Moving forward with the much appreciated information and advice.
I pulled a hunk of walnut from the stack and made a blank. This one is 1 7/8" x 6" x 36". I changed the process a little. I cut the barrel channel 3/4 in deep x 1 1/4" wide. I marked my action screw centers, measured for my trigger cut and recoil lug and marked my stock. Then I made those cuts, using my long guides and stops. Since I'm using a single shot action with a Jewell BR trigger, this went quickly. ( so quick, I kept moving and forgot to take a picture. I'll use a old one.) I opened up my channel for the action to 1 3/8"
and took careful measurements of the final depth. It looked like this without the pillar holes and mag well cut.
Then, I put my action screws in my action and took careful measurements for the length of the pillars. The rear pillar is covered by the trigger guard. The front lug is usually covered by a steel escutcheon. I couldn't find any so I improvised. I chamfered the inside of the pillar so that the head of the screw sits just below flush. The bottom of the pillar will be flush with the bottom of the stock.
Using my channel depth and pillar measurements, I marked the side of my blank on my screw center lines. I added an eighth of an inch for sanding room and drew my cut line. Off to the bandsaw and cut the forearm profile.
With the profile cut, I'm going to drill my pillar holes from the bottom of the stock. My pillar hole is 9/16" and my trigger guard is 5/8" wide. Not much wiggle room, so I'm starting my holes where it shows. If my holes aren't perfectly true, I can "adjust" them where it doesn't show. Under the action. Boy, I miss that big magwell!

Next move was to wax up my action and bed it.