Ray (00247) suggested a different image, in a private message that arrived just as I was about to post more explanation of my own. So it’s a tie! Thank you, Ray.
I took the original and ran it through a different program, “Digital Photo Professional” which is a Canon product. I ended up with something better than from Photoshop Elements (I’m not claiming one program is better, it could easily have been operator error):

My interpretation (with Ray’s help) is:
(something) McCormack (something)
Bank Engineers, New York
Built Under
Benjamin F. Tripp Patent
(small print, can’t read; or it’s just an artistic line)
Diebold Safe & Lock Company
New York, NY (something else, possibly Canton OH)
Here is the original in case others want to try their hand:

I may work on this some more, tomorrow.