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EXHIBIT 25.01
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM T-1
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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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▇▇▇▇▇▇ TRUST AND SAVINGS BANK
(Name of Trustee)
ILLINOIS ▇▇-▇▇▇▇▇▇▇
(State of Incorporation) (I.R.S. Employer Identification No.)
▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
(Address of principal executive offices)
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ TRUST AND SAVINGS BANK,
▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇
(▇▇▇) ▇▇▇-▇▇▇▇ PHONE (▇▇▇) ▇▇▇-▇▇▇▇ FACSIMILE
(Name, address and telephone number for agent for service)
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NORTHERN ILLINOIS GAS COMPANY
(Obligor)
ILLINOIS ▇▇-▇▇▇▇▇▇▇
(State of Incorporation) (I.R.S. Employer Identification No.)
▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
FIRST MORTGAGE BONDS
(TITLE OF 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.
Commissioner of Banks and Trust Companies, State of Illinois,
Springfield, Illinois; Chicago Clearing House Association, ▇▇▇
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇; Federal Deposit
Insurance Corporation, Washington, D.C.; The Board of Governors of
the Federal Reserve System, Washington, D.C.
(b) Whether it is authorized to exercise corporate trust powers.
▇▇▇▇▇▇ Trust and Savings Bank is authorized to exercise corporate
trust powers.
2. AFFILIATIONS WITH OBLIGOR. If the Obligor is an affiliate of the Trustee,
describe each such affiliation.
The Obligor is not an affiliate of the Trustee.
3. through 15.
NO RESPONSE NECESSARY
16. LIST OF EXHIBITS.
1. A copy of the articles of association of the Trustee as now in effect
which includes the authority of the trustee to commence business and to
exercise corporate trust powers.
A copy of the Certificate of Merger dated April 1, 1972 between ▇▇▇▇▇▇
Trust and Savings Bank, HTS Bank and ▇▇▇▇▇▇ Bankcorp, Inc. which
constitutes the articles of association of the Trustee as now in effect
and includes the authority of the Trustee to commence business and to
exercise corporate trust powers was filed in connection with the
Registration Statement of Louisville Gas and Electric Company, File No.
2-44295, and is incorporated herein by reference.
2. A copy of the existing by-laws of the Trustee.
A copy of the existing by-laws of the Trustee was filed in connection
with the Registration Statement of Commercial Federal Corporation, File
No. 333-20711, and is incorporated herein by reference.
3. The consents of the Trustee required by Section 321(b) of the Act.
(included as Exhibit A on page 2 of this statement)
4. A copy of the latest report of condition of the Trustee published
pursuant to law or the requirements of its supervising or examining
authority.
(included as Exhibit B on page 3 of this statement)
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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, the
Trustee, ▇▇▇▇▇▇ TRUST AND SAVINGS BANK, a corporation organized and existing
under the laws of the State of Illinois, has duly caused this statement of
eligibility to be signed on its behalf by the undersigned, thereunto duly
authorized, all in the City of Chicago, and State of Illinois, on the 7th day of
December, 1998.
▇▇▇▇▇▇ TRUST AND SAVINGS BANK
By: /s/ ▇. ▇. ▇▇▇▇▇▇▇
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Assistant Vice President
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EXHIBIT A
The consents of the trustee required by Section 321(b) of the Act.
▇▇▇▇▇▇ Trust and Savings Bank, as the Trustee herein named, hereby consents
that reports of examinations of said trustee by Federal and State authorities
may be furnished by such authorities to the Securities and Exchange Commission
upon request therefor.
▇▇▇▇▇▇ TRUST AND SAVINGS BANK
By: /s/ ▇. ▇. ▇▇▇▇▇▇▇
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Assistant Vice President
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EXHIBIT B
Attached is a true and correct copy of the statement of condition of ▇▇▇▇▇▇
Trust and Savings Bank as of September 30, 1998, as published in accordance with
a call made by the State Banking Authority and by the Federal Reserve Bank of
the Seventh Reserve District.
▇▇▇▇▇▇ BANK LOGO
▇▇▇▇▇▇ TRUST AND SAVINGS BANK
▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
of Chicago, Illinois, And Foreign and Domestic Subsidiaries, at the close of
business on September 30, 1998, a state banking institution organized and
operating under the banking laws of this State and a member of the Federal
Reserve System. Published in accordance with a call made by the Commissioner of
Banks and Trust Companies of the State of Illinois and by the Federal Reserve
Bank of this District.
Bank's Transit Number ▇▇▇▇▇▇▇▇
THOUSANDS OF DOLLARS
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ASSETS
Cash and balances due from depository institutions:
Non-interest bearing balances and currency and coin....... $ 1,097,714
Interest bearing balances................................. $ 213,712
Securities:
a. Held-to-maturity securities.............................. $ 0
b. Available-for-sale securities............................ $ 5,036,734
Federal funds sold and securities purchased under agreements
to resell................................................. $ 48,950
Loans and lease financing receivables:
Loans and leases, net of unearned income.................. $9,111,098
LESS: Allowance for loan and lease losses................. $ 104,900
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Loans and leases, net of unearned income, allowance, and
reserve (item 4.a minus 4.b)........................... $ 9,006,198
Assets held in trading accounts............................. $ 202,008
Premises and fixed assets (including capitalized leases).... $ 245,290
Other real estate owned..................................... $ 365
Investments in unconsolidated subsidiaries and associated
companies................................................. $ 41
Customer's liability to this bank on acceptances
outstanding............................................... $ 34,997
Intangible assets........................................... $ 260,477
Other assets................................................ $ 1,148,163
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Total assets...................................... $17,294,649
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LIABILITIES
Deposits:
In domestic offices....................................... $ 9,467,895
Non-interest bearing................................... $2,787,471
Interest bearing....................................... $6,680,424
In foreign offices, Edge and Agreement subsidiaries, and
IBF's.................................................. $ 1,268,759
Non-interest bearing................................... $ 23,329
Interest bearing....................................... $1,245,430
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THOUSANDS OF DOLLARS
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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 IBF's:
Federal funds purchased & securities sold under agreements
to repurchase............................................. $ 3,118,548
Trading Liabilities......................................... 110,858
Other borrowed money:
a. With remaining maturity of one year or less.............. $ 1,202,050
b. With remaining maturity of more than one year............ $ 0
Bank's liability on acceptances executed and outstanding.... $ 34,997
Subordinated notes and debentures........................... $ 225,000
Other liabilities........................................... $ 530,224
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Total liabilities................................. $15,958,331
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EQUITY CAPITAL
Common stock................................................ $ 100,000
Surplus..................................................... $ 604,834
a. Undivided profits and capital reserves................... $ 580,271
b. Net unrealized holding gains (losses) on
available-for-sale securities............................. $ 51,213
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Total equity capital.............................. $ 1,336,318
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Total liabilities, limited-life preferred stock, and equity
capital................................................... $17,294,649
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I, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, Vice President 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.
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
10/29/98
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 the
Commissioner of Banks and Trust Companies of the State of Illinois and is true
and correct.
▇▇▇▇▇▇ ▇. ▇▇▇▇▇,
▇▇▇▇ ▇. ▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇ ▇▇▇▇ Directors.
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