The herald., 1913-05-22
THE HER AID


and of the independence Of the United States
of America the one hundred and thirty -seV-
enth: before me, Charles Joseph Theard, a
notary public, duly commissioned sworn ana
qualified in and for the parish of Orleans,
and in the presence Of the witnesses mere
matter named and undersigned. personally
came and appeared: Mr.. Joseph /. Loga'
vice-president, and Mr.. William r. Spence
Jr secretary. of the Crescent River Fort
Pilots Association, "A corporation organized
under the laws OF this state, by act passed,
on August Is, 1908. before GuStaye Joseph
Ricau. notary public in this city, anu duly
recorded in the mortgage office of this par
ish. in book 9l2, folio 3li.
And the said appearerS declared that' IN
accordance with a resolution adopted 10y the
board Of directors Of said corporation, on
December 80, 1912. and after the notices
and publications required by law, IA meeting
Of said corporation. attended by all the
stockholders thereof was held in this city
ON February II. 1913. to decrease the CAPT
tai stock Of said corporation from 10000
to $500. and for other purposes.
That, at said meeting. the capital stock
was by unanimous vote, reduced TO twenty
nine hundred dollars $4,000, and the char
ter Of said corporation was, also by unani-
nous vote amended in other respects, 50
that Articles I, Il. and :, shall now read
AZ follows:
ARTICLE t.
The capital stock of this corporation Is
hereby fixed at twenty nine hundred dollars
tN2,9OOb. divided into twenty nine shares or
one hundred dollars each. paid cash. each
member holding one share, represented by
the proper certificate.
No person tthe original SignerS excepted
shall be entitled To hold share of the stock
Of this corporation. or shall ever exercise
the rights of a stakeholder. unless he be- a
river pilot duly licensed 10y the proper
United States government authorities as a
pilot for that portion Of the Mississippi
river between the city of New Orleans and
the head Of the PASSES, and unless he also
holds commission from the governor Of
FHF e I.afuf
under the provisions Of the state law gov
.erning pilOtage on the waters aforesaid nor
until he shall have been duly elected to
membership in this association. and have
signed an obligation To stand to and abide
by its charter, bylaws, rules and regua-
tionS.
The shares of stock Of this corporation
shall not he subject To pledge or hyDotheca-
tion. except As herein provided. and any at
tempted pledge or hypOthecatiOn thereof
shall be- null and void and of no effect and
said shares shall he negotiable. non
transferable and nOn-alienable, except that
same shall be sold back to the association
and be- 10y ii reSOd and reiSSued to new
members, as hereinafter provided, and any
other attempted negotiation. transfer, or
alienation. voluntary or forced. shall be- null
and void and Of no effect
ARTICLE g.
Al the death Of a shareholder. the asSOci-
alton shall, ipSO fdCtO, and without judicial
process become the owner of his share OF
heirs, or administrators or executors the
amount of said share.
ARTICLE :.
No member of and shareholder in this
association shall have the right 10 resign
therefrOm. unless and until he shall have
first resigned and surrendered his commits
sion as "A river port pilot to. and such reSig-
nation and surrender shall have been ac-
copied by, The governor of this state When
this shall have been done. and the resigna-
ton of such member and shareholder shall
have been accepted by the board Of directors
his share Of stock shall thereby. ipsO facfo.
property OF the association, and 1t shall
forthwith pay him the amount OF said
share; and he shall be further entitled TO
pension Of fifty dollars t$5Ol 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
mat nave been or can be pilOted by men,
berS of this association.
ARTICLE g.
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 factO, 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-
cations between him and the association
snail cease and terminate.
The said Joseph Il. Loga. yice-president
ana the said William +. Spence. Jr secre-
tary, hereby accordingly make known the
said amendments, and request the under
signed notary To annex hereto a duly certi-
ned copy OF the prOces-verbal of the said
stockholderS meeting of February IL, 1913
certifying to the decrease of the capltai
stock as aforesaid and filed with the secrp-
,aTy OF state, In accordance with Act No.
li9 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 ac.
cOrdance with law.
Done and passed in my Office. at New
| Orleans, the day. month and year first above
written, in presence OF MesSrs Gustaye A
l.lambias and Delvaille III. Theard compel
ent witnesses, who have signed with the
appearers and me. notary, after due reading
| (Original signed) Joseph T. LOga, vice
president William F. Spence. Jr secretary
Gus A. Llambias, Delvaile III. Theard
| CHAS. j. THEARD, Not Pub.
| l, the undersigned, recorder Of mortga ges
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 my Office. in book 1888 folio 4o6
| New orleans, May II, 1913.
| tSigned) EMILE J. LEONARD, ID. r.
| A true copy:
| CHAs. ]. THEARp, Not. Pub.
NAV ID ~ limo i