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and loss, which the Estate and/or the Administratrix
may hereafter suffer or pay by reason of any claims
against the Estate or the Administratrix or as a result
of the disbursement of said funds of the Estate in
payment of professional fees and hereby agree to repay
any and all amounts received that are determined by a
court of proper jurisdiction to be returnable to the
Estate.
Edward J. Reardon Jr. and John T. Lynch Jr. do(es)
hereby further agree(s) to provide legal representation
or the reasonable cost thereof to defend against any
claim which may be brought against the Estate or the
Administratrix as a result of the disbursement of such
fees including all incidental costs relating thereto.
IN WITNESS WHEREOF we have hereunto set our hand
and seal dated as of this 10th day of April, 1980.
/s/
Edward J. Reardon, Jr.
/s/
John T. Lynch Jr., Esquire
Sometime prior to April 29, 1980, an account was opened in
the name of the estate at Kidder, Peabody & Co. in Philadelphia.
The securities remaining in the safety deposit box were again
inventoried and transferred to the Kidder, Peabody account. On
April 29, 1980, Mary Orlando, as administratrix of the estate,
authorized Lynch, as her agent, to buy, sell, and trade in the
securities in the estate's Kidder, Peabody account.
At about the same time the estate opened its account at
Kidder, Peabody, Lynch and Reardon also opened their own personal
accounts at Kidder, Peabody. Those accounts were used to
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Last modified: May 25, 2011