Certificate dispenser

A certificate dispenser of the type including a plurality of certificate magazines disposed within a dispenser housing in vertically spaced relation and containing certificates such as bank notes which are to be dispensed in a programmed fashion wherein the improvement comprises:

• a plurality of individual take-up roller systems operatively associates with respective magazines, each of said roller systems comprising a take-up roller contacting the first certificate of a stack of certificates in the associated magazines and operable upon rotation to remove said certificate from the magazine;
• each of said roller systems further comprising feed and pressure rollers to advance a certificate received thereby through a first path;
• means for selectively actuating each of said take-up rollers;
• an endless belt conveyor extending along a second vertical path which is commonly adjacent and contiguous to each of said first paths of said take-up roller systems to receive certificates from said first paths and to carry said certificates along said second path, said second path being independent of each of said first paths;
• and means independent of said conveyor but contiguous therewith for collecting the certificates withdrawn from the magazine, said certificate dispenser further including within each of said take-up roller systems a counter-rotating roller for separating double certificates inadvertently simultaneously removed from the associated magazine, and selectively operated means for urging certificates against said counter-rotating rollers.