You have an issue with the kill circuit under the blower housing. Broken wire or bad diode. When you turn it off both mags should shut off right now. Fuel shut down is separate from the kill circuit, that is just shutting the engine off after it runs the carb passages dry.
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2264 with 54 GT deck
1641 AKA Black Jack with a 402-E Haban Sickle bar mower
JD317 dump truck
BX2670 with FEL
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