Good morning to those who are following this thread.
IT'S ALIVE!!!
The past two days have been very productive. Engine pan was pulled and cleaned (baffle removed thanks to a 6 second YouTube video). Side plate removed and cleaned, all the while soaking pistons in Marvel Mystery Oil. Will post some pictures shortly. Cleaned points and plugs, installed new condenser and points cam as old one was rusty. Installed distributor and set timing. Carburetor that was rebuilt by my friend was installed next, along with choke rod, etc. Spun the engine over to pick up some oil. Used a temporary gas tank and after locating a short from the coil wire to another, she fired right up! It blew 51 years of acorns, dust and rust from the exhaust pipe and after maybe 10 seconds of fast idle, ran perfectly at idle. After marveling at this for a minute we shut her down and my friend said "see if she will start with the crank", so with spark retarded one quarter turn of the crank was all it took to start her again! Once the Marvel Mystery Oil burned off there was no smoke or noise. I think we're in business. I have to admit wiping a tear when she started. Remember the last I hear her run I was 7 and my Dad 35, in 1968. He's going to be so surprised!
By the way, this engine has less than 500 miles since new. Serial number is A4849079. I believe I located the pickup's original engine in the barn, if correct it places this pickup at February 1930. Will confirm with my dad later. Might also lift the cab when gas tank is removed to see number on frame.
Now come the brakes. This will include getting cast iron drums and getting my brake arcing machine going. (which at the time of acquisition my wife questioned "why do you want that?, to which I replied "I might need it someday." Guess that day is coming soon.)
Safety Note
As many of you post notes pertaining to safety, here's my tip of the day. There was at least a quarter turn of play in the steering wheel. While working under the engine it was noticed that the drag link plug was missing its cotter pin and the plug was backed out significantly. This must have been in this state during my one and only ride in '68. Glad it didn't come lose then or you might not be reading this now. We tightened it up and now have less than 1/8 of a turn of play. Big improvement and I'm sure there's more to be gained. The moral of the story, don't assume and check out everything before hitting the road.
Thanks again to all who have provided tips and inspiration.