Model Executor Account

MODEL EXECUTOR'S ACCOUNT FIRST AND FINAL ACCOUNT FIRST AND FINAL ACCOUNT OF William C. Doe, Executor For ESTATE OF John Doe, Deceased
Date of Death: Date of Executor's Appointment: Accounting for the Period:	November 14, 1978 November 24, 1978 November 30, 1979
Purpose of Account: William C. Doe, Executor, offers this account to acquaint interested parties with the transactions that have occurred during his administration.
The account also indicates the proposed distribution of the estate.¹
It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with:
	[Name of Executor, Counsel or other appropriate person] [address and telephone number]
[Note: See discussion under Fiduciary Accounting Principle II with respect to presentation of collateral material needed by beneficiaries.]
¹ Optional--for use if applicable.

SUMMARY OF ACCOUNT
	Page	Current Value	Fiduciary Acquisition Value
Proposed Distribution to Beneficiaries¹	645	$102,974.56	$ 90,813.96

Principal
Receipts	636		$160,488.76


Net Gain (or Loss) on Sales or Other Disposition	638		$ 2,662.00

Less Disbursements:
Debts of Decedent	639	$ 485.82
Funeral Expenses	638	1,375.00
Administration Expenses	639	194.25
Federal and State Taxes	639	5,962.09
Fees and Commissions	639	11,689.64	19,706.80
Balance before Distributions			$143,443.96
Distributions to Beneficiaries	641		52,630.00
Principal Balance on Hand	641		$ 90,813.96

For Information:
Investments Made	642
Changes in Investment Holdings	642

Income
Receipts	643		$ 2,513.40
Less Disbursements	643		178.67
Balance Before Distributions			$ 2,334.73
Distributions to Beneficiaries	644		2,334.73
Income Balance on Hand			-0-
Combined Balance on Hand			$ 90,813.96
¹ Optional -- for use if applicable.

RECEIPTS OF PRINCIPAL
Assets Listed in Inventory (Valued as of Date of Death)		Fiduciary Acquisition Value
Cash
First National Bank -- checking account	$ 516.93
Prudent Saving Fund Society -- savings account	2,518.16
Cash in possession of decedent	42.54	$ 3,077.63

Tangible Personal Property:
Jewelry --
1 pearl necklace		515.00
Furniture
1 antique highboy	$ 2,000.00
1 antique side table	60.00
1 antique chair	55.00	2,115.00

Stocks:
200 shs. Home Telephone & Telegraph Co., common	$ 25,000.00
50 shs. Best Oil Co., common	5,000.00
1,000 shs. Central Trust Co., capital	50,850.00
151 shs. Electric Data Corp., common	1,887.50
50 shs. Fabulous Mutual Fund	1,833.33
200 shs. XYZ Corporation, common	6,000.00	90,570.83

Realty:
Residence -- 86 Norwood Road West Hartford, CT		$ 50,000.00
	Total Inventory	$146,278.46

Receipts Subsequent to Inventory (Valued When Received)
2/22/79	Proceeds of Sale -- Best Oil Co., rights to subscribe received 2/15/79	$ 50.00¹
3/12/79	Fabulous Mutual Fund, capital gains dividend received in cash	32.50
5/11/79	Refund of overpayment of 1978 U.S. individual income tax	127.80
9/25/79	From Richard Roe, Ancillary Administrator, net proceeds on sale of oil and gas leases in Jefferson Parish, Louisiana	10,000.00	$ 10,210.30
Adjustment to Carrying Value
Increased value of 200 shs. XYZ Corporation. common stock upon audit of Federal Estate Tax Return:
Adjusted value upon audit		$ 10,000.00
Value per Inventory		[6,000.00]	$ 4,000.00
Total Receipts of Principal			$160,488.76
¹ Proceeds of sale of rights may be treated as an additional receipt, as illustrated here, or may be applied in reduction of carrying value as illustrated on page 646 of the Model Trustee's Account. Either method, consistently applied, is applicable. Note: To facilitate preparation, the accountant may prefer to detail the starting balance by attaching a copy of the inventory as an exhibit. (This would be inappropriate if the inventory is prepared in a form that includes substantial extraneous material or does not list assets in an orderly manner.) The opening entry would then read: "Assets Listed in Inventory per copy attached $146,278.46"

