Smith v. Stephan

The Legislature by the Act of 1886, chapter 116, authorized the Mayor and Common Council of Westminster to fund the floating debt of the corporation, as the same may have existed on the first day of February, eighteen *387hundred and eighty-six. And. for this purpose, the corporation was authorized to issue bonds to an amount not exceeding three thousand dollars. There can be no reasonable doubt of the power of the Legislature to pass this law. It creates municipal corporations of this kind at its own will, and invests them with such powers, consistent with the Constitution, as the public good…