The drawings show a point in the swing later than the second frame in the clip I posted and the clip clearly shows minimal shoulder turn and significant lowering of the hands. To my eye the drawings also show that there was arm movement independent of torso movement. A line accross the shoulders would not have the same position relative to the hands in the drawings on 94 & 95 but again there are other drawings on 98 that clearly show arm movement independent of torso movement if you prefer drawings to photos.
I'd mentioned in an earlier discussion that my exercise that shows how to get into the 'delivery' position without independent movement of the arms was not associated with any comment that Hogan did it that way. Knowing how to do it per my exercise and comparing that to video of Hogan (like the clip I just posted) makes it VERY clear that he does NOT do it that way.