Exhibit 25.1
UNITED STATES
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) x
THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
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Delaware | | 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) |
Mildred Quinones-Holmes
Legal Department
The Bank of New York Trust Company, N.A.
One Wall Street, 29th Floor
New York, NY 10286
(212) 635-1889
(Name, address and telephone number of agent for service)
INTERNATIONAL COAL GROUP, INC.
(Exact name of obligor as specified in its charter)
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Delaware | | 20-2641185 |
(State or other jurisdiction of incorporation or organization) | | (I.R.S. employer identification no.) |
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300 Corporate Centre Drive Scott Depot, WV | | 25560 |
(Address of principal executive offices) | | (Zip code) |
and the Guarantors listed on the next page
9.00% Convertible Senior Notes due 2012
and related Guarantees
(Title of the indenture securities)
GUARANTORS
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Exact Name of Obligor as Specified in its Charter | | State or Other Jurisdiction of Incorporation or Organization | | IRS Employer Identification Number | | Address of Principal Executive Offices |
ICG, Inc. | | Delaware | | 20-1796718 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
| | | |
ICG, LLC | | Delaware | | 20-1660224 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG Natural Resources, LLC | | Delaware | | 20-1619866 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG ADDCAR Systems, LLC | | Delaware | | 20-1619621 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG Hazard, LLC | | Delaware | | 20-1619758 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG Tygart Valley, LLC | | Delaware | | 20-2977524 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG Beckley, LLC | | Delaware | | 20-4048542 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG Eastern Land, LLC | | Delaware | | 20-1679711 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG Hazard Land, LLC | | Delaware | | 20-1679661 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG Knott County, LLC. | | Delaware | | 20-1620070 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG East Kentucky, LLC | | Delaware | | 20-1619961 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG Illinois, LLC | | Delaware | | 20-1620272 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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ICG Eastern, LLC | | Delaware | | 20-1620152 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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CoalQuest Development LLC | | Delaware | | 20-0445769 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Anker Coal Group, Inc. | | Delaware | | 52-1990183 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Anker Group, Inc. | | Delaware | | 13-2961732 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Simba Group, Inc. | | Delaware | | 55-0753900 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Hunter Ridge Coal Company | | Delaware | | 51-0217205 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Marine Coal Sales Company | | Delaware | | 13-3307813 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Upshur Property, Inc. | | Delaware | | 95-4484172 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Vantrans, Inc. | | Delaware | | 22-2093700 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Heather Glen Resources, Inc. | | West Virginia | | 55-0746946 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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King Knob Coal Co., Inc. | | West Virginia | | 55-0488823 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Melrose Coal Company, Inc. | | West Virginia | | 55-0746947 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Patriot Mining Company, Inc. | | West Virginia | | 55-0550184 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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New Allegheny Land Holding Company, Inc. | | West Virginia | | 31-1568515 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Wolf Run Mining Company | | West Virginia | | 55-0699931 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Juliana Mining Company, Inc. | | West Virginia | | 55-0568083 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Hawthorne Coal Company, Inc. | | West Virginia | | 55-0742562 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Vindex Energy Corporation | | West Virginia | | 55-0753903 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Anker Power Services, Inc. | | West Virginia | | 55-0700346 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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Bronco Mining Company, Inc. | | West Virginia | | 22-2094405 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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White Wolf Energy, Inc. | | Virginia | | 54-1867395 | | 300 Corporate Centre Drive Scott Depot, WV 25560 |
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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 |
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Federal Reserve Bank | | San Francisco, California 94105 |
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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.
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 which is incorporated by reference). |
| 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 which is incorporated by reference). |
| 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 which is incorporated by reference). |
| 4. | A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948 which is incorporated by reference). |
| 6. | The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-121948 which is incorporated by reference). |
| 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. |
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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 Chicago, and State of Illinois, on the 9th day of October, 2007.
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THE BANK OF NEW YORK TRUST COMPANY, N.A. |
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By: | | /s/ D.G. Donovan |
| | D.G. Donovan |
| | Vice President |
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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
At the close of business June 30, 2007, 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 | | | | | 9,835 |
Interest-bearing balances | | | | | 0 |
Securities: | | | | | |
Held-to-maturity securities | | | | | 42 |
Available-for-sale securities | | | | | 114,959 |
Federal funds sold and securities purchased under agreements to resell: | | | | | |
Federal funds sold | | | | | 50,000 |
Securities purchased under agreements to resell | | | | | 89,000 |
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) | | | | | 12,013 |
Other real estate owned | | | | | 0 |
Investments in unconsolidated subsidiaries and associated companies | | | | | 0 |
Not applicable | | | | | |
Intangible assets: | | | | | |
Goodwill | | | | | 923,997 |
Other Intangible Assets | | | | | 262,780 |
Other assets | | | | | 142,822 |
| | | | | |
Total assets | | | | $ | 1,605,448 |
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LIABILITIES | | | | |
Deposits: | | | | |
In domestic offices | | | | 2,255 |
Noninterest-bearing | | 2,255 | | |
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) | | | | 143,691 |
Not applicable | | | | 0 |
Not applicable | | | | |
Subordinated notes and debentures | | | | |
Other liabilities | | | | 165,588 |
Total liabilities | | | | 311,534 |
Minority interest in consolidated subsidiaries | | | | 0 |
| | |
EQUITY CAPITAL | | | | |
Perpetual preferred stock and related surplus | | | | 0 |
Common stock | | | | 1,000 |
Surplus (exclude all surplus related to preferred stock) | | | | 1,121,520 |
Retained earnings | | | | 171,493 |
Accumulated other comprehensive income | | | | -99 |
Other equity capital components | | | | 0 |
Total equity capital | | | | 1,293,914 |
| | | | |
Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28) | | | | 1,605,448 |
| | | | |
I, Karen Bayz, Vice President of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.
| | | | |
Karen Bayz | | ) | | Vice President |
We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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, President Frank P. Sulzberger, MD Michael F. McFadden, MD | | ) ) ) | | Directors (Trustees) |
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