Protective Committee for Holders of Convertible Obligations. Nos. 241-242, in Supreme Court of United States, Oct. term, 1945, Irving Elias, Max Menachen and Michael Moise, constituting Protective Committee for Holders of Convertible Obligations, Due 2002, etc., et al., v. Stanley Clarke, trustee of Associated Gas and Electric Company, debtor, et al.; [same] v. Denis J. Driscoll and Willard L. Thorp, trustees of Associated Gas and Electric Corporation, debtor, et al., on petition for writs of certiorari to circuit court of appeals for 2d circuit; brief for Securities and Exchange Commission in opposition.