The taxpayer acquired shares of two utility companies from its parent at cost. The gains which it realized shortly thereafter were held to be realized on capital account based on a finding of the trial judge that:
"the shares in question were acquired by the respondent as investments to be held as a source of income in the ordinary course of its business as an investment company and that the reason it decided to realize these investments after a comparatively short period of time was that, in the opinion of its responsible officers, the shares had reached a price which was unrealistically high."