EX-25.1 25 dex251.htm STATEMENT OF ELIGIBILITY OF TRUSTEE ON FORM T-1 Statement of Eligibility of Trustee on 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)

 

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Mall

Minneapolis, Minnesota

  55402
(Address of principal executive offices)   (Zip Code)

Brad Hounsel

U.S. Bank National Association

14241 Dallas Parkway, Suite 490

Dallas, Texas 75254

(972) 458-4506

(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   75-0832210
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)
 

1341 West Mockingbird Lane

Suite 700W

Dallas, Texas

  75247-6913
(Address of Principal Executive Offices)   (Zip Code)

9  1/4% Senior Notes due 2020

(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

 

2


 

FORM T-1

 

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.

 

  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

 

Items 3-15 Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

 

Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

  1. A copy of the Articles of Association of the Trustee.*

 

  2. A copy of the certificate of authority of the Trustee to commence business.*

 

  3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*

 

  4. A copy of the existing bylaws of the Trustee.

 

  5. A copy of each Indenture referred to in Item 4. Not applicable.

 

  6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

 

  7. Report of Condition of the Trustee as of March 31, 2010 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

 

3


 

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. 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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Houston, State of Texas on the 7th of October, 2010.

 

By:

 

/s/ Brad A. Hounsel

  Brad A. Hounsel
  Vice President

 

By:

 

/s/ Israel A. Lugo

  Israel A. Lugo
  Vice President

 

4


 

Exhibit 6

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: October 28, 2010

 

By:

 

/s/ Brad A. Hounsel

  Brad A. Hounsel
  Vice President

 

By:  

/s/ Israel A. Lugo

  Israel A. Lugo
  Vice President

 

5


 

Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

Exhibit 7

As of 6/30/2010

($000’s)

 

     6/30/2010  

Assets

  

Cash and Balances Due From

   $ 5,021,509   

Depository Institutions

  

Securities

     46,751,442   

Federal Funds

     4,344,927   

Loans & Lease Financing Receivables

     182,237,162   

Fixed Assets

     5,440,512   

Intangible Assets

     13,006,313   

Other Assets

     21,662,778   
        

Total Assets

   $ 278,464,643   

Liabilities

  

Deposits

   $ 191,033,345   

Fed Funds

     11,079,681   

Treasury Demand Notes

     0   

Trading Liabilities

     437,280   

Other Borrowed Money

     32,340,366   

Acceptances

     0   

Subordinated Notes and Debentures

     8,129,967   

Other Liabilities

     7,450,842   
        

Total Liabilities

   $ 250,471,481   

Equity

  

Minority Interest in Subsidiaries

   $ 1,704,554   

Common and Preferred Stock

     18,200   

Surplus

     12,636,872   

Undivided Profits

     13,633,536   
        

Total Equity Capital

   $ 27,993,162   

Total Liabilities and Equity Capital

   $ 278,464,643   

 

 

To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

U.S. Bank National Association

 

By:    
  Vice President

Date: October 28, 2010

 

6