Yes If it was me I would stay away from a PT motor on a Victa 24 if I was missing the pulley Norm , just convert the PT 24's to full crank 2 stroke and if I didn't want to spend time looking for a mower etc to get a pulley off ,I would buy a new pulley and adapt that.
I didn't realize you had a Myford 7 Norm ,thought you were using a larger lathe.A new pulley that could be adapted is around $15. posted or possibly find some old car alternators and use a pulley from that.