Exhibit 9
SUBSCRIPTION AGREEMENT
Alamo Growth Fund, Inc.
0000 X.X. Xxxx 000, Xxxxx 0000
Xxx Xxxxxxx, XX 00000-0000
Gentlemen:
The undersigned hereby subscribes to 10,000 shares of the Common
Stock, $.01 par value of Alamo Growth Fund, Inc., and agrees to pay to said
corporation the sum of $100,000 in cash for such stock.
It is understood that upon acceptance by Alamo Growth Fund, Inc. and
payment of the above-described consideration, 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 invest-
ment with no present intention of reselling or redeeming said shares.
Dated and effective as of this 26 day of December 1996.
PERFORMANCE PLAN, LTD.
Performance Automotive Group, Inc.,
General Partner
By:
Xxxxxxx X. Xxxxxxx, Vice President
The foregoing subscription is hereby accepted. Dated and effective as
of this 26 day of December 1996.
ALAMO GROWTH FUND, INC.
By:
Xxxx X. Xxxxxxxx, Xx., President