Schedule 13-G
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:
(1) 454,420
Included in this amount are 63,568 shares which are held
by Mr. Powell as custodian
for the benefit of his minor children. Not included are
60,659 shares of Common Stock held by Mr. Powell's wife,
over which Mr. Powell disclaims beneficial ownership.
Percent of Class:
8.35%
( c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
454,420
(ii) sole power to dispose or to direct the disposition
of:
0
(iii) sole power to dispose or to direct the disposition
of:
454,420
(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.
