US1587987A - Savings device - Google Patents

Description

Jupe 8 1926.

4www. PHELPS SAVINGS DEVICE Filed eb. 26. 192s mima mank 5 InA Address ZOZEMA' IZ l/ I4 Il I9 I8 ab Patented June 8,1926.y *i Y i 1,587,98'?

UNITED STATES PATENT orr'lca.

WILLIAM pw. PHELPS, or Los,nivenLIss, CALIFORNIA.

f SAVINGS', naviera.l

` y Application led February 26, 41923i. Sera1VNo.621,179. Y. i

This invention relates to a device for the vention is the coin holder which, it is to bel f reception of coins, thus enabling a person understood,V may beemployed separately having the device to place Vtherein pieces of from the other features ot the invention to money with the view of ultimately taking be hereinafter described. The coinholdero 5 the device to a savings bank and depositing comprises superpOSeCi flat lnembQFS n Opl in said bank the money thus saved. The demember 11',v a. bottom 'Inelnbelxl and an vnvice, for example, is of such a nature that it A termediate'V member- 13. While these memm'ay be given by banking institutions to bers may be constructed of any suitable maltheir depositors,`in the same manner as the terial, I prefer to construct the top and bot- 65 small savings banks at present in use, to astom members ot' paper and the intermediate sist said depositors to be thrifty. member of card-board. In this instance, the l An object of the invention is rto provide a topand bottom membersare secured to the convenient means'tor appealing to the thrift- .intermediate member by glue, fas indicated iness and saving propensities of depositors so at 14:, or other suitable means. 70

15 as to facilitate the enlarging ot their savings The intermediate member 13 is provided accounts. with onewor more openings 15 in which a i Another objectis to provide a device of coin, indicated at c', is adapted to fit. The this character which isy of comparatively inintermediate member 13 is made ot slightly.l expensive construction greater thickness than the thickness of the 75 .Another Object is toV provide a bank book coin or combined `thicknesses of any desired yor folder {o1-holding the coing y number ot' coins, it being understoodthat Another' object is to combine withthe coin 'the Coins mayb@ piled 011@- POU @other holder a' deposit Slip adapted t0 ghgwthe within the opening, if desired, though the amount. of money contained in jthdcoin illustration dieclosesbuta.V singlec'oin.. In 80 zrholdey.. Thig deposit slip will be filed by thisinstance, I' have shown ten coin-receivthe bank for record the same as thevdeposit 1112 Openings lry being unCleIStOOd Vthat a# slips at present in use, y greater or less number may' be employed.

Another ob ect 1s tocombine with the coin lt Will be Seen that the Openings 15 consti" holder afdepostoys regept., Showing the tute C'Qlll-lVGCelVlIlgAIBCBSSQS, illl lllelflb'l'g 13 85 I date of the deposit and also the date of with- OTHIHQ the .Side rv01 Edge Walls .Of 'th I'B drawal of any sums from his account cessesA and 'the members'll, 12 forming the` I Another object is to provide a coin holder V50p and bottom of said reces/SGS. from which the coins cannot be extracted Each 'of they COIlfI'eCeVlg TGCGSSQS vC0111- excepting. by first destroying the holderprisesa larger circular portion 16 in which 00 l The accompanying drawings illustrate the the coin neatly fits, and a narrower portion invention; H 17 of slightly' less Width thanv the diameterw Figure 1 is a from View Gf, a Savings de- Vof the portion 16, thepointfofjuncture of v Vice Constructed in accordance yvth the, pl'othe IQCQSS pOIlllOllSV 16, 17VCOIlStll/Lltlllg SllOLll.-

'Yvisions of this invention, the device being Clefs 18 adapt/8d t0 prevent Sliding of the Q5 40' closed. 1 Y Y coinV rfrom the recess portion 16, Though Fig. 2Vis a View of the savings device in' each I GCGSS may be CODSTUCSdtOhaVe but f f i open position, showing the depggtors ireonev circular portion 16,1 havekillustrated VCeip; and the deposit slip. two circular portions for each recess, said Fig. Sis a View of 'the Savings deycdopen circular portions being at opposite ends fof v100`V i to show the coin holder Y the narrower portion 17 which is thu'sbe- Fig. 4 is a reduced yView of theprintedltweell there i Y member of which the/device is partially con- Y The top member .'11 is provided, substanstructed. 3 tially Vmid-Way oi the length of tirenarrower Fig. 5 is an enlargedplan view of the coin 'portions 17 ot the recesses, with transversely 105 holder, a portionof the covering ofthe coin extending C0111 SlOS 1S, eClbSlt, '111 .UUS holder being broken away to'disclose the vinstance.y serving tor passagc'ot coins intoVj structure beneath. p f both of the circular portions 16 ot the re- Fig. `6 is an enlarged ragmental sectional cess. The slots 18 are of as great a diameter v felevation on the line indicated by 6 6, Fig-` as the coins, and.y consequently, are slightly 1.10 y ure 3. longer than the width .of the narrower por- One of the principal features of the intions 17 of the recesses'. To insert theV coin.

