Gary,
So are you saying this may be more of a 1940s frame? I tend to agree the 'stacked' fork on this bike doesn't yell 1950s track to me.

http://www.flickr.com/photos/21729074@N06/2221179235/

I uploaded the pics to my flickr account and they may be more clear than photobucket.

I want to ride this thing. However, what would you do to make it more appropriate as a rider and carrier of a mid century Italian track bike's flame? The seatpost will probably change soon. So beyond that...