US178767A - Improvement in canceling-machines for bonds - Google Patents

Description

Z Sheets-Sheet 1. I. L. HARLEY. I CANCELING MACHINE FOR BONDS. N0.178,767. Patented June13, 1876.

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I 2 SheetsI-Sheet 2.

J. L; HARL'EY. CANCELING MACHINE FOR BONDS.

Patented J'une13,'18 76.

NPEi'ERS, PNOTO-LITHOGRAFHER WASHINGTON, D. C.

UNITED STATES P TENT QFFIGE.

JOSEPH L. HARLEY, on WASHINGTON, DISTRICT on COLUMBIA.

IMPROVEMENT IN CANCELlNG-MACHINES FOR BONDS.

Specification forming part of Letters Patent No. 178,767, dated June 13,1876; application filed January 18, 1876.

To all whom it may concern Be it known that I, J OSEPH L. HARLEY, of Washington, in the county ofWashington and District of Columbia, have invented certain new and useful Improvements in Oan'celing- Machines; and I do hereby declare that the following is a full and exact description thereof, reference being had to the accompanying drawings, making a part of this specification.

My invention relates to certain novel improvements in machines for canceling United States coupon bonds, or other evidences of value, where some portion of the face is to be left uncanceled, in order that it may be readily distinguished, and yet be so mutilated, together with all its coupons, as to destroy its pecuniary value; and to theseends my invention consists of a machine provided with rotating male and female die rollers, having male and female dies so arranged on their peripheries that punctures will be made in a sheet passing between them, with special reference to the points to be punctured and those to be left perfect; and also in the peculiar construction and operation of the feed-rollers and the female dies, as will be hereinafter more fully set forth.

, tomary, in the cancellation of the bonds, &c.,

of the United States, to e'mployan ordinary hand-punch similar to a wad-cutter, which was driven through the paper and onto a bed of solder, or other suitable metal, by a blow from a hand-mallet. This is tedious and noisy in the extreme, and has only been resorted to on account of there being no practical machine known which would accomplish the ends desired with precision and regularity. One of the great defectsin all attempts at securing such a machine'has been the characterand imperfectness of the feed. That sort of feed which was supposed to be absolutely necessary was an intermittent feed, and was only accomplished by the temporary suspension of the movement of the machine. This, it is obvious to any mechanic, subjects a machine.

' requiring the power of a punching-machine to such sudden and powerful concussion as to render it inoperative in a very short. time.

All the difficulties heretofore experienced have been successfully overcome by my invention, and the punching or canceling of such evidences of value as coupon bonds rendered simple and rapid, with an accuracy not heretofore attained, and with little or I10 .noise.

To enable those skilled to more fully appreciate the construction and operation of my invention, I will proceed to describe the same, referring by letters to the accompanying drawings, in which-- c Figure 1 is a front View of a machine embodying my invention. Fig. 2 is a vertical section at the line as a: of Fig. 1; Fig. 3, a detail view, on an enlarged scale, of the dierollers and feed-rollers; Fig. 4, a detail view of the female die-roll, showing the manner of securing the dies in place, 850., and Fig. 5 is a plan view of an ordinary coupon bond, as

having been canceled by my improved machine.

Similar letters indicate like parts-in the several figures. Y

. A represents the frame of the machine, in which are arranged, in the most approved manner, the bearings for various rolls and driving-shafts, and on which is secured front and rear feed and delivery tables B O. D is the shaft of the male die, drum, or roll, which 4 is preferably made up of a series of narrow rolls, E, equidistant apart, the outside ones provided with male dies a at proper distances I apart around its whole extent, while the intermediate ones are provided with similar dies only to such an extent as will secure the passage of the sheet unmutilated at or during a given distance.

F is the shaft of the lower or female'die, drum, or roll, constructed with similar rolls E to the upper one, and provided with female dies corresponding to the position of the male dies on the upper drum. These female dies are made by facing the narrow rolls with a rim or tire of steel, punched .in an obvious manner, as shown on the extreme leftroll, or, preferably, by securin g thimble-dies b (see Fig. 4) within the face or periphery of the roll, as illustrated on the extreme right roll. These dies bare made slightly tapering, and seated .sheets and a consequent imperfect feed.

.At the rear-of ithe deliverytablex 0 there may be secured a receiving-box for gathering driving-shaft I, which is provided with a crank,

K, or suitable hand-pulley. Inside ofthe frame, and at each end of the drum-shaft D, there is a cam, L, (represented more clearly in dotted lines at Figs. 2 and 3,) against or in contact with which the free end of two arms, M, are

held by the weight of afeed-roll, N, having its hearings inthe other-end. .HThesearmsare it pivoted at or near. their centers, hysuitable H brackets, to the frameA, so that the rollxN is xmade to lift and. fall by the action of theicams L at the propertimes, O is. a hollow feed-roll arranged upon and around the main driving; shaft Lsothat it is made; .totravel in an op.-

posite direction to'said'shaft, (in orders to prop?- .the cam, the. roll Niis againalifteih so that i. ample time is them allowed forthe adjust- -ment ofithe next sheet or number of :sheets. 1 The ;sheets,-as they are punched, are carried tothe rear of1the1,-machine onto the delivery- :table 0,: and. dropped intoi a1 receiving-box, whilethe clippings drop underneath, into a suitable receptacle.

