It's an old Porper. They just came with sherline motors. It was Mostly used in pool halls to work on house cues from what I know of them, but some used or made drives to do 2 piece cues, and It may have had other functions as well. The tailstock basically works as a carraige, so to speak. The tool in the first picture is what You would use to turn tenons, face ferrules etc., but You are limited to the travel of the tailstock. The other tool with the ball on the handle is a radius tool for tips. The lathe doesn't have a jawed chuck. It uses a Brass compression style closer with a delrin collet to hold the cue.