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On the sign:
עיריית נס ציונה כיכר ילובסקי כיכר אברהם ילובסקי הי"ד קורבן הטרור הראשון בישוב ובארץ ישראל נפל בהגינו על ביתו ועל מושבתו ביום י בטבת תרמ"ח (1888)
In the picture above you can see the guard position that is in the flag trail Click for sign's details
Translation of the text on the sign: Ness Ziona Municipality Yelovsky Square Avraham Yelovsky May God avenge his blood Square The first victim of terrorism in the settlement and in Eretz Israel Fell in defense of his house and colony on Tevet 1888