Wetzel,
Very nice find. Hopefully wotan will chime in and help with the translation and his take on it's meaning. I think it says. His Hunters with (very) good aim, For the 100 year Anniversary. Captain Hesse. A lot of members in shooting clubs if not most were also hunters. It doesn't say that it was for a Schutzen Konig or that it was a prize and the dates don't reflect it either for such an event according to the historical record you have. But still a very nice presentation piece and an awesome piece of that clubs history. Best!