EX-25.1 9 ex25-1.htm STATEMENT OF ELIGIBILITY OF TRUSTEE ex25-1.htm
 
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)           |__|
___________________________
 
THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
 
(State of incorporation
if not a U.S. national bank)
95-3571558
(I.R.S. employer
identification no.)
700 South Flower Street
Suite 500
Los Angeles, California
(Address of principal executive offices)
90017
(Zip code)
___________________________
 
CSX TRANSPORTATION, INC.
(Exact name of obligor as specified in its charter)

Commonwealth of Virginia
(State or other jurisdiction of
incorporation or organization)
54-60000720
(I.R.S. employer
identification no.)
500 Water Street, 15th Floor
Jacksonville, Florida
(Address of principal executive offices)
32202
(Zip code)

___________________________
 
CSX CORPORATION
(Exact name of obligor as specified in its charter)

Commonwealth of Virginia
(State or other jurisdiction of
incorporation or organization)
62-1051971
(I.R.S. employer
identification no.)
500 Water Street, 15th Floor
Jacksonville, Florida
(Address of principal executive offices)
32202
(Zip code)

___________________________
 
Senior Securities
(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
Comptroller of the Currency
United States Department of the
Treasury
 
 
Washington, D.C. 20219
Federal Reserve Bank
San Francisco, California 94105
Federal Deposit Insurance Corporation
Washington, D.C. 20429

 
(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 the articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).
 
 
2.
A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
 
3.
A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).
 
 
4.
A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).
 
 
2

 
 
 
6.
The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-121948).
 
 
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, The Bank of New York Trust Company, N.A., a 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 Jacksonville, and State of Florida, on the 11th day of December, 2007.
 
THE BANK OF NEW YORK TRUST COMPANY, N.A.
 
By:
 /s/  Geraldine Creswell
Title:    Assistant Treasurer
 
 


REPORT OF CONDITION

Consolidating domestic subsidiaries of
THE BANK OF NEW YORK TRUST COMPANY, NA
in the state of CA at close of business on September 30, 2007
published in response to call made by (Enter additional information below)
 
 
 
Statement of Resources and Liabilities
 
Dollar Amounts In Thousands

ASSETS
   
 
       
Cash and balances due from depository institutions:
   
 
Noninterest-bearing balances and currency and coin
   
11,268
Interest-bearing balances
   
0
Securities:
   
 
Held-to-maturity securities
   
40
Available-for-sale securities
   
115,996
Federal funds sold and securities purchased under agreements to resell:
   
 
Federal funds sold
   
49,900
Securities purchased under agreements to resell
   
108,174
Loans and lease financing receivables:
   
 
Loans and leases held for sale
   
0
Loans and leases, net of unearned income
0
   
LESS:  Allowance for loan and lease losses
0
   
Loans and leases, net of unearned income and allowance
   
0
Trading Assets
   
0
Premises and fixed assets (including capitalized leases)
   
12,972
Other real estate owned
   
0
Investments in unconsolidated subsidiaries and associated companies
   
0
Intangible assets:
   
 
Goodwill
   
871,685
Other intangible assets
   
308,586
Other assets
   
148,668
Total assets
   
1,627,289

 

 
REPORT OF CONDITION (Continued)
 
LIABILITIES
 
Dollar Amounts In Thousands
 
 
Deposits:
   
 
       
In domestic offices
   
2,567
Noninterest-bearing
2,567
   
Interest-bearing
0
   
Federal funds purchased and securities sold under agreements to repurchase:
   
 
Federal funds purchased
   
0
Securities sold under agreements to repurchase
   
0
Trading liabilities
   
0
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)
   
168,691
Subordinated notes and debentures
   
0
Other liabilities
   
148,215
Total liabilities
   
319,473
Minority interest in consolidated subsidiaries
   
 0
       
EQUITY CAPITAL
   
 
       
Perpetual preferred stock and related surplus
   
0
Common stock
   
1,000
Surplus (exclude all surplus related to preferred stock)
   
1,121,520
Retained earnings
   
184,893
Accumulated other comprehensive income
   
403
Other equity capital components
   
0
Total equity capital
   
1,307,816
Total liabilities, minority interest, and equity capital
   
1,627,289
 
We, the undersigned directors, attest to the
 
I, Karen Bayz, Vice President
 
correctness of this statement of resources and liabilities.  
 
(Name, Title)
 
We 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 and is true and correct.
 
of the above named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.
 
 
Director #1
Michael K. Klugman, President
     
         
Director #2
Frank Sulzberger, MD
     
         
Director #3
William D. Lindelof, VP