It will work fine if it can be made to fit, I have a 30-30 Topper M158 barrel on a modern SB2 frame, it works fine. Just be aware that anything made by H&R Inc will have a soldered underlug, for rifle barrels(since you didn't mention the chambering) that means SAAMI loads only, no hot rod loads or high pressure rechambers.
FWIW, I had another Topper 30-30 at one time, it wouldn't come close to fitting any of the 12-15 modern frames I had at the time, the underlug was far too long to cut the pivot to fit, so I suspect vintage frames had more tolerance in their dimensions than modern frames.
Tim