Who has a Milling Machine and Lathe at home?

I bought an old wwII era lathe. Monarch 18in swing, 6ft bed, taper attachment, cam lock chucks. Heavy as hell, built like a brick $hit house. I would guess it weigh's about 7 or 8k #. Don't know for sure. It's 3ph, so I'll have to get a phase converter. I hope it works, cause it is one big paper weight, otherwise.
You lose some efficiency, but some just get a single ph motor & couple it to a 3 ph motor and run the single ph using the 3 ph to generate the power for the machine. I was
told by the power company I would have to foot the bill to run 3ph from the main drag up the hill to My place & mount a set of transformers there, at the time(late 90's) it
was in the mid-$20K's, that wasn't happenin'!!!