Page 1 Advertisements Column 8

Otago Daily Times, Issue 6092, 19 August 1881, Page 1

JJueioo33 Souce.-i. BOOTS! BOOTS! BOOTS TOFT & 0 O E Draw special attention to their Men's Best Kip Balmorals, at 12s Cd Men's Best Calf Almas, at Ids Cd Men's Best Kip Watcrtijfhts, from 13s 6d to lGs 8c Men's Best Calf Balmorals, at 17s Gd Women's E.S. Kid, from 5s Od to 20s Women's E.S. Levant, from 6s 6d to lCs Cd Women's Kid Buttoned, from 103 8d to 20s Women's Kid Lace, from 5s Cd to 16s 6d. ; YOUTHS, E. BOYS, GIRLS, and CHILDREN'S BOOTS AND SHOES OF EVERY DESCRIPTION. A Larje and Varied Stock of Woman's Slippers, Evening and Walking Shoea. INSPECTION INVITED. LOFT & CO., BUSEKIN BOOT EMPORIUM, 33' 9, 10, and 11, ROYAL ARCADE. TFWAT S O N, «■! B begs to give notice tha he has REMOVED to HIGH STREET, Dunedin, and .till carries on fait business as IMPORTER AND COMMISSION AGENT. Ajioni for Wm. Teacher and Sons' Glasgow colt brated Old Walakloj; Caldei and Co.'s Ansusliai Wines. Indents executed Irs tho Ktime Market for sny it „ Kription o! goods or machinery. own and Cocair! v Propertleo for ssio. Sharee bought nd Bold oo ccrr. Prospectus. PROSPECTUS OP THE TRUSTEES, EXECUTORS, AND AGENCY COMPANY OF NEW ZEALAND (LIMITED). Incorporated under "The Joint Stock Companies Act, ISCO," and Amending Acts, and to be incorporated by Special Act of Parliament. CAPITAL, £50,000: IN 10,000 SHARES OF £E EACH ; 5s per share to be paid on application, and IBs In three quarterly payments of 5s per share, the first instalment to be paid three calendar months aftei allotment, and tho two remaining instalments al intervals of three calendar months; no furthei 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, oibbs, and Co.) James Hills, Esq. (Union S. S. Company) P. C. Nolll, Esq. (Messrs Null and Co.) John Roberts, Esq. (Messrs Murray, Roberts, and Co. E. J. Speuce, Esq. (Messrs Dalgcty and Co.) (With power to add to their number.) BANKERS : Tho Bank of New Zealand. The Company will, at fixed rates of commission, ac as Executor, Trustep under will or deed of settlement Administrator, or Receiver, and as General Agent, am will take over from other Executors or Fiduciariel tho management of trust estates or business. Tho Company will also act as Attorney or Agent fo those who, by" reason of absence, id health, or othe J cause may deem it desirable to entrust others witl ' ' the management of their property or affairs. Actinp; in this capacity, the Company will sell or Ie land and house?, collect rents, invest moneys, ncgo. ciatc loans, etTcct insurances, and act generally for it; constituents as fully and effectually as an Attorney acting under the most comprehensive power could do Tho advantages of such an institution will become manifest when tho difficulty, risk, and uncertainty attendant upon the management of trust proper tics by private individuals are considered. It is sometimes' impossible to procure competent, willing, ane trustworthy persons to act as Executors or Trustees those who uro'qualinod have a natural reluctance tc undertake a duty generally arduous and responsible, and which often becomes a thankles* and ungracious task. There is also this further difficulty, thatTrusteee and Executors somctimesdie about the same time as thi 1 Testators or other persons creating the trusts, am: most frequently before the trusts are fully execntcd and in such cases the trusts have to be administeree In- others, who have not boon selected by the persor creating the trust, or through the costly machinery of the Supr. me Court; and it" U not to be overlooks that trust property is occasionally lost through thi neglect, ineompetency, or dishonesty of trustees. Tlic advantage which a Board having perpetual sue .. ~e s jnn would si-euro over an individual, subject to tin |ordinarvvii'ii-».lude.-a!:d ur.certainties of life, inactim UiT-xeciitoroi-other fiduciary am very obvious; whili ! t he combined judgment and enlarged experience whiel Uiiu uin.