EX-23.(I) 2 file002.htm OPINION AND CONSENT OF COUNSEL, SEYFARTH SHAW LLP




EXHIBIT  23(I)

                        [LETTERHEAD OF SEYFARTH SHAW LLP]

December 21, 2004


Davis New York Venture Fund, Inc.
2949 East Elvira Road, Suite 101
Tucson, Arizona  85706

Ladies and Gentlemen:

We have acted as counsel for Davis New York Venture Fund, Inc. (the "Fund") in
connection with the registration under the Securities Act of 1933 (the "Act") of
an indefinite number of shares of beneficial interest in the series of the Fund
designated as Davis New York Venture Fund and Davis Research Fund (collectively
the "Shares") in registration statement No. 2-29858 on Form N-1A (the
"Registration Statement").

In this connection we have examined originals, or copies certified or otherwise
identified to our satisfaction, of such documents, corporate and other records,
certificates and other papers as we deemed it necessary to examine for the
purpose of this opinion, including the Articles of Incorporation and Bylaws of
the Fund, actions of the Board of Directors authorizing the issuance of Shares
and the Registration Statement.

Based on the foregoing examination, we are of the opinion that upon the issuance
and delivery of the Shares in accordance with the Articles of Incorporation and
the actions of the Board of Directors authorizing the issuance of the Shares,
and the receipt by the Fund of the authorized consideration therefor, the Shares
so issued will be validly issued, fully paid and nonassessable.

We consent to the filing of this opinion as an exhibit to the Registration
Statement. In giving this consent, we do not admit that we are in the category
of persons whose consent is required under section 7 of the Act.

                                                     Very truly yours,

                                                     Seyfarth Shaw LLP


                                                      By /s/ Arthur Don
                                                         -----------------
                                                         Arthur Don, Partner