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*fHE public Trust Office o? New Zealand is a (iovcnnnunt m-t.tiuu-ii to uiioid, lit low rates of I commission, a secure ami conv. nil hi recoil i-so for tho^o «li<>, (U'siroiis of t'inniiii; trust* in tlii; colony, ■•:ii;ii;it mtisfiuloi i)\ i.pI'onit jinvutt; tniMiM--, or uxt.'i utors, a:nl for I'crsoiis uil:;iilc ol unwilling to innk-italio or | ruiitlliuu tin- a'liiiilii-tru:ivll ot tho tl'il-.ts I'.CcuptLcl l.y or liniio.^otl ujioti thuin. The Public Trust Office, constituted liy 'The I'uMu; Tr:r,t OUici' Act, IH7^," lin.B liuiMi siiu-i; much ciili.i^eil iu Us fum-lions by miiuiidiny Acts, u> imcl {jrowinj; i('<j;iiiviiiciitH. Thu Amendment A<-t of ISUI facilitates administration, authorise; prompt distribution, provides absolute security against loss to estates from investment* at tuo lUsevetiun of tlio I'ublic Trustoe, and iuHUie-s tho regular payment of tho interest. ti.o Security and Fidelity of the Pub. lie Trustoo's administration must bo considered of tlio utmost importance to every person contemplating tlio appointment of a trustee. Tho colony <iua nintees Die fidelity of thoudminUtratioH.aiid Guarantees also the Integrity of the Capital Funds invested at the option of tho I'ublic Trustee. Tho Colony Guarantees also, on the Cdpitrtl fuiid.s uri.-iiny for investment out of tn« properties placed in tho I'ublic Trust Ofliee, » commoti ruto of interest, to bo paid quarterly, Free of all charges of the Public Trust Office. Tlio value of this guarantee is in the Guarantee of the Colony against lona from investments in bad or lusulliciout securities, and against lo^s from delay in investment, and for the ivyiilnr and punctual payment of tho interest, free of all charges of the Public Trust O.Qice. In the appointment of Trustees there must always be seriOUß concern as to th« security of the capital funds; nnd the larger the capital funds the greatiT must be tho concern for Kccm-ity, and the less for a hish rate of interest. Tho Public Trustee cannot die, cannot leave the colony, cannot become qiv qualified, or involved in private dioicult*es j and cannot be distrusted, lu private trusteeships, death and absenoe rcndiir necof-Hury iu morons and oxponsiv* dcudß not roiiuiri'd by Public Trustee's administration, which has, besides, tho offlM solicitor's advice without oxpenso to tbe estates. Hy ull who Know or have experienced the contingencies of private trusteeships theM advantages must be ai>prociated. Vox further information apply to the Acent* O f O r to The Public Trustee, W«tEinnton. I^7 ANTED KNOWN— Just re- ! * t ccived at Stai; OIKco, a beautiful assortment of German JJall Programmes, Prize Cards, &c.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18940124.2.2.5

Bibliographic details

Feilding Star, Volume XV, Issue 221, 24 January 1894, Page 1

Word Count
412

Page 1 Advertisements Column 5 Feilding Star, Volume XV, Issue 221, 24 January 1894, Page 1

Page 1 Advertisements Column 5 Feilding Star, Volume XV, Issue 221, 24 January 1894, Page 1

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