A 1950 might have a splash-oiler 235, but if it's had a newer engine transplanted, no. Once an insert-bearing engine starts knocking more than a slight rattle, there's usually crankshaft damage. If the engine is a 54-up 235, count on a rebuild, and possibly a replacement crankshaft.
Jerry



"It is better to be silent and be thought a fool than to speak and eliminate all doubt!" - Abraham Lincoln
Cringe and wail in fear, Eloi- - - - -we Morlocks are on the hunt!
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. - Ernest Hemingway
Love your enemies and drive 'em nuts!