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
Battle of Waterloo commanders took place near "La Belle Alliance", with this occurring at around 21:00. Waterloo cost Wellington around 15,000 dead or wounded and Blücher some 7,000 (810 of which were suffered by just one unit: the 18th Regiment, which served in Bülow's 15th Brigade, had fought at both Frichermont and Plancenoit, and won 33 Iron Crosses). Napoleon's losses were 24,000 to 26,000 killed or wounded and included 6,000 to 7,000 captured with an additional 15,000 deserting subsequent to the battle and over the following days. At 10:30 on 19 June General Grouchy, still following his orders, defeated General Thielemann at Wavre