Extreme NE TN/W NC ya'll. 😁
They are as smooth action as a Win 9422--Had a couple..
The model 49 while designed to externally resemble a lever action carbine repeater with an inline tube magazine - internally it's a single shot pivoting / falling block with a false tube magazine...
Lowering the lever drops the block and exposes the chamber - facilitating loading of cartridges.
It's a simplified basic traditional action design with as few moving parts as possible.
While I own two of them and they make good range day training tools or introductory learning tool for a new youth shooter - fit and finish is often poor (painted metal as an example)