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HomeMy WebLinkAboutOC1971-1066 - ESTATE OF WHITWORTH·..----J In t1Jt Qtnurt of Qtommon Jlrus of Ifnsqingtnn mountg, Jtnnsglunnin,®rpqnns'Qtourt mitrisinn ESTATE OF No.63-71-1066 Dorothy D.Whitworth,deceased Smith N.Whitworth,CQT In the matter of the_F_i-'-n""-"a..;;;l"--_ Account of The Union National Bank of Pittsburgh.Surviving Trustee ADJUDICATION AND DECREE And now February ,19~,this matter came on for hearing, audit and distribution at this session and testimo taken;and thereupon,upon due consideration thereof the balance for distribution in Ithe hands of the Accountant is determined to be $1,89,396•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 a part hereof,unless exceptions hereto be filed sec.reg.,or an appeal be taken herefrom sec.leg. SCHEDULE OF DISTRIBUTION Balance per account 1 Additional debit asked at audit Additional credit asked at audit Balance,_ Deduct Clerk's Costs &Receipts _ Attorney Ric hard G.Miller,Jr.&John Wiley The Union National Bank of Pittsburgh,Surviv- ing Trustee Under Paragraph 7 (b)of the Will, Trust for Dorothy R.Bazzane,granddaughter,l/~ of 1/2 share residue,inclUding the following assets,held in kind and distributed as such at the value as shown:- 3190.00 3579.69 10429.69 17821.88 1501+2.75 11861.66 11625.00 15047.14 7267.50 7819.69 Ca1iforn- 9281.44 10977.21 Principal cash $163.72 Income cash 1232.20 39 shs,American Telephone &Telegraph Company Capital,Market Value 1628.25 Ledger Value 1945.97 98 shs.Bendix Corp.Common Mkt.Value 3858.75 Ledger Value 2269.31 75 shs.E.I.DuPont DeNemours &Co. Common,Market Value Ledger Value 647 shs.Federal Paper Board Co. Market Value Ledger Value 145 shs.Federal Paper Board Co. 4.6~Cum.Pfd.Market Value Ledger value 150 sha.General Motora Corp.Com. Ma.rket Value Ledger value 285 aha.Lone Star Gas Company Com. Market Value Ledger value 177 shs.Standard Oil Co.of ia Cap,Market Value Ledger value r ,.. ----------------------- 363 shs.Standard Oil Comps.ny New Jersey Capital Market Value Ledger Value ' 520 shs.Texaco,Incorporated Cap. Market Value Ledger Val ue 73 shs.George Washington Hotel Corp.Cap.Market Value Ledger Value $25047.00 28677.00 16347.50 20036.25 730.00 803.00 122234.7 The Union National Bank of Pittsburgh,Survivin Trustee Under Paragraph 7 {b}of the Will, Trust for Smith W.Robertson,grandson,172 of 1/2 share .residue,including the following asse s held in kind and di stributed as such a t the val easshown:~, 24978.00 28598.00 16378.94 20074.78 730.00.803.00 . 12,2346.8 $172.30 1232.19 1628.25 1945.98 3819.37 2246.16 1@568.75, 18059.50' 15019.50 11843.33 3168'.00 3555.00 11625.00 15047.13 7242.00 7792.25 of Cal ifomia 9281.44 10977.21 Princfpal cash Income cash 39 shs.American Telephone and Tele- graph Co.Cap.Market Value ' Ledger value 97 shs.Bendix Corp.Com.Mkt.Value Ledger Value 76 shs.E.I.DuPont De Nemours &Co. Common Market Value Ledger Value 646 shs.Federal Paper Board Co .', Inc.Com.Market Value Ledger Val ue 144 shs.Federal Paper Board Co.4.696 Cum Pfd.Market Value Ledger Value 150 shs.General Motora Corp.Com. Market Value Ledger Value 284 sha.Lone Star Gas Co.Com. Market Value Ledger Value 177 shs.Standard Oil Co. Capital Market Value Ledger Value 362 ahs.Standard Oil Co.New Jersey Capital Market Value Ledger Value 521 shs.Texaco,Inc.Cap.Mkt.Value Ledger Value 73 shs.George Wash.Hotel Corp. Capital Market Value Ledger Value The Union National Bank of Pittsburgh,Surviving Trustee Under Peragraph 7 {cl of the Will,Trust for Dorothy Vance Keller,granddaughter,1/3 of 1/2 share residue,inclUding the following assets,held in kind and dis tributed as suc h at the value as shown:- 111.12 821.47 1127.25 1347.212559.38 1505.16 6953.1311881.25 Principal cash $ Income cash 27 shs.American Telephone &Telegraph Co.Capital Market Value Ledger Value 65 shs.Bendix Corp.Com Mkt.Value Ledger Value 50 sha.E.I.Du Pont De Nemours and Co.Com.Market Value Ledger Value ~---:::-.--------~ (, 0 ~ .....~m :J Z l/I.n ....? 0 0 :r r yo+.i c l1) ~ a 3 0 ,0 0 ............:; ~ l1) ta ., t ~ 0•-t..... := :r .. l1) ta r ~ Ud.~a~ r ( ( r (' r r r ,. r r r r .' _"I r •J ._1, ,. ') 490.00 539.00 / 2090.00 2345.31 7750.00 10031.!~3 4845.00 5213.12 of Californie 6187.63 7318.14 16698.00 19118.00 10908.81 13370.35 431 shs.Federal Paper Board Co.Inc. Com.Market Value $10020.75 Ledger Value 7901.67 95 Shs.Federal Paper Board Co.4.6% Cum.Pfd.Market Value Ledger Value 100 sha.General Motors Corp.Com Market Value Ledger Value 190 shs.Lone Star Gas Co.Com. Market Val ue Ledger Value 118 !h!.Stm dard Oil Co. C~pital Market Value Ledger Value 242 shs.Standard Oil Co.New Jersey C!lpita1 Market Value Ledger Value 347 sha.'~exaco-,Inc.Cap.Mkt.Value Ledger Value 49 sha'.George Wash.Hotel Cap.", Market Value Ledger.Value . The Union National Bank of Pittspurgh,Survivin Trustee under,Paragraph 7 (c)of the Will,Trus for Julia Vance Held,granddaughter,1/3 of 1/2 share residue,including the following assets, held ~in kind and dis tributed as sue hat the value as shown:- 16629.00 19039.00 10908.82 13370.35 490.00 539.00 $108.27 821.47 1085.50 1297.32 2559.38 '1505.16 7092.19 12118.87 10020.75 7901.67 2090.00 2345.31 7750.00 10031.43 4819.50 5185.69 of California 6187.62 7318.14 Principal cash Income cash 26 sh!.American ,Telephone and Tele- grapn Co.Cap.Market Value " Ledger Val ue 65 sqs.Bendix Corp.Com.Mkt.value Ledger Value 51 sha.E.T.DuPont De Nemours &Co. Com.Market Value Ledger Value 431 she.Federal Paper Board Co. Inc.Com.Market V8lue Ledger Value 95 sns.Federal Paper Board Co.4,6~Cum.Pfd.Mkt.Value Ledger Value 100 !hs.General Motor!Corp.Com Market Value Ledger Value 189 shs.Lone Star Gas Co.Com. Market Val ue Ledger Value 118 sha,Standard Oil Co, C!lPa Market Value Ledger Value 241 !ha.Standard Oil Co.New Jersey Caprta1 Market Value Ledger Val ue 347 sha.Texaco,Inc.Cap.Mkt.Va1ue- Ledger Value 49 s~s.George W~sh.Hotel Corp. Cap.Market Value Ledger Value The Union National Bank of Pittsburgh,Surviving Trustee under Paragraph 7 (e)of the Will,Trust for Smith W.Roedel,grandson,1/3 of 1/2 !hare re!idue,includin~the following assets,h~ld(; int1kind and distrlbuted as such at the value as shown:- ~------------------------------------------------------------------------------, (, '.r' (,I , t '"( ~r ~,..r, !",,n ()~.r ''If t ,.~(f ~f·r ~'I~r, r 'r r r r ,( "r r r ~. ,, I I ,I' I I' f .. (.. t r ,,.. -',~" r I'r ,- ,., ",,...,I'•r 'I .\ ,."t ...(r " ,"'.'~~(\r t ,,' r ,,.'.r..r J,r,I ;":I '. •.....,."I r f .' ..I ", ,l)(') [ .,, r ( r .\ ~1 ,1 ~.r";"Z:J ?~i'"[nf'""'"0'J I ",C (1) i a '3i000..........:; (1)....., ~0~..... "'".J ')(1)=J \... ,"r .' ~'-\"~10 )• I S~I::l r ~"~r /'~ I'f ,........t ........',,r '1 r 0 <I '),:r "'1 r r",,.... (. ,.",,, ,,f f" r .,)(.i'r , r " ,")\(... t',r .f .'1 ), r'r .r'",.\,,;r •(\'r " r r ~\ I . • I ~'r ~• I rr,r r "'~f r."J,(f If r fr I' "f-r ".r I'.J ~r I r f•..> r r."r r .'•'J ,.f ....)"" ~...,'II". 'I C .....f4 '", ..7·'. ..... r r r(',,rrI 480.00 528.00 10908.81 13370.35 $-118.09 821.46 1085.50 1297.32 2598.75 1528.31 6953.12 11881.25 Principal cash Income cash 26 sha.American Telephone and Tele- graph Company Capital Mkt.Value Ledger Value 66 sha.Bendix Corp.Com.Mkt.Value Ledger Value 50 shs.E.I.Du Pont De Nemours and Co.Common Market Value Ledger Val ue 431 she.Federal Paper Board Co.Inc. Common Market Value 10020.75 Ledger Value 7901.67 96 sha.Federal Paper Board Co.4.6 % Cumulative Pfd.Market Value 2112.00 Ledger Value 2370.00 100 shs.General Motors Corp.Com. Market Va1ue~7750.00 Ledger Value 10031.43 190 shs.Lone Star Gas Co.Com. Market Value -4845.00 Ledger Value 5213.12 119 aha.Standard Oil Company of California Cap.Market Value 6240.06 Ledger Value 7380.16 241 sha.Standard Oil Co.New Jeraey Capital Market Value 16629.00 Ledger Value 19039.00 347 she.Texaco,Inc.Capital Market Value Ledger Value 48 aha.George Washington Hotel Corp. Capi tal Marke t Value Ledger Val ue 81 80.16 No balance .. ''1C ..)- ("I \><•• .. ," " r ,." .. ,. ,,. '\ "r r ,,",)'r 'r~.."; ..... •~,t ('"r ,..', ",' " ,,\,~; .., r l.•..,--:':,.r·")\') "~f >.·-1"Z:::l ~!r n !=l,~~n .:t-~0.....,0 ,-r,,C (l)r i ar ~3 0 0 0 "...,'I ...,i'..,.. ~"" ."r ~ '0 :I'or '1' ~-+r' ~"l :r(l) ::r',)r !\~r',."..,.J."~r,,'..'\r. ~.' .s,'If .rr'"..,.~,,~(,," S ',fT].f!~r,~i .. ~Il ' ." to:) ~.,J ',)'V .'I "'f:.1(', to:)I,r ..... to:)I',r .'..... 1\r r "r ~,l -).r r, .. );r r • .r( r \r r •$, .' t ..(~r ':J (/.([ ,'., (',.~.J "I '\• ~J.fr.' ,r r r r ,),'''I'-(.(\r )'~ r 'r'~,-!..Y .;.'),..1..lA ' N :r-=t:r '":;;-...j'1 r,.,.-v '""j (/)G")c.:;-:::r::-(''J ., (f)n--,-2:--/'J}CO I~1"r1 r·l..,---:; -I .:tJ ,.-.---..., .-;:)CJ I.....0 c::;;.......... C)"--J:>:2:""... 9 ~:u --- /J r-~-r-e::;.:, :!;l.Co 0 c::> ~ It iJOR~i'I1Y D.WI:lI~O~l'H,of thG Borough or ~t:lt.tJashington,County o~·::Jeshingto.'l and C~1I!oalt.h of ~onnsl1vnnlat do ll'lflke,publish end declare this to-Do 'q Lnst Will mld Tea~i2)nt,hereby revoking enr vills her~totcrro ,endQ by tlS.,I llRS!;I d1reet Yq Exeeutors hare1ns.!'ter na~3d to pay a~l lrrf just, d.ebts e.nd f".J.ru!Inl eXp31U(UJ as soon art!3l"'7;I;f deoease a~convanla.ntly 7AfjY be ,,d:m~. ". '"', I givG to thG :('ollowbg ~ed persons.it living at.the '.tl~or r;:y death,tha a~unt sot o~pos1t~their nattes,to wit:. To'11.1 8b~r-1n-1Q\I,Fu~R}'S.DOk1lr.ll,of ~ashingto:l.?enntr,(lvLU1ia,t.ho ZUt:10r'rJO 'l'EOUSArfD,FIV3 ntmDRED (~.500.OJ)D'J~LAnS: To 1~3~'H:DT...SN D~TAIT..D!l,'Iohe S'i.lJil or 1'0110 TBOOSAND FIV~HmmW ($2,500.00) DOLLArW; To q ohauitou1",!J:'3 JONo.3,if be'00 ~aploled by me at the tbo or w1 \ de:l\t.'1,the 3U!11 of FIVi.HUl'lDaED,(~500.00)lNLU:tS." m:m.R t I ,give and bequ~a t;,h unto ench of t:i1'grtmdohUdren,DOROTHY ,VJl.ilC.i';MaII}lAINit,JULIA Vli..'iCZ HZW,D010TUY R.Bl\ZZ.UiO,S!<u:m 1,.1.RO:a:::RT50Ntmd ;31Um 1r!.ROED£!./i the lilUm.of:FIV'~h1J~1DaCiD ($500.00)OOLLA£{'3.If ,3~Ul'n ~. ,RDW3L tllball not bave :o.ttained the ag~of tventy-ono (21)lears at't~t1~of ~deC'.i£l0,th~gift hf)reiu U\d&to him.shall be paid unto bin mothor,MAR- GA:\eTTA ~.HILDREm,to be oolc1 tOT!him until he attains bill ~jority erA she shall not ~rGClu1r~d to make any r.e-~l ~oa~t1ng thereof..Her recoipt. t!larefarat1Sl1 be a Gutf10ient t.cq,uittsneo unto '1151 ~XQeutors. }i'(ilJ71nh I give and bequeath unto the \MSUIlIG'L'On n03~ITAr.,~:ashington. }lonnsylvanl.o,the SU)tl or rrv;s:.TRot/SAnD ($5,oooDoo)DOLI.A'5tS to be usoe.tor tho }9Jrchaae or suoh hosp1t&l &qui?Qant 33 its Board of DireotQrlS ~1 ~n3id'i)r ad-.. ,~1$able,~d to tho SECOND UNI1"".sn ?!t~mERIAN CtlUxCH,Washington,?e~ylvanlQ., ,tha f2um or ON'~TllOUSAND ($1,000.00)DOLr~Mts to 00 u~od for the ?\ll"oha~e of 5uoh .furnishings or equ1ptiout as i t.s Bo~rd or 'l"ruat.:3~s maT d~f.)m to 00 required. -1 - Exhibit "A" I·<. • '. jowlry,vel1riug tt.p·f1llr~l,.~l1vl)l'\olnra_l~n,ohina end all housanold furnish- '..'. 1:!'lg~,goOd~snd e:..t;.f'Qots at the nppralsed ve.luethert>o!',e.nd I direot',r;sq Execu.tors ~o parXlit the!'!.to .~.$'division ot such 1te~a..:lliO"<11d eny of'fJ.'Y ehilc.lrtm predec.$$Ch1)t:Wf Ui.(#ls5Ue of 4U"(flJch one ()~er~e$iaMll 'be entit19d to t~k(J ifhe shere tht>p.t1r'Jl'lt 'tfould have taken it living.~ud it any Gileh lsliUD 'btt .~d.!lQral!t t.~ti~of'lif7 dellth.~DUrv1ving eh11drcn"Qr tho survivor or thlJ~, ..eh,h~N'Witb authorised to ms.ki)~oleot1cn or \Such items en bFJbalt of 8u~h minor or l!'l1nr)1:'~t t~hold tho :aal!'~,ror 'tbe~\oubject.to lo~s or dam~th'rough U~$,Md are d:1reoted to doliv$r aueh pro~:c't.y to thl,')~\te.a thay ra$);)eotival:r Qttcin th.e ~o.~of:twentY~$(Zl)1tJe.r~w1thQ\1t arJ:f .t\wth~l"aCl)auuting.·T'a.1:s direction ahnll 'b'w mrrlo.:1~bt.d1scl1al"~~or 'Z')1 Sxooutore !ro;l1 tJ:A;f further 11eoi11t)"to (a)I give.dev1ga end b6quac.th unto :try thr~a childron,H}.~A~~:TA I ~.HILD~~m;CiJiW:.H..m WIi lwn:::llTsor;~.lOBlf D.·i4HIT'1'10f('l'H,lil7 props:"t,1'located fI,t 355 East Wheeling ~)t,rG~t,~.$t\;!Nhington,Penn$71van1s,ocnoi~t1ng or lot, dlJlJJllingnnd gara~und ~leo tny hO\l!.'le and lot looatod a.t 4 n~mlook 3treet, E&at Wj\\$M~E;ton,?~nnsl1van1f1t ,to 1»t.holrs ab&olut.ely as jo1ut texumt.s without lt1T···'''f.t·All tb·...~A..·d 4_.:1 4'""ft~_"'''11 ~.);tr.\.pi't f:',~res'l,NS...""-u,,Q an 1"~ma."iU4""er 0 ...:JY.EHJWQIr.:r al~'!oN .div1dedinto t'JO (2)~rta to bt.disl'Osad ot a~follc\1st t~v1ts .P'.l~£lOSe of "tt'l.king ed~neei:l)o.r tho reduction in.tha &n'Qurlt oS Fadonl 2si'.tlte Tttx ~lable Qn Wtf e$ts.tl,.'by the o.ll"""w.noe of the ~ital dG~uotion,()n~~rt Dhall '00 used t,.<;>oetc.:bli..h.a tuw1 to bo know ~8 'l'l\I1Sr t'lAf!vhich s!U111 coc.:lS.ist \0 ,t1"y deeth,ciir;."i.init'hed't.V t.ha ve:.lu~or any othoX'property-and inteI"el!ts in pro-I pert.=,,wh:tehqu$lif.',£01:'Raid ~rlto.l decih.lction whioh pass or hava ~(91)d £roa ''n';e toO li.j'hu&lba~d otll~r than unde~toM ~r~V'1~1~s of tbia ';Jill.and \7hloh e~ '".tn~ludibl0 'in ,1i!.y gt"OSI3'estate for Federu.1EsUl,te 'Xa::p'Jr~aos.The 'l't'U~to~9 I, i " I " her~lna!'tor namGd elmlt hold this fund aa L\s"pantG tru,t "tor thfj ball-Gtit or ,.my hUBbi!tnd~sHIm 11..~}UTifO:R!R~and ahall paT the S!t."1U$1 :net inoo~~~nri.eing ta'l.lrefror.'i unto h.1m in,querte:.ly'~,1",l.~ta dux'1ng hios li!'fJtl~o.I.u e.ddition 'I '"4110£th~pt'1n:ol~1 or'ih~na,!d trust. (0)'f![/$n.id huabnnd l'l1'1t\11 have th~unn~tr1ctad right.to d1spoxo of s , tho princl~l of thi$t;oust ..aatat.0 "01 his;LsLlSt will and Te'1~tAmQnt in such pro-I portlo:u~'and in euoh Dm,rlIlur ~s h~'SJJJ'1!diroot.but.in the event h~f'aila to .'o%.:~ro1sa saier 'powQ'r or s,i?901nbent.,say assets remaining in thitll TW.ml'Vj\t.l 8,~ his d'ii:nth ,ahe.l1 'be added to and bscc_t&part or TPJ1Sl'ItB~hOl'reinafter provided I ", I I I , e~tablicih l\:eu:u1 to be know n~'l'!