It should not matter whether the shutter is cocked or not.

When you finish a roll of film, the counting mechanism stops counting. The crank turns freely so you can be sure the film is completely wound up on the takeup spool. During this time you can click the shutter and cock it again with the crank but it doesn't mean anything. It's just the gears turning. The film counter is done working.

When you open the back of the camera to change the film then put the leader of a new roll of film under the silver bar, the mechanism is ready to start. You can still turn the crank and click the shutter. (In fact, you need to be able to turn the crank in order to load the film.)

When you close the back of the camera and lock it shut, the film sensing cam goes down and the frame counter resets. Turning the crank advances the leader which brings the film along for the ride. When the head of the film hits that cam it gets pushed up and this engages the film counting mechanism. When the film is finally cranked into start position with the first frame in the gate, the crank locks and you are ready to take your first picture.

It should take about 4 or 4-1/2 turns of the crank in order to advance the film to frame 1. After you have turned the crank approximately three turns, you should feel a bit of resistance when the head of the film hits the sensing cam. You should hear a little click as the film trips the cam. It should be only one more turn of the crank to get to frame one.

During the loading process, cocking the shutter is merely incidental to turning the crank. It shouldn't matter one way or another, however, you should only be able to press the shutter button when the crank is in approximately the one o'clock position. The rest of the time it should be locked.

Considering that this type of camera was first made 1939, before WW-II, it is a pretty amazing piece of technology. It's like a Swiss watch inside.

Take a picture, turn the crank and repeat until the film runs out. The counter stops counting, the crank turns freely and you are ready to begin again.