Waverly, the second town in size and importance in Coffey county, is located in Rock creek township, at the junction of the Atchison, Topeka & Santa Fe and the Missouri Pacific railroads, about 18 miles northeast of Burlington, the county seat. It is a modern town in every respect, having waterworks, electric lights, a public library, banks and a newspaper. It is an incorporated city of the third class. The schools are of the best and the churches are ample and substantial. There are telegraph and express offices and an international money order postoffice with three rural routes. The population according to the census report of 1910 was 751. The town was platted in 1878 by Isaac Pierson, and the town company was chartered in 1880. The first store was opened in 1878 by A. N. Sylvester, the second in 1879 by Thomas Donnell. In June, 1882, the first bank was opened by R. R. Fisher and John L. Senior. The "Waverly News" was started by the latter in the same year. Waverly is an excellent trading point and is the most important shipping point between Burlington and Ottawa.