fHE Public Trust Office of NCW Zealand is a Government institution U> afford, at low rates Of commission, a secure and convenient rccourso for those who, desirous of forming trusts in tho colony, cannot satisfactorily appoint private trustees or executors, u:id for persons uuablo or unwilling to undertake or continue the administration of tho trusts accepted by or imposed upon them. The Public Trust Office, constituted by '■ Tho l'ublic Trust Ollico Act, 1872," has been sinco much enlarged in its functions by amending Acts, to meet growing requirements. The Amendment Act of 1691 facilitates administration, authorises prompt distribution, provides absolute security against loss to estates from investments at the discretion of tho l'ublic Trustoo, and insuros the regular payment of the interest. The Security and Fidelity of the Pub. lie Trustoe's administration must be considored of the utmost importance to every person contemplating tbo appointment of a trustee. Tho colony guarantees the fidelity of the administration, and Guarantees also the Integrity of the Capital Funds I invested at the option of tho i'ublio Trustee. 1 Tho Colony Guarantees also, on the capital funds arising for investment out of the properties placed in the Public Trust Office, * common rate of interest, to bo paid quarterly, Free of all charges of the Public Trust Office. Tho value of this guarantor is in the Guarantee of the Colony against losa from investments in bad or insutUcient securities, and against loss from delay In investment, and for tho regular and punctual payment of tho intorost, free of all charges of tho Public Trust Office. In tho appointment of Trusteos there must always be serious concern as to the security of the capital funds; and the larger tbo capital funds the greater must be the concern for security, and the loss for a high rate of intorost. Tho Public Trustee cannot die, cannot loavo tho colony, cannot become disqualified, or involved in private difficulties; and cannot be distrusted. In private trusteeships, death and absenoa render necessary numerous and expensive deeds not roquired by Public Trusteo's administration, which has, besides, the offlM solicitor's advice without expense to the estates. By all who know or have experienced tho contingencies of private trusteeships th«M advantages must be appreciated. For further information apply to the As»ttt> of or to The Public Trustee, wsfe linoton. JAMES HUGLL WATCHMAKER and JEW '-LLEII, IMLMERSTON 'NORTH, HAs in stock a choice and varied assoitrnonb of POCKET, DESERT, TABLE, aud ' CAIiVLNG KNIVES. Also, a Great Selection of , B--.«UTIFUL HALL CLOCKS. Do not let the chance pass to Examine the Goods. ' PREPARING FOE P~BESsT~ 1 STONE'S Wellington, Hawke's Bay, and Taranaki i DIRECT OHY 1 — AND — f NEW ZEALAND ANNUAL. l FOUItTH YEAR- -1894 5" OF PUBLICATION. TO contain about 800 pages of ( closely- printed and systematically- arranged Directory, Statistical and other Matter. Handsomely bound in cloth and gilt-lettered. Price to 10s 6d. C STuNE, SON, & CO., Dunedin. A. ATKINS, (Fellow Boyal Inst. British Architects) a &.SSOC. Memb. lust. Civil Engineers. ARCHITECT, WANGANUI. F MR. ATKINS makes periodical visits throughout the District. Mr H. L. Sherwili will arrange inter- j riews.
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Bibliographic details
Feilding Star, Volume XV, Issue 244, 20 February 1894, Page 1
Word Count
516Page 1 Advertisements Column 5 Feilding Star, Volume XV, Issue 244, 20 February 1894, Page 1
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