Hi,
A Cub engine doesn't have hydraulic valve lifters, the valve lifters usually make a tapping sound, but it can be more noisy if the clearances are too much.
The clearance is manually adjusted. If nobody checks them, the clearance can be wrong.
The valve cover is on the left side of the engine, it tells how to adjust them in the Cub owner's manual.
Below is a page from the 1949 Cub owner's manual telling how to adjust the valve clearance.
You need 2 open end wrenches, and a .013" flat feeler gauge to check or set the valve clearance.
The valve cover has a gasket, it may need replacing if you remove the cover.
TM Tractor Parts, near the bottom of the Forums page sells them, you can look at the picture of it there.
If the Cub has had lots of use, and never had the engine rebuilt, it could be the crankshaft bearings are worn, and there is too much clearance, making the knocking sound.
If the engine oil pressure is low when the engine is running, the crankshaft bearings could be worn.
Listen when the engine is running, and try to hear where the noise is coming from, the left side, or the bottom area of the engine. It may be hard to tell.
If the crankshaft bearings are worn, and too much clearance in them, using the Cub that way can damage the crankshaft.
