EX-25.1 6 h21518exv25w1.htm STATEMENT OF ELIGIBILITY OF TRUSTEE ON FORM T-1 exv25w1
 

EXHIBIT 25.1

 
 

FORM T-1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE


CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) [ ]


WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)
     
Not Applicable
  94-1347393
(State of incorporation
  I.R.S. employer
if not a U.S. national bank)
  identification no.)
 
   
505 Main Street, Suite 301
   
Fort Worth, Texas
  76102
(Address of principal executive offices)
  (Zip code)

Wells Fargo & Company
Law Department, Trust Section, MAC N9305-172
Sixth and Marquette, 17th Floor
Minneapolis, MN 55479
(agent for services)


CARRIAGE SERVICES, INC.

(Exact name of obligor as specified in its charter)
     
Delaware
  76-0423828
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
1900 St. James Place, 4th Floor
   
Houston, Texas
  77056
(Address of principal executive offices)
  (Zip code)


7.875% Notes due 2015
(Title of the indenture securities)

 
 

 


 

Item 1. General Information. Furnish the following information as to the trustee:

     (a) Name and address of each examining or supervising authority to which it is subject.

Comptroller of the Currency,
Treasury Department
Washington, D.C. 20230

Federal Deposit Insurance Corporation
Washington, D.C. 20429

Federal Reserve Bank of San Francisco
San Francisco, CA 94120

     (b) Whether it is authorized to exercise corporate trust powers.

     The trustee is authorized to exercise corporate trust powers.

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

     None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15. Foreign Trustee. Not applicable.

Item 16. List of Exhibits.

Wells Fargo Bank incorporates by reference into this Form T-1 exhibits attached hereto.

Exhibit 1.  A copy of the Articles of Association of the trustee now in effect.*

Exhibit 2.  A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated November 28, 2001.*

Exhibit 3.  A copy of the authorization of the trustee to exercise corporate trust powers. A copy of the Comptroller of the Currency Certificate of Corporate Existence (with Fiduciary Powers) for Wells Fargo Bank, National Association, dated November 28, 2001.*

Exhibit 4.  Copy of By-laws of the trustee as now in effect.*

Exhibit 5.  Not applicable.

Exhibit 6.  The consents of United States institutional trustees required by Section 321(b) of the Act.

 


 

Exhibit 7.  Attached is a copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.

Exhibit 8.  Not applicable.

Exhibit 9.  Not applicable.

*   Incorporated by reference to exhibit number 25 filed with registration statement number 333-87398.

 


 

SIGNATURE

     Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Fort Worth and State of Texas on the                      day of                     , 2005.
         
  WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
  By:   /s/ Melissa Scott    
    Melissa Scott, Vice President   
       
 

 


 

Exhibit 6

                    , 2005

Securities and Exchange Commission
Washington, D.C. 20549

Gentlemen:

     In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request thereof.
         
  Very truly yours,


WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
  By:   /s/ Melissa Scott    
    Melissa Scott, Vice President   
       
 

 


 

Exhibit 7

Consolidated Report of Condition of

Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business December 31, 2004, filed in accordance with 12 U.S.C. §161 for National Banks.

                 
            Dollar Amounts  
            In Millions  
ASSETS
               
Cash and balances due from depository institutions:
               
Noninterest-bearing balances and currency and coin
          $ 12,653  
Interest-bearing balances
            3,281  
Securities:
               
Held-to-maturity securities
            0  
Available-for-sale securities
            28,571  
Federal funds sold and securities purchased under agreements to resell:
               
Federal funds sold in domestic offices
            2,544  
Securities purchased under agreements to resell
            1,114  
Loans and lease financing receivables:
               
Loans and leases held for sale
            33,027  
Loans and leases, net of unearned income
    246,371          
LESS: Allowance for loan and lease losses
    2,428          
Loans and leases, net of unearned income and allowance
            243,943  
Trading Assets
            7,177  
Premises and fixed assets (including capitalized leases)
            3,386  
Other real estate owned
            134  
Investments in unconsolidated subsidiaries and associated companies
            343  
Customers’ liability to this bank on acceptances outstanding
            137  
Intangible assets
               
Goodwill
            8,614  
Other intangible assets
            8,582  
Other assets
            12,750  
 
               
 
             
Total assets
          $ 366,256  
 
             
 
               
LIABILITIES
               
Deposits:
               
In domestic offices
          $ 264,717  
Noninterest-bearing
    78,210          
Interest-bearing
    186,507          
In foreign offices, Edge and Agreement subsidiaries, and IBFs
            16,987  
Noninterest-bearing
    4          
Interest-bearing
    16,983          
Federal funds purchased and securities sold under agreements to repurchase:
               
Federal funds purchased in domestic offices
            10,533  
Securities sold under agreements to repurchase
            3,258  

 


 

         
    Dollar Amounts  
    In Millions  
Trading liabilities
    4,727  
Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases)
    14,870  
Bank’s liability on acceptances executed and outstanding
    137  
Subordinated notes and debentures
    5,119  
Other liabilities
    11,158  
 
       
 
     
Total liabilities
  $ 331,506  
 
       
Minority interest in consolidated subsidiaries
    55  
 
       
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    520  
Surplus (exclude all surplus related to preferred stock)
    24,521  
Retained earnings
    8,976  
Accumulated other comprehensive income
    678  
Other equity capital components
    0  
 
     
 
       
Total equity capital
    34,695  
 
       
 
     
Total liabilities, minority interest, and equity capital
  $ 366,256  
 
     

I, Karen B. Martin, Vice President of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

Karen B. Martin
Vice President

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

     
John Stumpf
   
Carrie Tolstedt
  Directors
Pat Callahan