I really need some help!!!

Yes you put it in the right place on the forum. That item is and I  am sure you have figured this out a Leland Monorail set which runs on a overhead rail system. here is a link to some history

http://www.train99.com/ency/leland/leland.html 

it runs on 6 to 12 volts. The problem could be finding a replacement motor or a suitable substitute. If you could find a real good old Lionel repair man in Florida should be possible to get it repaired.

MTH made a very nice traditional ( no fancy modern electronics ) version of this item and they are still available if you look around on the internet. There is one available on "the bay" right now. Since the MTH version is traditional with a motor just like the original you might want to contact MTH repair parts ( before it all goes away ) they just might have a motor. If you need a transformer to power it any modern transformer or an old but serviceable Lionel one will work fine.  Hope this is helpful. Please let us know how you make out.

Frank       

Hopeful son, if you decide to sell the set, as is, let me know

Jim

That looks to me something like a nice restoration project waiting to be engaged.

Hope you can get your family train heirloom repaired! :-)

Maybe check with Hennings, a very reliable forum sponsor!

"Maybe check with Hennings, a very reliable forum sponsor!"

An excellent suggestion Art!

I thought about suggesting that very thing when I posted my response. But since the gentleman mentioned he lives in Florida I thought he might not want to deal with sending the item to Pennsylvania. However Art is right, at the very least give Henning's a call. I too hope that you can get your family heirloom train repaired and running fine once again.

Frank

Thank you all for the help!  I did get referred to Joe Mania as well.  I will look up the Florida connection too!!  Very exciting!