1.25” missing its backpaper but with name of W&H on the curl. Reverse curl has some stain around the metal collet but almost none of this shows on the front with the exception of pair of 1/16” to 1/8” slivers on extreme edge at lower left. A great scene with about 50 people on the shore edge beneath green trees while another 20 or so are in the blue waters of the lake while at left is a huge wooden constructed ramp apparently serving as a water slide. In addition to the company name at top, lower text reads “Employees Annual Outing/Silver Lake/July 27, 1901.” Only example we’ve seen. Comes with Hake’s COA.