The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-05-02
new PHASE OF SERVICE
FOR TRUST COMPANIES
Not Only. willing To Accept TEN
porary Trusts, But Capable To
Perform.
wANDERLUsr PROBLEM SOLVED
Busy Man Who Would Quit Affairs
For Time 10 Travel May Safely
Place His Affairs Within Keeping
OF Their Company.

It is the exceptional man, who has
made that material success in life
which gives substance to his wishes,
that there has not come at times an
almost uncontrolioble desire to trav-
ell. Irvings word paintings of the
Aihambra. the glories of Rome, the
art and the literature OF France, the
scenic beauties of The Rhine. the
magnificence Of Cologne and Florence.
the gay life along the Riviera. the
historic places of Britain, the grand
eur of Scotland, not to mention the
wonders of the far Orient and the
shrines OF the Holy Land, have stirred
his Imagination and caught his fancy.
The better knowledge OF China and
Japan which comes with closer re-
lations with those great empires, the
pride he takes In our island posses
sions, acquired through the daring
sortfe OF Dewey. all contribute to tho
desire to see the world; to know more
Of his fellowmen differing in national
ty, point OF view and mode of life.
Means he has in plenty, but time
that's the question and there's the
rub. He is independently well-to-do
i'm the things men call wealth. but he
IS bound to his affairs. apparently as
securely as the HtyAiChi
to the rock. He would gladly shift
the collection of his rents. the care
of his tenants, the control of his
bonds and stocks. turn over all the
varying forms of his property, to
some capable agent. but his survey
of the situation discloses no one in
whose personality are combined all
the elements which he exacts. That
employee may be especially good as
a collector. but he is too young or
too inexperienced to be trusted with
SO great responsibility as the en-
tire management of the property the
prospective traveller wishes to put
aside for time. Another very capa-
BILE man, on whom he has been rely
ing so many years. is beginning TO
show signs of physical breakdown.
1t would never do to place so great a
burden on him. Other possibilities are
also discarded one by one after con-
sideration. BY a process of elimina-
ton, inexorable in it's exactions and
scope, all idea of individual trustee
ship is abandoned.
1t II at this stage his consideration
Of the possibilities of being able to
get away for year or two. that new
phase OF the service which the modern
trust company is performing with
perfect satisfaction Is brought to his
attention. While he has been enoeav-
oring to make desire At duty and TO
reconcile wanderlust with opportu-
nifty, right at his very threshold Is
presented the agency which can solve
his problem.
The trust company is not only will
ling to accept a temporary trust Of
this character but is capable OF doing
hue hast nf
modern facilities and in addition can
offer abundant proof of sufficient re-
sources to make such trust perfectly
safeguarded. The trust company will
buy and sell securities. or real estate.
invest surplus income; take compicte
charge of the absent mans proper
ty, renting 1t, keeping up repairs. pay
ing taxes and insurance-in fact as
Stunning all the details OF mans AZ
fairs. thus leaving him free to go
abroad and assuring him of very best
financial and legal care of his BUSH
ness while he revels in the delights
of travel. No longer Is IL necessary
for a man of wealth to journey to
that "land from whose bourne no
traveller e'er returns'sS before a trust
company can take under It's care the
affairs he may wish to lay aside for
a time. Temporary trusteeships. with
extent and purpose clearly marked.
are becoming a phase of the business
life of our country and are giving to
the possessors of fortunes chance to
escape for a greater or lesser, period
from the penalties a fortune sometimes
brings, secure in the knowledge that
a capable corporation whose directors
and officers are especially selected for