Indeed a nice Krag. I like the lines of it a lot. Can't wait to hear how it shoots.

Looks like ebony to me. Bakelite? Bakelite was (is) a laminated material consisting of cloth impregnated with resin. I don't know how it entered our lexicon as an alternate name for hard rubber used to make butt plates and pistol grips in days gone by. Bakelite (and its modern counterpart Garrolite) is still used in certain electrical constructs, and as such finds its way into my laboratory workshop.