Re: 1947 Johnson Seahorse outboard motor 16 hp
IMPORTANT POINT!
Just to clarify, in answer to the original poster, there is no water pump per se. Because of this, you cannot run these motors in a barrel! They must be on a boat, moving through water, otherwise no water goes to the powerhead.
That, plus the dockbreaker tendancies due to no neutral or reverse (just "on" or "off") are the reason you haven't seen these motors around... They were super modern looking in 1940 though, and did pioneer the streamline styling and the pressurized fuel system. They even have exactly the same bore, stroke and 22.09 c.i.d. as the later 18-20-25 FD motors, but are definitely not the same motor. Rotary valve vs. reed valve, plus totally different casting.