Page 4 Advertisements Column 4

Evening Star, Issue 5762, 27 August 1881, Page 4

PROSPECTUS. PROSPECTUS OF THE Trustees, executors, and agency COMPANY OF NEW ZEALAND (LIMITED). Incorporated under “ The Joint Stock Com* panics Act, 1860,” and Amending Acta, and to be Incorporated by Special Act of Parliament, Capital, L 50,000, In 10,000 Shares of LSeacb; 5s per share to bo paid on application, and 15s in three quarterly payments P*** share, the first instalment to be paid three calendar months after allotment, and the two remaining instalments at intervals of throe calendar months; no further call being at present contemplated. Directors: E. B. Cargill, Esq. (Messrs Cargills, Gibbs, and Co.) _ T. S. Graham, Esq. (Messrs Heymanson, Low, and Co.) Geo. Joachim, Esq. (Messrs Cargills, Gibbs, and Co.) James Mills, Esq. (Union S.S. Co.) P. C. Nkill, Esq. (Messrs Neill and Co.) JOHN Roberts, Esq. (Messrs Murray, Roberts, and Co.) E, J. Spence, Esq, (Messrs Dolgety and Co,) With power to add to their number. iiANikfiufl t The Bank of New Zealand. The Company will, at fixed rates of commission, act as Executor, Trustee under will or deed of settlement, Administrator, or Receiver, and as General Agent, and will take over from other executors or fiduciaries the management of trust estates or business. The Company will also act as Attorney or Agent for those who, by reason of absence, illhealth, or other cause, may deem it desirable to entrust others with the management of their property or affairs, Acting in tills capacity the Company will sell or let land land and houses, collect rents, invest moneys, negotiate loans, effect insurances, and act generally for its constituents as fully and effectually as an attorney acting under the most comprehensive power could do. The advantages of such an Institution will become manifest when the difficulty, risk, and uncertainty attendant upon the management of trust properties by private individuals are considered. It is sometimes impossible to procure competent, willing, and trustworthy persons to act as executors or trustees. Those who are qualified have a natural reluctance to undertake a duty generally arduous and responsible, and which often becomes a thankless and ungracious task. There is also this further difficulty, that trustees and executors sometimes die about the same time as the testators or other persons creating the trusts, and most frequently before the trusts are fully executed, and in such cases the trusts have to be administered by others who have not been selected by the person creating the trust, or through tho costly machinery of the Supreme Court; and it is not to be overlooked that trust property is occasionally lost through tho neglect, incompetency, or dishonesty of trustees. The advantage which a Board having perpetual succession would secure oyer an individual, subject to the ordinary vicissitudes and uncertainties of life, in acting as executor or other fiduciary are very obvious; while the combined judgment and enlarged experience which the Directors would bring to bear in dealing with the custody and investment of their constituents’ money and management of their property would be of incalculable value to the constituents themselves. Similar Associations exist in Cape Town, New South Wales, and other parts of the world, and have been attended with unqualified success. A Company having the like objects has also been recently established in Melbourne (Victoria), and has fully realised the expectations of its founders, Tho shares in the Victoria Company are at a premium, and are now difficult to obtain. There can he no doubt that a similar Association, possessing tho of the public, would supply a great social requirement in this Colony, and would pay a handsome return to its Shareholders. The nominal capital of the Association is L 50,000, of which it is only contemplated to call up LIO,OOO. The whole LIO,OOO (after payment of the preliminary expenses) will be invested for the benefit of the shareholders, and used only os a Reserve Fund. It is intended to apply for a special Act of Parliament to incorporate the Company and to extend its powers to the administration of intestate estates. In the meantime the Association' has been registered under the Joint Stock Companies Acts, and tho liability of the shareholders will be limited to the amount of their shares. The Memorandum and Articles of Association may be seen and Forms of Application for Shares and all further information can be obtained on application to W. H, Quick, Princes street, Dunedin, the broker of the Company.

* PUBLIC NOTICES. li OFT AND 00., DUNEDIN BOOT EMPORIUM, 9,10, And 11, ROYAL ARCADE. Loft and Co.'s MEN’S Pegged Bluchers 8s 6d Loft and Oo.’a do Best Balmorals 12s 6d Loft and Oo.’s do Watertights 12s 6d Loft and Oo.’s do Calf Almas 15s 6d Loft and Co.’s YOUTHS’ Lace-ups 8s 6d Loft and Co.’s do Balmorals 9s 6d Loft and Co.’s do Watertights 10s fid Loft and Co.’s do Nailed Almas 9s fid Loft and Oo.’s BOYS’ Lace-ups 6s fid Loft and Co.’s do Balmorals 7s fid Loft and Co.’a do Watertights 8s fid Loft and Co.’s do Nailed Almas 9s fid Loft and Co.’s WOMEN’S E.S. Kid 5s Od Loft and Oo.’a do E.S. Levant 6s fid Loft and Co.’s do Calf Almas 8s fid Loft and Co.’s do do Balmorals 10s fid Loft and Co.'s MAIDS’ E.S. Kid 5s fid Loft and Co.’s do Strong Lace-ups 6s fid Loft and Co.’s do Calf Almas 7s fid Loft and Co.’s do do Balmorals 8s fid Loft and Co.’a GIRLS’ E.S. Kid Ss fid Loft and Co.’b do Lace-ups 4s fid Loft and Co.’s do Calf Almas 4s fid Lolt and Co.’s do do Balmorals 6s fid Loft and Oo.’s CHILDREN’S E.S. Kid 2a fid Loft and Co.’s do Lace-ups Ss fid Loft and Co.’s do Kid Buttoned 4s fid Loft and Co.’s do Balmorals 4s fid Shoos of every variety and description Leggings o I all sorts Slippers of all sorts, Loft and Co.’s Immense Stock. (The largest In Dunedin to choose from; will compare favorably with any In the Colonies.) LOFT AND 00. Invite all to inspect their New Season’s Stock of BOOTS AND SHOES of every description, size, and quality at THE DUNEDIN BOOT EMPORIUM, 9, 10, and 11, ROYAL AROADK. Loft and Co. have just completed a Fitting Room for Ladles,