ANALYSIS OF LONG T
FIRST MORTGAGE BONDS AND NOTES
The Palmer House
The Conrad Hilton
The Town House
SECOND MORTGAGE NOTE
5% SINKING FUND INCOME DEBENTURES
Installment Purchase Note
Palmer House Unsecured Notes
Dayton Biltmore Company Notes....
El Paso Hilton Hotel Notes
R. E. Crummer, Sr
Mayflower Hotel Corporation
Waldorf-Astoria Laundry Purchase
Hilton Hotels Corporation and Subsidiaries
Hilton has guaranteed Hilton Hotels Corporation against any loss from operating the property and the corporation may terminate the
lease if operations prove unsatisfactory.
The Arrowhead Springs Hotel is a six story
steel and concrete structure located on a 1,700
acre tract. Its location and facilities qualify it
as a resort hotel and for conventions.
On February 1, 1952, Hilton Hotels Corporation, through a wholly owned subsidiary,
entered into a 10 year lease to operate the
Blackstone Hotel of Fort Worth, Texas. The
lease contains options to renew for three successive 10-year terms. Simultaneously, the
hotel's furniture and equipment, which belonged to the former tenant, were purchased
The hotel will be operated as the Hilton
Hotel, Fort Worth, Texas. It is a 278-room
building of modern construction and com
pletely air conditioned. One of the leading
hotels of Texas, it is expected to fit in well to
your corporation's operations.
Employees Pension Plan
The Hilton Hotels Corporation currently employs a staff of 7460 persons. The management
is cognizant of the contribution which these
employees make, through their loyalty and
their high performance standards, to the continuing success of the corporation's operations.
It is pleased to take this opportunity to acknowledge their contribution appreciatively.
Following approval by shareholders at the
annual meeting held in April, 1951, your corporation installed the Hilton Hotels Employees
Pension Plan, effective on January 1, 1951.
The object is to assure employees of a measure
of financial independence when their produc-
a man ru
11124 a SB
THE PLAZA, New York City
The famed Plaza Hotel offers the visitor to New York the best
of everything. It occupies one of the finest pieces of real
estate in the world, facing Central Park on one side and Fifth
Avenue on another . . . this location, one of the quietest and
most beautiful in Manhattan, is immediately adjacent to the
midtown shopping and amusement areas. Plaza cuisine has
for generations won the acclaim of the most exacting gourmets . . . and its service is as personal and as attentive as can
be desired. Society is well served here.