INVESTMENT LETTER
XXXXXXXX CASH MANAGEMENT FUND, INC.
Xxxxxxxx Cash Management Fund, Inc. (the "Fund"), an open-end diversified
management investment company, and the undersigned ("Purchaser"), intending to
be legally bound, hereby agree as follows:
1. The Fund hereby sells to Purchaser and Purchaser purchases 1 Class C share
(the "Share") of Capital Stock (par value $.01) of the Fund at a price of
$1.00. The Fund hereby acknowledges receipt from Purchaser of funds in
such amount in full payment for the Share.
2. Purchaser represents and warrants to the Fund that the Share is being
acquired for investment and not with a view to distribution thereof, and
that Purchaser has no present intention to redeem or dispose of the Share.
IN WITNESS WHEREOF, the parties have executed this agreement as of the 28th day
of May, 1999 ("Purchase Date").
SELIGMAN CASH MANAGEMENT FUND, INC.
By:
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Name: Xxxxxxxx X. Xxxxx
Title: Vice President
X. & X. XXXXXXXX & CO. INCORPORATED
By:
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Name: Xxxxx X. Xxxx
Title: President
