US1601170A - Coin-savings bank - Google Patents

Description

Sept a 1,601,170 GLEASQN COIN SAVINGS BANK Filed Sept. 26, 1924 3 heets-Sh l ATTORNEY Sept. 28 1926.

M. S. GLEASON COIN SAVINGS BANK 3 Sheets-Sheet 2 Filed Sept. 26, 1924 ATTORN EY w m w M. S- GLEASCN COIN SAVINGS BANK Filed Sept. 26, 1924 3 Sheets-Sheet 5 H Z iiii' ju/ezzr:

Patented Sept. 28, 1926.

UNIT ED ST ATES P ATE'N T F-FICE 'MICHAEL S. GLEASON, OFNEW YORK, N. Y.

COIN-SAVINGS BANK.

Application filedsepteniber 26, 1924. SerialNo. 140,014.

.My improvements relate to toy savings banks, so called,i. e. to devices designed primarily for the use of children, for the reception and storage of coins, temporarilyor otherwise; my object being toaflorda simple but practical operative contrivance of this character for the convenient storageof savings ina primary compartment until a suflicientamount is attained, and then the automatic delivery to the depositor of an interest coin or token of relatively small value when a prescribed coin of larger denomination, representing the equivalent of the primary collection, is deposited in the main compartment of the bank, in which ithe deposits thus effected are inaccessible until'released by the unlockingof a closure ,provided for'the purpose,- the anticipation of the interest coin thus providedfor being intended to incite curiosity, stimulate attention, and act as an incentive to thrift and'economy, at the same time affording amusement and entertaini'nent to all concerned.

To this end the invention consists in the specific construction, combination and arrangement'of parts and appurtenances described and claimed, whereby these and other desirable results are attained, distinctive features being the simulation, in so far as is possible mechanically, of the conditions incidental to the functions of an ordinary savings bank; the means provided for preventing surreptitlous manipulation; the

automatic release of the interest coin when the prescribed deposit is made, etc, all as hereinafter fully set forth.

In the accompanying drawings I illus- .trate more or less diagramatically a practical embodiment of the essential features of my invention and contrivance as adapted to the production of a practical commercial commodity in the form of a portable coin saving device of the character designated, although I do not limit myself to the identical form and construction of parts and appurtenances herein shown by Way of'exemplification, since changes in minor details may be made, and equivalent mechanical expedients resorted to, with like results, and Without departing from the spirit and intent of my invention. I

\Vith this understanding Fig. l, is a ,front elevation of my portable toy-coin savings bank, considered as a unit;

Fig. 2, is a horizontal sectional elevation taken upon planeoflineQ-Q, Figs. 1 and 5;

Fig. '3, is a vertical sectional elevation taken upon plane 1 of 'line 33, Fig. 2;

Fig. 4, is a top view of the bank broken away in part,=to show interior mechanism;

Fig. 5, .isa front elevation,,broken away in part for a like reason;

Fig. 6, is a vertical sectional elevation .ta-ken'upon plane of line 66, Fig.4;

Fig. 7, is a vertical section taken 'upon plane of line 17- 7, Fig. t;

Fig. 8, is a top view of the main compartment of my interest-paying toy bank,

tion of the deposit coin in tripping the door latch and being held-thereby until dropped by the opening of thedoor.

A, is what may be'defined as an-auxiliary or primarycompartment of my coin saving institution, consideringthe latterin a unitary sense; and B, the bank compartment proper, containing the interest paying con-- trivance, and in which the savingsare stored subject to removal as hereinafter set forth. The primary compartment A, is designed and provided for the temporary holding of loose coins until they aggregate an'amount equivalent to :the I denomination of coin suitable for deposit inthe main bankcompartment B, When they are exchanged for said deposit coin, which is then inserted in the receiving slot 7), in vthe upper part-of said compartment B, resulting in the releaseof an interest coin or token as a receipt 'for the deposit. Hence the primary'saving compartment A, maybe of plain structure, sim

ply provided with a coinreceiving slot (1, and a door a, or similar closure, preferably unlocked so that access may be readily had to the contents or the compartment for inspection, counting, etc.

