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Can't see your pics, but I'm guessing that the reel and longer line would indicate it's for masonry work. Could also be used for timber framing vs. a spirit level.
Still Learning,
Allan Hill
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I can see the pics. Never saw the tool though.
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I've got literally several hundred different plumb bobs in my "accumulation" and I've never seen one quite like that one. Nice find!
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I don't know if this was ever made, but your plumb bob is real close:
http://www.google.com/patents/US2713211
2 Claims. (Cl. 33-216) This invention relates to a centering device particularly adapted for use in combination with the frame or chassis of a motor vehicle, and in particular a weight in the form of a plumb-bob having a pulley block on the upper end and a point extended from the lower end whereby with the pulley positioned to travel on a cord suspended with slack therein between two points the weight of the device will cause the pulley to travel to a point substantially midway between the two points from which the cord is suspended.
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Thanks for the reference to the patent. There is a hole in the top so the plumb bob can hang normally. When first found it was assembled upside down and looked very unusual. I figured out later the top and bottom were interchangeable. I assume the upside down position was to lower the center of gravity and make it less susceptible of wind. I will post some more pictures tomorrow showing close ups of the reeling mechanism. Thanks to all for the help.
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[attachment=517][attachment=516][attachment=516][attachment=514][attachment=514]Adding additional pictures.
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"Self centering"
Now that could be downright handy.
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