Well, Nessism did a pretty good job of summarizing most of my lost post.
When you rebuild the carbs, also rebuild the fuel valve (petcock). If those carbs have a brass overflow tube, check them carefully for hairline cracks near where they are pressed into the bowls.
Also, any time carbs overflow, the engine oil level should be checked, and the oil should be sniffed for gasoline smell. If the oil has been contaminated, it and the filter need to be immediately replaced.
There is plenty of help around here when you are ready.