EN HOMENA JE A FELIPE II

SE INAUGURARON EL DIA 17 DE OCTUBRE DE 1961 LAS OBRAS DE RESTAURACION TOTAL DE ESTA PLAZA MAYOR, SIENDO ALCALDE DE MADRID EL EXCMO SEÑOR DON JOSE FINAT Y ESCRIVA DE ROMANI CONDE DE MAYALDE EL EXCMO AYUNTAMIENTO PLENO ACORDO COLOCAR ESTA LAPIDA PARA PERPETUAR EL RECUERDO DEL EXCMO. SEÑOR PRIMER TENIENTE DE ALCALDE DON JOSE MARIA SOLER Y DIAZ-GUIJARRO QUE MURIO EN EL EJERCICIO DE SU CARGO EL DIA 17 DE JUNIO DE 1963. Y A CUYA INICIATIVA Y CONSTANTE IMPULSO SE DEBE LA REALIZACION DE ESTAS OBRAS.

Plaza Mayor, one of the main squares in Madrid, was an initiative of King Philip II (to whom the sign is dedicated), but was built during the reign of Philip III (whose statue is in the center of the square Click for sign's details).

The building on which the sign is located, located in the square, was photographed on the same day
(above it you can see a small sign with the name of the square PLAZA MAYOR)
Click for a larger image

The square itself was photographed on the same day Click for a larger image
and the day before Click for a larger image

Translation of the text on the sign:
IN HOMAGE TO PHILIP II

The complete restoration of this main square was inaugurated on October 17, 1961. During the reign of Mayor of Madrid, His Excellency Mr. José Finat y Escriva de Romani, Count of Mayalde, the full City Council agreed to place this tablet to perpetuate the memory of His Excellency the First Deputy Mayor, Mr. José María Soler y Díaz-Guijarro, who died in office on June 17, 1963. This work was carried out through his initiative and constant drive.