Useing an arc welder

Hey guys, I got a welder from my grandfather a couple of weeks ago. When I picked it up, I found that it was an arc welder.

Question #1: Will this work as well as a mig welder for bodywork?

It has the 220 or 240 volt tri-slotted plug like an old clothes dryer but my home doesnt have the correct outlet for it.

Question #2: Does anyone know where I can find an adapter to plug it into a 110 volt plug?

Question #3: Is that possible?:scratch:

Thanks for your help guys.