Alan Turing, in his 1946 Report on the ACE described the need for a means to save the return addresses of all active subroutine calls, and to return from such calls in the proper sequence. His routines for subroutine entry and exit were named BURY and UNBURY.
The return addresses are arranged as a stack. In modern terms, we'd say 'push return address and jump to subroutine', and 'pop address and jump to it'. Or, for the PDP-10 programmers, PUSHJ and POPJ :-).
In Turing's report, he describes the routines thus:
BURY:
The content of TS 1 with 1 added is transferred to the position indicated in TS 31, and 1 is added to the reference in TS 31. We then proceed to carry out the instruction in TS 1.
UNBURY:
The minor cycle whose position is given in TS 31 is taken to be position of the next instruction.
In what we might call 'ACE pseudocode' (see slide 28) the routines are
BURY:
M[TS3l] ← TSl + 1; TS3l ← TS31 + 1; go to M[TSl]
UNBURY:
go to M[TS31 ← TS31 - 1]
The TS are temporary storage registers, M is memory; TS1 holds the address of the most-recently executed 'type B' (jump) instruction. So we have here a block of memory being used as a stack of return addresses, with TS31 as the stack pointer.
This of course is not a stack of activation records: it only holds return addresses, not local variables, and thus provides no support for recursive activation.
For what it's worth, this is much like the Subroutine Jump Nesting Store (SJNS) on the English Electric KDF9, which is a 16-deep stack of return addresses. Algol 60 implementations on KDF9 therefore used a software stack for Algol procedure calls (and other blocks), with the SJNS being used 'under the covers' for the implementation internals.
As to motivation: early computers did not yet have subroutine call and return instructions; subroutines were still being invented. Nor was indirect addressing a thing. Since one subroutine can call another, which calls another, you have to track the return addresses and use them in the correct reverse order. Thus the LIFO or stack has appeal.