From The Collaborative International Dictionary of English v.0.48:
Snip \Snip\, v. t. [imp. & p. p. Snipped; p. pr. & vb. n. Snipping.] [D. snippen; akin to G. schnippen.] To cut off the nip or neb of, or to cut off at once with shears or scissors; to clip off suddenly; to nip; hence, to break off; to snatch away. [1913 Webster]
Curbed and snipped in my younger years by fear of my parents from those vicious excrescences to which that age was subject. --Fuller. [1913 Webster]
The captain seldom ordered anything out of the ship's stores . . . but I snipped some of it for my own share. --De Foe. [1913 Webster]
From The Collaborative International Dictionary of English v.0.48:
Snip \Snip\, n. 1. A single cut, as with shears or scissors; a clip. --Shak. [1913 Webster]
2. A small shred; a bit cut off. --Wiseman. [1913 Webster]
3. A share; a snack. [Obs.] --L'Estrange [1913 Webster]
4. A tailor. [Slang] --Nares. C. Kingsley. [1913 Webster]
5. Small hand shears for cutting sheet metal. [1913 Webster]