EX-25.1 4 h26868exv25w1.htm STATEMENT OF ELIGIBILITY & QUALIFICATION exv25w1
 

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) o
 
THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
    95-3571558
(State of incorporation
if not a U.S. national bank) 		  (I.R.S. employer
identification no.)
     
700 South Flower Street
Suite 500
Los Angeles, California 		  90017
(Address of principal executive offices)   (Zip code)
 
SERVICE CORPORATION INTERNATIONAL
(Exact name of obligor as specified in its charter)
     
Texas   74-1488375
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. employer
identification no.)
     
1929 Allen Parkway, Houston, Texas   77019
 
(Address of principal executive offices)   (Zip code)
 
(7% Senior Notes Due 2017)
 
 

 

 

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    
 
 
  Comptroller of the Currency        
 
  United States Department of the        
 
  Treasury   Washington, D.C. 20219    
 
            
 
  Federal Reserve Bank   San Francisco, California 94105    
 
            
 
  Federal Deposit Insurance Corporation   Washington, D.C. 20429    
  (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 articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).
 
  2.   A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
  3.   A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).
 
  4.   A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).

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  6.   The consent of the trustee required by Section 321(b) of the Act.
 
  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.
      
SIGNATURE
     Pursuant to the requirements of the Act, the trustee, The Bank of New York Trust Company, N.A., a 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 Dallas, and State of Texas, on the 15th day of March, 2006.
         
  THE BANK OF NEW YORK TRUST COMPANY, N.A.
 		  
  By:   (-s- Patrick T Giordano)    
    Name:   Patrick T Giordano   
    Title:   Vice President   

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EXHIBIT 6
CONSENT OF THE TRUSTEE
Pursuant to the requirements of Section 321 (b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of Blockbuster, Inc. 9% Senior Subordinated Notes Due 2012, The Bank of New York Trust Company, N.A. hereby consents that reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefor.
         
  THE BANK OF NEW YORK TRUST COMPANY, N.A.
 		  
  By:   (-s- Patrick T Giordano)    
    Name:   Patrick T Giordano   
    Title:   Vice President   
 
Dallas, Texas
March 15, 2006

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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017
     At the close of business September 30, 2005, published in accordance with Federal regulatory authority instructions.
         
    Dollar Amounts  
    in Thousands  
 
        
ASSETS
        
 
        
Cash and balances due from
        
depository institutions:
        
Noninterest-bearing balances
        
and currency and coin
     9,859  
Interest-bearing balances
     0  
Securities:
        
Held-to-maturity securities
     70  
Available-for-sale securities
     62,079  
Federal funds sold and securities
        
purchased under agreements to resell:
        
Federal funds sold
     38,000  
Securities purchased under agreements to resell
     105,100  
Loans and lease financing receivables:
        
Loans and leases held for sale
     0  
Loans and leases, net of unearned income
     0  
LESS: Allowance for loan and
        
lease losses
     0  
Loans and leases, net of unearned
        
income and allowance
     0  
Trading assets
     0  
Premises and fixed assets (including
        
capitalized leases)
     4,113  
Other real estate owned
     0  
Investments in unconsolidated
        
subsidiaries and associated companies
     0  
Customers’ liability to this bank
        
on acceptances outstanding
     0  
Intangible assets:
        
Goodwill
     265,964  
Other Intangible Assets
     16,292  
Other assets
     39,519  
 
      
Total assets
   $ 540,996  
 
      

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LIABILITIES
        
 
        
Deposits:
        
In domestic offices
        
Noninterest — bearing
     7,729  
Interest-bearing
     0  
Not applicable
        
Federal funds purchased and securities
        
sold under agreements to repurchase:
        
Federal funds purchased
     0  
Securities sold under agreements to repurchase
     0  
Trading liabilities
     0  
Other borrowed money:
        
(includes mortgage indebtedness
        
and obligations under capitalized
        
leases)
     58,000  
Not applicable
        
Bank’s liability on acceptances
        
executed and outstanding
     0  
Subordinated notes and debentures
     0  
Other liabilities
     68,953  
 
      
Total liabilities
   $ 134,682  
 
      
Minority interest in consolidated subsidiaries
     0  
 
        
EQUITY CAPITAL
        
 
        
Perpetual preferred stock and related surplus
     0  
Common stock
     1,000  
Surplus
     321,520  
Retained earnings
     84,070  
Accumulated other comprehensive income
     (276 )
Other equity capital components
     0  
Total equity capital
   $ 406,314  
 
      
Total liabilities, minority interest, and equity capital
   $ 540,996  
 
      
     I, William J. Winkelmann, 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.
     William J. Winkelmann )          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 K Klugman     )
     Frank P. Sulzberger       )          Directors
     Frank P. Sulzberger       )

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