Patents by Inventor Richard W. Hammond

Richard W. Hammond 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).

  • System and apparatus for dispensing negotiable instruments
    Patent number: 5119293
    Abstract: A negotiable instrument dispensing system wherein the dispenser is located at the point-of-sale and coupled to a cash register through which an operator can ring up the sale of the negotiable instrument, such as a money order, on the cash register which commands the dispenser to issue the instrument in the proper amount. If the instrument issuer and the agent for the issuer are two separate entities, a first computer controls the dispenser to limit the liability of the issuer while the second computer continuously informs the agent of its instantaneous liability.
    Type: Grant
    Filed: March 16, 1990
    Date of Patent: June 2, 1992
    Assignee: Republic Money Orders, Inc.
    Inventor: Richard W. Hammond