Waterloo, Ontario called the founder of Waterloo, had come to the area in 1806 from Franklin County, Pennsylvania. He bought 900 acres of bush land in 1806 from the German Company and founded a sawmill (1808) and grist mill (1816); these the focal point of the area. The grist mill operated continuously for 111 years. Other early settlers of what would become Waterloo included Samuel and Elia Schneider who arrived in 1816. Until about 1820, settlements such as this were quite small. In 1816 the new township was named after Waterloo, Belgium, the site of the Battle of Waterloo (1815), which had
Waterloo, Perth and Kinross symbology being carved on pre-historic standing stones. Steardam is also mentioned in Sir Walter Scott's book "The Fair Maid of Perth". Waterloo, Perth and Kinross Waterloo is a small hamlet in Perth and Kinross, Scotland approximately 1/2 a mile to a mile north of Bankfoot on the old A9. Local opinion is divided on the origin of the name. Most agree that the hamlet was named after the Battle of Waterloo. However, some say it was named Waterloo because it was settled by soldiers returning from the battle, while others assert that it was given the name because the hamlet