The C does not have a serif, and the M fills the entire space, touching the top and bottom curves of the C. The opening of the C is quite small, when compared to the other monogram also called "M inside C".
Troy Kinney studied in Chicago and was a painter, etcher, and decorator. Margaret West Kinney studied art in Paris. They married in 1900, and the Kinneys collaborated on most of their book designs and illustrations.