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
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)
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.
I.R.S. Employer Identification No.
800 Nicollet Mall | ||
Minneapolis, Minnesota | 55402 | |
(Address of principal executive offices) | (Zip Code) |
Richard Prokosch
U.S. Bank National Association
60 Livingston Avenue
St. Paul, MN 55107
(651) 495-3918
(Name, address and telephone number of agent for service)
U.S. Bank National Association
60 Livingston Avenue
St. Paul, MN 55107
(651) 495-3918
(Name, address and telephone number of agent for service)
RAILAMERICA, INC.
(Issuer with respect to the Securities)
(Issuer with respect to the Securities)
Delaware | 65-0328006 | |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
7411 Fullerton Street | ||
Suite 300 | ||
Jacksonville, Florida | 32256 | |
(Address of Principal Executive Offices) | (Zip Code) |
9.25% Senior Secured Notes Due 2017
(Title of the Indenture Securities)
(Title of the Indenture Securities)
TABLE OF ADDITIONAL REGISTRANTS
State or Other | Primary Standard | |||||||||
Jurisdiction of | Industrial | I.R.S. Employer | ||||||||
Incorporation or | Classification Code | Identification | ||||||||
Name of Additional Registrant* | Formation | Number | Number | |||||||
A. & R. Line, Inc. | Indiana | 4011 | 35-1952789 | |||||||
Alabama & Gulf Coast Railway LLC | Delaware | 4011 | 75-2714522 | |||||||
Arizona & California Railroad Company | Delaware | 4011 | 35-2165912 | |||||||
Bauxite & Northern Railway Company | Arkansas | 4011 | 25-6000153 | |||||||
California Northern Railroad Company | Delaware | 4011 | 30-0066967 | |||||||
Cascade and Columbia River Railroad Company | Delaware | 4011 | 91-1734603 | |||||||
Central Oregon & Pacific Railroad, Inc. | Delaware | 4011 | 93-1151074 | |||||||
The Central Railroad Company of Indiana | Indiana | 4011 | 35-1824902 | |||||||
Central Railroad Company of Indianapolis | Indiana | 4011 | 35-1768799 | |||||||
Connecticut Southern Railroad, Inc. | Delaware | 4011 | 03-0353222 | |||||||
Dallas, Garland & Northeastern Railroad, Inc. | Texas | 4011 | 75-2410681 | |||||||
Eastern Alabama Railway, LLC | Alabama | 4011 | 63-1064122 | |||||||
Huron and Eastern Railway Company, Inc. | Michigan | 4011 | 38-2655990 | |||||||
Indiana & Ohio Rail Corp. | Delaware | 4011 | 74-2862101 | |||||||
Indiana & Ohio Railway Company | Delaware | 4011 | 74-2862102 | |||||||
Indiana Southern Railroad, LLC | Delaware | 4011 | 74-2932611 | |||||||
Kiamichi Railroad Company, L.L.C. | Delaware | 4011 | 73-1481038 | |||||||
Kyle Railroad Company | Kansas | 4011 | 94-2802283 | |||||||
Kyle Railways, LLC | Delaware | 4011 | 94-2279537 | |||||||
The Massena Terminal Railroad Company | New York | 4011 | 25-6002068 | |||||||
Mid-Michigan Railroad, Inc. | Michigan | 4011 | 31-1224037 | |||||||
Missouri & Northern Arkansas Railroad Company, Inc. | Kansas | 4011 | 43-1624703 | |||||||
New England Central Railroad, Inc. | Delaware | 4011 | 03-0344030 | |||||||
New StatesRail Holdings, LLC | Delaware | 4011 | 46-0486784 | |||||||
North Carolina & Virginia Railroad Company, LLC | Virginia | 4011 | 74-2932608 | |||||||
Otter Tail Valley Railroad Company, Inc. | Minnesota | 4011 | 41-1565408 | |||||||
Palm Beach Rail Holding, Inc. | Delaware | 4011 | 65-0979476 | |||||||
Point Comfort & Northern Railway Company | Texas | 4011 | 25-6002553 | |||||||
Puget Sound & Pacific Railroad | Delaware | 4011 | 32-0010360 | |||||||
RailAmerica Operations Shared Services, Inc., f/k/a American Rail Dispatching Center, Inc. | Delaware | 4011 | 68-0574072 | |||||||
