This is one of my favorite clever uses of language. Syllepsis is the term used to describe when one word (usually a verb) modifies two words, and must be understood differently in order to fit them properly. “Silva Rhetoricae” also describes it as ‘A combination of grammatical parallelism and semantic incongruity, often with a witty or comical effect.’
Examples include:
“You held your breath and the door for me.” ~ Alanis Morissette
“I live in shame and the suburbs.”
“Putting on airs and long skirts.” ~ Me 🙂
I would love to hear any other examples you can come up with, quoted or your own!
Sea Dreams and Time Machines 
…and sometimes meanders http://en.wikipedia.org/wiki/Paraprosdokian wards off the gnomes of semantic over-organization
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