Schedule of Distribution
TRUST UNDER DEED OF GEORGE S. DUNN, (DECEASED) DATED FEBRUARY 28, 1975
SCHEDULE OF DISTRIBUTION
In accordance with the First Account of Mary A. Dunn and I. M. Trustworthy, Esq., Trustees, stated to October 24, 1999:
PRINCIPAL
Balance of Principal per Account | $1,002,020.51 | |
To which add: | ||
Increase in value of securities reappraised as of October 23, 1999, per Schedule "A" attached: | ||
Reappraised Value | $ 512,312.50 | |
Account Value | 498,203.50 | 14,109.00 |
TOTAL | $1,016,129.51 |
Which is awarded as follows: | ||
To: Mary A. Dunn and I. M. Trustworthy, Esq., Trustees Under Deed of Trust of George S. Dunn dated February 28, 1975 - Marital Trust (40.9524%) | ||
Tax Cost | ||
$40,000 U.S. Treasury Note, 6.5%, due 4/30/2003 | $ 40,002.00 | $ 40,450.00 |
FORWARD | $ 40,450.00 |
Tax Cost | |||
$40,000 U.S. Treasury Note, 6.5%, due 8/15/2003 | $ 39,704.00 | 40,512.50 | |
$40,000 U.S. Treasury Note, 6.75% due 6/30/2002 | 39,875.00 | 41,137.50 | |
$40,000 U.S. Treasury Note, 6.875% due 7/31/2002 | 40,000.00 | 41,325.00 | |
$40,000 U.S. Treasury Note, 6.985% due 3/31/2003 | 39,700.00 | 41,500.00 | |
122,857.200 shares Vanguard Admiral U.S. Treasury Portfolio | 122,857.20 | 122,857.20 | |
Cash | 88,347.31 | $ 416,129.51 |
To: Mary A. Dunn and I. M.
Trustworthy, Esq., Trustees, Under Deed
of Trust of George S. Dunn dated
February 28, 1975 - Residuary Trust
(59.0476%)
Tax Cost | ||
$60,000 U.S. Treasury Note, 6.5% due 4/30/2003 | $ 60,004.00 | $ 60,675.00 |
$60,000 U.S. Treasury Note, 6.5% due 8/15/2003 | 59,556.00 | 60,768.75 |
$60,000 U.S. Treasury Note, 6.75% due 6/30/2002 | 59,812.50 | 61,706.25 |
$60,000 U.S. Treasury Note, 6.875% due 7/31/2002 | 60,000.00 | 61,987.50 |
FORWARD | $ 245,137.50 |
FORWARD | $ 245,137.50 | $ 416,129.51 | |
Tax Cost | |||
$60,000 U.S. Treasury Note, 6.875% due 3/31/2003 | $ 59,550.00 | 62,250.00 | |
177,142.800 shares Vanguard Admiral U.S. Treasury Portfolio | 177,142.80 | 177,142.80 | |
Cash | 115,469.70 | 600,000.00 | |
TOTAL | $1,016,129.51 |
INCOME
Balance of Income per Account: | $ 309.00 |
Which is awarded as follows: | |
To: Mary A. Dunn and I. M. Trustworthy, Esq., Trustees Under Deed of Trust of George S. Dunn dated February 28, 1975 - Marital Trust | |
Cash | $ 309.00 |
TOTAL | $ 309.00 |
SCHEDULE A - REAPPRAISAL OF ASSETS
Account Value | Value as of 10/23/99 | |
$100,000 U.S. Treasury Note, 6.5%, due 4/30/2003 | $ 100,006.00 | $ 101,125.00 |
$100,000 U.S. Treasury Note, 6.5%, due 8/15/2000 | 99,260.00 | 101,281.25 |
$100,000 U.S. Treasury Note, 6.75%, due 6/30/2002 | 99,687.50 | 102,843.75 |
$100,000 U.S. Treasury Note, 6.875%, due 7/31/2002 | 100,000.00 | 103,312.50 |
$100,000 U.S. Treasury Note, 6.875%, due 3/31/2000 | 99,250.00 | 103,750.00 |
TOTAL | $ 498,203.50 | $ 512,312.50 |
ESTATE OF GEORGE I. DUNN, DECEASED
CERTIFICATION
I hereby certify that the foregoing Schedule of Distribution is correct and in conformity with the Adjudication filed and that due notice of the filing thereof was given to the parties-in-interest by mailing the attached notice letter to their last known address as required by Rule 6.11 C. of the Court.
Justus Trustworthy, Esquire
Examples are for different matters used for form only, but whether Schedule is prepared by counsel or fiduciary, it must be certified and notice given in conformity with the Rules of Court.