Join Date: Jun 2005
Location: Dayton, Ohio
Bikes: 1975 Full Campy N.R. Centurian Super Lemans,1984 Focus Vintage pre susp. mountain, hardtail,suntour xc sport, many treks, diamondbacks, and, 1950' crusier J.C.Higgins,triex (road) and kakakura silk (road)
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Sheldon Brown has written ... "Some bikes have a small brazed-on peg facing inward near the bottom of the right seat stay. This is intended to support the chain when the rear wheel has been removed for some reason. This is, in practice, a pretty useless feature."
If you really need one or want one, make one out of solid steel and braze it to your frame. I concur with Sheldon however that you don't really need it.
Good Luck, Happy Cycling