I know that the 40-52 three speed will tend to wear the third gear teeth and that will cause the transmission to pop out of gear. The wear is the tapering of one end of the gear teeth slightly. The solution is to replace the part but that part is becoming rare since it often needs to be replaced. I imagine the parts for your trans will be even harder to find. This blog below has a good picture and explanation.

http://chev235guy.blogspot.com/search/label/Jumping%20out%20of%203rd%20gear