Hello there, I've got a real jewel for you here!
My friend in Pennsylvania was at an antique shop, and spotted this tiny Langelier No. 1 drill press sitting in a back room... He sent me this picture, and I immediately asked him to grab it, and ship it to me. I don't have it in my hands yet, but couldn't wait to share it... I'm also trying out a new photo hosting site since Photobucket exploded...

Based on the features it has, like the adjustable quill pathway, the prolific oil wells, and the adjustable stop, I believe this is a pretty high-end machine, and not just a toy replica. Perhaps for watchmaking or some such... But information is very scarce.
I've been doing some research on it, and know that it's from the very late 1800s to early 1900s. I found a few other examples, most notably:

When mine was the only example, I assumed the drive belt went around the spindle, and turned down at the back pulleys to be treadle operated... But the above one shows the pulleys mounted directly to the frame, and in such a location that the belt MUST go upwards, not down. Judging by the oil well visible in that location on mine, I assume this was the original way it was meant to be... But it's awfully small to he line-shaft driven, isn't it? Can any of the great information sleuths find an example of how this was originally powered?
Either way, this baby is going to get a complete break down, and meticulous restoration. This is too much of a gem to warrant anything less :P