Three symbols on an old cedar tree.  Franklin County.  February 16, 2004.  5:22 p.m. EST.

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Photographer's comments:
     My best guess is that this is a memorial to someone who died in a traffic accident at this spot, which is at a sharp curve on a narrow country road.  I could only speculate, but won't, on the meaning of the cross and the two flags, and why they were combined to make this enigmatic display.
     Coincidentally, I totaled my pickup truck in 1998 on this curve, hitting a tree about 40 feet from the cedar in this picture.  
 
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More location information:
     
About three miles west of Frankfort on KY 1005, which is locally known as Devil's Hollow Road. 
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Posted February 16, 2004.