I have a (50's or early 60's?) Slingerland 15x12 shell with center lugs that was probably a marching tom - there are no legs and no snare throw or butt. But it TOO has the bearing edges cut into it. So that must have been standard with Slingerland back then. Maybe their 15x12 were usually used as marching snares so they turned a bunch out of the factory with the edges cut, even if they didn't really need them on the ones that ended up being used as toms.
Also, mine has an "M" stamp but has an original duco paint (blue and white). So duco paint must be another possibility with the "M" stamp.
(political warning!) Finally, a long time ago I used to think there was some difference between the parties, and that maybe things would change when the president changed. But then I found that no matter who was in power nothing really changed, and things just get more and more screwed up. So I've joined the lunatic fringe who will only vote for 3rd party candidates. Of course one will never win - but that just gives me more opportunities for disappointment!