12 Lathe Banjo Tool Holder Base Assembly. Rockwell-Delta 12″ Standard Duty Lathe Banjo in excellent clean condition, designed for tool rests with 1″ post. Used on Delta Rockwell lathes from the 1940’s through the end. Removed from a Model 46-541 Variable Speed wood lathe. Delta Part Number 46-707 Banjo complete with clamping saddle / handles.