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                                                                    EXHIBIT 31.1

                           CERTIFICATION PURSUANT TO
                               SECTION 302 OF THE
                           SARBANES-OXLEY ACT OF 2002

I, Janine Mulhall, certify that:

     1. I have reviewed this quarterly report on Form 10-Q of Harris Preferred
Capital Corporation;

     2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

     3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects the
financial condition, results of operations and cash flows of Harris Preferred
Capital Corporation as of, and for, the periods presented in this report;

     4. Harris Preferred Capital Corporation's other certifying officer and I
are responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15 (e)) for
Harris Preferred Capital Corporation and we have:

          a) designed such disclosure controls and procedures, or caused such
     disclosure controls and procedures to be designed under our supervision, to
     ensure that material information relating to Harris Preferred Capital
     Corporation, including its consolidated subsidiaries, is made known to us
     by others within those entities, particularly during the period in which
     this report is being prepared;

          b) evaluated the effectiveness of Harris Preferred Capital
     Corporation's disclosure controls and procedures and presented in this
     report our conclusions about the effectiveness of the disclosure controls
     and procedures as of the end of the period covered by this report based on
     such evaluation; and

          c) disclosed in this report any change in Harris Preferred Capital
     Corporation's internal control over financial reporting that occurred
     during Harris Preferred Capital Corporation's most recent fiscal quarter
     that has materially affected, or is reasonably likely to materially affect
     Harris Preferred Capital corporation's internal control over financial
     reporting; and

     5. Harris Preferred Capital Corporation's other certifying officer and I
have disclosed, based on our most recent evaluation of internal control over
financial reporting, to Harris Preferred Capital Corporation's auditors and the
audit committee of Harris Preferred Capital Corporation's board of directors (or
persons performing the equivalent functions):

          a) all significant deficiencies and material weaknesses in the design
     or operation of internal controls over financial reporting which are
     reasonably likely to adversely affect Harris Preferred Capital
     Corporation's ability to record, process, summarize and report financial
     information; and

          b) any fraud, whether or not material, that involves management or
     other employees who have a significant role in Harris Preferred Capital
     Corporation's internal controls over financial reporting.

                                          /s/ JANINE MULHALL
                                          --------------------------------------
                                          Janine Mulhall
                                          Chief Financial Officer

Date: August 13, 2004

A signed original of this written statement required by Section 302, or other
documentation authenticating, acknowledging, or otherwise adopting the signature
that appears in typed form within the electronic version of this written
statement required by Section 302, has been provided to Harris Preferred Capital
Corporation and will be retained by Harris Preferred Capital Corporation and
furnished to the Securities and Exchange Commission or its staff upon request