EXHIBIT 24

                             POWER OF ATTORNEY





     KNOW ALL MEN BY THESE PRESENT, that I, Richard H. Dent, a
Director of St. Joe Paper Company, a Florida corporation
("Corporation"), which is about to file with the Securities and
Exchange Commission, Washington, D. C.  20549, under the provisions
of the Securities Exchange Act of 1934, as amended, an Annual
Report on Form 10-K for the fiscal year ended December 31, 1994,
hereby constitutes and appoints Winfred L. Thornton and Edward C. 
Brownlie, as his true and lawful attorneys-in-fact and agent, and
each of them with full power to act, without the other in his
stead, in any and all capacities, to sign the 1994 Annual Report of
St. Joe Paper Company on Form 10-K and to file on behalf of the
Corporation such Annual Report and amendments with all exhibits
thereto, and any and all other information and documents in
connection therewith, with the Securities and Exchange Commission,
hereby granting unto said attorneys-in-fact and agent, and each of
them, full power and authority to do and perform any and all acts
and things requisite and ratifying and confirming all that each
said attorneys-in-fact and agent or any one of them, may lawfully
do or cause to be done by virtue hereof.

     IN WITNESS WHEREOF, I have hereunto set my hand on the date
indicated below.






                                                              
                                       Richard H. Dent
                                           Director


DATED:  March 23, 1995






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