I obtained this oddity at an antique store yesterday, without a clue as to its intended function (I'm assuming it to be vintage late 1960s). The seller isn't sure the stand is original to the piece, although they were apparently purchased together at an estate sale, and the label is upside down when the piece sits in stand. Any help would be appreciated to solve this mystery.
(http://i2.tinypic.com/r9g8sl.jpg)
(http://i2.tinypic.com/r9g8zm.jpg)
(http://i2.tinypic.com/r9g968.jpg)