I caught myself in a deja vu moment reading the excerpt from the internet…you stumbled into a piece I put together on Cleveland Welding bicycles that I never, technically speaking, published. The piece is condensed with lots of internal referencing and because I never gathered photos or diagrams to illustrate it I never promoted it. The fact that the All American description seemed similar to your bike illustrates the piece needs photographs as the two are chalk and cheese.
Back in the present it appears you have a bike that was produced by H. P. Snyder. At the time it was made, Snyder was one of the American “Big Three” and may have been the largest of those companies in output (Westfield and Schwinn were the other two)
The general style of your bike is referred to as a Moto-Balloon today and was produced by several manufacturers between 1933 and as late as 1940+ but really lost favor after about 1936 when it was replaced by more streamlined designs. It is always hard to be sure which company produced a Moto-Balloon frame because the style is the most generic style of balloon bike built but the style of the plate crown coupled with other small details (noted by others in this thread) makes it very likely it is a Snyder product.
As a Snyder it most likely dates to 1934 or 1935. Earlier versions would have used 28” single tube wheels and in 1936 the seat binder arrangement was substantially changed to a collet design. The style soldiered on for a while after 1936 but the seat binder was again changed to a raised clamp rather than the stay end pinch bolt design like yours.
I'm looking forward to more pictures after you finish your rebuild.