identification

Picked up my first (and VERY crusty) CWC frame earlier this Fall for $30. Came with a set of 20-gauge wheels, a straight-trussed Shockmaster fork, and a coat of (lo-and-behold) spray undercoating over everything, but no badge (see 2nd photo). Stripping this "finish" away reveals a pitted but...

I picked this little gem from my Grandmother's garage sale a couple weeks back. Never saw likes before. Features great colors, convertible cross bar, apparently Schwinn hand grips, non-pneumatic tires and a Troxel seat. Markings on the chain guard "AMF" and only what i can assume "Junior...