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On the sign:
סמל העיר תל אביב בבית זה חיה מרגוט קלאוזנר מחלוצות התיאטרון הקולנוע ועולם הנסתר תרס"ה-תשל"ה, 1905-1975
MARGOT KLAUSNER A PIONEER IN THE ISRAELI THEATRE & CINEMA AND THE WORLD OF THE OCCULT LIVED IN THIS HOUSE
The sign is on the wall of the building where she lived - Margot Klausner, film and theater producer, born in Berlin, Germany (1905-1975), immigrated to Israel in 1932. Even before immigrating to Israel, she worked a lot for the theaters in Israel, and in fact she was the one who brought the "Habima" theater to Israel in 1928. Founded the film studios in Herzliya, which produced many films and television programs. In addition to theater and cinema, she also dealt with spiritualism and founded the Israeli Association for Parapsychology.
The following photo taken on the same day shows the location of the sign and the building Click for a larger image