The "isolator valve" (1st photo) is described as follows;
PART NO: TS300. Selector/isolator assembly. For TO35 & later tractors thru MASSEY FERGUSON1080, without individual external hydraulic systems. Three-position spool, forward position allows one-way (push) for single acting CYLINDER. Center position allows operation of the 3-point arms, & the rear position will feed power to a 4-way control valve for two-way (push-pull) operation of double acting CYLINDER. Fits all MASSEY FERGUSON tractors where 182373M1 lift cover is used.. Weight (lb) - 5.85
I removed, disassembled, cleaned and reassembled the TS 300 valve some time ago. It was stuck with paint and operates now.
What's next?