Complex sentence: It was in turn replaced by La Compagnie des Cent-Associés created in 1627, by the King of France, Louis XIII but was unsuccessful and replaced in 1643 by the Communauté des habitants.
Split into simpler sentences: It was in turn replaced by La Compagnie des Cent-Associés created in 1627, by the King of France, Louis XIII. However its was not successful and was replaced in 1643 by the Communauté des habitants.