*f«£ Public Trust Office of New Zealand is a Government institution to all'ci'l, at low rates Of Commission, a, sccuro and convenient recourse for thoso who, desirous of forming trusts in tho colony, cannot satisfactorily nppoiut private trustees or executors, a'.ul for jiersous uiuiblo or unwilling to uudcrtako or continue, tho administration of tho trusts accepted hy or imposed upon tht-m. The Public Trust Office, constituted by "Tho l'ublic Trust Ollico Act, 1672." haa been since much enlarged in its functions by amending Acts, to meet growing requiremonta. The Amendment Act of 1891 facilitates administration, authorises prompt distribution, provides absolute security against loss to estates from investments at tho discretion of tho Public Trustee, and insures tho regular payment of tho interest. The Security and Fidelity of the Fab. lie Trusteo's administration must bo considered of tho utmost importanco to every person contemplating the appointment of a trustee. Tho colony guarantees the fidelity of the administration, and Guarantees aISO the Integrity of the Capital Funds invested at tho option of tho Public Truste*. Tho Colony Guarantees also, on th« capital fumls arising for investment out qf the properties placed in the Public Trust Office, ft common rato of interest, to bo paid quarterly, Free pf all charges of the Public Trust Office. The valuo of thia puarantee is in tho Guarantee of the Colony against loss from investments in bad or Insufficient securities, and against loss from delay in investment, and for the regular and punctual payment of tho intorest, free of all charges of the Public I'rust Office. In the appointment of Trustees thero must always be SdriOUS concern as to the security of the capital funds; and tha largor tho capital funds tho greater must be the concern for security, and tho less for a high rato of interest. The Public Trustee cannot d|e, cannot leave tho colony, cannot become disqualified, or involved in privato difficulties ; and cannot be distrusted. In private trusteeships, death and absene* render necessary numerous and espensiv* deeds not required by Public Trusteo's administration, which has, besides, tho ofOaa solicitor's advice without exponse to Urn ostatoa. By all who know or havo experieno** tho contingencies of private trusteeships th«M advantages must be appreciated. For further information apply to the Ageati of or to The Public Trustee, linatonJAMES HUGLI. WATCHMAKER and JEWKLIER, PALMERSTON NORTH, HAS in stock a choice and varied assortment of POCKET, DESERT, TABLE, and CAUVLNG KNIV E S . Also, a Great Selection of BKhUTIFUL hall clocks. Do not let the chance pass to Examine the Goods. " PREPARING FOR PRESS. STONE'S Wellington, Hawke's Bay, and Taranaki i>in /•; c t o i: r NEW ZEALAND ANNUAL. FOURTH \_AK--1894 5"" ° F PUBLICATION. THO contain about 800 pages of JL closely-printod and systemati-cally-arranged Directory, Statistical and other Matter. Haudsomcly bound in cloth and gilt-lettered. Price to l^ubscriberH, 10s o'd. STUNE, SON, & CO., Duned'n. A. ATKINS. (Fellow Hoyal lust. British Architects) Assoc. Memb. Inst. Civil Enjrinoors. ARCHITECT, WANGANUI. MR. ATKINS makes periodical visits throughout the District. Mr H. L. Sherwili will arrange interviews.
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Bibliographic details
Feilding Star, Volume XV, Issue 265, 16 March 1894, Page 1
Word Count
506Page 1 Advertisements Column 5 Feilding Star, Volume XV, Issue 265, 16 March 1894, Page 1
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