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On the sign:
סמל העיר תל אביב בבית זה חי שחקן התיאטרון הלאומי "הבימה" ארי קוטאי תר"ס-תש"ם, 1900-1980
THE "HABIMA" THEATER ACTOR ARI KUTAI LIVED IN THIS HOUSE
The sign is in the house where Ari Kutai lived - theater actor - born in Odessa, Ukraine (1900-1980), immigrated to Israel in 1921. He was one of the founders of the The Eretz Israel Theater (HaTai). From 1933 until his last day, he played in the "Habima" theater
The following photo taken on the same day shows the location of the sign and the building Click for a larger image