The Toledo Mercurys are a defunct International Hockey League franchise from Toledo, Ohio. The Toledo Franchise was the first IHL franchise to be granted outside of the Windsor-Detroit area, for the cost of $1000.00 to Virgil Gladeaux of Toledo. The Mercurys existed 15 seasons in total from 1947 to 1962 with some minor naming variations. Toledo was successful on the ice, being the first IHL team to win multiple Turner Cup championships, and the first to do so consecutively.