF PITTSBURGH
SURVIVING TRUSTEE UNDER PARAGRAPH SIXTH (e)(2)OF THE WILL
TRUST FOR
AMY ANNE W.LEVIN
(FORMERLY AMY ANNE W.RITTER)
ACCOUNT STATED "TO APRIL 4,1984 ~O OCTOBER 18,1984
SUMMARY AND INDEX
PRINCIPAL-PERSONALTY PAGES
Receipts 4 $203,671 77
Net Gain on Conversions 4 712 37
Sub-Total $204,384 14
Less Disbursements 4 0 00
Investments 4
Capital Changes 5
Principal Balance Remaining $204;384 14
INCOME-PERSONALTY
Receipts 5-6 $18,474 75
Less Disbursements 7 923 73
Balance before Distribution $17,551 02
Less Distribution to Beneficiary 7 17,465 88.
Income Balance Remaining 85 14
COMBINED BALANCE RMEAINING $204,469 28
Exhibit IIC II
,--------------------------------~--,
WALTER H.BAKER,DECEASED
COMPOSITION OF NET BALANCES
PRINCIPAL -PERSONALTY
Account
I+-V-=-.a=l=ue..--
Stocks
25 shares American Information
Technologies Corporation,Common
258 shares American Telephone and
Telegraph 'Company,Common
25 shares Bell Atlantic Corporation,
Common
75 shares Bell South Corporation,Common
654 shares Coca-Cola Company,Common
(Shown in Fourth and Final Account filed
as'64 shares,should be 654 shares
19,000 shares Cyclops Corporation,
Common
300 shares Dravo Corporation,Common
443 shares Exxon Corporation,Capital
300 shares National Intergroup,
Incorporated,Common (formerly National
Steel Corporation)
25 shares NYNEX Corporation,Common
25 shares Pacific Telesis Group,Common
25 shares Southwestern Bell Corporation,
Common
1,233.shares Texaco,Incorporated,
Common
748 shares Union National Corporation,
Common-
Bonds
$30,000 Montgomery County,Pennsylvania
Comm~nity Guaranteed College Authority
Revenu~·5.20%dated 9/16/79 due 9/1/85
$50,000 Norristown,Pennsylvania Area
School District 6.70%dated 3/1/80 due
3/1/90
-2-
$951 48
2,726 40
I
I95661I
1,234 19
22,689 94
83,522 89
4,381 16
16,962 47
3,724 43
897 64
809 64
865 43
6,884 29
5,498 75
30,000 00
50,000 00
o-j
WALTER H.BAKER,DECEASED
PRINCIPAL ~PERSONALTY
(continued)
Temporary Investment
$1,300 Federated Automated Government
Money Trust (formerly Federated Trust
for Short-Term United States Government
Securities)(Treat as cish)
Cash
Note:Foregoing balance in subject to
payment of the following:
The Union National
Bank of Pittsburgh
Accountant's
compensation $34,900.00
Payment on
account 10,000.00
Balance due $24,900.00
Buchanan Ingersoll
Professional Corporation
Attorneys'fee 4,500.00
TOTAL PRINCIPAL
INCOME -PERSONALTY
Cash
COMBINED TOTALS
-3-
.'":
Account
Value
$1,300 00
378 82
$233,784 14
29,400 00
$204,384 14
85 14
$204,469 28
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WALTER H.BAKER,DECEASED
PRINCIPAL -PERSONALTY
,RECEIPTS I,
Principal balance per Fourth and Final I
IAccountfiledI $203,671 77,;
j
!,
PRINCIPAL CONVERSIONS INTO CASH
Gain Loss----,
8/30/84 25 shares U S West,,
Incorporated,Common ,
Proceeds $1,527.90
Carrying value 815.53 $,712 37 -·
$10,100 Federated !Automated Government
I Money Trust
;.Redeemed 9/28/84-10/18/84 $10,100.00I
I Carrying value 10,100.00 -,-
•TOTALS $'712 37 -
,
Net Gain Transferred to Summary Page -$712 37
,
J •PRINCIPAL PERSONALTY •-•I,
'.IDISBURSEMENTS;•,
None I $0 00,
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PRINCIPAL INVESTMENTS ,
9/14/84 $1,500 Federated Automated Government I
!Money Trust $1,:500 00
i ICashdisbursedtopurchasetheaboveasset1,500 00
$ 0 00I
\,
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5/24/84
WALTER H.BAKER,DECEASED
PRINCIPAL CAPITAL CHANGES
Bell South Corporation,Common
25 shares Shown in Fourth and Final
Account filed
50 shares Received as a 3 for 1 Stock
Split as holder of record
on 5/5/84
75 shares
$1,234 19
o 00
$1,234 19
8/30/84
U S West,Incorporated,Common
(Shown in Fourth and Final Account as
United States West,Incorporated)
25 shares Shown in Fourth and Final
Account filed
25 shares Sold
$815 53
815 53
Federated Automated Government Money Trust
(formerly Federated Trust for Short-Term
United States Government Securities)
$9,900 Shown "in Fourth and Final
Account filed
1,500 Purchased 9/4/84
$11,400
10,100 Redeemed 9/28/84 -10/18/a4
$1,300
INCOME -PERSONALTY
RECEIPTS
$9,900 00
1,500 00
$11,400 00
10,100 00
$1,300 00
Income balance per Fourth and Final
Account filed
American Information Technologies
Corporation,Common
25 shares 5/2(84 -8/2/84
American Telephone and Telegraph Company,
Common
258 shares 5/2/84 -8/2/84
Bell Atlantic Corporation,Common
25 shares 5/2/84 -8/2/84
Bell South Corporation,Common
25 shares 5/2/84
75 shares 8/2/84
Coca-Cola Company,Common
654 shares 7/3/84 -10/2/84
-5-
$48 75
48 75
$o 00
75 00
154 80
80 00
97 50
902 52
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WALTER H.BAKER,DECEASED
RECEIPTS
(continued)
Cyclops Corporation,Common
19,000 shares 7/2/84 -10/1/84
Dravo Corporation,Common
300 shares 5/29/84 -8/27/84
Exxon Corporatipn,Capital
443 shares 6/12/84 -9/11/84
National Intergroup,Incorporated,Common
(formerly National Steel Corporation)
300 shares 5/1/84 -8/1/84
NYNEX Corporation,Common
25 shares 5/2/84 -8/2/84
Pacific Telesis Group,Common
25 shares 5/2/84 -8/2/84
Southwestern Bell Corporation,Common
25 shares 5/2/8~-8/2/84
Texaco,Incorporated,Common
1,233 shares 6/11/84 -9/11/84
Union National Corporation,Common
748 shares 6/11/84 -9/11/84
.U S West,Incorporated,Common
25 shares 5/2/84 -8/2/84
Montgomery County,Pennsylvania Community
Guaranteed College Authority Revenue 5.20%
$30,000 3/1/84 -9/1/84
Norristown,Pennsylvania Area School
District 6.70%
$50,000 3/1/84 -9/1/84
Federated Automated Government Money Trust
(formerly Federated Trust for Short-Term
United States Government Securities)
3/1/84 -9/30/84
TOTAL INCOME RECEIPTS
-6-
'.....,'...~.~'.':."
$10,450 00
75 00
753 10
75 00
37 50
67 50
70 00
1,849 50
688 16
67 50
780 00
1,675 00
576 67
$18,474 75
'"."~
17,
$18,
-7-
WALTER H BAKER DECEASED
INCOME DISTRIBUTION TO BENEFICIARY
Amy Anne W.Levin
Account net income
7/6/84 $7,631.68
10/2/84 9,834.20
TOTAL INCOME DISTRIBUTIONS
TOTAL INCOME DISBURSEMENTS
Distribution in accordance with Paragraph
Sixth (e)(3)of the Will
.,
INCOME,-PERSONALTY
DISBURSEMENTS
The Union National Bank of Pittsburgh ,,
Accountant's compensation .,
4/3/84 -10/18/84 $923 73 I
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465 88
389 61
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WALTER H.BAKER,DECEASED
SURVIVING TRUSTEE UNDER PARAGRAPH SIXTH (e)(2)OF THE WILL
TRUST FOR AMY ANNE W.LEVIN
SCHEDULE OF DISTRIBUTION BASED UPON MEAN MARKET VALUES AS OF 6/30/84 AND
Shs.
PROPOSED
Stocks Account
Value
Market
Value
Amy Anne W.Levin
1/4 share
Account Market
Shs.Value Value Shs.
7/2/84
Remains in'Trust for
Amy Anne W.Levin
3/4 share
Account Market
Value Value
25
258
25
75
654
19,000
300
443
300
25
25
25
1,233
748
*25
American Information
Technologies Corporation,
Common
American Telephone and
Telegraph Company,Common
Bell Atlantic Corporation,
Common
Bell South Ccrporation,
Common
Coca-Cola Company,Common
Cyclops Corporation,Common
Dravo Corporation,Common
Exxon Corporation,Capital
National Intergroup,
Incorporated,Common
NYNEX Corporation,Common
Pacific Telesis Group,
Common
Southwestern Bell
Corporation,Common
Texaco,Incorporated,
Common
Union National Corporation,
Common
United States West,
Incorporated,Common
951.48
2,726.40
956.61
1,234.19
22,689.94
83,522.89
4,381.16
16,962.47
3,724.43
897.64
809.64
865.43
6,884.29
5,498.75
815.53
1,626.56
4,410.19
1,700.78
2,071.88
37,605.00
647,187.50
3,553.13
18,024.56,
7,837.50
1,516.41
1,359.38
1,394.53
41,652.28
23,047.75
1,448.44
7
64
6
19
164
4,750
75
III
75
6
7
6
308
187
*6
266.41
676.32
229.59
312.66
5,689.83
20,880.72
1,095.29
4,250.19
931.11
215.43
226.70
207.70
1,719.68
1,374.69
195.73
455.44
1,094.00
408.19
524.88
9,430.00
161,796.87
888.28
4,516.31
1,959.37
361·94
380.63
334.69
10,404.63
5,761.94
347.63
18
194
19
56
490
14,250
225
332
225
19
18
19
925
561
*19
685.07
2,050.08
727.02
921.53
17,000.11
62,642.17
3,285.87
12,712.28
2,793.32
682.21
582.94
657.73
5,164.61
4,124.06
619.80
1,171.12
3,316.19
1,292.59
1,547.00
28,175.00
485,390.63
2,664.85
13,508.25
5,878.13
1,152.47
978.75
1,059.84
31,247.65
17,285.81
1,100.81
'1
-,0
=,./
+J....
.Q.....c><~
*Subsequent transactions reft~cteQ on Summary on Rh~p~1
2
WALTER H.BAKER,DECEASED
SURVIVING TRUSTEE UNDER PARAGRAPH SIXTH (e)(2)OF THE WILL
TRUST FOR AMY ANNE W.LEVIN
PROPOSED SCHEDULE OF DISTRIBUTION BASED UPON MEAN MARKET VALUES AS OF 6/30/84 AND 7/2/84
(continued)
Market
Val_ue
Remains in Trust for
Amy Anne W.Levin
3/4_share
Account
Value
Par
Value
Amy Anne W.Levin
1/4 share
Par Account Market
Value Value Value
Market
Value
Account
ValueBonds
Par
Value
$30,000
50,000
Montgomery County,
Pennsylvania Community
Guaranteed College
Authority Revenue 5.20%
dated 9/16/79 due 9/1/85
Norristown,Pennsylvania
Area School District 6.70%
dated 3/1/80 due 3/1/90
Temporary Investment
30,000.00
50,000.00
232,920.85
29,025.00
44,500.00
867,960.89
10,000
10,000
10,000.00
10,000.00
58,272.05
,I9,675.00
8,900.00
217,241.80
20,000 20,000.00
40,000 40,000.00
174,648.80
19,350.00
35.600.00
650,719.09
$9,9UO J:o'ederated Automated
Government Money Trust
(formerly Federated
Trust for Short-Term
United States Government
Securities)
(Treat as cash)
Principal cash
9,900.00
250.92
243,071.77
9,900.00
250.92
878,111.81
_2,200.00
86.15
60,558,20
2,200.00
86.15
219,527.95
7,700.00
164.77
182,513.57
7,700.00
164.77
658,583.86
Note:The foregoing
distribution is subject
to the following fees:
The Union National
Bank of Pittsburgh
Accountant's
compensation 34,900.00 34,900.00 8,725.00 8,725.00 26,175.00 26,175.00
Buchanan Ingersoll
Professional Corporation
Attorneys'fee 4,500.00
203,671.77
4,500.00
838,711.81
1,125.00
50,708.20
1,125.00
209,677.95
3,375.00
152,963.57
3,375.00
629,033.86
,
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WALTER H.BAKER,DECEASED
SURVIVING TRUSTEE UNDER PARAGRAPH SIXTH (e)(2)OF THE WILL
TRUST FOR AMY ANNE w.LEVIN
SUMMARY OF TRANSACTIONS
3
Remains in Trust for
Amy Anne W.Levin
3/4 share
Account
Value
Market
Value Cash
Amy Anne W.Levin
1/4 share
Account Market
Shs.Value Value Cash Shs.
Account
Value
Market
Value Cash
Balance of Stocks and
Bonds per sheet 2 232,920.85 867,960.89 58,272.05 217,241.80 174,648.80 650,719.09
*Sold:25 shares U ~
west,Incorporated
(shown on sheet 1 as
United States west,
Incorporated),Common 815.53
232,105.32
Federated Automated
Government Money Trust
per sheet 2 (Treat as
Cash)
Principal Cash per
~hee~?
1,448.44
866,512.45
'I1,527.90
9,900.00
L~U.':U
11,678.82
6 195.73
58,076.32
347.63
216,894.17
366.70
2,200.00
86.15
2,652.85
19 619.80
174,029.00
1,100.81
649,618.28
1,161.20
7,700.00
164.77
9,025.97
Less:Accountant's
compensation paid on
Account
Federated Automated
Government Money Trust
(Treat"as Cash)
Principal Cash
1,300.00
378.82
233,784.14
1,300.00
378.82
868,191.27
10,000.00
1,678.82
100.00
J2.85
58,229.17
--2 , 500 ;-()0
152.85
100.00
52.85
217,047.02
1,200.00
325.97
175,554.97
1,200.00
325.97
651,144.25
7,500.00
1,525.97
•'.
Less:
The Union National
Bank of Pittsburgh
Balance Accountant's
compensation 24,900.00
Buchanan Ingersoll
Professional Corporation
A~~g£noyo'fcc 4,~00.OO
204,384.14
Income Cash 85.14
204,469.28
24,900.00
1j,~UU.UU
838,791.27
85.14
838,876.41
b,n5.00
1,125.00
50,879.17
~~8.;.5.14
50,964.31
6,225.00
1,125.00
209,697.02
85.14
209,782.16
18,675.00
3,375.00
153,504.97
153,504.97
18,675.00
3,375.00
629,094.25
629,094.25
,....
.'.-,T .'
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PETITION SUR AUDIT
IN THE
ORPHANS'COURT
OF'WASHINGTON COUNTY
FORM USED FOR GUARDIAN-INCOMPETENTS
-OR TRUSTEES
NO.63-70-317
ESTATE OF WALTER H.BAKER,~DECEASED
FOR Amy Anne Levin (formerly
Amy Anne W.Ritter)
~i~¢tri~¢¢~~ete~trlifetenant
Evans Rose,Jr.,
Successor Individual Trustee
and
The Union National Bank
of Pittsburgh,Surviving Trustee
Counsel for the accountant shall sumbit
herewith the following,if pertinent:
1.Will ¢t/tt~.t/i~.tt~~e~t/rattested.Exhibit "A"
2.t~Ye~t¢ty'
3.Signed elections of items to be taken
in kind-Exhibits "B"and "B-1"
it/¢i.tti~~ti¢~I/~¢¢¢~~t,
4.$tt~~l~ti¢~/¢t/¢~ttiti¢~t~/~y/~i~¢t
~~~t¢Yi~0/~¢¢¢~~t'
5.Praecipe for those represented.
6.Brief-for any question of law raised.
James W.Ummer,Esquire
Buchanan Ingersoll,P.C.
600 Grant Street,57th Floor
Pittsburgh,PA 15219
Counsel for accountant
"
~:£."-,.,,,....-...-~;\-.'-,,-.---,.~~-~---'-.\\
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Estate of NM1.J:;B H.:J}J.IJ.Q!;B."P.E.g.~£l.~.P..
TRUST UNDER ARTICLE SIXTH PARAGRAPH (e)(2)..........._.
OF THE WILL
For AMY f.\NN;e;xm.:j;MEB B.U~E.5 ..
~life tenant
Fonn for Guardian or Trustee
Filed at No..;§~:::I9.::)J.J ......~.....
Fiduciary..W.~J1~.?:m ...Q..~...:B~J~r..,....§!d£.~~.:~:L~9.r.....+.p..~ty.~dual
Trustee and The Union National Bank of
..r.i:tt.§);uu:gb.o....:;;.1J.ry.;i..Y:i,P.g..l'.r.y.p..t.~.~...lJ.ng~r....t.h~...W.ill
Place of record Register of Wills of Washington
of appointmentc.Ql.llJ:tY.P..~xm.§Y...l.Y..?-n;i,.?-~.
Will
Dateoft~~:nxbi:amsbip:Augu.st 2.6.~19.~.6 ..
If there have been former accounts
filed in this estate,list:No..90 August term 1950 A.A.(Estate of Walter E.Baker,Deceased)
lifo.,317 of 1970 First and Partial.Account (due tc death of Co-Trustee)
No.317 of 1970 Second and Partial Account (1/4 Ehare distribution of the
.~~st1f~~7no Amy.Anne Weimer Ritter.,life tenant,having attained age 45,
~eason for filing this ac.cOl;mt.b.oolt'....F.inal...0r.der....p.:t:...t.his.yoCau:ct./tidated.•.eIUU.e...2.6.....l9.7.-9.~...Willia.lll.-l'.~.A"1:.1U t t er:LS removed as Ir:.d:Lv:Ldual Co-Trustee of the TrusI"and..olhe Un:Lon l~a.t:L~·n'aI BCLnk--'6T .Pit,$u\lrghardWill~'am.C.:§itter are directed to file an accounting .of the 'l'rmt within sixty bO)a.ayssa:Ld rder ool CD rt ....'.A9.persons avmg any m¥erest,vested or contmgent (mcludmg claImants),III the funa now before the Court
with the nature of their interests are:'
Under Article Sixth,Paragraph (e)(2)of the Will.is a life estate for Amy Anne Weimer
Ritter?granddaughter.,and on her.death distribution .would be for tte benefit of her issue,
namely;Christopher Burns Ritter,Susan Duncan Ritter,Andrew.Duncan.Ritter,David Michael
Ritter,and William Jeffrey Ritter,all sui juris,and Anne Elizabeth Ritter and
Jonathan Baker Ritter,both minors.
All of said parties have received notice as required by the Court Rules.~asc~
The fund now before the Court is subject to the following taxes:
None
Set forth ~Y legal problems requiring adjudication by the Court or difficulties that mmt be met in distribution:
Subsequent to the presentation to this Court of the Petition o~Amy Anne Weimer Ritter,
life tenant,for removal of Co-Trustee and appointment of Successor.:o-Trustee;Your
Honorable Court entered on June 26,1979 a final Order of Court wherein William C.Ritter is
removed as Individual.Co....,Trustee-and did further confirm the appoint:nent'of Evans Rose,Jr.
as Successor Individual..Co-Trustee of this Trust.for the benefit of Amy Anne Weimer Ritter
under Article Sixth,Paragraph (e)(2)of the Will of Walter H.Eaker,deceased.A copy of
said Order of Court·is ~ttached hereto.as Exhibit "B".
