If any Member elected previous to the 23rd October, 1874, fails to pay the annual Subscription due on the 1st August, 1874, within two months from the 23rd October, 1874, and if a newly elected Member fails to pay his Subscription within one month from the date of his election, and if any Member fails to pay the Annual Subscription, due on the 1st of August in each year, within one month thereafter, the Steward shall report accordingly to the Committee, who shall cause the name of such defaulters to be erased from the list of Members. But the Committee shall have the power to restore any Member page 9 whose name shall have been so erased if he can justify the delay to their satisfaction. No newly-elected Member shall be allowed to make use of the Club-House until he shall have paid his Subscription.