EXHIBIT 13
SUBSCRIPTION AGREEMENT
Brandywine Fund, Inc.
Suite C-205 Greenville Center
Greenville, Delaware 19807
Gentlemen:
The undersigned hereby subscribes to 10,000 shares of the Common
Stock, $.01 par value of Brandywine Fund, Inc., and agrees to pay to said
corporation the sum of $100,000 in cash.
It is understood that upon acceptance hereof by said corporation
a certificate or certificates representing the shares subscribed for shall
be issued to the undersigned and that said shares shall be deemed to be
fully paid and non-assessable.
The undersigned agrees that the shares are being purchased for
investment with no present intention of reselling or redeeming said
shares.
Dated and effective as of this ____ day of December, 1985.
XXXXXX ASSOCIATES, INC.
By: _________________________________
Xxxxxx X. Xxxxxx, President
Attest: ___________________________
Xxxxxxxx Xxxxxx
Secretary
The foregoing subscription is hereby accepted. Dated and
effective as of this ____ day of December, 1985.
BRANDYWINE FUND, INC.
By: _________________________________
Xxxxxx X. Xxxxxx, President
[CORPORATE SEAL]
Attest: ___________________________
Xxxxxxx X. Xxxxxx,
Secretary
