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Hilton Hotels, 1952 Annual Report
Image 12
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Hilton Hotels Corporation. Hilton Hotels, 1952 Annual Report - Image 12. 1952. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 24, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/736/show/719.

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. (1952). Hilton Hotels, 1952 Annual Report - Image 12. 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/736/show/719

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, 1952 Annual Report - Image 12, 1952, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed May 24, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/736/show/719.

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, 1952 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1952
Description Hilton Hotels Annual Report for calendar year 1952.
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 12
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_005_012.jpg
Transcript FIRST MORTGAGE BONDS AND NOTES The Palmer House The Conrad Hilton The Plaza The Jefferson The Jefferson Waldorf-Astoria Laundry Waldorf-Astoria Laundry SECOND MORTGAGE The Jefferson DEBENTURES The Waldorf-Astoria The Roosevelt OTHER NOTES Installment Purchase Contract. The Mayflower Waldorf-Astoria Laundry Purchase Notes Sundry Balance December 31, 1951 Additions During 1952 Payments During 1952 Balance December 31, 1952 $14,720,000.00 7,000,000.00 5,202,365.46 1,075,651.03 371,200.00 94,356.32 3,202,500.00 2,450,000.00 400,000.00 804,220.00 173,337.55 $35,493,630.36 $ 2,000,000.00 300,000.00 1,836,558.80 393,847.00 $4,530,405.80 $ 320,000.00 300,000.00 233,945.47 1,075,651.03 32,090.09 371,200.00 10,148.39 94,356.32 885,000.00 100,000.00 40,720.00 82,629.00 $3,545,740.30 $14,400,000.00 6,700,000.00 4,968,419.99 1,967,909.91 289,851.61 2,317,500.00 1,836,558.80 2,450,000.00 300,000.00 763,500.00 484,555.55 $36,478,295.86 In May, Dean Carpenter, a vice president and a director of Hilton Hotels International, Inc., was appointed as special European representative for Hilton Hotels Corporation. Mr. Carpenter had been general manager of the Plaza Hotel since May 1, 1951, and general manager of the Hotel Roosevelt prior to that. Also in May, John W. Houser was elected executive vice president of Hilton Hotels International, Inc. Mr. Houser had served as general manager, vice president, and director of that corporation since its formation in 1948. In July, Arthur E. Elmiger, formerly general manager of the Caribe Hilton Hotel in San Juan, Puerto Rico, was appointed general manager of the new Castellana Hilton Hotel in Madrid, Spain. Robert J. Caverly, vice president of Hilton Hotels International, was appointed as general manager of the Caribe Hilton, to succeed Mr. Elmiger. At the beginning of the new year, we suffered a great loss in the death of Mr. James B. Herndon, Jr., vice president of Hilton Hotels Corporation and treasurer of the Hotel Waldorf-Astoria Corporation. Mr. Herndon, who had been ill for six months, died in New York on January 4, 1953. His passing is deeply felt not only by the officers, directors and employees of the Hilton Hotels organization with whom he had been associated since 1929, but by his many friends and associates throughout the country, including members of the American Hotel Association and Williamsburg Restoration, Inc., for whom, at the time of his death, he was, respectively, board chairman and trustee. Relations with the 12,000 employees of the Hilton Hotels organization continued on a harmonious basis in 1952. We are aware of the fact that the loyalty and high performance standards of our employees have contributed much toward the successful operation of the Corporation and are appreciative of that fact. This appreciation was expressed in the establishment, in 1951, of the Hilton Hotels Employees Pension Plan which gives Hilton workers a measure of financial independence when their period of service to the Corporation ends. The Corporation bears the entire cost of this plan and contributed $400,000 to it in 1952. 10