Musima 1973 catalogue listing for the Elgita:
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Elgita
Assymetric jazz guitar, red burst, nickel hadware.
Mixer:
Two adjustable pickups, Rhythm, solo, banjo and Shearing effect switch, Rhythm control, Master effects' control, Two-way vibrato with bearings, 

adjustable bridge with fine tuning, cable length - 2.5m.

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Snap's post about Elgita wiring on Euroguitars.co.uk
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It's really weird... but correct. According to the catalogs, the typical (standard in most models) Musima circuit with two pickups and three knobs is arranged this way:

-"Trickschalter für Rhythmus, solo, banjo und shearing effekt. Volumenregler für alle effekte und 1 volumenregler für Rhythmus-effekt."

-Selector for rhythm, solo, banjo and shearing effect. Volume control for all positions and one independent volume control for rhythm position.

So it should be:

1- Rhythm: Bridge PU -both volumes
2- Solo: Both PU -rear volume
3- Banjo: Bridge PU -high pass - rear volume (funny way of calling this. it's a rather useable sound for certain situations).
4- Shearing: Neck PU -Lo-pass (bleeder) -rear volume (My wife calls it "efecto nubarrón". That means "big dark grey cloud effect" in Spanish. A really 

good description of this useless effect).

It's really strange that the rhythm setup is the bridge pickup alone, while most old guitars in the universe have the bridge pickup labeled as solo or lead instead (the bridge pickup has much more upper mids content so it cuts better through a mix). Here the solo position engages both pickups instead of the usual bridge PU. No other brand I know did things this way. This is what surprised me. Why two volume pots in the lead position? Simple, for the Musima guys this is the rhythm, so a second volume here makes some sense, if you turn it a bit down, when switching to the solo position a volume boost happens. Simply the old school way... but reversed!

What keeps me still amazed is: what was the nubarrón effect intended for? And why the neck pickup doesn't work alone and unfiltered in any single position. :? Certainly the guys at Musima had their own way of doing things. At least in a way hard to understand for occidental minded guitar nuts? 

:mrgreen:

What I want to do is disconnecting the cap shunting the mids and treble to ground from the neck pickup in position 4 and leave the rest alone. I can live with this arrangement excepting the drastic bleeder.