EXHIBIT 25.1
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
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 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
---------------------------
SALEM COMMUNICATIONS HOLDING CORPORATION
(Exact name of obligor as specified in its charter)
Delaware 52-2253737
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Co-Registrants
Salem Communications Corporation Delaware 77-0121400
ATEP Radio, Inc. California 77-0132973
Bison Media, Inc. Colorado 77-0434654
Caron Broadcasting, Inc. Ohio 77-0439370
CCM Communications, Inc. Tennessee 95-3394730
Common Ground Broadcasting, Inc. Oregon 93-1079989
Golden Gate Broadcasting Company, Inc. California 94-3082936
Inspiration Media of Pennsylvania, L.P. Pennsylvania 52-2295353
Inspiration Media of Texas, LLC Texas 75-2615876
Inspiration Media, Inc. Washington 77-0132974
Kingdom Direct, Inc. California 77-0498022
New England Continental Media, Inc. Massachusetts 04-2625658
New Inspiration Broadcasting Company, Inc. California 95-3356921
OnePlace, LLC Delaware 52-2141739
Pennsylvania Media Associates, Inc. Pennsylvania 94-3134636
Radio 1210, Inc. California 77-0052616
Reach Satellite Network, Inc. Tennessee 62-1499223
Salem Communications Acquisition Corporation Delaware 52-2251145
Salem Media Corporation New York 95-3482072
Salem Media of Colorado, Inc. Colorado 84-1239646
Salem Media of Georgia, Inc. Delaware 52-2194729
Salem Media of Hawaii, Inc. Delaware 91-1973005
Salem Media of Illinois, LLC Delaware 52-2295222
Salem Media of Kentucky, Inc. Kentucky 61-1346985
Salem Media of New York, LLC Delaware 52-2293254
Salem Media of Ohio, Inc. Ohio 95-3690954
Salem Media of Oregon, Inc. Oregon 77-0114986
Salem Media of Pennsylvania, Inc. Pennsylvania 77-0237182
Salem Media of Texas, Inc. Texas 77-0379125
Salem Media of Virginia, Inc. Virginia 54-1927897
Salem Music Network, Inc. Texas 77-0434655
Salem Radio Network Incorporated Delaware 77-0305542
Salem Radio Operations-Pennsylvania, Inc. Delaware 52-2295223
-2-
Salem Radio Operations, LLC Delaware 77-0581097
Salem Radio Properties, Inc. Delaware 52-2194731
Salem Radio Representatives, Inc. Texas 77-0281576
SCA License Corporation Delaware 52-2255733
South Texas Broadcasting, Inc. Texas 77-0388924
SRN News Network, Inc. Texas 77-0426090
Vista Broadcasting, Inc. California 77-0389639
4880 Santa Rosa Road
Suite 300
Camarillo, California 93012
(Address of principal executive offices) (Zip code)
---------------------------
7 3/4% Senior Subordinated Notes due 2010
(Title of the indenture securities)
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
-3-
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 2 Rector Street, New York,
State of 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 Washington, D.C. 20429
Corporation
New York Clearing House New York, New York 10005
Association
(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 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.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form
T-1 filed with Registration Statement No. 33-31019.)
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.
33-44051.)
-4-
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.
-5-
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 17th day of December, 2002.
THE BANK OF NEW YORK
By: /S/ ROBERT A. MASSIMILLO
-------------------------------
Name: ROBERT A. MASSIMILLO
Title: VICE PRESIDENT
-6-