June 29th, 2015.
Gimpyrobb:
You got yourself a great deal, you just have to remember that machine could be 75+ years old, and not all machine owners maintain their equipment properly....,. I would have said disassemble (and diagram) in your garage, then soak the parts in engine cleaner (or better yet, put it through one of those machine shop parts cleaner tanks), then carefully reassemble, noting any wear or defects, and cleaning all machined travelling surfaces (post, mainly) with crocus cloth. Use 90-100 wt gear oil lightly wiped on during reassembly, lubricate and you should be good....