Hawks of the Seas - Will Eisner - Some of the earliest surviving Eisner Art? - circa 1938 - p121

This is Will Eisner art from WAGS Comics, the Hawks of the Seas. Hawk was Eisner's first major character and it was published in "WAGs," a weekly comic created/sold by Eisner & Iger for the UK, Australia and New Zealand. It reprinted US comics strips BUT had a few new characters with original art. The first new one was HAWKS OF THE SEAS by Eisner.

I believe this is from 1938 and is from the third-to-last Hawks page, page 121 of 123.

Hawks of the Seas was later reprinted in JUMBO Comics.