Well, that is just pretty all over.

Head tube decal, combining the 'star' motif with a flame-like font, just screams something (I think it might be 'fast'?).

Nice lugs (!), and gotta love the small, quality local/regional builders. I'm guessing this 'Franklin' wasn't the same who once wrote:

"Fond pride of dress, is sure a very curse; E’er fancy you consult, consult your purse."

I think I like this Franklin better.

That one might've approved of the very practical cassette range, though. How big is that rear cog, anyways?