Page 1 Advertisements Column 5

Feilding Star, Volume XV, Issue 229, 2 February 1894, Page 1

fHE Public Trust Oflice of New Zealand is a uownuuent institution to alt'oici, at low rates Of Commission, a secure and convenient recourse for tlioßO who, desirous of forming trusts iv the colony, cannot satisfactorily «l>jicjint i«rivato trustees or executors, and for persons- unable or unuillitiu to undertake or continue the administration of tlie trusts ac- ' cepted by or imposed upon them. The Public Trust Office, constituted I by •■ 'lii. I'ublic Trust Oliice Act, 1H72," haa been since much enlarged in its, functions by I ameudmy Acts, to meet Ki'owin-g requirements. I The Amendment Act of lnyi facilitates administration, authorises prompt distribution, provides absolute security against loss to estates from investment-*; at the discretion of tho i'ublic Trustee, and insures the regular payment of tho interost. The Security and Fidelity oi the Pub. lie Trustee's administration must bo considered of tho utmost importance to overy person contemplating the appointment of a trustee. The colony tjwirantecs the fidelity of the administration, aud Guarantees also tho Integrity of the Capital Funds invested at the option of tho I'ublic Trustoe. Tho Colony Cuarantees also, on the capital funds uiisiuf; for investment out of the properties placed in tho Public Trust Office, a common rate of interest, to bo paid quarterly, Free of all charges of the Public Trust Office. Tho valuo of thiß pnarnntco is in the Guarantee of the Colony against loss from investments in bad or lu-suiHcient securities, and aKiunst loss from delay in investment, and for the regular and punctual payment of tho interest, free nf all cliarges of tha Pubhc 'Trust Office. Iv the appointment of Trustees there must always be SOrioUS ! concern as to th« »«curity of th« ' capital funds; and the larger tho capital ■ fluids the greater mmst bo the concern for (security, and the less for a hifsh rato of inj terest." The Public Trustee cannot die, I cannot leavo the colony, cannot become dißI .piahtied, or involved ill privato difliculUes; I uni cannot be distrusted. ; In private trusteeships, doath and absonoe render necessary numorous and expensive i deeds not required by i'ublic Trustee's adi ministration, whicii has, besides, tho offlM solicitor's advico without oxpenso to th« j estates. By all wbo know or have experienoea i tlie contingencies of privato trusteeships tbe«« | advantages must bo appreciated. ! For further information apply to the Agon* j of or to The Public Trusteo, w«ft- | AS TED KNOWN— Just rei * % ceived at Stau Office, a beautiful assortmeut of German Jiall Programmes, Prize Cards, &c.