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.
In 1965, Chenery and Phipps entered a foal-sharing agreement where they bred two mares from Chenery's Meadow line to Bold Ruler each year. The foals were then chosen by coin toss for which one would get first choice.