Kevin: Sounds as though the distributor drive gears are starting to strip, and it's slipping a few teeth ocasionally. Early on they will may go a few revolutions to a few min. That wont last long until it stops turning completely. Gently try turning the rotor you should feel it slip. Probably one spot on gears worse than rest. Pull the distributor out, condition of teeth will soon tell you if that is the problem.
Since it is a C-135 engine, the distributor drive gears from any letter series that had distributor, 00 series, 30-50 series and just about any 4 cylinder IH gas engine will be the same. Not sure about the 4 cylinder engines after mid 60s, however it probably never changed. I know the C-123 in the 140 never changed.
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