If you want to shoot a 50/140, and keep recoil down, here is how I would do it:
First, make sure the rifle weighs at least 14 pounds. Most of these Sharps rifles will weigh around 11-12 pounds, depending on barrel weight and length, but you can special order ($$$$$$$) extra heavy barrels. Alternatively, you can drill some holes in the buttstock and fill them with birdshot, and get an extra couple of pounds that way.
Second, use Fg powder. If you can find some Elephant brand (which is out of business now, but there is still some around), use it, because it is the slowest of the black powders.
Third, you can use a filler. People have used cornmeal or cream-of-wheat (uncooked, of course!), but I would suggest granulated polyethylene. Winchester Super Grex, if you can find any (out of production) or some of the speciality shotgun places have this type of filler (it's used to buffer shot charges). Just load with a reduced charge of black powder, then fill up the rest of the case with filler, and then seat the bullet.
I do this routinely in my 45/100 to make a 45/70 out of it. 70 grains of Fg, and then around 10-15 grains Grex to take up the rest of the space in the case.
Fourth - make sure you use a light bullet. The 450 gr flat noses would be perfect. Stay away from the 600 gr bullets!
One final suggestion - to start with, what about getting a 50/90? Shoot it for a while, and if you still decide you want a 50/140, it is relatively simple to have the chamber deepened. I think (not sure) you could even use your 50/90 dies to load the 50/140.