EXHIBIT 24(c)
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POWER OF ATTORNEY
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KNOW ALL PEOPLE BY THESE PRESENTS that the undersigned, MAUI ELECTRIC
COMPANY, LIMITED, a Hawaii corporation, and the officers and directors of said
corporation whose names are signed hereto, hereby constitute and appoint T.
MICHAEL MAY, PAUL A. OYER, MARVIN A. HAWTHORNE, DAVID J. REBER and GREGORY R.
KIM of Honolulu, Hawaii, and each of them, with full power of substitution in
the premises (with full power to each of them to act alone), their true and
lawful attorneys and agents, and in its and their name, place and stead, to do
any and all acts and things and to execute and deliver any and all instruments
and documents which said attorneys and agents or any of them may deem necessary
or advisable to be done to enable Maui Electric Company, Limited ("MECO") to
comply with the Securities Act of 1933, as amended (the "Securities Act"), and
any rules, regulations or requirements of the Securities and Exchange Commission
in respect thereof and/or to comply with the requirements of any other state
regulatory authority, all in connection with the registration under said Act on
Form S-3, of up to 2,000,000 of Quarterly Income Preferred Securities with a
liquidation preference of $25 per Preferred Security, to be issued by HECO
Capital Trust I for the benefit of and as guaranteed by MECO's parent company,
Hawaiian Electric Company, Inc. ("HECO"), and the related HECO Guarantees and
underlying debt securities of
HECO, MECO and Hawaii Electric Light Company, Inc., including specifically but
without limiting the generality of the foregoing, power and authority to sign
the name of Maui Electric Company, Limited, and the names of the undersigned
officers and directors thereof, in the capacities indicated below, to Amendment
No. 2 to the registration statement filed with the Securities and Exchange
Commission in respect of the aforementioned securities (Registration Nos. 333-
20757 and 333-20757-01), to any and all further amendments (including pre- and
post-effective amendments) and supplements to said registration statement and to
any instruments or documents filed as a part of or in connection with said
registration statement or amendments or supplements thereto, and each of the
undersigned hereby ratifies and confirms all of the aforesaid that said
attorneys and agents or any of them shall do or cause to be done by virtue
hereof.
IN WITNESS WHEREOF, Maui Electric Company, Limited has caused this
Power of Attorney to be executed in its name by its President and its Financial
Vice President and Treasurer and attested by its Secretary, and the undersigned
officers and directors of Maui Electric Company, Limited have hereunto set their
hands, as of the 19th day of March, 1997. This Power of Attorney may be
executed in any number of counterparts by
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the corporation and by any one or more of the officers and directors named
below.
ATTEST: MAUI ELECTRIC COMPANY, LIMITED
/s/ Molly M. Egged /s/ William A. Bonnet
_____________________________ By ____________________________
Molly M. Egged William A. Bonnet
Secretary President
/s/ Paul A. Oyer
By ____________________________
Paul A. Oyer
Financial Vice President and
Treasurer
/s/ William A. Bonnet
_____________________________ President, Principal Executive
William A. Bonnet Officer and Director
/s/ Paul A. Oyer
_____________________________ Financial Vice President,
Paul A. Oyer Treasurer
and Principal Financial and
Accounting Officer
/s/ T. Michael May
_____________________________ Chairman of the Board of Directors
T. Michael May
/s/ Gladys C. Baisa
_____________________________ Director
Gladys C. Baisa
/s/ Sanford J. Langa
_____________________________ Director
Sanford J. Langa
_____________________________ Director
B. Martin Luna
/s/ Anne M. Takabuki
_____________________________ Director
Anne M. Takabuki
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