It was originally sung by Fred Astaire in 1948's film "The Sky's the Limit". Here's the scene of Fred Astaire in "The Sky's the Limit".
It was popularized by Frank Sinatra.
It's quarter to three, there's no one in the place 'cept you and me So, set 'em up, Joe, I got a little story I think you should know We're drinkin', my friend, to the end of a brief episode Make it one for my baby and one more for the road
I got the routine, put another nickel in the machine Feelin' so bad, can't you make the music easy and sad I could tell you a lot, but you've got to be true to your code Just make it one for my baby and one more for the road
You'd never know it but buddy, I'm a kind of poet And I got a lot of things I'd like to say And when I'm gloomy, won't you listen to me Till it's talked away
Well, that's how it goes and Joe, I know your gettin' anxious to close And thanks for the cheer, I hope you didn't mind my bendin' your ear But the torch that I found, it gotta be drowned or it soon might explode So, make it one for my baby and one more for the road The long, so long the road. . .