System for preventing unauthorized cashing of travelers checks o

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Patent

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283 58, B42D 1500

Patent

active

039500136

ABSTRACT:
A system for preventing unauthorized cashing of Travelers Checks or the like negotiable instruments, wherein such a check has a space for an initial comparison signature and a space for a payee signature at the time of cashing, comprises a label arrangement that is affixed over the initial signature by the seller of the check so as to sealingly overlie and completely conceal the initial signature. Such label arrangement includes a transparent plastic tape strip that has an adhesive underside protected by backing strips which are removed by the seller of the check so that the tape strip can be fixedly superimposed on the face of the check over the initial signature. The tape strip has overlying opaque covering strips adhesively affixed to its outer face which conceal the initial signature and which are peeled off from the transparent tape strip after the payee signs the check at the time of presentment so that the payor can then compare the initial signature and the signature of the person presenting the check for payment.

REFERENCES:
patent: 1307560 (1919-06-01), McQueeny
patent: 1329250 (1920-01-01), Lonson
patent: 1479534 (1924-01-01), Curtis
patent: 1621865 (1927-03-01), Bacon
patent: 2292272 (1942-08-01), Hirshfield
patent: 3227473 (1966-01-01), Halbern
patent: 3524271 (1970-08-01), Buske

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