A while ago I got a Claud Butler frameset off of ebay. The seller said it was possibly a Club International, but referencing the frame number gave it a production date of 1950.
Here's how it was when I received it:
Sanding back the brush-painted finish, I did find some traces of the CB double-box pinstriping in yellow and white, as well as some yellow/white pinstriping on the top of the seatstays.
You can see half of the two-part Reynolds stem that came with it. I guess this was so that the owner could swap handlebars without removing the handlebar tape, so long as you've got another handlebar set with a second top-piece bolted on.
Unfortunately it was broken so I swapped it for the Spearpoint (which just needed a quick buzz with the TIG welder on a small crack).
Here's how it is now (yes, it's fixed, don't kill me I just want to enjoy it on a student budget and I had all the parts lying around!)
I do plan on restoring it lightly and doing some light touring on it. It's comfortable and I like the rat-look and the way that the light plays off of the patina on the clearcoated steel finish. My favourite thing is that you can see the original Claud Butler script logos on the downtube, outlined in nice patina.