Below are the links to photographs of this flag.

http://norris.ed.home.comcast.net/~norris.ed/cit%27sflag1.jpg
http://norris.ed.home.comcast.net/~norris.ed/cit%27sflag2.jpg
http://norris.ed.home.comcast.net/~norris.ed/cit.%27sflag3.jpg
http://norris.ed.home.comcast.net/~norris.ed/cit%27sflag-4.jpg

Any other suggestions as to its purpose?

Ed