Hello, mattconrad5150

If you are working with a 3-speed, it is not called an SM420 (which is a 4-speed transmission). Internal parts and most gaskets/seals for are different for 1953 truck 3-speeds and 4-speeds.

http://chevy.oldcarmanualproject.com/chevyresto/53153.htm

Your transmission's model code/name/number might be SM318 (but I am not sure about that for the enclosed drive-shaft 3-speed)?