In re New York Hanseatic Corp.

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 is granted.

3. The application by the respondent for a stay of all proceedings pending the filing by the company of its proposed restated certificate of incorporation in the office of the Secretary of State…