Step 1: General equation of a circle.
The general equation of a circle is:
\[
x^2 + y^2 + 2gx + 2fy + c = 0
\]
where the center is \( (-g, -f) \) and the radius is \( \sqrt{g^2 + f^2 - c} \).
Step 2: Use the fact that the center lies on the given line.
We are given that the center of the circle lies on the line \( y - 4x + 3 = 0 \). The center is \( (-g, -f) \), so substituting these into the line equation:
\[
-f - 4(-g) + 3 = 0 \implies -f + 4g = -3 \quad \text{(Equation 1)}
\]
Step 3: Use the fact that the circle passes through the points (2, 3) and (4, 5).
Substitute the point \( (2, 3) \) into the general circle equation:
\[
2^2 + 3^2 + 2g(2) + 2f(3) + c = 0 \implies 4 + 9 + 4g + 6f + c = 0 \implies 13 + 4g + 6f + c = 0 \quad \text{(Equation 2)}
\]
Similarly, substitute the point \( (4, 5) \):
\[
4^2 + 5^2 + 2g(4) + 2f(5) + c = 0 \implies 16 + 25 + 8g + 10f + c = 0 \implies 41 + 8g + 10f + c = 0 \quad \text{(Equation 3)}
\]
Step 4: Solve the system of equations.
Now, we solve the system of equations (1), (2), and (3). Subtract Equation 2 from Equation 3:
\[
(41 + 8g + 10f + c) - (13 + 4g + 6f + c) = 0
\]
\[
28 + 4g + 4f = 0 \implies 4g + 4f = -28 \implies g + f = -7 \quad \text{(Equation 4)}
\]
Now, substitute Equation 4 into Equation 1:
\[
-f + 4g = -3
\]
Substitute \( f = -7 - g \) into this equation:
\[
-( -7 - g ) + 4g = -3 \implies 7 + g + 4g = -3 \implies 5g = -10 \implies g = -2
\]
Substitute \( g = -2 \) into Equation 4:
\[
-2 + f = -7 \implies f = -5
\]
Step 5: Final substitution to find \( c \).
Now that we have \( g = -2 \) and \( f = -5 \), substitute these values into Equation 2:
\[
13 + 4(-2) + 6(-5) + c = 0 \implies 13 - 8 - 30 + c = 0 \implies -25 + c = 0 \implies c = 25
\]
Step 6: Equation of the circle.
Thus, the equation of the circle is:
\[
x^2 + y^2 - 4x - 10y + 25 = 0
\]
This matches option (C).