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
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CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) [ ]
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WELLS FARGO BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
Not Applicable 94-1347393
(Jurisdiction of incorporation or organization (I.R.S. employer
if not a U.S. national bank) identification no.)
505 Main Street, Suite 301
Fort Worth, Texas 76102
(Address of principal executive offices) (Zip code)
Wells Fargo & Company
Law Department, Trust Section
MAC N9305-172
Sixth and Marquette, 17th Floor
Minneapolis, MN 55479
(Name, address and telephone number of agent for service)
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Trinity Industries, Inc. and Guarantors listed below
(Exact name of obligor as specified in its charter)
Delaware 75-0225040
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
2525 Stemmons Freeway
Dallas, Texas 75207-2401
(Address of principal executive offices) (Zip Code)
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6 1/2% Senior Notes due 2014
(Title of the indenture securities)
Transit Mix Concrete & Materials Company
(Guarantor)
Delaware 74-2613970
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Trinity Industries Leasing Company
(Guarantor)
Delaware 75-1640393
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Trinity Marine Products, Inc.
(Guarantor)
Delaware 75-2655349
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Trinity Rail Group, LLC
(Guarantor)
Delaware 74-3019443
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Thrall Trinity Freight Car, Inc.
(Guarantor)
Delaware 75-2966210
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Trinity Tank Car, Inc.
(Guarantor)
Delaware 75-2966213
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Trinity Rail Components and Repair, Inc.
(Guarantor)
Delaware 75-2966212
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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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.
Comptroller of the Currency,
Treasury Department
Washington, D.C. 20230
Federal Deposit Insurance Corporation
Washington, D.C. 20429
Federal Reserve Bank of San Francisco
San Francisco, CA 94120
(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.
None with respect to the trustee.
No responses are included for Items 3-14 of this Form T-1 because the obligor is
not in default as provided under Item 13.
Item 15. Foreign Trustee. Not applicable.
Item 16. List of Exhibits.
Wells Fargo Bank incorporates by reference into this Form T-1 exhibits attached
hereto.
Exhibit 1. A copy of the Articles of Association of the trustee now in effect.*
Exhibit 2. A copy of the Comptroller of the Currency Certificate of Corporate
Existence for Wells Fargo Bank, National Association, dated November
28, 2001.*
Exhibit 3. A copy of the authorization of the trustee to exercise corporate
trust powers. A copy of the Comptroller of the Currency Certificate
of Corporate Existence (with Fiduciary Powers) for Wells Fargo Bank,
National Association, dated November 28, 2001.*
Exhibit 4. Copy of By-laws of the trustee as now in effect.*
Exhibit 5. Not applicable.
Exhibit 6. The consents of United States institutional trustees required by
Section 321(b) of the Act.
Exhibit 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.
Exhibit 8. Not applicable.
Exhibit 9. Not applicable.
* Incorporated by reference to Exhibit 25.1 to Registration Statement No.
333-87398 filed by Meritage Corp. on May 1, 2002.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as
amended, the trustee, Wells Fargo Bank, National Association, a national banking
association organized and existing under the laws of the United States of
America, has duly caused this statement of eligibility to be signed on its
behalf by the undersigned, thereunto duly authorized, all in the City of Fort
Worth and State of Texas on the 19th day of July, 2004.
WELLS FARGO BANK, NATIONAL ASSOCIATION
By: /s/ Melissa Scott
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Melissa Scott, Vice President
Exhibit 6
July 19, 2004
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
In accordance with Section 321(b) of the Trust Indenture Act of 1939, as
amended, the undersigned hereby consents that reports of examination of the
undersigned made by Federal, State, Territorial, or District authorities
authorized to make such examination may be furnished by such authorities to the
Securities and Exchange Commission upon its request thereof.
Very truly yours,
WELLS FARGO BANK, NATIONAL ASSOCIATION
By: /s/ Melissa Scott
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Melissa Scott, Vice President
Exhibit 7
Consolidated Report of Condition of
Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business March 31, 2004, filed in accordance with 12 U.S.C.
Section 161 for National Banks.
Dollar Amounts
In Millions
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ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin $ 13,890
Interest-bearing balances 6,251
Securities:
Held-to-maturity securities 0
Available-for-sale securities 27,661
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold in domestic offices 1,436
Securities purchased under agreements to resell 170
Loans and lease financing receivables:
Loans and leases held for sale 29,359
Loans and leases, net of unearned income 233,785
LESS: Allowance for loan and lease losses 2,629
Loans and leases, net of unearned income and allowance 231,156
Trading Assets 8,314
Premises and fixed assets (including capitalized leases) 2,787
Other real estate owned 180
Investments in unconsolidated subsidiaries and associated companies 284
Customers' liability to this bank on acceptances outstanding 69
Intangible assets
Goodwill 7,915
Other intangible assets 6,871
Other assets 11,217
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Total assets $347,560
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LIABILITIES
Deposits:
In domestic offices $240,660
Noninterest-bearing 78,496
Interest-bearing 162,164
In foreign offices, Edge and Agreement subsidiaries, and IBFs 15,087
Noninterest-bearing 3
Interest-bearing 15,084
Federal funds purchased and securities sold under agreements to repurchase:
Federal funds purchased in domestic offices 18,617
Securities sold under agreements to repurchase 3,028
Dollar Amounts
In Millions
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Trading liabilities 4,973
Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases) 18,180
Bank's liability on acceptances executed and outstanding 69
Subordinated notes and debentures 4,824
Other liabilities 9,494
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Total liabilities $314,932
Minority interest in consolidated subsidiaries 70
EQUITY CAPITAL
Perpetual preferred stock and related surplus 0
Common stock 520
Surplus (exclude all surplus related to preferred stock) 23,424
Retained earnings 7,812
Accumulated other comprehensive income 802
Other equity capital components 0
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Total equity capital 32,558
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Total liabilities, minority interest, and equity capital $347,560
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I, James E. Hanson, Vice President of the above-named bank do hereby declare
that this Report of Condition has been prepared in conformance with the
instructions issued by the appropriate Federal regulatory authority and is true
to the best of my knowledge and belief.
James E. Hanson
Vice President
We, the undersigned directors, attest to the correctness of this Report of
Condition and 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
issued by the appropriate Federal regulatory authority and is true and correct.
Howard Atkins
Dave Hoyt Directors
John Stumpf