In 1965 Chenery entered a foal-sharing agreement with Ogden Phipps, who owned a leading sire, Bold Ruler. Each year, they would breed two Meadow broodmares with Bold Ruler. Then, before the foals were born, they would decide by coin toss who got first choice of the two foals.
Chenery and Phipps established a foal-sharing arrangement in 1965, utilizing Bold Ruler as the sire. Each year, they bred two mares from Chenery's Meadow line to Bold Ruler. The foals were then selected by coin toss for who would get first pick.