These bonds were to bear seven percent interest payable semi-annually, on the first day of January and July, and to mature 1 Jan 1862.

This first issue of bonds was soon taken up and burned by the Township Trustees, because the County Auditor refused to register and officially sign them.

The original idea, which predominated among the farmers, was that they would have the township divided, and thus escape paying any portion of the bonds.

Although the succeeded in their efforts to be cut off from Dresden, the law decided that that act did not release them from paying their portion of the bonds as they became due.

[5] The township is governed by a three-member board of trustees, who are elected in November of odd-numbered years to a four-year term beginning on the following January 1.