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SPECIAL ANNOUNCEMENTS.

THE WILL AND THE 1 ' WAY. -.SPECIAL INYEBTMEKT OP ESTATE FUNDS. J When the Publio Trustee is • directed by a will or trust instrument to invest the moneys of any estate or trust outside the 1 Common Fund, ho takes every care to secure tho best available safe investment. Although the State guarantee does not apply io such investments, the Publio Trustee eaeroises. all the caro that a private trustee would exercise, and is liable for loss to the earns extent as a private trustee. Until a suitable investment ie found, a Common Fund mortgage is allocated from the Ist of the: month following tho repoipt of >' the funds and the interest therefrom is credited to the f state. , . The Publio Trustee has special facilities tot the investment of funds in mortgages or local body i debentures. , , Where funds are specially in- . tested by the Publio Trustee exaetly the eame rate of interest . I is obtained by tho BeneficMriw as would be obteiend by a private , i .., trustee in similar circumstances. / » "For information apply to •A. E. JORDAN, District Publio Trustee. Caristenureh, E—l3

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19241115.2.86

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume LX, Issue 18231, 15 November 1924, Page 12

Word count
Tapeke kupu
185

SPECIAL ANNOUNCEMENTS. Press, Volume LX, Issue 18231, 15 November 1924, Page 12

SPECIAL ANNOUNCEMENTS. Press, Volume LX, Issue 18231, 15 November 1924, Page 12

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