Coin Machine Journal

64
T H E COI N M A C H I N E J O U R N A L
of such policies that the protection
may be had by anyone, without exami­
nation physically or otherwise and the
issuance of the policy simply involves
recording the purchaser’s name and
address and time of the issuance of the
policy and the payment of the pre­
mium to make the same effective.
Certain safeguards must be thrown
about the issuance of such a policy by
automatic equipment however, and
hence this invention contemplates a
certain mechanical combination of
parts whereby the insurance company
or its agents may determine upon
periodical inspection of the machine,
which policy or policies were regularly
issued, and which Were not, such for
instance as where a purchaser inserted
a slug instead of the proper coin. Hav­
ing determined this fact the company
can then cancel the policy or take
other appropriate action. This serves
not only as a safeguard for the com­
pany but protects the agent as well.
The machine provides a casing in
which is located a magazine adapted
to receive the articles to be vended
and the coin In payment thereof in
separate compartments. The magazine
has a series of shelves carrying the
policies to be sold and a corresponding
shelf reserved for the payment of the
coin. Each coin remains on its respec­
tive shelf until the machine is emptied.
As there are corresponding shelves for
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here is something new in the coin machine
field. Write for illustration and particulars.
GET ON OUR MAILING LIST.
'Best Wishes for 1932
THE AD'LEE COMPANY
827 Wabash Avenue
Chicago, Illinois
January, 1932
the articles vended and the coin which
was offered in payment for any partic­
ular article, it may readily be deter­
mined which coin was offered for the
policy sold.
When the cover 2, is in place on the
casing, an inclined coin tube 34, pro-'
je'cts therefrom and is so located that
a coin placed therein slides down­
wardly onto the coin shelf 14, which
at that time is opposite the end of the
tube 34. The delivery of the policy or
other article is made through opening
35 in the front cover 2.
In order to set the machine ready
for operation, the mazagine is filled
with articles to be vended, which may
be insurance policies of. any approved
form, numbered as desired or identi­
fied in any way. A manually operable
slide 36, secured inside and to the back
of the casing 1, is moved upwardly
which causes its wedge shaped end 37
to ride under the lower end of dog 38,
thus causing it to move about its pivot
and releasing its opposite end 39, from
the teeth of rack 40, secured to the
back of the magazine. This permits
the magazine to be lowered. At the
extreme end of this lowering move­
ment, the magazine bottom engages
the slide 36, and moves it downwardly,
thus removing its head 37, from be­
neath the end of the dog, permitting
the latter to engage the rack 40, under
action of the spring 41. The front
cover 2, is now replaced and locked to
the casing and the machine is ready
for operation.
Various coin detector arrangements
are also built into this machine.
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Miniature Pool Balls
Miniature Pool Cues
Billiard Cloth
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Cue Tip Cement
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SPECIAL RIP PROOF CLOTH FOR THIS TRADE
Main Office and Factory
NATIONAL BILLIARD SUPPLY COMPANY
1721-25 West Lake Street
CHICAGO, ILLINOIS
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