\UST fl}jt!tor the pG1rSOllS,U,5eJO and purpou, hcro1nsrt~r 3tON ~rt10'l.tltr.r.ll »t tort..~,to vit..; '(s)~\on0-third (1/,)p.'}rt of !mid Ti:msr ,l'lB"shall 'be smt apart and hold by the Tru.<;lteo3 h~relMttar n..~~d in truzt for »Y ilton,JOnN D.WHl'f..JO:t!'l!, and ~snnu.al Mt inoo~~a'mhQ'll ba ;mid to him in qU(\l.t"\.0rly pa1=~~ents du:ring hl~lit'!l'ti;;'JaJ in 'tho event h~tb.ould.bGc:o>:\~1nefJpIlo1tAt.ed through ~acrioW)nnd :'.prolonged c'us.abl1ng illncGu,tho 1nOOL~ht:n:ein'prov1d~d for 'him r..ay 00 i!lx~nd~d. by ::i;,'l'r:.wt'9$13 in ~~ant.ot expanses incu.rred by'l1uoh 11lnos3. Upon the death ot 'Jn1 13aid son los,v!ng issuo to survive h1l'3,hi:!said shaN shall continue ,to be held in t.ru!'Jt.'by the sa.id TruBtofllS,but lShatl be -3- 2l ." eo:r;torl'o.."'1d 'lielfara;itl llddition tlwrato,th~Tru:st~(i~are S1uthol'1~od to usa end $X1JOnd suoh OJ,\\Olmts of prio.oipal e.,in ~"-Gil"di5~rot1on 1::81 troy&.tblG to ' tu',e 'be:dGQ'~ld to b,~"equired tor the abovo p-.l:'pofJrJD,Dil!!tr1wtion of tho ~)1~iD()ipv.l S1"JlN of,ouoh i~mlo $hall bo xr;nde unto th4I:Jt U onoh O~attaiuG tho age or t\(el1t1~(2.1)li!lJl~8. 3h0111d :&1 a&id so:}die vhilo any Portion of tM prinoi?Lti..ot'hh troat, ai3tatore'l\ain3 ~ist.rlb'.,rted to hL"'t wit.hout leaving 15$\1&to ~urv1vt)him,the thon principal of hit's 's.bnr,o Qr.nll 00 dlvidQd into wo oqunl shar;)5,ono of wh1c!1 $M.ll be add~toe-un Oa(lO'lO fa ~l"t of tho 'tru13t ostaten h~N:1nstt0r oroated !~ tha throe ohildren or 'r!!'f d.eughttrr,l!ARGAlU'lT!tl.RI1Dft~'m.M.d the other equal . pt\rt Qr his said ghs,t'9 $hall ba Gddod to tt.nd betlome a pnrt of tho tru,t estates hf)reinntter oreated tor the tva cblldrG:l ot ~dClughter.O;':WLDJ 1i.RO$:tT;;ON~ and the iceo!~~hal1 be~1d stld the prinoi~l distributed 8S thorem provld4d•. (b)A OW~-1IiLrm (1/)'f:'AJil1 or ea,1d 'flU1::?'!"!Ilrf shall ba "divided.into tllQ (2)equal ;sba~5J O!1e or \Jbiob.shall bQ h~ld tor ID1 £"l~&agbU;t~"lNr'\OnrI' j,nco~troe o!tob 'cf their 5hSt'"es rshall b$p5iid unto thl!)m in <i.uartorly ~T~aI1ts tor tha durat1t'}n or tho1.r li'!tes.In addition to ~inOO!:l~).JSynalnt.a above i'r0- viC0<3,the !'4"u~toI35 s,roa'l1thorhed in th/f,li.r d,1GcNt.ion to usc !'rom t12Z0 to ti~,' ,. .n~ee3es.rl or de~i~blo to)."tbi)ir eOOlfort,.lS'J!1nwnaneo and ~ne.re.l volfare.~:ld ,' tho .1'ruata'Sl3 :3hall,not .'~held eoeountablu for errors in judgment itteonn.e~ti~ vith uuab cxpand1turee. Utxm tho d~tb of (1ach or r';-:y s.aid graadohildren,th'3 ~ha:r&of tho oaM 'l'~ms1'toB'"horGtoforo held tor hi~Qt"he~sh.!all '00 distributed unto his or hor 1$ou6 living :'it.the t.ilt<e of hie or b~:r denton,it O-n:y theN '00,~r $t1r~e. 'Should.f)it~~r or ar1 uald WnndohUdron die vith()tlt lOBving b~u.o to tsurvi:ro hi~'oX"her,t.hfJ shnre or euch 040 so ~1ng ;hnll be cddod to and beaooo ,~~.rt of thE;trua't,held 'for th0 mu-v-ivor of th9m a...--d tM lnoo:tS paid end tho ~~ineip-31 distributod.as 'a pnrt thereat".,, -4- • , (a)Th~'reM1n.ing OHZ-'rl!Ii~D (1/3)!)J;p.:r of :;aid tl'~t1:)t "8"6~11 00 zet ~sldo Oond di'lide.Q j,n'to t.l:t:Nra (3)equ&lsharc~,0r1:~of'vhioh !ihnl.l ~h!ld,tor ~rgr8;ndMughtGl"~Pi)R~)TH!VANCE !{eI1'J11IU~Ollr~tlqun.l ehare fo:-rtf granddaughter, "JU::'Ii~~nRC~B~~!'])~~,l1d one equal $hnrl,)for:".q grnJid8o~,SHU'll W.ROZi);:i:L.ane the, ,'jnCo.i~£~1t ,tb~:sha:r&of ,~~Qh ono ,:shall :00 ,aid unto hb'or hor-in qU-'l"terl.1 ,;.;'intl~B.l1ti-eo,t~during thl~.durs.tiou or their 11.v~s• •~,\f .,J •• "Th~shere l)/;lroLt'1t.Oov{i pr·t>vided ro~roW grnnddaught0r,1)ORYrBY V'A~C;:; p.!eII;VA:m~~~halt1neludo t:T bou..~G llind lot ~i~ted ~rt.395 North T,iade .4ven~et wa~hiugtQn,J'<.Jl1l1~:rl it:.ani.fI1. As ,oaoh ot ';IV'gr,$::ldohildrett OOOOfLOtJ .(!so'2~~ed tmd''thl)':o b'3 1%3~UIJ of hi~or n0rs living At thQl tiz\;.r1 of hie O~her death,t..~~ar<:J of DUe.."'-O~0': one9 eo d3'mg eM.ll 00 dln,tributed Ul1to b1.$or Mr 13$\,11)in 'cq\U11 ShlU"Ct!p3r ,$hQ~tld mJ7 or 'J't.W't.hr~~e,vandohlld,reti a.bon nm:tod dio vithout lot:l.ving' 16:1uQ liVing ~t the.l tiIlie or hi~O~he:r doath,t.he shero or 3\1oh.ooo oronen ~o : dl1ng ohQll bt"~l:,dded to ~nd ~oma n part or the cMrs of the trust abovo pro-: '!I11ded for the'survi"ir..g ~iGt.er~or,13i~tar and/or'~brotJ19r,as the 'oaa0 rmy,1::o, , " undo!"tM.$Will,q Tru,t~l:lfu"e t).ut~hotb0d and e~pO"oilattilld to U20 so much of 'thG prinai",m,of the ~l1ar~of G.rq or tho btm~flo1ar'i~H'$takl.."'lg'\WdGl"to\)£'oro- ,I lQ~f.OO illnlIlG~or ~caiden't,.~nd tai)'!ru::"tAl'S,s a-re.dirsotGc..to ~i-;;e 8.l.ib~~l h"1t~!'pr':)t~)tlon to tho req;trlreoo13t.a tor ~'l,loh tlx~nd1tu..~~ine£.'Uch as t~~C1~I-:;- r .tort and welr~ro,of tM I3f'.dd oonefioita:t"ie:!fAre or i{1-0l:\tel'h.;~rt8.neo t.O J:\S ,thm t,b.~iainte1Wno~of tho intaot vnluo o!th~.tl"U,1J'tt ~nd.the ~toO:5 shall -5- , t !UJIlHJ.The ohare or the llloOoM of any :a1nor ooneri~inry tak1nt;h~re­ tmder r-hGtll b-J'fJeid uo.to tbo ltLothor or such minQr.durin.gf~:morit1 nnd nhnll btl " ,'Uiil'iX.t for ~uon ona t"1j"~intentuJ.oo,su~po.rt,edu.oa't,i~~a.nd vel!'~ro and vitllout any i', .;turtbilr Ctccou.uting thvrof'·::>r. ':. • I !o':t!i·:,o!prop:!l:l:'ty whs.tS00'l10't'"-..hloh r.3i~ht be hold to bo tRmblo.n9 n pert of ,!y~ osteta,ohall ~paid by ':.Fi1'Ex~cutor:'J or by t;rj 1'ru5teo~f"'rO::l tha p:-ina1;,:G1 ot -1'1'UJ;."l""B!1,50 thnt ani and all ool:l.efiois..ria.$under the provl(Jions or this Will ..shall Noaivo thair~quest,life 6state,re~il:d~r or ;?t"ovfsion without any ELEVENTH:It is my will-and intention that neither TRWST nn~hereby created nor the income therefrom shall in any manner be liablO to the con,r~l ,, or answerable for the debt~,contracts,or engagements of any of tilS b~n~- ficiaries h~ereunder nor jubject to any'charge •§nG..'\l~t):ene~,ass1gn.:s.:li:lt,eonval- ancy or anticipation b~tJb.l3Jn-or ~V o!t~r.~. ~xerclsed tls>:&::Gautor~,or as TrueteeG if found to 00 neoel!~ar.r or ad",:,in~blEll: Ii- -6- ,. .'- .' ...... I . ~Ul~O\1t lUll liAbUlty tor d~p:rtiolnti<.m ill thFJ valuo 'l;,har!S;oi',6:::ld in .their discretion ti)s~11 01"Otb~f~vi80 dispo:lJao!nll or any ot tha ::S$mil),or-tl.:l1 \I .o:!"~.doeG :~nd uJ),n such t&rw.a 8nd condition$t as tool shsll deem propi'r.In .efUH~o:r rolf $Al@ Ot'o·t.!wr disf):)sition"or Qt'1y liquidnt.ioo.c.r c:ay froourIt.lQ 5 or ' p::-qPt'l~·t.1 at tJ.ny ti'J\~hilld h~rai.mdGr',th~1'ru:.'\tee~shall l't'OI<t .ti!oo w thl~ in'iYoS$'t:.$Iud r~inv~Bt the l;lI"OCaedo .m liuoh OOZ:i~l~'Ol'l r;toeks as th...J1.illhell deer::.to.00 f;~tbl.fectc1'Y ·!n'J\estitent.8,and thf)l Elhall not 00 eont':1MdI101're2tt'io~d to $uch invGst'.;.:,Qnts·2~h!tvf.ti ooel~t.;ne.~lo,,~tor ticluaiar.iell undal"tha It\l1l'$of t.he a01'l!tt~ealth of c'ennsylvan:fll.. cpply to tM t~o 1~;;;:G or proportl '.1hich have ooen dovisedrmd 'ooquoathQd'in' ?'sragz"tlph Fifth -(~)of thi·s Will ·to ~'1 t..'tree ~hlldron,but ahall only 00..'... , ·i"eonoylvtln.la,.\ihi~h com~riS(tis £i pt?rt,of thf.\.t.por·tlon of.''1'r~lJs'r ~IBlJ Pl"~J~c.od i"or : ," oth~:w12e dia3posad of b'1 iJJ.l 'rru.stc:os ahall 00 under any responsibility 01:'lia- billt]'to sae to the cppl.1cs.tion.Qr 'ztny 1nCO'CO Of'pr2t;101;Xil distributed by . tho~to any '~rson entitled to r,GQ~iva the e~m$uodGr tho ~~ovisiona or thi5 ;, .. t ' • i,' .." ,,',andr.;~ko lotH~Ul7!l thet~()t to Buoh t~rulntsto"t'S't1'.'h ~'l'iod a~d u.J'..>!l Ziloh ~m3 e.lS $..;/rr.u:.~-a$in 'M~~1i·,di,$;::..~ticn 1:'R.l'j d"t\~i:.l1_11e It ~tn(!flO le~s~1 't'j ~;.y !'rUz te.:D.:3 £01: "R t!;)r~~oftS-vo lGnr:ff 'ot"less ~h.f.lll 00 'wrt,mated by Na.~Qn ,it th~to.":;..ilv.lt1on :1,' ":o~,th~trust.btl..fOl"e thG ~:t~ira.tion of tho t$r.-rrl.or t.he lease~b'.lt,in,s;Ji~of t~:3:r shall ·h..'1Vll POW'll:"tot a::r.:r ti~1)to s~11,eo.",,~',0n~t'Mln~rer any or ~l re~l ,I est-at.'/)mld other pro~xn..ty whioh th~y lPEI hold as TruJ.teel3~eonV'~ing "o.d trGnD-~ feri"'i.ng th~1}one by,'d~od O~ot:t,1er 1tlGtru'Zl>~t1t in mitinII 1:1 ~UC~l .fc~and vith .~~eh 'oovm:mnts ae r.rfT.Tr-.:.s'tiaes J'.'Ay deara oo~t,wit.hout th!.j oonaont of any cO'..trt ttna,'iJithotrt i~abilit:r on th~;tart.or $s.tf'/pUrcihs~~)1·'to,sao to the np)lioatlon t'-~:r th.e 00 hold by thO/_ll CMIJ 5tat't of tl~9 t.ru';tlt under th~;.rQ..,it3~onG ho-reof,and ~.. to 'Mlkl';$,c.onsont.to ot"oppoSO oth{ijr c4ju..st~m'1t:s of fJ.nd ch~g~~i3 in th~etl?i~l ; -8- .~.. ----------------------------------- ," .',' funds o~·p~!);.l{)r'ty,con~tituti."lg thu tI"\'l.Z1t,'proi~rtlJ thaI '!.DAy exercise tJIl,,!and t'.ll rig.~t.o,of '~.l~criIltionwith.T~Speot to f:1IJ.1 stocklt,bOudn or othor s'!)our1tleo inaludad1n tha ~ru~t. (4)The Trustees in,t\lakiniC any c:iistriwt.ion of i:>r1neipal,of the trust 'furid r::ay ~!:ak~fl41d diotribution in !:Soney or'in kind or partl:r in 'lOOney end 'j$.fV""in kind.•J ~" I ' ,appoiL.t.n 5UCCOiJSor OOTl-'O:rs.te tr\l~teo and,upon his donth,a.mjo1"1ty of tha ,oon~ricis.r1\1}fi in'inwr9st T.vho aro sui juri$2 ab411 WlVG the right to t.ek~ !1i!.liilaT e.et1o~and,u;?on thl:;d~livcry to tho corporate fiduoim,"l named,heretn l!-UeCi~S80:'c,:;,rporQt.~truttita,th~CorpQl~eta ~r~teG herein ~ed 6Wl fUe ita ,t'!occ';ut\t in tho iJ':-phMSf'C"urt of ~;a.shiogton Countiy.Pf.lnn~ylv&Uia.a::ld ui;,on the'3U(.1lCestJol'"tr.u.ste~so n:acad;6uoh sueoc!$got·col"jI()r~tetl'U:'ltee shell 00 a. ... ,,' -9 - .....~ .1 •.. .-,l •" .; ..; t I., , .1, I:. ". .'...- ''',', :'-. •'to" ,'~\~... .. I ..,',I. I 'j' I ' ..;'.:ttt tn'V,q~3B ~m~;:n.E()f,It:I}:)Ri)'TI!Y D.~m!l'-:'Ort;i'Y~,h~l\'fe to this 'Efj'I.ti~~'~Will: ,', , , 1.. ..· .;,:-,lh,D.'1962.".;',1 ",____D..oiio:iR_0D!~X_D:;o.&._'_:I!!....I_~...~JO_R._(TH__._.._••,S~M~) I ',1 l.',I"." .J } )'.b::\~rynrr Do.'?r1Ui,":"J()R!:-1p (!S ft~d rot"h~r :;J!~t H.ill a~dTef~ta;,"C-$nt.,in the 9:'o13~.'Isat) !'.1 ..·or U~JJl whogftt.hor ~u0at)itl hmr ?reetl:.'l.a~~nd ·Son th~r~rll~UOil)'of.o-~ilb o~h~~J : ·.~'.1 ".''.'; I',' -....Paae6.~~._,._ • 1 "I I \na8~!ll"'rf'l...j·~a"I--.....------ .~~7W~~~r&;"'I ----- ldl!!'!"es$:~&fE'J'!C:'!:!f."I~~~~60.",,:-A(tplb'li~ego.~--.>or;........... :".'. ~;:'..~.. '0. J,'", ,"I ...it·,"r"' I, ,I " ..'~".:.:.'.. :~" ,, ~. " "I HiRERY CERTIFY THAT THE F0REflilmn IS A ,TRUE AND'CORREstCOpy OF »ECEDL o'~•Wft~:z '!$'.I ' 4 ~.••••••••••• • • • • •••••,•••r..iATTORNEY01.!OOO,UNTAN~ ,~,.- .:. """,. •"0"'••...10 ... ~. ..;' j' LAST WILL AND TESTAMENT I,SMITH N.WHITWORTH,of the Borough of East Washington,County of ~ 1I, Washington,and Commonwealth of Pennsylvania,do make this my Last Will and Testament,hereby revoking all Wills heretofore made by me. FIRST:I direct that the expenses of my last illness and burial be paid out of my estate. such taxes at such time or times and in such manner as my Executor may this my Will,be paid out of the principal of my residuary estate,without apportionment or right of reimbursement;and I direct that my Executor pay whether or not the property to which such taxes are attributable passes under I direct that all inheritance,estate,and other taxes , I III .imposed as a result of my death,together with interest and penalties thereon,1 ! I I, ! I \I!I.deem advisable. SECOND:I give and bequeath all of my automobiles to my son, JOHN D.WHITWORTH,if he survives me. I give and bequeath all the rest of my tangible personal belongings,including my jewelry,.books,paintings and musical instruments, to my children,MARGARETTA W.HILDRETH,CAROLYN W.ROBERTSON and JOHN D.WHITWORTH,in equal shares. THIRD:I give and bequeath the sum of Two Hundred ($200.00) Dollars each to the following grandchildren of mine:MRS.OOROTHY D. KELLER,MRS.JULIA V.HELD,SMITH W.ROEDEL,MRS.OOROTHY ROBERTSON BAZZANO,SMITH W.ROBERTSON,and my niece,MRS. CAROLINE G.CLAWSON,of Vandergrift,Pennsylvania. LUCKETT,if in my employ at the time of my de~th. Dollars each to LEE A.JONES,ELIZABETHLAHOSXY and BLANCHE Exhibit "B" FOURTH: IIIgiveandbequeaththesumofOneHundredFifty($150.00) ! i I I II!I I IiIi I I .I I give and bequeath the sum of Five Thousand ($5,000.00)II. \ FIFTH: llars to WASHINGTON HOSPITAL,to be used by the Directors as they eem for the best interest of the Childrent s Section of the Hospital. SIXTH:I give and bequeath the sum of Five Thousand ($5,000.00) llars to WASHINGTON and JEFFERSON COLLEGE,which amount shall be I dded to the General Endowment Fund to be used as the Trustees of the College! , ayapprove. SEVENTH:It is my intention that this,my Will,shall not operate sohal,I give,devise and bequeath in equal shares to the following:MRS. EIGHTH: " s an exercise of the power of appointment conferred upon me by paragraph i(b)of Article Sixth of the Will of my deceased wife,DOROTHY D.WHITWORT~, idatedFebruary1,1962.I.! I I All the residue of my property and estate,real and per- I, Ii DOROTHY D.KELLER,MRS.JULIA V.HELD,SMITH W.ROEDEL,MRS. OOROTHY ROBERTSON BAZZANO,SMITH W.ROBERTSON,and my son,. JOHN D.WHITWORTH. share or shares of the surviving beneficiaries hereinbefore named in Para- tribution,then the share of such deceased beneficiary shall be added to the In the event,however,that any of said beneficiaries has ! •Idiedandtherearenoissueofsuchdeceasedbeneficiarylivingtoreceivedis-I !I III graph EIGHTH hereof for the issue thereof,per stirpes. . ! No provision is made for my two daughters other than at I' jI\Paragraph SECOND hereof as other funds are available to them from other sources. NINTH:In addition to the powers conferred by law,the fiduciaries hereunder shall have the following discretionary powers which they may exercise without application to any court: - 2 - I . ..,----.