This is a piece of vintage ephemera that has been preserved by being in a frame all these years. At the top is original drawing done with oil pastels. It depicts a scene of a Native American with teepee, water and mountains. 

At the bottom it says Kalispell Mont. It could have been a souvenir from Montana. 

It was professionally framed. It almost looks like it was done on a piece of leather but without taking it out of the frame I can't tell for sure. 

Size Including the frame is 11" x 14 1/2".
The item itself is 10 1/2" x 7".