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PUBLIC TRUST OFFICE.

BUSINESS IN JUNE

The amount paid out in settlement of new loans bv the Public Trust Office last month was £146,583. Further new loans were granted to the amount of £63,825, and the total of new loans now awaiting completion is £459,735, while offers of loans less than the full amounts applied for amount to £111,090, a total of £570,825. Renewals of 38 loans amounting to £175,994 were also authorised. Applications for additional new loans amounting to £288.899 are now under consideration. Estate's of a value of £822.450 were reported and accepted for administration during the'month. Grants of administration made by the Court in favour of the Public Trustee numbered 111 for the month. In addition 540 new wills appointing the Public' Trustee executor were deposited for safe custody by living testators, and the total number now held is 64 177 representing an estimated present value of £256.000,000.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19290723.2.16.5

Bibliographic details

Auckland Star, Volume LX, Issue 172, 23 July 1929, Page 4

Word Count
151

PUBLIC TRUST OFFICE. Auckland Star, Volume LX, Issue 172, 23 July 1929, Page 4

PUBLIC TRUST OFFICE. Auckland Star, Volume LX, Issue 172, 23 July 1929, Page 4