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Bill Gruby
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That bolt allows you to use only one tool closer to the spindle. It acts as a stop so you do not push the tool in to far.
"Billy G"
"Billy G"
It’s to help reduce the spreading of the slot, that’s all. Aloris also used this engineering on there much longer tool holder that has a slot going down the whole length of the holder. When you wrench down on the set screw(s) you can apply a lot of pressure that can easily spread the slot apart. The Aloris holder in the pic below has 3 of those bolts. If you tighten down on the set screws(s) and the holder spreads, then the cutter will be loose in the holder. No matter how tight you make it, the holder would keep spreading more if there was no bolt(s). Oh, and by the way, I like using this holder in the pic when I do large face plate type work. It allows me to easily get to the large OD’s that are close to the head stock…Dave.
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Where I used to work we used 2 tools in a # 6 holder for a part we ran in batches. One pass and done.