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"There does not appear to be any "outward or usable sign" of the championship at present, and considering the interest that hockey matches now elicit and the importance of having the games fairly played under generally recognized rules, I am willing to give a cup that shall be annually held by the winning club".
Lord Stanley, 1892
The cup was purchased by an aide on a trip to England for less than $50. In 1893 "the Lord Stanley Challenge Trophy" was awarded for the first time to Montreal AAA league champions of the Ontario Hockey Association. Five thousand fans were in attendance which is the largest crowd to watch a sporting event in Canada at that time.
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