-ui.ma ttoul.! bring to bear in iK.alin- with tin custody and in-.e.tuimt o: their constituents' mono; and miii..-..-J.iieiit vi ih-;- -Mpony would be of incal culabiu value tc the co:^titl;i.ius themselves. Sim'lar association* exi-t in Capetown, New Soutl Wales and other parts of tho v-0.-iil, :u,d have boel ■iitfiuU'l with unqualified success. A company havim : Li,u like ol.jeas has also Ken i-eeently established ii LmcP-oui'iiu' \'ii!tor:a, and h:is fully realised the ex i imct-iti-'iis of its foui'ilTs. The shares in tho Vietoric liviii.pinyaroat a premium, and are now difficult ti jobtii'n. 1 'I here can be no doubt that a similar association | possessing tho confidence of tho public, would suppli [a great social requirement in this Colony, and wouli pay a handsome return to its shareholders. The nominal capital of the Association is £50,000, o which it is only contemplated to call up £10,000. The whole £10,000 (after payment of the proliminar; expenses) will be invested for tho benefit of the share »S solders, aud used only aa a Keservo fund. It is in tended to apply for a special Act of Parliament to in corporate tho company, and to extend its powers ti the administration of Intestate Estates. In the mean time the Association lias been registered under " Tin Joint Stock Companies Acts," and the liability of tin shareholders will be limited to the amount of thei shares. Tho Memorandum and Articles of Association ma; be seen, and forms of application for shares and al further information can bo obtained an application to W H. QncK, Priuces street, Dunedin, the broker o the Company. lOal PKO SP.E CTUS or in_ DUNEDIN FINANCE, LOAN, ANI AGENCY COMPANY (LIMITED). Capital .. •• •• £250,000, In 50,000 Shares, of £5 each ; Of which it is proposed to call up £1 per share payabl as follows :-5s per share on application, 6s pt share on allotment, 5s one mouth after and 53 tw months after allotment. First Eoakd of Directors : ROBEiiT WILSON, Esq. .E. C. STKODE, Esq. DANIEL BRENT, ESQ. 11. J. WALTER, list!. JOHN LOGAN, Esq. E. E. C. QUICK, Esq. , S JAMES SCOULAU, Esq. B. SIEVWRIGUT, Esq. Bankers: THE BANK OF AUSTRALASIA. on . . on . Solicitors : MESSRS SIEVHIiIGHT & STOUT £[ GK-.-BKAI, MAKACER : 01 , JIB EICIIARD 11. LEARY. It; This Company has been projected for the purpose ( lite carrviii" on a Gexebal Financial, Trust, Loan, a.n ' rec AoENC-v'business, and tho Directors have taken powi in tho Articles of Association to act as Tkusteb an ials k.ecutor under wills, and generally to act in au srs, fiduciary capacity. The operations of tho Company will include the n ceipt of deposits, bearing interest at current rates the investment of its funds upon mortgage of pn pcrties for fixed periods and otherwise, according 1 roll arrangement; and general loan, financial, and conimi lin sion agency business. bres Tho Directors have entered into an agreement wil the Permanent Building society of Otugo to take ov its investments and deposits as from the Ist Mar( last naviH" satislied themselves of tho genuineness p the Society's balance-sheet and of the value and pr iitablo character of its securities and investment amounting to £53,SSC 7s sd, and which are taken ov _ at that price. The profits made by the Society sin March Ist, ISSI, will be transferred to tho Company ■ — The shareholders in tho Building Society are to ha iont the urivilco of either taking up Shares in the Compai out at par to the value of their interests in tho Societ seds or depositing tho amount thereof with the Compai low (or l 2 months. ' i As it is anticipated that a large number of the shai 1 ° will be subscribed for by members of the Build: Society, and only a small proportion will be availal for allotment to the ireneral public, the Directors ha determined to close the share-list at an early date. Applications for shares will be received by t General Manager of the Company, at the Oflice of t pc, Permanent Building Society, Colouial Bank Buildiuj UK; Dunedin. i»» Tho Share List will be CLOSED on the 3 AUCJUST.