Thanks Bob, upon further cleaning and inspection of the outer cover there are some pin holes. I thought that might have been why after I saw them.
And yes I know what you mean by clean the water jacket especially around cylinder #8 all the gunk collected there. What a mess some 80+ years can create in there. Lol.
But I now have one more question, I noticed the screw holes for the cover go completely through the side wall, but some had, either by factory or some one in the past, what appeared to be welded nubs at the back of the screw hole. I assume in an attempt to close them from leaking. Should I as well try to close off the back of the screw holes, or will thread sealer work just fine??
Thanks again for your reply, that definitely helped and clarified things for me.
Nick