Page 1 Advertisements Column 5

Feilding Star, Volume XV, Issue 220, 23 January 1894, Page 1

[ THE Public Trust Office c? New Zealand is a <;ov>n;nh-nt 1 inst.tutiou to atford, at low rates Of Commission, a hecuru and convenient rccoursu for those who, tlosiious of tunning trusts in tlio colony, cannot hutUfuctorily apl>'.>int privato trtistix-i- or executors, u.nl lor luusons umi lilt; or lui'villiny to uutlurtiiku or | coutiuuo the tulniinistra; ion of tlio trusts accoi>tod oy or imposed uiion them. The Public Trust Office, constituted l>y "Tlio Puldic Trust OlTico Act, 1872," lias Licou sinco much cnluigcd in its functions by amending Acts, to uiuci growing requirements. Tlio Amendment Act of 1891 facilitates administration, authorises prompt distribution, provides absolute security against loss to estates from In vestment* at the discretion of tho l'ublic Trustee, and insures the regular payment of the interest. The Security and Fidelity of the Pub. lie Truatee'B administration must b,e considered of tho utmost importance to every person contemplating the appointment o{ ft trustee. Tho colony guarantees the fidelity of the administration, and Cuarantees also the Integrity of the Capital Funds invested at the option of tho I'ublic Trustee. The Colony Guarantees also, on the capital funds arising for investment out of the properties placed in tlio Public Trust Office, a common rato 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 w>m from investments in bad or Insufficient eeouritios, and against loss from dolay in investment, and for the regular and punctual payment of tlio interest, free of all charges of the Public Trust Office. In the appointment of Trustees thero must always be SerlOUS concern as to the security of the capital funds; aud the larger tho capital funiU tho greater must be the concern tor security, and tho less for a high rato of intorost. Tho Public Trustee cannot die, cannot leave tho colony, cannot become rtlßquulillod, or involved iv private difficulties; and cannot be distrusted. Iv private trusteeships, doath and ahsenoe render necessary niunovous and expensive dooils not rofiuivcil l>v Public Trustee's adiiiiiiistratioii. which lias, bosidos, tho offiM solicitor's advieo without oxponso to tb« estates, hy nil who know or liavo experience* tli«! contingencies of private trusteoships the** advantages must be appreciated. Tor further information apply to the Acenfcl of or to The Public Trustee, Wot* linuton. XT7 ANTED KNOWN— Just rei t V ceived at Stau Uiiice, a beautiful assortment of German Uall Programmes, Prize Cards, &c.