,,~---J
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Balance for distribution per account,
Additional debits not shown in account:
(Indicate whether income or principal)
See Additional Receipts and Disbursements
Principal
Income
Principal
Income
j Exhibit "c"
I
Total additional debits
$l8.6.".8A5 O'!L .
$.9..~.9.Q ..
27.90
8,608.45
$8..006.3.6.:..35..
"ll
I
Additional credits not shown in account:
(Indicate whether in~ome or principal)
See Additional Receipts and Disbursements'-Exhibit "c"
Principal
Income
Total additional credits
12.39 .
7,714.18
$7.".7.;?.9..:.:?.I ::: .
Balance for distribution Principal $1.86.!).8.6.o ;i.5 .
Income $~.9..~?.7...
Total $;h§.1..~.1.?.~.:.~g .
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 "c"
-~"'='----'._--._....;.;:...-_--~~_._-
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LAST WIg AND TESTAMENT
I~WALTER H.BAKm,of I.e!\ioyna Avenue E:rl.enaiort~South Strabane
Township,Hash1:ngton Coimty;Pennsylvania,do make,publish and declare thi~
as and for my Last Will and Testament)hereby rsvoki.i1g and D':lking 1l1.1Jrl and
void Em.Y and all former wills and testaments by me at any t1memade.,,
FIR§T:'I'direot my Executors 1:lereinafter named to ~V'all my just
debts and f'uneralexpenses as soon after my,deoease fiB conveniently '!r.3.]be
done.
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,sECONDJ.Due to the fact tbat 'Jihe household go"ds and i'ill-m.Sb.ingS
no disposition ~hereor is made herein.
Wl1TER H.
BAKER
OK-
and other artioles of like kind oontei~Eld in the domicile abo't"e msnt.ionoc
are the pr.operty of 1I!7 daughter,ANNE BAKER 'W'EIMER,whic~ware scquiJred
,through inherit~ncf)from relatives or by girt 'from her IDQther or froIjl.meS'
\
lHIRD.~'Any and all household goods and effeotf!and oth(l!'o:o."ti oles
of a ~i:,rictly pe1'sonal use and,che.rac'lie:c which may be fo-qnd ix:.an:r other p!..;"lQe
in ",hich I amt~rar11y residing 8.t the time of my death,I giV€l and 'b(-)qu~s.tb.
unto my wife~\.JJ;LHA L.BAKER,and in addition thereto any autcmo'bile 01:
automobiles vbiqh !may then possess.
FOURTH:'I'g1.va and bequeath unto 'JJI3'son-in-la""DAVID P.\ffiIl-1.ER,.~.,
the sum of TEN THOUSAND''<$10,000.00).DOLLARS as an Gxpra~Bion of 'JJI3'(tf'fect:i.on
C"for him and the 'appreciation of his fUial conduot as 's,~ember of my household,
and.it is m:r wi~h that 'With this gift he purchase soma a~ole of a strictly
personal use ~obaraote;-.
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1...1 _
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Exhibit "A"
t •
.,,,
FIFTH~I 'direct that any and all estate,inheritanoeS't.:t:'snsfa:r.,,'
Qr other taxes of a a1m1la.r nature found to be due and payable upon en;}"
legacy,deviae,lire estate,and remainder provided in this Will,or upon
~nY'other form of property whatsoever Wich might be held to be taxable Be
I
ti ;,Jal't of my eatateg shall be paid by my Executors or by "IJl7 Trustees from
,the principal of m:y estate,so that any and all benetioia:des under the
,rov;.s1ons of this Will shall receive their bequest,~'t.fe eatate,or r81Mind~
io.rithout an.v diminutions in amount or value occasioned by said taJ.:as ~nd
wi:(',;'.out wait1ng foz'the termination of any life estatG,and withou'!:'any re1m-
~L~Bement of the lifa tenantR ther8for.
SIDH:'All th6 l"eat,:residue,and reroainder of 'Ilf;J ast\,~tel'l'ea1,
~
';:'f:j:':"80D.&l and mixed,of ~.lhatsoever kind and wheresoever found,l"'h.{~h.;r rro.y ow
~:~..~whicr.I m&J'be etLtitled at the time of 1Til'da"1tth,''X g1vo~devisf'l and
c.!l.d p'.lrpi)aes herei.naf't~..set forth,'tv-wit:-
.(8)A ONE-HALF (1/2)PART of my residuary estate,~.'rhicli shall'
tnc).ude my property at 5712 North &'y Road~'Miaini B~ch9 Florida~i.f ,then the
sable nilllll be owned 11::me,shall be set apart as Ii separate trllst and the
1let income therefrom shall be paid in monthly or other convenient pe:tments
unto nry '\-Tife,'WIlMA L.BAKER,durillff her lifetime~in addition ,to SUCA
5.::i.come paymentsI'the Truste~8 ara authoi"1zed ·to use at any t.1.me and from 11me"
~:-0 ·(·i::z:.e so much of the I'riD.cipal of the corpus of..the trust as in their
~1a~etion may ce deemed advisable or desirable for hat maintenancG p ~llpport,
comfort and wel.far~;~ud I direct the 1~~staes to give a libeTal co~structio~
toO the needs foY.'~hich such principal zn.i.ght be used.'
,.....,,-
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(b)My said v.1f'e~WILMA L.BAKER,shall have the right to
occupy the property at 3712 North Bay Road~Miami Beach,.Florida,fOl'so'lo~
as she chooses to remain therein,and the expenses of maintai:rlng '~he propert:r
~.n habitable condition,taxes,premiuma of fire insurance,and other like
oharges shall ba paid hy the 'l'rustees from the income receivec1.In '~be avant
I she should not wish to continue to r.eside tharein,the Trustees"upon ths
:.'ece5.pt of her m-it'!ien notice of permanent.removal therefromp !!JiJ.7 sell t.he
::!'OPS1.,.ll:il to such person or persons for such price and UpOll such term~and
conditions as they deam satisfactory.
(c)·Upon the death of my said wife,WIUfA L.BAKER,the J-Jlen
~J"~In.:::ipal tr..sretC'f.o~e held for ·hm."use s~l1 continu.e to be hE;tld IN TRUST by
1'17 :1d.d Trustees and the net income therefrom shall b~paid i.7:monthlj-c::.·
~)~:·t·,~n.'convenient payment.s to her son,QARRATT LeVAN,dUI'ing }1..l~}_lf09'i;im.~and,
'..1.1"':"·1'1 ;-Jif·death,t,ha pl':tncipal then remain.i.ng 1.:"1 the tl''Ilst 6hF1iI h.')tilv1dad
:(,:(1';:.:)~.a many shares as there are issue of'hi~livlngt:lt '[',heiiim9 01'.~lla death
'.1~1:)Cl~~.L1 take per ertirpea,and each such share shall be hela.!.i:'!:1 ad.TI')5.:aistered
:'l~t'l ~1eparate trlist estate unto such suT'lJi'd.ng lSBue respectiveJ.y l\~·.tsin the
a~;ti r:~twent,y-oIl6 (21)yeB.rS wen the principal shalJ.,be lxdd to them f~ee and
6.:i.Bc·oorged of the trust.·Should any of suqh"issue of t,ha said,{1t1RRA1'T LeVAN·I"'
d5.~~bafol's attaining the age of twenty-one (21)'years,leaving issue to
r,l~vl'.r{;him,her or them,the share of such one or ones so dying Br.all M
d.5.7idl3d to and among the latterp distribution to be II1Bde as th(l~T:3G''H::raJ~y \'
..
:.:'.':,V:li::l the age of tventY40Qne (21)yeara.·Should any of the survi'ifi~lg'is~eC
ci'the snid ~~~T LaVAl~die 'before attaining the.age of twenty-one (21)
ye;;.Z'B \011thout leaviD.g 1.1~sue to surviva himp her or i.~hem~tho shllrl3 '':If:such
-3 -
one 0:::'ones eo dying shall be divid~d equally among the surviring bl'ot.heI'6
and/or siatersp as the case nay be,or the -isaus of an.y of them then deceaem;l
end sbaJJ.be added to and become a part of the trust estates held foz'them
and the income sha~l be paid and the principal distribllted as a part thereof'c
(d)·Should my said wit'e,lV'J.LHA L.BAKER,pr~ec6ase IllS:>t.han
.and in that event I give,devise and bequeath unto nr::f seid Trustees s ONEa.
FIF1'E (1/5)PART of my residuary estate IN TRUST for the use of GARRATT I..eiJ:\N.,
.."..•".id d th .i ~..."b t d i o!'.?~'.1 ·G!1e JllCoros sr:.e.....~DEl pa an e l,ll'JJlC paL euS1irJ.ue n C:d6 ::am6 j09.n:::~;;I.~·
as ~j~{)ve provlded for him in Sub-Section (c)of'this paragraph and tb.:ls
provision shall be in lieu thereof.
.(e).The rema.:J.ning ONE...HALF (1/2)PAnT of rJY residFar.~~r es"'lja·;·,e,
i::i:lrl in tho i:;'len-G rrr:r ~aid wife should predecease me,then oS.FOUR-·l"J.FTHS (4/5)
?A::~T (:1':tAte 12et residul:u"'J eatate;I give:devise and bequeath unto my s~id
.']x'.l!';;;ees t.o be held b:f them IN TRUST as foLlows:
{I)·An eq-llal ONE-FOURTH (1/4)PART thereofshsJ.l 'oe held
r(G.~~c1a11gb.tr;r ~.AfifD~BAKER l~'ED-1ER,artd t..h.e nat income t.herefrom aheIJ..ba
paid.un:w he!'in monthly or other convanient payments d.uring her lif.:-)t:U:e~
~.I2d.S'ilpo::l her death$the t."'J.en principal:;together tdth any income accrlHd or
~'1c:uum]~ted thereo~fil'2:.L remaining illlpnid to her,shall be divided 1:.\equal
.sr8r03 ~~O tmd Vo!ll')ng 'F.JY three grandchilClren hereinafter mUlled Emd ohall bo
2~dad to thl)tJ.'ust est3.tes hereinafter created for them and ·.J!.e income 3ha~.:i.
"':'c paid and t,h~F?illciiJal distributed as a part thereofc
Due to the fact that ample proi."iaion for my said daughter !J'lS coeen
made by other relatives of hers,including her mother and myself'~it .bas
seemed to me advisable t,o·W'~t;:e p::.-ov-lsion for.her heraln upon til~same ~,ej,.::
as ~dEJ for '!Jfj.tb:r.ElG g".£'endchildrenc
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(2)An equal ONE-FOURTH (1/4l PART shall be held in truS1:,
i'or my granddaughter$I ,ANY ANNE WEIMER,and equal 0NE....FOURTH (1/4)PART for my
granddaughter,JULIA Vo 1--1En1ER,aD.d an equal ONE-FOURlli (1/4)PART foI'my
g'randson,WALl'ER Bo WEn1ER,and during their respective m.inol~ltieB a~much of
the :net income as the '1'r'.lsteea in their discretion may deem necessary may be
l:~ed.for their maintenance,support and.education.During such minority any-
0~:(~ess 1.nco!l:.a over and above their reasonable needs may be aeCl1!ll111ated and
~~7estad by the ·Trustees until they shall have respectivelY attained their
)A1J.jority,at which time the en:tire net incoma sh!l.ll be pald Unto 'lihSillo
.(3)As and 'when each of the said grandclrllcb:-en shall have
attained the ege of forty··five (45)years,the Trustees ahall disttibut.e io
.!~~m or her a.Ol~li'OURTH (1/4}PART .01'the principal of their r~spectiva share
~,nci ~.rUl~har OlfS-FOURTH (1/4.)-PART thereof llSSn!i \ll'h~n the]shall have
t '7!the remaining portion of thau-p:dncipal share shell.'be pdd to them for
J.ifeo
(4)UP01:the destIl Iyt?~.njT (If my A~~,d ~nd~l1..:Ud:t'en~than
p'.Jrt:LOl1 of'his or her princ:i:pal share then rewa-'1.n:!ng in trust,together oAth'
,,
.?l1y income accrued or acouimtlated,and Tem&in.1ng undistribu:ted.l'shal].be
<ii.videa per s't,irpes into as msny shares as '~here are issue him or her sur-
7iv1.ng and each share s~ll be .held e.nd ac1ministered as B separate tr'llst until
'Ch9 sll!"'\d.ving issue attain th'3 age of twenty-one (21)'years respec't,ively ):/.nen
'-;:;he pI'incipal shall be distributed fA)the::no'shoUld any of f:luch sur-viv:l.ng
issue die.bGfora baviD.g attained the age of tllent.y-one (21)'year39 the sha!"6
of'such one or ones amll go per'stirpes to increase the shares of'the other
surviving issue then living,and so on from t1m9 to time as often as a death
occurs0
~5 -
(5)'Should any of my said grandchildren die wl:lihout
.leaving issue to sumve him or her or,if leaving issue to su.rviVEl,all of
such should die before attaining the age of twenty-one (21)years,t.he
undistributed principal·of suoh one or ones shall be elivided equally to and
muong the truet estates of the other tw grandchildren and the.issue per
stirpes of either of them then deceased and shall be held,administered,£nd
distributed in accordance vrith the provisions hereinbefore made for themo
(f)·If at any time or times and.from time to time the Trustees
Ju their sole diScl'etion d~em J.t necessary \)J:'e.d.visable to ii.se an:.r r.....:rt or,.
parts of the principal shares herein provided for r!IY ID.fes'my daughtsI";:md
for ~T three grandchildren for theil'maintenance,support;education~,'~omfort
tl.;1.d '.J01.fare,the T.l'1Jstees e.re herew1t,h aut~1."~_zad co to do and th.Jy oha:'l give
::1 .:!.:tbernl construction t~this direction lnasmuch asthe~_r comf01't and 'ffllfare
.~:':'e of primary cor.siders.tion t.o meo··The income,and principal if found to
'bo t\AtEded,of the share or shs.:ree at any minor beneficiaries taking he~!'eu.nde:-
'i1'~:y be.expended du....""1.ng t.heir niinority by tha 'l'Z'ustees in their di3C:='0tio~
havinG the custody of such one or ones and without the iU:tervention af r:l,
guarc'b.an or Teference to the Orphans'Court having jurisdictiono
(g)'During the continuance of the trusts herein created,tha
pl'in·cipal sum or Sl.tL1S of the ·trust funds and the income thereof sha.ll not be
,
?ubj(~d.to or lia.ble fm."any contracts,debts,engagements,liabilit.ie~or
-i:·or'i:.s of the beneficiarios respectively nOll or hereafter made,con·G:i.'sct.ad,
:L:lCU:M;p;d 0:::'COIraDitted$bu{shall be absolutely free frow.;-:.h~s.:A."':l€!>~~.:"~,,t.~19
benefioiaries respGctively shall have no paVer to sell,assign or encmrJ.ber all
or an;r pert of the principal sum or sums of the trust i\mds 0:::'the:l:'ir.terests
therei~respectively o~the income thereof?or to ~~ticipste said ir.c~meo
- 6 -
...----~":~~""......~~....-_.-..._-----.---...-------.-.-.
.-'._.
SEVE2iTHz'I nomi:oate"constitute and appoint EDWAHD L.S'IOCKDALE,of
Hto Lebanon Township,Allegheny County,Pennsylvania,and ~E UNION NAT"iOUAL
EA~1{OF PITTSBURGH,a corporation,and their successors,to be the Ibcecutors
of this UJ1 Last Will 'and Testament and to be the Trustees hereunder,.and I
;'i'Te w my ExGcutoTS in the settlement of Dry estate and to my Tnlstees after
my estate has been settled:the folloving povers any or all of which.may 116
exercised as,ExeC"J.tcrs or as Tr"a.atees if found to be necessa."';'y or advisablel~
(1)To t.ake ovor and retain unConverted so long es they may see
,fit 6ach and ever;!item of real and pgrso!lal property of which I IOO.;?De
possessed ~lthout liability tor depreciation in the wlue thereof9 Md iII.
their d.i.scre'(jion .IijO sall or othendse dispose of all or aIJY of the e:sme ~or
~~J.8e~Jxities cr property into which they may be converted as harein3fte~
,)::·,::rv:J.ded a.t :f-'U,blia or pr:l.vate snles to such parson or pe:rsons tOL~such price
,,
''::1''"f,:z-j.oes and u.po~filoh 'terms and eonditionsas they shall de9!ll proper~In
C<'.t56 ~f any aale or ether dieposition~or any liquidation of any seooritise
or p:ropal--ty at any t:iIJla held hereunder,the 1'rustees snall from tiJ!1.€li to time
i:''l.ves't,and l"'einvest the proceeds in such stocks,bonds,notes,rnrtgages or
o1;iler securities as they shall dee!!!to be safa and wise investments"a.n::l they
shall not be confined no:::'rest:dcted to such investments 88 have beoo :z;,~.d.e
1.1 for fiduoiaries under the laws at the Corilmonwealth of Pennsyhtl.nia.
For the guidance of my Trustees in the managamen~of.this.tl~'t
·~3tate,I herewith express the desire that not more than a OUE-FIFTH (1/5)
PilRT of 'I'JY interest In '~he UNIVERSAL-CYCLOPS STEEL OORPORATION as Tspre13ented
by the common capital st-ock held hereunder be sold solely for the pw:'pOse of
diversification,of'invastm.ents~As and when j.t might seem.advisable"dsslra.ble
-7-
--~..--~..,.----~.-~..~~=~~~.~~-------.------..-------------~_.----
or necessary to 1JI1 Truatees to sell any part or all of the remaining l!lJUR-
FIFTHS (4/5)PART of the common capital stock of the said Universal-Cyclops
Steel Corporation,it is my desire that such proposed sale 0'1:salas shall
f.irst be discussed vith ~wife,WILMA L.BAKER,if ahe survives.ma,l and ath
"!IJY d,aughter,ANNE BAKER lJEIMER,and their written consent therat:>obtained.
The Trustees are authorized and empowered at any time ()T from time
to tilne in their sole discretion for any'purpose 'to borrow moneY'and for
tb.s.t purpo~e to pledge or mOrtgage any of the assets or property then
conotit12.ting the fund and to execute and deliver any and all notes,bonds,
obligations,mortgages,assignments,and other instrume.'lts and ~:-o perfcrm &11
acts necessary,proper or convenient in connection thereldth,~and all
such bans,pledges and .Il1Ortg.:J,ges to be made.in the sole diso!"~ti(Jn of my
Trustees and f.or such amountR alld upon such terms as they shall c.aem proper.
