Sec.[Section] 1. Be it enacted by the [people of] the State of Illinois represented [in the] General Assembly, That [from and] after the passage of this act [the said] Company, shall [have] full [power] to make [insurance on lives by sea] or by land [, and to contract for reversionary payments; to receive] money on deposite and [allow inter]est therefore and [generally to make] all kinds of Contracts in which [the] Casualties of life or the [interest of] money are principally [involved;] and to make[,] execute and [perfect] such or so many Contracts, [bargains][,] agreements[,] [policies or other instru]ments as shall [or may be necessary,] and as the [nature of the case may] require and the [funds so received] may be [invested in] such [manner]as the Directors of said [company] may deem most [advantageous] Provided, that only the Capitol [stock] of the Company shall be [liable for] losses by insurance [Provided further] that nothing [in this, or the act to which] this is supplementary [shall be construed] to confer upon [said] Company power to purchase [bills of exchange,] or loan money at a [higher rate of interest than] eight per centum per annum [?] confer any [powers which individuals] may not [exercise under the laws of] this State.

Sec. 2. The [said act to which this is] supplementary [and all acts supple]mentary thereto shall be [and continue] in force for the [term] of Forty [years; and] at any time during [said term, the capital stock] of said Company [may be increased to any] sum not exceed[ing five hundred thousand dollars,] in the [same manner that is now pro]vided [in the act to which this is supplement]ary

Sec 3 This act [shall take effect and be in] force from and after [the filing, in the office] of the Secretary of State a certificate [of said] Company, setting [forth their approval and] acceptance of the [provisions of this act, and] not before.