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As far as your lubrication concerns I would say that a good 10W30 motor oil is what the power head needs and a 80/90 weight lower unit oil is all that is needed
Fageol started all this 4 cycle outboard stuff way back in the late 40 s and early 50s using the Crosely engine as a power source the early Fageols were 44 cubic inch , had a 5 main bearing crankshaft, gear driven overhead camshaft, gear driven oil pump and distributor .
As of late I am finding out that they are showing up a lot
I came across a Fageol 44 VIP which stands for Vertical inboard power that was mounted in the boat through a 4″ hole in the hull with a Elgin lower unit on the bottom , the complete power head and lower unit turn on a ball socket to steer the boat
They could be had with a single carb at 30hp, two carbs at 35hp or a Papco supercharger that put out 45hp
I saw the one that I have on Facebook market place in a pile of rust on a pallet , but I did see the supercharger and that peaked my interest so I had to have it
Enclosed is a picture of it completed in a display stand , due to the through the hull application I have no plans to run it in a boat
Since I came across this one they have been popping up like mushrooms
The pictures I have are too large so I will resize and post in another post