Nice find!* Just a suggestion, but check out
www.p15-D24.com. This site is dedicated to vintage mopars. These folks have been a tremendous help to me in my efforts to get my P15 (1948 Plymouth) in shape. And it won't be original when I'm finished. You may get differing opinions on whether to restore or rod, but these guys know their mopars, and will be more than willing to offer their suggestions and advice. It's well worth your time to have a look