Time And Money Controlled Money Vending-depository

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.

Description

My invention relates to a money vending apparatus from a depository of the type having characteristics usually found in a safe used for safekeeping of money or other valuables.

More particularly my invention relates to a device for vending packages of currency, as coins in rolls or paper currency (hereinafter referred to alone as currency) in containers. It is common practice to package U.S. coins in rolls and the same are commonly received and dispensed by banks in rolls of: pennies-50 ; nickels-$2; dimes-$5; quarters-$10; and halves, either $10 or $20. Thus, in my invention, packages of money, such as standard rolls of coins, will be dispensed, for example, one at a time as desired. Also, devices of my invention will dispense packages of currency, as separate containers each including therein currency of predetermined value. Thus, for example, there may be included in separate containers: twenty $1 bills; four $5 bills; two $10 bills; and one $20 bill.

Currently there is a crime wave in the United States and apparently such is true all over the world. The parts of such crime wave with which the present invention is most related are the crimes of burglary and larceny.

Merchants are required to keep substantial sums of money on hand to make change and thus do business. In addition to the amounts necessary to make change from currency of a higher denomination, many workers receive their paychecks at times of day and because of this and other circumstances, they cash their paychecks at the stores of various merchants. Thus, it has become recognized that if a merchant desires to do his share of the business, or at least not be handicapped so he must turn away business, he must have very substantial sums of cash readily available so that he can do business. With such sums of money necessarily on hand, merchants have become targets for those who would commit burglary if the "stakes" are high enough.

A prior art practice designed to keep the available cash in cash registers to a minimum has been to unload the cash registers periodically and then to (1 ) hide the money so removed from the cash register, or (2 ) place the money so removed from the cash registers in a safe. As to the first practice of hiding the said removed money, burglars, in "casing" the potential scene of a crime, have often determined who is "hiding" the money and if not where, then by torture and use of firearms, the burglaries have been aggravated by assault in the burglars locating the hidden money. As to the placing of the money removed from the cash registers in safes so that the money will be later available for making change if necessary, then the burglaries have been often gravely aggravated by the burglars torturing those who do have or might have the combination of the safe.

It is an object of my invention to overcome most of the shortcomings of the prior art and more specifically to provide a device for dispensing packaged coins and currency by an electrically operated dispenser; and electric switch means moved by a time-delay mechanism, after a time delay, from a closed position between the common conductor and a first conductor to an open position between said conductors and to a closed position between said common conductor and a second conductor; alarm means; an electric circuit for operating said dispenser including said common conductor and said first conductor; and a second electric circuit for said alarm means including said common conductor and said second conductor.

It is another object to provide an electric solenoid operated money-package dispenser.

Another object is to provide an electrical switch means operated by a money package being dispensed and which electrical switch means operates the time-delay reset means of an adjustable time-delay switch means for dispensing money packages.

A further object is to provide a plurality of levers, only one of which may be effectively operated at one time, and to operate by each lever a plurality of electrical switches so that electrical circuits will be established to the end of providing for the dispensing of a package of money, a time delay before another package of money may be dispensed, and an alarm system which will be energized if an attempt is made to dispense a package of money before the lapse of a predetermined time period after the vending of a package of money; and another package of money may be dispensed after the lapse of a predetermined time period.

Another object is to provide a time cycle of a predetermined length for vending each package of money from a vending device so that a plurality of vendings will be time consuming. Unless there is a plurality of vendings, no substantial sums of money can be taken from the device and "buying time" will keep burglars on the premises for longer periods of time and thus augment the chances of capturing such burglars.

Other objects of my invention will become implicit, as well as explicit, as the description of my invention proceeds in connection with the accompanying drawings, throughout which like reference numerals relate to like parts, and wherein:

In the drawings:

FIG. 1 is a front elevational view, with front portions broken away, to show the interior thereof;

FIG. 2 is a sectional view taken substantially on broken line 2-2 of FIG. 1;

FIG. 3 is a schematic view illustrating a wiring diagram and operative parts of the invention; and

FIG. 4 is a perspective view of a money container or a device for packaging currency and used in this invention.

