The herald., 1913-06-26

transferable and non-alienable, except that
same shall be sold back to the association
and be by it resold and reissued to new
other attempted negotiation, transfer, or
alienation. voluntary or forced, shall be null
and void and Of no effect.
ARTICLE 6.
At the death of shareholder, the associ,
alton shall, ipso fdct0, and without judicial
process, become the owner of his share OF
stock, and shall, without delay, pay TO his
heirs, or administrators or executors, the
amount OF said share.
ARTICLE Z.
No member OF and shareholder In this
association shall have the right TO resign
therefrom, unless and until he shall have
| first resigned and surrendered his commits
sion as river port pilot to, and such resiG-
nation and surrender shall have been ac-
cepted by, the governor OF this state. When
| this shall have been done, and the resigna-
| tiOn OF such member and shareholder snail
have been accepted by the board OF directors,
his share OF stock shall thereby, ipSO fdctO,
and without further process, become the
property, Of the association, and 1t shall
! forthwith pay him the amount OF said
share: and he shall be further entitled TO
a pension Of fifty dollars $500 per month
so long as he shall not violate the condition
imposed upon him In accepting his reSigna-
ton, which condition shall be that he shall
never pilot any steamships or other vessels
that have been or can be piloted by men,
bers Of this association.
Whenever any member and shareholder OF
this association shall be by the governor OF
this state deprived Of his commission as a
river port pilot, he shall, ipsO fdcto, cease
TO be a member OF this association. and his
share OF stock shall thereby Immediately be-
come the property Of the association. and
be shall be paid the amount of said share;
and all connection, rights duties and obli-
cations between him and the association
shall cease and terminate.
The said Joseph p Loga, vice-president,
and the said William F. Spence, Jr, secre-
tary, hereby accordingly make known the
said amendments, and request the under
signed notary to annex hereto a duly certi-
stockholders meeting OF February IL, 1913.
certifying TO the decrease of the capital
stock as aforesaid and filed with the secre-
tary OF state, in accordance with Act No.
l49 OF 1898, together with the certificate
granted by the secretary OF state: as well
as certified extract from the minutes OF
said stockholders meeting, relative TO the
said amendments.
And the said appearers further request
that the present act be recorded by the re-
corder of mortgages for this parish, in &C.
cordanCe with law.
Done and passed In nv office. at New
Orleans, the day. month and year first above
written, in presence Of Messrs Gustave A
Llambias and Delvaille II. Theard, Compel
ent witnesses, who have signed with the
appearers and me. notary, after due reading.
Original slgned) : Joseph p. Loga, vice
president; William F. Spence. Jr, secretary
Gus. A. Llambias. Delvaile II. Theard.
CHAs. ]. THEARD, Not Pub.
], the undersigned. recorder OF mortgages
In and for the parish OF Orleans, state OF
Louisiana, do hereby certify that the above
and foregoing act Of Amendment of act OF
Incorporation OF the Crescent River Port
Pilots Association was this day duly re-
corded in nv Office, In book 1855 folio 4o6
New Orleans, May 10, 1913.
tSigned) EMILE J. LEONARD, d. r.
A true copy:
CHAs. J. THEARD, Not Pub.
may 90 "a June 10 10 &c