I have some 1960's era reloading manuals that typically show starting loads at or above the max loads in the current manuals for the same cartridges. For a long time they were all I had, and I used them safely for 25/06 and 300 win mag loads growing up. I've heard that over time manual makers reduce the max for a given cartridge because of some assumptions about gun age/abuse/weakening, but that could be hearsay.
Anyhow, when the recoil lug is in good contact with the stock the stock itself sees very little of the chamber pressure because the bolt face is relatively small compared to the rest of the system, and the recoil lug is relatively large. Any forces on the stock are via the recoil lug, which is only reacting to pressure felt on the bolt face via the base of the case because of the axial pressure from the powder burn/expansion. The radial pressure is carried by the brass, chamber and barrel as the bullet travels. Since the area of the bore and bolt face are much smaller than the area of the chamber walls and barrel tube and the pressure (force per area) is felt in all directions equally, there is much less force in the axial direction (i.e. into the bolt lugs, recoil lug, stock and your sholder) than there are radially into the chamber and barrel.
In other words: the concern with an overpressure load really aren't the stock failing, it's one of the metallic pieces in the brass/primer/chamber/barrel/bolt face/bolt lug area failing. Of courese, if you blow your gun up the stock will probably also be damaged because high velocity metal is not kind to wood.
one last point: If the recoil lug is not making good contact with the stock, and that force is now being supplied by the action screws, or worse yet a single action screw, firing pretty much any round is fairly likely to initiate cracking in the stock at the rear of that action screw because the rear of the action screw is a relatively small area, and could be transmitting a lot of force, acting like a dull wedge. So, make sure the recoil lug is making good contact and enjoy your new toy.