Written in pencil, very faint to the eye, is 8/38, which I am taking as the date this photo was taken. It features a small boy on a small pony with a full sized adult holding the reins. The adult has on a flat crowned hat, bandanna tied ’round her neck, and dungarees. The little guy also has a bandanna around his neck. The building in the background has a tile roof and what looks like adobe walls. There appear to be at least two identical buildings, leading me to wonder if this was a dude ranch or camp of some sort. I have no explanation for the odd trim job on the upper left corner.