B—9

CONTENTS.

Prime Minister's Statement — page New Business . . .. .. " 1 Value of Estates and Funds . . 1 Wills on Deposit . . .. 2 Interest credited —Common Fund . , 2 Advantages of Common Fund . . 2 Revenue and Realizations .. .. 3 Hawke's Bay Earthquake Relief Fund . . 3 Progress of the Office — • New Business . . .. ... 4 Value of Estates . . . . 4 Wills on Deposit . . .. . . 4 Table showing Expansion of Business .. 5 Effect of Economic Conditions on the Office .. .. .. .. 5 Administration of Estates and Kindred Duties — Wills and Trust Estates . . .. 7 Intestate Estates . . ... .. 7 Agencies . . . . .. . . 7 Estates of Persons under Disability .. 7 Charitable and Public Trusts .. 8 Hawke's Bay Earthquake Relief Fund — Organization .. .. .. 8 Total Amount disbursed .. .. 10 Completion of Administration .. 10

PAGE Wills deposited .. .. .. 10 Investments from the Common Fund — Collection of Interest .. 11 Instalment Table Mortgages .. 12 Mortgagors Eelief Act, 1931, and Amendments . . .. . . 12 Hawke's Bay Earthquake Act, 1931 .. 12 Rate of Interest on Moneys invested in the Common Fund .. 13 Finance — Commission . . . . .. 14 Economies . . . . . . 15 Percentage Table of Expenditure ~ 15 Results of Year's Working . . 15 Investment of Funds .. . . 16 Advances to Estates and Beneficiaries .. 16 Office Organization and Representation 16 Staff .. .. .. . . 17 Office Buildings .. '.. 18 Legal Division .. .. 18 Inspection and Audit .. 18 Rural Intermediate Credit .. 19 Conclusion .. .. ~ . ~ 19

i-B. 9,