Form T-1 of US Bank Trust National Association

Exhibit 25.2

 


 

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)             

 

 

U.S. BANK TRUST NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

 

41-1973763

(I. R. S. Employer Identification No.)

 

 

300 East Delaware Avenue, 8th Floor     
Wilmington, Delaware    19809
(Address of principal executive offices)    (Zip Code)

 

 

For information, contact:

James P. Vellanti, Vice President

U.S. Bank Trust National Association

100 Wall Street, 16th Floor

New York, NY 10005

Telephone: (212) 361-2506

 

JPMORGAN CHASE & CO.

(Exact name of obligor as specified in its charter)

 

Delaware    13-2624428

(State or other jurisdiction of

incorporation or organization)

  

(I. R. S. Employer

Identification No.)

270 Park Avenue

New York, New York

   10017
(Address of principal executive offices)    (Zip Code)

 


 

DEBT SECURITIES, PREFERRED SECURITIES, GUARANTEES

 


 

 


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
Comptroller of the Currency    Washington, D. C.

 

  (b) Whether it is authorized to exercise corporate trust powers.

 

Yes.

 

 

Item 2. Affiliations with the Obligor.

 

If the obligor is an affiliate of the trustee, describe each such affiliation.

 

None.

 

 

Items 3-15. The Trustee is a Trustee under other Indentures under which securities issued by the obligor are outstanding. There is not and there has not been a default with respect to the securities outstanding under other such Indentures.

 

 

Item 16. List of Exhibits.

 

  Exhibit 1. A copy of the Articles of Association of the Trustee now in effect, incorporated herein by reference to Exhibit 1 of Form T-1, Document 6 of Registration No. 333-84320.

 

  Exhibit 2. A copy of the certificate of authority of the Trustee to commence business, incorporated herein by reference to Exhibit 2 of Form T-1, Document 6 of Registration No. 333-84320.

 

  Exhibit 3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers, incorporated herein by reference to Exhibit 3 of Form T-1, Document 6 of Registration No. 333-84320.

 

  Exhibit 4. A copy of the existing bylaws of the Trustee, as now in effect, incorporated herein by reference to Exhibit 4 of Form T-1, Document 6 of Registration No. 333-113995.

 

  Exhibit 5. Not applicable.

 

  Exhibit 6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, incorporated herein by reference to Exhibit 6 of Form T-1, Document 6 of Registration No. 333-84320.


  Exhibit 7. A copy of the Report of Condition of the Trustee as of December 31, 2004, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

 

  Exhibit 8. Not applicable.

 

  Exhibit 9. Not applicable.

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, U.S. Bank Trust National Association, a national banking association organized and existing under the laws of the United States, 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 April, 2005.

 

U.S. BANK TRUST
NATIONAL ASSOCIATION

By:  

  /S/     PATRICK J. CROWLEY
        Patrick J. Crowley
        Vice President

 

 


Exhibit 7

 

U.S. Bank Trust National Association

Statement of Financial Condition

As of December 31, 2004

 

($000’s)

 

     12/31/2004

Assets       

Cash and Due From Depository Institutions

   $ 398,276

Fixed Assets

     296

Intangible Assets

     106,343

Other Assets

     28,561
    

Total Assets

   $ 533,476
Liabilities       

Other Liabilities

   $ 16,205
    

Total Liabilities

   $ 16,205
Equity       

Common and Preferred Stock

   $ 1,000

Surplus

     505,932

Undivided Profits

     10,339
    

Total Equity Capital

   $ 517,271
Total Liabilities and Equity Capital    $ 533,476

 

 


To the best of the undersigned’s determination, as of this date the above financial information is true and correct.

 

 

U.S. Bank Trust National Association

By:  

  /S/    PATRICK J. CROWLEY
    Name:    Patrick J. Crowley
    Title:    Vice President

 

Date: April 1, 2005