I pulled the engine on Henrietta and discovered that there is a hole in the block just above the right side where the flywheel bolts to the block, (the shimmed bolt). It's about a quarter inch in diameter. Is this fixable?
I am assuming that you mean just above the bell housing which is where the flywheel is located. You may want to try some JB Weld but first dry and clean it well with a rotary wire brush on a drill motor. If possible push some into the hole to create a larger glob on the inside to keep it keyed into the hole.
Or, try tapping the hole and put a tapered pipe plug in it.
Check for cracks radiating. I like the idea of tapping hole after drilling it round. Maybe 5/16" or 3/8" short bolt put in with Locktite? What was leaking?
If you do use a tapered pug, tap shallow so that the plug does not go too deep. You can always cut off the end of the plug if it is too long. Use an epoxy like JB Weld as a sealer and to secure the plug. You can cut and grind off the part of the plug sticking out after the epoxy is set but do not get the plug hot or the epoxy will come loose and you may develop radial cracks when the plug expands.
One other idea is to make a small plate to cover the hole and screw it to the block at the sides with machine screws. Make it water tight with JB Weld.
I would still like to see before and after photos.