UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
Pursuant to Section 13 or 15 (d) of the Securities Exchange
Act of 1934
Date of Report (Date of earliest event reported) July 27, 1995
WAVERLY, INC.
(Exact name of Registrant as specified in its charter)
Maryland 52-0523730
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
351 West Camden Street
Baltimore, Maryland 21201
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 410-528-4000
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) On July 24, 1995, the registrant replaced Price Waterhouse
LLP with Coopers & Lybrand L.L.P. as the registrant's
independent accountant. The Audit Committee of the registrant's
Board of Directors of Waverly, Inc. approved the selection of
Coopers & Lybrand L.L.P. as the registrant's new accountant and
the replacement of Price Waterhouse LLP.
(b) During the two most recent fiscal years and interim
periods through March 31, 1995, there were no material disagreements with
Price Waterhouse LLP on any matter of accounting principles or
practices, financial statement disclosures, or auditing scope or
procedure or any reportable events.
(c) Price Waterhouse LLP's report for the past two years
contained no adverse opinion or disclaimer of opinion and was
not qualified or modified as to uncertainty, audit scope or
accounting principles.
(d) The registrant requested that Price Waterhouse LLP furnish
it with a letter addressed to the SEC stating whether it agrees
with the above statements.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
Date: JULY 27, 1995
Waverly, Inc.
By: Edward B. Hutton Jr.
Edward B. Hutton Jr.
President and Chief Executive Officer
Date: JULY 27, 1995
By: E. Philip Hanlon
E. Philip Hanlon
Chief Financial Officer
