This was the 1938-39 competition for the Wellner Trophy:
This was the fifth competition. The first team to win three would keep the cup. Each team had already won twice so this year's winner would get the trophy.
Final (Best of 3)
|St. Dunstan's 13||Prince of Wales 5||Charlottetown|
|Prince of Wales 4||St. Dunstan's 4||Charlottetown|
|March 18||St. Dunstan's 7||Prince of Wales 4||Charlottetown|
St. Dunstan's got to keep the trophy and it was retired. This was the last competition.