In 1893, The Cloverdale Land and Development Company was bankrupt, due to the nationwide economic panic of that period. During the next fifteen years, the Cloverdale site lay dormant with the exception of some activity along the north side of Felder Avenue, where a small golf course and tennis courts were built, the beginning of the Montgomery Country Club. In 1908, there were only ten houses in Cloverdale, but by 1916 there were one hundred twenty-five. Many of these homes were designed by Montgomery's leading architects, B. B. Smith, Weatherly Carter, Frank Lockwood Sr., and Frank Lockwood Jr. One house was designed by Mobile architect Nicholas Holmes Sr. In 1910, the residents of Cloverdale voted for the first time to incorporate their suburb into a self-governing village. They elected Charles Tullis as the first mayor. This period also saw the development of a small commercial strip on the corner of Norman Bridge Road and the north side of Cloverdale Road, and this became Montgomery's first suburban commercial area. In the late 1920s, another similar business strip began to develop on the corner of Fairview Avenue and Woodley Road. Cloverdale has been one of Montgomery's choice residential areas since the turn of the century. It is one of Montgomery's earliest suburbs and is the oldest landscape garden designed residential area in Alabama, predating similar areas in Birmingham. Its short existence as an incorporated village (1910–1927) gave it a special sense of neighborhood, which it has retained to some degree to the present day. Old Cloverdale Historic District The original landscaped area of Cloverdale is now known as Old Cloverdale. Old Cloverdale is between Felder Avenue and East Fairview Avenue from the north & south, and between Norman Bridge Road from the west and College Street, Watson Avenue & College Court from the east. Areas outside of these boundaries are not inside the Old Cloverdale Historic District; parts of some surrounding neighborhoods such as the Garden District, Edgewood, and Cloverdale-Idlewild are part of what some generically call the "Cloverdale" area of Montgomery. The neighborhood of Old Cloverdale became an official historic district on December 17, 1996. This helps to maintain and protect the charm, look, and character of the neighborhood. Old Cloverdale is home to Cloverdale Park, Mary Ann Neely Park, Fitzgerald Park, LeGrande Park, and Milo Howard Park. Demographics Cloverdale was listed as an incorporated town on the 1920 U.S. Census