EX-25.1 6 d29099a1exv25w1.htm STATEMENT OF ELIGIBILITY OF TRUSTEE ON FORM T-1 exv25w1
 

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)
 
TEXAS INDUSTRIES, INC.
(Exact name of obligor as specified in its charter)
* See Table 1 — List of additional obligors
     
Delaware
(State or other jurisdiction of
incorporation or organization) 		  75-0832210
(I.R.S. Employer
Identification No.)
1341 West Mockingbird Lane
Suite 700W
Dallas, Texas 75247-6913
(Address of principal executive offices)
 
7 1/4% Senior Notes due 2013
(Title of the indenture securities)
 
 

 

 

Table 1
         
    Guarantor   State of Incorporation
1.
   BROOKHOLLOW CORPORATION   Delaware
 
        
2.
   BROOK HOLLOW PROPERTIES, INC.   Texas
 
        
3.
   BROOKHOLLOW OF ALEXANDRIA, INC.   Louisiana
 
        
4.
   BROOKHOLLOW OF VIRGINIA, INC.   Virginia
 
        
5.
   CREOLE CORPORATION   Delaware
 
        
6.
   PACIFIC CUSTOM MATERIALS, INC.   California
 
        
7.
   RIVERSIDE CEMENT COMPANY   California
 
        
8.
   PARTIN LIMESTONE PRODUCTS, INC.   California
 
        
9.
   RIVERSIDE CEMENT HOLDINGS COMPANY   Delaware
 
        
10.
   SOUTHWESTERN FINANCIAL CORPORATION   Texas
 
        
11.
   TEXAS INDUSTRIES HOLDINGS, LLC   Delaware
 
        
12.
   TEXAS INDUSTRIES TRUST   Delaware
 
        
13.
   TXI AVIATION, INC.   Texas
 
        
14.
   TXI CALIFORNIA INC.   Delaware
 
        
15.
   TXI CEMENT COMPANY   Delaware
 
        
16.
   TXI LLC   Delaware
 
        
17.
   TXI OPERATING TRUST   Delaware
 
        
18.
   TXI OPERATIONS, LP   Delaware
 
        
19.
   TXI POWER COMPANY   Texas
 
        
20.
   TXI RIVERSIDE INC.   Delaware
 
        
21.
   TXI TRANSPORTATION COMPANY   Texas
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.
 
    
 
    
 
  Federal Deposit Insurance Corporation
 
    
 
  Washington, D.C.
 
    
 
    
 
  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 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.
 
****   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.

 

 

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 Fort Worth and State of Texas on the 15th day of November 2005.
         
  WELLS FARGO BANK, NATIONAL ASSOCIATION
 		  
  /s/ Melissa A. Scott    
  Melissa A. Scott   
  Vice President   

 

 

         
EXHIBIT 6
November 15, 2005
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and 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/ Melissa A. Scott    
  Melissa A. Scott   
  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, 2005, 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
           $ 13,712  
Interest-bearing balances
             1,968  
Securities:
                
Held-to-maturity securities
             0  
Available-for-sale securities
             24,158  
Federal funds sold and securities purchased under agreements to resell:
                
Federal funds sold in domestic offices
             1,518  
Securities purchased under agreements to resell
             905  
Loans and lease financing receivables:
                
Loans and leases held for sale
             32,024  
Loans and leases, net of unearned income
     249,760          
LESS: Allowance for loan and lease losses
     2,336          
Loans and leases, net of unearned income and allowance
             247,424  
Trading Assets
             6,313  
Premises and fixed assets (including capitalized leases)
             3,676  
Other real estate owned
             125  
Investments in unconsolidated subsidiaries and associated companies
             330  
Customers’ liability to this bank on acceptances outstanding
             94  
Intangible assets
                
Goodwill
             8,613  
Other intangible assets
             9,109  
Other assets
             14,151  
 
                
 
              
Total assets
           $ 364,120  
 
              
 
                
LIABILITIES
                
Deposits:
                
In domestic offices
           $ 255,501  
Noninterest-bearing
     81,024          
Interest-bearing
     174,477          
In foreign offices, Edge and Agreement subsidiaries, and IBFs
             28,344  
Noninterest-bearing
     3          
Interest-bearing
     28,341          
Federal funds purchased and securities sold under agreements to repurchase:
                
Federal funds purchased in domestic offices
             9,370  
Securities sold under agreements to repurchase
             3,423  

 

 

         
    Dollar Amounts  
    In Millions  
 
        
Trading liabilities
     4,966  
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)
     10,763  
Bank’s liability on acceptances executed and outstanding
     94  
Subordinated notes and debentures
     7,038  
Other liabilities
     10,508  
 
        
 
      
Total liabilities
   $ 330,007  
 
        
Minority interest in consolidated subsidiaries
     64  
 
        
EQUITY CAPITAL
        
Perpetual preferred stock and related surplus
     0  
Common stock
     520  
Surplus (exclude all surplus related to preferred stock)
     24,521  
Retained earnings
     8,517  
Accumulated other comprehensive income
     491  
Other equity capital components
     0  
 
        
 
      
Total equity capital
     34,049  
 
        
 
      
Total liabilities, minority interest, and equity capital
   $ 364,120  
 
      
I, Karen B. Martin, 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. Martin
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.
     
Howard Atkins
    
Carrie Tolstedt
  Directors
Pat Callahan