The older man has white fabric hanging from his pocket. There's a pattern on the cloth. Perhaps this is a handkerchief or a pair of gloves. He rests an arm at the top of a chair.
The base of a posing stand is visible at his feet. There's a painted backdrop with flowers and foliage at right. Below that, there is laterally reversed text: B.We have flipped the 3rd. Scan for right-reading, but please note that the 1st. Scans are accurate and that the text is actually reversed.
Approximately 3 3/8 x 2 5/16 inches. Crazing Alligator lines in the varnish.