Chartered by the North Carolina General Assembly on December 11, 1789, the university's cornerstone was laid on October 12, 1793, near the ruins of a chapel, chosen because of its central location within the state.[27] The first public university chartered under the US Constitution, The University of North Carolina at Chapel Hill is one of three universities that claims to be the oldest public university in the United States and the only such institution to confer degrees in the eighteenth century as a public institution.[28][29]