Thats the parking brake lever. If the owner didn't know what it was for, then you can pretty much assume that it is non functional(froze up).
You would have no way to stop the tractor from rolling, unless you shut it off and put it in gear. This can be a real pain if you're doing a lot of hooking and unhooking of implements.
Its not an easy fix either. The entire transmission top cover with the three point arms and all needs to be removed. Then there is a brake band inside the tranny that needs to be replaced (no fun to remove either).
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Today's Featured Article - Talk of the Town: What's in Your Tractor's Toolbox? - by Staff. This recent discussion on the Tractor Talk discussion board here at the on-line magazine drew so much response and proved to be so interesting that we wanted to share it with you here. The names of the people participating in the discussion have been left out to "protect the innocent" (to quote a once-popular television series).
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