SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM T-1
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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Marine Midland Bank
(Exact name of trustee as specified in its charter)
New York 16-1057879
(Jurisdiction of incorporation (I.R.S. Employer
or organization if not a U.S. Identification No.)
national bank)
140 Broadway, New York, N.Y. 10005-1180
(212) 658-1000 (Zip Code)
(Address of principal executive offices)
Charles E. Bauer
Vice President
Marine Midland Bank
140 Broadway
New York, New York 10005-1180
Tel: (212) 658-1792
(Name, address and telephone number of agent for service)
Magellan Health Services, Inc.
(Exact name of obligor as specified in its charter)
Delaware 58-1076937
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
3414 Peachtree Road, N.E. 8060
Suite 1400 (Primary Standard Industrial
Atlanta, Georgia, 30326 Classification Code Number)
(404) 841-9200
(Address, including zip code, and telephone number,
Including area code, of registrant's principal executive offices)
9% Series A Senior Subordinated Notes Due 2008
(Title of Indenture Securities)
GENERAL
ITEM 1. GENERAL INFORMATION.
Furnish the following information as to the trustee:
(a) Name and address of each examining or supervisory authority to which it
is subject.
State of New York Banking Department.
Federal Deposit Insurance Corporation, Washington, D.C.
Board of Governors of the Federal Reserve System, Washington, D.C.
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
ITEM 2. AFFILIATIONS WITH OBLIGOR.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
NONE
ITEM 16. LIST OF EXHIBITS.
EXHIBIT
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T1A(i) * - Copy of the Organization Certificate of Marine
Midland Bank.
T1A(ii) * - Certificate of the State of New York Banking
Department dated December 31, 1993 as to the
authority of Marine Midland Bank to commence
business.
T1A(iii) - Not applicable.
T1A(iv) * - Copy of the existing By-Laws of Marine Midland Bank
as adopted on January 20, 1994.
T1A(v) - Not applicable.
T1A(vi) * - Consent of Marine Midland Bank required by Section
321(b) of the Trust Indenture Act of 1939.
T1A(vii) - Copy of the latest report of condition of the trustee
(December 31, 1997), published pursuant to law or the
requirement of its supervisory or examining
authority.
T1A(viii) - Not applicable.
T1A(ix) - Not applicable.
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* Exhibits previously filed with the Securities and Exchange Commission with
Registration No. 33-53693 and incorporated herein by reference thereto.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, the
Trustee, Marine Midland Bank, a banking corporation and trust company organized
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 9th day of
March 1998.
MARINE MIDLAND BANK
By: /s/ Frank J. Godino
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Frank J. Godino
Vice President
Exhibit T1A (vii)
Board of Governors of the Federal Reserve System
OMB Number: 7100-0036
Federal Deposit Insurance Corporation
OMB Number: 3064-0052
Office of the Comptroller of the Currency
OMB Number: 1557-0081
Federal Financial Institutions Examination Council Expires March 31, 2000
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Please refer to page i,
Table of Contents, for / 1 /
the required disclosure
of estimated burden.
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Consolidated Reports of Condition and Income for
A Bank With Domestic and Foreign Offices-- FFIEC 031
Report at the close of business December 31,
1997
This report is required by law; 12 U.S.C. Section 324 (State member
banks); 12 U.S.C. Section 1817 (State nonmember banks); and 12
U.S.C. Section 161 (National banks).
NOTE: The Reports of Condition and Income must be signed
by an authorized officer and the Report of Condition must be
attested to by not less than two directors (trustees) for State
nonmember banks and three directors for State member and
National Banks.
I, Gerald A. Ronning, Executive VP & Controller
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Name and Title of Officer Authorized to Sign Report
of the named bank do hereby declare that these Reports of
Condition and Income (including the supporting schedules)
have been prepared in conformance with the instructions
issued by the appropriate Federal regulatory authority and
are true to the best of my knowledge and believe.
