"the Sag" where it was lost by fire a second time in 1969. SS Sagamo was not rebuilt; however the Phoenix did rise from its ashes and is now carried by the ship for which it was intended. The ship was launched in June, 1925 for the summer passenger season. While originally she was intended to retain the Nipissing name, the extent of the alterations were so extensive that the Navigation Company chose to rename her Segwun, an Ojibwa word meaning "springtime". Remodel The Navigation Company underwent a change in ownership at the end of World War II, when Major Hugh C. MacLean, publisher, sold his 90% interest in the company to a Toronto businessman, Gordon Douglas Fairley. MacLean had owned his share in the company for several decades and the steamship line benefited from promotion in MacLean's publications. Perhaps anticipating another postwar economic boom similar to the 1920s Fairley made some significant investments in the company's fleet. In the off season of 1946–7 Segwun was remodeled. The gentleman's lounge and two staterooms toward the aft of the upper deck were removed and a new series of seven carpeted staterooms were added in their place and connected to the forward oak-paneled lounge. The open space formerly present on that deck just aft of the stack was closed in. Additionally a new steel bulkhead salvaged from Medora was installed in the forward hold to create a crew sleeping area. The changes were generally favorable, but at the cost of increasing the craft's sensitivity to the wind. These changes finalized the silhouette of the ship to this day. Refit On 16 September 1949 a fire broke out on , then sailing the Great Lakes and docked at Toronto. Inadequate fire alarms and firefighting equipment allowed the fire to rage out of control resulting in between 118 and 139 deaths. In the aftermath, the Ministry of Transport imposed new fire control requirements on steamships. The Muskoka Lakes Lines, then owner of Segwun and the remaining steamships of the Muskoka Lakes Navigation and Hotel Company, already suffering from declining passenger and freight business due to new competition from the automobile and trucking lines, lacked the resources to re-fit the entire fleet. The Muskoka Lakes Lines filed bankruptcy and the ships were repossessed by the Navigation Company who chose to fit the required equipment only on the flagship Sagamo and her companion Segwun. Segwun was