Samuel Blatchford, Crow v. Township of Oxford — Opinion of the Court
“ It embraced bridges, railroads, and water-power. It authorized the issuing of bonds to build bridges, and also as donations, a d to pay for stock in aid of railroads and bridges. It graded the amount of bonded debt by taxable property. It allowed bonds of not less than $100, required them to be payable in the city of New York, in not less than 5 nor more than 30 years from their date, with interest not to exceed 10 per cent. per annum, payable semi-annually, on coupons; the bonds, if issued by a township, to be signed by the township trustee and attested by the township clerk. ”
