We present the results of an exploratory numerical study of two dimensional
QCD with overlap fermions. We have performed extensive simulations for U(N_c)
and SU(N_c) color groups with N_c=2, 3, 4 and coupling constants chosen to
satisfy the 't Hooft condition g^2 N_c =const=4/3. We have computed the meson
spectrum and decay constants, the topological susceptibility and the chiral
condensate. For U(N_c) gauge groups, our results indicate that the
Witten-Veneziano relation is satisfied within our statistical errors and that
the chiral condensate for N_f=1 is compatible with a non-zero value. Our
results exhibit universality in N_c and confirm once more the excellent chiral
properties of the overlap-Dirac operator.Comment: 18 pages, 4 figure