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The Pamphlet Collection of Sir Robert Stout: Volume 72

The Public Trust Office

The Public Trust Office.

The Government have power to act as trustee for any person who chooses to put his estate in the hands of the Public Trustee. The Public Trust Office has now been over twenty years in existence. All private individuals and every executor or trustee, as well as corporations and friendly societies, may vest property in the Public Trustee for such purpose as he may by the trust deed appoint. The Public Trustee, however, declines to be associated in a trust with any other person, and only accepts trusteeship subject to the approval of a specially constituted Board of Advice.