The origins of the Morgan 41--a full-keeled centerboard sloop--go back to 1962, when the 40-foot yawl Paper Tiger steamrolled the competition in the Southern Ocean Racing Circuit for the second consecutive year. Three years later, a slightly narrower sloop version of Paper Tiger named Sabre finished the series a close second. Their creator, an unheralded designer from Florida by the name of Charley Morgan, had come up with a formula of beam, ballast, and sail that would stand as a benchmark under the Cruising Club of America handicapping formula. Morgan Yachts, the company he founded in 1965, went on to produce some 10,000 boats before being sold to Catalina in 1984, and Charleys designs ran the gamut--from the Out Island 41 cruising icon to the lovely 12-Meter Heritage he built for the Americas Cup trials in 1970. Out of them all, Charley still has a special affection for the Morgan 41, in which he set out to combine the best features of the two boats that helped launch his career.