Hi Phil,
I got the machine for free some 30 years ago from the company my father worked for and which was closing down. At the time I didn't really need it but it was too good to miss. It came with the standard vertical head, slotting attachment, two speed motor and it had the roller bearing upgrade for the spindles. We connected to a static three phase convertor but it never really worked very well and the machine soon fell into disuse, it wasn't really touched for 25 years.
I have the receipts for when the machine was first purchased in the late 60's. At the time the total cost was £1900 which Google tells me is over £30,000 in todays money.
But now I am restoring it, new motor with VFD, freed up the X and Z travel and generally degreased it. There is really nothing wrong with the horizontal head, I was just wanting to take it off to see what was inside. So now on the basis of if it isn't broke don't fix it I am just going to put it back together. I can then get on with sorting out the VFD, never had one of those before.
What am I going to make on it is the question my wife keeps asking. At present I haven't a clue apart from possibly making a new toolpost for my Southbend lathe.
Thanks for everyone's interest.
Bob