So my friend Bill calls and says he has a bike, can I fix it up for him? Sure, no problem, bring it over, sez me...

He said he thought it was someones shop project, and needs help with the headset -
And can I add a Chain tensioner or maybe multiple gears -

I guess it needs a better way to stop, too. Any Ideas on what to do with this thing?
Who says american craftsmanship is dead!