I'd call it José, but, that's just me with an odd preference for spanish names (my personal nickname is Juan-Pedro Felipe Hernandesz VII, no real reason why).

I don't know. Doesn't look like a "cheap" bike. It's lugged, so, it atleast had a name-brand name and depending on the year, might have been low-end, but, definitely not a department store bike. Single-Speed, Coaster brake, Cottered cranks, correct? Probably british, Raleigh or something. Those chainrings are new to me, though.
Either way, it's yours. Looks like a nice find for $10. I'd love to pick up something neat and simple like that for so cheap. Can't tell you it's a true classic or anything, so, do with what you want, might end up with a neat old mail/grocery getter.
GR