The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-06-09

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NATIONAL TRUST COMPANY
OF the city OF New York.
Temporary Office at the Ninth National Bank.
No SS Broadway.
NEW YORK. juno O. 1901.
The of subscription to capital stock of this Com
pany are now open at the Ninth National Bank
Capital, 81 ooo,ooo-shares 500 each.
The stock being mostly subscribed and applied for the
Books win be closed Those who wish to sub
scribe win please do so without delay.
The charter unusually guarded, making the public quite
in any deposits the institution any trusts
committed 70 its charge.
THE CHARTER AND FRANCHISES ARE VALUABLE.
We have great confidence of the Company,
and believe that its stock will profit
able.
Dividends in Trust Companies declared semannualy,
out OF profits under the conditions dividends
made BY banking institutions.
Full information win be given by calling the Ninth Ma
tioDai BANK, or BY addressing the Commissioners.
Small subscriptions wen large are received
THE PAYMENTS WILL BE AS FOLLOWS:
June i7. per cent
August l. 1867 10 per cont
September ,, 1857 10 per cent
October l, 10 per cent
January TO- ls6s........... per cent
February 10. 1868. .D per cent
The average the payments is September r. 1867
allowed interest at the rate per per
the average day of payment Yours, very truly,
ELISHA A. PACKER,
THOMAS W. SHANNON.
THOMAS B. READ. Commissioners.
JOSEPH U. oRvIs,
HENRY c CARTER,
The Company its capital bond and
mortgage ON unncumbered worth
double the loaned, United States
stocks bonds of cities of this
State.
And It further loan It's deposits other
funds government Stocks State stocks bonds Of in
corporated cities of this State.
The stock Of this Company has the advantage the
stock Of State and national banks respect taxation
that the Company win be liable pay its
capital or nontaxable government
bonds Last year, these taxes, in this city, amounted
nearly three per cent.
TRUST POWERS
j. To receive money from individuals and corporations
and allow such interest as may be agreed upon.
2 The Company authorized TO accept the agency of
corporations in issuing registering counterssnns Ger
tcates Of Stocks Bonds evidences debt and for
the collection and payment Dividends and Interest
s TO ac - Trustee Of Mortgages Of Railroads and
other corporations
4 TO act ~ Receiver in cases of litigation.
The company constituted BY its legal depOs
tory OF money paid into court
To accept and execute trusts reference both
real and personal estate TO Company by an
person or corporation transferred the Company by
order any of Record any Surrogate.
a. To act rs executors administrators of estates
g. As guardian OF estates belonging to infants.
As trustees married women and may charge
and manage their separate property.
and religious institutions and corporations
H. To act as agent city governments
and OF IN the management Of their business the
financial centre OF the country.
L. To act agent foreign banks, bankers
men and corporations having susness transactions in the
city Of New York.
IL May assignee In bankruptcy the Genera
Bsnkrap,iaw.
GUARANTEES.
Among the afforded by OF this CON-
pauy, which attention is Called are the following
Ever, citizen of vi. S.s.s ana h. 4
oeshoIder the company the amount Of at ,eas., i've
iss. .las1 da;si's '-s---.-.ssss *,
duties his Office his election shall have been <p
proved BY The Supreme Court.
No loan shall he made directly o. indirectly 10 any
trustee, officer Or employee Of said corporation.
The eonpsny shall rcpors the Supreme Court. an
sas,iy, fun affairs, such FORM and
manner the court shall direct There
reserved the full and ample vistorisl powers
D. Before commencing the company required
security in The Bank Department by depostns with
the Bank superintendent Bonds and Mortgages United
State Stocks the amount Of 100000 which
shall be kept good At all times during the corporate
existence Of the Company.
lis not permitted 70 discount or deal In commercial
business paper
Business win be commenced The Of
S5oo shall have been paid in and invested IN
OF the charter.
The other Trust Companies and the high