A deposit coin C, of prescribed size and denomination, inserted through the slot Z), descends through a curved channel 5', and contacts with the short arm Z, of the latch lever L, tulcrumed at Z2 and the long arm Z, of which lever L, is formed with the latch shoulder Z for engagement with a hasp shoulder (Z, atlixed to the inner side of a door L, which latter is hinged to the front wall of the main bank compartment 13, as indicated more particularly in Figs. 6, 7, l1 and 12, of the drawings.

The preponderance of weight of the long arm Z, of the latch lever L, as compared with the short arm Z, thereof, tends constantly to hold the latch shoulder Z in contactual engagement with the said hasp shoulder (Z, on the door D, as shown in solid lines (position 1) in Fig. 12. In this normal position the latch lever L, is inclined slightly from the horizontal with its inner extremity raised and projecting slightly into the lower portion of the channel Z), and within the path of the edge of a deposit coin C, descending therethrough the size and weight of said coin being such that on contacting with said inner end of the latch lever L, it will trip the latter into a sub stantially horizontal position as indicated by the doted lines 2 in Fig. 12, thereby raising the latch shoulder Z above the level of the hasp shoulder (Z, but the prepondeu ance of weight of the long arm Z, of the latch lever L, being such that while itpermits this preliminary tripping of the lever L, by the coin, it still predominates sutficiently to hold the coin within the lower extremity of the channel 6, and against the upper wall thereof and between it and the inner extremity of said short arm Z, of the trip lever L, as indicated more particularly in Figs. 6 and 13, of the drawings.

Under these conditions, the door D, being unlatched, may be opened by means oi. its handle (Z, which act causes the lateral cam surface (Z of the hasp shoulder (Z,

ing on the lateral extension Z (Fig. 11.) of the latch shoulder Z to positively tilt the latch lever L, .still further, and sutliciently to release the deposit coin C, and allow it to drop through the aperture h in the horizontal partition Z), and into the lower chamher or subdivision 6*, at the bottom of the main bank compartment B, which chamber: 6 constitutes the safe for the storage of the deposit coin C.

Bigidly attached to and mounted upon the door D, are semi-circular tractor plates I, T, concentric with the hinge cl", of the said door I), as will be seen by reference more particularly to Figs. 2, d and 9, of the drawings. The inner extremity of the trac tor plate I, which for convenience may be designated as the interest delivery plate, is supported between fixed guide-ways i, '2', and in like manner the rear portion of the tractor plate T, which may be designated as the tally plate, is supported between fixed guide-ways or flanges It, t,-so that each of said tractor plates I, T, while controlled and actuated through the medium of the door D, is independently and slidably supported in proper alignment.

The rear portion or the tractor or interest delivery plate I, when retracted by the closure of the door D, rests on the horizontal partition Z2 ot' the main compartment B, which partition 0', also supports the stationary interest column tube 5, in which coins or tokens 7c, of relatively small size and value as compared with the deposit coin C, are stored until delivered in succession by the opening of the door D, to el'lect the release of a deposit coin C, from the lower end oi the receiving channel Z), herenr betore set forth. The delivery of the interest coin l, is attained by means of the walls of an opening 2' extending through the tractor plate I, (see Figures 2 and which coin pocket or o ening when the door D, is closed, coincides with the interior walls oi the interestcolumn tube Z), the column oi interest coins ZJ, resting normally on the horizontal floor or partition 5 as indicated more particularly in Fig. 5, of the drawings. l-Ience, obviously, when the door I), opened, drawing the tractor plate I, out ward, the lowest coin Z, of the column in the container tube Z), will be withdrawn therefrom and deposited in the delivery section 5 of the main bank compartmentl5, and will be accessible for removal therefrom when the door I), thereof is opened, the extent of movement oi": said door I). being limited in this respect by a stop 2 on the inner end of the tractor plate I, contacting with a stationary part, as for instance, the base oi the column tube as indicated in Fig. 2, or by any equivalent mechanical expedient for limiting the advance thrust o'l said tractor plate I.

During the outward movement of the tractor plate I, above set forth the column of interest coins 7a, in the holder 7), rests upon the top of said tractor plate I, and when said plate is returned to its normal position by the closing oi the door D. the lower coin in the column descends automatically into the opening or pocket ready for delivery on the reopening of the door.

