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I gotta get in on this tread!
1 You have a magneto ignition and you DO NOT need 12volt to the ignition.
2 Positive from battery goes to the big terminal on your selinoid.
3 Cable from the starter motor goes on the other big terminal on the selinoid.
4 Ground from battery goes to motor powerhead.
5 You need a small wire going from positive battery terminal to your starter button.
6 The second wire from your button goes to the small terminal on the selinoid.
As fleetwin says=.So, the two “M” terminals in the key switch are connected together when the key switch is turned off to short the two sets of points together and kill spark on both cylinders. Again, these terminals are totally independent from the other
terminals on the key switch which handle B+ functions…
hope this helps
dale