JUtixiiic-K.u Koticcn -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 tbo objects for which it was established are not sufficiently understood. It is desired to set forth in a concise form information respecting the buaj|ess which this oil cc undertakes:— 1. The charge of all kinds of money trusts, such as Marriage Settlements, moneys to be invested for the i enefit of Minors, moneys bequeathed for charitable objects, moneys the title to which is in dispute, or whose legal owner is unknown or cannot be fou id, &v., &c. 2. The administrn'ion of the wills of persons wlr in , :• ;<■ ..-tin , -- < ii..- j/'ut'iic | i Tm>'!M' ■'.*■■ ; ; ; : !/ ji ;vi<.'utor hccurts Liie gUiiLaiit.ee of the :-t:iie for the due fulfilment of their wishes, find to avoid the risk consequent on the appointment of private persons as executors, who not urifrequcntly, though earnestly desirous of acting for the benefit of parties interested, foil to carry out legally the objects for which they were appointed, and consequently involve themselves and those whose interests they 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 the next of kin. 4. The administration of the estates of lunatics, lunatic patients, and convicts. 5. The charge of all lands lying waste ar.d unoccupied of which the 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. R. C. HAMERTON, Public Trustee.
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https://paperspast.natlib.govt.nz/newspapers/AMBPA18820203.2.13.4
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Akaroa Mail and Banks Peninsula Advertiser, Volume VI, Issue 580, 3 February 1882, Page 4
Word count
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665Page 4 Advertisements Column 4 Akaroa Mail and Banks Peninsula Advertiser, Volume VI, Issue 580, 3 February 1882, Page 4
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