US1630095A

US1630095A - Savings system

Info

Publication number: US1630095A
Application number: US24005A
Authority: US
Inventors: William A Ringler
Original assignee: Individual
Current assignee: Individual
Priority date: 1925-04-18
Filing date: 1925-04-18
Publication date: 1927-05-24
Anticipated expiration: 1944-05-24

Description

,fv 2.1M. a 27H 27 May Z4, 1927. 1,630,095

w. A. RINGLER SAVINGS SYSTEM Filed April 18. 1925 2 Shoots-Sheet 1 539A .Z EEM' z5 l f iger /wx /925 3 f4 SAVE FUR xM/Is FUND Oo "of 3^ 5I? 1925 JAW 3 L/Irfsr wss/(LY DEPOSIT naf W JHM l Ipec. Z7 26m/NE 20 May 24.1927. 1630 w. A. RINGLER 095 SAVINGS SYSTEM Filed Aprn 18. 1925 2 shuts-sheet 2 l Dsc. Z JHM.

mv. M

/925 WZ .wz /925 DEC' l 1020.2

O0 i PER WEEK Patented May y2.4, 1927.A

, WILLIAM ganrnernn, orrHInAnELrHIA, :PnNNsYLvANIA- sAvrNG's SYSTEM.

'Application ined April l1a, 1925. serial No, 24,005.

. The object of this invention is to devisea` novel 'savings' system wherein the usual coinplicated system of keeping records of payments and of working out the interestwhich isfdueto thedepositor'i's eliminated.

lVith'theabove and other objectsin View, v

, my. invention `comprehends a novel savings system wherein the l receipt slip yforv the .depositors4 foldervand the .bank y receipt ,card can f be j simultaneouslyl receipted aand a sym'- bol indicative of? the :interest to which the depositor is entitled Vcan also-b`e simultan- 1 ,e'ouslyapplied-to' the folder and card...

It furthercomprehends `novel means y'for simultaneously `dating. the depositors receipt and l'theba'nk receipt card and l'forrender vingtheesymbolwoperative or inoperative, @so

that if 1a `deposit is not `made on time the interest lsymbolfwill kvnot be printedfon the depositors slip for `on the receiptl card. f

1- Other novel features of construction VKand t advantag'e'will hereinafter more4 clearly appear ,in thedetailedl description landjthe appended claims. n ,y l For the purpose .ofrillustrating the L invention,l I have shown 2in 'the accompanying vdrawing a typicaly embodiment of it, which in practice, `will give reliable and `satisfactory results.V :.It is, however, to befunden stood that this embodiment Lis typical only' and` that the various instrumentalities vof which my: invention yconsists can kbe various#` i ofthe bank receipt card.' l

f Figure "5 's a vplan view of zthe 'other face ,q v Figure Gis `asectionon ,ure 7. `v

Figure -7 is 'a sectional: plan view through the duplicate dating stamp with the assemf bled Vdepositors receipt vr'slip and fthe p bank car-d insertedtherein. y 1 designates afdepositors yreceipt slip `which islin the lform 'of afolded card, the outer faces of which are provided with: consec'utively numbered spaces as at 2, fand the front face ofthe slip and its upper and` lower portions has indicated, as at 3,jthe year for examplellQQ, and as at 4, the nu1nberof the depositors slip. fAtgthe bottom of eachl column of spaces isindicatechashat 5, the amount which is to be` depositedle'ach wee The insideof thevfolder basa place,lias' at 6, tovi'ndicate the name and address of the depesitolg-and alsotherules and regulations 7, which may vary lin practice. A

For the purpose of fully explaining "my invention, I have indicated at 7 `spacefor` vrules andregulations which can be employed for a Christmas saving` fund. K i g At 8, is aspace. foinindicatingthedate on which :the fund is withdrawn Eand also the amount, and'at 9, is alplaceiforthe signaturek'of the depositor. y l. 1 i l conjunction with this depjositorsref `cerpt, a 'bankreceipt filing card `10y ployed having on one facev consecutively numbered spaces arranged 1n columnsfasat 11., and, Iat the top portions, the year, `as at 12', and.the'nu1nber of the receipt card, as Y l atilS, which number corresponds to thenumf. ber 4 of the depositors slipl. ,This kface top portion, as at 14E, theamountof each y separate deposit. l 1

l yThe outer face of the card,as at l15, has' l a place for the sigmature andl address of -the depositr, the number of his account and the dateof his birth; v l

lBelowthis as1atj16 is printed or indicat-c` ed-I herewith agree tothe rules andiregulations ofthe Save-for-.Xmas-Fund, and a place is' provided for the signature 'of the depositor.v z f l The bottom portion of the card separated'loyy linesinto spaces l17-and 18,1thevsp'z'tce relating to lthe account, and` the space-118 17 being adapted to receive any desired data f;

being adapted to receive the date when the account isfpaid and also `in separate` column spaces in whichzto record the deposits and interest-meritsand theirtotals. 5 U In connection with the `depositorsslip and the bank` receipt card, l preferably femploy a duplicate dating stamp, the` general construction and operatin `ofwhichis conventional, except that thel duplicate dating stainp'sis providedwith a base 19 which ex` tends beneath an aligning slot 20, anda slide 21 :is .provided having `end portions ,or ,l

has also indicated on it `preferablyfat kthe `.35

tongues 22, which, when the slide is moved inwardly, will prevent the symbols, such as for example the stars 23, from being printed on both the depositors slip and the bank receipt card.

