EXHIBIT 13.1
SUBSCRIPTION AGREEMENT
HX Funds, Inc.
San Francisco, California
Gentlemen:
The undersigned hereby subscribes to 10,000 shares of the Common Stock,
$.0001 par value per share, of HX Funds, consisting of 3,333 shares of the
Micro Cap Fund, 3,334 shares of the Emerging Growth Fund and 3,333 shares
of the Mid-Cap Fund, in consideration for which the undersigned agrees to
transfer to you upon demand cash in the amount of $100,000 ($10 per share
of each Fund). It is understood that upon receipt by you of payment
therefor, said shares shall be issued and shall be deemed to be fully paid
and nonassessable.
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 27th day of November, 1995.
HX CAPITAL MANAGEMENT, INC.
By: /s/ Xxxxxxx Xxx Xxxxxxx
Xxxxxxx Xxx Xxxxxxx
President
ACCEPTANCE
The foregoing subscription is hereby accepted. Dated and effective as of
this 27th day of November, 1995.
HX FUNDS, INC.
By: /s/ Xxxxxxx Xxx Xxxxxxx
Xxxxxxx Xxx Xxxxxxx
President
