CUSIP NO. 413353103 Page 5 of 5 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 10)
Harold's Stores, Inc.
- ------------------------------------------------------------
---------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------
---------
(Title of Class of Securities)
413353103
- ------------------------------------------------------------
---------
(CUSIP Number)
December 31, 1998
- ------------------------------------------------------------
---------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ X ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section
18 of the Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act
(however, see the Notes).
(Continued on Following Page(s))
1. NAME OF REPORTING PERSON
Michael T. Casey
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (A) [ ]
(B) [ ]
- ------------------------------------------------------------
3. SEC USE ONLY
- ------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ------------------------------------------------------------
5. SOLE VOTING POWER 364,432
NUMBER OF
SHARES ---------------------------------
BENEFICIALLY 6. SHARED VOTING POWER 1,500
OWNED
BY EACH ---------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER 364,432
PERSON
WITH -----------------------------------
8. SHARED DISPOSITIVE POWER 1,500
- -----------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 365,9321
- ------------------------------------------------------------
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ X ]
- ------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%
- ------------------------------------------------------------
12. TYPE OF REPORTING PERSON (See Instructions)
IN
- ------------------------------------------------------------
Item 1 (a) Name of Issuer:
-------------------
Harold's Stores, Inc.
Item 1 (b) Address of Issuer's Principal Executive
Offices:
--------------------------------------------------
765 Asp
Norman, Oklahoma 73069
Item 2 (a) Name of Person Filing:
----------------------------
Michael T. Casey
Item 2 (b) Address of Principal Business Office or, if
non, Residence:
---------------------------------------------
765 Asp
Norman, Oklahoma 73069
Item 2 (c) Citizenship:
--------------
United States
Item 2 (d) Title of Class of Securities:
---------------------------------
Common Stock, par value $.01
Item 2 (e) CUSIP Number:
--------------------
413353103
Item 3 If this statement is filed pursuant to
240.13d-1(b) or 240.13d-2(b) or (c), check
whether the person filing is a:
--------------------------------
Not Applicable
Item 4 Ownership:
---------------------------------------------
(a) Amount Beneficially Owned:
-----------------------------------
365,932 shares
Included in this amount are 1,500 shares of
Common Stock held jointly by Mr. Casey and Mr.
Casey's wife. Also included in this amount are
42,000 shares of Common Stock which are held by
the H. Rainey & Mary U. Powell Family 1997
Irrevocable Trust, as to which Mr. Casey is
Trustee. Mr. Casey disclaims beneficial ownership
of shares held by the Trust. Not included are
657,392 shares of Common Stock held by Mr. Casey's
wife, Rebecca Powell Casey, and 105,123 shares of
Common Stock held by Ms. Casey as custodian for
their minor children, over which Mr. Casey
disclaims beneficial ownership.
(b) Percent of Class:
--------------------
6.0%
(c) Deemed Voting Power and Disposition Power:
--------------------------------------------------
(i) sole power to vote or to direct the vote 364,432
(ii) shared power to vote or to direct the vote 1,500
(iii) sole power to dispose or to direct the
disposition of 364,432
(iv) shared power to dispose or to direct the
disposition of 1,500
Item 5 Ownership of Five Percent or Less of a Class:
--------------------------------------------------
Not Applicable
Item 6 Ownership of More than Five Percent on Behalf
of Another Person:
--------------------------------------------------
The H. Rainey Powell & Mary U. Powell Family 1997
Irrevocable Trust, as to which the reporting
person is Trustee, receives dividends or proceeds
from 42,000 shares of Common Stock indicated as
beneficially owned by the reporting person in his
capacity as Trustee.
Item 7 Identification and Classification of the
Subsidiary which Acquired the Security Being
Reported on by the Parent Holding Company:
--------------------------------------------------
Not Applicable
Item 8 Identification and Classification of Members
of the Group:
--------------------------------------------------
Not Applicable
Item 9 Notice of Dissolution of Group:
--------------------------------------
Not Applicable
Item 10 Certifications:
----------------
Not Applicable
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, compete and correct.
Date: February 16, 1999.
Signature: /s/ Michael T. Casey
Michael T. Casey
_______________________________
1 Included in this amount are 1,500 shares
of Common Stock held jointly by Mr. Casey and Mr.
Casey's wife. Also included in this amount are
42,000 shares which are held by The H. Rainey &
Mary U. Powell Family 1997 Irrevocable Trust, as
to which Mr. Casey is Trustee. Mr. Casey
disclaims beneficial ownership of shares held by
the Trust. Not included are 657,392 shares of
Common Stock held by Mr. Casey's wife, Rebecca
Powell Casey, and 105,123 shares of Commom Stock
held by Ms. Casey as custodian for their minor
children, over which Mr. Casey disclaims
beneficial ownership.