I just got back from a family reunion in west Texas, and I think I've come across something pretty awesome, or at least to me. Since I'm thinking of making this my first resto build, I have plenty of questions.

Our reunion is held on a very remote deer lease in Lueders, TX. My mom and I were walking down a path scattered with old automotive relics including a Rambler Super, the cab for a possibly late 40's GMC pickup, and a 70's Mazda B1600 pickup. None of these really matter to me, since I found something laying down next to the B1600.

At first it looked like just another old rusty bike, but once I saw the trademark oval Schwinn badge, I knew I should take another look. (My mom was interested, too, being a '72 Varsity owner!) Here is what I found:



The pedals are frozen stuck, the fenders are beaten to hell, the saddle is missing, and the paint is fairly worn out, but the frame felt solid and it rolled a lot smoother than I thought a bike that had been sitting for who knows how long would.

Once I started taking some snapshots, I noticed something different about the headbadge. Below the Schwinn name is a faint remnant of what appears to be "Goodrich" in cursive lettering. After researching this once I got home, I found that Schwinn manufactured bikes for BF Goodrich, and the serial number revealed that it is most likely a 1957 model. Here's a crummy shot of the headbadge:



Below is a shot of the coaster brake, with a little glimpse of the rear wheel. Both wheels are pretty badly rusted, so I doubt I'll be able to salvage them, which makes me sad since I love the white with black pinstriping.



A picture of the handlebar grips: (Is there any way to get any new ones like these? Reproductions?)



And since I didn't take the picture of the full bike correctly, some shots of the crank:



So, now for what I'm planning. I really want to make this a UNT spirit bike. I want to get it painted green and white, our school colors. (See UNT's website for color example.) Also, in addition to reproduction decals of the originals (if available), I'll add a few of UNT Eagle touches. I may even throw in some NTSU throwback stuff. It would be a really sweet ride at tailgate parties!

And now for where I need your help! First off, what was this particular model called? Where were BF Goodrich by Schwinn bikes sold? Also, I'm baffled as to what kind of hub it's using, as all it says is "Germany." I'm thinking of keeping it, since it still looks pretty good and the rear wheel turns smoothly. All I'm planning to do pretty much is tear down and clean up everything chrome, unstick the bottom bracket, get a new chain, bang out and bondo the dents in the fenders, get new wheels if needed, and get it painted. Any other recommendations? Thanks!

NOTE: This will not be a daily driver. I have my '84 World Tourist for that. This will be strictly a fair-weather bike which will be ridden at school spirit events and the like, so peak performance is not top priority.