As I mentioned in the comments, the V2 power is emulating the control switch, for the simulation - ignore than and connect a real switch between the switch1 and switch2 points.
The RH111 is a comparator included in LTSpice; it's identical pinout and function to the LM111/211/311 devices.
Different manufacturer, different prefix, like LM555, NE555 etc.
If you click on the image then click again, it should zoom in so the text is clear.
Here is another copy anyway; just the schematic part:
Just realised that RH111 only has labels, not pin numbers...
G = 1
IN+ = 2
IN- = 4
Power - (ground) = 4
Balance = 5 (no connection)
Bal/Strobe = 6 (no connection)
Out = 7
Power + = 8
You could use any other similar comparator in that location.
Note the LM311 data includes the 111 and 211 versions; the 111 is something like a military or aerospace quality version, the 311 the general consumer version.