delivered the following concurring opinion :—
We concur in the reversal of the judgment for the reasons given in the foregoing opinion, and we also think that there can be no valid subscription to the stock of a company incorporated under the Act of 4th of April 1868, Pamph. L. 62, without the payment by each subscriber of 10 per cent, on the amount subscribed, whether the subscription is made before or after .the incorporation-of the company.