If it's a file holder, it will hold only specific sizes of files - which could be fine, if the application called for a particular size. How wide is the clamping area?
It expands from roughly 3/4" to 1-1/2". Shown here attached to
a 14" mill file. I have no idea whether it would be used at the rear
of the file (thus), in place of a handle; or at the front, combined with a handle;
or in pairs, one at front, one at rear.
Owner-stamped on top: "Packard." In a Detroit context, that has
just got to refer to the (in)famous Packard Assembly Plant.