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Sheraton Corporation of America, 1953 Annual Report
Image 18
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Starwood Hotels & Resorts. Sheraton Corporation of America, 1953 Annual Report - Image 18. 1953. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. September 20, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/1006/show/999.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Starwood Hotels & Resorts. (1953). Sheraton Corporation of America, 1953 Annual Report - Image 18. Annual Reports from the Hospitality Industry Archives. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. Retrieved from https://digital.lib.uh.edu/collection/hiltonar/item/1006/show/999

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Starwood Hotels & Resorts, Sheraton Corporation of America, 1953 Annual Report - Image 18, 1953, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed September 20, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/1006/show/999.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Compound Item Description
Title Sheraton Corporation of America, 1953 Annual Report
Creator (LCNAF)
  • Starwood Hotels & Resorts
Publisher Starwood Hotels & Resorts
Date 1953
Description Sheraton Corporation of America Annual Report for the year ending on April 30, 1953.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Starwood Hotels & Resorts
Genre (AAT)
  • annual reports
  • business records
Language English
Type (DCMI)
  • Text
  • Image
Original Item Location Conrad N. Hilton Papers
Digital Collection Annual Reports from the Hospitality Industry Archives
Digital Collection URL http://digital.lib.uh.edu/collection/hiltonar
Repository Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston
Repository URL http://www.uh.edu/hilton-college/About/hospitality-industry-archives
Use and Reproduction No Copyright - United States
File Name index.cpd
Item Description
Title Image 18
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_020_018.jpg
Transcript • SHERWON CORPORATION OF Consolidated Statements Of Surplus For the Year ended April 30, 1953 PAID-IN SURPLUS Consolidated Paid-in Surplus April 30, 1952 ....... Addition Portion of Earned Surplus Transferred to Paid-in Surplus in connection with 5% Stock Dividend Paid August 1,1952 (73,759 shares at $9 per share) Deduction Excess of Amount Paid over Par Value of 24,610 shares of Common Stock Purchased (Total Cost $352,872) ........ Consolidated Paid-in Surplus April 30, 1953 ....... $ 9,806,158 663,831 10,469,989 328,262 $ 10,141,727 EARNED SURPLUS (since May 16, 1946) Consolidated Earned Surplus April 30, 1952 ....... Addition Total Additions to Earned Surplus for the Year ended April 30, 1953, from Income Statement .......... Deductions 5% Stock Dividend (Note 1) 73,759 Common Shares at $10 per share Cash in Lieu of Fractions Cash Dividends Common — $.60 per share . $ 737,590 35,915 773,505 945,223 $ 15,346,533 3,922,217 19,268,750 Consolidated Earned Surplus April 30, 1953 (since May 16, 1946) 1,718,728 $ 17,550,022 Note 1—The charge to Earned Surplus of $10 for each share represents the approximate average of the monthly high and low sale price of the shares on the New York Stock Exchange during the year ended April 30, 1952. The Capital Shares account was credited with $1 per share, the par value, and the balance of $9 per share was credited to Paid-in Surplus. See Notes to Financial Statements on page 19.