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fUE Public Trust Office o5 Kew Zealand i* n ciuvennneut ,n-.-t;uiii<)ii to aiToi-j, at low rates of commission, a bee urn mul eouvi : iiielit rteoiirsi' lor tlioso w h ■. > , ilesirous of ionninj; trust.-, in tlio colony, cimiKit Mitisfiictorily apI'oiu t privtitu Inwffls oi fx«'i-iili'i'^, ii;i'l lor pcisoHS utuilile or unwilling to un.d.vtuko or I L'oDtiiiDc i ho ii'liDiuisti'iiii'ju oi ihu Lrtiatu accciitcil liy or imposed upon them. The Public Trust Office, constituted l>y " Thb I'uWlic TruM Ol)ic<? Act, ltilil," baa been sinco mucli eiilui(.c<l in its functions l>y amending Acts, to meet gi'owiui, 1 reriuircuiouta. Tlio Amendment Act of lhai facilitates administration, uuiliorisen j)rouii>t distribution, provides absolute security against loss to estates from investments at tlie discretion of tlio Public Trustee, ana insures tlio regular iiaymcnt of tbo iuterest. The Security and Fidelity of the Pub. lie Trustoo's administration must bo considered of the utmost im]>ortu!ico to overy person conteiupliuiiif,' tlie appointment of a trustee. The colony <;u uanttca thi- fidelity of tlio udniitiistriitioii. an<( Cuarantees also the Integrity of the Capital Funds invested in tlie option of tlio I'ublic Trustee. Tlio Colony Guarantees also, on the capital funds arising for investment out of the properties placed in the I'ublic Trust Oilico, ft common rate of interesi, to bo paid quarterly, Free of all charges of tho Public Trust Office. The value of thiH j.'nnranteo is in the Guarantee of the Colony against loss from investments in bad or msutticient securities, ami against loss Irom delay in investment, ami for the ri-L.'ul.ir and punctual payment of the interest, free of all charaes of th» Public Trust Ojjice. 11l tbo appointment of Trustees there must always bo SeriOUS concern as to th* security of th« capital funds; and the laißer tho capital ftinrls tlie must be tlio concern for Bueurity, mid Ihc less for a liif^h rate of interest. ' The Public Trustee cannot die, runnoi loiivo tlie colony, cannot bucomo clis- ■ nullified, or involved in private- difficulties; I and cannot be distrusted. j Iv private trusteeship-i, death and absence render necessary numerous and oxpensiT* deeds not roijuiii-ed by Public Trustee's administration, which )iii!i, besides, tho offl«« Bolioitov's mlvivo witliout oxpenso to tb« estates. Hy all who know or have oxpeneuooa tin- contin«ciiciesof privUo trusteoshil'9 the»« advantnues must bo appreciated, (•'or further information apply to the Aften&a or or to The Public Trustee, Wofc> VjL A.NTED KNOWN — Just re- * * ccived at Stau Office, a beautiful assortment of German liali Programmes, Prize Cards. &.G.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18940130.2.2.5

Bibliographic details

Feilding Star, Volume XV, Issue 226, 30 January 1894, Page 1

Word Count
411

Page 1 Advertisements Column 5 Feilding Star, Volume XV, Issue 226, 30 January 1894, Page 1

Page 1 Advertisements Column 5 Feilding Star, Volume XV, Issue 226, 30 January 1894, Page 1

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