B. —9

CONTENTS. Prime Minister's Statement. page Administration of Estates—ctd. page New Business .. .. .. 1 Intestate Estates .. . . 29 Organization .. .. 2 Mental-patient Estates .. .. SO Representation .. 2 Aged and Infirm Persons Protection Act S2 Decentralization .. .. . . 2 Convicts . . .. .. 32 Investments .. .. 2 Agencies .. .. . . . . 33 Interest on Advances .. . . 3 Resealing . . .. .. .. 33 Wills deposited . . .. 4 Administration Abroad .. 34 Common Fund .. . . 4 Unclaimed Lands .. . . . . 34 Powers of Public Trustee .. .. 4 Unclaimed Property .. 35 Investigation and Audit of Accounts of Absentee Mortgagees .. .. 35 Private Trustees .. .. 5 Claims under Workers' Compensation Sharing of Benefits from Successful Act, 1922 .. .. .. 36 Working .. . . 5 Claims for Damages for Personal Injury Charges .. .. .. 5 or Death .. .. .. 37 Advisory Trustees .. .. .. 6 Minors' Policies .. .. .. 37 Safe-deposit Repositories .. .. 6 Education Reserves Amendment Act, State Trusteeship .. .. .7 1910 .. .. .. .. 38 Organization .. .. 7 Charitable and Public Trusts .. 38 Common Fund .. .. 8 Wills deposited .. ~ .. 41 Legislation .. .. .. .12 Legal Division .. .. .. 42 Finance .. .. .. .. 13 Mortgage Division .. .. .. 43 Investments .. .. 13 Investments from Common Fund .. 43 Annual Accounts .. .. 13 Selection of Securities .. .. 44 Value of Estates .. .. 13 Loans on Country Properties . . 44 Table illustrating Progress .. 14 Corporate Lending .. . . 45 Advances to Estates and Beneficiaries . . 14 Loans on Instalment System .. . . 46 Government Superannuation and other Loans for Erection of Business Blocks .. 46 Funds .. .. .. 15 Tongariro National Park Board .. 47 Local Bodies' Superannuation Funds .. 15 Local Bodies' Loans .. 47 Insurance Companies' Deposits . . 15 Earthquake Disaster .. 47 Local Bodies' Sinking Funds . . . . 15 Overdue Interest .. . . . . 47 Depreciation Funds .. .. ..16 Investment of Superannuation Funds .. 48 Miscellaneous Accounts .. 16 Total Investments .. .. .. 48 Trustee for Debenture-holders .. 16 Renewals of Existing Mortgages .. 48 General Legal Expenses Account . . 16 Decentralization .. .. 48 Internal Check .. .. 16 Custody of Deeds .. .. 49 Office Buildings .. .. .. 16 Review of Investment Work .. .. 49 Safe-deposit Lockers .. 17 Doubtful Securities .. .. .. 50 Staff .. .. .. 17 Mortgage Registrations .. .. 50 Correspondence .. .. 18 Rural Intermediate Credit .. .. 51 Records .. .. .. .. 19 Inspections .. .. .. .. 52 Administration of Estates .. 19 Enemy Property in New Zealand, and Statistics .. .. .. .. 19 Clearing Office Operations .. 54 New Business .. .. 19 Realization and Disposal of Ex-enemy Expeditious Administration . . 20 Property in New Zealand .. 55 Administration Accounts .. ..21 Amalgamation of Accounts under Articles Real Estate .. .. 22 296 and 297 of Treaty of Versailles 55 Businesses in Estates .. 24 Clearing Office Duties —Progress regardRealizations .. .. . . 25 ing Disposal of Claims .. .. 56 Shares .. .. .. .. 26 Releases .. .. .. .. 57 Claims against Estates .. 27 Clearing Office and Enemy Property Correspondence in Estates .. .. 28 Work in United Kingdom .. .. 58 Protection of Beneficiaries .. .. 28 Conclusion .. .. .. .. 58

i—B. 9.