No legitimate issuer reason; someone wanted to store them in a notebook.
Do you mean a lobby card or a still? Some lobby cards:
Gene Tunney in
The Fighting Marine
Jim Jeffries in
They Never Come Back
Joe Louis in
Joe Palooka, Champ
Here is a still from the Benny Leonard film
Flying Fists
and another one from the Humphrey Bogart/Joe Walcott/Max Baer film
The Harder They Fall