Now referring primarily to FIGS. 1 and 2 of the drawings, the device comprises a housing 10, which is of a construction to resist entrance into the same, by burglars and other unauthorized persons. Thus, the housing 10 is preferably very substantial, and is firmly secured to a suitable permanent foundation 12, as by bolts 14. In general, the housing 10 and the means of securing the same to a suitable foundation 12 follows practices commonly established in connection with safes to prevent burglaring of the same by forceful means or by removal of the housing 10 from the premises.

A main door 16 is hung by suitable hinges 18 and the door may be opened only when a suitable key is inserted and manipulated in lock means 20 and also when time controlled latching devices, as solenoid means 22, are in released position. The said door 16 is to be opened only at predetermined intervals when it is desired to place packages of money into or to remove money from the device comprising the housing 10.

A plurality of chutes 24, such as four, are disposed crosswise of the device and such chutes 24, each preferably has an opening 26, so that money containers or tubes 28 (see also FIG. 4) may be inserted into the device and into the chutes 24 by way of the openings 26 without opening the door 16. As one usage of a device embodying my invention, the containers 28 may contain currency and left to right as viewed in FIG. 1, the containers 28 will contain $1 bills, $5 bills, $10 bills, and $20 bills. The amount of currency to be placed in each of the said money containers 28 will depend upon the amount of change needed by the store from time to time and the amount of business conducted and the like. Thus, by way of example only, each container 28 may include: twenty $1 bills; four $5 bills; two $10 bills; or one $20 bill. By having the same dollar value in each container, advantages obtain for bookkeeping records.

Preferably, the containers 28 are cylindrical members and are formed of a suitable plastic for durability to withstand ejection in response to an ejector means, such as a solenoid. With tubular members which are cylindrical in form, the said members are inherently very durable and strong and may be very inexpensively produced. The desired amount of paper currency money may be readily rolled and inserted into such tubular members 28 and the money will tend to be self-sustaining within the tubular members due to the inherent nature of paper currency tending to unroll after being rolled.

The chutes 24 are circuitous by design so as to prevent fishing or removing of the said tubes 28 upwardly and out through the openings 26.

As best shown in FIG. 2, the chutes 24 terminate and the lowermost tubes 28 come to rest on a shelf 30 and are aligned with the plunger or armature 32 of a solenoid 34 of a solenoid controlled money-package dispenser. Immediately in front of the lower money container 28 in each of the four chutes 24 is a gate means 36, which will be more particularly described in connection with the wiring diagram, FIG. 3. At this point it is sufficient to indicate that each time a container 28 is ejected by one of the four solenoids 34 of the money-package dispensers, the said gate 36 will cause an electric contact in switch means 38 after a money container 28 has been dispensed by operating one of the solenoids 34 of the solenoid controlled money dispensers. Such a container 28 will be forced off shelf 30, past gate 36 and down incline 40, where the said container 28 will be available to be readily grasped by the hand of the operator of the machine.

There are a plurality of plungers or switch operating means 42 to 58, inclusive, and with such number and as an illustration, the switches will operate means to vend or dispense packages of currency as follows: 42, a container of $1 bills; 44, a container of $5 bills; 46, a container of $10 bills; and 48, a container of $20 bills. As will later appear, the switches 50 to 58 will dispense or vend standard rolls of coins, or packages 72 of coins, as follows: 50, a roll of pennies; 52, a roll of 5 pieces; 54, a roll of 10 pieces; 56, a roll of 25 pieces; and 58, a roll of 50 pieces.

