Quotation from: The Little Lady of the Big House

Written by: Jack London

"Can sell for twenty thousand any time," Mr. Crockett answered.

"Then sell her. She's too large for me, and she's worth less every
year. I want a thirty-footer that I can handle myself for knocking
around the Bay, and that won't cost a thousand. Sell the _Freda_
and put the money to my account. Now what you three are afraid of is
that I'll misspend my money--taking to drinking, horse-racing, and
running around with chorus girls. Here's my proposition to make you
easy on that: let it be a drawing account for the four of us. The
moment any of you decide I am misspending, that moment you can draw
out the total balance. I may as well tell you, that just as a side
line I'm going to get a business college expert to come here and cram
me with the mechanical side of the business game."