EX-25.1 7 l35515exv25w1.htm EX-25.1 EX-25.1
 
Exhibit 25.1
 
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
 
 
 
 
o  CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)
 
WELLS FARGO BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
 
     
A National Banking Association   94-1347393
(Jurisdiction of incorporation or
organization if not a U.S. national bank) 		  (I.R.S. Employer
Identification No.)
     
101 North Phillips Avenue    
Sioux Falls, South Dakota   57104
(Address of principal executive offices)   (Zip code)
 
Wells Fargo & Company
Law Department, Trust Section
MAC N9305-175
Sixth Street and Marquette Avenue, 17th Floor
Minneapolis, Minnesota 55479
(612) 667-4608
(Name, address and telephone number of agent for service)
 
 
 
 
The Goodyear Tire & Rubber Company1
(Exact name of obligor as specified in its charter)
 
     
Ohio   34-0253240
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. Employer
Identification No.)
     
1144 East Market Street    
Akron, Ohio   44316-0001
(Address of principal executive offices)   (Zip code)
 
 
 
 
Senior Notes
and related Guarantees
(Title of the indenture securities)
 
 
 
 1 See Table 1–List of additional obligors

 

 
Table 1
Subsidiary Guarantors
 
             
    State or
 		       
    Other Jurisdiction of
 		  I.R.S. Employer
 		   
Exact Name of Obligor as
 		  Incorporation or
 		  Identification
 		  Address of Principal
Specified in its Charter   Organization   Number   Executive Offices
 
Celeron Corporation
  Delaware   51-0269149   1144 East Market Street
Akron, Ohio 44316
             
Dapper Tire Co., Inc. 
  California   95-2012142   4025 Lockridge Street
San Diego, California
92102
             
Divested Companies
Holding Company 		  Delaware   51-0304855   2711 Centerville Road
Suite 400
Wilmington, Delaware
19808
             
Divested Litchfield Park
Properties, Inc. 		  Arizona   51-0304856   2338 W. Royal Palm Road
Suite J
Phoenix, Arizona 85021
             
Goodyear Canada Inc.    Ontario   Not applicable   450 Kipling Avenue
Toronto, Ontario
M8Z 5E1 Canada
             
Goodyear Export Inc.    Delaware   26-2890770   1144 East Market Street
Akron, Ohio 44316
             
Goodyear Farms, Inc.    Arizona   86-0056985   2338 W. Royal Palm Road
Suite J
Phoenix, Arizona 85021
             
Goodyear International
Corporation 		  Delaware   34-0253255   2711 Centerville Road
Suite 400
Wilmington, Delaware
19808
             
Goodyear Western
Hemisphere Corporation 		  Delaware   34-0736571   2711 Centerville Road
Suite 400
Wilmington, Delaware
19808
             
Wheel Assemblies Inc.    Delaware   34-1879550   2711 Centerville Road
Suite 400
Wilmington, Delaware
19808

 

             
    State or
 		       
    Other Jurisdiction of
 		  I.R.S. Employer
 		   
Exact Name of Obligor as
 		  Incorporation or
 		  Identification
 		  Address of Principal
Specified in its Charter   Organization   Number   Executive Offices
 
Wingfoot Commercial Tire
Systems, LLC 		  Ohio   31-1735402   1144 East Market Street
Akron, Ohio 44316
             
Wingfoot Ventures Eight
Inc. 		  Delaware   51-0319223   2711 Centerville Road
Suite 400
Wilmington, Delaware 19808

 

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
Treasury Department
Washington, D.C.
 
Federal Deposit Insurance Corporation
Washington, D.C.
 
Federal Reserve Bank of San Francisco
San Francisco, California 94120
 
(b) Whether it is authorized to exercise corporate trust powers.
 
The trustee is authorized to exercise corporate trust powers.
 
Item 2.  Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.
 
None with respect to the trustee.
 
