Before you get started drilling, that spline needs to be TIGHT or the bolt will just come loose. I do think that is the way to go however, maybe a new yoke would tighten things up to where a bolt would hold. There are versions of LocTite or other glues that might fill in gaps to remove any play... With a short output shaft like that, I am gonna bet there is a threaded hole there already.
Mac :{)
1962 K10 short step side, much modified for rally 1969 T50 fire truck, almost nos, needs a few things
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