I don't think this is a font - after looking it over - your two "L"s do not match. There are some fonts that are similar - but NOT THE SAME... (I do that for the folks that can't read or comprehend that I am not giving you an exact font.)
On Dafont.com you can find -
Brushtip Travis:
http://www.dafont.com/brushtiptravis.font?fpp=500&psize=l&text=Rally
Brushtip Terrence:
http://www.dafont.com/brush-tipterrence.font?fpp=500&psize=l&text=Rally
Curly Joe:
http://www.dafont.com/curlyjoe.font?fpp=500&psize=l&text=Rally
maybe one of these will be an acceptable substitute.
Your image looks like the letter is on a cloth - which distorts it... it may have been Livery Stable when it was first silk screened.
If you are looking for something similar from dafont.com - take a peek at Intellecta Bodoned Two
http://www.dafont.com/intellectabodoned-two.font?text=e I wonder if this really is a font - or if perhaps it is a signature from Alexis.
If you are looking for something similar
(BUT NOT THE SAME folks who like to say it isn't a match - I know, I know)
you may want to play mix and match from Zapfino Extra.
Not sure but you could try (and I can't see beyond the L as to what the other letters are....)
Century Gothic Bold:
http://myfonts.us/td-OLeU6y
But I think it may be Neutraface Bold Alternative
This should do it for you - just fatten the letters up a bit...
And if you can't find those and want something similar - take a look at El Greco from Berthold....
http://myfonts.us/td-eC0ugu
Modificato su 17/07/2013 alle 23:17 da Heron2001
You are most welcome... you can also thank our buddy, drf... you see, I gave you the commercial link - and he knew there was a personal use of this font here on dafont.
Very nice find pilaster...

I hope you find this. It seems so familiar - especially that "S" but nothing comes to mind. The closest I could find - and this is NOT it would be Lavendar Script - it would have to be heavied up and condensed - but may help you out in a pinch.
But it does remind me of Firlefanz - minus the foofoo-ness.
http://www.dafont.com/firlefanz-demo.font?text=Magyar+falmatriccik
This is NOT the font...
Not the same but similar -
They might have customized this from Avant Garde
If you care to modifiy a font - and don't have Avant Garde 0 take a look at Skarpa... a few erases here and there - followed by a curve for the A (part of an O will do...)
You are most welcome. It was a bit fuzzy - I'm glad they didn't hide it from you.
You are very welcome. Good luck with your project.
Always check the "R" - it is a dead giveaway for font identification.... Qs are not always available for recognition purposes.
Fuso orario: CEST. Ora sono le 16:29