It wasn't in great shape when it arrived:
With the help of the legendary Frank Ford and the fine folks at his repair forum I learned that this instrument was made in the 1920's, and that this meant it was put together with hide glue and finished with shellac. Hide glue holds wood together very well and releases with heat and moisture. So, it was easy to take it apart and glue it back together:
Lately, she has become a fan of the ukulele and pony banjo, which made me suspect that this old guitar was not getting much playing time. So, I offered to buy it back from her. This week, we sealed the deal when I handed her a check and we sat down and played and sang "Milwaukee Blues" and "Blue Mountain Lake," she with her little, nylon-string banjo, and I with my guitar.