EX-25.1 5 l26619dexv25w1.htm EX-25.1 EX-25.1
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Exhibit 25.1
 
 
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
 
     
o   CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)
WELLS FARGO BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
     
A National Banking Association
(Jurisdiction of incorporation or
organization if not a U.S. national
bank) 		  94-1347393
(I.R.S. Employer
Identification No.)
     
101 North Phillips Avenue
Sioux Falls, South Dakota
(Address of principal executive offices) 		  57104
(Zip code)
Wells Fargo & Company
Law Department, Trust Section
MAC N9305-175
Sixth Street and Marquette Avenue, 17th Floor
Minneapolis, Minnesota 55479
(612) 667-4608
(Name, address and telephone number of agent for service)
 
THE GOODYEAR TIRE & RUBBER COMPANY1
(Exact name of obligor as specified in its charter)
     
OHIO
(State or other jurisdiction of
incorporation or organization)
   34-0253240
(I.R.S. Employer
Identification No.)
     
1144 East Market Street
Akron, Ohio
(Address of principal executive offices) 		  44316-0001
(Zip code)
 
Goodyear Tire and Rubber Company — $500,000,000 Senior Floating Rate Notes due 2009
Goodyear Tire and Rubber Company — $325,000,000 8.625% Senior Notes due 2011
(Title of the indenture securities)
 
 
1 See Table 1 – List of additional obligors

 

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TABLE 1
SUBSIDIARY GUARANTORS
                         
                Primary    
                Standard    
    State of   I.R.S. Employer       Industrial    
    Incorporation or   Identification   Address of Registrant’s   Classification   Address of
Registrant   Organization   Number   Principal Executive Offices   Code Number   Agent for Service
Celeron Corporation
  Delaware   51-0269149   1144 East Market Street
Akron, Ohio 44316
(330) 796-2121 		    9995     Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800
 
                        
Dapper Tire Co., Inc.
  California   95-2012142   4025 Lockridge Street
San Diego, California 92102
(714) 375-6146 		    5013     Corporation Service Company—
Lawyers Incorporating Service
2730 Gateway Oaks Drive
Suite 100
Sacramento, California 95833
(800) 927-9800
 
                        
Divested Companies Holding Company
  Delaware   51-0304855   2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800 		    9995     Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800
 
                        
Divested Litchfield Park Properties, Inc.
  Arizona   51-0304856   2338 W. Royal Palm Road
Suite J
Phoenix, Arizona 85021
(800) 927-9800 		    9995     Corporation Service Company
2338 W. Royal Palm Road
Suite J
Phoenix, Arizona 85021
(800) 927-9800
 
                        
Goodyear Canada Inc.
  Ontario   Not applicable   450 Kipling Avenue
Toronto Ontario M8Z 5E1
Canada
(416) 201-4300 		    3060     Secretary
450 Kipling Avenue
Toronto Ontario M8Z 5F1
Canada
(416) 201-4300
 
                        
Goodyear Farms, Inc.
  Arizona   86-0056985   2338 W. Royal Palm Road
Suite J
Phoenix, Arizona 85021
(800) 927-9800 		    3523     Corporation Service Company
2338 W. Royal Palm Road
Suite J
Phoenix, Arizona 85021
(800) 927-9800
 
                        
Goodyear International Corporation
  Delaware   34-0253255   1144 East Market Street
Akron, Ohio 44316-0001
(330) 796-2121 		    5013     Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800
 
                        
Goodyear Western Hemisphere Corporation
  Delaware   34-0736571   2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800 		    5013     Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800
 
                        
The Kelly-Springfield Tire Corporation
  Delaware   31-1515120   1144 East Market Street
Akron, Ohio 44316-0001
(330) 796-2121 		    9995     Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800
 
                        
Wheel Assemblies Inc.
  Delaware   34-1879550   2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800 		    9995     Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800
 
                        
Wingfoot Commercial Tire Systems, LLC
  Delaware   31-1735402   1144 East Market Street
Akron, Ohio 44316-0001
(330) 796-2121 		    5531     Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, Delaware 19808
(800) 927-9800
 
                        
Wingfoot Ventures Eight Inc.
  Delaware   51-0319223   1105 North Market Street
Suite 1300
Wilmington, Delaware 19899
(302) 651-8410
     9995     Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, Delaware 19808

 

TABLE OF CONTENTS

Item 1. General Information
Item 2. Affiliations with Obligor
Item 15. Foreign Trustee
Item 16. List of Exhibits
SIGNATURE

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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
Federal Deposit Insurance Corporation
Washington, D.C. 20429
Federal Reserve Bank of San Francisco
San Francisco, California 94120
  (b)   Whether it is authorized to exercise corporate trust powers.
 
