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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) |__|
THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
AMES TRUE TEMPER, INC.
(Exact name of obligor as specified in its charter)
Delaware 22-2335400
(State or other jurisdiction of (I.R.S. employer identification no.)
incorporation or organization)
465 Railroad Avenue 17011
Camp Hill, PA (Zip code)
(Address of principal executive offices)
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10% Senior Subordinated Notes Due 2012
(Title of the indenture securities)
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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.
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Name Address
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Superintendent of Banks of the State of New York 2 Rector Street
New York, N.Y. 10006
and Albany, N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York, N.Y. 10045
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association New York, N. Y. 10005
(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.
3. LIST OF EXHIBITS.
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 Organization Certificate of The Bank of
New York (formerly Irving Trust Company) as now in
effect, which contains the authority to commence
business and a grant of powers to exercise corporate
trust powers. (Exhibit 1 to Amendment No. 1 to Form
T-1 filed with Registration Statement No. 33-6215,
Exhibits 1a and 1b to Form T-1 filed with
Registration Statement No. 33-21672 and Exhibit 1 to
Form T-1 filed with Registration Statement No.
33-29637.)
2. A copy of the existing By-laws of the Trustee.
(Exhibit 4 to Form T-1 filed with Registration
Statement No. 33-31019.)
3. The consent of the Trustee required by Section 321(b)
of the Act. (Exhibit 6 to Form T-1 filed with
Amendment No. 2 to Registration Statement No.
333-109133.)
4. 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, a corporation organized and existing under the laws of the State of New
York, has duly caused this statement of eligibility to be signed on its behalf
by the undersigned, thereunto duly authorized, all in The City of New York, and
State of New York, on the [ ]th day of August, 2004.
THE BANK OF NEW YORK
By: /s/ VAN BROWN
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Name: VAN BROWN
Title: VICE PRESIDENT
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EXHIBIT 7
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Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business March 31, 2004,
published in accordance with a call made by the Federal Reserve Bank of this
District pursuant to the provisions of the Federal Reserve Act.
Dollar Amounts
In Thousands
ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin....................................... 2,589,012
Interest-bearing balances................................................................ 8,872,373
Securities:
Held-to-maturity securities.............................................................. 1,382,393
Available-for-sale securities............................................................ 21,582,893
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold in domestic offices................................................... 792,900
Securities purchased under agreements to resell.......................................... 932,155
Loans and lease financing receivables:
Loans and leases held for sale........................................................... 555,415
Loans and leases, net of unearned income................................................. 36,884,850
LESS: Allowance for loan and lease losses............................................... 628,457
Loans and leases, net of unearned income and allowance................................... 36,256,393
Trading assets................................................................................ 3,654,160
Premises and fixed assets (including capitalized leases)...................................... 929,969
Other real estate owned....................................................................... 319
Investments in unconsolidated subsidiaries and associated companies........................... 247,156
Customers' liability to this bank on acceptances outstanding.................................. 215,581
Intangible assets:
Goodwill................................................................................. 2,687,623
Other intangible assets.................................................................. 752,283
Other assets.................................................................................. 7,905,137
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Total assets.................................................................................. $89,355,762
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LIABILITIES
Deposits:
In domestic offices...................................................................... 33,940,195
Noninterest-bearing...................................................................... 13,973,047
Interest-bearing....................................................................... 19,967,148
In foreign offices, Edge and Agreement subsidiaries, and IBFs.......................... 22,717,175
Noninterest-bearing.................................................................... 447,242
Interest-bearing....................................................................... 22,269,933
Federal funds purchased and securities sold under agreements to repurchase:
Federal funds purchased in domestic offices............................................ 442,904
Securities sold under agreements to repurchase......................................... 671,802
Trading liabilities........................................................................... 2,452,604
Other borrowed money (includes mortgage indebtedness and obligations under
capitalized leases).................................................................... 10,779,148
Bank's liability on acceptances executed and outstanding...................................... 217,705
Subordinated notes and debentures............................................................. 2,390,000
Other liabilities............................................................................. 7,230,967
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Total liabilities............................................................................. $80,842,500
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Minority interest in consolidated subsidiaries................................................ 141,523
EQUITY CAPITAL
Perpetual preferred stock and related surplus................................................. 0
Common stock.................................................................................. 1,135,284
Surplus (exclude all surplus related to preferred stock)...................................... 2,080,657
Retained earnings........................................................................ 5,021,014
Accumulated other comprehensive income................................................... 134,784
Other equity capital components............................................................... 0
Total equity capital.......................................................................... 8,371,739
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Total liabilities, minority interest, and equity capital............................... $89,355,762
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I, Thomas J. Mastro, Senior Vice President and Comptroller of the above-named
bank do hereby declare that this Report of Condition is true and correct to the
best of my knowledge and belief.
Thomas J. Mastro,
Senior Vice President and Comptroller
We, the undersigned directors, attest to the correctness of this statement of
resources and liabilities. We 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 and is true and correct.
Thomas A. Renyi
Gerald L. Hassell
Alan R. Griffith Directors