, recess portie Y the member 1l `yiel -cnlar portions 15, so that n ina recess, the coin will beheld at a slight angle tothe coin holder and the edge ot the coin will cular portions until it drops into said circular portion. Yliluring its passage trui'. the slot'to the circular portion, the coin rides iipon'the r'ir'e'ins otl the rece portion 17, to pei t'einiediate iin It is desirable, .thfiingjh not necessary, Sto provide the me ier. 11 V1with 19 otsoineivhai dianie the recesses they7 Vcan .be vseen ont not a"- stracted through the openings 19.

Y rlfliongh the coin holder, described above, may be used to advantage Without employing theother features ofthe invention, sait stitnesa depositors receipt 21.Y

the device, the inem- bers 11, 12 arel'oided np` on tliei'nember 13 on the .line i; licated at in igiire t, tlnis brino'ingthe .printed 'Snr tace 23 of; the deposit siip vadpicent the printedV tace 2li oi the depoeit-ors receipt.

'. his produces a book-like structure in which the-deposit slip, the. C the coin holder are so inany leaves.` deposit; slip may. be

epositors receipt and 'thefdepositors receipt may be severeoriiroin dress or the depositor asindicated at 2T in` `Figiire 1. .1-

Y, scribed,` it is evident that the coins said coinV holder alongl me perforation Vline 26; On the outer tace lot thedepositors receipt 2l maybe Written theiiaii'ie` and adhereinbeore Vde- ""o iise the savings device inserted Atliereiinb'y the depositor, in the manner hereinbeiore described, and the depositor may enter on the deposit sho the dates upon which the various coins were inserted in the' coin holder or, if desired, he.

may simply enter the date upon which the complete iilling of the coin holder is effected.V Y This done, the depositor Will mail or take the savings device Vto the bank'. The .banlrtellerV be inserted in the slot 18 and theV coin will be pushed toward one ot the cirsevered from the coinliolder along the perioration line and.

Vwill be will tear ofi' either the member 11 or 12 and abstract the coins from the recesses and he Will enter upon the depositors receipt the total amount ofthe coins contained in the holderand'he will detachV the receipt and mail or iand it to the depositor. The teller will then detach tl e deposit slip and tile the same in the usual manner ot tiling slichYY slips. rlfhe teller will also inail or'hand to the depositor a new one o'the savings devices for future use. i

lWhile ani aware that coin holders have been heretofore employed for sending coins through the mails, it is newv to provide a` coin holder oi'i' thisV description, from which the coins cannot be abstracted Without destroying the holder, thus making the coin holder very nseitrsl as a' savings device, since the coins once inserted in the device cannot be abstractedA by the depositor Without destroying the holder. 'Y

lt will be seen that the device can be much more readily transported .to and 'from the'f baril; tliairtlie metal savings banks now gen-k' orally in use and that the device7 When filled,

Weighs substantially only niuch as the coins contained therein. rlie device being fiat can be readily carried in the pocket of the depositor, thus making possible its use' at any time during the day for the reception of coins.`

l claim: y

1. In a'coin holder,"the combination of super-posed F member hav. a Wider portion an opening` provided with to receive a'coin and with a Y narrower portion, and one ot' the other members having a coin slot communicating with the narrower portion ot the .openingY 2. In a coin holder, the coinbinationpoij' superposed flat members, the intermediate member having an opening providedrvvith spaced Wider portions to receive coins and with a narrower portion between, the Wider portions, and one of the other members having a coin slot communieatingI With the narrower portion of theopening.

3. In' a coin heldenthe combination ol' superposed `dat members, the intermediate member having an opening provided with Va Wider portion to ,receivea coin and with a narrower portion, oneV of the otherineinbei's having` acoin slot communicating with the narrower portion, and one of the last named Vmembers havinga sight-opening communieating with the rWider portion of the .tiret opening.

February, 1923..

16th day oi f VILLAM lV.

VSio'nedat Los Angeles California this D L., j 3

members, the intermediate riiiniirs, Y

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