Friedman-Shelby Shoe Co., St. Louis, U.S.A.

Front:
NEW YDAK FRIEDMAN SHELBY LEATHER SMOE SHOE CO. HAMERS

Back:
45 SWELL” Up-to-the-Minute AND CANADA, FOREIGN, Two CENTS. STYLE 3202 Patent Kid, Welt, 2 Strap Pump. Ask Your Dealer To Show You this Style and Others FRIEDMAN-SHELBY SHOE Co. ST. LOUIS, U.S. A.