OK. Obviously it's vital.

I'm suspecting it's holding a cable or wire somewhere.
I'm sure I'll spend hours trying to find where (NOT!).
The old stuff is definitely fun. At least they have parts I can lose, which is more than I can say for newer stuff.
Must be why I have so many of the darned things.

Well, it's black now. I have yet to find any other color anywhere else. But, you never know. 75 years is quite a while for a motorsicle to stay unsullied.