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2/15/19: I noticed that the resister mounted to the coil was not hooked up. One of the previous owners did a 6 to 12v conversion. 12v systems with a set of points usually run a resistor on the battery side of the coil to reduce the voltage down about 4 volts to keep it from burning up the points too quickly. This arrangement should have a bypass wire that supplies full voltage while the starter is engaged enabling better starts. This sets off a bunch of red flags for me. I don’t know if the 12v conversion was properly installed. This requires further research.
 
First to address, is the ballast resistor. I found and ordered a starter switch on ebay that has a side mounted terminal that supply’s full voltage while the foot switch is engaged. A wire from that terminal to the coil will enable full voltage to the coil, bypassing the resistor. The other issues require more investigation.