Due to the unusual size of the Walton Lodge No. 1086, a number of Brethren got together and decided that their chances of reaching the Chair were very slight. They therefore decided that their only chance was in the formation of a Daughter Lodge to Walton Lodge. They met many times during 1919 and 1920 and eventually decided upon the name of St. Peter's Lodge. This was taken from St. Peter's Church, which stood in Church Street and was the Pro-Cathedral of Liverpool.