Galoots,

Jim Erdman solved the riddle.  It is a Vesco tool.  He even found one 
on -bay.
http://tinyurl.com/2hws3m

Using the patent number Jim gave me (2377462), I found this patent which 
says it was to be a burring tool.  I took a closer look and found "Wesco 
Co. - Licensed by Murray" on mine.  The patent says it is a burring 
tool, and shows it with a short burring bit in the patent drawing.  Mine 
obviously is set up to bore rather than burr, and the one on ebay 
doesn't have anything in the chuck.  Until I am proved wrong, I will 
continue to consider it (in my configuration) to be a leather working 
tool - like a powered awl.
http://tinyurl.com/yp67yw

Frank Sronce (Fort Worth Armadillo Works)

 

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