Hi Tooler,
I happen to have one of these among my collection of riders. They have always been a popular model. I've never understood the dispute/preference between the "yellow deck" and the 'black deck models". Maybe it is a color scheme thing.
Disconnect the PTO clutch and measure the Ohms resistance between the 2 harness connector pins of the clutch. Let us know what the reading is.
You checked voltage after the battery just came off the charger, that is called "surface charge" and does not mean the battery is good. The old battery is still questionable. If this set for a long time, don't expect the battery to be any good. These small batteries are not as robust or reliable as a typical vehicle battery.
A meter can read voltage, but it cannot test or verify amperage. Voltage is potential to do work; Amperage is what gets the work done. This is where meters can trick a person. (Gives false hope)
I think your charging system is not working properly and that will cause the PTO clutch to pull down a battery pretty quick. The PTO quitting is a symptom, not a cause.
Get a new battery in this and then check the charging voltage while running at high RPM. It should show higher than battery voltage when tested at the battery. Usually, around 14.2-15V is what I look for.
If the voltage stays a battery voltage, you need to start looking at the charging system.
I will stop here for now.
We can also help you cover that problem as needed.