Now referring to the five chutes 60 for containing rolls 72 of coins, the chutes 60 from left to right, as viewed in FIG. 1, will include rolls of 50 pieces, 25 pieces, 10 pieces, 5 pieces, and 1 pieces, respectively. Due to the fact that coin money is commonly handled in rolls of predetermined value, packages of coins, in the nature of such rolls, will be dispensed from my device. In connection with the dispensing of rolls of coins and as illustrated in FIG. 2 of the drawings, the lowermost roll of coins in any chute will come to rest on a shelf 62 and a plunger or armature 64 will be aligned with a roll 72 resting on the shelf 62. In front of all five chutes is a gate 66 and angular movement of the gate 66 obtains as a roll 72 of coins is ejected by a plunger 64 of a solenoid 68 of the money-package dispenser. This will cause electric switch means 70 to close to provide a contact to operate circuits hereinafter discussed.

Upon energizing of a solenoid 68, a roll of money in front of an armature 64 of a solenoid 68 will be ejected and dispensed off the shelf 62 and down onto the incline 40 and thus will be readily available to an operator.

The rolls 72 of coins are wrapped in the standard fashion and have substantial stability and they are commonly handled rather roughly and still the rolls do not break up. As a matter of fact it requires a distinct effort to break a standard wrapped roll of coins. Thus, the wrappings and the tightness of the wrappings constitute a sufficient container so that said coins in said rolls are dispensed as packaged money, similarly to the packaged money, in the form of currency within the containers 28.

From time to time stores using a device of my invention will obtain more currency than is needed for change, checks or other valuables, and desire to place the same in a safe or other place for safekeeping. Thus, a chute 74 having an entrance 75 for reception of such valuables is provided. Preferably, baffles 76 are provided and the said currency or other valuables passes downwardly in said chute until finally deposited in the container 78 at the bottom of the chute 74. The said baffles 76 will prevent removal of the said valuables by "fishing" and the like. When it is desired to remove the valuables in the container 78, this can be done at any time the door 16 is opened in response to a key in the lock means 20 and at times permitted by the time-control solenoid devices 22. Thus, a store proprietor can remove excess currency from his cash registers and use the device as a safe or depository, by inserting such currency, either down chute 74, or in containers 28 and depositing the containers down chutes 24.

Referring now to the wiring diagram FIG. 3, conductors 80 and 82 represent a source of electrical energy, such as conventional 115-120 volt alternating current. As an illustration, the conductor 80 may be the commonly grounded side and the conductor 82 will be the ungrounded side. Thus, a fuse 84 is illustrated in conductor 82. Conductor 82 connects with a first time-delay mechanism 86 and more particularly with switchblade 88 thereof. Switchblade 88 is one switchblade of a double pole switch which is controlled by clock mechanism 90. Clock mechanism 90 is shown in its normal or rest position in FIG. 3 of the drawings and in such position, energy on conductor 82 continues along switchblade 88, conductor 92, to double pole switch 94. Double pole switch 94 is key operated by key means 96. Key 96 is a removable key and is employed so that no results obtain if an unauthorized person should play or "fiddle" with switches 42 to 58, inclusive. However, the operation of the key 96 will not permit anyone to obtain money from the device or enter the device in any way and is merely a precautionary measure as obviously children and other parties of a playful mood might tend to poke buttons and the like unless there was an "off-and-on" switch to prevent undesirable results by such actions.

If switch 94 is in the closed position indicated in FIG. 3, then energy on conductor 92 will continue to and energize conductor 98. When conductor 98 is energized and one of the switch operating means 42 to 58, inclusive, is operated, for example, switch operating means 58, then the associated switch 100 is moved to closed position, and energy will pass from conductor 98 to conductor 102. Also, if any other switch operating means 42 to 56 is operated, then its associated switch 100 will be closed. In the interest of brevity only the circuit including one switch 100 will be traced, as all the other switches 100 complete the circuit between conductors 98 and 102.