(2)No purchaser of any securities or P:ro~t7 <;;.t,.any ·tiLle
Dl')ld 01"othandse disposed of 'bJ my Tl"'J.stees shall i:K~tmderany :cosponsibility
or 'liability to see '00 the application of any incomo or princip~l distributed
by them to eI1Y'person antitIed to receivs the SBl11e uncia%"the pro-Io'd.Elions of
this 1tfill.In connection with the sale or transfer of any securities of
prOpe1"ty made under the provisioDs hareof,my:Trustees a't"e hereby authorized
.to execute and deliver all such revocable and iITevocable powers ,:>f attorney,
bills of sale,assignments,deeds,conveyances and such other iusliruments as
'!!~y be necessary or proper in asking such sale or transferso The certificates
for nll shares of stock and the t1tle to all real estate which from time "to
time may be held by the .Trustees hereunder m9.y ba transferred of ~ecord in·Co
the names of my Trustees as tr.lst.ees hereunder$or may be tr6ns:ra:~red into the
--...-~-_.---.-....-.~_..._--....-,,-.....-----
DaIIle of the nominee of the corporate fiduciarY'authorized by its :Board of
Directors to act in such capacity~The voting power upon all shares of stock
or other securities at any time held by roy Trustees hereunder shall be
e:A."ecuted by IIr1 Trus"tees in person or by pro%yo If my Trustees sh9.11 at any
t:i.:na hold or purchase bonds at a price in exoess of par,they shall not be
required,except at their option,to amortize that part of tha purohase price
:til exoess of par,but all interest reoeived on said bonda may be treated and
peid out as income,oi"at the option o:f my Trustees any income in their hands
rl':I.:;"be used at ·the t.iLle of Purchase to apply against that part oi'the cost
.o;)f said.bonds 'W'hioh is in exoess of par0
(3)1".o.e Trustees shall have power to hold and mana~e any such
real estate,make repairs and improvements and make leases thereat "00 suoh
..
tensnts for such per.iod and upon Such terms as my Trustees iu their discretion
may Ch3tarminC p a."ld nl)lease by my Trustees for a term of five yoars or less
shnll be tarm.ineted by 'r-eason of the termination of the trust befc·rs ths
o.;lTdrntion of'the ~~erm of the leasa9 bu.t~in spite of th,:;'l term:inlltiOiJ of .the
t:l.'ust,such lelisE;sl:-all remain in full force and·effect d14"'ing the term
thE',1'eof.!,ly 'l':!."ust.ees shall"have power to receiva Qnd collect rents,interest
and oths:i?income of said real estat~or other trust property,n.cin.g suoh.
j"E:f.~J.proceedings as they may deem necessary for the purpose,and they shall
he-ve power at any time to sell,convey and transfer any or all reaJ.estate
and other property.which they IJJBY hold as Trustees,oonveying and transferring
"~he same lr.f deed or other instrument.in writing in suoh form and ',fi.th such
covenants as my Trustaes my deem best,without the consent of any court and
uithout liability on the part or any purchaser.to see to the appli,~tion of
the purchasa money0
-9 tG.
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The Trustees are authorized and empowered to enter into,consent -1.:,0
or oppose any corporate reorganizations,mergers,consolidations,dissolutions
and liquidations of any corporations whose stooks or other securities shall
at any timebe
c
held by them.as part or'the trust un~er the provisions hereof$'-
and to make,consent to or oppose other adjustments'of and changes 1:0.the
capital funds or property constituting the tI,1at property;they may exercise
any and all rights of subscription tdth respect to any stocks,bonds or other
JGcUritiss ineluded in the trust.
(4.)'l'he 'l'rustees in making any distribution of principal of the
trust fund may make :~he said distribution'in money or in kind o±-partly in
money.and partly in kind.
EIG.l1'lI:In the event the sud EDWARD L.STOCKDALZ should predeoea;m
me'or,aur\'"iving roe~be 'unable to qualify as Co-Executor and CoO-Trustee
:.lal'eundar due to illness,aC'cidant or incapacity to act for a~'reason
."Wha.t.ever~.G:r.";;hlv.'~ng qualified,be unable :to perform tha duties he!"ewith
imposed,th~n 2?1d i~tht::.t event my said wife;WILMA L.BAKER~if she surJives
such individual as hj.s successor 85 may be S"lli'table to the corpcrata
fiduciary herei~named aT its successor in office.In the event JIJY said
daughter should pTejecease my .saId wife or upon the death of my said duaghter
if she ie the survivor of them,then a majority in interest of her :tssue
who are then sui.juris my at any time or from time to time upon tiling
their request or election in witing chang.a aither or both the indi"Vidual
and the corporate tY1.lstea then in office0 In the event of failure of the
beneficiaries to nominate a successor individual trustee in accordance \Ii.th
the above provisions,then the corporato trustee or its successo!"ohsll act
as though solely ~E)d hereundero Any euccessor corporats truatea wmeci
-10 -
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hereunder shall be a trust company or a nati.onal bank authorized -:0 do trust
business,Whether located in Pennsylvania or elsewhere,and shall have a
capital of not less than $1,000,000.00 and a surplus of not less than
......~
$500,.000000.In the event that 81q change ot 'li-ustee or Trustees 5.s made at
any time herein provided,the Trustees whose services are discont:'nued shall
effectually trans1"er or deliver over to their sucoessor or successors all the
prcperty held in the ·trust estate and shall rUe an acoounting of the a.d-
ministration of the trust in a cOUrt of appropriate jUl"isdiction.
NI~TH:No bond or other security shall be required of the indiviwJ.al
named as Executor and as·Trustee hereunder nor any successor to him selected
In ·accordance vlth .the.above provisions,and the Trustees)both individual
and corporate,or any substituted Trustee or Trustees','shall have the rIght
to r.esign upon gi-rlng ninety (90)days I written notice of EUch intention to
,ell the,benefioiaries tiling under.the provtaions of this Will 'whE1tl'!..er rn..-tnore .
or ad.ults.
TmTH:All the foregoirig provisions with respect to tte Trustees sball
apply whether one or more tr\lstee shall be acting,regardlsss ot lOhether the
languago herein contained shall be appropriate to a trus·tea singular in number.,
or trustees plural in number ~and.all euch provisions shall inure to the benetit
not only,of th8 TruStees herein named,but also to all successors in said
ofrice.
IN WITNESS WHERIDF ~I,WALTER H.BAKER,have to this ~Last Will .
and Testament set my band and seal this '26th'·~of __-=A:.::::u.gusll:l:~t~_......__-:w.
'A.D.,194Q1Q;,_·__
\!ALTER H.BAKER
'Signed,sealed,published and declared by the above D8lD3d testator,
-11 -
WALTER H.BAKER,as and for his IastWill and Testament,in the presence of \tSll
who,at hie request,in his presence and in the presence of each ,other,have
hereunto subscribed our names as vitnesses thereto.
WALTER E.BAKER
Address:641 Chestnut St,
GRACE P.liJIRTZ____::::.a;;,;;,:;;~_......::=;:,::.::..._..__-._.__
Address':e 253 lj!aajB;ngton Ave 5
_Bridgeyi.lle 9 Pa,o
,ELVIR!P.CASTELLI-
Address:614 Bank Skeet
/
I HEREBY CERTIFY THAT THE FOREGOnw IS A
TRUE AND COP,RSCT COpy ,OF m:CEJENT'S WILL
"T"I.'I /I/./A...tlJ lk~.......~_
ATTORNEY FOR ACCOUNTANT
'-12 -
j1 '
I·I:, ,,.•
f -...."./
.'r,'~
".'----••
·IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPl~NS'COURT DIVISION ,..,
,
t·"
,-.'·.
ii'I..
''',.-..
~r.,
\~)
-c.:-In
63-70\317.of :T;97C,(,.,:;~I ....'-.;':~t":t':')
.~.'~'""
No.
)
)
)
)
)
)
)'_,:;:-:0::-'i:::.=•r·__
···I.:,...·~.•'~.f)'.FINAL ORDER iOF'COURT:":,..f)
Deceased.'
IN RE:
j
Trust Under Will of WALTERH'.BAKER,
'-.
AND NOH,to-wit,this ,,?,..tj:day of'_,_.,..;,...~~t-;..;:.'--..::..'-..::..~.:;;;••--,1979,
I·'
L·i~l'
upon motion of Amy Anne Wetmer Rttter,and after hearing thereon •.
it is hereby ORDERED and DECREED'that William C.Ritter is
removed as Individual Co-Trustee of the Trust for the benefit
of Amy Anne Weimer Ritter under Article SIXTH,Paragraph (~>"(2)
of the 'Will of Walter H.Baker,Deceased.Accordingly,Th~Union
National Bank of Pittsburgh and William C.Ritter are directed to
file an acco~ting of the Trust within sixty (60)days bereof,and
"".'...
·.'.
for the benefit of Amy Anne Wei~er Ritter under Article SIXTH,
Paragraph (e)(2)of the Will of Wa~ter H.Baker,Deceased is
hereby confinned and Evans .Rose,Jr.is to succeed to s~.1ch position:!
I I ••
• •effective immediately.
.·",
..\...'-~
"j
..
••
•
... j
Exhibit "B"
.,'
,....
.,
the said William C~Ritter will forthwith turn 'over to ?he Union .;
National Bank of Pittsburgh all property,books,accounts,papers
and monies beloqging or relating to 'the Trust.
It is further OP~ERED and DECREED th~t the ap~ointment of
Evans Rose,Jr.as successor Individual 'Co-Trustee 'of the 'J,'rus't
~'
J~•
.
1
I:-~.'
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
NO.63-70-317
ESTATE OF WALTER H.BAKER,DECEASED
ADDITIONAL RECEIPTS AND DISBURSEMENTS
TO THE
THIRD AND PARTIAL ACCOUNT
OF
WILLIAM C.RITTER,SUCCESSOR INDIVIDUAL TRUSTEE
AND
THE UNION NATIONAL BANK OF PITTSBURGH
SURVIVING TRUSTEE UNDER PARAGRAPH SIXTH (e)(2)OF THE WILL
TRUST FOR
AMY ANNE W.RITTER
November 5,:979
S U'M MAR Y
SCHEDULE A
PRINCIPAL -PERSONALTY
,.".
Receipts Page 3 ·189,l15 49
Disbursements Page 4
BALANCE
SCHEDULE B
INCOME -PERSONALTY
2,254 ~4
186,860 55
Receipts
Disbursements.
Pages 4-5
·Page 5
'BALANCE
NET BALANCE
15,624 56
14,730 29
894 27
I
I187,754 82 I
I
The Balance Consists .of the Following:
Principal -Personalty
Stocks
American Telephone and Telegraph Company
258 shares Common
Coca-Cola Company
95 shares Common
Cyclops Corporation
21,793 shares Common
Dravo Corporation
200 shares Common
General Motors Corporation
289 shares Common
Gulf Oil Corporation
400 shares Capital
National Steel Corporation
300 shares Common
Texaco,Incorporated
1,233 shares Capital
Exhibit "e"
9,567 '57
3,949 35
95,800 90
4,381 16
3,115 "79
13,229 !t9
3,724 ~3·,
6,884 29
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ESTATE OF WALTER H.BAKER.DECEASED
Stocks (continued)
The Union National Bank of Pittsburgh
561 shares Capital
Federal Farm Credit Banks 8.45%
$10,000 dated 9/5/78 due 4/1/82
Montgomery County,Pennsylvania
Community College Authority Revenue 5.20%
$30,000 dated 9/16/79 due 9/1/85
Miscellaneous
Federated Trust for Short-Term United
States Government Securities
Cash on hand
·Income -Personalty
Cash on hand
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5,498 75
10,000 00
30,000 00
146,151 83
40,000 00
700 00
8 72
186,860 55
894 27
187,754 82
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ESTATE OF WALTER H.BAKER,DECEASED
SCHEDULE A
PRINCIPAL!-PERSONALTY
R E C E I P T S
Receipts in accordance with the Third and Partial
Account.filed
Purchase of Assets
Montgomery County,Pennsylvania
Community College Authority Revenue 5.20%
9/19/79 $30,000 dated 9/16/79
due 9/1/85 30,000.00
Cash disbursed to purchase the above
asset 30,000.00
Miscellaneous
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Federated Trust for Short-Term United
States Government Securities
'8/15/79
10/15/79 .
Cash disbursed to purchase the above
asset
Conversion of Asset Without Gain or Loss
30,000.00
.1,300.00
31,300.00
31,300.00
o 00
000
1 9 7 9
Aug.15
Proceeds redemption
Federated Trust for Short-Term United
States Government Securities
9/19/79
10/5/79
Carrying value
Galn on Conversion of Asset
Proceeds maturity -$30,000
United States Treasury Notes 6.875%
dated 8/16/76 due 8/15/79
Carrying value
30,.000.00
600.00
30,600.00
30,600.00
30,000.00
29,972.10
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27 90
189,115 49
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ESTATE OF WALTER H.BAKER.DECEASED
DIS BUR S E MEN T S
Disbursements in accordance with the Third and
Partial Account filed ,,2,242 55l
!Loss on Sale of Asset
1 9 7 9
Oct.4 Net proceeds sale-42 shares
Gulf Oil Corporation
Capital Stock at 33 3/8 1,376.71
Carrying value 1,389.10
12 39
2,254 94 I
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SCHEDULE B "INCOME -PERSONALTY
R E C E I P T S
I
Receipts in accordance with the Third and Partial I
IAccountfiled7,016 :11 I
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Dividends -Stocks ,
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American Telephone and Telegraph Company .I
Common :
I258shares10/1/79 322 50 I
Coca~Cola Company
Common
95 ,shares 10/1/79 46 '55
,Cyclops Corporation
Common ,
,
21,793 shares 9/28/79 4,794 46 ,,
Dravo Corporation
Common
200 shares 8/24/79 64 ,00
General Motors Corporation ,
Common
289 shares 9/10/79 332 35
Gulf Oil Corporation .
Capital
442 shares 9/10/79 226 53
National Steel Corporation
ICommon
300 shares 9/17/79 195 00
Texaco,Incorporated
Capital
1,233 shares 9/11/79 ,665 82
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ESTATE OF WALTER H.BAKER,DECEASED
Dividends -Stocks (continued)
The Union National Bank of Pittsburgh
,Capital
561 shares 9/10/79
Interest -Bond
Federal Farm Credit Banks 8.45%
$10,000 4/1/79 -10/1/79
Interest -Note
United States of America Treasury 6.875%
$30,000 2/15/79 -8/15/79
Miscellaneous
Federated Trust for Short-Term United
States Government Securities
8/15/79 -10/31/79
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224 ,40
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6,871 61
422 50
1,031 25•
283 09
1 9 7 9
Sept.19
Nov.5
DIS BUR S E MEN T S
Disbursements in accordance with the Third and
Partial Account filed
Administrative 'Expenses
Interest 9/16/79 -9/19/79 on $30,000 Montgomery
Company,Pelli~sylv~~ia Community College ,Authority'
Revenue 5.20%Bond dated 9/16/79 due 9/1/85 -
Purchased 8/10/79
The Union National Bank of Pittsburgh
Accountant's compensation
Distribution
Distribution in accordance with Paragraph
Sixth (e)(1)of the Will
Amy Anne W.Ritter
Quarterly distribution of net income
9/28/79
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15,624 56
7,016 11
13 00
285 92
298 92
7,415 26
14,730 29
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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 estate is being distributed:
In accordance.with.Article Sixth,Paragraph .(e)(2.)and Article Eighth of the Will,
and by final Order of Your Honorable Court dated June 26,1979,.the balance for -
distribution is to be decreed to.Evans Rose,~r.,Successor Individual'Co-Trustee,and
The Union National.Bank of.Pittsburgh,Surviving Trustee,in trust for:Amy Anne Weimer Ritter:
subject to further.administration.and accounting.
Wherefore,your petitioner.s pray Your Honorable.Court to confirm the account filed
and award the balance for distribution to the parties entitled thereto as hereinabove
set forth.
.\
ALLEGHENY
COUNTY OF 'WA~~?C
COMMONWEALTH OF PENNSYLVANIA,
The above named Fiduciary or representative thereof,
being duly :;\1c('Qr.u doth depose and say that the
facts set forth in the foregoing petition are true to the
.best of...b.is..knowledge and belief.
•S.R.QJ:kl to and subscribed before me
This ..c.-:f.:.~:day of..A'Jg.y.~.m1?~.r.19jj.2..·
Signature of Officer ~f.:'~~~.~~~~..
Title of Officer 'OOROmY"E:'MURRlS':'N6Ya'fY"1"1i1ilic ·..· •
PITISBURGH,ALLEGHENY COUNTY
Office expires Ml.COMMJSSJ.OtUXI!JiES.AUG 16,..t982 ..
Member,Pennsylvania ~ciation ot NDtaries
And your petitioner will ever pray,etc.
THE.UNION NATIONAL.R~K 0F PITTSBURGH
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IN THE
ORPI-IANS'COURT
OF WASHINGTON COUNTY
FORM USED FOR GUARDIAN-INCOMPETENTS
-OR TRUSTEES
No.:.9).::::Y.9..:::}~.
ESTATE of...W.alt.~;r....B:f},§..K~X..,.P..~.~.~.~.~.~.~.
...Tr.JJ.sj;.:und.~;r.Wj..Jl ..
FOR.AgJy ~P.~:~.~~~."!?~.~.~..
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WilliamC.Ritt~r,Successor Individual......·T~·~~t·e·e a.nd ·..· ·· .
The Union National Bank.of Pittsburgh
Surviving Trustee
Counsel for the accountant shall submit herewith the
following,if pertinent:
1.Will ~¥e9~.Exhibit "A"
2.Inventory.
S.~~:xm~XYi~~~
4.~~~iDfj
!!<!X!KCOKX
5.Praecipe for those represented.
6.~rl9r~~.
Robert F.Patton,EsquireBuchanan.,Ingersoll,Rodewald,Kyle and Buerger~6:0o.Gr.ant St.r.eet..,Pit.ts.b.ur.gh.,p.a J,5219 .
..412-562-8800..Counsel for accountant.
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IN THE COURT OF COMMON PLEAS
OF WASHINGTON .COUNTY,PENNA.
ORPHANS'COURT DIVISTON
No.317 of 1970
INRE
ESTATE OF WALTER H.BAKER,
Deceased
SECOND AND PARTIAL ACCOUNT OF
THE UNION NATIONAL BANK OF
PITTSBURGH,Surviving Trustee,
under the will for AMY ANNE
WEIMER (now RITTER)
PETITION SUR AUDIT
Robert F.Pa-tt:on,Esq.
BUCHANAN,INGERSOLL,RODEWALD,KYLE 8:BUERGER
1800 OLIVER BUILDING
PITTSBURGH,PA.15222
TELEPHONE 562·8800
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IN THE.,COURT OF COMMON PLEAS 'OF WASHTNG.TONCOUN.'IY,.PENNSYLVANIA
ORPHANS'"COURT DIVISION.
IN .HE .)
ES.TATE OF WALTER H•.BAKER,)
Deceased )
)
SECOND AND.PARTIAL ACCOUNT OF ).
THE .UNION NATIONAL BANK :OF )
PITTSHURGR;SurViving Trust.e.e,)
under the'will.for AMY ANNE')
I WEIMER (now RITTER)')
No.•317 of 1970
PET;ITIONSUa AUDIT
,To the Ho.norable,the'Judge .of,~Sadd Court:·.
The petiti.on of The Union National Bank of Pittsburgh
trust'ee with William C.'Ritt.er,.suc.cess'Or.t'rus tee,.under the
will.of Walter H.~Baker,dec.eased.,.for Amy ·Anne (/i.e.imer )Ritter,
hereinafter referred to as 'Amy AnneRitt.er,resp:ectfully re-
presents.:
1.Walter H.Baker died June 26,1947,leaving a
last will dated August·.2f?,.1946 ~The said will W9.S duly pro-
bated and is of record in the Office of the'Register .of Wills of
WashIngton County.in Wi.ll Bo.ok Volume 70;.page.561.A true and
correct .copy of the said wi.llis attached hereto 3.S a part
hereof and marked Exhibit A.
