Walter's Falls was founded by John Walter over 160 years ago. John Walter (1804 - 1867) and his wife Elizabeth Payne (1804 - 1882) are buried in the church yard of St. Phillip's Anglican Church. This beautiful stone church, built in 1880, is located beside the Inn and is open to the public year round. Settling around the river, John harnessed the water power to develop a sawmill, feedmill and woolen mill. The sawmill was owned by the Olmstead brothers until it was sold to Willard Hallman in the mid 1940's. more... See more text