Gotta Love Finding Old Schwinns in the Garbage!!

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Looks like it has been outside for a while. Literally pulled this out of someone's dumpster. Unable to locate a serial number as it looks like it has been repainted and it is getting dark. I will look more closely tomorrow. Will look cool in my basement as is. I would guess 1960s? Anyone have any thoughts on what it is? Thanks.
 

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Large badge and chain guard (if original to the bike) say 1959 to me.
 
Most likely a 50's, 3spd corvette , jaguar ?,
Bridge on the rear seat stays indicate it would have had brakes originally .
 

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