EX-25.1 9 c05244exv25w1.htm FORM T-1 STATEMENT OF ELIGIBILITY AND QUALIFICATION 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)       o
 
BNY MIDWEST TRUST COMPANY
(formerly known as CTC Illinois Trust Company)
(Exact name of trustee as specified in its charter)
     
Illinois
  36-3800435
(State of incorporation
  (I.R.S. employer
if not a U.S. national bank)
  identification no.)
 
   
2 North LaSalle Street
   
Suite 1020
   
Chicago, Illinois
  60602
(Address of principal executive offices)
  (Zip code)
 
Commonwealth Edison Company
(Exact name of obligor as specified in its charter)
     
Illinois
  36-0938600
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
440 South LaSalle Street
   
Suite 3300
   
Chicago, Illinois
  60605-1028
(Address of principal executive offices)
  (Zip code)
 
First Mortgage Bonds
(Title of the indenture securities)
 
 

 


 

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.
         
    Name   Address
 
       
 
  Office of Banks & Trust Companies of the State of Illinois   500 E. Monroe Street
 
      Springfield, Illinois 62701-1532
 
       
 
  Federal Reserve Bank of Chicago   230 S. LaSalle Street
 
      Chicago, Illinois 60603
  (b)   Whether it is authorized to exercise corporate trust powers.
Yes.
2.   Affiliations with Obligor.
 
    If the obligor is an affiliate of the trustee, describe each such affiliation.
 
    None.
16.   List of Exhibits.
 
    Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).
  1.   A copy of Articles of Incorporation of BNY Midwest Trust Company (formerly CTC Illinois Trust Company, formerly Continental Trust Company) as now in effect. (Exhibit 1 to Form T-1 filed with the Registration Statement No. 333-47688.)
 
  2,3.   A copy of the Certificate of Authority of the Trustee as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 2 to Form T-1 filed with the Registration Statement No. 333-47688.)
 
  4.   A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with the Registration Statement No. 333-47688.)
 
  6.   The consent of the Trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with the Registration Statement No. 333-47688.)

-2-


 

  7.   A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

-3-


 

SIGNATURE
          Pursuant to the requirements of the Act, the Trustee, BNY Midwest Trust Company, a corporation organized and existing under the laws of the State of Illinois, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Chicago, and State of Illinois, on the 1st day of May, 2006.
         
    BNY Midwest Trust Company
 
       
 
  By:   /s/      M. CALLAHAN
 
       
 
        Name: M. CALLAHAN
 
        Title: VICE PRESIDENT

-4-


 

DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
Division of Banks and Real Estate
CONSOLIDATED REPORT OF CONDITION
OF
BNY Midwest Trust Company
2 North LaSalle Street
Suite 1020
Chicago, Illinois 60602
Including the institution’s domestic and foreign subsidiaries completed as of the close of business on December 31, 2005, submitted in response to the call of the Illinois Department of Financial and Professional Regulation.
         
    Thousands of Dollars
    (000)
ASSETS
       
Cash and Due from Depository Institution
    62,643  
U.S. Treasury Securities
    -0-  
Obligations of States and Political Subdivisions
    -0-  
Other Bonds, Notes and Debentures
    -0-  
Corporate Stock
    -0-  
Trust Company Premises, Furniture, Fixtures and Other Assets Representing Trust Company Premises
    515  
Accounts Receivable
    2,871  
Goodwill
    86,816  
Intangibles
    -0-  
Other Assets
    864  
(Itemize amounts greater than 15% of Line 10)
       
Income Taxes Receivable
766      
 
       
 
       
TOTAL ASSETS
    153,709  

-5-


 

DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
Division of Banks and Real Estate
CONSOLIDATED REPORT OF CONDITION
OF
BNY Midwest Trust Company
2 North LaSalle Street
Suite 1020
Chicago, Illinois 60602
         
    Thousands of Dollars
LIABILITIES
       
Accounts Payable
    28  
Taxes Payable
    0  
Other Liabilities for Borrowed Money
    25,425  
Other Liabilities
       
(Itemize amounts greater than 15% of Line 14)
       
Reserve for Taxes
18,048      
 
    18,755  
TOTAL LIABILITIES
    44,208  
EQUITY CAPITAL
       
Preferred Stock
    - 0 -  
Common Stock
    2,000  
Surplus
    67,130  
Reserve for Operating Expenses
    - 0 -  
Retained Earnings (Loss)
    40,371  
TOTAL EQUITY CAPITAL
    109,501  
TOTAL LIABILITIES AND EQUITY CAPITAL
    153,709  

-6-


 

     
I,
  Robert L. DePaola, Vice President
 
   
 
  (Name and Title of Officer Authorized to Sign Report)
of BNY Midwest Trust Company certify that the information contained in this statement is accurate to the best of my knowledge and belief. I understand that submission of false information with the intention to deceive the Commissioner or his Administrative officers is a felony.
         
    /s/ Robert L. DePaola
 
(Signature of Officer Authorized to Sign Report)
   

-7-