Township of Royal Oak v. City of Pleasant Ridge

In Township of Royal Oak v. City of Pleasant Ridge, 295 Mich. 284, we modified the opinion of the lower court and held that certain special assessment bonds were not the general obligations of the township of Royal Oak. "We further stated:

“The circuit judge found: ‘It is undisputed that the plaintiff township has advanced no money out of its general funds for the redemption of any of said bonds.’ Nor does it appear from this record that because of inability to obtain from the special assessments or reassessments funds sufficient to pay the bonds in full, the township may eventually have to…