Because the 1930’s were a time of the Great Depression and money was scarce, it was decided that two teams in Montreal just weren’t economically feasible. So the Montreal Maroons, winners of the Stanley Cup in 1926 and 1935, bowed out and folded after the 1938 season, leaving the Canadiens to carry on.
The entire thirties had been a struggle. In the early part of the decade, the Montreal Canadiens were doing so poorly both on the ice and at the box office that they were considering moving to Cleveland. (At least they could have kept the same crest.)
And to make matters worse, the Canadiens were even thinking about folding a couple of years after the Maroons had bit the dust. So you know what that means? It means we could be Leaf fans right now.