For 30 years, from 1868, Foyle College had to compete with a vigorous rival in the Londonderry Academical Institution. This school, established by a body of influential local merchants, moved in 1871 from East Wall to a new site in Academy Road. The Honourable The Irish Society, which contributed to the funds of both schools, proposed a scheme of amalgamation, and negotiations finally resulted in the passing of the Foyle College Act in 1896, the united school retaining the name and with it claiming the traditions of the older school.