Yes it is all the way out on the adjustment bracket. Or was before I took it off.Hello JTXN, you have an early model (1964 - 1971) which came out with a generator. Standard practice is to upgrade to an altenator when the generator wore out.
Looking at the fan belt, is the altenator adjusted ALL the way out on the adjustment bracket? If so then the fan belt is too long for the job. However looking at the first photo, the altenator adjustment bracket appears to be the wrong one. It does not match the one on my 135 altenator. Are the altenator adjustment bracketts different between US and British models?
Is there a number or type printed on your belt?