EX-25.1 98 c49542_ex25-1.htm ex25-1.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

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)


WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

A National Banking Association   94-1347393
(Jurisdiction of incorporation or   (I.R.S. Employer
organization if not a U.S. national   Identification No.)
bank)    
 
101 North Phillips Avenue    
Sioux Falls, South Dakota   57104
(Address of principal executive offices)   (Zip code)

     Wells Fargo & Company
Law Department, Trust Section
MAC N9305-175
Sixth Street and Marquette Avenue, 17
th Floor
Minneapolis, Minnesota 55479
(612) 667-4608

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

Mobile Services Group, Inc.1 2
(Exact name of obligor as specified in its charter)

Delaware   04-3648175
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)
 
7590 North Glenoaks Boulevard    
Burbank, CA   91504
(Address of principal executive offices)   (Zip code)

_____________________________

Mobile Services Group, Inc. and Mobile Storage Group, Inc. 9 3/4% Senior Notes due 2014
(Title of the indenture securities)

 

_______________________________
1
See Table 1 – Additional Obligor
2
See Table 2 – Additional Guarantors

 


Table 1
 
Mobile Storage Group, Inc.
(Exact name of obligor as specified in its charter)
 
Delaware   20-0751031
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)
 
7590 North Glenoaks Boulevard    
Burbank, CA   91504
(Address of principal executive offices)   (Zip code)
 
 
 
 
Table 2
 
A Better Mobile Storage Company
 
California   72-1535606
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)
 
7590 North Glenoaks Boulevard    
Burbank, CA   91504
(Address of principal executive offices)   (Zip code)
 
Primary Standard Industrial Classification Code Number: 7359    
 
 
Mobile Storage Group (Texas), L.P.
 
Texas   68-0523782
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)
 
7590 North Glenoaks Boulevard    
Burbank, CA   91504
(Address of principal executive offices)   (Zip code)
 
Primary Standard Industrial Classification Code Number: 7359    

 



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. 20001
     
    Federal Deposit Insurance Corporation
    Washington, D.C. 20006
     
    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.


* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of Hornbeck Offshore Services LLC file number 333-130784-06.

** 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 S-4 dated May 26, 2005 of Penn National Gaming Inc. file number 333-125274.


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 13th day of September 2007.

  WELLS FARGO BANK, NATIONAL ASSOCIATION
   
   
  /s/ Jane Schweiger  
  Jane Schweiger
  Vice President


EXHIBIT 6

September 13, 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/ Jane Schweiger  
  Jane Schweiger
  Vice President


     EXHIBIT 7
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 June 30, 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      
$
13,030
                   Interest-bearing balances      
1,428
Securities:      
 
                   Held-to-maturity securities      
0
                   Available-for-sale securities      
65,310
Federal funds sold and securities purchased under agreements to resell:      
 
                   Federal funds sold in domestic offices      
6,864
                   Securities purchased under agreements to resell      
1,160
Loans and lease financing receivables:      
 
                   Loans and leases held for sale      
21,153
                   Loans and leases, net of unearned income   263,595  
 
                   LESS: Allowance for loan and lease losses   2,526  
 
                   Loans and leases, net of unearned income and allowance      
261,069
Trading Assets      
4,809
Premises and fixed assets (including capitalized leases)      
4,197
Other real estate owned      
754
Investments in unconsolidated subsidiaries and associated companies      
402
Intangible assets      
 
                   Goodwill      
9,231
                   Other intangible assets      
19,954
Other assets        
19,363
       
 
 
Total assets      
$
428,724
 
LIABILITIES      
 
Deposits:      
 
                   In domestic offices      
$
263,665
                                       Noninterest-bearing   70,876  
 
                                       Interest-bearing   192,789  
 
                   In foreign offices, Edge and Agreement subsidiaries, and IBFs      
48,659
                                       Noninterest-bearing   6  
 
                                       Interest-bearing   48,653  
 
Federal funds purchased and securities sold under agreements to repurchase:      
 
                   Federal funds purchased in domestic offices      
10,136
                   Securities sold under agreements to repurchase      
6,375


   
Dollar Amounts  
   
 
In Millions  
 
Trading liabilities  
2,695  
Other borrowed money  
   
                   (includes mortgage indebtedness and obligations under capitalized leases)  
27,804  
Subordinated notes and debentures  
10,140  
Other liabilities    
20,533
 
   
 
   
Total liabilities  
$
390,007  
 
Minority interest in consolidated subsidiaries  
62  
 
EQUITY CAPITAL  
   
Perpetual preferred stock and related surplus  
0  
Common stock  
520  
Surplus (exclude all surplus related to preferred stock)  
24,751  
Retained earnings  
13,469  
Accumulated other comprehensive income  
(85 )
Other equity capital components    
0
 
   
 
   
 
Total equity capital    
38,655
 
   
 
   
Total liabilities, minority interest, and equity capital  
$
428,724  

I, Howard I. Atkins, EVP & CFO 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.

   
Howard I. Atkins
   
EVP & CFO

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
Dave Hoyt