The original setup was a 1" diameter Stainless-Steel bolt through the two sides of the keel trunk. This bolt had a hard rubber washer on each side to seal it. We used to have to tighten the bolt about 1/4 turn each spring after lauching to reduce the weeping. After a week or so it would swell up and stop dripping. If you trailer your boat it should still swell up if kept damp.
I have all sorts of pics of our locking bolt, since we modified that (after an encounter with a rock!) but I'll have to see if I have any pics of the pivot bolt.
Using the locking bolt while sailing is extra insurance against loss of the keel.
2 pics fro mthe last time (Fall 2000) that we had to rebuild the pivot area of our keel.
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1970 CAL 21 (sold 2008)
1979 O'DAY DS II
1969 O'DAY Widgeon