I just won this on eBay! It is a vintage general Store butcher paper holder.
We went to dinner last Sunday at an Italian restaurant that puts butcher paper on the table to keep the tables clean and the kids can draw on. My husband said that is a great idea, we should do this at home! So I went searching on eBay to find a paper stand and viola, I found one! I love the old look and the green is pretty too.