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On the sign:
RENE LABOUDANCE DE LA GARDE RÉPUBLICAINE DE PARIS BLESSE MORTELLEMENT POUR LA LIBERATION DU TERRITOIRE LE 28 AOÛT 1944
In August 1944, as part of the Battle of Paris, the French Forces of the Interior (FFI - Forces françaises de lintérieur) fought together with the Free French Army to liberate the city from the Nazi Germans. Laboudance, who came from the checkpoints to distribute arms and ammunition, was shot by the Germans, in this place.
Translation of the text on the sign: RENE LABOUDANCE OF THE PARIS REPUBLICAN GUARD MORTALLY WOUNDED FOR THE LIBERATION OF THE TERRITORY AUGUST 28, 1944