Page 4 Advertisements Column 3

Evening Star, Issue 5767, 2 September 1881, Page 4

PHOSPECTUS. PROSPECTUS TRUSTEES, EXECUTORS, AND AGENCY * COMPANY OF NEW ZEALAND (LIMITED). Incorporated under "Tho Joint Stock Companies Act, 18C0," and Amending Acts, and to bo Incorporated by Special Act of Parliament. Capital, L 50,000, In 10.000 Shares of L 5 each ; 5s per share to be paid on and 15a in three quarterly payments of 5s per Bharo, the first instalment to be paid three calendar months after allotment, and tho two remaining instalments at intervals of three calendar months; no further call being at present contemplated. Directors: E. B. Caroill, Esq. (Messrs Oargills, Gibbs, and Co.) T. S. Graham, Esq. (Messrs Heymanson, Low, and Co.) Geo. Joachim, Esq. (Messrs Cargills, Gibbs, and Co.) Jamks Mills, Esq. (Union S.S. Co.) P. C. Neill, Esq. (Messrs Ncill and Co.) John Roberts, Esq. (Messrs Murray, Roberts, and Co.) E. J. Spknce, Esq. (Messrs Dalgcty and Co,) With power to add to their number. Bankers: The Bank of New Zealand. The Company will, at fixed rates of commission, fi/ct as Executor, Trustee under will or deed of settlement, Administrator, or Receiver, and as General Agent, and will tako over from other executors or fiduciaries the management of trust estates or business. The Company will also act as Attorney or Agent for thoso 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 this 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 mo3t comprehensive power could do. Tho 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 testatorß or other persons creating the trusts, and most frequently before the trusts aro fully executed, and in such cases tho trusts have to be administered by others who have not been selected by the person creating the trust, or through the costly machinery of tho Supreme Court; and it is not to be overlooked that trust property is occasionally lost through the neglect, incompetency, or dishonesty of trustees. The advantage which a Board having perpetual succession would secure- over an individual, subject to the ordinaiy 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. The shares in the Victoria Company are at a premium, and are now difficult to obtain. There can be no doubt that a similar Association, possessing the confidence of the public, would supply a great social requirement m this Colony, and would pay a handsome return to its Shareholders. The nominal capital of the Association is LT)0,000. of which it is only contemplated to call up LIO.OOO. Tho whole LIO.OOO (after payment of the preliminary expenses) will bo invested fcr the benefit of tho shareholders, and used only as a Reserve Fund. It is intended to apply for a special Act of Parliament to incorporate the Company and to rxteud 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 bo 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. BOOTS, BOOTS, BOOTS. BOOTS, BOOTS, BOOTS. BOOTS. BOOTS; OFT AND DUNEDIN BOOT EMPORIUM, 9,10, and 11, ROYAL AROADB. Loft and Co.' B MEN'S Pegged Bluchers 8a Bd Loft and Co,'a do Best Balmorals 12s fid Loft and Co.'a do Watertight* 12a 6d Loft and Co,'a do Calf Almas lf*6d Loft and Co. 's YOUTHS' Lace-ups 8s 6d Loft and Co.'s do Balmorals 9s 6d Loft and Co.'s do Watertight 10s 6d Loft and Oo.'s do Nailed Alma* 9 Loft and Co.'s BOYS' Lace-ups 6s 6d Loft and Co.'s do Balmorals 7a 6d Loft and Co.'s do Watertighta 8s 6d Loft and Co, 'a do Nailed Almas 9s 6d Loft and Co.'s WOMEN'S E.S. Kid 5s Od Loft and Co.'s do E.S.Levant 6s 6d Loft and Co.'s do Calf Almas 8s 6d Loft and Co.'s do do Balmorals 10s 6d Loft and Co.'s MAIDS' E.S. Kid 5s 6d Loft and Co.'s do Strong Lace-ups 6s 6d Loft and Go.'a do OalfAlmaa 7s 6d Loft and Co.'s do do Balmorals 8s 6d Loft and Co.'s GIRLS' E.S. Kid 8s 6d Lcfi and Co.'s do Lace-npa 4s 6d Loft and Co.'s do Calf Alinas 4s 6d Lolt and Co.'a do do Balmorals 5a 6d Loft and Co.'s CHILDBEN'S E.S. Kid 2s 6d i Loft and Co.'s do Lace-ups 8s 6d j Loft and Co.'s do Kid Buttoned 4s 6d Loft and Co.'a do Balmorals 4s 6d Shoes of every variety and description Leggings of all sorts ppers of all sort&. Loft and Co,'a Immense Stock, (The largest in Dunedin to choose from; will compare favorably with any in ! the Colonies.) i 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 ARCADE, Loft and Co. have just completed ft Fitting Room for Ladies,