I have done a huge amount of iron work and I would not ever consider welding a right angle joint like that. The biggest favor you could do yourself would be to avoid steel and make the parts out of wrought iron. The parts that John Archer shows are perfect. A square riveted joint going through the bow makes perfect sense from a blacksmith point of view and the tenon will hammer down nicely if made of iron. I have made and repaired dozens of 18th cent door latches with these little square tenons and can attest to the strength and longevity. Don't overthink this stuff but think like a blacksmith, easy, fast, secure and repeatable, like three or four trigger guards a day.