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welcome to the barn
i seem to be a little confused as to why you decided to pull the engine. it ran 35 years ago but wont start now, did you check for a spark or fuel issue? the broken head stud can be repaired without pulling the motor. a common issue on cars that have sat are oxidzed points and bad fuel... another common problem is when individuals try to start a car on bad old fuel it hangs up the valves like syrup...