ESCROW
A Law Dictionary · 1910 · p. 10
A scroll; a writing; e. deed..Particularly a deed delivered by the grantor into the hands of a third person, to be held by the latter until the happening of a contingency or performance of a condition, and then by him delivered to the grantee. Thomas v. Sowards, 25 Wis. 681; Patrick v. McCormick, 10 Neb. 1, 4 N. W. 812; Cagger v. Lansing, 57 Barb. (N. Y.) 427; Davis v. Clark, 58 Kan. ·100, 48 Pac. 563; Easton v. Driscoll, 18 R. I. 318, 27 Atl. 445. A grant may,be deposited by the grantor with a third person, to be delivered on the performance of a condition, and on delivery by the depositary it will take effect. While ln the po e ion of the third person, and -subject to condition, it is called an "escrow." Civil Code Cill. § 1057; Civil Code Dak. I ·609. The state or condition of a deed which is -conditionally held by a third person, or the po e ion and retention of a deed by a third person pending a condition; as when an in- ·strument is said to be delivered "in escrow." This use of the term, however, ls a perver- •Bion of its meaning. ESCROWL. · In old English law. Anes- •crow; a scroll. "And deliver the deed to a stranger, as an escrow!." Perk. c. 1, I 9; Id. e. 2, §§ 187, 188.. [s. 443]
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