EX-25.1 125 a2146609zex-25_1.txt EXHIBIT 25.1 =============================================================================== 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) |_| [GRAPHIC OMITTED] THE BANK OF NEW YORK (Exact name of trustee as specified in its charter) New York 13-5160382 (State of incorporation (I.R.S. employer if not a U.S. national bank) identification no.) One Wall Street, New York, N.Y. 10286 (Address of principal (Zip code) executive offices) [GRAPHIC OMITTED] The Jean Coutu Group (PJC) Inc. (Exact name of obligor as specified in its charter) Quebec, Canada Not Applicable (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 530 Beriault Street Longueuil, Quebec, Canada J4G1S8 (Address of principal executive (Zip code) offices) 3090671 Nova Scotia Company (Exact name of obligor as specified in its charter) Nova Scotia Not Applicable (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 530 Beriault Street Longueuil, Quebec, Canada J4G1S8 (Address of principal executive (Zip code) offices) 3090672 Nova Scotia Company (Exact name of obligor as specified in its charter) Nova Scotia Not Applicable (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 530 Beriault Street Longueuil, Quebec, Canada J4G1S8 (Address of principal executive (Zip code) offices) Brooks Pharmacy, Inc. (Exact name of obligor as specified in its charter) Delaware 05-0520980 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) Eckerd Corporation (Exact name of obligor as specified in its charter) Delaware 51-0378122 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) - 2 - Eckerd Fleet, Inc. (Exact name of obligor as specified in its charter) Florida 59-1935574 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) EDC Drug Stores, Inc. (Exact name of obligor as specified in its charter) North Carolina 56-0596933 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) EDC Licensing, Inc. (Exact name of obligor as specified in its charter) Delaware 75-2833647 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) Genovese Drug Stores, Inc. (Exact name of obligor as specified in its charter) Delaware 11-1556812 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) - 3 - JCG Holdings (USA), Inc. (Exact name of obligor as specified in its charter) Delaware 20-1147565 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) Jean Coutu Group Holdings (USA), LLC (Exact name of obligor as specified in its charter) Delaware 20-1147689 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) Maxi Drug North, Inc. (Exact name of obligor as specified in its charter) Delaware 05-0520884 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) Maxi Drug South, L.P. (Exact name of obligor as specified in its charter) Delaware 05-0520885 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) - 4 - Maxi Drug, Inc. (Exact name of obligor as specified in its charter) Delaware 04-2960944 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) Maxi Green Inc. (Exact name of obligor as specified in its charter) Vermont 45-0515111 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) MC Woonsocket, Inc. (Exact name of obligor as specified in its charter) Rhode Island 05-0490941 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) P.J.C. Distribution, Inc. (Exact name of obligor as specified in its charter) Delaware 22-3252604 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) - 5 - P.J.C. of Vermont, Inc. (Exact name of obligor as specified in its charter) Vermont 05-0498065 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) P.J.C. Realty Co., Inc. (Exact name of obligor as specified in its charter) Delaware 04-2967938 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) Paterson's Pharmacies Ltd. (Exact name of obligor as specified in its charter) Ontario Not Applicable (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 530 Beriault Street Longueuil, Quebec, Canada J4G1S8 (Address of principal (Zip code) executive offices) PJC Arlington Realty LLC (Exact name of obligor as specified in its charter) Delaware 01-0573827 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) - 6 - PJC Dorchester Realty LLC (Exact name of obligor as specified in its charter) Delaware 01-0573791 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) PJC Essex Realty LLC (Exact name of obligor as specified in its charter) Delaware 20-1151746 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) PJC Haverhill Realty LLC (Exact name of obligor as specified in its charter) Delaware 01-0573831 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) PJC Hyde Park Realty LLC (Exact name of obligor as specified in its charter) Delaware 01-0573796 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) - 7 - PJC Lease Holdings, Inc. (Exact name of obligor as specified in its charter) Delaware 01-0573780 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) PJC Manchester Realty LLC (Exact name of obligor as specified in its charter) Delaware 01-0573821 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) PJC Mansfield Realty LLC (Exact name of obligor as specified in its charter) Delaware 01-0573814 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) PJC New London Realty LLC (Exact name of obligor as specified in its charter) Delaware 20-1151630 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal (Zip code) executive offices) - 8 - PJC Norwich Realty LLC (Exact name of obligor as specified in its charter) Delaware 20-1151724 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) PJC of Cranston, Inc. (Exact name of obligor as specified in its charter) Rhode Island 05-0481150 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) PJC of East Providence, Inc. (Exact name of obligor as specified in its charter) Rhode Island 05-0481152 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) PJC of Massachusetts, Inc. (Exact name of obligor as specified in its charter) Massachusetts 05-0481151 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) - 9 - PJC of Rhode Island, Inc. (Exact name of obligor as specified in its charter) Rhode Island 23-1979613 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) PJC of West Warwick, Inc. (Exact name of obligor as specified in its charter) Rhode Island 01-0573850 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) PJC Peterborough Realty LLC (Exact name of obligor as specified in its charter) Delaware 20-1151661 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) PJC Providence Realty LLC (Exact name of obligor as specified in its charter) Delaware 01-0573850 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) - 10 - PJC Realty MA, Inc. (Exact name of obligor as specified in its charter) Massachusetts 20-0692817 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) PJC Realty N.E. LLC (Exact name of obligor as specified in its charter) Delaware 01-0573835 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) PJC Revere Realty LLC (Exact name of obligor as specified in its charter) Delaware 01-0573818 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) PJC Special Realty Holdings, Inc. (Exact