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Flared Fender Motobike Help Needed - Schwinn, Snyder ?

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New Mexico Brant

Riding a '38 Autocycle Deluxe
Here is a sweet flared fender motobike I bought on this last road trip. It has me corn-fused! A serial number is nowhere to be found and there isn’t evidence one was filed or sanded off. The bike has a full rust patina but originally was a red/maroon base coat. Tell tales should be the flat top fork crown, and the lugging, has anyone seen this long seat mast/top tube lug before? Or the exposed head tube lugs? The badge had side screw orientation. It was suggested the Schwinn Auto-cycle badge may fit; can someone please provide the hole measurement for that type of badge.
Thank you for any input.
@hoofhearted @chitown @SKPC @Archie Sturmer @Goldenindian @cyclingday

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Do you have a close up picture of the rear (flaring) on the front fender?
Almost looks like it was added.
It's odd, the tube under the top tube also looks added at a later time.
Front lug on the lower tube has been repaired.
One thought to be the earliest version (of the three types/variations known) of the flared fenders; another theory is the two piece variants would allow for the bottom section to be more easily repaired/replaced if it was damaged. They were originally made this way as there have been several all original bikes found with this variant. Has been discussed extensively before on the forum. They were made by International Stamping Co. of Chicago.
More on the company and their 1917 patent.
Any ideas on the frame manufacturer Max?
 
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Brant, the Excelsior badge I posted awhile back is the later version, mid 20s to 30s, both versions same hole distancing. What is the distance on the head tube?
Cliff
 
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