It's a Ner-a-car, or Neracar in the US, built by Mr. Neracher
("near(ly) a car")
http://en.wikipedia.org/wiki/Ner-A-Car
Regarding restoration i agree, but on the other hand it is sometimes good to have some unrestored examples, because a thorough restoration will not let much original material left. And original old Nitro-varnishes are not produced anymore, and may not be used for obvious reasons..