What I like about this logo would be that the designer used serif and sans serif fonts, because they really complement each other. But one thing that I dislike would be that the designer put LAUR DRAE & COMPANY in the middle of the logo.
MY COMMENT: This would work nice in a carpet design. "Every summer the small Swiss town of Vercorin offers up its public spaces and buildings to artists to create contemporary works of art. This is Lang/Baumann‘s 'Street Painting