Young guys from some indeterminate sport, those in the first row sit demurely with wrists and ankles crossed. The middle row stand with arms behind (mostly). The top row, shirtless, stand with arms crossed, clearly the macho men.
On the verso, notes in ink and a date: 5.2.1928. K Ltd. stamp box with divided back.
5 1/4" x 3 3/8," satin finish. Fine condition.