Page 4 Advertisements Column 4

Akaroa Mail and Banks Peninsula Advertiser, Volume VI, Issue 579, 31 January 1882, Page 4

rpHE PUBLIC TRUST OFFICE. GUARANTEED BY THE STATE. Although this office has been in existence for a period of more than seven years, it is believed that the objects for which it was established are not sufficiently understood. It is desired to set forth in a concise form information respecting the business which this office undertakes:— 1. Tbe charge of all kinds of money trusts, such as Marriage Settlements, moneys to be invested for the ■ enefit of Minors, moneys bequeathed for charitable objects, moneys the title to which is in dispute, or whoso legal owner is unknown or cannot be found, &c, &c. 2. Tbe administration of the. wills of persons who by appointing the Public Trustee as their executor secure the guarantee of the State for the due fulfilment of their wishes, and to avoid the risk consequent on the appointment of private persons as executors, who not unfrequently, though earnestly desirous of acting for the benefit of parties interested, fail to carry out legally the objects for which they were appointed, and consequently involve themselves and those whose interests tbey are striving to protect in costly and harassing litigation. 3. The administration of all estates of which no disposition has been made by will, whenever relatives do not wish to incur the responsibility of administration, or cannot from any cause obtain the necessary power to act. In such cases it is the duty of the Public Trustee to discharge all legal debts so far as the assets extend, and divide the residue amongst tbe next of kin. 4.-. The administration of the estates of lunatics, lunatic patients, and convicts. 5. The charge of all lands lying waste and unoccupied of which tbe owner is unknown, or who has been absent from the colony for ten years, having left no known agent. The cost of administering estates is very small. Information may be obtained from all agents. It. C. HAMERTON, Public Trustee.

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