M for ?????

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I posted this in Fresh Finds but thought I would put it here too seeing as I have no idea what it is. The decal on the head tube is hard to read and there is a M on the tank. Murray? Montgomery Ward? Monark? Anybody know what I have here?

RedLodgeandBridger007.jpg

RedLodgeandBridger008.jpg

RedLodgeandBridger009.jpg

RedLodgeandBridger006.jpg
 
Looks like some Monarch shaped features to me. Look at the chainguard. I see some of thier design lines. ??????????????????????????????????????????????????????????????????????????????????
 
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