ASSETS OF WHOLE ESTATE
1. \ FrcehoklProporties:— ■ • (a) Licensed premises .. 39,980 '(b) Shop properties.in Wei-' lington City .'... 82,440 (c) Other business and resi- ■■■■■■> dential properties in Wellington City ..... 86,765 ' (d) Properties situated outside Wellington City 15,892 2. Shares in Companies* registered in New Zealand .. 145,136 3. Debentures 12,980 4. Mortgages on security of freehold property 32,323 -£415,516 (Only one-half of the income of the residuary estate is distributed to char tty-)'.. . ■'.■• The said assets are unencumbered except to the Public Trust Office as security for amounts advanced by the Public Trustee in respect of financial assistance afforded to theestate. Under tho terms of the. will the whole control and management of the estate is vested in-the Public Trustee, the only duty of the advisory commit tot and of the board of governors being to meet annually-" and sanction , the grants niade to institutions out of that portion of the income which is devoted to charitable and educational purposes. ■•'■-..,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19280716.2.132
Bibliographic details
Evening Post, Volume CVI, Issue 12, 16 July 1928, Page 10
Word Count
157ASSETS OF WHOLE ESTATE Evening Post, Volume CVI, Issue 12, 16 July 1928, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in