My Dad had one, and gave it to me as a kid to shoot, in the mid-sixties....
It was 45 pounds, and I was told it was dangerous to shoot, but we (my brother and I) shot it anyway. At our draw length then it was probably not an issue.
It looked just as you described....I mostly remember the welts on my arm because I never had a decent armguard at the time, and I shot it every chance I got. I thought the bow was a bit earlier vintage...maybe late 40's to early 50's, as it was my Dad's bow as a kid. I could be wrong though.