After thinking about it a lot, I have come up with this. It is a basic sketch of a drive train in a power king. I drew it with two transmissions, because if I had a choice I would use one that had that option. The only difference really, is that the drive shaft between the rear trans and differential would have a gear on it. The gear would then have a chain going to another gear that would be on a PTO. Engage the PTO and it would put power to the drive shaft going to the front wheels.

I also drew up a better picture of how power would be transferred to the front differential.

The differential I used for the front would be the same as the back, and the gears with the chain would be the same size. This way, I would not have to worry about having all kinds of gear reductions. Well, as I wrote this out... I remembered the front tires are smaller then the rear tires, and this would have to be compensated for. I guess I would need different gear ratios after all!
I would use an electrical PTO. That way engaging would be as simple as a few wires and a switch, and I would not need any linkages or levers or springs and such.
The hardest part (I think) would be figuring out the steering components. Since the whole front end would need to be engineered all over, why can't power steering be a possibility? Any other ideas?
This is not a project I plan on doing right now, but I am serious about doing it. It will be at least a year before I can do it. The reason I want to wait a year or so, is because next year I will have more "play time" in my welding class to make parts I may need. Also, next year I will be learning in the machine shop and I will be able to make needed parts in there myself.
Of course, buying all of the parts new would be very pricey. I wanted to start brainstorming now to see what I might need. If I know what I need, then I could at least look out for something useful... at a cheap (or free) used price.