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The last couple of range nights we have spoken of a safe door ready for a gun room. This was saved from a reconstruction in progress as the new owners think it's cool, along with 820 safe deposit boxes. I got a peek as the owner was inside and when I looked in the window he invited me in. Also is the area where the vault was. IT was a big job ripping out the vault.
The quality, skill and workmanship never mind the absolute complexity on the older Mosler vault doors makes them works of art in every way. And there tough SOBs to get open past short of using a Javelin AntiTank missile…
When I worked for ACLDD -- they have a treatment center on Hempstead Tpke. in Levittown -- was a bank --- in the basement is one of these -- they use the vault for storage - door is locked open --- for a 3 ton door --- you can push it with your finger --
There's also a Murphy board --- so the building should date back to the 1930's ?
NRA Instructor / RSO & NRA Life Member / S.A.F.E. Armorer / 03-FFL / Moist Nugget gun nut / Ammosexual / And a right wing Republican Jew with guns
Not sure where I heard this, perhaps from this from safe & vault industry peeps but IIRC the technicians who hung these very well made vault doors balanced them so well and precisely on ball bearing hinges that a "young dainty female teller could close it"...not PC but true to this day on ones still in place.
The Woolworth building in Manhattan has tours, had tours? And they bring you down to the basement where the pool and a emense vault is, the safe deposit boxes were used by the electrician and others as parts storage. The pool is there due to the fire department didn't have water to supply a fire in the tallest building at the time. So Woolworth put like a Olympic size pool in
The Woolworth building in Manhattan has tours, had tours? And they bring you down to the basement where the pool and a emense vault is, the safe deposit boxes were used by the electrician and others as parts storage. The pool is there due to the fire department didn't have water to supply a fire in the tallest building at the time. So Woolworth put like a Olympic size pool in
My Pappy got me a job in the Bronx warehouse in Hunts Point 1967 -- as a kid I remember going into the Manhattan building a few times --
NRA Instructor / RSO & NRA Life Member / S.A.F.E. Armorer / 03-FFL / Moist Nugget gun nut / Ammosexual / And a right wing Republican Jew with guns
They used a forklift to get it from where I found to a flatbed, then off the flatbed to my house. When I sold it before moving, they used 4 guys to roll it.
With the right upkeep and or restoration on both the older type combination lock and the older safes, these can keep going for quite a bit of time. A vast majority of these safes held cash and coins in just about every type of store you can imagine, as cash was king!
This might be a dumb Question, but can you sue a bank if your safe deposit box gets robbed? There is absolutely no way to prove what was in it at the time of robbery.
This might be a dumb Question, but can you sue a bank if your safe deposit box gets robbed? There is absolutely no way to prove what was in it at the time of robbery.
CitiBank
10. Compensation Policy / Liability of Bank -
a. The Bank shall ensure proper functioning of the locker system, guarding against unauthorized access to the lockers and providing appropriate safeguards against theft and robbery.
b. The bank shall not be liable for any damage and/or loss of contents of locker arising from natural calamities or Acts of God like earthquake, floods, lightning and thunderstorm or any act that is attributable to the sole fault or negligence of the customer. Banks shall, however, exercise appropriate care to their locker systems to protect branch premises from such catastrophes.
c. The Bank ensures the safety and security of the premises in which the safe deposit vaults are housed to prevent incidents like fire, theft/ burglary/ robbery, dacoity, building collapse do not occur in the bank’s premises due to its own shortcomings, negligence and by any act of omission/commission. In instances where loss of contents of locker are due to incidents mentioned above or attributable to fraud committed by its employee(s), the banks’ liability shall be for an amount equivalent to one hundred times the prevailing annual rent of the safe deposit locker. Further, banks shall adhere to the Master Directions on Frauds for reporting requirements about the instances of robberies, dacoities, thefts and burglaries.
d. Bank is having an insurance policy to minimize the loss due to incidents like robbery, fire, natural calamities, loss during shifting/merger of branch, etc., affecting contents of lockers.
e. Bank does not keep record of contents of locker placed by the customer/locker licensee(s) and would not be liable to insure the contents of lockers against any risk whatsoever
“The Wise are silent, the Foolish speak, and children are thus led astray.”
― Algernon Blackwood
So it looks like the the most you could get is 100 x the annual rent. My bank gives me the box for free so 100 x 0 = 0. Even if I paid the annual fee it's about $120 so 100 x 120 = 12,000. Not very much.
d. Bank is having an insurance policy to minimize the loss due to incidents like robbery, fire, natural
calamities, loss during shifting/merger of branch, etc., affecting contents of lockers.
e. Bank does not keep record of contents of locker placed by the customer/locker licensee(s) and
would not be liable to insure the contents of lockers against any risk whatsoever.
Yes, it works both ways. You keep your privacy and the bank doesn't know what's in your SDB, but how can anyone pay out a claim if you "say" you have $100K worth of diamonds in there? Even with you personally video recording your contents and locking of the box, how can anyone authenticate what you have was real? Luckily the cases of a bank getting its SDB's robbed are extremely rare.
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