University of Houston Digital Library: Annual Reports from the Hospitality Industry Archives: Hilton Hotels, 1949 Annual Report

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Hilton Hotels, 1949 Annual Report

Image 27

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Hilton Hotels Corporation. Hilton Hotels, 1949 Annual Report - Image 27. 1949. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. February 18, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/207/show/201.

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Hilton Hotels Corporation. (1949). Hilton Hotels, 1949 Annual Report - Image 27. 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/207/show/201

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Hilton Hotels Corporation, Hilton Hotels, 1949 Annual Report - Image 27, 1949, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed February 18, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/207/show/201.

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Compound Item Description

Title	Hilton Hotels, 1949 Annual Report
Creator (LCNAF)	Hilton Hotels Corporation
Publisher	Hilton Hotels Corporation
Date	1949
Description	Hilton Hotels Annual Report for calendar year 1949.
Subject.Topical (LCSH)	Hospitality industry Hotel management Corporation reports
Subject.Name (LCNAF)	Hilton Hotels Corporation
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

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Item Description

Title	Image 27
Format (IMT)	image/jpeg
File Name	hiltonar_201609_002_027.jpg
Transcript	C^v\s^fvfc<*tcfc ^uvplus CAPITAL SURPLUS balance —beginning of year $ 7,091,924.00 add: Refunds of Property Taxes—Periods Prior to Consolidation $ 76,805.38 Adjustments—Expenses Prior to Consolidation 9,300.12 Discount on Convertible Preference Stock Purchased by the Corporation , 181,980.00 268,085.50 $ 7,360,009.50 deduct: Cancellation of Terminated Employees' Subscriptions to Capital Stock, Pursuant to Subscription Agreements— Subscription Price $27,387.50—Par Value $7,825.00. ... 19,562.50 BALANCE—END OF YEAR $ 7,340,447.00 EARNED SURPLUS balance—beginning of year $ 6,952,820.80 add: Refund Long Beach Personal Property Taxes on Liquor Licenses for Year 1946 $ 659.86 Net Income for the Year Ended December 31, 1949 3,982,680.12 3,983,339.98 $10,936,160.78 deduct: Additional Assessment of Federal Income Taxes of Palmer House Company—January 1, 1945 to May 31, 1946 $ 33,016.64 Dividends—Convertible Preference Stock 236,522.00 Dividends—Common Stock 1,507,788.00 1,777,326.64 BALANCE — END OF YEAR $ 9,158,834.14