-----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, QHfnNDf9LODSs/3+6HQ1egp5hLGJJ43NzXdQhsQVxWlwYvnXV0P75cnVnMsBSIgD cGEi1DNfHHX2cn/KYewElA== 0000950144-98-001404.txt : 19980218 0000950144-98-001404.hdr.sgml : 19980218 ACCESSION NUMBER: 0000950144-98-001404 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980213 SROS: CSX SROS: NYSE SROS: PHLX 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: SEC FILE NUMBER: 005-12574 FILM NUMBER: 98536354 BUSINESS ADDRESS: STREET 1: P O BOX 789 STREET 2: 2000 WADE HAMPTON BLVD CITY: GREENVILLE STATE: SC ZIP: 29615 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: HIPP WILLIAM FRANKLIN CENTRAL INDEX KEY: 0000902061 STANDARD INDUSTRIAL CLASSIFICATION: [] FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 40 OLD VERMONT PLACE CITY: ATLANTA STATE: GA ZIP: 30328 BUSINESS PHONE: 4043211728 MAIL ADDRESS: STREET 1: 40 OLD VERMONT PLACE CITY: ATLANTA STATE: GA ZIP: 30328 SC 13G/A 1 THE LIBERTY CORPORATION/WILLIAM FRANKLIN HIPP 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 15 )* THE LIBERTY CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (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 4 pages. 2 CUSIP NO. 530370 10 5 SCHEDULE 13G PAGE 2 OF 4 PAGES ------------- ----- ---- - ------------------------------------------------------------------------------------------------------------ (1) NAMES OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS William Franklin Hipp - ------------------------------------------------------------------------------------------------------------ (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 NUMBER OF 145,060 Shares SHARES --------------------------------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 1,371,030 Shares EACH --------------------------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 145,060 Shares --------------------------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 1,371,030 Shares - ------------------------------------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,516,090 Shares - ------------------------------------------------------------------------------------------------------------ (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES * [ ] - ------------------------------------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% - ------------------------------------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON * IN - ------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILING OUT! PAGE 2 OF 4 PAGES 3 SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 SCHEDULE 13G Under The Securities Exchange Act of 1934 Item 1(a). Name of Issuer: The Liberty Corporation Item 1(b). Address of Issuer's Principal Executive Offices: 2000 Wade Hampton Boulevard Greenville, South Carolina 29615 Item 2(a). Name of Person Filing: William Franklin Hipp Item 2(b). Address of Principal Business Office or, If None, Residence: 40 Old Vermont Place Atlanta, Georgia 30328 Item 2(c). Citizenship: United States of America Item 2(d). Title of class of securities: Common Stock Item 2(e). CUSIP Number: 530370-10-5 Item 3. Not Applicable Item 4. Ownership: (a) Amount Beneficially Owned: 1,516,090 shares (b) Percent of Class: 7.3% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote 145,060 shares (ii) Shared power to vote or direct the vote 1,371,030 shares (iii) Sole power to dispose or direct the disposition 145,060 shares (iv) Shared power to dispose or direct the disposition 1,371,030 shares Mr. Hipp disclaims beneficial ownership of all the shares shown above except the 145,060 shares as to which he has sole voting and dispositive power. Item 5. Ownership of Five Percent or Less of a Class: Not applicable. Item 6. Ownership or More than Five Percent on Behalf of Another Person: The shares shown in Item 4(ii) and (iv) above are held by persons or entities having the right to receive dividends and sale proceeds as follows: (a) 1,097,680 shares (or 5.3%) are held by Wachovia Bank, Greenville, South Carolina, as trustee for the benefit of Mr. Hipp's brothers and sisters. Mr. Hipp, Mr. Hipp's brothers and sisters and William R. Patterson 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 trusts but not action with respect to distribution of dividends or sale proceeds, which may be accumulated or distributed to the beneficiaries. Page 3 of 4 Pages 4 (b) 62,927 shares (or .3%) are held by Mr. Hipp's wife and by or for his minor children. (c) 19,793 shares (or .1%) held by the William Hipp Family 1988 Trust for the benefit of his children. Mr. Hipp's wife and Mr. Hipp's brother (H. Neel Hipp, Jr.) serve as Co-Trustees of the Trust. (d) 119,800 shares (or .6%) are held by the Jane F. Hipp Children's Twelve-Year Grantor Income Trust and the Jane F. Hipp Grandchildren's 1987 Ten-Year Grantor Income Trust. Mr. Hipp is a trustee of each trust. (e) 70,830 shares (or .3%) are held by the H. Neel Hipp, Jr. Children's 1987 Fifteen-Year Grantor Income Trust and the H. Neel Hipp, Jr. 1987 Family Trust. Mr. Hipp is a trustee of each trust. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Not applicable. Item 8. Identification and Classification of Members of the Group: Not applicable. Item 9. Notice of Dissolution of the Group: Not applicable. Item 10. Certification: After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 5, 1998 /s/ William Franklin Hipp ------------------------------- William Franklin Hipp Page 4 of 4 Pages. -----END PRIVACY-ENHANCED MESSAGE-----