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@Fox
JC Penney is a US department store, in the 60s they sold bikes as part of their 'Foremost' branded range, which also included clothes, shoes, tools, bowling balls, and even guns and bows, apparently. The products were typically reasonable quality lower cost goods from major manufacturers. They didn't make them, somebody else made them and they rebadged them, so it would be impossible to find out anything about it really unless you could work out who made it.
Looking at it your best bet for doing that would be to try and find out which manufacturer used that chainring pattern.
As far as I know they never sold stuff in the UK, so it's interesting that it is 'over here'.