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rgTOE yyiLL AND rpHE yyAY. (13).—SPECIAL INVESTMENT OF STATE FUNDS. When the Public Trustee is directed by a will or trust instrument to invest the moneys of any estate or trust outside the Common Fund, he takes ■every care to secure the best available safe investment. Althougn the State guarantee does not apply to such investments, the Public Trustee exercises all the care that a private trustee would exercise, and is liable for loss to the same extent as a 9 private trustee. Until a suitable investment is found, a Common fund mortgage is allocated from the Ist of the month following the receipt of the funds and the interest therefrom is credited to the estate. The Public Trustee has special facilities for the investment of funds in mortgages or local ibody debentures. Where funds are specially invested by the Public Trustee exactly the same rate of interest is obtained as would be obtained by a private trustee in similar circumstances. For full information apply to the Public Trustee, Wellington, the District Public Trustee, New Plymouth or Hawera, or the District Manager, Stratford. Part-time Offices also at Waitara, Inglewood, Eltham and Patea. rpARANAKI JJAILY WHANGAMOMONA AGENCY. Mr. C. McQUINN, Storekeeper, has been appointed Whangamomona Agent for the Taranaki Daily News, which i 5.... available daily on arrival of the train.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19220927.2.25.4

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 27 September 1922, Page 4

Word count
Tapeke kupu
220

Page 4 Advertisements Column 4 Taranaki Daily News, 27 September 1922, Page 4

Page 4 Advertisements Column 4 Taranaki Daily News, 27 September 1922, Page 4

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