GAINS AND LOSSES ON SALES OR OTHER DISTRIBUTIONS
			Gain	Loss
2/7/79	100 shs. Home Telephone & Telegraph Co., common Net Proceeds Fiduciary Acquisition Value	$ 14,025.00 $ 12,500.00	$1,525.00
3/15/79	1,000 shs. Central Trust Co., capital Net Proceeds Fiduciary Acquisition Value	27,467.00 $ 25,425.00	2,042.00
3/15/79	200 shs. XYZ Corporation, common Fiduciary Acquisition Value Net Proceeds	10,000.00 9,000.00		1,000.00
5/21/79	35 shs. Electric Data Corp., common Net Proceeds Fiduciary Acquisition Value	530.00 437.50	92.50
7/20/79	35 shs. Electric Data Corp., common Net Proceeds Fiduciary Acquisition Value	10,000.00 9,997.50	2.50
	Total Gains and Losses		$ 3,662.00	$ 1,000.00
	Less Loss		1,000.00
	Net Gain		$ 2,662.00

DISBURSEMENTS OF PRINCIPAL
	Debts of Decedent
1/25/79	John T. Hill, M.D., professional services		$ 250.00
4/12/79	State Tax Commissioner, 1978 state capital gains tax		156.00
1/25/79	Thomas Pharmacy, prescriptions		23.82
2/1/79	Sanders hardware, purchases per bill dated 12/15/78		56.00	$ 485.82
	Funeral Expenses
1/10/79	Smith Funeral Home, services		1,200.00
2/15/79	Jones Memorials, grave marker		175.00	1,375.00
	Administration Expenses
11/14/78	Clerk of Court, probate costs		72.00
2/22/79	Henry Smith, appraisal of jewelry and antiques		50.00
11/16/79	Arden, Miles & Solomon, disbursements		56.00
	Various miscellaneous affidavits, registered mail, toll telephone charges and other costs		16.25	194.25
	Federal and State Taxes
8/13/79	State Tax Commissioner, state death tax		2,501.33
8/13/79	Internal Revenue Service, federal estate tax		2,663.29
11/15/79	Internal Revenue Service, U.S. fiduciary income tax for fiscal year ending 7/31/79 (attributable to capital gains)		283.84
11/23/79	Internal Revenue Service, Deficiency in Federal Estate Tax Interest 8/14/79 to 11/24/79	$505.24 8.39	513.63	5,962.09
	Fees and Commissions
11/16/79	Albert Schryver, Esq., fee as Guardain ad litem		375.00
11/16/79	William C. Doe, Executor's principal commission 5% on $50,000 4% on $50,000 3% on $60,488		6,314.64
11/26/79	Arden, Miles & Soloman, attorney's fees		5,000.00	11,689.64
				$19,706.80

DISTRIBUTION OF PRINCIPAL TO BENEFICIARIES
	TO: Janet Doe, in satisfaction of gift under Article FIRST of Will
12/1/78	1 pearl necklace 1 antique highboy 1 antique side table 1 antique side chair	$ 515.00 2,000.00 60.00 55.00	$ 2,630.00
	TO: Janet Doe, in satisfaction of gift under Article SECOND of Will
12/1/78	Residence -- 86 Norwood Road West Hartford, CT		50,000.00
	Total Distributions of Principal to Beneficiaries		$ 52,630.00

