Central can trace its origins back to 1869 when the Sherman School operated in a wooden structure at 8th and Sherman streets, which produced its first graduating class on June 13, 1873. In 1885 the Sherman School was moved to 14th and Scott streets and was aptly named Scott Street School but was more commonly called City High School. Five years later in 1890, the Peabody School was constructed at West Capitol and Gaines streets. It was named in honor of philanthropist George Peabody from US$200,000 received via the Peabody Education Fund. In 1905, the city founded Little Rock High School at the intersection of 14th and Cumberland streets, and shuttered the Peabody and Scott Street schools to serve as the city's sole public high school. In 1927 at a cost of US$1.5 million, the city completed construction on the nation's largest and most expensive high school facility that remains in use today. In 1953 with the construction of Hall High School, the school was renamed to its present-day name of Little Rock Central High School and has since been listed on the U.S. National Register of Historic Places and named as a U.S. National Historic Landmark.