EXHIBIT 00
XXXXXXX XXXXXXX XXXXXX FUND, INC.
STOCK SUBSCRIPTION AGREEMENT
To the Board of Directors of Xxxxxxx Capital Growth Fund, Inc:
The undersigned hereby subscribes to Ten Thousand (10,000)
shares of Common Stock, $.01 par value per share, of Xxxxxxx Capital
Growth Fund, Inc. ("Common Stock") in consideration for which the
undersigned agrees to transfer to you upon demand cash in the amount of
One Hundred Thousand Dollars ($100,000).
It is understood that the certificate representing Ten
Thousand (10,000) shares of Common Stock shall be issued to the
undersigned forthwith upon receipt by you of payment therefore, and said
shares shall be deemed fully paid and nonassessable.
Dated and effective this ____ day of August, 1987.
_____________________________(SEAL)
Xxxxxx X. Xxxxxxx
ACCEPTANCE
The foregoing subscription is hereby accepted. Dated and
effective as of this ____ day of August, 1987.
XXXXXXX CAPITAL GROWTH FUND,
INC.
By: ______________________________
President
Attest: ___________________________
Secretary