/s/ Gerald A. Ronning
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Signature of Officer Authorized to Sign Report
1/26/98
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Date of Signature
SUBMISSION OF REPORTS
Each Bank must prepare its Reports of Condition and Income
either:
(a) in automated formand then file the computer data file
directly with the banking agencies' collection agent,
Electronic Data System Corporation (EDS), by modem or
computer diskette; or
(971231)
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(RCRI 9999)
This report form is to be filed by banks with branches and
consolidated subsidiaries in U.S. territories and possessions,
Edge or Agreement subsidiaries, foreign branches, consoli-
dated foreign subsidiaries, or International Banking Facilities.
The Reports of Condition and Income are to be prepared in
accordance with Federal regulatory authority instructions.
We, the undersigned directors (trustees), attest to the
correctness of this Report of Condition (including the
supporting schedules) 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.
/s/ Malcolm Burnett
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Director (Trustee)
/s/ Bernard J. Kennedy
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Director (Trustee)
/s/ Sal H. Alfiero
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Director (Trustee)
(b) in hard-copy (paper) form and arrange for another party to
convert the paper report to automated for. That party (if
other than EDS) must transmit the bank's computer data
file to EDS
To fulfill the signature and attestation requirement for the
Reports of Condition and Income for this report date, attach
this signature page to the hard-copy of the completed report
that the bank places in its files.
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FDIC Certificate Number /0/0/5/8/9/
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(RCRI 9030)
REPORT OF CONDITION
Consolidating domestic and foreign subsidiaries of the
Marine Midland Bank of Buffalo
Name of Bank City
in the state of New York, at the close of business
December 31, 1997
ASSETS
Thousands
of dollars
Cash and balances due from depository
institutions:
Noninterest-bearing balances currency and coin................................ $ 928,754
Interest-bearing balances..................................................... 2,571,410
Held-to-maturity securities................................................... 0
Available-for-sale securities................................................. 3,968,837
Federal funds sold and securities purchased under agreements to resell.......... 497,992
Loans and lease financing receivables:
Loans and leases net of unearned income....................................... 21,550,115
LESS: Allowance for loan and lease losses..................................... 407,355
LESS: Allocated transfer risk reserve......................................... 0
Loans and lease, net of unearned income, allowance, and reserve............... 21,142,760
Trading assets................................................................ 979,454
Premises and fixed assets (including capitalized leases)...................... 225,646
Other real estate owned......................................................... 8,092
Investments in unconsolidated subsidiaries and associated companies............. 0
Customers' liability to this bank on acceptances outstanding.................... 24,795
Intangible assets............................................................... 479,713
Other assets.................................................................... 488,168
Total assets.................................................................... 31,315,621
LIABILITIES
Deposits:
In domestic offices........................................................... 20,072,724
Noninterest-bearing........................................................... 4,090,858
Interest-bearing.............................................................. 15,981,866
In foreign offices, Edge, and Agreement subsidiaries, and IBFs.................. 3,834,827
Noninterest-bearing........................................................... 0
Interest-bearing.............................................................. 3,834,827
Federal funds purchased and securities sold under agreements to repurchase...... 2,007,482
Demand notes issued to the U.S. Treasury........................................ 192,186
Trading Liabilities............................................................. 215,748
Other borrowed money:
With a remaining maturity of one year or less................................. 1,402,449
With a remaining maturity of more than one year through three years........... 63,601
With a remaining maturity of more than three years............................ 61,707
Bank's liability on acceptances executed and outstanding........................ 24,795
Subordinated notes and debentures............................................... 497,774
Other liabilities............................................................... 719,423
Total liabilities............................................................... 29,092,716
EQUITY CAPITAL
Perpetual preferred stock and related surplus................................... 0
Common Stock.................................................................... 205,000
Surplus......................................................................... 1,984,326
Undivided profits and capital reserves.......................................... 8,678
Net unrealized holding gains (losses) on available-for-sale securities.......... 24,901
Cumulative foreign currency translation adjustments............................. 0
Total equity capital............................................................ 2,222,905
Total liabilities, limited-life preferred stock, and equity capital............. 31,315,621