A distributing apparatus for collecting information carrying sheets of paper and the like comprising, a plurality of trays which are each pivotally mounted to a succeeding tray in a stack thereof to form a magazine of trays with a locking device for locking each tray to an adjacent tray in the magazine so that the magazine can be transported as a unit. The magazine is supplied to a guide which has a curved portion adjacent a loading station. The curved portion of the guide causes adjacent trays to pivot apart from each other and open after their respective locks have been unlocked so that one or more information carrying sheets can be supplied to each of the now opened trays. A driving mechanism in the form of rotating rollers having pins extending therefrom is engageable with angle portions extending from the trays for moving the trays along a feed path and along the guides. After the trays have been supplied with information carrying sheets, they are again pivoted toward each other through the action of the guide and locked with each other to again form the closed magazine which is transportable as a unit.