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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 1/27/23 Spirit of America Inv Fund Inc. 485BPOS 1/29/23 24:2.2M Blu Giant, LLC/FA → Spirit of America Utilities Fund ⇒ Class A Shares (SOAUX) — Class C Shares (SOCUX) — Institutional Shares (SOIUX) |
Document/Exhibit Description Pages Size 1: 485BPOS Post-Effective Amendment of a Form N-1 or N-1A HTML 943K Registration 2: EX-99.d ADVSR CONTR Investment Advisor Contract HTML 13K 3: EX-99.e UNDR CONTR Underwriter Contract HTML 13K 4: EX-99.e UNDR CONTR Underwriter Contract HTML 13K 5: EX-99.g CUST AGREEMT Custodian Agreement HTML 12K 6: EX-99.h OTH MAT CONT Other Material Contract HTML 20K 7: EX-99.h OTH MAT CONT Other Material Contract HTML 14K 8: EX-99.h OTH MAT CONT Other Material Contract HTML 120K 9: EX-99.i LEGAL OPININ Opinion of Counsel re: Legality HTML 10K 10: EX-99.j OTHER OPININ Other Opinion HTML 9K 11: EX-99.l INT CAP AGRE Initial Subscription Agreement HTML 16K 12: EX-99.m 12B-1 PLAN Distribution Plan -- Rule 12b-1 - ICA'40 HTML 18K 13: EX-99.m 12B-1 PLAN Distribution Plan -- Rule 12b-1 - ICA'40 HTML 15K 19: R1 Risk/Return Summary HTML 99K 20: R5 Risk/Return Detail Data HTML 151K 22: XML IDEA XML File -- Filing Summary XML 20K 21: XML XBRL Instance -- spritofamerica_485b_htm XML 97K 15: EX-101.CAL XBRL Calculations -- soa-20230127_cal XML 27K 16: EX-101.DEF XBRL Definitions -- soa-20230127_def XML 140K 17: EX-101.LAB XBRL Labels -- soa-20230127_lab XML 335K 18: EX-101.PRE XBRL Presentations -- soa-20230127_pre XML 380K 14: EX-101.SCH XBRL Schema -- soa-20230127 XSD 25K 23: JSON XBRL Instance as JSON Data -- MetaLinks 100± 205K 24: ZIP XBRL Zipped Folder -- 0001580642-23-000455-xbrl Zip 262K
PURCHASE AGREEMENT
Spirit of America Investment Fund, Inc. (the "Company"), a Maryland Corporation, on behalf of the Spirit of America Utilities Fund (the "Fund") and David Lerner (the "Purchaser") hereby agree as follows:
1. | The Company hereby offers to the Purchaser, and the Purchaser hereby agrees to purchase, 500 shares of each of the Class A Shares, Class C Shares and Institutional Shares of the Fund at $20.00 per share, each share with a par value of $.001 (hereafter "Shares"). The Shares are the "initial shares" of the Fund. The Purchaser hereby acknowledges receipt of a purchase confirmation reflecting the purchase of the Shares, and the Company hereby acknowledges receipt from the Purchaser of funds in the amount of $10,000 for each of the Class A Shares, Class C Shares and Institutional Shares for an aggregate amount of thirty thousand dollars ($30,000.00) in full payment for the Shares. |
2. | The Purchaser represents and warrants to the Company that the Shares are being acquired for investment purposes and not for the purpose of distribution. |
3. | The Company represents that a copy of its Articles of Incorporation is on file at the Maryland Secretary of State's office. |
4. | This Agreement has been executed on behalf of the Fund by the undersigned officer of the Company in his capacity as an officer of the Company. The obligations of this Agreement shall be binding only upon the assets and property of the Fund and shall not be binding upon any individual Director, officer or shareholder of the Fund or the Company. |
C:
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the 31st day of January, 2023.
Attest: | SPIRIT OF AMERICA INVESTMENT FUND, INC. | ||
By ______________________________________ | |||
Name: | Name: | ||
Title: |
Attest: | PURCHASER | ||
By ______________________________________ | |||
Name: | David Lerner | ||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 4/29/24 Spirit of America Inv Fund Inc. 485BPOS 4/29/24 14:5.5M Blu Giant, LLC/FA 3/28/24 Spirit of America Inv Fund Inc. 485BPOS 3/29/24 15:3M Blu Giant, LLC/FA 4/28/23 Spirit of America Inv Fund Inc. 485BPOS 5/01/23 13:4.5M Blu Giant, LLC/FA 3/30/23 Spirit of America Inv Fund Inc. 485BPOS 3/30/23 14:3M Blu Giant, LLC/FA |