Page 2 Advertisements Column 6

Clutha Leader, Volume XX, Issue 1032, 4 May 1894, Page 2

"fHE Public Trust Office of Hew Zealand is a Government institution to afford, at low rates Of commission, a secure and convenient recourse for those who, desirous of forming j trusts in the colony, cannot satisfactorily appoint private trustoes or executors, and for persons unable or unwilling to undertake or continue the administration of the trusts accepted by or imposed upon them. The Public Trust Office, constituted by " The Public Trust Office Act, 1872," has been since much enlarged iv its functions by amending Acts, to meet growing requirements. The Amendment Act of 1891 facilitates administration, authorises prompt distribution, provides absolute security against loss to estates from investments at the discretion of the Public Trustee, and insures tbe regular payment of tho interest. The Security and Fidelity of the Pub. lie Trustee's administration must be considered of the utmost importance to. every person contemplating the appointment of a trustee. The colony guarantees the fidelity of tho administration, and Guarantees also the Integrity of the Capital Funds invested at the option of tho Public Trußteo. The Colony Guarantees also, on the capital funds arising for investment out of the properties placed in the Public Trust Office, a common rate of interest, to be paid quarterly, Free of all charges of the Public Trust Office. The value of this guarantee is in the Guarantee ofthe Colony against loss from investments in bad or insufficient securities, and against loss from delay in investment, and for the regular and punctual payment of the interest, free of all charges of the Public Trust Office. In the appointment of Trustees '■ there must always be SeriOUS concern as to the security pf the capital funds; and the larger the capital funds the greater must be the concern for security, and the less for a high rate of interest. The Public Trustee cannot die, cannot leave the colony, cannot become disqualified, or involved in private difficulties; and cannot be distrusted. In private trusteeships, death and absence render necessary numerous and expensive deeds not required by Public Trustee's administration, which has, besides, the office solicitor's advice without expense- to the estates. By all who know or have experienced fche contingencies of private trusteeships these advantages must be appreciated. For further information apply to the Agents of or to The Public Trustee, lingtonsd. G.. BENTLEY, PAINTER, PAPERHANGER, GLAZIER, GENERAL HOUSE DECORATOR, CLYDE STREET, BALOLUTHA PAINTERS' REQUISITES of all kinds ! in Stock. 1 PICTURES NEATLY FRAMED. Agent for the Universal Supply and Wertheim Sewing Machine Depot, Dunedin.. Cash . . or Time Payments same as Dunedinj ,