Grandmother's house

I visited my grandmother this weekend. My brother and Aurelia, my sister-in-law, were there with their kids, and so Grandma got out some of the old toys.

I almost cried from nostalgia when I saw this guy:



My siblings and I had a twin of this horsey when we were kids; his name was Grassy Gullet because he had a square hole in his neck into which we stuffed grass. Um...I am not sure why.

Also: A MYSTERY!! In Grandma's garage:



A very nice tool caddy made by my grandfather.

BUT WHAT IS THE MEANING OF THIS LITTLE NOTE!?



Grandma?