One of the screws holding the points or condenser to the breaker plate may be too long, and caught the advance mechanism, or there may be a spare screw or other debris in the advance area (under the breaker plate) that moved into just the right position to momentarily "catch" can sheared the pin.
Or, the shaft/bushings may have been dry and momentarily seized.
As to priming the oil pump, a never-fail method is to use a simple $12 plastic garden sprayer with engine oil in it, adapted to the oil gauge port on the block, and "pump away"!
Here"s a demonstration of that setup used on a small-block Chevy:
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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