Just days after the 1904 FHL regular season was finished, the reigning Stanley Cup champion Ottawa Hockey Club left the CAHL and joined the FHL. The Wanderers, FHL regular season champions, immediately played Ottawa for the combined Stanley Cup/FAHL championship.
Stanley Chall.
Stanley Chall.
FAHL Champ.
Stanley Chall.

FAHL Championship & Stanley Cup Challenge

A two-game series between the Montreal Wanderers from FAHL and Ottawa Hockey Club from CAHL was arranged, for the Stanley Cup. The teams played the first game in Montreal to a tie of 5–5. Montreal refused to play overtime, demanding that the game be considered a no-contest and proposed that the series start over as a best two-of-three series. The Cup trustees demanded that the series continued as scheduled and the Wanderers abandoned the challenge. The Wanderers demanded a replay of the game to be held in Montreal, which Ottawa refused. The series was cancelled, with Ottawa retained the Stanley Cup. championship. Ottawa then joined FAHL in the offseason.
Date    OpponentResultScoreSeries
3/2vs Ottawa HCT  5-5 0-0-1