No responses are included for Items 3-14 of this Form T-l because the obligor is not in default as provided under Item 13.
 
Item 15.  Foreign Trustee. Not applicable.
 
Item 16.  List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.
 
     
Exhibit 1.
  A copy of the Articles of Association of the trustee now in effect.*
Exhibit 2.
  A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**
Exhibit 3.
  See Exhibit 2
Exhibit 4.
  Copy of By-laws of the trustee as now in effect.***
Exhibit 5.
  Not applicable.
Exhibit 6.
  The consent of the trustee required by Section 321(b) of the Act.
Exhibit 7.
  A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
Exhibit 8.
  Not applicable.
Exhibit 9.
  Not applicable.
 
* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-l filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784-06.
 
** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-l filed as exhibit 25 to the Form T-3 dated March 3, 2004 of file number 022-28721.
 
*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-l filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.

 

Signature
 
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo 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 to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Chicago and State of Illinois on the 4th day of May 2009.
 
WELLS FARGO BANK, NATIONAL ASSOCIATION
 
  By: 
/s/  GREGORY S. CLARKE
Gregory S. Clarke
Vice President

 

EXHIBIT 6
 
May 4, 2009
 
Securities and Exchange Commission
Washington, D.C. 20549
 
Gentlemen:
 
In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
 
Very truly yours,
 
WELLS FARGO BANK, NATIONAL ASSOCIATION
 
   
/s/  Gregory S. Clarke
Gregory S. Clarke
Vice President

 

EXHIBIT 7
 
Consolidated Report of Condition of Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business December 31, 2008, filed in accordance with 12 U.S.C. §161 for National Banks.
 
         
 
    Dollar Amounts
 		 
    In Millions  
 
 
ASSETS
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
  $ 11,932  
Interest-bearing balances
    15,623  
Securities:
       
Held-to-maturity securities
    0  
Available-for-sale securities
    73,363  
Federal funds sold and securities purchased under agreements to resell:
       
Federal funds sold in domestic offices
    19,749  
Securities purchased under agreements to resell
    1,513  
Loans and lease financing receivables:
       
Loans and leases held for sale
    13,140  
Loans and leases, net of unearned income
    335,209  
LESS: Allowance for loan and lease losses
    8,273  
Loans and leases, net of unearned income and allowance
    326,936  
Trading Assets
    11,366  
Premises and fixed assets (including capitalized leases)
    4,347  
Other real estate owned
    1,031  
Investments in unconsolidated subsidiaries and associated companies
    427  
Intangible assets
       
Goodwill
    11,371  
Other intangible assets
    15,449  
Other assets
    32,711  
         
Total assets
  $ 538,958  
         
 
LIABILITIES
Deposits:
       
In domestic offices
  $ 308,404  
Noninterest-bearing
    75,417  
Interest-bearing
    232,987  
In foreign offices, Edge and Agreement subsidiaries, and IBFs
    38,446  
Noninterest-bearing
    991  
Interest-bearing
    37,455  
Federal funds purchased and securities sold under agreements to repurchase:
       
Federal funds purchased in domestic offices
    45,153  
Securities sold under agreements to repurchase
    28,427  
Trading liabilities
    7,240  
Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)
    43,555  
Subordinated notes and debentures
    12,971  
Other liabilities
    12,957  
         
Total liabilities
  $ 497,153  
Minority interest in consolidated subsidiaries
    154  
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    520  
Surplus (exclude all surplus related to preferred stock)
    28,659  
Retained earnings
    16,644  
Accumulated other comprehensive income
    (4,172 )
Other equity capital components
    0  
         
Total equity capital
    41,651  
         
Total liabilities, minority interest, and equity capital
  $ 538,958  
 
 

 

I, Howard I. Atkins, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.
 
Howard I. Atkins
EVP & CFO
 
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 appropriate Federal regulatory authority and is true and correct.
 
Dave Hoyt
John Stumpf Directors                                            
Carrie Tolstedt