"fHE Public Trust Office of KSew Zealand i= a ciovcrmiuMit I ni.-t.UUiou to nttoril, at lOW rat 63 Of j commission, ■<■ bccuic and ct/»ivo«iout irv_uiirs>c for thosu who, di'siroiis of fttrmiirj '.Mihth in tlio colony, i-iinnnt satisfactorily aplioiiit I'iiviitc tr.i.-tfi-s or excrutors, n:i'l for ' i i.rsons nniiblu or nmvilliiiß Id iiii''.>-itj.ko or j lontinuo tlio iiiliiiii)i>tiaiit>ii i>l' tlio mints ucct'l'tod by or imiiosi-tl uiion them. The Public Trust Office, constituted l>y "Tlio Public Trust. OtUec Art, 1872," has Uudii since mucli en In rued in its functions by uinomliii),' Acts, to n.oot uruwing vecjuirouioiits. Tlio Anieiiduient Act of lsUl facilitates aduiinistration, autlioriscs prompt distribution, provides absolute security against loss to estates from investment* at the discretion ol the lublic lrustco, und insures tbe regular payment of tho intwost. Tlio Security and Fidelity of the Public Trustee's administration must bo considered of tlio uttiiost importance to overy person contemplating tbe appointment of a trustee. Tlio colony guarantees the fidelity of tho administration, ami Guarantees also the Integrity of the Capital Funds invested nt tho option of tho I'ublic Trustee. Tlio Colony Guarantees also, on the capital funds arisim; fur investment out of tho proportins placed in tlio I'ublic Trust Otlice, t, common mto of interest, to bo paid quarterly, Free of all charges of the Public Trust Office. The value of this guarantee is in the Guarantee of the Colony against loss from investments in bad or tnsuilicient securities, and against loss from delay in iuvestmeut, and for tho regular and punctual payinunt of tbo int ores t, free of all charges of the Public Trust Office- In the appointment of Trustees there must always bo serious concern as to the security of the capital funds; and the larger tho capital fund.-, tho creator must be the concern for senility, and the less for a hipli rato of interest, ' The Public Trustee cannot die, cannot leave the. c.liiiy, cannot become disijmtliiVil, or invi>lv nl in private diineulties; nnd cannot be distrusted. In private, trusteeships, death and absence render necessary numerous and exponsire deeds not required by I'ublic Trustee's administration, which has, besides, the offls© solicitor's advice without expense to tha j-statos. Jly ail who know or have experienced Uie contingencies of private trusteusliii'-J tlieM ndvantases must be ni>preciated. For further information apply to the Agents of or to The PnljSic Trusteo B W©^» iinsslan. V& " A X T ED K l\ uV.>: — J ii - r , ?: c ■ » V ccived at Stau Ollico, ;i L.autiful assortment of (.icnn;ui Uuli
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Bibliographic details
Feilding Star, Volume XV, Issue 219, 20 January 1894, Page 1
Word Count
416Page 1 Advertisements Column 5 Feilding Star, Volume XV, Issue 219, 20 January 1894, Page 1
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