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The hanger looks as though it's welded on, rather than brazed, which suggests it wasn't done by Gillotts. On the other hand, the undersized mudguard eyes do look Gillott.
Given that this could only have been intended for use with a derailleur, and a bolt on hanger wouldn't work very well (you couldn't drop the wheel out without removing the hanger), I wonder if this originally had a Simplex hanger and has been converted to Campag.
However you look at it, it's an interesting early version of a vertical drop out.
clubman
Odd, looks like rotated fish tail track dropouts with hanger brazed on?