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US3682183A Expired / Lapsed US ⏱️ 0.0 years remaining

Cash handling apparatus having a multi-cell magazine

Assignee: TECHNOLOGY SYSTEMS Inc
•
Filing: 1969-11-06
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Granted: 1972-08-08
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Expires: 1989-11-06
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Abstract

Abstract Robbery-immune cash handling system in which bills and coins are received, identified, and registered, the amount of a sale is registered and correct change is automatically computed and disbursed. Multi-cell magazines are provided for $10, $5, and $1 bills, which are dispensed automatically as change. $1 bills are also loaded automatically. Step switches are employed in a parallel addition technique for registering cash inputs and in a dynamic subtraction technique for computing and dispensing change. Cash reserves are accessible only to authorized personnel.

Inventors

  • 👤 Robert D Morrow
  • 👤 William J Sesko

Bibliographic Details

Application Number —
Jurisdiction US
Data Source google_patents
Last Synchronized 2026-10-30 12:13
CPC Classifications
G; G07; G07D; G07D11/00; G07D11/10

Claims Analysis

Total Claims: 11
Claim 1
Independent Claim 96 words
Apparatus for receiving, storing, and dispensing bills and the like, which comprises a magazine having a series of cells, each of which is adapted to receive a single bill, said cells having notched walls with the notches thereof aligned to define a continuous path through said cells in sequence, and bill conveyor means aligned with said path and positioned to permit said magazine to index relative thereto along said path with the conveyor means passing into said cells through the wall notches transversely of the notched walls, whereby bills may be withdrawn from said cells serially.
Claim 2
Dependent Claim 96 words
Apparatus for receiving, storing, and dispensing bills and the like, which comprises a magazine having a series of cells, each of which is adapted to receive a single bill, said cells having notched walls with the notches thereof aligned to define a continuous path through said cells in sequence, and bill conveyor means aligned with said path and positioned to permit said magazine to index relative thereto along said path with the conveyor means passing into said cells through the wall notches transversely of the notched walls, whereby bills may be withdrawn from said cells serially.
Claim 3
Dependent Claim 14 words
Apparatus in accordance with claim 1, wherein said conveyor means comprises a belt conveyor.
Claim 4
Dependent Claim 33 words
Apparatus in accordance with claim 1, there being a pair of notches in the walls of each cell and said conveyor means comprising a pair of belt conveyors aligned with the corresponding notches.
Claim 5
Dependent Claim 24 words
Apparatus in accordance with claim 1, further comprising means for indexing said cells to align portions of said conveyor means with the individual cells.
Claim 6
Dependent Claim 38 words
Apparatus in accordance with claim 4, wherein said indexing means comprises means for aligning said portions of said conveyor means with different regions of each of said cells depending upon whether bills are to be inserted or withdrawn.
Claim 7
Dependent Claim 89 words
Apparatus in accordance with claim 5, wherein said indexing means comprises means for aligning said portions of said conveyor means with a central region of each of the cells for insertion of bills and with a side region of each of the cells for withdrawal of bills, whereby during insertion of bills the bills may be dropped freely into the cells and during withdrawal of the bills the bills may be pressed by the conveyor means against a side wall of the cells to produce traction upon the bills.
Claim 8
Dependent Claim 20 words
Apparatus in accordance with claim 4, wherein said means for indexing said magazine comprises a rack and pinion drive mechanism.
Claim 9
Dependent Claim 25 words
Apparatus in accordance with claim 7, wherein said means for indexing said magazine comprises motor means and cam-operated switch means for de-energizing said motor means.
Claim 10
Dependent Claim 28 words
Apparatus in accordance with claim 1, wherein said conveyor means has a bill director associated therewith for directing bills withdrawn from said magazine differently from bills inserted therein.
Claim 11
Dependent Claim 31 words
Apparatus in accordance with claim 1, wherein said cells are vertically oriented, said notches extend downwardly from the upper extremities of said cells, and said conveyor means depends into said notches.

References Cited (Backward Citations)

US1389641A Cited
US1577592A Cited
US2288149A Cited
US2609928A Cited
US2951697A Cited
US3166214A Cited
US3158287A Cited
US3443675A Cited

USPTO Annuity & Maintenance Windows

Annuity Stage Window Opens Payment Deadline Surcharge Period Until Estimated Fee Status
3.5 Years (Year 4) 1975-08-08 1976-02-07 1976-08-08 $2000.00 Window Closed / Lapsed
7.5 Years (Year 8) 1979-08-08 1980-02-07 1980-08-08 $3760.00 Window Closed / Lapsed
11.5 Years (Year 12) 1983-08-08 1984-02-07 1984-08-08 $7700.00 Window Closed / Lapsed

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