Re: 1959 Johnson 18 hp fd 13 timing.
The points do set the timing, and although the magnets , breaker cam, and flywheel key set up fixed non-adjustable relationships between these parts, the points gap does affect the timing. Using a feeler gauge to set the maximun points opening to .020" will get you close enough for the engine to run however. The problem with this is that the timing could be off by up to 10 degrees or more using this crude method. Additionally, with a twin (2 cylinders) it is important to have both points set to open exactly 180 degrees apart, and again, the feeler gauge method will be close enough for the engine to run, but not optimally.
There are 2 marks on the side, or bottom of the flywheel that line up with a mark on the magneto plate. One flywheel mark is for cylinder #1, and the other for cylinder #2, it's 180 degrees away on the oposite side. I remove the coil wire from the points, and use a battery powered test light wired to the points and ground with alligator clips and fed through the holes in the magneto plate. Then I put the flywheel back on ( no need to bolt it on, as it will be on and off several times) and rotate it until the light just goes out, indicating that cylinder's point have just opened. Check to see it the mark on the flywheel is lined up with the mark on the magneto plate. Adjust the points to get it correct by removing the flywheel and moving the points. More points gap is more advance, less gap retards the timing. Remove the test light from #1 points, reconnect the coil wire, and then remove the coil wire from #2 points and repeat.