Thanks again for all of the info. I took a closer look at the motor and posted a picture of what is inside the side box. Link in this message should take you there.
Looks like capacitors and a reset switch?
That said, will I need an external motor starter for this large of a motor?
More info on motor from name plate:
Century Farm Rated Model K300
THERMALLY PROTECTED PM
INSUL CLASS: B
NEMA DESIGN: L
Some of this is pretty basic and already in previous posts, but wanted to list all that they had on the plate.