EX-25.1 33 d14539exv25w1.txt STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 ON FORM T-1 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) [ ] --------- WELLS FARGO BANK, NATIONAL ASSOCIATION (Exact name of trustee as specified in its charter) Not Applicable 94-1347393 (Jurisdiction of incorporation or organization (I.R.S. employer if not a U.S. national bank) identification no.) 505 Main Street, Suite 301 Fort Worth, Texas 76102 (Address of principal executive offices) (Zip code) Wells Fargo & Company Law Department, Trust Section MAC N9305-172 Sixth and Marquette, 17th Floor Minneapolis, MN 55479 (Name, address and telephone number of agent for service) --------- Trinity Industries, Inc. and Guarantors listed below (Exact name of obligor as specified in its charter) Delaware 75-0225040 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 2525 Stemmons Freeway Dallas, Texas 75207-2401 (Address of principal executive offices) (Zip Code) --------- 6 1/2% Senior Notes due 2014 (Title of the indenture securities) Transit Mix Concrete & Materials Company (Guarantor) Delaware 74-2613970 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) Trinity Industries Leasing Company (Guarantor) Delaware 75-1640393 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) Trinity Marine Products, Inc. (Guarantor) Delaware 75-2655349 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) Trinity Rail Group, LLC (Guarantor) Delaware 74-3019443 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) Thrall Trinity Freight Car, Inc. (Guarantor) Delaware 75-2966210 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) Trinity Tank Car, Inc. (Guarantor) Delaware 75-2966213 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) Trinity Rail Components and Repair, Inc. (Guarantor) Delaware 75-2966212 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) ================================================================================ 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. 20230 Federal Deposit Insurance Corporation Washington, D.C. 20429 Federal Reserve Bank of San Francisco San Francisco, CA 94120 (b) Whether it is authorized to exercise corporate trust powers. The trustee is authorized to exercise corporate trust powers. Item 2. Affiliations with the 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. Wells Fargo Bank incorporates by reference into this Form T-1 exhibits attached hereto. 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 for Wells Fargo Bank, National Association, dated November 28, 2001.* Exhibit 3. A copy of the authorization of the trustee to exercise corporate trust powers. A copy of the Comptroller of the Currency Certificate of Corporate Existence (with Fiduciary Powers) for Wells Fargo Bank, National Association, dated November 28, 2001.* Exhibit 4. Copy of By-laws of the trustee as now in effect.* Exhibit 5. Not applicable. Exhibit 6. The consents of United States institutional trustees 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 Exhibit 25.1 to Registration Statement No. 333-87398 filed by Meritage Corp. on May 1, 2002. 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 19th day of July, 2004. WELLS FARGO BANK, NATIONAL ASSOCIATION By: /s/ Melissa Scott ---------------------------------- Melissa Scott, Vice President Exhibit 6 July 19, 2004 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 thereof. Very truly yours, WELLS FARGO BANK, NATIONAL ASSOCIATION By: /s/ Melissa Scott ---------------------------------- Melissa 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 March 31, 2004, filed in accordance with 12 U.S.C. Section 161 for National Banks.
Dollar Amounts In Millions -------------- ASSETS Cash and balances due from depository institutions: Noninterest-bearing balances and currency and coin $ 13,890 Interest-bearing balances 6,251 Securities: Held-to-maturity securities 0 Available-for-sale securities 27,661 Federal funds sold and securities purchased under agreements to resell: Federal funds sold in domestic offices 1,436 Securities purchased under agreements to resell 170 Loans and lease financing receivables: Loans and leases held for sale 29,359 Loans and leases, net of unearned income 233,785 LESS: Allowance for loan and lease losses 2,629 Loans and leases, net of unearned income and allowance 231,156 Trading Assets 8,314 Premises and fixed assets (including capitalized leases) 2,787 Other real estate owned 180 Investments in unconsolidated subsidiaries and associated companies 284 Customers' liability to this bank on acceptances outstanding 69 Intangible assets Goodwill 7,915 Other intangible assets 6,871 Other assets 11,217 -------- Total assets $347,560 ======== LIABILITIES Deposits: In domestic offices $240,660 Noninterest-bearing 78,496 Interest-bearing 162,164 In foreign offices, Edge and Agreement subsidiaries, and IBFs 15,087 Noninterest-bearing 3 Interest-bearing 15,084 Federal funds purchased and securities sold under agreements to repurchase: Federal funds purchased in domestic offices 18,617 Securities sold under agreements to repurchase 3,028
Dollar Amounts In Millions -------------- Trading liabilities 4,973 Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases) 18,180 Bank's liability on acceptances executed and outstanding 69 Subordinated notes and debentures 4,824 Other liabilities 9,494 -------- Total liabilities $314,932 Minority interest in consolidated subsidiaries 70 EQUITY CAPITAL Perpetual preferred stock and related surplus 0 Common stock 520 Surplus (exclude all surplus related to preferred stock) 23,424 Retained earnings 7,812 Accumulated other comprehensive income 802 Other equity capital components 0 -------- Total equity capital 32,558 -------- Total liabilities, minority interest, and equity capital $347,560 ========
I, James E. Hanson, 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. James E. Hanson 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 Dave Hoyt Directors John Stumpf