Thankfully no cracks. The whole rifle is very dainty. The stock and action weigh only 38.8ozs (2 lbs, 6.7ozs). The forearm is 4.2ozs. The entire rifle's weight fully assembled is 5 lbs 1.7ozs.
Bore is great.
The defect with the rifle is that the barrel is either a replacement or has been abused in that it does not fit properly within recess in the boss coming out the front of the receiver.
When you install the barrel, the final mating of the lug to the recess causes the muzzle to rise slightly, resulting in the barrel's underside lifting out of the channel in the action boss by a millimeter or two. The receiver still appears undamaged and square. I would think that a smith could either tig some additional material to the lug and refile to fit, or remove the existing lug and fashion a new one, and refit to the barrel.
The barrel was at one time fitted with a scope. Perhaps the additional weight on the scope stressed the system. Or the more modern 360 2.25 nitro rounds were fired, and not the lighter 360 BPE or NFB. Barrel is proved for 22gr of cordite and a 190gr bullet, and is marked 360 2.25" Has both BP and NP proofs. The barrel is not marked with a manufacturer's name. Lock is marked Alex Henry.
I will need to get additional pictures up and gather some further opinions on how to make this right and who to have do the work.