T"HE public Trust Office ©f Kew* Zealand is a Government institution lo afford, at low r&lOS Of commission^ a secure aiwi convcnwat recourse for those who, desirous of forming trusts in the colony, cannot satisfactorily appoint private trustees or oxecutors, and for persons uuablo or unwilling to nudertako or continue the administration of the trusts accepted by or inipofod upon them. The Public Trust Office, constituted by "The Public Trust Ofiico Act, 1672," has been since much enlarged iv its functions by amending Acts, to meet growing requirements. Tho Amendment Act of 1891 facilitates administration, authorises prompt distribution, provides absolute security against loss to estates from investments at tho discretion of the Public Trustee, and insures the regular payment of the interest. The Security and Fidelity of the rab. lie Trustee's administration roust be considered of tho utmost importance to ovory person contemplating tho appointment of a trustee. The colony guarantees the fidelity of tho administration, and Guarantees aISO the Integrity of the Capital Funds i invented at tho option of tho Public Trust©*. Tho Colony Guarantees also, on th« capital funds arising for investment out of th« properties placed in tho Public Trust Office, ft common rate of interest, to bo paid quarterly, Free of all charges of the Public Trust Office. The vnluo of tills guarantee la in tho Guarantee of the Colony against lorn from investments in bad or Insufficient securities, and against loss from delay in inTCßtment, and for tho regular and punotual payment of the interest, free of all charges of tna Public Trust Office. Iv tho appointment ol Trustees thoro must always be SeriOUS concern as to the security of the capital funds; and the larger the capital fuiuls tho greater must be tho concern for security, and tho less for a high rate of mtorest. Tho Public Trustee cannot die, cannot leave the colony, cannot become disqualified, or involvod in private dimculticf; and cannot be distrusted. In private trusteeships, deiith and abseno* render necessary numerous and exponsivjl doods not required by Public Trustee's •*- --ministration, which has, besides, tho oflM* solicitor's advice without expouse to tM estatos. By all who know or have experieno«« tlio contingencies of private trusteeships ta«M a jvaiikafies jaast be appreeiatod. For further information apply to th« AeaaM of or to The Public Trustee, We»» linaton. JAMES HUGLI. WATCHMAKER and JEWELLER, PALMEIISTON NORTH, HAS in stook a choice and varied assortment of POCKET, DESERT, TABLE, and CARVIJNG KNIVES. Also, a Great Selection of BKaUTIFUL HALL CLOCKS. Do not let the chance pass to Examine the_Goods. "piUi P A rTn G~ FOR PR E S S. STONE'S Wellington, Hawke's Bay, and Taranaki n j v i<: c t o n v — AND — NEW ZEALAND ANNUAL. FOURTH YEAR--1894-5-OF PUBLICATION. TO contain ahout 800 pages of closely- printed and systemati-cally-arranged Directory, Statistical and other Matter. Handsomely bound in clolh and gilt-lettered. Price to Subscribers, 10s od. STONE, SON, & CO., Duuedin. " A. ATKINS. (Follow Koyal Inat. British Architects) A.SBOC. Memb. Inst. Civil Engineers. ARCHITECT, WANGANUI. MR. ATKINS makes periodical visits throughout the District. Mr H. L. Sherwill will arrange interviews.
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Bibliographic details
Feilding Star, Volume XV, Issue 262, 13 March 1894, Page 1
Word Count
516Page 1 Advertisements Column 5 Feilding Star, Volume XV, Issue 262, 13 March 1894, Page 1
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