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Shortly after his birth, George Owen's parents moved to the Boston area, where young George grew up and learned his hockey. He attended Newton High School and went on to Harvard in the fall of 1919. There, he captained the Freshman team and later served two terms as varsity captain, a relatively rare feat at Harvard. As a college hockey player, he was equally at home on defense or at center. Owen also played football and baseball for the Crimson, serving as captain of the latter during his senior year.

Following graduation, Owen entered the brokerage business and continued to play hockey with distinction for the strong Boston University Club. He was invited to play for the United States Olympic Team in 1924, but was forced to decline because of business obligations.

So strong a player was Owen, that the Boston Bruins signed him as a professional at the relatively late age of twenty-six. He played five seasons with the Bruins teaming at various times on defense with both Lionel Hitchman and Eddie Shore. Owen was also a member of the 1929 Bruins team which won the Stanley Cup.

He enjoyed his finest Stanley Cup Series in 1931 when he had two goals and three assists in a five game losing series to the Montreal Canadiens. His goal in the fourth game iced the victory for Boston. A high scoring defenseman in the days of the 44 game schedule. Owen scored 46 goals and 38 assists in five years of regular season and playoff action.