LEATHER FACTORY INC
SC 13G, 2000-02-14
LEATHER & LEATHER PRODUCTS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549



                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934
                               (Amendment No. 6) 1

                            The Leather Factory, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                         Common Stock, $.0024, Par Value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    522126101
- --------------------------------------------------------------------------------
                                 (CUSIP Number)










- --------------------------
1 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>

CUSIP No.   522126101             13G                     Page  2   of  5  Pages
- --------------------------------------------------------------------------------
    1.       NAMES OF REPORTING PERSONS
             I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

             The Leather Factory, Inc. Employees' Stock Ownership Plan and Trust

- --------------------------------------------------------------------------------
    2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                 (a) [ ]

                                                                 (b) [ ]

             Not applicable
- --------------------------------------------------------------------------------
    3.       SEC USE ONLY


- --------------------------------------------------------------------------------
    4.       CITIZENSHIP OR PLACE OF ORGANIZATION


             Texas, USA
- --------------------------------------------------------------------------------
       NUMBER OF          5.   SOLE  VOTING POWER

        SHARES                 598,132

                         -------------------------------------------------------
     BENEFICIALLY         6.   SHARED VOTING POWER

       OWNED BY                None

                         -------------------------------------------------------
         EACH             7.   SOLE DISPOSITIVE POWER

       REPORTING               598,132
                         -------------------------------------------------------
      PERSON WITH         8.   SHARED DISPOSITIVE POWER

                               None
- --------------------------------------------------------------------------------
    9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             598,132
- --------------------------------------------------------------------------------
    10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
             CERTAIN SHARES*

             Not applicable
- --------------------------------------------------------------------------------
    11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

             6.07
- --------------------------------------------------------------------------------
    12.      TYPE OF REPORTING PERSON*

             EP
- --------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>

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:
                  -----------------------------------------------------------
                  Arlington National Bank
                  5500 W. Arkansas
                  Arlington, Texas  76016

         (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:

                  598,132 shares of Common Stock

                               Page 3 of 5 Pages
                               -----------------

<PAGE>


         (b)      Percent of Class:

                  6.07

         (c)      Number of Shares as to which such person has:

                  (i)   Sole power to vote or to direct the vote:
                        598,132

                  (ii)  Shared power to vote or to direct the vote:
                        -0-

                  (iii) Sole power to dispose or to direct the disposition of:
                        598,132

                  (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.



                               Page 4 of 5 Pages
                               -----------------

<PAGE>


                                    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 10, 2000
                               The Leather Factory, Inc. Employees' Stock
                               Ownership Plan and Trust

                               By: Arlington National Bank


                               /s/ Robert D. Roten
                                   -----------------------------------------
                                   Robert D. Roten, Executive Vice President






                               Page 5 of 5 Pages
                               -----------------




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