EXHIBIT 25
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
_______________
CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE
PURSUANT TO SECTION 305(b)(2)
_______________
NATIONSBANK OF GEORGIA, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
58-0193243
(I.R.S. employer identification no.)
600 PEACHTREE STREET, N.E.
SUITE 900
ATLANTA, GEORGIA 30308
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
_____________________________
JOHN T. HENDERSON
NATIONSBANK OF GEORGIA, NATIONAL ASSOCIATION
AREA ADMINISTRATION
6000 FELDWOOD ROAD
COLLEGE PARK, GEORGIA 30349
(404) 774-6074
(NAME, ADDRESS AND TELEPHONE NUMBER OF AGENT FOR SERVICE)
_______________
with a copy to:
NATIONSBANK OF GEORGIA, NATIONAL ASSOCIATION
CORPORATE TRUST
600 PEACHTREE STREET, SUITE 900
ATLANTA, GA 30308
________________________
UNION CAMP CORPORATION
(EXACT NAME OF OBLIGOR AS SPECIFIED IN ITS CHARTER)
VIRGINIA 13-5652423
(STATE OR OTHER JURISDICTION (IRS EMPLOYER
OF INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
1600 VALLEY ROAD
WAYNE, NEW JERSEY 07470
(201) 628-2000
(NAME, ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER,
INCLUDING AREA CODE, OF PRINCIPAL EXECUTIVE OFFICE)
__________________________________________
DEBT SECURITIES
(TITLE OF THE INDENTURE SECURITIES)
_________________________________________________________________
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.
THE COMPTROLLER OF THE CURRENCY,
WASHINGTON, D.C.
FEDERAL RESERVE BANK OF ATLANTA
104 MARIETTA STREET, N.W.
ATLANTA, GEORGIA
FEDERAL DEPOSIT INSURANCE CORPORATION
WASHINGTON, D.C.
(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.
List below all exhibits filed as a part of this statement of
eligibility.
(1) A copy of the Articles of Association of the trustee as
now in effect. (See Exhibit 1 to Form T-1, Exhibit 25
to Registration No. 33-50233, which is incorporated
herein by reference.)
(2) A copy of the certificate of authority of the trustee
to commence business. (See Exhibit 2 to Form T-1,
Exhibit 25 to Registration No. 33-50233, which is
incorporated herein by reference.)
(3) A copy of the authorization of the trustee to exercise
corporate trust powers. (See Exhibit 3 to Form T-1,
Exhibit 25 to Registration No. 33-50233, which is
incorporated herein by reference.)
(4) A copy of the existing by-laws of the trustee, as
amended to date. (See Exhibit 4 to Form T-1, Exhibit
25 to Registration No. 33-50233, which is incorporated
herein by reference.)
(6) The consent of the trustee required by Section 321(b)
of the Trust Indenture Act of 1939.
(7) A copy of the latest report of condition of the trustee
published pursuant to law or the
requirements of its supervising or examining authority.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939 the
trustee, NationsBank of Georgia, National Association, a corporation 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 Atlanta and the
State of Georgia, on the 11th day of October, 1994.
NATIONSBANK OF GEORGIA,
NATIONAL ASSOCIATION
/S/ SANDRA CARREKER
By: .................................
SANDRA CARREKER
VICE PRESIDENT
EXHIBIT 6 TO FORM T-1
CONSENT OF TRUSTEE
Pursuant to the requirements of Section 321(b) of the Trust Indenture Act
of 1939 in connection with the proposed issuance of Union Camp Corporation Debt
Securities, NationsBank of Georgia, National Association hereby consents that
reports of examinations by Federal, State, Territorial or District Authorities
may be furnished by such authorities to the Securities and Exchange Commission
upon request therefor.
NATIONSBANK OF GEORGIA,
NATIONAL ASSOCIATION
/S/ SANDRA CARREKER
By: .................................
SANDRA CARREKER
VICE PRESIDENT
EXHIBIT 7 TO FORM T-1
Comptroller of the Currency
Administrator of National Banks
REPORT OF CONDITION
Consolidating domestic and foreign subsidiaries of the NATIONSBANK OF
GEORGIA, N.A. OF ATLANTA, in the state of Georgia, at the close of business on
June 30, 1994 published in response to call made by Comptroller of the Currency,
under Title 12, United States Code, Section 161. Charter Number 13281,
Comptroller of the Currency, Atlanta District.
DOLLAR AMOUNTS IN
STATEMENT OF RESOURCES AND LIABILITIES THOUSANDS
- ------------------------------------------------------------------------------ --------------------
ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin..................................... 1,374,394.
Securities:
Held-to-maturity securities....................................................... 1,400,450.
Available-for-sale securities..................................................... 2,596,333.
Federal funds sold and securities purchased under agreements to resell in domestic
offices of the bank and of its Edge and Agreement subsidiaries, and in IBFs:
Federal funds sold................................................................ 722,053.
Securities purchased under agreements to resell................................... 25,137.
Loans and lease financing receivables:
Loans and leases, net of unearned income................................. 9,720,178.
LESS: Allowance for loan and lease losses................................ 125,574.
Loans and leases, net of unearned income, allowance, and reserve....................... 9,594,604.
Assets held in trading accounts............................................................. 14,030.
Premises and fixed assets (including capitalized leases).................................... 189,444.
Other real estate owned..................................................................... 13,498.
Customers' liability to this bank on acceptances outstanding................................ 242,877.
Intangible assets........................................................................... 42,602.
Other assets................................................................................ 203,161.
TOTAL ASSETS................................................................................ 16,418,583.
LIABILITIES
Deposits:
In domestic offices.................................................................... 8,648,513.
Noninterest-bearing...................................................... 2,928,628.
Interest-bearing......................................................... 5,719,885.
Federal funds purchased and securities sold under agreements to repurchase in
domestic offices of the bank and of its Edge and Agreement subsidiaries, and
in IBFs:
Federal funds purchased................................................................ 4,328,175.
Securities sold under agreements to repurchase......................................... 579,516.
Demand notes issued to the U.S. Treasury.................................................... 149,135.
Trading Liabilities......................................................................... 33,871.
Other borrowed money:
With original maturity of one year or less............................................. 697,596.
With original maturity of more than one year........................................... 557.
Bank's liability on acceptances executed and outstanding.................................... 242,877.
Other liabilities........................................................................... 701,149.
TOTAL LIABILITIES........................................................................... 15,381,389.
EQUITY CAPITAL
Common stock................................................................................. 97,747.
Surplus...................................................................................... 232,803.
Undivided profits and capital reserves....................................................... 722,862.
Less: Net unrealized loss on marketable equity securities.................................... (16,218)
Total equity capital......................................................................... 1,037,194.
TOTAL LIABILITIES, LIMITED-LIFE PREFERRED STOCK, AND EQUITY CAPITAL.......................... 16,418,583.
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.
Hugh M. Chapman
L.L. Gellerstedt, III Directors
Harold A. Dawson