2.Pursuant to.Arti·.cle Seventh of said will,Edward
L.Sto.ckdale and The Union Na.ti:onal Bank .of Pitt.s~)urgh were
granted let.t.ers testamentary for the estate..of th~said Walter
H.Baker.The First and Final Account of the said executors
was filed at No.90 .of 1950,..and a decree of dist:::-ibution was
entered thereon awarding to Edward L.Stockdale and The.Union
National Bank of Pittsburgh,.as trus.tees,.one-fou::'th of one-
half of the residue of the estate of Walter H.Ba:{er,to.be
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administered for ;the'benefit of Amy Anne Ritt.er.
3;Article Sixth of the said will provides)in part)
as follows:
(eJ The remalnlng ONE-HALF (1/2,)PART of my residuary
estate)and in the event my"said wife should predecease
me)then a FOUR-FIFTHS (4/5.)PART of the net residuary
estate)I give)d.evise and bequeath unto my said Trustees
to be held by them IN TRUST as follows:
**.*
(2.)An equal ONE-FOURTH (1/4)PART shall be held
in trust for my granddaughter)AMY ANNE W.EIMER)and equal
ONE-FOURTH (1/4,)PART for my granddaughter)JULIA V.WEIMER)
and an equal ONE-FOURTH '(1/4.)PART for my grandson)WALTER
B.WEIMER).and during their respective minorities as much
of the net 4ncome as the Trustees in their discretion
may deem necessary may be-used for their maintenance)
support and education.During such minority any excess
income over and above their reasonable needs may be
accumulated and invested by the Trustees until they shall
have respectively attained their majority)at which time
the entire net income shall be paid unto them.
(1)As and when each of the said grandchildren
sh~ll have attained the age of forty-five (45)years)
the Trustees shall distribute to him or her a ONE-FOURTH
(1/4,)PART of the principal of their respective share and
a further ONE-FOURTH (1/4)PART thereof as and when they
shall have respectively attained the age of fifty-five
(55)years.Thereafter the income on the remaining
portion of their principal share shall be paid to them
for life.
4.Wilma L.Baker spouse of Walter H.Baker survived
him.
5.Edward L.Stockdale)individual trustee under the
said will)died November 5)1969)and a First and Partial Account
was filed at No.317 of 1970 ..By a decree of distribution dated
September 8)1970).the subj ect trust fund was awarded to
William C.Ritter,as successor individual trustee)and The
Union National Bank of Pittsburgh)as surviving trustee)for
further.~administrationand accounting.
6.Amy Anne Ritter)granddaughter of Walter H.Baker
and life income beneficiary of said trust)attained the age of
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forty-five.years on July 1,1914,and isentitlec.to one-fourth
of th~corpus of said trust in accordance ~itht~~foregoing
quotation from Article Sixth (~J(3)of the said v.-111 of Walter
H.Baker.
7.Th~purposes of this account are to account for
all transactions by the trustees from September 6,1970,to
July 1,1974,and to provid~for distribution of one-fourth
of the trust corpus to Amy Anne Ritter in accordE.nce with the
.foregoing provisions 'of said will.
8.Th~successor individual trustee,Villiam C.
Ritter,.has been furnished with a copy of thi's Second and
Partial 'Account as filed.It was anticipated that with the
j oin~f.1!Sbo~fWilliam C.'Ritter in this petition for a decree of
distr.ihution an audit of the account could have been conducted
before your Honorable Court during the September:1974 term.
William C.Ritter cho'se not :to.join in the petit:..on,therefore,
this petition is of the suriving trustee,The.Un:"on National
Bank of Pittsburgh,alone.
9.None of the parties in interest is in the military
service.
J.O..All parties known to the petitioner to have an
interest in the trust estate have had written noti~e of the filing
of the account artd of its.call for audit.
11.Since the filing of the account the petitioner
has received additional receipts:and made additional disburse-
ments as set forth in the supplemental accounting attached
h~reto as Exhibit B.
12.There are no creditors of the trus~estate and
no questions for adjudication.
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13.'The,,aforementioned Amy Anne Ritt,er is 'su,i Juris'.
The remaindermen ,of the said trust'under:,the will 'of Walter H.
Baker,of which 'Amy Anne Ritt.er,is life income beneficiary are
unasc'ertained but ,their interests are similar to and not adverse
to those of said income be'rl,eficiary.
WHEREFORE;,your petitioner prays your Ho.norable Court
to,confirm the account as 'filed and award the balance for distri-
bution in accordance with 'Article Sixth(e.)of the will of Walter
H.Baker.
THE,UNION NATIONAL BANK
OF PITTSBURGH '
By .d!,rJ,;t.ZL..V SENIOR VICE PRESIOENT
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I,WALTER H.BADa"o.£t;eMo1D8 Avenue iIcteDsion.South strabane
Township;Washington Count)-;Petms71van1a,do make,puhl1sh aDd declare this
as and for rq Last Will '8Dd,Testament,hereb;y r8VQk1Dg and ma1c1ng DUll and
void any and all former ville and testaments by me at 81V t.1m8 made.
nm:,I 'direct rq ,~tors here1Datte:r named to P87 all my just
debts and tunm-al expenses as SOOJl atter rq decease as ocmvem.ently may be
done.
SECOND:'Due to the tact that the household goods aJ:od ,furnishings
and other erticles ot like Jd.nd contained in the'domicile above mentioned
are the property or IV daughter,ANNE BADR WEIMa,which were acquired
through inheritance from relatives or b1 girt from her mother or trom me,
no Maposition thereof'is made herein.
THIRD:'Any and all household goods and etrects and other articles
of a strictly personal use and character'which _y be found in'any other place
in which I am 'temporarily resid1Dg at the t:.i.me or J1J1'death;I give and bequeath
untQ my wife,WILl.fA L.BAKER,and 1n addition thereto &DT automobile or
automobiles,which I may then possess.
FOlJR'l'B"I 'give and bequeath unto'D\Y son-in-law,DAVID P.WEIMm,JR.,
the sum of TEN TBOUSAND'($10,000.00)DOLLARS as an expression ot rq affection
liALTm H.
BAIER tor him and the appreciation ot his filial ooDduot as 'a member of rq household,
'OK-
and it is JIJT wish that with this gift he pu:rcblse some article ot a strictly
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~sonal use andoh$racter•.
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Exhibit A
Certified to be a true and
correct copy of the original.
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..t·~.',,.'FR'TlI:'I 'direot ~t aDy and ill estate,inhEritance,transfer,
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or other taxes ot a s1mllar.~·,touDd to be due and payable upon any...;."
legacy,.devise,lite estate,aDd maimer provided in this Will,.or upon
-.,
any other form ot property whatsoever which might be held to be tuable as
a part ot my estate,sball be paid by my Executors or by rq '1'rI1stees from
the principal of my estate,SO that 8D'1 u,dall benet1c1ar1es under the
provisions ot this Will all receive their bequest,lite estate,or remainder
without any'diminutions in amount or value occasioned by said taxes and
without witing for the tarm1liation ot 8D'1lite estate and without anY reim-
bursement .of the Ufe tenants therefor.
SIXTH:'All the rest,residue,and remainder of my estate,real,
personal and miDd,of whatsoever kind and wheresoever foundp which I may ow
or to which I may be entitled at the time ot 'Irq deathg I give,devise and
bequeath unto·THE UNION NATIONAL BANK OF PITTSBURGH,a corporation,and
EDWARD L.STOCKDALE,of Mt.LebBDon Township;Allegheny County,Pennsylvania,
and their successors,IN TRUST,HOWEVER,tor the persons and for the uses,
and purposes hereinatter set forth,to-vit I-
.(a)A ONE-HALF (1/2)PART of my residuary estate,which shall
include my property at 5712 North Bay Road;'Miami Beach;Florida,if .then the
same shall be owed by me,shall be set apart as ~separate trust and the
net income therefrom shall be paid in month11'or other convenient payments
unto my wife,WIlMA L.BAlm,during her lifetime;in addition to such
income payments,the 'lrustees are authorized to use at any time and from be
to time so much of the principal of the corpus of the trust as 'in their
discretion may be deemed advisable or desirable for her maintenances support,
comfort and velf'are,and I direct the 'l'rusteea to give a liberal construction
to the needs for which such prino1pal might be used"
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oocupy the property at 3712 North Bar Road,M1am1 Beaoh;,Florida,tor so long
as she chooses to remadn ~$J and the 8ipenses ot miDta1ning the property
•ft .••
in habitable condition,taxes,"premiums ot tire insuranoe,and other like
charges shall be paid by the 'Trustees £'rom the income NCelved..'In the event
she should not wish to continue to reside therein;the Trustees,upon the
receipt of her written notice of permanent removal therefrom,may sall the
property to such person or persons for such price and upon such terms and•
conditions as they deem satisfactory.
,(c)'Upon the death of rq said vite,WILMA L..BAKER,the then
principal theretofore held for her use shall oont1Due to be held IN TRUST by
my said Trustees and the net income therefrom shall be paid in monthly or
other convenient payments to her son,GARRATT LeVAN,during his lifetime and,
upon his deathg the principal t~en rema1n1ng in the trust shall be divided
into as many shares sa thEXl"e are issue of his living at the time of his death
who shall take per stirpes,and each such share shall be held and administered
as a separate trust estate unto such surviving issue respectively attain the
age of twenty-one (21)years when the principal shall be,~d to them free and
discharged of the trust.'Should any ot such issue of the said GARRATT LeVAN
die 'bef'ore attaining the age of twenty-one (21);years,leaving issue to
survive him,her or them,the share of such one or ones so'dying sh8l1 be
divided to and among the latter,distriblltion to be made as they 3everaily
attain the age of twenty-one (21)years.'Should ani ot the surviving issue
of the said GARRATT LeVAN die 'before attaining the age of twenty-one (21)
years without leaving issue to ~va him,her or them,the share of such
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one or ones so d1ing shall be d1vided equa1JJ'among the surviving brothers
and/or sist~s,as the case \.1'be,or the issue of any of them then deceased
and shall be added to'and become a:'part ~t the trust estates held tor them
and the income shall·be paid and the principal distributed as a pUt thereot0
.(d)''Should '1111'said wite,WILlQ L.BAKER,predecease me,then
and in that event I giveg devise and bequeath unto ~said Trustees a ONE-
FIFTH (1/5)PART of '!Jf3"residuary estate IN TRUST for the use of GARRATT LeVAN,
and the income shall be paid and the.principal distributed in the same manner
"
as above provided tor him in Sub-Section (c)ot.this paragraph and this
provision shall ·be in lieu thereot.
,(e)'The remaj n1ng ONE-HALF (1/2)PART ot JlI1 residuary estate,
and in the event my'said wif'e should predecease me,then a FOUR-FIFTHS (4/5)
PART of the net residuary estate;I give,devise and bequeath unto my said
Trustees.to be held by them IN TRUST as follows:
,(1)'AD equal ONE-FOURTH (1/4)PART thereof shall be held
for my daughter,ANNE BAKER WEIMER,and the net.income therefrom shall be
paid unto her in monthly or other convenient·payments during her lifetime,
and,upon her death,the then pr1ncipal,together with any income accrued or
accumulated thereon aDd remaining unpaid to her,shall be divided in equal
shares to and among my three graDdchildren hereinafter named and shall be
added to the trust estates hereinafter created tor them and '~he income shall
be paid and the principal distributed as a part thereof.
Due to the fact that ample provision for J1I3'said daughter has been
made by other relatives of hers,including her mother and myself,it bas
seemed to me advisable to make provision for her herein upon the same basis
as made for ITI:f three grandchildren.
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.·(2)An eqUl ORB-FoURTS (l/4"·PART shall b8 held in trust.,.l ,'<'co
tor my granddaughter,AMI AiNB:~,and equal'e~URTH (1/4)PART for 1I13'•",0(...'~......f'•
granddaughter,JULIA V.WEfMi!i.:aDd an equal.ORE-JOUR'lH (1/4)PART for D11
grandson,WALTER B.WE1:MER~aJifdurizig their respecUYe minorities as much of
the net income as the TrusteeS'in their discretiOn my deem necessary _1'be
used for their maintenance,suppOrt am education.'Dm'ing such minority 8D1
exoess income over and above 't~reasonable needs mar be accmnn]sted and
invested b1 the Tru.,tees untU thq'shall have respectively attained their
"majority,at Wich ~me the'entire net income shall be paid unto themo
(4)'Upon the death of any'of -,rt3'said grandch1ldrenl'than
portion of his or her principal share then rema1n1ng in trust,together vith
any income accrued or accumuJ.4ted and rEJD81n1ng.UJ:Ld1stributed,shall be
divided per stirpes into as JDf1D1'shares as thtU'e are issue him or her sur-
viving and each -share shall be held and administered as a separate trust until
the s11rV1.ving issue attain the age of twenty-one (21)-years respectively''!linen
the principal shall be distributed to them.'Should any of such surnving
issue die before having attained the age of tvent;y:.one (21)years,the share
of such one or ones slBll go per stirpes to increase the shares of the other
surviving iSBUe then l1v1ng,and so on from time to t1.me as otten as a death
OCCU1"So
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leaving issue to survive h1Jzl or ~r'or,it leaving'issue to su:rrlve~all of
suoh should die before attaining .:t~age of'twenty-one (21)'years,.the
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undistributed principal of'Suoh one or ones shall be divided eqJa1lY'to and
among the.trust estates of't~other two grandChUdren and the issue per
stirpes ot either ot them then deceased andElball be held,adm1::rl.stered~and
distributed in accordance with the provisions hereinbefore made tor them.
(f)'If'at any'time or times and from time to tule the Trustees
in their sole discretion deem it necessary or advisable to use !U1Y part or
parts of the principal shares herein provided tor 1!lf wife,m:f d!lughter,and
for my three grandchildren tor their maintenance,SUpport,education,comfort
and welfare,the Trustees are herewith autborillSed.so to do and theY'shall give
a liberal construction to this direction inaSJlD10h as their comfort and welfare
are of primary consideration to me.'The income,and principal if found to
be needed,of the share or shares ot any minor beneficiaries tak1ne hereunder
may be expended during their IIiinoritY'b;r t~Trustees in their discretion
,<
for the purposes above enumerated,or JJJJq be paid unto the pare.nt or puents
having the custody ot such one or ones and without the intervtmtion of a
guardian or reference to the Orphans'Court having jurisdictiollo
.(g)''During the oontinuanoe or the trusts herein created,the
principal sum or sums of'the trust funds and the income thereot shall not be
subject to or liable tor an;r contracts,debts,engagements,liabilities or
torts of the beneficiaries respect!vely DOW or hereafter made,contracted,
incurred or committed,but shall be absolutely tree f'row thP-5:1:11.9)~the
benefioiaries respectiVely'shall have no power to sell,assign or encumber all
or any part ot the principal sum or sums ot the trus~·funds or their interests
therein respectively or the income thereof,or to anticipate said income.
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SEmtTlh'I ~~~,~·~titute.and appoint EDWARD L.STOCKDALE,of
~.• t J'e.,~".'Mt.Lebanon Towship,Al!egheIOr~~t1,P8DJl87lvan1a,and THE UNION NATIONAL
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BANK OF PITTSBURGH,a corpo~t~n,8nd their sUcce.SBOrS,to be the,~outors
"t
of this mi Last 'Will -and Tes~t and to be the Trustees hereunder;and I
give to my Executors in the settlement of rq estate.and to D'I1 Trustees attar
,
nry estate has been settled,the .following ~s au1'or all ot which may be,.,,
exercised as Executors or as T:rust~s if found to be neoesS817 or advisablel-
(1)To take over and retain unconve1"ted 80'long as they may see
f1t each and every i tam ot real'aDd personal pro~rt7 ot which I may be
possessed without liability tor depreciation in the value thereot,and in
their discretion to s'ell ar otherwise dispose ot41l or any ot the same,or
any securities or property 1n:to which they .y be converted as hereinafter
provided at public or private sales to such person or persons tor such price
or prices and upon such terms and aonditiona as they shall deem proper.In
case of an;r sale or other disposition,or aDY'liquidation of any securities
or property at any time held hereunder,the 'l'rwrtees shall from time to time
invest and reinvest the 'pl'Oce8ds in such stocks,boDds,notes,mrtgages or
other secur1ties as'they shall d~'to be safe and vise investments,and they
shall not be confined nor restricted to such investments as have been made
legal tor tiduciaries UDder the laws of the Commo~thot Pennsylvania •
.For the guidance ot 1J'J3''1rustees in the DBDagement ot this trust
estate,I herewith express the desire that not more than a ONE-FIFm (1/5)
PART of my interest in 'the tmI.~YCIJJ.PS STEEL OORPORATION as represented
by the common capital stock held hereunder be sold solely for the purpose ot
diversification of"investments.As:8!Id when it might seem advisable,desirable
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or neoesS817 to J1'fI 'l'ruBtMs 'tA)eell 8D1 part or all of the remaining FOUR-
FIFTHS (415)PART of the co1!iiDon capital stock of the said Universal-Cyclops
Steel Corporation,it is JJ'q desire that such proposed sale or sales shall
first be discussed with JJ'q vife,~L.BAKER,it she survives me,and lith
Br1'daughter,ANNE BAlm wmmR,aDd their written consent thereto obtained.
The Trustees are au.thorized and empOwered at 8Iq time or from time.~;:.::~to titne in their sole disor8t1.em tor ~purpose to borrow money'and tor
that purpose to pledge or mortgage any'of the assets or property then
constituting the fund and to execute and delivar 8D1'and all notes,bonds,
obligations,mortgages,assignments,and other instruments and to Perform all
acts neoesS8rr,proper or convenient in ooDDection therew1th,any and all
such bsns,pledges and mortgages to be J1B4e in the 80le d1s~tion of ~
Trustees and for such amounts and upon suoh terms as they'shall deem proper.
,(2),No purchaser or any securities or properV'at any time
sold or otharwise disposed ot b7 rq Trustees shall be under any responsibility
or liability to see to the application ot arq income or principal distributed
by them to any person entitled to receive the same under the provisions of
this Will.In connection Vith the sale or traDstar of any securities ot
property made under the provia1ons hereof,Jq Trustees are hereby authorized
to execute and deliver aU such revocable aDd irrevocable powers ot attorney,
bills ot sale,assigmnents,deeds,CODv81U08s aDd such other instruments as
may be neoessa17 or proper 1D asking such sale or transfers.The oertificates
for all shares of stock and the title to aU real estate whioh from time to
time may be held by the Trustees hereander my be transferred ot record into
the names of my Tru'stees as trustees he:rew:Jder,or may be transferred into the
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name of the nominee ot the corporate tidUc1al7 authorized bf its Board of
Directors to act in such capj.citl~The ~t1%lg power upon all shares of stock.~,"",~;.,~~'.,.~(>~
or other secarities at aDtrtim&,heJ.d lv DJ1 Trustees hereunder shall be.........-.,."t'_,•
..'.''J,~:-executed bf JIl1 Trustees'~in ,person or b1 pro-q.'It JIl1 Trustees shall at any'
time hold or purchase bolidsat a price in excess or par,they_shall not be
requiredt except at ~opt1on t to amortise ~t part of the purchase price
in exoess of par,but alliDterest received on said boDds DBT be treated and
paid out as income,or at the option of rq Trustees any inOODl3 in their binds
may be used at the time of pUroblse to awJT against that part of the cost
of said bonds whioh is in exoess of par..
