The deals come to those who wait...
Shibaura SD1400B, aka a Ford 1300. Shibaura made Ford's sub-compact diesels for several years, may still.
14hp two cylinder diesel, 4x2 (possibly 4x3, won't know til I get it running) transmission. 3 point hitch, 2WD and some SERIOUS Rice tires on the back.
Front tires are shot, rear wheels are locked up. Assuming it's brakes rusted to the drums but won't know until I get it apart. Antifreeze looked good, rear end oil looked good (good enough that I saved it and will filter and re-use) crank case was full. I'll drain the diesel and replace it along with a new filter of course. Oil bath air cleaner. Cup was empty, hope it didn't run a lot that way. 380 hours on the meter. Good straight tin with just a little surface rust. Seat shot, looks like a cobble job anyway.
All-in-all, for $250 I think I did okay unless I find something serious internally. They did say they had the engine running but "it wouldn't move". Any number of reasons that could be.
First goal is to get the rear end freed up.