---_.---- .;:. ..i '::r..... (a).To retain investments and property received,including stock in The Union National Bank of Pittsburgh,and to invest and reinvest funds in any property,real or personal,without being restricted to those Inve~tments which are authorized for fiduciaries by the laws of Pennsylvania , or any other state. (b)To sell,pledge,mortgage or exchange any property, real or personal,and to grant options for renewal or purchase. (c)To lease property,real or personal,for terms ex- ceeding five years. (d)To compromise and settle differences and claims arising in the administration of my estate,to institute or to defend legal proceedings,and to pay the expenses thereof out of my estate,including legal fees. (e)To make distribution of property in kind and to divide, partition and allot property and determine the value thereof. TENTH:I appoint THE UNION NATIONAL BANK OF PITTS- BURGH,of Pittsburgh,Pennsylvania,Guardian of the estates of all minor beneficiaries to whom property passes upon my death and with respect to which I am authorized to appoint a Guardian and have not otherwise specifi- cally done so,with authority to apply income and/or principal to the main- tenance and education of such minor and to capitalize all income not so applied ELEVENTH:I appoint THE UNION NATIONAL BANK OF PITTS- BURGH,of Pittsburgh,Pennsylvania,Executor of this my Last Will and Testament. No fiduciary hereunder shall be required to post bond or enter security in any iurisdiction. - 3 - ,' ......---------------------------------------- ... Signed,sealed,published and declared by the above named Testator, as and for his Last Will and Testament,in the presence of us,who,at his request,in his presence,.and in the presence of each other,have hereunto subscribed our names as witnesses. Address I'~•pJt Address HE F0B,1WOING IS A I BiREBY CERTIFY TBAT:F ~~fiENT'S VI TRUE AND C~./j;L.. •~TORNEY FOR AoCoiiNTiNT ··•" - 4 - ",-"'1' IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DIVISION NO. ~,/ / I /0 ~te / " ) i'. ~~._-r:..~(1i,....t:pr tif p.'lr~p I !fu "ur:f:J !flat !rl(lr.;r;,:i:.::n l,~•./.}lilN.:?to c.!i NJ .•~t(."!I'··~.·fl(:A~}f {I.r.::itJ!:}0/the l!Jltf:in (1C!(;[I."lt {f1'he .',:rUI,cr .,1,,- bu t!;;:(/oy 8(t:f'lie wid Ru'!e of Court,G.e 1:'.';..need by pI,jf::-:; t.1I';:"t;;f flied to /'0.to3-7/-g3.5 iUN eBB '''ifl I.~ri 'n 1 .r.r:,,:I S I !"i"d-9::tk "a"lVJ":,n",,,o:r N!!ln/laIlCl !t•.l.OJ.l:vl(l.ea ./,-u ,. f}j..:::;:.lJlJ):fbJl%J::!/))......197./..... -$487:,470.0"2 --..I I I~:J>il1 :::0 BALANCE DUE ESTATE OF DOROTHY D.WHITWORTH,DECEASED! FIRST AND FINAL ACCOUNT OF THE UNION NATIONAL BANK OF PITTSBURGH SURVIVIID TRUSTEE UNDER THE WILL (PER PARAGRAPH .SIXTH) FOR SMITH N.WHITWORTH TRIJST NO.6838 FiledL _ Fee $>_ John F.'Wiley,:Esq.and Richard G. iller,Jr.,:Esq. 417 Washington Trust Building Washington,Pennsylvania 15301 ............ ~ ~ U"'- "- "0 ~ '" I;~ ,.,.. <"""1 ·.1 '\ ~f'();)(J-.... rolUrJ 1.404 J PENNSYLVANIA ........ IN THE COURT OF COMMON PLEAS "OF WASHINGTON COUNTY, ORPHANS'COURT DIVISION ~~NO. ESTATE OF DOROTHY D.WHITWORTH,DECEASED FIRST AND FINAL ACCOUNT OF THE UNION NATIONAL BANK OF PITTSBURGH SURVIVING TRUSTEE UNDER THE WILL (PER PARAGRAPH SIXTH) FOR SMITH N.WHITWORTH TRUST NO.6838 S U·M MAR Y SCHEDULE A PRINCIPAL -PERSONALTY'".'1'--'.." '7HI . October 21,1971 . (Date of death of Smith N.Whitworth June 21,1971) , ,..'B:eceipts D'isbursements .,'0 ,,'","~,.r Pages 3.-5 Page 6 BALANCE 494,699 82 8,147 40 486,552 42 SCHEDULE B INCOME -PERSONALTY Receipts Disbursements Pages r -8 Pages 9 -10 BALANCE NET BALANCE 6,273 17 5,355 57 917 60 LJ37,470 02 t, o .....f .:~'.':;\1 The Balance Consists of the Following:- Principal -Personalty Stocks American Telephone and Telegraph Company 157 shares Capital 7,833 80 Bendix Corporation 391 shares Common \ I 9,054 10 E.I.duPont deNemours and Company 302 shares Common Federal Paper Board Company,Incorporated 2,586 shares Common! Federal Paper Board Company,Incorporated 575 shares 4.6%Cumulative Preferred 71,762 75 47,410 00 14,195 31 ESTATE OF DOROTHY D.WHITWORTH ,DECEASED==i==;===S=tO=C=k=S=(=co=n=t=i=nu=e=d=)=:==========================;!=========F=:;;=====--r-=r=~-,.,-. ! 60,188 ~56 :; II ;! I I 'i 'II I !I34,653 I 56 i:I I :,I IiI,I I:I I'i 43,970 i86 11 I :!, I 114,4711°0 i' I i, . I '80,222 !08 \1 il I,3,212 00 Ii,! !i I Ii j !I 11 I I 4,348 I 37 :;,1!~---"----1I~i I::I :I 491,322j 39 II !! I Ii-I 4_,7_6_9-:-:_9_7 I',I•486,552 I 42 I,i I'; I!IIi917!60 II i Income -Personalty West Penn Power Company 43 shares 4 1/2%Preferred General MOtors Corporation 600 shares Common George Washington Hotel Corporation 292 shares Capital Texaco,Incorporated 2,082 shares Capital Standard Oil Company -New Jersey 1,449 shares Capital Lone Star Gas Company 1,263 shares Common Standard Oil Company of California 709 shares Capital Cash on hand Less amount due Accountant for Administrative Expenses - 2 - WHITWORTH.DECEASEDESTATEOFDOROTHYD. General Motors Corporation 563 shares Common E.I.duPont deNemours and Company 302 shares Common III II, I I I I .J ! I I II II II, I I I I I 1"I 'IIi II I I 9,054 10 I.I 71,762 7511 I, 47,410 00 II,Ii!I :l4,195!31 ' :I 57,14i.i 50 II 3,212 00 ! I SCHEDULE A PERSONALTY RECEIPTS PRINCIPAL George Washington Hotel Corporation 292 shares Capital Federal Paper Board Company,Incorporated 1,724 shares Common Federal Paper Board Company,Incorporated 575 shares 4.6%Preferred Stocks Bendix Corporation (formerly Bendix- Aviation Corporation) 391 shares Common Awarded by Decree of Distribution dated May 4,1967 at No.56 of 1967 by the Orphans' Court of Washington County,Pennsylvania Smith N.Whitworth and The Union National Bank of Pittsburgh,Executors of the Estate of Dorothy D. Whitworth,Deceased Jones and Laughlin Steel Corporation 106 shares Common 7,492 87 I I I ~~~~~~~~~~~~~-~3~-~~~~~~~~~~_i ~~ Lone Star Gas Company 1,263 shares Common Standard Oil Company of California 709 shares Capital Standard Oil Company -New Jersey 1,449 shares Capital Texaco,Incorporated 1,041 shares Capital West Penn Power Compally 43 shares 4 1/2%Preferred Cash 34,653 '56\ . I .46,169,41 i I 114,4711 00 80,22J 08 I 4,3481 37 5991 54 ; I I IIIII !I ' 490,735 \49 : , ESTATE OF DOROTHY D.WHITWORTH,DECEASED Additional Asset Purchase of Assets Distribution of share of 1965 Fiduciary Income Tax Refupd from Dorothy D.Whitworth Estate American Telephone and Telegraph Company Capital 6/3/68 57 shares at 49 1/2 and 100 shares at 49 3/8 157 shares 7,833.80 I I I I " II I I DiDO, ! I I II I II I 1 II I 2,666 88i II III, 11 :1II II"IiI'II:1II 'IiiI'II ! I I I II II!\Ii 'I o 00 0.00 0.00 37 shares General Motors Corporation Common 8/23/67 4 shares at 83 1/4 339.00 1/11/68 33 shares at 81 1/2 2,705.06 3,044.06 10,877.86 10,877.86 ! I IAmericanTelephoneandTelegraphCompany 5/1/70 157 Rights allocated value 6/24/71 157 Rights allocated value Cash disbursed for purchase of the above assets Stock Rights Received 1 9 6 7 Nov.20 Standard Oil Company -New Jersey 3/2/70 1,449 Rights allocated value o 00 o,00 Gain on Sale of Stock Rights American Telephone and Telegraph Company Proceeds sale 4/16/70 157 Rights 7/7/71 157 Rights Allocated value 88.52 36.11 124.63 0.00 124 63 - 4 - Ii II: .ft•• ESTATE OF DOROTHY D.WHITWORTH,DECEASED Gain on Sale of Stock Rights (continued) Standard Oil Company ~New Jersey Proceeds sale 3/2/70 1,449 Rights Allocated value 506.28 0.00 IT Stock Splits and Stock Dividend .II IIII 630 911! Gain on Sale of Fractional Share Received as a Stock Dividend Standard Oil Company of California Received as a Stock Dividend 5/16/69 5%on 709 shares held 35.45 shares Federal Paper Board Company,Incorporated Received as a Stock Split. 1/22/68 3 for 2 on 1,724 shares held 862 shares Texaco,Incorporated Received as a Stock Split 8/25/69 2 for 1 on 1,041 shares held 1,041 share~ 0 00 0 °°1 I, III II 0 00 I I I ! 01 ioq i II j I I ! i I I ! !II 51 08 II 32.99 27.91 8,154.33 7,492.87 Net proceeds sale -106 shares Jones and Laughlin Steel Corporation .Common Stock 100 at 77 1/2 and 6 at 77 1/4 Carrying value Proceeds sale -0.45 share Standard Oil Company ~New Jersey Common Stock Carrying value Gain on Sale of Asset 1 96 8 May 28 1 9 6 9 May 23 I 66l!4t~I--r II 494,6991 84 II II I 1 9 6 7 Jul.26 1 9 6 9 Apr.15 1 971 Oct.21 ESTATE OF DOROTHY D.WHITWORTH,DECEASED DIS B UR S E MEN T S Administrative Expenses Stock Transfer Tax on various securities Internal Revenue Service 1968 Fiduciary Income Tax· John F.Wiley,Esquire and Richard G.Miller,Jr , Esquire Attorneys'fee The Union National Bank of Pittsburgh Accountant's compensation Ii, iI ! I iI I 75 1 20 .i I I 40 44 I II :II 1,000!00 I I I 4,500 00 ! I I I II 1 r- !,, I: 1 9 6 8 June 4 Miscellaneous Funds transferred to Residuary Trusts to adjust the Marital Deduction Trust in accordance with the final settlement of the Federal Estate Tax Return Distribution 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 9/30/63 Proceeds sale 6/19/69 0.45 share Standard Oil Company of California Common Stock Stock 8/8/69 35 shares Standard Oil Company of California Common - 6 - I I I II I 32 99 2,170 64 !I 5,615 !641 I ·1 :I I ! 328 1 131 II !II II i , 2,203 63 I 8,147\40,, :;;,-I I IiI I I! I I I 1I Ii II I 306 8JI ! Ii 1781 63 ,, 485 4Q I fI , I Ii I, j --II II i 48 38 102 05 I 156 40 1 - 7 - RECEIPTS Bendix Corporation Common 391 shares 7/1/71 American Telephone and Telegraph Company Capital 157 shares 7/1/71 'West Penn Power Company 4 1/2%Preferred 43 shares 7/15/71 Refund of Income Beneficiary's proportionate share of 1971 Washington County Personal Propert; Tax paid 5/3/71 Miscellaneous Dividends -Stocks Income received and accrued from June 18,1971 (date of last Quarterly Statement)to June 21,197 (date of death of Smith N.Whitworth) ·~".... '"..:"'I. ESTATE OF DOROTHY D.'WHITWORTH,DECEASED II i SCHEDULE B III INCOME -PERSONALTY II III I : $29,171.60 being amount awarded by Decree of I I , I I I IDistributiondatedMay4,1967 at No.56 of 1967 I'IIbytheOrphans'Court of 'Washington County,, I II IPennsylvania,$2,203.63 being Distribution from I I Principal of Stock Dividend Shares ("in kind"or I I I I the proceeds sale thereof)deemed to be Income 1 I(see page 6)and all Income received and I II IDisbursementsmadefromMay4,1967 (date of "II I Decree of Distribution)to June 18,1971(date of ·1 II IlastQuarterlyStatement)have been accounted for IbyQuarterlyStatementsirenderedSmithN.Whi twortr ,III Income Beneficiary I ! I II I , I "~'I x ESTATE OF DOROTHY DI WHITWORTH,DECEASED Income received subsequent to accruals to June 21,1971 102 0511 I Dividends ~Stocks American Telephone and Telegraph Company Capital .157 shares 10/1/71 I 40 II I Bendix Corporation Common I 391 shares 9/30/71 156 I I E,I,duPont deNemours and Company Common I, 302 shares 9/13/71 377 50 I, I Federal Paper Board Company,Incorporated Common III 2,586 shares 7/16/71 -10/18/71 1,293 00 III Federal PaperBoard Company,Incorporated i 14,6%Cumulative Preferred I! 575 shares 9/16/71 165 31 I I I General Motors Corporation Common 00 I600shares9/10/71 510 I . I Lone Star Gas Company Common I I I I 1,263 shares 9/8/71 429 42 I Standard Oil Company of California Capital I I 709 shares 9/10/71 496i 30 I Standard Oil Company -New Jersey Capital I1,449 shares 9/13/71 1,376 55 Texaco,Incorporated Capital 2,082 shares 9/10/71 832 80 West Penn Power Company 4 1/2%Preferred I43shares10/15/71 48 38 II I 5,787 71 I I 6,273 17 1 I I !I I I I: I, I I I I I . jl i I - 8 -,II I I II ESTATE OF DOROTHY D.WHITWORTH,DECEASED ,;"i I I !I IDISBURS E MEN T S I I i !I I 'I I Disbursements made from Income received and I ! I accrued to june 21)1971 (date of death of ISmithN.'Whitworth Administrative Expenses I Pro-rata share 1971 Personal Property Tax IAlleghenyCounty15919 1 971 June 21 The Union National Bank of Pittsburgh I Accountant's compensation 11 51 II I17070! I! Distribution Payments in accordance Yith Paragraph Sixth (a) ,of the Will I I I I iI The Union National Bank of Pittsburgh,1 I Executor of the Estate of Smith N.Whitworth,,II I !Deceased I IAccruedNetIncometo6/21/71 I 314 761 I I I II I II4851 46;! I II Disbursements made from Income received subsequent I to accruals to June 21,1971 IAdministrativeExpenses Pro-rata share II 1971 Personal Property Taxes I Allegheny County 178.63 I Washington COUfity 178.63 I I I35726I I ' I 1 9 7 1 I I I Oct.21 The Union National Bank of Pittsburgh I I IAccountant's compensation 217 i 02 i :, I574'2~I I I iI ,I I: I.I II I I I I I II I - 9 - : ,,/I I ESTATE OF DOROTHY D.WHITWORTH,DECEASED I I j Distribution IPaymentsinaccordancewithParagraphISeventh(b)of the Will II The Union National Bank of Pittsburgh SurViving Trustee Under the Will for Dorothy B.Bazzano (Trust No.6288)IPayment1/4 share Net Income I9/21/71 1,073 96 I I!The Union National Bank of Pittsburgh Surviving Trustee Under the Will for . Smith W.Robertson (Trust No.6289) Payment 1/4 share Net Income I 9/21/71 t 1,073 96 Payments in accordance with Paragraph Seventh (c)of the Will iII !The Union National Bank of Pittsburgh 1I SurViVing Trustee Under the Will for ; I Dorothy Vance McIlvaine,now Keller (Trust No.6290) Payment 1/6 share Net Income 9/21/71 715 97 The Union National Bank of Pittsburgh ISurVivingTrusteeUndertheWillforI Julia Vance Held (Trust No.6291) Payment 1/6 share Net Income 9/21/71 715 97 I ,,, The Union Nat~onal Bank of Pittsburgh , SurViving Trustee Under the Will for Smi th W.Roedel (Trust No.6292) IPayment1/6 share Net Income . 