Page 1 Advertisements Column 5

Feilding Star, Volume XV, Issue 222, 25 January 1894, Page 1

f°HE Public Trust Office of Hew Zealand is a Government institution to afford, at low ratOS Of commission, a secure and convenient recourse for those who, desirous of forming trusts iu tho colony, cannot satisfactorily uppoint private trustees or executors, aud lor persons unable or unwilling to undertake or | continue tho administration of tho trusts accepted by or imposed upon them. The Public Trust Office, constituted by " The I'ublic Trust Oflico Act, 1872," has been since much enlarged iu its functions by amending Acts, to meet growing requirements. Tho Amendment Act of 1691 facilitates administration, authorises prompt distribution, provides absolute security against loss to estates from investments at tho discretion of the Public Trustee, and insures tho regular payment of tho interest. The Security and Fidelity of the Publie Trustee's administration must be con- ' siderod of tho utmost importance to every person contemplating the appointmout of a trustee. Tbo colony guarantees the fld-elHy o,t the administration, and Guarantees also ?ho Integrity of the Capital Funds invested at the option of tho I'ublio Trustoe. The Colony Guarantees also, qh tho capital funds arising for iuvesunont out of tbe properties placed iu tho Public Trust Office, a oonimon rate of iutorost, to bo paid quartorly, Free of all charges of the Public Trust Office. Tho value of this guarantee is in the Guarantee of the Colony against loss from invoßtmenta in bad or Insufficient securities, and against loss from delay in investment, and for the regular and punctual paymont of tho interest, free of all cluirges of the I'ublic Trust Office. In the appointment ol Trustees thero must always be Serious concern as to the security of the capital funds: and the larger the capital funds tho greater must be the concern for security, and the loss for a high rate of interest. Tho Public Trustee cannot die, cannot leave the colony, cannot become disqualified, or involved in privato difficulties; and cannot be distrusted. In private trusteeships, death and absence render noccssary numerous and expensive deeds not required by Public Trustee's administration, which has, besides, tho offiea solicitor's advice without expenso to the ostates. By all who know or have oxporiencoa tho contingencies of privato trusteeships these advantages must bo appreciated. For further information apply to the Agenty of or to The Public Trustee, W«ln EiS3Q?QRY%J ANTED KNOWN— Just reV v ceived at Stau Office, a beautiful assortment of German Ball Programmes, Prize Cards., &c.