Exhibit 24.2
POWER OF ATTORNEY
BE IT KNOWN: That the undersigned, in his capacity or
capacities as an officer and/or a member of the Board of
Directors of FM Properties Inc., a Delaware corporation (the
"Company"), does hereby make, constitute and appoint WILLIAM H.
ARMSTRONG, III, his true and lawful attorney-in-fact and with
full power of substitution, to execute, deliver and file, for and
on behalf of him, in his name and in his capacity or capacities
as aforesaid, an Annual Report of the Company on Form 10-K for
the year ended December 31, 1997, and any amendment or amendments
thereto and any other document in support thereof or supplemental
thereto, and the undersigned hereby grants to said attorney,full
power and authority to do and perform each and every act and
thing whatsoever that said attorney may deem necessary or
advisable to carry out fully the intent of the foregoing as the
undersigned might or could do personally or in the capacity or
capacities as aforesaid, hereby ratifying and confirming all acts
and things which said attorney may do or cause to be done by
virtue of this Power of Attorney.
EXECUTED this 12th day of February, 1998.
/s/ Richard C. Adkerson
-----------------------
Richard C. Adkerson
POWER OF ATTORNEY
BE IT KNOWN: That the undersigned, in his capacity or
capacities as an officer and/or a member of the Board of
Directors of FM Properties Inc., a Delaware corporation (the
"Company"), does hereby make, constitute and appoint WILLIAM H.
ARMSTRONG, III and RICHARD C. ADKERSON, and each of them acting
individually, his true and lawful attorney-in-fact with power to
act without the others and with full power of substitution, to
execute, deliver and file, for and on behalf of him, in his name
and in his capacity or capacities as aforesaid, an Annual Report
of the Company on Form 10-K for the year ended December 31, 1997,
and any amendment or amendments thereto and any other document in
support thereof or supplemental thereto, and the undersigned
hereby grants to said attorneys, and each of them, full power and
authority to do and perform each and every act and thing
whatsoever that said attorney or attorneys may deem necessary or
advisable to carry out fully the intent of the foregoing as the
undersigned might or could do personally or in the capacity or
capacities as aforesaid, hereby ratifying and confirming all acts
and things which said attorney or attorneys may do or cause to be
done by virtue of this Power of Attorney.
EXECUTED this 12th day of February, 1998.
/s/ James C. Leslie
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James C. Leslie
POWER OF ATTORNEY
BE IT KNOWN: That the undersigned, in his capacity or
capacities as an officer and/or a member of the Board of
Directors of FM Properties Inc., a Delaware corporation (the
"Company"), does hereby make, constitute and appoint, WILLIAM
H. ARMSTRONG, III and RICHARD C. ADKERSON, and each of them
acting individually, his true and lawful attorney-in-fact with
power to act without the others and with full power of
substitution, to execute, deliver and file, for and on behalf of
him, in his name and in his capacity or capacities as aforesaid,
an Annual Report of the Company on Form 10-K for the year ended
December 31, 1997, and any amendment or amendments thereto and
any other document in support thereof or supplemental thereto,
and the undersigned hereby grants to said attorneys, and each of
them, full power and authority to do and perform each and every
act and thing whatsoever that said attorney or attorneys may deem
necessary or advisable to carry out fully the intent of the
foregoing as the undersigned might or could do personally or in
the capacity or capacities as aforesaid, hereby ratifying and
confirming all acts and things which said attorney or attorneys
may do or cause to be done by virtue of this Power of Attorney.
EXECUTED this 12th day of February, 1998.
/s/ Michael D. Madden
---------------------
Michael D. Madden
POWER OF ATTORNEY
BE IT KNOWN: That the undersigned, in his capacity or
capacities as an officer and/or a member of the Board of
Directors of FM Properties Inc., a Delaware corporation
(the "Company"), does hereby make, constitute and appoint,
WILLIAM H. ARMSTRONG, III and RICHARD C. ADKERSON, and each of
them acting individually, his true and lawful attorney-in-fact
with power to act without the others and with full power of
substitution, to execute, deliver and file, for and on behalf of
him, in his name and in his capacity or capacities as aforesaid,
an Annual Report of the Company on Form 10-K for the year ended
December 31, 1997, and any amendment or amendments thereto and
any other document in support thereof or supplemental thereto,
and the undersigned hereby grants to said attorneys, and each of
them, full power and authority to do and perform each and every
act and thing whatsoever that said attorney or attorneys may deem
necessary or advisable to carry out fully the intent of the
foregoing as the undersigned might or could do personally or in
the capacity or capacities as aforesaid, hereby ratifying and
confirming all acts and things which said attorney or attorneys
may do or cause to be done by virtue of this Power of Attorney.
EXECUTED this 12th day of February, 1998.
/s/ C. Donald Whitmire
----------------------
C. Donald Whitmire