You could send it to ER Shaw and have it rebarreled and blued for about $350 or so. You just need to change the barrel, the .243, .260, and 7/08 all use the same parent case. No other alterations would be needed. I'd call it easy to have done.

If your smith wants $1000 to do THAT, you had better damn well be getting a custom match grade stainless steel barrel like a Hart or a Krieger for it (meaning an expensive big name barrel brand).
The stock, well, depends on what kind you want. You can get a Bell and Carlson Carbelite for it for about $160. Wood is going to cost more.
Unless it sentimental, or you want a longer/heavier/special contour to the barrel that you can't find on a factory gun, it's almost always better economically to sell it and buy something else.