Join Date: Apr 2007
Location: Syracuse, NY
Bikes: 2008 Novara Randonee - love it. Would have more bikes if I had time to ride them all. Previous bikes: 1968 Motobecane Mirage, 1972 Moto Grand Jubilee (my fav), Jackson Rake 16, 1983 C'dale ST500.
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if that washer is separate or is attached and rotates freely, and also has serrations where it meets the frame you should be ok. If the washer is an integral part of the nut then I would add a serrated washer.
**Actually that dropout looks like it might be less than smooth. If badly damaged it may not hold well.