Johnson made some models in the mid to late 1970s that were something like that, having one magneto coil with two sets of spark plug wires, and two sets of points; one set of points being on each primary coil lead to ground, so when one set of points opened initiating spark, the other set had the other primary wire grounded to complete the circuit. My 1976 35 HP Johnson has this configuration.
If one set of points goes high resistance, both cylinders die.
Dave