EXHIBIT NO. 9 Frontiers Capital Corp., self-serving loans and payments to its officers and agents July 23, 1964 $140,000 Loan and investment to Economic Actual purpose Date Amount Total $132,500 31, 235 105,000 60,000 60,000 4,500 4,500 449, 500 333, 235 EXHIBIT No. 21A UNITED STATES OF AMERICA, SMALL BUSINESS ADMINISTRATION PROPOSAL TO OPERATE A SMALL BUSINESS INVESTMENT COMPANY UNDER THE SMALL BUSINESS INVESTMENT ACT OF 1958, as AMENDED See Instructions on Page 2 Date: December 29, 1960. Item 1. Name of Proposed Operator (Exact name as specified in proposed Articles of Incorporation) Putnam Investors, Inc. Item 2. Proposed Location of Principal Office (To extent known) City and Zone Westport County Fairfield Street and Number 10 East State Street State Connecticut Item 3. Agent for Correspondence Full Name Stephen Tate Street and Number 21 Taylor Place City and Zone Westport Telephone CApital 7-4188 If more than one class of Capital Stock: None $ None Per Share (Class) (Par Value) Outstanding No Shares Sales Price Per Share & None (Cash) Resultant Cash Proceeds as Paid-in Capital and Total Paid-in Capital and Surplus from Sale of (b) Subordinated Debentures Proposed to be Sold to $150, 900.00 0.00 $150,900.00 $150, 000. 00 Total Paid-in Capital and Surplus as Pro- and Proposed--. Net Paid-in Capital and Surplus, Including (c) Other Outstanding Debt Securities (If any)-. 900.00 $300,000.00 None EXHIBIT No. 21B THE CONNECTICUT NATIONAL BANK, SMALL BUSINESS ADMINISTRATION, GENTLEMEN: The Putnam Investors, Inc., a Connecticut Corporation, with its principal place of business in Westport, Connecticut, has maintained a Demand Deposit account since August 30th, 1961, with the Connecticut National Bank, the Westport office, in the amount of $72,690.00. The balance as of September 13th 1961, $72,690.00. Very truly yours, PETER J. ROMANO, Assistant Vice President. ए EXHIBIT NO. 21C SMALL BUSINESS INVESTMENT CORP., CITY TRUST Co., South Norwalk, Conn., September 12, 1961. GENTLEMEN: This is to certify that Putnam Investors, Incorporated, a Connecticut corporation having its principal place of business in Westport, Connecticut, has on deposit with us as of this date, Seventy-Eight Thousand-Three Hundred Thirty Dollars and Sixty-Nine Cents ($78,330.69). These funds have been on deposit since August 30th of this year. Very truly yours, H. RAYMOND STURDEVANT, Assistant Treasurer. EXHIBIT No. 21D GREENWICH, CONN., August 28, 1961. Re: Putnam Investors Inc. CITY TRUST Co., South Norwalk, Conn. (Attention: Mr. Ray Sturdevant) GENTLEMEN: This will confirm our conversation of today regarding our request for a loan to Messrs. Huck, Ivey, and Finneran of $75,000, for 60 days. We will open an account in the name of Putnam Investors Inc. and deposit these funds in that account. We agree, that until the loan is paid, we will maintain a minimum balance of $75,000., and that the City Trust Company will become a principal depository of the Corporation. We greatly appreciate this accommodation, and we expect that Putnam Investors will become an active and valuable account for you. Very truly yours, LOUIS C. HUCK, Jr. This will confirm our understanding with respect to the recent note to Messrs. Huck, Ivey and Finneran. We agree to maintain an account of at least $80,000.00 during the term of this note. Very truly yours, L. C. HUCK, Jr. EXHIBIT No. 21F CITY TRUST Co., Mr. CURTIS L. IVEY, BRIDGEPORT, CONN., November 7, 1961. DEAR CURT: In support of the loan of Eighty Thousand Dollars ($80,000.00) just negotiated, will you kindly send a letter stating that Eighty Thousand Dollars ($80,000.00) will remain on deposit in Putnam Investors, Incorporated account for the duration of the loan? This is in accordance with phone conversation with Lou in setting up the loan. Sincerely, EXHIBIT No. 26 RAY STURDEVANT. Putnam Investors, Inc.-Use of Putnam funds for personal purposes by owners |