As I mentioned, it looks like an M.L., probably late war - early 1920s. Type K1 was part of a universal code for magneto makers: K means "large size, 45mm spindle height, large taper", and 1 means single cylinder. No doubt a type M2 would be suits smaller motor, 35mm spindle height, small taper, 2 cylinder (180 degrees). KV large V twin etc.
Leon