He was a very charitable man, who during his life funded in large measure the building and transportation of the famous Palacio de Hierro (Iron Palace) designed by Societé Anonymé des Forges D'Aiseau, Bélgica (Belgium) and which served as Orizaba's City Hall for most of the 20th century.
Dollars at the time) was never repaid due to his untimely death at the turn of the century; neither was the loan he made to transport the palace from the shipyard to its present location.
His son Don Manuel Carrillo Iturriaga (born in 1868 and who would serve as Political Chief of the Canton of Orizaba during the early 1900s), would take up the helm as the head of the family.
Don Manuel Carrillo Iturriaga married Doña María Limón (from San Luis Potosí) and both lived in Orizaba, Veracruz.
[6] Because Don Manuel died without a will, the government of Mexico seized most of his possessions, leaving his children to battle the courts to retain what they could of their father's vast wealth.
His son, Don Manuel Carrillo Iturriaga, brought the remains to his family's hacienda known as "El Molino de la Alianza".