Altronic III magneto's don't have points or an impulse coupling, an Altronic Manual for the type magneto shown in the picture is attached.
I think you posted this in multiple areas, I answered somewhere else, please post your questions in a single area. It is also appreciated if you would provide feedback as to what you find.
Bill/Keith, I have been working on industrial gas engines for over 40 years, impulse couplings and point style magneto's haven't been in production since before I started working on them. The Fairbanks magneto's used both, and have worked on older units with them, but they usually got replaced with a newer magneto instead of repaired, at least in my experience. The Altronic and newer electronic Fairbanks magnetos were far superior in performance and reliability.
Last point style magneto with an impulse coupling I worked on was about 10 years ago on a 1950's vintage unit, was replaced with a digital ignition system.
To the OP, hope this helps.
MikeL.