On the 26th August 2016, Madeley Town Council held a dedication service for the commemorative stone to Major Yate, V.C. The memorial has been laid in the refurbished square on Russell Green along with the repositioned war memorial.

Major Charles Allix Lavington Yate was one of the first soldiers to win the Victoria Cross. It was awarded for his bravery at Le Cateau, France, on 26 August 1914. He was in command of one of two companies that remained to the end in the trenches at Le Cateau. When all other officers were killed or wounded and their ammunition exhausted, he led his nineteen survivors against the enemy in a charge in which he was severely wounded.

Major Yate, of the Yorkshire L.I., was born in Madeley and was the only son of a former rector of Madeley, and a cousin of Col. C .E. Yate, of Beckbury Hall, Shifnal.