Complex sentence: Morgan L. Martin, Theodore Conkey, and Abram B. Bowen founded the village of Martin in 1849 and in 1850 they renamed it Grand Chute after the town of Grand Chute.
Split into simpler sentences: Morgan L. Martin, Theodore Conkey, and Abram B. Bowen founded the village of Martin in 1849. In 1850 they renamed it Grand Chute after the town of Grand Chute.