It's a 4 in 1 multi tool for horse shoe repairs, cleaning the hooves, and working on/repairing equestrian saddlery/hardware. It was carried in the riders saddle bags & mainly used in a pinch if needed while on the trail/during trips, etc. - not so much in a "livery" as they were fully equipped with all the main tools needed for that type of work.
1832 North Co. started making saddlery hardware.
1863 North & Judd manufacturing Company was created.
1878 North & Judd manufacturing Company started marking thier pieces with an anchor.
The story behind the company.
By David N Camp 1889
The North & Judd Manufacturing Company.
On or near the site of the buildings of the North & Judd Manufacturing Company, a manufacturing business has been conducted since 1812. Alvin North, either with his brother, Seth J. North, with his sons, or with others, was actively engaged in manufacturing at this place for more than forty years. For about half that time the business consisted largely of making plated wire, or of articles formed from such wire. In 1832 the business was partially suspended on account of the prevalence of the cholera in this country. When work was fully resumed the manufacture of brass and plated saddlery articles was commenced, and this branch of the work has been continued until the present time. In 1849, Hubert F. North bought the interest of his brother, 0. B. North, and the business was continued by him and his father, Alvin North, until 1855, when the interest of the latter was bought by Lorin F. Judd and J. A. Pickctt, and the firm became H. F. North & Co. In 1863, Mr. Judd bought Mr. Pickett's interest, and the name was changed to North & Judd, and soon after The North & Judd Manufacturing Company was organized as a joint stock corporation. Since that time the business of the company has been largely increased, new articles of manufacture hare been added from time to time, and new machinery introduced. Extensive additions have been made to the original buildings on the east side of Stanley Street, and within a few years new and large brick buildings have been erected on the west side of the street for the foundery. In February, 1888, the large wooden factory was burned. In its place the company erected a larger and more commodious brick building, which was first occupied in the autumn of 1888. After the erection of this building, improved machinery replaced that destroyed by the fire, and the company was in a better position than ever before to prosecute its business.
The officers of the company are L. F. Judd, president; if. N. Judd, secretary ; and Howard C. Noble, treasurer.
The bell should go to
kirkwannem as he was the 1st to identify it correctly
It made much more sense this time. 
