Text from the Plaque
Like many pioneers of this district, the founder of Waterloo was a German Mennonite from Franklin County, Pennsylvania. In 1805 he purchased 900 acres of bush land on the site of this town. He settled here in 1806 and erected the first sawmill two years later. His gristmill, built in 1816, remained in continuous operation for 111 years and formed the nucleus and social centre of a thriving municipality.
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