So as a follow up, I will post my results so it may help some.
I know that I am skeptical and suspicious of bureaucracy but I come by it honestly.
My concerns were that once I made the call and got the wheels turning that technically this firearm would be known to be unregistered, and therefore illegally possessed by myself until the registration was approved. I don't understand how this can be allowed and police not be notified and enthusiastically sent to seize this dangerous weapon until all the i's are dotted and the t's are crossed - and then I may or may not get it back. But it seems to be the common thought is that they are not being heavy handed in these cases to encourage folks to comply, but at the cost of looking the other way when it come to breaking the law? It seems unlikely to me with the hysteria about firearms these days but there you are.
To recap, I do not have the required licences yet but have a close friend and neighbor who has all licences and is on the executive of the local gun club. I wanted to gift it to him and give it into his possession.
Anyway ...... Mar 8, I called the RCMP registration 1 800 #. Spoke to a lady, I had to verbally confirm owner/birth date etc.
Surprisingly to me they still had on file all of the original owners registration info from 1953. This info was immediately accessed, it is surprising how efficient that can be when they feel like it.
I received a reference # and she advised me to complete form 6016 [Declaration of Authority to Act on Behalf of an Estate] and fax to them along with a copy of the provincial death cert.
This caused me some concern, the death was over 30 years ago and in another province. I was able to find a "Funeral Directors Statement of Death", it is an official document "under seal", so I sent that with fingers crossed. If I had to acquire the actual death cert, being out of province it would have been a process involving costs, a notary and a bunch of hurdles that I am not good with.
My friend was also required fax a copy of his licences etc using the reference #.
I was to check back in a 1 1/2 - 2 weeks.
I called on Mar 29, and spoke to another woman. I again was asked original owner the ID questions, and when I offered the reference # she seemed confused about that. After some conversation I was advised that it had been approved, it had taken a bit longer because this application had to go before a board for some reason.
Apr 4 we each received our respective approvals. My friend then applied for the physical transfer permit and picked it up today.
The process was, as suggested here would be, pretty painless.
So thank you all who advised and indulged me.