name of obligor as specified in its charter) Delaware 01-0573843 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) - 11 - RX Information Centre Ltd. (Exact name of obligor as specified in its charter) Quebec Not Applicable (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 530 Beriault Street Longueuil, Quebec, Canada J4G1S8 (Address of principal executive (Zip code) offices) Services Securivol Inc. (Exact name of obligor as specified in its charter) Quebec Not Applicable (State or other jurisdiction of (I.R.S. - employer incorporation or organization) identification no.) 530 Beriault Street Longueuil, Quebec, Canada J4G1S8 (Address of principal executive (Zip code) offices) The Jean Coutu Group (PJC) USA, Inc. (Exact name of obligor as specified in its charter) Delaware 04-2925810 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) Thrift Drug Inc. (Exact name of obligor as specified in its charter) Delaware 22-2098063 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) - 12 - Thrift Drug Services, Inc. (Exact name of obligor as specified in its charter) Delaware 74-2605432 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 50 Service Road Warwick, Rhode Island 02886 (Address of principal executive (Zip code) offices) 7-5/8% Senior Notes due 2012 (Title of the indenture securities) =============================================================================== - 13 - 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 -------------------------------------------------------------- Superintendent of Banks of 2 Rector Street, New the State of New York York, N.Y. 10006, and Albany, N.Y. 12203 Federal Reserve Bank of 33 Liberty Plaza, New York New York, N.Y. 10045 Federal Deposit Insurance Washington, D.C. 20429 Corporation New York Clearing House New York, New York 10005 Association (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 Organization Certificate of The Bank of New York (formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672 and Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637.) 4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 33-31019.) 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. 33-44051.) - 14 - 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. - 15 - SIGNATURE Pursuant to the requirements of the Act, the Trustee, The Bank of New York, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on the 10th day of November, 2004. THE BANK OF NEW YORK By: /s/ Van K. Brown --------------------- Name: Van K. Brown Title: Vice President SIGNATURE Pursuant to the requirements of the Act, the Trustee, The Bank of New York, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on the 10th day of November, 2004. THE BANK OF NEW YORK By: /S/ VAN K. BROWN --------------------- Name: VAN K. BROWN Title: VICE PRESIDENT - 16 - EXHIBIT 7 ------------------------------------------------------------------------------- Consolidated Report of Condition of THE BANK OF NEW YORK of One Wall Street, New York, N.Y. 10286 And Foreign and Domestic Subsidiaries, a member of the Federal Reserve System, at the close of business June 30, 2004, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
Dollar Amounts In Thousands ASSETS Cash and balances due from depository institutions: Noninterest-bearing balances and currency and coin $2,954,963 Interest-bearing balances......................... 10,036,895 Securities: Held-to-maturity securities....................... 1,437,899 Available-for-sale securities..................... 20,505,806 Federal funds sold and securities purchased under agreements to resell.............................. Federal funds sold in domestic offices............ 5,482,900 Securities purchased under agreements to resell... 838,105 Loans and lease financing receivables: Loans and leases held for sale.................... 48,034 Loans and leases, net of unearned income.......... 38,299,913 LESS: Allowance for loan and lease losses......... 594,926 Loans and leases, net of unearned income and allowance........................................ 37,704,987 Trading Assets...................................... 2,986,727 Premises and fixed assets (including capitalized leases)............................... 957,249 Other real estate owned............................. 374 Investments in unconsolidated subsidiaries and associated companies.............................. 246,280 Customers' liability to this bank on acceptances outstanding........................... 251,948 Intangible assets................................... Goodwill.......................................... 2,699,812 Other intangible assets........................... 755,311
Other assets...................................... 7,629,093 ------------ Total assets...................................... $94,536,38 ============ LIABILITIES Deposits: In domestic offices............................... $36,481,716 Noninterest-bearing............................... 15,636,690 Interest-bearing.................................. 20,845,026 In foreign offices, Edge and Agreement subsidiaries, and IBFs........................... 25,163,274 Noninterest-bearing............................... 413,981 Interest-bearing.................................. 24,749,293 Federal funds purchased and securities sold under agreements to repurchase.......................... Federal funds purchased in domestic offices....... 898,340 Securities sold under agreements to repurchase.... 721,016 Trading liabilities................................. 2,377,862 Other borrowed money: (includes mortgage indebtedness and obligations under capitalized leases)......................... 10,475,320 Not applicable Bank's liability on acceptances executed and outstanding....................................... 254,569 Subordinated notes and debentures................... 2,422,807 Other liabilities................................... 7,321,226 ------------ Total liabilities................................... $86,116,13 ============ Minority interest in consolidated subsidiaries...... 139,967 EQUITY CAPITAL Perpetual preferred stock and related surplus....... 0 Common stock........................................ 1,135,284 Surplus............................................. 2,082,308 Retained earnings................................... 5,118,989 Accumulated other comprehensive income.............. (56,295) Other equity capital components..................... 0 ------------------------------------------------------------------------- Total equity capital................................ 8,280,286 ------------ Total liabilities, minority interest, and equity capital........................................... $94,536,383 ============
I, Thomas J. Mastro, Senior Vice President and Comptroller 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. Thomas J. Mastro, Senior Vice President and Comptroller We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. 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. ---- Thomas A. Renyi Gerald L. Hassell Directors Alan R. Griffith ---- -------------------------------------------------------------------------------