Mine has a bolt and nut through the outside of the yoke/collar. However, the bolt did not actually hit the outside of the shaft, but was completely just in the collar. It appears to me the bolt just tightened the collar around the shaft. Mine also has a key which in addition to the pin would keep the collar from rotating. The pin went through the collar and shaft, about 1/2" from the end of the shaft. The bolt is located more toward the other end of the collar, more like 1-1/2" to 2" from the shaft end. Maybe on the smaller mower Woods just used the key and bolt - I don't know.
I have to stop at my Woods dealer the afternoon for another part. If I remember I'll ask to look at a RM59 parts picture, and get back to you. Oh ya, on mine, the pin is a rolled pin and extends about 1/16" to 1/8" out both sides of the collar. As I said, don't think you could miss it!
By the way, if you are removing the drive shaft to get at the flywheel and seal behind it, Woods has made a mistake in the size of the replacement seal. I ended up getting mine from a local bearing and seal specialty shop (previously know as Detroit Ball Bearing) because the Woods replacement was oversized by a few 1000's.