9/21/71 715 97 II 4,295 83 i I I 5,355 57 1 • Ii , I I I.! I; I III ! I I I I , I I -10 -I ,I II I I.I ; COMMONWEALTH OF PENNSYLVANIA .:55: COUNTY OF ALLEGHENY J.DONALD PATTON,Senior Vice President of THE UNION NATIONAL BANK OF PITTSBURGH,the above named Accountant being duly sworn according to law deposes and says that 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. ~~Qr&;ni~e President Sworn and subscribed before me this 'J:~4 day Of__....;..~;;;....::;;.......;;_,;-.;;.,1971. REQUEST FOR DISTRIBUTION Notary Public CLAIR A.NEWTON,NOTARY PUBLIC PIITSBURGH,ALLEGHENY COUNTY MY COMMISSION EXPIRES fEB.21,J.97? Accountant requests that distribution be determined by the Court in Ilcc.:ordance wi th the Petition for Distribution to be offered in evidence at the nudit of this account. THE UNION NATIONAL BANK OF'PITTSBURGH N.B.-Cou!lsel shall,by separate paper.present a,concise statement of each claim,with supporting calculation of any interest claimed. Objections to an account as filed.shall be concisely stated in a separate paper.Counsel suggesting proper distribution shall file a separate concise statement in that regard. il I: I J I 1:lin tQf ®rpQuus'mour!tif mus~ingtnn <lrnunty !IInthematter of the Audit of Account in .Ii . Dorothy D.Whitworth 1066'.71Estateof,.............................................................................NO 19 A.A. ii...............................--.:' !I TO THE AUDITING JUDGE:I ', :, Enter !I ~.~~appearanee for ~~.c;.9.~.D.t.9.-.D.t... .......................1 :.. "!j it........................q .. II'·..·..·····..····..·11··..···..·····..········..···..·. " II·······················-li··--························-_-. 11 :::::::::::::::::::::],1::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~'''''''''''':::::::.:'':::::::::::::'':C!I'::::''::''/CliPi)'::::":::::'::::'::':'::":71'::::::::::":::::::::::::::::::::: .11 '.. Ii /I I ~ 1 '1 .~~..(\Ar.~;.. I '~·.~V II Ii ..L.Y.~.day Of...~19..'..~. 'I 'I II " il Ii f'"1 fi t-\"'"f-!I;"'"I 1i-:.~l\....~;",..'t.~lIi .. 1066 .71No:........•....................................................•19 ,A.A. 972 FEB IG AI1 10 03 In re Audit of Account in Estate of // RUSSELL Mi~R1NO REGISTER OF WILLS' WA.sH INCrON CO..PA. Dorothy D.Whitworth ..--_--_--------__-__--__-_.__... AU DIT 'rartipr for Appearance FOR Accountant........--- ---..----_---------.._-.. JOHN F.WILEY,ESQ. RICHARD G~MILLER,JR.,ESQ.............______--__----_-.-.----__-_. Attor.ney ~2 ."..'.\ ... Form for Guardian or Trustee Jttition ~ur J\ullit 3Jn wqr (@rpqans 9 Q!nnrt nf lIuBqingtnn <lInnnty' Estate of........p.9.;r.9..~.~.Y.:...P.~...:w.p.J:t.~g.r.:t.h"....p..~9..~~§..E?fl... ~E~~"~...Y.~~.~E ...~.?-!..~.g!,.~P..~...~.~.~.~..g.f....~h~...~~~~. For.S.mitb N Wbi.t:w.Qr.th . minor-incompetent-life tenant Filed at No lQ.Q.Q of 19~..7.1 Fiduciary......t.g~y.gJ.:.9.p.fi!.~:!1.~.9.p..~l...~.~....g.£..r.J~.~.!?1?urgh Surviving Trustee pi~~~..~f"~~·~~;·d·....·6ffic·e·..of..·the..·Register..·of..·wI11 of of appointment.....Wasltin.g:t.oJl...C.o..u.n.ty:,...;e;eIm5>y:lv.ania Will Date of~..February 1,1962orguardIanshIp . If there have been former accounts filed in this estate,list:No.56,of 1967 (Estate of Dorothy D.Whitworth) Death of Smith N.Whitworth,Co-Trustee and Income Beneficiary Reason for filing this accou'nt..Qn J.:un.e 21~19.7l .. All persons having any interest,vested or contingent (including claimants),in the fund now before the Court, with the nature of their interests are:. 1/2 of 1/2 share residue 1/2 of 1/2 share residue granddaughter grandson The Union'Nati onal Bank of P'ittsburgh,Surviving Trustee Under the Will'Trusts .for Children of Carolyn W.Robertson: Dorothy R.Bazzano Sm1~h W.Robertson Children of Margaretta W.Hildreth Dorothy Vance McIlvaine (now Keller)granddaughter 1/3 of 1/2 share residue Julia Vance Held g,~granddaughter l/}of 1/2 share residue Smith W.Roedel .grandson 1/3 of 1/2 share residue 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: Under P~ragraph 'Sixth (b)of .the Will of Dorothy D.Whitworth,dated February 1,1962 Smith N.Whitworth,husband of the decedent was given power of appointment of the disposition qf the assets of·this Trust.A copy of the Will is attached hereto and marked Exhibit "A".Smith N.Whitworth died June 21,1971 having first made a Will dated September 10,1965 in which paragraph Seventh of his Will~he relinquished said power of appointment. A copy of th~Will of Smith N.Whitworth is attached hereto and marked Exhibit "B"•. Therefore,t4is Trust is distributable under the provisions under Paragraph Sixth (b)of the Will of porothy D.'Whitworth which provides as follows:, ."In event.he fails to exercise said power of appointment,any assets rem~ining in this Trust A at his death shall be added to and become a part of Trust B hereinafter provided and the income paid and the principal dist,ributed as a part thereof."••• Paragraph Seventh (a)of the Will of Dorothy D.Whitworth,Deceased provides for the disposition bf one-third (1/3)part of the residuary trust for the benefit of John D. Whitworth;'son.The said John D.·Whitworth died November 5,1966 survived by no issue, having predeceased his father,Smith N.Whitworth.Paragraph Seventh (a)further provides that upon the death of the son,John D.Whitworth without issue,his distribution,one-third (1/3)share,.'should be divided into two (2)equal shares,one of which should be added to ~d becOIp.e a '!part of the trust e!3tates .created for the three (3)children of Margaretta W. Hildreth,da~ghter,'and the other equal share should be added to'and become a part of the trust estates created for the two (2)children of Carolyn W.Robertson,daughter. Balance for distribution per account,Principal $4??f?1.???..1.4.?.. Additional debits not shown in account: (Indicate whether income or principal) See Additional Receipts and Disbursem~nts -Exhibit "C" Income $.9l7.6.0 .. Principal :.Personalty Income -Personalty 0.00 4,167.47 Total additional debits Additional credits not shown in account: (Indicate whether income or principal) See Additional Receipts and Disbursements -Exhibit8"C" $....4~19.7..~.47................................... Principal -Personalty Income -Personalty Balance for distribution 2,084.59 126.28 Total additional credits Principal $!.J.B.4.".4.9.7.".eJ .. Income $.4".9..?.~.,.7.9.... Total $.4a9.~.J.9.9..,.9.;L .. $..3.t?P.=.~?................................ 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 "G" The Accountant is authorized to make distribution "in money or in kind or part~y in money and partly in kind"in accordance with Paragr.aph Twelfth,subparagraph (4) of the Will.A proposed Schedule of Distribution is attached hereto and marked Exhibit "D". "-. ".. _~__~,_.~_.~_.__~_~·__..·_c ~.__•."_~.'---__~_ 17'" IN THE COURT OF COMmN PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DIVISION NO.1066 OF 1971 ESTATE OF DOROTHY D.WHITWORTH,DECEASED ADDITIONAL RECEIPTS AND DISBURSEMENTS TO THE FIRST AND FINAL ACCOUNT OF THE UNION NATIONAL BANK OF PITTSBURGH SURVIVING TRUSTEE UNDER THE WILL (PER PARAGRAPH SmH) FOR SMITH N.-WHITWORTH TRUST NO.6838 December M.t 1971--_._--~.-._0'___'__••-----r SUMMARY I SCHEDULE A IPRINCIPAL-PERSONALTY Receipts Page 3 494,699 82 Disbursements Page 3 10,231 99 BALANCE 484,467 83 SCHEDULE B INCOME PERSONALTY ,- Receipts Page 4 10,440 64 Disbursements Page 4 5,511 85 1BALANCE 4,928 79 NET BALANCE 489,396 62 The Balance Consists of the Following: Principal -Personalty Stocks American Telephone and Telegraph Company 157 shares Capital 7,833 80 I Bendix Corpor~tionI ,I 391 shares Common 9,054 10 I I I I E.r.du Pont de Nemours and Company 302 shares Common 71,762 75 Federal Paper Board Company,Incorporated I 2,586 shares Common 47,410 00 I!Federal Paper Board Company,Incorporated iI575shares4.6%Cumulative Preferred 14,195 31I I, !.I,, Exhibit "C" ESTATE OF DOROTHY D.WHITWORTH,DECEASED stocks (continued) General MOtors Corporation 600 shares Common 60,188 56 Lone star Gas Company 1,138 shares Common 31,223 87 Standard Oil Company of California 709 shares Capital·43,970 86 Standard Oil Company -New Jersey 1,449 shares Capital 114,471 00 Texaco,Incorporated 2,082 shares Capital 80,222 08 IGeorgeWashingtonHotelCorporationI 292 shares Capital 3,212 00 I 331483,544 I Cash on hand 923 50 484,467 83 Income -Personalty Cash on hand 4,928 79 489,396 62 I I I I , -2- ESTATE OF DOROTHY D.WHITWORTH,DECEASED SCHEDULE A PRINCIPAL -PERSONALTY RECEIPTS Receipts in accordance with the First and Final Account filed 494,699 82 DISBURSEMENTS Disbursements in accordance with the First and Final Account filed 8,147 40 Administrative Expense 1 9 7 1 Nov.3 Richard G.Miller,Jr. Reimbursement cost ~f :filing First and Final Account 25 00 I Loss on Sale of Assets II 1 9 7 1 Dec.9 Net proceeds sale -43 shares West Penn Power Company 4 1/2,%Preferred Stock 40 shares at 61 and 3 shares at 60 5/8 2,567.46 Carrying value 4.348.37 I1,780 91 Dec.10 Net proceeds sale -125 shares Lone Star Gas Company Common Stock I100sharesat253/4 and 25 shares at 25 5/8 3,151.01 1I Carrying value 3.429.69 i I 278 68 I I 2,059 59 10,231 99 -3- ......~. .,,,,,.....--.. I ",I ESTATE OF DOROTHY D.WHITWORTH,DECEASED SCHEDULE B INCOME -PERSONALTY RECEIPTS Receipts in accordance with the First and Final b.7Accountfiled6,273 Dividends -Stocks E.1.du Pont de Nemours and Company Common 302 shares 12/14/71 377 50 General Motors Corporation Common 600 shares 12/10/71 510 00 Lone.Star Gas compah Common .. 1,263 shares 12{6 71 429 42 Standard Oil co~~of california Capital 709 shares 12 10 71 496 30 Standard Oil Company -New Jersey capital 1,449 shares 12/10/71 1,521 45 Texaco,Incorporated Capital 2,082 shares 12/10/71 832 80 4,167 47 10,440 64 DISBURSEMENTS I Disbursements in accordance with the First and Final Account filed 5,355 57 Administrative Expense 1 9 7 1 Dec.14 The Union National Bank of Pittsburgh Accountant's compensation 156 28 5,511 85 .. -4- 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: To:The Union National Bank of Pittsburgh,Surviving Trustee Under Paragraph 7 (b)of the Will,. Trust for Dorothy R.Bazzano,granddaughter 1/2 of 1/2 share residue Stocks in accordance with Proposed Schedule of Distribution attached hereto and marked Exhibit "D'" Principal Cash Income Cash .120,838.80 226.20 121,065000 1,232.20 122,297.20 TO:The Union National Bank of Pittsburgh,Surviving Trustee Under Paragraph 7 (b)of the Will, Trust'for Smith W.Robertson,grandson,1/2 of 1/2 share residue Stocks in accordance with Proposed Sqhedule of Distribution attached hereto and marked Exhibit ":D" Principal Cash Income Cash 120,91;2.34 234.84 121,177018 1,232.19 122,409.37' TO:The Union National Bank of Pittsburgh,Surviving Trustee Under Paragraph 7 (c)of'the Will, ~rust for Dorothy Vance Keller,granddaugher,1/3 of 1/2 share .residue Stock~in accordanqe with Proposed Schedule of Distribution attached:hereto and marked Exhibit "D" Principal Cash Income Cash '80,570~64 "152.77 80,723.41 821,47 81,544.88 TO:The Union National Bank of Pittsburgh,Surviving Trustee Under Paragraph 7 (c)of the Will,. Trust for Julia Vance Held,granddaughter,1/3 of 1/2 share residue Stocks in accordance with Proposed Schedule of "Distribution.., attached hereto and marked Exhibit "D" P'rincipal Cash Income Cash 80,651.94 149.96 80,801.90 821.47 81,623.37 80,540.61 ·159.73 80,700.34 821.46 81,521.80 489,396.62 t{tOfrS>~ Ltlr~~ Total~ss Income Cash The Union National Bank of Pittsburgh,Surviving Trustee Under lP.'aragraph 7 (c)of the Will,Trust for Smith W.Roedel,1/3 of 1/2 share residue Stocks in accordance with Proposed Schedule of Distribution attached hereto and marked Exhibit liD" Principal Cash TO: Allegheny COUNTYOF~ COMMONWEALTH OF PENNSYLVANIA, The above named Fiduciary or representative thereof, being duly ~~9.~doth depose and say that the facts set fo~h in the foregoing petition are true to the best of E:?:~knowledge and belief. .s.llor.n to and subscribed before me -t:/!.This ..l.:J.day of P~.9.~mQ~;r.19i1f7J. Signature of Officer ~~.I!..~7L~::~:~i!;;:k .. And your petitioner will ever pray,etc. The Union 'National Bank of F'ittsburgh,..Si:irVImg..·Trus't,·e·e ·..· · · ·..·.. ···_·~y.········~~Gl!iirent·······..···················· •••••:•••••_l.•••••••••••••••••••••••••••••••• Title of Officer !)J.~j~..A•..t4~•..~"tMY..P.UIlLlb . PITTSBURGH,A'I,EGHENY COUNTY Office expires ~~.~~.~.~~.~~.~~~..~~~~.~~..~~~:.~~:..~~!.~. l I II',I ,- ,.ESTATE OF Dorothy:p.WhitwJrth..........................::~.-:. 'rtitinn ~ur:~ll~,t IN THE _::.~ .' I· ''':'':'.. " :-: ";,i l ,.. .. ~ " ,; ";- r; '"".':.r:; I,' 03MIlO,(r :D' "'''''I f':l~,JL_:' .~ J .;. ...i :,' --:j J'I.---~,••,I !-:<.....: ~~.~ ..~ .,_·r •"...J_~t;;'i~f('c::,1 iI'~I '.~...,R~.'l ,J L.:....~.F1"~r,I J~0R.EG.(STEtt~OF Wlt-lS WAE'rn N@1~0NCO :',':P'A"'~:'~':I. ...i.<c ,-:=1:: '7.?fEB '-- r.liO~"~r'I I,t.,.. c ·NO !.:?§§~f 196:.7.;;\;;:' FORM USED FOR GU:MillIAN,-INCOMPETENTS -OR'TRUSTEES·!.:'. FOR.~~.~?~.:~.~~.~.~.~9.::.~.. ORPI-IANS~:~CO:URT .:,"~,I::':'". OF WASHINGTON ~G:OUNTY (' .tJ,~',~ .......................................................................................................:. ~ -. .''- .t.' -, ;----.., r ~,l .),-,!.... ~ 0\': ';:.........-., "-..,,.~ .•. ~.-, ~rj J \"P '~J ~ .+ -.minor-incompetent-life tenant (,"f·:'1".. ": Counsel for the accountant shall submit herewith the following,if pert~nel,'lt: t .~:~; The Union Nati6nal:Bahk of:Pit4sburgh,•••••••••••••••••••••••••••••••••••••••.••••••••••••••••••••••••••••••••l.'t ?!•••••••••••••••~•••••••< ) r ,,". :...: "~ ." I:"'-.I.. , -j Surviving Trustee \. i,.:::: '.:"1 _::"..