The Liberty Corporation Subsidiaries Records reflect the diverse business activities and investment interests the company engaged in over a forty-year period. As originally conceived, The Liberty Corporation was to have a triad configuration, with major subsidiaries in life insurance, broadcasting and investments playing mutually supporting roles. While the company moved rapidly and successfully forward with insurance and broadcasting the story was less than rapid and successful with investments. The company was, however, astute, practical, and ethical-it maximized profitable enterprises and, once suitable alternative management arrangements were made, divested itself of losing propositions. The documents comprising these Subsidiaries Records tell the tale of The Liberty Corporation's management strategies.

The physical extent of the documentation for the Subsidiaries Records ranges from one folder for First City Mortgage, Integon, Liberty Capital Advisors, and Triad Life to forty or more folders for Greater Arizona (49), Liberty Properties (55), and United Fidelity (52). The remaining subsidiaries yield anywhere from three to eleven folders of information: Bent Tree (3), La Marick Beauty System (11), Liberty Investors Benefit Insurance (10), Liberty Investment Management (3), Snee Farm (6), Special Services (5), Surety Life (3), and Surety Investment (3).

The informational extent for all the Subsidiaries Records is similar in that each contains some form of Annual or Financial Statements and Strategic or Long-Range Plans. Beyond that, Greater Arizona includes Board of Director's Meeting Minutes, an Index to Financial Statements, and Summary Reports; La Marick includes some Management Committee Meetings; Liberty Investment Management includes a Management Agreement and Investment Objectives; Liberty Properties Group Includes Board of Director's Meeting Minutes, a Capital Commitment Request, various Committee Meeting Minutes and Reports, and other Reports, Schedules, and Studies; Snee Farm includes an Accountant's Report, Balance Sheets, and Income Tax information; Special Services includes an Air Travel Agreement, Inventories, and a Purchase Order for a Learjet 25; Surety Life includes a Rate Book, Reports on Examinations, Retirement Annuity, and Pension Plans; and Surety Investment includes a Chart of Accounts. The majority of documentation for Liberty Investors Benefit Insurance consists of a Closing File, and that for United Fidelity pertains to the purchase of land, architect's plans, and construction details pertaining to the building of its new home office in Addison, Texas. The oversize section contains annual statements of the Surety Indemnity Company, the Surety Life Insurance Company, Liberty Investors Benefit Insurance Company, and United Fidelity Life Insurance Company, as well as blueprints of Phase I of the United Fidelity Life Insurance Company Home Office Building in Addison, Texas.