Energy on conductor 102 passes through timing mechanism 104 of second time-delay mechanism 106 and thence along conductors 108, 110, 112, 114, and thence to conductor 80, thus completing the circuit and energizing timing mechanism 104. Timing mechanism 104 is adjustable and can be set for a predetermined time interval which will have adjustable increments, preferably in seconds, and thus, time intervals such as 10, 20, and 30 seconds are in order. The purpose of this time delay is so that switchblade 116 does not move to closed position until after the lapse of the predetermined time set by timing mechanism 104. Thus, when money in rolls or currency in containers is to be dispensed, there will be a time delay before dispensing and this after the closing of one of the electrical switches 100 operated by one of the switch operating means 42 to 58, inclusive. Thus, even when the device is operating normally there will preferably be a time delay between pushing a switch operating means 42 to 58 and the dispensing of a package of money. Thus, when other conditions exist, as will be hereinafter explained, there will always be the time delay and thus the time delay will not, in and of itself, necessarily frustrate a burglar with some knowledge of the operation of the device.

After the time delay provided by reason of the second time delay mechanism 106 and the switchblade 116 moves to closed position, then the electrical energy on conductors 102 and 118 travels through then closed switchblade 116, along conductor 120, and then through a closed switchblade 122.

As previously indicated, when each of the switch operating means 42 to 58, inclusive, operates, a plurality of switches are closed by the operation of each of said operating switch means. Thus, for example, when the switch means 58 is operated, switchblades 124, 100 and 122 are moved to closed position. The circuit established by closing of switchblade 124 will be hereinafter discussed. For the present, the circuit established by closing of switchblade 122 will continue from conductor 120, through a then closed switchblade 122, along conductor 126 and through a solenoid coil 68. Conductor 130 connects the other terminal of solenoid coil 68 to conductor 114 and thence to conductor 80, thus completing the circuit and energizing a solenoid coil 68. Upon the operation of a solenoid coil 68, the plunger or armature 64 (FIG. 2) thereof will eject a roll of coins which in the present instance will be a roll of 50 pieces.

There are a plurality of switches 122, one for each of the switch operating means 42 to 58, inclusive, and the associated one thereof will move to closed position upon operation of a switch operating means 42 to 58 inclusive. The said switches 122 are connected in a "ladderlike effect" or in series with each other, so only one thereof may be connected between conductor 120 and the individual conductors 126 leading to a solenoid 34 or 68. Thus, if someone should simultaneously hold down more than one of the switch operating means 42 to 58, inclusive, only the one to the left, as respects the showing in FIG. 3, will complete a circuit to energize a solenoid 34 or 68 and thus only one package of money will be dispensed at one time.

The various switch operating means 42 to 58, inclusive, are of a type commonly employed in vending machines and when one of said switch operating means is depressed, the same is held in depressed position by a mechanical catch means which is electrically releasable. Thus, upon depressing of the said switch operating means 58, by way of example, then three switch means are held closed mechanically and the same can be subsequently released by the energizing of an electric solenoid means. Thus, upon closing of switchblade 116, by reason of operation of the second time delay mechanism 106, conductor 120 is energized with energy originally from conductor 82 and this will energize conductor 132. Energy on conductor 132 passes through solenoid release means 134 and thence by conductor 136 to conductors 110, 112, and 114 to conductor 80, thus completing the circuit and energizing solenoid release means 134 which will permit the switch operating means 58 to return to normal position upon energizing of said solenoid release means 134.

While the circuit was described in detail involving the switch operating means 58, each of the switch operating means 42 to 58, inclusive, including said switch operating means 58 will operate in the same way and each will close its three switches 124, 100, and 122. Closing of a switch 124 will establish a circuit between conductors 166 and 168 (hereinafter described); closing of a switch 100 will establish a circuit between conductors 98 and 102; and closing of a switch 122 will establish a circuit between conductor 120 and a conductor 112 through one of the solenoid coils 34 or 68. As previously indicated, upon the depressing of the switch operating means 42, 44, 46, 48, 50, 52, 54, 56, and 58, one at a time, then the appropriate solenoid coil 34 or 68 will be energized and in response thereto currency in a container or a roll of money will be dispensed in the value and amount indicated and, respectively, in the nature of $1 bills, $5 bills, $10 bills, $20 bills, a roll of pennies, a roll of 5 pieces, a roll of dimes, a roll of quarters, or a roll of 50 pieces.

