Dude it sounds like you have water trapped in a bearing or the brake housing. If your IH 504 is like my Farmall 504 the brake disks are directly tied to the pinion shaft. If you have moisture/water in the housing/cover that would definatly cause one side to "lock up". I find this more likely than an axle bearing. Pull the RH brake cover and inspect. If water has been there, clean it all up good and silicone the cover when reinstalling. Also make sure it has the rod boot installed as well as in good repair. Those little boots cause me a lot of grief before I replaced mine. Good luck.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let�s make one more addition to our series on hydraulics. I�ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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