US3767080A
Expired / Lapsed
US
⏱️ 0.0 years remaining
Money-handling device
Assignee: U S C IND Inc
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Filing: 1972-03-20
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Granted: 1973-10-23
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Expires: 1992-03-20
Abstract
Abstract A paper money dispensing device stores bills in stacked relation, successively separates the lowermost bill from the stack of bills, and moves the separated bills to an area where they can be dispensed to a patron. That paper money dispensing device automatically senses when two bills stick together and are simultaneously separated from the stack of bills; and it moves those bills to a storage area for safe-keeping, and then separates further bills from the stack of bills and moves those further bills to the area where they can be dispensed to a patron. Where that paper money dispensing device is used to dispense a fixed number of bills, that paper money dispensing device separates the said number of bills from the stack of bills during each cycle of operation and then dispenses the separated bills at the start of the next-succeeding cycle of operation; thereby providing prompt dispensing of the bills to be dispensed during the next-succeeding cycle of operation. Where that paper money dispensing device is used to dispense variable number of bills, that paper money dispensing device separates the desired number of bills from the stack of bills and prompty dispenses the separated bills. That paper money dispensing device dispenses all of the bills of the desired number of bills at the same instant, and it folds those bills as they are dispensed; thereby minimizing the likelihood that a patron would inadvertently fail to take all of the bills due him.
Inventors
- 👤 G Erickson
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-10-27 18:41
CPC Classifications
G; G07; G07D; G07D11/00; G07D11/10; G07D11/14
Claims Analysis
Total Claims: 15
Claim 1
Independent Claim
163 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, supporting means to hold said bills after said bills have been withdrawn from said currency receptacle by said billwithdrawing element, bill-dispensing means to move said bills from the position wherein they are held by said supporting means to a position wherein they can be grasped by a patron, and cycle control means causing said paper money dispensing device to dispense a predetermined number of bills and to withdraw an equal number of bills from said currency receptacle during each cycle of operation of said paper money dispensing device, said cycle control means causing said paper money dispensing device to dispense said predetermined number of bills close to the start of said cycle of operation and to withdraw said equal number of bills from said currency receptacle during the latter part of said cycle of operation.
Claim 2
Dependent Claim
163 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, supporting means to hold said bills after said bills have been withdrawn from said currency receptacle by said billwithdrawing element, bill-dispensing means to move said bills from the position wherein they are held by said supporting means to a position wherein they can be grasped by a patron, and cycle control means causing said paper money dispensing device to dispense a predetermined number of bills and to withdraw an equal number of bills from said currency receptacle during each cycle of operation of said paper money dispensing device, said cycle control means causing said paper money dispensing device to dispense said predetermined number of bills close to the start of said cycle of operation and to withdraw said equal number of bills from said currency receptacle during the latter part of said cycle of operation.
Claim 3
Dependent Claim
44 words
A paper money dispensing device as claimed in claim 1 wherein said cycle control means includes a bill-counting switch that is actuated by each bill as said bill is moved from said currency receptacle into position where it is held by said supporting means.
Claim 4
Dependent Claim
54 words
A paper money dispensing device as claimed in claim 1 wherein said cycle control means causes said paper money dispensing device to consecutively withdraw a number of bills from said currency receptacle and to move said bills into position to be held by said supporting means and then simultaneously dispense with said withdrawn bills.
Claim 5
Dependent Claim
234 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, supporting means to hold said bills after said bills have been withdrawn from said currency receptacle by said bill-withdrawing element, bill-dispensing means to move said bills from the position wherein they are held by said supporting means to a position wherein they can be grasped by a patron, and cycle control means causing said paper money dispensing device to withdraw a number of bills from said currency receptacle and to dispense said withdrawn bills during each cycle of operation of said paper money dispensing device, said cycle control means causing said paper money dispensing device to consecutively withdraw a number of bills from said currency receptacle and to move said bills into position to be held by said supporting means and then simultaneously dispense said withdrawn bills, said cycle control means including a selection switch that can be set to call for a different number of bills, a second switch that is actuated by each bill as said bill is moved from said currency receptacle into position where it is held by said supporting means, and a stepping switch which has contacts thereof connected to contacts of said selection switch and which has a movable contact that advances each time a bill closes said second switch.
Claim 6
Dependent Claim
234 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, supporting means to hold said bills after said bills have been withdrawn from said currency receptacle by said bill-withdrawing element, bill-dispensing means to move said bills from the position wherein they are held by said supporting means to a position wherein they can be grasped by a patron, and cycle control means causing said paper money dispensing device to withdraw a number of bills from said currency receptacle and to dispense said withdrawn bills during each cycle of operation of said paper money dispensing device, said cycle control means causing said paper money dispensing device to consecutively withdraw a number of bills from said currency receptacle and to move said bills into position to be held by said supporting means and then simultaneously dispense said withdrawn bills, said cycle control means including a selection switch that can be set to call for a different number of bills, a second switch that is actuated by each bill as said bill is moved from said currency receptacle into position where it is held by said supporting means, and a stepping switch which has contacts thereof connected to contacts of said selection switch and which has a movable contact that advances each time a bill closes said second switch.
Claim 7
Dependent Claim
161 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, supporting means to hold said bills after said bills have been withdrawn from said currencY receptacle by said bill-withdrawing element, bill-dispensing means to move said bills from the position wherein they are held by said supporting means to a position wherein they can be grapsed by a patron, cycle control means causing said paper money dispensing device to withdraw a number of bills from said currency receptacle during each cycle of operation of said paper money dispensing device, a double bill detection switch which senses when two bills are stuck together, and bill-rejecting means moving said stuck bills, and any other bills previously moved into position where they are held by said supporting means, to a storage area, said cycle control means thereafter initiating the withdrawing of further bills from said currency receptacle.
