Knute- just checked- only one clear script "P" proof. Rifle is redone but stock is original.

Joe Farmer has evaluated this and said the stock looks like an original Magazine rifle stock put on an altered M1896 rifle. He said the original 1896 cartouche was stamped January-March 1896 on only a very few thin wristed stocks but, since the rifle patina doesn't match the pristine stock, the re-done rifle was taken out at some point and put into this stock. He has no idea why.

If you are signed up for Joe's website, he discusses this Krag in one of his forum postings.