I believe that it reads as "P Margaret". Estimated Age: Circa 1930's - 50's. This is quite a large piece. Size of canvas 30" x 40" Framed size is approximately 39" x 49". In my personal opinion, the painting is in good overall condition for it's age.
It shows some normal signs of aging which are completely normal for a painting from this era scratches, some light craquelure in a few areas, color loss, etc.. The frame is vintage / period matching (very valuable in it's own right). It shows some normal wear from use & display dings, scratches, scuffs, a few chips to the gesso & gilding, etc.. Structurally it's a very solid frame - ready to hang & display. Please refer to photos, and judge the cosmetics based upon your own personal preferences.
The item "Vintage Fruit & Flowers Still Life Art LARGE Original Oil Painting in Gilt Frame" is in sale since Friday, March 26, 2021. This item is in the category "Art\Paintings". The seller is "decal_universe_inc" and is located in Daytona Beach, Florida. This item can be shipped to United States, Canada, United Kingdom, Denmark, Romania, Slovakia, Bulgaria, Czech republic, Finland, Hungary, Latvia, Lithuania, Malta, Estonia, Australia, Greece, Portugal, Cyprus, Slovenia, China, Sweden, Thailand, Belgium, France, Ireland, Netherlands, Poland, Spain, Italy, Germany, Austria, Bahamas, Israel, Mexico, New Zealand, Switzerland, Norway, Saudi arabia, United arab emirates, Qatar, Kuwait, Bahrain, Croatia, Malaysia, Brazil, Chile, Colombia, Panama, Jamaica, Barbados, Bangladesh, Bermuda, Brunei darussalam, Bolivia, Ecuador, Egypt, French guiana, Guernsey, Gibraltar, Guadeloupe, Iceland, Jersey, Jordan, Cambodia, Cayman islands, Liechtenstein, Sri lanka, Luxembourg, Monaco, Macao, Martinique, Maldives, Nicaragua, Oman, Peru, Pakistan, Paraguay, Reunion, Viet nam, Uruguay.