"''"^"'""'"""•"""""""•''"iiiiHiiiiHiiiiiinmiiiiiiimiiini y&iE Trwsfc ttstibfe ai f^GVH! ZeaSanti! is a. (iovemmutil institution to afford, at low ratCS Of commission, a secure and convenient recourse for those who, desirous of lonniiiL' trusts in the colony, cnmiot FfUisfnctojilv appoint private trustees or executors, anil for. persons unable or uuwiHin,',' to undertake or continue the administration of tho trusts accepted by or imposed upon them. The Public Trust Office, constituted by "The L'tiblic Trust OHiiro Act, 1872," bus been since much enlarged in its functions by amending Acts, to meet growing requirement*. Ihe Amendment Ac-t of 1891 facilitates ndlmuistration, aiuhorises prompt distribution. provides absolute security against toss to estates from investments a;, the ih.suiotioji or iJio i'ubhi; i riihioc, ami. iasui.es tho regular payment of the interest. Tho Security and Fidelity of tho Pub. lie Trustee's administration must bo considorod of the utmost importance to every person contouiplatiiu: tho nppointmont of ft trustee. Tho colony anurnnlrm ilu: fidelity of ibon.clminißtrniion.n.iKl Guarantees also the Integrity of the Capital Funds invested nt tho ontion of the Public Triihtoo. The Colony Guarantees also, on ihc ■ capital Junds arising for invoslinont. out of the properties placed in tho J'ublic Trust Office, a r/oiiiinon rate of intorost. to lv paid nnr.r-nriv, Free of all charges of tha Public Trust Office. Tho value of this pimrantoo is in tho Guarantee of the Colony apainstloss from investments in bad or insutticiomsQcnritieK, and nyauiKft loss from demy in invostmcKt, and for tlio regular and piinc'unl p,iylnnnt of tlie intorost, fire of all clmrncs of the Vubhc Trust Office. In tho appoinf'nwrit of Trustees there must Rhvnvs bo sofioUS concern as to the security of the capital funds; and tho Inrgor tho onpitnl funds The Rreater must l>o tho concern for security, and thn Jijsb fnr H liiah raho of internst. Tho Public Trustee i-nnnot die, aiimnt loava tltn uoUmy, entiiui'; Ikcoiiio difirjualifieil, or involved in pvivn^j diflicultios; and cannot be distrusted. In privafo trintoosliips. doath and nlrionre render necessary nnmorous an! expeusivo doc's nor, required by PnbHc. Trustee's art-mini'-imtion. which line, besides, tho ofllco solicitor's advice without expense to thf o«ta to". Hy all wlio know «r h:\ vo exprsi ionroil tln> confin»oncif!S.of jn'ivato trusteeships theso advantages must bo approciatoil. For further iu'onnnMou apply In (ho A"«?nt* of or to The Public Tris'ste®, Wel--B»mif?t:cino ~ J. G. BEHfTLEY, PAINTER, PAPERHANGER, GLAZIER, GENERAL HOUSE DEOORATOB. CLYDE STREET, BALCLUTHA PAINTERS' REQUISITES of all kinds in Stock. PICTURES NEATLY FRAMED. Agent for the Universal Supply and Wertheim - Sewing Machine Depot Dunedin. Cash or Time Payments same as Dunedia
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CL18940608.2.3.7
Bibliographic details
Clutha Leader, Volume XX, Issue 1036, 8 June 1894, Page 2
Word Count
422Page 2 Advertisements Column 7 Clutha Leader, Volume XX, Issue 1036, 8 June 1894, Page 2
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