What bike are we talkin' about? I know the later 750's (77-78, and all the F's I think) use a thicker clutch pack. I had an issue similar to what you have with my CB750K8 when I swapped out an earlier clutch cover (because it was chrome and looked purty). The earlier covers have a deeper screw boss (the one that is ground down in your photo) where the outer tin cover screw is (the one closest to the kicker), that is deep enough to contact the clutch hub where yours is gouged. Mine was actually "pinned" in place after reassembly and would not budge. I had to take the cover back off, compare the two covers, along with the gouges on the clutch hub I was able to determine that this deeper screw boss on the earlier cover was too deep for the later model clutch. I cut away about a 1/4" from this screw boss to eliminate the interference, but learned that this cover is not a direct replacement without this modification. It looks to me as though a P.O. may have put an earlier cover on a later engine, or updated an earlier engine with a later model (thicker) clutch pack and forced the interference until it ground itself away. What year/size engine are we talking about and how many disks does your clutch have (both steel and fiber)? You may have damage as a result of this interference which could include bearing damage (from the sound of it) and that clutch hub looks like it should also be replaced based on the depth of the gouge in the surface. This part of the clutch hub holds all the disks on the hub and has a fair amount of force being exerted upon it.