Old Mast Jack Setup... Is This Broken?

Hi Everyone,
I am fixing up my old '59 DaySailer and have a question about how the mast jack mechanism is supposed to be attached. I have only had the mast raised and in use once which was a couple years ago before our world became very interesting. So I don't recall exactly what was going on around this piece, but I am pretty sure it was not as loose and flopping around as it is now.
I can tell that the pivot bolt it attaches to has been bent from years of use so I am sure that I have to replace that, however even once that is replaced I am questioning if there should not be more support under the jack itself. It would seem that little bolt is not strong enough to support all of the downward force of the mast and shrouds. When I move the jack out of the way I do not see any kind of backing plate or block of wood that it would have rested on so I am a little puzzled. I am waiting for my new Dremel tool to be delivered so I can cut the bent bolt out of the way and then perhaps I will be able to see better under the housing.
Looking through my phone gallery I guess I forgot to take a picture of it, but I did record this video to show what I was looking at. Would love any additional information on how this is supposed to be configured. Sorry for the shaky camera work
https://youtu.be/8gFQKeWViBA
Thanks
I am fixing up my old '59 DaySailer and have a question about how the mast jack mechanism is supposed to be attached. I have only had the mast raised and in use once which was a couple years ago before our world became very interesting. So I don't recall exactly what was going on around this piece, but I am pretty sure it was not as loose and flopping around as it is now.
I can tell that the pivot bolt it attaches to has been bent from years of use so I am sure that I have to replace that, however even once that is replaced I am questioning if there should not be more support under the jack itself. It would seem that little bolt is not strong enough to support all of the downward force of the mast and shrouds. When I move the jack out of the way I do not see any kind of backing plate or block of wood that it would have rested on so I am a little puzzled. I am waiting for my new Dremel tool to be delivered so I can cut the bent bolt out of the way and then perhaps I will be able to see better under the housing.
Looking through my phone gallery I guess I forgot to take a picture of it, but I did record this video to show what I was looking at. Would love any additional information on how this is supposed to be configured. Sorry for the shaky camera work

https://youtu.be/8gFQKeWViBA
Thanks