File No.033-61077
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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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STATEMENTS 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) [ X ]
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BOATMEN'S FIRST NATIONAL BANK OF AMARILLO
(Exact name of Trustee as specified in its charter)
75-0109600
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(IRS Employer I.D. No.)
701 S. Taylor Amarillo, TX 79101
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(Address of principal executive offices) (Zip Code)
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Gerald G. Morgan, Jr.
5700 S. W. 45th
Amarillo, Texas 79109
(806)358-8116
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(Name, Address, and telephone number of agent for service)
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CHURCH LOANS & INVESTMENTS TRUST
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(Exact name of obligor as specified in its charter)
Texas 75-6030254
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(State of other jurisdiction of (IRS Employer I.D. No.)
incorporation or organization)
5305 I-40 West Amarillo, TX 79106
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(Address of principal executive offices) (Zip Code)
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SECURED SAVINGS CERTIFICATES
(Title of indenture securities)
This application relates to all of the securities registered.
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GENERAL
Item 1. General information.
(a) Office of Controller of Currency
Southwestern District
1600 Lincoln Plaza
500 North Akard
Dallas, TX 75001
Federal Deposit Insurance Corporation
300 North Ervay Street, Suite 3300
Dallas, Texas 75201
(b) Yes
Item 2. Affiliations with obligor and underwriters.
None
Item 3. Voting securities.
As of June 30, 1995
Col. A Col. B
Title of Class Amount Outstanding
Common capital stock, par value
$1 per share . . . . . . . . . . 127,324,333 shares*
*Boatmen's First National Bank of Amarillo is a wholly-owned subsidiary
of Boatmen's Bankshares.
CONFLICTS OF INTERESTS
Item 4. Trusteeships under other indentures.
(a) None
(b) Not applicable
Item 5. Interlocking directorates and similar relationships with the
obligor or underwriters.
None
Item 6. Voting securities of the trustee owned by the obligor or its
officials.
As of June 30, 1995 - None
Item 7. Voting securities of the trustee owned by underwriters or
their officials.
As of June 30, 1995 - None
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Item 8. Securities of the obligor owned or held by the trustee.
As of June 30, 1995 - None
Item 9. Securities of underwriters owned or held by the trustee.
As of June 30, 1995 - None
Item 10. Ownership or holdings by the trustee of voting securities of
certain affiliates or security holders of the obligor.
As of June 30, 1995 - None
Item 11. Ownership or holdings by the trustee of any securities of a
person owning 50 percent or more of the voting securities of
the obligor.
As of June 30, 1995 - None
Items 12. Indebtedness of the Obligor to the Trustee
Column A Column B
Nature of Amount Outstanding Column C
Indebtedness as of 6-30-95 Date Due
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(a) $4,500,000 * See Below
$10,000,000
Line of
Credit
pursuant to
Loan
Agreement
dated 9-1-94
(b) $2,000,000 6/15/97
$5,000,000
Term Note,
payable to
Trustee, as
agent for
participating
banks
* According to the Loan Agreement dated September 1, 1994 such line of
credit is annually renewed for a 1 year period unless the Trustee
elects to go to a term payout, in which event, the indebtedness is
amortized over the weighted average remaining term of the loans
securing the indebtedness.
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Item 13. Defaults by the Obligor
(a) As of June 30, 1995 there is no default nor has
there been a default under this indenture.
(b) Not applicable
Item 14. Affiliations with the Underwriters.
None
Item 15. Foreign Trustee.
Not Applicable
Item 16. List of Exhibits.
Exhibit TIA(1)
Copy of the Articles of Association of the Trustee dated
October 25, 1990 is incorporated herein by reference - See
Amendment No. 2 to T-1, File No. 2220471.
Exhibit TIA(2)
Copy of the Certificate of Authority to commence the business
of banking dated January 21, 1890 is incorporated herein by
reference - See Amendment No. 2 to T-1, File No. 2220471.
Exhibit TIA(3)
Copy of Certificate of Board of Governor of the Federal
Reserve System to exercise trust power dated June 10, 1918 is
incorporated herein by reference - See Amendment No. 2 to T-1,
File No. 2220471.
Exhibit TIA(4)
Copy of existing Bylaws of the Trustee is incorporated herein
by reference - See Amendment No. 2 to T-1, File No. 2220471.
Exhibit TIA(5)
Not applicable
Exhibit TIA(6)
Consent of Trustee required by Section 321(b) of the Act
Exhibit TIA(7)
Report of condition of Trustee at closing of business as of
March 31, 1995 is incorporated by reference herein and will be
manually filed with the commission.
Exhibit TIA(8)
Not applicable
Exhibit TIA(9)
Not applicable
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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, the
Trustee, Boatmen's First National Bank of Amarillo, Amarillo, Texas, a federal
banking corporation organized and existing under the laws of the United States,
has duly caused this statement of eligibility and qualification to be signed on
its behalf by the undersigned, thereunto duly authorized, and its seal to be
hereunto affixed and attested, all in the City of Amarillo, Texas, on the 13th
day of July, 1995.
BOATMEN'S FIRST NATIONAL BANK OF AMARILLO
By:/s/Fred Hancock
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Fred Hancock,
Its Vice President and Senior
Trust Officer
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EXHIBIT TIA(6)
Boatmen's First National Bank of Amarillo, Amarillo, Texas, a federal
banking corporation organized and existing under the laws of the United States,
with its principal office at 701 South Taylor, Amarillo, Texas, hereby consents
that reports of examinations of its condition by federal, territorial or
district authorities may be furnished by such authorities to the Securities and
Exchange Commission, upon its request therefore, as required by Section 321(b)
of the Trust Indenture Act of 1939.
BOATMEN'S FIRST NATIONAL BANK OF AMARILLO
By:/s/Fred Hancock
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Fred Hancock,
Its Vice President and Senior
Trust Officer
