Spent a bit of time, cleaning up a drill...including fixing it's chuck....The chuck uses a plate to push the 3 jaws up, and tighten on a drill bit..Shined up and oiled in all the proper places..

Appears to be a Goodell Pratt Co. Model No. 5-1/2 B....as it does not have the Hollow top handle.   Later versions also got rid of that huge side handle. 

Someone had to replace the thread part on the long handle.....with a square-headed bolt that runs all  the way through.   I didn't really like the square part...a few minutes at the grinder changed it to a nice rounded shape..

 

Both pinon gears are a bit close together..with a cylinder in-between.  Drive gear has two sets of gears, too?

Then you notice a button....with "High Speed" and "Low Speed" engraved on it....seems you pull out the button, turn it to either of the "speed" settings, and it will Shift gears....IF the button doesn't get to the notch....drill will lock up.   It took a bit of fussy stuff to get that button to move to each setting freely...seems to work a lot better, now...

 

That is not a small drill, either....can be used just like a Breast drill..not counting a bit in the chuck..this thing is just over 15" Long.    Chuck will hold up to a 3/8" round shaft drill bit, too.  It also has the patent date on the shell of the chuck...and the name and address of the Company that made it.   

 

Need to put this away...as I have need of the bench under it.    Also needed to clean up the bench..

And level out a few high spots...seems the bench top has a couple knots in it....

 

So..now I have an eggbeater drill ( Handyman 1220) that I can change the "Torque" setting by shifting the crank handle.   Now I also have one I can change the speed setting.

 

Seems I am collecting Goodell Pratt Co. drills?   And, since Millers Falls took over Goodell Pratt about 1931...and kept making some of their drill models....Hmmm..

That drill is really cool. Never seen one quite like that.

Looks like the side handle isn’t original, which would explain the square bolt head.  From the 1926 catalog. 
 

Earlier version DID have that LONG handle...BTW..Chef's Hat came latter..

1907.  I still think the shape of the side handle calls it out as a replacement.  
 

Very unique looking drill. I notice the support under the upper handle looks heart shaped.