changing pidfile causes /etc/init.d/monit start/stop to not work

[brian]

When I change the pidfile, </etc/init.d/monit stop> does not work.  I 
can still see the monit process running when I do <ps -ef | grep monit>.

Also </etc/init.d/monit start> does not work.  Here is the output:
----------------------------------
address@hidden Desktop]# /etc/init.d/monit start
Starting monit (via systemctl):  Job for monit.service failed. See 
'systemctl status monit.service' and 'journalctl -xn' for details.
                                                           [FAILED]

address@hidden monit-5.8.1]# systemctl -l  status monit.service
monit.service - SYSV: Monit is a utility for managing and monitoring 
processes,
   Loaded: loaded (/etc/rc.d/init.d/monit)
   Active: failed (Result: timeout) since Sat 2014-07-26 15:50:53 EDT; 
2min 37s ago
  Process: 3766 ExecStart=/etc/rc.d/init.d/monit start (code=exited, 
status=0/SUCCESS)

Jul 26 15:45:53 localhost.localdomain systemd[1]: Starting SYSV: Monit 
is a utility for managing and monitoring processes,...
Jul 26 15:45:53 localhost.localdomain monit[3766]: Starting monit: 
Starting monit daemon with http interface at [localhost:2812]
Jul 26 15:45:53 localhost.localdomain monit[3766]: [  OK  ]
Jul 26 15:45:53 localhost.localdomain systemd[1]: PID file 
/var/run/monit.pid not readable (yet?) after start.
Jul 26 15:50:53 localhost.localdomain systemd[1]: monit.service 
operation timed out. Terminating.
Jul 26 15:50:53 localhost.localdomain systemd[1]: Failed to start SYSV: 
Monit is a utility for managing and monitoring processes,.
Jul 26 15:50:53 localhost.localdomain systemd[1]: Unit monit.service 
entered failed state.
address@hidden Desktop]#
----------------------------------

In monitrc I'm setting the pid file to /usr/local/monit/logs/monit.pid.  
The errors shows it is looking in /var/run/monit.pid

If I comment out the pidfile entry in monitrc, everything works as 
expected.

I'm using Centos 7 and compiled from source:
tar xf monit-5.8.1.tar.gz
cd monit-5.8.1
./configure --prefix=/usr/local/monit --sysconfdir=/usr/local/monit
make
make install
ln -s /usr/local/monit/bin/monit /usr/bin/monit
mkdir /usr/local/monit/logs
cp /usr/src/monit-5.8.1/monitrc  /usr/local/monit

edit /usr/local/monit/monitrc
  add: set logfile /usr/local/monit/logs/monit.log
  add: set pidfile /usr/local/monit/logs/monit.pid

cp /usr/src/monit-5.8.1/system/startup/rc.monit /etc/init.d/monit
chmod 755 /etc/init.d/monit
chkconfig monit on

Brian