Fine Framed Antique Graphite/Charcoal Drawing of Boy with Hat, Identified on Reverse (in German) the hangman I can't figure out anything

I can't figure out anything this could be other than a branding iron

but even more I love finding a lovely box with lots of notes inside--and happily this is both

titled and dated on the backing paper

These measure from 2 3/4" to 5" in diameter

quite similar in manner such that I might guess done by the same person

Fine Framed Antique Graphite/Charcoal Drawing of Boy with Hat, Identified on Reverse (in German) the hangman I can't figure out anythingQuite a fine small portrait of boy finely dressed for a hiking outing, hat in one hand (with its feather commanding the only use of watercolor) and walking stick in the other. In addition to its delicacy, for me it is the boy's slightly upward and sideward gaze that really makes the drawing, lending just a bit of mischievousness to his very pretty face. Very lovely. With handwritten information on reverse; it is a bit hard to read, in German I