EX-25.1 7 l94737aexv25w1.txt EX-25.1--FORM T-1 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) HSBC BANK USA (Exact name of trustee as specified in its charter) New York 13-2774727 (Jurisdiction of incorporation (I.R.S. Employer or organization if not a U.S. Identification No.) national bank) 452 Fifth Avenue, New York, NY 10018-2706 (212) 525-5600 (Zip Code) (Address of principal executive offices)
Warren L. Tischler, SVP HSBC Bank USA 452 Fifth Avenue New York, New York 10018-2706 Tel: (212) 525-1311 (Name, address and telephone number of agent for service) HAWK CORPORATION* (Exact name of obligor as specified in its charter) Delaware 34-1608156 (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) 200 Public Square, Suite 30-5000 Cleveland, Ohio 44114 (216) 861-3553 (Zip Code) (Address of principal executive offices)
Senior Notes Guarantees of the Senior Notes (Title of Indenture Securities) *TABLE OF ADDITIONAL REGISTRANTS
State or Other Jurisdiction of I.R.S. Employer Exact name of additional Registrant Incorporation or Identification as specified in its charter Organization Number ---------------------------------- ----------------- ------ Allegheny Clearfield, Inc. Pennsylvania 25-1408704 Friction Products Co. Ohio 34-1608009 Hawk Brake, Inc. Ohio 34-1657454 Hawk MIM, Inc. Ohio 34-1940518 Hawk Motors, Inc. Delaware 31-1815526 Hawk Precision Components Group, Inc. Ohio 30-0018123 Helsel, Inc. Delaware 35-1957561 Logan Metal Stampings, Inc. Ohio 34-1608159 Net Shape Technologies LLC Delaware 34-1899581 Quarter Master Industries, Inc. Delaware 36-4323703 S.K. Wellman Holdings, Inc. Delaware 34-1805476 S.K. Wellman Corp. Delaware 34-1804995 Sinterloy Corporation Delaware 31-1549254 Tex Racing Enterprises, Inc. Delaware 56-1323370
General Item 1. General Information. Furnish the following information as to the trustee: (a) Name and address of each examining or supervisory authority to which it is subject. State of New York Banking Department. Federal Deposit Insurance Corporation, Washington, D.C. Board of Governors of the Federal Reserve System, Washington, D.C. (b) Whether it is authorized to exercise corporate trust powers. Yes. Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation. None Item 16. List of Exhibits Exhibit T1A(i) (1) Copy of the Organization Certificate of HSBC Bank USA. T1A(ii) (1) Certificate of the State of New York Banking Department dated December 31, 1993 as to the authority of HSBC Bank USA to commence business as amended effective on March 29, 1999. T1A(iii) Not applicable. T1A(iv) (3) Copy of the existing By-Laws of HSBC Bank USA as amended on April 11, 2002. T1A(v) Not applicable. T1A(vi) (2) Consent of HSBC Bank USA required by Section 321(b) of the Trust Indenture Act of 1939. T1A(vii) Copy of the latest report of condition of the trustee (December 31, 2001), published pursuant to law or the requirement of its supervisory or examining authority. T1A(viii) Not applicable. T1A(ix) Not applicable.
(1) Exhibits previously filed with the Securities and Exchange Commission with Registration No. 022-22429 and incorporated herein by reference thereto. (2) Exhibit previously filed with the Securities and Exchange Commission with Registration No. 33-53693 and incorporated herein by reference thereto. (3) Exhibit previously filed with the Securities and Exchange Commission with Registration No. 333-88532 and incorporated herein by reference thereto. SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, HSBC Bank USA, a banking corporation and trust company organized 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 7th day of June 2002. HSBC BANK USA By: /s/ Frank J. Godino -------------------------------------- Frank J. Godino Vice President EXHIBIT T1A (vii) Board of Governors of the Federal Reserve System OMB Number: 7100-0036 Federal Deposit Insurance Corporation OMB Number: 3064-0052 Office of the Comptroller of the Currency OMB Number: 1557-0081 FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL Expires March 31, 2004 ----------------------------------------------------------------------------------------------------------------------------------- Please refer to page i, Table of Contents, for the required disclosure of estimated burden. [1] ----------------------------------------------------------------------------------------------------------------------------------- CONSOLIDATED REPORTS OF CONDITION AND INCOME FOR A BANK WITH DOMESTIC AND FOREIGN OFFICES--FFIEC 031
