Section 1 Be it enacted by the people of the state of Illinois represented in th General Assembly that Levi D. Boone, his associates, successors [, and] assigns be and they are hereby constituted [a] body Corporate and politic by the [name] of the Union Steam Mill Company [and by] that name & style, they and their successors shall have succession, and shall in [law] be capable of suing and being sued in all courts and places whatsoever, shall have a common seal, and shall by [their] corporate name be capable in Law, of [holding] and conveying any real Estate and personal Estate for the purposes, and use of said [Corporation]

2. The comp[any] shall have power [and authority] to carry [on the] manufacture of flour [and] all other useful manufactures [and] to enter into contracts and execute [agreements] and do all other acts necessary for the purpose of carrying on said business [and] protecting the interest of the said Company[,] may make, ordai[,]n and establish all necessary bye Laws, not inconsistent with the [Constitution] and Laws of the United States and of the [this] State.

3 The capital stock shall consist of no more than fifty thousand Dollars divided into share of such amount as the Directors shall order and the Corporation thereby created shall continue for Twenty years

[4. The] company & affairs of the said Company [shall be] under the order of five managers to be chosen by the stockholders in such manner as the By Laws shall direct [and] shall continue in office for one [year] and until their successors shall [be chosen]