MATTER OF N. Y. HANSEATIC CORP. (KINGS CO. LIGHT. CO.)


200 Misc. 530 (1951)

In the Matter of New York Hanseatic Corporation et al., as Stockholders in Kings County Lighting Company, Petitioners. Kings County Lighting Company, Respondent.

Supreme Court, Special Term, Kings County.

February 23, 1951.


Attorney(s) appearing for the Case

Boehm & Fischman for Richard L. Rosenthal and another, petitioners.

Rogers & Condon for New York Hanseatic Corporation and another, petitioners.

Levien, Singer & Neuburger for respondent.


MURPHY, J.

My determination of the subject motions will be stated first and my reasons therefor will follow:

1. The motions made by the petitioner stockholders representing both preferred and common stock for the appointment of an appraiser to determine the value of their stock are granted.

2. The application contained in the respondent's cross motions for an order consolidating the subject proceedings...

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