Cast Iron Fraternity Paddle Bottle Opener made by L&L Favors. It is a customizable novelty item produced for various fraternities and events, with this specific one commemorating a "Pledge Formal" in 1954 for the "PHI KAPPA S chapter. These items were often called "Handy Hans" or Freddie Frosh" figures and produced from the 1930s thru the 1950s.These pieces were popular fraternity and sorority memorabilia during the mid-20th century, often customized with chapter and event details.