I am enjoying all the suggestions and am listening closely. Aside from the tail, which appears to be repairable and a good washing, with nominal repairs to the Monocote I think I can have a solid air frame again. The engine may be a good place to start new. My friends are suggesting gas opposed to glow because of the reasons you guys have stated. I will have to concede that new servos may be the best option with the age of the plane.
Being new to the hobby I still have so much to learn. After cleaning the plane up I will be taking it to a local model builder to see if the bulkhead will tolerate mounting gas or even electric depending upon what he suggests. After doing a little research about the history of the plane, at the least I will clean it up and keep it as wall art. Yesterday I went to the field and had a conversation with two of my new friends that they had trainers RTF and at reasonable prices although they are Glow. With 20 mph gusts I declined to try them.