1 .Those amplifiers were likely installed in a rack in the utility closet of a large building, connected to those round 8" speakers in the ceiling and everywhere else for PA duty and operated constantly for many years. Most likely the coupling capacitors got leaky, the tubes conducted too much, then they cooked until the tubes either became totally weak, or something else burned out. Hopefully not the transformers, so check those first.
2. The carbonized parts of the terminal strip have to be addressed, once burned, it can become conductive, so that definitely needs to be dealt with before operation.
3. Gotta love the quality.. that's some good old USA workmanship and parts. Clean the chassis, paint the transformers with some barbecue paint, it'll clean up really nice.