Turn the engine over while watching the points cam lobe. When the rubbing block on the points arm is about in the center of the high side of the lobe, adjust the gap.
You do that by loosening the screw that holds the points to the plate. On the end of the points there is a notch. By the notch is a pin. Use a flat blade screwdriver in the notch and against the pin to move the points. Watching the gap. It should open and close as you move the points. Use feeler gauges to adjust the gap to spec.
Now turn the engine 180 degrees and gap the other set. Once set you need to time them.
To time them pull the plugs. Turn the engine over with your finger tip in the right spark plug hole. As you turn the engine you will feel air blowing out around your finger tip. When this happens, start to watch the timing marks. Stop when the rotor mark lines up between the two lines by the F mark. This lines up the right side points for timing. To adjust the timing, you loosen the two screw that hold the full breaker plate. Again a notch is used to move the plate. I use a 12 volt light bulb for timing. I hook one lead to the points wire, the other to ground. With the key one, kill switch in run the light will light when the points are open. Move the plate one way or the other till the light goes
Very slowly move the plate back till the light just comes on.
Now turn the engine 180 degrees so the left cylinder is at the timing marks. The left set of points are the ones mounted to the half breaker plate. Adjust the half breaker plate for the light to just go out.
The instructions for doing this is in your repair manual.
It can be done with a ohm meter also. Just hook it the same as with the light bulb gut don't turn the key on. Points closed get very low reading, at or near zero. Points open infinity reading.
Leo