It almost sounds like the TA clutch is dragging/out of adjustment and a worn shift lever. If the TA clutch is dragging it will put a load to the low side of the gear selected making it difficult to get out of gear. Adjust the TA per IH instructions in the manual, can't remeber the specs, Jim will probably weigh in with the specs. The Shift lever being excessively wore will not fully actuate the shift rails engaging two gears and stalling the tractor. If you can not find a good shifter it is possible to weld up the end and file it to new specs.The TA clutch could be the source of the smell if not correctly adjusted. Hope this helps.
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