Improved Credit-slip Tablet.
Year: 1892

page_text: Date of Application, 11th Mar., 1892-Accepted, 16th Aor., 1892
COMPLETE SPECIFICATION.
Improved Credit-slip Tablet.
1, EDWARD SEYFARTH, of Lanark, Illinois, U.S.A. Inventor, do hereby
declare the nature of this invention, and in what manner the same is to be
performed, to be particularly described and ascertained in and by the following
statement :-
The object of this invention is to enable merchants who deal with customers
personally known to them to dispense with accounts without abandoning the credit.
system in business, to avoid mistakes and disputes as to items, and to keep the most
exact knowledge and control of the business. These ends are attained by obtaining
the signature of the customer to a promissory-note printed at the bottom of each
credit-slip. Ordinarily requesting settlement by note of each credit-purchase would
be out of the question; but by the use of a novel credit-slip the ends above set
forth have been for a considerable time fully attained with great satisfaction to
both merchants and customers.
The invention is fully illustrated in the accompanying drawings, in which-
Figure 1 shows a tablet of credit-slips involving my invention.
Fig. 2 shows the reverse side of the slip seen in Fig. 1.
Fig. 3 shows a duplicate slip alternating in the tablet with the slips of Figs. I
and 2.
Fig. 4 shows the top of the slip of Figs. 1 and 2 detached and folded so as to
bring its number alongside the other matter upon the slip.
In the drawings, A is a credit-slip having the usual business-card heading and
blank space for items of sale. Below the blank space is printed a promissory-note
form D, and above the heading is a stub E, made detachable from the body of the
slip by a line of perforations, and having at one end a number pertaining to this
slip only, the slips being numbered consecutively in each tablet. Upon the
reverse side of the stub and upon the end or half opposite the number upon the face
is printed a form for the name of the promisor, the amount for which the note is
given, and the total amount paid. These slips are numbered consecutively and
alternate in the tablet with the duplicate slips shown in Fig. 3, which register
accurately with them, so that the matter entered upon the first slip may be
transferred by a carbon-sheet to the corresponding blank spaces in the second.
The articles bought being entered, with the prices, in the usual manner, and the
note having been filled out for the sum of the items above, both slips are torn
from the tablet, the first to be retained, the second or duplicate to be given to
the customer. The one retained is then folded lengthwise in the middle and
indorsed with the name and amount upon the stub. It is then in convenient
form for filing away until it becomes due or is paid. As a matter of con-
venience, a register of the notes may be kept, and such register may be of any
desired form, but is preferably such as to permit finding a given note by the
number of the slip upon which it is written. Partial payments may be noted
upon the back of the slip in the usual manner, and when the note is fully paid it
is so stamped and delivered to the customer. The remaining blanks upon the
stub are filled at this time, and it is torn off along the line of perforations,
folded as shown in Fig. 4, and used like a cash-sale slip in making up or
checking the cash received for the day. It is also used in marking the note
paid upon the register, if one is kept. The end of the stub is gummed at F, so
that when folded as stated it may be secured in place.
It is to be noted that the customer signs at the time that the bill is made out
by the seller or his clerk, so that both parties are practically stopped from after-
wards questioning the correctness of the fill. I have found it convenient to use

page_text: tablets of different tints for notes of thirty, sixty, and ninety days, giving the
customer such time as he may request, the colours preventing mistakes by clerks;
nor is it very material that long time is given, for these notes may be deposited in
bank and advances be obtained upon them. In short at the close of each day the
entire proceeds of sales is cash or its equivalent if the usual caution in giving credit
has been exercised.
Having now particularly described and ascertained the nature of this my said
invention, and in what manner the same is to be performed, I declare that
what I claim is :
1. The combination, with a credit-sales-slip form, of a promissory-note form
printed upon the same sheet and a stub adapted to be torn from the slip and having
printed upon it a form for a summary or memorandum of the note, substantially as
set forth.
2. The combination, with the credit-sales-slip form and the promissory-note form
printed below it upon the same sheet, of the detachable stub having upon its face
the identifying number, and upon its reverse side the gummed surface and the form
for the summary or memorandum of the note.
3. The combination, in a credit-sales-slip form having the promissory-note form
printed upon the same sheet and the detachable stub bearing the summary form and
the alternate duplicate slips having their blanks registering with the blanks in the
first, substantially as and for the purpose set forth.
Dated this 11th dow of Morah 1902
W. H. MUNNS,
Applicant's Agent.