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Item for sale by George Langford
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Small half hatchet made by Charles Hammond of Philadelphia before 1900 - Misc-17
Price: $25.00 plus shipping.

It's also called a lathing hatchet; for a completely different style of lathing hatchet by the same maker, see: Htch-04


 
The maker's mark is "C. HAMMOND/ PHILA." over, "CAST STEEL," and the size is, "2."  At right it is clear that this wasn't very good steel ... The Directory of American Toolmakers, edited by Bob Nelson, states that Charles Hammond was a Philadelphia maker from 1869 to 1908 and that tools marked as shown here were probably made by Charles before 1900, when his son joined the business.  He often abbreviated Philadelphia, " PHILADA."
The handle looks old enough to be original.