The Public Trust Office. Guaranteed by the State. ALTHOUGH this Office has been in existence for a period of more than seven years, it ie believed that the objects for which it was established are not sufficiently known or understood. It is desired to set forth in a concise form information resecting the business which this office undertakes :— 1. Tho charge of all kinds of money trusts such as Marriage Settlements, moneys to be invested fur tho benefit of Minors, moneys bequeathed for charitable objects, moneys the title to which is in dispute, or whose legal owner is unknown or cannot be found Ac., Ac. r 2. The administration of the Wills of persons who by appointing the Public Truste.-Jas their* executor secure the guarantee of the State fur the due fulfilment of their wishes, and avoid the risk consequent on the appointment of private persons as executors, who not unfrequent ly, though earnestly desirous of acting for the benefit of parties interested, fail to carry out legally the objects for which they were appointed, and consequently involve themselves and those whose interests they are striving to protect in costly and harassing litigation. 3. The administration of all estates of which no disposit ion has been made by will, whenever relatives do not wish to incur the responsibility of administration, or cannot from any cause obtain the necessary powers to act. In such cases it is the duty of the Public Trustee to discharge all legal debts as far as the assets extend, and divide the residue amongst the next of kin. 4. The administration of the estates of lunatics, lunatic patients, and convicts. 5. The charge uf all lands lying watts and unoccupied of which the owner is unknown, or who has been absent, from the Colony for ten years, having left no known agent. The coat uf administering estates is very small. Information may be obtained from all agents. R. C. HAMERTON, Public Trustee 37 COALS! GOALS!! COALS!!! H. W. LUKE. T F AVING purchased the cargo of NEWCASTLE COAL ex WAIWER/. is now able to bell at a price which will— DEFY COMPETITION,
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https://paperspast.natlib.govt.nz/newspapers/PBS18830116.2.21.6
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Poverty Bay Standard, Volume X, Issue 1248, 16 January 1883, Page 3
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356Page 3 Advertisements Column 6 Poverty Bay Standard, Volume X, Issue 1248, 16 January 1883, Page 3
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