0
The letter drop box was invented in 1973 by Robert Spencer who worked for Dow Chemical in Midland, Michigan. Their concept was to deposit funds from customers as soon as possible then Dow would turn around and "loan" out short term (like a weekend) funds for large corporations for purposes like meeting payroll. They made tens of thousands of dollars from a lot of "weekend loans."
If they had a customer who mailed funds from Oregon, they were given an address to a lock box close enough so the payment would reach the box within one day. Courriers would visit each box multiple times a day and deposit the funds in a Dow Chemical account.
What else can I help you with?
Why was Philip b downing important?
He invented the street letter drop mail box with a door to keep the mail safe.
What did Philip b. downing invent?
The credit of inventing the protective public mailbox(letter-box) goes to the Philip B. Downing, who was from Boston, Massachusetts, had been awarded a U.S. patent(No.462,093) for animprovement to the street letter (mail) box on Oct. 27, 1891.http://www.briskinfo.com/inventions/who-invented-street-letter-drop-mailbox.html
Where is Philip b downing born?
The credit of inventing the protective public mailbox(letter-box) goes to the Philip B. Downing, who was from Boston, Massachusetts, had been awarded a U.S. patent(No.462,093) for animprovement to the street letter (mail) box on Oct. 27, 1891.For more info..http://www.briskinfo.com/inventions/who-invented-street-letter-drop-mailbox.html
How long does it take to mail a letter from Oklahoma to Lake Charles?
About two seconds to drop it in the mail box. The post office will take 2 to 5 business days to deliver it to the destination.
What is a 4 letter word the mean to put a letter in the mail box?
mail, post
How long does it take to mail a letter from Hutchinson MN to Cincinnati oh?
A few seconds to drop it into a mail box. It will take 3 to 5 business days for First Class mail to reach its destination, though it is often shorter.
How do you mail a letter?
you put a stamp on the letter, stick it in your mail box, or run up to the nearest post office, or stick it in the mail box outside the post office.
How do you mail something big?
If the item is too big to fit in a letter box, you can drop it off at a post office or get it picked up and delivered by a logistics company.
Who invented the mailbox?
George E. Becket, He was granted a patent for his "house-door letter box", a mail slot that was permanately mounted on the front of a house.
Who was G E Becket?
He invented the mailbox: He was granted a patent for his"house-door letter box", a mail slot that was permanently mounted on the front of a house.
How do you get rid of the mail that is not under your name but sent to your property address?
You mark them "addressee unknown" and "return to sender", then either put them back in your mail box for pick up or drop them in any mail box.
How long should it take to mail a letter on Friday in same state?
It depend on how close the mail box is to your residence and your mode of transport to the mail box.
