Just got back from looking at the tractor. It is an older {1960's ??} gas engine Case O Matic 540. Turns out it is an old friend of mine who is selling it. He picks up a lot of old stuff in trade and works on it, then resales it. They are listing this one on craigslist for $2K, but he said he would take $1800, or even less if it didn't sell right away. It is bigger and older than what I was looking for. Plus I'm not crazy about the gas engine. But it did start right up. The lift didn't leak down on it. The pto and clutch work.
But what caught my eye was a couple of 8N Fords he had under the shed. One of them had 300 on the front emblem. He said it was a Golden Jubilee model. They were both in good shape, but he works both of them, so he wasn't wanting to sell either.
I was going to take pictures, but it was pouring down rain. I didn't want to try dodging the drops with my camera.