.erly feed the sheet,) by means of bands P pass;- in g over said feed-roll and overthewendsof the lower die-drum. Q isone of any suitable numfher of bolts for. bracing the two sides oftthe uframe Altogether. R is: a-registerzplate and i guard arranged on the feed-tablecB, which it serves as a guide to registerthe sheetswbefore theyare taken by the feed-rollers, and-which;

- hyits, height fromsaidmhed,determines the number of sheets which .may be fed at once}. This plate may also be. provided. with fingers projecting toward the bite of the fGGfleIOllS,

which shallserveto hold the edges of the sheets down and prevent the tendency to turn up, which might induceato. disarrangement of th the canceled bonds in the order in whichthey may have been punched. i

The clippings may also be. directed into any suitable receptacle underneaththe machine} The male and female dies may bothbe so .securedthat they may be taken out or left in" andfthus they'maybe readilyrearranged for different kinds of work. 7

. Having described the construction of. my improved machine, I will. now describe. its

operation with special reference to ithe :cancollation of a United States coupon bond,

snchas is briefly represented at Fig. 50f the drawing.

In this kind of a bond it is necessary that the stub should be canceled withoutdefae ing thexduplicate numbers,which are arranged at any two pcints,an'd, at the same time, secure the certain cancellation of every coupon, one row of which may happen to be in line with the numbers on the stub which are to be avoided, and hence the difficulty of punching by machines as heretoforeconstructed. The bond must also be perfectly registered before it begins to be fed; otherwise it would be imperfectly cancelled.

With this premise I will proceed. A bond or any given number of bonds are placed illPOnlJhGfGfld table B and pushed. under the register-plate R, (which will only admit the passage of a given thickness or number of sheets,) and registered by the edge of said plate-that is, the dividing-line between the stub or bond proper and the coupons is made to :coiucide. with the edge of the plate It. This is done whilethe upper feed roll N is in an elevated position, which permits of any adjustment of the sheets before the die-drums have been rotated, so-as to bringuthe dies around, which are i to act. first, when, sim ul- .taneously, the free ends of.thearms .M of

theroll N pass the step. on: the cam.L, and

=.insta'ntly allow; the-rollto idrop, causingia ibite hetweenfitand the lower feed-roll O.

- The sheetsware then: carri'edl forward to the dice-which, after the first ;one entersyserves asxai sufficienttieed, when, by;.the action. of

Thetbearings of theishaftsi ofi-the two die drums vor. carriers .being made adj ustahle .in i any suitable; manner, they may i be. adjusted :with reference. to the. character of wvork .1 to wbeiperibrmed. :The :dieswbeing removable wornphereplacedhy new. ones, or maybe moved and: arranged: with. special reference to. .theidesign of. the matter: to hecanceled, and to the movements oflthe upper feed-roll N, as governed by:the cams L, sothata .reg-

'ister having been obtained, the roll N will drop and .feed and the dies punch as if i11a manner endowed with; intelligence and i will,

'so that little or no: judgment .orskill is necessary to be exercised by the. operator, and

the movement of the machine is not inter- .mittent, but continuous and almost noiseless.

Having described the construction and operation of my *improvedmmachine, what-I claimas new, and desire to secure by Letters Patent, is

1. In a machine for. canceling :bonds,-&c., a series of die-holders, E Eyeach provided with removable punches and;dies,rcspectively,las described, in order. that the sheet passing between the same may be punched in any given design, as illustrated at Fig. 5, substantially as and forthe purposes set forth.

. 2. Incomhination with themaleor female die carrier or drum. and the feed-rolhhaviug a fixed location, the automatically-operating 4. The female dies 1), arranged in couplets feed-roll N or its equivalent, constructed and and secured in position by'lneans of transoperating in substantially the manner hereinyerse feathering-pins c, substantially as and before set forth. for the purpose set forth.

3. The hollow feed-roller 0, arranged on Witness my hand and seal this 18th day of v the main shaft I and connected, by suitable January, 1876.

mechanism, to the shaft of the lower rotary JOS. L. HARLEY. L. s.]

drum, whereby the roller 0 is driven in a re- Witnesses: verse direction to that of the shaft 1, substan- I J NO. J. BONNER tially as and for the purposes set forth. I ARTHUR L. MGINTIRE.

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