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
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 00-0000000
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
00 Xxxx Xxxxxx, Xxx Xxxx, X.X. 00000
(Address of principal executive offices) (Zip code)
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XXXXX HEALTHCARE CORPORATION
(Exact name of obligor as specified in its charter)
Nevada 00-0000000
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
0000 Xxxxxxxx Xxxxxx
Xxxxx Xxxxxx, Xxxxxxxxxx 00000
(Address of principal executive offices) (Zip code)
______________________
__% Exchangeable Subordinated Notes due 2007
(Title of the indenture securities)
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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.
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Name Address
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Superintendent of Banks of the State of 0 Xxxxxx Xxxxxx, Xxx Xxxx,
Xxx Xxxx N.Y. 10006, and Albany, N.Y.
00000
Xxxxxxx Xxxxxxx Xxxx xx Xxx Xxxx 00 Xxxxxxx Xxxxx, Xxx Xxxx,
X.X. 00000
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association New York, New York
(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 AFFILIA-
TION.
None. (See Note on page 3.)
16. LIST OF EXHIBITS.
EXHIBITS IDENTIFIED IN PARENTHESES BELOW, ON FILE WITH THE COMMISSION,
ARE INCORPORATED HEREIN BY REFERENCE AS AN EXHIBIT HERETO, PURSUANT TO
RULE 7A-29 UNDER THE TRUST INDENTURE ACT OF 1939 (THE "ACT") AND RULE
24 OF THE COMMISSION'S RULES OF PRACTICE.
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 and Exhibit 1 to Form T-1 filed with Registration
Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to
Form T-1 filed with Registration Statement No. 33-31019.)
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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.
33-44051.)
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.
NOTE
Inasmuch as this Form T-1 is filed prior to the ascertainment by the
Trustee of all facts on which to base a responsive answer to Item 2, the answer
to said Item is based on incomplete information.
Item 2 may, however, be considered as correct unless amended by an
amendment to this Form T-1.
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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 1st day of December, 1995.
THE BANK OF NEW YORK
By: /s/ XXXXXX XXXXXXX
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Name: XXXXXX XXXXXXX
Title: ASSISTANT VICE PRESIDENT
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EXHIBIT 7
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CONSOLIDATED REPORT OF CONDITION OF
THE BANK OF NEW YORK
of 00 Xxxx Xxxxxx, Xxx Xxxx, X.X. 00000
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business June 30, 1995,
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 depos-
itory institutions:
Noninterest-bearing balances and
currency and coin . . . . . . . . . . . . . . . . $ 3,025,419
Interest-bearing balances . . . . . . . . . . . . 881,413
Securities:
Held-to-maturity securities . . . . . . . . . . . 1,242,368
Available-for-sale securities . . . . . . . . . . 1,774,079
Federal funds sold in domestic
offices of the bank . . . . . . . . . . . . . . . 5,503,445
Securities purchased under agree-
ments to resell. . . . . . . . . . . . . . . . . . 200,634
Loans and lease financing
receivables:
Loans and leases, net of unearned
income . . . . . . . . . . . . . . . . . . . . . 26,599,533
LESS: Allowance for loan and
lease losses . . . . . . . . . . . . . . . . . . 516,283
Loans and leases, net of unearned
income and allowance . . . . . . . . . . . . . . 26,083,250
Assets held in trading accounts ...... . . . . . . . 1,455,639
Premises and fixed assets (including
capitalized leases). . . . . . . . . . . . . . . . 612,547
Other real estate owned . . . . . . . . . . . . . . 79,667
Investments in unconsolidated
subsidiaries and associated
companies . . . . . . . . . . . . . . . . . . . . 198,737
Customers' liability to this bank on
acceptances outstanding . . . . . . . . . . . . . 1,111,464
Intangible assets . . . . . . . . . . . . . . . . . 105,263
Other assets . . . . . . . . . . . . . . . . . . . . 1,237,264
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Total assets . . . . . . . . . . . . . . . . . . . . $43,511,189
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LIABILITIES
Deposits:
In domestic offices . . . . . . . . . . . . . . . $19,233,885
Noninterest-bearing . . . . . . . . . . . . . . . 7,677,954
Interest-bearing . . . . . . . . . . . . . . . . . 11,555,931
In foreign offices, Edge and
Agreement subsidiaries, and IBFs . . . . . . . . . 12,641,676
Noninterest-bearing . . . . . . . . . . . . . . . 72,479
Interest-bearing . . . . . . . . . . . . . . . . . 12,569,197
Federal funds purchased and secu-
rities sold under agreements to re-
purchase in domestic offices of
the bank and of its Edge and
Agreement subsidiaries, and in
IBFs:
Federal funds purchased . . . . . . . . . . . . . 1,747,659
Securities sold under agreements
to repurchase . . . . . . . . . . . . . . . . . 73,553
Demand notes issued to the U.S.
Treasury . . . . . . . . . . . . . . . . . . . . . 300,000
Trading liabilities . . . . . . . . . . . . . . . . 738,317
Other borrowed money:
With original maturity of one year
or less . . . . . . . . . . . . . . . . . . . . 1,586,443
With original maturity of more than
one year . . . . . . . . . . . . . . . . . . . . 220,877
Bank's liability on acceptances exe-
cuted and outstanding . . . . . . . . . . . . . . 1,113,102
Subordinated notes and debentures . . . . . . . . . 1,053,860
Other liabilities . . . . . . . . . . . . . . . . . 1,489,252
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Total liabilities . . . . . . . . . . . . . . . . . 40,198,624
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EQUITY CAPITAL
Common stock . . . . . . . . . . . . . . . . . . . . 942,284
Surplus . . . . . . . . . . . . . . . . . . . . . . 525,666
Undivided profits and capital
reserves . . . . . . . . . . . . . . . . . . . . . 1,849,221
Net unrealized holding gains
(losses) on available-for-sale
securities . . . . . . . . . . . . . . . . . . . . ( 662)
Cumulative foreign currency transla-
tion adjustments . . . . . . . . . . . . . . . . . ( 3,944)
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Total equity capital . . . . . . . . . . . . . . . . 3,312,565
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Total liabilities and equity
capital. . . . . . . . . . . . . . . . . . . . . . $43,511,189
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I, Xxxxxx X. Xxxxxxx, Senior Vice President and Comptroller of the
above-named bank do hereby declare that this Report of Condition has been
prepared in conformance with the instructions issued by the Board of Governors
of the Federal Reserve System and is true to the best of my knowledge and
belief.
Xxxxxx X. Xxxxxxx
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 Board of Governors of the Federal Reserve System and is true and
correct.
X. Xxxxxx Xxxxx
Xxxxxx A. Renyi Directors
Xxxxxx X. Xxxxxxxxx