No,in answer to did I ever true the lathe chuck jaws .The Monarch has two Cushman precision chucks,8" and 5" three jaw .These have non serrated hard jaws ,reversable and would need to be ground because the jaws are hard as twice hammered hell .In addition they can be adjusted for runout .I can dial them in very closely .
One thing about a pin drive like the D1-3 mount of the Monarch .The master jaws are numbered as well as the bolt ons plus the pins plus the cam locks .As long as you match everything up you can change chucks and they will almost always run true .I've only dialed them in once and that was with a precision ground rod 4" out from the jaws to less than a thou TIR .--close enough for what I do .
In addition to those three jaws I have a Sunnen 4" precision,Craftsman( not Sears and Roebuck) 8" 4 jaw, three face plates .A Hardinge Jorgens collet chuck,A monarch draw bar collett chuck.
I also have an old Boye and Emmes 20 by 48 that is over 100 years old .I must have a dozen chucks for that one .One a 16" 4 jaw I cannot even lift and I've never used it .That old bone shaker weighs over 8,000 pounds .I would not attempt to carve out saw parts on it but it can turn the brake drums of a semi or dump truck with no problem .It normally runs with a 12" 3 jaw.