The hole was drilled to install a screw or some such to fix a stock that was split at the head and spreading. If everything seems tight up there, ignore the appearance of the repair. You might fabricate a piece to join the two pieces of buttplate. Don't be afraid to glue everything in place to the stock. You should not have to get in there again. Just seal the end grain of the stock against moisture before gluing everything together. Otherwise, the gun looks great, better than the Parker I use for sporting clays. I don't see any signs of criminal neglect.
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