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What do I have? 1930S schneider built Rollfast?

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Pedalsnostalgia

Finally riding a big boys bike
I picked this up at a estate sale, any info would be much apricated, it looks very original to me other then grips and center kickstand. Im told handle bars may be a rare option on this bike? down tube decal looks like it says "SPEED ACE" ? I cant make out what rear fender decal reads. any and all info would really help along with date and some sort of value. Thanks.

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That is going to look stunning when you get it cleaned up and rolling. Great score. Enjoy the heck out of it!
 
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