Worked on the magneto today. Not done, but got a good start.
Found the Johnson specs for the condensers, and they should
be .22 mfd’s.

The original rectangular ones measured at .23 mfd and the
"added on" parallel wired condensers measured at .21 mfd’s,
for a whopping total of .44 mfd’s.
The points were not pitted, just full of powdery oxide.
If the carb job was buggered up the same time as the extra
condensers were added, it probably never ran again to "pit"
the points.

I presume that this is the original magneto, and therefore surprised
to see that Johnson was using that P.I.T.A. little clip holding
to points on way back in 1932!

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