iinitni|ii!iiiHtßuiiieiiiiiiiiiiiiiiiiiiimiiii miniiiiiuiiiiiiiiiiu Y^E PwtoSßc Trws2 Uuftcts of Slew ZeaiSaBBSS is n, Government institution to afford, at low rates Of commission, a secure and convenient recourse for those who, desirous of forming trusts in tho colony, cannot satisfactorily appoint privato trustees 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 in its functions by amending Acts, io meet growing rcquiromoutn. Ihc Amendment Act of 1831 facilitates administration, authorises prompt distribution. provides absolute security against toss to estates from investments ai the discretion of tho Public Trußtoo, and insures tho regular payment of tho interest. The Security and Fidelity of the Public 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 the administration, and Guarantees also the Integrity of the Capital Funds invested at the option of the Vublic Trustee. Tho 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 bn paid nur.rtnrly, Free of afl charges of the Public Trust Office. . The value of this gnnrnn':eo is in tho Guarantee of the Colony against loss from investments in bad or insufficient securities, and against loss' from delay in investment, and for tho regular and punctual payment of tho interest, free of all charges of the Public Trust Office. In. tlio appointment of Trustees there must always bo SericUS concern as to the security of the Capital funds; and the larger tho capital funds the grotto? must "be The concern for security, and tl>n lors fnr a li;r/h rato of interest. The Public TrLf3tee cannot die, connot loave the oolnnv, cannot, become disqualified, or involv.-ifl in priv.-u* difficulties; and cannot be distrusted. In privato trmtoenhips, death and absence rairlor neecs.Miry mimeronp and oxponsive lieu-is not required by PubMc Trustee's nrtni in Ist ration, which lias. liosiiiCH, tlio offion solicitor's ailvicu viiiicut cxyoiiw. to Hi" eth-.t.0-. I3y all who know or havo'oXV'i'.ioiiCOil ■ th" coDliuKcucittnof privato !.mr.!Gcsm'iis tho.su advantages must bo appreciated. Tor further i']for;nn'ion i,pply tn the Avuilt of or to The Fos&lJs Tpigstce, Wei§?rc?.?ftew. J. G.BENTLEY, PAINTER, PAPERHANGER, GLAZIER, GENERAL HOUSE DECORATOR. CLYDE STREET, BALOLUTHA PAINTERS' REQ UISITES of all kinds in Stock. PICTURES NEATLY FRAMED. Agent for the Universal Supply and Wevtheim Sewing Machine Depot Dunedih. Cash, or Tim? Payments same as Dunedin
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Bibliographic details
Clutha Leader, Volume XX, Issue 1036, 1 June 1894, Page 2
Word Count
425Page 2 Advertisements Column 7 Clutha Leader, Volume XX, Issue 1036, 1 June 1894, Page 2
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