EX-25.(A) 10 d51981exv25wxay.htm STATEMENT OF ELIGIBILITY OF TRUSTEE ON FORM T-1 exv25wxay
 

Exhibit 25(a)
 
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)  o
 
 
 
 
THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
 
 
     
    95-3571558
(State of incorporation
if not a U.S. national bank) 		  (I.R.S. employer
identification no.)
     
700 South Flower Street
Suite 500
Los Angeles, California
(Address of principal executive offices) 		  90017
(Zip code)
 
Lamar Media Corp.
(Exact name of obligor as specified in its charter)
 
 
     
Delaware
  72-1205791
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)
  identification no.)
     
     
5551 Corporate Boulevard
Baton Rouge, Louisiana
(Address of principal executive offices)
  70808
(Zip code)
 
 
 
 
 
 

 

 
Table of Additional Obligors(1)
 
         
    State or Other
 		   
    Jurisdiction of
 		  IRS Employer
Exact Name of Obligor
 		  Incorporation or
 		  Identification
as Specified in its Charter
  Organization   Number
 
American Signs, Inc.
  Washington   91-1642046
Colorado Logos, Inc.
  Colorado   84-1480715
Delaware Logos, L.L.C.
  Delaware   51-0392715
Florida Logos, Inc.
  Florida   65-0671887
Georgia Logos, L.L.C.
  Georgia   72-1469485
Interstate Logos, L.L.C.
  Louisiana   72-1490893
Kansas Logos, Inc.
  Kansas   48-1187701
Kentucky Logos, LLC
  Kentucky   62-1839054
Lamar Advantage GP Company, LLC
  Delaware   72-1490891
Lamar Advantage Holding Company
  Delaware   76-0619569
Lamar Advantage LP Company, LLC
  Delaware   76-0637519
Lamar Advantage Outdoor Company, L.P.
  Delaware   74-2841299
Lamar Advertising of Colorado Springs, Inc.
  Colorado   72-0931093
Lamar Advertising of Kentucky, Inc.
  Kentucky   61-1306385
Lamar Advertising of Louisiana, L.L.C.
  Louisiana   72-1462297
Lamar Advertising of Michigan, Inc.
  Michigan   38-3376495
Lamar Advertising of Oklahoma, Inc.
  Oklahoma   73-1178474
Lamar Advertising of Penn, LLC
  Delaware   72-1462301
Lamar Advertising of South Dakota, Inc.
  South Dakota   46-0446615
Lamar Advertising of Youngstown, Inc.
  Delaware   23-2669670
Lamar Advertising Southwest, Inc.
  Nevada   85-0113644
Lamar Air, L.L.C.
  Louisiana   72-1277136
Lamar Benches, Inc.
  Oklahoma   73-1524386
Lamar Central Outdoor, LLC
  Delaware   20-2471691
Lamar DOA Tennessee Holdings, Inc.
  Delaware   41-1991164
Lamar DOA Tennessee, Inc.
  Delaware   41-1882464
Lamar Electrical, Inc.
  Louisiana   72-1392115
Lamar Florida, Inc.
  Florida   72-1467178
Lamar I-40 West, Inc.
  Oklahoma   73-1498886
Lamar Obie Corporation
  Delaware   33-1109314
Lamar OCI North Corporation
  Delaware   38-2885263
Lamar OCI South Corporation
  Mississippi   64-0520092
Lamar Ohio Outdoor Holding Corp.
  Ohio   34-1597561
Lamar Oklahoma Holding Company, Inc.
  Oklahoma   73-1474290
Lamar Pensacola Transit, Inc.
  Florida   59-3391978
Lamar T.T.R., L.L.C.
  Arizona   86-0928767
Lamar Tennessee, L.L.C.
  Tennessee   72-1309007
Lamar Texas General Partner, Inc.
  Louisiana   72-1309003
Lamar Texas Limited Partnership
  Texas   72-1309005
LC Billboard L.L.C.
  Delaware   63-1692342
Maine Logos, L.L.C.
  Maine   72-1492985
Michigan Logos, Inc.
  Michigan   38-3071362


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    State or Other
 		   
    Jurisdiction of
 		  IRS Employer
Exact Name of Obligor
 		  Incorporation or
 		  Identification
as Specified in its Charter
  Organization   Number
 