(3)'The Trustees'shall have pover to bold and manage any such
real estate,make repairs and improvements aDd make'leases th:9reof to suoh
t~ts tor such period and upon -such terms as rq irustees in their discretion
may determine,and no leaselv rq Trustees for a term of five rears or less
shall be terminated by'reason ot the termination of the trust before the
expiration ot the term of.tile lease,butt in spite of the termination of the
trust,suoh lease shall r_in in full foroe.and effect duriDg the term..
thereof.l>1y Trustees shall·have power to raceiVEl and collect rents,interest
and other income of said real estate or other trust property,.using suoh
legal prooeedings as they may deelli neoessary for the purpose,.and they sba11..
,
bave power at any time to sell,convey and :transte!any or all real estate
and other property which thq may bold as TrusteesI oonvey1na and transferring
the same by d~ed or other instrument in vrit1Dg ,in such form and with such
covenants as 1II3'Trustees DIl1'deem best,v1tbout the consent a£8D7 court and
without liabilitY'on the part or any purcbas~to see to the 8pplication of
the purchase money.
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The Trustees are author1zed aDd empowered to enteT into,consent to
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or oppose any corporate reorgaDi18tions,mergars,consolldations,dissolutions
,
and liquidations of ~corporations wbose stoaks or other securities shall
at any time be held b7 them as part of the trust undElE'the provisions hereof,
and to make,consent ~or oppose other adjustments of and changes in the
capita],f\mds or prOperty constituting the trust pro~;they DIly exercise
8D1 and all right~of subsCl1-ption with ·respeot to any stocks,bonds or other
• .,'1 ,;•
:3'eourit1es included in the trust.
(4)'The TruStees.~making 8D7 distribution of principal of the
trust tund may make the 8814 dis!riblt1on in D1OD87 or in kind or partly in
'.'IDOney and partly in kind.
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EIGJjTB;In t~.emt the said EDWARD L.STOaKDAI.E should predecease
me or,surviving me,be unable to qwlli.t7 as Co-Executor and Co-Trustee
hareundElE'due to illness;accident or inaapacit,'to act for aD1'reason
whatever,or,having qualified;be uriable:to perform the duties herewith
iqK)sed,then and in.that event fIll ~id v.1te,WILMA L.BAIER,if she survives
me,and rrq said daughter,ANNE BADR WEIMER,shall hllve the right to name
such individual as his suC?cessor as DJa1 be sUitable to the corporate
fiduciary herein named or its successor in otfice.In the event my said
daUghter should predecease JIll'said vite or upon the death ot rq said duaghter
if she is the survivcr of them,then a DIljority in interest of her issue
who are then sui juris may at 8D1'time or from time to time upon filing
their request or election in vriting change either or both the individual
and the corporate trustee then in office.In the event of failure of the
bene.ficiaries to nominate a successor individual trustee in accordance with
the above provisions,than the corporate trustee or its successor shall act
as·though solely named herEnD;lder.Any successor corporate trustee named
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hereunder shall be a trust :~~~r a ~nat1on&1 baDk authorized to do trust
business,whether located in P~lvan1a or elsewhere,and shall have a
capital ot not less thaD tl,ooo,OOO.OO and a surplus of not less than
$500,000.000 In the event that aiq.change of Trustee or Trustees is mde at,'
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any time herein provided,the Trustees whose services are discontinued shall
ettectua~transter or·:deliver over to their S\1oceasor or lJU008SsorS all the
property held in the trust estate aDd shall file aD acoountJ.Dg of the ad-
ministration of the trust in a'court of'appropr1a~jurisdiction.
NINTH:No bond or other security shall be required of the individual
named as EKe'cutor and as 'J.'r:t:1Stee hereunder nor'aDT 8UCcessor to him selected
in accordance with the above wovisions,and the Trustees,both individual
and corporate,or any substituted Trustee or ,TruStees,shall have the right
to resign upon giving ninety (90)dtqsl written notice of such intention to
all the beneficiaries taki ng ,~er the provif:1ions ot this Will 'wether minors
or adults.
office.
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IN WITNESS WHERl!DF,I,WALTm B.BAlm,have to this my Last Will '
Signed,sealed,published and declared by the above named testator,
WALTER H.BAKER
~th ~of _~A~UIlU~s~t,--__-"
A.D.,194~2__•
and Testament set my hand and seal this
Tl!JTH:All the foregoing provisions with respect to the Trustees shall
apply whether one or more trustee iSh&l1 be acting,regardless of whether the
language herein contained shall be appropriate to a trustee singular in number
or trustees plural in number,and all such provisions shall inure to the benetit
not only .of the Trustees herein named,blt also to all successors in said
,
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WALTER H.BAKER,as and tor tis.last 'Will and Testament,in the presence of us~
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who,at his request,in his ·presence and in the presence of each other,have...
hereunto subscribed our !18in9a '$os witnesses thereto•
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...'lrALIII E.BADR
Address:62]''dhestgg.t Stat
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~~JJa:ellfol'I.Ai_PaIlloi'r..-_
CiAQE P.WIRTZ
Address.:753 Wu.Jrl:ngt9p AvoJ~.
.~,Pa,
ELVIRA P.CASTELLI
Address:614 Bank Street
kiAifville,Pat
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IN THE COURT OF COMMJN PLEAS OF WASUNGTON COUNTY,PENNSYLVANIA
ORPHANS I COURT DmSION
NO.,317 'OF 1970
ESTATE OF WALTER H.BAKER,DECEASED
ADDITIONAL RECEIPTS AND DISBURSEMENTS
TO THE
SECOND AND PARTIAL ACCOUNT
OF
THE UNION NATIONAL BANK OF PITTSBURGH
ONE OF THE TRUSTEES UNDER PARAGRAPH SIXTH (e),(2)OF THE WILL
TRUST FOR AMY ANNE W.RITTER
,August 26.'1975
SUMMARY
SCHEDULE A
PRINCIPAL -PERSONALTY
Receipts
Disbursements
Page 3
Page 4
BALANCE
204,03.00
5,932 34
198,101 66
Receipts
Disbursements
SCHEDULE B
INCOME -PERSONALTY
Pages 5 - 6
Pages 6 - 7
BALANCE
NET BALANCE
49,692 59
47,697 63
1,994 96
200,096 62
The Balance Consists Of The Following:
Principal -Personalty
Stocks
American Telephone and Te1egraph'Company
143 shares Common
Anaconda Company ,
81 shares Common
Cyclops Corporation
10,860 shares Common
Duquesne Light Company
150 shares Common
General Motors Corporation
218 shares Common
Gulf Oil Corporation
330 shares Common
National Steel Corporation
225 shares Common
4,245 97
1,240 82
71,609 75
2,83'7 81
2,385 26
10,94 34
2,793 32
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Stocks (continued)
Texaco,Incorporated
960 shares Capital 5,281 18
I
The Union National Bank of Pittsburgh
4,U6420sharesCapital 71
105,425 16
Notes I ,,
United States of America Treasury 7 1/2%
$30,000 dated 10/1/69 due 8/15/76 30,E25 00
United States of America Treasury 8 3/4%
$10,000 dated 5/15/74 due 8/15/78 10,C07 00.'.
40,832 00
Savings Account
The Union National Bank of Pittsburgh ~Master Savings Account 5,100 00
~
,
Distribution
(See Exhibit No.I page 8 )
46,005 ;6
197,362 52 ,
,ICashonhand73914
198,101 66
Income -Personalty
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Cash on hand 1,994:96.
200,096 62 ,
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SCHEDULE A
PRINCIPAL -PERSONAL'IT
RECEIPTS
Receipts in accordance with the Second and
.Partial Account filed 203,698 87
,
Purchas~of Asset .
Deposited
.-The Union National Bank of Pittsburgh
Master Savings Account
7/3/75 .5,100.00
Cash disbursed in re above deposit ~_100,OO
0 00
Stock Split
The Union National Bank of Pittsburgh
Capital
Received as a Stock Split .
10/22/74 6 for 5 on 467 shares held 93.40 shares 0 00
Gain on Sale of Fractional Share Received
as a Stock Split
1 974 I
Oct.22 Proceeds sale -0.40 share
The Union National Bank of Pittsburgh
Capital Stock .7.63
Carrying value Q..QQ.7 63
Gain on Sale of Asset
197 5
June 25 Proceeds sale -$10,000
United States of America Treasury Notes 8 3/4%
dated 5/15/74 due 8/15/78 at 103.375 10,334.50
Carrying value 10.007.00 327 50
..204,034 00
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ESTATE OF WALTER H.BAKER,DECEASED
DISBURSEMENTS
Disbursements in accordance with the
Second and Partial Acoount filed 10,831 35
Less:Adjustment of Administrative Expenses
as shown on Page 5 of the Second and
Partial Account
Buchanan,Ingersoli,Rodewald,Kyle,
and Buerger .'
Attorneys'fee
from 3,000.00
to 1.200.00
1,800.00 ~
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The Union National Bank
of Pittsburgh
Accountant's compensation'
from 6,482.19
to 3.200.00
3.282.19
5,082 19
5,749 16
Administrative Expenses
1 9 7 4
July 24 Clerk of Orphans'Court of Washington County,I
Pennsylvania
Cost of filing Second and Partial Account 16 00
July 25 Balance due on cost of filing Second and
Partial Account 4 00
197 5
May 27 First National City Bank
New York State Transfer Tax on 27 shares
Anaconda Company,Common Stock 68
20 68
Loss on Sale of Asset
I
197 5
June 10 Proceeds sale -$10,000
United States of America Treasury Notes 7 1/2%
dated 10/1/69 due 8/15/76 at 101.125 10,112.50
Carrying value 10.275.00 162 50
5,932 34
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ESTATE OF WALTER H.BAKER.DECEASED
SCHEDULE B
INCOME -PERSONAL'IY
I RECEIPTSI
Receipts in accordance with the Second
and Partial Account filed 232 00
Diyidends -Stocks
American Telephone and Telegraph Company
Capital ,
190 shares 1%~74 -4/1/75 484.50
143·shares 7175 121.55
606 05...
Anaconda Company •
COIIDDOn
I 108 shares 9/6/74 -6/5/75 113 40
Cyclops Co~oration
COIIDD.on
14,480.shares 9/30/74 -6/30/75 34,7~;2 00
Duquesne Light ComPany'
,
Common
200 shares Ij{~74 -4/1/75 258.00
150 shares 7 1 75 64·50
322 50 ,
General MOtors Corporation
COIIDD.On
291 shares 9/11/74 -6/11/75 8L3 90
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Gulf Oil Corporation
Capital ..
440 shares 9/10/74 -6/10/75 7;7 00
National Steel Corporation
Capital
.300 shares 9/16/74 -6/16/75 9C'0 00
Texaco,Incorporated
Capital .
1,280 shares 9/10/74 -6/10/75 2,6e8 00
The Union National Ban1{.of Pittsburgh
Capital
467 shares 9/27/74 168.12
560 shares 1%2~74 -3/27/75 392.00
420 shares 6 26 75 126.00
686 12
41,648 97
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ESTATE OF WALTER H.BAKER.DECEASED
Interest -Notes
'United States of America Treasury 7 1/2%
$40,000 2/15/74 -2/15/75 3,000.00
10,000 2/15/75 -6/17/75 (sold)252.76
30,000 2/15/75 -8/15/75 0 0
1.1?ti.OO
4,3']7 76
United States of America Treasury 8 3/4%
$20,000 5/15/74 -2/1~75 1,319.76
10,000 2/15/75 -7/2 75 (sold)331.15
10,000 2/15/75 -8/15/75 437.50.
o 2,0~8 41
6,466 17
Interest -Savings Account
The Union National Bank of Pittsburgh
Master Savings Account
7/3/75 -7/30/75 20 26
Miscellaneous
The Union National Bank of Pittsburgh
Reimbursement of overpayment of
commissions for period 6/1/73 -12/31/74
o 6/1/73 -7/1%74 0 586.43
7/19/74-12 31/74 .'738·46
1,324 .89
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49,692 59
DIS BUR SE MEN T S
Disbursements in accordance with the
Second and Partial Account filed 11 62
Administrative Expenses
197 5
Jan.8 Pennsylvania Department of Revenue
Pennsylvania Fiduciary IncoIDe Tax for the fiscal
year ended 9/30/74 0 25 65
Aug.26 The Union National Bank of Pittsburgh
Accountant's compensation 2,102 67
(See reimbursement of overpayment shown
in Miscellaneous Receipts)
2,128 32
to
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ESTATE OF WALTER H.BAKER.DECEASED
Distribution
Payments made in accordance with
Paragraph Sixth (e)'(3)of the Will ,
Amy Anne W.Ritter I
Quarterly distribution
9/30/74 8,261.61
1%31/74 20,512.17
3 31/75 10,077.28
6/30/75 6.706.63 45,557 69
47,697 63,
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ESTATE.OF WALTER H.BAKER.DECEASED
EXHIBIT NO.I
Payments on account of 'Distributive Share
Principal -Personalty
Distribution in accordance with Paragraph
Sixth (e)(3)of the Will
~Anne W.Ritter
Advance distributions
Stocks (Delivered 6/26/75).
"American Telephone and Telegraph Company
47 shares Common .1,395 53
"~Anaconda COlllpany ..
27 shares Common 413 61
Cyclops Corporation
3,620 shares Common 23,869 92
Duquesne Light Company
50 shares Common <;:45 94
General Motors Corporation
73 shares Common 798 74
"'/'
Gulf Oil Corporation
110 shares Common 3,638 12
National Steel Corporation
75 shares Common 931 11
Texaco,Incorporated I320·shares Capital 1,760 40
The Union National Bank of Pittsburgh
140 shares Capital 1,372 24
Cash 5,712 50
40,838 11
Cash (Delivered.7/11/75)5,167 25
46,005 36
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
;.
IN RE:ESTATE OF
WALTER H.BAKER,
NO.317 OF'1,970
DECEASED
TRUST FOR AMY :ANNE RITTER
ELECTION TO TAKE IN KIND
I,AMY ANNE RITTER,do hereby elect and agree to take "In Kind"the
following in accordance with Paragraph Sixth (e)3 of the,Last Will and
Testament of Walter H.Baker,Deceased:.:If
STOCKS
,I,
.American Telephone and Telegraph Company
47 shares -Common
Anaconda Comp~
27 shares -Common
,Cyclops Corporation
3,620 shares -Common
Duquesne ,Light Company
50 shares -Common
General MOtors Corporation
73 shares -Common
Gulf Oil Corporation
11 0 shares -Common
National Steel Corporation
75 shares ,-Common
Texaco,Incorporated
320 shares -Capital
Union National Bank 9f Pittsburgh
140 shares -Capital
1.,395.53
413.61
23,869.92
945.94
798.74
3,638.12
1,760.40
1',372.24
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IN WITNESS WHEREOF, I have herellllto set my hand and seal this__......-I
day of ~4-"'&:t.<sa ,1975.
/
WITNESS:
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS J COURT DIVISION
IN RE:ESTATE OF
WALTER H.BAKER;
NO.317 of 1970
DECEASED·
TRUST FOR AMY ANNE RITTER
RECEIPT
I,AMY ANNE RITTER,acknowledge to have received from The Union
National Bank of Pittsburgh the following in accordance with Paragraph Sixth
(e)3 of the Last Will and Testament of Walter H.Baker,Deceased:
STOCKS
American Telephone and Telegraph Company
47 shares -Common
.Anaconda Company
27 shares -Common
Qyclops Corporation
.3,620 shares -Common
Duquesne Light Company
50 shares -Common
General MOtors Corporation
73 shares -Common
Gulf Oil Corporation
110 shares -Common
National Steel Corporation
75 shares -Common
Texaco,Incorporated
320 shares -Capital
Union National Bank of Pittsburgh
140 shares -Capital
1,395.53
413.61
23,869.92
945.94
798.74
3,638.12
931.11
1,760.40
1,372.24
35,125.61
I,t '.1 ...
:5.712.50
$40,838.11
IN WITNESS WHEREOF,I have hereunto set my hand and seal this
___--:;:;a..,lo~day of ~~,1975e
WITNESS:"kqrz,-aL
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS I COURT DIVISION
IN RE:ESTATE OF
WALTER H.BAKER,
NO.317 of 1970
DECEASED
TRUST FOR AMY ANNE W.RITTER
RECEIPT
I,AMY ANNE W.RITTER,acknowledge to have received from The Union
National Bank of Pittsburgh the following in accordance with Paragraph Sixth
(e)3 of the Last Will and Testament of Walter H.Eaker,Deceased:
$5,167.25
IN WITNESS WHEREOF,-
\\day of
I have hereunto set my hand and seal this
~.10/75.
Q~L1&J.eroSEAL)
(jAnne W.Ritter
Ledger
Value
3/4 Remaining in Trust
Mean
Market
ValueLedger
Value
.Mean
Market
Value
Ledger
Value
WALTER H.BAKER,DECEASED FOR AMY ANNE W.Rl'l"l'ER '
NO.317 OF 1970
PROPOSED SCHEDULE OF DISTRIBlJrION BASED UPON MEAN MARKEl'VALUE OF SECURITIES AS OF 7/1/74
1/4 share distributable ~Anne W.Ritter
Mean
Market
Value
f
Shares
190 American Telephone and Telegraph Company
Capital
108 Anaconda Company,Common
14,480 Cyclops Corporation,Common
200 Duquesne Light Company,Common
291 General Motors CO:rPoration,Common
440 Gulf'Oil Corporation,Capital
JOO National Steel Corporation,Common
1,280 Texaco,Incorporated,Capital
560 The Union National Bank o£Pittsburgh
Capital.
30,000...10,000
.~
United States o£America Treasury 7 1/Z/.
due 8/15/76
United States q£America Treasury 8 3/4%
due 8/15/78 '
Shs.Shs.
5,641..50 '8,811.25 47 1,395.53.2,179.63 143 4,245.97 6,631.62
1,654.43 2,322.00 27 4q.~1 580.50 81 1,21.0.82 1,7/.1.50
95,479.67 282,360.00 3,620 23,869.92 70,590.00 10,860 71,fI.YJ.75 211,770.00
;...3,783.75 3,025.00 50 945.94 756.25 150 2,837.81 2,268.75
3,184.00 14,077.13 73 798.74 3,531.38 delivered 218 2,385.26 10,545.75
14,552.46 8,662.50 110 3,638.12 2,165.62 330 10,914.34 6,496.88
3,724.43 9,975.00 75 931.11.2,493.75 225 2,793.32 7,481.25
7,041..58 32,000.00 320 1,760.40 8,000.00 960 5,281.18 24,000.00
5,4.88.95 12,880.00 140 1.372.24 420 4,11.6.71 9,660.00
14<?,55Q.77 374,11.2.88 35,125.61-105,425.16 280,595.75
30,825.00 29,475.00 --30M 30,825.00 29,475.00
10,007.00 10,093.75 --10M 10,007.00 10,093.75
Savings Account
*Cash per Account £iled
Plus proceeds sale
10,000 United States Treasury Notes
Notes 7 ~/Z1>
due 8/15/76
5,000 United states Treasury
Notes 8 3/41>
due 8/15/78
.40 Share Union National Bank of:Pittsburgh
Less:Attorneys'and Bank's £ee as adjusted
Trans£er tax on 27 shares Anaconda Company
Advancements
The Union National Bank of Pittsburgh
Master Savings Account
Advancements
Cash
Income
Cash
5,100.00
10,879.75
m.JJt
198,101.66
1.994.96
200,096.62
5,100.00 --5,100.00 5,100.00
10,879.75 *10,879.75 10,879.75
739.14 *178.52 178.52 560.62 560,62
430,400.52 46,183.88 104,575.40 151,917.78 325,825.12
1,994.96 --~1.994.96 1.994.96
432 .395,1&46.183~88 104.572.L40 153,912.74 327.820.08
171~57
10,112.50
5,167.25
7.63
15,458.95
4,400.00..913
10,879.75
178.52
IIII!!'!!'!I----=~=~=~====--=-::-=..."...".~~~~!""'"""'=-:~~~.,~-~~.,
r,-----,.::._--~''''i---'~~.~',
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
",,
•!'I
/,'1rfl
j
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
.ORPHANS'COURT DIVISION
NO.63-70-317
AFFIDAVIT OF SERVICE
CODE AFFIDAVIT OF
SERVICE
FILED ON BEHALF OF:
AMY ANNE WEIMER LEVIN
COUNSEL OF RECORD FOR
THIS PARTY:
RICHARD DiSALLE,ESQ.
