On a wood spool, it would definitely be Verichrome, not Verichrome Pan. Dark red backing paper, right?
The official time was 17 minutes in D-76. Yeah, no kidding. But with old fogged film, that's going to get you a black negative. But, a good chunk longer than the Verichrome Pan times in HC-110 would be in order, say 7 to 8 minutes at dilution B at 68 degrees F.
If you have a red safelight, you can watch. Stop the development before it's all black, that's for sure.
Verichrome appears to be much more subject to age fogging than Verichrome Pan.
Also, fix it a long time. Say 10 minutes. These films fix much slower than modern thin emulsion films.