Best thing would be to check your shop manual. If you don't have one, you should get one, but in the meantime, there might be a electronic version available for free viewing at tocmp.com. I would think that any pre-55 Chevy car manual would have the info you need
Just wondering why you need to "set the voltage" on a regulator? In the 45 years that I've been playing with them, I've never adjusted a VR. If it ain't putting out I get a new one. I know this may sound lazy. I'm the first to say that true mechanics repair things and modern guys just buy new but I was taught that a VR was set at the factory.
Both voltage and current are adjustable. Here's a link to the '48 - '51 Chevy truck manual (the trucks and cars used the same regulators) http://chevy.oldcarmanualproject.com/shop/1948_51truck/51ctsm1206.htm Keep reading, the adjustment procedure is a few pages forward.
Thanks waldo53 (page 12-9) Reminds me of my Uncle Dee, see picture. In the 50s he would 'rebuild' voltage regulators for $2. A new one cost, if my memory is correct, on average $5 at Western Auto but that was seventeen miles away from home town. He explained to me that he only worked on them if they weren't burned up, adjusting them was all he did. He guaranteed them after he worked on them for 6 months.