Personally I recommend the .44-40 & .38-40 over .45 Colt in a lever gun.
The .45 Colt case was never intended for the lever guns, while the bottleneck cartridges .38-40 & .44-40 were designed for the lever guns.
The .38-40 & .44-40 bottlenecked cartridges are designed to expand so as to seal the chamber against blowback of fouling, thus keeping the action clean. Granted this feature of the older .38-40 and .44-40 cartridges are really only necessary for the original BP loads, but they have about the same terminal ballistics as the .45 Colt and were designed for the lever guns. So I would choose either .38-40 or .44-40 over the .45 Colt for a lever carbine.
BTW, Go with a Winchester M92 or get a Marlin. The Winchester M94 is a longer action(.30-30) than is necessary for shorter pistol type cartridges.
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