Looks like it is pre 1920 or so, and would probably all work again if you just cleaned, rewired and did a little maintenance.
I used to live in a building built in 1939, which still uses the original FIAM lift motor, gearbox and cage, though in the 1990's we did replace the horridly unreliable Express tappet shaft switching with something more feliable, using an Otis retrofit for the controls. Still uses the original 1930's transformers, some of the relays and control gear in it, as they will last pretty much indefinitely.
Next door is an old 1900 Otis lift, still in use and still complies to the modern standards, though there are some things that are grandfathered in, and you do need to have it ultrasonically checked every 5 years for fatigue, like the modern units.
At work the 1967 Schindler unit is in perfect order, and is the standard local " service example" used for the head office QC inspections every year. There are only a few older units in the country, and they are not in such a good condition.