Thanks, Ron! I've been waiting to take the bearing caps off but I suppose I might as well just do it. I have too many projects going at the same time right now, darn it! lol I haven't leveled it up yet, would that effect it when buttoning it back up?
I have done some preliminary research and I think this lathe was probably used in the textile mills around Dillon, SC. I know the original owner's Dad worked in the Mills. I have considered contacting the family and seeing if there might be a picture of the man using it. I am not sure if that's weird but in this day and age you never know.