Abstract: A split frame lathe having improved locking, cutting and adjustment capabilities is disclosed. The split frame lathe includes an embodiment having a plurality of internal bearing systems where each internal bearing system includes an eccentric bushing, a bearing pin and a v-bearing. Another embodiment of the split frame lathe may include adjustable leg systems. The split frame lathe may also include a star gear connected to a gear ring where the star gear can be rotated in a first direction and, alternatively, in an opposite second direction. In another embodiment the split frame lathe includes a trip system to prevent damage to the lathe and harm to the operator. The split frame lathe may also include improved locking mechanisms for the gear and base ring and a hinge system. The split frame lathe also may include a counter bore and flange facer attachment.