diff --git a/src/saveload/afterload.cpp b/src/saveload/afterload.cpp
--- a/src/saveload/afterload.cpp
+++ b/src/saveload/afterload.cpp
@@ -216,7 +216,6 @@ static bool InitializeWindowsAndCaches()
 	UpdateAllStationVirtCoords();
 	UpdateAllSignVirtCoords();
 	UpdateAllTownVirtCoords();
-	UpdateAllWaypointVirtCoords();
 
 	Company *c;
 	FOR_ALL_COMPANIES(c) {
diff --git a/src/settings_gui.cpp b/src/settings_gui.cpp
--- a/src/settings_gui.cpp
+++ b/src/settings_gui.cpp
@@ -322,7 +322,6 @@ struct GameOptionsWindow : Window {
 				ReadLanguagePack(index);
 				CheckForMissingGlyphsInLoadedLanguagePack();
 				UpdateAllStationVirtCoords();
-				UpdateAllWaypointVirtCoords();
 				ReInitAllWindows();
 				MarkWholeScreenDirty();
 				break;
diff --git a/src/station_base.h b/src/station_base.h
--- a/src/station_base.h
+++ b/src/station_base.h
@@ -120,6 +120,11 @@ struct BaseStation {
 	virtual uint32 GetNewGRFVariable(const struct ResolverObject *object, byte variable, byte parameter, bool *available) const = 0;
 
 	/**
+	 * Update the coordinated of the sign (as shown in the viewport).
+	 */
+	virtual void UpdateVirtCoord() = 0;
+
+	/**
 	 * Get the base station belonging to a specific tile.
 	 * @param tile The tile to get the base station from.
 	 * @return the station associated with that tile.
diff --git a/src/station_cmd.cpp b/src/station_cmd.cpp
--- a/src/station_cmd.cpp
+++ b/src/station_cmd.cpp
@@ -33,6 +33,7 @@
 #include "elrail_func.h"
 #include "station_base.h"
 #include "roadstop_base.h"
+#include "waypoint.h"
 
 #include "table/strings.h"
 
@@ -384,11 +385,15 @@ void Station::UpdateVirtCoord()
 /** Update the virtual coords needed to draw the station sign for all stations. */
 void UpdateAllStationVirtCoords()
 {
-	Station *st;
+	BaseStation *st;
 
 	FOR_ALL_STATIONS(st) {
 		st->UpdateVirtCoord();
 	}
+
+	FOR_ALL_WAYPOINTS(st) {
+		st->UpdateVirtCoord();
+	}
 }
 
 /** Get a mask of the cargo types that the station accepts.
diff --git a/src/town_cmd.cpp b/src/town_cmd.cpp
--- a/src/town_cmd.cpp
+++ b/src/town_cmd.cpp
@@ -2286,7 +2286,6 @@ CommandCost CmdRenameTown(TileIndex tile
 		t->UpdateVirtCoord();
 		InvalidateWindowData(WC_TOWN_DIRECTORY, 0, 1);
 		UpdateAllStationVirtCoords();
-		UpdateAllWaypointVirtCoords();
 	}
 	return CommandCost();
 }
diff --git a/src/waypoint.cpp b/src/waypoint.cpp
--- a/src/waypoint.cpp
+++ b/src/waypoint.cpp
@@ -18,18 +18,6 @@ WaypointPool _waypoint_pool("Waypoint");
 INSTANTIATE_POOL_METHODS(Waypoint)
 
 /**
- * Update all signs
- */
-void UpdateAllWaypointVirtCoords()
-{
-	Waypoint *wp;
-
-	FOR_ALL_WAYPOINTS(wp) {
-		wp->UpdateVirtCoord();
-	}
-}
-
-/**
  * Daily loop for waypoints
  */
 void WaypointsDailyLoop()
diff --git a/src/waypoint.h b/src/waypoint.h
--- a/src/waypoint.h
+++ b/src/waypoint.h
@@ -51,6 +51,5 @@ struct Waypoint : WaypointPool::PoolItem
 CommandCost RemoveTrainWaypoint(TileIndex tile, DoCommandFlag flags, bool justremove);
 void ShowWaypointWindow(const Waypoint *wp);
 void DrawWaypointSprite(int x, int y, int stat_id, RailType railtype);
-void UpdateAllWaypointVirtCoords();
 
 #endif /* WAYPOINT_H */