The series winding diagram is correct. The shunt winding diagram will draw too much current, 2-3 times what it was designed for, causing an overload on the power supply and overheating of the armature & field.
Wire it up w/o the PS board 1st, as in the diagram, to see what you can expect from it operationally, powering the entire circuit from a transformer through a second full wave bridge rectifier. switch the - & + leads on the transformer rectifier to switch direction.
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