The herald., 1913-06-12

transferable and non-alienable, except that
same shall be sold back TO the association
asd be by it resold and reisSued 10 new
members, as hereinafter provided, ana any
alienation, voluntary or forced, snail De nun
and void and Of no erect.
ARTICLE 6.
AT the death OF q shareholder the aSSoc1-
alton shall, ipSo fdcto, and with9ut SuGdcl az
process. become the owner OF his share or
stock, and shall, without delay, pay 10 ms ms
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
rherefrom, unless and until he shall nave
first resigned and surrendered his commls-
sion as a river port pilot TO- ana Such reslE-
nation and surrender shall have been ac-
cpntcd by. the governor OF this state. When
this shall have been DONE and the reslgna-
ton 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 IL snail
forthwith pay him the amount OF said
a pension Of fifty dollars $500 per month
50 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.
ARTICLE 8.
Whenever any member and shareholder OF
this association shall be by the governor OF
this state deprived OF his commission as q
river port pilot, he shall, ipsO fdcto, cease
to be member OF this association. and his
share OF stock shall thereby Immediately be-
come the property OF the association. and
he shall be paid the amount OF said share
and all connection. rights, duties and obli-
"a tons between him and the association
shall cease and terminate.
The said Joseph p. Loga. vice-presidcnt
and the said William +. Spence, Jr., secre-
tary, hereby accordingly make known the
said amendments, and request the under
fed copy Of the proces-verbal Of the said
stockholders meeting OF February IL, 1913.
certifying 10 the decrease OF the capital
stock as aforesaid, and filed with the secre-
tarv OF state, In accordance with Act No.
$40 OF 1898. together with the certificate
granted by the secretary OF state: as well
as a certified extract from the minutes OF
said stockholders meeting, relative to the
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.
Llambas and Delvaille II. Theard, compel
ent witnesses, who have signed with the
(0riginal signed) Joseph =. Loga, vice
president: william F. Spence. Jr., secretary.
Gus. A. Llambiss, Delvaille II. Theard.
CHLs. J. 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 1888, folio 426.
New Orleans, Nav IL. 1918.
(Sign-d) EMILE ]. LEONARD, d. r.
A true copy:
CHAs. J. THEARp, Not. Pub.
may 90 "a June 5 IL 10 &c