The competition was launched to accommodate clubs in the B Division who were faced with the prospect of a minimum 32 game campaign of league and cup fixtures.
With crowds of over 15,000 attending matches, it prompted the Scottish League to continue the competition when full peacetime football returned the following season.
The 1948–49 and 1949–50 editions saw the B Division clubs run the cup, without the league's organisation, which ended up being a shambles.
Contributing factors such as finding suitable dates and waning interest from the public saw the tournament abandoned in 1949–50, which meant no return for the cup the following season.
The last known whereabouts of the trophy saw it reside in the boardroom at Shawfield by virtue of Clyde being the last winners of the competition, which could mean that the trophy currently resides in the boardroom at Broadwood, the current home of Clyde.