New York Court of Appeals
The People of the State of New York, Appellants v. Hiram W. Bostwick and Others, Respondents
June 5, 186532 N.Y. 445
Summary
The Court affirmed the judgment for the defendants, holding that the bond was not delivered as a binding instrument because it was delivered by a special agent before the condition of Dickinson's signature was satisfied. The decision rests on the principle that delivery of a bond conditioned on another party's execution is ineffective until the condition is performed.