Upon the ejection of packaged money in the nature indicated, then the roll being dispensed will operate the gate means 36 or 66 (FIG. 2). Assuming the operation of a solenoid coil 68 and the resulting ejection of a roll of 50 pieces and the consequent closing of switch 70 by the physical contact of said roll of coins with the gate means 66 (FIG. 2), an electrical circuit will be established starting with conductor 82 (FIG. 3) along conductor 140, along conductor 142, through solenoid 144 of the reset mechanism of first time-delay mechanism 86, along conductor 146, along conductor 148, through then closed electric switch means 70, along conductor 150, along conductor 110, along conductor 112, and along conductor 114 to the other side of electrical energy 80 thus completing the circuit and energizing said solenoid 144. Solenoid 144 is a reset solenoid and resets the clock mechanism 90 back to zero.

The lock mechanism 90 may be set to move its armature 152 and in turn move its switchblades 88 and 154 to different positions after the lapse of a certain predetermined set time interval. The clock mechanism 90 is preferably provided with intervals in increments, such as 5 minutes each, so that the time delay for which it may be set will be on 5 minute intervals up to a predetermined maximum, such as 1 hour. The clock mechanism is in its rest position (position shown in FIG. 3) which is after the lapse of a predetermined set time interval, and the switchblade 154 is open between conductors 156 and 158 and the switchblade 88 is in closed position between conductor 82 and 92. Upon operation of the solenoid 144, the switchblade 154 moves into closed position between conductors 156 and 158 and the switchblade 88 moves out of closed position between conductors 82 and 92 and into closed position between conductors 82 and 160. For the period of time for which the said time delay is set as respects said clock mechanism 90, the latter mentioned positions of the switchblades 154 and 88 will be maintained and after the lapse of said time period, then the switchblades will move to the said mentioned rest or normal position thereof.

Assuming that a package of currency is ejected because of operation of one of the switch operating means 42 to 48, inclusive, then the appropriate solenoid coil 34 will be energized between conductors 120 and 112 and the container physically will engage gate means 36 (FIG. 2) and close electric switch means 38. Assuming a roll of coins is ejected because of the operation of one of the switch operating means 50 to 58, inclusive, then the appropriate solenoid coil 68 will be energized between conductors 120 and 112 and the roll of coins will engage gate means 66 (FIG. 2) and close electric switch means 70. Thus, the same circuit between conductors 148 and 110 will be closed (regardless of what package is dispensed) and this will result in the energizing of the same solenoid 144 and resetting of the same clock mechanism 90.

It is important to note that upon the dispensing of any container of currency or any roll of coins, that through the circuitry mentioned, the clock mechanism 90 will, for a definite period of time, change the position of switchblades 154 and 88. For the time period set, say a time period of 15 minutes, if such should be selected, then during such period of time if the attempt is made to dispense money from the mechanism, alarm circuits will be energized which will next be traced. Assuming that we are in said time period and that said switchblades 88 and 154 have been moved into contact, respectively, between conductors 82--160 and 158--156, then the following circuit is established. Commencing with conductor 82, along switchblade 88, along conductor 160 and thence through normally closed switchblades 162. Switchblade 162 is in closed position normally between conductors 160 and 164 and moves to open position during the period of time when solenoid 144 is energized. Solenoid 144 is the reset solenoid for clock mechanism 90. A matter of a second or seconds at the most is involved during which time when the solenoid 144 is resetting the clock mechanism 90. However, during such period of time when resetting is occurring and if someone should physically hold down one of the switch operating means 42 to 58, inclusive, then a false alarm could be made if switchblade 162 is not employed and which is responsive to whether or not solenoid 144 is energized or is not energized. In other words, switchblade 162 and its operation in response to whether or not solenoid 144 is energized or is not energized is a safety means to prevent false alarms in the event of maloperation of the switch operating means 42 to 58, inclusive. Energy on conductor 164 passes through one of the blades of double pole switch 94 which was previously described and which is key operated by key means 96. Assuming that said switch 94 is closed and operating conditions are desired, then energy on conductor 164 continues on conductor 166 and then through one of the switches operated by one of the switch operating means 42 to 58, inclusive. As previously indicated, each of said switches 42 to 58, inclusive, operates a multiple number of switches, such as three, and assuming that the operating means 58 is moved to closed position, then the switchblade 124 will connect the conductor 166 to the conductor 168. Conductor 168 is connected to conductor 170 which in turn is connected with terminal 172. Conductor 80 is connected by conductor 174 with terminal 176. Thus, terminals 172 and 176 provide two terminals to which any suitable alarm system may be connected and which will be powered by the electrical energy from conductors 80 and 82. As an illustration thereof, there is illustrated conductor 178, conductor 180, and alarm means 182.

