History of Westchester County, New York, Vol. I
The sum of five hundred and sixty-five thousand dollars was raised in county bonds ; distributed to the supervisors of the towns, as in the case of the first set of relief bonds, the rate of interest being seven per cent. ; the principal payable in periods ranging from twelve to sixteen years. The first hundred of these bonds was cancelled at the end of the year 1876, and the last sixty-two in April, 1881. The amount raised all went to answer a single coil for troops ; and, when the next one came, the State was obliged to step in to help the towns, which
HISTORY OF WESTCHESTER COUNTY.
actually made money on the difference between the bounties they paid and the amount awarded them by the State.
In a sketch necessarily so brief and fragmentary as this must be, on account of the small space given and the magnitude and number of the events to be treated, it would be superfluous to give a detailed account of all the sums paid out in the county. The annals of a single town will serve as a specimen of the way in which the money was raised and expended, the table at the end of this section giving the total for the county.
The town of Cortlandt -- then one of the largest in the county -- raised, in the year 1862, $20,000 for bounties, of which $16,795 was expended, and 324 men sent out -- an excess of 13 over the town quota. In October, 1803, the town raised $14,000 more, besides sums paid by substitutes, and sent out its quota of 116 men. In February, 1804, it raised $85,000 to send out 73 men. In March, 1864, $20,000 was used to send out 49 men, with $5000 more, paid by drafted men for substitutes.