A hand carved hanging magazine rack. The wood is possibly walnut and the area where magazines are placed will open due to the sides being a fabric (red felt?) of some sort.
This is a painting that I purchased at a thirft shop. It is signed and dated on the back. The date is 1968 and the signature is the same as that in the image that I have included.
There is also a description of the scene but it is obscured by what appears to be a canvas patch. There is no damage noticable on the front of the painting.