One of dozens of drawings by this artist that I recently acquired, (ask to see others, not shown in my shop) not many in color, this is a fine image in crayon on paper, 11 1/4" by 15" in the oak frame without mat, signed at lower left by California and Massachusetts listed artist DAISY MARGUERITE HUGHES (1882-1968). Hughes was born and died in Los Angeles but in between she spent much time in the Provincetown art colony on Cape Cod. Considering the subject matter of this drawing, I would think it likely that this is a scene somewhere on the Cape, an image of one of the quiet estuaries, tidal marshes and small boat anchorages that dot that region. There's no date but the paper appears to my eye to be of post-World War II vintage (no watermark visible). Hughes exhibited widely (even at the Paris Salons) and was a member of many art associations. Her paintings of Provincetown houses and streets are quite popular at auction on the east coast, but she is also widely thought of as a Southern California artist. This drawing is in very good condition. See the net for more examples of Hughes' work.