Record Group 5: Boyd Calhoun Hipp Papers, 1949 - 1976
Scope and Content Note
The Boyd Calhoun Hipp Papers document primarily his business activities at The Liberty Corporation, its subsidiaries, and its predecessors. Hipp was mainly involved in Liberty's broadcast and investment operations. The files are arranged into record series according to the specific corporation. Within each series, the records are organized in an alphabetical subject file. Some larger series, such as Liberty Life Insurance Company and The Liberty Corporation, are further divided by committees or departments, and folders related to that subdivision are arranged in an alphabetical order.
These records illustrate the planning and operations of a number of Liberty firms. There is considerable material about The Broadcasting Company of the South, Cosmos Broadcasting Corporation, and its flagship station, WIS, including minutes of meetings of Board of Directors, financial statements, balance sheets, and investment committee files. The records of Liberty Life Insurance Company include file of the numerous committees upon which Hipp served. Of particular importance are those of the finance, investment and management committees. There are also records of the Investment Division that Hipp supervised. The Surety Investment Company series includes records of the finance, investment, and management committees, balance sheets, and correspondence.
There are a few records from the following firms: Independence Insurance Company, Selico Incorporated, The Southeastern Life Insurance Company, Special Services Corporation, The Surety Insurance Company, The Surety Indemnity Company, The Surety Life Insurance Company, Surety Realty Corporation, The Liberty Corporation, Tres & Company, and Bankers Fire and Marine Insurance Company. A small series of personal papers includes material related to Hipp's activities in several professional insurance organizations and biographical material.
NOTE: Some of The Broadcasting Company of the South records were not received from the Liberty Corporation Archives with the other records of this series. These records include Accountants Report and Financial Statement, Annual Meeting, Balance Sheets, Bank Balance, Board of Director's Meetings, Broadcasting Company of the South Foundation, CATV, and Comparative Statement of Income-Radio Station WIS. A list of the titles of these folders is given after the separation list.
Dates
- 1949 - 1976
Biographical Note
Boyd Calhoun Hipp was born on August 31, 1922 in Greenville, South Carolina. He was the youngest son of Eunice Halfacre Hipp and W. Frank Hipp, founder of The Liberty Life Insurance Company. Educated in the Greenville public school system, he graduated from Greenville High School in 1939. At Davidson College in Davidson, North Carolina, Hipp majored in business and economics and graduated cum laude in 1943. As a captain in the United States Army infantry during World War II, Hipp was decorated for service in Europe and earned the Purple Heart with Oak Leaf Cluster and the Bronze Star.
Hipp joined Liberty Life Insurance Company in 1946 and served as assistant treasurer (1948-1949), assistant vice president (1949-1953), administrative vice president (1953-1959), vice president for investments (1959-1961), senior vice president (1961-1968), and executive vice president for investment (1968-1976). He also served as president of The Broadcasting Company of the South and later as chairman of the board of Cosmos Broadcasting Corporation, as well as a director and executive vice president (1968-1976) of The Liberty Corporation. Hipp was also president and director of Liberty Investment Management Corporation and a director of Greater Arizona Savings and Loan Association. As an active member of the Greenville business community, he was a director of Southern Bank and Trust Company, a director of Textile Hall Corporation, and a member of the American Institute of Management Presidents' Council, the Mortgage Bankers Association, the Newcomen Society, the National Board of Governors of the Institute of Living, and the Piedmont Economics Club.
Hipp was also involved in numerous community and educational organizations including the Council of Wofford College Associates, the Davidson College Board of Visitors, the National Board of Governors of the Institute of Living, and the North Greenville College Advisory Board. In 1976, Hipp received the distinguished alumnus award from Davidson. He was married to Jean Jones Hipp and was the father of Beth Louise Hipp and Boyd Calhoun Hipp II. Following an extended bout with cancer, he died on October 16, 1976. Information for this biographical sketch was found in Series 3, Personal Papers, of this record group.
Extent
13.25 Cubic Feet (including photographs and oversize material)
Language of Materials
From the Collection: English
Introduction
The papers of Boyd Calhoun Hipp illuminate his career with The Liberty Corporation and the firms that preceded it. The papers are particularly strong in documenting the operations of The Broadcasting Company of the South and its successor, Cosmos Broadcasting Corporation, and in documenting investment activities by various Liberty subsidiaries. This record group consists of material from part of accession 82-48 and other material, which was never accessioned. The collection was processed in 1985 by Susan Hult and Joey Keaton. It was accessioned by Special Collections as accession 94-54 and reboxed in 1999 by Kristina Cathcart. This register was drafted in 1986 by Joey Keaton and revised by Bryan F. McKown and James S. Bruce in 1987, and by James Cross in 2000.
Creator
- From the Collection: Liberty Corporation (other_unmapped, Organization)
Repository Details
Part of the Clemson University Libraries Special Collections and Archives Repository