Some condition issues with seams separating in the front and a few worn patches around the collar and front bottom center. The O is missing from the monogram inside. One brownish spot midway down the back on the left side. See photos and video for detail.
Tag states Mrs. LC Olds as the customer, dated 1945.
Millard David Olds was a lumber baron and businessman in Cheboygan, MI, where he and his wife, Leora Calista Williams Olds, lived and are buried. Although Millard died in 1935, Leora survived until 1953.