1959 Oil Painting on Wood Board. Signed: MM Art Work on Front and Back of the Board

Vintage 1959 framed painting on a wooden board of a village marine scene.
Unknown artist but it is signed: M.M. '59
On the back of the frame is stamped: "Made in Sweden" which may or may not have any bearing.
On the backside, is an interesting sketch / drawing of a man sitting in a chair.
See: Front and Back Photos with the right photo enhanced for clarity.
You're comments are welcome. Thx