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this is part three of the device corporation all subscription Affairs covered by section 59 to 70 do 72 of re 1102 now what is the subscription contra this is a contract for the position of an issued stop in an existing corporation or a corporation is still to be form now if is that holder shareholder would like to move acquire directly from the corporation that will be sufficient if a person would like to buy or purchase from its stock holder for a shareholder that will be sale or purchase we should make this thing should be between a subscription and purchase now in the acquisition of shares stocks cannot be issued for a consideration destined power or issue title because these will be your constituent as watered stock and remember what I told you watered stock were not allowed issuance of watered stock in those who authorized not those who allow issuance of waters that will be liable to the corporation as well as the program factors that cannot be for Noren and bar for everybody no