SCHEDULE 13G
1.
(a) Name of Issuer:
HAROLD'S STORES, INC.
(b) Address of Issuer's Principal Executive Offices:
765 ASP
NORMAN, OK 73069
2.
(a) Name of Person Filing:
H. RAINEY POWELL
(b) Address of Principal Business Office, or, if none,
Residence:
765 ASP
NORMAN, OK 73069
(c) Citizenship:
UNITED STATES
(d) Title of Class of Securities:
COMMON STOCK, PAR VALUE $.01
(e) CUSIP Number:
413353 10 3
3. NOT APPLICABLE.
4. OWNERSHIP.
(a) Amount Beneficially Owned:
428,752
(1) Included in this amount are 57,822 shares which are
held by Mr. Powell as custodian for the benefit of
his minor children. Not included are 56,411 shares
of Common Stock held by Mr. Powell's wife, over
which Mr. Powell disclaims beneficial ownership.
(b) Percent of Class:
9.09%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
428,752
(ii) shared power to vote or to direct the
vote:
0
(iii) sole power to dispose or to direct the
disposition of:
428,752
(iv) shared power to dispose or to direct the
disposition of:
0
5. Ownership of Five Percent or Less of a Class.
Not applicable
6. Ownership of More than Five Percent on Behalf of Another
Person.
Not applicable
7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company.
Not applicable
8. Identification and Classification of Members of the Group.
Not applicable.
9. Notice of Dissolution of Group.
Not applicable
10. Certification.
Not applicable
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, 1996
H. Rainey Powell
