University of Virginia Library

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PROHIBITION OF CREDIT.
 
 
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PROHIBITION OF CREDIT.

An act of the Legislature prohibits merchants and others, under
severe penalties, from crediting students. The license to contract
debts, which the chairman is authorised to grant, is confined (except
when the parent or guardian otherwise in writing requests) to cases
of urgent necessity; and these, it is hoped, parents and guardians
will as far as possible prevent from arising by the timely supply of
the requisite funds.