Jesse: I'm not sure this can be achived. One could convert a 1486 by just using IPTO from a 10, 9, etc., however 1586 is not exactly same rear end. It may work, not certain.
It would be much cheaper to install a 540 adaptor on 1586 - 1,000 RPM shaft and run it slightly over 1/2 throttle. It will still develop 90 hp and that is all 540 PTO will stand anyhow. This is why 1,000 RPM was developed in the first place, 540 will not stand torque of big hp.
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