-- I.' 4;\1 -t· i~.,r\' .~} 1 ;: " '.' kind-'" approving I, I .I I Will or trust instrument-attested. Inventory.".. Signed elections of items tOt blOl taken in if distribution account.-.. Stipulation or certificate by ~minor account.~! Praecipe for those representee{.. Brief-for any question of la'f i~ised. 1. 2. 3. ~ 4. 5. 6. L{ ,/. i".,.. .:~:"\ (., " ~~;;r..1. -:J )} ......:!9.~p.r...~~.:!:-..J.:~y.l ;g;.\'?9.9-J+.q~·:.. RiGhard G.Miller~o~~~·,for accountant. 417 Washington Trust'BUildingW?spipg~on,Pa.15301 .._ .. ':~~"{.'::". -~,>-;:"-...:'.. ""~.~: ~ ) IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNi • ORPHANS'COURT DNISION IN.RE: Estate of BOROTHY D.WHITWORTH, Deceased. ( ) ( ) ( ) ( No.1066 of 1971 HEARING ON AUDIT BEFORE:THE Honorable P.VINCENT MARINO,Judge of the said Court. APPEARANCES:JOHN F.WILEY and RICHARD G.MILLER,Jr., Esquires,of Washington,Pa.,representing the Accountant.. TIME:Tuesday,December 14,1971,at 10:00 A.M.,EST THE COURT:Number 1066 of 1971,the estate of Dorothy D.Whitworth,deceased.The Unional Bank of Pittsburgh is the surviving trustee for Smith N.Whitworth and the attorneys are John F.Wiley and Richard G.Miller,Jr.Mr.Miller? the NIH.MILLER:If lit pleasa/Court,there are no complicatior s in this estate.This account is filed because the death of Smith Whit Worth, who,under the Will of Dorothy Whitworth had a power of appointmen and he did not exercise his power of appointment under her Will on certain provisions for distribution of the assets,if he did not exerci e proper appointment,which he didn't do.There are no complications 2 THE COURT:Is there anyone els e in Court interested in this decedentI s es tate? -,(NO RESPONSE). THE COURT:The audit of this account is ordered closed b the Court. (A UDIT CLOSED)~z~~>-l/lZ ZtilDo Z~oz :z:l/l~ ..=ua:I-l/l Q .J<l:Q Q ;:)., x~w viII:IIIl-II: 2 I hereby certify that the proceedings and evidenceIIIII: I-g are contained fully and accurately in the notes taken by me on the hear ing u .Jnof the above cause,and that this opy is a correct transcript of the same. ii:II.o ....,. The foregoing record of the proceedings upon the hearing of the above cause is hereby approved and directed to be filed. I.... :;"1"'" I ~:> Ii ••- ,!,"I "'.:~,':'..:,~... .".;'...,:. ~~..-e , fI THE UNION NATIONAL BANK 0'PITTSBURGH lo.,..ber 24,1971 Hn.Doroth7 R.B••uno SUDlet Illdp Bortolt,CoDAlotlout In rei I.tate of Doroth7 D.Whitworth,DaclaMd Dear Dorotb71 With thu letter then 1.beiDa .Int a copt ot the Fir.t and rinal Aocount of thl Truat lltablilhld under thl Will ot JOUI'poandmthlr Wh1tvorth tor thl benefit ot JOur crancstather W10h trUlt 010114 on Junl 21,1971 the dati of hi.death.'fbi.aoeount va.fUId;to be .al1d1ted at the DIoeJibir 1'11'11 ot the Court ot COlaOn P1...Of Vamtnaton County,P'eDnqlftDia,Orphan.'Court Di'f1lion anel vU1 be audltld OIl DeceItbe!'14,1971..Thl audit v11l be held betore ludp ~.. Then vU1 be .l4dltlOJW.Reoelptl andi"1tlnJrMMDt.Schedull tUed with thl Audit Plti1;ica and that ltatlMnt vU1 ntllot all iDOOM after this account,a.well al ntleot thl IIlI at leouritil.to OOftrthe balanci due the bank a.SurdY1Dg Trutli tor addUtrati..upe.l.Wiob lOu vUltind on Pap two in the DOunt ot $4,769.97. Undlr the tenu ot 7O'l2r Qrarldmther Whitworth'I VU1 thl a...t.vU1 be diltributed one-llalt to lach t&llilJ..tor the Robertaon ta1l7 thi.JODe-halt vU1 bl Undid into tvo pat.tor tilt BUdnth tail.7 it v1U bl 41"f141ld into threl part..lour part v1ll be added to thl tnat alrIadJ latab11sbld under Jour srand- mthlr'.Will tor 7OUI'benefit.lolloviDl thil audit thin v1ll be a Dacne ot Di.tribution andtb1.Deeree v111 ret1ect the IDCt MOuritil.and cam that v1ll 10 t.o the principal ot "lOur pNHDt trult and UJ7 iDeo_cam would go to the inoo.. ot JOur pre.lnt trust IDd v111 be added to thl inOOM prllIDtlJ be1q I&I'Dld and d1ltributld. Will you pl.,,1 aoknovlldgl noeipt ot thu notiol ot thl tUina ot the account and thl tblc:ot au41t bT .1p1n,the ooW at thi.letter that i.1I1010..d and "turn it 111 the .It-addrl.1Id enftlope that i.encloald. VI7!1 trul7 JOur., A~1J9,wic~~, j lDP/lc 16838 001 John.,.WUIf,Eaq. Richard O.M1l111",Jr.Esq. Mr••Carol1D Robe:rtaoDMr..Marlarltta Blldrlth COpy J.Donald Patton Senior V101 Pre.ic1lnt ,4-"", ,1', "~I .' f .. .. .... ...'",~';-~..~.(-..-"""",.~..'r'_, -~".!.> -",-.::,;;:~ r' -:J r-(,:.,.'tc-<;I . .\ -~"~I.-."..".,....., .., .. ,.'+' .' ",-" '-.:' .. • -,,., r ---..-~-~.,----.~~~~.------.---------_--.c=-_-~--=-"'.,,~'."•ESTATE OF DOROTHY D.WHI1WORTH,DECEASED ~ .," PROPOSED SCHEDULE OF DISTRIBUTION BASED ON MEAN MARKET VALUE OF SEcuRITIES AS OF NOVEMBER 29,1971 JC;;:.~.~-~..~-'._.--_.....~.~..;..~-~JTrustfor~Trust for ~ 8mi:~,W•.~~~tson Dorothy Vance Keller ~ulia Vance Held )Smith W.Roedel I :{,/Mean ---~.-.z-----...-Mark~t L~d~'1 Market Ledger Market Ledger Market Ledger Market Ledger Harket Ledger Value Value Value Value Value Value Value Value Value Value Value Value 1/2 of 1/2 share 1/2 of 1/2 share J./3 of J./2 share J./3 of 1/2 share J./3 Qf 1/2 share Shs.Stocks Shs.Shs.Shs.Shs.Shs. 157 American Telephone and /, ~elegraph Company "Capital 6,554.75 7,833.80 39 1,628.25 1,945.97 39 1,628.25 1,945.98 27 1,127.25 1,347.21 26 1,085.50 1,297.32 "26 1,085.50 1,297•.32 391 Bendix Corporation 'I ;16615,395.63 i 98 3,858.75 2,269.311 3,819.37 .2,246.161165 1,505.1611 65Common9,054.10:97 2,559.38 2,559.38 1,505.16 2,598.75 1,528.31 302 E.I.du Pont de Nemours ! and Company 41,996.88 71,762.75:10,429.69 17,821.88 76 10,568.75 8 II 6,953.13Common751,059.50!I 50 11,881.25 51 7,092.19 12,118.87 50 6,953.12 11,881.25 2,586 Federal 'Paper Board Co.,I iIncorporatedII7,901.67 ICommon60,124.50 47,410.00 647 15,042.75 11,861.66 646 15,019.50 11,843.33 i431 10,020.75 7,901.67 431 10,020.75 431 10,020.75 7,901.67 575 Federal Paper Board Co.I95 , !i 4.6%Cumulative Pfd.12,650.00 14,195.31 145 3,190.00 3,579.69 1.44 3,168.00 3,555.00 2,090.00 2,345.31 95 2,090.00 2,345.'31 96 2,112.00 2,370.00 600 General MOtors Corporation 1100Common46,500.00 60,188.56:150 11,625.00 15,047.14 150 11,625.00 15,047.13 7,750.00 10,031.43 100 7,750.00 10,031.43 100 7,750.00 10,031.43 1,138 Lone Star Gas Company i Common 29,019.00 31,223.87:285 7,267.50 7,819.69 284 7,242.00 7,792.25 !190 4,845.00 5,213.12 189 4,819.50 5,185.69 190 4,845.00 5,213-12 El 709 Standard Oil Company of ! California II +:l•.-1Capitl:\,!37,178.19 43,970.86 :177 9,281.44 10,977.21 177 9,281.44 10,977.2111118 6,187.63 7,318.14 ·118 6,187.62 7,318.14 119 6,240.06 7,380.16 ,..a 1,449 Standard Oil Company -I I •.-1, 28,677.001 I ~New Jersey ICapital99,981.00 114,471.00i 363 25,047.00 362 24,978.00 28,598.00 1242 16,698.00 19,118.001 241 16,629.00 19,039.00 241 16,629.00 19,039.00 2,082 Texaco,Incorporated I b47Capital65,452;88 80,222.08 520 16,347.50 20,036.251 521 16,378.94 20,074.78 10,908.81 13,370.35 347 10,908.82.13,370.35 347 10,908.81 13,370.35 292 George Washington Hotel Corporation Capital 2,920.00 3,212.00i 73 730.00 803.00 73 730.00 803.00 49 490.00 539.001 49 490.00 539.00 48 480.00 528.00 417,772.83 483,544.331 104,447.88 120,838.80 104,439.25 120,942.34 69,629.95 80,570.64 69,632.76 80,651.94 69,622.99 80,540.61 Principal Cash 923.50 923.50 1 226.20 226.20 234·84 234.84 152.77 152.77 149.96 149.96 159.73 159.73 418,696.33 484,467.83:104,674.08 121,065.00 104,674.09 121,177.18 69,782.72 80,723.41 69,782.72 80,801.90I 69,782.72 80,700.34 Income Cash 4.928.79 4,928.79!1,232.20 1,232.20/1.232.19 1.232.19 821.47 821.47 821.47 821.47 821.4,6 821·46 423,625.12 489,396.62 105,906.28 122,297.20.105,906.28 122,409.37(70,604.19 81,544.88i 70,604.19 81,623.37 .70,604.18 81,521.80 'j 1II,,i ,.q j f\I ,;I ". ~---i..U ...-n--..I f',.)--...,..,-""","" l"T1 , l-;::l r11 =t'),.-..~.~ ~f... " IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ',1'(t.,-- DOROTHY WHITWORTH,DECEASED FOR SMITH ROBERTSON :_1.._J C....1 -::( L.(;0- ~.-........(./:l ~<:::r.:.-~!(:J-c:.:.)--;:-...U~-::;~P ,~.-::~..~,.,.,.....Z,.....01:_0 (:;.'.)--:-! ('..J 0:::tD,-'0 'I.l-J t ~>~•..\..- ~";.'~if)~~.. 0:::(.;)5':..---'"CL t•.J-.1 e..,,"":,\.:..:)~00::---~.~- ~_L-_~Ci"'3::,,--"'-:::::0"'\ ORPHANS'COURT DIVISION NO.63-71-1066 RECEIPT AND RELEASE PAGES WITH STATEMENTS "CODE " TRUST UNDER THE LAST WILL AND TESTAMENT DATED FEBRUARY 1,1962 FILED ON BEHALF OF NATIONAL CITY BANK OF PENNSYLVA}ITASUCCESSOR TO INTEGRA TRUST COMPANY, NATIONAL ASSOCIATION, INTEGRA NATIONAL BANK BANK/PITTSBURGH,AND THE UNION NATIONAL BANK OF PITTSBURGH,EXECUTOR COUNSEL OF RECORD 1.LYNN DEHAYEN,ESQUIRE 1.LYNNDEHAYEN GOLDFARB,POSNER,BECK, DEHAYEN AND DREWITZ 26 SOUTH MAIN STRE~T WASHINGTON,PA 15301 (724)225-5270 () IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA IN RE:DOROTHY WHITWORTH,DECEASED: FOR SMITH ROBERTSON ACCT #PO-0490-00-6 No.63-71-1066 RECEIPT,RELEASE,INDEMNIFICATION AND REFUNDING BOND National City Bank ofPennsylvania,Trustee under the Will ofDorothy D.Whitworth dated February 1,1962 for Dorothy R.Bazzano hereby acknowledge having received and reviewed a copy ofthe Will ofDorothy D.Whitworth.In addition,We hereby acknowledge having examined the Statement prepared by National City Bank ofPennsylvania Successor to Integra Trust Company,National Association, Integra National BanklPittsburgh,and The Union National Bank ofPittsburgh,Trustee under the Will of Dorothy D.Whitworth dated February 1,1962 (hereinafter referred to as "National City Bank"),attached hereto and made a part hereofas Exhibit"A",detailing the principal receipts and disbursements and the income receipts and disbursements and are satisfied that the Statement represents a true and accurate representation ofthe activity occurring in the Dorothy Whitworth,Deceased for Smith W.Robertson Trust Account during the period beginning September 30,1998 and ending on the date last set forth below.We ratify and confirm the completeness and accuracy ofthe Statement,waive our right to receive Statements from the inception ofthe Trust,and accept the distribution hereunder,together with all previous distributions set forth in said Statement,in full satisfaction ofany and all rights,interest and claims which we may have therein.We hereby acknowledge receipt ofthe following: ADVANCED DISTRIBUTION National City Bank ofPennsylvania, Trustee under the Will ofDorothy D.Whitworth, Deceased for Dorothy R.Bazzano 1,200 Shares American Home Products Corporation,Common 100 Shares Atlantic Richfield Company, Common 800 Shares Exxon Corporation,Common 600 Shares General Electric Company, Common 1,050 Shares H J Heinz Company, Common 100 Shares Procter &Gamble Company, .Common 8,100 Units Armada Bond Fund 1,313.178 Units Armada Equity Growth Fund 4,000 Units Federated US Government Securities Fund 1 - 3 Years 400 Units Fidelity Advisor Equity Growth Class I 600 Units H T Insight Equity Fund 300 Units Heartland Value Fund $50,000 United States ofAmerica Treasury Notes 6%Dated 08/15/97 Due 08/15/2000 $25,000 United States ofAmerica Treasury Notes 5.625%Dated 12/31/97 Due 12/31/2002 Cash Account Value $8,187.00 7,326.75 3,950.00 11,295.00 6,252.57 7,704.00 81,419.00 21,384.00 40,740.00 12,940.00 8,022.00 8,121.00 49,944.50 24,935.50 26,071.45 $318292 77 PRINCIPAL -PERSONALTY Cash .Less: Clerk ofOrphans'Court of Allegheny County,Pennsylvania Cost ofFiling Receipt & Release Pages National City Bank ofPennsylvania Deferred Fee INCOME -PERSONALTY $9,321.31 23.00 9,298.31 $0.00 Cash 0.00 $000 In consideration ofNational City Bank's willingness to make the distribution hereunder without first securing the benefit ofa formal court audit,we agree to be bound hereby and to bind our heirs,personal representatives and assigns,to: A.Release National City Bank,its successors and assigns,from any and all liability which it may have by reason ofits administration ofsaid Trust through the date below,including but not limited to any liability for federal,state or local income taxes,all estate taxes,inheritance taxes,transfer taxes and other taxes ofa similar nature,and any interest or penalties related thereto which may be assessed against us or our estate; B.Release National City Bank from proceeding with any further steps in the administration ofsaid Trust including the filing ofa final Accd'unt,holding ofan Audit or petitioning for issuance ofa Decree; C.Indemnify National City Bank and save it harmless from and against our pro rata share ofany and all liabilities and expenses (including attorneys'fees and other costs oflitigation or taxes ofany type)which may be assessed against National City Bank or the said Trust arising by reason ofNational City Bank's administration of said Trust through the date below,or to which National City Bank or the said Trust may be subjected after the date below by reason ofsuch administration; D.Waive the issuance of any notice whatsoever that may be required to be given to·us. either by law or Rules ofCourt;and E.Refund or return promptly,upon National City Bank's written demand,any property received by us hereunder,or the value thereof,which may be determined to have been distributed to us improperly by mistake,negligence or otherwise. DATED this :13 cd day Of__..LJ;n~qt.L.t:~c:::..~h:L..