Claim 8
Dependent Claim
161 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, supporting means to hold said bills after said bills have been withdrawn from said currencY receptacle by said bill-withdrawing element, bill-dispensing means to move said bills from the position wherein they are held by said supporting means to a position wherein they can be grapsed by a patron, cycle control means causing said paper money dispensing device to withdraw a number of bills from said currency receptacle during each cycle of operation of said paper money dispensing device, a double bill detection switch which senses when two bills are stuck together, and bill-rejecting means moving said stuck bills, and any other bills previously moved into position where they are held by said supporting means, to a storage area, said cycle control means thereafter initiating the withdrawing of further bills from said currency receptacle.
Claim 9
Dependent Claim
58 words
A paper money dispensing device as claimed in claim 5 wherein a relay is actuated as said double bill switch senses when two bills are stuck together and prevents the dispensing of any bills while said bill-rejecting means is operating, and wherein said cycle control means initiates the dispensing of further bills only after said relay is de-actuated.
Claim 10
Dependent Claim
147 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, dispensing means to move said withdrawn bills into a dispensing position, and double-bill detection means which includes an anti-friction bearing that normally bears against a bill-advancing roller but is movable away from said bill-advancing roller by a bill, a shaft that extends through the inner race of said anti-friction bearing and is parallel to said bill-advancing roller, and a second bill-advancing roller mounted on said shaft and normally engaging the first said bill-advancing roller but being movable away from the first said bill-advancing roller by a bill, said shaft being smaller than the inner diameter of the inner race of said anti-friction bearing so said second bill-advancing roller can move relative to the outer race of said anti-friction bearing.
Claim 11
Dependent Claim
147 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, dispensing means to move said withdrawn bills into a dispensing position, and double-bill detection means which includes an anti-friction bearing that normally bears against a bill-advancing roller but is movable away from said bill-advancing roller by a bill, a shaft that extends through the inner race of said anti-friction bearing and is parallel to said bill-advancing roller, and a second bill-advancing roller mounted on said shaft and normally engaging the first said bill-advancing roller but being movable away from the first said bill-advancing roller by a bill, said shaft being smaller than the inner diameter of the inner race of said anti-friction bearing so said second bill-advancing roller can move relative to the outer race of said anti-friction bearing.
Claim 12
Dependent Claim
159 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, dispensing means to move said withdrawn bills into a dispensing position, and double-bill detection means which includes a lever that is moved whenever a withdrawn bill is moved toward said dispensing means, a bill-counting switch adjacent said lever, a double bill detection switch adjacent said lever, and adjustable set screws that are carried by said lever and that are in register with the actuators of said switches, one of said adjustable set screws being set to permit said lever to actuate said bill-counting switch whenever a withdrawn bill is moved toward said dispensing means, the other of said adjustable set screws being set to permit said lever to actuate said double bill detection switch only when a plurality of bills are stuck together and are being moved toward said dispensing means.
Claim 13
Dependent Claim
159 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, dispensing means to move said withdrawn bills into a dispensing position, and double-bill detection means which includes a lever that is moved whenever a withdrawn bill is moved toward said dispensing means, a bill-counting switch adjacent said lever, a double bill detection switch adjacent said lever, and adjustable set screws that are carried by said lever and that are in register with the actuators of said switches, one of said adjustable set screws being set to permit said lever to actuate said bill-counting switch whenever a withdrawn bill is moved toward said dispensing means, the other of said adjustable set screws being set to permit said lever to actuate said double bill detection switch only when a plurality of bills are stuck together and are being moved toward said dispensing means.
Claim 14
Dependent Claim
137 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, a bill-dispensing means to move said withdrawn bills into a dispensing position, an empty switch adjacent said currency receptacle, and cycle control means causing said paper money dispensing device to dispense a predetermined number of bills and to withdraw an equal number of bills from said currency receptacle during each cycle of operation of said paper money dispensing device, said empty switch remaining in ''''full'''' position as long as the number of bills in said currency receptacle is greater than twice said predetermined number of bills but shifting to ''''empty'''' position whenever the numbeR of bills in said currency receptacle is less than twice said predetermined number of bills.
Claim 15
Dependent Claim
137 words
A paper money dispensing device which comprises: a currency receptacle wherein bills are held, a bill-withdrawing element adjacent said currency receptacle that withdraws bills from said currency receptacle, a bill-dispensing means to move said withdrawn bills into a dispensing position, an empty switch adjacent said currency receptacle, and cycle control means causing said paper money dispensing device to dispense a predetermined number of bills and to withdraw an equal number of bills from said currency receptacle during each cycle of operation of said paper money dispensing device, said empty switch remaining in ''''full'''' position as long as the number of bills in said currency receptacle is greater than twice said predetermined number of bills but shifting to ''''empty'''' position whenever the numbeR of bills in said currency receptacle is less than twice said predetermined number of bills.
References Cited (Backward Citations)
US3685690A
Cited
USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 1976-10-22 | 1977-04-23 | 1977-10-23 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 1980-10-22 | 1981-04-23 | 1981-10-23 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 1984-10-22 | 1985-04-23 | 1985-10-23 | $7700.00 | Window Closed / Lapsed |