Thats the parking brake lever. If the owner didn't know what it was for, then you can pretty much assume that it is non functional(froze up).
You would have no way to stop the tractor from rolling, unless you shut it off and put it in gear. This can be a real pain if you're doing a lot of hooking and unhooking of implements.
Its not an easy fix either. The entire transmission top cover with the three point arms and all needs to be removed. Then there is a brake band inside the tranny that needs to be replaced (no fun to remove either).
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Today's Featured Article - The Ferguson System Principal An implement cutting through the soil at a certain depth say eight inches requires a certain force or draft to pull it. Obviously that draft will increase if the implement runs deeper than eight inches, and decrease if it runs shallower. Why not use that draft fact to control the depth of work automatically? The draft forces are
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