EXHIBIT 13.1
SUBSCRIPTION AGREEMENT
Xxxxxxxx Blue Chip Growth Fund, Inc.
Wood Island, Third Floor
00 Xxxx Xxx Xxxxxxx Xxxxx Xxxx.
Xxxxxxxx, Xxxxxxxxxx 00000
Gentlemen:
The undersigned hereby subscribes to 10,000 shares of the Common
Stock, $.01 par value per share, of Xxxxxxxx Blue Chip Growth Fund, Inc.,
in consideration for which the undersigned agrees to transfer to you upon
demand cash in the amount of $100,000.
It is understood that a certificate or certificates representing
the shares subscribed for shall be issued to the undersigned upon request
at any time after receipt by you of payment therefor, and that said shares
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 ____ day of _________, 1988.
XXXXXXXX CAPITAL MANAGEMENT
_______________________________________
Xxxxxxxxx X. Xxxxxxxx, Sole Proprietor
ACCEPTANCE
The foregoing subscription is hereby accepted. Dated and
effective as of this ____ day of _________, 1988.
By: _________________________________
Xxxxxxxxx X. Xxxxxxxx, President
[CORPORATE SEAL]
Attest: ___________________________
Xxxxxx X. Xxxxxxxx, Secretary
