MEXICAN flSHERI LEGISUTION 



XIV, — To respect the exercise of legitimate rights acquired by third pso-ties and to be 

 subject in all acti\d.ties and operations covered by this authorization, to the provisions of 

 the law, regulations, tax law and other fishery rulings in effect, or to orders which may be 

 issued in this connection in the future. 



XV, — Not to luiload fishery products in localities other than those approved by the 

 liinistry, for the purpose of more satisfactory control of operations. A written statement 

 is to be presented to the Fishery Inspection and Vigilance Service, showing the quantity of 

 fish taken on each fishing trip and localities in which taken, 



XVI. — To furnish the Ministry as well as any other federal authority, with information 

 regarding contraband operations or violations of the law, regulations or tax law or other 

 fishery rulings; to cooperate in the application of the corresponding penalties; to prevent 

 the capture of fish in the region by unlawful methods; and to possess no explosives or toxic 

 substances irtiich may be improperly used to facilitate the capture of fish. 



XVII. — To have this Contract-concession, as well as any addition ormodifications irtiich 

 may be made hereto, published once, for their accoiint, in the '•Diario Oficial" of the nation, 

 during the first fifteen days after it has been authorized and signed by the contracting 

 parties. 



Article 7th. — The contracting parties agree that the guaranty posted in accordance with 

 article 6, clause II of this contract, sheill be valid for the duration of this Concession and 

 one year, and that it will be cashed and become the property of the nation, without prejudice 

 to outstanding debts, when the concessionaires fail to comply with any of the obligations 

 stipulated in this document and this concession is declared invalid; and if such invalidity 

 is declared for the first reason given in article 117 of the Regulations of the current 

 Fishery Law, the penalty established in article 27 of the constitution will also be applied. 



Article 8th, — The concessionaires and the person or entity to whom this contract may 

 be transferred, after authorization by the Ministry, shall be considered to be Mexican, 

 although one or more of its members be foreigners and shall be subject exclusively to the 

 federal courts of the city of Mexico; the organization itself and the foreigners taking part 

 in its activities under this Concession, regardless of capacity, shall be considered Mexicans 

 with respect to the organization and shall not under any circumstances have the privilege of 

 claiming rights as foreigners for any reason with reference to titles or operations of the 

 organization, but shall have only the rights and privileges granted by tiie laws of the 

 hepublic to Mexican citizens. Therefore, diplomatic agents shall take absolutely no part as 

 intermediaries in matters concerning the concessionaires with reference to this contract. 



Article 9th. — This contract may be conceled prior to the tenaination of the period 

 specified in article 4th above, for any of the reasons mentioned in article 20 of the Regu- 

 lations of the current Fishery Law. 



Article 10, — This Contract-concession may be declared administratively invalid by the 

 Ministry at any time, for any of the reasons mentioned in article 117 of the Fishery Regu- 

 lations, or if one or more shares of stock or any type of oveiership are found to belong to 

 foreign individuals or orgsuiizations which have not made the renunciations or resignations 

 provided for in article 27 of the constitution, or when any negotiation is carried on with 

 a foreign nation for the purpose of obtaining diplomatic protection for the interested 

 party as a foreign concessionaire or investor, or lastly, for failure to coc^)ly with any 

 of the terms of this contract. 



Article 11. — Ihe Uinistry, before declaring this contract invalid, will present a state- 

 ment of liability to tenaination, granting the concessionaires a period of 60 days, not extend- 

 able, in which to present petitions, allegations and other proofs to the Ministry, in accord- 

 ance with the provisions of articles 115 to 117 of the current fishery Regulations; therefore, 

 agreements relative to liability, as well as the termination itself, shall be published in due 

 course in the "Diario Oficial" of the Nation, for the information of the concessionaires and so 

 that such action may be In accordance with the provisions of the law. 



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