Page 13 Advertisements Column 1

Evening Post, Volume CXXII, Issue 96, 20 October 1936, Page 13

What legal obligations do I assume as a trustee?" ' This was a question which we were recently asked by a "/e| M professional man, who stated that his lifelong friend wai JInPV desirious of appointing him executor and trustee. ww We explained that he must take an Inventory of assets, WjOL. and complete measures to protect their value. Beneficiaries CUARDS & guides should be tcquainted with the terms of the Will and " ~ - - • steps taken to apply for Probate. He would be responsible dimctors: for all the property of the Estate during his administration, *si Low em" ' and must give proper care to investments and reinvestment. ??• V: £ I£ rner . To Invest in certain types of mortgages and securities not Mr- & r. n. Russen . authorised by Law'or by terms of the trust instrument m£w' r". wa^n would be a breach of the trust. Similarly, if monies were M. MB er: r. f. w ar j left uninvested for an unnecessarily long time, he would * be personally liable for any resulting loss of interest. b«* of n.z. chambers, • _ Lumbton Quay, Wellington. There were innumerable other duties which, to an Individual, • "_ '"^ '"""-. , , , . Edgar Wylie, Vo. Manager. could become an onerous burden. Yet these heavy . responsibilities could be transferred to the Guardian Trust, , Offices« Gisbome, Napier,the Testator naming his friend as an advisory trustee. Full t^K^^SL and complete financial * ' responsibility would then nTl^e ■ SSEE GUARDIAN TRUST istration. At the same AND EXECUTORS COMPANY OF NEW ZEALAND LTD, time, Testator would be retaining the services of his friend, as * (fa«fMrt«ji«Wtf/i«tfAffi«i t !ii3) advisory trustee for the benefit of his capital £loo,ooo imx,t«imN.z.G«,t.s t curim,. J-n-nJ-n,., Additional liahility of Shareholders £ioo,ooo. uepcilUCllLi. Asset! wider administration exceed £13,000,000. Over j^IjOOOjOOO neto business last year, Gt-US i_Bß_^^_lr ■ * ' ____*_l___iV_i_____ _BH§^nr ' -_w<ftll^s^^^Lß^-B_-K______—l _£i^___r _a_P* M -^_lk^W mH» T" I_J I C _a__i_i_i_i_K_JJL_[_[_[_^_^^__l^ _i_i_i_i_i_i_i_Kl_^L_li_Hß__i_ili_i_i__^^_-_Bvhir^^iK_dL_Kir " J M^^^^^^^ffKt^^^^^Km^m^m^mm\%h'^lm^^jmWr prove the Quality and • . li / *9^r Performance of this Modern " aLJmWr Wonder Radio—definitely. \s^r Just hear the ARGOSY once— <_P^ l us* see *ts comP act heauty and Jmmr*^BMUvtojoy simplicity of operation' — and ' you'll choose there and then! 4 The ARGOSY adds timbre and ■■^■^■■"l^T*^^Pr^ richness to every note and sound, _ V I A it is handsome, being in a pianoW a "A ™ jkfc finish cabinet of inlaid matched walnut with new, full aeroplane dial calibrated in kilocycles, meg- , acycles and metres. It is no effort - ~,_.» ~,.■,■-'■ . at all for this far-reaching set to ___!--&» ii'mi^^^SSSmSSSSSiW^SSSSSS^^ bring in reception from Ausl||li?i|lj^^ tralian, American and Continent ||fiji|jj|j^ tal stations with a clarity hitherto fflSffnOn^tfi—fmMfar^—H—fc^^——ir_MM—g***^ \A ftiUMFoi_ y_l_l_H * WjsSSMLmmmtm^m^m^mmm^m9^m^m^Bm^mmm!^m^m^lt^^t s"' >l___l_ "" _____BHB______|__V < jij^* a_K_B___ill_K^^^_nllK^^_-__-__ >§PiEl^^^RS^H|^^^B^^^^^^^^^^^H^^^^^^F Including Sales Tax and Royalties; The ARGOSY shown above is a 5-valve all-wave ~^^s__& Radio and carries a 12-MONTHS' GUARANTEE- For ■. : a small deposit and easy-to-meet terms you become *," . ~ s , its pleased owner! Let us prove the superiority of the ARGpSY RADIO __^ m ■■■ ■__■-__■ _f_k _■%__% by demonstrating it in your W* JB U| IU | _■# _T ~■ ■ own home. Call, 'phone or ~^ MM HM■■ ■ _"fc _ _■■ 1 write for this service.. %J M lm^%U W M UW ■ VK SfvTfroS/tf-r-te Showrooms: 144 FEATHERSTON STREET, 'Phone 43-836 Dual and All-Wave models. Lower Hutt Representative: H. R. Wilton, 186 High Street.