The man's from Parkside and Cleary subscribed to a newspaper from there.
He subscribed to the 'pay as you go' idea.
Money was liberally subscribed and a large part of the scheme was carried out.
The principal of these is the Tky railway company, with a subscribed capital of 6 millions (3~ paid up), 90~ m.
In the case of all quasi-public corporations rigid laws exist prohibiting the issue of stock or bonds unless the par value is first paid in; prohibiting the declaration of any stock or scrip dividend, and requiring that new stock shall be offered to stockholders at not less than its market value, to be determined by the proper state officials, any shares not so subscribed for to be sold by public auction.