Complex sentence: In 1919 the A.E. & C. was forced into bankruptcy, on July 1,1922 it emerged as the Chicago Aurora and Elgin Railroad and began an improvement program, including new cars.
Split into simpler sentences: In 1919 the A.E. & C. was forced into bankruptcy. On July 1,1922 it emerged as the Chicago Aurora and Elgin Railroad and began an improvement program, including new cars.