In October 1919, a meeting was held in the Town Hall to decide what to do for the local fallen heroes of the First World War. It was decided that a monument be erected and a committee was appointed to select the type and its location. The memorial is a traditional statue of a Great War soldier standing at ease and rests on top of a granite shaft.
The Drumbo Cenotaph was officially unveiled on May 23, 1922, by Mrs. John Gibson and Mrs. Kilgour, who both lost their sons during the First World War. Addresses were given by Colonel McMullen of Woodstock, as well as various other representatives, and musical performances were provided by local school children, Reverend Holley and Mrs. Rush of Tillsonburg.
Later the names of those who died in the Second World War were engraved and the Korean War acknowledged. The name of Emerson Crosby was added to the Drumbo Cenotaph in 2005.