Mr. Descarries is the largest private owner of real estate
in Lachine, his holdings including some of the finest
residential properties surrounding Montreal. Some years ago
he purchased a tract of land eleven acres in width from the
Allan family, comprising a most attractive piece of property,
which he developed and thus added greatly to the upbuilding
of the district. He is the owner of one hundred and fifty-two
houses, erecting all of them save one, and in their building
substantiality has always been a feature. Unlike the usual
structure built merely to sell, Mr. Descarries has aimed at
the creation of an estate the ultimate value of which cannot
help but become immense. As an illustration of the change in
realty values, caused by improvements and transformation of
surroundings, it may be cited that Mr. Descarries some years
ago purchased a tract of land of four hundred acres, on which
the taxes were at that time approximately eighty dollars,
while today for less than one-third of this land which he owns
the taxes are more than three thousand dollars. It would be
difficult to estimate the value to a community of operations
of this character. Mr. Descarries has taken an active part in
the upbuilding of industrial interests, and his influence has
been an important factor in securing for Lachine a number of
valuable industries, all of which have materially contributed
to growth and development for the city, enabling it to take a
prominent rank among Montreal’s suburban cities. Among his other
business connections Mr. Descarries is president of the Wealthy
Mines Company, Limited, and a director of Les Champs d’Or Rigaud
Vaudreuil.
Public-domain text, read in full here on John Shaqi.
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