Exhibit 25(a)
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
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)o
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2)o
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
| (State of incorporation if not a U.S. national bank) | 95-3571558 (I.R.S. employer identification no.) | |
| 700 South Flower Street Suite 500 Los Angeles, California (Address of principal executive offices) | 90017 (Zip code) |
Lamar Media Corp.
(Exact name of obligor as specified in its charter)
| Delaware (State or other jurisdiction of incorporation or organization) | 72-1205791 (I.R.S. employer identification no.) | |
| 5551 Corporate Boulevard Baton Rouge, Louisiana (Address of principal executive offices) | 70808 (Zip code) |
Table of Additional Obligors (1)
| State or Other | ||||||||
| Jurisdiction of | IRS Employer | |||||||
| Exact Name of Obligor | Incorporation or | Identification | ||||||
| as Specified in its Charter | Organization | Number | ||||||
| American Signs, Inc. | Washington | 91-1642046 | ||||||
| Colorado Logos, Inc. | Colorado | 84-1480715 | ||||||
| Delaware Logos, L.L.C. | Delaware | 51-0392715 | ||||||
| Florida Logos, Inc. | Florida | 65-0671887 | ||||||
| Georgia Logos, L.L.C. | Georgia | 72-1469485 | ||||||
| Interstate Logos, L.L.C. | Louisiana | 72-1490893 | ||||||
| Kansas Logos, Inc. | Kansas | 48-1187701 | ||||||
| Kentucky Logos, LLC | Kentucky | 62-1839054 | ||||||
| Lamar Advantage GP Company, LLC | Delaware | 72-1490891 | ||||||
| Lamar Advantage Holding Company | Delaware | 76-0619569 | ||||||
| Lamar Advantage LP Company, LLC | Delaware | 76-0637519 | ||||||
| Lamar Advantage Outdoor Company, L.P. | Delaware | 74-2841299 | ||||||
| Lamar Advertising of Colorado Springs, Inc. | Colorado | 72-0931093 | ||||||
| Lamar Advertising of Kentucky, Inc. | Kentucky | 61-1306385 | ||||||
| Lamar Advertising of Louisiana, L.L.C. | Louisiana | 72-1462297 | ||||||
| Lamar Advertising of Michigan, Inc. | Michigan | 38-3376495 | ||||||
| Lamar Advertising of Oklahoma, Inc. | Oklahoma | 73-1178474 | ||||||
| Lamar Advertising of Penn, LLC | Delaware | 72-1462301 | ||||||
| Lamar Advertising of South Dakota, Inc. | South Dakota | 46-0446615 | ||||||
| Lamar Advertising of Youngstown, Inc. | Delaware | 23-2669670 | ||||||
| Lamar Advertising Southwest, Inc. | Nevada | 85-0113644 | ||||||
| Lamar Air, L.L.C. | Louisiana | 72-1277136 | ||||||
| Lamar Benches, Inc. | Oklahoma | 73-1524386 | ||||||
| Lamar Central Outdoor, LLC | Delaware | 20-2471691 | ||||||
| Lamar DOA Tennessee Holdings, Inc. | Delaware | 41-1991164 | ||||||
| Lamar DOA Tennessee, Inc. | Delaware | 41-1882464 | ||||||
| Lamar Electrical, Inc. | Louisiana | 72-1392115 | ||||||
| Lamar Florida, Inc. | Florida | 72-1467178 | ||||||
| Lamar I-40 West, Inc. | Oklahoma | 73-1498886 | ||||||
| Lamar Obie Corporation | Delaware | 33-1109314 | ||||||
| Lamar OCI North Corporation | Delaware | 38-2885263 | ||||||
| Lamar OCI South Corporation | Mississippi | 64-0520092 | ||||||
| Lamar Ohio Outdoor Holding Corp. | Ohio | 34-1597561 | ||||||
| Lamar Oklahoma Holding Company, Inc. | Oklahoma | 73-1474290 | ||||||
| Lamar Pensacola Transit, Inc. | Florida | 59-3391978 | ||||||
| Lamar T.T.R., L.L.C. | Arizona | 86-0928767 | ||||||
| Lamar Tennessee, L.L.C. | Tennessee | 72-1309007 | ||||||
| Lamar Texas General Partner, Inc. | Louisiana | 72-1309003 | ||||||
| Lamar Texas Limited Partnership | Texas | 72-1309005 | ||||||
| LC Billboard L.L.C. | Delaware | 63-1692342 | ||||||
| Maine Logos, L.L.C. | Maine | 72-1492985 | ||||||
| Michigan Logos, Inc. | Michigan | 38-3071362 | ||||||
-2-
| State or Other | ||||||||
| Jurisdiction of | IRS Employer | |||||||
| Exact Name of Obligor | Incorporation or | Identification | ||||||
| as Specified in its Charter | Organization | Number | ||||||
| Minnesota Logos, Inc. | Minnesota | 41-1800355 | ||||||
| Mississippi Logos, L.L.C. | Mississippi | 72-1469487 | ||||||
| Missouri Logos, LLC | Missouri | 72-1485587 | ||||||
| Nebraska Logos, Inc. | Nebraska | 72-1137877 | ||||||
| Nevada Logos, Inc. | Nevada | 88-0373108 | ||||||
| New Jersey Logos, L.L.C. | New Jersey | 72-1469048 | ||||||
| New Mexico Logos, Inc. | New Mexico | 85-0446801 | ||||||
| O.B. Walls, Inc. | Oregon | 93-1013167 | ||||||
| Obie Billboard, LLC | Oregon | N/A | ||||||
| Ohio Logos, Inc. | Ohio | 72-1148212 | ||||||
