Took the side inspection plates off and cranked engine and the valves were moving up and down. So , I decided to go with the explanation that Merle presented. We kept on cranking the engine and lo & behold , a couple of cylinders fired off. We got it started and it was clacking for a hot 2 seconds , then quieted up. So, Merle was spot on. The old oil was hanging up the valves.I'm in the process of draining the old oil and putting in some light wt with a quart of Marvel's mystery oil to loosen everything up. Once I'm satisfied everything is ok, I will drain and replace with fresh oil. I would have never suspected the oil. Just proves that no matter what the oil looks like, if it is old , it has probably lost some of it's properties and needs changing. Lesson learned.
Thanks to all who responded.