EX-25 9 x25formt1.htm FORM T-1 OF THE BANK OF NEW YORK, TRUSTEE Form T-1 of The Bank of New York, Trustee


EXHIBIT 25
FORM T-1

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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)  |__|


THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
 

New York
(State of incorporation if not a U.S. national bank)
13-5160382
(I.R.S. employer identification no.)
 
One Wall Street, New York, N.Y.
(Address of principal executive offices)
 
10286
(Zip code)


Public Service Company of Oklahoma
(Exact name of obligor as specified in its charter)

Oklahoma
(State or other jurisdiction of
incorporation or organization)
 
73-0410895
(I.R.S. employer identification no.)
1 Riverside Plaza,
Columbus, OH
(Address of principal executive offices)
43215-2372
(Zip code)
 

_____________
 
Senior Notes
 
(Title of the indenture securities)
 




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
 
Superintendent of Banks of the State of New York
 
 
2 Rector Street
New York, N.Y. 10006
and Albany, N.Y. 12203
 
Federal Reserve Bank of New York
 
33 Liberty Plaza, New York, N.Y. 10045
 
Federal Deposit Insurance Corporation
 
Washington, D.C. 20429
 
New York Clearing House Association
 
New York, N. Y. 10005
 

(b)  
Whether it is authorized to exercise corporate trust powers.
 
    Yes.
 
2.  
Affiliations with Obligor.
 
        If the obligor is an affiliate of the trustee, describe each such affiliation.
 
None.
 
3.  
List of Exhibits.
 
        Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the "Act") and 17 C.F.R. 229.10(d).
 
1.  
A copy of the Organization Certificate of The Bank of New York (formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672 and Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637.)
 
2.  
A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 33-31019.)
 
3.  
The consent of the Trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 33-44051.)
 
4.  
A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.
 

SIGNATURE
 
Pursuant to the requirements of the Act, the Trustee, The Bank of New York, a corporation organized and existing under the laws of the State of New York, 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 5th day of April, 2006
 
                                THE BANK OF NEW YORK
 
                                By:   /s/ ROBERT A. MASSIMILLO
                                Name: ROBERT A. MASSIMILLO
                       Title: VICE PRESIDENT
 

 
EXHIBIT 4 to EXHIBIT 25

Consolidated Report of Condition of
 
THE BANK OF NEW YORK
 
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business December 31, 2005, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
 
ASSETS
 
Dollar Amounts
In Thousands
 
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
 
$
3,361,000
 
Interest-bearing balances
   
7,528,000
 
Securities:
       
Held-to-maturity securities
   
1,977,000
 
Available-for-sale securities
   
22,664,000
 
Federal funds sold and securities purchased under agreements to resell
   
 
   Federal funds sold in domestic offices    
809,000
 
    Securities purchased under agreements to resell
   
309,000
 
Loans and lease financing receivables:
       
Loans and leases held for sale
   
0
 
Loans and leases, net of unearned income
   
33,263,000
 
LESS: Allowance for loan and lease losses
   
408,000
 
Loans and leases, net of unearned income and allowance
   
32,855,000
 
Trading assets
   
5,625,000
 
Premises and fixed assets (including capitalized leases)
   
821,000
 
Other real estate owned
   
0
 
Investments in unconsolidated subsidiaries and associated companies
   
283,000
 
Customers’ liability to this bank on acceptances outstanding
   
117,000
 
Intangible assets:
       
    Goodwill
   
2,138,000
 
    Other intangible assets
   
764,000
 
Other assets
   
6,617,000
 
Total assets
 
 
$
85,868,000
 
LIABILITIES
       
Deposits:
       
In domestic offices
 
$
38,100,000
 
Noninterest-bearing
   
18,123,000
 
Interest-bearing
   
19,977,000
 
In foreign offices, Edge and Agreement subsidiaries, and IBFs
   
27,218,000
 
Noninterest-bearing
   
383,000
 
Interest-bearing
   
26,835,000
 
Federal funds purchased and securities sold under agreements to repurchase
       
    Federal funds purchased in domestic offices.
   
844,000
 
    Securities sold under agreements to repurchase
   
118,000
 
Trading liabilities
   
2,555,000
 
Other borrowed money: (includes mortgage indebtedness and obligations under capitalized leases)
   
1,327,000
 
Not applicable
       
Bank’s liability on acceptances executed and outstanding
   
119,000
 
Subordinated notes and debentures
   
1,955,000
 
Other liabilities
   
5,119,000
 
Total liabilities
 
 
$
77,355,000
 
 
Minority interest in consolidated subsidiaries
   
139,000
 
 
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
   
0
 
Common stock
   
1,135,000
 
Surplus (exclude all surplus related to preferred stock)
   
2,097,000
 
Retained earnings
   
5,256,000
 
Accumulated other comprehensive income
   
-114,000
 
Other equity capital components
   
0
 
Total equity capital
   
8,374,000
 
Total liabilities, minority interest, and equity capital
 
$
85,868,000
 
 
I, Thomas J. Mastro, Executive Vice President and Comptroller 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.
 
Thomas J. Mastro,
Executive Vice President and Comptroller
 
We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.
 
 
Thomas A. Renyi
Gerald L. Hassell
 
Directors