New York Supreme Court May 15, 1876 (People ex rel. Boyle v. Trustees of the Village of Edgewater)

By the Court, Pratt, J.

— At the time the respondent incurred the obligation stated the trustees had power to levy, by tax, $40,000. The relator must be presumed to have contracted with reference to that power, and relied upon it as a means of receiving his pay.