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Hilton Hotels, 1955 Annual Report
Image 17
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Hilton Hotels Corporation. Hilton Hotels, 1955 Annual Report - Image 17. 1955. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. July 7, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/886/show/874.

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. (1955). Hilton Hotels, 1955 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/886/show/874

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, 1955 Annual Report - Image 17, 1955, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed July 7, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/886/show/874.

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, 1955 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1955
Description Hilton Hotels Annual Report for calendar year 1955.
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_008_017.jpg
Transcript and Subsidiaries LIABILITIES CURRENT LIABILITIES Bank Loans Payable Accounts Payable Accrued Expenses and Charges Long-Term Debt Due Within One Year Estimated Federal, State, City, District and Foreign Taxes on Income— (Based on Separate Returns of the Consolidated Companies) (Note 3) $ 8,174,918.81 Less: U. S. Treasury Tax Notes—(At Cost) 550,000.00 Other Total Current Liabilities LONG-TERM DEBT (Note 4) Mortgage Bonds and Notes $42,712,145.77 4% Debentures 4,920,000.00 2% Debentures 1,500,000.00 AY2% Fifteen-Year Convertible Debentures 6,815,900.00 5% Sinking Fund Subordinated Income and Subordinated Debentures, Net of Debentures in Treasury 1,688,768.80 Installment Purchase Agreements and Notes Payable 16,957,840.00 Contract Termination Settlements 427,791.66 $75,022,446.23 Less: Amounts Due Within One Year—(Above) 4,033,914.96 Total DEFERRED INCOME Unrealized Profit on Sale of Properties $ 8,586,918.68 Other 67,696.53 Total RESERVES—SUNDRY MINORITY INTEREST CAPITAL STOCK AND SURPLUS Capital Stock—(Note 5) Cumulative First Preferred, Issuable in Series, Par $100.00; 86,100 Shares Authorized Issued and Outstanding: 52,900 Shares 5% "Series A", Excluding 7,820 Shares Held in Treasury. . . $ 5,290,000.00 25,340 Shares 4%% (Convertible), "Series B" 2,534,000.00 Common, Par $5.00; 4,000,000 Shares Authorized; 63,350 Shares Reserved for Conversion Privileges of 4%% First Preferred Stock (Convertible) "Series B", at Conversion Price of $40. per Share; 156,687 Shares Reserved for Conversion Privileges of 4J^% Fifteen-Year Convertible Debentures at Conversion Price of $43.50 per Share; 1,944,267 Shares Outstanding (Including 224,028 Shares in Treasury—See Below) 9,721,335.00 Common Stock Scrip 151.89 Total Capital Stock $17,545,486.89 Surplus Capital Surplus $15,689,532.05 Earned Surplus 29,966,364.04 Reserve for Contingencies 500,000.00 Total Surplus $46,155,896.09 Total Capital Stock and Surplus $63,701,382.98 Deduct: Common Stock in Treasury—224,028 Shares—(At Cost) 3,400,610.92 COMMITMENTS AND CONTINGENT LIABILITIES (Notes 6 and 7) TOTAL LIABILITIES 235,547.88 8,435,546.23 8,507,297.28 4,033,914.96 7,624,918.81 635,423.96 $ 29,472,649.12 70,988,531.27 8,654,615.21 395,246.55 97,604.47 60,300,772.06 $169,909,418.68 15