The actors gained a Royal "licence to perform", thus bypassing Rich's ownership of both the original Duke's and King's Company patents from 1660, and formed their own cooperative company. This unique venture was set up with detailed rules for avoiding arbitrary managerial authority, regulating the ten actors' shares, the conditions of salaried employees, and the sickness and retirement benefits of both categories. The cooperative had the good luck to open in 1695 with the première of William Congreve's famous "Love For Love" and the skill to make it a huge box-office success.