No joke here, but the first l...
No joke here, but the first lounge chair was actually made by a company based in New York called "Frank & Son"
It originally had canvas/fabric based suspension straps that looped through the cut-outs. The notches should go all the way through, unlike the fagas type that used a shallow (usually angled) notch. I believe they made this chair in oak (yours), pecan and walnut (stained).
I've seen
a couple of Danish-made chairs with webbing slots like those. The webbing was Pirelli-type (tan rubber with fiber reinforcement) with sewn casements on the ends. The ends are fed through the slots and a small metal or wood dowel is inserted into the casing to keep it from pulling back out of the slot in the chair frame.
It's a very neat, polished look.
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