EXHIBIT 25
_______________________________________________________________
_______________________________________________________________
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) / x /
PNC BANK, NATIONAL ASSOCIATION
(Exact Name of Trustee as Specified in its Charter)
NOT APPLICABLE
(Jurisdiction of incorporation or
organization if not a U.S. national bank)
00-0000000
(I.R.S. Employer Identification No.)
One PNC Plaza
Fifth Avenue and Wood Street, Pittsburgh, Pennsylvania 15222
(Address of principal executive offices - Zip code)
X. X. Xxxxxx, Vice President, PNC Bank, National Association
27th Floor, Xxx Xxxxxx Xxxxx, Xxxxxxxxxx, Xxxxxxxxxxxx 00000
(000) 000-0000
(Name, address and telephone number of agent for service)
ALUMINUM COMPANY OF AMERICA
(Exact name of obligor as specified in its charter)
Pennsylvania
(State or other jurisdiction of incorporation or organization)
00-0000000
(I.R.S. Employer Identification No.)
000 Xxxxx Xxxxxx
Xxxxxxxxxx, Xxxxxxxxxxxx 00000-1850
(Address of principal executive offices - Zip code)
DEBT SECURITIES
(Title of the indenture securities)
_______________________________________________________________
_______________________________________________________________
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 Washington, D.C.
Federal Reserve Bank of Cleveland Cleveland, Ohio
Federal Deposit Insurance Corporation Washington, D.C.
(b) Whether it is authorized to exercise corporate trust
powers.
Yes. (See Exhibit T-1-3)
Item 2. Affiliations with obligor and underwriters.
If the obligor or any underwriter for the obligor is an
affiliate of the trustee, describe each such affiliation.
Neither the obligor nor any underwriter for the
obligor is an affiliate of the trustee.
Item 3 through Item 14.
The issuer currently is not in default under any of its
outstanding securities for which PNC Bank, National
Association is trustee. Accordingly, responses to
Items 3 through 14 of Form T-1 are not required pursuant
to Form T-1 General Instructions B.
Item 15. Foreign trustee.
Identify the order or rule pursuant to which the foreign
trustee is authorized to act as sole trustee under the
indentures qualified or to be qualified under the Act.
Not applicable (trustee is not a foreign trustee).
Item 16. List of exhibits.
List below all exhibits filed as part of this statement
of eligibility.
Exhibit T-1-1 - Articles of Association of the trustee,
with all amendments thereto, as
presently in effect, filed as Exhibit 1
to Trustee's Statement of Eligibility
and Qualification, Registration
No. 33-58107 and incorporated herein by
reference.
Exhibit T-1-2 - Copy of Certificate of the Authority of
the Trustee to Commence Business, filed
as Exhibit 2 to Trustee's Statement of
Eligibility and Qualification, Registra-
tion No. 2-58789 and incorporated herein
by reference.
Exhibit T-1-3 - Copy of Certificate as to Authority of
the Trustee to Exercise Trust Powers,
filed as Exhibit 3 to Trustee's State-
ment of Eligibility and Qualification,
Registration No. 2-58789, and incor-
porated herein by reference.
Exhibit T-1-4 - The By-Laws of the trustee, as presently
in effect, filed as Exhibit 4 to
Trustee's Statement of Eligibility and
Qualification, Registration No. 33-58107
and incorporated herein by reference.
Exhibit T-1-5 - The consent of the trustee required by
Section 321(b) of the Act.
Exhibit T-1-6 - The copy of the Balance Sheet taken
from the latest Report of Condition of
the trustee published in response to
call made by Comptroller of the
Currency under Section 5211 U.S.
Revised Statutes.
NOTE
The answers to this statement, insofar as such answers
relate to (a) what persons have been underwriters for any
securities of the obligor within three years prior to the date
of filing this statement, or are owners of 10% or more of the
voting securities of the obligor, or are affiliates or
directors or executive officers of the obligor, and (b) the
voting securities of the trustee owned beneficially by the
xxxxxxx and each director and executive officer of the
obligor, are based upon information furnished to the trustee
by the obligor and also, in the case of (b) above, upon an
examination of the trustee's records. While the trustee has
no reason to doubt the accuracy of any such information
furnished by the obligor, it cannot accept any responsibility
therefor.
