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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 authorized to grant, is
confined, (except where the parent or guardian otherwise, in
writing requests,) to cases of urgent necessity; and these, it is
hoped, the parents and guardians will, as far as possible, prevent
from arising, by the timely supply of the requisite funds.