HomeMy WebLinkAbout0393 Estate of Ida Swan Page Two '
Proposed distribution (continued) '
~
~ E
Fort Pierce, Florida, legally described as:
E 75 ft.~ Lot 8, Maravilla Gardens S/D, .
Unit 1, St. Lucie Co.
(Distributed to Hecman F. Urban and Charles E. .
Urban as tenants in common) 11, 450 . OQ
~ ~61,835.75
Principal Cash $ ~ .00
_ Income will be distributed in accordance with distribution of ~
securities upon which said income was received, subiect to the followinq: _
1. Ad~ustment of $169.00 in favor. of Heiman Urban representinq
the amount of proceeds from sales of securities from his {
share ($6, 286:92) which exceeds Charles Urban's cash =
contribution 6,117 . 92) .
2. Less fees awarded to the Estate of Charles E. Becht,
_ Esquire, and Chester B. Griffin, Esquire, as attorneys
for the Estate, and First National Bank of Fort Pierce
: as Personal Representative.
0
3. Division between or sale to the beneflciaries, or sale on
market of odd shares not divisable, as follows:
a. 1 share, Charter New York Corp. @$24. 50
b, 1 share, Northeast Utilities @$10. 50
c. 1 share, United Illuminating Co. @$24.87 ~
~
~ t
in accordance with desire of beneficiades . ~
~
~
4. All income received by the Estate was retained for payment ;
of expenses at the request of the beneficiarles. It is taxable
~
~ ~to the beneficiaries as ordinary income.
. ~ t
- Respectfully submitted, .
FIRST NATIONAL BANK OF FORT
4 PIERCE as Personal Representative
0
~ ~ of the ESTATE OF IDA SWAN
~
s
~ - ~
~ BY :
~ . A1 en Harris, Vice President ~
~ and Trust Officer
i '
Proof of distribution in kind: .
8 f
E Value of distribution to Herman F.. Urban $ 55, 721. 25
~ Value of distribution to Charles E. Urban - 61,835.75 '
~ Value of odd shares Sg , g~
~ Value, total investments per accounting
dated August 15, 1977 $117 , 616. 87
~
t CaRpED ~8~1~ i
` f 11.~d ~01E11tt'~ f t~.
~ st' aOGER 4~~t ~~~pt
~ C1.~RK.~c~f E~~
;
€ p~'~~_ _ _ o ~
la it ~a soo~27~ P~ 39~2
8
a
~
,
~x . _
~ ~ -
~ _