The function of the tractor or tally plate T, is to operate the indicator mechanism consisting of the vertical shatt S, on the upl l U 'perportion of which is rigidlymounted the wheel .9, onthe peripheral cylindrical surface of which are figures (visible successive- 1y through the window or sight I), in the front wall of: the compartment B) indicat ing the number of interest coins is, that have been abstracted .i'rom' theireservoir tube 5 and the au'iount deposited in the compartment 6', said shaft S, having rigidly mounted on its lower portion a ratchet wheel 8, for engagement with the spring pawl mounted on the inner end of the plate T, and by which said shaft S, is actuated intermittingly, or in other words, rotatively advanced a prescribed degree each time the door I), is opened as and for the purpose hcreinbefore set forth.

A cam s", on the indicator wheel 8, at the completion of each rotation of the latter, actuates a spring latch e, to release a door 7), on the top of the compartment B, thereby giving access to the interest coin tube :tor the purpose of replenishing the supply of said coins 7.2, and also affording means for the removal of the deposit coin C, when desirable.

My "interest-paying bank is designed to convey to youth the fundamental idea of the earning power of money through the means of mechanism which actually delivers to the child the coin representing the financial returns on his szwings under the arrangement approximating that of commercial banks wherein there may be checking accounts that may be freely drawn upon, and savings accounts that can be drawn upon only periodically but which, as a recompenre, pay interest.

The full educational value of the in- --paying bank is obtained by the payment of interest only upon a voluntary act-un'iulation ot' the requisite amount. The transition from the toy bank idea to the commercial bank idea is thus made easy.

A further advantage of this provision for both checking and interestpaying accounts, is that it satisfies the childs demand for play by embodying the essential elemerits of a game, the effects of which are heightened by the mechanical registration of the amount of the savings, by the delivery ot the interest coin in a depository simulating a bank lobby and by its delivery with a rattle and a bang upon the operation of a mechanical device (the opening of the door) by the child.

Normally, my coin savings bank is supported in a horizontal position, or substantially so. In order to prevent unintentional unlatching of the door I), by the tilting or reversal of the bank, I provide a ;ravity latch g, so located with relation to the latch lever L, that in case of the upsetting or inverting of the bank accidentally or otherwise said latch g, will automatically turn into contactual engagement with said latch lever L, and thereby positively secure the door D, in closed position. When the bank 'reassumcs its normal position said latch g, automatically retracted byzgravity ii iii engagement with the latch lever L, ning the normal position shown in. i s. 6 and 7, of the drawings.

lVhat I claim as my invention and desire to secure by Letters Patent, is

1. A toy savings bank of the character aesignated, comprising, in combination, a deposit receiving channel, a latch lever adapted to be actuated by a coin deposited in said receiving channel, a door held nornially closed by said latch lever, a tractor plate attached to said door and formed with an interest coin pocket, an interest coin holder, said pocket registering with the interest coin holder, and means for automaticaliy indicating the number of interest coins dciivered operated by said door, substan-v tially in the manner and for the purpose set forth.

A toy savings bank of the character gnated, comprising, in combination, a deposit receiving channel, a latch lever adapted to be actuated by a coin deposited in said receiving channel, a door held normally closed by said latch lever, a tractor plate attached to said door and formed with an interest coin pocket, an interest coin holder, said pocket registering with the interest coin holder, and means for automatically indicating the number of interest coins delivered, consisting of a tractor plate attached to said door and provided with a spring pawl, a ratchet wheel actuated by said spring pawl, a shaft in which said ratchet wheel is rigidly mounted, and an indicator wheel also rigidly mounted on said shaft, substantially in the manner and for the purpose set forth.

3. A toy savings bank of the character designated, comprising, in combination, a deposit receiving channel, a latch lever adapted to be actuated by a coin deposited in said receiving channel, a door held normally closed by said latch lever, a tractor plate attached to said door and formed with an interest coin pocket, an interest coin holder, said pocket registering with the interest coin holder, and means for automatically indieating the number of interest coins delivered, consisting of a tractor plate attached to said door and provided with a spring pawl, a ratchet wheel actuated by said spring pawl, a shaft in which said ratchet wheel is rigidly mounted, and an indicator wheel also rigidly mounted on said shaft, together with a spring latch and door controlled by said indicator mechanism, substantially in the manner and for the purpose set forth.

4. In a toy savings bank, a compartthe extent of movement of said plates, a com operated detent for locking the door,

one of said plates being provided with an 10 aperture to receive and deliver an interest coin, and registering means actuated by the opening of said door.

MICHAEL s. GLEAS'ON.

Images