Some Tool Grinding Setup Photos
Here are a few photos showing grinding the various angles used on a standard lathe toolbit.  (Top 4 photos).  The two photos above show  grinding a carbide cutoff blade.  The blade is thinner than the opening in the holder, but the locking screws simply clamp it to the bottom of the slot.  I use a diamond wheel for the carbide.  The entire toolholder is slid back and forth manually on the table.  If the hand crank was used, I think I would wear it out.  I put a protective sheet over the table when grinding, to keep grit from wearing on the table surface.