Okay, Grant--I'm going way out on a limb here, but how about a souvenir piece from A. C. Biggleswade? I can kinda make out the first part of that from the pic now that you have worked on it. Anyway, the name of the English football (soccer on our side of the pond) team is now Biggleswade Town Football Club, but a lot of teams there go by "A. C." for Athletic Club. The club's current logo is:
and the thing above the 1950 date on yours might be one of the heron(?)'s feet. So, that's my story and Ill stick to it until we hear otherwise. Any Brits care to comment? And the last letters of the last word seem to be ELD - can you make out anything before that?
John in the Great 208