I should have clarified my comment regarding "quality". I understand Hercules began and built their reputation on a well made and inexpensive rides. From that perspective the plain chainring is of a better quality than the 'H' and 'HERCULES' types I have seen. I don't think the bike was a purpose built Pathracer, but I did notice the same chainring on their '36 Harrier model which came with drop bars etc. making it look atleast look like a Club bike in their advert.
The frame is just a bit too small at 21", I've ridden around the block, it's a blast, I love the geomety of the frame! , I'm going to clean it up for my son.
I'd love to do a Clubman style ride! I have a '64 Raleigh Sport configured in the Club traditon that I ride. I'm in Central NJ just outside of Staten Island. I'd love to get a ""Clubman" style ride together once the weather warms. Can we finish at a Pub?