EXHIBIT 25.1
REGISTRATION NO. 333-
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) [ ]
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THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(Jurisdiction of incorporation if not a (I.R.S. Employer
U.S. national bank) Identification Number)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices)(Zip code)
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RADIO ONE, INC.
(Exact name of obligor as specified in its charter)
Delaware 52-1166660
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
ADDITIONAL OBLIGORS LISTED ON SCHEDULE A HERETO
(Exact name of obligor as specified in its charter)
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6 3/8% SENIOR SUBORDINATED NOTES DUE 2013
(Title of the indenture securities)
SCHEDULE A
OBLIGORS
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STATE OF INCORPORATION OR I.R.S. EMPLOYER
OBLIGOR ORGANIZATION IDENTIFICATION NUMBER
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Radio One Licenses, LLC DE 52-1166660
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Bell Broadcasting Company MI 38-1537987
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Radio One Of Detroit, LLC DE 38-1537987
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Radio One Of Atlanta, LLC DE 52-1166660
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ROA Licenses, LLC DE 52-1166660
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Radio One Of Charlotte, LLC DE 57-1103928
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Radio One Of Augusta, LLC DE 52-1166660
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Charlotte Broadcasting, LLC DE 52-1166660
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Radio One Of North Carolina, LLC DE 52-1166660
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Radio One Of Boston, Inc. DE 52-2297366
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Radio One Of Boston Licenses, LLC DE 52-2297366
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Blue Chip Merger Subsidiary, Inc. DE 52-2334006
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Blue Chip Broadcast Company OH 31-1402186
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Blue Chip Broadcasting, LTD. OH 31-1459349
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Blue Chip Broadcasting Licenses, LTD. OH 31-1402186
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Blue Chip Broadcasting Licenses II, LTD. NV 31-1688377
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Radio One Of Texas, LP DE 52-2359936
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Radio One Of Indiana, LP DE 52-2359338
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Radio One Of Texas I, LLC DE 52-2359328
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Radio One Of Texas II, LLC DE 52-2359333
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Radio One Of Indiana, LLC DE 52-1166660
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Satellite One, L.L.C. DE 52-1166660
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Hawes-Saunders Broadcast Properties, Inc. DE 31-1313021
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Radio One Of Dayton Licenses, LLC DE 31-1313021
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New Mableton Broadcasting Corporation DE 58-2455006
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Radio One Media Holdings, LLC DE 20-2180640
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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.
NAME ADDRESS
Superintendent of Banks of the State of 2 Rector Street, New York, N.Y. 10006 and
New York 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.
The Trustee is authorized to exercise corporate trust powers.
ITEM 2. AFFILIATIONS WITH OBLIGOR.
IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH
AFFILIATION.
None
ITEM 16. LIST OF EXHIBITS.
EXHIBITS IDENTIFIED IN PARENTHESES BELOW, ON FILE WITH THE COMMISSION,
ARE INCORPORATED HEREIN BY REFERENCE AS EXHIBITS 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, Exhibit 1 to Form T-1 filed with Registration Statement
No. 33-29637 and Exhibit 1 to Form T-1 filed with Registration
Statement No. 333-121195.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form
T-1 filed with Registration Statement No. 333-121195.)
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.
333-106702.)
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 5th day of August, 2005.
THE BANK OF NEW YORK
By: /s/ DOROTHY MILLER
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Name: Dorothy Miller
Title: Vice-President
EXHIBIT 7
REPORT OF CONDITION
EXHIBIT 7
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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 March 31, 2005,
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 . $ 2,292,000
Interest-bearing balances 7,233,000
Securities:
Held-to-maturity securities 1,831,000
Available-for-sale securities 21,039,000
Federal funds sold and securities purchased under
agreements to resell
Federal funds sold in domestic offices 1,965,000
Securities purchased under agreements to
resell 379,000
Loans and lease financing receivables:
Loans and leases held for sale 35,000
Loans and leases, net of unearned
income 31,461,000
LESS: Allowance for loan and
lease losses 579,000
Loans and leases, net of unearned
income and allowance 30,882,000
Trading Assets 4,656,000
Premises and fixed assets (including capitalized
leases) 832,000
Other real estate owned 0
Investments in unconsolidated subsidiaries and
associated companies 269,000
Customers' liability to this bank on acceptances
outstanding 54,000
Intangible assets:
Goodwill 2,042,000
Other intangible assets 740,000
Other assets 5,867,000
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Total assets $80,116,000
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LIABILITIES
Deposits:
In domestic offices $34,241,000
Noninterest-bearing 15,330,000
Interest-bearing 18,911,000
In foreign offices, Edge and Agreement
subsidiaries, and IBFs 25,464,000
Noninterest-bearing 548,000
Interest-bearing 24,916,000
Federal funds purchased and securities sold under
agreements to repurchase
Federal funds purchased in domestic
offices 735,000
Securities sold under agreements to
repurchase 121,000
Trading liabilities 2,780,000
Other borrowed money:
(includes mortgage indebtedness and obligations
under capitalized leases) 1,560,000
Not applicable
Bank's liability on acceptances executed and
outstanding 55,000
Subordinated notes and debentures 1,440,000
Other liabilities 5,803,000
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Total liabilities $72,199,000
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Minority interest in consolidated
subsidiaries 141,000
EQUITY CAPITAL
Perpetual preferred stock and related
surplus 0
Common stock 1,135,000
Surplus (exclude all surplus related to preferred
stock) 2,088,000
Retained earnings 4,643,000
Accumulated other comprehensive income -90,000
Other equity capital components 0
Total equity capital 7,776,000
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Total liabilities, minority interest, and equity
capital $80,116,000
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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 and
correct 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
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.
Thomas A. Renyi
Gerald L. Hassell
Alan R. Griffith Directors