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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)
APPALACHIAN POWER COMPANY
(Exact name of obligor as specified in its charter)
Virginia 54-0124790
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
1 Riverside Plaza
Columbus, OH 43215
(Address of principal executive offices) (Zip code)
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Unsecured Debt Securities
(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.
Name Address
Superintendent of Banks of the 2 Rector Street, New York,
State of 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, New York 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.
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 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.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form
T-1 filed with Registration Statement No. 33-31019.)
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.
33-44051.)
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.
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 4th day of October, 2002.
THE BANK OF NEW YORK
By: /s/ Joseph A. Lloret
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Name: Joseph A. Lloret
Title: Assistant Treasurer
Exhibit 7
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 June 30,
2002, 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
ASSETS In Thousands
Cash and balances due from
depository institutions:
Noninterest-bearing balances
and currency and coin......... $2,850,111
Interest-bearing balances...... 6,917,898
Securities:
Held-to-maturity securities.... 1,201,319
Available-for-sale securities.. 13,227,788
Federal funds sold
in domestic offices............ 1,748,562
Securities purchased under
agreements to resell........... 808,241
Loans and lease financing
receivables:
Loans and leases held for sale. 974,505
Loans and leases, net of
unearned
income...............36,544,957
LESS: Allowance for loan and
lease losses......... 578,710
Loans and leases, net of
unearned income and
allowance..................... 35,966,247
Trading Assets................... 6,292,280
Premises and fixed assets
(including capitalized leases). 860,071
Other real estate owned.......... 660
Investments in unconsolidated
subsidiaries and associated
companies...................... 272,214
Customers' liability to this
bank on acceptances outstanding 467,259
Intangible assets................
Goodwill..................... 1,804,922
Other intangible assets...... 70,679
Other assets..................... 4,639,158
Total assets..................... $78,101,914
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LIABILITIES
Deposits:
In domestic offices............ $29,456,619
Noninterest-bearing..11,393,028
Interest-bearing.....18,063,591
In foreign offices, Edge and
Agreement subsidiaries, and
IBFs.......................... 26,667,608
Noninterest-bearing.....297,347
Interest-bearing.....26,370,261
Federal funds purchased in
domestic offices............... 1,422,522
Securities sold under
agreements to repurchase....... 466,965
Trading liabilities.............. 2,946,403
Other borrowed money:
(includes mortgage
indebtedness and obligations
under capitalized leases)..... 1,844,526
Bank's liability on acceptances
executed and outstanding....... 469,319
Subordinated notes and debentures 1,840,000
Other liabilities................ 5,998,479
Total liabilities................ $71,112,441
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Minority interet in
consolidated subsidiaries...... 500,154
EQUITY CAPITAL
Perpetual preferred stock and
related surplus................ $ 0
Common stock..................... 1,135,284
Surplus.......................... 1,055,509
Retained earnings................ 4,244,963
Accumulated other comprehensive
income......................... (53,563)
Other equity capital components.. 0
Total equity capital............. 6,489,319
Total liabilities and equity
capital........................ $78,101,914
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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
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 or resources and liabiities. 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