Did you drill holes or cut away some of the fiberglass over the stringers to dry them out? Also, if the stringer rots out, does that grossly affect the strength for the bolt pins that the keel brackets screw into?
No, I removed the bad wood under the companionway where the battery is located,(the wooden battery mount was shot anyway), and ground all the paint of down to completely bare fiberglass. There was no way to get under the liner floor, so I tried my best to dry it out. I installed heat lamps to warm the floor, and had small fans to blow air under the liner floor. I let this go on for weeks, it might have been a month or so. It was during the winter, and it's been 25+ years ago. I could only assume the wood stringers were completely dry. They don't really give any structural support, and have absolutely nothing to do with the keel hanger assembly. Once I thought it was good and dry, I basically encapsulated it. I built up the hull with multiple layers of epoxy saturated fiberglass cloth. Probably added an inch to the thickness of the hull in this area. I then mixed some thickened WEST epoxy and made a nice rounded seam re-bonding the liner and the hull, then multiple layers of epoxy saturated fiberglass tape. I eventually performed this in every compartment of the boat. After a compartment had the liner and hull re-bonded, the compartment received a good coating of Interlux 2000/2001 epoxy barrier coating. It really made for nice bilges. Looked nice, and easily cleaned. This was a HUGE job to say the least.
The keel hangers bolt into stainless steel weldments that are suspended in thick fiberglass along the keelson. It's a heck of a design, and the factory still uses this method on the new C-22 Sports some 40+ years later.
Might I suggest reading the WEST epoxy web site on proper repair of fiberglass boats, and if you're not already a member, joining the National C-22 Association. Your membership will give you access to over 400 pages of the C-22 Tech Manual. A collection from over 40 years of how to repair, modify, rig, tune, and anything else you can think of with a C-22.
Don