Why not rivets?
For frames where rivets were originally used I prefer to use new rivets, installed hot.

If you don't use rivets, do use the proper frame bolts and nuts. They can be bought at a good heavy truck parts store.
The down side to using bolts in old rivet holes is you often need to re-drill them to the next bolt size up to achieve a snug fit between the bolt and the hole.
A loose fitting bolt in a frame or suspension bracket is asking for trouble. Because a frame does, and needs to, flex it can cause sloppy fitting bolts to weaken and break.

Grigg


1951 GMC 250 in the Project Journals
1948 Chevrolet 6400 - Detroit Diesel 4-53T - Roadranger 10 speed overdrive - 4 wheel disc brakes
1952 Chevrolet 3800 pickup
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"First, get a clear notion of what you desire to accomplish, and then in all probability you will succeed in doing it..." -Henry Maudslay-