The slide 21 has its ends guided beneath the strips 24 carried by the base 19.

25 is an envelope to receive the depositors receipt and this envelope may if desired have indicated on it as at 26 the latest weekly dates on which payments are to be made to entitle the deposit-or to receive interest.

The manner in which the savings system is used will now be apparent to those skilled in this art and is as follows When a depositor desires to open an account, his name and address is filled in at the place 6 on the depositors receipt 1 and also at 15 on the bank card 10. The depositor signs the bank card below the printed matter 16.

When a depositor makes a payment he brings in the deposit slip and makes one or more payments as he may desire. The bank clerk inserts the bank card between the leaves of the deposit slip 1 so that the lines are inregister and then moves the aligned deposit slip and card into the duplicate dating stamp, and the date on which the payment is made is simultaneously indicated on both the deposit receipt and the bank filing card.

If the payment is made on time or ahead of time and the depositor is entitled to interest, a symbol, such as for example a star, is stamped on the aligned spaces on both the deposit receipt and the bank card in proximity to the date of payment. If payment is made late or if the depositor is not entitled to an interest credit, the slide 21 is moved inwardly so that the interest credit stars will not be printed.

The depositor and the bank each have an accurate record of the payments which have been made and of the interest to which the depositor is entitled.

My present invention is not limited for use with savings systems but can be used in other cases where payments on the installment plan are made.

In order to economize material I employ consecutively numbered spaces arranged in columns, the numbers on one column reading in a reverse direction to the numbers on the other column on both the deposit slip and on the bank tiling card. Y.

The deposit slip 1 may be reinforced by means of a strip 27 of cloth or paper secured to it in any desired manner for example by adhesive material.

As will be understood by reference to Figures 2 and 4- the time on which payments are due may be indicated on both the depositors receipt and the bank receipt cards. I have shown in these due dates on a few of the spaces but it will be understood that, if used, each space would have indicated on it the date on which a payment is due.

Having thus described my invention, what I claim and desire to secure by Letters Patent, is:

1. Means for conducting a savings system, comprising a deposit receipt in the form et a folded strip having on one outer face av column of consecutively numbered spaces and on its other outer face a column of cousecutively numbered spaces reading in a reverse direction to the numbers of the lirst column, and a bank filing card having on one face columns of consecutively numbered spaces, one column of which reads in a reverse direction to its other column, whereby when one edge of the bank card is inserted and nested in the folder one of its columns will be covered and the spaces in its other column will register with correspondingly numbered spaces of the deposit receipt to enable the stamping of duplicate dates, and when the bank card is reversed and its opposite edge inserted into the folder, only the numbered spaces reading in a reverse direction will be visible and will register with the visible correspondingly numbered spaces of the deposit slip to enable the stamping of duplicate dates.

2. Means for conducting a savings system, comprising a deposit receipt in the form of a folded strip having on one outer face a column of consecutively numbered spaces and on its other outer face a column of consecutively numbered spaces reading in a reverse direction to the numbers of the first column, and a bank filing card having on one face columns of consecutively numbered spaces, one column of which reads in a reverse direction to its other column, whereby when one edge of the bank card is inserted and nested in the folder one of its columns will be covered and the spaces in its other column will register with correspondingly numbered spaces of the deposit receipt to enable the stamping of duplicate dates, and when the bank card is reversed and its opposite edge is inserted into the folder, only the numbered spaces reading in a reverse direction will be visible and will register with the visible correspondingly numbered spaces of the deposit slip to enable the stamping of duplicate dates, said deposit slip having on the inner faces of its folds a suitably designated space for the name and address of the depositor and a suitably designated space for the withdrawal date and the signature of the depositor.

3. Means for conducting a savings system, comprising a deposit receipt in the form of a folded strip having on one outer face a coluInn of consecutively numbered spaces and on its other outer face a column of consecutively numbered spaces reading in a reverse one edge 'ofthe bank card is inserted andV nested in the folder one of its columns Will be coveredv and the spaces 1n its other column Will register' 'with correspondingly numbered spaces of the deposit receipt to enable the stamping of duplicate dates, and When is reversed and its opposite the bank 'card edge inserted into the folder, only the numbered spaces reading in a reverse direction Will be visible and will register With the Visible correspondingly numbered spaces of the deposit slip to 'enable the stamping of duplicate dates, said bank card havingy on the reverse face of the column carrying face, a suitably designated space for the name and address of the depositor and a suitably designated space for the date paid out and the 'total oi' .deposits and interests paid out.

lWILLIAM A. RINGLER.