This is a vintage sales promo sheet advertising Shaughnessy Olovnit Garments, probably meant to be inserted into a catalog binder.  It is printed on a single piece of coated cardboard measuring 8 1/2” by 11”.  It looks to be as if these would have been promotional sheets used to make sales, as the bottom has available colors, sizes, Price, Deposit and C.O.D. information.  This one is for a “Men’s Classic Undergarments”.  It is in very good condition with no pronounced wear other than a few small spots on photo and a dark smudge to the upper right.