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the said claims the sum of one hundred and seventy-five thousand eight hundred dollars: Provided, also, that the stock so paid for in certificates of the stock of the present company, shall be entitled to dividend, only as hereinafter provided: and that no payment shall be received, in such certificates of stock, until the Potomac company shall have executed the conveyance prescribed by the thirteenth section of this act: And, provided, that, unless one-fourth of the said capital shall be subscribed, as aforesaid, all subscriptions made in consequence of this act shall be void; and, in case one fourth, and less than the whole capital, shall be subscribed as aforesaid, then the said commissioners, or a majority of them, are hereby empowered and directed to take and receive the subscriptions, which shall first be offered in whole shares, as aforesaid, until the deficiency shall be made up; a certificate of which additional subscription shall be made, under the hands of said commissioners, or a majority of them, for the time being, and returned as aforesaid.