EXHIBIT 25.1 ________________________________________________________________________________ ________________________________________________________________________________ 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) ____ BANK OF MONTREAL TRUST COMPANY (EXACT NAME OF TRUSTEE AS SPECIFIED IN ITS CHARTER) New York 13-4941093 (JURISDICTION OF INCORPORATION (I.R.S. EMPLOYER OR ORGANIZATION IDENTIFICATION NO.) IF NOT A U.S. NATIONAL BANK) Wall Street Plaza 88 Pine Street New York, New York (ADDRESS OF PRINCIPAL 10005 EXECUTIVE OFFICES) (ZIP CODE) Mark F. McLaughlin Bank of Montreal Trust Company Wall Street Plaza 88 Pine Street, New York, New York 10005 (212) 701-7602 (NAME, ADDRESS AND TELEPHONE NUMBER OF AGENT FOR SERVICE) ____________________________________ COAXIAL LLC COAXIAL FINANCING CORP. INSIGHT COMMUNICATIONS OF CENTRAL OHIO, LLC (EXACT NAME OF OBLIGOR AS SPECIFIED IN ITS CHARTER) Delaware Applied For Delaware Applied For Delaware 13-4017803 (STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER INCORPORATION OR ORGANIZATION) IDENTIFICATION NUMBER) c/o Insight Communications Company, Inc. 126 East 56th Street New York, NY 10022 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) ______________________________________ 12 7/8% Senior Discount Notes due 2008 (TITLE OF THE INDENTURE SECURITIES) ________________________________________________________________________________ ________________________________________________________________________________ - 2 - ITEM 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. Federal Reserve Bank of New York 33 Liberty Street, New York N.Y. 10045 State of New York Banking Department 2 Rector Street, New York, N.Y. 10006 (b) Whether it is authorized to exercise corporate trust powers. The Trustee is authorized to exercise corporate trust powers. ITEM 2. AFFILIATIONS WITH THE OBLIGOR. ------------------------------ If the obligor is an affiliate of the trustee, describe each such affiliation. The obligor is not an affiliate of the trustee. ITEM 16. LIST OF EXHIBITS. ----------------- List below all exhibits filed as part of this statement of eligibility. Exhibit 1 - Copy of Organization Certificate of Bank of Montreal Trust Company to transact business and exercise corporate trust powers; incorporated herein by reference as Exhibit "A" filed with Form T-1 Statement, Registration No. 33-46118. Exhibit 4 - Copy of the existing By-Laws of Bank of Montreal Trust Company; incorporated herein by reference as Exhibit "B" filed with Form T-1 Statement, Registration No. 33-80928. Exhibit 6 - The consent of the Trustee required by Section 321(b) of the Act; incorporated herein by reference as Exhibit "C" with Form T-1 Statement, Registration No. 33-46118. Exhibit 7 - A copy of the latest report of condition of Bank of Montreal Trust Company published pursuant to law or the requirements of its supervising or examining authority, attached hereto as Exhibit "D". SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, Bank of Montreal Trust Company, 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 24th day of September, 1998. BANK OF MONTREAL TRUST COMPANY By: /s/ Amy S. Roberts ___________________________ Amy S. Roberts Vice President EXHIBIT "D" STATEMENT OF CONDITION BANK OF MONTREAL TRUST COMPANY NEW YORK ------------------------------ ASSETS Due From Banks $ 677,400 ----------- Investment Securities: State & Municipal 16,513,582 Other 100 ----------- TOTAL SECURITIES 16,513,682 Loans and Advances Federal Funds Sold 20,900,000 Overdrafts 12,169 ----------- TOTAL LOANS AND ADVANCES 20,912,169 Investment in Harris Trust, NY 8,725,608 Premises and Equipment 475,614 Other Assets 2,636,845 ----------- 11,838,067 ----------- TOTAL ASSETS $49,941,318 =========== LIABILITIES Trust Deposits $ 8,191,549 Other Liabilities 16,944,443 ----------- TOTAL LIABILITIES 25,135,992 CAPITAL ACCOUNTS Capital Stock, Authorized, Issued and Fully Paid - 10,000 Shares of $100 Each 1,000,000 Surplus 4,222,188 Retained Earnings 19,605,350 Equity - Municipal Gain/Loss (22,212) ----------- TOTAL CAPITAL ACCOUNTS 24,805,326 ----------- TOTAL LIABILITIES AND CAPITAL ACCOUNTS $49,941,318 =========== I, Mark F. McLaughlin, Vice President, 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. Mark F. McLaughlin June 30, 1998 We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We declared 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. Sanjiv Tandon Kevin O. Healy Steven R. Rothbloom