The city was incorporated in 1955 along the boundaries of the Village of Northville. The Village of Northville included portions of Novi Township in Oakland County and Northville Township in Wayne County.
Paper Money. by Colleen Dumas. Paper money was made by the Tang Dynasty in China in 740 B.C. They made the paper money as an offshoot of the invention of block printing. Block printing is like stamping. Some people used the process for quilts, but the government made ready use of it in printing money.
Introduction of the US Dollar. In 1785, the Dollar was officially adopted as the money unit of the United States. The Coinage Act of 1792 created the first U.S. Mint and established the federal monetary system, as well as set denominations for coins specified by their value in gold, silver, and copper.