I'm just getting started with Nuxeo development and am looking now at working with Extension Points [Nuxeo 5.9.5 with Studio].
The blog posting here seemed like a good place to start.
I decided to do a similar exercise where the goal is to change the label on the Workspace/Manage tab for 'Local configuration'. Change it to 'New Local Configuration'.

I located the Local Configuration tab (TAB_LOCAL_CONFIGURATION) here. It comes from the nuxeo-platform-webapp-core-5.6.jar file.
When I look in that jar file, I see in the Manifest.**** the following:
Bundle-SymbolicName: org.nuxeo.ecm.webapp.core
Based on that, I created the following XML Extension in Studio:
<component name="org.nuxeo.sample.action.contrib.config.override">
<require>org.nuxeo.ecm.webapp.core</require>
<extension point="actions" target="org.nuxeo.ecm.platform.actions.ActionService">
<documentation>
Override the TAB_LOCAL_CONFIGURATION action to change its label.
</documentation>
<action id="TAB_LOCAL_CONFIGURATION" label="new.tab.local.configuration" />
</extension>
</component>

Here I defined a new label called new.tab.local.configuration
I wasn't sure where to put this new string.
I tried a few things, but the most reasonable seemed to reference it from Studio as a Resource.
So, I created a new file called override.properties containing the following one line:
new.tab.local.configuration=New Local Configuration
And then uploaded that file as an I18 resource:

But after doing an Update and even then restarting the server manually, I don't see that the string has changed.
On the server, I see that the custom jar file has been updated to include the new properties file in the directory data\i18n and I also see the file in the jar file called extensions.xml has the XML Extension that I configured within Studio.
Is there something else that I need to do, or something that I've done wrong?