I'm calling it a long term loan.
There's already at least 1 Jacobs chuck for the tailstock. I think there's an adapter, if not a Jacobs chuck too, that fits the headstock taper.
The tool bits that are there, feel free to do with as you will. They can't be made much worse by someone learning to grind them.
I'm fairly certain that the headstock belt is the original belt, and it's older than I am.
Aside from cleaning, oiling, and tightening all the lathe needs to be useful is new belts and sharp tools. Everything beyond that is gravy, in my estimation.
I plan to be there Wed, for real this time.