Nope, it won't hurt anything, except maybe the paint job when it overflows. You can have the reservoir full right to the brim if you want, just remember oil expands as it heats, and when it comes back in under pressure, it can splash.
What will hurt the pump is running the reservoir dry.
Loaders from the era have very long one-way cylinders that take more than 6 quarts too. The tops of the cylinders are used as supplemental reservoirs so when the loader goes up, they push more oil into the belly pump, and when the loader goes down, the full reservoir pushes oil back into the cylinders.
I thought the belly reservoir was pretty well full when the dipstick said full... Looks like a gallon tank would be more than enough as a catch tank, and would be very easy to hide under the gas tank.
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Today's Featured Article - The Cletrac General GG and the BF Avery A - A Bit of History - by Mike Ballash. This article is a summary of what I have gathered up from various sources on the Gletrac General GG and the B. F. Avery model A tractors. I am quite sure that most of it is accurate. The General GG was made by the Cleveland Tractor Company (Cletrac) of Cleveland, Ohio. Originally the company was called the Cleveland Motor Plow Company which began in 1912, then the Cleveland Tractor Company (1917) and finally Cletrac.
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