I'm no expert, but it looks like a portion of a "4-on-1" exhibit card, although the writing would be far bigger. I imagine this is much larger than t206 size given the small writing necessary to write all that.
Looking forward to the answer...
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http://imageevent.com/derekgranger
Working on the following:
HOF "Earliest" Collection (Ideal - Indiv): 250/346 (72.3%)
1914 T330-2 Piedmont Art Stamps......: 116/119 (97.5%)
Completed:
1911 T332 Helmar Stamps (180/180)
1923 V100 Willard's Chocolate (180/180)
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