FIDUCIARIES-Continued

Corporate-Continued

Advantages, 477-490
Agents, acting as, 507
Bond not required, 486

Care required for manifold details,
482

Case showing effect of individual's
poor investments, representatives,
489

Comparison of individual and trust
company in caring for estate, 479,
492-505

Custodians, acting as, 507
Depository, acting as, 514
Entries must prove everyday, 498
Experts in trust work, 479

Family dissensions, effect of, 492
For long terms, 487

Funds, how kept by, 500

How kept informed as to securities,

501

Income, care required to conserve,
486

Index of all securities kept by, 501
Individual administration of large

estates, 484

Injudicious selection of individual
representatives, 493

Legal ethics as to relation with law-

yers, 559

Loss to estate only where approved

securities decrease in value, 504
Objection of lack of personal contact,

answer to, 495

Organization of trust department of
bank

Forms, 548, 549, 742-751
Qualifications, summing up, 505
Records, will keep adequate, 497
Registrar, 543

Relation of legal profession to, 553
Relation of trustees to beneficiaries,
496

Representatives in foreign countries,
489

Skilled in making investments, 488
Sundry relations, 507

Systems of checking up used by
banks, proof against error, 498
Transfer agent, 532-543
Trust agreements, 520
Trustees for bondholders, 519-530
Typical synoptics in use, 762, 763
Why cannot be dishonesi, 503