The members of the _maona_ soon began to tire of their bargain and to sell their shares. Vignoso died, most of his partners resided at Genoa, and only eleven years after the constitution of the original company the island was in the possession of eight associates, of whom one alone, Lanfranco Drizzacorne, had been a member of the old _maona_. These persons, being mainly absentees, had farmed out the revenues to another company, formed in 1349 for the extraction of mastic, and consisting of twelve individuals under the direction of Pasquale Forneto and Giovanni Oliverio. Difficulties arose between the eight partners and their lessees; the Republic intervened, and, by the good offices of the Doge of Genoa, Simone Boccanegra, a fresh arrangement[493] was made on March 8, 1362. The island was farmed out for twelve years to the twelve persons above mentioned or their heirs, who collectively formed an “inn” (or _albergo_), and, abandoning their family names, called themselves both collectively and individually the Giustiniani—a name assumed three years earlier by the members of the old _maona_, and perhaps derived from the palace where their office was. One of the twelve partners, Gabriele Adorno, alone declined to merge that illustrious name in a common designation. The members of this new _maona_ were to enjoy the revenues of the island in equal shares; but the Republic reserved to herself the right of purchasing Chios before February 26, 1367, the date fixed by the previous arrangement for the liquidation of her original debt of 203,000 Genoese pounds; if that date were allowed to pass without such payment, the Republic could not exercise the right of purchase for three years more; if no payment were made by February 26, 1374, that right would be forfeited altogether. No member of the new company could sell his twelfth or any fraction of it (for each twelfth was divided into three parts called _caratti grossi_ and each of these three was subsequently subdivided into eight shares, making 288 _caratti piccoli_ in all) to any of his partners, but, with the consent of the Doge, he might substitute a fresh partner in his place, provided always that the number of the partners remained twelve and that they belonged to the popular party at Genoa. The number was not, however, strictly maintained. Thus, while at first the partners were twelve, viz. Nicolò de Caneto, Giovanni Campi, Francesco Arangio, Nicolò di S. Teodoro, Gabriele Adorno, Paolo Banca, Tommaso Longo, Andriolo Campi, Raffaelle di Forneto, Lucchino Negro, Pietro Oliverio, and Francesco Garibaldi, there was soon added a thirteenth in the person of Pietro di S. Teodoro, whose share, however, only consisted of two _caratti grossi_, or sixteen _caratti piccoli_, that is to say, two-thirds of the share of each of the other members. In the very next year some of the partners retired to Genoa, selling their shares, and thus two entire twelfths came into the possession of the same