POWER OF ATTORNEY
The undersigned hereby constitutes and appoints Hendrik J. Laverge, Robert Van
Grover, John F. Splain, and Robert Dorsey, and each of them, with full power to
act without the other, his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution for him, and in his name, place or
stead, in any and in all capacities (until revoked in writing) to sign any and
all amendments to the Registration Statement of the Valenzuela Capital Trust
(including post-effective amendments and supplements thereto), and to file the
same with all exhibits thereto, and other documents in connection therewith,
with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do
and perform each and every other act and thing ratifying and confirming all that
said attorney-in-fact and agents or any of them, or their or his or her
substitute or substitutes may lawfully do or cause to be done by virtue hereof.
February 14, 2000
/s/ Dennis J. Bertrum
---------------------
Dennis J. Bertrum
<PAGE>
POWER OF ATTORNEY
The undersigned hereby constitutes and appoints Hendrik J. Laverge, Robert Van
Grover, John F. Splain, and Robert Dorsey, and each of them, with full power to
act without the other, his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution for him, and in his name, place or
stead, in any and in all capacities (until revoked in writing) to sign any and
all amendments to the Registration Statement of the Valenzuela Capital Trust
(including post-effective amendments and supplements thereto), and to file the
same with all exhibits thereto, and other documents in connection therewith,
with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do
and perform each and every other act and thing ratifying and confirming all that
said attorney-in-fact and agents or any of them, or their or his or her
substitute or substitutes may lawfully do or cause to be done by virtue hereof.
February 14, 2000
/s/ Jonathan H. Kagan
---------------------
Jonathan H. Kagan
<PAGE>
POWER OF ATTORNEY
The undersigned hereby constitutes and appoints Hendrik J. Laverge, Robert Van
Grover, John F. Splain, and Robert Dorsey, and each of them, with full power to
act without the other, his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution for him, and in his name, place or
stead, in any and in all capacities (until revoked in writing) to sign any and
all amendments to the Registration Statement of the Valenzuela Capital Trust
(including post-effective amendments and supplements thereto), and to file the
same with all exhibits thereto, and other documents in connection therewith,
with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do
and perform each and every other act and thing ratifying and confirming all that
said attorney-in-fact and agents or any of them, or their or his or her
substitute or substitutes may lawfully do or cause to be done by virtue hereof.
February 14, 2000
/s/ Clinton J. Kendrick
---------------------
Clinton J. Kendrick
<PAGE>
POWER OF ATTORNEY
The undersigned hereby constitutes and appoints Hendrik J. Laverge, Robert Van
Grover, John F. Splain, and Robert Dorsey, and each of them, with full power to
act without the other, his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution for him, and in his name, place or
stead, in any and in all capacities (until revoked in writing) to sign any and
all amendments to the Registration Statement of the Valenzuela Capital Trust
(including post-effective amendments and supplements thereto), and to file the
same with all exhibits thereto, and other documents in connection therewith,
with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do
and perform each and every other act and thing ratifying and confirming all that
said attorney-in-fact and agents or any of them, or their or his or her
substitute or substitutes may lawfully do or cause to be done by virtue hereof.
February 14, 2000
/s/ Stephen D. Gresham
---------------------
Stephen D. Gresham
<PAGE>
POWER OF ATTORNEY
The undersigned hereby constitutes and appoints Hendrik J. Laverge, Robert Van
Grover, John F. Splain, and Robert Dorsey, and each of them, with full power to
act without the other, his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution for him, and in his name, place or
stead, in any and in all capacities (until revoked in writing) to sign any and
all amendments to the Registration Statement of the Valenzuela Capital Trust
(including post-effective amendments and supplements thereto), and to file the
same with all exhibits thereto, and other documents in connection therewith,
with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do
and perform each and every other act and thing ratifying and confirming all that
said attorney-in-fact and agents or any of them, or their or his or her
substitute or substitutes may lawfully do or cause to be done by virtue hereof.
February 14, 2000
/s/ Steven C. Rockefeller
---------------------
Steven C. Rockefeller
<PAGE>
POWER OF ATTORNEY
The undersigned hereby constitutes and appoints Hendrik J. Laverge, Robert Van
Grover, John F. Splain, and Robert Dorsey, and each of them, with full power to
act without the other, his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution for him, and in his name, place or
stead, in any and in all capacities (until revoked in writing) to sign any and
all amendments to the Registration Statement of the Valenzuela Capital Trust
(including post-effective amendments and supplements thereto), and to file the
same with all exhibits thereto, and other documents in connection therewith,
with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to do
and perform each and every other act and thing ratifying and confirming all that
said attorney-in-fact and agents or any of them, or their or his or her
substitute or substitutes may lawfully do or cause to be done by virtue hereof.
February 14, 2000
/s/ Hendrik J. Laverge
---------------------
Hendrik J. Laverge
