Remember the band "REO Speedwagon?" They got their name from a light motor truck (named the "Speed Wagon") manufactured by the REO Motor Car Company in the early 1900's that became the ancestor to the modern day pick-up truck. This tee holder was a promotional item for the REO Motor Car Company and includes four pink translucent tees mounted in a plastic clip printed, "Par Performance...REO." The clip holds a removable cardboard cut-out of a red truck.
The REO Motor Car Company was based out of Lansing, Michigan and manufactured cars and trucks from 1905-1975. It was the brainchild of Ransom E Olds, who founded this company after leaving his prior one, "Oldmobile." Needing to keep his last name out of the new company, the new company simply used his initials, "REO." What a neat item to have not just for its historical golf significance, but automobile significance as well!
The second tee holder is a red & clear vinyl case containing six hollow plastic yellow tees and a ball marker. It is printed "Dormer Drills" on the back along with the cheeky disclaimer, "May not perfect your golf but WILL perfect your drilling." Their logo is also printed on the ball marker. The Dormer company also dates back to the early 1900's and is still in business today!
Condition is as shown in photos.