Joe,
It's mixed time, 3/4 and 2/4. It displayed OK on my ABC2WIN, after a lot of work. Those mixed time tunes take some extra doing to get them to display correctly in ABC2WIN, and the ASCII looks pretty awkward. After one changes from 3/4 to 2/4 or 2/4 to 3/4 one has to put another L:1/4 back in or the timing comes out all wrong. I seems that a new timing erases the old L: specification.

The tune is leading note and 2 measures of 3/4 time, then 3 measures of 2/4, then 3 measures of 3/4, and ending with 4 measures of 2/4.