A common way of implementing emergency stop functions is to put a normally closed switch in series with the stop button wiring to the contactors. I have a 1977 wiring diagram which clearly shows the stop button and overload switches for all the contactors connected in a series string running from one side of the transformer to the start button and one side of the coil. Clearly its no problem to break that line for an emergency stop switch. I can easily E-Mail you a PDF if it may help.
The contactor coils will only receive power if all the normally closed contacts are making good connections. The overload system isn't completely reliable when it gets old. Probably because it (almost) never operates and doesn't get exercise. If you have the auto / manual reset selection type its worth operating the selector a few times whilst spraying with a good quality switch cleaner. That cured mine when the head motor contactor went on strike. You need a clear head to figure out where to probe to check the circuits for breaks. If need be the overload units can be removed for servicing on the bench but its aright faffle to get things out and back.
Also worth making sure that the transformer is connected to across the mains powered legs of the rotary phase converter. Theoretically an RPC gives adequate three phase output regardless of the terminals used but its not uncommon for the control side to be iffy, if not fully non-functional, when the generated leg is used. Friend Mike had a pukka Transwave RPC to run his Bridgeport and had continual random starting problems until we got things connected the right way round. Not only did the transformer have to be across the mains input legs but it and the head motor also had to be connected the right way round before it became completely reliable.
Clive
Edited By Clive Foster on 29/03/2013 23:25:25