Hi, I just towed my new 76 31ft Sovereign
from Toledo down to Cullman, AL. It spent the last 7 years in a farmer's barn! It's in great condition - everything works.....well almost everything. Good axles and no rear-end separation! I'm de-rusting, painting (POR-15) and cleaning. I put new Goodyear Marathons on before I left Toledo and repacked the wheel bearings (actually didn't need it!), and new greese seals.
Take heart, the old trailers are amazing......great construction, and repairable! Get some Vulkem, some POR-15, a few tools and get going!