On the spark side, I'd be thinking about at least shining up the points (a folded up dollar bill works nicely for most light grime and corrosion) if not replacing them. If that doesn't do it, it could also be the condenser. Replacing the latter will require removing the mag. And as long as you're that far along, I'd remove the coil cap and coil and check out the spinning magnet in the bottom for strength. It shouldn't rip a nail right out of your hand, but it should be able to hold a 16d common nail when turned upside down. If you've taken the mag off, it's important to do things right to get it back on and timed back up poroperly. If you have manuals, the procedure for that is in both the Operator's and Service Manuals. If you don't, come on back and we can walk you through it. But start with the points, which are under the dust cover under the distributor cap and don't require removing the mag body from the tractor.
Also, if you have a set of new plugs sitting around looking fro honest work, thry them. I've had my BN decide not to start, and ahd that to work. NOthing at all unusual in appearance about the plugs that came out, but the new ones had her up and running.
On the fuel side, I'm wondering if you aren't just over-choking it. The 113/123s don't tolerate much choke before they flood. two maybe three full turns of the motor at full choke is about all they'll take. If mine hasn't started by then I'll open the choke wide for a few more turns and if more is necessary try it at about a third. It will vary with weather/temp etc, but the key is to be real sparing with the choke.
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