Jumped too soon? Yes, for sure, and for that I apologize.
Generally a good guy? Meh... not this week. My daughter is getting married on Saturday, I'm a wreck right now and everyone around me is paying the price. :rant:
As to the subject matter, there is still something amiss here.
The 120V service drops I have seen on old houses STILL used the same connections from the TRANSFORMER to the meter, the only difference is that there is
no second hot lead coming off of the transformer, or in some cases the transformer is still connected with 3 wires, but one hot wire stops at the meter. That Nipsco diagram shows this 2nd option, as does the one in
this document. No matter what, the grounded center tap of the transformer secondary is STILL where the Neutral of the 120V is derived and connected. Could it be a custom transformer specially made for a 120V service where it is just one winding on the secondary with one side grounded? Sure, I suppose so, but in my experience Utilities don't like "specials", they like to use the same limited number of devices that they carry in inventory and make adaptations for special case customers.