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Sheraton Corporation of America, 1963 Annual Report
Image 16
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Starwood Hotels & Resorts. Sheraton Corporation of America, 1963 Annual Report - Image 16. 1963. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. November 13, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/390/show/385.

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. (1963). Sheraton Corporation of America, 1963 Annual Report - Image 16. 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/390/show/385

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, 1963 Annual Report - Image 16, 1963, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed November 13, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/390/show/385.

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, 1963 Annual Report
Creator (LCNAF)
  • Starwood Hotels & Resorts
Publisher Starwood Hotels & Resorts
Date 1963
Description Sheraton Corporation of America Annual Report for the year ending on April 30, 1963.
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 16
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_024_016.jpg
Transcript 14 Sheraton Corporation of America and Subsidiaries CONSOLIDATED STATEMENTS OF SURPLUS Paid In Surplus CONSOLIDATED PAID IN SURPLUS APRIL 30,1962 Additions Portion of Earned Surplus Transferred to Paid In Surplus in Connection With August 1, 1962 2% Common Stock Dividend (100,828 shares at $11.25 per share) $ 1,134,315 Excess of Amounts Received over Par Value of 1,856 shares of Common Stock Issued at $8,333 per share upon the Exercise of Warrants and Cash Paid in lieu of Fractional Shares Amounts ■-■£•• Paid By Received 6% Debenture Bonds $ 800 Cash 14,670 Total 15,470 Par Value of Shares Issued and Cash Paid In lieu of Fractional Shares 933 14,537 Increment Arising from Expiration of Right to Exchange shares of Predecessor Corporations 129,769 Deductions Cost of 14,250 $50 Warrants Expiring November 1, 1976 10,688 Excess of Amount Paid over Par Value of 76 shares of Common Stock Purchased (Total Cost $862) 824 CONSOLIDATED PAID IN SURPLUS APRIL30,1963 Earned Surplus CONSOLIDATED EARNED SURPLUS APRIL 30,1962 Addition Net Income (Loss) and Profits for the Year ended April 30,1963 Deductions 2% Common Stock Dividend (Note 1) 100,828 shares at $11.75 per share $ 1,184,729 Cash in lieu of Fractional Snares .* 61,593 1,246,322 Cash Dividends Preferred — $4.00 per share ;.'....,..', 60,480 Common — .55 per share 2,955,827 CONSOLIDATED EARNED SURPLUS APRIL 30, 1963 $ 39,033,291 1,278,621 40,311,912 11,512 $ 40,300,400 $ 12,294,305 210,769 12,505,074 4,262,629 $ 8,242,445 Note 1 — The charge to Earned Surplus represents the closing sales price on June 29, 1962, date of record, on the New York Stock Exchange. The Capital Shares account was credited with $.50 per share, the par value, and Paid In Surplus was credited with the balance of $11.25 per share. See Notes to Consolidated Financial Statements. HHB