Loof or Luif is an old Scots word for palm, and the name is said to have originated with a local fortune-teller who offered to tell Mary Queen of Scots her fate at the upcoming Battle of Langside in 1568, as long as she crossed her loof (or palm) with silver. This story seems to have then inspired the architects Clarke and Bell to include the symbol of a palm with a cross on it (or in other words a crossed palm) on their design for the 1912 Corona Bar.