Looks like a nice lathe. Appears to be in pretty good shape. Like I said, despite the complicated shifting mechanism I thought the ones I used were good lathes. The ones we had were not worn out but they had been run pretty hard and maintenance was spotty. You can probably get it going if you can reasonably get the gear fixed. One of ours had a bad gear(not broken but worn thin) so it was marked on the dial and that speed was never used. Not a fix but it got us by.
Looking at the pictures, the mercury switch is the orange or red ring on the end of the motor shaft. The black box above it has carbon brushes that connect to the wiring. The repair kit we got from LeBlond consisted of a small printed circuit board that had to be mounted in the electrical panel. You would notice it if it was in there. The switch may be OK. I feel sure that the instruction sheet Mr. Honey is sending you should explain it in detail. When I worked with these lathes I got a lot of information from the LeBlond parts guys. They were really helpful.
Those orange gears between the V-belts are what causes the spindle to rock back and forth when you have the control lever in the gear change position. I believe the motor that runs the hydraulic pump has a gear on the back that turns this gear train.
Another thing we had trouble with was the high speed belt. It's that timing belt above the main drive. I believe it only works with the highest spindle speed. We always kept a couple of spares on hand.
Looks like a good project. You will have a nice size lathe if you can get it going for a reasonable amount.
Good Luck!
Terry
Ahh, so it does have the mercury switch. Thank you for all the information. I ordered a manual because I couldn't find a Servo Shift pdf online but I received the wrong one. Correct one is on its way, but in the mean time, 2 questions:
1. To switch between metric and inch threading I manually remove and flip the double gear, right?
2. On the QCGB chart there is reference to "G", a pull out or slide gear on the left. There is a rod with threads on the end, presumably missing a knob, that slides in and out about 3/4". This is "G", correct?
Thank you all for your help.