An auxiliary alarm powered by a separate source may be energized upon the energizing of conductor 168 with energy from conductor 82 which will include a solenoid 184 disposed between a conductor 186 connected with conductor 80 and a conductor 188 connected to 168. Upon energizing of solenoid coil 184, switchblade 190 closes between conductors 192 and 194. Conductors 192 and 194 and the switch therebetween may be employed as a single pole switch in an externally powered alarm system illustrated by conductor 196, a source of electrical energy, such as battery 198, conductor 200, alarm means 202, and conductor 203. Thus, upon energizing of conductor 168, if desired, two alarm means 182 and 202 may be energized. The alarm means may be in the nature of alarms heard in and about the premises, alarms heard only at adjacent police stations, alarms heard only in neighboring houses, or any combinations thereof including switch operated telephone devices.

Also, it is often desired that alarm systems be made available throughout the premises of a store and to provide a plurality of switches in parallel which are discreetly located about the store so that closing of any one thereof will close the alarm circuit. Such switches may be operated by persons or by movement of designed physical devices. Such switch systems preferably operate in low voltage circuits, so that considerable amount of wire can be disposed and the switches widely separated, all without fire hazards. Thus, there may be employed a conventional transformer 204 having its primary conductors disposed between source conductors 80 and 82 and having secondary conductors 206 and 208. One of the secondary conductors 206 may include therein a solenoid 210, the energizing of which will close a pair of switchblades 212 and 214, respectively, between conductors 192, 194 and 82, 216. A plurality of single pole switches 218 are disposed in parallel relation between conductors 206 and 208 and said switches 218 are the ones that may be suitably disposed about the premises as desired. Upon closing of any one of the said switches 218, the solenoid 210 is energized ans switchblades 212 and 214 move to closed position. Thus, energy from conductor 82 will pass along switchblade 214 to conductor 216 to terminal 172 energizing conductor 180, energizing alarm 182, passing along conductor 178 to terminal 176 and thence by conductor 174 to conductor 80. At the same time the closing of switchblade 212 between conductors 192 and 194 will energize the other alarm system 202. Thus, by closing any one or more of the switches 218, both alarm systems 182 and 202 will be energized.

In FIGS. 1 and 2 the time-control latching solenoid devices 22 were illustrated and said devices are likewise illustrated in the schematic drawing FIG. 3 as solenoids 22. Preferably, a 24 -hour clock actuated device 220 is provided having electric switch means 222 operable at predetermined intervals, such as at a predetermined hour each day, such as 10:00 A.M. Thus, once the door 16 is closed, the same cannot be opened until the predetermined time setting as indicated. Energy from electrical conductors 80 and 82 may be employed to energize the clock mechanism 220 and in turn the electrical switch 222 will be closed for a predetermined short interval, such as a matter of minutes, and thus electrical energy from conductor 80 will pass along switch 222 to conductor 224 and upon closing of the switch 222, both solenoids 22 are energized and the door 16 may be opened by the use of a key in operating lock means 20.

