Marked "Ed Fitzjohn, Adjustable, Albany CC" in an oval on the sole, this adjustable putter was covered a 1917 US patent issued to Ed Fitzjohn and Elmer Stanton.  The club could be adjusted to what ever lie was desired for both right- and left-handed golfers. Plus the putter could be adjusted for croquet-style use.

To adjust the club, all the golfer had to do was grab a wrench and loosen the nut on the back of the head, move the head to the desired angle in relation to the shaft, and then tighten the nut.  Done. 

Fitzjohn putters are well made and relatively heavy.  This one is an excellent example with only a small amount of bag wear. Nearly all of the original electroplating remains on the brass head. The only areas where it is missing were lost when the original shaft pin was lightly filed flush after being installed.  Like the shaft, the leather-wrap grip is original.  

This club is middle left in the group image that accompanies this lot. For more on this club, see TCA2 v2 p462.