The numerical weight of authority holds that municipal corporations have implied power to borrow money when necessary for the purpose of their creation.1 A minority strong in logic if not in numbers holds that a public corporation has no power to borrow except such as is given to it by the legislature, either expressly or by necessary implication, from express powers.2 Power to borrow is often conferred by statute.3 Public corporations other than municipal, such as counties or township, are far more limited in their powers of borrowing than municipal corporations.4

18 Defiance Water Co. v. Defiance, 90 Fed. 753.

19 Neosho, etc., Co. v. Neosho, 136 Mo. 498; 38 S. W. 89.

20 Dawson v. Waterworks Co., 106 Ga. 696; 32 S. E. 907.

21 Gaslight, etc., Co. v. New Albany, 156 Ind. 406; 59 N. E. 176; Kirkwood v. Highlands Co., 94 Mo. App. 637; 68 S. W. 761; (City of) Wellston v. Morgan, 59 O. S. 147; 52 N. E. 127; Defiance v. Council of Defiance, 23 Ohio C. C. 96.

22 Danville v. Water Co., 178 111. 299; 69 Am. St. Rep. 304; 53 N. E. 118.

23 State v. Medbery, 7 O. S. 522. 1 Richmond v. McGirr, 78 Ind.

192; Austin v. Colony, 51 Ia. 102;

49 N. W. 1051; State v. Babcock, 22 Neb. 614; 35 N. W. 941; Bank v. Chillicothe, 7 Ohio, Part II., 31; Mills v. Gleason, 11 Wis. 470; 78 Am. Dec. 721; Clark v. Janesville, 10 Wis. 136.

2 Allen v. La Fayette, 89 Ala. 641; 9 L. R. A. 497; 8 So. 30; Coquard v. Oquawka, 192 111. 355; 61 N. E. 660; Wells v. Salina, 119 N. Y. 280; 7 L. R. A. 759; 23 N. E. 870.

3 Heinl v. Terre Haute, 161 Ind. 44; 66 N. E. 450; Corliss v. Highland Park, - Mich. - ; 93 N. W. 254; affirmed on rehearing, 93 N. W. 610.

4 Brown v. Board, 108 Ky. 783; 57 S. W. 612.