I just recently bought a (1961?) Evinrude Model 50525 75 HP outboard and had a few questions about it. Last night i put it in the down position on my boat and after a while there was what looked like oil dripping from it, is that really bad and is the engine salvagable. The top end has been rebuilt recently but im not sure about the bottom. I havent try to run it yet, because i want to make sure it is in good shape. How is that engine overall? This is my first boat and i dont know much about them. Thanks.