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Hilton Hotels, 1950 Annual Report
Image 23
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Hilton Hotels Corporation. Hilton Hotels, 1950 Annual Report - Image 23. 1950. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. February 24, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/29/show/22.

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.

Hilton Hotels Corporation. (1950). Hilton Hotels, 1950 Annual Report - Image 23. 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/29/show/22

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.

Hilton Hotels Corporation, Hilton Hotels, 1950 Annual Report - Image 23, 1950, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed February 24, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/29/show/22.

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 Hilton Hotels, 1950 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1950
Description Hilton Hotels Annual Report for calendar year 1950.
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
Item Description
Title Image 23
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_003_023.jpg
Transcript Consolidated Surplus CAPITAL SURPLUS balance—beginning of year $ 7,340,447.00 add: Refunds of Property Taxes—Periods Prior to Consolidation $ 1,721.00 Refund Received on Unclaimed Fractional Shares of Capital Stock 370.43 Excess of Reserve Covering New Mexico Hilton Hotel Corporation's Excess Profits and Income Taxes for Fiscal Years 1943 through 1946 over amount paid in settlement 12,642.53 Discount on Convertible Preference Stock Purchased by the Corporation 181,880.00 196,613.96 $ 7,537,060.96 deduct: Additional Federal Income Taxes of Plaza Hotel Corporation for Year 1945 $ 17,721.20 Cancellation of Employees' Subscriptions to 16,860 Shares of Common Stock, Pursuant to Subscription Agreements—Subscription Price $295,050.00—Par Value $84,300.00 210,750.00 228,471.20 BALANCE—END OF YEAR $ 7,308,589.76 EARNED SURPLUS balance—beginning of year $ 9,159,386.51 add: Adjustment of Prior Years' Depreciation and Amortization. .$ 5,658.17 Operating Profit of Caribe Hilton Hotel December 9, 1949 to December 31, 1949 701.67 Adjustment of 1949 Reserve Covering Dividends Payable on Convertible Preference Stock Which was Purchased in Accordance with Option as of January 31, 1950 32,387.00 Net Income for the Year Ended December 31, 1950 4,035,646.20 4,074,393.04 $13,233,779.55 deduct: Dividends—Convertible Preference Stock $ 196,154.00 Dividends—Common Stock 1,721,434.55 1,917,588.55 BALANCE—END OF YEAR $11,316,191.00 23