Well, a little news to report. First, I figured out how to post HTML and get the proper spacing in my paragraphs, which has all been jammed up into one paragraph.
Test.
So I finally found all the ignition parts today at our local NAPA. I have only changed the cap and rotor so far as I ran out of daylight. The points and condenser look shiney new so I am going to leave those. I have new plug wires to install tomorrow. The cap/rotor got rid of the little bit off random popping and she runs smoother but stills bogs right down to a stall when trying to get up to full speed, even easing into it. I have cleaned out the carb and installed an externally mounted replaceable canister style fuel filter. She starts right up quick and runs under no load just fine.
I have several things still to do as I found tonight, when I replaced the cap, that someone over the years has rotated the distributor 90 degrees and I had a hard time getting it going again and had to fall back to finger in #1 and watch the rotor trick to find #1 on the rotor. Runs great now.

So, remaining after changing the wires is to check the advance weights, check the timing and now, thanks Tazza, find out where to check the govenor oil and change that out. The machine sat outside in the sun and weather for the last 4 years, so who knows what needs to be replaced or checked.
I am pleased with what I found buried in the service manual...some receipts for work done in the last 12 years. The whole engine was rebuilt in 1998 at 200 hours indicated, as it had spun a bearing. Was bored .030 over and .010 under on the crank. $3790 worth of work. Then in 2003 at 900 hours indicated, all drive chains were changed and whatever else was needed, remove and flush the gas tank, etc to the tune of $3000 and now it has 1390 hours indicated so there are just over 1000 hours on the rebuilt engine. I don't know how that rates in machine world, is it low or high? Seems pretty low to me. I'm guessing the clock has gone around once.

Once I get the engine running right, I will dive into the maintenance side of the hydraulics.
I think that's it for now.
Thanks again!!
Paul