PRINCIPAL BALANCE ON HAND
		Current Value 12/10/79 or as noted	Fiduciary Acquisition Value
Cash		$5,305.63	$5,305.63
Stocks:
50 shs.	Best Oil Co., common	4,500.00	5,000.00
1,000 shs.	Central Trust Co., capital -- value at most recent sale, 9/18/79	32,168.76	25,425.00
116 shs.	Electric Data Corp., common -- not traded, value per company books, 12/29/78	1,684.00	1,450.00
50 shs.	Fabulous Mutual Fund	4,016.17	1,833.33
200 shs.	Home Telephone & Telegraph Co., common	16,000.00	12,500.00
$40,000	U.S. Treasury Bills due 12/14/79	39,300.00	39.300.00
		$102,974.56	$90,813.96

INFORMATION SCHEDULE -- PRINCIPAL
			Cost
	Investments Made
2/1/79	$10,000 U.S. Treasury Bonds, 3% Less accrued interest collected 6/29/79	$10,022.50 25.00	$ 9997.50
9/14/79	$40,000 U.S. Treasury Bills, due 12/14/79		39,300.00
	Changes in Investment Holdings Central Trust Co.
11/14/78	1,000 shs. Capital stock, par $5 inventoried		$50,850.00
1/15/79	1,000 shs. additional received in 2-1 split, _____ par reduced to $2.50 2,000 shs. par $2.50 carried at		50,850.00
3/15/78	1,000 shs. sold, carried at _____ 1,000 shs. remaining, carried at		25,425.00 $25,425.00
	Home Telephone & Telegraph Co.
11/14/78	200 shs. common par $10, inventoried		$25,000.00
2/7/79	100 shs. sold, carried at 100 shs. remaining, carried at		12,500.00 12,500.00
3/30/79	100 shs. additional received in 2-1 split, ____ par reduced to $5 200 shs. par $5 carried at		$ 12,500.00

RECEIPTS OF INCOME
Dividends
Best Oil Co., common 1/2/79 to 10/2/79 -- 50 shs.		$ 20.00
Central Trust Co., common 1/15/79 -- 2,000 shs. 4/13/79 to 10/15/79 -- 1,000 shs.	$600.00 900.00	1,500.00
Electric Data Corp., common 12/29/78 to 3/30/79 -- 151 shs. 6/29/79 to 9/28/79 -- 116 shs.	30.20 23.20	53.40
Fabulous Mutual Fund 3/12/79 to 9/12/79 -- 50 shs.		140.00
Home Telephone & Telegraph Co., common 2/1/79 -- 200 shs. 5/1/79 to 11/1/79 -- 200 shs. (after stock split)	225.00 450.00	675.00	$ 2,388.40
Interest
U.S. Treasury Bonds, 3% due 7/1/82 6/29/79 -- $10,000 Less: accrued interest paid on purchase 2/1/79	150.00 (25.00)	125.00	125.00
Total			$ 2,513.40

DISBURSEMENTS OF INCOME
11/15/79	U.S. Fiduciary Income Tax for fiscal year ended 7/31/79 (allocable to income)	53.00
	To be Paid:
	William C. Doe -- Executor's income commission 5% on $2,513.40	125.67
		$ 178.67

DISTRIBUTIONS OF INCOME TO BENEFICIARIES
	TO: William C. Doe, Trustee under Article FOURTH (A) for Walter Doe
11/16/79	Cash		$1,167.37
	TO: Sharon Doe
11/16/79	Cash		1,167.36
		Total	$ 2,334.73

