Congratulations - you found what is called a Zetron 6/26 system. This is typically used for fire hall alerting.
The Model 26 sits at the dispatch side. This unit communicates to the various endpoints using FSK data bursts.
Each fire hall will have a Model 6 terminal. These units will respond when polled with a corresponding FSK burst acknowledgement. If a station is missed, the M26 will beep and the dispatcher will immediately know a station is offline.
On some systems the fire hall alerting audio will come through on this channel. The data bursts will subside, open the PA amplifier and the dispatcher can talk though the speakers in the hall.
The Model 6 has acknowledgement buttons that can be used to acknowledge the call. There can also be contact closures wired in to control local devices. Optionally a handset can be connected to the unit, and can be used to talk back to the dispatcher.