-'19 97 _~~~~~~~~(SEAL) National City Bank ofPennsylvania Trustee under the Will of Dorothy D.Whitworth, Deceased for Dorothy R.Bazzano IN RE:DOROTHY WHITWORTH,DECEASED: FOR SMITH ROBERTSON ACCT #PO-0490-00-6 No.63-71-1066 STIPULAnON AND RELEASE I,Dorothy R.Bazzano,do hereby certify that I have examined the Statement dated September 30, 1998 which was duly submitted by National City Bank ofPennsylvania Successor to Integra Trust Company, National Association,Integra National BankJPittsburgh,and The Union National City Bank ofPennsylvania, Trustee under the Will ofDorothy D.Whitworth,Deceased for Smith Robertson (hereinafter referred to as "National City Bank")and find the same correct and satisfactory in all respects and do hereby release National City Bank ofPennsylvania from the necessity of filing any Court accounting,and further release the said Trustee from any and all liability with regard to its administration ofthe account. I further state that I approve ofthe distribution ofthe remaining Trust assets held by National City Bank ofPennsylvania,Trustee,to National City Bank ofPennsylvania,Trustee under the Will ofDorothy D. Whitworth,Deceased for Dorothy R.Bazzano.This Stipulation and Release shall be binding on my heirs, successors and assigns. WITNESS my hand and seal this 1.1 day of~Q.=~a."",,"c....:....a.6 ,195:!-. JOhn 1...".. .. ., _~"""""'__"""""'I------->-R-+o--63~%.,..,...".,~---,,--=---(SEAL)~Doroth)li Bazzano -.~ II . j NationaICity@ H 0304X 46 PO-0490-00-6 National City Bank of Pennsylvania P29 JLS SME 9063 I" TRUSTEE UIW OF DOROTHY 0 WHITWORTH,DEC'O FOR SMITH H ROBERTSON REQUESTED TRANSACTION STATEMENT 10101/98 THRU 02/25/99 REQUESTED RPT146 CARRYING VALUES SHOWN ON THIS STATEMENT DO NOT NECESSARILY REFLECT COST BASIS FOR TAX PURPOSES ADMINISTRATIVE OFFICER, J.L.SCHROTT PORTFOLIO MANAGER ,~- S.M.ELLIOTT ~ l-JOM ,0 'M..c~~ .. j NaIionaICily~ II ----- I •I ACCOUNT NUMBER.PO-0490-00-6 STATEMENT OF TRANSACTIONS ACCOUNT NAME.D WHITWORTH,DEC'D FOR S ROBERTSON National City Bank of Pennsylvania PAGE 1 DATE 02/25/99 ADMINISTRATIVE OFFICER.JLS I I I ! I I I I I ! I '] I Ii~I ! i I I II~ I I, I I' 1 ----- DATE 09/30/98 10/01/98 10/02/98 10/05/98 DESCRIPTION BALANCE LAST STATEMENT INT THRU 09/30/98 ARMADA MONEY MARKET FUND INCOME THRU 09/30/98 ARMADA BOND FD INSTL CL FUND #630 INCOME THRU 09/30/98 FEDERATED US GOVT SEC FD 1-3 YEARS INST SHARES #9 PURCHASED 631.000 UNITS @ 1.00000 ARMADA MONEY MARKET FUND ADDITIONAL INCOME DUE THRU 7/31/98 ARMADA BOND FD INSTL CL FUND #630 PURCHASED 16.830 UNITS @ 1.00000 ARMADA MONEY MARKET FUND PURCHASED 6.230 UNITS @ 1.00000 ARMADA MONEY MARKET FUND $.0003799DIV ON 300.SHS PAYABLE 10/01/98 HEARTLAND VALUE FUND LONG-TERM CAPITAL GAIN DISTRIBUTION OF $.000J500 PER SHARE ON 300.SHARES PAYABLE 10/01/98 HEARTLAND VALUE FUND • INCOME CASH .00 70.58 391.58 168.84 631.00- 6.12 6.23- .11 PRINCIPAL CASH .00 16.83- .05 ASSET CARRYING VALUE 313,919.39 631.00 16.83 6.23 Ii 'f----.NaIionaICity~ STATEMENT OF TRANSACTIONS National City Bank of Pennsylvania PAGE 2 DATE 02/25/99 ACCOUNT NUMBER.PO-0490-00-6 ACCOUNT NAME.0 WHITWORTH,DEC'O FOR S ROBERTSON ADMINISTRATIVE OFFICER.JLS [I l~~ f I III f I DATE 10/05/98 10/06/98 10/09/98 10/20/98 10/21/98 10/26/98 10/27/98 DESCRIPTION SHORT-TERM CAPITAL GAIN DISTRIBUTION OF $.0515015 PER SHARE ON 300.SHARES PAYABLE 10/01/98 HEARTLAND VALUE FUND LONG-TERM CAPITAL GAIN DISTRIBUTION OF $.0046000 PER SHARE ON 300.SHARES PAYABLE 10/01/98 HEARTLAND VALUE FUND PURCHASED .050 UNITS ~1.00000 ARMADA MONEY MARKET FUND $.3425 DIV ON 1,050.SHS PAYABLE 10/10/98 H J HEINZ CO COM PURCHASED 359.630 UNITS ~1.00000 ARMADA MONEY MARKET FUND MONTHLY FEE FOR THE PERIOD 09/01/98 TO 09/30/98 SOLD 404.490 UNITS ~1.00000 ARMADA MONEY MARKET FUND $.30 DIV ON 600.SHS PAYABLE 10/26/98 GENERAL ELECTRIC CO COM PURCHASED 180.000 UNITS ~1.00000 ARMADA MONEY MARKET FUND THE NATIONAL IRON BANK- DEPOSIT CHECKING 0355291 SMITH W ROBERTSON INCOME CASH 359.63 359.63- 404.49- 404.49 180.00 180.00- 1,425.00- PRINCIPAL CASH 15.45 1.38 .05- ASSET CARRYING VALUE .05 359.63 404.49- 180.00 National Citye STATEMENT OF TRANSACTIONS National City Bank of Pennsylvania PAGE 3 DATE 02/25/99 ACCOUNT NUMBER.PO-0490-00-6 ACCOUNT NAME.D WHITWORTH,DEC'D FOR S ROBERTSON ADMINISTRATIVE OFFICER.JLS II I'. .I DATE 10/28/98 11/02/98 11/04/98 11/05/98 DESCRIPTION SOLD 865.180 UNITS @ 1.00000 ARMADA MONE~MARKET FUND INT THRU 10/31/98 ARMADA MONE~MARKET FUND INCOME THRU 10/31/98 ARMADA BOND FD INSTL CL FUND #630 INCOME THRU 10/31/98 FEDERATED US GOVT SEC FD 1-3 ~EARS INST SHARES #9 PURCHASED 68.350 UNITS @ 1.00000 ARMADA MONE~MARKET FUND $.02 DIV ON 700.SHS PA~ABLE 09/30/98 ~ACK111AN FUND PURCHASED 14.000 UNITS ~1.00000 ARMADA MONE~MARKET FUND $.0557199DIV ON 300.SHS PA~ABLE 11/03/98 HEARTLAND VALUE FUND LONG-TERM CAPITAL GAIN DISTRIBUTION OF $.5753878 PER SHARE ON 300.SHARES PA~ABLE 11/03/98 HEARTLAND VALUE FUND PURCHASED 172.620 UNITS @ 1.00000 ARMADA MONEY MARKET FUND INCOME CASH 865.18 66.97 389.66 171.54 68.35- 14.00 14.00- 16.72 PRINCIPAL CASH 172.62 172.62- ASSET CARR~ING VALUE 865.18- 68.35 14.00 172.62 NationaICity~ STATEMENT OF TRANSACTIONS ~National City Bank of Pennsylvania PAGE 4 DATE 02/25/99 ACCOUNT NUMBER.PO-0490-00-6 ACCOUNT NAME.D WHITWORTH,DEC'D FOR S ROBERTSON ADMINISTRATIVE OFFICER.JLS I I I I I I ! Ii I I [ ~I i I DATE 11/05/98 11/16/98 11/20/98 11/23/98 12/01/98 DESCRIPTION PURCHASED 16.720 UNITS ~1.00000 ARMADA MONEY MARKET FUND $.285 DIV ON 100.SHS PAYABLE 11/16/98 PROCTER &GAMBLE CO COM PURCHASED 28.500 UNITS ~1.00000 ARMADA MONEY MARKET FUND MONTHLY FEE FOR THE PERIOD 10/01/98 TO 10/31/98 SOLD 127.570 UNITS @ 1.00000 ARMADA MONEY MARKET FUND FINAL FEE FOR THE PERIOD 11/01/98 TO 11/17/98 $.225 DIV ON 1,200.SHS PAYABLE 12/01/98 'AMERICAN HOME PRODUCTS CORP COM INT THRU 11/30/98 ARMADA MONEY MARKET FUND INCOME THRU 11/30/98 ARMADA BOND FD INSTL CL FUND #630 INCOME THRU 11/30/98 FEDERATED US GOVT SEC FD 1-3 YEARS INST SHARES #9 PURCHASED 339.740 UNITS ~1.00000 ARMADA MONEY MARKET FUND INCOME CASH 16.72- 28.50 28.50- 413.35- 127.57 231.03- 270.00 60.61 368.35 157.59 339.74- PRINCIPAL CASH ASSET CARRYING VALUE 16.72 28.50 127.57- 339.74 NationaICitye STATEMENT OF TRANSACTIONS National City Bank of Pennsylvania PAGE 5 DATE 02/25/99 ACCOUNT NUMBER.PO-0490-00-6 ACCOUNT NAME.D WHITWORTH.DEC'D FOR S ROBERTSON ADMINISTRATIVE OFFICER.~lS ~ I I I I I I1._____ _ DATE 12/10/98 12/14/98 12/15/98 12/18/98 12/21/98 12/22/98 DESCRIPTION $.41 DIV ON 800.SHS PAYABLE 12/10/98 EXXON CORP COM PURCHASED 328.000 UNITS @ 1.00000 ARMADA MONEY MARKET FUND PURCHASED 9296.000 UNITS @ 1.00000 ARMADA MONEY MARKET FUND SOLD 700 SHARES TRADED ON 12/11 @ $13.28 MUTUAL FUNDS YACKTMAN FUND $.7125 DIV ON 100.SHS PAYABLE 12/15/98 ATLANTIC RICHFIELD CO.COM PURCHASED 71.250 UNITS @ 1.00000 ARMADA MONEY MARKET FUND PURCHASED 1144.080 UNITS @ 1.00000 ARMADA MONEY MARKET FUND PURCHASED 12.600 UNITS @ 1.00000 ARMADA MONEY MARKET FUND SOLD 1144.080 UNITS @ 1.00000 ARMADA MONEY MARKET FUND SOLD 12.600 UNITS @ 1.00000 ARMADA MONEY MARKET FUND $.06 DIV ON 400.SHS PAYABLE 12/.21/98 FIDELITY ADVISOR EQUITY GROWTH ~LASS-I INCOME CASH 328.00 328.00- 71.25 71.25- 12.60- 12.60 24.00 PRiNCIPAL CASH 9.296.00- 9,296.00 1,144.08- 1.144.08 ASSET CARRYING VALUE 328.00 9,296.00 6,543.00- 71.25 1,144.08 12.60 1,144.08- 12.60- ---------------------_._----_._---------------------------------------------------.- NationaICitye STATEMENT OF TRANSACTIONS National City Bank of Pennsylvania PAGE 6 DATE 02/25/99 ACCOUNT NUMBER:PO-0490-00-6 ACCOUNT NAME.D WHITWORTH,DEC'D FOR S ROBERTSON ADMINISTRATIVE OFFICER.JLS DATE 12/22/98 12/23/98 DESCRIPTION LONG-TERM CAPITAL GAIN DISTRIBUTION OF $4.7300000 PER SHARE ON 400.SHARES PAYABLE 12/21/98 FIDELITY ADVISOR EQUITY GROWTH CLASS I SHORT-TERM CAPITAL GAIN DISTRIBUTION OF $1.6700000 PER SHARE ON 400.SHARES PAYABLE 12/21/98 FIDELITY ADVISOR EQUITY GROWTH CLASS I PURCHASED '2560.000 UNITS @ 1.00000 ARMADA MONEY MARKET FUND PURCHASED 24.000 UNITS @ 1.00000 ARMADA MONEY MARKET FUND LONG-TERM CAPITAL·GAIN DISTRIBUTION OF $.0187000 PER SHARE ON 8,100.SHARES PAYABLE 12/22/98 ARMADA BOND FD INSTL CL FUND #630 SHORT-TERM CAPITAL GAIN DISTRIBUTION OF $.1241000 PER SHARE ON 8,100.SHARES PAYABLE 12/22/98 ARMADA BOND FD INSTL CL FUND #630 INCOME CASH 24.00- PRINCIPAL CASH 1,892.00 668.00 2,560.00- 151.47 1,005.21 ASSET CARRYING VALUE 2,560.00 24.00 --------------- NaIionaICitye STATEMENT OF TRANSACTIONS National City Bank of Pennsylvania PAGE 7 DATE 02/25/99 ACCOUNT NUMBER.PO-0490-00-6 ACCOUNT NAME.0 WHITWORTH,DEC'O FOR S ROBERTSON ADMINISTRATIVE OFFICER,JLS DATE 12/23/98 :. '.J L~·__ DESCRIPTION LONG-TERM CAPITAL .GAIN DISTRIBUTION OF $.4528000 PER SHARE ON 1,313.178 SHARES PAYABLE 12/22/98 ARMADA EQUITY GROWTH FD FUND #610 SHORT-TERM CAPITAL GAIN DISTRIBUTION OF $.5395000 PER SHARE ON 1,313.178 SHARES PAYABLE 12/22/98 ARMADA EQUITY GROWTH FD FUND #610 TRANSFER TO ACCT PO-0489-00-8 1,200.SHARES AMERICAN HOME PRODUCTS CORP COM TRANSFER TO ACCT PO-0489-00-8 100.SHARES ATLANTIC RICHFIELD CO COM TRANSFER TO ACCT PO-0489-00-8 800.SHARES EXXON CORP COM TRANSFER TO ACCT PO-0489-00-8 600.SHARES GENERAL ELECTRIC CO COM TRANSFER TO ACCT PO-0489-00-8 1,050.SHARES H ~HEINZ CO COM TRANSFER TO ACCT PO-0489-00-8 100.SHARES. PROCTER &GAMBLE CO COM INCOME CASH PRINCIPAL CASH 594.61 708.46 ASSET CARRYING VALUE 8,187.00- 7,326.75- 3,950.00- 11 ,295.00- 6,252.57- 7,704.00- NationaICity~ ------------- National City Bank of Pennsylvania PAGE 8 -, Ii ACCOUNT NUMBER.PO-0490-00-6 STATEMENT OF TRANSACTIONS ACCOUNT NAME.D WHITWORTH,DEC'D FOR S ROBERTSON DATE 02/25/99 ADMINISTRATIVE OFFICER.JLS DATE 12/23/98 DESCRIPTION TRANSFER TO ACCT PO-0489-00-8 8,100.SHARES ARMADA BOND FD INSTL CL FUND #630 TRANSFER TO ACCT PO-0489-00-8 1,313.178 SHARES ARMADA EQUITY GROWTH FD FUND #610 TRANSFER TO ACCT PO-0489-00-8 4,000.SHARES FEDERATED US GOVT SEC FD 1-3 YEARS INST SHARES #9 TRANSFER TO ACCT PO-0489-00-8 400.SHARES FIDELITY ADVISOR EQUITY GROWTH CLASS I TRANSFER TO ACCT PO-0489-00-8 600.SHARES HT INSIGHT FDS INC EQTY FD INST CL TRANSFER TO ACCT PO-0489-00-8 300.SHARES HEARTLAND VALUE FUND TRANSFER TO ACCT PO-0489-00-8 50,000.PAR VALUE UNITED STATES TREAS NTS DTD '8-15-97 6%DUE 8-15-00 TRANSFER TO ACCT PO-0489-00-8 25,000.PAR VALUE UNITED STATES TREAS NT DID 12':31-97 5.6'25%DUE 12-31":02 INCOME CASH PRINCIPAL CASH ASSET CARRYING VALUE 81,419.00- 21,384.00- 40,740.00- 12,940.00- 8,022.00- 8,121.00- 49,944.50- 24,935.50- i I I I I I \ I \ I \ il I,I "I I lI 'II 'I \ I NationaIClye National City Bank of Pennsylvania ACCOUNT NUMBER.PO-0490-00-6 DATE 02/25/99 PAGE 9 ADMINISTRATIVE OFFICER.JLS IASSETCARRYING VALUE PRINCIPAL CASH INCOME CASH STATEMENT OF TRANSACTIONS ACCOUNT NAME.D WHITWORTH,DEC'D FOR S ROBERTSON DESCRIPTIONDATE 12/23/98 REDEEM AT 1.00 ARMADA MONEY MARKET FUND 27,107.76 27,107.76- REDEEM AT 1.00 ARMADA MONEY MARKET FUND 762.99 762.99- FUNDS TRANSFERRED TO INCOME TO COVER BALANCE OF ACCUMULATED AND ACCRUED UNDISTRIBUTED INCOME TO DATE OF DEATH 1,036.31 1,036.31- TRANSFER OF FUNDS TO #P00489008 D.WHITWORTH,DECO FOR DOROTHY BAZZANO 26,071.45- 12/24/98 $.021 DIV ON 600.SHS PAYABLE 12/18/98 HT INSIGHT FDS INC EQTY FD INST CL 12.60 LONG-TERM CAPITAL GAIN DISTRIBUTION OF $1.9068000 PER SHARE ON 600.SHARES PAYABLE 12/18/98 HT INSIGHT FDS INC EQTY FD INST CL 1,144.08 i I I ~ I I 01/04/99 ESTATE OF SMITH ROBERTSON ACCUMULATED &UNDISTRIBUTED NET INCOME PAYABLE TO DATE OF DEATH OF SMITH ROBERTSON INT THRU 12/31/98 ARMADA MONEY MARKET FUND INCOME THRU 12/31/98 ARMADA BOND FD INSTL.CL FUND #630 1,799.30- 57.28 267.46 L 10 ~.NationaiCity@ STATEMENT OF TRANSACTIONS National City Bank of Pennsylvania PAGE 10 DATE 02/25/99 ACCOUNT NUMBER.PO-0490-00-6 ACCOUNT NAME.D WHITWORTH,DEC'D FOR S ROBERTSON ADMINISTRATIVE OFFICER.JLS I. , ir I I I t I I I Ii~_ DATE 01/04/99 01/08/99 01/11/99 02/25/99 - ---------- DESCRIPTION INCOME THRU 12/31/98 FEDERATED US GOVT SEC FD 1-3 YEARS INST SHARES #9 $.3425 DIV ON 1,050.SHS PAYABLE 01/10/99 H J HEINZ CO COM TRANSFER OF FUNDS TO #P00489006 D. WITHWORTH FOR D.BAZZANO REP BALANCE TO CLOSE ACCOUNT TRANSFER OF FUNDS FROM #P00489008 N/O D.WHITWORTH FOR DOROTHY BAZZANO FOR PAYMENT OF FEES BALANCE THIS STATEMENT INCOME CASH 112.03 359.63 809.00- .00 PRINCIPAL CASH 3,603.83- 9,321.31 9,321.31 ASSET CARRYING VALUE II • ! 1 I, NaIionaICitye --------------------------------1 National City Bank of Pennsylvania PAGE 11 ACCOUNT NUMBER,PO-0490-00-6 STATEMENT OF TRANSACTIONS ACCOUNT NAME,D WHITWORTH,DEC'D FOR S ROBERTSON DATE 0Z/25/99 ADMINISTRATIVE OFFICER,JLS ***STATEMENT SUMMARY *** **BEGINNING BALANCES ** TOTAL RECEIPTS TOTAL DISBURSEMENTS NET INVESTED CASH CHANGES **ENDING BALANCES ** INCOME CASH '$.00 4,989.36 5,082.17- 92.81 $.00 PRINCIPAL CASH $.00 24,970.64 30,711.59- 15,062.26 $9,321.31 ASSET CARRYING VALUE $313,919.39 298,764.32- 15,155.07- ~===-=-===->..====-=-~~~-~.>-l1 ,--:---.,.. l!l •..".. '., ·-' .\, IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA J ESTATE OF DOROTHY D.WHITWORTH DECEASED,TRUST FORD.TAYLOR 'Vd"OJ N018NIHSVM S111J\t\jO ~]lSI83~ 61:6 WV 91 1JO cO ORPHANS'COURT DNISION NO.63-71-1066 RECEIPT AND RELEASE PAGES AND STATEMENTS "CODE " TRUST UNDER WILL DATED FEBRUARY 1,1965 FILED ON BEHALF OF NATIONAL CITY BANK OF PENNSYLVANIA,SUCCESSOR TO INTEGRA TRUST COMPANY, NATIONAL ASSOCIATION, INTEGRA NATIONAL BANKIPITTSBURGH,AND THE UNION NATIONAL BANK OF PITTSBURGH,TRUSTEE COUNSEL OF RECORD JOSH A.CARROLL,ESQUIRE PAID#73230 11 EAST BEAU STREET SUITE 200 WASHINGTON,PA 15301 (724)225-9930 ·.- IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DNISION IN RE:Estate ofD.Whitworth,Deceased for D.Taylor No.63-71-1066 RECEIPT,RELEASE,INDEMNIFICATION AND REFUNDING BOND I,Whitney Mcllvaine hereby acknowledge having received and reviewed a copy ofthe Will of Dorothy D.Whitworth.In addition,I hereby acknowledge having examined the Statement prepared by National City Bank ofPennsylvania Successor to Integra Trust Company,National Association,Integra National Bank!Pittsburth,and The Union National Bank ofPittsburgh,Trustee under the Will ofDorothy D. Whitworth (hereinafter referred to as "National City Bank"),attached hereto and made a part hereof as Exhibit "A",detailing the principal receipts and disbursements and the income receipts and disbursements and am satisfied that the Statement represents a true and accurate representation ofthe activity occurring in [name ofAccount]during the period beginning April 1,2002 and ending on the date last set forth below.I ratify and confirm the completeness and accuracy ofthe Statement,waive my right to receive Statements from the inception ofthe Trust,and accept the distribution hereunder,together with all previous distributions set forth in said Statement,in full satisfaction ofany and all rights,interest and claims which I may have therein.I hereby acknowledge receipt ofthe following: PRINCIPAL -PERSONALTY Stocks Market Value as of07/0112002 Account Value 34 Shares AOL Time Warner Incorporated, Common $459.34 $1,388.56 41 Shares Alcoa Incorporated,Common 54 Shares BP PLC ADR 34 Shares Burlington Res Incorporated,Common 1,353.00 2,745.36 1,293.02 1,469.03 2,412.47 1,473.22 1 9 AUG 2001. I------~:- I .)t PRINCIPAL -PERSONALTY (CONTINUED) Market Value Account as 0[07/0112002 Value Stocks (Continued) 33 Shares Citigroup Incorporated,Common $1,270.17 $1,476.09 267 Shares Exxon Mobil Corporation,Common 10,853.55 659.16 516 Shares General Electric Corporation,Common 14,680.20 3,237.89 134 Shares H J Heinz Company,Common 5,489.98 664.64 17 Shares International Business Machines Corporation,Common 1,149.20 1,643.90 ,I 33 Shares Pfizer Incorporated,Common 1,118.70 1,332.54 34 Shares Procte &Gamble Company,Common 3,061.02 2,598.74 33 Shares Scotts Company Class A 1,494.90 1,266.54 116 Shares Wyeth,Common 5,793.04 791.41 Notes $5,000 Western Berks Water Authority Pennsylvania Revenue Notes 4.125%Dated 08/15/98 Due 04/01104 5,134.20 4,987.50 Miscellaneous 97.809 Units Annada International Equity Fund 904.73 1,666.67 116.144 Units Armada Small Cap Value Fund 2,288.04 1,666.66 114.943 Units Annada Large Cap Value Fund 1,718.40 2,000.01 205.663 Units Armada Equity Growth Fund 3,640.24 3,769.12 ·, PRINCIPAL -PERSONALTY (CONTINUED) Miscellaneous (Continued) Market Value as 0[07/0112002 Account Value 33 Units Fidelity Advisor Funds $1,301.52 $911.46 34 Units Heartland Value Fund 1/3 mterest in Property 395 North Wade Avenue East Washington BofO,Washington County, Pennsylvania Temporary Investment 1,281.12 26,985.33 920.38 26,985.33 ! I I $30,620.61 Armada Money Market Fund (Treat as Cash) Cash Less Reserve: ~6Sft A.Carroll,Esqttirc Attomofs Fee Register ofWills ofWashington County,Pennsylvania Cost ofFiling Receipt and Release Pages $2,315.00 1,866.67' 9.67 National City Bank ofPennsylvania 2001 Tax Preparation Fee 2002 Tax Preparation Fee Principal Fee for the Period 04/01/02 -07/01/02 58.33 58.33 322.00 30,620.61 $124,635.67 30,620.61 $93,941.93 INCOME -PERSONALTY *Cash Less: 2001 Tax Preparation Fee 2002 Tax Preparation Fee $ 740.82 58.34 58.33 624.15 624.15 *Note:All cash is invested in Armada Money Market Fund. $125,259.82 $94,566.08 .~ ------ In consideration ofNational City Bank's willingness to make the distribution hereunder without first securing the benefit ofa formal court audit,I agree to be bound hereby and to bind my heirs,personal representatives and assigns,to: A.Release National City Bank,its successors and assigns,from any and all liability which it may have by reason ofits administration ofsaid Trust through the date below,including but not limited to any liability for federal,state or local income taxes,all estate taxes,inheritance taxes,transfer taxes and other taxes ofa similar nature,and any interest or penalties related thereto which may be assessed against me or my estate; B.Release National City Bank from proceeding with any further steps in the administration of said Trust including the filing ofa final Account,holding ofan Audit or petitioning for issuance of a Decree; C.Indemnify National City Bank and save it harmless from and against my pro rata share ofany and all liabilities and expenses (including attorneys'fees and other costs oflitigation or taxes ofany type) which may be assessed against National City Bank or the said Trust arising by reason ofNational City Bank's administration ofsaid Trust through the date below,or to which National City Bank or the said Trust may be subjected after the date below by reason ofsuch administration; D.Waive the issuance ofany notice whatsoever that may be required to be given to me either by law or Rules of Court;and E.Refund or return promptly,upon National City Bank's written demand,any property received by me.hereunder,or the value thereof,which may be determined to have been distributed to me improperly by mistake,negligpCe or otherwise. DATED this jf.'c/day of-+~7'1---4'~-+--+-_--+-_-ll----.T---'<-~- t_----ll~'4z~.~2:======:::::::::::::::~--------+---+'-'~I----t---lL..bIf-f-~~-__(SEAL) Witness .. .. IN THE'COuRT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DIVISION IN RE:Estate ofD.Whitworth,Deceased for D.Taylor No.63-71-1066 RECEIPT,RELEASE,INDEMNIFICATION AND REFUNDING BOND I,Margaretta W.Mcllvaine hereby acknowledge having received and reviewed a copy of the Will ofDorothy D.Whitworth.In addition,I hereby acknowledge having examined the Statement prepared by National City Bank ofPennsylvania Successor to Integra Trust Company,National Association,Integra National Bank!Pittsburth,and The Union National Bank ofPittsburgh,Trustee under the Will ofDorothy D. Whitworth (hereinafter referred to as "National City Bank"),attached hereto and made a part hereofas Exhibit "A",detailing the principal receipts and disbursements and the income receipts and disbursements and am satisfied that the Statement represents a true and accurate representation ofthe activity occurring in [name ofAccount]during the period beginning April 1,2002 and ending on the date last set forth below.I ratify and confirm the completeness and accuracy ofthe Statement,waive my right to receive Statements from the inception ofthe Trust,and accept the distribution hereunder,together with all previous distributions set forth in said Statement,in full satisfaction ofany and all rights,interest and claims which I may have therein.I hereby acknowledge receipt ofthe following: PRINCIPAL -PERSONALTY Stocks Market Value as of07/01/2002 Account Value 33 Shares AOL Time Warner Incorporated, Common $445.83 $1,347.72 42 Shares Alcoa Incorporated,Common 55 Shares BP PLC ADR 33 Shares Burlington Res Incorporated,Common 1,386.00 2,796.20 1,254.99 1,504.86 2,457.14 1,429.89 ~---------------~-~---~ .. PRINCIPAL -PERSONALTY (CONTINUED) Market Value Account as of07/0112002 Value Stocks (Continued) 34 Shares Citigroup Incorporated,Common $1,308.66 $1,520.82 266 Shares Exxon Mobil Corporation,Common 10,812.90 656.68 517 Shares General Electric Corporation,Common 14,708.65 3,244.18 133 Shares H J Heinz Company,Common 5,449.01 659.68 16 Shares International Business Machines Corporation,Common 1,081.60 1,547.20 .34 Shares Pfizer Incorporated,Common 1,152.60 1,372.92 33 Shares Procter &Gamble Company,Common 2,970.99 2,522.28 34 Shares Scotts Company Class A 1,540.20 1,304.92 117 Shares Wyeth,Common 5,842.98 798.23 Notes $10,000 Western Berks Water Authority Pennsylvania Revenue Notes 4.125%Dated 08/15/98 Due 04/01/04 10,268.40 9,975.00 Miscellaneous 97.809 Units Armada International Equity Fund 904.73 1,666.66 116.144 Units Armada Small Cap Value Fund 2,288.04 1,666.67 114.943 Units Armada Large Cap Value Fund 1,718.40 2,000.01 205.662 Units Armada Equity Growth Fund 3,640.21 3,769.11 PRlNCIPAL -PERSONALTY (CONTINUED) Miscellaneous (Continued) Market Value as of07/0112002 Account Value 1 33 Units Fidelity Advisor Funds $1,301.52 $911.46 33 Units Heartland Value Fund 1/3 Interest in Property 395 North Wade Avenue East Washington Boro,Washington County, Pennsylvania Temporary Investment 1,243.44 26,985.34 893.31 26,985.34 $25,534.98 Armada Money Market Fund (Treat as Cash) Cash Less Reserve: }6~~Oll,Iisquire Attomey's Fee Register ofWills ofWashington County,Pennsylvania Cost ofFiling Receipt and Release Pages $2,315.00 ci,86d.1:i9 J 9.66 ~.~c )C?C)ecl .~\t.R-A - National City Bank ofPennsylvania 2001 Tax Preparation Fee 2002 Tax Preparation Fee Principal Fee for the Period 04/01/02 -07/01/02 58.34 58.33 322.00 25,534.98 $124,635.67 25,534.98 $93,769.06 INCOME -PERSONALTY *Cash Less: 2001 Tax Preparation Fee 2002 Tax Preparation Fee $740.82 58.33 58.34 624.15 624.15 *Note:All cash is invested in Armada Money Market Fund. $125,259.82 $94.393.21 In consideration ofNational City Bank's willingness to make the distribution hereunder without first securing the benefit ofa formal court audit,I agree to be bound hereby and to bind my heirs,personal representatives and assigns,to: A.Release National City Bank,its successors and assigns,from any and all liability which it may have by reason ofits administration of said Trust through the date below,including but not limited to any liability for federal,state or local income taxes,all estate taxes,inheritance taxes,transfer taxes and other taxes ofa similar nature,and any interest or penalties related thereto which may be assessed against me or my estate; B.Release National City Bank from proceeding with any further steps in the administration ofsaid Trust including the filing ofa final Account,holding of an Audit or petitioning for issuance ofa Decree; C.Indemnify National City Bank and save it harmless from and against my pro rata share ofany and all liabilities and expenses (including attorneys'fees and other costs oflitigation or taxes ofany type) which may be assessed against National City Bank or the said Trust arising by reason ofNational City Bank's administration of said Trust through the date below,or to which National City Bank or the said Trust may be subjected after the date below by reason of such administration; D.Waive the issuance ofany notice whatsoever that may be required to be given to me either by law or Rules ofCourt;and E.Refund or return promptly,upon National City Bank's written demand,any property received by me hereunder,or the value thereof,which may be determined to have been distributed to me improperly by mistake,negligence or otherwise. DATED this aO-1\--dayof-----LA---,-'-0-3-t-u..:::..........vk------,~OOd . _-+-~~--+-~~~--~llIT'H ()~mc';?JJJCd~(SEAL)~Mcllvalne .------------------------------ IN THE COURT OF COMMON PLEAS OF WASHINGTON COUNTY,PENNSYLVANIA ORPHANS'COURT DIVISION IN RE:Estate ofD.Whitworth,Deceased for D.Taylor No.63-71-1066 RECEIPT,RELEASE,INDEMNIFICATION AND REFUNDING BOND I,Jay Keller hereby acknowledge having received and reviewed a copy of the Will ofDorothy D. Whitworth.In addition,I hereby acknowledge having examined the Statement prepared by National City Bank ofPennsylvania Successor to Integra Trust Company,National Association,Integra National Bank! Pittsburth,and The Union National Bank ofPittsburgh,Trustee under the Will ofDorothy D.Whitworth (hereinafter referred to as "National City Bank"),attached hereto and made a part hereof as Exhibit "A", detailing the principal receipts and disbursements and the income receipts and disbursements and am satisfied that the Statement represents a true and accurate representation ofthe activity occurring in [name of Account]during the period beginning April 1,2002 and ending on the date last set forth below.I ratify and confirm the completeness and accuracy ofthe Statement,waive my right to receive Statements from the inception ofthe Trust,and accept the distribution hereunder,together with all previous distributions set forth in said Statement,in full ~atisfaction ofany and all rights,interest and claims which I may have therein.i hereby acknowledge receipt ofthe following: PRINCIPAL -PERSONALTY Stocks Market Value as of07/0112002 Account Value 33 Shares AOL Time Warner Incorporated, Common $445.83 $1,347.72 42 Shares Alcoa Incorporated,Common 55 Shares BP PLC ADR 33 Shares Burlington Res Incorporated,Common 1,386.00 2,796.20 1,254.99 1,504.86 2,457.14 1,429.89 2 1 AUG 2002 ~-------------------------- PRINClPAL -PERSONALTY (CONTINUED) Market Value Account as of07/0112002 Value Stocks (Continued) 33 Shares Citigroup Incorporated,Common $1,270.17 $1,476.09 267 Shares Exxon Mobil Corporation,Common 10,853.55 659.16 517 Shares General Electric Corporation,Common 14,708.65 3,244.18 133 Shares H J Heinz Company,Common 5,449.01 659.68 17 Shares International Business Machines Corporation,Common 1,149.20 1,643.90 33 Shares Pfizer Incorporated,Common 1,118.70 1,332.54 33 Shares Procter &Gamble Company,Common 2,970.99 2,522.28 33 Shares Scotts Company Class A 1,494.90 1,266.54 117 Shares Wyeth,Common 5,842.98 798.23 Notes $10,000 Western Berks Water Authority Pennsylvania Revenue Notes 4.125%Dated 08/15/98 Due 04/01/04 10,268.40 9,975.00 Miscellaneous 97.809 Units Annada International Equity Fund 904.74 1,666.67 116.144 Units Annada Small Cap Value Fund 2,288.03 1,666.67 114.942 Units Annada Large Cap Value Fund 1,718.38 1,999.98 205.663 Units Annada Equity Growth Fund 3,640.24 3,769.12 PRINCIPAL -PERSONALTY (CONTINUED) Miscellaneous (Continued) Market Value as of07/0112002 Account Value 34 Units Fidelity Advisor Funds $1,340.96 $939.08 33 Units Heartland Value Fund 1/3 Interest in Property 395 North Wade Avenue East Washington Boro,Washington County, Pennsylvania Temporary Investment 1,243.44 