Hi Cheryl and Jim,
Actually your idea Jim is an excellent one, and I wonder just how many of these were later put to that purpose, but no, not a decanter label, at least, not marketed as such.
Cheryl is spot on as always, it's a bicycle name plate (did people really give their bicycles names? ;) )

Geo. E. Wheelhouse Co. - New York - 1897

Arthur R. Geoffroy - New York - 1897
Trev.