] T HE Public Trust Office of J I£et» Zealand U a Government uist.'tution to utfont. at low ratOS Of commission, a secure and convenient ifcuiiist for tlio»o who, desirous of (on n ing trusts in the culuny, caunut satisfactorily npIjoint jirivutc trustees or executors, and fo» l>crsous unable or unwiUiny to undertako or continue Uie administration of tbo trusts accented by or imposed urion them. j The Public Trust Office, constituted by "The Public Trust Oflico Act, 1872," has been since much enluigod in its functions by amending Acts, to meet growing requirements. Tho Amendment Act 01 Ib9l facilitates administration, authorises prompt distribution, provides absolute security against loss to estates from investments at the discretion of thu l'ublic Trustee, and insures the regular payment of the interest. Tbo Security and Fidelity of the Pub. lie Trustee's administration must bo considered of the utmost importance to overy person contemplating the appointment of a trustee Tho colony guarantees the fidelity of the ndminißtration, ami Guarantees also the Integrity of the Capital Funds j invested at tho option of tho Public Trustee. Tho Colony Guarantees also, on the capital funds arising for invostiucnt out of th« properties placed in the Public Trust Oflico, k common r.tto of interest, to bo paid quarterly, Free of all charges of the Public Trust Office. The valuo of this Rti.arnntoe is in the Guarantee of the Colony against loss 1 rom iuvps»3jsc»ts in bad or insufficient securities, ami against loss from dolay in investment, and for tho rcgnlnr and punctual payment of tho interest, free of all charges of th» l'ublic Trust Office. In tho appointment of Trustees thero must always bo SerioUS concern as to the security of the capital funds; and th« larger tho capital funds tho greater must be tho concern for security, and tbe less lor a high rate of interest. Tho PubliO Trustee cannot die, caunot leave the colony, oaunot become di»qualiiied, or involved in private diflicultiei; auJ cannot be distrusted. In private trustooships, death and abseno* render necessary numerous and expensive deeds not required by Public Trustee's adiniiiintTution, which has, besides, the office solicitor's advice without expenso to tIM estatos. Jiy all who know or havo oxperieno«4 th<i contingencies of private trusteeships tbeM advantages must bo appreciated. For further information apply to the Agenti of or to The Public Trust**, ••*• linoton. JAMES HUGLI. WATCHMAKER and JEW '-'LLEIi, PaLMERSTON NORTH, HAs in stock a choice and varied nssoitracnt of POCKET, DESEHT, TABLE, and CAIiVLNG KNIV E S . Also, a Great Selection of B ...UTIFUL HALL CLOCKS. Do not let the chance pass to Examine the Goods. _ PiiEPARING FOlt PRESS. STONE'S Wellington, Hawke's Bay, and Taranaki i> i n t: c t o n y — AND — NEW ZEALAND ANNUAL. l-'OUBTU YEAU—IB94 5'~ 01 '" I'UULICATION. TO contain about 800 pages of closely- printod aud systemati-cally-arranged Directory, Statistical and other Matter. Haudsorafity bound in cloth and gilt-lettered. Price to subscribers, 10s Gd. STuNE, SON, & CO., Dunedin. ». _ _.. .... . A. ATKINS. (Fellow Eoyal Inst. British Architects) Assoc. Memb. Inst. Civil Engineers. ARCHITECT, WANGAN Ui. MR. ATKINS rnalies periodical visits throughout the District. Mr H. L. Sherwili will arrange interviews.
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Bibliographic details
Feilding Star, Volume XV, Issue 248, 24 February 1894, Page 1
Word Count
521Page 1 Advertisements Column 5 Feilding Star, Volume XV, Issue 248, 24 February 1894, Page 1
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