The 550 has 45mm offset, the 750F has 50mm and the 750K has 60mm. That might be why it was on the hot rod bike, maybe to make up for trail change due to lowering the bike at the rear?
Answers, I found another 550 top and bottom. The 550 has a shorter steering stem, the weld was done so the 550 triples would fit on a cb750 neck.
That may also be the reason it had ball bearings while his other bike had rollers. The welded stem is still a tad shorter than a 750 stem and it possibly didn't fit with the sometimes, taller tapered bearings.