When the door 16 is opened, then money and valuables in container 78 may be removed and additional rolls of coins may be inserted in chutes 60. It must be remembered that the chutes 24 for containers of currency can be filled with the door 16 closed and through the various openings 26. After completion of the various chores mentioned, then the door 16 is closed and cannot be opened until the clock mechanism 220 closes electrical switch 222.

From the foregoing, it will now be apparent that I have provided a device for dispensing packages of money (either currency in containers or rolls of coins) from magazines, such as, chutes 24 or 60. Next, there is provided the electrically operated package dispensers in the nature of solenoids 34 and 68 and the movable plungers or armatures 32 and 64, respectively. First adjustable time-delay electrical switch means 86 has switchblade 88 moved by clock mechanism 90 from a first position of contact between a common conductor 82 and a first conductor 92 to a second position of open position between said conductor 82 and 92 and a closed position between the common conductor 82 and a second conductor 160. A suitable alarm means is indicated by alarm 182 or 202. A first circuit for operating solenoid 34 or 68 includes a circuit comprising switchblade 88 closing a circuit between conductors 82 and 92 and a second circuit for operating an alarm includes a circuit comprising switchblades 88 closing a circuit between conductor 82 and 160.

Due to the rigidity of the plastic containers 28 including currency therein and the strength of standard rolls of coins, package dispensers may include solenoids 34 and 68 even though solenoids operate with substantial impact.

Also, I have provided a second time-delay mechanism 106 to delay operation of said solenoids 34 and 68 after operation of a switch operating means 42 to 58, inclusive, by delaying the closing of switchblade 116.

The electrical switches 38 and 70, operated by a package of money being dispensed, operate reset solenoid 144 and thus each dispensing of a package of money resets first time-delay mechanism 86 so that for the time set delay period, operation of any of the switch operating means 42 to 58, inclusive, will cause operation of an alarm means, as 182 or 202.

Each of the switch operating means 42 to 58 operates three switches, namely, switches 124, 100, and 122. Switches 100 and 122 are in the package-dispensing circuit, while switches 124 are in the alarm circuit. Switches 122, because of their "ladder effect connection" or series connection, cooperate to prevent multiple dispensing or the dispensing of more than one package at one time. Also, because of the time delay, by second time-delay mechanism 106, switch 116 does not close until after a time delay and thus a solenoid 34 or 68 is not operated until after a time delay after the operation of a switch operating means 42 to 58, inclusive. Thus, I have provided a first electrical switch means 100, 122; a package dispenser 34 or 68; a second electrical switch 124; an alarm means 182 or 202; an operating lever means, as 42 to 58, inclusive, for operating said switches 100, 122 and 124; a first time-delay mechanism 86 having a third switch 88 moved, after a time delay, from a first position between a common conductor 82 and a first conductor 92 to a second position between the common conductor 82 and a second conductor 160. The electrical circuit for operating a solenoid 34 or 68 comprises a first switch means 100, 122, third switch 88, common conductor 82, and first conductor 92 while the circuit for operating alarm means 182 or 202 comprises second switch 124, third switch 88, common conductor 82, and a second conductor 160.

In connection with the operation of the foregoing, the second time-delay mechanism 106 is employed so that the circuit to operate a solenoid 34 or 68 includes a switch 116 and the time delay in the operation thereof. Also, once a switch operating means 42 to 58 is operated, it is held in such position until released by energizing of solenoid release 134.

Obviously, changes may be made in the forms, dimensions, and arrangements of the parts of my invention without departing from the principle thereof, the above setting forth only a preferred form of embodiment of my invention.

Claims

I claim:

1. 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.

2. The combination of claim 1 wherein said electrically operated money-package dispenser comprises an electrically operated solenoid.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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.

8. 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.

9. 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.

10. 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.