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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
THE LIBERTY CORPORATION
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
530370 10 5
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(CUSIP Number)
April 20, 1999
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Date of Event Which Requires Filing of this Statement
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss. 240.13d-7(b) for other
parties to whom copies are to be sent.
*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.
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CUSIP NO. 530370 10 5 SCHEDULE 13D PAGE 2 OF 4 PAGES
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(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
John B. Hipp
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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) SOURCE OF FUNDS (See Instructions)
OO
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(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
[ ]
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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(7) SOLE VOTING POWER
NUMBER OF 91,058 Shares
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 701,342 Shares
EACH --------------------------------------------------------------
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON WITH 9l,058 Shares
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(10) SHARED DISPOSITIVE POWER
701,342 Shares
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
792,400 Shares
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(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES (See Instructions) [ ]
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.2%
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(14) TYPE OF REPORTING PERSON (See Instructions) IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 2 OF 4 PAGES
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AMENDMENT NO. 1 TO SCHEDULE 13D
Item 1. Security and Issuer.
Common Stock
The Liberty Corporation
2000 Wade Hampton Boulevard
Greenville, South Carolina 29615
Item 2. Identity and Background:
(a) Name
John B. Hipp
(b) Residence or Business Address
P. O. Box 725228
Atlanta, Georgia 31139
(c) Present Principal Occupation or Employment
Director, Not-for-Profit Organization
(d) Disclosure of Criminal Proceedings
None
(e) Disclosure of Civil Proceedings
None
(f) Citizenship
United States of America
Item 3. Not Applicable
Item 4. Not Applicable
Item 5. Interest in Securities of the Issuer.
(a) Aggregate Number of Shares Beneficially Owned: 792,400 shares
Percent of Class: 4.2%
(b) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote 91,058 shares
(ii) Shared power to vote or direct the vote 701,342 shares*
(iii) Sole power to dispose or direct
the disposition of 91,058 shares
(iv) Shared power to dispose or direct the
disposition of 701,342 shares*
*Mr. Hipp disclaims beneficial ownership of all the shares shown above
except the 91,058 shares as to which he has sole voting and
dispositive power.
Page 3 of 4 Pages.
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(c) Transactions Effected During Past 60 Days.
(1) 284,056 shares (or 1.5%) held as Co-Personal
Representatives by John B. Hipp, his brother W. Hayne Hipp,
and Wachovia Bank of SC, Greenville, SC, under the Last Will
and Testament of Francis M. Hipp, father of John B. Hipp
("Will"), were sold or distributed to the beneficiaries under
the Will as of March 10, 1999. (2) John B. Hipp resigned as a
Trustee of the W. Hayne Hipp Foundation, holder of 297,302
shares (or 1.6%), on April 20, 1999.
(d) Not Applicable.
(e) Date of Cessation as Beneficial Owner of Five Percent.
April 20, 1999
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer.
None.
Item 7. Exhibits.
None.
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.
April 28, 1999 John B. Hipp /s/
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John B. Hipp
Page 4 of 4 Pages.
