YES loads like lights and ignition (if its a battery powered coil distributor ignition instead of a magneto) are fed off the VR's (L)oad terminal instead of the load side of the ammeter like if it were a 3 terminal VR without an L terminal. The GEN/ARM is usually the one on bottom or one side all by itself which wires to the gennys ARM post. Note, if you ignore the L terminal and feed ignition (if its a coil not a mag) from the load side of ammeter (or BAT on VR) it will still work
DO NOT WIRE IT LIKE DAD HAD IT, wire it as I described above for a 4 terminal VR.
You don't need to ask anyone about how or why it was polarized before, simply re polarize it so it matches your battery polarity BEFORE starting again. Had you changed polarity, you would need to swap ammeter and coil leads, but it sounds like youre stil at the original POS so the coil and ammeter should be fine. I just hope the VR is suitable for POS ground???
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