[1] In 1930, the Parents-Teachers Association of the Naga Central School decided to build the monument of Jose Maria Panganiban 30 years after his death to perpetuate his heroism among the youth and students.

This is evident in the September 27, 1930, issue of local newspaper "Sanghiran nin Bikol", where the minutes of the meeting were written about the inauguration of the monument.

In late 2013, an unmarked monument was discovered by city councilor Nathan Sergio to be that of Jose Maria Panganiban in front of the Gabaldon building inside the Naga Central School.

(A confirmation by the National Historical Commission of the Philippines is being awaited and the local government petitioned the NHCP to make it a National Historical Landmark)[3] The Naga City government lost no time in restoring the place and on January 23, 2014, commemorated the hero’s 150th birth anniversary with parade, wreath-laying, exhibit and lectures on the life and times of the Bicolano hero.

[4] The monument was cast in concrete with the bust of Jose Maria Panganiban on top dressed in western style coat.