BUSINESS ANNOUNCEMENTS jgPECIAL JNVESTMENT ,QP jgSTATE jp'.UNDS When the Public Trustee is •directed by a will or trust instrument to invest the moneys of any estate or trust outside the Common Fund, he takes every care to secure the best available safe investment. Although the State .guarantee does not apply to such investments, the Public Trustee exercises all the care that a private trustee would exercise, and is liable for loss to the same extent as a private trustee. Until a suitable investment is found, a Common Fund mortgage is allocated from the Ist of the month following the • receipts of the funds and the interest thereon is credited to the estate. The Public Trustee has special facilities for the investment of funds in mortgages or local body debentures. Where funds are specially invested by the Public Trustee exactly the same rate of interest is obtained as would be obtained by a private trustee in similar circumstances. Full information rrom A. MARSHALL District Public Trustee Whan gar ei 1 ” .M. L. S TAPL ® MONUMENTALIST MAUNU ROAD, WHANGAREI Every Description of Cemetery Work Undertaken. Artificial Wreaths in Stock. Catalogues on Application. Phone 191; Private 552. P.D. Box 52
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https://paperspast.natlib.govt.nz/newspapers/NA19260504.2.23.3
Bibliographic details
Northern Advocate, 4 May 1926, Page 4
Word Count
197Page 4 Advertisements Column 3 Northern Advocate, 4 May 1926, Page 4
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