26,985.33 893.31 26,985.33 $25,504.97 Armada Money Market Fund (Treat as Cash) Cash Less Reserve: Josh A.Carroll,Esquire Attorney's Fee Register ofWills ofWashington County,Pennsylvania Cost ofFiling Receipt and Release Pages National City Bank ofPennsylvania 2001 Tax Preparation Fee 2002 Tax Preparation Fee Principal Fee for the Period 04/01/02 -07/01/02 $2,315.00 1,866.66 9.67 58.33 58.34 322.00 25,504.97 $124,635.66 25,504.97 $93,742.34 INCOME -PERSONALTY *Cash Less: 2001 Tax Preparation Fee 2002 Tax Preparation Fee $740.82 58.33 58.33 624.16 624.16 *Note:All cash is invested in Armada Money Market Fund. $125,259.82 $94.366.50 ------------------------------- In consideration ofNational City Bank's willingness to make the distribution hereunder without first securing the benefit ofa formal court audit,I agree to be bound hereby and to bind my heirs,personal representatives and assigns,to: A.Release National City Bank,its successors and assigns,from any and all liability which it may have by reason ofits administration ofsaid Trust through the date below,including but not limited to any liability for federal,state or local income taxes,all estate taxes,inheritance taxes,transfer taxes and other taxes ofa similar nature,and any interest or penalties related thereto which may be assessed against me or my estate; B.Release National City Bank from proceeding with any further steps in the administration ofsaid Trust including the filing of a final Account,holding ofan Audit or petitioning for issuance ofa Decree; C.Indemnify National City Bank and save it harmless from and against my pro rata share ofany and all liabilities.and expenses (including attorneys'fees and other costs of litigation or taxes ofany type) which may be assessed against National City Bank or the said Trust arising by reason ofNational City Bank's administration ofsaid Trust through the date below,or to which National City Bank or the said Trust may be subjected after the date below by reason ofsuch administration; D.Waive the issuance ofany notice whatsoever that may be required to be given to me either by law or Rules ofCourt;and E.Refund or return promptly,upon National City Bank's written demand,any property received by me hereunder,or the value thereof,which may be determined to have been distributed to me improperly by mistake,negligence or otherwise. DATED this /422£day Of-----'~~~~~~~_,-------,2002 7NNJ4~·Witne D.Whitworth Deceased for D.Taylor Trust under Will #PO-0491-00-4 Proposed ScheduleofDistribution as ofMarket Value Dated 07/0112002 Princi~ Whitnev Mcilvaine's 1/3 Share Margaretta W.Mcllvaine's 1/3 Share Jay Keller's 1/3 Share Account Mean Market Account Mean Market Account Mean Market Account Mean Market Shares Stocks Value Value Shares Value Value Shares Value Value Shares Value Value 100 AOL Time Warner Incorporated, Common $4,084.00 $1,351.00 34 $1,388.56 $459.34 33 $1,347.72 $445.83 33 1347.72 445.83 125 Alcoa Incorporated,Common 4,478.75 4,125.00 41 1,469.03 1,353.00 42 1,504.86 1,386.00 42 1,504.86 1,386.00 164 BPPLCADR 7,326.75 8,337.76 54 2,412.47 2,745.36 55 2,457.14 2,796.20 55 2,457.14 2,796.20 100 Burlington Res Incorporated, Common 4,333.00 3,803.00 34 1,473.22 1,293.02 33 1,429.89 1,254.99 33 1,429.89 1,254.99 .~. 100 Citigroup Incorporated,Common 4,473.00 3,849.00 33 1,476.09 1,270.17 34 1,520.82 1,308.66 33 1,476.09 1,270.17 800 Exxon Mobil Corporation, Common 1,975.00 32,520.00 267 659.16 10,853.55 266 656.68 10,812.90 267 659.16 10,853.55 1,550 General Electric Corporation, Common 9,726.25 44,097.50 516 3,237.89 14,680.20 517 3,244.18 14,708.65 517 3,244.18 14,708.65 ~-------- D.Whitworth Deceased for D.Taylor Trust under Will #PO-0491-00-4 Proposed Schedule ofDistribution as ofMarket Value Dated 07/01/2002 Princil!!!! WhitneyMcIlvaine's 1/3.£bar~~arj!;aretta W.McIlvaine's 1/3 Share Jay Keller's 1/3 Share Account Mean Market Account Mean Market Account Mean Market Account Mean Market Shares Stocks (Continued)Value Value Shares Value Value Shares Value Value Shares Value Value 400 H J Heinz Company,Common $1,984.00 $16,388.00 134 $664.64 $5,489.98 133 $659.68 5,449.01 133 $659.68 5,449.01 50 International Business Machines Corporation,Common 4,835.00 3,380.00 17 1,643.90 1,149.20 16 1,547.20 1,081.60 17 1,643.90 1,149.20 100 Pfizer Incorporated,Common 4,038.00 3,390.00 33 1,332.54 1,118.70 34 1,372.92 1,152.60 33 1,332.54 1,118.70 100 Procter &Gamble Company, Common 7,643.30 9,003.00 34 2,598.74 3,061.02 33 2,522.28 2,970.99 33 2,522.28 2,970.99 100 Scotts Company Class A 3,838.00 4,530.00 33 1,266.54 1,494.90 34 1,304.92 1,540.20 33 1,266.54 1,494.90 350 Wyeth,Common 2,387.87 17,479.00 116 791.41 5,793.04 117 798.23 5,842.98 117 798.23 5,842.98 Notes $25,000 Western Berks Water Authority Pennsylvania Revenue Notes 4.125% Dated 08/15/98 Due 04/01/04 24,937.50 25,671.00 $5,000 5,134.20 5,111.55 $10,000 9,975.00 10,268.40 $10,000 9,975.00 10,268.40 D.Whitworth Deceased for D.Taylor Trust under Will #PO-0491-00-4 Proposed Schedule ofDistribution as ofMarket Value Dated 07/01/2002 Principal Whitney Mcilvaine's 1/3 Share Margaretta W.Mcilvaine's 1/3 Share Jay Keller's 1/3 Share Account Mean Market Account Mean Market Account Mean Market Account Mean Market Units Miscellaneous Value Value Shares Value Value Shares Value Value Shares Value Value 293.427 Armada International Equity Fund 5,000.00 2,714.20 97.809 1,666.67 904.73 97.809 1,666.66 904.73 1 97.809 1,666.67 904.73 348.432 Armada Small Cap Value Fund 5,000.00 6,864.11 116.144 1,666.66 2,288.04 116.144 1,666.67 2,288.04 116.144 1,666.67 2,288.03 344.828 Armada Large Cap Value Fund 6,000.00 5,515.18 114.943 2,000.01 1,718.40 114.943 2,000.01 1,718.40 114.942 1,999.98 1,718.38 616.988 Armada Equity Growth Fund 11,307.35 10,920.69 205.663 3,769.12 3,640.24 205.662 3,769.11 3,640.21 205.663 3,769.12 3,640.24 100.000 Fidelity Advisor Funds 2,762.00 3,944.00 33.000 911.46 1,301.52 33.000 911.46 1,301.52 34.000 939.08 1,340.96 100.000 Heartland Value Fund 2,707.00 3,768.00 34.000 920.38 1,281.12 33.000 893.31 1,243.44 33.000 893.31 1,243.44 1.000 Interest in Property 395 North Wade Avenue East Washington Boro,Washington County,PA 80,956.00 80,956.00 0.333 26,985.33 26,985.33 0.334 26,985.34 26,985.34 0.333 26,985.33 26,985.33 $199,792.77 $292,246.44 $63,321.32 $94,015.06 $68,234.08 $99,100.69 $68,237.37 $99,130.69 D.Whitworth Deceased for D.Taylor Trust under Will #PO-0491-00-4 Proposed Schedule ofDistribution as ofMarket Value Dated 07/01/2002 Principal Whitney Mcilvaine's 1/3 Share Margaretta W.Mcilvaine's 1/3 Share Jay Keller's 1/3 Share Units Miscellaneous Account Value Mean Market Value Shares Account Value Mean Market Value Shares Account Value Mean Market Value Shares Account Value Mean Market Value Temporary Investment Annada Money Market Fund 88,605.56 88,605.56 32,935.61 32,935.61 27,849.98 27,849.98 27,819.97 27,819.97 Less Attorney 5,600.00 5,600.00 1866.67 1866.67 1866.67 1866.67 1866.66 1866.66 Filing 29.00 29.00 9.67 9.67 9.66 9.66 9.67 9.67 Tax Preparation Fee 350.00 350.00 116.66 116.66 116.67 116.67 116.67 116.67 Principal Fee 966.00 966.00 322.00 322.00 322.00 322.00 322.00 322.00 $281,453.33 $373,907.00 $93,941.93 $124,635.67 $93,769.06 $124,635.67 $93.742.34 $124,635.66 Income $2,222.46 $2,222.46 $740.82 $740.82 $740.82 $740.82 $740.82 $740.82 Less Tax Preparation Fee 350.00 350.00 116.67 116.67 116.67 116.67 116.66 116.66 *Cash $283,325.79 $375,779.46 $~$125,259.82 $94,393.21 $125,259.82 $94,366.50 S 125,259.82 *NOTE:All cash is invested in Annada Money Market Fund ..:. ), NationaiCity@ H 0702X 46 PO-0491-00-4 National City Bank of Pennsylvania P28 JLS JS6 2183 TRUSTEE U/W OF DOROTHY D WHITWORTH,DEC'D FOR DOROTHY VANCE TAYLOR REQUESTED TRANSACTION STATEMENT 04/01/2002 THRU 07/01/2002 REQUESTED RPT146 MARKET VALUES SHOWN ON THIS STATEMENT ARE OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE. HOWEVER,NATIONAL CITY AND ITS AFFILIATES CANNOT GUARANTEE THEIR ACCURACY. ADMINISTRATIVE OFFICER: JAMES L SCHROTT (412)644-8513 ~ E-lH I:QH~.~ PORTFOLIO MANAGER: JEFFREY A SCHLEGEL (412)644-8758 ACCOUNT NUMBER:PO-0491-00-4 SUMMARY OF ACCOUNT ACCOUNT NAME:D WHITWORTH DEC'D FOR D TAYLOR National City Bank of Pennsylvania PAGE 1 DATE 07101/02 ADMINISTRATIVE OFFICER:JLS BEGINNING ACCOUNT BALANCES BONDS DISPOSITIONS INTEREST INCOME STOCKS ACQUISITIONS DISPOSITIONS DIVIDENDS REAL ESTATE INCOME CASH &EQUIVALENTS ACQUISITIONS DISPOSITIONS INCOME PAYMENTS TO OR FOR BENEFICIARIES TAX EXPENSES FEES AND EXPENSES ENDING ACCOUNT BALANCES INCOME CASH .00 1,084.37 887.38 2,323.48- 695.95 351.73 359.91- 336.04- .00 PRINCIPAL CASH .00 25,000.00 68.82 441.23- 25,068.82- 5,541.23 5,100.00- .00 ASSET CARRYING VALUE 294,526.37 25,000.00- 60.70- 27,392.30 6,237.18- 290,620.79 NationaiCity@ National City Bank of Pennsylvania , ,~PAGE 2 I:, ACCOUNT NUMBER:PO-0491-00-4 STATEMENT OF TRANSACTIONS ACCOUNT NAME:D WHITWORTH DEC'D FOR D TAYLOR DATE 07/01/02 ADMINISTRATIVE OFFICER:~LS DATE 03/31/02 04/01/02 04/04/02 04/10/02 04/11/02 DESCRIPTION BALANCE LAST STATEMENT $.1375 DIV ON 100.SHS PAYABLE 04/01/02 BURLINGTON RES INC COM INT TO 04/01/02 ON 25,000. WESTERN BERKS WTR AUTH PA REV DTD 8-15-98 4.125%DUE 4-1-04 WTR INT THRU 03/31/02 ARMADA MONEY MKT FD 1507 $.0437 DIV ON 344.828 SHS PAYABLE 04/04/02 ARMADA LARGE CAP VALUE FUND #614 $.002 DIV ON 616.988 SHS PAYABLE 04/04/02 ARMADA EQUITY GROWTH FUND FUND #610 $.405 DIV ON 400.SHS PAYABLE 04/10/02 HEINZ H ~CO COM BALANCE DUE FEDERAL FIDUCIARY TAXES FOR TAX YEAR ENDING 12/31/2001 UNITED STATES TREASURY I.D.NO.25-6074113 BALANCE DUE STATE FIDUCIARY TAXES FOR TAX YEAR ENDING 12/31/2001 PENNSYLVANIA DEPT.OF REVENUE I.D.NO.25-6074113 INCOME CASH .00 13.75 515.62 73.11 15.07 1.23 162.00 PRINCIPAL CASH .00 4,440.00- 660.00- ASSET CARRYING VALUE 294,526.37 I:ACCOUNT NUMBER:PO-0491-00-4 STATEMENT OF TRANSACTIONS ACCOUNT NAME:D WHITWORTH DEC"D FOR D TAYLOR National City Bank of Pennsylvania PAGE 3 DATE 07/01102 ADMINISTRATIVE OFFICER:JLS DATE 04/22/02 04/24/02 04/25/02 05/01/02 05/14/02 05/15/02 OS/24/02 OS/28/02 DESCRIPTION MONTHLY FEE FOR THE PERIOD 03/01/02 TO 03/31/02 JOHN R.WHARTON 2002 EAST WASHINGTON BOROUGH REAL ESTATE TAX NO.290-108-3 PARCEL ~290-009-00-01-0008-00 100.00 %INTEREST IN PPTY 395 NORTH WADE AVE EAST WASHING TON BORO,WASHINGTON CO,PA $.18 DIV ON 1,550.SHS PAYABLE 04/25/02 GENERAL ELEC CO COM INT THRU 04/30/02 ARMADA MONEY MKT FD ~507 TRANSFER TO ~P01749004 DOROTHY V.TAYLOR-IRREV.TRUST REP ACCRUED &UNDISTRIBUTED INCOME TO 2/20/02 $.38 DIV ON 100.SHS PAYABLE 05/15/02 PROCTER &GAMBLE CO COM $.18 DIV ON 100.SHS PAYABLE OS/24/02 CITIGROUP INC COM $.15 DIV ON 125.SHS PAYABLE OS/28/02 ALCOA INC COM INCOME CASH 336.04- 279.00 85.21 359.91- 38.00 18.00 18.75 PRINCIPAL CASH 441."23- ASSET CARRYING VALUE I I_I NationaiCily@ STATEMENT OF TRANSACTIONS National City Bank of Pennsylvania PAGE 4 DATE 07/01/02 ACCOUNT NUMBER:PO-0491-00-4 ACCOUNT NAME:D WHITWORTH DEC"D FOR D TAYLOR ADMINISTRATIVE OFFICER:JLS DATE 06/03/02 06/05/02 06/06/02 06/10/02 DESCRIPTION $.23 DIV ON 350.SHS PAYABLE 06/33/02 WYETH COM INT TO 06/01/02 ON 25,000. PETERS TOWNSHIP PA DTD 10-1-97 4.55%DUE 6-1-04 INT THRU 05/31/02 ARMADA MONEY MKT FD #507 RECEIVED PROCEEDS ON CALL OF 25000.000 PAR VALUE PETERS TOWNSHIP PA DTD 10-1-97 4.55%DUE 6-1-04 CORPORATE REORGANIZATION RECD SHS DUE TO SPINOFF HELD SHS OF PROCTER &GAMBLE RECVD UNT ~.0200000;C/V ~.0078789 SMUCKER J M CO COM NEW CORPORATE REORGANIZATION ADJ CV REFLECT CORRECT COST BASIS ALLOCATE JM SMUCKER NEW DUE SPINOFF ADJ CARRY VALUE ~.0078789 PROCTER &GAMBLE CO COM $.13 DIV ON 100.SHS PAYABLE 06/06/02 PFIZER INC COM $.15 DIV ON 50.SHS PAYABLE 06/10/02 INTERNATIONAL BUSINESS MACHS CORP COM INCOME CASH 80.50 568.75 83.42 13.00 7.50 PRINCIPAL CASH 25,000.00 ASSET CARRYING VALUE 25,000.00- 60.70 60.70- ACCOUNT NUMBER:PO-0491-00-4 STATEMENT OF TRANSACTIONS ACCOUNT NAME:D'WHITWORTH DEC'D FOR D TAYLOR ---------------~------------------------------.., National City Bank of Pennsylvania PAGE 5 DATE 07101102 ADMINISTRATIVE OFFICER:JLS DATE 06/10/02 06/24/02 DESCRIPTION $.23 DIV ON 800.SHS PAYABLE 06/10/02 EXXON MOBIL CORP COM $.383333 DIveN 164.SHS PAYABLE 06/10/02 BP PLC SPONSORED ADR COM LESS 10%BRITISH TAX WITHHELD BP PLC SPONSORED ADR COM SOLD 2 SHARES TRADED ON 06/19 @ $34.61 BNY ESI &CO. LESS COMM $.40 SMUCKER J M CO COM NEW INCOME CASH 184.00 62.87 6.29- PRINCIPAL CASH 68.82 ASSET CARRYING VALUE 60.70- 07101102 PURCHASES (2)04/01/02 TO 07/01/02 ARMADA MONEY MKT FD #507 INT THRU 06/30/02 ARMADA MONEY MKT FD fi507 PURCHASES (13)04/01/02 TO 07/01/02 ARMADA MONEY MKT FD #507 SALES (2)04/01/02 TO 07/01/02 ARMADA MONEY MKT FD #507 SALES (2)04/01/02 TO 07/01/02 ARMADA MONEY MKT FD #507 BALANCE THIS STATEMENT 25,068.82-25,068.82 109.99 2,323.48-2,323.48 5,541.23 5,541.23- 695.95 695.95- .00 .00 290,620.79 National City Bank of Pennsylvania National City@ ACCOUNT NUMBER:PO-049l-00-4 ADMINISTRATIVE OFFICER:JLS PAGE 6 DATE 07101/02 ASSET CARRYING VALUE PRINCIPAL CASH INCOME CASH STATEMENT OF TRANSACTIONS ACCOUNT NAME:D WHITWORTH DEC'D FOR D TAYLOR DESCRIPTIONDATE , I I I I I I I I I I I I I I I I I 1 II:1 I I I ARMADA FUNDS ARE NOT INSURED OR GUARANTEED BY NATIONAL CITY OR ANY OF ITS AFFILIATES,THE FDIC OR ANY OTHER FEDERAL OR STATE GOVERNMENT AGENCY OR GOVERNMENT-SPONSORED AGENCY. '4,-.:.\ "".,~ ~~~~~ ~) <~=--, ~,<...\.:;; '"",,1 "'~.~:-~ ,"i-J -~,~ OFFICE OF THE REGISTER OF WILLS AND CLERK OF THE ORPHAN'S COURT WASHINGTON COUNTY WASHINGTON,PENNSYLVANIA 15301 y 1066.71 ~ MISCO 23.00 6 TOTL 23.0D ~~asl1:52APR.12~99~CKECK 23QGB L NE 04 54799