Sec[Section] 1. Be it enacted by the people of the State of Illinois represented in the General assembly; That the County commissioners of Jefferson county, be and they are hereby authorized and empowered (if they shall deem it expedient) to borrow any Sum of money not exceeding Five Thousand dollars, at any rate of interest to be agreed upon not exceeding twelve per cent per Annum

Sec 2. The county commissioners Court of said county shall have power to make and execute, or cause to be made and executed, any and all contracts, agreements, or other instruments in writing for the payment of interest and principal, which may be found necessary to carry into effect the provisions of this act, and the money so borrowed shall be by said court faithfully applied to the payment of the debts of said county

Sec 3. This act shall take effect and be in force from and after its passage