EX-25.1 24 w10856exv25w1.htm FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 exv25w1
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Exhibit 25.1

 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549
 

FORM T-1

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)
 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

31-0841368
I.R.S. Employer Identification No.

     
800 Nicollet Mall    
Minneapolis, Minnesota   55402
(Address of principal executive offices)   (Zip Code)

Mark A. Forgetta
U.S. Bank National Association
225 Asylum Street, 23rd Floor
Hartford, CT 06103
(860)-241-6837

(Name, address and telephone number of agent for service)

Dollar Financial Group, Inc.
(Issuer with respect to the Securities)

     
New York   13-2997911
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)
     
1436 Lancaster Avenue    
Berwyn, PA   19312
(Address of Principal Executive Offices)   (Zip Code)

Dollar Financial Group 9.75% Senior Notes due 2011

 
 

 


TABLE OF CONTENTS

Item 1. GENERAL INFORMATION.
Item 2. AFFILIATIONS WITH OBLIGOR.
Items 3-15
Item 16.


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FORM T-1

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
Washington, D.C.
 
  b)   Whether it is authorized to exercise corporate trust powers.
 
      Yes

Item 2.   AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.

      None

Items 3-15   Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

Item 16.   LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

  1.   A copy of the Articles of Association of the Trustee.*
 
  2.   A copy of the certificate of authority of the Trustee to commence business.*
 
  3.   A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*
 
  4.   A copy of the existing bylaws of the Trustee.*
 
  5.   A copy of each Indenture referred to in Item 4. Not applicable.
 
  6.   The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.
 
  7.   Report of Condition of the Trustee as of March 31, 2005, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 
*   Incorporated by reference to Registration Statement Number 333-67188.

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NOTE

     The answers to this statement insofar as such answers relate to what persons have been underwriters for any securities of the obligors within three years prior to the date of filing this statement, or what persons are owners of 10% or more of the voting securities of the obligors, or affiliates, are based upon information furnished to the Trustee by the obligors. While the Trustee has no reason to doubt the accuracy of any such information, it cannot accept any responsibility therefor.

SIGNATURE

     Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. 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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Hartford, State of Connecticut on the 18th of July, 2005

             
        U.S. BANK NATIONAL ASSOCIATION
 
           
 
      By:   /s/ Mark A. Forgetta
 
           
 
          Mark A. Forgetta
 
          Vice President
 
           
By:
  /s/ Kathy Mitchell        
 
           
 
  Kathy Mitchell        
 
  Vice President        

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Exhibit 6

CONSENT

     In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

             
Dated: July 18, 2005        
        U.S. BANK NATIONAL ASSOCIATION
 
           
 
      By:   /s/ Mark A. Forgetta
 
           
 
          Mark A. Forgetta
 
          Vice President
 
           
By:
  /s/ Kathy Mitchell        
 
           
 
  Kathy Mitchell        
 
  Vice President        

 


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Exhibit 7

U.S. Bank National Association
Statement of Financial Condition
As of 3/31/2005

($000’s)

         
    3/31/2005  
Assets
       
Cash and Due From Depository Institutions
  $ 8,894,661  
Federal Reserve Stock
    0  
Securities
    42,846,194  
Federal Funds
    2,861,316  
Loans & Lease Financing Receivables
    125,284,459  
Fixed Assets
    1,780,370  
Intangible Assets
    10,263,150  
Other Assets
    8,917,028  
 
     
Total Assets
  $ 197,847,178  
 
       
Liabilities
       
Deposits
  $ 126,268,324  
Fed Funds
    10,290,860  
Treasury Demand Notes
    0  
Trading Liabilities
    144,277  
Other Borrowed Money
    27,701,315  
Acceptances
    91,307  
Subordinated Notes and Debentures
    6,814,193  
Other Liabilities
    6,028,535  
 
     
Total Liabilities
  $ 177,338,811  
 
       
Equity
       
Minority Interest in Subsidiaries
  $ 1,022,821  
Common and Preferred Stock
    18,200  
Surplus
    11,792,288  
Undivided Profits
    7,675,058  
 
     
Total Equity Capital
  $ 20,508,367  
 
       
Total Liabilities and Equity Capital
  $ 197,847,178  

 
To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.
         
U.S. Bank National Association    
 
       
By:
  /s/ Kathy Mitchell    
 
       
 
  Kathy Mitchell    
 
  Vice President    
 
       
Date: July 18, 2005