Document dispenser with escrow system

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 4397455
SERIAL NO

05765827

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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An apparatus for dispensing documents from a storage location to a discharge area includes structure for transporting the documents from the storage location along a transport path to an escrow or collection station. The leading and trailing edges of the document are positioned in a holding position removed from the transport path at the collection station so that successive documents may be loaded into the collection station. The apparatus includes a double detector for separating two documents removed at the same time from the storage location and for returning all but one of the simultaneously removed documents to the storage location. When the proper number of documents have been collected in the collection station, they are moved along the transport path and deflected to the discharge area by a divert gate positioned in the path of the collection of documents. However, the divert gate is positioned to deflect the documents to a divert bin where there has been an error in discharging documents from the storage location to the collection station. Thereafter, the dispensing cycle is repeated.

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First Claim

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Family

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Patent Owner(s)

  • BANKERS TRUST COMPANY;DIEBOLD, INCORPORATED;XEROX CORPORATION;DOCUTEL CORPORATION

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Hickey, Richard C Plano, TX 9 402

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