Congratulations on your accomplishment! Sounds like it will be a fine tractor for you. We had a 560 when I was growing up. I think the PTO lever design is similar. It needs to be locked down in the OFF position or the PTO may continue to rotate. I am guessing you just need to lubricate and loosen all the linkage to make sure everything is freed up properly.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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