Welcome! Looks like a good start. While that looks like a 60's vintage T setup, don't go blowing it apart just yet. Give it a try and see how it works first.
If you read through the posts here, you will find that many wish that they had a manual with all the info for their T-Bucket.
Now is a great time to start this for yours. Each part of the puzzle you can identify, write it down. Ask your friend what they know about it.
You might try lighter springs and get it to work okay. That front spring looks fairly heavy duty too, but wait until the engine and all are installed to see.
Even before that, connect up a battery and check over the electrical, then inspect and bleed the brakes, and check the steering for play. Fix stuff that can burn it or make it undrivable before before launching on a full redo. Once you get the drivetrain in and running, the urge to just take it around the yard or block is strong. Better to have this stuff at least looked over first.
Those look like the old school 1940s Ford front brakes. Here's some info, I'm sure you can find more.
Hey fellas, So I’m tryibg to adjust my brakes because it’s Pulling hard left when I try to stop. I found this online line but would like someone to...
www.jalopyjournal.com
Looks like the 65 Mustang 'fruit jar' single master cylinder on the firewall.
Looks like trailing arms in the rear, split wishbones in the front. Not sure on the rear axle, kind of looks like the Olds under mine.
Looks like American Racing S2000s, often called 'Daisies', 15x7 or 8 front, 15x10 rear. The old Ford bolt pattern is 5x5.5, those may be that or different.
Sure is heavily channeled!