| Oklahoma Logos, L.L.C. | Oklahoma | 72-1469103 | ||||||
| Outdoor Marketing Systems, Inc. | Pennsylvania | 23-2659279 | ||||||
| Outdoor Marketing Systems, L.L.C. | Pennsylvania | N/A | ||||||
| Outdoor Promotions West, LLC | Delaware | 22-3598746 | ||||||
| Premere Outdoor, Inc. | Illinois | 36-4459650 | ||||||
| South Carolina Logos, Inc. | South Carolina | 58-2152628 | ||||||
| Tennessee Logos, Inc. | Tennessee | 62-1649765 | ||||||
| Texas Logos, L.P. | Texas | 72-1490894 | ||||||
| The Lamar Company, L.L.C. | Louisiana | 72-1462298 | ||||||
| TLC Farms, L.L.C. | Louisiana | 20-0634874 | ||||||
| TLC Properties II, Inc. | Texas | 72-1336624 | ||||||
| TLC Properties, Inc. | Louisiana | 72-0640751 | ||||||
| TLC Properties, L.L.C. | Louisiana | 72-1417495 | ||||||
| Triumph Outdoor Holdings, LLC | Delaware | 13-3990438 | ||||||
| Triumph Outdoor Rhode Island, LLC | Delaware | 05-0500914 | ||||||
| Utah Logos, Inc. | Utah | 72-1148211 | ||||||
| Virginia Logos, LLC | Virginia | 62-1839208 | ||||||
| Washington Logos, L.L.C. | Washington | 73-1648809 | ||||||
| (1) | The notes will be unconditionally guaranteed by the additional obligors above listed, each of which is a direct or indirect, wholly owned subsidiary of Lamar Media Corp. The address and telephone number for each of the additional registrants is 5551 Corporate Boulevard, Baton Rouge, Louisiana 70808 and (225) 926-1000. The primary standard industrial classification code number for each of the additional registrants is 7311. |
93/4% Senior Notes due 2014
(Title of Indenture Securities)
-3-
| 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 | |
| Federal Reserve Bank | San Francisco, California 94105 | |
| 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.
| 16. | 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 articles of association of The Bank of New York Mellon Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948). | ||
| 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). | ||
| 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). | ||
| 4. | A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948). |
-4-
| 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). | ||
| 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. |
-5-
SIGNATURE
Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon 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 Jacksonville, and State of Florida, on the 11th day of August, 2009.
| THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. | ||||
| By: | /s/ Christie Leppert | |||
| Name: | Christie Leppert | |||
| Title: | Assistant Vice President | |||
-6-
EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
At the close of business March 31, 2009, 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 | 1,267 | |||
| Interest-bearing balances | 88,233 | |||
| Securities: | ||||
| Held-to-maturity securities | 22 | |||
| Available-for-sale securities | 444,137 | |||
| Federal funds sold and securities purchased under agreements to resell: | ||||
| Federal funds sold | 0 | |||
| Securities purchased under agreements to resell | 0 | |||
| 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) | 12,131 | |||
| Other real estate owned | 0 | |||
| Investments in unconsolidated subsidiaries and associated companies | 1 | |||
| Not applicable Intangible assets: | ||||
| Goodwill | 876,153 | |||
| Other intangible assets | 265,381 | |||
| Other assets | 153,750 | |||
| Total assets | $ | 1,841,075 | ||
Exhibit 7—Page 1
| Dollar Amounts | ||||
| in Thousands | ||||
| LIABILITIES | ||||
| Deposits: | ||||
| In domestic offices | 1,807 | |||
| Noninterest-bearing | 1,807 | |||
| 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) | 268,691 | |||
| Not applicable | ||||
| Not applicable | ||||
| Subordinated notes and debentures | 0 | |||
| Other liabilities | 174,621 | |||
| Total liabilities | 445,119 | |||
| 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 | 269,980 | |||
| Accumulated other comprehensive income | 3,456 | |||
| Other equity capital components | 0 | |||
| Total equity capital | 1,395,956 | |||
| Total liabilities, minority interest, and equity capital | 1,841,075 | |||
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.
| Troy Kilpatrick, MD | ) | |||||||
| Frank P. Sulzberger, MD | ) | Directors (Trustees) | ||||||
| William D. Lindelof, VP | ) |
Exhibit 7—Page 2