PA.LD •.#05444
ROSE,SCHMIDT,DIXON &
HASLEY
FIRM #043
900 OLIVER BUILDING
PITTSBURGH,PENNSYLVANIA
15222-5369
(412)434-8600
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVhNIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
NO.63-70-317
AFFIDAVIT OF SERVICE
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF ALLEGHENY
)
)
)
SS:
Before me,the undersigned authority,personally
appeared Christopher F.Farrell,who,being duly sworn according·
to law,deposed and stated that he mailed,by first class U.S.
Mail,postage prepaid,notice of the hearing on the Petitio~For
Change Of Situs,filed in the above captioned matter by Amy Anne
Weimer Levin,to the following parties in interest,addressed as
follows:
David Michael Ritter
Route 2
Box 101
Newberry,Florida 32669
William Jeffrey Ritter
6907 Moore Street
Stuart,Florida 33490
Susan Duncan Ritter
6907 Moore Street
Stuart,Florida 33490
Andrew Duncan Ritter
Route 2
Box 101
Newberry,Florida 32669
Christopher Burns Ritter
c/o Damon G.Douglas Co.
245 Birchwood Avenue
Cranford,New Jersey 07016
Anne Elizabeth Ritter
7026 South Claiborne Avenue
Apartment D
New Orleans,Louisiana 70118
Jonathan Baker Ritter
940 West Brevard Street
Apartment C.3-4
Tallahassee,Florida 32313
As evidence of such mailing,attached hereto are
Consents to the proposed Change of Situs filed by six of the
above named parties in interest,as well as a copy of the notice
letter to the remaining party in interest.
Sworn to and subscribed
before me this g.;t::/L .
day of'~ovember,1984.//'
::::.".Notary pUbliC
" .ANN K.CERNY,Notary Public
Pittsburgh,Allegheny County,Pa.
'My Commission Expires Aug.8,1988
-2-
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
CONSENT
NO.63-70-317
I,D.Michael Ritter,being a contingent benefic:ary of
the above referenced trust,do hereby aver that I have read and
understood the Petition For Change of Situs filed herein by my
mother,Amy Anne Weimer Levin,and I join in the proposed Order
of Court directing the situs of such trust to be transferred to
Florida.
-;e?~
D.Michael Ritter
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
CONSENT
NO.63-70-317
I,W.Jeffrey Ritter,being a contingent benefi·:::iary.of
the above referenced trust,do hereby aver that I have read and
understood the Petition For Charige of Situs filed herein by my
mother,Amy Anne Weimer Levin,and I join in the proposed Order
of Court directing the situs of such trust to be transferred to
Florida.
/
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
.CONSENT
NO.63-70-317
I,Susan D.Ritter,being a contingent beneficiary of
the above referenced trust,do hereby aver that I have read and
understood the Petition For Change of Situs filed herein by my
mother,Amy Anne Weimer Levin,and I join in the proposed Order
of Court directing the situs of such trust to be transferred to
Florida.
Susan D.Ritter -
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST QNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
CONSENT
NO.63-70-317
I,Anne E.Ritter,being a contingent beneficiary of the
above referenced trust,do hereby aver that I have read and
understood the Petition For Change of Situs filed herein by my
mother,Amy Anne Weimer Levin,and I join in the proposed Order
of Court directing the situs of such trust to be transferred to
Florida.
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
).
)
CONSENT
NO.63-70-317
I,'Jonathan B.Ritter,being a contingent-beneficiary of
the above referenced trust,do hereby aver!that I have read and
understood the Petition For Change of Situs filed herein by my
mother,Amy Anne Weimer Levin,and I join in the proposed Order
of Court directing the situs of such trust to be transferred to
Florida.
(
'.LAW OFFICES OF ()
.u..n.IlOO
1875 KYlE aTllBJrT.N.W.
l"ABRINOTOH.DC aoooa_,_uoo
.vrTB lHO
_IIB1fAJUANCB CBJfTBR
DnaoIT.MI ....a
llla/MY·lllIl
\
ROSE,SCHMIDT,DIXON &HASLEY
800 OLIVER BUILDING
PITTSBURGH,PA 15222
U2/434·8800
....NOIITH THIRD eTaBBT
.alTa 800,MARY BACHS aVILDINO
HAJlllJ••URo.PA 17101
717'...•..11
.UI~11011
IDLLCBArr c:moTaR
WAaIIINO'l'OJf.PA IUGI.,.'....-
WRITER'S No.U2/434·8675
CERTIFIED MAIL
RETURN RECEIPT REQUESTED
October 12,1984
Mr.Christopher B.Ritter
Damon G.Douglas Co.
245 Birchwood Avenue
Cranford,NJ 07016
Re:Trust Under Agreement of Walter H.Baker
Trust Under Will of Walter H.Baker
Trust Under Agreement of Anne A.Duncan
Dear Mr.Ritter:
On November 9,1984,at 11:00 a.m.,a hearing will be
held in the Court Room of the Honorable Thomas J.Terputac,
Washington County Court House,Washington,Pennsylvania,on the
Petitions of your mother,Amy Anne Levin,to appoint Northern
Trust Bank of Florida as corporate Trustee of the above referenced
Trusts,and to change the situs of such Trusts to Florida.These
Petitions have been filed by Mrs.Levin to fill the vacancy
arising from the resignation of the existing corporate trustee
of the Trusts,The Union .National Bank of Pittsburgh,and to
change the jurisdiction of the Trusts to a forum more convenient
to most of the trust beneficiaries.
As a contingent beneficiary of the Trusts,you have a
right to appear at the hearing to apprise the Court of your position
•with respect to the aforementioned Petitions.Should you like to
exercise this right,please advise me and I will,in turn,formally
notify the Court to insu~e that you will be.heard.Also,should
you require directions to the Court House,I will be happy to
provide the same.If you would like to consent to the proposed
change in the situs of the Trus,ts,you may simply do so by executing
the enclosed consent and returning the same to me.
('.r)
ROSE,SCHMIDT,DIXON &HASLEY"
Mr.Christopher B.Ritter
October.12,1984
Page 2
If you have any questions concerning this Notice or the
Court Hearing,please feel free to contact me.
Sincerely yours,
Christopher F.Farrell
CFF:jmc
Enclosure
$
327 751P518
Special Delivery Fee
Certified Fee
Postage
Sent to
Christonher B.Rit-t-pr
Street and No.Damon G.Douglas Co.
P.o.,Sta~eand ZIP CodeCran~ord,NJ 07016
(See Rellene)
RECEI~T FOR'CERTIFIED MAIL
NO INSURANCE COVERAGE PROVIDED-
NOT FOR INTERNATIONAL MAIL
J
II.ti
Arti.cle Number4.Type of Service:
2,0 R~tricted Deliverv.
3.Artic!e Addressed to:"Chr~stopher B.Ritt~
Damon G.Douglas co~~
'245 Birchwood Avenue
;ranford,NJ ~7~16
.0 Reslistered 0 InsuredJt]Certified 0 COD P518- 3 27-751oExpressMail.
~•SENDER:Complete item~1,2,3 and 4,
o Put your address in the "RETURN TO"spaceon the3reverseside.Failure to do this will prevent this card from
Co)being returned to you.The return receipt fllll will provide
~you the name of the penon delivered toand ttledate of
•detlvery.For additional f_the following servlc81 are
~available.C;onsult postmaster for fees and check ~,desl.
:C.tor slIfVice(sl requested.
i 1.~Show to whom.date and ~ddressofcdelive'v.
w
.,•
$
Return Receipt Showing
to whom and Date Delivered
Restricted Delivery Fee
ReturnReceiptShowingtowhom.
N Date.and Address of Delivery
CIO~TOTAL Postage and Fetis
.g ....--------_......_--....jLLoPostmarkorDate
I~
I el~IVJIl.
Always obtainsignature of addressee or agent and
DATE DElIVERf;D..i"":"'.
o 5.~.....1l9t
i X ~~~s::"Z~~~~6.:.:.....-~r--"-~
~n X
21 7.Date of Deliverv!!1c:21 t-;;-8.~:;:;::=:::-~~~;m'lT17=:=~~~~~_-I
Z
21p;
III
,~~....L---:-_---:_.,.....~._._._,_._.--,_._._._.....----....J
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA
ORPHANS'COURT DIVISION
j
IN RE:
TRUST UNDER WILL OF
WALTER H.BAKER FOR
AMY ANNE WEIMER LEVIN
)
)
)
)
)
CONSENT
NO.63-70-317
I,Christopher B.Ritter,being a contingent beneficiary
of the above referenced trust,do hereby aver that I have read
and understood the Petition For Change of Situs filed herein by
my mother,Amy Anne Weimer Levin,and I join ~n the proposed
Order of Court directing the situs of such trust to be
transferred to Florida.
B.Ritter
LAW OFFICES OF
BUITB 1500
1578 EYE STREET.N.W.
'VABHINOTON.DC 2:0005
202/289-8800
SUITE 1940
600 RENAISSANCE CENTER
DETROIT,MI 48248
813/S67-1181
ROSE,SCHMIDT,DIXON &HASLEY
900 OLIVER BUILDING
PITTSBURGH,P A 15222
412/434-8600
208 NORTH THIRD STREET
SUITE 800.MARY BACHS Bl1lLDINO
HARRISBURG.PA 17101
'717/284-8911
SUITE 202
MILLCRAFT CENTER
WASHINGTON.PA 15801
412/228-8888
W3ITER'S No.412/434-8675
J
November 13,1984
The Honorable Judge Thomas Terputac
Court of Common Pleas
washington County Courthouse
Main Street
Washington,PA 15301
Re:Trust Under Agreement of Walter H.Baker
No,63-70-311 '
Trust Under Will of Walter H.Baker
No.63-70-317
Trust Under Agreement of Anne A,Duncan
No.63-73-1032
Dear Judge Terputac:
On behalf of Richard DiSalle,Esquire,of our office,
I am enclosing herein Consents executed by Christopher B.Ritter
to the Petitions for Change of Situs filed in the above captioned
Trusts.with the filing of these Consents,all of the children
of Amy Anne Weimer Levin have consented to the pro?osed change
in situs of such Trusts.We apologize for not pre3enting these
Consents to you at the audit,but we only received the same today.
Richard DiSalle has also asked me to advise you that
the address of the new corporate trustee is as follows:
Northern Trust Bank of Florida
c/o Paul T.Williams
Vice President and Senior Trust Officer
700 Brickell Avenue
Miami,FL 33131
(305)372-1000
Sincerely yours,
L~~~~
Christopher F.Farrell
CFF:jmc
Enclosures
~lt t4~<lrnurt nf <tTnmmnu Jl~an nf lIun4iugtnu <lrnuuty
®rp4uun~<trnurt iininlnu
.In the matter of the ~udit of Account in
../
Estate of Waltel:'.H.Baker J
Deceased
TO THE AUDITING JUDGE:
No.317 of 1'970
Enter__--=m~y'__appearance for pe,titionlng trustee.The Union National
Bank df Pittsburgh.
26th day of._----<A::ul....,lg6>-"'llu.;SL.lt~,,19-1.5...-
N.B.-Counsel shall,by separate paper,present a concise stateoent of each
claim,with supporting calculation of any interest claime:i.Objections
to an account as filed,shall be concisely stated in a se)arate paper.
Council suggesting proper distribution shall file a sep.!l.rate concise state-
ment in that regard.
No.317 of 1970
In re Audit of Account in Esta:te of
Walter H.Baker,
DeCe::lRPn
AUDIT
'ra:crip:c fnr 1\pp:caraur:c
FOR
Petitioning Trustee.The
Union National Bank or
Pittsburgh
Robert F.Patton,Esq.
Buchanan,Ingersoll,Rodewald,
Kyil!e'&Buerger
1800 Oliver Building
Pittsburgh,PA 15222
Attorney
~2
,(
,,-r"t ~
.'-.!-..,.
,,,.,.
3Z8'O.Sl')
UnIOnNationalBank
February l~,1985
Mr.Paul 'r.'Williams,Vice President.
sndSX'.Trust Off~ce,',.
Northern 1rust Bank.of Florida
,700 Brickell Avenue
Miami,''FL'331)1 '
In re:"wal ter It..Baker;Deceased
JErust for Amy Anne W.Levin .
•802991000
Dear Mr.WilliamEH
. .On Friday.F'ebruary 15,-1985,J.ha~'another'telephone
conv~rsation:with attot'ney Daniel F.·Svidro,Audit Clerk for the
.Orphans·Court of Waehingtqn ~ounty,Penn$ylvania,re~ardtn9 the
status of .the termination of this Trust." .
-.._.~".....''
During our'~Qnversationl it was 9u9gest.ed that we re$ubmit to
.you a duplicate oriiJinal of thf,!revised "Elect1on to Take In Kind w
reflecting all 0'£the assets held.'Vou w:1l1 recall that 1;his was
or19inally forwar4ed to you with ~covering letter da~ed
November 27,198~~
Xt is my u.nderstandinq'that attorney Christopher P.Parrell
and Judge Rlehas;:d'DiSalle.have had..t5eveJ;alconvers$tions with you
·in regards to this.mattet.flnd at the beginning of this year,you
will recall that you advised me that the cQlllpletec.''Election wafS to
be mailed shortly.I now find that the~&has be~n no response to
the ori9inal letter or the~Qbsequen~telephone inquiries.In view
of tl'le·lon9 delay,we woulCl appreciate your prompt response to the.
enclosed Electloti or 80nte ~xplanation for YQut'actiona so that the
court can be advised acoordinqly•.
,
i
./
.."
.",'~t,'!~
\~~
"
COpy
,-,----
II '11 ~~.!I!.I W~lliatnS,V1c~_prestident~~BI~~8t ~fficer "
.;
Page 2
328·0-81
February 19,1985
As Soc:\"'''.::.th~cnclobed'Electio.Jl is"signed and returned,
I \!il1,see.that it is'immeC1iately delivered to the Court.Por
I .y,':rinformation,we have alreadv subllitted t.o the Court the
prcposad Adjuc!3.CA':'.i.on at..d Occ:.:'~~Cor this Trust.Consequently,
.tresi~i~q and returnlng.Qf the Sl~ction is the only mat.ter that
ha~yet to be finalized..'.
If you heve any ftirthcr gue81tions,pleGs~'f4!el free to
contact me •.,
·\~etY tt'uly yours,
dCirtC#fi'
Gilb"ert L~B~
Vie~'Pr"!d~rtt
GLEldls
Enclosure :
eo s J~lIne15 W.umme~,Esquir.e
Christopher P.tarrel1,Bsquire
Evans Rose,Jr it,'esquire
Richard D1Salle,~squire
uani~t ,.Svitlro,Esquire
l:onorable '!'homa£J.'terput&c
My Mile W.~v1~-
i-
.'
"
-,
.',
.t;"·
..
COpy
,
i
I
I
,
I
II
r--------_-------------------------~--------
,
I #I-:.IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PA.
(Orphans I Court Division)
,.1
--'...J;(•
;,'~.~,;.
f ;'"::..._...
;,~";"..':hJI ~,.-
No.63 ":::;':l70.~~~~0,::
d/7
No.63 -70 ---8-l-l -)
)
)
In re:
WA LTER H.BAKER TRUST
SHARE FOR WALTER WEIMER
In re:
WA LTER H.BAKER TRUST
SHARE FOR AMY ANNE RITTER
TRANSCRIPT OF THE PROCEEDINGS AT THE
HEARING BEFORE THE HONORABLE PAUL A.
SIMMONS,J.,ON WEDNESDAY,DECEMBER 22,
1976,AT 10:15 A.M.,IN COURTROOM #5.
APPEARANCES:
JAMES W.UMMER,ESQ.,of the firm
Buchanan,Ingers011,Rodewald,Kyle &Buerger
5th Floor U.S.Steel Building
600 Grant Street,Pittsburgh.Pa.15219
representing
The Union National Bank of Pittsburgh,
Surviving Trustee.
MARY JANE DREYER
Official Court Reporter
AND NOW,this 22nd day of
December,1976,at 10:15 A.M.,the within matter
came on for hearing,as scheduled,in open court,
before the Honorable Paul A.Simmons,J.
+ + + + + + + +
THE COURT:I think,just preliminarily,it would
,
be a good idea if,all the severa~counsel would -enter their appear-
,,,
ance,and tell'lUs who ,they repres'ent•..-
MR.UMMER:Well,thft.first'matter has nothing to.•.!"
do with the trial,or the hearing,that's going to ensue.
THE COURT:
MR.UMMER:
O.K.Very good.
Your Honor recalls back on November
23rd,I presented at motions two petitions for declaratory judgments
in the trust under the Will of Walter H.Baker,the share for
Walter Weimer,and also the share for Amy Anne Ritter,and that
petition prays for the issuance of a declaratory judgment interpreting
the language of article three of the Will as it pertained to investment
restrictions,and you signed a preliminary order on that day,direct-
ing the trustees to give notice to all parties in interest.This mattel
would be present before you this morning,and I am here to pre-
sent a final order for your Honor to sign,interpreting that language
cons istently with prior interpretations the Court 's made.
3.,
THE COURT:
objection to this ?
THE COURT:
All right,now,do we have any
(No response.)
I believe you ought to announce this
matter in the halls of the courthouse,and also in the courtroom,to
see if anybody is responding to this I ootice and does have objection
to your proposed interpretation,all right?
MR.UMMER:Your Honor,Evans Rose,Jr.,who
represents Amy Anne Ritter,and also "3;--cotrustee of ---
THE COURT:
MR.lJMlVlER:
He's a substitute trustee,if I recall.
That's correct,1e.s.He is present,
and I understand that.he has,no objection to this.
I •.
THE COURT:All right.Let's announce the matter
of Walter H.Baker Trust,share for Walter Weimer;also Walter H.
Baker Trust,share for Amy Anne Ritter,in the halls of the court-
house,and see if we have any response.
----------,.--------------------------------------
Order~.4.
(Mr.Zermani,Court Crier,makes this announcement.)
•
THE COURT:
announcement?
Mr.Zermani,did you make the
Courtroom who has an interest in the Walter H.Baker Trust Share
regard to the interpretation of article three of the Will,which
for Amy Anne Ritter,who has any objection to the final order in
room who objects to any possible interpretation of that language?
