You cannot accurately re-cut the threads on the axle with a die-nut. if it starts in the wrong place you are going to bugger-up the rest of the thread. You need an old-fashioned clamp type thread cutter which fits over the inner section of the thread and winds off, which accurately re-cuts the thread. As for the nut, by a new one.

Geoff,

Thank you for the help. I believe victor Machinery in New York has a clamp style.

Regards

As it turns out Victor Machinery does not have the clamp style thread cutter that Geoff spoke of. Does anyone know where I can find one? Do any of you have one?

All help appreciated.

I think these people here in California could be of help.
http://www.chaseembacktools.com
They sell sets and individual dies.
Also Murray Tools
http://murraycorp.com/Documents/thread-repair-final.pdf
Hope this helps.
Larry

Larry, thank you I appreciate the leads.

Regards,

Quick update on thread repairers.

Larry Garlock had given me the link to Murray Corp. for split die thread repairers. I contacted them via email and asked if they had the tool I needed to repair the threads on my rear spindle. The response I received was from Thread Tool Supply Company. Thread Tool Supply acquired the "Split Die" line of business from Murray in 2015.
They had exactly the item I needed, their service was excellent with friendly and knowledgeable staff. The split die spreads apart and can be placed on a good section of threads and can then be tightened onto the threads and then turned to repair the damaged section of threads. The link to their site is:
http://www.threadtoolsupply.com/murray-tools-thread-repair-system.html

Regards,

Marvin

Glad to be able to help.
Larry