A bond may be an obligation of a state, its subdivisions, or a private corporation to pay a stated amount of money after a stated amount of time. Attorneys may help with the issuance of general obligation bonds, revenue bonds, revenue and grant anticipation notes, assessment and tax increment bonds, certificates of participation and conduit securities where the proceeds of the securities are loaned to other governmental entities, corporations, partnerships, and qualified 501(c)(3) organizations for a variety of governmental, industrial, commercial, and charitable purposes.
Rushland, in the northwestern corner of Wrightstown Township, Pennsylvania, was originally known as Sackett's Ford. Joseph Sackett built a grist mill store, and blacksmith shop near the Mill Creek where it joined the Neshaminy Creek. Some authorities claim that the name of the hamlet, first Rush Valley and later Rushland was due to the availability of "scouring rushes" used by early settlers for cleaning pots and pans. Located along the Mill Creek near Rushland was a settlement started by Italian immigrants who came to the area as laborers when the railroad was being built in the last decade of the nineteenth century. Their community became known as Little Italy. By forcing its way through a rocky cliff, the railroad opened a major industry for Rushland, the stone quarry, an industry that continues to this day.