Step 1: Formulate the family of parabolas
Parabolas with axis along $x = 1$ (parallel to the y-axis) have the form $(y - k)^2 = 4a(x - 1)$, where $k$ and $a$ are parameters. Simplify with one parameter: $(y - k)^2 = a(x - 1)$.
Step 2: Derive the differential equation
Differentiate: $2(y - k) \frac{dy}{dx} = a$. Differentiate again: $2 \left( \frac{dy}{dx} \right)^2 + 2(y - k) \frac{d^2 y}{dx^2} = 0$, so $(y - k) \frac{d^2 y}{dx^2} = -\left( \frac{dy}{dx} \right)^2$. From the first: $y - k = \frac{a}{2 \frac{dy}{dx}}}$. Substitute: $\frac{a}{2 \frac{dy}{dx}}} \frac{d^2 y}{dx^2} = -\left( \frac{dy}{dx} \right)^2$, $a \frac{d^2 y}{dx^2} = -2 \left( \frac{dy}{dx} \right)^3$. Use the first equation again: $a = 2(y - k) \frac{dy}{dx}$, but directly eliminate $a$ and $k$: $\frac{d^2 y}{dx^2} (x - 1) = \frac{dy}{dx}$.
Step 3: Match with options
Rewrite: $(x - 1) \frac{d^2 y}{dx^2} - \frac{dy}{dx} = 0$, matching option (2).