Legendary director Frank Capra hoped to delight film fans across the globe with a sequel to his holiday classic IT'S A WONDERFUL LIFE, but the project was inexplicably shelved. The late moviemaker planned to use the stars, JIMMY STEWART and Donna Reed, of the 1946 film for the follow-up, which would track their progress 20 years on. His son FRANK CAPRA JR tells PageSix.com, "My father and Jimmy were talking about it. "George Bailey (Stewart's character) would now be retired, and the story would involve a big conflict between him and his older son. "They really wanted to make the sequel to show how the characters were doing, but it never happened." It's A Wonderful Life charts frustrated Bailey's encounter with an angel who shows him what life would had been like if he never existed.