THE WILL AND THE WAY. No 11.—Advantage of the Common Fund. Moneys in the hands of the Public Trustee form part of the C Dtninon Fund of the Public Trust Office, unless by the terms of the Will or Trust Instrument they are directed to lx> specially invested. Investment in the Common Fund has many advantages. The payment of interest is uniform and regular; there is no loss of interest through funds having to remain idle pending the selection of an investment ; funds are available at short notice "hen they become payable; the delay which would result if the realisation of special investments had to he awaited is avoided. The highest rate of interest consistent with absolute safety is allowed, and the interest is payable anywhere in New Zealand free of charge. Intern-t, runs from the Ist of the month following the receipt of the First capital moneys. Finally, the security ei all capital moneys in the Common Fund and nil income payable thereon is guaranteed by the State. For full information apply to the Public Trustee, Wellington, or to MR T. It. SAYWELb, District Public Trustee, Greymouth. A representative of the Office is in attendance at Hokitika on Thursdays and Fridays in each week.
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Hokitika Guardian, 4 July 1923, Page 2
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205Page 2 Advertisements Column 5 Hokitika Guardian, 4 July 1923, Page 2
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