Looks like a very worthwhile project, especially with the family connection.
I Know that there are others here with a ton more expertise than me, but IMO, I would salvage the metal, and restock back to the traditional Parker style of the day. I wouldn't want to condemn the trigger guard as incorrect out of hand, but would examine it carefully for signs of modifications. There's likely to be some evidence of welding/modification in the hidden areas on the backside.
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