EX-25.1 5 dex251.htm STATEMENT OF ELIGIBILITY Statement of Eligibility

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

 

CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF

A TRUSTEE PURSUANT TO SECTION 305(b)(2)

 


 

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 


 

 

    13-4994650

(State of incorporation

if not a national bank)

 

(I.R.S. employer

identification No.)

1111 Polaris Parkway

Columbus, Ohio

  43271
(Address of principal executive offices)   (Zip Code)

 

Pauline E. Higgins

Vice President and Assistant General Counsel

JPMorgan Chase Bank, National Association

707 Travis Street, 4th Floor North

Houston, Texas 77002

Tel: (713) 216-1436

(Name, address and telephone number of agent for service)

 


 

DOMINION RESOURCES INC.

(Exact name of obligor as specified in its charter)

 


 

Virginia   54-1229715

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification No.)

120 Tredegar Street

Richmond, Virginia

  23219
(Address of principal executive offices)   (Zip Code)

 

Senior Debt Securities

(Title of the indenture securities)

 



GENERAL

 

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.

 

Board of Governors of the Federal Reserve System, Washington, D.C., 20551

 

Federal Deposit Insurance Corporation, Washington, D.C., 20429.

 

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

 

Yes.

 

Item 2. Affiliations with the Obligor and Guarantors.

 

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

 

None.

 

-2-


Item 16. List of Exhibits

 

List below all exhibits filed as a part of this Statement of Eligibility.

 

1. A copy of the Articles of Association of JPMorgan Chase Bank, N.A. (see Exhibit 1 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

2. A copy of the Certificate of Authority of the Comptroller of the Currency for the trustee to commence business. (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

3. None, the authority of the trustee to exercise corporate trust powers being contained in the documents described in Exhibits 1 and 2.

 

4. A copy of the existing By-Laws of the Trustee. (see Exhibit 4 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

5. Not applicable.

 

6. The consent of the Trustee required by Section 321(b) of the Act. (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 333-106575 which is incorporated by reference).

 

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.

 

8. Not applicable.

 

9. Not applicable.

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, JPMorgan Chase Bank, N.A., 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 9th day of February, 2006.

 

JPMORGAN CHASE BANK, N.A.
By  

/s/ Carol Ng


    Carol Ng
    Vice President

 

-3-


Exhibit 7 to Form T-1

 

Bank Call Notice

 

RESERVE DISTRICT NO. 2

CONSOLIDATED REPORT OF CONDITION OF

 

JPMorgan Chase Bank, N.A.

of 1111 Polaris Parkway, Columbus, Ohio 43240

and Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System,

 

at the close of business September 30, 2005, in

accordance with a call made by the Federal Reserve Bank of this

District pursuant to the provisions of the Federal Reserve Act.

 

          Dollar Amounts
in Millions


ASSETS              

Cash and balances due from depository institutions:

             

Noninterest-bearing balances and currency and coin

          $ 28,433

Interest-bearing balances

            17,638

Securities:

             

Held to maturity securities

            84

Available for sale securities

            55,133

Federal funds sold and securities purchased under agreements to resell

             

Federal funds sold in domestic offices

            24,468

Securities purchased under agreements to resell

            167,210

Loans and lease financing receivables:

             

Loans and leases held for sale

            30,960

Loans and leases, net of unearned income

   $ 360,848       

Less: Allowance for loan and lease losses

     4,895       

Loans and leases, net of unearned income and allowance

            355,953

Trading Assets

            229,642

Premises and fixed assets (including capitalized leases)

            8,279

Other real estate owned

            141

Investments in unconsolidated subsidiaries and associated companies

            794

Customers’ liability to this bank on acceptances outstanding

            738

Intangible assets

             

Goodwill

            23,365

Other Intangible assets

            10,275

Other assets

            55,313

TOTAL ASSETS

          $ 1,008,426
           

 

 


LIABILITIES                

Deposits

               

In domestic offices

          $ 389,235  

Noninterest-bearing

   $ 138,883         

Interest-bearing

     250,352         

In foreign offices, Edge and Agreement subsidiaries and IBF’s

            140,161  

Noninterest-bearing

   $ 6,800         

Interest-bearing

     133,361         

Federal funds purchased and securities sold under agreements to repurchase:

               

Federal funds purchased in domestic offices

            8,435  

Securities sold under agreements to repurchase

            109,608  

Trading liabilities

            131,588  

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

            82,712  

Bank’s liability on acceptances executed and outstanding

            738  

Subordinated notes and debentures

            17,662  

Other liabilities

            40,948  

TOTAL LIABILITIES

            921,087  

Minority Interest in consolidated subsidiaries

            2,249  
EQUITY CAPITAL                

Perpetual preferred stock and related surplus

            0  

Common stock

            1,785  

Surplus (exclude all surplus related to preferred stock)

            59,467  

Retained earnings

            24,523  

Accumulated other comprehensive income

            (685 )

Other equity capital components

            0  

TOTAL EQUITY CAPITAL

            85,090  
           


TOTAL LIABILITIES, MINORITY INTEREST, AND EQUITY CAPITAL

          $ 1,008,426  
           


 

I, Joseph L. Sclafani, E.V.P. & Controller 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.

 

JOSEPH L. SCLAFANI

 

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.

 

        WILLIAM B. HARRISON, JR.)        
        JAMES DIMON                         ) DIRECTORS
        MICHAEL J. CAVANAGH      )