Chicago is the third most populated city in the United States. Chicago was incorporated as a city in 1837,
near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth
century. The city is an international hub for finance, commerce, industry, technology, telecommunications,
The City of Chicago was organized with a population of about 200 people. Within seven years it grew to more
than 4,000 people. On June 15, 1835, the first public land sales commenced with Edmund Dick Taylor as U.S.
receiver of public money. The City of Chicago was incorporated on Saturday, March 4, 1837 and for several
decades was the fastest growing city in the world.
Chicago has been a world center of higher education and research with several universities such as University
of Chicago, Northwestern University, Loyola University Chicago, and University of Illinois at Chicago. Chicago
has one of the world’s largest and most diversified economies, with more than four million employees. The city
houses one of the Federal Reserve Banks, established in 1914. There is also the Federal Home Loan Bank of Chicago.
Chicago has produced many of the foremost industrialists, corporate lawyers, merchants, and financiers in United
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