First of all dude, not to be mean or anything, but slow down a bit. I had to read your post several times to figure out what you were trying to say. Proper punctuation and sentences don't take that much time to do.
Anyhoo, I can give you some general info, but we need a little bit better description of the radio to know a whole lot about it. What I can say now, though, is that Medco is short for "Moss Electronics Distributing Co." and it's probably from the late '50s. Most small consumer sets were pretty similar in that era, so it'll prolly be a decent little set if you can get it working. And it's great for the price you paid.
Just patching on a new cord isn't a good idea, an old radio, especially one that's been thrown away, is likely gonna need new capacitors and maybe some new tubes. If you're feeling courageous enough, open it up and see if there's anything obviously burnt or broken. That's the first place to start. I don't know how much experience you have with electronics, but the folks here can help you through fixing it if you want to. And welcome to the forums, BTW.