Signature appears on next page
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of
1939 the trustee, PNC Bank, National Association, a corporation
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 Pittsburgh, and Commonwealth of
Pennsylvania on November 28, 1995.
PNC BANK, NATIONAL ASSOCIATION
(Trustee)
By /s/X. X. Xxxxxx
X. X. Xxxxxx
Vice President
EXHIBIT T-1-5
CONSENT OF TRUSTEE
Pursuant to the requirements of Section 321(b) of the
Trust Indenture Act of 1939, as amended by the Trust Indenture
Reform Act of 1990, in connection with the proposed issuance
by Aluminum Company of America (a Pennsylvania Corporation) of
Debt Securities, we hereby consent that reports of examination
by Federal, State, Territorial, or District authorities may be
furnished by such authorities to the Securities and Exchange
Commission upon request therefor.
PNC BANK, NATIONAL ASSOCIATION
(Trustee)
By /s/X. X. Xxxxxx
X. X. Xxxxxx
Vice President
Dated: November 28, 1995
EXHIBIT T-1-6
SCHEDULE RC - BALANCE SHEET
FROM
REPORT OF CONDITION
Consolidating domestic and foreign subsidiaries of
PNC BANK, NATIONAL ASSOCIATION
of PITTSBURGH in the state of PENNSYLVANIA
at the close of business on
September 30, 1995
filed in response to call made by
Comptroller of the Currency,
under title 12, United States Code, Section 161
Charter Number 540
Comptroller of the Currency Northeastern District
BALANCE SHEET
Thousands
of Dollars
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ASSETS
Cash and balances due from depository institutions
Noninterest-bearing balances and currency and coin $ 1,573,515
Interest-Bearing Balances 13,608
Securities
Held-to-maturity securities 11,883,150
Available-for-sale securities 1,718,791
Federal funds sold and securities purchased under
agreements to resell in domestic offices of the
bank and of its Edge and Agreement subsidiaries,
and in IBFs:
Federal funds sold 408,223
Securities purchased under agreements to resell 0
Loans and lease financing receivables:
Loans and leases, net of unearned income $25,891,444
LESS: Allowance for loan and lease losses 663,361
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Loans and leases, net of unearned income,
allowance and reserve 25,255,083
Trading assets 14,757
Premises and fixed assets (including capitalized leases) 479,816
Other real estate owned 49,741
Investments in unconsolidated subsidiaries and
associated companies 26,254
Customers' liability to this bank on acceptances
outstanding 59,350
Intangible assets 667,888
Other assets 742,403
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Total Assets $ 42,892,579
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LIABILITIES
Deposits:
In domestic offices $ 21,262,125
Noninterest-bearing $ 5,031,432
Interest-bearing 16,230,693
In foreign offices, Edge and
Agreement subsidiaries, and IBFs 1,412,910
Noninterest-bearing $ 311
Interest-bearing 1,412,599
Federal funds purchased and securities
sold under agreements to repurchase
in domestic offices of the bank and
of its Edge and Agreement
subsidiaries, and in IBFs:
Federal funds purchased 1,924,623
Securities sold under agreements to repurchase 4,305,653
Demand notes issued to U.S. Treasury 750,269
Trading Liabilities 14,788
Other borrowed money
With original maturity of one year or less 8,402,388
With original maturity of more than one year 622,252
Mortgage indebtedness and obligations under
capitalized leases 4,993
Bank's liability on acceptances executed and outstanding 59,350
Subordinated notes and debentures 499,878
Other liabilities 579,281
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Total liabilities 39,838,510
EQUITY CAPITAL
Common Stock 30,850
Surplus 993,808
Undivided profits and capital reserves 2,074,584
Net unrealized holding gains (losses) on
available-for-sale securities (45,173)
Total equity capital 3,054,069
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Total liabilities and equity capital $ 42,892,579
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