SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information to be included in Statements filed pursuant to Rules 13d-1(b), (c)
and (d) and Amendments thereto filed pursuant to Rule 13d-2
(AMENDMENT NO. 17(1)
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THE LIBERTY CORPORATION
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(NAME OF ISSUER)
Common Stock (no par value)
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(TITLE OF CLASS OF SECURITIES)
530370-10-5
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(CUSIP NUMBER)
December 31, 2001
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DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS
SCHEDULE IS FILED:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
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(1) 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).
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CUSIP No. 530370-10-5 13G Page 2 of 4 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William R. Patterson
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5 SOLE VOTING POWER
-0-
NUMBER OF --------------------------------------------------------------
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 1,853,804
REPORTING --------------------------------------------------------------
PERSON
WITH 7 SOLE DISPOSITIVE POWER
-0-
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8 SHARED DISPOSITIVE POWER
1,581,392
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,853,804
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.39%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT
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AMENDMENT NO. 17 TO SCHEDULE 13G
Schedule 13G, as originally filed February 14, 1979, as restated in its
entirety in an electronic filing on February 14, 1995, and as amended prior to
this filing, is further amended as of December 31, 2001 as set forth in Items
1(b), 4 and 6:
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
135 South Main Street
Greenville, South Carolina 29601
ITEM 4. OWNERSHIP:
(a) Amount beneficially owned 1,853,804*/
-
(b) Percent of class 9.39%
(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 1,853,804*/
-
(iii) Sole power to dispose or direct the disposition of -0-
(iv) Shared power to dispose or direct the disposition of 1,581,392(1)
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) 272,412 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
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(1) 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.
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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) 208,000 shares are held by Wachovia Bank, Greenville, South Carolina,
as trustee for the benefit of Boyd Calhoun Hipp, II. William R.
Patterson, W. Hayne Hipp and Anna Kate Hipp are the committee members
for this trust 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 beneficiary.
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 11, 2002
/s/ William R. Patterson
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William R. Patterson
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