If this is your first rebuild of any bike ... good for you. But do not regard it as a cheap investment to get an as new running motorcycle.
New parts for that age/model will be available (if you look and are patient) ... but at some cost.
If the motor doesn't run (with a hole in the piston ... I doubt if it could) ... the electrics that do seem work will only be lights.
They weren't that remarkable in their day ... but most farms had one.
But good luck with your project ...
When life throws you a curve ... Lean into it ...
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