Titles carried read "Fed. de Coop. Pesq. Baja California F.C.L.", which is an abbreviation of this organisation's full name. The full name is shown on the tail (prefixed by "Transporte Aéreo de la") and roughly means Baja California Regional Federation of Cooperative Societies of the Fishing Industry. It was formed in 1940 and was also known then as FEDECOOP. The aircraft was already wfu at the time of the picture.
This photo was added on 29 January 2023, and has since been viewed 504 times.