POWER OF ATTORNEY

The undersigned officers and trustees of FRANKLIN CUSTODIAN FUNDS, a Delaware
statutory trust  (the "Registrant"), hereby appoint BRUCE G. LETO, KAREN L.
SKIDMORE, CRAIG S. TYLE, DAVID P. GOSS and STEVEN J. GRAY (with full power to
each of them to act alone) his/her attorney-in-fact and agent, in all
capacities, to execute, deliver and file in the names of the undersigned, any
and all instruments that said attorneys and agents may deem necessary or
advisable to enable the Registrant to comply with or register any security
issued by the Registrant under the Securities Act of 1933, as amended, and/or
the Investment Company Act of 1940, as amended, and the rules, regulations
and interpretations thereunder, with respect to the Registrant's
Registration Statement on Form N-14 with respect to the proposed
reorganization of Franklin Capital Growth Fund with and into Franklin Growth
Fund, including any and all pre- and post-effective amendments thereto, any
other document to be filed with the U.S. Securities and Exchange Commission
and any and all documents required to be filed with respect thereto with any
other regulatory authority.  Each of the undersigned grants to each of said
attorneys, full authority to do every act necessary to be done in order to
effectuate the same as fully, to all intents and purposes, as he/she could do
if personally present, thereby ratifying all that said attorneys-in-fact and
agents may lawfully do or cause to be done by virtue hereof.

    This Power of Attorney may be executed in one or more counterparts, each
of which shall be deemed to be an original and all of which shall be deemed
to be a single document.


    The undersigned officers and trustees hereby execute this Power of Attorney
as of the 1st day of December, 2008.



/s/ CHARLES B. JOHNSON                    /s/ HARRIS J. ASHTON
Charles B. Johnson.,                      Harris J. Ashton,
Trustee and Chief Executive               Trustee
Officer-Investment Management


/s/ ROBERT F. CARLSON                     /s/ SAM GINN
Robert F. Carlson,                        Sam Ginn,
Trustee                                   Trustee


/s/ EDITH E. HOLIDAY                      /s/ RUPERT H. JOHNSON, JR.
Edith E. Holiday,                         Rupert H. Johnson, Jr.
Trustee                                   Trustee


/s/ FRANK W.T. LAHAYE                     /s/ FRANK A. OLSON
Frank W.T. LaHaye,                        Frank A. Olson,
Trustee                                   rustee


/s/ LARRY D. THOMPSON                     /s/ JOHN B. WILSON
Larry D. Thompson,                        John B. Wilson,
Trustee                                   Trustee


/s/ LAURA F. FERGERSON
Laura F. Fergerson,
Chief Financial Officer and Chief
Accounting Officer