PROPOSED DISTRIBUTION TO BENEFICIARIES
		Current Value 12/10/79 or as noted	Fiduciary Acquisition Value
Per Article FOURTH (A) of Will: TO: William C. Doe, Trustee for Walter Doe
25 shs.	Best Oil Co., common	$2,250.00	$2,500.00
500 shs.	Central Trust Co., capital	16,084.38¹	12,712.50
58 shs.	Electric Data Corp., common	842.00²	725.00
25 shs.	Fabulous Mutual Fund	2,008.09	916.67
100 shs.	Home Telephone & Telegraph Co., common	8,000.00	6,250.00
$20,000 U.S. Treasury Bills, due 12/14/79		19,650.00	19,650.00
Cash		2,652.81	2,652.81
		$51,487.28	$45,406.98
Per Article FOURTH (A) of Will: TO: Sharon C. Doe
25 shs.	Best Oil Co., common	$2,250.00	$2,500.00
500 shs.	Central Trust Co., capital	16,084.38¹	12,712.50
58 shs.	Electric Data Corp., common	842.00²	725.00
25 shs.	Fabulous Mutual Fund	2,008.09	916.67
100 shs.	Home Telephone & Telegraph Co., common	8,000.00	6,250.00
$20,000 U.S. Treasury Bills, due 12/14/79		19,650.00	19,650.00
Cash		2,652.81	2,652.81
		$51,487.28	$45,406.98
Total		$102,974.56	$90,813.96
¹ Central Trust Co. -- valued at most recent sale, 9/18/79. ² Electric Data Corp. -- not traded, valued per company books, 12/29/78

WILLIAM C. DOE, Executor under the last Will and testament of JOHN DOE, deceased, hereby declares under oath [penalties of perjury] that he has fully and faithfully discharged the duties of his office; that the foregoing First and Final Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the estate have been paid in full; that, to his knowledge, there are no claims now outstanding against the Estate; and that all taxes presently due from the estate have been paid.
	__________________________________ /s/ WILLIAM C. DOE Executor
Subscribed and sworn to by WILLIAM C. DOE before me this _______ day of _______, 19_____. __________________________ Notary Public Execution under oath before a notary or under penalty of perjury is optional, depending on rules of the local jurisdiction.

MODEL TRUSTEE'S ACCOUNT FIRST AND FINAL ACCOUNT For the "Marital Trust" Established under the Will of John H. Doe, Deceased Stated by UPSTANDING TRUST COMPANY, Surviving Trustee and Mary W. Doe (Deceased Trustee Died December 30, 1977) presented on her behalf by UPSTANDING TRUST COMPANY as Executor of her Will
John H. Doe, Died Date of Trustees' first receipt of funds Account Stated for the Period	January 30, 1965 February 11, 1967 February 11, 1967 to June 15, 1979
Purpose of Account: The Trustees offer this account to acquaint interested parties with the transactions that have occurred during their administration of the trust. It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with:
	[Name of Trustee, Counsel or other appropriate person] [address and telephone number]
Note: See discussion under Fiduciary Accounting Principal II with respect to presentation of collateral material needed by beneficiaries.

SUMMARY OF ACCOUNT

Page Current
Value Fiduciary Acquisition
Value

¹Proposed Distribution to Beneficiaries 655 $293,572.79 $261,006.44

Principal

Receipts 648 $158,259.02

Net Gain (or Loss) on Sales or Other
   Disposition 649
$113,549.47

$271,808.49

       General Disbursements 651 $77.36

       Fees 651       4,300.00       4,377.36

Balance before Distributions $267,431.13

Distributions to Beneficiaries 651     10,703.79

Principal Balance on Hand 651 $256,727.34

For Information:

       Investments Made 652

       Changes in Investment Holdings 652

Income

Receipts (see note on Page 654 about waiver) 654 $    5,907.25

Less Disbursements 654          227.96

Balance Before Distributions

$    5,679.29

Distributions to Beneficiaries 654       1,400.19

Income Balance on Hand
654

$    4,279.10

Combined Balance on Hand $261,006.44

¹ Optional -- for use if applicable.

