I was repacking a new-to-me double-fixed vintage BH hub today and soon discovered that one rear cone has no flats...this is similar to some older Raleigh/Sturmey front hubs that also had no flats on one side. The difference being, in this instance, there is no "stop" for this flatless cone to snug up to. The axle threads run quite far along each end of the axle...it's obvious that we aren't supposed to run the cone all the way through to the inside end of the threads.
So I cinched up the opposing cone/locknuts and then took a wrench and tightened the outside locknuts against each other to the right amount of play. This seems odd to me...it's as if we have a floating cone.
Finally, am I correct in orienting this floating cone to the right (drive) side of the bike? I believe this is the proper way to ensure that the cone can loosen, rather than tighten up and lock the wheel and ruin the bearings?