So here is the chair as of now:
I sanded down all the wood. Very quick with an electric sander and stained it with mahogany stain from minwood. Here you can see the difference with just one arm stained. It really made a difference. I think it needs another stain application and then I will seal with valspar, which is not suppose to yellow with age.
Here is the whole thing stained. I think you can see why I think it needs another coat, but still it's alot better. Now I want to remove the bottom cushion and reupholster it with faux cowhide. The problem is this:
50 million rusted little upholstery nails that are just a little too pressed into the wood. It is taking forever to remove them. So once I get that done and reglue some of the joints I think the rest will go quickly. Sorry it's not done yet, it's not difficult just time consuming.