cb750c help!

ok i got a 1981 honda cb750c(748cc). i was having problems with it running.. went threw the carbs and everything and got it running and rideable then it just stop running. it was getting fire but i havent really worked on honda's so i checked it see if it had points or electronic igntion. well it has the electronic igntion but when i pulled the cover off it was full of oil. and oil poured out for a while(maybe a quart). so after it stoped i tryed starting it and it ran better(at all is better haha).. but oil was pouring out again.. so my question is it this normal for oil to be there?... im thinking NO its not.. but i wanna make sure before i pull it apart and replace the seal...

it's supposed to be dry around the ignition pickup. replace the seal.

Duck wrote:

it's supposed to be dry around the ignition pickup. replace the seal.

k thanxs.. i thought it was odd