RECEIPTS OF PRINCIPAL
Assets Awarded to the trustees by adjudication dated January 30, 1967, of Smith, J., Upon the First Account of the executors and the schedule of distribution pursuant thereto:
1.	Premises 789 Main Street, Media, PA	$10,000.00
2.	$7,000 face value, Bethlehem, PA General Bonds 1.75%, due 4/1/1968	6,965.00
3.	$20,000 face value, Ohio Turnpike Commission Project One bonds 3.25%, due 6/1/2000	18,025.00
4.	352 shs. American Telephone & Telegraph Co., capital	54,340.00
5.	703 shs X Y Z & Co., common	67,663.75
6.	5 shs. Southwest Rodeo Oil Co., common	1.00
7.	Checking account, Upstanding Trust Company	264.27	$157,259.02
Other Receipts: 3/15/67 Adjustments of Sewer Assessment			1,000.00	$158,259.02
Note: To facilitate preparation the accountant may prefer to detail the starting balance by attaching as an exhibit a copy of the closing balance from the last account, schedule of assets in the deed, etc., as appropriate. The opening entry would then read: "Assets awarded by adjudication dated January 30, 1967, of Smith J., upon the First Account of the executors per schedule of distribution pursuant thereto, copy attached $157,259.02"

GAINS AND LOSSES ON SALES OR OTHER DISTRIBUTIONS
				Gain	Loss
7/2/67	103 shs. X Y Z & Co., common Net Proceeds Fiduciary Acquisition Value		$ 25,614.54 $ 9,913.75	$ 15,700.79
7/11/67	5 shs. Southwest Rodeo Oil Co., common Company declared bankrupt Fiduciary Acquisition Value		0.00 1.00		$ 1.00
4/6/68	100 shs. X Y Z & Co., common Net Proceeds Fiduciary Acquisition Value		22,226.25 9,625.00	12,601.25
12/29/74	$20,000 face value, Ohio Turnpike Commission Project One bonds due 6/1 Net Proceeds Fiduciary Acquisition Value		18,450.00 18,025.00	425.00
6/19/78	500 shs. X Y Z & Co., common Net Proceeds Fiduciary Acquisition Value		56,337.21 1.00	56,336.21
8/9/78	$50,000 Commercial Credit Co., demand note Repaid Fiduciary Acquisition Value		50,000.00 50,000.00
9/22/78	852 shs. American Telephone & Telegraph Co., capital Net Proceeds Fiduciary Acquisition Value		39,503.92 19,816.70	19,687.22
11/17/78	Premises 789 Main Street, Media, PA Sold receiving Purchase Money Mortgage Cash Total		15,000.00 5,000.00 20,000.00
	Less expense of Sale: Commission Transfer Tax Balance	$ 1,000.00 $ 200.00	$ 1,200.00 $18,800.00
	Fiduciary Acquisition Value		10,000.00	$ 8,800.00
	Total Gains and Losses			$113,550.47	$ 1.00
	Less Loss			1.00
	Net Gain			$113,549.47
11/17/78	$70,000 U.S. Treasury Bills Matured Fiduciary Acquisition Value		70,000.00 70,000.00

DISBURSEMENTS OF PRINCIPAL
General Disbursements
5/15/78	Fire Insurance, 789 Main Street, Media PA		$ 50.00
6/15/79	Reimbursement to Smith, Jones and Brown, Esquires, for Miscellaneous expenses, 2/11/67 to date: Postage and Insurance Telephone	$ 26.21 1.15	27.36
	Total		$ 77.36
Fees
6/15/79	Smith, Jones and Brown, Esquires, Attorneys' Fee		$ 4,300.00
			$ 4,377.36

DISTRIBUTION OF PRINCIPAL TO BENEFICIARIES
	TO: Mary W. Doe
7/1/67	$7,000 face value Bethlehem, PA. General bonds 1.75%, due 4/1/75	$ 6,965.00
7/2/67	Cash	238.79	$ 7,203.79
	TO: XYZ Charity
5/4/79	Advance distribution, cash		3,500.00
	Total Distributions of Principal to Beneficiaries		$ 10,703.79

