EXHIBIT 25
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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
CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE
PURSUANT TO SECTION 305 (b)(2)
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CITIBANK, N.A.
(EXACT NAME OF TRUSTEE AS SPECIFIED IN ITS CHARTER)
00-0000000
(I.R.S. EMPLOYER IDENTIFICATION NO.)
000 XXXX XXXXXX, XXX XXXX, XXX XXXX 00000
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICE) (ZIP CODE)
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THE TIMES MIRROR COMPANY
(EXACT NAME OF OBLIGOR AS SPECIFIED IN ITS CHARTER)
DELAWARE 00-0000000
(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
TIMES XXXXXX XXXXXX 00000
XXX XXXXXXX, XXXXXXXXXX (XXX CODE)
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
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LIQUID YIELD OPTION(TM) NOTES (XXXXX(TM))
(TITLE OF THE INDENTURE SECURITIES)
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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.
NAME ADDRESS
---- -------
Comptroller of the Currency........................... Washington, D.C.
Federal Reserve Bank of New York...................... New York, NY
00 Xxxxxxx Xxxxxx
Xxx Xxxx, XX
Federal Deposit Insurance Corporation................. 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.
List below all exhibits filed as a part of this Statement of Eligibility.
Exhibits identified in parentheses below, on file with the Commission,
are incorporated herein by reference as exhibits hereto.
Exhibit 1--Copy of Articles of Association of the Trustee, as now in
effect. (Exhibit 1 to T-1 to Registration Statement No. 2-79983)
Exhibit 2--Copy of certificate of authority of the Trustee to commence
business. (Exhibit 2 to T-1 to Registration Statement No. 2-29577)
Exhibit 3--Copy of authorization of the Trustee to exercise corporate
trust powers. (Exhibit 3 to T-1 to Registration Statement No. 2-55519)
Exhibit 4--Copy of existing By-Laws of the Trustee. (Exhibit 4 to T-1
to Registration Statement No. 33-34988)
Exhibit 5--Not applicable.
Exhibit 6--The consent of the Trustee required by Section 321(b) of the
Trust Indenture Act of 1939. (Exhibit 6 to T-1 to Registration
Statement No. 33-19227.)
Exhibit 7--Copy of the latest Report of Condition of Citibank, N.A. (as
of March 31, 1997--attached)
Exhibit 8--Not applicable.
Exhibit 9--Not applicable.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, the
Trustee, Citibank, N.A., 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 New York and State of New York, on the 30th day
of June, 1997.
Citibank, N.A.
/s/ Xxxxxxxx Xxxxx
By __________________________________
Xxxxxxxx Xxxxx
Trust Officer
Charter No. 1461
Comptroller of the Currency
Northeastern District
REPORT OF CONDITION
CONSOLIDATING
DOMESTIC AND FOREIGN
SUBSIDIARIES OF
CITIBANK, N.A.
OF NEW YORK IN THE STATE OF NEW YORK, AT THE CLOSE OF BUSINESS ON MARCH 31,
1997, PUBLISHED IN RESPONSE TO CALL MADE BY COMPTROLLER OF THE CURRENCY, UNDER
XXXXX 00, XXXXXX XXXXXX CODE, SECTION 161. CHARTER NUMBER 1461 COMPTROLLER OF
THE CURRENCY NORTHEASTERN DISTRICT.
ASSETS
THOUSANDS OF
DOLLARS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin.............. $ 6,045,000
Interest-bearing balances........................................ 13,753,000
Held-to-maturity securities...................................... 0
Available-for-sale securities.................................... 28,164,000
Federal funds sold and...........................................
securities purchased under agreements to resell.................. 8,655,000
Loans and lease financing receivables:
Loans and Leases, net of unearned income.............$144,695,000
LESS: Allowance for loan and lease losses...............4,252,000
Loans and leases, net unearned income, allowance, and reserve.... 140,443,000
Trading assets................................................... 29,022,000
Premises and fixed assets (including capitalized leases)......... 3,498,000
Other real estate owned.......................................... 788,000
Investments in unconsolidated subsidiaries and associated
companies....................................................... 1,240,000
Customers' liability to this bank on acceptances outstanding..... 2,196,000
Intangible assets................................................ 145,000
Other assets..................................................... 8,018,000
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TOTAL ASSETS..................................................... $241,967,000
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LIABILITIES
Deposits:
In domestic offices.............................................. $ 35,600,000
Noninterest-bearing...................................$11,892,000
Interest-bearing.......................................23,708,000
In foreign offices, Edge and Agreement subsidiaries, and IBF's... 133,267,000
Noninterest-bearing....................................10,371,000
Interest bearing......................................122,896,000
Federal funds purchased and securities sold under agreements to
repurchase...................................................... 6,959,000
Trading liabilities.............................................. 22,107,000
Other borrowed money (includes mortgage indebtedness and
obligations under capitalized leases):
With a remaining maturity of one year or less.................... 7,949,000
With a remaining maturity of more than one year.................. 3,273,000
Bank's liability on acceptances executed and outstanding......... 2,239,000
Subordinated notes and debentures................................ 4,700,000
Other liabilities................................................ 9,267,000
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TOTAL LIABILITIES................................................ $225,361,000
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EQUITY CAPITAL
Perpetual preferred stock and related surplus.................... 0
Common stock..................................................... $ 751,000
Surplus.......................................................... 7,264,000
Undivided profits and capital reserves........................... 8,619,000
Net unrealized holding gains (losses) on available-for-sale
securities...................................................... 582,000
Cumulative foreign currency translation adjustments.. (610,000)
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TOTAL EQUITY CAPITAL............................................. $ 16,606,000
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TOTAL LIABILITIES, LIMITED-LIFE PREFERRED STOCK, AND EQUITY
CAPITAL......................................................... $241,967,000
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I, Xxxxx X. Xxxxxx, Controller of the above-named bank do hereby declare that
this Report of Condition is true and correct to the best of my knowledge and
belief.
XXXXX X. XXXXXX
CONTROLLER
We, the undersigned directors, attest to the correctness of this Report of
Condition. We declare that is has been examined by us, and to the best of our
knowledge and belief has been prepared in conformance with the instructions
and is true and correct.
XXXX X. XXXXXXX
XXXX X. XXXX
XXXXXXX X. XXXXXX
DIRECTORS
