The Teleki-Bolyai Library was founded in 1802 by Count Sámuel Teleki, Chancellor of Transylvania, who was not only wealthy but also extremely well-educated, having studied at several European universities. He spent the majority of his fortune on the purchase of over 40,000 volumes and thus founded the public library that now bears his name. The library contains several early printed works, many rare manuscripts, and valuable museum pieces. In 1955, the Great Library of the Reformed College (Bolyai Library) moved into the Baroque building, and in 1962, the two collections were merged under the name Teleki-Bolyai Library.