RailAmerica Operations Support Group, Inc. f/k/a Rail Operating Support Group, Inc. | Delaware | 4011 | 65-0797247 | |||||||
RailAmerica Contract Switching Services, Inc. | Delaware | 4011 | 26-3586634 | |||||||
RailAmerica Equipment Corp. | Delaware | 4011 | 65-0622013 | |||||||
RailAmerica Intermodal Services, Inc. | Delaware | 4011 | 65-0553260 | |||||||
RailAmerica Transportation Corp. | Delaware | 4011 | 65-0979478 | |||||||
RailTex, Inc. | Texas | 4011 | 74-1948121 | |||||||
Rockdale, Sandow & Southern Railroad Company | Texas | 4011 | 25-6004106 | |||||||
San Diego & Imperial Valley Railroad Company, Inc. | California | 4011 | 74-2332456 | |||||||
San Joaquin Valley Railroad Co. | California | 4011 | 93-1073083 | |||||||
San Pedro Trails, Inc. | Arizona | 4011 | 42-1544984 | |||||||
South Carolina Central Railroad Company, LLC | South Carolina | 4011 | 57-0856173 | |||||||
South East Rail, Inc. | Delaware | 4011 | 62-1583702 | |||||||
StatesRail II Railroad, LLC | Delaware | 4011 | 02-0530889 | |||||||
StatesRail, LLC | Delaware | 4011 | 52-2353564 | |||||||
Toledo, Peoria & Western Railway Corp. | Delaware | 4011 | 22-2959560 | |||||||
Ventura County Railroad Company | Delaware | 4011 | 77-0495102 |
* | Addresses and telephone numbers of principal executive offices are the same as those of RailAmerica, Inc. described above. |
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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.
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 June 30, 2009 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. | |
** | Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-159463 filed on August 21, 2009. |
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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 St. Paul, State of Minnesota on the 15th of October, 2009.
By: | /s/ Richard Prokosch | |||
Richard Prokosch | ||||
Vice President | ||||
By: | /s/ Raymond Haverstock | |||
Raymond Haverstock | ||||
Vice President |
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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 15, 2009
By: | /s/ Richard Prokosch | |||
Richard Prokosch | ||||
Vice President | ||||
By: | /s/ Raymond Haverstock | |||
Raymond Haverstock | ||||
Vice President |
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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2009
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2009
($000’s)
6/30/2009 | ||||
Assets | ||||
Cash and Balances Due From Depository Institutions | $ | 6,526,915 | ||
Securities | 38,971,863 | |||
Federal Funds | 3,558,381 | |||
Loans & Lease Financing Receivables | 180,342,925 | |||
Fixed Assets | 4,176,818 | |||
Intangible Assets | 12,451,763 | |||
Other Assets | 14,416,029 | |||
Total Assets | $ | 260,444,694 | ||
Liabilities | ||||
Deposits | $ | 174,406,310 | ||
Fed Funds | 11,988,123 | |||
Treasury Demand Notes | 0 | |||
Trading Liabilities | 385,470 | |||
Other Borrowed Money | 34,999,265 | |||
Acceptances | 0 | |||
Subordinated Notes and Debentures | 7,779,967 | |||
Other Liabilities | 6,530,991 | |||
Total Liabilities | $ | 236,090,126 | ||
Equity | ||||
Minority Interest in Subsidiaries | $ | 1,647,451 | ||
Common and Preferred Stock | 18,200 | |||
Surplus | 12,642,020 | |||
Undivided Profits | 10,046,897 | |||
Total Equity Capital | $ | 24,354,568 | ||
Total Liabilities and Equity Capital | $ | 260,444,694 |
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: | /s/ Richard Prokosch | |||
Vice President |
Date: October 15, 2009
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