Patents by Inventor John Joseph Lynott

John Joseph Lynott has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 4106667
    Abstract: A currency dispensing apparatus employs a removable portable cartridge having a plurality of compartments for storing currency of differing denominations to be dispensed during successive transactions, another compartment for receiving a journal record printed as each transaction is completed, and a different compartment (preferably defined by a detachable portion of the cartridge) for storing rejected currency. Upon removal from the apparatus, the cartridge will thus contain all undispensed currency, including rejected currency, and also contain a complete journal record of all transactions conducted at the apparatus using that particular cartridge. The cartridge comprises two concentric members, the outer having an opening through which currency is dispensed, and the inner providing the compartments. The appropriate currency compartment is rotatably aligned with the dispensing opening, which is adjacent a dispensing station.
    Type: Grant
    Filed: December 20, 1976
    Date of Patent: August 15, 1978
    Assignee: International Business Machines Corporation
    Inventor: John Joseph Lynott