Offtrail--Bramblefind doesn't need much to go on to nail ones like this!
This was an advertising giveaway used to promote this traveling stage production - I see a 1903 newspaper article where Martin's troupe was in Rock Island, IL and the paper raved: "Produced on a scale of magnificence never before attempted. Sixty people. Carload of special scenery; 20 ponies, mules,horses, dogs. See the spectacular street parade: two bands; 20 ponies, horses, dogs, mules; 10 tableau wagons; lady drum corps and buglers; floats. Twenty-five colored people in southern 'pastimes; cake walkers, dancers, singers. PRICES 10, 20, 30 and 50 cents. Tickets on sale Monday." Also in 1915 the show was in Greenville, PA, so it apparently lasted for quite a few years.
The token was manufactured by a Chicago company and was probably distributed all over the region by Martin's advance agents.
John in the Great 208