Your Honor,I received no response.
Now,do we have anybody here in the
this indenture who are sui juris.~I Do we have anybody in the court-
identifies the phrase,"the then beneficiaries of the trust created by
COUHT CRIER:
THE COURT:
~
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ORDER:
enter the final Order;-,as foll'ows:
11Ill:W
l-ll:o0.Wll:
l-ll::>oU
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THE COURT:
(No response.)
Hearing no objection,the Court will
NOW,t6-~it,this 22nd day of
December,1976,the Court having found.tha,t the trustees of the trus'
created by Walter H.Baker,designat ed by the number and term
above shown,have given notice to all parties in interest to appear
•
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and present oral argument based upon the petition presented to this
Court by the trustees on November 23,1976,a copy of which was
provided to each party in interest,in accordance with the provisions
of Sections 831 and 834 of the Uniform Declaratory Judgme nt Act,
J
hereby interprets,orders and decrees that the phrase lithe then
beneficiaries of the trust created by this indenture who are sui jurisI
as it appears in Article Three of the subject trust indenture is a
class limited to those persons who are currently entitled to the
distribution of trust income.
5••
these people;do you have that?
present your Affidavit of Service,as indicated in the notice,to all•
~U
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THE COURT:
MR.UMMER:
THE COURT:
MR.UMMER:
THE COURT:
Now,at this -:time,would you please
I don't have that with me,your Honor
Are you able to provide me with that?
I can,yes.
Well,on your representation that
notice was,in fact,given,we will go ahead and sign it.
MR.UMMER:It was.The notice consisted of a
copy of the petition and a copy of the preliminary order and a letter
----------n,....-----------------------------~-------
from Union National Bank,one of the cotrustees,explaining what wa~
MR.UMMER:First class mail,your Honor.
was it done;is there anybody here who 'can tell us?
know,showing that these people,in fact,did get noti.be of this.
the cotrustees of the surviving (inaudible).
and the present encumbent beneficiaries were notified,as well as
•
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being done here.
THE COURT:
THE COURT:
of mailing this notice?
MR.ECHEMENT:
THE COURT:
MR.ECHEMENT:
THE COURT:
Was that done by certified mail?Hov
Well,would you give us an affidavit
Yes,your Honor.
It's important for the record,you
Well,all the residual remaindermen
All right,and,just for the record,
would you state your name,please.
MR.ECHEMEN,T:John R.Echement,I'm Senior Vice
President of Union National Bank.
,....,
THE COUR T:~•/r
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In re:Walter H.Baker Trust,Share for Walter Weimer,and,Mr.
would apply to the next case before the Court,which..has to do with
sign the Final Order,with the understanding that this will be suppli-
Yes •
All right.Well,now,this also
.AIl right••You'll do that,and we'll
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MR.ECHEMENT:
ed in due course.
to all interested..pa'rties,<is _that right.?
THE COURT:
THE COURT:
expect,just so the record will shaw this,that you will file with us
an affidavit -i;~dicating that you~properly mailed notfce of this matter
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That's correct,your Honor•
And you will supply an affidavit to
that effect,in due course?
MR.ECHEMENT:Yes,your Honor.
THE COURT:Mr.Zermani,did you announce both
"estates?
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of article three of this will,as it pertains to the share for Walter•
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THE COURT:
Weimer?
THE COURT:
~{Court Crier)'r did,your,Honor.
Now,do we have anybody in the,
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(No response.)
Hearing no response,the Court will
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make the following Order.
ORDER
NOW,to-wit,this 22nd day of Decemter,
1976,the Court having found that the trustees of the trust created by
Walter H.Baker,designated by the number and term above shown,
have given notice to all parties in interest to appear and present oral
argument based upon the petition presented to this Court by the
trustees on November 23,1976,a copy of which was provided to
each party in interest,in accordance with the provisions of Sections
831 and 834 of the Uniform Declaratory Judgment Act,hereby
interprets,orders and decrees that the phrasel "the then beneficiaries
of the trust created by this indenture who are sui juris11 as it appear~
in Article Three of the subject trust indenture is a class limited to
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..THE COURT:Now.when can I expect these affi-
9•
davits of mailing,if you will,as to this notice;within the next day
or so?
MR.ECHEMENT:
THE COURT:
Yes.your Honor.
All right,if you please.I'd apprecia e
it.Now.we 'llsign these.Do you have a copy of these?
MR.ECHEMENT:
THE COURT:
Court Reporter.
MR.ECHEMENT:
THE COURT:
Yes,.I do.
Will.you please give a copy to our
Yes,your Honor.
Now,we're going to give these to
our minute clerk.who will make the proper entries.
MR.ECHEMENT:
THE COURT:
Fine.Thank you,your Honor.
Then ~ou can file them down stairs
later.All right.Now,the next order of business.
MR.UMMER:That's it.Thank you,your Honor.
COURT ADJOURNED IN THIS MATTER AT 10:30
A.M.,ON WEDNESDAY,DECEMBER 22,1976.
+ + ++++ +
--------rr---------------------------~----------
Certifications 10.
IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PA,
(Orphans'Court Division)
I
I '.
•In re:
WALTER H.BAKER TRUST
SHARE FOR AMY ANNE RITTER
)
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(
No.63 -70 -311
The foregoing record of proceedings at the hearing in the above
cause is her.eby approved and directed to be filed •
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I hereby certify that h~e proceedings are contained fully and
accurately in the notes taken by me at the hearing in the above cause,
and that this copy is a correct transcript of the same.
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Mar)/$ne Dreyer,~
Offbtial Court Reporter.
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~:No.63 -/70 .-311'.-
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CERTIFICATIONS :.
In re:I
WALTER H.BAKER TRU'ST".,..--""
SHARE FOR WALTER WEIMER'
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IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PA.
ORPHANS'COURT DIVISION
WALTER H.BAKER,
Trust Under Will of
Deceased
U'lNo':~;"~3-70-317
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HEARING ON PETITION FOR REMOVAL OF CO-TRUSTEE
AND APPOINTMENT OF SUCCESSOR CO-TRUSTEE
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APPEARANCES:
THE HONORABLE SAMUEL L.RODGERS,J.
In Chambers
Friday,June 22,1979
At 9:30 A.M.
Robert Y.Kopf,Jr.,Esquire and
Christoph~r F.Fafrell,Esquire
Representing the Petitioner
R._Micha~l Daniel,Esquire:
Representing Union National Bank
•
Janet A.Jackson
Official Court Reporter
2.
THE COURT:This is the time set for a
hearing on the petition of Amy Ritter for the
removal of the co-trustee William C.Ritter.
Mrs.Ritter is present along with counsel.
Counsel is also present representing Union
MR.DANIEL:I an R.Michael Daniel.I
in this matter.
the!
I
of i
IAlsopresentisEvansRose,
My name is Robert Y.Kopf,
THE COURT:
MR.KOPF:
MR.FARRELL:I am Christopher F.Farrell.
Union National Bank of Pittsburgh.
Jr.,proposed successor co-trustee.And wherE
Kyle and Buerger law firm and we represent
I am co-counsel with Mr.Kopf.
am with the Buchanan,Ingersoll,Rodewald,
their client.
National Bank,co-trustee.And I will ask
attorneys to give us their names and names
Jr.I represent Amy Anne Ritter,the petitioner
are you located,Mr.Rose?
.MR.ROSE:900 Oliver Building,
Pittsburgh,Pennsylvania 15222.
THE COURT:All right,Mr.Kopf,do yo\
want to proceed?
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MR.KOPF:Yes,your Honor.It's the
position of the petitioner,and we would like
to so move for the petitioner,that Article
Eight of the will of Walter H.Baker empowers I
the petitioner solely to remove the individuall
Itrustee,William C.Ritter,and appoint a
service on Union National Bank.
affidavit of service of Mr.Ritter.
THE COURT:I have an affidavit here of
We have placed on record anMR.KOPF:
THE COURT:I would like first of all to
that Mrs.Ritter has,as stated in the peti-
put on record service of the notice of this
trustee of her choice.Her testimony will show
tion,chosen Evans Rose as such successor
petition and hearing on the other parties.
as my witness the petitioner,Amy Ann Ritter.
Could you do that?
individual trustee.I would first like to cal
MR.KOPF:There should be two affidavits.
THE COURT:Do you know whether in fac~,
service was made on Mr.Ritter?
MR.KOPF:Yes,I do,your Honor.
Service was made on Mr.Ritter.
4.
THE COURT:I don't see it here.Do you
have a copy of the affidavit?
MR.KOPF:Yes,your Honor.This is a
copy of the affidavit.
THE COURT:I do now have the affidavit
EXAMINATION BY MR.KOPF:
AMY ANNE W.RITTER IS CALLED AND DULY SWORN
These two affidavits of service are made a
Let the record show also that the court
Thank you.MR.KOPF:
the courthouse and that there was no response.
crier paged William C.Ritter in the halls of
part of the record.
upon William C.Ritter on April 19,1979 at
All right,do you want to go ahead,Mr.Kopr?
10:30 A.M.at R.D.Two,Knox,Pennsylvania.
of service by Arthur E.Sachon showing servicE
Would you please state your full name and addressQ
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to the Court?
A Amy Ann Weimer Ritter,3537 Royal Palm Avenue,
Coconut Grove,Miami,Florida.
Q Are you the sole income bene:iciary of the trust
under the will of Walter H.Baker,captioned in thi~
I •
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THE COURT:I don't see it here.Do you
have a copy of the affidavit?
4.
MR.KOPF:Yes,your Honor.This is a
copy of the affidavit.
THE COURT:I do now have the af:idavit
of service by Arthur E.Sachon showing service
upon William C.Ritter on April 19,1979 at
10:30 A.M.at R.D.Two,Knox,Pennsylvania.
These two affidavits of service are Made a
part of the record.
Let the record show also that the court
crier paged William C.Ritter in the halls of
the courthouse and that there was no response.
All right,do you want to go ahead,Mr.Kopr?
EXAMINATION BY MR.KOPF:
AMY ANNE W.RITTER IS CALLED AND DULY SWORN
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MR.KOPF:Thank you.
Q
A
Q
Would you please state your full name and address
to the Court?
Amy Ann Weimer Ritter,3537 Royal Palm Avenue,
Coconut Grove,Miami,Florida.
Are you the sole income beneficiary of the trust
under the will of Walter H.Baker,captioned in thi~
-Ritter Kopf 5.-
court at 63-70-317?
A Yes sir.
Q Is it your desire as such patty in interest to
remove William C.Ritter as co-trustee of this trust?e A Yes.
IQIsityourfurtherdesiretoappoint,pursuant to
!z the granted to in the ",,-ill of Walter H.i power you
Baker,Evans Rose,Jr.as successor individualz:cI.1z trustee?e"A Yes.zi.•:c Q Are you aware of the fact that William C.Ritter~
fi was given timely notice of this hearin!S?~I e i A res.tIi~MR.KOPF:Your Honor,do you want me -~.•would you like---•II:I!II:0 THE COURT:Well,if you could just in..•JI:
to summary form have Mrs.Ritter state to theI::;)
0.U Court that the facts set forth in this peti-~uI tion are correct.I assume you've read it?
,
e A Yes.
Q Have you signed the petitio~?
A Yes sir.
Q Do you believe the facts in it to be true and cor-
rect?.
A Yes sir..
6.
MR.KOPF:Your Honor,I would like to
call to the Court's attention one small mis-
statement of fact in the petition.There is
a statement in the petition stating that Mrs.
Ritter's mother -rather,Mrs.Ritter appointed
William C.Ritter as the trustee of this
Evans Rose.
(Mrs.Ritter excused).
Thank yo~,your Honor.IfMR.KOPF:
trust.In actual fact,pursuant to the terms
THE COURT:Very well.We'll consider
the Court does~not wish me to have any fuuther
the petition amended in that respect.
was made by Mrs.Ritter's mother.
of the instrument,that appointment in 1970
questions of Mrs.Ritter,I would like to call
EVANS ROSE,JR.IS CALLED AND DULY SWORN
EXAMINATION BY MR.KOPF:
Q Would you please state your full name,address and
occupation to the Court?
A Evans Rose,Jr.,900 Olliver Building,Pittsburgh,
15222.I am an attorney at law.
Q What is your area?What are yburgeneral areas of
Rose -Kopf 7.
If the Court were to approve your appointment as
My general areas of specialty or-concentration are
specialty in the practice of law?
corporate,
I
field.
areas of estates and trusts,and also the
Q
successor individual trustee along with the Union
I am.
National Bank in the administration of the trust
under the will of Walter H.Baker,are you willing
to accept that confirmation and appointmen~?
Your Honor,based on our pet'-MR.KOPF:
trust,and that Evans Rose,Jr.be ~ppointed
proposed individual successor .--trustee,I
tion and the answers of the individual -
would like to move that William C.Ritter be
removed as the individual trustee of this
I do.
Court and as required by law?
If the CouGt were to approve the appointment,do yo~
agree to file all'accountings as directed by the
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as his successor.
THE COURT:All right,we'll defer for
the time bing ruling on that motion.I would
like to hear from counsel for the Union
National Bank.
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MR.DANIEL:Thank you,your Honor.I
have no cross examination of Mr.Ritter.The
position of Union National Bank in :his matter,
your Honor,is one of strict neutrality.Union
National Bank,if his Honor elects not to re-
move Mr.Ritter as individual co-trustee,
will be glad to continue to serve as corporatE
co-trustee with Mr.Ritter.In the event his
Honor elects to remove Mr.Ritter and appoint
Mr.Rose as individual co-trustee,Union
National Bank will be delighted to serve with
Mr.Rose.We would like to request the Court
that in the event it does remove Mr.Ritter a~
co-trustee that it direct an accounting be
filed.Ohter than that,our position is
strictly neutral.
THE COURT:~Who is actually in posses-
sion of the assets of this trust?
MR.DANIEL:All of the assets are
actually in the-possession of Union National
Bank.
THE COURT:Would there be any diffi-
•
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culty in having an accounting at this time?
MR.DANIEL:I'm aware of no difficulty
whatsoever.vour Honor.
9.
THE COURT:What is the approximate
amount in the trust at this time?
MR.DANIEL:I believe,your Honor,it i~;
approximately half a million dollars,but I'l~
be honest with you.I'm really not sure.
MR.DANIEL:I haven't seen the recent
remove William C.Ritter as co-trustee will
tion of counsel of the bank as to an interim
stated in the petition.
Very well.The motion to
That's correct.That is
I would like to say,yourMR.KOPF:
MR.KOPF:
THE COURT:
be granted and to appoint Evans Rose,Jr.as
market -the way the market has been,I would
Honor,I would not only agree with the posi-
accounting,I would encourage it.
successor co-trustee will also be granted.W
hesitate---
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would also direct Mr.Rose and the Union
National Bank to file forthwith an interim
accounting of the trust estate.Mr.Kopf,
we'll ask you to present to the Court an
•appropriate decree in this matter .
,.10.
0.
I MR.KOPF:Fine,thank you,your Honor.
I
*********
IIe(END OF PROCEEDINGS )I
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I hereby certify that the proceedings are
contained fully and accurately in the notes taken by me at
Of~Court Reporter
By the Court,
The foregoing record of proceedings
~Samuel L.Rodgers,J.
the hearing in the above cause anj that this copy is a
directed to be filed.
at the hearing in the above cause is hereby approved and
correct transcript of the same.
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TRANSCRIPT OF PROCEEDINGS IN CHAMBERS
I
IN THE COURT OF COMMON PLEAS 9F WASHINGTON COUNTY,
ORPHANS'COURT DIVISION
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PENNSYLVANI1
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No.63-70-317
)
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Wednesday,October 30,1974.
MR.AND MRS.WILLIAM CHARLES RI~TER,
representing themselves.
THE HONORABLE PAUL A.SIMMONS,.Judge
of the said Court.
,.
BEFORE:
IN RE:
ESTATE OF
WALTER H.BAKER,
Deceased.
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30th day of October,ten minutes after 2:00 o'clock
in the afternoon.
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Let the record show that today is the
Let the record further show that
Mr.William C.Ritter,a trustee in the Estate of
Walter H.Baker,deceased,is here in the Cour~'s
chambers.Let the record further show that he has
been accompanied by his wife,Amy W.Ritter.Let
the record further show that the records indicate that
Mrs.Ritter is a beneficiary of the Estate of Walter
H.Baker,deceased,and that Mr.Ritter is a trustee
of the same estate.
Further,let the record show that Mr.
Ritter has heard the proceedings which were before this
Court on October 28,1974,where a Mr.Rex Rowland,
Esquire,of the firm Buchanan,Ingersoll,Rodewald,
Kyle and Buerger appeared before this Court on a date
set for a continued audit in the Estate of Walter H.
Baker,deceased.And Mr.and Mrs.Ritter have been
informed by the Court Stenographer as to what transpirea
at that time.At this time,Mr.Ritter,would you just,
for the sake of our record,give us your full name and
address please?
RITTER:My name is William C.Ritter.My address
is 4101 La Playa Boulevard,Miami,Florida,33133.
area code,667-6680.
number 667-0070.
MR.RITTER:
THE COURT:
My phone number is Area Code 305,
And my residence phone is the same
Mr.Ritter,as I understand it,you do
Do you have a phone number,including
Yes.
an area code?
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have an interest in the Walter H.Baker Estate,is that
correct?
,MR.RITTER~,,Yes,sir,in that I am co-trustee by
appointment of the Court here in Washington as of 1970.
THE COURT:You are a co-trustee with who?
MR.RITTER:With the Union National Bank of Pittsbu
. I
THE COURT:.,this estate?.
Your wife,,does she have an interest in
one quarter at age 55.
eligible for any of these distributions?
here 1S the distribution that came about because of he
Yes ..That is what we are concerned abou
Presently,Mr.Ritter,is your wife
Yes.She has a life estate with remaind r
one quarter pa~t of the principal at age 45 and anothe
to her children.;and in addition,has the right to a
MR.RITTER:
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45th birthday on July 1st of this year.
MR.RITTER:
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Yes,sir.
I think you heard the statement that
was given here that was made by Mr.Rowland to the
Yes.I'd like to comment on a couple of
believe he is in error on that.Litigation was with th
things.He referred to litigation with this estate.
Duncan Trust,which is a family related matter,but
Court.Do you have any comment on the statement?
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has nothing to do with the Estate of Walter Baker.
THE COURT:Was there any litigation to your knowle ge
involving the Estate of Walter Baker in the last,sinc
its inception?
MR.RITTER:No,sir.To my knowledge there has been
none and I believe Mrs.Ritter can verify that.There
has been no litigation involved in the Estate of WaIte
Baker.
4
THE COURT:In other words,perhaps Mr.Rowland was
confused or confused the Duncan Estate with the Baker
.
Estate because there is some type of a relationship,
is there,between the two estates?
MR.RITTER:.There is a family relationship,yes,si~,
and Mrs.Duncan established the Duncan Trust and was
the mother-in-law of Walter Baker,whose estate we
are dealing with here.
THE COURT:Very quickly,or if you can,or maybe
your wife might be able to do this,would you tell us
about this in very brief terms,the nature of the
litigation involving the Duncan Trust?
MR.RITTER:In the Duncan Trust,it was brought by
the Union National for an audit.And at that time,a
brother of Mrs.Ritter brought a Petition.
THE COURT:
MR.RITTER:
trust.
