The University of Chicago, now known as the Old University of Chicago (also called Chicago University), was a school founded by Baptists in Chicago in 1857. It eventually failed in 1886, and was succeeded by the present University of Chicago; its small number of alumni were later recognized by the current University of Chicago.Its physical plant was felled by a fire, and a lone remaining stone from its edifice has since been implanted into the wall of the arch between the Classics building and Wieboldt Hall on the current University's main quadrangle.