In deference to the multivib debate and stepping in with trepidation, I don't see a multivib there either, so I redrew it as one normally sees a multivib drawn, with the bases of Q1 and Q2 facing each other, and nope, not a miltivib. What is it? Heck if I know but I would guess it was intended to oscillate and maybe it was intended to be a multivib.
So mysteries remain... did the OP get the schematic right, which might suggest the original builder did not get the build right. A real possibility that might explain finding it unused (in the junk drawer maybe?) all these years later. Or did the OP get it wrong and maybe it is a multivib? There are the right number of Rs, Cs, and Qs (ignoring Q3) but in the wrong places. There are no inputs, which points to oscillator. Q3 buffers the output (also pointing to oscillator) and questionable values for Rs (non-standard as in R1 and R4 way too high value unless Q3 is a Darlington). C1 runs from base to base of Q1-Q2, C2 from emitter to emitter which I think would kill any attempt to oscillate.
To the OP: I suggest you take a look at an astable multivibrator topology on any number of websites and see if you can organize your schematic more like that, if you can. In the process you may find you made some mistakes, or that you got it right and your grandfather did not. Whatever the case, isn't wonderful he left you with this mystery to work out, and that you care enough to try to figure it out?
Bo Deadly gave you some good pointers on how to redraw it. That explains why I did not post my redraw; I did not want to push you too hard in any one direction or take the fun of figuring it out, but if you request I will post it. I believe I have a faithful redraw of your post #8. I think you are finding that back engineering even simple stuff is hard. We've all been there. I can throw you a few more hints if you want.
One last suggestion: Don't expect this thing to work or to become something it is not now.
Good luck, and Live Long and Perspire!
Edit: removed embedded link. Imjur and my browser both barfed on it.