-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ISlA/8mBGg2w076tktj7SOXWvszZxMOk2f3Lc0HcLpJidsj4z+bfFdN/TlOvpcs5 AWol8cK3a5fs0fS22DBlqA== 0000950144-96-000390.txt : 19960216 0000950144-96-000390.hdr.sgml : 19960216 ACCESSION NUMBER: 0000950144-96-000390 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960213 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LIBERTY CORP CENTRAL INDEX KEY: 0000059229 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 570507055 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-12574 FILM NUMBER: 96516556 BUSINESS ADDRESS: STREET 1: P O BOX 789 STREET 2: WADE HAMPTON BLVD CITY: GREENVILLE STATE: SC ZIP: 29602 BUSINESS PHONE: 8032688283 MAIL ADDRESS: STREET 1: P O BOX 789 STREET 2: WADE HAMPTON BLVD CITY: GREENVILLE STATE: SC ZIP: 29602 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PATTERSON WILLIAM R CENTRAL INDEX KEY: 0000903348 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: SUTHERLAND ASBIL & BRENNAN STREET 2: 999 PEACHTREE ST NE CITY: ATLANTA STATE: GA ZIP: 30309 MAIL ADDRESS: STREET 1: SUTHERLAND ASBILL & BRENNAN STREET 2: 999 PEACHTREE STREET N E CITY: ATLANTA STATE: GA ZIP: 30309-3996 SC 13G/A 1 SCHEDULE 13G/A FOR THE LIBERTY CORPORATION 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 11 )* ------ THE LIBERTY CORPORATION - ------------------------------------------------------------------------------- (NAME OF ISSUER) Common Stock (no par value) - ------------------------------------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 530370-10-5 (CUSIP NUMBER) Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 5 Pages 2 13G CUSIP NO. 530370-10-5 Page 2 of 5 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON William R. Patterson 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America 5 SOLE VOTING POWER -0- 6 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 2,156,894 OWNED BY EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON -0- WITH 8 SHARED DISPOSITIVE POWER 1,789,392 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,156,894 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.75% 12 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTION BEFORE FILLING OUT Page 2 of 5 pages 3 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 11 TO SCHEDULE 13G ORIGINALLY FILED FEBRUARY 14, 1979 Schedule 13G originally filed February 14, 1979, as heretofore amended, is further amended as set forth in Items 4 and 6; Item 2 reflects no change, but is included for identification purposes: Item 2. (a) NAME OF PERSON FILING: William R. Patterson (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: Sutherland, Asbill & Brennan 999 Peachtree Street, N.E. Atlanta, GA 30309-3996 (c) CITIZENSHIP: United States of America (d) TITLE OF CLASS OF SECURITIES: Common Stock (no par value) (e) CUSIP NUMBER: 530370-10-5 Item 4. OWNERSHIP: (a) Amount beneficially owned 2,156,894*/ (b) Percent of class 10.75 % (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote - 0 - (ii) Shared power to vote or direct the vote 2,156,894*/ (iii) Sole power to dispose or direct the disposition of - 0 - (iv) Shared power to dispose or direct the disposition of 1,789,392*/ __________________________________ */The filing of this statement shall not be construed as an admission that William R. Patterson is, for the purposes of Sections 13(d) or 13(g) of the Securities Exchange Act of 1934, or for any other purpose, the beneficial owner of the shares described in Item 4. These shares are held by various trusts for which Mr. Patterson serves on the Trust Committee. Mr. Patterson disclaims beneficial ownership of all these shares. See Item 6. Page 3 of 5 pages 4 Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: The shares shown in Item 4(c)(ii) and (iv) above are held by trusts, and the beneficiaries of such trusts have the right to receive dividends and sale proceeds as follows: (a) 1,373,392 shares are held by Wachovia Bank, Greenville, South Carolina, as trustee of trusts for the benefit of the adult children of Herman N. Hipp: Herman N. Hipp, Jr., Mary Ladson Hipp Haddow, William Franklin Hipp, Edward Fishburne Hipp and Jane Gage Hipp Caulder. William R. Patterson and certain children of Herman N. Hipp are committeemen for these trusts and must approve the action of the trustee taken with respect to the voting and disposition of shares held in the trust but not action taken with respect to distribution of dividends or sale proceeds, which may be accumulated or distributed to the beneficiaries. (b) 367,502 shares are held by Wachovia Bank, Greenville, South Carolina as trustee of a trust created under the Will of Herman N. Hipp for the benefit of his wife, Jane F. Hipp. Mrs. Hipp and William R. Patterson serve as the members of the trust committee, and in such capacity they have the right to demand and receive from the trustee a proxy permitting them to vote any shares of stock held by the trust, including the shares of The Liberty Corporation, on any occasion when any of such shares may be voted. Mr. Patterson, as a member of the trust committee, does not have or share the power to dispose or to direct the disposition of any of these shares. (c) 416,000 shares are held by Wachovia Bank, Greenville, South Carolina, as trustee for the benefit of Boyd Calhoun Hipp, II and Beth Louise Hipp Clifton. William R. Patterson and W. Hayne Hipp are the committeemen for these trusts and must approve the action of the trustee taken with respect to the voting and disposition of shares held in the trust and with respect to distribution of dividends or sale proceeds, which may be accumulated or distributed to the beneficiaries. Page 4 of 5 pages 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth above in this statement is true, complete and correct. February 13, 1996 /s/ William R. Patterson ----------------------------- William R. Patterson Page 4 of 5 pages -----END PRIVACY-ENHANCED MESSAGE-----