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DAVIS NEW YORK VENTURE FUND, INC
DAVIS SERIES, INC.
DAVIS TAX-FREE HIGH INCOME FUND, INC.
DAVIS INTERMEDIATE INVESTMENT GRADE BOND FUND, INC.
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and
appoints Sheldon R. Stein and Arthur Don, and each of them, as the undersigned's
attorneys-in-fact, each with the power of substitution, for him or her in any
and all capacities, to sign any post-effective amendments to the registration
statement under:
Registrant's Name Securities Act of 1933 Investment Company
Registration No. Act of 1940
Registration No:
(1) Davis New York Venture
Fund, Inc. 2-29858 811-1701
(2) Davis Series, Inc. 2-57209 811-2679
(3) Davis Tax-Free High
Income Fund, Inc. 2-74216 811-3270
(4) Davis Intermediate Investment
Grade Bond Fund 2-266935 811-3007
whether on Form N-1A or any successor forms thereof, and to file the same, with
exhibits thereto and other documents in connection therewith, with the
Securities and Exchange Commission and all other applicable state or federal
regulatory authorities. Each of the undersigned hereby ratifies and confirms all
that each of the aforenamed attorneys-in-fact, or his substitute or substitutes,
may do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, the undersigned have executed this Power of Attorney as
of the date listed below.
/s/ Marsha Williams Date: April 13, 1999
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Marsha Williams
