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Hilton Hotels, 1952 Annual Report
Image 17
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Hilton Hotels Corporation. Hilton Hotels, 1952 Annual Report - Image 17. 1952. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 24, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/736/show/724.

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 17. 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/724

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 17, 1952, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 24, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/736/show/724.

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 17
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_005_017.jpg
Transcript E L S CORPORATION AND SUBSIDIARIES CONSOLIDATED SURPLUS CAPITAL SURPLUS balance—beginning of year $ 9,202,136.98 add: Discount on Convertible Preference Stock Purchased for the Treasury $ 363,760.00 Surplus Arising from Exchange of Common Stock for Capital Stock of Mayflower Hotel Corporation 923,916.60 Surplus Arising from Adjustment of Reserves for Depreciation of Conrad Hilton Hotel at Date of Merger (June 1, 1946) to Conform with Income Tax Settlement 79,044.63 Surplus Arising from Adjustment of Assets and Related Depreciation Reserves of Mayflower Hotel Corporation to Tax Basis: Fixed Assets (Net) 367,620.47 Unamortized Loan Expense 13,837.24 Reorganization Expense 2,156.82 1,750,335.76 BALANCE—END OF YEAR $10,952,472.74 EARNED SURPLUS balance—beginning of year $14,447,174.08 add: Cancellation of 1951 Reserve for Dividends Payable on 36,376 Shares of Convertible Preference Stock Purchased During 1952 per Option Agreements $ 210,278.00 Consolidated Net Income for the Year Ended December 31, 1952 4,521,415.31 4,731,693.31 $19,178,867.39 deduct: Dividends—Convertible Preference Stock $ 87,026.00 Dividends—Common Stock 1,904,193.60 1,991,219.60 BALANCE—END OF YEAR $17,187,647.79 15