Actually, if you want this engine to run right, you are less than halfway done. You really need to pull the shell and pull the motor. The bearings at both ends of the shaft where it goes through the motor mount are bone dry. You need to pull the bearings out, clean the gunk out of them and their housings, and repack with a high quality grease. You do this, and the engine will run forever. If you don't, you will find that after a half hour or so of steady running the voltage will need to be increased to keep the engine moving. Eventually it will barely crawl. Take it off and cool it down, and it will run again, for a while. Do the grease job, and it will stay running.
BTW, the early Reading T-1 has the same issue. It has the same drive mechanism.
Chris
LVHR
