Green’s Dictionary of Slang

lay v.3

1. (US) to knock someone unconscious.

[UK]C. Dibdin Yngr Song Smith 85: So they sent out of hand for the clargy to lay him, / But Pat laid the clargy, and then ran away.
[US] in Spirit of the Times (N.Y.) 9 July 162: You’ll lay him cold as a wagon tire [HDAS].
[UK]Sporting Times 3 May 1/5: NO HORSEPOUTS. PUT UP YOUR DOOKS. ME LAY YOU! GARN.
[US](con. 1920s) J.T. Farrell Young Manhood in Studs Lonigan (1936) 291: He [...] imagined himself just walking up to them one by one, and laying them cold.

2. (US black) to idle, to relax, to spend time with.

[US]P. Thomas Down These Mean Streets (1970) 5: I laid cool. Even my breathing was cool.
[US]V.E. Smith Jones Men 16: I don’t mind laying a minute for that white-bag shit.
[US]E. Richards Cocaine True 136: She lay out with them dummies who shoot drugs.

3. (US black) to over-indulge in drugs or drink to such an extent that one is laid on one’s back.

[US]R. Klein Jailhouse Jargon and Street Sl. [unpub. ms.].