In 1934, the remains of Leon Mikhailovich Pozemsky, one of the organizers and leaders of the Komsomol of Pskov, were reburied in the Square of Revolution Victims, near the obelisk. He died in battles against the White Guards on the Keby River in July 1919.

In April 1946, a monument was restored at Pozemsky's grave next to the monument to the Victims of White Terror. It is an octagonal column over three meters tall with a red five-pointed star on top.

Leon Mikhailovich Pozemsky, born in 1897 in Pskov to a minor official, lived a short but significant life. In 1915, after graduating from high school (now the 1st Secondary School named after Pozemsky), he was drafted into the tsarist army and studied at the ensign school. After graduating, he was sent to the front as a line officer, where he conducted Bolshevik agitation among the soldiers. Immediately after the October Revolution, Pozemsky joined the defenders of Soviet power.

In 1918, responding to the call of Pskov communists, he actively participated in creating a Komsomol organization in the city and became the first chairman of the Pskov City Committee of the RCSM. In May 1918, he applied to join the Communist Party and, at his personal request, was sent to the front.

In May 1919, Pozemsky commanded the 2nd Company of the Pskov Communist Detachment, defending the city from the White Guards. When the troops of Bulak-Balakhovich advanced, the Red Army units could not withstand the pressure of superior enemy forces and were forced to retreat after fierce fighting.

On June 12, during the crossing of the Keby River, the company under Pozemsky's command covered the retreat. In an unequal battle with the White Guards, all the soldiers of the company perished, and Pozemsky, severely wounded, was captured. He was shot on the riverbank, and local peasants buried his body nearby.

Fifteen years later, at the request of Pskov Komsomol members, Pozemsky's remains were moved to the Square of Revolution Victims. A plaque was placed on his grave, and a monument made of black granite appeared nearby with the inscription: "Here lies the ashes of the brave hero Komsomol member Leon Pozemsky. On June 12, 1919, wounded in battles near Pskov on the Keby River, he was captured and shot by the White Guard bands of Balakhovich."

A memorial plaque has been installed on the building of the school where Pozemsky studied, and one of the streets in Zapskovye is named after him.

On October 29, 1967, on the 49th anniversary of the Lenin Komsomol, a ceremonial opening of the obelisk took place at the site of Leon Pozemsky's death.