My 49 216 had a similar problem awhile back. Died at a stop sign and wouldn't restart for nothing.
Soon as I popped the hood I saw the problem. The coil wire had dropped too far from the coil. I had regapped the points before I started out and didn't reconnect the coil wire. I don't know how it made it as far as it did.....
Check all your connections at and around the coil/dist.
If all is OK remove the air cleaner and shone a light down the throat of the carb, while looking down the throat fully open the throttle by pulling up on the linkage, you should see a good squirt of fuel down the throat of the carb. If not you aren't getting any fuel to the carb.
Good luck
Dave
