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===Old University of Chicago=== {{further|Old University of Chicago}} [[File:Uchicago convocation 1894.jpg|thumb|right|upright=1.15|[[Albert A. Michelson]], Professor of Physics and first American Nobel laureate, delivers the second [[Convocation]] Address in front of Goodspeed and Gates-Blake Halls, with President [[William Rainey Harper]], professors, and trustees in attendance, July 1, 1894.<ref>{{cite web |title=Convocations : Photographic Archive : The University of Chicago |url=http://photoarchive.lib.uchicago.edu/db.xqy?one=apf3-00416.xml |website=photoarchive.lib.uchicago.edu |publisher=University of Chicago Library |access-date=August 17, 2022 |archive-date=October 25, 2022 |archive-url=https://web.archive.org/web/20221025005012/http://photoarchive.lib.uchicago.edu/db.xqy?one=apf3-00416.xml |url-status=live}}</ref>]]The first University of Chicago was founded by a small group of [[Baptists in the United States|Baptist]] educators in 1856 through a land endowment from Senator [[Stephen A. Douglas]]. It closed in 1886 after years of financial struggle and a final ''[[annus horribilis]]'' in which the campus was badly damaged by fire and the school was foreclosed on by its creditors.<ref>{{cite web |title=Agreement Between Stephen A. Douglas and John C. Burroughs (1856), Folder 2, Box 3, Old University of Chicago Records, Special Collections, University of Chicago. |url=https://www.lib.uchicago.edu/ead/pdf/olduofc-0002-002.pdf |url-status=live |archive-url=https://web.archive.org/web/20180905081325/https://www.lib.uchicago.edu/ead/pdf/olduofc-0002-002.pdf |archive-date=September 5, 2018 |access-date=June 26, 2017 |website=UChicago.edu}}</ref> Several years later, its trustees elected to change the school's name to the "[[Old University of Chicago]]" so that a new school could go by the name of the city.<ref>{{Cite web |title=Guide to the Old University of Chicago Records 1856-1890 |url=https://www.lib.uchicago.edu/e/scrc/findingaids/view.php?eadid=ICU.SPCL.OLDUOFC |access-date=September 21, 2017 |website=www.lib.uchicago.edu |language=en}}</ref>
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