THE COURT:
MR.RITTER:
That is your wife,Mrs.Ritter.
Yes;brought a Petition to reform the
The terms of the trust---
To include him,to reform the terms.
That Petition for Reformation was upheld in the Orphan '
Court here in Washington County.
THE COURT:
this was?
Can you recall just approximately when
MR.RITTER:1968.
trust remained as it had been administered.
reversed by the Pennsylvania Supreme Court.And the
over a couple of years,and the decision here was
•
MRS.RITTER:
MR.RITTER:
No,it was after Jonathan was born.
In the '66 and '68 period.It was stretc edI
~THE COURT:~J
What is the first name of the Duncan
~Trust?Is this a lady?z~L
i MR.RITTER:Anne A..Duncan.
j
~THE COURT:Anne A.Duncan Estate.
£~
;MR.RITTER:Yes.
that was his intention or not.
the Anne Duncan Estate with the Walter Baker Estate.
was because of that litigation.I don't know whether
It seemed to me that he implied that
I would think so.I know of no litigati
Your contention is that Mr.Rowland is
in the Walter Baker Estate.I am not suggesting---may
I add,Your Honor,I am not suggesting that just from
what I heard that he was saying that part of his fee
charging fees for litigation,he apparently has confuse
COURT:
MR.RITTER:
THE COURT:
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he litigated in some manner with the Walter Baker Esta e.
That was my impression.
MR.RITTER:I would prefer to wait until I can read
that transcript to see what it says.
THE COURT:It was brought into the picture that
there was litigation of some nature and your understanding
lS there never was such a litigation to your knowledge
in the Walter Baker estate.
and so on.
about this matter mentioned something about a letter
it is necessary,why don't you think it is necessary
account.Could you comment as to whether or not you
That's right.
Your wife,when we were speaking informclly
believe an accounting is necessary?If you don't thin
that had been sent to you concerning the second and pa tial
THE COURT:
MR.RITTER:
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or both of those,certainly at the April meeting,
or early March,and again about the 22nd of April
Echement at the Union National Bank in late February
when I was in Pittsburgh on other business,and at one
To go back just a bit,I talked with Mr~MR.RITTER:
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I am sure I raised the question with him as to when
1st,and whether it could be done on the release basis
the distribution would be made that was due on July
information,I think you stated to me that you have
Not to interrupt,just by way of
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training in legal matters.Is that true,you have a la
degree?
MR.RITTER:I do have a law degree,yes,sir.Mr.
Echement said that he felt it was proper that it be
done by an audit.And I asked him if this was absolute y
necessary and I think once again,he simply said this
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was the usual and proper way to handle it.I went back
to Florida then and informed Mrs.Ritter what he had
said and she said,"What happens now?"And I said,"I'm
not sure.You will have a letter before your birthday
as you did in the past years when distribution is made
from inter vivos trusts."Unfortunately,there was no
letter and we didn't write on it.And the first notice
we had came in mid August,I think,the letter was
written to me on August 9th.I had left for Pennsylvan"a
on August 10.And I called Mrs.Ritter after I arrived
here with five of our children.And she said this lette
had come in and read it to me.And I went to the bank
a day or two after that and met with Mr.Echement.
At that time,Mr.Echement showed me
a copy of the letter he sent to Florida.And I received
something similar,they had forwarded to me some papers
to be signed,including one that said,and I will quote
from a copy of it here,I think this is the first one,I
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with the first one here,and it says,"I,William C.
Ritter,Successor lndividual Trustee under the Will
of Walter H.Baker,deceased,co-trustee with the
Union National Bank of Pittsburgh,do hereby formally
state that as co-trustee,I},I did authorize the
preparation of the Second and Partial Accounting for
Walter H.Baker,deceased Trust for Amy Anne Ritter,
and 2)Did requ'est that account be filed in er
term of Court without my signature,due to insufficien
time for my review of said account to meet the filing
date,and 3)since the filing of the account,I have
reviewed the account as filed,and am satisfied with t e
;..
of these matters.
account."
seek counsel for mother and perhaps legal counsel,
In other words,you are telling me,
file.
consent to the accountant here,that is the bank,to
Mr.Ritter,that you really did not give your prior
the fees and as to the necessity of an audit,and all
since she had raised questions as to the amount of
Echement at my meeting with him there around the 13th
signature at the bank,and as I pointed out to Mr .
or 14th of August,that there was no way that Mrs.
Ritter'would have a chance"to come to Washington and
Now,sir,that was presented for my
and 4)do hereby request that distribution be determined
by the Court in accordance with the Petition for Dis-I
~ribution to be offered in evidence at the audit of this
correctness of the transactions reflected therein,
THE COURT:
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MR.RITTER:No,sir,I did not.They sent me this
for my signature and when she read it to me by teleph(ne,
I said,"I'll have to go down the bank and see about t."
And she said,"Did you authorize preparation of the
IAprilandIthinkbackinMarch,we discussed this,"I
I said,"Well,I won't sign it because I had not authofized
account ?'"And I said,"The conversations I had in
it."And I had not requested an account be filed
and Mrs.Ritter said,"Does one have to be filed?"
fees from a cost point of view .
believe that it is unnecessary?
securities would be split and what they wanted to do
But now would you tell us this,what
Initially,I didn't raise objection•
We had already discussed as to how the
is .your-objection to the filing of an account?Why do you
I don't know the answer as yet."
except I asked if it couldn't be handled by a release
accountant's fee and possibly additional attorney's
And I said,"If you're asking the law in Pennsylvania,
receipt.I knew this could be done without involving a
THE COURT:
MR.RITTER:
THE COURT:You were trying to save money.
MR.RITTER:Yes.
THE COURT:And you trusted the bank's integrity
that they were not going to do something they shouldn'
have done.
MR.RITTER:
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was simply make a one quarter split of everything
held.I had raised the possibility of a selective
distribution for tax purposes.Mr.Echement said
no,that poses problems with the Internal Revenue Serv ce
and soforth.So I said I had no objection to that one
r-----------n-----------------------------------,----
10
quarter split,take it right down the line.
THE COURT:I notice there was a distribution back
ln September of 1970.That was distribution to your
sir.That was the audit simply to appoint me as•
wife,was·'.it?
MR:RITTER:There was no distribution of corpus ther,
I notice you mentioned that you do objee t
Mrs.Ritter initially asked me what
to certain suggested attorney's fees.Is that correct?
the time of 'Mr.Stockdale's death a year or two before
there was no successor co-trustee appointed.
the.bank first'took'contro1'ai.ong·with Mr.Stockdale.
That was~an audit of the account up until 1970.At
bank for further administering of the trust.It was fer
a period of time,I guess,up from 1951 or so,wheneveI
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successor co-trustee and the distribution back to the
MR.RITTER:
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they were for and why so much.I said,"I can't answer
tha1.I'll ask Mr.Echemen1."
-3 THE COURT:I notice from the suggested account tha::>J
~was filed here in this Court on July 24,1974,I
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.L:>notice that your wife has presented me with a copy of
a paper entitled Second and Partial Account of the
Estate of Walter H.Baker,deceased.And these seem
to be the same.The Court notes that these are the sam
papers and they are identical copies and the Court
notes that on July 19,Buchanan,Ingersoll,Rodewald,
Kyle and Buerger requested attorney's fees in the amou t
;.
of $3,000.00.Do you care to comment on that?Is tha
the fee that your wife seems to believe might be
excessive?
MR.RITTER:I believe so,yes.Attorney's fees,and
in addition to that,there is an accountant's fee in t e
amount of $6,000.00.
THE COURT:Well,let's ·talk about the attorney's ,
fee first.What is your feeling as to why the $3,000.60
is excessive?
I
MR.RITTER:Well,let me say this:I have not---Mrs~
Ritter feels it is excessive;I don~t know all the facts
on it yet.In fact,we are here today to try to
determine what period of time this law firm has
represented the estate.We know that in some previous
audits,Mr.Odel Parkinson represented so far as the
Petitions for Audit went.In the past he was,I belie e,
the attorney of record so far as filings with the Cour
here go up until 1970.We have asked through Mr.
Echement,and .incidentally,I have had no direct
conversation with Mr.Rowland,although he seemed to
suggest from what he presented to the Court here last
week,~henever it was,that he had contacted me some
way,in writing.All my communication has been with
Mr.Echement at the Union National Bank.So I have
had no conversation at all with Mr.Rowland.But we
asked Mr.Echement,Mrs.Ritter and I,asked him on th
phone and we asked him by letter and we asked him
1 7
again at the bank last week if he would forward to
Mrs.Ritter something specifically.She said,"What am
I paying for?"
form.Mr.Echement said it was for services over the
the accountant's fee,Mrs.Ritter asked what that was
periocl of time that they had administered the estate.
MR.RITTER:Yes.And thus far,we have not rece ved
An itemization of services rendered
that.Although in the last meeting Mr.Echement said
he'd try to get at it~and have it the next day.So
THE COURT:
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Now on all the inter vivos trusts M .
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Baker established,we found in our file an Agreement
as to fees by letter from the bank to Mr.Baker as to
income fees and as to percentage fee of principal at
the time of final distribution and termination of the
trust.We have not as of yet found such a letter of
Agreement as pertains to the estate.However,through ut
the 25-year period,the bank has used the same fee sch dule I
until January of last year in all inter vivos trusts
and all the various portions of the estate,as well as
in the Duncan Trust,and that is the percent charged
on income.
THE COURT:Was that increased in this case her ?
MR.RITTER:Well,I don't think initially ln
this distribution,but it was,without prior notice,
increased the first qu~rter of this year from 2%to 5%
,,.,
-·--------1r---"""''----~---~---"""""---------:..·--.-----"-~.:..--_.---------~-~
Mrs.Ritter has noted no notice was given to her
or her mother or brother,and she's been holding some I
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discussions with her mother in the past few days.Herl
mother---am I correct on this---her mother and brother
inter vivos trusts.
conditions as far as fees are concerned as the inter
income fee.There have been no distributions in the
under the estate were administered under the same
Now other than the fact as to whet er
They were,yes,sir,so far as the
In other words,you are saying,as
It has so far as income,percentage of
And has been to this point.
practice,that the testamentary trusts
has not arisen.
or not an accounting is necessary and the matter of
vivos trusts.
estate up until this point.Therefore,the question
of the.fee on distribution,percentage of principal
to be administered according to the same terms as the
both feel there was an agreement that the estate was
THE COURT:
MR.RITTER:
MRS.~ITTER:
MR.RITTER:
income.
THE COURT:
matter of past
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the amount of fees,do you have any other problems
that should be discussed?
MR.RITTER:We haven~t considered discussing
anything else at this time,no,sir.
r-----r----------------------------
14
THE COURT:Now maybe I will put this to your
wife:Give us your full name,please.
MRS.RITTER:Amy Anne Weimer Ritter.
is a trustee under the same estate.
complaint here that yo~feel should be at least con-
testamentary trusts of Walter H.Baker,deceased ••<z<~>-IIZZIII
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THE COURT:
MRS.RITTER:
THE COURT:
MRS.RITTER:
THE COURT:
You are one of the beneficiaries of the
Yes,sir.He was my grandfather.
You are here with your husband,who
Yes.
Would you tell us why you have a
contemplatiJlg th'is 'action.
courtesy.They filed it,I think,in July,and never
.sidered.by ,the C~~r~?
been,shall we say,a little bit more polite and
Yes.That seems to me a matter of
Such as filing an account.
I just feel that the bank should ha~e
bothered to write me a letter until the 9th of August
and then expected me to have all this paper work
back to them in time for your term of Court,the 9th
simply;notified me before my birthday that they were
MRS.RITTER:
THE COURT:
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of August.
THE COURT:You mean the 9th of September.
MRS.RITTER:Yes,I'm sorry,of September.And
they had not answered 'my questions as to what the
15
f.ees are being charged for.I have asked them why,
what they are for,but they have not told me.
THE COURT:Just f~r clarification purposes,
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it is my understanding from you thatyou did,in fact,
write letters to Mr.Echement and you requested him
to itemize the attorney's fees.
then Mr.Ritter had called him and he said there was
written himla letter,and received no answer.And
in Miami and I am here.He wrote the letter after I h d
wrote a letter,I haven't gotten it yet because it's
And he has,to this date,not answe ed
That's right,sir.
That's right,sir.Well,I think h
a letter in the mail,but I as yet have not received i .
your letter.
MRS.RITTER:
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haven't received it and I don't believe it answers
this letter,if,in fact,it has been written.
away for the last several days,you haven't received
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MRS.RITTER:
the questions.
In other words,since you have been
I think it is in my name and I
MR.RITTER:I showed vou the copy that I receiv~d
and it answers in a general way.It is not specificall
itemized what the attorney's fees are for.I may have
a copy of that here that arrived last Saturday,just
before I flew here Monday.It arrived Saturday.You
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were already in Connecticut or here in Washington,
and I don't think I have a copy of that with me,Your
Honor.
THE COURT:At any rate,it is my understanding
I .•that even the letter that you,Mr.Ritter,may have
received,and original of which,of course,your wife
satisfactorily,is that right?
did receive,does not necessarily answer the questions
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factorily.
THE COURT:
No,it doesn't answer them satis-
What about your inquiry as to the
for administration.
father who was the settlor of this trust or testator,
was of the opinion that an agreement,in fact,was
that too,but I don't feel that he's answered that .
And it is your further feeling
made wherein the bank was to charge a fee of,say,2%
from what your husband just related,that your grand-
percentages taken by the bank trustee for administerin~
the trust?Did you have a query as to thatJ
THE COURT:
MRS.RITTER:Yes.I asked Mr.Echement about
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MRS.RITTER:This is my understanding.It is
my mother's understanding and my brother's understand·ng.
THE COURT:As a matter of fact,they have
raised this fee to 5%.
MRS.RITTER:Without saying anything to anyone
of the three of us.
-----"-----------------------~----,
THE COURT:
MRS.RITTER:
THE COURT:
Without any prior consultation.
Without any notification.
And also,to you,Mr.Ritter,were
1 ..,
you consulted about this raise of fee from 2%to 5%?
MR.RITTER:No,sir.I picked it up after looki g
at the second quarter'statement and I looked at the
amount that had been deducted and I sensed that it was
more than the usual quarterly amount.
THE COURT:
MR.RITTER:
it was 5 9<o •
Then upon closer inspection---
I checked into it and I found that
And it has been 2%over all the years.I
have not known or no one discussed it with me and
given me any notice.
THE COURT:In all the other estates which
were set up more or less parallel with this one,there
were actually letters of correspondence indicating thi p
was an agreed rate that was not to be raised.This
was more or less a contra~tual,thing.
MR.RITTER:Yes.' I ,think we have a copy of
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,--that letter here somewhere.
THE COURT:If you have it,I could see it mayb p.
MR.RITTER,:If you will bear with me just a mom ~nt.
Here.i~~thelletter.June 18,1945.Now this,of
course,was two years before Mr.Baker's death.So
this applies specifically to inter vivos trusts which ~e
established at that time for all members of the family,
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the daughter and grandchildren and his wife.
(At the direction of the Court,off-the-record discuss~on
was not recorded by the stenographer).
this letter into the record.The Court is now examini1g•THE COURT:I think what we ought to do is to r~ad
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a letter that was written to Mr.Walter H.Baker,and
evidently Mr.Walter H.Baker is the same Walter H.
Baker who is the deceased in this matter.Mr.Walter,.
H.Baker,Universal-Cyclops Steel Company,Bridgeville,
Pennsylvania,dated June 18,1945.This letter was written
to Mr.Baker by Smith N.Whitworth of the Union National
Bank of Pittsburgh.The letter reads as follows:
"Dear Walter:In connection with
the creation of the trust for Amy Anne Weimer wherein
Mr.Edward L.Stockdale and The Union National Bank of
Pittsburgh are named Trustees,may I advise you that
the fees to be charged by the corporate fiduciary for
its services performed in and about the management
of this trust are suggested to be as follows:
1.Where the investments are made
up largely of family owned securities,the fee of the
corporate fiduciary to be 2%upon the annual gross
income.
2.When and if a sale of family
owned securities is made and funds reinvested in
rl;uo,..c;f;pr!c::"r;pc::rhp rnmnpnC::::I.tion of the cornOlate
trustee to be 3%upon the annual gross income.
Smith N.Whitworth."
As I understand,Mr.Ritter,
4.In the event the beneficiaries
substituted therefore another bank or trust company,
It's signed,"Very truly yours,successors."
you have never received any monies as individual trus ee
for the testamentary trust,is that right?
upon the assumption that there would be no fee for
to the total time the trust might be expected to cont"nne.
The above statements are based
length of time the trust has been in existence comparEd
3.Upon the termination of the tru~t
services performed by the individual trustee or his
stipulated to be apportioned upon the basis of the
at the termination of the trust at the rate above
the fee of this bank as such trustee upon the principal
corporate fiduciary named in the agreement and have
of the trust should ask for the resignation of the
of the corporate trustee to be 2%of the value of the
securities as of the date of the creation of the trust.
and final distribution of principal,compensation
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MR.RITTER:No,sir.
THE COURT:Are you likewise a trustee for any
inter vivos trust?
MR.RITTER:No,sir.As far as my wife's port~on
of the inter vivos trust,those have terminated.
THE COURT:But in any event,it is your under~'
•
standing that historically,up to the present time,
until these fees were specified in the latest proposed
~ccounting,that all fees w~r~'in line with this lette
of June 18,1945.
MR.RITTER:,Yes,sir.All income fees have
been at 2%since the inception.
THE COURT:And it is your understanding and th
understanding of the beneficiaries that there were to
be no changes.This was a final and irrevocable
agreement that the bank was to get these percentages
as indicated.
MR.RITTER:It would appear so;at least there
..
is no ground for them to unilaterally make a change.
I am aware of the problems that have arisen and I am
not personally raising any objec~ion to increasing
the cost.My wife did raise the-question and I think
justifiably so.I think she nor any of the other
beneficiaries,to the best of my knowledge,were given
any notice of this.
THE COURT:At least in any event,it should hav
been a matter of negotiation and discussion.
MR.RITTER:I further feel that since I am co-
.trustee,it should have been at least mentioned to me
that they were contemplating increasing the income fee
That's all Ihaveon that,actually.I don't think this
audit was the time to raise objections on that.Mrs.
Ritter did raise them with the Trust Department.And
as to the income fee,I don't know what Mr.Ech~~~bt
said on that.He thought Mr.Patton had done it last
it possible for you and the bank and soforth,I'm
.(Proceedings Closed)
to engage attorneys and start litigating back and
(At the direction of Mrs.Ritter,off-the-record
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Well now,the next question,when i~
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And present,as -j6u have presented to
wasn't notice.
to the bank and try to work this out in an amicable wa ?
year before he retired,and he didn't know why there
thatyou had here.Do you think that is possible?Let
Is it possible?
speaking to both of you,in the plural,for you to go
me,your reasonable objections as to at least being
consulted and complete lack of notice,evidently,
me say·this:it is much more expensive if you are goin
discussion was not recorded by the stenographer).
forth on this.Then they will have justifiable expense
THE COURT:
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___Stenographer's Certificate
I hereby certify that the proceedings and evidence
are contained fully and accurately in the notes taken by me
on the proceedings of the above cause,and that this copy is
a correct transcript of the same .
Certificate of Hearing Judge
The foregoing record of the proceedings upon the
above cause is hereby approved and directed to be filed.
By the Court,.'
~~~a .lmmons,J.