New Bike, What is it?

[ulo]

Hello all, I'm brand new around these parts and need help! A friend has given me a bike that has been sitting in his garage for the last 8 years untouched. I know nothing about the bike. Can anyone help?

http://www.oldminibikes.com/forum/photopost/data/1130/medium/IMG_2767.JPG

http://www.oldminibikes.com/forum/photopost/data/1130/medium/IMG_2765.JPG