THE TOWNSHIP "WAVERLEY". In 1864, Dr. Silverman, a Russian-born doctor purchased for 760 pounds, a quarter-mile block extending south and east from this intersection. This land he subdivided and named the "Township of Waverley", thus perpetuating his admiration for the works of the novelist, Sir Walter Scott. Placed as part of the Victoria 150 celebrations in the City of Waverley, by the students of Mt. Waverley High School, Autumn, 1985.