US3593881A
Expired / Lapsed
US
⏱️ 0.0 years remaining
Time and money controlled money vending-depository
Assignee: Tidel Engineering LP
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Filing: 1969-05-07
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Granted: 1971-07-20
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Expires: 1989-05-07
Abstract
Abstract This invention relates to a money vending-depository device which will vend packages of money, as coins in rolls or paper currency in containers, in combination with an integrated alarm means. Merchants may thus maintain a minimum amount of cash in their cash registers to make change in carrying on normal business but will have additional sums available in the currency vending-depository so that said sums can be obtained when needed for unusual business transactions. The device will vend money only in predetermined value amounts and with predetermined intervals between each vending and thus substantial time periods or delay will be required to deliver or vend a substantial amount of currency. Generally, the last thing a robber or larcenist wishes to do is spend a substantial period of time at the scene of the crime. Also, alarms or signal means are associated with structure of this invention so that any operation of the money vending apparatus, not following a predetermined sequence or time delay, will operate such alarms or signal means.
Inventors
- 👤 Alton E Paap
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-11-09 19:24
CPC Classifications
G; G07; G07F; G07F9/00; G07F9/02; G07D; G07D1/00; G07D1/02; G07D1/04; G07D11/00; G07D11/20; G07D11/22; G07D11/225; G07F5/00; G07F5/24; G07F7/00
Claims Analysis
Total Claims: 12
Claim 1
Independent Claim
164 words
A device for dispensing packages of money comprising a magazine holding money packages for dispensing; an electrically operated, money-package dispenser; a first electrical switch means for operating said money-package dispenser; a second electrical switch means for operating an alarm means; switch operating means for simultaneously operating both said first and said second electrical switches; an adjustable time-delay, electrical switch means comprising a third elEctrical switch means moved by the time-delay mechanism, after a time delay, from a first position of a closed position between a common conductor and a first conductor to a second position of an open position between said conductors and a closed position between said common conductor and a second conductor; an alarm means; a first electrical circuit for operating said dispenser comprising said first and said third switch means, said common conductor and said first conductor; and a second electrical circuit for said alarm means comprising said second and said third switch means, said common conductor and said second conductor.
Claim 2
Independent Claim
164 words
A device for dispensing packages of money comprising a magazine holding money packages for dispensing; an electrically operated, money-package dispenser; a first electrical switch means for operating said money-package dispenser; a second electrical switch means for operating an alarm means; switch operating means for simultaneously operating both said first and said second electrical switches; an adjustable time-delay, electrical switch means comprising a third elEctrical switch means moved by the time-delay mechanism, after a time delay, from a first position of a closed position between a common conductor and a first conductor to a second position of an open position between said conductors and a closed position between said common conductor and a second conductor; an alarm means; a first electrical circuit for operating said dispenser comprising said first and said third switch means, said common conductor and said first conductor; and a second electrical circuit for said alarm means comprising said second and said third switch means, said common conductor and said second conductor.
Claim 3
Dependent Claim
16 words
The combination of claim 1 wherein said electrically operated money-package dispenser comprises an electrically operated solenoid.
Claim 4
Dependent Claim
29 words
The combination of claim 1, with a second time-delay switch means disposed in said first electrical circuit to delay operation thereof in the dispensing of a package of money.
Claim 5
Dependent Claim
35 words
The combination of claim 1, with an electrical switch means operated by a package of money being dispensed; and a time-delay reset means for said adjustable time-delay switch means operated by said electrical switch means.
Claim 6
Independent Claim
170 words
A device for dispensing money comprising a magazine holding money packages for dispensing one at a time; an electrically operated money-package dispenser; a first electrical switch means for operating said money-package dispenser; a second electrical switch means for operating an alarm means; an operating lever means for simultaneously operating both said first and second electrical switches; an adjustable time-delay, electrical switch means comprising a third electrical switch means moved by the time-delay mechanism, after a selected time-delay, from a first position of a closed position between a common conductor and a first conductor to a second position of an open position between said conductors and a closed position between said common conductor and a second conductor; an alarm means; a first electrical circuit for operating said money-package dispenser comprising said first switch means, said third switch means, said common conductor, and said first conductor; and a second electric circuit for operating said alarm means comprising said second switch means, said third switch means, said common conductor and said second conductor.
Claim 7
Independent Claim
170 words
A device for dispensing money comprising a magazine holding money packages for dispensing one at a time; an electrically operated money-package dispenser; a first electrical switch means for operating said money-package dispenser; a second electrical switch means for operating an alarm means; an operating lever means for simultaneously operating both said first and second electrical switches; an adjustable time-delay, electrical switch means comprising a third electrical switch means moved by the time-delay mechanism, after a selected time-delay, from a first position of a closed position between a common conductor and a first conductor to a second position of an open position between said conductors and a closed position between said common conductor and a second conductor; an alarm means; a first electrical circuit for operating said money-package dispenser comprising said first switch means, said third switch means, said common conductor, and said first conductor; and a second electric circuit for operating said alarm means comprising said second switch means, said third switch means, said common conductor and said second conductor.
Claim 8
Dependent Claim
32 words
The combination of claim 5, of a second time-delay switch means disposed in said first electrical circuit to delay dispensing of a money package after operation of said first electrical switch means.
Claim 9
Dependent Claim
33 words
The combination of claim 6 wherein said first electrical switch means is held in closed position once closed; and said second time-delay switch means upon delayed operation releases said first electrical switch means.
Claim 10
Dependent Claim
51 words
The combination of claim 5, of time-delay electrical switch means electrically resettable from its said second position to its first position; a fourth electrical switch means operable by a money package being dispensed; and a third electrical circuit for resetting said time-delay electrical switch means comprising said fourth electrical switch means.
Claim 11
Dependent Claim
39 words
The combination of claim 5, of a plurality of magazines holding money packages; a plurality of electrically operated money-package dispensers, one for each magazine; and a plurality of first electrical switch means, one for operating each of said dispensers.
Claim 12
Dependent Claim
33 words
The combination of claim 9 wherein said first electrical switch means are connected to a common conductor comprising a plurality of series connectors and the operation of one thereof disconnects subsequent switch means.
References Cited (Backward Citations)
US2508159A
Cited
US3009137A
Cited
USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 1974-07-19 | 1975-01-18 | 1975-07-20 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 1978-07-19 | 1979-01-18 | 1979-07-20 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 1982-07-19 | 1983-01-18 | 1983-07-20 | $7700.00 | Window Closed / Lapsed |