EX-25.1 5 dex251.htm FORM T-1/SENIOR DEBT SECURITIES FORM T-1/SENIOR DEBT SECURITIES

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

 


 

CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF

A TRUSTEE PURSUANT TO SECTION 305(b)(2)

 


 

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

    13-4994650

(State of incorporation

if not a national bank)

 

(I.R.S. employer

identification No.)

 

1111 Polaris Parkway

Columbus, Ohio

  43271
(Address of principal executive offices)   (Zip Code)

 

Thomas F. Godfrey

Vice President and Assistant General Counsel

JPMorgan Chase Bank, National Association

1 Chase Manhattan Plaza, 25th Floor

New York, NY 10081

Tel: (212) 552-2192

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

 


 

Dominion Resources, Inc.

(Exact name of obligor as specified in its charter)

 

Virginia   54-1229715

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification No.)

 

120 Tredegar Street

Richmond, Virginia

  23219
(Address of principal executive offices)   (Zip Code)

 


 

Senior Debt Securities

(Title of the indenture securities)

 



GENERAL

 

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, Washington, D.C.

 

Board of Governors of the Federal Reserve System, Washington, D.C., 20551

 

Federal Deposit Insurance Corporation, Washington, D.C., 20429.

 

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

 

Yes.

 

Item 2. Affiliations with the Obligor and Guarantors.

 

If the obligor or any guarantor is an affiliate of the trustee, describe each such affiliation.

 

None.

 

-2-


Item 16. List of Exhibits

 

List below all exhibits filed as a part of this Statement of Eligibility.

 

1. A copy of the Articles of Association of JPMorgan Chase Bank, N.A. (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

2. A copy of the Certificate of Authority of the Comptroller of the Currency for the trustee to commence business. (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

3. None, the authority of the trustee to exercise corporate trust powers being contained in the documents described in Exhibits 1 and 2.

 

4. A copy of the existing By-Laws of the Trustee. (see Exhibit 4 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

5. Not applicable.

 

6. The consent of the Trustee required by Section 321(b) of the Act. (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

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.

 

8. Not applicable.

 

9. Not applicable.

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, JPMorgan Chase Bank, N.A., 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 21st day of June, 2005.

 

JPMORGAN CHASE BANK, N.A.
By  

/s/ Carol Ng


    Carol Ng
    Vice President

 

-3-


Exhibit 7 to Form T-1

 

Bank Call Notice

 

RESERVE DISTRICT NO. 2

CONSOLIDATED REPORT OF CONDITION OF

 

JPMorgan Chase Bank, N.A.

of 270 Park Avenue, New York, New York 10017

and Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System,

 

at the close of business March 31, 2005, 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 Millions


ASSETS              

Cash and balances due from depository institutions:

             

Noninterest-bearing balances and currency and coin

          $ 36,236

Interest-bearing balances

            24,384

Securities:

             

Held to maturity securities

            101

Available for sale securities

            60,180

Federal funds sold and securities purchased under agreements to resell

             

Federal funds sold in domestic offices

            39,536

Securities purchased under agreements to resell

            133,265

Loans and lease financing receivables:

             

Loans and leases held for sale

            21,045

Loans and leases, net of unearned income

   $ 341,550       

Less: Allowance for loan and lease losses

     5,313       

Loans and leases, net of unearned income and allowance

            339,000

Trading Assets

            236,590

Premises and fixed assets (including capitalized leases)

            8,425

Other real estate owned

            142

Investments in unconsolidated subsidiaries and associated companies

            840

Customers’ liability to this bank on acceptances outstanding

            592

Intangible assets

             

Goodwill

            23,365

Other Intangible assets

            10,259

Other assets

            49,089
               

TOTAL ASSETS

          $ 983,049
           

 


LIABILITIES

               

Deposits

               

In domestic offices

          $ 378,772  

Noninterest-bearing

   $ 134,412         

Interest-bearing

     244,360         

In foreign offices, Edge and Agreement subsidiaries and IBF’s

            155,364  

Noninterest-bearing

   $ 6,701         

Interest-bearing

     148,663         

Federal funds purchased and securities sold under agreements to repurchase:

               

Federal funds purchased in domestic offices

            8,918  

Securities sold under agreements to repurchase

            84,208  

Trading liabilities

            138,428  

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

            78,207  

Bank’s liability on acceptances executed and outstanding

            592  

Subordinated notes and debentures

            17,511  

Other liabilities

            38,035  

TOTAL LIABILITIES

            900,035  

Minority Interest in consolidated subsidiaries

            1,424  

EQUITY CAPITAL

               

Perpetual preferred stock and related surplus

            0  

Common stock

            1,785  

Surplus (exclude all surplus related to preferred stock)

            58,591  

Retained earnings

            21,936  

Accumulated other comprehensive income

            (772 )

Other equity capital components

            0  

TOTAL EQUITY CAPITAL

            81,590  
           


TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL

          $ 983,049  
           


 

I, Joseph L. Sclafani, E.V.P. & Controller 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.

 

JOSEPH L. SCLAFANI

 

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.

 

WILLIAM B. HARRISON, JR.   )
JAMES DIMON   ) DIRECTORS
MICHAEL J. CAVANAGH   )