SAFE DEPOSIT

Evening Post, Volume CXXIII, Issue 17, 21 January 1937, Page 6

SAFE DEPOSIT

MODERN IDEAS

INGENIOUS LOCK

A lock that can be operated by any oil® of 7500 different keys, but which can be opened only by the key with which it was last locked, is the latest bad new* for cracksmen and cat burglars and other predatory persons. This is one of the features of modern safe deposit development outlined in an interview by Major Emory Chubb, a director of Chubb and Sons, of .London, who arrived by the Wanganella on a business trip to the Dominion. Major Chubb is the fifth genera- i tion of the family to carry on the business. Major Chubb said that the modern tendency® in Great Britain, as well as in many parts of Europe was the development of the safe deposit industry, j For this reason banks and private - companies often established safe de- * posits, where, for a small annual fee •• the security of a treasury costing possibly £20,000 might be obtained. * "Particular attention has been paid 2 to the design of the locks controlling : the small interior safes," said Major ' Chubb, "and locks now made could be locked by any one of 7500 different keys, but * lock could be opened only by the key with which it was last * locked. . , * "The benefit of this was that a dis- > honest renter might, . when giving up his compartment, retain a duplicate of I the key he used in the hope that at ; some future date he could rifle the same compartment when let to a new customer. But the new customer would select his own key from those held by the custodian, and having locked with this, all previous keys . which might have appi;aj£d.his lock were thrown out'of commission,"