PRINCIPAL BALANCE ON HAND
	Current Value 12/10/79 or as noted	Fiduciary Acquisition Value
$20,000 face value, Indiana Toll Road Commission East/West Revenue Bonds, 3.5%, due 1/1/2002	$ 13,600.00	$ 17,275.00
1,260 shs. American Telephone & Telegraph Company, capital	57,015.00	29,306.40
680 shs. A B C Corp., common	56,355.00	48,124.00
Mortgage, 789 Main Street, Media, PA, face amount $15,000 reduced to	14,750.00	14,750.00
$120,000 face value, A B C Corp., demand note	120,000.00	120,000.00
Checking account, Upstanding Trust Company	27,271.94	27,271.94
Total	$288,991.94	$256,727.34

INFORMATION SCHEDULE -- PRINCIPAL
				Cost
	Investments Made
12/28/74	$20,000 Indiana Toll Rd. Comm. East/West Revenue Bonds, 3.5%, due 1/1/2002 Bought at face value			$ 17,275.00
6/29/78	$50,000 Commercial Credit Co., demand note			50,000.00
8/18/78	$70,000 U.S. Treasury Bills due 11/19/78			68,000.00
9/28/78	$120,000 A B C Corp., demand note			120,000.00
	Changes in Investment Holdings
2/11/67	American Telephone & Telegraph Company, common
2/11/67	352 shs. awarded		$ 54,340.00
4/24/67	704 shs. received in three for one split 1,056 shs. carried at		0.00 54,340.00
3/22/69	1,056 rights to subscribe to additional stock sold for		1,484.41¹ 52,855.59
3/12/72	1,056 rights to subscribe to additional stock sold for		2,507.00 50,348.59
6/22/72	1,056 shs. received in two for one split 2,112 shs. carried at		0.00 50,348.59
5/5/78	2,112 rights to subscribe to additional stock sold for		1,225.49¹ 49,123.10
9/22/78	852 shs. sold for Less Gain on Sale	$39,503.92 19,687.22	19,816.70
	1,260 shs. carried at		29,306.40
	X Y Z & Co., common
2/11/67	703 shs. awarded		$67,663.75
7/2/67	103 shs. sold for Less gain on sale 600 shs. carried at	$25,614.54 15,700.79	9,913.75 $57,750.00
4/6/68	100 shs. sold for Less gain on sale 500 shs. carried at	$22,226.25 12,601.25	9,625.00 $48,125.00
7/9/70	250 shs. A B C Corp., common received @ 47.6875 in one-half for one divestment distribution		11,921.88 $36,203.12
1/6/72	180 shs. A B C Corp., common received @ 79 in a 0.36 share for one divestment distribution		14,220.00 $21,983.12
1/4/73	²250 shs. A B C Corp., common received @ 96.0625 in a one-half for one divestment distribution, normally $24,015.62, of which the following was applied to account value.		$ 21,982.12 1.00
6/19/78	500 shs. sold for Less gain on sale 0 No Longer held	$56,337.21 56,336.21	1.00 $ 0.00
	A B C Corp., common
7/9/70	250 shs. received in distribution on 500 shs. X Y Z & Co., common		$11,921.88
1/6/72	180 shs. received in similar distribution 430 shs. carried at		14,220.00 26,141.88
1/4/73	250 shs. received in similar distribution		21,982.12
6/15/79	34 shs. received as 5% stock dividend, transferred to income 680 shs. carried at		$ 48,124.00
	789 Main Street, Media, PA
2/11/67	Awarded		$10,000.00
11/17/78	Sold for purchase money mortgage of $15,000 and cash of $5,000 Less settlement costs itemized in principal account Balance Less Gain on sale No Longer Held	$20,000.00 1,200.00 18,000.00 8,800.00	$10,000.00 $ 0.00
	Mortgage on 789 Main Street, Media, PA
11/17/78	$15,000 mortgage received on sale of said premises		$15,000.00
6/15/79	250 principal received on account $14,750 balance remaining		250.00 $ 14,750.00
	Southwest Rodeo Oil Co., common
12/11/67	5 shs. Awarded		$1.00
7/11/67	____ Company Declared Bankrupt 0		1.00 0.00
^1. Proceeds of sale of rights may be applied in reduction of carrying value as illustrated here, or may be treated as an additional receipt, as illustrated on page 634 of the Model Executor's Account. Either method, consistently applied, is acceptable [²] This example is included to illustrate treatment of a case where the value of distribution exceeds carrying value.

