A series of Seven Dwarfs glazed ceramic pencil holders was available at Disneyland in the 1960s. The figures measure around 4" tall . Sold separately. Walt Disney Productions. Made in Japan. The front base of each either reads, Disneyland or May I Hold Your Pen.
"May I Hold Your Pen" figure. Disneyland logo printed along top of hat. This actually looks like Happy to me, but Hakes calls him Bashful.
A couple of these guys and a Doc were pictured on page 865 of Hake's Official Price Guide to Disney Collectibles, 2nd edition, 2007.
This was one has been referred to as Happy by online sellers.