Willis Slane dreamed about a boat he could use to fish the rough conditions around Hatteras, North Carolina. He heard about a new material called fiberglass and contacted a young West Palm Beach, Florida, naval architect named Jack Hargrave. Together, they designed a 41-foot trunk cabin sport-fisherman with a 14-foot beam, powered by a pair of 275 hp Lincoln V-8s. She boasted a projected top speed of 30 knots. On March 22, 1960, the first Hatteras Yacht, Knit Wits, was christened.