HELP! What is it?

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Picked up this bike today, but not really sure what it is or potential year. Any help would be appreciated.

Badge reads Wards Hawthorne - Montgomery Ward. I think the serial # D72632 (the D might be a 5... Kind of hard to tell).

Thanks!
[URL=http://s722.photobucket.com/user/andrewschlievert/media/image_zpsf0f53e2f.jpg.html] [/URL]

[URL=http://s722.photobucket.com/user/andrewschlievert/media/image_zps9b855388.jpg.html] [/URL]

[URL=http://s722.photobucket.com/user/andrewschlievert/media/image_zps8f0b00ce.jpg.html] [/URL]

[URL=http://s722.photobucket.com/user/andrewschlievert/media/image_zpsa59c2e51.jpg.html] [/URL]
 
Wood wheels or drop centers? Rear Hub Brand and model? These answers might narrow it down a bit more.
 
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