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PROHIBITION OF CREDIT.
  
  
  
  
  
  
  


44

Page 44

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,
parents and guardians will, as far as possible, prevent from
arising, by the timely supply of the requisite funds.