Welcome and congratulations, the Old Town canoe with serial number 150031 is a 16 foot long, CS (common sense or middle) grade, Yankee model with red western cedar planking, open spruce gunwales, half ribs, a keel, and outside stems. It was built between December, 1947 and May, 1948. The original exterior paint color was dark green. It shipped on June 29th, 1948 to the Newark, New Jersey. A scan showing this build record can be found below.
This scan and several hundred thousand more were created with substantial grants from the Wooden Canoe Heritage Association (WCHA) and others. A description of the project to preserve these records is available at
http://www.wcha.org/catalogs/old-town/records/ if you want more details. I hope that you will donate, join or renew your membership to the WCHA so that services like this can continue. See
http://www.wcha.org/about-wcha to learn more about the WCHA and
https://www.woodencanoe.org/pricing-plans/join to donate or join.
It is also possible that you could have another number or manufacturer this description doesn't match the canoe. Feel free to reply if you have any other questions.
Benson