Minnesota Logos, Inc.
  Minnesota   41-1800355
Mississippi Logos, L.L.C.
  Mississippi   72-1469487
Missouri Logos, LLC
  Missouri   72-1485587
Nebraska Logos, Inc.
  Nebraska   72-1137877
Nevada Logos, Inc.
  Nevada   88-0373108
New Jersey Logos, L.L.C.
  New Jersey   72-1469048
New Mexico Logos, Inc.
  New Mexico   85-0446801
O.B. Walls, Inc.
  Oregon   93-1013167
Obie Billboard, LLC
  Oregon   N/A
Ohio Logos, Inc.
  Ohio   72-1148212
Oklahoma Logos, L.L.C.
  Oklahoma   72-1469103
Outdoor Marketing Systems, Inc.
  Pennsylvania   23-2659279
Outdoor Marketing Systems, L.L.C.
  Pennsylvania   N/A
Outdoor Promotions West, LLC
  Delaware   22-3598746
Premere Outdoor, Inc.
  Illinois   36-4459650
South Carolina Logos, Inc.
  South Carolina   58-2152628
Tennessee Logos, Inc.
  Tennessee   62-1649765
Texas Logos, L.P.
  Texas   72-1490894
The Lamar Company, L.L.C.
  Louisiana   72-1462298
TLC Farms, L.L.C.
  Louisiana   20-0634874
TLC Properties II, Inc.
  Texas   72-1336624
TLC Properties, Inc.
  Louisiana   72-0640751
TLC Properties, L.L.C.
  Louisiana   72-1417495
Triumph Outdoor Holdings, LLC
  Delaware   13-3990438
Triumph Outdoor Rhode Island, LLC
  Delaware   05-0500914
Utah Logos, Inc.
  Utah   72-1148211
Virginia Logos, LLC
  Virginia   62-1839208
Washington Logos, L.L.C.
  Washington   73-1648809
 
 
(1) The notes will be unconditionally guaranteed by the additional obligors above listed, each of which is a direct or indirect, wholly owned subsidiary of Lamar Media Corp. The address and telephone number for each of the additional registrants is 5551 Corporate Boulevard, Baton Rouge, Louisiana 70808 and (225) 926-1000. The primary standard industrial classification code number for each of the additional registrants is 7311.
 
65/8% Senior Subordinated Notes due 2015 Series C
 
(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.
 
     
Name
 
Address
 
Comptroller of the Currency United States Department of the Treasury
  Washington, D.C. 20219
     
Federal Reserve Bank
  San Francisco, California 94105
     
Federal Deposit Insurance Corporation
  Washington, D.C. 20429
 
(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.
 
16. 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 articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).
 
2. A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
3. A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).
 
4. A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).
 
6. The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-121948).
 
7. 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.


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SIGNATURE
 
Pursuant to the requirements of the Act, the trustee, The Bank of New York Trust Company, N.A., a 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 Jacksonville, and State of Florida, on the 4th day of December, 2007.
 
THE BANK OF NEW YORK TRUST
COMPANY, N.A.
 
    By: /s/ Christie Leppert
Name: Christie Leppert
Title: Assistant Vice President


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EXHIBIT 7
 
Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
 
At the close of business September 30, 2007, published in accordance with Federal regulatory authority instructions.
 
         
        
    Dollar amounts
 		 
    in thousands  
 
ASSETS
       
         
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
    11,268  
Interest-bearing balances
    0  
Securities:
       
Held-to-maturity securities
    40  
Available-for-sale securities
    115,996  
Federal funds sold and securities purchased under agreements to resell:
       
Federal funds sold
    49,900  
Securities purchased under agreements to resell
    108,174  
Loans and lease financing receivables:
       
Loans and leases held for sale
    0  
Loans and leases, net of unearned income
    0  
LESS: Allowance for loan and lease losses
    0  
Loans and leases, net of unearned income and allowance
    0  
Trading assets
    0  
Premises and fixed assets (including capitalized leases)
    12,972  
Other real estate owned
    0  
Investments in unconsolidated subsidiaries and associated companies
    0  
Not applicable
       
Intangible assets:
       
Goodwill
    871,685  
Other Intangible Assets
    308,586  
Other assets
    148,668  
         
Total assets
  $ 1,627,289  
         
 


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LIABILITIES
       
         
Deposits:
       
In domestic offices
    2,567  
Noninterest-bearing
    2,567  
Interest-bearing
    0  
Not applicable
       
Federal funds purchased and securities sold under agreements to repurchase:
       
Federal funds purchased
    0  
Securities sold under agreements to repurchase
    0  
Trading liabilities
    0  
Other borrowed money:
       
(includes mortgage indebtedness and obligations under capitalized leases)
    168,691  
Not applicable
       
Not applicable
       
Subordinated notes and debentures
    0  
Other liabilities
    148,215  
Total liabilities
    319,473  
Minority interest in consolidated subsidiaries
    0  
         
EQUITY CAPITAL
       
         
Perpetual preferred stock and related surplus
    0  
Common stock
    1,000  
Surplus (exclude all surplus related to preferred stock)
    1,121,520  
Retained earnings
    184,893  
Accumulated other comprehensive income
    403  
Other equity capital components
    0  
         
Total equity capital
    1,307,816  
         
Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28)
    1,627,289  
         
 
I, Karen Bayz, Vice President of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.
 
         
Karen Bayz
  )   Vice President
 
We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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.
 
         
Michael K. Klugman, President
  )    
Frank P. Sulzberger, MD
  )   Directors (Trustees)
William D. Lindelof, VP
  )    

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