The "Alice" Area

What does the engraving say?

  1. It is the logo for a Frobozzco subsidiary. 
  2. obo                                 obo
r              z
AGI       becomes     f            MAGIC          z
EL                    c            WELL           Y
o              n
mpa                                 mpa
    or "Frobozz Magic Well Company" as can be clearly read at the top of the well.

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