RECEIPTS OF INCOME
Waiver of Income Accounting An income accounting having been waived for the period February 11, 1967 to May 30, 1979, a limited schedule of receipts of income follows:
6/1/79	Balance per last income statement rendered	$ 1,773.25
	Dividends
6/8/79	ABC Corp. on 680 shs.	578.00
6/15/79	34 shs. ABC Corp. -- 5% stock dividend [@] $79.00	$ 2,686.00
	Interest
6/1/79	Indiana Toll Road Commission	350.00
6/15/79	ABC Corp., demand note Total Income Receipts	520.00 $ 5,907.25

DISBURSEMENTS OF INCOME
6/1/79	Patrick Green, tax collector, 1979 personal property tax	$155.56
6/15/79	Upstanding Trust Co., -- 5% commission on income collected 3/30/79 -- 5/31/79	72.40	$227.96

DISTRIBUTIONS OF INCOME TO BENEFICIARIES
6/1/79	TO: Upstanding Trust Co., executor under the will of Mary W. Doe deceased, on income arising before 1/1/1978 Cash	$650.19
11/16/79	TO: XYZ Charity Cash	750.00	$ 1,400.19

BALANCE OF INCOME ON HAND
		Current Value	Fiduciary Acquisition Value
6/15/79	Cash	$1,593.10	$1,593.10
6/15/79	34 shs. A B C Corp., common	2,987.75	2,686.00
		$ 4,580.85	$ 4,279.10

PROPOSED DISTRIBUTION TO BENEFICIARIES
Per Article FIFTH of Will: Mary W. Doe not having exercised her general power of appointment granted to her over the assets of the Marital Trust, the entire fund on hand is to be distributed pursuant to the terms of article FIFTH of the Will to XYZ charity.
PRINCIPAL
		Current Value	Fiduciary Acquisition Value
$20,000 face value, Indiana Toll Road Commission East/West Revenue Bonds, 3.5%, due 1/1/2002		$13,600.00	$17,275.00
1,260 shs. American Telephone & Telegraph Company, capital		57,015.00	29,306.40
680 shs. ABC Corp., common		56,355.00	48,124.00
Mortgage, 789 Main Street, Media, PA, face amount $15,000, reduced to		14,750.00	14,750.00
$120,000 face value, ABC Corporation demand note		120,000.00	120,000.00
Checking account, Upstanding Trust Company		27,271.94	27,271.94
Total Principal		$288,991.94	$256,727.34
INCOME
6/15/79	Cash	$1,593.10	$1,593.10
6/15/79	34 shs. ABC Corp.	2,987.75	2,686.00
Total Income		$4,580.85	$4,279.10
Combined Total		$293,572.79	$261,006.44

WALTER TRUST, Vice President of Upstanding Trust Company, Surviving Trustee under the Will of JOHN H. DOE and Executor under the Will of Mary C. Doe, Deceased, Trustee under the Will of John H. Doe, hereby declares under (oath)¹ (penalties of perjury) that said Trustees have fully and faithfully discharged the duties of their office; that the forgoing First and Final Account is true and correct, and fully discloses all significant transactions occurring during the accounting period; that all known claims against the trust have been paid in full; that, to his knowledge, there are no claims now outstanding against the trust; and that all taxes presently due from the trust have been paid.
	__________________________________ WALTER TRUST
Subscribed and sworn to by WALTER TRUST before me this ______ day of _______, 1980 _________________________ Notary Public
¹ Execution under oath before a notary or under penalties of perjury is optional, depending on rules of the local jurisdiction.