A New or Improved Means or System of Balloting for or Alloting Shares and the like.
Year: 1888

page_text: COMPLETE SPECIFICATION.
A New or Improved Means or System of Balloting for or Alloting
Shares and the like.
1, OWEN TILLEY of No. 83 Guthlaxton Street Leicester in the county of Leicester,
Licensed Auctioneer, 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 :—
This invention relates to a new or improved means or system of balloting for, or
alloting shares or drawings for building, or other such Societies, or for the drawing
of prizes and the like, being an improvement upon the present means adopted by
various Societies who meet at certain intervals to draw for shares, possibly the amount
of each share to be drawn for is £300; the successful member being entitled to this
amount or a house costing the amount which is repaid by subscription of the member
and such drawing is subscribed for by the whole of the members according to the con-
ditions then and there stipulated.
This, my system I call the S, A, B, L, E, H, O, T, system, being the first letters of
the names of the members of my own family and by its adoption any deceit or fraud
is scarcely possible.
This invention consists of the means or system which I employ in alloting shares,
or to make an allotment in a public Benefit Society where it is desired that a
drawing shall take place to secure to the successful member or subscriber, or share-
holder a certain amount or its equivalent in property or land by the combined
subscriptions of the whole of the members of such Society.
I will take it that the share to be thus alloted is £300, or any amount and such
share is to be drawn for, say every month, at possibly a weekly subscription of 6d.
each member, which would take say to make the amount required each inonth some-
thing like 15,000 members, each of the subscribers would be advised that a draw would
take place, they would then be requested to send to the Secretary, teller or other
Official appointed for the purpose a number, cypher or letter. If in figures from 1.
up to 100. that is a unit, to three figures, or may be four figures or upwards,
possibly 1000 up to 1100. as the case may be-let me take 1. up to 100.-each

page_text: number on its arrival is carefully put into sealed receptacles-when, upon the day
fixed for the drawing in the presence of the subscribers the tellers or scrutineers shall
proceed to take out the numbers and sort them in their respective heaps, in seperate
lots I will suppose the largest heap, that is the heap with the largest number of
cards, or papers having on them the figure 8, the next largest 12, the next the
figure "It having been previously decided that three heaps only to count," the
three figures are then put together, thus the holder of share nuinbered 8124. would be
the successful member and so on so that any amount or quantity of shares would
thus be alloted-if it should occur that the cypher 0. is the largest heap; that it
would count I place it behind the total of the heaps.
If the members were asked to send in a figure, à unit-say the largest heap was, the
figure 5. and it is decided that this heap only, should decide by the number of papers
or cards the heap contained, and after counting the total, it was 480. the applicant
holding the number 5480. would be the successful member, or it might be decided
to put the figure 5 at the end of the total instead of in front, then the number would
be 4805.
In those cases where the applications are far in excess of the number of shares to
be allotted, say 50,000 shares are all that is desired, by my method these would be
drawn for without choice, fear or favour; of course character and means of the
applicants being accepted, now for these 50,000 shares say 1 receive applications from
1000 applicants for 50 shares each, 2000 applications for 30 shares cach, and 20,000
applicants for 5 shares each. It would be necessary that a drawing should take place,
notice would be given to the 23,000 applicants that 50,000 shares are all that can be
allotted and each applicant is desired to send in a number, or figure of their own
choice," for as many shares that they desire, the applicants shall be requested to put
a numeral in a space provided for it on the form issued to them, say not to exceed
two figures. The number of shares that they have applied for shall upon return, be
printed on the forms, at the drawing each heap of numerals is counted, I will presume
the largest heap contains 560 papers or cards with the numeral "9" upon them, and
it is arranged that the numeral shall precede the total of papers-thus the holder of
application form 9,560 is entitled to the number of shares on the application form or
if it is decided that the numeral shall follow.the total, the result would be 5,609.
the heaps would be counted over until the 50,000 shares were allotted, the largest
heap possibly might turn up numeral "5," total of papers 906-thus either No. 5906
or 9065 would be allotted the number of shares stated upon the applicants form. If
only a small number of shares are required and it shall be decided that the three
largest heaps are counted and only the numerals of which each shall consist, and.
every three heaps added together say the first was No. 39. the next 68. and the
next 5, these added together would make No. 39685-the next three heaps No. 4, 1,
and 10, thus No. 4110. would be written down, and so on until all were allotted―
all heaps of course would be checked before the allotinent, the receptacle to hold
the papers or post cards may be constructed to have seperate compartments for
each number, cypher, or letter, thus the holder of the number corresponding with the
totals would be alloted the shares.
This system can also be applied to the buying up and selling of land, houses, or
property which can be put up by public subscription of a small amount per share,
for example say a residence was taken in hand by a Society or Syndicate to be thus
balloted for each applicant' would be required to send in a number, all arranged in
heaps and the holder of the number which should be declared from the greatest
heap or heaps, say five heaps have been decided and the numerals to be from 1000
to 40,000. and that in counting it shall be decided by the first figures only and they
should be No. 6. the next 1, the next 8, the next 4, and the next 2. thus the total
would be 61842. the holder of this number being duly registered as the owner of
same be declared the successful applicant.
If it is desired that the drawing shall be by cyphers, or letters, I will presume
the largest quantity sent in is the letter M. the name of the subscriber commencing
with M. who holds the same number or the nearest number that will tally with the

page_text: total of the largest number of papers or post cards marked M. would be the successful
member.
By these means successful and satisfactory allotments or drawings of shares or prizes
are made without fear or favour.
Having now particularly described and ascertained the nature of this inven-
tion and in what manner the same is to be performed, I declare that what I
claim is :-
-
1st. The drawing or allotment of shares, prizes and the like by the means sub-
stantially as described.
2nd. The buying and selling of property, land, and the like by public subscription
carried out in the manner specified.
3rd. The drawing or distribution of prizes of articles of any description by the
means hereinbefore described.
4th. A new or improved means or system of balloting for, or alloting shares,
or drawings for shares for building, or other societies and the like by the
use of numerals, cyphers, or letters, in the manner substantially as hereinbefore
described.
בד
1 1
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ليوم
1000