At common law the only description of property which could be the subject of larceny, was personal goods—that is mere movables having an intrinsic value. The crime could not be committed of things which savor of the realty, or of written instruments of any description. (4 Bl: Com. 229, 232-4; 2 Russ. on Cr. Phil. ed. 1845, p. 2, 62, 70; 3 Ch. Cr. L. 916, 929, 931; 2 East’s P. C. 553, 587, 597.) But although such instruments could not, in strictness, be stolen, the paper or parchment on which they were written might be, and prosecutions for petty thefts of this description have frequently taken place. (3 Chit. C. L. 932; 2 Russ. on C. 74 to 80; Clarke’s case, R. & R. 181; Vyse’s case, Ry. & Moo. 218; Reg. v. Morris, 9 C. & P. 347; Same v. Rodway, id. 784; Rex v. Bingley, 5 id. 602; Same v. Mead, 4 id. 535.)
By the former statute of this state, (1 R. L. of 1813, p. 174,) to steal or take by robbery, amongst other securities named in *382the act, “ any bill of exchange, bond, order, warrant, bill or promissory note for payment of any money,” “ being the property of any other person or persons, or of any corporation,” was declared to be a felony, “ as it would have been if the offender had stolen or taken by robbery any other goods of like value, with the money due on,” or secured by and remaining unsatis fied on any such security as aforesaid. The act of 2 Geo. 2, ch. 25, § 3, was in nearly the same words, and so far as is material now to be considered, it was precisely the same. (3 Ch. C. L. 932.)
It is well settled that to bring a case within the purview of the latter statute, the written instrument taken by theft or robbery, must not only have been made and executed in due form and manner, but must also have remained unsatisfied and in full force, so that, when taken, it was an effective and valuable security. The instrument, although complete in form and signature, and ready to be issued or delivered according to its design, could not, while in that state, be the subject of robbery or larceny. Nor could such an offence be committed in regard to a security, originally valid, but which had since been fully paid and satisfied, for it was no longer available for its original pur•pose, or of value to any one.
It was not a felony under this statute to steal banker’s notes which had been completely executed but not issued, for no money was then due on them. (4 Bl. Com. 234, note by Christian; 2 Ch. C. L. 932; 2 Russ. on C. 79; Roscoe's Cr. Ev. 572.)
A check signed but not delivered, while it remains in the hands of the drawer, rests on the same principle, and is not a subject of larceny. (2 Russ. on C. 30 to 34, 81; Walsh’s case, R. & R. 215.)
The stealing of banker’s notes which have been issued and paid, although there was a right to re-issue them, was held not ¿o be within this act. (2 Russ. on C. 74 to 77; Clarke’s case, R. & R. 181; Vyse’s case, Ry. & Moo. 218; 5 C. & P. 602, note; Roscoe, 572.)
And where a person was compelled by great violence to sign a note, which was taken away with intent to defraud the *383signer of the amount, it was held not to be a case of robbery within this act, for the note was of no value to the prosecutor when received from him. (2 Russ. on C. 80, 81; Rex v. Phipoe, 2 Leach’s C. C. 774; 5 C. & P. 602, note; 2 East’s P. C. 599.)
By chapter one, part four of the revised statutes of this state, the stealing of personal property, and not of personal goods merely, as at common law, is declared to be larceny. (2 R. S. 679, § 63, p. 690, § 1.) The term “ personal property,” is defined in the same chapter, and declared to wean “ evidences of rights in action, and all written instruments by which any pecuniary obligation, or any right or title to property real or personal, shall be created, acknowledged, transferred, increased, defeated, discharged or diminished.” (Id. 702, §§ 33, 34.)
These provisions of the revised statutes are much more comprehensive than those of the third section of the act of Geo. 2, to which reference has been made, and extend to the stealing of many written instruments not embraced by the latter. The third section of the act of Geo. 2, was confined to written evidences of rights in action, or rights of that nature, and which, in this respect, were placed on the same footing with the money they were meant to secure. (4 Bl. Com. 234.) But the revised statutes go much farther, for they make it larceny to steal any written instrument by which “ any right or title to property, real or personal, shall be created, acknowledged, transferred, increased, defeated, discharged or diminished,” as well as such as are strictly “ evidences of rights in action.”
The act of Geo. 2, not only made it larceny to steal certain written securities, but also declared what should be taken as the value of the securities when stolen, which was “ the money due” thereon, or secured thereby, and remaining unsatisfied. This too, as to all such written instruments as are made the subject of larceny by our law, is provided for by the revised statutes, for “ if the property stolen consist of any bond, covenant, note, bill of exchange, draft, order or receipt, or any other evidence of debt, or of any public security, issued by the United States or by this state, or of any instrument whereby any de*384mand, right or obligation shall be created, increased, released, extinguished or diminished, (except such as are specified in the next section,)” (and which have reference to lottery tickets,) “the money due thereon or secured thereby and remaining unsatisfied, or which in any event or contingency might be collected thereon, or the value of the property transferred or affected thereby, as the case may be, shall be deemed the value of the article so stolen.” (2 R. S. 679, § 66.) The original note of the revisers upon this section was in these words, “ 1 R. L. 174, much extended for the purpose of reaching every valuable private instrument.” (3 R. S. 821.)
It perhaps admits of no doubt that a receipt for the payment of a debt or demand may be the subject of larceny, under the revised statutes, although it clearly would not be under the act of Geo. 2; but to make it such an instrument it must have been duly executed and delivered as evidence of the payment, so that at the time when stolen, it was a “ valuable private instrument.” No writing which is fictitious, whatever may be its form, or which, although genuine in signature, has not been made effective by being issued or delivered as a valid paper, can be the subject of larceny under our law. It must be, when stolen, an evidence of some right in action, or an instrument by which a right or title to real or personal property was in some manner affected. (§ 33, supra.) Money must be due or to become due thereon, or some demand, right or obligation, must have been transferred or affected by the instrument stolen. (§ 66, supra.) In plain words, it must be a genuine and effective instrument when stolen, or the crime of larceny cannot be committed. It was so under the act of Geo. 2, and such is the true meaning of the revised statutes.
The circumstances under which this paper was obtained by the prisoners, were very strong evidence of a felonious intent, and if the instrument had been of any value to the prosecutor, there would be no ground for interfering with the conviction. But when taken, the receipt was not effective for any purpose, being in the hands of the prosecutor utterly worthless; and it is so still, not being now of the least value to any person what*385ever. In principle, therefore, it is precisely like cases which have arisen and been decided under the act of Geo. 2, and it must be disposed of in the same way. A written instrument is not the subject of larceny simply because it is genuine in signature, and has the form of a valuable obligation or security. It must be really valuable as a security or as evidence of right, which it never can be unless consummated by a complete execution and delivery of the instrument, and without this the crime cannot be committed. This is not such a case, and the prisoners should not have been found guilty.
We were referred, on the argument, to cases decided on the act of 7 and 8 Geo. 4, ch. 29, to show that written instruments, in the form of securities or evidences of debt, although wholly invalid, are by that act made the subject of larceny. It is unnecessary to enter into that question, for whatever the construction of that act may be, it will not aid us in determining the meaning of the revised statutes, the terms used being in many respects dissimilar. We think the revised statutes on this subject require that the instrument stolen should be valuable in the sense explained, and as this receipt was wholly worthless, the prisoners should have been acquitted.
New trial ordered.