If you're trying to put the later block in a 40 chassis - and want the easiest possible way to do it, then make the WHOLE front of the engine the same as a 39-48 24 stud engine.
You'll use the 59AB water pumps, timing cover, crank/cam gears, T-Slot camshaft, crank pulley, front-mount distributor, etc.. On the rear of the engine, you'll need to use the 49-53 flywheel and obviously the engine-to-trans bellhousing adapter and associated starter plate.
The other thing that you'll need is the correct rear-sump oil-pan - which I believe is a bit hard to find and only on certain Mercury models and possibly trucks. The gang here can tell you what to look for???
This allows you to use the 40 Fan and Generator setup as well . . .