I researched this for a friend of mine who had one given to him for free. I figured it might make for a handy cowboy action gun, considering the date of manufacture. But these earned the nickname "Widow-maker" because of a flaw/weakness in the way the bolt locks. If like new and unfired from the day it was made,...there is probably nothing wrong and it would be safe to shoot with low power shells. But if the lock up is worn, it may not show or be obvious, and could let go.
Basically,...anyone who knows about these never shoot them, and they are truly just wall-hanger conversation pieces.