A multi--channel generalization of Doniach's Kondo necklace model is formulated, and its phase diagram studied in the mean--field approximation. Our intention is to introduce the possible simplest model which displays some of the features expected from the overscreened Kondo lattice. The $N$ conduction electron channels are represented by $N$ sets of pseudospins $\vt_{j}$, $j=1, ... , N$, which are all antiferromagnetically coupled to a periodic array of $|\vs|=1/2$ spins. Exploiting permutation symmetry in the channel index $j$ allows us to write down the self--consistency equation for general $N$. For $N>2$, we find that the critical temperature is rising with increasing Kondo interaction; we interpret this effect by pointing out that the Kondo coupling creates the composite pseudospin objects which undergo an ordering transition. The relevance of our findings to the underlying fermionic multi--channel problem is discussed.

29 pages (2 figures upon request from fazekas@itsictp.bitnet), LATEX, submitted for publication