Had to study it a while but I'm guessing this is a small vending machine designed to also dispense napkins. The wooden inserts propably have springs behind them.
Age is confusing, components look to be 40's to 50's but a quarter would have bought you a whole pack of smokes back then.
Would go nicely displayed next to a Swami napkin dispenser.
I can't imagine the cigarette girl with one of these on her belt.