The information card reads:
All manner of sculptural elements decorated the turn-of-the-century BoardWalk carousel to provide sumptuous ornament for the visual feast of the amusement business. Carved by M.C. Illions (see Illions Supreme Miniature in Disney's BoardWalk tower), this figurine originally surrounded mirrored panels and was accompanied by dozens of similar figures. Cast from the circa 1910 original, hand painted and gold leafed.
Pretty right? I love the use of random articles appropriated as art work for the resorts. This is a fine example of theming.