US1453512A - Banking apparatus - Google Patents

Description

ayl 1, 1923.v

c. E .MENOR BANKING APPARAflf-.US

Filed. June 7; 12521 i2 Smets-Sheet 1 www:

may 1, 1923. www2 C; E .MENOR 1 BANKING APPARATUS Filed June 7,*192'1- 2 shams-Sheet 2 @www le/Hft? Wf/yai,

Patented li/iay ll, i923.

tra p en /anims E. Manon, or srinrr Lann, rows.

BANKING APPARATUS.

Application filed June 7, 1921. Serial No. 475,716.

To all whom t may concern:

Be it known that I, CHARLES E. MENOR,

residing at Spirit Lake, county of Dickinson, LState of Iowa, a citizen of the United States, h ve invented certain new and useful Improvements in Banking Apparatus, of which the following is a specification.

Many banks find it unprofitable or otherwise objectionable to receive over the counter the accounts of children or young persons whose deposits, at one time, amount to small sums, a dime or a nickel, or even a few pennies. Such accounts, however, in the aggregate amount to sums worth while, and an expedient which would enable them to be handled economically is very desirable. Again, both to the child and to the bank in the future, the cultivation in the child of the habit of saving by bank' deposits, anything which will encourage the child to save is of great importance and value. The object of my invention is to provide apparatus which will impose a minimum of trouble and cost to the bank to receive suoli deposits and which will attr ct children and young persons to banks or to the idea of banking money. My invention consists in the apparatus described by or included within the scope or meaning of the appended claims.

In the drawings: f

F ig. 1 is a front elevation of one embodiment of my invention;

Fig. 2 is a vertical section on the line 2 2 of Fig. 1;

Fig. 3 is a detail view in perspective of a portion of the apparatus seen from the front;

Fig. Il is a like view seen from the rear.

Briefly described, my invention comprises a group of individual coin receptacles, or units, each assigned to a depositor, and each having vertical holders for coins of several denominations, say dimes, nickels, and pennies, the holders having a movable bottom or gate which supports the coins until they are to be removed by the bank employee, a common outlet for a number of holders for easy and rapid emptying of their contents into a sack or other receiver, and means associated or identified with the units of the respective depositors for registering or recording` in duplicate the amounts deposited from time to time in the unit holders, so that both customer and bank may have a record of the transactions. The apparatus is so constructed that it may conveniently be-placed in the lobby of a bank, a school room, or building,

or other place for vready access of children,`

or other depositors, and as will be evident, the work of placing money-in the holders and making the record of each transaction may be done wholly by the depositors without requiring any attention whatever from any bank employee. rl`he bank need be charged with no other work except the periodic removal of accumulated coins.

The units, 10, each containing three vertical tube-like coin holders, v11, for dimes, nickels and cents, respectively, are advantageously arranged in horizontal. rows in tiers, or superimposed one upon another, with. the coin holders of one tier aligning with the similar holders of another tier, so that from top to bottom there may be continuous passage, and, when desired, all the coins in vertical holders of coins of the same denomination may be discharged through a suitable spout, 12, at the bottom into a bag or sack. Communication between the coin holders of adjoining units is controlled by a horizontal slidable linger, 13, that lis situated at the bottom of each holder of a unit on which the stack of coins rests when the finger is in cutoff position, and all the fingers of one horizontal row project from a plate, 14, they plate and its fingers having a comb-like appear-ance. All the pla-tes, 14, from top to bttom, are connected, as by parallel vertical rods, 15, at the back, so that all vmay be easily and simultaneously moved by asingle operatinglever, such as a pedal, 16, located near the floor. To the pedal is pivoted the lower end of a vertical bar, 17, which` is pivoted to two cranks, 18, of widely spaced shafts, 19, journaled to rock each in brackets, 20, on the rear side of the apparatus, and each shaft having at its ends, cranks, 21, which bear against the slide connecting rods, 15, and upon the depression of the pedal rock to move said rods and the connected coinsupporting plates in the direction to remove the fingers from beneath the stacks of coins resting thereon. A spring device ef-V fects the reverse movement when the pedal is released, suchdevice, shown, being a pair' of cross bars, 22, that extend across the two rods, 15, and engage themen the side opposite the cranks, 21, and are slidable on horizontal bolts, 23 upon which are placed coil springs that press against said bars.

At the top of'each coin holder is a slit, 2li, that extends to the front, into which the groups mounted one on another may be bolted together by several long bolts, 25,

passing through alining holes in the bars, and in a cap-bar, 26, that covers the topmost row of units, and in a bottom bar, 27, that entends across the bottom of the lowermost row of units, and has an outlet hole, 28, for each vertical series oit coin holders.

Preferably a number ot outlets holes, 28, for coins ot like denomination are connected by tubes or pipes, 29, to one discharge spout, l2, `to expedite bagging. y

lhe various units are identilied, as by being consecutively numbered, and means are provided tor registering or recording in duplicate at the time oilf deposit, the amount deposited, trie date and means identifying the transaction with the customer making the deposit. This can be done by providing for each unit a registering and check-.issuing device such as are common in cash regis ters, to be operated by the customer when the deposit made. Ur, as shown, a card index system with duplicate cards for each account may be employed, this arrangement being admirable in connection with the location of the apparatus in a school for the entries can be made by pupils under the supervision of the teacher, and thus user/ul instruction in accounts be imparted. The drawer, 29, of a card indexing system is' shown in F ig. l.

A very important advantage from the tiered arrangement is that it admirably accommodates children of varying height, and

that a number of children at the same time may malte deposits without hindrance or delay from one another, and thus congestion or objectionable crowding is avoided.

l/Vhat l claim is:

l. A banking apparatus comprising a vertical series of independent coin holder units, such units comprising alining vertical passages, each marked to identify it with a bank customer, means to record the deposits in the various units and identil'y them wit i the respective customers, and means to discharge the contents of the various units at one point the coins from an upper unit passing through a lower unit to the point of discharge.

i2. A banking apparatus comprising horizontal rows ot' coin holder units arranged in tiers, the holders being in the form of vertical passage those ot' one tier alining with those or another tier, those above discharging coins to the alining ones below, and movable bottoms for the coin holders ot the varius units.

3. l banlrii'ig apparatus comprising horinoiital rows ol coin holder units arranged in ti s, the holders being in the torm of vertiers, the holders being in the form of Ver-f.

tical passages, those oii one tierv alining With those ot another tier, movable bottoms for the coin holders of the various units, and common outlets for groups of coin holders.

ln testimony whereof l hereunto atlix my signature.

y CHARLES lll. MENOR.

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