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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1 )
The Liberty Corporation
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(NAME OF ISSUER)
Common
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(TITLE OF CLASS OF SECURITIES)
530370105
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(CUSIP NUMBER)
CHECK THE FOLLOWING BOX IF A FEE IS BEING PAID WITH THIS STATEMENT /x/
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(1) Names of Reporting Persons S.S. or I.R.S. Wachovia Corporation
Identification Nos. of Above Persons 56-1473727
(2) Check the Appropriate Box if a Member of a Group (See (A) N/A
Instructions) (B) N/A
(3) SEC Use Only
(4) Citizenship or Place of Organization North Carolina
Number of Shares (5) Sole Voting Power 453,788.00
Beneficially (6) Shared Voting Power 145,307.00
Owned by Each (7) Sole Dispositive Power 1,712,459.00
Reporting Person (8) Shared Dispositive Power 31,500.00
With
(9) Aggregate Amount Beneficially Owned by Each Reporting 1,757,859.00
Person
(10) Check if Aggregate Amount in Row 9 Excludes Certain
Shares
(See Instructions)
(11) Percent of Class Represented by Amount in Row 9 9.0%
(12) Type of Reporting Person
(See Instructions) HC/Trustee
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(1) Names of Reporting Persons S.S. or I.R.S. The South Carolina National Bank
Identification Nos. of Above Persons 57-0539952
(2) Check the Appropriate Box if a Member of a Group (See (A) N/A
Instructions) (B) N/A
(3) SEC Use Only
(4) Citizenship or Place of Organization United States
Number of Shares (5) Sole Voting Power 140,117.00
Beneficially (6) Shared Voting Power 143,507.00
Owned by Each (7) Sole Dispositive Power 1,254,941.00
Reporting Person (8) Shared Dispositive Power 30,000.00
With
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,297,541.00
(10) Check if Aggregate Amount in Row 9 Excludes Certain
Shares
(See Instructions)
(11) Percent of Class Represented by Amount in Row 9
6.7%
(12) Type of Reporting Person
(See Instructions) Bank/Trustee
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ITEM 1 (A) NAME OF ISSUER:
The Liberty Corporation
ITEM 1 (B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
P.O. Box 789
Greenville, South Carolina 29602
ITEM 2 (A) NAME OF PERSON FILING:
A. Wachovia Corporation
B. The South Carolina National Bank
ITEM 2 (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
A. 301 North Main Street
Winston-Salem, North Carolina 27150-3099
B. 1426 Main Street
Columbia, South Carolina 29226-0001
ITEM 2 (C) CITIZENSHIP:
A. North Carolina
B. United States
ITEM 2 (D) TITLE OF CLASS OF SECURITIES:
Common
ITEM 2 (E) CUSIP NUMBER:
530370105
ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-3(B), CHECK WHETHER THE PERSON
FILING IS A:
(A) ( ) BROKER OR DEALER REGISTERED UNDER SECTION 15 OF THE ACT
(B) (X) BANK AS DEFINED IN SECTION 3(A)(6) OF THE ACT
(The South Carolina National Bank)
(C) ( ) INSURANCE COMPANY AS DEFINED IN SECTION 3(A)(19) OF THE ACT
(D) ( ) INVESTMENT COMPANY REGISTERED UNDER SECTION 8 OF THE INVESTMENT COMPANY ACT
(E) ( ) INVESTMENT ADVISER REGISTERED UNDER SECTION 203 OF THE INVESTMENT ADVISERS ACT OF
1940
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(F) ( ) EMPLOYEE BENEFIT PLAN, PENSION FUND WHICH IS SUBJECT TO THE PROVISIONS OF THE
EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 OR ENDOWMENT FUND; SEE
240.13D-1(B)(1)(II)(F)
(G) (X) PARENT HOLDING COMPANY, IN ACCORDANCE WITH 240.13D-1(B)(II)(G) (NOTE: SEE ITEM 7)
(Wachovia Corporation)
(H) ( ) GROUP, IN ACCORDANCE WITH 240.13D-1(B)(1)(II)(H)
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ITEM 4 OWNERSHIP.
IF THE PERCENT OF THE CLASS OWNED, AS OF DECEMBER 31 OF THE
YEAR COVERED BY THE STATEMENT, OR AS OF THE LAST DAY OF ANY
MONTH DESCRIBED IN RULE 13D-1 (B)(2), IF APPLICABLE, EXCEEDS
FIVE PERCENT, PROVIDE THE FOLLOWING INFORMATION AS OF THAT
DATE AND IDENTIFY THOSE SHARES WHICH THERE IS A RIGHT TO
ACQUIRE.
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A. WACHOVIA CORPORATION
(A) AMOUNT BENEFICIALLY OWNED: 1,757,859.00
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(B) PERCENT OF CLASS: 9.0%
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(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE 453,788.00
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(II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE 145,307.00
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(III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 1,712,459.00
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(IV) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 31,500.00
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B. THE SOUTH CAROLINA NATIONAL BANK
(A) AMOUNT BENEFICIALLY OWNED: 1,297,541.00
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(B) PERCENT OF CLASS: 6.7%
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(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(I) SOLE POWER TO VOTE OR TO DIRECT THE VOTE 140,117.00
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(II) SHARED POWER TO VOTE OR TO DIRECT THE VOTE 143,507.00
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(III) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 1,254,941.00
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(IV) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF 30,000.00
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ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
N/A
ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
N/A
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
The securities to which this report relates are held by
The South Carolina National Bank, Wachovia Bank of Georgia
and Wachovia Bank of North Carolina, NA, as trustees. This
filing should not be construed as an admission that the
trustees or their parent, Wachovia Corporation, are, for the
purposes of Section 13(d) or 13(g) of the Act, beneficial
owners of any securities covered by this statement.
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
N/A
ITEM 9 NOTICE OF DISSOLUTION OF GROUP.
N/A
ITEM 10 CERTIFICATION:
BY SIGNING BELOW, I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE
AND BELIEF, THE SECURITIES REFERRED TO ABOVE WERE NOT ACQUIRED
FOR THE PURPOSE OF AND DO NOT HAVE THE EFFECT OF CHANGING OR
INFLUENCING THE CONTROL OF THE ISSUER OF SUCH SECURITIES AND
WERE NOT ACQUIRED IN CONNECTION WITH OR AS A PARTICIPANT IN
ANY TRANSACTION HAVING SUCH PURPOSES OR EFFECT.
SIGNATURE
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.
DATE: February 14, 1994
FOR: Wachovia Corporation
BY: /s/ Hugh M. Durden
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Hugh M. Durden, Executive Vice President
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CERTIFICATION:
BY SIGNING BELOW, I CERTIFY THAT, TO THE BEST OF MY KNOWLEDGE AND
BELIEF, THE SECURITIES REFERRED TO ABOVE WERE NOT ACQUIRED FOR
THE PURPOSE OF AND DO NOT HAVE THE EFFECT OF CHANGING OR
INFLUENCING THE CONTROL OF THE ISSUER OF SUCH SECURITIES AND WERE
NOT ACQUIRED IN CONNECTION WITH OR AS A PARTICIPANT IN ANY
TRANSACTION HAVING SUCH PURPOSES OR EFFECT.
SIGNATURE
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.
DATE: February 14, 1994
FOR: The South Carolina National Bank
BY: /s/ W. Patrick Dorn , Jr.
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W. Patrick Dorn, Jr., Senior Vice President
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