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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
THE LEATHER FACTORY, INC.
(Name of Issuer)
Common Stock, $0.0024 par value
(Title of Class of Securities)
522126101
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities in Item 1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent or less of such class.) (See Rule
13d-7).
* 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).
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CUSIP NO. 522126101 13G PAGE 2 OF 5
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(1) NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The Leather Factory, Inc. Employees' Stock
Ownership Plan and Trust
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Texas, USA
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NUMBER OF (5) SOLE VOTING POWER
692,606
SHARES -------------------------------------------------
(6) SHARED VOTING POWER
BENEFICIALLY None
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OWNED BY (7) SOLE DISPOSITIVE POWER
692,606
EACH -------------------------------------------------
(8) SHARED DISPOSITIVE POWER
REPORTING None
PERSON WITH:
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
692,606
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(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
N/A
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.03
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(12) TYPE OF REPORTING PERSON (See Instructions)
EP
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CUSIP NO. 522126101 13G PAGE 3 OF 5
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Item 1. (a) NAME OF ISSUER:
The Leather Factory, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
3847 East Loop 820 South
Fort Worth, Texas 76119
Item 2. (a) NAME OF PERSON FILING:
The Leather Factory, Inc. Employees' Stock Ownership Plan
and Trust
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Bank of Commerce, Trustee
P.O. Box 17089
Fort Worth, Texas 76102
(c) CITIZENSHIP:
Not Applicable
(d) TITLE OF CLASS OF SECURITIES:
Common Stock, $0.0024 par value
(e) CUSIP NUMBER:
522126101
Item 3. TYPE OF REPORTING PERSON:
Employee Benefit Plan
Item 4. OWNERSHIP:
(a) AMOUNT BENEFICIALLY OWNED:
692,606 shares of Common Stock
(b) PERCENT OF CLASS:
7.03
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CUSIP NO. 522126101 13G PAGE 4 OF 5
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(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or to direct the vote:
692,606
(ii) Shared power to vote or direct the vote:
-0-
(iii) Sole power to dispose or to direct the disposition of:
692,606
(iv) Shared power to dispose or to direct the disposition of:
-0-
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:
Not Applicable
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. CERTIFICATION:
Not Applicable
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CUSIP NO. 522126101 13G PAGE 5 OF 5
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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 11, 1999
THE LEATHER FACTORY, INC. EMPLOYEES' STOCK
OWNERSHIP PLAN AND TRUST
By: Bank of Commerce, Trustee
By: /s/ROBERT D. ROTEN
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Robert D. Roten, Executive Vice President