Thanks for posting, Dwayne, and please accept my condolences. I have lost a few friends prematurely over the years, and it's always a tough adjustment, particularly when they leave spouses, parents, and/or kids behind.
The bike is a circa 1972 Peugeot AO-8 (note the low-flange hubs, "sprint" (lower half only) handlebar tape, and lack of chrome on the forks. The 100% French original equipment list would include: tensioned leather saddle, Mafac Racer centerpull brakeset, Simplex Prestige derailleurs, Hutchinson or Michelin 27x1-1/4" gumwall tires, and Nervar cottered steel crankset with either 52-40, 50-36, or 52-36 chainrings, depending on date of manufacture. The freewheel was typically an Atom 5-speed, either 14-26 or 14-28, again depending on date.
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"Far and away the best prize that life offers is the chance to work hard at work worth doing." --Theodore Roosevelt
Capo: 1959 Modell Campagnolo, S/N 40324; 1960 Sieger (2), S/N 42624, 42597
Carlton: 1962 Franco Suisse, S/N K7911
Peugeot: 1970 UO-8, S/N 0010468
Bianchi: 1982 Campione d'Italia, S/N 1.M9914
Schwinn: 1988 Project KOM-10, S/N F804069