Liberty Pictures was a Poverty Row studio headed by M.H. Hoffman. It later merged with several other studios to form Republic Pictures. Not to be confused with Liberty Films, who also had later ties to Republic Pictures and Paramount Pictures.
Logo: We see a shot of a bell ringing (the Liberty Bell in Pennsylvania, a symbol of American independence). Then the following text in a fancy font fades in:
FX/SFX: The bell ringing, the text fading in.