EX-25.1 32 exhibit251.htm EXHIBIT 25.1 Exhibit 25.1



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)

 

 

Wally Jones

U.S. Bank National Association

150 Fourth Avenue North, 2nd Floor

Nashville, TN 37219

(615) 251-0733

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

 

DOLLAR GENERAL CORPORATION

(Issuer with respect to the Securities)

 

Tennessee

61-0502302

(State of incorporation)

(I.R.S. Employer Identification No.)

 

100 Mission Ridge

Goodlettsville, Tennessee

(615) 855-4000

37072

(Address of principal executive offices)

(Zip Code)

 

10.625% Senior Notes Due 2015

(Title of the Indenture Securities)




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

Treasury Department

Washington, D.C. 20230


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

Yes, 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


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 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 December 31, 2008 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.


*

Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.


**

Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-145601 filed on August 21, 2007.





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 Nashville, Tennessee on the 23rd of March, 2009.





 

By:

/s/ Wally Jones

 

 

Wally Jones

 

 

Vice President





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 the 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: March 23, 2009

By:

/s/ Wally Jones

 

 

Wally Jones

 

 

Vice President





Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2009


($000’s)

 

12/31/2008

Assets

 

Cash and Balances Due From
Depository Institutions

$8,077,564

Securities

37,455,111

Federal Funds

3,290,350

Loans & Lease Financing Receivables

180,437,040

Fixed Assets

4,522,546

Intangible Assets

12,495,040

Other Assets

15,497,940

Total Assets

$261,775,591

 

 

Liabilities

 

Deposits

$171,980,048

Fed Funds

11,861,941

Treasury Demand Notes

0

Trading Liabilities

1,919,265

Other Borrowed Money

39,187,106

Acceptances

0

Subordinated Notes and Debentures

7,329,967

Other Liabilities

6,647,510

Total Liabilities

$238,925,837

 

 

Equity

 

Minority Interest in Subsidiaries

$1,664,422

Common and Preferred Stock

18,200

Surplus

12,597,620

Undivided Profits

8,569,512

Total Equity Capital

$22,849,754

 

 

Total Liabilities and Equity Capital

$261,775,591

 

 

 

 

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/ Wally Jones

 

 

Vice President

 


Date:  March 23, 2009