REPORT AT THE CLOSE OF BUSINESS DECEMBER 31, 2001 (19980930) ------------ (RCRI 9999) This report is required by law; 12 U.S.C. This report form is to be filed by banks with Section 324 (State member banks); 12 branches and consolidated subsidiaries in U.S. U.S.C. Section 1817 (State nonmember territories and possessions, Edge or Agreement banks); and 12 U.S.C. Section 161 subsidiaries, foreign branches, consolidated (National banks). foreign subsidiaries, or International Banking Facilities. NOTE: The Reports of Condition and Income must be signed by an authorized officer and The Reports of Condition and Income are to be the Report of Condition must be attested to prepared in accordance with Federal regulatory by not less than two directors (trustees) authority instructions. for State nonmember banks and three directors for State member and National Banks. We, the undersigned directors (trustees), attest to the correctness of this Report of Condition I, Gerald A. Ronning, Executive VP & Controller (including the supporting schedules) and declare ----------------------------------------------------- that it has been examined by us and to the best Name and Title of Officer Authorized to Sign Report of our knowledge and belief has been prepared in conformance with the instructions issued by the Of the named bank do hereby declare that appropriate Federal regulatory authority and is these Reports of Condition and Income true and correct. (including the supporting schedules) been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and believe. /s/ Youssef Nasr ------------------------------------------------- Director (Trustee) /s/ Gerald A. Ronning /s/ Bernard J. Kennedy ----------------------------------------------- ------------------------------------------------- Signature of Officer Authorized to Sign Report Director (Trustee) 2/14/02 /s/ Sal H. Alfieri ----------------------------------------------- ------------------------------------------------- Date of Signature Director (Trustee)
------------------------------------------------------------------------------ SUBMISSION OF REPORTS Each Bank must prepare its Reports of Condition and For electronic filing assistance, contact EDS Call Income either: Report Services, 2150 N. Prospect Ave., Milwaukee, WI 53202, telephone (800) 255-1571. (a) in electronic form and then file the computer data file directly with the banking agencies' collection To fulfill the signature and attestation requirement agent, Electronic Data System Corporation (EDS), for the Reports of Condition and Income for this report by modem or computer diskette; or date, attach this signature page to the hard-copy of the completed report that the bank places in its files. b) in hard-copy (paper) form and arrange for another party to convert the paper report to automated form. That party (if other than EDS) must transmit the bank's computer data file to EDS.
------------------------------------------------------------------------------ FDIC Certificate Number 0 0 5 8 9 (RCRI 9030) http://WWW.BANKING.US.HSBC.COM HSBC Bank USA --------------------------------------------------------- ------------------------------------------------------------------- Primary Internet Web Address of Bank Legal Title of Bank (TEXT 9010) (Home Page), if any (TEXT 4087) ((Example: www.examplebank.com) Buffalo ------------------------------------------------------------------- City (TEXT 9130) N.Y. 14203 ------------------------------------------------------------------- State Abbrev. (TEXT 9200) ZIP Code (TEXT 9220)
Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency REPORT OF CONDITION Consolidated domestic subsidiaries HSBC Bank USA of Buffalo ------------------------------------------------------------------------ Name of Bank City in the state of New York, at the close of business December 31, 2001
ASSETS Thousands of dollars Cash and balances due from depository institutions: ------------------- Non-interest-bearing balances currency and coin $ 2,102,271 Interest-bearing balances 3,104,501 Held-to-maturity securities 4,341,263 Available-for-sale securities 14,362,591 Federal funds sold and securities purchased under agreements to resell 3,744,624 Loans and lease financing receivables: ------------------- Loans and leases held for sale $ 3,138,108 ------------------- ------------------- Loans and leases net of unearned income $ 37,663,728 ------------------- LESS: Allowance for loan and lease losses 481,706 ------------------- ------------------ Loans and lease, net of unearned income, allowance, and reserve $ 37,182,022 Trading assets 9,010,203 Premises and fixed assets 748,470 Other real estate owned 16,750 Investments in unconsolidated subsidiaries 241,219 Customers' liability to this bank on acceptances outstanding 95,864 Intangible assets: Goodwill 2,237,582 Intangible assets: Other intangible assets 370,005 Other assets 3,534,907 Total assets 84,230,380 -------------------
LIABILITIES Deposits: ------------------- In domestic offices 37,067,334 ------------- ------------------- Non-interest-bearing 5,371,379 Interest-bearing 31,695,955 ------------- ------------------- In foreign offices 21,152,909 ------------- ------------------- Non-interest-bearing 428,252 Interest-bearing 20,724,657 ------------- ------------------- Federal funds purchased and securities sold under agreements to repurchase 437,967 ------------------- Trading Liabilities 3,800,987 Other borrowed money 8,004,150 Bank's liability on acceptances 95,864 Subordinated notes and debentures 1,540,229 Other liabilities 5,231,972 ------------------- Total liabilities 77,331,412 ------------------- Minority Interests in consolidated Subsidiaries 172 ------------------- EQUITY CAPITAL ------------------- Perpetual preferred stock and related surplus - Common Stock 205,000 Surplus 6,432,902 Retained earnings 165,520 Accumulated other comprehensive income 95,374 Other equity capital components - Total equity capital 6,898,796 Total liabilities, minority interests and equity capital 84,230,380 -------------------