EX-25.2 6 exhibit252.htm FORM T-1 OF TRUSTEE UNDER THE FIRST MORGAGE AND DEED OF TRUST exhibit252

_____________________________________________________________________________

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 NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)

31-0841368
I.R.S. Employer Identification No.

800 Nicollet Mall
Minneapolis, Minnesota

55402
(Address of principal executive offices)
(Zip Code)
                        
Peter M. Brennan
U.S. Bank National Association
1555 N. RiverCenter Drive Suite 203
Milwaukee, WI 53212
(414) 905-5003
(Name, address and telephone number of agent for service)
                                                       
Wisconsin Public Service Corporation
(Issuer with respect to the Securities)
Wisconsin
39-0715160
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
 
 

700 N. Adams Street
Green Bay, WI
 
54307-9001
(Address of Principal Executive Offices)
(Zip Code)
    
First Mortgage Bonds under First Mortgage and Deed of Trust, dated as of January 1, 1941
(Title of the Indenture Securities)








FORM T-1

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.

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

Items 3-15
Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.
    
Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

1.    A copy of the Articles of Association of the Trustee.*

2.    A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.

3.    A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

4.    A copy of the existing bylaws of the Trustee.**
 
5.    A copy of each Indenture referred to in Item 4. Not applicable.

6.    The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

7.    Report of Condition of the Trustee as of June 30, 2014 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
        

    
* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.
** Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-166527 filed on May 5, 2010.


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SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Milwaukee, State of Wisconsin on the 3rd of November, 2014.

                
By:
/s/ Peter M. Brennan
 
Peter M. Brennan
 
Vice President













3


Exhibit 2






4



Exhibit 3

5










Exhibit 6

CONSENT

    
In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.


Dated: November 3, 2014

                
By:
/s/ Peter M. Brennan
 
Peter M. Brennan
 
Vice President




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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2014

($000’s)
Assets
6/30/2014
Cash and Balances Due From
$
12,591,901

           Depository Institutions
 
Securities
89,882,232

Federal Funds
109,925

Loans & Lease Financing Receivables
241,450,255

Fixed Assets
4,561,715

Intangible Assets
13,335,806

Other Assets
22,261,774

Total Assets
$
384,193,608

 
 
Liabilities
 
Deposits
$
286,193,358

Fed Funds
1,264,138

Treasury Demand Notes
0

Trading Liabilities
382,290

Other Borrowed Money
37,760,161

Acceptances
0

Subordinated Notes and Debentures
5,023,000

Other Liabilities
12,274,098

Total Liabilities
$
342,897,045

 
 
Equity
 
Common and Preferred Stock
18,200

Surplus
14,266,407

Undivided Profits
26,159,120

Minority Interest in Subsidiaries
$
852,836

           Total Equity Capital
$
41,296,563

 
 
Total Liabilities and Equity Capital
$
384,193,608




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