In my opinion reads Nico. With such never encountered, but
found in the article about the writer-satirist Kobyakova the following:
"... In the 20-40-X published and edited magazines: satire -" grasp "(6 rooms - from 31 March 1926 to July 20, 1926, the first issue - with A. Shem, and the rest - one DY Kobyakov; work of artists: A. Shem (Shemetova), A. Remizov, A. Yakovlev, FS Rozhankovskogo, P. Minin, R. Pikelskogo, N. Nico. "
All luck.
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