RSI HOLDINGS INC
SC 13D/A, 2000-10-18
MORTGAGE BANKERS & LOAN CORRESPONDENTS
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                                  SCHEDULE 13D

                                 (RULE 13D-101)

  Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and
               Amendments Thereto Filed Pursuant to Rule 13d-2(a)

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 5)*


                               RSI Holdings, Inc.
                               ------------------
                                (Name of Issuer)


                                  Common Stock
                                  ------------
                         (Title of Class of Securities)



                                   749723 10 2
                                   -----------
                                 (CUSIP Number)


   Minor H. Mickel, Post Office Box 6721, Greenville, SC 29606 (864) 271-7171
   --------------------------------------------------------------------------
 (Name, Address and Telephone Number of Person Authorized to Receive Notices and
                                 Communications)



                                 August 31, 2000
                                 ---------------
             (Date of Event which Requires Filing of this Statement)


If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  that is the subject of this  Schedule  13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
______.

Note:  Schedules  filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.

*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
disclosures provided in a prior cover page.

The information required on 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).






<PAGE>


                                  SCHEDULE 13D

CUSIP NO.     749723 10 2                               PAGE  2   OF   5   PAGES

--------- ----------------------------------------------------------------------


          NAME OF REPORTING PERSON
          I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)


1         Minor H. Mickel
--------- ----------------------------------------------------------------------


          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*       (a) ______
2         (See Instructions)                                      (b) ______
--------- ----------------------------------------------------------------------


3         SEC USE ONLY
--------- ----------------------------------------------------------------------

          SOURCE OF FUNDS*

4         OO      See response to Item 3
--------- ----------------------------------------------------------------------


5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS  IS  REQUIRED PURSUANT TO
          ITEMS 2(d) OR 2(e)                                          ______
--------- ----------------------------------------------------------------------

          CITIZENSHIP OR PLACE OF ORGANIZATION

6         US
--------- ----------------------------------------------------------------------

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING                            SOLE VOTING POWER
PERSON
WITH                         7       6,032,493
---------------------------- ------- -------------------------------------------

                                     SHARED VOTING POWER

                             8       0
---------------------------- ------- -------------------------------------------

                                     SOLE DISPOSITIVE POWER

                             9       6,032,493
---------------------------- ------- -------------------------------------------

                                     SHARED DISPOSITIVE POWER

                             10      0
--------- ----------------------------------------------------------------------

          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11        6,032,493
--------- ----------------------------------------------------------------------

          CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12        (See Instructions)                                           ________
--------- ----------------------------------------------------------------------

          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

13        44.7%
--------- ----------------------------------------------------------------------

          TYPE OF REPORTING PERSON*

14        IN
--------- ----------------------------------------------------------------------

<PAGE>



ITEM 1.  SECURITY AND ISSUER
----------------------------

         a.       Title and class of equity securities:
                  -------------------------------------

                           Common Stock

         b.       Name and address of principal executive offices of Issuer:
                  ----------------------------------------------------------

                           RSI Holdings, Inc.
                           28 East Court Street
                           Greenville, SC 29601

ITEM 2.  IDENTITY AND BACKGROUND
--------------------------------

          a.   Name of filing person:

                           Minor H. Mickel

          b.   Residence Address:

                           415 Crescent Avenue
                           Greenville, SC 29605

          c.   Principal occupation:

                           Private Investor

          d.   During the last five years, Mrs. Mickel has not been convicted in
               a criminal  proceeding  (excluding  traffic violations or similar
               misdemeanors).

          e.   During the last five years, Mrs. Mickel has not been a party to a
               civil  proceeding  of  a  judicial  or  administrative   body  of
               competent  jurisdiction  resulting  in a  final  judgment,  final
               decree  or  final  order  enjoining  future   violations  of,  or
               prohibiting or mandating  activities subject to, federal or state
               securities  laws or finding any  violation  with  respect to such
               laws.

          f.   Citizenship:

                           United States of America

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
----------------------------------------------------------

     5,333,333 of the shares of Common Stock beneficially owned by the Reporting
Person was issued to her  pursuant  to the  conversion  on August 31, 2000 of an
8.0% Convertible Note Due 2005 (the "Note") in the original  principal amount of
$400,000  at a  conversion  price of $.075 per share.  224,000  shares of Common
Stock  beneficially  owned by the Reporting  Person were issued to her on August
31, 2000 at the time of the conversion of the Note  representing  due but unpaid
interest  in the amount of $16,800  paid in shares of Common  Stock at a rate of
$.075 per share.

ITEM 4.  PURPOSE OF TRANSACTION
-------------------------------

     At this time, Mrs. Mickel holds her Shares primarily for investment and has
no plan or proposal which would result in:

     a. The acquisition by any person of additional securities of the Issuer, or
the disposition of securities of the Issuer;
     b. An extraordinary corporate transaction, such as a merger, reorganization
or liquidation, involving the Issuer or any of its subsidiaries;
     c. A sale or transfer  of a material  amount of assets of the Issuer or any
of its subsidiaries;

<PAGE>

     d. Any  change in the  present  board of  directors  or  management  of the
Issuer,  including  any  plans or  proposals  to  change  the  number or term of
directors or to fill any existing vacancies on the board;
     e. Any material change in the present  capitalization or dividend policy of
the Issuer;
     f.  Any  other  material  change  in the  Issuer's  business  or  corporate
structure;
     g. Changes in the Issuer's  charter,  bylaws or  instruments  corresponding
thereto or other  actions  which may impede  the  acquisition  of control of the
Issuer by any person;
     h.  Causing  a class of  securities  of the  Issuer to be  delisted  from a
national  securities  exchange or to cease to be  authorized  to be quoted in an
inter-dealer quotation system of a registered national securities association;
     i. A class  of  equity  securities  of the  Issuer  becoming  eligible  for
termination of registration pursuant to Section 12(g)(4) of the Act; or
     j. Any action similar to any of these enumerated above.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER
---------------------------------------------

         a.       Aggregate number and percentage of class of securities
                  ------------------------------------------------------
                  beneficially owned by the filing person:
                  ----------------------------------------

                  Number of Shares                            Percentage

                      6,032,493                                  44.7%


         b.       Number of Shares as to which there is:
                  --------------------------------------

                  (i)      Sole power to vote or to direct the vote:
                           -----------------------------------------

                           6,032,493

                  (ii)     Shared power to vote or to direct the vote:
                           -------------------------------------------

                           0

                  (iii)    Sole power to dispose or direct the disposition:
                           ------------------------------------------------

                           6,032,493

                  (iv)     Shared power to dispose or direct the disposition:
                           --------------------------------------------------

                           0

                  (v)      Parties with whom stock powers are shared:
                           ------------------------------------------

                           None


         e.       Statement regarding the date on which the reporting person
                  ----------------------------------------------------------
ceased to be the beneficial owner of more than five percent of the class of
---------------------------------------------------------------------------
securities:
-----------

                  Not applicable.

ITEM 6.
-------

         Contracts, Arrangements, Understandings, or Relationships with Respect
         ----------------------------------------------------------------------
to Securities of Issuer:
------------------------

          None
<PAGE>

ITEM 7.
-------

         Material to be Filed as Exhibits:
         ---------------------------------

         None


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:  October 17, 2000


                                            /s/ Minor H. Mickel
                                            ---------------------------------
                                            Minor H. Mickel



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