Binding device

In a binding device of a type in which a closed loop elongated elastic band having opposed first and second ends is disposed in encircling relation about a bundle with said first end projected through the second end and held against withdrawal therefrom by a dowel pin inserted in a directional path through said projected first end, the improvement comprising a circular notch V-shaped in cross section at a medial location on said dowel pin, said band being wrapped about said notch of said dowel with the first end of said band being passed through said band loop whereby the second end of said band is cinched tightly about said dowel within said notch, said projected first end of said loop being subsequently seated in said notch upon bundle encirclement under the urging of said elastic whereby further movement of said dowel pin along said directional path is inhibited to correspondingly obviate inadvertent disengagement of said binding device from about said bundle.