Michele Francesconi said "... says Lygie - St Etienne on the head tube badge. I always thought Lygie was an Italian brand. Someone that knows more about this old brand?..."
The CR archives at http://search.bikelist.org/
"lygie" and "etienne"
you will find Steve Maasland telling CR what he knows about Lygie history with respect to France.
..........
Peter Brueggeman
La Jolla California USA
4peebee(at)peterbrueggeman.com