I'm not an expert on power line clearance, but here in Nevada, I know of several mills that are installed right next to the power lines. But those towers are taller than the lines, so the blades won't hit them.
If your tower was made by Aermotor, then it was definitely 53' - the chart says the length of one side is 10' 10-9/16". Since your measurement is about 10' 11", it's almost exactly the same.
The usual height of rural power line poles is about 30-40', so if you did have a 53' tower, there's no worry about the blades hitting the lines. However, if your tower was 40' or 47' feet, then you'll want to make sure the blades aren't too close.
Maybe you could even use the future windmill tower as a power line holder...
Not an expert on well cylinders, but here's something I learned from a Dempster manual: "Do not use too large a cylinder. Remember! A windmill with a small cylinder running, pumps more water than one with a larger cylinder standing still."
The 602 and 702 are more time period accurate (and in some ways better) than the 802 - the 602 came out in 1916, 702 came out in 1933, and 802 came out in 1981.