Exhibit 25.1
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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) |__|
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BNY MIDWEST TRUST COMPANY
(formerly known as CTC Illinois Trust Company)
(Exact name of trustee as specified in its charter)
Illinois 36-3800435
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
2 North LaSalle Street
Suite 1020
Chicago, Illinois 60602
(Address of principal executive offices) (Zip code)
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THE MANITOWOC COMPANY, INC.
(Exact name of obligor as specified in its charter)
Wisconsin 39-0448110
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
ADDITIONAL CO-REGISTRANTS
Marinette Marine Corporation....................... Wisconsin 39-0451225
Manitowoc Foodservice Companies, Inc............... Nevada 88-0369684
Manitowoc Crane Companies, Inc..................... Nevada 88-0369683
Manitowoc FP, Inc.................................. Nevada 88-0369687
Manitowoc CP, Inc.................................. Nevada 88-0369686
Diversified Refrigeration, Inc..................... Tennessee 62-1276418
KMT Refrigeration, Inc............................. Wisconsin 39-1863487
Hartford Duracool, LLC............................. Wisconsin 52-2226739
KMT Sales Corp..................................... Nevada 62-1742336
Manitowoc Beverage Systems, Inc.................... Nevada 06-1530881
Manitowoc Equipment Works, Inc..................... Nevada 39-1775032
Manitowoc Ice, Inc................................. Wisconsin 39-1863489
SerVend Sales Corp................................. Nevada 35-2050079
Femco Machine Company, Inc......................... Nevada 39-1780976
Manitowoc Cranes, Inc.............................. Wisconsin 39-1863488
Manitowoc MEC, Inc................................. Nevada 39-1775033
Manitowoc Re-Manufacturing, Inc.................... Wisconsin 36-3536154
North Central Crane & Excavator Sales Corp......... Nevada 36-3075255
West-Manitowoc, Inc................................ Wisconsin 39-1769651
Environmental Rehab, Inc........................... Wisconsin 39-1626922
Manitowoc Crane & Shovel Sales Corp................ Ohio NONE
Manitowoc Western Company.......................... Wisconsin 94-3047618
Manitowoc Marine Group, LLC........................ Nevada 39-1947771
Potain Corporation................................. Delaware 65-0923259
Manitowoc Beverage Equipment, Inc.
(f/k/a "Multiplex Company, Inc.," and successor to
SerVend International, Inc.).................. Missouri 39-1987754
Grove Investors, Inc............................... Delaware 25-1896049
Grove Holdings, Inc................................ Delaware 25-1894200
Grove Worldwide, Inc............................... Delaware 25-1896048
Grove U. S. LLC.................................... Delaware 23-2955767
Crane Acquisition Corp............................. Delaware 52-2089451
Crane Holding Inc.................................. Delaware 51-0305209
500 South 16th Street
Manitowoc, WI 54221-0066
(Address of principal executive offices) (Zip code)
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10 1/2% 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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Office of Banks & Trust 500 E. Monroe Street
Companies of the State of Illinois Springfield, Illinois 62701-1532
Federal Reserve Bank of Chicago 230 S. LaSalle Street
Chicago, Illinois 60603
(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 Articles of Incorporation of BNY Midwest Trust Company
(formerly CTC Illinois Trust Company, formerly Continental Trust
Company) as now in effect. (Exhibit 1 to Form T-1 filed with the
Registration Statement No. 333-47688.)
2,3. A copy of the Certificate of Authority of the Trustee as now in
effect, which contains the authority to commence business and a
grant of powers to exercise corporate trust powers. (Exhibit 2 to
Form T-1 filed with the Registration Statement No. 333-47688.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form
T-1 filed with the Registration Statement No. 333-47688.)
6. The consent of the Trustee required by Section 321(b) of the Act.
(Exhibit 6 to Form T-1 filed with the Registration Statement No.
333-47688.)
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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, BNY Midwest Trust
Company, a corporation organized and existing under the laws of the State of
Illinois, 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 25th day of September, 2002.
BNY Midwest Trust Company
By: /S/ R. ELLWANGER
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Name: R. ELLWANGER
Title: ASSISTANT VICE PRESIDENT
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OFFICE OF BANKS AND REAL ESTATE
BUREAU OF BANKS AND TRUST COMPANIES
CONSOLIDATED REPORT OF CONDITION
OF
BNY MIDWEST TRUST COMPANY
209 WEST JACKSON BOULEVARD
SUITE 700
CHICAGO, ILLINOIS 60606
Including the institution's domestic and foreign subsidiaries completed as of
the close of business on December 31, 2001, submitted in response to the call of
the Office of Banks and Real Estate of the State of Illinois.
ASSETS THOUSANDS OF DOLLARS
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1. Cash and Due from Depository Institutions...................... 11,694
2. U.S. Treasury Securities....................................... - 0 -
3. Obligations of States and Political Subdivisions............... - 0 -
4. Other Bonds, Notes and Debentures.............................. - 0 -
5. Corporate Stock................................................ - 0 -
6. Trust Company Premises, Furniture, Fixtures and Other
Assets Representing Trust Company Premises..................... 363
7. Leases and Lease Financing Receivables......................... - 0 -
8. Accounts Receivable............................................ 4,004
9. Other Assets...................................................
(Itemize amounts greater than 15% of Line 9)
Intangible Asset - Goodwill .....................86,813
86,882
10. TOTAL ASSETS................................................... 102,943
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OFFICE OF BANKS AND REAL ESTATE
BUREAU OF BANKS AND TRUST COMPANIES
CONSOLIDATED REPORT OF CONDITION
OF
BNY MIDWEST TRUST COMPANY
209 WEST JACKSON BOULEVARD
SUITE 700
CHICAGO, ILLINOIS 60606
LIABILITIES THOUSANDS OF DOLLARS
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11. Accounts Payable............................................... - 0 -
12. Taxes Payable.................................................. - 0 -
13. Other Liabilities for Borrowed Money........................... 25,425
14. Other Liabilities..............................................
(Itemize amounts greater than 15% of Line 14)
Reserve for Taxes...................................3,128
Taxes due to Parent Company.........................1,923
Accrued Expenses....................................1,058
6,156
15. TOTAL LIABILITIES 31,581
EQUITY CAPITAL
16. Preferred Stock................................................ - 0 -
17. Common Stock................................................... 2,000
18. Surplus........................................................ 62,130
19. Reserve for Operating Expenses................................. - 0 -
20. Retained Earnings (Loss)....................................... 7,232
21. TOTAL EQUITY CAPITAL........................................... 71,362
22. TOTAL LIABILITIES AND EQUITY CAPITAL........................... 102,943
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I, ROBERT L. DE PAOLA, VICE PRESIDENT
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(Name and Title of Officer Authorized to Sign Report)
of BNY Midwest Trust Company certify that the information contained in this
statement is accurate to the best of my knowledge and belief. I understand that
submission of false information with the intention to deceive the Commissioner
or his Administrative officers is a felony.
ROBERT L. DEPAOLA
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(Signature of Officer Authorized to Sign Report)
Sworn to and subscribed before me is 13th day of FEBRUARY, 2002.
My Commission expires MAY 15, 2003.
JOSEPH A. GIACOBINO, Notary Public
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(Notary Seal)
Person to whom Supervisory Staff should direct questions concerning this report.
CHRISTINE ANDERSON (212) 503-4204
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Name Telephone Number (Extension)
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