f"HE Public Trust Office of New Zealand is a Govorumout ust.tution to afford, at low rates Of commission, a becurc &ud convenient recourse for those who, desirous of fqruiiuK trusts iv tho colony, cnunot satisfactorily appoint privato trustees or executors, and tor [>ersous utiablo or unwilling to undertako or continue tbe administration of tho trusts accepted by or imposed upon them. The Public Trust Office, constituted by "Tho l'ublic Trust Offlco Act, 1672," has been since much enlarged in its functions by auieudiug Acts, to meet growing requirements. The Amendment Act of 1891 facilitates administration, authorises prompt distribution, provides absolute security against loss tp estates from investment* at the discretion of tho l'ublic Trustee, ana insures the regular payment of tbo interest. The Security and Fidelity of the Pub. lie Trustee's administration mu6t be considered of the utmost importance to every person contemplating the appointment of a trustee. Tho colony guarantees the fidelity of tho administration, aud Guarantees also the Integrity of the Capital Funds I invested at the option of the Public Trustee. 1 Tho Colony Guarantees also, on the capitol funds arising for investment out of ths properties placed in the Public Trust Office, * common rate ot interest, to be paid quarterly, Free of all charges of the Publle Trust Office. Tho value of this guarantee is in the Guarantee of the Colony against loai from investments in bad or Insufficient securities, and against loss from delay in inyestmeut, aud for the regular and punctnal payment of the interest, free of all charge* of iht Public Trust Office. In tho appointment of Trustees there must always be SeriOUS concern as to the seeurlty of the capital funds ; aud the larger the capital funds tho greater must b« the concern for security, and the less for a high rate of interest. The Public Trustee cannot die, cannot leave the colony, cannot become disqualified, or involved in private difficult!**; and cannot be distrusted. In private trusteeships, death aud abaene* reuder necessary numerous and expensive deeds not required by Public Trustee's administration, which has, besides, the offiM solicitor's advice without esponse to tb« estates. By all who k now or have experience* the contingencies of private trusteeships tta«M advantages must be appreciated. For further information apply ta th« Ag— it of or to The Pubflo Trw*fe«j •••■ liitqtQli, JAMES HUGLI. WATCHMAKER and JEWF.LbER, PA.LMERSTON "NORTH, HAS in stock a choice and varied assortment of POCKET, DESERT, TABLE, ana i CARVLNG KNIVES. Also, a Great Selection of ; BK/»UTIFUL HALL CLOCKS. Do not let the chance pass to Examine the Goods^ PiiE PARING FOR PRESS. STONE'S Wellington, Hawke's Bay, and Taranaki di n /<; ct o R y — AND — NEW ZEALAND ANNUAL. rOURTH YEAK--1894 5"" Ol ' PUBLICATION. TO contain about 800 pages of closety- printed and systemati-cally-arranged Directory, Statistical and other Matter. Handsomely bound in cloth and gilt-lettered. Price to Subscribers, 10s Od. STuNE, SON, & 00., Dunedin. A. ATKINS. (Follow Itoyal Inst. British Architects) Assoc. 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 267, 19 March 1894, Page 1
Word Count
511Page 1 Advertisements Column 4 Feilding Star, Volume XV, Issue 267, 19 March 1894, Page 1
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