EXHIBIT 24(A)
POWER OF ATTORNEY
KNOW ALL PEOPLE BY THESE PRESENTS that the undersigned, HAWAIIAN ELECTRIC
COMPANY, INC., a Hawaii corporation ("HECO"), 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, LORIE ANN NAGATA, 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 HECO to comply with the
Securities Act of 1933, as amended (the "Securities Act") and with the
Securities Exchange Act of 1934, as amended (the "Exchange 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 Trust Preferred Securities with a liquidation preference
of $25 per Preferred Security, to be issued by HECO Capital Trust II for the
benefit of the Company and its subsidiaries, Hawaiian Electric Light Company,
Inc. ("HELCO") and Maui Company, Limited ("MECO"), and the related HECO
Guarantees and underlying debt securities of HECO, MECO and HELCO, including
specifically but without limiting the generality of the foregoing, power and
authority to sign the name of Hawaiian Electric Company, Inc., and the names of
the undersigned officers and directors thereof, in the capacities indicated
below, to a registration statement to be filed with the Securities and Exchange
Commission in respect of the aforementioned securities, to any and all
amendments (including pre- and post-effective amendments) and 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, Hawaiian Electric Company, Inc. 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 Hawaiian Electric Company, Inc. have hereunto set
their hands, as of the 23rd day of September, 1998. This Power of Attorney may
be executed in any number of counterparts by the corporation and by any one or
more of the officers and directors named below.
ATTEST: HAWAIIAN ELECTRIC COMPANY, INC.
/s/ Molly M. Egged /s/ T. Michael May
_____________________________________ By___________________________________
Molly M. Egged T. Michael May
Secretary President and Chief Executive
Officer
/s/ Paul A. Oyer
By __________________________________
Paul A. Oyer
Financial Vice President and
Treasurer
/s/ T. Michael May President, Principal Executive Officer
- ------------------------------------- and Director
T. MICHAEL MAY
/s/ Paul A. Oyer Financial Vice President, Treasurer,
- ------------------------------------- Principal Financial Officer and
PAUL A. OYER Director
/s/ Ernest T. Shiraki Controller and Principal Accounting
- ------------------------------------- Officer
ERNEST T. SHIRAKI
/s/ Robert F. Clarke Chairman of the Board of Directors
- -------------------------------------
ROBERT F. CLARKE
/s/ Richard Henderson Director
- -------------------------------------
RICHARD HENDERSON
/s/ Diane J. Plotts Director
- -------------------------------------
DIANE J. PLOTTS
/s/ Anne M. Takabuki Director
- -------------------------------------
ANNE M. TAKABUKI
/s/ Paul C. Yuen Director
- -------------------------------------
PAUL C. YUEN
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