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Panda
Waverley were motorcycles produced by F. M. Lee of Liverpool,
from 1910 to 1912.
1910 A 3½ hp single plus 6hp and 8hp V-twins were listed. All had JAP
engines, a variable gear, belt drive and sprung forks. They also offered
an open-frame model, first built for a lady in Cheshire.
1911 Those models continued.
1912 A Waverley, with an American overhead-valve engine fitted in a Chater-Lea
frame, won an Irish race. Little more was heard of it after that.
