AMERICAN CENTURY MUTUAL FUNDS INC
485APOS, EX-99.J2, 2000-12-01
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                               POWER OF ATTORNEY

         KNOW ALL MEN BY THESE PRESENTS, that the undersigned, American Century
Mutual Funds, Inc., hereinafter called the "Corporation", and certain directors
and officers of the Corporation, do hereby constitute and appoint William M.
Lyons, David C. Tucker, Charles A. Etherington, David H. Reinmiller, and Charles
C.S. Park, Janet A. Nash, Brian L. Brogan and Otis H. Cowan, and each of them
individually, their true and lawful attorneys and agents to take any and all
action and execute any and all instruments which said attorneys and agents may
deem necessary or advisable to enable the Corporation to comply with the
Securities Act of 1933 and/or the Investment Company Act of 1940, as amended,
and any rules, regulations, orders, or other requirements of the United States
Securities and Exchange Commission thereunder, in connection with the
registration under the Securities Act of 1933 and/or the Investment Company Act
of 1940, as amended, including specifically, but without limitation of the
foregoing, power and authority to sign the name of the Corporation in its behalf
and to affix its corporate seal, and to sign the names of each of such directors
and officers in their capacities as indicated, to any amendment or supplement to
the Registration Statement filed with the Securities and Exchange Commission
under the Securities Act of 1933 and/or the Investment Company Act of 1940, as
amended, and to any instruments or documents filed or to be filed as a part of
or in connection with such Registration Statement; and each of the undersigned
hereby ratifies and confirms all that said attorneys and agents shall do or
cause to be done by virtue hereof.

         IN WITNESS WHEREOF, the Corporation has caused this Power to be
executed by its duly authorized officers on this the 18th day of November, 2000.
AMERICAN CENTURY MUTUAL FUNDS, INC.

                                              By:/*/William M. Lyons
                                                 William M. Lyons, President and
                                                 Principal Executive Officer


                               SIGNATURE AND TITLE

/*/William M. Lyons                                /*/Robert W. Doering, M.D.
William M. Lyons                                   Robert W. Doering, M.D.
President and                                      Director
Principal Executive Officer

/*/Robert T. Jackson                               /*/Andrea C. Hall, Ph.D.
Robert T. Jackson                                  Andrea C. Hall, Ph.D.
Executive Vice President and                       Director
Principal Financial Officer

/*/Maryanne Roepke                                 /*/D.D. ("Del") Hock
Maryanne Roepke                                    D.D. ("Del") Hock
Senior Vice President, Treasurer and               Director
Principal Accounting Officer

/*/James E. Stowers, Jr.                           /*/Donald H. Pratt
James E. Stowers, Jr.                              Donald H. Pratt
Director                                           Director


/*/James E. Stowers III                            /*/Gale E. Sayers
James E. Stowers III                               Gale E. Sayers
Director                                           Director


/*/Thomas A. Brown                                 /*/M. Jeannine Strandjord
Thomas A. Brown                                    M. Jeannine Strandjord
Director                                           Director

Attest:

By:/*/Paul Carrigan Jr., Secretary
   Paul Carrigan Jr., Secretary


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