Opinion ID: 1990609
Heading Depth: 1
Heading Rank: 1

Heading: on appellant's petition for reargument.

Text: Plaintiff petitioned for reargument upon the ground that we summarily disposed of her contention that the acquisition of the egg companies' stock by Bellanca was void by reason of the Investment Company Act of 1940. In addition, it is alleged that our disposal of this point was erroneous as a matter of law. We have read the petition and decline to grant reargument on the merits of this point. Furthermore, we should not have considered the point since it was not raised before the Vice Chancellor, although ample opportunity was given the plaintiff to have raised it if she so desired. Equitable Trust v. Gallagher, 32 Del.Ch. 401, 77 A.2d 548; Trout v. Farmers' Trust Co., 19 Del.Ch. 437, 168 A. 208, and Stephenson v. Commonwealth & Southern Corp., 19 Del.Ch. 447, 168 A. 211. In addition to her petition for reargument, the plaintiff moved for a special mandate remanding the cause with permission to amend the pleadings to state a claim under the Investment Company Act of 1940 or, in the alternative, for a stay of mandate to permit the filing of a petition or a writ of certiorari in the Supreme Court of the United States. Since ample opportunity was given below to the plaintiff to raise any points desired, we decline to issue a special mandate. We have also considered the alternative motion of the plaintiff for a stay and decline to stay the issuance of our mandate. The judgment below is accordingly affirmed.