Well, I'm surprised you didn't start with the oil change. My first thing on old stuff. It seems that all your posts are a surprise to you. Fair enough. There is a long standing approach to old engines. Nice to think they will start - unlikely to happen. You 'just' discovered that the distributor was a rusted mess, so I am guessing you don't really have a viable plan - no offence intended. The start is, check/change oil (all of them), check all ignition parts, check clutch and gearshift . If the pictures you showed of the distributor, are (obviously), accurate, then there is MORE downstream. I was very lucky when I bought my '53-60 in Oliver B.C., $400, 2 hours and drove it on the back of the truck. Still with me - $3,500 worth of overhaul and paint.
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