Yale Business College Bank - 2 Dollar Note - 1881 dated Obsolete Paper Money - New Haven, Connecticut

2 Dollars. Yale Business College Bank. New Haven, Connecticut. Yale College is the undergraduate college of Yale University. Founded in 1701, it is the original school of the university. Although other Yale schools were founded as early as 1810, all of Yale was officially known as Yale College until 1887, when its schools were confederated and the institution was renamed Yale University. It is ranked as one of the top colleges in the United States.

By 1870, Yale was the largest undergraduate institution in the country. The growth of the student body prompted major growth in the college's physical campus, the greatest expansion of which occurred in 1933, when a gift of Edward S. Harkness created and endowed eight residential colleges. Modeled after the college system of Oxford and Cambridge Universities, the colleges were intended to be the social and residential centers of undergraduate life while leaving academic programs under the oversight of university's departments. Two additional colleges were built by 1940, and two more in the 1960s. Read more at https://en.wikipedia.org/wiki/Yale_College