-----
you do not mention the drilling, nor the planned lacing pattern
the Atom drum brake hub has a flange height of 89.5mm
nominal lengths for a 26" wheel:
for a 36 hole hub with three cross lacing the length would be 280mm
for a 36 hole hub with four cross lacing the length would be 295mm
for a 40 hole hub with three cross lacing the length would be 275mm
for a 40 hole hub with four cross lacing the length would be 289mm
the above values are nominal for a 26" wheel
from these must be subtracted the rim correction factor
correction for the Schwinn model S-2 wheel rim:
the Schwinn S-2 rim has a rim correction factor of -26 so reduce these values by that amount
---
tip:
the Maillard factory in Incheville France which produced the hub closed in 1991 so if spares should be needed down the road they may require a bit of exploring to locate
-----