      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.
No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.
Item 15. Foreign Trustee.           Not applicable.
Item 16. List of Exhibits.             List below all exhibits filed as a part of this Statement of Eligibility.
     
Exhibit 1.
  A copy of the Articles of Association of the trustee now in effect.*
 
    
Exhibit 2.
  A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**
 
    
Exhibit 3.
  See Exhibit 2
 
    
Exhibit 4.
  Copy of By-laws of the trustee as now in effect.***
 
    
Exhibit 5.
  Not applicable.
 
    
Exhibit 6.
  The consent of the trustee required by Section 321(b) of the Act.
 
    
Exhibit 7.
  A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
 
    
Exhibit 8.
  Not applicable.
 
    
Exhibit 9.
  Not applicable.

 

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*      Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.
**    Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.
***  Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25.1 to the Form S-4 dated May 26, 2005 of Penn National Gaming, Inc. file number 333-125274.

 

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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Minneapolis and State of Minnesota on the 10th day of August, 2007.
         
  WELLS FARGO BANK, NATIONAL ASSOCIATION
 		  
  /s/ Timothy P. Mowdy    
  Timothy P. Mowdy   
  Vice President   

 

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EXHIBIT 6
August 10, 2007
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
         
  Very truly yours,


WELLS FARGO BANK, NATIONAL ASSOCIATION
 		  
  /s/ Timothy P. Mowdy    
  Timothy P. Mowdy   
  Vice President   

 

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Consolidated Report of Condition of
Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business March 31, 2007, filed in accordance with 12 U.S.C. §161 for National Banks.
                 
            Dollar Amounts  
            In Millions  
ASSETS
                
Cash and balances due from depository institutions:
                
Noninterest-bearing balances and currency and coin
           $ 12,467  
Interest-bearing balances
             1,280  
Securities:
                
Held-to-maturity securities
             0  
Available-for-sale securities
             40,238  
Federal funds sold and securities purchased under agreements to resell:
                
Federal funds sold in domestic offices
             6,195  
Securities purchased under agreements to resell
             1,187  
Loans and lease financing receivables:
                
Loans and leases held for sale
             33,093  
Loans and leases, net of unearned income
     251,321          
LESS: Allowance for loan and lease losses
     2,151          
Loans and leases, net of unearned income and allowance
             249,170  
Trading Assets
             3,665  
Premises and fixed assets (including capitalized leases)
             4,173  
Other real estate owned
             657  
Investments in unconsolidated subsidiaries and associated companies
             392  
Intangible assets
                
Goodwill
             8,994  
Other intangible assets
             18,668  
Other assets
             16,668  
 
                
 
              
Total assets
           $ 396,847  
 
              
 
                
LIABILITIES
                
Deposits:
                
In domestic offices
           $ 269,773  
Noninterest-bearing
     75,101          
Interest-bearing
     194,672          
In foreign offices, Edge and Agreement subsidiaries, and IBFs
             43,580  
Noninterest-bearing
     6          
Interest-bearing
     43,574          
Federal funds purchased and securities sold under agreements to repurchase:
                
Federal funds purchased in domestic offices
             3,911  
Securities sold under agreements to repurchase
             6,114  

 

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    Dollar Amounts  
    In Millions  
Trading liabilities
     2,328  
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)
     6,914  
Subordinated notes and debentures
     10,148  
Other liabilities
     14,055  
 
        
 
      
Total liabilities
   $ 356,823  
 
        
Minority interest in consolidated subsidiaries
     58  
 
        
EQUITY CAPITAL
        
Perpetual preferred stock and related surplus
     0  
Common stock
     520  
Surplus (exclude all surplus related to preferred stock)
     24,751  
Retained earnings
     14,239  
Accumulated other comprehensive income
     456  
Other equity capital components
     0  
 
        
 
      
Total equity capital
     39,966  
 
        
 
      
Total liabilities, minority interest, and equity capital
   $ 396,847  
 
      
I, Karen B. Nelson, Vice President of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.
Karen B. Nelson
Vice President
We, the undersigned directors, attest to the correctness of this Report of Condition and 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 issued by the appropriate Federal regulatory authority and is true and correct.
Michael Loughlin
John Stumpf                                 Directors
Carrie Tolstedt