This is a Laura Denison Design pattern from 2009 called "Generations". This was a kit which I purchased from Laura at the time thinking that I would give it as a gift one day. It was an easy pattern to follow and could be made in any theme one would like.
If you are interested, go to Laura's Video Archives and watch her making the album.
Video Generations Album
I found it a very relaxing one to make. I could see this as an album to track one children through school as Laura suggests in the video.