Bottom 3 panels heavily restored by the great Gordon Christman.
From Alter Ego #17 (2002): When Gill Fox sold John Yon the original art to this Fine page from Smash Comics #31 (Feb. 1942), the one-time Quality artist/editor wrote: “The enclosed Lou Fine ’Ray’ splash is absolutely pure Lou Fine. ’The Ray’ title lettering is my lettering!” Undoubtedly so—but A/E’s associate editor Jim Amash is convinced that another, less polished artist did some of the penciling in the trio of panels at bottom. “Just look at the perspective in the first panel!” Jim insists—and indeed, that small table in the background couldn’t be standing in that relation to the desk in the foreground unless there’d just been an earthquake! Most likely Fine counted on tying the
whole thing together with his inking.
The splash panel was the cover to Alter Ego #17 (2002) and the entire page was printed on page 3.